All right, let me check. All right, guys, what's going on? How are you?
Good, bro. Good. Thanks for having us. Appreciate it, man.
I'm streaming here from Network School in southern malaysia in johore malaysia
right outside of singapore about an hour drive from singapore nice we got a good representation
of uh of asia right now i think kayeth you're in japan aren't you yep yep it's kicked by and i'm
too bad right now so mal Malaysia, Japan, and Thailand.
Here we go, coming straight out of Asia.
Best country in the world, man.
I haven't been there since 2015, or 2014, but I would love to go back.
No missiles landing here yet.
Dude, I'm glad you got out of Dubai.
I mean, I thinkai will probably be fine but
just this better be safe than sorry um totally and it's sakura season right now so best season to be
here it's the what season sakura you know the cherry blossoms season nice the blossoms oh yeah
nice nice um let me see. Okay.
I'm just waiting for some more people to get.
We only have five people right now.
So just give it – let's, like, make some small talk before we get started.
Let some people get there.
I've been here for – it feels like i've been here for like four months
but i actually looked at my macbook i backed up my macbook before i left the u.s and i've only
been here for 49 days in asia but like in those 49 days i feel like i've experienced an entire
lifetime i was in hong kong for two weeks and then I was in Bali for a month, and now I'm at network school.
So have you guys heard of network school?
I don't know more about it. What is it?
Yeah, I have friends that have come through there and that go there actually quite often.
I think I met one of the president or something.
He was speaking at Token 2049 at one of the events I went
to. But yeah, no, I've heard of it. Right on. Yeah. So I actually hadn't heard,
I didn't know who Balaji was until about a month ago when people told me about network school,
but it's his baby. And the whole whole idea is that or i guess the whole thesis
is that the world is heading towards a more multi-polar society like i guess globe and
and you know people are going to want to be people are going to be going to be integrated
into like-minded communities and these sorts of enclaves are going to get more and more popular especially in the East in
general. I mean in general I we talked about this offline like I just love I
love my time in Asia. It seems like it feels like it's so much easier to
connect with people and make friends and I know that bali is probably an exception it's or i guess it's like a it's it's
a bit of a um it's a it's yeah it's a bit of an exception but even in hong kong like i i just
i found it easier to meet people anyway i i think that asia is pretty bullish right now and a lot
of people are sleeping on it but What do you think, Hayata?
Well, obviously, we are striving.
Actually, we'll do the intro later.
But, you know, we are providing a product that is mainly targeted towards Asia.
And we are bringing in a lot of audiences and customers from Asia.
And we are targeting it because like I'm totally
aligned with you we agree the same way I think it's the next place where money is going to be
all right let's go yeah I mean the money's already coming here and so what do you what
do you think about Dubai Hayate what do you think about Dubai after all this happened? Do you think it'll
return to its former glory in terms of just being this enclave, this safe enclave for
entrepreneurs and multimillionaires and billionaires to relax and park their cash for crypto?
I hope the war ends in a way that can bring in those results.
I think a safe Gulf nation will bring in prosperity again to Dubai.
The infrastructure is there.
And if people think it's safe, I'm sure they'll return.
I myself want to go back as soon as possible.
And I have a lot of friends like that as well. It's just about the companies,
whether they can summit the risk. And I think it all depends on how the war ends,
which I hope is very soon. Likewise, man. Likewise. Okay. Let's get started. Let's do
intros really quick. We've talked online quite a bit, but for people that go back and watch this video, I think it's important to know, Hayate, who you are, your background, what you have been building in the industry over the course of your career, and then what ultimately led you to spearhead and grow every axe great i'll do a very quick intro
i started off my career in coin telegraph japan about 2018 um when btc was about three thousand
dollars just all days um but there i did a lot of marketing for japanese companies
japanese token projects to go overseas,
vice versa, foreign token projects to come into Japan.
And later on, I did one of the biggest Gamify projects that happened in Japan called Genso
And I spent some days off, years off in Tulum, came back to Dubai, started living there
and met the owner of EveryX,
which is a prediction market with leverage.
I became the CEO and I started last year and we were finally able to release this version
So we're gradually marketing it to certain countries, spreading gradually.
And finally, we've been able to work with you guys to actually scale
and bring in more and more people on the platform.
So we're at this growth period right now after all the testing
and seeing what the users liked and tailoring it to something
that will work for the mass audience.
And then, Matthew, give us a quick, you know,
you and I have been talking
for years now and working on different projects, Heather and Collapse. Tell us a bit about you and
how you got involved with EveryX. Yeah. So my name is Matthew Papineau. I've been in the space
since 2018. I launched a venture studio called Papineau Strategy in about four or five years ago.
So my focus has been on consultancy and advisory for some of the top layer ones in the space.
You know, I work with multiple top tens and even more top 25s and top 100s on ecosystem development,
business development, so higher level business
development, now working with some, you know, in affiliation with some governments and larger
conglomerates as well too. And so I have, you know, been focused on a list of advisory roles.
So this is kind of where I've come in with EveryX because of, you know, meeting the founder as well too and seeing how strong he is and his background is in Asia and, you know, seeing this opportunity for actually building, you know, a very relevant, very global partnerships for EveryX and also, you know,
just advisory on the platform and just helping in any way that I can. So, yeah, that's that's a
little bit about me. You know, obviously, we've met over the years through, you know, crypto Twitter
and seeing you guys as like, you know, one of the premier, you know, marketing
spaces and, you know, places to come and have real conversations about real stuff that's
going on. So I'm happy to be here and happy to be, you know, here spending some time with
one of my clients and then also, you know, with you guys as well, too.
Brilliant. Okay. What's EveryX? It's a new kind of prediction market. You guys have added leverage and some other cool features that we don't see with Polymarket.
I actually spent a little bit of time yesterday playing with Polymarket because I had played with EveryX and I wanted to get a better scope of what the differences are and I would say there's a lot of similarities and maybe a few differences but dive into what makes you guys different from some of the big competitors like Kalshi and Poly
Market and what you think is going to give you an edge apart from just targeting the Asian market
which from my understanding isn't necessarily spending much time unless you're using VPNs on Polymarket and Kalshi. Interestingly
enough, I can't use Polymarket. Well, I guess I can't use Polymarket in Singapore, but I can use
it in Malaysia, which is a bit odd to me that these countries are so close together. One is
geofenced and one is not. You can't use Kalshi either, can you? i haven't tried using cal she but i i polymarket doesn't
work in singapore it does work in malaysia and i believe it does work in indonesia as well
if you can't use polymarket the likelihood is you can't use cal she because cal she's been even more
stringent on regulations and internationally but sure
right so um yeah the main difference over here I mean from the very start of course Polymark and Kalashii you know they're they're very like Matthew just said very strange
and on these restrictions and everything and we um are still striving uh with no KYC and doing
the platform as free as possible and see what we can do right here um the main difference here is
that the prediction market on our platform is very short term we see a lot of long-term prediction
markets in polymarket you know that uh you know are going until like the end of 2026 which is the
most valuable company until 2026 but we are doing a lot of short-term um one day even uh three-day prediction markets
where resolutions come uh very quickly and that's why we can um offer leverage and so that people
can actually get their money back uh if they win on uh using leverage and we have up to 10x leverage
on all our uh events all our events that you can trade on.
And it's basically most of it is the same as poly market as other prediction markets.
But the fact that is, if you have, if you use leverage, you're going to have a stop loss.
So if you want to evade a stop loss, you need to add margin or you need to trade in the right way.
Got it. So you need to trade in the right way at the rate got it so quite similar to trade and i'm not a big not a big i'm not a lever guy um so i
i would imagine it's similar to if you're going to be trading leverage on an exchange
trading perfectly yep okay same kind of risk mitigation yeah this is the
fact that it's probabilities that fluctuate and the stop loss is all dependent on that probabilities of
each event okay so that's one difference why do you think it is that polymarket and calci have
not added this feature because it like i feel like it's not that difficult to add.
So the main difference is that we can provide leverage
because we are using a pool-based event.
We are giving winners divide the losers share.
And if you have leverage, if you have 10x leverage,
you get a bigger part of the pie, of the losers pie.
And that's how different we are on how you get the winnings.
And for Polymarket, it's completely different
because they have to market make
and they can't exchange their shares if it's if it has leverage does that make sense
sorry kind no so kind of um you guys are just using a different way of sourcing liquidity
altogether yeah and if if it's polymarket for example if you use 10x leverage and you can have what 100 000
shares of one outcome the probability can go up exponentially and stop everybody out and
it just won't work because the liquidity is not there enough I see okay what are you guys what challenge are you guys
currently facing with liquidity because one thing that I noticed and some of my
friends that are avid prediction markers prediction market prediction market
users noticed was that in order to make some of the bets that they want to make
or rather when they try to make some of the bets that they want to make, or rather when they try to make some of the bets
that they're basically limited to putting in like $6 or $10.
There's not a high ceiling for how much they can bet.
So we are adding liquidity on our own
and market making as much as we can.
But yeah, we are adding our own traders on it our own
market makers on it so that we can improve liquidity we're building on that right now
okay very similar to again very similar to polymarket you got different sections um you got
the world i mean you have the economy you have stuff about iran the war in iran i'm sure you guys are going to be doing a lot for the world cup uh as you are for march madness um what are
your plans what what are your okay what are your plans to get a lot more liquidity in there because
i think the world cup is going to be huge use case for this right you have the entire world
including asia which is your target audience that are going to be betting on games and so you know i i want you guys to be able to attract some big money big and big gamblers
yeah of course um we have a plan um but i think the main part is that we're bringing in the most
amount of users through esports and those people who are trading on eSports because Asia is massive on those.
And we don't see a lot of trading platforms that actually focus on eSports as well.
So that's where I think one of the biggest sources are.
And there is an eSports World Cup record for the World Cup as well.
So we can actually spend a lot of marketing fees to promote these trades on eSports as well.
That's one thing as well.
Of course, we can host our competitions as well
for the people to trade on as well.
And as you were saying that,
I went to one of the eSports sections
and I actually saw that I could bet over $100, which is the first time I've seen that maximum amount available.
Maybe people in Asia aren't as keen on betting on geopolitics and the war and those sorts of events and like you said esports is what is currently you know what
what esport what games are currently um popular on every on every x well valorant and those what
are you a gamer yourself yeah yeah i play well i play a lot of classic and tvc nice um if you go
into the top right and see the leaderboard campaign
we have we had a leaderboard as well and uh no the six dots yeah we had a lot of um people coming in
for the leaderboard campaign and trading right now uh for uh the rewards that they could win
we're doing some campaigns with other uhOLs as well, right, Matthew?
So we've been like basically, you know, focusing on moving out,
just testing out the Western market, different assets.
I mean, the platform's not able to be used in the United States,
but outside of the United States, we've been deploying, you know,
you know, try different marketing strategies and get some exposure there where 95% of the focus has been Asia, which this platform currently is, you know, focused on growing in Southeast Asia and
Asia specifically. But this is, you know, been a part of our focus as well, too, is aligning with,
you know, some of the more popular influencers and, you know giving the opportunity to you know some of the people and you know say europe and
other places in the west to get some exposure to the platform as well too for sure and are you guys
at any point launching a points program or launching a token for the platform or are you
just going to keep it no token the way that polymarket and Calci have it? Does Calci have a token? Actually, Polymarket is building for
a token right now, actually. Yeah, Polymarket, they did announce like, I think like four or
five, maybe six months ago that they are planning on releasing a token. I don't think Calci has a
token yet. They definitely don't. But Polymarket, there is plans there.
But maybe the bear market came and it's been postponed.
It's not a good time to launch a token in this market.
You know, Polymarket and CalShay are getting a lot of heat in the U.S. right now.
And I'd imagine they're probably getting some other Western countries.
How are you guys planning to navigate that? Because undoubtedly, in my opinion,
once you start getting pretty big, this is a hurdle you're going to have to overcome.
Yeah, it's interesting. I'll make a quick comment on that. If you look at the population density in Asia and also some of the capital that exists in places like Korea, Japan, other places like Singapore, Hong Kong, there's capital there, but there's a massive population of people in Southeast Asia between Thailand, Malaysia, Indonesia. And so, you know, a lot of, a lot of what the focus is, is in this area and building
in this area. And I mean, here's an example, like if you look at like the UFC to one championship,
right, where the UFC is the biggest fighting brand in the world, you know, pays out, you know,
decent, decent purses, known to not pay out the very best sometimes, but they have a, you know, pays out, you know, decent, decent purses known to not pay out the very best
sometimes, but they have a, you know, quite a stranglehold on, on the industry.
One championship, for example, which is like the UFC of Asia has the highest viewership
So you see this happening with different brands between Asia and the United States, where
there is a large population of people to create a pretty substantial product, a pretty substantial
even touching the Western market at all. There's been many products that have actually, that are
top tier products in the world, like say, for example, XRP and Ripple, where their American
company, they actually blew up initially in Asia and then spanned out globally. So there is a huge
opportunity for tapping into a massive market share just in Asia before even the West
comes into play, because there's still a lot of things being sorted out regulatory-wise and some
of those aspects. So just to kind of keep in mind that Asia is really powerful financially,
and then also the population is massive, right? So there's a huge user base just in
individual countries like Indonesia and likeia and you know like thailand and other
places like that do you think there's the you guys there's a reason that polymarket and calci
haven't taken off in these regions apart from like governmental regulations
it's completely because uh polymark and cash is for american people absolutely isn't it ironic that it's for american
people but you it legit says that you can't use it if you're an american or if you're basically
right yeah no it's it still says like when you go on when i went on polymarket yesterday it says
like confirm that you're not in the u.s right now are you serious i thought wait i thought they had to come back and they can use it in the united states i legit yesterday when i was making an account um i had that check
mark you promised that you're not living so i don't know if it's going back and forth but it
is like a bit ironic to me that they you're right they're in the process maybe they're in the process
still and there's been like some type of like uh hold up because I know that Bolly Market was going through the process of cleaning everything those guys, like, obviously, the American market has a massive amount of money, and it has some of the highest, you know, distribution in the world, right? So being able to tap into America is a huge deal for any organization. And it does help pave the way in a lot of ways for technology or different, you know, narratives to actually build internationally as well too. But a lot of the time it has,
it's been Asia that has built amazing products and amazing services and then have been adopted
and a lot of finances come in from the West. So I think, yeah, like Kayate said, they're really
doing a lot of work in the forefront in regards to regulations and those type of things. But products and services, like products like this
that are very innovative, they don't,
they can become some of the best in the world
and not even touch the West at all, right?
I always found it a bit ironic when I saw companies
that are operating out of the US or building products in the US have US residents geofenced or unable to use them.
So look, we are, you know, we're on the Polymark, excuse me, we're on the EveryX user interface.
Are there any bets you guys, any bets you guys want to make right now?
Because you all dropped us about $1,000.
I don't want to show what they are.
But I've used about $85 to make bets.
However, we have a pretty substantial balance
courtesy of the EveryX team.
And if you guys want to make some live bets,
let me know what you're thinking.
What's ending pretty soon? what's uh what's coming up okay so where do i go for that
we can go to the top page uh top left yeah okay go to the top left the logo Hit the logo. And then it just short source was live or what?
So you can go to the top left and click for you.
Then next to the search button, you have all the filters.
That was weird. Sort by ending
soon. All right. I have no idea who I'm not into eSports.
Okay. These are eSports. Scroll down.
You guys are... I didn't know esports were this big in Asia.
All right, got some NBA stuff here.
Matthew, are you an NBA watcher?
What else do we got? We could do some NBA stuff, though. What else do we got? We could do some MBA stuff though.
Here we go. Here's something we can all speculate on. What will the lowest price of Sol be in the
next 24 hours? Let's see what Sol is currently at. $85.06. Let's click on this. um so it's currently 80 dollars or something right five dollars and six cents how sad is that
let's click on this how sad is that um it looks like things are going down quite a bit more in
the next probably quarter or two so we'll see i'm hoping so we're gonna say below below 80. okay so in the next 25 we're currently at 85.06
well but if it goes below 80 that's like minus six percent right it's pretty pretty big no yeah
wait how is this six percent because this is this is the range that it's currently in right now
six percent because this is this is the range that it's currently in right now
it's 85 right now right yeah it is so i think a lot of people are expecting that it's going to go
down more down then should we bet let's see how much can we bet on this we can only bet four dollars So max leverage is 4.5.
That's on if it stays around the same range now.
So if we say that it's going to go down to...
Oh, the max trade size is actually $1.
You can't bet more than $1 on this one.
So that's for that one specifically so try clicking on uh 83
to 84 10. okay 83 to 84 this one just one one more up yeah that's fine okay try that one and see See what. So you can do a dollar. So if I do no leverage, I can do 27.
What are you guys feeling? How lucky are you guys feeling?
Should we do max leverage?
Should we do max leverage?
And what does it say here?
Max leverage at this amount is only 1x.
So here's one thing I found with the UI is like, I think you have to pick the amount of leverage you want first and then pick how much you want to do.
Otherwise, if you pick how much you want to do otherwise if you pick how much you want to do
which is the max here it doesn't let you pick any leverage i mean this basically it automatically
picks yeah it shows you basically like if you're gonna bet like 27 that you know it shows you what
your max leverage can be with the 27 based off of the liquidity that's in the pool so since the
liquidity is a little bit lower for this specific bet um if you bet say 27 the max leverage is just one x basically right right
so right yeah you have to play with it based off of uh because this is where the leverage stuff
comes and it's all based off the amount of liquidity that's in the pool um and it changes
you know what i'm not i'm not a gambler myself and so this is already gambling
for me i'll just stick with 1x leverage and in the next 24 hours so what do you guys think
let's do it let's do it all right so we're gonna set our bet we got it we we're set to win
68 i like it i i went on Polymarket yesterday and I don't know,
I probably got like a little bit degenerate, but I basically, I found things that are super
unlikely to happen and I just bet a dollar on each of them. Like one of them, I bet $10.
One of them, I bet $10 on my potential payout is two grand. I'm like, all right, well, let's go.
Okay, cool. That was a fun one. We can actually just go to crypto. And then as you guys said,
we can just filter by ending soon. And then let's see, what will the price of XRP be in the next?
I'm just so out of touch with XRP that I think I'd rather just go to ETH. What will the price of ETH be in the next 24 hours just so out of touch with xrp that i think i'd rather just go to eth um what
will the price of eth be in the next 24 hours so let's go look at eth um and i feel like with this
kind of stuff you got to look at geopolitics you got to look at you know where you know where that
where the war is heading um whether or not the strait is opening more or closing more because
i think that's going to have a lot of effects on the prices which is why people are are predicting that they're going to go lower
uh with eth we're currently at 2044 right 92. so we're gonna come here and we're gonna
uh let's see what kind of bet do we want to make we think this
we think that's 2044.90 so a lot of people are saying it's actually going to dip below
2044.9 so a lot of people are saying it's actually going to dip below
i can i i could take that bet i don't know i think as a as a betting person what i would
what i always like to do is i like to see where a lot of people are saying
and then maybe bet like a little higher a little lower and same and
bet like a little higher a little lower and same and that way there's you know that way you're like
okay so there's a consensus a little bit more of a consensus around certain price but then you just
go for like a little bit more of a degen kind of look of like what the percentage is like uh because
he in this case it's you know the highest percentage of people on this bet are saying between
In this case, the highest percentage of people on this bet are saying between 1971 and 1988, so that's 21%.
But even if you go to 1989 to 2006, that's 17%.
So you get a higher payout if that is actually the number.
So it's a lot of gambling.
It's a lot of gambling based off of percentages.
By the way, we're not promoting gambling in any way
of course not make make your own decisions about like what you with your free time i'm not a
gambler i don't really get along really i have a lesson i mean free money like they didn't make
and learn about the platform people that are gamblers though this might be an interesting
thing product for you to check out my house always wins
traditionally so just be careful about that and yeah we're not gambling um good but you know this
is a this is an industry filled with gamblers and people are looking for different ways of money
me personally if you had a gun in my head and you said, okay, you have to either go to a casino, a casino down the street and play a bunch of games,
poker, blackjack, whatever, or you have to sit on your computer and bet on a prediction market.
If I had a gun to my head, I would pick the latter because I think that at least I can do some degree of research into the markets that I'm betting on.
And so I can make educated guesses, relatively speaking, on outcomes rather than being at the mercy of a casino and however many decks they have in that blackjack table.
That's just kind of how i see
it but definitely not promoting gambling you know do use this stuff at your own risk this says i can
21 bucks and win 66 that's only if eth goes below 1935. so we so we bet that soul doesn't go below that number so maybe we should bet
let's see if we bet that soul doesn't go down maybe we should bet that he goes down
so that if we lose one bet we win the other yeah you're you're edging yeah that's that's good
right but how how what do you get what are you thinking um
what are you thinking matt
yeah i i don't think first i don't think you confirmed your trade on solano
um i think you went to the next phase without confirming but first of all i think oh you're
right yeah the eath trade needs to be executed soon.
And it should be the purple one, I think.
Yeah, it's around $19.70 max, I feel.
Because that's like 1% drawback.
We don't want to do max leverage.
No, we don't want to do max leverage.
I just want to keep things simple.
I'm going to do 20. I'm going to max out the cash. just how much is that how much is the bet i just want to keep things simple um
i'm gonna do 20 i'm gonna max out the cash i'm gonna use 28 dollars i'm gonna continue i'm gonna confirm and then we're gonna go back to soul and i want to get the high output on soul as well so
we're getting this bet in bam here we are and then we're going to go to
where we at we're going back to crypto and we're going to go back to um
so we're going to rank again yeah there we go the number second one all right i want to okay i want
to do two more bets on this stream i want to do
i want to do soul i want to do bitcoin because i mean right now these these these are the big
daddies these three titans right now and so like ethan and bitcoin yeah no no no no so
bitcoin and okay fine we can do xrp don't consider XRP a Titan but whatever that's
well don't come after me hey bro I've been having consistent meetings with them lately we're doing
some good business together so let's let's let's let's get them going for them okay all right cool
so we got we got um most people are thinking that soul is going to be in this range.
And one of my strategies I've developed over the years is don't do the same thing that everyone on crypto Twitter is saying.
Because everyone on crypto Twitter usually ends up giving you the wrong advice. let's not do do we think that soul is going to go from what it's currently at which is about 85 uh oh it actually went down it went down to 84.99 i'm glad that bet didn't go through
okay okay all right the bet didn't go through so let's see. We're already – here we are. We're already at – I'd say go for the 8253.
Let's see the max we can bet here.
What do you think, Hayate?
How are you feeling about this one?
solana but you know when it goes down sometimes it goes back up again so for for bitcoin let's go
let's kind of see what if it goes up so this one maybe you can we can go with this one i think
all right let's go with this one this is hi at this or yeah this is a matthew's choice um hi
it chose the last one and then this is fun this is fun man i i get why people like
to gamble this is exciting it's exciting and then you lose money and you're like uh we're gonna
have to do a we're gonna have to do a leverage one for the next one we're gonna leverage on the on
let's okay let's let's go back to crypto we're gonna go back to crypto we're gonna we're gonna sort the coin ending soon and then we're gonna go to here let's go to xrp first
we'll do big daddy btc at the end um so we're at xrp i don't even know what xrp is at right now xrp
is at 135 and so 135 this is gonna have some xrp army bias in it um i should also be opening up these charts
and just kind of seeing what the price has been fluctuating around that's one thing i should have
done over the last seven days so over the last seven days between 144 and 134 we're on a downwards
trajectory um kind of although over the last month like the lowest it's been over the last month is 130
back in beginning of the war in february and so now it's
get a bouncer mayor i don't know
let's see it's at 135 right now
135 and above now that's this all right matthew i need you man this is these are your peoples
yeah these are people let's say i i don't know if they're my people but i would say i like it i like
it right now i'm happy i'm happy about the crypto corporate world currently right now
I'm happy about the crypto corporate world currently right now.
So let's say, here, go try what a $10 bet is at the $133.22 range.
Yeah, that one right there.
And see what a $10 bet, what kind of leverage you can do with 10
bucks all right so we're gonna do 10 bucks right here um and the max leverage we can do this amount
is 3.5 okay let's do it 3.5 oh baby all right all right let's go let's go it feels good
All right. All right. Let's go. Let's go. It feels good.
So I just wanted to show you when you use leverage, you can trade with leverage, right?
So you get a stop loss amount, the percentage, and you have to take a look at that.
See on the bottom left, stop level is 32%.
Let's go through that right now.
Your traded probability is 54% on the slip.
Okay, so stop level is 23%.
So the market impact, it put this up by,
it put the impact up in the percentage by 32.2%.
And the trading probability is 54%.
So this trade will the the trade will stay
as long as it doesn't drop any more than 23 percent from where it's currently at
the probability doesn't go below 23 percent sorry the probability yeah yeah okay so as long as that
54 doesn't go below 23%, we're good.
Oh God. Next 24 hours, dude. I kind of want to be, I kind of want to be on stream while, while we start to see these outcomes.
I don't know. How am I, when do I time this?
Because of the $10 trade being picked at that range or at that percentage,
or sorry, at that range, at that percentage or sorry at that range this if this
trade goes through you actually get a over 4x uh on your on your trade let's go baby so imagine for
example you live in the philippines or indonesia or thailand right and you place a $10 trade and you can actually make $35 on your trade.
That's a pretty big deal. This is where the leverage aspect comes in and is really important
for Southeast Asia and this area because $1 to $10 to $100, where that might not be substantial
for the United States or Canada or Europe is absolutely
substantial for portfolios in Indonesia, Thailand, the Philippines. Like I'm in Thailand and a good
wage in Thailand is a thousand baht a day, which is about, I'd say 30 bucks American, right? So for example, if someone can place a $10 trade and make $35
American from one trade, that's a huge deal, right? So this is where the leverage comes in.
And is it something quite substantial for, you know, 100 million or 80 million people population of Indonesia, or maybe it's over
100 million now, right? So something like this, like, there's other projects in the space
in Web3 that are talking about and advertising using leverage, but haven't figured it out yet,
or haven't implemented in their tech. This is where EveryX stands out is because EveryX has
actually implemented it. and it's been
running for six months now and being tested in the Philippines, Indonesia, Thailand, and
different areas in Southeast Asia. So this is where the brilliance of this comes in, where,
yes, there's a super degen aspect to it, where it's quite exciting and there's a gambling aspect,
but there's also a super altruistic aspect to it as well too, where people that say in the
Philippines and other areas
really got excited about crypto gaming because there was an opportunity for people that weren't
making very much money to come to the table and really make a portfolio and make some money for
themselves this allows for that same type of thing where you can come to the table with
you can come to the table with a dollar, $10, $100, and actually build a $4,000, $5,000, $10,000 portfolio
in an area where that type of money is incredibly life-changing, right?
So we got to see it play out, so I'm happy that we did that.
We're going to go to crypto again.
We're going to go to the filter button.
We're going to sort by ending soon.
And here we have what is Bitcoin going to be.
What's Bitcoin currently at?
Bitcoin is dropping a little bit.
Let's see what kind of range it's been riding through the last month so the lowest
it's gone in the last month is 65k the highest it's gone in the last month is about 75k so about
a 10k difference and then right now it's kind of sitting it's about maybe sitting about its previous low of about 67k. Is it going to go lower? I mean, it feels like the
market's kind of heading in that direction right now. So here we are. Let's see the most we can
bet on this one. $19 is the most we can bet. That's a 1x leverage one. But for now, let's just
look what we're dealing with. Looks like a lot of people are expecting it to be in the range that it's currently at um which i don't necessarily here's an interesting one so a lot of people are saying
uh the blue but if you look at the red just underneath that which is not a massive difference
it's six percent so if you even if even if it goes just a little bit higher than what a lot of the most
people are saying, the 6%, that's probably going to actually turn the largest bet. It's going to
turn the largest profit because it's a 6%, right? So if you go to the 6% and then say you bet,
let's say $10, let's try $10 and see how much if there's a leverage aspect there too.
Here, this is what we'll do.
We'll put zero and then we'll put one.
We can do a 1.7x with zero.
Wow, that's an interesting one.
I can bet a dollar and I can.
Okay, so hold on. Let's slow down here for a second.
at 1.7, or sorry, at 7.5. I'm going to delete the leverage for a second, and then I'm going to put
10. Okay, so with 10, I'm set to win $54, right? But with one, if I hit the max, I'm set to win 37 so it's about like an eight 17 18 difference in my yield but i'm um i'm
gambling nine dollars less of my money what was the what was the max leverage on 10. there i don't
think i can leverage on 10 or maybe i'm wrong one second one second i could be wrong um i have to unselect this
i have to select this 10 yeah the max leverage on 10 is one let's try five i can do 1.5
so yeah i mean hayati can explain this a little bit more, but it is based off the liquidity that's in each bet.
So the tech itself looks at how much liquidity is in the bet, what percentage the actual bet is, what percentage the prediction is currently at, how much money you're actually putting in the pool.
tech, you know, to be able to actually work all of this stuff out and make sure that all
the payouts are correct and everybody is getting their percentage based off of, you know, their
payout based off of the percentage that they come into the beta. So yeah, but I mean, Hayati,
you can explain that a little bit better than me. And also because we have stop levels and,
you know, leverage, if we have like everybody trading a thousand dollars on a on a on an event where there's not enough
liquidity and one trade can stop everybody out so that's why um uh we're trying to um
give people a fair amount ticket size so that we don't affect other users uh but of course it's a
chicken and egg if we uh as as soon as we bring in more people uh more funds that people are trading on of course
this problem will be extinguished okay makes sense i i don't know man like if bitcoin's currently at
67.7 i don't know if i want to make this bet even if the payout's high because I like it feels like
the market we okay so last time we were upon the weekend um market dumped didn't it or was
it the other way around like Trump said some about I don't know I feel I feel like there's
definitely market manipulation happening not just in the crypto market, but in the stock market, which is correlated.
That happens when trading is close.
I was kind of thinking more along the lines of Bitcoin goes down another 1K.
How spicy are we feeling?
What does it look like here?
And then let's put max leverage.
Just as a UI suggestion, guys,
I would maybe put the leverage above the cash.
That's just something that popped in my head because it does seem like it
intuitively makes more sense for you to pick the amount of left.
Actually, maybe I'm wrong.
I understood what you mean.
In this case, if you bet a dollar, you can do 9.7 leverage, which is basically a 46X on a dollar.
I'm not going to lie initially, guys.
I was thinking, man, these don't let me bet that much money.
But as someone that likes to make micro bets with high upside, like making a bunch of
little bets, it's kind of fun. It's kind of fun. You don't, if you lose, you don't feel like you
got super wrecked. And if you win, you know, you get. This is the brilliance. This is the
brilliance of the tech itself and what it allows. Once adoption hits in Asia and there's a huge
amount of users on that, they're doing $1, $10 bets, then that allows for,
you know, bigger capital to come in and actually be able to place, you know, $100, $1,000, $5,000
bets at that point, right? So it's about user adoption. It's about being able to allow for
people to access the platform and make those type of bets. Because yeah, taking a dollar and turning it into
$36 on this bet is quite a substantial amount, right? You know, if you take, if you do that
five times, right? You know, you're in a pretty good position for someone that's in Indonesia
or in Thailand or in the Philippines or wherever, right?
thailand or in the philippines or or wherever right so guys i'm a slow learner but i do learn
if you could hide to explain to me one more time because i think what you just we just broke down
matthew it's brilliant explain to me one more time why polymarket and cal she can't copy this
can't copy this all right because they are based on order books and um so they they they are market
making their own uh each and every one of the events that they have on polymarket will btc
will us hit iran all of these they are providing the liquidity for all the trades that go on
us hit iran all of these they are providing the liquidity for all the trades that go on
and because the liquidity for each event is very small uh compared to for example futures trading
where leverage is available they can't just offer uh liquidity uh offer leverage on everything
because it will increase the price exponentially and they can't they'll just stop everybody out
um and that's why we're controlling the ticket size for the uh for for leveraged markets so that
they don't stop everybody out all right we're gonna make a short clip out of that because i
think it's i think the you know explanation is really important and i think once people wrap
their hat wrap their heads around what distinguishes you all from
these two juggernauts, then they can see why a potential third juggernaut of Asia can pop up
through every X, can rise through every X. So exciting stuff. I think it's important to note
as well too, for prediction markets across the sphere, whether it's Polymarket, CalShe, EveryX or any other prediction markets, liquidity is still something that needs to be solved in general.
It doesn't matter if it's EveryX, Polymarket, CalShe.
This is still something that's looking to be solved, that is evolving over time.
that is evolving over time.
And so there's certain tech,
there's certain liquidity providers,
there's certain aspects that we're testing out at EveryX
that Polymark and CalShare are testing out as well too
to be able to solve that.
But this isn't just an EveryX thing.
This is also a Polymark and CalShare thing as well too, right?
Because where you have people that are incredibly degenerate
that want to place $1 million, $10 million bets,
like that currently is not possible in Polymark or CalShea
or any of these places because of the liquidity aspect, right?
So this is something across the board that's still being,
And it's not just for Everrex,
but it's very important for Everrex as well too
because of the leverage aspect
and because there is more of a degeneracy type of aspect to the actual leverage component to the platform.
I understand. And you guys are currently doing referrals. You guys have a lot. You guys have a lot coming up on the roadmap.
Are there specific points that you'd like to highlight and share with the audience?
Are there specific points that you'd like to highlight and share with the audience?
Yeah, of course we have the referral program.
And if you refer a friend, you get $10, the friend gets $10, and you also get to spin
a bonus spin where you can get max $250 bonus credits.
Like you asked, of course, we are looking to do a point system in the future like what backpack did
what all the other decks are doing as well but that is going to be in the future and of course
I know how people like it as well so we are creating this right now the point system but
that is going to be in the future brilliant when can we expect the point system? The point system, we'll have to say in the second or third quarter of this year.
And what do you guys have coming up in terms of competitions, if anything, in terms of, yeah, ways to onboard
people during the World Cup and times where people are going to be betting a lot.
Great. We just concluded our leaderboard campaign as well. A lot of people joined. I don't know why
it didn't load. It could be on my end. I could be, I don't know, because my Brave browser sometimes doesn't work.
I don't know. I think I'm sure it works for you guys.
All right, cool. So we're doing a lot of ways for people to come in and trade. We're going to do
another leaderboard campaign as well. We're going to host one of our own eSports tournaments.
We're going to have actually a trading campaign as well where um an ai is going
to trade alongside a humans and people can trade which one uh gets the best pnl uh in the next two
weeks uh we're going to host these campaigns where people can trade on events that we actually host
and that's their plan on bringing people together and prepare for the world cup brilliant okay wait so this ai that's
going to be trading against humans is something that you guys have designed yourselves uh no we're
working with uh an exchange which uh the founder of this prediction market um is the owner of as
well um and we're doing a trading competition as well. And Hayate, do you guys have a mobile app?
No, but I think our site is pretty mobile friendly.
And Apple has big regulations about prediction markets,
so it's really hard to make apps right now.
And so if I have friends that want to bet,
because I have friends that are big into the NBA,
and if they want to bet on some of these NBA games, they would just go on their phone
and sign up with their email because you guys don't require a wallet connection.
To register, it's not necessary.
And then your eSportsports competition tell me more about
that and you know what games are going to be what games are going to be covered actually um this is
in vietnam and uh we partnered with one of the biggest uh esports teams over there and we're
doing a big um we're actually starting this championship uh with which game was it i'm yeah um but
the whole vietnam um uh esports community is coming together uh to compete in an um esports
tournament that we co-sponsored that's happening next month actually yeah when when next month
month actually yeah when when next month um it's the preliminary's already started and the finals
are coming actually exactly one month from now like april 27th april 27th okay and
maybe it'd be cool to go do something there live have you are you guys are you going to be there
or yep i'm going to be there of course very exciting maybe maybe i can
fly there and we can do something fun live because i'm i mean you know i'm a i'm a non-stop flight
away from johar to where in vietnam um i think it's in hcmc okay yeah i like saigon but it sounds cooler, but we can call Ho Chi Minh City. No, no, Ho Chi Minh City next April, about a month away from now.
Maybe I'll swing over there and we can do some content, some live content on not just
the Everex platform, but the event itself.
Yeah, I think that would be really cool.
Let's see you face to face as well. Yeah, of course. Of course. That'd be awesome.
All right, gents. We are at the top of the hour. We can keep going if you want, but I believe we've
covered everything and, or most of the things, not everything. And if there's anything you want to
add. Let's look at one more bet. See what the most popular bet is now on the platform.
let's look at one more bet see what the most popular bet is right now on the platform
uh you want if you want to keep me on video man i'll i'll do this for another hour this is fun
okay all right let's let's go go to the go to the um uh sorry the filter area
the filter area there we go okay and let's see. That would be hot, right?
No, that would be total volume.
A little crude oil set on March 31st.
That's four days from now.
what's that do you want to do crude oil where we'll accrue to set on yeah it's opened it up this
is a this is a relevant one yeah okay so i like these ones as well too because these are the more
popular ones and there's a little bit more liquidity so you have a little bit more space to
like do maybe higher bet amounts and then also a little bit more leverage.
So what is crude at right now?
Crude oil price is at 91.
Why are people – people are really betting on this shit going lower, huh?
You're like, what the fuck?
I don't know, dude. Maybe I'm missing something,
but I just feel like things between the US, Israel, and Iran are getting worse, not better.
Okay. So what's crude at, sorry? Crude, it says it's at 95, unless I'm looking at the wrong ... Can you also check just to make sure I'm not making a mistake here?
Brent crude oil, $109 right now so it's at 109 so wait look at the 110 to 119 is eight percent
right now so this is this is end of month what it will end at um yeah in the month
what's the date right now you you had a different price
am i looking at the wrong yeah i don't but i just i googled crude oil and it gave me and then i hit
it's a trading it's a crude oil price it's a trading economics and then i clicked on it
and it said crude oil commodity is that nine it's 95 yeah sorry i got the same one as well okay so what where are
we it's i was looking at yeah i see brent crude but yeah that one's a 109 yeah sorry got the wrong
one all good all good okay so 90 to 90 to 95 right Yeah, so really the question is whether in the next four days the Strait of Hormuz is relaxed or not?
Okay, so there was news that came out today that Pakistan was actually bringing oil through the Strait of Hormuz
and flying its flags and stuff.
And Trump made an announcement saying that maybe Pakistan
could be a part of the actual negotiations of opening up the strait. So we have how many days
until the end of the month? Four days. And it's at 90 to 95. So people are saying it stays,
it goes below 90 is 24%. So it drops. I have a feeling that it might go up and we're about it's Friday. So
the big thing that we'll actually choose is probably Monday, Tuesday and what happens over
the weekend. So it seems like positive news currently right now. And we'll see what happens
over the weekend. So Monday, Tuesdays, end of month, I would say it's going in a more positive direction based off of what Trump said today
and Pakistani ships going through.
So maybe the price goes below $90.
So I legit asked ChatGPT right now.
I said, do some deep research
and tell me what you think the price of crude oil
So the base case is that Brent is between 102 to 110 and then WTI is 90 to 97.
Is WTI the one that we're looking at?
Crude oil is already trading at crisis level w2i is what we're looking at the 90 to 95 he said it says it probably ends near 94 um but it's bearish.
So yeah, best estimate for March 31st for WTI is around 94.
Give me worst, base, and best for WTI.
On every X, most people think it's going to go to $100 to $119, so it's a bit off.
I was also thinking it's going to go higher, but I think GPT... Okay, so worst case, GPT says WTI 105 to 120 plus. What would cause this? Strait of Hormuz disruption worsens or extends.
Strait of Hormuz disruption worsens or extends.
Even partial blockage persists.
Direct strikes on energy infrastructure.
Iran, Gulf producers are shipping.
Market panic and options.
So I think because it's a Friday and we have a couple days, it's kind of like there's a little bit more risk to it because anything could happen in like saturday sunday basically because there's positive news today which makes me think okay the
price could go down and open up on monday lower but anything could happen in two days it's clear
right um so i'm on i'm on the side of saying it's going to go down but it's kind of risque
because anything could happen on a saturday and sunday i think i think i mean i but it's kind of risque because anything could happen on a Saturday and Sunday.
So I want it to go down because I want things to get better, obviously,
and I want this nightmare to stop.
I just feel like this 8% one is the one that I'm probably going to, well.
So that's up $15 minimum.
That's pretty high in a couple of days, right?
That would need to be like there was some pretty bad news on a Friday going into the weekend.
There's decent news on a Friday going into the weekend. There's decent news on a Friday going into the weekend. So if it does go up, that's where most people are betting on the 100 to 109,
the 29%, right? Because they're seeing an increase, but not a massive increase, right?
So if, for example, it's 95, 90 to 95, but you see a slight increase, that's where the
90 to 99.99 would probably be like,
you know, maybe the most could potentially be the most reasonable if you see it going up,
but not too much. Wow, you could bet 100 on this one. I think I know what do you guys think? Should
we go with 90 to 99.99? See how much see what you can do for $10 or $5 or $15 and how much leverage you can do.
I can't even leverage on $10.
You can't because the max trade size is $177.
Sorry, let me just do this.
I think the leverage is used up.
Huh? Yeah, the leverage is used up on this outcome. That's why.
How do we check it? It shows you how much leverage you can use depending on the outcome. And it's all depending on the liquidity that's inside
each outcome okay so most there must be like a decent amount of people that are using leverage
on this bet exactly because if there's too much leverage being used um there's just no liquidity
and people just pump up uh the pool without any any cash inside so we have to uh limit the leverage as well but
the only the only outcome that has one x leverage is the one that you're you're um
probably the other outcomes offer leverage okay well well every x kindly every x kindly provided
us with this balance so i'm curious to know what you think about the outcome and how much you think that we should bet.
I'm pretty pessimistic, and I would go with the yellow one around 110 to 119.
See what you can do for leverage on that one.
That's a fair, let's see, max leverage.
Let's see $1 and then max leverage 10x
see see what you can do for five or ten yeah i was gonna say this is uh let's do 10. i'm not
really down for the one dollar bet on this one oh here we go here's something hot 10x leverage at 10
bucks see about c15 so max trade size is 30 so you can go up until 30. yeah oh okay sorry the max trade
size okay so you can do 30 30 really quick where do you where are you seeing that max trade size 30
uh right below cash the where you enter the cash amount oh yeah okay sorry yeah yeah oh i see i see
i see let's go Let's just see.
When you click on max, when you click on max before you put anything in,
it shows you that the total amount that you can bet at max levered. I see. I see. I see.
Okay. So you can do max amount is $30.35 at 10x leverage, which allows for you to get a 3.6x, basically.
So you can, yeah, you can take your 30 bucks and 10x it.
How much are we doing, Hayata?
You're in Malaysia, bro bro you're about to pay your
full month of rent here that's it's weird for me to like not that i really hope we're wrong and we
lose this money because i i just that just means that things are going in the wrong direction but
yeah but your traded probability oh you have to place your order first.
Man, I'm not a gambler, but this platform is giving me...
This is how they get you, by the way.
By the way, guys, gambling is bad.
But if you live in the Philippines or Malaysia or Indonesia, then you can pay your full month rent in one bet.
We have people in those regions. Don't do it. Don't gamble.
So let's see. It just changed the odds substantially.
So we went to 69% based off of liquidity that was added from that one bet.
So now everybody that takes part in it after this is going to have more opportunities
and some of the other percentage bets.
Yeah, and you're traded probably to 62% and your stop level is 33%.
I don't think you'll really have to worry about that because that's a very substantial amount
no that's not bad at all so as long as you're you know you have a good you got a good margin there
as long as you're uh the better obviously the prediction turns out um which is the difference
uh that's quite a substantial difference i mean that's uh 15 that oil would need to go up so something pretty substantial would need to happen
um over the weekend basically and then into next week why don't we look at one more thing as well
too with the leverage aspect where you can actually uh hi if you want to give him some
guidance on how you can actually create uh the margin uh you can affect your margins by adding
the margin, you can affect your margins by adding,
you can add more of a bet to make your, your.
Yeah. But you'll have to go to portfolio. And I remember, okay.
You didn't want to show what you traded on.
I do not want to show that.
Well, this is, yeah, this was good. I'm happy that.
Let's look at some of the other uh popular trades as well too let's just see what what people are doing what people are
like if you guys want to do this multiple times like if you guys want to do this once a week or
just bet on like i'm happy to hop on and do this because this is like this is fun it's like a game
for me i think we're getting some clipper gold i think we're getting some clipper gold here as well too so yeah we can do it again as well of course for sure and i'm sure
you guys are going to be making changes to the ui and adding things and i think it will be important
to have more of these and you can use this for your own promotion this video clip it make shorts
use it for your own promotion as well we can what platforms is this streaming
on right now so we're currently streaming on x only on the wheel talk account and then we have
it retweeted on our mobi account however we can also stream on twitch i've been streaming more on
twitch recently just but just playing video games just just playing just for fun, playing World of Warcraft.
But there's always, you know, always stuff that you can do. I enjoy streaming and I enjoy,
I get excited about things. I don't really hide my, I don't hide my excitement on camera.
I think what we should do is next time we should, we should do a stream and then we should place,
Next time we should we should do a stream and then we should place we should maybe do like a poll on some bets that your audience would like to see.
And then the next stream we could actually get users live to come on and take part in maybe like a liquidity competition or something where users can actually come on and place on, say, one or two different bets that your community likes to see and see you know who comes on and
takes part and um and based off of the volume that they put in or we could decide a factor
in place and actually do something live i think that would be really cool i mean we it wouldn't
be able to close live but we could see you know live and then then after maybe it's something
that closes the next day or no for sure that that sounds that sounds great
um and in the future i can actually make a second account or i can make another account where i put
the the personal bets on so that i can actually show up this and we can we can talk about that
interface and how that works also the mention markets too that would be great the mention
markets hold up what what do you mean by the way i do need to leave in about a few minutes but
mention markets is all about what will trump say during um um trump's speech will he say china will he say um japan whatever and if he says it
um says it it's it's a win i got you that's fun cool well you all thank you for joining
hyette matthew every x seems like a again as title says a new kind of prediction market
everyone watching remember that everything
you hear on our broadcast is meant for educational purposes only nothing is financial advice we do not
advocate or support gambling we you know gambling is very addictive and so just
watch this and use these use these platforms at your own discretion.
Thank you all for joining again, and we'll see you next time.
Thanks for having us, Noe.
Take care, Matt. Thank you so much for having us.