Know Your Validator: Stakewolle

Since Fetch.ai is a Proof-of-Stake blockchain network, the essential task of maintaining the whole system and guaranteeing its security is entrusted into the “hands” of its validators. Additionally, validators are trusted with delegations by FET stakers of all sizes, which practically translates into increasing their voting power and, by extension, their influence over the network. Consequently, they become the keepers of the fragile balance between accumulating power while also, for the health of the chain, striving to make it as decentralized as possible.

Unfortunately, these custodians of the protocol are usually shrouded in secrecy, and users often find it challenging to make an informed choice of whom to delegate their funds. In an attempt to remedy that and to create a space for Fetch validators to talk directly with our community, we initiated the Know Your Validator campaign.

Now, almost two years later, we are boosting transparency even further. We are launching a series of blog posts, each dedicated to one of our validating partners, so as to help you know them better.

Three pieces from the series are already out — our interviews with Blockscope.net, Posthuman.Digital and Staking Land.

Below is the fourth one featuring the Stakewolle team. Enjoy!

Q: In a couple of sentences, introduce yourself and/or your organization and tell us where you are based.

Stakewolle: We are Stakewolle — a professional validator service provider, based in Georgia.

Q: What got you into the Web3/crypto space, and how long have you been in it?

Stakewolle: We have been interested in blockchain technology since its early days, and have been actively involved in the Web3/crypto space for over 2 years.

Q: Tell us your story about how and when you became a validator on the Fetch.ai Network. How did you first hear about Fetch.ai?

Stakewolle: Stakewolle has been a validator for two years, but our team members are longtime crypto professionals.

We first heard about Fetch.ai from one of our partners, a data scientist. He highlighted that the Fetch team was doing a great job combining AI and blockchain. We did some research and were impressed by the team’s vision and the network’s potential. Thus, we decided to become a validator on the Fetch.ai network to contribute to its growth and development.

Q: Have you participated in Fetch testnets?

Stakewolle: No, we have not participated in Fetch testnets, but we plan to do it to gain valuable experience in the process.

Q: What commission do you offer FET holders as a delegation incentive?

Stakewolle: We offer a commission of 5% to FET holders as a delegation incentive.

Q: Have you participated in governance discussions and voted on any of the governance proposals?

Stakewolle: Yes, we have actively participated in governance discussions and have voted on all governance proposals. We also express our opinions on social media.

Q: Are you running (or planning to run) any ecosystem features such as seed nodes, client RPC endpoints, block explorers, or a DApp?

Stakewolle: Yes, we plan to do that.

Q: Please describe your involvement as a validator or in any other development work in the overall Web3 ecosystem.

Stakewolle: As a professional validator service provider, we are actively involved in several networks, including Fetch.ai. We have experience in running, maintaining, and securing nodes, as well as participating in governance discussions.

We have also created a Telegram Status bot that helps you monitor your validators on jail and inactivation.

Q: Which is your favorite DApp and why?

Stakewolle: This is a really difficult question because there are too many useful projects which we already use daily, like Uniswap, Osmosis, Axelar bridges. We also love some of the Fetch.ai projects like Mettalex. Our team has experience working in a resource company, and we see huge potential in commodities in the crypto industry.

However, in general, the best technology right now is cross-chain bridges because they help us transfer assets in different ecosystems and use their DApps. IBC is a great solution since it has built-in bridges. So, a developer wouldn’t need to spend time on developing a bridge, they can rather focus on the main goal of their blockchain.

Q: What are your plans for the coming 5 years?

Stakewolle: In the coming 5 years, we plan to continue to be actively involved in the Web3 ecosystem, and to contribute to the growth and development of the networks we support. We also plan to expand our services to include new features and offerings to our clients.

We are about to launch an on-chain gamification platform that will support a number of blockchains in the Cosmos ecosystem. Not only that, but we also plan to create an IDO platform for Cosmos projects.

Moreover, right now it is more profitable to have stablecoin assets pegged to USD than to hold real US dollars. We want to help crypto users gain profits out of this situation, so we plan on establishing our own neo-bank.

Q: Is there something you would like to share with our community?

Stakewolle: We would like to remind the community that as a validator, our priority is to ensure the security and stability of the network, and we are committed to providing a high-quality service to our delegators.

Q: How can our community members reach out and contact you? Please share your website and/or social media profiles.

Stakewolle: You can reach out to us by visiting our website, emailing us, or writing on any social media channel.