GM NFTFY: What’s happening in web3?

Recorded: Dec. 7, 2022 Duration: 0:16:58

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You're a miss how are you doing my friend jam jam Can you can you heard me? Hello, hello brother. Yeah, I was like yeah doing great fan What about you today is it yeah, I'm great to I've just uh
God off the tennis court so it's always good because clean the mind. How was the? Yeah, that's great. My father is a great tennis player. Oh, that's he loves to play tennis. He's been playing like for 20 years.
many years now. Oh that's something that I have noticed about tennis is that a lot of people have longevity and longevity in it. A lot of people play for a long time since they are kids too when they are more elderly.
They do the sport, you know. It's very interesting how this can keep it up, you know. Because it's a sport that needs resistance. And resistance. But you have been trying to teach me that.
I've had it for years now, but I haven't had the time to learn yet. But I think that is a great sport, it's very competitive and very dynamic and very interesting. There's a culture, right, the respect, the...
like the way to treat the opponent is very interesting. Yeah, of course, and we are talking about mental health and mental wellness.
This kind of sport is also really good to be into because it creates this environment of wellness. When you are talking about wipe tree related things, it's important to have this kind of management.
But Hermes, how are you doing the market? How are you seeing the markets today? Today is a quick GM, but how are you seeing the markets today? I don't know, man. I'm feeling like most of the people is already like conformed with the
the idea that the end is already over for crypto, but I'm not sure if it's like that. I think that we still have something to see until the end of the year. I believe that we are likely now
We are in a very sharp edge right now for download or up and no one can say for sure what will be more than ever of course because you can never do but no one can say if we are going up or going
down but mostly most likely that we will just be like we are going sidewalks you know more than more than anything because isn't that bad but it is also not good enough right
Yeah, sure. And the thing is that I don't believe that we will have so much expectation in the next year. I think that some projects will have lots of investment, a lot of our use case going on and revenue. But I don't think that will be an
general thing in the space, you know, like speculation for all projects, all projects, like was 2020 and 2021. I think that will be more, more selected, the projects that will do the best, you know. And I think that this is good, it's not, it's not something bad.
not something that I'm thinking that oh this is a bad case scenario no it's actually a good way to see that the market is healthy and how how you
I believe that a healthy
market is one beauty built over the fundamentals more than the speculation part of it. It goes in the encounter of what you were saying. And I agree with that. I believe that we will be better as we overcome this
this speculation of a specter of crypto because it shouldn't be about that. And people who are addicted to only see crypto for this perspective of speculation, of making a lot of money or losing a lot of money from day to night.
This is not healthy at all, right? This is not why it was built. So I think that a lot of people that are here just to quick-profit can lose interest while we can still like build.
And eventually we'll be in a much better position because the adoption of cryptocurrency is inevitable in my opinion. So yeah, I'm very like I'm very positive that great times are coming for
and that this bad time that we are leaving now in terms of speculation is probably the greatest time that we ever had to build and to build relations and to build projects to understand, to be creative and to stick together to the ones that really really
make a difference you know. Yeah sure and the thing is that we are we have some players that are very good and very you are kind of noisy
Sorry, sorry, sorry to say that. No, no problem. But we have some players that are... I think that they had made some use cases. I said that you were noisy, but I know that I'm noisy too, so that's why I...
I feel you. But the thing is that we have some players that have been playing the good game, you know, having been playing well and having been building stuff really, really well. Just for an example, news that just really
it's been released now. Ave acquired the web web tree game app called Sonner. So Sonner was acquired by Ave. Ave is a company
that created the Aviv protocol that is famous for landing and boring and other and fleshloans and stuff like that. He's like a bank but they have all the financial products of a bank but all decentralized and all within
smart contracts, this means that it's trustless and permissionless. And they did a lot of other projects. Haive also they did Avigachi lens protocol and now they're tapping into Web Tree Games. So it's a
It's a good team that have been played the good game and they have been building a lot of cool stuff and now acquiring cool stuff as well. So I think this kind of player are being successful despite the bare market or crashes.
Yeah, most of the companies there too building now the make made a good money through the the last book, right and they are ready
I'm not listening to you anymore, Hermes. I don't know if it's I or I don't or you don't speak anymore If you are speaking
I'm speaking over you, please, a sector co-host role so I can go and out and in the spaces.
Are you guys listening to me or not? I'm not listening to Hermes anymore.
Oh, now, now, where is you? You can speak right now or not.
Can you listen to me? I was speaking for a long time before realizing that I was rugged. I don't know if what you guys listen to it, but I was saying that we are very privileged to be like employed and produced and keep
building in this scenario because this will allow us to be very forward when the time comes, you know, when the next boom run comes and I have this feeling I'm not
that is like I'm not that experienced player but I have this feeling that we are living the last you know the very last like big bear that we will ever see so I'm confident and I'm feeling great by having the opportunity to be
like working with you guys, learning, building in this sort of scenario because if we are doing so much in the way the things are now, imagine when we are there, right? Imagine when we are at the top of the world where we will be eventually certainly.
Sure, yeah, actually. We did our spaces yesterday in Portuguese with Ninja Labs that is a company that do create projects help, Web2 companies, create projects here in Web3 and also Web3 projects to be launched as well.
So we did the first class of Builders Lab, Builders Lab is now for Portuguese audience, for the Portuguese community. And now we are taking the first class and first class
was huge. A lot of people entered the space. This is, remember, this is Portuguese ecosystem. This is not the global ecosystem. And we had 170 people listening to this
to this space. So it's a lot of people interesting in building, in creating projects, and a lot of people is in the making. And these big players, these good players can incorporate, they can acquire,
help build this type of stuff that new projects are building. Just a quick other news, Warner Music, part of it with Polygon and LGND,
We created a web3 music platform and we always talked about polygon, how the polygon team is also a good player in this space and have been partnered with a lot of companies and when we think about
Warner Music, they are one of the biggest groups of music. And when you see them partner with Poilin and LGND to create music platform, you need to be bullish and music and FTS may friend.
It's a huge partnership and I hope that this go mainstream because music and FTs need to go mainstream, by the way. Absolutely, absolutely. I have this impression and I'm pretty sure that the next big run will be related to music because it seems like the music
The music is like being left behind. You see a lot of projects related to make serious and movies and games and the visual aspect of it, but this is nothing without the music, the audio part of it.
Sure, so that's it guys. Thank you for being in this GM in Diffy 5. It's always a pleasure to have you guys this one was a quick one, but a very very thoughtful informative. Thank you guys. Oh
Thank you all.