GM: what’s happening in web3?

Recorded: April 4, 2023 Duration: 0:30:28

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GMGM, how are you doing Danny? How are you doing my friend? I'm great. What about you? Oh great great as well. It is the first time that we do this GM with you after the hackathon isn't it?
I'm sorry? It's the first time that we do the GM with you before, like after the Harketon. Yes, yes, actually I was on my flight going back home. Yeah, so it's nice to have you back.
I'm a bad guy. I'm a bad guy. My side was, you know, looking at me and thinking that I'm a weirdo. It happens. It happens.
is where it happens often. How are you doing here? My friend, GM. Morning, morning family, GM, GM done, GM. Are you already at home done?
Yes. Great. How was your trip?
I just got hired, but it was amazing. I cannot even explain like, yeah. I had two talks. The first one about hyperinflation of hyperbite quantization with Gideva. I represented
Then I talked about DAO in the Brazil ecosystem, so I talked about Brazil and if I DAO created a QR code, so if someone knew, just say hi to
the communities because I just put it on a care code but I was a hackathon judge so it was a surprise but I got I don't know I think I want to do it for the rest of my life it's very good to see the projects and analyze them
Yeah, and I was responsible for the hacker house. I couldn't sleep. I have slept for almost three years Friday to Saturday because when I was sleeping, Chago needs to
to be awake and when he is sleeping and it's to be awake, so yeah, three hours of sleeping and then talk and then networking and then try to maintain their hacker house organized. And then dealing with
We wear those in their plane. Oh my god. I can't. I'm all ahead of trip around Brazil, you know, and yeah, but I'm a make fun of me now. Make fun of me now. But how can I do it?
in a, you know, proposal. How can you want to do it? I was almost dying. The only good part is because, you know, Azul Wi-Fi was very good, very good. I spent my night, you know, 3 a.m. in a
in IA, and friends. Space is because I had nothing to do. But probably people there on the airplane wanted to kill me because everyone was sleeping. I was like blah, blah, blah, blah, blah, blah, with their friends. Yeah, but cool.
Cool cool cool my friend. It's I saw this I listened to your spaces with Ali friends. It was very very nice It's a big community man. It is like a lot of people there and a bunch of energy, you know, how how they manage it
to be going through this in the bar market. So it's very amazing to see that, isn't it? A great community doing like with full of energy, you know? Despite all products being, being glow, and stuff like that, I wonder how they manage that.
Yeah, yeah, yeah, I was missing your friend a lot so He was cool. He was cool. It was cool even in the night so everyone You know 3 am was the cooler part of this event
No, Akira is trying to hack, trying to survive, drink some coffee. I have the feeling that Akaton is even though it is more so because he is in a house. Akaton have a feeling of sleep over.
didn't have this video, I was lip over stuff like that. You got your gods with a lot of bunch of people and most of them you know and you are going through the night to create some stuff and you are
It's like a pajama party. Yeah, without the pajamas. Just going to... When I will see her, into this kind of events, my friends.
I saw you only while. Whenever you invited me. I would love to. I would love to attend. Yeah, it would be very nice to see you there. I just wanted to tap into how I asked
How like Ali friends is creating some some stuff And managing to get there energy high to have any open on that terms Or you can use like the in Kenny. No, I am not aware. What are they doing?
But how a collection can manage to get so active and so full of energy even though it is their market? Man, I already told you for me is always the art. I think that they managed to put
together a group of people that relate to each other in a way that they create true bonds. And this is the only way, you know, because if you look at floor prices and deliveries and utility, all of it is out of
of our hands. It's all out of control. The only thing that you can control and the only thing that can create true bonds and a true collection that we will last and that will deliver true value to the holders is
is true, creating true bonds is true, the art attracting the like-minded people. I think that they have a very, very strong community and this is lovely to see, right? As soon as you see that, you
recognize that and you want to be part of it. Sometimes you do, sometimes there's nothing to do with you and what you envision for your life. But I don't know, man. It's contagious. It's lovely to see when you're
community that have through bonds and people through the care to each other and they try their best to make the colleagues to succeed. This is awesome to see, right?
Right, and I think that this is the most difficult stuff to create is create culture and no And culture means more than just like culture means a lot of stuff But I think at the end of the day culture is is a thing for itself. No people
people know when they have culture created or not in the community, and it is very spontaneous as well. I wonder if then you have an opinion on that, then if you have any opinion about what keeps that community alive despite the odds, you know.
What keeps the community alive? Despite like like bear markets or markets going down stuff like that.
The community itself. Yeah, it doesn't depend on that. The community.
And talking about the market going down, Ether has crushed the 1800 mark, right? It seems like we are going up. Yeah, my friends, you were predicting kind of what you were feeling like at the end.
But it persists. It persists. What was not my prediction. But I think advice. No, no. Not giving any financial advice, but I think that
We will still see a deep before the true takeoff. But we will see, of course. I hope not. Actually, I hope yes, because imagine if it dumps and we have the chance to buy it cheaper again. I hope so. I hate this mentality here.
Yeah, this is like what whenever satisfied you know When I would like to go down because I want to buy cheaper and when
We should go up Stop being so hard to please you know And also talk about pumping the dog's out the the dodge dodging this is because dodge dodge being a Twitter symbol being
I hate Dodge. I hope Elon
has something special to the lever now because doing that without any like any other step following up on that will be a very ugly movie. I hope he has something planets like after that like the
you can at least pay this this ridiculous Twitter blue or whatever with or something like that because other than that will be like a lot of people will be very and for very good reasons appointed. We don't know that
a lot of people see the dodge thing as like a culture of stuff, no I mean culture it is not a financial stuff for a lot of people it is a financial investment and stuff like that but first
other person is just like mini culture and how proliferated. And then of the day some NFT collections are about the mean, now is about the mean. What do you think, Dani? Do you think that now's in Dodge have something to relate or are they totally different stuff?
Great question like what a great question No, I like it No, it's because Dodgers only
only a means not a decentralized brand. It is strongly related with memes and memes and of course the coin.
And now it's a decentralized brand, you know, funding ideas, funding, social projects, funding, tech projects, and I cannot see Doge doing it. It is kind of brand, it is a brand.
They don't... They don't probably feel it in a...
is not in a good way. I don't see you because of it. Are finding good stuff as well? Yeah, this is fine. First of all, or finding ideas, you know, doing something, doing good. Yeah, doing good. Yeah, I think you're right. You got a point there when you say
They are not decentralized as nauseous, nauseous colonists and stuff like that. At the same time, nauseous, like, funding a lot of amazing stuff. I don't see Dodge doing this kind of stuff. I think the proliferate the meme is just the only part that
they encounter each other. Beyond that, we don't have a lot of similarities. And Nagels are way better than the Dodge thing. I like the Dodge dog, but it's so saturated.
I don't think so do you think? Yeah, I think the meat is it. I think dark, dark corn is very touchy, too.
I know, yeah, Dark Wings are, but I think that's the funny thing. You know, yeah, Dodge everywhere. Oh my God, I can't see this dog anymore. Yeah, Dodge, more Dodge. I got it. It's like the caramel in Brazil. It's like this. Yeah. Yeah, you can see that way. You can see that way.
I don't deny you that for that. What about you? What do you think Hermes? Do you think any relation can be between these two stuff? To be very honest, I'm not a huge fan of these.
whole Mimi culture because anything can be a Mimi you know it's too too comprehensive in my perspective. We were talking about how art can
create a community, how people can stick together around a particular culture, particular references and stuff. And I don't see a way for that to happen with Dodge. Dodge is a coin, right? It's not an NFT
community is not art-based, but they have their community. Their strength is related to their community. But I think that memes are too comprehensive and they cannot serve as a
a touch point for all these people, you know, because it's the thing for you to say, I don't know, not the same, but I don't know, chocolate, you know, let's create a collection around chocolate or coffee.
coffee or whatever, it's too comprehensive. Anyone can relate it to that. So there's a coach from the incredible that I love when the kid he got in trouble
school because he almost revealed his powers and his mom was like, "You cannot show your powers to anyone." And he goes like, "Yeah, but I would love to show how special I am."
And then his mom said, "Yeah, but everyone is a special. Everyone has qualities and he goes like, "Yeah, so no one is a special." So it's pretty much like that. If everyone can relate, no one can truly relate.
that now has the main stuff with now is not the meme itself. I don't see it like that. I think that the greatest stuff about now is the Dow and how people can build through their ecosystems being like common
common people, newcomers and stuff like that. I think this is the true culture, the true character of now. There's the glass, the meme stuff, but I cannot relate now to a meme. That's how I see it.
And one thing that people are talking about is the meme that the NFT that is also a meme from the memes, the collection, that Elon Musk
tweeted, sees the memes of production and got up in price to I think point to it to for it. What this tells us it is this no inflame
We had this in the last bull run, Elon Musk tweeted something about Shiba or something about Doge and will be everywhere and you will be pumping. Now he is doing it with NFTs and stuff like that.
But it is the boom market coming. This is all meme stuff and culture and pumping stuff because Elon Musk tweeted or some inflation of people tweeted. It is the symptom of the boom market. I am seeing things here.
Yeah, I don't know man yesterday you you made a comparison that I really relate to When you you spoke about the the wave being formed, you know the the sea being pulled it back Like when when a at Sunnah
is about to happen. Something is happening, something is being cooked. We all can feel that, right? I don't know if this is the beginning of a bull run. I think that things are changing. The NFT is market-name
is changing something is about to change. All the collections are going down very hard lately. All of them. You cannot name a single one that are not struggling with their floor price and this is not only because of
of the the the ether pump as I see at least I think that we are seeing we are seeing changes changes coming you know because NFTs were the flagship for a long time and I'm not sure
sure if they will be like that for too long now, at least I see something changing. I am not ready yet to, I don't have an opinion yet on what is coming, but something is brewing, you know.
Yeah, let's see. Let's see how things play out. I have made this comparison about the tsunami stuff because we have been seeing floor prices going down, of good collections, of good communities going down.
Because I think it's theoretical illustration allegory, I would say. Most people are preferring to selling some NFTs to buy Ether and maybe in the future buy the NFT back. So it's a financial movement.
And if you don't change data confirms it and it is not a financial advisor for courses, it will never be financial advisor. But you can have this allegory of a tsunami. Maybe nothing happens.
We don't have a tonight, maybe we don't have a part of them, things get the way they are. But it's the feeling that I've been hurting a lot of people talking about. And let's see how things play out. I think time will tell if we are right or wrong or we are wrong.
just talking nonsense. And the thing is, when you're talking about collections, and they are, they're one thing that NFTs brought to the space, and that is very magical, is that one of the qualities of our, of
money. It is a price. It is a system of prices. It is a unity of account. So just imagine people talk about dollars about oil in dollar terms. It is the called petrol
We have this status quo being changed in the last weekend. A lot of deals being done. Brazil and China are creating some movement. I almost feel glad to see Brazil
I saw some stuff from American media talking about Brazil and Brazil as a large player and I keep thinking that this is happening but it's okay it's a movement that is
is here for like from a long time. It's not from today you know. Yeah I have no idea about the outcomes that came from that but I cannot deny that I feel very proud to see like the way they are referring
to us right now, you know, is great to see Brazil being respectable and being considerate as an international player again, you know. And I think what makes the U.S. media panicking is that we are not
talking about China convincing old enemies of the United States of joining petrol U.S. or not having dollars as their standard. They are convincing allies, so they're convincing friends
Germany, Brazil, South Africa, and I think the most fearing of them all is Saudi Arabia. Saudi Arabia they're doing things on petrol U1s, they're creating
deals of exportation with China in the U.S. and I don't think that this will affect dollars in the U.S. dollar in the short term because I think that as I've been hurting from the banking
After the most thing that creates dollar value is the drives dollar price, it is debt. So if someone contracts debt in other currencies that is not in dollar terms,
Then you have a problem, then you have a penent, then Federal Reserve have a problem there. That would take like most if not years, right? To have a real change. Because there is no contracts of that, there are like 20, 30 years long, you know?
It is nothing that will change tomorrow. But just to explain a little bit, I use it as an illustration to what happened with NFTs. NFTs created like ETH is the first digital asset
Then we came to another ecosystem as well. Solana, the polygon itself has some NFC ecosystem, other other EVM chains as well. But Ether was the first currency, the first money
that have real account, we unity of account or assist a price system because I'm an FTs. So you calculate an FTs in eighth terms. And I think this is magical. This is very important.
are not aware of that but once you calculate your NFT value in eighth terms and not in dollar terms anymore then you have a currency then you have a real currency that is working out maybe I'm wrong but
That was a lot of people think about that and think how NFTs came as an instrument, as an object, as an asset that can be determined in it terms. I think that this movement
interfere in the NFT price because of that. Yeah, I think what I dream about is that all these bots and all these people out there that are the terminate to make money out of NFTs through
through technology or whatever, you know, they find other stuff to make more money to maybe coins, maybe ZK platforms or whatever and they leave us alone and it doesn't matter if the like the general floor price drops
Eventually we will be back because identity is something that is is prime for anyone mainly in the central is it and digital environment like web tree and the internet in general so NFTs are going nowhere but I would love to see
they being like, uh, sweeted by other technology, other asset, other anything in the flagship post, you know, so we can get rid of some of these, this blood circles that we have out there.
Yeah, let's see how things play out. We are here to build more sustainable and a more liquid and a more good ecosystem for everyone. So that's the real thing. It's creating infrastructure for people to
to build and to create stuff that are real valuable to this space. And I think that's it. Thank you guys for being here. Thank you very much. Thank you, Daniel. Thank you guys. Thank you all that people that are listening to while we're using the house, by the way.
but he didn't jump down but he hit to here but let's see tomorrow, tomorrow we can have a lot of here if we can win. - Yeah, certainly.
Have a great Tuesday fan. Hope you guys enjoy your day. Thank you. Have a good day guys and see you tomorrow. Bye.
Bye, much love.

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

Who is the speaker in the podcast?
The speaker's name is not revealed in the text.
What is the speaker's opinion on the community of Ali Friends?
The speaker thinks that Ali Friends has a strong community with true bonds among members.
What did the speaker do at the Hackathon?
The speaker was a judge at the Hackathon and also responsible for the Hacker House.
How did the speaker feel about the Hackathon?
The speaker had a great time and would like to do it again.
What did the speaker talk about at the Hackathon?
The speaker gave two talks - one on hyperinflation of hyperbyte quantization with Gideva, and the other on DAO in the Brazil ecosystem.
What did the speaker mention about his flight back home?
The speaker said he was on his flight back home during the first GM with the text's recipient.
What is the speaker's opinion on culture?
The speaker thinks that culture is a difficult thing to create, but it is what keeps a community alive despite market conditions.
What is the speaker's prediction about the market?
The speaker thinks that there may still be a dip before a true takeoff, but this is not financial advice.
What is the speaker's opinion on Doge?
The speaker thinks that Doge is only a means related to memes and the coin, while NFT collections are more about the meme and also a decentralized brand.
What is the speaker's hope for Elon Musk's involvement with Doge?
The speaker hopes that Elon Musk has something planned for Doge beyond just tweeting about it, like funding social or tech projects.