GM⚡️ what’s happening in web3?

Recorded: March 20, 2023 Duration: 0:33:40

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Hello, hello, my friend Jim.
GM GM how are you friend?
We are looking great, starting in the week, new stuff, another week, another drama. I would always say, "How about you? How was Zikon? How was stuff in Rio, my friend?"
Yeah, it was actually great man. It was awesome to be an event that's not Ethereum-based because man, I've learned so much. There were some amazing people there speaking, amazing people there on the ZCash
system on the privacy system. And as we all know, that's something like privacy, something that we all should care about, etc. So it was awesome to be part of an non-etherian event. I got to confess that the majority
of the pre-earned event that I go from Ethereum or have a huge influence from Ethereum. But it was awesome. It actually was one of the cool events
one of the coolest events that I went because of all the knowledge that I could get and could achieve all the different people that I could talk. It was very interesting to connect with new communities, with the Zikash community, with the NIN community,
the secret community and like we also heard some I forgot what what what is her job but someone talking about or the browser or it is something that's always something
on my mind how it is used in an Etatria and it was cool to see someone talking about it like expanding it saying that they are maybe planning on going on a bow journey they are talking about with Gidcoin etc so it was very interesting I'm not gonna lie
An author from the Deep Web stuff, but at the end of the day they are privacy layer and they do privacy stuff. It's not about Deep Web, it's more about how you can protect yourself.
yourself even with the internet we have to we have freedom but at the same time we are very exposed so it's very interesting glad that you enjoyed Rio and enjoyed Ziko it's amazing to see that happen other other places
players having their own events and having and succeeding to bring their community along. I just want to explain real quick what's happening here, why is it a sweep and flip and not an iffy as host and what is
is actually so careful. Let me invite here Hermes. Let's see if he is, if to this space not hugging him anymore, I think it is. It is still connecting for me. Hermes is doing a lot of the gens and he is not
I'm not able to pay his internet bills, man. Yeah, yeah. You traded your internet for a couple of fts. So I want you to explain a little bit about it. What is now super flip? You can go directly to our beta task.
Now we open to everyone to interact with the better test of Zip-Inflip. It is www.batter.sip-inflip.io. And I just went to explain really quick what it is.
It is an aggregator that creates the same feeling that you have when you use Uniswap. So when you use Uniswap, the trading tokens by year C20 trading tokens,
Unisop. You get the cleanest experience, this experience of buying and selling in a simple, simplified checkout. You don't have graphics, you don't have a bunch of other stuff that can maybe confuse you.
You have what you get. It is a simple UX-based checkout. What Shipin Flip is bringing is first we are bringing the surface like the aggregator stuff and mainly
the experience and then we go to the infrastructure. Today we are building as well. It is based on an AMM. We are doing an AMM, a little bit different from what is in the market, so the soft stuff and the essential ideas
how Uniswap would do an NFT platform if they did from scratch. And we are doing that and we are doing this in real time. It is built by the team that it is on NiftyFi. So it is like NiftyFi.
the home of super flip but we have our own discord for support for feedbacks and for commenting flip stuff because our main public it is flippers main users would be flippers because they are more involved on trading and
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Yeah, so I'm a Dejin, but I'm not an FTP creeper. I've creeped some of the FTPs before, but the majority are like small FTPs. I consider myself more for Collector than a creeper.
But of course like we always know that some opportunities get on our door and we can ignore Especially I like some opportunities that Hermes send me He always he's the truly the gen of the of
of of of 55 yeah, I really we should have that he was here but man like come on like nobody can say that he didn't like he or she didn't flip NFK's man like that there is like some magic things happening
And when you see an opportunity, you always try to take advantage of it. I have played some of the FTs before, but nothing like a BART-A or a ZOOKI ones.
It's more ones compared to with this all this size and etc. But I always try to keep a close eye on some collections that I like and some collections that I consider to be undervalued right now. So yeah, that's my day.
Do you know that most flippers don't admit their flippers? When they have large profits, they admit their flippers, but okay, they are professional ones at flippers. People that work with that daily, daily basis, and they have people that
like good old opportunities. What is the, I am curious now, what's the difference between the Jans and Flippers for your quitting? What's the difference? I don't know me like at least from my side I consider myself more of a vision because I try more through the
protocols and like defi apps then NFTs only because I understand more and I'm more part of the protocols like try different protocols and like later on the near Tuesdays then to like to do the same thing basically on NFTs like
Because basically with NFTs you have to have some liquidity and you have to understand a little bit about collections. I'm not like a researcher on NFTs. I'm more of a DGN or like a collector.
I'm not a guy that keeps entering different communities on this court and trying to stay where they are beauty and what they are not beauty. For example, I bought some other inference. I think it was in the end of last year. I don't remember exactly, but I bought it because I liked the community. I saw that they did
a lot of directions on Twitter. I saw that they were building something interesting. That attracts me more than just to get on 15 different Discord servers and try to understand what they are building, what they are trying to accomplish, etc. But I had someone who
Basically, it's on Web Tree all day, every single day. There is no way to not keep an eye out on some of the FTs. I have some mouse strategy that I don't recommend anyone to follow by the opposite actually, but the FTs that I've
I saw that they were training on some marketplace, that they were with high volume. And I bought because of that, like, we thought doing any research. So I don't know, like, maybe I can consider myself an NFT-D Jam, but not an NFT-flipper. I don't know. I don't know.
God, it does. One thing that is very interesting is that I have some collections that I do flip. I have a theory. The theory is that each have a lot of...
pump and goes up collections actually lose value in eighth terms and when this happens is a very good time to watch out for these collections that you like, enjoy, that you know the communities
strong and when it is going a little bit down on sideways, the NFT tends to be like to have a time, a delay to go up again in eth terms. And because of this,
lay in dollar terms they are cheaper. The cheapest from a long time, they are in their low historical low outside. And it's the best time to buy. It is not because the community
had the foot or a step like that or some collectors doubted it's just because they're correcting the price. You know you are doing an arbitrage. It lasts for days like one or two days maximum but it's perfect when you do that. I did that
with Norse and I did flip it to 2x, 2.2x, so stuff like that, a little bit more than 2x. And it is very satisfying because you didn't
It is because of arbitrage, arbitrage during an arbitrary movement to correct prices. The collection is not going up or down really going up it up, but in the prices stuff they are doing that. And this is very interesting to do.
like doing that because what it is a way of making money to it is a way to support a collection as well because you can arbitrage stuff and arbitrage correct prices entry is a natural movement when you discover that you can't do it on
time you can do it every time that you see if bumping or it nothing. You can identify this pattern and do this. Of course we will not be like every single time that happens if that if bump
maybe you will not have a pullback, maybe it continues to pop and pop and pop and pop and never ends to pop. Sometimes it happens that, sometimes I don't, and most of times I don't. And it is the perfect time to buy or to sell or to trade or stuff like that, to
to flip, to make a transaction, complete terms that you buy and so on. At the end of the day, it is not my focus. I think that I'm a collector as well. I think most people like to think they are more collectors than flippers. I don't know, maybe I
I will consider myself a collector because most of the NFTs that I buy I want to hold them for a long time But at the same time, what I think it is it is great with NFTs is the possibility that you can Go to NFTs don't don't
don't get old, you can go buy an NFT, be part of the community and when you okay I like this community but I'm not enjoying them anymore or I don't know I have passed this phase or stuff like
that you can always exit, you can always sell it and for most of the time you can recover the price or you can even sell for a profit. So I think this is the marvelous thing about NFTs, you are owner of something and you get
Then when you back, if you want to sell it and want to you exit, you know, so I like this person a little, you know, you're buying stuff and you are enjoying this stuff and then you can sell and all the people can enjoy it as well. So I have, I have now this mentality
life. It is strange but it happens. When I see if this makes any sense. When I bought my tennis racket, I did bought a tennis racket that I ate.
knew it's that the value would go up or will stay the same price because it was imported. So for people that are not from countries like Brazil, most of them imported get more value with the time because of dollar
prices, stuff like that, they get valued in this cars and then the local markets and they get evaluated or sometimes they get the same price that you bought for a few times the
lose price but most of times don't. And when you do that I started thinking about things like that or PC. You can't always do this mentality, you know, you buy and you can have an exit playing, you know, a
that you can recover your money and buy something else with the money and meanwhile you are using the product assets. And I think the NFT is introduced to me to this mental model or to think about this makes sense quickly where it's also
I don't know me, I think at least for myself, I end up getting some close connection within a piece that I buy. The majority wants I buy, trying to be part of the community, trying to get together with some cool people.
I'm not saying that this is right, this is maybe wrong, but it's something that happens. I see myself like, man, I'm not able to sell this. Even though some of the FTs are a problem that I have, I probably should sell because I'm not engaged in the community or
anything like that. But there is something like personal, some like human emotion that don't let me do this. And I don't know, I think that's very common because we end up like creating some kind of connections with the NFTs that we buy, at least I
I always try to connect with the community and NFT itself. But I think that I should not do this. I cannot control all of my emotions.
everything is so new everything is so so crazy that sometimes you end up like trying to see yourself in that community trying to see like how can you like enjoy the community and at the same time like earns money so yeah it's hard me like it's hard we're
enjoying your things and trying new things at the same time that we should be thinking about money but at the same time not thinking about money so we have a lot of things to consider. At least myself I'm not able to consider everything that I'm buying. Most of the time I
I like the art, I like the community and that's where I'm going. For example, my adding friend, I could sell it, but I don't want to be like, I like it, I see, I cannot explain it, but I see myself in that NFT today. It's weird, man, it's
very very weird if I talk to you so if anything that's not on my pre they are probably going to laugh about me I talk with some friends last Friday that I bought some NFT for like more than a hundred dollars and they were like man come on I you are you kidding me like you bought an and Jay bag for more than a hundred dollars
like what have happened and like they are not able to understand this and I am not able to explain to them everything. There is something that we all don't understand yet but at least for me make sense in my head.
Yeah, totally. I would say that you are very right in the how you did the mental model to buy an FT.
If you like the art and you like the community, first of all, is a PFP or an organic access to a community.
is the best way to go for it. It is if you like the art and if you identify with the command day. Most of the time the command day is strong but you don't identify with that. Just for... I'll say.
Quick, quick off-top care. Most of bar-apes that I know, people that have bar-apes, don't really identify with the bar-glide with the community itself. Nowadays. So they like the art, they like the start of the community
but nowadays they don't really like to come anymore. Of course, it is a giant community, you can have a very niches inside the community, just a matter of finding them. But it's in fight, this is the right way to do it.
you go for what you like because if you like most of other people can like as well it is a pattern, it is a human behavior and then the day. If you like it is probable that other people would like as well and what I do it is
I always give this example with NARS because from here it is the golden standard of what you can do with NFD. For me it is cheap, it is tradable, it is a good collection, it is part of NARS X system.
And what I do, I don't sell the first NARS that I bought. Never. I will never sell. It is one of the I acquired in the auction, in the NARS auction. I acquired very, very cheap like, is was 0.0.
to. And the stuff was that this one, the white yaddy, I would never sell it. The other ones that I buy and sell and sweep, okay, I don't have attachments with them, I like them, but I
Most of the times, based on traits as well. But for me, they are assets, they are enjoying because of Mars is good and straightable and the community is good and the art is good. I know that the collection is sustainable.
It's financially sustainable, so I can trade them. It is not like other collections that I just pump and dump stuff that I don't get any value at all. I know that Mars if I don't sell right now, I can sell on the
I know that in time will be evaluated. Other collections, I'm not that sure of that. And I think there are fewer collections that have this feeling that, okay, this will go
up in time. Most of the conscience don't have this this feeling and I don't want to get an NFT that have like that dark sex in my hand because I don't want to be... I
had in the past with NFTs they're not very good I didn't like the art, I didn't like the community but I was buying just for formal and volume and I ended up stuck with them I don't want that anymore so because of the
that I do this with fuel, communities with fuel, and FT collections that I really believe in. It is the ones that I trade most. I don't know if it does make sense, but for me it is being playing a great role so far.
Going for the little bit Just one point like that's interesting because like I saw Snoop Dogg video this weekend where like there is no dog and there is his board a someone someone using like a
Fantasy of his board a and man it's crazy because like We connect so much with someone ft's that we buy that we fight that for example they are trying to create some kind of persona for These nft and it's not done doing that m_n_n_d the same thing a lot of people doing
Something similar so men like people are connecting with their NFTs and trying to like expand that from just being an NFT for example So the dog named did a whole like music video with their bar tapes and like they they presented on Gram is I think I I'm not remember the event that they
But we are trying to go way beyond and just be an NFT and I'm not saying just because that's a bad thing but we are trying to like a lot of people I consider myself doing the same thing but not as huge as it's not a bad ending but people are trying to do like artists
For example, we saw that someone is creating a board-ape restaurant where people are creating a band. And that's interesting because we are not staying on the NFT park. We are trying to expand time to create connections. You can say better than me, friend, but
We are trying to create some kind of like how can I put this for example on BR Punk I forgot the name of the description of the name of the punk I think it's 4706 I maybe wrong but is 7604 yeah I
But man, like we are trying to do all other things than just being on NFT, trying to create some personas, trying to put some kind of influence over that NFT as like 65, as about 65.99 do the same thing. And that's very, very interesting. But please, friend, go ahead. I was just wanting to comment this.
Yeah, it is part of your identity there, and it is the most important thing right here. It is how you get your identity out, you know, how you play the game.
how people recognize you as you play the game. Just going a little bit forward here talking about NFT market infrastructure. We are bringing some stuff for the NFT market that can
unlock a lot of stuff. What are your thoughts on AMM and how this can unlock? What things you can unlock with DeFi applications in your FT's? What do you think?
It's interesting because we always know that everybody knows that OpenC is in the best market place right now but still one off if not the biggest one. We know that Blur got a lot of market share of OpenC but I think
open sees to the biggest but we always complain about it we always say bad things about it that is centralized that does not have a token etc etc etc but like we have some other options have some other amazing options and I like these new these new
trend of using auto marketplaces, using agributors, using AMMs because it gives you a better experience. You can buy NFTs for cheaper price, you can see collections, you can see trends and etc. So I find it very interesting.
It's a huge market and for myself personally, I really would like to stop using OpenC, like just OpenC. I know it's the biggest and et cetera, but I have a lot of complaints about it. I don't think it's like giving to the users the best experiences that they could.
Yeah, exactly. That, that the thing we, we are seeing things on FT markets and how platforms can improve. And that's the big thing. It's not about winning for winning is it is doing the best
for what the user or the ecosystem will enjoy the most or be optimized by. And I think it's that the point. One thing more, we have our calendar here. Today we are doing the first GM of the week.
as superfluous as host. Today we will have a Twitter space in Portuguese as host with our comrades, Bankless Brazil and of course Nifty Fie, Nal's Brazil and Ith-Zenva. It would be in Portuguese and is Brazilian
We have two townhouses in this week.
Portuguese and we have one in English. Why do we have in Portuguese and English? Because we have a community in that is Brazilian and the Portuguese speaking community and the one that is in English so we will do both townhouse. We have the Portuguese townhouse
in Wednesday, March 22, 7pm, GMG ministry, and we have on Thursday, March 23, the launch party in English, it is 5pm, ESD. So, or
So you can follow up the calendar. This calendar is just for this week because this week is the open baddest. Thank you guys for being here. Thank you, Gudi. Thank you.
Hermes, Gabi, Hafe, Bruno, they're here in the end of Brazil, here in the spaces, it's always great to be with you guys and let's rock this week. Thank you guys. Thank you, thank you, have a nice day everyone.
Bye. Have a nice day.