$ALTT
Heating UpSnapshot Window: 2026-07-24 09:20 UTC · ← Back to Crypto Overview
Social Momentum Summary
Total Engagement - Comments: 1, Retweets: 1, Likes: 4, Impressions: 862
Verbatim Community Citations & Social Evidence 1 source posts analyzed
As a user, what concerns me isn't how many features the platform has, but what will happen to my assets in a worst-case scenario. Hearing how @raagulanpathy answers the question that all @KASTxyz users have been asking, and explaining about custody through licensed entities, [Spoken audio]: What happens exactly to my money as a cast customer, if cast goes out of business, which will definitely impact my decision on keeping more money there or just using it to spend? Yeah, so the first thing is that we keep a lot of that money with licensed custodians as well, and so that provides some level of surety. We also are clarifying our bankruptcy remote structures, but I think the other thing that most crypto people especially want to know is whether you can have a self custodial or non-custodial option, which by the way, you kind of do already because we already use privy wallets for our wealth section. And so when you put money into earn, for example, it's actually non custodial, but now within the next couple of weeks, we're making it much clearer that you can actually have a non custodial money. So you can actually own the money yourself in the way that crypto people like to do it completely as well. Which means that if CAS goes out of business, you have access to your money. Exactly. It's still not the case, but it will be soon. It's the case for certain parts of the product already, but we're explaining it as an option to everyone. So today, if people are using EARN and CAS goes out of business. It's a non custodial, it sits on a non custodial wallet today, which we partnered with Previon, which is a well known, you know, provider of wallets and we're going to extend that now that look the downsides of this is which I just want to talk about for a Second is that it provides for a much more complex user interface right and this is why We designed it. It wasn't because we don't want to give you access to your money just to be abundantly clear The thing is is that traditionally in self-custodial wallets you deposit you have to accept We can accept lots of chains and multiple stable coins and you could move it out and you don't have to deal with gas You don't have to deal with swapping. You don't have to deal with bridging. It's very very simple. Right now as soon as you give Self custodial wallet you need to manage a lot of that stuff yourself, right? And so some people want to do that now my view is is that that is the 10% of people, right? But you know fair is fair We will give those people the option and if you want that's what you want to do or if it's required for regulatory reasons, you can do that and no problem with us.
