FOMO HOUR EP. 44

Recorded: Jan. 23, 2024 Duration: 1:04:48

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Snippets

Oh, man, early gang again, huh? FFV just doesn't miss. Honestly. Oh, let me join from the...
Where's Mando? Let me join from the Fomalar account. I cannot believe... Hey, everybody,
if you're like, you know, the early gang, I say Alexander, Zeboro, Ziswe, Ziberni, Sims.
I can't believe I'm hosting with the bear. I can't believe it. I just want to say before we
get the show really started, that I really apologize for the comment, the up and coming
comments of my co-host. His opinions are his own. I mean, they're probably not even the opinions
of Red Guy, either, for what it's worth. I mean, Red Guy, I was worried for my Red Guy
vibes this morning thinking that Red Guy could pivot to AI. I'm honestly, like,
I'm fucking terrified. Okay, Mando's here. Okay, let me get Rug Radio up as a co-host.
Sims, I mean, about you. You know, kick it, Sims!
Okay, I just had to observe one minute of silence before the show started
for our fallen soldier. Today is a very sad day for Rug Radio.
Today is a very sad day for Red Guy. Today is a very sad day for Filmo Hour,
formerly known as GM Web 3, formerly known as GM NFTs, formerly known as smoking jackets.
I want to go that far. You know, today in this bull market's first major correction,
we have lost one of our greatest, most fearless, strongest bulls. We have lost a man that accepted
to step into a ring with the man 10 inches taller than him in the middle of the desert of Dubai.
We lost a man that is growing his hair to lengths never seen before. I mean, Mando,
you know, top family member of our fallen soldier, you know, how are you this morning? How are you
feeling? It's an emotional day. It is. It's an emotional day. I woke up, it just felt like any
other day. It felt like any other day today. And then I saw Bitcoin just slowly go lower,
and then I opened up my chats, and it's just a disaster. I don't know how really
hard to describe it. It just got me really emotional. He's been with us for so long.
And I just don't know. I'm just not going to see him again. And it just feels really
emotional at this stage. It's a rare occurrence that we saw you bullpost things in your long
and we saw our fallen soldier who I shall not name yet. I just did it because it just felt like
the right time, you know, like it just felt as though, you know, a rebirth as one life dies and
another begins.
Well, while it's getting 82 as we speak,
I'm emotional.
I can't believe we lost him. He carried us through $800. He carried us through 11 red candles in a row.
Oh, anyways. Anyways. Anyways. I think, uh, I think that was a good memorial.
And, uh, what up? What up? Good morning. Good morning. GMG.
Tuesday, January 23rd, 2023. Look at that. Another beautiful day.
Sorry. I had to run it back because that is definitely not the vibe I'm looking for here
this morning. And I love how Ovi on video was eating this entire time. As Mando and I
are just ripping off totally improvising, by the way, did not tell anybody anything before going
on. Ovi Mando. Good morning. Eating lemons, by the way,
it was so funny. I love snacking on cheese by the way. I was like my snack of choice every day.
Good snack. Healthy snack, by the way. Ovi, how are you doing this morning?
Yeah, I'm good. Um, yeah, I'm good. On a more positive note, you know, FOMO hour hits,
it's hit us 2000 follower on X. I was just looking at that two seconds ago.
Wow. Up only.
Up only, you know, but our new audience, I am now see.
It's going to break E price.
Yeah, I mean, yeah, I mean, what's going to break it for us going up or going lower?
We don't know yet, but I do want to see more F's in the chat for our fallen soldier, of course.
So today on the show today, today, let me get those topics out, market updates and moves,
you know, as usual, you know, another day, another opportunity to get dumped on
by, uh, by Barry Silver and in grayscale, uh, you know, it's really just like another day.
It was the reverse of another day, another dollar because it's going the other way around.
Uh, definitely not another dollar. Uh, uh, this and that, uh, you know, NFT market,
as usual, Solana, Bitcoin is, there's a few things going on there. Actually,
it's kind of heating up. If you ask me with like kind of crypto and not being, uh, for sure,
for sure. There's a lot of cool stuff happening on that front. A lot, a lot of great news that
were picked up on, uh, Mendo minutes. I'll probably go be running through that this morning.
Uh, and then last but not least, we'll be joined by Andrea and Antonio, uh, of poem
foundation actually to chat all things. Palm China, what's going on with them, whatnot.
We just did a video with them at a Joe Lubin actually in Miami. Art Basel was a great one
at our house. There were partners there. So, uh, excited to have Andrea for the last 15
minutes of the show to chitchat about what's happening in that ecosystem. And as usual,
this show is powered by ledger. So without further ado, why don't we shake this? Um,
this, you know, I think Ovi has a lot to say this morning. Why don't we go to
the next question? Hey guys. Yeah. So, I mean, there's not really much new today.
Yesterday we had the largest, um, gray scale out, uh, GBTC outflow, which I think was
640 million, but there was also, it was also the third largest black rock ETF inflow.
So the net number, the net outflow yesterday was just like 75. It wasn't, it was still
a net outflow, but it wasn't a large net outflow. Um, it looks like this morning,
gray scale, gray scale Bitcoin trust transferred another 660 million or so to Coinbase. Um,
I don't know like how much of that is like get, get sold. Um, it looks, it seems like yesterday,
the number, the amount that was the outflow was larger than the amount transferred. So I'm not
really sure, but, um, it just seems like to me, you know, the market's slow because there's
continued outflows from GBTC and everyone is looking at that total assets number, which is
still north of $20 billion, which is for GBTC. And I guess the fear is like, what happens if,
um, you know, the inflows from the other ETFs start to slow down or start to get outpaced by
the outflows by GBTC. And then, um, we're going to be in a pretty ugly situation. Um,
the other thing is like, you know, we've had the ETFs have still shown a net inflow of like 1.1
billion in the last seven days since it started. And we've still dropped this much in price. So it's
like, you know, how much more would we have dropped? Had it had we not had an inflow created?
Um, I think that's why I've been a bit more like bearish, I guess this morning, because
it just seems like a ton of people would have had that. GBTC was trading at like a 50 cent
discount over a year ago, and that discount is now zero. So there's a ton of people who
have been in the money who are able to monetize that after the ETF conversion and actually get
out of that trade. And that's the part that's more worrying. It's not worrying if someone
sells GBTC to buy the BlackRock ETF, because that's like a net neutral flow, right? But if someone
had like this great GBTC trade on, and they they're now selling that, which they're up,
they're up massively on it, right? They bought it at 50 cent discount to Bitcoin. And in that same
time, Bitcoin has tripled in price. So and if people did that on large amounts of size,
they've really, really crushed it. So if you're seeing an unwind of that trade now,
a lot of that money isn't flowing into other ETFs. And I think that's the risk. The risk is that
like, we've had this point where inflows have outpaced outflows. But we're starting to see
the outflows increase, you're starting to see the inflows decrease. And what happens if they
cross? And what happens if in seven days, you actually end up erasing the entire net inflate
created by ETFs? And what happens if it gets worse than that? Because the number of that total value
of North $20 billion in GBTC is like a very high number. So I think like, that's my concern. And
I think that's the risk here. I just find it hard to see us like rallying until either they just
stop selling because the outflows are done and Bitcoin is out of price. But people are like,
I don't want to sell anymore. So I don't think that 20 billion number goes to zero. It's probably
some portion of the way through that. But I just don't know. I don't know how much more
there is to go. And it's one of those things like as the price goes lower,
it kind of gets worse because people are like, you know what, I'll just get out the trade.
Or it reduces demand for Bitcoin ETFs from the newer buyers. So yeah.
So the only argument I think that's true, what has been the total outflow from GBTC?
3.3 billion.
So the other side of that is that 1 billion of that was FTX.
Right. So the other side of it is that some of it was actually for selling. And I think they still
have a position. But if you remove that, then you also have a slightly different scenario of
equity. If that starts to slow, then you start to see a much bigger inflow picture.
And that rotation becomes slightly stronger. The new news I felt like today was the other
stuff. It was like Mt. Gox is about to start distributing something like a billion worth of
Bitcoin to people. Everyone's dunking on Bitcoin. So maybe you see some outflows even from the
nine. But this morning, I saw the nine. Fidelity saw inflows straight away. A bunch of the other ETFs
seem to see inflows right in the open. So I don't know. I feel as though it's easy to get
bad up on that right now. But when I saw the FTX headline, I actually thought that was a really
bullish headline because I was like, if FTX has been the majority of the GBTC selling,
then this is really more a temporary thing and we could continue to see big inflows
as a net over the next month or two because volumes have still been really, really high
across which indicates it's still been a relative success. That's the only other thing I would say
is it might accelerate, but it also might dissipate. There's two halves to that. It
could get worse because everyone gets a bit more bad up and everyone wants to get out of Bitcoin.
But also, we could see like, well, if the FTX stops selling, then it could be starting to turn.
So I think the FTX thing was yesterday. And so that's done. So if we sort of see like
additional outflows after the FTX is done, then I think that's kind of bearish. It means there's
more to go. So like this morning, there was another 660 million transferred like after FTX,
and yesterday as well, which is also after FTX because the FTX headline came out yesterday
that they had sold last week. So we had an additional one point.
Yeah. I don't know how much they have left.
I think they have a big position. I need to double check how big, but I'm pretty sure they do.
So I think it could be them as the seller, but
Yeah, it may well be.
Which makes it more, I don't know, but I mean to look at that balance sheet.
I think no one really knows, unless you're like in the inside, seeing all these flows,
or if you work at grayscale, you don't really know how much more there is to come.
I think that's the problem. Of that 20 billion number,
Oh no, it's zero. They have no more. They have no more.
Right. So 1.2 billion dollars have been sold after FTX, like non-FTX flows at least.
So that isn't that terrible though.
It's pretty bad. Like two of the biggest outflow days in a back-to-back post-FTX.
But it's outflows. We already spoke about this. It's not really outflows. It's just like somebody
maybe transferring to one of the other ETFs.
So the net number at the end of the day has been a small negative.
But if that changes, you're still getting people getting out of it.
Yeah, I mean sure.
I guess we're going to dump a little more, but I don't think they're just going to rip a 20
billion dollar sale for like the next two months and do this every day,
unless this is what's expected of them.
I don't think they're selling 20, yeah. But I just don't know what that number is.
Is it two? Is it five? Is it 10?
So three and a half so far. Three three sold so far.
A lot of people seem to think on a timeline that it's the ETFs fault.
But I think people realize that if it wasn't for ETFs, there would just be no inflows as well,
right? Because I think people are mistaken also how much, and am I wrong to say that?
Like Barry Silver and these people who needed to sell all this Bitcoin anyways to repay people.
Like they screwed themselves so deep, so deep with Salsys and Genesis, all that good stuff
that they were running, right? To the ground, mind you.
That it's almost like if it wasn't for the inflows that we're getting, which are what,
the billion dollars a day as well, right? From the C9 or whatever they call them.
So if it wasn't for that half a billion dollar coming in,
you could argue that would be in a much rougher spot over here. So two sides of the coin, sadly.
ETFs have definitely been a good thing for this market.
No doubt in my mind, ETFs have been a good thing for this market.
I just wanted to mention that because it seems like a lot of people seem to say that it's the ETFs
fault, but like there's also missing the other side of the coin.
Exactly. It's just like it's one side of reporting there. That's why. Yes, obviously,
that means you can sell your GBTC. Like why if I own GBTC what I sell on it? The only reason
I believe is they just GBTC can still be converted in kind, like can be converted into Bitcoin.
I think that's maybe one of the only differences, but it's really just more expensive for me to hold
it. So you could continue to see outflows, I think, for a while.
Right. I guess this is what we're going to see. I mean, look, one thing's for sure. It's Johnny
Webb 3 here posted on the timeline. We're seeing an OSF Mando divergence. What does this mean
for THR-ing? I mean, lads, what is going on? I feel like my parents are fighting.
I think you are disagreeing. I didn't even know he posted that.
If you go on Ovi's timeline right now, look at how much. Look, another 600 mil
race go to Coinbase. Look at that. Hold on. That's not it. That's not it. It's not it.
You scroll down and you scroll down. What's the next post? What's the next post, Mando? Sorry,
guys. It's not looking good. Now hold on. Now the post after that. Now the post after this.
Not this one. Oh, I told everybody to be cautious. And he's dunking on you. Benny and I
for, you know, for what you got, you guys completely roasted me two weeks ago. What I said
is time to be cautious. That's fine. I think Coppola, you're right. Like,
at this stage, Coppola is just crazy. He's like our own Kramer.
And then this infamous tweet. I mean, Ovi, this you sold your account, right?
I actually missed all of these tweets. I've been working all morning. I missed. I missed him.
Go floor bear. Did you see the, the gem web? The foam hour group chat. We have our own chat
where we were talking about like what we should do with some of our treasury.
And I think we agreed that we wanted to go along Solana. So I don't really know.
They're not talking about the rock radio, the crib treasury here. They're talking about their
treasury. We still have two different businesses. Just everybody knows.
Hold on a minute. Their treasury. These guys, put it at the bottom of the thing.
You guys trade that treasury round. That's crazy.
Very, very, very. We're just deciding what asset we should make.
What happens in the instance that, that you guys disagree because Mando,
you posted this morning. First time I've touched leverage in a couple of weeks,
which is true. You haven't leverstrated since you have approval, um, feels like the right time
to lay before that. Right. So feel like the right time to layer into some so long prayers up.
Clearly thus far, you should be okay for now for the last hour. That doesn't mean you're
going to get dumped on three X. Yeah, but you're going to get dumped on by Barry by like
three 30 PM Eastern Saturn time. Um, actually Gary, Gary, Gary, Barry, Larry. What's up with that?
I think, um, I just liked some of the ults here. I told you, I bought some say, say,
and I bought some, uh, I bought some Solana mainly because funding looked pretty decent. In fact,
it was negative in both of those sort of spots. It's felt the headlines today felt more Bitcoin
specific. It was grayscale. And then it was, it was coming out with the, um, with Mount Gox.
So everyone was like, Oh my God, Bitcoin's going to zero. And I sat there going like, well,
sold BTC moved down a lot. Say you move down like 40% in like two weeks. Yeah.
And sell that if there's a Mount Gox redemption, I think that could bounce quite well. So I just,
I just bought some of those, but that wasn't me sitting there going like, Oh my God,
I want to buy as much Bitcoin as possible. Bitcoin's actually moved since, since they're
putting that trade. So I mean, the top gainers are SUI Blur. Taos seemed to be really, really well
here. Uh, but you know, the rest of the market seems to be quite wrecked. Um, especially Ethan,
it's beta plays, right? Given that like you, you, we were saying that, I mean, I've seen
the town was saying eth will be bullish. If the BTC TF events are bullish. Sadly,
grayscale also has a lot of East. I believe over half a million East and not half a million in
I'm talking about 500,000 coins. Um, so, you know, you know, it's, uh, it's not looking great.
So therefore what do you look at? I agree with you on the outside, uh, when it comes to this,
but anyways, so that's, that seems like what's going on here. We're not going to bore people
with too much of that. Uh, there is a, there's a lot of that going on. Speaking of which though,
you're talking about mancocks. Uh, it seems like what there's a payment coming out soon.
It was known that there would be a payment like, yeah. And in the, in the world of what we're
seeing from ETFs, I think it's, they have 20,000 Bitcoin, which is equivalent of around 800 million.
Like we're seeing grayscale basically coming to sell that every day. So in some ways,
it feels small in this current environment. Like once you get into trad five figures,
things start to feel very small, but yeah, they've got, they've got some to sell. Um,
I mean, the other big thing that I think people should be paying attention to is what, what was
announced on a macro level today. Um, which I thought was really bullish, but, but what's been
going on in China. So China has its stock market is at a, um, five year low. Uh, it's been a
really shit time basically for, for China stocks, particularly those affected by the real estate,
uh, market, the China, the China stock market is around five to seven trillion. Um,
and the government came out today and said they're going to do a stimulus just shy of 300 billion.
Now to put that into perspective on a relative basis, that's about the same size as the US
stimulus announced in 2008. The US, um, at that time had a stock market in the teens, trillions,
and it came out with a, with a 700 million, um, top program to help save all the banks
and basically save everyone. Like this is a massive, massive stimulus. Like one of the
biggest we've seen if that, if that is, um, how big they're going to say. So
that is a money printer, go burrow a moment, like, um, of a scale that we haven't seen for
since 2020. Wow. Uh, yeah, that is a huge, huge and you saw stocks rise in China. This
isn't hasn't been like fully, fully confirmed. It's the Chinese premier. Um, like what he, um,
he announced that like they're going to go down this route, but if they do do something like that,
then that is like another big moment for just like everyone printing money to get out of problems.
And I just thought it's tough to, if I just felt like we could bounce, but I just didn't feel like
this was a super bearish day for, for markets. Okay. Look, uh, we like STEMI. So, uh, there's
that one coming up and hopefully it's going to save everybody. Uh, besides that, um, on the
market side, it was just, uh, it was just, uh, you know, good old Jim Cramer, uh, that seems to,
that seems to, let's see what's up with you guys announcing that you'd be back now on the show.
Like you guys, this is not an airport. Jesus. Uh, he's going to come back with like a man,
mango juice or something. Um, anyways, uh, what do you think? Uh, I mean,
Ovi, you and Jim Cramer share, you know, share a share, share vision at this point, you know,
bear brothers. Uh, Jim Cramer says now that Bitcoin is down 20% from its high, I expect a strong
stand to be made, but it won't really hold because not enough money is coming in. New theme
number go down. This seems to be the new team here. Um, when, when are we going back to
reverse Jim Cramer, uh, uh, thing you going on? Cause it seems like, uh, seems like Jim
Cramer has been kind of right, uh, for the last week. Yeah, we will. We will. I do believe,
we will. I mean, I still really bullish the rest of this year. I still think we're in a massive
bull market and an uptrend, but you know, you just need to be conscious of flows. And this
isn't just like, for me, it's not just like SEC fud or like, you know, other just random,
random things where you can't really like, um, appropriate, like an amount to it. This is like
active selling in size every single day. Like imagine, let me, let me put it this way. Like
imagine you have a meme coin, right? That's like $10 million market cap and you, everyone loves it.
It was really bullish on it, but like the biggest holder of it is someone is selling like,
you know, a shit ton of it every single day. And because it's like a meme coin, every time he
sells, it has a big impact. Like that's what it feels like is what's going on with Bitcoin right
now, because so much of it just know every day, there's so much of it that's coming for sale.
It's just having a happening on a much grander scale than it would do for a meme coin. So
like I'm really, really bullish. And I think these dips are going to become
amazing buys for people eventually. But it's just like, we're also at a point where Bitcoin is in
the last, I know we're down off the highs, but in the last six months, Bitcoin is up 30%.
And a lot of also up three to five X, maybe even more than that. So
like some kind of correction makes sense. And I don't know that maybe we've had that
correction. And maybe we've had that dip, maybe we go higher from here. I'm not really sure.
But the only thing that I do know is if we keep if the thing that I'm worried about, I'm not sure
where we go from here. But one thing I am sure about is if we start seeing net outflow numbers
from ETFs, and you start you see that $1.1 billion net inflow get eradicated, which could happen in a
few days, then I think we're going to be a decent amount lower from here. I think that's the risk.
And we just have to watch out for that data, that data could change. I don't really know. But
it doesn't feel like, you know, I was hoping we knew about the GBTC a while back. And I was hoping
like, after three or four days, they would have to solve what they wanted to sell. And like the
outflows would slow down, but the outflows keep going higher. And yes, there's inflow
from the other nine, but that number is slowing as well.
Oh, no. Sorry, I'm just reacting to Mando what he just said to us. And it has to do with what
you're talking about right now. Oh, no. Oh, no. Oh, so this network move 1.2 billion dollars worth of
beef. It was a good run. See you guys. Guys, we've all died.
Oh, we're only down 7% today. Let's move 1.2 billion there.
Oh, my God. Oh, fuck. Oh, so where did where did they meet? I think they are liquidating their
whole treasury by the end of this month, I believe. So I didn't realize that much left.
I mean, it's OK. So this month is only seven days left, right?
Yeah, I think they agreed that they would pay back creditors in January. So like,
I don't know. Like, I thought it was going to be happening right now.
I thought they'd largely sell. Remember, like during the first couple of weeks of January,
they were selling. They sold a lot of it. I didn't know they had one million left.
It's so funny, man. It's so in your face, isn't it? It's like
so much for the chain being transparent to be like, is that really like so much? Yeah.
A jello bite saying I missed inflatable. I think I'm going to go get my Christmas decorations back
out and bring the inflatable back behind me. You're right. I mean, so much, you know, like so
much for like transparency in the space, right? And everything being on chain where like Arkham
Intelligence can just tell you at any second, like who's selling what and how much and where it's
going. Uh, oh my God, it's just comical. We're just like, it's like all of us are just like here
every day, just getting dumped on. And like, I understand the end of this dumped on anything.
Like I have so much respect for all of us, like crypto participants because we can take a lot,
man. If you're still here, just keep on going. All right. Just keep going. It's just January
23rd, baby. Episode 44. See four, 44. Today's episode 44 of FOMO hour. FOMO is how many letters?
Four, hour, four, four, four, 44, 24. You understand? Like astrology, numerology. Okay.
Everybody chill for a minute. We'll be fine. Right. Right. Mando. I'm done dude.
I'm not, I'm not encouraging people to sell, but I'm just saying like two weeks ago, everyone was
euphoric and a lot of people were around tripped, whatever they made two weeks ago. Yeah. So it's
like, it's not like, it's not like I'm not saying sell here. I'm not saying anything. I'm saying like
you should average down, but like, it just goes to show like, yeah, don't underestimate how things
can move and where they can move. And if you make life changing gains, you're going to take some
profits and that's it. Where's, um, where's that Nakamago guy when we need a prayer on the show?
All right. Well, I guess, you know, uh, we shall see where that takes us, uh, ladies and gents,
but I would say also like, we're also, a lot of this is like us, like we're joking around
between other. We're like, okay, let's get dumped on another day. But like, don't just go like panic
selling your whole life. Just because of like, you're seeing all this stuff going on. I'm
buying, like not everything's, you know, not everything's gonna go, you know, not everything's,
you know, all bad now. Okay, dude, I'm fucking bullish as fuck. I might, what Manda, are you
giving it right now? I just, I just showed you the trades. I'm moving. Okay. So long.
We're still on a maxis here. We're, uh, we're, we're big manlets on the show, uh, with Jupiter
coming in and speaking of which, actually, um, that's what I was, I was talking about yesterday.
Uh, but, uh, meow, who is the, that's so funny. Only the space, right? One of the most anticipated
airdrops in the space. And one of the biggest builders right now is called meow. Uh, but he's
a Chad. Let me tell you that. Uh, but, um, now yesterday posted, uh, on Jupiter, which is arguably
one of the most anticipated airdrops this year this far. And at least what's going on multiple
phases, uh, drop yesterday that, um, the airdrop of course goes live on the 31st,
but that they ended up launching, um, dropping a launchpad. And I thought that was really
interesting guys and super bullish in general for this long ecosystem because obviously a lot of
stuff is being built on there. And obviously there's a lot of wealth has been created over
the last year in that ecosystem. And so what's going to happen, and I'm curious to hear your
thoughts here for the people who don't want to read, they're launching, they're dropping a
launchpad. Um, you guys can go see like what's, what's the details of it, whatnot. But what's
interesting here is that it's going to come out in two fold. So the Jupiter airdrop is on the 31st,
which is massive, but there's another token launching before that. Yeah. Did you see that?
Man, let's cannot read. Come on. I know it's very long, but you know what I did. I actually bet it
all, uh, because I figured that we need to talk about this today because like in positive news,
like actually happened in the ecosystem, but, um, there's going to be, they're saying first
two projects for LFG beta. So LFG is the name of the launchpad. Uh, and so they're saying,
we are trying out a lot of new things, uh, with this launchpad and many, many things can go wrong.
As such, as we will host, uh, we will host a lower stakes launch first and then finally eat
our own dog food with Jup. So one, a fun coin managed by our good friends, OVOLs, uh,
OVOLs NFT will launch this week. Um, um, some help from, with some help from me,
I will have zero financial stake in it and Jupiter will have zero involvement in the meme coin.
And then they're launching, uh, their main content. What do we think here? What do we think is
going to happen here? Of course, like Jupiter airdrop is massive, right? It's as if like,
just so people understand, it's as if for ETH, like the unit swap airdrop just happened over
again. Kinda right. It's fair to say. Um, like, and so what do we think here? They're launching
it coin first with a project to show the launchpad works, make sure it works in his battle tested,
then launching the Jup airdrop. What do you guys think?
I haven't seen a deck do a launchpad before. Normally the launchpad you'd associate with a
like Binance or Coinbase or one of these like guys, this is interesting because they've got
their airdrop. So clearly they, they're going to use that, like encourage projects to launch through
them. Probably, I guess they get some sort of token allocation. I don't even know, but I haven't
seen someone like this. You just, what doesn't even do this sort of stuff, right? Like does
you just want to launch? This is, this is a new model of, of trying to launch coins. Um,
on chain maxis, uh, I think we'll love it. Obviously the majority of on chain coins that
we see are shit coins. So I don't really know if that suits having a launchpad. Um,
because you're basically getting in bed with a bunch of shit coins. Um, I'm pretty sure
this, this group got involved in one yesterday. I wonder if that would have made it to the launchpad.
Um, but the, uh, we really bought a shit coin right before everything new.
I love it. I love this game. Um, so yeah, I don't know. It feels like a dangerous game,
but let's see what happens. Yeah. No, a hundred percent. What do you think? Oh,
yeah. No, you you've been dabbling on Jupiter. You've been using DC to a lot, right? You,
we don't love it, right? You don't, I think the UI on Jupiter is like the UX Jupiter
that the user experience is incredible. Like I always just use it because it's so nice to use.
Even if I like, I'm just fucking around, it's incredible. And I don't like, so yes,
like there are a lot of shit coins, predominantly of shit coins that come on chain, but there are like
real projects that launch coins on chain first that perhaps don't get, um, tier one listings.
And I think, you know, Solana, we were expecting a big increase in building on Solana and there'll
be more and more projects and tokens. And I think, um, yes, like it maybe has a reputation for
a lot of mean coins right now, but, um, I think I shouldn't like discredit any of the
people doing, you know, some, some real work on, on that, uh, blockchain and more stuff to come
that I think could actually benefit from, you know, from the launch pad and look like some
people prefer to trade on chain that they're doing sex is like, obviously we don't pay tax
and all that kind of stuff, but, um, it is easier. Like, you know, you're operating,
like, like if you're always operating on chain, it's much easier to
just go to connect your wallet and transact than it is to like, send your thing to, um, another,
you know, to a sex and then wait for number of confirmations and then trade it and then,
and then back, et cetera. So, um, do you think if you trade on chain, is that a rule?
Well, it's not a rule, but, um, if you don't want to like docs yourself, then,
but then you have to take your money out somehow. So you're doxing your decks.
Some you'd be surprised at the amount of people who just live on the internet
and have no intention of taking the money out into real, real life money and just,
you know, fuck around online. Like they're also untraceable. So yeah.
I mean, it's just OSF. That's all
I'm, I'm proud. I'm proud of all my grades.
I'm proud of your trades too. Uh, I see that could happen. A lot of them with you, but
Oh my God. It's like, anyways, it's all a lot. It's all a lot. So that's going on. I would,
I would just say like, the reason why I want to bring it up today, though, the Jupiter thing is
like, you guys, like listening to this, I should pay attention to what's happening on Jupiter.
Like this is seriously, it could be something really big and like the 31st,
the seven days away, we could be so backed by that, you know, it's one day, everything's done.
One day, everything's back. Like the market sentiment completely changed starting next week.
And like, and you could see things take a good turn for the better. And for what it's worth,
like just because majors and stolen some, the alcorns are getting decimated, it does.
The NFT market is like, it's not like all the cryptos dying. Like when we, we've seen that
historically, like Bitcoin will go down and stuff like that, figure itself out. But like NFTs
will still pop. Like mean course will sell probably you have maybe in us dollar terms,
like your opportunities a little lower, but you can still, still stack all the
corners that you're going after. There's still some really good trades out there,
which leads me to a second thing that I wanted to talk about today.
And I see our, our guest is in the, is in the studio already, but non-fungible DAO,
which was like announced like a magic Eden thing, right? And so it looks like there's a lot of
stuff brewing on the NFT side. That was announced yesterday. And it looks like there's going to be
a token, right? With the ticker sign NFT that is going to be launched. And so the non-fungible,
per non-fungible DAO, they're saying, uh, introducing, uh, NFT, uh, powered by NFT
non-fungible DAO will be a community owned decentralized organization on a mission to
develop and drive adoption on the protocols that will power the future of NFT commerce.
And so it also says that it was originally developed by magic Eden. Um, not sorry,
not visual owns and governs the best open source technologies, which were developed
by magic Eden. Yada, yada, yada. You know how it works. We know what this is. This is magic.
So anyways, magic Eden is pretty much in the business of coins and what do you guys think
here? I mean, that team, I have to say, and we've said it a lot. And every time there's news,
like they are really just plowing through this. I like this. I think this could be,
this could be pretty big. What do you guys think about it?
Yeah, I think it's a very popular platform. Yeah. Um, they, they brought out a new wallet.
They brought out a new like open source platform now for development and they brought out a new
coin. Like magic Eden are doing everything that open sea are not doing. Uh, well, I guess
obviously did bring out a wallet, but, um, they're definitely going down a more aggressive web three
route. We like that. We like that team. Yeah. There were periods where it felt like they were
jumping from one ship to the other, but now they're like leading. I think, um, aim is strongest
in many different fields. So I think, I think people way, way more on board with that.
Yeah. I think this is definitely a case of credit goals with credit is due. I mean,
what do you think, oh, wait, what do you think this could mean for the NFT market?
Right? Like you saw, obviously on the blur side,
Lord did bring a lot of the credit at first and worked out. I mean,
right now one of the only tokens that's up is actually blur. Uh, so what's the,
what do you think this means for, for the like overall NFT market?
Um, it should be good. I think if you have a weird one, because it feels like there's
not really much real volumes anymore. And a lot of the volumes are just farming and whether,
you know, I know blur is finishing, but there are other platforms where you can farm.
Obviously there's a lot of farming on Solana right now. So yeah, I don't know. Just,
I think we'll have another NFT season again. I think I do think it just comes after like
a big crypto rally. I think that makes more sense to me, but yeah, it's just, you know,
compared to like, you know, if you're, if you're around here in 2021 and even the first
half of 2022, the NFT market was completely different. Like there was just so much focus on
every new project that came out, so much volume going through and people trying to get stuff with
good traits and everything. Like it was, it was a very super interesting market and it just got
very commoditized very quickly. And now it just seems like there's not really, I mean,
there's not a ton of real volume compared to what they used to be. So I don't know,
like I think it would be nice to see it come back. And I just, I just don't feel like,
you know, there's in the past, a lot of these platform tokens, it would go back and, you know,
these stimmies would go back into the NFT market and it just feels like it's not going
back into the NFT market right now. It's going to other places.
Yeah, normally like meme coins for what it's worth. So we'll see where that takes us. But
it looks like on the NFT market side, just to go over that quickly here, they pull up dgens.
I mean, stuff still running, you know, not running, but like, you know, still doing pretty well.
I did see the autoglyphs. You see all that? Two autoglyphs moved OTC from, from the
larvalapse collection. So you'd love to see that. I don't even know if the prices were disclosed,
but I'm assuming it's high up there, right? There were gorgeous glyphs that moved.
Oh, really?
They were nice ones.
Yeah. Yeah. Yeah. Yeah. They're like, they're like, they were like, let me show you. I'm sure
RD posted about them, but there's some, they were from the larvalapse collections. These two at
the bottom. Yeah. No, wait, that's the same one. Um, it's, uh, there was a post about him.
I guess he, there it is. These two, this one's nice. Yeah. They're great. Love these. So
that was amazing. Yeah. It was cool. So cool. Uh, so they moved from the collection. Uh, and again,
on the art side, I mean, the Sotheby's auction ended and, and I don't know if you guys saw that,
but the cat, the quantum cat got $240,000. Yeah, it's wild. That is a very high sale,
I would say. That's sometimes led to good projects that we saw that with like invisible friends.
We saw that with one of the projects did like a one-of-one sale on Sotheby's before they launched.
I don't think many day on Sotheby's, maybe it's open.
Sotheby's is like pretty aggressive place to do one-of-one sale beforehand. Yeah.
That's why it may be now the 4,000 for the NFT. Um, but yeah, that's super high.
You had the, I think people got air dropped this magic ticket on for magic even which
people are now speculating will be somehow related to the air drop. Interesting. Um, doodles,
doodles keep going, man. Um, running doodles are running news out. No one knows what it is,
but it's coming. Um, they're needed two and a half to buy doodles. Cool cats to buy doodles
to buy Disney. Uh, cool cat. I think doodles acquired black. Well, they know what doodles
did do, which I think a lot of people didn't appreciate. They bought that studio.
Great. By the way, incredible buy. Like we, we had them on the show. Remember the CO came on talk
about that. Um, and that apparently has been a complete game changer for their business.
Like that business still operates independently to doodles and makes a ton of money. Yeah.
Like tons and tons and tons of money. So it's really helps their, their cashflow,
I think of the business. For example, like if you were to look at that versus moonbirds,
you'd be like, where's the money coming in doodles now have a cashflow generating business in the
heart of their own business. So that does help them. I think it does help them pay a lot for it.
But now, um, in terms of runway, I think they're in a much better spot.
These people get paid like hundreds of thousands to do some of the shorts that they make. So,
um, it's, uh, it's like gray wolf. Is it something? Well, it's a, yeah.
I forgot the name, but I know we hosted them when they came on and they acquired them.
It was really good. And I remember golden wolf. Exactly. So that's, uh, that's going down and
they're doing really well. Maybe something to do with that. I don't know. But like that's a proper
studio that has changed that whole company. I think so. Yeah. That was a very good acquisition
from them. Um, still going on the NFT side. I mean, you had a rise in, um, let me see on the
east side quickly and then we'll go on. Uh, Zuki's a backup at the seven two pudgies still. I mean,
they're, they're just strong, right? They're holding that line pretty strong after a very
sharp move up punk still above 60 for some nice cells yesterday. Again. Uh, I love to see that
the ape seems to have bounced a little bit. So the back above 25, um, East, uh, doodles you guys
have seen, but it's kind of like the talk of town right now. It's jumped a lot from the lows or two
acts, right? From the loads. I'm not mistaken. Um, so two 40, um, and then the rest of the market,
like on the NFT side, like even me bits, I mean, I'm seeing a lot of chatter about them based on
the larva laps pump and everything saying like, yo, like, you know, me bits are also like that
third larva last project, blah, blah, C sergido and everybody like buying them, buying them up.
I start talking angels by seven more Jimmy and a bunch of people, cool cats. I mean, even Danny,
even Danny bought cool cats, which is wild to me, uh, took a, took a, took a break from buying
all this generative art to sweep a couple cool cats. So on the end depend, as we mentioned
yesterday, still buildings and doing really well, uh, and whatnot. And even yesterday I mentioned
like, I think it was Tyler that swept you off floor, like on the red guy front. Um, so yeah,
a couple of days ago, a soul front. I mean, done that's natural retracement after this big pump
the other night magic ticket is a big conversation of the, of the moment, which is already mentioned
it's up 50% today. Uh, the frog Anna seems to be holding pretty well around the six, uh,
soul. And then of course, OVOL, like oval's project pump like crazy after like now announced
that the first launchpad like token that's going to come out of Jupiter is going to be their token.
So obviously that jumped a ton. Um, and on the rest of the side, mad lads are seemingly getting
some sort of a pullback, uh, for, for the people trying to join that community 148 soul
and sold as, you know, about 35% down from its highs. So, um, in dollar terms,
some good entries on the Solana NFT side of things. And then last but not least on the Bitcoin side,
yesterday's meta product. Remember yesterday, I talked about this airdrop that a lot of people
got for like being recently active wallets on Bitcoin. So that thing ended up going to
point of two, four Bitcoin four, which is like a thousand, like it was like $1,200 a
peak or something. Or maybe it still is. I don't exactly know what Bitcoin being so volatile,
but that seems to have worked out pretty well. And a reminder and shout out,
I do want to give shout out to one of our listeners, actually, uh,
Leinster that wrote a tweet about this explain to people what to do with this.
So I need to go do that so you can self transfer it. And it's kind of like a game.
And once you transfer it to a wallet, so you can transfer it yourself. That's what
I think these told me he did that worked for him. You, it will activate something
and it's some sort of a game and it's going, you're going to be like mining room token
for having this. So I don't know what's happening here. I don't know what's going on exactly.
Nobody really does, but I'm kind of liking this. I kind of, I mean, I didn't pay for it.
So obviously I like it, but you know, um, something going on here and it makes me really
intrigued because that's a lot of the stuff that people thought were impossible in ordinals,
right? Due to the cost and it's kind of happening. Like, are we seeing the birth of
the first shit coin like that, like happening through an airdrop? I don't know. But, um,
but maybe you should have bought these puppets, man, though, because you've gotten that airdrop
to you too. Uh, how'd you done it? So I got some, I got some of the other. Oh, oh, wait,
you have pumpets? No, I have frogs. Oh, frogs. Oh yeah. The frog, you have the Bitcoin frog.
It's true. So better jobs at 0.0 to four right now. So we'll see our, that takes us,
but Korean Bitcoin price of Bitcoin's about 32 K. Um, I'm just kidding. Is your place for a second?
Obi was like, told you so. Uh, anyway, so that's about it. So it's about a thousand dollars.
Anyways, anyways, anyways, why don't we bring, why don't we bring our special guest of the day,
uh, on the show. Where's Larry? Where's Larry? Where's Andrea? How are you doing today?
Very excited to be here. I am like pinching myself.
Oh, come on. It's like big, big thing for literally for sure. No,
Andrea, thank you for being here. Yeah. Thank you. You guys at Palm foundation,
of course, for being great partners and great fan of ours. Uh, the conversation we had at
Basel was great. Uh, I saw the clips starting to go out, but that was a good one, uh, with Joe,
of course, Papa Joe Lubin, uh, talking about, you know, all things Palm, which he hasn't gone
on with, you know, polygon and all this stuff. He has been announcing, uh, right before the
holidays, right? Which is a lot. Uh, and there's a lot going on in your ecosystem for sure.
Uh, we were speaking of NFTs. Wasn't it DC comics? They did like huge launches on Palm.
DC comics, Damien Hearst, the currencies also on Palm.
I have it right there. Um, yeah, exactly. Where is it? Right there. You see it?
That's a good one also.
Oh, it's nice. Yeah. I, I, I like my, I like my currency a lot. Um, kept one of the NFTs though.
Still on Palm. Um, and, um, and definitely claim one of them. So, you know, Andrea,
maybe give us a TLDR what's happening in your ecosystem. You know, I know you guys made a
lot of announcement on the Palm side. We talk a lot about, you know, different, um, chains here,
L1s, L2s. I think it's good to get a little update of what's happening on the Palm ecosystem.
Absolutely. TLDR is, we migrated from a POS, POA chain to a polygon CBK, which is a POS chain now,
last year. And we're on our way to become a CKVM chain by this half of the year. Um,
I know that you were all talking about who Peter and how they're battle tested,
but if you want to talk about battle testing,
Palm is backed by consensus and by polygon. And so we're building for not the next five years,
but the next 15. And we're also launching a token. Uh, this is Alpha for everyone.
Hold on. We like to hear that.
We're launching a token this year. I'm not going to tell you exactly what day,
but it's coming soon. Um, and so we're very excited to, you know, we've been
heads down working to improve the platform, the bridge. Um, I know people were having issues
with that. So we have basically improved all of the infrastructure on the Palm side,
um, in preparation for the token launch. And in order to gear up for that,
we also launched the Palm a collective, which is a Dow of the network a last week.
It's a governance as a service tool. Um, so basically anyone that creates a Palm ID,
which is a, an abstraction layer account, um, can then verify up to three verifiers.
And then anyone with a click through can create a Dow. Why does that matter if you create a sub
that within the Palm collective, because that's the way that you'll be able to unlock a grant
in the form of Palm token. And so we're inviting everyone to, you know, come to the Palm collective.
You have any link in the, in the space, um, in the space that we've been at the top of
the Twitter spaces. Exactly. So go to the Palm now, follow the Palm now, a foundation to get
the, the Alpha as, as it comes along. And the other thing that we're doing to incentivize people
to join the Dow is we opened up a call with the league, with the biggest Latin American
art fair called Sonamako. So anyone we're doing a call for a digital artists, uh, from anywhere in
the world, you, the only thing you need to do is first meet your artwork on the Palm network,
then create your Palm ID and then submit it to the Palm Dow. Super chief, um, a gallery NFT is one of
the curators from a sad girl bar is the other curator. They're going to be curating three to
five pieces to be showcased in the Palm collective booth at Sonamako. It's the only instance where
an artist can access this fair without gallery representation. And we're going to have a,
sorry for the meters, but I don't know this on feet. It's going to be five to three feet screen
for, for us to be showcasing the curator, um, the curated art on this fair. Why is this important
for us? Because we're bridging digital art and why this is here to stay and why it matters to
traditional spaces. Um, so people that are only used to buying physical art pieces are for the
first time going to be able to see digital displays and also hopefully begin to understand
the consequences of that. Okay. Wow. This is really cool. But I shout out to super chief love
ed. Love that team. We've done some work with them prior. We will be doing a lot of work with
them in the future as well. So, uh, really good people when it comes to art Sonamako,
I've heard of Sonamako before it's super cool. I mean, massive, massive, like gigantic art fair,
uh, in Latin America, but kind of like to the world as well. Like it's really important.
So if you're an artist listening to this, like there's a lot of opportunities right now and it's
probably like less crowded type of opportunities. So like jump, you know what I mean? Like go for
it. Uh, if you're trying to put your art out there, right? Yeah. The only thing is I forgot,
if you got, if you get curated, you get a $500 grant and then all of the submissions go to a
pun collective level to, and the winner gets $1,500 from the foundation. So in addition to getting
your art display, you get some cash as well. So yeah. Okay. So the reason I wanted to like
touch out a double double out is cause I know we have a lot of artists that listen to show.
So it would be really cool. Like I think for y'all, like if you want a good opportunity to
build, uh, to build, like to put your name further and be represented at one of these,
uh, conferences, um, and big art fairs is one of them, uh, especially this super chief and
glam Beckett is awesome. Uh, love her art and her one-on-ones and all that work. I remember
looking into that like two years ago when, when sad girls bar, right? Sad girls bar,
the project came out and, uh, and it was really cool. So big fan. And I think it's
super cool that you're doing that. So a lot of artists down there. I see y'all,
I see y'all, I see Ryan Coopman's, I see Sarah script, you know, I see a lot, a lot,
a lot of names, uh, down there that are familiar. Even, even I like tabs. You should submit your
memes, but seriously, like you get a grant meme in one of the biggest that would be crazy.
Let's make that happen. Let's make that, yo, let's make that, yo, but I don't know if you
want to see ally tabs as memes and then between us, but maybe, yeah, definitely questionable
memes, but you're like, yo, put your, you should, you should, uh, maybe Ovi's too big. It's not fair.
Don't put your art in there. Uh, but honestly, it's, it's like a really big art fair. Like it's
a huge deal. Like Son of Michael was like, not like it's really, really a big deal when it comes
to the art world. So definitely touchdown that. And no problem is doing a bunch of, I mean,
Andrea has like whole purpose is like elevating creators and all that stuff. Especially diverse
creators. And I'm really happy to, I don't know how I got this job, but I'm happy that it helped me,
you know, actually do the thing that I'm very passionate about. So I love that. So, you know,
you're saying why build on Palm, which is why you're just touching on like battle tested,
obviously with the backing of consensus, which I, you know, I know they're putting a lot of,
you know, effort and time, money, everything into, into that as well.
I got to sit down with you and Joe Lubin for an hour in Miami. So I heard it from the,
I mean, we heard it from the, from what it was saying from the mouth of the whatever.
From the mouth of the mothership.
Whatever the mothership mouth. So I heard it all myself, which is really cool. Love to see that.
So what's the outlook now? Like, what are we looking into in 2024? You know, of course,
like we're talking about the market right now. That's just like, that's short term, right?
Cause we cover market trends, obviously, but 2024 is still looking like an incredible year
ahead of us. So what's, what's in store for you? Like, what are you guys excited about Palm
network for 24? Well, for us, we're excited for people to just start building and trying
the new POS chain and the new technology that we're, you know, putting out there for
people to build in. We have new documentation in docs docs docs dot Palm dot IO for any that
to just start building on the Palm network as well. And what I think makes us incredibly
special is we are building for the creator and this chain is by and for the creator.
But the other thing that we are very good at and continue to explore is how to bring brands
into this space and have them connected with their fans and creators now.
And so we already have in the network candy digital that has the DC commie,
NASCAR, WWE, et cetera. So we also want to position ourselves as a network where they were big
brands for sports and entertainment can start a, you know, doubling into a three and having them
transition in a, in a, into a chain and into a secure space. As you were saying,
we are battle tested. We're back by the two biggest, you know, companies in this space.
And so what we really want to do is show brands that might have been, you know, spooked
by 2023 and all of the things that happened. And, you know,
rightly so they're skeptic again, of course, to bring time with all of the influence and
all of the backing that it has and position it as a place where brands, fans and creators can
all come in and hopefully start a new, a new, I don't know if a bull, a bull run, but a new
iteration of, of web freeware. First it was the gents, then it was speculation. And now it's
more of a mass adoption. And so what we want to do is no co tooling, easy to use, you know,
systems, which is basically what we've done with the pandow. You don't need to speak there
to use the dial system now. Thank God. Exactly. You can build your own, your own. So complicated.
You can tailor to your communities. You can let them tell you what they need. And especially
for brands, I think this is important. And we were talking about this in Miami, but,
you know, for the creator, of course we went with three. We want power. We want to be able
to commercialize. We want to be able to appear to appear, but for a brand, they're like,
but why would we care? We're very happy with the status quo. We tell you what to buy, you buy it.
But that's, I think that's ending. And we're in a paradigm shift where now we're entering
an influence economy where the consumer expects to have a say on what the brand is building
and what they're going to consume. And so turning the consumer feedback into a dial mechanism where
the actual company allows their consumers to have a say on the roadmap and the products that they
build and put out for sale is going to be pivotal for them to hopefully survive.
So that's what we're trying to do. We're trying to have a very easy shift for a brand to join the
space and an easy path also for someone that's crypto curious, that doesn't necessarily know how
to spin an NFT or trade or all of these things, but just wants to learn more about
the technology. We also have the Palm Academy for that. So if you're a teacher, if you have something
to share, the Palm Academy will also become a DAO. Anyone can submit a class and then the DAO will
vote on who teaches the class. So you can create your own curriculum. And in the end,
for each class that you take, you collect a soulbound token called proof. So you're creating
your CV so that the community itself will let you know if you're good, if you did this,
if you did that, if you learned, if you built, so that we can all refer and hire each other instead of
just trusting, I went to Harvard or I have a debt of millions of dollars to get education. So that's
another call for Palm. So let me ask you something, because I know for a fact you guys doing a lot
for creators in general, like not just artists and creators in general. So maybe someone like
ourselves would start a show or a learning mechanism or a course or something like that.
I know for a fact you get that's your mission, which is really cool. What is the best way to direct
everyone? Because it's a lot, right? Where it was the best way to direct someone that is genuinely
interested right now in joining you guys after listening to the show? To the Palm DAO. That
PalmDAO.app is the best way where you can start learning from us. Out of there, you'll see
everything. You have the Palm DAO app, basically, you can... Ah, thank you. So yeah, if you go
there, the first thing you will do is create your Palm ID. Once you create your Palm ID,
it's like three clicks. You can verify it. So you add your mail, your Twitter or your Discord.
And so you can then start collecting. You can participate in the grant. You can participate in
a boat. You can create a community. You can build on Palm. And through that, you can also become
a member of the Palm Academy, of the Palm Foundation, of the different DAOs and some DAOs
that will start creating. Some from the Palm contributor face and others from just the community
building their own things. And so if you see those four things, can you scroll back up?
Those are the four tools that we have on the DAO, no? The Palm ID is the first one,
because we want security in the Palm network. You can have a seldomimos, but at least you
know that you're talking to a human. The community is the sub-DAO, so anyone can just
create a sub-DAO. And the proofs are the solvent tokens that give you membership to the different
communities and plan and collect it proper, and allow you to also prove that you took a class,
you built something, you went to an event, you came here, you came there, et cetera. And then
the grants are just for you to get either fiat or token or Palm token grants. And if you scroll
up a little bit more. Up or down? Up. Up here? There's like a spinning D, that one. That spinning
D, once you create your Palm ID. Where? Oh, there it is. There it is. That spinning D,
that's the membership proof of the Palm Collective. So once you claim your Palm ID,
you become a member of the Palm Collective, and that will give you the ability to vote
on the DAO of the Palm network and help us decide how we build it, where we're going.
This is a community network, and so we want to hear from you. All of the decision-making
process, once the token comes out, will be happening through this DAO. And you'll need
both things. You need Palm token, and you need the proofs to unlock the different votes.
So if you want to learn about Palm, the Palm Collective is where you should go,
and you'll start building, start using it, and telling us, also giving us feedback about what
you want to see next. And we'll start having more votes for you to choose already,
for you, you know, protocol decisions. Everything's going to be happening throughout that application.
Yeah, that's awesome. I mean, listen. PalmDAO.app, P-A-L-M-D-A-O. It's all in there. It's
really cool when it comes to creator and the creator economy. Take it from me. Like,
I've been a creator for a long time, and I genuinely think it's cool. I'm not trying
to posture or anything. And I know you guys also give a lot of money away and put people
on places. So like, may as well go and get it if you're listening, right, before the masses come in.
This is like the easiest opportunities you have in crypto to like go and catch grants,
like take it now while you have it. So Andrea, thank you so much for coming on.
Thank you for being an awesome partner and looking forward to seeing you again.
Thank you so much. Me too. And thank you for everything you do. I'm a big fan.
And thank you for having me.
Thank you, Andrea. Ciao. All right. All right. Well, that puts an end to this show,
to this quite bearish show. But hopefully Mando tomorrow or by will be fixed away.
He'll be like ultra bullpulsing again in like maybe like a month, but it's okay.
Well, it'll take time. But anyways, we'll be back. But with that,
with that, with that, we will see you all tomorrow morning, 10 30 a.m.
Eastern Standard Time, 7 30 a.m. Pacific Standard Time for another episode of FOMO
our on rug video. Let's go.