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IT’S PENGU DAY!! on Coffee with Captain #793 - powered by $APE
Recorded: Dec. 17, 2024 Duration: 2:39:36Space Recording
Full Transcription
I gotta leave a to the professionals.
Last by Bungie, blah, blah, blah.
Started off with a bitch, now I got coin.
I see where you're going in, poppin' since web one.
Had a hoax on web two, I was livin' the dream.
Now I'm on web three, and it is what it seems, topping the pyramid schemes, I'm telling you.
I'll sell you a percentage on Nebula, shout out to Vince, yo set it up.
Surfing on the web and I'm shooting at three, I've been golden when I got my tea, I'm an elegant boy from a different planet, yeah.
So I got my drink, I'm riding in the 1920s model T Ford.
GM, GM, drop us a GM in the 1920s model T Ford.
GM, GM.
Drop us a GM in the chat down below.
Give us some love on the space up top.
Hit that like, repost, and bookmark.
And we'll get rolling here in about a minute or two. 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.
Surround the bike blue.
I want one, but I got a cop turned.
I want to fly high in the sky.
Arms out wide.
Tronosaur. You're my birds I 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' out octane
The only thing around my neck is the block with a rock
Now I got coins, I see where y'all go
Van poppin' since web 1, hella hooked on web 2
I was livin' the 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 Viz, yo, set it up
NLT, Twitter, blockchain, CM with the gold, see me ballin' like the brown jays
Crypto, crypto, we can make a trade, get the memo
Reviews not falling for the FOMO, listening to Coffee with Captain
You know we were a wide day loco, I ain't never gon' stop rapping
Orlando, yeah, we workin' magic, we rockin' Ethereum entities
I just went and caught me a half bass, man, I gotta shout out the 40
Now I got coin, I gotta shout out the 4-8
Now I got coins
I see where y'all going
Been popping since web 1
Hella hoax on web 2
I was living the dream
Now I'm on web 3
And it is what it seems
Topping the pyramid schemes
I'm telling you
I'll sell you a percentage on Nebula
Shout out to Vince
Yo, set it up
Breaking the mood to choose one
Bunny got knowledge to move, son.
I'm shocking these shades with my brother in suits.
Yeah, them blues is coming.
Even though it's hard to pick, any money, mo.
Soda on the mix, no biting lips, it's time to go.
NX number one, no thumbs up, you gotta scroll.
Looking at the ghosts in studio, it's time to go.
Had a helmet on by myself until I met a mask that wouldn't have a face off.
Had to bring my chainsaw, full ticket gas in the drive with my brakes all things crypto, NFTs, web3, and cutting-edge 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 the future. Welcome to Coffee with Captain GM, GM. Thanks so much
for joining us. If you haven't already done so, do us a favor and drop us a GM in the chat down
below. Head up top, score to the right, smash the like, the repost, a bookmark on today's space.
Hit the reminder for the shows for the rest of the week while you're up there. We would
greatly appreciate it. It's a big day today, Big day for Web3. Big day for everyone out there holding a Penguin,
a big or a little. Everyone out there that's an elite Chad. Everyone out there that's going
to be participating in Pingu Day. Big, big day in Web3. Even for those that might be completely
on the sidelines, I think this is going to have a ripple effect. Steve, I'm pumped. I woke up.
Normally, I've got my normal pregame routine, and I listen to Modern Market, and then I check out with 10
minutes to go and get myself in. It's not quite like the LeBron pregame, but I'm a creature of
habits, as you know, in the show. I am going to get a quick little walk around the block this
morning before things get too deep into the show. But my pregame routine is usually just like, you know, I check out about 10 minutes to go
till top of the hour from Modern Market and flip on some tunes and just make sure all settings are right,
all the audio is right, and get myself in the proper headspace.
This morning, though, however, I did the same, but instead of normal playlist,
However, I did the same, but instead of normal playlist, I went back to late 90s, early 2000 house and techno.
And I was running around outside like I was my senior in football.
And it was like getting ready to take on the opening kickoff, jumping up and down.
So feeling pretty good this morning. Excited to be here. How are you doing today, sir?
I'm doing quite well doing
quite well um not going to talk about if it made a non-nft fund purchase yesterday um uh the uh
you know just uh did so i'll probably talk about it next week but i'm pretty excited about that
um having what's that we get a hint was this the watch no watch no watch no hint yet we'll talk
about it uh next week but did something that i'm pretty excited about there um i have a question
for you though while we're cold opening give us a like or retweet a comment in the room by the way
let's get this sucker warmed up uh i know we got lots of folks in the chat. Clay, glad your book got there. Law GM, Mel GM,
GM to everybody out there. Osaka, Dort, the whole crew out here. Janner, good to see you in the chat
as always. Dow Jones, everybody else. I got to ask you about this IKB thing. We had IKB thing. So we had IKB, I know better on the show. It's a fantasy sort of, you know,
daily fantasy platform on blast. And, you know, we, we had this conversation. I, you know, I ended
up advancing a lot of these groups to the next round. Dawn, my wife got three out of her four
into the next round. So obviously that's plus EV for her. They're $25 entries.
So, you know, gets those $35 entries.
Did really well there.
I won $400 in one of my...
So I won...
First, I won $300 getting my entries to the next round.
Then I won $400 getting my entry in third place.
I was like so close to that thousand points.
Just barely.
I said it the other day, but one touchdown from like one of my guys and I'm back up there. So it was fun to have
that sweat. How many people advance? Now I've got third in my pod. Am I advancing to the next round?
Sorry, cut me to bad time there. I will have to check. You say you got third?
Sorry, cut me to bad time there. I will have to check. You say you got third?
I got third. So I think, I don't know. I need to check. I don't want to quote you wrong because
I did not advance. It should be populated if so. If you got first, you definitely advance.
My favorite thing though is I think you did this.
I think I persuaded you.
I think I talked you into doing this.
And not only did you have a great run and it turned out to be a profitable best ball season for you.
I drafted, I think, 20 lineups, Steve, 19 or 20 on IKB.
and myself, who I consider myself a semi-professional, 20-plus years seasoned fantasy person,
10-plus years in semi-high stakes DFS, and I advanced two of 20 teams.
So let Mrs. Bark know that she not only did better from a percentage standpoint,
with her four entries, did better than me with my 20 entries.
So congratulations to both of you.
Great run.
Results atypical.
Usually people are excited if they get a 20% advance rate in best ball.
So to be at 75%, it is virtually unprecedented.
Yeah, so Phonics is telling me that third doesn't advance,
so that means my best ball season is over.
So I about doubled my money on my best ball, which is not...
But doubled it without even your gold allocation yet, though, right?
Like, the Blast Gold is still coming, no?
I think the gold's all been distributed from all of my...
I think they distributed all the gold for all those entries way back.
So, to your point on that, though, for people...
Again, one of the reasons we really like this platform, we're really excited about IKB is a couple reasons.
One, there was no rake, meaning there was more money to be win.
So inherently, I won more money because I entered these things.
They use the native yield on blast to help fund things.
And I so I therefore, you know, there wasn't a rake.
And if you don't know what a rake is, it's like if you ever play Daily Fantasy, it's like you might buy into like, you know, $100 contest.
And there's, I don't know, like a $5 rake or a $25 or I usually buy into like these $5 contests and they have like a $1 rake or something crazy like that.
So that rake adds up really quickly.
So by getting all that money back, there was more money to be gone in pricing.
So that was good.
On top of that, Blast was distributing gold.
Obviously, that goes towards the airdrop.
I did get my Blast gold allocation already from IKB, I think, when I did the entries into that.
So that was pretty fun.
So got that all handled.
So that was good.
So the Blast Gold entry would then cover some of your, you know, depending on what Blast Gold turns out to be.
You know, let's say that's another couple hundred dollars right there that I got based on just entering. And then, of course, I advanced and I probably about doubled my money, which is good.
But apparently third doesn't advance the next round.
So my season is over in best ball.
Best ball is my style, though.
I will say I wish I had a little more going on in best ball just because I got to have a sweat basically during Monday night yesterday.
But that was that, so I didn't get quite as fun,
but I liked the fact that I don't have to think about,
I mean like daily fantasy I like,
but I also suck at daily fantasy.
So it's not like a good thing for me to play.
Cause I basically just lose money and get angry.
Cause I'm not good at it.
And the,
whereas like,
and,
and season long fantasy,
I'm just completely out on.
I just don't have the time to like watch the waiver wire and make drops and make trades.
So I think best ball will probably be how I play fantasy football moving forward.
I hope we see more, maybe one on ape chain next year.
Who knows?
Maybe one on abstract.
And then we're talking all pengu things today, which is exciting.
Um, so I just, I don't know.
I'm, um, I'm glad that it did well.
So it sounds like, uh, at least I'll kick you in this particular contest,
as did Mrs. Bark.
She did quite well.
So pretty happy with our overall results.
And we'll cash some of that money off the,
the old blast platform and maybe buy myself a nice,
I don't know,
buy myself a nice,
a nice dinner somewhere and save the money elsewhere.
But I don't know all these airdrop seasons though.
We got Pengu coming in today.
I think it's at,
if I looked earlier, we're looking at about 5 billion at the moment. I don't know if All these airdrop seasons though, we got Pengu coming in today. I think it's at, if I looked earlier,
we're looking at about 5 billion at the moment.
I don't know if somebody can give me,
can check me on that.
I'm trying to get my proper screeners up.
So Pengu is live.
I have not seen the allocations or the claims yet.
So only go to the official Pudgy Penguin account
when you're doing this sort of stuff.
Obviously,
you know, with the claim going live bright and early here, there's going to be a lot of scam opportunities and things that people are going to want to be careful of.
So they have the contract address up there.
They have the details on how to claim.
Waiting for someone to tell me, if you have claimed and you have a little Pudgy, a big Pudgy,
and you know sort of what your allocation
is roughly worth,
let us know because we are, you know, we're
out here trying to figure out exactly what people
are doing, what they're claiming, how much they're claiming
and, you know, been playing
around with it this morning. It looked like we
did see, maybe it was
Radium drop the
CA a little early, so I
think some people were on there playing around a couple of people in
the war room did all right before everybody in the world got in sites a
little low and let a little slower,
which is a,
which is,
you know,
to be expected for this sort of thing.
One thing I will say,
and we'll keep talking about this all morning.
I'm sure,
there is no rush to claim this right now.
So just don't feel like you have to get in and claim.
Don't feel the FOMO.
Right now, you know, I'm looking at it.
I think we just got the numbers on it,
or I'll just check the numbers on it in a second here.
But there's no rush to claim it right now.
Like, don't rush into it and do something you regret
or get your wallet trained based on that. Market value looking right now. Like don't rush into it and do something you regret or get your wallet trained
based on that. Uh, market value looking right now at about, uh, no, I don't have a good, uh,
I don't have a good read on this one. I'm going to wait until we get, uh, full, uh, full stats
from our, um, uh, from, from our Rick bot who is, who's pulling the wrong Pangu right now.
I think, like I said, I think I saw 5 billion earlier, but I'm not positive. So if you have
any numbers now, 4.5 billion is what I'm seeing. So in any case, don't rush to do it.
Information up there, only official links. So check it out and keep an eye on that because I
think, and I think we were talking about this. I think the numbers we saw predicted though, Cap,
was at 5 billion. I want to say that was Lil Pudgy's getting about $8,000 to $10,000 in an airdrop
if they were to pull it and pull the trigger right then.
And I don't remember what the numbers were on the big.
So I'm going to look a little bit into that.
I'll see if I can find a chart as well.
Have you bought? Are you buying?
I am a buyer today. I've not pulled the trigger yet.
I'm going to keep an eye on the charts here this morning and give the claims a little bit to breathe.
And if there's anyone that's a, you know, like if there's, I feel most of the sellers probably sell pretty quickly.
And, and if we see a, like, if it rips straight out way, it rips straight away and gets away from me.
I just, I'm, I'm going to attempt to actually trade this a little bit today.
I might even LP some.
And I think Wasabi,
I think I can log in on Wasabi. So I might actually trade this today, Steve, and I'm not a
trader in terms of longing and shorting coins and swing trading, but I've got some soul loaded and
I think that's how I'm going to play this one today. Just have not made any moves yet now.
Yeah, pre-charts that I'm looking at, and again, we'll see if anybody's claimed yet. If you claim,
tag us in the chat.
Make sure to tag me too.
It only tags Chris if you go in the chat.
Want to see that?
Claims at the moment, it looks like, if you have a little based on the early predictions within the market,
it's between $4 billion and $5 billion right now, which is between $10,000 and $13,000 for a little,
$72,000 and $90,000 for a big.
So what's interesting is, I saw this take from Clemente yesterday and I'm kind
of curious your take on it. Cause I do think he is, I do think he is,
he's pretty, he's pretty solid at, you know, some,
some of his thoughts that he puts out there that'll be counterintuitive.
And he had this claim that with Pangu,
he says like everybody's so hyped about it, freaks him out.
That was the one thing I said that freaked me out, too, is, like, whenever everyone's so hyped about something, it makes me a little nervous.
Sometimes they're right, but sometimes they're wrong.
But he also made the comment that, look, if people held their Penguin JPEGs and they're getting these massive six-figure airdrops, they're at least going to pull out their tax things, right?
Like, their tax purposes and do that.
So I think that there's something to be said about that, right? Like people are at least going to pull out some tax liabilities. And he's like, I don't know that this thing
is going to hold terribly, terribly wrong. So I just, I don't know. I'm curious your thoughts on
the, and by the way, we're getting the numbers now. So it looks like an allocation standpoint.
Sort of,
there is a,
you know,
Pangu claim,
little pudgies are getting 188,000 of it.
I don't see big pudgies on the list though,
but there's definitely a few things you can do on this site to figure out
what your Pangu claim number is going to be.
So we're going to be playing around with this all morning.
If you've claimed,
let us know if you're in there,
but Machiavelli,
go ahead and get in here. GM. Hey, GM, GM guys, happy Tingu
day. Yo, Cap, I love that Penguin, man. Like Lil Wenz went in on that. It looks phenomenal.
Guys, I started crunching the numbers last night and I was like, yo, if Lil Pudgy's got 10k a piece,
that's 210 million plus right there. You know what i'm saying like if if the big bang who's
got 10 000 a piece that'd be 88 million but but and and like i heard so many different predictions
you know what i'm saying um what was the number that you just settled on c what what did they say
the big ones big ones might be getting uh uh the big ones i didn't have a big number handy but based on the numbers
i saw i need to find my tab i have like 30 gazillion tabs open um i will give you the numbers
based on what i saw based on hold one second so the numbers that were given pre-market when people
were guessing and i don't know if these allocations were correct or whatever people were trying to
figure out the numbers but uh they said bigs between a $4 and $5 billion market cap
would be getting between, say, $70 and $90K each.
Lills would be getting between, say, $10 and $15K each
on that drop, which is just crazy massive numbers
to be talking about, but those are the numbers they have.
That's like $700 million for the bigs.
Yeah.
Like.
Oh, go ahead, sir.
Starts up top.
What's up top?
Did you pin chart?
Yeah, the projection of the U.S. dollar
by little and by big based on the market cap
is pinned up top.
Got it. Yeah. Yeah. And
there's even, um, there's even, um, the, uh, yeah, there's there I'm seeing now, you know,
uh, the, uh, they, they have like OG Ethan OG soul users that are getting some sort of, uh,
allocation abstracts, getting some allocation, obviously enjoyers, the elite chat role is
getting 16,000, uh, Pangu, uh, 1 Elite Chad role is getting 16,000.
Pengu, $1.7 million for those large pudgies.
So that's going through, too, as well.
So, yeah, I mean, we're seeing a lot of people looking in there pulling in some cash.
I cannot get into the site currently.
That's all right.
But I don't know that I've seen.
Do you think people are like, so here's the question I guess we run into today, Cap. and this is one of those like classic conundrums we're going to run into here is, are we going to
see, you know, this Pangu airdrop be largely celebrated and sold, or are we going to see this
Pangu airdrop be largely celebrated and held, right? Because I think that there's like, this
is one of the reasons why a lot
of people are like it goes live and i don't know how to play this because i'm not a buyer right at
drop i kind of want to see if the market comes into like right now it was like you know four
to five billion if i was swapping i would try to be getting this thing vigorously right now the way
we were with the magic eden airdrop because i'm probably not claiming till the new year
i'm not overly like rushing into this thing.
I may be a buyer here though.
I have some soul loaded to potentially buy if it cuts down a little bit for me personally.
And again, good reminder to everybody on this show.
Two things that are important here.
Number one, verify and check all links.
Only go through the official accounts because days like today are the days when you find yourself,
you know, find people on the timeline,
getting drained,
clicking fake links,
getting fake contracts,
all that jazz.
Number one,
number two,
we always say not financial advice.
And there's never a more apropos day than today.
There are going to be a million ways to play this.
A lot of people are going to play it.
Well,
a lot of people are going to play it poorly.
We have no idea what we're going to do.
We're kind of in real time figuring this thing out. Like I said, my plan was I loaded some
soul in a wallet. My plan tentatively is to buy some at some point between now and the end of the
year. Maybe that's today. Maybe it's tomorrow. I don't know. And then my other plan is to claim
in the new year to ensure that I actually am getting myself, you know, that tax liability moved on to next year.
You know, we talked about the boring tax stuff yesterday.
That's something that I'm looking to do as well.
So just something to be, you know, said about like what I'm planning to do,
but it doesn't mean that everybody should be planning that.
I think there's a lot of people who are cashing right now.
And as you should on a lot of airdrops, just to enjoy your money and kind of move from there.
Look, I think it's debatable that it's been the best executed airdrop slash claim,
the best executed TGE or one of the best we've seen yet.
When you factor in not just how they've incorporated so many of the communities,
not just NFT communities, as I pinned up top, you see, Steve,
anyone who swapped in Phantom prior to 2024, you're eligible.
So anyone who was using the Phantom wallet and did a swap in the Phantom wallet, they're eligible for a claim.
Now, it might be like $25, $50, but they're casting such a large net.
I don't know.
I think you'd be hard-pressed today, Steve, to find a brand account that's a used dApp in web 3 that is not rocking a pudgy pfp just like
mine and yeah shout out to shout out to dow jones for the assist on this uh i'm gonna pin up little
wins uh up top as well i'll take it down here in a sec but if you've not given little wins a follow
uh not only was the artist behind my pP, but several of them out there today. But Steve, I think the execution has been incredible.
And does that guarantee price action from here?
No, but I think there's going to be a lot of people
that aren't even rushing to claim.
So when you factor in the tactics,
the strategy behind the 88 days to claim,
the strategy behind its end of year,
I don't think there's a massive rush to the exit.
You also have 30% of the people that have held their pudgy for over a thousand days.
They're probably not rushing to the exit. Will some of them look to finally realize a liquidity event? Sure. But I am expecting somewhat of a sell-off here today. But I also think,
I've been likening it to this. I think Abstract will be to Pingu, the Abstract launch will be to Pingu like the other Deeds Mint was to Ape. Now, the other Deeds Mint was the largest NFT Mint in history, and it's not even remotely close.
you know of a rip up like i don't expect you know each you each big penguin to to their their
allocation to rip up to a quarter million and you know leading up to the abstract drop however
i also don't think it'll have as violent of a sell-off following the abstract launch right like
i just i could see this token this price action following a more steady move up. And they have a lot of catalysts that I think are beyond just abstract, but one that's going
to be very big is abstract.
And so to me, that gives me some confidence and somewhat of a floor here to where, yeah,
I am a buyer because I want to participate in the ecosystem.
Yeah, it's interesting because what I like about the way that they're even approaching
it, to be 100% honest, is I think the way that they're also approaching this thing is smart in that, you know, they are, you know, they're ensuring that you are, you know, you're not looking at this as a utility token per se off the rip, which I think a lot of things were. Like, you know, utility tokens oftentimes do have this sort of like ceiling
that you can see at times.
But I guess like to me, you know, looking at this as a meme token
is a lot better than looking at it as a utility token.
And I think that's where it has the upside on it.
We're going to go to Agent here in a second.
Whoa, this is breaking news.
Did you see Beasteen's post in the chat, Steve?
Well, no, I didn't see anything.
What are you talking about?
Oh, okay.
So I thought it was just elite Chad role.
It's elite Chad plus OG ETH user $1,300 in a claim.
I was expecting 50 bucks for that elite Chad role.
Now I don't know how much of that was elite Chad versus how much was OG ETH, but I was
expecting about a $50 claim, not a $1,300 claim.
Yeah, that's insane.
That, uh, that just goes to show I should claim, not a $1,300 claim. Yeah, that's insane.
That just goes to show I should have filled out a form and not been lazy about it. So I really blew my money there on that one. That is a massive mistake at the moment.
Yeah, I guess you may still get credit for the OGE user. I'm not sure. I do. So I got the site
to load. I'm not claiming at the moment but uh it says uh quantity og eth user
three quantity og soul user three and then uh little pudgies one so my total claim at the
moment i don't know if i should connect more wallets and see if more happens there uh but is
203,052 which is uh you know not a not a sad airdrop whatsoever but um you know probably
again probably going to wait on that one to see what
ultimately happens because I think this is another one where it's like I could you know I could make
a massive mistake here um and uh I don't know like there's a lot of things that I could do that would
be a giant mistake here which is like selling early selling half like like this is one of those
ones where I don't know quite how to play it. And I'm curious how people are playing it in the chat
and what they're doing there.
But Agent, go ahead and get in here, GM.
GM, GM guys.
Yeah, I wanted to touch and share a little bit about,
because I finally got to sign in.
I heard you were having issues.
I went to the Pudgy, I think it was Pudgy Penguins
slash Pengu, but it was actually the claim one there's
two links on their tweet so it was a little confusing that's why i wasn't getting into the
site but um i wanted to share a little bit that there are other allocations that you get uh like
i i checked a couple days ago on Polygon wallet and I had the little,
they're like little coins that they gave out for different,
like community members.
And I had little pudgy,
big impact.
We got an allocation for that too.
And a Pingu influencer one too.
I got that also.
And it almost like doubled up.
What does the Pingu influencer mean?
What does that mean?
I think I'm, I'm guessing because you're just, they've, they've been watching.
I remember like about a month ago, maybe it was, uh, they were like, uh,
maybe it was in discord also.
Like we'll be watching people who have like penguins as their PFPs who are
active in spaces and, you know, around different communities and stuff like
that. So I guess they really were watching and they had people within like um i guess their team just seeing who who's who's
active because i i really didn't feel out of any like special form or anything other than like the
abstract form which i got a little small allocation for that also but pangu influencer alone almost
like doubled up a little pudgy so like i mean i i that kind of like
motivates me to even like you know be a little bit more part of the community be more active
more vocal and i mean it's very exciting i'm very happy i mean tomorrow's my birthday so it's like
a very nice early birthday present um and yeah i mean i want to just share that like i think they're going to keep doing
this i imagine that abstract is going to do something similar probably to like reward people
that are being active because they mentioned something in their discord and they've been
kind of public about that on x2 i just want to share a little bit about that yeah that
influencer role i i do not have that um i at least in my initial login. So bummer on there.
But I think that probably also had something to do with connecting on the abstract Discord.
I think that, you know, that's something I'm seeing Teacher Katie say,
Penguin Influencer was also given to people who listened to the Inner Igloo.
So, yeah, I'm sitting here with, I'm seeing everybody's claim just absolutely murder
mind, which is making me sad.
You know, so I gotta, I gotta not be sad about, again, this is, this is the warped mind we
have here.
We are the, we are the sad, sad people who are sitting here.
Yeah, I'm going to tell you, you need to check yourself.
So I believe you're closing on $25,000 in airdrops this month.
You need to put a happy face on real quick, Steve.
Yeah, for sure.
Yeah, it's definitely, well, not yet.
It's not there till I claim it.
And like I said, I'm probably leaving this one out.
Although there's a non-zero chance
I just decide to get like loco with it
and just claim this today and just be like,
fuck it, tax me.
I want the money, but it's hard to look at
and not want to do that.
But yeah, like the,
keeping an eye on the market cap of this one for sure.
Just kind of seeing where it goes
and trying to figure out where my,
yeah, if I'm missing any,
what I'm trying to figure out
for a lot of things right now,
again, about $4.5 billion market cap at the moment.
What I'm trying to figure out right now too is,
you know, is there anything I need to connect any wallet or anything I need to connect
to this site that might get me additional allocation?
That's the question.
So trying to figure out like if there's extra,
extra connection points I can make that would, you know, that would,
that would like get me additional.
Well, I mean, if you connect your phantom wallet,
if you haven't done that.
Well, I did that.
I connected my phantom, I'm an OG soul user. I connected my E Well, I mean, connect your Phantom wallet if you haven't done that yet. Well, I did that. I connected my Phantom.
I'm an OG Soul user.
I connected my ETH.
I'm an OG ETH user.
And then my little pudgy shows in there.
So that's 203,052 Pengu claimable.
I don't think connecting my Magic Eden wallet does anything.
I don't know if it adds multiple wallets, if it does anything.
That part I'm not certain about.
But I'm seeing.
And nope. Adding my Magic Eden Wallet did absolutely nothing.
So just trying to figure out if those allocations go up
based on any sort of connection points on anything
because, you know, really you just want to make sure
that you're, I don't know, like maximizing these sort of things.
Although, again, with that 88 days to claim,
everybody's got a little bit of time.
Now, I'm guessing the claim is tied to the
pudgy itself um meaning like i'm guessing the claim is uh you know is tied to so it's like if
i claim now and sell my pudgy it's not like someone can get it out and then claim my pudgy's
money in the next 88 days so we'll see what happens there but big day for people who are
who are getting magical internet money dropped uh The question is, like, I mean, my prediction was somewhere in the,
I think I said yesterday I expected to go in the $4 to $5 billion range out the gate.
I think I said two to three was my guess in, you know, once it said on.
Yeah, I never got to answer your question earlier, Steve,
but I think Clemente is just dead wrong.
He's usually wrong on this shit, and I think this is going to be one that he's
also going to look back on and just be dead wrong.
Yeah, just, I'm trying to figure out, like, because I guess
my thinking was, like, two to three, Bill feels
right.
He's becoming, like, the Jim Cramer
of Web3. Yeah, I
wonder if he... Probably pretty bullish, actually,
that he's short. Pingu is
probably very bullish, if you're a Pingu holder. He has
to be doing well behind the scenes
when he's not telling us what's going on, right?
Like, I almost feel like it's a character at this point
that he's playing to do that.
But, yeah, I don't know.
But, yeah, I'm kind of poking around here,
figuring out if I'm getting any extra allocations anywhere.
If you, again, let us know in the chat.
Tag me, too, in the chat if you see this.
If you happen to see other ways to get additional allocations
or if you connect additional ETH wallets,
like, you know, if you connect to other things,
you get a bigger airdrop,
let us know or let us know if that OG ETH user
is just by singular wallet,
meaning like, A, you can only claim one OG ETH user,
like, right?
Like, I don't know if it's a situation where it's like,
if I claim three wallets worth of things,
then it'll be like oh og eth user
extra tokens um so if people know that go ahead and let us know um let's actually get we're gonna
get harpy cuts the line harpy's a sponsor harpy get in here and then we'll go to shiba uh hey it's
brit gmgm um i was just confirming i have like three og soul roles and three or four og eth roles
um so you can definitely get multiples
for connecting so what i'm trying to figure out is like is it somehow like how is it figuring that
out because i have three og eth roles and i only connected one eth wallet um and so did you connect
multiple wallets to get those roles um i connected all my metamask sub wallets tied to the same um
phrase so if you have like if you know you're on your top left of your
MetaMask and you can go select multiple
wallets, connect each of those.
Got it. So yeah,
okay. Yeah, so I'm gonna
see what happens with that because I only connected
one. It's giving me three OG ETH rules. I'm like,
that's pretty nice. So I'm just
going to kind of link all these ETH wallets and see what happens
as I link them
if they give me more token Claymore's checking eligibility.
Isn't changing anything when I'm connecting additional wallets, at least so far.
So it looks like it's probably just reading into everything, or at least, or I just don't have anything else going on there.
Chelsea.
I'm still trying to get my head around you being sad for receiving a $15,000 airdrop today.
$10,000.
$10,000.
Or $11,000. Number one. Poor guy. Poor guy. poor guy poor well the problem is like i'm looking in the this is the problem
with the warped brain of this space is i'm looking at the war room like i thought i was getting 50
i'm ecstatic over 1300 steve's down bad over his oh only 11 grand today i mean who knows that could
be one grand by january when i, I don't know. Um,
zero chance,
zero chance.
I would actually put money on,
I think it's,
I bet money on the over it's worth more in the days leading up to the abstract
launch than it is today.
Yeah.
It's,
that's entirely possible that the Pangu plays into that.
And even looking at,
it's a hundred percent,
99.9% certain.
It will like, look, just, I just 100%, 99.9% certain it will.
Like, look, I just saw one from Mert that people who staked on Helios got it.
They're giving, like, how they did this token allocation.
I said it might be.
I'm pretty confident it's the best I've seen.
You know, and this is coming off of Hyperliquid, which is really, you know, set the playbook for this cycle, I think.
Pingu following it up. We've got now
two incredible playbooks
for future teams that are doing token drops.
Like, here's your playbook. You've seen two
that have done it extremely well
from an execution standpoint.
Yeah, I'm looking at this
thing and trying to figure out, like, who's getting what
claim and where, and yeah,
it's definitely, like like a fun one.
Oh my God.
I just connect, like, I just happen to look cause I have a, a profile for Dawn and she
has no little penguin currently, but she did do the bridge when you bridge the little's
over like to the, the sort of the little bridge that they had put on to like do multi-chain
when they had, when they had done the ZK sort of partnership or whatever.
She's getting 108,000,
which means that she's getting over half of my tokens
when I'm sitting here with my Lil, my OG ETH, and my OG Soul.
Shit, I got...
Here's the alpha.
Dawn is...
We're going to have to do a Dawn segment, Steve.
She showed me up in Best Ball.
She's showing you up in the Pingu drop.
Like, Dawn is the alpha. Why... How have we been hiding this for 793 shows? I'm shocked. segment steve she she showed me up in best ball she's showing you up in the pingu drop like don
is the alpha why how have we been hiding this for nine or 793 shows i i'm shocked i need to connect
your polygon wall because poly explorers get i mean her um i'm sorry do you guys all understand
how hard 75 advance rate in best ball is like i'm surprised she probably has another wallet she's
going to connect there's going to be a million tokens in there steve like it's talk about running
pure i'm like flo, like, floored.
I'm floored that I just double,
I just more than 50% increased our household airdrop.
By the way, suddenly my purchase I made yesterday,
which maybe I'll talk about next week,
maybe I'll get antsy and talk about sooner and later,
doesn't seem so bad.
Steve's emotional rollercoaster this morning is all time.
Well, yeah, now I'm feeling a little better
because I'm like, hey, like, that money,
like, all, like, because Don and I, like we actually did this this move that i know a lot of couples
don't do i don't know what this says that he was down bad for eleven thousand dollars of his drop
but he's he's you can hear it in his voice how static he is over his wife's five thousand dollar
airdrop i don't know what this says but there's something to unpack here steve there's probably
something to unpack about the way i feel about my wonderful wife i think just because like
i'm happy like i'm excited to text her and tell her, look what you got. And the funny part is we've been
sharing finances for like, I don't know, over 20 years at this point of our lives.
I'm ecstatic. I'm gonna tell everyone in my house this morning that your wife,
for supporting you, just got a $5,000 airdrop this morning. Everyone, this, I might actually,
I might deliver this news like in a very annoying way over the entire holiday season steve you want to yeah you want to do that like
this is your this is your story my wife like i am so like i talk about this all the time i am
incredibly lucky and i don't take it for granted that i know people in this space who have spouses
girlfriends significant others who are not supportive of their lifestyle and what they do
don would follow me.
Not supportive, I'd be putting it kind.
There's some that downright hate the lifestyle, Steve.
A hundred percent.
Whereas like Dawn has always been like, she loves all of me.
I love all of her.
And she's always been this person who says like, who I, the way I always explain it to
her is that like, you know, if we were standing in front of the gates of hell and I was like,
hey, I ran the numbers, we're going to be good.
Let's do this thing.
She'd be like, all right, let's rock.
And so like, she always is like like that and when I got into this
space she started playing around I might tell her to do something she got a pirate nation airdrop
that was massive at one point um you know and and like and she does it in a way that isn't just her
like doing it but like she got our kids involved in playing pirate nation because she gets her and
so like all these combinations of things that we do it's like now it's like showing why this thing matters because you know not just because she's supportive
of me and like the love is all i need but she's getting 108 000 allocation to this pangu meaning
she's getting a five plus that's actually probably like six seven thousand dollars worth an airdrop
right now that she's getting simply because you don't you know when it happened? I'll tell you exactly when.
When Luca came on our show last time,
maybe two times ago,
she listened to him,
and before I ever had a little pudgy,
she went in on her own volition,
went in her wallet,
and bought a little pudgy because she said,
you know what, I'm into this thing.
And then she did the Polygon Explorer thing.
Eventually, she did sell it
because we pay bills with stuff,
and sometimes NFTs and JPEGs are the first things we say to sell to pay bills but because she
participated because she listened here she is and so this is the most powerful story of the morning
i've heard steve this is why i'm so freaking excited i have chills right now hearing you say
this because this is what web 3 is about i hope no one that's holding a a big or a little is upset
that other active participants in the ecosystem
are being rewarded so handsomely because this right here, I believe, I truly believe this,
Don's story is what pulls other people into this space. For the first time in a long time,
we're going to hear four, five figure magical internet money for people who just showed up
and participated. They didn't have to buy
$100,000 assets. That probably scares some people off because it's just so hard for them to get
their head around. But when you start explaining to people, I just showed up and participated,
I just did a few things. And my loyalty reward, my participation reward was $11,000. It's going
to blow people's mind. i think how again the execution
how they're rewarding their active participants and not just their own but the the truly the
active people in web 3 i i think this might be one of the best if not the best executed
claim slash airdrop we've seen right on all right let's uh let's go ahead and hit shiba king shiba
you've been waiting a hot minute go Go ahead and get in here, GM.
Sheesh.
It's an exciting day.
I'm on, like, negative sleep.
I don't know how this space is supposed to get any rest.
The last two weeks have been nonstop.
There's been an airdrop every day.
Chiba, wake up.
Sell your Moonbirds into this run-up.
You're crazy.
I was going to say, my laptop up Moonbirds on here.
We're moving up.
We're almost number 11. Glitch just sold from 11. Sell the rips. Buy're crazy. I was going to say, my laptop about Moonbirds on here. We're moving up. We're almost number 11.
Glitch just sold for 11. Sell the rips, buy the dips.
Sell the rips.
Whoever, you want to see someone down bad,
it's the guy who sold seven figures worth of Pudgies
the other day and then went and slept
this Moonbirds floor on speculation.
Take advantage of their idiocracy and their greed.
Leave that man alone.
He swept 50 and then somebody bought Glitch for 11 ETH.
I don't know who's doing this.
I don't care if it's an AI bot trader.
I don't care if it's fucking anybody themselves.
I'm going to take this for a W.
It's a good day for everybody.
I have a lot of friends
and I think we all know Eco,
a handful of others
that have a bunch of little pudgies
that are literally claiming $30,000.
Absolutely incredible.
It's incredible.
The only thing that
makes me a little bit sad is that people
that didn't have Pudgies or Little Pudgies
chased these green candles
like crazy. People were buying
these things at 4 East. I don't know why.
It's just very, very crazy. I knew there would be
a dip at the claim. I was thinking it was going to be
like 2.5 East for Little Pudgies, but
it took a way bigger dip this morning.
I don't know if it's bigger. 1.88, I expect it'll bounce here probably.
We know it's not a rug, so as my buddy Sugar Shane says, everything bounces unless it's a rug.
It's going to find a bottom here at some point.
Cap, are you listening to random rap music right now?
Yeah, he is, yeah.
Let him live his life.
It's a good morning for him.
I mean, you guys look really nice with the Pudgies on.
So overall, this seemed to be way better.
I don't know.
I don't know.
What gave more?
The mutant drop or the little pudgy drop?
Who does the math?
How much did you get per mutant?
What was the USD value?
Oh, I –
It's not an apples-to-apples comparison.
I don't think –
Like, it's just –
Like, that –
They're both going to have different catalysts but it really
is not apples to apples like when i when i were saying the other deeds mint was the largest nft
mint in history it was at like a hundred x the scale of the second largest mint like it was the
most anticipated the largest mint and so and you had to mint an ape coin so the run-up to it ended
up being a quarter million plus per apepe. I don't know what it
ended up being per mutant, but I don't know
as if it's comparable because
that other Deeds Mint was
I don't think we'll never see something like that
again in crypto. Different timing
for sure, different situations.
It's really nice to see Pudgies
do this right for the community. I think that's
kind of like what I was hoping
for. I mean, a lot of people that were jumping on in the community
in the last two weeks or last week
a little different.
But I hope that people that did claim their money
you're able to move it around. And
don't chase green candles like that. Really large
shit. Go back and sweep NFT projects.
Put yourself in some coins over
the next two weeks and you should be able to make a really good
amount of money. So, I don't know, $10,000 for
a little pudgy is pretty insane.
So, just shout out to that whole drop.
And, yeah, I think even the island drop was today.
I randomly had a nifty island sitting in my MetaMask wallet from four years ago,
and I sold that for $1,000 yesterday, too.
And I'm also getting a token drop from them for holding it for the snapshot.
So, a lot of exciting stuff.
I don't know.
What do you think?
OpenSea next in the next 30 days?
What are the chances?
Can we get like a bet on that?
Well, this is exactly why, by the way,
the Delta in Little Pudgies is hilarious right now.
So I mentioned my airdrop claim will be $10,000, $11,000
when that claim happens, whether it's now or later.
I believe one Little Pudgie was roughly $17,000 at its peak.
It is now at about $7,000,
meaning somebody somehow backed in the math to be exactly perfect in this thing,
or that's kind of where the market is like leveled them out.
You know, it's funny because I didn't sell my little pudgy.
I don't regret not selling my little pudgy.
I will take the claim and see what happens there.
I'm considering buying another little pudgy on the dip was my,
my thinking. I did not expect the dip back down to 1.8.
I've been looking as people know on this show,
no secret.
I've been looking at elementals,
beans,
and little pudgies quite a little bit more.
I have a bean,
but you know,
debating if I want to do a little bit more diversification there.
But I would have been to say,
that's the only thing I was going to say to sheep about,
about a cheaper though.
You said like a lot of people were buying at these 4E prices.
Don't cry for those people.
Many of them very likely may have been farming this OpenSea airdrop.
When I found out my OpenSea volume only put me at like $2,000 or something on the list of OpenSea volume
when they put that checker out versus all my friends who are top 1,000 with 3x my volume.
It starts getting me thinking, you know what?
And by the way, Pudgy Influencer is the Soulbound token according to Riggs.
So thanks for giving us that heads up.
He's got quite the claim going on as well.
I know he's in the Pangu ecosystem.
Congratulations to our friend, one Kyle Riggins, as well as Dow Jones and everybody else there. But, you know, I think for a lot of people, like, I have, you know, for me,
like, there are people who are going to be farming,
just like people were farming Magic, Heat, and Diamonds,
OpenSea teasing a token, setting up in the Caymans,
and seeming like they're coming out with a token,
and all the whispers, I don't have any direct connection with people at OpenSea,
but all the whispers I'm hearing from people who know a person who know a person
has been that OpenSea's token's been coming for a while.
Like, I don't talk about those things too much on air
because I don't really talk about, like, my, you know, offline conversations
because I don't want to put that in a bad spot.
But, and you never know what's right and wrong.
You don't want to steer people in the wrong direction.
But, you know, given that it's basically all but announced at the moment,
everything I'm hearing is saying that they're going to do that.
Now, does that mean they're definitely going to?
No, that information can be wrong.
Like I said, these are people who know people who know people.
But if that's the case, and we're hearing that OpenSea is dropping a token,
and again, there's a lot of people who bullshit in this space,
who say things because they want you to buy their bags.
Yeah, but when there's smoke, there's fire.
And this one's like a full, this one's like,
you can't even see the smoke so heavy, Steve.
Yeah, so smoke hella heavy as we kind of get this thing in. But no, as I'm looking at this thing, it's like a full, this one's like, you can't even see the smoke so heavy, Steve. Yeah.
So smoke hella heavy as we kind of get this thing in.
But, um, but no, as I'm looking at this thing, it's like open sea.
There's a lot of people who are playing that game for that airdrop.
And I think this airdrop season is going to be really interesting.
I got another one for you, Steve.
What's that?
Shout out to Von Fronten.
Every stake land user who stake more than 690 meme, you're also eligible for a pingu drop.
Okay. Maybe that, but where does that say?
Because I think I've done that
and I don't see an extra added number on there on that wallet.
So I'll have to look because-
Unless that's one of your,
you said you had three ETH things.
I wonder if that's one of the three on your ETH.
Oh, aha.
I see what's happening here.
Okay, I can see what's happening.
All right, cool. So Harp, I think Britt got me on this ETH. Oh, aha. I see what's happening here. Okay. I can see what's happening. Alright, cool. So, Harp, I think
Britt got me on this one here. So, basically,
with my ETH OG rolls
and connecting my other wallets, it's going to give me information.
So, maybe other wallets will get me
more things. I just need to find my most active ones
and connect them because that's probably
what it is. It's probably, like, my meme land,
my little, my, you know,
something else I've done. Maybe it's, like, I don't even know what
else I've done that would get me that one, but
I'm going to connect and see if I get more, uh, more opportunity here.
But damn, I can't believe, again, you talk about rewarding activity retroactively.
Like Dawn does not even hold my, my wife does not even hold an asset anymore, but she did
for a long time.
And the fact that she just used sort of that, you know, bridge to sort of move across
and they're rewarding you for testing that to that tune.
I mean, what a wonderful, wonderful opportunity there.
I wish I had, wish I had really done information that would have been better brought to my attention yesterday.
But here we are.
So I'm feeling good.
And it's cool seeing the airdrops on the timeline.
I'll be curious to see if this thing holds value or if we're going to come in and buy.
Keeping an eye on that market cap as we, as we gorops on the timeline. I'll be curious to see if this thing holds value or if we're going to come in and buy, keeping an eye on that market cap as we go on through the morning.
Cap, you mentioned, have you connected anything to the site or even checked on your numbers yet?
No, I don't know. I was about to ask, what's wrong with my brain that I haven't even checked yet?
I know I'm not selling, so it's just not even, I don't know. I will at some point today.
I just, I kind of don't want to know because it's easier for me not to claim and not sell.
I think where I might, there's a chance I say that, there's a chance I do claim before
end of the year if they introduce some sort of staking component.
I'm guessing we haven't seen any announcements or no news on any immediate sinks or utility
or staking,
et cetera.
Correct?
I mean,
and you know,
I think that that's part of what we're waiting to see,
right?
It's like,
there's an interesting,
you know,
it's an interesting dynamic where it's like,
I wonder how much they're just going to absolutely positively keep this thing
a meme again,
by the way,
staying steady,
4.4 billion.
Now it's been 4.5 bill 4 bill 5 bill it's been
right in that range all morning already so first 45 minutes of the claim we didn't see an immediate
dump we didn't see an immediate pump we've seen it sort of stay steady at that five bills so uh
not bad and i know there's a lot of people who think it can be i mean i've heard what's the 6.4
was that just some was that just some green wick oh what's the 6.4 was that just some was that
just some green wick oh was there a 6.4 yeah that would have been a green wick that happened at one
point or maybe it was like on the open there and you know that tends to happen with these tokens
but um yeah but not sure but 4.5 4.4 181 million in volume already yeah even an hour in yeah it's
people claiming people buy and and this is, this is what makes these things interesting
is having the buy side and the sell side.
Also a quick, quick actual PSA from FUBAR here.
Appreciate Sugar Shane for dropping this in the lore room.
I'll pin it up top,
but I'll read it out for anyone listening in.
Because of Solana transaction size limits,
claims are broken into multiple transactions
for the largest Pingu claimers.
Amount shown versus amount claim is not a discrepancy. Just refresh the page and it'll
show you've already claimed what remains. So if you did a claim and not everything hit your wallet,
you're one of those whales and you just got to refresh your page and claim multiple times.
Yeah. What I'm going to plan to do is I'm taking my time. After this show, I will be connecting all possible wallets, figuring all that out.
And then at that point, I will make a decision on what I'm doing here.
But my gut is still, man, you know it's a lot harder when the money's staring you in the face to make...
That's why I'm not looking.
Yeah.
I sat on this show yesterday
and held strong and talked to Dawn
about our strategy yesterday,
not even knowing she was getting a claim.
And I was like, you know what?
Hold this thing.
Go ahead.
So, Rigg says,
please no staking or utility.
This is a meme coin.
I agree.
I do think...
I do think meme coins can be functional.
And as far as nobody asked,
is there anywhere to stake Pingu for eco rewards,
anything like this out there?
I don't think so yet,
but I'm going to look around because I imagine...
I'm going to head to Wasabi now.
I'll hand you back the mic, Steve,
because I think I saw someone said
Wasabi is going to be live with it at launch.
And they probably have vaults
where you can earn some sort of rewards for
locking up your your pingu there i'm guessing they've done it with other tokens so let me do
some digging if anyone is aware drop that in the chat or in the war room and we'll share here
shortly but i'm assuming it while not direct there's probably uh something like a wasabi out
there where you can uh you can you can lock up your your pingu and and earn some rewards yeah
before you um before you uh that, let's do this.
Can we hit the Harpy Hack of the Week before you walk away?
It's time for the Harpy Hack of the Week.
While it's secured's security is cool.
Before we go back to our hands here,
we're going to do the Harpy Hack of the Week
because it is a token claim day.
It's time to be extra, extra careful.
In November 2024, just recently,
GigaChad, a token investor,
fell victim to a sophisticated phishing attack,
losing more than $6 million in token.
The scam involved a fake Zoom link.
Once clicked, compromised the investor's wallet credentials.
The attacker swiftly drained almost $96 million of gigatokens, or 96 million gigatokens,
worth $6 million, converting them into other crypto to obfuscate the trail.
The incident underscores the critical importance of vigilance in the crypto space.
Look, we are at an airdrop season right now.
We are seeing it constantly.
We had Magic Eden, we have Pangu, we got Abstract coming,
we're paying attention to all that.
And the incident underscores the importance of critical vigilance in the crypto space.
Always verify the authenticity of links,
especially those related to financial transactions.
Be cautious of unsolicited communications
and consider implementing multi-factor authentication
to add that extra layer of security, hardware wallets, you name it.
We're in a rapidly evolving world of crypto,
especially as the market heats up in a bull market.
There's going to be fake link scams everywhere.
So due diligence is essential.
The Pengu link, make sure you are following the official accounts.
We can't say it enough.
Go to the official Pudgy Penguin account.
Make sure you're getting it.
Verify it with your friends.
Don't put yourself in a bad spot.
And of course, install tools like Harpy or sign up for Harpy is what I should say.
And that was the Harpy Hack of the Week brought to you by Harpy,
the most advanced wallet security tool for keeping your cryptos and NFT safe.
Harpy helps you monitor your wallet for risk,
block detected threats, and recover stolen assets from malicious transactions,
all in real time.
Go to harpy.io to secure your wallet for free.
That's harpy.io, H-A-R-P-I-E.I-O.
Sign up, secure your wallet.
And again, I say this all the time.
I've been transferring some money around.
Like I said,
I took some profits to buy something a family related.
That's going to be pretty fun.
Probably we'll talk about a little bit next week.
I'm really excited about that.
Talked about that or I'll talk about that next week,
but like,
you know,
as I'm doing it,
I'm getting a notification every time from Harpy.
Did you mean to transfer this USDC?
Did you mean to transfer this ETH?
Did you mean to transfer this soul? And if it wasn't the case, then I
could secure my wallet immediately. And that's what you want to have at your fingertips regularly
when I transfer NFTs, when I transfer cash, it comes through in my email. It gives me those
alerts. And that's the peace of mind you really need because, you know, as you're doing this
thing, as you're, you know, selling NFTs, especially I was tax loss harvesting yesterday and I was getting information about my NFTs.
Now, imagine if I wasn't tax loss harvesting and I was hearing all my NFTs were getting weaved.
I'd probably be a little bit concerned.
So just sign up for it if you haven't already.
Harpy.io, great sponsor and really excited for what they're building there.
Second that.
Also, just PSA, claim APIs are down currently.
Team working to stand it up. Over 50,000 have claimed already. There is 7 million wallets
eligible. So don't freak out. Don't click any other links. Just be patient. The team is working
on it and I'm sure they'll get it back up shortly. Yep. Let's keep going through hands here.
And I did find, I pinned it up top, Steve, but there is a Wasabi Vault. It is
trading and staking is live for Pingu on Wasabi. Stake and earn yield and trade with up to 3X
leverage. Earn 6.9X Wasabi points for seven days. So you can earn extra Wasabi points for
staking. I don't know what the yield currently is, but I'll check that out in a bit.
With everything, do your own research.
We don't have any sort of relationship with Wasabi.
They're not a sponsor.
I have used the protocol in the past.
I've not used it on Solana, actually,
but they recently launched there,
and for all intents and purposes,
I believe it is a safe protocol,
but with anything, not your keys, not your crypto,
there's always protocol risk.
Yeah, and we'll see what happens.
930, Luke is planning to come on the show,
although they are undergoing some things right now,
so we'll let you know if that needs to move at all.
Totally would understand on launch day if they have to move things around.
So 930 is the plan, but maybe he'll stop in.
If he's unable to stop in because of sort of the things they're fixing on API and things,
he is the head Pengu,
so he's got to make sure he's got to see those things through.
So communicating with some people on the Penguin team right now and seeing if that might move.
Totally understandable if it needs to.
You know, and if we can, if not, we'll see if we can reschedule him back on.
Hopefully still get him at 930.
But look, I mean, things happen at these launches.
And if there's glitching tech, he is the guy who ultimately, you know, is the person who answers to it.
And we've talked about that yesterday.
Like, who's the one who answers to it?
Who's the person that you're talking to about it?
It's going to be Luke at the head of that.
So we totally get that if that has to happen.
But we'll still be chatting Pango all morning regardless.
Hopefully still get him here at 930.
But obviously they've got some bigger fish to fry maybe than coffee with Captain as they're working on that.
So we'll let you know.
We'll keep you updated as we keep going.
But totally an understandable thing if they can't swing through.
Let's go back to Shiba
because he was talking last
and he may have comments
based on the last conversation
before we rambled
and then we'll go to Machiavelli after that.
Yeah, yeah, yeah.
I wanted to add to the little pudgy thing.
I think this is a really, really great price point
to jump back into the pudgy ecosystem.
So I was actually like looking
to get a little pudgy at these prices. Also also for the first time in a really long time i would agree
and be like don't cheat the token even a little bit i i you know i think the next at least the
next 30 days for crypto should go pretty well since bitcoin's been stable and if we do get that
rip in the old coin bitcoin hasn't been stable stable. Bitcoin's hitting all-time high after all-time. I know.
Yeah, 107.
It's not enough, though, to move it.
I don't know why it's creeping like this,
and the rest of the market's kind of just waiting.
I honestly felt like XRP or Shiba or Doge,
something would move to move the rest of the coin market.
Even with this token launch, with today, XRP stable coin launch,
XRP's up about 12%. You can now use it on MoonPay, and every XRP transaction today, XRP stablecoin launched. XRP is up about 12%.
You can now use it on MoonPay and every XRP transaction is burning XRP.
This is something we're talking about for seven years to get XRP to do this.
Now it launched today with the Penguin token with an all-time high on Bitcoin's price.
This market is absolutely primed to take off right now.
Hopefully, we don't get anything crazy that happens like a black swan event.
But that Penguin token is going to do extremely well, especially short-term, because the Ape token didn't get enough time to really take off because of the way the market was and all that negative pressure we were getting.
That's why people were selling and gas was high.
There's a lot of losses being taken there.
So a different situation this time.
Penguin token, I would hold it.
If I was Kramer, I'd be like 90-10.
Hold this thing.
Well, I hope not if you were Kramer, because if you were Kramer, then it would go down if you say to hold it.
But the, no, I actually, so that's the funny part is like,
you know, most of these claims, we have this conversation.
I'm actually going to let Blockchain Ninja in a second here cut you,
Machiavelli, only because he may be telling us that we have now all been
drained and we're all in trouble.
And also he helped get a fake account that was mimicking me down.
So he's also a line
cutter in a second and totally gets to do so be by our volition here. But the, you know, this,
I just want to comment on what Shiva said, because again, we say not financial advice. None of us
know what we're doing here. Everything is, you know, changing and market sentiments, often wrong
consensus, but this is one of the first claims. This is probably the first claim actually in my
entire life where I have some, now that I've seen it, it's harder, but I have some level of
comfortability not claiming and just looking at this thing and just waiting and just saying,
I don't want to hit a tax burden towards the end of the year. I'm already trying to figure that
thing out. I already got some taxes that are going to go as ordinary income that I'm not thrilled about, right?
And like, I'm sitting here looking at this saying,
I don't know if I'm going to claim this thing.
I'm going to wait until after the new year.
Not I'm never going to claim it,
but I'm going to wait until after the new year.
And I think like when Shiba's point there is like,
I have this comfort with this claim that,
and I guess I kind of had this with ApeCoin, but I claimed it
right away because I was excited. It was kind of the beginning sort of Q1, early Q2 timeframe.
But man, I just, I find myself saying like, I have a level of comfortability just hodling this
thing. Right. And so to that end, it's like, I don't know if I'm a buyer yet. I, you know,
I've been debating, I have a little soul there, as I mentioned.
But it's one of the first claims, if not the first claim I can remember,
where I can say to myself, I'm comfortable waiting two weeks to claim it.
I don't think it's going to be... Because there was a token I claimed a while ago.
I don't even remember what it was.
It was on some random network and some bridge that I got for playing some game.
And it was like $800 worth of token.
And I didn't end up doing anything with it.
I claimed it was $800 and now it's worth like $8.
And it happened relatively quickly
and it kind of dumped through.
But, you know, if I could have figured out
all the bridges that I need to duct tape together
to concoct how I was going to sell it,
I would have sold it at the 800.
I just didn't because it was a pain in the ass.
And that's the truth.
It was like one of those ones
where the tech barrier was too high
even for someone who literally works in early stage tech but you know like with
this one i feel like it's one that like is potentially going to be one of my bigger bets
of this cycle i don't know yet i always change my mind based on new information but like you know
for me big bets aren't like you know even at the level of like buying a big pudgy right like that's
a massive play for Like that's a
massive play for me. That's way out of my range, but the big bet being like, Hey, I might, might
toss a few soul at this one. I usually toss half a soul at coins and I may huddle my airdrop when I
get it in January, instead of selling my airdrop when I get in January, because you know, I know
people who are so bullish on this thing. They think it can be a top 25 coin, a top 10 coin. Like I think
like basically putting it in the range of saying like, if this thing becomes the official coin of
the JPEG community, well then maybe this thing has enough legs. And then, you know, the Pengu
memes are already existent. You already see people who are trading around, uh, you know,
my mom sends me pudgy penguin gifts. So all of these things, I think it's like, it makes me very
excited when
she was saying like hey i'm not sure i'm a seller here i think for a lot of people like you obviously
booking a win is important and i always tell people like once you claim that thing you know
if you're in the united states like you're paying taxes on it already so you know for me it's like
there's always a cash that happens there for that reason but like yeah man like i don't know like i
think a lot of people
might just kind of hold this one and say,
you know, like the way that pudgy penguins
have seen upward momentum,
you know, I know like,
I saw like Ila's tweet yesterday
where he didn't like to take that,
you know, penguins are the apes of this cycle.
I know I've heard you say that cap or whatever.
And I tend to agree when you think about
the airdrops you see,
when you see the direction these things are going,
it's like, it feels like there is a community there that is in culture that is trying to do this.
And they're trying to expand that base to say, look, we're trying to get more people into this community who can't pay, you know, $7,000 for a little pudgy.
So how do you do that?
You do it with a meme coin.
And just to be clear, I'm not talking like floor price or you know token
claim amount or any of that stuff i'm talking about capturing the zeitgeist capturing the
attention not only of our space but also onboarding others into the space and for the first time in a
really really really long time i think we are in a spot to start seeing more people
actively onboard into the space. And when it's been meme coins for the last year that retail
has been chasing, I think this is, for many reasons, a great potential entry point for many
of them. You mentioned the gifts, you mentioned the familiarity of the brand. I just, I think this is someone can go buy a dollar of Pingu much easier than they can go buy a hundred thousand
dollar JPEG. And I just, from a capturing the zeitgeist and, you know, I think I heard someone
earlier say that this could be like our, this could be the cycles people moment in terms of
outward attention. That's positive.
I know,
I know some might disagree with that, but for those of us who are here,
like the outward attention,
the positive outward attention that apes were receiving last cycle was
tremendous.
Like it was incredible until it wasn't,
but while it was,
it was mind blowing almost every day,
some,
you know,
big name or,
or you'd see it somewhere in mainstream,
I think there's the potential that this token has the ability to do that in terms of bringing
more people into the space and more so than the people into the space,
shedding positive attention on Web3, on crypto. And Steve, i'll hand it right back to you just some quick math penguins were at about 140k pre-tge each penguin received about 90 to 100k in pingu uh as we've
mentioned you know floor prices are down but it looks like they've already bounced i mean little
pudgy is almost back up to two eth uh but that that current penguin price is about 90k usd
so by holding the penguin you you're you're up about 60, 70K in profit,
as opposed to those who attempted to sell the top pre-TGE. I think that's very bullish.
This is not just a wash. It's not like people just swapped out their NFT for a token. Rather,
there was real incremental liquidity here. And so to see the,
the collections, the NFT collections bounce where they've bounced.
I think that's, that's another, uh,
just a bullish indicator for the ecosystem at large.
Yeah. Super positive indicator. Let's hit blockchain ninja.
Then we'll go Machiavelli right after that blockchain ninja get in here.
GM GM, sorry. It took a second to unmute uh credit where credit's due uh drew sent me
your impersonation handle i'm just the one that got it banned um so big shout out to drew he's
freaking champ i just want to remind everyone please only use official links only go to the discord only go to the actual pudgy penguins page
only use official links there has been over 630 new domains blacklisted and it hasn't even been
an hour they were all impersonation domains all running fishing links so please whatever you do
i do not want to hear stories today about
penguins getting lost, ping you getting taken assets, getting drained for the love of Christ.
If you remember nothing else today, just take your time. You have 88 days to claim. Do not rush,
make sure because you do not want to lose these assets. That's all I have.
because you do not want to lose these assets.
That's all I have.
Today has been absolutely bad crap crazy.
I said 630 domains and it's only been an hour.
Fun stuff.
I will build on that actually.
And I will add in, in addition to that,
we talk about checking official links
and making sure you're all set there.
I'm going to add one more layer of that.
Check the contract address. Make sure it's the correct one there. Because I think a lot of people are,
you know, like, it's almost like the new thing that has gotten people fooled where people buy
the wrong insert coin here. And I think that's a big mistake that you can see people making,
which we can most definitely solve for. You know, early on when the contract looked like it got released early,
we saw someone being like, oh, Pengu's actually dropped,
like, you know, opportunity, you know, potentially grab some.
And then sure enough, like at least one of them, like not all of them,
but at least one of them was not correct.
It was a fake contract address, meaning people were then seeing the contract,
buying from it, and they were effectively
buying, you know, it's like, it's like if someone tried to sell you like a, I don't know, like a,
a pair of like Gucci, you know, you know, slides or something. And then once you buy them, you're
like, oh, wait, these are not Gucci slides at all. Right. And so you're, you're buying this thing
where you're like looking at like this, you know, this token, you think that you've gotten the
contract early, turns out all you've gotten the contract early,
turns out all you've done is cost yourself some money.
So not just the links.
The links are number one.
The official accounts are important too.
And then I think as you're getting into this thing,
if you're going on DEXs and other places,
make sure you're grabbing the right contract address, man.
It's that simple. Make sure that the CA is the one the official account has tweeted and put on
it's it's just it's very easy to take an extra beat in an extra second and the worst thing you
can do is you know send a soul into a contract that's not real or worse connect your wallet to
a site and last thing i'll say and then we'll go to machiavelli here in a second
these scammers are getting better.
Like it's sort of like keeping up with the scammers is not as easy as you
think. You know,
I see scammers all the time who are just building sites that look nearly
indistinguishable from the previous ones where it's like, you know, I,
I saw, I can't remember what it was recently,
but there was a link that someone had out there recently that I saw they
clicked. That was like, it was, again,
it was nearly indistinguishable from the actual site itself that people are going on to connect to.
And I'm sure people are getting trained.
I have a question.
And anyone who knows the answer, I know it's likely just a deck screener issue.
And there's others like this as well.
So I'm not picking on deck screener.
They're fine.
It's my most used decks.
Why is it like right now there is one two three four five six seven different pingu tokens in the top 12 they might have different
liquidity pools no i get i understand different different pairs and different pools. That's two of them.
But why are these others? Because so there's two of those that are the actual, to your point,
one has 28 million in liquidity, the other has 4 million, and they have a market cap of about 4.75 billion. Those are the correct tokens. All these others, though, are scam tokens,
but yet they're showing up number one on deck screener they don't have
more volume they don't have more you know there's nothing about the the fake tokens that says they
should be the the top trending token on deck screener i get it if they had bots or something
that was scamming transactions that make it look like there was more transactions, but the number one token only has 12,000 transactions and 6,500 makers, a better job of filtering out these at least if they can't
filter them out at least don't make it the number one trending when there's at least everything i'm
seeing there's no data that should make it be number one so i i agree on that point uh overall
the counterpoint to that unfortunately would be it is a decentralized exchange and there is a world
where you know,
somebody says I'm going to drop a Pangu token and it's going to be better
than the Pangu token.
And there's a community behind it and that community buys it.
So I'm not saying that's,
that's what should happen,
but the logical decentralized maxi,
which I'm not necessarily in on board with,
but I just playing devil's advocate centralization.
That's fine.
Then,
then,
then it should be sorted by volume or transactions or
like any of those and the only and the ones that would show up on top if they're if they're using
actual data to sort the list the number one token would be the real token that that that's my issue
here is yeah i don't whatever yeah create your fake tokens but the deck should should be sorting
its default should be sorted by if not largest market cap most volume or one of the two
like just how it sort of makes no sense what i'm saying right now that's a fair point um wait a
minute go ahead and get back in here and then we will go back to uh we'll go back to uh blockchain
ninja then we'll hit get joey in here i don't think steve can hear me you go um or did we lose
my belly no you can't hear him go ahead ahead. Go ahead real quick. I was looking at all the actual contract, but it looks like people are setting up liquidity pools.
And they're starting to be trade-off of because some of them have $600,000 in liquidity.
One has $9 million.
I'm looking at one with $7.8 million.
But they're all the actual contract impaired to the token.
And, yo, I'm so grateful right now.
I just connected my wallets and saw my touch points. I
still need to connect one. I haven't hit the claim button because I think I'm going to go
wait till next year. And I'm going to hold because I'm really bullish on the fact that everything not
claimed after the 88 days is going to be locked and burned. So I think that we're going to see
a run up at that point in time too. And listen, I I don't have a Pingu but holding Pingu makes me a Pingu
so I think right now is like and it's a nice double-digit claim right now for me
in Solana but I think that it's worth the hold for right now
and for the next little while because we're just getting started
okay appreciate it go take a lap so Steve can hear you if you don't mind
and I understand what you're saying but there's also a lot of fake tokens i think i answered the question steve
it looks like it's a paid ad so they're just getting through it that way they're they're
juicing their fake tokens with paid ads so just just be extra careful you know if if you're buying
a pingu that's got a market cap of 738 000 that's not the real token yeah like pay attention to your
market caps like that's actually a really good piece of alpha pay attention to the market caps as you're putting these things in because there's like a very easy
way to see it and if you know what the market cap is and you know just again we've we will type in
so we have what's called the rick bot which a lot of people use the rick bot to sort of get their um
i believe a lot of people use the rick bot to get their sort of like pricing i think i have
one in the telegram in a telegram it's's very similar. Be aware of that and pay attention to that because there are people who you
will see when you look at this,
the,
the,
the market caps and things.
And we,
we put in Pangu like straight up,
just put Pangu into the Rick bot.
And in that Rick bot,
we've seen it spit out the wrong answer.
So are the wrong,
the wrong token. So just the wrong, the wrong token.
So just be aware that even if you have like proper bots and everything in place, you still might be getting the wrong thing.
Blockchain Ninja, go ahead and get in here and then we'll go back over to or go to Joey Vals.
I'll be really quick.
The website thing.
Yeah, they can literally copy websites within seconds.
literally copy websites within seconds they have bots to do it they have this special way that they
They have bots to do it.
literally can just copy and paste and then post uh like the drainer link into the header or footer
of the website and voila um completely legitimate looking website done in seconds but has fishing
links um the only other thing, uh, I forgot.
I don't even remember.
I have so much crap going on right now.
I love you guys.
I'm sorry.
I'm not around that often.
I've been extremely busy, but I do listen whenever I can.
I love the show.
Always have always will.
We'll always support.
Um, just everyone, please be careful today.
I've seen so much happen in the past week.
Uh, it's take your time.
Just, just take your time.
Read what you're doing.
Understand what you're doing.
Read the transactions.
And yes, don't connect and try to buy from like a fake liquidity pool that's trying to impersonate the real token.
There are at the last count like 49 different liquidity pools for the actual token.
So don't don't do anything stupid.
Just take your time and be careful.
Don't do anything Blockchain Ninja wouldn't do
is what you want to do here.
So get out there, pay attention, be smart out there.
Don't get yourself drained.
Again, last thing you're going to want to do
is have that happen
just because you're trying to get a claim.
This should be a day for people to celebrate
and feel good about the communities that they've been in
for participating in the space.
And it can be ruined by a drainer for sure.
And it happens to OGs all the time.
It happens to people who know what they're doing in this space,
who have been around the block.
So don't think like you have, you know,
it's almost a miracle that I haven't had any sort of like issues with this
based on how much I've interacted with
and even the way I've raw-dogged the blockchain at times.
So not necessarily always the best idea. Um, Joey Viles, go ahead
and get in here. GM. GM guys. I think, uh, some of our thesis is thesis. I, what is the right word
there, Steve? Just some of our thesis, some of our thesis around like where people would rotate
is starting to, uh, come to fruition because Azuki is now up over
11th. Elementals are almost to 1.5 and beans are back to 0.7. So it could be people are rotating
some of these profits from Pangu into the next potential big airdrop, which is anime coin,
next potential big airdrop, which is anime coin, which we've been talking about for like a week
now. So, uh, what we've talked about is prop. It looks like it's coming to fruition of where
people are going to go. If you bought beans last week or elementals or whatever it was.
Yeah. And that was something that I think that we, um know, we had talked about quite a little bit as far as, you know, where would this money go?
And now the question is, does it go towards other airdrops per se, right?
Does it give you, you know, do people go for that Izuki play, which I know, Joey, you had talked about a little bit.
Do they, you know, rotate into other Pengu assets?
Do they rotate into other assets they've
always wanted to own or do they cash and i think all of the above are happening so i think it's
something that it's important to like keep an eye on as far as like don't necessarily chase if you've
always wanted something like for me yes i might potentially play the anime or drop but i'm also
someone who just wants to own an elemental i'm also somebody who just wants to own another bean
and eventually hopefully one day can own an azuki so of that, I'm not rushing in to buy when people have free
money that they are doing. And I know it's not free money. It's participating in the ecosystem.
It's things they've held. It's conviction. But I'm not rotating all the way into these things
just to make sure that I'm being super, super careful. Maklli, can we get a mic check to see if I can hear you?
Yo, yo, yo, yo.
Right on. Perfect.
I also noticed Shiv came up the stage, possibly a proxy to Luca.
I know that you guys are dealing with some stuff on that end, and I was talking a little bit to some folks over there,
and totally understandable on drop day.
I know he was going to come on around 930,
and then you're working on a lot of stuff.
So there's a lot going on.
We were saying may or may not happen based on that but um shiv feel free to come in here gm
gm brother how you doing doing quite well how is it how what is the environment where you are
sitting right now like managing like 10 different things at once right now like multiple different
chats and whatnot really just kind of holding down the fort. People asking, hey, Chef, are you feeling euphoric? Not necessarily. I mean, obviously, very proud and very grateful. But
for me, it's important to make sure everyone else within the community and broader crypto community
sees this through. And just a quick update, I don't know if you guys have been noticing
the tweets by Chef right now, just the overwhelming, the absolute overwhelming amount of claims
has obviously led to the website being a little bit broken and Solana itself.
You know, it's been an hour and there's been over 100,000 claims. So, you know, don't worry,
don't panic. Bear in mind, you guys have 88 days, 88 days to claim this, right?
Of course, in the peak euphoric moments, as soon as this came out,
there's going to be an absolute surge of hundreds of thousands of people,
if not close to a mil, people just like coming in and trying to claim.
So the team is dealing with it right now.
And Solana, like when it comes to, you know, transacting large transactions,
you might have noticed that you didn't get all your Pengu. So give it a few, refresh, retry,
it'll tell you your remaining amount and you can try again. But again, typically at these moments,
people emotionally trade. And that's what leads to, of course, you know, stuff not going in your
favor. At the end of the day, your assets are more valuable. Your wallets are more valuable than anything and everything.
It only takes one wrong link and one, you know, wrong CA for all of that to go sideways.
Trust me, I've been there.
It's not worth it.
So if you're having trouble claiming, you know, grab some food, relax, you know, try
again in a few.
It's just peak euphoria right now.
Come and have fun on the timeline because regardless of what happens today,
today was history, not just for the Pudgy
Penguins but for the entire ecosystem.
Aishiv, real
quick, so I
have people, like I'm literally paying
people to send me links today to
try and keep the community safe, but if the
team sees any profiles and or
links, if you send them to me in a DM
or have somebody send them to me in a dm or have somebody send them to me in
a dm i will blacklist them literally as soon as i see them i appreciate it i think that's another
thing you know as the broader crypto community as a huddle member if you guys see scam you know
twitter accounts scam links wherever it is you know report it you know the worst stories that
we could hear from this is people losing hundreds of thousands
of dollars just because it didn't take two, three minutes just to look and check if the link is
correct. Again, literally just use the link from the official Twitter page. Don't trust the DMs,
don't trust the group chats, literally just use the official links. And if you do see a scam
Twitter account, something that we can do from the pudgy side of things is instantly take it down. literally just use official links um and you do if you do see a scam uh twitter account something
that we can do from the pudgy side of things is instantly take it down um it comes with um being
part of like the twitter like gold affiliate badge whoever it is so if you see any of that feel free
to just let me know wherever it is and we can take that down but of course when you have something as
hyped as this is people are going to do everything in their favor to try and scam people out of the community. But I know we're pretty
smart when it comes to a lot of it. So just be safe and mindful.
It's, by the way, like as a commentary, it is the most amazing pudgy penguin thing ever of how well
they do things, communications, marketing, et cetera, that on the drop day, as things are going,
you know, things go well,
there's some things that don't go well. By the way, if anybody has commentary on like the Salon
Network and everything, I don't want to hear it because we talked about the other side drop
earlier and the other side drop, basically you had to crank up and spend like $5,000 in gas just
to get your other side mint as the entire network just kind of, you know,
slowed to a grinding halt. So don't want to hear it about the Soul Network today as people are
doing claims. It's the best place for meme coins for my money at the moment. I'm not saying there
won't be other places where you can play around with meme coins, Ape Chain, etc. But I think
Solana is still reigning supreme on top of that. But just the commentary on the communication,
it's like the most amazing pudgy penguins thing ever
that they have team members who are saying,
okay, large people talking about Pengu.
Let's make sure everybody's safe.
Everybody's not doing anything they're not supposed to.
Also, make sure that people are properly claiming
and understand the claim comes in those multiple pieces.
You can claim more.
Your Pengu is not gone.
Because this is what happens when people rush into these things.
And similar to, again, we've not claimed.
Cap hasn't even checked.
I haven't claimed.
I'm getting antsy.
I might claim.
But, you know, plan to claim probably after the new year.
And again, one of the few tokens ever, probably the only one I can think of,
where I've not felt the need to just go out and claim.
I've said to myself, you know what?
I can wait on this one
because I don't think this is going to be some parabolic market crash. And who knows? Maybe I'm
wrong. That's why we say not financial advice. But Cap, have you checked your Alloy yet?
No, but pretty impressive recovery already. We mentioned, I mean, Lill's up to 2.25 now.
I mean, Lil is up to 2.25 now.
I think it's very bullish.
We knew there would be somewhat of a sell-off
to see it get gobbled up this quickly
and rebound, I think, is a very bullish indicator.
I did...
We don't have to hit on it today, Steve,
but since we are talking tokens,
just at least a quick flyover,
and then you can take it right back to Pingu.
But newsworthy talking tokens. CyberKong quick flyover and then you can take it right back to pingu but newsworthy talking tokens cyber kongs received a wells notice yesterday uh i pinned the the
thread up top anyone that wants to read that in detail or support the cyber kongs team or look
into look into what they're they're dealing with that's that's pinned up up top is newsworthy but
uh we're gonna we're gonna save it for the positive news for most of the day today. I mean, the important, I think, noteworthy part about the CyberCon's news is there is
sort of an SEC part in there about gaming tokens, which is a wild statement that like
saying basically gaming tokens should be registered as securities, which is, again, wacky statement
given not all gaming tokens are going to be securities.
But I think this is also the last
you know breath of this current sec administration to continue to just fire up as many shots as
possible you know last ditch effort yeah i mean there's a couple ways you can leave an administration
as a outgoing administration you can leave it in the best place possible thinking hey
for the united states of america this is where they voted and this is what they want and therefore
let's put it this direction or you can try to screw over your successors
as much as possible
by tying as many knots as possible
that they have to untie
and make it an escape room for them.
And it seems like we may be going up
on the ladder right now.
Some quick stats updates from Chef.
4.7 million website hits,
over 100,000 claims, dealing with some DDoS issues.
We'll be back up shortly. Yeah. So like I said, good chance we'll rebook Luca only because
time-wise- Already updated. Yeah. System should be good to go to claim again. Very important to
know if you're only able to claim, as we've mentioned a couple of times, if you've only
been able to claim a portion of your Pingu, simply refresh the site and go through the claim again.
Something to do with the Solana limits.
So just, you know, it's all still there.
You didn't get just a portion.
You just you might have to go through and claim a few times to get your your whole allocation.
And yeah, and again, 88 days to claim.
We have so much time to do this thing.
I don't think that the Pudgy team is planning so much time to do this thing.
I don't think that the Pudgy team is planning on saying,
we've come this far.
We've built, we've got the greatest recovery in crypto and NFT and Web3.
By the way, now the token's out,
we're just going to let this thing die on the vine.
So I don't think that that's what's going to happen
with that team and community.
So you have some time, you know, even if it's later today.
And again, like things to consider.
Like I'm curious again, let us know in the chat how you're playing it.
Love seeing how people are playing this.
Seeing some people who are booking the win and they're paying for things, right?
Like, again, like that's always good to see.
This is real money that you could change, that could change your life.
It's a big deal.
I mean, it's like a ton of bills you could pay with a Pengu airdrop in this way that people are seeing.
There are other people still, like myself, who are waiting and debating if we're going to claim into the new year instead of owning the liability on this year, depending on what that is.
There are other people still who are kind of selling part of it.
We're seeing some rotate into NFTs.
So just remember, when we say not financial advice in the show, we always try to give you
all of the options and opportunities so that you have the best information to make the best
decision for you. We're not going to tell you what to do with your money. That's a decision
only you can make, but you, whether you're selling, you know, hodling, selling a portion of it,
waiting to claim for the tax liability, buying today. All of those things are okay.
Just have your own play and make sure you don't let other people talk you off of it.
Just gather all the data there as you're doing it.
Shiv, go ahead and get back in here, friend.
Yeah, completely lost my train of thought.
Fuck, what was I going to say?
Oh, yes.
I think people need to understand that, you know, at the end of the day, what comes from Pengu, I think, is a rising tide for all boats, right?
I think what we saw here, or what we will see, is something that gives projects the confidence to take that leap forward.
that gives projects the confidence to take that leap forward.
And, you know, in the most hated rally, which has been NFTs this cycle,
where there has been constant PVP amongst meme coins and vampire attacks
amongst so many projects, right?
When people physically come up to me in person, let me know that NFTs are bearish.
You know, right now what we're seeing is the most hated rallies really flourish.
And what we're going to see is on the timeline, people
having life-changing moments where they can give back to people, where they can have money in the
pocket. And I'm talking as a community member here. It's life-changing money. I never feel
ashamed to sell or to do whatever you want with right? I think at the end of the day, we're insane enough to buy assets of tens of thousands of dollars
and people call us crazy for it, but there's no other industry like crypto
where stuff like this can happen.
I was in another space earlier and a good friend of mine who's 16 years old
just made 100 plus K through Pengu.
You know, stuff like this doesn't make sense.
And I think, you know, at times like this, especially during the Christmas holidays, right, you know, really
giving back. Those are the stories I want to see. Those are the stories I want to hear, right?
And never feel ashamed to do so. You know, we do this for the broader crypto and especially for
the community. So I hope everyone, you know, like I said, there's no rush, you know, take some time.
Like Chef tweeted, there's been over 100,000 claims
and obviously 500 million people trying to enter the website.
It's life-changing stuff.
It's life-changing stuff, and you get to decide what you want to do with it.
This is great.
Oh, go ahead, Cap.
Great take, and Chef said something there that I just want to pull the string on a little bit,
because back to the point of Pudgy, Penguin, and the ecosystem as to this cycle,
what Apes were to the last, it's not just onboarding others that aren't here,
as I mentioned earlier.
What he just said, it's going to instill confidence in a lot of other teams.
Last cycle, Yuga and the Apes, they created the
playbook that almost everyone else that was in this space followed to some degree, including
Pudgies. This token was a part of that initial playbook that Apes introduced. A lot of them had
to put that playbook on pause because of the unknown regulatory environment. And I think this will be a moment to where it gives a
lot of those teams that might've been thinking about it, that might've been on the fences,
not only the confidence that they can properly launch a token now, but also seeing how it was
executed and the following playbook. I think this is a big win for Web3.
And I think just as the Apes brought in a lot of new users and inspired a lot of other teams last cycle,
I absolutely see that happening with this Pudge ecosystem, Steve.
100%. I also want to double tap on everything Shiv said there, which I love, is that the way that we,
I think going through the bear together, we all got a little
bit stronger because the people who stuck around really stuck around. And I saw somebody who sold
a penguin for $130,000 who said they bought it for 300 and they talked about what they were doing
with the money. And universally, I saw the community saying, congratulations. Good for you.
That's awesome. And that's what we need to do more
of around here in fact i'll talk about the purchase i made on monday it'll make more sense
come monday i'll text you offline cap about it but i made a purchase that is family related that is
awesome that is something that we'll all enjoy um and or at least three out of my four members
of my family will definitely enjoy and i wouldn't have been able to make this purchase
without an airdrop,
without what happened in this space.
And if I just said,
hodl to the moon is what I'm going to do
and not taking those profits,
I wouldn't be doing something
that is going to be something
that I'm probably going to remember
for a very, very long time.
So to me, those sorts of things are really important.
And what Shiv said there, I think, take note of that.
Like, if you're sitting there,
and I'm going to give my strategy that I often give
that I'm just going to double down on around here.
There's obviously quantitative data you can look at.
You can look at market caps, you can look at profits,
you can look at taxes, all those things.
From a qualitative perspective,
I will continue to bang the drum that you need to have the can you sleep comfortably at night test.
And by that, what do I mean by the sleep comfortably at night test?
When I got the airdrop for ApeCoin, it was the biggest airdrop I'd ever received by leaps and bounds. I think for a lot of people,
it was. And the first night I got there, I was sitting there staring at it. I actually had a
Zoom call with some friends. I think it was during COVID. I can't remember. It was just post-COVID,
but I was sitting there, Zoom called my friends, and I was uncomfortable with how much it was.
And I slept poorly. The next day was a Friday. And on that show, I sold half my ApeCoin.
That night, I slept like a baby
if you feel uncomfortable if you're watching charts
if you're watching price if you're saying I want to pay my bills
there is no reason you can't comfortably make yourself
better in that position
it's the same reason why like a lot of times when I talk about buying certain JPEGs
people are like oh well why don't you just buy it if you want it or if you're liquid
because if I buy something for a certain amount of ETH and then I'm sitting there watching the floor price every day, it's not healthy for me personally.
And so to me, like, and there's some people who love living on that edge.
That's part of the fun for them.
And if that's a fun for you, God bless, go for it.
But for me personally, like that is one of the biggest tests you can give is are you sleeping well at night or are you uncomfortable?
And I think with stuff like this, this is the, for a lot of people, this is the biggest airdrop they'll ever receive in their life.
If you've got a big pudgy, you're sitting on a tremendous amount of money right now, right?
Comparatively to a lot of people.
I know people who own five to seven big pudgies, some littles, some rods, and they're just watching this thing reel in.
And if you're uncomfortable with what that number is,
or you really, really like sitting there looking at that money,
do it because the last thing you want to do is regret if you don't get it.
And you also then will be more comfortable moving forward.
So I think that's an important thing to think about where you're,
what you're doing and if you're taking profits or not.
But again, for me, I'm still deciding my strategy.
As I've said,
I'm in all likelihood sitting on some soul
that I'm going to deploy to buy at some point
in the Pengu token.
And I'm going to hodl the Pengu token.
And I'm going to claim in the new year.
Maybe it'll be the first thing I claim
after the new year rings around.
And then I don't know.
I just, it's one of the ones that I, as I said,
like don't copy trade me because it makes,
I round trip my, didn't round trip my ape
because I bought it for $1,000.
I held an Ape up to $450,000 and back down to where it is, you know, below there and back to where it is now.
So I'm not like the one to necessarily say like, oh, copy trade me.
But this may be one of my bigger bets this cycle because I just think it has such potential because of, it feels like so many people behind it.
And the thing that Shiv said earlier about like celebrating the community and everything that goes with it.
The people who are claiming this across the board are apes and mutants and moonbirds.
You name it.
People from all over the ecosystem are getting allocations and claiming this thing.
It just feels like a community win that a lot of people are getting behind.
And we'll see.
I may be wrong.
Maybe this thing cuts in half. Maybe it doesn't do as well i don't know we're gonna find out but
um i don't know like i just i feel very it's one of the more exciting i know cap you said you woke
up with a lot of energy it's one of the more exciting days in the space i can remember in a
while um and i'm not sure if you have a plan for what to do with your airdrop once you claim it
uh and if you are just a you're you're probably just a hodler, huh?
I mean, I'm not going to say forever, but yeah, I'm not a seller.
I'm looking for an entry here and I'll be buying today
and not claiming because I'm not a seller.
I don't know.
It's not looking.
I had a target when I saw it open.
I was like, if it hits $4 billion, I'm in. That's where I'm going to make my move. And maybe it gets down there later today, but I
may just have to make a move. I will make an entry at some point today. And like I said,
I'm not a swing trader, not a channel trader. So I likely won't time the bottom perfectly.
But yeah, I'd like some exposure. And I'm probably going to hear
in a little bit after the show, I may fire up a voice chat in the war room and play around with
some LPing today. Again, not something I've done often, only a few times, but I could see this
keeping the attention for, I don't know, maybe throughout the week, Steve.
Yeah. No, I mean, not that it's going to lose attention,
but the Binance listing just went live
and kind of where I would like to play the trade, Steve,
is I don't think we've got confirmation,
but I'm assuming we'll probably see a Kraken listing.
I'm assuming we'll see a Coinbase listing at some point.
And I definitely want to be in
position prior to the next wave of announcements. Maybe nothing comes, but to your point, I have a
feeling for as well as this team has executed thus far, there's probably a few more things
on the come later this week or into next week. Thumbs up from Shiv is bullish. Let's hit Joey
Vowles. Joey Vowles, get in here. Yeah. I doney vows joey vows get in here yeah one of the i don't
know if shiv can answer this or not but one of the things that we've talked about in the war room and
i see coming up in the pudgy discord as well is and maybe i missed this but is there going to be
some type of checker for people that are buying low pudgies or big pudgies on secondary to make sure that their claim hasn't happened yet.
So that's a thumbs down. So no. So that would be a risk now if you're going on secondary.
I would assume, if you're buying on secondary, I assume that the claim has already taken place,
especially if it's listed anywhere near the floor.
Yeah, I would make that same assumption too. But I think it goes without saying,
be careful if you're going to go shop on secondary thinking you're going to buy a little pudgy or a big pudgy and be able to claim something over the next 88 days.
It might already be gone.
Is there a shift?
Is there a reason why they didn't build some type of checker?
Yeah.
I mean, same reason why we don't have the checker for, you know, because like some big pudgies haven't claimed the little pudgies.
If you didn't know, if you have a big pudgie back in the day, you could have claimed a free little pudgie.
And obviously there are still quite a few little pudgies that haven't been claimed, but we don't have a checker for that.
I think obviously people have made their own tools to check that.
But what it ends up leading to if we had one officially is like unfair trading or whatever it is.
Like people just, you know, buying something it's like unfair trading and whatever it is uh like people just you know um buying something just instantly dumping it whatever it is and i think when it comes to this like you shouldn't be like necessarily buying a
penguin to like oh my god i'm gonna buy my penguin claim penguin then like dump it like i think
it creates a weird kind of trading chart that people are kind of just like looking for only
buying penguins at the end of the like looking for only buying penguins at the
end of the day that haven't claimed pengu at the end of the day at simple call thesis penguin the
penguin is the penguin you shouldn't be buying a penguin for that necessarily that reason but you
should be buying it for you know the penguin itself being part of the huddle and whatnot
and obviously the stuff that comes with its future kind of growth. So it's kind of the same reason why we don't have the checker for Lil Pudgies.
I actually like the thinking on that.
It's funny because on the side that we're on, Joey, I think we're like,
well, why wouldn't there be a checker?
What if I buy something?
And, you know, but it's almost like you want the penguin to be the penguin you want to buy.
And again, I'm an aesthetics guy, so I generally buy things I aesthetically find pleasing.
But it's almost like you want it to be the one you want to buy, and then it's like finding money in the couch cushions if it happens
to have not had the claim, but rather than somebody saying like, oh, this one's been sitting
out here and doesn't have it, I would almost assume, to Cap's point, if you see
a Penguin listed on the floor, my assumption would be that it had been claimed. That won't always
be the case, but considering there were four ETH coming up into the claim, and they're now closer
to two ETH, it's very likely that anything you see on the floor
was a play that somebody was making.
And I like this too, because again, like you don't, the best part about NFTs is they don't
have to be overly financialized assets.
They can be something that you love.
They can be something that brings you into a community.
They can be something that brings you into the culture.
They don't have to be a total financial asset. I think
for a lot of us, they're not. And so I think it's important to like, you know, have that sort of
thought process, but Joey before, Oh, go ahead, Cap. I just said real quick, I've seen several
people appreciate everyone in the chat, making the, you know, making us aware it does appear
right now. And the official count said this with right now, both MetaMask, I saw from Britt as well,
Harpy, it's throwing up a flag that it might be a malicious site. It is the official site. It's
some issue with, again, I don't know what might be causing it. It's being fixed right now. It's
already been fixed on MetaMask. It's being fixed on Blowfish and the other ones right now.
Perfect. And then I saw the Harpy hand fly right up. We'll go right to Brit and then go back to Steve. I was just going to add that, um, it's
likely scammers, um, reporting the real website to make it harder to differentiate what is real
and what isn't. Um, so the best thing you can do is just go back to the official pudgy page,
like the X account or the discord and make sure you're just clicking straight through those links.
That's wild. That that's a new one. Steve, you, you weren't wrong.
Scammers are getting more sophisticated, smarter, smarter.
Just think about that. Like they scammers reporting the real stuff to get you to the fake stuff is, uh, again,
they are, uh, I, I just always wish these scammers would apply themselves to something
that's like, it's like, I, I used to watch a show on like discovery ID or something
back in the day. Uh, like when I was in college, you know, maybe partake in a few of our favorite
activities and then go, but it was like, we would watch this show called. I almost got away with it
where these people would like escape prison in this like epic fashion. And you listen to it.
And you're just like, if these criminals just did real jobs, they wouldn't, uh, they wouldn't
have to worry about being in
jail. Like they're like, I'm like, these people are so smart. It's like, if you're that good at
being a hacker, like all you have to do is develop the littlest bit of a moral compass
and you're in good shape. Um, uh, let's, let's go. One thing I will say, and I think it's gone
incredibly well. I will say the one thing that as somebody who has like a bunch of different wallets and is connecting them all, you know, it says like I have three OG ETH users.
And I noticed other people are getting, you know, like they're getting Pengu for having Mog.
And like somebody mentioned something like if you had Steakland, I would say if I had one critique, it would be like a little bit more transparency on like, what are the three OG ETH users that I'm getting credit for?
Why did I, why is like my mog not showing up?
Did my stake land count or because I do have the stake land staked.
staked land staked i do have mog so that's if i was going to be really critical and critique
I do have mog.
something it would be maybe a little bit more transparency on what are the three og eth users
like what what qualified the mog what didn't what category does it fall into but that's i mean and
we're nitpicking here but because i'm trying to figure out like did i miss a wallet or like because i don't
obviously want to leave any pangu on the table now joey i gotta ask like while you're doing it
i think it's a fair critique by the way um also as you as you're talking through these allocations
i just got to call attention to crypto leon i know we lost shiv there i'm not sure if this was
who he was referring to other or earlier rather but you know and I'm taking this as if it's actually his wallet
that he's sharing, the 905,000 Pingu
that he was able to claim.
About a third of that for holding a couple little pudgies.
The remainder though, for again,
being that active participant in the community
and doing the things.
And Crypto Leon, I believe is 16 or 17 years old,
by the way.
I was going gonna ask if
it was crypto leon that shiv was talking about because he's always sort of he's got a little
pudgy he's always out in the space talking a little bit so look i'm and these are the things
these are the stories i'm gonna go back to joey here in a second but like these are the stories
like that that's what i want to see on no offense i think the fart kind fart coin in the in mainstream
media is great i think it's
hilarious hot air does rise and that's that's cool that's great for a meme but in all seriousness
those are the stories i would love to see in the news is the 16 year old who's been showing up and
educating himself and immersing himself in in crypto and web3 and learning oh by the way got a
you know a five-figure airdrop today just for showing up. You want to talk about
getting attention of others when it's not like while he does hold a couple of little pudgies,
the bigger portion of his reward is for his participation. And Bunchy said it in the chat,
how they've rewarded so many of the active participants, not just those who are active
in the pudgie ecosystem. I think this is going to be a, not just those who were active in the Pudgy ecosystem.
I think this is going to be a big win.
And I kept,
I keep mentioning the playbooks.
I hope this is the playbook that we see many others move forward as far as future token drops or claims.
Yeah,
I agree.
I like seeing this.
I like seeing this on the timeline.
These are the stories that get me excited.
And these are like,
it just gets me excited to see people winning. And like, again, like I love the fact that I'm going to be able
to tell my friends, like a 16 year old who participated in the ecosystem, got this and
explain it to them and help them understand that, you know, my daughter is probably just a few years
away from this, right? That's what's crazy to me is that she's interested in this stuff. She likes
it. She's reading my book. Oh my God. My daughter came to me yesterday and goes, you know, like,
you like the Cavs, but you're a massive Cavs fan. And I was like, yeah, I mean, I'm a Cavs fan.
Like, you know, she's like, she's like, you're a massive Cavs fan. I'm like, what do you, I'm like,
I'm like, why are you like, yeah, I like the Cavs. I don't go to like every game or anything like
that. She's like, massive Cavs fan. Almost kind of giving me a hard time. There was a footnote in my book where we talked about the Boston
Celtics. And we put in the footnote, Steve would never go to a Boston Celtics
game as a massive Cavs fan. So she's giving me crap about a footnote in my book,
which I was like, and I said to her, I'm like, that wasn't even in the main text. That wasn't a
footnote. She's like, yeah, why wouldn't I read the footnotes? So 13-year-old reading a book about
crypto and NFTs, reading the footnotes? So 13-year-old reading a book about crypto and NFTs,
reading the footnotes,
and then giving her dad shenanigans about it.
I'm happy.
I'm very happy.
I'm bringing back the word compersion, Steve.
I'm really happy that Dawn, your wife,
drastically outperformed me in best ball.
I'm really happy she's getting a bigger airdrop than I.
I'm going to have to draw the line, however.
I can't, I just, I cannot let your 13-year-old daughter outperform me in the bigger airdrop than I. I'm going to have to draw the line. However, I can't, I just, I cannot let your 13 year old daughter outperform me in the next airdrop. So
whatever she starts doing when she does into the space, that's the only request is that you let me
know and I will farm whatever she's farming because I just, I can't let that one happen.
This is where I have to draw the line. So I kid you not. Um, you know, I don't know. I kid you not, you know, I don't know.
I kid you not.
Like, my daughter is so interested in this that, like, she wants to participate.
She wants to have wallets.
My son is starting to get into it a little bit.
Not in the same way she is, but he wants to play the games.
But, like, you know,
it's funny, like I'm working with a company that I'm advising right now. And on that company that
I'm talking to, they want, it's a consumer facing product. And they basically said,
we want your daughter to test our product. And she's stoked about this, right? Like she wants
to play around and be a beta tester. So like, I have to imagine if she's excited to be a beta tester
on things like that, she's going to be extra excited
to be involved with, you know, Web3 when she starts getting into it.
The other thing about it is, I don't think you understand.
My daughter is going to be better than all of us at this.
She plays Pet Simulator 99.
She's been getting upgrades in the clan
she's in because she gets recruited to
other clans and Pet Simulator 99
or groups or whatever they're called because she
grinds. Her iPad's currently on grinding
all day. She grinds on this
thing constantly. She's always
telling me what the market value of
various pets are and what's too much, what's
too little, keeping an eye on it.
The way she talks about
pet simulator 99 i i kids i told i told dawn i'm like if we get her in crypto and just give her a
wallet with a little bit of money and tell her the places to look and make sure she has like you know
things like harpy for security and all those good things she could be just cleaning house right now
and so i'm excited to get her into this because um i i just think like her
ability the way she farms airdrops in pet simulator 99 in roblox for what she loves
if that transfers over to the world of crypto it's going to be a game changer um i'll go 50 50
with her on my pizza pet if she wants to keep that thing alive oh i dude i i know i should have gotten i i missed the pizza pets uh i should have gotten the pizza pets um the um uh you know but i
did not so i have 14 i'll send two for your daughter if you want oh let me know i'll let's
connect because i don't i don't i mean i want to pay you for him in that but i um i had you have
14 pizza pets i didn't even know yes I have 14 I got I got
six per pizza ninja and then I picked up two on secondary because there's like there's a lot of
different strategies and I just want to on how to evolve and how quickly evolve so I figured I'd
give myself an act a few extra extra in case I start killing them.
That said, Joey, we should probably have another day,
but we should probably have Teal on here at some point
because is this the first game built on Bitcoin?
Not the first for sure, but it sounds like the most complicated.
Joey, I got to ask you while you have the mic open.
Are you a claimer of Pengu today?
And are you a seller of Pengu today?
What is your plan?
And if you are a seller,
what are you a buyer of?
Is it Christmas presents?
Is it NFTs?
What are you doing?
So I'm on the fence with claiming,
like I'm tempted to wait to claim.
But then at the same time,
I would rather have it in my possession in case something
happens like with Magic Eden, where 12 hours after the match. So at 9am Magic Eden dropped
and I sold, you know, it was at like 550. I'm very happy I sold. But then 12 hours later,
it had that crazy run up to almost $10. So I'm tempted to claim and just sit on it
and see what happens with the charts. Because if the charts do go parabolic and go to the moon,
but I haven't claimed yet, I got about 300 and I have 319,000
Pangu, um, which right now is about 15 K, which is what I figured based on everybody's estimates
I would get. I mean, it's a lot of money for me right now with the holiday season and the hospital bill for Gianna coming in at like 5k.
So it's tough, but I have not claimed yet. Yeah, it's interesting. It's a weird thing.
This is why I'm hoping we get more sensible tax rules in the United States going into the next
year. Because in Canada, if you claim tokens, you don't,
I believe, if you claim in Canada, don't take my word for weaver Canada, talk to your own
tax attorneys and whatnot.
But as I understand it from her, you know, people I know who are Canadian, if you claim
in Canada, you don't get a tax burden right then when you do when you sell the token versus
the United States, at least in the jurisdictions I'm aware of.
And again, talk to a tax attorney.
We're not tax lawyers and can't give you tax advice.
But at least as I understand, you basically have a liability on the claim,
liability on the sale, like, you know, on the trance,
all these different things that end up costing you money in the long run.
Like I'm already making a list of the things I got to tell my accountant
on tax time when it comes to my income and start putting all these different
things in here.
So, you know, for me, it's like, that's something you want to be like,
I'm hoping that in the next few years we can get more sensible on because,
you know, right now you're basically saying like,
we are being rewarded for testing innovation in this, in this world,
which is pretty cool.
We're being rewarded for testing innovation.
We're getting those rewards,
but then we're being dinged for those rewards when we get them,
not necessarily when we sell them.
And again, I've had this perspective,
and I know it would never work this way,
but it's like the idea of taxing dividends is always interesting to me
because it's like you're taxing someone for holding money
in the American economy, in the stock market,
where they're getting paid out a dividend
from a stable American company,
like, wouldn't it make sense to tax on sales, but then encourage dividends because then they
could enrich their shareholders. And that money could be used in a variety of ways. It's either
used to make more money in the stock market, which is good for the market, or they cash it out and
then you tax it. So I just, I don't know. It's a very interesting dynamic to me that I'm not
overly a fan of. But that's, you know, I don't know,
that's just be aware of that. And when Joey's talking about it being a lot of money,
it sounds like you're in a similar place to me, Joey, where you're like, I want to be smart with
my play, but I mean, on the flip side, I also am trying to, you know, I'm staring at a bunch
of money that I think I'm going to be able to claim here. And I want to make sure that I am
able to take this money and enjoy it. And And you know, your point, like there's always
that worry that I think we're putting, we're totally fine. Right. And I'm going to, I'm going
to check the, uh, the, I was going to say real quick while you're talking about like claiming.
So cap, you mentioned possibly buying. So we're on a dip right now it's down below like a four billion market cap
obviously no financial advice what is your target because obviously i'm not going to claim and sell
now because we're on a big dip so but do you have a target in mind of where you're going to start
accumulating yeah about right here well my number was four so the number was four billion so so now you're you're you're in
your accumulation phase yeah likely i mean i haven't pulled the trigger yet but this is
i'm i'm a buyer here at some point as well as i'm probably gonna open up a small long on it as well
i'm um i'm actually a buyer here.
Literally, as we speak, I'm buying my first sole worth of Penguin.
So, Pengu.
So, I'm getting in on this thing already.
And I am, I think, assuming that it worked correctly.
It's very bizarre.
Are you using Jupiter?
Yes, I'm using Jupiter.
And it does not appear the swap went through.
Even though it said it went through, which is bizarre.
Confirmation from Canada.
You only get taxed once you cash out.
Got it.
At least in your jurisdiction in Canada, that's where you're looking.
So, I mean, hey, that's, uh, that's good news.
Um, you know, I, I, I like, I, I'm trying to, again, I'm just trying to like get myself, uh, I'm going to all my different exchanges and things and trying to see where I can get the Penguin
because bizarrely, and again, I think it's the Solana network at the moment,
which also, by the way, means I might have some coming earlier.
When the contract got leaked, I did try to buy and get a ton for half a soul
when it was like at nothing and it didn't look like it went through.
So who knows? Maybe we'll get it later. I don't know.
But we'll see what happens with that.
But yeah, trying to be a buyer here if I can.
But I know there's a lot of things going on.
And so it's a little bit slower.
My Jupiter just went through.
And you're confirmed that it's in your wallet.
So did it go through?
Or did it?
Because like for me.
No, it's in my wallet.
Okay. Because mine went through, but it was like...
I had to up the slippage a little.
What did you put slippage at?
Four.
Okay, I was at three, and it did not up here.
I didn't lose much because of the slippage, so it's pretty good.
Yeah, I'm trying to... It says I'm getting good. Yeah. I'm trying to, it says, it says I'm getting my transaction.
So I'm following through on this one, but, and again,
not telling people to copy trade us because we're buying things live. We,
you know, myself, Joey cap, we do dumb things all the time.
We make really bad decisions a lot. So we're not telling anybody to do this,
but at least for me, yeah, I am. I'm already, yes, I am. I am in,
so I am in the Pangu trade. I've, I am. I'm already. Yes, I am. I am in. So I am in the Pengu trade.
I've tossed a little a few shekels at it to get this thing going.
And I'm going to keep an eye on that as well and decide because I'm trying to pay that to your point, Joey, about the market cap.
3.9 billion.
Five feels comfortable to me as like a number.
But again, that's just kind of based on feel.
You know, I think the numbers that I've seen are so wide ranging that it's hard to see.
I want to give people some level of reference, though, that, you know, at a $5 billion market cap, that would put Pengu in, say, I think the top 30 coins-ish, definitely top 50, probably top 40, so
I'd have to check exactly what it is, but
that's going to put it pretty high there, right?
So I think that's going to put it there,
and to continue to move through,
yeah, it looks like right now, based on market cap
at 3.9, it's at 63, so I was about
right, right in that 45 range.
I've heard some people calling for, I heard someone
calling for 20, which was a wild
number to me, but maybe not.
20 would put it pretty damn close to the top 10.
That'll put the top 15.
So we'll see what the numbers are.
5 billion puts it at like 31, right behind Dai.
And is it crazy to think that like, I don't know.
Above VeChain, above Arbitrum at 5 million.
Sorry.
No, no, no.
That's helpful.
You're kind of giving the info.
And I guess it's not crazy for me to think that it should have a higher market cap than Stellar Lumen or something, right?
Which I get it.
But like, you know, XLM at like.
Oh my God, Steve.
This is not a bit i promise so if you've been
around here for a while you've probably heard that my mom has out traded me with her xrp trade
that my aunt and and uh uncle got her on and guess what she called me about asking yesterday
that my aunt now tells her she needs to pick up a bag of no way way. Yep. Yep. Can't make this up. I'm like, mom.
And so like I,
without bashing stellar lumens,
I did my best to educate her.
Like she has a big,
she has a bag of Bitcoin,
a bag of ETH,
a bag of XRP.
And I strongly suggested that her next quote unquote major should be a bag of
Solana before stellar lumens.
But who am I?
Like she's the one out trading me.
My ants are in circles around me.
So maybe this is the sign that we all need to go for, you know, cash out your Pingu and go buy some stellar lumens but who am i like she's the one out trading me my answer in circles around me so maybe this is the sign that we all need to go for you know cash out your pingu and go buy some
stellar lumens today did stellar lumens pump i have some like 10 or something i think in the
last 24 hours something like that but like if it hits 10 billion steve real quick if it hits 10
billion that's bigger than pepe yeah which would be a crazy i mean that's that's crazy to think
actually but like not crazy i guess like right that's, that's crazy to think actually,
but like not crazy, I guess like, right. Like, I mean, is it nuts to think this could be
the meme coin of JPEGers or are we too euphoric? I just, I don't know. Um, but, uh, it's definitely
an interesting one to keep an eye on, but like, I think, yeah, for me right here at the very least
feels like a comfortable market cap. And again, the other thing that I'm, I'm looking at here,
which again, we say this say these are totally speculative plays,
is am I going to hold this?
Am I going to claim this?
And is it going to lead to more abstract drop?
Is it going to lead to other potential airdrops
and opportunities in the future?
Like, is this a community of people?
Like, we saw this when we say penguins
are the apes of this cycle sometimes.
And again, Cap said it.
I'll give Cap all the credit there. When he talks about penguins being the apes of this cycle sometimes. And again, Cap said it. I'll give Cap all the credit there.
When he talks about penguins being the apes of this cycle,
we're talking about capturing the culture.
We're talking about the airdrops.
We're talking about all the things that make it sort of the,
that make it sort of special, so to speak, right?
That made people want to like, every time something came out,
it was like better include apes.
It's a community that you want in your community.
And you would hope that they stuck around.
And sure enough,
a lot of them would.
And I think,
you know,
for us,
like this is what we're trying to say.
And when I look at like a Pangu,
which I'm now finally adding to my portfolio,
my coin gecko,
so I can keep track of the price a little bit easier and not just be like,
Hey,
let me type in the contract address and let Rick tell me the market cap.
When we're looking at like something like a Pangu, it's like, again, your me type in the contract address and let Rick tell me the market cap. When we're looking at something like Apengu, it's like, again, this is like...
Is CoinGecko your favorite place to do that? Because I've been looking for somewhere to do that.
I just use CoinGecko, and I don't have my...
I don't have it in my...
I don't have it, like, sort of as my money that I actually have...
I don't have my money actually in there, So I don't have my actual allocations and numbers
because I move things around so much and,
you know, change.
And sometimes I have some of this
and sometimes I cash to take a victory and all that.
But I, you know, for me, like that's what I do.
There's an NFT one and a portfolio one.
And I've put CoinGecko in there
and it just has everything that I have going on
in my group in there.
So I've been doing that.
But yeah, no, it's an easy way to like, at least for me, keep track of it.
Bitcoin, ETH, Soul, Avalanche, Chainlink, Bonk, Pudgy Penguin, you know, Pangu and ApeCoin and MemeCoin and Pirate and all those things that I hold.
Just gives me a good look on the market.
Just gives me a good look on the market.
And then if something runs, like I tend to reallocate.
And then if something runs, like I tend to reallocate.
I've said this before.
I actually have a spreadsheet offline that doesn't, you know,
show people like different things where I track my crypto.
And then what I do is if I get uncomfortable because one's too high
or one's not high enough, I tend to reallocate
and try to balance the portfolio in various ways.
So, yeah, for me, Joey, it's like if you log into CoinGecko
and you use your email, that's all you need to
log in with like a Google single sign on. You can just basically put your favorite coins that you
want to track, whether you want to buy them or you own them into that. It's almost like the stocks
app to your, to the, to that you have on the phone where it can, you know, you can put your favorites
in there and kind of track them through. So that's what I tend to use. And that's what I use for my,
my numbers and make sure I'm keeping up on things. But, um, yeah, Pangu sitting at that, uh, I think it's that is, is it, is it, am I reading this right? It's 2.7 now. So it's got
kind of a wick downward. Um, that can't be right. 3.8, 3.8. So it's actually not updating very well
in real time, to be honest. So I'm seeing that 3.8 and, uh, the market cap is not reading correctly
on CoinGecko. So after I just pumped it, when I click on the actual token on CoinGecko,
it says, you know, FDV is 3.8.
Oh no, market cap 2.7, got it.
So market cap is 2.7, FDV is 3.8.
So look, that said,
Cap, good morning.
Overall, unfortunately, Luca couldn't stop by.
We'll see if we can reschedule
and get him on at some point.
Glad she was able to come through as a proxy
and kind of give us a little bit of conversation.
So for those who came here for that, apologies,
but, you know, totally understandable.
They had some issues that they were working through,
so weren't able to get there.
Not like he didn't have anything going on today.
Yeah, he was a little busy.
He was a little busy, so it happened.
So work on getting him back on.
So, Cap, any other thoughts? I know getting him back on. Um, so cap,
any other thoughts? I know we're at the 10 o'clock hour. Um, you want to figure out how to LP this
sucker. Uh, I just saw we had Ari hop up. We got a couple of the requests. We, if you, if you got
a few seconds, we'll let Ari get in here with a quick comment. Uh, or, or if you just want to are you getting any audio steve or just i'm not i assumed it was me again
yeah not not getting any audio are you maybe maybe take a lap maybe leave the room and come
right back and we'll give it a second try jonah let's do a mic check on you gm hello there we go
um you know i'm before i'm gonna get in before jonah because the other piece of news that we All right, Jonah, let's do a mic check on you, GM. Hello. There we go.
I'm going to get in before Jonah,
because the other piece of news that we didn't hit on today is there's another token drop.
Nifty Island dropping their token today.
Jonah, is that live?
And if that's not what you came up, by all means,
feel free to take it wherever you'd like.
But when does the Nifty Island token go live if it's not already?
Well, that's not why it came up, but you know, they are
one of our clients. So it went live as of like 60 seconds ago.
How's that? How's that hold? And what is, what is, what is that token on? Is that an ETH token?
It should be an ETH token. They built on ETH. Yeah. For this particular client,
I didn't work on the token side. They already had that filtered out.
I worked on BDE partnerships and general positioning of the company.
Certain clients I work on tokenomics, certain ones I don't.
They already had their tokenomics settled.
What do you look for when you work on tokenomics, out of curiosity?
I actually would like to dig in on that because I work on,
I look at like sort of allocations on tokenomics,
but outside of that, that's about the extent of my scope of understanding.
What do you work on when you work on tokenomics?
How to create the best fair launch possible
within the legal bounds
and within whatever VCs allow me to do.
That's what I mainly do.
I think that, what do you call it?
Plato's Allegory of the Cave.
Last cycle, everyone bought VC tokens.
This cycle, they're not.
They still will because just like the price is too juicy.
But I think people are smarter now than they were last cycle.
I actually think last cycle we did bring in the normies.
And I think now the normies are not like being integrated. They're just sleeping, waiting for like interesting things for themselves, plus the bull market uh and those normies are much smarter than they were prior
uh you saw that with like tick tock like all those tick tock kids literally decided we don't
want to buy your soul shitters we're going to make our own which is hilarious um same thing
with these ai tokens we don't want to buy your soul shooters. We're going to build AI tokens. And, you know, we don't want your soul shooters. We're going to build, buy Pengu.
It's very interesting. Retail knows that they're cold retail and they kind of fight back out of spite.
So I look for more novel and I try to work on more novel tokenomics.
The really interesting tokenomics that I've worked on the last seven months is on
Fchain, which will be out. The tokenomics will be out next month, but it is the first chain
that I've ever worked on, at least, where the VCs get zero tokens and the team get zero tokens um it's also a node sale that's the same price that
an indresin would buy and there's only one tier
there's only there's so we're doing a fair launch chain that's like a bitcoin for gaming it's not
bitcoin it's not proof of work but similar model model. Yeah, this is like, because usually, I mean, that's the thing.
The argument about Bitcoin is always like, it's about, it's as fair of a distribution as you can get.
It has to be mined.
You know, there wasn't a pre-sale.
You know, it's got a limited cap supply.
So I think all of those things are interesting.
That's an interesting dynamic too.
What is your thoughts?
I guess like, given you're operating in this world,
what are your thoughts on the Pudgy Penguins initial token launch?
What's your gut reaction initially on this?
I'm waiting for a dip to buy.
I don't own any Pudgy assets currently, unfortunately, for myself.
But I think the...
Well, one, I think Pengu as a social token
is really powerful.
They have multiple projects under their belt.
I also think...
My assumption, I don't have an insight on this,
is that if I hold Pengu,
I probably get an abstract airdrop on top of it.
Quick interjection on that one.
That's my assumption as well.
There's no guarantees.
We're purely speculating.
However, I'm spamming B-check posts up top.
The one just went in from the left.
And this is the alpha this morning.
I would strongly encourage all of you to do this.
Don't procrastinate.
Don't delay.
And don't not fill out that form later.
He says, given the Pengu generosity to so many different participants, you might want to create your abstract global wallet at the same time as your claim.
It's just at the bottom of the page.
Why not?
Keep clicking.
Do that today.
If you're listening in today and you don't already have your abstract global wallet created, go create that today.
create that today you have nothing to lose it's free yeah so my my guess is that
You have nothing to lose.
It's free.
they want like no one wants to see a pump and dump so if i were working on penguin tokenomics
i would probably do two things one holding a certain amount of pengu gets you a certain amount
of abstract and then two interacting with any of our partner projects will get you additional abstract because
from what I understand, I don't know if this is public, but I think it's okay to share,
abstract itself did not raise a lot of money. The ecosystem did not raise a lot of money.
Abstract itself is significantly underfunded compared to competing organizational ecosystems.
funded compared to competing organizational ecosystems.
And so what they have to do is they have to create a really
unique traffic system using the hype of Pengu in order to fill
their capital buckets.
And I think they'll absolutely do that.
And then they'll go raise an additional round,
or they probably already have.
But at the time that I heard about the raise,
I heard it was very small compared to
what an Arbitrum, for example, has. So I'll wait for the craziness to settle a little bit.
Rushing to buy a token usually means you get your wallet compromised, so I have no reason to rush.
I'll buy Penguin at $4 billion if it stays at four if it goes down to like two
billion i'll buy it there um i probably i believe that abstract could do pretty well just because i
believe in the luka the luka aura um and i already know a number of abstract projects um and what
they're doing and i think some of them are really cool including one game in particular that was this pretty novel um that that we didn't take for another chain but we i still thought the game
was really cool so um that's what i'm doing that's my that's my plan i like that i like that plan and
honestly like there's another like thought here on the dip which i'll throw in there before we
go to harpy cap which is there is a world where i I mean, I've, I've bought a couple, I've, I've legged in a little bit of, of soul. Like I
said, into this, I'm feeling, um, you know, somewhat strongly about directionally like this
token. I feel good about it overall. One thing that, that, you know, I'll throw out their cap
is like, I talk about not claiming for a tax liability. If this thing takes a haircut because
people claiming are selling, there is a world where I actually end up claiming now because I feel like my claim in two weeks is going to be significantly higher.
I'm not telling anybody to copy trade that.
Again, that is a risky game to play and you need to make sure you're setting aside the right amount for taxes. But if it gets to the point where I feel like I could USDC something to cover some of those
taxes in the future, well, then I would probably rather, you know, claim while it's at a lower
valuation, if I feel like it's dipped lower than I'm comfortable with and I'm looking
So that's another play you can make there.
But I like the advice of, you know, just to double tap on what Jonah said, we've been
saying it all morning.
You got time to claim.
Don't feel the need to rush in to anything.
Check all those links.
Make sure that you're hyper careful about this sort of stuff because, you know,
one wrong click, you lose all those assets that you were going to get to claim
with this stuff, and then you're in a bad spot.
So just be careful with it and don't feel the need to rush.
You know, official contract addresses, official exchanges, the whole nine yards.
I am, like I said, I'm keeping an eye on, I'm using Jupiter right now because it's working.
And I've legged in a couple times.
I bought a little bit of the dip when it dipped.
And then I bought a little bit of the dip of that dip that I was looking at.
So that's the direction I'm looking at.
But let's go ahead and get, let's go to our friends and Harpy in here.
Go ahead and pop in, Britt, if you are there.
And if not, that's totally cool.
Oh, sorry, I kept myself on mute.
I did pin Nifty Island.
I was going to say, this is coming from Britt,
not from the official Harpy dialogue.
But this was a kind of funny little one,
and I'm not going to be doing any more floor sweeping, so y'all have fun. But I did grab a little off the floor earlier, just assuming it
had already been claimed and popped over onto the claim page and it had it. So I have no more assets
to mess around with that. You guys all have fun, but it's definitely possible. That's a huge win.
but it's definitely possible.
That's a major win.
Wow, congrats.
It's a huge win.
Who's flooring their penguin on a half-price dip
without claiming their pengu?
Wild.
Which is crazy because I looked at the 1.8
and was considering getting when it was down there.
I don't know what they're at nowadays,
but now you're making me think about...
Bots, Steve.
Yeah, maybe the bots getting...
That's true.
Maybe the bots are getting played's true maybe the bots are getting
uh are getting played here maybe the bots are actually the ones who are getting played here but
um that's actually what i think happened i was checking that activity so i think i bought like
fourth off the floor um but i did find one that it had only sold once um and like today so it did
look like bot activity might be the the thing to look for
yeah i'm gonna keep an eye on this and see uh what kind of uh uh i saw someone who bought from
not bot hodler and uh and did that too so uh i'm sure that that was a good a good buy by
uh that person as well so no it's a um you know, unless that was you, Britt, 26 minutes ago, who knows?
But I'm looking around at,
I'm looking around at these for sure.
Now you got my eyes opened here.
And also again, like we thought that these assets
were going to cook on the abstract drop.
And so again, not like saying like
anybody should be buying here.
We don't know what's going to happen,
but man, it's like the abstract drop still has yet to come come and we still have a long way to go on this thing and
there's still a great community and great assets so i just i don't know it's a um it's it's that i
can't i like that's a that's a big win brit picked up right there with the uh with the buy off the
floor and getting the allocation and um having that for the futures is pretty awesome.
I mean,
she basically paid for that almost,
almost paid for that little pudgy with the airdrop.
She just got from it.
Right.
It's like,
it's like free little pudgy,
which is a good place to be in this world.
Free little pudgy.
So no,
congrats on that Brit.
I mean,
I guess like,
you know,
a message there is, Hey, like keep an eye out there.
And if there's a, if you see the opportunity,
if there's a way to do it,
or if anybody has a third party checker,
see what you can figure that,
see if you can figure that out.
But great, good story there.
Yeah, congrats, big win.
That's, results atypical, probably unlikely,
but certainly if you're selling, please make sure you do your claim before you sell if you're going to list it at the floor.
Steve, there was probably a few other things that we could get into today, but it is a Pingu day and everything else will still be here for us tomorrow, including hopefully $108,000 Bitcoin. Just incredible.
I don't know how high we can go, but you absolutely love to see it or how quickly,
how high we go. We have massive day in the majors. And last but not least, I'll call attention to
our guy Von Fronten posted the tweet up top. It says, the playbook the Pudgy Penguins team
executed with Pingu is a masterclass in community building. They've rewarded their holders. They've
rewarded people active in the ecosystem. They've rewarded people in the overall ecosystem.
It's ultimate PVE, proud to be a part of the huddle. And I think that pretty much summarizes my feelings in terms of, it's just the easiest
comparison because no one would argue that the apes captured the zeitgeist of last cycle,
I believe. And I don't hold pudgies, I'm deep in the ape ecosystem. They're capturing that
zeitgeist now and part of it is rewarding the community. Last cycle, how many times do we hear never fade Yuga, never fade Yuga, because they continually rewarded their holders.
Not that they haven't rewarded their holders previously, this was obviously the first big
major reward. And I don't think it'll be the last. And I think one of the things that I'm hopeful,
I'm optimistic that we'll see as part of this playbook
is it's not just rewarding their holders, but it's also not a engagement farm farm, right? It's not
farming just to spam socials, rather how they rewarded the Web3 community at large, the active
participants in this space. From everything I've heard, And I don't even know all the ones I'm sure there's probably
going to be more that come out today that we hear all this, these people got rewarded because they
did this or this action on chain. I just, I'm really excited about where this might take the,
I don't even want to call it a farm because it's not like, I don't, I don't, I didn't feel
like I farmed any of this. Like the only thing I did here, like action I took specifically for this,
this claim today, Steve, is I filled out one form in discord. You know, I had that, I had the, the,
the Chad role because of my ape and other assets. And, and I filled out the form. That's the only
action I took. I don't view
that as a farm. That was just giving him my information to make sure. I think that is
more than fair. I said it a few times too. Prior to this, the two big hyped airtrops,
first was Hyperliquid and then Magic Eden. Not knocking Magic Eden, but that claim process was
very convoluted. It was very complicated.
And it was a lot of work. And now you could say, oh, you should have to do work to claim a four or five, six figure airdrop. Sure, I guess, but it's not really an airdrop at that point.
It's a claim that requires a lot of actions and downloading apps. And whereas this was very light activity
you could have taken for things like an extra role,
that elite chat role.
But for the most part, a lot of these perks,
and I hear the viewers said,
oh, we'd love some,
would've been great to have some more transparency
around what actually was getting rewarded
or what you might be eligible to claim for.
Maybe, I don't know.
I'd have to put some more thought to that. I actually think, I think it's fine how they did
it. And I almost might prefer it this way because I think it even further mitigates farming activity.
Right? It's like they rewarded people that they felt have been active participants in the ecosystem at large, in crypto at large, individuals that they would like to bring them into their larger community, into their huddle, if you will, setting up for their plans on Abstract.
The 7 million wallets that we've heard, I don't know if that's a high number, a low number, like it's the optimal number in terms of like moving forward.
But for me, more so than the number of wallets, I think, again, is how they did it.
And this rewarding community as being a big pillar in Web3, what Yuga did last cycle with the apes and rewarded those holders time and time again.
And we still get rewarded, right?
Like just this month, anyone that went to ApeFest got an airdrop that more than paid for their ApeFest, most likely.
Their travel to get there.
While that stuff will continue to come, I think the big, and I don't know if I, I still haven't nailed how I want to explain it, but I think the big like aha moment for me, or, you know, what I think will be the, the, the part of the playbook that many look to replicate is it's not just their holders.
They're rewarding. They rewarded the crypto community at large in a material way without doing so at the risk of alienating or upsetting
their holders, right? Like masterful, right? Because maybe I'm just missing that on the
timeline as well, but I haven't seen a single person that's holding a big or a little that's
complaining about other people getting more allocation and they didn't even hold anything,
right? Or, you know. Or just how they structured these
tokenomics in terms of the percentage allocations to allow. Because I think partially why I'm
guessing that you're not seeing the complaining is you have people like CryptoLeon who,
yeah, you got 300,000 Pingu for holding his two little pudgies. You got another almost 600,000
for all the other activity. So it's like everyone had the ability to earn. It wasn't like they were excluded from the other
token buckets if they were a holder of pudgies. But I think it's really well done. And going from
a meta of rewarding your NFT holders to rewarding active participants in crypto and Web3,
some of which hold NFTs as well.
I think this could be a real shift that we see.
I do.
I think it could play out as the meta
for all these future token launches.
Not all, but many of these future token launches,
especially those coming from NFT brands.
Yeah, I mean, I think that's, that's it. It's like, I actually was, it's funny. Like we were
talking about, like, I was thinking about this earlier and I'm like, ah, I wish I knew what I
was getting rewarded for, but like, actually, like, I think to your point, this is exactly
correct. Instead of people having to like, try to deem the system and figure things out,
they simply just, you know, did what they did, you know, figured out, you know, played around
in the ecosystem the way that they normally would and got rewarded accordingly. And I do think that
that is a admirable way of doing it. I actually would, would, would agree with you, you know,
overall when I think about it, because look, I mean, it's a,
you know, we like,
how do I say it?
It's sort of like the way that you're saying it
where it's like, instead of me hearing that like,
you know, meme land is going to be rewarded
so somebody buys,
it's almost goes to what Shiv said earlier
to some degree where it's like,
instead of going and buying memes,
staking it, connecting that stake, staking wallet to the site, getting on that site,
hoping that that site ultimately ends up getting me, you know, some sort of pangu airdrop,
then dumping my meme. And I think that's kind of what he was saying with the pangu earlier,
is like, he's not really trying to put himself in a position where he,
he like, where like people are buying penguins, claiming and and dumping because that's not what they want it to be.
And I think it's actually a very fair perspective.
By the way, the way he answered that so quickly to Joey also tells me that they've thought about this and had this discussion.
It wasn't just like, hey, that's a great question.
Why don't we have a claim?
Let me bring it back to the team.
He immediately had a perspective on it.
And whether people agree with it or not, that immediate perspective he had is fair.
You know, one way or another, it's fair.
And I don't fully disagree with it, right?
It's like, I think that there's, you know,
something to be said about token checkers,
but I don't think there's something to be said
about not having token checkers, right?
And so the way he put that, I thought was totally fair.
Appreciated that thought process.
And I think really similarly,
if we knew what we were getting allocated for here,
people would have been scrambling,
and there would have been a million,
like the threads which are like,
are you maximizing your blast airdrop?
Here's how you should do it.
I think, to your point though,
I think pre-announcing would have created
like unrealistic farming, et cetera,
but I think once you do your claim,
understanding what was included in case
something got missed i don't maybe i don't know maybe you're right forget it no i think that
that's a fair perspective where it's like once you have it claimed i get it um but i i also
like i think that that's fair for sure i'm more kind of like looking at it as you know pre-claim
type stuff where it's like,
instead of a giant farm that we were all working on here, we ended up with, you know,
oh, I got rewarded for various things.
Now, knowing what those were to your point would be nice.
But yeah, it's a big day, big day.
So I, no, appreciate Pudgy for today and everything everyone's doing here.
I'm not, again, I have not claimed yet.
I have bought a couple of soul here and there at the current market cap.
I have not deployed all my dry powder in case we continue to see that dip keep on dipping.
So I'm keeping an eye on that as well.
But at least at the moment, I don't know, I'm seeing it.
I also don't see the abstract wallet creation
so i need to find where that is as well i was looking for that too i put something in the
war room if anybody knew where it was i can't find it either it's i think it's probably maybe
after you claim um at the same time as your claim so it's probably after the claim um
so i need to uh i need to i need to make sure I'm doing that.
Nifty Island Twitter is hacked.
Don't click links.
Oof.
That one's rough.
Yeah, I don't know.
I'm going to wait on claiming this.
Like I said, I'm buying, keeping an eye on the price.
You know, pay attention.
And again, I think one of the important things to understand
is going through the official Pudgy Penguins, you know, account, making sure you're using their correct links and everything.
Even if you own no assets.
Based on what they've told us today and based on these OG solo users, all these other it's I mean, there's a good chance it is worth your while to claim.
It is worth your while to look at the site
and see if you're going to get anything.
Like, you may not,
but it's also not the worst idea.
Like, there's really no downside, I guess,
to looking at this at this point.
You know, so I guess, like, to me, like,
don't fade,
like connecting to that site.
If it's a,
you know,
going specifically,
obviously again,
specifically through that site.
but at least at the moment for me,
as I look at this thing,
and yeah,
we're down to 3.3 on the market cap.
if you're going through,
there's no reason not to connect and check.
Cause if you're an OG
soul user, OG ETH user, you may
get a claim without even realizing it.
Worth checking if you're out there
is what I would
say. Kramer, go ahead
and get in here.
And that was interesting.
That was actually a real life kramer move uh
went to kramer kramer jumped um a few more people cap i'll let you go to hands i'm checking on a
couple things in the moment so i'll let you hit hands as people go through uh and then i probably
will need to run out of here by 11 if we keep going too much longer but yeah we'll wind down
here soon let's go cast cast gm thanks for jumping up. GM everyone. Super exciting day.
I just wanted to respond quickly to Joey's point on transparency and how
sometimes it's like, Hey,
I don't know why I got this or why I didn't get this.
I think that in my experience,
some of the tokenomics are vague to kind of prevent from people farming.
So if it's like, hey, I like,
I see that you have, like, if it was really blatant, like, hey, you need this much mog,
people would just go and buy a bunch of mog, or they would buy all these different things.
You'll just have like a pandemonium of everyone trying to, you know, buy a little pudgy. And
that's kind of already happening for the things you do know, like a pudgy, a little pudgy and that that's kind of already happening for the things you do know like a pudgy a little pudgy a quirkies right these certain partnerships and so they want you to know
those things specifically so you can buy those team assets but the other things are kind of vague
for that purpose so that you're not farming and so that you're supporting the ecosystem pieces that
they want you to and then at the same time you still get rewarded for being a, you know, air quote, OG salon holder, OG mog holder, or OG ETH holder.
So it's kind of done that way on purpose was kind of my point I wanted to bring up.
Yep. Nope. A hundred percent agreed. I appreciate it because it didn't feel like a farm and had all
this been out, it would have certainly been farmed um you know to joey's point of after the fact to
you know i you know no issue with that but i think part of it is um i mean you could see it all in the
timeline i guess it's just you know you want to make sure you're checking all of your wallets to
make sure you're getting anything you're eligible for and steve i just saw a post from Raheem, that little pudgy layer zero bridge,
that soulbound token.
I'm guessing that's what Dawn did.
Yeah, that's what she did.
Yep.
Yeah, so that was 100k Pingu per soulbound token on that one.
So yeah, that was the alpha.
That was a great move again.
I only got like 9k for my bridged soulbound token.
She got a ton more.
Did she do it across multiple chains?
I think so.
Yeah, I only bridged to one chain.
That's why.
Oof.
In hindsight, I could have bridged to like four chains.
That was not smart
Yeah
We'll go, I know we're winding down here
Steve's got some moves to make
So we'll go Kramer real quick, we'll deal with Mike check
And then we'll let Wisdom get in here
And then we'll wrap things up today
Kramer, are you with us this time?
Check, check
Hey, thanks for having me
Hopefully I don't get rugged
Just wanted to say thanks for the daily shows.
You guys are killing it.
Outside of that, the airdrop I surprisingly got.
I've never interacted with anything pudgy on my wallets.
So make sure you go and claim.
And I don't think anyone said this yet, but it says it on the claim.
Make sure that you do it on desktop if you have the ability
because on mobile it's being a little finicky.
I'm still trying to get everything linked up so I can actually rescue my Pangu.
Then lastly, I don't know if you guys have time for it.
I came across one the other day when I was in, I believe, Target, surprisingly, and I went wild.
I had to go run over and get it.
And my wife thought I was crazy,
took it home,
scanned it.
And I guess I got some rare,
but I wasn't sure if anyone has any more info on that,
if that's going to be associated with Tango down the line.
It will be,
but it will not happen until abstract goes live.
I don't know the details.
as Steve mentioned,
Luca,
unfortunately had, had to hit a curve ball and, and knocked don't know the details. As Steve mentioned, Luca, unfortunately, had to hit
a curveball and knocked it out of the park, but unfortunately, we had to postpone his visit with
us today. So that'll be one question we ask, if we can get details, but I think it actually came
from Luca that he mentioned there will be Pingu associated with the toys.
It's just, it will not,
those claims will not take place
until Abstract Chain goes live.
So unless, Steve,
unless you caught any more details on that,
I think that's all we know for now
is any of the, you know,
the physical claims are, you know,
they're not available until Abstract goes live.
Yeah, that's what I've been told as well.
Pudgy World is going to migrate to Abstract,
and when Pudgy World migrates to Abstract,
all of those redemptions you have will then be on Abstract,
and then you'll be able to do the physical claim.
Your physical claims will then turn into Pengu for you.
Yeah, so
just don't rush out if you see anything related to the
toys, nothing related to the toys.
Don't rush to anything today.
Be extra careful. I mean, please don't
click any links from Nifty Island.
It's
there's always hackers, there's always scammers.
They come out
in exponential
numbers when there is hyped claims claims when there is hyped anything like
this they know there is a certain level of of there's a sense of urgency there's there's you
know a level of euphoria in the space these are like a day like today is is likely a scammers
like it's their christmas morning you know it's their it's their Christmas morning. It's their Super Bowl. They attack
situations like this and any claim, especially one that's this hype, this large, it's a massive
attack vector. And I don't say this to scare anyone. It's just we're seeing it happen in
real time with Nifty Island right now and how these hackers are doing it.
Again, I don't I'm hesitant to even refer anyone to the Nifty Island account because I don't want you to make you have an accident over there.
But they were quote tweeting other other legitimate tweets like they've they've hacked the account and they're making it appear as if it's a it's it's just the Nifty Island team because they're excited about launch day.
So it's just like they're really...
And when we say, hey, make sure you check the official accounts, don't click any bad links.
Well, here's one where it's actually the official account that's sending out those bad links because it's been compromised.
So just sometimes it's best to not be first mover.
Take your time, take a deep breath.
And just before you sign anything, before you click any of these links, maybe verify a couple of sources first. And, you know, and please do have Harpy or some tool on
your computer protecting your wallets and not just your wallets, but also helping mitigate you
clicking even an efficient link. So just, I don't want to end it on a bad note there, but it's to see this happen in Nifty Island in real time is, yeah, that, you know, hopefully no one out, you know, has been impacted too bad by that.
But unfortunately, you know, for as the market starts heating up and we're excited about token season, it's also become scammer season.
Yeah, for sure um also uh i may have found a uh
some alpha to finding an unclaimed little pudgy so i will see if i'm if i'm gonna make a big
mistake here or not i figure i can always sell it again if i if i decide that i i change my mind
based on where the floor is and everything uh low risk high upside so i think i'm gonna give I'm going to give, uh, I think I might've found one that I might be able
to sneak past the goalie here in a second.
So we're going to see, uh, I need to move a little bit of ETH around and bridge some
ETH, but we'll see if I, uh, if I have any luck there.
Um, but, uh, look, that's, I mean, that would be a hell of a deal, but look, that said,
um, I don't know.
I see Luke coming up cap as well.
So we can see if we can tire into there.
But I think we're having some connectivity issues, potentially,
that is messing with us here.
I don't know if we're having that.
But Luke, I don't know if you're up here or not,
but double-check if you are up here with us.
But perhaps, no, maybe, yes, nope.
Looks like no luck on that.
I don't know.
That said, Cap, I'm like, again,
I got a couple things I got to get hitting on today.
So I think probably good a time as any to wrap it up.
Again, good day, man.
Good day going from, you know,
seeing people making money,
seeing people, you know, cashing checks.
That, to me, is fun.
That, to me, gets me excited.
So that, to me, is like kind of the thing that makes me happy
is I like to see people winning in the space.
So congratulations to all those who are getting those,
booking those wins today.
Excited for y'all to, I don't know, continue to,
continue to book those wins,
continue to, you know, continue to, you know,
airdrop season has only just begun, my friend.
So, you know, it seems like we've got this.
We've got potential, you know, Mintify coming up, obviously.
We've got a potential OpenSeat drop coming up.
You know, people are speculating about doodles we've been hearing in the chat now.
So I think lots of things coming through
as we start to do this thing.
Any other parting thoughts before we get out of here?
Just second all that.
Love to see the wins.
Congratulations to everyone booking a big win
or setting up a big win for whenever they do book it.
I'd love to see all the wins.
Personally, I'm a much bigger cheerleader and I get euphoric for others when
they win big like this, when it's their conviction and their support and their participation is being
rewarded. To me, this, it just hits different than someone catching the meme coin runner of the month
and turning a couple soul into hundreds or thousands of soul.
That's awesome as well.
And I'm also happy for those people.
But these wins where community is being rewarded because they supported,
they helped grow a brand, they've been brand advocates,
they've been brand advocates. They've been participatory. This, to me, Steve,
this defines Web3. This is what got me so excited about this space and has much more so than just
purely the raw financial flip, the win that came off of, oh, I bought something. I'm a good trader. Like this, it really does,
like tugs on all my heartstrings.
And I'm really excited for everyone
who got these wins.
I'm also really excited for the team
and in the space.
I think this is a big win for Web3.
And we now have a new playbook.
Like this rewarding,
not just your holders,
but doing so in a tap of a way
that rewards the community at large.
I think this is pretty special and grateful to be here.
Yeah, and Cap, I know we're not talking about the financial thing.
You had this big sentimental thing,
but guess who just found a little pudgy that had an unclaimed,
that was unclaimed and just doubled his claim number.
So may want to check the war room not
financial advice but i just replied to something uh from a who else fucking who else but tebow
uh replied to a thing from tebow who put some alpha in the war room that i saw uh took action
on it was very careful in making sure i followed the trail there got a little pudgy i was already
thinking again i was thinking about getting the second little pudgy yesterday and a couple days ago when they were like 3.5 uh one point i think
uh 85 is what i paid um you know with with quite a bit of liquid but now have doubled my airdrop so
uh that was a nice little uh nice little victory so who else but tebow this is the least surprising
thing ever that he would know a way to not with
certainty,
know if there was a claim there,
but with some level of understanding that there would be a claim there.
Man,
it is like the happy,
happy Gilmore when he's like,
man,
am I glad I called that guy?
Glad I started hanging out with Tebow like 25 years ago because it is paying
off.
If nothing else,
he's, he's paid me off like something like, I don't know, $500, uh, because it is paying off. Uh, if nothing else, he's, uh,
he's paid me off like something like, I don't know, $500 a year or whatever it was. If you
count on this airdrop piece. So worked out well, but cool alpha in there that you've got,
if you're in the DJ network, not financial advice, cause this could be wrong. Like I
was very careful in my thinking and I studied the wallet that it came from, but, um, had a really,
really good piece of alpha there as far as like trying to find that. So on the financial aspect, um, just doubled my airdrop.
Um, that said, yeah, let's let everyone sell from the day.
I'm feeling frigging rushed right now because I made that purchase.
It's as large of a purchase about as I've ever made.
Um, and, uh, and I'm sitting there going to the checker.
I'm like, what if it isn't right?
And we're good.
So, uh, feels good, man.
Um, that said, let's let everyone sail off into their day.
See if we can get Luca back on here scheduled.
Obviously, understandably busy day that he had going on in the background.
Thanks to Shiv for coming on and from the team
and giving us a little bit of love in the space in between.
Exciting day for the space.
We're just getting started here.
This is the beginning of what seems like a really, really cool bull market for everybody.
So we'll let everybody sail off another day.
Thanks to everyone who joined us today.
We'll talk to everybody bright and early tomorrow morning at 8 a.m. Eastern time.
Have a wonderful, wonderful day, everybody.
Thanks for tuning into Coffee with Captain.
Steve's no longer sad for those keeping score at home.
And remember, nothing we discussed today is financial advice.
Until next time, keep exploring, stay curious, and we'll see you soon. Have a great day.
