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FOMO HOUR: Markets, Daily News and More.
Recorded: June 19, 2025 Duration: 0:56:58Space Recording
Short Summary
In a dynamic discussion, the launch of Myriad V3 and its innovative features were highlighted, alongside significant partnerships with Wallet Connect and Kraken. The conversation also touched on the rising interest in crypto equities, the impact of regulatory developments on market trends, and the ongoing growth of user engagement in the crypto space.
Full Transcription
Thank you. Check. Check, check. There you go. What up, what up, what up, what up, everyone?
I was in a very intense game of Mario Kart with Danny right now.
He pisses me off.
Fuck Seed Phrase.
For anybody listening,ed phrase is trash
At Mario Kart
Seed phrase is god tier
Trash at Mario Kart
Yeah yeah
Trash
You're literally trash
Yeah you're not coming on the show today
You're not coming on the show
You're not invited
Alright I'm waiting for the accounts to come up Yeah, you're not coming on the show today. You're not coming on show. We're not invited
All right, I'm waiting for the accounts to come up
Stage All right
We're good there go you go out of speaker Okay Alright. Oh. There we go. There we go.
I have a speaker.
Okay.
Alright.
Kick it, Sips.
Kick it, Sips.
Kick it, Sips. Thank you. yo yo yo yo yo what up what up good morning good morning gm gm thursday june 19th, 2025. Look at that. Another beautiful day to have a beautiful day. I got my
co-host in the house, Tyler. Tyler, Tyler, Tyler, good morning. How are you doing today?
I'm doing good. It's a little bit of a weird day here with the random holiday. I feel like we're
still not used to Juneteenth, and it's just kind of like on a random day in the middle of the week.
to Juneteenth. And it's just
kind of like on a random day in the middle of the week.
Markets are closed. No one was even
expecting it. So it feels
like it might be a slower
day, but let's see.
Hmm. Yeah, that is
true. I honestly
had forgotten. I didn't know it was a holiday.
then I realized, wait, the markets are closed. Wait, it's the holiday.
But that's why I planned the show
yesterday. And I was like, oh, wait.
And that got told this morning.
But we may as well run with it.
We don't have to keep it too long anyways.
So we'll keep it to the market.
We'll keep it to today's topics.
We'll keep it to Myriad V3.
Sorry, season two.
If you want to talk about that.
Couldn't really talk about it.
Yes, it would have been useless anyways.
So now that all the launches are out. so definitely some good stuff to talk to you guys
about today we're of course we're going to do a giveaway at the end of the show which is probably
going to be a little shorter we'll give you guys a code and then you guys will be able to participate
in this and then as usual this show is powered by wallet connect wallet connect is a connectivity
network shaping the future of on-chain ux if you've connected to Web3 app, you've seen Wallet Connect. That blue logo,
it's everywhere. An icon of trust in crypto is recognizable as Visa checkout. Want to learn more?
Follow Wallet Connect on X and Telegram to stay ahead. What's next? But also, we are also sponsored
by Kraken. Kraken Pro gives active traders exactly what they need. Deep liquidity, full
customization, and 350 plus trading pairs. Build your own layout with drag and drop modules and trade seamlessly across desktop or mobile go
to product cracking.com and trade without trade-offs just a reminder that we are live on
kick uh check us out at djans live d-e-g-e-n-z live you are going to be able to catch us
monday to friday five days a week on there plus some
bonuses we have rec radio on there we have underexposed and you know sam streams on there
we're going to be streaming more on there so overall it's a great channel to get uh to get
everything you need on there i'm going to post the link in a second but anyways tyler looks like
it may be just you and i today so let's let's keep it at the topics a little bit of market and then
get through it.
For daily NFT and crypto analysis.
Tyler, the on FOMO hour calls to kick me.
Great ambassadors.
Yeah, folks, crypto majors are chopping here this morning.
After what was a relatively uneventful FOMC yesterday afternoon, we've got Bitcoin hanging out 104.5.
ETH down half a percent, 25.15, sold down 1% at 144.
With Majors Chopping, though, there were still some big alt movers.
So Aero, AeroDrome was up 18%. I believe it's up 70% a week.
Say was up 10%. And then a couple of those Solana ecosystem tokens, Ray and Gito,
both up 8% to 10%. So some interesting moves in all. But that pales in comparison to the moves
in equities, folks. Circle stock jumped 33% to $200 a share yesterday on the back of the Genius
Act passing the Senate. So a huge move, but it wasn't alone. Coinbase stock jumped 16% yesterday on the back of that Genius Act,
as well as the debut of their Coinbase payments,
a new base-based stack enabling seamless 24-7 USDC merchant payments
in integration with Shopify.
So that was big news.
We'll dig into it here in a minute.
More crypto companies are eyeing the Circle IPO and preparing themselves for the latest crypto prime brokerage, Falcon X.
They are now in preliminary discussions to IPO, perhaps in 2025. In other headlines,
the Bank of England is looking to propose new crypto restrictions by next year, limiting banks'
new crypto restrictions by next year, limiting banks' crypto exposure and likely capping
at 1% of assets.
So Europe continues to move the wrong way with respect to crypto.
Not a huge shock for the crypto flyover zone.
Polygon co-founder Jordi Baylina announced yesterday that he and the core ZKEVM team
have spun out into a new independent project called Zisk, where they're
looking to build open source, low latency ZKVM infra. KuCoin, KU Coin, they're going to start
charging these dormancy fees on inactive accounts that don't have KYC on them. They also said,
basically, anyone who's in restricted zones, USA or China, not going to be able to do it.
So just take your assets off. So I thought that was somewhat notable.
And then Jump Crypto announced its reintroduction into the crypto space yesterday as well.
So Jump is jumping back in.
We got some breaking news this morning, somewhat perhaps relevant to Crypto X.
Twitter announced they're going to enable trading directly within the app here as soon as they look to build out what they're calling the super app.
So that's going to be one to watch.
In token airdropping protocol news, folks, it was a lighter day over here,
but Myriad, still in the show, launched in season two, all-new website,
mobile experience, 0% selfies, a new leaderboard, USD rev share, and more.
So we'll dig into that more later on in the show.
In Kaido and InfoFi, we had OpenLedger announced 50K in rewards
for its top 150 Kaido yappers.
Peak and Humanity Protocol also announced rewards programs.
And then Bubble Maps announced their third blockchain integration in the past month here this morning,
moving over to Telegram's ton.
So that was somewhat notable.
Rounding this out, AI market cap up 4%, 9 billion.
Meme coin leaders were mostly green, but still kind of chopping up 1% to 3% across the board.
This Gore token was the sole meme runner of the night, jumping 15,000% to 10 million.
And then NFTs and NFTs kind of chopping, dipping as well.
So not a whole lot going on over there.
That's the rundown.
Yeah, wow.
What a rundown.
A lot going on today.
Mando, good morning.
How you doing? I'm. Yeah, wow. What a rundown. A lot going on today. Mando, good morning. How you doing?
I'm doing fantastic, man.
Life is great.
Always fantastic.
Life is always fantastic.
I love it, dude.
Someone needs to make a meme of this fantastic man.
I'll let you know, but for now, life is great.
I love to hear that. I love it is great. I love to hear that.
I love it for you.
I love it for you.
By the way, this is literally the best coconut water in the world.
If you ever fall on this can.
Yeah, how are you doing now?
I'm getting there.
Did you do the IV drip?
They never answered.
I sent a request.
They never answered.
Portugal.
Yeah, thank you for understanding.
So we're getting there, though.
We're getting there, boys.
I'm like day six or seven, so I'll survive.
I have survived.
We're catching your heat wave.
We're going to be in the 90s Fahrenheit.
Oh, it's hot.
Everywhere in the U.S. next week.
It's hot.
I would drink so much red coconut water if they made that
Me too
But like pure coconut
It's got to be 100% coconut or nothing
There's going to be only one
Actually, matter of fact, baby coconuts are even healthier and better
This is baby coconuts
That's why I recommend this one
Fountain of Youth
Kokonos Wasser
Wait, this is German?
This is German?
Germany does make things, you know.
What's nice about coconut water
is you can just charge absurd
prices for it.
Vanessa can't do that.
So you can make it in so much margin.
Yeah, yeah.
I mean, I probably paid so much for this.
It was in an organic store on top of that.
Like, I'm probably in for, like, four euros of a fucking can.
But I need electrolytes because I've lost a lot of electrolytes the last five, six days.
So I need to recover.
Anyways, where do we even start?
Like, is this just maybe the FOMC recap?
I guess it was a non-event.
I didn't even clock in to listen to anything this time around.
I feel like it was nothing going on.
What happened yesterday with Powell?
Yesterday with Powell, to be honest, it was a bit of a non-event.
I would say that we're still heading probably to one rate cut later this year.
But he did indicate that it was probably going to be slow growth, higher inflation.
A lot of that's down to tariffs
he's basically saying
so it does feel as though
yeah we're talking about
yeah we're talking about
a non-event
for the next
three months I would reckon
I think we're talking about a
he might telegraph it in September that they may do
something and some stuff.
But, yeah.
It was weirdly like,
I don't know if you were following the market,
the market barely moves.
Even during the press conference,
normally the FOMC is like,
bam, bam, bam, bam.
It was just like, okay, it went up and down
a little bit.
Like a very, very quiet bam, bam. It was just like, okay, went up and down a little bit But like a very very quiet fomc like look at that that candle versus like the day before
It's like a this that doesn't feel like an fomc day to me. You're right. Like the last three or four have been insane
Like I even clocked out of this one
Yeah, everyone just batters this time insane. Like, I even clocked out of this one. Yeah.
Everyone just batters each other.
This time,
like,
I don't think the market really wanted to sell off because obviously it had been selling off already
because of all the Iran stuff
and didn't want to rally
because of
the Iran stuff.
So then you kind of,
it just,
it felt like very much
the second fiddle
to what was,
what was really driving the market yesterday.
And that's,
you saw barely, barely any sort of price section. Everything's so what was really driving the market yesterday. And you saw barely any price action.
Everything's so flat.
Look at Heath.
It's so funny, right?
It's just like that.
Sideways.
It's been remarkably sideways for a while now.
42 days now.
Yeah, it's doing...
Yes, it's doing, I think it's still holding up relatively well.
I think it's still holding up relatively well.
I think today in terms of the geopolitics stuff, it feels like not much happened yesterday.
Like obviously continued strikes against each other, which I said would happen,
even if they were starting to even discuss a ceasefire.
starting to even discuss a ceasefire.
There was a Wall Street Journal article basically saying he's,
Trump has approved the strike that would happen,
but has decided is not.
But then he said the Wall Street Journal has no idea what he's talking
about.
Right.
I was going to get to that.
It feels as though, who knows?
What you can tell is that there continues to be military assets from,
and it's not just the US now,
the UK is also sending me military assets there,
including some of their big aircraft carriers.
So there's definitely a buildup of military assets.
I don't know if that's more like a threat or not.
And a removal of some of the military assets from Bahrain,
which would be like some of the most easy to strike if anything were to
happen.
So I think it's still gearing up for this like brinkmanship and,
and let's see,
I would say,
but it does feel increasingly like Israel may just
go for this alone.
I don't know.
That's my read.
I think every day that goes by
that the U.S. does not enter,
it's much less likely.
yeah.
They're not going for it.
I don't think so.
Like,
they've removed,
did you guys see the Qatar airbase?
It's like,
completely empty. And there's a lot, they've removed... Did you guys see the Qatar airbase? It's, like, completely empty.
And there's a lot...
They've removed a lot of their stuff around there.
Right, but that was...
That would be because that would be the first things that Iran could hit.
Yeah, because they're the closest to them.
You know what I mean?
Right, like, so they've built up assets in places which are...
They've moved them to bases which are actually on the medium-range missiles
rather than on the short-range, because Iran has a lot more short range
missiles.
So Iran could just like obliterate some US air bases if they stick across
with a short range.
I don't know if obliterates the right word,
but it definitely has enough to cause significant damage to a lot of US
air bases.
So all the,
all the main ones are in Bahrain,
Qatar.
It's got a huge, I think a massive, massive aircraft base in Qatar.
And most of those are now not there.
There's some in Iraq and Syria as well.
I don't know about those, but they've moved to bases slightly further away, basically.
Yeah.
Let's see.
Definitely.
Everything feels on hold right now.
I need to revise my prediction.
I thought this conflict would be over,
this war would be over within seven days.
I think I said that a couple days ago.
I don't really think that anymore.
It feels like it's going to be dragging out longer than that.
I think Israel said two weeks
and they're going to drag it two weeks.
Honestly. This is the first thing they said when they came in. They said this is going to be dragging it out longer than that. I think Israel said two weeks, and they're going to drag it two weeks, honestly.
This is the first thing they said when they came in.
They said, this is going to last two weeks.
I don't
think it could be
over. If those bases
get hit, though, for example,
if they do hit Ward out,
I think that's it.
I don't think they would continue. I think they would just like,
that's what we wanted to do. It's over. over we're out so it could just be over like that
but I agree with you I don't know how long this decision is going to take
if it's just
Israel being asked to do the job
like there's been some
talk about that
they would
they would spend like a whole
day trying to drop
bombs on this one mountain.
And like who,
it would take a long time and who knows.
Poly market still has 62% chance of US military action.
This guy that put like half a million dollars on the line.
Down,
down from 80 though.
Down from 80.
Well,
it looks like highs was 69 yesterday.
This is 62. So it is looks like the price was 69 yesterday.
This is 62, so it is down.
It's still high, though.
Like, it's still a lot.
Yeah.
Yeah.
It's a 72% chance before July, so incrementally, they think it's most likely to happen in June than July.
Can this just be a little risk? It doesn't feel like anyone's coming to the negotiating table.
Are they moving?
Are the leaders getting out to Oman to finally meet in Geneva or something?
So the Swiss envoy is still the one speaking to Iran.
And there's some talk with the foreign minister and or,
I don't know if it's a prime minister
but but some ministers may be willing to negotiate outside of kamein and then that that was the first
time you saw sort of that but like who knows man but but i what i put out today is kind of what i
believe at this stage i kind of feel like the macro hasn't really moved on this, to be clear.
Crypto is really de-risked.
I think a lot of people have been like, right, I don't want to get involved.
And we've had so many headlines that people have freaked out on
and kind of just come back to where we've been for the last week now.
My personal view is the risk reward is to be long. I think even if on a headline
now, I think it would get bought.
And then I think
if there's no headline,
if there's no headline, which I also
think is a possibility
here, in that
by no headline
I was trying to get to his tweet about this.
I mean a deal of net.
Let's let our listeners know what we were just looking at.
It's a tweeter.
So you got Mando's like,
the thing with Mando is like,
he'll tweet like something serious.
Like with the markets. And then he'll tweet like something serious, like with the markets,
and then he'll tweet this.
And it's like a lady, it's a girl carrying all the luggage.
The husband's walking in front of her.
So doing nothing.
And he goes, when you ask her to be the hyper liquid.
Oh my God, man. God damn it. Anyways, fuck. I think shorts are starting to look crowded.
Everyone waiting for knee-jerk reaction. Lower to a headline. What if it never comes?
Positioning now feels like any dip will be shallow or short-lived.
Risk reward here. Favor is being long. Personally speaking, I have not touched a single position in...
When was I in New York for a small conference?
And the Farcon position, I haven't touched since before Consensus Toronto.
So even before, yeah, I'd say I haven't traded in two months.
Even though I'm down on some stuff that I bought last month, whatever Probably a good idea
I'm down, I'm not up by the way
I'm down
I just haven't touched anything
I don't feel like touching it
Bitcoin's gone down to 103k a few times here on this
And it felt like it's about to go down on a headline a few times
Like two days ago, it felt like, wow Trump's in the situation room Shit's about to go down on a headline a few times like two days ago it felt
like wow trump's in the situation room shit's about to go down everyone's like yo the b2 bomber
fucking like you know i think people really de-rest de-rest at that time and then now they're like
i don't want i don't want the heat of all this i'll wait to see what the headline is i don't
think it will rip in your face if it's a positive one,
but I think generally this is also isn't the sort of market where it will
tank to like 90 K even if the U S
bombs sort out.
But you also put this thing out,
right?
So it's funny that yeah.
Consensus like it's,
it looks like sentiment here is more bullish because you have
more people that voted 110k before 400k including myself but yeah in the order books way more shorts
than longs so i find that interesting too i would just say this is something very balanced and i
said i would
have said if i had put this out when bitcoin was at 110k like are we gonna go to 120k or 100k next
i reckon this would have been 90 120 or like 70 plus 110k i don't think anyone was calling for
100k i think people were calling, this is going to 125k.
So I think what this tells you is basically what I'm saying.
It feels more balanced.
So it feels like if it goes to 100k,
you'll get bars.
Yeah.
I think this reflects the timeline sentiment perfectly.
It's very choppy, right?
It's neutral.
This is choppy.
Yeah, this is super choppy.
I share it to get more votes, but...
I'm seeing more bears in the timeline
but always they're so loud like what's like what's your what's your upside shorting majors here like
10% 5 to 10% like I don't think we're going much lower than that with the bid that's out there
I I struggle to see bitcoin below 100k without some
massive headline personally i don't know i guess we'll see it's boring it's it's flat it is what it
is this is the market that we're in at the moment but there's still some news tyler what about some
headlines yeah well we gotta talk about these crypto equities.
They are the talk of the town.
So first up was CircleStock.
Circle up 33%.
Dude, Chad GPT cooked.
$200 a share.
It told us to buy.
One word, just buy.
We should have listed and we didn't.
Coping on the sidelines, at least I am.
It seems like the move is on the back of the U.S. Senate
passing the Genius Act.
We also have some very, the Circle Bulls love the commentary
on Washington yesterday.
So Trump came out and made a very aggressive statement
telling the House to move lightning fast to pass this Genius Act,
not to put anything else in it.
Because we talked about the day before
that perhaps the concerns was trying to mix
the market structure bill with the Genius Act.
He says, no, don't do that.
Move this to my desk.
We're going to pass it ASAP
and the US is going to win digital assets.
And then Scott Besson came out
and made more comments yesterday
talking about how stable coins
can reinforce dollar supremacy,
how it's not a threat to the dollar.
It's an important phenomenon. It's been ignored for far too long.
So you have the genius act.
You have positive commentary out of Washington.
Markets love that.
This thing is trading at 2200 X price to earnings right now at 200,
six X from IPO. It was very viable in the 80 to a hundred dollar range. price to earnings right now at 200, uh,
six X from IPO.
It was very viable in the 80 to a hundred dollar range.
Like it was not that viable day one at 30,
unless you,
you got in pre IPO.
but it was an easy two X in any,
any size you wanted.
Isn't this a signal though for the rest of the market?
Like, I'm so surprised to see this and everything else is just choppy like like what mando's saying like you know
the bias right i was so short but most likely we go up did you guys feel like is this weird
there's so much appetite for crypto technically't know. There's a potential negative signal here that
crypto stocks are going to take all the
inflows.
Look at Coin.
This year, and not our beloved alts.
Yeah, I mean, alts are finished.
I think that's...
Of the other podcasts I follow, that's what everyone's
talking about.
Everyone's like like open up a
robin hood account start trading crypto stocks like this is where a lot of people are shifting so
i think i think this is 100 it is what they're saying like what are you gonna buy you're gonna
buy circle at 2200 2200x here are you gonna buy coinbase stock i mean i guess yeah yeah i agree there's no value in that
but i think they're talking more about like the um treasury companies yeah that's the house of
cards like i mean you gotta be in so early yeah yeah it's insane i mean is it better or worse
than the trenches you think trenches are god awful like even i'm worse than the trenches, do you think? Trenches are god-awful.
Even I'm out of the trenches.
What I'm trying to say is that you have to be in early.
Do you know what I mean?
They don't care.
We would have said, oh, you're not in early to circle,
and then it's kept on going.
When crypto bros take over a chart, it's just a Ponzi.
We're all going to move to public listed
stocks. It's all just going to be
like pump fun charts out
here. Get ready
to see some of those on
crypto treasury companies.
Yeah, I think you're right.
I want to talk about the impacts.
Do we just need to auto fire whatever
the crypto IPO is?
Regardless of its merits or fundamentals.
Like, I feel like it's going to be a very public trade as long as it's not like a shit company.
Yeah.
Yeah, I think a lot of people are going to do this, basically.
So Circle caught the bid, but it wasn't just them.
Coinbase also up 16% on the day.
They also benefit from the Genius Act.
They also had this announcement yesterday, Coinbase Payments,
where they are effectively moving deeper into the global payment space.
They're going to have this integration allowing merchants to accept USDC payments
powered by base 24-7 around the globe.
And they have integrated with Shopify already.
I was digging into this.
Where this gets cool is they have a few different modules
with how this is going to actually work operationally.
And one is called a stablecoin checkout.
And it's going to generate a pop-up that lets customers pay with their
MetaMask, Phantom, or Coinbase wallet in a gasless
experience. So that's pretty cool. And I don't know that I connected the dots.
That's how operationally this was going to work. So you've got a crypto wallet with USDC
on base. You can go to any Shopify store that's integrated, a couple clicks, and you can use your crypto.
That's cool utility.
And it's taken us one step forward to being able to use crypto to buy anything IRL in the world.
And this is a big win for Coinbase because it's powered by base.
Also likely a win for Circle,
USDC,
just getting more
proliferate across
the world. So this is a big one.
Wow.
What do you think about the other companies that
have all come through
potentially like Gemini
and Tron
there was another one today, right? Falcon X. potentially like Gemini and, and Tron. And, um,
there was another one today,
right?
Falcon X.
So my question is like,
it's probably the descending rollercoaster loops.
Circle is going to be the big one of the cycle.
Circle with your trunk.
What's the demand?
What's the demand for Gemini and public markets? Suck it with your trunk. But Tron is interesting. I'm not short on Tron.
What's the demand for Gemini in public markets?
I guess boomers
don't see that, but when Gemini lists a
meme coin, it doesn't even move.
Depends on the price.
So there are going to be costs to Coinbase, right?
Right.
Coinbase is at $75 billion.
Yeah.
I don't know.
I don't know demand for that stuff,
but I don't know the markets like that so much.
I think you want to be next.
I don't think now is the time to be dragging your feet.
I think if you made a decision to IPO, you want to go.
Hear me out.
We're going to SPAC Myriad.
Myriad SPAC.
We're going to reverse.
We're going to perform a reverse triangular merger
with a publicly listed company on the NASDAQ,
and we are going to IPO it.
And the ticker will be MIR. Instead of being
a token on chain,
it's going to be a stock listed
on Nasdaq.
I mean, it would
definitely go up. So
you'll call on that. Yeah.
I'm kidding.
Let us know the...
Oh, shut up, up Sam's with your fucking
this guy posts host opinion
on their own on the feed
get out of here
anyways
we probably can't do this because prediction markets
don't even fully legal in the USA
so I don't even think that's possible
crime season
do whatever the hell you like
I wish I was a criminal sometimes.
I just can't.
I don't have it in me, man.
You know, I talk about this with logs.
I'm like, everyone's doing crazy shit, raising a fuck ton of money.
And here we are busting our fucking balls.
All their stuff is fuck.
Doing our best.
I just wish I had it in me, man.
I don't. I don't.
I don't.
You know,
definitely not trying to mass extract with that one.
Definitely not.
Definitely not.
But,
but it's okay.
Good guys.
Don't always finish last boys.
Good guys.
Don't always finish last.
Anyways,
we're going to talk about Mirai in a minute.
Cause I definitely want to chat about what,
what,
what we,
what we've pushed out recently.
But Tyler, in the meantime, is there anything else?
We should talk about X.
This is some pretty big stuff, right?
Yeah, we don't have a whole lot of details, but the headline here is – let me find it.
Yeah, Linda Iaccarino, chief exec of TwitterX, said that soon users will be able to make investments or trades on their social media platform as they look to get deeper into financial services and build this everything app.
So we don't know exactly what that means.
We don't know what type of assets likely means.
I would imagine it's likely going to be stocks to begin with.
I am curious if they'll open this up to crypto.
I feel like we've gotten some mixed feedback on that from Elon.
So my gut is it would not be crypto out of the gate,
but maybe it is.
Maybe that's also part of why they just banned a lot of those crypto
accounts posting their own links.
Who knows?
There'll be some tinfoil speculation on this,
but it's been clear they're
going this way since they started monetizing the app i think it's very interesting that right now
if folks know creators who get paid it goes to their bank account or however they choose to get
paid out if you got paid to a twitter account instead of directly to your to your bank and
you just had those funds sitting there and you could also make trades with them
on x it's kind of interesting right i feel like i would be more likely to just keep the the funds
in that slush bank and maybe try to run it up on the everything app versus just cashing it out
so i think that's another perhaps lever they'll have to kind of keep some of that creator money
in the ecosystem as well.
We haven't really seen this.
I guess China might have a version of this,
like their own everything app.
I'm not super familiar.
Yeah.
There's everything on there.
We haven't seen it.
Line in Japan is like known as being one of these.
Weibo or WeChat, I guess, in China.
But I think it's more popular in Asia than it is here.
Or in Western countries at least.
Yeah, I wonder why.
I don't think of anything else.
It's everything.
Like, I guess Amazon's kind of there.
They haven't got a social media platform, do they?
That's the one.
But they have everything else.
Now X has exclusive shows.
Did you guys see that?
Apple? Maybe Apple?
I don't think it's like an app. It's a phone. No, X is the closest thing
that could potentially...
They just announced exclusive shows.
X is... Did you guys not see that?
X is trying to get into that business,
too.
Here,
X Originals.
Yeah,
I saw that,
like,
a couple weeks ago.
It's like,
like,
X Originals,
new one for original content,
with Pomp,
Khloe Kardashian,
Celtics,
off-season.
Pomp is number two listed.
Yeah, I know, It's so funny.
And I guess they're trying to do
ex-original
shows now or something.
I feel like
they're trying to be a lot.
Yeah.
I'm looking forward to
that show with Khloe Kardashian one.
Yeah. You would like that one, eh?
Chloe and Wanderlin
That's right down your alleyway, I think
But anyways, we'll see
There's going to be security concerns, right?
Like, people
It's hard to keep your ex-account
Secure, like a lot of people get hacked
Yeah, I mean the China one
Is crazy, like it's like tied to the government
And shit, like to join to the government and shit.
Like, to join WeChat, like, you have to, like, be approved and go to the government.
It's, like, crazy.
Tied to your bank account.
Like, it's, like, literally you live on WeChat.
Like, your whole life is around that WeChat thing.
It's pretty wild the way it functions.
But anyways, so there's that. So X will see. I mean mean they did say there's much more coming with the polymarket integration and we did
say that like you need payments and trading first so i'm assuming that you'll be able to do everything
within the app um so i i just wonder how they're going to integrate all this like if i were x i
would just buy farcaster just call it and just just try and do some really cool on-chain stuff and build from that.
Farcaster has built some really good...
Farcaster has built a good skeleton.
It's got a great base.
It's a good move.
I don't know.
We'll see.
Was there anything else?
Mirriad Season 2 season two baby let's go
myriad season two hell yeah well yesterday yesterday yesterday we announced myriad v3 aka
season two to go live uh the pat the website went down for a couple of hours so that we could uh
move it we've now you know have a new website and mobile experience, which is optimized
and it's incredible. I'll share it on the screen in a second. No more selfie. This is something
that drove all of us crazy. Yes, us, meaning us as well. Insane. We had a fee on the buy,
which is normal, but there was another fee on the sell, which is not normal. So now you have
no more selfie when trading on Myriad as you should never have had.
So it's gone. New leaderboard and new challenges, which by the way, there's going to be some really
good stuff going on. You should definitely pay attention. We have some really cool partnerships
and integrations on the way, but first we wanted to push out a good product, something that was
ready and more robust. Like I said, network expansion, new partners, new players, new events,
and more robust uh like i said network expansion new partners new players new events
more ways to win and then a new rev share program as well as that with a one-on-one
rev share linking for usdc so you share to earn on all markets open to everyone usdc uh rev sharing
for everyone will open at a later date so we we're cooking we're cooking there's a lot of good stuff coming on that front did you guys get to see it sounds pretty fun i did i want to i think we should pull up some of
the lines i've got some thoughts oh how clean is this like how clean is our branding you know i
mean it's good it's nice right like i genuinely think we have the best prediction market product out in
terms of ui ux like once you use myriad you're like what the fuck like why is not everything
like this generally speaking i think it's so good i love the new logo definitely need a little change
uh but let's definitely put up some of the lines here what's up i think i don't know what i what
you guys what you think but i think think Calcius, I hate it.
Whereas Polymarket, I think it's all right.
But yeah, I regret it.
Look, they're both obviously...
Calcius, I don't even know what the fuck it is.
It's just like they're just throwing sports bets at you as soon as you're like...
I mean, they're obviously both way ahead of us, and I respect both of them equally.
But I find the UI and UX is really i i i don't know what you i
lost money on polymarket once bridging there and i never lose money like that it happened to me
three times in crypto um and i was never able to recover it actually but i don't know i agree so
but look at how clean it's like so simple new like front page you have page. You have all the lines here. You have your home here.
You have the markets page here.
So now we have these cute little tabs, you know, gaming, economy, politics, sports, crypto, culture, all that good stuff.
And then here you have the different lines.
You have the news.
So news tab here directly for like, you know, the crypt news, et cetera.
Do we have a brand new leaderboard, which is going to be super fun.
As soon as we're adding like haptics, notifications to see who's buying what we're gonna add like a little
social fly aspect to it like damn there's already people cooking on this bitch that's crazy uh and
then new ways to earn right so make sure that you do all these you know join our telegram sign up
to kick etc but tyler let's definitely pull up some new lines here. We went to what, 30 lines?
Filter by the USDC markets here.
There's a little bull parlay
that's on the board.
Okay.
Maybe for the alt bulls.
Bitcoin dominance, 70%,
56%, 58%.
You go no on that, or go 58 on that.
I think that's perhaps the bull side for an alt rally.
We've got…
So you got the 58 on that?
Yeah.
Let's keep scrolling.
Yeah, let's keep scrolling.
All right.
There's a few others that I liked.
Ethereum next, 3K or 2K.
3K is the both side of that
I feel like that's
feels more likely
yeah
2k I like that one
scroll down
there's a sailor one
that I liked as well
sailor there
sailor not to sell
so no on that
yeah it's kind of crazy
you can get
you can still buy this?
Yeah, okay.
And you've got also Bitcoin 115 or 95.
95 is a tough number for me to fathom without some huge bad headlines.
This is a – actually, what do you think about this one?
that's a pretty good market.
That's a pretty good market.
Yeah.
I mean,
I think,
I think it's going to hit 115 first.
I like that.
It's difficult,
but I guess it's more likely to hit 110
than it is 115.
Like,
115 might take a long time to hit,
basically,
is what I'm basically going to say.
Yeah.
And who knows?
There's always that one headline that can get you.
Although I don't know how much worse it's going to be than...
Wow, look at this chart.
I like this market.
Bulls in control.
Bulls in control.
Slightly, yeah.
Look how clean...
Man, the new UI is nice.
I love it, man.
Shout out to the Myriad team.
God, it's so clean.
I feel so good right now I look at this
My eyes are like really happy
Sometimes don't you just look at yeet
Mandarin and you're like
That's my baby
I do sometimes
I mean we made some changes to the bet feed
The other day
And I think we let
We put the amount that you see the
the threshold like being on the front page like quite low and it was it was just wild like i i
was like i was like jesus it's like it's kind of crazy when you see something like this yeah i like
it like so many people are using it yeah even. Even now, like, it's kind of wild when you're just like, oh, look at all this stuff happening.
Yeah.
No, hell yeah.
And you see it all, and you're like, oh, my God.
Just some notes.
Make sure you go and vote for us on Abstract.
Upvote us.
You can cheeky 10K points.
And then just some notes that, you know, when we did the migration yesterday, some people were not seeing their season one points, and were like, oh, no, I lost some of my points.
Hell no. You think I would let that happen?
Never, come on.
You know, I love you guys.
So any previously open URSE predictions
can be claimed under claim season one button.
Any previously open points predictions
or leftover limbo points
will both be taken into consideration
while calculating your season one final placements.
And don't worry, we got you.
You won't see a season one ranking just
yet because we're still doing final checks and calculations and this is a fresh new season
starting from zero but we've removed the daily points cap and reworked the leaderboard structure
so you will be heavily more incentivized for predicting in usd the new wheel on points. That's for sure.
This time around.
Some things worth noting, guys,
is we hit 500,000 users.
So we have 500,000,
502,000 signups on the platform.
4.6 million dollars.
Yeah.
502,000 signups.
We have like 35,000 DAUs, dude.
Like 25 to 40K per day, depending on the day.
What?
That's like insane.
Yeah.
It's because there was a whole abstract thing and then the badge and this and that. So that's...
Wow.
Yeah.
That doesn't mean they all use it daily, but it's a cool metric, right?
There's a lot of...
There's actively...
When we did the Wallet Connect thing, there was 40,000 people participated in Wallet Connect leaderboard.
That's a lot.
That's a big lot.
You know?
Yeah.
I wasn't aware of that.
And it's all on-chain.
We can show all that.
Yeah.
Myriad.
Someone doing...
I know I have some stats myself, but some some dude made like an insane dude dashboard for us
and it's just fucking sick.
Like it shows you absolutely everything.
Their data is a tiny bit off from ours,
but it's really good regardless.
And it just shows you like just like how much traction Myriad is getting.
So like here, like if you look at this,
it's like 4.1 million trades.
It's actually a little more than that.
This one shows 395k.
So this is not up to date anymore, but it's way more, but it's like actually pretty wild.
Like we're getting a fuck ton of like tractions.
USDC has over 20,000 traders.
Let me see if this one is more accurate here.
These are like big numbers.
Like we just don't have like insane volume yet.
Like the same way,
you know,
Cal,
et cetera,
have,
but like that's going to come next,
right?
Like that's the way we're thinking about it.
It's like,
you have good product,
very good UI.
We have,
I believe we have the best UI UX on all prediction markets out there.
And I think like it's,
I think I can make that claim.
Like if you go try any one of them and then try this one,
let me know.
The one thing we're lacking on and which is kind of fucking with the UI UX now is this wallet integration.
Like you guys on Yeet or any other casino, et cetera.
Like you shouldn't have to go, like you shouldn't have to like transfer this and like click three, four, five, six buttons to have your ETH, right?
It should just be like a deposit.
Your own native integrated wallet and it can, you know, predict on there.
So that's coming next.
It's priority number one.
It's just that we don't have enough staff to work on 20 things at once,
sadly.
So we have to push V3 out next first,
but we're getting there.
Right.
So hopefully people are going to,
you know,
start catching on to those changes that we're making.
And then once,
you know,
we have the right volume and everything,
we can talk about the next steps.
And there's that.
More, more long dated markets too. I love that.
I know with the upcoming release,
you were forced to do a little bit more.
We had to stop all the, yeah.
But it's fun to see the
longer ones. We can start tracking them more,
see how things shift, change over time.
Yeah, we can finally do,
we can, yeah, it is V3, Leo.
You can finally do markets that end next year,
next in a year, we can do three months markets, six months markets. We can do one year markets,
right? We can do forever market. We can do our markets. We can do, we're going to have live
markets for multiple things. We can do a bunch of things. And then I know the selfie was killing
people. Like people didn't want to predict with us. And I get that. Like, you know, when you have
a sports markets and you're getting charged 3% fee to sell the contract, what would you predict on Myriad?
I can't blame them for that.
So now it's gone.
And we can do a lot of fun stuff with the 3% that we charge on the buy side because we can introduce a rakeback program.
We can introduce a bunch of different revenue share program that we're going to introduce with people.
So we can now play the game with our users.
So highly suggest everybody sign up to Miradab markets
if you haven't had and participate.
Participate, it's worth it.
And you guys have a lot of fun.
And for what it's worth, you know, Mando,
I hear you talk about how gambling sometimes
has better returns than the trenches,
which personally I agree with you
because personally I do much better
at the blackjack table than on pump on per se.
I believe that prediction markets also have a much better return if you're good at, if you know what you're doing than trading in general.
So, you know, it's worth noting.
Anyways.
Yeah.
Hold me, get ref share.
Listen, there's a bunch of stuff.
The flywheel is going to be flywheeling when time comes.
You know, I'm going to go Mirad mode
like Ovi at some point.
Just not yet.
Just not yet. I can't
wait for that. Just like rage tweet
like Ovi does all day long.
You know what I mean?
Speaking of Ovi,
today's the day, no?
7-Eleven?
It's the 7-Eleven event, yeah.
He flew to LA yesterday?
Dude, this guy's throwing a party on the rooftop of fucking 7-Eleven?
Did you guys hear that?
It's incredible.
And he's got the glitch mob coming?
Yeah.
I don't know what's happened there.
What?
Yeah, him and Tad's been cooking.
Dude.
Tyler, you should go to LA.
Yeah, I'm not going to be able to
on this short notice,
but I do have FOMO for this.
It's in two days.
The party's on June 19th.
It's today.
Yeah, but this party's on June 19th. They're wrecked in 7-Ele this. It's in two days. The party's on June 19th. It's today. No, no, but...
Yeah, but this party's on June 19th.
The wrecked on 7-Eleven event.
It's June 19th.
Oh, I thought we were the 17th.
Oh, yeah, it's June...
Guys, you got to give me...
My brain is still foggy, okay?
I'm still recovering, right?
Why did I think today was June 17th for a second?
Yeah.
Glitch mob on the rooftop of 7-Eleven on Melrose. It's crazy. Why do you think today was June 17th for a second? Yeah.
Glitch mob on the rooftop of 7-11 on Melrose.
It's crazy.
Do you guys think it's going to sell out?
Oh, yeah.
7-11?
Big deal, man.
Any news?
That's cooking.
Anyways.
All right.
This is a giveaway.
I think we covered some good stuff.
Wow. We're short show. We ended up talking
about so much stuff. The market's not too great
right now. I just want to pump already,
man. I'm so tired of this.
Fuck.
Seven figure hell, bro.
It just does the same thing
each day. It's just...
I'm playing Mario Kart, dude.
Like, I'm literally... Do you know how bad
it is, Mando?
I reconnected the Nintendo Switch like we're there
like it's me and Danny like punching each other
over fucking who's better than Mario Kart
oh yeah I forgot that Danny's with you
yeah
anyways alright let's give away some money
what is it? what's the website?
is it Yeeterboards or something?
yeeterboards.com dot? Yeeterboards.com
Yeeterboards.com
is a new website, but that was all pinned on Kik.
So if you were on Kik,
everything's on there.
Kik.com.
If you're listening to the show,
go follow us on Kik.
All the prizes will be given out to people.
And we pinned everything there from the start,
by the way. There's a whole thing. Yep. And we pin everything there from the start, by the way.
Like, there's a whole thing.
Wow, there's 150 live viewers right now.
275 followers.
Let's go.
Let's go.
Did you see the first rec radio yesterday with Cook?
It was a good show.
Oh, I missed it.
I like a million cars this year.
I can catch up, right?
On Kick, I can watch replay.
Yeah, that's good.
You can watch replay. I think all the shows you can watch replay. Yeah, yeah, yeah. I really watch replay Yeah, that's good nice much repair. I think
Yeah, I really like what we've done with kick honestly turn 75 followers. It's only a fourth day guys
like
It's really good. All right, let's see this spin the wheel
All right, who's winning what is crazy wheel
Spacebar69.
Spacebar69.
Congratulations.
You are going to win some motherfucking money today spacebar 69 spacebar 69 you're gonna win
some money today did you guys cover all the drama yesterday
of the lucky oh we had a chat like it was alright. We just spoke about what the
difference is between
There he is. Oh, what up, Spacebar?
What up? Oh, look at you.
He's got the fucking banner with the
7-Eleven, the wrecked drink.
I can hear myself.
Oh, you're watching the stream, aren't you?
Yeah, I'm going to turn it down.
Yeah, yeah, you can turn it down on there.
How are you doing, Spacebar?
Doing well, man.
Getting ready for the 7-Eleven on today.
Are you going?
Yeah, hell yeah.
Oh, so cool.
I met the Caps and OSF last night.
They invited me for a drink.
No way.
I'm super excited, yeah.
That's cool.
Well, you know what?
Why don't we give you a fucking lot of money today so you can blow it all tonight?
Yeah, I'm excited.
I've been doing this for probably two years and I haven't won.
No way.
Well, congratulations.
Okay, Mando, you guys can't be winning today.
Yeet cannot get away with it today.
This guy, you heard it.
He's in LA.
He was with Obi Tabs yesterday night. He's a big fan. He's been
listening for two years, so all three of us.
He never won. He's on stage now.
He's going to win.
Plinko was okay yesterday, right?
Plinko was decent.
I'm talking about, like, I want this guy to make 15
bans.
Okay, what's the game?
Blinko has been our biggest winner so far as a show.
Which has?
Blinko.
Is there another crazy game?
Is there some game where this guy can make like 10 grand?
Please.
Coinbase.
You can make money on all of these games.
But yeah, it's obviously...
Which game?
It's going to be Yeet Original.
Let's ask him what he wants to play.
Okay, what...
That's arguably fair.
That's arguably fair, guys.
Go check out the differences.
Here, pick a game.
Pick a game, Spacebar.
Oh, man.
Mando, do it for me, man.
I feel like Risky
takes a good multiply game.
Oh, shit. I hate that one.
Oh, he hates that one.
Yeah, let's just do Planko.
Fuck it. Okay, fine.
I love Planko.
Sims and Tyler fucking
love that shit. Okay, so what do we do?
That's easy. Should we do 50?
$10 balls on 16. I love that shit. Okay, so what do we do? Should we do 50? $10 balls on 16.
I love that.
Oh, wow.
$10 balls.
So how many balls?
50 balls, right?
50 10s.
I 16.
Let me just write down the number.
Okay, so it's $936 and $90 in the account.
In 90.
936.
Okay, 90. 936. Okay, 90.
936.
You good?
I got the screenshot too.
I'll just send it in the chat.
Just so you have it.
I'd like to be.
Okay.
Okay.
Okay.
Let's fucking go.
Okay.
All right, Spacebar.
Are you ready?
Yep.
All right.
Turbo mode.
Let's send it.
Get it already.
All right.
Let's go.
Let's go. Let's go. Oh, 26x. Let's send it you did already. Let's go. Let's go. Let's go
How much did you make like 200 200 bucks plus a 500
I think 200 and 200 bucks plus a 500
Plus a 500 so he gets 700 there you go congratulations spacebar you made something like 700 bucks
cool perfect
yeah because he had a grand to start with and it ended on a grand so it's 500
what about a grand
yeah yeah so he gets for a grand just over a grand
yeah well he won a grand
yeah because he hit a fucking 26X.
By the way, that 26X was...
I didn't send a 500 from it.
So it's just over a grand that he won.
How much is in the account now?
1,000 something.
Yeah, he took the 500 away from it.
It's 500 plus the 500 bank.
It's a grand.
Well, congratulations.
You make about $1,000.
We'll do the math behind the scenes and send you a space bar.
Congrats. Have fun tonight, man. Thank you, guys. Well, congratulations. You make about $1,000. We'll do the math behind the scenes and send you a space bar. Congrats.
Have fun tonight, man.
Yeah, appreciate it.
Yeah, appreciate all the work you guys do.
It's exciting.
I wake up every day.
I look forward to it.
So thank you, guys.
Hell, yeah.
I love that.
Well, we definitely appreciate you, brother.
Mando, Tyler, thanks for coming on today.
And those holidays all across the place.
And with that, we'll talk tomorrow morning.
10 a.m. Eastern Standard Time
for the episode of FOMO Hour
on Rock Radio.
Let's go. I'm
He actually made like 1200 bucks He made a lot of money today.
