19 Burst results for "Alessio"
"alessio" Discussed on The Glossy Beauty Podcast
"And I think this is the challenge. Where does it leave? Because you tend to look at your programming as a very brand centric type of thing. I have time on December 15th. This is where I'm going to book the celebrity and I'm going to show. But from a consumer standpoint, this could be completely irrelevant. And so we're learning about the value of being alive, versus being broadcasted or being versus being a played again. So for example, we see that we receive adjustment use from the live shows versus those who play the show again when the show is over. And we see that there is a delay between when people watch the show, whether it is live or its replay when versus when people shop with us. And this is why I was telling you this is more of an after final middle final type of tool. Whereas in China it's very bottom funnel, but it's also the scale and the critical mass that they is different. So who am I to say that from now, this could be the most relevant shopping tool in the U.S. as well? Yeah, I think you're right. I mean, I think about even with the pandemic, the acceleration of ecommerce in that same way, you know, like when boomers were shopping online and they could never. My parents could never order anything on Amazon. And now it's old hat. And the QR codes is another great example. QR codes were dead. And now they are the most important thing here in cities like New York or in LA. I'm just wondering, you know, like, what makes a good live stream? Because I feel like there is still a lot of work to be done here in the U.S. in terms of finding the right influence or the right partner, the right timing..
"alessio" Discussed on The Glossy Beauty Podcast
"Obviously, nars is on Clubhouse and has been doing some things on TikTok. You know, played a Poe has not totally shown up on TikTok quite yet. I know that might be in the works. So where do you take your chances and your bets? So we normally start with displaying the opportunity to our brands. So we have a community of people. They gather around a certain tables on an ongoing basis and they pay attention to what is changing in the space. And this is normally how pilots are defined. So nuts could say I really think Roblox is important for me, and maybe somebody else talks about TikTok. In other cases, we encourage brands to take a little bit of a risk in other cases with fund pilots. So in general, overall as a portfolio, we're always out there experimenting with something else. As the fastest we can, because we want to remain on the forefront of change. Sometimes it's not about starting an experiment that is challenging. It's about to stop in it. It's about acknowledging success or acknowledging failure. Sometimes people have a hard time letting go staff and actually are now working. And concluding that pilot and moving on. So we pay just as much attention to collecting the data and setting a deadline for us to say this is interesting for us or it is not. That's an interesting point because, you know, obviously, for the last, you know, at least 8 years, I would say everyone has been obsessed with Instagram, you know? And that was the place where you could really see transformations and beauty before and afters, all of that. And I've seen a lot of brands kind of really shift from posting and content and working with creators on Instagram to now just focusing on Gen Z and TikTok. How do you feel about that kind of thing? We in general do not believe in shifting and riding whatever way such as because it's available to us. We continue to consider this platform within the context that they operate within. So what is the role today of Instagram versus what was there all of the Instagram 5 years ago or even just a pre-pandemic? As you changed, yes or no, and if you did change, how can I leverage that at the best of my abilities? So we do believe that and I mentioned Instagram only because you mentioned that it is yet to stay and of course it's evolving as a platform and you're right that there is a TikTok in the game right now. But we don't have to forget that attention is a zero sum game, right? So there is no opportunity here for brands, but there is also a risk to spread themselves very, very thin. And what is appropriate for one brand? They may not be appropriate for another. So I remember that already three years ago because it was well before the pandemic, we hosted a group of the TikTok people here in the office in New York and we told them what you want to go with that..
"alessio" Discussed on The Glossy Beauty Podcast
"And I think it's interesting that, you know, being where the customer wants you to be, is very much about convenience, which we all needed during the pandemic. But how do you think the chase group feels about that? Next time we saw the phenomenon from the consumer standpoint. Because that's the only valid one. And the people always went to high and low across the globe. I would say specifically in the U.S., but people never bought to the full from one single fashion brand or all the jewelry from the same jewelry band. Or their makeup from the same American brand. So I think the brands denied that, then tried to fight against it. If you embrace that concept, and you actually go where you're consumers are, you don't see as anybody else. And now you have to go into places that can offer the right level of service and they can sustain that I level of price point. And some of the things that you mentioned may be slightly experimental. So we may see here in three 5 years and comment again about them. And some of these things that will have been a success, some may be less. But I think it's important to continue to follow the consumers where they are. I mean, people were perhaps a piece from her master Gucci, but then somebody else from zada. And you know, and people can show up at calls and target as much as they shop at sucks. Or perhaps a Macy's or it's a photo. It could be the same consumer, right? So why wouldn't you want to serve them whereas she needs? Perhaps editing your catalog, perhaps making sure that the point of difference at any touch point makes a sense for where she is or he's in their journey. And I think this is a potentially the only threat that you copy and paste that your proposition exactly as it is everywhere you go. That doesn't work in navy. And I think at the stance that we took was to try to understand what do I now about this consumers when they added target or they are at calls. And what is the difference? This is when they go to Sephora or to Macy's or to Alta. How can I augment my narrative and make sure that my proposition is just as bad in the one that is a displaces? When you think about digital transformation, obviously that's a big part of your role, alessio. What does that entail? Because I mean, right now, we're in this stage of everyone's obsessed with TikTok, we're talking about NFTs. We're talking about gaming. I mean, God are the days of just having one platform like Facebook and maybe your website. Well, first of all, I have to tell you, I love it, because it's a changing so much. And you wake up in the next day, and that is something else that you can test. So this is really keeping us alive. I think we TikTok and at the certain extent, Clubhouse, you mentioned NFT, there is a Roblox..
"alessio" Discussed on The Glossy Beauty Podcast
"You that I never stopped. These are different companies a different times. Geographically positioned very differently with different goals and objectives, although sometimes L'oreal and she said, of course, that part of the same industry. I would say that the macroeconomic scenario where you play at that specific point in time as well as the cultural legacy of these companies and make most of the difference. So for example, she said is, of course, the Japanese have you company with almost the 150 years of heritage that is moving east to west, whereas the L'oreal or carrying if you will in a different industry, these are French or French abortion companies that are moving west to east. And so that changes the point of view dramatically. So that's a very interesting point that you bring that up. I mean, I don't think a lot of people have talked about that on this show. So for you at shishito, tell me a little bit about that journey from east to west. Because I know it's quite a Poe, especially, you know, that is the utmost luxurious brand in Japan. And, you know, it has a very limited distribution here in the U.S. still very I would say quite precious in a way. And not mask. It's not found in Sephora or Ulta or any of the larger channels. So could you tell us a little bit about how you kind of create brand awareness and buzz when this is a brand that's beloved in one place, but maybe just starting to get traction here. Yes, so the foundations of clips are very common to I would say most of the successful luxury brands across any industries today. And it is all about building a community. It's also strictly associated with the way social has evolved to write so when you build a community, you can do it by sharing common values across certain number of people..
"alessio" Discussed on The Glossy Beauty Podcast
"Your host, Priya Rao. And here with me today is alessio Rossi. The executive vice president of shiseido and clay de Poe and the head of digital transformation of the Americas at shield. Hi, alessio, how are you? I'm doing well. Thank you for having me today. We're so excited to have you. Alessio. I have to say, you know, one of the things that fascinates me about your career and your trajectory is just that, you know, although you've been in beauty for almost two decades, you know, you've always been on the digital side of things, which I think is pretty novel. You know, most people are only now in the last 5 or ten years, getting involved in digital. And you've been there since the start. So I would love you to kind of level set for us. What that was like back in the day. I remember over dinner the other night you had mentioned that there was this thing called Facebook at one of your first jobs and you were telling your boss about that. Will you tell us what you were doing then? Yes, absolutely. I was lucky to be in the right place at the right time so that today people can consider me a better run of this space. It was actually very serendipitous and a very path so at that time I was actually working in fashion. I spent almost a half of my career in fashion in the second half in beauty, where I am right now. And it was back then those were the very early days of digital. So I believe that Facebook launched in 2004, 2005, something like that. So imagine showing up in Paris in 2006. In one of the most iconic French through luxury fashion brand that you can possibly conceive and tell them that there are 5 organically raised Facebook groups talking about them and there are 2000 people animating the conversation at the time this seemed like an apple collected number. And the response at that time was vital quorum right to center we were believing in Facebook already in the power of social media. We could see the transformation coming down the road. But brains were as likely reluctant to adopt it. And today, without to naming the brand, I can tell you, they are one of the most if not the most relevant to brand Intel luxury fashion in social. Would you say that kind of thinking about it, what you do now? I'm thinking about back then. The idea of not kind of engaging with those communities on Facebook or even Instagram would be crazy today. You know, like obviously you said that there were 5 organic accounts back then, but now you kind of have to respond to those communities. And that's probably what you do a lot of today, correct? That was a quarter to the transformation that happened in the past few years, the right that we all come from mono directional communication. So we were taught to being one talking to many. We weren't necessarily taught to listen to get a feedback and to engage in many multiple concurrent, sometimes a synchronous conversation with our audience with sometimes also some of these audiences may have a different opinion. And which could be very legit. And I think that was a huge change for a brand around the world. I think a specifically in luxury, because the point of view was I am telling you what is best for you. So why should I listen?.
"alessio" Discussed on Mental Illness Happy Hour
"Wow. It isn't often that something leaves me speechless doing this podcast, but that I think that speaks for itself and thank you for sharing that. And I'm so sorry that that was your experience. This is an email that I got from alessio Ricci and they write hello my dearest, did you get our first message? Yours sincerely alessio. Please did you get our first message question mark? I did? I remember our first message. I remember us getting together and writing our first message. It's just the way we caressed each other's faces while we talked about what font to use. Who would get our first message? Would we send it to you? Would we send it to me and we decided to flip a coin and because we're in Italy, I remember you said let's do a Roman coin and we flipped it and that didn't decide anything because one side of the coin was passed on the other side was pasta. And so we wrestled. We went to the coliseum. And we wrestled. And just as I was about to pin you, we got chased out of there by a 2100 year old lion. Well, it was more. It more shoot us out of there. But I don't know if I am ready to commit to you. My heart has been broken by other European email collaborators. And I just don't, I'm still a little wrong. I don't know if I'm ready to jump back into the European email collaborating pool. But thank you alessia. This is from the shaman secret survey filled out by a woman who calls herself all kinds of confused. She identifies as gay, she's an enter 20s, was raised in a slightly dysfunctional environment, was the victim of sexual abuse and never reported it. I was sexually abused by my step sister from ages 7 to 11, and was in a sexually and emotionally abusive relationship with my boyfriend and high school. I struggle a lot with feeling like I can say no. Tying myself worth to being wanted sexually with being present during sex. And did not have a positive sexual encounter where I wasn't just being used until I was 20. I sobbed after the first time I had meaningful sex. I've been really struggling with my sexual orientation and think I am a lesbian, but through some thought somersaults that I know are irrational, I convinced myself that I have been both conditioned like women because of the abuse and been conditioned to not like men because of the abuse. Both of which I know aren't the case and these thoughts are just my mind trying to delegitimize my feelings. She's been emotionally abused. I still feel messed up about it. I feel like he took a part of me that I haven't gotten back even 8 years later. I always assume that people especially my partners do not have my best interest in mind. And I feel scared to voice my opinions. When I'm around people yelling or if I get into a disagreement with anyone, I can almost feel myself shrink and I feel so small. Any positive experiences with the abusers. I've had positive experiences with my step sister. I do not blame her for what she did to me. She was also just a kid. She also must have been abused herself as she was doing those kinds of things to me. But we are now friends and hang out every once in a while to catch up. Darkest thoughts. A dream about murdering my abusive X I never actually would, but I so desperately want some kind of justice in my life, and I would love for him to feel even an ounce of hurt, that he has made me feel. Darkest secrets. I used to cut myself and pour nail polish remover into the cuts. I still long for that feeling and wish I had the guts to do it again. I think I would if there was a place in my body that no one would find out, but my scars are pale. Now, so a new one would be obvious. Sexual fantasies most powerful to you. I watch almost exclusively double penetration and anal porn. I think that in these kinds of videos, the woman is often just treated like an object object. It makes me feel shitty after I watch them every single time. What if anything would you like to say to someone you haven't been able to? I wish I could tell my mom that I was angry. I feel like I should have been protected as a child, but I wasn't. I brought up my childhood abuse to her once and she made it about her and said, I don't know what you want me to do about it. I don't want anything from you, mom, except for you to even acknowledge my pain. What if anything do you wish for? I honestly just want to be happy and feel like I am thriving for once. Have you shared these things with others? I started dealing with these feelings and therapy starting in January 2017. I had just gone through a big break up too and had a metal breakdown for almost all of 2017. It was the first time I had ever talked about the specifics of what happened. And the first time I felt validated in my feelings. I no longer go to therapy because I moved, but I know it be helpful for me to go again. How do you feel after writing these things down? I feel all right. I haven't talked about these things in a while and it feels good to get some of that feeling out. Thank you so much for.
"alessio" Discussed on Epicenter
"We kind of abstract this entire process for some degree because when they get into the dough staking program, like they get the benefit of all of this. Because we manage that treasury, we do the research, like the community does the research employs the different strategies. And then people just get the payout. Which I think it's quite interesting. You can even think about that as almost getting a carry from a fund. To some degree, by working night, where it usually happens on the GP like this happens for each one, but in the group. So a different strategy on if you can low risk, just like yeah. Yeah, very cool. Yeah, one thing I'm curious about pi. So far we've always talked about the curium, do you guys have plans to extend pie dough to other blockchains, or like, you know, kind of include assets like non Ethereum assets? Right. Like 99 cents are well, first of all, we have to have them breached into a dream summer, like for that to happen. And that would be like one of the first things, but it's definitely something we are interested in to like and it can not be in a variety of different ways, either fruit synthetic asset or broad version. And that's the case. We already use WBC. After all, like in a couple of different elevations. So that's definitely possible. There are a lot of talking within the community of going into a variety of different L two and I think that's something which is going up in pretty soon. Yeah, the moment like we find out what is sort of the best formula for doing that because what I find particularly interesting about pie dough in L two is that you can provide to L two users like a layer of additional fees that they would be getting on L one, which they can not. For your kind of double yielding. You get the pi, which is already yielding like 10% APR because it's using so many strategies. And then you bridge that into an L two like and then you don't only give the exposure. But you can use that in a variety of different particles over there. So I think that's the direction we're going to go for all that regards like L 20 franchise. So what's the what's the future here? I know you've got a road map sort of road map for the next few quarters post up on the medium. Walk us through. So things that are coming up and pie dough. Right, so yeah, the very first focus right now is to, well, we want to get to a very large percentage of the network stake. I think that's potentially one of the most important thing that we are all working as a community towards. Because it's incentivized, but also because it's good for the community itself. There are a couple of different products which are going to be pretty exciting. One group gives basically full vertical exposure to all the different L two solution and it's called scale. And it will give you stuff like optimism like or polygon and whatnot. So you can make a vertical bat on all the different scaling solutions without having to pick one. Same NFT files something we've been thinking quite a lot and we are looking forward to have done making into our reality. By the way, shout out to the winter beer community because there are club base is being very helpful in the finding that allocation as well. And more generally speaking, I'm looking forward to see tokenization of some of the strategies that the treasury working group has been working on within the couple of the last few months. There have been extremely effective in generating yield and then the outperformed benchmarks by a lot. So I am very excited to see that being tokenized into their own sort of their own strategies. And that's definitely happening very soon. From an organizational perspective, we have been working on pretty much creating all the different structures which will enable your organization to scale and have more and more full time talking older cat on board. And make sure they can make their best work. So I'm quite excited about that. It's been a long process, like it's now working pretty smoothly and also like I want to shout out to our gen for leading most of these efforts. And yeah, so a lot more products coming out. A lot more related to benefit to the videos like us, which is they will see very soon. And a couple of new buys and blind. And where should people go to find out more about pie dowel and perhaps get involved? What are some of your calls to the community here that you know people to check out? Yeah, so like first things first bike definitely go and check it out about this court. It's a pretty active Discord. You can find it in pied out a torque, like just going to the footer area like you will find a link to this code. And regarding getting involved, like we recently rolled out a completely new bounty program, which is enable you to learn some of the and then participate actively into the community. That's probably the fastest and more interesting way to go deeper into the committee and get into an actionable stage, earn your way through the door, like earn the reputation. So definitely go and check out the board like there are a number of tasks which are both for technical people and non technical people. So feel free to just jump in, like and participate within the community. For all the rest, there is a governance forum, which is a total torque, when you're going to see all the governance happening for the vast majority. And what decisions are made. And I think otherwise like hit me up on Twitter, I can then I.
"alessio" Discussed on Epicenter
"Tools. So yeah, I think the KPI that makes a lot of sense, I think, as a sort of, yeah, way of incentivizing and rewarding people. Of course, tricky too, right? Because often maybe the KPI can be slightly off and then sort of then well if you advocate API option, right? People are going to try to optimize around that KPI. And that really matches what you're trying to accomplish. Great, right? But if it's like slightly off, you're correct. People will definitely optimize for that KPI. And that opens also interesting question, which is like Corinna de centralized organization, which has it's leaderless. You have to make decisions almost based on the advice process instead of the train of command. Talking orders are not like, you know, they're not going to decide where to go. It's more like you have a community of people who want to implement different things. And you need to have systems to make sure those people have that opportunity first, but you can see it's important that there is like a governance layer on top, because otherwise you don't have any good point of intervention before things get too far going badly. But that's pretty important because that opens a wide opportunity for people to experiment and also create a whole lot of different things. I think you were mentioning traditionally ETF before. And I think one of the main difference that we're going to see between traditional products and on train products is that the cost of production is extremely minimal when you see a downturn product, right? Like a rolling out regulator DTF will take millions of dollars. Only in compliance, right? Without even talking about licenses and all these kind of things. But own train that takes minutes. And peanuts from a customer perspective. What that means though is that you might end up with a bunch of different products which are not really working out great. And that's why you need to optimize for specific performance indicator. So in that sense, I think that works, it's going to work out pretty well. But I do expect to see a lot of experimentation. In that sense, I think we are just so early on. To see what is going to happen. So let's talk about the oven a little bit because this I think is a really interesting piece of this product. Describe what the oven does and how people are using it. Right. Now the oven is it's basically this comes like we have been looking at how people were using pies. I can eventually we realize that maintaining price might not be accessible to anyone. Just because the cost of the gas so it's going to be so expensive, right? Like I didn't right now, the block space within the I didn't blockchain is in very high demand. As such a gust price will spike pretty often. Now, since this product contains basically a large amount of different tokens, like that will become a little bit costly over time. As such we have been pretty much defining a batching mechanism. And you can think about that as using your own car versus getting into a bus. It's going to be just cheaper like if we got ten 20 people into a single bath, and then make sure they all go to the same place. That's what the oven does. You deposit your ref into it. When some is basically crossed, then the oven will bake. And then by biking, we created the pie for everyone and then give it to the people. It's a similar concept of our roll ups work or sort of other L 2°. Okay, so essentially by having used the oven, though there's a time sensitivity, you can't be time sensitive. You have to be prepared to wait until dispatching will happen. And how often does this batching happen? Actually up until based on trigger. So like there is a minimum requirement of tanif within the oven to start baking. And then the gas will be subsidized by Tao, which means that the use is only paid the gas to deposit into the oven to withdraw, if they want to. But like the entire baking is subsidized by Tao. It depends on the depends on the moment. Sometimes you would be baking up as within hours. Sometimes you can take a couple of days. But in any sense, I think we are estimating right now that if you do break through the oven, you have up to 72, 70 80 depends on the number of tokens. Gulf savings. In doing that. Wow, let's just pretty impressive. So before you get to talking a little bit about the future of pi dollar, I'd like to maybe take it to a more practical side. So, you know, someone who's holding east today can choose the old eth and just gain from the increased increase in price and what are some strategies for optimizing the returns that you can get on that eth? And like if someone say just very plainly, like, someone had a hundred. What would you recommend as low medium or high risk strategies with regard like as far as pie dough is concerned? Right, so like it. I think you can look at it from a perspective. I was mentioning before that we do pretty intense work in treasury management. By the way, sort of managing is on treasury, which is I think close to 18 million or something. And that's where the yield comes from. And we do employ a variety of different strategies. Within sort of the if exposure. We consider to be a risk free exposure. For if two, either through tokenized platform like lido or something like that, we consider that to be sort of the base benchmark. And then we do employ a couple of other strategies into that so you could besides like it just put in that stuff in lido, you can participate into the query tools and then have the tongue, for instance. And even spike those position into something like convex finance, which will yield you an additional layer of fees or additional layers of tokens through the CBX incentive problem. That's already kind of in the medium risk strategy, like, but it will yield a little bit more. And that's a pretty interesting one. Otherwise you get to even more complex stuff like sending portfolio of options. Or which is something which we also do within the pilot treasury working group. So the good thing about all this stuff is that you have one under def like and then you have to decide all these different sorts of risk profile, which are location Putin each one of the risk profile. And then there is a lot of research involved..
"alessio" Discussed on Epicenter
"Power, you need to exercise that. And then we like to call this concept as governance mining. And the basic idea is that the Dow over time will accrue a bunch of fees and the will accrue a bunch of different revenues also coming through a totally different working group, which is the treasury group, which does active farming with the assets within the data. And that's actually pretty substantial. So we want to make sure those revenues are redistributed to the people who work to make that happen. And then that's how we define the idea of participation. So active participants will receive like a slice of the world's either coming from the pie or the treasury farming in the form of a basket of tokens. What that means is that rewards are not actually given within the delta organ itself. And they are not related to the price of dough, are instead collection of different fees. Made of different token. So like the very first distribution next month, which is the very first distribution of slice, will be comprised of a variety of different token, including vowel and CR-V and CVX, and all the different things that the treasury has been actively producing through transferring management. I actually think that is the probably the first time I could people are rewarded for participating in governance. Not within the same token of the governance itself. And I think that's pretty novel. Yeah, practically speaking, what have been the effects of this, so I'm curious, actually, and broader question is how big is the community and what kind of governance participation are you seeing, like what's the percentage of token holders or tokens that are actively participating in governance? So these entire program has been starting this month so like we are now 13 days. 9 days in, because we started on the fourth. And we have seen over 26% of this equation supplying being staked. Roughly like a 5 million, a little bit more than 5.7 million, acting to act like it's going pretty fast. And so so far, we count 140 different token orders, like within the new governance system as the world is spreading like this is sort of getting bigger, especially as people realize like the order of magnitude of the payout, which is obviously like a big incentive to get in quick. Because we are actually now the entire distribution will be related to everything which is in the treasury accumulated so far. So I think it's across next to 1.51 .4 million right now. We didn't talk about this. And in terms of the impact we have been seeing, it's actually quite interesting because since we have been rolling out this new system, we have been, well, seeing the entire community come alive once more in a completely different way. They are all shifting mentality like in this idea, okay, how do we make sure, by the way, the vast majority of the tokens are now state for three years. So it's a pretty long commitment. And that's generating like a variety of different initiatives on how we can make sure that after those three years. At the entire value of the Dow will be way longer. So yeah, we are going to actually do the very first the very first governance vote next week after Monday 18th. With the new system. So I'm pretty excited to see the participation rate. I expect that to be close to 100%. So I guess we will see. I'd like to go deeper into KPI options and the role that they play in determining, for example, like allocations in a vault. Right. So the KPI does not have anything like related to the allocation itself. So let me briefly explain what the KPI is first. So it's basically this idea pioneered by the you are making. Of creating tokens which are following a key performance indicator. And that can be pretty much anything. In our specific case, we are using those in either two ways. One which is we are going to incentivize liquidity which is faked within a single product. And then the number of TBL within that product, it's what's used by the Oracle of the UMA KPI option to basically do the settlement, or more specifically, as for today, we are doing a KPI option which incentivize people to find new strikers, like an expanded community. And that specifically, it's actually running out also this month. And the way it's going to work is we're going to have 6 months of time, and then we're going to look at the total amount of token state and then it depends on the outcome. That KPI option will convert up to 5 million delta token, which is the top end of the governance. We are using. In a pretty asymmetrical way, which means that there are steps in the middle, like an obviously within the free steps like the last one is the largest one. So like if we can manage to get to that one like everybody gets another big additional payout. And that's a similar way we're doing for pies. As we engage with different groups or like with specific working groups, we want to make sure those people are incentivized to do a good job in accruing as well in collecting value for the product. So you can define a problem which is basically saying, okay, you're going to release this. Now, we're going to release the epicenter product. And you guys are going to manage on a location. You guys are right of the cure of novel you're doing. And the way we're going to incentivize that is once that come out like if that product gets 1 million TPL, then you're going to get this much like 100 token or 100,000 token, let's say. But if you get 5 million TBL, then you're going to get three times that. And so on and so forth. So you can create sort of a stack function to make sure people are only paid for results. If that makes sense. Yeah, that makes sense. Yeah, we could start a an epicenter vault that has all the projects that we have on the podcast. See how that plays out? I'll bite. But I think that's such a quite interesting compounding mechanism to just governance percent. And that comes out to what you just said before Brian. Sometimes you can not let everybody decide for everything. You will need to have specialized expertise to make to make sure things function. And I think you can even think about that in terms of the prices low. And then if you look at the price of flow, they say that 50% of the work is done by the square root of the total number of people who participate in the work, which basically means 10% of the people have 50% of the result. So you want to create incentives which are targeting those 10% of the people. And make sure they are, yeah, they are basically incentivized based on the results. I absolutely. I think they are going to be great. Yeah, no, totally. I mean, I think in the end, what you're having here is, you know, trying to do something, like trying to produce like create products, trying to create, you know, get users, build something, in a decentralized way, right? So of course you have to have people who then contribute to it and get rewarded somehow. And that's like challenge in essentialized traditional company. It's not easy to sort of say, oh, who continue to buy much and compensate people fairly? And now if you have an decentralized context, of course, it gets yeah, I mean it's probably even trickier at this point of this, right? Because we.
"alessio" Discussed on Epicenter
"In our own. So that makes the process a little bit more scalable, but it also creates the condition for them to be able and act within the Dow under the used image control of the token orders. Which basically acts as a sort of a subjective article if they made a good a good job or not. And we also implement ways to incentivize that behavior through this thing that we are using which are called KPI options, which are basically related to the performance of those indexes. So that verticalized group can are actually rewarded for what they are cheap. To answer your question, everything happens within the umbrella of the Dow. There are sort of independent single working groups, taking care of single products. And there are incentive structure for those single working groups. Based on performance of those products. Yeah, so there was a post written about the methodology for how pies are built. And maybe that's a good segue into the governance aspect here, which I think is fairly interesting. It sounds like one of the most novel things about this project at a high level walk us through how pies are built like three of these working groups and maybe from there how the government governance plays into that process, particularly through the dough and veto tokens. Yeah, sure, an option to light. I think, well, in terms of the construction of new products, like, it all starts within the governance forum of the Dow. Either a group of people or someone comes out with an idea for an allocation, which is formalized into what we call a PIP upper improvement proposal, which is basically like a formal proposal for the allocation. We different allocation can have different methodology. We have sort of our general rule of thumb for anyone who wants to get into a market way to the location. So we are going to look at a couple of things. That's exactly what's described within that forum post, which is not only related to market cap, but also underlying liquidity. And that's necessary because we want to make sure that if large capital enters the space or enters the bar like sleep pudge is under control. So we look at all these things like and once the models are sort of run out and the discussion has been going through, we try to achieve what we like to think about as off train, let's call it of training rough consensus within the community. So the discussion will be going for a couple of weeks sometimes a month or two. We will be looking at the product if it does make sense or not. We'll be looking at a different candidate. We will make the matrix of inclusion like weather makes the cut or not. And then we're not going to find out about to make sure that it comes to reality. And then after that, if the specific allocation does. Sort of include specific trigger for a balancing, then that's where the rebellion will happen. So some other locations will basically say something like, okay, if you, you know, if a single token is over 30%, then that triggers a rebalancing immediately. And this needs to happen. There are kind of it depends on the allocation. But there are a couple of different rules, which can trigger a balance. And this entire governance process, like up and mostly of train, but then eventually it gets not arised. Either on China or food or SnapChat platform, through voting by talking orders. And most recently that went through big upgrade. As we've been transforming the entire way, the governance system work through the introduction of veto. Yeah, the entire concept about video is actually very simple, like we have been thinking a lot since the beginning of the Tao. How can we make sure we balance short term interest with long-term interest for token orders? And that's one of the key questions which I think every community is asking themselves. And how to create that kind of long-term horizon in the decision making. And the reason why you want to do that is like, you know, they are simple to understand. But they basically create the groundwork to have a mentality which is focused on impact, which is making sure that you are investing on the right thing, including innovation, which is eventually what is going to lead to success over time. The capacity to sort of reinvent yourself as an organization and make sure that you don't stagnate. Taking all these things into the consideration, we have been rolling out a new governance systems, which does require token alders to basically declare their commitment to the Tao. And then say, okay, I'm going to take my tokens from time span, which is at least 6 months. To a maximum of three years. And by doing that, I can always like, but that's the only way I can participate into governance. We believe that gives all the strong reason to take responsibility for achieving the mission of the Dow. And also pretty much act as an owner instead of instead of our passive actor within the ecosystem. And then tokens there's like some kind of inflation is given out to the governance participants to incentivize that. Not all not all. It's actually not inflation. So the finger is like we are going to redistribute so there are like a couple of components. Components number one is the commitment part, which happens through the stacking and gives you access to governance power. And then once you have.
"alessio" Discussed on Epicenter
"Beginning, there is obviously the Tao and the community like which makes van Gogh and all these different products. For the current line of product, we are managing. There are basically two categories. One is our so called smart pools. And the other one at pivots. Smart pool was the very first line of product, which we implemented as a custom implementation of the balancer marbles. So we were basically using this idea of doing alpi LP like a LP tokens or like a liquidity pools in the form of basically index funds, which will be out the rebalancing through trading and generating yield in the form of exchange fees between the assets. So that's been one of the first implementation that we pushed like and we still have a couple of those a good example. So basically, for instance, is an allocation which gives you equal balance between atrium Bitcoin and the 5 points. And at the same time, it's automatically generating free layers of fees from basically trading opening within the pool. Either between BTC and if or if I but also because defy plus plus, which is our default location, is also composed of two sub indexes. So like we have been always focusing on this composability aspect so that we can create this kind of structure. Which means, basically, is earning that layer of fee, but also the fees of trading between the two sub indexes, the 5 assessing the 5%. So between that and rivals, there is a fundamental different difference by volts are there is no active trading happening within the pool. But you gave up that for in exchange for a couple of more things, which is intrinsic productivity of assets. So those assets can be used within a landing protocol can be used within not exciting, for instance, we do take sushi, we do take Wi-Fi, we can use wire and bolts within and whatnot. And they can also yield bounds between the most interesting opportunities. Over there. So if one single token within the pool is gaining more yield within another gambian protocol or sort of another Bible like the pool will automatically bounce back. So it's kind of bleaching together like this field bouncing concept. Together with index funds, if that makes sense. The pivots are, I guess analogous to a sort of ETF. Where basically you have got multiple tokens when you buy one of these indices you are essentially buying into the performance of multiple token. So looking here at the website, there's like the D 5 large cap, which is like the larger D 5 protocols, then you have the smaller cap there's a USD pool, which are vault, which has like all the USD stable coins. And then interestingly, there's also an NFT metaverse index, which has holes like several NFT projects. What are some of the and there's just like strategy. So what are the strategies that are being deployed here for each of these indices? So I've noticed, for example, that if I take the defy large cap, I'll see that, okay, there's 20% allocation in link, and that strategy is appears to be lended on ave. And then you know, it has like 15% and it's lended on compound. And some of them don't have. So are all of these tokens then just being staked and either or put as capital and lending pools and then how is that being managed? Whenever that is possible, the answer is yes. So some of these tokens will it's possible to lend them either in lending protocols or into reduced bibles. Quite a bit, for generating guilt in that sense. We don't do liquidity directly since that will give pretty much like exposure to something else, which we don't want necessarily in the index. And yeah, so like whatever is possible, for example, or come again. Like in permanent loss for example. In order to gain whatever is the other asset in the interior. So anything which is considered to be sort of almost risk free in terms of landing, then we are going to do. Some of the strategies are also whitelisted, including a tokenized hiking. That's the case for sushi, for instance, an. And a couple of others. So so far, we have been focusing really on only white listing tokenized strategies. And the reason for that is that you want to create the situation where the end is always fully collateralized. And then in the worst case scenario you can always exit in the tokenized version of that token. Moving forward, we are actually going up probably go through the route of having also non tokenized allocation and having a slightly more complex redeeming mechanism. But it will enable so much opportunities. And so I think it's well worth it. Okay, because like all of these pools are fully backed by the tokens that are allocated. That is correct. So 100% back. And local story from a user perspective. So like any time anyone can go and either meet or redeem their pie for the underlying assets anytime they want. You mentioned that in the future you're looking at perhaps having un collateralized indices. No, I wouldn't say I'm collateralized. And I'm tokenized in this. So some of the staking opportunities for some other defy opportunities are not.
"alessio" Discussed on Epicenter
"I wanted to ask you, I noticed in your website that you talk about financial inclusion and I wonder if this is something that it's a term that gets used a lot in crypto and what does it mean to you and how do you define financial inclusion? Right. I think that's well that's a great question. I'm definitely proud the idea that people have to, well, first educate themselves like and put out the effort, but I would also argue that a lot of the operation that people do like which are a little bit more financially saving can potentially be automated. And if they can be automated, it also means that you can create products which are designed for the busy people or for the ones who don't need to know exactly how that specific strategy or all those assets the way they work. At the end of the day, people just go to the kitchen and open the fridge. They don't understand all the fridge works, right? So can you do that for financial operation or marginally speaking for asset management? And that's really what we're focusing here. Okay, so in it's more of a question about knowledgeability about financial instruments than it is necessarily about having access to those services. That's definitely one component. The second component is can we build tools that facilitate that? In terms of lowering the cost and making more convenient to people. And that's, for instance, where the album came out, the entirety of the album within the pilot ecosystem and serves the purpose of lowering the barrier for people to maintain bias. And we can talk about that if you like. Yeah. Well, so let's talk about. I'm curious like we're all kind of branding around pies and baking came about. Yeah, the branding when it comes down, it boils down to the fact that as I said, we eventually spent a lot of time as a community thinking about asset allocation, and we were using a lot of pie charts to represent those. So eventually this entire this entire thing turned out into a meme is like, okay, we're building piles like is the bakery. I can then was adopted by the community pretty well right now we actually have almost secret group for takers, which is called the kitchen. And our newsletter is called inside the bakery. And we have been following along those lines since the beginning. Yeah, it's definitely like a pretty cool meme, but I think memes memes help communities stay together and sort of gives them I mean like to think about, you know, anthropologically speaking like how religion has all these memes that kind of keeps communities together. And I think a lot of good crypto projects have sort of taken taken on this approach. You know, knowingly or unknowingly, but it definitely works. So like describe what is pi Dow and it's sort of in a nutshell like how does it what's the vision for pie dough? So if I have to condense it into a sentence, I'm going to say we are a doubt that serves as a decentralized asset manager for tokenized portfolio. With a mission to bring automated wealth creation to everyone who has an internal collection. I think that's a way a good way to represent that. What that means is that by the offers a variety of different products at this point, mostly tokenized portfolio, which gives you access to curated basketball set, you might think sometimes more about those things like ATF, to some degree, but like on steroids. Because I could be descriptor like when we are using D 5 protocols like, you can combine not only the assets, but also create intrinsic productivity, and re leverage all the different opportunities that if IS to offer it from landing to staking to generate yield. And even be a proxy for participating in governance into other dos. Right. One thing I'm curious about there are some other protocols. Like for example set protocol, they've had their some sort of token that's defi index token, I think, right? Where they're like, how is it similar or how is it different from paid? Yeah, like so from a protocol perspective, there are definitely like some similarities. Since the set protocol is also sort of a basket, making protocol in that sense. And I think one of the things that we are trying to achieve here like from a community perspective is one, not limit necessarily the scope to baskets. So like that's one thing. We have been starting by making those allocations. And it's been working out well for us, but we're also more a lot more interested in other type of tokenized portfolio. Either that being single asset or even sort of more complex things like options portfolios or or whatnot. Can we build different type of sounds, which perform different kind of things. But in Tao. And from my understanding, that's one key difference that is really the sort of put in these two things apart. They made up like a protocol, which is open for everyone to use. But they don't have that vision necessarily. They are trying to be more about like a BlackRock of crypto if that makes sense, which is very large indexes. Not super maybe innovative, just because of the nature of the syntax. So there is a difference in there. I also think like a BlackRock is great but like it also pretty evil. So hopefully we are not going there with crypto. So what are the different components of pi dollars? So maybe just kind of break things up a little bit here so you get the Dow and then there's a smart pools, the vaults and then the oven and I think there's probably some other components. So can you kind of like break this down? If you were to the pie dough website, there's a great chart there of all the different components kind of working together. And I wonder, it's kind of hard to do this with other visual, but maybe kind of explain how all these components work together. And who are the different participants involved?.
"alessio" Discussed on Epicenter
"Alessio, thanks for joining us today. I said last year, hi, Brian, thanks for having me. Thanks for joining us. Are you using us as safe? Does the user say? We actually do. Yeah, we do have a bunch of different types, like right now by user combination of an argon Dao together with a couple of different types. For managing ops and also some treasury operations. So in a great product. Shout out to 700 team. Yeah, I say you're also using Aragon and I wanted to ask you about how I have never used that product, but I've always been like really interested in a just from a product perspective and I'm curious how easy it is to like manage a Dao with Aragon. Maybe something this is something we can talk about later. But first, tell us a bit about your background and how you got involved in crypto. Yeah, of course. Well, I'd be not developer most of my life. Soft stuffed engineer started in web two. I've been involved in a variety of different to what two startups like from advertising logistics and a couple of other things. And then eventually stumbled into crypto while I was working on a mesh networking project, actually pretty early, like at least I read the paper of Bitcoin, I think it was 2013 and I was tweeting about it a little bit. But never got into the building until at some point in 2017. So since then, I've been really focusing on building different things mostly retail or enter products from wallet solution and payment professors and eventually cut into 3D development. And then I ended up building python. What attracted you to crypto and then what was sort of, you know, like, why pie dough, like where I start that? I think that's a great question. I think besides having well, like a little bit of against authority, like and a bunch of other things. Which are definitely relatable to a lot of people. I got into that too much, but it's definitely a component. Most recently, well, most importantly, like, along the way, I kind of realized a massive wealth distribution was happening within the crypto space by conduct was potentially like a one life changing opportunity not only for myself, but for maybe the vast majority of people, like we are in the business right now of creating a new economy effectively, like we can impact potentially billions of people. And I always thought, okay, what if this time is different, right? What has gone up and having this kind of global perspective like and then when everybody joins I think it's going to be different. And I think they are. I've been, you know, for years working in other Internet communities, like, even in the gaming community, and see 11 years old being like ten 20 X times better than anybody else, like doing what they do, right? And those are pretty complex systems. So what happens when you open the gate? Can everybody can build whatever they want. So I think that that's extremely fascinating. And building all that idea, we eventually ended up with part of an existing community like which was around thinking how can we facilitate the process how can we boost accessibility and most important focus on wealth creation for everyone and more importantly automated wealth creation. So you say if you guys ended up or you ended up with like a community, you know, did you sort of like develop Jewish idea of pi doll and then community forum or was it sort of like a community first studying came up with this vision or can you tell us the genesis? So definitely the community form. So there was at the very beginning what compound V one came out, right? There was like a little bit of a community encrypt Twitter trying to figure out how much you can push this passive income mean forward. How much can you end up paying with those interests from compound and other sorts of different protocols? Eventually, that formed into a telegram group, which was called er Dao, which was initially arbitraging between the 5 interest rate through a smaller tau, but basically manually through the doll. Like then, eventually, some protocol came out into a yield optimizer and I defined and all these kind of things, right? But then as we have been working on that from that smaller data, which was called earned eventually a subset of those people started thinking, okay, what's really missing in the space right now? And we started thinking in terms of what if we create an asset allocation now? A group of people which is strongly focused on fine different asset allocation, which are trying to answer different things. And the sign basically took a nice portfolio to some degree, which have different benefit from different people. And that's how it all started. That eventually came out into a photo post. Which are great, yeah, I look like one year ago. I think one week ago, at this point, so we are rapidly considered the birthday as well. And that felt quite all started..
"alessio" Discussed on News 96.5 WDBO
"Alessio Chou is already That's all that got me. Man. Anything. You okay? I mean, I don't know. Okay? Well, I've been everywhere and Steel said Yeah. I don't know. I'm not coming out there now might make Eyes at any second. So is it any good? Get it. Get it. Don't thank me. No, no, I get it. Don't think I'm in either allow Hello? Marijuana Handra Oh, Camillo. Tattoo will exit does no one they say sponsor a single What else Here. Manana. Lo belittle. Consider telling Enrique Iglesias, Ricky Martin Ben Dental Principal Akala Palabra replicas parakeet with US, Ghana. Via one of the loonies Severe means live on today. Timpano. Happy baby Llama. Jonah Travis, Villanova Exitos. No entices Want to Cinco la Casa de Coco? We started dating. I got back together. Where? No called banana Seiko. Hey, can I get back? Damn it Dying or you get the go. No, no, no, no, no, no Back up. 11 una exit wound a single Let us.
"alessio" Discussed on Nighttime Conversations With Steve and Freja
"Remain in a state of love versus a state of fear or anxiety or one of these other lower level non appreciative states. If you can remain in a state of love which is kind of the opposite of anxiety than your relationship will be harmonious happy and you'll be a happy person so like it's that simple. Oh total it. It really is simple not necessarily easy no at times but it is simple yet. It is able because the well. You can't be tense and relaxed the same time. If you're anxious and you ask yourself. Why does do they always do that. You're anxious brain is gonna give you some really nasty answers. Yeah yeah but it's it's a. It's a false question because they're not always. They don't always do that. So does anxiety go away no no. I'm i'm certain that there's going to be times for people where they just. They will make something up and go let feels like alessio is really bad and oh and then start to feel a little afraid but when. They know that they're doing that. They're actually doing that. It's not happening to them from somewhere out in the universe. They're actually doing that. Then they can do something different as opposed like oh well. You know that vacation. Oh she's like lane in that sand. My degree that warm water that warm blue water flowing over my skin with that nice Just the perfect temperature son. That's going to start. You know okay. Who can be anxious experiencing so go back to that. So if i was experiencing. Yeah if i was experiencing anxiety in my life flaring up really really intensely and i'm noticing the side effects of anxiety some noticing. My has gone up my skin's getting bad i can't sleep. I'm starting to have that panic attack. Feeling maybe on the edge maybe not full blown panic attacks like that you starting to brees differently and things are just happening. And you're like. I know this is anxiety. What could i do now to start feeling better everyday. Okay good question. There's there's a couple of things with my clients. I teach themselves hypnosis and another generalization about things. I'll use about Hypnosis is that it's a deep state of relaxation. No some of my colleagues are gonna go. No it's not all of the time granted. This is a generalization for a specific reason. Is that when you have the ability when you learn how to relax your body deeply and you can learn it quickly. You can learn how to do this quickly but when you learn how to relax your body deeply..
"alessio" Discussed on News 96.5 WDBO
"Gonna leave that he's about to marry. Does Eunice Alessio too? He says he didn't need you Hyundai better but coming down to rest our mascot. This coolly? Yeah, honey. Have you ever thought of doing We'll get more. You let me know when, but it's better factory, you know, maybe get up..
"alessio" Discussed on WBZ NewsRadio 1030
"TV's Dr Mallika Marshall says it could help to preserve medical resource is during the pandemic. We still expect to see covert around and we might get it. Surge in Kobe cases which will threatened to overburden once again our hospitals, our ers are urgent care center. The deadline for all students to get the shot is December 31st Madison Rogers W. B Z Boston's NewsRadio. There's a new study this week out of mass general focusing on kids and their ability to spread Cove in 19 General Hospital Doctor Alessio Fasano says kids without symptoms could carry a high amount of the virus. Supposing a risk really makes us to believe that not only there Art of this pandemics, but they are in this, you know, summer parts of the iceberg that is not visible. The study in the Journal of Pediatrics looked at nearly 200 kids, Dr Cassano says. Given this information, some precautions need to be taken. We don't want a third wave that involves the kids. And what we need do is to maintain physical distance to Ah, wear a mask and war sense. Relieved would be improving to be, you know, effective so far to keep this virus obey. And because the study finds many kids don't run a fever or have symptoms, it will make it harder to track the virus through things like thermal scanners to check temperatures. Ben Parker Easy. Boston's news radio president, Trump is urging all colleges and universities to avoid sending all their students home. If a few come down with Cove it CBS's David beg no has more on how schools are reacting to that You have some universities that are postponing in person learning. Others are canceling it all together and moving strictly toward virtual online learning. And then you have some universities that are actually punishing students for putting their peers at risk. In Connecticut, six Yukon football players now testing positive, so because of that you Khan says it is suspending all team activities. The football season was canceled earlier this month, but the team had been practicing other student athletes who came in contact with those infected now in quarantine. School, also evicting several students from on campus housing after they found out about a pact dorm room party in that party. No one was wearing a mask or social distancing. So so far at UConn, eight on campus students have tested positive for cocaine. 19, along with two staff and faculty to await, Let's get back to Bloomberg business. Here's andro Day. Wall Street indexes are up even is almost twice as many stocks fall as rise right now, the Dow gaming 14 NASDAQ up 80 hasn't be 500 up for indexes started the day lower across the board after the latest reading of new jobless claim filings through state programs unexpectedly rising back above a million to 1.1 million last week. Losses were cut after the conference board's monthly index of leading indicators show to greater than forecast increase of 1.4% trainers hope that for satellite recovery toward the end of the year and into next Tech heavyweights of his Apple and Tesla are climbing toward a record. Intel, the world's largest chip maker, is jumping on news. It's entering into accelerated agreements to buy back $10 billion of its shares and wrote a Bloomberg business on W. B z. Boston's news radio. The state.
Australia cyber attacks: PM Morrison warns of 'sophisticated' state hack
"Joining me today is Alessio Pessolano professor at King's College London an expert on Asian. Defense welcome back Alexia good to have you on the program. Let's begin with the story that we've had in the news headlines Today. This continued state based cyber attack on Australia. Good morning and not yes, quite, so what is remarkable is that. The Prime Minister himself and held a press conference in which he wanted to alert. Is the broader public in Australia. The general trends in terms of cyber attacks against the country's. Government and business institutions warm anti. We're becoming a much more sort of like Numa feature live and and these. Situations new normal was not necessarily just a matter of hackers trying to make a prank, but actually these were very sophisticated advance. state-sponsored. Cyber based. Activities, so this is quite a strong statement, and in a way it's sort of lifts a bail from something that that it was well known it was certainly understood to be the case I think the key point that he was trying to dress was to emphasize the fact that the normal Australia seems to be they are receiving. End were very sophisticated cyber offensive and end your opinion of the security services technical branches wars. This is unlikely to change in the foreseeable future, giving his launching these attacks. Yes, that was the other thing I was waiting for you question actually and to give a little bit of suspense and the the. He didn't mention it directly. But, sources familiar with Kay's from within the government confirmed to Australian media that. It was China that it was referring to and certainly walls. Notable attacks are Chinese. Certainly the point that was made if you want to between the informal chatting after the press conference ended in the press conference, Inter clearly portrays pick shot, and in which district in government is Beijing. There is very worried that China's attacks are increasingly number, sophistication and Daddy. This is unlikely to go away in something that Australians need to use nets ends. Let's move onto to another story, which is unlikely to go away anytime soon. Which is the origins of the COVID nineteen outbreak? We had claims that The original outbreak came from a wet mock in Wuhan. Now we have the latest outbreak in Beijing and fingers are being pointed once again at wet markets. Absolutely so, what is interesting about it? Is that the second time, but because it's opening in Beijing and it's the capital in Jinping and the the the sort of like the. The public information machinery in in China had been very keen to identify as it had been indeed the case for most of the cases over the last couple of months that these were imported cases, and if you remember the beginning of the outbreak in Beijing, things were pointed to woods this sound. The dead seemingly had been imported. From Europe. So was not just sort of individuals coming from your rooms, believe in food, come from Europe was responsible whole for otherwise would have been an impeccable solution found the problem. Now where we understand now is that and that is probably not necessarily the case there is increasing downs and immunologists in. In in China looking at the case, suggesting vantage original samples of devised the found on this chopping board. In reality where passed on by by individuals and what they couldn't really quite understand is how or the southern you find yourself in the middle of over significant crisis and data the moment. This is really the important piece of news that came out Lusk. Day You sir is that the conditions of the markets particularly the fact that they are kept at low temperature, high conditions of humidity very much impression to have been. Important contributing factors. In the way, in which if you want and this second wave, the one in Beijing spread out there, so the conditions are certainly becoming clear on as to why became a police over second outbreak? If you want him, why connected to wet knock? Less clear is whether the origin actually is. In boarded as he were. This article that you've been focusing on comes from the Straits, times in Singapore. There is at emphasis now that. Not, just what is happening elsewhere, but what lessons can be learned from elsewhere to protect the rest of the world. Absolutely right now Singapore is reopening for business, so and the enduring these easing of the restrictions as restaurants. And shops are all being reopened and as a result. Is. Clear attention in trying to understand what exactly is. That is going on, Ebay
News in Brief 26 June 2019
"This is the news in brief from the United Nations, the drowning of father and his toddler daughter in the Rio Grande is a heartbreaking, and preventable tragedy that countries should do all in their power to prevent happening in the future, the head of the UN refugee agency, UNHCR said on Wednesday, Philippa grandees comments about Oscar Ramirez, and his twenty three month old daughter, Valeria, followed the publication of a photograph showing them lying face down in the shallows of the river, that separates Mexico from the United States. They had come from El Salvador, and according to reports were carried away by strong currents in the fast flowing river on Sunday. In a statement, High Commissioner Grandy said that their deaths represented a failure to address the violence and desperation that pushes people to take dangerous journeys in search of a life of safety and dignity, a lack of safe pathways for migrants forces them to risk their lives. He said before adding that UNHCR has suggested ways that the United States can improve and strength. And processing of asylum seekers including conditions in detention calling once more for an international criminal probe into the murder of Saudi journalist Jamal Khashoggi, special reporter, and yes, Calamar told members of the global community, the United Nations included that they should do more to protect human rights defenders and dissidents, presenting her report into the Saudi dissident's killing last October. In an stumble, the UN appointed independent rights expert told the Human Rights Council in Geneva, that there was credible evidence, supporting an additional investigation into the ball of high officials in the kingdom, including crown prince Mohammad bin Salman, the evidence gathered by inquiry suggest that the killing of Mr. cash Shoghi constituted, an extra judicial 'execution and enforced disappearance and possibly an act of torture, for which the state of the kingdom of Saudi Arabia is responsible. There are numero series as to the sickle stances of Mr. cashew is dead. Breath, but known leads other than to the responsibility of the state highlighting that Mr. castle. Jeez. Premeditated execution reflected, an increasing global phenomenon these special reporter insisted that if the international community ignored this, fundamental rights abuse. It risked threatening all other human rights perogatives in response to her claims. Abdelaziz Alessio Saudi Arabia's ambassador to the UN in Geneva said that she had not acted within the terms of her mandate, and neither Hatschi carried out her work professionally, and finally opioids which include both heroin and legal pain relievers were responsible for around two thirds of drug related deaths in two thousand seventeen and new U N report showed on Wednesday, the number of global opioid users contained within the world drug report. Some five hundred eighty five thousand people is more than double the previous estimate the study from the UN office on drugs and crime or unco DC also shows. Is that the negative health consequences associated with drugs? I'm more severe and widespread than previously thought with around thirty five million people. Suffering from drug use disorders and requiring treatment services of eleven million people who injected drugs in two thousand seventeen one point four million live with HIV and five point six million have hepatitis C. The overall figure for drug use in two thousand seventeen is an estimated two hundred seventy one million people. That's thirty percent higher than in two thousand and nine. This is partly attributed to a ten percent increase in the global population age fifteen to sixty four but also increased opioid use in Africa Asia Europe and North America as well as high cannabis consumption in north and South America and Asia, the manufacturer of cocaine reached an all time high in two thousand seventeen with an estimated production of two thousand tonnes in two thousand seventeen up by a quarter on the previous year at the same time. Seizures of cocaine rose thirty percent to one. Thousand two hundred seventy five tonnes another record figure. Daniel Johnson, U N news.