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💀Death of InfoFi ushers in Web4 on Coffee with Captain #1,076
Recorded: Jan. 16, 2026 Duration: 2:06:21Space Recording
Short Summary
In a recent discussion, crypto enthusiasts explored the implications of InfoFi's decline, highlighting the need for quality content and genuine engagement in the crypto space. Key topics included Bitmine's $200 million investment in MrBeast Enterprises, Polygon's restructuring efforts, and the evolving landscape of token launches and partnerships, signaling both challenges and growth opportunities in the industry.
Full Transcription
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.
Popular.
Shout out to Vince.
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 alien boy from a different planet.
Yeah.
So I got my drink.
I'm riding in the 1920s model T Ford.
Car, era, Lord.
Call me Levi playing on the keys, boy. And I'm about to put my gloves on. If I said it, Model T, Ford. Car, era, Lord. Call me Levi, playing on the keys, boy.
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 turned.
I want to fly high in the sky.
Arms out wide, trying to swim.
I'm a bird's eye view.
I'm on fire, Ricky, Bobby, cracking the pavement with me, Bobby.
I'm a sake bomb, Hiroshima, Nagasaki.
Bruce Wayne been a dog, and I keep it 101, cause I'm feeling kinda spotty.
Sipping on some rock and I'm sipping on octane, the only thing around my neck is a block to the beat.
Now I got coins, I see where y'all going. Been popping since Web 1, hella hooked on Web 2, I was living the dream. I'm See him 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 FOMO
Listenin' to Coffee with Cabin
You know we were a wide-day loco
I ain't never gon' stop fallin' for the FOMO
Orlando, yeah, we workin' magic
We rockin' Ethereum entities
I just went and caught me a half bass
Man, I gotta shout out the 40
Now I got coin I see where y'all goin'. Poppa since web one. Hello. I was living the dream.
I'm on web three. And it is what it seems. Topping the pyramid schemes. I'm telling you.
I'll sell you a percentage on Nebula. Shout out to Vince. Yo, set it up.
Breaking them all to choose one. Bunny got knowledge to move, son. I'm shocking in shades with my brother in suits, yeah, the blues is coming.
Even though it's hard to pick, any mighty mo, soda on the mix, no biting lips, it's time to go.
Index number one, no thumbs up, you gotta scroll.
Looking at the ghost in studio, it's time to go.
Had a helmet on by myself until I met a master, wanted to have a face off.
Had to bring my chainsaw, full ticket gas in the drive with my brakes off.
I'm A1, but a different kind of steak soft. 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 Captain and Steve for today's conversation.
Welcome to the future.
Welcome to Copy with Captain GM. GM, thanks so much for joining. If you haven't done so,
to give us some love on the space up top, those likes, repost, and bookmarks are greatly
appreciated. Warms up the algo and does us a real solid. You'll also find linked up top the link to
the YouTube stream. However, it doesn't appear as if abstract is going live. I got some error
this morning. I was able to start it after a couple of fails, a couple of false starts over
there. Uh, it now appears that it is running. It is, you know, I have the option to stop the
live stream. However, it's showing offline and I got an error in StreamYard. It looked as if they might have changed the keys or something behind the scenes for Abstract. So Katie or anyone over there in
the Abstract chat, are you seeing any video? On my end, it looks like there's no video feed
going to Abstract. Can you let me know if that's accurate? Or I guess it is what it is. So we may
or may not have Abstract stream today. If not, no worries.
We are, we did get the tech challenges from yesterday solved. I'm not trying to jinx this here this morning, but you're not going to believe this.
It was a cord. So I was using the official OEM cord from Rodecaster. Oh, you do see me. Okay. Awesome. So I can't see abstract, but it appears that we are live over there. So
if you prefer to chat in the abstract streets, it is live. I'll go pin that up top momentarily.
And you all know what to do. Never any financial advice in the show, but
I think I'm going to stop with the disclaimers. It doesn't really, I don't know. I'm required to
give them anyways, cause I'm not a financial advisor, certainly not yours, but we'll have
some fun, join for some information, maybe a little bit of education along the way. Certainly talking about
the death of InfoFi, but a lot of other headlines today may have to try to jam it in in about an
hour and a half. I don't have a hard, hard out at 930, but I do need to hit the road to get to my
daughter's doctor's appointment or follow-up.
Last set of x-rays today.
Hopefully her finger is fully healed.
We got lacrosse tryouts next week and season is rapidly approaching.
She had some conditioning this week.
Called me yesterday after her conditioning and she was nearly in tears.
It turns out it was just a lot of running after uh after not running for a
bit so uh she she survived but i uh definitely brought back some memories of puking uh during
uh during football two-a-days so uh excited for lacrosse season for anyone that has kiddos in
sports it's my last hurrah this is my last hurrah she's a senior and she might be like
club or or intramurals in college but uh hanging up the cleats going to fau next year super excited
about that but yeah this will be my after i'm trying to think so probably trying to do this quick math here in my head. Doing the kids' sports, Haley did a very competitive club and travel.
Soccer was her thing.
Sadie first did volleyball and then shifted to lacrosse.
But all in, it's been, let's say five,
and let's say five so like 18 years of of uh kids sports coming to an end this lacrosse season we
got a few months left and then on to new things i may have to start i may have to start coaching
non kids of mine just to uh just get my sports fixed speaking of sports i do have a couple
cold open topics we're gonna fly through those and then we'll get right into it.
For all of you,
I can't remember if I posted abstract or not,
so I'm going to post it again.
Maybe a double post,
but I apologize if so.
GMs to Katie, Beepic, Mato, Chris,
appreciate all of you over there.
Our YouTubers are not disappointing.
Corona, Mitted Tokens, Corona
again, Grand Rising, Web3 Warhead, Teacher Katie, Double Dippin, Crypto Pain, the legendary producer
that is, Dimcat and Minted Tokens. Appreciate y'all as well as our ex-contributors. One thing
on sports this weekend, we talk a lot about crypto markets here.
Prior to Finding Web3, my side hustle, my chasing asymmetric gains was in the world of primarily DFS, a little bit of sports betting, but mostly DFS.
And the reason being is I feel I have a bigger edge in DFS than I do sports betting most times.
I believe this weekend there are two of the four games that this is NFL I'm talking about here,
not the Man City-Pingu collab, which is a big, big win for them if you're a Man U fan.
I don't even know if it's Manchester United or Manchester manchester city what they partnered with one of the premier league soccer
teams i know those that are actually fans this is like me confusing the uh the cowboys with the
eagles probably uh but one of the manchester teams the uh the pingus collaborated with um anyways
two two games this weekend that i feel are mispriced and i actually not only
mispriced i can't understand why they're so mispriced and why they're not adjusting faster
so i will i already have open bets i have some futures i'm not big into like multi-leg parlays
but sometimes if you find two that are mispriced, like a two-game parlay is definitely doable.
This, maybe every once in a while,
I have a conviction in an underdog.
This weekend, I've got more conviction.
I don't remember another time
where I felt two underdogs are programmed to win.
And one of them is a seven-point dog.
Let me just check current lines.
I'll go to Koushi.
If you're going to be watching football this weekend,
if you're a sports better, maybe tail me on this one.
Don't throw any money in that you can't afford to go to zero.
There's a good chance that it does go to zero
and you don't win anything on it.
anything on it um so just do it for entertainment value alone that said
So just do it for entertainment value alone.
yes i'm a brock purdy homer he is elite yes i grew up a niners fan i have good reason i grew
up in central ohio in the 80s so it was like the browns the bingles and or the bingles i grew up
right between the browns and the bingles in central Ohio. So naturally growing up in the eighties,
I became a 49ers fan and rooted for Joe,
Joe Montana,
Jerry Rice,
Roger Craig,
et cetera.
That said,
I'm not a diehard fan.
I'm not a,
I, I, I,
whether sports better DFS,
I played a win,
whether it's,
you know,
quote unquote my team or not.
Reality is I become fans of wherever
i've lived so lived in indy for a bit i'll pull for the colts uh lived in chicago for a bit i'll
pull for the bears uh moved to tampa when they became champa bay so i'll pull for the um
i'll pull for the uh the bucks joe, I'll get to you here in a second.
My hot take, though, this weekend, immense amount of conviction,
not only in the line.
You could have got plus 7.5 for the Niners.
I think it's down to a touchdown now at 7.
But I like straight up.
I like them to win the money line.
The Couchie right now, you can buy a 49ers win for 27 cents,
meaning a hundred bucks would return 352.
$352 would be the payout.
Not only do I like the Niners to win straight up,
several reasons.
I'm not going to go into why in great detail.
Yes, they're banged up.
Yes, their defense isn't great.
They have an incredible coach, Shanahan.
They've already won in Seattle this year.
Darnold has an oblique injury. He's going to play through it.
I just, I'm not going to know all the reasons,
but before this, I have deep best ball bags for 49er stacks.
I have 49er futures. I brought pretty MVP for the Super Bowl. So I've been bullish Nin bags for 49er stacks. I have 49er futures.
I brought pretty MVP for the Super Bowl.
So I've been bullish Niners for a while.
I think this game is closer to a pick them.
In Seattle, maybe you give them the home field edge to like two and a half, maybe three if you're generous.
I do not think they should be getting seven points.
So I actually do have open bets.
So I actually do have open bets.
And in fact, one of the things quick, like if you're new to prediction markets, make sure you're choosing the one that pays out the best.
It's usually not going to be a huge difference.
But for example, instead of taking Niners in the points, I took Seattle not to cover because it paid out slightly better than taking Niners to win with the spread.
So just make sure you can bet because it's peer-to-peer.
Sometimes those aren't, you know, one is going to be a better bet than the other.
The end result is the same.
It's either, you know, if it was Moneyline, if you bet. To Niners win or no to Seattle wins.
It's the same outcome will pay out.
Pick the one that pays out better.
Anyways,
the other game that I have as much conviction in that not only the
Niners going to win,
I feel the same about the bears,
the bears.
It's not quite as good as the Niners.
It's 37 cents is what you can buy.
Yes.
So a thousand or a hundred bucks would pay out 258.
I'm going to be parlaying those two.
Money lines, Bears, Niners are going to win.
It's going to be an incredible NFC championship.
I also think it'll be a fun Super Bowl for either of those.
I'll probably fool around and do like a four-game parlay
and see if I can just get really lucky.
But I don't have near, I can see either outcome
from either of the AFC games for the NFC tilts.
I love Niners and bears straight up to win,
pick up with the points,
have some fun watching football this weekend and,
and good luck out there.
If you win,
just send me a 10% of your winnings via Pingu tips and abstract and two
other quote open item before I hand it to Joey,
because he probably has a take on Niners Bears
No, Manchester City
Thanks for that
Appreciate the
correction. The other thing
two quick things then Joey you can get on because the second
thing you have local knowledge
to. The second cold open
item is for all you
Game of Thrones fans out there
even if you didn't like how the last season
of regular game of thrones ended i strongly encourage you to check out a night of seven
kingdoms it premieres on sunday the book is really good uh the character's really good in fact george
r martin had an interview recently and said he might actually even be doing another book on the
two main characters uh dunk and egg are the two main characters of the Nine of Seven Kingdoms.
Again, the book's really good.
It's actually like three novellas, I think, is what it's.
But it's all like you can get it all in one book on Audible
or wherever you prefer to read or listen to books at.
But anyways, Nine of Seven Kingdoms, I hope they just follow the script.
I hope they stick to the books.
I'm disappointed House of Dragon is seemingly going away from the George R.R. Martin books for the final season, which is disappointing because that's the same way the showrunners killed Game of Thrones.
The last season had nothing to do.
He hasn't finished that book yet.
It's like at 1,100 pages, and he's making changes based, he also wasn't happy with how they ended the game of Thrones series.
Anyways,
digression,
a night of seven kingdoms air Sunday.
It should be a fun one.
And then last but not least,
it's iguanas falling out of tree seasons here in Miami,
not Miami,
Florida.
I know how cold it is in Miami.
It's feels like below freezing today on my coast.
Joey,
have you seen any iguanas falling out of trees yet in your neck of the woods?
I haven't gone outside yet except to take the trash out, so I haven't seen it.
But, yeah, on our side with the wind chill right now, according to when I asked Alexa this morning,
with the wind chill, it's supposed to hit like 30 on the East Coast this morning.
So there will definitely be an advisory of, and this is no joke. People they'll literally put it like the
news will put an advisory out for beware of falling iguanas because they will be up in the
tree. They will freeze and then they will fall and they will smash your windshield. They will
knock you out. If they hit you, like it's legit it's legit it is indeed uh they're not dead
so don't i saw someone asking if do we grill and eat the iguanas no we do not eat the iguanas
it might even be oh you can though there are actually iguana farms what yes there so there
are iguana farms in central florida where you can actually so i don't know what it's like on
the west coast but here where we have the everglades very close to us you could actually pay to go on an iguana hunting
like airboat and they will literally take you on an airboat and give you a gun um it's not a
it's like an air pistol more so than it is like a i think it's like an air pistol more so than it is like a, I think.
It's like an air pistol.
So it kills them, but it doesn't essentially destroy them when you shoot it.
And if it's over a certain size, you can ship it.
They prefer them alive, but you can ship it to the central florida uh iguana farms where they then process them
and sell their meat to be to the to a lot of the restaurants down here because we have a huge contingent of like caribbean people and caribbean restaurants down here where they
actually do eat iguana meat because it's so abundant on their islands.
Supposedly, we eat gator meat, right?
Like gator tail.
Apparently, the iguana tail is really good.
But yes, there are gator farms up in Central Florida.
I stand corrected.
My apologies, JollyElf1225.
I'm a little shook right now.
I had no idea people were eating these iguanas.
I was wrong. So apparently, were eating these iguanas. I was wrong.
So apparently they do eat iguanas. That said, they're not dead when they fall to the trees.
It really is like suspended information. They're still alive. They're just frozen and they need to unthaw. Have you ever eaten iguana, Joey? I have not. I've never been... No, I've never found a restaurant that serves them,
but now my four-year-old heard
us talking about eating iguanas, and she wants me to take
her to go eat to try iguana for the first
time. So I am going to be
finding a place that serves iguana
so she can try it.
I just...
I thought it'd be a cold, short open, but I'm
literally shaken. I had no idea
people were eating these cute little lizards.
Did you really call them cute?
They're cute.
Yeah.
Have you ever seen?
Yes.
Okay.
Have you ever seen the, the ones that turn orange?
You ever seen those?
I don't know.
Okay.
So the males, when it's mating season, the males turn from like their traditional green to this like
like orange like a like a burnt orange color um and they get so aggressive and these things
and like i've had one in my backyard that was at least four feet from head to tail and they're
i don't think they're cute maybe if you're talking about like the little ones they're like maybe a foot or two long because you know they could potentially
be like house pet size but i've been on golf courses or even this there's a place by my
house on the side of the road where they literally will line up on the side of the hill because the
hill faces east and just bask in the sun and these things are like four five and six feet long
they're like little dinosaurs i yeah i i the only thing i'm not shocked about is that as soon as
joey's kids are talking about eating iguanas they want to like tell like tell me you're joey's kids
without telling me you're joey's kids I kid, but I did find that funny.
Yeah, now I've got to try to get my brain back on correct points
since I did not think we'd be talking about eating iguanas today on Coffee with Captain.
That is not what I'm referring to when I say ushering in Web 4.
We're not going to be eating iguanas here.
I guess you can do it to each their own no offense uh but not my journey i i don't i i still can't understand the like the the hate on
the niners take like there's so much supporting data same thing with like puka's not going to eat
stafford's not going to eat do you realize it is it's this cold in florida in chicago it's going
to feel like negative 30 and stafford and Puka do not perform in negative 30 weather.
Like, Stafford is 1-9 in winter weather games.
The current forecast is 20 degrees, 20-hour wind, 55% chance of snow.
It's going to be brutal.
I think by the wind chill, they said it was going to be like negative 20, didn't they?
Yeah. While I do believe weather is often overrated or over-indexed,
not in Chicago in January when it is going to be blistering out
and you're talking a team from Southern California.
Stafford was in practice yesterday wearing a hoodie.
It was 81 degrees while the Bears are practicing outside.
Is it guaranteed to happen?
No, that's why they're underdogs.
I just, the lines are mispriced.
I feel very confident that the lines are mispriced.
Pearsall's coming back.
He torched Seattle when he was last healthy.
It's going to be a, it's going to be a fun weekend of football for sure.
But we will not be eating iguana or apas either.
But relative to like crocodiles or alligators, iguanas are cute.
That's what I'm talking about.
Reptiles, cute reptiles, iguanas definitely trump the crocs and the alligators.
Puka, JSN, the easiest fades this weekend.
Go look at JSN's numbers against the Niners this year.
They lock him out.
They shut him down.
Like, probably, without even looking, I'm going to bet, I'll bet right now, live on the show,
I don't know this for a fact, I bet JSN's worst two games this year have come against the Niners.
They just, it's a good matchup for them. And yes, Seattleattle just beat them in san francisco in week 18
trick williams was out it's a different team without trent williams uh it will be a uh a rude
awakening for the rams fans as well as the seahawks fans this weekend and partially i want to
see this as much as i'd love to see the niners go to the super bowl for my futures bets i would
also love to see the bears back the bears in the Bowl for my futures bets, I would also love to see the Bears back. The Bears and the Super Bowl was good for the NFL.
The Bears and the Super Bowl was good for sports.
The Bears and the Super Bowl might actually get us a Super Bowl shuffle 2.0.
You kids out there, go Google that.
This was before social media.
This was before the internet, before memes.
The Super Bowl, we need the Super Bowl shuffle back in our lives.
Joey, go ahead, and then we will get out of cold open.
We're already two minutes.
Payton is shaking his head. I said I got a got a 90 minute show and I'm taking a third of it
talking about iguanas, eating iguanas and football that three of us care about.
Real quick. So I think whether it, when it comes to football, weather matters when you're talking,
you know, negative 20 with the wind chill versus like, oh, it's going to be in the thirties or forties. Right. Like, I think we have to like clarify, like an indoor team or a warm weather team
when it's like 40 degrees. Okay, fine. But when you're talking, you know, negative 20 with
wind chill with 20 mile per hour winds, it's a whole different animal. Okay. Also Jackson
Smith and Jigbo first game against San Francisco went six catches, 84 yards. It was the first game of the season.
Then the last game of the season, he actually went nine for 124.
But his actual worst two games appear to be Minnesota, two for 23 against Minnesota.
And then like probably four for 79 versus Arizona.
Looked like his worst two games of the season.
Maybe,
maybe,
maybe the stats I saw was with JSN being shadowed by,
but no touchdowns against San Francisco though.
Yeah.
No touchdowns and Lenore is in his head.
The diners top cornerback.
I think that's probably the stats I saw.
I think he's allowed like one catch against JSN this year.
He is,
he has locked him down and he not many people can,
can blanket JSN like Lenore can.
So that's,
that's part of the thesis is a good matchup.
And come on,
we're talking,
we're talking Sam Darnold over,
over Kyle Shanahan and crew. Like just not. Darnold over Kyle Shanahan and crew.
Darnold's not good in the playoffs.
He's not good in the playoffs.
He's just not good.
He's got a good system around him.
And I know people, oh, he's won 14 games two years in a row.
Yeah, and look what happened last year.
He got bounced.
So anyways, enough football talk.
We may have a quick flyover on Monday morning as well.
Tuesday morning, I do plan, as long as Outer Watches,
I do plan to talk a little bit about the New Game of Thrones series.
So if you want to, we won't have any spoilers,
but I am genuinely looking forward to new good TV this weekend.
And I will need it because it's moving weekend for me so
come monday as long as all goes well uh we will have it probably won't be fully set up come monday
but you'll at least start to get the glimpse of an actual studio an actual office pumped for
streaming and um pumped for pool days back in my life not in this weather but coming soon so a few other things here
before we get into the info fi conversation yeah i already did post the abstract x was warning me
that i can't post the uh the abstract link twice so it is live anyways moving on jumping right into
things cold open alarm ding ding ding ding ding uh we've hit 25 minutes and uh i just got the
play out music uh time to keep moving.
Do people have frozen iguana fights?
I don't know.
You'll have to ask that another quote open day.
We've passed the, uh, we've, we're, we're 15 minutes over 20 minutes over our quota.
Uh, I don't know what I'm absolutely right about, but I'll take it.
Thank you, Oliver.
Um, we, we're, we're back.
You know how we're, I know we're back is we've got people shilling, uh, peer-to-peer electronic
cash systems in the uh in the chat
i got i got ads on instagram from nft projects yesterday we are so back uh tell me you know we're
back when we're getting nft ads i mean in all seriousness the nft market cap is not not ads
like they followed me like nft projects on instagram like started following me to try to
get me to follow them back oh interesting yeah um yeah we we are we are all the way back uh it is but in all seriousness nfts
are up total market caps up like 30 year to date in the first two weeks so pretty good start there
we're going to fly over a quick market update because there is some relevant stuff and then
other news items don't go anywhere a lot to talk about beyond iguanas game of thrones and bears and niners uh death to amplify we will
that'll that'll be the bulk of the conversation that'll be the leading topic uh as well as noise
who i talked about uh them moving from mega eth to base and one day after that announcement
they got nerfed and uh that seven million million raise probably having semesters asking for refunds, if I were to guess.
Lesson in there is don't leave Mega ETH.
I do have, before we get to the InfoFi talk, I do have a couple of Kaido shorts open.
And there's about over a million tokens that get unlocked today, that get unstaked today.
So I'm expecting, yes, it's already the big sell-off.
It would, it dipped about, about 15, 20% instantly. I'm expecting another sell-off. I don't think
they went to unstake it to, um, do anything other than sell it. So I have a feeling those get sold
into the, uh, into the market today. Um, we're going to talk a little bit about Bitmine and MrBeast Ethereum the $200 million investment
from Bitmine into MrBeast
the biggest KOL on the planet is going to be pumping our bags
thank you very much and as well as the MrBeast of NFTs
I don't think we hit yesterday talking about NFTs and resurgence
Adam Weitzman continued to stack with 100 quirky sweep
or OTC buy of 100 quirkies, as well as a rare one-of-one rep guide directly from OSF himself.
Part of these markets continue to climb.
I'm going to highlight, I might have mentioned in passing yesterday, but I didn't get to show the chart.
Fear and greed, back to pre-1010 levels.
We're back.
If you didn't, if you're not, if your spidey senses aren't going off if the tingly sensation you're not feeling it just look at fear and greed levels we are we
fully rebounded from 10 10 we don't know what happens to we may never know but we're all the
way back pump fun daily wallets all-time high uh the bags app and a new player in the trenches not
a new but an old new player a new old player in the trenches. And as always, it's Friday. So if you've not yet hit our newsletter,
go do that while we're getting through some of these headlines here. Do
pain a favor for me running too long in the cold open this morning and go
subscribe to our newsletter. You can find that at coffeewithcaptain.com. Drop your email in there.
We don't spam you. We do hit you with one a week. You get the recap,
a poll of the week, and links to all the shows.
If you missed any recordings, or missed any recordings, links to any shows,
links to all the recordings are in there.
And as I said, that weekly pool as well.
Go ahead, Joey.
Did you see the – speaking of like being back and like PumpFun,
did you see that post that was circulating about how many tokens,
I'm trying to look forward to the number of failed cryptocurrencies by year?
Yeah, but it's, I don't know.
I don't think there's anything else.
It's like, we all knew that.
It's not even, it's just this engagement baiting headline.
And I think it was even not good data.
There was far more than that that failed it.
So I don't even know what their, what criteria they're using, but that's no secret. I just, I think it's a non good data there was far more than that that failed so i don't even know what their what criteria they're using but that's no secret i just i think it's a non
it's a nothing burger like of course there's more tokens we have launch pads now we never had
launch pads in the past it was hard to launch token in the past now if you have access to the
internet you can launch a token um also with kaido do you know kaido isn't just a info fi now right
do you know kaito isn't just a info fight now right that they actually have like a whole ico
program and like oh yeah yeah so like i don't know i mean i'm sure their token's gonna drop
because of the i i know you're not talking about info yet but i just think that like if there's a
lot more to what kaito is now and we might not see as huge of a drop as we think in their token
because of that maybe because i
don't know i don't know if the token impacts like you know the other aspects of the like the other
aspects of the business like it does the info 5 but for for people that don't know like title has
expanded beyond just info 5 yeah i mean i i do think that one or more of the info 5 platforms
will pivot and evolve and and survive We'll talk about what's already public
in terms of some of their plans. I think a lot of them will die. It might be a slow death because
they're going to keep some hope like this, this or that. Kaido might be fine, probably fine. I
think they just took a huge revenue cut. They can say they want to create a creator studio as much
as they want. The one that I think is probably in the best shape, in my opinion, I'm biased. I also
do some advising over there, but I think Zete is in the best shape in my opinion it i'm biased i also do some
advising over there but i think zeet is in the best shape because a they haven't launched a token
yet b they already were more than they i don't even think they necessarily consider themselves
infify that's a piece of what they're building but they're already working towards and have other
things in play from on-chain data and i think they have which others from wallchain to kaido other other the
info5 platforms with tokens have copied some of the features that uh that zeta's launched so i
think they're in a different spot different point in their life cycle and certainly still a curveball
for them as well and some challenges ahead but i i think think I'm actually excited about my,
I'm actually more excited about my opportunity with ZEAT
than I was previously,
because I think they have the best chance
to navigate this new world than some of the others
who are, I just don't see there's any world
where they don't lose, you know,
take a significant revenue haircut.
And that will have a, look, you know, take a significant revenue haircut and that will have a, um, look, you know,
you know, my take was right. Last thing. I apologize, pain. I mean, I'm going to do market
update right after this. Oh, I got a weird warning. Google Chrome requesting to bypass the
system private window picker and directly access your screen and audio. Let's go for it. Chrome,
I trust you. Cause I got to show this. The Seahawks secure first round by to rest up healthy Sam Darnold.
Yep. Yep. Even Simpsons agree with me that it's over. It's Jove. It's never been more Jove for the
Seahawks and Mr. Darnold. Anyways, I had to get that one out. Since Implify's died, X has really dialed in to what I'm talking about.
Like that, my following page has gotten back into just dialed into crypto OGs and content I want to see.
And now it knows I'm talking about how bad Sam Darnall and the Seahawks are, so it's serving me up with that content as well.
Here's the quick market update for you, though.
We're going to start with NFTs today.
It is a green day pretty much across the board apes leading the way up 9.3 percent to 6.48 e wasn't long ago we were we were dipping below
that five e mark uh quick recovery all things considered uh pudgy penguins not deterred by
i i'm not one to say some took their reply yesterday as a, uh, as racist undertones. I didn't, I, again, I'm not from India. I don't, I didn't take it as that. I've, I've seen some people like, uh, like Zeneca, who is Indian. Um, he didn't take it as racist, viewed it as a joke.
it is the risk you run when you're you're shitposting you got an intern you're being funny
not every joke is going to land and um anyways they're the the floor price not not derailed in
the least bit pudgies up six percent just behind apes they're up to 5.42 crypto pumps even up a
little bit one percent on the day to 29 MoonBirds up 7.5%
To 2.23
Hypers running flat
I don't know why, but they continue to trade
Almost inverted to the market
Or maybe just chopping
In that 500 hype level
Mutant Ames also up big today
Up over 0.91 now
They heard that Good Vibes Club
And Chippers
Were chipping at their ankles And decided, you know what, we're in a league of our own.
Mutants up to 0.91.
Good Vibes pulled back a little bit, 0.81.
Chippers pulled back a little bit, 0.77.
I'm not making this PVP.
Please don't take it out of context.
I'm just comparing similarly to price assets.
Little Pudgies up a percent of 0.59.
Mladies flat at 1.23.
And Yappie Barras, the big loser on the day following the info 5 news
down more than the token tokens out 15 16 the yappie bar is down 45 percent uh on the day
infidex patrons also down four percent uh clonex continues to pull back a little bit but still at
0.31 and uh v friends down slightly as well moon Moonbird Mythics up to .28.
I guess maybe, what did I miss on Moonbirds?
Was there more of a token tease
or maybe some speculation that token's coming sooner than later?
I missed, I saw there was some Moonbird news,
but I missed what it was.
I'll go check the war room here in a second
if Zane or anyone else has any idea
what came out of Moonbirds.
I am not in the know, but I will.
My understanding is i do need to
unbox my burb vinyls because the the qr code is in the box and if i want those soulbound tokens or
which i'm speculating will lead to burb token i have to actually unbox them is that right joey i
can't just keep my my 12 burb no you you have to I haven't done it yet I
have them sitting right here I mean the I don't I don't know if it was officially announced and
maybe I didn't see the official announcement about having to scan these QR codes as but I would assume
if they gave us the very similar to what happened with uh pudgy like i didn't i have a couple of the like the stat the
the high the bigger vinyl pudgies that i never scanned and then it became too late to scan and
i never got pengu out of them um so i would imagine because they're giving us qr codes
we should probably scan them um so they're so we have them but i haven't done it yet
supposedly it's a little tedious but yeah
i'll do one right now and i'll let you know the whole i mean my whole point of buying 12 of those
was speculating on the uh was to speculate on the token and uh so yeah i i but when i got the boxes
i just i thought my purchase and i thought redeeming them would be good, good enough. And it turns out, it doesn't sound like it is.
Speculation is that it's going to take,
I got to scan that QR code
if I want to get the tokens that come with it.
So a little disappointed on that.
I was just hoping that-
I think the part that's kind of annoying
is like it's easier to scan these QR codes,
obviously on your phone with your phone camera.
But then it's like, it's asking me right now,
I scan the QR code and then it says
connect with crypto wallet i don't have a crypto wallet so if i hit connect with the crypto wallet
it says connect the wallet on solana to continue and then it's like and then so i just i wish there
was a way to do this i wish some of these instead of qr codes we got like unique like how amazon
gift cards they have like a number you
can just type that way i can just sit there at my keyboard and like you know go log in to the
website with my wallet and just type in these eight digit numbers versus sitting here and
scanning every single qr code um on my phone but that's just me no not just you i i get it i just i actually don't get it
because they they are collectors they understand collectors and i don't want 11 vinyls i'd 12
vinyls i'd rather have maybe a vinyl and rather keep the other 12 in boxes so then if this if
they do their thing and this becomes billions
and they grow this thing and it's real,
you know, I saw a claim
they're striving to reach a billion dollars in revenue,
which my response to that was
you might want to turn on royalties
to help you get there if that's the case,
because it's a very, very lofty goal.
I'm rooting for it.
I hope it happens.
If they achieve that,
my boxes would be worth far more unboxed than they're
going to be i mean box kept in the box then then they will be un unboxed so anyways it
i'm going to stop ranting about it it's a b problem no one else cares that my uh i'm going
to have to have 12 toys so yeah i disagree there was a whole conversation in the war room about
this like i also going back to the buying 12 i I bought 12 too, but we, none of us knew that
we couldn't break the 12, right?
Like, cause I wouldn't have redeemed all 12.
I would have probably redeemed six and then kept six for that, for that exact reason.
But when you bought a 12 pack, you couldn't break your 12 pack.
So, I mean, my kids took the ones they liked so they'll probably
end up in a donation bag at some point um but i don't think you're the only one that based on our
conversation in the war room that feels this way well they're uh they're they're sorry to step out
in there are a few things to think about um so if you have a bur bird box uh if you had the physical they're actually selling for a pretty
good premium on uh on ebay right now which is nice so if you want to resell it there you can
but you're talking about the sealed boxes the unboxed yeah yeah the unboxed ones and then
for the actual boxes if you break it then there's a few things. Inside of the box, obviously, you had the
figurines, but there is a, you know, a vibes card that is specific to that where there are one of
ones. And those specifically can get graded by PSA, which is pretty cool. So there's a bonus
there. And then for the QR code redemption, when you scan the QR code and connect your phantom wallet,
it is a Solana SBT that is supposed to, quote unquote, not financial advice, D-O-A-O-R,
be taken into consideration for TGE.
And it's random for what SBT you're going to get, where it's bronze, silver, gold, and diamond.
And that will likely have a different allocation amount to that.
So there is some surprise elements to it, which is pretty cool.
I think only 10% of them have a diamond.
And then the figurines you can get, too, that are extremely limited figurines.
But they also put out, I don't know if you've read that article that Spencer put out,
saying that they're going to be the first IP bridging web to and web 3 and
they don't want to rely on royalties or anything like that like they don't give
a shit about royalties actually want to create meaningful products it was like a
lengthy article but it was one of the best articles that I've read in a while
I mean I do I got I'm sorry cap I agree they shouldn't rely on royalties I also
think it is pretty I'm trying to find a better word than dumb I think it's dumb to leave royalties. I also think it is pretty. I'm trying to find a better word than dumb. I think
it's dumb to leave royalties on the table. Like to turn royalties off. It's I don't think it's
attracting anyone that they want in their collection or anyone they want supporting
their brand. It's not going to buy a moon bird because royalties are turned off. Like I just,
I don't, I mean,
I don't know.
They've literally left millions of dollars on the table because they've turned off royalties,
haven't moved to a new one.
And I'm glad they're not relying on royalties
as their sole source of revenue,
but I don't think they can continue to drop blind boxes
for and raise, you know,
sell them for 2 million plus dollars after the burb token launches
maybe i'm wrong maybe they've thought something they've got some sort of token and after this
thing drops it's going to like light a fire under all their future blind box drops is and their
toys and their vinyls and stuff they want to sell i just i i think it's going to more i think the
more likely outcome is the opposite of that.
And after the token drops, there's going to be far less interest in speculating on Moonbird, SBTs, and toys.
Go ahead, Joy.
100%, yeah.
I think too, sorry, Joe.
I think the one thing, and someone definitely double-checked me on this,
I don't think
it's a business decision to turn on or off royalties i think that goes back from the smart
contract not being upgradable uh when they took it over from proof so if they were to do royalties
i think it would be a you know whole migration and and all that good jazz that comes yeah and
there's other ways to do it now too but i guess my thing is yes it's an old contract may not be upgradable probably isn't upgradable but
like it's the only one it was oddities actually the oddities contract i didn't have an option
to pay royalties the the royalty option was literally grayed out on openc i went to sell
one and i was gonna i was gonna pay royalties i was it was a profitable flip i liked the team i
was happy to support them and i couldn't even click it on like i was trying to pay royalties. It was a profitable flip. I liked the team. I was happy to support them.
And I couldn't even click it on.
Like I was trying to pay them royalties
and it wouldn't even let me.
I don't get that at all.
Like if you want to make it optional, cool.
But to like freeze it out, I don't understand.
Yeah, that's where I wish.
I think in Web3, we're back at that turning point,
like almost like recrossing like a mini,
you know, kind of chasm
in a way where the space is maturing and i think the marketplaces just need to give creators back
the ability to have this and get the fuck over this like oh open sea only magic eden only like
i think after open sea drops their token and it's just you know royalty farming it should go back
to hopefully giving the creators the ability regardless to turn on royalties
and not have it and force it like the contract level because I mean even for board apes even
for everything else I mean if they were to migrate your room you're ruining provenance
like that's the whole point of this space so hopefully I don't know hopefully we see that
maturity after the uh token drop yeah I'm with you I agree I did pin this article up top it's
a long read so I'm not gonna read it on the show I'm not gonna try I agree. I did pin this article up top. It's a long read. So I'm not going to read it on the show. I'm not going to try to paraphrase it. It is pinned up top. If you want to if you want to do the deep dive later, next stop, Burb Billions. And I might have misquoted something. Maybe they were just talking about Burb token to a billion. I interpreted or I thought I saw something they were talking about generating a billion dollars in real world revenue. And I just it it's an awesome goal to have. I just, it's a lot, it's like to go from,
oh, we generated 2 million in blind box sales
to we're going to generate a billion dollars a year.
That is, it's lofty, big, big goals.
I guess shoot for the stars
and if you miss you land amongst the moon, they say.
I think that's maybe the correct way to say that.
I'm not certain.
So a few other things and then, go ahead. Shoot for the stars, land on the moon way to say that. I'm not certain. A few other things.
Shoot for the stars, land on the moon.
There you go.
Drew definitely said chasm instead of chasm.
I was going to correct that.
Maybe I've been saying it wrong this whole time because I'm usually the one to mix up those words.
I just let it fly.
I just did a bunch of the reveals.
I had 12.
Four of them so far gold
three gold three silver and
Three bronze so far and I just realized which I didn't know because I thought only the figurines
Came in like different rarities one of my figurines. So my buff bird. I actually revealed a numbered card
figurines so my buff bird i actually revealed a numbered card so out of my you got the rares
definitely get that psa graded that's like super super super limited so i gotta yeah so my buff
bird is a 26 out of 99 on the card the other 11 are all are all base cards there's no numbers on
them but i didn't even realize because on the box all it tells you is that like you know these are the 12 common figurines and then there's the two limited edition like limited
number figurines you can get so i wasn't paying attention to the cards but now that you said
something drew like i do have one card uh that is a that is a numbered card congratulations and i
guess you did all that in minutes so it must not be too cumbersome of a process to open them up and do the scan.
Once you connect your, so the, I will say it is a little annoying that some of their
stuff is on ETH and some of it's on soul and you're trying to keep track of where everything
But once you, basically I went into the, I went into my phantom wallet, made sure my,
my correct soul wallet, cause I have multiple soul wallets was selected scan the qr code um and then hit hit the link and then i said you know
connect to a wallet it opened up phantom i connected once and now i just keep clicking
reveal and every time i scan the qr code it says reveal. It reveals your SBT. I just revealed another silver.
You hit claim now.
It'll generate a transaction that will pop up in phantom.
You got to pay like whatever it is, a penny in Solana to claim each one.
So make sure you have Solana in that wallet, whatever it is.
It's like 0.00 something sold to do the claim. And then you just
go back to your camera and scan another one. So it's not as bad as people were talking about.
I mean, I just did all 12 right now while we were talking about it.
Nice. I appreciate you sharing. Last uh market update here and then we will get
into this info five conversation uh the death of info five majors cryptos like the tokens are down
slightly but like a percent to two at least across majors bitcoin down one and a half percent
eth down almost two percent mostly mostly kind of just a choppy day xrp down three percent uh
the big losers on the day are
the privacy coins monero down three percent zcash down seven percent and well the biggest loser is
kaido uh kaido and probably cookie i didn't even look at cookie but kaido uh is down to 55 cents
uh down 18 uh 20 20 percent 18 19 percent in day. You can see this is when the news broke
and it's kind of chopped since,
starting to climb up slightly a little bit today.
But I think once those tokens unstake,
I think we see another,
there's gonna be a lot of sell pressure today.
So I'm keeping the shorts open,
could close them down and be in profit,
but we're gonna ride.
So the other thing I do wanna point out
before we jump into info five related to these markets here is fear and greed. I mentioned in passing yesterday, slight pullback this morning, but we're still to ride. So the other thing I do want to point out before we jump into info five related to these markets here is fear and greed. I mentioned in passing yesterday, slight pullback
this morning, but we're still at 50. So like 50 fear and greed right in the middle. And this is,
I say pre 10, 10 on 10, eight, we were at 58. So slightly above then 10, 10, it dropped sharply.
It shows 35, but it was really, that was the start
of the dip. I can't find, it's not going to show me 10. Oh, there we go. 10.9 was 54. We were at
54 yesterday. So essentially we're right at, give or take, where fear and greed was prior to 10.10.
And then 10.10 hit and you saw the sell off, you know, the dead cat bounce. And then we dumped
right way in. November was, you thought November was – people thought it was really over.
I don't know what that means other than while I say markets are choppy,
the one thing that's not is some of these memes.
Our guy Crocs has been printing over in the trenches.
There's been like a $20 million runner almost on a daily basis from grandma to the bag –
or to gas, which is on the bags launch
pad, a pump fund daily active wallets approaching all time highs, maybe at all time highs.
The bag gap is taking like maybe 11% of launch pad as it's being pumped now by,
by Ansem and some of the other usual suspects. So maybe, maybe something actually, you know what,
I will, if anyone is wants to check out bags app app, let me at least chill a ref link here. I will drop this in the
chat. If you want to go check that out, hit my ref link. I would appreciate it. I've not done
anything in bags app yet, but I will take, take any referral bonuses. That is let's drop them
in the chat. It'll be up top in one second. And then we're going to jump into, actually, before InfoFi,
the quicker flyover topic is MrBeast and Bitmine.
I'll just show this and then we will talk InfoFi.
Probably not a whole lot of discussion on this yet,
but we talk about the segue here to go from markets and ETH
into MrBeast and Bitmine and then right into creator content.
Certainly MrBeast has a thing or two to say about content creation.
And, you know, he probably wasn't out there farming InfoFi because, again, he he's done all right for himself without it.
Again, he's done all right for himself without it.
But BitMine announced a $200 million investment into MrBeast, MrBeast Enterprises.
And I don't know if we know a whole lot of detail yet.
Here's the press release.
The leading Ethereum treasury company in the world, they've got about 3%, 4%, about 4% of the ETH entire supply.
Their goal is
to get to 5%. So Tom Lee is the ETH KOL, been doing all the media tours and really pumping
ETH at every opportunity. BitMine also implements an innovative digital asset strategy for
institutional investors and public market participants. MrBeast and Beast Industries,
I'm quoting Tom Lee now, he says, MrBe Beast and Beast Industries, in our view, is the leading content
creator of our generation with reach and engagement unmatched with Gen Z, Gen Alpha, and Millennials,
said Tom Lee, chairman of BitMine. Beast Industries is the largest, most innovative
creator-based platform in the world, and our corporate and personal values are strongly aligned.
We're excited to welcome Tom Lee and BitMine as new investors in Beast Industries, joining our
current top-tier venture investors, said Jeff Hausenbold, CEO of Beast Industries.
Their support is strong validation of our vision, strategy and growth trajectory and provides additional capital to achieve our goal to become the most impactful entertainment brand in the world.
We look forward to exploring ways to further collaborate and incorporate DeFi into our upcoming financial services platform.
Deals expected to close on the 19th.
So more on this soon worth worth
covering at least at the high level and um as we get more information coming out of there what their
plans might be we will uh we'll revisit that one uh also worth revisiting not revisiting but worth
hitting on uh it got shared in the war room and also have some friends over there i saw rudo
uh who's a friend of the show, and I'm a fan
of Rudo. I saw he put out a tweet. It was his last day at Polygon. Polygon cut 30% of their staff
in a major restructuring. Layoffs come as Polygon reshapes its business and shifts focus towards
stablecoin payments. Makes sense. You're going to see a lot more layoffs. It's not just, it's not a
Web3 thing. It's just a world thing. As employees become more efficient, more productive.
I was listening to a podcast on, it was about, it was the CEO, I don't know what his title
is, the director, whoever's leading the FDA.
And sure, they talked a little bit about food pyramids, but also talked about infrastructure
and like a huge portion of their workforce was attorneys and HR.
Like the FDA had over 2000 people in the HR department.
Nothing against HR people, HR managers.
I've worked with some great HR managers.
A lot of their tasks can be completed by AI.
Now a lot of them are already using AI.
It's just people are going to be more efficient, more productive.
You don't need thousands of employees for a job that an agent or two or a few agents can do. I'm not saying that's what Polygon made these cuts for,
but I do think layoffs will continue. The workforce is changing and probably more changes
coming to it. I am surprised to see though that Polygon was actually down on the day.
It had been running up on the stablecoin news.
I think a wise move.
Some people I really respect say this made a lot of sense for Polygon.
They're going after like MoonPay, for instance.
The token actually is down almost 10% on the day following their news at layoffs, which I don't know.
I don't know. I mean, usually from a stock or token standpoint, cutting costs, cutting payroll by 30% is usually bullish for the brand or the stock or in this case the token.
But the market disagrees. The market views it as we should be selling off because they made layoffs, I guess.
Or maybe they're unrelated. I don't know. But anyways, that said, we're approaching 9 o'clock here. Quick reset, and then we're going to jump into InfoFi, or rather the death of InfoFi for the duration of the show today.
We'll probably be getting out of here a little early, let you all enjoy your Friday.
And I got a busy day, not just a trip to get an x-ray with my daughter and go spend a little bit of time with her.
I'm going to be,
um, getting internet stalled, the fibers installed at the new place this afternoon. So I've got a,
I've got the, the fun one to five o'clock window to, uh, uh, to make sure we get internet for
Monday and, um, Harland Williams, seeing Harland Williams tonight. So looking forward to a little
bit of comedy in my life. It is doors open at around bedtime.
So there will be,
there'll be some caffeine involved in my afternoon evening today for sure.
Be epic.
Appreciate the abster tip over there.
You are a legend.
Appreciate all the kind words as well.
And with all that being said,
do not yet subscribe to our newsletter.
That's going to be the last acts.
If you want to go repost the show, feel free to do so. But my big call to action today would
be go hit the newsletter. Let's support our guy Payne and make sure you don't miss anything that's
coming out there. And we're halfway through the month of January. We've teased a couple of times,
community member of the month loading, and there may be some tie-in to that newsletter. That's all I got to say on that topic today. So InfoFi, the death of InfoFi. And what is next? I've seen a... Victory Lapid isn't the right word.
I've seen a lot of people celebrating this. A lot of people thinking, oh, this is great. This is
going to clean up X. Maybe. I'm sure it'll have an impact. I also don't think it's...
be. I'm sure it'll have an impact. I also don't think it's like InfoFi didn't create AI Slop.
AI Slop will exist without InfoFi. X still has incentivized
posting and it's still going to exist. Like people are still going to be reply guying to
X post because they're also getting
checks there. Now, maybe it's not as much. Maybe some people, maybe some people quit,
but here's what I'm going to do. I'm going to share a post actually from a guy you all hear.
If you've been here for a while, you may have heard of this guy, Steve K. Bark. He's rocking
some OpenSea badge says everyone cheering that X is cracking down on InfoFi. I'll take the other side, sort of.
It's funny because if you rewind a couple years ago, I was the InfoFi bull and Steve was the InfoFi bear.
Not exactly.
I mean, we both thought similar and that it, in its current form, wasn't perfect.
And he goes on to say that.
I agree that the current iteration wasn't ideal.
It turned into spammy, sloppy, low-offer posts. People talked about things they didn't care about just to say that. I agree that the current iteration wasn't ideal. It turned into spammy,
sloppy, low-offer posts. People talked about things they didn't care about just to get paid, but the concept itself isn't bad, in his opinion. I agree. A less narrow, more holistic version of
InfoFi, which includes social media, could be pretty awesome at helping artists, stars,
stars, sports teams, identify their top fans and give them special recognition, not just payouts.
sports teams identify their top fans and give them special recognition, not just payouts.
Adding inputs like tickets and merch bot, events attended, videos made, podcasts recorded,
could have been layered on top of social media data. I had always hoped for an InfoFi,
an InfoFi site would take the leap and do that. I'm interjecting here. It's also why I'm very
bullish on Z because they have done this or at least some
of this and i believe we'll can this was the not any inside knowledge i don't know this but i
believe with their incorporation of on-chain data and doing some of these other things i i my
speculation was this was the route they were heading was a much more holistic version of
brain ambassadors and supporters not just your volume and frequency of posts. They also had already nerfed a lot of the AI slop
farmers, those that were just blatantly farming InfoFi and putting out a lot of AI slop.
They were, I'll bring a tear to my eyes. This is the first time I didn't realize Steve had this in the bio.
He says CWC for life. Shout out brother. Hope you're well. Uh,
he says ultimately the iteration of info five is effectively let people
monetize. You also know Steve is not using AI for these posts because he's
got a, uh, a, uh, stereotypical or a, uh, a trademarked spell, uh, not even a spelling error, but a little grammatical snafu just to let us know that it is actually the real Steve K.
Mark says ultimately the iteration of Infify is effectively let people monetize attention instead of fandom and loyalty.
But I still think the concept of Infify with more inputs could be pretty powerful.
with more inputs could be pretty powerful.
Wholeheartedly agree. Great take.
Great take.
This, it comes, he reposts or quote tweets
the Nikita post that went live yesterday at 10.39 a.m.
And no joke, by 10.40 a.m., InfoFi was dead.
That is also kind of concerning.
Like whether you love InfoFi, you hate InfoFi,
whether you love Kaido or Zed or wallchain or hate them
it's not
it's i guess concerning like i feel for all those teams that spent years building some had done
better than others but they employ people forget Forget about the InfoFi farmers. Think
about the teams, the employees that they employ and bad debt in their world, right? At the very
least, oh man, we got to pivot. What's next? And some are going to handle it better than others.
Yeah. Brickadal says cookie down 24% on the 24, down even worse than Kaido.
uh, then Kaido, um,
crypto jamming, uh, the bird boxes are still,
if you bought the boxes and you haven't redeemed them,
you need to go redeem them from collector crypt. Uh,
you need to get those, uh, you need to get those boxes.
Appreciate Katie sharing the post. I'll pin that up top as well.
The breakdown of what's in those boxes and sorry,
I'm just catching up on chat here. And then we will,
we'll continue the info fight conversation, but that, that is, that is sorry, I'm just catching up on chat here, and then we will continue the InfoFi conversation.
But that is relevant to the conversation.
That's up top.
Those boxes, shout out Katie for sharing that.
She's definitely in the running
for that community member of the month, for sure.
Steve's post up there as well,
if you want to do some further reading on that.
This is Nikita's post that effectively killed a,
I don't know,
I think you could say $100 million plus industry
at this point.
I'm not sure exactly what Kaido's run weight was this year,
but certainly in the millions,
tens of millions of dollars.
And Nikita says,
we're revisiting our developer API policies.
We will no longer allow apps that reward users
for posting on X, aka InfoFi.
This has led to a tremendous amount of AI slop
and reply spam on the platform.
We've revoked API access from these apps,
so your X experience should start improving soon
once the bots realize they're not getting paid anymore.
He does end with kind of a zinger here.
He says, if your developer account was terminated,
please reach out and we will assist in transitioning
your business to threads in blue sky.
I'm not the biggest Nikita fan.
That was pretty good.
Pretty good.
Pretty good.
Pretty good singer to end on there.
Anyways, I see we have some hands here.
We will.
I've got a few articles and a few takes here I'm going to pull up as well as you can hear
it direct from you, the founder of Kaido, as well as ZeePost, and I'll go pull up the
others as well. Go ahead, Drew,
get back in here and I'll pull up these articles. Yeah, I just, I got like a hot take on this,
not necessarily, you know, on all that. I mean, I wasn't a fan of the InfoFi AI slot, but I think
it's, you know, it's a, it's a nice little wake up call in this space where if you have a business,
like reevaluate it. I mean, if there's a single
point of failure where you're relying on a centralized platform and if, you know, they make
a change and it has this effect, like that's a problem and that's a consistent problem in Web3.
Yeah, it is. At the same time, I don't even, like, what is the better answer?
What's the better path forward?
Because I do believe, whether it's SocialFi or InfoFi,
I do believe it's far better to build on top the existing networks
than to go try to build your own.
How many of those have we seen fail, whether from Farcaster, Warpcast?
It's an insanely difficult lens.
It's insanely difficult to build a new social network that's going to break outside of crypto.
Very, very, very difficult.
I think it makes a lot more sense to go to where the people are.
But when you do that, you bring on a ton of risk for yourself in that it's not – this is even more risk than, oh, well, soon Claude is going to,
you know, there's going to be an AI update. It's going to be Claude or Gemini or ChatGPT is going
to launch that feature for free and your startup is going to be eliminated. By the way, while I am
empathetic to all these InfoFive platforms, this is the world of startups. Like it's not,
especially in tech, not uncommon. This stuff happens all the time. Go talk to the hundreds
of AI startups
that have been nerfed by a feature
that ChatGPT or Gemini or Claude just rolled out.
It's going to continue to happen.
It's not just people losing their jobs.
You're going to have whole noise
just raised $7 million a day after the announcement.
I'm not saying they're worth zero,
but they're going to have to reinvent themselves.
Their whole platform was built off of Kaido information that Kaido doesn't have anymore. So it's like they're going to have to reinvent themselves their whole platform was built off of kaido information that kaido doesn't have anymore so it's like they're gonna
have to find a workaround or like a really hard pivot and do something completely different
because what they were doing is just it's not even possible anymore um i saw von front and
von front go ahead get in here i know you sometimes don't heart out around this time. So we'll go to Von Fronten and then we'll go to Miss A.
Thanks, Cap.
GM, everybody.
So in a weird way, I think I'm going to defend InfoFi,
which I never thought I was going to do.
So first, like the most recent iteration of InfoFi and the type of content that it led to, I won't defend, right? Like I didn't like
see it on my timeline either, but whatever it is, what it is. But if you zoom out, I actually think
the, in general, the InfoFi concept, like, A, it already exists. It's called affiliate marketing.
It's called, you know It's called sponsorships.
I don't know if Tom Brady actually cares about Tag Heuer watches,
but they pay him to talk about Tag Heuer watches, so he does.
Get off of this platform.
Go to TikTok.
Go to Instagram. Go to YouTube Shorts and see every person talking about the latest insert product here that if they, you know, and hey,
click my link, you know, link in bio, and they get 10 or 15% of the sale if you go through their
link, right? Look at everybody who is in arms about GMs going away out of the algorithm because
they use GMs and reply guy strategies to get paid by Elon. People are posting
on social media to get paid. They just didn't like this iteration of it. So do I, you know,
did I like all the, you know, like, dear God, do I have to see another post about whatever the
latest campaign is? No, but I also then just turned off the app. But I do think that there is a market, a well-established,
gigantic market that lives mainly off of X that is ripe for being disrupted. And I do think that
there is a version of InfoFi, I don't know what it is, that can do that. So I'm hoping, Kaido's
already moved to Instagram. They don't do a lot over there, but I've been following them over there.
All I hope this does is, look, if X doesn't want it,
maybe TikTok, maybe YouTube, maybe somebody else does,
and they can go build over there.
I do agree.
You got to build on the current platforms.
You can't go start your own or you're swimming upstream
with one arm tied behind your back.
So, agreed.
My question, not necessarily push pushback my question for you is
yeah it's everywhere but some would say and i know both you and i are fans of tiktok shop or at least
saw what the early moves there i mean we started talking about this year and a half maybe two years
ago about how tiktok shop had leapfrogged all the other major social media platforms in terms of
their e-commerce offering and supporting the creators and supporting like they built an incredible mousetrap however like many things once something
takes off becomes very lucrative it leads to more slop and some would say it's exactly that is what's
driving i'm not saying the death or the demise of tiktok but a lot of people now some people i
really respect in the social media realm are saying tikt it's not the spot now. Like you're better off with Instagram reels or YouTube shorts
because people are tuning out of TikTok because it's just, it's become a giant billboard. Every,
if you're, instead of just brain rot, your brain rot now is a paid ad. So what is, I know you're
You don't say you don't know the answers, but do you even have a guess?
not, you don't say you don't know the answers, but do you even have a guess? Like if you,
Like if you – they all come to you.
We've got to reinvent ourselves.
We've got to build InfoFi 2.0.
We've got to fix this thing.
First of all, it's not going to be called InfoFi.
But what – like how do you build it without this – going down and ultimately ending up in the same spot, the same end result of being,
it just gets bastardized with slop. And people who, quite frankly, probably shouldn't be creating content, but they're doing it. And now they're just flooding your feed with a bunch of low
effort slop because they think they can make a few shekels. Do you have any thoughts or take
or like even a, what would you throw out there? Is this might work or this might be a better path? Yeah. I mean, I think it's going to come down to my, my, my hyper generic answer is going to be, it's still going to come down to the quality of the, whatever the new word for InfoFi is, platforms of what they, how they set
up their reward structure, as well as the algorithms of the underlying social media platforms.
Because they're hopefully, and I believe that this, you know, they always, they kind of work this way already. Like, if there's a piece of crap content, that's a piece of crap content that nobody wants to watch, it generally doesn't show up on a lot of people's timelines.
individually the type of content that you want
based on what you like, what you watch, what you share,
all the ways that they measure your engagement.
And they should suppress
all the stuff you don't want.
If you keep reading
all the AI slop and you share it and you engage with it
and you comment, hey, this is AI slop,
algorithm's going to think that you actually really like it. So I guess maybe it's three
parts, right? One, if you don't like the stuff, don't engage with it, period. You have control
over that. Hopefully the algos are continuing to evolve and improve. And that's an ever, that's a industry in and of itself.
But if I'm Kaido, if I'm, you know, I'm blanking on the other ones, but if I'm whoever, if I'm
Kaido, then I hope I'm taking a really good long look at how can I, in the age of AI, right? Again,
Kaido has access to AI too. so hopefully they are fighting fire with fire.
Hopefully there is a way that like, hey, if you just put a bunch of AI slop out there, I don't care what the Iago does, I'm not going to reward you.
I'm going to reward quality.
I don't know how you define quality.
Somebody smarter than me will have to figure that out.
And over time, if I'm an AI slop artist and I'm spending a lot of time doing this and I'm not getting paid, hopefully I'm smart enough to say it's not worth my time.
I'm going to stop making the slop.
And all the slop artists are eventually weeded out.
And you're left with people who make really good content that they may also be getting paid for from some InfoFi platform.
Vaughn Fren says, be the change you want to see in the world.
If you don't want to see AI slop in your timeline,
stop engaging, stop sharing.
Actually go into your Twitter settings,
your interests, and unclick it as an interest.
Mute, or actually click the three bars at the top and say, how do you say not interested in this topic?
Where's that at?
I know it's a thing.
I'm just not seeing it now.
Is it mobile only?
You know what I'm talking about?
That one I don't know.
Isn't it if you just click on a specific,
if it's a tweet about something that you don't want anymore,
I think if you right click on the three dots or something of the tweet,
it'll open up a menu.
Then it'll give you a choice to like put like not interested in this topic or something.
Yeah, that's what I thought.
But I'm not seeing it.
So if anyone knows how to.
It's a gap.
It's on the if you click on it, there's some button.
There's like three little dots or something.
You should be able to click on it.
And it'll say that not interested in this on the actual tweet.
You should be able to right click somewhere on top right hand corner of the tweet.
There should be some sort of function there that like dots or something that you should be, you could be able to click.
And then from there you could say not interested in this post. Yeah, unless they removed it.
I'm familiar with the three dots, but mine only show unfollow, subscribe, add, remove from list.
I think it's within the actual tweet.
If you want to have less of that person or that account show up,
you have to mute them.
And it actually does a really good job.
I've noticed the mute feature has been supercharged now.
Maybe it's ads that you can say I'm not interested.
Because I've seen the not interested, I've seen people talk about, say I'm not interested. Cause I I've seen the not interested.
I've seen people talk about,
but I'm not seen as an option on any.
I just shared a screenshot,
but I'm on mobile.
So I don't know what it does.
What it looks like.
Maybe it's a mobile only feature.
Go ahead and get back in here.
And then you,
where'd you share that Joey in the chat?
I think he shared it.
I want to reply to the,
to the spaces. Awesome. Go ahead. The child On a reply to the spaces post.
Awesome.
Go ahead.
The child wants to contribute to the info, Captain.
So, buenos dias.
Como estas?
Point B, you too.
Bien, gracias.
Just a couple of points here that have been very interesting because we've been talking about this since probably for about 24 hours now.
interesting because we've been talking about this since probably for about 24 hours now.
One point that I want to bring up to what you said earlier about Kaido, Zeet, Cookie,
and Wallchain. Actually, the only one that is not down is Wallchain. Zeet is out, Kaido's out,
Cookie's out. Wallchain's not out. And there is one common thread is why wallchain's not out.
Yuri and Max are both ex-Google Facebook engineers, so they actually probably understand
the technology to the depth of knowing how to understand what Von Fronten was saying about,
like, your data's not yours unless you have some way to navigate that data enrichment yourself
through your own tools. And I think because they're both engineers,
the one distinction about all those founders with the exception of Wallchain is that they're not
technical. They're not engineers. So the finance guy is the gentleman from Kaido. Pons is actually
NFT entrepreneurial, and I actually remember him from the days of NFTs. And the third one is Cookie,
which is also another investment product, like an investment project. But the things that I find
very interesting are two top overarching threads that I've been kind of beating the little drum
the past 24 hours. Number one, InfoFi is not equivalent to marketing. It's not. It's absolutely not. You could call it's not content creators are not marketeers. That's the second thing. It's a different discipline.
Marketing, InfoFi is gamified engagement. It rewards users with tokens, literally for doing whatever action that they're doing, right?
It's also creating a financial incentive around a social media activity.
Think about that.
That's gamifying that attention and engagement metrics.
That alone tells you there are going to be people that are going to be very, very concerned
with money being paid, in theory, to people.
Do you get what I'm saying, Kat?
Because you've been here long enough to understand this.
Because we could talk about stables.
We could talk about regulation.
We could talk about everything.
Do you know what I'm saying?
Because it kind of dovetails into this because they were being rewarded by token
and then all of a sudden recently it was changed to stables by some projects,
which was also setting a bit of a grumbling in the space of a lot of these folks.
And the reason I said content creators are not marketeers,
they're different disciplines, is because content creators, really their main essence is to focus on like, you know, getting attention out there, you know, views, likes, you know, entertaining and informing an audience.
They're looking at virality.
You know, they're not necessarily looking at like, you know, wanting to stay there and really nurture the cake till it's cooked, right?
the cake till it's cooked, right? And they're building their personal brand, which is one of
the things which I think that some may not be even understanding how to do that efficiently.
But marketeers actually focus on the acquisition, the customer acquisition cost, and that lifetime
value of what's happening. So the conversion rates and attribution are really important to
marketeers, and they do see strategy. They see positioning.
They see competitive advantage.
The revenue generation and business outcomes are really important to marketeers.
And Cap, I've been in retail half my career as well.
So I understand the retail omni-channel world.
And that's why content creators are not marketeers.
And to your point that you said a couple of minutes ago, I think von Fronten
and yourself about what's happening with TikTok shop. Again, we're running into the same thing
on TikTok. You have a lot of people that have never sold anything in their whole life.
You know what I'm saying? And they're trying to sell. I grew up literally on the sales floor.
Do you know what I'm saying? That's how I paid my way through school. So I understand how to sell
ice to an Eskimo, but if you don't know how to sell the value of a product to someone, then you're kind of just, it's like a talking bobblehead. Do you know what I'm saying? And the reality is, is that what's going to distinct a lot of these going forward, which whatever it's going to be called, is going to be the authenticity, integrity of the content you're creating, it's going to be probably less AI focused and they'll probably reward more natural videos and natural content like TikTok is doing, like
Instagram is doing now. And I think it's really important to understand that they want to see
people's natural state. They don't want people to come in and sort of have such polished stuff
anymore. And even the people that are purchasing consumers, the retail consumer is
also like, hey, I'm tired of this AI stuff. Can I just have a real person try to sell me something
that I might find useful? And I'll close it up on this little piece. I feel my hot take is there's
a triple confusion that's killing a lot of these sort of projects. One is that the business confuses
content creation with marketing. So they hire creators and KOLs and they're expecting revenue. That's the most asinine
thing imaginable. Another level is that projects confuse InfoFi engagement with real traction.
And just because you get 500k views doesn't mean you could engage and you could sell a product.
Do you know what I'm saying? Oh, I wholeheartedly agree. And I think
the biggest winners of this is probably a lot of the naive, inexperienced or crypto- Do you know what I'm saying? these low effort InfoFi campaigns, they're not getting results. They're not getting conversions. And it's just not driving the results. There's some that have done a good job of using that to
fan the flames and ran actual campaigns around it and not just relied on an InfoFi leaderboard.
But I do think InfoFi made a lot of crypto native teams very lazy when it came to advertising and marketing.
They thought, oh, this is the thing.
All we got to do now is go, we'll throw a half a million dollars at this.
We'll pay $150K to Kaido for the access.
Then we'll throw a quarter million dollars at a leaderboard.
And that's it.
It's all we got to do.
And that's not working.
Cap, you worked retail, correct?
You worked retail.
You can't just throw money and ads and expect the ads to be successful, right? It's super simple. We could break it down to Yip and Yannicka.
If you're putting like a hundred thousand dollars for budget, you literally need to know how that's
going to work out. And you're going to spread it around, around people that you know could be
consistent with your brand message. And of course, what do you do? You manage this. You're, you have
a marketing manager or a CMO or someone that manages these campaigns to make sure that they're
not wasting money.
Because, you know, that's important marketing buy, right?
So I think they're oversimplifying what it means to market.
They're oversimplifying what they see on the social media channels.
And I think that's where what Nikita's done, I find, is good.
Because I think he needed to put the hard stop on this to have maybe everyone go back to their
drawing boards and say like, what did we learn from this? What could we pivot? What do we need
to completely change? It also mutes and dies down the fire of the ego and the constant like
trying to climb leaderboards that turned into Hunger Games and InfoFy. Do you know what I'm
saying? It was like nuts. You know, it was was crazy so at some point you gotta cool that fire and i'm not i'm actually
saying agreeing with von fronten that it will probably change something different it will not
have a fi attached to it i think if it has a fi attached to it it's just leaving the space open
for scrutiny and for like trauma.
You know what I'm saying?
So it's going to have to have a new year. Yeah, just as we need to stop using NFT,
we should stop putting FI at the end of everything,
especially something like this.
Totally.
You're 100% right?
I saw Be Epic tag Troy.
I'm not exactly sure in regards to what.
Big fan of Troy, though.
And if you'd like to join this conversation regarding the death of InfoFi
and what might be next, feel free to throw in requests.
I'd love to get you in the con, but no obligations, though.
I think you're a pretty sure west coast guy so
uh getting up super early to uh join us one quick thing though you did say watching yes their website
is still live there that it doesn't matter if they're the best dev or engineer in the world
they've lost api access their api is getting killed they just haven't turned off their site
yet they even just this is their no actually but i actually know yuri and max they actually have a lot more data points than does not rely on the
api if that's why they're able to function yeah it has nothing to do with they may have other data
points as do a lot of the other platforms they're all going to have to pivot like even here's their
here's the post from wallchain things can change very quickly to market in both directions of the
last 12 months uh wallchain helped accelerate 24 projects many of which experience growth the
impact of ai power growth is undeniable.
However, lucrative opportunities
can bring unwinding consequences,
such as spam and AI slop.
When there's real money and attention on the table,
you always see unwanted behavior,
spam, low-effort posts, and AI slop trying to sneak in.
That's a challenge for every social system is facing.
System limitations affect everyone, including Wallchain.
This is an inevitable step
in the evolution of AI-powered growth.
The community and the story matter the most and continue to thrive.
The platform has to adapt and it may take time.
Every end is a new beginning.
Just stay tuned to a new era.
So even though their,
their wall chain site is still live,
those leaderboards aren't going to update.
Like they just,
they lost access to the information they were using to build their,
their leaderboards.
Could they do something different?
Yeah,
but they're all going to be forced to make a move here. This will impact all them. There's a few other posts I do want to
highlight, kind of on both sides of this conversation. Yeah, a couple more from
one from Kaido, one from Zeet, but also some users, some farmers, and those that were excited
to see this come to an end. Joey, go ahead and get back in
here, and then I'll pull up these other posts. Yeah, no problem. First, way back when you
mentioned Steve and how he always has an error, so that way people know it's not AI. What if he's
programmed his AI to include a spelling or grammatical error?
I think we're going to see more of that. I also think we're going to see people will,
you know, like they will, you know, they're not going to use M-dash.
I mean, it's the same way people have removed M-dashes from everything they do, because
even though M-dashes have existed way before AI, but people have removed them because it's like,
people are like, oh no, there's an MDash.
It must be AI. I agree.
I actually saw a post.
I don't know who posted it.
It wasn't someone I follow, but it must have been someone that I do follow reposted or something.
It showed up on my following page.
Anyways, it was regarding some of these.
This week, there's been some videos hit the timeline that are insane.
Like one I saw was AI live video.
Like they're streaming, and the person showed is not them.
It's an attractive female. Or one video was like all the cast of Stranger Things.
And in real time, like it's indistinguishable.
I sent it to my mom.
I was like, hey, you remember talking about, you know, how I'm going to video AI has gotten.
And, you know, if I ever call you asking for anything, money or otherwise, you have to tell me a story that you have to say
something from my childhood that's not online. Like, it's not me, I'm never going to call you
asking for money. If it's not just me, if you get anything, again, I'm not going to go out of the
rent. But but my point being is that someone quote toward that and said, as soon as I saw this boom happening, the move wasn't to go long all these AI companies.
It's probably a good move as well, but they said to go long all the airline companies because to Miss A's point and Joey's point, real human interaction becomes increasingly valuable.
In a world where we cannot differentiate what is real, what's AI.
We can't.
Like, it's over.
Like, it used to be all video proof.
Not anymore.
Like, it's very easy.
Like, a couple hundred dollars of tools, and you're going to be able to make someone look and sound exactly like they really do.
And the average person can't differentiate the two.
Now that we're there, those face-to-face meetings, taking to the long in the airlines, being like, everyone's going to have to fly and yes those face-to-face meetings taking to the long
in the airlines being like everyone's gonna have to fly and meet people face-to-face that's the
only way you could really build trust in this new era of not just faceless internet but you know you
really don't know unless you've met someone you can validate like i still do think there's a big
opportunity in the world of blockchain for authentic authentication in in proving that it is the human i i just i don't think we're there yet and it's probably
a billion dollar idea whoever's going to build it go go go tell claude code to build it for you
today and see how far you get but i do think as long as i am you know miss a mentioned my
background in retail i'm extremely bullish on experiential retail, very bearish on traditional retail.
Extremely bullish on experiential retail, the third home, you know, that environment where it's not school, it's not work, but you can meet, you can hang, you can interact with live human beings.
sector as a whole across industries is going to explode because people are going to desire
to have human interaction and to know if they're talking with a human because we're already there.
I mean, we're there today. It's just going to continue to proliferate. And so whether you go
buy a bunch of airline stocks or you open up a Kava bar, I think those are industry segments that are set to boom. I mentioned the, I'm going to
show a couple of these articles. As I go through it, though, I just was looking at some pin posts.
It is actually 6 million Kaido, which equates to about 3 million US dollars, waiting to be
unstaked in the next six to seven days. Note a slight 6X increase in unstaking activity two
days ago, a day before the announcement.
The next post I'll show you is from you, who actually did confirm. I pinned this up top as
well. You did a full context. Here's the full context from you, the founder, president of
Kaido. January 13th, we received an email heads up from potential reevaluation from
our account manager screenshot below we immediately asked for clarification the next day they received
legal notice from x and issued our legal response the same day screenshot below again asking for
clarification for call and then uh yesterday they see the tweet from nikita same time as everyone
else does line up i'm not saying it was you the the amount of unstaking was so extreme that unlocks.
Maybe it was just pure coincidence.
I doubt it.
I think there's probably someone on the team that probably you probably didn't have knowledge on.
But there are definitely some insiders.
Someone got when this was happening.
Maybe it was other InfoFi platforms that got the same notice that also had Kaido staked and they wouldn't do it.
Maybe Kaido team didn't do anything wrong. It's just a pretty wild coincidence if that's the case.
Why was there no prior announcement? It's not the first time that we received legal notice from X.
The previous occasion was resolved amicably with a new enterprise agreement. So it's reasonable to
wait for further clarification discussions before unilaterally announce anything in the short
timeframe. How long have we been planning Kaido Studio? For several months now, Kaido Studio is
a work in progress
that signals our expansion cross-platform.
TikTok, YouTube, as well as Beyond Crypto,
complementing Yaps with a new model
with existing partnerships
with our pilot users in crypto and beyond
due to launch soon.
We also had adequately prepared materials
enabling us to react properly
and access responsibly to the sudden announcement.
What happens to the rest of the Kaido business?
With Yaps sunsetted,
we move cross-platform with Kaido Studio taking this stage in 2026. No impact on the Kaido Launch
Pack, Kaido Pro, Kaido API in the upcoming Kaido markets. More details coming soon. This was
quote tweeting this original post, which goes into talk a little more about Kaido Studio and
kind of the, I'm not going to read the whole thing. It is pinned up top if you do want to read it for yourself later, but talks about sunsetting
YAPS, incentivize leaderboards, and going to begin this new era, which is Kaido Studio.
He says, YAPS aim to enable permissionless access for users and creators to get rewarded
for their role in pushing forward the presence of brands and embody the core web through
your ethos freely accessible fully public and purely merit-based independent of who you know
ethos freely, accessible, fully public, and purely merit-based, independent of who you
know.
uh where they're heading though as i'm scrolling ahead here um kaito studio will be much closer to
a tier-based traditional marketing platform where brands selectively work with creators who meet
defined criteria and deliver against clear scopes the difference best in class analytics cross
platform reach cross vertical opportunities i actually, the irony here, I believe had they done this sooner, this may not have ended the same way. I've said for the longest
time that they needed to be more than just a Kaido leaderboard. They needed to build campaigns
around it. They needed to curate their creators a little bit more. To be open and free for all
probably proved to be not the best move. It it's not everything should be accessible to everyone.
Not everyone should be a creator.
Not everyone should get rewarded for creating.
I'm certain, I'm 100% certain
that there was people who have no background
as a content creator.
They're not a good content creator.
They've never thought about creating content,
but they saw the opportunity here
and they decided to money grab
and they just leaned into farming replies, AI slop.
And those individuals made more off of Kaido
than not only someone like myself,
I bet there's individuals
that made more money off Kaido
than some of the people you'd view
as like high volume KOL posters
because they just,
they farmed the system.
They're not good,
and everything they put out was slop.
No one engaged with,
no one valued it.
It was just copy pasta
or very clearly AI slop, but they played the game and, you know, they volume posted their way into relevancy.
Jumping over to Z real quick.
This isn't new.
This wasn't a response.
They launched their creator, their certified creators on December 12th. I would recommend if you've not done that and you are in the content creation
game, if you were in the InfoFi game, I'd encourage all of you to go apply to the Z certified
creator program. Who knows exactly what it looks like, but curating their creators and working
more like an agency or a studio as Kaido would call it just makes sense. Here's the official
announcement from Z yesterday. By now you've seen the latest decision from X regarding InfoFi.
While Z has never considered itself a true InfoFi platform, we were obviously affected
by this decision. We've been assessing our next steps forward, and we'll send communication on
that soon. In the meantime, all campaigns have stopped. We'll be working with our partners to
resolve the obvious open items, like getting payouts distributed for campaigns that have ended
and resolving campaigns that are currently running. Back to some of... I will get to Joey and Miss A here in a second.
I just want to make sure I get through all these posts briefly.
I'm just going to do a quick flyover.
And then as I mentioned,
I do got an earlier out today than normal,
so I won't be able to go all the way till 10.
Here is a post from Berated.
The InfoFi error has ended.
Let me break it down.
What we lost, small creators and send us gone.
InfoFi creators reached dropping to zero.
Kaido and cookies, stakers took heavy losses.
Legitimate data attribution experiments shut down.
Good product killed because of uncontrolled AI slop.
I don't disagree.
I don't think with anything there.
What we're gaining, builders will stay.
InfoFi farmers will leave.
Smarter timelines with less noise.
No more AI slop.
7.7 daily crypto post was insane.
So when you remove, let's say 1.7 of those were valid.
Well, now all of a sudden, it's going to make it a lot.
And I've actually noticed a change in my timeline in the last 24 to 48 hours because of this.
And it's not, maybe there's other changes as well.
But the overarching point here is return to organic community building.
New metas are forming.
Quality over quantity. K kol reply farmers are cooked and ct bangers will get space again
like so the the good the quality content maybe it doesn't happen i think there's a much better
chance of you have a good well thought out article that's not on a kaido leaderboard i think there's
a much better chance that actually getting traction and going viral now
and you're getting eyeballs on it, deservedly so,
because it's not as crowded.
You're going to go from 7.7 million daily posts on crypto
to maybe a million, maybe 2 million.
It's a lot less noise for the good posts
to have to navigate through.
Berated also shouts out some of the agencies, some of the
teams here. We've actively worked with Reach Network. We have for over a year now. We also
have a relationship with AP Collective. Arcadia is on here. I'll pin this thing up at the top if
you're interested or want to do a deeper dive. I also want to show Arcadia's post here. I think
this is pretty solid. This is from Arcadia, one of those Web3, they call themselves the premier Web3 marketing and creative studio, 400 million
raised. We're following projects we work with, 68 billion in fully diluted value portfolio.
Here is their post yesterday. I'm back. Not Arcadia. We never left. Creativity is back.
Today, one of Twitter's most popular tools for AI-generated content was shut down. For a while, volume beat taste.
Automation beat originality.
Noise drowned out signal.
That era is ending.
Good marketing was never about spamming timelines
or forcing belief.
It was about making people feel something.
Signaling importance through clarity, timing, and restraint.
You're reading this because the format feels serious,
because your brain assumes it matters.
That's marketing. And yes, we're slightly messing serious, because your brain assumes it matters. That's marketing.
And yes, we're slightly messing around, but here's the real shift.
As InfoFi fades, creators gain leverage.
Welcome to Web3, or the new, we're going to call it Web4.
I don't know why.
I'm just making it up.
I thought it'd be more of an info or more of a Beatty title than it turned out to be.
Welcome to Web3, where the best content wins.
Organic reach is rewarded.
Real products earn attention.
Loyal builders get loyal holders become distribution.
Long term thinking compounds.
Founders outreach capital.
Signal beats spend.
The playing field just leveled.
Creators now hold the keys.
Content is king once again.
At Arcadia, we manage 600 plus crypto and AI creators across every major region globally.
Since today's announcements inbound from both creators and brand has been overwhelming because they understand what this moment means.
We'll keep doing what we've always done, pair the best creators with the best brands, protect signal and build momentum the hard way.
Welcome back, Arcadia.
Again, good take. I agree with it.
I think, am I biased as a creator who wasn't?
Did I participate in the Influify stuff? Yeah, I would have been leaving free money on the table if i didn't was i a farmer
no did i did i post things or reply to things solely thinking how many yaps can i get today
or how many no i'm sorry i did one time there was one campaign that i went hard at and posted
frequently it was the ape chain raid campaign on wall chain when they did that.
Why?
Well, because one of the things they did is they made it more than just about what you're
posting.
They, there was extra incentives for brand ambassadors, people who held assets, the brand
talked about, you know, so because I had a lot of assets, the ecosystem had a little
leg up.
I also have been sponsored by that chain in the past.
It just made sense to lean into it.
Ended up finishing, I think third on that leaderboard and got a few shekels.
Was it worth, did, did my, well, I'll tell you this, the volume of the posts I did, I
did not, it was way, way, way, way, way, way, way, way below market rates.
I mean, I probably have to go back and look.
I had dozens of posts, talked about it on the show often. And I think I ended up with about
$1,200, maybe $1,500 worth of ApeCoin. That's not even a sponsored interview.
Our sponsored interviews, if you're curious, they started at $2,000.
So basically, I posted for a month and got less than what I've got for one single sponsored
interview. I'm not complaining. I did it willingly.
But it was also a reminder that, yeah, this is why I don't do this,
because I'd rather versus flooding my timeline and my followers who,
like, I don't need to talk.
I also think I have seen a few people talk about quality over quantity.
I haven't seen many talk about it, how extreme it is.
If something's good, if you really believe it, you can write a long-form article. seen many talk about it, how extreme it is. If something's good,
if you really believe it, you can write a long form article. You can talk about it once.
You don't show up and talk about it every single, I'm, I'm a Brock Purdy bull. Now in the worm,
I got to talk about Brock Purdy every day. Maybe not every day, but I'm not going to,
I'm not going to talk about it every single cool to open on here. It'd annoy the hell out of people. Quality over quantity matters. And I think that's part of what
a lot of the InfoPy platforms got wrong is they rewarded volume of posting or almost in some cases
required. Like if you didn't post every day, some of them would nerf you. Like if you took a day
off, you fell way down the ramp. That was broken. So I really do hope that this changes in case he asked a good question here.
Would KYC work with InfoFi? Maybe it could. I know one thing that didn't work with InfoFi was,
was the, what didn't work with M5 for sure
was requiring like a premium account on X.
The bots were making enough money
they would go pay for their premium account on X.
It wasn't a deterrent at all.
Would KYC work?
Maybe.
I think more so than KYC,
and I understand where you're coming from with it.
Some may go that route,
but I think more so than KYC, and I understand where you're coming from with it. Some may go that route, but I think more so than KYC would be simply curing your creators.
Like if someone's been a known commodity, if they put out good content, if they have a portfolio, if they've hosted podcasts or spaces or live stream and they have good takes on this industry, if they're a good commentator, if they create good content, bring them in, bring them in, work with them.
If someone just created a new account from,
I'm not gonna say from India,
it was also the, back to that tweet,
the proper one would have been Nigeria
because Nigeria was like 30% of the InfoFi accounts.
Maybe I'm exaggerating slightly,
but it was by far, if you look at a pie graph,
Nigeria was by far the largest piece of the pie for active InfoFi accounts.
Maybe they were incredible content creators.
I think, apologies for stereotyping here, the majority of them were not.
The majority of them were simply InfoFi slop farmers grinding for a paycheck.
simply InfoFi slop farmers grinding for a paycheck.
To each their own, it's just quality over quantity matters
in terms of the content you're posting
as well as the creators you're working with.
So as much as you wanna say,
oh, this should be a decentralized,
open, permissionless world, okay, sure.
It's just gonna lead to more slop.
I actually think part of this shift here, in my opinion,
is more than just InfoFi,
it's more than just this specific vertical.
I think this is a step towards highlighting quality, great content over quantity.
Some of that content might be AI generated.
I don't mind all AI content as long as there's some human creativity that goes into it.
If it's just slop replies that's a copy plot, like get that out of my timeline.
I don't want to see that.
Oxy, I saw you jumped up.
Go ahead and get in here, and then we'll get Troy, and then we'll go back to Miss A.
I do got to get out of here soon.
But, Oxy, appreciate you joining us.
Go ahead.
I was just going to say, so Nigeria was 26% of InfoFi exit count locations.
So you're pretty dang close there.
So you're pretty dang close there.
If you guys, listeners, if you haven't seen it,
ZachXBT did put out a pie graph of where all of these accounts were located.
So if you're interested.
So 26% in Nigeria, there is a couple hundred million people in Nigeria.
That accounts for about 2.9 to 3% of the entire world's population. So 3% of the world's population posting 26% of the AI content or the info by
content. That was not a, that was a Freudian slip because it was AI content.
Sorry. Back to you, Axie.
No, that's yeah.
Some crazy numbers coming out of Nigeria, big,
big crypto fans over there, I suppose. But I,
so I apologize.
I'm kind of coming in late here.
But I think something that's interesting that's coming out of the move away from the traditional InfoFi is the move towards, back towards on-chain activity and how important that's going to be.
Um, obviously it makes me so excited.
Obviously, it makes me so excited.
You guys probably talked about this already a little bit, but it makes me so excited that
all of these users that have like historically not been using the on-chain product that the
company's building or what have you are all going to either have to learn how to like do on-chain
activity and use a product and then maybe create content around it.
Like, I love that aspect of, you know, this change.
But I think also there's going to be a huge edge as the market starts heating up, as
people look to projects, look to TGE, they're going to be forced to look at what
wallets are actually doing real on chain data.
And obviously there's civil issues and stuff like that, which have always been there.
But there is a huge edge that's kind of like showing itself here
for people who actually, you know, use products
and make on-chain transactions
and understand the product to create real content.
Because one, they're going to have to bring on advisors or KOLs to like talk about their
product to get their, their stuff out there.
They can't just revert to doing a campaign.
And then two, their,
their only option is to look at the on-chain transactions,
the on-chain data.
So I think if you're not already like clued in and educated on how to
transact with these products,
how to look at these products and see whether it's a good product or not.
I would highly suggest trying to sit down and learn as much as you possibly can
about these products that are looking to TGE as the market's heating up.
Wholeheartedly agree.
Well said.
And just to expand on that or add to it,
I think that's not just going to benefit content creators.
I think it's going to benefit users.
I mean, think about future airdrops and your on-chain data stands to be rewarded significantly more now that this stuff is not being rewarded.
This is the pie chart he's talking about.
Zach did work with Shob10 to compare the 70,000 InfoFi users from seven platforms across their X accounts.
Here's the results.
This also came from Serpent, the founder of Ethos.
I didn't check.
I don't think Ethos got their API revoked.
Does anyone know that?
Did Ethos get impacted by this or no?
Do we know?
I don't think they did.
I don't believe they did.
Them and Fantasy Top, I don't think, did either.
Actually, they just came out with a post about it, which I thought was interesting.
That is interesting, because I would consider Fantasy Top much more so than Ethos.
I consider them in this realm of InfoFi.
I know they're not, but that also, I think, does bode well for Z.
Z has a very different, but they have a similar creator cards and in
tournaments and gaming around that coming soon that's that's public knowledge um so that that
is interesting i was not aware of that i saw you unmute going back back in here and then we'll see
if troy wants to end our conversation and then we will uh we're in the home stretch go ahead
yeah just one of the one of the team members said which i thought was kind of interesting is
i think they said something along the lines that we don't,
I'm sorry, we don't reward users for posting excessively
or something along those lines.
I might be misquoting, but something along those lines.
I was like, oh, that's an interesting take
because I feel like that's exactly what they do.
But I guess at a different point,
they do reward good good engagement and like valuable
engagement over just sheer number of posts maybe i guess um but yeah i don't know interesting and
i'm glad to see it to be honest i mean i've been a fan of fantasy top i think it's a cool
you know i think it's a cool use case but um one last thing i wanted to yeah to go back on what
you were just saying is like as these infoy projects and campaigns have started to likeributed to actual users or obviously the
teams can hold them and that's, you know, maybe that's outside the circulating suppliers
or what have you, but it has to go somewhere that isn't to people that don't even use the
chain and or the product or whatever it is.
So, I mean, I don't think I can be bullish enough on real on-chain users and then tying in ethos, having like an on-chain reputation that is good.
Ethos and then Legion are two that I've been looking at specifically for on-chain reputation and as it relates to future benefit.
So, like Legion does a similar thing.
It's an ICO platform, as some of you may know, and they do a lot of on-chain analysis over, okay, what kind of user is this individual?
And then you get a score and then that can help determine whether or not you're eligible for future ICOs or what have you. So I think this reputational, this on-chain reputation platform
and like scores are going to be more and more important
as, you know, things go on after InfoFi.
Wholeheartedly agree.
Here's a free idea for you.
Someone should vibe code a version of Ethos,
but specifically for creators,
not just for your reputation as a person,
but your reputation as a content creator i think that
might cap there's someone doing that do you remember chris d from like 2020 2021 there was
a presentation he was doing on creative creators flow and they're like there's a team that's
building out something similar to what you're describing now. He was demonstrating on a live.
You remember Chris D from 20.
Yeah.
Yeah.
Flywright?
Yeah, we're going to.
I'm not sure.
You know who he is by his PFP.
He's been around the space for about five years or so.
Yeah, he's going to be talking about it next week.
Good, good, good.
Yeah, I saw a little, I saw a preview.
I saw what he was live streaming, and it was very interesting
because it is finding those pain points that you're
describing for the creator's lens
from the lens of the creator and also
from the lens of the person who would be
hiring that said creator
that they could see their profile
and they could see what they've done
a bit like a modern version
content creator profile
that you would do traditionally for Web2
that he is looking at doing some.
Yeah, it was very interesting. I'd take a look at it.
Awesome. Yeah, I'm excited to dive deeper.
One other thought, and then I'll see, Troy, if you want to join the convo, I'd love to get your takes on this.
Then I got to get out of here. But here's the last one.
This is the other, I said I'd show the other side of somebody who's pretty disappointed in this.
Jack Poor says, hey, Grok, there's 800,000 yappers, 80% dependent on InfoFi.
That's 640,000 users got wrecked up in Nikita's news.
If they unsubscribe from X Premium, $8 a month, $5 million loss, $64 million loss per year.
Like, I understand that probably a lot of noise in those numbers i don't think x is going to lose
64 million or 5 million even uh as a result of this change i could actually see it in improving
x because people were starting to question should we should we go to youtube should we go elsewhere
because the algo sucks i do think for while i'm a fan of the opportunity that exists here, it wasn't great in its current form.
Some could say InfoFi was broken.
Others could say it's not optimal.
Probably somewhere in between.
I do think this will force an evolution.
It is forcing evolution.
It will force them to get better or force them to clean things up and think differently so i actually think this could be a net positive for not the farmers not
the ones that are just yapping i think this would be a huge net positive for real content creators
the the big the small the medium i think i could see this benefiting all across the board troy
welcome to the sage gm sure it's not often we get you in here, but, uh, uh, what's up, man? How you doing GM to, um, can we say GM anymore?
Uh, so listen, um, I know you got to get out of here. Yeah. Let's be honest about info five just
for a second. And, uh, you know, I've replied some funny stuff on, you know, I, you know,
on those during the holidays, there was, uh, you know,
some, uh, you know, put me in a bikini kind of stuff. And I'd put a plumber right outside the
woman who's asking, I'd be trolling the hell out of that stuff. And is that adding value or to the
culture? No. Is that slave to the algorithm? Probably yes. Right. So for info five for a
second, you know, let's be honest, you know, X didn't kill it. InfoFi killed itself.
And that's what happens when you become a slave to this algorithm.
And it rewarded speed over thought and noise over value and engagement over real contribution.
contribution. You know, what, what, again, you are trying to get that money and get those yaps,
but like, what are you adding besides, you know, being clever takes care of themselves.
Intelligence takes care of everybody. And this space is largely fed into being clever and,
and those short-term gains, which has no legs for days, you know, as a story writer and a
screenwriter for 32 years, you know, TV shows are built on series engines that
carry you through to keep you tuning in every week. And this space, you know, things die very
quickly. Some things will last, but a lot of things die. So people farmed it, bots flooded it, and then
an AI slop took over. And it's literally there to make it. You can definitely get the best out of
AI and people are just being lazy as fuck, even though it's your personal assistant, uh, that has everything, uh, like the world is giving you
its oyster, you know? So you didn't get insight. You got repetition. You didn't get culture.
That's fucking lost. Largely. You got clipping, right? Nothing against clippers, but you know,
what are you clipping? That's adding value? Are you just farming something that got more fucking rage bait based on the slave to the algorithm infrastructure that that is on every platform? Right. Not just X, you know, and that to me, that's not building. That's extraction. And extraction didn't start with Web3, man. You got you got the best lemonade stand in the in the street. Somebody's going to fucking copy paste your lemonade stand and do it on the next block right it's and wherever there's money there's going to
be a scam right so that is hard to make go away so and here's the part nobody wants to admit the
problem isn't ai it's not bots it's not even algorithm and the problem is we turned attention
into money before we protected culture you you know, and like I said,
Web3 didn't make invent extraction. It just made it acceptable. You know, bots repeat and humans
interpret. And what we're seeing more is that humans aren't interpreting actually with thought,
you know, if interpretation, if interpretation doesn't matter, then culture dies. So if you have those fucking merch things
from dying fucking NFT companies, you can thank, you know, largely a part of the people that are,
you know, um, killing the thing that, that, that, or, or adding, uh, let me see, how am I going to
say this? It's, it's like they're, they're going after the thing that they said they hated, but yet they are a part of it now.
Like you said, the last thing you said is that when something breaks, life will find a way.
It's a fucking famous line from Jurassic Park.
Jeff Goldblum says it.
When something dies, something finds a way.
It's happening in Hollywood, too.
Hollywood is restructuring.
I call I call it that it's dying.
But even my agents know that it's going to find a way in some way.
And a lot of that is to the better creators.
And it's not to say not to get involved, but it's like you literally can.
I'll try to land the plane here.
When TikTok started, when people started moving there, they were just posting videos. And then all of a sudden someone broke the internet and just said, that's the new format. Follow that
format until someone else breaks it again to go, no, that's the way to do it. You know, and then
the attention span keeps getting shorter and shorter and shorter
and then people keep breaking the attention span
with wilder songs, wilder things
that are like getting repeats and reshares
and likes and comments and all that other stuff.
So it's like we're doing it to ourselves
and I think we're to blame, you know?
So I agree. it sounds like a negative
fucking take but i and i'm i'm passionately mad but uh you know i'm still here and you're probably
you're probably gonna see some replies from me but like man you literally can become a better
creator just to call yourself a creator because you fucking replied or made a fucking tweet that
is not creating unless it's adding value you know what i mean oh heck absolutely i mean there's literally people who they've never created a
thing they've never they've never done a video they've never wrote an article they call themselves
a creator like it's in their bio it's their whole personality and all they've done is reply slop or
maybe they asked chat gpt to type up a big thread and that's their, that's their extent of creativity. Like, well, I didn't take your, your take as negative at all.
It's inspiring to me.
It gets me excited again because pre AI slot, pre info five, pre X monetization.
It's what we used to see here.
It was the re I truly believe the reason that Twitter, that X became the town hall for crypto is because it was great.
It did. It wasn't just breaking news.
It really did highlight actionable content, really good insight, really good education.
Part of what I not part a big part of what I loved about this space and why I jumped in the rabbit hole and haven't come out yet is because I was learning something new every single day. And it wasn't about how to put
a bikini on Elon Musk. It was like real. I mean, we're at the intersection, the bleeding edge of
tech and finance and everything. Really, if you think about tokenization and you believe like me,
that most physical assets in this world are going to be tokenized on chain, we're at the cutting edge of all that.
I wanna learn about this stuff.
I don't care about some 187th L2 to drop this year
that has a beer that, I gotta think of better ones.
I'm not trying to knock Monad.
Please don't take that out of context.
Like that's not what I came here for.
And had I entered in 24 and all I saw was this stuff flooding my timeline, I don't know.
Maybe I feel different about crypto.
Maybe I feel different about the people in crypto.
But I don't.
I didn't forget that because I've got a chance to meet people like Troy in person.
I've got a chance to meet Joey in person.
I've got a chance to meet a lot of these really quality people in person, know they're humans, know at least if I give myself credit for anything, I think I've got a decent intuition on real people.
I really don't have a great intuition when it comes to online personas.
You know, Captain, so if people in the world outside of the space drive by the headlines, we largely get scams, like salacious kind of things.
And so they're not going to turn here
but if they drove by this space and they they heard intelligent people talking like oh i'd
rather be around these people even though i don't understand a lot of their words and their acronyms
that they're using in this web3 culture that they're seeing real people it's like it's like
when people do drive-by takes because they have a m'lady pfp B-A-Y-C PFP. They go, those people are just this people because they have a fucking picture.
When some of those people actually have kids and they went to school and they're probably good people.
So these optics definitely matter.
And driving by this space in a large way, the optics suck here.
We don't have an education problem we have a
culture translation problem and largely the culture is translating how much can we fucking
extract and create the next scam or be a part of that until this fucking thing dies and those people
that were farming are going to find the next thing the outside and probably kill that thing going for
those short term short term
gains.
And anybody in this audience is saying, fuck this old guy that doesn't know what he's talking
about.
I'm sorry, but my life has legs for days because I like I fucking don't lie.
I don't extract.
I've never charged for one minute in the last five years I've been here.
I've been building social credit and it's like people like Captain and others like you,
you those one on one fucking conversations like captain and others like you you those one-on-one fucking
conversations and meetings and connections like those things are the fucking pillars that are
holding this shit up while everything else is built on fucking shale and fucking sand and it's
going it's going to fall like it like you know like it's it's i there's no other way to put this than to, like, I mean, the reward for these bots that are just driving in and taking this.
Like, who can you blame here?
I think it's all of us included in a way.
Sorry to tell you, but it's just a fact.
No, and you weren't getting hate in the chat it was actually quite the opposite um you had i actually can't i can't i can't even see the
screen like i can't even scroll down it's okay though like i'm i'm gonna speak this way forever
and always and do it with love and um and try to inspire but like anyway but go ahead captain i
know you have to go somewhere i just wanted wanted to jump in there. Shout out over in the abstract tech.
Crypto Scam One says, this dude speaking seems to have a pretty good view on this whole thing.
I'm curious your thoughts on this.
Quick answer.
He says, sitcoms and shows telling you when to laugh and clap have contributed to this attention span, critical thinking thing.
Exactly.
That's why single cams, like let's say the office.
So if anybody wants a TV lesson here. So the office is a single cam, right? There's one camera, right? And there's no laugh track, right? So those are just, what they do to get those comedians together, they audition for like eight hours a day getting the top best fucking improvisers to be in the collective of that cast. Right. So yes, that telling you when
to laugh and telling you how to feel sounds familiar about like media telling you what they
want you to see, you know, salacious, uh, you know, uh, headlines and this and that, you know,
so it's really like, we're, we're all very impressionable people. You you're inspired by
somebody. They might be positive. You're inspired by somebody.
They might be positive.
You're impressed by them.
So you start maybe thinking their way or they align with your thinking.
So it can work with good mob mentality
and bad mob mentality, right?
But it's just, but again,
with like NFT companies,
I'll say, quote unquote,
which is kind of still a funny thing to me.
You know, I'd say Pudgy is a real company, obviously.
And there's some others that are, too.
And I don't want to list them.
I'm not here to pump anybody's bags or regress anybody's bags.
But it's NFT companies have to have a series engine.
That's why you hear season two or wait till season three.
That's a TV show.
If you are not tuning in next week,
and you didn't build the series engine right,
that show is going to die.
And in a TV show versus a film,
a TV show, the main character can never get what they want,
because if they get what they want, the show ends.
And in a film, they usually do,
because the film ends in 90 minutes to two hours,
and you're supposed to feel something
you're supposed to go on that journey and by the way this is the biggest alpha you could ever have
it has nothing to do with money but it will inform everything in your life if you have problems in
your life just fucking follow the hero's journey because in the hero's journey in a great story
they are presented with a call to action. Their life is turned upside down. And
most people go to the movies because they're never going to be a hero in their mind. They're
going to watch the hero, make a decision to go, I'm going to fucking go through this call to action,
this fucking problem, my life, and I'm going to get to the other side. Most people, when they,
their life is turned upside down, they run away, they drink, they do drugs and they never get through that.
So that's why they're always in the same fucking spot.
So if you were somebody, would you want to be watching your life if you're doing that?
Or would you want to watch the life where you said, fuck this, I'm going to break on
through to the other side, which is what that fucking song by the doors is about.
So there's a lot of lessons in language, man.
And I'm a fucking master at it.
So if I can help you in that way, I hope this did.
If I didn't, I'm sorry, you can unfollow me
or if you didn't follow me at all.
Anyway, cheers.
Appreciate you, Troy.
Thanks for having to the conversation today.
It's been too long,
but you got me ready to run through a brick wall.
I've got one other piece of info,
unrelated, but absolutely related
to this entire conversation
and everything Troy just said.
And then we're gonna go to Oxy for a 30 second lightning
round, cause I'm about a half hour beyond
when I was supposed to hit the road.
So the last thing though, that you,
whether you are an info five farmer
or you think AI is coming for your job,
I'm just gonna share this.
This was profound when I saw it.
It says next time you're worried about AI taking your job,
realize that firewood, yes,
firewood used to be a quarter of the GDP. This is a chart of the US GDP from two centuries ago.
Firewood made up 28% of it. And then it dipped to 16, then 19, then 16, then 22, then up to 26% again in the 1830s, 1840s. Then it 15 and 10 and now today it doesn't it's not even a
rounding error but yes firewood used to be over a quarter of the usd gdp things change doesn't
mean the world is ending doesn't mean you can't go make money elsewhere but things absolutely
change oxy uh 30 seconds or less and then uh we'll send it out of here with an outro no yeah i was
just gonna um i was curious on the numbers thing.
I was talking about this yesterday with some buddies.
And I'm like, how is crypto and InfoFi broadly big enough for Nikita to care?
And I was like looking at some of the numbers.
And it really baffles me that he gives a shit about what's going on in InfoFi and crypto Twitter.
Supposedly has 150 million daily active users.
It's baffling to me that he gives a shit about a couple hundred thousand users posting.
And I guess I'm curious if it's the sheer amount of posts that are coming out of crypto
Twitter or something like that.
But I am curious to see how this like trickles down through their,
their metrics, because obviously just like with every social media platform,
it depends on how many users you have and then how many like posts and
engagement that people get for advertisers to be willing to pay X amount of
dollars or willing to partner with you to get for X amount of dollars.
So I am curious to see how this kind of trickles down to the rest of the platform. Obviously with AI, there isn't
like engagement or like conversion and shit like that. But at the end of the day, do advertisers
really care that much about the conversion ratio when it looks like your daily active users or your
hosts per day have dropped off a cliff. I'm just curious
to see how that kind of plays out. And those numbers are really interesting. It also, I think
anyone's hit on yet. It also is kind of an omission that they haven't figured out the bot problem.
Like Twitter has a bot problem and he's kind of so much admitting that here with this change.
I don't know the numbers. Good, good. I would be curious to know my guess, my speculation is why
he cares about this. A, he got drugged through the coals because while we may be a small percentage of the total user base,
we get passionate about something, man, you're not hiding from it.
Like it will, we'll force it to go viral, the collective.
So I think it is a influential group of users. And I am also going to guess our time in app is probably number one of any industry. I'm guessing our time in app, as far as being chronically online, not just the reply, not just the number of posts, but I'm guessing like if they stack rank their industries, I'm guessing crypto is probably number one if they're ranking power users by average or the collective power user.
So I think it is a influential group of users.
If you look at an industry, I'm guessing we are at near if not the very top when it comes to time and app and the ability to really drive influence.
Like the other one, like sports and like,
everything else seems to be fleeting.
Like a lot of things get like their moment in time.
I think crypto Twitter is just, it's nonstop.
It's 24-7, 365.
And I think there's probably few industries
that rolls as deep as does crypto Twitter.
Just my guess, but I would also love to know
those details sometime as well in the future.
Here, get you guys out of here.
I do have to run. Enjoyed the conversation today. I'm just going to stop saying we're only going to go 90 minutes or it's going to be a shorter show. Every time I do
that, I jinx myself and I'm going long. So I'm not going to do that anymore. But I do hope you
have a wonderful weekend. Go hit that newsletter. If you missed any shows this week and catch all
the clips and recordings tomorrow, we don't spam you just get it once. So go to coffee with
captain.com drop your email there. We greatly appreciate spam you, just get it once. So go to copywithcaptain.com, drop your email there.
We greatly appreciate it.
If you're looking for something to do as the outro plays,
go hit us with a subscription over on YouTube.
We greatly appreciate that.
And as my buddy Steve would say, go Niners, go Bears,
and hope you all have a wonderful, wonderful day, everyone. Thank you.
Insights
Token L
The line discusses selling a percentage on Nebula, suggesting a new token launch or partnership that could facilitate trading or investment opportunities.
I'm on web three. And it is what it seems. Topping the pyramid schemes. I'm telling you.
I'll sell you a percentage on Nebula. Shout out to Vince. Yo, set it up.
Breaking them all to choose one. Bunny got knowledge to move, son. I'm shocking in shades with my brother in suits, yeah, the blues is coming.
P
The mention of being 'popping since Web 1' and 'hooked on Web 2' highlights the evolution and growth of the crypto space, indicating a trend of increasing engagement and adoption over the years.
Sipping on some rock and I'm sipping on octane, the only thing around my neck is a block to the beat.
Now I got coins, I see where y'all going. Been popping since Web 1, hella hooked on Web 2, I was living the dream. I'm See him 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 FOMO
The line discusses selling a percentage on Nebula, suggesting a new token launch or partnership that could facilitate trading or investment opportunities.
I'm on web three. And it is what it seems. Topping the pyramid schemes. I'm telling you.
I'll sell you a percentage on Nebula. Shout out to Vince. Yo, set it up.
Breaking them all to choose one. Bunny got knowledge to move, son. I'm shocking in shades with my brother in suits, yeah, the blues is coming.
The statement about the need for disclaimers and the volatility of early-stage tech reflects a broader trend in the crypto space where caution and awareness are becoming increasingly important.
I think I'm going to stop with the disclaimers. It doesn't really, I don't know. I'm required to
give them anyways, cause I'm not a financial advisor, certainly not yours, but we'll have
some fun, join for some information, maybe a little bit of education along the way. Certainly talking about
The announcement of a $200 million investment from Bitmine into MrBeast Enterprises signifies a strategic partnership that could enhance the reach and impact of both entities in the crypto and content creation space.
who i talked about uh them moving from mega eth to base and one day after that announcement
they got nerfed and uh that seven million million raise probably having semesters asking for refunds, if I were to guess.
Lesson in there is don't leave Mega ETH.
The mention of Polygon cutting 30% of their staff indicates a significant decline in their operational capacity, reflecting broader challenges in the crypto market.
uh who's a friend of the show, and I'm a fan
of Rudo. I saw he put out a tweet. It was his last day at Polygon. Polygon cut 30% of their staff
in a major restructuring. Layoffs come as Polygon reshapes its business and shifts focus towards
The focus on stablecoin payments and restructuring at Polygon suggests a strategic pivot towards growth areas in the crypto market, aiming to adapt to changing conditions.
in a major restructuring. Layoffs come as Polygon reshapes its business and shifts focus towards
stablecoin payments. Makes sense. You're going to see a lot more layoffs. It's not just, it's not a
Web3 thing. It's just a world thing. As employees become more efficient, more productive.
The emphasis on organic reach and the return to quality content indicates a growth opportunity for creators who can provide value beyond mere engagement metrics.
Appreciate all the kind words as well.
And with all that being said,
do not yet subscribe to our newsletter.
The discussion about the shift from InfoFi to a focus on quality content reflects a significant trend in the crypto space towards valuing genuine engagement over superficial metrics.
interview. I'm not complaining. I did it willingly.
But it was also a reminder that, yeah, this is why I don't do this,
because I'd rather versus flooding my timeline and my followers who,
