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America Fun Friday w/ America Fun AOL🇺🇸
Recorded: Dec. 12, 2025 Duration: 1:40:33Space Recording
Short Summary
America.fun is making waves in the crypto space with its unique USD1-focused launchpad, strategic partnerships, and innovative staking mechanisms. As the platform gears up for significant growth, the community is buzzing with excitement over upcoming token launches and the potential for high yields.
Full Transcription
Thank you. Thank you. um can you guys hear music whenever it plays music in the beginning because i would let these things start way longer if it just played the music but i was never sure what's up berlin
hey ogle yeah i can hear you good can you hear me yeah i hear you sorry about that i just had a
little bit of a technical issue for a second but we should be good now no dude you're good um
just gonna shout out berlin waifu king brandu rayman I see actually
tons of America fun people on here too which is awesome um they come to each of the other spaces
so yeah I'm so excited about this you guys dropped some big news so um I know you and I talked was it
two months ago two two maybe three months ago um yeah and i've been ever since that i've been farming the
out of points but i i i have a problem because i buy tokens the usd1 tokens on on aol america fun
but i don't sell them but i know that i could kind of wash it and make points and and play the game
but i've just been doing buy side i haven't't been doing selling yet. So look, any, any kind of support we appreciate, whether you buy or you don't buy, or you sell,
or you do anything like that.
We, we appreciate it.
And, and, uh, as you know, we are, we are still keeping track of everything.
You can't see the points that you have yet, but they are being tracked.
So, um, you know, once you can see them, I think people are going to, it's going to
get a little bit, you know, people are going to heat up a little bit more, but, um, you know, right now it actually gonna get a little bit, people are gonna heat up a little bit more. But, you know, right now,
it actually counts for a little bit more.
So, that's why I told you, like,
so when we first talked, you know I'm a sucker
for points programs, right?
Like, I just, I feel like it's like a,
you can trade, but then it's kind of just farming
on the side and then you get like an extra bonus
that you didn't even know about later on.
So I'm so excited about it.
Good deal, man. Well, let's, I mean, i'm gonna make this all about you and you have some big updates and
i want you just to kind of handle the flow of it and i'll probably just ask you some questions or
comments but i i'm pretty sure everyone by now knows who america fun is but anyone who doesn't
do you want to just give like a high level overview and then we'll dive into like some of
the cool that you've been been working on since we spoke last?
Yeah, for sure. Yeah. So super, super short, super high level.
America.fun is is the first and only truly purely USD one focused launchpad in slot.
So there are a couple of others now that that do allow you to
do pairs against USD one. But we're the only one that that's the entire focus. So my background is
in crypto for 13 years now, just about 13 years, like in a couple weeks. And I've done a lot of a
lot of different stuff over that time. And a lot of it was around the security side of things.
And so world Liberty finance, uh, tapped me about a year ago, year and a half ago to,
um, to be an advisor for them, uh, on the security side of things for world Liberty.
And as everyone knows, probably world Liberty five is, uh, you know, the people who put
out USD one.
And so to that end, um, you know, I felt like I really believe in what they're doing.
I think that bringing a zillion people on chain and giving them a good place to do different things is exactly like what we need right now.
I mean, a lot of people have tried it, but I think only, you know, a subset of people could actually affect that change.
And I think World Liberty is one of them. And I think USD one is the is a stable that you know that people should be
and will be moving over toward. And so with that in mind, we decided to make America.fund, which is
focused entirely on expanding that ecosystem. The America.fund platform itself, the difference
is, is there are a lot of differences, you know, I have to say, from other from other places,
but the number one biggest difference, I would say,
is the user experience is meant to be significantly better
than you get in other places.
And so what I mean by that is we have what we call the one-ticker solution,
so you can only have one ticker of the same kind.
Now, we've had a couple of companies copy us after that.
For example, 4Meme did after I had a conversation with Binance and Oncom,
funny enough.
So I realized I shouldn't have quite so open conversations with companies anymore.
Which means it was a really good idea, Ogle.
I wish they'd said the same, but no one said a word.
Now I just see it pop up.
But we have the one-ticker solution.
We have, via one of our announcements, we just made one of our partnerships.
We're going to have a lot of anti-sniping capabilities.
We have the ability to, like the UX itself is permission.
So it's a permissionless launchpad soon.
Right now it's just curated,
but soon it'll be permissionless.
But we will have a permissioned front end,
which means that even if someone launches,
you know, like a slur word token on our platform, you're never going
to see that or you won't see it for long on the front page of the website, right? We're going to
make sure it's cleaner, it's clearer. And it's a little more of a, you know, a little bit more
curated of an experience than what you get in some other areas. And of course, some people like that,
some people don't like that. But I think that's exactly why there's space here. You know want to have a completely degenerate experience and they want to have a 0.04% chance of doing well, then that's great.
They should go to PumpFun.
I was looking at that.
So on that topic, when PumpFun released their streaming and some of the things people were doing when that first came out, it it was like holy shit like how is this still active and not just taken down right and i get that the
decentralization nature of it but it's like there's like retarded and then there's just like
being a total retard like there's a difference yeah and actually i think there's some liability
there man like i mean i think there's actually you know you're running into some real issues i
don't know if pump fund has yet.
I don't really keep up with them on the legal side of things, but you know,
you could,
you could imagine a world where you've got a live stream on your website that
you really don't want to be there, you know? And, and, but,
but then if you take a screenshot, it's pump.fun slash blah, blah, blah, blah,
blah. And then you have some, some, some really gnarly mess down there.
And that just to me seems like just, it's not a smart play, you know, in general.
And so we're trying to just make it cleaner if we possibly can.
Yeah.
I saw Donnie Trump Jr. tweeted about USD1 today.
So that's like, I have so much conviction in USD1, right?
And I guess you guys being the de facto USD1 kind of launchpad experience is really cool.
And just seeing more and more people want to gravitate and migrate to USD one in general. You can't think that the Trump family
who's backing it isn't going to be heavy and trying to, I mean, crime in a good way, not crime in a
bad way, but like push USD one, because people get into the crypto space and they get so they get
burned, right? They buy a token with their $100 and then they lose.
So I think the USD1 eco is going to have a chance to kind of bring people back in and have them stay in.
And hopefully everyone can win together type of thing, you know?
Well, that's the thing.
I mean, it's two parts, right?
Like you can, you know, if you think about just like anything in the world, think about dating, think about getting someone into your restaurant.
There's getting them in there and then there's keeping them there. And those are two separate
things with like different ways of kind of going about the world. And I think that crypto is not
the worst, has not been the worst at getting people in like, like, a lot of people have tried,
have tried different crypto things, a lot of people have come on shame,
but it's keeping them there. That's the hard part. And I think that the reason that people don't get
kept there is because you know, exactly what you're talking about what we're talking about a few
minutes ago it's just it's hard to say to someone hey look your first experience is you getting
screwed you should do it again you know that's not that's that's not going to work like you the
first experience the first few experiences need to be them winning or at the very least not losing
right having fun at least not losing 90 plus percent and yeah candle right
that's a good point because you go to the casino you expect to lose right but you don't expect to
lose at all in the first time you pull the jack you know the the slot machine like you expect it
take a little while speaking of casino that's what i'm i'm i have an auto spin i do this all day and
it's like up and down it's like you can go down to nothing but that's how it is right it's like
if i just lost it all then i I would never want to come back.
But it gives you little glimpses of that you're going to win to want to come back.
Exactly.
Exactly.
But I think a lot of people, and just kind of tangent, a lot of people do want to get into crypto because it's a whole kind of new space to tap into.
So I met a lot of big Web 2 influencers that really aren't in crypto and they want to
heavily kind of get into crypto not to really not to max extract but just to kind of get into a whole
different world and audience and you look at like kabuto who um that like the pokemon guy right he
tweeted last week or a couple weeks ago that said like crypto gets a really bad name for being scammy
and scummy which uh i mean I'll buy it yeah yeah
there's a lot of that there but there's a lot of that in the real world too but he said it's one of
the most welcoming kind of communities and places to be so anyway going off on a tangent there but
I there's no other place I'd like to be it can be toxic at times but it's still there's nothing
better yeah it's just it's just we got to get people past that first step you know like like
the first step is it's going to be gnarly but we need to hurry them up into the part where you join TG communities that are really nice.
You join crypto Twitter, which can be it can be accessible, but it's also a lot of cool people.
Get them going to events, you know, but that's just that's just like several steps down the road.
And if we if we screw them, but first as soon as they walk in the door, like they're never going to get there.
They're never going to see how cool it actually can be.
They're never going to see how how nice and welcoming be. They're never going to see how nice and welcoming
and interesting some of the folks actually are,
like yourself.
Yep.
I mean, I'm a 14-year-old.
I've been in the space since I was five.
Yeah, it's cool.
It's awesome.
There's no better place to network and meet people
and have like wide conversations with.
But back into America Fund.
So thanks for sharing that high level and then a little
bit of background 13 years you have me beat for sure i've only been here for i guess nine years
now so i guess quite a while but you're still an elder yeah i guess i still i still haven't learned
i'm still a i'm still a round tripper so people who've just got into the space i'm i still join
you with being a round tripper for many things I get into.
So, how do you want to take this, Ogo? I mean, you have a lot to probably unpack.
Yeah, there's so much stuff. So, I mean, first off, I mean, last week you chatted with the burger team, right?
Yeah, so I have about 2% of burger. I bought burger and have added to it quite a while and now yeah
because it's the so i love everything on america fun but burger is the first token on america fun
right it is and i have a lot of diehard community members that have been in different communities
with me that have legit changed up their pfp to burger all in all you know what i mean so
like that that are bag working and just it being the first one and then i talked to burger last week um super genuine super hard
working uh i think it's really really good time to dca into tust1 pairs so like burger um valor
patriot you name it right so a lot of good things happening yeah i gotta say on a personal basis i
actually bought some more burger recently as well.
The AOL Treasury also bought a little bit more burger
recently, like, you know, I'm trying to stack it up
in both those sites, so I think there's good value there.
And even if, you know, and obviously we can't tell
the future, right?
But I think that with the team doing as much hard work
as they are, they're really out there doing it,
then yeah, I mean, you can't help but support that and just hope that the world ends up seeing it, right?
Plus, the burger's cute, like, and their, you know, their Twitter game is really, really
on point, I think.
It's so funny all the time, and we just got to make sure it gets out there.
But yeah, I think them being the first token that launched on America.fund, assuming America
crushes, that's going to be, you know, one of the ones that people really want to pay attention to. So back to your question though. So last week,
you had them on, which is awesome. I'm excited about the fact that we're going to be having
these talks to you every week. America Fun Friday sounds super fitting.
Yeah, I like it. I like it. I decided to do it because I was like, you know what?
I mean, I'm in a lot of different, I'm in quite a bit of different tokens, right?
I went from putting quite a bit of soul into many different things. And then I realized after a
while, I was just kind of exit liquidity, or people just wanted me to talk about their token
to kind of get a little volume, and then it die off type of thing. But I think right now is really the time for
people to kind of see who's here, who's around. Obviously, everyone's portfolios
varies, right? But it's probably mostly down since October. But it's good to see which
communities are still active and building. And I think with USD1 and them barely kind of starting to ramp up the campaign and everything, I think that's the best place to kind of start gravitating kind of positions into.
So look at the USD1 communities on America Fund and then kind of build those positions.
So I was like, America Fund Fridays, it kind of makes sense.
It feels like a no-brainer. Yeah, I like talking on these and actually it helps kind of give me more conviction because
I am putting quite a bit of money into these USD1 plays.
I want to hear from other people and maybe they have a different perspective and stuff,
right?
Maybe they have a different coin I should learn about and know about and it's cool.
I love doing it.
That's awesome, man.
Yeah, I mean, we really appreciate it.
I think it's going to be a lot of fun. We have so many, even today, today's going to be maybe a little bit longer than normal,
but there's just so many things to talk about.
I did a typo for two hours, and after I was like, oh, shit, I'll go over talking for two
hours.
Like, we'll probably, we'll probably make it there.
Maybe we'll go for five hours, dude.
I don't know.
We'll see.
Hey, hey, you know, we'll see who's got stamina, right?
But there's just so many, so many updates to talk about.
But I just want to say, first off, we really do appreciate you doing these, you know, this series.
I think it's going to be a lot of fun.
And thanks for coming on and giving it some validation.
So I wasn't just talking to myself.
I appreciate you for popping in.
For sure.
So first off, if you don't mind, let me just make a quick announcement for those who haven't seen it.
And so, you know, if you go to the America, D-O-T-F-U-N,
America.fund Twitter, you'll see that we had an announcement.
Recently, a couple of days ago, we did a, one of the,
one of the co-founders, Vesper, did a keynote at the MetDabi event in Abu Dhabi
and announced that we're moving our tech stack over from Radium to Meteora.
And it's kind of a big deal, to be honest.
It's a strategic partnership with Meteora.
Meteora is far and away, in my opinion, the best way to do liquidity on Solana right now.
I'm a superpower user of them and have been since I first used it.
Very, very aggressively using them.
They had a point thing too.
That actually paid off pretty well for those who-
I actually did, yeah.
That was exactly, love it.
That wasn't too bad.
So those who do the thing early,
sometimes they get taken care of.
But yeah, so they just have, in my opinion, the most, the best UX from like an LP point of view, they have so many other programs that they're trying to build out. And then we were talking to them for a good while. And for various reasons, we hadn't moved forward with them on the tech side. But then, you know, because of certain recent events, it made more sense for us to do so. We have so many things we want to do at America.fund.
And we need a team to be strategically aligned with us that is willing to develop some of that for us,
some of the underpinnings there that are interested in kind of shaking things up and trying new things.
And we have a lot of these ideas.
We don't have the biggest tech team in the universe.
And so we want to rely upon people who actually want to innovate as well.
And we found that in them.
They're good vibes.
They're good folks.
They're a lot of fun to hang out with.
They're very, very responsive, extraordinarily nice people.
And so we did a deal with them.
And the deal is very helpful for the company itself.
And I think in the short term and I think in the long term, it's going to prove to have been probably perhaps the most pivotal moment in the history of America.fun, I think.
And so very excited.
Yeah, that's huge.
I love Meteora.
That is mainly what I've been using.
So I saw that and I was super stoked that that actually came to fruition.
And the coolest part about Web3 is being paid to participate, right? So you have all these different options, all these
platforms. You can try them all. They're all going to be somewhat similar, but at the end of the day,
they're going to kind of go back to whichever one has the best user experience. But the coolest
thing, especially right now, is DCA into those conviction plays and then kind of farm for points
or airdrops. So Meteora is definitely my favorite as well good deal yeah yeah and and I mean
I can't I don't know if you've dealt with their team or not before but it
really is it really is next level like like I can see why their team and the
teams that are in their kind of family of companies have just killed it because
if you if you spend 15 minutes with them dude it's like it's a different ballgame
yeah I've never met them before but I I engage in their tweets, they engage in mine.
And I don't know.
I like anyone who's nice to me.
Anyone who's a nice person, I'm good with it.
Well, I think you'll find that in them.
One of these days, maybe we'll get together, have a beer, all of us together,
and you'll see what I'm talking about there.
But yeah, so we're super stoked about that.
It just opens up so many possibilities
because folks have looked at us and said,
okay, you're a launchpad, you know, like that's great.
I mean, who's not a launchpad, right?
That puts the validity back to you guys.
That's like, I mean, there's so much kind of you already have
to kind of point back to the validity of America Fund,
but that even kind of strengthens it even more
with how big Meteora is, right?
Yeah, yeah, for sure.
I mean, look, if you look at our October stats, which Vesper and her talk was going over,
if you look at the October and part of November, because we've only been live for, well, we're
not going to be totally live yet.
We've only done four launches so far, like four curated launches.
But if you look at the stats on that, you see why it kind of makes sense for them too,
to be honest.
So you have Pump who did, I don't know, I forget the numbers, but it's like some absurd amount of launches.
And they did like $2.2 billion of revenue in the past month and a half, something like that,
like a really lot. And then you have Bonk behind them who did a couple hundred thousand launches,
I think it was, if I remember correctly, and it was $100 million of revenue. And so that's like a lot of revenue, too, right?
We've done four launches and $75 million revenue, right?
Like in terms of traffic volume.
That's insane. The cool thing about that is I'm interested to see where it goes when it's opened up because I like that it's going to be opened up, but it's also going to be tamer,
right?
It's opened up,
but it's more tame,
but it is really cool to see these curated launches too.
I really love that.
And we're still going to have those.
We are still going to have those.
Yeah.
Yeah.
Yeah.
So I'm really curious too.
I mean,
my theory here,
man,
is that like,
like I think this is actually where the juice is at.
I don't really think the juice is over on the,
I mean, this is my opinion.
People can vote with their money and their time, obviously, and we'll see what happens.
But my opinion is the hyper-DGEN side of things is where the juice has been.
Like, that's where most of the traffic is at.
That's where most of the people are at.
And I think that makes sense because that's just like, you know, it's like the Wild West.
You're just getting going. The other side of it is very KYC, difficult to get into kind of things like ICM kind of things.
And that's just kind of fappy. And so I think they're going to do well for what they do, that side of the world.
But it's just such a headache to go through the process. You have to doctor yourself. You have to go through all this stuff.
And I just don't think that's really where the most of the volume is going to be. I think the volume is going to be in the open, but clean middle part
there. Like I look at it as a spectrum. And I really think that's where it's going to be. And
so I'm super curious to see if this theory plays out like whenever we go permissionless here soon,
are we going to see the same kind of results? Are we going to have, you know, are we going to have
longer lasting means? Are we going to have regular businesses that are launching on us?
Which I can tell you already the answer to that is yes, because we have a pipeline of
a couple of pretty incredible regular businesses that are looking to launch with us.
But I really think this is going to be the place where it's at.
And I'm just like, whenever I saw the stats, we did $75 million in that period of time.
I didn't even believe it.
I was like, wait, what?
Are you serious?
With four tokens, Jesus.
Yeah, with four freaking tokens.
This doesn't even include the AOL token
because we actually launched the AOL token on Bonk.
So it doesn't include that.
This is just the four that came out of,
you know, out of our thing.
And kind of what I'm seeing,
so I'm in quite a bit of group chats and stuff, right?
And everyone's kind of topping out
and they're like, crap, what do we do
to get more attention over to us? i think people are are growing weary of that and getting just kind
of sick of of just toppers and people just rotating into the next shiny thing so i think
quality over quantity is something everyone's kind of looking for they want they want it so bad for
something to stick and being able to hold a coin and believe in it. And the market right now is so,
crap, I can't hold this more than a few hours
and then I'm just totally effed, right?
So I think that's needed and I agree
that that's a direction where people are going to start
to go to, right?
It's like, what's a coin I can hold and believe in again?
I think so, and I think that you're bringing this up kind of makes me think about a greater fool theory.
Are you familiar with that idea?
Yeah.
Yeah.
Well, let's hear it because I am.
But I have a small brain.
So maybe.
I don't think anyone believes that at all.
I don't think anyone believes that at all. But yeah, just for the audience to say, so greater
But yeah, just for the audience to say.
fool theory is is is this is this kind of concept that it exists in in stocks, but also
exists in like real estate and things like this, which essentially means that if you
have if you have something that's investable, and whenever you invest in it, the price goes
up or has like a new position, a new price. The only way if if it turns out that the thing itself
does not have like intrinsic value. So in other words, it's not something you could use to like
meltdown and make watches like gold, for example, something like that. If it doesn't have intrinsic
value, then the only way to really make money on that is for someone else to come and buy it,
right, which makes the price go up itself. And so if you are the one who bought
the very top of it, you were what they call the greatest fool at that time, until someone
else comes and buys a higher price than you, in which case, you're no longer the greatest
fool, you're now the second greatest fool, right. And it just kind of that's kind of
like the sort of the core concept. And the problem is with that, it sucks. But someone's
left holding the bag at the end. That's sort of the concept.
And so it's whenever you go into an investment, you need to understand that if something doesn't
have intrinsic value, then whoever the last person to buy that can't sell before the price
starts going down, that would be the person who ends up what they call bag holding or
holding the bag.
Now, we see this with memes all day, every day, right?
And so it's really a game of chicken in a way.
So you go and invest in something on pump and it tops out at $20,000 market cap or whatever, which is pretty typical.
Then the people who make money on that are almost nobody, really.
And you can't sleep on it.
You can't lay there and spend time with it.
And there's only a couple of people who really benefit. And those people are usually those who buy and sell within like four minutes.
You know, and who wants to live that life? I mean, I kind of personally don't.
And so if you look at if you look at that, you can't take that away from what investing in some some of crypto is.
You can't say, oh, you know, we're going to make a platform that makes
everything go up forever because it's just not mathematically impossible. And so what we're
trying to do in America is say, okay, okay, we accept the fact that there will be people who buy
the top. And we accept the fact that a lot of things are not going to be sustained at a super
high level. That's just how it's going to be. But what we want to do is extend that timeframe out. So instead of being a couple minutes, a few couple hours, at least let it be
a few weeks, you know, a couple months, a year, something like that. And we're trying to make the
process here where people have the opportunity, because of the longevity of that, because that
lifespan, there's more people who have the opportunity to actually play that game. And I
think personally, that's going to result in significantly higher average, so higher
quality, like you were saying, significantly higher average outcomes for each of the tokens
themselves.
But we've seen that with these first four launches.
I mean, every one of them has gone into the millions of dollars.
Valor hit $17.2 million, something like that.
Like they've all they've all done, you know, people have kind of criticized and say, Oh, this is only a $400,000. This is only $800,000. It's like, Okay, how many tokens do you have to go
to zero on the other platforms before you find a single one that goes to $400,000? Right? And in
our case is 100% all of them have done this. Now, I don't think it's always going to be that way.
We're going to have losers in the future, of course. But I'm just like, this is sort of the idea that I want to get across to people listening to this.
If you buy something at the top, even on our platform, and you don't end up making money on that, understand that that's just the game you're playing.
What we're trying to do is just make that be a much longer game, like give you more time, give more people the opportunity to actually get in and play it and potentially come out ahead.
Then you would get somewhere else. Yeah, and I think like three weeks in crypto is like four years in real life, right?
So it's like we everyone's seeing like the Wall Street cheat sheet of like the market cycles, right?
We experience full on multi-year market cycles and an hourly candle. Like, it's just how it is.
And it's actually kind of crazy
because most people now,
they've pivoted to,
well, maybe not most people,
but a lot of people have pivoted to just,
I'm going to be a dev.
I'm going to have a dev arc, right?
So I'm going to start devving my own tokens
because anything I get into is just dead
and I can at least control it this way.
So I think that's perfect,
but you're right.
It's so interesting to see how many just die in the first minutes, maybe right after it bonds,
maybe never even bonds versus at least, you know what, people can get in and then draw it out over
several weeks, months, or even longer, right? Maybe a lot of these communities, especially
on America Fun, they went really high at the beginning along with everything else.
And now they're kind of in the stage of the cycle low where it's like, hey, is this community still cooking?
If so, buy it and believe in it.
Exactly.
Exactly.
I think Burger is a good example from last week of that.
For sure.
So, I mean, this actually gets to a point that I was actually curious your opinion about this.
And I'm curious, you know, people in the the audience if they have opinions later on about this but um you know you have you have people
who are kind of upset sometimes so for example I have an announcement and a little bit about valor
by the way I just want valor is one of the tokens that launched on us and I do have an announcement
about that here in a little bit but valor is a good example of something that's been on my mind
lately because people are really upset that the team,
you know, we hit 17 million bucks on Valor. It had the highest number of holders of any USD1 token at one point. It may still, I don't know. But at one point, it definitely had the highest. It was
higher than one coin, higher than anything else. And it was really cooking, really, really,
really doing well. And then, you know, the market kind of took its toll. We had a couple of
downtrends in general in the market.
And, you know, it's not performing quite as well at the moment.
And the team was sticking with it there for about six weeks.
And they kind of pushed it pretty good.
And, you know, a lot of people made a lot of money on that.
And I've been very proud of that from the America.fund side of things.
I think the curation on that side was very good.
But it's brought up kind of an interesting question because we've had a lot of critiques that have come through and they say, why is the Valor team not pushing it anymore?
Why is there, you know, why are we at a million dollars now instead of seven million, et cetera?
The team should be out there doing this and this and this.
And I understand where they're coming from.
But my question is, how long do you
think a team should have to stick with something? I'm trying to think of how to think about this,
because if you launch a token, let's say it goes to $200,000, let's say the team makes 20k off of
that, right? Just as an example, are they required by to, you know, are they required like by ethics to stick around
for six more years, six more days, six more months? I don't know. I'm not really sure how
to think about that, but I don't think that the idea that people have to stick around as like
indentured servants for the rest of their lives makes a whole lot of sense. And I'm trying to
kind of figure out where I think about this. And I wanted to know your opinion so that I can start
to like kind of put some thoughts out there for other people to think about too like how long exactly does a team need to stick around yeah before it's
good before it's reasonable so you look at um let's talk about non-launch paths let's talk about
yeah uh tokens that had vc backing right and their vesting schedule ends we see so many of those
teams where their vesting schedule's up and they they done. They're like, okay, I want to find a different company or do something else and
do it all over again. Right? So really the motivation is while they're making money
during their vesting schedule. And if their vesting schedule's over, they're done. They're
like, I'm not worried about this. Or they could drag it out forever because it's so much
much like Charles Hoskin or whatever, you know,enio guy yeah like they're not doing nothing but he's just dragging it out milking it for for a long time
uh so i think it just kind of depends but you also see a lot of people who finish their vesting so
even like kols they do they do kol rounds where a k will talk about a token that kol will talk
about that token until the vesting period's over and then they will they'll move on right they're they're not making money on it anymore so i think so if we're talking
memes specifically uh a meme and a meme will live and die with the community itself so the the team
should be an entire community like the team can only do so much the community if it's going to
live on needs to take over and and do it right if it's going to live on needs to take over and
and do it right if it's going to continue on um i don't think there's a set time frame on that
if if someone's not going to be able to make money or be profitable i don't feel like they
need to feel like they're shackled to that project and put in sweat equity forever right
there's not really a great answer so if you have your reputation tied to it,
so if like you're, if, if, if you're ogle and you launch a token, right yourself, like on the
platform, I think it just depends on what you're communicating. It's like, Hey, this is going to
be something I'm doing forever, or this is what I'm, you know what I mean? It's all about the
communication and the optics.
But also for talking memes, there's only so much you can do with a meme.
A meme is a meme.
So we look at PopCat, we look at Dog with Hat, etc., etc., etc.
A lot of it's going to be attention-based,
and a team can't control people buying or selling, right?
Like, you can do the best you can,
but you can't make people buy it or sell it
especially with memes so yeah yeah yeah i think you have a lot of good points there
i i have been trying to kind of just like come up with like like what i consider to be like an ethical
um like an ethical minimum amount of time so i was thinking i think there's, I think there is like a math to this potentially,
where it's like, look, you know, whatever the peak market cap is divided by two, that's the
number of weeks, you should be like, for sure in there, right? So if you have something hit 100
million bucks, for example, divide that by 250, they should be sticking with it for a year.
And this is just off the top of my head. But I'm just I'm trying to think of like, what's like,
and like agreeable, reasonable amount of, of you know time and effort and energy that someone should be able to put in for the
amount of uh value that they've probably gotten out of themselves it also depends on the fee
structure right like I know people that launch tons of tokens on on pump for example and one of
them one of them's a friend and he launches literally I think he's at the point of launching
a token a day now.
And they're all just farms.
They're all farms for fees that kind of go back to him.
And he has 0%. Like he'll even say that he's doing it long term.
But he's just going to launch it, right?
And just make fees off it.
And that's his whole plan.
And his, I guess, thesis on it is this is like, I'm like a drug dealer and these people need drugs.
So I'm creating coins so they can have drugs.
You know what I mean?
He's just a producer of dopamine for them.
Yes, that's kind of what it is.
And I think for some of these, it's like, it really is gambling.
It's like, I don't really want to be a community member backholder.
I just want to buy this new launch and sell it right after,
make a few solo and do that, rinse, repeat over and over again.
So there's communities and then there's gambling.
So I think it's just kind of aligning with whichever one
or direction you think it is and then pick your poison.
Yeah, okay.
Well, yeah, I mean, I think that makes a lot of sense.
And I want to think through this a little bit more
and I appreciate your insights.
If anyone in the audience has insights, maybe they'll comment or they'll,
you know, say something later on if we have a little q&a or
something. But yeah, I've just been thinking about that a lot
because because I think that like the expectations that people
have are sometimes way too high for what practically speaking,
is happening on the other side, like running one of these things
is is a big deal. It's a lot of work.
I mean, maybe it's not a lot of work for your friend
because he's in and out every day
and he's making a couple of sales.
And that's his business model.
And that's a hustle, right?
And I think that's totally fine
because people probably make money with him
and some people lose money,
but they're getting their hit,
like you were saying, and there's that.
But I think that for some of these other ones
that run in different ways,
people don't realize how much work it really is on the backside. And if you're doing it, you know, for
one month, two months, 12 months, like, it's, it's a really a lot of commitment, like, like,
you've got to put your back into it. And, you know, it's kind of hard. It's hard for me as
someone who's launched a number of projects over the years, to not have sympathy for that experience.
But for the investors
who don't see that, they're like, wait, where are they at? Why are they not doing this stuff?
And it's like, I get where they're coming from too, because it sucks to see a quiet team that
does nothing and they've kind of disappeared and God knows where they went. But one thing I do
think is kind of almost like an ethical requirement in these cases is that if the team is going to disappear,
right? If they say, look, we're done, like we've retired, we don't think we are the team to make
this happen. We think that we've kind of done our part. We've made a lot of people a bunch of money.
We ourselves have made a few bucks too. We want to move on. I do think there is some ethical
a few bucks too we want to move on i do think there is some ethical um requirement there for
them to allow there to be a cto a community yeah absolutely i yeah and i think that's that's kind
of where i was going out with there yeah the team can only do so much and they're only going to be
motivated for so long but then you have a whole community that maybe didn't get as early of an
as early of an opportunity that really, really sees the vision long term, thinks they can take
opportunity that really really sees the vision long term thinks they can take it to the next level
it to the next level. A hundred thousand percent. That's where the coins really live and take off
to the next level. Sometimes that's the case, right? You see something does well and then you
see a CTO and it goes incredibly well. Like it goes crazy because you have these rabid,
you know, kind of, you have people who they're not doing it necessarily to like,
you know, because they are like, this is their business. They're doing it because this is their passion, right?
They're doing it because they actually, they just love the meme. They love the pictures.
They love, you know, the idea. They have other kind of creative things around it, whatever.
And so, yeah. So, I mean, with that said, I guess you probably know, I guess you probably
know where this is, where this is going. America.fund did have, you know, we've had a lot of
chats the past few weeks with the Valor
team, the past couple of weeks with our team, and they've been still pushing. I just want to be
clear. They've been pushing and it just hasn't, you know, their methods of pushing have not worked
out in the way that they were hoping they would. But the people following Valor and who care about
Valor, the community is actually super, super strong. There's, you know, last time I looked,
there was like 10 or 11,000 holders of it. Like it's very strong. The community in the community is actually super, super strong. There's, you know, last time I looked, there was like 10 or 11,000 holders of it.
Like it's very strong.
The community in the chat is super, super active.
I actually just gave a talk at Solana Skyline, like the Solana headquarters recently.
And we talked about Valor a lot there.
And there were Valor holders in the audience, you know, which I was surprised by.
But we have been talking to the Valor team a good bit the past couple of weeks
about what do they want to do next steps and how do they want to handle this. And look, I'm just
going to say it here. They've agreed to allow for a CTO, a community takeover. So they have some
amount of token that's left themselves. They are willing to give that over to the America.fund team, which will be able to give it to a new CTO team at certain levels.
And they're willing and able to give over the Telegram, give over the Twitter, the assets
that have been made.
And they even said that they will continue to help push on the back end in the ways that
they have TikTok and this sort of thing uh to help
to help actually push it along and i think that's actually like the most ethical way of doing this
yeah and i think that the coolest thing is i mean it it ran up to to freaking 17 million from
nothing that's huge right yeah um i have my same buddy he ran up a coin from zero to 50 60 million
right and now he's just done.
He's like, I'm not going to do this one anymore, right?
It's a great, strong community, but the coin can continue on without me, right?
So I think that's great.
And now anyone that is in the community or isn't, they can look at the chart and say,
hey, this one hit this level.
Now we're kind of tailoring out, right?
And now it's time to DCA and find kind of conviction and find the team around this to kind of tailoring out right and now it's time to to dca and find kind
of conviction and find the team around this to to kind of send to the next next stage so yeah yeah
i think that's huge that's awesome because i i also hold valor um and i yeah i i think that's
that's exactly what you'd want to hear right a new motivated team to come in fresh and take it
to the next level yeah yeah for sure for sure. Well, I'm just excited about that.
And I think that a good number of people
that are what I would call core community members
at Valor have messaged me the past couple of weeks
and said, hey, look, if there ever is a CTO,
you gotta let me know, because I'm here.
I'm gonna put in X number of time per day.
I really wanna be a part of this.
I wanna see where we can take this.
I think this ego hasn't flown yet, and I want to prove that to people. And so I'm going
to be hitting those people up. If any of you guys are listening to this and you want to be a part
of that and we haven't talked already or I haven't talked to you recently, send me a DM. I'm very
happy to, we'll kind of vet that out. I want to make sure that whoever gets into the CTO team,
they have the right skill sets and whatnot.
We'll try to curate the CTO team as much as we possibly can.
And then we'll see what happens with the Eagle.
You know, hopefully, hopefully, Valor goes up.
Is that you're helping facilitate all that, man.
Like, I don't think anyone else is doing that
to where they're like, hey, this is one of our four,
five, whatever, right?
And we're gonna try to help make sure that this gets tossed off into good hands.
We want everything.
You know what I mean?
That's really cool.
Can you say, I don't think anyone else is doing that, right?
Or putting that amount of care into their communities on their platform.
Well, thank you for saying that.
I mean, it's really kind of core to sort of the purpose here is we really want to make
sure that people who do invest in these tokens never feel like they're just left out to dry. And I'm not going to be
able to guarantee they make money like, like, that's the thing, it's not possible. You know,
it's just not possible for everyone to make money. That's not how math works. But one thing we can
do is we can we can say, Look, if you know, if there's troubles and troubles in China, you know,
we're gonna go and help out a little bit, like in Valor, we've ourselves from the AOL treasury, we put 200, I think 20,000 bucks into buying Valor, which we haven't sold.
We've just bought 220 some odd thousand dollars worth of Valor to just help the thing out.
Now, the price is down a whole lot. So what does that mean? It means that we have effectively
distributed $220,000 to people who were in the Valor community already, who sold and did whatever they did.
I just want people to see that we're trying really hard to do things different.
And I think that we deserve a lot of criticism for some of the things that don't go right.
And I would like to hear that as those things happen.
I don't really walk, but I appreciate the nice things too.
I don't really walk back.
But I appreciate the nice things too.
So legit, you can't beat yourself up on that.
There's so many people that have faces tied to their thing.
You look at, so there's Vitamo who did Locked In,
which was a pretty huge meme at the time, right?
And he tied his whole face to that meme.
And I tried to talk him into getting into another one.
He said, dude, I cannot be a face of anything. It was too mentally taxing on me because you'd have people message you say what are you
doing now what are you doing now what are you doing now and it's like like i can't control
bitcoin going from 120 something thousand to 80 000 like why is it going down it's like look at the
the bigger picture man like there's certain things you can and you just can't control um so
anyway i think if anyone's questioning certain things like that then they they just have they're
over invested and i've always said it's a good time to it's a good time to look back and think
is this amount of money meaningful now and if you think it isn't then think okay if i didn't have
this money where would
I where would I think I'm at right and just kind of that's why it's important to kind of take
profits at key levels and not get so emotionally attached um anyway yeah so it's true it's true I
mean I still make that mistake myself man I mean I am the king of round tripping like honestly
if there's anyone that's if I had a dollar for every time around tripped i'd be a billionaire now yeah so so yeah so as i did want to announce that thanks for you know letting me
kind of kind of tie that in there and i'm i'm personally excited about it i think that the
community is probably going to be quite excited i don't know i hope so uh because uh because
there's a lot of things that i think that that could be done with like a really good cto team
and again i just want to say like the say, the Valor team as they are now
has committed to continuing to push
and help out on the back end,
making sure there's videos being made,
making sure that certain KOLs are seeing the things still
and that sort of thing.
And so hopefully that results in a really positive outcome
for a lot more people.
Yeah, that's like, again,
that you're facilitating that too
and helping them kind of do it
because they're on the platform.
That's, no one else is doing that, so that's awesome.
And thank you so much.
I appreciate it.
I have one more thing.
I know we've kind of announced a whole bunch of things
on this chat so far.
It's been like, it's been a really busy week.
And we've got four hours left, Ogil, we're good.
Excellent.
Excellent.
But we have, we just have so much stuff going on. It's kind of wild. I just want to say ahead of time, too, by the way, I didn't say it earlier in the day, but the token that everything is being built around is called AOL.
It's Money Sign AOL. And we launched that on the Bonk platform. Bonk guys are old friends of mine for a while.
old friends of mine, you know, you know, for a while, we obviously, you know, we see the world
through through different lenses in some ways. But, you know, nonetheless, we've been friends
for a long time. I'm a huge supporter of Bonk from a token point of view and the project point of
view. And, and, you know, based on that, we did launch the token off of the the Bonk platform.
That said, we've kind of held back on doing some of the, you know, the we kind of didn't want to step on toes, I think, you know, for a good bit of time.
we've come to, you know, a position where I think that it's actually okay for us to,
to be separate players that have, you know, what you might call arm's length
relationship with each other, as opposed to being exactly part of the same ecosystem. And,
you know, part of the part of that is not using, you know, they have a partnership with Radium.
And I don't have any, you you know i got nothing specific to say about
radium you know per se that's like negative but we just that's that's one of the big reasons we
felt comfortable going to meteor is because like i can't build on radium the kind of stuff that i
want to build and and meteor is really willing to do that for us right but we have different kind of
ambitions different kind of goals than than the guys at bonk do and i think that's really good
because we're we have kind of our lane and we're going down this road and they have their lane and they're going down
that road. But we remain, I talk to Nam every day. I talk to him today. I talk to him yesterday.
You know, we talk, Nam's the boss of, or like, you know, one of the big boys over at Bonk.
We talk every day. We're, you know, we still have our relationship and all that kind of thing, but we have decided from a business POV that it probably makes more sense for us to kind of pave our own paths.
But I do want to be super, super clear. That does not mean in any way that we're not super supportive of USD1 still, that we're not focused on expanding that ecosystem. That's our sole purpose. That's why we first
made this thing to begin with. Before USD1 even existed on Solana, we were building this platform
to support the USD1 ecosystems expansion. And we're going to continue doing that. The guys at
World Liberty Finance knew ahead of time about the decisions that we were both making in terms of the
company. And they knew right afterward, and there's been no negative feedback
that I've received on that side.
So everything's good, everything's kosher,
but I do wanna make that clarity
because some people have had some questions around it.
And probably today, if we do a little bit of a Q&A
with the audience, they're gonna have some questions too.
But I did wanna just kind of say that for the record.
And we can expand on that at some point.
Maybe we can get Nam to come on here.
Me and him can talk with you or something sometime soon i think that'd be a lot of fun
um and kind of talk through some of the stuff and and um yeah i think there's still opportunity
to win right because i think i mean so you are on bonk um and i think any revenues you generate
and stuff still go back to helping and support bonk I think it's good to I mean you still support of each other longtime friends etc but I think
ultimately bonkers would support America fun because your success also ties into
revenue and success of their platform what they're doing too right so that's
my theory too yeah I don't see it as a negative thing I think it's positive I
hope so I hope so and I hope so. And I think so.
I can't think of many reasons why it wouldn't be positive, but you never know.
So our token is AOL, money sign AOL.
And in the V2 of our website, which will be launching here soon,
we're in the last stages of the launch, which means we're in the middle of audit right now.
So we have it with the auditing companies. They're doing their thing at the moment.
Whenever that's finished and we've fixed anything, which hopefully is in the middle of audit right now. So we have it with the auditing companies. They're doing their thing at the moment. Whenever that's finished and we've fixed anything,
which hopefully is in the next, you know,
we've been told that the ETA on the audit is like six, seven days from now.
And so hopefully that actually comes back.
Hopefully it's clean as a whistle and we can go to actually launching the website itself.
At that point, people are going to start to see some of the purpose of AOL.
Like, why would you hold AOL?
What's the point?
Like, what do you get from that?
And one of those things we're going to be launching, if not on day one, then soon after,
will be the ability for you to stake your AOL and the users get to earn a percentage
of the LP fees that we've gotten.
Now, the LP fees that we've gotten so far have been hundreds and
hundreds of thousands of dollars. And we intend to give back a very significant chunk of that
to the people who stake their AOL in the system. And there's going to be a little bit of a mechanism
for how that works. So that way, only the whales can't take everything. There's different ways
we're going to be building in for that to work. But that's not obvious right now but it will be soon not to say it's the same
but if you look at Aerodrome on base
or if you look at Cake on Binance
so you're kind of betting on
sell people shovels or pickaxes
for the gold rush type of thing
AOL is like your shovel or pickaxe
if AOL succeeds which I think it's obviously going to succeed for the gold type of thing your aol is like your your shovel or your pickaxe right yeah if if aol
succeeds which i think it's obviously going to succeed it's already succeeded um betting on that
and the revenues that it will generate kind of feedback to that and the token so you look at like
cake or aerodrome token i think i bought aerodrome on base like 20 30 cents right before it got to
coinbase and then it went to multiple multiples of dollars got to Coinbase. And then it went to multiples of dollars.
I have no idea what it went to, but I obviously sold away before that, of course.
Because why wouldn't I?
But yeah, that's the potential.
It's you're kind of betting on the eco and then getting the yield from it
and just holding the main token itself.
Obviously supporting, that means you'll want to support the rest of the tokens
in the eco because it helps feed back into the main token. But yeah supporting that. That means you'll want to support the rest of the tokens in the eco because it helps feedback into the main token.
But yeah, that's awesome.
Yeah, yeah, yeah.
And we'll continue, we'll do those distributions
and we'll continue doing buybacks of the token ourselves
from the fees.
We just bought $40,000 worth of it today.
We bought back a couple hundred,
like probably 250, something like that,
maybe $300,000 worth in the past
month or so. And we'll just continue doing that. The more fees we make, the better we'll be. But
what's kind of interesting to me, and I don't want to like, you know, I don't want anyone to
make a financial decision based on me talking about numbers right now, just to be clear. I
just want to point out kind of an interesting perspective here. We did $75 million of volume, like I said,
and the token is sitting at like $3.5 million right now,
market cap versus in the case of our friends at Bonk,
they did $100 million of volume, so a little bit more,
and the token's sitting at a billion dollar market cap.
And you don't actually get anything, so to speak, know, you can't like stake it and get some rewards and
stuff. So I'm just really, really betting my own personal self. Like I personally, when I make an
announcement about something going on, I never buy before that point, I make an announcement,
I give it time to settle. And then I go buy myself some stuff if I think we have bullish,
bullish things coming. And that's why I've been personally buying. I have a good stack of AOL myself. None of it was free. I've spent probably close to a
million dollars of my own money buying it on the open market because I think personally,
it's going to be a good outcome for me on that side. I hope whenever we launch V2, people will
see some of the benefits there and I hope we're able to distribute the earnings. I hope we're
able to get a lot of LP fees, distribute those earnings to people in meaningful
enough amounts that they also see the value in the token itself.
We'll see.
We'll see how it goes, but that's sort of the idea here.
Yeah, I think it's a safe bet.
I probably shouldn't say safe bet because you look at coins in the top 10 that went
to zero somehow.
I mean, I think if you're in this space, you can see people who are genuine
and like paint the picture of like, there is real revenue attached to this. And I know that there's
people kind of only investing in deals right now where there is real revenue attached to it. So if
you can point that back, it's kind of your, it goes back to your kind of greater fool theory.
If it's like worthless and there's nothing attached to it, then it's going to be the greater fool that buys it. But if there's actually some revenues attached to it and yield to your kind of greater fool theory if it's like worthless and there's nothing attached to it then it's going to be the greater fool that buys it but if there's actually some revenues
attached to it and yield to be made then it's a little bit different of a story yeah i think so
i think so um i mean stargate was a really good example of that i bought stargate and you know a
long time ago and i kept buying it and staking it and the just just the fees i got from stargate
because i i mean i did like max staking i did the three-year staking thing it's just the fees I got from Stargate, because I did like max staking. I did the three-year staking thing.
And just the fees from that paid for all the Stargate that I got.
And then I got Stargate for free, right?
I mean, at that point, it was just a great investment.
I bought Synapse and I had like $2 million in Synapse.
Watched it evaporate.
That was...
I think I finally sold my synapse at like 1 million
but holy shit that was a i was thinking way different things would happen with it um i was
that's the moral of the story i gotta be honest i was too and i went way too heavy in synapse myself
and and got got railed on that i think i got him like two bucks and I think it's like 10 cents now or something. You bought like the
Pico.
I got railed on it
because I was thinking, I thought they were going to come out
with a chain. That's what I was hearing rumors about.
That's why someone keeps them that fucked.
Exactly. And then
it didn't happen. I should have known.
But, you know.
They gave it to an AI chat bot that I could probably code up.
So not to talk on them.
I shouldn't say bad things about Aurelis and Socrates,
but Jesus Christ.
Anyway, sorry, continue.
Yeah.
So is it okay with you?
I'm just gonna say one more quick announcement.
And then I don't know if you have anything
you want to talk about, or if not, maybe we can let a couple of people join up and ask
some questions.
Is that okay?
Yeah.
So how about now if there's anyone listening that does want, and we might not get any questions
Ogle.
Sure.
But let's just open it up because sometimes people are scared to talk on spaces.
So let me open it with this.
If you're never done spaces before, haven't talked, maybe there's a language barrier.
I mean, don't be nervous.
If you genuinely have a question, just come up and talk.
I'm pretty nice.
Ogil's nice.
Just request to speak now, and then we'll invite you up on stage.
You can stay up on stage unless you make some, like, loud farting noises or something.
But anyway, start requesting now, and I'll bring you up one by one if there's any questions.
Awesome. And by the way, I did see a message in the Telegram for America.fund that Bell, whose username is at B-E-L-L-E, he is like a red hat, red cowboy hat kind of thing.
He might be relaying a couple of questions he saw in the community.
So maybe he should, if he's already requested to to go up maybe he could be one of the people who
release those yeah I don't see Bell in here but I'll look for him okay yeah I
I can see him here on mine but I know spaces is kind of kind of goofy
sometimes yeah let me just say one more one more thing and this is kind of an
announcement of an announcement so you know you know, I know some people hate that. I love that. Justin's selling an announcement of announcements.
Exactly.
Exactly.
We're going to have to get over it.
But we do have a number of new announcements coming here in the next week, two weeks.
But I wanted to say that we have – we've brought on an advisor.
And I'm not going to say who they are yet, but we brought on an advisor who will be announcing this coming week who they are and kind of doing a little bit of an introduction to who they are and stuff.
Does it rhyme as shmarrant shmup?
No, it does not.
Unfortunately, I wish I could.
It rhymes as shmarrant shmup.
No, I'm just kidding.
I'm just kidding.
So this advisor is a true OG in the space of tech startups.
Been involved in very, very significant companies over the past, gosh, I guess like 30 years now that I'm aware of.
And has been a part of the team that created some of the biggest brands that you've ever heard of.
And their big supporter of America.fun, have been from pretty early.
I was kind of surprised to learn that.
And they were actually introduced to me by David Waxman, the guy who owns the Waxman PR company.
He's a good friend of ours as well.
But after chatting with him for a while and realizing that his insights are pretty deep,
and even though I myself have had a lot of experience in the tech space building companies,
you can never think that you know it all.
And after talking to him a number of times, I realized, actually, this guy's smart.
He knows his stuff, and he's been around a lot longer than I have.
And it would be nice for him to give us some advice too.
And so we will be announcing who that is next week.
So today's Friday.
So it'll be sometime, I don't know, Tuesday, Wednesday, Thursday, somewhere in there next week.
And I just wanted to say it out loud.
It's exciting.
I'm looking forward to it.
Maybe there's a few guesses out there as to who it is.
You're willing to, I mean, you're welcome to speculate, but we're not going to say who it is until a few more days.
Just want to let y'all know that.
His Excellency Justin Sun.
No, that's awesome, man.
That's huge.
So those are good things coming.
You guys are aligning with new things.
Obviously, strategic partnerships with Meteora.
V2 is coming out.
So, yeah, there's a lot of things to look forward to.
And I love what you're doing for your communities like Valor, who you're kind of going to find the next person to take the baton
and see some more success with that.
So that's sick.
Thank you, man.
So, Ogil, are you okay if I start bringing people up on stage
to ask some questions?
Yeah, let's do it.
All right.
Iyagan, do you want to ask a question to Ogil or me?
Hello?
Oh, what's up, Freeman i'm gonna have i again go first
thank you very much for the opportunity um i'm just a little guy from ghana shout out to all
my african guys if there's any on this space and i think i've been a big supporter of um
eol since the very time it's the very first time i saw it on quen quen um when you call
it quen gecko it was listed under the world by um ecosystem right ah when i saw the project i was
pretty much in support of it and i just went and buy right away with the small money that i had
and then we said a couple of them beggarger came out and then Valor and then followed.
So I think for the initial round that we had for Valor, most people were of the idea that
there was a perception that the bigger thing behind it was from the World Liberty Finance
team, that is the Trump family and then the other big guys, that was the first initial
round that we had before before like say the engagement died
down from the community we didn't have major announcement and then i think that was what's
caused the price to go down a bit but i didn't want to go to maybe review anything but we just
want to know if the bigger team behind the valor team is it from the wolf i or they have another
bigger supporters that are running the
shoot from behind. Thank you very much. Yeah, thank you. Thank you, by the way.
And I've never been to Ghana before. I've been close over in Cote d'Ivoire
before, but never to Ghana. And I hope one of these days I'm able to come over
there and hang out with you guys. That'd be a lot of fun. If you'll have me. But yeah, to answer your question. So what I can say is this.
The team behind Valor is not is not one that that wishes to be doxed as to who they are,
you know, and who all has been involved from the beginning and whatnot.
But what I can say is that
I have personally sat down with World Liberty Finance team from the early days of Valor and
throughout the process. And they're completely familiar with Valor. They know what's going on
with Valor. We've had a number of discussions about different things. I just
can't say anything public there, but I can tell you that the fact that Valor had at one point,
and perhaps still does, the largest number of USD1 holders on Solana, and the fact that it had
at one point four times the volume of one coin, right? Which, which, which is, you know, kind of was like the first purchase that, uh, that
was, that was made by the world Liberty five side.
Um, that's not something that didn't get noticed.
Um, that's something that they're very well aware of.
It's, it's, uh, it's very clear to them, you know, what's been going on there.
And, and we've chatted about it in person.
Um, that said, you know, that doesn't mean and I've
tried to be as clear as I possibly can about this from the get go. It doesn't mean that there's like
affiliation, there's like a, you know, some kind of support. It doesn't mean any of these things.
The only time those things mean something is when they actually are announced, if they are
announced, right. And so I would say that
you should understand that in the case that you're investing in anything that like the data is unclear, then you are definitely speculating, right? You're, you're looking for it, you're
hoping for it, etc. And I can understand that. And that's a lot of the reason that I invest in
certain things, too. It's the reason that just a minute ago, Hario and I were talking about we
invested in a synapse, like we thought there was going to be a blockchain made that was based on that. And so we kind of went down that route. Sometimes it works out, sometimes
it doesn't. Sometimes you're right about your prediction, sometimes you're not. And so that's
really about the best answer I can say is what I just said. But the team behind it from the very
beginning did ask, hey, look, as we go forward on this, we'll treat this thing right, or as right as we
can, but we do want you to commit to not saying who we are exactly. And that's a term that I'm
okay with, or that I was okay with at that point. Well, and cooking it up to freaking 17 mil when
everything's kind of down only is insane too. Like the fees, the the volume the number one amount of holders so and i think it's i i i i
am in so many bags right now where it's like man i you think more and more like i should have sold
up there right but if you kind of change your perspective of saying okay this is where where
it's at um and it's i would have bought this or wish these prices for lower to get more supply
it's like i think that's kind of, where you need to have your mind.
If you missed on selling when it was a lot higher, right?
But that's a great question.
And I think they definitely do notice and are paying attention.
And yes, I probably could have made more money if I sold it higher,
but it's like kind of these, put it, put in what you're willing to lose is,
is a good saying, which I have a hard time with sometimes
because I just want it to go up higher, but.
Definitely.
Well, everyone should know, by the way.
I mean, I don't know if in your case
if you invested in Valor or not.
I personally, you know, on Docs wallets invested in Valor
and have not sold.
I just want to be clear.
I haven't sold my-
I have Valor too.
I think it's just USD one in general
and I don't know, I'm farming points.
So let's say my ballot hypothetically let's
say valor goes to zero i'm gonna make a lot more in points from america fun from buying it anyway
so so whatever good question let's have uh hey chronics do you want to come up and talk next
dude yeah i appreciate you giving me the floor can you guys hear me yeah man yeah you're great
um what's it called i just wanted to say you know
i've been a big supporter of uh aol since um i actually to be honest i found out about it from
burger i saw like a ton of burgers being launched and i was like what is this so i looked more into
it um and then i saw burger launched and i still hold that one um and then i started buying all the
the four tokens that have been launched so far um and I really like the aspect that it's like, you know
Quality over quantity and my question was
Well, is it like public or you guys keeping it private in terms of like when you're gonna keep or like when it's gonna be a public
Like thing for anyone to launch and then on top of that
A bit of a loaded question is even once it is like anyone could launch you said you're still gonna do like those curated type of launches launches as well right that's right yeah yeah so so for that last question that's exactly right we're still going to be doing um some of these curated launches it'll
probably be at the same cadence or similar cadence to what we've been doing so far um we have some
like really really crazy good ones and like really crazy good ones behind us like we've got one that's coming up that has has to do with a you know some people that are that are with
a large television station I think that's about as good as I can say and
then we have one that's this coming in this to do with a political movement
that is massive like huge political movement, tons and tons of press around this thing. I think it'll
surprise people that they're launching their Web3 presence with us, but that's in the works too.
This is a very, very well-funded team. So we're still going to be doing these curated launches.
We're going to obviously be trying to pay attention to having the very best teams that we possibly can.
But, you know, I think that's as good as I can say on that part of the question.
In terms of the timing.
Yeah.
So right now we have the V2, basically the version 2.0 of the website is a much more comprehensive website.
And it's going to have the permissionless launches on it.
We've been told that the audit process has another six or seven days. Right. And so if so what the audit is,
basically, for people who are wondering, it's whenever you have like, we have to pay stupid
amount of money to security professionals to go through every line of our code and make sure it's
secure. So that way, whenever you stake your AOL, or you go buy something, you're less likely to be
harmed by just like an exploit in the system.
But it's extraordinarily expensive.
And it like I don't even want to say how much it is because it's embarrassing.
And it takes up such a big chunk of our of our treasury, to be honest.
But it's so important to get right.
And that also means that sometimes it takes a long time for those processes to work out.
You want to make sure you got the right people doing it.
When that happens, whenever that's finished, hopefully we get their audit
report back and it doesn't have any big problems. If it comes back and there's no big problems,
there's maybe one, two little fixes here and there, then we'll fix those things up and then
we'll get right on announcing the launch of the V2 itself. We'll try to do that within a week or so
of actually getting everything back and sorted.
On the other hand, if it comes back to us, the audit report, and it says, hey, you guys
got serious issues.
Here's the thing you missed.
Here's the thing you missed, which I doubt is going to happen, but you never know.
If that happens, then we got to fix it, which can take an hour or it can take a month.
We really don't know.
I really, really, really doubt that happens.
Our dev team
is pretty effing cracked, if I'm being honest. And they have a lot of experience in this space
and building complicated, much more complicated systems than we have in some cases. And so we
should be okay. But I do want to set the expectation that it could be as soon as, you know, seven days
plus seven days, or it could be it could be a bit we're just
going to make sure that we do it right that's all awesome yeah i appreciate that um yeah i just want
to say thank you again and you know i'll be supporting uh every every token that is going to
be launched and has continued like like i said has been launched and will continue to be launched so
i'll catch you guys all right i really appreciate it and and i see you in the comments all the time
I'll catch you guys.
I really appreciate it.
And I see you in the comments all the time.
You're always very supportive.
I appreciate it, man.
Yeah, no, of course.
I appreciate it.
Have a good one.
That's a good question.
So the good thing, what I'm going to plan for now, Ogle,
is whenever you do those curated launches,
because for some reason,
I think those are going to cook really hard right out of the gate.
I need to turn on you and America phone notifications.
So as soon as that happens, I can quickly buy it. That's kind of where my head's at right now. Well, I actually
don't know, Harrow, if you've met Vesper before on our team, but she just did that keynote out
in Abu Dhabi, which went great. It ran really, really well. I'm not going to lie. I was kind
of surprised at how well it went because I don't know if she has a ton of experience doing this, but it really was a hit. And we, yeah, she's got to go on there because she, she's a little, you know, she's, she's kind of a little bit more looser with the lips. I would say, um, than, than I am at the American fund account. Once in a while, she puts out something. I'm like, what do you, what do you, we weren't supposed to say that. So she's,
once in a while she puts out something i'm like what do you what do you we weren't supposed to
say that so she's that's it's the beg for forgiveness thing right exactly exactly all
right i'm gonna put in putting her on notifications then thanks uh great question chronics let's bring
up um i'm gonna butcher this name but povac povac bell oh bell what's up you're from the community
let's have a bell how
about you ask uh that's why i didn't know you were bell because i didn't look at the second part of
your name uh do you want to spin off a few questions from the community group yeah sure can
you hear me fine yeah you're great awesome yeah i have some of the um upper peninsula is here
you're going to ask some questions well yeah and Yeah, the first name is Kronos.
I know it's Greek.
So that's awesome.
I love, hey, you know what?
I love euros, man.
Me Kronos.
Okay, got it.
Okay, the question I have, Ogo, it's mostly about staking.
I know we had the article out to the end.
We talked a little bit about it, but the question they want to know,
it's more details about staking.
So pretty much how long for three, six months,
if it's locked, any of the information
that you can already share, please.
Sure, yeah, so what I can say is this,
I can give you a couple of things
because I don't really think this is secret
or lets anything out of the bag that's too, too, too, important, but it will give you a little of things because I don't really think this is, you know, secret or lets anything out of the bag.
It's too, too, too, too important, but it will give you a little bit of a heads up.
So I'm personally a fan of of the idea of if you if you show your commitment to something, show your commitment to a community or to a token.
In the form of, say, locking it. Right? So you do lock staking, for example,
I personally am a fan of the idea. And I have benefited from this, as I was saying a few
minutes ago about Stargate, I've benefited from this, I think there's, there's, there's a good
thing that if you say, Look, I'm committing to staking this thing for not a month, but for six
months, for 12 months, for two years, that you get significantly
outsized returns for doing the longer staking.
That's what I'm a fan of personally.
And that's actually how the system is being built too.
So what this does, like in my view, it's a little bit of an equalizer because you could
have a situation where maybe you have a whale and the whale has, let's say, $50,000 worth of whale.
But they don't want to lock it up.
They're kind of, you know, they're like, I don't know.
I want to have access to my 50K in case I need it for whatever reason, right?
They're not showing quite as much commitment in terms of time,
but they've shown a lot of commitment via money, right?
And they should be rewarded for that.
And so they would be because they get a lot of the distribution by, you know, staking 50,000 tokens.
But I think that there's a lot a lot of value in the longer term staking, too.
So in our system, which will release the will release the math of it, obviously, whenever it all comes out.
And some of it's a little is being tweaked a little bit right now.
But the reason it's an equalizer is because you could be someone who has like $5,000 worth of AOL and you still get the same kind of distributions, the same level of distributions as someone who has $50,000 worth.
What you have to do in that case is stake it for significantly longer.
So in other words, there's a multiplier if you do longer staking.
And so this way, people who don't have quite as much money can still get the benefits as if they had a lot of money if they are showing their commitment to the community in the form
of their time in that case.
So hopefully that answers part of the question that was asked.
And let's see, was there another thing?
Just like anything about staking, right?
That's what you want to know.
I'm just trying to think through.
That part is pretty, is I think probably the key.
We have not talked about it. I think it's going to be for my point of view.
One thing that would be cool to notice is everyone likes to know about like lock supply or how much is this or that or whatever.
It'd be kind of cool to see or know or get a regular update of saying, hey, here's how much is locked up in staking.
So you kind of think, man, that that means supply is a little bit more scarce, right?
So to have kind of visual on what that looks like would be awesome.
That's a good point.
And I hope that our team who's listening here takes note of that.
That's something that if we don't have it on the V2 right now, which I'm not sure if we do,
we definitely should have that kind of thing on there.
It shows, you know, we got 4% locked.
We got 12% locked.
We got 23% locked of all the AOL in circulation.
And we know at that point, you know.
And even if it's just a tweet update
every so often, right?
It's a, hey, here's how it's locked.
And so, so you don't have to debit.
That's a good call.
Abel, was there another question
from the community or no?
Yeah, there's one last one.
Oh, go ahead, Abel.
I see the questions that people
already up here on the floor,
they ask themselves.
The next question, actually,
it's being powered by World Liberty Financial
was never a real thing.
The question, right?
So the question asks if your link
to the World Liberty Financial is only as an advisor
and how much of it is tied to AOL.
Yeah, so I'm not sure what tied to AOL means, per se,
from a token point of view,
but I can say that... They want to know if you're
cabaling AOL, Ogle.
Or a lover.
Right.
How should I say this?
If you look at the initial tweet
that Bonk made
that said that... I mean, Bonk talked about this.
I don't have the link to it right now, but you can probably find it somewhere on their page or on ours where we retweeted it.
What they said was that we're the special and curated projects arm of Bonk Fun, the official USD one launchpad on Solana.
Right. And that's, you know, that's the extent to which we
talk about this kind of stuff.
The expectation on our side, because of for various reasons,
was that when the first first announcement came out,
the one that talked about Bonk and Radium and USD1's deal, we were actually
expecting to be in that announcement.
And whenever we weren't in that announcement, there were market cap implications for that
that I think were because people were misunderstanding.
People were overreacting to what they thought was a negative situation there.
Perhaps, perhaps they weren't overreacting. Perhaps it was rational.
But in any case, we were expecting to be in that announcement. We were not. And because of that,
we've had to fight so much of this, what I would call kind of soft FUD, like what Bell just brought
to the table from someone else about there being, you know, like World Liberty doesn't care about
what you guys are doing. There's nothing there. nothing there. It's just not, it's just not the truth.
It's just not the truth. Like before we ever even launched,
I talked about this stuff with the founders of Royal Liberty finance,
like directly we had, I told them, I said, Hey boys, this is what I'm doing.
This is what I'm excited about. This is why I'm doing it. And you know,
they're going home like, like they're into it. And this is back in July. Right.
And so I, you know, I'm not going to talk about like things that are
not able to be disclosed. I'm not going to talk about, you know, private, like precisely
what conversations were had and why they were had and that kind of thing. I'm not going
to talk about that publicly at the moment. But, you know, the relationship is very strong
between myself and that team.
And they're supportive of America.fund.
They know what we're doing.
They're happy about the expansion of USD1 that we brought to the system.
Yeah, and it just brings more attention back to that, right?
So you're helping win with each other.
So that's perfect.
Yeah, yeah. And you can't, yeah, I think people, it's a hard thing too, So you're helping win with each other. So that's perfect. Yeah.
And you can't, yeah, I think people, it's a hard thing too,
is people also hear what they want to hear, right?
But honestly, that's what makes things so fun.
You can speculate on anything and then other people speculate on it.
That's why they say buy the rumor, sell the news.
Exactly.
Sometimes people need to, I actually don't really get excited about much anymore until it really happens after just kind of knowing
where things go in real life and in crypto.
But yeah, I think the connections are all there
and the kind of power is there.
That's called becoming jaded.
Don't tell me you're getting jaded here.
God damn it.
No, I'm not jaded.
You know what I mean.
I know, I'm just kidding.
So if I have good news, I don't tell anyone the good news because I know that something could happen that makes it not good news anymore.
And then I have to re-explain why it didn't happen.
So anyway, hopefully I'm not jaded.
Oh, I accidentally muted everyone. Sorry.
Oh, I accidentally muted everyone. Sorry.
Let's go, Bell. As you field more questions, maybe I'll bring up a couple other people real quick.
Hey, Freeman, do you want to talk now?
I just wanted to say, I mean, a lot of people are, are i don't know they are um let's say expecting
something good before they invest or they want to know maybe we want to know if world liberty
financial is actually behind it before they do and if it's not behind it maybe they want to start
their battle or something so it's actually good i mean most of the information are not being released if it is actually there so that will make
like the game in more fun that okay i'm guessing this for the goodness of it and if it actually
happens that they are behind it okay then my my bet has won but if they're not behind it maybe
hopefully you have invested something you are willing to lose or something like that
exactly yeah exactly and thank you for saying that i mean i think you're totally right i mean Hopefully you have invested something you are willing to use or something like that. Exactly.
Yeah, exactly.
And thank you for saying that.
I mean, I think you're totally right.
I mean, people should invest.
Like, I actually kind of find it a little bit cringe, to be honest, when people are like,
oh, like, let me tell you a story. So I have a friend who has like a very, very hot, like very hot product that's coming out soon.
Like it's super like, like you,
you would definitely recognize the name.
It's a big protocol that's, it's going to be a monster.
And I was talking to the friend who's one of the founders
there and they said, and I was saying, you know,
who all is invested, you know,
what are they coming in on, et cetera.
And they said, well, this is the list here.
We were going to have this person,
but they wouldn't come in unless this other bigger person came in.
This other bigger person did come in, but then we didn't let that smaller person come in anymore.
And I said, why not? And they said, because if they're not investing in us because they believe in what we're doing,
they're only investing us because of this other bigger person being in there, then I don't want them as an investor anyway.
Right.
And I think that I think that I view it the same way.
Like you can invest in things because you believe the product, the protocol, the vision,
the founders, et cetera, to align with what you believe to be is likely to be a good outcome
for you.
Or maybe you don't even think it would be a good outcome, but you want to support that
kind of stuff.
Like, I can't tell you how many tokens I buy.
I expect them to lose, but I buy them anyway because I want to show support to an ethos or to a way of thinking about things or whatever.
I just want to show that there are people out there who care about this, even if I'm going to lose money on it.
And these are the things you should make your decisions based on. And if it happens to be the case that some big person, some big KOL or some
whatever happens to be behind or happens to be involved and you didn't know that ahead of time,
consider that a bonus. But I don't think it's wise to go into something specifically and only
because someone who's popular is affiliated in some way. That's just my personal opinion.
Yeah, I think people need to build their own conviction
and get into it for their own reasons, right?
Like 100%.
And then even speculate.
Like let's say, like back in, you were around for these times,
like back when Sergey with Chainlink, for example,
would have a whiteboard and he had Microsoft written on the whiteboard,
people would immediately lean into
that there's a big, huge Chainlink Microsoft part.
So it's just like pure speculation
and who knows maybe like what if it is true?
What if it actually ends up being real?
You never know.
But so what?
I mean, so let's say that Microsoft and Chainlink,
so who freaking cares?
Like what does it actually matter to Chainlink
if Chainlink is garbage itself? It doesn't really matter matter so like you need to make sure that link the token
tokenomics makes sense you need to make sure chain link the product and actually
there's some people like if they do mention a token it's like i i actually don't want to
like not necessarily i'll build my own build my own conviction for certain reasons.
But totally, it doesn't matter who else is in it.
Like, just get in it because you want to be in it because they have a great product.
They're making money.
Yeah, for sure.
Let's bring up, hey, Upper, do you have anything Upper Peninsula?
Sure. If you can hear me clearly, I'll continue.
Awesome.
Yeah, you're perfect.
So I'm always kind of fast-ing to to competition and um if you're
looking at bonk and pump so it seems i guess in my view possible or maybe likely that maybe bonk
or pump will try to copy some of what aol is trying to accomplish so maybe maybe they're going
to add some what what crip or what uh ogle calls friction, to prevent bots or preventing more pump and dumps.
And I assume there's no way to prevent that from happening.
But is there any kind of like IP or intellectual property or what I'd say, quote unquote, secret sauce that America.fund has developed over the past several months that could be protected?
And when I say protected, maybe legally or operationally, not sure if that's possible.
And then prevent any other new platforms for copycatting America.fund.
Because I'm just trying to see if there's a way to assess if you guys can create any type of moat or barrier to entry for the so-called secret sauce.
And I'll pause there.
Upper Peninsula, it's a great question, and it's one that I think about a lot. Like two things that I think about in the products that I work on that I think are not paid attention to enough is protection.
So like what do those moats look like?
What is what is your insurance look like, et cetera?
And then the legal side of things.
Right.
You know, what are what are your protections in place in those cases?
And I think that insurance and legal,
these sorts of things are very important.
If you're building an actual business,
it's very important you start thinking
about this kind of stuff.
And I can tell you, we have thought about that a good bit.
So to your question about if we were to be copied,
so if some of our concepts were copied by Bonk or by Pump,
it depends. So in the case of Pump,
we don't have a relationship with them. So there is not an inherent...
call like formal intellectual property protection to be able to do anything on that side.
We don't have any real ties over them. And we would need to have formal, what I would call like formal intellectual property protection to be able to do anything on that side.
If it were to be the case that someone were to go and try and get that formal intellectual
property stuff after the fact that we've already made it or we've already discussed in detail what
this stuff is, then they wouldn't be able to get it anyway because it was something pre-existing.
So I'm not worried about someone else kind of front running us on that process.
But it is the case that someone like that, as long as we don't formalize it, could potentially copy what we're doing.
And and I think the space would be better off for it.
close partnership and I've shared from pretty much day zero, a very significant amount of
our future goals, our future plans, what our moat looks like, where we're differentiating,
what does it mean to be a special project, this kind of stuff.
If someone like a partner, someone you've shared confidential information with, were
to do that, then you are actually protected by intellectual property in that
case automatically.
And so that's something I wouldn't expect that Bonk would do.
I wouldn't expect that Bonk would come out and do the ideas that we've talked about or
derivatives of those ideas just for the fact that that's not a can of worms that they'll
be smart to open up.
But I can't necessarily prevent someone from pressing a button, right?
So I guess we'll see a preventative level.
We'll see, you know, we'll see what players do out there.
But I do want to assure you that it's top of my mind very much, this kind of stuff.
I do want to make sure that we have those moats insofar as we can.
And when or if we, you know, get formal approval of that kind of thing,
that's something you can expect we'll let everyone know about.
Yeah, thanks for that because I think if you're successful,
which you already are, but even more successful,
you know somebody's going to try to enter the space and copy it a bit too,
or maybe they're going to.
It all makes sense, right?
But I'm glad you're – obviously, you're thinking about it a lot.
And the reason I brought it up too is the other day you posted something about –
somebody asked about the
AOL legal right to use the name you already got that sorted out so obviously
you're on the legal stuff very well yeah thank you thank you yeah it's
exactly right someone had asked a question the other day Harrow I think
a couple days ago they said hey you know what's what's what's the deal with
America online like the actual company America online like aren't they going to
be upset you guys were using AOL?
And I said, well, I mean, that's something we were concerned about and thought about.
And we have discussed with them at length.
We have we've communicated with the America Online, like actual, you know, like OG company
at length.
And they're supportive of us.
We had a couple of modifications we needed to make.
We made those modifications.
One of those was the logo. You know, you guys saw that we used to have a to make. We made those modifications. One of those was the logo.
You guys saw that we used to have a different logo.
We changed the logo.
And there were a couple of other small modifications,
but we got to the end of that process.
We had several iterations, and we got to the point when they said,
hey, guys, this looks great.
We're excited, and we're looking forward to seeing what you guys do.
And so this is definitely something on top of our mind.
Great.
Yeah, I didn't even see that. That's so funny because i would i would have see someone like me would
have went in blind and be like they don't even exist anymore and they just took it all so yeah
i think it's really important because you're with world liberty too right they're going to be all
above board right they've got to be with regulations so i'm glad you're on that same path hey there
was another question i submitted to bell if you don't mind if i can ask just on on snapshots and staking if that's okay it's up to harrow
his show yeah okay great dude so so on snapshots we have three more hours so it may be oh well you
can't mention this but i think you had mentioned or posted the other day that i think you and
vesper were talking about maybe possible snapshots.
And I'm not sure if that snapshots of the wallets for the AOL tokens, or maybe it's the four ecosystem tokens.
But are you guys still thinking about that?
And if you can't talk to it, that's fine.
Maybe that's later down in the pipeline.
And then if I could, I'll pause in a minute.
But on the staking, I didn't want to mention, yeah, I love the idea if you go in longer
term, let's say I want to stake for a year year that you're going to award people for staking longer.
I think that's great.
There's got to be an incentive for putting your, in a sense, your tokens out there and
locking them.
So there's another platform I use totally different.
That's just for returns like APRs on your crypto, right?
Everybody's sort of Nexo.
It's not Nexo, but somebody else, right?
Well, I just park some money and I do it for two years. And what they have is an early withdrawal fee. So you can still get it, but you have to pay
a fee. And it's pretty significant, but it just helps the company manage their treasury better.
But that could be an idea too. If you want to make people, hey, you can still get it back,
but you're going to have to pay to get it back. That might not be a bad idea. So some people will
still put their toe in. It is built in. Sorry? It is built in.
It is built in.
Okay, cool.
We do have that. That's exactly it. We do have that. It is a, you know, depending upon
how long you have left, that amount is different. But it's always significant. So, you know,
you do have the access, but if you do, it's going to hurt.
Yeah, I love it. I love that idea. So back to the snapshots.
I don't know if you can talk to that or is that something you don't want to say anything because you and Vesper were mentioning it.
Yeah, I'm happy just to say roughly what I said in the chat.
I don't want to give more information about it because, you know, these snapshot things are a little funky sometimes.
But so just a little quick background.
About a month ago, we did a snapshot of AOL token, maybe a month and a half ago.
We did a snapshot of AOL token holders.
Just, you know, just took a snapshot.
And those who had more than,
I don't remember what it was,
it was like 50 bucks worth or a hundred bucks worth
or something like that.
Everyone who had those were given pro rata rights
to claim about $20,000 worth of giveaways that we did.
So we gave people Bitcoin,
because from my own perspective,
I want more people to have Bitcoin in the wallets
and not everyone's buying it
because they think it's not gonna go up so much,
but I think it's actually a good thing.
And so we distributed Bitcoin
to say 5,000 new people in that case
or whatever number it was.
And we also distributed some of the tokens on the platform.
So some Valor, some burger at that point we distributed. Now, I
think that the likelihood of us doing more snapshots of AOL, like
available token holders in the future, I was I would put it at
the close to, you know, close to 100% likelihood. It's very,
very likely. The likelihood of us taking snapshots of people who own money sign US, money sign Patriot, money sign Valor, money sign Berger, I would put it also a very high percentage chance that we're going to be taking snapshots.
Now, what happens when those snapshots occur?
I don't want to really say a whole lot.
I mean, I'm not guaranteeing the snapshot is going to happen, But if they were to occur, I don't want to say a whole
lot about what we would think about doing on the other side. A lot of it depends on market dynamics
and where the company's at and what our goals are at the moment. But, you know, we do want to make
sure that people who support the AOL ecosystem, not just AOL, but also the AOL ecosystem, we want
to make sure those people can see that we also support them back.
Yeah, I love that.
That's great because not just AOL, maybe the four ecos or four so far.
That's really good to hear.
Hey, thanks very much for taking my question and to Hero2 for hosting these spaces.
I look forward to next Friday's too.
I listened in at the burger last Friday.
It was excellent, right? Just really authentic.
I think her name is Naomi.
Really passionate and authentic. I love that space it was very good and
Naomi's a cook so I'm excited to see what they do let's bring it up and then
thanks for your question so hey Vindman really quick just a really quick
Vindman before you ask I just want to say actually Harold I feel bad for you but
because I don't know if you guys
You know joined at the very beginning or not this poor bastard made a typo and said that we're gonna be going from 4 to 6 p.m. Eastern
He meant to say 4 to 5, but I just took advantage of it
I said, you know what? He's no typo. We're gonna do it. And so and so here we are an hour and a half into it
The fact that I'm down to do it so that the fact that you were
You're so I think it's way cool that you're willing to come up it shows how supportive you are to come up
and actually do this
but with that being said
I think that actually wraps up everyone who requested
so maybe after Vindman
if you're okay with it Ogle we'll pop off there
and then chill till next Friday
okay
great, you guys can hear me right?
awesome, Hero and Ogle,
thanks for having me up. I had a couple of questions. I'll try to keep it brief, like you
said. First one, so I know right now, I've been a big supporter of World Lively Financial and AOL
for a while and been really following all the news and the industry, you know, earlier this year, we got the Genius Act and coming up, you know, we're expecting, you know, a market structure bill, whether it be before the end of the year or not.
We're not sure, right, whether it be the Clarity Act or some other sort of legislation through Congress.
I guess this is probably a question for you, Ogil. Do you expect that to have any impact as far as, you know,
is there anything that you guys are uncertain about as far as from a, hey, we'd love to do this,
but we really need to see, you know, you guys are operating in a decentralized environment,
right? So it's a bit of a gray area right now. Yeah. So first off, I want to say, you know,
thanks for your support and everyone else who's been chatting with us. It's been a lot of fun
to hear you guys.
It was good to meet you in real life recently.
It was nice to put a face to a name.
And I hope that a lot of the other folks out there, we get to meet in real life too.
Obviously, I never have my face on videos and this sort of thing for security reasons,
but I am very happy to meet one-on-one or in small groups with people and chat about stuff
if you're ever in the same city that I'm in.
So to your question, I don't want this to sound like a non-answer.
If there's a specific thing that you wonder what our thoughts are, like a specific part
of these things that you wonder what our thoughts are, I'm happy to give my own personal opinions.
But I can tell you that it my experience because
for better or worse i have been involved in the legal system not criminal legal system just to
be clear but i've been involved in the legal system on the uh the civil side i've i've i've
had a number of of um uh you know tussles with people and and and one or two big big fights
including with with with my former partner uh over the course of three years it was a huge deal i've i've learned during that process that um questions around
legality of things around government you know uh like like potential bills uh what should things
be you know how should things be done those questions have to just be guided by the lawyers
have to just be guided by the lawyers and the lawyers that we have in this case,
they really, I think I can say this without any accusation of hyperbole,
they are the literal best possible lawyers who have in crypto. And I mean headed by the literal
best lawyer, I think, probably in crypto these are it just
doesn't get a whole lot better I think than the folks who we work with and so
I would take their advice when it comes down to it on you know what we do
awesome awesome that's great to hear and totally I mean that's that's what I
thought especially as you know again you're working directly with worldly
fi and whether they're directly working with AOL, you know, right?
Like, you can't confirm it.
I get it.
I'm sure a lot of folks, you know, understand, though, can read between the lines.
But one final piece.
I know it came up recently, a newsletter you guys had mentioned you were considering doing for AOL.
And it got me thinking as far as like accounts,
you know, right now we saw with the snapshots, right?
As I think it was Upper who mentioned them.
You know, on the website, a lot of folks who,
you know, are new to crypto,
which I know AOL is trying to like aim towards, right?
Like make it easy to get into crypto
and like meme coins or, you know,
decentralized trading, right?
Do you think there's uh ever uh you know an idea have you ever thought of in the future having you know go and connect your wallet to your account and have your email and log in with
the password and go and you know sign up for said newsletter or otherwise yep so. So I we had a so so as you know, Vesper was just out in Abu Dhabi, right, just for the
past few days.
Carr was there as well.
One of our one of our other team members was also there and they were there doing a lot
of networking, a lot of discussions.
One of the discussions that was had was with was with the biggest company that does this kind of thing in the crypto space.
And so what does it look like? How do we enable this? How do we make that on ramp look good for us?
And so I can say we've had these discussions that we have not announced any kind of forward movement.
We've done, we're not at that point.
But speaking of reading between the lines, we're not we're not at that point. But, but speaking of reading between the lines,
we're not just building a launchpad here. We're trying to do a lot more. And I think that for
that to happen, we have to make it easy for people to get online, we have to make it easy for them to
get on, you know, onboarded. And this, you know, a lot of people don't know this, but glue, which is,
you know, chain that I founded is, is, you know, this is the goal of Glue in the big picture.
And it's something that it's the reason that Glue funded in part the creation of America.fund and why there's why there are buybacks of Glue that occur, you know, as a small portion of the fees is because this is an ethos that across the board.
I personally share. I want to get more people in line. I want them to be safe, I want them to be secure, whenever they get there. And I think
America.fund and some of the things that we're building on that side, are going to be attractive
enough to regular people, that they're going to go through that process and actually come on board.
And I want to make that as easy as possible. So I hope that answers your question. Yes,
it is the case. We've had discussions with people that would make that possible,
including the very biggest one that works with the very biggest companies out there.
And we'll see if we end up going down that road or not.
Awesome. Awesome.
Thank you, Ogil, for answering my questions.
And Harrow, thank you so much for hosting this space.
This was awesome.
Yeah. No, thanks to everyone who asked those questions
because it helps me learn a lot
as well and get some more conviction and then maybe even be able to poke some suggestions
in Ogles DMs that I think might be interesting.
But I think it's all about getting people on chain.
We have kind of an echo chamber and bubble of our own people that are kind of rotating
capital right now.
How do we get people that aren't really in the ecosystem right now in and want them to stay in because they're they're winning which helps
us all win together so i'm going to cap us off there ogle thank you so much for for coming up
i really appreciate you being on this um i'm so excited to kind of do this it's so fun for me
um i can't wait till next week i i am going to be dming a few different people to see if i can
get them on and then we'll get a we'll get a guest schedule going until next week. I am going to be DMing a few different people to see if I can get them on, and then we'll get a guest schedule going early next week
for next Friday.
Hero, thanks so much for having me.
And just really quickly, since I've been calling you Hero,
all the people in McDonough are you Hero,
what is it?
What do they call you?
No, you're right.
It's Hero.
Yeah, Hero.
It's Hero Prince.
Okay, just want to make sure.
That's the last name that Chase has, the founder of World Liberty 5, Chase Harrow.
You know, we nudge nudge, right?
I don't know if you put our voices together, but yeah, it's just Harrow.
Good deal, man.
All right.
But we appreciate you.
Thanks so much.
We'll be in touch in the DMs.
I'll hit you up with some suggestions or questions.
Looking forward to it.
Thanks so much for listening, and thank you for everyone for joining,
asking questions, even those who didn't ask questions.
Really appreciate your support.
All right, take care.
Cheers. Bye. Have a good weekend, all. Thank you.
