GM NFTFY: What’s happening in web3 now?

Recorded: Nov. 18, 2022 Duration: 0:28:49

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Hey everyone, how are you doing guys? How are you doing Kudi? How are you doing Amrus? And dude, how are you doing guys? Jam, jam.
Hey buddy, Jim, Jim, how are you my friend?
Doing great. The market seems fresh now. How has seen the markets today?
Yeah, I got a call says that I need not look at price today, but what more needs to work on what is happening.
The market is reacting good for now. The thing is that seems like FGX
It's been a tough week and so but I think that the main thing about the feeling of the market is kind of passing I would say. It's strange how it seems like I
I'm tired of talking about that Jack, let's move on, you know. How do I see this movement? This will happen, there will be something really
That is happening, people will move on or no, we'll still have some things to discuss on this. But let's see this, it's already water under the bridge or not.
Yeah, so I don't know man. The discussion is really tough because we are seeing a lot of things happening because of FTX like Genesis, BlockFi and a lot of other hedge funds for example, they are
are like, or they are still silent or they are ready for bankruptcy so that she, but at the same time I really thought that we would see lower prices with all the shit happening and in the end of the day
the process just followed but not how much I thought they would. So yeah, I really think that we are the people like investors not just retail but also institutional investors.
I really think that the crypto is here to stay because if not, I would see if like on like $500 and that's not the case. You are still on good like good prices like that we were seeing.
some months ago. This is not reliable but I have a feeling that we are in a good situation that the prices are good like we are probably near to a bottom and I really do
think that next year we are going to be looking at some cool, cool prices. We talked a little bit about this yesterday, I think Victor and my price prediction is bullish, just bullish.
I don't remember your price prediction. Do I next year? No, this year? No, it's March. March? It's March? Yes, it's March. Yes, I said November. Yes, great.
I think we will keep seeing the consequences, you know, and we will keep talking about what happened with FTX. Well, I'm tired as well. I'm like, oh my god, move on, but the consequences don't stop showing up, you know.
Yeah, so let's we talk a little bit about other topics that are surrounding our day to day. One of them is the massive people going out
Twitter employees going out of Twitter people talking about 75% of employees they are leaving Twitter because it's
Because of Elon Musk and because the new way of how Twitter is operating right now. How do I think this will end up? Will be a short crisis, a long crisis, will Twitter end up? What do I think?
Yes, so yesterday as I'm getting home I read something that said that they basically close it every Twitter of United States like close it for the day and I completely
I think Alan is a huge entrepreneur, but at the same time I've seen a lot of crazy stuff regarding Twitter. He basically fired firing people because they are arguing with them.
with them that he isn't right. So I really am worried about where Tweeter is heading right now. But I really don't know what's going to happen. I really think that
Elon could be doing a great job like we're creating some new features and I don't think $8 for a verification mark it's something cool it's just something that they are doing to make money
Sorry guys I was just tweeting that we are live sorry I'm great thank you
happy because I will see you guys soon. Great but I don't think that Elon will do big changes on Twitter. I don't think the Twitter will
up, but I highly believe that he will promote little changes through the time, that probably Twitter will end up like Facebook.
a lot of little changes in time and people just will give up to use.
Well, I saw a lot of news talking about that 75% is something that is really worrying because it's people that are somehow essential to the business and to the tech.
that Twitter has offered a lot of time this days or they will like I don't know they have all a plan to work in in in last capacity of this but I really it's really boring I would say
But yeah, Twitter is huge. Nothing changed significantly today. Yeah, but things can get a little more strange next day because of it.
So today, at the morning, I was searching for Twitter, Office Brazil, on LinkedIn. And I saw a lot of people, a lot of people with the tag open to work in the profile picture. It was very, very sad to me.
air miss how are you doing my friend? Hello guys with morning, jam jam. Well I I I hate to be like acid but for me this is I mean very very easy to understand what is happening.
is not a genius or whatever, what people try to make him look like. You don't just do things because he can't. You don't, didn't like create a test like he just bought it. He's just like a spoiled kid who do strange things just because
he can't because he don't care, you know, he was born in a millionaire. So I think all this this aura around the deal about being like a visionary being like someone who will build the future or whatever. I mean, I don't see it like that. He has the Tesla which is
is nice but not more than that. All the other brands are creating electrical cars and the reason they don't do their cars look exactly like the car's Tesla. Creates because there's not enough marketing market for
there's not enough people to buy it so there's no point in creating a whole company to fight Elon that they already selling their electrical vehicles. I mean this space rush that he's doing is like is not vision or changing the world of
or whatever, he's just trying to make money with something there. It's very expensive. That's why there's not other people doing that. One of his great ideas was to build a tunnel to cross the whole LA if I'm not wrong, but only one carp or once. I mean, maybe
no sense. And this Twitter thing is being like just absolutely stupid, you know, the guy fired everyone and now they called him back because they don't know what to do without these people that he fired. He has created a very rare verification tech that you pay for it. So what's the
you can't change your name or your peak once you got very very fine. So, I mean, it's just this simple, the stoopdest is where to this problem, you know, how you think that you can fix a thing like that, that it's not that easy. So, I think that Elon is
is super overestimated. You know, it's not a genius, it's not a guy who will change the world or whatever. He's just a spoil it kid who has enough money to play with. This is my perspective on you. I'm not a fan of the guy to be honest.
Yeah, that's it. I'm just going to say something that Hermann's point out something that Hermann said that I saw that some company, some fake account of a company just bought like the Twitter verification $8 mark and they took
basically like now insulin is free and they stocks of the company basically drop it like more than 10% and the company lost I don't know a lot of millions in market share so it was like a big big problem if I if I
were from this company I probably was going to sue, I don't know because they basically fuck it up hard like with this blue mark for a vacation $8 that he created. Just wanted to point this out, go ahead friend, please.
Yeah, that's definitely something that is not was something wise, I would say particularly wise and yeah, it can hurt a lot of industries because this is how powerful Twitter is.
It is powerful. It can change. I see that Elon bought it, because of that, because he knows the power of it. Let's see how things will unfold now.
It's a great time to be alive guys. Let's talk a little bit about NFTs. We are in a moment of having other GD lands that if you guys were in the market
We are brought with a huge gas wars, being a validity now in less than 1/8 or doodles in 5/8 or Azuki in 9/8/10 price, called Axe.
Moonbirds in 5 and 6th each and Podipingwins wasn't a blue chip but it's kind of a purine. I tweeted in my personal account something a little bit about that
And this, in my view, were collections that were underpriced. And the interesting thing is that we always talk about all your friends. And I'm kind of now
respecting more what could he say about NFTs after reddit things exploded. And besides that, the CEO of Ducks, Luis
Octavio said I'm friends as well in my reply to my tweet. So how do you guys think these collections are right now? They are under prices. What do you guys think?
Of course, none of this is not at all. It is a financial device. But go ahead.
Yeah, so I don't know, I don't think every collection is underpriced right now, but I think like the biggest ones definitely are. Like most of these companies built a lot of things, it's best
this past year and their price dropped down by a lot like far example that's but in yoga they built a lot of things they are building a game and still they're
and if these drop it down a lot and definitely when they gain release there will be a lot of hype like regarding prices regarding people buy not only other side but also the monkeys people people
people are going to kill me if they see it. I'm talking monkeys about part-day but that's okay. But in the end of the day, all these brands are creating a lot of partnerships as with the partner with Red Bull, like Pajupani, Spartan English Kellogg.
I think they are like a lot of underpriced but at the same time it's not only the NFT price that matters we need to see the price of if the price of other cryptocurrencies and
all this felt is best here. So, at the same time that, for my opinion, if it's cheap, some NFT collections are also cheap for the kind of same reason. That's my take.
I can't believe I saw cookets at 1.69 and I didn't buy it. Kind of wanted to kill myself right now but I'm going to be right.
Yeah, that's crazy because we know that our connections have some things behind some partnerships really strong and really passionate.
And as you said, Query, Azuki is creating partnerships in F1 and F1.
The other did have a big game that didn't really list yet, so can be a target of speculation. Doro is doing a great work, but somehow they are not appearing anymore, so much in the mainstream NFT, I would say, space.
I saw a tweet very funny other day that it's impressive that SBF even being like you know this mess and is this still capable to tweet more than the doodles team and that's that's funny. Clonax
have the whole artifact ecosystem that is the same of the Nike ecosystem and as we know we have this WUS project going to be something really huge I believe
And the thing is, let's see how this will play out. They are building stuff. Some of these stuff are well funded. They have money to create it. And they have partnerships to
created. So yeah, I think that there is a lot of collections. They have some possibility to be, I would say, bigger than they are now.
And they are under under appreciated because of the time of the market I would say and as a sad it is in the lobes so that's one reason to one thing that I wanted to tap out as well it's
How do you guys see NFTs being going forward? Because these collections are the huge ones that push things forward.
We have also have mounts that are doing some stuff as well. But the interesting thing is that if you guys see bugs really did now have a protagonist
They lost a lot of these role of being the biggest thing, the face of the market. When board apes were doing in ULABS, we're doing a lot of stuff.
But in the last days, a lot of people were into crypto banks because they are like historical ones. So they kind of survived the market. But since I'm talking about this,
Part 8, 6, 33 were sold by 1600 and 13, so it's a huge price. Even in the bear market. What do you guys?
See the difference between Bart Apes and Cryptopunks in the in the in the beer market. How do I see that? You guys see some can have some analysis of the market based on how this huge the biggest collections over or ecosystem
are behaving? I have a little short expression to say is like for me it's speculation versus history. Web 3 history. For me, CryptoBunks has a lot of
History because it is a very very famous and old collection. And Bernie Deepz was built in famous people. What's more about his speculation to me?
Not only is speculation, but more.
Yeah, I see sometimes I was talking with some book today something about the planx is that I You will have more this kind of stuff that this vibe of these new lands, you know, they do stuff they create stuff you experience it
But it's all artificial. At the end of the day, we're all made up. That's one kind of entertainment. When you see crypto parts, you'll see
One thing one community more organically made something more like like Burning Man or something like that. So it's it's kind of comparing Burning Man with Disney Land. I guys agree with that or just I'm going a little bit crazy in this in this analysis.
If you're not agree, you can still disagree. I think there are different things like CryptoPunks and Mord apes. But at the same time, CryptoPunks have their historical value, I think at least in Mord apes.
still trying to get that they are a huge blue chip NFTs but I don't see them as a historical value yet that I see on crypto punks and another NFTs that praises for their historical side but I think that you will have this beautiful
during a lot of things trying to make what they get to the level and at the same time like punks, punks aren't building anything and maybe they shouldn't be building anything. I don't know, I think sometimes like for NFT to create some value that are not only
finding sure related, they shouldn't be creating a lot of things like they should let time decide that like they should be like evolving into things that aren't just like creating new things every other day, but also like trying to bring some other types of value.
But I don't know, I would love so much more to have a punk right now than to have a bird ape, even though like the upside on a bird ape, it's probably bigger than on a crypto punks.
Yeah, I think we have online middle desk.
One thing more, you guys are seeing anything more in the market, NFT related or defy related or web tree related. There you guys went to bring up here some kind of interesting thing that I saw in today more
earlier or yesterday at the end of the day. I saw a lot of backlash from the traditional media talking a little bit about Quachela
the Quachela NFT has been stuck in NFTX or the bird ape of Justin Bieber has been valued as 95% less than the
bought. So it's kind of old news as you can see it's like a backlash of what happened in the markets. And yeah, I think that
I think the big media, as we were glad the big media were talking about how huge the market was becoming. Now there are no news in how things are dropping, but with some
delay. I'm seeing a lot of this with delay. But how guys see this coming forward? How things can be, how the public trust can be recovered after all this.
How can you summarize all this to the to the bigger public after
afterwards. I think like the easiest way is to try to focus on what every company is building on Web3 like a lot of like news just focus on
crisis on Bitcoin going up and down. But we also need to create a culture of focusing on companies, building solutions in blockchain, like on partnership being made. I think that's the easiest way to regain
interest from people because like we that are already into crypto like down the rabbit hole doesn't need to see like the price of Bitcoin to understand that what we are building here is so much bigger than FTX and like totally different
that's it man, we need to show people that aren't into crypto, what are being viewed here, not only prices going up and down, companies such as
Reddit, Twitter, Meta and so many others are really a lot of cool solutions and a lot of cool tech to like bring WebTree and blockchain to so much more people in the world.
Yeah, guys, that's it. I totally agree. I think it's time to make usability something. Thank you guys for being here.
in your gym if you fight and see you in the next one. What a pleasure it is to have this every day. Thank you guys.
Have a great week in the force. Have a nice day. Bye.

FAQ on GM NFTFY: What’s happening in web3 now? | Twitter Space Recording

What is the discussion about in the podcast?
The discussion in the podcast revolves around various topics such as the current market situation, Twitter's crisis due to Elon Musk, and the impact of FTX on the market.
What is the market reaction to FTX?
The market is reacting well to FTX despite the tough situation the company is facing.
Do the speakers think that crypto is here to stay?
Yes, they believe that crypto is here to stay because the prices are still good and people, both retail and institutional investors, are investing in it.
What are the speakers' price predictions for Bitcoin?
One of the speakers predicted a bullish price for Bitcoin by March, while the other speaker did not give a precise prediction.
What is the current crisis faced by Twitter?
Twitter is facing a crisis due to the departure of 75% of its employees, which is attributed to Elon Musk's involvement with the company and the new changes in its operations.
How do the speakers think the Twitter crisis will end?
The speakers think that the crisis will either be short or long-term, and Twitter may end up like Facebook with a lot of small changes over time that may lead people to give up using it.
What is AirMiss's opinion of Elon Musk?
AirMiss thinks that Elon Musk is overestimated and he is just a spoiled kid who is doing things just because he can, not because he wants to change the world.
What was the recent incident involving Twitter's verification mark?
A fake account of a company bought the Twitter verification $8 mark, which resulted in the company's stocks dropping more than 10% and losing millions in market share.
What is one of the reasons that Elon Musk bought Twitter?
Elon Musk bought Twitter because he knows the power of the platform and its ability to change the world.
What is the format of the response to the questions?
The response should be in JSON format with a list of objects having two keys: question and answer.