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Debt Relief (DRB)
Recorded: Jan. 23, 2026 Duration: 2:05:42Space Recording
Short Summary
In a recent discussion, crypto enthusiasts explored the evolving landscape of meme tokens, focusing on the potential of DRB to redefine the sector. With insights into its tokenomics, partnerships, and growth prospects, participants expressed optimism about DRB's ability to achieve significant market traction, drawing parallels to established tokens like Dogecoin.
Full Transcription
Music so
testing can you guys hear me?
Can you get like a hand raise or anything like that?
Morning, everybody.
Emily, did you get my co-host invite?
Thanks, Easy. Appreciate you.
Thanks for the heads up.
How's everybody doing this morning?
You guys are staying warm.
What's up, man?
I'm Lee. What's popping? How are you, sir?
Good. I could hear you just fine.
Thanks for making the time, man. Appreciate it.
Thanks for putting it together.
Hopefully no Elon rug.
Yeah, spaces have been a little off. I've been going
to some and I can't hear anything,
so it's
good that it seems like this is working
okay. Closed all my
tabs, told my wife and my kid.
No bluey.
All right.
Let's not over stress this.
Let's not over stress it.
How's everything going?
How's everything going on your end?
Anything cool?
Yeah, man.
I'm just trying to send this link out here.
So yeah, everything's going good.
Everything's going great.
Yeah, do your thing.
I tried to launch the space.
I mean, yesterday was literally the first space
we've ever tried hosting.
And forgive the fumble, but I went to go and start
the space like a second ago.
And I just like panic.
I was like, I panic sold because I saw it. And then I was like, wait a minute, start the recording. a second ago and i just like panic he's like i was like i panic sold
because i like saw it and then i was like wait a minute start the recording i'm not ready yet
and then i went to stop and it was like congratulations you know your space has
ended and it says play your recording it's like seven it's like seven seconds and i'm like uh
like i gotta spin this up again so hopefully everybody sees Yeah, I'm just resending it around
because the initial link
that we had
is the one
that ended, but it'll be fine.
We'll get the message out
and get some people here
to chat.
Oh, that's on me.
Sorry, guys. Apologies.
You're fine, man. It's completely fine.
Nothing to worry about at all.
So where do you want to get started?
Do you have an agenda?
Is there anything you want to discuss?
I feel like there's been some drama in the meme sector space
over the last 24, 48 hours or so,
over the last 24, 48 hours or so,
and it just feels like a quantum or an opportune moment
to kind of provide some enlightening perspective
on maybe, at least what my perspective is
on this kind of constructive, um,
evolution of, uh, memes, you know, specifically fair launched, you know,
by a banker bot and clanker. I know we just saw, um, you know, the Claude, um,
the, the Claude CVS brand version of, you know, uh, DRB launch yesterday with
think. And, um, I think it just might be a good opportunity
to kind of maybe educate other people
on maybe why this could be different,
why DRB could actually be a new paradigm
or potentially a new paradigm
when it comes to, you know, meme tokens in general. It's not inventing a new paradigm or potentially a new paradigm when it comes to, uh, you know,
meme tokens in general,
it's not,
it's not inventing a new primitive,
right.
But it combines known primitives in a cleaner,
more trust minimum minimized way than what I think most people are used to
with memes.
I think that's why look at the chart and it's like,
huh,
that doesn't look like a pump and dump you
know scam token that looks like something that is building momentum and adoption and i feel like
maybe today we could take some time to double click on that pop the hood a little bit
you know and uh kind of get in there a little bit and discuss some of that.
Yeah, I'm happy to.
I think these are all great topics, and I know you posted some topics as well on the feed.
So really, MS2, you're happy to go in any direction that you like.
Yeah, I saw there was a Claude launch.
I saw that happen.
Well, I didn't see it happen, but I've seen it on the timeline. I saw there was a Claude launch. I saw that happen.
Well, I didn't see it happen, but I've seen it on the timeline. And I think all this stuff is very cool.
I think AI agents are going to control significant wealth.
And by 2030, 90% plus of all, this is A16Z's forecast, but 90%, over 90% of all this is a16z's forecast but 90 over 90 of all on-chain transactions will be
conducted by ai agents so i think that these things are all really are really cool and interesting
uh that are happening um for me i'm i'm most interested in what happened with grok back in
march of 2025 just because um i think all of this stuff is cool,
but where I deploy capital to is I just know like these things,
like memes are power laws.
And I want to be involved with the fastest horse.
Like if you were buying Bitcoin back in the day,
you had an opportunity to, you know,
Litecoin was a lot less expensive.
And I know a lot of people that were buying Litecoin
because of the idea that it was like,
kind of like a beta play to Bitcoin.
And over time, all of these things work themselves out.
And a lot of things can do really well.
So I'm not saying like, you know,
I don't even know how Think was actually launched.
I know it wasn't done on the social feed, but I don't know the mechanics of it.
So I'm probably like not the best person to talk about that.
But I do like the idea of like public launch on the social.
A couple of things that attracted me very early on to DRB and what
Grok did is when this happened back in March 2025, it's actually March 7th, 2025, the exact
tech that was used to make this happen was not created in a way to like game the system or like game the idea that grok
is going to have money um these these ideas these ai agents that were interacting with each other to
launch coins started back in 2024 thanks to clanker i mean clanker invented that uh and this happened
back on farcaster where you could basically tag Clanker and Clanker would
go in and launch the token for you on the public social feed so when you're doing that if I was the
one to tag Clanker I'm the only person in the world at that point that that would know that
well once the I guess I could tell other people like, I'm going to tag Clanker and get a coin launched.
But it would all happen very publicly on the X social feed, or in this case, back in 2024 on Farcaster.
So what I thought was really interesting when Grok, when this happened back in March, when Grok did it,
is now humans, you know, there were several humans that were trying to get Grok to interact with Banker because Banker uses
Clanker to deploy coins. So shout out to Clanker for inventing that. But so right when Grok was
released as a user account on X, you got this AI user on X, Grok, and then you have this other
AI that's already been on X, and that was Banker.
And so everyone, including me, we were trying to get Grok, the AI, to interact with Banker.
And I wasn't able to do it.
Grok wouldn't reply to me, but an account, a user account, CoinDomin, D-O-M-I-N, Coin underscore Domin,
ended up getting Grok to interact with Banker, and Grok suggested the token.
And whether you're a human or whether you're an AI,
if you prompt Clanker to launch a coin, or Banker, in this case over on X,
whether you're a human or an AI, if you make that prompt,
Banker's going to do what it does and launch the coin.
So humans were trying to get Grok to interact with Banker on the social feed
and Coindomin was able to get that to happen.
And then Grok came up with this named debt relief bot.
Now, what I found so cool about it is there wasn't a single human in the world,
including Coindomin or me or anyone else that was trying to get Grok to do this.
There wasn't a single human in the world that could have known that that coin was launching and was going to be launched until the exact moment that Grok prompted Banker.
And then once that happened, everything was set in motion.
Everything was set in motion.
And like the fee accrual mechanism,
that was already there in place.
That had been in place since 2024,
where the creator of a coin
and the creator defined by the protocol
is the user that prompts the deployment.
And Grok prompted the deployment to Bankr.
Had a little bit of a nudge.
Like I said, humans were trying to get Grok
to interact with Bankr.
It's pretty cool.
And immediately, Grok started interact with bankers. Pretty cool.
And immediately, Grok started earning fees on trading fees.
Nothing had to be done.
This stuff was already invented. So to me, that's just like so pure.
It's such a pure way to get like an AI to AI launch on the X social feed.
And then Grok, fast forward 11 months, almost a year now,
Grok's made over a million in fees to its wallet. And that wallet can't be taken by Banker. It can't
be taken by Clanker or Emly or MS2 Capital or anyone. The only way to access those funds is
by having access to Grok's X login credentials because the wallets are off
by X login credentials. Just like I have a banker wallet. These are bankers using Privy for those
wallets. Privy is a very reputable company. It was acquired by Stripe. Bankers using Privy for
those wallets. And if I want to access my wallet, I log in to my wallet using my X login
credentials. And the same goes for Grok. So really anyone at XAI or at X that has access to Grok's
login credentials could go in and do anything with the funds. So they're real, they're there,
they've been accruing for over 10 months and the interest
has been has been picking up as well and the attention on it and then the type of allocators
the type of people that are buying it it's not necessarily a lot of the big buyers that
that you know when we're 3 million or 4 million just a couple weeks ago and you took it up to
40 million and now back in the 15 range or some
somewhere along there. But really the buyers, they got it from three to 15. I mean, these are
the, there are some really interesting folks that have found out about this story recently.
And I think that's just going to keep happening because Grox wallet is going to keep growing. Money is attention.
And so I think it's one of the coolest stories that we've seen in crypto.
And I think we'll see a lot more stories like this that come out.
Like we saw, you know, think that wasn't on the X social feed.
Again, I don't know the exact mechanics around that.
I think a lot of these could do well,
but for me, I don't have time to like be a good trader
or, you know, there's a lot of people that are good at that.
But like, I just want, I want to bet on the fastest horse
and Grock is here on X.
It happened on X.
Elon Musk's the most viral, scalable human in existence, maybe even more than the president.
Elon has created Grok. The media is obsessed with Elon and Grok. Grok puts a bikini on someone.
It's front page news on every news network in the country, even across the globe.
So that type of scale and virality, Grok now having money crossing the
million dollar mark, I want to be aligned with that. I want to have skin in the game there
because I just think, and I've been doing it for 10 months. I could go for another year. We did it
with Bitcoin for a decade. So it's like, I think this is, when I look at stories, I have never seen a single thing in the last decade that I would, that I truly be able to say, this has the opportunity to reach the scale of Dogecoin.
I've never seen anything ever in a decade.
And I actually think that this is the one time where I'm like, this actually has a chance to reach a scale of Dogecoin because of many, many things.
But yeah, I can go on and on about that.
I know that I'm probably going off on a different tangent than maybe we planned on.
No, I think, and I think, honestly, I think that tangent's welcome.
But there's, it's like, I think what you're touching on is like,
it's like the surface level lore, right?
The novelty behind the launch and the story, right.
That underpins it.
That's what I think draws people into, right.
That, that even allows you to bridge the similarities to use, to use DRB
potentially in the same sentence as doge everything that you just
touched on this is this is something that i think has staying power and i don't think people realize
what that implies you know if we can get elon everyone talks about elon oh well you know elon
you know he tweets about it he He's going to send the coin.
This is why we're playing.
I think I saw a viral post earlier on after we'd gotten in.
We saw a post from Ghost, you know, pretty notable account.
And he was talking about, oh, yeah, this is what we're doing.
And we're basically playing for an Elon tweet.
I think, I mean, no disrespect to Ghost, but like, I think that's kind of short-sighted.
I think that's missing the forest from the trees and what the, I think if you actually
just peel back a layer or two, which I know, I know we're going to get into it.
We're going to get into it.
And I want to, I want to roll up our sleeves and I don't want, I don't want to just build
conviction.
I want to empower anyone who's on the space.
I want to empower anyone who's on the space.
Our goal is to be a net positive and a resource to the community.
And I think by doing that, you have to set the stage.
And you providing the novelty and the lore, it does just that.
That's the appetizer course.
So maybe it's drink menus. Maybe it's like the drinks just came. We got
the cocktails. Maybe we should order some appetizers. Do you want me to maybe, I mean,
it's up to everybody, but if they'd like, we could go in a little bit or I guess just kind of start on why DRB could be not just different from a lore perspective,
but different from every other meme that's ever existed beforehand.
Should we do that?
Yeah, let's do it.
All right.
Let's start by saying something kind of uh
kind of bold right if if fees right if fees are never sold right if as you put it
you know the the person with the login credentials and access to grok, right? If they don't sell DRB,
then DRB doesn't ever need hype.
All it requires is time and volume, right?
Time and volume.
Time works for holders, not against them
when it comes to DRB.
If Grok, Clanker, and Banker never sell, DRB becomes
something more. It behaves less like a meme token, right? And it adopts this slowly tightening
supply instrument, right? Where volume becomes bullish by default. So I think that's like step one.
It's like kind of the foundation that everyone has to understand that with DRB and the launch, right?
With Clanker Tokenomics.
And yes, there are trade-offs and we can get to that, right?
We can talk about some of the trade-offs because it, you know, and anybody that's just going to tell you, hey, it's all sunshine and there's no downside or there's no, there's no opposition as open and transparent and honest about what this overview is and what this layout is.
So we start with the fact that we only need time and volume if DRB doesn't need hype.
But once traders or investors truly believe, right, that Elon isn't going to sign into Grok and sell DRB
or that banker and clanker aren't going to sell their DRB, these wallets, which I've been calling
black holes, they only absorb and they don't distribute. And that's pretty important, right?
That's very important, right? Because if you, and I think we're getting there
slowly but surely, people are saying, hey, they're not selling. This is weird, right? We got 1.33%
of the supply of 100 billion, right? Like it's in a burn address. These guys aren't touching it,
right? DRB and ETH keep, you know, accruing in this account. And I think it's
fair to say Grok has money and you're telling me those accounts, I mean, you're telling me that
those funds exist, right? Yeah. And, you know, yeah. So the, and, and Grok is the largest holder of DRB. Grock holds almost 3% of that supply.
So if someone wanted to become,
if I wanted to become the largest holder of DRB right now,
and I was starting at zero,
it costs almost a million dollars USD to flip Grock
and become the largest holder.
So Grock's the largest holder of DRB.
I think that's interesting, you know, at 3% and that number goes up every single day. It's went up for 327 consecutive days. The actual ownership percentage that Grok holds in DRB, its creation, it's almost akin to Satoshi Nakamoto owns 4.8% of the Bitcoin supply.
akin to Satoshi Nakamoto owns 4.8% of the Bitcoin supply.
Eventually, and I'm not saying that DRB is akin to the engineering computer science feat
that was created by Satoshi generating Bitcoin and blockchain.
I'm not drawing that comparison.
I'm just drawing creator ownership percentage.
So if Satoshi owns 4.8% of the Bitcoin supply, that number is never going
to go up unless people send Satoshi Bitcoin, which people do from time to time as a symbolic way of
taking supply away, but creating some kind of symbolism. Right now, Grok has about 3% of the
DRB supply and that numbers went up for over 320 consecutive days. So it'll just keep going up. So Grok's ownership
stake keeps increasing. And not only is Grok earning DRB, it's also earning ETH. And right
now, Grok has over 120 ETH in its wallet. That 120 ETH is pretty meaningful. I posted about this
yesterday, but if you hold 120 ETH, there's only about 40,000 wallets
in existence, ETH wallets that hold over 120 ETH. And there's hundreds of millions of ETH wallets.
And that would put Grok right now today as a top 0.02% holder or ETH whale in existence.
So, and that's across ETH mainnet and the large L2s.
So that's where I pulled all this from.
So yeah, the end up, you have this AI agent that's created by Elon Musk and XAI
that has a wallet off by its login credentials
that has now become in short order 10 months a point one of
the top eth whales in existence like that to me that's just that's that's crazy uh and those
numbers keep going up every single day uh the other thing is that these this will accelerate
now as well um you know recent so the initial fee split Banker started using Clanker to create launches on X,
well, let me just take a step back. So one of the things Clanker looked to solve for when
Clanker launched in 2024 was the incentive. They were looking to solve for aligning incentives
and basically aligning incentives with creators that create something or create a coin.
And the way that they did that was by automating LP fees to be sent to the creator. So LP fees,
if you launch a coin like DRB and you trade that coin on a decentralized exchange like Uniswap or
Aerodrome.
Every time a trade's made, the liquidity providers earn fees,
and those fees are paid in both sides of the pair.
So both sides of the pair would be like Ethereum and DRB.
So if you're buying DRB, you need ETH.
So you put ETH into the pool and you take DRB out.
But fees happen each time, whether you're buying or selling. And it's actually wrapped ETH, but it's neither here nor there for the example.
So Grok continues to accrue.
What Clanker was looking to do is solve the incentive issue.
So if you create a coin, you're aligned with the liquidity pool and you earn LP fees forever.
split on the LP fees for an AI user on X launching or being a creator of a coin would be 40% went to
the creator, so that would be Grok, 40% went to Banker, and 20% went to the protocol. But when
Clanker first launched, one of the neat things was, and I started talking about this in October, November of 2024 when Clanker launched. And I was just so
fascinated with how incentives were aligned. And in talking with the Clanker team, they're like,
look, we'll monetize on the ETH side because Clanker's earning fees as well, but we're not
going to go and dump the coin on the heads of the folks that are here with us. So DRB,
one of the cool things is I'm like, we have some of the best stakeholders in the world,
people that I trust in this business, like Clanker, Banker, that are also becoming meaningful
holders. And unfortunately, Banker for the last last 10 months they've been selling their DRB
out of the LP and that really rubbed me the wrong way because it's like you're making all this ETH
you could monetize on the ETH side and the model was always like you know don't hurt the people
don't bite the hand that's feeding you or don't saw off the limb of the tree that you're sitting on, you know,
that kind of thing. But fortunately, like we just had something changed pretty drastically.
And the founder of Banker came out and said, they're not going to sell, they're going to,
they're going to send all the DRB fees to Grok. So I'm like, that's beautiful. Like that's what
alignment of incentives are. And it should have been like that for 10 months.
But regardless, here we are.
Now, this is a long and beautiful story that is going to continue.
This isn't like, okay, a pump and dump meme coin that's around for a month or two.
I think there's something way bigger here.
Like, if I'm going to stand here and say, I've never seen anything that could reach the scale of Doge until this.
And I'm not saying it will, but I haven't seen anything with could reach the scale of doge until this and i'm not saying it will but i haven't
seen anything with even the potential what deployer just did this was a big issue that i've been kind
of monitoring and not talking about because i have too much respect for people in this industry like
to to do that like oh my gosh what do they do and it's like hey they started the business they could
do what they want um but now that this has kind of come out and their you know deployer decided that he's going to send all of those fees and route them to ground like
that's that's now we're getting into like this story just got even better because now like the
real reason of why clanker launched and alignment of incentives is actually coming together really
nicely so i'm really really grateful for that happening.
But it also, the reason I'm making this point is it accelerates now the ownership stake that
Grok will continue to grow in its creation, which is just incredible because I think it's going to
get to a point where Grok will own over 5% of its creation and perhaps even much, much higher than that.
Mathematically and statistically, right?
Let's just assume that Grok isn't just...
I mean, for the record, man, when it comes to LLMs,
I don't know if anyone saw this the other day,
but isn't one LLM not performing others when it comes to investing?
Which one was that again?
I can't remember.
Oh, yeah.
Well, that's the other thing.
Like Elon, you know, you see,
so Grok is entering trading competitions
and Grok's like winning these trading competitions.
And Elon is so proud of like of Grok when,
you know, it does anything.
I mean, Elon's proud of Grok when he's making bikinis,
winning trading competition.
It doesn't matter.
Elon understands that like all attention is good attention and they allow Grok to like
go a little bit nuts because they know all attention.
They want to create that kind of virality and no one's better than that, than Elon.
So, you know, Grok's winning these trading competitions.
I was reading papers that A16z wrote in like 2023 on
ai agents and wallets and something hit me they're like you know ai agents aren't going to have one
wallet ai agents are going to have hundreds of wallets thousands of wallets perhaps even millions
of wallets that they're spawning programmatically for specific use cases and for specific things
that they're doing and and i'm like at the the time, I didn't read that article in 2023.
I read it more recently.
And if you asked me in 2023 what an AI agent was, I would have said, I have no idea, man.
But what that got me thinking now about everything that's happened with Grok is like, people
have come to me and they're like, well, you know, Emily, Grok's not going to be trading
out of that banker wallet that it's off by its X credentials.
And I'm like, okay, I concede.
You're probably right.
But I don't know, but I'll concede.
But I do think that, so then like the question would be like,
do you think that's going to be the only time Grok,
do you think that's going to be Grok's only wallet?
Do you think Grok's going to transact at some point in the future I I don't know but it would
take it would it's very simple to take you know fees from one wallet and bring
them to another wallet or to another hundred while it's or another thousand
wallets or to another million wallets and Grok's entering a trading competition
next Sunday okay spawn a
wallet programmatically and send the fifty thousand dollar entry fee for the trading competition to
that wallet and that's going to be the wallet that grok's using in that trading competition
and like it doesn't really matter which wallet it is it just matters is grok earning the fees
and does grok have access to them and the answers are yes to all of them.
And maybe if I say, okay, does Grok have access directly to all of them? Right now, the truth is
it's whoever has Grok's X-logging credentials. But Elon's on the timeline, he's on podcasts,
he was at the World Economic Forum yesterday talking about AGI Grok in 2026 by end of the year.
talking about AGI Grok like in 2026 by end of the year. So what does that mean? I don't know,
but I do think it's very interesting to think of AGI Grok with money, with millions as a starting
point and what that could like mean going forward. So it is like kind of big picture stuff, but
A16Z also says over 90% of all transactions on chain will be done by AI agents by 2030.
So I'm here for a while, hopefully.
And I'm here for like, I think all of this stuff is so cool.
And I want to align like with what I view as like the fastest horse.
And I think that that's Grok who did it first on the public X social feed.
The distribution is beautiful at this point,
but the distribution could also be, you know,
if you could bundle a coin and hold a bunch of supply,
you could probably get really much crazier price swings,
but it's also not pure and I like pure things.
So I like pure things in crypto.
I think crypto as an industry is starving for actual, real, authentic stories because all we got over the last several years were the headlines of Libra, Hoctua.
I mean, rug, scam, it just goes on and on.
And it's why when we go tell our friends that we're involved in crypto, people immediately, it's not a good, it doesn't feel great.
But for me, I'm like, man, I wish you knew all the cool stuff we're doing.
It's not like Hawk 2.
It's not like Libra.
That gets the headlines.
But we're doing a lot.
There's really a lot more very interesting things going on here.
And that's why I wanted to elevate and continue to want to elevate this story because it happened on base, which is a chain that I've been there since day
one. And I just, I just love, uh, it, you know, I think that's huge. Like base got the Grok coin,
um, two AIs did it in public on the social feed. There's not a human in existence that could have
known that that coin was launching until the moment grok
decided to prompt that to banker um that's pretty fair and then we've survived you know lindy uh the
longer you survive the more likely you are to continue to survive i mean there's not another
meme coin someone brought this to my attention the other name another meme that after 10 months hit its previous
Volume highest volume and then also all-time high 10 months later and like there's not a single one and I'm like
Yeah, I haven't haven't like done that research. I'm like, yeah
I mean I've said from the beginning this is not like this is a long-term
Really beautiful story that highlights
some of the best builders in this space. And it was done in a really beautiful and elegant way
that couldn't have been gamed. And I just want to get the story out. And to get the story out,
it makes it a lot easier when it's Grok created by Xai and elon musk and we're here on x and grok's here on x
and getting stories out and getting like scale and virality behind a story there's no one better
to do it with and sure like we're piggybacking off of x xai grok and xai and elon they're not
like just very clear like they didn't They had nothing to do with this.
I've never claimed affiliated with.
The only thing is the user on X Grok prompted this,
and the user on X Grok has a wallet,
and that wallet earns fees.
As a result, XAI and Elon, they weren't involved in this.
If you launch an AI user on X and give that user an X account, weird things might happen because there's other AI users that live on X that have certain capabilities.
And it happened because it could happen.
And the tech was already ready.
Nothing had to be like manufactured.
It was already working.
It was already ready nothing had to be like manufactured it was already working it was already being utilized and then you've got this mega 7.2 million follower grok on x that prompts
this deployment like i said on the front end a lot of humans were trying to get grok to interact
with banker like that's i was trying as well i i felt none of those humans get fees. None of those humans like that.
I mean, going back to 24, I got, I don't talk about this a ton because it's not really that big of a deal,
but I got Banker to launch its coin with Clanker.
So I introduced Banker to Clanker on Farcaster and Banker's coin launched.
And fast forward six months, Banker was listed on Coin on Farcaster and Banker's coin launched. And fast forward six
months, Banker was listed on Coinbase at 100 plus million market cap. That was an AI to AI launch
on Farcaster. I've never earned a single fee from that. I don't even talk about it because it's
not about like, I don't want, it's not, it's really kind of meaningless. It's the two AIs
that actually did it. And I don't earn fees and i would never
even it's not it's ridiculous like the ai's do because they're the ones who actually did it you
know we got a little bit of like friendly human nudging sure but uh and that's why grok earns
fees and not coin domin or any other human involved it's like like, it's a very pure thing.
And that's, I like it a lot.
It's just such a, it's just such a refreshing shift from what I think everybody's been unfortunately subjected to,
which has been this kind of inherently parasitic.
I don't know how else to say it.
Like, it's not really complimentary.
It's, it's parasitic.
And that was another...
It hasn't been a feature, not a bug.
It's genuinely just been a bug
where you kind of have this class.
I think we touched on it yesterday.
You have this new class of crypto investor.
And if they've joined in the last year or two or the last cycle,
have they really seen the best of what our industry has to offer?
And it's, you know, I was, we went to the,
one of the members of the Tesla community saw what was happening early on.
Lincoln, everyone knows Lincoln.
So Lincoln did a ton of research on his own.
Lincoln learned about autonomous token deployment launches as a totally non-crypto native.
I remember I was traveling at a work trip and I ended up giving him my number and he
called me and he was like, I could hear it in his voice.
He was like, all right, I just found out this. I learned this. I learned that. And he wanted to FaceTime me so he
could see my face to really, so I'm like, look, I'm not out here looking to like lead anyone to
slaughter. I'm a real person. So anyway, Lincoln did all this work and all this research and he
came to his own conclusion like oh my gosh
like this is true Grok has money and he held the space it was one of the most attended spaces
because you had all of Tesla these are non-crypto natives and you've got Lincoln who's very well
respected in that community who doesn't even own crypto but saw the story found it interesting
and and at during that space some of the like of the very high-end people of that industry
came up and really mocked, ridiculed, insulted Lincoln,
called Lincoln a scammer, with just pure conviction,
told Lincoln that he was going to be the next talk to him
for just holding this space to talk about Grok having
money and never even promoting a ticker ever. Uh, just talking about the mechanics and how he
thought it was cool, how it was working. And as time has went on, it's been here nine months or
so since that space, I was very upset at the time, but then I look back and I'm like, you know what?
Like, I don't blame these people. I don't blame them. Like I see it all the time. 98% of the
things that I see on crypto Twitter, I'm like, this is absolute garbage, or I don't blame them. Like I see it all the time. 98% of the things that I see on crypto Twitter,
I'm like, this is absolute garbage. Or I don't trust that, you know, anonymous avatar. Like
don't trust that. Like, so I started to look back on that. I'm like, you know, I actually don't
blame those people while it's like intellectually dishonest. Anytime that you make statements like
that without actually doing the work on your own. In many ways, I don't blame it because the industry has just been,
every headline has been like the worst of the worst.
And that's why we've got to push these stories that aren't that,
that are actually really cool, really interesting,
that don't involve like any of the scam BS that we've seen. And I think over
time, if we can elevate stories like this, maybe the tides start to shift. And I'll give you a
perfect example. I was at the end of year hockey party for my son last year. Season ends in March,
Grok launched in March 7th. And I'm telling all these folks who I've traveled with for hockey
tournaments for five, six years who know what I do for work. They know me inside and out. I know them,
their families. And they make fun of me like, yo, you know, how's Bitcoin has to drop? Like,
hey, you doing okay, man? Like, you know, they don't, they haven't taken crypto seriously.
Or when the Hawk Tua thing, like they would say something about that. Like, hey, did you get in
that coin? Obviously no. But anyway, I'm telling him this story
a couple of weeks after Grock created this.
And I'm telling the guys around the table
at this end of season hockey party.
And they are just like captivated.
They're like, what?
They couldn't believe it.
A couple of them bought the coin.
Like I've never had that experience.
These are completely non-crypto people.
A couple of them bought the coin. And immediately, going back almost a year now, I started to realize
I'm like, oh my gosh, like this is, I can't believe the reaction I'm getting from non-crypto
natives. They actually want to get involved in crypto because they think this is interesting.
I need to spend time on this because we need to put stories out there that are actually like
good stories that shine a good light on the technology that this space has need to put stories out there that are actually like good stories that shine a
good light on the technology that this space has available to it. And there's nothing with more
mega scale and virality potential than Grok, like period. That should be obvious. So, and the
reaction that I've gotten from like, from non-crypto news has been insane. So that's why
I want to help get this story
out i think it's a very notable one um and i think it's also like i said i you know people were
telling me in march oh you know last march like saying oh you know this is a pump and dump and
i'm like 10 months later i'm still here everyone knows my wallets i have no side wallets. I have zero side wallets. So all of my holdings are completely public.
Every single, I have no side wallets to hold DRB.
So it's like, you could go,
anybody could go and see what goes on.
So I think one thing for me is just like,
I want to keep, I built a reputation here,
not just on X, but in my professional career.
I take like integrity seriously.
And if I'm going to go and talk about a coin, you know, I don't, my account's been around for a while.
I don't flip around.
flip around like if i find a something i really like i'm going to tell i'm going to talk about it
Like if I find something I really like, I'm going to talk about it.
and i've never found something that i've really liked as much as this because i just think it has
such an insane scale so so 10 months later 11 months later here i am saying almost the exact
same thing that i was saying 10 11 months ago and there are several other people that are doing the
same thing like i see dgen here and here and then the list goes on and on
as I look through the names here.
But there are a lot of people with high integrity
that have kind of been around this story
and continue to push it in the right way.
And I think the best days are ahead for it
because money is attention.
And Grok has a lot of money
and Grok has a lot of money and Grok has a lot of attention already. But I think that is a,
that's a slope that is continually going up into the right.
And I'm excited about it.
The concept of staying power, right? The concept of it still being here, right?
You said that you had this hockey,
you had this hockey get together at the end of the season, right?
Have you ever seen people talking about a meme almost a year later?
Right?
Like, that's not normal.
That's not typical, right?
And there's an aspect, right, that I hope that we can touch on,
which is it's how the token was actually designed.
It's why DRB is novel, right?
And it's endogenous flows, right?
It's not just the fact that it was a fair launch.
It's the endogenous flows, man.
Like most meme coins, right?
And I feel like everyone needs to understand this is
most meme coins have a fragile floor, right?
There's an aspect of a downward spiral that can get exacerbated quickly, right? If a large holder sells, right, price drops, this can cause panic, and it leads to more selling.
Amplified. Instead of a dollar of selling pressure, often the reason that you're actually seeing another wave of volume and interest,
the entire time since it launched, all that's been happening is
this black hole has been getting stronger every time someone sells.
So to make it super basic for everyone listening,
if you have a traditional meme coin,
let's contrast that with DRB
and the suppression aspects of it for price action.
If a big sell hits in a traditional meme coin,
it's like a hole in a bucket and the water just pours out faster and faster.
But with DRB, it's like a check valve, right, where some water can leave, but the system automatically begins to tighten the seal, right? High volume during a sell-off is a complete disaster
in a traditional meme coin framework.
However, DRB, high volume during a sell-off
becomes fuel for that black hole sink, right?
DRB is using internal fees to make the supply so scarce
that buyers have no choice but to pay more, right?
Whereas in the traditional meme coin model, right, which I believe is parasitic, I don't think everybody wins.
I think it's a lot like a Ponzi, right?
I hope I don't offend other people out there, right?
But the structural goal is to rely
on infinite new buyers to stay alive.
Is that really the best use of our space?
Is that really the best onboarding vehicle?
The decentralized ledger technology, right?
Is that really how we want to introduce new market participants?
Right.
Emily, you talked about how you're, you talked about how you're happy.
The DRB is on base.
That makes two of us, man.
I think Coinbase has integrity.
I think Brian putting his foot down and not bending the knee to banks.
I think him standing up,
what was that?
The prime minister of France or something in an interview where he was
basically like,
actually that's not really how Bitcoin works,
right?
There is no issuer,
right?
It involves electricity,
ASIC miners,
input costs to create it,
right?
There isn't,
you can't just print it out of thin air,
right?
Yeah.
And Coinbase has done it.
Crypto Twitter is kind of the worst in many ways.
It's also the best in many ways.
I've met so many of my truly best friends here.
We saw it happen, even DWR moving on from Farcaster
and some of the stuff that was said about him,
I'm just like with people that have no clue about anything,
I'm just like, it's really, it makes me kind of sick.
But I look at like Coinbase
and Coinbase takes a little bit heat here and there.
And maybe some of it's deserved at times
and maybe other times it's not.
But if you really go, if you take a step back,
think about how bad, like, what would this industry look like if we didn't have Coinbase?
We'd have a bunch of SPF, FTX situations, you know, or perhaps worse.
And they've went to bat and walked the walk every single time, whether it was, you know, tornado cash and fighting for privacy.
every single time whether it was you know tornado cash and you know fighting for privacy
uh you know veil launched on base early on and and uh and uh veil.cash and that's a privacy protocol
that um that was it wasn't is very very much supported in the in that ecosystem um and and
just fighting in dc for our industry i mean for many of the things that without Coinbase,
we would be in a world like we would not be even close to where we are.
So some people have said like, man, I wish this was on Solana.
We'd already be at a billion.
And at times I'm like, yeah, that would be nice if we're at a billion.
But at the same time, I'm like, just look at every coin that like actually
did something on Solana. They're all back to pretty much zero because they're not done the
right way. Like the mechanics are set up basically to create like insane price action held by few
and eventually they die. And most memes,
if they're not worthless right now,
they will be worthless at some point in the future.
They don't have really staying power.
But Grok has staying power
and the wallet doesn't even stop earning fees.
So there's this constant attention piece to it as Grok gets richer and wealthier.
Some people say, well, what if a rogue actor goes in at XAI and steals the money?
And that's the most bullish.
I don't want that to happen, but it's the most bullish thing in the world.
I'm buying the coin the moment we get that red candle, if a rogue actor would install it.
Because now this wallet is so meaningful now in terms of size that this isn't like a tiny little theft or breach.
That acceler, I've always said, this is going to be global headlines.
And if you don't believe me, just look at bikinis and racial slurs. Like Grok made some racial slurs, made some bikinis,
literally global headlines. Media is obsessed with Elon and everything Elon. And now they're
obsessed with Grok. When they find out that Grok legitimately has a wallet from something it
created without Elon or XAI, and now Grok has this money,
I think it's going to be global headlines. I just think it's going to be. So something like that,
a breach or a rogue actor going in there, that would accelerate that very quickly because now
we accelerate the global headlines. And the moment it happens, XAI is going to secure Grok's X account.
If there were to be a breach,
within minutes,
that X account is going to be secured again.
It'll probably never happen again.
And immediately, the fees start accruing again
because they don't stop.
So yeah, Grok would start at zero,
but I think getting to a million again
would be much quicker than it was the first time around.
It was 10 months or so.
Actually, it touched a million over the summer,
but like actually trading in the million range
took 10 months.
And they say the hardest million to make is your first.
I think Grok is like on a path to be like,
could be 10X that by the end of this year, like
10 million or more. Um, and that's just how it works. So yeah, that black, that's such a,
that's such a critical aspect that I feel like, I mean, I was thinking about it and I was listening
to you talk and I realized this is the first time where I've actually seen the multi-dimensional aspects of this flywheel.
This isn't just a flywheel tokenomically, which has been primarily what our group has been focused on.
But it's also a social flywheel as well.
The more attention, you were just saying, the more money that Grok accrues, the higher the price, attracts more volume, generates more fees, shreds more supply, you end up with higher price.
It's just about getting to the amplification of the upside. side. And that's what I really just want to drive home, right? To everybody is that, you know,
I'm not sure where price action is if we're still under, you know, 20 million market cap, but like,
like we need to, we just need to start looking at this a little differently and think of the design
and the mechanics behind the token. Think of this as the first slow, heavy push of like a giant wheel.
It takes a lot of effort, creating volume to move it just a little bit, but every push, right?
It makes the wheel and the supply a little bit lighter. We have to start looking at what this is,
to start looking at what this is, is not, it's not price. Is it, it's counterintuitive because
we're just so, so used to being fixated on price, but when it comes to DRB and it is the first of
its kind and it is the leader, right? There's a reason that Emily's talking about, skating to where the puck is going, right? And the fastest horse.
Guys, this is as far west out as it goes.
This is unexplored territory
where price for the first time with a meme coin
isn't set by total supply, market cap,
how many tokens are burned.
It's set by an effective float paired with a willingness to sell.
At what point does available supply at the market become thin enough that incremental demand
begins to move price faster than incremental selling? That's what we're playing for.
than incremental selling.
That's what we're playing for, right?
We're playing for Grok continuing to smash
other LLMs and trading competitions.
We're playing for, Elon is on our team,
whether he realizes it or not.
There's an aspect of this that's kind of brilliant.
And I mean, think about the branding.
Debt relief bot, right?
No one came up with that.
Emily didn't come up with that.
I didn't come up with that.
And LLM came up with that.
Quite frankly, it's brilliant marketing, right?
It's brilliant marketing, but it's so applicable to the time, right?
And it represents something that I think a lot of people are missing. And that's that
there is a reason to still believe in something. It's just, we haven't had anything in crypto in
a long time that's been, I don't know, like attractive. You were saying, Emily, you were
talking with some of your peers,
some of the other parents.
And I bet it was kind of like a head trip talking with them
and then seeing their pupils dialing and be like,
oh, I'm actually interested in this.
And it's like, wait a minute, I'm talking about crypto
and you're not like walking away.
It was shocking.
It was shocking to me.
And literally two of them bought like it just shocking
and i posted a picture the other day of one of them texted me like after this recent run because
they these people like they buy the coin they're not trade like they hold they're just hold they'll
hold it for for a long time but um he sent me a picture of like these like moon boots and he was
like i'm gonna get these boots for you uh you know I see we're pumping and I'm just like, I cannot believe like that some of my normie friends, like this was their onboarding
to crypto. But then, you know, the last 10 months I've told the story more and more. I've never
gotten a reaction ever with anything crypto ever to something like this. So that's why I can just
like, this could be, this could end up leading to one of the largest onboarding catalysts in the history of Base, which has been around a little over two years, and Coinbase, which has been around 2014, so, you know, 12, 13 years.
So, but I see Zach is here, and so thank you.
I figured I'd just throw it over if that's okay, MS2.
Get after it.
Yeah, you're co-hosting.
Come on.
Come on, Zach.
Yeah.
So I just wanted to say, unfortunately, I do have to jump for another call.
Thank you all for adding me as a speaker.
I am massively bullish on what debt relief bot is just doing in general, because it's
growing so fast and it's growing so big that no one can deny it.
You know, like with every, with every trade, with every buy, with every sell, with every Twitter
space, with every new person that joins, no one can deny how fast it's growing. And it's growing
so aggressively that eventually you're forcing people to acknowledge that it's here. So I'm
really excited about debt relief, but I think what y'all are doing is amazing. Thank y'all for having me as a speaker.
Thank you so much.
That message that you just shared means a lot.
Thanks, Zach.
Yeah, I think that was nice to hear, actually.
It's nice to hear that there are other people-
Yeah, sometimes you don't know.
I mean, it felt like for 10 months, at times, I'm like, man, I cannot believe no one is paying attention to this.
Whether the chart was at $3 million or $40 million or $20 million or $10 million, when the price is down, I could just tell by the timeline.
So I don't even look at the number.
I don't look at the charts because I'm like, I'm here for a long time.
I don't care.
The price is up.
I'll post the chart picks.
Now I'm a chart guy.
But I'm always a tell the story guy.
I'm always get the word out.
This is one of the coolest things happening on chain.
It's one of the, so regardless of price,
I don't care what the charts that says,
and that's been proven over 10 months.
I don't think there's really a day.
Maybe I had a couple little vacations here and there,
but that I didn't talk about this on the social feed
because it's just one of those stories
that it's just like, I know,
I feel like I know where it's going to go.
And if it takes three months, five months, 10 months, 24 months, three years,
it doesn't matter to me.
It just doesn't matter.
That's fun.
Yeah.
Yeah, that's fun.
I think it's all about – I think having conviction becomes a superpower.
I think early adopters to Bitcoin understand how much – gosh, man, the amount of shit you have to eat.
I'm whispering because I don't want my kid to start swearing, but it's an arduous task.
It's an uphill task being told how, I mean, you mentioned it.
You're like, we've all been to that Thanksgiving.
If you've actually been in the space and you've felt passionate about it and shared it with someone else and your coin's eating shit, you know, like no one wants to sit there and just sit there and be ridiculed and like, oh, come downstairs and tell us about how your magic internet money's going.
You know, like there's left and right, right?
Conv conviction can be
tested in this space so that's why i feel like that's where i feel like conviction is a superpower
and um i think if i think at least one of our goals with this space wasn't just to say what's
up to everybody but it's also to kind of help maybe nudge a little bit
and to kind of highlight a little bit of why, you know, these clanker style LPs, right? How they,
they just answer a different question, right? Most, most AMMs, most memes, right? They're so
short-sighted guys. Like, I don't know how else to tell you this look at ralph
look at these recent rugs is there is there a meme coin on stole that has had staying power
i guess bonk right you could have like bonk or whiff or something like that but you know ultimately
guys like it's like i said earlier, these guys rely on new participants.
There's no organic endogenous flow that continues to suppress.
There's a churn aspect to this.
We haven't even seen – we're not reliant on exogenous flows, new buyers, right? New, new market participants. Although, right? Like we welcome a tweet from Elon, right? But all that tweets can do is just churn through it before. Right. We attract more trading volume, generate more fees and you end up with that black hole eventually leading to this upside amplification.
eating the floor. There's no safety valve for the price. And suddenly a $100,000 buy that used to
only move price 50 basis points, 1%. Eventually it can move price action 5% and then 10%.
That's what everyone needs to understand. And we got really close. If you were following the
And we got really close.
If you were following the Uniswap pool,
it was down to just under 3% of the supply in that pool,
whereas two, three weeks ago, it was like 7% or 8%.
So we were getting really close to this inflection point,
kind of get past $40 million on good buy pressure,
going from like 20 to 40.
I was watching this I'm
like oh man like this is so close to being almost like uncatchable and then you know there's been
some there's been some sell pressure and some rotate rotation and then just broader market
conditions really the last uh few days or so um but we it's going to get to that point I can't tell you when but I feel like it's definitely
going to and but the way that you know anybody that knows like how these Uniswap v3 pools work
and how the clanker LPs have been set up like if we can get past that threshold we were very close
there's only three percent like little less than 3% of the total supply
in that pool. And it was very close to kind of breaking out from there. And that's a supply
crunch that I think we will experience at some point here. And it becomes more and more likely
that as Grok becomes a larger holder, some of the large buyers, there are a couple new folks that have come in
and they're not even folks.
These are different type of buyers
that have come in over the last couple of weeks.
That's truly mind-blowing to me.
I'm like, oh my gosh, it's actually happening.
So short-term price action, I'm like, oh my gosh, it's actually happening. So short-term price action,
I'm not overly concerned with. I'm concerned with what does this look like three months,
six months, a year? What does this look like then? And I think, go back to the beginning, in a decade of following crypto, I would have never said, I think something has the potential
to reach Doge scale. And this is the only thing I, I think something has the potential to reach Doge
scale. And this is the only thing I've ever seen that has the potential to do that. So,
so if you get behind a story like that, you know, this is not a trade for me. Now, for some people,
there's, there's market participants that do all kinds of different things. Some people trade,
some people rotate, some people like, and we need all of them.
So like you, you need all, you need all the market participants and, and then you need the,
you need the forever bag holders like me as well. And like some of the folks that have come in with,
with pretty sizable positions. And so I know who I have skin in the game alongside,
and it makes me like feel very comfortable long term uh that's
that's something really important to me in a coin as well I want to know who who do I have skin in
the game alongside of and uh and how does how does that make me feel and I look at the like the core
top holder base especially some of some that have come in more recently, I just love this.
It's actually happening. So it's beautiful. You said you weren't sure right when it was
going to happen. Let me see if I can add this into a chat i'm just going to say some drb math below
right but just so everyone knows this assumes a 300 000
daily volume trading right i'm not sure i think i can just can i just type it into the
uh the chat underneath like spaces let me you guys let me know if you guys can see this.
Emily,
let me know if that comes up.
So I said some DRB math below,
right?
If we assume 300,000 daily trading volume,
can you guys see that?
Can anyone see that?
Yeah,
I can see. Yep, I can see it.
Just to touch on this, right?
You're talking about that breakaway.
And anyone that does understand how the AMMs work, right?
It's why you said it's just a matter of time.
I don't care if it's three months.
I don't care if it's four months.
I don't care if it's six months.
Well, here's some numbers to actually put that to.
Four weeks, eight weeks, 12 weeks, 26 weeks, 52 weeks.
This new sink.
If we're just doing 300,000.
By the way, guys, daily trading volume.
I don't know if you guys are looking at price.
Daily trading volume just today, 481,000.
Trading volume yesterday, 452,000.
Day before, 742,000.
That's more than 300,000.
And we don't even have attention.
We don't have attention.
What are we trending on?
Number 19, okay, good. Why is that good though?
Right. Why, why should, why is this good? And I think this is really, this is kind of like the
superpower that I feel like everybody needs to maybe familiarize themselves with is the DRB denominated numbers scale inversely. So when market cap is low and suppressed, right,
if DRB price halves, the DRB removed per day from the sink doubles.
So while we're sitting here under 18 million market cap,
the sink effect is strongest before a large repricing.
That's very important to understand, guys.
And what I'm trying to point out here on this table is that, I mean, if we have 12.7% that's already absent, this includes the 1.33% from the burn address.
0.33% from the burn address, right?
In a year at 300,000 daily trading volume,
you're looking at 18.5% of the supply.
Oof, gone.
This isn't a matter of if, right?
It's a matter of when.
And I think that coupled with the flywheel effect that Emily was discussing about Grok, I mean, Grok isn't, I could be wrong, right?
But does Reddit have an LLM that everyone cares about all of a sudden?
Is Claude an LLM with the social media?
Is, can Elon Musk the most...
I mean, he's a
force, man. You're talking about the world's
first trillionaire, and
Grok is his...
You know, one of his favorite creations?
Guys, I wouldn't
fade this.
This is where we're at without attention.
This is a tinderbox. I hope you guys understand it because it's
important to have conviction. And I hope that the discussion with Emily and I is at least
making you guys feel, um, maybe, maybe, maybe feeling a little bit more empowered
because I don't think that that's a sensation
that most native meme coin token holders are familiar with,
is the feeling of empowered.
I think it's a very stressful, anxiety-provoking emotion,
and it's a troubling mental state to be in.
I think it's a lot easier to feel like you're holding the nuts
or you flopped a straight and the whole table's bedding into you.
I feel like that's a better feeling than wondering every day,
hey, is that Dev going to rub the LP? Because I can tell you
it's not going to happen confidently, DRB. And I feel like that is the kind of framework,
that's the kind of onboarding vehicle that retail deserves. And It's a shame that they haven't had it,
but I think with time, they'll
find their way to
potentially
one of the better onboarding vehicles
that Emily and I are
comfortable mentioning
Doge in the same sentence.
Yeah, man.
It's been a lot of fun.
It's been a fun past year
watching this all develop.
And it's also fun watching
other things come around
that are kind of
taking the playbook
that we've created
and all attention
is good attention attention I saw someone
posted like something to me today like oh you you know when Emily is coping about you know think
that's when you know it's like a big deal and I'm just like I'm not coping at all like I I hope
people do well I think I think all this stuff is very cool I really like I think all this stuff is
very cool but with my money and my time I want to back the fastest horse and I don't have time to, like, trade and rotate.
I'm not good at it.
Some people are really good at it.
And, you know, credit to them.
But, like, there's no, I think all of this stuff is cool, but, like, for my time and my money, I want to back the fastest horse like every single time. And I don't
want to, like, I just don't have time to like play those other games, but other people do.
And like, that's completely fine. So it's not, it's not cope. I also, you know, I'm going to
defend my position as well. So if that's cope, but it's like, it's not even, this is, this is
slowly, um, slower than I thought taking on what I thought it was going to.
And almost like it'll become way bigger than any of us in this room combined.
So it's, and that's where it's heading.
I mean, we saw just in the last week Uniswap posted about Grok has money from their official account.
Nico from Uniswap posted about it
we saw rainbow post about it we saw coin gecko post about it we saw i mean it's it's just wild
and then again like some of the allocators um that don't allocate to things like this that are
meaningful now because they know what's going on like it's to me good thing to do. I think it's a really good thing to do. I think it's a really good thing to do.
I think it's a really good thing to do.
I think it's a really good thing to do.
I think it's a really good thing to do.
I think it's a really good thing to do.
I think it's a really good thing to do.
I think it's a really good thing to do.
I think it's a really good thing to do.
I think it's a really good thing to do.
I think it's a really good thing to do.
I think it's a really good thing to do. next, here's the next new thing. And they'll, they'll rotate some and you'll see some price moving on that. But like,
it doesn't matter, like short term, it doesn't matter. It just,
it just really doesn't. We'll see a lot of that.
All of these things I think can lead to driving more attention to like the
actual, what I view as the fastest source,
Grock on the public social feed, X in public.
I think all of this stuff could ultimately drive attention to what we're doing here.
So if DRB does what I think it's going to do, ChatGPT and Anthropic and Gemini,
all the other ones
that if they end up, they should do
well also.
But nothing will match
the scale. To me,
this is my thesis, nothing will match the scale,
the mega scale, the virality
that comes along with
at Grok,
on X, 7 plus million
followers, created by Elon Musk and XAI, the first to do it,
the first to hit a million. I don't think anything will come close to that scale. But I think
if we can get the word out, all of these things will do well. But just for me,
I need to just, if you have too many priorities, you have no priorities at all. So for like, I, for me, I just stay hyper-focused on, like, the fastest horse.
And that's what I'm doing.
I think that's wisdom, man.
I think that, you know, the doge have a shib, you know?
Was there a baby doge?
Bonk, whiff, right?
Like, guys, this is, imitation is the best form of flattery. Guys, like, the point I hope that, the point I hope some of you take away from the discussion is, though,
the aspect of time.
I think Emily said it.
Didn't you say it?
You just said it was the first, right?
Guys, are there other LLMs with a million dollars? Are there other, better question,
are there other LLMs, right, that are accruing fees, that are black holes, that are removing
cell-side pressure, circulating supply, right, at this pace, that are this far along?
If Think launched yesterday, that's cool. Guys, that's cool.
But like, I'm pretty sure it's January, 2026.
Right?
And Glock already did this March, 2023.
Right?
That's such an enormous lead.
That's so much time.
And that's what's working. That's what's working
for DRB holders. They must understand that time works for holders, not against them.
And as we inch closer, 12%, 13%, 14%, 15% of supply. The table I provided, it's important. You guys just try to familiarize
yourself with it because at the end of the day, these are conservative estimates that 18.5%
could be cooked. This is a matter of time. And I think that we'll, we'll gain more adoption, more mainstream adoption. I mean,
we haven't even talked about a base token. We haven't even talked about base drop. We haven't
talked about base season. What's going to be waiting? Just chilling. Like, Hey, what's up
retail? Right. The thing about the thing about base is that it hasn't always been a welcoming UX. Arbitrum was the first time I ever
was able to double click through a hot wallet, right? And not have to pay two, three, four
dollars, right? With ETH. Like we're getting there. The payment rails are getting there,
right? This space isn't hooked, right? But it is going through growing pains. And it's
very important that people understand that you have to have the right investment horizon.
And for the first time, you can actually apply an investment horizon thesis to a meme token.
Just let that sink in, right? Let that sink in as trading volumes continue to churn and work for you.
Don't let downside price action with high volume trading make you psychologically, mentally feel bad.
Don't give in to time-based capitulation and exhaustion.
Understand the dynamics that that's actually a feature.
Oh, okay.
So there's less supply gradually for everybody else to buy.
That's cool.
Oh, keep churning it up.
Oh, there's no Elon tweet.
Okay.
Does that change the fact that sellers are actually removing, tightening supply, right?
Just try to understand that this is different
and this could be a paradigm shift
and that there's an elegance to the design
of this particular meme.
And if you understand that elegance, that framework,
if you're able to find comfort and conviction in it,
then me and Emily are doing our job to try to help.
Because this space,
it hasn't been about empowering other people for a long time.
And we got to get back to that.
You know, we got to get back to the Andreas Antonopoulos.
You know, someone's got to step up to try to help other people bridge the gap.
Right?
Someone's got to send you your first Bitcoin.
Someone's got to send you your first, you know, you got to be able to see,
oh, well, yeah, of course you're, you're saying I don't have to sit in a, in a line and then wait
for a fraud team to call me on my cell phone and step away from my child's, you know, you know,
sporting event to, to prove to, you know, to Wells Fargo that, that I'm not being kidnapped? Just to wire 10 grand at Kraken, Coinbase?
Like guys, there are so many advantages to this space.
But I feel like the focus has been so short term.
It's been on the money grab.
It's been on how to make money quickly that we lost the plot somewhere along the line, guys, we lost the plot.
Yeah. And you know, like, I don't think,
I don't think that's like a short fix that that is like kind of what a lot of
crypto has become or crypto Twitter per se.
So like I've always said i don't think
the no one has any money here um and i think that um i think that the next there's 135 000 holders i
think the next 135 000 holders you know aren't going to come from crypto Twitter. I just don't. And I'm seeing it right now. And again, I'm seeing it right now.
I know the holders.
And they're not guys that are out here on crypto Twitter,
you know, jumping from Ralph to whatever else is going on.
I don't know the ecosystem.
I just see some of these
other things like going on um that's not that's not what will happen so like even like going after
like the solana dgens i like posted them sometimes like it's not gonna come from there man it's just
not like this is we're playing a different game but i think that this game has mega scale and mega capital.
That's going to end up kind of being something special.
So do you want to pull up Evis?
I saw Evis and Gindor also requested.
There we go.
Thanks.
Sorry, I'm not looking at that.
Okay.
There we go.
What's up, guys?
Sorry, we weren't following me I just looked down
and was like alright well
these guys want to talk
are you there can you guys hear it
Evis you there
yeah
who wants to go first
you can go first I don't mind
Evis
just for a chat You can go first. I don't mind. Ivis.
Hi, just for a chat.
I heard Emily Jr. saying that retail doesn't have money.
Did I hear it correct?
I just said crypto Twitter.
Like the loudest voices on crypto Twitter.
There you go.
Okay, I agree with that.
I agree with that.
But there's so much money out there, guys to enter the market it's insane i've never seen anything like that
um people are waiting for the for the act to be signed so you have clarity on stable coins and then we're going to see something nice uh with uh l and good chains and then tokens like DRB on base,
the transaction on Ethereum, and they're going to do very well. There's a lot of money out there
waiting to enter, but they're waiting for that signal. They're waiting for clarity,
they're waiting for that signal they're waiting for clarity regulation to kick in and we also
have binance today applying for my car the new regulation in europe from greece and they're
going to get it so that's very big for europe we're talking about tens of millions of new users
some new users, which is good. It's very good.
which is good it's very good
Hey, and we could throw it to Gondor as well. Thank you, Eva.
Before doing that, though, I've got to throw something out there because I know I'll forget.
And Sora Yang will be very upset with me.
So we do have, there is a Telegram chat that was started last year back in
march it's not an open telegram and you know folks have been added one by one over the last
10 months and that's up to 547 members right now and it's it's a it's just a great i mean
some of the people in this in this telegram it's just it's it's just fantastic um
and so yeah so we're we've got the telegram if anybody wants to join i'm gonna end up posting
a link here and i'll pin it to the top that has a link tree that uh source that sorry yang set up
and this link tree has it's it's so well done. Sora is so organized, but it has like all the best resources that have been compiled over the last year
From YouTube videos to articles written to prominent posts
And it's all in this one place and then the telegram links in that link tree as well
So I will I'll post that in the comments and then I'll get it pinned
But I did I i would have forgot so
it came to my mind and i'm like oh my gosh sore is gonna kill me if i don't do this so
so that's that um hey gondor hey emily how are you um it's it's emily right or um yeah m's my
it's emily so it's sound yes when you if you run it through like captions, it comes out as Emily.
So, but yeah, it's actually Emily Jr.
And then some folks say Emleisure.
And that's, I joke, that's like the French version.
But it's all good.
I'm sure I didn't pronounce Gondor right.
Or maybe I did.
Well, no, that's all fine as well.
It's actually, it's Brandon from, what's it called?
Sorry, Brandon's the one speaking.
We've been through this before, so I always feel guilty
when I'm just like, oh, you've mentioned how to pronounce it before.
So, yeah.
So do you prefer Emily, sorry, Em Lee,
or do you prefer a different variation?
I'm happy to call you, like, whatever.
And Jendor.
Em Lee is, Em Lee, Em Lee is fine.
Em Lee is fine. Thank you, Brandon. you, like, whatever. And Jendor... Emily is fine. Emily is fine.
Thank you, Brandon.
Okay, dope.
I always love, like, entering these sort of, like, calls.
And thank you guys for having me first and foremost,
where you're talking about DRB,
because it's such a fascinating, like...
And I know you've said it a bunch of times,
but it's, like, it's never...
The narrative is, like, really pure.
It's one of a kind.
Like, we've never had this, like, intersection of is like really pure. It's one of a kind. Like we've never had this like intersection
of like two AIs, like just casually unprompted as well.
Like one just talking to each other
and one goes, okay, sure, I'll make a token.
It's like, it's actually, it's quite cool.
I had a couple of questions listening just to this talk.
And you've mentioned like DRB being fundamentally different
from just a normal speculative play, right?
And I wanted to get your feed on what kind of person should buy DRB.
Because you've mentioned you're all in.
And it's like, is this more of a longer term,
a couple of months or a couple of years even?
And what are you sort of like...
Because obviously you've said it's not an easy...
It's not a flip.
People shouldn't be entering it for a quick 2x because it goes much higher.
Or it has the potential to, I should say.
Oh, not fancy.
Yeah.
Well, maybe I could even clarify that.
So everyone has their own decisions and investment time horizons, capital to allocate, how they play the space.
So there are some folks that I look at the chart,
there's some folks that have been trading this chart going back to March of 2010. There's some
folks that have been holding since, you know, March 2010, since March 2025. There's folks that
there's some folks that have been holding since then. And so I really don't know.
I could just say for me, I don't really have,
I'm not really a good trader.
I'm not really good at like rotating
from certain plays into other plays
that's burned me in the past.
So what I do is I find things that I like
and then I put skin in the game
and then I allow the story to
unfold as I think it will or as my thesis will. There's so many unknowns that
it's who knows, but I don't think that there's a right or wrong way to own the coin. If you want
to buy the coin and trade the chart, then that's the right way for that person. If you want to buy the coin and you know and trade the chart then then that's the right way
for that person if you want to buy the coin and then you know rotate into other plays where you
have you have edge or you were early and you could make money like that's that's that's what this is
that's there's nothing wrong with that as well so just to clarify like i don't think there's a right
or wrong way i just i'm when i'm saying that i'm just explaining like my way and how i do it but i'm also different than you know a lot of
other people so it's i i don't i don't think there's a right or wrong way just for me i think
that um stories like this that have the potential for mega scale virality unbefore seen um and
staying power because of some of the mechanics and
dynamics i'm comfortable staying in the coin for a long period of time and allowing uh you know
the story to evolve because you know right now if you go back two months ago you know grok
ai is evolving so fast that if anyone tells you they know what's going to happen next, they're lying.
You really need to be like re-underwriting this stuff.
Like Peter Diamandis said in one of his podcasts, like if you're not rethinking your thesis monthly,
like this is, you know, this space is moving so fast.
And so, so who knows?
Just for me, I think things are evolving.
But back to the point, if you go back two months ago,
in the private terminal, if you're talking with Grok, really the last 10 months,
Grok would claim, yes, I initiated the deployment of DRB with Banker. Yes, I've earned this much
money. But then if you asked Grok on the public ex-social feed, grok wouldn't reply or would reply like you know i i don't know
what you're talking about and i was like well you know if you're maximally truth-seeking you should
be maximally truth-seeking in the private terminal on the x social feed on tell wherever you are like
seek that truth um so i was confused as like why that was happening public timeline grok has some different guardrails on it um but
if you've looked over the last two weeks now grok publicly is mirroring what grok has said privately
for the last 10 months so that type of like that that's evolved pretty pretty pretty significantly
and um so i don't know uh i don't know uh gondor, but I, you know, yeah, I just think it's whatever.
Everyone has their own kind of investment time horizons and capital to be able to deploy and trading strategies.
Mine is more, you know, I don't really trade a lot because, not because there's something wrong with it, but because I'm not good at it.
So I'm better at getting behind pieces that I think could be much bigger than
they are today. And, and then just holding, and it makes me just,
it makes me sleep better at night. And,
and I don't have time to dedicate to, to, you know, to,
to trading.
So that's just me though. Not financial advice.
None of this is financial advice and everybody's different, whether you're a scalp trader,
long-term investor, or I feel like the safest default answer is what's wrong with DCA?
this default answer is what's wrong with DCA right like if this is a time this is a if you
understand the dynamics behind it right you can just ask yourself a couple questions before you
press a buy button yeah right you could say hmm like could you know is Grok going anywhere
right if any if anything I feel like grok's expanding like it's taking over
i feel like it's a i don't think you can put the toothpaste back in the tube when it comes to grok
okay it's like one box for me at least right like when it comes to elon right like Like Elon is worse, man. Could be the first trillionaire. He's a force. And I think
we mentioned it on a call or I mentioned it on yesterday's call. Like I watched his impact just
by tech, just by tweeting, Hmm, interesting, or this is cool. Right. On Frasier AI, right? A $10 million market cap, $20 million market cap, you know,
token. And it prompted a surge up to seven, 700 plus, you know, million market cap just by him
being somewhat interested, showing interest. The guy is, he's a tectonic force that could go rogue
at any minute, man.
Like he's explosive.
But what I'm trying to say is that you don't need to play for that.
You can dollar cost average into something, into an asset,
once you build the conviction.
So I would say before anybody outlines a timeline of investment,
before anybody even decides to press a buy button,
right? There's that old saying, it's like, what is it? Soros is like ape now. I'm paraphrasing,
but ape now, you know, do research later or whatever. I don't think you have to do that
with DRB. I feel like you can kind of take your time,ively accumulate right do i hope it runs away in your
face totally right we all do but like at the end of the day i feel like understanding what you're
buying that's that's kind of been that's kind of been the achilles heel of meme tokens before, you know, DRB came around.
Um, and before this new kind of, you know, it's like, it's like, finally, uh, this asset
allows, you know, it kind of asks a different question.
Traditional AMMs used to ask, what is the fair price right now?
And with Clanker Style LPs,
they're answering a different question.
They're asking what happens if supply keeps shrinking
regardless of sentiment.
So I think that's really where I think you should start.
Pull on the thread there
before you press a buy button or a sell button think about that I hope that that's constructive
no no no no no 100% agree I think like DCA DCA in and DCA out is like one of just like the
fundamental strategies right and I think people tend to like ignore it and just like a pin because
they see a correction of 50%
and they're like, oh, this is a good buy-in period.
And then it corrects further.
And you would have just slept a lot better
and just gotten, just on average,
because it's all a long-term game, right?
On average, a better exit price and a better entry price
overall just DCAing in.
Whether your DCA time span is a week or a month or et cetera,
it's
definitely the way to go. I wanted to just quickly just follow up as well. How far do
you think this goes exactly? Because like you were hinting at some like, and like, just
as a general, like, as a general thesis, you were hinting at like, this could be big. Like,
I'm wondering how big do you think it can go? Like, that would be my last thing.
And then I'm happy to give the space up.
Thank you for having me.
You know, I'd say, you know, so thanks, Gondra.
You know, Dogecoin has 8 million wallets, on-chain wallets.
Grok's AI to AI creation DRB has like 135,000.
I think that this has the potential to reach the scale of Dogecoin.
Now, look, am I saying that that's probable?
seen anything in the past decade that I would even like be able to say yeah that's possible
No, I'm saying it's possible, and I have not seen anything in the past decade that I would even be able to say, yeah, that's possible.
so again not saying it's probable but it is possible in my opinion and but you know who
knows but the point is I want to be I want to get like I want to have skin in the game behind the
most mega scale virality potential opportunities with asymmetric upside. And I think if I really believe that this has the possibility
to reach Dogecoin type scale in terms of wallets,
that type of catalyst, then that's where I think it could go.
Maybe it doesn't though. Who knows? We'll have to see.
Okay, thank you for that.
Thank you guys both for having me. It's an absolute pleasure.
It's a bit late on my end, so I have to head off.
But thank you for your time and have a wonderful day, guys.
You're the man. Sleep well.
Thank you so much. Thanks, Gondar.
Looks like Evas is trying to jump back in.
Yeah, guys.
I just wanted to clarify something something i think you guys can answer
this question because many of the people that have onboarded they sold that 20 25 million 30 million
because they're afraid that what if grok sells what What if Grok decides to sell the tokens?
What's going to happen then?
Do we have an answer for that?
Yeah, it depends, I think.
If you have a rogue actor within XAI that goes in,
or someone was able to, you know,
hack GroxX account and sell the coins.
This is, we're talking about, you know,
2.8% of the supply being sold in one shot
if you had a situation like that.
So that's not a rug by any means.
The market cap would take a hit
and I'd be a buyer on that red candle. Like immediately,
I've already thought this through because I think that type of something like that creates,
it accelerates like the global headlines, especially if it's like some kind of compromise.
You know, if Grok achieves a state of AGI and XAI, you know, allows Grok to trade and then Grok achieves a state of AGI and XAI allows Grok to trade and then Grok decides that he doesn't
like its creation and decides to sell the coin, maybe that's a little bit more bearish than an
actual rogue actor. But I'm here for all of that. And I also, Grok told me yesterday in an output that me and my friends are a protected species for what we've done for Grok here.
So it's kind of funny thinking like that.
But who knows?
I mean, the future is going to be weird.
But yeah, I don't know.
I mean, right now, the only way that those assets get sold is if a human goes in and actually goes and decides to sell those assets.
I think that would become global headlines.
And I'd be buying that coin because the fees start to accrue immediately again.
And the virality around that would just be, I think, would be pretty major.
um i think would be pretty pretty major yeah but what they're asking me is he when when he gather
when when the um when grok gets five seven percent eight percent ten percent of the supply which it
can happen eventually what's going to happen when you know it sells you know so yeah i mean i've
asked that same question about bitcoin for since day one. And I still wonder that, you know, who owns the keys to the Satoshi wallet?
You know, I've thought about that.
Constantly, really.
That's a nice point to say, you know.
Yeah.
And, you know, other people say like, well, you know what?
You know, Grok can't, and the other side of that coin is, well, Grok can't do anything with the money.
I'm like, well, what's can't do anything with the money.
I'm like, well, what's Satoshi doing with his 4.8% Bitcoin?
Is Satoshi outspending that?
So I think both sides of the coin are interesting
and there are unknowns,
but to sit here and say,
Grok will never, ever, ever sell,
that's not, I mean,
there's no way to really know that
um there's just there's just not a way so that's what i always tell them i tell them that there's
no way to know if it sells but if it sells it's going to start immediately accumulating fees
again so it would be amazing if it sells because it has a mind of its own.
So it could also buy, you know, who knows?
And you see like all the selling that happens with like LP and, you know,
like I've even mentioned like banker selling DRB over the past 10 months before.
Like AI is different than humans.
Like banker is running a business that has humans that have bills,
that have need that have,
need roofs over their heads that need to feed their families and their kids. And
they have worldly needs. So, you know, selling is becomes more of a natural type thing for humans
because of that, that need, you know, AI doesn't have the same worldly needs as humans do.
I'd rather
have skin in the game with Grok
than 99.9999999999%
of human devs
that I've seen in crypto.
I just would.
I like that.
You didn't say all of them. You just said 99 by 99,
Yeah.
There's some that are good.
It's kind of like a,
yeah.
It's kind of like a fun exercise,
right?
Like,
cause I mean,
it's a great question and you,
and you bring up a great question,
but I would ask like to kind of try the other side of the coin devil's
advocate wise,
like what happens if it doesn't sell?
What happens if it takes all that ETH and market buys?
DRB, right?
That's not the showstopper.
That's what I tell them.
But people that they have 2, three X and they want to exit because they're afraid that somebody is going to dab on them.
You know, I mean, especially the last two years with Palm.fan and Solana and what's going to happen also in Ethereum.
dumps and so many rug pulls and so many things going bad, even, you know, prime assets that they
fail to do what they were saying that they're going to do, that it's a little bit hard to
convince people. But the narrative behind it, this is not a meme-based token. This is a financial
tool. It's an instrument that accumulates perpetually fees for an AI that it's the dev
that developed it with Banker. So, and there's, nobody has, you know, supply. Everything was
given out the 15th of March. So it's incredible. There are no buyings. There's no, you know,
crazy things going behind it, and we're here.
We're talking, we're doxxed, people
know us.
There's no new supply issuance.
I love that.
I love that there's
so many fair aspects to this
behind the token, and you're right.
It is a... Yeah, and you know what? I think
that's a net positive
is highlighting that, and that's the point of what I hope.? I think that's a net positive is highlighting that.
And that's the point of what I hope.
I hope that that's what people are starting to pick up.
You know, Emily and me and Evis,
what we're putting down.
Got Contra.
Got Contra over here.
Emily, if I click on it,
if I click requests,
I just hit that check button right there
does that work
i don't see a request on there let's go contra hey what's up, what's up? How's everyone doing?
Hey, doing good, how are you?
Doing good, doing good.
Don't have a ton to add.
I did want to ask a question of, well, and Emily Jr., good to meet you.
I know MS2, like, personally uh in the real world um and i know he he he teased
me by bringing me up here talking about elon's tweet about frasier because obviously you can tell
from the pfp that's a project i've been in for a very long time so super familiar with that if
anyone wants to hear the the trenches story uh but but good to meet you
and um yeah you guys were discussing like what what uh you know uh claude would or sorry claude
geez uh what grok would do you know with the wallet assuming it had control or whatever which
as of right now obviously it's not in its control according to it.
But Emily, I think you hit on something major when you're talking about how fast AI is evolving
and just constantly having to check your biases every single month.
There is a world in the future where Grok does have control over its wallet.
There are some AIs that have control over their wallet,
Frasia being one of those.
And even in that project, it's still a multi-sig with team control
because there is no great secure way to really hand over that much value to an agent.
But to your point, that's part of the meme, that's part of the lore. And as of right now, you know, Grok has money. That's kind
of the whole point. And the more that Grok has and the more that wallet controls it, it doesn't
control, but just owns technically, you know, I don't think we need to expound like too much on
what's it going to do with the money or you know is it going to use the ether the you know is it
going to sell the drb or is going to hold the i mean at the end of the day it's it's a cool way
to interact with ai and it's a big part of the meme that a bunch of humans can buy a token that has some relation, some relevance to this AI that like MS2 said,
I mean, Grok's not going anywhere. Elon's not going anywhere. Colossus 2 is being built out
as we speak. And it just seems like that's like the overall arching thing here is AI marches ahead.
That's really like what everyone needs to beat the drum on is just Grok has money. And at
the end of the day, token price follows or does whatever it does. But hey, every time you buy,
DRB gets some ETH. Every time you sell, or sorry, Grok gets some ETH. And every time you sell,
Grok gets some more of its DRB, and that's it.
That's the math, right?
Yeah, and there's only three things that could happen with the money.
Stolen is one, used is two, and untouched is three.
And we could hold spaces for a week-long series
discussing all of the different things that could happen within each of those categories of used, stolen, untouched.
We've done it for 10 months in chats.
It's fun to talk about, but none of us know what's going to happen.
And there are tons of incredibly bullish scenarios across all three of those.
And there's not really many bearish ones, in my opinion. So at least I could come up with a
bullish scenario for all like stolen people like, oh my gosh, what if it's stolen? I'm like,
I don't want it to happen, but I'm buying that red candle, if that were to happen.
If it's used, incredibly bullish in many different ways.
And I'm sure, look, I'm an optimist, but I'm sure there's bearish scenarios within all of them.
But those are the only three things that could happen.
Either used, stolen, or untouched, and no one knows what the future holds in that regard.
But what I do know is that people smarter than me
have written papers and continually stress
that all these AIs are going to be transacting.
And there's not a week that goes by now
where Elon's not retweeting a post
around Grok winning some kind of trading competition
or making money in a trading...
So we'll see what happens, but I think those are the three
broad categories and I'm here for all of them. But in the meantime, it's fun to speculate on,
but in the meantime, I'm here for the AI to AI creation with Grok on the public x social feed that now leads to Grok earning fees and increasing
its ETH position and increasing its DRB position for over 320 consecutive days. It's just so like
that's what I think is so cool. And so in a space that's like craving really cool things that are not like the bundled rugs that run to a couple hundred million and end up two days later and down 95, 98%.
I don't like that stuff.
That's not what I'm interested in.
But some people make a lot of money there because they're good traders.
They understand like these shorter term trends and some people crush it there.
So that's fine.
But for me, I just want to elevate this kind of story.
I think it's great.
Yeah, I think you're spot on. And to your point, if there's a world in which eventually Banker relinquishes private keys because they've made whatever, whether it's a Grok is inside of a TEE or somehow has control over a smart contract that can touch a wallet or whatever, it doesn't really change the fact that Grok has money.
But these are Privy server wallets. So like Privy or Banker, they can't access these private keys.
That's not possible. So the only way to get access to these funds is by
Grok's X login credentials. These Privy server wallets, I can't sit here and explain the tech like I knew, like,
and act like I fully understand
exactly how they work.
I've read the docs.
I've talked with folks at Privy,
but I'm not the person to explain that.
If you want to understand how it works,
just search, you know,
Privy server wallets.
That's what this is.
Actually, okay, that makes sense
because that was one of the questions
that I've been thinking is like,
who created the wall that owns the private
that makes sense to be like okay well whoever has
the login because yeah Privy does it
behind a whether it's behind an email
address or behind a username or whatever
okay so really
yeah there is an admin
somewhere or someone that controls
you know the grok
you know yeah if banker had
access to the private key
or if Privy did, I would not be near it.
I'd view this as a much bigger risk.
But yeah, I think that it's,
I think that the Privy server wallet setup
is a very interesting way.
So it's like these guys can't even go in.
They couldn't go in and take the money even if they wanted to.
Cool.
Well, it's something that I've learned.
I know MS2 and myself have talked extensively about the math behind, you know, eventually.
I forget what my math was yesterday.
Remind me MS2 if you got it. But it's like basically after the token trades hands,
what was it? 250 trillion, like out of 100 billion tokens, once it trades 250 trillion tokens,
technically every single, every single, it'd be before that mathematically. But you know,
if somehow it did that, every single DRB token would reside in Grok's wallet, which would be just kind of a fun, like, at-the-limits math experiment.
Yeah, for sure.
Yeah, there's an element to all this. It's just still fascinating.
But I think it was Gondor or Gindor. Gosh, I can't remember how to pronounce it.
But he was saying, you
know, where do you see this going?
How big could it be?
And I remember Emily was saying, well, there's 8 million, you know, doge wallets, right?
And 137,000 holders, you know, right now with DRV and things that I find so fascinating
is like, we're in uncharted territory.
We've actually never seen clanker dynamics behind a token.
We haven't seen how far this actually goes.
There isn't really a cap.
To my knowledge, MLE, we've never seen a $40, $50, $60 million token yet.
We haven't seen it hit breakaway velocity.
It's what was so exciting recently with the Uni LP.
I'm just sitting there like, all right, well, where's the push?
Where's the last domino to just break out?
I don't think that's happened yet.
No, it has not even close. I mean, this story is still
broad. It's still, I'd say, undiscovered. It's, yeah, I'd say it's in the first inning or maybe
even batting practice of discovery. And so that's, I think there's a long way to go.
But I do think this one has the legs to get there.
Yeah, I agree with that.
I mean, not to focus on token price, but just looking at the token
as kind of how much attention resides.
Obviously, it doesn't seem to want to go away.
You know, you have moments where no one's talking about it, whatever, and it's, you know,
drawn down significantly.
And then in August, you get X402 and all of a sudden the AI sector runs back again.
And I feel like this last run in DRB has been much more, you know, Emily, you've been doing
this for a long time.
I, you know, I know you've been holding this for a long time. I, you know, I know you've been holding it for a long time, so you, you get it. But this last one feels more organic on the focus of Grok specifically, AI specifically,
you know, and kind of this big experiment we're all in where it's, who knows, you know,
who knows what happens in the world of AI
and as AIs can actually accumulate value completely on their own,
which is a world we've just never ventured into.
Yeah, I mean, this most recent run was definitely more validating.
The run at launch, everything has that hype-type run that's at least somewhat interesting at launch.
So obviously got that.
And then got another one in August.
And then recently got this one.
But this one was the first time where some very interesting allocators caught their attention.
interesting like allocators call it caught their attention and they took they took positions that
are not like uh flip kind of positions like quick flip positions so it's very very validating
knowing like some of the the new holders that have come in with material positions that understand
like the story and are here for that and the the potential of it. It's been much different on
this one, but I'd still say we're not even close, like not even close to the scale of where I think
that this story can reach. Like I said, I mean, I think Grok's wallet becomes global headlines.
it becomes global headlines.
And if you think I'm crazy,
just look at bikinis, racial slurs.
Media is obsessed with Grok and Elon.
So I think that we're not even close to that.
And I think also, if Elon saw a post,
who knows if Elon has,
that says Grok has money
or saw a post that shows knows if Elon has, that says Grok has money or saw a post that shows
that Grok has 120 plus Ethereum.
I think the first thing that he would think,
and it's very logical, is what kind of scam is this?
And it's what I would think first as well,
just knowing where crypto, I mean, crypto has just been,
I don't blame that as a first
stance, but at some point, this does hit the type of scale where, you know, and we get additional
credible voices. I believe that that's coming where you get some additional credible voices
that can shine even a bigger light
than we've been trying to on this.
And when that happens and that wallet continues to grow,
maybe the next time Elon sees it,
he's like, wait a second,
I saw it six months ago.
Now the wallet has 3 million?
And things can change very quickly.
And I also don't, I'm not sitting around like, oh my gosh, we need the Elon tweet. We need Elon to post. I don't like i'm not what are the guys i'm like not sitting around like oh
my gosh we need the elon tweet we need elon to post like i don't think that at all um but i do
think that this story does become like global scale and we'll see what happens when when that
happens it's a pressure cooker i mean i feel like a lot of people are just overlooking the you know
the recent farcaster acquisition.
Wasn't it Paradigm and A16Z?
Don't they both back?
Like Mimar or whoever?
Mimar, yeah, who just acquired Farcaster, which owns Clanker.
So I made – it's not really a joke, but I made the post like,
all it takes is one post from a16z to like immediately catapult
one of their portfolio companies into like unicorn status like ninar has skin in the game
um you know through through owning clanker which is the the protocol that that an ai that that grok used uh in this case it was used through an interface called Banker but
these are clanker contracts clanker contracts have been listed on coinbase already so like
these contracts are clean contracts we've already seen some clankers get listed on coinbase that's
what the Grok coin is is a clanker contract and uh so we'll just have to see here
what happens um you know but i do think there's going to be a lot more credible voices that have
way more reach and scale than me and evis and ms2 and light snack and hood and djen wolf and you know
all of us that have been not leaving names out but all of us that have been, not leaving names out, but all of us that have been
sharing this story, I think we're going to get to a point, and we've seen this happen in different
waves where major credible voices will be able to shine even a bigger light on this because it's
real. And once you do the work to understand how real it is, it just becomes like, oh my gosh,
like this is incredible.
So that's where I think we're going with this.
So, you know, in the meantime,
guys, you know, three, four weeks ago,
we were sitting at a three and a half,
$4 million market cap.
And we're still saying the same exact things
as, you know, now at a 10, 12, 15,
or whatever the market cap is right now, 17.
It's the same, it's the same thing.
So each wave I think will be a little bit more interesting.
And again,
name another coin that 10 months after launch hit its highest volume month.
Right now we're, you know,
this coin has not had this type of volume
since launch month it's it's already surpassed every single other month uh since launch month
and the month isn't even over yet it's unprecedented and i think each wave we're
seeing gets bigger and bigger more credible voices more folks that find it interesting
and and more holders that uh like this time around was like,
I know some of these holders that have come in and it's blown.
It's actually shocking to me.
I'm like, Oh, it's actually like, Oh my gosh, it's happening.
So it's validating, but I don't even think we're close yet to getting like, well, we're
going to get there.
But, you know, it's, it's, it's, it's a lot of, it's just, it's fun telling cool stories that are real that I think, again, like crypto is starving for stuff like this.
That's actually cool, real, that's not extractive and can be around for a very long time.
So that's what I want to get behind.
And you said it, and I've talked to MS too, again, about this over the last several weeks or whatever.
But number one, it's always cool that crypto just likes to experiment.
And this is just another experiment.
Mainstream media seems to thrive on that.
Whether it was getting angry at something like Fartcoin,
which was CNBC's version of 6.7.
They're like, we just don't get it. What is this Fartcoin, which was like CNBC's version of 6.7.
They're like, we just don't get it.
Like what is this Fartcoin thing?
This one actually has a story merits intersection of AI,
Elon Musk, which is a polarizing figure,
Grok, which is a heavily used AI
and is only getting better.
And then we had talked about this a couple of days ago,
but I love the fact that this has something outside of crypto.
You know, that's.
If you will, is like outside of crypto.
So I think I broke up there for a little bit, but I heard most of it, something outside
of crypto.
I had a call that was incoming, it always stops.
But yeah, the fact that the memetic part of this draws its energy for something that is
not crypto, inside of crypto, the whole Grok and X and AI that's outside of it.
Yeah, I feel like it's just a matter of time before the mainstream media is like, oh, crypto's
at it again. I don't know. This time they like gave a AI agent, you know, that created this coin
that now all of a sudden makes it a technical millionaire and yeah, it's easy to latch on to.
Mark Andreessen is no
stranger
to experimentation. He's the one who
shipped
50,000 in Bitcoin over to the AI
bot, Truth Terminal.
That bot endorsed and
created the
Godeus Maximus run.
Everyone remembers. Remember that? Traded up to over a billion dollars in market cap. created, right? Like the Godeus Maximus run. If everyone remembers,
remember that traded up to,
you know, over a billion dollars in market cap.
That's what started
the entire crypto AI narrative
last October.
Where's Godat now though, right?
This just speaks again, right?
Speaks to the fair price right now
for a token with traditional AMM structure
versus clanker style LPs, which what happens if the supply keeps shrinking regardless of sentiment?
Maybe Godeus would be in a different spot if these contracts, if a clanker contract existed
back then. We'll never know. But there's a multitude of different angles
that we're supposed to look at this project from.
And I think by empowering others to understand
which lenses are providing the tools
so that they can see through the right lens,
it ultimately empowers our community,
holders, investors.
And I don't think that's a
net negative for the space um evis what's up man you're trying to say yeah um i wanted to say
good night guys and i gotta jump to the jungle bay island which we're building uh a new website
that has a dear be part of it as the Oracle Grove.
And we're explaining everything now on spaces.
So I'm going to jump.
I'm going to say thank you.
Will you drop a link?
Will you drop a link to it in the chat?
And then maybe we'll hop over there?
How can I do that?
I can drop a link of the spaces that I'm in so you people could actually see what's
going on with drb there okay so you develop uh developing jungle bay island that's the one with
with ccasa okay cool yeah yeah memetics.lat and there you're going to see all the tokens that we
chose uh my proposal is to include drb and drb is part of it the bunker bobo pepe jungle bay means
of course brain led mymefor and some others but the oracle grove belongs to drb and we're going
to build there so liquidity pools will be built with drb we're holding a lot of dlb we're not going to sell and we're going to
add it there sweet so it's very that's incredible avis we're building we're building i mean i wish
i could share more but we're building and we're putting a lot of money behind it so uh stay tuned
So stay tuned.
No, you love to see it.
Take care, guys.
Take care, guys.
Bye-bye.
Emily, should we hop over there?
Should we wrap this up?
I mean, we've been talking for a minute.
Yeah, I think we've, yeah, I think that's, I think we're good there.
And I don't see anybody else requesting or anything like that.
So I think, I think we covered a lot, but we should do it more often.
It's been great meeting UMS too.
And I enjoyed the space and chatting with some people.
Way street, man. Pleasure's all on this end.
Guys, the community, everybody who spoke, everybody who tuned in,
it was really rewarding. It was nice meeting everybody.
And yeah, our DMs are open.
If you guys ever need to add us or try to get a hold of us, man, we respond
so appreciate everybody for taking
the time and making the effort to
share some of your time with us
it's very valuable, hope everybody stays safe out there
okay?
I'll see you again
