Forbole #5 – BUIDL Seoul 2018

Not a typo. We believe that “BUIDL” will be recognized in Oxford Dictionary, sooner or later. We are excited to join this amazing BUIDL Seoul 2018 organized by KryptoSeoul. Special thanks to Lunamint for inviting us!

BUIDL Seoul Forbole

Korea is a Cosmos-friendly country. We have heard that there are over 10 Cosmos validators in Korea, which I guess is more than the entire Greater China Region. We are glad to be an early team in Hong Kong to join Cosmos community. We look forward to seeing more Cosmonauts in Hong Kong.

BUIDL Seoul Jae Kwon
Jae Kwon, Co-Founder of Cosmos, is talking about rearchitecting the blockchain ecosystem
BUIDL Seoul 03 Harriet Cao
Harriet Cao, Co-Founder of IRIS Network, on the topic “Interchain Service Infrastructure and Protocol for Building NextGen Application Blockchains”
BUIDL Seoul 04 Awa Sun Yin
Awa Sun Yin, Co-Founder of Cryptium Labs, on “Variants of PoS Networks and the Importance of Building a Strong and Engaged Community”

Just like our trip to Global Blockchain Summit in Shanghai two months ago, in Seoul we finally met some comrades, the fellow Cosmonauts we have known for nearly a year. They included Aurel of Dokia Capital, Martin and Henrik of, JayB and David of, Dongsam of B Harvest, Nodebreaker, etc.

Cosmos is such an amazing community that a group of seemingly strangers are working towards a same goal spontaneously. During the second day of the event, we know about the launching of gaia-9002 and hence we started to move and work on that:

BUIDL Seoul 09 Lunamint
Lunamint team
Aurel, Martin and Kafka (Lunamint)
Martin, Henrik and Kwun
Josh (Lunamint) and Kwun
Erica Kang, Founder and CEO of KryptoSeoul
Jae is sharing his journey with us
BUIDL Seoul 06 Lunamint
Peter Yoon, Co-Founder of Lunamint, is presenting their amazing Project Telemint, which is a messenger and payment application built on Cosmos SDK.

The after party was amazing in the sense that we have shown how gaia-9002 was running, live! (Glad to see Big Dipper was useful).

BUIDL Seoul 11 Gaia-9002
Josh is introducing the validators by showcasing their status on Gaia-9002 through Big Dipper.

We met some old friends…

BUIDL Seoul Cosmonauts

… and new friends

BUIDL Seoul Kakao


Seoul Gelato and the Hyperbolic Time Chamber of Cosmos

This was 4pm Nov 30 2018, Seoul time. After fixing Big Dipper for the late live show that night, Kwun and me (Terence) of Forbole, secretly walked out of Le Méridien Seoul, the base of BUIDL Seoul for another mission – searching for gelato.

Kwun on Big Dipper and Gaia-9002
Kwun on Big Dipper and Gaia-9002

But we are spotted by Kafka of Lunamint, one of the most active validators of Cosmos, a sponsor of BUIDL Seoul and a guardian angel for Cosmonauts.

“Where are you going?” Kafka asked.

“Urrrr…” I stammered.

“We are going to have ice cream.” Kwun saved me as always.

“See you guys soon!” Kafka replied.

We disguised him successfully. Ice cream is NOT gelato. We arrived at our target gelato shop and spent an hour there.Seoul Gelato

And this has made all the difference – for that the Gaia-9002 testnet is the Hyperbolic Time Chamber in Cosmos.

Hyperbolic Time Chamber 00
Hyperbolic Time Chamber

In the chamber, the inflation rate of Atoms is 1,000X of the normal level. An hour in the chamber is equivalent to almost a year outside. This is an amazing place for training Cosmonauts to fight in the upcoming Game of Stakes.

Missing some hours in the chamber does matter:

We need to transform to Super Cosmonauts. It’s time to enter the chamber again.

Cosmos is such an amazing community that a group of crazy strangers working together for the same initiative. Bugs and haters are everywhere, and they cannot stop us. Thanks to the amazing Cosmonauts.

20180320 BNI 1

Forbole helps BNI members to do better referrals

(中文版本看此) Our co-founder Kwun Yeung has presented our minimum viable product on weekly BNI meeting.

20180320 BNI 2

In fact, as a referral social network based on blockchain, one of our motivations is to help people to do better referrals. Let’s start with our name Forbole, which is a portmanteau of English “for” and Chinese “Bó Lè” (“伯樂”). Bó Lè was the legendary inventor of equine physiognomy, which is a technique to “judge a horse’s qualities from appearance”. In Modern Standard Chinese, Bó Lè figuratively means “good judge of (especially hidden) talent” (

I am a beneficiary of the power of referral. I always want to do better referrals for others, no matter this is a sales lead or a career opportunity.

I am a true believer in “Givers Gain” mindset, which is coined by Dr. Ivan Misner, the founder of a famous business networking organization BNI. After over 30 years of expansion, BNI is now an organization with over 220,000 members in 70+ regions worldwide. In fact, I have known about BNI and Givers Gain since I started my digital marketing business in 2009, as my partner Kwun Yeung has been a BNI member since that time. I have also tried to start a new BNI chapter in 2015 in Qianhai, Shenzhen.

One of the most amazing parts of BNI is its well designed and structured agenda in their weekly meeting (yeah, the famous 7am weekly breakfast meeting). One of the sections is for members to announce their endorsements, recommendations and business referrals for other members. Due to our own experience in BNI, we would like to improve this section and help BNI members to do better by recording all these contributions made by members on our blockchain.

We have observed for years. People tend to focus more on the number of referrals, not the quality of referrals. This mindset will ruin the intention of why we need a referral networking environment in the first place. From time to time, people won’t care about the conversion of the referrals they have made. Low quality referrals are killing the members’ business by wasting their time, which is nonrenewable.

Not to mention there are people using Givers Gain as a sword to blame others. Some even abuse this concept and seek free services or other benefits from members who really care about Givers Gain.

While Forbole is not exclusive for BNI members, we believe we provide some extra values for BNI members to perform better:

  • Forbole will calculate a “contribution score” for individual user based on his/her overall contributions (those endorsements, recommendations and referrals made for other members). This provides a higher visibility of how people are doing referrals: members really need to provide high quality referral for others that can convert, instead of a mere contact method which is not much better than a cold call.
  • Forbole helps non-BNI members to understand better the power of BNI and hence have more interest to visit or even join BNI.
  • Forbole helps existing BNI members to get back in touch with ex-BNI members and guests (the non-members who have visited BNI meetings as guests).
  • Forbole helps existing BNI members to explore a wider and deeper “friends of member” relationship.

We hope that Forbole can help more people to practice and strengthen the Givers Gain mindset. We also aim to help BNI members to acquire more suitable members to their BNI chapters.