GM NFTFY + NounsBR: what’s happening in web3?

Recorded: Jan. 31, 2023 Duration: 0:31:09

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(upbeat music)
(upbeat music)
Jim, Jim.
I'm Danny, how are you doing, friend? I'm great, thank you, how about you? Oh, everything is nice and easy. I have right now, I've kept sleepy on my neck. Yeah, my... Always the best place, you know?
Oh my god, the most convenient places. Yeah, yes, of course the best chosen place. I do not believe. Yeah, of course, I'm not moving. So I would not you know, board, bother her.
How many cats do you have right now? 4 cats, 2 cats and 2 cats. And you are allergic to cats? Yes, I am. That's a little out.
A choice of life, very interesting to see then. Yeah, I hope my allergy just disappears. Be cured from it.
Goodies, go up here.
Just invited him to be co-hosted. Yesterday we did the first Brazilian storm spaces, was in Portuguese, and then he was representing Nautilus Brazil as well. How was your experience yesterday in Nany?
It was amazing actually. I didn't expect so many people there. It was very nice. I think the people liked it. I like it as well.
I want it again, you know. I want the next next Monday to talk to you guys again. And well, I hope I hope the members, the community just, you know, speak with us as well.
Nice, nice. Yeah, I hope that Brazilian ecosystem gets more bullish after that. No, we have been joining a lot of cool projects. No, it's Brazil. I love it. Bankless Brazil. I'm suspected, but to say that, but I love it too.
It's similar. I'm falling in love with the project because the project is so good and so well taught the devalues of it and branding. It's amazing. I'm not a summer guy, but I did like it. How do you inquiry?
GM GM my fellow friends. Yeah amazing spaces last night. I was on the ground hearing you guys what you guys said and it's funny because just yesterday we recorded a podcast with the Isamba guys and Thiago and Luca and yeah it's awesome to see all these people working
on the Web 3 ecosystem, especially in Brazil. And I really hope that a lot of great and huge things to come. I don't know, maybe some huge event. I don't know. Let's brainstorm a lot of things and see how we can help together and grow this resilient community.
Yeah, let's see how we do it and what makes me Polish is that we are doing Brazilian storm to connect most of people from the Brazilian ecosystem to the global ecosystem. You know, it's some of the
doing that thing that is integrated with Latin America and global, the global ecosystem. And I think this is the most important stuff when you are dealing with Brazilian ecosystem is not to separate, not to isolate, is to increase
We have this with bankless, we have a true fraternity of other bankless in other countries doing the same, the same half the same journey. And the interesting thing is that we can connect with the other bankless.
international media notes, now as well they have other people there in the knowledge ecosystem and having this breach I mean it's very very it's very important because we don't feel isolated we can connect you know and I think this is the most important thing right now for
Brazilian ecosystem. So yeah, I'm very bullish on the project because of that because it links the ecosystem's international ecosystem in the the national ecosystem as well. That makes me feel very very very bullish.
Just tapping into news. Good. Once you want to bring to us today.
Yeah, even though we do our spaces here in which I think we should talk about Binance and Monster Card launching a card here in Brazil that you can pay in crypto and get some cash back. I don't know if you guys see it on
WebTee Portals, but basically everyone reported this yesterday even CZ retweeted some regional footage that he had already posted I think last year that we went here in Brazil. But yeah, Binance Exxpaining is
And now I think in Argentina, Binance already had this product, but right now it's coming to Brazil. I actually didn't find anything on Binance yet just on some portals, but maybe I was getting a little
lazy but it seems like an amazing deal to take at least to test it out like I don't know if I'm going to use it on a database probably not but hey it gives you 8% of cash back you don't have any fee on withdrawing money from ATM's and you
can pay not only with bitcoin but some other currencies too. The things that I don't like it because like every payment that you do with this card you have like 1%. I don't know if it's 1% or a little
But no, no, no, you have a conversion fee. So that's not good for customers. And then they like they're going to pay a little bit more. But you don't have they're going to have percent of cash back. Yeah, but you also have some conversion fee when you pay with a pretty. So that's not the
best deal but hey I'm looking forward to test it out like I don't know I think it's cool to see Biden's aiming to grow Brazil. I got to confess I do not know if they already have some some kind of office here in Brazil but I would love to know that I would love to know to
tell my friends if they should report every transaction they do on Binoc tool to ERS here, you are not. But hey, that's for another time. That just focus on the card today. What do you guys think? Are you guys going to use it or not?
I need to know about the cashback thing. I was reading the coin desk article about it and I was astonished by 80% of cashback.
You know our history with cashbacks and Okuri, we love cashmacks. And I can say exchange is doing stuff like traditional companies because they are actually the traditional companies but I like when the exchanges don't
try to be the most decentralized, the coal guy in the Web3 ecosystem. And this is cool because they are assuming their postures as a company, like with benefits, with some promotions, and stuff like that.
I don't like when I see exchanges or decentralized stuff trying to approach like NFT, or web3 communities. No, you're a company, do your cash back and stay quiet.
I don't know if I'm going to use it if the cashback is too good of course I will use it because everyone is like a good cashback and yeah I think we need to try out to try first and to see how things are
I don't have personally I don't have any money on on Binance anymore So I would need to move funds to to buy this on some more and it's not something that I'm pleasing to do so easily so yeah That's that's the point another thing that I comes out of this this knows
as a white Brazil. That's something very interesting to understand. Brazil and Argentina are being seen as crypto adopters because of inflationary systems that they are
There's nothing new that Argentina has an inflationary problem. Right now we don't have a inflationary problem, but we know that at the end of the day we have problems with inflation, not at all.
immersion country. And we know that Argentina has a huge ecosystem on prepared cards on crypto basically leads by Limon, Limon app. I think Binance is kind of doing this trying to do the same thing here.
I think that the ecosystems are more or less the same. Argentina and Brazil have some different economies but overall they have the same behavior, consumer behavior. We don't have prepaid cards here on crypto
So that's what the main stream is in Argentina. And I think it's a bit of a strain to take this gap. And we are not talking about the nation with 40, 15, 15 million people. We are talking about the country with over 200 million.
I think this is the gap of the market the Binance is trying to attack. But I don't know guys why Brazil? Why doing this right now in Brazil? Because this is huge news worldwide but it's happening in Brazil. What are the thoughts? What Binance is looking for here?
Oh, we are on the ranking of crypto users, but I think they're looking for trade-ears, traders because an exchange
get profits with trade traders, you know, so probably we are not the the LGN's target, the target audience here. Yeah.
Yeah, so like I think Brazil is huge thing. It's a huge thing very very huge and we are seeing a lot of growth regarding to cryptocurrencies here in general not only with people with retail investors but also with some institutionary investors.
that they like it's an amazing market to deal with. People here in Brazil invest more on crypto than on some stock exchange so that's awesome. And at the same time like we are know that our neighborhood here in Latin America are not faced in a very good
financial situation such as Argentina that we just mentioned and I really hope that Brazil does not follow the same path but in the end of the day we all don't know and like fortunate or unfortunately I think a lot of people that do not live in Brazil thinks Brazil is in the same situation of
all of these countries that are on a tough financial situation right now like where it is money don't do not worth nothing and yeah so I think we should explore that even though it's not the best image that we should pass to people abroad but one way or another
A lot of people are focused on Brazil to develop products and to launch crypto products because it seems like an amazing place for crypto to grow. At the same time we saw a lot of crypto projects in the government.
The government of Rio de Janeiro saying that they were going to pay taxes. We saw some bills being approved last year. Not going to get in the details if the bills are good or not. But we have seen movement going to crypto.
is, huge exchanges are starting to notice that into a floor. Not only by the list, but a lot of exchanges are trying to come to Brazil and trying to start some business here because it seems like a great market for huge exchanges to grow. But hey, that's just my day.
Yeah, let's see what's happening. What can happen in the next month when this gets the market. I'm pretty anxious to see how people can adopt this because I saw recently I was talking to some of my friends, normally two friends as we
say it. And some of them have bindings, have bindings and never told to me, but they have bindings in the cell phone. They'll load it as an app. And I was just talking to them, I'm like, just buy some stuff here in the airport. They use bindings. It's very
well spread out I would say. And that's very interesting to see how this skin scale because at the end of the day, the vines can be just a thin tag that can provide some services in crypto, most services in crypto as lemon apes.
is in Argentina. I believe this can happen and have the good possibility of happening here. And the benefits of it, I would say, it's really not the opportunity to trade, to do trade there, there, BRL to USD.
more quickly and more without friction, you know, and with better rates as well. So yeah, that's something that I for a common usage and for the masses, I think this is unbelievable.
can unlock a lot of opportunities. Going to another news that I'm trying to define was an article that the headline was "Roll Up Boars, Battle Rates for the Future of
If you're in scaling that's very interesting because Roll up or worse or L2 worse is something that we are talking about a lot about in the last weeks or so because we
We really think that this is promising. If you're in prices in gas prices, I grow, we're going up again. Not so much as they used to be, but they are growing. This create friction and this creates
It is the successful success of the network at UN. It also brings a weight into it at UN. It is bad for scaling.
projects doing stuff on optimizing role apps, optimizing role apps, and ZK role apps. We have Arbeteron, we have Optimism, we have ZK Sync, and we have Polygon doing stuff as well in this area.
And we have the concept of EVM+ as well. I'm not deep deep and the article is an awesome article to understand how the situation is right now. It's a picture of how the ecosystem is run out. As I said, the headline is roll up.
or roll up wars. And just stepping with you guys. What? Roll ups and layered juice have you been using nowadays? How are you guys experimenting? How is your experience using an option or optimization or
or whatever of those role-lapse and how do you see the future coming? What do you like the most and why go then your Cody? Great. Well, Mike Christian.
Istanbul says that Abitron has a great future. I started using Arbitron recently with Kuddi and well it was nice like I interacted with some DeFi platforms there and
And well, I get kind of excited about the idea of a narrow drop. And yeah, I guess the arbitral is a great, great chain, you know, there to... Well, I think the development team is great.
I like their marketing, I like their social media, I like all the work they are doing. And well, I don't know too much about optimism, but I think optimism is great and preferred by dolls. Well, that's it.
How about you, how do you how's your experience and user relapse and hire you place your beds? Yeah, so it's tough Yeah, it's it's tough for now like I'm really bullish with the cable ups. I understand why we have
some big players with optimistic rollups right now. And then they like it's easier to develop, it's easier to develop a solution with optimistic rollups than it is with the physical rollups. But I really don't think that this year we're going to see some huge amount of players beginning to develop and to allow them.
their ZK roll up solutions. We are basically on the immunase of polygon, along with their ZKVM solution and I'm really bullish about that. I had some great experience with optimism, even greater experience with our
I'm using our performance. Not on a daily basis but very frequently I think it's a great way to explore a new system. I was actually talking with Gieber this last weekend about how I lost the GMX opportunity because I saw
I was working a lot and I did not have time. He basically told me, "Hey, you do not have to worry. There is some GLP. That is one of the tokens on GMX and a wire right now so you can interact with these other protocols."
to dive deep into that but I think like as many said that the Nitor that they like Optimus is already huge, it already made it a draw and I think Arb 2 is going to grow faster not only because of the Adrob but because basically they have GMX
and GM X dominated the market last year and I think it will continue to dominate these years. It's an amazing protocol. I really like it. But I see we're getting other players such as Paul Goma as I mentioned but also the case sync being developed because
being launched and like being an amazing protocol and amazing L.A.2 to interact like I'm really bullish on the case thing I know they are on the baby alpha right now or yeah I don't know exactly the face but they have a name but I'm really looking forward to end date they
launch this, I don't know, full of to the public, but in a way we're looking forward to using casing. I'm also bullish on Starquare and NASDAQ, but I think this casing will be, it will be hugger than these other two, especially in the first phase.
I don't know how they are going to develop, but I think the case in Creole will be a huge thing with a counter-extraction. I know these are two solutions that I mentioned, but I also have a counter-extraction, but I think the case in Creole comes first when especially to the 2023. That's my date friend.
Nice. I saw, first of all, I saw two things that I'm tapping into right now talking about ZK and privacy and stuff like that.
I was listening to a podcast with Babi from Pods Finance. She was talking about how the CDIBCs are being designed mainly in Brazil.
they like the composability, the interpretability, everything about D5 and about Ethereum and everything that is related to this world. One thing that they don't like is
black off-privacy. Because we have in Brazil and other countries we have the right of being your bank account being totally totally
Unanimals like you don't need to show any of your records You just need to show your records when you are judged Need to know to have access to your data
But you have the right. If you break the laws, you are in law suit. Yes, you need to show your bank records.
even if in the worst situations you have the right of privacy of your banking data. And we know that once we attach like IA NES with you or
address, everyone knows what you are doing, how much money you have, what you are doing, what you are doing, what your money. ZK is a pretty web-tree way to do private
and to maybe convince some CitroBanks to create stuff here, not there. I think this is a pretty good argument anyway.
But that's what happened and a lot of the thing is that I was doing nice spaces yesterday with Philippe Fachiki. He's a dev and I was talking about Hypeids and overrated underrated projects and tags
I was talking to him and I was telling names like I was telling some tags that we have here and he was telling if was overrated or underrated and stuff like that most of the he was a little bit
neutral in most of the tags. Okay this is kind of the hype that deserves but not so much and not so little it's neutral. But one that surprised me a lot is I think the case is very hype it.
No, very, very hype. And he says that he said that we are not hype enough. ZK is really, really, really, really worth the hype. So that's something that impressed me. And he is a very, very, like,
No, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no,#
what is happening and I want to use it, you know, I want to have people using it and I have experienced all my own low in the K stuff but that's it guys.
Yeah, I also yeah, I completely with you friend. I'm really bullish on the game general I'm also I'm actually going to Zicon the conference that's going to be hosted on real on March and I'm really looking forward because I know that the cash already uses
not it's not secure or loves it I think it's a case in our cars keep rules like I always forgot the difference between both of this but they already use it on their blockchain I'm not going to get I'm not going to die between to details about the cash mainly because
I don't know a lot about it, but I'm really looking forward because I know that I'm going to learn a lot about ZK there. And I really do think that we can, like, even though it's not a blockchain, it's not a serial ecosystem in general, the technologies
It's always great to learn and I already recorded some podcasts with the ZCash guys, Michael, the Brazilian guys that's put it away. And it's awesome to hear someone talking with property and with knowledge about ZCase.
I really think that this is one of the technologies that we should be most bullish on and to expect a lot from this year. Not only with the KAB but with the K Pro, with a couple of abstraction, a lot of great things to come this year.
I think that's it guys Hermes is not here to talk about We are not here for the day, but don't worry Tomorrow we'll have for sure Thank you guys for being here. Thank you daddy. Thank you. Goody
Have a good day. Have a great day. Yeah, I'll just want to say GM to you guys. Yeah, you are the same time. The same place. And we don't have dramas.
At least we don't have another day another drama today was was not drama was a bullish I'm not a day you know You guys are being here. See you tomorrow. Have a good day. Bye

FAQ on GM NFTFY + NounsBR: what’s happening in web3? | Twitter Space Recording

Who is speaking in the recording?
Danny and Jim are speaking in the recording.
Where is Sleepy the cat?
Sleepy the cat is on Jim's neck.
How many cats does Jim have?
Jim has four cats.
What is the purpose of the Brazilian Storm project?
The purpose of the Brazilian Storm project is to connect people from the Brazilian and global ecosystems.
What is the recent news regarding Binance and Brazil?
Binance and Monster Card are launching a card in Brazil that enables payment in crypto and gives cash back.
How much cash back is offered by Binance's new card?
Binance's new card offers 8% cash back.
What is the main reason why Binance is targeting Brazil?
Binance is targeting Brazil because it is seen as a crypto adopter due to inflationary systems and a potential market for their product.
What is the opinion of the speakers about exchanges trying to approach the Web3 ecosystem?
The speakers believe that exchanges should not try to approach the Web3 ecosystem and should focus on their roles as companies.
What type of audience is Binance targeting with their new card?
Binance is targeting traders with their new card.
Is there a conversion fee for using Binance's new card?
Yes, there is a conversion fee for using Binance's new card.