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Crypto = mainstream: BoA, WalMart & NFT SZN?! Coffee w/ Captain #1,067
Recorded: Jan. 5, 2026 Duration: 2:16:21Space Recording
Full Transcription
I'm a dream. I'm on web three.
And it is what it seems.
Topping the pyramid schemes.
I'm telling you.
I'll tell you a percentage are nebula.
Shout out this.
Yo, set it up.
Surfing on the web and I'm shooting at three.
I've been golden when I got my G.
I'm an elegant boy.
Planet, yeah.
So I got my drink.
I'm riding in the 1920s model T Ford.
Car, era, law. Call me Levi playing on the keys, boy. And I'm riding in the 1920s model T Ford car. Era law.
Call me Levi playing on the keys.
What?
And I'm about to put my gloves on.
If I said it, then I meant that.
Yeah. I like that one.
I'm about to get that.
Crash that whip for the drumsticks.
Whiplash.
I'm about to get them all.
Are you with that?
In a white boat surrounded by blue.
I want one, but I got a cop turn.
I want to fly high in the sky.
Arms out wide trying to swim.
I'm a bird's eye view. I want to fly high in the sky. Arms out wide, trying to swore. I'm a bird type view.
I'm on fire, Ricky, Bobby.
Cracking the pavement with me, Bobby.
I'm a Saki bomb.
Hiroshima, Nagasaki.
Bruce Wayne been a dog.
And I keep it 101, because I'm feeling kind of spotty.
Sipping on some rock and I'm sipping out octane.
The only thing around my neck is a block to the bit.
Now I got coin.
I see where y'all going. Ben Papa says web one. Hella hook thrown web two. know i chain the only thing around my neck Twitter Blockchain See them with the ghosts And we ballin' like the brown jay Crypto, crypto We can make a trade
Get the memo
But feels not fallin' for the phone
Listenin' to coffee with Kevin
You know we were a wide-day loco
I ain't never gon' stop rappin'
Orlando, yeah, we workin' magic
We rockin' Ethereum entities
I just went and caught me a half-bitch
Man, I gotta shout out the 40
Now I got coin shout out to 40.
Now I got coin.
I see where y'all going.
Been poppin' since web one.
Hella hoax on web two.
I was living the dream.
Now I'm on web three.
And it is where the seams.
Topping the pyramid schemes.
I'm telling you, I'll sell you a percentage are nebula.
Shout out to Vince, yo, set it up.
Breaking them all the tools, why?
Bunny got knowledge of mood, son. I'm shocking it. Shout out to Vince, yo, set it up. Breaking them all the tools, just coming. Welcome to Coffee with Captain, powered by ApeCoin, where we dive into all things crypto,
NFTs, Web3, and cutting-edge technology.
Remember, nothing here is financial advice.
Early-stage tech can be exceptionally volatile and risky.
So grab your coffee and join Cap and C for today's conversation.
Welcome to the future.
Welcome to Coffee with Captain GM.
GM, thanks so much for joining.
If you've already done so, do us a favor, drop us a GM in the chat down below.
Then head up top, smash that like, repost, and bookmark on today's space.
We greatly appreciate it.
It warms up the algo and does us a real solid.
You also see up there the link to the abstract chat as well as YouTube.
GM to all of our GMers. no no first gms over in youtube yet but as always we got teacher katie and actually smart dumb man over in abstract uh getting the uh chat warmed up over there mel is
slacking as well as the new year kicks off ninth gm in the x spaces but appreciate all of you out
there uh helping get this thing warmed up
and the new year kicked off. Right. I guess we had a, how do you look? We did have a,
I saw a lot of happy 2026, which appreciate that. Happy 2026 to you. Happy new year.
Hope everyone weekend was enjoyable. I know many of you were off last week and
enjoyed some downtime. I had to check cause I wasn't sure. I was like,
we did have a show already in 2026, right? We had two, not one, but we had two, uh, the first
and the second, uh, as always, if you missed any of those shows, want to catch the playbacks,
the, uh, newsletter is your best spot to go for that, uh, coffee with captain.com or coffee with
captain.behave.com. And you can find all the past recordings and
appreciate the love on those. If you haven't yet also while we're getting things, uh, intros out
of the way here, go hit our YouTube linked up top. Uh, we love the subscribe subscriptions over
there. I'm going to have to plug that at least every day so we can beat a sun front and before
year end. Uh, the race is on, uh, that said I'm cap, no co-host today, but the
stage is open. Always a, uh, always an open stage here. If you have any questions or comments,
anything you want to add to the conversation, please do drop that in the chat or throw in
request to join me on stage. We'd appreciate it. My first ever two hour monologue on Friday,
hopefully, hopefully no more two hour monologues, but we will roll with whatever the day gives us.
Part of my favorite part of the show is the unknown.
I see Jeremy out there, Girl in the Verse, Emlo, Diablito, Dork, Remind Me.
I see Maria. Remind me, we do need to highlight Emlo's collection.
At some point, we gave away a couple of those.
Jamber and I forget the other winner, but I will, it is in my, um, uh, in DMs there. I will
open those up in a second and we'll figure out, um, a Jamber did get confirmation. Um, I believe
it was Jamber won the envelope pass or it was either the envelope pass or the open seat call
pull. One of the two, either way, appreciate, uh, appreciate all of our contributions there.
Looking forward to some more fun stuff in 2026.
And as always, never any financial advice in the show.
Crypto is risky and a teaser risky.
Meme coins exception risky.
Despite the pumps, it all can go back to zero at a moment's notice.
Please don't put any money in.
You can't afford to lose.
Know that I'll hold tokens.
I'll talk about it from time to time here on the show.
I'm not a financial advisor.
Certainly not your financial advisor.
Don't join me for that.
Just join for some fun, some information, maybe a little bit of education along the way. Although
the education will not be on geopolitics. I'm not an expert. I'll share some comments and
specifically how I believe it might relate to the market. But I really don't know what is happening.
Your guess is as good as mine. But I would be remiss if I didn't at least hit
on it is certainly market related. And as always, I also will talk about things near and dear to my
heart and on my mind. And this weekend was certainly impacted. If you're not aware, I'm
dating a Venezuelan and I've spent most of the holidays with her friends and family. And I've
become a big fan of not just her,
but the people, the culture. And as I said yesterday, I am delighted, ecstatic, I don't
know, fill in the word, thrilled for my girlfriend and her family and something that I've never been
close to any situation like this in my lifetime. And so it hit a little different.
The mix of emotions, thanks to my chronically online habits and doing what you're not supposed
to do and checking your phone as soon as you wake up in the morning, rolled over, I guess, Saturday morning. And was somewhat in shock,
waited until she woke up, shared the news.
She too took a minute to register, was in shock.
Something that her and many like her
have been hopeful for.
Oftentimes, I'm sure lost hope,
but were hopeful for the last couple of decades. And I've
heard some stories prior to this and the life that they've been forced to navigate due to
back-to-back dictators. And I'm not a warmonger. I'm anti-war and not something that I, I'm anti-unnatural death in general.
That said, I'm also anti-tyranny and evil dictators. And this stuff's messy. Again,
I'm not the expert. I don't know the proper way, the ideal way to do this stuff. There's
probably no ideal way. All I know is I am proud to be an American.
I'm proud that we are helping another country,
a group of people, millions of humans,
8 million of which have been forced to leave their country.
It is a modern-day humanitarian crisis.
If you're not familiar, it's tragic what's transpired in Venezuela.
It's a beautiful country.
The culture is incredible.
The people are incredible.
I'm sure there's not incredible people.
The ones I've had a chance to interact with are amazing individuals, and I'm grateful they've come to my life.
And I'm excited that they now have hope.
It's definitely not done.
Still a lot of uncertainty.
And the next weeks, months, years will be critical in how things turn out.
All I know is from direct interactions, both with her and people that her family that's still in Venezuela,
she's got many brothers and sisters, most of which have been forced to flee the country.
And these are smart, intelligent individuals, you know, orthopedic surgeons and doctors and her family's very well
educated, very successful. And, you know, they've had to leave to the US to Chile. And while her
mom and others remain in Venezuela, they're not in Caracas. And so not directly impacted by this,
she does have friends in Caracas who are still, you without power and and you know one as a single mom of a young
kid and you know kind of freaking out because unsure where they're going to get uh basic needs
this week you know basic food flour for their arepas it's not a joke like it's it's i i think
a lot of people like to share commentary,
talk about things that are, you like to monitor the situation, myself included. And we've never
can't, you can't even comprehend what it's like to live in an environment like that.
And I am pro humanity. I am anti unnatural death. I don't want to see wars. I don't want to see
unnatural death. I don't want to see wars. I don't want to see people dying. Again,
I'm not, this is stuff I usually don't pay attention to because I, I, it makes me uneasy.
I don't want to see people die over land boundaries and stuff that I don't, I'm not an
expert on. Um, that said, I, my, my dad, he, his second wife was Iranian.
And he went to Iran during the Iran-Iraq war and helped her sister escape.
He helped his wife's sister flee that country that was war-stricken and come to the U.S.
I'm hearing stories.
I've heard stories and obviously hearing more now
on Venezuela. And it is tragic. It's, while I don't want to see the US in our wars,
this is not a war. And I know maybe it's semantics, but the last war that the u.s declared was war was world war ii i know there's a lot of different
ways whether it's authorizing military use or uh monroe doctrines like again i'm not the expert
all i know is in my lifetime every u.s president has taken some form of military action and i i
didn't claim to know the exact reason why I'm sure I'm certain that there was
some sort of strategic motives and all those, just like there probably is here, just like they're
now stating that there's, you know, there's going to be some oil and there's other strategy involved,
not just the humanitarian efforts. I'm not naive to that. I also think that
while I've seen every US president take some form of military action,
I didn't, I don't remember ever seeing such vitriol or the response from either party regarding regarding said action.
I'm sure people weren't fans.
And, yeah, you saw, again, I've seen some movies and stuff after the fact.
But it's not lost on me, the hypocrisy.
And I'm not like, again, we're going to talk.
We're going to move right on real quickly and talk markets and the impacts that has on markets and things are humming into 2026.
There's still a lot of uncertainty.
Things could go back the other direction.
Markets could open here and we could see the Monday morning sell-off.
I'm not opening my short today.
I don't think the Monday morning sell-off is going to occur.
It could. But the spidey sense is things really feels like we've shifted gears and went from, you know, bear market sentiments to, I mean, even B-Check has flipped from bear to bull.
Not that one person is an indication of what's happening in the market, but those guys have had a pretty good pulse in the market.
Fear and greed is back up to 42.
It was as low as six, I think. It was single digit in November. It has been climbing since.
Let me just flip over the chart here so I can show for those that are watching the video.
And here we go. So 42, it's climbing. Cinnamon's coming back, not just crypto, I would say across
the board, it seems. And I guess maybe you could say
Tried Fives, precious gold, silver, etc. You have been humming. It just really feels like there's
feels, just feelings, vibes. I'm not, don't trade on this. It's just how I just feelings vibes i'm not don't don't trade on this i um
it's just how i feel and i i'm not while i do like to trade on information at the same time
sometimes it's just a gut feel and it last looks like looks feels like bottoms are in across the
board i'm on memes on majors we'll get into a market update here in a second but um feels like bottoms are in across the board. I'm on memes, on majors. We'll get into a market update here in a second.
But it feels like things have shifted.
There's still a lot of uncertainty.
It's not just what's happening in Venezuela.
It's Iran.
It's apparently some sort of stuff's going on in the UK.
I don't know what's going on in the world.
It just seems like there's definitely still uncertainty markets typically don't like uncertainty if things shake out somewhat smooth if certainty become if uncertainty becomes certain
even if it is ongoing conflicts not good i hope we don't see that i'm not like i'm not naive enough
to think that oh everything's you know rainbows and fairy terrors. Now that a evil dictator tyrant has been removed from power. It's just not that easy. You
know, he still has his number two, who some people believe he's actually the guy who's calling the
behind the scenes. And Maduro is just the, just the puppet. I don't know. Again, I don't know.
I'm not, this is not my expertise. All I know is this sort of stuff has happened with
every administration my entire life. Is it different? Yes. It's always happened. And as
a specifically raised Venezuela, this is where I get a little, this will be the end of my emotional
rant. And not only my anti-war, I'm anti-politics. I'm apolitical. I did not vote in the past.
I've never voted in a presidential election my entire life.
Some people are like, what the hell are you even commenting about this?
It's just, it's not my thing.
I'd rather focus on things.
I can control things that impact me in my personal life.
This one happens to impact my personal life.
It impacts people that I'm very close to, becoming close to.
And therefore, I think more about it.
I actually can talk to someone who's impacted by it directly.
And it makes me a little sad that you have people taking such hard stances.
And like, I'm just going to use one example because it's easy.
I've seen it in my timeline as far as like hypocrisy.
And I share this comes from both sides. I've seen it in my timeline as far as like hypocrisy. And I share this comes
from both sides. I'm sure both sides like this, it's also why avoid politics, because it's
often you see rampant hypocrisy from the left and from the right. And Venezuela isn't new.
It's not that the dictator just popped up. It's this isn't even the first one.
There was one prior to this one. And this current one that just got removed wasn't the president, lost the last election, and just chose not to relinquish power.
So he's not the legal acknowledged president of Venezuela.
He's the head of a cartel.
He's the head of a narco-terrorism organization.
I'm not making this stuff up.
This is what it is.
And you saw people on both sides saying this guy should be removed and should not be in charge.
And then that happened. And then you see those same people saying this was awful. This is horrible.
How could you do this again? Would it be better if I could have just negotiated and he just
stepped down without any action? Yeah, sure.
We also live in reality.
Like, that didn't happen.
That wasn't happening.
And words and negotiations rarely get tyrant dictators just to say, okay, you know what?
You guys are right. I'm going to give up all this power, all this oil and cloud I have in the world.
Like, what do we think Russia, China and Cuba were doing there?
Like, this isn't a there's sometimes like, the lesser of two evils is better. And all I know is
every like unanimously 100% of the Venezuelans who aren't part of the cartel or employed by the current government are, they have hope for the first time in the last 25, 26 years.
That's a good thing.
It's a win for humanity.
Is it out?
Are they out of the woods yet?
No, things could get crazy, but there is hope.
There's optimism.
I'm an optimist by nature.
And so I'm going to be hopeful that the best case scenario outcomes is is that likely maybe not probably not but there is there is a
range of out in the range of outcomes is that there's a smooth transition and this venezuelan
the venezuelan economy which was at one point was one of the greatest in the world incredible
culture it's my brother was there in the early in the early 2000s for a couple of weeks, and it had a lifelong impact
on his life from the culture he experienced, the food he had, and the people he interacted with.
Everyone I've interacted with, and it's relatively recent. We've been dating for a few months.
She's one of the kindest people, most optimistic people I've ever met.
And as are all her friends and family, and to have that sort of personality, having went
through what they've went through, to still be living that life with their loved ones
at home, it speaks, it says something about the people.
I'm rooting for the people.
I'm not rooting for any military.
I would root for the US military
if it had to have. I'm not rooting for them to go take more action. But I'm hopeful that the people
win here, the people of Venezuela, and they aren't dumb. Again, they're aware that this isn't just a
pure humanitarian effort. They're aware that there's oil motives involved. Again, I repeat,
aware that there's oil motives involved. Again, I repeat, what do you think Russia, China, and Cuba
interest in it? I love the arepas. I'm certain that they weren't there for the arepa recipe.
They'd much prefer to be working with the US than working with Cuba, China, and Russia.
This isn't my opinion. This is coming from people who lived in Venezuela, people who grew up in Venezuela.
And I'm happy for them that they have hope for potential real change for the first time in 27 years.
That's a big positive. It's a big win.
I know we're getting an extended quote open here, but it is relevant to the market.
And we will move on.
I mentioned this year one piece of hypocrisy.
It's not that we need to discuss it because I don't want to go down some back and forth rant on actions and how you should do this properly.
Again, I'm not qualified to speak on the situation there and how it's impacted their life
and the things I see on the timeline and the hypocrisy is wild and it's it's disappointing
because I can't help but think it's not result oriented rather it's because of who is the current president of the U.S.
I don't care if you like Trump or you hate Trump or you're indifferent.
I'm probably indifferent.
There's a lot of things that he does I think is crazy and I strongly dislike,
I strongly disagree with.
There's also some things he does well, and it's good for this country.
Depending on how the next few weeks, months play out,
this could be very good for this country. This could be very good for Venezuelans. It could be very good for humanity,
hard stop. It could be very good for potentially making evil tyrant dictators think twice before
they take some harmful action that kills their own civilians, or they try to overthrow a legal
government, a democracy.
I think there is a lot of good that could come out of this.
I also understand things could get worse.
This could escalate.
That would be very bad.
I hope that's not the case.
The hypocrisy, though, is it's sad.
It makes me sad.
I miss when America would come together, when positive things for
humanity happen, when our country did something good. I think this is a net good. Could have been
done differently? I don't know. I don't know. All I know is many people, including the last president,
wanted Maduro out of power. Biden put a $25 million bounty on his head. They just didn't
take any action. Maybe that's the
right way. Just wait forever and just let's hope and pray that a dictator resigns or someone turns
him in. This specific example is Morgan Freeman. I love him as an actor. But recently, as early as
2024, talking about he must step down.
We can't let this continue.
The world cannot stand by and let Maduro steal the election in Venezuela.
The revolution continues.
Maduro did not win.
This is last – I'm sorry, two years ago, summer of 2024.
Recently, like ranting about this guy.
He's evil.
He didn't win the election.
It's not even debated. Like he stole the election. And now, now he's calling Trump a war criminal. And this is the worst thing that has ever happened. I just, again, I don't get it. I don't. It's hard for me to understand. And I'm again, I'm excited for I do.
I want to see bloodshed and more military conflict. Absolutely not.
But I do care about the people of Venezuela and I'm excited for them and hope that this next few weeks and months transpires smoothly.
I see a few hands. We will get in them. I do want to limit the discussion because none of us are geopolitical experts, to my knowledge. And I don't want that to take up
the entire morning of the show. But I did get a little bit of back and forth on the timeline. And
as always, I would be remiss if I'm not trying to duck anything. I'm authentic. It's how I feel.
And I'm not going to act differently because I host a show that talks about market commentary and products and builders.
Like we're going to talk about all that.
This plays into at least the market part of part of that.
And it also doesn't impact me personally.
Indirectly.
Go ahead,
Joey,
get in here and then we will keep things moving.
Yeah,
buddy.
I'm happy to be back home after two weeks of traveling.
I missed you guys.
For the younger people out there that don't know,
Hugo Chavez took power in, I think, 1999.
And Maduro was kind of like his disciple, if you will.
And Maduro was kind of like his disciple, if you will.
He was kind of like the appointed next in charge of this line of dictatorship.
So for the younger people, this has been going on in Venezuela for 26 years or 25 years.
26 years, whatever the math is on that.
So that's like a whole lifetime for some people.
That's like a whole lifetime for some people.
Like they don't know any different.
And for,
and if we've,
for those who also forget in the recent past,
it got so bad in Venezuela that they were literally using their money to
create art and sell on the street to make money because the paper,
their money was so worthless in their country. And then you can
go into the fact that like, you know, there was store and I don't know how true those stories were,
but a few years back, they were literally killing zoo animals because they couldn't afford to buy
meat and grocery stores, you know, and having been to Venezuela myself back in 2007. Um,
and that was when it kind of really started to you know it was like seven years
or eight years into chavez's reign um so it was starting to get really bad um at that point like
he was starting to take over some of the bigger companies like polar is the largest beverage
their beer company and they're like the largest, they were the largest distributor
in Venezuela. And at the time, my wife's brother-in-law was an executive there. And,
you know, Chavez taken over the company, just decided it became a, like, no longer belonged
to the owners. It now belonged to the country of Venezuela and had taken it over. Her family would come visit
and Chavez wanted so much control over the money that they were only allowed to take $500
with them when they traveled to America because he didn't want to let any of the money out of his
country. So I saw them at one point swipe their card to pay for something and it get declined because they reached their spending limit internationally.
So this has been going on for a long time in that country.
And I'm not a geopolitical expert either.
I have no idea what this means for oil, for minerals, for natural resources, for any of that stuff. But as someone who was married to a Venezuelan, who went to Venezuela,
who lives in South Florida,
where there are,
I don't even know how many,
probably millions of Venezuelans living now.
It's about 5% Miami-Dade.
Is it?
Yeah.
So, I mean, that's a huge number.
Less than a million in the US,
but registered voters is about 5% of Miami-Dade.
Yeah. And then not to mention, I have a lot in South Florida, you've got a lot of Colombians,
you've got a lot of other South Americans that they all, it's like a, it's, it's interesting
because I saw so many of my friends that are not Venezuelan, but they are from South America or
Latin America celebrating with them because it's like almost been like their
struggle as well, because their friends and their family, like you said, I'm sorry, their friends,
or they met people that immigrated out and got out and things like that. So it just, uh, I think
it's a big for your, I'm not going to talk about the other stuff, but for humanity purposes, I
think it's a big win to see people that have been oppressed
for 26 years some of them again some of these kids you know that are 18 to 25 don't know anything
else don't know what it's like to have any any sort of freedoms now have the opportunity to go
in the streets and celebrate and dance where before if they did that they might have gotten shot and killed so yeah yeah no i i
agree it's it's good for humanity how is how we got there the right way i don't know it is is it
over yet no is it going to be easy probably not it's a better world if these people aren't oppressed
and living under the under the reign of terror that they were they've been living under for
decades my i've close friends from Cuba. One of my,
someone who worked with me very closely, we grew up in the,
in the phone worker business was regional work,
basically worked on my team while owning his own, his own locations. And
no, I did not realize that's not the after Morgan Freeman.
So it wasn't even Morgan Freeman. Never mind. Disregard all that.
But it wasn't the only account that I've seen.
There's many examples of the hypocrisy of let's this guy's awful.
He's horrible.
Let's he needs to be removed from power.
And then once he's removed from power, because the people in charge of removing from power they don't like they've flipped completely and this is the worst thing
ever to happen like they're both things can be true you don't you don't have to like the way it
happened you hope it doesn't escalate and yet still be happy for the people that have hoped
for the first time in their in some of the times in their entire lives um my buddy from cuba has
changed his profile picture to uh it's a picture of then his way of the flag and liberty or something.
And again, the Cubans are optimistic and hopeful that this might lead to change in their own country.
And to me, it feels good that friends of mine are hopeful and optimistic for their lives, their families, for the first time in decades.
And I'm not going to let geopolitical stuff that I'm not going to claim to understand damper that.
I'm being hopeful that things play out well and everyone – the optimism continues. I'm also not naive enough to think it's out of the
woods yet. Things could get worse. I hope that's not the case,
but as far as being happy for my friends,
not gonna be able to change that because of who the current administration is.
That said,
sorry for taking shots at the active market frame i'm kind
of glad it's not i'll go watch um i'll go watch pulp fiction this uh this weekend just to make
up for that bad take but in all seriousness uh the market has i mean it didn't like sin sin but it is man seeing things are seemingly uh starting off very very well to kick
off 2026 um even on the second we saw massive inflows like 174 million of net inflows for the
eeth bt uh the eeth etfs i think it was close to 500 million of net inflows for the Bitcoin ETF.
Poppy, I see your hand up as well. Go ahead and get in here and I will do a full market update.
And if you can hang out, I do want to talk one of my, before we get too far ahead of ourselves,
our three major topics I want to hit on this morning, A, majors and memes both running.
We've touched on near the macro and what this geopolitical uncertainty means
for these markets what it might mean for these markets um again i i'm not an oil expert to tell
you what it means for those markets but it's certainly going to have some downstream effects
that i know or believe and the last nugget is our nfts back because holy moly the charts are green
we will do a full proper market interview,
but one thing I want to hit on was the big Cowboy Punk sale
and then Gary Vee back on the streets,
including picking up a couple of quirkies yesterday.
So we'll get Poppy's opinion on that.
But before we go there, Poppy,
do you want to get on the earlier conversation
and then we'll move into a proper product?
Yeah, and I will keep it extremely brief.
I just wanted to say, number one,
I also fell into seeing that tweet and thinking it was Morgan Freeman.
So I just wanted to let you know you were probably one of thousands, or at least we were two of them.
It is Morgan Freeman, just not the actor Morgan Freeman.
Got it.
Yeah, but yes, we're—
Who LARPs as a Morgan Freeman account on X.
So we are accurate, just not the Morgan Freeman I was thinking of.
So basically we could read and that's good.
But yeah, I thought it was him, too.
Anyway, I would just the only thing that I was going to say, I lived in Miami for a very long time.
My wife grew up in Doral, which is basically little Venezuela.
And, you know, when I moved to the West Coast, we needed some stuff done around the house.
And I used one of those apps, I think Handy or one of them, and a guy showed up.
And it's crazy.
Five years later, he's like a part of our family.
He comes to family functions.
He brings my son gifts and things for Christmas.
I mean, he's a very good friend of ours, and he's from Venezuela.
And I never really knew know knew his story till
a couple years ago he uh him and I just sat down and bro him and him his mom his dad his grandma
um and I think his sister and a few others literally caravan from Venezuela through Mexico and snuck across the border.
And, you know, I know not everybody's a huge fan of that or whatever, but it's not the point of this.
It's just I've heard this, the horror stories.
And, you know, yesterday.
He was texting us tears of joy.
And I think it's a good thing.
Obviously, the politics aside, people just need to be careful when they jump to conclusions one way or the other.
Because there's always two sides to every story. And, you know, I'm just, I just wanted to double tap on that. Cause I do have Venezuelan friends and people that were oppressed and put everything
on the line to get away from that, which is crazy. If you really think about like
basically walking and running through, you know, streets, woods, mountains with your grandma
and your entire family. Like I put
myself in his shoes, bro. And it's, it's not a good, it's not a good feeling. So anyway, I just
wanted to double tap that we can move on. But, um, I just wanted to share that part because
it did hit close to home, uh, knowing, knowing people that were, uh, affected by that.
Yeah, no, appreciate you sharing. And, um And again, everyone's free to their own opinions.
And again, I know it's not simple.
I know it's not cut and dry.
And I think that's the other thing is there's some people that are making it cut and dry
on both sides.
People are like, oh, this is the greatest thing.
No, it's not.
It's not over yet.
It's like a lot has to happen.
And I don't believe it was a pure humanitarian effort, just like I don't think any of the military action that's ever been taken in the history of the world is probably purely
humanitarian. There's likely some form of strategic initiatives in each and every one of them. And
sometimes we know, sometimes we don't. And I just, I'm rooting for this to go well. And I think
everyone should be rooting for it to go well and smooth. You don't have to like how we got here.
It's taken place. It did happen. And
now, I think the next few weeks, hopefully everyone can agree that a smooth transition and
less conflict in one less dictator in the world is a net positive. And with that, let's take a look at these markets because I, for the first time in a long time, put a wheat bid in on an NFT collection.
I will hit on which one shortly. I'm not going to keep you hanging all day, but not something I've done for a while.
And I do feel that things are maybe back, like really back in the sense of, well, we have pullbacks, sure.
Let's start with NFTs and we'll take a look at tokens. I mentioned the big CryptoPunk sale,
nearly half a million dollars for a Cowboy Punk. They're up slightly on the day. Pudgy Penguins
up 9.2%, back up over five. BoardApes up 14.9% up over five as well, 5.32.
Moonbirds back to two ETH up 11% of the day.
Hypers back to 500 hype up 5% of the day.
Little Pudgies up 13% 0.55.
Milady's up another 2.9% to 1.17.
Mutants up 12% of the day to 0.71.
Azuki up 18% to 0.78.
Infinex Patrons, the anomaly here,
it's down to 21% to 0.78. Infinex patrons, the anomaly here, it's down to 21% to 0.87.
That's directly tied.
These Infinex patrons are really, it's a proxy for the token, the Infinex token.
Infinex has an ICO currently open, a sales currently open, and it's not going well.
We are going to dive into that a little deeper as well as another ICO to go live this week.
But it's priced at a $99 million FDV, which sounds reasonable for that.
It's just it's a one-year lockup I think turned a lot of people off.
And anyways, just a slow start for their ICO in terms of funds raised.
And I said in the word yesterday, it's going to have to have a negative impact on the NFTs. Sure enough, they're down 21% as repricing occurs, essentially. Good Vibes Club up a percent
on the day to 0.53. V1 Punk's flat. I've said there's an NFT that I, a PFP that I really want
to, that I don't own, that I want to throw in a vault and forget about i'm not going
to say which one yet but there may be a reason i'm pausing there uh wins of yaranawa by rafiq
i'm down bad because this is another one not another pfp but one that i did want i think i
missed the bottom it was down in the ones like 1.5 1.8 maybe bottom and it ripped up 27 of the day to 3.15 uh doodles up a percent to 0.44 mythics up
nine percent to 0.25 v friends 1.3 grifters up five percent to 13.69 chimpers big day up 12
percent to 0.56 quirkies down a little bit but holding strong at 0.58 uh codas up 19 percent
to 0.6 mfers up 20 percent to 0.3 not coming goes flat squiggles down three percent to 0.6. MFers up 20% to 0.3. Not Gummy goes flat.
Squiggles down 3% to 3.1.
The list goes on and on.
Dickbutt's flat.
Oddity's up 9%.
The fact that we even have this much movement,
double digit, mostly positive.
Izuki Elemental's up 27% is exciting.
Even Cool Cat's got a pump.
Terraform's, haven't thought about that for a minute,
up 14% to 0.27
me bits up a percent to 0.44 the kennel club even got a almost 20 pump up 17 to 0.15 moon cats uh
up 28 to 0.17 it's exciting to see so much you know pudgy rods creeps other deeds all up up up up
and again you can bounce back the other way tomorrow but it just feels like we might have
actually bought a might be in maybe not i don't i don't know anything but if the market opens well
today and it feels like there is some certainty in terms of what the next month slash quarter
maybe year holds uh i think we could be in for, I think we might see the
pull through of all the positive tailwinds that we've had and the regulatory stuff.
And just there's so much positive going for this space that we just really feel like we
have at least on the alts and the NFTs, haven't had a proper bull market yet.
And outside of MemeCoinmania, hopeful that we might see a fun 2026.
I'm going to go to another token page here just because I don't know all these, I don't know what to call them.
Non-major memes, but the memes are up big as well.
Pepe is up huge.
Bonk is up huge.
Let me go. Here we go.
Well, I lied.
On the week, a little bit of pullback on the 24,
but that Pepe down 2% of the day,
but it's up like 65% of the week.
So slight, slight pullback on some of the memes, runes though,
Bitcoin up 2% to 92.851, ETH up a percent to 3,100, XRP up a percent,
Doge down 4%, Cardano down 1%. Really NFTs still the 24 hour clock or 24 hour session,
but things are, seems to be heating up.
As I mentioned, who knows how the market responds today here in 45 minutes following all the weekend activity.
If it responds well, it could be a very fun week.
Like I said, I don't know.
All I know is I'm not opening i'm not opening a uh short today at
market open joey go ahead is this you know well prior to the you know the holiday we talked about
like you know nfts and trends and blah blah blah and cycles and whatever and i had mentioned
that how you know at the end of the year we always kind of see this like tax loss harvest
and then a pump from January. And we weren't sure if that was something that was going to happen
again. I mean, is this what like the normal kind of, do we think this is that normal kind of, Hey,
end of 2025, let me sell some stuff that's down so I can tax loss harvest. And now I'll get back
into it in January with a lower cost basis kind of situation like we've seen in the past. Does
anyone think that this is maybe what we're seeing? Because what else kind of catalyst is there for
all these things to be up? I don't know man i'm sorry i completely uh got distracted
like find you a host that can show up for 1067 days in a row and then mistake the real morgan
freeman for a fake morgan freeman and then follow up the correction with mistaking Morgan Freeman for Samuel L. Jackson.
The war room is tearing you up right now, sir.
Tearing you up.
I'm sweating.
I'm literally sweating.
I mean, I don't even know what I can comment here to not get myself in more trouble today.
Can I just say this entire thing was a bit someone's going to tune in today about a really, really serious, deep conversation about Venezuela.
And they want to weigh in their really serious opinion on either side of it. And I'm going to be mistaking Morgan Freeman for the fake Morgan Freeman for Samuel L. Jackson.
Maybe my favorite moment in all time with Catherine.
Morgan Freeman, Pulp Fiction.
Yes, I love Morgan Freeman in Rush Hour. yes i i loved morgan three minute rush hour mayhem says yeah i was really good in bad boys
when they found out white men couldn't jump crazy you uh you're welcome to pick on me um
i wasn't gonna say anything on air uh when you said that i was just i was just gonna let it slide
and hope nobody else noticed and then the war room just went in on you i like if i make those sort of mistakes you should pick on me like it's not it's not fair for me to
make like could you imagine like extremely unlikely but could you imagine somehow the
real morgan freeman pops into the show and here's me going on this for this idiotic crypto bro talking about geopolitical
stuff he has no business on he can't even get he's confusing me for the fake Morgan Freeman
and thinks I've started in Pulp Fiction I promise I've watched the show told you I'm not an expert
and this is why I stick talking mostly mostly to crypto meme coins and NFTs and RWAs and that sort of stuff.
We'll stick with technology more so than my feelings on the world at large.
Proof Alpha Degen, welcome to the stage, GM, sir.
GM, I can almost hit the mute button because I'm laughing so hard.
Man, what just happened? That developed pretty fast.
Oh, my God, Cap.
Oh, man.
Got to love it, man.
This is why I show up here every day, man.
If you're not a morning person and you don't get a kick out of being here in the morning,
you're just not alive.
Pinch yourself.
Thanks for letting me up.
I just want to come up here and say, what just happened?
I feel like
now you know how i mispronounce people's names like often like and and once i get the wrong mispronunciation wrong pronunciation in my head it's it's even more difficult for me like rita
and rita i still to this day don't know which is proper now i kid you not the rest of my life
i'm going to question myself every time i think of like, not even joking, swear on my daughter's life.
He says, you're going to have to watch Shawshank now.
My brain goes, OK, was that Samuel L. Jackson or Morgan Freeman?
I'm near certain it was Morgan Freeman, but I'm doubting myself now.
Like I'm actively doubting my own brain because I messed that up so bad.
I love Pulp Fiction. Great movie. I know it's Samuel L.
Jackson. Why I tied that to Morgan Freeman, I truly don't know. But anyways, I digress.
If you've never seen Shawshank, you should watch it. Great. You know, actually, I do know where
this is from. I do know where this is from. Pain. I was joking. I was trolling this weekend and I don't troll often.
And this is what I get for trolling. I made a comment. There's a,
there's a, I don't know how to say the guy's name, another actor.
He also famously starred as Jim in the office,
but he also has been Jack Ryan in the Tom Clancy adapted series for,
I guess it was like Amazon prime series good good good show
and i i've seen the the jack ryan's uh was a fan was good i'm very well aware that's not jim from
the office i'm aware it's not an office scene but i was joking this weekend and i said in the
worm i dropped a clip from that that was floating online i said yeah this is you know this whole
situation in venezuela uh that that scene from the office describes it perfect uh where you know this whole situation in venezuela uh that that scene from the office describes it
perfect uh where you know jim from the office uh just i knew it was a jack ryan clip but i was just
trolling which i rarely do now connecting the dots in hindsight that's exactly
exactly why my brain confused morgan friedman for the fake morgan friedman for samodella jackson
this morning i promise i was joking about the clip i'm i've i've read all the this i don't have time today
to get into cap spent 30 days in lockup but um that's a story for another day for those you
haven't heard my my uh my my uh time at jackson pike or in jackson pike uh in franklin county
but um um i when i was there i i read almost every single Tom Clancy book cover to cover.
So I'm well and familiar with Tom Clancy, familiar with Jack Ryan, just thought it was funny,
and it came back to bite me. Just like I also said that I don't think China, Russia, or Cuba
interest in Venezuela was for the rest of the arepa's recipe. After I said that,
then some guy's actual Venezuelan goes viral for basically, I mean, it's more authentic because
it was him, but it's less words or more words, but better put said pretty much the same thing.
And it was one of the viral videos this weekend. So anyways, I digress. We're way off the rails
this morning, back to all things markets. And particularly, we're going to hard pivot back into NFTs and some of the excitement. Don't go anywhere, though, because we are going to talk about the ICOs, particularly that Infinex one. There's another one goes live tomorrow or Wednesday.Ts, we're going to leave you a little bit of a cliffhanger here because you've got a deadline at 10 o'clock.
So around 930, we'll make sure you get into that one.
And talking about these majors, talking about macro, kind of zooming out, crypto is mainstream.
And it's happening.
Like, it's happening.
Bank of America officially recommended their client should be investing 4% of their portfolio in Bitcoin and crypto.
Walmart has now announced they are accepting Bitcoin, Ethereum, and crypto for its 1 billion customers.
Blue Origins, Jeff Bezos, Bezos, again, another name, one of the richest guys in the world.
You would think by now I would just properly learn how to pronounce his name.
I don't care. It's better that I just don't know and could just say Bezos, Bezos every time. And I'm going to, I know that like, it's going to irk someone,
someone's rolling their eyes. And I do like that makes me smile. The fact that my mispronunciation
can upset someone, um, be a blue origin, accepting Ethereum for, for space flights,
like it's going mainstream. And, um, I guess the big question is I'm confident crypto is having its moment.
I think it's very bullish for real ICOs that have something more than just a token.
I think it's very bullish for majors.
I think it's bullish for stablecoins.
I think it's bullish for on-chain adoption.
It's bullish for stable coins. I think it's voyaged for on-chain adoption. It's voyaged for RWAs. I don't know if and when it benefits NFTs. In the case of collectible NFTs, digital art,
and in particular PFPs, that's what I don't know. But it does feel like at least the bottom for
those of us here, the capitulation stopped. And it feels like
the collectors that remain are wanting to get what they want to collect. They want to get in before
we potentially have a roaring takeoff. But that said, let's hit on this NFT topic. I'm going to
change the headline real quick. I'm going to post a clip from Loki show yesterday where Gary popped on and
Poppy, if you don't mind me to hand it to you, I know you were on that.
I didn't, I've not listened to the whole space yet.
I wasn't able to make it yesterday. I did catch the clip from Gary.
I saw Gary's picked up, I think a chick picked up some chimpers,
some good vibes clubs, some quirkies. And you know,
it's got to feel good.
Those are a few quirkies that are probably never going to hit the market
again. If I were to guess, at least not in Gary's lifetime.
But Poppy, can you TLDRs the space from yesterday?
And what, you know, not just Gary,
but, you know, what the overall sentiment was on NFTs during Loki's show?
Yeah, absolutely.
And good morning, everybody.
Look, so, you know, Loki's show is great every Sunday.
I look forward to it.
I think a lot of us do.
And yesterday it was cool because Loki opened the show and the sentiment was pretty solid overall coming out the gate.
But actually, I think it was the earliest topic of the show was uh
gary v on the timeline and how gary was you know talking about v friends and um was communicating
with holders and you know just he had one tweet that really blew up and he was interacting with people and
it was really it was really good to see and loki loki was basically saying how you know some people
like in crypto twitter give gary a lot of slack and how people you know haven't seen him in a while. And he was just asking opinion on it. And, um,
I jumped in and, uh, shared how I've known Gary for quite some time. And, um, I actually saw him
speak in, uh, 2013 at an event and, um, have followed him ever since. gary was a big reason why i got into nfts and then um i just shared my
opinion that i and i hope i was opinion and a hope that gary will be consistent going forward and
you know just be more involved in a day-to-day basis with the broader space not that he needs
to go out and buy anything or whatever but just i think gary being around is good for nfts he's a credible source um he's known by millions around the world and he's super
passionate about nft so it's not fake it's genuine and then jeremy jumps up and jeremy was giving
some great insight we were talking to the friends and, and then all of a sudden Gary, Gary emerges
from the, uh, you know, from the, he probably, it was, it was like, uh, him descending from the,
from the ceiling. Um, but he came in and he, he actually talked for, I don't know, quite some time,
10, 15 minutes and shared a lot of his passion and vision and a lot of conviction for
not just v friends but for the space and he was super real too you know he was like look i made a
he's like i made a viral post in 2021 saying 99 of nft projects would die and you know that wasn't
the most well-received post but uh but you know this is where we are and he was giving a lot
of praise to punks he you know basically just said look you know punks punks are it um they're
the only project that doesn't have to do anything it runs off history which is i think widely widely
believed and i also believe is true and And, um, and he said,
and he was just saying like the future of NFTs in his opinion and what he
wants to see more of.
And I think what everybody wants to see more of is storytelling,
character development,
and actually creating the broader ecosystem of the IP verse everything just being one dimensional and about, you know,
money and stuff like that. So it was really, it was a really good conversation and there were
some good questions asked. Um, and you know, I just honestly took the opportunity to say thank
you. And, and, um, what he was talking about comics and collectibles which are things
that we're working on for quirkies we've been before the acquisition and now even even harder
um we have a great comic and ip connect very good friend of mine um we have a few other things that
we're working on that um he spoke on and just, you know, gave him some gratitude and he, uh,
he showed Quirkies a lot of love, which I'm very grateful for. And actually we were
DMing back and forth pretty much all day till midnight. Uh, he jumped on our spaces last night
and, uh, was just having fun. He jumped in the Good Vibes Club Discord yesterday, was interacting with a bunch of people in there.
I think six or seven quirkies holders got VFriend ones yesterday.
A bunch of GVC guys got them.
It was a really cool day because, you know,
obviously Gary bought some NFTs and bought some quirkies.
I'm super grateful he bought, I think, some chimpers in GVC as well. Well, I know he bought GVCs. I think he bought a couple of chimpers. Um,
but it was more than, I think it was more than that, uh, for a lot of people in, in our chats
and conversations and even on spaces reflecting after he left and in our quirky stuff. I think just to summarize, when, when Gary, Gary's always,
I think, excited about digital collectibles. He loves collecting. Um, it's, it's who he is,
but when, when he is helping lead and guide this space, it is, it is better. I think he is one of the founding fathers of
these digital collectibles we call NFTs. And he did help onboard a lot of people, including me,
whether it was directly or indirectly. So overall, that's the summary. It was a great day.
I would have considered it a great day, whether he interacted with our project or not.
But that was honestly, for me, one of the best days in my four-year Web3 journey.
Because again, I've read his book.
He inspired me.
And it was cool to build a personal relationship.
He was asking genuine questions, wanted to know where I'm from, what I'm about, you know.
So it was a cool it was a really cool day.
And I got a V friend.
So I'm back.
I had a V friend a few times. But yeah, anyway, it was it was really good, Cap.
Any any mention or questions?
Any might we get a V con in 2026?
And I expect when at some point in the future.
I know last year wasn't going to be it,
but any rumors if we might see one this year?
Well, it's something that I'm really looking forward to.
So I was digging around last night as well.
But I don't know.
Jeremy's here, so maybe he knows.
Yeah, I think Jeremy's pretty tight-lipped
on things that haven't been announced.
But if you'd like to drop any alpha,
you're more than welcome. Stage is buddy um i will say this i think
um yeah it's it's it's fun it is fun in the space when you have people like gary that are
they're buying entities you know he's not going to sell them you know popping into a discord
getting people you know excited again that it. The space needs more than that to thrive, but it does help.
And I think more so I'm a little biased,
but it's not like I have big bags and chimpers, good vibes club,
or even quirky is I deal with a quirky that's in my, that's vaulted.
It'll never get hit the market, but good to see Gary,
not just buying an NFT because he thinks it might pump.
Like as he did say, 99% of these things are going to go to zero and was proven right.
Now it seems to be these are the ones that survived.
These are the ones that – not that he's saying they're not going to zero, but supporting builders who are still here and doing things.
And that I absolutely do love to see.
One of his, one of his big comments that really stood out to me, that is a cool perspective
is he said, he said he like, he was just making the point that you have to bet on the jockey.
And that was his big, like one of, I think one of the better clips there was bet on the jockey
you know bet on the leader bet on the team because most of these are not going to make it
from an nft perspective and you know betting on the person is is his conviction play which
made me feel great because that was a direct compliment to,
to myself, to good vibes, to chimpers teams. And, um, and so, yeah, and I do agree with that,
right? Because we've seen really good art, really good projects, but without, without the passion
and the heart behind it, the human interaction, the community, a real vision and a driving force, I don't think it's anything more than just art on chain.
I think what brings that art on chain to life is all the human interaction and direction that falls underneath it and rises it up. So I do agree with that. And,
and you can see it, right? Spencer grabs moon birds. They come back to life. Luca grabs pudgy.
They come back to life. I grabbed corkies. We bring them up a notch and, and put gas on the
fire, you know? Um, so I think it's, it's a prime example. Uh. Even as you've seen Yuga shuffle around and shift priorities,
certain things get that life, get that attention.
In this space, it is a difference maker, right?
So it was good, and I think he had really good takes.
He was careful not to overhype things, even in the DMs.
Like, you know, it was pretty
important. Um, and I, I was careful about even how I posted about it and stuff. So it's good.
I think this is the right way to do it as we go forward. Um, not shoot ourselves in the foot
again, but, but actually build it the right way. Yeah, no, I, uh, I agree. Very, uh, you know,
good take. And I saw we had a wild Jeremy pop up on stage
and we lost him.
Jeremy, if you do want to join the convo,
throw another request.
Love to get your, not going to put you on any spot.
I did hear the alpha from Katie,
who's pretty dialed in, says no.
The rumor is no VCon 2026.
Understood.
There is also another somewhat major conference, pretty major conference. I was
fortunate to attend last year, really enjoyed it, actually. It just got canceled. We're going to
talk about that more in detail tomorrow with Outer Lumen. She actually texted me. I would
like to discuss this tomorrow. She's got some thoughts. So I'm going to hold the deeper conversation. Um, I'm going to share the deeper conversation regarding that specifically, but, um, um,
yeah, it did another NFT conference did, did, uh, just announced they're not going to have
their conference this year.
It's not the one I said I
hope would cancel. NFT NYC should not be a thing this year or ever again under its prior forms.
No offense to anyone that works on that team. Just it's not a good conference. And I don't
think it helps the space at all. I would rather not see side events and things go on there. There's a lot of other flag pool events,
I think, that the crypto community at large
could coalesce around and have a bigger impact than NFT NYC.
But we'll talk more about that tomorrow.
I saw Jeremy jumped up.
Jeremy, you're welcome to share Alpha.
No pressure obligations.
But yeah, and then once you're done,
simple farmer, I saw you flew up. I don't see a hand yet, but I'm going to,
I'm going to step away, refill my drink here. I'll be right back.
So Jeremy wraps up and you don't see my you don't hear my voice or video.
Feel free to jump right in afterwards. Jeremy GM, appreciate you jumping up.
And yeah, what's all the, what's all the V friends slash V con alpha, sir.
GM I'll, I'll drop every bit of alpha while you step away from the microphone.
No, the only alpha that I drop now
is the nitty gritty details,
making sure people have the best information
that's out there.
And I also don't want to be the bearer of bad news.
I do feel that the VFriends community
and the wider NFT community for that matter, and I kind of appreciate you reminding me of that, is looking forward to the next VCon.
And it needs to come into the conversation, but I don't know what the outlook is for 2026.
But there will for sure be another one.
I think we didn't do one in 2025, and that was pretty well known for the purpose of building out the character lore and
i think the community can see very direct impact that just like not having to have the team split
focus building this massive conference allowed us to like develop the comic book program start
to tell the origin stories do more trade show events because we're still doing tons of events
we're just not hosting them um
outside of our trading card games and you know a couple one-offs here and there but i just wanted
to pop up and join the conversation it was a fun day yesterday um i'm glad that uh i'm glad that
the timeline got got a dose of gary's energy because i get it all the time you know in private
meetings and planning and strategy, but obviously, um,
yeah, you know, I don't know why that video that he posted happened to do as well as it did,
but I'm glad because my DMS are on fire with people who are really genuinely looking at
be friends and passionate about this community, this wider community. And yeah, I think there's
going to be a lot of fruitful collaborations and conversations that come out of it.
So I'm excited.
So Poppy said something in passing there about more than just the Jalart.
And I think especially when it comes to – let's segment PFPs for a second.
Can they be art on chain?
Can they just be, as Gary's used, the rookie card?
as Gary's used the rookie card?
Sure.
Sure.
I think for this current supply,
really probably for most of them
and the people here,
anytime in the short term,
like fast forward a decade,
might the rookie cards and provenance
and the early ones matter?
Yes.
NFT technology is not going anywhere.
I do believe for the category,
in this case,
PFP NFTs, to have another moment where people who aren't here want to come in and buy these things in the short term before any of the brands.
Fast forward two decades and Pudgy Penguin is still a going concern.
You're still seeing gifts and toys.
It's hard not to see a world where those
OG PFPs aren't more valuable than they are today. Same thing with apes. Same thing with
bee friends, et cetera, et cetera. Gary's on record saying this is his life project. He's
going to keep building and working towards it until he dies. Therefore, you fast forward a
couple of decades and yeah, I absolutely could see these assets appreciating. That said, in the short term, in the year 2026,
whether it's what's going to excite people here, or even more so get new people to join.
I do think utility matters. I do think I'm not saying that all NFTs need to have utility.
They shouldn't. I do think utility matters. I think Gary was probably ahead of it a little bit
when he did the three years of utility, in that case, the conferences. That said, I also think
I saw, correct me if I'm wrong here, and not that there's promises of utility, but I think I saw
recently, was it the CODAs that received some new utility that was, you know, maybe not like part
of a roadmap or announced it, but feel me, am I correct in what I'm thinking here about like the
CODAs within the VFRIEND OG collection received some sort of perks, but I got a briefcase or
something. Did I catch that or no? Oh, you threw me off for a second because your basie brain said coda but in our in our world
it's a koala yes and so took me a second there um yeah the the koala 2025 was a special token
in the book games launch so everybody who bought books got a book game there was a very rare one
that you could get and like so many nfts also went on a very manic run um and the name was koala
2025 it dropped in 2022 january 22 so everybody was very much anticipating what the hell does this
thing do and we rolled that out and it's actually going to be our first rwa like proper rwa nft
represents the physical item it's a collector's briefcase which with limited stuff
that's only created for that drop and a chase inside where eight out of the 499 cases have a
series one gary originally owned which is uh overall has gotten like really positive feedback
partly because we did a three-year rollout of it.
Like, they're going to get that airdrop January 14th,
and they can start redeeming their briefcases.
Then they'll have another briefcase coming in 27 and another coming in 28.
And frankly, I think that VFriends needs to be a leader in the RWA space.
Obviously, we have great relationships with Courtyard.
You know, I know the Dilley team, like there's been a lot of progress made in that sector,
but VFriends hasn't really gone in headfirst.
So I'm interested to see where that develops.
But to go back to kind of your conversation, first, I want to say like VFriends isn't doing
anything short term. So let's start
there as a premise. Now, obviously you can't do nothing. Like you need to strike when the iron's
hot. You need to be thoughtful about the consequences of your actions today. But when
we're thinking about like, okay, what does the cadence of how we release the comic books and tell the origins of these stories mean today for our holders?
We're also thinking about the impact of that over 5, 10, 15 years.
And I've followed really closely like the conversations that you've had here.
You've really hosted some great conversations at the end of the year around everything that's going on with NFT strategy and alignment between holders and companies. And I think it's super warranted. For VFriends, I would say the collectible aspect
is much more powerful than people realize. And maybe that's an offside take, and it's going to
take years for people to catch up. And it's one of those, like you stake your reputation on it and you're either right or wrong. But the token itself is
so valuable because of its programmability. You know, like we have a lot of one, one of one
collectibles in VFriends that have been parts of different releases or special, yeah, special
collaborations or whatever. But there's only 1175175 one-of-one Series 1 NFTs.
And there are complementary cards, physical trading cards that look, have the same character
and spectacular type. But if we wanted to do something special at a VCon, for example,
for token holders, we can't activate around a physical card. And I'm obviously
preaching to the choir here, but I think the program layer, the utility layer, if you want
to call it that, is not, I don't view it as something that is always on. I view it as
something that is always possible. And that's also why Gary was so excited to build on Ethereum,
because he knew that regardless of where the market went, regardless of whether like Labubu was hot and blind boxes or we're venturing into trading cards and collectibles, comics, VR, AR, wherever the market is, we can make VFriends relevant and drive value back to holders as we build the business through that programmable layer.
So that's how we think about it i love it i think when i say utility i i think that's it doesn't need to
be always on utility i think the holders the supporters the brain ambassadors it's easier
for them to tell the story if they if they're able to share real life examples of perks and
utility they've received over time and to know that that there is going to be a focus there it is going to be something
it also like you it is fun to speculate it it's not fun to speculate to just pump up a price and
then dump on someone's head but it's fun for a community to give them things to talk about i
think of like i'm just going to lean into movies and stuff today, by the way,
Koda, Koala, Morgan Freeman, Samuel L. Jackson, tomato, tomato.
They're all the same. Um, if we're going to talk about,
if we're going to talk about, um, you know, what,
what's going to get the people here to move,
what's going to start building momentum? Always on is hard.
It's not sustainable.
But programming against the technology,
I would like to see more of that.
I'd like to see more experimenting.
The tech has changed a lot since 21-22.
I'd like to see some of these legacy collections,
these legacy NFT, PFP brands,
lean into what they can do with the tech,
what can they program against.
And there's some
simple things that could run back but like we talked about with outer on here a couple tuesdays
ago by with by the way she'll be back with us tomorrow i'll pin the reminder link for tomorrow
up top here in a second uh would love you to hit that as we're going through the show today and
and rejoin us we're here live every monday through friday at 8 a.m eastern time and um i'd say i'm not going to you know
mistake morgan freeman for a uh the actor for a trump hating um twitter personality uh for a
another actor that started different movies every day but i will probably make multiple mistakes
every show but i'll own them so uh join us again tomorrow at eight we'll dive a little deeper but
one of the things outer did say recently just we were talking about like merch and stuff and
even even something as simple as like programming against the nfts for like trait specific things
or custom merch like there's there's a lot that can be done that to jeremy's point you just you
simply can't do with a physical collectible you can't do with a physical collectible. You can't do with a physical card or physical vinyl or physical merch
if it doesn't have the technical component.
Are there other ways?
Could you just use an NFC chip
or email or register the serial number?
Yeah, there's other ways to do it.
Non-fungible token in the blockchain technology,
I believe it's the best that we've seen
to incorporate these two worlds
and help these real world products do more.
And I do think some of that is on these NFT PFP founders
to push the envelope a little bit,
do some experimenting,
because I do believe we're at the forefront of that.
We're at the bleeding edge of NFT tech.
And you're talking about RWAs and VFriends moving in that direction.
It's like it's easier for a NFT PFP native brand to experiment what they can do with NFT technology than it is for a Web2 giant, than it is to a new startup starting today.
Like, have some fun.
Not everything is going to be the next greatest thing. But we're
never going to get there if we don't attempt to do stuff. So when I say I'd love to see more
utility, it's not free magical internet money. It's not lifetime access of banger parties. Like
some brands, it makes sense to have those those get togethers, those conferences that that sort
of stuff. And it doesn't always have to be a cost, a cost center. It can be profit
spinners. If the brands are building properly, they have sponsors, like it can be a profit center.
So it takes a lot of time, energy, and effort to do it right. Jeremy, go ahead and get back in here
and then we'll go to Mosher. Yeah, Cap, I couldn't agree more. And like, I want to say on one hand,
I'm very proud of how VFriends does this. And on the other hand, I'll be the first to say there's a lot more that we can do. But for us at vFriends, it's the outlier when there isn't
a token benefit to something that we're doing. For example, one of our biggest releases, if not
the biggest release of last year was our partnership with Topps Chrome. And that was
challenging for us because that's a tops produced and distributed product.
Like that's a licensing situation. But we worked very hard with them to secure enough allocation to
make sure that every series one holder could get a box at wholesale or not wholesale at retail.
And if you're familiar with these trading card drops, they tend to jump up from retail pretty
quickly, at least a bit. And Chrome boxes happen to do really
well. They went from $99 to around $600, $700 a box. Now that's only one box for each Series
1 NFT token. But for a lot of people, that was really meaningful. That was $300, $400,
$500 profit if they sold it, depending on when. but on a more like always on basis it's not it's not um
it's not overshadowing the difference of the cost of their nft but like every time we release a
series one holders get 20 off and series two holders get eight percent off it's it's not
life-changing discounts but it shows a commitment to how important the token ownership is in vFriends.
And that's true across literally every single drop.
Like, I'm sure there is an outlier,
which is why I say it's the outlier when it doesn't happen.
And, you know, that's a large part of my job as well,
working with the community team and working with Andy and Gary
to say, like, you know, how can we get more?
We did a treasure,
we called it the treasure chest. It's like a high end gemstone pins and graded coin mystery box,
which is like a high price item, you know, and all these new products that we,
I say it's high price at $350 MSRP. When we do a product, whether it's more higher end like that, or like our super
sticker box product, which is, you know, 12 packs, 100 characters to collect that's coming next
month. Those packs are going to be like, I don't know, maybe $10, right? Like there's different
entry points for different people. And while we love for the holders to collect those, Gary's constantly on live shows
saying like, you don't need to buy this stuff. Like we are making this stuff to create more
touch points for people who don't know about VFriends. Because the other like really important
piece of context in this conversation is the addressable market for whatever you want to call the sector, NFTs, PFPs, whatever, on-chain art, the addressable market is not here yet.
Like 98% or more of the addressable market just isn't even interested in spending their money in this way.
But they're used to buying physical collectibles.
They're used to buying comics, maybe more so cards than comics, but we're really looking to jump on that trend that we see growing over the next decade.
And as people make touch points, have affinity towards specific characters within the VFriends ecosystem, they go down the funnel and say, okay, what are the best versions of this character?
Okay, well, this character's got a coin.
Oh, they've got cards.
Oh, what are NFTs?
Gary keeps mentioning that.
What is that?
Oh, they've made it easier than ever to buy an NFT on Rarible with a vFriends wallet, sign up with email in three clicks with Apple Pay.
Yeah, I'm willing to spend $150, $200. We've had people buy $4,000 Series 1 NFTs
just simply through that process of getting into Topps Chrome
and sometimes in weeks, sometimes three, four months,
getting into NFTs.
And I called it up because I've been playing around with Dune a lot
thanks to ChatGPT.
And in the last 90 days, there's been 63 wallets brand new to Series 1 that bought 125
tokens. And there's been 313 new wallets that bought 572 Series 2 NFTs. Now, what I don't have
is the flip side of that coin. How many people who, and I have it, I just haven't refined the
query yet, but like how many people who have been I have it, I just haven't refined the query yet,
but like how many people who have been holding VFriends for six months or a year let theirs go?
You know, I do think that the full picture is the net net of that, but very clearly,
like we onboarded 367 unique wallets to VFriends NFTs in the last 90 days. And that's in a period
of time where NFTs were pretty much down only. So, you know, I think we're's in a period of time where nfts were pretty much down only so um you know i think
we're aligned on a lot a lot of that and i hope that provides some good context about what we
what we're doing it does very much appreciate you sharing and the alignment matters i was
not like critical but it was feedback i shared with like the recent board api club merch drop was
feedback I shared with like the recent board API club merch drop was yeah, exclusive items are
cool. That's one thing. And that that's, I guess that checks the boxes. There's, there's some
minimal there. There's at least something different for holding the assets that you get. Oh, you can
buy, you have the right to buy this item that no one else gets. And I get that. I'm not downplaying
exclusivity. That matters. You want the members jacket, you need to be a member. Cool. Makes sense. It also seems to me like very low, very low hanging
fruit when you're selling something that presumably has decent profit margins. If not,
you need to read, you need to, you need to find a new merch vendor. If you're not making money on
your merch, find someone new or change change the pricing but the prices sold presumably knowing a little bit about that space
profit margins are decent i know free shipping can be challenging at times you're dealing with
international community so i'm not saying give free shipping to all holders but there's things
you can do the suggestions i threw out specific to that example was instead of just selling all the socks for 15 bucks or whatever, you know, holders that make $100 purchase or more get a free pair.
Or the same thing with the bag, you know, that you saw at like 8Fest, the reusable bag.
Like, I get they want to, if they're sitting on inventory, they want to sell it.
their costs, if they're selling it for $20, their cost might be $5.
Their cost, if they're selling it for 20 bucks, their cost might be five.
If you give a free one to a holder that places a $100 order,
you should still be making money on that order if you're priced properly
based on just basic retail margins, direct-to-consumer margins.
I'm not knocking them.
Please don't take this out of context.
I'm not knocking Yuga.
I'm not mocking BoardApe or their new merch store.
It's just an easy, fresh example.
And one where, yeah, they gave some utility by the one exclusive item or a couple exclusive items.
I don't think it would be much effort.
And I think it would have driven more.
It would just have been good retail.
I bought nothing so far from the merch store.
I've got way too much merch already.
Nothing was like, oh, I got to have this piece. Not even kidding, because I like discounts and deals. If it was,
I like the socks, I wear the socks all the time. If it was holders who spend $100 or more,
get a free pair of socks, I'd already have $100 order in. I'm spending $100 to get a free $15
pair of socks. They will be making money on my transaction. Maybe I'm the only person in the club that would the things like that. I doubt it more so, more so than my buying habits.
It just it, it shows ongoing consistent alignment. Therefore, as a holder, you can
hold that asset with confidence that your lifetime membership or holding this vfriend one for the
next couple of decades am i doing so with the the bigger bet thinking that it should appreciate over
time if if gary keeps building yes sure it's a lot easier to get confidence again speaking for myself
and holding that asset when there's so many things to do with our capital in crypto,
there's always something going on. There's always something that you can make your assets
productive. Oftentimes at little to no risk. Stables, you know, go farm your stable somewhere.
You know, that's, you know, 20%, you know, a year, that's going to appreciate pretty well
over that couple of decades. Like there's, there's a lot going on. If I know there's going
to be additional perks, additional utility,
not every day, every month, every year,
like to be something at least once a year,
I think probably once a quarter really gets that momentum going is like,
Oh, because you never know for some people,
I might tell the story about the free pair of socks I got for others.
It might be, Oh, I got to go to this ape fest,
or I got to go to this clubhouse. Like you'd never know what utility, what perk is going to resonate with each
of your holders. They're all different. There's a few things you're going to do is going to make
everyone happy. But I think anytime you have any activation, find a way to use the tech,
even if it doesn't mean anything that is free or costs you anything different.
Maybe it is just exclusive access maybe it is early access
it's just like there's so many things you could do do something at minimum because it signals
we're aligned with our holders anything we do we're going to make sure that we we give our
holders some extra perks some extra value that's part of the power of nfts in particular pfp nfts
that were launched with some form of utility.
I'm not saying VFriends owes that to their holders.
They don't.
They were very clear the utility ends after three years.
I'm saying it's part of what makes NFTs better than their physical counterparts.
Why would you not lean into the programmable technology?
Let's go back to Jeremy for response.
I know I said Mosher, but Simple Farmer was up here.
Before Mosher came up, I said we're going to go to him.
So we're going to go back to Jeremy for response, then Simple Farmer, then Mosher.
And then we've got another quirky quirk coming up too.
Jeremy, go ahead.
Yeah, I'll be really quick.
And I want to also invite anybody who's seen VFRIEN's energy on the timeline and curious about what we're doing to message me.
I'm happy to give you all the details and spend time with you.
My calendaries in my bio.
Sorry for the shill cap. What I wanted to add to what you're talking about is I do think it's
important to have compassion for the teams because the tools that allow for this are not
out of the box ready yet. And we've had this conversation on this space before where just
the tools for onboarding are not where you might have
expected them to be if you got onboarded in middle late 2021 or 2022 i don't want to excuse i don't
want to excuse too much but i do think but the point i want to make is like it's it's a really
good time for the nft space to move toward a PVE environment
and start to share the tools that make this possible.
Because like, yes, we have easy onboarding with things like Privy Wallet,
you know, embedded wallets, abstracted wallets.
But for what we do on Shopify, we had to create that custom plugin ourselves.
There's nobody out there that, and our plugin isn't even open source.
And I'm kind of on the other side saying like, maybe it should be.
Like these projects should be sharing more resources and more of their mistakes with
each other so that we can move faster.
You know, similarly, like we have our Burn Island interface where based on NFTs you hold,
you can burn the book games and get nfts physical
products cards etc that took like several months for several months to release and then probably
a year and a half to refine to the point where now it's really starting to hum um so i i don't
want to disagree with you but i i do think that there are probably a lot of teams
who have started, gotten so close to launch
and had to actually just kill what they were working on
because they couldn't get it to work
because the integrations to Web2 are not as easy as it may seem.
Yeah, no, all good, all fair points.
I really do appreciate you sharing.
No apologies to Shil.
I appreciate every time you jump up on stage and give us some insight.
And that's the least you can do.
If anyone does have further questions and wants a deeper dive, you're in great hands with Jeremy.
Don't be shy.
Reach out.
And also part of the beauty of NFTs, it's not just on the founder or the leader or employees.
Sometimes you'll get a lot of support from those in the community,
those that are passionate about the brand.
And whether it's something like Welcome Apes
that Dort and Lawl spearhead
and lead that welcoming committee
for the Board of Yacht Club,
there's so many awesome things that come with this space.
It's just, I do think it's a, like a one plus one
equals three type situation when if the team is focused on alignment and the community is aligned
and one of the ways to show that alignment is different forms of utility and or simply leveraging
the tech. Simple Farmer, I saw the hands down, but did you want to get in here on anything we
hit this morning? And then we'll go to Mosher to motion next yeah for sure uh just super bullish on the start of 2026
really glad to see for example vitalik talking about anything besides airborne diseases when
he goes with you know blockchain infra based uh you know conversation just way better i think
everyone thinks it way better so i was really glad to see super bullish on ETH
and everything built on the Ethereum virtual machine going forward.
Also nice to see Mainnet with really low gas fees.
But also really glad to see the Quirkies team here.
Really glad to see Jeremy from vFriends.
Both who were coincidentally on my list of people I wanted to talk to this week.
So would love to sit down and chat with you guys regarding getting both V
friends and a quirky's into the Yuga other side metaverse,
some form of avatar.
I think,
you know,
we're building in public here,
so why not just do a little BD during the space?
We did an awesome activation with good vibes club as well.
It's just a no brain.
Yeah,
man.
I'm already chatting with Baron and Machiavelli.
I it's a,
it's a tall task, but I'm, I'm here for it. Golden, golden, man. Sounds great. And yeah, I'm already chatting with Baron and Machiavelli. It's a tall task, but I'm here for it.
Golden, golden, man.
Sounds great.
And yeah, I mean, it's just the other side stuff is just beautiful,
beautiful marketing stuff, especially with the Kota selfie stick.
It's something that I just think it's just like a great way
for us NFT communities to collaborate and work together.
Yeah, in addition to that, Cap,
I'd love to get your thoughts on the news I dropped during Christmas.
So, you know, I work for ApeCo,
and one of our core pillars is Board API Club.
You know, obviously, other side gets a lot of love.
ApeChain, ApeCoin gets a lot of love and a lot of bandwidth.
And so I've actually been diving deep on ways
to create additional speculative interest and buy pressure on the BAYC NFTs.
I think earlier in the year, we noticed TokenWorks with the NFT strategies.
Tokens do something really clever, which was for the first time, essentially utilize a DeFi-based revenue to create buy pressure on NFTs.
based revenue to create buy pressure on nfts and you know although token swaps and token swap fees
are a nice piece of revenue there is a greater piece of revenue in defying crypto and that's
perps perpetual uh futures platforms so i did announce that and what i decided to build to
support this essentially is clutch perps which is a fully stacked, fully loaded perpetual trading platform. And it's going to dedicate 20% of its net yield, so net fees, profits generated to an
NFT treasury that's going to essentially buy board apes off the floor.
And so, you know, in terms of how much can that be?
Well, you can look at what Purps platforms make.
The number one Purps platform on Arbitrum of the GMX, talking about hundreds of millions of dollars. Number one in the world is between Aster and Hyperliquid, obviously making a ton of money, which Hyperliquid uses for buybacks of their token. token and so this will be now the first example of a perps trading platform that creates buy
pressure on an nft collection so i'll be excited to launch that later this month just wanted to
get your thoughts on it um i'm excited to see how it plays out i'm curious to learn more definitely
have to bring you back for a full deep dive you said later this month the month do we think like
i'm guessing second half of the month yeah absolutely so i would say the week the third week third or fourth week of january
oh we're we're ready now we're just doing a little bit more beta testing and i want to
release all the additional features with clutch at the same time with the leverage prediction
markets on on polymarket pools and calci it's going to be a new look as well uh we're doing
an interesting token but yeah there's a lot to deep dive i did an article that I did an article that I'll pin up top if you don't mind, Cap.
Yeah, go for it.
Sorry for Duke.
I don't know if the barking is coming through in the background.
Yeah, do pin it up.
And this is the other thing.
In all seriousness, I do think alignment matters.
I do think perks utility matters.
The other thing we really haven't seen in a nft bull market are some of these other mechanics these other protocols i guess last
nft season we did have nft5 we had nft lending limited but we did have a you know one then two
nft lending protocols we didn't have something like NFT strategy, like this stuff didn't exist.
So now that you have these mechanics,
these protocols that theoretically should do more to bolster momentum than
did say blur farming,
it could get exciting if we do see a true run.
But looking,
looking forward to learning more about what,
what you're planning to launch.
Thanks for sharing.
Let's go motion.
We'll quick motion GM. Hi, mate. hope you had a good christmas and new year i feel like does anyone else have
that thing where like between christmas and new year they're in this sort of state of limbo where
they don't keep track of like the days or like what time it is and so like today is like my
first day back and i'm kind of like what dimension am i in how many 167 unactionable emails i need to do i'm
like oh no oh yeah oh no i host a daily show we took no days off we even i know i saw that i was
like fair play to you chris i mean clearly you've got your shit in order because i definitely don't
i looked at myself on probably both days this weekend and could had no idea what what day of
the week it was like i i'm i know i have actual like i can't completely check out and yet still like you could have asked me on i think it might have been friday i had no idea
and i still had to do did you do christmas day did yeah but i still love wow oh no that's nothing
but admiration for that mate i mean i'm i'm you know when you get started after like a time away
and i'm kind of like uh you know i'm sitting at my desk and i'm like i've got to do these number
crunching all these sorts of things that are usually actionable at the start of the
year.
So props to you,
man.
I admire you.
And by the means,
if you're not hosting a daily show,
you're not some weirder like me,
that's all about consistency and forming routines and habits.
Don't like take your time off,
enjoy your,
enjoy your time,
check out,
recharge your batteries.
It's just became part of our thing here is showing up every single morning and to the took it to the
extreme and now if i don't miss a day it's a lot easier to not miss a day to not take a day off
makes perfect sense those who do it's just yeah as soon as i take one day off then it's easier to
take another day off at random and then another day off at random everyone would understand that's
cool but um no i completely get it like Like my girls like that with Pilates.
She's like,
if I take one day off,
I'll take two weeks off.
So I get it.
So let's take breaks.
But for me,
I didn't feel like going to work out yesterday,
but I did because if I go seven days a week,
it's,
if I don't go seven days a week,
for me,
it's much more likely that not to do six or five,
it's probably like three or four becomes the norm.
And that's also fine. It's just, for me, it works better to do six or five, it's probably like three or four becomes the norm. And that's also fine.
It's just, for me, it works better to do things
every single day and hardwire.
It's not just a short-term habit.
It's literally hardwiring my brain
that this is what I do every day.
And this show is one of them,
at least the five days of the week.
Go ahead, Marshall.
Yeah, no, I admire the consistency, mate.
No, I just think the conversation around collectibles,
merchandise, and sort of income streams for NFfts or nft companies is an interesting one for me collectibles has been an interesting
journey which i'm you know certainly not being conclusive as yet but i'm certainly learning
along the way and i think as i said previously on the show i feel like nostalgia is sort of to a
certain extent you know a business model that is used for like speculative purposes to some extent
within certain avenues and so you'd say well this might be collectible in the future and like you
know and you know i was thinking about um putting together an article towards what i'm learning
about collectibles and the journey along the way and like you know as everyone says everyone's been
collecting for a long period of time in fact in the uk people you know there's programs about
collectibles about you know people that collect egg cups and you know newspapers with you know no real intrinsic value
but i think you know where we're at with web3 i mean you your point you made a point earlier you're
like you know why can't we just into i mean you didn't say exactly but i kind of asked the question
and sort of agreed with you about like you know the integration of blockchain technology amongst
the avenues or the income stream avenue of merchandise. So like, why don't we just integrate, you know, this blockchain
technology amongst, you know, the merchandise that's being proposed, you know, via these NFTs.
And that, that does make sense. I also feel, I'm not a product specialist by any means, but I kind
of feel, you know, I think buying a t-shirt or buying something that represents the brand so
that you can socially signal that and signify that you indulge in the brand makes sense.
I'm really struggling with that collectible aspect of things.
And I think the crossover into the NFT world when we look at external dependencies and utilities specifically,
what do I get as a result of holding this token is a conversation
all in itself. And it's an exciting one. But also, you know, I believe it certainly bears a degree
of caution that everybody should, you know, I think everyone's already learned now already,
right? So like, you know, someone says, well, we could do this, you know, we, you know, if you hold
this token, we could do that, you know, we could decide that we want to cure cancer or something
like that. And it's like, there is a degree of endless possibilities that speculation drives towards holding the NFT that holds a degree of utility you know amongst
that speculative position and so what I really loved about things like uh like Basie for example
is like you know you get those IP rights with the NFT and it's like you know that's cemented
in place I mean there's caveats around you know when we look at things like Moonbirds when they
decided to go from exclusive IP rights to Creative Commons licensing, where it's like all of a sudden, you know, if you were building, you know, like maybe like a burger, you know, restaurant or something, and you were using your Moonbird to platform, you know, the IP of that burger restaurant, you know, all of a sudden, in a day's time, you know, the following day, you know, your neighbor could use your own moon bird um for
intellectual property purposes to actually platform their own burger restaurant so it was
kind of like you know there's a degree of um caution there when it comes to you know what
you actually get as a result of of holding the said token so but then again it's like i think
you know the web free landscape the the i think the main demographic of people fortunately or unfortunately that actually currently inhabit web free are of speculative
nature so they love that gambling dynamic of you know what's coming what's the anticipation or
what's the expectation and many of those things are not necessarily cemented in place i don't
and i also feel like whilst that ecosystem is propping up web free, I don't necessarily know if that is conducive with
retail onboarding success. And so it's like, you know, like, I think if we're pre, you know,
can be considered somewhat of a casino, does that broaden the scope of like, you know, you know,
indulging the, you know, the grander populace of the world of saying, you know, come on in,
why don't you, you know, participate amongst these said projects. So that was kind of it. I just, uh, that's kind of it really,
to be honest with you. But I think, you know, the tangible aspects of like merchandise and
collectibles, they're actually really fun. Whereas like, you know, like nobody, you know,
unless you really love spreadsheets and like graphs, you know, like then, you know, fill
your boots type of thing. Um, you know, if you want to trade in our positions or if you want to leverage trade that's that's also fun to a certain extent
but you know i think that is there just seems to be a different facet and dynamic to web 3 when you
start building in these real world assets you know and then utilizing real world assets with
technology as you alluded to earlier really does make sense but i yeah i just don't i'm i'm still
learning on it i'll be honest with you yeah
it's just an interesting conversation and it makes it so much it's just you know nfts are like the i
just find them really a lot more interesting than like you know liquidity provision or leverage
trading it's like yeah okay you may be able to make more money but there's just a certain romance
that you don't necessarily get with like holding a brand in your hand in a sense when you
when you have the merchandise so yeah yeah no i i hear you and um i i agree i do think
like a base core utility is good important for those that launch with some sort of utility
it doesn't need to be anything crazy, but something to whether it's IP
rights or an annual conference. But then when there are opportunities to program back against
it, I think they should be taking advantage of those opportunities to think critically about
what can we do to incorporate the tech? What can we do to tie these things together?
I just I do I think each every time it's not going to be work for everyone, but it just it may not be utility that someone realizes or alignment
that they care about. But it reinforces the alignment of the brand, and the holders, the
supporters benefiting from holding set asset benefiting from supporting the brand being that
brand ambassador beyond just the
average consumer or, you know, someone who sees a, you know, a merch drop and they go
buy the same thing and pay the same price as somebody who wasn't holding the asset or
supporting the brand.
I just, I don't, I struggle to see why not do those sorts of things.
And I think as far as the collectability goes, it's just, it's timeline.
It's, it's having, it's it's having its long term timeline versus short term timeline. And
it's hard for me any any of them to see short term collectability
grow significantly in value in terms of more demand of net new
buyers outside of some sort of mania floor prices running people making like
there's got to be something I don't I don't see others entering many others entering the space
just to collect digital assets just because without the market continuing to going up without
some excitement going, rebuilding.
And it's easier to, they're not going to buy this asset because, oh, it might get them free shipping or a free pair of socks.
It's easier to justify why I continue to hold this.
i hold the asset or not like always having something going it's why like i liken it to the
I like the community, but I kind of have the same friends, whether I hold the asset or not. Like always having something going.
the analogy be why retail stores shopping your supermarkets every month they have a holiday
going on every month there's a retail holiday well there's always something to talk about there's
always something to promote there's always a a discount there's always a reason to shop at
public's versus the other place because they they've got this they've got this special this
weekend uh quirk here or marsh you're going most you're going to get back in here for a response we'll go quirky quirk yeah sorry man i
know you're trying to uh i should have really come in earlier but it didn't really cross my mind
um yeah i collect was just an interesting term right like so i'm learning about it at the moment
when you know i was like what's the difference between modern collectibles and you know traditional
collectibles and like baseball cards i don't know anything about them i mean i still i'm still
learning in a sense of like when you look at the traditional 1950s collectible cards they were
given away with bubblegum right that you know you buy some bubblegum and you get these cards and
then through the rate of attrition you know that you know that some of them get bent or broken or
lost or whatever um there's this degree of rarity um that established itself through that and then i think where because i can't
quite establish whether it's just my own degree of uh discovery right but i'm like where like
there's box breaking and all these sorts of things as collectible cards and all this
and i'm like is this new is this just because i've is this because of the ecosystem that i've
been operating in and it's kind of like, you know, it's always been,
I don't think it's always been there,
but there seems to be this certain spotlight at the moment when it comes to sports cards or collectibles in general.
And I'm trying to figure out really if it's always been there
to the extent that it's presenting itself currently
and then what that necessarily means.
And I really don't know.
I feel like when we look at a brand, when I look at a brand and I, I don't, I don't, I really don't know. I feel like when we look at, when we look at a
brand, when I look at a brand and I love the brand, I want to support the brand and I don't
care about, I don't care about if I was to buy a piece of merch, oh, maybe I do care about the
speculative value in the future, but then I, yeah, I don't know. I don't know. I'm talking in circles,
but I feel, I feel like from a merchandise, merchandise Avenue for an income stream for, for an NFT company,
that makes perfect sense because it's like, well, you can't just keep, or maybe you can keep
releasing NFT collections, but then, you know, you, you get this trickle down effect of,
effect of dilution, don't you? So then the exclusivity of the said original Genesis collection,
you know, becomes more or less diluted.
You know, you could, you know, there's two ways to it, isn't there?
But then again, you know, are we viewing NFTs as a collectible
or are we viewing them based on their external dependencies?
You know, a good example of an NFT project was the Etihad one,
where they would, if you bought the NFT,
you'd get access to the business class lounges um for
you and then i think for you know for a plus one as well and i was like that's a priced in
nft project right but it doesn't leave any degree of price volatility subject to speculation because
it's like well you know what you get right and i think there is this dance that Web3 currently does within that volatility towards price discovery for the project.
And I just view it from a consumer standpoint, mate, to be honest.
I'm like, if I'm a consumer, how do I best spend my money to get the maximum value extraction as a result of things?
And I also obviously try to be empathetic towards a company standpoint that's in its formative stages.
So it's like, well, you know, we've already released an NFT project.
How can we make more money to go through, you know, the, you know, the,
the, the season, the ups and downs of, you know,
the general markets and its volatilities and its, you know, its drawbacks.
So yeah, really, I just love,
I really love talking about and learning just like listening and learning.
So I appreciate you letting me talk on it.
Yeah. No, thanks uh thanks for adding and um
good segue actually the last thing i want to hit on here today is specific to nfts and you mentioned
their like secondary collection or this one i think is launching a secondary collection how
they're doing it i appreciate because it's not new supply i mean new tokens but not new supply
that's going to dilute the existing collection rather the, the only way to get it is to burn.
I do have pinned up top an article or rather a post that links to an article from BoardApe Gazette on this heavy metal burn claim slash activate the window to reactivate your heavy metal bots for the project's reboot season closes tomorrow
morning at 10 a.m. Eastern. That's in 13 minutes. Find out more here. Links to this article,
which goes on to say, as mentioned, the window closes here in 13 minutes.
2026 is shaped to be the year of heavies as new heavy metal owners Adam Weitzman and Gabe
get ready to transform the forgotten bots sitting in holders hidden folders into a thriving project complete
with new art other side avatars and more but before any that can happen holders need to turn
their hvs back on on chain we are sparing no expenses to make heavy metal legendary we need
your uh but we need you to take the first steps with us weitzman tweeted last week activate your
heavies detach your amps we're building something for the long term but the first steps with us. Weid's been tweeted last week, activate your heavies, detach your amps. We're building something for the longterm, but the first window closes on January 5th and we
don't have a date yet set for the second window. Don't let your heavies gather dust. So PSA action
to take right now. You got 12 minutes. If you have any heavy metals in your wallet, go click
the link up top or go to the heavy metal site. It's also linked in this article and make sure
you hit that claim activate. I mentioned earlier,
I had a bid in that bid just hit. So I'm going to go do this in real time and get my claim
activating because I want to support and follow along. You can see the screenshots here. If you're
looking, it'll, after you activate, it detaches your bot, the amps that are in your bots. I have
no idea what I just got other than it, like I collection offer hit so we'll go find out here in a second uh but for you know again you'll
eventually be forced to make a choice which is either upgrade to a bot to its evo 2 form uh by
using the six amps or burn the bot to receive a new pet i'm probably gonna go the burn route to
receive the pet but i i don't know what is happening with my bots i because he's not working
for heavy metal but the next thing i'm going to do after i go reclaim and activate here is i am
going to move this over to ape chain so i'm going to go simple farmer and then we'll go back to
jeremy simple farmer um after i claim and activate i i'm going to bridge it to ape chain is that
correct yeah absolutely you can if you want to participate in some of the you know ape chain activations
there's a lot of community events for any nft community that exists on ape chain uh i'm a big
holder of heavy metal and so this is you know not financial advice for not the views of ape co and
all that good stuff but personally i just am in deep contact with, you know, Gabe and Adam and the team there.
I'm super bullish on any team that's as passionate as they are with obviously ample resources to do a lot of great work.
And we just want to have fun in the process.
Like they've mentioned, they're not like trying to play games or do any form of, you know, scam pumps, you know, however you want to call them.
So it's just going to be like a
plain honest building process and i do have some uh interesting information obviously
we'll have the option to evolve to an evo 2 but you'll have to have six amps the other option is
you can burn one or more of the evo ones to get the evo pets uh the heavy metal pets collection which is going
to be a brand new collection and every pet is one of one and also just to be clear i know for i don't
yeah go ahead i'm sorry i'm going to do is confirm the burn for activation but i don't have to
determine if i want to go the pet route of evo 2 today i just need to do this confirm uh claim so
that i'm reactivated for season two, correct?
Yeah, that's correct. And then you'll see how many amps you have. And then the next thing I know that they're working on is a peer to peer marketplace where NFT users from all of the big
collections that, you know, Adam has been investing in, where those users will be able to trade
NFTs with each other, you know, without without a middleman. And there's going to be some cool additional features there.
So really love what that team is doing.
So just want to shout them out.
Yeah, for sure.
I will hit on one other piece of Adam news here if we have time today.
But let's go back to Jeremy.
And then I'm guessing Machiavelli came up to mention something about heavy metals as well.
So before I claim, I will get Machiavelli here.
Before I claim, I will get Machiavellian here.
Jeremy, go ahead.
Jeremy, go ahead.
It's not possible to see which heavies have amps on OpenSea, is it?
Good.
Check Magic Eden.
Yeah, Magic Eden.
Oh, Magic Eden has it.
Okay, cool.
Go ahead.
They hit my offer on.
They're all commons, but it does have – it shows six amps.
So I just got lucky that it had six amps, huh?
Nice. Yeah, you're amps, huh? Nice.
Yeah, you're good to go.
Nice.
I was going to ask, am I wrong in thinking that there were originally 30,000 heavies for 10k apes and 20k mutants?
There was 30,000 heavies.
That's, that's pretty impressive.
Half of them activated.
I, that's, I mean, given sentiment and where attention is and how long it's been since
heavy like had its game moment that's pretty impressive yeah no i would agree um i think a
lot of that has to do with how active not just adam adam and game both are in the space at large
beyond just their own ecosystem, their own community.
I think it goes a long way when you talk about the other communities supporting,
often that is reciprocated.
And it is one of the nice things about this space.
It's networking to how it should be done in many cases where I'm not saying scratch my back,
I'll scratch yours.
But most of us here, you said it earlier, it's a good time to enter like a pve environment not pvp
i think most of us here have far more in common than we then then we don't and we probably share
far more in common with each other than an average member of of the general population so i i do let
whether it's you know gary hopping on spaces and support other, other founders,
whether it's Adam buying NFTs or, or pulling together events,
that's one thing I'll hit on here in a second.
We'll go to quirky quirk and then I'll, I'll come back to this,
but I think I'm done here. I've successfully selected my,
my heavy metal and my amps. I got, I got them claimed.
So I'm good until next season, right? McAvely.
I mean, you're good until they say we're good you know what I mean I I think that
once uh Gabe and them are gonna make another announcement once the the deadline's over and
stuff like that but they they're not gonna close the next window I'm I didn't know that half are
are already uh ported over I know that there was like at the beginning of the weekend there was
like somewhere like 6,000 of the collection that was activated.
And if you're telling me that halfway is activated right now, man, that's just exciting.
I think so.
I'm just going off OpenSea says there's 15,200 in the collection.
That's awesome.
I think it's pretty impressive.
Quirky Quirk, go ahead.
Get in here.
Yeah, good morning, everybody.
I'm all about that heavy metal
even though i'm not in the community you know i'm a big metal fan so rock on everybody but
i might need to get into that um anyway uh actually it's a good segue a couple different
things that were said here good segues to just a couple points i wanted to make um i was in that
space yesterday with poppy and uh gary and jeremy and it was just awesome to see all of the communities
coming together
that like Loki and Machiavelli and Alpha were having everybody come together
from all walks of Web3 life.
And I think that in my mind has still been, as we've talked to Captain before,
the network effect to me has always been the best part about this whole thing
and the people that I've met doing it and all these different areas of life
that I never would have come into contact with. So I think one, that was an incredible space. And I caught a couple
of clips of it that I put in the comments. I think you saw as well. So it was kind of fun to hear,
hear Gary, uh, talk about it. And then also hear Jeremy expand more on it because he's got that
in-depth knowledge of what they're doing. But according to what he was saying, um,
you know, I think what's awesome to hear from him about Gary's thoughts and his thoughts on it is how, even though they've got all these
awesome in real life, and I guess I wouldn't call them IRL activations, but just touch points for
Web2 people, right? For like regular people out in the world that want to interact with cool
characters and comics and books, like they've got so many touch points for it, which is actually what got me into the VFriends world to begin with.
I didn't even own one until yesterday,
mostly because I like to root for the underdog, to be frank.
And I was like, I'm going to support the Quirkies and Long Lost
and some of these other smaller communities,
used to be smaller communities, now getting a lot larger.
But I think what's cool is that they definitely keep in mind the fact that,
hey, like, even if you are, you can get into it no matter what by buying into it,
you don't have to own the NFT to take part in the community, which is what I did.
Like I had a book that I would read, still read actually,
the Meet Me in the Middle book to my seven-year-old.
I have a bunch of other like cards that they're super generous with on doing live spaces and
giving cards away to people honestly to be able to get people into into it and you know after
literally four years of touch points which is kind of embarrassing to say like yesterday I
finally bought a v2 and I talked to Jeremy about it he's like you know that's exactly what we want
to do is is have all these touch points with people just like marketing in the real world
right like you take six seven eight touch points with people just like marketing in the real world, right?
Like you take six, seven, eight touch points with somebody sometimes to get them into a community. And that's like actually legitimately what happened with me yesterday and with them.
But I love the fact that they're also, while they have all these touch points for regular people,
quote unquote, regular people, they're also don't forget their base, right? And I think they're
very good from what I can tell and what I've heard about ensuring that people who own the NFTs are always given something, some percentage off or given early access to something. with that. And I think that's the unfortunate part of some of the things that have gone on in this space that I think you need to be very, very delicate and knowing that, hey, like this base has
been with you from the very beginning. And for me, one example of that, and I love this project,
but I have had issues with it is with Micah Johnson and the Akitars. And I love it. I'm a
former professional baseball player myself. And I love Mike's story about being a former professional baseball player himself. And
he's had some amazing activations with Major League Baseball, even last year during the
All-Star game. I don't know if people know this or not, but he created statues that were given
out to the All-Star players of his character, the Acutar um and were given out as special basically awards for
them being all-stars like it's no joke like he has had some incredible activations they've had
acutar statues on like fox fox telecast of the world series so like he's doing some amazing
amazing things for the space and and bringing visibility and i love him for that and his team
for that but that being said i was pretty miffed when,
like as a long time holder,
like we weren't even able to get access to it.
And I think there's probably stuff on the back end of it.
Like, you know, MLB was probably like,
Hey, this is a very serious exclusive thing.
And like, we can't let anybody else
have access to this potentially,
but it hurt a little bit.
I'm not gonna lie.
Like I was like, Hey, this is kind of a raw deal.
Like here's our character, like finally in the limelight, finally in Major League Baseball, where, like, you know, I spent a lot of my time playing professional baseball, not Major League, but playing minor league baseball.
And I was a little bit like, hey, that's kind of shitty that we couldn't even get access to it in some way, shape or form.
Right.
There are also baseball cards that he did with tops, actually.
That was a Negro League baseball set, a really awesome baseball set for that he did with tops actually um that was a uh negro league baseball set a really
awesome baseball set for that matter and um that was another little bit of a miss i still got some
but like there wasn't even like an early access drop for for us so there have been a few things
here and there where i would say that's an example of like just to be aware and be careful because
that's a little bit of a raw deal for people who have been supporting you for four years now you know um so that was one one thing i wanted to say um the other the other
crew though that like on the exact opposite of the spectrum that did this real quick if i get on that
is uh valid i i do you know so don't a don't create an explanation yourself and and it is easy every everyone's different but it is easy to
feel as if you were over promised under delivered here one thing i did see i thought i saw about
this i could be wrong but i think they just did a um like a feature book at barnes and noble like
one that barnes and noble is going to be behind
and pushing themselves yep they did thought he included members of the community holders ip
in the book is that is that not right um i think that there's some of it i don't know exactly whose
was used i know there were a few like uh my name is glitch i think his stuff was in there like i've
seen him post on it.
I'm not sure exactly.
There wasn't like a call out for IP, I don't believe.
But that being said, like it's still super cool.
I mean, he's doing some amazing stuff and collaborations with, like you said, Barnes & Noble and New Era Caps and Major League Baseball.
So like I love it.
I'm super bullish on him. It's like part of the betting on the jockey, right?
And like he's somebody that I know, just because of his background, I mean, part because of his sports
background as a professional athlete, like he's not going to give up until he makes it. I just
know it, you know? So but yeah, you're right that there is that activation. I think for us,
it was like an early like 25% off, which that was cool, right? I'll take that for sure. But yeah,
that was just an example i was
just giving an example of some of the times that it came off and obviously there's no expectations
of it i just think you want to be careful to really include your communities because in the
end like that's the strong base that's going to go out there and be the like proselytizing for you
and want to tell people about it and want to make that flat wheel effect. Exactly. For the point earlier,
even when they're not obligated,
I think it's a net positive.
It's beneficial for them, for the brand.
It's a good business decision
to provide some sort of perk,
some sort of benefit,
whether it's discount or free shipping.
It can be different every time,
but to always do something for your base,
just to at least show that you're aligned.
It may not always be the alignment they're hoping,
but anytime there's an opportunity
to incorporate the technology,
I think it should be at least be attempted.
Go ahead.
Yeah, exactly.
And then I was gonna say just in kind of contrast to that,
and it's kind of unfortunate,
but like the other community that did activations galore
and did everything that I felt
was humanly possible for the holders
was the Megadeth digital team.
And I think Jillian Valentin's here
and the phenomenal AV and Mad Potters,
like they're with World of Women now.
But as part of the Megadeth digital group
and NFT that I bought a couple of years ago,
like, I mean, I've been sent little tiny, like awesome
Megadeth guitar models and got to meet and was front in line for VIP access to meet and greet
the band. Like this is a platinum, like one of the highest earning acts in history. Right. And
they made sure that us as holders felt like VIPs nonstop.
And so I feel like if somebody like that can do it,
like there's no reason that all of these other projects can't do something similar, right?
I mean, they're working with,
they have been working with the top end in the world.
And sadly, that Megadeth digital platform
has shut down as of like early this year,
but it was one of the most incredible experiences
like over and over again with them.
Like they send like stickers from old tours and like personalized notes.
Like they really went above and beyond to make,
make people feel special and be part of the team.
And,
you know,
so much so they're like,
I will wear that badge probably like,
even if,
even if the Megadeth digital army is not a thing,
like I'm,
I'm a fan for life for,
for what they've done.
Yeah.
awesome.
I saw Jillian giving the hearts. I'm sure she appreciates the kind words as well. And, um, army is not a thing like i'm i'm a fan for life for for what they've done yeah no awesome i saw
jillian giving the hearts i'm sure she appreciates kind words as well and um lifetime utility is
challenging and so i also think like some of these from a structural standpoint one of the
things that the v friends and gary has their advantage is they rolled this out with utility. So they
set that expectation of utility, but it was time bound, it was
only three years, they've delivered upon that. And so
they're not obligated to do anything else. But they're also
smart business people that they're, they're going to, from
time to time, align when they can use the tech where they can, I'm
sure if there's another
vcon that's probably going to be part of the past or probably get free tickets so i'm sure
they're not saying this i'm saying this and i'm saying this because maybe it's not free
but you know if you're a vfriends one holder and there's another vcon in 2027
you're probably going to get a free ticket free or discounted ticket yeah i would bet any amount
of money if there's an ever another vcon vfriends one orders probably more are going to get a free ticket free or discounted ticket yeah i would bet any amount of money if there's an ever another vcon v friends one order is probably more are going to at least get a
discount or some sort of extra perk or access maybe it's vip who knows but i i would be shocked
if it's just another ticket sale and you get no perks you don't even get priority order by
forwarding no g asset like i just they'll program against the tech because they can.
And it just, it makes sense to do so.
Shout out to Pingu rate in the abstract chat.
Appreciate the Pingu tip over there, especially as Pingu continues to rise.
I think it was Diablito who said it earlier.
It's like the account balance looking up and up on the screen today.
Two other things here, and I'll get you all out of here one i just pinned up top well i did i did pin up top the business we were talking about at the aku uh in barnes and noble uh book
uh if you're interested check out that more up top uh also like the more you know if you weren't
aware if you weren't around back then this is one of the like the tragic probably more tragic smart contract stories that i can remember in crypto uh micah minted the
aku dreams or aku's the the avatars the the space head that you're the character he's made made uh
popularized there was an nft collection there still is but it's the the the second i believe i'm
gonna probably butcher the specifics here but the tldr the first one that he minted there was an error
in the contract maybe it is still the og collection but they're the the mint funds which at the time
this was like maybe not pico top but it was definitely during the bowl because the mint
was around 37 38 million dollars worth of eth at the time and the developer coded something wrong in the contract and they weren't
able to ruin the funds so the funds are still locked in that contract you could probably go
find it i'm sure someone could find it on chain uh there's i don't know what the eath prize was
was at that point but it's tens of millions of dollars locked in a smart contract that you never
have access to so respect you and admit
and not give up a lot of people might have thrown in the towel after uh that moment go ahead and
fill the yeah just want to say quick yeah i mean that that's part of the reason why i'm betting so
hard on him is that he has not given up at all right it was i think it was like a 0.5 or 0.05
or point it was it was something that at that time it was too expensive for me to mint. So I didn't actually mint when it minted, even though I'd heard about it.
But yeah, it was something like $30 million or more that got just locked in the wrong address, I think.
But despite that, he was one of those people that made it right.
From the get-go, he was like, I own this.
This was obviously an egregious mistake, but I'm going to make this right for everybody.
And I believe he has and has continued to deliver and is on a mission to keep delivering i haven't seen anybody
with as much persistence in the space uh in in a while or ever basically i mean it's it's pretty
wild what he's been able to do even with that massive massive false start yeah pretty um like
i said tragic i'm glad he's continued to persist and love to see it.
I was going to check the contract.
It's not, yeah, at least once let me check the deployer contract.
No, I'm sure it's out there, though.
If anyone wants to go track that down, I'll do a proper more, you know, someday.
The other thing I pinned up top, and we will dive into this deeper tomorrow,
so some, I would say,, but more so heavy reading, if you're into that sort of thing,
big, long post from Vitalik. I'll share it on screen and just TLDR it, and then we'll get you
out of here. I appreciate everyone enjoying the conversation day. As always, there might be a
couple of loosens I need to tie up before I play you out. But I quote Vitalik, Ethereum was not created to
make finance efficient or apps convenient. It was created to set people free. Read that again.
Vitalik starts his post with a quote, Ethereum was not created to make finance efficient or
apps convenient. It was created to set people free. He goes on to say,
this was an important and controversial line from the Trustless Manifesto. It's linked here,
trustlessness.eth.limo, and it's worth revisiting and better understanding what it means here.
Efficient and convenient have the connotation of improving the average class in situations where it's already pretty good.
Efficiency is about telling the world's best engineers to put their souls into reducing latency from 473 to 368 milliseconds or increasing yields from 4.5 to 5.3 APY.
Convenience is about making people one click instead of three and reducing sign up times from one minute to 20 seconds.
While these things can be good, he goes on to talk about resilience.
And it's not about 4.5 to 5.3.
It's about minimizing the chance that you get negative 100% APY.
This will be good.
Deep dive tomorrow with the big brain outer lumen.
Excited for that.
Again, trustlessness.eth.limo if you want to read the full manifesto. It's shared up top,
but I will not be reading that in full detail today. Maybe we'll paraphrase tomorrow. But it
is a not like ridiculously long read, but it is likely worth at least getting a basic understanding understand so if you don't want to read any of it tune in
tomorrow and you get to hear from my not just myself but outer
lumen as well will be joining us for special co host of the day
tomorrow. It was Vitalik Marissa Posner and you wave Weiss that
wrote this one. And just like check back I mentioned we hit on
the headline we didn't really dive into
details but the infinex ico is live now sale started at 99 million not seeing a lot of early
traction but it's early it's live till january 10th so we'll do a deeper dive on that tomorrow
see where they're at there was also a ledger data breach uh via payment processor global e
which leaked the personal data of customers i don't know if there's
anything you do now unfortunately i'm a ledger customer not real happy prop i do have a grid
plus probably going to consider moving making the switch to treasure treasure uh just feels better
than ledgers continues uh snafu after snafu i mentioned in passing walmart again accepting
bitcoin ethan crypto uh for payments in their stores.
And Bank of America officially began recommending clients to invest up to 4% of their portfolios.
We will be live back tomorrow at 8 a.m. Eastern time with Outer Lumen.
I'm going to pin that link up top as we play you out.
If you've not yet given that a reminder,
do so during the outro.
We'll be back at eight tomorrow.
And you may be taking bets on which movie character I will mistake for another or, I don't know,
pronounce something wrong.
I'm sure there'll be maybe not as many bloopers as today,
but certainly some bloopers. Even better when I can take a serious topic and have multiple
unforced errors is maybe that's the new segment. Unforced errors by Cap might stick. We'd have
something to talk about almost every show for sure. Tuesday Coffee with Outer.
Go give this thing some love.
Would appreciate the, not just reminders, but repost on this that I'll pin up here in a second.
Jeremy, go ahead.
Closing thoughts?
Unforced Errors is a fantastic band name.
I think you could, I think you should, you should at least have a segment.
Like a new, as you're like, cause I know I've heard a little bit.
You're like thinking about a minor rebrand and you're just like finding this new, you
know, God bless him.
Steve just disappeared.
Nobody knows where he went.
I think unforced errors is, I don't know why that just hit with me.
I actually wanted to just, if I may take advantage of the curiosity, I know everybody
wants to hear from Gary. And we have a very, very big show tonight. I think one of the reasons people
think Gary maybe is not as active is because we do our live shows on whatnot. And so it's a little
friction, download an app, but this is like one of the biggest, if not the biggest live social shopping platform in the world. And we are very, very active there. But tonight we have Gary
and our head of comics, DJ Kaufman. And for people who are interested in like what's actually going
on under the hood, I couldn't recommend it more. And you can, I can pin up a tweet. It's not even
necessary. You can find it very easily. Follow Gary.
Go to the VFriends channel.
Yeah, I just wanted to thank you again for the space, Captain.
It's nice to see buzz about VFriends,
and I hope to see that trend continue.
Agreed.
I appreciate you joining us.
It's nice to see buzz about VFriends.
It's nice to see buzz about all these NFT collections. It's nice to be talking about having medals,
and they're doing something new on chain. It's, it's just the it's
nice to have things to talk about. It's nice to have buzz.
And the more, you know, to tie it all together today, the more
these NFT brands do things, the more, you know, like this space
tonight that's providing utility, maybe it's not, but you don't
have to be a holder to participate,
but it's gives the community something to look forward to. And absolutely.
Most that community that is a holder,
they know that there is some alignment there and that even if it is just the
collectability,
they can feel a little more confident in that because it's from someone that is all about collectability.
And it's part of his, you know, his career from way back of collecting things and collectibles appreciating.
And so it's a little different than your average on-chain collectible, I would say, due to Gary and what he does and has done. And so all the
other things, it's twofold. It is the events, it's the community, and then tapping into the
tech when you can, at least making an attempt, even if it's not the thing that, not expecting
it to send floor prices. That's not it. But I think just that alignment is more powerful than a short-term
floor pump. Get you out of here. The YouTube is linked up above once more. If you haven't
given us a subscription over there, greatly appreciate it. We'll be back. So pinned up
top is the YouTube link. Go hit us with a sub as we play us out. The link to tomorrow's show with Outers up there,
any love on that would be greatly appreciated.
And then as we're playing out,
you can scroll in a few other things we mentioned.
We mentioned Ranger is coming soon.
There's a TLDR on that.
That's the next I see.
There's a mega ETH deployment called CapMoney.
I don't know what it is other than I said,
this is literally calling my name.
So I'm going to check that out
after I get off the show today.
There is the Ledger alert we mentioned, the post from Zach
at XPT. And then OSF in probably more words, but less words, actually, a short post talks about
just the kind of the state of the market and the spidey sense that says, feels like we're one
strong equity opening away from full risk in crypto. These are the times to truly lock in if you want to take a shot at changing your life.
Months of logging in every day to bad prices come down to moments like these.
Are you going to take the bet or not?
And it's early, but markets opening up well.
I think I saw NASDAQ up almost all full percent as the market opened today.
So hopefully that continues and the day closes on a good note.
Be safe out there as always.
Never any financial advice
or geopolitical advice.
I'm definitely not qualified
to really speak on either of those things,
but I do my best to share some information,
some education.
And if you like laughing at me
and my unforced errors,
a little bit of fun and humor as well.
Thanks again for being here.
We'll be back tomorrow.
Go hit that YouTube link up top. Appreciate y'all. Have a great day and we'll
see you tomorrow at eight. Thanks for tuning into Coffee with Captain powered by 8 Point.
We hope you enjoyed the show and remember nothing we discussed today is financial advice.
Until next time, keep exploring, stay curious, and we'll see you soon. Have a great day.
Welcome to the future.
