Patrick Beggs retweetledi
Patrick Beggs
1K posts
Patrick Beggs retweetledi
I genuinely don’t care about the current price of $IAG right now.
People still don’t fully understand the enterprise side of this model.
With just one or two real enterprise clients, the demand for storage and infrastructure could force large amounts of $IAG to be purchased, which could easily translate into a massive candle.
We already built a platform that connects with Iagon infrastructure.
That’s why, honestly, price is the least important thing to me right now.
What actually concerns me is panic and unnecessary narratives damaging confidence, because situations like this can indirectly affect Iagon’s future revenues and adoption (of retails buying) if people overreact emotionally.
That’s exactly why I keep educating.
Because fundamentally… nothing has really changed. Mostly just social media noise.
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Patrick Beggs retweetledi
While most DePIN projects are focused on “yield,” nodes, and hype… some are building something far more dangerous: real infrastructure for enterprises and governments.
After analyzing practically the entire DePIN sector:
• @Filecoin → dominates size and narrative
• @ArweaveEco → incredible technology
• @helium → real telecom adoption
• @storj → very solid enterprise model
But when it comes to serious compliance… honestly @IagonOfficial is in a different conversation.
GDPR.
HIPAA (In progress with Puerto Rico)
Encrypted storage.
Hybrid infrastructure.
Enterprise architecture.
AI + sensitive data.
Most of the market still doesn’t understand how difficult it is to sell infrastructure to:
hospitals
pharmaceutical companies
insurers
governments
You don’t just spin up nodes and magically get enterprise clients.
Compliance literally defines who is allowed to touch the data… and who isn’t.
That’s where I believe many people are massively underestimating Iagon.
Remember, I’ve spent the last 7 years carefully studying and integrating the connection between Web2 and Web3 😉
There’s a reason we chose Iagon.
Not financial advice. Just my fundamental analysis.
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Patrick Beggs retweetledi
I guess this message is needed because I understand why some people are emotional right now. When someone with influence attacks a project, some panic and the current chart makes it look far worse than the underlying reality.
But Charles does not build Iagon. Charles does not control our enterprise pipeline. Charles does not control our revenue strategy. Charles does not control whether we ship, commercialize or deliver royalties to stakers - That responsibility is on us.
Our target market is not dependent on Cardano retail sentiment. We are focused on Web2, enterprise adoption, storage, compute, compliance and real commercial use cases. The Würth work is one example of that direction.
So people need to decide what they believe in - a temporary public argument or the fundamentals of what @IagonOfficial is building.
If holders let fear define the project, then yes, people with influence can damage any builder with a few posts. But if the community looks at execution, revenue, partnerships, product delivery and long-term adoption, then outside noise does not decide our future.
I cannot tell anyone what to do. Everyone has to make their own decision. But I can say this clearly - the team is still here, the work is still happening, announcements will come when ready and the best response to this situation is EXECUTION $IAG
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The quick exits from scared money is the perfect buying opportunity
Slow drains are never ending, with zero momentum, sentiment goes down
I prefer these quick wicks down to buy
It’s not a perfect scenario but why would it ever be with a wick to the downside
$iag 🧑🚀💽
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@IOHK_Charles @IOHK_Charles can you answer these two questions.
Why did blockfrost use filecoin over @IagonOfficial? When Iagon is apart of the Cardano ecosystem.
Also, What is wrong with patents?
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This is the exact point. The fact pattern is unambiguous and regardless of how many bag holding trolls materialize over X, it doesn't change.
Iagon voted no on IOG proposals out of spite and anger over filecoin on blockfrost, they then started publicly shaming volunteer ambassadors to prevent them from voting.
Pete hit the nail on the head. This behavior means someone has to actively leave governance if they like a project or help out. It's a sick and twisted double standard and I'll never tolerate it.
I don't care what hits come my way or if it's popular. People should never be punished for being an ambassador or liking a project. The people who bully and harass ambassadors are scum. I wouldn't expect any less from patent trolls.
Good riddance.
Pete | Beware of Scammers@astroboysoup
Hey Javier Just so you're aware. I feel like I'm in a position where I have to renounce all my ambassadorships and deregister as a DRep, be excluded from Catalyst or any future Treasury funds, to remain impartial and neutral in all debates. I prob shouldn't interview or talk to any projects either to remain neutral. So what Charles is doing by defending my ability to participate in the ecosystem is appreciated. I won't be too hasty and make a decision just yet. I'll give myself time to think it over, but the number of DMs, emails, and YouTube comments attacking me, calling me a scammer, paid shill that would sell my own mother, asking me to vote for this, to help them with that, or telling me not to vote for something is all getting to be too much. I came to Cardano for the tech and stayed for the people. But oh boy, the people at the moment are too much for me to handle. I do know this is all coming down to money. The price of ADA isn't helping. It brings out the worst in people, but I do hope it brings out the best, too. I'm going to go dark on X for a week and will be uncontactable. All my social posts are AI-generated, so if you see me post, it's all scheduled and automated.
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@IOHK_Charles Im excited about @IagonOfficial, I have been excited for the last two years about them, one of the best projects in Cardano
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Very excited about decentralized storage and infrastructure and I can't wait to see many great projects enter the Cardano ecosystem
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Patrick Beggs retweetledi
Your identity. Your data. Your security.
The next generation internet has to get this right.
@JasonSheman on stage at #TEAMZ with the builders making it happen. ⚡️🔐
@IagonOfficial @jockhaslam @garyliu @ReliqueGlobal
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Patrick Beggs retweetledi
We just performed the first Atomic Swap between Cardano and Bitcoin in Mainnet.
This means native BTC was traded for native ADA.
0.0001 $BTC swapped for 50 $ADA
Bitcoin is on Cardano 🧡 ↔ 💙
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Patrick Beggs retweetledi
Some people are going to hate @IagonOfficial for going to the community for funding. What some people don’t understand that $iag leverages Cardano DEFI infrastructure and provides community lenders rather generous APY. Cardano DEFI is a ghost town and Iagon is giving it life.
Iagon@IagonOfficial
Support Us In Advancing Iagon As Iagon enters our next phase of growth and seeks to scale awareness and accessibility to our products and ecosystem, we are looking to secure a loan of up to $1.5M (6 million $ADA) to support ongoing initiatives related to IP expansion, ecosystem infrastructure integrations, and Tier-1 neobank listing. The loan has been issued via @FluidTokens on the dedicated page - app.fluidtokens.com/ada/iag Key details: • Amount: up to $1.5M USD (6 million $ADA) • Interest: 4–7% APY • Term: 2 years • Collateral: IAG tokens from the team allocation • No community funds used. • No token dilution. 👉More details - app.fluidtokens.com/ada/iag 🧵1/5
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Patrick Beggs retweetledi
A new $IAG loan is live on FluidTokens 🌊
Up to $1.5M available across a 2-year loan facility, with APY ranging from 4% to 7% depending on participation size.
All loans are backed by $IAG sourced directly from team allocation, with liquidation only at maturity if unpaid.
It’s on Cardano, It’s on FluidTokens 👇
app.fluidtokens.com/ada/iag
Iagon@IagonOfficial
Support Us In Advancing Iagon As Iagon enters our next phase of growth and seeks to scale awareness and accessibility to our products and ecosystem, we are looking to secure a loan of up to $1.5M (6 million $ADA) to support ongoing initiatives related to IP expansion, ecosystem infrastructure integrations, and Tier-1 neobank listing. The loan has been issued via @FluidTokens on the dedicated page - app.fluidtokens.com/ada/iag Key details: • Amount: up to $1.5M USD (6 million $ADA) • Interest: 4–7% APY • Term: 2 years • Collateral: IAG tokens from the team allocation • No community funds used. • No token dilution. 👉More details - app.fluidtokens.com/ada/iag 🧵1/5
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Patrick Beggs retweetledi
Ecosystem infrastructure
Alongside these initiatives, Iagon is working on infrastructure integrations supporting the broader Cardano ecosystem.
This includes the ongoing Fireblocks integration for Cardano, enabling institutional infrastructure for:
• ADA custody
• Cardano Native Tokens (CNTs)
• native staking functionality
• on-chain governance participation
This integration is designed to support the broader Cardano ecosystem by enabling institutional infrastructure for Cardano assets within the Fireblocks platform.
The lower-interest tranche of the loan ($310k at 4% APY) is intended to provide an opportunity for ecosystem participants to support this work and demonstrate community backing for the infrastructure initiatives Iagon is helping deliver to the Cardano ecosystem.
**This does not imply that this is the cost for the integration.**
🧵4/5
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Patrick Beggs retweetledi
PSA announcement.
We will be allocating 50–55M $IAG tokens as collateral from the team token allocation wallet ($iagon.team).
• These tokens will be locked for up to 2 years.
• There will be no liquidation event associated with this loan, unless the loan is not repaid within the 2-year term.
More details to follow soon.
FluidTokens@FluidTokens
We will be offering a new type of loan for @IagonOfficial The collateral? $IAG directly from the source. More details soon 😤
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Patrick Beggs retweetledi
There is literally a video of @IOHK_Charles stating the PENTAD would reimburse @IagonOfficial 🤡
I'm going to take a not-so wild guess and state this is an ego problem from members of the PENTAD 👎
Fireblocks didn't want to engage with any of them, but were happy to engage with the #iagon team ✊
To the PENTAD, you're only as good as your word 🫡
GIF
Dr. Navjit Dhaliwal@NaVi_GaT0R
After around 4 months of back and forth with Pentad & Intersect. Pentad steering committee decided not to reimburse Iagon for the Fireblocks integration fee. @IntersectMBO recommend it to be approved but Pentad committee decided against. This integration is a necessary stop-gap solution in order to provide institutional custody solutions for Cardano. If it goes well, this will lead to native integration. This is the solution that was recommend by Fireblocks to show ARR. We also made steps early on to contact a host of dApps, market makers, capital funds, that could benefit from this solution to see what type of features they would like to see within the integration. We even invited CF's Global Head of Technical Integrations @michaeldotada to make sure the features were in alignment with the goals. Michiel also attended every meeting leading up to the commercial agreement with Fireblocks. This is Cardano wide integration, helps every CNT and at the same time provides $ADA native staking and voting features. It is worth noting that FB wanted to work with us on this stop-gap integration and not the pentad members. They had the option of working with others and choose not to. Prior to pentad formalizing, we were assured by many of their members that they would have no objection to this reimbursement. Our plan was to go to the treasury prior to their pentad proposal being proposed within the Cardano treasury. We waited because of these verbal assurances. @IagonOfficial will still continue this integration for Cardano and pay for the full fee. We don't plan to go to the treasury for a refund. We hope you like what we deliver. Excited for the end result!
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Patrick Beggs retweetledi
After around 4 months of back and forth with Pentad & Intersect. Pentad steering committee decided not to reimburse Iagon for the Fireblocks integration fee.
@IntersectMBO recommend it to be approved but Pentad committee decided against.
This integration is a necessary stop-gap solution in order to provide institutional custody solutions for Cardano. If it goes well, this will lead to native integration. This is the solution that was recommend by Fireblocks to show ARR.
We also made steps early on to contact a host of dApps, market makers, capital funds, that could benefit from this solution to see what type of features they would like to see within the integration.
We even invited CF's Global Head of Technical Integrations @michaeldotada to make sure the features were in alignment with the goals. Michiel also attended every meeting leading up to the commercial agreement with Fireblocks.
This is Cardano wide integration, helps every CNT and at the same time provides $ADA native staking and voting features.
It is worth noting that FB wanted to work with us on this stop-gap integration and not the pentad members. They had the option of working with others and choose not to. Prior to pentad formalizing, we were assured by many of their members that they would have no objection to this reimbursement. Our plan was to go to the treasury prior to their pentad proposal being proposed within the Cardano treasury. We waited because of these verbal assurances.
@IagonOfficial will still continue this integration for Cardano and pay for the full fee. We don't plan to go to the treasury for a refund. We hope you like what we deliver. Excited for the end result!
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Patrick Beggs retweetledi
AWS just learned the hard way:
A missile can take down a data center.
It can’t take down a decentralized network.
@IagonOfficial distributes storage across nodes worldwide. No single building. No single point of failure. No single target.
Centralization is a vulnerability.
Decentralization is the answer.
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Patrick Beggs retweetledi
There is distributed, and then there is centralized.
The Iagon network has multiple nodes in UAE, distributed, but no single entity controls them.
This is the definition of decentralization.
AWS is centralized.
Dr. Zayas, PharmD, BSc, CBCA@jan_zayas5
AWS just learned the hard way: A missile can take down a data center. It can’t take down a decentralized network. @IagonOfficial distributes storage across nodes worldwide. No single building. No single point of failure. No single target. Centralization is a vulnerability. Decentralization is the answer.
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No matter how many knocks you get in life , you can always get back up and push on .
WiseOwl CSC 🍀
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Patrick Beggs retweetledi
Patrick Beggs retweetledi