Day 2 Of The Blockchain Expo, 26 April 2019

As with any expo, the second day is always less crowded than the first. Even though it was less crowded, Stratis still had a lot of people coming over to their booth. This day there were no presentations so Stratis focused their efforts at the people coming by the booth. While it was a little less crowded, the Stratis team had opportunity to have longer conversations with interested people.

I talked with Ian Frew who is in charge of the sales at Stratis and he told me that in his opinion the expo was a great success, he has lots of leads to follow up on the next coming months.

I also had the privilege to talk with Chris about a lot of the things we have been discussing in the Stratis Discord with our community. He took the time to listen to all of my suggestions and gave his insight on the matter. As this was a private conversation between me and Chris, I am not able to share the details of the conversation. Just know that he listened to the feedback and let’s hope we will see some actions in the future regarding them.

Feelings Looking Back At The Expo

First of all: JOY! The moment I saw Pieterjan and Pharaoh after I checked in at the hotel was insane. It’s weird to describe it, we often talk on Discord and work together but the times we saw each other in real life can be counted on one hand. The moment you see them again and you hug it out, is a remarkable thing. It makes you feel humble that you can have friends across the globe, not seeing each other for a year and start where you left when you see each other again. One of the beautiful things of crypto, you can have family all across the world!

I spent the majority of the time with Pieterjan and Pharaoh, hence why I started with them. Obviously, they weren’t the only community members I hung around with and was happy to see again. I had a great time hanging out with Acetmesis, Zomertje, Neurosploit, Apro and Hubbie. I also want to thank the community members that just dropped by the booth or spend lunch with us. It’s remarkable to meet you guys and hear your stories!

And last but not least the team! People that came from across all the globe, Kevin came from South-Africa and Rowan from Australia. It was good to see Chris, Krushang, Dan and Pieterjan as the oldest team members and still seeing them being passionate about Stratis. It was also great to see all the newer team members and talk with them.

My motto remains: One goal, one team and one mission.

Conclusion

The conference was the largest so far, with over 12,000 delegates joining together for the co-located Blockchain, IoT Tech and AI Expo.

With Stratis being the highest ranked sponsor, you could see their name everywhere. I hope a lot of new people will look into Stratis based on the expo. I saw first-hand how many newer people and businesses were interested by the constant activity at the booth, as well as at Paul and Rowan their presentations. It was a great move by Stratis to have such a massive presence at the Expo. I look forward to seeing what all this new exposure will bring to Stratis in the future.

I felt satisfied because I had the opportunity to talk with Chris about things that in my and the community their opinion could be improved. It was refreshing to hear his take on all of this. As you know Stratis is focused on enterprises, which you could see at the expo. Stratis came across as a professional business who is trying to attract enterprises as clients. Stratis isn’t a crypto start-up anymore, it’s a legitimate business trying to bring in revenue to their BaaS model. I think for many of us, including myself and the team, the transition from a crypto start-up to a professional business focused on enterprises was a tough one and still is.

This doesn’t mean Stratis stopped focusing on the crypto space. It means Stratis takes a different approach than many of the crypto projects out there. Most of the crypto projects out there market themselves like kings but don’t have anything to show for when it comes to that point. Stratis is taking the approach the other way around, Stratis has the goods to show but they focus on building out their platform and trying to bring in new clients. The fact that Stratis has more to offer than 90–95% of the projects out there, but hasn’t shown that means Stratis has a lot of room to grow.

We are in a better spot than many other crypto projects which only have marketing and no actual development. This leads to a short-term price increase, however in the long-term it probably results in the project going bankrupt. The fact that Stratis only raised $ 600,000 and always had to budget accordingly puts us in a great spot. According to Chris, we have around three years of runway left based on the current $STRAT price, imagine when we increase in price again and bring in more revenue.

I would say we are undervalued, undervalued in terms of price and people knowing about us. I tried to explain to Chris that you can have it both ways, it seems like not shouting things of the rooftops is a UK mentality. Based on everything Stratis has achieved so far and what’s in the pipelines in my opinion it’s okay to showcase more of that and that they should. I hope I got that message across the team and that we see them being more visible in the crypto space.

There is lots of work to do, but we are in a great spot! In the bear-market Stratis kept building their platform and kept improving their business. We have years of funds left and everything is in place to make Stratis a company that will last for decades. I guess that’s the thing in crypto, in crypto people expect to keep on going fast and take opportunities as much as they can without thinking about the long-term goals of the project. Stratis is focused on the long term and has set up their business with that in mind, it plans to be here in ten years and even after that.

That’s it for now. All the best to everyone!

Khilone

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