I'm on web 3, and it is what it seems, top in the pyramid, I'm telling ya, I sell you a percentage on Nebula, so this yo set it up, surfing on
the web and I'm shooting at 3, I've been golden when I got my T, I'm an elegant boy,
from a different planet, yeah, so I got my drink, I'm riding in the 1920s model T Ford,
car, era, lord,'m playing on the keys, boy
Can I block them from the gloves on?
If I said it, then I meant that
Yeah, I like that one, I'm about to get that
Crash that whip for the drumsticks, whiplash
I'm about to get them all, are you with that?
In a white boat, surrounded by blue
I want one, but I got a cop turned
I wanna fly high in the sky
Arms out wide, tryna sewer
I'm on fire, Ricky, Bobby Cracking the pavement, Whitney, wide, tryna soar, to my bird type view I'm on fire, Ricky Bobby, cracking the pavement, Whitney Bobby
I'm a Saki Bomb, Hiroshima, Nagasaki
Bruce Wayne been a dog, and I keep it 101, cause I'm feeling kinda spotty
Sippin' on some rock and I'm sippin' on octane
The only thing around my neck is the block, you know what?
Now I got coin, I see where y'all goin'
Been poppin' since web 1, hella hooked on web
2, I was livin' a dream, now I'm on web 3, and it is what it seems, top in the pyramid
schemes, I'm tellin' ya, I'll sell you a percentage on Nebula, shout out to Vizio,
NFT, Twitter, blockchain, TM with the ghosts and we ballin' like the brown jay, crypto,
crypto, we can make a trade, get the memo, but feels not falling for the FOMO. Listening to coffee with Captain.
You know we worldwide ain't local.
I ain't never gon' stop rapping.
Orlando, yeah, we workin' magic.
We rockin' Ethereum in a tease.
I just went and caught me a half bass.
Man, I gotta shout out the 40.
Been poppin' since Web 1.
Hella hoops on Web 2. I see where y'all goin'
Been poppin' since web one
Toppin' the pyramid schemes
I sell you a percentage on Nebula
Shout out to Vince, yo, set it up
Breaking them all to choose one
But they got knowledge to move, son
I'm shockin' in shades with my brother in shoes Yeah, them blues is comin' Even though it's hard to pick Welcome to Coffee with Captain, powered by ApeCoin, Take a gas and a bribe when my brakes off. I'm A1, but a different kind of steak sauce.
Welcome to Coffee with Captain, powered by ApeCoin, where we dive into all things crypto,
NFTs, web free, and technology.
Remember, nothing here is financial advice.
Early stage tech can be exceptionally volatile and risky.
So grab your coffee and join Cap and Steve for today's conversation.
Welcome to Coffee with Captain GM, GM.
Thanks so much for joining us here.
If anyone does so, do us a favor, drop us a GM in the chat down below,
then head up top, smash that like, repost, and bookmark on today's space.
We greatly appreciate it.
It does warm up the algo and does us a real solid.
While you're up there, head over to Abstract, drop some GMs in that chat over there,
stack that Abstract XP, send Steve a tip today. Head over to YouTube.
Actually, we need to look into that.
I think we can turn on – we definitely can turn on tipping on YouTube, but haven't went that far.
But nevertheless, head over there, tipping or no tipping.
Head over there to start stacking your XP.
No idea what it's for, but I don't know.
I wouldn't be sleeping on YouTube XP if all you had to do was go like and subscribe to the show and drop a GM or two.
So appreciate all the love, helping get things warmed up here.
You'll also find the video feeds live on Steve's account.
And as always, warming up this audio spaces is where we really appreciate the most help.
So again, if you haven't done so, head up top, smash the like, the repost, the bookmark.
No one checks the bookmarks anyway.
It does us a real solid. As always, I'm Cap, Joe Momico, Steve, never any financial advice on the show.
Crypto is risky, and if he's a risky coin's acceptors good is your moment's notice
know that steve and i hold tokens we'll talk about from time to time here on the show we are not
financial advisors certainly not your financial advisor don't join us for that just join us for
some fun some information and a little bit of education along the way gm steve how you doing
sir gm i'm doing all right i'm doing all right uh had a uh a nice little weekend. Got some stuff done. Just figuring things out.
Things busy at work for the wife.
So just trying to make sure that she feels good about everything that's going on.
Kind of just watching the market.
Had a, I thought, innocent quote tweet yesterday that turned into some battles.
Because anytime anything does over 10K views on the timeline, you're just going to get
absolutely, you're going to have some
mentions who are going to be not so nice. So it was
an interesting day yesterday in the trenches. For the
most part, it's a pretty good, respectful discussion and
some discussions about what's going on. I know we had one
as well. Maybe we'll hit on that this morning. But
As always, like Cap mentioned,
like, retweet, comment on the room.
Obviously, we appreciate the tips in the abstract chat,
and we've been getting those a little bit more recently,
Before, I couldn't buy a cup of coffee.
Now you're good there if you go to a fair price of local coffee.
I feel like it's on its way to a steak dinner soon, Steve.
Every time I send it, it's like, oh, it is...
Pingu and Rekt seemingly are the up-only coins of the cycle.
I do have a little bit of a hot take. Let's get right into it.
Also, real quick before I get into it, though,
I just got to pace a moment.
I don't know what Just the Tip is about from my guy, our guy Dano, in the chat.
My friend, Chad, who passed away, had a brain aneurysm a few years ago,
His band was called Just The Tip.
I'll explain after the show if you really don't know what it means.
I mean, I know, but I don't understand it in the context of a GM in the chat,
but I'm very familiar with what most people reference when they say Just The Tip.
But yeah, my buddy had a band in New York.
And they still to this day, I'll see if I can find some pictures because his band made still, um, you know, still rep, still pay homage. And you go to like, there's some
establishments in New York where they've got, I actually saw a picture recently. Uh, there was a,
you know, they're like just the tip band signage was, was still hanging on just some bar tabs at
a random bar in New York. So rest in peace, good guy.
And just a reminder that life is short.
Enjoy your time here and don't take life too seriously.
I have that all the time when I think about actually it's, it's, you know,
interesting you say that like, um, uh, I,
I actually have that all the time when I think about, um,
certain people and, and like one of my friends recently
And it's funny because it wasn't actually a super close friend, but it was someone I
liked a lot from my old job.
And I think about like literally probably an inside joke comes probably comes up once
a month at least, sometimes once a week in my mind.
And I'm like, oh, I got to text Rick.
And then I'm like, oh oh and like you have those moments
where you're like i don't get to do that anymore i actually had a discussion with dawn this weekend
real quick while we're um i guess while we're we're we're cold opening in this again like
retweet comment to the room it helps us uh a ton uh to uh uh to get things going especially on the
x space which can get a little sticky at times it's funny you say that though because my um yeah man my uh my friend uh or dawn over the weekend actually said she had a friend that she
came up on her time hop she's a big time hop or i'm not as good about it anymore i don't even
so my stuff's connected so funny you say that my one of my best friends who was
chad who was referencing his best friend, they lived together all through college, and he is a big time hopper.
He's also like the friend in our group that had,
he's like the admin behind, I kid you not,
like probably a dozen different group chats
from our pickers thread to,
I mean, there's a group chat that's just for our buddy.
Like we put a bunch of people together during his services,
and it's still like every few months, someone, you know, find something or say something. And
yeah, it's just, it's funny that there's something there inside some people that are just really good
about, I don't know if it's an organizational trait or what, but he is like all his, all his
photos are indexed. Like you go in his home and you can see like his iPad, it's got, it's just
like, he's done an incredible job with documenting his life and he's like if like if we were to ever plan a
golf trip or a vegas trip it would be my buddy nick who would be organizing it and he is um i
don't know the common thread there is is he's a time hop or i'm a i'm jealous of people like that
um because i do horrible with that thing um but no i i actually like it's
funny like i truly believe this every friend group needs one because it's they're the glue
like i've got another friend jared who just recently had a uh a weekend and uh apple valley
which is just north of columbus like nice lake and um he's got a home there and it was like a
mini reunion for like i don't know 20 or so of our college buddies. And it's, we get so busy as adults.
It's so easy not to do that stuff, right?
There's always something to go.
And I was supposed to go.
And then this was actually around the NFT NYC.
And I'm like, I just, I got too much going on.
Like in hindsight, like I could have made it happen.
I could have got to Ohio for the weekend.
And, you know, you can't do all the stuff.
I would just say, if you're ever close, like my buddy says, hey, if you're ever in Columbus, swing by, say hello.
Like we may have a dozen opportunities to hang out the rest of our lives.
Like that's kind of crazy.
But you get our age, even it's like there's people I would consider close friends that I may not see 10 times the rest of my life.
I mean, take away from that two things.
Be more like the kid in you that says yes to things.
My daughter's a big say yes person.
Like our friends lost power because the trees were down and we were like, do you guys want
to come over and hang out?
It's like 11 o'clock at night, but like you guys have nothing to do.
You're without your power.
You can sleep here if you want type thing.
Their parents look close by.
And number two, actually the Dawn thing was funny because it's relevant.
If you have a friend and you think about something i know this sounds very
corny cliche but like dawn was going through the time hop uh and she found her a time she went to
an ed sheer concert with a friend she's like oh my god i can't believe it's many years since we
hung out what a great time and her friend texts her back she's like i don't know if you realize
this but i actually needed this today because dawn said some nice stuff in it and she's like
we should hang out again soon.
If you're thinking about it, just say it.
Like there's very little downside to saying, oh my God, I just randomly remembered that time when we went and got Chinese food in San Francisco
and it was ridiculous, yada, yada, yada.
So let this be your sign of the day that if you're thinking about a friend
or a family member, do it because you never know when that opportunity
it might go away. Like I said, my buddy Rick, I think about
inside jokes regularly and I go to text him
and I didn't text him every time I thought about it.
Now I can't. So, just something
to think about. But, Cap, a lot
I'm going to go ahead and be a wet blanket for a split
second here. And it's not
meant to be a super wet blanket,
but I have to do this because I've been thinking it.
I've been saying it in the DJ Network War Room.
I think Rekt has a lot of room to run still.
I am a big holder for me of RektCoin.
I wish I had gotten a RektGuy NFT the 50,000 times I looked at it
when it was at, like, 0.5 and below.
I am a fan of what they're building.
I love that OSF's building a real business.
I like the product. I drink the OpenSea
I was drinking a couple yesterday. I'm a big
This is not sustainable. Like, it is
and everybody knows like at some point the music
stops. But at some point, you're not going to get like $700 for buying a $60 case of,
right now it's great and we're very early,
but like at some point the music stops here.
we run into this trap with NFTs.
We run into this trap with coins,
you know, wreck world domination.
I believe they can be a successful brand.
I know you have said billions.
But, like, doesn't it seem like one of those things where it's the say it out loud.
Your monkey JPEG is worth $500,000.
monkey jpeg is worth five hundred thousand dollars say it out loud you're buying a 60
case of beverage and you're getting 800 whatever the number is now from the uh jupiter drops which
i i have a whole beef to like no it's not stopping me from buying more it's not stopping me from
supporting i'm not selling right now but it like it's gotten so wacky because of the run-up since like the buy and i know they'll
recalibrate on cost but like at some point the music stops i don't i disagree man it doesn't
have to stop this is sustainable what will stop i agree you're not going to buy ten dollars and get
five hundred dollars back i do agree that will slow down at some point but yes this is absolutely
sustainable to buy ten dollars and get ten dollars back one time. Like this isn't new people, brands and business have been doing this since PayPal and Dropbox.
And it's very much sustainable.
And because of the, because of the value accrual, because of the higher market cap, they can sustain it for a lot longer now.
You know, it's like we talked about proof had 17 years of runway which was absurd it that that's
about the same amount of marketing budget that rect has now to continue this flywheel like it's
just it is sustainable it's it's not like i agree like the idea of going and buying 69 drinks and
getting i'll check right now what the uh oh my god I can't wait to hear it. Cause this is, I think we agree. Like when I say it's not sustainable, the reward system is
sustainable. And I think that that's an interesting one to talk about if they're done really well,
right? Like $69, $69 drink purchase on the Jupiter drop is now $488. Even more exciting
is the $10, the $10 at seven 11 is now $375. So someone that bought $10 at 7-Eleven is now $375.
So someone that bought $10 at 7-Eleven and didn't cash it out,
they now have $375 in their wallet.
Is that going to happen forever?
But these people are early.
But it's like being early to a publicly traded company that ends up worth millions, hundreds of millions of dollars.
People are like, that's not so simple.
You can't hire an entry level person, give a million.
But if they were one of the first people to do it, it just, it, it scales with time.
And I also think that our minds are so warped here because of the, just the crazy numbers
we see from time to time that some of it is speculation and hype and you
add that into something that's real it's just like i i do not think many brands are going to
launch a brand coin and it's going to rip up to 500 million dollars but they don't have to
like that's in like wreck drinks is a small medium business like it's a startup small medium business
i don't know hardly any small medium businesses that have a $50 million plus marketing budget.
Like it's, you don't need that.
Like if a brand coin runs up to $10 million, that's insane.
That's phenomenal for a new startup brand.
And I just, yeah, I don't expect people to be getting 37 X's off a $10 drink, but I do wholeheartedly believe that they could run this.
drink but i do wholeheartedly believe that they could run this you buy ten dollars you get ten
dollars back for the next i don't know decade like it's just like while they're in growth mode they
can they can do it right like that is that what you're saying is like while they're in growth
mode and they're trying to say we want to be the next red and then once you hit once you once you
break into that mainstream zeitgeist and you're you you're on shelves next to not just in seven 11, but you're,
you're next to liquid death. You're next to Red Bull. You're like,
then they don't need the incentives,
but the incentives are an insane, like shot in the arm, a Kickstarter,
whatever you want to call it. And yeah,
I think they can absolutely sustain this keep growing until they get into the
point where they don't need that anymore. It's just like, I don't know.
I don't think PayPal gives you a $10 referral bonus anymore.
But a lot of those companies, they use it to get started.
And then after they achieve scale, they discontinue the programs
because they don't need to pay for new customers.
But yeah, I think they've got a lot of legs.
And I think we're going to see a lot of others look to,
attempt to replicate this model.
I actually think they're one of the better community-based obviously we talk about like community-based brands with real businesses
which gets me excited um and there's like the quote-unquote boring ones like proof of play
does rngs although pirate nation is a great game um you have but like when you think about the
actual sort of retail facing brands it's sort of like wrecked is on there and the penguins are on
there and um you know uh we see uh spencer and ocg which is on there and building like real sustainable true businesses
that like i can translate to people i can translate to like 45 year old soccer moms like that is like
always my people like kind of laugh that i always bring that up if i can translate a business to a
45 year old soccer mom by the way 45 not old anymore. Cap dropping thirst traps over the weekend.
My goal is now to be in better shape than Cap by the time I'm 45.
I got three years to get there.
I posted some pictures in the war room this morning where I was pretty beefy and low body fat
that I could have competed.
Cap, I've never seen fat Cap either.
You want to see a humbling picture
i'll pull it up like this is oh my god like and by the way respectfully not trying to you know
i was fat i was i was frumpy i was unhealthy i was sleeping like shit and i mean it looked like cap
eight cap and then eight cap again like it was crazy like i've never seen you that big before
my face like just my like forget like the man boobs my face was like oh my god like i've never seen you that big before my face like just my like forget like the man boobs
my face was like oh my god like i and when you're in it i don't ever remember feeling like that
puffy and fat like and i'm not like i'm not i'm not fat shaming anyone if you're like everyone's
different i have high metabolism it was inexcusable for me to get so far out of shape like i just i
do have high metabolism i'm i'm very fortunate in that regard. And it was just, it was, it was truly, there's no excuses for me to get so far out of
shape other than I just, I wasn't working on anything. I wasn't caring about myself. I was,
you know, I fell to the forest of a nightly nightcap and thought that was helping me sleep.
And it wasn't. And it just, it was a compounding that poor to poor health decisions and shit adds up man like you
can't when you're younger you can just power through it and and you're you say you say fine
when you start aging like your body just slows down yeah there there's the moves yeah i mean
it's not like anybody would look at that and be like oh my god that guy's extremely large but
compared to what i see now and what you posted the other day um you pull up your thirst trap
now if you want to really just let people uh let people uh just for the uh for the ladies out there and then
and the men you know what i realized what this made me realize is i got a lot of compliments
on my back i i just i don't ever think about it i don't obviously don't look at my back ever but um
the next thirst trap might be a might be a full back shot. I've got a picture that I was thinking back in the day of my back, and I've got wings.
But anyways, got off the rails there for a second.
I guess my point being, I agree.
That's interesting to think about the growth strategy.
The other thing that I think Rex has done a tremendous job of, because one of the things,
and I wrote about this in the book, this is the point, is when you build a community-based
brand, if you do it really well, and look, there's a lot of factors come in.
Holders can be unreasonable.
They can be a burden at times, right?
And anybody who's worked with, on,
or talked to teams understands
that there are unreasonable holders.
And I get in arguments with bag holders all the time
if I just have a take that's disagreeing
with something that a team did.
if you create a really good
community-based brand it is such a super charge because not only are all these people excited
about the brand which is in and of itself an intrinsic value they're making these people rich
or at least making them money like right now like bag bias is very real we try to be honest about it
on this show like we're like hey like one of the reasons I don't feel as bad about Pixel Vault,
even though we are critical, we are hypercritical of them on this show
with everything that's gone down, is we don't talk about it as much.
I admit, I did well on Pixel Vault, so I have less of an adverse reaction.
I cover it as a person covering the news and talk about what went wrong
and how I didn't like it.
I had a whole paragraph about it in an about over financialization but generally speaking i did
well and with wrecked it's like people feel good about wrecked they're going to feel good about the
fact that you got like i bought two cases of the open sea drink to your point right now by the time
i get that because they did a vesting schedule which turns out it works really well people at
the time were like, oh no.
I may get $1,000 for buying two cases of drinks that- Imagine people who bought crates.
Those people are locked in, man.
They are going to be brand ambassadors for a while.
I can't believe I only bought two.
I remember looking at them, though.
By the way, I think we need to get our-
If you've not set up your Binance US,
I think today you have to get it set up by today if you want to participate in the next one.
Put a bookmark in that for when I finish this thought because I'm pissed at Binance USA.
Because we live in a country where our president and first lady have a meme coin.
But I can't set up a Binance USA account to go buy my rack because of the state I live in. Whole other story.
But Yemen, I literally will give open-sea sea drinks they go actually really well with tequila if
people want to have a drink by you know on the patio and people are like this is good what is
this and i explained it to him and i see the like someone saw my friend saw the case on the ground
and he said what's that and i explained i go oh i got at the time I was like, I got, I think, $40 for buying that case
He's like, oh, that's pretty good.
I don't know, pretty good deal right there.
And now that case has gone 10X from there
and it's like, I'm going to get
potentially $1,000 for buying two cases of this thing.
It's just a crazy phenomenon.
that comes to a stop at some point.
However, the idea that you're,
like, I didn't even think about it
the way you thought about it.
So I was thinking at some point,
the numbers aren't going to number
and they're going to have to continue
to the point where it's like,
they could probably do the math
as a growth strategy, especially with crypto native people, and continue to grow in the sector through this sort of wave marketing, going through the different sort of partnerships they're doing, making those things happen.
that happened because of like that not might have happened because of paul v captain it was like oh
it was a husker mentioning um i wasn't at husker saying uh pengu and and wrecked and then osf
responded with the penguin penguin gift yeah so yeah penguin gift so so who knows but if they
continue to do this wave marketing and selling out their cases like eventually like yes the numbers
come down which is my point but your point about it it like, so what if it's one for one for a little bit?
And then maybe it's a little bit less,
but by that time, people who bought pallets of these things
and got tens of thousands of dollars in token
that they either sell or don't sell,
I mean, I don't know, man.
It's got the chance to be one of the major, major, major
breakout crypto brands, and it just gives me the tinglys thinking like somebody building a community-based brand the way they've done it and
continue to double down yeah agreed um exciting i i think um yeah i mean they are crushing it and
i still think it's early man like they they haven't played all their cards yet like it's
they're really just building momentum they still don don't have all the attention of all the, despite, like, some now absolutely have gotten vocal and loud about it on the timeline.
But they still don't have all the support of CT, which is kind of wild.
Because Ovi is well-respected.
I don't know if it's people just sideline.
I don't want to give it credit.
But, yeah, I think, I mean, success begets success as well.
Like, this is a real success story
and as more of these stories
start getting out when that Jupiter
claim goes live, that's like a whole other
it's a whole other event to
fly where they have gone is pretty impressive
So you can't use another address.
I can't even put my address in and make it work.
And look, maybe I'll have you or someone buy a case,
You need to send me the case and all the things.
It sucks to miss out on, but it's also, it is what it is.
It's just, it is such a frustrating thing that America,
like this Elizabeth Warren quote over the weekend,
this feels like months ago,
but I saw Elizabeth Warren,
a bunch of people calling her Beth in the comments,
which I thought was kind of funny,
because I haven't heard her refer to as Beth.
People are like, calm down, Beth.
Time to get to bed, Beth.
I thought it was kind of funny.
Elizabeth Warren last week said... What's better, Beth or Liz? What should we call down, Beth. Time to get to bed, Beth. That was kind of funny. Elizabeth Warren, last week,
What's better, Beth or Liz?
What should we call her, Beth or Liz?
She goes, I saw this from the crypt.
It was July 25th. Seems like ages ago
at this point with everything that's happened.
the American people pay the price for the Genius Act.
The Democratic senator criticized
the crypto industry lobbying, drawing comparisons to legislation that impacted the price of the genius, genius act. The democratic Senator criticized the crypto industry,
drawing comparisons to legislation that impacted the bill of 2008 financial
There's some hilarious things about that,
remember the Japanese soldier who kept fighting world war two,
29 years after it ended because he refused to believe it was over.
That's Elizabeth Warren right now.
And the other thing is like,
it frustrates me because the top five most valuable companies on the planet are American
tech companies. It is the thing that we do well here. And we have done nothing but toss headwinds
in the way of companies, brands, and industries making this happen. We're finally getting some
headwinds. It's like, at some point, you just need to capitulate and call it a day because
these things are passing. And the best thing that can happen are things like the genius act the best
thing that can happen are the the ability to put in real goalposts and regulations because large
companies when i worked at progressive it was completely different they were an anomaly they
wanted to be in front of the curb and try all the new tech when i worked at nestle like we would have
conversations about things and they'd be like yeah but, but we're Nestle. So we can wait till the trend actually has real
things that don't get us in trouble. And then we can move in and dominate or buy someone who does
it. A lot of large companies operate that way. If you want tech startups to be building and
creating billion dollar companies in the AI and crypto sector, you need to create goalposts that
they can work within. And so, I don't know.
But the fact of the matter, I guess going back to just,
there's my personal complaint, is like,
it is nuts to me that I can't set up a Binance USA account to go buy Rekt
because I live in the state of Ohio.
It's absurd. It really is absurd.
One last thing on Rekt, and we'll get to some other stuff here.
We've got a couple guests today, as well as a market update and and bz claw we should
try to do the bz clog and we're gonna give it another go um we're gonna have to get at it soon
then if we're gonna do bz claw market update and more you know we're gonna we're gonna have to go
hyper speed here um but one last thought on wrecked and this is part of this flywheel i'm
referencing is it's you've got the the equity holders who are who are vested you've got community
members who've been holding their wreck guys from from mint and and holding all their their is you've got the equity holders who are vested. You've got community members
who've been holding their rec guys from Mint
and holding all their allocation they got with that.
You've got this new wave of entrants
who might've picked it up with a recent drink.
Beyond that, I just saw this from Rect Avocado.
I'm not even sure who's interviewing Ovi here, but
the question, when you need to raise money for larger Rekt drink runs and inventory,
where will you raise it? His answer, good question, Rekt trillionaires.
It's just like, this is how you build in crypto. This is how you build in public. This is how you
build and bring your community along. I'm not glazing. I honestly
think from everything they've done, it might be the most comprehensive, best attempt at building
in public with your community and bringing them along for the wins. It's not just a big airdrop.
It's not just a big allocation of token. It's not just a big allocation of token
that you can sell to get money out of,
to pull some liquidity out.
From the equity to now looking at,
okay, our biggest supporters,
those that are holding a trillion REC tokens,
I think they became millionaires
I think $420 million market cap,
the anyone holding a trillion rect is over seven figures and it's, it's 437 today. So I think any
of those rect trillionaires are paper millionaires on just their, just that wreck bag alone. And
that's, who he's going to look to for future rounds. Like, it's just like, it seems simple,
but no one else has done this like to this level, like no just like, it seems simple, but no one else has done this. Like,
to this level, like, no one's done it. And this, like, is excited to him about Rekt. I'm excited
about the model. And I think what got me so excited about NFT companies and how I thought
they were building in 2021, few have actually executed on those plans. And I think we're,
now, the bigger question is,
can someone speed run this?
Is the only proper way to do it?
Is it going to take four years?
Do you have to do the same, you know,
to build this sort of community?
Is it a four-year run or can you speed run it now?
Having seen this playbook that's been executed,
is it possible to speed run it?
I don't know if we'll know the answer
until someone actually does it.
Yeah, I think that's where it's funny because when I look back, I was listening back to our, you know, we have this heated debate about the brand coin discussion.
And I think we actually kind of agree on most of the parts of it.
But the part where it's like, that's the part where I, my most sort of critical thing there is like, look, if we talk about brand coins, we talk about them as a loyalty reward. We talk about them as something that is, you know, supported by the
team where they hold back a lot of supply. We talk about, you know, whether it's issuing a PFP
first or building community first, then launching a product and then issuing the brand coin with it
and having that intent. I think the part that I just don't see is like why I say it's hard to
hard, a hard model to copy is because osf has been here
for years years right he has been here through the both the bear he showed up every day it's
one of the reasons i respect like no matter who you like people talk about like other people who
create content and sometimes people all occasionally get in the tweet where people are like oh i like
this you know the nifty guys better than you or you better than nifty guys or like you better than
you know uh the frocks of the world and my answer to that is like froke the nifty guys better than you, or you better than nifty guys, or like you better than, you know, uh, the frocks of the world. And my answer to that is like, for rope, the nifty guys,
us, we showed up bull, we showed up bear. There is no like grift when you are showing up and
showing up to the events and spending your own money on those things and continuing to support
builders. And, you know, I got in an argument with somebody who i gave him the bart simpson at
least you tried gift because they were saying that like we you know we're like they tried to accuse
me of being like retail and only no one is seeing things when number goes up and i tried to ask him
for examples and they said g's on ape and uh and gobs and i was like well james hall's been on the
show like three times and rita and his and his team has been on the show like three times so try again if you are showing up day
to day and you're trying to highlight builders like it's working out well well that's osf osf
has been here every day continues to show up great trader market participant and i think that's what
makes the model really hard to replicate is you built a community you're an authentic leader you
have a large following you're a smart trader all the things he's done, oh, and by the way,
doesn't make a product that, like, a while ago,
respectfully, people might get upset about this,
but there's some lore here that I'm not going to get into.
Killebears dropped some cereal, if you remember correctly.
It was, I know, like, there was some specific stuff
in our circle that was kind of funny about that.
But, like, they dropped cereal.
And I was like, I donated it because, like, it wasn't good.
The wrecked drinks are good.
And so, like, there's, like, all of these things that go into it that I think make it successful.
And so, at least for me personally, like, it's's a hard sustainable model to say this is going to work.
But for them, your point about the REC trillionaires, and then maybe we could jump right into a daily market update after that just to keep things moving.
But with the REC trillionaires, if I made $2 million off being a REC holder and had equity in in the company and they go to raise another round,
I'm probably writing a $25,000 or $50,000 check to them. Why am I not believing they can continue
to scale? And what is the downside? And they've already made me rich and why not put that money
back into it? So when he says that, it's like, yeah, if somebody made seven figures off just
being part of your community and you go to raise another round,
you don't have to go to VC. You can go to people who you give an equity deal to.
You want to make it fair, obviously, but they're going to be a little more hands-off than a traditional VC or traditional investor. So yeah, they're raising, they might've found a good
infinite money glitch to raise. So you're right. It's hard to see that not going up, but at some
point, I guess my point is,
I'll be curious to see at some point
But you still think, REC,
you think billions is a target market cap
I'm probably going to take a little bit
off the table before it gets to a billion
just because of my risk tolerance.
But got a lot of opportunity there.
But yeah, I do. I think multiple billions is programmed. just because of my risk tolerance but um got a lot of opportunity there but yeah i did i think
multiple billions is programmed might just might be two but i i i'm not going to be surprised if it
if it just keeps running i mean it's hard to look at it and i don't like where how high i do believe
is like yes they have to continue to execute they have to continue their their flywheel but how high
is is macro it's market dependent.
If we get just an insane – I don't know.
I just saw this morning, I tried to find people calling ETH to 6K by the end of the year.
If we see $6,000 ETH and $150,000 Bitcoin or whatever the big numbers are and everything just goes crazy mania, it's going to, it's going,
it's going to be one of the winners of the cycle. And like, so if,
if like the rising tide lifts all like they will, they will be,
they will rise the highest. I feel if, if we do get that crazy mania,
like, so I think it's, it could get really silly if things get silly,
sillier here, but yeah, I think even without a crazy blow off top,
I think a couple billion is, is in the cards.
Definitely. It's, it's one of those crazy blow off top, I think a couple billion is in the cards. Definitely.
It's one of those ones that it just feels like if Pangu can do it,
Which I knew was probably, there's different things.
There's different parts of that.
It's completely different products.
Pangu right now is a meme coin.
I know people call it a brand coin.
But at the moment, if you're defining brand coin the way that people
have been defining it, it's a meme coin i know people call it a brand coin but at the moment if you're defining brand coin the way that people have been defining it it's a meme coin but at the moment but regardless like
you know rect has it had doesn't even have what's crazy to me is rect doesn't even have scale like
what happens when one van x says like rect is interesting to me you know like it's just there
is so much opportunity and it's like oh by way, they scaled faster than Red Bull from a distribution standpoint.
It's just there's – man, it gets me excited.
Now you're making me not want to sell my rec prior to a billion.
So we've got to stop that.
We're going to go into the daily market update here.
Let's go ahead and rip that, and it might dovetail right into the more you know
about a historical NFT that kind of rips out of nowhere.
Also, Nick says he's going to try for 40 cases, so he's got a case for you.
Ha! I love that. I love that.
Well, definitely, I like the idea of trying for 40 cases
and trying to make it plus EV,
or you get a bunch of drinks and you become a wholesaler.
The Daily Market update straight to your brain.
Powered by 8Coin, no hype, just chains.
Moving on, 8Coin, we bringing the heat.
NFC spends out for never, it feels good to get that wreck thought off my chest and not feel like I'm fudding.
I was terrified to say that out loud because I think everybody's so
excited that me being like,
you can't get $800 for buying two cases forever.
And I felt like that was going to get me just killed.
I can't put it on the timeline,
but maybe I can say it with more nuance.
it feels good to actually say that out loud and not get absolutely
it's time for the daily market update powered by ape coin,
Ape chain has it all bringing culture, and community to the blockchain.
Dive in and see why ApeChain is on top.
Cap, how's the market looking besides Rekt?
Pretty solid. Interesting weekend, especially considering we had $9 billion of Bitcoin sold off last week.
It got ate up like it was nothing.
Pretty strong signal, if you ask me.
But in the majors, Bitcoin is flat
today on the 24-hour clock, 118.600. ETH up again. ETH is the leader of the majors as we know now,
38.69. I think 4K ETH is happening this week. XRP 1% up to 323. Solana pushing 200 again at 191,
it's up 2% on the day. Doge up a percent to 24 cents in Cardano at 82 cents. Runes having a
moment. They're not bleeding out for once.
This is, I think, you're seeing some
activity popping everywhere. There was a
I'm just going to say it. A couple of questionable
from fresh wallets that have
nothing else in them. I'll leave you to do your
own research there. But Node Monkey is popping off.
Big, big chart has just mooned.
There was another alien Node Monkey
that sold for almost a Bitcoin
and things heating up over in the Ordinal streets.
On the meme streets, SPX 6900,
the big winner on the day, up 12% to 226.
Flip Trump in terms of current market cap,
not fully diluted obviously but
pingo pulled back just a percent bonk up six percent and continues to crush pump fun if you
look at just graduated token yesterday i think there was 137 graduated on bonk fun to only 11
on pump.fun they're gonna have to do something soon they're gonna have to reward those users
they're gonna i mean they've got a massive war chest. There's, there's levers
they can pull. I just wonder how long, how far they're going to let it bleed out until they start
pulling some levers and trying to regain some of that, uh, some of the trenchers community,
uh, Pepe up a percent, Chibis flat in, as I mentioned, Doge up a percent as well.
As we head up to, uh, I mean, here's some other top movers. Vine, that was sent last week on the Elon mention.
I don't even know these others, but we'll get our NFTs because this is where things get interesting.
It's the historical, not exactly to your post on the quote tweet, but it's starting to feel a little bit like historical NFT season.
You can see here the biggest winner on the day is Hashmasks.
Up 246% on the day, 0.22 ETH.
Mooncats up 26% on the day, up to 0.37.
The Little Pudgy's up a percent.
Project A on this is tied to SPX 6900.
Mythics pulled back a little bit, down 7% to 0.26.
Moonbirds, there they are.
We should have swept them when we had Spencer on.
Steve, I don't know what we were thinking.
So they should be above mid now.
That would be a big win for Spencer and OCG.
He was great on the show.
Milady's down 8% to 3.1, but they ran up big.
Last week, I think we looked at them at like 2.6,
so they had a big run before pulling back a little bit.
As I mentioned, Littles up to percent to 1.82 and um a few others here i just
be careful if you're chasing the historical nft pump uh i'm not gonna shade any collectors or
anyone that appreciates provenance uh to each their own just know that attention is is fleeting
and if it pumps big, you're probably
looking at a somewhat of a pullback as there's probably some holders that will look to sell
their bags that maybe they've been down on for a while. So volatility is very real and it can go
both directions very fast in these collections with small supplies. So have fun out there,
collect what you like, collect what you enjoy. But man, if we see Bitbirds pumping, I've got a few I'm going to let rip. I was touting this morning, crypto art is
actually, if you like provenance and historical NFTs, crypto art beat Autoglyphs to the punch.
So I don't see any reason why crypto art's not trading at 100 ETH, I kid. But I've seen
a lot of those, a lot of people asking Grok about historical NFTs Steve. So that, that, that to me is a little bit of,
a little bit of signal that we're probably going to see some curio cards got
that stuff is coming back and we're like one Gary V tweet away from,
or not even a tweet from Gary jumping into discord of saying,
I just swept these 37 historical NFTs and,
marathon space from leonidas uh i kid but um i mean i'll look i i mean don't tell me historical
nfts bet are back until you get yourself a super yeti or maybe jenkins of la can get a ripper
although you saw i don't know if you saw jenkins actually got bought the actual they are officially tally labs i see the officially uh the the nft not not the not
tally labs just the the nft they were using correct the nft which they could do something
with um maybe we can get some goat goats to run um i don't know some junkyard dogs um you know
just uh just some uh some dino monks i'm trying to think of stuff that's like just completely
buried down in the doldrums.
But yeah, show me a Super Yeti or a Rare Ghost Club, and we can start to talk.
But yeah, man, there's so many crazy NFTs you can think about from back in the day that were smiles.
Everyone thought were going to be super hot.
But the Hashmasks, I'm kicking myself.
hash masks i'm i'm i'm kicking myself um i have looked at hash masks like no less than 50 times
and considered buying them when they were like 0.04 0.05 whatever the number was and eath was
way less i love the hash masks i love the history i bought one on the one year anniversary of hash
masks for like 100 eath or 100 eath sorry for one eath uh when eath was like
relatively low um so like i was thinking of the big sale when i said 100 eath because i'm almost
tipping the more you know here i think it was 100 eath from the big sale but um but yeah i um
last i bought one for the bonding curve was 100 eath yeah that's what it is i'm mixing up my my
stuff anyway i bought one for one eath you check the chain back in the day on the one year anniversary
for hash masks i think they're cool.
I think they're historical.
I think they're really fun art.
And I looked at them a bunch, and I never buy them.
I wake up this morning, and look,
I wasn't looking at them like last week or anything,
but I wake up this morning, and I just see them moving up.
Like, I love seeing things that are real fun art
that had some cool innovation.
They have the tokens locked.
The tokens gave you the ability to sort of change things
about the NFTs and name them.
And there was individual books and things that they changed around.
I was looking for just the right one is the problem.
I bought this one three years ago on the Hashmask one-year anniversary.
And so we're almost back to break even, Steve.
It couldn't have been the one-year anniversary if it was .29.
Because I think the floor was like an ETH or something.
No, it wasn't the one-year anniversary.
The one-year anniversary was in January.
So January of 22 would have been the one-year anniversary.
I bought it in September of 22.
So it was definitely not the one-year anniversary.
Yeah, I was going to say.
I bought one on 128 28, 2022, uh,
that was the one year anniversary,
but I'm a third of the way there.
I'm not necessarily looking to sell,
like hash masks are really cool. I, I, I, you know, but it's like, damn, man, like, Hashmasks are really cool.
I, you know, I like them personally.
Maybe I'll let, I don't know, it's only $16.
The Elementals they did were kind of cool.
I know our Illumina works on that project, but they're not super up.
That said, I want to hit a more you know on Hashmasks just because a lot of
people might not even know what we are talking about.
And then we can do a few more things before you have our special guests come on.
The More You Know, brought to you by E&S.
It's time for The More You Know, brought to you by E&S.
And back in January 2021, Hashmasters dropped as one of the most ambitious early NFT art projects.
Created by over 70 anonymous artists and launched by Soom Creek Labs.
I don't know how to pronounce it. It looks like it's French.
The collection included 16,384 unique portraits and introduced something new.
Sorry, 16,384 unique portraits and introduced something new.
Holders could spend the project's native coin and name their Hashmas on-chain, making them co-creators of the artwork's identity.
The project exploded out of the gate, pulling at over 16 million sales within the first few days.
$60 million in sales. Man, it is a Monday. I am having trouble on the library this morning.
I am having trouble on the library this morning.
Some individual pieces went parabolic, like Hashmats 9939, named Sex,
which sold for 420 ETH or $640,000 at the time.
Another, God of War, sold for 300 ETH or roughly $500,000 at the time.
Hashmats stood apart with layered rarity, mysterious aesthetics,
and collector interaction all baked in.
It wasn't about flipping JPEGs.
It was about experimentation with digital identity and art as a living, immutable asset.
And while the hype cycle has moved on, Hashmask still stands as one of the early projects that helped define what NFT could be.
It was the anonymous nature of it.
It was using utility. It was something that a lot of companies could learn from even today. And that
was the more, you know, brought to you by ENS. ENS says more than, you know, not just anchoring
your name across web three, but anchoring across the internet. It's your identity, simple, memorable,
and unmistakably yours. Security, interoperability, and ease of use. Go go to ens.domains to secure your domain and learn more today.
The other thing I'd add to that is directly, indirectly, Hashmasks and their process was part of the inspiration behind the board of Apiocla mechanics.
At the time, the bonding curve was the norm for NFTs.
You had Hashmasks do do it and then i think
like shout out to bond frontin to save travels this week uh the ap bond eggs were a bonding
curve like basically everything minting up until board apes that i can remember as far as nft pfp
collections they were all or really any any nfts on mainnet they were all on bonding curves so you
were incentivized to buy early and as more got sold the price continued
to go up to where to see his point like on hash mass the final one was 100 eth and um part of
their pitch when you know part of their value-minded proposition or their marketing bullet points so
they had like three or four one of them was fair pricing no bonding curve and it seems silly today
that oh we're going to admit 10,000 NFTs.
They're all going to be the same price.
When Board of Yacht Club did it, they were the first of that era to offer fair, flat pricing for all mentors.
Yeah, I think there's that.
And also, like, people don't know this.
People talk about the IP rights as being innovative for Board of Yacht Club.
They copied the IP rights, basically
I think they even admitted this.
Gargar Gordon said, yeah, we basically
just pulled the T's and C's
pretty close, or at least got our
start right off the T's and C's
Yeah, and so I think that's
one of those ones that you look at and you're like, yeah,
that is a... Yeah, it's a... Again, one of those ones that you look at and you're like, yeah, that is a...
Yeah, it's a... Again, people give Board of Yacht Club the credit for the IP rights.
I mean, again, it is the...
It is absolutely the Hashmask that inspired that.
So to me, they're cool. I love them. I'm glad they're catching a bid.
I should have about a dozen of them right now,
I down horrendously, you know,
down horrendously on that one.
But, you know, we live, we learn, we move on.
Glad that I have the one that I have
because I think it's pretty cool to own.
sometimes you want to collect to own things.
And look, have they absolutely ripped to some crazy number?
But I'm not selling it for what it's at right now.
Unless I needed the money, needed the money.
It's cool to own those things.
It's cool to own things from 2021 and before.
And I think that there are things that I own that are in my wallet that I'm excited to have.
I don't know. Again, if it rips up crazy, it's as like, I don't,
but I'm not on playing on selling my V friend.
I love owning my V friend.
I love the fact that the V friend was like sort of the beginning of my
Like people laugh at the punks comic.
I have the physical behind me.
It's just part about being a weird collector,
uh, uh, part of life. And there are certain things that you're really excited about that you don't want physical behind me. So, I don't know, just part about being a weird collector, I guess, and part of life.
And there are certain things that you're really excited about
that you don't want to part with.
So, yeah, it's good stuff.
But I know it's a lot of the NFT news.
Probably worth covering some of the retail stuff as well
and some of the TradFi stuff.
TradFi continues to come and buy our bags,
which I think we gladly sell to them.
Trump Media, $300 million in Bitcoin
linked option strategy, according to Bloomberg. Christie's International Real Estate becomes the
first major brokerage to create an exclusive division for handling property sales in crypto,
which I know is something we've talked about on this show quite a bit. And MetaPlanet buying
another 780 Bitcoin for 92 million we
talked about the eth strategic reserves i don't know if there's an update on that from your
favorite website on the internet but um when did i say do you remember when i called 100 by
i said i believe this will be 100 within a month do you remember what day i said that
i didn't i didn't write it down are we at 100 because it definitely wasn't a month ago i mean
it was probably like no we're not at 100 yet.
You can see BitMine over 2 billion already.
Can you give it a zoom, a couple zooms?
Yeah, SBET at BitMine at 2 billion of ETH.
ETH still in third at just over 900 million.
But yeah, now a total of 64 entities.
When I first looked at this, I think... While you do this, by the way, I'll be right back. ETH's still in third at just over 900 million. But yeah, now a total of 64 entities.
When I first looked at this, I think- While you do this, by the way, I'll be right back.
I think I might have to, personal thing, I'll be right back.
I think this might've been 40-ish when we first looked at it.
Now 64, and I just, yeah, rapidly on its way
to 100 of these strategic reserve companies
You know, I talk about up only charts.
Oh, it looks like Ethereum Foundation sold a thousand ETH yesterday doing their part.
As always, we talked about ETH strategy that was on that public raise on Saturday,
That puts them up at 20th on the list now at just under 50 million of their ETH holdings.
GameSquare is another one.
This one's all the one buying NFTs as well.
And we also had a former BlackRock executive join.
I think it was GameSquare, but i need to go back and check now
my my brain isn't fully working uh and on the on the um etf side just like this stinks here this
i don't know what happened on july 2nd we couldn't have someone buy 800 eth uh an etf to make to print
I'm sure this has happened in history. Maybe someone asked
Has there ever been a month where
inflows were net positive every single day of the month?
There's just not enough ETH.
compared to what is getting bought, just on these two groups alone.
I mean, right now, the East Tritiga Reserve's companies, they hold upwards of 2% of the total supply.
You've got ETF holdings is almost 5% of the ETH supply. So now already there's 7% of the total ETH locked up in just ETFs and the strategic ETH reserves.
One of those strategic ETH reserve companies is on record.
And you've got Sharpling Gaming SBAT is looking to buy another $5 billion worth of ETH.
So exciting things indeed.
And let me check, Steve is still taking care of something.
So we're going to move right in.
I had three other random things while Steve takes care of business there.
The first random thing is completely, completely completely random very much a cold open
digression but has anyone i asked this in the word but got no answers has anyone in the chat
seen a show a concert at the pyramids of giza i need to know i had a random
random thought this morning wanted to see an artist checked out their schedule they're actually
playing in vegas the night of ape fest i'm not gonna miss not gonna not gonna hit that one
and i looked at the rest of the year and playing a show at the pyramids in december and um i think
it would be awesome as well but i i don't want to do it sight unseen because it also could be just
very cheesy and just purely you know like a i'm saying a cash grab, but it could be just like not a great,
like I'm wondering, is it on par with like Red Rocks in terms of an incredible atmosphere to
taking a live show? Or is it just the pyramids are off extremely far in the background and it's,
you're just, they're just there and it's like
not not the greatest venue so i don't know i've not looked into it further other than
finding that out a few minutes ago steve still taking care of stuff the other thing anyone
catch happy go more too if not uh that's my that's my psa good watch it was um i mean it's
not like a great movie but like a lot of those like 90s early 2000s slapstick humor they weren't
like you're gonna oh the plot was incredible but it was good and tapped into some nostalgia
a lot of good cameos and if you enjoy golf or you enjoy if you enjoyed the happy go more one you
probably would enjoy happy go more too so that's that's my those are my psa's for the uh for the
weekend steve we had uh we're talking happy Gilmore too. And can someone,
has anyone been to a concert at the pyramids? Cause that's,
that's what's on my mind this morning.
a split of banana society drafts yesterday and really enjoyed that.
Shout out to a shout out to everyone who joined us in there yesterday.
But I apologize to everybody,
like, you know, it's, you know, it's getting interesting when i come back and he's like so
happy gilmore 2 i'm like shit i really left you high and dry um doorbell i'll just i'll just no
i wanted to get that in i had my notes for cold open we didn't get to it so it was like a uh it
was like a little reprieve that i could get these it was like a brain dump i literally brain up i
brained up pyramids of giza happy happy go more to, and each strategic reserve.
So find yourself another space on this app anywhere on the internet,
actually that's touching on those three topics this morning.
And I will send you some Pingu. I don't think it's,
I don't think it's possible, but here we are.
I don't think it is. Uh, no, uh, for those listening,
sorry about the suddenness, uh, doorbell rings.
Thank God we have the ring doorbell my dawn works i do the show
we have friends who are doing us a massive favor and gave my son a ride to his camp all week
son's alarm apparently didn't go off doorbell rings run upstairs son is in bed i'm like
bro your friend is at the door like you need to get up and get dressed right now um and he's like
starts moving and he's like,
does camp start earlier this week?
I'm like, homie, it's like 9 o'clock. And so I got his lunchbox ready because his lunchbox ready.
Need to have the ice pack in there.
But crazy whirlwind start to the day for him.
And I feel bad because think about it.
These people are doing us a favor,
and we might be making them wait to camp.
They're not going to leave yet,
but they have a field trip today.
Meaning like they could miss the bus to the field trip.
Who's probably freaking out.
And I feel bad for the parents who were doing us a favor.
um, I'm going to do my thing.
I'm going to step away for a few seconds.
We got guests coming up here soon.
So I'm going to hand it to you and see.
Like, I'm really curious now,
if you have three random topics
you can touch on as well.
I'll be back in like probably 60, 90 seconds.
I do not have three random topics to touch on.
I did not watch Happy Gilmore over the weekend,
although it's nice to hear people saying that.
I heard it was stupid, stupid funny. What I will bring up up and i don't think we have time to dig all the way
into it this weekend but i thought this was interesting and i'm curious about people's
take on this be it in the chat or otherwise um this this weekend i saw a post uh that came out
and this is like one of the topics i think we probably need to push to tomorrow with our guests
coming through but loki had posted i'll pull it up pfp by the way this isn't correct
fully because like v friends and stuff isn't on here but it said pfp brands by floor price rank
which ones are overvalued which ones are undervalued and my answer to that was and i got a
lot of pushback on this almost every pfp on this list is from 2021 and 2022 i'm not certain that
Obviously, I appreciate the teams grinding for years, but in a healthy ecosystem, we should see
fresh competition, new, exciting, innovative ideas, and new drops that capture attention.
So we have this world of tech, this world of tech where you can do anything with this programmable
software. And in that, people are buying still from a floor price perspective, respectfully,
and this isn't meant to be a knock on anybody
in particular, it just is what it is
people are buying cool cats
Sappy Seals is doing stuff, I don't know
Captains, like, I don't know if anyone's
checked their meme coin token in a while
and looked at that, but it feels like that's kind of
largely not there, and Raze basically said
oh, NFC holders are kind of ungrateful people
in sort of these, I just, I don't know.
It's a conundrum I run into with these historical PFP brands that,
yeah, man, if people only build in optimal market conditions,
like one of the adages you hear from sort of Peter Lynch in the traditional finance world, you hear about people in the Web 2 world, when you hear about people in the Web 1 world, they'll tell you like some of the great businesses are built in the bear.
Some of the great businesses are built and you're grinding while you're doing that, while the bear is, you know, while the market is ramping up and that's the best time to build.
Seeing people who only want to build when the market conditions are ideal, that's not a healthy market to me.
And also, I just, I wonder if the PFP market is a thing that you're going to, you know, if we're going to continue to see be a thing or not.
Like, we had this idea of digital identity being a thing.
Like we had this idea of digital identity being a thing.
it's like the mom with the picture in front of the Disney castle would
Disney doesn't want to do it for a variety of reasons.
they've got too big of a stack of chips to even work with.
But I had the PFP thesis and I wonder,
is it just a matter of these historical NFTs are going to be collectibles?
Sort of the gary v theory
these are like trading cards even made them look like trading cards or are pfp is a thing that
people are going to be interested in is it going to take a big like what makes it move is it a big
celebrity who people follow is it a big brand that people are interested in and is it the utility
behind it i don't know but i i just it was an observation and made a lot of people mad this guy
dude dude this this this mutant man this there's a mutant in my mentions I just saw,
still doubling and tripling down.
He said I wasn't connected to the market.
I explained I posted a show for 950 straight episodes.
Then he said that I ignore people, specifically brought up G's and gobs,
and I mentioned that we've had those people on the show multiple times.
I don't know what to do with that, but I don't know if you have a quick thought on that i know we got guests coming in here and we have a couple to get to but uh feel free to uh fire
off anything there um just real quick i i i said in the response i just i respectfully disagree i
think it's a sign of health i think it's a sign of health. I think it's a sign of maturity. And I do think people were building through the bear.
Just the market wasn't responding.
And I don't think it was...
I guess the baseball card analogy hits for me.
Baseball cards were hot in the 80s and 90s.
And the market got flooded with cards.
The market got flooded with NFTs.
And the entire bear, we we said there's going to
be consolidation it's wider than i thought but i you know like i think everyone on that list
has they've been doing something now has it has it moved the needle during the bear no because
nothing was there there was no new entrance but i think i i look at that list i think most did do
stuff like i don't think anyone has quit.
Like you mentioned cool cats.
is it very different than what it was,
But Klon is still active.
I think he's a one man show.
I think they said they effectively abandoned their web three arm like last
And now they're changing their mind.
we covered it on the show.
There was like something where they basically said,
we're not really doing web three and stuff anymore but it's just going to be art yeah he's
doing art he's doing live streams he's doing drawings and people like it now i think there's
there is there speculation in that price limit yeah sure but there are people that really love
the cats people like art people like collecting it is of that 2021 class so like the thesis if
someone has a thesis 10 years from now if n NFTs do stick and digital identity sticks and you're using these things, like if Klon doesn't quit and Klon keeps making art, like it's the rookie card analogy.
Like I think is some just purely, is some manipulated, is some speculative, these are going to be swept next i'm going to buy them
now yeah i'm sure that happens but i didn't i didn't see anything on that list that looked
out of line and i also don't think i i just don't think that the space was receptive to or was going
to attract new entrants that were serious about building we saw people come in and launch some
stuff but really we didn't start seeing quality launch until i think earlier
this year maybe a little bit in the last year but it was like i i like the the things that stick out
to me was like good vibes club mint and then you got mega eph mint and what you had the fluffles
now they went to you know bad buns took over there like i think quality over quantity is a good thing
and i i think the mix is probably pretty good for as far as old versus new like it would be I would
be very concerned if it was flip-flopped and the leaders was like 18 of the 20 were all new
collections that to me would would be more of like oh my god we're just doing the same thing again
and all these are going to run to zero I'm grateful that we aren't seeing that and I think
I don't think it's healthy for a collection to min out and rip up to double-digit ETH out of the jump on just pure vibes and speculation.
I think, like, make them deliver.
Make them show something.
Make them prove that they're here to stay and they're not just going to be here to grift a couple million from a mint.
So I just, I got excited when I saw the chart.
I just, I'm viewing it from a different perspective.
And I think this is really healthy and a great sign of maturity for NFT, PFPs, and digital
Well, I think good debate and discussion to continue
to have as we continue to move forward, but in the
meantime, let's go ahead and get
Ape Chain Architect launched because I know we got two
guests to get to today, one now and then
another one at 9.30. Life I've lost is AVEAWAY Ape Chain Architects leave the way
We spark the flame, ignite the chain
Cap, always good to bring on a guest who is building on Ape Chain.
I will hand it to you to take this away.
We need a better library to bring people into this, though, for sure.
Yeah, I mean, Ape Chain is on top and not just PFPNFTs.
We've had our friends Clutch on here with the prediction markets on chain.
We're now going full bore casino with Gambler here.
We're now going full bore casino with Gambler here.
Excited to dive into this one.
Excited to dive into this one.
I've seen the excitement brewing around the biggest, the best, 30 plus tight communities,
top tier streamers, engaging fun spaces, all things Gambler.
And the one thing that I don't know, I mean, it was announced, but I don't know if it's
been talked about much that Ape Chain becoming a gambler shareholder.
Andy, before we jump into all things gambler
and this relationship with Ape Chain,
we'd love to get a little more background on yourself.
Anything you're willing to share
in terms of your journey into crypto and web three,
your journey in the casino industry,
anything you could share kind of leading up to gambler
and then we'll go from there.
Welcome, by the way. Appreciate you joining us. Hi, thanks. Can you hear me? Okay. Yeah, we'll go from there. Welcome, by the way.
Appreciate you joining us.
Yeah, so journey into crypto in 2013.
You can see it on my LinkedIn.
I put a post on the other day, the other week,
So I was the first person in the UK to build a diy mining rig and sell it on ebay um you know like you build the ones in your garage so
it was a it was a litecoin mining rig not a bitcoin mining rig so i'd mine the litecoin
with graphics cards and then obviously convert to bitcoin um so that was kind of the first journey
into crypto it was 2013 so it's a long time ago. I paper-handed a lot of Bitcoin.
I should be considerably richer than I am genuinely.
Not quite to the level of the guy that swapped thousands of Bitcoin for a pizza,
but definitely to the point where I've swapped millions of dollars worth of Bitcoin
for an Amazon gift card and stuff like that.
2019, I worked for a software
development company that made casino games,
white label casino games.
two kind of... That wasn't crypto,
But that's kind of like the two backgrounds of those,
of then, you know, in August 23, have fused to be like,
you know, let's build a crypto casino.
I mean, before we get into Ape Chain,
before we get into like specifics of Gambler
and all that you're doing, like in your opinion, how does bringing it on-chain,
how does blockchain tech make crypto casinos better than non-crypto casinos?
What does this unlock? Why bring a casino on-chain?
Well, Gambler isn't fully on-chain, just for a start.
It's like most of the games that gambler has like any casino
first thing that people look for in a casino is the well-known games providers like pragmatic
um you know pragmatic games are not on chain um will pragmatic ever make them on chain probably
not because the web 3 market is is much smaller than the web 2 market you know there's no benefit
to them to do that so most of gamblers games are aren't on chain um interesting it's being on chain you know the ones that we're starting to roll out
now you know we'll roll them out first of all off chain like the games that we're building in-house
but then we will eventually switch it to on chain all our in-house games will have an on-chain
element and on-chain just makes it fair. I mean, well, visibly fair.
You can literally go and check.
At the same time, I had one guy that messaged me and he said,
oh, I've been losing loads and this is rigged and whatever else.
So I just sent him all of our reports because the games on Gambler,
these are huge companies that make these games.
So I just sent him all of our reports.
And I don't care. I'm not bothered. You know, these are huge companies that make these games. So I just sent them all of our reports of, like, you know,
and I don't care, I'm not bothered. We take great pride in the fact that our RTP is 97%.
So, like, if anyone wants to see, like, the reports of providers,
like TotalBets, Total1, you know, you can see our margin in it.
It's, you know, we're very, very transparent.
And, you know, the RTP at Gumball is fantastic.
of it, when you put it in though, just means that anyone
can basically sit there and look at it
on-chain and say, well, this is what
they've had in, this is what they've paid out, this is
what they're left with. This is often
it's what I was thinking, but I'm glad
that we're aligned there because
so often we talk about, okay, it's better
We were just talking Rekt.
On-chain loyalty programs are better
than their predecessors off-chain if done correctly.
You could probably build a business case on either or.
Like, oh, it's not really necessary
on most things that people bring on-chain.
It's like an incremental improvement.
Not with iGaming, not with, not with casinos. It's
far better than iGaming off chain, in my opinion, because I'm not saying these big companies you're
working with, but it's very common for like a lot of the ads you probably have seen popped up on
Instagram or another app you might play. A lot of them are scams. And I recently had, I had
experienced my own personal life. It was like maybe a year and a half scams. And I recently had, I had experienced my own personal life.
It was like maybe a year and a half ago.
$2,000 a month on iGaming.
And I did a little research.
I'm not trying to like embarrass you,
there's a class action lawsuit against this.
they proven in the court of law that this company is not doing what they say that they're promoting. They are stealing your money. You might win once, but if you keep playing long enough, the house is going to win and the deck is stacked in their favor.
everyone can see it like it's just you know if whether it's 97 or 90 like what like it's it's
provable and i think that is like i see a future where all i gaming is done on chain any i guess
all legitimate and fair i gaming is done on chain is that is that too aggressive a statement or do
you agree no i think your issue at the minute is that Web3 is vastly smaller than Web2.
So all these games providers, when we speak to them,
the revenue that Gambler's done in such a short period of time
only in Web3 is impressive, but it's still tiny compared to Web2.
Only when you've really onboarded Web2 to Web3
will any of these providers bother doing this because they just wouldn't otherwise.
It's just not going to happen.
So Web3 needs to get a lot bigger before that day comes.
But genuinely, I think it's inevitable that the day will come.
Everything's going to be on the blockchain at some point.
So it's only a matter of time before all of these things are on there.
So it's only a matter of time before all of these things are on there.
It's like there would be, you know, imagine if nobody,
like I will get people that message me and say,
I've lost 10 grand today playing on this game.
And I know obviously that there's a guy over there that's 150 grand
playing on the same game.
So it's like it all balances out.
But I could just send people to the blockchain and just say,
Here's all everything else so it made my life loads easier to have just a great big uh um you know
a list of all the all the games and all the activity on the blockchain it can backfire though
if you get greedy well i say backfire it's not it's brilliant um not to name them but there was
a casino that launched not long ago and it's on the blockchain brilliant um not to name them but there was a uh casino that launched not long
ago and it's on the blockchain and it showed basically that their rtp was about 70 percent
so you could and for those that aren't familiar define rpp rtp return to play so so in your
example 97 and a half gambler and your partners you're you're taking a basically a two and a half percent rate
kind of three percent our rtp is 97 and it goes up and down every month like it varies
but it balances out at that point you know like one month it was 110 that was last year in october
there was a lot of wins and basically the rtp went hey you know people people won more than
they'd put in technically
we made a loss in that month but that's the only month that's ever happened you know so we've we've
essentially got a three percent margin of everything like our only goal is is to just bring more players
in and increase the total amount of bets that's it and then from that we then increase our earnings
um but yeah so we've got three percent you know other games
on other ecosystems i'm not going to name them um but you know they've got rtps of you know 80 85
you know gambler 97 you know and we can we can release all of the um
but we use the best providers in the world you know these guys aren't they're not scammers and you can just look at our total wage versus total one and see you know um what the you can
work out the rtp yourself purely from that yeah and i also like we we talk a lot on this show like
we're we're i i come from a dfs background we talk a lot about sports betting we're obviously
in crypto and in the quote-unquote dj and casinos we've talked a lot about sports betting. We're obviously in crypto and in the quote unquote DJing casinos. We've talked a lot about poker players. We don't really talk much about iGaming
here. We haven't historically. I don't want to spoil it. I'm aware and I actually just did some,
I just did a quick chat GPT ask because I wanted to make sure I've got current numbers,
but I'm curious for our chat, how would you rank iGaming, poker, sports betting, and DFS in terms of sizes of their TAM, their total addressable market, their combined industry annual revenues?
I'm curious how chat think that those rank out, and then we'll have Andy share, or I'm happy to pull the chat GPT data.
But just what do you think of those? I'm kind of leading the witness here a little bit if you're catching what I'm happy to pull the chat GPT data, but just, just what do you think of those?
I'm kind of leading the witness here a little bit,
if you're catching what I'm putting down,
but I'm curious if anyone really knows the size of this,
this industry that is iGaming, because it's,
I think it's probably going to shock some people.
When you say iGaming, do you mean like,
are you talking about slots?
Like what you're looking at right now?
Or do you mean actual games that don't have any betting?
When I think of iGaming, I think of like slots, games I'm looking at like this.
I think of basically all internet gaming, games of skill, fun gaming,
that's not poker, sports betting, or DFS.
Maybe my definition is wrong but that's
absolutely no idea but i bet it's going to be big yeah what is it it is it's massive i gaming this
what we're looking at here dwarfs all those under industries combined it's it's joking really yeah
it's it's it's absolutely huge like so in in this, I never understood. I think Facebook is a big driver of this. Let me show you another. I'll show another screen here.
With this, I'll just let me close. Let me close my sidebar. I'll show you my chat GPT so you can get a directory from the source here. This is so iGaming, online casinos, online poker, sports betting, lotteries. It's combining all, I guess, here. so maybe that's why the number is so big but you can see in the u.s regulated on i-gaming they are including casino or they're including
betting i don't in my brain i've i've separated sports betting from the online casinos it's it's
27 billion annually in the u.s or projected to grow there by 28 85 billion annually compared to online poker is $9 to $10 billion globally.
Sports betting, $13 billion, again, just in the U.S.
Globally, it is pushing it.
But DFS, it pales in comparison to iGaming.
And this comes, again, I come from that DFS world.
To me, it seemed like, oh, DFS is everywhere.
Everyone's seen a FanDuel and a DraftKings commercial.
But the reality is these games that you're seeing on Gambler here
are far more popular, far bigger user bases.
And it's not, I think also my assumption
is it's really taps into an entirely different demographic.
I think when you think of poker, sports betting, DFS, it's a lot of us that are similar.
I think there's a lot of people that play these casual games that absolutely would not consider themselves DGens.
The person I was referencing earlier, I didn't even know they were doing this.
And I happened to become aware and I talked to become aware, and I talked to them about it, and I tried to educate them.
But I think that's a lot of your casual players, your casual gamers.
They enjoy playing Candy Crush, and they may win some money, but the reality is most of them are not fair, and the house is always going to win.
So, again, I'll get off that rant, but, yeah, I don't know if you have anything else to add to that just the size and scope of how many people are playing
on chain gaming and you can you can see just if you hover over one of the games you can see the
rtp oh yeah okay so it just it just calculates it in the back that's great so 96 basically that's
like by comparison like dfs best ball the standard is like 10 to 15
rake here here it's you're looking at a three to you know about a three percent rake on average
with this rtp being so high it's it really now it does that guarantee people are going to win no
the house is still going to make money but this is fair compared to some of these scams you'll see
the rtp i'm going to guess is like maybe 50 so it's just like this you you
don't know unless it's on chain or unless someone takes legal action and it gets discovered in in uh
uh in in um discovery right it's just like so this is i think the other thing and i'll hand it back
to you with this andy is like i view this as a massive on-boarder for crypto because there's just so
many casual players that i you know i'm connecting some dots here jumping ahead a little bit but i
think a lot of these players will end up finding themselves on ape chain and not even realizing it
right it's just it's just a better game than than ones that can't prove that it's fair and what their RTP is?
So with those on there, so the RTP that you see,
that's what they're set at.
So if that was lower, for example, than what it's... I mean, I can't change the RTP on other people's games for a start.
Anyway, that's their games.
But if that was lower, it would show on there when you hovered over it that it was lower like the numbers in the back would do you know what i mean it would it would
know it and be like well the math on this is working it out because all you need to do is take
total wagered and total one and it will give you the rtp you know it'll show you what your
percentage is and that's all it works out so if i if they were cranked right down for whatever
reason you'd be able to see it anyway.
like you can literally just hover on something.
so go back to mummy jewels.
everything will balance out average out roughly across the whole casino at
I don't work out the RTP on individual games.
the entire casino what what does this pragmatic play what does this bar at the bottom mean
that's the volatility okay so yeah the games provider but that's the that's the volatility
of the game makes sense mummy jewel is going to be far more volatile than something like pig farm
which i'm guessing kind of like a you know It just depends on who's won jackpots.
And also with the RTP, like you can't look at one person
message me a month ago maybe and they said,
I thought the RTP was £97.
Like I should have got £97 back up in £100.
And I was like, it doesn't work like that.
The RTP has balanced over thousands of players over, you know,
It's like, you know, one person will go in and lose 10 grand,
but the next person that plays that game might win 20.
So the RTP doesn't balance out on an individual basis.
It balances out across the entire casino,
which is what makes them fair.
And it's what means that you're going to get those huge jackpots.
Oh, sorry. Go ahead, Andy. Sorry.
No, no, no no that was no no that
was essentially it i was gonna say like i love this idea do you ever worry though about like
this is more fair it's more transparent it's easier to do and like you said all gaming going
on change you worry about traditional gaming or casinos basically saying because we have a friend
who does a betting uh ai betting app and um he does a whole thing where he basically says
look like when they send you those parlays at the top they're ruining the juice for you it's like
not correct and and they change the numbers for you and we're more transparent we're on chain
do you worry about these traditional businesses saying hey he's taking money out of our pockets
they're taking money out of our pockets or do you think the consumer demand is going to be high
enough to push past that the traditional businesses that are going to say that i'm taking money out of our pockets they're taking money out of our pockets or do you think the consumer demand is going to be high enough to push past that the traditional businesses that are going
to say that i'm taking money out of their pockets they're the businesses that will end up buying me
you know that's that's how that works that's it my goal is to take as much money
as people's pockets as humanly possible every compressor i have i want to be taking their
market share because that market
share gives gambler its value you know it's like these these people these bigger businesses at
some point they're going to be like fuck let's just buy it let's literally buy this guy and
close it because it will save us this money um you know that's that's the goal genuinely that's um
that's the ideal in terms of gambling it's massive it's it's so big there's so many players that even
though it is taking money out of other people's pockets it's still a huge industry um you know
like really the only goal that we have is to build something that's really fair um great customer
service great website you know we just want to build the best product possible and onboard as many people as possible um that's it that's kind of like our goal and if you do that the people will
you know we've we've you know gambler started this was a mind melter into especially in web 3
if you think that in web 3 you've got all these projects that raise millions gambler raised 168 000 from some nft holders 12 months later gambler's worth nine million dollars
with more than 72.8 million wagered it's more than that now that was the figure at the end of
the 12 months so i've taken 168 000 and turned it into a 9 million value business in 12 months.
In Web3, people raise millions and don't produce anything.
They raise million after million.
Do you have any idea how big Gambler would have been
if I'd raised millions at the beginning?
So again, we're trying to just show that Web3 is...
Because that's how you onboard Web2.
And another thing as well, which I mentioned on LinkedIn the other day,
is that if I'd raised $168,000 in Web2 to launch a Web2 casino,
it would never have worked.
It couldn't have happened.
It just would not happen.
The only reason Gamble survived and thrived is because of Web3.
It's like Web3 is a very special place
yeah you've got loads of scammers and scumbags and whatever else but web 3 is legendary like
gambler exists only because of web 3 you cannot replicate gambler's success we asked them we've
got one of our providers they've got hundreds of casinos on their books and we went and saw them
and they were looking through all the accounts and everything else and they were just like you just can't do this like this is this this shouldn't have worked
it shouldn't have happened but the answer is well it's because we did it in web three um so
sorry i went off on a bit of a tangent there but the um yeah sorry yeah i mean it is no it's great
i mean it is a place where i think that we almost take for granted sometimes i was just talking to someone this morning like my favorite
part about being here as silly as it is is not like like chasing gains is fun and gambling's
fun and all those good things but it's actually being around people like yourself and others that
allow me to be close to sort of the cutting edge of tech and the smart innovators and
you almost have to sort of sift through a little bit because in any industry where there's opportunity,
there's going to be people who take advantage.
there's going to be a lot of really smart people.
And just to dovetail on that,
like you mentioned ApeChain
and the partnership with ApeChain.
You hit it on the little bit at the beginning,
but like, what gets you excited about this partnership?
and why should others look at it the same way?
We partnered with Abst um a few months
ago and i'm not going to drift into a huge big anti-abstract abstract has done a lot of things
really well like at the minute i've got my little abstract mean coin portfolio and it's you know
i'm up like 45 grand in three weeks it's great the but eight chain of business people. So it's like, it's a different kind of person that you speak to.
Speaking to people, you know, again, it's the easiest way for me to explain it.
I'm not trying to disrespect anybody.
But you can speak to people abstract and they will not grasp the longer term business implications of what's going on,
of what they're doing with maybe you know not giving
you things or giving you a certain level of assistance you speak to the guys at eight chain
and it's completely different they're business people like just from day one the questions are
different the answers are different um you know we've had been really really so yeah here you go
yeah yeah literally it annoys me because i don't want to genuinely, I'm also, just so you're aware, slightly controversial maybe and outspoken on some things. So just to say here, if you go back up, where it says 400,000 to an audited 9 million, that 400,000, half of that was stolen in a huge scam in Web3 that everyone will be familiar with, Stax, Trade AI, whatever you want to call it, that whole thing there.
So they originally, at the very beginning, wanted to buy Gambler before I'd even built it.
It was the earlier version of Gambler.
Anyway, it's a long story.
So actually, that $400,000, when we restarted Gambler after they stole all all of our money it's 168 000 from the
nft rose so it's half of that figure but i didn't want to go into that huge thing on linkedin um
but i see stuff on linkedin all the time about nfts the bullshit crypto's bullshit
web3 is bullshit well there's a nine million million casino built in one year purely because of all three of those things.
So that was just my little fuck you to some of the people that I see on LinkedIn.
Because the thing is, it's true as well, and it's annoying.
It's like, you shouldn't even argue with them.
If you cannot see the value in Web3, if you cannot understand.
Like in 2013, when I was making those bitcoin machines and
people like yeah but it's completely made up and i was making one bitcoin per machine per per day
like if you go back onto my linkedin and scroll you'll see the other post which is the um you
know all these machines that i was building i got laughed at in 2013 for this i'd be so fucking
rich right now if i hadn't have listened to those people do you know
do you know what i mean but i was younger and i didn't you sit there and i just think well how
can i be right when all these people around me that i know are wrong and you think no no it's
me i'm i'm wrong and the answer is no i wasn't wrong then and not wrong now. Like three is what three is legendary.
I've done that many times.
just to give it very like high level,
I'm 42 in the mid nineties.
I was making websites when I was in middle school and I teachers telling me
but you need to figure out what you're going to do.
What are you doing with your life and adults?
I was on Facebook in 2003 or 4 i was in
x twitter at the time in 2007 2008 2009 and like people told me i was stupid and crypto was the
same deal i if i had held the crypto in 2016 2017 when i was believing it when i was whiteboarding
why ethereum smart contracts were cool to like people who didn't care about it at a fortune 500
company if i had just held that i'd be in a much better place right now.
And so to your point, it's funny.
Everybody calls you delusional until it works.
And then suddenly it's like, oh, it was obvious all along.
It's like now institutions are buying Bitcoin.
It's like, man, if I just stuck to my guns when I was, you know, 10 plus years ago, 10 years ago, buying Bitcoin, being a pretty good spot right now.
10 plus years ago, 10 years ago, buying Bitcoin,
being a pretty good spot right now.
where it's like, look at the website, look at what I built,
like, check it out, like, fuck you, buddy.
Like, I'm building something real and it's better.
It's annoying, but it happens.
The thing is the proof eventually shuts them all up.
It's the same with gambler we have loads of conversations with people at the beginning
people said there's loads of casinos loads of online casinos you know crypto oh yeah well
there's already mega dice and rollbit you know what's the difference um what what is the difference
i mean how would you you mentioned rollbit there's few others. We won't go into all the names today,
why should they check out Gambler?
Why should they move to your platform
if they're already on Rollbit
What's your answer as to why?
What differentiates Gambler?
Not from the off-chain casinos.
is probably already convinced
that this is a much better way,
but what makes you better
than the other on-chain casinos? why why should they look at gambler instead i think it's the
the the gambler team is legend genuinely everything that we've done is down to the
this the team of gambler like they're just and i mentioned it in the linkedin post like my team
is amazing um secondly you've got a really nice sense of community i've been in other
on you know online casino communities not i'm not naming them again it's not there like you know
this is it's completely different and we've started taking people from other casinos they're
coming into our discord and it's and and they literally come in and they're just like my god
this place is so fun this is is much better. And it is.
It's like, it's a very, it's just a lot nicer.
It's a lot nicer experience.
Even with the customer services, you can read stuff all the time about other casinos,
keeping your money and whatever else.
We've only, and we don't even,
like people that try and scam,
we refund them their initial.
We just don't pay out the profits.
like three times you've had like three massive scammers um that have complained and fudded us
and again we've just i just publish all the stuff it's like if you see the thud post i just i just
put it all on x and it's just like fucking there you go everyone can just read it make your minds
up um like we i think we've we've gone above and beyond with
go above and beyond with the customer service side of it um i genuinely think that as well
like i think our customer service is vastly superior um the only thing that we've not done
yet and we're working on it right now with a new ai system is instant withdrawals so we've had a lot of because we don't kyc so we've had a lot of
exploits uh you know gamblers very easy to deposit and play and it's very easy to withdraw but your
withdrawal gets checked so it's like there's a computer system that will evaluate like your
risk level and then it goes into a separate thing and they kind of get manually checked
that's only because at the beginning when we had automatic withdrawals turned on,
some really clever person, and it won't work now, so don't try it,
And even 100% must have been a death.
10 browsers and ran some kind of little program
that basically he had his withdrawal in every single browser like
hundred dollars and he ran a program that pressed it at the exact same time so 10 browsers withdrew
a hundred dollars from the same account and it's some weird reason it works
and we looked at it one day and it's like where's all the fucking money gone and it's like this guy
all these accounts and he was just sat there instant So at that point, we had to turn it off.
And coincidentally, that happened when we joined Abstract.
So essentially, there was an attack on our payment system
on the day that we joined Abstract.
That isn't, it's not an accident.
It's not, that isn't like, he just randomly chose this time.
That was a, a you know a quite
obvious deliberate attack on our payment system to discredit us um but yeah that's the only thing
that is slightly different to some of your more well-known casinos is that our automatic withdrawals
aren't turned on for everyone some people are whitelisted and that's fine but the other ones
and there's like a review period, so a couple of hours, rather
than it being just instant.
going to say, Cap, crypto, I'll hand it to you, Cap,
because I know we're going to, but I was going to say, like,
actually will contend, you talked about crypto people earlier,
the good, the bad, the ugly, the whatever.
For what it's worth, they are the
the face of the planet because they find the loopholes in everything in the weirdest ways
possible and so that's um you know that's a classic example of like i never would have thought about
that but somebody tried it and said fuck it and it worked and it's like it's like i always say
like you want to find the best people to test your tech product get a bunch of crypto people and tell
It's going to take them about 10 minutes,
and they'll find 15 things that you did wrong with your product
that you thought was airtight.
It's one of the most hilarious things about being here.
And we get some really, this is the other thing about it.
You get people, obviously, that will exploit these things
and never mention it to you.
What I've found, though, is there's more people that will spot it and then come forwards and say i've just noticed this
and then we just give them some money we'll just be like oh it's fucking brilliant thanks for
bringing that here's 500 so like there's actually which is quite nice there's more people in our
community that will come forward and say i've just noticed there's this or there's this or there's
this and it does this and you need to fix it versus the amount of people that will come forward and say, I've just noticed there's this, or there's this, or there's this, and it does this,
and you need to fix it, versus the amount of people
that actually come and just try and rob you blind,
which is nice, because I think on the whole,
there's a disproportionately large amount of scammers in crypto.
Some of the most ruthless people go in, I think, are in Web3,
but also it's like some of the most innovative people
go in are in Web3. So it's like there's the most innovative people going are in web 3 so it's
like there's a weird it's very wild west like um but i think it will improve but i think first of
all like it's the projects that need to improve it's like if you're raising millions not to go
on some kind of like um you know rant about it but genuinely like so many things raise millions
that just deliver nothing, or they deliver things
that are poor. And it just sets a
bad example. You should be...
It's the people that build in Web3 that need to
job, and it will filter down.
One other thing I just wanted to plug or give a quick
show real quick, and if there's any other
anything else Andy would like to share with our listeners this morning i did see there's some you
know pretty great welcome you know sign-on bonuses uh not uncommon in poker online gaming on chain
gaming i gaming etc pretty big ones here up to 5kK for a $100 deposit match bonus.
Reload packages, 125%, up to 2K, and VIP deals coming soon.
Get up to 8K, but yeah, up to 5K on your welcome bonuses.
I did also see that TGE coming soon.
I'm not trying to pry any alpha or anything that you're not ready to share,
but is there anything that we didn't ask yet on Gambler or your plans with Ape Chain, anything that you were hoping to share this morning we didn't get to?
Well, the Gambler NFT comes out soon, the PSP.
So that is the marketing for that will start tomorrow.
In fact, it's already in its initial early raise with our existing community.
So they're getting involved.
I know there is an allocation for apes.
Originally, that NFT was going to be an abstract chain.
We're now going to launch it on Ape Chain, obviously.
So that will be coming to Ape Chain.
That is a – it's not just a picture.
I like to have things that have a lot of utility.
Our NFT is rammed full of it.
So if you're a big player in the casino, sportsbook, whatever else,
But more info will come out.
I'll try and remember to tag you in it when the marketing stuff comes out, actually.
We'll definitely share it on the show.
You're tugging on my heartstrings.
I'm going to explore a little more, play around.
And as time goes on and you get some of this stuff launched,
we'd love to have you back someday to do a deeper dive and kind of an update.
Like, it's just, it's simply better when you're bringing on Chain.
And love that you chose Ape Chain.
Appreciate you sharing the decision-making process there.
And I do think that, you know, it's funny, Steve,
we're having this conversation about
new nfts what's going to get a new ft to go like i do believe like there's something to be said
still for for digital identity i don't think pfp nfts are dying for me if i'm going to get excited
about a new pfp nft it's going to be utility and especially one that's baked into a platform that
i like you're like oh this might be a little boost on my deposit bonus or a little boost on my rake back.
That's exactly what it is, yeah.
So it's a PFP, but also RAM full of utility.
That's kind of how we do it.
It's like the project behind it is solid,
generates revenue, generates profits.
The NFT is just another part of that.
Later on, there will be the token.
But that won't be until, you know, still a few months off.
And that's mainly because the token is kind of the thing
that brings the least value to the casino.
It's like the NFT is great.
You've got the PFP everywhere.
Like for me, the token is the last thing that you should do,
like demonstrate that you can build a product
Launch an NFT that brings huge value.
Launch your token that brings value.
The token is kind of the final thing versus launch a token,
raise millions, and then just fuck off,
which seems to be standard operating procedure for quite a few people.
So we're going to do the token last,
and then everything else will be in place to sustain the token. You know, there's not going to be these crazy pump and dumps
and it needs to be right when you do it, is my opinion anyway.
Absolutely. Amen. Amen. Well said. Well, thanks for joining us. We appreciate it
and looking forward to look out for the PFP. I agree with Cap. That's the thing that gets me excited is
sort of a PFP that's part of an ecosystem. So cheers, Andy, and I'm sure
Yes, thank you very much, guys.
I mean, guest to guest, I'll let you kick right into it.
Oh, I thought we were just getting a static avatar here.
I didn't see, I didn't realize we got fancy avatar here.
Hey, how's it going, guys?
Hey, yeah, this is a VTuber.
Typically, it surprises people.
That's why I send a message like,
oh, it might surprise you guys to see me like this.
I know we're running a little behind here.
I do want to get into your background as well as what you're building
and what you're launching here on ApeChain soon.
But do you mind hitting on that a little bit what explain like the
the the vtuber like for anyone that's not familiar like is this specifically like something
that you just had commissioned is it part of is it part of the the project like do you mind
expand on just a little bit yeah yeah definitely yeah it was we we got it made um so it's it's
very typical on in for streamers and stuff if you want to have
uh you know your ip your character like you could have your ape um and you've got you know the
mouth tracking the eye tracking um yeah it's pretty cool very cool well uh jay again appreciate
you joining us today i do just want to jump right into it since we're running a little behind but
you mind just sharing a little bit about your journey, your story, your background?
Then we'll get into all things Battle Paws and Marscat and beyond.
So I was initially, many years ago, pretty skeptical about Bitcoin.
So I really kind of drove down in the rabbit hole of buying gold, silver, kind of the Peter Schiff cult, if you will.
And later on, as I kind of understood a little bit more about the mining aspect, the proof of work aspect really with Bitcoin, but much more so with Ethereum.
Started getting into mining. That was really sweet. That was awesome.
In the past, collected Pokemon cards, coins as well.
So NFTs is kind of like a perfect, you know,
it was very easy to transition to NFTs after that.
just kind of fell in love with the whole community aspect in, in,
you know really really deep you know uh 2022 well 2021 2022 uh with the whole metaverse uh you know
narrative right like that that's the one that kind of really captivated myself and i know a lot of
people that that aped in um um pretty heavily as well definitely haven haven't lost hope in the metaverse, but
yeah, that's kind of what brought
Very cool. I appreciate you sharing, and
metaverse, one of the things that jumped out to me
on this announcement, I'm curious to
debut title, Tales of the Fracture,
Voyage, Voyage here. It's an amazing world brought to life by a few legendary artists launching on Ape Chain in collaboration with Nifty Island, talking about the future of gaming
and digital ownership. Can you, can you explain that a little bit? Like where, um, the decision,
like the, the Nifty Island, Ape Chain, you know, connection there.
Why both of those? Why Nifty Island? Why Ape Chain? What drove those decisions?
Yeah, definitely. So we'd kind of like scoped out Nifty Island, like, as early as like,
you know, late 2021, and had followed its development progress and, you know,
building up its community over time. And we have someone on the team, Biggin, who's been very, very heavy in that community ever
And in late 2023, reached back out to the team, saw behind the scenes that the world
was starting to get very compelling and the experiences were looking pretty good.
And so, yeah, decided to reach out know, reach out to the founder and talked about, you know,
what they're going to be launching. And we dove in, in the play to, you know, play to airdrop
phase that started, or their open beta, I guess you could call it, that started early 2024 and
just dove in, you know, max, right? We started to do like loads of events
and, you know, live streaming really took off.
And yeah, just really, you know,
it was really like a big success for us.
Like we community really got super excited.
It kind of rekindled a lot of the vibes
back in 2021, 2022 with the metaverse.
And like, well, we had, I think,
hoped that sandboxed maybe Decentraland
was going to provide like an easy way
for people to just kind of get in,
you know, without having to pay, you know,
20, $25,000, which is what was very,
like people laugh, but I mean, like that was very, very,
you know, it was very normal to assume
that that's what you had to do.
If you wanted to be in the metaverse
or make a play there, you had to have like, you know, 20,000 $25,000 plot of land.
And, you know, pay up to 30 $40,000 to get a little experience going like a little spaceship or something like that where people can go in find out about the lore.
You know, those type of things.
So Nifty Island was great.
Like, I mean, community is awesome.
it's brought together like all,
some of the best artists and,
in web three and even like,
it's attracted a lot of folks,
not really into web three,
but really want to kind of check it out because they can build a whole bunch of stuff.
You can bring in any kind of 3d asset you'd be developing in like blender or like some other,
and, and, and bring it in. Um. So yeah, so that, that's,
that's first off like Nifty, like, you know, the reason why we,
we chose Nifty and then later on throughout the course of that year,
we like, we're now the top Ethereum community on, on Nifty Island.
And we'd also been doing a lot of stuff on ape chain and when
we heard the news that ape chain had integrated into nifty island that was like a perfect
i think a perfect um opportunity for us to um to do something with them and we were hoping to do
something a little bit before with nft shadows which had to be put on the back burner for a bit
um but um yeah so this is kind of like our way to get in and do something special there.
Are all your cats 3D assets ready to go for Nifty Island
or are those custom jobs done by the individual users?
Yeah, so we did have like a bunch ready to go.
So they don't have all the cats in the game.
We do have like a bunch of different avatars because we realize
not everybody's going to actually use their
3D avatar, so that's something we want to work on
and make sure we've got a good
for that. But yeah, there's a whole bunch
of avatars that they can use.
We're also integrated into Pixels, which is
one of the bigger, more indie
game, I guess you could call it, games.
And we've got all the avatars in that.
But yeah, lots of other different kind of seasonal stuff like Christmas avatars, Halloween avatars.
Like, you know, you can think of that.
So tell us about Battle Paws.
Any details around launch timing?
And is that, I see in July on Ape Chain, so are we talking days here?
Yeah, that's right. So it's going to be launching this week.
So Battle Paws, best way to think of Battle Paws is kind of like our new distribution wing.
Battle Pass is kind of like our new distribution wing.
we did a free mint of Palmcats like a few months ago.
And that's kind of like our test
to see if whether the market was ready for this.
And we always thought that like eventually,
they've released new IP now to try it out,
to try to develop out a community
or there's like a product
and you want to develop a community
Well, the perfect thing about these like open game worlds
is that you can mint these NFTs,
and then plunge people into a world right off of that.
So you don't have to wait for
or set up a long roadmap of like,
you know, this is going to come, that's going to come.
You can give people this IP right away,
but not just create the NFTs
and then have a couple events
and then like, you know, that's it
and maybe work on other things.
You can actually use the game world
to continue to power that experience.
collect other items from the collection as well.
So emulate a bit of that, the gameplay that people are already used to in Web 2, whereas you pay a subscription, but you
can still earn your way to some of the items, like the rare items, right? So we're going to have a
mint instead of subscriptions. So it's going to be a long-term project with multiple releases,
and we've got four already lined up and some really cool
partners that we're we'd love to kind of surprise people with very soon but that we've already
released who's going to be our release one partners pharaoh cantal tech and d boss like
three absolutely legendary artists like in nifty island they're part of kind of like the whole uh spirit of that of that
metaverse and um yeah so use the open game one the best thing about it is that these are all open
standards and we're using nifty island to power the experience but these items don't live on nifty
island like you can go onto portals which is a solana based um metaverse you know i i once we
have the odk and we see like you know what know, what type of standards the other side uses, but I
wouldn't be surprised if they're compatible
GLBs, which are very standard
to, like, pretty much any
metaverse out there. So people can take
this stuff anywhere they want, like HyperFi
that collector experience, so i i have
a question i just it's kind of more of an overarching question because i love hearing
about like everything you're working on now like what keeps you motivated to stay building or keep
working on things or motivated to stay in the space so like this is a collection that minted
in 2021 like people know them uh from them uh from back then like what's the motivation to say, Hey, want to keep doing this thing?
Want to stick around here? Because a lot of people have,
whether it's common left or whether they, you know,
didn't choose to participate or buy something new or do something new.
It's like, there's a bunch of reasons people have left the space.
What keeps you motivated to stick around?
Yeah, that's, that's a good question.
Like I think it always goes back to, and I have to kind of keep reminding myself this,
I think we're part of a very, very new ecosystem,
and we're all playing around with the early artifacts of that ecosystem.
So this collection that MarsCat cemented in 2021,
the community that it crystallized at the time, like even with the kind
of fade off of the bear market and stuff, we still have an awesome, awesome network, right?
And yeah, some of them have maybe forgotten or some of them have maybe kind of like lost a bit
of faith, which is, you know, common to like a bunch of different communities, but they're still
there, right? So like once the narrative does come back, which I'm sure it will, and I think it's
actually going to be, and I'm one of the few people in the space that thinks it's actually
going to be way more aggressive than 2021 or 2022. And I think it's going to be completely,
it's, you know, it's going to completely dwarf that time, in my opinion, just because of all
the legislation that's going on, the different, yeah, pretty much legislation is kind of like
the main thing. Like there's just basically no, not as many or anywhere close to any kind of resistance to the space growing.
And like, I think we've got the tech now, you've got Nifty Island, you've got other side going live and the stuff that they've put out.
Like that, it's, I mean, it's just crazy, right?
And you've got AI that's going to be helping people develop some of this stuff and put together these experiences and experiment like at a rapid pace.
NPCs, AI NPCs, so smart NPCs, making these worlds feel much more alive.
If you look at even Web 2 games, all the mods that people create,
it's to have companions walk around with them around the world
as they go and shoot bad people or build some stuff.
People want that companionship, but people also want the role play people love, love, love, you know, role
Um, so yeah, I just think that we're at the start of something massive and, um, I think
what we're about to do with battle pass, I think the space is ready for it.
We want to keep the engine warm.
We're not looking to, you know, make something massive, massive, massive off the bat. We've got a whole year of stuff coming out, but I think the
space is ready for it. I think it's a good idea for us to get things warm, launch stuff in the
metaverse. And the other magic that we're trying to emulate is that it's not just revealing something
on OpenSea and just refreshing your metadata, like, oh, awesome, cool, you know, getting ready
but also doing it in-world.
So we're going to have people refresh the metadata
on OpenSea, but also in-world,
you just refresh the island,
and you can check out the different avatars
you've maybe minted, the different objects,
the different props you want to put on your island.
You can scan to see, like, you know,
how many of those actually exist,
you know, in the collection.
the start of that Ready Player One
How long do you think before
we see, or let me ask it a little bit
different way. I was going to say, how long do you think before this
becomes more of a meta, but honestly,
do you think traditional gaming studios
onto this or are they going to do the thing where it's like look we built this big lead we have these
massive numbers there's no reason for us to do this why would we do this um and do you think
there's an opportunity there or do you think there'll be you know things like nifty island
will be absorbed like what do you think happens with the traditional gaming world in this meta
of digital ownership which seems relatively logical.
I think it's going to take a big player to maybe do something.
I think GTA six has been rumors since like,
you know, some of the folks are on the,
on the dev team had a lot of exposure to crypto or had that kind of,
They understood crypto and,
So I think it's going to maybe take a player like that to kind of make, to make a big move in nft specifically um so i think it's going
to maybe take a player like that to kind of make to make a big move in in in web3 to show people
what um you know what's what type of use cases they can plug they can plug into i think players
like nifty allen could get absorbed that that's also possible like these marketplaces for 3d
through 3d assets or you know, collectibles.
But I think what's also going to probably happen,
and I wouldn't be surprised if you see that, is, like, this, like, big news story where a big studio that, you know,
COD, you know, CSGO or whatever,
where devs are just, like, handing out rare items here and there,
randomly dropping them in other people's accounts
when people are buying, you know, V-Bucks or these other currencies
that live in, you know, databases and stuff or V bucks randomly appearing in like some dev
daughter's wallet somewhere. Right. And it's like, so I wouldn't be surprised if that,
if that, if that something like that happened, but even if it doesn't,
I think the space is going to go there anyways. Right. So, yeah.
Well, no, right on. I mean, it's, it's, I think it's a, it's a um i think it's it it eventually gets there and uh
yeah gta 6 at some point i'm waiting for the or i'm waiting for the next gta uh trailer to come
out and be even better graphics next year and then we can figure out when it's actually going
to come out um i can't wait for that one um one more question we kind of asked a lot of people
i know you mentioned ape chain when they did the integration with navy island it made sense
any other reasons you you ApeChain?
You know, we've heard from a couple people
You know, it is business people
Feels like they have a flurry
So what made ApeChain appealing for you?
I think it's really the community
and probably like even some folks on the team.
Like even Sven, who's on the community side, reached out to us a few months ago, myself and Craig, who's on Chimpers.
And just needed a little help running some game nights in the Ape Chain Discord.
And we kind of volunteered for it, saying like, hey, this is awesome.
There's a new game that has some of the same features as nifty island called alternates on a
chain where you can also import some of your your ip so think of like a you know different ape weapon
like g's is are in there as well um and um so it's from my perspective like okay cool we can maybe
do some stuff with them maybe find a way to get our IP in that game as well, and it's got all the
kind of, the cool, neat things
that, you know, we want to expose our community
gaming space, so did that
and like, you know, he was really nice and just
basically said like, you know, you guys
run it, you host it, you know, take care
of, you know, take care of everything and kind of, you know,
and stepped away, and to me, that
was a sign that like, you know that there's a lot of trust,
there's a lot of good energy here. And been also in Ape Chain fairly since it went live
and been in the NFTs, buying some NFTs here and there and being part of the communities.
And yeah, the energy is just really good. People are just super rambunctious. People are just
going after it. And it's like, you know, I think other, other chains are maybe, you know, are exploring different
kind of ways to kind of get that marketing. Whereas I really love, you know, what I see
from, from Ape Chain on just like, you know, getting shit together, doing some really cool
stuff, doing stuff that's like wild and, and especially getting people together and like
these like big spaces and having a lot of fun, laughing, you know, that's like wild and, and, uh, um, especially getting people together and like these like big spaces and having a lot of fun laughing. Um, you know, that's the kind of environment I
think we want to, we want to be part of. Um, so yeah, and just people have been super nice. And
even just like getting on spaces and stuff before this, like everybody's been super open and,
and, um, approachable and, and, you know, so it's just, yeah, I think it's just like a very,
uh, culture here is, is definitely, um, is definitely um something to to look out for yeah love that uh cap any other thoughts or things
before we we uh you know kind of close it close it out here yeah love i love the
how these these builders are coming to ape chain and why,
and like community is real.
Like this stuff is not saying everyone's going to jump in and pick up a
battle pals just cause they're on ape chain,
when you have built those relationships within this nifty Island community
it's like my big takeaway from this,
Steve is I do feel like we've talking about maturity and the space, you know, growing up a little bit, I feel like we've maybe, I'm going to say this, I'm going to need to find some wood to knock on.
I feel like we've maybe reached the point where most of the leaders here do believe in collaboration over competition.
Just the, the idea of multiple builders building together,
common, you know, common goals in mind,
like helping each other out.
Like I just, this is the way and gets me excited.
So grateful to have you on a change.
It was great to chat that you got a lot of friends in the chat,
Uh, I don't know if you could peep over the abstract chat,
but you got, uh, uh, you got, you got some big fans over there.
The great dude, love JB. And, um, some big fans of the, you got some big fans over there the great dude love jb
and um some big fans of the uh some big fans of the uh the the uh vtuber am i saying what would
it say it again yeah vtuber yeah yeah yeah steve i think i think we we got to go one of two ways
steve we're either gonna have to get you in uh the shape you were referencing earlier and we can we
can do the uh steven cap stream from the hot tub or we go V tuber with,
some digital identities here in this.
I think we need to play around with one of the,
one of those two options,
I appreciate you jumping on with us this morning.
the bear skin is just electric and I,
I want to get one of those IRL to wear,
on the show. Basically basically if I come on
in a bear skin I did get my wife a like a full-size arm blanket like almost like a snuggie type deal
that is a big furry sloth and our dog sometimes at first thought she was a giant toy so it did
not go over well but they've gotten used to it but I think one of those that's like a bear skin uh I
think that would play well on the show so uh thanks for coming on and inspiring our wardrobe this morning.
Yeah, welcome back anytime.
Appreciate you joining us today.
And we'll be rooting on the Battle Pulse
and looking forward to seeing this next chapter here.
But yeah, enjoyed the conversation.
Thanks again for joining us today.
Thanks, guys. Have a good one.
Good chats on the Ape Chain this morning
and a couple of projects.
It feels like Ape Chain, I mean...
Pretty big complimentary.
I mean, we did not plan that.
I actually had no idea of Andy's journey in terms of choosing where to go.
that was also another big takeaway is two leader,
very complimentary of the chain team.
And unless I don't want to put words in their mouth,
but my takeaway is that was one of the driving forces of Wyatt chain is the,
is the team they're working with and the support they're getting there.
Yeah. It sounds like it. It sounds like they, um, I mean i mean look and again like i know andy was a little more aggressive i'm not gonna say anything about any individual
teams i like a lot of teams around here so no uh no shade uh in my game but i mean it is true when
you think about it and say to yourself like look like there are some very real teams and very real
people leading apepe Chain.
And I think one of the things that's probably frustrating for not just Ape Chain, but I think a lot of people in this space at times, is that you will be building for a very long time.
You'll be working very hard, and you'll just be waiting for these announcements to come out.
And you just won't be able to do them because you're waiting.
It's got to be the right time.
It's got to be the right partner.
And unfortunately, sometimes those things take time and i think with ape chain what we're seeing now
is that these are some of the partnerships that these things didn't happen overnight they've been
working on them for a little bit you know they talked about when he went to nifty and the discussion
that happened there um and the other thing about ape chain is like you know we talked about this as
well one of the things i appreciate about the ape chain team we, we talked about it when we had the whole DAO discussion,
is that at some point you need to run a business like a business.
And while you want to help as many people as you can,
while you want to be as involved as you can,
like the fact that I heard, you know, in Andy's post,
he said it in his LinkedIn post so he can say it.
He said, hey, I'm working with a new partner
that I gave some equity in my company to.
It's like they're trying to create sustainable opportunities for the chain
through real businesses as things move forward.
And I think those types of agreements are important.
They're running it like a real fund.
They're running it like a real business.
And to me, that was a very bold.
The two conversations today are as bullish as any that we've had
surrounding Ape Chain and what they're doing
because the casino business is a very real one and the gaming business that he's doing
there and then integrating it in metaverse looking at that meta obviously they have other side and
people working on there as well but the nifty on integration the fact that they are working with
these companies to try and bring in value back to them i think is huge so yeah to me it's a um
you know again big uh big opportunity you're seeing there second Second to all that. And yet, not built overnight.
These teams have been building for a while.
But as far as that, like the conversations they've had, I mean, the leadership team really got just put in place.
I mean, it's been within six months.
I mean, the Dow just got disbanded or I don't know what we're going to call that.
The Dow got, Dow funds got shifted from the Dow to Apeco. Like that's not like,
that's really recent. And you know, we, we've said this,
we've shared our experience and our, our conversations,
our journey and how it really has like,
there's been a leveling up in terms of business development and the
conversations of professionalism.
Even I see the Apechamed Hub account out in the audience,
even our back and forth with, you know, like we have,
and this is not a slight at any of our other sponsors,
but we have what I feel is like our first like professional account manager,
someone that we, you know,
we can work with on a client relationship standpoint ongoing,
not just say, here's the deal, here's what we're going to do.
And then we'll check in once a month
or we'll check in at the end of the campaign.
Like that's normal and probably enough for most of the things
we do. But I just, I just would echo everything that was said in positive light because that's
been our experience as well. And it is refreshing and it gets me excited about what are we, what are
we going to be talking about a year from now? Right? Like people say, oh, let them cook. The
type of things that they're working on. And when talk oh we're going to have equity in this like that stuff doesn't come together overnight it
doesn't come together in days and often not in weeks and to think like i know ape chain got
launched last fall at ape fest i know board api club's been around for four years now but really
like this current iteration of the team that's leading Ape Chain, it's about as fresh as anything in the space.
As far as what they're doing and how they've had this current structure and this current team, it's really fresh.
And it's exciting, very exciting to me, to hear the feedback and the why behind why these talented teams that could go anywhere, why they're choosing Ape Chain.
And man, play that out for another 12 months.
What are we going to be talking about a year from now?
I think very bullish sentiments.
And I'm not trying to take anything away from Gambler.
I'm not trying to take anything away from Marscat or their upcoming Mint.
But the bigger picture is, I just, I do, I leave this today's show,
you know, I'm notching up my bullishness on ApeChain and what's happening there.
Yeah, that's it, that's where I leave it. I leave it in the same way where it's like, to me, it's like,
you know, that's, you know, massive, massive when you see it, you know, again, like, there's another
one. Sir Joey, you're talking about Chimpersers right uh ape chain are genuine collaborative and supportive uh with the
teams they want to build quality products and experiences long-term bullish on ape chain
um seeing a lot of positive sentiment turn that direction which gets me again it gets me excited
because i'm the same way like that's my takeaway this morning is like those conversations get me
very excited not just about the products like you said there's cool products being built but
about what they're doing i mean we're going to eat fest they have a partnership with
complex con you know complex con they have a new banger dropped this weekend
caps like the kids he's with the kids with the new music i'm not i mean everyone knows drake now
drake's not going to be a complexCon, but the artist... He might be.
I mean, the artist who's featured is one of the headliners there.
And yeah, I think like several of those artists you may not be familiar with yet.
I think you're probably going to have some songs in the summer.
The Drake single might be one of those.
You'll probably be much more familiar with the acts if you aren't yet by the time ComplexCon rolls around. And last thing on this one too,
we talked about those legacy NFT collections
and have they been building in the bear?
I think we would be remiss if we didn't shout out Chimpers,
not just because I made the promo shot this morning, Steve,
but I will flex that for a second.
They've been shipping. They've been shipping.
Chimper's honorary from Tempers.
By the way, if you want one of these, now's the time
to ask. Tempers put out a
and if you want one, drop
your PFP below and retweet
I'll pin this up top if anyone's looking for it.
Let me just make sure I can go back and find it.
But what I was going to show, Steve, is, I mean, price, like they didn't pop on that chart, but floor on chippers is up to 0.73, like pushing an ETH.
And, you know, it's, it's getting attention. They deserve pull back just a little
bit in the last 24 hours, but up big, uh, in the past month, it's ran from like 0.4 to up to 0.73.
I also saw that was on that list you, you showed earlier. I saw that, um, uh, let me share in the
wrong time. Let me share, uh, let me share this one real quick, just so you can see what I was
looking at. I was a little, little lagging on my screen shares but you know look you know 0.4 all the way up to
to like i said 0.73 now uh really running in this nft revival season uh if you will and then the
other one that uh the other one that was on the list was uh goodes Club and quietly approaching all-time high in USD value.
Yeah, I know. People are looking at it.
No, I did see a couple people saying
Good Vibes Club coming in at all-time high,
and I was like, wait a minute.
And then I went and checked. I was like, oh!
Because I know they crested in ETH at one point,
but ETH was significantly lower. Yeah, Good Vib vibes club continues to cook as well i love them um uh i love
them and that crew and one of the nice newcomers we've seen um in the uh in the whole cycle uh so
yeah i mean good uh good stuff man i definitely um i i definitely am excited for the upcoming
season to see what comes out of this thing.
Feels like we are just getting started with a lot of things and figuring out where you're going to be.
You can't be in everything in markets like this,
but figuring out where you want to be and being really good at it is going to
if you were listening in today on the audio spaces and you didn't see the
I just want to call attention.
There's two pinned posts up top.
Go give Jay a follow if you haven't done so already. There's a Battle Paul's post up top. There's a Mars Cat Voyage post up top. Go give those accounts Andy a follow. And the Gambler account is also tagged in that post.
So all of our guest speakers you can find in the Jumbotron up top for our audio listeners that didn't get a chance to see that beautiful VTuber from Jay and Andy's smiling face this morning on video.
Their accounts are all linked up top and would appreciate giving them a little love this morning.
And if you haven't done so head over to YouTube,
smash that like repost or like,
our carousel got nerfed today.
So I'm going to pin it up again to the,
hit the reminders for the shows this week.
We'd be greatly appreciated and excited.
i'm hesitant if i if i put this out in the wild i'm gonna go ahead and say it
we we turned it into august on friday of this week august we hit august on friday
i don't know about you i don't know about everyone for me if i look back to 2021 it wasn't even close august and september were by far my
two biggest months from an nft trading standpoint like vastly exceeded any expectations that i
possibly had not even just in nfts in nfts up to that point like things were going great there was
a lot of excitement you know eight minute in apr April, May 1st, and that was running.
The war on the floor had happened.
There was a lot of buzz, a lot of excitement.
And I knew we was on to something.
But April, September of 2021 was absolutely pandemonium.
And a lot of the stories you've probably heard me talk about
if you're a regular here on the show,
you've heard me talk about the the uh you know the six-figure lunch break where i you
know was fortunate to meet a few loot uh nfts you know the the uh um the tom sacks you know
overnight flip you know from mint to 20k flip and overnight and i was and i regretted i saw the
things all like oh shoot i messed up those were all that took place in October and September of 2021. And I'm not saying it's going to happen again. It's
definitely not going to be exactly like that, but I'm getting a little tingly that just with
this momentum, the excitement, everything that's happening, it's like, let's run it back. I'm here
for it. If we can, if we can run back September back September October I promise I won't take screenshots I promise
request to the the crypto
the like this morning is just give us one
that was September October or
gladly be the sold-to-early
numbers if everybody else wants to.
If I have another 0-20k flip
overnight, I won't be upset. I will be very
even doubt it for a second that I made
One more thing. I'll give an update on this tomorrow because i
think kaido yaps are still updating from yesterday by the way but at least as of right now
i don't know if this is the case or not so i don't want to throw conspiracy theories out there
last week i unstaked my kaido so imagine you know i've had days so to give you ideas of days July 20th, 10 yaps, 21st, 47th, 22nd, 10th, 23rd, 8th, 24th, 6.37, 68, I'm sorry, 63.
Unstaked, I believe, on the 24th, I want to say.
Let me check the exact data on unstaked because I want to, I'll show this here in a second.
So I think I unstaked on the 23rd. So right before the 24th.
Since then, my app, so my apps have gone from like 40, 10, eight, 63, you know, 47, 10.
Now, since then, since my unstake 1.77, 2.7.
And yesterday with a tweet that did, uh, that that did 38 000 impressions or something 0.97 so
i'll report back that i don't i don't think that one's counted yet but that's pretty
i think you might have unpacked a i don't think yesterday's is counted to yaps yet i think there
is a full 24 hour plus lag i could be wrong but i i don't man i didn't look at yourself a little closer but i
don't think that's i think you might have just uncovered a conspiracy anyone said this yet
anyone talked about staking being i'm gonna i'm gonna i'm gonna tweet about it and do it in a
very controversial way because that'll do big numbers and then we'll really determine if your
yaps are getting nuked because you unstaked yeah i um i'm not i'm not even kidding i've not heard
anyone mention this or anyone
references or talk about this potential conspiracy but that's pretty alarming it's a pretty notable
i'm gonna unstake tomorrow and notice because it's like i mean again when you're talking about
like i mean if i go back like again like it's basically like 10 40 10 8 63 and then on after the unstake 1.77 2.7 0.97
so like and if i do less than 50 yaps tomorrow in a 38 000 impression tweet or whatever it was
specifically about the market 39 000 now it's approaching 40 um i still have a guy speaking
the world war two soldier that refused uh to give up the. I still have a guy speaking to the World War II soldier that refused to give up the fight.
I still have this guy, this mutant arguing with me and not taking the L after saying,
I don't understand and keep up with the market.
I explained I host a show, then said, why don't you mention these projects?
I mentioned I've had them on the show three to four times.
And I'm like, just take the L.
I actually said take the L, man, and gave up, and I don't think I'm like, just take the L.
I actually said take the L, man, and gave up,
and I don't think I'm going to respond again.
But people still responded to that one.
So we'll see how it is tomorrow.
But if I have, like, one or two yaps tomorrow,
like, this tweet's a fly-in. Because there's no reason that you would exclude the tweet
that's basically about NFTs, about the market, and
talking about it, but I did
So, take that for what it's worth.
We shall see. Tomorrow, I may... If I wake up
tomorrow, I will change my mind. If I wake up tomorrow,
even with like 20 yaps, that would still
be odd on 40,000 impressions to get 20 yaps. But even if i wake up tomorrow even with like 20 apps but that would still be odd on 40 000 impressions to get 20 apps uh but even if i wake up tomorrow if i wake up
tomorrow with anything less than like that it's like probably something to be said about the
staking mechanism and how it works so um yeah it's gonna be an interesting uh interesting one
to follow um but uh you know i'll have that money come wednesday and if i unstake my my yaps might literally go to zero like i i run basically you you've been
talking about after the the drop off so yeah if i unstake it then and they like i may just not
register a yap if that's if this is in fact the how it's working i mean i had i i had a pretty i
mean the fact that i even went with like the ones, like, the numbers I'm telling you now,
like, the fact that even in the past few days,
like, with the stuff that's big, 1.7 and 2.7,
I mean, I want to say, when I'm looking at my tweets from last week,
I mean, you're talking about...
I mean, I kind of like it.
I kind of like, I mean, I'd like to get more for staking,
so it's like, I actually don't think it's a bad idea
if they gave a multiplier to
those that are staking x thresholds or have a tier or something but you would think it you'd
think you'd want it to be transparent i guess would be let me give you an example for 2.7 yaps
on july 26th i did 5 000 impressions on a tweet about uh 5 000 impressions on one tweet that's specifically about the market and chasing things there.
I did 7,300 on a tweet about abstract memes.
I did 7,500 on your birthday tweet.
So you're talking about 20,000 impressions on something got me 2.7 yaps, which is not a normal ratio.
On July 24th, right before I unstaked, I'm trying to figure out what I did that was like noteworthy.
Right before I unstaked on July 24th, we did a post about Baker Mayfield that did 1,600.
A post about Beanie at 2,600.
I did do a 50,000 one about burnt toast on the 24th.
So like, I guess like we'll see because at 50,000,
like we have a pretty good baseline for 50, 60,000 being,
I don't know, maybe, or maybe it's like, I don't know.
Like maybe they have a new model that's like more impressions.
Maybe I did 63,000 impressions that day or something in that.
Well, all I'll say is everyone got saved because I did not earn yaps this weekend.
My birthday post didn't do as much as your birthday post about me did, but 10,000 impressions is a lot for me.
And I was like, okay, if I, if this leads to a lot of yaps,
my daily GM post is just going to be a thirst trap.
If that was my way to hack the system,
I'm not above, I'm not above.
So yeah, my thirst traps get nerfed apparently
but I kind of hope I get nerfed
because I think that tweet would cook.
It would be a fun one to talk about.
I say, I say, I say you let it fly either way way let it fly now while it's completely disingenuous and i have
the 0.97 from yesterday that's the best kind of controversial tweets that like there's like a
solid if you if you tweet it today like there's i'd say greater than 50 chance you get you or
the kaido account to reply to to to deny it. Yeah, probably.
I don't know. Not my style, but maybe I will.
We'll see. Hey, man, they love
the fake news posts, so we'll see if that
works. I don't know. We'll see.
That said, let's send everyone off into their day.
everyone who came through this morning. Good discussion. Ape Chain,
the market is cooking, and
we will talk to everybody bright and early tomorrow
morning at 8 a.m. Eastern time.
Have a wonderful, wonderful day, everybody.
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