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FLOW Rewards!?! on Coffee with Captain #958
Recorded: Aug. 5, 2025 Duration: 2:02:28Space Recording
Short Summary
The conversation highlights the ongoing trends in the crypto space, including the transition to Web 3, the excitement around NFTs, and the potential for a second DeFi summer. Key discussions include the importance of community engagement, the significance of strategic partnerships, and the evolving landscape of decentralized finance.
Full Transcription
Hello, hope you're on Web 2. I was living a dream. Now I'm on Web 3. And it is with it seems. Topping the pyramid schemes, I'm telling you. I'll sell you a percentage on Nebula. Shout out to Viz, yo, set it up.
NFT, Twitter, blockchain. Team with the ghosts and we balling like the brown chain. Crypto, crypto. We can make a trade, get the Mimos. Reviews not falling for the FOMO. Listening to Coffee with Captain. You know we were a wide-day loco. I ain't never gonna stop rapping. Orlando, you know. I'm on web three, and it is with the seams, top in the pyramid schemes,
I'm tellin' ya, I'll sell you a percentage on Nebula, shout out to Vince, yo, set it up.
Breaking the mood to choose one, but it got knowledge to move, son, I'm shakin' in shades
with my brother in suits, yeah, them blues is comin'.
Even though it's hard to pick, eenie, mighty moe, soda on the mix, no biting lips, it's time to go, get next number one, noCoin, where we dive into all things crypto,
NFTs, Web3, and cutting-edge technology.
Remember, nothing here is financial advice.
Early-stage tech can be exceptionally volatile and risky.
So grab your coffee and join Cap and Steve for today's conversation.
Welcome to the future.
Welcome to Coffee with Captain, I think.
Can you hear me on audio spaces?
Yeah, thumbs up us if you can hear us on the audio space.
I know there's a little bit of a delay.
Looks like it's coming through.
I think I hear it.
War Room really let me down this morning.
I don't know what the hell is going on there.
Shout out to Thomas.
Like, usually we get 15 people that jump in to help when I need a mic check and
Worm is just sleeping, I guess this morning.
Yeah. I think we're in a, I think, I think we're in good shape though.
I just, before I, before I go, I,
I need a confirmation that the audio spaces is working just fine.
Everyone looks like the, looks like we're getting thumbs up. So.
So you didn't do the app do your abstract video this morning, though.
I just started it.
I forgot to change the title.
Sounds like we're
coming through.
How is
the...
Yeah, we're getting a bunch of thumbs
ups in the audio spaces. so I'm guessing we're
doing okay there how is
the quality is it
does it sound like normal or does it
sound sounds really good to me
all right well let's roll with it we are
cordless so everything's connected so
what do you do differently well we're cordless we're
we went old school bluetooth so
it's not optimal
audio quality.
Payne's going to be a little upset on the recording.
But kid you not, like, yeah, I, I, my troubleshooting, I thought that one of these little, this is, this is a piece that's needed to pull off this entire
contraption i've got like 17 cables hook cook it into different things here this little lightning
cable hold up you know what i may i need to search around i think i have one of is that like the
i may have one of the that's not into a usbc right it's it's lightning lightning and this is
the problem this is the problem like
here's the original here's the one that we i was using lightning to us to 3.5 millimeter jack
you can see now the problem is they don't make this anymore apple stopped making it
they only make usbc to 3.5 jack now because that's the new iphones the old ones like and i have like a 14 pro or
something it is lightning instead of usbc so you can see on all the i i bought i kid you not i
bought eight of these cables yesterday eight i tried eight we tested eight of them this morning
none of them work so thank god amazon returns are. But you can see the difference between OEM on the top here and aftermarket on the bottom.
They're not the same size.
They shouldn't matter.
They should work.
Long story short, they work fine if you need it as like an aux cable.
But for whatever reason, it just doesn't work with the RODECaster.
with the roadcaster and so long story short i have to find a three and a half to three 3.5
millimeter to lightning cable adapter that's oem and okay so i may have you covered i think i have
one of those so i used to have a pair with my beats yep by dre that back in the day when i
would listen to i don't know why i had to say by dre apple but it acquired them i know i think
they're beats by dre still are yeah are. Yeah, I think so.
But I think they even were back then like super
by Dre. Like they weren't necessarily done that. So
by the way, give us a like or reach me to comment to the room.
We've been troubleshooting the tech thing. So
we kept running through if you're listening to the space.
There's a single tiny audio cable that
you plug a sort of traditional
set of headphones into
that would then be a lightning cable.
Apple went from lightning to USB-C, as he's saying.
So because of that, this cable doesn't exist anymore.
I may have one to send to you, which is actually interesting timing
because I need to get your address for something anyway
because somebody DM'd me about potentially sending a fun little care package.
And they asked me to collect your address.
So text me your address again after the show.
I know you've sent it to me a gazillion times but i want to get in handy but i'm gonna look around because i literally just i
think i was using my beats to go travel remember when i traveled with my mom and i traveled a lot
in june i had my beats because we were streaming and then i realized i couldn't use them because
i i don't remember why i couldn't use them for some reason but like they didn't work for some
oh they weren't charged but when i opened up, I had one of those in it
because back in the day when I used to travel on flights a lot,
I've gone to the AirPods exclusively now
because they have a good enough sound cancellation.
So I think, I think somewhere in my room,
it's going to be, like, finding a needle in a haystack,
but I don't think I threw it away for whatever reason.
I think, think, think I have this cable.
If not, Dawn may have one.
And we will get it over to you and we will get this fixed.
I mean, the irony is not lost on me that I'm looking here.
If you count the Rodecaster, the phone, the MacBook,
like not quite five grand worth of equipment.
That's really high.
I mean, like maybe brand new pricing pricing maybe like four grand of everything and it's a eight dollar cable is the is the issue yeah it's uh it reminds
me of um i feel like was it when the power like went out in like the eastern seaboard of the
united states and it was like a squirrel dicking around on a power line we thought we were our
grid was attacked and it turned out it was some sort of very,
very benign thing. Do you remember this?
It was like...
God, it must have been
15 years ago or something.
There was this huge power outage
on Eastern Seaboard, like New York,
all these places. I think we experienced it
in Ohio. It was a huge power outage.
Everyone was like, the grid has been attacked!
The terrorism has come! And it was like something
very benign.
Again, something as simple as
a minor... It wasn't like a squirrel
screwing around, but it was something relatively minor where it was like
they didn't update some power
lines.
They, you know,
would shoot out and it fell over
or something. 2003 says be epic,
so it was 21 years ago. Jesus Christ.
We're getting old, man. MeshMesh says North Korean squirrels. Good point! fell over or something. 2003 says be epic, so it was 21 years ago. Jesus Christ.
Mesh Mesh says North Korean squirrels.
Good point. I like the thick of their Mesh Mesh.
Mesh Mesh is our people.
Speaking of things that are broken,
I hate to say this,
but I think we've gotten rugged by
stream. There have been unresponses.
The thing has not worked. It's not connected. I don't know if they didn't
pay their X API bill or what, but it's not worked for a few days now i sent a message to
the team unresponsive sounds like the discord is having to melt down like 2021 nft mint style
and i don't know what to say i apologize anyone that's been grinding those stream jobs it looks
like we were just doing that for fun uh i was expecting at least some sort of i had not like
extreme expectations of anything,
you know, thousands of dollars, but I thought we'd get a nice little stimmy
for our listeners who've been playing.
And I don't, I mean, they're funded.
They're funded by like Animoca
and a few other, you know,
decent crypto native businesses
and funds behind them,
but not looking good.
Maybe it's just a hiccup, but the lack of response doesn't have me too confident.
But shout out to BeEpic and Von Fronten.
I appreciate the tips today.
Actually, the tips today are like extra special because it was supposed to be Steve's day
at Abstract.
He has an early out.
So basically, it's a double whammy.
Every tip today in Abstract, not only is it meaningful for me, you're literally taking from Steve and giving to me.
So it's greatly appreciated.
It penalizes Steve for him bouncing an hour early today.
Yeah, it's definitely, I thought about it,
and then Cap was like,
I could just leave Cap on the stream,
because maybe I'll come back.
I don't know.
It just depends on the timing, but probably not.
So probably hurt on it.
I didn't even share with you.
I believe we have a guest joining depends on the timing, but probably not. So like probably hurt. I didn't even share with you. Like, I think we, we,
I believe we have a guest joining us at nine today to a new, um,
uh, making its way around the Twitter verse and, uh,
shut up mesh mesh mesh mesh was, uh,
I think he gets the assist on this one. So, uh, we'll see.
I need to confirm before I say that I'll confirm,
make sure that the team,
but I think they're going to join us right when you, uh, head out.
And so it'll be a smooth transition.
Lurky.
They're like Info5, but actually counting spaces and stuff.
They've been around the chat for a while.
I kind of blew them off.
I didn't know if it was like legit or not.
And seemingly they've continued to build.
So yeah, gave them a follow back, chatted with the team,
and yeah, I think they will,
I think they're going to join us around nine today.
That's perfect.
I'm glad they're jumping in.
They're familiar, though.
You've seen it?
Yeah.
It does like spaces recaps and stuff.
Yeah.
Yeah, we need to figure out
they're running some sort of a campaign
or some sort of a thing
that I got to get involved in.
I don't understand how to sign up. I clicked around on it, couldn't figure it out you've done more than me you've done more than
me but i will um there's actually a couple things we we need to get we need to stop talking we need
we need to get figure that out because i did the same thing i haven't i mean played around on our
site yet but they're doing a campaign that i think will be good for not only us but our listeners
more importantly and we i don't. Have you done Towns?
Have you got your Towns account set up and everything?
We need to stop sleeping on that because their TGE
is today or tomorrow.
I'm pretty sure it's not just Moonbirds.
Right now, their current pre-market value,
it's like over two grand airdrop for every Moonbirds. I think Mythics right now, their current pre-market value, it's like over two grand airdrop
for every Moonbird.
I'm guessing Mythics might be like $200
maybe, assuming they're included.
Beyond that,
I think Towns is doing some good stuff and
that's one we should
stop sleeping on as well.
They've been supporting us from the jump.
That Towns account,
the official brand account is in here a few times a week yeah i need to um although i just went to log in with x
and it did not work probably because they're airdropped today so a lot of people are doing
that i need to connect some wallets i mean the problem is i think anyway um you need to connect
wallets and like a lot of the stuff where they're like the towns are for it's like
they support delegate which is good
so i'm gonna see if the delegate links both of my wallets it's been funky for me recently i don't
know what's going on i get what's up like delegate used to work flawless for me i said i've got one
hot wallet that i use and everything else that's important i've just delegated to it used to be
flawless i didn't have to do anything i just it just worked. I'm a little bit embarrassed I haven't set
anything up here yet because that was really easy.
I went to link wallets and support delegate. I linked my
hot wallet or my warm
wallet and it linked
both of my accounts. So I should get credit
for everything right there.
There you go.
It's got the towns
you can explore for free, the ones you can join
for a little bit of money.
So I need to look at it.
Yeah, I've seen some stuff on there.
I've seen... I've gotten the...
I've gotten the download on it.
I just need to dive in a little bit deeper on it.
I get the idea, and it's built...
It's sort of like communities built for Web3.
It's a cool idea.
And I think, similar to how I'm really bullish on...
How is it different than discord or telegram i think it's like built from the ground up with
the in mind of token gating uh monetizing ways to like almost subscribe to join ways to pay to join
isn't telegram similar though can you do the same stuff with telegram uh i don't think so i i don't
think telegram is quite as sophisticated there i don't think it's made with that back end quite the same so i'm excited we'll get them on at some point i think
we should post tge for sure um see what that's about i haven't been doing tge things uh of
things in sorts uh on there so i probably getting them looking tan i think it's i can't this is
hilarious i'm having a i'm having a week, this little thing has been the bane of my existence.
This, this like, I'm going to, I'm going to tape this on my MacBook.
Just remember, like,
don't be frustrated over little things like, like two inch long cables.
This, this thing has been the bane of my existence.
And I lost the remote for my LED lights.
So we're going, we're going without the lights but it's i guess if it's
it's the salmon shirt combined with the lack of lights as soon as i said salmon shirts do you
know who i thought of ryan carson that's not dude that's not salmon that is that is pink at least
the way it's coming across like that is not salmon that is barbie summer pink like like if
the barbie move were coming out i'd be like why didn't you split the wealth i would wear the pink too uh so that's what that is um i need to
work more color into my life i get compliments when i wear color i tend to be black and gray
a little bit um black's my favorite color to wear but my son i noticed this on too we got him a
couple green sweatshirts a couple light blue sweatshirts recently pops on the kid looks good
in it uh so probably need to bust
out more color. Whenever I do, I get more
compliments. But there's not enough color in
Web3. Most people do black and gray.
Also, I spill coffee.
So I have a buddy
who makes t-shirts, and he's making me a
Los Pollos Hermonos t-shirt.
Or, is that it?
Yeah, yeah. And from
Breaking Bad. And he's like what color and he
offers me like 27 color options and i'm like i gotta go with the black and i didn't tell him i
i don't think i told him the reason is i spill coffee way too often uh so occasionally i spill
coffee on my shirt but you know where i spill coffee most frequently where's that i just i i
i'm a wreck like i spill so much coffee on the floor because I just, I feel my coffee.
I should feel like half full when I don't. And I just, I don't know, man, like the whole like move fast and break things.
It's like, it's not just a phrase.
Like it's how I live my life.
Like I go at, like I walk fast.
I talk fast.
I walk fast with coffee in my hand.
I fill up my coffee.
I take my dog out and he, I opened the door and he sees a squirrel.
And I'm like, I probably pour coffee, like not just a little drip like a good amount of coffee on the floor
at least twice a week yeah i'm um it gets right on me like i was wearing and thankfully this is
the primary reason i have wood floors is because i like the office actually is is carpeted and
yeah i'm sure there's like 17 coffee stains on this
floor all the other all the other floors you can't tell because it's easier to clean up but yeah the
coffee like my ability to spill coffee on a regular basis it prevents me from having carpet
or ever putting ever installing carpet in a home again yeah i think um your reason for having wood
floors is the same reason i wear black clothing because the coffee stains don't show up so handshake emoji on that one that's
just my like the good vibes club the really nice white good vibes t-shirt or sweatshirt
and t-shirt for that matter i will not wear out to eat i will not wear to drink i mean i can't
wear out of the house because i will um if i do decide to go to that penn state whiteout with
bunch who maybe i'll wear it to the Penn State Whiteout,
although that's a terrible idea.
That's a guarantee to get screwed up.
But yeah, no, I literally got a cold brew.
I'm down to the bottom where it's just like the ice.
I take the top off.
I go to sip it.
Coffee explosion all over the shirt, like little drips.
So anyway, I am an absolute mess.
How about this? i'm actually drinking
out of the move fast and break things mug today not i did not plan this i just realized it's after
the fact yeah it's uh it's uh yeah it's it's for sure it's um and cool brew i'm not a cool brew
kit i'm not a cool brew person i like my coffee hot and um i've shared before like i shop at tj maxx or buy like this was an amazon
prime special steve this was like just not a good t-shirts and i don't know it's like a three pack
for 20 bucks or something like sweet um i also i also am a sucker for the public's buy one get
one free and they had some bougie cold brew coffee that's all the zoomers are drinking all
the kids are drinking and it was buy one get one free and so i like how you're like talking about cold brew coffee like it's a thing that's a phenomenon for
zoomers well this brand is this brand is very much a zoomer like my you know how i know it's a zoomer
brand is as soon as my daughter saw it in the fridge like oh you got the good coffee it's like
she's dialed into like whatever's cool in the in the world of the younger kids and this is the cool
coffee so i'll go grab it here in a second and show you because it's apparently if you want to
be hip and cool this is the coffee you drink now it's also extremely caffeinated it's like
concentrated coffee so like a small 10 ounce 12 ounce mug is like nearly 300 milligrams of caffeine
so um it's probably not a good thing that our our younger kids are are growing up to be extremely
caffeinated.
Yeah, maybe not.
Shout out Jambert in the chat, and then we'll dive in for a second here.
It said straight black coffee all the way.
Same Jambert.
Apparently Ohioans straight black coffee.
Well, cap straight black coffee unless Andrew Huberman says to throw a stick of butter at it and then caps all over that.
But like outside of that.
Yeah, that's like a good coffee. That's like a
supplement for me if I do the upgraded coffee.
I guess the basis coffee, but I don't
do that every day. I just cycle through it
and I'll get into my kick. I haven't done it for a while,
but if I'm just drinking just coffee,
if you drink good coffee, like black coffee should be
enough. Like you shouldn't have to pour a bunch of creamer.
Good coffee is good.
By the way,
I think I'm going to have the best coffee in the
world today i've got a uh a lunch meeting and um i found a new cuban cafe in saint pete so i think
uh i think colada is on my my agenda today so i should go easy on the caffeine this morning
because i'm probably going to have like a thousand milligrams around lunch i know what those coladas
are like i was ready to climb a fucking tree
when you gave me one for the first time.
We did a live show.
Cap and I did a live show down at Arpozzo in Miami
at Fun Dimension,
and a bunch of people showed up.
We had coladas.
We had some breakfast.
It was a nice little event.
Had some good people show up,
and I literally was looking at a tree
being like, I bet I could climb that tree.
It gives you...
The problem is I think I had one, and they're so small that i think i had two maybe even three at that point
and i just like it's just like it sneaks up on you it's like sort of like when you take an edible
and you don't feel it so then you take another edible and then you're like uh oh so i think like
i did that with coladas uh so yeah can't be careful because there's like a judd apatow movie
of me having a colada in a business meeting and ruining everything for everyone that exists out in the wild somewhere.
If you're not familiar with coladas, this is how they're authentically served is in like a small, this isn't even a full styrofoam cup.
This is like a, like a short styrofoam cup, like four ounces. And then they give you these small, like little, I don't know. What would you call the little cups? Like a, like, like something you get.
It's like a shot glass, like a little mini shot glass.
Like something you get like creamer in at like a restaurant,
like that size of a cup.
That's how you're, like, it's a social thing.
Like you're supposed to like, when I got introduced to Colada's,
I was in Miami, I had stores inside of,
I had phone repair urgent cares inside of Brandsmart.
It's like a six, store regional best buy and we're
there one day and every afternoon like i don't know who she was like one of the people that
worked there she was just i don't know her actual position but her her important position was she
was the colada lady and every afternoon she'd bring around coladas and she'd give everyone you
know you want a colada and so it's like it's a very like social drink you're supposed to drink it by just a little shot like one shot and you're good i don't i like to work hard i play hard
i drink coffee hard so like when i order a clata i don't share i'll get the whole thing and take it
to the dome and this is a g-rated show it's not we'll say PG-13. We don't drop the F-bomb too frequently, so I think we could avoid our R rating.
The closest thing I could compare from my understanding, what I've been told, that a colada is another substance that people use to get highly energetic and um i don't know i'm not
i'm not comfortable going here but it's like um it's the strongest coffee you've probably ever
had in your life that's all that's all i'll say and it's it tastes good it's loaded with sugar
it's probably not the healthiest thing to drink at least least on a regular basis. But man, you want a, if you like, if you like caffeine and you like energy,
if you like some people prefer like a harder substances that are white,
this is like the closest thing to that. That is legal.
Yeah, no, it's, it's, it's up there, but I said it would come up.
I'm going to hit the GMs and then, uh,
by the way, welcome to Coffee with Cappen.
We ran right into tech issues, did not even do our proper opening.
Appreciate everyone being here.
Give us a GM in the chat if you haven't done so already.
Head up top, hit the like, the repost, the bookmark on today's space.
The carousel is all the way to the right if you haven't hit those reminders yet.
The X video is up top.
X abstract feed already popping off.
The tips are flowing in over there.
And I will link the YouTube up top here in a second.
Sorry, Steve, go ahead.
No, I was going to say, hitting all the gms thanks to everybody who uh jumped up i'm at least pulling the comments on
to stage as we go we'll go to joey here and then like i said i got a heart out in about a half hour
so we'll dive into some news probably update my little defy journey as we go like good little
segment on the show that we're continuing to do i laughed out loud did you hear rahim on on modern market
this morning no what i miss he goes he was just talking about defy and it's like taking off again
he's like there's people who haven't even gotten in defy yet and they're doing they're educating
other people on defy it's like he got all excited about like the people like he i don't think he was
directly talking about you but it was just like i i laughed because it was like oh like this is
steve's journey right now it's like people who are who are educating as they and i by the way
i think it's i think this is how a lot of people should educate is get in the weeds learn
bring those along with you i think it's great it was just like how he said it it just made me
chuckle like he was basically saying these people don't know what they're talking about charlatans
no i mean he wasn't saying that it was but it was like you got people who've never been
in the defy streets for now educating other people on d5 as it's like this is like an inflection
point like i'm doubling down i think we're gonna get a defy summer too i think we're gonna get a
second defy summer or maybe i thought on that come back to that in a second because i agree with that
and by the way raheem's like my guy and i know he would never say it about me and the other thing is
like he didn't say it about you. I'm saying it about you.
So if you're going to be upset, it's –
But I think like he even wouldn't be saying it in a way of like, oh, my God.
Like this guy is like trying to pretend he knows everything.
It's actually the opposite.
I don't know stuff, and I'm going to like try to like talk about it as I learn
and be very transparent about that.
But I know Joey Vowles is up here.
So I want to get Joey in here, and then we will come back to the DeFi summer thing
because I have some thoughts.
Joey, GM.
GM guys.
Yeah.
I came up on the Colada conversation.
Cause I used to work at nightclubs in South beach and literally right before we would
open one of the like bus boys or like, know uh barbacks would go like two two doors down
and pick up you know the styrofoam cup full of colada usually like a bodega or it's like a
cuban cafe connected to like a 7-eleven i mean i mean there's also like miami subs there's like
also like fine restaurants that serve coladas but usually like the authentic coladas is like The food shop next to the gas station right
Yeah it's like
The little Cuban bakery that sells like
Pastelitos and like
They have like a little walk up window
And it's like you know
Someone's grandma
Best in Manani I've ever had
Oh yeah for sure so and he would come
And he would pour you know and he would walk around
The club and he'd pour like every bartender, everybody, these tiny little, you know, like cap your, your description's correct. If you ever go to a restaurant and you get like the little coffee creamers, that's the size of the cup.
a quarter of an ounce that you would get in this tiny little cup and they would literally sip it
you know like for like five minutes take kind of like little sips of it um and they would be
wired all night and then sometimes you would go to like there'd be a cigar these little cigar shops
also on south beach and you would see these old like latin dudes smoking cigars playing chess or cards sipping on these tiny
little things you know these tiny little cups that barely fit in their fingers of colada and
they you know and then you have tourists that come like you guys and they're like pounding them back
like shots of tequila and then after you've had like three or four of them they're bouncing off
the walls they're they're, they're jaws like chattering.
Cause they don't, they just don't realize like I've, I've watched like, you know, old
Cuban grandmas make this stuff.
It's an art form, like to make a colada the right way.
It's an art form, like the temperature, the way you have to mix it to get that like foam
on top.
But yeah, it is,
it is probably,
you know,
people like,
I drink espresso all the time after dinner.
I can drink a colada.
It's like a total different world.
Expresses and coladas are not even on the same planet.
I agree wholeheartedly.
Like it is like I,
I could drink a quad espresso in feel like a little bit,
not,
but I'd be fine.
I consume copious amounts of caffeine
i should disclaimer man i i've like i'm i'm like i can taste the colada right now like i'm so excited
for this colada at lunch like it is to joey's point there is it's an art it's a skill to make
these things it's just i've made it at home like i my one of my um
uh actually one of my cuban buddies are from his family's from cuba he bought me a uh like an at
home colada maker device and i've made them and they're okay but to do it like the authentic way
it's it takes like the experienced collada makers are they'll
run circles around you and it is it is not only the strongest but i think it's the best tasting
coffee i've ever had well it's because it's got like half a pound of sugar in it so like it just
it tastes so good because the the it it can it could not taste bad when you put that much sugar
and for those that don't know you can't you don't make coladas in a coffee machine.
It's made on like a – what are those pots called?
It's like a prep.
Yeah, like a prep, right?
Yeah.
You literally boil it.
Go ahead, Steve.
Yeah, it's – no, I was going to say it's – I'm going to go ahead and make an Executive decision to get us off Kalata talk
Because Cap's getting all juiced up over here
Getting a little bit too excited about Kalatas
He's pulling up Kalata makers on stream
He's going and
We've Kalata'd with Captain for
About a half hour now, so I'm going to get us off it
I'm going to get us off it just to get into
Some of the stuff, but Cap is just getting
All excited over here, all hot and bothered
Looking at a Kalata maker I mean true story when i i kid you not the day i bought the buy one get
one cool brew at publics they also had buy one get one on the cuban coffee that's like hard press
packed like vacuum sealed and i almost bought that but i'm like i don't need all this caffeine
in my life if i and by the way if i bought two of these things like two bricks of cuban coffee
would last like seven months so i i passed on the cuban coffee from publix to buy one get one deal
in favor of the cold brew and i think my reward today is like here here's the um here's the
question for the chat and then last last thing on, and we'll get to serious business here.
Jeff, what's the cold brew you bought at Publix?
My wife wants to know.
I'll go grab it in a second.
But the last Kalada talk is if anyone can guess the exact amount of Kalada shots that
I drink today over lunch, you'll get 100 bonus points tomorrow.
Drop your guess on how many Kal a lot of shots I will consume
at lunch today.
Steve, I'm going to hand you back the mic.
Get us onto some Web3 business here.
We've got 28 minutes left
before you get a bounce.
And I'm going to go grab the cold brew.
Yeah, Cap's going to go grab the cold brew.
So on my list today,
I got my little DeFi update.
We got up to talk about Adam Weitzman
making a big bet
and purchasing 5,000 other deeds,
mega codas, weapons, Codas, all from
YugoLab directly. What that means,
they use the partner language, feels
pretty interesting. Lots of guesses
in the chat. Teacher Katie on the 5,
Beast Frog 2, Jamberdon 3, Diablito
going 6 on the
guess on Cladas.
Tom Lee announcing almost
$3 billion in ETH holdings. Pretty
crazy.
Again, he just continues to buy that dip.
Phantom acquiring SoulSniper, a trading platform on Soul, making me think that Phantom now may be entering the chat with OpenSea,
Magic Eden, some of these sort of everything apps that we're looking at.
And I think we talked
about wrecked a little bit and why not wrecked a a billion i'm gonna start though by the defy
summer thing that caps did as i've been getting into defy lately um i've been uh thank you door
dorts like any news in web3 i dort saw me trying to get in uh trying to get in on this one and uh
and moving it along. I, um,
the DeFi thing is interesting to me.
So back when we were,
you know, back in the,
you know, like in, say, 2021,
2022, we were
chasing companies.
It is busy.
Busy cold brew is what Cap is showing.
So there you go. That is the Cool Kids cold brew.
275 milligrams of caffeine in a 12- you go. That is Cool Kids cold brew.
275 milligrams of caffeine in a 12-ounce serving.
That's actually, I think, I don't think that's like your daily entirety.
I have to check how many milligrams caffeine in Starbucks cold brew.
I feel like it's like more than that If not the same No it's a 205
In Starbucks
Grande
Is that a Grande Pike
In a Grande Pike
This right here
What I'm drinking right now
That's 20 ounces
Is a Grande
So I see what you're saying that's 12 ounces you said yeah serving so like a regular
cup of coffee is like a regular cup of coffee is like 100 or less usually right yeah uh let's uh
let's say and uh well i don't know google's saying it's anywhere between 120 or 95 to 247. Yeah, this is like 250 plus.
So it's not
crazy compared to a
Starbucks
just Pike Place.
Yeah, the show is called Coffee
with Captain, so stop fudding our coffee talk.
I don't know what you showed up for.
Look at the title, buddy.
Yeah. Cap's spicy this morning.
He's going after the war room. Cap said enough.
What happens when they ignore me? I got ignored for the first time ever i felt like this morning
shout out to thomas again for coming through yeah i was uh i was out i was out and about uh
bouncing too and gotten a little bit later but look i i want to i want to get into this uh this
idea you said defy summer you know back in 2021 2022 in the nft summer because i was around in
2016 buying bitcoin buying e buying or 2017
whatever that time frame was and eventually sort of uh you know ended up um selling it wasn't
involved didn't have this community there wasn't really crazy involved coinbase 2021-2022 i was
involved but it was all nft stuff maybe occasionally buying a meme coin on e i. I think, you know, back then,
you'd be grinding for Discord slots,
you're trying to know the hot mint,
you want to be around the smart people for that.
Now, it's like,
all the airdrop farming opportunity exists in the DeFi.
It's like, you know, again, for example,
you know, I'm sitting on, you know,
Hyperliquid for the first time,
and I'm not going to get any big hype drops,
but I mean, you look at it this morning, I was listening to B-Check
and Legendary who were big on it, and they were like, yeah,
hype, there's still the opportunity on Kinetic
and Liminal
and Hyperland, all of which I'm playing
around in. I'm not playing on the
whatever the JPX one,
the new one that everyone got hyped on. There's no yield,
just points. So it's like, I don't know,
I get it, but I'm not trying to like...
Project X? Yeah. As I understand it, there be you there's there's going to be an error
i'm right but i can't compete with the whales there and i i'm looking
yields first airdrop second right like that's kind of the way i'm approaching this thing
but to your point and i don't know how deep you are on some of the things that you know some of
the different places i've been you know looking and seeking even with flow like and I don't know how deep you are on some of the things that, you know, some of the different places I've been, you know, looking and seeking.
Even with Flow, like, I don't know what's going on in Flow.
You know, I was actually trying to get some alpha yesterday from some folks and failed to do so.
But, you know, Flow has been pushing Anchor and MoreMarkets and, you know, KittyPunch and some of these other, you know, platforms.
It's like, maybe there's an airdrop coming there and there's maybe other, you know, platforms, it's like,
maybe there's an airdrop coming there and there's maybe not as many people getting involved with it.
So I'm just kind of looking yield first, airdrop second, and places to sort of park my money to do more work.
I also am looking for a minimal amount of work.
And I will say the only thing I have to babysit is my sole USDC.
I've never rooted for CHOP more than have in soul and usdc liquidity pool because i'm sitting here just like if it goes up then i have to like rebalance i get the
impermanent loss i you know rebalance i've still made more with the fees um but you just root for
volume and chop like crazy when you're lteing and i thought like i opened up a big wide position in
the liquidity pool so i was was thinking like, you know.
But then Sol ran like 10-15%.
So then I needed to close it and reopen another position.
So generally speaking, though, I know Meteora's got the airdrop potentially coming.
Lots of stuff potentially in Hyperliquid.
So I've been playing around quite a bit in those.
How did you decide Flow and Sol are two?
You just staked what you had
or did you go buy Flow and Solana
to put into DeFi?
So a couple things.
I had a lot, for me,
a lot of ETH locked up in Coinbase
and it's 21 day in staking period.
So I've done nothing with that.
Bitcoin is far more complicated and generally
requires more.
You got to convert from ETH anyway.
So until I get involved, until I have my ETH
unstaked, I'm going to wait and do that.
I'm probably going to go Ether5, just straight
simple on that one. And LP on
Ether5 with a small amount there.
Sol is something
that's really easy. I already had it.
Flow, honestly, Flow flow was partially i'm trying
to unlock the rewards so the reward system has this this if you go to like flow rewards they
have keys they have boxes and they have points the points allow you to get things like ipads and
and you know xbox i think when i unlock all my boxes i have enough to get like an xbox series x
if i want to no shit from flow yeah here I'll show you real quick what it looks like.
So basically...
So you're telling me like...
You may.
Have you gone to the floor reward store?
Well, no.
I did, I have.
Actually, I absolutely have.
I don't have nearly that much.
And how I interpret this
is you're telling me
if we do another round of
coffee with Captain captain we should
do that for my account i don't think it came from there because i was pretty active on bz and i've
been active on flow before so i have all these points each one of these keys will unlock a box
that's worth five points each so when you go to the reward store uh in the store i'll have like
enough points i have like 775 000 points so. So I can get an Xbox Series X.
I'm going to put the AirPods back.
That's pretty sweet, man.
Yeah.
Well, and it's like, it's a different kind of farming, right?
Because I was, it's literally stuff I was doing anyway.
And so as I started exploring around.
Can I interject real quick and I'll let you finish?
I think more, this, I think more farming should go this route.
I think more farming should go this route.
I think this is actually much more attractive to most non-crypto participants than is a future TGE with some coin that they have no idea what it's going to be worth.
People can – like, oh, I'm going to spend all this – get all these points to someday I'll get some magical internet money that might be worth $7.
It might be worth $7,000.
While we probably
prefer the upside of the $7,000 versus
an Xbox,
the person who's not here, your normal
human beings, they can
quickly, they know how much
the value of an Xbox.
And this is also what they're used
to. I've shared my
DraftKings crowns for a robot vacuum cleaner.
That's like retails for $800.
That's cool.
I got an $800 gift from using their platform.
I think more crypto native brands.
Now I know flow's already had their TG.
So this, they don't really have a choice.
I don't know.
Maybe they're sitting on a ton of flow.
I do think, I do think this is,
I think there's a word we see more of this is my my long story i think we see a world of even pre-tge crypto native companies and maybe it's
a blend maybe it's some token some rewards but but you talk about like the points on project x
if x had a site like this that you knew what what what you're getting these points for maybe it changes your mind no could you imagine i defy my way into an ipad 11 inch pro 512 gigabyte like i mean like
you know but like this is kind of like i agree and it's by the way par for the course with flow
right flow has been the you know very much approachable by people with nba top shot disney
nfl all day right like you know ticket master like that's their... But yeah, it's
kind of cool because, you know, you have this referral
link. I used it for a couple people. By the way,
I'm going to do this right now. I never do this.
If you are not in the Flow Rewards
program and you even plan on participating at all,
I'm just going to put in the chat because I've been talking about it.
Flow here.
Ref Link
to Flow Rewards. And then flow here. Ref link to flow rewards.
And then
I'm going to pin it to the top.
Because if you're at all thinking about
this, it is worth
doing if you play around on flow at
all in any way whatsoever.
I'm going to pin it to the top while I stall here.
To your point, yeah, it's like there
is these things that everyday people can understand.
And by the way, again, you talk about things you're doing anyway.
One, there is a chance.
I'm not saying this.
I have no idea, and I definitely have no alpha.
There's a chance that there's airdrops on these things, right?
There's a chance that there's airdrops on some of these sites, Anchor, Kitty Punch, which I haven't used yet, but more markets, which they've been pushing really hard.
And again,
I look at it, the reason I got on it is
to answer your question, if you look at it,
I have 124,000
keys, and I only have
a certain amount of boxes, which every day they
reset and unlock these boxes.
Some of the things you can do,
which it hasn't registered yet when they do the reset
or to register, is I have Let me go down and see if I
can find where I'm at.
So basically, these different quests
can get you boxes, keys, so just bridging over to flow
gets you some boxes, but the relay
bridge will take like $10 going back and
forth, so you can't just bridge back and forth.
It gets a little bit messy
there.
Putting money on the,
like depositing onto the USD vault.
So this Tau Labs USD vault cap
that I'm looking at right now,
it gets you 15%,
14 to 15% yield on your stable coin.
Okay?
So I can put stable coins in there
for 14, 15% yield
and get two boxes per dollar per day on there.
So I'm probably going to move some money on there to kind of open up these boxes and move
myself along.
I also have money on, and I got to look to see if I can find where my, yeah, my active
boxes.
Anchor Flow.
Earn 16 boxes per day for each 1K of Anchor Flow you have.
I'm earning 9% on Anchor Flow.
So basically, I'm earning 9% to 10% by having flow staked on anchor.
That's one place that's getting me boxes.
And then I have money sitting in a vault earning 15%.
So I'm earning potentially moving towards air drop and opening these boxes to get these
rewards.
Point is this flow reward system.
And again,
I pin to the top.
If you haven't looked at it,
my link,
it's in the replies.
So jambert,
other people,
et cetera.
If you are looking for a link to get on the Flow Rewards store,
please use my link because I get a percentage of points, and I appreciate that you guys are looking at it.
I think a lot of people are interested in this.
And by the way, again, I got points for basically just using BZ.
They have places where you can vault NBA Top Shot moments, sell, buy, and own NBA Top Shot moments on OpenSeen,
get points and keys and there's
check-ins there's a daily active user so at least for my money it's something that i can work towards
and i can potentially get myself an ipad while working towards an airdrop and by the way just
participate in the defi like i'm considering moving even more money over there just to continue
to stack boxes and keys because if i if I'm working towards a potential airdrop,
but I'm already earning yield, it's a place that I kind of started to park.
So it's a place that I think a lot of people aren't talking about.
And by the way, I don't think it's an accident.
I put out a tweet yesterday, which we can talk about, about Flow and Polygon being underrated.
It cooked.
There are communities there that we don't talk about or know.
So anyway, long story short,
to answer your question,
as far as airdrop summer goes,
I talked, or I mean,
DeFi summer goes again.
I put my money there towards a couple of things.
Flow is one of the places I'm exploring,
but it's basically like,
I'll be on ETH pretty soon.
I think once I get some ETH
and Bitcoin exposure,
I'm going to chill the fuck out
and just let my stuff sit.
But I'm addicted to LPing already.
I like Meteor LPing.
I like checking it,
watching the fees compile up.
They automatically reinvest when you claim them,
and then you look for the shop.
But Joey Valls,
I know you probably have some thoughts
in the Flow community store,
as well as anything else, honestly.
I know you're kind of curious
about the DeFi journey as well here,
so get back in here.
Yeah, so first off, thank you for sharing everything because I don't have the time to do all this research and I have so much. I basically just talked about it on the show, right? Like
every week I DeFi into Bitcoin and I mean, DeFi, DCA into Bitcoin and ETH and Sol and, and a bunch
of other ones. And it just sits there, right? Like not earning
at all. And I think about like, man, if I would have started this two years ago, when I started
DCAing into all these, where I would be at now. So thank you for sharing. Just another benefit of
being a member of the war room is you get to see all of Steve's plays if you want to copy him on
the DeepRy journey. but on the flow thing cap.
So Steve and I were having a conversation when he was trying to unlock these boxes
and we were kind of going through the process of like earning keys and boxes and points.
And we were like, man, you know, like this is kind of difficult and this and whatever. So I
had a whole conversation with dude lifts and gave him some feedback about like, you know,
our experience and what we thought. And then dude, basically dude, let's basically broke it down for us.
And on like why they created this system of like keys and boxes versus like a point system,
which we normally see where like we're blast.
It was like, you just earn points, right?
Like whatever.
And you know, their thought process is like, yeah, there's some really easy things for
you to do to go earn points and keys, right? Like you can follow, just follow a page, just visit a website,
right? But then if you really want to learn about flow, like Steve's saying, you got to go and dive
a little deeper. You got to, you got to stake some things. You got to LP some things you got to,
right? Like all of these, like actually getting to use
the blockchain is where you'll earn boxes. So boxes are harder to earn than keys for a reason,
because they want you to actually explore all the different dApps and what's going on on the chain.
So now, you know, Steve looks at it and says i have 170 000 keys right 170 000 times five
right so that's about 850 000 points well now i got to go earn boxes how do i earn boxes i actually
need to explore the flow blockchain and their daps and do some things so this thought process
where i originally was of like man this is just tedious and annoying having to earn keys and boxes.
When Dudelift explained it to me, it totally made sense, right? Like, yeah, here's all these keys
that can get you all that, that unlock these points for you. But now we want you to actually
explore our blockchain. And I love the reward store because it's things that people actually
care about, right? Like you said, Steve, you can get, you could potentially work your way up
all the way to an iPad, right?
That's like a, it's a huge return just,
and you're, like you said, you're earning 9%.
So Flow is doing a lot of cool things.
They don't get talked about a lot
because it just, it's not, you know,
it's not one of the banner blockchains,
but there's a reason why we at bz chose flow and
it's because they've been doing consumer before consumer was even a before consumer crypto was
even a conversation um and they're continuing to excel in the consumer crypto space yeah i i agree
um i think like the one thing i would say like feedback on the feedback right it's like kind of
you said like hey why would you do this? Yada, yada, yada.
By the way, I'm not eligible for a town.
So RIP me, nothing on the airdrop there.
You know, should have participated more and paid more attention.
Bad job out of me.
But the, you know,
the thing I would add to it,
to the point Joey said,
like the one thing I would say is like,
not everybody's going to have the DeFi support
or have the DeFi system.
So if I would say a level up for that would be,
if you're going to get all these keys
by participating in consumer stuff,
then trying to get people in the,
you know, in the,
I would say not everybody's going to want to go into DeFi,
number one.
Number two, if you're going to do that,
you need really clear explainers, right?
Because for example, there is one that does...
What's the term?
Because I just learned this one recently.
Phonix tried to explain it to me.
There's one place where you can get a whole bunch of boxes,
but they have leverage loops, right?
And leverage loops, somebody could deposit a thousand dollars
in there and suddenly wake up and it's fifty dollars because there's violent movement in
the price you're basically letting someone else play with your liquid so like again like that part
is i think like you want to be careful with like how that stuff goes like you don't want someone
to get wrecked trying to get the box box. So I think that part becomes important,
and everybody wants to get into it.
So anyway, long story short,
I think there is probably some opportunity there in general.
But I don't know.
We'll have to figure that out.
But I saw Mackie come up here as well.
Mackie, I don't know if you're telling me
that there is yield happening on PGAX,
but my understanding is it is
just points and i had a couple people say something similar um so i don't know uh you tell me
i came up to say uh well we can talk about that but i wanted to point out that you like flow
you worked at progressive who also has flow i think you just are really into flow. That's why you're there and hanging
out. But Project X, I'm making yield on my LP positions. I don't know who told you that
there wasn't LP yield. I'm also getting points. So that's nice. Like I think they're paying
out like a they have like fees listed on the
dashboard i'm not i'm not in front of it right now but i know i've seen them post like 100k fees
kind of graphics and stuff but there's money definitely coming out of the lp positions there
i need to look at that then that is i got bad information that might have been
not from my so i have this combination of my communities and
chat GPT ors
and I it might have been chat
GPT that told me but
I need to
and it's wrong a lot on the niche stuff
like this so like especially like when I was starting
the LP positioning I was like
you know what I'm uncomfortable I need
a support system I'm just going to talk
to chatty about this it It's insane, the things
that we share with ChatGPT.
It's really probably not great.
But that's neither here nor
there. Yeah.
It has been wrong several times.
And you just have to do your best to
logic it out from there, I think.
Yeah. I need to look
because I will LP a small amount in there uh if i want to like maybe
a hype us uh dto because i'm probably okay kind of sliding both ends of that um but um yeah maybe
it actually has some apy so that's that's gonna be on my list that is now on my list a couple of
people have told me that.
And I'm like, because I thought it was just like you were locking money up and you were getting points for a big airdrop.
If there's fees on there, that's going to enter my short list.
The Kinetic VK Hype Vault.
So like when you make K-Hype, you know, you deposit Hype into K-Hype.
And then my understanding.
And then you restake it.
Yeah, exactly.
You're restaking it into what's called... Then you get VK hype.
They have a vault with...
I can't remember the platform,
but I know that that's how you get K hype points.
You can even just...
If you don't want to deposit,
you can even just trade and swap hype to K hype
on Project X2 and you get fees
or you get points for the swap then as well.
So you pick your poison which route you want to go.
I don't know how Kinetic will value people
who've deposited directly,
but that's the airdrop game, right?
Yeah, I'm in the Kinetic streets as well.
So for people who are keeping track out there,
and by the way, we always say this is not financial advice.
This is like, because this is very risky
and protocol risk especially
there's one of these that happens it feels like once every six months to a year so just be very
careful out there that's why i spread it don't go all in on anything in particular um i've got like
uh me or lp i've got soul staked on uh jido um jido like jido again i always forget jido um
but uh i'm cap cap's laughing at me now because now i'm the
one who can't pronounce shit uh he's like he's like well how the turntables well well well um
uh anchor uh i'm on anchor as i mentioned on flow uh shout out to von fronten for my hair saying i
have great flow maybe that's why i like flow um kinetics uh kinetic i'm on as well i'm doing the
double stake on there earning that 67 percent uh usdf on
more defy on flow liminal which is just lending and hyperlend which is lending again just spreading
out to the mayor drop stuff based on mackey's feedback this morning which i appreciate like
i got bad advice i think from chat gpt on this one because i i had a bunch of people saying
project x i'm like why are you telling me to do that i can lock up my money elsewhere so again
i'll probably open a small position there not anything too huge but i'm me to do that? I can lock up my money elsewhere. So again, I'll probably open a small position there, not anything too huge,
but I'm trying to do it where it's like,
if I'm earning fees anyway,
and if I end up making a little bit of money,
like the thing about DeFi that's really interesting
is comparatively to NFTs
where you're waiting for an airdrop
and you're doing the math of like,
was my anime airdrop worth the Azuki's I bought?
Very different situation here where you have this thought process
where it's like you earn fees and then get a drop.
So any drop you get is kind of bonus at that point,
unless, you know, because you're holding assets you already believe in.
It's not like Sol and USDT are going to tank.
USDT are going to tank, obviously USDT being pegged to the dollar.
Obviously, USDT being pegged to the dollar.
All of those things are going to, um, you know, uh, are going to, uh, continue to hold
their normal value no matter what.
So it's like, it's a new type of thing that I'm trying to play around with.
Again, I'm just learning, going to share, but Mackie appreciate the alpha there because
when you're like, said there was fees, I was like, well, that was something that I wasn't
thinking was the case.
And I've been saying that to people and people probably think i'm insane
but um all part of learning process another part of learning process uh by the way is uh i thought
shout out to husker i thought i was going to restate my um husker absolutely uh saved me on
this one i had had the anchor flow,
which was earning,
you know,
nine to 10%.
And then I'm like,
cool.
Just like,
you know,
just like kinetic,
I can restake it on this other site and earn a little bit more yield on top of it,
like three,
4% a year.
Turns out when I restake it,
I'm no longer getting the eight,
It's different type of liquid staking.
So all the way out on that.
So anyway,
earning all the points,
doing all our things,
but thank you, Mackie. It sounds like you're way more advanced in your DeFi journey
than me. So appreciate you giving me... No, I'm just focused on Project X. That's all.
I'm just focused on Project X. So I think one of the pitfalls of doing the...
You are, Steve, is you need to be really meticulous about where your shit is because it's
i know uh you are decentralizing your risk by being on different platforms but also like building a
you know daily job to do at the same time especially if you're checking regularly
the other thing that is a big pitfall about ling is that when you take, at least on Project X, because all of them are different, I heard you say, when you claim your LP fees on flows situation, it actually folds it back in to your LP and automatically does all that.
On Project X, there isn't that feature yet.
I'm sure there will be in the future.
But so I have to go in and swap things to rebalance.
So I have like an Excel sheet that
calculates stuff for me,
which is a great tool to build.
Happy to share it for anybody who wants to ask for
it, but no one has, so I've
also not offered it before, so it's going to take me a while.
I am asking for it because I have the most...
I am asking
for it, Mackie, because I know that you are a freak
in the sheets, the Excel sheets, as
it were, and I have... I almost got... when Mackie, because I know that you are a freak in the sheets, uh, the Excel sheets as that, as it were. And I have, I almost got when Mackie was working with me at one point on Starbucks,
I was going to get him a, um, I was going to get him a mug that said freak in the sheets at one
point. And then we all like, everything went, went, uh, haywire and I was looking for a job.
He was looking for a job and, um, but yeah, I had a freak in the sheets Excel mug that I
wanted to get him just because he was so good at it.
But yeah, I
will take it because I have a very janky Excel sheet
that tries to track my stuff.
Yeah.
I'll make a Google sheet
template just blank and
tell you how to fill it out and stuff.
It shouldn't be too hard. But the
problem with
Product X is that you have to do the out and stuff. It shouldn't be too hard. But the problem with
ProductX is that you have to do the rebounds yourself. And that means that you are making swaps. And that means you are creating taxable events. So I am feeling anxious about that,
is what I'll say. But hopefully, tax law changes before the end of the year I don't know
It's kind of a shot in the dark hope
But hey, here we are
It's a problem for future you, Mackie
Don't worry about it now
Yes, yes, I'll be able to afford tax help
Yeah, yeah
It's a problem for future you
There's, um
But yeah, so Cap, I guess like uh before i uh jump out of
here because i know i'm gonna jump out probably around nine you're gonna get a guest coming in
um i think the biggest thing we can probably push the wrecked one to tomorrow because it's
an evergreen discussion we were having beforehand new all-time high congratulations to uh wrecked
enjoyers and i can't i can't bring myself to bring it off the table even though it's such a big
position disproportionately and it's a bad idea and goes against everything i say good idea good idea not not take that one
higher higher we go um less than a two x away from ability now like that's programmed yeah and
and like at that point it's like you know then i'm as we approach that i will definitely be taking
some off the table um trimming trimming some positions last last question on towns before
we move away from that.
Where do you check the claim?
Door dropped a link in the war room.
I get zero, so I'm out.
Unfortunately for me,
real thoughts before I go.
I can go a couple minutes over nine.
What are your thoughts on the
big Adam Weitzman,
other deed, CODAs.
Everyone's calling him a partner in Yuga.
What do you think?
Any thoughts on that?
I mean, I have some,
but I'm curious your thoughts.
I think it's good.
I mean, I'm not reading too much into it.
I think it's somewhat of high net worth
and he is doubling down on an ecosystem
he's very clearly bullish on.
He's already very
much so vested. If you're not familiar, he bought
the one-of-one
key, which turned into
the one-of-one heavy metal
from Mongrel
following the Dookie Dash.
That was Dookie Dash, right?
Anyways.
He's deep in the ecosystem,
has megakodas, has a lot of land.'d be curious like what his actual plans are like i don't think it's purely for like an investment or a flip but
i think it's just showing a it's and i i also wouldn't be surprised if there was something
else there like part of the deal was he picks up a sliver of steak in, uh, I don't know,
maybe not Yuga,
maybe Abeco.
I really don't know,
but I,
yeah,
I think it's positive.
What's your thoughts?
I mean,
my thoughts are like,
I made this analogy yesterday.
It's not a one-to-one analogy,
so don't go running with this,
but like,
you know,
I think,
look,
other side is fun.
We like doing with our friends.
He loves the club.
He loves the founders.
If I had a billion
dollars yeah i'd be going out and i would be investing in things i love and trying to help
it succeed and in this case i don't think yuga has a problem with capital garga mentioned that
capital is not a problem on multiple occasions including this show but i think like i made this
analogy south park guys did an episode of casa bonita they love casa bonita and they felt like
it was like not going the direction they wanted to and so they bought casa bonita and moved it up
and did some things right not that he's buying it but it's like if adam likes other side and adam
likes the club and adam wants to help it succeed like i'm not saying that he's just throwing money
away but at the same time like dude maybe just tossing some money towards something he loves and getting involved and has the ability to do so. And by the way, he can help it succeed by putting his ton to read into it. Now, when they say partner in all their things, I'm thinking maybe he got like some sort of equity,
something somewhere, but I don't know.
But like, I think in general,
that's sort of my thinking is like,
I think maybe, you know, he just has something he likes.
He spent a little money on it and now he's good, right?
It's like, I don't think it's like a super deep thing.
I think it's just, he's excited about
trying to get involved with something and he likes the founders he likes the platform he
wants to do stuff with his friends and is he able to do it and guess what if i had billions i would
buy a sports team and go spend it on things like this where i can you know be more involved in
things i love so it seems like he's just basically one of us in that sense. No? Yeah, no, I agree.
I think it's just win-win for all parties involved.
And I'm getting more and more excited.
Other side is quietly...
Like, I should check more
because I don't want to make a statement
and someone takes out of context
or I get proven wrong
when someone pulls the tape or the data.
From what I've seen, and it's just launched, there's like, Bathroom Blitz is, by the way, everyone playing the top 50 on Bathroom Blitz all got a nice little stimmy.
I think it was about 400 or 500 bucks, maybe.
Some ApeCoin for grinding out in the Bathroom Blitz.
That seems to be going well.
That's the first third party deployment
but more like to me a bigger signal than the bathroom blitz and in the early feedback on that
steve is there's people hopping in the other side and casually playing like hundreds of people were
playing red light green light the other night like the like a squid games version like there's they were
hundreds of people got in a bubble and then they they it was a race to get to an end point like
they're creating games in a metaverse
like i've never been in like i was never in sandbox or to central land and saw
hundreds of people doing things all at once.
Like there's actual, these aren't directed by Yuga.
These aren't planned.
These aren't some big activation.
It's just people enjoying hanging out with each other in a virtual world and having fun.
And not that I spent a ton of time in Decentraland or Sandbox or any of these other
earlier metaverses, but anytime I got in, there was like seven people in there.
There was just nothing going on.
It's like, what do I do?
And it's still very, very, very, very, very, very early in the world of Other Side.
But to see this sort of organic activity already, to me, it's a very bullish signal.
People are having fun.
People enjoy hanging out with each other in this digital environment and make fun of it
if it's not for you.
The ability to pull in your digital identity, your avatar, whether it's an ape or a coda,
more coming soon.
Maybe it's just us weirdos in this niche corner of the internet, Steve, but I think this stuff
matters. Like, I think it's more powerful
than just buying whatever skin for $9.99 on Fortnite
that everyone can get.
Like, your unique identity matters in the metaverse,
and I'm excited.
I think it's off to a promising start,
and sentiment is positive,
and I wasn't expecting,
like, I was hopeful that bathroom
blitz would be you know an early hit i was not expecting the organic grassroots community-led
games and activations and just hanging out in there pretty impressive yeah something's gonna
happen as people age into this stuff i mentioned it before it was a It was a very sort of like
a joke when adults
played video games that weren't Tetris or Dr. Mario
in the 90s. Now
adults just play video games with their friends and it's not a
big deal. I think kids age into
things. I'll share this before I go
which I think Threadguy probably
is a little... I think he is still
maybe a disconnected on certain things.
I don't agree with him on some of this based on his perspective.
But I think the first half of this, the second half of this, I don't fully agree with.
So I'll read this with Red Guy, and then I'll jump out of here.
He goes,
It's impossible to fully comprehend unless you're under 25 and have been addicted to the internet your entire life,
that everyone under 25 is terminally addicted to the internet and has been their entire life.
This is extremely bearish for society and extremely bullish for the internet.
Internet assets, long tail risk. We know we will never be able to buy a house or live comfortably
without some hyper gambling and luck. It's not a mean society right now as many parallels to
late stage empires. I went outside this weekend and I'm under 25, so I'm qualified to speak on
this. But just like the bull markets, the most money is made at the end. You kind of can't stop
the trend no matter what you do. So might as well make it,
make a lot of it money and have some fun.
I think he's a little disconnected.
I don't think the money part exists.
I don't think everyone's going to gamble.
I don't think everybody goes that route.
Like there's an entire society,
but the front half of that people under the age of 25 are addicted to the
internet and have been their entire life.
Like my kids just look at it as part of their life it is
an extension of them they're always online they're always doing things online they learn technology
quickly you know i give them some chat gpt instructions they get it i give chat gpt
instructions to my mom or her friends or boomers they just don't get it so like you see that age
gap and everything in between and i do think that's a very real thing now i don't agree with
the everybody's going to be gambling everybody's's going to be like, there is still this like unhealthy thought process that,
you know, oh, everyone's going to come and do mean coins and everybody's going to come
and do like, I think there are people who are going to do online finance and make money
online.
I don't think it's as wide as you think.
Like, I think there is a level of being disconnected and out of touch with not only middle America,
which we are in this space as a whole or most of America, but being out of touch with not only middle America, which we are in this space as a whole, or most of America, but being out of touch in general
with normal human beings,
even on the,
like there's plenty of 13 year olds
I know who are on TikTok
who are not looking to gamble online
and meme coins,
but the digital identity and avatar stuff
is only going to continue
because they all do that.
So I'm going to jump and leave it on that.
I'll let you react to that.
But yeah, looking forward to setting back. So I may be back later, but
probably we'll be back tomorrow.
Probably. Well, hopefully we'll see you tomorrow.
I mean, probably won't be back today,
but we'll be back tomorrow. I got you.
Yeah, no, I...
I mean,
I agree with both takes. I
understand where Threadguy is coming from, and I also
think...
It may not be everyone,
but I think it's a large portion of the younger generation that maybe
they're not,
might not be their focus or like,
you know,
I'm getting on the internet to make money today.
But I think I saw something else.
I'll see if I can find the article.
It was someone talking about.
Labubus and just this this the same idea of well a the article actually said it's a sign of a upcoming recession because it's times like this where people it's like a luxury item that when
they can't afford other luxury items they go like like, I'm going to buy this $20, quote unquote, luxury item that might become $150,000 if I get lucky.
I'll see if I can find the article to explain it much better than I.
But we did have Simple Farmer join the stage.
Simple Farmer, is the audio working now?
Did we figure out X as well?
X has been giving us curveballs all week as well.
So it's not just you.
Yes, sir.
Yes, sir.
I know the yield, the DeFi conversation got you excited a little bit ago.
You want to swing back to that?
What in particular piqued your interest?
And any alpha or any wisdom you have to share, we greatly appreciate.
Absolutely.
Yeah, it just felt like a bat signal in the sky when i when i heard the conversation so i was like let me come through
i think you know when we think about defy yield i obviously flow is doing really clever stuff
rewarding people with real world prizes instead of you know that just that straight yield i think
that's it's a good marketing plan potentially actually saves them money uh they they probably
get the prizes for for less than they would be paying out that yield directly.
So I think that was a super clever model, by the way.
Just touch on that.
You know, we got to think with DeFi yield as we move forward in crypto.
Right now, the majority of our yield is coming from essentially three things.
Speculation, so that's like perps.
Lending, so that's like Aave.
Or trading, trading volume, right? And so what I'm always
thinking about is, where is this next trend of yield going to come from? Where's this next
big, big amount of yield going to come from? Because right now we're doing a little bit of
just kind of copying each other, right? It's like protocols copying other protocols and doing
small twists on similar designs and i think we're
going to get to a point where we evolve with that uh in terms of like where i would park
a lot of if i had a lot of btc and eth especially if i'm not you know deep into stables at this
point in the market if you're if you're bullish i love on base specifically on a aerodrome the
wrapped btc wrapped eth pair i mean that's pretty awesome because then your impermanent loss is more BTC or more ETH.
To do that real quick on Aerodrome,
how are you getting your wrapped Bitcoin on base?
Is there a simple process to do that?
So base already does support Bitcoin as as well as wrapped eth so you
can just pick the two as a pair when you're creating an lp position and i like i like v3
full range lp i know you get a little bit thicker yield with the um with the with the
shorter ranges but you also that lends to more impermanent loss. Yeah, I mean, that's probably my biggest opportunity
in the DeFi world is making my Bitcoin productive
because today it is not.
I just not, I don't know.
And I guess you're saying,
so base already supporting Bitcoin,
are you...
Explain that to me.
Are you buying Bitcoin on Coinbase, sending that to base?
What's the process of... Or are you just buying Bitcoin directly on base?
Yeah, so I'm not a Coinbase wallet user specifically,
so I don't know exactly how the bridging process goes.
But most chains have a wrapped version of Bitcoin, which is the same as regular Bitcoin.
Essentially, there's a small amount of discrepancy on the price.
So I give you, for example, on ARB.
On ARB, you would just go to Camelot, which is their main DEX on base.
You know, you go to Aerodrome.
And essentially, you swap your Bitcoin into wrapped Bitcoin on the chain.
And then you're able to pair
that with eth the reason why i think this is a clever pair is because when you pair with stables
obviously any price action on the token is going to result in um impermanent loss one way or another
with the wrapped eth wrapped btc pair you're essentially saying okay the impermanent loss
i'm getting is just going to be contingent on
the dominance of BTC over ETH
or vice versa. And in the meantime,
you'll just be eating fat fees
from that pool itself because
both ETH and BTC are
heavily traded upon on all
major chains, obviously. And that is
going to be your main source of good yield.
Yeah, I love it.
I love it.
I think we're going to have to do like a Steve Fi,
DeFi, we should create a weekly DeFi segment
now that Steve's getting into the streets.
And I think, maybe you're up for it.
Maybe we can get you as a special recurring guest
for a DeFi segment here.
Yeah, I would love that.
And I think just for people who are relatively new
to saying like, okay, where am I going to stake
and earn yield?
If you don't want to go directly to the source,
the great thing is there's a lot of DeFi aggregators.
So Pendle, for example, is an aggregator.
And so you can stake there
and it pretty much deploys into the top d5 protocols and you get a piece of that
yield from all of them also i like bp finance on arbitrage what was the last one which one on arb
bp finance so bp finance is actually going to show you your your potential uh yield sources
cross-chain so you get to see you know what you can do on mainnet, what you can do on base, on ARB,
and it's gonna show you which pools
are providing the highest yield.
Love it.
Yeah, we definitely need to expand this DeFi conversation.
There's certainly money to be made.
And I have, I've been active, I've dabbled in the streets.
I actually, it was probably before much in
DeFi. I did a few, played around, LP'd a few different things early, but probably most of my
DeFi last cycle was really NFT-Fi and just very simply put, pulling liquidity out of an asset,
was really NFT-fi and just very simply put,
pulling liquidity out of an asset, using that to trade,
paying back the loan, rinse repeat.
And that's how I built my portfolio last cycle was,
there was a big mint coming up, I'd pull some funds out,
flip for a gain, pay off the loan, rinse repeat.
And just did that again and again and again.
It's about the simplest form of, you know, leveraging the assets you do hold to acquire and trade other assets. And, um, there's risks with
all this stuff, like not just protocol risk, make sure you understand what you're getting into. If
you have questions, ask, it seems it is complex, but it probably seems more complex than it really
is. It's just, you got to get through the steps.
And after you're off and running, depending on what you're doing,
not too much to stay on top of, but you just need to be aware
because there's so many different ways to participate in DeFi.
Bepic, appreciate you.
Bepic said sent you and Steve some SMP.
What is SMP?
I'm not familiar.
There's a little lag there, so I'll give that a second.
We'll come back to the chat.
I also said we had another guest, Blim Media.
We'll get to you in a second here.
I'm going to bounce around a little bit here
because we've hit on a few things that I didn't get the screens pulled up quick enough. But one, I just want to circle back to this Bathroom Blitz. We
shouted out, it was actually 400 ApeCoin is what the top 50 received. This is from Dino Ponds here
on the screen. It says, today I received 400 ApeCoin for simply playing Bathroom Blitz with
my friends, having a blast doing it. Literally, all I've been doing is blasting my friends with rockets thank you other side i really didn't expect a reward but i'm grateful
to receive one bb on top um yeah 400 apecoin 250 250 bucks give or take and um this is where
this the power of bringing this stuff on chain is rewards can be many things.
It can be like the flow rewards we were talking about earlier.
It can be points leading up to a TGE.
It can be third parties building applications
where that data is open and shared on a public ledger
and other side could reward those participants.
Bathroom Blitz could reward those participants you know bathroom blitz could reward those participants another third party that's building a different kind of game could reward
those participants like it just it's we're starting to really see this idea this vision
of a circular economy in the metaverse and getting get me pretty excited simple farmer go ahead and
get back in here and then uh we'll go to Bloom in a minute.
And we got, looks like, a test coming up as well.
Yeah, I think one thing is that, you know, with that, essentially, airdrop,
the people who are participating in Bathroom Blitz,
what they're signaling is for ApeCoin and obviously Google Labs is like,
okay, other side usage is a big priority for us.
So I did just want to say, obviously, super bullish.
I think it's a big signal that a high IQ, high net worth individual like Adam Weitzman came through and bought so many deeds.
But also, I think there's a massive opportunity here, right?
I think the person who bridges the gap essentially between blockchain and the other side, so between ApeChain and the other side, is going to end up doing really well.
Yeah, I wholeheartedly agree. Ape Chain and the other side is going to end up doing really well. Yeah.
I wholeheartedly agree.
Blim, I know you said
you had some music.
I don't mind letting you close down the space.
If you've got a song or a record you want to play,
we usually close down right around 10 o'clock.
We'll see where we go today
with Steve joining.
Is there anything else you want to get on here or just want to play a song later?
That's pretty much it.
When the captain is speaking, I listen and I take the insights and the value.
So thanks for having me up and talking about it.
There is a lot of the listeners and speakers.
listeners and speakers
thanks to
YouTube for all the DeFi
info. I'm just listening
but I would love to share my
track, reggae
track.
Cool.
Yeah, getting, the connection
is not great. Getting a little cut in and out there
on the feedback so I don't know if it's
internet connection or you maybe want to take a lap i know simple pharma was having some
issues with x audio earlier sometimes the solve for that is leaving the space force close the app
give it a few seconds and then come back and join us but uh or i guess it might have just been a
choppy internet connection but if we can get that sorted out happy Happy to let you close out the show with some music later. And, um,
Dork says,
I think someone was asking an abstract chat a little bit ago.
Dork said,
geez,
three avatars are in other side now and they look pretty dope.
So congratulations to all the G's holders out there.
So it's,
if anyone can correct me if I'm wrong,
but it's apes, it's G's can correct me if i'm wrong but it's apes it's g's and codas are the three avatars
live in in other side currently is that is that accurate is there am i missing any
me bits as well me bits as well and also you don't have to have any nft to try the other side right
now you can just use this avatar that they give you but yeah to get one of your own playable nft avatars it's me bits codas mutants and board apes
and now g's um yeah awesome excited to excited to see more come in there and i i'm not even just
i'm not exaggerating I am probably like
bathroom blitz going well well received
that's bullish but I'm probably even more
bullish on the organic
ground up community
inspired community led fun
games in there that's just casual
people getting in and having a good time
together in this virtual world
so far you're
welcome to hang out with us
the rest of the morning if you'd like i appreciate you coming up as always in
adding some intelligence to the conversation i will say one other thing i want to hit on
and i'll get your thoughts on this as well i'm going to share D-Farmer's post because he sums up my thoughts pretty well.
I saw a few others pushing back on this also.
Tekashi Murakami has a mint on base,
and it's rare that we'll FUD the project,
but I think this is poor form.
I said in the warm, it feels pretty grifty.
Let me read Takashi's post first.
And you tell me if this actually sounds like Takashi
or somebody who sold his account or some middle manager.
But anyways, it says,
we've just released our new NFT card collection.
At this point, it feels like I, Takashi Murakami,
am the only one left in the art world
still putting out NFTs.
Wrong, but okay.
Just recently, we also released an NFT project by Mr. Through My Company.
Creating art for me holds several meanings.
One is to push forward at the cutting edge of times, carve into uncharted territory,
and create entirely new standards of value.
Another is to engage in a profound exchange with the
collective consciousness of people. So I'm trying to explore the relationship between
collective value and beauty within the blockchain space. M-dash, if you know what that means,
something that may not be understood now, but perhaps be recognized far in the future.
Sure, it probably looks like fool's errandin right now yet i'm going to insist
on being the fool all the way through this time around i cumulatively used ai to animate
illustrations of myself and my beloved late dog palm as navigators and we made them speak english
for fun i hope you enjoy if you also used ai for this post here but in january 2024
takashi palm released 108 flowers now they return refresh
expanded and reborn akashi's murakami's universe grows with 108 flowers revised nfts now minting
as a part of on-chain summer on base app drops there's the link and this is like 30 seconds. I won't play the whole thing.
Alright, that's enough.
Sorry.
So, I wasn't a big fan when I saw it.
My thoughts were, it feels pretty grifty.
Also, it's just like his arts,
I know he's a world-renowned artist.
It's not my vibe,
but teach their own arts objective.
Dee Farmer, coming in hot,
you're so out of touch with reality, it's wild.
You made your millions and left several times already,
unlike the people, artists, collectors that stayed here during the bear
and created meaningful work that stays.
Remember, the blockchain never forgets, and neither do we.
Probably has enough plout this thing mints out.
I would love to see it not.
And again, I'm not...
I don't know if I stopped sharing that a second ago.
I don't know if I stopped sharing that a second ago.
I'll pull it up again.
I'll pull it up again.
It's just like this.
It seems like it's pretty grifty.
Nothing really new.
I've seen other few takes like this as well.
But yeah, not loving it.
it i don't wish anyone ill will and but i think sometimes the best for the space is
I don't wish anyone ill will.
mints like this that appear to be just a cash grab or low effort regardless of who's who it's
coming from i think sometimes it's best that they don't min out they don't have success and and
forces people to rethink how they're navigating this space.
Again, everyone's free to experiment.
This seems like a grifty one.
Simple Farmer, I'm not sure.
Are you familiar with Takashi Murakami?
Any thoughts on this?
Sorry to put you on the spot, but you're hanging out,
so I'm going to ask.
I'm not super familiar with the earlier collections,
but just you know reading
the baseline of this tweet here i mean it's it's it's it's pretty much starts with a logical
fallacy known as you know straw man the straw manning all other nft collections as not being
any type of art i'm the only person doing art i think as a founder when you're making your
argument for why people should mint or invest in your project it should be based on your qualities and not based on you know trying to put down the rest of the
communities that are actually working really hard too um so yeah i thought that was a big red flag
and in terms of you know super popular kols i think will still get their tokens to do well to
get their nft projects to mint out but i don't think the quality of those users is going to be very high so those are mostly going to be users
looking for flips anyways yep i agree the details on this there it's unlimited mint unlimited packs
five cards per pack in list prices 0.0014 eth per pack so it's about five dollars five usd
014 ETH per pack, so it's about $5,
$5 USD.
So, you know, two days to go,
already minted 10,000
packs or brought in like $50,000.
But,
I don't know, man.
There's so much you can do
on chain, and not saying
pack drops are bad,
just feels
icky, the whole, how it was positioned,
the announcement, and would love to see more
also dork appreciate that mutants not yet rigged or other side but they are i mean uh soon so
mutants get a rock murtis in there other mutants soon ebits as they said so more more um
more coming to other side, hopefully not 108 flowers
revised. Even that itself,
I don't know.
It just rubbed me the wrong way. Not much more to say
on it, but if there's already
enjoyers out there, go do your thing, go get your
packs, and good luck. Hope you pull a rare,
but I don't even know if
like,
I don't even know what that would be like what are your hopes if you
do get one of those is there some grail item in there it just doesn't be do better that's that's
my feedback to takashi and his team or whoever is running this stuff is get get in touch with
the space like i just this this is not it and maybe I'm overthinking it and, you know, sell whatever you want on chain and people can buy or choose to buy or not to buy.
And this will be one I will choose to pass.
I also got a glimpse of those G's in the other side, if anyone wants to see that.
And if there's any, I've got a few other Ticklicks items here today, but if there's, with Steve being out today, kind of open stage the last half hour of the show,
if there's anything anyone wants to chat on in particular,
has any questions, by all means, jump on up,
and would love to have you join the conversation.
This is from James Hall here, though, the G's on Ape.
His astronaut, spacesuit, G's, and another one here,
the service G's, looking like a big gorilla there in the other side.
So continue to bring more assets into that world and be excited to see what comes next now that things are live.
And I know that there's still a lot of people that are waiting for like their SDK kit and want to build out.
I'm excited to see like what's next after your bathroom blitz.
I think how they're doing it with releasing, you know, strategically releasing a few at a time is probably good.
You want to get to make sure you don't spread the users too thin with so many out of the gate.
So I think the approach going,
meeting the exceeding expectations
as far as their launch goes
and checking out,
catching up with abstract.
Yeah, yes, cash grab sadly.
Seems like not a lot of artists come
when they think they can make money.
That is total BS.
It's kind of like how I felt as well.'s like i left left crypto left web 3 now that it's
popping off again comes back and like that's i guess also fine but
don't position it as like you're the only one here that no you know everyone else left because
it's just it's just not not factual um and it I'm getting some more info here,
Jamber says, the previous card release they did
on blockchain and it didn't
do a whole lot. This whole post is pretty
sad. Sounds like they are mad because they didn't
sell as much as they...
So the last one didn't do as they expected
and they released another one that's basically the same thing.
Just called them revised.
I don't know, man,
not, not,
not my journey.
few other topics here as I shift gears,
I'm trying to multitask and get,
get our,
get a good screen share going here.
I mentioned wrecked all time high.
as I was searching,
I just had yesterday.
I just had people's every day from yesterday pull up. That was a distraction. I will let you each... I can't get the image out of my head now. I'll let you all go
see that for your own if you'd like. I won't do that screen share. It is WNBA related for anyone that's been following that saga over there.
The other stumbling here is I trip to get my brain out of the people every day.
I mentioned earlier, rec hit an all time high this morning, went over 50.
Actually, good, good.
Let's do that.
That'll help me reset and get back on the tracks here.
Good time for a daily market update, and then we'll go to Saucy Saucy-A in a second.
But let me play us in.
We'll get a quick look at the market, and then we will be back for the home stretch of the show.
We're going to go daily market update brought to you by ape chain ape chain on top not just the home of nfts but the home of other sides the daily market update straight to your brain
power by any coin no hike just chains moving on ape chain we bring in the heat nfc spends out for
never miss a beat they chain on, now we bring in the flex.
The home of NFTs, because now what's next?
Come on, my head.
Time for what you want to shine.
It's time for fun time.
Those 3DGs do look good there. That was that last image of the Ape Chain Daily Market Update.
Gs sweeping the floor.
Starting with those NFTss we've got moonbirds
down five percent of the day to 2.63 apes up half a percent to 11.83 pudgies down a percent to 1405
based style assuming that's an nft farm or an open sea farm based on the uh the sales volume uh
memes by 6529 500 sales card good amount of volume up 10 percent of the day i'm not
sure if there's a if it was just another collector sweeping or there's a maybe there's a drop or a
mint coming up i'm i'm not in that ecosystem i'm not falling too close it's what i i like i like
how they've done it uh how six five two nine is going about it but i I'm just not, uh, it's not one. I only have so much time and, and, uh, not one I have, it's not one I have
explored, but good, good, good increase on the day.
And again, some material volume, little pudgies, uh, flat on the day,
down a half percent to 1.6.
M'lady's up a percent.
And, um, we had a, it looks like maybe it was just one sale, I guess.
Alphacen Churig Kid Unique Editions slash one of ones,
like one sold for 26.9, or no, 26.9 is the floor.
Says just one sale, so maybe a 50E sale, big sale there in the fine art world.
Gigaverse ROMs up 2% of the day,
decent amount of volume.
And then Mutants also up 1.5%
to 1.75%.
If we head down and look
at our
favorite memes, Doge up a percent to 0.2%.
Shib flat,
Pepe flat,
Kingu down 3%, Bonk down 4%,
Trump flat
I got to have to pull up a rec chart though
Because I couldn't talk about them
And not share the chart
Another all time high
Another green day
Up 24%
Excuse me
Up 7.7% on the day
And it is
I mean it is a beautiful chart.
This thing is just immaculate.
You know,
they hit,
I think it was 13,
green days in a row,
new all time highs in a row.
Gave a little bit back.
It now seems like the,
you know,
the,
the run of,
of green days appears to be starting up again.
New street is born here.
You can see four green candles in a row in the daily and up 7% on the day, cracked half a billion.
And yeah, I mean, it's relative to a lot of the other coins, a lot of the other assets we talk about.
To me, it screams that it is just not appropriately priced when you have a sound team, a sound product, a real business making money.
And you can do the math.
They're going to hit a million units this year.
This is a premium product.
They're not selling these things for 30 cents a can.
The pack of 24 is $69.99 is the going rate. So if you call that almost $3 a unit,
and they're well on their way to a million units in year one,
that'd be $3 million, high margin $3 million on beverage like this.
So exciting to see the team continue to crush it.
I'll post another.
I'm not going to read the whole thing,
but I will share on the screen real quick
and then we'll go to Saucy Saucy.
But I just wanted to share.
Here's a post from Greeny.
Everyone calls them meme coins,
but Rekt and Pingu are showing what happens
when tokens evolve into brands and IP.
Here's the difference.
Most founders chase quick liquidity.
They farm engagement.
They dump treasuries and then disappear when the hype cycle ends. That's the difference. Most founders chase quick liquidity, they farm engagement, they dump treasuries, and then disappear when the hype cycle ends.
Consequently, holders, you are left with nothing. Then there are a rare few who actually give a
damn about their communities. The ones who, one, funnel revenue back into the business and holders,
two, stay transparent, even in the ugly moments. Three, work quietly in the shadows during hard times, not just when it's trending.
Four, understand community success does not equal charity.
It's a sustainable business model.
That's what Rekt and Pingu have nailed.
They built trust by proving that they're in it for more than a quick pump and dump.
Their founders, who aspire big but remain down to earth and relatable, they know that
in order for hoarders to thrive, the project itself
must thrive. In crypto, you don't often get the chance to invest
in a team the way you do
in startups. Tokens are a bet
we all take and most teams aren't
worth betting on. But every once in a while,
you find teams like these, builders who stick around,
innovate, and grind when no one's watching.
That's where asymmetric upside
lives. At the end of the day, charts go up and down
by strong founders with vision, transparency, and grit. They build things that last. That's why brandsetric upside lives. At the end of the day, charts go up and down, but strong founders with vision, transparency, and grit,
they build things that last.
That's why brands slash IP tokens like Rekt and Tingu are winning
and will continue to do so.
I've been beating the brand coin drum for a while,
and I actually got a video clip coming out uh this afternoon our guy
pain clipped up from a show here not too long ago uh so i will continue that conversation here
in a little bit one uh um you know after the show wraps and i'll i'll get the uh video out there but
i wholeheartedly agree love to see the you, you know, a new all time high.
And I guess I,
let me quickly finish this update and then we'll get to saucy,
saucy a again.
Thanks for jumping up.
Always a pleasure.
Last,
last thing on the,
on the daily market update,
I guess magic internet,
magic internet money,
the,
wizard,
rune over there. It up on the day, all the other runes down except for
Gizmo. And then on the majors, Bitcoin flat, ETH up 2% of the day to 36, 31, XRP up a percent,
Solana up 2%, Doge up a percent, Cardano flat on the day. The ones I'm tracking, I share my GM text this morning was my iPhone widget was
all green this morning. So nothing's up only forever, but it's hilarious to me that we did
have, as Steve called it, a dip for ants towards the end of last week. And how many people who are
here and active just started having seemed like a meltdown on the timeline.
All it's over tops in and I don't know.
And nothing changed.
It's just a slight pullback as from a macro standpoint, I believe everything is the same as it was.
And we're back to continuing the up and to the right with a little bit of a little bit of break in between.
But that's our Daily Market Update brought to you by Ape Chain, the home of OtherSide.
If you've not yet checked out Bathroom Blitz, get over there and do it.
You get in the top 50.
Well, anyone that was in the top 50 just cashed out 400 Ape.
And I don't think that'll be the last rewards for active users on Ape Chain.
That said, Saucy Saucy, GM, always a pleasure.
What brought you up this
morning gm gm i just thought i'd take advantage of the fact that you need some speakers today maybe
um and let you know what i've been working on so i'm super super not a dev at all um and i've been
taking there's a mind studio i don't know if you guys have heard of it or not they do like non-conforming non-code you
can build non-code ai agents and it's it i thought it was going to be crazy hard but i actually was
able to build like following their instructions and their tutorials and stuff like 12 agents so
far that actually do stuff um i'll put the link in the chat they're offering a free boot camp it's
it's intense but it's like work at your own pace. And for people who
want to build like real AI agents that are helpful and don't know code, it's a really good way to go.
The founder is, he was the CTO of MySpace, I think, and he worked at Google and I think AWS
and some, you know, stuff like that. They're super patient and willing to answer like all my
non-dev questions. But it was not surprisingly,
not that hard. I think the first three agents took me like, I don't know, like so many hours
to build. I had to watch the videos over and over and slow them down and take notes like a boomer.
And then the first three agents took forever. And the agents after that were really quick.
Like I want to say it took me like 10 hours to build the first three and maybe like an hour to
build the next nine so it's it's pretty easy to follow and it was it's really
really interesting if anybody's interested in learning how to build
agents I'll put the link in in the chat yeah very cool I will pin it up top in a
second to it and it's non studio mindio? Mind. Mind studio.
Mind studio. Mind studio. Mind, yeah.
Mind studio. Got it.
Yeah. I just put the link in. It's from the founder.
It's for his LinkedIn.
But you can sign up for the boot camp.
I mean, their goal is to try to get people to get enterprise licenses for their companies and stuff.
companies and stuff but you can anybody can learn how to code like if you don't
But anybody can learn how to code.
want to do the boot camp you can just watch their you know look at the boot
camp curriculum or just watch their videos on YouTube but it's like if I can
do it literally anybody can do it it's pretty what can I can I ask you not to
share all but can I ask what are some of the agents you built like what are some
of the is it something yeah sure it's the just the ones from the curriculum so far but other
people that are you know more advanced or know about coding were able to build like much more
useful ones but I built one that was like um if you guys watch the show chopped so it you build
a query for people to read that just looks like a normal, maybe like a Google sheet, you know, how they answer the questions and stuff that you list ingredients that you have in your house and it'll come up with recipes for you.
One that answers emails and you can actually send them out to your email list.
I built one.
Oh, this one was good. I pinned it to my Chrome extension, and it will summarize
like any article, even to the length of a full book. So they have access to 90 plus,
like ChatGPT and Claude, all the different versions and stuff. So you're able to use
all of them without buying into each one. And they also have a free link where you can just do
stuff, but it's really fun. And it's pretty interesting. And for someone who's not a dev at
all, or even that great on computers to be able to build this stuff is pretty astonishing.
It's really cool. This chart here, if you're not watching the screen,
you got on one side broad automation. On the other side, you got AI automation. watching the screen, you've got on one side broad automation.
On the other side, you've got AI automation.
On the top, you've got easy to implement.
On the bottom, you've got deep integrations.
The ones that I've seen the most or I'm familiar with, I guess you say, is N8N.
I'm probably not even pronouncing it correctly.
It seems like this is a leading one here.
It's kind of right in the middle of the chart.
Zapier, I'm also familiar with, Make a little familiar with. And then MindStudio, all the way to the right and top right sector here,
as far as like the easiest implement
and AI automation.
I was following them.
I wasn't familiar until you share.
But like their thing here is it says,
MindStudio is specifically made
for creation, deployment,
and management of AI native agents.
If you use platforms like Zapier,
you will find MindStudio easier, faster, and more instrumented for building AI powered workflows.
So I see, have you, you, have you attempted to build agents with Zapier, innate, or any
of these others platforms or no? No, I've been following MindStudio for a while. And
this, the bootcamp actually forced me to go back and watch all the videos and like do
the exercises and stuff.
I haven't really played with the other ones.
Is the boot camp at your own pace?
No, if you sign up for the boot camp, it's 30 days and it's intense.
But all the videos that we're watching in the boot camp are really available on YouTube.
So anybody can really do it and then you could do it at your own pace
and just figure it out.
But it's like, I'm just saying,
if I can do it, anyone can do it.
Like it's pretty easy.
I don't want to say easy,
but it's fairly easy to create the agents through this.
Like they walk you through it step-by-step.
Very cool.
I'm sharing here the snapshot of the 30-day AI Agent Builder Bootcamp.
Do you want to become a certified AI agent builder?
And when they say certified, I'm guessing that Mind Studio is certifying you.
So does that certification care any weight yet?
Maybe, maybe not.
This is the first cohort, so we'll see but they're we will
see through them but it's just fun to learn it is like you're learning a valuable skill and this
this their their banner at the top becoming a certified ai agent builder in 30 days
a flight of the pre-boot camp now i think this is very much going to be a thing i mean people
are doing it today they're building AI agents for small business,
some doing it for enterprise, sure. But I think becoming an expert in this arena,
it's just like, are there no-code websites? Yeah, absolutely. You could use Claude to build a
website now. That said, a lot of your small business businesses, they'll still pay for these services. They'll still pay for someone to do it,
to build their AI agent. Like, Hey, this is what I want to do. And even though it's easy,
not every small medium business is going to want to go through a 30 day bootcamp. I just,
I think this is a very monetizable skillset. It's only like the demand for this sort of work,
these sort of jobs is only going to grow grow, I believe, as time moves forward.
And the bullet points here, again, if you're not looking in, about the bootcamp, totally free of charge.
Go to amateur to professional certified AI agent builder in 30 days.
Get a credentialed badge that verifies your certification.
Be listed on our database of certified builders and eligibility inbound leads of companies looking to help.
So once you're certified,
maybe no one outside of MindStudio cares that MindStudio certified you,
but at minimum, you're now eligible for inbound leads.
So they're like a top of funnel.
And if you want to help these small beam,
maybe enterprise businesses build AI agents
that help their organization,
this is a path to learning how to do that
as well as getting leads so i think this is interesting
to me the model that they're building is is intriguing uh they close every organization's
people that can build ai agents i would agree what's required of you be committed to investing
a month to level up your skills be able to attend six zoom sessions over 30 days they're one to two
hours each be committed to completing building assignments or homework and be committed to taking a certification exam at the end. Sounds pretty cool. We lost
Saucy Saucy on stage, but appreciate you sharing coming back up here. X has been a little finicky.
But yeah, this is really interesting. I decided to talk with Bunchu about this on Thursday,
if he's able to join us this week.
Yeah, very cool.
Appreciate you sharing.
How far are you into your 30 days?
We just started, so we just had the second week.
I'm in the second week.
Very cool.
Even if you don't want to do the boot camp, every day I try to decide, is it worth all
the time that I'm doing, or should I pay someone else to like come up with the thing?
But so you don't have to do the boot camp.
You can just watch the videos and you'll be able to build stuff.
I think this just for me who didn't put a lot of time into it.
I happen to have a little time the next couple of weeks.
I was it really forces me to watch the videos and and play with the stuff.
really forces me to watch the videos and, and play with the stuff.
But if you're like any kind of native at this,
you can just watch the videos and, and just practice building it yourself.
It really lends itself to like beginners to be able to do it.
And people on there have built all kinds of crazy stuff.
You can also use the stuff that people did build on there.
You can use that for your stuff or you can remix it.
Like you can copy some of them,
you can copy what they built and then tailor it to what you need.
So the site is actually really cool.
It's awesome.
And it is impactful.
Like this is something I've talked about doing.
I've dabbled and played around a little bit.
I know I should be doing more of.
And candidly, the only excuse,
I just haven't got started. I use AI daily, but I haven't got
into the mindset of, okay,
I'm going to use AI on a regular basis to build
a productive AI agent that's going to help me in a recurring task.
Like you talk about email and, and like, that's sort of something like it.
I'm interested. I'm intrigued. Uh, it's, it would be helpful.
I just haven't set aside the time to get it set up,
to learn the basics and something like this will kind of force that habit.
And, um, yeah, I, I very well may be, um,
I very well may be jumping in this afternoon as well.
Got a couple other topics here.
About 10 minutes left.
I'm going to maybe rapid fire.
Jambart asks, has there been any mention of the Binance REC drop?
We hit on an, I think, actual drop day.
But what I did share up top, I pinned the REC drinks. Yesterday, they released episode three of Get Wrecked or Die Trying, kind of like a behind-the-scenes wrecked.
And the title, Making a $50 billion cryptocurrency.
So we say many billions might be undershooting them at a billion plus if 50 billion is the threshold.
But no, more exciting stuff.
But I'm also a fan of these behind the scenes.
We talk a lot about building in public.
Very few teams here have actually built in public.
A lot of them talk about building with their community.
Few have done it or done it well.
And just part of what makes me so bullish is not just price action and number go up,
good tech, but how they're going about it is...
I don't think that's getting enough credit.
Someone said it's priced like a meme today, not priced like a meme that
was launched by a KOL or a crypto Twitter influencer. It's not getting credit yet for
having a strong sound team that is more than capable or proved to be more than capable and
excited to see what they continue to do with this and what's next.
What do they go with after they run the course of the collaboration drops and all those out there
after they hit their million units in year one, where they go from there?
Excited to follow along and support.
Speaking of following along and support, I got to show my favorite website on the internet right now,
strategicethreserve.xyz.
Our guy Tom Lee in the news again with another ETH purchase.
He's now BitMine Immersion Tech, now holds over $3 billion of ETH.
That's up 410% in the last 30 days.
That's 833,000 ETH for those keeping track at home.
Sharpling Gaming, if you remember, wasn't too long ago.
They were actually held more than Bitmine.
This is the Joseph Lubin company that he's leading.
and he's in the process of raising another 5 billion to go buy more ETH.
And he's in the process of raising another $5 billion to go buy more ETH.
So these two, not only do these two continue to leapfrog each other
for the most ETH held in their strategic reserve treasuries,
Ether Machine, we have a new one on there now.
That ticker is DYNX.
They are also over a billion, leaping the Ethereum Foundation,
who was third for the longest time behind just Bitmain and SBAT.
Now DYNX is also over a billion with 1.25.
And I just, I think this sector of these corporations
holding ETH as a strategic reserve,
I mean, if no more join the fund,
the ones you're looking at here in the top 11, top 12 are really material by pressure. But I think, I said, I think we'll get over 100. I
don't know what timeline. Someone's got to go back and check the tapes there. I do think we get over
100 entities. Right now at 66, we first started tracking this, it was about 40. And in addition
to the strategic ETH reserve entities, I got to show because July was almost perfect. I think July
1st was a net outflow day. And then every other day in July was green, meaning net inflows for the
ETFs. To start August, we gave some of that back, not a ton,
but down 42,000 outflows on the first. And then again yesterday, another 133,000 ETH outflowed.
So not the end of the world, but I talked a lot about the green July. I at least wanted to be
fair and show the other side of it. We did flip red here. It does appear that most of the outflows was by ETH,
which they were one of the larger buyers last month.
So it's early.
I'm not reading too much into that on the ETF front.
I do think it'll continue to be.
I would be surprised if we end August in that outflow month in a whole.
But if you look at this chart here, I mean, you want to talk about up and to the right, the bottom is the ETFs.
And you can see that until August there, gave it a little bit back.
And you can see that until August there, it gave a little bit back.
But the green is the strategic ETH reserves, which for all intents and purposes didn't really exist in April and have just continued to stack ETH and over $10 billion of ETH in the strategic reserve entities,
which is already half that of the ETF reserve.
There's 20 billion in ETFs representing just under 5% of the supply.
About 2.5% of the supply is being held by these strategic reserve entities currently.
So exciting times.
I am very bullish ETH. Yeah, the site is insane. I agree. strategic reserve entities currently. So exciting times.
I am very bullish.
Yeah, the site is insane.
I agree.
Kev, I mean, yeah, I'll grab a picture of this tech setup.
I will, I'm going to attempt to troubleshoot once we get the proper aux cable. But yeah, I'll give you, and it's like not messy with intent i tried to do
you know there's some cable ties and try to look as organized as possible but it's it's not it's
not that great simple farmer go ahead and get back in here and then um we'll get blim back up
here and see if he wants to play us out yeah i think you know what you mentioned is interesting
there it just makes me think right away with a lot of the let's say like the top 100 strongest tokens by market cap as they start thinking about okay is our strategy going to be
pushing hard to get an etf first or is actually a better strategy to support some kind of a treasury
company instead with you know starting them off with a baseline of otc deals and then of course
you know they come in and add that bullish price action with the large buy pressure over time.
So I think it's an interesting thing to think about and it'll be interesting to see
which tokens do better, at least
short term. For example, with the Pengu ETF coming,
will the tokens instead that have these treasury companies
that form actually end up doing even better than the
ETF launches? I think they could.
And I hadn't thought this until you just said that.
I wonder
if part of Adam's thought or play
with 5,000 other deeds
in his bags in that ecosystem,
I wonder if
he's preparing for
some sort of strategic
other side reserve
or strategic digital asset reserve
where it's a combination of other side assets
and Ape and Ethan,
who else knows what he might put in there,
but I wonder if he might be heading that route as well.
Go ahead.
Yeah, I think that's a good read of that signal.
I was thinking the same thing.
It usually starts with OTC deals, right?
So that was my read of the situation.
And obviously, if that is a reserve,
whether that would just be with NFT assets
or potentially tokens as well,
usually it's not one individual coming through.
They essentially do fundraising rounds over and over again.
And that's where a lot of this liquidity.
Yeah, I think we lost you there on the audio front at the end, but got most of it, I believe.
That also, by the way, that bit mine at 3 billion of ETH, that's 0.69 of the entire ETH supply.
Nice.
Maybe that was with intent buy there to hit that 0.69 mark
towns that we've been talking about there's a million dollars in towns up for grabs
i will uh the 250 most stake towns deadlines october 5th when you claim your airdrop you
choose a town to stake to choose wisely so it's. So it's like you're kind of betting on like a Boonbird fan.
You can stake it in the burbs and so on and so forth.
So, yeah, I will be.
Oh, we also got a speaking of record with the kind of breaking news here.
Got a free red light district drop.
This is not you know,
not only is OSF a
talented builder and founder,
also a pretty sweet
glitch artist, and
here's this month's free
Red Light District drop.
If you're not familiar with Red Light District,
this is one of his, I think maybe his
first
piece, and all the holders, all the holders get drops on occasion.
And there's that one.
So anyways, all that to be said, Blim, I saw you jump back up on stage.
Do you want to give us like 30, 60 seconds of a song to cue up the play out?
I'm happy to let you give you the mic for a bit.
And then I will come over top with our actual outro to officially shut things down.
But as always, really appreciate everyone being here.
Thanks so much for bearing with us through some technical challenges the last couple days.
Sounds like Bluetooth is sufficient for now.
But I'm going to find working one of these 3.5 millimeter to lightning cable auxes that can solve my connection problems here.
And then, Kev, we'll get a photo of all the cables and cords once completed.
But appreciate everyone being here as always.
If you haven't yet hit the reminder for the rest of the week's shows, the carousel is pinned up top all the way to the right.
I will drop that again to the left.
And I did say we might have a special guest joining us today.
I had to check on it.
And good thing I checked because they were not able to make it today.
We are going to have a lurkey team join us on Friday.
So if that's something you were interested in, not rugging you there,
just coordinating schedules.
They'll be here Friday around 9 a.m.
I pinned this up top but
if you're not familiar with even what we're talking about uh i would show you that quickly
and then blim i will hand it right to you to uh uh to play a quick a quick bit but this is what
they are what lurky is building is audio mind share so we haven't like been complaining about
it but the reality is all the content we put on Spaces
is not captured in any of the InfoFi platforms yet.
It's not captured in...
Kaido does nothing for...
We could talk about Kaido
and their leaderboards exclusively for two hours
and it would do nothing for us
on their leaderboards or their mindshare rankings.
Lurkey attempting to fix that.
It says,
mindshare means how much a person,
project, or narrative dominates the public conversation. But when it's audio-based,
it means who's being talked about the most and by whom. Lurkey measures this through live index
audio data from X-Bases, giving visibility into which speakers dominate certain narratives.
Example, DeFi, Solana, meme coins, which products are consistently mentioned or praised,
which topics are surging in real-time discussions how lurky tracks audio mindshare uh listens to
thousands of crypto spaces and captures mentions of tokens and projects speaker participation
frequency and topics listener engagement reaction conversation clusters and narrative trends all
this turned into index data charts and summaries available in speaker profiles dashboard and apis
pretty pretty cool pretty excited excited looking forward to learning more and uh we will get the
team on friday to dive a little deeper.
That said, Blim, thanks for jumping back up.
You want to play us a bit here?
And then, like I said, about 30, 60 seconds,
and I will play the outro over top if you don't mind.
Yes, sir.
And thank you, Captain.
Thanks for a very insightful space, as per usual.
I go by the name Blim Media.
And, of course, Blim is the acronym for Best Lifestyle Embracing Morals.
And I am an audio engineer, music publisher, and I'm bringing my skills to the blockchain in terms of music,
a replica of what you might see on BeatStars or any of those platforms, trying to to um authenticate it with with decentralized
finance so with that being said let's drop into the 30 seconds of the reggae here we go captain
you got it
all right DeFi DeFi
DeFi
Say I won't tell no lie
The blockchain said there is a limited supply
DeFi
DeFi
Say I won't tell no lie
The blockchain said there is a limited supply.
DeFi.
DeFi XRP file.
Online on-chain Wi-Fi.
DeFi, DeFi, DeFi.
Captain said DeFi.
Quantum, Phantom, Rolls Royce.
I said browser server protocol. I defy defy defy captain
coffee with captain learning about defy all right then give thanks and praises to the most
captain thank you for listening here of course we're exploring the xrpl and of course thanks again for the chance and
stage and big up to all of the crypto enthusiasts of course we're big on ethereum too and um that
was the chain that gave us the intro the introduction to crypto so yes captain thanks
again for the opportunity hey thanks for coming up and jamming with us appreciate you appreciate
the support and that was sweet man that was b. I didn't realize we're getting a freestyle. So that was pretty solid. Best of luck with all your building. And again, thanks for sharing. That said, my guy Steve's not here to send you off, but I'll do my best to send you off in his affectionate fashion. We appreciate all of you. Thanks so much for joining us today. Hope you all have a wonderful, wonderful day, everyone.
today. Hope you all have a wonderful, wonderful day, everyone.
Thanks for tuning into Coffee with Captain, powered by ApeCoin. We hope you enjoyed the show,
and remember, nothing we discussed today is financial advice. Until next time, keep exploring,
stay curious, and we'll see you soon. Have a great day. Welcome to the future.
