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Bungalow check-in
Recorded: Dec. 18, 2025 Duration: 1:17:15Space Recording
Short Summary
In a candid discussion, crypto enthusiasts explored the current market's challenges, emphasizing the need for community building and artistic contributions amidst declining values. Participants highlighted trends in investor behavior and the emergence of new platforms, signaling a shift towards long-term growth strategies in the crypto space.
Full Transcription
Thank you. Thank you. All right.
What's up, bungalow?
Let me let my dog, Celaria.
What's up, bro? How are you?
Good to see you.
Good to see you.
I'm good, man.
I've been hanging on for this one.
Man, yeah, like, I wanted to chop it up on a few fronts.
I'm glad you came up here, man, because I appreciate your perspective on a lot
of stuff as well. And I have this recorded, so hopefully it's morning Pacific time. I don't know
where it is for you. Some people might be mid-dead, whatever it is, man. So hopefully people
that care to listen are able to check in but i wanted to just
kind of have a zoomed out conversation on all this because bro like
this is a tough market right like we all feel the blood and the carnage that has gone on and
if the fake outs are the most like difficult to just piece through right
um fake outs and the crash outs the fake outs and the crash outs hold on we got a new
subscriber enjoy your man i haven't i didn't see you subscribe man let me add you to the list
uh welcome how you doing
you there Liz welcome how you doing yeah look enjoy your man what's up man how are you
bad boys oh bad boys sorry bad boys what's What's up? What's up sir? Enjoy a man. I think we'll do
Either one man. Nice. I mean don't don't though enjoy a man if you are one, but I mean if you want to you can
Nice nice to meet you. I'm not sure
If you change your ad or something, but you new subscriber to the bungalow
Yeah, I won.
Maybe next year.
Okay.
Okay.
Well, it's good to have you with us, dog.
So, yeah, man.
Like, I wanted to just chop it up on a few subjects.
And Cilaryee you can feel free
to chime in but like
here's where I'm at with all this shit man
like
sorry sorry sorry
what's up bad boys
how much price for
subscribe you
what did you say
how much for
subscribe you
price oh it's it's ten dollars ten dollars i don't know you
there's no way you would be listening unless you already subscribe though so i'm not ready
yeah okay okay i'm interesting maybe next month I'm going to go to subscribe you, okay?
Okay, okay.
Well, it's good, man.
Do what you got to do, you know what I mean?
Like, what I would say is that if you check the subscribers feed,
you'll see that I've given away probably 20x, 30x, maybe more of what I actually get from this.
This is intended as a long-term bill to try and bring a group together of people that believe in the meme economy.
Really love what this place, the possibility that this place presents.
what this place, the possibility that this place presents. And, you know, I've kind of
just embraced that there's a proof of work component over time that's just required
to do something impactful. And so that's how I try to operate. I'm seeing,
operate. Um, I'm seeing, uh, you know, just to go back to what I was saying to Cee LaRee,
I get that this is a very bloody and difficult stretch for all of us. Right. And the way that
I had been approaching trying to scale stuff with jungle bay trying to scale stuff here is like okay
these are people that believe in this and they want to make it happen and
they're that they understand that like look there's just simple supply and demand right
if you hold something uh and more people gravitate toward it then then price goes up. If you sell it, then price goes down, right?
And what I have realized over not doing this for four years
is real life comes in the way.
And it's not to blame anyone,
but there's certain elements of that scaling effort,
essentially, like, you know,
whether it's giving away Jungle Bays or giving away Bobo or Jungle Bay memes
or Brainlet, whatever it is,
where if it's just kind of using that as the lever,
then people sell it
and it has a negative effect on the project oftentimes.
Some people are really down the ride and that is the core of how these projects are still
alive and have the potential to live on because we're also trying to build out new components of it,
new elements of it that differentiates these memes,
these projects from the rest of the market because mindshare capture and
retention is really the,
the holy grail of it all when it comes down to it.
And when people were faced with this like new leverage element,
they came into the mix where a lot of people you know got a little froggy and and put their head in the mix and start to participate
in leverage and then they are nearing their liquidation prices so they just impulsively
gotta just fucking dump everything just to stay keep their positions afloat right and then we see the large-scale manipulation that goes down of these like ranges of like oh
we're pumping and then people fucking short and then they go down and it dips
you out fuckable it's gonna go up from here and they'll give you a little fake
out and this seems to have yeah do you short no dude i don't play leverage
well there you go i don't play leverage um i i what i did do i started around with banker
um because it was they made it where you could do it on the timeline i was like that's cool like
let me put a couple longs on pepe and i learned really quickly
let me put a couple longs on Pepe.
And I learned really quickly that I need to stay in my lane
because these guys are good.
The big volume bros, right, the exchanges,
they have the ability to see where the heat maps are on these things.
They have the ability to literally hunt down your position.
Yeah, they're front running. And the difference between holding spot and leverage is like when you get
liquidated you got nothing to show for it right we saw some titans in this space just fizzle away
man they're gone and you could feel that the the despair was palpable on October 10th when all those liquidations went down, man.
And you just saw people that were just completely wrecked.
And, you know, this is coming from someone who's got memes that are down 90% in some cases, right?
But at least there's something to show right but but at least there's some
something to show for at least there's something that's scalable once you
put that towards the leverage um it's a wrap and it's it's it's tough to see and what i realized
though is that you know like you give away like like dude there there were so many times where
and this isn't with the bungalow because like in the the bungalow, I'll be like, yo, I'm giving these away.
Giveaway means do what you want with them, man.
Like, that's part of the, part of the, I'm freaked out.
Right.
But then there's like, there's other times, like for example, in Jungle Bay, where I'll
where I'll be like, yo, I'm down to do a giveaway with some apes.
be like, yo, I'm down to do a giveaway with some apes.
All I ask is that, you know, you hold it down until we hit this .369 floor site.
And don't, like, just all I ask, don't participate if you're not down for that,
to get a free gift just because I want to fucking have people have, like, equity in something.
And the amount of people, dude, I'm talking like 70% of people just even after entering that sort of agreement, just dump it, bro.
And it's just like, and I get it.
Like the market's tough, right?
But like, man, I don't know how anything is scalable like that.
And so like I tried when I saw a lot of the artists.
I mean, it's got to be testing your patience.
But like you said, there's a real life component and it is psychological.
There is.
We're looking at people thinking this is cheap.
And then, you know, five, 10 years down the road, it might not be cheap.
It might be expensive.
It could be either.
It's like really difficult.
But with the consistency and the conviction that you're showing and
what you're doing, you're creating who you are to us.
I don't know you in the real world.
I don't get the real life component of you, but I get CKASA.
Yeah, I appreciate that.
And that's my intention.
I really do think that there's no shortcut around time and proof of work.
There's no shortcut around time, right?
And proof of work.
But the thing is, man, it's different when Brainlit's at 30 million or 20 million, right?
And we were able to identify this as a dope meme early and start scaling it.
And then me be able to spread the love and try to get people more of an equity stake in that project and then when it's down in
the fucking gutter giving someone five thousand brainlit or fifty thousand brain doesn't slap the
same right so it's like i'm i'm i've been like in these past months really on this point where it's
like man like these like i feel like i'm just getting drained in a lot of ways from, from it. So I'm like, okay, do I, and, and so, so like, for example,
with the artists, like a lot of them are, are incredible contributors to breathing more life
into Jungle Bay, breathing more life into a lot of these memes that many of us hold right and so i i
feel like i i want to extend as much support and just reinforce that like there is a way for art
to have some sort of benefit even though a lot of people have tossed nfc nfts and art aside
while they pursue you know me like meme tokens and leverage in this market.
But a lot of them dumped.
So I've kind of recalibrated.
I'm just like trying to send ETH to the artist.
But it's like, bro, I only got so much.
You can try like USDC.
I don't know.
I mean, ETH is fine, but like I only got so much ETH, bro.
Like my motherfuckers areers, this has been...
Fucking open seat and rodeo.
Right.
And so it's like...
And so with the bungalow too, I had people come.
At one point, there was like 150 subscribers here, right?
Giving stuff away.
And then they just dump it and then don't subscribe.
I'm like, man, you guys...
A lot of people see like
i'm giving away 10x what i'm getting and remember like twitter takes like 50 of it i'm getting five
bucks from you guys i'm not saying that this is like this has never been the income thing but it's
more just like am i shooting myself in the foot a lot of times with these giveaways and the way that i'm trying to foster growth and community and i don't
like every time i see you replying to somebody who's created something with payment it like it
hits even if it's even if it's a small amount and even if the amount i mean the token might be worth
less or more or whatever it doesn't matter it's, it's the amount in the token that I'm looking at.
I'm not looking at the price of it or anything like that.
Like you're seeing a million of a token. It's a million of a token.
Yeah. And I guess I stopped doing that because a million of token ended up being less.
So I was like, all right, let me at least get like, like give somebody, you know,
a memetic number for it. Right. Or something like that. But then it's like, but then you see the market turns even more and then they sell.
So it's like, am I fucking over the memes?
Am I fucking over the projects?
You know?
And I don't know.
I don't think there's a clean answer to it.
I think there's just a, it a necessary evil to um grapple with and it's just
it's just required until the macro turns but i'm like you know it i'm over i'm very overextended
with trying to support this so i'm like do how do people feel about including more art
and from artists that I think have a bright future,
but maybe the price doesn't reflect?
Because I don't know.
I just can't be just sending money away for it to just be dumped.
The intention is to grow by community and people
see what it is and like and like i i try to try to get opportunities for people to get more equity
in these meme tokens so we can all benefit as they continue to grow but if people are just
going to go back and full clip it and then and then that not only fucks the project by my doing indirectly, but also like it's a bit exhausting.
Like how.
Yeah, I mean, it is kind of sad to be honest.
Like you send it to them and then they send it back to an exchange or something.
Right.
Like exactly.
Basically you just lose it and they lose it.
They take the money and run.
And then the project like ends up getting you know decreasing
in market cap because of it and if you did over it i mean they would be speaking on it and then
it would be driving the value higher but yeah you would think and and it's like i look at like the
there was this whole wave of those like eight man guys that came in everyone was so for the art for the art this and that and then just like mass dumped over over
me going into a space with easy and talking like I can't go and fucking have conversations with
people and I do think I would ever buy anything that easy put out no I protect my fucking space
I'm not gonna get into business with with
these people that clearly have shown that they're not to be trusted but it
doesn't mean that I don't find that entertaining what who's easy oh easy
easy is a very very entertaining no no no no no he's the dude with the southern
accent but I'm saying even like even, like Dr. Robotnik, right?
He clearly does some such shit on this and that,
but I love him as a person, as a personality,
as somebody that people enjoy listening to in the space.
It's not just, it's just like these people are so quick to demonize a motherfucker for just like being in the same space with someone.
You're never going to tell me who I can and can't talk to, bro. long as I'm not doing something that's like, like, like, uh, given the, the, the, the,
like nod of approval in a way that is like, Hey, you should trust this person like that.
This is, this is a, a, an exchange of ideas and to have people with vastly different perspective
is useful because then we have the ability to assess for ourselves what resonates, what doesn't
people with different light, someone who's 50 or someone who's from a different background or someone.
All these things are like both entertaining and also useful perspectives when we're market participants.
And I just have been surprised by how quick people are to just like um just don't find a reason to dunk basically
you know what i mean and and i would say like each to their own in a free market you can talk
to whoever you want to talk to and anybody else can do the same yeah but um it's and for those
who are just joining now i'm just at me and cilaria and Bad Boys up here too, I'm just trying to have a candid conversation because we're obviously all...
You know what else?
Yeah, we're obviously all feeling the drain of like a long market and like when, you know...
Also, yeah, the market itself is very frail, I would say. payload set it is it is and like giving away you know a billion bobo when it's fucking a hundred
dollars or sixty dollars right when i was uh right now when i believe it'll go up is it is it because
i want to give somebody a sizable portion is a very difficult thing to grapple with but at the same time like I
don't want to sell with someone with five dollars or something right like I
want I want people who are you know showing up contributing doing things
that are adding value to the project too yeah this am when you send it there's
sort of a it's not a substantial amount perhaps
but it can become substantial and that's what people don't perhaps hold on to exactly this
future potential that is in these tokens like like we have we all have our own future potential we
all have our own uh qualities that we bring like you say and if we can come together and talk to other people
we can learn more and the art can get better you know like the projects can become better we can
be better at what we're doing but we don't really know what we're doing entirely so we're
trying to find trying to figure that out i guess yeah and like one of the things why i love what
this like idea of the metaphorical jungle Bay Island the convergence point of the mimetic economy that what that represents right is like
there there's a there's a continuity that's sustained over time by that kind of central
point existing with these different artists with these different memes and that's kind of the the
north star of like where we're trying to scale
this towards and it's just like but then then i go and i see some of like the people that are
the best supporters right the best artists the best builders but then they'll they just unload
because maybe maybe they got caught in leverage maybe they got this and that. So it's like you're fighting against a very difficult, sustained market climate that is tough.
And I don't know what the right answer is.
So I just wanted to kind of check in with everybody here.
I wanted to suggest that we kind of reincorporate some
more art into the giveaways from artists that I think are going to be here a while.
But like also just kind of be real about what my experience has been over the past, like
this last stretch in particular
however many months it's been um and it's been you know years of trying to build this and there's
been other red stretches but like the intentional kind of um giving away to subscribers that i think
are going to be here but then the subscribers will like accumulate a bag and then dump and
then unsubscribe that is a difficult like it's you you forget that a lot of people don't operate from the same
points that you do um and not saying that they have to right like do what they want and i can
respect that you have um gathered a lot of information through this process and it is
a learning process and there's art history in here as well. Yeah.
There's probably a bunch of things that have never been seen that some of our
artists would have created in the past and those things, you know,
like bringing those back to the fore and then actually spending some time
looking at things and talking about things,
looking at things and talking about things, not just for the sake of money.
not just for the sake of money.
I think that's a great point.
And that is something that, you know,
when I did the meme comment.
I enjoy this.
I enjoy this back and forth with you.
I appreciate when other people get up on stage as well.
Yeah.
And this is our time.
Yeah.
Please, anybody who wants to come up.
I mean, this is like, this is a home team as far as I'm concerned.
And this is kind of, I do see a couple people that are listening that I don't think are subscribers.
So I don't know, maybe they hacked the system and good going if you did.
But regardless, I would love to hear if there's anybody that has their own perspective on it or just kind of if there's any.
And you could be as candid as you want, like as far as like how you view, like whether this has been a worthwhile investment for you.
has been a worthwhile investment for you.
And, you know, I don't know of anywhere else
where like for $10, you have a chance,
let's say a one in 50, one in 60, one in 70,
whatever it fluctuates,
you chance to win like some dank shit every month.
That's like much more than that investment.
And I think a lot of people here have won,
you know, 100X their investment by this point.
So I'm having, but I can't, I can't just give it,
like just give away to everybody because that also isn't sustainable.
But, you know, I've been trying to find the right balance of like,
not putting the memes in a place where they're going to just get eviscerated,
which they have because of the market.
But it's like, I have, I love-
Even your long form posting as well.
That style of posting, we're all on Twitter.
We're like doing these short character tweets
back and forth and then you get to read something.
You get to spend some time thinking
what somebody else was thinking, you know?
Yeah, man.
Like, oh, you're talking about, like, yeah, in The Nest,
I've been in the article I wrote about paradoxes.
And, like, this came from for the past four years.
I've just been fascinated with the paradoxes that appear in life and how this like contradictory um reality exists in so many
different forms and so i just like whenever i think of a paradox i like just have been writing
it on my notepad and finally i was like i want to do something with these man i had like fucking
50 of them and and so that's where that article came from and um the next one i want to tackle is this
dm plus t thesis that dank memes plus time which i still do believe in man i still believe there's
a critical mass of art community memes um really just a belief in something that can generate value, but it does, it's not without the need for people to believe,
right? That's just, that's just real. And sometimes people don't want to hear that.
You actually got to buy what you like as well.
For sure. Right. It has to slap too. Exactly, bro. Yeah, that's true too. Like sometimes it
might be, okay, well,'s it may it may just not
be good enough right like it may like like the it has to resonate in a lot of the things that
you like are too expensive like ACK's uh artwork at the top of your paragraph is yeah article is um
yeah incredible like the fact that we get to see that even, like,
it's insane.
But, like, I can't do what he can do. I can't afford to buy his art,
but I can look at it, and I can dream.
He's amazing. He's amazing.
See you.
What's that, man?
See you.
I want to be the sour.
See, Luria,
are you able to translate that? To not catch that, sorry. I can't understand the sour C. Luria are you able to translate that?
I can't
understand you bad boys
I don't know what to tell you bro
do you want to try to
repeat yourself?
sorry what?
I just couldn't understand what you were saying before
so I wanted to see could you repeat more understand what you were saying before so i wanted to see could you repeat
more clearly what you were saying
i want to go to the world or see you you want to go to shower with me yeah i think i want to go
to shower and see you dude i want to i want to understand what you're saying, but I just can't.
I don't know what to tell you.
I'm just a simple motherfucker without a watch.
I don't know.
But yeah, man, like, bungalow motherfuckers, feel free to come up and see the read now.
I genuinely appreciate
you coming up and kind of helping me uh flesh it out and i just dude i want this to be fun
for everyone that that um decides to pull the trigger and um and you know should it's like
it's just like a jet like it's skin in the game that's the way i view
it i feel like when people have skin in the game even if it's relatively small it hits different
and i've also learned that lesson where like if you give somebody too much and they haven't earned
they haven't earned it or they haven't done anything for it then they don't treat it with
the respect it deserves and that's kind of where some of these meme dumps
and like this shit of trying to get people equity stakes
in the projects that I believe in
has blown back in my face.
And I've internalized those lessons, man.
And so I want to make this a fun experience for everyone.
I do think what Cee Lee said about focusing a little bit more on,
like, maybe we'll do these spaces and highlight some of the artists
and their work and just actually, like, look at it.
Like, how, you know, I did these meme contests through the years
and we would do spaces where we just kind of go through the art, man.
It's just, like like there's talk about it
i would say a lot of it got missed by a lot of people as well like there were people in there
so so deep in there at the time and then other people who weren't that's like coming back to it
and actually talking about what you guys achieved would be pretty cool yeah man you know it's
what's also the hardest there's so much art coming in with Jungle Bay.
There's so much that has happened through the years.
We've done 70 plus meme contests to date.
Like, there's just been so much.
So it's hard to distill it all down
or make it in a digestible format.
You know, I've tried to kind of figure out,
and I am working on developing a,
I don't know if you guys have seen what,
what remilia.com did,
but I want to do something like that where there's a,
there's a, you know, for jungle Bay, obviously,
but where there's different touch points for,
as far as, like,
how you can gain points by, you know, proof of work, having participated in the meme contest,
having, you know, done things that are associated with the different meme projects.
I want to do, like, Jungle Bay Island as the platform and put bungalows on for the home team memes, give opportunities for people who have a certain heat score, which you can only get by doing, you know, having been here, having been participating in certain things to be able to build a bungalow for their own meme project, whatever it is.
whatever it is like i'm i'm also trying to figure out how to grow a scrappy treasury you know what
i mean like jungle bay is is really built on the means but i want to have ways to um flesh out what
we're doing and make it um more attractive for some strategic investors that i have uh been speaking
to and and and i want to i want to scale this man like I think that there's a lot that we can do here,
and I think that there's a way to make it a hub
where some of the home team need projects
can benefit greatly from that as well.
But, you know, I'm tired, boss.
You know, I'm just being real.
It's a long stretch of people dumping on my head,
and I know a lot of other people feel it
just by the market price going down of different things right and so um i think it returns go ahead not entirely
familiar with remilia but i've just had a quick look on google and i'm sort of seeing it i have
yeah it's funny i always i always view remilia as like the dark side sorry i always view remilia as like the dark side it's like
they're they're a necessary uh force out here and they're they're definitely like very powerful
right as a group they've built some they're behind some of the biggest tokens but they're it's a it's
a cult right but i i there's a darkness there that i don't resonate with, but I can respect. So I want to.
Also,
there's a remilia.com and remilia.org.
Yeah.
I think the remilia.com is like new platform that they just launched out
that has all these different,
like,
it looks pretty cool.
Cause I just logged in and it knows I'm in New Zealand.
You're in that country.
And I'm like,
Oh shit.
Okay.
Yeah.
Yeah.
So like there, that is a good
blueprint i think to uh you would need to be in the collection to get in as well
exactly and and then to have there being the like because we can tie these different touch points
um to like measurable uh you know representations of what it is to be engaged on you know on the
island whatever it is right so so that's that's what we've been cooking uh you know in the
background on the long-term side but it's like man with these With these... During this down fucking bloodbath, I think that...
Having so many motherfuckers dump shit where it's just...
Surprising. I want to just focus back to the art, man. I want to focus on what these artists have done.
I want to spend time on that.
I feel like the art and the memes are a hack to get through this discomfort and the fucking desperation because I would be shooting myself in the foot
if I just keep giving fucking memes away.
And I'm not not gonna stop either i'm just gonna be more
thoughtful about um about how to do it and if people have an issue with that i would love to
talk about it like i i'm i'm trying to find where it's like i want this to feel like a great
investment i want the people to feel like they get that DJing ability to win the raffle, the giveaway on a relatively regular basis.
I want people to have the chance to have a nice come off of a low investment.
But I also don't want to suffocate myself and remove the ability for me to do really impactful shit when the market does turn better
because I can do much more with these memes when the market is better. And right now,
it feels like I'm kind of caught in a bit of a fool's errand. So I just want to recalibrate.
And that's why I wanted to check in with people here and see if anyone had any feelings either way about that. And yeah, man, that's kind of my
two cents. I don't want to drag this on. I want to be respectful of people's times. I also
definitely would love to hear if anyone else has an opinion or has anything,
Would love to hear if anyone else has an opinion or has anything any thoughts in general on it
But besides that man, I just appreciate the motherfuckers that
Have been riding with the bungalow with jungle Bay with Bobo start different memes
Also, can we just say well done on the seeds from the remediate garden even at two dollars
i don't mind that was that was great that was crazy too to have to lower that to two dollars
i was like i was like man these these guys put their their fucking hearts in this shit for three
four months probably 40 artists all doing dope shit and then it's like
all right we gotta lower this shit to two dollars i guess to fucking mint it out fine dude
someday i do hope that that ends up right well but it was an ether it was just like that was
the usd equivalent of it but i was like you know what man like whoever did pull that trigger during
this time and whoever did like pounce on
that i hope that's a great come up when this when this you know whenever this um changes in the
tempo and the cadence of it right but in the meantime but you know like that that's the story
building like yeah that is it and this is the test man these these are these And this is the test, man. This is where most people crash out.
This is where most people fucking call it.
And I just don't give a fuck.
I just want time.
I'll tell you, like me, personally, I'm at a point where I want to get myself
back into work in the real world so I can have a real income,
work in the real world so I can have a real income so I can actually be putting more in.
so I can actually be putting more in.
Like I've been trying to trade my way up and I don't think it's really so simple, but having
an income and making sure you've got more coming in than going out is a simple thing.
I think that's very wise.
And I think that what happened was a lot of people were like, oh, I'm cooking.
Like, I don't know.
I can quit my job and just fucking just do crypto. And I think that that happened was a lot of people were like, oh, I'm cooking. I can quit my job and just fucking just do crypto.
And I think that that backfired.
And I think that people really expected this to turn by this point.
And it sucks to see, but it also, you know, weeding out some of the fucking excess and the froth.
It's an important piece of the of the process
it creates you know real connections and then real opportunities like I'm here
trying to make the most of where I am so that other people can benefit as well
right same and and and that's dope and I just saw one of my favorite home team
artists Claire come up I wanted to say hi because I haven't seen her in way too long.
Claire, it's good to see you. How are you?
Focusing on my art,
but I saw that you were having spaces, and I really...
It's good to hear your voice.
How you been?
You been all right?
My subscription, but I don't know why I'm seeing this,
but I actually renewed it right now because I just want to be kind of
supporting you.
And also, you know, I love the project.
I still have all my Jungle Bay apes.
And I just think the the market
The market is shit right now. Like I don't know what what's going on
But NFTs are kind of I don't know. It's just weird. It's so different. There's no
There's literally dogs shitting NFTs as well
The whole community thing that we had in the last cycle,
like I don't know what happened to that, you know.
So I think it's really just important to kind of stick together
and not be kind of expecting so much right now from the project
because it's just not a part of the cycle maybe.
Maybe it just needs more time.
But I'm here to support and and i
really love what you're doing c casa you know that i appreciate it claire and i i also don't
want anyone to feel uh pressured to that i'm glad that you were able to kind of hack the
whatever the x uh thing is and come to the space because um i just it's always good to see you but and thank you for
uh for you know sign checking into the bungalow again i know you were you were there for a minute
and it's like um you know i i just think i just think that right now as you said to kind of
recalibrate with a bit of a realistic and sober view and to just focus on like like dude some of us are here
because we love um you know what's what is possible and that might sound foofy and a little
whimsical but like i've seen sparks of it through these past four years building jungle bay and or
working on building jungle bay and i think that there think that there is a core here that has a very unique set of diverse skill sets.
And it's inspiring to be around and to be able to tie that with a cap supply asset is something I find very compelling.
Especially when I have allocated the time.
I don't give a fuck if this takes
fucking 50 years i don't care that's where i'm at and i i think a lot of the projects a lot of the
hokins they crash and burn same thing with this towel leash shit bro like those guys rugged it
and uh you know we're able to get them to send supplies to the Jungle Bay wallet.
I bought a bunch.
Like, that shit is not going lower than whatever that fucking low was.
I'm not selling it.
And there's just like, and now I have proof of fucking time, proof of work over time to show that when I say that stuff, I mean it.
Like, look at Boba.
And so, like, if you don't have, if enough people are down for that,
and you got to have the appetite for it too.
If you're not trying to park, you know, some heat away and let something cook,
then, like, that's also not really, that shouldn't be expected of you, right?
It just, it has to slap hard enough and when it
doesn't i'm just like okay what can we do to make it better and so like that's a process can't be
forced can't be overnight it definitely can't be as if shit is in the dumps but um just from like
i just i just felt like i owed not that old people in the bungalow but i just wanted to
have a real talk with people that have been kind of following along because like getting the the
people that you think are really down to ride to dump over and over and over over time and the new
people come in it's just like like i'm like bonnie i'm like
the bonnie blue of nfts bro like i feel like i just been fucking dick down by by people that i
thought were uh were down to riding this but through that process man there there is a core
group that is fucking legit super talented super super about this jungle bay islands just super about the
memes and it's just not big enough yet and and that requires building more dope and and yeah we
we can push that critical mass right the critical mass can't be depending on the project the only
thing you can really depend on is yourself like you can trust and you can verify
and you can do all these things online and check who you're dealing with and the rest but like
it's you yeah like you're the one who's funding jungle bay i'm i'm here trying to fund whatever
i'm trying to fund as well but like it's us who have to do the work yeah facts dude and like
i mean claire has has lent a hand as an artist and all the different projects
We tried to do which were all that just raised some bread for the artists man
like these are all just meant to highlight this group of artists and the artists group continues to grow and
What I didn't anticipate was that so many of them would dump you know I mean like I didn't anticipate that
I'm gonna be real but like but like fuck it like that's part of part would dump. You know what I mean? Like, I didn't anticipate that. I'm going to be real.
But, like, fuck it.
Like, that's part of it.
Like, it's not their job to also be investors in it, too.
And that's what it is.
And so I have calibrated my expectations, but I'm also not going to be just continue to do the same thing over and over and get the same results.
do the same thing over and over and get the same results.
That would be retarded.
That would be retarded.
So I want to refocus on the art,
refocus on the artist while the market is in this fucking shop,
not just give away all my fucking holdings.
Not that I'm not going to give it to you.
I think anyone who's been subscribed has seen the giveaways have been
consistent and motherfuckers have definitely gotten some cool shit.
A lot of it.
And so I feel like I have kept my word since I started this shit.
And that is on the timeline for anybody that subscribes.
You can go fucking tally it up and you'll see it's like 10x from what I'm making on this.
So it's not about that for me here.
I'm not saying I'm here to make
money. Like I see EZ and the
listeners. I know he's laughing.
Like
nobody is here not to make money.
But there are
different philosophies for
how to make
that money over time.
And so like yes yes, there is.
Also for a better society.
Yeah.
There are real world implications.
We're learning so that we can apply our learning in the real world as well.
100%.
But like, there's a lot of scumbags here, dude.
And there's a lot of people that, you know, to Claire's point of like the fragmentation of what that community field was before.
That's real.
And I think it's a lot of people that got burned on this leverage shit.
And they got burned on memes.
They got burned from founders that lied to them and left. They got burned from all these things
along the way, man. Like we've all went through it. So it's understandable that there's a fatigue
that is palpable. Um, and then that just is what it is. But, uh, you know, I heard easy,
he talked about there being no community. Cause he was like, would somebody come and pay my, I think he said, like pay my kids bill if he had some injury or whatever.
And that's a real point, right?
But I do think that like if I think about community in real life, I'm like, I don't know if my neighbors
or my community anywhere is doing that.
And I can think of probably 50 times
where I've tried to look out for someone
just off the love here and help them out in a bind
or do something that I thought
that was not self-serving in any way
that just was out of mutual respect.
And I do think maybe that's not as potent of community
as what you have in real life,
but I think community is not fully a pipe dream here.
I just think it has been completely hijacked
and devalued substantively as a word and so it's hard
to differentiate between the level of extraction right it's been it's been
hijacked as a weapon too rightly it like people use it to fucking as you said
they've weaponized it and and so like i can understand sentiment like
what i just said with easy that that like dude you get enough people that come here and they
fuck you like it's gonna make you think twice about you're just gonna you're just gonna have
a rattled and guarded um way that you go about shit.
And that's understandable, dude.
Like if you are in three relationships
and all three of them cheated on you,
like you're not going to go into the fourth,
like, hey, do what you want.
Like you're going to be like, where are you at?
Right?
But at the same time,
that fourth person could be the one
that you actually want to keep around
and isn't doing that type of shit.
And you don't have the
openness to... There are takes and there are mistakes. Right. And sometimes it's,
sometimes that leap of faith, um, is warranted and sometimes it's foolish and it's, it's not
easy, uh, just from a life standpoint, when you try to believe someone, get someone to benefit of the doubt, whatever it is.
When you understand that people do not operate from the same set of morals or just baseline kind of characters as you aspire towards,
that shit tastes like ass, bro.
It's not fun.
And it burns.
And so you got to obviously strengthen yourself,
learn from different previous history,
because I do see a lot of fools that will do the same dumb shit over and over and not factor in consistent tells that
someone does not have their best intentions at heart, right? And that is also worth noting.
I'm trying to be very pragmatic without piecing through this but yeah man oh I see life and glory coming up I
definitely wanted to give everybody a chance who wants to come and chop it up I know and I don't
mean for this to honestly I don't mean to for this to feel negative or that I'm like changing my optimism I just
want to be I just want to have a
take a moment to just
fucking maybe
give people some insight into what my
experience has been like with like
just trying to
build in fucking tidal waves
it feels like and
also just hear if anyone
else had
similar or different ways to that
they're they're kind of uh going through it all i actually was just thinking like man ccast is
sounding kind of down right but like i caught myself i was like guys don't get it twisted
i'm bullish as fuck i'm here dog like there dog. There's nothing that is going to change
the core of what I believe here, but I have learned some tough lessons and I wanted to be
honest about that and just kind of whoever does care, whoever's been riding, whoever understands,
and maybe it's just seen on the periphery. I wanted to just give a different lens into what this has been like so that was the intention life and glory man good to see how are
you i'm doing well man doing my little tai chi after other things i've done this morning but um
i don't think you sound down uh how are you everybody i just i just wanted to come up and
say you know uh for me um you know, I have that saying, I put it all
over the place, swim silence and swim deep, right? That's kind of been my ethos for most of my life,
but the communities that I have been in, you know, I think there's a difference between,
obviously, I think maybe the word, maybe I'm talking out of school here, but
like the difference between a cult and a commune, right?
Like a cult, Jim Jones got everybody to drink fucking Kool-Aid and they all fucking died,
right?
A commune, everybody kind of works together and they do what you're saying, you know,
where it's distributed properly and it's a lot different.
And I think some of those communes, you know, they're a little hippy-dippy, whatever,
but I think they have something to offer.
And with Jungle Bay, for me, like, I resonate with this,
and, like, for me to make money in this space and other spaces,
and, you know, I do pretty okay.
But there are those long-term projects or artwork or whatever it is that you resonate with,
that it's not always about the money.
I put money into a project that is feeding kids, right?
And I didn't take any profits, and I lost a fair amount.
I mean, lost, whatever.
You never lose until you sell, right?
But I did it for the cause. And sometimes, if you're able to, you resonate with something that you're not
in it just for the money. Look, we're all in it just for the money, right? But upon occasion,
you can veer off that path and be in something long-term where you're not just looking for the
big gains. You're there to support something bigger than yourself that has to do with, you know,
what this stands for, which is art and, um, and all the things that, that, that you're building.
So I, I, you know, for this particular project, I'm just, I'm just, you know, happy to be a part
of it. If it goes to, to stratospheric heights, you can say, man, I was a part of that from the
beginning and I made some dough on it. And if it doesn't, you know, you got some artwork. I commissioned someone to put a piece of art in my house. You know, like it just,
it resonates with me because it just feels a bit more pure than a lot of the other things that I
just want to come up and say that and give you the flowers for doing what you're doing. And,
and I'm happy to be a part of it. And, and I told you, I don't know, whatever it was with
the jungle Bay that I have, I I always said if this thing turns into a
Million dollars before I even would sell it I would I would contact you and and with your blessing
I would split the proceed, you know like there has to be some sort of
Romaderie and that I appreciate that but and like but but
One thing I think that people don't and and bro, Bars, I appreciate everything you just said.
It wasn't like, this isn't like a counter to that, but I did, it did make me think of something that like, people don't understand sometimes.
I'm not profiting from Jungle Bay.
Like, it is a representation of a group that I'm hoping that we can scale things with.
And I think Jungle Bay Island, from a branding standpoint, has a lot of potential.
And someday I hope to profit.
And I hope the people involved in helping build it profit.
But I have literally never taken a penny from Jungle Bay.
So I just want people to understand this isn't like some fucking nft
founder that is like is like going in their cake and this and that like it was i took it over after
after the mint out too like like it's not that it this is different from the DNA period. And, but what I did do,
what I noticed is like that group, right?
The motherfuckers that I was messing with,
with really MFers, right?
As a real core,
because we were just there to be,
as we enjoyed each other's company,
we liked crypto, we were in these spaces.
That set us up to be in
the spot where we caught pepe at 300 000 that caught us up for this so so it's like i wanted
to be a the the the unifying fucking like aura of the token that brings a group of people that have
different skill sets have different abilities to actually like move tokens,
assets, whatever it is, cap supply assets,
but also have information flow that's useful as a group.
So like, this is, it's like,
when people, that's why it's so frustrating.
Cause I literally go buy a bunch of jungle Bays and I'm just buying them.
I'm not like buying them and then like, okay, well, I'm getting the 10%, whatever.
Like I'm buying them.
And so like that I think gets just added to the mix of like, oh, it's just another NFT project.
Like, no, there is no other project that has this DNA.
And someday, I hope that hits the critical mass
where that gets differently.
It gets viewed differently.
And people see just by what we're able to produce
and what the group collectively does,
the people that fuck with it, doing their own thing,
the artists doing their own thing
in their own lane and being proud to be a part of it.
That's the vision for it.
So I did want to clarify that one piece.
But thanks for the – thanks you for the –
It's like a cross-pollination type thing.
Right.
It's really just...
Also the DNA, yeah.
Nobody's got our DNA.
Yeah.
And like, dude,
if people aren't generating value and wealth from it,
then it's not good enough.
That's it.
So I just want,
I'm always trying to think,
how can I make it better?
And how can I get people that I respect that are doing their thing to understand what it is, understand why it's different, and organically resonate and feel compelled to participate?
And understand that anything of worth like that takes time.
It just does.
Anything that's of worth takes takes takes
time and hard work and you're doing it so and for me also too like i said i resonate just the just
the brand jungle bay it's kind of my it's kind of my ethos in life right like i just dig it same
that's why i bought into it i was like did that just for literally just the fucking aura of the
jungle verb verb word um it just it just hits different and
that's why that was the whole impulse on it bro like um and to your point about value over time
like i've invested in early stage projects for fucking over a decade um and some of you know
seed stage precede some later stage all of them take seven to ten years minimum if you even see the
liquidity event it always takes longer and like yeah things are higher speed in crypto but i have
always viewed this as a startup and so that's where my frame of my time frame is but i understand
also that market participants are not really um used to viewing in the same way because there are so many ways to come up quick, even though a lot of those people don't keep it.
We saw that with this last run, a lot of the people that were just fucking dropping their nuts on everybody's heads and fucking giving all the sage words
are nowhere to be seen
because they got fucking wrecked, bro.
It's just a matter of time
because they didn't have the discipline built in,
the time, the resilience to actually preserve it.
And there's no shout at anybody
who that maybe applies to
because that certainly applied to me at one point too.
And it has applied to me with some of the memes so i feel that burn um but that's also why like it's a hedge fund you have to hedge
risky investments like you can't put it all in one it just is what it is like there it's so
difficult to scale something from ground level to large scale.
If you have a hedge fund or early stage startup fund and you invest in 10 investments, you might have one or two that actually hit.
But those ones make it fucking 10x worth it and they pay for all the other ones that didn't and then some.
And that's just the reality of early stage investing um
so anyways i appreciate your um expertise there yeah man i i uh i definitely appreciate you guys
coming tuning in um i i really am, this is not a somber anything.
This is just trying to be real and honest and say that, like,
maybe people don't see that some of this stuff is going on.
So I wanted to make people aware.
You guys can make your own fucking, like, by this point, dude,
if you, if it doesn't resonate or whatever,
maybe you're going to resonate with some fucking slutty seals or whatever.
You're rascally raccoons or I don't know, man.
Hey, Shikasa, you know, the one thing I, I don't know if I say this at nauseam, but the art is what is just, every time I see something in on the island, I'm always just mesmerized.
Right.
And excuse me.
I don't know if you saw it.
I put like my little battle
station. It's pretty simple in my office. And I only go in there and trade with blue light. Cause
I'm, I've got all kinds of wacky shit to keep my beat up, fucked up body in shape. But, um,
I have a, I have a piece above in my office and it's Jack Kirby, uh, hand drew in the early seventies, the silver surfer for my father.
My father was a pretty well-known waterman on the, on the West coast here.
And that is like my fucking next to my Willie Mays rookie baseball card.
That is my, that is my pride possession.
So I like to hang on to things that just mean something to me.
I don't even, I don't even know what the thing's worth.
Maybe it's worth 20 grand, 25 grand, whatever whatever it is i'll never fucking sell it right so when it
comes to like the artwork and and all that kind of jazz it's very rare in this case in this space
to to to be a part of things like that that in the future you're going to be proud to be a part
of and to hold so i don't think this is somber i think it's cool and i just dig being a part of it
that's dope yeah like man what i what i don't understand i is somber. I think it's cool. And I just dig being a part of it. That's dope. Yeah, like man
What I what I don't understand and look I'm biased but like I do look like I don't see any other project where they're just pumping out
hand-drawn art
dope shit in the darkest of days in the fucking bloodiest of times like literally for years
so it is confounding to me that that um
it hasn't gotten you know more of the not a credibility than it has but dude no matter what
if the market speaks and that's the resolve i have so if it's not dank enough yet it's not
dank enough yet and we're going to continue um and and you know i'm learning i'm learning from
wow i just almost threw up in my mouth like the learning or i'm building like but but what i'm
what i'm saying i'm learning is like like you know when the artists sell okay i'm gonna send
them like less eth and that is sustainable maybe they're gonna feel compelled by that instead of
saying oh i have a meme it might go down maybe they have the eth and they're like oh maybe i
want to buy some jungle maybe i want to buy some bubble it's just like
that's all i can do and i can i can learn and grow from my lessons and and the things i've
learned in the space and realizing that there's some savages out here and hopefully you know
time will tell if that is uh these are wise decisions or not.
You know what I mean?
I see Kaz came up.
Kaz, how are you, man?
Good to see you.
What is up, motherfuckers?
How you guys doing?
Kaz.
Good, man.
Just been having a bit of a come to Jesus with the bungalow.
And just being a bit honest.
Not honest.
Just kind of giving my two cents of
it's been a difficult stretch
in a lot of fronts
and not in a somber way,
but more just in a real way
and kind of just figuring out
what makes the most sense
for the subscriber group.
I guess people are coming,
are able to tune in
that aren't subscribed somehow,
so congratulations on HackingX.
But seeing the new DMs and how fucking god awful that DM shit is,
I'm not surprised that they let motherfuckers through the cracks.
But it's all good, man.
It's good to see anyone who is here and not subscribing.
But yeah, this was intended to just be a kind of very candid convo with the subscriber group
because I just want to make sure people are feeling like this is a worthwhile investment
but also be kind of real with what my experience has been of it,
of just having a lot of headwinds to fight against.
What's that saying is if it's easy, it won't be worth it, of just having a lot of headwinds to fight against. What's that saying is if it's easy, it won't be worth it,
and if it's what's worth it won't be easy or whatever?
Something similar to that?
I know what you're talking about, but I'd be lying.
I would just be making up some shit right now, bro.
I don't know.
I don't know.
Aside from that, I wanted to highlight something.
So we're in here, Jungle Bay AC.
We've got artists. We've got curators. We've here jungle bay ac we've got artists we've got
curators we've got technologists we've got all sorts but there are platforms arriving now vibe
market um net protocol cco company and probably a lot more that i've not seen but i feel like these
tools are becoming available and these people in our collective are going to be on them and they're going to be, you know, pressing buttons.
You raise a really good point. And that's something that,
that was like a reminder when Vibe Market came on where I was like, dude,
there's nothing they could have. Like that really,
that really hit a nice, nice opportunity for Mollocos and Ojo and La Flora and Puro May, that crew who did the baseball collection.
And it got them a lot of exposure.
It got some income.
And it's just like a dope collection that they're going to continue to scale.
And that also reflect really well on Jungle Bay Island, whatever.
So like sometimes, again again with that time thing the
dm plus t it's like we dude sometimes things just aren't here yet and i'm and and so just to be as
well prepared and as substantive and and as measurably built different than the competition
is is really the way that kind of where my um my, my sights are set, uh, during that process. Right. Um,
but also internalizing some of the lessons that are a bit brutal. Uh, yeah. What's up guys?
Uh, yeah, no. So like what you said too, about like the market, Mark mark the market is the only truth like it's the best source of
of information and um i don't know like it it basically tells it tells the future i think
you're right it's been a super gnarly fucking stretch like the volatility has been crazy but
i think it's look like look at charts since covid since the covid lows and then consider like the macro
backdrop like what has happened you know they printed 40 of the empty money supply
um and really that's that's kind of it this whole run was kind of just based on
on liquidity nothing really improved that much now what we're coming into a little bit of weakness and what are they going to do? Just print more. So like, um, the, the real thing you should be scared of is,
I mean, I'm, I remain bullish because every time we hit a bump in the road, they print money.
Right. But when we hit a bump in the road and they print, and then the markets refuse to go up,
that is when, uh, that is when uh that is
when you should be really afraid so that's that's but there's also a lot of macro uncertainty that
trump's trump's doing some some yeah like it's not just the the fed component um and i you know
i i hear you i but you know at the same time with that market, what did you say? What was the exact?
I just think it's the best source of real information.
It's a real forward-looking indicator.
But I mean, as far as Jungle Bay goes, what we have here, this group of people, like this network, that's the value.
You know what i'm saying like it is it is if people believe in
enough to uh stay invested right and that requires that it has to be a better investment or a better
it has to be justified and so like nah it really is like that's really on us collectively to to
make it that and i but to your one point about the market,
I do agree from a macro standpoint and in general, for sure.
But at the same time,
there is the desperation,
short attention span nature of the market.
For example, when Pepe had that big dump
off the Twitter thing
or when there was a big lull,
I was adding there.
And it was no question,
right? Like, and that was way before it even hit a billion. And it's like, so sometimes the market
gets distracted. They get fucking, you know, squirrel, they just, they get lured into other
bullshit. And I think the people that actually understand why they're investing in certain things are the beneficiaries of that.
And that is where the arbitrage opportunity is, right?
Not necessarily following the movements of it, but understanding the fundamentals and understanding what the – or extrapolating on those and trying to determine with your best abilities, like, the, where those are ultimately going to land,
um, and having patience. Right. So I, I don't, I, I definitely agree with that at face value,
but I also think there's an investors there. Um, yeah, I understand that concept and like,
it's like the classic, um, the market is like, it's a voting tool in the short term and it's a scale in the long term or something like that.
I can't remember.
It was like a Warren Buffett quote.
Essentially what he's saying is like fundamentals are what matter in the long term, like over 20 years, say 20, 30 years.
Like that's how dollar cost averaging or fundamentals work.
That's how dollar cost averaging or fundamentals work.
But in the short term, fundamentals and whether or not you have a good product, yada, yada, they essentially almost mean nothing in the short term.
And so that's what you're seeing.
You can be right about your read and still experience a lot of pain as far as, um, whatever the charts and the, and the,
and the short-term volatility. But if you zoom, if you zoom out enough, it's a fucking steady,
steady uptrend, you know? So, and, and I mean, dude, like this,
like, like all truth, what's that quote? Like, like, you know, first truth is ridiculed, then it's violently opposed. And then and then it's like, accepted as being like self evident or whatever. It's like it's ignored, then it's criticized or feared. And then it gets finally accepted. Like, we're kind of in like the fear phase, I guess don't know i think i i just don't think that
as far as crypto goes in general there's any there's any denying it because it's literally
the best way that we that we have to do the thing that it does which is it offers solutions yeah
and efficiency the problem yeah exactly and that. And that ultimately is the barometer.
Yeah, it's a ratcheting effect.
It's a one-way street with technology.
Humans don't like-
And you're going to have big people that it's going to be in direct conflict of.
And so they're going to do things in their power to counteract the progress of it.
And so you have to factor that.
to factor that um so totally um i wanted to also say i'm gonna um the second pin post is the entire
So totally.
seats from the mimetic garden uh to the first five people that um that post in the comments of this
space their favorite seed from the medic garden and tag the artist i'm gonna send you 20 dollars
a tally the first five people
so i'll just check the time stamp go check that open ceiling the fucking artist put
a ton of work into that man and we minted out um a bunch of 0.0369 and then
the market took a dump and the rest got minted out for two dollars usd bro
a fucking crime these artists are doing dope shit, man.
They are, they have sold their own fucking work for significant amounts.
Some of them, others are up and coming.
But regardless, these are all one-on-ones, hand-drawn, no AI.
And I just, it's baffling how little respect this gets, but it's not really baffling.
I get it.
People are desperate.
People are looking for liquidity.
People are looking for the come up right now.
Almost got time to look at pictures.
I get it.
I totally get it.
And that just is what it is.
But I figure we just put a cap on this.
I'll check the comments for the first five.
I'll send it with Banker so everyone can see I sent it,
but motherfuckers know if I say something,
I follow through on it with these giveaways and prizes,
so you know what it is.
If anyone has any last words, feel free to chime out, man.
But, well, yeah,
does anyone else have anything else to say before I put a cherry on this?
I was going to say one quick thing, one real quick thing.
Not all of us are on the come up.
So you got some cats in here that are here for the long haul.
Just want to say that.
And that quote is in the short run, the market is a voting machine, but in the long run, it is a weighing machine.
And that was from Benjamin Graham, which was Warren Buffett's mentor.
And I mean, it's obvious what that means.
Like over time, the real shit comes, you know, rises to the top.
And so I don't know i got my as far as this art
goes like i've always said like if this shit is what i think it is um as far as like crypto and
just digital assets in general then what then what you guys are doing here like it's crazy to
consider the value that some of this art could have right like this is like some of the first
like real artists taking themselves seriously on chain and really being consistent with it
and and so i mean if this ends up the way i personally believe it will when you know in the
long run the market turns into a weighing machine then the value you know, in the long run, the market turns into a weighing machine, then the value, you know,
this literally, these pieces could literally be priceless. So that's, that's all I'll say.
I think, I think so too. I also am, you know, sober about how long that can take and I don't
give a fuck, man. I love it. Uh, everyone has the, the different things that resonate with them and
that make them fucking excited to wake up in the morning.
The prospect of the mimetic economy is one thing that bricks me the fuck up.
So anyways, guys, thank you to everyone who has been subscribing.
Hope you have been enjoying it.
I hope you resonate with some of the points i've made today and i hope to see
you um in the bungalow for a long time uh but yeah good this good to see everyone here and uh
i'm gonna do more of these arts art focused spaces too um. I think while the market's sideways,
that's one way we do a subscribers-only space on the art.
And I'm not saying, don't worry,
we're going to keep the giveaways up. I was just venting a bit,
and I'm definitely going to be more thoughtful
of how,
how we do them.
But anyways,
I'll see you motherfuckers soon.
Bobo billions.
See you in the next space. Thank you.
Insights
P
