FYI.58 ๐Ÿ”‹ @Wire_Blockchain / @WallStreetBets

Recorded: May 6, 2025 Duration: 1:08:10
Space Recording

Short Summary

At Token 2049 in Dubai, WIRE Network announced its upcoming token launch and strategic partnerships aimed at enhancing blockchain interoperability. The event highlighted emerging trends in unified liquidity solutions, showcasing the industry's shift towards collaboration and innovation.

Full Transcription

Listen to that shitty-ass music.
I invited you, Ben.
There you are.
Did I not send you a dude?
Sorry, it went bad.
It's okay.
I know you're good for it.
Did it this morning as well.
Yeah, well, look at that.
Look at you.
There we are.
Here we go.
You should have access to that.
Right, let's let people know we're doing this.
Wah, wah, wah. How how are you i'm good how are you i just got toasted by some motherfucker dressed up as
captain phasma on fault fortnight and i came third damn ah i tell you this it's like um
I tell you,
this Star Wars series
is like cheat mode, so
all of the weapons are Star Wars
weapons. They're all blasters and stuff,
right? So they're unlimited
ammo. Oh my god, yeah.
So basically, as soon as anyone
gets a gun, they're good to go, and it
is tough. Yeah, that makes it
more tough, for sure.
Yeah, but it's fun and and
also if you can get a saber you're fucking yeah then you then you're in god mode exactly uh right
so let me just do the things um have you have you have you i'm just going to copy the link and see
where you haven't posted it that's probably better so yeah i thought you would boom boom boom boom okay so
let's do eight chain chat paste and we'll put it in a few others uh what day is it today
tuesday great question what year is it um it's it's wild right it's not 2022 no feels like it could be it's weird isn't it a little bit
everything i was listening to i listened to the rogan podcast this morning who was he interviewing
so it was a one from a couple of weeks back where he was listening he was he was dealing with two
dudes that were running like big ai shit and they were really, they were really interesting guys.
but they were,
they talked,
they didn't just talk about what they were there to talk about.
They also talked about,
like general life and culture and stuff and conspiracy,
like they got Rogan.
So he's fun season and stuff like that and it was
just yeah it was interesting though because he they were talking again about like covid and stuff
and it's just wild that that was five years ago it feels like it was fucking yesterday crazy
i was at my office this morning for a little bit that i don't go too much because i i had a dentist
oh really dentist is conveniently located across the street from my office.
So I walked over and met with Meta Mermaid, a.k.a. Karen.
But it's just weird being there.
You know what I mean?
And I think I'm going to start going back again more this summer
just because my house is going to be full of kids
and it's going to be loud as fuck, and I don't really want to deal with that.
Yep, yep, yep.
My wife's like, well, why don't you go back into the kitchen? I'm like, I want to go back in the kitchen desk where it's going to be loud as fuck and I don't want to deal with that. My wife's like, well, why don't you go back
into the kitchen? I'm like, I want to go back
in the kitchen desk where it's even more noisy?
I don't think I'm going to do that.
That sounds crazy.
Yep, yep, yep, yep, yep.
Well, I'm having my whole fucking
kitchen redone this year.
We're going to have to talk about our scheduling
because it's about to get fucking impacted
by loud noises and shit.
Anyway, that's boring.
we are Tuesday
the 6th of May.
We've had May the 4th. I thought it was
well done this year. It felt
like a lot more people went in for the
May the 4th memes and the May the 4th
posts. I agree. It was definitely very Star Wars-y. Maybe it helped that it was a Sunday. I don't know. But yeah, definitely. There was a lot more people went in for the May the 4th memes and the May the 4th post. It was definitely very Star Wars-y.
Maybe it helped that it was a Sunday.
I don't know.
But yeah, definitely.
There was a lot of Star Wars activity in the time.
There was a really cool activation that a team called Brentford,
who are a Premier League EPL football club based just like,
in fact, I think they're in central London.
They're a Londonondon based team
and they did i'll send you the link to it it's a really funny they pre-match they ran like a may
the 4th full like star wars like titles nice and then into they had it they did it really well it's
like a five minute video pre-game it was uh they did it very well. I love that. Yeah. There was a lot. I like the, I like the apes, the lightsabers.
Color in the timeline.
Yours was the first I saw.
So I had to quote tweet it.
And then you use ape closet.
I just went to chat.
That's why mine looked a little different.
I was like, make this ape an ape with a lightsaber.
That's it.
Easy peasy.
Um, it's pretty simple.
Ken, how you doing?
Doug, how you doing? simple ken how you doing doug how you doing jamie how you
doing represent our general counsel is is in the mix here somewhere too oh carlos you get to get
blessed with the homie ah i just i just added him okay we have another is he serving ben because ben doesn't live in america hey why am i carlos carlos does not deserve to be
like branded as a lawyer it's just not fair is that a good thing or a bad thing someone needs
to stand up for him like oh he's not he is he is everything but a lawyer, except for he just happened to have passed the bar. And I can personally attest to his moral character when faced with, when forced, right?
When I forced a difficult, morally questionable decision, he ran it through his filter, right?
And he told you you couldn't do that.
But this man is anything but a lawyer
except for he happens to be one i call him he's he's a guy with a lot of this guy just kept coming
up with more languages as the day went on it was insane when i finally when i finally thought i had
him turn out he knew he knew that language too yeah yeah f myself in spanish for like 10 minutes
assuming that i didn't speak it i didn't
have the heart i did i was fucking ragging on him to his face it's not good that's not america
i was like oh bro like i got you i speak that too my friend i don't i wish i did it's a beautiful
language it's particularly beautiful when people get really animated. I love it. Well, you know the word puto.
I think I'm familiar with that.
I know well.
A one-liner.
He just dropped a one-liner on him.
Yeah, puto.
Did he drop a puto madre on you?
Oh, I dropped multiple ones.
No, the thing is that, like, you know, as โ€“
like, this was, like, the first day like the first day the first full day in dubai where we
were um you know just jumping from different event to event like these are like the outside stuff and
so can you legally say puto madri in dubai um dude you can legally do whatever the you want
um and so and and so like we literally, this was an event where only him
and I were going through it then.
So this was like my first time just one-on-one getting to know him, um, after having, you
know, uh, different occasions, but like in the elevator, like he starts dropping in Portuguese
with a dude after he told me he lives in Portugal and I said, oh, so you speak Portuguese?
He goes, no, not really.
So like, and I don't know how many languages prior to that, like tie in, I don't know which
other ones, like he just busted out with the waitress like whatever
so all of a sudden you know like towards the end of the event i'm sitting there talking to a dude
from spain so i live in mexico i'm a native spanish speaker so i'm talking to him in spanish
and all of a sudden carlos sits down next to us and i'm like finally i say i say to him i continue
speaking in spanish to my Spain friend.
And I say, ah, this is my lawyer.
But I finally, this motherfucker, I'm going to get him back because all day long he's been speaking in fucking languages I don't get.
So this is my moment for payback.
And he sits back and he starts laughing.
And I assume that he's laughing because he understood the fact that I was getting payback without knowing what I said.
the fact that i that that i was getting payback without knowing what i said right then i get
distracted with a different conversation come back to that one two minutes later in full like
native spanish like with not only the puta madre but like with the proper use of like
you know slang like you know not not when you directly like just translate one-to-one but you
natively understand the concepts. I get you.
I get you.
Doug, just do me a favor, pal, and speak to whoever's behind wire
and get them to come up as a speaker.
They need to do it via their mobile
and not their desktop,
because I want them up on stage as a speaker
so that we can, yeah,
so that you get the full partner flavor.
And also, Doom, make Jamie co-host because he's got loads of followers,
and that'll be great for bringing people up.
So, Carlos, nice to meet you, by the way.
Haven't spoken to you yet.
How are you doing?
Ben, great to meet you.
I'm a big fan.
Nice. So honored to be up here on the speaker's podium instead of just a passive listener like
I usually am. Everything Jamie said was absolute lies. I wasn't even in Dubai. He just hallucinated
it. Yeah. And oh man, we had so much fun. It's so hot there. Like you're outside for 10 minutes and like it sucks the life out of you.
Not, not, and not to mention the, uh,
then you have to actually be sociable and talk to people and stuff,
which, which also sucks the life out of you.
So, you know.
No, man, I'm not going to lie.
I don't know if this was lawyerly thing to say,
but it got hot and I was chilling with Doug out on the beach. And I just and i just i was like f this dude i just stripped out of my skivvies
and jumped into the water let's go i got video there may have been a slight twerking incident
just before i don't recall oh boy this guy can't be a lawyer yeah know. He sounds fun and reasonable. I think it's something that Jamie gave me.
I was like, thank you so much, man.
I don't have to say, you don't think I'm a lawyer.
Yeah, so I jumped in the water only to find out that it's like a bathtub full of piss.
It was the same picture.
Yeah, that's not great.
That's really refreshing.
Yeah, that's unfortunate.
That's unfortunate.
Well, well, well.
Let's fire it up um and let's say welcome to people because where are we at now yeah nearly
60 people that's great 60 people is good good place to start so good place to start welcome
to episode 58 of fyi two away from 60 doing dude. Two away. Two away.
We got two lined up this week? We do.
We'll be at 60 by
Thursday this week. Who've we got tomorrow?
We got that one guy.
What's his name? The guy you found.
Oh, yeah. The YouTube video.
Oh, dude. I'm really looking forward to that.
So this guy's called Joe
He's in Oxford. Joe Sats.
He's in Oxford.
Joe Bryan, his name is.
Is that a made-up name?
Because it sounds like a made-up name.
No, no, no, it's a real.
And he's an Oxford University professor,
and he recently published a really cool video called What's the Problem,
which Michael Saylor then reposted,
because it's effectively about what the fuck is going on with the state of the like world economic crisis thing existential
you know nonsense and and what can we all do about it and and he's just a really interesting dude
i'm really looking forward to speaking to him and obviously since saylor posted his thing it went
pretty viral and obviously like he's you know it's good to speak to people from different parts of the whole
kind of world when it comes to uh when it comes to embracing crypto and he's very you know he
comes from a very very different place to the rest of us here so that's quite cool um and and then on thursday we've got the people
from gate io so that's uh that will be an interesting one as well who we got coming from
gate i don't know i think it might be laura again nice yeah she's fun yeah that would be a good one
okay so uh but this is episode 58 and we've got the team from WIRE. Very, very pleased to bring them up. They've just come straight back from Token 2049 in Dubai.
So we're interested to learn a bit more about how that went and what's going on.
Before we get going, a few house rules.
If you want to win $100 worth of Kleiser, which is a token on base,
what do you have to do?
Same as usual.
Hey, before you do that yeah sorry to sorry
to interrupt before you do that uh wire should have re should have requested yeah they were up
and now they're not up and then they dropped and then and then uh jamie as well he had to drop and
and rejoin oh i can i can see see Jamie up as co-host currently.
I don't even see Jamie anymore.
Wow. Yeah, he got rugged.
He couldn't unmute
himself, so he jumped out.
I love it when it all goes silly.
Right, okay.
I don't...
I invited Wire back up to
speak, but if we're going to have...
If we want to take advantage of Jamie's numbers, which I think everyone does, we want Jamie as the co-host and Wire to be a speaker.
Whoa, Wire is everyone muted now?
Did I do that?
No, I did it.
Okay, Jamie's back.
So Jamie's back up, and then Wire I've also invited, so they just need to accept and mute themselves.
Okay, and there we are.
Look at that full house.
That's exactly what it should be.
So now if you want to win $100 worth of Klyza, which is a token on base,
what do you need to do?
You need to make sure that you're following everyone who is up as a speaker.
There are seven accounts currently up as a speaker.
That's Doom, myself, WallStreetBets, W Wire Network, Ken, Doug, and Carlos.
Make sure that you're following all of those accounts.
Then, down to the bottom right-hand corner of your mobile phone, your cell phone as you call it if you're in the States.
Click on that little purple pill and you'll go through.
Hit the like button.
Hit the repost button.
Maybe hit the comment button and say GM.
And then you have entered entered stay in the space for
the duration towards the end we'll pick a winner you will win 100 bucks easy as that
okay that clear all good i got it okay well i'm not saying again until 10 minutes time
so uh before we get going uh as well as having the guys from WIRE up with us as our guests today,
it's also the point of the show where I say that they are our partners.
And we're very, very proud and we're very, very grateful of that.
So the show today is powered by our friends at WIRE Network,
blockchain being developed specifically for the AI agent economy.
You can follow them here.
You can learn all about them today.
You can follow the people that are running the show,
and you can also check them out at wire.network.
Before we get going into our chat with them about everything Dubai,
same as usual, we'll go through the news
and what's been going on in the space.
And as ever, guys, if you want to contribute to anything
that we're saying today, just feel free to chime in.
Okay, so I haven't looked at the charts since midday my time, which is eight and a half hours ago.
So BTC 93.7, ETH 1765.
I mean, ETH isn't up much, but Bitcoin is.
Oh, excellent.
ETH's up a bit.
So Bitcoin 95,
It is 1791.
It's up a bit.
So once again,
once again,
once again.
reading something that the last time BTC risk off metric
fell this low
And then there was a 1500%
increase in the value
run up after that.
I like the sound of that. I do think
that, you know,
did anybody see what Powell had to say?
I know the Fed meeting was this morning.
I haven't seen it.
And the markets didn't tank, so.
Yeah, well, that's good.
Guys, the next move is higher, guys.
Wait, higher rates or higher markets?
Oh, my God. You scared the shit out of me. Higher Bitcoin. Higher. Wait, higher rates or higher markets?
Oh my god, you scared the shit out of me Higher Bitcoin
I was like, gonna demote you
I'm like, no, please no
I agree, Ken, I agree
I hope that's the case too
Do you think, is he gonna lower rates in July?
Did he give an indicator?
I think we'll do a little bit more messing around
here and then i think the second half of this month um we start making that next move let's go
yeah mci and other kind of like macro indicators all suggest btc over 100k soon. So I'm working on that basis.
Okay, things to cover.
So there was a little bit of a dip over the weekend.
We saw that.
Much of that, I think, down to the weird thing with the US legislation passing thing.
People worried about that.
What happened in Arizona?
Something happened.
Didn't they pass a bill that the state could buy Bitcoin? bitcoin yeah but i thought they didn't pass it like they rejected
it i thought they passed yeah yeah i think that okay well anyway and that's that's what some of
the kind of like dipping dippity dip dip has been around okay sns airdrop talk me about this yeah so
og solana name server announced today that they're doing a token, and 40% of the supply is going to be dropped to early and new supporters.
Do you have a .sol?
I have a whole bunch.
I think I have, I don't know, at least, probably around a dozen at least, spread between a couple different wallets but basically they're doing 20 of the
airdrop is going to like ogs who already had an sns domain um another 20 will go in the next round
i guess to people that start going to buy them again and if you don't have yours you should get
it it's super super cheap like i might go check
my like this could be like i mean do you remember when ens did this did you have any
ens i was just about to say do you remember that map run up when people were doing like
three letters three numbers yeah and people were buying them like crazy but then ens dropped the
token and like i remember i had like i had you know i don't know man maybe six or eight
I had a, you know, I don't know, man, maybe six or eight ENS domain names. Right. When,
you know, and I definitely like sold that airdrop near the top, but I think, I think I ended up with
around, I don't know, 18 or 20 K out of it. Oh, wow. Yeah. It was great. It was super lucrative.
So like, I'm like, Oh, this is actually really cool that they're doing this too. And it's like,
all right, maybe we're getting into a little bit of airdrop season here again because um you know the same thing with boop
right um did you have you spent any time on that i haven't looked at all and i'm stupid and i should
have you should see if you qualify for an airdrop is what you should do because if you do it's like kind of crazy depending on like what level
they put you at what's it called boop.fun b-o-o-p.fun but you can sign i was really surprised
that i didn't qualify with any of my my soul wallets because like i've fucking traded a lot
yeah on some of those wallets right and i like did not qualify in any of them
but i qualified through my x account based on kato and reach apparently and and it's it's
i'm not gonna tell you how much it is but it's not a small amount oh well cool it's it's it's
it's a used car if it stays at this price. Dude, that's wild.
So I have 14 days, 19 hours to vest.
The funny thing is in 15 days, I'll be in Vegas.
So the timing is fucking perfect.
I'm going to turn this in.
I'm going to 10X it on black.
But they have an interesting metric of how you vest.
So either way, if you if you qualify you get your tokens
in 30 days but if you do certain things you get them sooner so if you graduate a token you basically
launch token you get it to a 60 000 market cap it knocks 10 days off and then the next unlocks are
all five day and it's like reach 200k market cap reach 500k market cap reach 1.2 mil market cap and
then reach a 5 million market cap and then each of those take it down five days so you know some people like like our friend
function launched one and and i know he hit over 1.25 million with his so he he's got his down he
probably is getting his airdrop like today um i just checked with X the same as you
and I just made a thousand bucks.
There you go.
That's wild.
Thanks, man.
Yeah, dude, no problem.
We gotta look out for each other with this shit
because if airdrops are coming,
everybody needs to know about this stuff.
You know what I mean?
Fuck, dude, I didn't know about this.
And apparently I have to drop a token
to have to start a cult too.
There are 357 spots left.
Yeah, start a token and see if you can run it up a bit.
You get rewards from it.
So it's a little bit like Klaiza, but it's just on Solana.
It's clever.
Yeah, and it's Ding-a-ling.
So Ding's been around, he's got a good rep
and i mean you know the dude owns all the nfts in the world um you know it's helped a lot in the
space so i mean i think it's i think it's a good thing i like the fact that it is but um but yeah
i'm hoping that this price stays around this because if it does that'll be pretty dope um we'll see it's yeah i see how
that goes yeah i like it well thanks for letting me know i've connected and i'm gonna make that
yeah so i'm gonna pin that um sns one up too so people could see that definitely do that um sad
sad news today uh with the founder of Zero Bro.
I don't know how many people have seen this, but like passed away.
I've read a few.
I've read conflicting reports on this.
Like that he didn't do it and it's a LARP.
Oh, if that's the case. And Farouk posted about it.
And then other people were like, no, dude, he didn't do it.
And then somebody, like, linked to the โ€“ somebody, like, first was like, yes, he did, and here's the Legacy.com, you know, obituary.
And then somebody's like, yeah, you can write one of those for $300.
Yeah, I was going to say that.
And then they put a link in to the Legacy account where you just fucking upload a picture of a dude with a, you with here here he is and here's i saw you
know but then somebody said he did it like live on pump fun but then somebody was like no he no no
he didn't actually do that that definitely didn't okay no so there was a there was a thing where
like what's the thing when you're away for 72 hours they call it something that was the dead
switch or whatever yeah like a dead switch and kicked into play and that's
where it's come from but okay well look fuck there you are i'm not gonna i'm not gonna sympathize too
much just yet i mean i hope he didn't i hope he didn't do it yep me too you know um me too and uh
and but at the same time i also hope that he's not laughing yeah hopefully there's just been a
terrible misunderstanding i don't know if you noticed but like the zero bro account went like full racist
like two weeks ago like dropping the hard r and just talking everywhere and like being kind of
crazy and i was just like and then you, immediately my response was like, dude, this isn't AI. This is the fucking dev.
Pretend, like, I've always thought that coin was fake.
I don't care that it ran up to 800 fucking million.
That was cabal to the fullest extent.
That was insider shit, full cabal, full push.
I don't care about it at all, right?
I always thought it was bullshit.
And then I'm just like, okay, now the dev is just trying something new you know like i hope the dude didn't kill himself but it's also
fucked up if he actually didn't kill himself and he's joking or he's just trying to pull one over
to pump his token i'm reading here now crypto slate has been able to verify whether reports
are accurate or part of a darkly elaborate marketing campaign oh i okay right well so
what does it say that they don't know or does it say that
they literally don't know the event was initially confirmed by an obituary published on legacy
page has now been removed okay well fuck this dude yeah we'll see yeah that's not great if
he's done it like that's the end of any credibility any oh well here's ever. Here's a beanie post right here.
I just pinned it.
XeroDev apparently faked Sauce
to escape public pressure
and threats against him.
Rather than just going completely silent.
Well, it's the old,
the dev is dead excuse.
Yeah, that was the funniest, man.
Do you remember that?
Oh, yeah, I remember that.
The dev died.
And then he came
back when the floor price
Yeah, he came back and he released another
collection or token or something.
Satoshi is the genesis.
The dev is dead. Yeah.
Yeah, that's true. Do you think he's dead?
Ken, we've never asked. No.
No, of course not.
I did the math on this one day.
I literally went to chat GPT.
And I said, because basically, you have to assume that Satoshi is a certain age when he created it.
Just based off of natural causes, if he was in his 20 to 30s, or if he was in his 30 to 40s, or even if he was in his 50 to 60s, what's the percentage that Satoshi is still alive?
Like, what's the odds?
Even at the higher end of the range, it's literally 97 or 98%.
And it goes all the way to 99 if he's you know the younger he was when he launched
yeah so it's like everyone's just swallowing this fairy tale like just they're you know they're
swallowing a whole hog that that you know oh he's he's gone and you know it's like no the odds are
so extreme that he just fucked off you know or he just like you know went
back and and and just pulled back because even the last thing he said he
just said like I'm you know I'm on to something yeah yeah he didn't say I'm
sick he didn't say any of this right just said I'm on to something else like
so the odds are that he's you know that he's still or he or they are or she is still kicking around but everyone
just swallowed the story it's crazy yeah i think that was aided by the fact that one of the people
that he sent bitcoin to did die which was that yeah that dude uh was it was it hal finney that
died yeah hal finney yeah yeah but everyone knew he everyone knew he was sick. Yeah, that was known. If it's not Hal, which everybody else
says it's not Hal.
I've seen interviews with his wife
and even she's just like,
it 100% wasn't Hal.
I actually believe her.
She's like, if it was, we have literally no evidence
and we don't have access to any of those wallets.
So it almost doesn't matter if it was him.
There you go. It takes you down the rabbit hole it's like the only if he's alive it'd be cool if his funds started moving wouldn't it imagine if the if the oh that'd be
crazy well yeah like what would happen what would the market response be to the wallet becoming
active oh oh we know we already know probably crashed it would tank right we we know. We already know. It would probably crash. It would tank, right?
We know how emotional people are in this industry.
Yeah. We know what would happen.
Yeah, I think it would probably potentially gigatech.
Because how many...
Yeah, it would...
He accounts for a million Bitcoin, right?
More, I think.
I think 4 million
I might be wrong
let me see
it's at least a million
that's a lot of money
hold on I'm looking it up right now
1 million bitcoins is the estimate
yeah so that's
95 billion dollars in bitcoin Yeah, so that's, you know, that's $95 billion in Bitcoin.
These coins were spread across thousands of addresses, mainly mine in 2009 to 2010.
None have moved at all, except for 10 Bitcoin in the test transaction to Hal Finney in 2009.
In block nine.
There you go.
Interesting. Okay, let's wrap a couple of these things up myriad markets collabing with aimi i don't know if you saw that i liked it what is it i am i uh so it
is the first uh like prompt to or chat message or speak prediction markets into existence so a bit like a bit like kaiser
with tokens like chat them into existence uh this is the same for prediction markets
so it's the first agentic ai prediction market integration i think that's really interesting
the idea of the community being able to create prediction markets
and see if they catch on via an AI integration,
that sounds pretty cool.
I think that's an interesting development from them.
I love that.
Yeah, me too.
And then final bit of news I wanted to cover before we drop.
Okay, I haven't listened to it yet,
but CZ did an hour long interview with,
with Farouk.
And I've got it bookmarked as well.
So I'm probably going to listen to that tomorrow when I walk the dogs,
but I was going to ask if you'd listen to it.
You haven't.
So let's cover it.
Let's cover it tomorrow night.
It's in my queue.
I'm trying to get through the four and a half hour interview with Tim Sweeney,
the Lex Friedman one.
And I cannot believe it's fucking four hours,
25 minutes, 19 seconds.
It's too long for me. It's so long.
I'm like maybe
55 minutes into it.
Yeah. Good luck with that.
Okay, well I'll let you know tomorrow
then. Yeah, let me know. You're going to hear
that one long before I do at this point.
CZ, as he should pronounce it.
Yeah, I'm with you. i'm with you i'm with
you today we are catching up with ken de cross ceo of wire network jamie oh fuck me rod rod
rogersinski uh cso of wire and carlos and carlos and lawyer and carlos the lawyer uh fresh from
their experience at token 2049 Dubai, come here today.
Very, very gracious of you guys, because I bet you're all shattered.
Here to share some insights about, I would say, from a distance, like one of the most talked about or posted about events on the timeline for a while, actually.
Like it felt pretty well attended and it felt like there was a
lot going on um and we'll also you know use the opportunity to talk a bit more about network net
wire oh my god wire networks new branding which uh popped into existence last week during one of
our shows um and just talk about how things have been going i initially thought it was a fake
account that was commenting on me,
thinking it was โ€“ pretending they were wired.
I thought it was a LARPer.
So I've got that a bit later on in the show to talk about it.
So first of all, Jamie, Ken, Doug, Carlos, good to have you on.
I know we've already done this briefly, but give us an update.
And I'm nicking doom's question here because
i'm talking now so sorry dude we didn't reset the room either dude oh yeah i do don't i and
then you can do it okay resetting the room before we get going uh make sure that you're following
everyone up on stage right now make sure you like reposts because you get an opportunity to win
100 bucks worth of klyza if you do so uh Let's jump into it. Doom, you can do the first question.
All right. Let's talk
Dubai vibes. How's the overall atmosphere?
I thought it said how's the overall temperature
when I first read this. How's the overall atmosphere
of Token 2049 Dubai? Any standout
moments or unexpected encounters
for any of you?
It was good.
Can you guys hear me?
Yeah. I can hear you perfectly i can't hear jane or
the rest if they are speaking got it yeah it was uh it was great uh very well attended
um obviously it's dubai so everything is done at a at a higher level at a at a higher price point
um but yeah it was uh you know a lot of people attended you know there was
every all the way up to like eric trump was speaking at the main conference um you know
heavy influencers like you know mario nuffall um brock pierce you know, people from, from Binance and, and, you know, all the, all the top
companies in the space were all doing panels and, and having side events. And it was,
it was a great vibe. Like everyone is feeling good. And yeah. And I think everyone was,
everyone just knows what's coming. And that's what, that's what i think is great like the the tech
the the infrastructure it's finally there like there's actually movement into what you know
these bigger orgs can now add in and increase their their functionality and and do things
more efficiently and i just i think everyone has a great understanding of that and excited about the future
love that uh Jamie Doug Carlos how about you guys what how what was your your overall kind
of takeaway from uh 2049 I wonder if those guys are rugging. All right.
Carlos is there?
Thanks, Carlos.
And Jamie, I would defer to those guys,
but if they're rugging or tied up, yeah, I mean,
to echo what Ken said, it was just fantastic.
I mean, the thing about Dubai is it brings so โ€“ everyone brings their A game.
You know what I mean?
We're just all going at it 12, 14 hours a day.
Everyone's exhausted, jet lagged, whatever.
It doesn't matter.
Nobody cares because the environment is so exciting. And yeah, it was my first time there. So I guess from my
perspective, you know, the fact that you can speak at such a high level and you don't, you know,
the number of people you run to that are kind of wasting your time is, is, is pretty low. It was just very much, you know, top of the game.
And, and, and everyone, you know, usually like with our project,
it takes so long to explain you know,
how we solved interoperability and why it works and why it's so important.
A lot of people don't get it or don't believe you.
But there it was just like immediately everyone was like, Oh my God, yes.
You know, how can we work with you uh can you integrate with our thing and it was it was just fantastic um jamie
the standout moment from one of the standout moments for me was uh jamie was uh uh a judge
for uh one of the panels uh together with michael turpin and and brock pierce And that was just excellent.
Jamie, are you able to speak?
Jamie, he's messaged me that,
can you please approve OX Rogozinski as a speaker?
I just removed Wall Street Bets.
If he could sign back into that one too, I don't see.
There we go.
That's good. So he's dropped down now. so when he comes back up, he can speak.
Doug, how are you?
And I don't see OX Resident...
I can't say his last name.
I don't see him in the requests or up here at all.
I think Doug is rugging as well.
So, Jamie, just come back up on your Wall Street bets.
Yeah, Doug.
It looks like he's...
And then we'll just move forward.
I'll remove Doug, and then Doug can maybe dip and then come back.
I love it when X goes wrong.
It's my favorite.
What the hell?
What kind of trends, just while we're waiting for the guys to come up ken what what
what before we get into kind of like what you were able to talk about and some of the great
connections you were able to make what else were you observing out there that kind of like
piqued your interest what was uh what were the themes that you kind of noticed were really kind
of prominent well i'm gonna talk my own book here but it is actually an accurate you know thread of what
was happening so i was at dna which is a fun they do they put on really great events on all
at all the conferences they're the ones that um you know were the co the co-sponsor with like
mario nuffall and others so big big of people, hundreds and hundreds of people came through for a two day event and why, why I was a part of that. And so I got to
sit down and, uh, you know, I just listened for, I got to speak, you know, I got a, I got a short
slot where I got to present wire, but for the most part, I just sat down and was listening to
all the great panelists. Like again, from, to Mario to Binance to Trustwall, you
name it across the board.
And the underlying thread was it didn't matter if you're a centralized exchange, if you're
decentralized, if you're a social media platform, if you're real worth assets, every single
group identified one thing, which is everything needs to be unified.
Liquidity is fragmented.
And it's a problem no matter if you're centralized or decentralized.
And I'm just sitting there with a smile ear to ear on my face like, this is what we solved.
And so it doesn't even need marketing.
We just have to launch the product and the industry bends immediately. Because it is like, it's the one thing holding
us back. Like we need, you know, we can't have fragmentation in this space. Like you can't,
and Jamie talks about it in a, in a great way. So, so I'll take everyone back so they can understand because everyone loves meme coins
and this is why it matters.
So, you know, somebody launches a meme coin on base.
Maybe it's like virtuals or whatever it is, right?
Virtual isn't a meme coin, but it was like, it was something that was launched on base.
Everybody piles in.
They come from Solana. come from ethereum mainnet like everyone's rushing to bridge over
their their coins so they could buy virtuals and then trump launches uh you know his coin on solana
and everyone from base and and ethereum and everything they they bridge and they rush over
and they flood over into solana so that they can buy the trump token right and then cz launches a
dog coin on on bnb and guess what happens everyone is out of they come out of base they come out of
solana they come out of ethereum they rush into
into finance chain yeah yeah and so what happens is liquidity is just sloshing around like it's
a tsunami right like it's a hurricane and it's like if you just had universal liquidity and it's
not just taking away like it's like you're in Trump coin and then CZ launches a dog coin.
Money is just not coming out of Trump.
It is coming out of the entire Solana ecosystem.
And we sold that.
It's draining everything.
So it's just crushing every token.
And so how do you solve that?
Is you have liquidity that doesn't need to be moved from Solana into another network.
You have universal liquidity where, yeah, maybe liquidity comes out of Trump or whatever,
but it doesn't hurt the entire Solana ecosystem.
It just gets shifted over in a seamless way so that you could buy CZ doll coin.
And once you do that, you stabilize the entire market. And so there's just not this, again, sloshing back and forth.
And it's a net benefit for the entire blockchain ecosystem to have that problem solved.
And even from a centralized exchange standpoint, like money, because when
Trump or somebody launches a token, it's not listed right away on a centralized exchange.
So you have mass withdrawals coming from centralized exchanges so that they can get into
what, you know, Solana in this example, and those exchanges don't even have the liquidity to allow everyone to withdraw. So it's like bottlenecks galore. And that's what wire and our UTL and our interoperability takes care of.
We solve that problem that everybody in the entire industry is just waiting,
desperately waiting for someone to come in and provide. And so it's here,
we're launching this thing, and it's literally going to change the industry. And I'm
really excited for it. Hugely needed, hugely needed. While you were there,
did you connect with any interesting projects or individuals that could possibly do some future collapse? Yeah, for sure. I had a really great conversation
with the founders of SushiSwap.
So this is what's great about us.
It's like, you don't have to just build on wire.
Like we're not a walled garden.
We understood, you know, Kyle, my co-founder and I,
it's like the industry has a decade
of smart contract functionality preceding us.
Like Ethereum launched in 2014, right?
So we have to not say, oh, you either have to build on us or you don't get to have this great functionality.
It's like, no, we made it reverse compatible.
So if you are Uniswap, if you are Sushi, if you are like any DeFi protocol or a DEX, you just enable WIRS infrastructure into your system and you get that functionality.
And so that's what, that's what I'm, those are the conversations I'm having. apps it's with like stable coins like you know i had had conversations with the vp or with the um
the head of product at at um usdc you know at circle like we're letting the big the big people
know it because it's about education like they need to understand what a what a new world looks
like with you know unfragmentedmented networks that when we're able to
unify, like it changes the functionality and everyone's going to have to adapt in a very good
way. And so everyone's, you know, once they get understand it, they get very excited about the
possibilities because it's not just about providing a better user experience
as for the companies that have already gained critical mass it actually increases revenue
streams for them as well and so that's that's kind of how we're we're getting the inroads
are you seeing loads of people still talking about it so like when you're
as in like presenting it as a question as opposed to knowing
that you guys have the solution so like if you're watching like panel discussions talks demos if
you're going to particular events that have got like themes running through them are you are you
walking into the room and like everyone is saying this is one of our biggest issues knowing that
you've already solved it uh yeah we're i'm hearing our name more and more in presentations as people are talking about,
you know, their product because, you know, getting the word out there. And it's also
allowing businesses like some businesses need universal liquidity to have a, you know,
reputable revenue stream or product market fit.
So that's where we're seeing our name just already integrated
because that validates their business model, like at its core.
So, you know, we're definitely seeing why they're not questioning it anymore.
I think it is unquestionable at this point because we can prove like the,
the text there, like you know, there is no,
it's not a white paper. Like people can come in and validate.
So it's, it's exciting to, to see the, the adoption,
like the mental adoption that, know that uh you know wire is is being built
into you know applications and products even before we launch because it just is required to
be there i love that and and just before doing before you jump up and we start talking about
like a bit more about what was going on from a brand perspective
and also like it just in the region i just wanted to cover like i i'm not sure if we're going to get
jamie back up if he comes up we'll we'll bring him up straight away but have you made any progress
in terms of like you talk about we just need to get it launched we just need to get it off the
ground like any uh updates in terms of where you are with that what's the outlook looking
like in terms of like getting things off the ground and moving now um just curious uh to know
if if being away like that and seeing so many potential partners etc is expedited or or you
know like lent itself to your thinking in terms of when when this gets moving yeah so i mean the the development's on rails like you know we are we're gonna launch this uh
you know september october will be the full network launch and between now and then, there'll be a full 90-day plus, you know, rolling launch, which will allow the general user all the way to L1 and L2 foundations that we're talking to.
Because they've already verbally, a lot of them, I won't name names, have verbally committed to, you know, coming in and help with the launch strategy because it benefits them.
So it's going to allow everyone to, which is what we intended,
it's going to allow everyone to come in and participate in one of the biggest technological breakthroughs in blockchain and we're trying to do it in the most fair and
equitable you know launch possible so that everyone you know can can have a hand in it and
benefit so that'll be rolling out here I would say probably 30 days from now uh in between now and then you'll start seeing marketing campaigns
and um but yeah starting in in june will be you know the kickoff of that of that launch strategy
into into the actual full launch of the network in september and october super excited to see
that roll out that's uh that's amazing uh doom sorry i jumped in ahead of me
it was on my mind as well um let's get back to dubai for a minute how does the crypto scene
in dubai compared with the many other regions that you've visited over time
i think everyone might be wrong so yeah it seems Yeah, sure. I think it's just us, man. We're just having a two-on-one right now.
I'm still here.
Hey, Doug.
Oh, hey, Carlos.
All I can go.
Yeah, it's much more diverse because it's just like a central hub to allow Europe, europe asia um and other you know continents to to come in
and then obviously you know we we know a lot of people that they do the circuit uh on the u.s side
of either consensus and permissionless or others so it's a highly mixed group and i see the same
thing it's actually all token 2049s are that way, like the one in Singapore that's usually in the fall is the same way.
And yeah, so this was just a lot more culturally diverse, whether it be from India, from Russia, to, you know, the Asian countries, like everyone was
well represented. And that allows for like, you know, really robust sharing of ideas. So it was,
it was very enjoyable. I love that. And I really recognize it. I was there a few months ago and
had a great time. And, and yeah, I absolutely picked that up too.
And it was really clear to see.
And also in terms of like chain representation too,
I saw like huge things coming out of the SWE.
Like they had the base camp that was running at the same time.
It looked like a lot of the chains, et cetera, were really well represented in terms of trying to reach out to their partners and the people that were building on there.
So it's just great to see, really, really good to see.
So let's talk about the rebrand then, because we were hosting last week and suddenly Yer Network pops up.
We've got this new logo and uh and new new uh
new banner in the background when where did this all come from and uh and what what's uh what's
been the inspiration behind it all well i don't want to spoil uh future announcements. You can, so we don't mind. Well, it's not that you don't get
the scoop. It's just I want to parse out the information. Got it. But we hired, our team has
expanded immensely. Like, you know, bringing on Jamie was a, you know, a key personnel hire for obvious reasons.
And we brought on a new CMO, which this will probably...
I want to do a full hard launch of that on this space as well.
Maybe that's our next week.
All right.
Yeah, that would be great.
But as you can see, as you've noticed, in the background, we're already making moves and polishing the brand.
And if you've seen our socials, we've really kicked it up a notch.
And there's a new voice and a new vibe to what we're doing.
And I'm not, I mean, Jamie was just someone that no one else, like you can't hire Jamie.
Jamie has to either want to be with you or not.
It's not about a money thing with him.
And so having two back-to-back hires like that, which again, you'll, you'll, you know,
you'll get the scoop.
We'll do it for next week.
It's just incredible that the talent that we have on our team now,
and I'm really excited. I think there's nothing,
there's no position that's unfilled now for our launch.
That's awesome. I love that.
We just have a, yeah, there's just a nuclear like warhead, you know,
fired up behind us and I'm really excited.
The team dynamic is really extraordinary. I mean, honestly, it felt like, like family, obviously to echo, you know fired up behind us and i'm really excited dynamic is really extraordinary i mean honestly it
felt like like family obviously to echo you know what ken's saying like jamie is you know obviously
when you have that kind of influence uh really money is not a really thing you have to worry
about so which begs the question what motivates him you know and we're having a conversation over
breakfast i wish he was he could get on to tell the story himself but i'll have to put words in
his mouth sorry jamie i hope i get this right but you know he
was like what motivates you that wire and and i think doug asked the question and and basically
the answer was like look man i'm a community builder you know so i just want to put everyone
together and reduce the friction and make it so that everybody can win because right now it's like
two-fold the risk right you pick a project and you hope that
project works uh but then you also have the double risk because you hope that project is on a chain
that wins because if you have a great project on a crappy chain and i'm not going to name names but
i definitely have had clients over the years we don't mind that were us i think splinterlands
would be doing a lot better if it wasn't you know way off on hive can't disagree yeah yeah yeah very
very fair yeah and and yeah fantasy top as well on blast yeah that's another well what was the last
time the blast folks tweeted like a month and a half ago yeah fourth of march yeah pac-man what
do you expect yeah sorry anyway carlos carry on sorry yeah no so no absolutely please please don't
don't don't put me on my i hate blast soapbox because i'll take up the next hour
about the bullshittery from pac-man yeah you know so it's really and again jamie's he's giving me
praises for integrity but i mean he's the one that deserves it the most because he can't be bought
all right there's no price at which you can get him to do or say anything that's not for real
it's not from from his heart you know yeah he doesn't get involved in anything he doesn't
believe in.
So to see him singing wires praises for that reason, because as a community builder, he wants everybody working together rather than this tribalism where you're just fighting for, oh, my chain's the shit.
No, your chain's the shit.
Oh, your chain sucks.
Mine's better, right?
That's just a waste of time and everybody loses, right? We're revolutionizing the game at the deepest level you know from trad
final web 3 or and whatever's next right and we can't afford to have all this infighting you know
and to have this territorialism in this tribal uh battle so just bringing everyone together like that
really refreshed uh my conviction in the you know profound mission uh that that wire has and how
it's gonna absolutely revolutionize um the game yeah and and yeah and and the team is you know, profound mission that Wire has and how it's going to absolutely revolutionize the game.
And, yeah, and the team is, you know,
again, also to echo Ken's sentiment on the team,
you know, I've seen great companies
where the folks can't get along
and the thing suffers as a result
just because of the egos on the team.
As you start to get traction and success,
you know, people's egos get the better of them.
And I just can't imagine a more humble,
you know, down to earth, funny, relatable,
you know, Jamie being such a big name,
just to keep picking on him for another minute,
you know, and he's so chill
and so easy to get along with
and so fun to work with despite his fame and fortune.
You know, I think we're,
and I could say wonderful things like that
about everyone on the team.
And I just think that not only do we have the tech and we have the talent, but we have heart, too.
You know, and I just can't I've never can't never been a project.
I've never been part of a project that makes me as proud as being with Wire.
So I just wanted to share that because you guys gave me a mic.
So thank you. Love that. All right.
So I want to I want to say something also
that that carlos kind of like hinting at which is the conviction that jamie has not only
around the business case and and detribalizing web3 but also it's a conversation that is ongoing for me on the AI side.
And that's if the financial structures are, and this is Jamie, I mean, Jamie's like cringing
right now, if you can hear me, because I'm going to totally butcher this.
But if the power structures, or rather the financial structures that which hold the power across the globe are centralized
that removes the power from human beings from people and so a big part of Jamie's you know
mission on a deeper level is to decentralize the financial systems and give access to of wealth to
to anybody so everybody has opportunities towards that.
And then I want to just note one other thing that I did notice at the conference and just
as a partnerships guy in WIRE is that one of the things that has been a paramount mission of wire is that is is the is untribalizing web 3 which freaks out
a lot of people like changes this big a lot of people a lot of users but a lot of these chains
it's like they're quaking in their boots and we're at a point where it's just so the the the the you know fragmentation
of the space is is so at a tipping point that people are starting to be forced to listen to us
and so i'm i'm fine i'm really starting to see ken's had this vision since the day i met him
and i'm really starting to see see it at its tipping point so it's super fucking exciting
man love it you guys are making me very bullish it's great we're apparently going to get the wire
network online before we get gta 6 yeah oh fuck me did did you see that trailer today trailer was
absolutely incredible oh my, my God.
That got me all forgiven.
I'll wait a year and a month.
But, yeah, that was...
In fact, I'm going to pin it.
I'm going to find it.
My theory is that they're taking the time because they're going to work in crypto and NFTs.
Yeah. Yeah.
Somebody Bandit commented
on my post this morning.
It was something about
instead of a bank heist, you're actually heisting
people's actual NFTs.
That'd be actually really dope.
Back to wire.
I don't know if you need to ask.
Guess what transaction layer they're going to use
Well, I have an idea
So no, I'm the hooker with the cash
They're going to beat up and steal all my NFTs
Don't get beat up
You got to be packing
You got to be packing
So should we assume
What can we expect next from Wire
In terms of upcoming initiatives?
I mean, obviously, you guys are rolling into the next phases.
So give us a little bit more detail on what's coming up.
So the next part is, you know, the functionality is built, right?
So the next thing is liquefying our universal transaction layer, which is there's
liquidity on all these chains right now. It's all fragmented and we need to educate and get that
liquidity up into our UTL. So, you know, the easiest way to explain it is there's an ETH-USDC
pair on every type of chain. So it's on, there's an ETH-US pair on every type of chain.
So there's an ETH USDC pair on Ethereum mainnet,
on Solana, on Polygon, on every single chain.
And it's like people are doing that for a reason
because they want the yield.
And so if you have your ETH USDC on ETH mainnet, but a million dollars is transacting ETH USDC on Solana, like you're notES launch so that it's just up in a unified liquidity pool.
So where it doesn't matter where the money is coming from, you're getting pin action
and you're getting yield and benefit from that.
So that's the next part.
That's the next part. Because it's like, wire is not just an L1. It's an L1 with a routing protocol
Because it's like, WIRES is not just an L1.
and a standardization protocol. And you smash all those together. And that's what gives you
identity, access to all chains, and then your transaction layer. And so the only component
that's missing is adding liquidity into that layer.
And so once you do that, that is a full financial system.
And so that's what our 90 day launch is about.
It's allowing everyone to come in and get their money ready and participate in, you
know, the yield and farming opportunities of what um of what the the utl is going
to be when everyone comes in and starts doing their transactions love this ken what's that
been like pulling that together because like you know when you sat down with a vision like
you can't have been thinking about the pairs and the what it would that that liquidity moment like what's the learning curve
been like recently in terms of thinking about how this goes from being a built the rails built to
launch because that last like let's be real we're talking about the last like two percent here of
the work that you're having to put in and And yet it feels like the most critical 2%
or the most difficult to implement.
So what's that last push feeling like?
And what's the learning curve been like recently?
Yeah, there are no discoveries or discoverables.
Everything is on rails right now.
It's just our team is not a million dev strong we you know i think we're
about 30 people at this point and so we're just methodically you know getting through the end of
it like you know you have to go get audits you have to you know just polish the system make it
test it making making sure everything works and that's where we're at. We're just testing everything, getting audits, watching things here and there, and gearing up for the launch.
But as far as the education, the liquidity is the easiest part because these people are already
providing liquidity. They're just doing it in a fragmented environment. So it's just opening up
their eyes to like, hey, there's this new tech, here's what it does
and here's what it means for you
as far as generating more yield.
And there's very little pushback.
There's like, okay, this is obviously great for the industry,
great for their own bags.
And so they are just literally waiting
for our smart contracts to open up so that they can start putting, you know, their funds into it.
Amazing. Ken, thank you so much for stepping in while we were Jamie-less.
We did intend to spread those questions out a little bit, but you have you've handled them all very well.
And I'm very grateful for you not being phased by the fact that we've just
given you an hour long AMA.
any final,
any final thoughts before you come back?
we're going to bring you back next week.
It'd be great to bring back your new CMO too.
That would be amazing.
and understand who they are and what they bring.
any, any, any final thoughts for this session? Just let everybody know. that would be amazing and um and understand who they are and what they bring um but yeah any any
final thoughts for this session uh just let everybody know um just like dna uh did a event
in in dubai uh we are actually a bigger co-sponsor for consensus in toronto um may 14th through the 16th with them oh nice and so we will be doing a full two day
day one will be um a full defy day with panels and presentations and you name it
and day two will be a full da decentralized ai day or dai day like we do like we've done at denver
and permissionless and salt lake city and others So we are putting that on again and encourage everyone to come learn, talk with
everybody. Uh, it's, we hear all the time, just how, how fantastic of an event we put on. Like
our team is excellent at it. And I anticipate the same here for toronto so um get ready and we'll bring
on our cmo next week we'll get jamie all all set up for you guys and we'll do brilliant we'll do a
hard launch of of our personnel that we've brought on to wire lately if you need anyone from a content
perspective in toronto i've got i know an amazing like host, MC content creator, very good in front of
camera and stuff like that. So I'll
connect you, Ken, in the background just
in case you need this. Send him over my way,
okay? Yeah, okay, no problem, Doug.
Yeah, absolutely. Thank you.
Okay, well look, guys, thank you
so much. Appreciate it. Doom, anything you want to cover
apart from giving out $100 on Klyza?
No, I think that's
it. We'll be back tomorrow at 11 a.m
um yes and then we'll be back on thursday again yeah okay let's go um thanks guys so much right
uh doom give me a number between one and i don't know 30 six okay low one two three four five six give me a number between one and four two
one and two there we go and we have uh we've totally given money to this person before but
well they're here again and they win it things forget it doc dr moon hatton um
that's a fuck it's a banger.
Oh, no, we haven't.
Nah, he's never won.
He's been a guest.
He's from Navigate.
Yeah, that's right.
Solid, dude.
Yeah, Dr. Moon Hatton, you've won.
So congrats.
Drop me your EVM wallet,
and we'll send you $100 worth of Kleiser on base.
Easiest $100 you've made all day, Dr. Manhattan.
It's easy as that.
Okay, well, look, have a good night, everyone.
I'm going to go chill, and I'll be back tomorrow this time.
See you all tomorrow.
Thanks, everybody.
Take it easy, everyone.
Thanks, guys.
Bye, everyone.
Bye. Thanks, guys. See you. Bye, everyone. Bye-bye. Cheers.