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ARE NFTS DEAD?
Recorded: March 14, 2025 Duration: 1:19:39Space Recording
Short Summary
The discussion highlights significant developments in the NFT space, including the launch of a new AI-integrated token standard, shifts in market trends towards consumer experiences, and increased VC interest, despite challenges from competing meme coins.
Full Transcription
Biput
a lot of
G.M or should I say good afternoon for those that are tuning in from the West Coast
here in California.
What's going on, guys?
First of all, I must say, I am super, super excited to kick off today's space.
I usually don't host around these times.
I'll be honest, man.
My Fridays, typically I'm out of here out of my desk by the time it hits like 10 a.m.
But I couldn't resist this opportunity when Star already reached out.
And he asked me, yo, we got to host a space around NFTs.
Our NFTs dead.
And I was like, you know what?
Let's make it happen, man.
So...
With that being said, I'm really, really honored to again have this panel with us today.
And of course, I love to see the amount of friends that are already on this panel here with us.
And of course, guys, I open the panel to many of you down there as well.
If you guys want to come up on the stage, share some takes, share some thoughts around this conversation.
I encourage you hit that request line.
We'd be more than happy to bring people up here.
But first, we got to check in because I know X has been very buggy, but I want to make sure people are audible.
So, and having said, I'm going to go to the guest first.
Star Lordy himself, the CEO of Ony Force.
What is going on?
I've got to get a grand entrance.
What's going on?
How are you doing, man?
It's on.
That's good, man.
TGIF, man.
We made it through another week of the apocalypse.
It's amazing.
Absolutely, absolutely. And look, I don't know about you guys, man, but I just had a nice, nice lunch.
I don't know if everyone here knows what Taiwanese hot pod is, but that is so fire, especially on some cold days like it out here in California.
It's raining, but it's not pouring, but it is raining. But nonetheless, glad to know you're doing well, Henry.
And thanks for collaborating and joining today's panel. I know we're waiting as well on final boss, Kevin. I think...
He's going to join the panel here in just a sec.
But we do have another bozo here with us, man.
Caito, what's going on?
Kato?
How are we doing today, man?
Brother, we are taking over, Kav.
This is a Bozo cook.
We don't care.
That Bozo, Boomer, Bozo, whatever.
He's going to stay out of this.
Let's talk real AFTs, all right?
Let's don't talk like Boomer kind of takes or whatever.
I'm the boss of today.
Like, I don't care.
Bozo Koop.
Let's go, Bozo Cook.
I love it, man.
And Kaito, you posted something very...
What did you post it?
Like, literally, it was an hour ago,
a couple of minutes ago,
that PFP, that BOSU PFP,
I was like, what are those eyes, bro?
That's Kaito from, from Hunter X Hunter.
And this...
Actually, this is a bozo.
So if you're listening now, the artist that did this, he got his account suspended.
And I actually called him out, like, on the S-ranked chart.
And I was like, Bozo, like, don't get your account suspended.
So, guys, if you're listening, don't get your account suspended.
Otherwise, I'm going to get the S-rank roll out of you.
I love that. I pinned it to the top of the jumbo for those that are wondering what the hell I'm talking about.
But yeah, look, I want to get through the intros very swiftly here so we can get right into discussions.
But we also got Andromeda on the stage today, man. What's going on, guys? How are we doing?
Hey, yo, what's going on?
This is Tatted Lawyer behind the Andromeda account.
Super, super hype to be here with you all again.
Star Lordy, my guy, Oni Forst, couldn't say better things about them, one of the communities
in Andromeda, so super, super hype to be here participating today.
Let's go.
Much, much love Tadder, lawyer.
And shout to the rest of the team as well for pulling up.
Look, we got some homies to check in here with very swiftly.
Chin sanity.
Hit us with that intro.
What's going on, man?
Avengers
Assemble
I swear
It never gets old
Never gets old
Yo I like it how like during the intro
Like Keff Bolso just comes up
It's like perfect intro for him
But no guys
Genev everyone
Good afternoon
Good evening
Wherever you were on this wonderful planet
Dude this space I could not miss
I saw it yesterday
I think you posted it
Yesterday, I was like, yo, only force, dude, final ball suit, dude, anime, NFTs, yo, I got to be here.
I got to pull up for this one.
So, yeah, yeah, I had a really interesting morning, actually.
I was hosting a space for a friend for a project.
And then, you know, I do what we usually do as space hosts where we play tunes and stuff.
And I played my Avengers intro.
And literally during the Avengers intro, this person got like, I think maybe impatient.
And they're like, can we start now?
I'm like, uh, okay.
Hi, GM everyone.
Wow.
Dude, it was crazy.
I hosted 100 plus spaces by now.
That's my first time I've ever got interrupted with my intro.
But there's a first for everything, right?
So we got to, you gotta tell us the username, man.
And tell him, look, man, this is a part of the show.
If you don't like the music, if you don't like the intros,
Get out here.
Get out of here.
This is my panel.
That's what you should have said, Chin.
But look, man, nonetheless, really glad to have some homies here with us today.
Many of you are busting that request line.
I'm going to try and fit in as much as possible.
But look, let's check in here with Xceed on behalf of QA.
Exceed what's going on, man.
How are you doing?
Oh, come on.
Don't make me pull this out.
Ah, exceed, bro.
Come on, man.
Wait, I have another sound.
Ah, he dropped off from the bat.
No, I'm just kidding.
It's probably an ex-issue.
Again, I just like to make fun of people that can't connect,
even though I myself, maybe that will bite me in the ass later on this week.
But look, we got to say, what's up to other homies?
Zio, what's going on, Zio?
How are we doing today?
Okay.
Yo, you were close.
You were close.
You're close.
I'm well, dude.
I'm well.
Dude, I was looking forward to like hear from XI, but I guess.
I'm well, dude.
I'm well.
It's been, dude, I, I'm dealing with fucking storms in Portugal, bro.
Like, it's been raining heavy for like the last three weeks.
So that's what's up.
Damn.
But everything's good as opposed.
Amen. As long as you're safe, Zio, that's all that matters to me, brother. Stay safe out there, as all I'm going to say. All right.
Yeah, I'm safe, bro. I'm just like drenched, you know.
Well, we're all chronically online all the time, right? So being at our desk is probably the safest environment that we will ever be in. So 100%, bro. Let's take it here with Xceed. Exceed. Do we have you now, brother? What's going on?
Yo, yo, yo, sorry.
I couldn't hear anything before, so I didn't know what's happening.
I was just cooking you for a sec, man.
You're good.
Bruh.
Yeah, um, don't y'all right.
I just saw the space after I woke up.
So I guess I joined you now.
You know, so here's the thing, man.
I always host brick by brick at like 10 a.m.
My time.
But then I realized like there's a like four.
Yeah, there's like a whole ass other time zone that I'm not including when I do my spaces.
So I'm like maybe it's time I start switching things up for a little bit.
Just to cater for you guys.
You know what I'm saying?
So I don't know, man.
Maybe a Star Lordy, we turn this into like a biweekly, maybe like a once a month show or something.
Man.
Maybe the.
The community.
Oh, let's do that.
I'm down to.
I'm down.
As much as many opportunities I could hear that intro, I'm in, dude.
Let's go.
I love it.
I love it.
All right, Matt, a couple more faces.
Mack, what is going on with a beautiful Onyforce Ordinal, man?
What's going on, Matt?
How are we doing?
Yeah, what's up, boss? I just come up to support the homie star here and pin some tweets up as he's talking a bit later on, make sure the boys are vibing out. Also, good to see some old friends up here. Dude, nine year for years now. So just coming up to vibe out, man. Onlyforce's got some serious stuff cooking and, um,
interested to dive into this conversation hell yeah hell yeah man we're gonna get right into it
mac much much love for it and again appreciate all the guys that are you know making time to be here
on today i don't know what everyone's friday's plans are but seems like crypto twitter never tends
to get off twitter man so uh we'll keep it that way um got to say what's up to raja real quick
raja what's going on man welcome to the panel how are we doing
Hey, hey, everyone.
So, this Raja, happy to be here and excited to chat with you all about NFTs today.
So the topic is so exciting that I stayed up for this.
It's already 11 p.m. here.
So I'm curious.
Oh, that.
Raja, you have a family?
You have, like, wife and kids?
Yeah, man, three kids and the wife.
I was by to say, I hope the misses isn't too mad at you for staying up this late.
Like, what is he doing in his office at this time?
Talking to these people.
She is...
Yeah, she's asking this already three years as I enter the space.
It gets weirder and weirder.
A shout out to all the supportive partners of us crypto bros that are just online, damn near every single day, but they understand.
So shout out to all the supportive crypto bros out there, man.
Let's see.
A bro, what's going on, man?
Welcome to the panel.
How are you doing today?
Oh, come on. Don't, don't make me. Don't make me press it. Don't. Oh, oh. Oh, no, no. I think it's an ex. Bro, just drop off from the panel. Drop off from the panel. Don't worry. I'm not going to play the sound effects on you. Drop off on the panel. Hit the request line. I see you unmuting. I can't. Oh.
Got me?
Yes, sir, there we go.
Let's up, guys.
What's up, fellas?
What's up, boys?
I see Tatted up here.
We got Star Lordy.
Got a good crew.
Got a good crew.
Oh, amazing, man.
Appreciate you swinging by today.
And look, guys, again, this is literally a space in all space.
This is an awesome collaboration here with Oni Force, Final Bossu, and, of course, the amazing
community that we have here on today's panel.
And look, guys.
I myself as a space host, I'm cool with raising hands.
I'm cool with people unmuting each other.
As long as we're not cutting each other off aggressively is pretty much all I ask for.
So if any given point, y'all want to say something, just say it.
Of course, find the right pocket.
But look.
I want to redirect everyone's attention to the top of the jumbo, the first slide on the right.
Show some love to that space link, man.
Let's blow this up.
Share this in the group chats.
Let's keep this going.
But look, I do want to allocate some special amount of time, though.
I just at least a couple intro minutes here to Star Lordy, because StarLordy, like what Mack was saying, man.
There's some cool updates going on around Oni Force, and I feel that it's.
perfect time right now.
Just kind of intro us and start off today's discussion with what are we looking at in the next
couple weeks, months, maybe the end of this year.
Star Lordy, what are we looking at here, brother?
Go ahead.
Well, NFTs are still going to be dead.
Is that bullish or bearish?
I can't tell.
Dormant.
We rebranded it.
No, sorry.
We're rebranding.
Dormant.
They're not dead.
It's too inflammatory.
Dormant.
I like that.
Is it going to be a light bulb?
It's like there's a, at some point we'll reanimate some of these corpses of NFTs and bring them back to life.
But I think for Onyforce in particular, I mean, just like every other project here, it's like we're just trying to, um,
Keep up with the chop of the market.
I think it's been, you know, a journey this year.
We had kind of like a lot of bullishness and hope and then
Melania came and then, you know, boo, and all these other meme coins came and fucked up our NFTs, man.
These meme coins ruined NFTs for us.
It wasn't the NFTs fault, or was it?
I don't know.
We'll have to discuss that today.
But the meme coins definitely came and stuck a fork in us.
And everybody was like, NFTs are done.
No more to look at here.
So I totally didn't answer your question.
Only.
I like it, though.
I like it.
I just went on my rant.
I just been waiting to say this for fucking all my life.
I can tell.
This is like pets up energy, huh?
I know, dude.
Because I love NFTs, dude.
And to actually, to answer your question, you know, I have, I did math, actually.
And I was a little bit.
shocked because I realized that first of all for the past three years I think I've averaged six hours or less asleep you know for three years at least and but then I also realized like I've been obsessing over JPEGs for over 15,000 hours of my life.
Like, no joke.
Like, JPEG.
This is why I am not the cool cousin at the Christmas get-togethers anymore.
I'm the loser now.
I do the JPEG stuff.
Like, how's that crypto stuff going?
Dude, I'm not joking.
My dad, after three years, he's still, every time I see him, he looks at me and he goes, you know,
I still don't know what you do.
I'm like, okay, I can't.
I show, I pull up everything.
I show him the PFPs.
I show him the R.
I show him the comic books.
And he's still like,
You're not rich, so I don't know what you do.
I don't understand this.
And so...
As an Asian myself, bro, I relate to you, man.
My parents are like, why aren't you become a nurse?
Why aren't you a lawyer?
Why aren't you?
Like, Dad, Mom, I want to be a space host.
No, I'm just kidding.
I just want to be...
Okay, at least you get to be cool, like an influencer.
When you run a JPEG project, you're like, when I go meet, like, other, like, DCs or Web2 tech people, and they're like, oh, what do you do?
And I'm like, oh, I run an NFT project and they just, like, immediately start looking the other way.
Like, oh, so, yeah, there's that buffet over there?
What's going on?
Yeah.
So, but, but I think, you know, what I am excited about what's upcoming is the fact that, you know, we did announce that we are launching a new token standard for NFTs, which is AI NFT, 721 AI.
What?
What?
It's huge. It's actually the results of thinking about JPEGs for, you know, three years straight and wondering, you know, what are these things? Why are they these static, liquid, worthless paperweight? They're not even paperweights. They weigh nothing. They do nothing for you. There's no utility. And other than our lovely PFPs that we get to flex on Twitter. And now I think...
What's happened is like with the AI agent boom, I think it gave us a lift the whole space where it's like a lot of people are bullish on AI and like the merging of AI and blockchain is really beautiful, right?
Like it's meant for each other.
But.
Yeah.
I notice most people are really obsessed with like the rappers, the landing pages, the virtuals, you know, but I think we went the opposite direction as like, okay, what can we do for NFTs?
Like, how can we make these JPEGs more valuable?
Because that's all the community cares about.
It's like, I've fucking spent this money on this fucking JPEG and you promised me it was going to go to the moon.
Why is it not?
Giving me generational wealth.
What is going on?
Yes.
How do you make it go higher?
And with this new token standard, it's like, I mean, we could dive into it later,
but you will now be able to have your NFT interact with agents, any AI agents or APIs or websites
that are off-chain, bring that data, metadata, and results on chain.
And even things like tokens and stuff.
And so you can start...
collecting value utility that is tied to your NFTs,
which is going to be a whole game changer for many industries.
And also what's beautiful is like any ETH project or EVM compatible
is going to be able to take advantage of this technology
because we're also going to open source it.
So, yeah, it's going to be huge.
So we're trying to...
This is bigger than OniForce.
This is like this is about NFTs.
This is about EVE.
Hell fucking.
Yeah.
So pretty hyped.
And honestly, like, Star-Wirty, this is just one of those things where I'm like, you know, I feel it's not an issue in the NFT space, but, you know, the utility I feel is so gate kept to like certain projects and nothing wrong with that because that's the whole point of exclusivity, right?
But if we're talking like.
A rising tide lifts all the fucking boats.
We need a product that just fits everybody, you know?
And I would literally love to, again, maybe we can host another space around this.
But seriously, that type of token initiative, if this is going to be the new token standard
of how we interact a little bit more deeply with our entities.
Look, man, I fell for the fucking Metaverse 2021 vision.
You know, guys, you guys remember when like-
I thought we were all going to be flexing in our.
That's what I'm saying.
Instead, I'm just in my bedroom.
It's not a mansion.
That's what I'm saying.
I thought Decentraland fucking sandbox was like, oh, hell yeah, I get to rock my tasty
bones in a 3D world and I got to fucking be this guy.
Bro, hell no.
Way fucking off that, that fucking target, bro.
And I love what you said, Henry, about like AI because...
I think AI agents and even like V2 being per se, right?
Being able to rock your avatar on stream.
Like, bro, this is how we represent the digital identity.
And I feel like in this past couple years or so now, we got lost in the sauce, bro.
Mead coins came in.
You mentioned Libra.
You mentioned all these other Trump coins, et cetera.
And attention and liquidity just spread far left and right.
Right.
And so I feel like, and maybe this is like a good starting point here, right?
It's just like,
comparing what the fuck we dealt with in 2021 and where we are today.
And look, I actually, I don't have a, I honestly, guys, and be honest, I don't ever have a structure whenever I host spaces.
Everything I do is on top of my mind.
But I did have one thing, at least one thing I wanted to at least hone in on.
And it's just this idea of, you know,
When we think of 2021, and at this point, I'm so tired of this constant comparison of like, bring 2021 vibes back.
We want the culture back here.
They're never coming back.
It's time for a new way.
We must make a pilgrimage to Eden.
We have to move forward.
Exactly.
We have to find Zion.
Yeah.
Okay, first of all, I'm hosting this space standing up right now, so I feel like I'm giving like a TED talk.
But anyways, like, when I think of this, right, this conversation of our NFT's dead.
I think like on paper, if we're looking at the metrics, like volume liquidity,
then maybe, yes, it's not like as big as it was 2021, right?
But I also look at NFTs, like, they're not dead in the sense of this appreciation
for what they are and how they represent us in the space, right?
Like, there's a reason why some of these IPs, I mean, Only Forces is one of them,
Final Bossu as an emerging project, right?
Like many of you guys hear that, even in the audience where you guys are all rocking JPEGs,
And there's a certain reason why you are rocking them.
And it's this emotional value.
You can never put a price tag on emotions, right?
So when I look at it in this perspective, entities are not fucking dead.
And matter of fact, they're still very much alive.
And it's this moment of this boom that I feel, this burst of this bubble that we're waiting to kind of see and happen.
Right.
So I feel like that's kind of just been my sentiment on like our entity's dead.
I look at it in two lanes, like maybe on metric wise.
Yes, numbers may not be fucking exploding.
But vibes, culture, appreciation for what they are, 100%.
They are going through the roof.
You know, so look, I'm going to shut the fuck up.
We got some hands up.
I do want to hear some people hearing their takes.
I want to go to Andromeda first, and then we'll work our way around this room, man.
What's going on?
Hey, hey. First off, love the conversation so far. First, I just want to ask Starlordy, is your dad and my wife the same person? Because my wife has a lot of those same questions for me sometimes.
Cut from the same cloth, clearly. Cut from the same cloth. Right, right, right. But no, I just wanted to kind of go through a few things because people do talk about NFTs being dead a lot. And the first and foremost, 2021 will never come back because...
hopefully will never be locked in our houses, apartments,
et cetera, for an extended period of time again
in another type of global pandemic
when everybody is
just desperate for human connection.
I don't think we're gonna go through a time like that again,
at least anytime soon, please, please, please.
But with that being said, that's why 2021
can't come back the same way it is.
Now there's so much content out there.
It's kind of like when TikTok first started.
Anybody could go viral because there wasn't a lot of content.
Now there's so much content out there that it takes a lot
to reach the eyes, to reach the eyes of the consumer.
So is our NFTs dead?
I don't think so.
And whenever I hear people say that, it reminds me
of all those people in every single cycle that says crypto's debt.
In 2020, everybody in their mother was saying crypto is dead.
And we had the biggest bull cycle of all time in 2021.
So to hear people say, you know, it's dead instead it's dead.
You might not just understand the adoption curve for new technology.
Because if you guys remember in the first place, NFTs were contemplated
for gaming. CryptoKitties was supposed to be a game when it first launched in 2017. So gaming
right now, I personally think is thriving in NFTs. I think that some of these NFT token economies
are doing the wrong thing. But like if you get back to the bare bones, what everybody thought
NFTs would be, they'd be ownable assets on chain that you can trade across back and forth
with people.
And I think the games that are doing that are succeeding.
I'm going to use Nightcrow's as an example.
They're doing that.
They're succeeding.
They made $140 million of revenue last year.
They are succeeding.
So it's like our NFTs dead in the way that they are in 2021.
Absolutely.
But our NFTs dead as like an entire niche or an industry?
No, not at all.
And I will say super, super hyped to have Oni Force and their NFTs as playable characters.
Woo!
in Andromeda's video games.
So just right there, we can already say,
NFTs alive and well.
Let's talk.
Let's fucking go.
And what they want to add very quickly, right, is, like,
you mentioned CryptoKitties, and they were supposed to meant to be a video game, right?
Like, and Starlordy mentioned here of like this new token center of,
of incorporating AI.
I feel like the success of NFTs...
is almost like relying on this backpack of other emerging tech, right?
So this is why again, maybe AI X NFTs might be that combo because of the unlocks and the possibility and the potential of what type of products we're able to see with.
that. And the best part about it too is I feel people outside of this space are probably a little
bit more keen to learn a bit more about AI versus like, hey, this is an NFT project. You know what
I'm fucking talking about? Like, you know, like you have a wallet, right? No. Oh shit. What's a seed phrase?
You know what I'm saying? So you avoid so much of that confusion, that complexity by kind of backpacking
and writing off.
I guess the quote-unquote success of these emerging texts.
So I love to take their endromeda.
Kaito, what's going on?
I want to hear from you.
Well, can't hear me because I had some connection.
Yeah, you're good.
Yeah, you're good.
Okay, good.
Kev, you see, he called me.
He didn't call you, Kev.
You see?
That's what I mean.
Like what I mean?
This is the Basukup.
No, but jokes aside, look, the thing is we all grew up with a certain culture, right?
And a certain context, cultural context, geographical context.
And it's the same with NFTs, right?
2021, 2022, whatever like it is.
it was a different context, right?
Like, people was, like, having a view of, like,
I'm going to drop a collection and then we will see what happens.
And you see a common trend in the best brands,
which is attacking the outer worlds,
attacking the world, sorry, beyond WebTree, right?
And that's what new NFTs needs to do.
So when you are dropping an NFT collection right now
in this social, cultural context for NFTs,
you already have to start thinking,
beforehand, before mint, whatever like it is, before launch,
about, okay, how I'm going to attack and expand towards...
New horizons, right?
And that's the key goal that I think that many builders should look at.
Like it's no longer like, oh, I'm going to drop a NFT collection
and then we're going to see what happens.
No, no, no.
You have to be very clear on what you have to do, what you want to do.
Otherwise, what the hell are you dropping an NFT on me, right?
So in that sense, from the DGEM stand of point, right?
From the point of view of, you know, external people of our space, right?
You know, guys, we can talk a lot about it, but like we all know.
NFTs that won't look as NFTs to the nominees, right?
They will look as cool things, as cool membership things, as cool, like, digital items,
as cool digital products.
And that's what it is, right?
You don't call it presale, call it pre-order.
You don't call it no more like NFT, call it digital collectible.
But it's not about how you call it.
It's about how you start thinking it.
You know, I had like a discussion with someone because, you know, about pre-order and pre-saves, for example, and pre-sales.
Like, if you change the name to something, if you change the name to something, you change the perception of that thing, right?
It's not, it's not bullshit guys.
Like, it...
I'm going to give you a very short example on history.
Actually, not even on history, right?
Right now it's happening.
Like America, you guys, USA, guys,
you want to call the Gulf of Mexico,
you want to call it Gulf of America.
You will try to erase that memory of Gulf of Mexico
just to get...
that's golf, right?
And the same thing is all the dictators of shape in the world, right?
So that's the thing.
It's conception, its perception.
So at one point, we will need to get detached from the NFT kind of like thing and get
like with digital collectibles.
Azuki, for example, with stickers or Pagy Penguins with toys on Walmart, right?
man is a different cultural context
he's never gonna come back the 2021
if it comes back on your discord
you should think twice before calling it
like oh look at the vibes on my discord
oh yeah I have like thousands of people
that thousand of people 99%
is fucking grinders so just
check it out. Real fucking shit though bro
those discords end up as ghost towns
anyways um dude another
product I want to highlight man the only fours
comic yo they were
showcasing that um and maybe
Henry, you can toss it over to you for just a little bit on this, right?
Like, I think on a space a while ago, I was speaking to you about, like, the Comic-Con event that you guys were at, right?
No showcase of NFTs, just strictly products that make sense.
Maybe Star-Lorder just to give us some more insight on that, man.
Like, we'll love to hear your thoughts on this.
Yeah, I think for our type of project, which is IP-driven, I think, you know, you have to...
create stuff and you have to deliver stuff and so our comic book was very special to me because it was actually
a community-led comic like literally
We had an NFT pass again. This is where you know
NFTs are not dead is like we created a membership pass where it's like it was a freemint
But it was it was screened like you had to ask for it and it was like people who actually care about the lore and the storytelling of only force and
And every week we for like two, three months, we got together and like picked a PFP out that we want to develop as a character, gave him a name, a backstory, a purpose, a...
girlfriend, you know, like all that sort of stuff, a journey, and then ended up hiring a really
amazing writer and artists to bring it to life. And then, you know, our publishing partner,
like, helped make it into like this really premium experience. And I think the reason why it's
relevant for NFTs is like certain types of projects, uh, like Cato was mentioning, like,
Pudji or Zuki or stuff. It's like,
Proof of work is kind of like proof of life.
You know, like, hey, we're still here.
We're doing stuff.
And so for us, I think we want to really dominate in the lane of comic books
as making like the best stories in the world that are, you know,
this is the first like true decentralized storytelling platform that we're trying to build.
And the comic is like a manifestation, you know?
I'm actually hosting outside of like my typical office.
But if I was there, I would pull up the comic book.
Because bro, the fucking, the amount of details in that comic, man, is insane.
I love how, first of all, you're including a lot of the IP from the community.
Again, just a storyline in general.
I think this is exactly a great example of a product that just resonates, right?
And something that Kevin from final, I think Kev had to handle some things really quickly,
but he'll be back.
But something that he mentioned on a space and resonated so deeply with me was,
You know, especially in anime, he said, that it's not about meeting your fans like halfway.
You have to go where they are.
Like, there's no bridge yet, right?
And we have to kind of just go where they are, give them products or experiences that they're already familiar with.
And I feel things like comic books, man, like even a manga per se, maybe even it's a short web tune.
Anything that just comes off as familiar.
I think we're slowly starting to get there, right?
So I love that.
Mack, I'm going to toss it over to you, brother.
What's going on?
Oh man, we've kind of moved into comic books.
But one thing that Kato did just say before, he was saying like nostalgic vibes of
NFTs, but you need to plan out your post-launch strategy and content and all of that jazz.
Man, this is 721 AI.
Perfect example of why this is going to be so game-changing.
It's like you may be super dev-heavy.
You may be like...
super technical and you may not have the content to follow up your mint. So lean into it, come and use this token standard and like showcase what the space can be for devs. Because this is what AI is all about. Like it's it's literally the onboarding saga of all the missing parts to web three that we haven't had until this point in time. So like.
When I was watching AI Tokens Cook, I was sort of skeptical at the start.
I was like AI agents, they're pretty cool, but are they like the next biggest deal?
And then I really started looking into it of what they could be.
And it totally makes sense exactly like Henry saying.
Like post-launch, it's a way for your NFTs to be ever evolving.
And it's never going to stop.
Dude, this is 2025.
The tech's just getting better, better, better, better.
and so can the NFTs from now on.
So this is like the game-changing point.
It's like the tipping point where we may have just found exactly what we've been looking for.
So I hate to throw it back.
Definitely going to bullpost the comic from this point onwards,
but I did just want to say, man, like, Keito, you can definitely be thinking about that as well
because, you know, it only takes one plugin and your NFTs just evolved.
So, wow.
Dude, imagine if like a Bossa NFT starts hosting spaces.
No, I'm not going to let that happen.
Kevin will definitely not show up.
He's like, yo, I'm on the beach with my family.
My voice is on point.
It's all good.
We are recording you right now, Bossa.
We are training a model and we are going to be deploying Bossa NFTs on our token.
No, I'm joking, good.
Yeah.
It's like, all right, five, six, Filipino kid.
Sounds like he's like 14 still.
No, man, I love it.
I love it.
I'm excited for that shit, but I really would love to know more.
Let's go to Zio here.
Zio, we'll love to your thoughts on this, man.
Go ahead.
Yeah, yeah, dude.
I mean, firstly, like, the panel is dope as fuck.
But yeah, dude, I miss 2021 vibes.
I'm not going to lie.
I know it's not coming back.
I know it's mostly just nostalgia, right?
But man, that was a vibe, dude.
Because like, I mean, yeah, I love, I love certain meme coins.
And I, it's part of the crypto culture, really.
So, you know, I'm all for it.
Zio, Zio, McAwewaf.
Was it a vibe because floor prices were going up and people were making money?
Or was it really just purely vibes?
You know what I'm saying?
Just a genuine question.
I think, just a genuine question.
Yeah, for sure, dude.
I think a bit of both.
Firstly, like, I don't know who was making money because I wasn't.
But, like, to be very honest, retweet, retweet.
Yeah, man, like, I'm from Asia as well.
I'm from Asia as well like I was I mean you know I spent most of my time in
Europe but I was born in Pakistan right so my dad and my parents also just like yours
do not know what I do and they always questioned that and when they did figure
out like you know I was showing them my art and stuff like that and they were like
oh so you're like a you're like a crypto influencer or something and I was like
yeah like exactly like that but instead of making money we lose it you know
So I just, dude, I just like for me 21, dude, like, I think what was cool about it was that they were a lot of people who were like, you know, making money, losing money. It was all kind of like the same thing. But.
At some point, dude, like most communities, like most people just didn't care.
And I think that is also the case for very few meme coins right now.
Like there are very few meme coins with the holders do not care about the chart.
And to be very honest, dude, like, this is what I'm going to say.
Our NFT is dead.
It feels like that, right?
Like that's the elephant in the room.
But I think it's a good thing.
Because when it was new, everyone was buying everything, right?
And I think the main purpose for that was like, oh, we're going to flip this, right?
Like that was the general consensus.
But I think now that the dust has settled, you can already see that, you know, we're just looking for something really fresh.
And it doesn't always have to be something with like crazy like staking or whatever.
Like you said, it's a very emotional thing as well.
But I think just something fresh, just something cool, you know, that's what we're looking for right now.
And I think these these conditions actually give birth to that, right?
Like, because when no one's talking about NFTs, only the builders are going to be there because for the others, there's no ROI to be there in the first place.
Real shit.
I'm going to ding that. Hold on one sec.
There we go.
Dude, Zio, definitely on top of it, bro.
And to even out on, right?
I know people are in this space to make a bag.
But guys, I promise you, you are probably better off with a nine to five for like six to eight months versus like trying to trade these JPEGs and meme coins and just running back your bag back to zero.
Am I talking about myself here?
Maybe.
But look, I want to emphasize that, though, because...
People who come here with this monetary like a tunnel vision mindset of money only,
bro, you're missing out on the whole point of NFTs and you're missing out on like a huge chunk of the pie that I feel is, you know, it's there.
But people are just so, they just see a price tag all the time, right?
I mean, dude, one of my favorite projects recently that success we sold out.
Good vibes club, bro.
GVC, man.
Yeah.
First of all, they have changed my mind on 3D art.
I used to have such a pessimistic point of view on 3D art because if you were here in 2021, hate.
What else, bro?
Name me some 3D art collections that are no longer here and relevant.
Like, that's exactly why I was bearish on 3D art.
And GVC fucking turned that around.
Okay.
me, you know, and that to me is a collection of, like, yes, there are 2x above their mint price,
but if we're talking 20, 21 comparisons, you're not fucking 10, 20, 30, 50x above, and that's
fine, right? People buy this shit because it's dope. If you look at the collection, it's dope.
You know, so I feel again, Zia, what you're honing on here is like,
I want people to appreciate the culture more, right?
And maybe this is just a matter of experience.
And people will get fucking burnt in this space, man.
Like people who get scammed, dude, I got drained two weeks ago.
I fucking took that shit on the chin and I was like,
I'm just going to fucking move on and keep doing what I'm doing.
You know what I'm saying?
Now,
I'm not.
Is that the same response for most people in space?
Maybe, maybe not, right?
But again, man, the the monetary value is just one lane of this crypto stuff.
There's so much more out there.
Look, let's go to.
Well, that's crazy.
That's crazy boss.
Like that highlights Web 3 security.
I think it's like a huge thing that's brushed over far too heavily in this space.
Yeah.
And like if you if everyone's listening down here and it's bear market vibes go and freshen up your security
Go go and do it right now and also good the good vibes club dude those guys built for three years solid to do that man like that's that's that's a show like that's putting on it and
And people don't fucking know that and that's I mean shit Mac you look you put me on right there. I didn't even know that too
But what does that say about like the grifters right if you see a project guys that I
It's randomly popping up in your timeline has like 50k, 100K followers and you never heard of the team before.
It can guarantee you that shit is most likely a rug, bro.
And I'm speaking again from just experience and the standard of what we kind of seen and evolve in this space.
So keep an eye out for that type of bullshit.
Look, let's go to Chin. Chin here.
Chin, what's up, bro?
Yeah. No, I really love the takes here. And I just want to make a quick observation, like about the space in general. Like right now we have a
live 127
tune-ins on a Friday night, right?
Let's go!
I think the point I want to make is because
dude, NFTs, just to answer this question,
I mean, obviously it's no, right?
But from a practical standpoint,
like look at like what's going on right now.
Like we're on this space.
We're talking about this NFTs.
We're having some amazing builders and creators here.
And even in the audience, too,
I see a lot of people I recognize.
And I don't know about you guys, but like,
Yeah, it might be, NFTs might be different from what it was in 2021.
But hey, I feel like it's not only still here, like,
I think we're building for something new, something better than what it was in 2021.
Now, would it result in floor price?
I don't know.
I really don't know.
But what I do know is like the technology, the underlying technology of building brands,
stuff like that, gaming, stuff like.
It's going to be here and grow.
And there's an interest in demand for it.
Because again, we're on like a Friday night people or Saturday morning, some of us.
people are still tuning in to the space so i think i think i'm very i'm very bullish i just want to
make the observation just to see so many amazing people here on on the space a solid
yeah can i can i add to that bosa like just a little so i think that's that's a very cool take
about you as well man because if you notice dude like all these people who are showing up to the
nancy spaces right now like i said they don't have the same r oi they had in 21 right
They're here because they genuinely love the culture.
This is kind of like, this is this is like digital Comic Con kind of shit, right?
And I think this is cool, bro, because I think the ratio from traders is moving to holders.
I'm actually seeing, I don't know what you guys are seeing and I would love to hear that.
But I'm seeing a lot of small NFT projects like sell out constantly, like 400 pieces, 500 pieces from artists and stuff.
and I'm seeing this like rise in sentiment of collecting art.
And I think this is super cool dude because if you look at the Solana meme coin thing, right?
Like most of the meme coins that were like hitting, you know,
crazy millions and billions of market cap they're down but now the ones that are going to rise they're truly going to be from a collector perspective right and i think we're lucky that nfts have already faced that because now i feel like it's just the people who are getting into nfties they actually know we're just doing it for fun we might sell it for more we might not and that's what we want we want people who are just in it for the culture
And then whatever happens happens.
That's real, man.
And dude, the Salana trenches, bro, that shit fried my dopamine receptors, man.
I don't know about you guys if y'all ever trade meme coins like that, bro.
But oh my gosh, bro, that shit burnt me the fuck out.
out, man. I'm not even lying to you guys. Like last year, I think September, um, I took like a two week break from space hosting.
Not even because of fucking spaces, bro. It's because of fucking meme coins and what they did to me.
And I'm like, bro, I can't have this ever again. Like that experience of like this bump, I don't even know what the fucking word is to describe it.
I was just so like out of it. And I was like, dude, I hate this. You know, but man, it's like a, I don't even know what I describe it, bro. It's like you can lead the, the horses.
the water but you can never force it a drink bro i was sipping the fuck out of that water man and i was
getting drunk off the off the water um but look we got more hands here but really quickly
chit i appreciate you highlighting how many people are in today's space because bro for this
amount of numbers man on a friday
Yo, appreciate every single one of y'all that is shown up in today's space.
Again, this was a very, very, so far, healthy, insightful conversation.
I encourage people, again, redirecting y'all attention to the top of the jumbo.
Show some love with that space link.
You already know what to do.
And I'm already ideating on more spaces that we can do here with Oni Force and many of the other brands that are on this panel.
But let's keep it going.
We've got two more hands up.
I'll go to Raja here.
And then I'll toss it over to my good friend Randy after.
Raja, what's going on?
So hey guys, what an amazing and fun topic here on the Twitter space.
Yeah, so I was prepared to talk about our NFD's dad, right?
And just want to give my two cents to the topic.
To be fair, I am biased.
And just because I want to believe it because I have to believe it.
So I'm building a product in this space.
And let's be real as a founder.
I wouldn't invest my time, energy and resource into something that I thought was completely dead.
So that wouldn't be rational.
So launching an NFD launch, but in this market isn't something you do on a whim.
And it's a calculated decision on my side based on where I see the space evolving.
So, Andromeda just touched already on gaming and the 2021 hype cycle, so I won't repeat that.
But I do want to add something to the conversation where we are seeing a shift toward the utility driven NFTs.
So especially the digital identity and the real world as a tokenization.
It's no longer just about flipping PFPs.
It's about long-term engagement and ownership and functionalities, right?
And speaking about the digital identity, Bowser, I remember Twitter space just yesterday or day before, I think, where you were talking about memes and memeability.
And that's exactly where digital identity plays a big role.
So if I scroll through this space right now, I see a ton of fictional characters,
characters that are memeable and fit into a story and can be part of a bigger narrative.
And that's a huge advantage NFTs bring to the tables, in my opinion.
Yeah.
I love that.
It's the same thing we see in gaming, and you dive into a world, and that's where I see a responsibility for future projects.
It's, in my opinion, it's not just about launching random characters into a market.
It's about building an ecosystem around them, a place where people don't just own an NFT, but feel like they have a digital home, right?
And as we have all seen, it's not the metaverse.
So I think projects have the...
Yeah, they need to build something for that.
Yeah.
Now,
and,
just,
just to,
just to quickly add in because you mentioned something in,
in your early half of your take of like,
founders building a product.
And where my mind
I went to was like,
I feel really bad for founders
that like are building a product
that people,
when they see it,
if it doesn't pump their bags
or if there's no like up only feel to it,
then why should they care?
And that is such a huge issue in the space
because,
you know,
Again, I host so many spaces around like product market fit and figuring out like, well, what is it that this NFT space is lacking?
And I love how Starlord, he opened up today's discussion around this new token standard.
Right.
Now, like, I would coin that as like a solid product market fit for a global economy of NFT projects, right?
Like this isn't just strictly for ONIFRs per se.
Now, this is what I'm saying, man, it's so in my point just by budding in, don't mean to cut you off.
I'll pass it back to you here.
But it's like, I feel bad for founders that spend so much, like, time and effort on a product.
But then by the time it comes to releasing it and they see that, oh, not a lot of people even care because it's not going to pump my bags.
It's not going to do that or et cetera.
Right.
That's tough, man.
It's fucking tough.
But, Raja, I would love to pass it to you if you want to keep saying.
Yeah, thanks.
I agree to 100%.
Sure.
You're right.
Yeah, I am.
So...
Um, where was I?
I have something to add to that.
Yeah, yeah, yeah, go ahead.
Riff off what you're saying is, um, the reason why NFTs are dead is because I used to always joke.
It's funny, like the things you joke about.
Sometimes they have like this seed of truth in it, but like from 2021, even when things were great, I would always joke around.
I'm like, NFTs are just JPEGs with a promise, right?
And I realize like.
That's actually really true. It's like the launch of the NFT is essentially like a glorified Kickstarter.
We gave projects millions and millions and millions and millions of dollars with basically a promise attached where they're just like, hey,
I promise you when you give me this money, I'm going to do something cool with it and somehow the value is going to go back to you.
And so I think in the beginning it was all euphoria because it was still just speculation. But three years later,
Most projects are dead. A lot of scammers took money and left.
And even the projects that really delivered stuff like doodles or things like that,
it didn't actually translate into, oh,
There's an actual monetary value or return for me spending five, six figures on a JPEG.
And that's why people are starting to get disillusioned.
And that's why they went to meme coins.
And essentially, the problem is all the utility is outside of the JPEG.
Right.
So it's like your JPEG becomes this $100,000 house key.
that you're just like entering the house to have the utility but like that doesn't make sense because who would actually want to walk around with the $100,000 house key right?
It's like so so I think with AI it actually is unlocking the ability for the value to be captured in the NFT because actually it goes way beyond just PFP's.
When we talk about NFTs, I think we tend to favor PFP projects, but like,
You know, there's so many ways to package up blockchain.
And I think the next wave is truly going to be corporate and big brands and governments and things.
And everybody knows that AI agents are the future.
But NFTs are the actual vehicle and the wrapper that you can deliver these agents.
For instance, like, I realize like,
I think an ideal scenario in the future, like a project like OniForce, only has like two or three employees.
And they're more like editors than they are like centralized, you know, overlords or something.
It's like...
you know, especially for a creative project, it should be like, all the holders are the creators and the storytellers, and then the people running the project are just like the constant gardeners, right?
Like, they're the ones just editing and making sure that things are, you know, going in the right direction.
And so...
Essentially, we're building these digital businesses where, you know, frankly, in Web 2, Web 3, whatever, like a lot of people's jobs are going to be replaced by agents.
And so when you sell a business, right, this is like another use case, is that when you sell a business, uh,
technically you would also sell the employees you have or the rights to use them right and the new owner would be like okay these are people i want to use
blah blah but in the future you're going to be selling your business and it's going to be like oh what agents did you use what platforms are you on and so the nfts is actually the perfect vehicle to wrap up all of that utility and deliver to someone else for a price and that value actually trickles down all the way to the holders because an
an individual holder with the pfp maybe they start off with like a common pfp that's a floor pfp but because they did they they they
did all the things with it, you know, like built the utility and, and trained the agents and evolved the agents and stuff.
Now all of a sudden, they've actually created extra inherent value that's locked in their NFT.
And so that's why I think this is actually the future of NFTs is, or Web3 is like NFTs are a superior value.
quote, citizen of these new nation states because each individual agent tends to just have like one function that it's good at.
So it's not really like as diverse as a human being or something.
Yeah.
But NFTs can be.
Yo, by the way, I'm hearing some clinking in the back.
We're having some tea right now?
What's up?
What's going on, man?
Sorry, that was, I was stepping on my weight to my bag.
No, no, I like it.
I thought we were sipping and, because I got some boba tea.
We're here, so I'm sipping.
Oh, actually, I am sipping on some tea though while we're doing that.
I love it, bro.
But no, I had a-
Dude's having some tea and now I'm getting caught in the rain while walking, so I might mute for a little bit.
But dude, I wanted to add to that too, Star.
Like one of the most bullish things for me when you come up with this whole idea, I was like, damn, this sounds like something that a CTO could really take over.
And like, it's the perfect vehicle for like if you say you loved an IP.
And the project was pretty cheap and it was a small supply.
You could literally come in if you had like a group of homies who were devs and whatnot and
artists and shit like that.
You could come in and you could just CTO the whole thing,
upgrade all of these NFTs with their,
yeah, with their AI skills and then completely remarket them.
And it could all be community driven, but...
it's legitimate because that's how this whole thing works.
It's literally your NFTs are going to be ever evolving.
So that was one of the biggest ballcases for me, for sure.
I think what's going to happen with AI NFTs is the power actually starts to shift to the holder, to the user, like you're saying.
Because I think one of the reasons why NFTs feel dead is that even if you're a whale and you spent like,
millions of dollars or whatever it's like you are completely helpless to what the project does right for you the value of your bags but now when you can actually have control of it and you have the rights to it but you also now have the utility
That's when you get to decide the value of your assets.
And then it becomes like, okay, what projects offer the best utility or the best, like, are they optimized for their community to win, you know?
So I think it's pretty exciting.
No, that's definitely exciting because this takes building with your community to a whole fucking different level, bro.
And Starly, I want to ask a follow-up question because...
Like, back then, we would coin, or I think Luca was explaining really well of, like, the Trojan horse effect, right?
Like, you, you explaining how do we wrap these AI agents, this product, and you're saying NFTs, has the Trojan horse instrument changed at all, right?
Are we still infiltrating it the same way as we did back then, or are things different this time around?
I think the Trojan horse now is that you just don't talk about the product.
It's, it's, it's.
The Trojan, like, if you think about the Trojan horse, it is, it was a giant sculpture horse.
It was a work of art.
It was like this novel thing that they were like, let's bring this in the city, even though I don't know who delivered it.
And it's very suspicious.
But, uh, anyways, so it's like, so it's like, what?
At the end of the day, what I really realize is we always talk about mass adoption.
But the thing is that if you're here, you're drinking, you already drank the Kool-Aid.
That's why you're here, right?
So we don't need to talk to each other.
But when it comes to everybody else...
In 2021, what happened is NFTs became the most Googled search term in the world for a moment.
In the world, I mean, dude, Paris Hilton was on Jimmy Fallon showing her bored ape.
I mean, if you really think about how hard it would be to get us.
Yeah, that's a top signal.
So the world was exposed.
And from a marketing standpoint, what I've learned is like,
They were exposed and then after all the scammy, all this stuff, like, they just decided it wasn't for them.
And just from a marketing standpoint, if somebody has been exposed to your product and they decided that they don't like it or they're not interested, the chances of you getting a second at bat where you're going to hit a home run and they're going to be like, oh, no, I was totally wrong.
You're right.
Like, give me that Kool-Aid.
Like, it's not going to happen.
So what we have to do is focus on what they do care about, which is simply...
experiences like in and superior products and we can do that blockchain technology and AI is superior
Web 3 is superior to web 2 but if we're not building those experience in those killer apps and all that like
even in Dramada it's like it's they're like the the first team that's a blockchain game development company that's been
authorized to build games on Nintendo
right like that's a trojan horse right because those Nintendo those people who buy their switch they don't they didn't buy the switch for the NFTs but if it gives them a better experience hey that's how you win bite the bullet and Jhama and I see you go ahead yeah no I love that I was actually I wanted to build on exactly what Starloid was saying was
We've essentially, NFTs have become a consumer product.
And if you keep marketing it as a technology that you have to learn, it's going to basically
be like trying to go on the street teaching people about TCIP.
And guess what?
CCIP is something everybody in this room uses every day.
But I bet most of you can't tell me what it is.
It's just how the internet works.
No one cares with the tech.
They care about the experience.
They care what is this NFT going to do for me?
Or what is this digital collectible going to do for me?
And I will also push back on some of the things I heard some of the other speakers say,
because not everybody buys an NFT to flip it.
Not everybody's buying NFTs to make an investment.
When I buy Pokemon cards, I don't.
plan to sell those Pokemon cards, you know, they're mine.
Like, cool, if I rip a path that's worth like, I don't know, $700, it's awesome.
But am I actually going to get around to selling that card?
Probably not.
I'm going to display it on my shelf as a $700 card.
Yes, sir.
The idea that people are only buying as investors, I think A is the first...
not correct assumption of the space.
And then B, it's distribution pathways.
Like right now, in 2021, when NFTs were the highest Google search term, Twitter was the main way to find out about NFTs.
They weren't really talking about any other platforms.
But once that went away, you stopped having distribution to people outside of your echo chambers.
And with that, you know, the space died.
So by reinventing things, by kind of going where people are with this Trojan horse idea,
Reddit did it really, really well with what they did with their NFT, PFPs.
We're starting to mature the space and get beyond the idea of we're selling PFPs to,
we're selling things with actual utility.
And that's why I,
I commend everything that Oni Force is doing and how they've set themselves up in terms of becoming this transmedia brand as opposed to just like this technology, because as this transmedia brand, you're going to reach a broader audience. And by reaching a broader audience, that's
That's what you're doing with a consumer product.
And what a lot of people I feel like in the space don't get is with consumer products,
it's your job to entice the consumer to want to buy it.
And if you're only, if the only thing that you're selling, and I actually told this to somebody
two weeks ago who was trying to pitch me an NFT project, if the only thing you're selling
is community and merch, I don't want to talk to you because that's like, everybody can do that.
No more black hoodies, please.
Yeah.
Exactly. So like the idea, the idea that your NFT can become your digital identity, it can be combined with AI. I think this is wonderful. And Boussey, you actually touched on this in the beginning, V-toving. That's one of the reasons why Indromino ran so head first into developing its own AI v-tubing software because
We knew that people wanted to become these avatars.
We wanted to make sure that people could play in the game and become the game.
Excuse me, become the avatars v-tubers.
And it's something that people will actually use because people want to become v-tubers and people like playing video games.
And that's why we're hyped to have Onyforce in here because, like I said, transmedia, they have comics, they have AI.
They're going to be one of the first NFT collections to be featured on the Nintendo when we start publishing our games in Q2.
So it's like...
If you can go where consumers are and you can give them a reason to want to purchase,
that's what you do in a consumer product.
And I feel like 99% of founders don't understand that.
Yo, Andromeda is the closest thing to real Ready Player 1, guys.
I'm letting y'all know right now.
It's happening.
It's happening right in front of us right now.
Look, guys, we hit the fucking hour mark.
I want to say a massive thank you once again.
It's all the panelists.
You guys are all the amazing speakers.
Everyone down here in the fucking audience, still hovering above 100 plus concurrent listeners, man.
I appreciate you.
I love y'all.
Let's keep this conversation going.
Look.
I see some legendary fucking names on here, bro.
We got Tommy on the behalf of Sugartown.
Tommy, brother, I want to hear from you.
What's going on, man?
Oh, Tommy, please.
Oh, there is.
Ah, my bad.
Let's go.
Let's go Sugartown.
Happy Friday.
Happy Friday.
Crazy.
You got over 100 audience members listening on a Friday evening
and taking their time out of the day to kind of listen to Us and the app over here.
Hey, man. This is a chronically online behavior. You know what I'm saying?
Tommy, man, hey, we got to hear from you, man. What's your take on everything that we've been sharing? We've been discussing. Got to hear from you, bro.
No, I appreciate it. I think a lot of what Sartre Lorty said, like I agree with, like NFTs, the tech, it is absolutely the future.
We saw that science of it in like 2021.
But we've been seeing that in like 2017 cycle too.
I mean, it's like crypto punk's been around for some time.
CryptoKee's been around for some time.
But it's an evolutionary process.
So we're kind of waiting to see like the transition.
Yeah.
But where I think we don't talk about a lot is how NFTs can be used also as like a marketing
tool, not just like a product, not something you own.
I mean, I don't know a lot of NFTs and PFPs and all that kind of stuff, but those are
collectibles.
And I think using NFTs as like a marketing channel, I think is really underused right now.
And using it in a way to like reach people is also really underused.
Like the blockchain is completely transparent.
we could see my public wallet, you look it up,
and you can see anyone's wallet.
But for the first time,
you could actually send people shit over the blockchain
and reach them.
And that's like a really powerful marketing tool.
And that's kind of what we did today too,
is I'm going to sort of a little bit of a show,
but we air dropped like 200,000 of T's,
like an hour ago to 130,000 wallets.
So shout out to the Sugarstown team.
Worked really hard this morning.
grind it all afternoon, making sure that everything was buttoned up.
But if you're part of one of the communities that we launched to,
and I think we did like 55th or something communities,
You can check your wallet on abstract.
I was shouting so loud when he showed up.
Only fours got some allocations.
So shout out.
Shout out Sugartown.
Seriously.
I mean, I try to please the ordnose in there too, but I couldn't get it in on time, of course.
But no, I think we're really excited about the job.
I appreciate the shoutout too.
But we're using it in a way where I think two fronts.
One, expanding the community is really important to us.
And two, we want people to know what Shirkutown is about.
And so, you know, we shared what we call the Points Pod, P.P.
for the wider community.
And then we're going to share a little more details after this weekend.
I like that name.
Yeah.
I just had to.
It's funny.
I mean, one of our team members, our head of products named it.
And she said, P.P. is a great name.
I was like, I agree.
So we're really excited about it, but I appreciate you guys bringing me up to share some of that.
But hopefully everyone in the audience got one.
If you didn't get one, hit up Camel, hit up his DMs.
He said, you know, spam him as much as you can and he'll send you a peepee.
Oh, man. Camel's DMs, I...
RIP, bro. Camel, I don't even know if you're listening,
but RIP to that DMs.
No, he's had a long day, so he's already on his whiskey run.
I had a soft picture of it, so I think he's good there.
But, no, I think it's pretty exciting for us.
I appreciate you guys letting me on to share a little more.
Dude, Ab's a freaking looting, man.
Tommy, will I see you at NYC, N of TNYC this year?
Maybe, I think so.
We were just at East Denver, but I think we're going to plan for her...
NFC and then for those who are going to GDC next week in San Francisco, we'll be there as well.
We'll be there.
Let's fucking go, man.
I gotta make a trip to SF now just because I'm getting influenced.
Look, we got two more hands up guys.
And once again, I want to say a massive thank you guys.
And by the way, this is not the end of these type of spaces here with this collaboration
amongst ONI-Forest Final Bossu and many of these other amazing brands.
I'm already hyped for the next show.
And I do want to respect other people's times, though,
because maybe y'all do you have plans on this Friday.
And you know, I want to make sure you all get to it.
But look, we'll keep going with these hands.
We'll keep the conversation going a little bit more.
And then we'll probably look to wrap up in within a 20-ish minute mark here.
But look, let's go to Randy and then go to Zio after.
Randy, what's going on, brother?
Let's hear your take.
Yeah, what up, man?
Thanks for having me.
Hope y'all are doing well.
Um, you guys are mentioning comics before and it is actually one year to the day that Marvel had, uh, gone on on at South by Southwest and said, we're going to, they're going to continue obviously doing their, their physical comics, but on, on this day last year.
Every single new title that they had had physically, they would make digitally as well.
You can get the normal digital version, or you can get a one of 1,000, NFT version of every new title.
Previously, Comicsology had something similar where you could pay like $10 or $20 a month.
And then after like 90 days, you could read those newer titles.
Now they have it so where you can go on to VV Comics.
And then you could read all of those new ones literally at three in the morning, like seven or eight hours before they hit the shelves.
And I think that's where a lot of these things are going.
Like back when I was, someone brought Pokemon cards before.
Back when I had a Pokemon card business, most of my clients, like the main issue that they had was that their partners were saying, like, you have enough.
This takes up too much space.
We're running out.
We're running out of a room.
And NFTs like solve that issue.
Like I have like 1600 of these NFTs over on the VV app and they take up no room.
Like you guys probably have more than I do of these NFTs.
They don't take up any room at all.
So I think that that technology is really good.
I think as per Google, or at least the AI, we're going to reach like a 60-something billion-dollar market cap for, I'm sorry, $60 billion in revenue for NFTs this year.
So there's a lot of really good things that's going on.
You also have, again, outside of Marvel, you have Star Wars, you have DC, you have Universal, you have like Lampp, Lamborghini and Ashton Martin.
All of these physical companies that have made their name through physical stuff,
they're into NFTs and a lot of them are on multiple platforms,
some are just on one. But I think that what you have to look at in 2021,
2022, where all of these VCs were throwing money at these projects,
like, oh, you're an NFT project. Let me give you a couple million dollars.
And the VCs are really getting ahead of themselves. And I don't think the market was wrong.
I think it's very similar to the 90s where, you know, if you had a,
internet project you got you raised a couple million dollars and again i don't think the market was
the market was not wrong then they just were overzealous and they threw money at anything that
was internet project the bad ones failed and then the good ones you know like took the lion share and
and i think that's kind of what's happening here a lot of these other companies that they extended
their run rate they had no you know good IP they had no working product because they were just a pfp project and
like 98, 99% of them are done.
So shout out to everyone here that not only survived that bear market,
we're in the bull now.
And now a lot of these VCs are going to be a little bit smarter.
I'm like, okay, well, your docs, do you have IP?
You have all this.
And again, if you have physical stuff in conjunction with,
like Pudgy Penguins does this, I think, like the best,
they went over and they're in like Walmart.
They have all this physical stuff to match the digital.
Funko's done that with VV.
You have some of these smaller artists that do that.
But as that happens more and more, again,
if you have any of these VCs or anyone that's going to want to buy the lion's share,
buy these products, they can't just buy a PFP.
They can't just have a 2D digital image.
Like get that or get the first appearance of Superman and Batman on the blockchain,
where you can take pictures with them in augmented reality.
That's not even a hard call.
Everyone's going to go for what the IP does.
So again, this is how I see it.
I'm insanely bullish.
I should also mention that most of my net worth is in crypto and NFT.
So I'm, I have to say for Randy to know a fact, like today is the day that Marvel made an announcement like that.
You're now my best friend.
I'm going to follow you everywhere.
That's crazy.
The reason I know that is because they did it with the VV company.
And I'm like their head affiliate ambassador.
So that's why I know that.
That's the only reason.
Doesn't matter. You're still in my good book. You said Marvel.
Oh, I think, man.
Speed dial connecting you to Eric down there as we speak.
My guy, no, I'm joking. But Eric, get in his themes right now.
Yo, Randy mentioned the 90s, and I was like, well, I can't say anything there.
I was born 2000, my friend. I am 25 years old.
What's the internet?
Yeah.
No, man.
First of all, Randy, I appreciate you always coming up.
And dude, I met Randy out of fucking Kabu space, I feel, like a week ago.
And this guy ever since then, ever since he, I see him on spaces.
I immediately bring him up.
So yes, Randy, appreciate your take here.
Zio, I don't know if you still want to chime in, but you did have your hand up.
I don't know if you want to still say something.
And then maybe afterwards, guys, I do probably look to wrap up here.
Again, guys, it's not the...
end of these type of spaces. I definitely want to keep running more of these back. And so really quickly,
Zio, before you go, I want to give a massive, massive shout to Star Lordy here and Final Bossu for
allowing me to be the host of these type of discussions. I genuinely, generally appreciate that.
Again, bottom of my heart, this is what I fucking love doing.
I love providing a platform for people to have insightful discussions where it's not just random verbiage and just bullshit flying left and right.
We actually talk about real shit that actually pushes the space forward here, man.
So much, much love.
Let's go to Zio here.
Zio, what's going on?
Yeah, I mean, to be honest, dude, like my Alzheimer's, dude.
Like, I mean, I had so many points, but I'll just say the gist of it.
I think.
I think what we're going through is actually pretty dope man.
I think this is a really nice moment.
You know, there's not, I mean, I think NFTs are still as a culture very strong,
but of course it's not in the limelight as it was in 21.
But I think it's nice because this is where, you know, you accumulate, you know, you get what you love and
I never like had any doubts about what like for me it's just digital stickers right and I think it's already cool enough and whatever comes on top of it is a bonus
but yeah man like I mean there are so many things you were talking about comics and stuff like that I think
At some point, like, token gate it streaming is going to be a normal thing.
You know, like, communities will have their own shows happening and all that stuff.
So I just like, I don't have any doubts.
I never did.
And I just, I don't know, man, like forever been bullish because I just think that being able to get some art or a sticker or whatever, even though, you know, it's digital.
And joining a community that you really vibe with.
I...
You know, call me delusional, but I really think it's kind of like it can, in a lot of scenarios, it's priceless, dude, because, you know, just like all of us, like we got friends like in real lives as well, like in the physical realm.
But I know so many people that I've never met.
But I know them through spaces and stuff.
And, you know, I cannot replace those connections.
I don't know if anyone can relate to that, but I think, you know, there's something special in all of that.
So yeah, I mean, as an end note, dude, like, I just think on an emotional perspective and on, you know, in the sense of, in a sense of belonging, I just, I think most of us do not, like, we still do not understand how big and how normal this is going to be at some point.
And this is going to be at some point, you know.
One of my favorite things, bro, is like knowing that I can almost fly to any country and hit up someone from the community, be like, yo, I'm in your town, bro.
Let's go make some moves.
You know how fucking cool that is, bro?
Like, and Web 3 and Crypto in general really made me, like, fly out of my fucking California home side that I've been raised at for my whole entire fucking life, bro.
So, yes, the connections, the relationships, the friendships.
None of that.
You can never put a price tag on that shit,
bro.
but look,
man,
I will say,
first of all,
hosting spaces while standing up,
this shit is Loki,
but I feel,
I feel like I'm,
you know what I'm saying.
I'm feeling more energized.
but dude,
massive thank you again to everyone.
before we wrap up,
though,
I do want to pass it back to,
to Starlady here.
And Starler,
I feel like we,
we got some more listeners as you were giving the alpha in the very,
very early minutes of today's space.
So if you don't mind,
Just kind of reiterating it again, just for the sake of the audience.
And then we can go and wrap up from there, man.
Starlight, what's going on?
NFTs are so dead.
I'm kidding.
I'm kidding.
Actually, this space has given me hope because I, it reminded me that what NFTs represent beyond collectibles and, you know, whatever investments is culture.
And, like, it is true.
Like, I...
My favorite moments are meeting people in person, like going to conferences, connecting, you know, the vibe is real, you know, in person.
And so...
I think that gave me a lot of hope.
I'm going to get off the ledge.
I'm going to go back to work, get back to my desk.
But in all seriousness, I think what you were talking about is kind of like our announcement
around the 721 AI NFTs, which is for everyone.
I want to stress that.
This is an idea that other people are also working on.
It's not just us.
But I think, you know, we care about.
the NFTs themselves like so much and then the community that comes with it and I think AI is going to help shepherd in the next
generation of NFT culture. So I definitely looking forward. I mean dude by the way shout out to you. You're so humble like you're the one who's hosting us. You're the freaking goat here and I
Really, really grateful to you and everybody who showed up.
So I think we should definitely keep it going, have another space and kind of take it to the next stage of the convo as like what does the future look like?
I'll be pretty excited about that.
Let's fucking go, man.
You got me grinning behind this microphone.
Let's go.
You know, I can't fade hands, bro.
What's going on, brother?
I was hoping you weren't going to fade me, dude, because I knew you love a hand on the stage.
But no, what I was going to say, man, is like everyone, honestly, do your research.
This point is like a huge shift in the human race, like not only the...
just echo chamber of web 3.
Like this is literally a shift in the human race.
Like we've never seen it.
We've never seen anything like it.
AI is literally changing the world we live in.
And we are now integrating it into NFTs.
We don't know where it's going to go,
but we know that it's going to be a vehicle.
And this is going to be a crazy, crazy experience.
Even if you don't want to look at it, like in terms of the NFTs and what's going on, like just know that AI is the future.
And it just continues to baffer me, man.
Like I've been using it for art for years now.
Been using chat gibbetis and it's like the day it come out.
Now everyone, all my normal friends are using ChatGBT and they're mind blown.
It's three years later, right?
So like this is the point where like it's, it needs to be said like, don't fade it.
Go and look into AI, upskill yourself, figure out how to implement it into your life because it's not going anywhere.
This is literally it and NFTs are going with it.
So 721 AI, game changing tech.
Let's see where this goes and only force leading away.
Oh, and yes, guys, like what?
Starlet was just saying, we're definitely going to be running this back.
And maybe we can get into the finer details of what exactly the future does look like.
Look, guys, if you swung by on today's panel, I'd highly encourage you swing by again for whenever this next space is going to go live.
And to everyone that chimed in today's discussion, whether you gave one take two, three, four, five, I don't fucking care.
Thank you.
for even having the courage to come up on the stage today and share a few of your thoughts.
I really do appreciate that.
I want to do a round of applause, though.
Round of applause for everyone on this Friday to making it on the today's space.
And also, I'm going to shout to a few folks in the freaking audience.
I see Bronx.
I see NFTs out there.
Eric, dude, I saw Eric's comment.
It is six in the morning for him, bro.
And he literally probably woke up for this exact space.
He's a go.
He's a goat.
What a legend.
Seriously, man.
Eric, you're the goat, bro.
I see Aiden.
I see Bobby down there.
T. Lee.
All of you guys, Paula.
Oh, man.
So many only force PFCs.
I appreciate every single one of you guys.
And look, whether it's your daytime, nighttime afternoon, whatever time's
when you're in, I wish you a fantastic rest of your Friday.
I know it's Saturday for some of you already.
Have an awesome weekend guys ahead.
And I would love to see everyone back here on the next space.
Let me sign us out with a little transition.
Guys, it's been a fantastic space.
I wish everyone here, an awesome one.
We'll see you guys next time.
Cheers and peace out.
