Wow, yo, that's Steve guy.
There's no MF or faster than this guy coming on the show in the morning.
Wait, I don't even follow, I just followed you man, I'm sorry about that.
I is no one faster than that Steve underscore LES NYC guy.
He is so quick at joining this show.
I got to give him his flowers right now.
Okay, so I'll join from FOMO hour says, okay, got it.
I have to say, this MF-er is so quick.
I have never seen in some of the first time like he's lady like I always see his APFP like
he's had that same PFP forever.
He's always first to join our show and I fucking love that I want to like, I want to like give
him something for that reason.
I see Mando in the audience.
But it's day five, but we have like 11 days including today to give a thousand dollars
It's gonna be very simple y'all.
Just so you get the alpha.
You just have to retweet what's pinned at the top right now.
Bottom right, just retweet the space.
Follow FOMO hour and roll it and we're done.
But with that, kick it, Sims.
Oh, my life's turned off.
Oh, Tuesday, Tuesday, January 30th, 2024.
Another beautiful day to have a beautiful day.
I got my co-host in the house, OSF Mando.
How are you guys doing today?
You didn't post a... who showed the P&L screenshot?
For those of you who don't know, I'm not going to get into details.
Mando flashed a P&L that's so long along that he put last week when we hit $80.
I mean, he literally said on the show, he's like, I'm long here.
So he shared the alpha with everybody, don't even need to go on his friend tech anymore
And he just P&L flashed in the photo.
No one valued it on friend tech anyway.
I definitely hurt by that.
Are you still on friend tech?
I am on Forecaster as of last night.
I actually have to go GM there this morning.
Actually, I also invited Dan Romero to come on the show in the next couple weeks.
She has a Forecaster who's doing $10,000 back to buy DAU.
Yeah, I think it's the content now.
I saw that you can trade to sell meme coins.
Dude, there's a lot of stuff going on.
I have to say because you have to down this app called Warpcast and everything.
Anyway, shout out to 5511, avid listener, holder, friend of ours, just message like,
yo, no one's got a username yet.
Like you should do it before this pops.
And so I did it last night.
Thankfully, no one had taken my username.
Usually this is like something that gets sniped and then sold back to me at a premium.
Anyways, I'm on Forecaster for those of you who are on there.
It's like really interesting.
There's a lot of like founders on there and everything.
It could be like sometimes get away from the noise on X, not a bad idea, but I'm going
Like other platforms, I'm not sure about, but once they hit a certain amount of users, it
becomes worth your time to go and check out.
So I'm really curious about anyways, that's not a topic today.
Um, and you know, Dan, if you listen to this, you definitely should come on the show one
day and we should interview because it really impressive founder actually just a 10% team
Um, some really good stuff going on there and you're right.
A lot of trading, a lot of different channels.
Uh, you can send points or tokens to people if you like their posts, the like button is
Um, and there's a lot of cool little things on there.
I only spent an hour on it total.
So I'll learn more tomorrow.
I'll probably take you guys through my journey, uh, on far caster and Sia and Sarah's, but
you should definitely go get your usernames lads.
Uh, that's, you know, just, just to have that in case this thing is actually the one that
breaks out anyways, uh, to down the show today, today we got boys.
We have to have a conversation about a few things.
Um, we don't have to go too deep, too crazy, but I definitely, I definitely want to hear
you guys's opinions on a few things here this morning because you seem to have safe and sound
opinions, uh, very often anyways.
So the other show, uh, today, today market report, as usual, the crypto rallies into
Uh, ETFs now own 3% of the total Bitcoin supply, uh, which is pretty crazy.
I said tweet about this and though today I saw Zachville or the Tapper Wizards tweet
So it's a, that's a talk about supply crunch that could come in the coming years.
Uh, it's really impressive.
Of course, again, Jupiary is tomorrow, very two minutes before the show started.
We got more updates to be able to go and check your claim, how much you can claim and stuff.
Ovi, I'm assuming you're on the same boat as me.
We've done seven figure volume on Jupiter, but we did keep checking it.
I keep checking it just in case like, I'm just always like, I'm sorry.
You have no, there's three more, but it's okay.
We're still going to max bid, uh, Jupiter.
We just came in too late.
I was using radium in 2021.
Uh, so, so I should have used Jupiter, but it's okay.
We're going to participate in the next seasons, right?
Raul Pal is like bull posting the shit out of the Solana.
So is Santee actually, I, I reached with some stuff and between Santee, between like us like
going crazy on some Merv, uh, say Mertz or Smurf.
Um, and then you have like Santee Raul and Andrew Kang, like it's like, and then you
have even like case, right?
Like it's like everybody's just like going hard at this.
So it's really exciting, honestly, uh, I'm not going to lie.
Uh, so that there's a lot going on there, but it's also not just like, they're not
just pumping the back to pump the bag.
Some very interesting like use cases being, uh, shown and put out there.
So let's talk about this for a minute here today.
Um, especially ahead of Jupiary that is happening tomorrow.
It's a huge event for, um, for the space here.
Um, and then, uh, you didn't cover it yesterday, but maybe we'll cover it today.
Let's talk about founders in the space a little bit.
And then this was a conversation I started with grail.ease, you know, going off on,
on, on the Valhalla founders, Alex Lynn.
Um, I know it was meant to be on the titles yesterday, actually.
So let's talk about it today.
And then we also saw on the back of that dingling, uh, that came after another
project, which he owned a large, uh, part of, uh, in terms of assets.
And I think he said he sold them all.
Um, and you know, in an act of like, I don't want to say it like this, but an
act of rebellion, like to call out like the founders in the way.
And so it seems like a lot of whales, I guess, like large buyers are starting
to speak up on certain projects.
Um, but Binance also Binance fighting its own bags.
I mean, man, I'm going to go to use it for that once time comes, but, um,
Skyark hundred $25 million NFT, man.
Binance were a whole thread about it saying that, you know,
seemingly that they're not too happy about that as well.
So that's kind of on the back of the topic before this.
And then last but not least NFT Roundup across all chains, um,
you know, Bitcoin salon and East, you know, the quantum cats meant
that not happened yesterday.
I got to tell you guys while doing work, I had the discord open on the side
I was talking to Udi last time.
I was like, did I feel bad for you?
But thank you for the laughter.
And he's like, were you hating on me in the discord?
I'm like, hell yeah, I was.
Uh, but it was just, just a lot of, you know, memes and a lot of fun stuff.
I don't know about you guys, but my money's gone.
Uh, so I, I'm hoping a cat appears, uh, but that was, that was crazy.
Um, and again, goes back to what we always say.
All three of us mint day is the worst day when you're a founder.
Like there's no worse day than mint day, honestly, because from there
on it's just smooth sailing.
If you know what you're doing, but mint day, like it's just crazy.
Um, and, uh, obviously like, you know, uh, magic Eden launched again,
magic Eden again, it's like, we're not even trying.
We don't have a partnership with them.
They just make the headlines all the time.
Uh, magic Eden is multi chain while it goes live to the public.
So there's been a lot of codes being passed around for last few weeks
and months, but that was life like cross chain, uh, their own wallet.
So it's like really like the wallet actually curious, but what you
guys think of the wallet biz because it seems like there's a lot
of wallets out there now.
Uh, and so it's becoming a very competitive, um, industry within
the crypto, uh, currency, uh, ecosystem and everything.
So it's, uh, it's going to be interesting to see what that develops.
So, and as usual, we are giving away a thousand dollars per show.
Um, I got the money now, so I'm going to be ready to send it out.
Uh, we had three winners prior previously.
Three, four, four, I forget, man.
Yes, there was a, I'm sorry.
We're fourth one today with the fifth one of a thousand dollars.
So shout out to roll bit for doing this with us.
So all you have to do is follow from our F O M O H O U R on X.
It's on the stage right now.
I can tap on the space on the, on the icon, the logo and, and, and, and
follow it, follow robot, come or, uh, you know, robot C O M.
That's the, that's their X account.
And then we're going to do different today.
Cause our last tweet was so bought it.
It's like bots keep winning and obviously we keep like having to
struggle at the end of the show.
Uh, so basically bottom, right?
Just with tweet the space, nothing else, make sure you follow the accounts
cause we are going to do Twitter pickers.
So you follow it, but just so you know, retweet the one that I posted.
It already has a 73 reposts.
Obviously you guys are understanding the assignment, which is awesome.
So retweet that, you know what?
Drop a little GM while you're at it.
Uh, and feel free to always comment your thoughts live on the show, uh,
if you have any at all times.
So anyways, anyways, anyways, long intro this morning, but why don't we get
this party started with a market report?
Is it weird that I still do not know who, which song that is until me neither.
Yeah, you guys have such a different jingle.
Like until halfway through, I, I have to like sing it in my head to
realize like who it's going to be.
Dude, like it is, it is a surprise every time to me.
Well, I'm happy that I surprised you every time.
Like it's both of you, you know, I love to hear that.
So what's up with the market, man?
Don't tell us, tell us you're flashing P and L's in, in the
Uh, I think global markets have gone full man, if I'm honest.
Um, we still have the fed to more row.
Um, I think meetings already started today.
It was up like 1%, um, uh, broadly we've, we've just kept ripping.
Like people, people are expecting now a dovish situation across central banks.
Um, as we spoke about yesterday, the fed is, is, um, it's not, it doesn't really
matter, like whether they cut rates in March or in June, it just doesn't really,
like they are going to be cutting rates with inflation where it is right now.
I think I saw where I'll post about it again today, just like down to like
1.7% like, um, on the true inflation measure.
So I think we're about to see, um, a period here of, of reduced, um, interest
rates and probably pretty quickly given how high they are versus, um, uh,
but how high they are versus, uh, where inflation is at.
So strong markets overall, we've definitely bounced from a week, um,
start to the year, it looks like at the highest across the board.
There's some worries about China, but nothing major.
Crypto, crypto, we're obviously heading into month end as well, like month
end tomorrow, it's a big culmination of, um, a lot of risk.
Um, but we hit yeah, 43 and a half.
I think it was even 44 breath nearly, um, this morning.
Uh, and he's starting to catch up slightly.
So we're kind of up about 3% both on Bitcoin.
Um, he's back above 2,300.
Solana again is up at 106, but it was a bunch of different alt coins.
I've really, really ripped.
Um, you have a lot of the AI coins ripping two reasons for that.
Um, Vitalik put out a, put another blog post out this morning.
Um, about the same time that I posted man in minutes about the, uh,
the future of AI and, uh, Ethereum that basically got all of the, um,
And then you also obviously have the Apple, uh, vision pro, which people
have related in various different ways to have these AI coins and moving.
So, um, the big ones there are like towel render.
Um, those ones are up big today.
And then you have some of the kind of hot chains, let's say Suey's up again.
Um, say is up 10% on the day.
Um, so just a strong period for those sort of coins that you would expect.
Like people have been talking about for a while.
I think Seth is back up to close.
What do you say like that?
I thought you heard something we did.
Uh, I'll just, I'll stop myself.
We got to be borderline racist.
Opinions are your own thingy, uh, on the board.
Can you please, Sims, just put the thing that Mendo's opinions are his own.
None of the guys nor the show, no rug videos.
Where's say who even the other say debts.
We're going to get one of the founders on the show.
Uh, anyways, so towels up 30 points, man.
That's pretty Dan Edelbach.
He doesn't sound Korean to me.
No, it's, it's multiple people.
Um, got an answer actually, which is going to be really cool.
I hope he said it was Korean.
So, uh, no, that was the beanie narrative, bro.
Ovi beanie's been tweeting that it's Korean punk, but it's not right now.
He's trying to, okay, Dan, Dan Edelbach.
That's that's not like Edie dash E L dash B E K.
It's not, it's not, it's definitely not.
Obie's having fun this morning anyways.
So on that, talk to me more about like at all times.
He says at all times hosts opinions are their own and not
representative of the show of reg guy of decrypt of rug radio.
And speaking of which happy birthday Sims in the studio down there.
I want to see, let's, let's get, I want to see some hundreds in the audience, man.
You know, Sims is one of the people, thank you, mate.
Um, Sims, you know, Sims, all the reasons that we, we, we, we managed to show up
every day and do this with you guys.
He picks up topics for us in the morning.
He sets all the articles.
He like prepares a studio.
He screams at us because we're on the studio by 10 29 in the morning.
Uh, he makes sure that we're on time with our topics.
He'll scream at us as we're late on the topics.
Uh, he also helps us set up all the robot shit.
So, you know, shout out to Sims, give him a follow.
I want to see some happy birthdays in the audience for our boys.
Sims anyways, back to the market, Mando.
I have to say, I just love one of these comments, which is by endo Kenji.
I was hanging with Dan and soul recently.
I don't even know if that's a joke or not.
Like that is, I have to say though, or YouTube, and by the way, we broadcast
the show live every morning for a new cover.
So every morning we're live on X and on YouTube, the rugby, the
YouTube are also live on my account for more.
We're usually all the boys that we all post it.
Uh, but anyways, um, the YouTube comments are usually gold.
Um, so yeah, today's gonna be a fun show.
So we better get along with it.
Uh, so what's up market wise?
Obviously there's a lot of talk about the Jupiter airdrop biggest airdrop
Um, and the other big thing is obviously what's going on in the ETF.
So the ETFs are just, I think we saw 250 million in the
inflow rest yesterday fidelity alone is now outweighing GBTC outflows.
Um, fidelity is basically be seeing a hundred to a hundred million to
200 billion of employees every single day.
Um, and people are saying now they can build up about this because, um,
obviously you have low fees for the first few months.
So people are saying, Oh, well, actually you're going to see huge
employees now, um, in for those first few months so that people
don't have to pay the fees.
So I don't know, but there's been a lot of bullish takes on the ETF over
the last 24 hours, there's been some other bullish stuff going on.
Um, some news about some of the airdrops.
So it's like the stock net airdrop is going to be coming in February.
That'd be another huge airdrop.
Um, they also announced a collaboration with Celestia.
It looked like yesterday.
Um, you had the dim airdrop, which was another huge airdrop.
I think Pudgy's got around $7,000 each Pudgy got three E's because
people like myself that hold Pudgy's didn't have the claim.
So they gave it all the unclaimed stuff.
I love that they did that by the way.
Um, yeah, that'll be, that will happen with these.
Um, if you remember that, uh, like having with optimism, that
happens, it will happen with all of them and people don't claim
they'd be like, we distribute them.
And then if you hold them and you stake it, you get another airdrop.
Like this is airdrop season is, is really picking up, but the number
one focus is to do with your airdrop.
They did announce today some details, um, just before we went live on
the show about like habits can be distributed.
They've been very vocal about like investors are not really getting tokens.
There is no, no, there is no investor token.
Like that's, he made that very clear.
Like he was saying that there's no VC that got tokens because he, and
he was saying, not that he hates VCs and stuff like that.
He just wants to make it like, he's like, this is not how Jupyter is going
to launch its token, right?
So I thought that was interesting.
So people are getting, I mean, I think I saw easy, what's it?
I think he's getting pulled up.
Um, he's getting pulled up.
He said, so right now, obviously people talking about it is trading in the gray.
We would say all trading pre-market, um, and it's trading around seven and a half
billion people are saying that like circulating values coming out already
If this goes to five X, if you go to 6.75 billion, um, like people are
getting super bulled up about how, how big this ad drops going to be.
And also how it will trade on the break.
Every single exchange that I know is trying to list this coin, right?
So, and none of them have got the coin.
So you're going to see a huge bid come in from exchanges on that first day.
Every single one is now geared up to try and list it.
So it's going to be wild.
I expect it to trade around a lot.
Um, obviously we've been talking about how to trade various different
things on the back of it.
What's going on in meme coins.
It feels like the main thing in meme coins at the moment is they're
running back all the, the, the stock tickers.
So GME, AMC, they've both had a big run.
GME did a five X overnight.
I'm so annoyed because I was, it just seems so obvious to me.
Um, and a bunch of the other, like every, every meme coin, every means meme
stock that you were trading 2020, 2021 is becoming a coin is now a coin.
So what is there going to be bed, bath, and beyond next?
Like he's in all the fucking second tier ones.
So, um, yeah, like that's the, that's the new thing going on.
And all the other ones, like the wind token got a lot of listings.
It's gone below a hundred.
It went back to one 70 right now.
No, I just saw a tweet this morning.
It's a lot is 120 or is it?
Everything got decimated because everyone's waiting for juke.
Cause, but the thing is the anticipation of Jupiter, right?
Like if you saw even last night, I was up to later and like, you know,
Solana started running and wiff was running with it to three 50 and then
just bounced right back to something.
I don't think Jupiter is a negative, negative thing.
I think people are just underestimating the life cycle of coins on Solana.
I didn't even mean that in the negative like light is just, it's normal
for people to take their bag and, and get ready ahead of juke.
Cause everyone's bullied, like pulled up, right?
Yeah, but I think Jupiter is a bullish sign.
On each would be like a month is happening in like three days on Solana.
So like be super careful if you are in Solana meme coins.
Like it might feel good for like a day or two.
And like we've seen like, let's go through it.
GME is now doing this move.
So it was gone from five to 30.
Who knows what happens there?
With went all the way up to 50 last night for four, but it was at 450 million.
In this world, when was at 80?
I, I still think it's due personally.
I think you had some mini, you've had some mini cycles in between then, but
like, I think everything, I think people are like worried that people have seen
that when, when, when, when came.
Yeah, it took liquidity away from all meme coins.
And then that's happened in the past before.
So I think people are worried that that will happen with Jupes.
I think it's like, you've seen that already play out now.
Um, and I think the life cycle has been quite, yeah, some of them are very short,
but some of them are longer than you think they are, I think.
Um, and so I think, I don't know, we'll see, like, I have a feeling we're
going to rally on meme coins, like tomorrow, before even like, before even, yeah.
I mean, if it doesn't ride by the weekend, it's like fucking, you've got to
get out of all that shit, but I have a feeling you'll see it happen much more
quickly than than before, because I think people would probably exit all meme
coins that don't catch a bid post airdrop because that means that nobody
has interest in them after they get their standing.
It's like that tweet I said yesterday, I said, when profits will flow to Jupes
and that's literally happened.
And like so many people hated me for saying that because they all own
when, but guess what, it's down 50% now on a day.
So in the next stage, it's like the Jupes value will cause a soul rally
and we're seeing the soul rally now.
And then I think they'll be, those, the profits will be there and
they'll flow back into other things.
Well, they're not just flow back into a new meme, there's just fucking
new meme coins every day.
There's also so many new narratives.
It could well be a new meme, I completely agree with that.
And that's why I think you have to be really careful with the
I think some have lived through multiple of these mini cycles.
Some of them die in a mini cycle.
I think that's where you have to be careful.
But yes, it could, there will 100% be a brand new meme coin that will
be timed right after Jup and that will do like a 10X and that'll be
the one and people will be holding on to some other meme coins.
There's a new 10X every day.
Like, I feel like if I know these, I've known these meme coins
for so long, but like they, like Harambe is 13 days old.
Wiff is only two months old.
When we ate that, we got that, we got that in December, right?
It tells you about like the timeline here.
The shit is like spinning up and spinning down and like, just be
super happy in that world.
NFTs feel a bit, bit more stable than even in this environment.
They're just grinding high, but like, um, this, this meme coin
cycle is one to, you can make a fortune on.
Like there's no, I haven't seen anyone be able to make as much money
if they have some of these meme coins.
You can also get absolutely.
Well, you can also lose like a lot of the people that make a lot of
money meme coins, give it all back the week after.
Oh yeah, of course they'll roll into the next corner.
It's like, again, we were talking about this yesterday, the casino, like
Most people don't just leave the casino with the gain, right?
I mean, including like, I mean, I've done this multiple times where
like I got a nice little hit and then, you know, give most of it back.
Just, you know, such as the life of DJ and we do have, you know,
speaking of billionaires, um, we have Sobey on stage.
So fellas, just trying to get my steps in.
Listen to the boys talk, trying to get my steps in, trying to get my steps in.
Sobey, what do you, what do you, what do you think?
I mean, you, you actually, you have been following the salon ecosystem forever.
So like, how do you feel about, you know, Jupiter airdrop coming on tomorrow?
Uh, I think it's going to be similar.
Um, I think it's going to get people to take, what's funny is like a lot of these
eth heads will like have an opinion on Solana.
Then four months later, they'll use Jupiter for the first time and be like,
holy shit, this is awesome.
So man, how did you form this opinion without using it?
I'm still seeing that stuff.
Do you think that people are people are going to rotate their Jupiter into
Zay, as that was going on, bro, chill out with the fed talk, dude, I think though
that like, you know, this is obviously like mid-curved the Solana shit, but
everything else kind of worked out, but, uh, Solana just has a strong dev
community, man, that's like the hardest thing to do beyond just building an actual
tech stack is that social layer.
And I think you've seen a lot of resilience and honestly, like 10,000
there's a better product than blur.
Jupyter is a better product than Uniswap.
I think the difference is like Solana attracts a lot of builders that come from
high frequency trading or people that are just like throughput maxis versus
like, like Hayden Adams the other day was like, Oh my God, crypto.
Everyone talks about the price.
Like, bro, you literally got rich building a fucking protocol that lets
people speculate on the price.
And now that you're post economic, you're going to virtue signal some
bullshit, I find those things about like, East culture, very frustrating.
And a lot of the people that lead the East roadmap, it feels like don't
even use East, like they're just dudes that did the East ICO or super rich,
like have a fucking nomad visa or like live in Switzerland and just, you can
even see that from the fact that people thought like, Oh yeah, you're
going to self stake your own fucking East bro.
I know a lot of people that own a lot of East, but I don't know.
Not a single person is self-saking cause it's fucking scared.
So I think in relation to all those things, like the Solana, Solana ecosystem,
I think this is going to keep performing well.
I, the worry though is, um, I think you're seeing this right now with
like, uh, points, everyone's doing points, even fucking empty.
That's the global top for points.
It's a lot of people are getting formed and so what I hope with the
Jupyter airdrop is that these other platforms, um, you know, actually
start dropping their tokens.
I think that's like margin five, kimono drift.
Some of these other ones all have points.
And I just hope that they launch on the tailwind of the Jupyter airdrop.
I think that was similar to like the Jito airdrop.
I was hoping that a lot of projects would launch their, uh, the
airdrop their tokens right here.
Cause it has like a really nice compounding effect of like liquidity and how
willingness people are to be risk on in the environment.
And it's cool that I think the Solana ecosystem is going to get a second
chance at that, but it's going to be a massive, fast liquidity boost.
And I think it's going to be pretty cool.
I'm, I'm a Solana enjoyer.
Yeah, no, I remember you guys were, you guys launched on Solana
first, uh, a couple of years ago.
And, uh, and so it's going to be, it's going to be a big day tomorrow.
It's going to be a really big day tomorrow.
You can already like really, really big next few days.
So when is FOMO our launching points, bro?
Um, but you know, what's interesting with that fed, fed, fed back at you.
He's like trying to fed me back, but you know what?
Like I saw someone, uh, tweet yesterday.
I just, I got, I'm going to find it again, but it was someone saying like the
whole, like it's like a lot of someone seemed to think that like doing the
whole points thing across the board in crypto is like setting the space
backwards a bit where like the point, it was like to tokenize things.
And now we're just making points.
And it's interesting when you say so, but it's like, instead of like
forming people are being the participant that was being formed.
And I thought, I think that's pretty interesting that you bring that up.
And I think you're right.
Like that the Jupiter and the way they're approaching, uh, everything
that they've done, you know, the team, um, I don't know.
I just, I just think it's really interesting that, uh, there you go.
So it was, it was Alex Krueger.
I'm curious your thoughts here.
He said, um, the crypto industry invested yours encouraging businesses
to replace their points rewards programs for tokens for good reasons.
Tokens confer ownership are programmable and composable.
Then 2023 happened and now crypto projects are all issuing points themselves.
I, it's pretty good take.
Like, what do you guys think here?
Like, is this setting us back?
So I kind of like this take.
So our go to market for design when we did this like crazy test net was
we basically used, you know, galaxy as like a quasi offer wall, if you will.
And we had points as well.
Um, but it wasn't like on the front end, I guess it was like through galaxy.
Uh, and so for us, we, we didn't announce an air drop ever.
And I guess we're kind of an edge case of like a project that kind
of grew really fast out of nowhere.
But the intention was just like, we want to reward people for, you know, testing
the protocol, making sure everything is working and never once were we like, Oh,
wow, like let's delay this or further do this thing or whatever.
So we can keep getting the usage.
It, I think the problem ends up happening is that like these protocols get worried
about this pre token launch go to market is like the only time they think
that's when their users will peak.
So they just don't distribute the token.
Um, the other thing is like now when you have points, like everyone thinks
you're going to get an air drop, right?
So like the overall macro of the mark market has changed as well.
Like everyone's like farming all these different points, all these different
things, I think, you know, the farmer getting formed is really like the issue
here, even with Jupiter, like I was like, Oh man, they should have done
their air drop after judo, but the head dev is like literally in the
hospital, like posting from the hospital and people are still like, fuck you
launch a token, which I think is just very funny about how this industry
works, but, um, teams just need to realize like, bro, just launch your
token, like if you're going to do one, just do, I think that's the worry
is like, everyone gets, gets too cheeky, gets too smart and things like.
We're going to launch the token when the fucking GBTC flows, uh, aren't
net negative anymore, dude, shut up.
Just like launch your token, let it do its thing and keep shipping.
That's like, I've, you know, I talk to devs all the time and then they're
just like always trying, it's funny that you have people that don't, are
building something or trying to try like time to market, obviously it's
different, like launching something in the bull versus a bear, like a lot
of people I knew weren't necessarily launching things last year or even
doing the news because like just no one cared.
But yeah, I think the issue is these projects are going, like they're
basically looking at their usage numbers and they're going, okay, like
once we launched the token, if our usage goes down, it looks really,
really bad, but it just means that like you didn't build a strong
product, so sorry, like that is just what it is.
I think like, and also a counterpoint to like what that, that tweet is also
like the points also probably, especially within the States and I guess
more Western, like it's like a result of like, um, um, legislation that's
like being really tough and there's no real legal framework around tokenization
and tokens in general and the issuance of everything.
Like you all know, like there's so much stuff that you have to like set
up in order to like get a token out and everything.
A lot of people go for points first for an onboarding process that people
understand, um, and, uh, and so I think that there's also that friction
probably why most people go through points first to see if there's
actual role demand for something before like launching a token.
So I guess I understand that part too.
Uh, and why 2023 went heavy towards points.
Also mind you, 2023 was not a bull market yet, maybe towards the end
price action, sorry, catching up to it, but definitely that most of
2023 was not great, uh, for the market overall.
I thought that was interesting thought and interesting last thing on
Jupiter before we go on, um, O V.
So on the official website, just everyone needs to be careful here.
There's going to be a lot of scams in next 24 hours.
Yeah, there's going to be a lot of fake claims, a lot of fake websites,
a lot of fake gold badges, blue badges on X, everything.
You got to be very careful here.
Everyone like don't like ape into something and just run into
signing a transaction and lose everything, please.
But you can claim, which by the way, this is the saddest thing ever.
Um, this is like, no, but what's this part over?
You can already set up an order for Jup in advance, it seems.
I just saw that even if you don't, um, yeah, that
might explain why we're maybe people are already sensing orders to buy it.
Look at that trade instead of the order preset limit orders or DC in advance
to acquire tokens at launch new tokens are volatile set a maximum price limit
So like you have an initial price is 4 cents and max price is 69 cents.
And the max, I'm not sure how much it is, but you can already set up DCA swap
and limit orders on Jup ahead of its launch.
I don't think we've ever seen this before in like execution.
There must be so many orders at the max price.
And that's this, this, I was like, I was sitting here wondering like,
why is everything already setting off before this airdrop and that before
this token is launched and that makes sense already.
People have already sold stuff to set orders at the max.
And I guess like the orders are probably done in time order.
So the earlier orders get filled first.
Oh, even if you can even buy it, then, you know, like it like maybe you didn't.
I did it for when as well, apparently.
Yeah, this apparently did it for when.
So people should just go and check it out.
Honestly, like this team is so good.
I know we talk about them a lot.
We'll stop once the Jupiter like airdrop happens and stuff,
which is obviously we have to like, this is like what's happening right now.
And they're really just killing it in that front.
I just amazed at me how so many people still are not paying attention to Solana.
Like this is going to be one of the biggest airdrops ever in crypto.
Yeah, this could potentially be like, as so be said, like as big as that
the Uniswap airdrop, which is huge.
So like, you know, like whether you like it or not, you can't ignore that.
This is going to have an insane impact.
Like if this thing comes at $7 billion, that's going to be about $700 million.
It's going to be what they already saying about it's going to be north of a billion
dollars, like of like free money coming to the market.
So it's just it's just an insane amount of money and you just can't ignore it.
You don't even have to like own any Solana or be involved in it.
But you can't just pretend like this isn't happening because it is.
And it's the biggest thing to happen in crypto since these.
Yes, it's going to be the best thing.
So it's like there's five more to come, right?
We have like we have answer to the tensor of marketplace token.
Yes, we have like Camino.
We have I'm trying to think of the other ones like margin five.
I mean, Jupiter is also in multiple seasons, like it's not one shot.
And so like this is this is the true golden age of air drops.
That's what that's what I would call this period right now.
This is like I don't think I don't know when the last pair was like.
I guess when he was 21, the EECO had insane air drops in 21.
And then Sobey said it, Uniswap 2020.
The thing is, too, is like these are so easy to form like the Gito
air drop super easy to form.
Right. And like these cap tables are a lot more like Chad, honestly, too.
So like Jupiter is pretty interesting in that regard, too, of like
there is no institutional capital that has exposure to it.
And I don't think the team is like the team that will be like, oh, yeah,
we'll give you a discount.
They're going to just tell all these people to go buy in the open market.
So that's like an interesting difference, I think.
I wonder if that was similar back in the day to Uniswap.
But Uniswap was founded from a grant from the foundation.
But I think Paradigm picked up Hayden Adams pretty early on.
Yeah, I saw DWF tweeted about it.
Do you know if they've got like a market maker in place?
Or is it just like, again, whoever the fuck wants to get involved?
The way I was talking, like, it seems like he's just going for it
and everybody's going to fight to get involved with that.
Like, he probably built a project so interesting
that everybody wants to be a part of this.
Yeah, like, I don't think he even needs it.
I don't think he needs anything.
Also integrating Jupiter Exchange for our prop trading is aligned with our strategy
to be deeply involved in Define Support.
I don't even know if he's the market maker.
He might just be like a fan.
Like, I genuinely think he has built such a good product.
Like, the Jupiter team has built such a good product that everybody uses.
I think like this is one of the really good examples of a very successful product
like that's being fairly launched to everyone, used by everyone.
It's going to get listed and like, OK, maybe like their skulls.
But like, I don't know, man, that that male guy, he's he's hella transparent
on the timeline about how he's approached everything.
I've really enjoyed reading him.
It's interesting, though, that like as a product, it's not actually
the same as Uniswap, right?
No. So like as a product, it's actually an aggregator.
So it's it's like one inch that goes to it goes to all the different
like that's why often when you trade on Jupiter, you're actually trading
on like orca or you're trading on radium or something like that.
It's more like one inch as a product.
So it's more an aggregate.
It's more like blur for that for that perspective.
And it's now going to start bringing in LPs.
But like, yeah, it's not actually apples for apples with with the Uniswap.
It's a slightly different model.
Yeah, it's going to be a man.
It's going to be so interesting.
Like I got I'm just happy to see people like
I'm just seeing people like in my ideas right now, even talking about
like their juke airdrop and the amount that they're getting airdropped
and they find the fucking sick like there's going to be a lot of wealth
being created tomorrow and from tomorrow on for this space.
And it's freaking awesome.
And I just love the fact that it's goes mostly towards that community
that like almost got decimated a little bit over a year ago.
Everything was gone with the SBF and FTX going on
and it's like thousand percent up.
And then you have these airdrops back.
All you had to do was what?
Stake one soul to get like a ten thousand dollar airdrop.
Like, I just love this stuff.
Anyways, let's move forward here into our next topics of conversation today.
Some big ones that we couldn't touch on yesterday
because we're talking about a whole bunch of other stuff like usual.
But, you know, you'd love to see that.
So this whole like founder thing in this case right now, right?
There's a lot of conversation going on.
Alex Lin, founder of Valhalla, you know, announced, you know,
and I believe like I haven't followed the project much, didn't mint it, whatever.
You know, it seems like there hasn't been much going on for a year
and then comes out and there is a a new a keyboard that they're launching.
Whatnot to try to sell the keyboard.
And then I'm going to share the screen here.
Grill that is we should actually great exchange last night together.
It's funny, a lot of people thought him and I were like fighting.
But we ended up like just agreeing a bunch of stuff.
goes, what the fuck is this shit?
And then and then goes, I'm in 15 of your NFTs to show support.
And then buy more on the floor.
I didn't give you ease to build a fucking exclusive keyboard that no one asked for.
You had one job and you failed so far.
You should be absolutely ashamed doing your community in like this.
And so obviously that went haywire.
That went completely viral.
I think it was a couple of days ago, 20,000 views on the tweet.
You know, hundreds of tweets, likes, et cetera, et cetera, et cetera.
Obviously, which leads to like even more back and forth on the timeline.
A lot of people chiming in on that.
And then and then and then and then you have, you know, dingling.
Chad, you know, collector, founder, enormous support of the space as well.
Who, you know, who chimed in.
But this time about another project, which is
AOF first, I believe, saying that, you know, he's dumped all his assets.
And that, you know, he wants nothing to do with the project because nothing happened.
And then backs it also with another tweet.
So it's this one saying dumped 143 AOF first founders keys
after the team's latest update, taking about a 60 East loss overall.
I usually just let NFTs in my world go to zero.
But teams like this that don't appreciate their community
don't belong in web three.
Why even launch an NFT collection?
And then he backs it with another tweet saying, I used to hold.
I used to just hold a slow rug NFTs to zero
because I don't want to dump on the NFT holders.
But now thinking about it from another angle,
we should be more proactive in holding teams accountable.
Otherwise, we'll just keep getting rubbed over and over again.
I mean, I went on yesterday.
What do you guys think is here?
I mean, I for me, like, I think this is more of a specific thing
to the eth NFT ecosystem for the reason that like the salon
and the ecosystem is like, yeah, twenty four is some projects.
Obviously, a lot of like vaporware at some point.
But right now, it seems like a lot of the top writers
have their shit going on for for them, like tensor and saurians.
You look at mad lads, you look at a few other ones.
Eth, a Bitcoin is too young to go and judge the entire ecosystem yet.
So specifically to eth ecosystem.
So yesterday, I went on DJ's, right shameless plug here.
So I went on yourself and I pulled up the top 20 eth NFT projects by floor price.
And this is not like this is not me trying to like donk or whatever.
I could not name maybe more than three to five teams
that genuinely are actually building a sustainable business
that could potentially generate like, you know, cash flow,
like a positive cash flow business or anything for the matter
or a project that has anything more than events.
But that then went on the timeline.
And that was Alex, I also said that.
Events is like a byproduct of what you should be doing for your community.
Mind you, they charge you for everything in there
after you paid for the event for us with this holder.
So what do you think here?
What is what is the problem?
Is it is it an adoption problem?
Is it one of those things where, OK, we're going to sweep it under the rug
Is it a what's the issue here?
How come the top projects there is fuck all being done?
And honestly, like a lot of talk to a lot of founders
and like I see you all like on the timeline tagging me.
But look at this. I read a lot of it.
A lot of like little projects doing much more in the top ones, honestly.
And they don't care about their floor price.
So what do you guys think? I kind of want to ask you to.
What is going on in the space right now?
Why can't we fucking get the right shit built by the right people? Right.
I don't know. I think I think there's a there is so many fucking things.
But I don't know if this is like me being slightly more cynical.
But I also think this is like just the nature of the space that we like to gamble.
Like, OK, yeah, like these big holders coming in and being like, oh, you know,
I wish you built that like every everyone's coming in for the pump at the same time.
Like there are very there is that community aspect of it.
But let's be honest, it doesn't need to be one to five.
It's 10, 10, like part of that is is is just about like narratives and and pumps.
And you've seen that spectacularly get taken even by VCs at just hilarious valuations.
And they realize actually there was nothing really really there either.
So I think I look, I do love crypto and it has this own community.
And I do think NFTs are a really good way to perhaps bring some of those communities together.
But I don't know how much you can necessarily overly expect, particularly on ETH,
where there have been no trading fees paid for any utility for for a long, long time.
So you're really just going off initial mints.
But the incentive, there's a lot of money going to.
Yeah, but the incentive to keep it up.
And like, I'm just telling you, like, just the way that humans are like,
they often will not decide to keep it up.
Like, but it's like, even the way that he was describing that is that
he's going to sell you another product.
He's going to sell you a mechanical keyboard like who gives a shit.
So I think the incentives have moved away from the ETH market.
So I think you're going to see so many more of these, like projects with basically
if you've stopped doing anything for a long time, then bring out another product
which you have to be a part of because the business model broke.
I also just think there's just a lot of gambling going on.
So like, sympathy for who? On what side?
I feel sympathy on the holders side.
But also, like, I'm not sitting there like I kind of I kind of believe
in the ding-a-ling first one where you just you just let it go to zero.
We're not sitting here going like I bought blue chip stocks.
Like we we we bought like promises from cartoon jpegs.
So like it's it's you have to understand that we're not we're not like.
OK, but you're not dealing with the one percent of like entrepreneurs
in this space, OK, from these narrative from a kind of a nobody often.
Like, don't then turn around and be like, oh, my God, like,
I cannot believe this has happened.
This shit happens like this is like B.C.
Investing to like mix with mean points like OK.
So you're saying and I've read that a lot yesterday after tweeting out stuff
like that is that the gambling nature of the space makes it that, you know,
it's really more centered around hype and attention and marketing gimmicks
than like actual execution. Right.
But, you know, I won't go to you.
But it's like, how come it seems that every single time
and I'd love to be counterexamples, people can tweet at us if you want
or in the comments I'm reading on YouTube and X live.
I'm reading live as you guys type.
But how come that every time there's a project that raises an absurd amount of money,
there's absolutely nothing that comes out of it.
I mean, you guys sold NFTs once not to touch you guys's horns.
It was like two years ago, right?
That meant for DJs originally.
You have built a lot of value back to your holders like as a holder.
I meant that you I didn't even know you guys.
I just meant that your shit because I thought you guys were cool.
Honestly, two years and 21.
So I got it. Then I got the record.
I got a lot of value from it.
But also, you guys never set expectations crazy.
But like now you have the DJ's finance thing.
Like, obviously, we see like you have good tools, right, that people use.
And I don't think you guys raise money.
Nor did you sell a lot of NFTs.
But then you have like a lot of projects that we hear raises like 10, 20,
And there's nothing going on.
And this is where last night, I'm like, fuck, like.
Because, like, yeah, we sold NFTs personally speaking on radio two years ago.
Well, we've been showing for the last two fucking years that we're executing
and at least trying to do something.
And I feel like our like our space is just missing grit.
Is it because of this space?
Is it this am I like being too critical of Web 3 and the NFT space?
Like, or am I not being like it's like my friends that are founders in Web 2.
They don't just fucking stop after six months of not getting likes on Twitter,
bro, like they don't just stop building.
They try, they try, they try.
Some of them I invested in, like they still email, hey, guys,
like we're running out of cash.
This is what's happening.
They're not just stopping.
We dropped the ball last year.
The fuck you mean you dropped the fucking ball?
You raised 50 millions from VC and a 0.5 East, man, like another 5 million.
Oh, and Kevin Rose and proof raises 50 fucking million dollars, like,
or like another brother project.
What do you mean you dropped the ball?
Like, you can't even like do something.
Like, maybe it's because we're built different and we were built to just build.
But it's just like even at times where I was like, fuck this, like, I'm done.
Like, this is too tiring.
Like, you kept going, dude.
And then we just kept going.
I mean, Ovi, what do you think?
You're also a founder, you're the artist.
You guys have built stuff in this space.
You have been critical of projects in the past actually on the show as well.
What is it with these projects that raise an insert amount of money?
I'm not talking about the small founders, the mall and pop shops of this space
that have no money, low floor prices, but they're still trying to have big ones.
We can't seem to get shit out of it.
I just think like lots of people are very good at marketing and obviously very good
Well, they're not good at raising capital.
People are very easy to part with their capital in this space because everyone
So I think people recognize the opportunity and come in and try and just do
something and they realize they can just raise money and have a go at something.
And they may not be qualified.
And, you know, if you take your skill set and your background and you try and
raise capital to like investors, you have to go through a lot more hurdles
before you get that money.
But in this space, there are no hurdles.
It's just like you just fucking say market something really well and everyone
just de-gens into it and maybe they make money at the beginning.
And then, you know, inevitably, unless you actually have a good idea
and some substance behind the project, it just trends to zero.
And sometimes I bet you some of these founders aren't even like
They've like hired all these different people and all that kind of stuff.
They're trying to build something and it just doesn't work.
And I just think it's because you don't really have a business model
that is a good business model.
And it's no different to the startup world where like 99% of startups also fail.
But, you know, this space is like much more public in your face
and it's an element of building in public.
And, you know, you're in a forum, which is Twitter, where everyone is talking
about these things that doesn't always happen with crowdfunding
and private investments and stuff.
But that's not to say everyone should get a blank carte blanche to come in
I just think some people are good and some people are bad.
And I think it's on the founders that we should uphold founders
to a higher standard, but it's also kind of like on the NFT
as well, like what the fuck did you think?
Like these guys are going to come in and make the next Disney.
Like that's kind of on you for messing that up as well.
So I think the blame lies on both sides of the coin, in my opinion.
And yeah, maybe there's an element of like, you know, if Ding-A-Ling...
Some people, someone will literally be like,
oh, Ding-A-Ling holds 200 of this.
Like, I'm never going to sell this.
Well, like, you know, if Ding-A-Ling did start dumping all the shit,
then people would be like, oh, fuck.
Like, I'm never going to touch the thing with these guys again.
I'm not going to keep holding my facts or whatever.
I think Ding-A-Ling should do what he needs to
because he's the one who bet bigger on these people.
Like, for what it's worth.
Like, he puts so much money in the ecosystem.
I don't think it's fair for even them to lose it.
The money he bets as a proportion of his wealth
is probably the same as someone who buys, you know,
For him, it's probably nothing because, you know,
the guy's clearly a well, but people follow him.
Like, people, like, alpha groups will be like,
oh, like, Ding-A-Ling just swept 100 of these.
Like, let's all go in and they'll go in.
And the next thing you know, like,
the thing's fucking caught with his pants down because...
Because there's nothing there, so...
I'm just using this as a recent hyped mint.
What was Crypto Undead's?
I don't know, but he gets benefit out of the doubt
until he fucks it up or not.
No one's calling it out beforehand.
I think I've seen a lot of people try,
I know what you mean. I know what you mean.
Traders and founders are in it for the idea
that this can somehow catch on.
Like, it was really just good marketing and some hype,
and now he's got a pumped mint.
But, like, I also was there at that mint,
and we weren't sitting there going like,
oh, no, there's not enough due diligence in this guy.
Like, everyone was in it for the same pump
There is portions of blame here for everyone.
It just gets messy when everyone realizes
it's not going to work out
and then everyone starts pointing fingers.
I'm not saying that these founders should just be like,
oh, you can get away with that.
Like, they clearly should be accountable.
But, like, if you see a hyped mint
and it doesn't work out, like, it was hyped by everyone.
It was hyped by the community all calling for 1,000.
Because they wanted it. They wanted the gamble.
When the Valhalla thing was going on,
a lot of people were pushing that.
And I remember some people, yeah.
At that exact time, I agree that there was...
You know who was the only person
fighting Valhalla on the timeline?
I had to throw that stuff.
So, like, I think they'd probably write
because they'd really depended on themselves at that time.
And then they've gone on for absolute jack shit.
Like, this stuff happens every week.
Like, even the mint, like...
I guess quantum canceling is a good example
because they've got the taproot.
But these hyped mints, they come every week, right?
And they are often unfunded.
It's just like, oh, they've got 1,000.
They've got, like, ether.
I remember it, but you're right.
Like, what the fuck happened there, too?
Like, there's so many of these, dude.
Like, I'm super hyped mint.
Everyone's in it for, like, the idea of it catching on.
It doesn't quite work out.
So, all I would say is going forward,
know that you think's happening every week,
know that I've only ever, ever seen the Azuki mint
be a well, you know, that they've done well from a hyped mint.
I don't think, like, Board H is like...
I go through that top 20.
No, Board H was a .08 mint, bro.
That's like, you can't...
Nobody can even say anything at this stage.
She was like, fucking nothing.
Just know that that's the case.
Know that everyone is kind of responsible for it.
And don't go in there, like,
assuming that there's going to be some crazy things expected.
But at the same time, like, yeah.
I mean, me and I are supposed to even chat about, like, meme coins.
Like, you know, we've spoken about it before.
Like, I think everyone is in it for me.
Like, some people have this really, really bad view of the meme coin creator.
But I also think that the meme coin...
The second person to buy the meme coin,
the third person to buy the meme coin, like...
There is an everyone about this world.
Like, the original creator of the thing we're all going to speculate on,
they have, obviously, a tribute.
Like, they have some blame.
But everyone is involved in also trying to pump up these narratives.
And sometimes it works out.
So you've got to accept that you're in that world.
I mean, it goes back to Kobe's comment last year or two years ago about being...
I never see these being all coins with pictures.
But it's just crazy to me, like, when you hear about these massive raises
and I'm like, what are they doing with that cash?
Like, we know what we're doing with our money.
For us, we have another town all fucking tomorrow.
Like, we do every end of month and we present to people where the money is going.
Yeah, that's why we're a fucking business.
Like, you're a real business.
I think we've even tried to not do...
I mean, DGen's was a paid mint.
But after that, we haven't even...
Everything's basically been free, right?
Everything's been free on your end.
But I'm not even saying that people should follow what you guys did
We're ultra transparent with how we spend our money,
sometimes to our disadvantage, right?
Because sometimes involving the community even too much
can lead to a balance of things that can hurt, right?
But for us, it's really awesome, right?
It's really smart people, they're supportive, they love the mission.
And they're in it for the long run.
But for you guys, it's like, you're right.
Like, also, the death of the royalty now disincentivizes you
from doing anything on the long run,
but I just don't understand the mints that get like 10, 15, 20 mil up front
and then there's nothing coming out of it.
And then Mr. C's in the comments asking the right questions.
He goes, what do you want them to build?
He goes, do they even know what the people want?
Does the community even know what they want?
The answer to the community does not know what they want.
Most of the time, the community just wants more things
to be surprised to go up, right?
Like, the most people that were upset about quantum caskets
and discord, the people that want to mint and sell.
Now, people actually want to be part of the community member wars, right?
So you're right in that sense, Mr. C.
But when he goes, what do you want them to build?
I think a lot of the people, I think these are questions
that you need to ask yourself before minting something
or forget the mint because sometimes the mint is worth it
because you flip it, but buy into something after the mint
with your hard earned money.
Because those questions are often questions
that the founders don't even know themselves, have answers to.
What do people ask for crypto-undeads?
Like, what does the crypto-undeads like?
It just happened last week.
I just don't want to go ahead.
People, he's using that example because it's the newest example.
Don't you know how it's going to happen every week.
There's just no like crypto-undeads.
They might absolutely crush it.
And this just goes like, I'm not saying that I'm just out of town yesterday.
But look, price stayed the same.
And we'll see only because we only get annoyed because the price goes down
I do think this time is different, though.
I think this time when Dingling and Grail spoke up, especially Grail, who really like
I've been chatting with him also in private, like where he really spoke up
is that he was so pissed because of the promises and a year of nothing.
Like a lot of people in 23, that was the man.
As a founder, if you fumble 23, you miss the greatest opportunity of your life
to show people that you're in it to win it.
Like, I remember all of us and a lot of founders around us were like, fuck it.
We're going to triple, quadruple 10X during this year, even though it fucking sucks.
All our finances are wrecked.
We all lost 80% of our net worth in our personal money.
We all lost a ton of money on NFTs.
Let's go and figure something out.
Because when we come out in 2024, in 2020, 2025, people are going to be saying,
hey, these people hung tight and built something in the bear market.
I just I just thought it was interesting.
We're not going to go over their next topics.
I guess I'm going to push the binasting again.
But that's interesting when I saw Dingling write about it
and I see we're way over time.
I just thought this was interesting.
And, you know, I was talking to us about how the bar is so low.
And it's just I don't know.
That's it. It's just it just sucks.
And people are like, well, why do you choose your platform and talk about it?
We talk about it, but why don't you use your platform
to fucking elevate the right people instead?
Like there's a lot, you know, instead of like a nobody like, you know,
live a happy life, building a platform, calling people out.
It's very negative and it gets to you.
It's you from the inside.
I think the best thing I would say to leave people on here
is to try and elevate people around you that are doing something right
and doing something really cool, which is what, you know, sadly,
negative tweets tend to garner more attention and get more engagement.
You saw this on mine yesterday, but the other way around is not like
if I made right now list of founders that I think are doing well with no money,
it's probably going to get like 5000 views.
If you make a list tomorrow of grifters, you're going to get a million views.
So the sad truth is that social media also works some type of way.
And so does, you know, society in a way when it comes to engagement
and elevating that. But I think I think there's a lot of good stuff
to be said and know throwing events and launching a hoodie is not building.
I'm sorry, man. Your event were like you fucking charge your
holders for water and drinks and stuff like that.
Name an event where we had people take their wallets out and God knows
we don't have funding, you know, hopefully one day, but not yet.
So so it's not, you know, I know you guys didn't.
And then you always like, you know, hustle for your events
because we kind of help each other out.
So it's like, you know, it's it's it's a lot anyways, just more grit.
I just for me, last night, I was just a little sad.
I just want to see more grit from all fuckers in the space.
That's fucking good, you know, build it like you fucking mean it.
God damn it. Anyway, should we give $1,000 away?
Ah, spell it like you mean it.
Build it away. Fucking care about the way.
Give it away now. Give it away now.
Oh, honestly, it's what people have at us in the space.
But oh, look, another founder couldn't even fucking build shit from shit.
Like, you know, and then you have like the forecaster guy,
look at him, broader crypto.
It's really like an eth NFT ecosystem thing, guys.
Like the broader crypto is fire shit being built.
I don't know if it's fucking power.
Then it's a crypto $10,000 funding.
Oh, they got to put this game in it.
Anyways, this is a broader convo.
Maybe I'll host a separate space for people to come and speak
because there's a lot of requests and I love you all.
Anyways, time to give $1,000 away to somebody in the audience right now.
All you have to do is retweet the tweet above.
Let's share it on the screen.
You have to be on Twitter spaces, though,
because if you're not on Twitter spaces and I'm calling out your name,
I am given the $1,000, the next person, because our goal here
is genuinely to give $1,000 to our listeners.
And so far, we're four for four, four, four.
We've only given money out to people that have actually
genuinely been here on the show live, which is really awesome.
And I'm really happy about that.
That's why we tried to do with our partnerships.
My draw verification doesn't work again, Sims.
I guess my Twitter picker is broken.
Can we use yours to pick someone to come in to come and win this?
Where's Sims at? Hey, mate, you're getting a last minute job to do.
I know, but it's not my fault.
My Twitter picker won't work.
Look, it's a fucking birthday and you're doing this to him.
I know. Happy birthday to you.
Let's go, Sims. You got this.
I'm working. You know, it's sweet, right?
The bottom right of the space, the purple box is so 450 people.
You know, here we're going to give you guys $1,000 a day every day
for 15 days straight business days, that is.
So we're on the fifth business day today.
I see Smokey. Oh, I'm not doing.
Oh, it did. Smokey, Lisa's got it.
I have to say the devil works hard, but Smokey, Lisa works really hard, way harder.
I got it, Sims. I got it.
Smokey told me I was doing the wrong thing.
Talking about any face, that's what Smokey Lisa does
and talking about his Jupiter airdrop.
Dude, Smokey Lisa is so funny.
Honestly, shout out to Robert for doing this with us.
You know, show partners twice a week.
We couldn't do loot boxes today because we kind of fucked up internally.
So we're sorry about that.
But I think Friday we're going to double dangs.
So I think I think Friday we're going to give a fuck load of money out
to holders, to listeners of the show.
We just want to give money out.
We're basically Smokey's here.
We're just trying to use Robit as a ramp to give you guys a ton of cash
He follows his from around.
We're almost at four thousand.
Follow Robicom. That's it.
That's the goal. So there's two hundred and forty one entries for today.
That's good. See, it works. We didn't get bought it.
And we're going to pick continue and we're going to pick.
They can draw. And I don't show the rejected here. Ready?
OK, Nick Kollis, Nick, Nick Kollis, Nick.
You got to be out here. You got to be here.
He follows me. He is real.
Are you in the audience or I will have to go to the next person.
Oh, he's here. He's here.
He's here, ladies and gentlemen.
We got him, Nick. Nick K.
We got him. Hey, Nick, what's up, man?
Oh, and it's about no, no, he's here.
He's he's a real he's right there.
He's right on the Twitter space right there, right there, Nick.
Yeah, no, it's definitely real.
Yo, yo, yo, there you go.
Well, Nick, a musician, electronics tinker, web three dabbler and F1 nutball.
You want a thousand from Winnipeg, Manitoba.
A fellow Canuck. Look at that.
So you want a thousand dollars.
So shout out to everybody listening.
Make sure you follow at FOMO Hour.
Make sure you follow our show party.
Hey, hey, yeah, this is echo. Sorry.
Sorry, this is the first time I ever won something.
So I didn't know how to turn on my mic.
So but so thank you very much.
Big big listener of the show.
The Canadian said thank you.
I love I love to hear that.
Nick, I had to mute you just because there's an echo.
I love that you came on mute on mute to talk.
I love this for the first time.
I have DM you begin a DM from Berndogler.
No clicks, no links, no signings, nothing.
Just make a robot account.
We're credit you a thousand dollars.
You can cash it out or you can do what you want with it inside of it.
But a thousand dollars is yours for sure.
So we'll be able to send out all the payments for those of you are not aware.
We give a thousand dollars a day on the show every single day.
And we show up every single day.
Talk about daily news, daily topics, everything on X video.
We broadcast every single man to myself on the rug.
We do YouTube and on Twitter spaces every single day, Monday to Friday, 10 3 a.m.
Eastern standard time, 7 30 a.m.
That time for the episode of formal hour on rug radio.
KBM showed up an hour late.
Look at him in the audience.
We long, we short and see y'all.