KOOK VS SAGA PHONE RUG πŸ’©

Recorded: Dec. 22, 2023 Duration: 1:31:51
Space Recording

Full Transcription

And I was focusing on like the weird ones, right?
Like you want the ones that don't look like any other ones if you know how to buy NFTs.
I mean, I got smoked on NFTs, lost a lot of money, but definitely you want to buy the
weird ones that look fucking weird.
And that's the only one that looks like that.
That's for sure.
Mine's also weird.
I still have one left.
It's the left facing one.
There's only one left facing one.
Um, so yeah, cool.
Fuck Grail, bro.
Nice to see you.
I'm going to get this other guy up here.
Phantom with a Batman mask on.
I feel like that could be a shit coin.
Um, how are you doing, boot?
GM, I'm good.
I'm good, dude.
This time zone sucks though.
Like, it's like, what is it?
Nine o'clock for me now.
And it's like, oh, I guess the end of the day and then I have to do spaces and talk about
it, which I like.
I think spaces are good to do.
But it was so much easier when we're just in Europe and just like go chill at yours
and then just jump on a space and stuff like that.
Um, but yeah, um, I like spaces at the beginning of the day, but the, the shit thing about
that, well, it's not shit, but I never know what's going on.
Cause I wake up like 45 minutes before spaces and like by the time I get my shit together,
I kind of just jump on here and then I'm like, oh, what's going on in crypto.
And this is how I find out partly, but most of my info that I'm thinking about is going
to be from yesterday.
I guess you're like a day ahead of me.
So maybe it's good.
End of the day.
I don't know.
You like, what's going on today?
I mean, the only thing I really saw was like the Solana, uh, phones, not being shipped
to people who order duplicates and then, yeah, fuck these guys, bro.
I didn't even know.
They're not even shipping them to me, dude.
They canceled your shipping.
Fuck duplicates.
I don't know.
They didn't say it's Solana scam chain rug devs, bro.
Like they'll rug you on anything over here.
No explanation.
Your order, your order has been canceled.
Your order was canceled on December 21st.
Contact us if you have questions.
Yeah, I have a question.
Why the fuck was my order canceled?
You called it though.
Yeah, they rugged me.
You called it all the time.
It's Solana.
Probably too much, too much demand.
Yeah, but I don't understand.
You know how many phones you have?
Why the fuck are you still taking orders?
Like it's Solana.
Like it's scam chain rug devs.
That's it.
It's physical rugs.
They've expanded into physical rugs now.
I don't actually care that much.
I see your opinion on it.
I think Ethereum will pump soon though.
Don't worry.
I don't understand.
We're talking about the phone.
I probably have 10 times as much Solana as you, by the way.
I know you do.
I'm playing with you.
All this chain maxi stuff.
Yeah, you're going to get, you start talking chain maxi.
Like I don't care if you guys want to argue like this chain maxi fucking retard IQ shit.
But the second you start calling me a chain maxi, I'll start, I'll show you bags of chains
you've never even fucking heard about that are going to 10X.
And then you'll buy them.
I just think when I attack someone's ego, the conversation comes more interesting and
more fun, you know?
Yeah, sure.
Do that halfway through.
None of us stop, bro.
You got to lean into that.
Like, you know what I mean?
Like you got to, yeah.
None of the fucking stuff out of the show is too much for that.
We're trying to wind up.
Chain maxi to me.
Yeah, fuck.
Anyways, so they canceled my phone.
I'm not actually that pissed because obviously the Jupiter airdrop I made up is fake.
But I actually think that, well, now I'm not going to talk about it anymore.
I have no incentive to get all the boys at Jupiter airdrop if I'm not included, the phone.
So fuck Jupiter.
Well, no, not fuck Jupiter.
I think they'll probably still airdrop the phone a small amount.
It will be because of me.
But I'm going to take the foot off the gas.
I don't care.
I'm not talking about that shit anymore.
If I don't have skin in the game with the phone.
Now the phone's a piece of shit.
You feel me?
Do you reckon there's going to be like Avalanche phone, 5,000 Cosmos ecosystem phones?
Like this shit is a precedent, right?
Like, and they're probably going to be way more expensive.
But like for real, like, why wouldn't you do this as a chain?
Like, I feel like Avalanche is such a fucking old school piece of shit.
And I don't know what kind of technology they even have in Turkey.
So they're probably going to release a pager or some shit.
Maybe like a two-way sidekick.
Yeah, that was a good one, right?
No, but seriously, I don't know.
If other chains start releasing phones, I don't know.
I actually do think the Solana phone's a good idea.
I did think it was a good idea when they came up with it.
But then I thought it was way too expensive because no one's going to pay iPhone prices
for some piece of shit phone.
Especially when like, yeah, crypto when they released it is like a bad word to people, right?
But now that it's cheap, they could probably get people to FOMO into it like me if they
actually had as many as they thought they had.
So they should learn how to fucking do inventory.
Yeah, there's something weird with that.
Like, because like the ability to profit off those phones is too big.
So it's like if I was a distributor, I'd be like, oh, yeah, yeah, we ship them or whatever.
And then just like you resell them on the Chinese market for 10x the cost or something.
I want to know how many get canceled because I bet you they knew they didn't have enough
and they were just taking orders, getting people to FOMO because of the bonk pump.
Because the whole selling point of like the sellout of the phone, like everybody FOMO the
last two days and it was all because of the bonk pump.
I think the whole thing's fucking coordinated, bro.
I don't think they had those phones.
So they actually took your money?
Well, they took the amount on my credit card in like the authorized amount, but now it'll
So I don't know.
I think they just they undervalued the amount of demand they have.
But the thing is, if you know how many phones you have, then why are you confirming orders
and then canceling them like a week and a half later?
What if they just started opening phones when the bonk airdrop was worth more than the phone?
Maybe they just started opening fucking phones and were like, oh, yeah, we just sold too many.
And they're just back there selling coins.
I don't know.
I don't know what happened, but I think maybe they wanted to use the money for some development
or something and they just give it back.
I don't know.
Or double the money.
No, you can cancel it.
If you're if you're like a reseller or whatever, a wholesaler, you cancel the order, then you
use the phones and access the whatever the tokens on there that are worth more than the
phone and then you just purchase it yourself.
Because you can just cancel the purchase refund and purchase it yourself.
So like, yeah, like I would do that if I was there, like for sure.
A hundred percent.
But like that's that's like way too nefarious, though.
I think I think all that happened is they're like, oh, fuck, bonk's pumping.
The phone has free bonk.
This is marketing.
Like, let's spin up this frenzy wave and get everyone to order the phones.
It was all people were talking about on Twitter for like four or five days.
It would be really easy to just take a bunch of orders for phones you don't have and then
be like, oh, sorry.
Like, I think that's what that's what I would do, because then you're not pulling these
weird tricks where you're like opening your own phones and taking bonk or whatever.
That would have to be like rogue employees, but do you know anyone that received the
No, I'm seeing.
Well, yeah, I know people that have the phone for sure, but I don't know anyone that received
it that like FOMO'd into the last like week of ordering.
And I do know a bunch of people now.
Well, not a bunch, but I've seen on the timeline more and more people being like, oh, my phone
got canceled.
Jakey, when I got up, I see Jakey has a post on the timeline where he's like, oh, I'm
sorry that so many phones are being canceled.
I didn't know, like whatever.
Obviously, he didn't know.
Like, it's not Jakey's Jakey's my homie, fellow Canadian.
But yeah, I mean, these guys, right, that were like he had a little Solana code and he's
like, oh, yeah, what are the phone?
Like, I think the foundation or whoever Solana mobile is going to these guys and they're
like, push the phone, push the phone.
They get all these orders.
It's all coordinated with the bonk pump and they know they don't have the phones, right?
Like, I would do that.
It's marketing.
So I think that's what happened.
That makes sense.
We got nobody's into the marketing trap.
That makes sense.
It's going to make it to Australia.
Absolutely.
This is the last destination they want to sell this shit to.
Bro, your order's going to get canceled.
It's still a confirmed debut, but not, yeah, you're going to get the same thing as me.
It's going to get canceled 100%.
What doesn't make sense is, let's say they don't have the phones and you know people
that receive the phone.
How long do you think it takes them to manufacture them?
Can't they just start running manufacturing for it?
I don't even know if it's about the physical phone.
I think it's just about like the fact that I think now I'm coming around to Coop's thesis
that like from a marketing perspective, it's great to sell this out and push attention
to shit that's going on in Solana and like, you know, in the ecosystem, right?
Because a sold out frenzied last minute pump makes everybody talk about Solana.
We're talking about it fucking now and the phones got canceled.
So like, it's almost like a negative marketing spin.
So they probably had X amount and they're like, let's just say we have, you know, a surplus
So then you get, then like, I mean, if you're actually, as a marketing person, like, yeah,
you over allocate the buys and then win-win because if people don't like push for the
refund or something, or if it's not automatically refunded, maybe you get to keep more money.
But then you create negative press around this to make people talk about Solana.
But then people who got the phone also talk about Solana, right?
So it's like, like, it's kind of actually a good move because like they can't lose.
It drives a lot of attention to the change, right?
Controversy.
And also, um, what's it called?
What was I going to say?
It seems like they don't really care about selling that many phones in the first place.
It's like you're saying, it was just a marketing move.
Well, it's not a high profit move for them, right?
What is it?
20,000 phones at 600 US dollars a piece?
I don't know what the math on that is.
But like, if you have an infinite money machine with imaginary, imaginary fucking internet
money, like, what does that mean?
Like, this is the whole thing of these guys who run these chains.
Like, I mean, in that tweet, the Avalanche founder was like, yeah, like, you know, $3 million is not a lot of money.
And like, he means it.
Like, that's his pocket change, which he has in the hot wallet, right?
But like, how much did selling these phones make in total?
Like, fuck all, right?
Cost of production, shipping, all this kind of stuff, marketing, advertising.
Like, what's the net profit per phone, right?
It's marketing spend.
That's all it is.
So like, I don't think it's about anything to do with cost.
I think it's like, probably testing the waters of a product to roll out the idea of like a physical connection to the Solana ecosystem and test how that goes and see demand, right?
As a marketing spend.
But as precedent now, like, this has shown all other chains that that shit is popular and that shit can work from a pure kind of Ponzi-nomics kind of like flywheel thing.
Like, the exclusivity of having a phone that receives certain things associated with the chain that nobody else can get.
I think it's kind of cool because it's going to make people constantly talk about it as long as they can provide value, which they will because they just pump the shit out of whatever's going on that phone.
And, like, yeah, so I think we'll see more of this stuff.
It also creates, sorry to cut you off, but I feel like it also creates a narrative that compares, makes them seem like competition to Apple because everyone's been comparing them to Apple since the start.
And if you look at Apple, what?
What are you saying?
But it's like, so like, from a product experience, do you really think the Solana piece of shit phone that is made in Guangzhou is going to be as good as the nacho?
But people will fall for the narrative, like, oh, Apple's at $3 trillion.
That's why people still believe that Solana can flip Ethereum, you know?
It's a good mid-curve narrative.
Yeah, you're right.
It is a great mid-curve narrative.
What do you think about what's happening in the meme coin area with Solana?
I mean, dude, like, I'm not, like, KOOK knows me.
I have not hate watched Solana.
I just never got into the ecosystem.
So, KOOK is a much better person to answer that question.
I love the Solana shitters, bro.
I really love them.
I can tell you're probably releasing one because you got Phantom with a Batman logo.
I think that, yeah, some kind of Phantom Ghost Batman 69 Inu 10X, like, Hunter Biden coin would KOOK.
So, you should probably give me an hour.
The idiots are buying everything, man.
We just ape tickers.
Like, when I say the idiots, I'm included.
I ape tickers, something less than 10 minutes old.
I like the best.
I look at the name.
Take some profits on a pump.
Almost every time, these stupid things pump, bro.
A lot of them get rugged.
But, yeah, I'm having a lot of fun with the Solana shitters.
That's the most thing I hate is the rugs, man.
It just destroys the reputation on Solana.
It really does.
What do you mean, bro?
They're rugging us every way they can.
They rugged the phone fucking an hour ago, dude.
Like, Solana's a rug chain.
It's always getting a rug chain.
Like, straight up, it is starting to get that fucking narrative coming towards it.
And I fucking hate it, man.
Because they actually have a smooth chain.
It's cheap.
It's fast.
So, they have to figure something out when it comes to rug posts.
They really do.
I think you just have to approach Solana way more cautiously.
Like, I've been on Solana for a really long time.
This isn't some, like, tourist thing where I'm coming over trying to figure it out.
Like, all these BAYCs and MAYCs are going to get fucking rugged, bro, this week.
That's just the environment, man.
Like, Solana, I don't know what it is.
You know how, I don't know where you're from.
This is going to sound pseudo-racist, but it's also true.
And I'm going to say it.
I don't give a fuck.
But I'm from Canada.
So, if you're from, like, a, I don't know, G12 developed nation.
I'm from Canada, too.
So, you know, you don't grow up with a lot of scams, right?
Like, it's not.
And then you start going on, like, you start going on vacation.
I don't know.
Go to, like, fucking Thailand or, like, one of these places.
Like, go to, like, the second, third world.
And, like, the street level scams.
But, you know, well, Philippines, yeah.
Take that.
Egypt, wherever the fuck, right?
The street level scams from, like, dudes that can't read.
Like, can't read, can't write, illiterate, whatever.
But they're, like, the ultimate scam brain hustlers.
Like, they're just, like, hustler mind.
I know what you mean.
Like, you can't beat these guys sitting down there running the fucking thing 24-7.
Well, they just, they got clever scams, right?
And so, you got, like, yeah, you got people that are from, like, the hustlers environment.
Like, Solana's so cheap, so fast.
Like, you can go in with three bucks and, like, flip it into 3,000.
Or, like, deploy a contract and rug everyone 50 times a day.
It's a lot easier on sold.
It takes no capital.
And so, yeah, you just have different, a different user base and, like, a different kind of, like, you basically have more inherent scammers on the cheap chains.
And, like, also when liquidity is there, right, when Solana's pumping and there's all this attention on it, you've got the best crypto scammers from elsewhere just follow the money.
Like, they're just going to go start scamming wherever the attention is.
So, Solana's already inherently good for scams is what I'm trying to say.
And then when it's pumping, everyone in crypto goes and scams where the money is.
So, Solana will remain dangerous.
Like, if you're going to go take a tour there, you've got to know Solana really is the rug chain.
Like, that's not just a joke.
I don't disagree.
I really do not disagree.
But I feel like it's on you as an investor to figure that out.
There's ways to know if it's a rug or not.
Like, look at WIF, for example.
Well, I'm not, so I'm not actually saying, like, I love Solana.
And I'm actually spending most of my activity right now is on Solana.
Because I think the shitcoin environment is fucking awesome.
And it's going to keep pumping.
But it's, like, crazy Wild West shitcoining, right?
Like, lots of rugs, everything else.
But, yeah, like, I love Solana.
I don't mind this rug shit.
You just have to have your head on a swivel.
Like, you've got to be smart.
Solana also has the most drainers.
That's what you've really got to watch out for on Solana.
You've got to use a burner wallet.
Sorry, a burner wallet every single time.
No matter what.
Use a burner wallet?
Yeah, like, don't be connecting to sites or minting stuff that, like, yeah, on a wallet that has actual stuff in it.
I don't even like doing any of this stuff.
I don't even put in the effort to go for airdrops, really, because of this stuff.
I just trade, you know?
Buy, sell.
That's it.
Yeah, fuck.
So, what else is going on?
We've got a couple speakers up here.
Sammy, Dubzy, nice to see you back.
Appreciate the gun.
About, by the way, the profile picture, that's a ghost with hat.
It's a coin on, it's a meme coin on Solana.
Phantom posted them.
I think this is a 100x safe one.
Yeah, safe.
I'm not going to buy it because I didn't buy it already.
I think I have 15.
Let me check.
I'm going to tell you how many open Solana positions I have.
That's not so bad.
I usually don't sell, like, I never sell dust because sometimes these dead zombie coins come back in, like, 30x.
So, yeah, I got 12 open ones.
I do not have dog, or sorry, whatever the fuck, ghost with hat.
Jeff, it's Jeff.
It's not my coin, by the way.
Yeah, sure it isn't.
I swear to you, bro.
I wish it was my coin.
Let's just go around and say hello.
Yeah, let's move it along.
Yeah, yeah.
Hey, Dubzy, you here in Gageman Farming or are you here to say stuff today?
I came here for a therapy session today.
So I woke up this morning and my mate dropped me some alpha on this meme coin on INJ.
So I lost all my money on that.
And then I got a hot tip on a Solana coin from this guy who is supposed to, like, know what he's doing.
And that also fucking rubbed me.
Now I'm here talking to you.
So it's just a series of losses.
Well, I mean, it's shitter season, right?
Like, this will rotate back.
It's going through multiple chains.
Like, we have more chains now to get rugs on, right?
But ETH is not even the rug chain anymore.
Like, it's like...
Oh, ETH is the safe chain.
Yeah, there's no rugs on ETH now.
Like, yeah.
I feel like ETH is a safe environment with almost no rugs when you compare it to some of the other shit happening out here.
Well, it's because of, like, the...
I was going to say a nation, but, like, you know, we know the type of person that would be pulling these rugs.
Guy with a mustache listens to Game of Thrones music in his evil lair.
And then Transylvania kind of thing.
But, yeah, like, it's too expensive to do rugs on those chains.
But, like, rotating through, like, I think it's risky with all this kind of meme point season.
But, like, if you've got profits, maybe just, like, dude, like, I was like, fuck it.
Like, I'm looking at NFTs.
Like, these quants and shit like that.
I know I've shielded them a lot.
But, like, they kind of sat at the same price.
But INJ pumps, so, like, I'm up, right?
It's like, if I get the token, which I'm going to get the token, 100k per quant max, like, I can make money that way.
It's, like, much less stressful.
I'd rather get rugged on an NFT because it happens slowly over time as opposed to just, like, that instant shock of the rug on the, like, you know, within the two minutes.
So, yeah, maybe, like, start scouting out for those kind of opportunities.
Or even today, like, I just went around and grabbed a bunch of stables.
Because Kook's always giving me shit for having stables because that's pretty gay.
And so, I swapped them into Tia and went around in Celestia.
And I spun up, like, seven wallets today and started staking with, like, delegators there to try and, like, farm airdrop and just farm staking rewards and stuff like that.
So, like, doing, like, the less stressful shit in crypto, I think, after you've been through a rug is probably the way to go.
Because you can get, like, pretty good results with that stuff.
Like, you know, one airdrop, like, done well, you know, 30k, right?
Boom, in your pocket, right?
So, like, I think we overplay the looking for Jenny wealth too often, especially in meme coin season.
But, like, when liquidity starts to rotate out of the big ones, like, you look at Avalanche, like, it's out of Kock.
It's out of, like, Kock went from, what, 300 million back to, like, 150.
If that starts happening, like, in my opinion, like, it means that, like, that chain no longer has a meme coin season.
Like, you have to move to the next narrative chain, which goes to, what, INJ, right?
And then, well, went to Solana, then went to INJ.
And, like, where does it go after that?
Like, we don't have enough chains yet for that to rotate through.
So, it's like, okay, it's probably going to switch to a new map.
Say, by the way, say, might be the next one where meme coins will go.
Well, I saw, Dubs, didn't you mention there was some, you saw some on Polkadot, like, some meme coins on Polkadot, like, yesterday?
Or is that, like, I hope that's, like, a joke.
No, that's real.
It's not out yet.
It's, like, a proper, that'll be a proper coin, man.
Mark my words.
I know it sounds stupid, and Polkadot is hard to use.
What's it called?
Like, Polkadot is dead.
But Polkadot is a shitter in and of itself.
So, how does it have shitters on the chain?
It's on Polkadot.
What the fuck, man?
Hey, look.
Don't shoot the message here.
I'm telling you.
I'm just telling you.
All of Polkadot's money should go into it.
Well, some of Polkadot's money is going into it.
If you want to do shitters, right?
Like, think of this, right?
If you want to do safe shitters, let's call them safe shitters, right?
Go through the Cosmos ecosystem and just back the chains that are there on a thesis that you think is going to make the price go up, right?
For those coins, like, it's going to have, like, the same, it's going to have much less level of risk than a shit coin because, like, you know, there's some functionality to that chain.
Like, yeah, you might buy something that sits at, you know, like, like, that halves will drop 75% and never recovers for, like, five years until they do something, right?
But, like, there's a chance, right?
Whereas, like, if you buy a shitter, it's fucked.
Like, when it's dead, it's dead, right?
So, like, I don't know, like, I'd rather chain, like, chain shop for shitters, so to speak, than just, like, buy a shitter and then get fucking gray hair from, like, fucking chart watching that bullshit, right?
So, yeah, I think there's more upside in kind of, like, learning the chains and learning where the angles are on the chains and stuff like that, especially around, like, just passive rewards.
Because, like, you know, people shit on farmers because they're, like, think it's, like, a factory full of small Vietnamese children.
But, like, if you do farming right, like, you can actually make a bag of money, right?
Like, you can go around and, like, actually make bags, especially on the cheaper chains where you don't have to pay so much money for a transaction.
So, there's definitely an upside to it.
Farming is the way to go, dude.
Like, I gotta say, like, it's not, it's not like this multiple account Indonesian quick farm shit.
Like, sorry about the sirens.
What the fuck?
I live in the ghetto.
But I guess I kind of run a click farm because now I got Waluigi clicking buttons and I'm, like, over her shoulder showing her what to do.
You know the one with, like, the black guy?
Like, he looks like fucking Gervonta Davis, the boxer, but not really.
But he's got the three little kids at the table and he's holding the lap.
Like, it's a meme.
It's the sickest picture, bro.
I gotta find it.
You know, he's, like, holding the laptop and he's, like, looking at what they're doing running this little click farm?
That's like me with Waluigi.
Um, but yeah, no, I mean, so I probably have, like, half a million dollars out at all times farming stuff.
Um, and if I don't get 150k in airdrops, like, from now till next Christmas, I'll be fucking surprised.
Like, that's the smart thing to do.
And you just scale it down or up, whatever you're comfortable with.
And then all this degen shit I'm talking about, it's way less, man.
Like, I ape soul shitters.
I sit there in the chat.
By the way, Dubzy, I have a little, like, private chat on Telegram.
Like, I have the big one, but then I have this little one.
And I started inviting more people.
Someone just requested you.
So I DM'd you a Telegram link.
But anyways, I sit in there.
I got a couple good, like, nerd type guys.
Request me too.
Yeah, well, I don't know about you, man.
I just met you.
This is, like, some exclusive thing.
I'm not trying to be funny.
I'm serious.
Um, but, like, nothing against you.
You can probably get in there.
I've been coming to your calls all the time.
I enjoy talking to you.
And you tell me this, you broke my heart.
Bro, don't take it the wrong way.
There's 20 people in there right now.
Like, I literally just started it.
And I got to just add in the homies.
You can get there.
Don't worry.
You're not off the list.
I hope so.
Yeah, when I ape these soul shitters, like, bro.
So I keep, this is what I do.
I'll tell you the whole thing.
I keep five soul in this Telegram bot wallet.
Always five soul liquid.
And I ape shitters when they get sent.
I like the new contracts.
If I see, like, eight minutes, five minutes, four minutes, that's great.
Again, a lot of these are rugs.
But, like, you look at the name, right?
You got the little Telegram bot.
Look at the name.
Just fire one soul in.
Good name.
And then a lot of times, if you're early, it'll pump two, three times.
Because, yeah, if it's a good name, you know people are going to ape it.
And then they're going to spread it around in other chats.
So, like, I just do that.
Take profit quickly.
If the name's, like, if it's a good name, two soul.
If it's a really good name, like, yeah, five soul.
And I just fuck around like that.
And I take profit really quick.
Anything above five soul that I put in the liquid.
Usually there's about 15 soul in, like, meme coins.
Because I got 12 meme coins.
I never sell everything.
So, like, if I'm going to sell, I'll sell 25%.
Keeps going up.
Goes down 25%.
Take initial.
So, if it moons, like, 10x, I'll sell, like, 75%.
And then I just leave the rest.
And sometimes it just keeps going.
Like, dog with no hat.
Like, I pulled three, four soul out of it, like, five times.
But I don't know.
Like, this isn't, like, investment advice.
I kind of look at it like a casino.
I guess what I'm saying is, like, if you're taking, like, your whole crypto bag and trying
to ape soul shit coins, like, you could have a win, but it's Russian roulette.
Like, that's how you're going to destroy your bag.
Like, that's why I'm, like, five soul lick.
Because then I'm only going to ape one, two.
And that's not, like, bro, that's 100 bucks on a fucking shit coin.
You know what I mean?
Like, that's probably a rug.
Like, so, yeah, I don't know.
That's how I do it.
And I have a lot of fun doing it.
But I treat it, like, literally like gambling.
It's like a casino.
But with an edge.
Because you know, A, I'm probably getting the information not faster than everybody,
but faster than a lot of people.
And then B, I know how to evaluate it quickly.
And that, like, is literally, like, how autistic is this name?
Are the other guys who love this shit going to buy it?
Like, you can make that judgment in one second less.
And so, yeah, I don't know.
I just have fun with the super degen shit.
The real, like, what I'm really focused on is all the farming.
Finding the real opportunities.
Low downside, high upside.
But I think over time, that's how you make money.
Yeah, it is Cosmos for sure.
I got a big bag and it's 95% stake.
And I have, like, 20 INJ or something in a couple wallets that I can fire at shit coins.
I got some Neutron.
Like, the nine chains I own, I've got a few, like, coins just sitting there.
But it's literally, like, 90 to 95% stake.
Dude, yeah, staking, like, what, like, 7,500 bucks a day.
Like, people are like, oh, whatever.
It's like, bro, that's fucking good.
That's, like, 700 bucks a week, you retards.
Like, that's 1,000 Australian dollars.
Like, so, like, these people are, like, fading.
Like, you making, you know, half their salary just by sitting on your ass, like, fucking drinking a beer.
Like, you're smoking a bump, whatever.
But, like, you get the picture.
Whatever international, like, jurisdiction you're in, like, take the thing that you do there and do that, which is the no work option.
But, like, staking is a matter, right?
Like, it's, like, if you have crypto sitting around, like, and this is what you made me realize a lot more, Kug, as well.
It's, like, stake it.
Like, what the fuck is the point?
If you're not going to sell it, like, why are you not leveraging that to make some form of yield?
Again, same shit with the NFTs, right?
If you're holding, like, high value NFTs, like, is there a low risk play with potentially NFT five that you can do to make yield or take a loan against that and make more money?
Because it's, like, if you have built up a bag, just a passive bag that isn't earning any passive yield, it's, like, yeah, sure, when the coin goes up, you'll make money.
Like, in a bull run, you'll still make money.
But the person who, you know, exploits every angle of the bag is going to make, you know, two to three X more than you.
And, like, that's what you've got to realize is, like, you don't need to be fucking aping shitters.
You can just be exploiting all of the options available to you with your bag and making a fucking bag, like, a bigger bag.
So it's, like, do what you can do and learn what you don't know.
And, you know, go and speak to people, like, come to these kind of spaces and, like, ask questions.
Because, like, we've got people up on stage, like Sammy here, who's a fucking cosmos farming expert, right, who can tell you all the angles of that kind of shit.
Or you can go to another space and, again, as we talk about it, learn what color Farouk's shirt was and, you know, did he perm his hair that day?
And who's his new boyfriend, you know?
Like, all of those questions are unimportant to you making money, right?
It should be about, like, what is it about crypto?
What's the angles here?
What are the plays?
Boot, you got it.
Speaking of the plays, that's a good point.
I don't like to have any of my crypto or even NFTs, like, just sitting there.
Like, I really don't like it.
I've got, I guess I got a lot of NFT, not a lot of NFTs, but, like, the ones I still have, like, the NFTs I kept are basically, like, the grails I like that I won't sell.
So I don't, like, stake them or put them anywhere or do much NFT-fi stuff.
But when it comes to, like, everything but Bitcoin, I never really have crypto just sitting there, bro.
Like, Sol, I have it all ponzi'd up on different schemes, providing liquidity, borrowing, doing all this shit.
The ratios are really, like, in line.
It's netting positive APY.
But, like, yeah, dude, I want my crypto, like, working for me a bit because the yields are so high all over the place.
And even NFTs, yeah, like, I used to, when I had way more NFTs, they were all on NFT-fi protocols.
I'm lending against them.
The only one I let mostly sit there is Bitcoin.
Like, most of my Bitcoin is just sitting on a ledger and I don't touch it.
But I think maybe 20% of it is, no, maybe 15% of it, I'm lending on Liquidium.
Like, just lending, lending, lending, building points.
Like, you can do that on Bitcoin now.
I won't do the whole bag.
You got to be, like, a little careful.
But, yeah, dude, I got one of my friends.
Yeah, this guy made, like, $2 million in the last month.
And he doesn't stake it, dude, nothing.
Just native coins thrown away on, like, a cold wallet.
That's it.
And that's cool.
Like, that's less risk.
With any of this farming stuff, you've got, like, a protocol risk.
Like, you hear about protocols getting hacked, right, and everything getting stolen.
So, like, maybe with MarginFi as an example, I take Sol, I stake it for B-Sol, I take the B-Sol, I lend it on MarginFi, I borrow Gito against it, and then I swap it for B-Sol and I lend that B-Sol.
So, the risks would be, it's, like, Sol price risk is the real risk, but the borrow and the lend are going to move in the same direction, so you'll never get liquidated unless there's a D-Peg.
So, there's a D-Peg risk, and then you're exposed to risk of, like, Gito getting hacked or B-Sol getting hacked, and then MarginFi getting hacked.
But, like, I consider those risks pretty low for what's going to be a five-figure airdrop, at least, and then maybe something from B-Sol.
So, you might get something from B-Sol, you might get something from MarginFi, and you're probably getting something from Phantom based on what they're hinting at.
So, like, I'm always thinking about, okay, what can I do to, like, not spend money moving this shit around, and also just kind of, like, farm drops doing the shit I would normally do.
You can have your Sol sit there, or you can stake it with two or three different people in some Ponzi loop and make yourself eligible for, like, two or three drops that are going to be big now.
Before, I wouldn't have cared. Like, a year ago, I was using some Sol DeFi protocols, but I didn't really care because I was like, yeah, the institutional money's not going to come here.
But now it's pretty clear it's coming, right? So, yeah, there's risks. It's obviously not the same as just holding the coins.
But if you're with the good protocols, like, I consider the risk pretty low.
But then again, flooring got hacked, man. That surprised me. He'll just pay everyone back.
But, Sammy, what's up, buddy?
Sammy, you're on mute, bro.
Oh, fuck. I'm outside. I didn't even know this.
It's fucking awful weather that, but, yeah, to the crypto fucking topics, yeah, yeah, what the fuck I was going to say.
Yeah, I think that people have, in general, a hard time to get inside the cosmos ecosystem.
Of course, those who have been around, like, more, know how to get there and have their first mover advantage.
But, yeah, I saw yesterday the first tweet about how easy it actually is to get the fucking INJ, get it from the sex or use a dex, like a wallet and breaching.
So, that might be some kind of a hurting point.
But, yeah, there is going to be airdrops, I think, in TI and injective something like 20.
Some might have already happened, this might be not correct information, but definitely they have been, like, the staking is the way to go.
And then put something in the pools, if the protocol has pools, like the Black Panther, but that is also kind of not very new.
Or, actually, it is, it's still time.
And, uh, my, my content...
Oh, sorry, I clicked the wrong button, Sammy, just one second.
I'm on my Google.
Yeah, sorry, I clicked this.
I'm an iPhone and I'm an Android user.
So, you said it's, like, really clearly laid out nice buttons.
So, that's why I pressed the wrong one.
Yeah, I will shut the fuck up anyways.
But, yeah.
No, keep talking.
Wait, Sammy, I got a question for you, bro.
What about the Levana airdrop?
That's, like, a Perp Dex on, I don't know, Osmosis maybe?
I don't remember.
One of the Cosmos chains?
I went on there, provided some liquidity.
I think they're supposed to have an airdrop, but I don't know when.
Have you heard about that?
I think that they dropped some tokens already, if I'm not mistaken.
I might be mistaken.
There is, like, a list of these, all these airdrops, and I just think that you just take it, you use it a little bit, that's it.
Basically, like, how they dropped ATOM and INJ, plus, like, you just take the same kind of airdrop back in the day.
I'm no means, like, any super expert, but I would look into those chains and the airdrop opportunities there is, because now everything, everyone is looking at Joel and maybe Eid.
But the opportunity lies on Injective and on Tia, I mean Celestia.
Yeah, you've got to be ahead of the pack, right?
Like, this is the thing.
So, with Injective, right, I get, like, in having these conversations with people, like, yes, it's a narrative, right?
But, again, a coin goes from 1 to 40 bucks in a short period of time.
Like, that, obviously, there's a reason for that, right?
But I'm getting, like, the feeling that it's trying to make a play against, you know, Sol and Avalanche, right?
Like, the big Boyle ones, right?
And, like, to be honest, like, I'm starting to load up bags of INJ for this reason, because it's like, all right, yeah, sure, it's like 38, 40 bucks now.
But, like, if that narrative plays out, you might be looking at, you know, like, what a double market cap from here in the short term.
And I don't know what I would say long term from that, just based on the fact that the ecosystem gets built out as a DeFi hub, and it onboards people to, like, the rest of Cosmos, right?
So, if INJ moons, so to speak, even 2 to 3x, whatever, right, you need to, like, then go, okay, that's where people are going to flock to as, like, you know, Solana 2.0, right?
Like, because, like, I mean, as much as I like Avalanche, like, an INJ is way more effective, it works way better, right?
So, like, let's call it Solana 2.0.
So, people flock to Solana 2.0, and when they're in there, they're already onboarded, basically, to the Cosmos ecosystem.
I think the only point of friction there, Sammy, is that, like, INJ is EVM compatible, and then they have to kind of do, you know, the Cosmos swap and stuff like that.
But can you IBC bridge injective? I don't think you can, right?
Yes, I think you can. You can swap from, yeah, I think. Wait, let me check.
Yeah, I wasn't sure about the IBC bridge, anyway. That's the nerdy term, guys. If you're not in Cosmos, we won't even explain it. Go in there and work it out.
But, like, yeah, so, like, full case thesis here, like, this is pie-in-the-sky shit.
Like, INJ becomes Solana 2.0 from shitters and becoming the DeFi hub, and because of the fact that, like, ex-Binance staff are moving to INJ, you know, venture capitalists is throwing money at this kind of stuff, right?
Like, there's a huge push for this. Like, it's not a scam narrative, right?
It's an actual Asia's play to kind of be, like, the DeFi hub of this kind of stuff, right? The chain, right? Push that meta.
That pushes that up, which then, as a result, pushes up several of the other large, kind of, larger, you know, chains within the Cosmos ecosystem,
which then onboards more and more users to that kind of thing.
So, like, if, like, that's my thesis anyway, and I'm like, all right, rather than trying, like, fucking pan for dirt or an avalanche right now, right?
Like, look, obviously, as you go down the risk curve, there's more opportunity.
I want to be, like, one of the first of this fucking LARP wave, right, that's going to come, right, to be on INJ and to be in the Cosmos ecosystem
and to understand it so that they, you guys in the audience, can be my exit liquidity, right?
Or you can pump the tokens that I own that I'm staking and making money off as well.
Like, obviously, I'm joking because everybody in this audience is smart because they're on this show listening to us,
and you want to kind of, like, make money too, right?
But, like, think of that thesis and go, okay, I'm not going to give financial advice, but I'm going to say this is what I have done.
I have allocated a portion of my portfolio to specifically, like, panning for gold in the Cosmos ecosystem
and then a portion for riding the next narrative wave, which I have swapped out of Avalanche and ETH, right?
I still own ETH.
I think it's, like, stupid to not own Ethereum.
Like, you'll be a retard.
I'm going to put more stables back into Bitcoin because I never owned any.
I think that's, like, I should be – I'm mid-curving not having Bitcoin.
But honestly, like, yeah, I want to ride the injective wave, and then I'm going to, like, ride up the token pump on these other ecosystems when the normies come there.
When the Pudgy Penguins gets launched on Stargaze and I make 500x from owning all of the tokens in the ecosystem, right, then we can talk.
But, yeah, that shit, if it happens, the upside is asymmetric, right?
So don't try and make $12 on a narrative that already exists.
If you're sitting in spaces and listening to an old man talk about fucking volcanoes in Iceland, right,
or you can come in here and listen to people who actually have money, who made money, who keep making money, right?
In here, you can listen to an old man talking about getting rugged in Iceland.
Yeah, exactly.
Getting rugged is actually – you have to have money to get rugged, right?
Like, that's part of it, right?
So, like, yeah, like, just be curious is what I'm trying to say.
Like, and, yeah, again, TLDR, whatever that is, fucking look at Cosmos.
Like, there's some upside there.
So, yeah, Sammy, you had your hand up.
Yeah, it's IPC swap on the wallet straight, so it's easy.
Atom, and you can just swap it.
It's that easy, basically.
So that's what I'm trying to say to people, that it's not that hard, even for newbie.
But – and actually, there – is it – at least, yes, there is – the NFTs, some of them look nice, and we know that some of – they have really – actually, we don't know that yet, but – good utility.
Can I just say, Sammy, just quickly, like, I'll let you speak as well.
But, like, Sammy goes into these spaces, and he talks about crypto.
He talks about upside on farming this stuff.
He talks about, like, the new opportunities and stuff like this.
And he gets kicked off stage or whatever because they want to talk about, like, who's the best event planner in Web3.
And it's, like, sure, I mean, if you're an influencer, whatever, but it's, like, these kind of people are the people that make the bedrock of this kind of industry, right?
Like, you need to listen to the Sammy's, right?
Like, these are the smart guys who are going out there who are going to make seven figures this kind of, like, cycle, right?
Like, they're the ones who are doing the research and the due diligence, who actually read the fucking white papers, right?
Who understand the tech, right?
Who are the ones who are sniffing out opportunities, right?
So, like, it's so mid-curve to go and listen – again, I said it yesterday – to some girl, fucking yop girl, full of lip filler, fucking from Dubai, whatever, right?
Like, listen to her fucking yell into the microphone because, you know, her personality is speaking loudly, right?
Or the other guy's personality is wearing a hat and driving a Porsche, right?
Like, none of that shit matters.
It doesn't translate into actually you making money.
Like, that's why we're here.
We're here to, like, have fun, right?
Learn about cool tech and ideally make money.
So, like, don't fade these kind of people.
Don't have hubris.
Listen to them.
And if they have a thesis that makes sense and your thesis doesn't align with theirs, maybe explore it and have a look and go, okay, let's see where those points are.
Maybe I can have a look at this.
And as Kook says – and I don't want to be gay for Kook, but, like, strong opinions held loosely.
If you're a maxi, you're a retard.
Bro, I'm trying to use the laugh emoji, but it's not working.
My phone's bugging out.
I need a new phone.
Almost had my hands on one, but then Solana rugged me.
I'm not going to forget that for a couple days.
Yeah, fuck.
What else is going on?
I feel like – I don't know.
What's the – like, what – okay.
Here's an open question, and everybody up here is probably paying attention to different stuff because it's a bull market and there's way too much going on.
But, like, what the hell should people be paying attention to right now?
Basically, I've just been, like – I farm stuff.
That's easy.
Yeah, just click buttons a couple times a day.
You know, you've got a wheel to spin, something to do, button to click.
But it's not that exciting, right?
So then on the side, I'm always looking for other cool stuff to do.
I've got those Injective quants.
I think that meme coin will cook whenever it comes out.
I think it's January.
Yeah, I got the Ninja on Injective.
I got a bunch of Steak Cosmos.
That's not that fun.
I ate some Cosmos ecosystem meme coins.
I think the action is on Soul, man.
Like, I really think that Soul is the thing that most people are talking about.
Different meme coins every day.
Insane multiples.
So, yeah, there's, like, NFT mints now that, like, people are doing good or, like, they're doing okay.
People are buying them on secondary.
So, I don't know.
For me, I think Soul is the place to be paying attention to right now the most.
Pay attention everywhere.
But Soul, to me, is the most exciting and, I guess, the place where I think there's the most money to be made.
And the funny thing is, like, people ate more stuff and dumber stuff the higher the price goes.
So, I kind of think it's just the beginning.
Like, when Soul was $200 in fall 2021, it didn't even matter, like, what was minting.
It would mint out in one second, like, for a month.
I don't know if we'll get back there.
But, like, the shitter environment, it feels kind of similar.
But, anyways, so, for me, I'm, like, okay, last couple days, I'm paying more and more attention to Soul.
I want to try to figure out.
And I know all the Soul boys, right?
So, like, I got to try to figure out, like, you know, the real Soul alpha.
Everybody's dropping a coin now.
Those bozos with the free mint, they're dropping a bozo coin.
I think that thing will cook.
But, yeah, I don't know, man.
Like, what are you guys paying attention to?
I know what Boots paying attention to.
What about Dubsy?
I have no idea what you're about these days.
Yeah, I mean, I think, no, I think I'm doing much of the same as what you guys are doing.
I mean, I'm trying to farm different, like, staking protocols.
I'm farming some liquidity pools that might give me an airdrop, maybe.
Yeah, kind of just getting my hand in every basket and trying not to get caught chasing meme coins like I was today.
But even when I said before that I was getting rugged on meme coins, like, obviously, it's a tiny, tiny allocation of my portfolio.
Did you get rugged today?
I want to know what the ticker was, bro.
What was the name of it?
Let me check my messages, because they were recommended to me by former friends.
Nah, they're still friends.
Yeah, you'll get into a meme coin that's too slow, and then you need an exit pump, so you fire it around to all your buddies.
Guy sounds great.
Yeah, so it was called, like, I Pepe on INJ.
That one fucking took me for a ride.
I gotta say, though, I would have aped it, right?
I already made up my mind.
I know it's a rug.
I might still go find it.
Yeah, it might come back, dude.
You're gonna get a way better price than I got.
It's a good name.
I go by the name, man.
I'm, like, autism level.
Like, if it's over a six, I'm putting some money in.
And then I bought something called, like, Red on Solana, which is supposed to be, like, some dog.
I don't know, bro.
But again, like, it's just dust at the end of the day.
But the problem is, shortly after I lost those trades, I spent, I wasted time looking for new trades where I should have just been doing anything else, basically.
Bro, I gotta tell you what happened to me last night.
Okay, so I got rugged on an AVAX one.
That was shit.
But then I'm, like, having fun, smoking joints, aping Solana shitters.
And, like, again, I really like this.
I think I've said this on Spaces before.
Like, before I went to Asia, I got in this, like, yeah, this, like, routine where every night from, like, 11 to, like, 2 or 3 in the morning.
This probably isn't healthy.
But I would get in this little group chat with some guys that were really good at getting contracts early.
And I would just smoke joints and ape shitters with the boys.
And it was so fun.
And, like, yeah, like, 8 out of 10 are rugs, right?
So you go small when you're that early.
But some of them will 10x.
And, like, you're making more money, usually.
As long as you're picking the good names.
But anyway, so I go to start aping some shitters with the boys last night.
And I – what did I buy?
It had a fucking sick name.
Susan or something?
It was, like – the ticker was Susan.
But the name was, like, the queen mother to all Solana manlets, Anson's mother.
Like, it was fucking retarded, right?
I'm like, what the fuck?
And then whether it's Anson's mom's name or Ansem, right?
I don't know if it's – yeah, but it's so retarded.
A meme coin based around this guy's mom, right?
So I'm like, hey, it's pretty big.
Get rugged.
And then I'm like, oh, I'm going to go to bed.
And so I go to bed.
And then I couldn't sleep.
And I pull out my phone.
And in the chat, like, the boys had found this one.
It was, like, a 10x.
It was AI.
Like, you know how AI is popping off?
But it was AI autistic intelligence on Sol.
And it was, like, 10x.
I'm like, oh, shit.
I saw that one.
I saw that one, dude.
I was going to buy that.
Bro, I miss it.
Like, they had it eight minutes in.
And a few of them aped it.
They're like, 10x.
And then I'm like, oh, fuck.
And, like, I don't like to chase, right?
Even though I know the name was good, I'm like, I'm not going to chase it.
It was already, like, 700K market cap.
Even though I thought it might go and do, like, a no whiff, right?
Dog whiff, no hat.
That was a really good one.
I got that one early.
It was, like, fucking 25x or something.
But now it's way down.
Like, that's the thing.
Most of these die.
Anyways, so I'm like, okay.
I'm in bed on Telegram.
And I'm like, all right.
Let's go, boys.
Ape the next one?
So I'm just like, oh, fuck.
We'll try again tomorrow.
Yeah, but I love aping the shitters, bro.
Soul shitters.
As long as you keep it small.
Like, yeah.
And I don't sell dust.
You've got to keep the dust in the wallet.
You sell it all?
Just get the shit out of your portfolio?
Or can you handle looking at the minus 98% for the chance it pumps in the future?
Hey, we've got Greece's number one, Malacca, on stage.
Mr. Jivan dead.
Mr. Banger.
How's it going?
We have not spoke to you in a while.
How is Athens?
Your street peddling criminal ways going?
Dude, I'm good.
How you guys doing?
We haven't spoken in a long ass time, man.
Actually, this is the first time I jump on any stage for like, I don't know, six months
or something.
Dude, it's good.
I don't know.
It's getting cold.
Athens is pretty shit in the winter.
Cook, are you coming?
What are you doing?
I got to come eventually.
We came back from...
No, you can hear me.
No, he's talking.
He's talking.
Yeah, yeah, yeah.
Is he rugged?
Maybe he can't hear me.
Oh, yeah, yeah, yeah.
So I think I have a small delay.
I'm going to come in.
No, I can't come in December now because we're moving and we had to come back from Asia to
like get a place and stuff and like it's been a bit hectic, but now we have a place.
So now once we get this move done, then I'm going to plan a bunch of fun stuff and one
of them will be going to Greece.
I don't want to go in the winter because Waluigi wanted to go for her birthday, right?
Which is like actually tomorrow is her birthday.
Yeah, we won't make it for my birthday, but we want to come.
We will come.
But it's like, no, it's better to go in the spring or go to like an island.
Yeah, yeah, yeah.
Got to go in the summer, bro.
I think the best time is probably June.
Get the real Greek experience.
Yeah, you should do that.
Probably June.
If you can do June, it's the best thing.
Okay, we'll come in June.
Dude, listen, listen.
It's settled.
We'll be there.
Dude, I had two Saga orders down.
One of them seems to be canceled.
The other one seems to be fine.
But I have no clue what the fuck they're doing.
Like the emails are just stupid.
What are these guys doing, man?
Seriously.
I think it was marketing, bro.
I think they just took a bunch of orders for phones they knew they didn't have to fuel
Very smart.
Got Solana up near $100.
But I don't think they ever had a phone for me, bro.
I think they knew they didn't have a phone.
I think they got me excited.
They wanted the tweets out there.
They used me.
And now I'm going to FUD Solana Mobile forever.
Dude, let me sell really quick.
Actually, give me a couple of days to see if my order is actually coming through.
If not, we can all FUD.
But, dude, I think they're actually on to something.
It felt so weird.
The entire timeline was buying.
And then I had time to buy.
And it just felt weird.
I've been in hype mints.
This one didn't sell.
Like, they knew what was going on 100%.
There's no way it was unminted for that long.
So, who the fuck knows?
Also, have they confirmed the airdrop?
It was an NFT playbook.
I'm like fucking...
And then they just...
Yeah, wait.
GVAN, maybe go down and come back up.
Because I think there's a weird delay going on.
Yeah, yeah, yeah.
It's the great internet.
It's, like, 30 seconds behind the normal internet.
So, just be aware, guys.
Well, the Saga Phone Jenny Wealth jokes on the timeline were fun for, like, three or four days.
But they're over now.
Now, Solana Phone Saga owners are NGMI, if you ask me.
All right.
We're getting GVAN back up here.
GVAN, what's up, bro?
GVAN's out.
I was just going to say, he's our friend.
Like, we're not actually making fun of Greece.
Like, he's our bro.
Yeah, we like GVAN.
We love GVAN.
Wait, let's go back to GVAN.
You back, buddy?
Okay, Sammy, what's up?
You need to get those drachmas to the government, or they're going to cut your internet again.
So, that's the issue.
So, yes, I was thinking about this, when, was it Booth that said that INJ has that Ninja logo?
Anyways, but, like, meme coins in general, they're the ones that survive and become, like, big.
What if, let's say that the Ninja meme comes, becomes a big thing, if, like, the INJ becomes the chain that is, like, in the, how would I put it?
It's already competitor to, so, in the, in the ones, but, it's also connected to the IBC, so, that's a bullish case, in my opinion.
If, if that, but, anyway, that might be some meme coin that I would just tell a little, little, little bit, and, like, I don't know, the Shiba and the fucking Doge coin, the origin of the Doge coin, and, who the heck knows, maybe Pepe becomes,
something, something, because I think that the retail is most attracted to the fucking funny meme coins.
I know it's, I know it's, it sounds stupid, but, that's kind of, what everyone is talking about in the fucking YouTube, in the fucking everywhere, yeah.
But, that's, that's the onboarding event, I mean, meme coins, yeah, they onboard you to the ecosystem, right, and then it's, like, you, you make a bag, right, as long as you don't lose a bag, right, the people that make a bag are going to become advocates for that ecosystem, and then, like, learn more about it.
Because, it's, like, if you go down the risk curve, and you make a bag on an INJ meme coin, right, like, then you're going to go, like, further down the chain, and, like, try and find, like, where the next kind of, like, you know, narrative can be formed around meme points, and where you can make profit, right?
Like, like, that, that's bullish, right?
So, like, again, I talked about it before, but, like, I really think that, like, INJ, like, a chain just doesn't come out of nowhere, pump fucking 40x, have all of these, like, really high pushed NFC projects on it, like, have, like, you know, connections to, like, major DeFi protocols and stuff like that, and then want to make a play to be the DeFi hub of Web3, without, like, that being, like, pre-planned with a fucking bunch of money to, to be thrown at that to happen.
Like, I don't even, what's the market cap of INJ right now?
I think it's, like, yeah, 3.2 billion.
2.5, yeah, 3 billion, let's go.
Yeah, so, like, does that 5x from here?
Fucking pretty easy that it can in a bull run, right?
Especially if it's got all that infrastructure and shit built that, like, it might not happen this cycle, but, like, that shit, like, a much, is enough institutional money around a chain that does the shit that ETH, Solana, and Avalanche are doing?
This, this is where, like, my thesis is kind of changing from this kind of maxi kind of model, where it's, like, yeah, Bitcoin is, like, you know, that's what you hold as an investment, right?
I don't, I don't know if ETH has as much of a strong narrative, but still, it does have some, right?
But, like, is ETH going to hit 10k?
Maybe if the entire industry expands, for sure.
But the, the, the asymmetrical upside of these, like, smaller, like, L1s within an ecosystem that kind of, like, is undiscovered that actually perform the function of, like, what the users in this kind of ecosystem demand.
And, dude, like, people are fucking stupid to not just, like, you've got, like, one ETH, like, or whatever, just, like, just take a percentage of your bag and just buy some INJ, right?
Like, again, that's not financial advice, but, like, buy something that is in the lower risk curve that isn't a shitcoin, that is part of the new matter of saying, okay, if, if this has an infrastructure that has demand, that can perform the basic, can perform the functions of what is going on on the L1s that are in demand at this point in time, and the narrative is starting to form and push people to that chain, don't fucking wait.
Just go there, buy the NFTs, understand the ecosystem, right?
Be ahead of the pack by fucking two weeks, whatever, and you can still make a bag, right?
You don't have to be, like, you know, hacking through the jungle, right, across fucking the border into the Cambodian village to find some new chain, right?
Like, you can literally just beat the pack by, you know, two weeks and actually understand the ecosystem and, you know, sweep the four of these projects to, like, make a bag.
And, like, you only have to be smarter than, like, the other idiots in the space, right?
And, again, like, you just be, like, right of the mid-curve or left of the mid-curve and you'll make a bag.
But, again, like, you've got to take a little bit of risk here.
And, like, I know people, like, narrative is, like, a scam, but narrative is how you make money.
So, like, rotate through narratives, try and front-run narrative, and understand the ecosystems in which these narratives keep pivoting to.
Like, so, like, you can be responsive, which is, like, okay, I look at the shitters in Avalanche right now, and I'm, like, okay, they've bled, like, 50%.
Okay, Avalanche is dead for shitters, right?
But that's me reacting to the capital outflows, right?
But if I want to be proactive, I'm going to be, like, okay, where can the capital outflows from Avalanche pivot to next that isn't Solana, that isn't Ethereum, right?
That isn't some motherfucking weird shit chain, right?
Okay, let me hedge on it being in the Cosmos ecosystem.
Let me say that it's going to be Celestia, right?
I go there, I start snooping around and having a look and getting prepared with knowledge and with some native token to be able to be ready to respond when the narrative moves there, if it does.
Like, it's such a low-risk play because you end up just buying native token for these kind of, like, alternate L1s.
Again, I know Cosmos is not an alternate L1, but fuck that.
I'm not calling it the IBC bullshit, right?
Just get ahead of the pack.
Be able to execute on the information when it arrives.
Execute on the narrative when it arrives.
And you have asymmetric upside just on doing that.
Like, spend fucking one, two hours a day doing that.
You're going to sit in spaces and fucking listen to people laugh without pudgy penguins.
I mean, you're not going to make it.
Like, it's just fucking stupid.
Like, yeah, anyway, Sam, you get your hand up.
So, yeah, INJ, it already has DEXs and Astroport token.
I don't know when it came out, but it's, I think it's the biggest DEX on INJ.
I might be a little bit wrong in there, but it's, it's an easy swap, swap thing to use.
And, yeah, it's some old Luna thing, but anyways, it works, test it, it's kind of, but you can use whatever you basically like, like there, or try to get airdrops.
Airdrops, but, yeah, I don't want to repeat my kind of narrative thesis on this, but, yeah.
Hey, I got a question.
I want to talk about NFTs for a second.
What's going, are there any upcoming, like, hot NFT mints?
Here's the reason I want to talk about this, because basically any NFT mint I can just get, right?
So, like, what's going to cook, what's going to forex, who do I have to go bug for whitelist and then dump on secondary right away?
And get stuff to give away to you guys if you're in the Telegram or the other chat.
But, like, you know, are we at that stage yet of a new bull market where fucking NFT mints are going to cook for no reason and then go down 90% a week later?
I need to hear.
I got to know who to DM, man, because I can get the whitelist.
Kando, what's up?
What are we minting?
Yeah, what's up?
Can you guys hear me?
Yeah, we did, bro.
We're in the middle of fucking buttfuck New Mexico right now.
I'm going home for the holidays.
But, bro, I think it's gaming straight up.
Like, what is that last one that was the Champions Tactics or whatever?
That one, I think, was a solid cook.
I think it was, like, a .1, man.
I think it's, like, .25 or .3 now.
Then there was, like, a Noxian Gem one.
I've seen that one go from, like, I think that was a free man.
It's, like, over in ETH now.
And it's, like, some sort of gaming project.
I don't know.
It's been so tough to follow some of this shit lately.
But gaming, I think, is the big play for, at least for NFTs.
I think as far as NFT goes, that's the only use case at this point is some kind of gaming thing.
But PFPs are kind of dead, I think, besides Spudgy Penguins.
And, yeah, I don't know.
That's just me, though.
Yeah, PFP projects are dead.
I'm talking more about, like, are there any mints upcoming that people are all, like, hyped up about?
Like, is there anything known that's going to mint soon that people care about on the radar?
There's a couple, bro.
I'm trying to remember what the name of this one is.
I'll let you know right now.
The Quants.
Bro, I'm about to.
Who was asking me about small brains earlier right at the beginning?
Someone was in here talking about that.
I'm about to start fighting these guys like crazy, bro.
Like, yeah, I'm pissed.
They just dropped this, like, weird community token to everyone that holds a small brain.
And now Treasure's, like, saying they're going to list it.
And, like, I think they're going to use it as a way to get out of actually doing a gaming token for these fucking monkeys.
I am so frustrated with Treasure.
Like, GameFi, they have it right in front of them to just rock it.
And they don't.
Everything they do is stupid.
I really hate Treasure.
Anyways, just had to rant about that because I'm just reading tweets trying to figure out what's going on here.
But, yeah, fuck, whatever.
So, anyways, no known mints?
Any upcoming mints?
Yeah, I just commented one of them.
Play Ember.
I've seen people excited about it.
It's a free mint.
But I think it's going to need a whitelist spot.
Looks all right.
I'm looking at it right now.
Big Brain VC.
So, Solana, big brain behind it.
Free mint coming soon.
Time to send a DM.
I'm going to try to get spots to give away for my telegram.
Hey, guys.
Yeah, what else?
I don't know.
Boys, Friday.
What are you guys doing for the weekend?
Also, another one.
King Fudd dropping his shit.
I'm kind of new to Solana.
So, I don't know exactly what it's going to do.
I never even bought a Solana NFT.
But it seems hype.
And they're doing, like, pre-sale spots right now.
That might be one of those quick flip.
Like, that's just because he's been in the community forever.
And, you know, I don't know.
It might be good, honestly.
Like, just one of those hype, fucking get in, get out kind of things.
And I don't really know what he's doing with it, though.
I know he's been working on that shit forever, though.
It's hard to see that.
He's a cool guy there, right?
Yeah, he's a cool guy.
I mean, I don't really.
He owes me an honorary.
He said he's going to give me one.
I don't have pre-sale.
I'd mint it.
But, yeah.
Is he in here?
I'd probably flip it.
He's probably sleeping.
He's in Hawaii, so he's definitely sleeping.
I'd mint it.
But, yeah, I don't know.
Like, what?
Yeah, I'm not really sure.
For sure it'll go up, though.
He's got a lot of hype right now.
He's been around Solana forever.
Like, everybody on Solana knows him.
It'll go up.
I just don't know for how long.
Yeah, it's like there's just an optics issue with him in the space.
But he's a cool guy.
Like, I like him as well.
He's got a good personality.
And he's, like, really tried to, like, do some, like, cool shit and, like, you know,
pivot into a new direction and stuff.
And, like, I think, like, as you're right, like, it's, like, treat it like a, like, yeah,
you can definitely probably make profit off it.
But, like, you're not holding that shit for the long term, right?
Like, that's a point of reference for a week of where you might make a 2X.
And then you get out and you rotate the liquidity.
Yeah, facts.
That's why I brought it up.
You know what I mean?
Because I'm sure you could get pre-sales still.
They were giving it out today to a bunch of people.
Oh, I can't remember.
There is, like, there is a couple gaming projects out right now.
I can't look at it because I'm driving right now.
But I'll look at it tomorrow and see if I can find them again.
I'll shoot it in the Telegram.
Those gaming projects, like, I'm pretty fucking bearish on.
Some of them I'm bullish on because I think they actually, like, have, you can make money on.
But, like, again, I call it a rug fight.
Most of GameFi is rug fight, in my opinion.
But, yeah, like, again, let me show quants and ninjas.
If you don't have one, look at it.
I'm not saying fucking buy it.
Just look at it because we just talked fucking a bull case thesis about INJ.
Like, NFT on INJ that gives you token.
I don't know.
Like, if they're pumping the chain, are they pumping the NFT?
Are they pumping the token?
Like, you do the math.
You take the risk that you're willing to take and then go from there.
But, like, some exposure, hypothetically, may be wise.
I'm not just saying this because I have a bag of quants.
But, like, yeah.
If you can't find any hype NFT that you don't have, like, allow this to, you know, on the ETH ecosystem, right?
Or on Sol, go have a look.
Because I think it's too big to fail.
And I know that, I know this is not the Enron of the fucking NFT world, of the Cosmos ecosystem.
But, yeah, just check it out.
Have a look.
Sammy, you got your hand up.
And, yeah, I have to say this, but some may disagree with me, but I don't care.
The Adora squid, the pixel versus mint.
I rest my case.
Well, sorry, say again.
What did you say?
Adora squid, pixel, the squid.
And I said, I rest my case.
You got to make a bull case thesis.
What's the bull case thesis on these?
They look cool.
Okay, I mean, that is.
And I said, yeah, let's talk about it later.
I like this technical analysis because, like, I sent someone.
And someone sent me some alpha.
And I just cut and paste and sent it to them.
And they were like, oh, man, I don't like stuff with these carbon emission credits bullshit.
And I was like, what are you talking about?
They're like, oh, that's that thing you sent me.
I was like, oh, dude, I didn't read that.
Like, it's just somebody sent it to me.
And they sounded smart.
So, like, yeah, I'm sending it to you.
But, yeah, I like the thesis of, like, that they look cool.
Because that's about as much due diligence as I would do.
But, yeah, the quants look pretty shit.
But, Rama, you came on stage and you were like, because most gigabrain, what's going on, bro?
Like, how can you lift this up?
How can we learn by osmosis some of your cosmos ways?
Or you can not talk.
That office for his private telegram is 899 above.
So, I'm currently sitting in the pub slapping the pokies.
All right, bro.
So, I'm sitting here.
We're slapping the pokies.
You can probably hear it in the background.
We're having a chat.
You're breaking up.
Too many beers, too many pokies.
But, like, that is a national pastime that you're participating.
Pretty much.
Hey, hold on.
We're talking in a language that these guys can't understand.
You're at a bar using a slot machine, right?
Are you drinking out of an aluminum can?
Or, like, how's it going?
I'm having a good time.
Nah, you're rugging, Rama.
It's too bad.
You're on that Greek internet, like Jeevan.
So, we're going to have to get some.
If you're...
Maybe you're on Australian internet.
Are you rugging hard?
Is it just me?
Is it Australian internet that's fucking its boat?
I can't hear it.
I'm just rugging.
Well, I mean, I've run out of things to say.
Who else has got shit to say so I can comment on it?
I don't want to have to think of new things.
I don't have new things other than flooding Treasure.
Because it's not even a community coin.
Patton released it.
He fucking told me.
So, I'm probably going to have to flood these guys.
Yeah, I've had enough of this shit with Treasure, bro.
I don't like these guys.
So, the founder of Treasure releases SmallCoin secretly as a community coin.
Airdrops it to people.
After saying SmallCoin was coming a year ago.
And, yeah, shit's crazy, bro.
I don't know what these guys are doing.
I hate Treasure.
If you're in here and you're in the Treasure ecosystem,
you need to know that I'm going to flood these guys.
And it's not going to be on the timeline.
It's going to be through back channels.
Until it's time for it to go on the timeline.
But I've had enough, bro.
I was a big investor in Treasure.
And I really don't like any moves these guys are made.
So, I'm going activist-investor again.
I hate doing it.
Fuck yeah.
D-Gods are at 2.0.
Wait, I heard D-Gods is moving to the Cosmos ecosystem
so they can change chain every five minutes.
Is that...
Was that Bud or is that...
Is that the truth?
It's real.
It's real, I heard.
No, Frank said.
Is anyone...
Has anyone bought an ETH NFT in the last three months?
Like, I'd be genuinely curious to know.
Like, has anyone actually clicked buy on an ETH NFT?
I bought a M'Lady, but like...
Has anybody else bought anything?
Well, I mean, I meant it.
Is it Freeman's count?
Sorry, go Stone, and then you go Dubsy.
I minted some shit the other day.
The Overworld thing.
I don't know if you guys heard about it.
It was like a gaming thing.
They're dropping a token.
Fucking...
It was a .15 mint.
Sold one for 1.3 ETH.
And then...
I got one left.
The floor is like 2.7 right now.
Like, it's...
You know, there's some stuff going on.
I mean, I'm...
I came up in that ecosystem,
and I've abandoned that ecosystem.
But like, yeah, I'm just curious to know,
like, who's still doing what.
Like, Dubsy, what did you...
What did you mint?
Oh, I meant that it was a Freeman.
I don't know if that counts.
It was a Lumi.
It was like a collection of 400 things.
I was just trying to, like, support a friend.
I'm not going to sell it.
I'll just put it in some wallet somewhere.
I can just sit there, you know?
Yeah, I had allowers for that,
and then I forgot about it.
Because I'm a famous influencer,
so I get all this kind of stuff.
Lumi's are cool.
Like, they look really cool.
I was saying that probably that's a test
case for, like,
I think that that level of project
should be on stuff like
in the Cosmos ecosystem,
because it's like,
the barrier to entry is way cheaper, right?
You can just mint it there
and get it out there.
So I was saying the other day,
like, if you're doing a small project,
you should put it on Cosmos because,
or just in the ecosystem,
because, like,
if you're trying to mint this specifically
for friends and stuff like that,
and the gas transaction is going to cost,
like, $35 on a free mint,
it's like, you're asking $35.
But if it's going to cost them one cent,
and, like, you know,
it takes a little bit more onboarding,
I think you should just kind of, like,
look at that as an option.
Because you can become, like,
a big deal on that chain,
as opposed to, like,
like, come on,
like, no influencer is going to buy,
like, a community-run project
that, like, friends buy.
Like, it's cool.
It's fucked.
Like, you know, Malafi's and stuff like that.
Like, maybe they have a bit of penetration
because, like,
those guys that, like,
in that ecosystem
have a bit of, like,
connection to WAB.
But, like, no big,
no one's realistically
pushing the price up of that, right?
But, dude,
if that collection launched
on, like, Stargaze
you could actually become
a big project
because it's kind of cool
and it has a cool community, right?
never underestimate
the power of a cool community
moving to a chain
where there isn't a cool community, right?
that's a thesis
for anybody
who's trying to launch
a new collection
look at these new chains
because, again,
you could do it cheaper
and you could be
the first person there
to kind of leverage
the existence of,
nothing existing there.
you got your hand up.
old pepins,
some other
old pepins artists
have had some
and they usually
do pretty well.
They are small collections
probably go a little bit
under the radar
depth floor
usually goes
or it goes to
The trademark,
I didn't mint it
old pepins
but a little bit
if I like the art
and then I just
keep it in the
cold water.
Would you buy
a bad kids
what's the
for reference
NFTs is like
the hypothetical
person who
well in there
through running
a protocol
or whatever
buys one of
these things
but they're not
this is not
comparable to
ETH prices,
they're like
if I remember
it doesn't
that there's
only money
and millions
of dollars
start purchasing
they're poor
have magic
internet money
which they
you desire
this stuff
further down
their liquid
discovered yet
until that
ecosystems
and having
and things
but that's
investment
underestimate
of millions
of dollars
at something
it succeed
like we're
that's the
only thing
where there
looking into
as opposed
through the
of previous
not always
about that
but I mean
isn't that
better to be
being like
not having
like people
fade making
six figures
like that's
if you make
enough money
to not have
for a year
or two years
that that's
that's your
that's time
and you've
just you've
just earned
every retard
trying to make
is an easy
shit stacks
you should be
understanding
that every
or a month
time you can
doing nothing
if you want
sitting around
and waluigi
we just went
to fucking
we was hanging
we were drinking
we were eating
we were just
hanging out
and in hanoi
it was based
we just hung
like we did
because we
made money
like that was
in which we
could afford
don't fade
the laughers
don't fade
small profits
because small
profits stack
that's the
I'm not saying
this is going
to come from
there could
be opportunities
within kind
where like
and that's
still pretty
sorry I was
figure out
claim here
the listeners
believe you
didn't buy
another one
there's been
just figured
likely to be
that pumps
ginger though
because so
many people
talk about
don't know
just gonna
buy autism
really aping
think it's
the environment
really good
I'm putting
some money
in and I'm
just gonna
forget about
ginger like
whatever I
newt and I
don't even
decks to go
on to look
price like
the wallet
now ginger's
whatever like
I don't mind
forgetting about
it if it's
like one of
the top two
or three on
a new weird
chain because
maybe they
go bonk in
the future
probably not
don't know
man Solana
shitters is
the is the
meta right
think that's
what we've
well neutron
when neutron
went offline
for two days
the fucking
whole chain
can't even
tell you how
pissed I am
about this
fucking small
brain thing
I'm talking
gonna tell
him he's a
fucking retard
no one knows
I know this
guy I talk
to him every
goddamn day if
this the full
official thing
don't because
there's been
like three or
four small
coins that
just created
by frustrated
community members
and airdropped
and so they
did that again
yesterday but
this one's him
I'm gonna bro
I gotta talk to
this fucking
guy I hate
you're gonna
not tell your
holders what
you're doing at
all and then
fucking flip the
script that's a
rug pull bro
anyways what
else bro we're
kind of getting
yeah man nothing
we gotta wait for
next week and
see how it goes
but like I
think like
Christmas is
gonna slow
I don't know
or maybe I
don't know maybe
people have more
time in their
hands but like
we have to see
narratives play
out but like
we're kind of
holding period
to feel like
you know a lot
of the shit's
gonna happen in
like I don't
think anything
massive is
launching this
is kind of
downtime but
personally this
is kind of
like portfolio
allocation time
in my opinion
like go go
through your
wallets clean
up all the
fucking dust that
you have there
consolidate you
know get ready
you know have
your thesis for
next year ready
do that kind of
stuff and maybe
spend time looking
at the new farms
but yeah fuck
I don't think you
need to be like
stressing out over
Christmas with
family and stuff
like a shit is
but like yeah you
probably should as
well because there's
gonna be some
Santa themed shit
like that you
can make a back
off right so
I guess like I'm
probably gonna take
like a couple of
days off just to
chill but when I
say that it means
I'll still definitely
be online but I'll
be online like 12
hours a day not
not 17 so but
yeah that's probably
my goal but what
about you bro
I don't know dude
same shit get ready
ape salon of
shitters try to
find alpha
farm stuff take
little shots on
stuff I think has
high upside potential
and low downside
potential that's
it talk to Pat
and tell him I
think he's a
fucking idiot that's
what I'm gonna do
today fuck these
guys I want answers
bro okay we're
out thank you for
coming we'll be
back next week