GM NFTFY: Crypto News and Future

Recorded: Nov. 15, 2022 Duration: 0:32:58

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Good morning guys.
GMGM my friends, how are you guys doing this beautiful Thursday? Yeah, excited about going to your beautiful city tomorrow. Yeah.
I don't know what we are going to do but I'm really glad that we are all getting together this later this week. We will do work together these days we are going to be there.
Yeah, definitely. I was talking to Victor last night about the address that you were in the United States. He's not that far from what I live. So, yeah. Yeah. You, near Dunning, near Savasi, near every
I think they are poor at all. Yeah, yeah, yeah. Hey, miss GM GM, I'm friendly to one of the tall please. These faces is all yours. But I just want to start saying good morning to you all.
It's holiday here. We shouldn't be working but yeah, you know, WebPri, right? So WebPri doesn't stop and here here as usual One more day trying to bring some news
trying to talk a little bit and of course trying to do two common things down right we are we are passing some tough times and not gonna lie that I am like
very worried but at the same time it's really I'm getting like a really a sense of that I should buy a lot of things into crypto because I don't know like I'm so so bullish in long term. I'll
a lot of things happening. I don't know if you guys, I'm just going to start some topics that I got here. I don't know if you guys saw that Polygon with the partnership with Nike, the company yesterday that Nike's going to build something like digital metaverse and
something related to that regarding some snickers etc. And then the polygon team the rest man I couldn't stress this enough that it's basically working 24 is like seven important ships
I don't know if I can find it right now, but I had some list that was saying all the polygons or part-marchships that Polygon did. I'm trying to find it out. But have you guys seen this or not yet?
Yes, so about it yesterday, I think it's big news, man. Like is huge. They have a huge base of only community and people who likes them. So I think it's good at all for the ecosystem and their masterminds behind
marketing and and getting people behind the idea. So it's get me bullish as well. I read about some magic as well after the news. So I'm just like you, Jean. I'm yeah, yeah. So, so I just follow
I'm just going to read it of love like some brand's beauty and on polygon my key Adidas star blocks reddit meta robbing hood that's a kind of sex centralized that's changed eBay Disney Leastra Adol and I know that there is a lot
So I'm really, really hyped for what Polygon is achieving. And we also did some kind of partnership with Polygon. We have a three-resplay space is planted. I don't know which date it's going to be that we display spaces.
But we also have some kind of partnership that we are going to announce later this month, I think. Yeah. So yeah, I'm really, really bullish on that. I don't know if you guys are also following along, but the business development team are following
It's really working hard, man, working very hard. At the same time, I'm just going to point out some other topics here that we started talking yesterday regarding all the crazy stuff that happened in crypto market this last week and this week.
regarding FDX, BIDEN, centralized exchanges, a lot of flood regarding other exchanges. But have you guys seen that the outflow of Bitcoin Ethereum from centralized exchanges are basically like moaning, it's so bad.
I said the last videos out and high from 2018 I think but man like people are getting their money out of central analytics exchanges. It's really really important that we do that and I don't know like have a guy think that this all this crazy thing
that happened in crypto markets last week, made a lot of people like realize that they need to take their money out of centralized exchanges. What do you guys think about it? Yeah, I completely agree. I think was two days ago, a friend of mine received an email from BlockFi.
trying to explain to him the difficulty he was having, I tried to draw money and what they were suffering with this FTX situation. So it gets me worried man because he was a guy who was into crypto a lot but
But only by speculation, not like yours. We kind of care about this ecosystem, it's not all about the money, it's about what you can do in here. The lives you can change, the technology can change, the new way of life.
I think he's a kind of learning lesson for me as well. I don't know if you will get involved with Lakers, but...
I think it's gonna happen, everything, like I said, I think yesterday was a nice basis with Nipch5. I told them that people who are there, that this thing has to happen. Sometime or the other.
We can't just keep getting out of this kind of stuff because it's not our main motive, it's not our what keep us going. So we got to learn some time and people who are in this ecosystem just for speculation.
Sometimes they break their faces, you know. They don't understand what they're doing and that's the main point for me. We trust what we are building. We trust the power of your art. We are building.
I think that's a different approach.
Nonetheless, it's how connected, but still, I think it's time to mature, I think it's time to get in the right track again. And FTX, I'm glad it happened. Not glad that it happened, but sooner or later, you get out of the...
Yeah, definitely, definitely. Yeah, yeah. In the end, I agree with you. We are discovering some shady things on FTX. So I don't know. Hey, hey, do you want to? Yeah. Hello guys. Yes. I was just in a very noisy place. So I wasn't able to.
come up and start talking with you yet. But I just, I just enter into my, my car so I'm free to talk now. So far for the delay, how are you guys doing? How about you, buddy? Doing that. I just bought some fresh fish that I
I would cook for our lounge and it's almost always dry. Why is it smoking? Chilapin? Yeah, the one and greatest. Big wide fish.
Well, about what you guys were talking, I think that we cannot miss that point that men. The second biggest centralizer that's changing in the freaking world just got vanished.
And how much did the price drop it? You know what I mean? We are not going anywhere, anywhere further. This is the worst that it can get, you know what I mean? We will never see like, iterable below 1K.
It was just for the ones that I have bought. We will not have this opportunity anymore. What else can happen to make besides the biggest exchange in the world being vainly shed in five days?
So we are doing just fine. Nothing can stop us. It's only way up. Yeah, I agree with you because I was waiting for it to drop below a thousand. I was waiting to be to drop below a few
15,000 and like it never came man. So I'm kind of like trying to hold on, like hold myself from buy more, but it's getting tougher day by day. So I just find out some news that Apple Pay users can also
pay in USDC via a circle API integration. And that's some topic that I'm not specifically that but that's some kind of topic that I want to bring here like thinking about what Hermes said and thinking like that like we are
We already talked about Nike doing some partnerships with Polygon. The thing that really is talking about, it's just talking my mind is that we are seeing a lot of partnerships, a lot of integrations, a lot of web2 or even web1 companies trying to build in web3, trying to do some kind of integration.
And that makes me think, how can we think about crypto dying? How can we talk about we are all going to die? Cryptoers are going to zero and Ft are going to zero. If all this needs to be
huge companies with all these huge like Disney, metal, Apple and like a lot of other ones are trying to get to crypto, to get to NFTs, blockchain, metalers. So, I think I'm that a lot of bad things happening like a lot of companies
companies are trying to get here. So how can we talk about all these things? If huge companies with huge money, with huge amount of money, are already here trying to get more inside the ecosystem and like, man,
We couldn't be in a better time for a bear market because if all these things are happening in a bear market, imagine when we come back to a boom market. I don't know if you guys. I never had this fear at all. I never had the fear of crypto being in vain. I never had this
the fear of NFTs or crypto dropping to zero. I mean, I have had this fear, but it's been a long time since I don't think that this is possible, is even possible. And it's not because of any like tricky reason. It's just for
a very simple and very, how the big truths that I can find in life is just simple as that. This is the coolest thing that we have right now. This is cool as fuck, you know.
the NFTs and the blockchain technology, we need somewhere else to go. As humans, we are like travelers. We are astronauts, just as the Nifty-Fight guy. This is what we are. We weren't born to be like
just a regular animal and only, you know, we are going beyond and there's not a way out than crypt of that's where we are going this is like a mafable this is how I feel you know
Yeah, yeah, I like this concept that you bring to us and I really really feel like crypto it's I know this phrase it's not well seen from a lot of markets but it's too big to fail like not
It's only financial way, but the technology, all these things that we are building, all the things that we are creating. And we are here today to change things that aren't right in the web too way.
So yeah, that's really cool. Moving on here, I have some other news. I don't know if you guys saw it yesterday, but you go labs just acquires people's we knew and 10k we have NFT project. So now
People is going to be an advisor for you galabs. I don't know if you guys follow along, but people it's a I think it's the biggest NFT art solo NFT artist that we have today He already sold some some of his of his past
some of his cultures to more than like 10 million dollars. So like here you're not money, the guy was already an artist before Cripto and he started his NFT journey
I think some years ago, but basically he's huge and he now is an advisor for ULABS. So I don't know what you guys think about it, because I think that was a great move from Yuga or not.
Hair mist will come, you want step up?
Well, of course, I saw the news, but I didn't get to read a lot about it because Yuga is kind of out of my reach, you know. The main point I'm interested about is because I think they work like
temperature for the market, no, since they're the biggest. So I just looked at the collection like it. I don't
I kinda wanna get in, but I don't know if that's smart for my point of view. So I don't follow you that much. But still, great news, always looking forward for this type of partnerships, especially among artists, I think they're the main point of this.
But at least a niche of the NFT world. They're so important. I follow a lot of them. I love the inputs about the world. So that's my take about it.
Yeah, yeah, so I really don't think that was a great move from yoga because people which it's already like a huge thing on NFTs and off NFTs So I don't know I really I'm really seeing like
You got trying to build an empire not only on NFTs but on content creation, on emification and other things. And I think people could really help them achieve this next level on NFTs. So yeah, that's
that's some huge news like we are on a better market but you guys are still working on improving themselves and creating an even more bigger brand. I'm just going to talk some other news here that I found yesterday. I don't know if we've already talked
about it. But have you guys seen that there is a lot of, I'm not going to say news, but I'm going to say a lot of speculation that I'll admit the research and FTX were basically from running token listing on FTX. So they were basically buying a lot of tokens.
The tokens before they were listed on FTX centralized exchanges. And I think that was, that is a felony, but I'm not certain about that because we're talking about crypto. But basically they are earning money on the back of their customers.
on the back of the people that trust them. So, man, the whole, the Alameda and FKX hole keeps getting deeper and deeper and deeper. I don't know how we are going to end that. And the thing is, I don't know if you guys saw yesterday
that same that there is some speculation that Sam was tweeting some dumb stuff at the same time that that he was deleting yeah deleting some some tweets man that that she is crazy man I cannot stress this enough like SPF and I don't know man
I just want to say that that motherfucker that can't believe the guy has the guts to keep lying to us and playing us right at not my face because I don't use fdx but since I'm a part of the ecosystem I think right to our faces man it's outrageous
Yeah, yeah, I completely agree with you, man. They got by three months ago like two months ago three weeks ago The guy was telling us that he was planning to donate all his fortune that he was basically an outwee that he doesn't want to earn money. He just wants to do the next
system that all the companies were liquid. And I know, man, things are not looking good, man. You want to step ahead? Yeah, do you know what I think that is the most look at the world of this? Is that
anyone like needing notes it.
the owner and this is like the second biggest exchange in the world. Why people didn't solve that coming? Or did it day? People didn't knew it.
like the people that matters, the ones that are pointing like now the crimes and all that have happened. Why anyone didn't see anything before? It seems very awkward with this money for the
Biden campaign and all this stuff, you know, the political aspect of it also. It's like I miss, I miss, oh man, it's hard to say that because of all the context of it, but I miss house of cards because it's exactly
how this shit happens, I mean besides a president like killing a person with very hands, what could happen here in Brazil but probably not there yet because Biden also don't have very weak hands but it
I find it very disturbing that all this shit is being tossed in us at once. For me it seems impossible that all this
Not everything, of course, but the main of what was happening is in the chain, right? You can shack it, so I don't know, man. It's very tricky, very awkward. Please go ahead and do your work.
Yeah, I'd like to add to the sentence. I think he brought it by the point that it's another good lesson for us to learn. We always in everything we do. I see you doing it too. We always say do your own research.
They are because people they kind of trust the information they're getting from anywhere Even though it's a company saying about their assets No one's gonna talk shit about their own things, you know They want to sit grow. They want to sit build even though it's
So we keep trusting it's valid information, it's true because somebody told us and we trust that people but we don't even know that guy. So just because he's a thing like the billionaire
It doesn't really feel like it's atrocious for people for me. So I never used FTX because some people that I follow in the ecosystem
made some value points about it, so I never got in. And I think it's a solid point for us to get to learn to read things, to get to know how things work in the ecosystem we are involved.
So we don't have this kind of surprises and if we do we don't blame somebody just ourselves and I don't know resolve the matter and keep going not
I don't know, blame me others for our own fault. Yeah, it remembers us of the very spirit of crypto. Why it was created and why we are here. And what should we be like defending?
Definitely, that's it. Yeah, so go pick them up. Yeah, yeah, go GM my friend
Good morning guys. Good morning. You're already awake, Fred. It's quite early here, but I am. I'll start y'all. So I was just listening to what you guys are saying about the situation.
on FTAX stuff. It is pretty sad that what happened. I think we went back in the market, I don't know, we went back years of progress, but that's okay. That's okay. I don't
I don't think crypto is dead because of that con artist. And that tells me that people that lost money in the situation or people that seen what happened kind of learned, you know, not to trust.
businesses and that's what Irma is just saying at
This is what the technology allows us.
You don't have to trust people. You can do, you can cut to your own funds. You don't have to trust an entity. If you do have to trust an entity, you know, it's just to earn rent your money and that's it. And that's what we need to prove for. And like educated everyone about why it's important to
custody of your own funds and why the centralization matters. And the good part about everything that happened was now we were going to look differently at exchange. For example, we're going to demand
that they put out there a proof of reserve transparency. We went by and as we went to Coimbeys, we went all these shade exchange to show us how much money they have, what are they doing on chain transparency. That's going to help us a lot. And probably
this is not the end. I mean we're still going to have other kind of exchange to go broke. I was telling John the other day there's there's so many exchange out there, so many shady exchange out there. I don't think everyone's going to survive, but that's okay. We learned the lesson not to keep your coins, not to
you for money in the exchange. And we go back to the old sentence since the Mao Gao time, not your keys, not your coins. And that's a lesson that the newbies have just learned. And we have to still continue educating everyone about this matter. But yeah, that was my take.
Beautiful take my friend. Beautiful take. Yeah, I think like around of applause for the alpha, please. Yeah, yeah, yeah, he deserved. He woke up early just to came here and talk to his build for us with us. Great, great to have you here, my friend. Yeah, so
So we are already running out of time, but I'm just going to end up with some things that I've heard yesterday, I don't know if you guys saw, but CZ, the CEO and founder of Binance, did an AMA yesterday like to clarify some
things so that people like stop doing so much for to talk and basically to just like connect with their his followers. So and he said a lot of things like it was an hour AMA I wasn't able to hear it all but I
He got some really cool takes that he said, like basically even though he is building a centralized empire, he basically said that we need a centralization, like the things that we can try to be centralized, we need to do like
But not everything like we still gonna need some centralized exchanges, but all the other things that can work on a decentralized way should be centralized. He also pointed out a lot about two-four-preserves. And I think that's great, like we need to perform
We need more information. We need more information about what's happening in central analytics changes. We need some proof of liabilities. We need to know everything that's happening. Not just numbers point out their assets.
That's what really transparency is about. But like, hey, maybe steps, like we are getting better, like proof of reserves. I saw yesterday that a lot of exchanges already released some kind of proof of reserves. And I think that's great. But we should always, as Gaufi said, have control of our funds.
not your keys, not your coins, that's our mod up here and we need to help people understand why that's so important. FDX did a great job so that people understand why the control of your phones are so important.
But we also need to do better. We are here to improve the ecosystem, to get better UX, to get better UI. To make people understand what self-costody it's all about. But I really do think that in the end of the day,
Like not talking about how people that are suffering from money loss and people that are suffering like mental health things. It was good because a lot of people realize that they need to have their money on their own wallet.
So that's it. I think Lenny wants to stay to step ahead here and talk something to us. So please friend, take the step ahead that we are already out of time. GM, I'm sorry, I'm late, but because I was organizing things for a very special to your space that will happen today.
with polygon studios, the Twitter space will take place at 3pm, GM3 - trees, -3 in Brazilian time zone. Well, it will be awesome. Nifty 5 and polygon together in a talk in a...
me anything so well I hope everyone can listen to it and well share with us nice ideas it will be awesome I'm very very excited how should there still to come here to shoot her space how should there still do that
Yeah, yeah, but we already talked about polygon in the beginning of the space that polygon did some partner with Nike yesterday. So that's that's also then like it's GM team and let's let's treat. Yes, yes.
Is it a time zone between 6 u2c? 6pm? Well, yeah, Nike, New Bank and Nifty Fies. So, well, we are on Pala Gong. We are very, very fancy. Yeah, yeah, we are building
and it's great to see us like with partnering with a company and a blockchain that's already sold it in the ecosystem and doing a great, great job. Guys, I think it's time to wrap up.
Thank you so much for participating here listening to us. This is a daily space that we do like from Monday to Friday like Saturday and Sunday we are already still discussing it. It's a quick space like just to talk a little bit like what's happening to get to know
more to interact with our community. So feel free to join us every day, at this same time. If you guys have any questions, any doubts, if you guys want to talk with us more join us, or just call us at the app. Thank you so much, you are for part of
participating in charge coming here. I'm really glad you get you get to take a time of your day to get here. The treat about volume please. It'll be a game changer. Thanks guys. Have a great day. Bye bye guys. Have a great day. Bye bye.

FAQ on GM NFTFY: Crypto News and Future | Twitter Space Recording

What day of the week is it?
Thursday.
What is the speaker excited about?
Going to a beautiful city with friends.
What is the speaker's opinion on crypto in the long term?
Bullish.
Which company did Polygon announce a partnership with?
Nike.
What type of companies are trying to integrate with Web3?
Web1 and Web2 companies.
Why are people taking their money out of centralized exchanges?
Due to recent difficulties and concerns with some exchanges, such as the FTX situation.
What did the speaker's friend experience with BlockFi?
Difficulty withdrawing money due to the FTX situation.
What does the speaker think needs to happen for crypto to mature?
A change in mentality to care more about building the ecosystem than pure speculation.
What new payment option was announced for Apple Pay users?
The ability to pay using USDC via a Circle API integration.
What is the speaker's opinion on the future of crypto?
Positive, believing that all the partnerships, integrations, and interest from large companies in the industry show that it is here to stay and grow.