Ilya Orlov aka Underkong, CEO and founder of FireMarket AI, joins us on Colors of Web3 and Entrepreneurship to discuss his journey from Web2 startups to his pivotal role in building FileMarket AI. Ilya's journey began with a web2 startup and a fascination with Bitcoin's potential. This led him to explore the world of Web3, eventually founding FileMarket, an innovative platform that leverages blockchain technology to ethically collect and label data for AI development. Ilya's passion for technology and his belief in the power of human-in-the-loop systems drive his mission to empower users and provide AI companies with high-quality datasets. ⌛ Timestamps: 00:00:00 Episode Intro 00:00:34 Show intro and Ilya's quick intro 00:02:05 Ilya's professional background 00:03:47 Ilya's First Web2 Startup and his transition to Web3 00:08:34 Discovering Bitcoin Through the Darknet 00:10:52 Life in Kathmandu and Hobbies 00:15:42 Strong momentum for FileMarket AI 00:16:45 Deep Dive into FileMarket AI 00:20:20 User Flow and Marketing Strategies 00:24:20 The Ethics of User Data and FileMarket's Approach 00:26:01 Addressing the Need for Private Data in AI Training 00:29:34 Surprising Use Cases for AI Data: Palm Pictures, Voice Recordings 00:33:05 AI data annotation needs to be multi-chain and fun aside about the name "Ilya" 00:35:04 The Techstars Accelerator Experience 00:39:58 His team experience about finding product-market fit in Web3 00:45:05 The team behind FileMarket AI 00:49:25 Discussion about AI agents 00:53:30 Challenges faced by Ilya's team 00:57:50 FileMarket’s B2B2C Business Model 01:01:20 The future intersection of Web3 and AI according to Ilya 01:08:50 Advice for aspiring Web3 entrepreneurs 01:11:48 Where to follow Filemarket and Ilya 01:12:52 Episode outro and next episode preview Follow Ilya and his company: Filemarket AI website: https://filemarket.ai/ Ilya's Twitter/X: https://x.com/UnderKong My social media: Twitter/X: ⁠https://www.twitter.com/LamWeb3⁠ LinkedIn: ⁠https://www.linkedin.com/in/lamweb3/⁠ Website: ⁠https://lamtrinh.xyz⁠ My old article about the 2-3 prevailing narratives of 2024-2025: https://substack.com/home/post/p-143541984 If you enjoy this episode, please subscribe to stay updated on our upcoming episodes with industry experts and innovators in the Web3 and Entrepreneurship spaces. Thank you for listening!