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Creator Coin Drama - Rekt Radio #117
Recorded: Sept. 3, 2025 Duration: 1:00:30Space Recording
Full Transcription
last time i saw you guys i don't know what episode this is honestly no clue but i haven't seen your
face in a month kbm like genuinely you don't he turns up to every single call that we do
face off like there's been general worry about what kbn looked like for the last month
yeah well i look at the same we are trying to get out a health goal regimen you know
uh what is it i'm trying to think of some like cool alliteration for september like
slim down september i'm down september it's a bumble right slim down yeah i think I'm gonna go to the gumball for a couple days so what's
what's bumble gumball is the rally that we're sponsoring across Europe I'm not
allowed to go all I have is slim down for bumble and I was just
schoolboy humor from you consistently right That's what you bring to the table.
Yeah, so I, as a friend and as a fellow manager of the business,
was like to KBM, look, me and you,
we're going to do like a health thing.
I create an Excel thing of like body weight,
body fat percentage and strain.
And I put it in his diary that we'd meet every Wednesday
at 7.30am.
We'd go through it all.
The KPM was like, yeah, I really want to get into this.
He's missed three weeks in a row.
Three weeks in a row, he's just cancelled at the last minute.
Haven't seen it since.
Yeah.
Yeah.
Needless to say, slimmed down September hasn't started hot.
But it was August.
Now we're back, though.
I'm feeling good
i am feeling good you look good yeah i'm back on cameras i'm back uh but no here we are i haven't
been paying attention to the markets i don't know what the hell's going on there don't worry about
crazy shit going on recently yeah cook's been been canceled for about the third time since he came on as a co-host. It's a new one.
It's a new one.
I'm already back.
My name is...
I saw Clement video.
He's not being very nice to you.
I was like, what the...
Did the video?
Did the guys not like you?
I thought you guys were okay with each other.
I think Yeezy likes me.
We talk about trades and stuff on the timeline.
I mean, they might not like me, but they respect me.
That's the thing.
Nine more after this one.
I got a tweet for you to read about Grave Dancing
and why I get more of it than everyone.
We'll scroll the timeline.
You'll see it.
But, yeah, it's not really too hard to figure out what's
what's happening and why it happens this way to me they're going to celebrate gainzy for a misclick
but they're going to grade dance me all day and make videos right it's a little weird can you
explain this misclick thing to me what what happened he just missed and full stats let's
stick with kook first let's not go straight to taking shots okay do you want me tell us the piece about laughing yeah yeah because
it's not about like 4 a.m where you are as well where i am yeah so this is what happened um
yeah it's so i i clicked a bad link is the tldr but uh how did it happen i mean the first thing
i try to be really really safe like i stopped clicking links about a year ago like full stop my telegram is completely
locked down they cost money to message me that's just to keep scammers out and
keep messages out I don't answer messages it's hard to get ahold of me in
DMs don't click anything if you're a contact you can DM me so I was socially
engineered into clicking a notion and I actually asked Rock if the link was okay.
I'm a boomer, so that was my DD.
Basically, a trusted contact had gone through another
trusted contact that I know, and some team wanted to meet me
and they wanted to know what I thought about this protocol
for a potential deal, not a shit coin.
It was some kind of a private equity
launch pad or whatever. I was never even in the group. You know, my guy was talking to them about
it and decided it sounded kind of cool. He sent me the details from them, which was like their
Twitter account and a blurb about the project and a notion. And I read this stuff. I looked at their
account. I'm like, all right, it's interesting enough to click the Notion link.
And so I never do that on my computer.
I do it on like an old phone.
And I asked Brock, he said, the link's clean.
It's a Notion link.
And I clicked it.
And then it opens up.
It lands on like a Notion page, read the little thing, decided it was kind of, I'm like,
this is kind of iffy.
I don't know.
Like it's not going to work. Like like I said it was like a launch pad for
launching like private equity type stuff read it closed it that was pretty late
like it was around midnight or something I went to bed and then I got woken up
like I had what man I don't know 700 missed calls from 50 people and
eventually I got woken up my phone's always on silent, but
Yeah, and then it was just mayhem trying to figure out what was going on, but basically clicking the notion link
Took that phone was logged into X and so it took the session token and a guy helped me this morning
Like once I was figuring it out
I noticed that there was these active sessions when I went into twitter trying to figure out what's going on and this is like 4 30 a.m they're still
posting and like deleting posting deleting and uh i saw like pump fun mobile app session and i'm
like what the fuck like i never downloaded the pump fun app i've never used it it looks cool
like i'm not fighting it i just whatever i'm not really like deep in the trenches right now i haven't
used the app and i went in to look at open sessions like in the twitter settings and there was like
a bunch of them and so i just closed them all like there's a button to like log out all sessions
um and that got them out then i re-logged in my own sessions or whatever and so then they're
out of my twitter and then i talked to a guy like security guy, and I was like deconstructing
what happened. And I didn't know it was the notion link at this point. It's not like it came up with
a flashing warning saying, this is a scam. And I sent the guy like the only thing I did weird
was click this link, and I sent it to him. And he like analyzed it. And he actually sent me back a
video of and like slowed it down. And the link like went to some weird URL and then redirects the notion and
Then he explained to me how it like took the session token and took cookies and all this stuff
So I had to like go wipe all that stuff, but basically yeah, it's the LDR bad link like
Scams are crazy. Oh, man. You can just click a link and it just takes over your Twitter?
It, I guess, gave them some kind of active session token.
Like if you go into your settings, you can see like Chrome and the location and like the app,
like anything that has access to your Twitter.
And so it added like the scammers device or whatever, I guess.
And then they could post and they could like delete posts and then they could log into
pump fun as my Twitter account.
And that's why they were saying like there was posts like when it was happening, there
was posts being like, it's his wallet.
Like, here's the proof.
Here's his account on pump fun and all this stuff.
And they were the wallets that were being used by my account, air quotes on pump fun.
But none of it was me.
And then, yeah, I kicked him out.
So like it should all be clean now.
And now I'm back to, I think I'll never click a link again.
And for anybody listening, like these scams are crazy.
And I'm not even, I don't click links.
I don't meet new people.
I don't go into groups.
Like I'm pretty locked down on this stuff.
I think for people mid-sized in crypto where you're like doing a lot of that
and clicking a lot of the different links and doing stuff like you got to be really really careful
I'm shocked. I got scammed this way to be honest a little embarrassing
I feel really bad for anybody that got scammed by the stuff that was posted. I'm really sorry
But yeah, that's what happened man
It was an ocean link and grok told me it was good
But it's not like I expect rock to really know right the guy who handled it after was like yeah
This is what happened in great detail.
Showed it to me.
Yeah, I just, I think some people are just never going to believe this sort of stuff, right?
Like, you do think you are a bit of a public enemy, but I do think that that is a, I can imagine that happening.
And, like, I also think that now, I was about a bit more like because of the link in the
pump fund anyone's whose account actually does get hacked they're gonna do this right yeah this
will be a big scam and obviously i would they'll create a coin and i would be a pretty big target
like it's right after mitch's coin launched right and it just flew like that was a great launch like the coin's sick i actually bought it like and so if i was a scammer i'd be trying to target other guys to launch a
coin on the back of that so like you know that's the time to do it um but yeah it was like if
there's any doubt even when i was getting them out like some guy had already written a big post
uh doing some forensics on the wallets and and they traced it back to wallets that have hacked Twitters
and launched other scams in the past, like in this network of wallets.
So it's pretty definitive it's not me.
You'll still get haters being like, oh, whatever.
But I wrote a post about why that is.
I think it's pretty undeniable.
I've never seen somebody get so much hate, bro, so much grave dancing.
Why would they talk about a guy who doesn't even make the twitter list
All day
This is top 5 status
It's undeniable
We've got time to get to that
I think people don't like the paid shills
That's what they don't like
But I've always been like
As you always say it's like a filter
You've got to understand the takes with the shills.
I think you have really good takes.
That just means that whenever anything happens,
people are going to come for you.
They already have a number of times
even since I came on the show.
Dude, it's
happened way before I came on this show.
This has been... I don't know how I grew.
A year and a half ago, I had 9,000 followers.
I have zero bots.
They're just all one by one.
I don't do any engagement games.
I don't even cooperate with the Wagmy people
trying to collectively grow all their accounts.
I'm just an individual.
And so that's got to be frustrating to watch, bro.
So then we had the second thing of the day which actually just happened when we went
live which was absolutely insane uh it appears gainsy was sniping his own token yesterday
well he's buying his own token on how else you call it and then went to sell it today is that what happened and he only
meant to sell a little bit and then sold a lot what did i what did i miss about that
honestly like i'm out of loop but i'm i'm in private chats with him obviously and uh he said
he literally just mis-clicked on his phone i mean i'm sure that's true
it is true he's not lying he full stacked in a second oh no it's five months ago
can we just appreciate for a second that you guys are instantly 100 sure that it gains you miss click it's totally fine it was an accident it has to be has to be has to be and even now
you're like oh well they're not going to believe you kook like the kook misclick is everybody wants i'm just telling
you the situation all right i believe you and i'm saying it's pretty it's it's interesting
i'm telling you the realities of we all are like i came on and said look i definitely think you got
hacked i've told you that i don't think you're you're like that but the timeline is the timeline
and they want to believe gainsy and you get the grave dancing but i do think that you're right to pull it out i think
it's close i'm not i'm not complaining about it i think he's but did he buy it back i mean he might
have i don't know um i mean i know him personally they wouldn't do this but yeah i mean the same
with kook so the timeline is the timeline though that is a fucking
hilarious play though just like what the thing i don't get is that i guess the circumstantial
evidence around this as well is like gainsy is perhaps one of the only accounts that could
really benefit from this change to like pump fund like probably in the top two right him and mitch
would be like okay these guys can really gain from these creative fees and all that and he's essentially the next day turned around he makes more money off the
noob right it's volume based dynamic piece so now i'm going back up it's gonna make more money
here we go yeah there you go it was a whole it was a ploy to get the uh the volume maybe you know there's there i can i can
see why you can you can see that sort of incentive i yeah i like gainsy i'm sure he missed things
i'm just saying it's an interesting contrast the way that they treated gainsy misclick and
a kook misclick that's all yeah i would say objectively clicking a wrong notion link from
a social engineering not quite the same as dumping your own coin, a misclick.
Well, here's the thing.
Mine is objectively proven to be a hack, and his can't be.
To believe it was a misclick, you have to just trust the man, right?
Whereas mine, it's already, some guy already traced it to all these scam wallets, a scam network, running other rugs.
Like, it's a some guy already traced it to all these scam wallets a scam network running other rucks like it's it's it's a fact man you know they don't want to believe the fact but they
want to trust gainsy i'm just saying it's interesting that's all i believe i'm actually
really scared about your thing though because and i said this like imagine osf if you got you click
one of these links right they just create a pump fun coin same for you kbm same for me i mean i've already done it bro mine i'm too washed it wouldn't even go up no no it would the list
didn't make oh let's talk about the list then um kbm not on the list kook not on the list
that's not surprising to me osf fifth in the in the top tier i'm tier D on the list. Tier D, Mando 13th.
Now,
I go on ThreadGuy's show
quite a bit, so maybe there was a bit of that.
But what did you guys
make of the list? Because I would
agree that there were
some questionable characters on this list.
Wait, this was made by
ThreadGuy, right?
On fucking Sunday, ThreadG, right? This was made by Threadguy.
On fucking Sunday, Threadguy texted me,
come on the show this week.
I have it right here.
You didn't go.
That's why you're not on the list, bro. That's why you're not on the list, man.
He texted me on Sunday to come on the show.
And that was like, free list.
But the best thing, I ghosted him.
You got replaced by Frank.
So to be clear
If you would have got
1000% if you had responded to that
And got on the show KPM
You would have made it
I ghosted him I'm going to actually text him right now
You should be public with it
You should be public with that
That's incredible
I saw you Take umbrage to this
I actually watched what he said
and he basically said
someone in the comments said
OSF's too low, Mando's too high
and he responded
yeah, they're probably about even around 30
so I think we kind of just came in as who comes in more on his show
rather than anything from that.
But Cooke being off the list was actually a more controversial take
on the timeline.
I think he should have been on the list.
So what is the, I guess like the main question is,
what is this list?
Like what is it supposed to be?
Best traders on CT.
Hence Razmur is. Is it traders? right i don't know best traders on ct hence razzler is it
no it's not it's everything i think it's just broadly the best ct accounts yeah i think it's
valuable it's who you have seen as a valuable follow right okay i mean yeah i mean i don't think I should be on the list anymore. No, dude.
I was shocked. This is so bullish.
Yeah.
Now I just post about Yi.
So it's like, I guess that should be S tier then.
If I was to put together a top 10, I would actually think that it's the S tier I don't have that much of an issue with,
apart from like maybe one or two
like i think handsome is is probably the number one account on ct i do think he's called the market
not that well since he called it really well from the dip you know like solana was at 300
like this is going all the way back down but then kind of chopped himself up on like trying to call
the rebound and like like he was good good for height but he's definitely been relevant the whole time and i do think he should be number one kobe's obviously up there murad's
had quite a cycle like you can't deny it he does have some motion to him frank i think is the more
question one of there and then the rest of that list is i do think it's you know like yeah i know
some of those like with murad and bunk guy they have like belief coins
around them right and you could argue that that is like its own segment but they definitely made
people money um well check the chart for the bunk guy coins maybe you can cycle through 20 slides
yeah so but that happened to murad too right i i don't think the story is maybe over for bonkart
but i do think he's like he's had some motion about him like if you follow him at the right
times um undeniable undeniable but below that i think it does become a little bit like
some of these i wouldn't really put as as high for sure who would be in your top five you think
who's your top five kook because i reckon
your top five is kind of an interesting top five because it wouldn't be the standard ones
um no i mean ansem's the goat right like i got ansem at the top for sure um i think it's yeah
whether he he had a couple missteps with the after the top he nailed the soul trade like from the
bottom of the bear market and like he brought so many people to crypto and memes.
Everybody who made money on memes, Anson is a part of that.
I think he's a good guy.
He's smart.
He's exciting.
He's positive.
He's entertaining.
He's the GOAT for sure.
Undeniable.
I was happy to see him in number one.
I would have had a big issue if it wasn't him.
And I mean, after that top five,
it's kind of put me on the spot a bit.
But Kobe, yeah, that makes sense to me.
I don't know about Murat or Frank.
Like, Maine, yeah, like the top 10, pretty good.
Flood, I don't know.
Lesser known, maybe not top 10.
But yeah, Anson and Kobe,
like it's easier to say Anson should be number one.
I think like the ones i've actually followed and i thought of had good calls for the last year or so it may
be controversial but i think moon overlord's actually been very good he's called a lot of
things he's kind of a bit of a marmite character but if you actually follow some of the stuff he's
been involved in he's been he's actually bro he bought the top he used to be in
my comments as a reply guy like he's really up bro he bought the top on ordinals and kept telling
me how everybody was going to go bitcoin artifacts and all this stuff and like i just sold out of
this stuff is this yeah i i unfollowed that guy about two years ago because he just chatted garbage
and he he's one of those guys who just
says about a billion things but only gets remembered for like the handful of things
he writes on but you can say a billion things and be right on like one of them right or three of them
um so i think personally he's not a good follow the thing is a lot of these guys are just cool
guys and i like following people with takes this is my point about this like i there's not often that i see
like a lot of these guys are just one trade sort of people or they don't have takes on the market
what i like is i think he actually has takes and and i find that useful yeah he has a billion takes
and they're all they're always like most of them are wrong like you know what i mean he just he
just gets remembered for like a handful of takes that were right
but then there's so many that were wrong
so who's your guy for takes
then who do you like
you actually have quite a strange
like if it's not Tommy Robinson
who else do you follow
but OSF is like
he's ready
he's ready to join the protests
On the 13th of September
I'm going through a moment in my life right now
Oh you should see my chat
This is world issues more than crypto
I'm with you
You know who
Kuk would get on quite well with actually
Kali
Oh 1000% we have to make that introduction
That's a connection that needs to be made um he's the other co-founder
of canary labs uh also also of of that sort of uh ilk let's say uh yeah who's your top five i think
uh i really like this is a very underrated guy called Saint Pump. Saint underscore Pump.
Yeah, finance guy, right?
Yeah, he was like top on Binance or whatever.
I think he has pretty good takes.
He seems to be right more often than not.
I really like Nachi, Alpha with hat.
He's had good takes and good calls.
And he's another like Binance top trader.
These are the guys who are actually swinging around like massive size um naturally yeah yeah naturally alpha with hat um
high stakes cap he's got to be up there i was surprised he wasn't on the list
yeah and then yeah for sure and then who's that guy um rhino i like rhinos takes a while battle l battle rhino he's pretty good yeah yeah he's he's
his he's often like long short long short stuff and he's generally like i think on the money
those three guys i think are sort of a bit more underrated because they're not like
they're not really engagement farmers they're not not really shitposts. They sort of are in the
lower...
They're not over the 100k range
in terms of followers, but I think those guys
in my opinion
are pretty good.
I mean, this list,
this tier list is not necessarily
the best alpha. I think it's just
generally people who are worth the follow, whether they
provide comedic value, whether they're good at shit posting whether they like zach xbt
um and on the whole in terms of i my take on this list is on the whole in terms of like
current like how current this list is it's pretty current like sure yeah it's missing some
big people but you know like what's the point of putting gcr on this list if he's not tweeting right it's not going to help anyone out yeah so um i do think this is
actually a pretty good list of people like there isn't i actually a lot of people like oh you know
this list is so weird but there isn't anyone on the system i wouldn't follow i think
or i don't follow um whether i follow them because they're
funny or whether i follow them because they're a bit too outlandish whether i follow them because
i think they're a good trader like i think it's i think it's a good list to be honest like i and
this is why i like you as a follow kbm like if you are stuck on ct a lot of it is just bull posting, like you said.
And so some of my favorite follows
are either people who are early to narratives, right?
And they can crash out and be completely wrong.
Like we just spoke about Moon Overlord.
He's been early to some things.
He gets it wrong other times.
I also think you're very early to narratives, Coop.
So like you're a great follow for me.
And I would say someone like icobe's
has been pretty early to a few things this this year it's they're not like you can't make millions
on it but they're often like good farming opportunities are like what's coming up so
he's been a good follow and then it's like contrarian people not just people that are
bull posting the whole time so like i like kbm because he looks at macro and so when he's when
he's tweeting about like oh tech stocks like overvalued or this is going to happen.
Yeah, you're not always right.
But I like to have that in my rear view mirror at all times.
Like, oh, okay, this could happen.
The other person that people I find like are contrarian.
I mean, Cole is not a terrible person
to follow for that sort of stuff.
Like he is pretty contrarian when you want him to be.
I think high sticks capital also goes both ways quite a lot.
And I like that about him.
So like he knows when he's like,
you know,
I'm not that bullish on the market right now.
And I think that that helps.
Maine does as well.
I would say,
but he,
I think he's playing for smaller wins often
rather than like big trades.
He's often looking for like not my sort of trading style,
I would say.
And then maybe like Thickey.
Thickey's a good follow.
Like he does that sort of stuff,
like more detailed oriented stuff about.
Those would be amongst my like, okay, well,
but like all of CT is is just bullish so like you
kind of want to have my best followers are often the followers where it's like they're more contrarian
and you want to always follow that or they're early early or contrarian i always tend to find
the best follows you guys have any other accounts like that you think are early to stuff or contrarian
well capo i will say oh my god it's wrong
he's just wrong isn't he he's not even contrarian
poor guy he still has me blocked because I asked him how he was doing
after things rallied a little bit in 2022 off the lows.
And then he blocked me.
So I just said, hey, how are you doing?
I think Capo could be a psyop.
But yeah, Amanda, I agree with you.
I think I always had this, or maybe I developed it over time.
But when it comes to investing, I'm naturally a permeable. I'm with you. I think like I always had this or maybe I developed it over time. But when it comes to investing, I'm naturally a permeable. Like I'm always bullish. And I agree with you,
CT is always bullish. And somehow the majority of CT, it's like whether you're bullish or bearish,
people treat it almost like a religion. Like if I post like a bearish tape, they're like,
but you were bullish a month ago. And like they come for me in my comments.
And where I'm going with this is, that's why i was surprised kbm wasn't on the list because i value
following kbm even though he's a perma bear um it's it's intelligently no i'm you're not a
perma bear but like you're you have to see yeah that's why i like the posts though dude honestly
yeah that's what i mean like if i'm naturally naturally a permit a permable and I'm always surrounded by this bullish information on CT and like in
financials like you can seek out
Anything to confirm your own bias
And so I specifically try that also mix in things that are against my bias and you want the best information that's against your bias
so yeah, like you're very valuable
as an occasional bear posting account to me.
And you need that.
So I find that kind of thing really valuable.
And that should have been on the list for that.
At the very least, you're like one of 10 bears on CT
and you're like probably the smartest one.
Yeah, I would agree that like not always bearish,
but publicly bearish, think is is quite uh
it's quite important there and i think this there's only a there's a few others who like
trade up and down like more of the levered traders type like the exo and uh you know that that that
sort of crew but they're not as good follows i don't think it's like general takes but it's
interesting like he got a lot of for this for like the
audience watching were like no we want we want like the trenches like who's the trenches to follow
and like the new crop of ct is just like so opposite to the to the old group right like
bro it's it's woke and then it swung super right like wag me era
like if you remember nfts was just wag me whoa like lgbtq ct basically and the trenchers like
the new generation of zoomer trenchers are just like aggressive mean violent trolls it's like the
furthest right you can go on ct it's just the pendulum swinging I like both well no I don't like the wag me shit even though the
the violent trolls attack me sometimes it's cool I like it yeah I I yeah look
at this this this was this was the CT list from last cycle I didn't know like
any of these people I No, come on.
Go back.
I know like 10 of them.
Dan Robinson?
Vitalik?
Who the hell is Dan Robinson?
Yeah, Bitcoin bull.
Taron Chutra is the DC guy.
I mean, a lot of these are SPF
basically related,
but these are more
theoretical sort of guys. I actually don't think these are the best traders to follow but these are more, these are more like theoretical sort of guys.
I actually don't think these are the best traders to follow apart from
maybe Suzu.
And obviously that doesn't work out well all the time.
I do think this was more of a trading list to follow,
but I also think that the next list,
like they wanted like fucking Copsie as like number one to follow.
I mean, that's purely for trenches, right?
Right, but that's what all the new guys are doing.
Yeah.
Or at least that's what it's about.
It's crazy, isn't it?
Like imagine if you got into crypto
in the last 12 months
and all you really know is trenching
and you missed like the days of just you know nft mania or like being able to buy something like pepe or doge which just
went crazy and parabolic and like you didn't have to spend like 27 hours a day like in front of your
screens grinding like you would just come in literally buy anything and it would go up 100x
all you had to do was hold like it just used to be like
so easy and all these guys think they have to like i don't know i think that the new like
it's hard out there now yeah it's just change the game's changed so much the game's gone
the game's gone yeah the game's gone well the game will come back. I have a take on that.
Yeah, I look at it like this.
So I think I wrote about this yesterday.
But 2025 trenchers are the equivalent of summer 2022 or 2023 cartoon people.
People that come into crypto in a particular meta or a particular bull cycle, often most of those people are going to fall in love with the thing that brought them success and kept them there and so the hardcore trenches now like they most of them probably won't ever step outside of the trenches and because of that
they will miss the next exponential wealth creation meta and crypto just like cartoon maxis
missed memes the form that memes took in the trenches like if you were in telegram in
the trenches in fall 2023 and fall 2024 and you saw with and you recognized what it was going to
kick off shout out the gcr because he talks about that in this tweet from years ago where as soon
as you notice the trend like max your capital put on the gas and as people are realizing slowly over
time as the cycle goes on they're shoving more
and more capital in and that's when you're pulling your foot off the gas you have to be nimble and
keep an open mind to do that and so cartoon people didn't transition very well to memes
and i don't think that trench people will transition very well to next thing which could
be a while but there will be a next thing all we ever do is redress the ponzi so let's talk about that about the next
thing because this week i think prediction markets continue to be there i think we we did a big
segment on that last last week i don't think we necessarily need to go into it again but it's
definitely like been of interest to a number of different people but this week another thing that
you mentioned kook uh which has been a good follow, has been tokenized Pokemon cards.
This has now become the new thing.
Bro, what do you got to do to get on this list if I'm early to everything, bro?
But yeah, that's just a joke for you.
But RWAs, yeah, my view is that the only really good fit for our UAs and crypto is tokenized collectibles.
Collectibles are a $500 billion a year market, estimated 300 to 500 in the tweet.
And so tokenizing these and putting them on chain and cards specifically, you have a few
protocols now, and I allude to them in this.
The biggest one is called cards.
I think we already did all this
like two years ago.
We did a lot to like this.
They did it on Rally.
Rally did it,
but there was an issue
on tokenized shares
and it wasn't liquid.
Did we tokenize NFTs?
What the fuck?
No, but these...
They have your Pokemon...
You can go on.
I bought a bunch of Pokemon cards
and I write about this as an example.
I got some back there.
Sick.
I think Pokemon cards in the last 30 years or something, they're like the best performing asset that exists or something.
Don't quote me, but they outperform stocks for sure and a lot of other stuff.
But yeah, so I think it's the only market where like this RWA stuff on chain and the way that these protocols do it, they have your card sealed and graded and in a vault and climate controlled and whatever.
And you can list your NFT that represents the card on their marketplace or you can burn the NFT and they'll ship you the card.
And the point is, real life example, I've always thought Pokemon cards were cool and I always wanted to buy some.
But like entering that market Iirl is a bit difficult there's a lot of friction how do you do it how do you know how to buy the cards and like it's just something i wasn't going to do it
but now i can just go you get your gambling loot box fix too because you can go and like put money
in this gotcha i got a holographic charizard because i did a 500 spin in this gotcha, I got a holographic Charizard because I did a $500 spin in this like Pokemon
original base set gotcha and I was spinning them
looking for the good cards.
And this will actually bring like massive liquidity
to this market and massive amounts of new traders
and massive amounts of volume.
I think collectibles, yeah, best fit for RWA's.
Nothing's close.
It does feel like this is the trade the the protocol or the main
platform for this this is this cards coin is now just did a 6x in last 24 hours and a lot of people
are talking about this as what do you want to like own the cards in your house yourself i don't know
i don't know man i'm surprised this is done well because there's been so many like different types of these things.
Well if I had the bet, if I was a betting man, this is going to be back at 10 million in two weeks.
My thesis in that post I talk about how it's harder to own the growth of this sector on-chain.
So I actually passed on this pre-sale because I thought that the way to own
the growth of RWAs was to own the best RWAs.
And so to me, that's like
the best Pokemon cards are the Crypto.
Let's go back to card collecting.
The whole fucking point is having them, being a hobbyist,
seeing them in your possession,
tokenizing them,
retarded.
No, but they'll send it to you that's the
thing like i have my charizard hollow and i can just burn it and then they mail it to me i don't
know if you i don't know if you're on race here kbm like i own i own quite a lot of collectibles
and they're all in storage and the storage industry for collectibles in in like free
i know i know it's insane in a very rare very rare situation i actually side with kbm here
very rare you can do it i don't know uh what do you learn you could just like get them sent to
you without tokenization too right yeah but it's just a way to buy them. For me, it's easier. You're on Arena Club. If you go to Arena Club, you spin it, buy a slab, and they send it to you.
What's Arena Club?
Can we see these alternatives?
ArenaClub.com.
Try that.
Let's bring it up in turn.
Yeah, look, I don't think, obviously, this is not the only place for you to trade collectibles.
There are other markets for it but i think people are just
thinking that crypto is going to be an easier way to do it potentially um in the same way that people
are saying they're going to trade stocks on chain they're now saying that they can trade these on
chain and so this is like gambling essentially a little bit you pay like if you scroll down you pay
like a thousand bucks for like a slab pack
that's already PSA graded
it's randomized they have their own
like whatever token system in the background
that's run and
yeah you break the pack and you get it sent to your
house etc etc
maybe we're talking about two different things but
this just seems like why would I need to tokenize this
kind of stuff
well we need a new narrative that's firstly We were talking about two different things, but this just seems like, why would I need to tokenize this kind of stuff?
Yeah.
Well, we need a new narrative.
That's firstly what I think it is. That's fair.
It seems to be working.
Like, I saw the chart.
And I think this has been going on for a little bit.
People have been talking about, because there was Courtyard.
I don't know if you know that protocol that went big.
And we spoke about even integrating something like this into Yeet, right?
Like, this was something that we spoke about.
Honestly, when you were saying tokenizing, I thought you meant fractionalizing for a bit that's why i was getting so no no no it's retarded but now like i have to backtrack
a little bit because obviously it makes i thought it was fractionalizing at the start of the combo
yeah i was like fractionalizing so stupid that's why i was like, you want the card, blah, blah, blah.
But yeah, no, I get why you tokenize it.
But like, it just seems like another one of those problems that crypto solving that doesn't
really, it's a solution for a problem that doesn't really exist.
Yeah.
That happens a lot.
But yeah, it's just an alternative, right?
Like people like, oh, I mean, to be clear this, this week, we saw Ondo just come out today
and said they're going to fractionize 100-plus stocks.
You saw Galaxy said they're going to start tokenizing all their stocks.
You've seen just tons of different people get into this RWA narrative
just in the last three days.
And then now it's Pokemon cards.
I think RWA as a narrative feels like something that can –
and it won't just be this.
Like, yeah, we're going to start Pokemon cards,
but they're going to start fractionizing like not sorry not fractionalizing tokenizing i think some
yeah some pretty crazy stuff i think over the next six months it's like there's no liquidity
in this kind of shit though like yeah at least here's a good one you guys see the uh tokenized
like pre-ipo companies like you can buy you can buy space that's cool like that's not solving a problem
that that doesn't exist that's actually new the ownership structure if you look into the
legality and stuff obviously it's a bit weird like i'll wait before i buy that stuff but that's cool
to me because i can't buy spacex yeah i want to own it i think that is a that is and there'll
always be supply of that because vcs love that as a is a that is and and they'll always be supplied that because
vcs love that as a thing so they'll be like they'll definitely invest in something that gets
them out of their bags pre uh pre-ipo right that's like amazing for them but i do think that we um
it i think it's going to go move into like other collectibles i think we've tried it with wine and whiskey and it never really took off.
I think, honestly, it's probably just because
millennials don't invest in that much of that
compared to Pokemon.
Feels like Pokemon is the investment for millennials
and you need to be more of a boomer,
or at least older to get into whiskey and wine.
That's my gut on this stuff.
Gen Z doesn't drink, man. Have you ever looked at gut on this stuff. Gen Z doesn't drink, man.
Have you ever looked at that?
Social trends?
Gen Z doesn't drink alcohol.
So that whole market might have a huge risk.
It may.
But I think my gut on collectible stuff is,
and this is just, I think,
very unique human-made made items whatever they are are actually
going to start trading at like a massive premium so like i don't even think it matters if they
drink if you own like a really high-end burgundy or something like that or like so really unique
items in any field i think they are going to start like going higher.
And like anything which is like B or C tier,
I think is actually going to lose its value
because like people are going to be able to create copies of it,
I think like much easier over the next couple of decades.
That's my gut with like how AI goes,
like the ability to just like create anything like super easy
and having robots make it all the like.
Kind of like what you've just seen with diamonds, right?
Like they now could just make diamonds super, super easy.
But so like the only thing that's gonna stay valuable
in that market is like the really, really rare stuff
that is like almost impossible to recreate.
Yeah, I totally agree.
That's why I want Pokemon cards
and only the originals and only the grails.
So I think you're right.
Like some expensive whiskey that's like 100 years old,
that's only going to get more valuable,
even if people aren't drinking as much alcohol.
And yeah, probably every type of collectible.
Is that the next?
I don't want the whole next meta to be collectibles, man.
Like I don't want to buy a classic car, NFT, RWA, like.
Yeah.
We did do this a little bit in AFTs.
So, like, KBM is right.
Like, we did do this.
But now I think the legal bit of it has been cleared in the US.
So the US can now, like, dive into this.
And they're going to act like they made it all up all over again.
And I think, I don't know if it'll be classic cars i think
it could just be collectible cards you know like i think it could be that sort of stuff which does
well magic the gathering that's another one which people get into isn't it from collectibles
there are some good guys suzu suzu had a tweet i saw today or yesterday he listed cards based
on their crypto equivalent bitcoin was was Magic the Gathering.
Ethereum was Pokemon.
And it went down the list.
I don't remember the rest, but...
That's probably a fair take.
Magic the Gathering is seen as the...
After over a decade, nearly two decades, of cards,
they've just kept their value the whole time
and just continued to go up.
They've almost matched Bitcoin bitcoin or like ai for like their return so they've been like insane
same trades i do think that those will probably continue to go higher and i think because you
have that gambling element like you said kbm like they've already been brought into this pack
opening world like just with this gambling super cycle i think they're
going to stay relevant as an asset you can't really do the pack opening with a classic car
right or a or a bottle of fucking uh burgundy right it just doesn't work whereas these sort
of pack openings of new of cards like really good gambling content um some comments in the side gen z will start drinking when they hit 30
and they pretend they discovered it i i actually kind of agree with that i think that we're going
to come we're going to come full circle on this and i think alcohol is going to become cool again
there's no doubt in my mind uh kook sounds like the sort of guy that paints roundabouts i think that's that's reference to
the i take that as a compliment i know exactly what he means yeah i think at this stage in the
world and the way it's going you should paint a roundabout man you are you are not to get too
really cool that's not what the show's about am i what Painting roundabouts. You're St. George's Cross roundabout painter.
Matt, I saw the funniest video earlier today.
I'm going to send it.
I'll put it in our chat because it's just hilarious.
Have you not seen this, KVM?
They're taking back England by painting roundabouts
with the English flag.
Kali will fill you in, don't worry.
What is the Cardano of cards?
Very true.
I don't really know much past Pokemon and Magic the Gathering.
This is what Spencer's done his whole thing with Moonbirds around, right?
He's going to create a collectible card thing and he did it for pudgy
penguins.
I think that's relatively,
I don't really know if I'd go down the list.
I'd just stick to the top.
Oh God.
You have to,
you have to get this.
I don't know if you can hear the sound or not on this,
but it's so funny.
We just,
we just saw help get rid of the,
of the immigrants, which is immigrants which is a good start.
Hold this one second I'm gonna put this flag up. You know what, listen, listen, you wanna do some serious shit yeah?
Let's go! I'm gonna climb up some ground to bounce. Listen, shut up man. Let me just put this up the slamp post. I'm gonna go bring some ground to bounce.
F*** yeah!
Can't climb up there. Bro, what's happened to you?
F*** the hell! How you gonna kill, how you gonna, how you gonna unalive the immigrants?
Hello? Wake up.
Wake up.
Unalive in the...
I don't know. Maybe it's British.
The hotel. We need to go to the hotel.
Where are they kept?
Where do they keep these immigrants?
Which hotel is it?
Which hotel is it, bro?
Yeah.
This is months of contact.
But that's a banger.
September 13th.
You've got to come to the march.
Cali's going to the march. Big march. September 13th. You've got to come to the March. Cali's going to the March.
Big March.
Big March, September 13th.
Cook.
Maybe we'll fly out.
I'm worried if I touch down in England,
I get arrested for memes, bro.
I just heard that video say funny.
It's like, what are you going to do about all the immigrants?
I'm going to go paint some roundabouts.
Yeah. about us um yeah that's that's kind of where we're at in the in the uk right now um to be clear i think there should should be no issue with being able to fly your own flag in your country just
want to state my position on that i just found that video quite funny uh come on tell us what you really think tell us what you really think I'm not going down what other comments have we got here
St. George's
cross flies high
in my non-UK home
KBM loves Petrus
82 probably
we're going to have some of that flying with us
to Gumball
see you there
Petrus I don't even think I've ever drank Petrus We're going to have some of that flying with us to Gumball See you there Patrice
I don't even think I've ever drank Patrice actually
I'm a Rothschild kind of guy
Oh wow, here we go
Yeah
So what else did we have this week?
We spoke about last week that
We think that
Solana could have a bit of a comeback here and pumps had a good week
uh pengu's had a good week fart coin has bouncing back right now
i i think pengu released this new game didn't they and it's number one on the app store
and we spoke about that being i think that one could go and i think obviously that helps rect and i think rex had a yeah do you want to talk about what happened
with rect this week there's a bunch of stuff that you like happened in the last 24 hours dude um
yeah so we announced a strategic partnership with game square which is a nasdaq listed company
as part of that they they're going to have
some Rekt coin on their balance sheet.
It'll be the first public listed company with
Rekt on their balance sheet.
GameSquare owns
FaZe Esports, which is one of the biggest
esports
teams
out there right now. They have an audience of about
close to 300 million people.
We're going to be a shirt sponsor for for them we're going to have a few different
collaborations upcoming with them which um will be announced in coming weeks and days but um
days and weeks but it's a pretty it's definitely like the biggest thing that we've done so far
I think for Rekt because it adds another layer of legitimacy if you look at the GameSquare
treasury deal that they did for eth
there's some pretty big names involved in it like robin robert leshner um jerry jones ryan zero etc
so i think we're in with like a definitely in with a good crowd with a very big audience i think
i just think like the esports gaming demographic is perfect for all the stuff that we
are going to be doing i mean right, right now we just have Sparkly
Water. We're going to have other products as well coming out
this year.
Yeah, this is going to be really big.
I think people don't really realize
how big it is yet, but as we start to roll
the stuff out, everyone's
going to have that, oh, fuck moment.
Now I get it kind of thing.
I got a question, OSF.
Do you remember when I wrote that big post about Rekt?
I do.
I do.
I do.
I love it.
I read that and I thought, well,
esports is one of the things Cook mentioned.
I think it's obvious, right?
Because I think Rekt is a crypto native brand,
which has done really well.
And then now it's like,
how do you approach growing it into like cult audiences? And I i think you're right esports is i don't know so
what is the deal with phase like it's because it's not phase bank phase esports is like its own
the best team right like in csgo or like up there yeah i mean phase is split up into two different
things like you have phase esports then you have FaZe Media.
And FaZe Media sort of spun off out of this holding, basically.
So GameSquare owns FaZe Esports,
and then FaZe Banks and all that stuff is basically FaZe Media,
which is a separate thing, yeah.
Yeah, I think this is – Esports is probably the way to go.
I mean, we looked at the Yeet, but there's so many in here in that sort of world
You run these spins. I've got it with that
Yeah, we're there bro
This went by really fast. Yeah, well we had a lot we went through kooks
getting canceled then games again canceled then
leaderboards then tokenized Pokemon cards then a little bit of pengu and and and
Pokemon cards than
a little bit of Pengu and
Rekt, I guess. I think
just to sum that up, I do think that
Solana and Solana
Eco looks good here. I think
I prefer the Solana ecosystem a little bit more.
I think Pump looks good.
Can I...
Can I get a take?
Yeah, you speak.
I just want to get a take from you guys before
the show ends about this
because we'll look washed if we don't discuss it.
But re-Solana and re-Pump, the pump changes, the dynamic fees.
And this new kind of creator capital markets has been around.
They've been talking about it with these fees.
Now they're saying creator capital markets are huge.
I think it might take really first quick.
I think that the trade is on pump, not individual CCM plans.
What do you guys think about the key changes in creator capital markets?
I think pump looks cheap on a valuation metric already, right?
Like it makes 50% of the revenue of hype and trades at a 12th of its market cap.
market cap so it should theoretically be like multiples higher but the thing that i think pump
So it should theoretically be like multiples higher.
we all said needs to do is be more than just a buyback coin and i think this is their best shot
now at producing an actual creator platform that works and i think that that means it should be
re-rated a lot higher that's my that's my gut like if they can make
the streaming bit of that site work i think it can trade 10 billion plus like very quickly
but i also think that your biggest streamer fat fingering his coin uh probably isn't great marketing
uh 24 hours after that happened so So, I don't know.
I'm sure they weren't happy about that as well.
I've met Gainsey once.
Fun guy.
Yeah, he came to a recto, didn't he, once?
Yeah, I can't... Yeah.
He was off his tits.
He was gone.
He was on one, yeah.
The game's gone.
He said he liked my art. It was a really nice thing to was he was gone he was on one yeah the game's gone um but he said he said
he said he liked my art it was a really nice thing to hear yeah that's nice gainsy and i hung out
many times yeah i think you i think you may have been even there kbm when i met him probably
how do we select the winners here so yuta board is broken oh
broken oh but numbers 3 and 23 are ineligible okay so we're generating we're doing calculators.net
wow it's not me uh at least we've got yeet.com logo five and 12. um but aren't we just doing
number one wins one of these we said this week the first guy wins because he's like 90%
of the volume each week i think i think let's just pick two out there the first two i think
let's do five and 12 and number one so five and 12 and number one so oh okay go out go alex wins because he's just like
yeah he's winning way too done way too much freaks and long border okay let's run that
we've actually had some very good runs on lambchock kvm without you um last week was less good, but the week before.
Who's playing?
Or no, like who won the spins?
I wasn't saying this.
Okay, go Alex.
He's our number one affiliate.
Okay, go Alex.
I think we kind of won him.
So it's $1,000 we do it with, right?
I don't know.
I've never done this.
Yeah, $1,000.
All right, who's playing first round?
I'll do first, I'll do first.
And who's just four?
Okay, go Alex. We'll go four times.
What?
Four times. Go four times.
So one, two, three, four.
Alright.
What do you think here? This is our number one guy like we're in one half grand it's quite nice for
him I think are you in the chat okay go Alex where is he I'm looking right now all right
it's like I like it if he's doing that much volume he might be a dj and he's yeah john but he might want the
money too it's a bit of a dj he is a bit of a dj i know i'm he's in he's in there often
go three times go go three more times i think and then we'll be more or two more two more let's
get him two grand let's get him two grand oh my god oh oh boy oh boy oh boy um where is he fuck yo he's in the chat he's in the chat
what do we think chat what do we think one more time one Hold on. What do we think?
Let's see if he responds.
I've been looking at the kick chat now.
What does the chat think?
I'm scared, he said.
I'm scared?
Well, does that mean you want to cash?
You want to keep it or not?
On. Having fun stopped. What do we think do you want more Oh, no. Oh, my God. That is horrific.
Yikes.
Fair's fair.
You still get 500 bucks, Alex.
We went for it with you.
We got 500.
That's gross, though.
You're still in it for next week.
That is...
Who's up next?
Who's up next?
Lombardo.
Lombardo. Lombardoardo who's playing for him uh i think we should all do it osf why don't you do the first first couple see where we get to yeah jump stop
i've had a permanent oh i was not wrong i was not to the tracks
What do we think here? Oh, it's that
Are you meant to do this I'm feeling I I think. I clicked it.
You can't let me on the sticks.
Oh my God, to the tracks.
Is Lombardo in the tracks?
To the tracks.
Come on.
To the tracks.
Yes.
Wow.
Beautiful.
You shut it down.
Lombardo.
Lombardo's in the chat.
What are you saying? What are you saying, Lombardo? All right, he wants to stop. Stop. it's usually
all right he wants to stop stop he's like stop please guys stop
great stuff there it is oh my god lombardo he's in the trenches two grand win there that's amazing that is amazing
alright next one alright kook you want to
you want to drive for the first bit of this one kook
sure yeah go
three to start
okay
okay
I feel like
so who's this guy what was
his name oh this is for freaks
who sounds like he wants to go, this is for Freaks.
Sounds like he wants to go to the bottom.
Freaks says, Kuk for the win.
He's in there.
I can see your comments, Freaks.
Do you want to go to the tracks, bro, or do you want to shut it down? Freaks, how far do you want to go?
Tracks.
Tracks, W round.
What are we going to get there?
Let's wait and see those tracks.
Yeah, because I feel I got my theory that two karate kicks on the wolf in the last one,
you might not get one.
It's Cooke's decision, he said.
Cooke's decision.
Oh, my goodness.
You know what, freaks?
Freaks, they're telling me I rugged everyone yesterday or today,
so I'm going to send you home with a win here, bro.
I'm sorry if I'm a pussy, but let's shut it down.
What's going on with the screen?
Is there one more after this?
Is there one more after this or no?
No, that's it.
That's it.
We're cashing.
Now it's going to be casino.
Oh, my.
Oh, fuck.
Sorry, Briggs.
I'm sorry.
What are you driving for?
Who am I driving for?
I got to drive for somebody.
Oh, my goodness. I think we go, okay, go, Alex. Oh my goodness.
I think we go
OK, go Alex, Redux run.
Yeah, you wanna go
OK, go Alex one more time? KBM does a
final to the tracks for OK, go Alex.
No, we're going barn.
We're going to the barn?
No, we're not.
We try our best.
You guys never get anyone in the barn bar no one knows what's in there that was that was a lot of fun guys we will see you again next week what a show what a show
that was really fun a show on ct i i swear to god i think it's the best show on ct um
we will hopefully not get cancelled again next week uh who knows maybe maybe we will hopefully not get cancelled again next week who knows maybe we will, it's always good content
we will see you again
same time
noon, Eastern
and that was Wreck Radio
cheers for coming guys
thanks guys, have a good day Thank you.
