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Chad's Lounge - Einherjer | Guardians of Asgard NFTs on RUJIRA
Recorded: Sept. 13, 2025 Duration: 1:33:00Space Recording
Short Summary
ThorChain is set to launch a decentralized exchange, introducing the T-C-Y token and enhancing its ecosystem with Rugira, while partnerships and yield opportunities are on the rise, indicating a growing trend towards integrating art and community engagement in the crypto space.
Full Transcription
Thank you. Thank you. Mic check. Can you guys hear me?
Mic check. Can you hear me? And yes, I can hear you, sir.
Yeah, great.
All right. Okay, I'll let you go, Patriot. hear me mic check can you hear me and yes i can hear you sir yeah great all right
okay i'll let you go patriot i apologize hey guys welcome everybody all right share the space let's get some people in here it's going to be a good one today all right hey atrex thor max with the
coke everyone up there we're just getting started guys i want to make sure
we get some people in here if you are just now here in the space live please share it we need
to increase the message of these spaces if you're listening to the recording let's give this thing
a share we have amazing things being built all over the place on rugira on thor chain there's
so many things to talk about and the only way the wider ecosystem and the wider blockchain space is going to know is if we tell them. Okay, guys, let me find, there it is. Okay. All right, guys,
let's get this party started. 4Chain is a decentralized exchange that enables you to
swap Bitcoin with thousands of other cryptocurrencies. All layer one native tokens.
There are no bridges. There are no wrap tokens involved. And it's all within your self-custodial wallet. You are in charge. There is no KYC on ThorChain. KYC means kill your customer. We do not do that. We'll never do that. And it is permissionless.
Rune, that's spelled R-U-N-E, Romeo, Uniform, November, Echo.
You don't need to buy or hold Rune in order to place a swap on Thor chain, right?
So if you start from, let's say, Bitcoin to Litecoin, the starting fees are taken from the starting asset, if that makes sense.
So all the intermediary gas transactions start from Bitcoin.
You do not need to hold Rune. That's quite nice.
However, the fees are deducted from your swap and are used to buy Rune.
And this Rune is the yield that goes to liquidity pools and nodes.
There are no block rewards on ThorChain.
All of the yield is 100% yield.
It is a beautiful thing.
ThorChain also has another token.
It's called T-C-Y.
That's Tango Charlie Yankee.
This token is kind of like a preferred stock,
whereas 10% of the protocol's revenue goes to these token holders.
If you deposited crypto into Savers or took out a loan on ThorChain,
make sure to claim your T-C-Y tokens and you can start collecting this yield.
And if you're interested in this asset, anyone can buy the T-C-Y token as well.
To swap, and this will change very soon go to thorchain.org click on swap and
you'll see all the wallets and websites that use thorchain and you can choose the interface you
want to use thorchain is currently building its own interface it's in beta right now but i'm sure
kenton would love to talk more about that so we'll move on rugira is the app layer on thorchain and
it's building essentially what is decentralized
Binance. The real deal, what crypto should have always been, and is the combination of ThorChain
and Rujira that makes that possible. It is our smart contract layer and it's being rolled out
actively as we speak. And speaking of Binance, if you hold a ruin on a centralized exchange,
you need to withdraw that into self-custody get these tokens off centralized
exchanges because the price of our asset can be manipulated up or down right we don't want
manipulation we want rune to be in thor chain as much as possible and once in self-custody you
should consider bonding your rune to a node to earn some nice yield and help secure the network
and the best place to do that is runebond.com. Super easy. All
you have to do is pick a node, request a whitelist, and then once you are approved, you bond your
rune. Typically about a thousand rune minimum. Get it done. You will not be disappointed.
There's a ThorChain community discord and telegram. You can join to learn all about
ThorChain and make lots of new friends. And to find the links, go to at Thor community, Thor as in Tango, Hotel, Oscar, Romeo, T-H-O-R, community at account on X.
You guys, again, let's repost the space. Let's get some people in here. And if you're listening
to this recording, do not worry. There is something in here for everyone, whether you are a stone cold
veteran or brand spanking new.
We will try to explain things in a way that accommodates the most amount of people.
All right, guys, my name is Denny. I go by Patriot Sounds.
I have been a content creator, educator for 13 going on five years now, and I am so happy to get this party started.
I'm going to head and kick it to Kenton. Go ahead Kenton.
I think you're muted, Kenton.
Can you guys hear me now?
Sorry, I'll start over.
I was on mute.
Sorry, guys.
Yeah, Kenton and Ralph Toes.
I'm the founder and manager of the Ushur Rune Fund.
It's dedicated to investing in Roon
and running nodes on Thorchain.
So I'm a node operator and bond provider with Thorchain.
And part of being a node operator,
I'm active in the governance of the protocol.
And I push forward getting this new Thorchain front end
and marketing budget approved.
So the front end is coming along.
I'm sure most of you have seen it.
We have the unstoppable devs are working on it.
That's why you see the unstoppable URL.
That is not, this is just a beta test site, guys.
This isn't, that's not the final URL.
It's gonna be swap.thorchang.org.
We're just, even, I don't know, what's before beta?
Like we're in Charlie version right now.
So, but we need testers. we're just super even i don't know what's before beta like we're in charlie version right now um
so but we need testers please try and break it you know for what it is right we know i know there's missing you know certain wallets and some things but um just play with it for what it is and if
anything needs to be fixed if there's bugs you know please let us know the more people the more eyes
we have on it the the sooner we can fix everything,
right? Because we can't, one guy can't see all the different things, right? Because we'll use
it differently. So your feedback is needed and welcomed. So that's on the go. And just
remind, and remember, guys, it's going to be the full site, like once it has everything done that
everybody wants, it's probably going to be January, right? It's going to take, it's going to be the full site. Like once it has everything done that everybody wants,
it's probably going to be January, right?
It's going to take, it's going to be a slow rolled out.
We should be live on the swap.torchain.org relatively soon,
but adding all the features and everything, right,
is going to take a while.
And especially like desegregation,
that's probably going to take, you know,
a good six to eight weeks type thing. And I really don't want to put any money into pay-per-click or pushing people to
the website until the dex segregation is done because you know they come to the site they
can only trade 10 tokens and like and they'll leave right you know i want them to be able to
trade everything type deal um marketing stuff is coming along. It's good and a bad,
in a sense. What's good is I'm finding lots of people, firms that appear competent and can help.
The bad is trying to decide between them. So Scorch and I have been in some meetings. We've
been talking to each other. Hopefully, within the next couple of weeks, we're going to have a total
plan in place, you know, people, people brought on board and whatnot, uh, but it's still going
on, still working on that.
And, um, um, and yeah, though, so this, this space, you know, talking about NFTs and art,
uh, I think it's kind of, it's actually, it's really timely because I don't know what
everyone else's Twitter feed is like, but it's like politics, like smacked in your face, right?
And, you know, politics just divides people, but art brings people together. And so I think it's
pretty cool. We're talking about art right now. And, you know, I've been pretty impressed with
some of the stuff I've seen on Twitter
with your guys' graphics, and that's really cool.
And for those of you in the space,
we're trying something new here.
Patriot and I are on a video call with Corey,
and we're going to try recording this.
Well, we are recording the video.
And Corey will be able to show us some of his artwork.
And so we'll actually, whatever he's talking about,
we'll actually be able to post it
and you'll see the live video or the recorded video, sorry.
So with that said, Cory, why don't you introduce yourself
and tell us how you pronounce the name of your project
because we've all been dying to figure it out.
It's definitely a bit of a tongue twister.
So, yeah, everybody, my name's Corey.
Most of you probably know me as CT Butt on X or Telegram.
I'm the co-founder of Galactic Mining Club
and the founder of Einherjar, Guardians of Asgard.
We added the taglines specifically because, you know it it's a norse
term that really doesn't translate well with an english pronunciation um but i mean it goes with
the the theme of thor chain and the norse mythology so we thought it made sense to uh
to really dive in i'm harry are they're right i'm harry are yeah that's right yeah okay what does it Ayn Harriar. Is that right? Ayn Harriar.
Yeah, that's right.
Yeah, okay. What does it mean?
It means Army of One in Norse. So in the Norse mythology, the Ayn Harriar were the best warriors on the battlefield.
And when they were slain, the Valkyries took them to Valhalla, where they would train for the fight of the end of days of Ragnarok.
So that's the mythology of the best warriors that the Norse ever had, I guess, in their mythology.
So we thought it really fit with the Thor chain theme.
And then, of course, the IBCBC mafia's art has been second to none
with what he's been pumping out for.
Cool, cool, I love it.
Do you mind if I share something quick?
I don't know if you guys know, but Yusha,
the name of my company, it's a Chinese word,
it stands for it means wandering vigilante.
And so like someone with power who helps those in need.
And in the West, that's like a knight errant,
like the knights of their own table.
And so I just, I really like that.
I think we all aspire to be something cool
and admirable like that, right?
So the Iron Harrier is kind of similar.
So that's neat, I like that.
So tell us about yourself, Corey, and what, you know, your background, how you got here, how you started this project.
Yes.
So, I mean, I've definitely had a bit of a story past in crypto.
I've been around since 2017.
Kind of that initial Bitcoin breaks 10K was kind of what got me in initially.
You know, so wrote at that initial bear, really kind of made a bunch of friends in the space.
But, you know, coming into, you know, 2021, 2022 with Luna and of course going through that
experience, just trying to recover after those significant losses i met um hashimoto who was uh he he had actually was planning to launch
luna miners and it was scheduled to launch two weeks after uh the luna collapse and that's what
eventually became galactic mining club so we met in the fall of 2023 we started kind of hashing out where this was going to go.
He had at that point had already met IBC Mafia, our artists, and he had been pumping out all new
artwork. We had pivoted from, you know, the idea of backing NFTs with Bitcoin and things like that.
So, you know, early 2024, we launched Classic Mining Club. It minted out in four and a half
hours. And they're the first kind of
NFT that was backed by Bitcoin. So it's, and we're actually just rolling out the ability for people
to burn and claim that as well as take loans against the Bitcoin backing. You know, so we're
really trying to kind of innovate in what they call the NFT five space, right, to put more value
to an NFT than just the art.
I mean, again, and I don't say just the art to minimize it because it's incredible.
And, you know, we've people kind of find their own what they like and what kind of grabs them.
It's been one of those great things to see.
And I'm still seeing new pieces that I never saw before.
But yeah, so it really kind of took us down this path.
And unfortunately Hashimoto passed away back in March.
Sorry.
So we, no, thank you.
So it was really unexpected.
There'd been a lot of history there.
So we're just kind of trying to keep
Galactic Mining Club going.
And I'm Here We Are is kind of the first,
what we're calling an outpost collection. So it's kind of taking that initial theme of what we had with, you know, having a back by an NFT backed by hard assets, engaging in DeFi and other activities to to generate rewards.
And in this case, you know, kind of doing it with what all that Thor chain has to offer, because I've personally been a big fan of the ecosystem for a long time.
I think my first room buys were back in 2018.
So, you know, it's really kind of the last couple of years and seeing where things are
going, I've really wanted to embrace that.
And I think with this collection, it's really trying to bring this to a new level.
How did the NFTs backed by Bitcoin?
How does that work?
Like where who's how is how's the Bitcoin custody? What What blockchain is that on? Is it like a wrapped token? How are you doing that?
So it's wrapped at this time. So we initially launched Onterra. We migrated to Osmosis earlier this year.
So what we have is basically we have L9 miners that do script mining that are in a hosting facility in Washington.
So a portion of those weekly rewards are distributed to all our holders.
A portion of it goes into this backing.
So right now it's in an LP, Ontario earning 30-something percent.
But it's WBTC that is devoted to those 4,000 NFTs.
We don't do anything with it except let it generate a little bit of APR.
We're not putting it at any risk.
It's there for the holders.
And now, like I said, with the burn plan, of course,
it's allowing them to unlock that and access it.
But, of course, with Ruggiero or something like that,
it's definitely a much more easier
process than having a wrapped token and then deal with
bridges.
Yeah, before before we get into Ruggiero, I was curious, so
that the current setup, like, are you guys in you control the
keys to the pool of the WBTC on the pool? And then you the NFT
holders basically trust you?
Essentially, yeah. So, okay, so there's a team of,
there's seven of us that are part of kind of
like the council quote unquote of Galactic Mining Club.
And so there's a number of multi-sig setups
through DowDow that governs the controlling of that backing
and the other treasury know other treasury assets
so maybe it's a good segue into regir and thor chain is there a way for you to
bring that pool bring those assets into thor chain and um
eliminate or remove your control and give more control to the nfp holders
um i mean absolutely there's definitely some avenues there. We currently have, I believe it's like 40,000, 35,000, 40, some devs that we're close with. I'm sure they could work up a few little tools that would allow, you know, instantaneous redemptions and things like that, leaving them a bit more autonomous and not having that trust issue.
Yeah.
But so, but for now, so is your focus on Einherar.
Sorry.
Say it again, please. Einheriar. Einheriar. Einherjar. Sorry. Say it again, please.
Ein.
Einherjar.
Einherjar.
Einherjar.
So Einherjar is totally new.
This is a new batch of NFTs, totally new launch, right?
Yes.
Yeah.
So instead of where it is, whereas Black Mining was doing the Bitcoin mining and paying out
that, we're doing the Y-Rune backing and paying out through d5 and other activities on the the platform and uh well that if these nfts
are backed by tokens again are you you guys are managing it um your dow or is that going to be
all written in the smart contracts um so again initially it'll be definitely managed by the DAO and through a multi-sake.
But the goal is to streamline and make this as autonomous as possible as the time goes on.
Obviously, I'm not cash flow positive at this stage to be able to get everything ahead of time.
But the plan is to make sure we have these things dev'd out and have that process in place for an easier
redemption as time goes on. So what tokens do you want to back these by? You said YRUNE and what
else? Yes, so the primary token would be YRUNE that's backing the NFTs. I had a couple of meetings
with JP over at NAMI and his team. And discussing some of those particulars
in terms of how it can be an index token
that'll grow over time.
So it's giving you that rune and that TCY exposure
versus just having kind of the rune backing
and whether we're going to bond it or find,
again, bonding it, locking it up.
If there's a redemption process in place,
that kind of turnout would make it more difficult. So the ease of claim is definitely something that we've had uh had at the front
of our mind as well um but then we're also going to you know uh the goal is to have rune bond to
generate rewards have ruji stake to generate rewards and have uh you know various DeFi plays across the ecosystem. My hope is once CFGI rolls out their trading bot
onto ThorChain, we'll be able to utilize that,
put in stables and let her trade,
at least do a portion of the DeFi trading
to again generate rewards and pay out.
The goal is monthly to holders.
So just, and just remind people, what is YRUNE again?
YRUNE is the index token from NAMI Protocol.
So it's composed of 80% RUNE, or it's backed by 80% RUNE, 20% TCUI.
That's auto rebalance.
So you kind of deal with benefiting from the price appreciation of RUNE or TCUI,
but it also ARBs the pools. So it generates
additional revenue by doing that ARB. The initial YTCY tests that they did were 11% higher revenue
generating than the traditional TCY. So it's giving you a little bit, a little more opportunity
for your tokens to gain value, especially for a
backing token, that's going to be a bit more idle than something
we can actively use in DeFi.
So the the 20% it's in Tcy, the yield from that, where does that
So that's Nami would probably be able to best answer that.
So what happens is the rune that's yield goes back into the token.
So the Y rune value accrues based on the rune that comes from the Tcy portion.
Then they also, you know, again, the auto rebalancing.
So if Tcy runs and all of a sudden it's 22% of the backing,
that other 2% difference will be shifted over to the rune to maintain
that 80-20 ratio.
But the yield from the Tcy is being collected and is being compounded inside the Y rune.
Yeah, yeah.
Okay.
Okay, cool.
And you said YTCY, and that isn't that YTCY is 80% TCY and 20% Rune, right?
Yeah, so it's almost a mirror token of what the Y Rune's doing.
Okay.
And so why did you choose Y Rune instead of YTCY?
I think launching on ThorChain, we wanted to... so initially with the idea of backing value by Rune, we didn't want to devolve or diverge too much from that plan.
We feel like there is an immense value in Rune as a token, especially in a long term.
So with prices here, it's like, let's hoover up as much Rune back and let's make sure holders benefit from that growth in the token.
TCY, I think personally I hold a bunch of it as well i think it's it's a very
valuable angle as well but i think you know having that y room be having a bit more exposure to
the network effects that roger will have on room price specifically versus just the the tcy and the
the revenue model will benefit holders which more in the long run okay cool so then so how does it work so like if
somebody like people are going to buy these nfts and whatever money like if i spend a thousand
bucks and buy an ft am i going to have now a thousand dollars of y room like how is that all
going to work um so there as of launch there's a uh i guess a breakdown into our like paper if
people want to dig more into it so initially it's be about 20% of the mint cost is going to be going into backing.
So there's gonna be 20% going there.
There's a portion again going into Rune Bond into Ruji.
So we're kind of divvying it into these different pools.
So it's gonna be DeFi, there's gonna be Bonded, there's gonna be Ruji staking, and then there's
gonna be the backing.
Then the rewards that kind of generate from there.
So say 15% of everything that's generated on the bonded rune
also gets converted into Y rune to increase that backing.
15% of the RUG that is earned through staking or the USDC
that's earned through staking in that part will go into Y rune backing.
So as well as the Y rune gaining value over time compared to rune,
there's going to be more going into that backing all the time as well as the Y-Rune gaining value over time compared to Rune, there's going to be more going into that backing all the time as well.
Okay. So of my $1,000, 200 bucks is going to go into Y-Rune right away.
The other 800 is going to be split between going into pools and bond providing.
And then the yield from those is going to be used to more white room to add to my my backing. So I it. But
yeah, that I'll say that that's correct. And but also a portion
of that wheel will be paid out regularly. So we want to also
distribute a portion of the room that's generated through the
bond, as well as a portion of the Rudy that's generated through
the staking to holders as well.
So we plan to do those distributions monthly.
What if a holder doesn't want the distributions
and wants to keep compounding, you know, keep it in my,
I just use it to buy more of Y-Ruin or whatever,
would they be able to do that?
That's definitely something we can look at i think the this was initially how we envision
things but we're also flexible to respond to the community at the end of the day um you know the
project's goal is is to to build and foster community to contribute back to the ecosystem
and if this is something the community wants to do this is definitely something we're going to pursue
this is something the community wants to do and this is definitely something we're going to pursue
so that sounds pretty cool but um how do you get paid you're not doing this for free uh no no no
so again the i guess the front end there is you know a portion of the small portion of the mint
that will go to the artist and myself for the the the setup and the rollout um but otherwise it's it's some nfts i'm gonna have nfts and the
revenue that generates is going to um you know i'm gonna get rewards off that um and then we have a
small 10 performance fee but i'm gonna dial that in like initially i'm probably just gonna say
leave it be let it go um over time like i want to make sure we reinvest and let things build and
then you know at some point we'll turn on it things build. And then, you know, at some
point we'll turn on it that 10% performance fee and, you know, have a little bit of revenue coming
in that way. But I think to properly build a business, I don't want to extract value,
you know, from the get go. Yeah. Yeah. Okay. So will your NFTs be able to trade at a premium then?
Like, let's say everyone falls in love with the art.
You know, it's amazing.
You know, art can trade at crazy value, you know, crazy prices.
If you're wiring everything back in a token, let's say it's only worth a thousand bucks.
Can these NFTs trade for 5,000 and 10,000 and whatever?
Like, can they trade?
Yeah, how is that going to work? Like, there's going to be a secondary market for these NFTs that for 5,000 and 10,000 and whatever. Can they trade? Yeah. How's that going to work?
There's going to be a secondary market for these NFTs that people can trade whatever price they want? Yeah. Yeah. So we're going to, when Ruggiero NFT marketplace goes live, we'll launch
the secondary market and have them trading there. And I mean, the hope is, again, there'll be this
inherent back value that
will grow over time to create a kind of a naturally rising floor for the token. But again, like you
said, with art, people see different things, they value different things. In Galactic Mining Club,
we have, you know, certain people who are valuing, you know, more female characters, or they want a
certain color, or they want a certain specific look to the entities
they get. So we're, you know, that'll be available there. And then our also goal is part of what
we've included in the art is various traits. So we've picked, you know, a number of protocols
and projects that are launching or have launched on Thor chain that are part of the larger ecosystem
that we hope to have further discussions with
to see if we can kind of build in some additional utility or benefit to the people who hold those
specific traded NFTs. Cool. And these NFTs, are they going to live on like Thor chain? They're
going to be a Thor chain based token? Are they Ethereum based? Yeah. So I mean, this was always envisioned as a Ruggiero project, so it'll be live on
ThorChain. We're not going to launch the collection until the Ruggiero marketplace is fully launched,
which we know there is a bit of a delay in. So we've kind of developed a bit of a contingency
for the meantime, but for the actual collection, it's not going to be launched until
the marketplace goes live, whether it's later this year or early 2026.
Okay, cool. So what wallets would we need to use to have to be able to hold your NFTs and view
them? How will that work? So we're still waiting for some details, of course,
how Ruger is gonna implement their marketplace.
We're gonna assume the any root Thor chain connected wallet
will support and be able to have the NFTs viewable.
I know with Thor guards and things like that on Ethereum,
you can view them in Valtisig.
And Kepler as well has the ability to view NFTs and things like that at times. You can view them in Vaultysig and Kepler as well has the ability to
view NFTs and things like that at times, I believe. So there is definitely, or not Kepler, sorry,
LEAP. So I mean, the goal, yeah, definitely will be able to have them visible in wallet,
work with any Thor chain supported wallet and tradable so we i i in seeing what ruggiero's been
building i don't anticipate them to make it any more complicated for for the nft marketplace
versus any other you know any other um dap that they're building would somebody be able to
like let's say you have a key store wallet you know pretty basic right and i can maybe hold
the nft there but i can't see it but i I be able to, like, go to your website and connect my key store to your site
and then be able to see the NFT there?
Yeah, so that's definitely, we're definitely hoping to build that piece out there
in terms of connecting this site.
We can have galleries and things like that up pretty quick.
Again, I'm working with the Fade Ons VIP guys
on the Dex front end.
So, you know, the more we can build into that interface
and to, you know, flesh out that website
to have like the gallery being able to see the NFTs
in that group, I think that'll be, you know,
our ultimate goal.
Okay. And you mentioned Rooji Marketplace. Is that going to be like openc what uh yeah yeah
yeah so they're they're building their own nft marketplace um uh i know they that there has been
some delays because initially we were kind of thinking we would be able to launch uh last month
um but i know the the team kind of we we had some discussions with them on the backside.
I know they've got some things to announce, you know, including there's potential new
they're looking at a different NFT standards. So of course, if if they're looking at a specific
special NFT standard that can have other perks or benefits or that could make some of the
goals we have in mind easier, then we definitely want to embrace that.
Oh, are there other teams? Do that. Cool. Are there other teams?
Do you know if there's any other teams working on FT's or are you guys the only one?
I've heard that there is a collection or two internally that are being looked at.
I also know like the liquidity guys that when they were Manta Dao,
they had the Manta squad over on Stargaze. So some of these collections i'm kind of anticipating will migrate over to the ruggiero marketplace once
it is live cool cool uh patreon i've been kind of hogging the conversation did you want to jump in
and no actually i think you're asking all the right questions man and i was learning as you
were going so i think that's pretty i can't actually think of any other questions i think
you covered it all maybe we should get into showing some art.
I mean, I know that audience is gonna see,
so maybe it's best if we just kinda,
we know we can have in the background talk
more about this stuff and then people can maybe see
the video later and for themselves probably.
Yeah.
And Corey, you wanna share your screen,
show us some of these?
Yeah, absolutely.
Yeah, sorry guys in the space you're not gonna be able to see this but we'll put it on youtube
yeah this is the evolution of stages we're gonna try and level up here
um what are some like what are some possible because i'm a bit of a boomer when it comes
to mfts i'm gonna be 100 honest with you like um do you see any foreseeable
like utility use case beyond what we talked about with nfts or maybe you know the sky's
limit given you know a rigorous infrastructure of possible things that we can use any nfts for
yeah i mean i think as the technology grows we're really seeing um you know that nfts can be used in
grows, we're really seeing that NFTs can be used in any kind of way that a traditional
token would be. Over on Neutron in the cosmos, they're doing NFT fractionalization where
you can LP your tokens. So you divide an NFT into so many parts and put it in an LP and
generate fees in that way. So I think as the technology advances, you know, when we, when FTS first launched,
it was kind of, you know, board eight yacht club, it was, you know, it was a
picture and people got into these communities and the communities were
around it. But as time goes on, we're seeing more and more, you know, what it's,
it's people love the art, but they want more than the art. They want utility,
whether it's, you know, NFT five, whether it's, um, again, having perks or
benefits for, for having specific NFTs. Um, you know nft5 whether it's um again having perks or benefits for for having
specific nfts um you know people don't want to do invest money in something that uh they're not
going to see a return on investment from so these things are pretty freaking cool you guys they're
like they're very um masculine i would say there's also the girls on there look these girls look
tough too like if you took this girl on a date and she started like picking food off your place and eating in front of you, you wouldn't reciprocate.
I mean, you know what I mean? You'd just like, okay, you're in charge. You know what I'm saying?
She would take you on a date.
She would take you on the 5 p.m. and then drop me off.
100%. Yeah, she's driving. You know what I mean?
These are pretty cool.
So these are, like, did you guys, like, hand draw these?
Or are they AI generated?
So IBC Mafia does AI art.
He's been kind of refining his stuff share.
No, that was the last one we come through i went through every
sample i had um so he's been sending them up yes he people want to look at our faces let's look at
the art um perfect all right let's get through that um yeah like i definitely think um
um yeah like i definitely think um that there's uh sorry i lost my train of thought um i've seen
mafia so he he's been kind of refining his prompts i think that you know there hasn't really been um
art like his that i've seen in terms of the ai generated um i think galactic mining club really
still stands kind of as his pinnacle um you, you know, there's again, like I said, I've been looking at these pictures
for four and a half years, or for a year and a half. Sorry, my
God. Yeah, looking at our own get myself all distracted. Yeah,
but I've been looking at GMC, GMC images for, for a year and a
half, and I'm still seeing brand new ones. So I think his, you
know, he's kind of taken in a different direction and
what i'm seeing so far with with iron here we are is is much the same he's uh continuing to refine
his model and and one of the things we wanted to do is you know his first question was are we going
to just going to do a pfp collection so i kind of said you know what like there's a million and one
pfp collections out there so yeah we're going to have some that'll be great as as profile pictures but um you know have at it go have fun with it do full body do scenery do whatever you want to do
um you know so i'm excited to see kind of what he's come up with you know it would be really fun
we got to make um specific for chad he wants big french chad you ever seen his he ever follow
french chad how the guy like works out and like his physique,
like he looks like an animal, you know what I mean?
I wonder if we could get like,
those that's worthy though.
You can't have like some really big,
not out of shape person, you know?
I wonder if those who work out,
it might be a good incentive to get people to work out.
If you wanna be an NFT, start hitting the gym.
You know what I mean?
Yeah, no, absolutely.
I mean, we are kind of doing that to a
degree um doing some some honorary nfts and you know putting some names on them for for some
people that are big in the community and big in the larger ecosystem this is pretty good for ai
art i would if you would have told me these were hand drawn or like you created them yourselves i
would have believed you it doesn't it doesn't to you. It doesn't, it doesn't, to me anyway,
it doesn't stand, like doesn't jump out. Like some AI art is pretty obvious.
It doesn't look obvious to me.
These are fantastic. Yeah. Especially like the old man. I mean,
you can't see it now, but you have like a headband.
You look like a Willie Nelson, Nordic Willie Nelson that just doesn't take any
nonsense. You know what I mean? It was all about war and peace.
I really like that one.
So I'm really excited for people to watch them.
I like this.
I like that one.
You go back to the girl.
She's got like just a hint of a grin, hint of a smirk.
I like that.
Yeah.
Yeah.
Yeah.
That's the one that's in control of the date right there.
You know what I mean?
And then she's like, yeah, I'm the daddy here.
She's like, yeah, I'm the daddy here.
You know what I'm saying?
You know what I'm saying?
Yeah.
Yeah.
So Corey, I think actually what kickstarted
getting you onto this space was I
replied to one of your posts of a video.
You had like an animation of one of these.
Like really cool.
Do you have any, do you remember what I'm talking about?
Do you have any of those animations you can show us?
Yeah, let me stop
sharing really quick just to see
if I can find it.
What's really cool is
since you're looking for something, you know, you just go ahead
and share when you've got it. This would be a really cool tech
to eventually mix with
the NFA technology that they're
building over on NFA, right, where you
can convert your NFT into an agent that actually has AI
incorporated into it and can do tasks. So, you know,
that's a new technology too, but you guys,
it's going to be super exciting to see where all this goes,
particularly with Jira, all the things that community wants. I mean,
really the sky's the limit when it comes to not only what's possible,
but then utility.
Your mic, I feel like it's muffled.
I'm not able to hear you very well.
Same for you, Corey.
Yeah, it's a little bit muffled, for sure.
What about now?
Oh, it's much better.
Oh, OK.
OK, I'll fix it.
Sorry about that, guys.
There you go.
That's better.
This is the one you're talking about.
That was the animation there you were talking about.
Yeah, yeah.
And maybe because of where,
when it was on Twitter, it was much smoother,
maybe because we were on the video call
and the leg and whatnot.
But it's pretty cool.
So is that just like uh you guys are just something
you're just advertising or is this what the actual nfts will look like too uh this is just
advertising this is something that one of the community members um developed actually she uh
you know she just kind of threw it together and said hey you know take a look at these if you like them, do something with them. Yeah, right on.
So, well, good.
Kudos, sir.
Great idea.
That was really cool.
Good job.
So these NFTs then,
are they going to be limited, unlimited?
How are you doing that?
So we're looking to...
So there's going to be 3,333 is the total number.
There's some significance to the number 33 in Norse mythology.
So again, we're kind of keeping with that theme.
So I guess we're kind of at a bit of a crossroads, like I mentioned, with the Ruggiero marketplace.
So we've kind of envisioned a way to try to at least get the ball rolling a little bit so that we can embrace kind of as the marketplace heats up.
But, yeah, no, there will always just be that hard cap.
And when people claim and the backing and things like that, they'll be withdrawn from the marketplace.
Cool. And so the numerology there, too, you got four threes.
That adds up to 12. one plus two is three. So you're really sticking with the three numerology.
Yeah.
What is the significance? Can you tell us?
Oh man, I'm going to have to, I'd have to go back in my notes. I know a lot of the history, but I don't know off the top of my head, unfortunately.
Okay. We need numerologists. We got any numerologists in the crowd? We got, there's got to be someone. one of i know a lot of the history but i don't know off top of my head unfortunately okay we
need numerologists we got any numerologists in the crowd we got there's got to be someone um
should we uh patriot should we i haven't been paying attention to this to the actual space
do we have any anybody's requested to come up to speak yeah let me see um yeah we do have one
have aftermath i will go ahead and improve that right now. Very good. And if you want to come up, please feel free. You know, this is a this is a fun project. You know, it's more like it's community based, right? Like, it's really cool. I mean, this is how we build the ecosystem is we just make really cool things and it just attracts, you know, people, right? So I think these things are awesome. And I'm really excited for people to see this, this recorded live stream. This me really cool. Really good stuff.
Yeah. Shout out to everyone, by the way, please guys share the space. Let's get this out here.
Like, you know, this is the very beginning of something truly special. I mean, there's just so
many teams now that are working on so many projects. I can't keep up like when I came up
on this space, like I was largely uninformed, and I'm trying to be informed. That's just how much is going on. It's crazy.
So Corey, these just, these are just sitting on your computer. There's,
you don't have these live on a website or anything like that.
No, not currently. These are just a bundle that I was sent kind of as samples that are kind of
work in progress. There's definitely going to be some some minor changes um but yeah these are kind of just some samples that the
artist sent me i am still waiting on uh final collection so we can get them them up okay and
when you get so when you launch are people going to be able to actually choose the the specific
images they like or is it going to be be like buying a package of hockey cards?
Like you don't know what you're going to get until you open it.
Basically, it's going to be like buying a package of hockey cards.
Yeah.
So typically with NFT mints, it's kind of almost like the candy machine, right?
You dump all the NFTs kind of in the top like you would a bunch of gumballs, and then you
just crank the wheel and whatever you get, you get.
So that kind of creates a little bit of, you know, the heat and whatever you get you get um so that kind of again creates a little bit
of um you know the heat on the secondary because you're going to see something you really like and
you know try to nab it try to uh try to get something that really fits your feeling and
again with some of these names and things like that that we're going to be putting on them there
might be people that want to have the nft with their name on. And is there going to be, like, I remember with Thor Guards, they kind of had, like,
I don't know, like, like, some of them were, like, better quality, or I don't know how you
say it, like, you know, had more features than others. And I think it might have depended on
how much you paid, you would get a better quality one. Are you looking at doing the same?
Or is like every NFT here is going to be the exact same quality
and it really is a lottery which one you get?
So there will be like a rarity scale based on a number of traits and things like that.
Again, we're being a little more loose with them this time than some previous collections
because I think, again, the art really speaks for itself and so we'd rather just um have people
kind of say you know what i like the way that one looks i'm gonna buy that um but yeah like
we'll have some rarity again the the named ones there's only as of right now i think there's only
about 100 names so you know they're gonna be one of 3333. Some of the traded ones,
you know, there's only going to be 50 to 100 of those. So again,
they're gonna be very some very rare segments or look cut
some collections within the larger collection.
We say only 100 names, so you're gonna have the same name
will be recycled with some different images.
Is that no,
note. So what we're gonna do there actually so there's again like I mentioned there's the honorary names for people that are kind of working
in the ecosystem but then we also been having an ongoing ability for people to to purchase names
to have on an NFT so each of those names will be just on a singular nft and no others um so again that'll be kind of a one
for that particular trade it'll be a one in 3333 which will make that nft much more rare say than
you know ones without um and any ones that we don't have names for are just going to be you know
unnamed okay and by the name is the ecosystem you mean you're gonna have like like a a corey
like this guy he's gonna be he's gonna have a corey name attached to him there's gonna be one
with denny is that what you mean um in essence like we picked some individuals like you know of
course we had jp thor we had jp nami we've got yourself we've got you know, of course, we had JP Thor, we had JP, Nami, we've got yourself, we've got, you know, Denny, more so, we need to do a Patriot Sound, kind of the names they're familiar with.
You know, we've picked, you know, some individuals from ThorChain, from Rujira,
Maya, Mocha, I mean, you name a project, and we've probably got somebody we picked off of it,
validators, you know, just people who are contributing.
Try to a little bit of tip of our hat
to the people who've come before and built the larger ecosystem.
Well, thanks, man.
Thanks for thinking of me.
Makes me look forward to this now even more.
Yes.
Cool.
Do we?
I think this is cool because
if you say if it's about other
projects that are developing, because I'm sure
a lot of these projects are going to take off, I think that
would definitely help the value
of that NFT, of course,
associated with a certain product.
I guess this is the time, guys, if you're interested in
this, when those
themes come out, gobble up the
product that you have the most confidence in because you know that's that's it well absolutely oh sorry go ahead cory no i was
gonna say and that's and the hope is like if you like again if you like mocha or if you like maya
the hope is that we'll be able to network with those teams and and come with hey if you hold
that nft you get you know this kind of a benefit or that kind of a benefit. So again, you're supporting the teams you like, but you're also
getting something out of it for yourself as well. Let's do a prediction. I would say, Kenton,
you're going to be really valuable. I probably won't be that valuable. I would say Alex though
would be really, really up there. I just have a feeling that our Mexican savior is going to be
high on the valuation. That's what my gut says. What do you think?
Would it be sacrilegious to have some kind of Aztec imagery mixed with Norse?
Is that for Alex?
I think we could make an exception for Alex, and that would probably add to the value, right?
Of course.
well the the the um like nordic you know they did land i'm not a historical expert on this but they
did actually come to you i don't think they went down south of that to around that area but hey i
mean they were technically in the in the zip code right so there you go so it makes sense i'm in
newfoundland there's a norse camp and probably seven and a half hours away from me, actually. There you go. Yeah, that's right, man. Yeah, the Vikings settled Newfoundland,
like, wasn't like a thousand years before Columbus came or something like that?
Yeah, something like that. I can't remember. Yeah, yeah. The mistaken point is the location. This is on the very tip of the island and
they actually just found a second settlement probably about an hour away from me, closer
inland towards kind of between where Newfoundland and hits the mainland.
Cool. Yeah, I forgot. I noticed that on your profile here for Newfoundland. I was going
to say, I'm from I noticed that on your profile here from Newfoundland. I was going to say,
I'm from Alberta, from Calgary.
Oh, okay. I grew up in Fort McMurray.
Well, Fort McMurray is like the second Newfoundland. It's like...
Yeah.
Well, you upgraded leaving Fort Mac going back home then. I imagine it's much prettier where you're at now. Fort Mac isn't
that, it's just not, yeah I guess I should say it's not that bad up there. They've been working on it.
Yeah, yeah. I used to work in Cold Lake, a little bit of work up there and so I kind of,
So I kind of, I've never actually been to Fort Mac.
I've never actually been to Fort Mac. I just know of it.
I just know of it.
So, look, yeah, guys, the reason you're curious,
if you're Canadian is joking.
So Fort McMurray is, that's where the oil sands are
in Northern Alberta.
And there's a ton of Newfoundlanders
come out there to work.
Like a lot of, in the oil industry,
there's a lot of, you know, it's kind of like seasonal work. You Like a lot of, in the oil industry is a lot of,
you know, it's kind of like seasonal work.
You get a lot of transplants, you know,
people kind of from all over the country,
but it's tons of Easterners, Eastern Canadians,
Maritimers go to Fort McMurray to work.
So it's, I'd say there's just gotta be more of you there
than Albertans.
Oh yeah.
At least half my town is in Alberta two weeks of
the year or two weeks of the month. Yeah. They're just fly back and fly out. Yeah. Could I shout
out someone in the audience? So we have the lovely Crystal Buchanan in the audience. And I want you
to know that I already mentioned the NFA angle here. Now, I know that would probably take some
doing, but I want you to know, Crystal, I'm pushing that everywhere and we're really excited. So,
you know, these are the very beginning steps, you guys, where all these teams, like the crazy thing
is like, I think of Thorchain, Ruggiero and all the surrounding ecosystems, like a landscape,
right? Much like how this is art. And then we're all just gonna start painting.
And really it's just gonna be incredible,
all the different things that we're going to do.
So shout out to you.
I'm really glad you're here.
Thanks again.
Well, and let's, yeah, it's funny.
Cause like, I don't know how I'm trying to say.
I mean, we all agree art is,
we all find some art beautiful, right?
Some people might not, this might not be their thing, but there's something else they like,
right?
Where there's something for everybody.
And I've always felt that, you know, right now, like society, like we're all just basically
scraping to survive.
And if we actually, you know, could get out of this, you know, fiat treadmill and actually start building and growing wealth,
the amount of free time and energy and resources we have will be incredible.
And what are people going to do with their time and their wealth?
They're going to put it into art.
And so I feel like we're on the verge of the second renaissance here where, you know, we get out of this malaise we're currently in and the art that's going to come over the next one or 200 years is going to be absolutely mind blowing.
And this is like the birth of, you know, this kind of art, you know, what you guys are working on is, you know, we're at the very beginning of that.
So it's
pretty cool um to see that was so well said kenton i i think there's something to be said here when
it comes to like this there's a story to be told right like and like art art is one thing like
something can look cool but it actually is really something when there's like a message behind it
and like what is the story of our shared ecosystem? Whether you're, you know, Mocha,
Ruggira, NFA, ThorChain, right? It's a story of struggle and perseverance. And I think that's why
you really nailed the aesthetic here because all of the NFTs that we've seen, like they really tell
a story of just like hardness, like determination and beauty at the same time. You know what I mean?
I think you guys really nailed the aesthetic here You know what I mean? Um, I think
you guys really nailed the aesthetic here and I'm really excited to see, I think the community is
going to absolutely love that because ultimately everything is a story of the human condition.
And, um, right. Like what we're talking about with Alex, I mean, there is just, there is an
incredible story there. So that's really cool. Kenton, I believe you are right. There's going
to be a new Renaissance, a spiritual reawakening as people now find hope in the technologies that we're building, right? That we are literally
redesigning the economic architecture of the world, that we're going to empower the average
citizen, every man, woman, and child, that kids will no longer be doomed to this fiat entrapment,
right? We're doing this thing. And I really like this. I just add a whole other element,
whole other angle that I think goes underappreciated.
So I am so excited to see this go live, man.
So kudos to you.
I think this is awesome.
You're Mike Patriot.
You got to fix it again.
You get it muffled.
But totally, man.
Like this is like when you guys,
like you go traveling,
you walk around and you see a church, right?
You know, and they're, whether you're're religious or not you can't deny it's beautiful
right and and and people spent hundreds of years building that thing too and it's and it's standing
the test of time and um that's kind of it's really it's really amazing when you stand back and think
about it right and um that's kind of the, that's the way I view crypto
and everything we're working on.
Like we're building, we're in the frontier
of the digital space, right?
We're building a new digital empire, if you will.
And this new financial system is gonna last
for hundreds of years, if not thousands.
But can you imagine somebody 500 years from now, a thousand years from now, looking back on us,
on our time, the same way we look back 500 or 1,000 years ago, right? And like, you know,
who were these people that built this? What was going on in their minds and what inspired them
and whatnot? And your, Corey, your art your nft is going to help tell that story right and it's going to stand that
test of time it's going to be passed down and and you know hopefully you know people are valuing
these like we value rembrandts and van gogh's right and it's like you know a reminder of of the past type thing and and honoring it and um
i really do believe what crypto is working on and thor chain in particular
is we are changing the world and you know it's hard to get people to understand that today but
i think i think history is going to understand it very well. And they're going to look back on this and be like, you know, who, man,
like who are these guys?
And this will be a way for them to connect with us.
So yeah, it's, it's, it's pretty neat.
It's pretty cool.
Yeah, no, I appreciate you both saying that.
I think, I think you're, you're right.
AI art kind of got slammed in the beginning.
But I think as it evolves and, and, but I think as, as it evolves and, and,
you know, as, as Patriot said, like, this doesn't look like AI art. I think just as much as,
you know, what kind of canvas you're using or brush, AI is just another tool. You have to,
you know, be able to use it the right way in order to make something beautiful. Um,
where, you know, I can grab a paintbrush and an easel and
you know i'm not a van go but the people who know what they're doing who have that skill who have
that artistic bone be able to build these arts i think you're right it's those are the ones that
are going to stand the test of time whether it's you know tangible or whether it's it's digital
well even like like look at the n NFT project that came out last cycle.
That was like before AI.
And you have 10,000 JPEGs are really all the same,
just kind of slightly different or whatever.
They just mass produce them.
And like that's not, again, maybe that is art, right?
To each their own.
If people find beauty in it, great, right?
But you can tell that you're genuinely trying to make each one unique like there's no
like they all look completely different so uh yeah it's not yeah the art
i was gonna say yeah the artist we've been we've been talking a lot he's just kind of really taking
his time with this delay and i mean there's hundreds that he's thrown out that's just it's he's having a standard and he wants to make sure again like you said everyone is unique
everyone has that special something that's going to grab your attention you know not everyone is
going to be for every single person but there should be something there for everyone yeah and
i i do apologize for the audio issues guys trying something new so hopefully do i sound better i
just want to make sure that sounds much better better. Okay, perfect. Perfect. Thank you, guys. Yeah, I love it. I mean,
again, you know, what we're doing here, it's far more important than any market cap number,
any price of any asset. We are literally redefining everything. And so, you know, as you said,
Kenton, I just love thinking about that. I mean, we're all going to be dead and gone one day.
Life is very short. It's very precious. So give it all
we got, right? And these will be like the remaining echoes. And hopefully people might hear maybe some
of these spaces and the guests and some of the topics and they'll understand like how hard this
was and how many challenges and so much ambiguity. And we didn't know what was going to happen and
you know, how razor thin the margin was between success and failure at times, right? I mean,
we've had some very dramatic moments, but never did we ever once consider giving up and we push
forward. So I love this, man. This is great. You are building something really nice here,
and it's just going to be super cool. Thank you. Thank you. I really appreciate that.
So did we, did you bring up Aftermath? Did he?
Yeah, he's a speaker.
Yeah, go ahead, Aftermath.
I didn't have my hand up, but yeah, Godspeed.
I'm trying to actually rack my brain to see,
remembering that the studies show people are 1,000% more likely to show up when invited.
So I'm kind of trying to reverse invite
people and maybe encourage them to listen
to the recording
and encourage everybody here
to go back to the original posting on
the ThorChain account
and quote post
it, tag it, retweet it from there just
for the laggards or
the people that are still sleeping.
Thanks for having me.
Proud of you guys.
Thanks, bud.
Thanks.
If anybody else wants to come up, ask any questions,
has any comments, I hope if you're listening to this space
and if you're just listening to the audio,
you really got to jump on YouTube and check out,
see what we're seeing right now.
The art's pretty cool.
Yeah.
Corey, is there anything you wanted to go over
and talk about that we haven't touched on?
Yes, I mean, I definitely wanted to, I guess,
I alluded to earlier the week
that we were gonna have a contingency plan for the delay in the marketplace so that we could, you know, try to hit the ground running and start, you know, building in the ecosystem and get things going before the market gets too hot.
Big thing there is that we're going to be looking at doing a contingency mint in the cosmos right now.
We're kind of weighing which platform we're going to look at.
And the way we're going to do this is it's going to be a singular open edition mint.
So we had already announced we were going to do $30 whitelist price, $35 public mint.
So what we're going to do with this contingency mint is we're going to say every NFT is $30. So it's the whitelist price, $35 public mint. So what we're gonna do with this contingency mint
is we're gonna say every NFT is $30.
So it's the whitelist price.
If somebody mints one of these contingency NFTs
and the open additions, when we do launch on Rujira,
we're gonna airdrop on Harry our NFTs one-to-one
for every open edition mint that you minted
during this period. That way, at least it allows us to get NFTs into people's hands,
start building that treasury so we can bond room, we can stake Rooji, and we can get things going
and start generating rewards. And we'll just, you know, 100% compound rewards until the marketplace launches, airdrop everybody,
their NFTs, and then distribute the rewards to everybody at once.
Cool. Patriot, do you get anything else you want to go over?
I was looking at comments and things like that.
We have someone requesting here.
Let me check that out.
Trying to multitask here.
Oh, we got Calc Finance.
I'm going to bring them up.
Awesome.
Very good.
So I'm going to bring them up.
Maybe we have another request here.
Okay, approve.
It's not a speaker yet.
Does anyone else see him as a speaker um i saw no help request
no he's still showing the listener i'd like to go ahead after i'd like to encourage eric to come up
i i don't want to let's not call people out in the audience they may may just want to
eavesdrop um if they want to come up they know how to request um i don't want to put anybody on
the spot calc is up awesome looks like calc is is here how to request I don't want to put anybody on the spot
calc is up awesome looks like calc is is here how are you doing Cal go ahead and check your
mic there yes guys how are you everything fine yeah good thanks is it late for you
I'm not the same person as you had on the show last month. Different person.
Last month you had Get Almighty on the show,
but now you have someone else more marketing-focused.
You're in Australia then, I take it?
Southeast Asia.
Okay, good.
All right, go ahead, man.
Take it away.
Yeah, so I was thinking,
so since we were very close to launching calc i thought about having
a little chat here and give you guys an update um so we we went to stage net um one two weeks ago
and on stage net we found that we had to do some improvements we had to go back to some api
found that we had to do some improvements.
We had to go back to some API upgrades
and kind of like back and forth and also reviewing the code back,
reviewing the code again.
But that's all starting to finalize now.
And it's looking very good.
In the meantime, we haven't been doing nothing.
We've been adding upgrades as well.
So you're going gonna have a couple more
interesting swap features so to say and um hopefully uh code hands from rogera can
he can upgrade the contracts to stage net again so thanks to the ability of Rojira team that they can upgrade the codes themselves.
Because of this, we can move faster and hope.
Yeah, so we've been saying this the last week as well, but hopefully now early next week for real we can launch.
What does this have to do with Ein Harrier?
Sorry, this is an update about Calc.
Because this is an open space, I wanted to share this with you guys.
Okay, thanks buddy.
Okay, sorry.
Not related to the NFTs project.
Okay.
I want to respect Corey in his time.
Go ahead, Corey.
I'll say no worries.
I say we may be in touch with the Calc team at some point in the future.
Yeah, that's totally fine.
Could look super cool.
Great.
Yeah, I was wondering if there was like, you know,
you have that different type of technology with Calc.
Could there's something you can do on the NFT?
That's what I say.
Like, there's going to be so many permutations of teams and capabilities.
It's going to be pretty wild.
So thanks for the update, man.
I appreciate it.
Cool. You're welcome. Corey can i if uh i don't know if this sounds gonna be sound bad or not
uh if i can make a request could there be some with a little more grins i love the the one woman
she's got just a bit of a smirk i'm like like that it's kind of like that devilish like
of a smirk, I'm like, it's kind of like that devilish,
like, it's like, I can mess you up,
or I can have fun type thing.
Like I just, I don't know, I just love that look.
Even some of the guys too, if you're looking for,
if your artist is looking for ways to tweak
some of the characteristics,
like just a little bit of a devilish grin.
I think it totally changes the look as a new element.
Yeah, I like those too, you know what I mean?
And just mixing up like that,
because the facial expression is also pretty important too,
but aesthetically, these are dynamite.
I appreciate that. Yeah, I mean, i know you go ahead go ahead let's say are you playing with anything like um
like there's the norse um like the terms the words but there's lots of symbol symbology too
like the like the tree was it the tree of life? What is it called?
Yggdrasil Tree, is that what it's called?
Like, and then you got Thor's hammer
and then you got rune and all the,
let's see the alphabet that the R is from,
stuff like that, it's a term they're called.
Anyway, have you thought about introducing
any of that kind of symbology into these NFTs?
Yeah, I mean, in talking with the artist, he's, again, very familiar with a lot of the mythology.
And, I mean, I think our first conversation about doing a ThorChain-based NFT collection was probably 12, 13 months ago.
was probably 12, 13 months ago.
So, I mean, he loves to embed that kind of stuff,
the symbolism, kind of little Easter eggs into his art.
I mean, we're going through GMC at times
and we're seeing, you know,
different things inspired by movies or books or television
or little hidden images or texts in the NFT.
So I'm sure just as much as he did it there
or with some of his other collections,
we're going to see a lot of that here as well, whether it's, you know, some subtle symbology or text kind of embedded that you can kind of, you know, translate and try to figure out what messages he's putting in there.
Cool.
And it's Elder Futhark is the language you're thinking of.
Elder, how do you say it again?
Elder Futhark? I think again? Elder Fulhar?
I think it's Elder Fluthark.
I might have to, that second word, a little bit messed up.
Okay, right on.
And so, like, these, all these characters or people that you're showing,
like, they're random people.
Like, you're not trying to like
like one of these isn't thor or odin or anything like that or are you are you going to do that
uh no i believe uh it's just kind of the larger random people it's not going to be anything
inspired by a specific individual um but again you might see some nods in different imagery to, you know, iterations
of Thor or iterations of Odin or things like that, but there won't be any kind of direct
this is meant to be Thor or this is meant to be this character.
Gotcha. Cool. Cool, man.
Yeah, I think I don't, it's hard because hard because i think man you're pretty straightforward what's
going on here um again i want to shout the audience if anyone has any questions or anything
you know you can feel free to request but uh this is really really really cool i'm digging it and uh
i think we'll definitely need to do an update um as as you know we get closer we get more of an
idea when this is going to go final because there's a lot of um things go you know a lot of up in the air right now because so many things are happening simultaneously
yeah absolutely i mean i think that with the the question mark on the marketplace right now i know
um like i said before the marketplace they were almost looking like a pilot style
launch where you really wouldn't set a price but based based on demand and supply, you'd see kind of the price fluctuate.
Again, with other NFT standards,
I think there's a lot that the Ruggiero team
is going to announce likely in the next few months.
So yeah, we can definitely connect it
and do an update closer to the mint time
and when we have a lot of those details worked out.
Is there anything someone can do preemptively?
I'm sorry, Kenton.
Anyone can do something preemptively?
Like they're super interested.
Should they DM you?
Could you just give some guidance like,
hey, I definitely am interested in this.
What can they do?
So, I mean, definitely the best thing right now
would be follow us on X.
You can join the Galactic Mining Telegram.
We're still talking about it.
I have to spin one up for for i hurryari as well um but yeah they can then dmd mct but one one four on x um we're you know like i
said we're gonna have uh some announcements around this this continues to get people involved get the
community building um and get stuff rolling out now in the next little bit so uh yeah definitely
keep an eye out for for news and shoot me me a DM if you're interested in getting involved.
And I'll let you know what we can do.
I like this girl.
I like the colors.
So how many do you have made already?
How close are you to the 3333 number?
My last conversation with IBC Mafia, he had said he had more than 4 000 completed
but he was kind of refining the last 250 to 300 so he's got about 3 000 locked right now
wow okay so these are this is just a sample um what you're showing us yeah even i haven't seen
the the entire collection yet.
I've been pestering him, but he had some personal matters
that came up, unfortunately, in the last week or so.
So hopefully I'll have updates now in the next week or two.
So actually, I just thought of something.
Will the marketplace only show the NFTs that are for sale?
Or will it show all of them, like a gallery, and you'd be able to scroll through all of them and see?
And just whether they're for sale or not, it'll tell you.
But at least you can scroll through the whole collection and see it.
Yeah, basing it off of kind of my experience with other NFT marketplaces, you'll be able to
scroll through to see the entire collection, but usually the ones that are for sale kind
of populate to the top, or you at least have the ability to filter by what's for sale or
filter by specific traits.
I know, again, the exact features that they're going to build into the marketplace right
now are up in the air.
But I mean, you know, I've seen, you know, the ability to do auctions, the ability to kind of just bid to set offers on NFTs that you like on different marketplaces.
So, you know, I'm sure, again, the root of your team, I got full faith that when it comes to it, they're going to build a pretty feature rich platform.
Yeah, I mean, I could even just get lost scrolling through the gallery just checking all these out cool
yeah be cool to see man when you're like when you guys are all done and
everything's alive we we have a few speakers up now I'm sorry I don't know
who was first I'm gonna go ahead and kick it to holly folly um go ahead uh check your mic yeah mic check can you hear me loud and clear go ahead
awesome thank you yeah i'm really excited about this collection i've been following galactic uh
mining syndicate and fox's art for a long time so um i'm a big fan and i was i was a little bit you
know you can tell that things are getting pushed back with uh the collection just because of the marketplace which i'm happy you would jared is
taking time to do it right um but i was just wondering like when i heard uh see but kind of
say um this is going to be um kind of pre-launch with the they're going to figure out a place
they're gonna you can buy kind of pre-tickets almost and then i think we're gonna i don't know
if we're burning them or cashing in to finally get it in Ruggiero.
It sounds like we can start buying these early.
And I'm wondering, does that include like the,
I know Galactic probably is asking this too,
but there's going to be kind of the Galactic mining outpost side of this as well,
where a little bit goes back to the Galactic mining side of things.
Is that all like, I heard you say something about interest collecting.
So that will be happening for the people who buy the pre art or the i don't know
what you want what i want to call it like a pre-ticket or you know an nft placeholder we'll
call it like and then what kind of timeline are you looking at i know you don't have exact numbers
are we thinking this month and next month or um but i'm really excited thank you
yeah so um i guess the we're gonna dig so we're looking potentially our two options right now are
stargazer superbolt the to be completely transparent we're going to dig. So we're looking potentially, our two options right now are Stargazer, Superbolt, to be completely transparent.
We're trying to see which one has the features that'll work best.
But yeah, so essentially it'll be that.
It'll be a kind of a pre-sale of an open edition mint.
So I'll get IBC Mafia to do a really sick piece of art.
You can mint as many of them as you want.
But essentially one of those will give you one of these iron harrier nfts when the time is right so we'll have a process where you you know send in
the open edition nft with your thor chain address in a memo um and then we'll airdrop the uh the
dine harrier nfts to your thor chain address when the collection does go live so you can still exist you can invest and the um
the money that's raised through this pre-ment will go into again the same breakdown as in our
light paper for uh bonding for staking for d5 and we'll start generating rewards that then
we'll distribute on our first monthly rewards drop after the collection does go live whenever that
does occur okay so there'll be like a pot already kind of
sitting in the collection when it goes live and so that okay that's excellent thank you
you're welcome okay awesome we have another speaker galactic mining go ahead
um hello guys uh good afternoon so um we're very proud of Cibad and IBC Mafia for getting this outpost out.
I would like to say that not many people realize, but actually creating AI art is not as easy
as it seems.
Because yes, you can create art using AI and then, you know, pretty much everything looks the same.
But to elevate this and reach the level of IPC mafia, it takes a lot of work
and you almost need to have an encyclopedic knowledge of your subject matter,
the lore, and whatever it is you want to put into that AI art. And it requires a lot of effort.
And it's good to see the way that he's refining and enhancing his prompts,
especially for this collection.
As to, you know, little Easter eggs and things like that,
I am sure we will see many of those.
I mean, I still look at the Galactic Mining Collection,
which I think it was like his flagship collection.
And I still find something new to look at every day.
And as to whether a figure can be suggestive and whatnot,
I think we can leave that to the artist
and I think we will be very, very pleasantly surprised.
And of course, I think that people will find things that they would like to purchase,
especially in the secondary market, and that will actually also keep the secondary market stimulated.
CBAT did mention that, well, Corey mentioned that,
you know, some people collect only a certain kind
of an NFT with trades.
For me, I mainly collect the females
of the Galactic Mining Club.
So yeah, that was, that's good for me. Overall, however, I would like to say congratulations to the team. From what we've seen so far, it's going to be another stellar collection and I am actually, and I think the entire community is looking forward to the Mint. You go, guys.
community is looking forward to the mint.
You go guys.
I think you brought up a really good point about,
you know, it's not as easy as it sounds to make art on AI.
This is so different than, you know,
us looking at a painting, it's like, oh,
let's just ink in a paintbrush on paper, you know,
what's the big deal, right?
Well, actually it requires a lot of skill
to be able to put that ink on that paper
in an aesthetic pleasing way. And I think if I understand what you're saying, it's no different
than with AI. You have to have the right prompts and be able to explain it properly to get
something beautiful to come out of it. And with AI being in its infancy,
it's arguably like this is the AI is at its most clunky, cumbersome part right now,
right, is at the beginning.
You know, give it 20 years and it'll be probably really easy to create maybe
this kind of art type thing.
But right now, it's really hard.
And that is part of what gives it some value and makes it interesting, right?
So yeah, I totally get it.
I heard a good saying once, and I think it really stuck with me,
is that when you see a piece of AI art, that is the worst AI art will ever be because it's constantly iterating.
It's constantly getting better every day.
The rate at which the video and the imagery is changing.
So it's definitely a very cutting edge at this stage.
So it's definitely a very cutting edge at this stage.
In theory, in essence, you'd think these early versions of the AR,
you would think it'd be the most appreciated because of how hard it is.
Yeah, sorry, go ahead, Patriot.
Absolutely.
Well, what I was going to say is if you have an old,
okay, so it's new now, but let's say 20 years from now,
and to give you an example precisely, Kenton, if you have art that is beautiful from this era, I think that might give it a little bit of more value.
Like this is art that was created with AI technology that was in its infancy.
So, you know, to be able to make something like this is beautiful.
I agree.
It's not easy at all.
And yeah, it's cool.
I mean, it's hard to think of the mic the market dynamics
um exactly but yeah i totally agree with you guys are saying and and uh like i said this is really
really interesting it's almost like comparing like you know if you look at um you know furniture
and stuff from like you know hundreds of years ago you know apparently the reason they made like really
ornate and beautiful um you know chairs and dressers and and stuff like that is because
they had nothing else to do like they during the winters they'd be inside the whole time and like
okay let's just just make this awesome piece turn this bookshelf and an awesome piece of art type
thing um but it's all handcrafted right and um whereas
now today you could probably create the same thing on a cnc machine but does it really have that same
cache that same value like we all want handmade stuff you know when we we all value that handmade
armoire that was built a few hundred years ago
versus the CNC replica that we could create today, right?
Because we know what went into it
and there's like history behind it.
So, you know, that could be,
I don't see why that'd be any different
with AI art created today versus decades from now.
That's a good point.
One thing that comes to my mind is I is i you know i was prospecting one time
of many years ago and we were on the side of a mountain down a wash you know looking for places
where you can find gold you know where the water would travel and uh we were um just uh uh classifying
some material so taking big chunks of rocks and dirt and stuff and classifying it meaning you know
you're just making the dirt so you can run it later.
And as I was shaking the bucket, I had a Native American arrowhead just,
just come right to the surface.
And for me, like when I go to like, when you go to like a rock shop or you look at any Native American area, part of my brain is like,
is that real?
Like, you know, is that someone making an imitation?
Or is that really like a Native American arrowhead? Right?
And so like like it's perfectly said, like when you know that something's old and it's real like when I got that amount
Like there's no doubt in my mind
This is a find and it was in the in the wild and I found it and how it made me feel was extremely impactful
And there is no way I would ever get that same impact by you know
Buying something that could be an imitation
or a replica even if they say it's real it's like it doesn't have that hit so exactly i i thought i
thought what you said there made a lot of sense you need to attach an a t to your arrowhead
i was just saying go buy your go buy your wife a lab-grown diamond ring and see how she feels
dude wife i'm on thore chain you know i'm saying like I'm married to this protocol. I don't know what you're talking about
This is a guy that kicks two girls of his bedroom don't remember
Yeah, they don't know anything. You know, I don't yeah get the hell out
You know what I mean? You don't know what dex aggregation is. Yep. I got no time for you. It's what it is
It's what it is.
The speaker, I forget, sorry, didn't hear your name.
We kind of jumped in and started talking.
Do you have more, did you want to add?
Was it Gala?
So I don't know whether you were referring to me or not,
but I am Consi, so I'm a part of the Galactic Mining Club, the GMC Council.
And like some final remarks, I mean, we also need to consider that the Arrowhead or an older
Chesterfield chair, they were made with also quite primitive materials and tools, and they still withstand the test of time.
And I think that's quite impactful.
I mean, maybe a few years from now, you can create AI art by not even inputting any prompts.
So you visualize something in your head and somehow this will be connected with a computer.
and somehow this will be connected with uh you know with a computer and then whatever you visualize
or you manifest it might actually you know turn up and become an nft whilst now you actually need
to put the work in with the right prompts and refine those prompts to do it so i think it's uh
you know i i think it's quite interesting and quite exciting,
this like juncture, if we can call it that, that we are at right now.
But yeah, I think the art is very, very good.
It's brilliant and it's quite impactful.
Totally agree. Excellent points. well totally agree excellent points
there is someone uh there is someone requesting to come up but i don't know why i uh let me see who it is again it is oyster i'm sorry i've been trying to get you to come up um i'm not gatekeeping
here it's just it's not accepting you so i maybe drop down leave the space rejoin and i can try and get you up sorry about
that what about who's holy holy full um i see the speaker that that was that was they spoke
before my question thank you yeah all the speakers have uh have uh chatted okay
Yeah, all the speakers have chatted.
Okay.
Sorry, I'm paying attention to our video call more than I am my phone in this space.
So let me, I see a request picture.
Let me see if I can bring them up.
Yeah, that's Oyster Cage Initiative.
Let me try. Maybe I have the magic touch.
I can hear you.
I hear you.
Hey, how's everybody doing?
Looking forward to the mint.
Y'all are talking about older tools and stuff.
It just reminds me, I'm looking at this back deck I'm
working on on my house it was built in 1914 so the two by fours are actually
two by four versus versus I don't know if y'all know what new lumber looks like
but it just doesn't not the same size anymore. Yeah, 2x4 nowadays is actually 1.5 inches by 3.5 inches, right?
Yeah.
Have you seen, there's some guy, some contractor,
he's videoing himself at Home Depot,
and he's freaking out because he bought some 2x4s.
And I think the standard length of the two by four
is supposed to be oh gosh I think it's what is what is it wait a second what is eight times 12
it's like 98 96 inches yeah and he he put two before is it were like 92 inches long or something
like that because he's freaking out cause he could,
he's building a shed and he's like, why isn't,
this isn't fitting, what is going on?
And cause he just, cause the length,
he measured everything assuming the length was 96 inches
and went to Home Depot and they're like 92 inches
or something there.
They're selling them shorter now and he was freaking out.
And it's, I kind of, of i found it i don't know why
home depot is doing that but it was really odd that they would just change the size that everybody
is so used to because you do you know you do build around that um anyway funny anecdote i don't know
if you saw it yeah that's a big mistake on their part also Also, Home Depot's wood is good to be laid on the ground versus Lowe's wood isn't meant to be laid on the ground if you were building.
What do you mean laid on the ground? Like it's treated, you mean? Like getting wet? Or what do you mean?
Yeah, but it's not necessarily considered salt treated. It just a different like grade of wood so yeah you would
use it on it would perform better versus lowe's wood on the shed down low near the ground gotcha
so your your deck that was built over a hundred years ago is it still in solid shape like any
you had to keep it up maintain it repair it anything like that or is it
still look as good as the day it was built I mean the Raptors and I guess
they're four by six by eights are all solid I mean everything huge wood we're
we're gonna do an addition out here and we're actually just gonna reuse the wood
instead of replacing it with new smaller two-by-fours nice and i i imagine that deck was probably built with a desk does it have some
character to it or is it or is it just like a rectangle well it was a it was a screened in
back porch off of off of the house so i would say uh, the shingles behind it have character, three layers of shingles.
You got siding, then you have asbestos shingles, and then you have wood slap shingles.
Uh, are you telling anybody about the asbestos or are you just going to get rid of it on your own?
of it on your own i'm just gonna get rid of it on my own it's been that long uh you know it's uh
I'm just going to get rid of it on my own.
what are we looking at 20 20 square feet of siding you know you hose it down real good while you
remove it you bag it up in a black bag you take it to the dump they put it back in mother earth and
it to the dump they put it back in mother earth and that's it yeah yeah wear your covid mask
while you do it um yeah yeah so i heard my question answered kind of but i was curious
again on the numbers of how many could you mint white listed and the price was 30 bucks
how many could you mint white listed and the price was 30 bucks versus how many you can mint
public at 35 bucks versus the pre tickets which i believe is going to be an unlimited number you
could get and also at 30 bucks so same as white lists yeah that's that's right so the the pre
mint essentially yeah we're going to do unlimited.
The white list was to do a limit of five per white list address and then unlimited on the public side.
Okay, so both of those are going to be public.
So that's cool.
Awesome. That answers my question
brown thanks oyster glad we got you up um well guys what do you think are we kind of
should we start wrapping it up here anything else you want to go over patriot corey
i think we're pretty comprehensive um i'm i'm curious to to know the quality um i've been i've been experimenting while
we're on the live stream see how things go so um you know we'll see how it all turns out and uh
we'll definitely i'll modify some things i know i had struggled with audio problems i do apologize
to everybody kind of learning on the fly you know we're just but we're gonna work it all out but
this has been great man and i am so excited i think the you know the faster we end the space
the faster we can get that video out there right right? So people can actually see what you're doing
because it's only half a show right now, you know?
So this looks sick, Corey.
You guys are doing amazing stuff.
I congratulate you on what you've made so far.
Really, really cool.
No, I appreciate it.
I'm excited for everybody to get eyes on this.
I agree, I think.
And, you know, again, I want to thank you guys
for having me on to talk about this
and, you know, making it
kind of the first video spaces
that you're doing.
I mean, I think, like you said,
it's only half an episode
without seeing the art
and seeing what IBC Mafia has built.
So I really appreciate it.
You bet.
Yeah, we'll have to do this again
once you guys are fully launched.
Patriot, you want to wrap this up?
I can't hear you. Maybe I'll wrap this up here. All right, everybody, thanks for coming. It's
been great. These spaces are for you. So if you have any topics, things you want to talk about, ideas, let us know.
If you're a project, you'd like to come up, reach out to us.
We're always looking for some content.
Next week, we've got Eric from Mocha.
Mocha is launching, so he's going to tell us all about it.
Week after that, September 27th, we got Hands and Hands Only from Regira.
So come pick his brain.
And then after that, we got Chad Bareford on October 4th.
And that'd be great to chat with him.
Version update 3.11 should be live.
So it'd be great to hear from him about it.
And on October 11th, we've got the Litecoin community penciled in.
So yeah, lots of time to go here in the next few weeks.
As always, great chatting with everyone and look forward to talking to you next week. Bye.
Bye guys. Thank you.
