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COLLECTIBLE CAPITAL MARKETS🚨W3Exposed🧼🎙️ 🔋:@ToshiBet
Recorded: Sept. 3, 2025 Duration: 5:00:27Space Recording
Full Transcription
Thank you.ご視聴ありがとうございました I'm going to go. Think I should knock the boy off right now? You're not like the things you're around You're a real good girl So I'm bringing you down But come to the bed
I'll fling you around
These guys can't make songs
For the gal
Them trust me
This is how the single could sound
For anyone that's bringing you down
Sweetheart, you're doing your thing right now
Good God
Yeah
All the girls that's here for the shoot
Come put two hands
For the DJ boot
And wind your waist
For a real good boot
And you want sent to your ex
Which one?
You want friends of success?
Which one?
Tell us how man's fin this one.
Play this.
Try to get our damn party done.
God forbid a girl's trying to have fun.
I've got X if you want to take drugs.
Do you want to have sex or do you want to make love?
Which one?
Which one?
Which one?
Which one?
Got a fairy thing and I got a which one?
A G'd up thing that'll bring six round and I got a good girl.
Good girl.
How's everybody's crime line?
It's a good crime line!
Ha ha!
Where we at? We on stream!
Let go!
Oh! Oh!
Bring that ass here, boy.
I got Juicy pulling up.
Hey, homie hanging on my neck.
The bracelet matches the set.
My brother's name is Tina Dallas.
Stop all that back and forth over the neck.
My mama wish I would have went corporate.
She wish I would have went exact.
I still turn to a CEO, so the lifestyle she respect hey two sprinters to quebec chef
they only giving niggas plus one so i never pull up to the mat you know i gotta bring the set you know i gotta bring the g block you know i gotta bring the d block you know how sticky it get
you know how sticky it get, ayy You know how sticky it get, ayy
You know how sticky it get, ayy
You know how sticky it get, ayy
She want me to play with that cat, ayy
She love how I make it all wet, ayy
You know how sticky it get, ayy
Ayy, yo, Eric, bring them girls to the stage
Cause somebody's getting paid
And free big slime out the cage
Shorty tried to play it cool, but
That's what you wish you would've stayed
Cause every song that I made
Ringing like I got engaged
Love my guys I wouldn't trade
From the cradle to the grave
Lord have got me on the wave
And got me on the wave
Couple hits now you brave
You niggas better behave
Who got the most motion on this app?
Huh?
Hold on, I gotta play this app? Huh? Hold on.
I got to play this.
I'm not even going to.
Maybe I'll play it on stream soon.
But I got to play this real quick.
I think Chicago is going to laugh his ass off at this here.
Let me go ahead and.
You know, guys, there is a lot of things you can do in crypto.
One of those things you can do is make money.
You can make fucking money.
Hold on.
I got you guys.
Hold on a second.
Hold on.
My time just happened.
We had a celebrity launch a meme coin on Solana.
And I got a pretty decent entry.
Kanye launched the coin.
And I bought 45k worth of it so far.
Wow.
And it's currently up 38 grand Wow Wow hold on hold on
no way orangey out fucking trading me Kanye launched a coin and I bought 45k
worth of it so far I'm currently up 38 grand. Wow. Let's see what the fuck happened. Wow. I need to get a new fucking job.
I don't know what I'm doing.
Woo!
I'll admit it, I'll admit it.
Like your motherfucking tone, boy.
Yeah, it hurt, boy.
Yeah, it hurt.
Ah, here it going.
No, a motherfucker that don't understand the concept of putting on the work, boy.
Hey, hey.
I'm about to hit you with the work, boy.
I'm about to hit you with the work, boy. I'm about to hit you with the work, boy.
I hate coming through something.
Will might be rugging y'all.
Every day, every other day, he's been giving me an excuse.
Something's going on, something.
I'm just kidding.
He's not rugging you guys.
But, yeah.
He said he's going to be a couple minutes late.
I'm like, yeah, whatever, bud. Whatever you say, yeah. You say he's going to be a couple minutes late. I'm like, yeah, whatever, bud.
Whatever you say, bud.
All right, guys.
Like, comment, repost.
We're about to pop this off.
Welcome to Web3 Exposed, the number one show on the internet.
Don't argue with me.
Argue with your mother.
Let's go.
Let's go.
100 comments.
I'm passing out 0.5 salami. You bought mid-coin and I shorted that motherfucker! I'm trying to make a million off clothes.
If Chicago were to be my advisor, I could make a million of off-close.
What you think, Kira?
I think Kira agrees.
I think Kira agrees.
If you guys want to see the charts as well as my beautiful face, pull up to the stream.
The kick stream is going to be live in a few seconds.
kick.com backslash profits over wages. I'll still be here on X, but you can at least chat on the kick stream. The kick stream is going to be live in a few seconds. Kick.com backslash profits over wages.
I'll still be here on X, but you can at least chat
on the kick stream.
Let's go. Welcome.
Welcome in.
On my team, I plant this
give me water to grow.
I've been many girls in a third world
because I travel to coast.
Always say that I want it, I want it, and then that I do
what they don't.
I'm trying to stunt my growth,
but I'm still gonna take my goals.
Nigga, why you watching I'm wrong?
Nigga, can't take my throne.
Call through the most of the day's throne.
You been in him all alone.
Nigga, that's money when it grows.
Like, this place I don't flow.
Pretty little bitch, she's calling my kids.
She's calling my kids.
Pull up on the kids, she love her kids at home. It's 10 p.m. and
a little woman is four in the morning. You guys think like, you guys ever think ruggers wake up
in the morning and they're like, you know what? Today, I don't want to rug today. I don't want
to rug today. Nah, nah, nah, nah, nah, nah, nah. I'm going to go. I'm going to fucking.
I'm going to work hard for this money.
I'm going to actually do what I'm going to say I'm going to do for the people that give me their money and that trust me.
I'm going to have a skill set.
And then what happens is that little bit of meth that's in those drugs that they do, it hits their bloodstream.
Boom!
Psss!
Fuck that.
No, fuck that.
We gotta rock today.
We gotta rock today.
Rip another line.
Rip another fucking line!
Sometimes that shit is just a vape.
You niggas is just addicted to nicotine. As I roll a blunt.
Oh fuck.
God, I always do this shit.
I need an engineer, bro. I need an engineer. I always forget this show. I need like an engineer, bro.
I need an engineer.
I always forget to turn the mic on.
Hopefully it sounds better.
Bro, we giving away $105.
I think that's the half of the Solana.
Hit 100 comments.
Come on, man.
Hit 100 comments.
I know you guys working them motherfucking thumbs.
Texting them girls and shit that they not texting you back. Work them thumbs right here, man. Hit a hundred comments. I know you guys working them motherfucking thumbs. Texting them girls and shit that they not texting you back.
Work them thumbs right here, brother.
Come on.
Come on. I'm not going to lie.
This is a hot take.
Chicago's going to probably counter it.
But Chicago should have been the number one seller on cards.
That's it.
He should have been.
He should have cashed out a mill off that drop alone.
That's it.
That's what I'm saying now.
All fuckers don't know about lore.
Lore.
Bro, three fucking years plus we've been going at it right here at wet three exposed no rugs no nfts on chain ah
i should rub i should rub we should pump fun it. We should pump fun it up.
We should pump fun it up.
I should misclick.
What is it?
What is it called?
Misclicking? I should misclick. And I can't pretend that that is just a knob switch, yeah, wristbands, the people, not the dumb, dumb
And these filters movin' in swiftly, I could tell the scans are in symphony
Bottom off top like a bimini, if you got jokes one slow, we could go
Cause I'm somethin' like a chimney differently, and that's slow, it isn't for my inner need
And that's slow, fuck anybody hindering, that's slow
If I valued your opinion, then I'd probably let you know
But I don't
I'm doing whatever that I want
I live in discomfort, I'm right home
You could never throw me out of my zone
You gotta expose, you gotta go
You grift around, you's a clown, you's a boat, so You guys heard that?
That was my radio telling me, hey, bitch, this shit's about to die.
That's called a signal.
You see, there's signals in this space every fucking day.
Hey, you should stop being with that person.
Hey, you should stop hanging out in that chat.
Hey, you should stop listening to what this dumbass is saying.
And you don't.
You don't.
You don't take the signals.
Take the fucking signals.
Take the signals.
Take them.
Who got motion?
Creator Capital Markets.
Life is all about you.
And not at all about you. Not at all about you. And not at all about you.
Not at all.
All right.
Let's get this shit popping.
Let's get it popping.
Welcome in, everybody.
This is the best time to get on the stage.
This is the best time to ask any questions.
This is the best time to, you know, activate.
Because other than that, later on, when your favorite KOL is on the stage,
you're not allowed to come up. You're not allowed to fucking come up. You can't farm,
can't hang out. No, no. Get in the DMs. Happy, what is it? Wednesday, right? Wednesday?
Happy Wednesday. I hope everybody had a good day. It's been hella fucking productive and busy over here. Low key, I haven't been to the gym in two days. I feel kind
of crazy. Maybe we go tonight. But obviously the timeline is fucking all over the place,
but I'm not going to lie. I'm feeling good. I was going to tweet this, but I'm going to say it first
and then see how I feel about actually putting it to word context. But when I get this excitement
right now that's happening in the markets, I don't know how to explain it.
What's the equivalent female feeling for my balls are tingling?
Anybody know? Anybody know?
All right. Well, I'm curious.
That's how I feel.
Okay. I don't have balls, but they're tingling.
And it's just letting me know that, you know, yeah, maybe golden bull run, maybe not, whatever.
But this is not lasting for much longer
okay not in a month not two even not even three but this is not gonna last long and it's not gonna
it's gonna happen so fast you're gonna be like oh fuck oh oh bro take profits bro take profits
be be cognizant of your trades stay in those good trades uh you know don't trade a bad a good bag
for a bad bag and a bad bag is
it can be a short-term bag i've heard that a lot i lost my ape i was like how the fuck oh i lost my
i was trading why the why would you do that like when i talk about borrowing against your nfts i'm
not saying to go be an idiot i i don't say i don't mean it like that i'm saying like go make a bag on
it you can literally take a loan on your fucking
NFT. This is not financial advice. You could take a fucking borrow against your NFT. You could go
buy Pokemon cards, go sit and camp at Walmart, go flip that, pay your shit back. Like, that's what
I mean when I say shit like that. Make it work for you. Don't fucking gamble it away. That just
sounds like crack addict behavior. Um, anyway, at a hundred comments, like I said, we're going to
give away 0.5 solana
we have uh a couple of segments to jump into i'm probably gonna go out of order
um will still getting home i think something happened to uh now today his battery i'm like
bro if you don't fuck with me no more just tell a nigga that bro he's like what the fuck no it's
coming i'm all right all right he's like you know i love this. I'm like, all right. So he'll be here
in a second. But yeah, we'll be popcorning a bit before he gets here. There's also like,
okay, how many of you are in here? It's not that many yet, so that's good.
Okay, obviously there's been a whole bunch of fucking excitement around Pokemon, whatever.
Outside of that, it's stemming from you know the successful
launch of cards which is by collector crypt which is uh I want to say on Solana yeah on Solana
tons of Solana wheels and all that good stuff whatever I think this was a perfect and I'm not
just saying this because I'm on BZ technically they're the fucking competitor I shouldn't even
be mentioning them but I my pointing out what I'm pointing out is, this is a sign, not a sign,
this is more of an indication, in my opinion, of when something does well in an industry,
that means that everything, a part of that industry, similar to it, hypothetically,
will also do well. And I think a lot of the times we take advantage of that narrative,
but then we, like for example, example i'm sorry but not all creator coins
are going to be made equal okay i'm sorry all right there's going to be a creator coin that's
going to come out and it's not going to it's not going to do much and there's going to be other
ones that come out and they're going to kill because of whatever so just my point is though
overall i'm really uh happy and excited that i guess people are now paying attention to the cool things that can happen on chain.
Whether Pokemon is hot or not, Pokemon will always be relevant.
And the fact that there is people and companies and builders in this space trying, not saying they're going to succeed,
but trying to create some sort of product market fit within an industry that's already fucking huge,
using the amazing technology that we have here in Web3.
That is, that's cool to me. That's definitely cool to me.
I'm sure some people have different takes on different things they're building in sectors, right? But it's like DeFi. At one point DeFi, nobody liked it.
Now it's like so big and amazing and there's so much liquidity there.
And there's not, you won't see many posts and things about it because it's just so natural and normal now um at least that's what i think so
um yeah man creator capital markets collectible capital markets run it all up run it all the
fuck up and like oh everyone's a pokemon you know master on the test stop being so mad naked come
on everybody likes pokemon even if you don't
even if you don't even have a car anymore or whatever like everybody at some point fucked
with it or at least some sort of collectible right if it wasn't pokemon it was sports or whatever the
fuck dude so like just have fun i'd rather this than fucking i'd rather this than than like
fucking uh what's the call uh what was it that we were fucking? Oh, Sahil.
Like, what?
I'd rather this than that shit.
You know what I mean?
Like, you know, whatever.
He may or may not have rubbed me for a few soul, but.
Same but different.
That's besides the fucking point.
What'd you say, Chicago?
Same but different.
Same but different.
You want to say something before I go on to the other hands?
No, I mean, it's just like one Sahil dies, many Sahils show up.
Oh, fair.
Now they get to double rug creator coins, bro.
They get their money, and they get to wreck their bundle.
And then it's like a double fuck you.
And what have we got?
We're 12 hours in, and we've already had it happen twice like here comes fucking the meta of instead of
telling celebrities they can say they were hacked you can just say you were hacked i misclicked
whatever you want to call it the misclick thing was was very interesting to me i'm not gonna lie
the kook shit last night i'm gonna talk about it before will gets here because we both kind of
fucked around and found out last night but i was on the phone with him after the space
and I think he has notice on for him and he's like, bro, he deleted this tweet, look at this tweet.
And it was the wallet tweet. And I was like, bro, I was like, bro, it's on pump fun. Wait,
bro, this might be it. He's gonna launch his coin his coin bro like a fucking idiot and uh we didn't like lose a lot or actually i made actually came out like 60 dollars but
um it was just like uh it all happened pretty quick and actually not that quick but it was
quick like 30 minutes but um yeah after like all right duh come on this is fucking this is definitely
the thing is kook is like he's one of those motherfuckers you don't fucking know. He'll fucking run and be like, ha ha, I got your ass.
Like, yeah, this is the launch.
So, regardless.
But it did look like there was like an organized hacker group that was tracked while it's in.
It looks like they do this type of shit normally.
So, who the fuck knows?
I don't fucking know.
You see the thing I pinned to the top about StockX getting rid of vaults and NFTs?
Let me see.
What's new?
After.
I remember this,
this is because this is a,
this was a lawsuit from like a year plus ago,
right?
It's finally being finalized.
Yeah,
basically.
Stock collector will no longer be available for trading.
What was that?
What was the most expensive asset they had?
I have no idea what shoes actually were part of it oh i'm sorry i'm sorry no no that was a dumb question i already know so yeah this is when they took nfts they took fucking nike shit and was like
yeah we're gonna put your shit on but technically technically when people vault the image of other assets, the company can come at them and it's on chain forever.
That's interesting.
Like the Pokemon logo.
Right.
That's what I was about to say.
But I feel like I remember when the StockX thing happened and I felt like I was like, dude, what?
I was like, this is so grifty.
Um, but I, I get it.
They were trying to capitalize on the moment, but I just think they could have did better.
They could have did way better the way they did that.
And then they dealt with this.
Hopefully, actually, I don't give a fuck while I was talking sometimes, but it probably lost
a lot of money from this lawsuit as well.
Um, interesting. Very interesting. Kira, go ahead, fun. boss talking sometimes, to be honest, but it probably lost a lot of money from this lawsuit as well. Interesting.
Very interesting. Kira, go ahead, Fenn.
Oh, no, no.
The relevance of what I was going to say was that
women have ovaries, and
you do
in fact do have balls, and
probably more important balls than a lot of
the people that are in fucking crypto that fucking deny your motion so i just you know i've been holding that in i was
just gonna blurt it up but you know like i'm trying to i'm working on myself right now
oh we love that you should you should just let it go rapid fire it'll be perfect it'll be perfect
yo bro i'm starting to get get big exchange deals now, bro.
And I don't think these people have read my Twitter profile.
So now I'm like, now I've got to find a manager.
I've got to do all this stuff, man.
I don't know what's happening, bro.
Damn, man. Now you've got to clean it up.
You need to throw Exposed Media in your box.
Oh, I'll never. Yo, I'll come to Exposed Media, but I'm never going to clean it up. You need to throw exposed media in your box. Oh, I'll never.
Yo, I'll come to exposed media, but I'm never going to clean it up completely.
Like, I just don't have the mental capacity for that.
I've been looking to make that move, you know.
Should have done it sooner.
360 deal.
Let me stop.
Yo, I would actually take a 360 deal with you but like I wouldn't do it with like other people like
I'd just be moving the way that I move with them because I don't know their intentions, right?
like that's one of the things people don't take into account in this space is like
Like unless you really get to talk to somebody and like you're both very open with each other
Like how profits is with the end and how I am with her like you don't really know people's intentions here man you got to be careful also i've like
cursed you out a few times so yeah but that's necessary that's part of like growing you know
what i mean like because yo at those times i did deserve it right like if i tried to like come with
some bullshit like you know how like like, the influencers do it?
Like, oh, it was a wall that was under, mistakes were made in a wall that was under my control.
I'm not doing that.
I'm taking fucking responsibility for my shit.
Because, you know, the one thing I learned in life is if you can't take responsibility for your shortcomings, you will just fucking fail yourself in life.
And that's the worst person to fail is yourself.
Yo, that's real. That's actually actually some that was a bar and a fuck i mean you say a lot of cool shit but that was a
bar and a half for real like that was that was really good because nothing feels worse than
uh saying you're gonna do something or saying you're gonna whatever low or high and and a lot
of people don't realize that's probably why you feel low sometimes because you keep fucking playing yourself saying you're gonna do this saying
you do that then you don't do it or you get high off of somebody else doing it high it doesn't
necessarily mean have to off a drug because you just consume somebody else's content instead of
fucking making your own shit for example um that's just fresh on my brain that's why i said that
that was valid bro that dopamine hit that dopamine yeah, no, bro is speaking straight facts because at the end of the day, it's always you versus you.
And we always like to say you can be your own biggest critic, but we can always be our own
biggest strength. And that's one thing that people forget is like you speak life into yourself before
you speak it into anything else. So, you know, really be on your shit and speak that life into
yourself because, I mean, that's what transitions into the product that you put out into this world.
And you know what I'm saying?
If we really trying to make change and make effective change in the world,
then you know what I'm saying?
You got to breathe.
You got to start with yourself.
So breathe that life into yourself.
But yeah.
Well said.
What's up,
Marcus?
How are you feeling today?
I didn't want to bother you.
I wasn't sure if you were busy.
How are you doing?
I'm good.
I'm good.
You know,
I remember ripping the bong, you know what I'm saying? Going through, uh, cars and shit. today? I didn't want to bother you. I wasn't sure if you were busy. How are you doing? No, I'm good. I'm good. I'm over here ripping the bong, going through cars and shit.
I went to LCS, my local car store. I'm always in there picking up stuff. I do trades. I always rotate in and out of stuff.
Because it's way easier to do that than constantly buying shit. So I'm big into singles right now.
that than constantly buying shit so i'm big in the singles right now because you understand with
the market moving and shit like that i'm just paying attention and then you know your average
lcs is not always you know saying every day going through the prices of a single so you can always
catch some deals like that so that's how i've been coming up and i've caught some monster deals these
last couple weeks like i just picked up the fusion strike mu that i think the market on is
like 120 i picked it up for 60. uh the vaporion from the vaporion v max from evolving skies that
came in the promo box i picked that up for 66 i think that's around $100 right now. The Dragonite GX Rainbow, I picked that up for $60.
And this is all just trades.
I'll go and I'll trade some cards and, you know, I make some shit shake.
So, yeah, that's the move.
You ever – hey, what's up, Profits?
What's up, Marcos?
You ever get – I like to do do i like to get lucky on restocks
and like information that i get privy to just clean up restocks when i can and then i'll go
into lcs and then just buy and then just trade those up for the slabs that i want right because
like bro that's the move that's exactly what i do that's the sauce boy that's the sauce bro i'll go in there with
like fucking little fucking what are these little fucking boxes called like the accessory pouches
or like the ex boxes v boxes whatever i'll get them you know 20 bucks a pop market is always
like 30 bucks or whatever that's a 10 increase on volume let's say you buy like 30 40 of them
bitches it's a you know free, free 300, 400 bucks.
Go in there, trade it for a little slab that you want,
hold that shit on ice, and then flip that.
Because one, it's less of a headache, right, to just hold one asset as opposed to like trying to off like 40 fucking
cardboard boxes full of packs.
That, and if you're a degenerate ripper, like I'm a guilty degenerate ripper,
honestly.
If you're like me, then you want to mitigate some of that fucking risk and just grab the card that you want.
Because you know, chances are you're going to get absolutely fucking washed.
And that's how I ended up becoming a singles person is because I am a degenerate ripper and I was getting cooked left and right.
Bro, it's so hard.
Like, I'm a ripper, and I love sealed products.
So, like, I sit here like the fucking Dave Chappelle gif every day.
When I wake up, I go into my little office to trench and shit,
and I'm just like, God.
Like, especially when the trenches are dead or whatever,
I just, like, turn left and look at packs.
I'm like, yeah, time to fucking, time to make some fucking money or some shit.
And then I just get, then I'll cope trade a meme coin because I got washed on booster
PAX.
It's a vicious cycle, but I love to be here doing it.
We need to be besties.
Hold on.
You're near me, right?
We were DMing.
Yeah, dude.
I'm super local, homie.
Fucking let's fucking have a brewski and a ball.
Bro, I got you with the free brewskies on Friday it's in one would pull up it'll be fun all right
are you uh okay so I don't want to dox the shot but I think I know which one
that yeah yeah I've been saying it but now you said that now investigators are
watching so I'm gonna just oh my god the the um big big big
homie big homie runs it right you got what you gotta really say uh uh like i'm speaking on like
and i mean this on the most respectful way like uh like he's like literally like he's a pretty big
dude manager is yes the manager is yes yeah yeah yeah he's cool he's cool people i've talked to
i was gonna say he's 20 as shit in person you going to get a kick out of him when you meet him.
He's a fucking hilarious dude.
Yeah, I'll come by Friday.
I'm actually going to a card show in Stewart.
I have a little table in Stewart on Saturday.
So if you also want to slide to that, it's a pretty decent one.
I'm the only motherfucker that shows up with One Piece, bro. I don't bring any Pokemon.
I just show up with a fucking hordes of One Piece.
Oh, no, you're getting some buyers really buyers those those niche buyers there for sure yeah
dude the way the way bro people what's interesting now too and i don't mean to like take over the
conversation on show so other people could talk but what's interesting to me bro is like people
have been dming me about trading their like pokemon grails or sealed pokemon stuff for
one piece so it's definitely an interesting dynamic to fucking see right now the last three
months yo that is it's because that is one piece is growing rapidly and the artwork because where
one piece originally started the artwork was literally just clipping from the show and from
the mangas and stuff but now they've got dedicated artists
to these cards and they are coming out like texture wise artwork wise especially like this
new set that they're dropping op13 that's out in japanese already um op13 has crazy artwork and
then there's a set of cards that if you like anime the uh one of the artists from jujutsu kaisen jjk top tier anime
if you haven't watched it he did a set of cards in the set for op13 fucking gas dude you just
you just taught me something i'm a big i'm a big one piece nerd and you just taught me something
thank you on yeah that's like those are one of those things where you pay attention to one of
those small details and you just the artist backing that or making that card
will make price go up 100%.
People follow artists heavy, so thank you for that.
I'll look out for those.
You guys do realize the reason people want to trade Pokemon for it
instead of just buy it?
It's because Pokemon's getting watered down.
Oh, like a motherfucker.
And I'm low-key here for that.
Like, I mean, the thing that what's cool about One Piece so far,
and I hate that I'm even about to fucking say this,
is that I'm a big jinx.
They're not reprinting shit.
Like, they did a couple sets where they reprinted it, right?
Like, you have the blue bottom OP1s.
You have the white bottom OP1s.
And then you have, there was rumor that op9 reprinted
but i don't fucking think it did i just think there was like a big fucking surplus of inventory
that just got re-released but fucking god i swear to god if they reprint prb1 in god packs i swear
to god i will i'll just set all this shit on fire because i've literally
i'm overexposed um keep running the price up and you'll see the restock coming
what's going on guys sorry i keep on rugging man i was trying to jump in the damn conversation and
x just rugs the shit out of me here so really really quick on the on the one piece stuff
the reason that they don't reprint as much as pokemon is because they don't have the print run um or or the the space on the mills to do so right so they are uh it's
a bandai product um and bandai pushes what like they have digimon dragon ball z bunch of other
shit union arena which is a crazy set that they just dropped that should not all that don't don't
check it out on the wing guys gundam wing is they like dropped the first election like the first
collection if you have the box i got one very very cheap they're going for 500 plus usd right now
it's crazy how fast it's going but so so so check it out from uh store. Shipping and tariffs, bro, that's like $2,500 over here, bro.
From a store perspective, though, or from an old LCS owner,
the way that Bandai runs their stuff, the product that's hype,
so for example, One Piece, they would make me as a store owner
buy all the shit that doesn't sell, like the Digimon and stuff like that.
They make you buy five or six cases and give you one case of One Piece allocation, for example.
So as long as they keep on doing that and there's no hotter product than One Piece,
the print run is going to be low just because they have an X amount of stuff that they can print, period.
They don't have the printing presses that that Pokemon company does.
Pokemon company does, I think, six or seven, depending on the product, different print runs,
and they print to allocation. So if I'm an LCS and I come in and I say, hey, I'm, six or seven, depending on the product, different print runs.
And they print to allocation.
So if I'm an LCS and I come in and I say, hey, I'm buying an extra 100 boxes, the three sets from now, they're going to include me into their price.
So they can just print on demand.
Whatever number they're going to get to, the next set is going to get adjusted to that
number.
That's why it's getting watered down, because they print so much fucking product.
Bandai is not the same.
They literally can't physically do that
and when the money makes sense just like everybody else they don't print no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no could do it so that's the same reason that um tops bought printing presses and then they eliminated
print run time from panini and that's why panini cards now are they're having harder times to
to print because it's not just something you could be like oh fuck i have a shit ton of money let me
just print this that's not the case print run there's only so so much amount of print times
that that could be allocated just nationwide or worldwide hold on a second will can you hear me
be allocated just nationwide or worldwide hold on a second will can you hear me
we'll be in a different world uh throw those charts up for before i click go live brother
thanks brother bear um i was looking at these clips these clips are fire oh you like that
you like that um we're gonna make some fire ones wow dropping shit i'm gonna make some
fire ones today throw the throw the chart up for me before I click go live.
Root, what's up, dog?
I saw you had your hand up.
Yo, Brody, what's popping, mate?
I'm just, before I'm going to log off, I saw this shit and y'all talking about Pokemon and shit like that.
I'm on my coolest track.
I ain't going to fight nobody in here except like Kuro because he's a little bit cute today.
I got a new wig for you
brody i got a blue one so you're gonna work these streets for me and uh make my money yeah and when
you get my money back come by my pokemon card brody yo i already told you bro i'm gonna get
you a pub cup and we're gonna sort this out you wish you wish i got the glazing cake bro i got
even nail polish from alpha to give it to you. So you're going to be pretty on the streets. All right.
So I got a new dress for you.
It's all good, Brody.
But now all of crazy inside the TGC.
I'm buying Pokemon left and right.
I'm not going to lie. There's fantasies in this place.
Listen, let me speak about the fucking Pokemon.
Yeah, we're going to speak about your fantasy later on.
Yeah, the Pokemon things that I'm rocking now.
I even buying guys the old
celebrations the great ninja uh the celebrations the 25 packs of the year please cop that because
it's very low price and if you just like going to uh fucking grade it it's gonna be like a 10x
from there like i have few i'm still buying it up I'm buying also some old
cars like the Gengar's the special rare arts from Gengar all the old Sabrina
arts like from the gym heroes if you can get one please get one and like keep it
because that's shit everybody still wants one and And also Diversify. The Gundam Wing.
I got One Piece as well.
OP9s.
I stack them.
Like for real for real.
I stack them on Give a Fuck.
Those shit is going to be more and more worth it eventually.
And one of the things that I'm also doing.
So I buy three boxes.
And I'm doing also Digitals.
The Digitals where we have the hom the homie they came in there the
breezies you can use that but there's also a new one uh pig guilties uh pig guilties i don't know
how to say this fucking shit english ain't my first language but yeah uh pig guilties they are
doing that and you can claim it and can resell it the same thing same thing as uh polygon is dinner
if i'm if i'm correct right they're
doing it already if i am uh what's courtyard sorry not polygon but courtyard so yeah if you
all want the alpha that's the right now buy it forget about it until you're late ladies your
uh etb is now 500 same same thing so yeah yeah i love i love that you said the three rule, right?
I do that with shoes.
I'm a big shoe guy as well.
You rock one, you stock one, and you flip one, right?
Flip one, yeah.
Damn right.
So, look, in case anyone doesn't know what the fuck we're talking about,
so the three stock rule is the rock one, stock one, flip one.
So the one that you flip is to mitigate the risk that you expose yourself for the initial investment the one to rock is obviously the one
that you fucking enjoy and then the one the stock is for when price go up and you can dump it on
everyone's heads that are uh chasing the hype so do that with everything literally i do that
with cards too i there there ain't bro there even if i don't like the set i'm buying three cases um and just because it's it's good economics right you literally you're investing
for free at that point zeep that was the that was the alpha of 2021 nfts three that that's been the
alpha since like sneakers have been like a thing like for real like i was a kid saving lunch money staying at fucking skate shops
buying fucking pairs of sbs unloading one immediately out of the store rocking i would
put one on flip one outside the store and just go home with the freshie like yeah it's it's the
thing and also fucking root on the op9 op9 is probably outside of like the prb set probably and this is for anyone who's
like an investor in in in cards and like looking at one piece to speculate op9 has the highest
uh retention value right now because uh it's a sleeper set right um it's got four different
mangas in it plus the gold d roger card which is probably like the GOAT card, right? So you have all this value.
You have a manga Buggy, you have a manga Teach, you have a manga Luffy,
you have a manga Shanks, and then you have the Goldie Roger hiding in there,
plus the SPs.
So if you're looking for a set that has like a high dollar amount,
you want to evaluate like the top 10 cards, right?
With any card set, whether it's Yu-Gi-Oh, Pokemon, whatever, you want to evaluate like the top 10 cards, right? With any card set, whether it's Yu-Gi-Oh!, Pokemon, whatever,
you want to evaluate like the top 10 cards per set
and then see the dollar cost for those cards accumulated
and then aim to like get those sets.
So like, dude, I hoard OP9, I hoard OP5,
I hoard blue bottoms, and I hoard PRB1.
That's it.
Yo, if you're a single woman in the crowd
uh and shake your ass we got we got money you're in the room holy shit if you're a single woman in
the crowd and you just heard this i'm not sure if zeep is single or not hopefully he's he's not so
he doesn't get in trouble but he's gonna be able to take you out to a nice dinner uh i just saved
this fucking space i
cannot believe you can see me on stream like what the fuck and i don't know how i saved it but
anyway the boy's here he's here he's live he's ready we're gonna jump into these charts real
quick 7 45 appreciate you guys pulling up it's um good combo so far z if you need to come to
these bz combos we'll be having i i'd be i get some really dope collectors from the industry i had a huge whatnot streamer dude's like 20 19 years old
does like 500k in revenue a month um so you got to come to those combos it's a vibe over there
and um yeah make sure you use the link i just dm'd you but yeah what's up william is here
william is here and he's ready to rug you guys um I'm just kidding he's not ready
to rug you guys he's here to spread the love and share those amazing charts what's up Will talk to
us how's your day going it's chill man it's chill uh yeah yeah I had to get a battery this morning
love it um Outside of that,
the market's looking pretty good.
Are you mad at me about last night?
About what last night?
About Kuk.
About telling me to hold?
Profits just said she made
$60 on it. Did you lose money?
Because if so, then I think she was like...
He definitely lost. No, I was like,
yo, Will, I'm on.
Wait, so you sold
for a 60 profit while telling will to hold no no no she said don't dump on me don't dump on me on
his forehead but don't sell yet ready hold on click go yo to be clear i put 30 in and then i
was like because it went the thing is it went to 300 hundred dollars it went that's worse that's worse you two x on his head it went to three hundred dollars right and then i'm like
will and then he's like what he's like it's dropping and i because i didn't use a bar i was
just using i think phantom so it wasn't like up it was i probably wouldn't even been able to
make actually sell whatever i saw anyway fuck you uh will's not mad at me i was just making sure
for the crowd that he knows that he's not mad at me i was just making sure for the crowd that he knows
that he's not mad at me i gotta give the alpha here that was the 2016 sneaker model like the
buy one to rock one to stock one to flip so now you got a pre-sell one ship it on delivery on the
on sale and then you buy the rock pair and the stock pair from the outlet with a coupon two months later after it doesn't sell out brother that's that's so diabolical that's so diabolical okay so i i hate to hop back on tcg
but i'm not gonna do it but i will but did you guys see that 10 seconds all right all right
the dodgers card people were literally selling those things 500 each before they even got it and and rent oh that's wild that's wild what's up will talk to him it was the 411 i i got a good
strategy you just buy mean coins make millions of dollars and then uh you can buy whatever you
want whenever you want unless your co-host dumps on your head
Yeah, it's pretty interesting I text her I was like well, I just lost 500 bucks
That was awesome, bro. I and the thing is that's him. That's him testing my bro. I don't know
What makes you feel better 60 of those dollars went to profits?
Exactly I feel better. $60 of those dollars went to profits. Exactly. There you go.
But like $440 was the lost $60 stayed on the team.
I was at the like...
You know what?
I'm not going to take this to Chicago
because I'm his good luck charm.
Because when he gambles with me,
he wins $6K on one fucking hand
because they're fucking me.
I mean, fair enough.
We're 1-0.
I'll give you that.
And I got a free meal. And I got a free meal
at fucking
Korean barbecue that night.
So it was like a double win. I mean, I wasn't going
on $2,500 dinners with Will, but he
was still there and I didn't have to pay, so it was a win.
Bro, he was so angry. He was so
angry that I paid, bro. I was like, bro,
I gotta do it. I gotta hide.
I have to hide and go pay the waiter.
Bro, every time she slips out when to hide and go pay the waiter so bro
slips out when i'm trying to pay the bill well there will next time we all go out to eat i'll let you pay i'm gonna i'm gonna prepay before before we even order i'm like look here's my
card just hold it i i don't eating charge it go into the charts we have adhd
donating charge it go into the charts we have adhd
oh man yeah i was up you know i was up a good you know one date last night and then uh i lost
the whole date's money in one sitting because provis told me to hold oh bro no we were both
waiting for that wallet to dump into the chart we were both said
it oh this gun dump into the chart we're dumping it right after we were we were being little
scammers last night on the phone together yo you you had the cheddar biscuits on the plate
and then you dropped them yo the only scam in life is not taking profits i That's the only scam in life. I was telling profits.
I'm like, all right, I'm about to sell.
Yo, I'm not going to lie.
And then she's like, no, don't sell.
No, no, no, no, no, no.
Don't even do that.
Because I told you we're not sure.
And we both, I know I said to myself, I was like, cool.
We see that money go in there.
Then whatever.
We dump the chart.
The thing is, bro, like, if I had the balls like you.
We're not sure, but I am.
If I had the balls like you to fucking dump that much.
And I know for some 500
it's like bro it ain't shit bro $500 bro that's 20 that's a that's a that's a little bit towards
the rent I'm not doing that so the fact so with the fact that you saw that 4x I I that's that's
real conviction that's real fucking conviction that you could add there there man it was quick and it was a rug
it isn't talent it was a fucking rug
she's like I put in a half a bz spin and I was up five
bz spins and I jumped back on your head
for a half a bz spin
while you lost ten bz spins
yo that's what I'm gonna start doing
I'm gonna take like
ten percent of my wounds
and put it into bz spins to see if i can't get a
fucking charizard man yo because like yo bro i want a fucking charizard bro i keep seeing all
these motherfuckers oh i just pulled a charizard just go buy one bro bro if you're in fucking Miami, take a shitty charge. Yo, bro, listen, bro.
Like, yo, I was trying to, you know me, I'm like kind of slow sometimes.
So I'm like, I'm trying to do this whole fucking like converting the money thing.
And then I realized that you're just paying Solana.
So I'm like sitting there and I'm like, let me hit this shit again.
Let me see what I get.
Yo, they gave me fucking $ 48 out of the 50 back so i said
yo let me put two dollars with this shit wow correction hold on because i have to regulate
he got a card that the mark the marketplace or the the platform offered him 48 for the specific
card that he won and then he decided to swap it that's what happened that's fire though it's fun you just like i bet re-roll
nigga re-roll yo yo that's what i'm saying yo i love re-roll yo you know like the cs go chess
like i don't talk about it much but like yo sometimes i'll spend like 1500 bucks on my
credit card buying you fucking. You fucking crackhead.
Yo, I'm such a crackhead, but I can't sit in a casino for some reason.
But you put me in front of the fucking computer.
I'm just like, yeah, you know, like I paid this amount for Solana, $46 a piece.
So, you know, I can afford this and then hit it with the three Solana.
Bro, just Apple pay me $50 and I'll think of a number one through 10.
And if you get it right, I'll send you a Charizard.
And if you lose, we'll just keep doing this all night long on Apple Pay.
Yo, I wish
we had Apple payments on...
Yo, I can go for this.
You just live stream a fucking...
Yo, and then you know what the other thing is
that I like to do?
I'm just going to think of a number and I'll tell you if you were right or wrong. You just live stream a fucking... Yo, and then you know what the other thing is that I like to do?
I'm just going to think of a number and I'll tell you if you were right or wrong.
Yeah.
So my nephew gets like the raw cards from like the... There's like a card shop in West Edmonton Mall near where I live, right?
And he'll get the raw cards and we'll sit there for like hours.
And this kid will...
He's like 19 now.
I'd still call him a kid because he's like
a baby to me and he'll take a q-tip and like wipe around the edges and shit you'll just hear this
shit to come back like a psa fucking seven man and i'm like yo yo yo i'm entertained by that shit
like i don't know i started watching clips on YouTube about this shit, man. Like, you know, the level of mental illness people have to try and get a PSA 10 is like,
yo, this shit's going to cook for a long time, I feel like.
Because we've got a 30th anniversary coming next year for the Japanese sets.
So, like, you know, you've got, like, two years after that before the market really crashes.
Anyway, guys, welcome to the show.
Web 3 is closed. It goes live every day except friday seven o'clock
eastern we're also on kick and x if you'd like to see my beautiful face will's beautiful face
and his beautiful charts we're gonna go through these charts and then we're gonna get back to i
think liz is gonna come up here and do some speed dating and if you don't have a charizard
in possession uh you're just gonna get boot booted, basically. But let's get into it, William.
Oh, we're not live yet.
We've been sitting here on live the whole time.
Oh, let me go ahead and click live.
Hold on a second.
Go ahead.
Nobody even heard the whole time.
You're scared of the button.
I think you're scared of the button.
That's the problem.
Look, I let you have the control.
Fair enough.
I get it.
We're live! Welcome to
Web3 Exposed! We go live every
single day here on X
except Fridays. Thanks for tuning
in. Will, take it away.
Alright, we're cooked.
Just exit all markets. And uh mcdonald's is hiring in case anybody's
curious look look i'll just i'll be real market looks pretty good you're 4400 eath nothing to
cry about there bitcoin send that 112 looks pretty good there not too bad i mean i think these are
starting to perk up a little bit ebcc still doing really well honestly i think we're gonna get a
little bit of fallback on ebcc probably a little bit of cooldown on risk and you know if you look
at solana and these other things i mean solana's again just pressing against above its resistance
range pushing right up against the 205 is kind of that range that you want to be flip the bow so that's doing really
well um i was looking at rivian today rivian looks phenomenal that's another one too and i've been
talking about rivian for a long time almost reminds me of like when i was talking about pltr
yo i thought they stopped making cars though no. No, they still have a contract with Amazon.
Oh, those Amazon electric vehicles that I've seen.
Yes, exactly.
So they're the ones that make those Amazon cars,
the electric ones that you guys see.
They have a contract where basically Rivian makes all of them.
No other company makes them.
So they have a good contract with them. They also make electric cars for
consumers. And I think they're
going to get more and more into the... Honestly,
I think they're going to get more and more into the
contracting
side. So more business side of
things. I think they're going to probably start trying to work
with construction
companies, stuff like that, and trying to get
them on board with these EVs. It might actually work out for them i actually i think they're
going to be a big company at some point um really bullish on them specifically they don't have like
autopilot vehicles yet no no they don't have the at least as far as last time i checked
they didn't have any type of auto piloting or auto.
You know, like, bro,
if they had something that delivers the shit from Home Depot,
the one thing I hate is, like, I have a truck, right?
But it's like, bro, I don't like getting my truck bed dirty, man.
If they could just send the fucking drywall to my crib, man,
I would finish my basement.
Yeah, there is a company,
Zooks. I don't know if you heard of
Zooks, but that's
an Amazon-owned company, too.
They do robo-taxing.
So that's one that I would say
is kind of like moving towards that whole
scenario right there. So
Z-O-O-X, in case
anybody's curious.
And I see them around Vegas all all the time all the time they're like there's a couple routes that they run specifically
obviously you know robotic with like little scanners on the outside but they run specific
routes probably set to those routes specifically so i don't think they ever deviate but uh you know
at some point we'll probably see some type of robotaxi scenario where they ever deviate but uh you know at some point we'll probably see
some type of robotaxi scenario where they can deviate or find better routing but i always see
them loop the same things over and over again so it seems like they're very uh direct to where
the way they're set up one thing they're good at though is noticing cars around them too
which is something that i think a lot of people don't really pay attention to did you see the chinese commercial which uh the one that the chinese government did with the advertising
agency um because there's a lot of false claims about like uh chinese autopilot vehicles and like
the tests the two tesla models won the tesla models won yeah the model y and model three they both won uh in that
competition and the chinese uh made vehicles i think there was just like two that did decently
yeah i mean the uh tesla is ahead ahead of everybody right now when it comes to that specifically.
So, thank you.
So, I had a cool stream earlier with Crown.
I asked him a ton of shit, but one thing that stuck out was, and I know you guys have really similar styles.
I think Melina was listening, and Melina, you could chime in on how they they both are i think you know he was saying he's like yo i can't wait
to meet will that sounds dope um but he was saying i was like yo what's your best case and he just
you know just like you nobody makes the call tops per se but he said that if september closes i think
he said over uh or at 115 i told my husband this exact phrase. Go ahead, prophets. Yeah. 115 that he sees like super like diabolical, like more higher highs. And if it doesn't,
then just kind of like just kind of like floating, you know, like not up, not down,
just kind of sideways for a while, for a couple months, per se. But at least that's how I understood it.
I got to probably run back to the clip.
But that's what he said.
I mean, you know, just like everybody else,
like nobody likes to call tops or bottoms.
But I was wondering if you had similar ranges or anything in timing.
Yeah.
I mean, like, I think that's a reasonable reply.
I don't think that's anything extreme to what he's stating there.
I put the Zooks in the comments.
He has been wondering, though.
But, yeah, I think 115 is a safe number.
Let me see.
I just have to look at the chart.
Obviously, I don't want to disagree and not really know.
Okay, yeah, yeah.
So he's talking about breaking above the body highs here, getting above 115.
Yeah, if you break above body highs, you could definitely close higher.
I think so. I think if you close at or above 115 yeah that's unreasonable and I like the fact that number two because the number that
he's giving is actually putting this right at body highs and not wicks so it
just tells me he knows a little bit about trading specifically by that
alone because typically good traders that I've met,
they respect bodies over Wix. Wix are more noise when it comes to price action, and Wix are more
of what actual true price action is, because that's what they agreed upon price, right? You
get your agreed upon price, which is your body, and then you get your Wix, which is your noise.
Now, noise doesn't mean that price won't head towards noise it just basically means that you know these are the highs that the the most bullish
bulls could get the most bearish bears could get that's what your wicks are but the agreed upon
price is what they both agree upon on the close your close price is your is your main price so
you know what else i asked him uh i asked him the last nfc bought and you know what
he told me funny enough he told me it was a d god i'm fucking with you i know you would have liked
that one i know you would have liked that one william no he didn't he doesn't he didn't do
any nfts he's got some d guys don't worry um wouldn't you say it's a safe bet to hold xlm chain link bitcoin xrp and eth for the next six
months and call it a day and easily 5x yeah i i like i like the i want to point out a couple too
i'm not i'm not super bullish on hype right but one trade i do like that easy is taken specifically is the ena trade
i do like the ena trade i was looking at that is that on hype is that on hype no no so that's
that's a chain specific so got it got it okay yeah ena is like right here so you you can buy that
probably at most tier one exchanges but uh yeah ena's say it's going for the high and likely if we sweep it
again i would i would almost argue that's a w formation and you'll break out and break out in
a big way and move up pretty heavily so you know if we do a high to low fib you know you'd be
looking at something like 393 from 72 so yeah it easily five five acts of markets kind of mid
doesn't really do a lot.
If a market does a lot, then that could be a lot higher, right? You could easily exceed that. But
you know, I always try to get the modest take when it comes to price action, stick around your
fib levels and then understand your retracements. But yeah, you know, it looks really good. It's
been kind of in a really, you heavily bullish consolidation bullish accumulation phase for
quite a while uh heavy uptrend um and then you got plenty of room on rsi rsi is playing actually
right off the 50 right now as we speak on the daily which means you got a lot of head room
and you got vol drop on top of it so vol drop with you know running into the 50 you got a good
potential here you're going to hit that high before you know relatively i would
argue soon so that's a good 2x from here so i i think that one specifically looks really good
you could do a little more drawdown down into the right maybe this becomes a bull flag plays out for
a little bit longer but uh ultimately i like the uh i like the play and it's done this before too
you can see it right here, too,
another bull flag formation before a breakout.
But I think the next breakout will be like a true breakout,
not the BS that kind of happened right here
after the first bull flag play.
So we'll see how that ends up playing out in these ranges.
If they're going to play low again,
this thing is going to come all the way back to 58 cents,
but that's really kind of your low set you can see it's really obvious trend on the lows and highs here heavily heavily controlled price action telling me that this thing's going to
swing but uh i like that one specifically i would say e and j is kind of for like if we're just
talking from like a uh you know uh i i guess a bullish accumulation type thing,
you've also got ENS.
ENS looks pretty good, too.
But that plays into the ETH narrative.
Bro, ENS?
What?
Yeah.
That trade hasn't been bullish since I took it four years ago, bro.
If we just get back into break even, I'm happy.
I mean, likely you're playing on a trend right
here is what i would say if you look at the low so you play it out play those lows right there
on the daily you're playing right into a trend right now and then you've also got price action
playing into a trend too so it really this is going to depend on eth that that's that's that's
the way i would look at ens so if he starts to
gain traction again i would say you know starts to gain traction with it and that's basically what
we've been seeing it did have a nice sort of run here though i mean if you look here look this thing
ran basically from eight dollars to 28 consolidated ran up to like 50 and then kind of retraced back
into that 28 consolidation range again but you you held that low. You basically got a double bottom right here.
And you've been holding that low through there.
Guys, if you want to see, follow along,
or just stare at my beautiful face and Will's beautiful face,
we're on live stream for real, for real.
On X and on kick.
FYI.
FYI, motherfucking I.
Thank you for that.
I don't know if you were wrapped up.
We're going to continue on.
How's your meme coin trading?
Did you trade last night?
Attacked from us getting rugged?
What else are you trading right now?
I'm down 20k right now,
but this is the life of meme coins.
Fair enough.
Down a few dates.
Nothing crazy. nothing fucking crazy um we got frankie here i know you frankie you got tons of
shit you've been looking at um anything you want to add to this don't no pressure
um i'll be honest i just made a peanut butter and jelly sandwich.
I haven't heard of it. Nice.
Fair enough.
I will say.
Hold on, hold on.
Crunchy peanut butter?
What bread are we using?
Dude, honestly, I almost fucking came.
I opened up this peanut butter.
It's Teddy All Natural.
The ingredients are dry roasted peanuts and salt.
No oil, no bullshit.
Super chunky peanut butter.
I opened this thing up, and it was literally a fucking layer, like an inch thick of just peanuts.
Like of crunchy fucking peanuts on top of the peanut butter.
And like, I'm telling you, I almost cried.
It was fucking so amazing.
Nice. Yeah, it was great so amazing nice yeah it was great
yeah i think uh serial killer vibes not gonna lie i don't know how you guys eat fucking crunchy
peanut butter it's so fucking good and then i got the um organics strawberry fruit spread
it's about like fucking 15 on these two fucking things and it's just like dude what like 15 Dude, what? Like, dude, there's much of this fucking lighting in the street, bro.
Like, $15 for some fucking Peebs and Jeebs?
Like, are you kidding me?
What's the Peebs and Jeebs?
All right.
What's the bread brand?
The bread.
I got Dave's bread, 21 whole grains, and seeds.
Which, by the way, if you have to take a drug test.
No, Sarah Lee.
No, Sarah Lee.
We on a budget here?
What's going on?
Sarah Lee is where it's at, bud.
We on a budget?
What do you got on this white bread?
Dave's bread?
He paid 15 bucks.
I'm going back to Dave's bread.
I'm going back that.
Dave's bread's pretty good.
I'm not going to lie.
I don't even know who Dave is.
Who's Dave?
Bread in America sucks.
Let's be real.
Dave's bread's expensive.
It's not budget bread, that's for sure.
Yeah, what's the old place that everybody goes that used to make pies?
What was her name?
Baker Square.
No, no, not Baker.
It starts with an M.
Marie Callender's.
Sarah Lee's is the new Marie Callender's.
Ain't nobody going there but like 70-year-old people.
There was like the last remaining Marie Callendars was still
in Vegas on fucking Sahara
until, what, five years
ago?
I think they're completely out of business now.
Just like Sarah Lee will be soon.
Thoughts on the markets?
We had the jobs data come out. We had Jolts come out.
We had the Bayes book come out.
Basically, just showing us more of what we thought.
Weakening in the labor market.
Nothing like too crazy weak, if I'm understanding it correctly.
I haven't had a chance to really dive in yet.
I just started cracking to it a couple hours ago.
I mean, it looks on par, right?
I mean, last I checked, the Fed chance of a rate cut is now like 95%.
So, I mean, the only thing that's going to stop us from getting a rate cut is if CPI comes out in September just like egregiously, ridiculously high, which I don't think that's going to happen.
So I think that that's looking good.
Again, I think depending on what we get, because we get non-farm payrolls on Friday, and depending what happens there, we could very well see.
I still think we could see a 50 basis point cut if we get weakness in the non-farms.
And then we see CPI that comes in at or below expectations, maybe even very, very slightly above expectations.
I think we could definitely see 50.
I think that's a possibility.
I don't even care if they come in and do a .25.
A cut is a cut.
Margaret's going to play on that.
Yeah, yeah, no, for sure.
And then I think, too, what we have to look forward to,
regardless of the size of the cut,
is the fact that where there's one, there's usually
more.
And so, you know, it's probably going to be a C a sequence of cuts.
Uh, we could see it.
I mean, I, I think if, I think if we don't get 50, uh, I think we get a cut in September,
October and December, you know, again, barring some kind of surprise, you know, some kind
of like big miss on, on either, either, uh, jobs or inflation data.
Um, but I, you know, I think we're like, what I think the neutral rate probably is what close to
like two and a half to two and a half percent is like the, you know, the neutral rate is like the,
the hypothetical, uh, policy rate where it's neither, you know, restrictive or loose, you
know, it's the, it's the, it's the new trade. We all know the word new trade.
So, you know, I think that the closer we get to that, the better.
So I think they have room.
They have room to cut.
They have a lot of room to cut.
Very nice.
Appreciate you, Frankie.
Guys, make sure you should have followed Frankie.
I'm in his IPO stock him the stock Frankie and uh we
need to pump that stock oh also can I say um I got a space coming up can I can I show it
uh not if it's the same time as mine no I'm just fucking around go ahead go ahead you're good I
don't think so yeah it's uh I'm doing uh just a market update I do every few weeks. Doing a market update. Saturday, it'll be 8.30 p.m. Eastern Standard Time.
5.30 Pacific, West Coast Time.
Oh, nice.
Hope to see you all there.
Oh, yeah, we'll pull up to that.
Very nice.
Real quick, I'm giving away two claw plays today.
You literally have no excuse to not have an account.
The link is in my bio and i shill
it every fucking day okay i shill it every day that's how you qualify for the giveaway sign up
and in about 10 minutes i'm gonna comment below the winners you all you do is like comment repost
the space and then drop your bz address here in the comments on the on the spaces comments
but i want to jump into um i'm gonna go to Emily real quick but after that I'm gonna jump into cards which is uh the official coin of collector crip um it's a RWA platform that's
been around for a while has a lot of volume um and I think the launch itself did well but I could
just be dumb because I see the bold market or excuse excuse me, I see the bold candle, but I wanted my quant,
Will, to look into it and check it out here. I know it's like a fairly new chart, but based off
of the actual product itself and then, you know, a coin, I want to hear his take, but Emily, go ahead
and then we'll go back to Will. Hey, hey, Profit, sorry. Hey, Will, I have a question for you, Will. Have you looked into the, um, Jemmy, uh, IPO that the Winklevoss twins just announced,
um, coming the stock?
And I was wondering what you kind of thought about that.
They're doing an IPO.
It hasn't launched yet.
Yeah, it hasn't launched yet.
It was just announced.
Um, it's going to be NASDAQ.
It's like, I think, um, Cit think Citigroup is the underwriter alongside with
somebody else. And then, yeah, it's, I mean, they're kind of like going on the backs of the
bullish trade that happened and like the Coinbase and Coinbase went into S&P 500. So that was pretty
cool. The bullish one kind of like was a little lackluster, but I think they really want to break the market with this because they're so buttoned down with Gemini because they don't trade meme coins.
They don't do any of that sort of stuff.
So it's more aligned with NASDAQ, I think, in my opinion.
So I'm kind of hoping that it'll really pop off.
But I was wondering if you knew anything about it or you're looking at it.
Mostly, IPOs are pretty profitable. I say like look at something like robinhood it did take robinhood
an entire cycle to catch on if they if they do it right it'll it'll be a winner it's just hard to
tell man like i feel like the platform you know I would say kind of
frontiers getting a little diluted, to be honest
with you. Let me pull it up for Robin Hood
real quick.
And that's kind of the issue.
You got things like, there were a lot
that I thought actually would beat Hood
that didn't beat them.
surprisingly enough, they ended up being the
ones that come up on top from all this.
But if you look at them from the 2021, right,
they had their launch and their big, massive dump,
which put them in a consolidation basically for like three years.
You can show your screen.
I'll kill mine.
Oh, I didn't know you changed it.
Oh, I got it.
I did it.
Don't worry. My bad. Oh, you're it hold on oh i got it i did it don't worry my bad
oh you're good you're good let me check it back
yeah i would say like look at something like good like this is the typical ipo
launch scenario but uh but again i'll give them the benefit of the doubt they did launch it
kind of like or start in like one of the worst scenarios they could have going into in the year 2021.
But there was enough bullish catalyst to kind of slingshot them, which did initially slingshot them pretty high.
But and that could happen for Gemini, too.
It could get a bit really bullish catalyst.
But I would tell you this, like if you look at their launch to you know high it
was like 150 and then after that you lost the next two or three years yeah you lost like 80 90
value i mean with bullish i got in and i got out the same day like i didn't even hold yeah i held
for like three hours and then I got out.
If you could sell out of it, for sure, it'd be worth buying for a quick flip.
But I would almost say even if it ends up working out for them, it's going to probably land something like this.
I mean, Coin did the same shit. We could literally pull up Coin.
It's the same exact launch and dump scenario
um for coin too they both did it i was just hoping that like one of these would kind of like
stay the course because it just seems like everything is aligning for markets and like
why doesn't it totally align you know what i'm saying it's like it just seems like there's some weird
teeter-totter thing going on and i hope that like one of these ipos just sticks because i think that
would say a lot about like crypto in general being kind of more mainstream and i i mean we've seen so
much mainstream activity in crypto that it just seems like maybe it's a good time for this they're
thinking end of the year for this anyway so i don't think it'll be like right away.
I think they just.
Well, if you look at something like Robinhood coin,
like these are still good success stories.
They're still, I mean, they're solid.
I think that these have done well.
I just, the thing that I think is like,
even if you IPO these coins in a lot of cases,
these things go well below
launch price, right? Or open price, we'll call it launch, but open price, they go well below open
price. And then you really have to wait almost like two, three, four years before you're going
to really kind of see that real upside. But I think like if you're a long-term investor,
these could pan out for you, right?'re like hey i can hold this to next
cycle i don't care what it does i got ipo pricing we're just gonna let it sit and chill then i think
you'll be fine but if you're trying to trade it it could be a little rocky i think it'd be hard
it'd be a hard trade um could you probably sell it on launch and get it a lot lower
good chance of likely what'll happen, to be honest with you.
All right, cool.
Thanks.
Yeah.
Are you looking at that chart?
Yeah, that's what I have up.
Or not, they don't have.
No, no, no, my bad.
My shit just turned off.
That's the good thing about that.
I had your other chart up.
Yeah.
Or my bad
whatever's easier you're good i just wanted to uh talk on it real fast and then also just for i know
you're not gonna go look into it um they've done i think over 10 million in volume since they started
i could be a little low on that um huge community a lot of users a lot of users, a lot of activity. And then launched with Metaplex, their coin.
And then obviously on Solana, so that's that as well.
So there's a little context for you as far as the product goes.
Wait, do you really want me to answer this?
I don't want to answer this.
Is this a sponsor?
No, hell no, it ain't a motherfucking sponsor.
It's a motherfucking competition. No, no No, hell no. It ain't a motherfucking sponsor. Ruck is the motherfucking competition.
No, no, no, no.
All of it.
But damn, fuck.
This man is...
This man is...
This man...
I don't even...
I don't even know what...
I wasn't...
You know me.
I'm just...
Just banter.
I'm just...
You know, it's a coin.
It's an asset.
It's...
A lot of people are super bullish on it and haven't sold, and they're
up a lot. So I don't know what that means.
But yeah, that's...
All right. No take.
Just ignore all the part before the
very last few words you just said.
What was the last few
words you just said? I already know what you're going to say.
You always use everything I say against me, dude.
It's fucking sucky. Shitty. God.
Profits, I want to be bullish with you.
Some of them sold it.
You know my mindset.
I'm not even in it.
I'm not necessarily bullish.
I know.
I'm just saying.
It's a narrative, and it's catching attention, and whatever.
Hey, I'll tell you this.
All right, let's talk about stocks.
Hot air rises.
There we go.
And it also dissipates. Hot air rises for There we go. And it also dissipates.
Hot air rises for sure.
Don't listen.
That's going to do really well.
And I'm going to send you the P&L when I sell it.
And I'm going to show you the parts I get for the NSX when I sell that bag as well.
That's what I'm going to do.
Motherfucker.
Anyway.
What's up, Liz?
Welcome, Liz.
What's up, girl liz what's up girl gm's gm's prophet you didn't ask me but you know what yesterday you asked what was
going on in bitcoin and i realized i'm into three different things today two different protocols
came out and there's just so much happening over there so what made you i sort of started with that
what made you mint what you minted today and how much were the mints uh one was free and actually
we don't know if it's even going to go through because the website shut down and as you guys
know if it doesn't fail then it's not even going to be profitable or good and we're not doing
anything on bitcoin the other one was actually to support someone. I like what they've got going on,
but I'm not super excited about runes.
We'll see what that one plays out,
but there seems to be a lot of motion going on around it
and what could possibly happen as far as rewards
and airdrops and all of that.
And with Bitcoin, airdrops are still pretty big
and people are still trying to get those.
And then the other one is a gaming uh
piece but these guys actually helped with i think it was like the lord of the rings
and let me hold on let me look at a battle of
hater battle of hater yes dungeon yeah i saw the pillar yeah okay no you're good liz i texted
prophets i said two or no collections. But they didn't sell out.
So that one had an issue.
And then Runelings also didn't.
The only one that had an issue was Quarry's.
The other two were like smooth as hell.
What you're confusing is that people were not on the allowed list that thought they were on the allowed list.
So they had to be manually put in at the last minute.
Yeah.
Yeah. Yeah.
But a lot of action on Bitcoin today.
She's absolutely right.
Here comes Will.
Now, I just heard that some people accidentally hit some buttons and sold, you know, all their supply on some of these creator coins.
You see?
I know he's going to switch the subject.
No, but it wasn't a scam. I mean wasn't a rug right Gainsey is an OG
Okay, he's an OG
And I just I just heard some lore of his today. I didn't even realize how long he's been in the space
Which is I know how long it's been in space. You know what he's trying to do, right? No, I'm trying to get volume going
You know, how else are supposed to you know if people
are in panic selling and running up that volume how is that like how is he gonna make any money
well i mean i can tell you how you know what you do is you accidentally sell which takes about three
buttons to hit and then um after you accidentally sell you snipe 25 percent of your supply then you
buy back in and say i bought it all back and then you sell the 25 you snipe 25% of your supply. Then you buy back in and say, I bought it all back.
And then you sell the 25% you snipe back in with.
Hold on.
Will, I got something for you.
Everybody go.
You know the vibes.
Everybody go to the stream real quick.
Hold on.
This cracked me the fuck up today, dog.
This was the funniest shit ever, bro.
Hold on.
What am I doing, bro?
Add to the stage, Shanice. Come on. Let's get right,
buddy. All right, Beck. Go to the stream real quick. I'm going to share something. Will,
you're going to laugh your ass off. You're going to laugh your fucking ass off. Hold on.
Why can't I? God, I'm slow at this shit, dude. I'm really slow at this stuff. All right,
here we go. Here we go. All right. So this was very funny. Check this out, William.
Check this out.
It's a video.
Hold on.
Damn, he posted a lot today.
Hold on.
Here we go.
Here we go.
All right.
Here we go.
Cigarettes.
I just can't believe a lot of cigarettes.
Because if I don't have cigarettes, then I can't focus.
And if I can't focus, then my stream clips don't do well.
And if my stream clips don't do well, then I lose motion. and if I can't focus then my stream clips don't do well. If my stream clips don't do well then I lose motion and if I lose motion then my token goes down.
Anyways, I gotta go stream man. Talk soon, okay? See ya.
Wait. Oh fuck, I just missed clips! No! Oh my god!
Follow me or you're getting liquidated. Everything's pumping but you're still getting liquidated if you don't follow me. Follow me or you're getting liquidated everything's pumping but
you're still getting liquidated if you don't follow me or you're getting liquidated bro
hold on this is that fucking dude that was a razzman yo that's so fucking good that was so
i just love that his nose had to touch the screen multiple times to make the transaction happen.
Yeah.
You know, when they say after you watch, after you watch the movie four times, you like notice, that's exactly what I noticed.
Like the, I was like, Oh, you got to hold on a second.
Look, look, look, he was just looking to see the value of the token.
And then after he went to look to see the value of his token, he hit approve.
And after that, his wallet popped up and said,
are you sure?
And then he said, oh, maybe the value is not right.
And then he accidentally bumped the are you sure button,
the third button that he would have had to hit the cell.
It was so good.
But profits called it.
We were waiting for that oh fuck moment.
Low key, low key.
But it's, I mean, he got motion but i i don't know i'm not in that
coin what's the that shit what is it went to like 10 mil huh it did go pretty high i i did i did say
profits what what did we talk about yesterday don't touch the bigger creator oh i'm already
hey i'm already doing i'm already at your uh i'm already fucking with your method i already got
the strap right yeah i'm on the strap i sent you coin. You should be up if you took it as well.
The motions are?
Kiro.
Kiro, we're on to something.
No one sent me a coin today.
Right, I missed the memo too.
You didn't tell us that the badge that you have has staking for our ordinales that doesn't leave our wallet.
And what do you want to do?
Like, yo, I'm sick of the shits.
Wait, are you talking about staking?
Have you soft-staked your ALU?
No, I don't even know what it is.
Then let's talk about it.
That's my point.
It's soft-staking.
What part of that do you not understand?
You get rewards on top of your ordinal,
and you have access to it
So you don't have to give it up because most of these idiots didn't learn from the Merlin thing
So we're trying to do it better
I still have 16 or 18 freaking puppets stuck in Merlin. Don't fucking talk
This is this is something sensitive to you
Why do you think I came firing at you liz usually i'm
so sweet to you but today oh no i'm prepared we soft stage it's all in your wallet so the points
go on top of it inside of your wallet so if anything goes wrong it's still a wallet you
control that arrows happened on okay okay yo founder you heard that uh you need to cut profits a check holy brother
i got some questions bro i uh i guess we're not gonna talk about it here i mean if you
guys don't know the answer didn't eric own that and he sold that what's going on with that
i thought merlin was legit
okay i mean i believe they gave most of the people their shit back except for kuro
ah okay that's what i was gonna say i feel like i heard this well i just you know the thing is i
just transferred it all as btc to a ledger and i don't know how to take it off and that's probably
a good thing he didn't check his fucking bit he didn't check his email let's see who actually
made a bz account i'm logged logged in. I'm seeing. Wow.
One, two, three, four.
I made an account.
If I don't win, I'm reporting you to the Better Business Bureau.
Six, seven.
Okay.
Okay.
You can see what you called on.
Not the Better Business Bureau.
Not the fucking Better Business fucking Bureau, dude.
You guys should be scared of the BBB.
My screen name is Pick Me Profits.
That's a cute one.
I want to also say, guys, protect your booty hole at all costs.
Make sure you guys are protecting yourselves.
Very, very important.
Very important.
Zeep.
Yeah, there's retardios lurking everywhere.
Zeep, when did you...
I don't know how long we've fucking been following each other.
I'm going to be real.
When I see these PFPs, everyone just is the same to me.
It sucks.
I know because some of you guys have cuter ones than others.
But then when I hear you and then I see your name more, it's like, ah, okay, okay.
But when did you get into crypto?
Because I love that you do active selling.
I feel like motherfuckers here have no hustle.
If they just sold one Pokemon
card a fucking week, they'd probably learn how to fucking make some motherfucking money in this
space. But what made you correlate yourself between like crypto and Pokemon or has it always
been that way? Yeah, I actually just recently changed my PFP to this like unknown little
salon project because I love RuneScape. And that's actually what got me into trading and crypto.
I actually made my first like actual like chunk of realized money trading
like in-game currency and assets like way back in the day,
like 2016, 2017.
Fuck.
I don't know.
Honestly, I haven't touched besides uh bz which i'm actually
setting up my account right now um i haven't touched any on on chain tcg shit but i like i
love i love the capability and the potentiality of it right um like the the game the gamifying
the degeneracy with like the claw game and stuff like that.
I think it's really cool.
As far as TCG goes, I obviously am in my 30s, early 30s.
And I've been into TCG indirectly for, you know, since the 90s, baby. But I just started taking it seriously as like a place
of business or to make money probably like two years ago, I'd say. My friends kept fucking
bothering me about it. I'm like, fucking brother, you got extra liquid, just fucking buy this,
buy that. And I would listen. I'm a and i and i don't like listening to other people even though like a lot of the stuff that's been told to me is good stuff
but um i faded it man i faded it i could have gotten a couple things early and done really well
and um i i just concentrated and leaned into one piece honestly i i have a lot of my old og pokemon stuff i have no new generation stuff i
have like neo i have neo collection i have the og and i have base too that's literally the only
pokemon stuff i have so like the really really old set stuff which isn't that sought after unless
there's like error cards or like i have a couple no rarity cards um but yeah man i'm i i don't i don't know if i answered your
question completely because i was like reading something but uh i was just curious i was just
curious i noticed the correlation quite a bit yeah yeah i feel like i feel like we're the smartest
ones in the space to be honest i mean dude i i look if're going to spend your time doing something, you might as well educate yourself.
Take the time and do it well, right?
And do it right.
Like anything.
So for me, man, if I'm going to concentrate on something, yeah, I'm going to want to love doing it.
And also I want to positively impact my life or the people's lives around me while I'm doing it.
around me while I'm doing it. So I don't know, even for like collecting cards, it was just like,
So I don't know.
like I said, I went into it as like a degenerate, but also with like a business mind. So like,
yeah, I'm buying up cases and I'm buying up all these fucking packs. But I'm also,
like I said earlier, looking at the top 10 value of each set, I'm analyzing the buys and sells,
I'm looking at cards that, you know, might not be priced in the market yet. And I'm kind of just
like, some cards I'm getting absolutely rinsed on. I'm like, oh yeah, I'm wrong. But the other ones
I'm right on are absolutely cooking. So I'm doing well. And it's exciting to see people
finally starting to incentivize their own hobby on chain and build on top of an already like crazy intellectual
property um and i think it's just the beginning and i'm kind of excited to see where it goes
honestly i mean dude solana just showed tcg so it's it's pretty crazy well motion is insane
right now for the fucking pikachu's bro fucking I mean hold on you guys think fucking
what are those
pots and pans
no she's opening up
I forgot
she's opening up
I forgot some of you guys
aren't on the video stream
yeah I just showed my
pokemon 10s
you know
today's Wednesday
wow Luna that was right in my ear, brother.
Uh, tomorrow, space is back on at 7 o'clock Eastern.
Uh, today was a banger. Today was a super banger.
We're not ending just yet. I'm gonna still, like, shout two winners here in a few minutes.
But, dude, Creator Capital Markets is here. Uh, don't get left behind.
Uh, we got a strategy, though, Profits. Dude, creator capital markets is here. Don't get left behind.
We got a strategy though, Profits. We got a strategy.
Wait, how do we front run this IPO from the twins?
Can't do it?
Can't do it?
It's not doable?
I mean, you can get it down to the IPO, but is it worth doing all that and then getting taxes?
Because you're doing capital gains, 100% you're getting capital gains tax,
which means if you only do 100% move, all that money just about in profits is going to taxes.
Fair enough.
Fair enough.
Prediction markets.
Anybody trading them?
Anybody got a pick for me?
Yo, so...
Okay, here's my thing with the prediction markets.
I like some of the bets, but like...
Sometimes it takes too long.
Oh man, but you could trade the markets though. You don't have to wait for them to settle either
Yeah, but but like your upside potential see it just ass on prediction market because like they've already been in most of the prediction
most of the correct prediction which means like
Unless you're really early like you're not getting any upside on those predictions. Yo, I'm curious with those
you're not getting any upside on those predictions.
Yo, I'm curious with those predictions,
with the prediction markets,
is it like, say you like the 1,000th person
to agree with the main opinion.
Do you get a lower percentile?
It's a spread.
Okay, yeah.
It's a spread.
I see what you're saying.
Yeah, that's kind of...
Yo, but the centralized curation is insane, though.
Bro, can you imagine how many people
get early dibs on that shit?
But if it's 99%
to 1% and you're
a small percentage of that 99%,
you aren't getting shit
in returns. People are throwing
millions at some of those plays.
You don't have a chance
to really kind of play. I would too if I got insider info i would throw billions fuck around well no
but but the point is is they have real size to fuck around and find out whereas like other people
if you put in that kind of size and you're wrong you're fucked yeah so pulling out so polymarket
right now is is massive right there's there's a bunch of sharps there there's a lot of money going
on um a really good play a really sharp play not because I'm affiliated with a project in Myriad,
but deadass, if you front run some of the narratives on smaller marketplaces, such as
Myriad, you can make a lot of money because you can kind of see where the trends of the
narratives are going and there's a lot less money in play uh so you know a little arbitrage between poly
market and myriad is is a good move i think too like another thing that a lot of people don't
talk about sorry is it something just a second another thing people don't don't talk about is
like if you can set the bet then you're good right if you set the bet then then you're in a good
position but if you don't set the bet you're kind of at the whims of everybody front running you
how many people are setting the same bit like do they kind of like regulate who can put in an idea
or no there's no regulation so there's like millions of the same idea out there
i mean but everybody's going to bet on one or the other right it's like a liquidity pool
you're going for the more popular that's that's exactly what it is each prediction market you
create has its own little liquidity pool right okay and if there's multiple bids up like say
somebody wants to expand their spread a lot of people will bet on both sides and then in addition
to betting on both sides some people will manipulate those markets of people will bet on both sides. And then in addition to betting on
both sides, some people will manipulate those markets. So they'll bet on the wrong side pretty
heavily. And then they'll bet on the right side pretty lightly, but their odds are so good on
being on the right side that that light bid they put on the right side will actually end up with
them gaining significantly more than they'll lose on the losing side. So there's a lot of
manipulation that goes on there too.
This sounds like when someone puts a long in and a short to counteract the...
And somebody sees the books, and they're able to counteract the books.
There's some hedging, there's some arbitraging.
I mean, it's heavily...
It's another trench, for sure.
It's another fucking...
Yeah, pretty much.
If you don't know what you're doing, you can get rinsed just as easily as in the trenches.
I just wanted to say something light and quick because you guys are talking about, Paul, did you guys see that the U.S. is set to launch after they got greenlit from CFTC?
They got greenlit from CFTC.
Yeah, and just to your point, I believe, or to what we were talking about,
there's the Trump family came in with millions of dollars invested into Polymarket,
and then, like, the next day, it's like, oh, guys, by the way, it's legal in the United States, you know?
Like, pretty sweet. No big deal.
Am I, like, I don't know if this is black and white, but was this a long, streamlined process?
white but was there was this a long streamlined process was it a payoff like why did why now
Was it a payoff? Like, why now?
so they it was it was in uh in litigation and it was just going back and forth and then they
finally announced that they're they're they're not gonna put any regulations or enforce any action
towards it basically anything that was in speculation of regulation you might as well
just say it's going to come out of regulation.
It's gloves off, right?
It's full gloves off.
Anything that was illegal
is now becoming legal.
Crime season.
Rob, people, go for it.
The crazy thing is the timing, though.
They literally said a couple days ago,
like, oh, the Trump family
invested a shit ton of money
into polymarket.
And then 48 hours later, it's like, hey hey guys, by the way, fully legal in the United
States, no restrictions, please enjoy.
I read somewhere where Eric Trump was like one of the biggest winners on Polymarket anyway.
Yeah, 100%.
He's cooking.
They're all cooking.
I mean, when you're invested that heavily, it's not that hard to say, hey, OpenSea, tell
me the next launch.
Oh, my bad. Wrong, wrong platform.
Well, this is a recorded space.
Bro.
Stop it. William cut that shit out. Um, all right guys, last chance to get your BZ account link in bio.
I'm going to call the winner in about 35 seconds
all you have to do is like comment repost create your account and then drop your bz address below
what's up alec welcome to the stage appreciate you
new button should be on yeah thank you hey everybody uh just said thank you for having
me up here just to chime in on what we were talking about, the Trump family investing and getting approved. Just a reminder, if you look back in time, Trump was a casino owner.
gambling and him approving things and pushing things through legislation and just bypassing
that and then getting investment.
It's nothing new, right?
Like this is just who our president is.
And, you know, whether or not he ran the casino into the ground, I'm not speculating.
I mean, that's what people say.
You know, he just approved a big casino deal.
So it's pretty epic for us who love to gamble on, you know, poly market bets. So it's not a negative sentiment. It's actually bullish. I just I'm monotone right now. I apologize. But yeah, it's just it's interesting that this president also ran a casino just turned, you know, pretty much a global but.-based casino and approved it into common consumer practice.
I like how you point that out, actually.
I think not enough people think about that from a higher level.
That is exactly what has happened with a lot of investments.
It's become Ponzi-nomics and casino-type, you know,
basically odds with a lot of these things right now.
And I know a lot of people think that that's me bashing.
It's not.
I'm just explaining, you know, specifically what is going on with markets right now.
And you're just seeing it just like gamble more, gamble more, gamble more.
And it's really playing into people's addiction, addictive personalities.
In a lot of cases, more people lose.
Yeah, exactly.
And with these announcements of him being able to,
he's basically front-running everything that he's putting out there
for us to be able to use.
He basically front-ran PolyMarkets.
He front-ran tons of stuff so far.
I mean, his own MeanCoin, tons of stuff that he's been front-running
and is putting out there.
And I don't think enough people really take a look at that
from an overall perspective. If you're winning, you winning you're winning great i'm glad everybody's winning
but you have to look at it from the perspective of what's actually occurring too and we have to
look at it like is this the beginning of a spiral or is this the beginning of something great and
we really don't know how this ends at the end of the day. I mean, it's great for us early, right? And then you think about it.
Again, I'm not being bearish.
I just want to point out history.
He's probably one of the only casino owners that filed bankruptcy on the casino.
And the house is supposed to always win.
So I don't know if it's good on the long term.
Is it good for us now who love to do this?
Yeah.
But, you know, are we Monaco all of a sudden which i mean bullish
but wasn't it i would love to be monaco all of a sudden that'd be sick sorry just my own person
damn it my own dgen is coming out monaco is awesome wasn't the wasn't that whole casino
thing bankruptcy wasn't that a tax play too i remember something about reading about something it's always a tax play with yeah for me it was i think it was like like i mean he knew he was gonna run
it into the ground like it was a tax thing that he needed to do or something i don't know the
funny part is is like enough people it like if if you've seen him through the years and i've seen
him through the years a lot of people probably have, right? And nothing political or anything like that. But if you've seen him through the years,
everything he's done has been methodically done in a way that either A, to reduce taxes or B,
to lower taxes or C, to not pay taxes. But it's not just him. It's all, all billionaires. I know
a lot of people are like, oh, well, this billionaire paid or that billionaire paid. No, they all
do these tactics. This is nothing new.
I mean, I've been playing this.
He's just the attorney general. He's just
the commander-in-chief, right?
Yeah.
Yeah.
I was going to say, we need to do an exonerate
Martha campaign.
Exonerate Martha?
Because remember, she went down down went to jail for insider trading
this just means that eca is for everyone look look if we're going to talk about insider trading
look at congress for the love of god look at congress for sure they didn't go to jail
all of them need to go to prison well no at this point he's saying that they don't
oh yeah no no i agree i'm just saying like if insider trading
Were illegal, were illegal
All of them would need to go to prison
Is that the Canadian saying something about
America, Kuro?
What do I have to do with
America?
Oh, sorry, I thought that was you inputting
Nah, nah, nah, nah, nah.
I don't have nothing negative or positive to say about America.
Negative or positive.
Yeah, I'm trying to live in the 51st state.
You know what I mean?
Once that happens, we'll figure it out.
But if you come here, then ETH is in 5K.
Listen, that's a road we'll get to when we need to cross it, but five-figure ETH.
Five-figure ETH?
Five-figure ETH, that means Mog is doing wild shit, right?
Nice.
That means that we're at billions.
Yeah, that's a lot of ming coins popping the F off
that means the mog trillionaire chat
is going to be wiling out and all you're going to see
for the
foreseeable future is
people with golden
fucking
pit vipers and bullshit
yeah there's some big things coming for that pit vipers and bullshit
yeah there's some big things coming for that this year I think there's a lot of big yo so hold on a second is this came this just came like this thought just
came to my brain we're what part of the cycle are we in right now in your opinion
will or even cure all remember when mutants were
getting like 100 eth offers before other side sorry luna's bugging out right now um yeah what
part of the cycle are we are we like two months before that three months before that what do you
think bro is that your dog no she's i don't know about will but like my thesis is that people haven't made, there hasn't been as many like PV plays as a typical cycle.
So until that happens, like people don't have that like legitimate,
like disposable income.
I put that in like big air quotes when I say disposable.
You know what I mean?
Like you're going to have your couple of winners,
but, like, you know, Kobe and these types of guys win every cycle
because once you're in the game long enough, you're always going to win, right?
It's not timing the cycle for most people.
It's timing the cycle.
So, like, you know, people will they're not like traders like will right like
i'm not a trader i don't do that shit bro i don't have the time for that like i don't even have the
mental capacity to be speaking on this space but here i am i would say like it's not really timing
the market it's sizing the market and i think that that's the hard part a lot of people are dealing with
because you have to come in with size.
You just have to.
And a lot of people aren't coming in with size.
They're coming in with very little amounts of money,
trying to turn it into big amounts of money.
And they're losing, losing, losing, losing, losing,
and they're not understanding what's going on.
This cycle is more of a
in my opinion it's more of a whale cycle so it's you know you you gotta you gotta throw five figure
plays in continuously until you hit or you know six figure plays if you really want to hit
and then not only do you have to throw them in you can't you can't go all in one clip you gotta
you gotta size into positions and then size out of positions it's actually really annoying i'm not
gonna lie like it's really fucking annoying this cycle in comparison to previous cycles previous
cycles it was more pve i could i could easily go in 500 to you know a thousand bucks pull out 5k
to 25k and then you know now this cycle it's like i have to to 25k. And then, you know, now this cycle, it's like,
I have to come in with freaking 10, 15, 20k on a play. And then I,
and then I can't even get out of the play.
Cause I have to like slowly size out as the play is playing out because my
sizing is too big for these freaking plays.
So it's actually kind of a little bit annoying in that factor.
And then if some of them, if they collapse, I just end up trapped.
There's, there's been a couple of plays I've just just been up trapped in like i can't even get out of
them so it's like no point even selling and i and i actually still have a sizable position in them
but it's just like you got to take some really heavy risks this cycle i don't feel like the risk
the reward has really been there for a lot of people kind of like what kira was saying though
i think that the reward has been kind of shit for a lot of people and because it's been shit for a lot of people kind of like what Kira was saying though I think that the reward has been kind of shit for a lot of people and because it's been shit for a lot of people nobody's gonna buy
extravagant things when there's really not a lot of reward for them to do so if people feel like
there's a ton of reward then they'll buy extravagant things but until then until that reward comes
nobody's gonna really spend on those things do you think the ceiling has been hit for that to
happen because of the way that the banks have come in and all these things have come in?
No, I think there's too much thought into banks coming in.
I think there's too much...
I'm just trying to think of the word.
There's too much speculation around banks coming in.
Banks and stuff are dumb too i'll
just be real like they're not dumb but obviously they're banks right but like the people operating
the banks are dumb and then the people operating the businesses are dumb right like that's that's
what a lot of people don't get like think about how bad nike got rinsed in 2021 think about how
bad a lot of these top top fortune 500 companies got absolutely rinsed in
2021 coming into the cycle. But Will, I mean, if you're in a hedge fund or something like that,
I mean, you manipulate stock prices all the time, right? So like, I mean, what would you,
I mean, if I was like a hedge fund guy, I would just bring in a lot of size in these coins and
just wipe out all the liquidity like go
back and forth and trade up and down and just manipulate the market all day long i mean what
stops them from doing that they do do that so basically we're trading against them which is
really shitty so they don't get creator royalties emily what's that yeah they don't have creator royalties yeah that what pump has done is
pump is kind of reverted that back to the people willing to take the the the stain on their name
and launch coins right and I don't say stay on their name as if like everybody is doing it stained
right there's there's some new players in the house that haven't actually read people and stuff before that i think on the on the pump that i kind of like but
the the thing that i'm trying to get to is like those people are getting revenue share
off of volume so like even if these bigger players are coming in and rinsing people on the trade side
the creators are still getting paid the platforms are still getting paid um and the only person getting rents is really the poor people and i
and i don't mean that in any disrespectful way i'm i'm saying that the best way i can say it right
we gotta we gotta be as realistic as possible and that's just that's how these markets work
there's never been a better time to be a creator who launches a coin and also is paired with a market maker.
Correct.
Yeah, yeah.
Because a market maker loves it because you're going to show up and you're going to keep that volume rolling.
They're going to pretend that you have motion by keeping your chart moving.
And they're going to rinse people between the highs and lows.
So like when I talked about the other day, probably when I said these creator tokens are likely just going to move sideways for a bit, which was a good clip, by the way, by Antonio, by the way, good follow.
He's in the audience. That's likely what we're going to see. We're going to see more sideways
shop more than likely on these creators. We're going to see market makers that are market making
these coins. And then eventually, once they can get enough interest and we can get enough movement
and volume into the market, they'll probably push them higher and rents more people even higher.
I'm just,
I'm just waiting for the swing as a trader.
So I'm waiting for them to swing up.
I'm going to take advantage of the swing,
just like the market makers going to,
and then they're going to rent some more people.
Yeah.
You know,
it's funny you guys just said what you said about the creator coin and this
fucking market maker. Cause I'm looking at the chart on some of these creative coins and I'm like, you know it's funny you guys just said what you said about the creator coin and this fucking
market maker because i'm looking at the chart on some of these creator coins and i'm like
oh this is just direct correlation motherfuckers just skipped a whole bunch of steps
um yeah i pinned up the the spaces for tomorrow what uh wow what a crazy couple days it's been
again i don't know what the female correlation is to,
you know, my balls are tingling, but I'm telling you, there's some tingling going on.
And I just want everybody to be on the right side of the fucking trade.
Okay, this is, you need to lock in. This is generational wealth for your family.
You need to lock in. All right, I'm not saying go gamble or none of that.
Just fucking lock in, whatever it is. Just lock in on that shit, because
this is going to be a really crazy three to six months i think coming up i could be crazy i don't know maybe we just
go sideways for the next six months will buy cardano i'm just kidding it seems like people
are like getting also burnt out of their bags as well which is kind of wild but well they're
what they're doing i just want
to state this with our indicators that we're nearing top but i don't know no no what i want
to indicate is like people need to stop over trading holy shit man it's like i i i know some
people's wallets i watch you literally buy something you have the conviction then you sell
it at a loss then you jump into something else trying to chase, then you sell it at a loss. Then you jump into something
else, try to chase volume. Then you sell it at a loss. Then you jump into something else,
try to chase volume. Then you sell it at a loss. Then you come back to the original coin that you
sold out of and buy higher. It makes no logical sense. Buy something, hold it for the swing,
make profit. If you don't have conviction, it's going to go up,
then don't buy it. It's really not a hard process. Don't borrow other people's conviction.
Too many people doing that shit. Is this golden exposed or golden suspended? Oh, this is the real
golden. This is a real golden bro. I I'm up here that golden exposed motherfucker was he got it going on for fucking
He got it going on for fucking hero, dude. It's fucking insane. Let me get this gold cut motherfucker up here
You know bring this nigga. I want to hear what he has to say. No, no, it's not the it's it's the original golden
It's not the oh, yeah
Yo, I need to commit some fraud or some sort of scam so I can get on with these fucking lists so I can get my engagement
Yeah, I'm really butthurt about not being on golden's fucking list
Bro, he's the list maker. Look at all the inspiration. he's created here what's up golden you're checking it twice hey just came on driving home you guys are talking about my favorite
subject content creators and uh creator capital markets bullshit i'm so sorry i'm so sorry i'm
fucking laughing my ass off i i cannot wait for this take i'm so sorry. I'm so sorry. I'm fucking laughing my ass off. I
cannot wait for this take. I'm so sorry, Golden.
That's my bad. My bad, my bad.
Newbie move. Newbie move. Go ahead. You should be good
now. Please go ahead.
Way to go, Profit.
You ruined it. We were about to get a good tweet.
Golden, just leave.
Don't even talk. He never comes. I'm sorry, brother.
I'm sorry. Hey. I'm sorry. Can you hear me? Yeah, yeah. Go ahead. I'm sorry hey i'm sorry can you hear me yeah yeah go
ahead i'm sorry go ahead you were talking to nobody because she muted you she's sorry oh okay
yeah i was just gonna say if you're buying the same people the same people subhuman rifters
who were pushing the ai meme coins a few months ago are back pushing capital creator markets, and you guys are all falling for it again with these cornball kale managers in the audience sucking each other off for the last bits of scraps under the table.
If you're buying these coins for people, I can't, with all those undisclosed payments backed by Meteora and the Solana Foundation,
and you actually think these people are talented? Absolutely not. Absolutely not. They're not
talented or original. They're just a bunch of goofballs. Being backed by VCs in the background,
raising lots of ethical questions, not to mention just like insulting your intelligence by listening to them expand upon meaningless
garbagio uh and being just don't go listen to their spaces they all have like this giant circle
uh jerk where they talk about they they coin these terms like the same way that you know kols
you know known opinion leaders these guys don't have any opinions that are actually educated. KOLs in any other
industry is a known subject matter expertise. These guys are only experts of being retards,
okay? They're not KOLs. They're glorified influencers, usually degrade wannabe influencers,
more akin to being prostitutes than anything else, boring for $250 payments on Zach XPT's list.
LARPing as though they have these BMWs and Gucci bags
in their fake-ass GM posts
and 250 bot replies with your tits out.
I'm not buying any of that garbage,
and I really hope you guys aren't either.
Anytime you use their terminology like KOLs
or creator capital markets, call them what
they are.
They're streamers.
They're broke streamers for the most part.
Instead of CCM, call them broke streamers trying to get money from you, kind of trying
to suck you dry.
Sounds a lot uglier, doesn't it, than content creators?
KOLs, why don't you call them prostitutes or wannabe influencers?
Sounds a lot uglier than KOLs, isn't it?
Which one's more appropriate or actually authentic?
I just want to say I coined collectible capital markets, me and the founder.
That's fine.
That's okay.
Me and the founder of Beezy did, just saying.
You are a collector of heart, and so you speak with authenticity when you speak on that subject.
So I have no problem with you. what about spaces capital markets all this you understand right like all these words have obvious you know power and import
it's like why do you think the people pushing the narratives are all using the same terminologies
because they want you to use it.
And as soon as you start using their terminology, they start to win.
That's why I don't use words like creator capital markets,
except for what I'm clowning on it or to make a point,
or KOLs, I'll call them prostitutes.
See, this is exactly, I really agree with this point Golden has because anyone, yeah, no problem, bro.
Because anyone that has a realistic understanding of anything outside of this lame ass Web3 shit, they can, it's like how a shark smells blood, bro.
Like when you see these motherfuckers trying to push these narratives and pretend to be at these levels of influence, you know what I'm saying? It starts to really become evident how,
like what you said, bro, they're giving you these terms because a reality is a shared thought
amongst multiple people. Currently, they're not popular in an actual reality, but they're slowly
starting to create this reality where they are popular
and are successful by creating this vernacular, these terminologies.
Yeah, they're speed running.
They're trying to speed running into influencers.
That was crazy, actually.
Can I jump in here real quick, being that I made and coined the term creator capital
market?
Yeah, dude, go ahead.
Please.
Yeah, go ahead.
What? the term creator capital market yeah dude go ahead please yeah go ahead what first off it you
i think educating yourself about where it's coming from would make sense before you come up here and
just kind of just shoot it down and say that someone like myself or jake it's pov you said
outside this web3 shit first off the person i'm doing this with, Jake, he's been in content for 10 years. He, you, you're a self-proclaimed,
you're a self-proclaimed KOL, right? No, I'm, I'm on the other side of the business.
You've never called, hold on. You've never called yourself a KOL before?
Never. And everyone here knows that.
You sure about that?
100%.
You want, you want to play this game?
I'll play, I'll play this game. I'll play this game.
All right. We'll find out.
I want to hear the take. I want to hear the take.
I want to hear the take.
Go ahead.
Yeah, let's go back to the take.
Sorry about that.
Go ahead.
My partner Jake, he's worked in Internet for 10 years.
He's been featured on Ridiculousness.
Yeah.
His bits have been featured in Jackass.
He has this tramp stamp from Steve-O.
He's an original Nelk boy.
He DMs with Danny Duncan, Faze Banks, you name it,
because he's an Internet kid.
He's been going viral since 2016.
Myself, I got into Hollywood in 2018, created one of the biggest, biggest content brands
on the internet between the eight POVs laughing.
Bro, Steve, bro, I don't have a lack of respect for you or Jakey.
I know, but we invented creator capital markets, bro. you just mentioned the two people that I probably would respect.
Okay.
You didn't mention any of the people that we're actually talking about,
which are these losers.
No, no, but I understand that.
Like there's always,
okay, that's what I'm saying.
So you, you pointing out me last.
All right.
Well, I'm, I'm here for the, I'm here for the education.
I'm here for the education.
Educate me.
Educate me.
I'm educating you that I don't think that anyone who knows –
like you should not make assumptions about any certain meta initiative.
What was my assumption?
What was my assumption versus commentary?
Tell me.
Educate me.
Golden.
Golden. Everyone here heard what you said about retards yeah they did yeah just do both yeah streamers yeah here here let's play a game let's play a
game what did i assume and train then educate these are a bunch of broke live streamers
what do you mean they are people that work under our roof
are literally 50%
we're not talking about your roof bro you're taking it personal
this is a whole space of people bro
here's the thing
I'm going to take it personally because we're 50%
of the initiative
that's why you kind of take the slot you take
what the fuck is going on
yeah I don't
listen man I don't know if you know
who i i don't i don't know if you know who you're talking to but we can drag this out so continue
educating please let him land the plane golden please let him land land the plane yeah land land
the plane before i hijack it go ahead listen i think i think it's i think it's foolish to make
any assumption on something that you are completely aware of
and to label an entire group of people as something, which you did.
You didn't say, oh, I think some of these guys.
No, you generalized and called all.
Okay.
All right.
I'll correct it.
I'll correct it.
Most of them are broken prostitutes.
Now continue to educate me.
Continue to educate me.
I don't know who's broke.
Gainsey had bread before he was live streaming.
Rasmir had bread before he was live streaming.
Bro, mentioning Gainsey.
So you're using
unicorns to
look, dude.
I don't know who you're talking about
that's a broke prostitute.
He's talking about you. He's talking about you don't know who you're talking about that's a brokey prostitute. There's literally millions of people.
He's talking about you, man.
He's talking about you.
What the fuck are you talking about?
Anyway, anyway, look, man, again, I don't know if you want to play this game with me
because it's not going to end well for you.
But if you want to continue, if you want to continue.
This is a subjective-based argument.
This is a subjective-based argument.
I don't know what.
I don't know what. I don't know what game you're trying to play.
Well, Alec, I think that you should go back to trying to be a KOL manager for a bunch of up-and-coming streamers.
Maybe you should do that instead of butting in.
The difference between the creators I'm trying to work with and the creators you're quote-unquote dubbing prostitutes.
They're not creators.
They're streamers.
Stop calling them.
What are they creating?
I'm creating content by talking.
We're all creators.
I'm creating content by talking on this face.
Last time I checked, streamers run the internet.
I don't know where, what.
No, they don't.
Bro, you're losing altitude quick. that's a self-fulfilling
narrative that you want to happen bro here's where you just you call it's like it's like
when people entire room it's like lost the entire room streaming running the internet streaming
this is the great wait says the guy hung out with hayden davis why should anyone listen to you
anyway you got more skeletons in your closet than anyone if you throw that my way well cool what what hang out with enough people
that do shit hold on hold on your lapdog Alec sorry Alec your lapdog's talking what what did
you know a lot about me for someone who wants to talk shit and doesn't even know at all I think
someone that talks down to people is ignorant and small-minded.
Yeah, and I think
that someone who scams people
like yourself is pretty bad, too.
See, look, here's the thing. I'm not gonna lie.
Both Steve and
Golden have good points.
Everybody in this bitch is... Hold on, bro, Steve, bro.
Everyone in here is taking things personally
because
the people that you're mentioning, Steve, are quite literally anomalies.
And personally, I would agree with you on the point of Jakey and Razner.
But I know and I think we all know who Golden is talking about.
Yeah, Razner's cool.
We all know.
Let's go back to the lapdog.
Alec, what do you got to say?
The lapdog, where is he?
You think you're a big man calling Alec a lapdog?
You think talking down to people makes you a big man?
How about, like, I take this shit
personally because we show up
every single day and put every
single waking hour, not only to this meta,
but the people in this house.
It's a hard life, isn't it? Making videos.
It's really hard for you.
Getting the attention, which is 90% of the currency
nowadays is fucking hard work.
Most of these streamers that you don't call content creators work. I respect the hard work, bro.
But at the same time, I think that the fact that it was taken personally off the rip is the reason why the trajectory of this discussion has gone so south.
Because if it wasn't taken so personally, the light point that Golden was trying to make could have just been accepted because it is undeniably true.
And no one would have been called out for anything that is
What point did he make that was undeniably true that these motherfuckers are moving like prostitutes because they fucking are like, what do you mean?
But I think it's important to distinguish who right like you have
Right.
Like you have different levels.
Can we explain what is moving like a prostitute?
I ask you another question.
You'll be.
Let's, let's, let's, all right, let's reset the room.
All right.
Try to let it go as much as I can.
First of all, streamers, some streamers make more than rappers.
I don't know if that means anything.
Maybe it means nothing.
And then also.
A lot more than rappers.
Prostitution.
Only fans.
Is subjective.
So, yeah, I'm just, I don't want to to assume I want to know exactly what everybody's meaning here.
Like P.O.V. I forgot what I was going to say real quick, but you said something because I asked what what what about his his point was valid.
And can you repeat your answer one more time? Yes.
Yes, I'll even leave out the idea of people functioning as prostitutes to the side.
I'll even leave out the idea of people functioning as prostitutes to the side.
We can strictly go off the fact that motherfuckers are trying to force a reality that isn't quite a reality.
Now, streamers making more than rappers is absolutely true.
We all know the power of streamers and that they run shit right now.
But at the same time, there are two different sides of what we consider streamers, being that we're at Web3.
different sides of what we consider streamers being that we're at web three and we all every
person in this room knows exactly what we're talking about when we say there are people
trying to fake it till they make it there are more people in this space trying to fake it till
they make it than there are people that are actually putting on the people that you took
offense about are the people that are actually putting on brother and that's from my my personal
opinion so we got no issue on that but it's kind of wild to deny
any of the points golden made about this whole fake it till you make it the influence of the
people faking it till they make it and the fact that web through is filled with people that don't
have a clear enough head on their shoulders to know the difference between those two types of
people but but there's speed running there's a lot of people who do that and some
people actually end up successful from doing it other people end up falling on their face doing
it i will say that i think that i think to a degree you know to a degree like everybody has
some ballot points i i i personally think the creator capital market idea is not a bad one
i i think that there will be some good creators coming out of that.
There'll also be some shit ones, right?
Some that'll rug and some that'll fuck people over.
It's going to happen.
That's a generous definition of creators.
Can we agree?
Creators are people that can take something and create entertainment, right?
You're not creating a physical object.
So you're a creator because you're holding this space and you're entertaining people so you're a creator in a sense you could
look at it like that so we're all creators yeah right we're all creators substantial yeah do you
realize that's what separates us from every single living being on this earth is that you mean
you're right well i i view you as sub, so maybe you don't fall in that category.
You're literally on a platform.
Hold on. Hold on. There's something that should be differentiated, though, with this whole talk and the vernaculars being used.
Streaming isn't a form of content creation. It's just the medium in which you broadcast the content that you're possibly making.
So let's draw the line in the sand there, then maybe maybe the argument could get a little bit better streamers streamers stream so that they can generate content that's the whole point in the age
hold on in the age of ipad children which by the way more ipad children are birthed every single
day they don't watch barney the dinosaur or cbs or pbs or any of this fucking shit they watch
their favorite creator
and those creator clips are content and they come from a stream so if you genuinely want to call
streamers just streamers you're you're incorrect and you're just aging yourself let's all right
i'm a self-proclaimed i'm a i'm a constant crazy guys so wait hold on
for a healthy conversation right so let's say if you turn on your camera, right,
and you're just sitting at a desk,
you're personifying that as creating?
No, no, it's not.
But look, let's...
If you're syndicating the content for the sake of entertainment,
that is creation.
I think we all know what the conversation about.
It's a pretty low bar for creation.
Thank you, bro.
Is that art also?
All right.
Sorry.
I'd never hit the mute button.
I never hit the mute button.
I want to let G talk.
She's been trying to talk for a while.
She hasn't gotten a chance to speak at all.
So if we could just let her say her piece and then we can continue the conversation.
We should be able to just walk through go through with without hands um but uh let's let's let's
not have so much bass in our voice let's have a little bit more love in our voice uh g and then
we'll go to vo and then we everybody can just chime in go ahead i think thank you will uh i think that
the distinction between the two does need to be made because there's a lot of people who don't understand the streaming game.
Like y'all think people do.
Maybe you guys do.
But I can tell you I certainly don't.
So I learned a lot just by hearing you guys go back and forth.
With that being said, I think the distinction that Steve is trying to make is important and i think like the point that started
we started with was hey all streamers are fucking prostitutes and all content or kols are prostitutes
i don't know that's really all of what i heard i'm just gonna tell you i'm gonna keep a buck there
and so i think they're not kols you're you're playing and you're playing into their think they're not KOLs. You're playing into their game. They're not KOLs.
They're want to be influencers.
They're tomato-tomato to me.
But like...
Not really.
Not really.
Words have power and meaning.
And if you call them that, then that's what they've become.
You're empowering them and you're propagating a message that...
That's why they have those circle jerks and they call each other the same lingo and terminology.
It's a game.
Don't fall...
It's a trap.
Don't fall into it.
My personal opinion on a lot of these just...
Hold on, hold on.
Hold on.
Let me get to Vo and then chime in, POV.
Go ahead, Vo.
What's up?
Hey, guys.
One, I don't know why we're taking the golden bait.
Two, as someone that I would call myself a KOL, an influencer, whatever,
I was a streamer with 40K followers on Twitch.
That was my whole career at one point,
is that YouTube streaming, Twitch streaming, Facebook streaming, everything.
Nothing, there is no textbook definition,
no textbook metric, no textbook person
that can be or cannot be a creator, a streamer, an influencer at KOL.
These are all made-up words, just like every word in the english language is made up completely if you want to
call yourself that go for it if you want to call someone else that go for it um i'm of the mind
that it's not hurting me it's not hurting someone else i don't fucking care what you do um and i
think a lot of this is just honestly rage bait and yeah alec and steve and whoever
else like just don't fall for it it doesn't matter these people don't matter um and the people that
are like people that are saying shit that have no experience in the field that they are talking about
oh so me okay you're right okay all right anyway you're right well so hey hold on a second hold
on let's pause for a second one it's not rage bait i actually believe what i said and two
vo hangs out with a lot of the same info who do i hang out with don't take the bait all the people
all the people you host spaces with come on or at least come on you're smarter than that or at least come on you're smarter than that or are
you i mean let's play it again you've already followed me three times why are you still looking
at spaces that i'm hosting and joining that's a little weird i don't it populates on the for you
but look here here's the thing she says she's a kol why because you have a hundred thousand
followers you talk about the same thing. You talk about InfoFi.
When is the last time I posted about InfoFi?
Dude, you were one of the major voices on InfoFi.
Yap to yap?
No, I was actually one of the major voices against InfoFi.
It doesn't sound like it.
You were towards the top of the leaderboard.
It's called gaming the system.
It's pretty easy to do if you're smart.
There you go.
If I'm smart, you're right.
But look, again, the people who want to use these words and these terminologies to push their agendas like KOLs and creator capital markets, like Vo, like Steve, like the other people who are going up against me right now or in the other spaces
when I'm not there, they all use the same terminology because they're in the same circles
because they want you to believe and fall into that trap.
Period.
What trap though?
Who fucking cares?
Why can't you just ignore it?
Like this must hurt you so badly mentally or physically to be so upset.
No, it doesn't.
Why are you so upset about it?
Like it does not bother you
block them it does not matter to you see that's a see because i came on this space and i just
wanted to i haven't talked to profits in a while that's it that's it vo okay these people you
other people you guys think you're relevant in this space. I'm not relevant. And you most certainly are not relevant.
Almost nobody on CT actually influences the crypto market, by the way.
This is all just entertainment, fun, making friends, investing, right, on the side for me.
Okay.
And I got hope.
I hope that's a situation for most people here.
Look, man, if you think that i care about your crater capital markets
well you you care enough to be going on a tangent on a space defending how bad it is that's that's
how much you care defending defending how bad it is if i was defending something then i would take
the inverse position i thought you were smart bro bro. Clearly you do not know what a double negative is. Guys, can I just... Unfortunately, he doesn't know what a double negative is.
Hold on, hold on.
I can't hear the guy used to have work for Faze Banks in his Twitter bio.
Gotta speak up, dude.
I can't hear you, Alec.
Guys, can I just say something real quick?
This whole talk started from people just giving their simple opinions on the topic.
No one came up here to try to actually slay down anything or even hype up
anything it's just the discussion so everyone getting in their fucking feelings about the
topic is kind of pussy to me because in reality bro all this shit lame as fuck you know what i'm
saying like you can look at these people they probably would be cooler people if they weren't
trying to be influencers.
You know what I'm saying?
We're just like you said, Vo.
We're gaining. Sorry, happy Z day.
Sorry, Vo.
Happy Z day, Vo.
I'll come with receipts next time.
Sorry about that.
Give me a couple of minutes and I'll post some things if you like.
I think I heard what you just said.
I want to play this game with me.
You said that no one was trying to shoot it down.
I beg to differ. Yeah, no one was trying to shoot it down. I beg to differ.
Yeah, no one was trying to hype it up.
Golden was clearly shooting it down.
See, that was an opinion, brother.
I won't say that.
There's an opinion.
There's opinions.
And then there's going at something.
My thing about it is people going to give his opinion,
brother, and they came up here and started
taking it as if someone said a yo mama joke.
Like, we can't be moving
like that. That's weird.
I think, Bob, it's just the tonality, right?
You can disagree with something without
calling people dumb and idiots and whatever.
Well, the thing is, you didn't start off
like that, bro.
I was going to say, real quick, for more context, because I don't think, I forget, you know, Space of crashing them off like that hold on i was gonna say real quick for more context because i don't think i forget you know spacey stream who you
might have chimed in at the last second i was making a joke about motion i was like yo who has
motion and then we were like yo you know coins which ones to buy and then me and will were
actually discussing a strategy for the newer coins like the other night and i'm not saying
to do this or not to do this
and then everybody's timed in on their opinion and then you know golden mentioned hey this is
not a good idea to like play these markets rightfully so everybody's right to say their
opinion but just to say like i've been i'm not like i'm over like being super against something
or for something i since 24 hours ago i was like holy shit uh maybe it's cool that people
are launching coins because they get fees but i'm not saying it's bullish or bearish i'm just saying
like yo this is happening like yeah whatever i just want to add two profits real quick like the
the the point of our conversation around creator capital markets is and i've talked to profits
about this i've created a strategy that works pretty damn well i mean i've pulled off almost 40k from creator capital markets um i i think there's easily money to be made there if you're
able to really kind of pay attention and create a strategy but you can do that with anything like
anything you can do that with creator capital markets you can do it with mean coins you can do
it fundamental coins you can do it with anything but you need it you need a strategy that's that's
the thing and that that's that's kind of where
i'm at with it i'm not i'm not negative or positive on anything i i'm bullish on one thing
and i and i've talked about profits about this you know behind closed doors and i'll just say
it out loud i do think like every you know we can call them creators we can call them streamers we
can call them people that are just getting on the internet showing themselves on the on the on the
on the screen we can call them whatever we want to call them but everybody at some point has their
moment and that moment could be a moment you can capitalize on yeah that's that's the way i look
like bro nobody uh there's there's barely any yelling on ecwef3 exposed unless i'm yelling
at the beginning because no one's muting me um so i'm actually shocked that the energy i got from
just golden's energy the thing is everyone knows how golden is but i he had a little more base in
his voice tonight then hey take a look at the pin tweet there we go yeah though you haven't talked
about info 5 for a couple days right august 18th there's like seriously something really strange
going on if you are trying to go through tweets to see the time i mentioned it in third live i'm not gonna lie no i just like to check i just like to check yeah i
just like to check people when they're full of shit yeah like honestly a lot of what you say
like i actually like your tweets i like your content i thought you were chill but like
the way you approach stuff the way you treat people is just like so fucking unnecessary like
so unnecessary you're right i should go harder see people be in the
space thinking that they could say shit on twitter and they act like they never said that shit like
i don't have anything against nobody but bro if you said something on this app bro if someone can
bring it up down the line that's just what it is bro like imagine you go to a job and they bring
up a racist tweet you made and then they say hey we're not gonna hire you what you're gonna do
calling weird for going on your twitter like this is just life bro like what the fuck are we in here talking
about right now you're you're 100 on point i mean every that that's that's what profits has to bring
is a neutral stage allowing people to kind of voice their opinions but i i think like in in the
same aspect i i will ask this right and And I know it's kind of tough.
You know, I can be an asshole sometimes myself.
Let's try.
I know it's hard.
Let's try and have a respectful conversation.
Yeah, can you let some of these people,
oh, I'm about to break this fucking ass.
Try to break, and then I'm like,
yo, what the fuck, Profits?
Give me up, Profits.
You guys never even come.
I'm sorry.
Hi, Profits.
Hey, what up, Perez? you have something to chime in on?
Please go ahead.
I'm just waiting.
I'm just waiting until I'm called on.
Don't tell everybody I'm a KOL.
That's all.
Got you.
My bad, doc.
What's good, bro?
You still move like a prophet, too.
I'm good.
How are you?
I'm good.
Go ahead, doc.
Go ahead.
I know you had your hand up.
Go ahead.
Well, I caught the telling in the conversation.
It was on a KOL, so I'll just speak on that.
I think in this space, we don't, it's just like being a parent.
You don't get a rule book when you have a child, right?
You kind of go with the morals and values you have before having a child and then learn along the way.
But there's some things you don't do.
So, like, in this space, like, we don't got a book about what's, like, so great.
But what's like, it's like so great.
And then it's some things that are black and white.
And then there's some things that are black and white.
Um, personally, I think accountability is something that like people just like sometimes
fail to like acknowledge in regards to you control your private key and you hit that
button.
Whether that comes from a KOL, a tier four, tier seven, or whatever that list was, whatever,
whatever, whatever tier you is is i'm probably tier negative
three who fucking knows right i ain't getting no money i'm tier zero yeah yeah i gave so much and
i gave some losses right but you ultimately hold the power of your decision in your hands and i
think what brought me into crypto for me personally was like some of the idea ideologies such as like
freedom to transact um permissionless systems like
those things matter to me in an intrinsic level so it's like yo bro it's scammer this scammer that
whatever you don't like the nigga don't buy from him you don't like her don't buy from her and i
think sometimes a lot of people get into virtual signal signaling and white knight into the point
where it's like we lose sight of spreading
information that can just help people. You know what I mean? Like if you tell somebody about
how to move or try to help them, they're better equipped to make decisions. But also,
I learned poker by losing my commissary every week. And I got tired of losing my commissary.
So I had to get hit upside my head, to learn how to play poker and in this web 3
no matter what advice you get youtube video you watch telegram channel you win scanner you use
experience is gonna teach you more than any person on this app you know what i mean i don't know how
long that takes but is somebody a ko error or not who i don't know you know what i mean like
typically that goes by followers or motion. You know what I mean?
I think in the space, as you navigate it, you'll figure out
who's your KOL if you decide
to take one on and who won't be.
That's just
my opinion on where I came in.
Dude, they're not KOLs.
You're empowering and glorifying
these people. Did you not just hear my announcement?
I heard you, dude.
I like you.
You know that.
But see, look, and you're saying in a self-duplicating way.
Come on, guys.
Words do matter.
And I think a lot of people just, they subconsciously, they don't even recognize what they're doing
subconsciously they don't even recognize what they're doing because we just use this this
because we just use this verbiage.
verbius but like it actually does make a difference in it and and giving people different like a
certain status so what what would you call golden what would you call somebody who who has an amassed
and following for whatever reason that may be nefarious or virtuous what would you call them
the people who have yeah so sure no i mean but thing is like, how would you define like a large following?
Cause anyone could bought their account to a hundred thousand or 50,000. In fact,
I was talking to my good friend, Scotty, it only costs $250 to botch your account with 10,000 more
followers. So like anybody could conceivably, you know, barring like being suspended or reported,
you could, you could boost your account to a hundred K, 200 K, you know, for less than $2,000. So does that mean I have amassed a
large, you know, following in how you phrased it, or is it more just like that you have the so-called
right people following you with actual money and, and, and real influence is that, and that becomes
more subjective, which I think is probably more in line with what you're saying.
I honestly don't think there are many
people doing that. I'll just be real. I think
that's too much money to spend just
to buy your account.
Who do you think would do that?
So many people.
Don't start learning.
$2,000 a week?
I didn't buy my account, but if you
want to buy my account with somebody, feel free
to do so. I don't mind, but I didn't buy my account but if you want to buy my account somebody feel free to do so i don't mind but i never bought it my car honestly bro came real quick real quick let's
get through these hands and i cannot believe it's 9 30 bro what i gotta eat dinner um let's go okay
maybe i'm just dumb my bad no no i just i didn't think we're not doing this again we're not doing
this again we need more motion okay we need more motion's in all ways. And then we get on pump fund, okay?
We just got to do one step at a time.
Benjamin, Steve, let's rock it out.
Hi, Jim, everyone.
I just feel like we're all one big family on here.
Benjamin, did you come to farm me?
Don't lie to me.
Did you come to farm me right now?
No, I'm not farming.
I'm trying to contribute.
Calm down. For more profit, I'm going. You're telling me to calm down. I feel right now this is not the time i'm trying to boost calm down
i feel like at the end you know not to tell a woman to calm down you don't do that
all right i'm sorry it's all right it's all right you're gonna learn steve what's up brother go ahead
talk to me he said i'm sorry i'm glad we brought i'm glad we brought up the botting account thing because I think one of the points that,
one of the things about creator capital markets that were part of the initiative
that we're trying to drive
is that I reference this a lot,
Alon's interview with Thread,
and the fact that when it comes to social
and not only going viral, but proving the
relevancy of a creator, a market cap in a market is actually a better indicator than
followers.
Because when this thing does hit, you know, scale, you know, yeah, you can have, you can
bot your followers, but a clear indicator of motion and who actually is relevant will be a market cap. That's where we're really trying to push this
thing is that, yeah, two people can have $200,000 on X and one can be bought and one can be not,
but if they both have a market cap that, and there's volume that that is a that is going to be a clear kpi to who's relevant
and who's not uh the same way it happens with memes like you know what memes are relevant based
on their market cap not their fault because rasmer has more followers than right now every single
glass full foundation token that pump has put money behind but their market caps are 10x his
and me and profit had this conversation the other day and that's order to go for the smaller mark
the smaller market got smaller smaller followers yeah so that that's just a tidbit of like
you know that's just on our board for like, what makes this meta so special is that, you know, followers can always go up, but they rarely go down. Market cap can go up and come,
come and can come down. It's a, it's a, it's a clear indicator of what is actually matters
in any given moment in time, right then and there. And that's actually better for brands,
then and there and that's actually better for brands creators and who you work with or collab
with because it's just a clear indicator of relevancy better than anything the the other
thing is too and i just want to point this out like you know whether or not this ends well and
the plane comes you know crashing out of the sky with both units down or actually lands on the on
the landing strip who knows right with old creator capital market discussion. But the point being is,
we know what Razmere has to offer. We know what Gainsey has to offer. Some of these smaller
creators, I do think that there's some opportunity there for at least upside. Right. And I'm thinking
about this. I want to be 100% straight up with everybody. I'm thinking about this from a trader's
perspective, not at all from the perspective of like,
hey, this is gonna be the next Kai Sinet or whatever, right?
Like, it's not from that perspective.
It's like these smaller, whatever you wanna call them,
right now we're calling them creators.
If you don't wanna call them that, that's okay.
You can call them whatever you want.
But right now we're just gonna use the word creators
because it makes it easier. So these smaller creators have high rr risk to reward potential granted they
don't rug the shit right granted they don't rub the shit so if they if they don't rug it these
guys you don't know what they have to offer at some point they could have a moment that could
really pop off real hard on their chart and i think like in that scenario and that's something i taught the province about behind
closed doors and i said those are the moments where you can really capitalize on these on these
coins and you're looking to kind of play these as a really high risk high reward play with these
smaller creators but you have better risk to reward on these creators that are unknown versus the people
that have been in the space for a long time.
Like me personally, I have never bid Gainsey.
I've never bid Razmere.
Even though I know their full ranges, I know how high their coin gets and how low it gets.
And I could easily range trade their coins.
But I'd rather take a risk on some of these smaller creators because I think that they
have good potential.
And because I think they have good potential, I think it's a good risk to reward ratio so i'm playing on them based on
that risk to reward ratio real quick i feel like people confuse a quote-unquote strategy also with
like being like uh super bullish on something or whatever it is like a lot of times in this in
anything you should actually have a strategies for why you're like
a nft collection like yeah sure for the art whatever but what do we all used to say when
we were buying nfts in 2021 oh buy three sell one flip one hold one whatever the fuck like
there should be some sort of something again if you're not into something like i'm not
i am not a meme trader i i have i could count count my wins. They were the best ones ever. And I stayed
out like, because somebody was super bullish and I bought into their conviction, you know, like,
but I'm not like sitting here and like bashing memes all day because I'm not a successful meme
trader. Right. So just want to throw that out there. If that's not obvious, I'm not like,
oh my God, the creator coins, let's go go but i'm also not like uh this is not
gonna get any intention for the next few weeks aka volume like or months or however long it lasts
anyway jonah go ahead
game five son or creator capital markets daughter
game five bro oh no that was going that was a good one i know you have good takes on this too
i heard you on a couple other spaces the last few nights i think that the that the asset class is
real but it won't actually have real traction until like i don't know two three years from now
that's what i think i think i think there'll be like a very fast push now and maybe there'll
be a few trades to make but it'll it'll collapse on itself everyone's gonna say that it was
bullshit and see that you know we were right all along oh it's crap and then it's gonna simmer down
for about a year and then you know the people who stuck with it who built tools around it who have time to reinvest into
it will eventually crack the code on the actual like way to make this work and then it'll have
its resurgence same shit that happens with gaming or any other stuff that people don't you know
understand that's really what it is though john it's like you're just waiting for the right creator
to find the right mix, right?
The right method.
I don't think it's a creator thing for me.
I think it's more like just because you have a platform to launch a creator token,
there's still a lot of other rails that need to be on top of that in order for it to be investable.
When I say investable, like us buying tokens, I don't classify that as an investable. I just classify
that as like playing a game. Investable is when, you know, someone on Wall Street can justify
creating, you know, an ETF, create a vehicle, create an index of some kind where people with,
you know, larger funds can actually make a bet on the sector and until that happens it's not a justifiable
asset class it's just a game that we're playing until it becomes one i mean meme coins same thing
for chains and all that other bullshit yeah i was talking more around like ponzinomics and
son of silver because i think like not enough people think about the potential ponzinomics there
which which could be good. Because if you can
drive volume and then you could return the liquidity, if these creators start adding to
their own liquidity pools, start buying their own token based on their own revenue share,
a certain percentage of it, there's a lot of ways they can really trick this up.
And one of them could really hit because they find the right mix. That's what I mean by mix.
And that's what I'm looking for.
I'm looking for that catapult this cycle.
I'm in enough of these creator coins to where I should at least hit one or two.
And I'm just looking for that catapult move.
And then exactly like you said, likely it would be some kind of die out.
And then it'll be a resurgence next cycle.
Real quick, thank you guys for being here. We normally don't run this late, but look at it.
Look at that. Creator Capital Markets just making us stay up late. Make sure you guys get into the
Exposed Nation community. It's right there at the top. Such an easy button. Then you get notified
every time these are live. Also have some really cool things going on. Definitely on the hunt for A1 Clippers.
So jump in there, get to the first post,
and follow those directions if you are a clipper.
But let's get back to Steve, and then let's keep it going.
Go ahead, bro.
Well, I just wanted to address what Jonah said.
Well, I agree with a lot of what you're saying,
because fundamentally, obviously you're saying
everything you're saying is is arguably correct i think the variable of create of creators
physical human beings behind a camera is the one thing i don't think you're accounting for
um because unlike memes or game fire any asset class, those can typically die because the music dies.
Like, you know, like it just doesn't have legs.
But the inverse is also true that most investments people make in a company is usually because of the founder that creates the company.
Right. So if the founder, like if Mark Zuckerberg steps down today, you're're gonna see a pretty big fucking drop in meta
shares would you agree no 100 so it's not that different yeah but i i think that like relatively
like the the game that we're measuring is creators and content and for the most part
for the creators that do make it for the creators and there always is some there always is some and
i think the industry in this specific creator capital markets i think there will be people
that make it i i only think there'll be more people flooding to the platform because it makes
sense yes i didn't say there wouldn't be more people making it i think so just to be clear
i want to be like so my point position is you can be successful in a in a vertical and have the industry itself have a collapse.
Like for example, GameFi collapsed,
but I still made great money, right?
That doesn't mean that GameFi was a viable asset class
at that point.
In the same way that you could probably net,
I don't know, I don't know what your metrics are,
but let's say 20, 30, 40,000 a month,
because I know creators that do that now right just because a bunch of tokens collapse doesn't mean that your
token will collapse or that you'll collapse as a creator but if i'm an institution or i'm a big firm
that wants to trade the asset class there needs to be a there needs to be a repeatable formula
like you it can't be an investable asset class where we can send these tokens much higher than,
let's say, 50, 60 million.
How many billion dollar tokens are there?
There's not going to be a lot.
But you're looking for how many 10, 20, 30 million tokens can exist.
And right now, not that many, because we haven't had a repeatable formula where a banker
or someone who's at a hedge fund says, okay, like there's a formula here, we know how to play it.
And the industry has been alive long enough that we feel there won't be
this insane collapse where people just disappear and we lose our money.
lose our money. I can't disagree, but I don't think that creators fall under the same umbrella.
I think that because in the industry of creators, that kind of predictable, like what you just
outlined of being able to build and scale that exists heavily,
heavily CCM is just the core of CCM is the fact that a market can actually propel something and make it more viral,
quicker,
faster and stronger than an algorithm can.
And everything you just outlined exists in web two with creators.
I just think that like looking at a proof of that though like
like razzler like define it like algorithm or what tiktok because like the x algorithm
is is not that complicated compared to we're not talking about the x algorithm like that's
that's what's so hard about ccm is that the idea of the market driving a narrative quicker than an algorithm can is
essentially, I'm trying to find a good way to, to, to, to drop this, but
some like demand will drive something viral quicker than it can go via the algorithm i guess what are we talking about
specifically are we talking about an industry collapse are we talking about a financial collapse
because i would think more along the lines of financial collapse because volume eventually
does drive out so i'm talking financial because so and like again what you're saying has not been proven to be true, let's say, for TikTok.
Because, like, for TikTok, quality is not a factor pretty much at all, right?
Like, it doesn't even register within their algorithm.
If anything, if you want to break the algorithm, you need quantity where people are posting about a specific thing with very specific instructions around the same time within a time frame in order to trick the algorithm into thinking that there's some big news event that it needs to, you know, surface.
So people are going to be addicted to the app.
There's nothing where market cap is a part of that algorithm.
That's why I'm a little confused by what you mean.
That's the thing.
Like, we've worked with Pump on this for a little confused by what you mean is that that that's the thing like we've worked with pump
on this for a little bit now what i'm the concept that i'm trying to push is nothing to do with an
algorithm but the market the market is the new algorithm it could the the idea that people buying
in on something it's it's like the same of like, it's the roaring kitty model.
And that someone behind a camera
can drive something higher
and get more people invest in it
that never would have thought
they'd been investing in it
because of a single human being
rather than the financial asset itself.
And it can drive an idea
further, higher, stronger.
Like an example that we have on the
board that we use a lot is like you have bonk that sits at a two to three billion dollar market cap
and has is approaching one million holders on chain the idea of a human being reaching those
heights two three billion on chain the holder counts can be way higher the fundamentals are
gonna be way different you're exactly. It hasn't been proven yet.
And we haven't figured it out completely yet.
Like there's no right or wrong answer
because we're just speculating.
But essentially what we're betting on
is that exact same framework
that if an individual behind a camera financialized
with people believing and buying in on them, the floor, the ceiling, everything gets higher.
Here's my only counter because I get what you're saying.
Here's my only counter.
Your concept is based on – again, this is all speculative because we don't really know yet.
But the market cap is the algorithm.
I would say that that would be wrong because an algorithm is built for search.
It's not built for, like, it's not a conversion necessarily indicator.
Like, if you said to me market cap is the measurement of how many active viewers you have that are likely to convert,
is the measurement of how many active viewers you have that are likely to
convert.
Then I would agree with you because if you're buying into someone's token,
it means you have a higher than likely chance to use a product that they're
endorsing. Therefore that their inherent value is much higher.
And that, that, by the way,
that's worth more for the creator than the algorithm. But you know,
the only way that I,
that I could agree with that statement is if an algorithm is created and
based on the amount of
volume per day that goes in and out of the token indicates a high search result. That would be the
only way where I could say, okay, market cap does equal algorithm because otherwise it's not what
an algorithm really is. Yeah. Yes. And we're getting somewhere because essentially, yes,
you're right. But I'm not looking at it as like this one and the same,
but what it does to the idea,
to the something, to the someone.
An algorithm, like to what you're saying,
help make it clear,
an algorithm propels something on a platform
that it thinks the end user,
that's going viral, that's working.
Like if you're trending on TikTok, the algorithm is propelling you into people's for you pages.
What we're saying is a market can propel something quicker.
It's not like when I say it's the algorithm, it's like it's replacing the algorithm as the propulsion vehicle of an idea of something. And I can do it quicker than an algorithm can,
because it's based on demand, not what it thinks is trending.
So let me ask you this question.
What happens if your token is at a market cap of 10 million
and you only have, let's say, $2,000 of volume,
not $2,000, $200 of volume traded that day,
but there's no sellers and there's
no buyers.
How would the market cap then be the algorithm?
That's why I say the market, because the market is a combination of market cap.
Got it.
All right.
Yeah.
Because the example I use is why it's better.
Nevergoon, a CCM creator, he could be creating content generally.
ccm creator he could be creating content generally and if elon musk quote retweeted his content
because he created a meme and that meme went viral great he might have a moment but because
he's attached to a ccm token his his trajectory as a creator is substantially higher within this
echo chamber called ct that's actually what
happened to him pretty recently with his chart yeah by the way i'm not disagreeing with that
just to be clear i just think that then what i would say is like for it to be something because
like when you talk to agencies for example like they have very specific phrases so when you say
algorithm is very different than what you're,
what I think you're actually saying is your reach.
Your reach is inherently different than an algorithm, right?
Like an algorithm on a platform basis
is a mathematical equation to determine
what a viewer will want to see
to increase the maximum amount of time they stay on the app
versus you are outside of the algorithm
because your reach extends to multiple platforms
that have varying algorithms.
So I think you just, I get what you're saying.
I think I was confused by the terms you're using.
And I think if we just separate algorithm from reach,
it would make, at least for me, make more sense.
Yeah, no, a hundred percent.
I think that like, it wasn wasn't i think i started by
trying to blend them when really i just was labeling a current vehicle of going viral and
kind of becoming relevant to the current vehicle of going viral and coming relevant within this
space within ccm and how it can actually propel a creator higher, quicker,
faster than a traditional algorithm would
if the algo is favoring you because you have viral content,
whether it's rather to the market favoring you
if you have viral content and where that takes you.
Let's run through these hands real quick.
RDC, go ahead and then Doc.
I guess my thoughts on it,
like I mean, I was with Profits in the Space earlier when I said something about monetizing and ad revenue
and they, you know,
whomever was representing the pump part of it
totally shot that down.
But it doesn't make any sense to me
because I think the goal of the platform
is to generate trading fees.
So algorithmically, you would always propel the people who generate the most action
on the platform. That would make the most sense to me just from straight business standpoint.
Right. And I, and I like, you wouldn't have ads, you would have sponsors. And I think there's a good level of of your ability to abstain from ownership of content
or you know be be uh liable for any of it if you allowed people to use the coins that they create
to allow for like discounts at dominoes or some stupid shit like that whoever sponsors you instead
of giving you money they can allow people to spend their coins there, which would be similar.
And they might give them money, too.
But like if you could spend creator tokens somewhere or if you could stake them for a discount somewhere like that would allow you to start following people who are like within your sphere of influence.
I hate the KOL term, too too because in the middle is opinion like how could you ever be ten toes on shit if the middle of like the
total representation or the foundation of your name is opinion you know it'd be
like I have a PhD but it's you know because it's you know partially
doctoral right like if that's what the P was stood for right
what you're saying would only work with a stable coin though every creator would have to have a stablecoin associated where the pool of revenue that they generate is in a stablecoin pool.
Because if you did a discount with Domino's and it was like five Steve bucks or five Steve tokens to get one large pizza.
And let's say I want to fuck with the price of the token right in order to change the
variable price of the pizza now i could be getting free pizzas every time i know i'm going to activate
that app because i'm going to fuck with the price because it could be a low float high fdv so it
would not work unless you have a stable coin attached to every creator and some large pump
well i mean like i gave a bunch of outs right Like you stake this much and it gives you a percentage discount. Cause at the end of the day, like this could lead
to like localized. I mean, I wrote a paper on this, like this could lead to localized economies
where let's say, like you said, you're a pizza store and you have hamburger meat that's going
bad. And so what you do is you take your whatever coin, like whatever the, uh, let's call it pump.
And I distribute pump to everybody that's in my local area
based on their geotags and say,
hey, vote on your favorite pizza, right?
And then if you win,
you can use the pump coin that I sent out to you.
You can use that to pay for the pizza back.
So you're obviously gonna have your own personal ones,
but I think having the platform one,
because eventually it'll have enough fdb to be
relatively stable but i i just think like you buy it and sell it like you know it's it's the same as
like stock prices companies don't become illiquid because their stock goes up or down from day to
day right it's they can they can buffer and balance these but but like like, if I hit Steve with a car right now,
and he's the sole proprietor of Steve Token,
it's different than if one engineer has a heart attack at Facebook
because they got, like, 500 more.
So, I inherently think creator coins will always be more erratic than companies
because you have, the key man class.
Right. Yeah. Like, I mean, this is like standard.
What consultants like consultants do this for for assessing stock all the time.
They literally assess key man risk. You know, who holds the most shares?
What happens if a board can't like vote in unison?
Like, I don't think they're the same at all not to say that like
you're wrong in your idea but i don't see the the practicality i just see it more as like a legacy
i just want to say i've had my hand up for for a second you know i think that from a consumer
perspective which solana is the home of consumer consumer capital markets i mean at the end of the
day here like it's not about in my mind,
as someone who's trying to push the CCM forward, you know, how high I can run the market cap and
how much I can extract from creators in the marketplace. It's more about the freedom that
the creators get from utilizing this ecosystem. And I know we're so focused on, you know,
the financial technology and our gains as traders, but zoom out a little bit. And, you know, the financial technology and our gains as traders, but zoom out a little bit.
And, you know, Golden called me out, you know, said I was a wannabe KOL manager or whatever it
might have said. But, you know, the truth of the matter is, is today I onboarded a kid
who has 60 viewers every time he goes live and Twitch is not paying him shit because of the
fact that he can't really run volume ads to a volume audience. But what he did today, whether it was small to y'all,
pulling in $250 of creator royalties is more than he saw in a day on Twitch.
And he didn't have to run ads and he didn't have to shill the token.
All he had to do was tell them, join my stream here.
And that's really substantial for the industry because there's a red ocean.
And Jonah, you know about this red ocean where you can't break through unless your content is you
know viral or your content is well funded or you're in a cloud circle
cloud driven circle so to be able to come on his first day on a pump and
drive that type of immediate payout is substantial to him it's something where
it's like now he can put it back into the community and he doesn't understand crypto. That's not what this is about for some of the creators
I'm trying to onboard. I'm trying to make it so that Pump doesn't look like Omegle.
I'm trying to make it so like you go to PumpFun and you see real creators making real content
that is comparable to Twitch and Kik. And if we want to argue about creator capital markets,
you know, not being a long-term play why is it that bonk fun bonk is
following pump and why do why do we give pump all the flowers that we give give pump well the the
bonk strategy is not going to work i agree i agree embedding kick into their platform why would i
watch there when i can watch on kick but the idea that's actually not why you do it it's it's for
botting it's a tactic that Twitch knows very well.
It's called iframing.
And yeah, Kik is letting them do that
so that way they can see if they want to do it.
And if Kik decides that they like it,
they're just going to throw a bonk out and they'll be dead.
I agree.
But I just want to say that the live content being live content
is still content.
And this is a place where we can you know I don't
know if this is probably probably the right word but democratize the payouts in a way where
advertisers don't eat greater than the the creators and that the platforms don't eat
greater than the creators and you know this new royalty structure although in favor of of of the
creator greatly benefits the ecosystem because more creators,
after seeing this new press release, are going to come to pump and make the content
not like Omegle, but more so like Twitch.
And can I just double down real quick on what Alex said?
Hold on, hold on, hold on. Rob, go ahead and then see.
All right. So here's my thing. I think one of the most important things we have in Web3 or Web2
or wherever is our data.
Right. I think that is important. Owning our data, not letting third party entities use our data to make money.
I think that's very important, at least to me and other creators. Right. And I'm not a content creator or a streamer.
So I'm looking at this situation. I don't know about like I think Solana Steve has this platform that allows creators to stream. And so I don't know how it all works.
But what I do know is I'm pretty sure that they're receiving fees or something like that, right?
They're getting money from these creators that's coming to use their platform, right?
And I just wonder, when are we going to get a time where we start teaching creators that they can create their own platforms
and utilize and monetize their following that they amassed from putting in that
work so it's like i'm looking at this shit like i don't really like i said i'm not fully knowledgeable
about this collectible capital market or this platform wherever they doing it at but i'm pretty
sure there's an ulterior motive for having streamers come over there. Now, I think that that will be fees. Right.
And I think we need to start teaching creators like you can have your own streaming platform.
You can have your own crypto. You can have your own blockchain if you want it.
You can have your own currency. And we fall so far away from teaching people about owning their data and taking it back.
people about owning their data and taking it back.
So I just hope we get to a point where we start doing that more,
especially in onboarding and actually like teaching as opposed to providing a
third party entity where we could just collect fees based on a cloud.
Cause I'm pretty sure it's like a one hand watch the other type of shit or
whatever the case.
Go ahead,
Steve.
even parlaying what he just said,
but doubling down on Alec,
I use this analogy sometimes and ignore the content
and hyper-focus on the context.
I think what Pump is doing, it's almost like –
I mentioned the algorithm market stuff.
I think that what a market can do, it's a TikTok moment.
But for what it can do for creators i think it's like an only
fans moment where five years ago in la if you were an instagram model the only way you made money
was posting for fashion over 20 times a month that was it and then when only fans dropped and
became relevant there was so much hate around it it was like like, if you post that link, like, ick, that's terrible.
Like, ew, the same way that 90% of the people here view, you know, the tokens, creator tokens.
But what it's really doing is putting the power back in the creator's hands.
And now, five years later, 90%, 95% of the creators within that niche use that platform.
95% of the creators within that niche use that platform.
And I would say 90% of that 90% do not do external brand deals
because they make money through their own viewership,
through their own viral content.
And the higher their followers go up,
the higher their subscriber count goes up.
And I think it's very relative to what Pump is doing.
And it's the better your content is,
the more money you'll generate off fees,
the more your token will trade.
And don't get me wrong.
There's girls that rug their only fans
that don't post content and people get pissed.
It's the same thing.
It happens in every single industry.
But looking at the context is that I think
even if you're not going to stream like that,
being relevant in the space and having a token and creating and generating fees of how viral you can go off on this timeline where it matters is the only thing that will matter.
And that you don't have to promote a trading platform, a wannabe blockchain, or something of like gambling or trading nature it puts the power back in the
hand of the creators so they can create content become relevant and benefit becoming relevant
but steve wouldn't wouldn't they have more wouldn't they have just 100% of their fees if
they have their own platform and also in crypto you know how people are when they lose money right
it's no crying in the casino but it's tears every day it's tears on the fucking out right now using
the only stance thing again like so many girls create their own website
and their own subscription platform.
Yeah, there's a girl here.
I forget her fucking name.
I think crossing the chasm of going from influencer
to entrepreneur is the ultimate goal for every influencer.
That's what the best do.
Like David Dobrik and creating a pizza place
or Mr. Beast and creating feastables.
Like that's the goal, Logan Paul and Prime.
But that's really only for the top 0.1%.
The rest have to rely on a platform that they can count on to monetize off in a free way.
I think at the top of any influencer funnel is obviously entrepreneurship.
Right below that is not having to rely on brand
partnerships for income. It's distributing your content the way you want to and monetizing
from it the way you want to. And I think that's what pump is unlocking at its core when it comes
to how creators in this space generate revenue for themselves it's like if
profits goes viral because of a tweet her token should pump that's the way it goes whether she's
live streaming or not i think the model is there but i do i just make it clear i'm promoting live
streaming on pump i just wanted to say logan paul didn't create prime the most i know i know he
didn't find i know the group behind it yeah yeah i've known him since he was 14 the most anti-social
kid you'll ever meet with no social media is for a reason yeah yeah but anyways let's not give logan
credit for seven percent ownership in the company yes but i think but i will give him credit nksi
credit because they're the guys that make things relevant. It's an ecosystem between the
people behind closed doors that know the fulfillment, the distribution, the creation
and the manufacturing of products and the people that have channels that put their face on it
that can make the Shopify go tink, tink, tink, t tink tink like you're completely right i i've i know the
whole story behind them guys they're they're geniuses but without the creators it's hard to
make stuff like that happen um so yeah it's at the end of the day the only thing stuff makes more
is more relevant because it's it's what it's a platform and then creators but But yeah, I just think this unlocks something for people in the space.
So a few fun facts. And then from the trader's side, another indicator for me.
One, PewDiePie is actually the first big crypto streamer ever. I don't know if people know that.
Crypto streaming has not been a new thing.
D live was around back when he was I see owing.
So and then there was steam it after which was basically, you know, super right wing, you know, whatever nonsense.
So crypto streaming has been a concept for a while.
The other thing from the from the trader side is what I'm hearing in the space from some
people, like the idea of building your own platform and creators wanting to build their
businesses. I've worked with enough creators to know that most creators have no desire to do any
of that. They are incredibly lazy people who just want to be friends with people online and make
money. They have no aspirations of being a founder or of being a mogul. That is for the 0.01% of like super alpha male types or alpha female
types. So they're not going to be creating their own platforms. That's never going to happen.
But from a trader's side, I've been in crypto long enough to hear certain phrases on spaces to know some indicators.
Like when I hear, oh, we need to onboard them and teach them about the idea of royalties, of sovereignty, of owning your own platform,
it reminds me of the exact word-for-word bars that I heard around when NFTs first came out.
word for word bars that I heard around when NFTs first came out.
These are the exact same phrases I heard in Clubhouse
before Borey Biot Club existed.
And so that tells me that we are in the 2020s.
Remember BitCloud? What was it? BitCloud? The social coins?
Yeah, BitCloud. Yeah, yeah.
But I'm talking about NFTs like sovereignty, ownership,
creator fees, creator growth.
These are all building a brand.
All these are the exact same words, bar for bar, that people said about NFTs on Clubhouse,
which tells me right now we're in the 2020 era of CCM.
Because the next thing that's going to happen, and PumpFun is probably preparing for this,
is if this meta becomes an industry asset,
which means it goes beyond being a meta, right?
Because most things are meta. They don't become an asset class.
Then the next thing is someone builds a blur or builds an alternative pool beyond pump swap to circumvent fees.
So the next thing is if this market is realized someone's going going to build an alternative fee structure to circumvent creators, right?
So hopefully PumpFun has some sort of defense that they've accounted for there because that will happen.
And when that happens, there will be a massive drop-off of creators in crypto.
It'll be seismic. That's why when I say I think we have two or three years
until it gets realized is notice how NFT hate didn't stop until like literally this year.
It took about five years for people to finally just accept that NFTs exist, that they're not
for everyone, but there's some, you know, there is some group that that appeals to and people have finally come to just accept that
reality uh it is slowly probably not for another five years happening for gaming i expect it will
take another two to three years for creators to have the same epiphany unless as steve said some
of these creators end up becoming centillionaires and then you know streamers are very capitalist
centric they'll chase whatever bag they can i remember two years ago when everyone said no
one's ever going to use kick and now kick is is nearly if not already outpacing twitch so
it does take about two or three years for creator movements to to change
can i respond since i was i don't know if it was what's up? Bro, can I respond to this?
I don't know if it was a sneak disc or whatever,
but can I respond?
Not a disc, not a disc, just a disagreement.
I'm laughing, bro.
It's not good.
Go ahead, Steve.
Jonah, that was a...
Damn, bro.
Jonah, are you really a white boy?
That was a really good response.
I'm just saying, like,
what the fuck is wrong with telling somebody,
like, yo, you can own your own shit,
like, you only gotta use a third.
What the fuck is wrong with that? There's nothing yo, you can own your own shit. Like, you ain't got to use a third. What the fuck is wrong with that?
There's nothing wrong with that.
I'm just telling you, like, having done this long enough,
like, and this is not to be negative,
I just know how people react.
Creators, I'm telling you, creators,
especially Twitch streamers,
are the laziest motherfuckers I've ever met in my life.
These people don't, like, these people don't do anything, bro.
They just sit on the computer, play a game, and say
ha-ha. And I'm not saying that that
isn't valuable, because as long as there's
a paying customer, that's value to
someone. But this idea
that everyone wants to build Mr. Beast,
it's like, most creators
want to make, you know,
$5,000, $10,000 a month
and get paid to play fucking no they didn't have
to be the one to go to that's why we got developers and engineers and everything else in the space but
i feel what you're saying but yeah here's the thing so i would argue um going live is much much
more difficult than a lot of other content creation like posting photos posting videos doing editing all that stuff's
great but trust me there's a reason why there's less than one percent of people as streamers
because it is incredibly difficult especially doing it for that many hours a day um i was just
listening to the conversation basically i think we got to simplify what's actually going down right
Basically, I think we got to simplify what's actually going down, right? What Pump and Bonk are trying to do is you got to remove the word crypto from that they're essentially
going after creators that were otherwise going to go to twitch or go to kick and basically tell them
hey come stream here okay you can own your supply and your community that's going to spend 10 hours
watching you anyway on twitch or kick they have to spend five bucks a
month to subscribe to them so what pump is trying to do is flip that business model on its head if
either one of them succeed in doing that that is a massive dub for crypto you guys need to realize
that right just simplify it for a sec the second thing I wanted to say is the disrespect for Alec or I heard Vo and Steve guys like
that's unnecessary because you got to realize how difficult it is for what they're doing
being at the forefront of that.
I don't know any of them personally, but if you're in crypto and you're listening in this
space, we shouldn't be tearing down those people.
We should actually be trying to support Pump and see where it goes.
It could crash and burn, but in the event that it's successful, this would change crypto forever.
Because without a doubt, Twitch and Kik are going to exist.
If crypto can get involved and be a third option and now creators come,
I don't care about the tokenomics.
I don't care about the guardrails.
Those mechanisms will get fleshed out.
I'm not saying it's perfect right now and I'm not making excuses for anybody. I'm saying team crypto versus everybody else.
I rest my case.
One thing to keep in mind, just again, because money talks and money walks, most people on Twitch who are making real money make almost more than half of their money through Twitch Prime, not through direct subs.
Or they used to. That has kind of ended. That's why most of them are making less money.
So keep in mind that there is a fee structure technically through Twitch, and it's subsidized through Prime.
So PumpFun is going to have to do the same thing and Kik does the same thing.
It's called their partner program.
You basically get paid like a, you know, an hourly wage worker.
Same thing happened when TikTok first started, right?
I remember when TikTok first started, it was the most cringe thing ever.
Everybody hated on it.
And it got to the point where those initial people that started on TikTok ate everybody's
lunch.
They became the coolest people like a couple years after that.
I don't know if you guys remember that, but I'm pretty sure every single person in this room hated on those TikTok people.
What you guys are doing right now is repeating that with the streamers, right?
You should be happy that crypto is trying to attempt to crack that code.
Correct. It was really one person that
was being hostile we were just talking about a strategy yeah yeah and and bro come on bro i know
who that person is bro like let's stop letting people like that like disrespect women on spaces
like come on that guy provides zero fucking value to the space by the way if you are a new streamer
you should be streaming on pump or any new crypto app mainly because you're not going to get an audience by starting on streams anyway
you're going to do that through clipping and people resharing your content but jonah on top
of that think about it on top of that you're getting paid usd and you're also getting exposure
to crypto what happens when solana goes to a thousand right you could either go to twitch
and kick and get and work your way up. You could go viral
and you could make it. I'm not saying it's impossible. People go viral all fucking day,
right? There is expiration there. You could be a new creator right now on Tik TOK and create a
brand new account. And they're going to want to promote you. They're going to want to make you
go viral and give you a hundred thousand views. Same thing on Twitch and kick. Now, what I'm
saying is, would you want to do that and spend all your time and build your, uh, build your, uh, viewing and your following and your platform?
Not like, I'm not talking about like a physical platform.
I'm saying like you're following, right?
Would you want to do that and get paid, but also have exposure to crypto so those creators that are smart enough to get in early and actually try it and bank on
usdc get some solana and at the same time get paid if they're smart like to me that's a fucking
no-brainer keep in mind most creators are not smart again i'm not shaming creators i just i'm
just want to no i agree with you i agree with you i just noticed some things weren't getting brought
up in the conversation let me tell like because I spoke to a Twitch streamer yesterday about doing this, and she said no, not because she likes crypto.
She trades it herself.
But she said it's known in the Twitch community that if you have a crypto sponsor, nobody else on Twitch will collab with you.
The days of that are over, bro.
The days of that are over.
I'm telling you.
They're not.
It's taboo.
This is an active streamer. with you the days of that are over bro the days of that are over i'm telling you they're not it's taboo no no no listen nft if you want to compare it to nfts and that being taboo bro those
days are over man like i know we're in a little bit of a bubble right now but i'm telling you if
you tell a brand new creator hey you're gonna have the same chance going to all three of these
platforms but this third one potentially is going give you crypto. Why the fuck wouldn't they?
Well, I told you why because like the the streamers that people watch are already making really good money
And if they don't like I'll give you an example. There's a guy in Austin, Texas
He was a part of OTK, which is a well-known creator group
He's known for being a piece of shit.
That reputation finally caught off to him.
He's been ostracized to the point where he has to move back to LA
because his numbers are going down because no one's collabing with him there.
Collabs on streams are the most important way to get search,
even more than clipping.
Clipping is really important
but having co-stars come to hang out with you that are also streaming that have their own viewers
is the lifeblood of being a live real quick real quick i just need to make something really clear
real fast i have a question hold on see the girls in this video were creating but let me say this Hold on.
See, the girls in this video were creating.
But let me say this.
Is it, and you guys can comment below if you want to chime in, you can.
Is it disrespectful to rug a woman the same way it is to,
nobody was disrespecting women here.
It's okay for somebody to have a disagreement with a girl.
She held her own.
She did well. She felt disrespectfulpected she would have told me that i know shogun you don't really come to the
show but i just i'm about to get snubbed on my own show bro in no way ain't no fucking way anyway
steve go ahead back to you dog no i mean uh he he pretty much put it down pretty well i mean i think we're all on the same page
um yeah i don't know nothing to say back to it look i'll say i think my one comment
the one it's not all one to one like you guys are like acting kind of like if somebody makes
good content their coin will go up everybody will good, it'll continue to go up as coin goes up and content goes up. Kai Sinak can come here and rug a $100 million coin tomorrow,
and he's still basically 99% as popular as he was the day before.
I'm not saying that there might not, or there is, or there isn't a market for this or whatever,
but they're not one-to-one, and neither of is like based on the other i mean the guy who puts out the most banger tweets and the most banger jokes in the
world doesn't mean his coin runs up to the highest spot like it's still a clout thing there's still
factors in it that aren't one-to-one like somebody can put out a coin somebody doesn't have to put
out a coin neither of those they're like independent things. So Steve said something to me that I've believed in, but I think he's going to,
Steve's going to disagree with me.
So in the earlier statement, he said that back when OnlyFans just started,
it was really taboo and gross to make an OnlyFans account.
I would say that that's still... That hasn't really changed.
Like, yes, one in three women in America
have an OnlyFans, but...
I see when I made that statement,
I meant with...
No, you're saying it's correct.
I was saying within the industry itself.
Within...
Right, so what I'm saying is... Because who gives a fuck what people in the industry itself within right so so what i'm saying is because who gives a fuck
what people in the industry think it's the only thing that matters well it's like how most strippers
go to a different city so nobody from their hometown sees them getting fucking naked at the
club right right but what i'm saying is like i don't care what the industry thinks like most
the streamers who who succeed don't care about what the industry thinks they just their viewers keep going up because they answer like they answer
a need that viewers have but what i'm saying is being a crypto back streamer may end up being like
only fans where yes it is mainstream yes there are people who like it but it may remain taboo
because it's a heightened level of a risk game that some viewers may enjoy.
And by the way, that may be product market fit.
OnlyFans creators make a lot more money than Twitch streamers.
So that's not a bad thing.
No, we're on the same page.
Essentially, what I was highlighting is within an echo chamber,
the same way within the echo
chamber of Instagram models that OnlyFans was taboo, the growth still happened and adoption
still happened from the target creator the same way, like the target creator for pump right now,
for the most part is people within this neighborhood called ct that's where the most
growth and the most traction is going to happen today where where it will come from three six
twelve months from now is different well i i think the red guy is kind of right about this
and i'll give you an example before like kai sanat like kai sanat made the black community happen on Twitch.
Before Kai Sanat and a few of these other streamers that are in their group of AMP,
it was mainly nerdy dudes and e-girls, right?
Kai Sanat was such a unique creator and changed the game in such a unique way
that he didn't take like from the
audience of twitch he created a net new audience we change every fucking
culture every fucking industry every fucking needs well yeah yeah I want to
hear from golden and then Alec yeah so so do they could do black guys and
hockey like Chris Rock said once they figure out how to skate it's over
dude if you see yeah, dude, honestly
NHL NHL needs to hire it needs to hide
I know how to skate. Yeah 100% but anyway
Let me let me just finish this so what could happen is people who are on fucking Wall Street and watch CNBC or Bloomberg, they don't watch Twitch streamers ever, but they may end up watching pump streamers, and that could be a whole net new audience that may be worth just more anyway.
I think it's possible.
And, like, again, it's true.
Wait, wait, hold on, Steve.
I'm sorry.
I'm sorry.
Real quick.
We'll go back to Alec and then Steve.
Go ahead.
Guys, did we just have crypto criminal shogun?
Listen, it's after Ken.
I don't know who's who.
I thought he changed his voice.
Who was that?
He sounded familiar.
Who was that?
Can you hear me?
Yeah, I can hear you.
Go ahead.
Yeah, do we really have the voice of integrity,
that crypto criminal shogun defending women's honor up here never
changed this space should never change i just take a look at the pin tweet also for reference
lots of good people on those photos shout out who else is in the audience right now oh yeah
hey man leave vibes alone all right right, Ali, go ahead.
I was just going to say we're entering a new era and with new eras, people don't really adopt them with ease.
And all the things that Jonah's saying, I pretty much align with.
But in meta shifts where people participate too heavily in the last meta and aren't flexible,
you see a lot of resistance.
And I think right now what we need to
see and i i'm i'm vehemently on on steve's side as it relates to creator capital markets you know
golden's favorite term but what i will say here is that like i want to see the birth of a next
generation creator leveraging these tools i don't want to see a kai sanat or an aiden ross because
then you will have exit liquidity or you will have people hurt and turn into exit liquidity.
People will turn to their favorite creator and still champion them because that's what they know.
And they're so bullish and fixed on it.
Additionally, with streamers in general, for years have people been one-sided subbing and throwing their money away for virtually nothing.
And for the first time, it might be early. it might be infant, it may be scary to some. But I think for
the first time, we're seeing an opportunity for new creators to exist in a way where their content
speaks to a small niche and that small niche can have a large stake in what that means to them
and be bullish on them in the same way that people are paying subs blindly so
you know it may not make sense to many clipping you know is a is a new age uh i guess experience
and way to to to make a living and they're doing so in a way where they're financially free and can
participate in this market so you know to say that anyone to say that anybody is to say that anybody
is wrong i i don't care about shog is wrong. I wish Shogun.
I don't care about Shogun right now.
I wish Shogun would do a stream so he could dump on his audience on pumped up and not
just on Twitter spaces.
Well, I was going to, I just want to land the plane here.
I think there's a difference.
Sometimes.
Yeah.
I think there's a difference between celebrity meme coins.
I think there's a difference between celebrity meme coins and turning on a camera to say
it's a live stream or to just say you're a celebrity and have influence and launch a meme coin than it is for someone to show up every single day for the five viewers because we call those five viewer Andes who those Andes show up regardless.
You want to call them viewbots, call them viewbots.
But those five people show up and they deserve an opportunity to make that money back.
So I'm bullish on the creator capital markets, whether it's infant
or not, and not every
KOL has to have a stream.
I think it's an opportunity for someone
who aspires to be a creator to just
do it, because we can just do things here.
Go ahead, G.
I just want to know who's talking, because
my screen is kind of fucked up.
The human.
Yeah, Alec with the glasses.
I guess there's two humans up here. Steve, you wanted to chime in? I don't know if you had of fucked up. The human. Alec. Yeah, Alec with the glasses. I guess there's two humans up here.
Steve, you wanted to chime in?
I don't know if you had your head up.
Human is crazy.
No, I'm good.
No worries.
Yeah, no, I'm good.
So what happens if, like, Kick just adds rev share?
Like, doesn't that just...
Never gonna...
No, but I'm saying, isn't that the actual better way for this to happen, considering
they're one-to-one?
They already have that. No, but I'm talking for, like, people, for subscribers, for people'm saying, isn't that the actual better way for this to happen, considering they're one-to-one? They already have that.
No, but I'm talking for, like, people, for subscribers, for people who contribute, for people who follow.
Like, then it's like, uh, like, you can tier that in the same way.
And I'm not saying that it's going to happen or it wouldn't happen, but that would be, like, a way to actually be building value.
Doing it on a coin doesn't have any fucking one-to-one effect.
They could absolutely do that.
Eventually somebody has to sell it, so does that mean that the streamer
got less popular that day or that somebody
fucking just tanked it? Yeah, but Chicago,
if you're
fucking stake, why would you
move a finger right now when you're raking
in the kind of money you are? Why would you take that?
Why would you eat your own
lunch until someone else tries to start
eating it? Do they have the funds to do that?
Oh, yeah.
They're probably the most profitable fund right now.
Even with them
paying for
even with them paying
the front end fees for all the streamers
to actually stream content?
Yeah, Steak isn't going broke
anytime soon. I just want to hide something that should
do it do it they said it's like you know when you know your favorite TV shows on you go and
you turn on the TV and then you turn it off when you're done unless you just binge TV for no reason
if you tune in for a character or a show like if it's a character pumps or the chart moves up like
you should know that you know 50 minutes an hour before you're you're you're logging in or hopping on to like buy into the chart before
something epic happens and when it ends you have an opportunity to take your gains as a viewer
and rotate your bags because that's something we're familiar with and rotate your bags into
another creator who's going to go live the next hour it's not just a one side put out a banger
video this week that doesn't mean his coin should go up
if he had a coin that was a creator coin.
Like, that just means he put out a banger video.
A video is post-produced, right?
So that's, like, supposed to live there eternally
in the sense that...
Okay, so what if he live-streamed at a NASCAR event
and it was just as good?
It just means that somebody should be able to get in
knowing that he's going to a sick event
and be able to bet, just like a polymarket, that it's going to be a banger stream.
Yeah, but you're not betting on it. You're just buying a coin and then you're playing chicken.
But it is a bet.
No, because you're playing chicken.
It's like longing it.
You're implying that everybody who thinks it's good would give a dollar at the moment where it's good. That's not the case.
But what's the difference between just blindly giving it's like 98 of
people on webcam sites don't ever give a dollar and their biggest problem is figuring out how
to monetize the people who jerk off for free well that that's a little bit more of a niche and it's
not a generalized that's less of a niche than crypto coin that's almost a whole ordeal right
there okay here's the problem you're misunderstanding the whole concept here you're tokenizing yourself you're literally allowing yourself to be invested in
like a fucking company apple doesn't do anything anymore they just rehash the same bullshit
so for you to go and say oh why would uh you know why why would a creator coin go up if uh you know
it's because you're betting on this being the next most famous person you've never been able to invest
in famous people ever.
Like, the idea should be plain and simple.
If you can invest in a fucking paper company that doesn't exist and do anything,
why can I invest in a fucking bloody company?
Well, I want to piggyback off that.
I want to introduce you to 250 years ago, where this could possibly happen.
Well, think about the Hollywood Stock Exchange in the 90s or the 2000s, right?
Like you could bet that Will Smith was...
I was making a slave.
I'm sorry, I wanted to divert it
because I represent everybody.
That said, like, you know,
the Hollywood Stock Exchange allowed you
to bet on Will Smith and his blockbuster
to go, you know, hit 500 million in the box office
or whatever.
It worked briefly and it didn't work
after the dot-com boom because of
the speculation. We're in a speculation phase and you guys are speculating against it and that's
okay. That's what we need. Just like every chart needs a swing trade and every chart needs a stake.
Right. So we're just literally getting into it. And as it evolves, we will see really exciting
creators pop off and transcend web three and allow creators from or people from web two to tune in
and make the choice
Do I want to buy this token or do I just want to watch because it's entertaining?
You know, I don't think we should
I think we should zoom out little just a little bit more market cap is the new following count period
That's all it is. That's a crazy. I don't think it's that big of it
I don't think it's like what you're saying. It is. I think this is
I think this is just a replacement for the fact that a bunch of the things that we
have now like celebrities movies all these things are a very much a very large cost up front when
you can do the things like the guys that are the comedians that go on uh the bullshit just pull up
right like all these other smaller people cost nothing. And you can, you can steer
influence and make a significantly larger amount of money controlling societal influence. When you
do it through the, the, uh, the, the guys of, Oh, well, we're free to pick whoever we want.
We can buy their coins. It's the same shit. It's just boiled down.
Before the sex tape, I would have.
Right. But it's, it it's it's literally the same thing
like you're just your real housewives just seems like you own it like so it's a it's a
it's a social construct that allows you to take ownership of something that appeals to your human
nature of longing to belong right it's literally play-doh like you're literally committing to your
it's it's almost like you're drowning but instead of listening to someone else describe the water
you're writing notes about it as you die type shit is really what's happening like all crypto
has done is make more like make the worst machines we already have more efficient
mic drop
fucking shut him down didn't I will
I better go and take my ass I put the kids
to bed bro I had a fucking style bro
RDC's eating gas station sushi right now
just fucking left us with it
I'm telling you bro like I glow in the dark
don't be jealous bro
yo so like
hold on prophets quick question for you blind box pokemon opening son or ccm daughter
blind box all day all fucking day bro someone was like pokemon is having a run and then every box like go fucking take the fucking late bros oh man i don't know oh my god i got the one piece
card real quick real quick i want to because you guys mentioned i was going to dive in about you
guys run on the whole like why wouldn't like kick or twitch just drop rev share like and then
obviously jonah said that there you have it with some of the features. But I mean, it just happens that way.
When companies get too big, there's no reason for them to budge.
I mean, how long did it take Instagram to introduce a for you page the same way that TikTok did?
And then they needed to heat map Ashton Hall to make everyone realize that Reels were cracked the same way that TikTok was in 2018.
Like Reels right now is having a tick tock 2018 2019 moment and it's because instagram basically was
way behind the eight ball on the for you page and then used ashton hall for everyone to realize
hey i mean don't get me wrong plenty people already realized but the whole world realized
that reels were cracked after that moment of like oh shit this
dude's getting 185 million views a video or reel and it's like i don't i mean maybe maybe they do
introduce it but it wouldn't be for years at least a year or two after it it worked and it was proven
to work and that's just i mean the bigger company, the slower it's going to move.
And especially when they're successful, there's no reason. It's like, if it's not broke, don't fix it. And I think that's the beauty of capitalism and entrepreneurship is that when one gets too
big, they don't need to move, which leaves room for others to move, to innovate and try new things
that could potentially change an industry and i think
that's what pump is attempting to do every new pump streamer that launches a coin gets one blind
pokemon box to open up on their first three and again like there's a lot of different things we
we've touched upon like idea of a market being able to drive something viral quicker i think
that yeah market cap matters it's like holders but think a creator, like we talked about a creator with the same market cap as Bonk would have actually more
holders on chain, which actually makes the token fundamentally better. And I think that,
you know, I think it's a new way to engage and a new platform that actually puts powers back
into the creators. There's a lot of different things. It's not just one singular point, bullet point that makes what pump doing.
So special, so special.
It's a handful of things.
And I think just like TikTok success, it's about net new.
It's not like, oh, why wouldn't Drew ski or why wouldn't this person get on
TikTok, it took a list celebrities and public figures about a year or two into TikTok to actually adopt the platform and really utilize it because everyone faded it.
I mean, Triller tried to pay to play, and it did not work.
And TikTok used homegrown talent, net new faces, because let's be real, the new American dream.
Triller's out of business or they're still going?
They shifted, pivoted to totally different. The new American dream. Is that a business or they're still going? They shifted,
pivoted to totally different.
Yeah,
they did.
And some stuff.
The new American dream is becoming famous on social.
And I think pump's trying to tap into that.
Like recent survey just came out.
It's like most kids growing up want to be a YouTuber or TikToker.
And eventually if they read it,
that survey in two years,
it'll probably be a live streamer after this next wave. But I think what pump is doing, they're really onto something.
And obviously there's a million things that could go right and wrong, but I think everything is
there for it to go right. And that's all that we need. Yes, it could fail, but truthfully,
I think everything is there for it to go right. And it just takes one.
It takes one.
There's more risk than this reward.
Like if you're gating content, like if they said you can only view this content if you're part of this, then that's one piece of it.
Correct, but correct.
The token gating doesn't work.
Correct, so you're not going to grow, so you're not going to be able to sit here and say like new people can start somewhere where you have to pay to see them
start and if it's people who are experienced or like you know big enough then it's basically the
only fans model like call it what it is which by the way that's i said i said that that's sure
sure if somebody says if kai's not said i'm moving to a platform and the only way you can see it now is this, then yeah, sure.
Absolutely.
Like that person might be able to make more money doing that, et cetera.
But like going over to the guy who was already making excessive fees that were declining
and realizing that the only way to keep fees going to extract was to cut it in half, give
it to somebody and yell Jew mode active.
Like that's not exactly exactly the model that's destined
to work.
This is the only model that gives the little guy
a chance.
How does it give the little guy a chance that way?
Because everybody's becoming creators.
Let me talk to Do It Big real quick.
Let me talk to Do It Big.
Let's say theoretically,
I had a pinned
tweet for a second.
A majority of streamers or people who want to stream can't even stream I actually, I think I had my, I had a pinned fucking tweet for a second. Real quick.
A majority of streamers or people who want to stream can't even stream because they don't have money for a PC.
Today I did a coin.
It only went to 120K and I made 1,200 bucks off of it.
Then you should get a job. Well, they can just listen to Gary Vee and go to garage sales for 20 bucks until they can afford a laptop.
But what I'm getting at is that.
If you can't afford a fucking Chromebook,
you got bigger problems.
I swear to God, bro.
For example, what if the next big guy
is actually a Nigerian
who only lives off of 600 Naira a day?
He's probably not going to be that fucking popular
enough because why are you gay all day long?
Real quick.
You guys know the platform
that actually...
That is the most monetizable on social right now for net new creators?
It's Snapchat.
Like this is –
Ain't no one who's Snapchat in like eight years, bro.
Move on.
No, that's not true.
They do.
It's for –
Snapchat's actually like –
Silters.
They've done a lot in the last four years.
But creators?
Bro, there's people there making $10,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20,000, $20, Nigerian could just be like, hey guys, I want to make a coin about my life. I'm going to...
Get on Fiverr and make happy birthday
videos until you've got enough for a notebook.
I'm sorry, Jonah. This guy is like the messed out
version of you. I'm sorry.
No, it's just
do it big is inherently wrong because
I can now...
You can't tell me how this goes one to one.
Let's talk about the Nigerigerian bro one mic it's 10 30. thank you ladies first anyways um so here's the problem do it i did you i'm gonna say ladies first and then start talking
you frozen yogurt soft serve motherfucker that's wild let's go back to the nigerian guy example who
has no money to get a macbook and wants to stream a pump fund because he can't get on TikTok on his phone.
Let's go ahead and see how is this guy going to develop.
OK, so here we go. Number one, everyone has a mobile phone.
You download the pump on mobile app. You go get two dollars down the street or empty out your bank account.
If you're a Nigerian, you then make the pump fund coin and then it's all for me.
So fucking right. Why is anybody going to buy the pump fun coin and then it's all for you you're so fucking right
why is anybody gonna buy the pump fun coin of the guy who just fucking i think the nigerian hate is
deeper than so take a laugh dog well real quick the the so some facts about nigeria do you got
first off you do realize they have the highest like growingITDA in Africa? He got scammed by a Nigerian or something.
I'm just saying, Nigerians aren't collectively poor.
They have the fastest growing middle class of any country in the world. I get that, but to buy a quality PC setup in America costs, what, minimum $1,200, right?
Have you heard of the concept of dynamic rates?
You think they sell at the same price in Nigeria?
Why is the guy's coin going to run because he goes on PumpFun with the mobile app and launches the coin?
So here's the problem.
Where's his fund going to come from?
We don't let people expand on their ideas.
Effectively, it is far easier for someone in the first world to get their ideas across because they have the capital to do it.
Anyone in the first world can become a streamer today because they have the facilities to do it.
They have the computers to do it.
Most of these third world countries don't have the ability to make enough money to
buy a decent setup. With Pump.Fun,
the ability to
crowdsource fucking revenues
It actually isn't
the setup, it's the wifi in third
world countries.
Yeah, I'm just, yes it is me.
Anyway, um, yeah, so
what you're completely misunderstanding is you're
basically saying, oh yeah, why would anyone want to watch a third world person?
My idea is if they have an idea that's good enough, they just don't have the funds, this is the one way to equal the funds.
Brother, if someone from North Korea is on the line.
I didn't realize it was this guy.
If someone from North Korea is streaming on PumpFun fun i guarantee you that bitch is getting a thousand
that's real shit that's real shit i would stream it just to listen all day long like i don't it
doesn't even have to be true at that point for me it's like you said he's you said he's where
nah i fuck with that all day like i'd watch him stream with no fucking clothes on like only
let it go it'd be really it'd be funny if it was a north korean hacker and it's like uh give doing a live giveaway of ether of other people's money
got like that is the total like that's that's what i see we're going to find the princess
we promised you all in emails for the past fucking 16 years that's the creative capital
markets we all want is that right there Correct and so here's the thing
I think that's what he's saying
For example someone was in North Korea hypothetically
How would they get enough money to
Theoretically get a
Setup that isn't fucking rigged
Kim Jong Un
Lazarus they have money
No they fucking don't
They got an iPhone for the phone phone app
So they got a camera it's pretty good fucking quality
They can fucking stream on anything else anyways
Like what are we talking about here dude
That's right
Why aren't you watching
Mobile live streams right now
Why am I not watching what
Why are you not watching mobile live streams
Where people are walking around with a cell phone in their hand
If it's so good you would already be watching that But you're not watching mobile live streams where people are walking around with a cell phone in their hand if it's so good
You're not watching it because I'm not watching anybody walk around on their daily life and putting my whole entertainment into it
Because dreaming on your phone is not professional Lord is good. It is not good quality
Yeah, almost everyone does, dude.
Sam's.
I do have to say, a lot of them are using backpacks and Sam's.
Yeah.
Literally, TikTok Live has a ton of... Real quick, I wanted to...
Okay, then how come a TikTok...
I was smoking a blunt.
How did he get me sober already?
You're fucking...
Fosse, you're always on some other shit.
Steve, go ahead, brother, whenever this shit on mics.
Essentially wanted to address when I was talking about the social platform
is that rule of thumb in Hollywood is that creators either follow the money
or the views, and that's where a lot of platforms have worked.
And I know Jonah said WhatsApp.
I consider WhatsApp.
No, I'm sorry whatnot i consider
whatnot uh an econ platform like a basically a revolutionized qvc social cell yeah i mean it's
not that different from pump because everyone tomorrow is going to do a blind box but like
essentially what i was going for is that this has happened from time and time again like
eight seven eight years ago youtube was the biggest platform because they were paying the
most and all ever it was everyone was incentivized to create they still pay the most actually pays
more which is david dobrik just started posting blogs bro snapchat is cooking bro i went to the
headquarters less than six months ago.
There's like 10 creators that I learned about that I've never heard in my life making over $10,000 a month from their shows and from their shit. But they do direct deals.
No, they do direct deals, though.
It's not like AdSense.
It's not CPM.
It's like direct deals.
No, no.
The blue check is what helps.
That's the point.
The blue check is what helps.
You have to get accepted.
Profit, did you meet Brooke? Yes the the girl with the pink hair yeah super nice yeah so she's i've
been for best friends with her for 10 years she runs creators of snapchat there was a mass exodus
from youtube when they dropped how much a creator would earn per million views. And that's why David Dobrik today posts 190 times on Snapchat,
but has only posted like seven videos in the last five years on YouTube. That's why a lot of
YouTubers dropped YouTube because the money just wasn't there, but they all Snapchat. They all go
there. Every single major creators on Snapchat, because they introduced the verified. Where are
their, where are their where are their
viewers from the viewers is there when i was in paris watching a dj no i believe it i'm just
saying like what's the region and then it goes to everybody bro i got 10 000 views from a fucking
dope dj video that's crazy but the way that they do it is that the only way you can actually make
ad revenue is if they've gated it a verified creator program there's only
14 000 verified creators right that's what i mean yeah so youtube still pays more by just volume
and and then like average cpm it's like it's a technicality yes correct but it's actually a
technicality that's actually helped them corner the market on the best creators, the best content.
I could see PumpFun being as big as Snapchat easily.
Essentially what I'm going for is that I think what PumpFun can do is tap into both,
starting with where the money's at, essentially.
That's all I was going for is that creators follow the money.
And if it goes for the views first, like TikTok or the money first, like PumpFun can potentially do.
Like I've been talking to Pump, I'm like, you guys need a verified creator program. Like imagine if I've been pushing, you know, better fee split for verified creators on
Pump, like just little things like that.
But I'm very bullish on the fact that, and not even me being very bullish, creators follow
the viewers or the dollars. And I think that pump is onto either. It's going to start with
the dollars. It could end up with the viewers, but either way, I just, I just think that like
they have something. And most of the time when these pivots happen in social,
it's just six degrees of separation.
And I think this whole like obviously crypto at its core and the fee split is that six degrees of separation from Twitch or Kik that propel them the same way TikTok six degree separation was.
Steve, my final question for you, because I think I have no arguments against that just even comparing it to snapchat
uh i i'm about to be a 30 year old uncle what the fuck do i stream because i'm not gonna be i
dude he's i'm not a 24 year old i'm not going to fucking beverly hills and holding up a sign i
talked about this a little bit ago like the the the curve of which where typical, where content starts on new platforms, where it goes
is I'll outline it through TikTok. When platforms first happen, it's the anything content. It's the
showing up content. When TikTok first started, it was get on there, do anything, dance. Everything
got views. Everything got hits. After the anything phase, it moved to the niche phase.
everything got hits after the anything phase it moved to the niche phase and the niche phase on
tiktok was like i do food it's alex earl get ready with me i do skits and then it evolves from like
generic generic bland they're just here dancing doing whatever content to niche content comedians
food bloggers uh moms at home advice and things like that. And then lastly, it goes to
brain rot. Brain rot is the final stage of any social media platform. It's watching someone on
TikTok live work in a kitchen and cut a thousand cucumbers in a day because that's their job and
they get tips all day. That's the hierarchy of like content and like where it flows on a
platform is generic, whatever content, because everything trends, then it goes niche. And it's
like, I'm the food. I'm the mom. I'm the skit guy. I'm the prankster. Then it moves to brain rot,
which is like peak platform. Someone will be on pump fun, literally just sitting there, go
doing the, Oh little the lick the
remember the tiktok lick thing it's like oh ice cream so good yeah the ice cream so that's kind
of the hierarchy it's like if you're looking like where what happens after this first initial phase
of pump is i believe it could go niche where someone could be the food guy, the skit guy, the builder tech guy.
Like that is the phase that people need to latch onto because it allows you to be who you are and share with the world what you're best at in that niche phase.
And that's where like a lot of people are going to grab onto something within a platform.
Go ahead, G.
I was going to say I've never learned so much in one space.
Thank you for everybody that's been arguing back and forth and, you know, fighting. I don't know
when to say fighting. What was it? Throwing shade? I don't know. Anyways, Jonah, can you speak for
people who have ADD? Can you speak in slower and, like, shorter sentences? And then Fawcett, I really
think you remind me of a politician,
and I think you should go for it.
Because the way you...
Wait, wait.
Wait, I'm not done.
Wait.
Like, Fawcett reminds me...
Like, the way he argues is golden,
and that's no pun intended.
Okay, and now i'm done
so how short do i have to be i don't know bro you're a little long-winded for me i lost you
a couple times and i have add so like i'm just telling you like i have the space i'm sure is
add or adhd i'm autistic i'm trying to work on it i've heard you're like super super fast and
it's like damn what the fuck did he just say
Just gotta listen a little faster
Baby girl
Could you imagine me on coke? Holy shit
No no no no
I thought I was bad
I'd watch that stream
Dude I did that shit once in college
Wow like dude I was like
Yeah I have a question overall
And I don't know if this is black or white but um steve you made a lot of good points especially about the like evolution
of the internet and like the whole like brain rot thing and the levels um would you say that
you know the same goes for any anybody that's online right now for example the youtuber that
like you said stopped youtubing and is now
on snapchat or the one person like rappers even i see rappers starting to go uh live on stream
just a producer i forgot his name was it sony digital i'm so dmg money gang can't forget my
nigga soldier i i uh i'm scrolling through twitch and i'm like son Sony Digital has 80 viewers.
DDG has 1,000 viewers.
I'm like, bro, this nigga's a legend.
I don't understand.
So is it like black and white where anybody, any creator,
any level goes to pump on streams?
Do they have to change their strategy of how they're already going about creating content because they are now attached to a coin?
No, the coin's irrelevant.
I think that one thing that we consistently talk about
when it comes to like base and the brand is that
we understand what's at stake here.
And it's that we're running two races
and that, yeah, we understand content
and how content scales,
what may work and what may not work.
But there is something at play,
which we won't ignore, which is a token, which is a, like a new part of this thing and understanding
what makes a token tick, what works best practices. So like I'm constantly trying to jump on any phone
call I can get with anyone from, I know it sounds crazy, but whether it's Nam or Joe McCann or anyone that, or the guys that drove up fucking fart coin, like understanding what works and what, and understanding the game of tokens so that we don't, we don't cut ourselves short and, and screw something up that hurts the content. We're not going to ignore, but when
it comes to the content itself, you don't do anything different. You be the creator,
but there is something else in play here that you just can't ignore. And it's that, you know,
it's understanding the token and like understanding supply and token distribution and then potentially getting your
token on exchange and how to otc to wales and get your community involved and all these different
things and staking and the things that will actually help you as a creator when it comes to
your token because you don't want to be great at the content and have your token hurt you that would
that would just be a sad story so like it's not something we're ignoring
when it comes to all the tokens and the ccm tokens we want to do things by the book and with
best best practice and look at good tokens that have scaled like real brands like pengu or bonk
and say okay how can we do what they did but with a creator being the face and not a penguin or a dog?
Roof.
That was a good answer.
Good response.
One thing I will say, Steve, real quick to piggyback off of that is the one problem we're going to have with this content is that a lot of people are going to be thinking that the same content they were making in the free world
is going to work in this like CCM markets when it's now effectively paid content.
I just want to go and say that the same shit that like would get people famous,
like Asmongold doing just sitting on his computer all day and just reacting to GIFs
isn't going to fly in this sector.
I think that's subjective because if there's one thing i've known
in being in social and in hollywood long enough like you don't you don't make the rules like i've
seen dumber shit go more viral and people that i'm like i have no clue why this guy is creating this
become some of the most famous people on earth well here's the issue here's the issue that i
bring up is that because now we have money on the table people are getting fees for the revenue
the content is going to get continuously better correct back back in the day there's always been
fees on the table it's like you've been pushed ads in between youtuber videos since the tale of time
and there's one of the highest paying streamers is Gainzy.
He just has hairy shoulders and talks about what he used to do in his life.
Well, yeah, it's literally, he's literally tripped out.
Costa, do you watch any of the, of the Web2 streamers?
Some of these guys scroll through their community chat for two hours,
reacting to their own clips that their, their community.
Okay. Okay.
The issue with Web3 though,
is that in order to
make more interesting content than asmongold and all of these guys you have to put up your money
up front you have to put up your own money to make more interesting content if i want to be
the guy that travels the world like an irl streamer i need to go ahead and put all that
money up front that's why you're not going to see a lot of irl streamers unless they're already big
but it's always been that way whether you're streaming on pump or you're streaming on Twitch or kick and you want to
accomplish your mission there, you've always, the same rules apply.
It's that you just, when it comes to the resources of creating content, the game is the same.
It's just what comes back your way is changing.
Yeah, we're just shuffling.
We're just shuffling pay ads.
Jump in a G, go ahead.
Okay.
Okay.
First off, that is the most
nothing-barger statement I've ever heard in my life.
Ad revenue has absolutely
nothing to do nowadays with pump
fund creator revenue streams.
And I'll explain.
You can now,
with less than 100... Did you hear the square footage
in Prophet's bathroom? I'm sorry, what?
I heard
that square footage.
You can't fucking hide.
Question, guys.
All right, so there's content creation, right?
What about content consumption?
Can that be profitable?
That's literally how this works.
You're putting money into our coin.
I don't think that matters.
I think, again, a lot of people within the creative space look at Rick Rubin on the Mount Rushmore
and the audience always comes last.
The goal of the audience is just to be entertained.
I think the idea of PumpFun allows a certain, it adds a new audience, traders, to get in on this and get ahead of and benefit from the success of creators of virality, the same way that agents and managers in Hollywood
has been extracting from creators,
but usually on the tail end.
Typically, if you go viral and you're bad baby
and you have your catch me outside moment,
you have every agent and manager trying to show you
to UTA, WAME, and CAA at the end of it.
Whereas now you can own your meme or your virality on the way up and
not just at the end. And essentially we're just democratizing management agents and the people
that basically financialize creators at the end of it, but in the beginning. And let me just make this clear.
It still happens in the beginning.
Fernando Tatis, who's an MLB MVP,
was handed $2 million at 16 years old because someone was like,
hey, I think you're gonna be famous,
but we want 20% of your career earnings forever.
Now he's in a major legal battle over that
because he's got $600 million contracts.
It's always been this way.
It's just we're actually lifting the hood
and allowing this market and these people
to actually get on the action that agents, managers,
and agencies have been doing usually towards the tail end
and even at the beginning or in the middle.
It's the same thing.
The content and the viewership does not
change. If you want to sub or if you want to buy a token and hold, like I said, I use the Roaring
Kitty example. People bought GME watching a dude on a stream. It's the same concept because they
believed in him. That's why they bought the token. And if you believe in someone that's on pump, you buy the token and you hold.
It's the same thing.
Same, same, but different.
Correct.
I just want to answer the question that was asked,
which was, can you earn from consumption,
creator consumption?
Yeah, that's sort of what clipping is.
And maybe, Jonah, you can jump in after I say what I say.
But these people make money consuming content
and then earning from the impressions of others consuming content without having to originate the content in the first
place. So it is a pretty back and forth ecosystem as it relates to consumers can earn not only from
the token, but from participation in their favorite creators communities.
Usually with Clippers, Clippers will, especially on YouTube, they take about 80 of the revenue the creator will
get anywhere from 10 to 20 of the revenue like residual and they have free reign over what they
do as long as there's like there's like certain stipulations by a creator but i don't think if
you want viewers like normal viewers to get paid for watching streams you just want to play to earn
game and uh you know i've been here long enough to know how that goes i don't think i think the viewers
we interview like there there's there's there's the way that people can monetize off being early
to someone the same way you'd be early when gary v told you to buy Giannis Antetokounmpo rookie cards before he won. But if you direct pay viewers for watching, you make it impossible to measure a creator's ad value.
You violate the laws of content and creation.
It's not – you're not a creator.
Yeah, there would be no ad dollars.
You're not a viewer.
If Pump does that, it will go to zero.
I don't think they're going to do that ever. Like,
I think that all the rules apply. And I think that there's always been this like, Oh, the
viewers should get paid, blah, blah, blah. You're there for entertainment. It's a, it's a tale as
all as time people show up. What you get from it is the entertainment is the joy of file up,
following and idolizing someone on the internet that you like,
that you believe in, that you see yourself in, that you relate to, and that's it. I think that
what we do with the tokens is just something that allows someone to scale their brand quicker,
have more resources, and become relevant and a superstar rather than trusting just what you put aimlessly
on some sort of platform.
I think it's a way to scale.
I don't think the viewer monetizing,
I think that's where it all gets backwards
and it goes down the drain
because it's not content and creation anymore.
It's like as a creator,
if you're a comedian, you showed up and everyone
is getting paid to be there. You're not, you, you don't know who it's, who are you?
It's not, you can get paid to watch ads.
Crew. That's very correct. But that's, yeah, that's a different though. That's like,
you, it's like a, it's filling an ad break. It's not, it's not.
No one likes ads. it doesn't move one
to one like if somebody comes in and sees somebody and says this guy's the next tatis
and bundles the fuck out of a token and then all the people who support the growth start buying it
all the way up and supporting the growth and that one first guy rugs the fuck out of it what does
that mean for everybody involved like you could still watch the con you could have still watched
the content for free.
The guy can still be huge without any of that.
And the only thing you did was put, I mean, negative EV and risk on the other people
and probably anxiety on the other people and make them dislike that person.
True, but like it's, you don't have to invest in Apple to use an iPhone and enjoy it.
No, that's my whole point.
So all I was just getting at is why is the coin so relevant to this piece?
Like it's taking something and putting an extra risk profile to it because the
coin doesn't move with the creator. The coin moves independently for the most part. Well,
using the Apple example, it's technically the opposite. It's like the more content,
hardware, and things that Apple releases, the more the price of their share goes up.
The same way.
Yeah, correct. But that's because there's a sale there. Like in this case, in this case,
one person making an action doesn't rug Apple. So you're putting that risk piece on it. Like I
could still be the biggest fan of somebody who just started streaming today. And I don't have
to be the top holder. They're two independent things. And work with me here. And the top
holder is the risk and the top holder is the risk
and the bottom holder is still the person who likes the content yes but whereas like only fans
somebody's paying for it because you don't see a t without fucking paying for it yeah but work
with me here on this there isn't a direct monetary sale there but the sale of someone's time is
arguably more valuable the fact that you take that someone takes time out of their day
to enjoy some sort of content.
I don't think a monetary sale.
Don't streamers say it costs nothing to follow me.
It costs nothing to like my business.
It costs nothing.
A hundred percent.
Yeah, so.
Yeah, like that's just.
But you're putting the risk on the streamer
ending up having one person bundling
and rugging the shit out of it.
And now everybody resenting that person and ruining their growth.
I don't think one person can define a chart in a token as much as crypto
to think one person on day one can't bundle the fuck out of something.
A hundred percent. I think the,
I think we can all agree here in any chart on any token,
the biggest risk is the devs and the people that own the token i don't think we have
that risk generally not completely generally with creators because it's their face and their name
i i think could someone that bundles it heavy for the same reason as your tatis example
i see somebody like i've seen plenty of people that i've met and known at under a thousand
followers on anything and i've called a couple of these people, right?
As like, yo, you're going to fucking blow the fuck up.
And now they have a million followers.
But if I let myself bet on that or let somebody else bet on, or I bet on it and somebody else
follows through and now the 990,000 new people or 999,000 new people who love this guy sit there,
thousand new people or 999,000 new people who love this guy sit there.
I can always fucking just rug it and I can ruin what's going on and what they're building
along the way.
Like all I'm saying, like the coin, the coin doesn't need to, it's like fixing a problem
that doesn't, it's like solving a problem that doesn't exist.
Like Chicago.
Can I hop in real quick?
Yeah, of course.
Yeah.
So like, I've actually thought about this mechanism for a while and just take a look
at what Mitch just did, right?
All this is is an alternative to how Twitch and Kick currently work.
So a user spends $5 a month to quote-unquote support that person
that they're quite literally spending 10 hours with sometimes
just watching them all day long.
I don't know how these kids do it, but they do they do it right so that's how they're currently supporting it this new mechanism says you don't have to spend
any money on the coin if you want to support the coin you can now own a piece of that creator and
grow with them so the harder you work with that creator you can turn into a free clipper you put
five bucks a month into that creator and if you actually like that guy or that girl you're gonna grow with them
That's all we're saying you can bundle your own coin and say hey, by the way, I own my entire supply. You can't rug me
There's so many different ways
To talk to a spit on that thing. How did that go for the creator streamer?
That's the same people that hated on tiktok creators at the beginning they ended up getting faded
things if she launched a pump fund what happened to doc hollywood she didn't launch her coin though
that was that weird correct that's my whole point if she launched it on pump fun and didn't even tell
her best friend i'm launching it then like hypothetically it has a better chance to run
naturally if you're a good person, the same
way as this. But we're not going to compare Mitch
to everyone that's going to happen after, because Mitch
is an anomaly, because it's the first one that's making
us have this conversation.
But that's what we need. We need more motherfuckers
trying to do it for it to move forward.
Correct, and what have we had since Mitch?
We've had fucking a Gainsey
misclick, a kook, my account
got hacked, and we're only on fucking day one.
Like, think about, like, what's going to happen more over the next 30 days?
Are there going to be more Mitch's or more fucking kook fucking Gainsey things?
No, no, I agree with you.
I agree with you.
But here's the thing.
When TikTok first started, it was nothing but disgusting creator houses and this and that.
And there was a million things we could
have pointed out and been like look at how whack this is this is terrible it's destroying instagram
or creator economy gambling mechanism one sec one sec one sec one sec let me just finish
it took a while for it to get fleshed out but then once it did it changed the world it literally did
now the same thing is happening with streaming. We're witnessing it happen.
All I'm saying is if that can envelop into the crypto world, every single person that owns crypto benefits from that.
That's all I'm saying.
Put a 20-year vesting period on a pump fund launch on stream.
And then maybe I'll tell you that you got a piece to it.
Literally, a 20-year vesting where the first unlock is three years in.
It starts at 1%. It's scaled up.
What about one week unlock?
Nah, fuck that.
That doesn't do anything.
All that does is give somebody a one-week time to write a bot to rug first at the exact moment, seven days, and one second hits.
But Chicago, on the right people, that hurts your growth.
You're right.
But the point is you're hindering the growth on other people.
the growth on other people like that's the whole thing it's not example if you stream and watch you
Like that's the whole thing.
may buy one coin as one person and you can run it that way and they're still investing that's
investing in someone long term those are the kind of mechanisms that have to be there the model
that's out right now is super jew mode fucking active yeah i get the fundamentals are different
but the problem is is like if you lock away your entire supply and, and this is very relative, I'm kind of like opening up and being a little transparent here. It's like, if you lock your supply, like you are, you can't move. What happens if Kraken comes knocking on them more? It's like, Hey, we want to list you, but all your supplies locked up they're gonna look at you yeah i totally understand that but you know here's the flip if you don't do any of this and don't drop a coin and just drop a
stream then as the creator you've got opportunities all across the world to make that money instead
of being locked into a weird spot that you didn't need to create to solve a problem that doesn't
exist i i think while i'm not going to disagree because I understand where you're coming from. I think
there is a problem that exists and that the, the problem that exists is that right now within
streaming, there is a clear, clear barrier to entry. And just like it was on Instagram, like
I, I, I was rough transparency. I ran one of the biggest internet brands on Instagram in the 2010s.
Top five biggest brand.
Back in the day, the only way you got noticed on Instagram was if you got shared or you
collabed.
There was no For You page.
It was impossible to grow.
Just like we talked about on on twitch the only way you grow
is through collabs when tiktok introduced the for you page it changed the game for creators
because it opened the floodgates to to for newbies to get seen like it just wasn't possible it was
like unless someone literally hit share or you're motivating the wrong people here to grow it.
That's the whole thing.
Like for example, if you want to launch a coin and take 100% of the supply and leak it back out slowly in ways as you grow and let people who've put in X amount of hours watching your stream be entitled to purchase up to X amount of tokens in your stream, that mechanism could work.
The mechanism that's here right now just won't work. Like you can call it what you want but it's just not going to all it is it's not
going to work i agree with you it's very risky and there's bad things that could happen but i
think i mean there's very few good things that can happen but that's progress that you said that it
can happen it's just because we haven't we have not figured it out now it doesn't mean that it's
impossible 100 but what i'm saying is the mechanism what's out now is all we have to talk about.
If all of a sudden,
Elon says,
I'm going to fucking deactivate Jew mode and we're going to fucking put a
vesting schedule and do everything else.
And there's like actual fucking like guardrails around that.
Then sure.
But this is why I used a kick example.
Like if kick,
if somebody on kick was able to go and give back rewards retroactively, that's how something grows.
Log this many hours with me.
Participate in this many things with me, and you'll get money off of my money.
That makes sense.
But when you front load it, as first people in get the most growth, it doesn't actually do anything for the long –
this is like the OpenSea airdrop debate.
Do us people who lost fucking – who gave a half million or a million dollars in transaction fees in 2021
really deserve the biggest airdrop?
Or do the people who followed it the longest and continued to stay with it
deserve the biggest airdrop?
I see what you're saying.
And I think that like,
I think one thing that I'll put a spotlight on that I think it could,
could help within this conversation is why I get,
cause there's a lot of focus on the Gainesies and the Mitch's and stuff.
And I know that's what we're talking about,
but I think when,
yeah,
but what I think when you,
when you understand people,
like I seen the,
the,
the,
the,
the,
the perspective that you have does not work for that young man.
Like for Mitch or for the other people,
it's hyper-financialized.
It's straight to 40 mil.
They're holding 70 per side.
It's different.
But for someone like I seen who didn't have enough money
to even buy more than 5% of his supply,
he flew here from Belgium,
didn't have two pennies to rub together.
I just sent him USDC for every step of the way
this is the greatest opportunity in the world for this kid he lives in a poor neighborhood
what every other important streamer did and start from the fucking bottom and build your shit up
yeah but this is a but the only way like i always say in social you're basically one chance to make
a first impression and people who start this way and fuck it up basically fuck their whole career
yeah but like here's the thing there's only a couple ways to really define your career in social You get one chance to make a first impression and people who start this way and fuck it up basically fuck their whole career.
Yeah, but like here's the thing.
There's only a couple ways to really define your career in social.
It's you either be first to a platform in a new way of creation or you're first to a niche.
That's really it.
People can have their own. So we're saying that for the first couple people that do this, they have a fucking shot to do it if they run good.
But like other than that, this goes back to like how did rappers used to make it they sold fucking dope like you
know like i don't give a fuck what it is that somebody does that they need to do to boost their
fucking career doing it in this model is going to be negative for 99 of the fucking people there
and most of the time it's going to be out of their own control when you fucking trap on the
fucking street you're controlling your own destiny minus who you deal with in the police
in this case you're relying on somebody on crypto twitter with a faster sniper that sees an fucking trap on the fucking street. You're controlling your own destiny minus who you deal with in the police.
In this case, you're relying on somebody on crypto Twitter with a faster sniper that sees an opportunity and has the ability to do that.
The same way that snipers are going to hit every fucking streaming coin.
All that you're doing is you're taking that risk and you're sticking it on
someone else or you're sticking the risk on yourself while putting your future in
someone else because you don't have those mechanisms.
Like I'm okay with a coin if it's done in theory right.
No one's ever done it.
No one's ever said, like, I'm going to take 100% of the supply.
But that becomes rewards.
That's what, like, that's what loyalty programs are built on.
That's why those things do work.
Stay with us 20 nights and get this many points to use towards the future. But the guy who's never stayed at a Marriott doesn't get shit for free
unless it's like 500 free tokens
for signing up a fucking friend and family
on an invite code where they cap you at three.
Like that's what I'm trying to say.
You're trying to preload the growth into this as success,
but it's not because they're not one-to-one.
Do you know what's kind of wild about what you said?
Chicago is a thing that I think we've glassed over.
When people create coins, you're talking about sniping coins.
It's a bunch of different platforms that you can create coins on.
When you consolidate the coin creation to a single platform,
you totally decrease the skill level necessary to snipe those coins because once you have
standardization it's a lot easier to to like lock all of that stuff down that's why it's easy for
people to launder money all these things like once you once you have the rules it's easy to work on
both sides of them efficiently i think one thing that i asked about earlier that no one said a
single fucking thing about is when we talk about monetizing shit like this, I tried to bring up how much it costs to stream.
And I was going to debate between AWS and a bunch of different ones globally because I've worked in 25 different countries.
My fucking LinkedIn is in my shit.
Anybody who knows me in here knows, you know, I'm all over it. The thing is, it's like, how the fuck are y'all going to pay for this? Because if platforms with ad revenue and share and all that,
that quote unquote rate the content creators aren't profitable at a good level,
how are you going to do this when they've had contracts for streaming all the way back?
Because it's hundreds of dollars an hour at 720p a hundred or some change right
it's about 30 grand for a proper irl streaming backpack it's about 30 grand for like an individual
if they wanted to get an irl backpack or or you can be the person who started from the fucking
bottom and worked their way up and they didn't get the 30 000 setup until they had the fucking
android phone and then they got the iphone 17 and then they got
the fucking little fucking two thousand dollar camera and then they got their fucking i don't
know red camera i just want to add to this i see i see what steve is saying from a perspective of
like uh when a network or a company a media company or you know wants to you know help a
creator get better right like i Like I do that now,
like the people that work with Exposed, we got edits done, we got, we got, you know,
graphic designers, there's deal flow being shared. So I relate to Steve in that aspect.
Granted, you guys are doing a whole different thing with the actual house, doing all those
things. And, and I also understand Chicago. Like I'm, I personally am going to start streaming
and I'm scheduling out a whole like three weeks of how I'm going to do it. And I personally am going to start streaming and I'm scheduling out a whole like three weeks
of how I'm going to do it. And I'm only going to do it because I'm able to fly out a friend
that I'd known for years that's a videographer and I'm not going to have to pay what three weeks
of actual content, you know, 10 hours a day is going to be. So like I get both sides,
but I think, uh, I think the whole coin and and starting it that
way is kind of playing on our hard however there's some benefits to it which i see but i think that's
obviously subjective to everybody else's opinions like chicago i seem could have streamed on twitch
for a year on any it doesn't matter his setup does it anything because he did it on pump and
because he did it in the echo
chamber that he did he made more money in his first month and became more relevant in his first
call it 60 to 90 days that he would have ever potentially had in his first year or two on
twitch you're right there's anomalies to everything well there's absolutely people that there's the
guy who fucking was singing on the subway and fucking made it and got a fucking record deal.
There's the.
That's more like wiping the people that really put a spotlight on this.
Like there's people with tons of followers, Gaines, E.R.A.
Yeah, but a spotlight is like a false prophet.
Like it's not.
Yeah, but Chicago, what Steve is saying is like, for example, the Instagram cool crowd, the TikTok people were obscure to them.
They were all brand new people
and that's why they got hated on they were like a fresh faces right so that's what steve's saying
like the exploration on a new platform you have less saturation less competition and you throw
crypto in there like i don't know man i think that i'm not saying there's nobody that's gonna
i'm not saying there's nobody that's gonna to fucking kill it with this fucking pump-pun streaming model.
That's not the point.
We're talking about the actual model itself.
And, like, you know, like, you're sitting here saying, like, oh, well, some people will never get seen when Instagram was new.
Well, some people made fucking hundreds of millions of dollars over the fucking years by starting from where it was without introducing the gambling aspect of something that can restrict everything you do from there on out
like seen whoever i don't even know who you're talking about to be super honest with you
like but take like the you know he's another one so you got him you got a mitch example
you got a whatever the case is but like that doesn't do anything for why new people are going
to want to stream on pump fund because you know in the most part nothing's going to run one for one
like there's plenty of people i follow on the internet i don't give any of them money bro i don't cuck to none of these motherfuckers on the internet
like of course but it what i'm basically saying is it it just gives what what trying to to to
sideline or table everything that you're saying why it's bad and obviously very valid points not
disregarding them but it's the fact that a it's very it's
hyper unique we've never seen anything like it before but the fact that it can give someone
we have it's called only fans we can we give it a shot at a dream that you wouldn't have because of
what it is that's what it is and it's like it's not like a platform has never supported its
creators before like pump is doing like back in the day youtube did youtube 100 and like brought creators out
snapchat brings creators out and tries to give them the tools the resources the setups the tips
like it's very common they pick and choose and they do it but they don't they don't introduce
that like for example then you just say that you gave money to the guy who flew out here from belgium so he could launch the coin like
what does that say for like the example of the other person who doesn't have you to send the
money and be a sponsor well you're the guy you're the guy's sponsor the guy couldn't naturally have
done it without you therefore you're like it's like in here bro it's like country artist yeah
but like there'll be plenty of people that pop up on pump that no one sponsor there's people i go to strip club find a bad bitch put
her on only fans and fucking all of a sudden like there's an opportunity that didn't exist yesterday
like but but the girl who's a single mom with four fucking kids and is making six bucks because
she's got a butter face doesn't have the same opportunity like you know what i mean like i'm
with you that like this can work but that doesn't make the model right this still makes it a flawed model where
there will be anomalies that make it through the fucking game same way the best artists in the
world aren't the fucking richest artists same way the best musicians in the world aren't the most
famous same way the fucking rap game is fucked right now you know because they take the most
manipulable people like the kid from belgian that you can put on a fucking flight and put them on here and let them be first to
market yeah like i agree with you like every game is is has its pros as its cons is rigged in some
ways is is favors some doesn't give some a shot give some a shot i guess what we're basically
the whole selling point the whole selling point is disproved right there. And you just said, you agree with it. Like you can, if this, you can,
if this, like the other example would be your funniest fuck and no one's ever seen you on the
internet. So now you're going to come here and you're going to do it, but that would work on
streaming. That's like, that's like the fucking kill Tony model. Like kill Tony's got 300 people
sitting outside and the one who gets in the door and is actually funny in 60 seconds makes it on saturday night live in their first year of doing comedy yeah
exactly but like it sometimes like this is an exception to the rule it's like i don't know if
addison ray or the d'amelios would have made it dancing on instagram but they, and that's what made it work. And it's like you can't discredit or not co-sign something
just because it was right timing no matter what happens.
TikTok didn't have the opportunity to extract the people
that were supporting her in the beginning.
It just gave people a free chance to follow somebody
and make them blow up based on their content.
The same rules apply.
If PumpFun had streaming without a coin, then I'd say, all right, you're right.
There's people who go to PumpFun.
It's a new platform.
Maybe people will do this.
But when you launch with a coin that has the mechanics of a PumpFun coin, it's got more negative than it does positive.
And that's going to show its face really quick in this market.
And the big difference is fees were down because pump fund was declining.
So you take somebody who's just done nothing but like the OpenSea extract and say, okay,
you know what?
Fuck it.
We were already getting too much in fees.
We could have operated with a quarter of that.
So instead of dropping our fees and dropping all this stuff, we're just going to do an affiliate program with the creators and give them half back because you're still printing money like it doesn't there's not there's no net benefit to
what's going on except for the first couple of people because crypto degenerates are crypto
degenerates i i just ringing them church bells chicago ring the fucking church bells bring them
in all the world already see i got a quick question sidetrack out of 25 countries which
one has the best gas station sushi yo yo this is going to be a super unpopular opinion you guys are probably all going to block
me but i think this decentralization and crypto if this model works it's going to wipe out all of the
other social media platforms because you essentially right if everything else is the same and you have the guardrails and the mechanisms that Chicago wants and everything's safe, right, eventually if you can give your community a chance to make money with you, they're not going to want to do it any other way.
I agree with you.
The current method is…
I agree with you.
If it was equity in the person and you're taking equity…
It's like an episode of Black Mirror, basically.
It's an episode of black equity and some of the people that i knew were
going to be famous early in life and i was right yeah i would have bought into it with a contract
that says i have a piece of every dollar you touch here's my investment but in a case like this it's
not like that nobody's one-to-one there's buy-ins like you're basically getting like 700 rounds of
a seed raise all in the first 14
seconds like you know that's life right that's life remember because no because you know that's
capitalism that's capitalism i don't want more regulations you wouldn't have had vcs if all the
vcs were botting against each other to see which person got the fucking quickest buy-in because
one person who's 0.1 seconds behind the next person got twice as good of a price on that person, allowing them to be disadvantaged for the rest of it. All I'm saying is sometimes the answer is not
to ask for more rules and more regulations. We should be able to govern it ourselves.
These are easy fixes. I don't think they're out of our realm to be able to answer these. I think
Alon and Pomfan are already figuring it out i think bonk
is already trying to figure it out i don't think it's impossible and i do agree with both your
points but what i'm saying is fundamentally if this works i want everyone to understand
this will be a huge pivot point for crypto like it's going to change public perception of crypto
right now we're not on the good side if this breaks through this would
change the fucking game that's all i'm saying like all your bags will go up just a long done right in
the right model but it doesn't have to be on pump fun it doesn't have to be on streaming this guy
doesn't have to be the guy who does it somebody could independently make a program that could
launch a coin with those mechanics and they could use it on twitch they could use it on kick they
could use it on instagram they could use it on anything but it's going to involve a little bit of legal at the
top and a lot of people aren't going to want to do it because they're going to be handcuffed by it
but if somebody wanted to do that person with an early day of something says bet on me now but
guess what happens if they do music then they never get the Taylor Swift deal because Live Nation
says we'll never come in because you've already fucking sold your asshole to people who are there day one like these are
kind of things and you can't play at any of their venues too right like yeah you're dead on chicago
i'm totally with you on that same way that whoever whoever oh in china by the way to yentai if the
gas station sushi is like bullshit market sushi kind of sushi here's a perfect example not everyone that followed
mudang and enjoyed mudang on instagram bet on the token and rode the token great but the only reason
but it just opened the market here that was sure sure sure and then some people bet on it
some people didn't but this is like that's it that you can't use that as the example of a because you because mudang didn't start streaming on not all viewers are
going to be victims of this it's just it's just hyper financializing viral content except putting
a human being there instead of a baby hippo correct but the coin wait real quick though
let's clarify something though baby wait wait one wait, one sec. One sec. Clarify it, though.
Remember this, right?
Just look at the conventional method of what's actually happening.
You're talking about us betting on it.
Like, let's remove CT for a sec.
If you take the gambling out, what I'm talking about is the conventional method is if you have a million fans,
they're all paying Twitch five bucks a month and you're getting line share of it,
depending on if you're speed or if you're a random creator, that's what I'm talking about.
These people were gladly going to give five bucks to the abyss anyway.
Right.
So now they can give five bucks a month and own a piece of Steve.
I'm willing to bet on that being the future, but they don't, but at the end of the day,
not everyone has to, some people would just enjoy their content. It's just adding an element. We're not swapping anything or changing anything. We're just adding a piece to the pie. We're not changing the way that people view content. We're not changing the way that people like and follow and admire live streamers or content creators.
live streamers or content creators. It's just adding a piece to the pie. And that piece that
we just so happen to add to the pie can accelerate a creator's trajectory, resources, and funding
quicker than any other platform in the face of the earth. That's all that's at play here.
Nothing changes. It's just that creators who use this mechanism can actually benefit more through
virality, resources, and funding in comparison to any other platform in the face of the earth.
And that's simply what's at stake. That's it. Sure. I'm just saying like the Gainsey or Mitch
or any of these people, they've already had some following. So the only reason some of these things
went off on top of being early is because there's already so many people following them.
So you already have a base.
But to say, hey, some new kid who fucking lives in Africa and doesn't have a fucking phone is going to come on here.
Or some kid from Belgium who doesn't have a friend who flew him out and sponsored him and didn't have any fucking clout on anything is going to be able to do this is kind of crazy like those are the people that are going to get wrecked the absolute most in
this situation i know but the fact that it's crazy you could make an argument could kaisa not make
more money moving over to a different streaming platform that's where i beg to differ can i just
quickly interject it's all about net new it's not about it actually gives the newer creator
an option as well and steve i just want to correct that as well it's not about it actually gives the newer creator an option as well and steve i
just want to correct that as well it's not just helping the creator it's the only platform that
actually gives community a chance to benefit from this as well because a twitch stream i mean a
twitch viewer or a kick viewer gets jack except for spending 10 hours of their day watching
obsessively with that creator now that bond was because they chose that for entertainment, just so you know.
Yeah, but what I'm saying is that's the conventional way, right?
So what if your entertainment comes with a piece of ownership?
That's crypto.
That's web free.
Ownership in a coin, not in the person.
That's kind of my whole point.
Exactly, exactly.
So it's like a half episode of Black Mirror.
There's like a left side, right side.
I've watched a Kai Sinat stream in my life.
I've never given a fucking streamer a dollar.
I've gone to a strip club.
Yeah, they're free.
They're free.
But what I'm saying is like, but if you want to support them, if you love them and you
want to support them, you can go to extra mile and click that $5 a month button, right?
They can also donate live on the stream.
They can do super chat.
They can do all these different things, right?
But they get nothing in return.
What if I were to tell you that Black Mirror is literally happening as we speak?
Now it can go both ways.
You can become beloved and do really well and grow and make money and make your community money,
but it can also go the other way.
If you start mouthing off and going crazy and start changing your political views
and not putting out content and just crashing out, your coin will crash.
It's the inverse.
You can stay on a straight line, straight edge, be the funniest person with the best content,
and it can still run all the way down, and it won't be your fault.
It won't be the person who threw $5 fault.
They will have been sold on the investment of the progress, and it can be one person.
It can be one group of people.
It can be one bundle that sat there and waited for the moment because they bet on that person before.
And now the streamer looks stupid.
The people who invested feel stupid.
And it's a net negative to everybody except for the guy who just wrecked the chart.
These things are just two independent things.
Like this is no different than a celebrity dropping a meme coin with a
dev that's not a piece of shit.
That's, that's all it really is.
Like if any of these celebrities dropped a meme coin and didn't have
the fucking Sahil on the back end, allowing it to be rugged, this is the same thing. Anybody could
do this. Like you don't need this one piece for the other. You can still stream on kick and drop
a coin with the exact same promise and nothing changes as long as you control the narrative of
how that contract works, which is why I said the issue isn't really any of this. The issue
is how these contracts are set up.
This is why you reward loyalty.
You don't let people just over invest or you cap people at how much they can do
until a person has a hundred thousand, 500,000 streamers, people listening,
people watching it, then you can't have that many people buy up the supply.
You have to cap it.
There's gotta be, there's gotta be guardrails around that.
Cause one person who doesn't give a fuck about the guy on the stream, but thinks he's going to be big can ruin the experience for everybody else in the way it's set up today.
Yeah, but, like, that'll limit it.
It's a free market.
Like, that's like getting mad at the guy that bought all the Tom Brady rookie cards and now he controls the market.
Sure, Gary Vee had his fucking retarded fucking twitching fucking scam fucking scammer, 30-year fucking Jason Kuntz over here,
fucking running up fucking,
what's his name, fucking Giannis.
Like you fucking said,
they did the same thing on the Luca Prism.
This guy's been scamming since fake Beanie Baby tags
when I was eight years old.
Yeah, but like-
And that's why fucking,
I don't believe in God,
but if there is one,
that's why he's got that retarded twitch
and walks around fucking compulsionating all the time.
Yeah, but like,
what you're saying is correct.
But like if,
if someone scales quick enough,
the market will correct itself.
Like,
yeah,
for someone to be able to ruin someone's chart,
they would have to have to abide like 10,
20%.
There's a bonding curve.
A bonding curve is a 2050 X on something.
So all it really takes is one person taking a couple of points in
something early and waiting
that person can wreck that at any given time chicago i promise you all it takes is one person
to get it right to do the token and hit the blueprint and then everyone's going to copy that
because it won't be on this model it'll be it'll be it'll be on the version two version three
version five but if this is version one version one is flawed as fuck and won't work. Could version two work? Could somebody see the mistakes that pump fund make and
do this a different way? More like a loyalty, more like a cap, more like rewarding, more like a time
based thing, more like not letting somebody invest too much at an early point, which is what a
loyalty program and a reward program. That's why I said kick doing something like that makes more sense than doing it
in a pump fund coin.
You know what's crazy though?
Like we can, we can, I'm not, I'm not going to debate like the,
what happened, but to double down and like a counterpoint,
what's crazy about what happened today was,
is for the sake of conversation, I'm going to explain it a certain way,
but the belief in a creator and
a belief in a market arguably gainsy wrecked his chart with what he did the exact what your biggest
fear chicago happened today and the market responded immediately and everyone does because
it's because it's gainsy and because people still saw that you could do it and people fucking some
people believe the bullshit some people didn't i. I mean, like for example, take the bonding curve,
take a bonding curve out of a coin.
And then I might agree with you.
Yeah.
But like, it's like the worst nightmare where you have a,
someone completely wrecking a chart and the market respond because they
believe in a creator and it came right back,
like literally almost right back.
And it literally happened today today but that's on some
degenerate crypto people that has nothing to do with like people streaming and trying to push the
narrative of why streamers should come over if we're going to say this is for crypto twitter
streamers then i fully agree with you this model's fine for degenerate disposable income
can i add can i add a little two cents there i don't and i don't think that the
coin quote unquote came back so much as people wanted to make money and bid the bottom as much
as uh like gainsy has supporters and i'm not in the coin and i don't have anything against gainsy
but i think price action reflected uh people's desire to want to make money off the event as opposed to someone supporting
him on the chart
100%.
Yeah, just smart bottom bid.
Exactly.
The dude's just a guy on crypto Twitter
a standard white guy on crypto Twitter.
Call it what it is. There's nothing about that.
It doesn't mean I didn't think about buying that fucking dip
because I knew what people would do to respond to it.
That's the crypto Twitter side. that's not a justification that that is the only reason why i bid that coin like i haven't i haven't
bid any i think i've only bid i seems because he's funny as but like click the porn link and
everybody bought back in it wasn't exactly the upside they had nothing exactly let's all be
really honest though let's be brutally honest i'm pretty sure tiktok
crimed i mean sorry that's not not the best word but they they definitely boosted some of the
original creators to bring the value to the platform you don't think that's happening with
pump you don't think that's happening on kicking twitch that's just how it goes so it's it's in
pump's best interest and i know they're never going to admit why did they do
it why did who do why did tick tock and why did fucking why do these people boost the people that
oh okay because they had to take market share from facebook i mean obviously instagram but
they marked the one person doesn't take market share like it does but it doesn't
no no what i'm saying is they paid the creators handsomely because obviously i don't know steve
in person but but I'm
in that industry as well. And I remember looking at media kits, right? And there was a time where
like the most you would get paid was as an IG creator. And then I started seeing all of these
fees and I was looking at the differences between TikTok creators and Instagram creators and it's,
and it surpassed it. And then it started doubling it right now the same things happening
with uh streamers right like it's 10xing their earnings as a tiktok or instagram creator so
it's actually like selling a false narrative kind of like gainsy would do or mitch would do in a
space like yeah you eat market share right just like another company i'm not saying it makes it
a good system but there's probably no better platform to do it then you're a lot of people on a lot is the person who gains
the most because he has 50% of the fees from everybody he manipulates all the
way across to mode active I mean no what I'm saying is there's probably no
better platform to do this at the current time in the big two five then pump like
they are crap you can hate on but as much as you want but they were the
printing press they were the printing press for memes just like how instagram was the printing
press for creators like it allowed anybody with a phone have a crypto wallet same with the rest of
america 90 90. that's exactly what i'm saying if we can onboard everybody to
onboard everybody to crypto he's in here to lie in his pockets and that's what's gonna happen you can't see the exact same logic bro they realize that they can do the
everything but that's a little bit biased though you gotta admit that's a little bit
you have crypto right chicago chicago you have crypto okay you will benefit from that merging
happening everybody even it doesn't matter if you have Sol, ETH, or BTC, or even if you have Chainlink,
whatever you have,
if this merges,
everybody in crypto benefits.
That's my point.
Like, we should be trying
to accelerate it,
break it fast,
and I agree with you,
it might not be the first iteration,
but tell me one other crypto company
that has a better chance
at making this succeed right now.
I hear you,
but some things you just gotta be a spectator because you can't change the
world.
Like, cool, we'll go down the same fucking route.
Like if somebody defunded Israel right now, we'd all fucking gain from it.
Doesn't mean that we can all fucking change that right now.
It's the same thing with pump fun.
It's no different.
Somebody's just lining their own best interest, which is fine.
I think OpenSea was one of the greatest fucking business models that ever came into crypto
and might go down in history as it because they did the MVP at a time where this was just fucking coming in.
It's cool.
Like, I'm not talking about whether or not this isn't a good business move for PumpFun.
I totally think that this is a good business move for PumpFun.
But I don't think that for random streamers and I don't think for the people in crypto, this is necessarily the win because you might think it onboards people.
I might think it does what and what nfts did they brought everybody in they brought everybody in temporarily and then
they gave the world a fucking terrible persona about who the people were over here because all
they heard was scam scam scam scam scam it's no different like this is just going to be more of
the same thing it's like two steps forward four steps back that's what basically happens here
will we get an extra portion of people adapting to fucking crypto? Yes. But will we get more people in the end having a
distaste for it because of what I'm saying? Because the guardrail, because it's not built right yet.
If you built this thing in the right model, in the way I'm talking about, like, and I don't even
know what that is exactly. But if you sat here and ran through all these things and said, this
was really about onboarding people, not about this. And it was about onboarding people. So they have a good experience and they don't risk that the
first action they have is coming over here for a streamer that they lose money on. Cause not
everybody who's going to come over here was the people donating money to Kai Sanat sitting here
yelling W's in the chat. Some of these people were the people who were watching it for free.
And now you're selling them on an investment dream. And what's going to happen is their first investment is going to be a loss where they were
just enjoying fucking streaming for free but think about think about the subscription model right this
i know we've talked about it a hundred times the subscription model like you can pay fifty dollars
for three months at a time and you're paying it not expecting to get anything back and these are
the types of investments that you get good internet this is why no but no but what I'm saying can I land my point I just
want I've been listening you go back and forth the last 30 minutes I haven't said
a word I just want to throw one thing this is from the subscription standpoint
like yes you get the entertainment you get an evolving badge but these are the
types of transactions or levels of payments or levels of fees that, sorry, I don't know what I mean. I mean, this is the amount of
money that a viewer would be willing to pay. So putting $50 into someone's chart just because you
can say, I have a piece of it, maybe they're not here for the actual financial gain rather than
just to participate in the ecosystem. Or they don't do anything at all and they just watch. They're not forced to click buy and they're
not forced to click sell. So I think that you're right when you say that this is V1. Even Alon
said it himself, like this is V1. So a lot will change. But right now, this is what we need to do
to push the barrier, the boundaries and get to this point where we're not stuck in a red ocean
watching the same five people breed more people for their next generation.
I mean, this is where you get to find the new diamonds in a rough.
Why can't they subscribe to something else?
I think it's like we're obviously in the crawling stage of this baby, and in order for the baby
to gain strength to walk so then it can run it's gonna have to be an amalgamation
and responsibility shared between the creator and the platform that's supporting the creator
um like pump can only do so much to facilitate like quote unquote like the best type of
parameters for a creator to succeed just like the creator can you know control his destiny and mitigate
the properties in which he's creating content to maximize you know his his algo permeation or his
virality to scalability um yeah i think we're we're at a place where we have training wheels
and everything right now is meant to be broken and everything should be exercised as a use case we should we should look forward for things to fail so that
way we can fix them um and right now before that then you don't have to wait for it to fail
that's the whole i agree if right now we're all pretty much in agreeance that this
that certain parts of this are flawed then don't push it till it's right because you only get the
first impression once so you technically lose the longevity of people that you're trying to onboard.
And that's why I use the NFT reference.
But this is why you got to draw the line between financial technology and consumer technology.
It's not necessarily about making financial gain as it is participating in the consumer trend.
This is this new term, CCM or fucking whatever.
You can only move forward by failing.
You can't, nothing's going to be perfect in this first iteration.
And that's the death of any entrepreneur.
And personally, I know Alan's trying to,
you say he's lining his pockets,
but the only guy I'm betting on in a room
is the guy that's trying to line his pockets.
That's it.
That is-
I mean, that's kind of like,
Bernie Madoff was the only person in the room
trying to line his pockets.
You're betting on that guy
or you're betting on the fucking company
that he was trying to pitch to people that took money.
I'm sure he had a smile on his face.
People said he was a great guy.
But when you recognize when you recognize a flaw, you don't have to wait for it to fail.
You just need to fix it.
That's the part about a builder, about an entrepreneur that you notice.
Somebody has an idea and the idea pivots seven times before it's launched.
And when you notice those things, you make the change.
I know, but your perception of failing is your opinion.
This isn't the big short.
You're not looking at the numbers going, holy shit, guys.
There's 3,000.
There's 10,000 streamers on pump right now all holding 90% of their supply.
And they're about to all dump all at once because pump's going to fail.
Like you have a fear of the failure, which is
valid, but the actuality of the failure is strictly opinion and speculative base.
There is no actuality of failure right now. There is no bullet point or metric or line item that we
can look at and say, this is the exact reason it's going to fail. Right now it is opinions and speculations.
All are valid.
But as of right now, it's just, it's Coke butter cheese.
It's like if I take, if I take,
I mean, if I go off arguments,
North side of Chicago and put fucking $100,000 chains on them
and drop them off on the South side and say, there's no cops.
Do you not think that you set yourself up for failure right there like you can you can you
can you can mitigate that risk early to prevent bad things from happening especially when you're
now when you recognize it like that's all but how is that analogy to to streamers how's on pump like
what okay so here like what is it any different than mean like i think meme coins are fucking shit too it's for degenerate gamblers who have disposable income and some people are
over invested and they learned the hard way and now they don't like crypto but what i'm getting
at is like okay so what are like the top three reasons you think that streamers should come here
and the top three reasons that you think consumers should adapt to streamers here
so the top three reasons i think streamers should come here is a better chance of virality
going more viral quicker because a market can actually push an idea someone or something
unproven you don't have the same amount of viewers as the other platforms what's the next
viewers viewers is actually completely your row viewers is virality let's go what's the next one
viewers is not guys let's let them finish let's let them finish actually not virality let's go what's the next one viewers is not guys let's let him finish let's
let him finish actually not virality to be completely honest with you because rasmir gets
more viewers than unstable coin and has more followers but unstable coin is uh 10x the market
cap market cap is the name of the game here viewers are irrelevant market cap dominates this timeline
that's it yeah in this small world of crypto twitter i agree with you market cap is
the bigger piece of that than viewers sure yeah well if market cap is virality which in some
aspects i do agree with you on that steve how can we in perpetuity harbor and foster a content creator who's actually doing
quote unquote good things that are scalable and do have positive impacts if no one's really
resonating with it and their market cap is on the floor, so to speak?
It just takes time.
It just takes time.
Again, we're in the first inning.
It just takes a creator showing up every day, proving who they are like that's all that really matters i mean the same way you know
we all believe in luca or nam because they show up every day and they've been pushing their brand
and their their item there's something for as long as they have and i think creators will do the same
thing but because showed up with his dick on the table on 2.3 million dollars to fucking prove it like that's the difference yeah but like 2.3 million dollars because the brand that he had
you're right but but the experience the resume and a couple million bucks and buying it off a
kid who flipped sneakers and built this in a discord because he thought penguins would be
cute during the nft craze i mean they're gonna do over 50 lucas a fucking g i'm not gonna like
discredit him yeah yeah no discredit the first bullet point is the fact that a market cap could propel virality
quicker than any algorithm can um in this echo chamber and that's all that really matters the
same way that tiktok was the only echo chamber that mattered for people that couldn't make it
on instagram it's the same thing bigger 75ger, 75% of 3% or 5% of 100%.
So it's not really more viral.
It's just more viral in a fucking echo chamber.
We can all talk.
Most people don't know what the fuck we're talking about.
It's like, okay, what matters more to you
if you're in Southern California, In-N-Out or Subway?
Yeah, Subway's got the most locations in the world,
but In-N-Out runs the block
and that's the only thing that matters.
Like making it on your block
and in a certain echo chamber
is just as powerful as owning the whole thing,
the whole pie or the whole platform
or wherever you may be at.
But outside of the, the, uh, market drive market driving virality quicker than that,
than an algorithm can it's a, the fees and the way the structure is and the ownership
of your virality, like owning your virality is a new landscape here.
It's like the only way you really owned your virality in Web2
was you go viral, you do brand deals,
and then you hope something happens after that.
In this space, owning your virality.
Staying power.
That's like in and out having a good burger.
Yeah, the dividends pay way more on this side of the block and owning your own virality and last but not least you know you're
taking a bet on a platform like you're early on a platform that that that's where it matters the
last bullet point is the job of any creator like the only way you can really go from nothing to
something outside of creating a niche being like alex Alex Earl and creating a get ready with me,
or, you know, being, having some, you know, skit or thing that you create on the internet that
defines your career is being early to a platform. That's it. Jake Paul, Logan Paul, all them guys
were early to Vine. Mr. Beast was early to YouTube. You know, Addison Rae, Charlie D'Amelio, all of them,
they were early to fucking TikTok.
You know, the guys that, you know, XQC.
And the Numa Numa guy was early to fucking YouTube,
but we don't talk about it because he didn't fucking print off it.
Yeah, well, he didn't pan out.
Now, not everyone's going to pan out.
That's early, but there will be people that make it
because of being early here.
Like, that's a show.
Yeah, I'm with you.
If we want to say that the first
few people that do this successfully will make money i fully agree with that like that's not
like a like but use this as like pump fund being a marketplace and like using the argument of like
people say like i don't want to pay this much fees to ebay and then a new marketplace comes
up and the fees are half of ebay and that's their entire selling point that doesn't work when you
don't have eyes on it you have 10 10,000 of a product to move.
Only eBay can make that work.
It's kind of the same shit.
That's what we have in like crypto Twitter.
Yeah, they're just repositioning the eyes.
It's, you know, PumpFun has 300,000 daily active users
visiting their platform and visiting that homepage.
Revamping that homepage
and putting the creators of the live streamers
front and center i mean there's
seven million people live streaming on twitch there is about and how many people are on how
many people show up to the pop like what are the fucking clicks on a fucking home page you're
competing with like 25 real bodies as a creator just making a bet that like point set match huh
i said point set match.
Yeah, but like there's 25 real bodies.
So if you have a platform that can essentially ascend to even a quarter, a tenth of what Twitch or Kick are, the amount of viewership, 300,000 daily active users coming on homepage and you're competing with 25 people.
That's like owning a business in a city where 300,000 people walk down the block and you're only competing with 25 businesses
and they're all different niches. You better open up a store.
No, that's like launching a cell phone and going on Shark Tank and saying,
if I can just get 10% of what Apple has, I'll be doing great.
Yeah, no, no, no, not really though. Not really because I mean it really really basically is
Well, what i've learned from this is that we actually want the same thing
Like if you listen to what we're saying, we're technically on the same page and I have to agree with one thing
Chicago said is that this actually could backfire
I'm, not going to be like too biased on it and say that that's not a possibility
It could be a massive off-boarding event, right? I'm not going to be an idiot and be like, no, that's not going to be too biased on it and say that's not a possibility.
It could be a massive off-boarding event.
I'm not going to be an idiot and be like, no, that's not going to happen.
That could happen.
But at the end of the day, what side do you want to be on?
Are we here to build?
It just depends what type of builder you are.
Steve Jobs said it really well.
You want to build fast. You want to to break things you want to reiterate quickly i do agree by the way just who's talking just right now it's shogun apparently yeah so like that could happen and i don't want to
compare it to like what happened with nfts if anything this could make a probably bigger splash
right but at this point like this is definitely going to be the future like streaming
is the controls the future streaming is the current it's not the future it's already the
current for the foreseeable future for at least for the next couple years probably got ruined
during covid there's nothing on netflix and people move their attention to your whatever
you guys call it ipad era i'm with you i don't see kids fucking talking about what's on fucking
what's coming out at the movie theater it's five movies a year that a kid cares about there's something on
their ipad all day long that's why they live in roblox i'm not i'm not you know and live on kaisen
on live on mr beast and logan paul and whatever the fuck it is that's hot at the fucking moment
you know it's why there's a kid who opened up fucking toys and made 50 million dollars and
put his toy like i'm not i mean i'm with you on like people like things they can relate to and sometimes the more natural is web 3 is changing it this is
our chance to change it right so youtube google paid the creators handsomely that's how everyone
made a fat bag facebook and instagram paid jack shit like you could have had millions of followers
and you were getting paid pennies right tiktok came and ate their lunch now twitch and
kick which by the way twitch justin con that's another ex google guy they are taking everybody's
lunch now web 3 is coming and saying checkmate not only am i gonna pay more but i'm gonna pay
the fucking audience that's our claim to fame that might crash and fail what i'm saying is if
somebody figures out that blueprint i'm pretty pretty confident that's going to change the game forever because that's what Web3 does.
I don't see how we do it without ads because you keep bringing up the – like people pay to subscribe to Twitch and YouTube.
That represents 30% or less of their revenue.
The other 70 is out.
The other 70 is that.
I want to grow streaming.
And he says, for every person who comes on this streaming platform, I will give you this amount as a reward in the coin.
Then that's how you grow it.
That's how you give the money to the people who are consuming the content, not just making the content.
I'm with you on that.
Same way that any platform could come out right now and pay people.
And the way they do it generally, it's like RDC said, is ads.
If somebody says, I want to grow it, this is like Uber losing money for fucking 20 years,
but nobody's losing money.
Like the cost of acquisition is positive in this case, unless you're going to say like
Elon's going to fucking rip.
Oh, you're right.
You're right.
But he's sitting on a massive cash.
He's sitting on a cash cow.
But here's the thing.
When somebody tweets Jew mode active, do you really think that motherfucker's giving back
all the fucking money as a charity?
Okay.
Well, one sec, the one sec, let's's just i wanted to just say this point right so zuck
zuckerberg right the reason why facebook started to decline is because he got comfortable they
didn't feel like they needed to pay the creators and even when tick tock came even though like they
bought uh bite dance bought um vine right it was happening for a while and they didn't make a move.
What I'm saying is, is that web three is realizing that there's that second opportunity,
that second wave, and I'm going to support pump fund, whether I agree with Alon or not,
I'm, I don't agree with this political stance. It has nothing to do with that. What I'm saying is
we're all participating
in crypto this could crash and burn right this could be a massive on offboarding event but in
the event this goes right then it's gonna in my opinion it might change like the way the bear
markets are forever i know we're gonna have a crash we're probably having a fucking pending
commercial real estate crash there's gonna be black swans but in the event that this actually succeeds it's going to
change people's perception of crypto like that is an undeniable fact the details of how we do that
we can argue in semantics all day long but i think it's a noble attempt i don't want to compare this
to nfts like yes that bubble was a terrible thing that happened to crypto,
and it actually proceeded with a bunch of people saying everything in here is a scam.
So did Ethereum Max.
That was a huge offboarding event.
All that bullshit in that previous cycle with all those ETH pump and dumps,
that extracted way more fucking money than anything that's happened on
Solana so far. If anything, this has actually been giving more people opportunity to make money.
What I'm saying is one of these creators is going to succeed. He's going to make money. His audience
is going to make money. And then everybody that is one degree of separation away from that is going
to start whispering, Hey, by the way, did you hear about this?
Did you see this?
Let's go check it out.
And it's going to be a trickle effect.
That's what I want to accelerate, right?
I agree we might crash the car.
And I agree with Chicago.
The risk of this actually backfiring on us is very high.
But does that mean we shouldn't take the risk?
The people that change the world are the ones that are crazy enough to believe that they can do it.
And that's why I'm in crypto.
We're early adopters.
We may as well give it a fucking kick.
Kick the can, bro.
Do it.
Let's just fucking do it.
Didn't this already happen with other creators?
Nobody's saying not try it out.
He's telling you to create regular media.
I know, I know.
I'm like being devil's advocate like the reason i hated crypto
so long before fucking i got bored during covet was because everybody's narrative that they wanted
to push on why this works is to fucking defund the government and the bank like that ain't gonna
happen they'll fucking nuke everybody before we ever got there and that's why regulation needs
to be here like the only difference between what happened the nft era and this is they didn't yell
jume mode active they just did it I just think that we've seen creators
try this before and we call
anybody a creator nowadays since we've
dubbed that sort of anyone that can create
an art of some sort that we can appreciate.
Yeezy came in,
we've seen various rappers
rug their communities
or our communities more so than their communities
but fool their communities into thinking
there was a future for their product on chain.
Like we saw in music NFTs,
just because the pandemic took away touring.
Like what about Tory lanes though?
What about Tory lanes?
what Tory lanes did with music was a little different,
right?
Because what he did was sell.
That's why they put him in jail,
bro.
They put him in jail because no,
That's,
that's a little, there's a little more to that fucking
story yeah that's some that's some tinfoil hat shit which i can appreciate but at the end of
the day like toy lanes did something different he took the dollar model right just like uh that
dude in england who couldn't sell his house for a million dollars so he did a raffle for
a dollar a ticket and he ended up getting two million dollars. No, but that's decentralization. Everyone was able to eat on his album.
I'm not, I'm not saying, he was a threat to the music industry.
I'm not saying.
Well, not everybody, not everybody ate on his album. It was just a niche that worked
that he made a lot of money off his album.
Correct. Exactly. Thank you.
And then what, and then what happened? Justin Blau fucking came in with the bullshit pipe dream
to a bunch of artists that need money. And he fucking showed that that shit won't work.
Same way if you try to raffle a house in america without being a charity or having a fucking
gambling license you can't do that and you're going to get rocked in the end correct but that's
another piece of it like but the only point i was trying to make was is like we've seen this before
we're just this is a fucking pig dressed up in makeup but at the same time we need to keep
iterating this is just another iteration and maybe maybe you're right maybe it crashes the
car in some instances but like it's no worse than yeezy trying to call himself you know a nazi and
then try to raise capital around being that you know through the food block gain and then
rugging everybody this is nowhere near the same as fucking kanye fucking going a little erratic
because he fucking got a divorce his mom's gone and the fucking jews tried to take his money i'm
just saying like in general being a creator and having that much influence and then using crypto as an outlet to try to monetize
is is an example of a creator trying to capitalize off of this market right so i'm not arguing it
reminds me it reminds me more of charles hoskins with his i'm gonna bank the unbanked in africa
movement when in reality it was just a smoke screen for, they tracked 32% of the transactions digitally that go through Africa.
The rest is hand to hand. Like it might be 35 now, but it was 30, 32 at the time. Right. And so,
oh, we're going to bank the unbanked. No, you're not. You're going to put everybody on a digital
scale so you can track and control their money. Like you, you keep like this thing where we're
going to beat the system. And that's like, this isn't about beating the system as so much as you're
right you're trying to break the business model of a larger company take all their users you're
not trying to take all these users you're not okay what it means to no inventing is to create from new you don't reinvent all you're doing is taking
someone else's idea and attaching a coin to it and saying it's a we're gonna give this we're
gonna give these guys all their money back it's not like that any value in regular art that you
look at the wall it's not on change i got a i got a seven figure art collection in physical and i
don't believe in digital art i think it's's all fucking stupid, so go ahead and ask me.
Well, so yeah, if you don't think that that is a valid, I guess, investment, then that's speculative, though, right?
I think digital art and sports cards are a fucking issue.
No, no, but I think they are, because you can't—
I mean, I own original Voltaire's and shit like that, if that's what you're talking about.
Those are books.
I know those aren't very fundamental.
The oldest piece I think I have is the 10th century.
We're a more
mature class of
investors. What we're doing
is paving the way for the next generation.
I'd say we're
fucking far from more mature than the fucking
regular art scene, but anyways.
I won't even accept that.
I'm not talking about traditional art collectors i'm
talking about then we're paving the way for the next generation to have a difference a different
medium of collectible and if it means that it's digital in some capacity again we have to fail
so that way we can actually allow for something to thrive that's the first time and only where's
the where's the art in this one like where are we
using it like i'm the pokemon argument no no no the pokemon argument or the nft argument or stuff
like that and trying to say people are going to collect digital i'm fine with somebody thinking
that that's the future and if i'm ever wrong on that i'll eat my fucking words but in the meantime
like that's not really the case what is this inventing that's like changing anything i wouldn't
say that it's inventing it's creating it's creating a symbiotic relationship between your audience
right and if you talk to the record labels and I know none of you are you
know that passionate about the music industry unless you can take well let's
talk music like arts fucking secondary like I made all my money and fucking
the music industry okay then you and I need to offline but that said you know
what I'm what I'm really getting at is that the labels are starting to realize
that they're just banks wrapped in creative creative services.
Right. And so they need to figure out a new solution before more independence happens.
And you see logic and you see rust.
Independence can't happen because they paid the fucking government and live nations the fucking cabal and they own 246 venues.
The food and beverage inside the venue.
My point. Look what the All-american rejects look what the all-american rejects just saved their
whole fucking career by doing house party concerts and going viral on the internet so if they wanted
to launch a fucking crypto token i guarantee all the kids that were gen z who have that interest
in being a part of that ecosystem could ape in and it would change the game for them but that's
like here listen let's let's use the realistic one like la russell's trying to fucking reinvent that
in a way that he doesn't have chance the rapper's dad to do it and like that doesn't mean that he
can break live nation that just means that he can work he's the nba young boy he's the chance of the
day la russell's a fucking beast he just sold out fucking two nights in his backyard at a thousand
dollars a ticket but that's not going to change the music industry. That's just going to give a little inspiration to people the same way Chance
or fucking Youngboy did. They're going to realize that it's an anomaly. That's it. It's an anomaly
for the people who win, but it's not changing the system. The only way to really change the system
is to break Live Nation and make them fucking go on their fucking debt that they've been fucking
running against. Or artists to stop signing record deals. Or artists to stop signing.
Yeah, sure. but that's like
Fish fucking, that's like Fish fans saying, we're not
going to fucking pay the secondary when a show's sold
out and they know damn well they're going to go.
Like, oh yeah, if we all don't go to the concert,
if we all don't go to the concert, then we can all do this.
We'll stand in the parking lot. I know, but the record labels
don't own public parks where you can get
permits, right? So there's ways that you...
Yeah, but that's the thing is they'll
just stop declining. Like, you don't understand the level of lobbying that's the thing is they'll just stop decline like you
don't understand the level of lobbying that they could do they could just shut that whole
live nation is true june mode actor i get i get i ain't got shit on live it's definitely a mafia
we're talking about music now i'm sorry with ccm but personally i love june mode i think it's a
cool i think it's alan's way of being a little elon uh i kind of like it i think it's a cool, I think it's Alan's way of being a little Elon. I kind of like it.
I think it's a way of gaslighting saying he's a piece of shit.
No, but Steve, Steve, like one of the creators
in the base house is an artist who's using a token
to fuel his streams.
Yeah, yeah, like Wish with his music, but I mean,
listen,
at the end of the day, everyone thinks Elon's
an asshole.
I don't, I think he's a fucking genius.
Yeah, but...
You're on the bigger
you get you're on a platform pushing your narrative that if it weren't for fucking him
we wouldn't have this and we'd be in some fucking real 100 100 and you know i don't want to i don't
need more money in life but the reason i want elon's fucking money is so i can be that fucking
level of fucking petty that's all i think that's what alan's chasing too. Cause if Alan, I don't,
I think he's looking to fucking do what Zuckerberg does.
He just realized he's got a little more time before he takes it easy and
takes that money.
real quick though,
real quick.
Good money.
Like,
don't get me wrong.
They,
he's made more money than 99.9% of the people in this world make,
but I think he understands what's on the table is being one of the richest,
most powerful people people not only in
crypto but in the world like stake level money like no you haven't you haven't been to china
there's not real rich the real rich people aren't even public man there's some wild
two billion liquid in a short amount of time puts you on a platform that's above a lot of these
people who are fucking over leveraged and not sitting i mean like this is liquid money that's
why i say open c was the greatest fucking company to come out of this
space because they realized they can do the mvp yeah they're sitting on a lot of cash creator
capital markets lands and he has the amount of people or even a half of the amount of people
streaming on pump fund that twitch or kick does and it's all through tokens he will fucking eat
their lunch sure that's yeah listen i'll use my
favorite one if your aunt had a cock she'd be your uncle okay one thing one thing right one thing i
didn't hear it get mentioned is where we cannot count out the the little guy the little creator
the obscure person with no following just a few people watching them that we can't count that out because i've seen it
happen right like i've seen it happen with meme coin communities that literally don't have a market
cap but they're just fucking convicted and they just sit and they work hard and it takes them
weeks and months before anything materializes right what i What I'm saying is, is you cannot count out
that dream, right? Those people are going to go and do that regardless of pump fun is here or not.
They're going to go to one of the competitors, Twitch or kick. And by the way, you can stream
on all the other social media platforms too, right? Every other social media platform is doing
everything they can to become a streaming platform that's inevitably
happening as we signal that's a signal but like the same way that but no chicago chicago that's
not what i'm saying what i'm saying is but here's the difference here's the difference with web 3
right i'm not just throwing out like buzzwords i'm saying with crypto you flip that business
model on its head so if they're gonna hustle if its head. So if they're going to hustle, if they're going to work, if they're going to put that time in anyway, this wins.
This gives that newer creator, the obscure one, the one that is brand new.
Like, I'm not just going to say I seem, but like he is an example of a kid that just a random motherfucking kid.
a kid that just a random motherfucking kid.
I got nothing against him.
I got nothing against him.
I don't really watch your streams either,
but I'm just saying a random fucking kid is going to be able to put the hustle in.
And if he wants it hard enough,
he just needs one clipper to make that motherfucker go viral.
Next thing you know, next month, there's a thousand people watching him.
And then the next month there's 1500 people and then 2000,
and then it grows and it compounds.
What I'm saying is if you count those people out, you're not looking at the
