ETHSCRIPTIONS INCOMING?! ☀️☕️ Gm Web3 Morning Show Ep325

Recorded: Jan. 25, 2024 Duration: 1:05:39

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Snippets

what's good
what's up
sarah's script
we got diamonds minting
I picked up several
I think I got three yesterday
I got three diamonds
some beautiful work
over there on base
what's up quantum variant
great to see you in here
bright and early
gonna go on down there and give the show
drop some emojis
some eggplants
some diamonds down there in the comments
whatever feels good
on a Thursday
it's hashtag Thursday
Thursday fam
last show of the week
it's gonna be awesome
how's it going snaps
you there
that's how we say it now
that's how we say it now
and, seriously
we're excited to have you here to educate us
a little on eascriptions today
talk about Nakamingo's
yeah speaking of sarah's script
she made a
Nakamingo's banner for us
that I have yet to
support I should
change that up right now
yeah you should
heck yeah you should
let's get Q as co-host invite
yeah share out the space
It's going to be an awesome last show of the week.
We just got off of say what in the morning with the crew.
Awesome new show on the web3 network.
Absolutely killing it.
Say, is this spot right now?
And then I don't know, we'll learn more about e-scriptions.
Maybe that's also the spot, who knows?
We're going to find out more about that today.
It's going to be great.
And then of course we'll cover off
on the latest and greatest headlines, breaking news,
other cool stories happening all around the web3 space
like we do, because this is GM web3, the greatest morning
show that was ever created by anybody
in any time period or era of history.
And yeah, I'm gifted, Goku of Ethereum, also now
Goku of Sei.
I'm just going to go ahead and claim that.
Joined by some of our favorite co-host contributors already.
What's up, Sarah?
GM, thanks for having me.
Yeah, well, I mean, yeah, normally you're not invited,
so I guess it's a special occasion.
Yeah, I wanted to come up and talk about my diamonds,
but I can wait.
Why wait?
Yeah, I want to hear about your diamond.
But it's not married, Sarah?
It has to be like in a full story, like prose.
I want to hear the origin, the backstory.
I want to really feel something here, Sarah.
Once upon a time, there was a, have you?
Let me just talk about base and L2s and Nifty Kit.
So I was honored to be asked by Jessica
to help them promote that base is now on Nifty Kit.
So you can mint NFTs with base, which
is a layer 2 to Ethereum on Nifty Kit, which
is like a tool that you can, I mean, if you've done it,
you minted coffins on Nifty Kit.
It's very easy to use.
And so I was kind of stoked to help
promote their diamond smart contract
with these blue diamonds NFTs.
It's $1.50 to mint on base.
And yeah, and then they're animated as well.
So it's like this animated calligraphic diamond.
I don't know how good of a job I'm doing.
I can pin it to the top of explaining it.
But yeah, it's basically to promote people
to use L2s, because they're much more affordable
and easy for the lay person to use,
which I think is how we're going to onboard more people.
Yes, the lay people.
Or people like me, who have a hard time.
I don't know, understanding Ethereum at first was very weird.
We all know L2s were developed for the lay people.
So if you're a lay person, you now
have an awesome new project.
I know I'm giving you a hard time.
Thank you for at least pretending to almost half ass
into a story there.
But no, you gave us the real information.
I was not expecting to tell you a story.
That's what happens on this show.
I was listening to the history of the Hope Diamond this week
to kind of get into some artistic inspiration.
And that thing has an interesting history,
if you ever want to dive into it.
All right, well, I picked up three of them.
I'm very excited.
And yes, we love Nifty Kit.
Love that they're on base already.
Very bullish on base.
I think it's cool that you are getting over there early,
doing some creative, innovative things.
So yes, get some diamonds.
I know it's open source.
Sorry, not open source.
Biggie's making noises.
He's throwing me off my game over here.
I know it's an open mint for right now.
Is it going to close at a certain date?
Or you're just going to fucking leave that shit open forever?
What's the plan here?
It closes on January 28.
All right, there you go.
You got a couple of days to get your diamonds.
And then I know that these diamonds
are going to turn into gems.
And then those gems will turn into points.
And at some point, the points will be converted to po-apps
so that the po-apps can then have a utility function where
you can claim a fidgetle bike.
And then that bike is going to take you down.
Please don't say fidgetle.
Fidgetle's so much better than digital physical.
Whatever.
We're not going to start up this nonsense.
No, no, this is not how we start the show.
Sir, this is not your show.
Nitti keeps confused.
He's got his own morning show on Spaces now.
He's got his own morning show on Spaces now.
He's killing it over there and say what.
Now he's coming in here, telling us how to run things.
All right.
All right, settle down, everybody.
Welcome to GM Web 3.
Holy heck, we got an awesome crew here
for the last show of the week.
It's hashtag Thirst Trap Thursday.
And we've got Jessica Yatrowski with us.
So you know it's going to be a good day.
That's right.
The thirst trapping queen of the kingdom herself
is in our presence.
I don't have my sound board, but I
wish I had like a ha-ha-ha-ha-ha.
Just imagine that sort of sound.
Anyway, we've got also a very special guest,
Snapsid, who's going to talk about e-scriptions
and Naka Mingos, which is a very interesting pixel project
that he's been working on.
And I believe his first project, so it's special.
He's from the community.
He's one of us, and we like that.
We support that.
We fuck with that.
So I know it's been an interesting journey there,
and I'm excited to hear more about it.
So lean in.
Get on the edge of your seats, fam.
Go on down there and do the thing with the thumbs.
Doesn't cost you anything, but it means a lot.
Share out the space.
Let's get some more friends in here,
support the community, support the fam,
support these awesome artists and creators
with the easiest, most low-hanging fruit
way that doesn't, again, cost anything just by sharing out
the room, getting some friends in here.
Because we're going to have a great time.
And you know what?
Nothing feels better on a Thursday morning other
than sharing cool shit on your timeline with your friends.
So let's get into it.
Shout out my awesome co-hosts and contributors
who are already here.
We've got NiftyQ.
We've got Biggy Poppins.
Fresh off a say what?
Do you want to say a couple of words about the sayings
and what the say is happening on say real quick?
Who are you directing to that?
Well, if you're bringing it up, then I just
got to say that getting naked is the best way.
Biggy's like a walking NSFW these days.
John McDowell.
He's proud.
He's proud and naked.
And that's OK.
I've always been naked.
It's just that they made it cool to just say it.
And it's OK.
I've come to realize it's OK.
Walking around in your birthday suit, as God intended,
is the natural way.
The French know best gift.
He's like, there's always been a naked Yeti inside of me.
And then I found my community.
It's beautiful.
It's a beautiful story.
As a bird that is naked but is built out
of steel, finally, a place that embraces my ethos.
All right, Q, you got anything?
And yes, I'm giving you a hard time.
But yeah, Q's been doing an awesome job starting up
a new morning show on the network.
I truly do not have anything.
It's been a new process, doing these back to back to back now.
So I'm just exhausted.
I'll figure it out on the way and figure out the right
process to get all the stories and make sure
that YouTube's ready and make sure we're hosting shows.
This is his first week doing this, ladies and degenerates.
Y'all, throw up some hearts.
Throw up some love.
Give Nifty Q some positive vibes and energy,
because you can just hear it.
He made it to Thursday.
But I don't know if he's going to make it to Friday.
We're now doing NFT Live over on YouTube on Friday, too.
I just don't know if he's going to make it.
He sounds like he needs about a solid two to three days of bed
rest at this point.
So yes, send him your positive vibes and positive energy,
because clearly, my man needs the support, needs the love.
And that's OK.
We're here for it.
But all right, y'all, this is the new time, the new format
for GM Web 3.
So we're sticking to an hour.
We've got to jam pack a bunch of great info into it.
So we're having fun up front, because it's fucking Thursday.
This is when the mullet reverses.
It's party in the front, business in the back sometimes
here on a Thursday, and that's fine.
But we will, of course, get into the news and headlines.
But we do have a special guest here,
so I want to lead out with this.
We're going to spend at least 10 to 15 minutes at least
talking about e-scriptions.
We do our best to keep people educated
on what's happening in the space, any new innovations.
And e-scriptions are part of that right now.
It's innovating crypto art on the Ethereum blockchain,
and that's about all I know, other than there's
some kind of inscription happening with it on Ethereum.
And I know that it's a new thing that
has some people very excited.
I know that it followed after Bitcoin inscriptions
and ordinals, of course.
And now people are figuring out, hey,
you can do something similar on Ethereum as well.
My understanding, Snaps, as I bring you in here,
is that this is a way to make sure the art is fully
on chain by inscribing it onto the ethers.
I don't know.
Onto the SATs.
I mean, yeah, we don't have SATs over here, but you're on the.
The gway.
The gway.
This is the gway.
It's actually very similar to when
you send a Venmo transaction to somebody,
you've got that notes area.
We have had that technology on Ethereum for at least since
2016, but I'm pretty sure it's been around
since Ethereum was a thing.
And people have been using it to communicate with each other.
Hackers have been using it to communicate with the people
that they hacked to try and get a bounty.
That's actually such a good recent story.
A callback is that recently there
was a massive, massive hack for millions of millions of dollars.
I don't remember exactly how much or who it was.
I don't know, Q, if you remember.
We definitely covered it.
And the hacker, the person who exploited them
after he stole the money basically
sent the message via blockchain.
It was like, all right, I'm tired.
I'm going to take a nap now, and then I'll
tell you what I want you to do.
And he was documenting his back and forth of like, all right,
I think I'm going to sleep for a little bit.
Then I'll come back, and I'll tell you
what hoops I want you to jump through if you ever
want to get your money back.
And it's like ransom notes on chain.
Yeah, it's pretty cool tech.
So yeah, there's a setting in MetaMask that you can enable
and do this manually, basically.
You would take text or image data, any data really, any file,
and you convert it to base64, and then you hex it.
And then you put it into this box on your confirmation screen
on MetaMask, and you hit send on a zero ETH transaction.
It doesn't have to be zero ETH.
You can send ETH and inscribe something at the same time.
But once you do that, then it's logged
in the call data area of an Ethereum transaction
and is forever stored on the blockchain.
It's immutable, uncensorable, decentralized.
Yeah, I couldn't answer more.
Since I got into NFTs, I've been really into on-chain stuff.
And since ETHscriptions came around
and Ethereum is like my home blockchain,
I was all over it.
And so are you converting the pixel art files into like SVGs
or a certain format that you can then store in that message?
Like, yeah, what is that step here?
So you're obviously, you've done a lot of work,
the artistry of creating these pixel art flamingos,
but then you have to convert them into something
that can be stored in this way.
Yeah, it doesn't have to be SVGs.
It can be bitmaps, JPEGs, animated GIFs, really any file
type you can convert into Base64, which
is just like a longer way of reading the data.
So it adds a little bit of space when you convert it.
But then you take that and you hex it,
and then you can put it into this call data area
and send it.
The thing that makes ETHscriptions unique
is we use a data URI before the information of the file.
And that is what the indexers that
have been built for this technology only seven months ago.
Like, this is very new, what we're doing here,
as far as using it to trade JPEGs
and collect art, like on-chain art.
Yeah, and that's what we're talking about,
because it's innovation.
It's interesting.
I've heard kind of both sides of the story of this.
I've heard some people saying, oh, ETHscriptions,
they're just like some kind of new gimmick
to FOMO people into the latest sort of junk toy.
And then I've heard people like yourself
who truly believe that this is a really, really fascinating
new use case of the technology.
What would you say to people who think that ETHscriptions
is not really a super interesting innovation
and sort of just like a gimmick?
I feel like if it was a gimmick,
then the data wouldn't actually be
stored on the Ethereum virtual machine.
Like, it's definitely not a gimmick.
Like, we are putting information forever
on the Ethereum blockchain.
It's not going nowhere.
And with the art specifically, right?
I mean, that to me is the most interesting thing,
because a lot like even fucking Daddy Ewan, even Ewan's like,
yeah, NFTs are dumb because most of the art isn't even on chain.
So it's really, yeah.
That's why I'm bullish is because, yeah, most NFTs,
they let us put high resolution art for sale.
But, yeah, the hosting is all IPFS or Arweave or Amazon
servers, and those are all centralized platforms
and companies that are open to censoring whatever's
on their servers or going down.
Like, we can't rely on them to keep that server up
that has that information on it, where Ethereum is probably
not going anywhere for a while.
It would take a lot to take Ethereum down.
And if that's the case, then it would take a lot
for my Naka Mingos to disappear.
So tell us a little bit about the creative process here.
Again, we're going to spend a couple more minutes talking
about Naka Mingos, this project that you've got,
which again, you all can check out is up here.
And he's rocking it as his PFP, some neat pixel art
for Mingos.
So tell us a little bit about the creative process
before we talk about the logistics of eventing
and all the stuff that's going on with that.
What was this process like?
I know it probably took you at least months.
I know how much work goes into creating generative art
projects.
So what was your creative process like for these?
And why Flamingos?
Was it just because you hadn't seen it done
and it rhymed with Naka Mingos?
Or what, yeah, tell us about it.
So I started with Flamingos and Flamingos and Naka Mingos.
And they were prophesized.
Like people have been misspelling Naka Mingos.
There's this OG NFT project called Naka Mingos.
And Naka Mingos is a tribute to that, an homage.
And I wanted to do something fun.
And I thought it'd be fun to make Flamingo Naka Mingos
introduce some new traits that are more fun to me
than what was available, but also like, yeah,
still pay tribute.
It was a lot of work.
Pixel art, generative pixel art is a lot,
especially when you are introducing different body shapes.
Like we don't just have Flamingos.
We've got salamanders and alligators
and floating Flamingo heads with thrusters underneath them.
Oh my God.
Yeah, it was a lot of fun.
There's an amazing amount of fixing layers
that my devs are probably, you know,
tired of applying to their script.
We built our own art generation script.
Ben, my dev.
Custom platform, yeah, custom platform.
And so is that specifically because the e-scription infra,
like it's because it's a new thing.
There's just not like a nifty kit or whatever
for e-scriptions right now.
No, that was because we wanted to make it
so that Naka-Migo, OG Naka-Migos collectors
could clone their Naka-Migos into a Naka-Mingo.
That's actually one of the cooler things about this,
I think, and that's actually how I was able
to at least try and get one.
You know, we'll talk about how the sort of initial launch
went here in a second.
But yes, as part of the homage to the Naka-Migos,
Naka-Migos allow people to actually clone
their Naka-Migos into a Flamingo.
So it's like, I guess you have,
you've actually created one of one, one-to-one traits
or at least mapped all the Naka-Migos traits
to another Naka-Mingo trait.
That's correct.
Some traits didn't translate,
and I got to be creative on what to substitute them for.
Like there's an R&B vest and the Flamingos don't have arms.
Like if you get a naked Naka-Mingo,
it's just a neck that goes off the screen
because Flamingos have long necks.
So the R&B vest wouldn't work.
I swapped that out for a pretty fly tuxedo.
And there's a lot of other traits
that we got to have fun with in the translation process.
The reason for building our own art generator
was Hashlips and Bueno and these other platforms
didn't have a way for us to specify what we wanted built.
And Ben actually went onto OpenSea's API,
scraped the Naka-Migos collection
of all the trait categories, trait types, rarity.
And we applied that to our art generator
to create 20,000 clones.
We wanted to make sure that anybody that had a Naka-Migo
could come and claim their clone.
But then we also wanted to open it up
to people that didn't have Naka-Migos.
So we also generated 20,000 random Naka-Migos
with some extra custom traits.
And basically we have two pots that are getting pulled from.
And once we hit the supply cap of 20K,
there won't be any more randoms
and there won't be any more clones.
So it'll be interesting.
So we're getting pretty into the weeds here.
I want to pull this back out a little bit,
but the point to me is this is a tremendous undertaking.
It's an extremely ambitious first project
and there's a lot of cool facets to it.
We do have a new friend, Drew Roberts, up here.
Do you have a question?
Yeah, I've been geeking out into Naka-Migos
and been in e-scriptions for a little while,
just putting all types of graffiti on the damn blockchain.
I'm just fascinated by e-scriptions in general
and there's huge opportunity this bull run.
So not really a question, I guess.
I was just going to try to chime in
and add to the discussion.
All right, we allowed that here.
Appreciate you being here.
And ladies and degenerates,
we are just getting into an awesome conversation here
about e-scriptions and Naka-Migos for another few minutes
before we pivot and segue and shift
and shimmy our way into the headlines
and the news of what's popping off today.
But our special guest is Snepsuit,
who's been working very hard on an amazing
e-scriptions project called Naka-Migos.
So that's what we're talking about right now.
If you haven't already shared out the space,
if you're hearing my voice, why not?
Take a moment, we'll wait.
We got all the time in the world.
There's nothing happening here.
I don't know if Penguin is requesting to speak,
but he is my best friend of like 20 years
and also our smart contract dev
and might have some things to say about the project.
I don't see a request, but they're welcome
to come up here, of course.
Okay, cool.
So yeah, let's now move into the actual mint logistics.
I know there was kind of like a start and a stop
a little bit again.
This is a tremendously ambitious project.
You get a lot of credit from me as a multiple time founder
who's been working for the last three years
to watch and create and innovate.
I know exactly how hard it can be to watch these projects.
So yeah, where is it at?
I know that initially there was some issues
with people minting and I think it had to be paused.
Yeah, in your own words, where's it at?
What's been happening behind the scenes
as much as you can tell us?
Well, right now we've sold 13,609 Naka Mingos
and there's a 20K supply.
So it's going well despite all the hiccups.
I think Penguin would be a good person
to talk about our pause and what that was caused by.
That was caused by like,
basically there's no smart contract with e-scriptions.
Each e-scription is a unique digital artifact
on the Ethereum blockchain.
And as such requires like a lot of logging
and I'm going to give it up to Penguin.
Sure, yeah, so our smart contract
just handles the transfer of money
and determining which token ID people get
so we can replay and recreate the entire thing on chain.
And our inscriber service actually does
the writing of data to people based on the logs
that it reads from on chain.
So due to the async nature of things
the inscribing service was running
and it picked up an extra artifact data URI
in the first run.
So when we stopped it, it had basically two reading heads
and so we started it again after we noticed the async issue
and since then there hasn't been any issues
but just to kind of fully understand and diagnose everything
we left it to clone so we could understand what happened.
So there was about 16, 1700 in that first run
that we were impacted by the async issue.
And so the metadata had a little bit of changes in it
and that we weren't expecting.
And so yeah, SNEP has a plan to kind of change
and fix some of those that we went through.
So thank you for explaining that.
Again, it's tough when we're having these technical
conversations to not go too far into the weeds
while still getting the answers
but I got the majority of that
and I am trying to make this my first e-th scription.
So I tried to get my clone.
I have no idea what's happened beyond that.
So as a first time e-th scription person
maybe you can just explain for those who are like new
how it actually works to collect these
and yeah, is it like a separate wallet
because it's like not on a normal smart contract?
Yeah, so go ahead.
No, you go ahead or actually
our other dev band is up here now.
We got a whole flock.
Yeah, we're flocking around.
Yeah, Ben, you wanna say a piece?
Hey, what's up guys?
I don't exactly know what was said before I got here.
So I don't wanna rehash too much of it
but yeah, no, it sounds like you guys were explaining
what happened during our minting process when I jumped in.
No, we were gonna talk about
like new people to e-scriptions.
Like basically, yeah, you're not gonna see these on OpenSea
and other major marketplaces are lagging on this tech.
To view your e-scriptions,
there is a e-scriptions indexer
and you can see your unique digital artifacts
on e-scriptions.com.
They also have a marketplace there
and then the premier marketplace
that a lot of volume is going through is ordex.io.
So yeah, if you haven't been able to see
you're not comingos yet gifted,
you would wanna check there.
All right, cool.
I'm gonna try and check that while we're live.
We'll see how far I can get while running the show
but hopefully that means if I cloned mine properly
that I have one and then that would be
my first e-scriptions.
It's pretty exciting to me.
Yeah, like what's next, right?
So like let's round down this part of the show
and get into some news.
Also again, if any of our amazing coz and contributors
have any questions that they wanna get in here
before we move on, feel free to get those.
I do wanna make sure in the next five minutes or so
that we're moving on.
But I see you've pinned up top public sale info.
Just walk us briefly through anybody who again,
I think a lot of people are still new to e-scriptions.
So just how do they get in on this
if they want to be a knocka mingo,
if they want this to be an e-scription that they collect,
what do they do?
Well, you go to knockamingos.io
and you hit the mint button
and that'll take you to our minting app
where there's different options.
One of them is the cloning chamber
where you can, if you have a knocka mingo
or even if you have a friend with a knocka mingo,
we designed it so that you could mint one for yourself
or mint one for a friend.
The clones will only ever go into the wallet
that held the knocka mingo to begin with.
And then on the other side of things,
if you aren't a holder,
you can collect random knocka mingos and-
Yo, I found it.
I got one. Nice.
Yes. Nice.
Isn't it the first time you've seen it?
Yeah, hell yeah.
I'm gonna post it in a second so I can pin it up top.
Y'all can check out my first e-scription.
Very cool, very cool.
And then yeah, like if you're looking
for other projects,
ordex.io is a great marketplace
that is adding features all the time
and everybody's go-to.
Yeah, we love Ordex.
Right on.
Again, feel free to pin AO's resources
as we do our best to try and educate and onboard
and get people a little bit more familiar
with the e-scriptions.
So thank you for helping us learn
about this exciting new innovation
on Ethereum and crypto art over there.
We do have some other friends up here,
but yeah, give knocka mingos a look.
Give Sneps some love.
Again, it's a tremendous undertaking.
Again, if nothing else, man,
like the way that you've been handling it,
because I was in that room,
when you're realizing there's an issue there
that you're trying to deal with
and you've been handling it very well,
there's a lot of people in the space
who are not legitimate,
who would just disappear whenever something goes wrong,
but y'all have been tackling it and fixing it
and it looks like this project's gonna keep going
and looks like a lot of people are loving it.
So yeah, it's a huge deal, man,
and I think you deserve a lot of credit for that.
Duby, go ahead.
Oh, Jim, everybody, Jim, Jim.
I just wanted to throw something out there.
I mean, you can see your e-scription
through e-scription or through Etherscan.
If you just go to the transaction,
it looks like a zero-eath transaction,
and you can actually see that transaction
and then go into the call data
and put it into a, what's it called?
Converter.
Yeah, you can convert Base64
or translate it back into an image.
Yeah, so basically that's what these marketplaces do
is they convert that Base64 back into an image
and kind of index it for us to keep it all together.
So it's not gonna go anywhere.
Like, I just wanted to stress that.
Like, it's definitely in the chain
and there's nothing nobody can do about it, so.
Right on, right on.
That's all we need to say.
Yeah, man, I appreciate you for coming up and sharing that.
And all right, I'm gonna pin up top.
Yeah, my Nakamingo, I'm loving it.
It does look very similar to my Nakamingo,
so it matches.
Got twins.
Glad blocking, though.
Yeah, man.
All right, any last questions for Snap's
or the Nakamingo's before we move on
to other happenings and other things?
I wanna give a chance.
I've been hogging the mic like I do
whenever I've got an awesome guest.
I'm just trying to get through awesome questions.
Everything on my mind, but Biggie,
are you got anything?
I know you usually got something, man.
Well, first of all, I love the look
of these Nakamingo's, man.
They look really cool.
I'm curious.
I don't know, man.
Like, I guess my speculative D-Gen art side is like,
dude, I wanna kinda troll the Flamingo Dow with these,
you know, like, I think maybe you should consider
sending one to the wallet, like just unasked and shit.
But they're really cool, dude, congrats.
Like, they're really nice looking.
I definitely want one.
Sending one to what wallet?
Flamingo Dow.
So Flamingo Dow's like one of the biggest,
most famous Dows, so that could be funny.
They've got like one of the most valuable NFT wallets
out there, probably.
Yeah, we were memeing them quite a bit
when they were getting a lot of activity.
I was getting in their comments
and putting Flamingos all over the place.
So I noticed when I try and save the image
over here on eathscriptions.com
that it's just like a tiny, tiny image.
What's the best way to actually find the artwork?
That's right.
That's right.
That is the artwork, you know, pixel art.
So you just have to, like, but is there an up-resor
or do you have to up-res it yourself then?
I guess is the question.
Yeah, yeah, there's some tools out there
that will let you do that.
You can just do a Google search for pixel art upscaler
and run it through that.
And yeah, the thing with pixel art
is it's infinitely scalable.
You know, you're not gonna lose resolution.
Most social media platforms will want to use
an interpolation algorithm to smooth out the pixels
because they're expecting people to be sharing photos mostly
or high resolution artwork.
Pixel art is not that.
So yeah, you get to upscale it
if you want to share it around.
All right, yeah, thanks for coming through, man.
And again, you know, just giving you your flowers,
your props, it's not an easy thing to do.
And it seems like you're doing a great job with it, man.
And I'm excited.
I got my first e-description.
Got my first ORDEs this week too, bro.
I got some Bitcoin puppets earlier,
which I haven't checked on them today,
but they were actually doing pretty well.
Snaps, you know, as a segue,
are you also, since you like inscribing things,
are you also bullish on ORDINALS
or are you sticking to Ethereum inscriptions right now?
I am bullish on ORDINALS.
I am more bullish on e-scriptions
because I feel like Ethereum is a more transactional blockchain
than Bitcoin.
And the cost to get data onto the EVM
through e-scriptions is like at least 10 times less.
And then the other cool thing is transfer,
or like interacting with these things,
the gas fee is insanely low.
Like I can transfer 50 e-scriptions for a dollar.
I can sell e-scriptions,
like the marketplaces require you to escrow the artifacts
and that costs like a few bucks in gas.
So I'm bullish on the cost.
All right, all right, love it, good info.
Dubey, quick thoughts here
and then yeah, we're gonna move into other headlines, go ahead.
Yeah, I had a real quick thought on that
because the way I see e-scriptions
is it solves an issue with Ethereum.
I'm not sure of what issue ORDINALS solve with Bitcoin,
but e-scriptions and the way they're building this facet
and all that, I'm not sure if you're familiar with it,
but this all solves issues with Ethereum
and its scalability and the issues with gas
and like it's just all around good for the chain.
So that's the major difference I see,
but I also wanted to ask you,
when did you get your puppet?
I got them right before they really started running
because I was watching the early volume pickup
and I was watching them for a while.
So I got them around like 0.02829.
Well, you might have one of those room things
in your wallet as well.
No, I got it right after, unfortunately.
Yeah, I wish, yeah, yeah, I wish, man.
No, I know, I was still playing ORDINALS too much.
I still played it a little bit too long.
But anyway, ladies and degenerates,
again, this is GM Web 3.
We've just been talking with SNEPs
and the Nakamingos here.
If you wanna check those out,
it looks like you can still get them, but over 13,000,
that's a lot made, man, that's huge.
So congratulations on that.
If you wanna check,
can people still clone their Nakamigos?
Is that still open if people haven't done that?
Yep, cloning and randoms are open for minting.
There you go, you can still clone your Nakamingo.
It is very affordable and pretty cool.
I just shared mine up top
if you wanna see what my Nakamigo
would look like as a flamingo.
I know you've all wondered.
I know you've all stayed up at night
wondering exactly that.
Well, now you can see, congratulations.
And anyway, yeah, sorry, SNEPs,
did you have something you wanna throw in there?
No, I wanted to thank you for having us.
And yeah, check out e-scriptions and Nakamigos.
And your clone looks fly as fuck.
You got the gold beak because you had a gold grill.
He's got the beard and the shirt and the hat,
just like your Nakamigo did.
Yeah, buddy, looking amazing.
Let's go.
We do have a link for NFT Live pinned up top.
If you don't know what it is, fam,
we do this show four days a week,
Monday through Thursday here on the Xspaces.
And then, ladies and degenerates,
we jump straight over to YouTube
and keep the awesome conversation rolling
with more awesome guests, more amazing alpha,
on our tent pole, live YouTube show.
It's called NFT Live.
It's the longest running show in all of NFTs
in web three, and that's not a joke.
That's not hyperbole, no cap as they say.
It is actually the longest running show.
And we've been having a great time over there,
zigging while everybody else is zagging,
finding where the puck's going first.
And that's how we got into say over a month ago over there.
So again, if you're missing out
on what web three network's doing here,
providing the highest quality editorial entertaining
and educational content, all web three,
you might wanna tap in on that bright yellow sun up top
and subscribe to the web three YouTube
and come hang out with us over on NFT Live.
And that link is pinned up top in the Xbox right now.
Go give it some love and come hang out with us over there
here in a couple minutes,
but we're gonna hit some more headlines and stuff
before we wrap up this show,
because there's other stuff happening
other than Naka Mingos as well today.
Jessica's here.
There's Diamonds Minting.
We mentioned that up front.
Sarah Scripps was in here gracing the stage,
but now we got Jess.
What's up?
Oh, you mean like, oh, the other woman.
That's me.
No, the other woman's mo actually, but wow.
Wait, you have three women.
Oh my God.
Why does everything have to be about gender?
20% of the web three states.
I'm saying, you know, you get to take your pick.
You know, you've got three women at your disposal.
Robastic side-eye.
Criminal offensive side-eye.
Do you understand?
Well, the other woman's not here.
So here I am.
Yeah, we're really settling.
Yeah, seriously.
Bottom of the barrel with me.
I was gonna say I'm coming on NFT live
and Q, I sent notes.
Is he here?
Where is he?
Is he in the room?
Wait, can you not hear me?
He's daubed up.
Daubed up.
You're wearing a different outfit.
My cream on cream with the orange beanie.
Oh, shit.
I didn't notice you without your PFP.
My man's daubed up.
Yeah, put some respect on his daub.
No, I like it.
I love this color palette.
I'm all about it.
It's very complimentary.
I miss my ownie.
I do miss my ownie.
It's actually, no, Jess, I'm glad that you brought this up
because it's actually gonna be absolutely wild.
You think it gets wild here on Thirst Trap Thursday
on GM web three.
It's gonna get buck naked wild over there on NFT live
because not only is Jess coming,
I think DP is also coming.
I think we got a six box queue.
Are you gonna be able to manage that on no sleep?
But wait, wait, that's why I sent him notes
so I could get in, get out, you know?
I only need like, you know, I don't,
I don't need a lot of time, you know?
Drive by?
She's just trying to hit and drive by?
She's just trying to give us the old in out,
the old in out, in out, wow.
I don't have high expectations.
Four inches is fine.
20 minutes is enough.
Like I'm just, it's all good.
Cheap date.
No, that's the show for you then.
All right, Restream, we'll see what happens.
I mean, they might give us a call and be like,
listen, you guys got too many on this live show,
but we'll see.
I told the people that we talk about other news.
I don't think this is what they were expecting.
Well, I was just gonna say GM
and you know, shout out to Naka Mingos.
I think they're super cute.
I love flamingos.
So I'm really happy about the project.
I'm super excited about the diamonds minting
and you guys have that pinned up top.
So shout out to Sarah, shout out to the Niftykit team.
We're very, very excited about the base Niftykit integration.
I am too.
I might be doing something with it
just because I love being early on these chains
that I think have a lot of potential.
And that's again, why we've been all over say.
We're deeply embedding into say
and I really love what's happening there.
I think, you know, base is the other one
that we've been talking a lot about.
It is liquidity adjacent is a good way of putting it.
And, you know, we just keep thinking that Coinbase
is gonna invest heavily in the success of base over there.
NiftyQ, my guy, let's get you in here and then Dubey.
Thanks for being patient.
We'll see what you got.
Yes, sir.
I know we want to get the show back on the rails here
when it comes to topics.
What show?
That was an actually good segue with base.
So we got into base probably before say,
like honestly, the narrative sold me a little bit more.
I thought, you know, hey, Coinbase is gonna throw their weight
behind a lot of these projects.
One of the meme tokens, I paper handed early,
me and one of the community members
that's in the Telegram chat,
like we just faded what's called Thank You BaseGod,
which is a meme token off of Brian Armstrong,
who obviously is the founder of Coinbase,
obviously Toshi, Mochi, all that stuff.
But yeah, Thank You BaseGod's gone like 10, 15X
since we were kind of paper handing it.
I got a 2X off of it.
But anyways, the thing that I'm trying to bring up here
is give you've been mentioning a couple of times
that the tailwind for base
and it's specifically base meme coins or base projects
is that they'll eventually get listed on Coinbase
where the public can then buy them.
And we saw that for the first time last night
with Aerodrum, which is the DEX on base right now,
they got the Coinbase listing or at least it's upcoming.
So yeah, that's a thesis playing out.
You have, yeah.
And another way to put that is that you've got
some of the best possible distribution built in to this L2.
That's like the most simple way to put it,
is that most L2s that are like startups or like brand new
that don't have this monstrosity backing it up
that it's associated with, they're fighting for attention.
They're constantly having to market themselves.
You have this giant distribution platform,
not to mention liquidity platform.
Like, yeah, anyway, it's hard for me to see how base is
in just like an obvious fucking play right now.
By the way, quick note, I should have said this upfront,
apologies for not getting to this.
This is one of the most important things
that you can know about.
We had Tiny Dinos, actually, excuse me,
On Chain Tiny Dinos, the based On Chain Dinos.
Since we're talking about base,
that's probably why it got me thinking about it.
We had them on yesterday, it was an amazing show.
I think there was like over a thousand listens
on that show, like it was crazy.
It was a thousand listens.
Shout out Apex Ether, who's graciously donating
one of those based dinos.
It's one of the first, you know,
we've been talking about e-scriptions and On Chain Art
and why that's valuable and interesting.
This is one of the first, if not the first,
but it might be like the second On Chain NFT.
It might be the first PFP, I don't even know,
but it's one of the first On Chain NFT projects
on the entire base blockchain and we're giving one away.
It's pinned up top.
All you gotta do is follow them, follow web three
and like and repost and do the things in the post,
but we're giving that away today.
That's right.
We're only running it for 24 hours.
So if you want to win potentially one of the first
On Chain NFTs on the base blockchain,
we are giving that away up top.
Check that out.
Duby, thanks for being patient.
Go ahead.
Yes, sir.
I was just wondering, are y'all gonna do that?
Same thing y'all did last year at East Ember?
Oh, fuck.
Man, what?
No, I'm not going then.
Yeah, fuck.
Yeah, who needs to go?
If web three is not doing the web three labs
at the marijuana mansion for a four,
what was it, five day house party, whatever we did?
Yeah, it's not worth it.
Not gonna make it.
I'm definitely not going, definitely not going now.
I appreciate it.
Yeah, actually Penguin, Ben and I are gonna be going
and speaking at East Denver about e-scriptions
and Nakamingos.
That's amazing.
Congrats.
But no, it won't be the same without us there.
That's for sure.
Yeah, thanks for that one, Duby.
But no, that's awesome.
All right, let's talk about other things here
in the last final minutes.
We got about 10 minutes left.
Apparently Solana is launching token extensions.
We can maybe talk about that.
The SEC has delayed BlackRock's spot Ethereum ETF.
Who would have seen that coming?
Pretty sure they're gonna do the same thing they did
with Bitcoin and just delay, delay, delay
until they can't anymore.
Isn't the cutoff in like April or May?
Do you know Q?
I know we've been talking about it.
I have not been following the Ethereum ETF.
I just assume that it's eventually gonna happen
and I set my time horizon a little bit longer.
So that's, I don't care when it gets called
because I'm not making any of those like futures
or any type of options calls on that date
or anything like that.
So I just assume it's gonna get approved.
Yup, Cappies is a fun one that I got pinned up there
that maybe we can talk about, maybe we pivot.
There's actually not that much happening on Ethereum.
Other than, we can talk about Zokio real quick.
Huda pointed out that Zokio is going to be a great barometer
for where traders are at right now.
And so Zokio was a big hyped up new anime project
that minted out 6,000 yesterday at 0.08.
It briefly moved above the mint price
and is now below mint price already.
So like less than, yeah, less than 24 hours.
Not even 24 hours later, less than 24 hours,
this new super hyped anime project
that hasn't even revealed yet
is below its mint price at 0.07.
So that's where we're at right now.
And I think what Huda was saying that I fully agree with
is basically, there's not a lot of profit right now
for most people other than maybe people that are early,
like all of our Web3 homies who hang out with us in our show
and our telegram and got on say.
Other than those people trading on say early,
there's not a lot of profit right now trading in NFTs.
So a lot of traders are just hanging out on the sidelines
or refusing to play maybe.
Because yeah, this shows that the time horizon
for how these like mini hype cycles are running right now
is so short, it's almost impossible
to make money trading NFTs.
So yeah, if anything to me,
this is more bullish on art collecting right now.
Go ahead, Q.
Are you saying it's hard to make money on trading NFTs?
That's what you were just getting at?
Sorry, I was trying to like get another story ready
and all that stuff.
It always is, it's just like at certain points,
it's easier than other times to like get in on early mints
and flip them for a two to three X
or like see them get a multiple
on a really high profile project.
I mean, we saw Otherworld recently go bonkers.
So it's like, it is possible,
but even a pretty hype mint like Zocchio
isn't even able to hold its .08 mint price
less than 24 hours later.
So it just seems like a lot of traders
are kind of waiting right now
because there's not a lot of profit.
You brought up a great topic on NFT live
that was basically like, what are your bold,
big bold predictions for 2024?
And the Mochaverse NFTs popping off
was one that I threw out there.
And it looks like they're above five E's right now.
And the Mocha token, I guess is launching,
I believe it's Mocha token.
Let me make sure I'm correct on that.
But they just made a huge announcement
that they're launching a token.
I mean, the fact that I faded Mochaverse NFTs
will literally haunt me till the day I die.
The fact that Yatsuyu and all those guys that we know
are just, I have a finger on the pulse of this industry.
And I'm just like, ah, it's kind of ugly
because it is one of the ugliest NFTs I've ever seen.
And it's unfortunate because goddamn,
those things will continue to rocket for sure,
especially off this Mocha token announcement.
Yeah, those aesthetic biases can really hold you back
in the space sometimes.
Mocha, we definitely faded those pretty early.
So yeah, that's a solid prediction.
But yeah, because there's not a lot happening
on Ethereum right now,
maybe we can talk a little bit about Solana,
but I wanna keep talking a little bit about Sei.
I know that you just came off of this morning show.
We've got outlines happening yesterday.
Look, if you're in here and you're still like,
why is everybody talking about, say,
what the fuck is it?
Do I really need to care about this other chain?
Look, the opportunity is to be early on a new chain
that has legitimately a new technological value proposition
that is really picking up right now.
And it's done something that almost no other blockchain
is done in terms of an NFT marketplace evolving quickly
and actually getting culture,
getting, being able to actually cultivate culture
as quickly as it's done,
where people really wanna fuck around over there
and be over there for more than just a quick fucking flip
or some other dumb social fight thing
or whatever's happening.
It's tremendous what's happening over there right now.
So our recommendation would absolutely be,
yeah, pay attention to Sei.
That's why we're gonna keep talking about it.
It's still early.
And you're seeing the formation of what could be
a really, really valuable new marketplace over there
in this next run right now.
It's happening.
Yes, there's a lot of junk.
So a lot of people are just spamming junk over there
to be early.
There's a lot of low effort pixel art
and other crappy projects.
We're starting to get more ruggers
and people try and go over there and watch crap.
But that's again why joining in on the Web3 network,
being part of this awesome community
that has some of the most experienced thinkers
and traders and builders in the entire Web3 space.
Most of us that have been up on these stages,
we've been doing this for three plus years.
We don't have just a bunch of fucking shillers
and ruggers and shitty people
who are just jumping in for an opportunity.
We've been living through these ups and downs
and trying to navigate and survive.
That's the value of what the Web3 network
provides that nobody else can.
So that's what we're doing here.
We're going early where we see the puck going,
where the new meta is,
and we're gonna try and figure out
what's really happening there.
Give you all the brutal, honest, truth,
not sugar coat this shit.
Yeah, go ahead Q.
What a monologue that you had there, sir.
I'm on one, let's go.
I agree with that, we should write that down.
Anyways, I think everybody's excited
and a little bit surprised
that has been involved with what's happening on Say.
I think even the founders
and some of the builders over there are like,
holy shit, what happened over the last month?
And we got some confirmation from a guy named Zero X Hess
on the X, I'll try to find his post,
but he runs a lot of really cool analytics,
basically Dune dashboards,
but it's called Flipside Crypto that gives you analytics.
And basically, he posted something
that went semi-viral last night,
which was that Say was doing more volume
than Arbitrum, Avalanche, Bass,
and one more chain on the NFT side.
I don't think it was combined,
but I think it did more than all of those chains
from the NFT side.
And that was non-existent.
A month and a half ago.
So it's been a crazy ride.
I'm frankly very surprised
at what's been happening as well.
There's still those blue chips in the ecosystem right now
and the rest of it is basically trying to figure itself out.
A lot of DeFi is happening on the chain as well.
So we'll see when that meta kind of hits.
And I know Quantivarian and a lot of folks in the audience
are kind of leaning and artists themselves.
And they've been asking,
when is the art going to be kind of hyped
or showcased and spotlighted on Say?
And we're seeing that here this week,
both with the outlines meant,
as well as what we'll probably see here
in the next two or three weeks is more art on Say.
Yes, yeah, this is it.
This is like you can literally be one of the first artists
to be creating legit artwork on this new NFT marketplace.
It seems like Lighthouse,
which is WeBump's open source launchpad platform
is still the best way even for artists
because there's not a lot of info over there.
But yeah, you mentioned outlines.
I just pinned up top if you want a link to see them.
I got allow us to do the Sayans,
which is one of the great communities over there
that I love.
Actually OG, a legit pixel art community that's building.
They've got their own marketplace, et cetera.
So if you want to check out outlines, that means tomorrow.
So this is one that I'm very excited about.
And then the other one that I've been up there
a couple posts back is Cappies.
So these two outlines, Cappies and Yaka Finance.
Those are the three right now that I have my eyes on,
that I'm actually thinking.
Catalysts.
Yeah, these seem like actually interesting projects,
not just junk, like quality stuff happening with them.
The Cappies one, I'm like actually excited about.
OK, and I'll say why again.
I said this yesterday, but I'll just say it briefly.
To me, the hardest thing to fucking do,
and if you really want to find the rare Pokemon
and all of NFTs, et cetera, is when
you can find a team and a product, a project that
can do both at the same time, have web 3, dgen appeal,
and also that sort of mainstream familial accessible appeal.
If you can manage to have both of these things
and you've got a team that can actually execute on both of those
and not just lean into one and lose the other at the same
time, dude, it's such a fucking difficult bridge to cross, man.
It's so fucking hard.
And Cappies to me, again, Pudgy Penguins
is one of the only ones that's really done that very,
very well.
But Cappies to me looks like the project
that I see coming out of say right now that
might have that crossover potential where clearly they
understand the web 3 meme, funny, art side of everything.
And then it's just the type of art, the type of humor,
the type of animation, et cetera,
I feel like is very, very accessible
and has that potential.
And they're trying to be the first ones
to raise a million dollars, et cetera, and go big on it.
So Cappies looks very intriguing to me.
Just off of the trail.
Go ahead.
I agree with you, and Doobie has the standards.
But I'll just really quickly say,
the ones that you mentioned, Cappies, Yaka, and Outline's
not really, because I think Outline's will just do well.
But Cappies and Yaka, if those do well,
they'll be catalysts for just continued growth.
And if they don't do well and everybody gets wrecked on,
I don't know, the price just gets cut in half or something,
then we might see a little bit of a slowdown.
But if they go, well, it'll be awesome.
And then the other thing I'll add to it
is guys that are super strong in the e-community,
that's been a crazy catalyst for this ecosystem as well.
Because they're all tweeting about it now, literally.
And I know you hate me bringing in Faroka,
but Farok's tweeting about it, Beanie's tweeting about it.
You keep making this a thing.
I have no affiliation with the guy.
I don't know what you're talking about, other than like.
I know you don't like the way that they
build the products that you mentioned all the time.
Dude, they've literally just followed us into everything
that we do.
That's all I'll say.
All right, there you go.
So that's fine.
That's exciting.
I'm glad that all the thread guys and all those people
out there are starting to pay attention
to what we've been talking about for the last month.
Yeah, that's the story.
Yeah, it's fucking amazing.
And ladies and degenerates, we are jumping out of here
over to YouTube.
The link for NFT Live has pinned up top.
Dubey, go ahead.
You got the last words, bro, so don't fuck it up.
Oh, no, I was just wondering what the website was.
You was talking about Lighthouse.
I would search Weebon, yeah.
We can pin it up.
OK, yeah, that popped up, actually.
Now, good show, though.
Appreciate you having me up.
Compass Wallet, check it out.
That's how you want to get involved.
Yeah, the easiest way for anybody new to say
is get the Compass Wallet.
I believe it's compasswallet.io.
But yeah, search Compass Wallet and make sure
it's the right one.
Use that.
It's a great mobile wallet for SAE.
And then you can just use Coinbase,
or one of the most centralized exchanges.
All have SAE already listed.
So it's pretty easy to buy it through a centralized exchange
and then just send it to your Compass Wallet.
And then the main, really the only solid NFT marketplace
is palette.exchange.
So that's really all you need to know.
You got Compass Wallet and Palette Exchange.
And then Astro, what's this?
Astro Port.
It's Astro Port.
Simple swap as well.
If you want to get into DeFi, you've
got Astro Port and Simple Swap over there.
But there you go.
And we're going to be talking a lot more
about this on our new morning show.
NFTQ is hosting it in the mornings.
Say what in the mornings.
Check that out.
Are you doing that Monday through Friday?
Yeah, I'm doing that.
And I also want to hear about say what after dark.
I was told that there would be some after dark debauchery.
Oh, yeah.
Oh, yeah.
What's happening?
Late night DJ invited to say what after dark.
Also, look out for that.
But tomorrow morning, apparently, say what in the morning.
We'll be back with NFTQ.
But right now, it's over to YouTube with us.
Link for NFT Live is pinned up top.
You don't want to miss it.
Again, Jess is going to be actually
going and hanging out with us.
And I believe our man DP down here
is going to be stopping through.
DP, you stopping through?
Yeah, you know I'll be there.
I'll be there.
I actually, I came up on stage earlier
to be on my best bullshit and start a pot.
But you know, y'all been kind of serious.
So I ain't know if it was an appropriate time or not.
But it's all good because we have a good show today.
Who are you trying to call out?
Yeah, we're super serious.
I wasn't trying to call anybody out.
I just, I came up here when I heard
Giff ask the question of what the guys from Nakamingos
had to say about people that were FUD
and the Ethan description.
And I was going to get up here to kind of start some of,
some BTC and ETH wars up.
But it's all good.
Yeah, you know, we're super serious up here.
Y'all, this has been GMF3, the most serious show in all
the land, always talking about the most serious stuff.
Shout out again to Sneps and the Nakamingos
for flocking by here.
Had a great time with y'all.
Y'all killed it.
Again, you can check those out.
And actually, we're working on like cross-pollination
with Bitcoin and Ordinals.
We're partnering with Ape runners and Satoshi runners
and doing cool stuff with them, hosting spaces,
getting people into on-chain art.
Fuck yeah, bro.
We should, have you guys met the Megapont team?
The Megawhat?
Megapont?
Megapont?
Megapont.
They're like OGs in the Bitcoin ecosystem.
Yeah, OGs, Ordinals.
We should definitely introduce you guys to those.
OK, cool.
Yeah, send me a DM, please.
Check them out.
Check them out.
All right, y'all.
NFT Live starts in just a minute,
and we're going out with some new music
from Logic and Conway, the machine.
It's called Intergalactic Icons.
I hope you like it.
It's a little bit ridiculous, just like us
on a thirst trap Thursday.
It's perfect.
You're perfect.
NFT Live is going to be perfect.
Come ahead, let's block and go.
Y'all have a beautiful day.
I've been gifted.
Y'all have been amazing.
You know what it is.
We'll be back on Monday with more GM Web 3.
Oh, yeah, we're giving away an on-chain dino.
Don't miss that.
One of the first on-chain NFTs on the base blockchain.
Repinning that up top.
But right now, it's over to YouTube.
NFT Live starts in just a minute.
Let's fucking go.
It's the white Cuban down in June.
Contrary to you, I can't work in a cubicle.
Two Croatian cuties clean my cuticles.
The Raspberry Rod Stewart.
I don't talk about men or I don't wear Ray-Bans.
If you fuck up my funds, we could never be friends again.
Never try to reprimand the cinnamon sandman.
The air jump was tropical.
Life is an obstacle course.
Of course, I can take a college course
and how to drive a Porsche.
But they won't teach you about remorse or divorce,
so why did I clap my hands two times
and open my doors when up?
It's the Hazelnut Harrison Ford.
In the board door, DeLorean.
It's the sending-in mortgage board when I hit report.
I need a D or a profit resort.
By age four, my favorite shape was a trapezoid.
I pull up and jump out the Black Mazi.
So how lately, you can light a fucking match.