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Kuru Live! - Project Crypto + Show Us Your Trading-Set Up Winners
Recorded: Aug. 6, 2025 Duration: 1:31:10Space Recording
Short Summary
In a dynamic discussion, participants explored the implications of Project Crypto, a new initiative by the SEC aimed at fostering a more favorable regulatory environment for cryptocurrencies. The conversation highlighted potential growth opportunities, the importance of community engagement, and the evolving landscape of crypto regulations in the U.S.
Full Transcription
you I don't care. Hold up, try to finish it. Brand new in the way, but the whole thing on my car.
This is Zell, but EBT, even got that cash show with the QR.
Yeah, you can have you from nine to five.
All me from five to nine.
Don't play with me and mine.
My cash flow is over for me.
D-bit's just want one thing.
Last I shit with the pinky ring.
Money ain't all that life brings.
D-bit's just want one thing.
Balance and balance, balance and balance, balance and balance
Because we want we want the balance and balance, balance and balance
Because we want we want the balance and balance, balance and balance
Because we want we want the balance and balance, balance and balance, balance and balance I don't play with my bank account.
Thank you. um
Dallas, Dallas and Dallas, these bitches want one thing.
Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, these bitches want one thing.
Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, because we want me on the Dallas and Dallas, Dallas and Dallas, because we want me on the Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas and Dallas, Dallas, Dallas and Dallas, Dallas, Dallas and Dallas, Dallas, Dallas and Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dallas, Dollars and dollars.
Don't miss my bank account, Cozy.
Right on, KB. I don't know about this project crypto.
I'm crashing out over here.
I don't need the government to mess with my bank account here.
What?
You said it was dystopian.
It's so dystopian. Okay, we'll get to it. We'll get to it.
I don't. I mean, I was just like
the opposite reaction. I was just like ecstatic reading all this.
I think it's definitely good news, but we should debate or discuss it in a bit here for sure.
Definitely.
Everyone, welcome. We're going gonna be announcing some winners today too
um oh yeah but no one beat my setup i'm sorry i'm not gonna lie kb your setup was
like like genuinely the best there is a there was luckily luckily for everyone, I think, there were 10 winners selected.
And there's no, like, ranking.
I think that there was one person who put in probably more, maybe more effort than everyone else.
Although there were a lot of really good submissions.
But it was super fun.
I mean, there were a lot of good submissions.
There were some bad submissions, I'll just say.
Like, there was some low-effort slap going on to the timeline.
But I think we've got a good list of 10 that I'm hyped for.
So that's been good.
I don't know, KB, how long should we keep people in suspense for a while here?
Or maybe, like, just we start the convo and then we do it at 10?
I don't think we should wait until the end.
I feel too bad waiting until the end.
But I don't know.
What do you think?
Yeah, yeah.
Let's get some more people in here.
Guys, go ahead.
Retweet the space.
If you know somebody who submitted, definitely give them a tag.
And let's see who won.
We'll run through our topics today.
And then, yeah,
I think 10 is a good time.
Okay, right on, right on.
All right, I like that.
I like that.
So we'll be vibing here.
Man, it is Wednesday,
9.36 a.m. Eastern Standard Time.
Man, KB,
if this is just the riff part of the show, I had a, man, I just,
I'm actually, Cozy's kind of in a bad, I'm kind of in a bad mood right now. I just gotta be real.
I just had a crazy morning with my kids. So I'm, I was literally like walking down to my office and
just like trying to collect myself. And I was like, KB might have to, KB might have to carry
this one. If we start talking Project Crypto, I'll probably perk up.
But I'm just like, also, I literally took the first sip of coffee as you were talking, coming out of the meeting.
So maybe that's part of it, too.
I might just be like a coffee bitch that I just need my caffeine in the morning.
But we're getting there.
It's good.
It's good.
Yeah.
How are you doing? You've had a... we're getting there it's good it's good how yeah how are you doing you've
had a you you're getting caught up you're like just in America now yeah yeah well I mean I was
always in America I just haven't been home um and then also, um, also, um, I did the Solana summer series. So I worked, I worked that over the weekend. And that kind of caused me to like not be online at all. That was like very, you know, demanding, but it was a massive event it went really well though um and
definitely kudos to like amy street and uh we had like moon pay sponsors and a couple other sponsors
as well um but it was it was a lot of fun but that was a lot yeah was it massive was it big like how
many people were there yeah there was like i think in total like 130 and it was kind of like herding
cats because we're you know it was like a bunch of different like spots like you had to go meet up
you know go check in at a bar a bar crawl there's a scavenger hunt the next day um and then there
was like a party that night and then there was a boat day the next day so definitely a lot of
moving parts but it it went really well.
That's awesome.
That's good.
No, yeah, that's so cool. So this is like a series that Solana has been doing.
Did it say Solana series?
Are they doing these around the country, or was it just like a Key West thing?
No, no, no.
So this is the third one they've done.
They do it every summer so the first one they did was in nashville the second one they did was in like upstate new york and then
this year was uh in key west yeah three years now cool um it's not not exactly solana um it's a company called rove um i think they're also on avax as well and um and so yeah
like they kind of put it together but they have sponsors from like the some of the biggest
protocols in solana and um you know there's a lot of correlation with like the solana foundation
you know they're like commenting on um on everything so so yeah so it's kind of like uh kind of it'd be more so like
if you know kuru did something like this like in the future and had sponsors from like you know
purple or you know or like some other like protocols on um or like even like phantom or
moon pay right um because i'm sure moon pay you know phantom's gonna carry uh? Because I'm sure MoonPay, you know, Phantom's going to carry Monad. I'm sure
you're gonna be able to buy Monad through MoonPay. So it's kind of, it's kind of like that, you know,
and then there's a lot of different apps. You know, we had like, you know, Leap, his donation
new company, I think it's DonateGG. He was a big sponsor as well um entropy um there's a few others so yeah it's just
a kind of a bunch of different um protocols you know there for the event as well cool cool good
stuff no that's awesome and so it was so we forgot that kb and our ceo's birthdays are back to back
so it was like the Kuru birthday weekend here.
But yeah, good birthday.
You got to celebrate something.
We could do something next year.
Yeah.
No, for real.
We actually should.
We should.
We should probably like, it'd be kind of fun to like do something off site maybe.
And like a birthday celebration for like the both of us.
And like just do like a Kuru birthday weekend might be really cool.
Oh, yeah. Yeah. Everyone's like hearting up. Yeah. So if you guys like that, of us and like just do like a career birthday weekend might be really cool yeah everyone's like hearting up yeah so if you guys like that give us a heart give us like
you know tell us and then you can go ahead and wish um our founder um a happy birthday yeah 100
no it's big time yeah no it's i mean man that is that it's to, it's crazy to think like next year, you know,'m like super bullish, but it's just so like hard to picture,
but man, I'm excited for next August. That will be, that'll be awesome.
We'll be coming out of, uh, be coming out of that.
We'll be getting midterms with everything we heating up for the,
for the midterms with politics. We'll be,
we'll be talking like what a new crypto
congress will look like and all this stuff it's gonna be oh man it's gonna be ridiculous but
yeah we'll get there good okay well guys yeah let's we can we can dive in i think i mean like
the main thing that i really wanted to talk about this week was um the the project crypto updates
and everything that have come out it's just a super interesting pivot in terms of regulation in the U.S.
And I think that this dropped last week after we had had this space, or maybe it was on
Wednesday or Thursday.
I covered it on the Crypto Roundup last week, but it was very brief.
And so I thought it was worth us talking about, especially because we got another development yesterday with liquid staking tokens basically being declared like not to be securities or
securities activities, which could have some really good developments for the burgeoning
LST ecosystem, both on Monad, but also that already exists like within within the, you know, ETH and Solana communities and other L1 chains.
So that's a big development.
But, you know, just to give you guys the brief,
brief background here, and then we can get into it and talk.
And if you want to come up,
I'd love to hear your thoughts about it as well.
KB just shrugged, but she's back.
And, yeah, so if you want to come up and speak, come up and hang out with us.
And we'd love to hear your thoughts on it.
We've got Moonboy and Turbo Autist.
We'll say hi in just a minute here.
But basically Project Crypto.
So if you haven't listened to the speech or read the speech yet, I recommend listening to it.
If you just, I'm sure, type in Paul Atkins, who's the new SEC
chair in the US, and you put Project Crypto in the YouTube, you'll be able to find the speech
about 30 minutes long, really good lunch material or whatever when you're cooking or working or
whatever, commuting, just throw this on and give it a listen. I really appreciated it.
Mutant. Just throw this on and give it a listen. I really appreciated it. But the text works as
well. And basically, Paul Atkins, just quick background on this guy, right? So he was a
commissioner of the SEC. So like one of the five sitting board, kind of board members on over the
SEC, and they work as a team. And then the chair is kind of like the lead, which is what Gary
Gensler used to be, right? Kind of enemy number one of crypto during the Biden administration, which is interesting because
he had kind of already put together the, he had already had like some pro crypto talk from like
when he was a professor and lecturer. And then he kind of flip-flopped on that when he got into
office for probably political reasons. And then was obviously like going after, you know, Uniswap and a bunch of other protocols,
Coinbase, basically just like trying to get people to play inside the lines without telling
them what the lines were with regard to like crypto regulation and policy and everything.
thing. And it was just total lawfare and like a real bummer. But Paul Atkins is the new SEC chair.
And it was just total lawfare and like a real bummer.
And he has actually been a advisor in the past, a legal advisor for, I think it's called Reserve
Protocol, which is a stable coin. It doesn't have a lot of, I don't think it's gotten a ton,
a ton of adoption per se, but it was like a coin that like ran super hard back in 2021. I remember because I have like
some dust of this coin in my MetaMask still from back in 2021 when I probably clipped like $50
into reserve protocol. And I was like, this is going to like 100,000 X and it did not. But Paul
Atkins already has experience in the crypto space. and from all the rumors was kind of reluctant to take on this role, but has.
And it's just like a really even and steady hand, it seems like it has been really pro crypto kind of following through on.
Yeah, just like Trump's pro crypto agenda that has been kind of coming into fruition.
I think it's fair to say over the last few months.
And so in this speech, he basically, to me, the craziest
thing, we can talk about some of the policy implications and where all of this might be
going. And we need to get KB's take on it being dystopian, which I am interested to hear. But I
thought the most like, shocking or like surprising thing that comes out of this, right, is that
Paul Atkins makes this, he gives this narrative to begin the speech. He's talking about how back in the 1960s,
the stock market in the US was all run by basically this exchange of paper documents.
These would be literally wheeled back and forth along Wall Street, up and down between the stock
exchange and between all these different companies and people that were buying and selling. The stock
market would actually have to be closed on Wednesdays back in this time,
just to be able to process the sheer volume of paper documents that was moving back and forth.
And next step change in this regard was basically digital, right? Was the stock exchange going
digital, creating a much more efficient and streamlined system to be able to run stock market trading.
And he uses this as a comparison for what the on-chain revolution, what on-chain technology
could be for the stock market, for trading, for markets in general. And he says that the SEC is going to
explore the benefits and risks of moving all markets on chain, which is almost so shockingly
bullish, even though it's what we've been all hoping for, desiring, wanting to see for the longest time.
And in a lot of ways believed what happened, but to kind of see it come into fruition is
almost like crazier in reality than I think it was in our heads in a lot of ways.
And so there's a lot of things that he talks about with regard to like how they're going
to look at things from like a regulatory and a policy perspective.
regulatory and a policy perspective, I will go here and pin a tweet that is really good from
Hasib from Dragonfly, who, shout out, actually led the seed round for Monad. So they're definitely
involved in a lot of ways. But I just pinned this tweet here. And so just some of the broad
outlines.
Yeah, I mean, Hasib agrees maybe with me,
the most bullish thing I've seen in a long time from a regulator.
Almost all tokens are not securities.
We need to get more clarification here, but that is definitely just like a crazy and like awesome thing.
So maybe we'll get more than just meme coins not being securities,
which has a lot to do with basically like how they're going to be regulated disclosures, all of those things.
They want to discourage decentralization kabuki theater.
This is basically kind of like the offshore foundation dynamic, which has been really bad for companies being able to work in synergy and be able to actually build lasting protocols that are, yeah, moving towards
decentralization, but kind of discourages growth in the meantime. This is a big one. Americans
should not be excluded by IP or VPN blocks from things like ICOs or airdrops. So maybe we'll get
a road to where like you don't actually have to like go on a NordVPN and feel like you might be
breaking the law to be like claiming airdrops and stuff like that if you're an American citizen.
And hopefully other countries around the world will follow along in this in the sense of America kind of leading the way in this regard.
Non-security should be tradable alongside securities on the same platform.
same platform. So this would mean that theoretically you could have, say, like Coinbase
being able to trade stocks or even tokenized versions of stocks alongside commodities like
Bitcoin and ETH or other crypto coins. And so basically all of this is just to say that they're
going to make an attempt to make it so that you don't have to get all of
these different licenses across all of the 50 states in the US to be able to basically just
offer something like a Coinbase and a Fidelity and all of these companies wrapped into one,
to basically just make it a fair playing field for crypto to be offered alongside traditional
securities, stocks, equities,
all of that good stuff, along with some talk about like, you know, ensuring privacy,
ensuring self-custody via wallets and all those things.
And then finally, like this innovation exemption, which would basically allow builders to be
like making projects that are on the road towards decentralization,
but have not gotten there yet to where you can basically be like experimenting and have some
protection via the law to get your project to the point or the viable point that you wanted to get
to with regard to decentralization. So, okay, a lot of rambling for me there, but that is just
kind of like an overview of like what Project Crypto is
and the direction that these things are moving and all of it out of a desire for, you know,
America to become the crypto capital of the world, which I can see. I know we have a global audience
here and, you know, KB and I are Americans. And so we are obviously like bullish on America.
You can have your own opinion on America.
That's totally fair.
But in the sense of America, hopefully being a free and, yeah, you know, just like capitalist.
I think like having a lot of good values for the rest of the world.
And in terms of that, that thought leadership and innovation leadership, I think that this is just good for crypto and the industry more broadly in the rest of the world, and that more companies and people and governments will follow suit in
this way. And it could really be good for unlocking what we think that crypto could
unleash and become in the rest of the world. So just, I think, a super positive term.
But I hear that there may be a co-host of this space who who has a different dig on it so I feel like we should
we should open it up here but yeah KB I sent you some of the speech highlights and some of the
different stuff that we're going to talk about today and so yeah no just run us through what
you were thinking hey Sophie how's it going all right you're gonna put me on the spot like that and after all your bullish
rambling it's hard to kind of um follow up on that and I definitely like no I agree with you
that there's a lot of things that um I'm extremely bullish on mostly on the ICOs uh airdrops and then
um also the uh what was it there There's something about, oh yeah, innovation exemption, right?
And also some securities on taxes.
I think I read about that.
So like, I'm definitely, you know, with what we're doing and how we're working, and it's
definitely safer for us, right?
There's always that huge risk of like, you know, as an employee in crypto or for like
a crypto product, right? Like there's,
there is a huge risk on for these things because of the gray areas, because legalities, and not
only just like losing a career or job, but possible like jail time, right? So there's always
like these like fears that, you know, and I think that's a big reason why someone like me, you know,
like, I don't have, I don't don't know whatever it gives you a lot of
opportunities if you're a risk-on person right um to be able to work in a finance world from
your bedroom from anywhere around the world um and for that I'm like super bullish on and I do
think it is a good step forward I don't think we're ready. I don't think our infrastructure is ready. I don't
think there is a blockchain out there that can handle this type of volume that isn't like grossly
centralized. And so then like when you have someone, you know, something like America, like, and, you know, this project crypto and, you know, the only way that any of this is even possible at this point is through like, you know, just one powerful sequencer, right?
You're completely throwing out the ethos of like what crypto is.
And I do think that there is going to be some type of
pushback on that and also I think that we're not mature enough yet as a space and there is still
a lot of corruption I mean there's always corruption and I feel that like they are just going to like corrupt the fuck out of this.
And that video was out of like a Black Mirror episode for me.
I genuinely didn't anticipate like going into crypto, right, in 2020 when I bought Doge, right?
And just kind of like there is always this, you you know I'm a bit of like a rebellion right
we know this cozy I'm not like I don't it's kind of corny to say that but I'm a bit and I'm on the
whole left curve side of this you know like I'm not I didn't do too much of a deep dive not as
deep as you did um and I do want to following this week and kind of like you know what this all means but um
i just like from the point that i'm at i'm like well where are they gonna do this right on arbitrum
like where are they gonna do this on base is you know america gonna make their own l2
right and and then it just makes you want to fucking like blow your brains out um and that's
more so like where where i'm coming from on like you know putting like america on chain um and like
what they're going to do and i do think that they're kind of fluffing all these things up for
like the builders and and everything but you know as this gets closer to you know, as this gets closer to, you know, fruition, less and less people, you know,
of the smaller people are really going to be left out in this situation. And I just don't think
we're ready as an industry, as an infrastructure to kind of get to this level of what they're
trying to do, right? Project crypto. And then of what they're trying to do right project crypto and then what
if they're just saying some fluff words and then just tricking us again right so um i feel like
this is this could lead up to like a black swan event and that's more so like where i'm skeptical
but this is all just like irrational thinking like you, you know, pessimism at its finest, pessimistic realist,
and a bit jaded. But I, you know, whatever it is, but it is, it's good for me. It's good for
art, you know, it's good for, you know, my job and our careers, right? So you just kind of got
to play the game, I guess. Yeah, no, I think that all of that is totally fair. And I get what you're saying.
I, my reaction is, I, the Black Mirror comparison is almost apt. It does seem like a,
it is such a big reversal or such a big shift. And in such a dramatic way, like to paint the
picture of like, bringing all markets on chain
and then like being familiar with like the current state of like the landscape of infrastructure
and technology and all these things to say like, hey, dude, like Paul, like we're not ready, man.
Like it's not, we've been here for like 16, 17 years and like we don't have,
our only non-speculative use case is stable coins
dude and like we're working on it so like we're not we're not there are we gonna be tokenizing
like every city now like are we gonna be tokenizing every president every politic right
tokenizing everything like does that was that what that means or are they only going to be like there's only value in this
like centralized like stable u.s cryptocurrency now and like then we're going into like a cashless
system right are they just tricking us into like this cashless system where like now we're like
this is amazing and then we're part of the fucking problem and they're just like using us and then
everything that we stand for is just completely gone right like these are
like essentially my thoughts on it as well and um there is something else that i wanted to to pin on
that but now i can't remember because i was crashing the fuck out but um oh yeah how do we
how do we go from how do we go from like kamala and you know gary gensler like youala and, you know, Gary Gensler, like, you know, and there's like this anti-crypto
army to like this, like, okay, Project Crypto.
Like, it is so extreme.
And I guess like, that's just like how politics are.
But I'll share you something from the chat.
Kat hasn't been around because, you know, Kat, I don't know what he's doing.
I don't think he wakes up this early anymore for for the spaces um but we were talking about it last night
and you you remember cat like during like the whole trump thing and how like mega bullish he
was and just like you know you know how he is he's just crazy he's a crazy guy and he's just
like screaming atop his lungs and i'm i share the thing you know the video in my chat and i'm like
why is this so dystopian and kat's response was um government sponsored crypto is the gayest thing
on earth and bad for any all of our bags get them out of here impeach trump and give us back kamala and elizabeth warren's anti-crypto army
i literally just died laughing because of like the complete like 180 from six six nine months
ago you know what i'm saying like so um i think that it's you know i think that take everything with caution and life and you know the government
does not have our best interests they only have the interests of themselves at the end of the day
and that's any government so you know i think like buy bitcoin you know uh do what you gotta do um
and you know but i don't know about this, like,
if America comes out with their fucking like USA coin, I'm going to crash the fuck out.
Well, I think that those are fair. It's good. It's I mean, those reservations are all totally
fair. And like, I'm, I'm with you there for sure on like a fundamental mistrust of the government and all those things.
I think that those should chasten us as we as we hear all this.
I think, though, that the only I mean, like the piece of I mean, comfort or whatever you want to call it that that I take or that I have with with all of of this is that the, the systems are at least
theoretically like a system like Monad is being designed to be hopefully like above and beyond
government interference, right? Like not that that will be like 100% guaranteed or assured,
but like, that's why you want to be building on Monad, which is globally distributed in terms of
its like validator set and is actually trying to be a system that can be infrastructure
for the world and for markets to move on chain.
And the way that I see this is less as the government saying like, hey, we're going to
like take over and we're going to like become a part of all of
this, but rather as like removing the artificial roadblocks that were there for crypto adoption
to actually like take off and like take over in a lot of ways and become a better system for
the world. Right. And I think that in that way, that's where it's just like overwhelmingly positive
is it's saying like, hey, like, and look, there is a running clock on this, right? Like, this is
going to, in a lot of ways, be tied to the Trump administration. And so there is like a running
clock of what, three and a half years or less, that we have to make these policy changes from the SEC, but overarchingly to actually pass good
legislation, good laws that will live on the books and hopefully have more bipartisan support within
the Congress, which is what actually matters more than like how the SEC or these government
bureaucracies that definitely have too much power that could shift and change if you got a president in the future that had a different mindset, a different perspective on all
these things. If you have a stablecoin bill on the books and you have a good market structure bill
that's going to regulate how tokens and companies can play inside the lines, that's going to create
the lasting soil for crypto companies to grow and flourish
in America, which could be, yeah, just like hugely, hugely important.
And so I think that this is, I mean, like just the example that I guess I would give
is like, if you think in like the 1990s, if you were to like give the internet like as
an analog in a certain way, and I mean, the government, I think, had some reservations about the internet was probably not as openly antagonistic towards it as it has been classically
towards crypto. There's a time where you could look at this and say, okay, like, say you're
opening the floodgates to the internet, right? And you're like, okay, guys, listen, like the
infrastructure for the internet is like not ready. Like it cannot handle like billions of people that could be on this. It cannot process trillions of dollars in
value safely and securely and all those things. But if you take away the roadblocks that were
there to actually be able to build the technology that could do that, you get to a world where,
that we have today, right? Like we're on a space and on
a platform that has billions or I mean, I don't know how many users on on Twitter there are,
but probably multi billions. And Facebook, which has what, like, I mean, billions of users,
all these things that have, you know, created like this online infrastructure that we
totally interact with in the world today. And so I think that on-chain markets, which I think
what they're talking about is less like tokenizing everything. I don't think they want to make a
content coin for New York City or stuff like that. I think it's more like bringing the stock,
like accelerating the tokenization of stocks, bringing equities on-chain,
allowing people to have maybe 24-7 global markets in terms
of like how finance is going to operate, having these things work in tandem with and over top of
the underlying structures that we've had thus far, which are inherently very centralized and very
like third party oriented, like with regard to stuff like the you know the new york stock exchange
or um you know just the cme and all these things and so i think that there's a real
unlock that we could get in this way that now like i think just i think like a big piece of
this is like it almost to me makes the all of the talk that we've had on crypto twitter about like
infra is dead like we're so tired of infra and
everything and like james has talked about this james from monad has talked about this like when
people say that they're tired of infrastructure what they're really and like the next l1 or the
next l2 or whatever it is he's like what they're really tired of is a lack of innovation they're
tired of the same thing being shipped over and over again or Or, I mean, without taking too many shots
at our L2 counterparts,
just like the next fastest L2,
like, oh, you can do 100,000 TPS?
Well, I can do 500,000.
I can do a million TPS.
And they're running it all through a centralized sequencer
that is just like essentially a web socket
that could totally get taken out
if you just like nuked
wherever the validator is located, right?
So in that way,
I think that what people are not tired of is infrastructure that could actually onboard the
next billion users, right? Which was what Monad I think is shooting to be in the global long term,
even if at its initial state, it will probably not be there, right? Nothing is there right now.
But again, like you're just being given like the the green the
green light the flag the opening track to go to go out and do these things and hopefully to get
even those like super super talented people who are in the u.s or are around the world that have
been too afraid to touch this stuff because it's just been icky or there hasn't been use cases for
it and if you're opening up this signal to say like, hey, we can move in this direction and it can actually be the future of tech and potentially be like a better
society builder, that these things can have that potential in the long term. And so we can move
towards that. I think that we have to be quite careful to keep the underlying principles. And
there are aspects of crypto's kind of like cypherpunk mentality that have been lost. But I think that we'll be able to undergird a lot of this development with the principles of like decentralization and make the case for why that's so important. like moving from one fast centralized system to another fast centralized system. It is moving
from a fast centralized system to fast decentralized systems that can become the better
infrastructure, groundwork, all of these things to bring global markets on chain in a more fair way
that can give more global access to people for finance and actually probably be good for the US
in the long run,
but also be good for other burgeoning countries that may or may not have like currencies that
are being degraded and inflated and all these things, which the U.S. is as well. It's just
kind of in like the best situation of all of these like awful situations that are that are around
the world. So I don't think that I mean, like we'd have to be eyes wide open, like crypto
taking over in this way is not going to solve all of our problems even if everything was like
the absolute mega bull case but i think that it can do a lot of good for a lot of different parts
of uh a lot of different parts of the world um yeah 10 10 07 kb should we pause i think we can
put a pin in it i feel pretty i'm pretty confident
we can come back to this and we've got more speakers um yeah i mean but do you show us
your training yeah i mean like we do i think it's a pretty big topic um maybe we can do it but i feel
like if we do have some speakers here if anybody has some thoughts on this maybe let's run this
for like 15 more minutes and then we can like maybe be done with it and then
we can run the trading setup what do you what do you think if anybody has if anybody has any
thoughts on this let's yeah raise your hands um we'll quickly just kind of hear some thoughts
and then let's let's figure out who the winners are. Also, Cozy, really quickly, obviously, like, by Bob's birthday stocks, right?
When we talked about it.
I can, like, post it, right?
Yeah, yeah.
Okay, I'm posting something.
Okay, cool.
But, yeah, what do you think about that, Cozy?
Should we hear some thoughts really quickly from our guests?
Sure.
Hey, no, that's fine.
I will keep the people in suspense a little longer.
Moonboy, you've been here from the beginning, brother.
Feel free to jump in.
Yeah.
Honestly, I don't have much to add to the discussion.
I don't know enough about the situation to have an opinion.
But something that I'd like to point out to the American maxis on the panel is that the world does not buy into this bullshit now.
And Trump's making enemies left, right and center. This is straight from my heart,
pure hate, no logic, of course. So yeah, we are not buying into all of that. You guys can,
you know, be happy and, you know, do things to yourself, but yeah, we are not buying into it.
I'm so sorry. I'm going to have to jump in really quickly, Moonboy.
I think that's a terrible take.
I mean, I listened to the whole thing about, you know, the announcement for Project Crypto.
You got to think about for the first time in a very long time, we're selling our bags
to the suits instead of them selling their bags to us.
So, I mean, I don't know.
I think like it's exciting to see these institutions come in and want to buy our bags. Like, I don't know. I think like it's exciting to see these institutions come in and want to buy our bags.
Like, I don't know. I just think think about all like who is a JP Morgan and BlackRock.
Like if they didn't really like bring that liquid to Bitcoin, I don't think Bitcoin would have pumped to the numbers it did.
To be honest with you. I mean, I know maybe that's a crazy take to say, but I don't know.
Like without the suits, we probably wouldn't had our run like this
year that's i don't know and shout out trump for launching a coin and really sending the entire
market like all the way up and yeah sure we went to zero right after but like like let's lock in
like a lot of people made so much fucking money this cycle and it's all because of trump it's all
because of these suits that came in and i mean i, I don't know, man, like America, America signal into everyone that, hey, we're actually adopting this technology. We're not just going to talk about like, hey, But with this announcement, they want to bring traditional markets on chain,
which is huge because at the end of the day,
that just bolsters the U.S. market.
That shows like we're signaling to the world, like we're open 24-7.
You can trade our stocks.
So I don't know.
I think it's like positive EV overall, but I don't know.
It's the Turbo Autistake.
So I just wanted to add that to your take, Moonboy.
Shout out Donald Trump.
Shout out, bro.
Like, he really helped us print.
And yeah, 100%.
He's a homie.
Well, Moonboy, I'd like to hear-
Happy late birthday, KB, by the way.
Wait, what did you say?
I said, happy late birthday.
Oh, thank you, man.
No, Moonboy, I'd like to hear more about your perspective, because I don't want to just like, yeah, I don't want to make this too American Maxie.
I think like the only I like say like you're based, though, in like APAC or something like that or in like another part of the world that even is like antagonistic towards
Trump, which I, I mean, I totally agree.
Trump has not really been collecting friendships like from,
from his time in office thus far, but like the,
we're all here because of crypto. And so like, if, if say like, for example,
like Monad is allowed to like flourish in America and like not have to go through like a bunch of like hoops to jump through and things like that.
And this innovation gets made here instead of being made through like all these hoops that they have to jump through.
I don't know. Even if I think like, say, like countries that are antagonistic towards America, which have already historically been, like if
crypto proliferates, I still think that can be good for the rest of the space. I do see how we
can be guilty of being too American maxi in this perspective for some of us. But say more,
I want to hear, flush out your thinking. Yeah, I mean, the ethos back in 07 wasn't this capitalist mindset, right, that Turbo
just brought to the table.
I mean, there's two sides to the spectrum, right?
If you talk about Monad, I actually want to talk about what Tourette did talk about like
a few days back in Purpose Therapy.
He talked about how the core ethos of Monad, of being decentralized,
could, you know, get us an ETF and stuff like that.
That's far-fetched, I get it.
But there's two sides to the spectrum, yeah.
If governments are getting involved, do you think that they'd like that kind of a decentralization of an L1?
I highly doubt that.
And, you know, I kind of connected towards what KB talked about,
about what Cat5 said to her and stuff like that.
So I'm on that side of the table.
I don't know how you guys take that.
But, yeah, that's my opinion, I guess.
Okay.
Yeah, no, fair.
I mean, I think that at least, look, I mean, I could just be totally, I could just be
totally naive here, which is like, if, I mean, you guys have listened to me trade for like a
long time here, you know, I'm about the definition of a mid curve, I think in a lot of senses,
but I mean, like what they're talking about, what Paul Atkins was talking about is basically like
creating a path for projects to be actually decentralized and like giving them the windows
to be able to make this stuff happen and not have to jump through more hoops.
Like I get where Cat5 is coming from with like, I mean, I think he's joking in part
as well.
But but like what what like Kamala and like Gary Gensler and like the antipathy towards
crypto was creating was hoops for companies to jump through that were actually
making decentralization harder, right? Because you have to like split your resources, you have
to create a labs entity that's based in the US, and then a foundation that's outside of it,
you don't clearly have value accrual back to the token, that's bad, not just for the companies,
but for users, for people that are involved. If you take away these roadblocks and you have the SEC giving a pathway for projects to actually become licensed and registered
in the United States, you can have more proper disclosures. You can have a sense of what maybe
the market making deals are that are going into token launches. You can have a sense of like what
the supply is, whether the founders are selling or not. They're probably going to have to publicly
disclose those things. Like it's all just going going to be overwhelmingly good, even though there is more regulation and there's
a path that it can veer off to become negative. But I think that all of these things are things
that we've been wanting and desiring for the longest time. You could have a Pump Fun launch
where you actually know what the revenue is that's going to flow to the token.
You could know if like Alon is like dumping on your head or like sold his allocation like in
secondary like before going into it. I'm not accusing them of doing that, right? But like
you could actually have all of this clarity in the same way that you could with like a Figma
launch happening. You could have Figma launching, you could have Figma launching, a going, like doing its IPO or, or circle and doing that on chain to where you could actually
have purse exposure via hyper liquid or something like that. Maybe via like, you know, purple or
Drake or something like that someday, right? Hey, that would be awesome. Trading pre-market so
that you can get price exposure to IPOs that you're bullish on,
theoretically, whether you're based in the US or outside of the US, and be able to get access to
tokenized stocks within the US from anywhere in the world. All of these things could be
overwhelmingly good for everything that we've been desiring to see happen. You can get out
of this world where... I guess what I'm just saying is the system that we have been desiring to see happen, right? Like, and you can get out of this world where, like, I guess what I'm just saying is like the system that we have, what my argument
is less like crypto is so good, which I do. I actually do think crypto is so good. It's more
like the current system that we have. It's so bad. It's like so unfair. It's like investment
bankers and insiders and all these people profiting off of like IPOs and all these like financial
systems that we have running right now. And I think that crypto will actually create more,
it's more opportunity to be advantageous to the little guy. There's also probably going to be
more opportunity to get wrecked. Because the reason why you have these like centralized systems that
are like really challenging to become a part of is because there's a lot of risk involved, right? So we will probably in some ways, I feel like have
the ceiling raised by more opportunity being given to the little guy. But also like you have
the opportunity to probably like get wrecked. But I think that that is like a net good for the space
to like break down these barriers and have crypto become the place where it is allowed to flourish. And just the
last thing, I just think that there is a premium on decentralization being given in the language
and messaging that Paul Atkins is talking about, with regard to saying that self-custody is an
American right. You can be afraid about a cashless society. I probably am at a base level.
But if stablecoins, we're already moving towards a cashless society, I probably am at like a base level. But if stablecoin, we're already
moving towards a cashless society. In a lot of ways, we already kind of essentially are
a cashless society. And crypto is a better cashless society than your bank owning all of
your money or your credit card owning all of your company, like having the ability to like actually own your money, even though self custody is not right for everyone. There's greater risks,
but also greater upsides in terms of being actually able to like hold your money yourself
and like know that it's not being controlled by like a third party and everything. So we just had
the Calvary come up in, in, uh up in Nick Lachey, which is fun.
I'm just totally spouting out of my butt here.
But yeah, I don't know.
Nick, feel free to jump in.
I don't know if you have any big takes here on Project Crypto.
And then we've got a bunch of other speakers that I want to hear from.
But yeah.
Yeah.
I'm just here to see if my setup won.
I'm just here to see if my setup won.
You didn't even do the setup.
You didn't even do it.
You don't even like participate in any of our events.
You just threw a filter on it.
I posted my unique setup.
That was literally my setup.
No, it's very different.
It's just, yeah.
Mine was more purple.
Thumbs down.
Thumbs down.
Kick him.
Kick him.
Okay.
Okay.
We're keeping this.
Give us your thoughts.
Be real.
Give us, give us, we need your brain.
Yeah.
Did you have any project crypto takeaways, Nick, from your setup?
Yeah.
So I don't know.
I think it's like a longer thing, so I'll just keep it as short as possible.
Maybe just like top line.
So I think whenever you have government institutions starting to back, I guess, like open access or clarifying rules.
Obviously, that's good for the space in terms of it opening up more avenues for companies for revenue.
But it's also like America is heavily lobbied.
So at the same time, right, like banks will benefit, like historical institutions will
also benefit.
So my general thought is like all the capitalist markets will also benefit.
My general thought is like, all the capitalist markets will also benefit. And I think sort of this notion that it will just be beneficial for the things you believe in is always not true. It's with anything, right? It's like if the medical industry, and let's just talk about the US for now, because it's like, obviously, legislation doesn't go further than that. But even the medical industry, if you think about it, like, there's a lot of positives that come out of it, but there's a lot of negatives as well. Are there benefits to people?
Sure. Are there huge corporate benefits as well? Sure. So I just don't think it's like a,
is it good or a bad answer? I think a lot of it is in the gray, but I do think it opens up avenues,
but I also think like it's administration based. So much like anything, we'll see again in four years where stuff stands.
I do think there is a benefit to keeping those types of components
as kosher as possible.
I think that's one of the benefits of Monad.
I think they're trying to be built, regardless of regime,
for it to be able to withstand that.
I think that's critical.
Generally, I take that news. It's positive for our critical. But yeah, generally, like I take that news,
like it's positive for our space.
There'll be growth, all those kinds of things.
But along with that comes all the other institutions
that probably like people that have been here
for multiple cycles, like, oh, like we're against
historical banks and structures.
Like those all benefit too.
Like that's clear, right?
In the same type of components.
Like you get both those things together, you can't separate it. And I think of healthcare and right in the same type of components like you get both those things
together you can't separate it i think of health care and pharma the same way so that's kind of my
take yeah right on that's my quant um sophie please jump in wow wow, I'm invited to say something. I'm as quiet as I've ever been in my whole life. And Nick Lachey comes on stage, asked to speak, doesn't have anything to say. It's prompted again to speak while my hand is raised. Like, people don't see me hands in the air. Like, I just don't care.
now as we're rounding the corner on the the the half hour market which you know i will must have
a meeting i'm asked to share my thoughts with the crew okay thank you for having me here
i was thinking the same thing we had people here the entire space nick comes up and Cozy's like, Nick, Nick, what are you thoughts? No, it's okay.
It's okay.
Nick is sending Cozy
some dollars under the table.
We've got some lobbying going
on. It's okay.
It's okay.
You know what, Nick?
Nick Lachey
DMs me a few weeks back and he's like, hey, would you do a vouch for vouch for me on Ethos?
And I'm like, yeah, sure, man.
I do it right away because I'm a good friend.
And Nick responds to me like immediately, and he's like, hey, I'm actually camping this weekend.
I'll do it when I get back.
And I don't even know if he's vouched for me.
I have not checked
Ethos, but a good friend.
You know what's okay? It's okay.
I texted KB on her birthday,
and she still hasn't responded.
Wow.
Wait, did you really? Yeah.
I did scroll
up, dude. It says,
I think I said
And I said something nice
I gave it more than the HPD
You know what did I say
I said holy fuck
I said holy fuck it is your birthday
Happy happy happy birthday
Wait where did you send me that
On text on your birthday dude
Oh I just saw it
Okay It was 9 o'clock p.m
i'm just saying i texted you mid crash out i was crashing out and i paused i paused from my crash
out to say you know what so if you don't be fucking selfish it's kb's birthday so it came
from the heart and i love you you. I'm so sorry.
Yeah, I was catching up with, like, a ton of DMs, but then, like, I guess my text kind of got lost.
That means I probably didn't respond to a lot of people on my text.
And I was, so yesterday, I was responding to everybody in my Discord DMs and my Telegram DMs.
And so, like, I was, like, horrified.
Even Acer was like, wow, you respond, Acer
wished me happy birthday.
Um, and he was like, wow, like you took five days to respond.
Like, and then, you know, I get a birthday wish from Nick Lachey.
Oh, but you responded right away to that.
You said Nick Lachey.
No, I didn't.
He said, let's bring him to the stage.
Nah, it was four days.
Like I, everyone took away four days like i i everyone took
great four days thank you um and nick was like oh happy birthday you're one year closer to death
that's what he said and then like i'm like wow okay and then liber is he here liber sent the
sweetest birthday message and i was like oh my god thank you liber because i wanted to kill myself after
i read nick's um birthday wish i didn't send you a personal birthday message because i was
sure that you were not gonna read this so no that's that's smart yeah that's smart wow honestly
like moral of the story is kb is way too fucking popular to respond to your messages.
Unless you're Nick Lachey.
Moving back to crypto.
The SEC.
Policy.
Blah, blah, blah.
Wait, I just...
Wait, I'm just looking...
Also, I will just say Nick Lachey did vouch back for me.
So, shout out to Nick Lachey.
I just was trying to not derail your space with my nonsense.
Okay, okay.
I just want to say this for the record.
July 31st, KB's birthday.
This was my message.
Happy birthday.
Many exclamation points.
Like eight or nine exclamation points.
Did you get a response?
Hope it's a great day.
8.30 a.m.
8.47 a.m.
Thank you, Kozy!
Two exclamation points. I'm going tolamation points so i'm pretty proud right now
because i have a very like i have a very routine it's actually very unhealthy routine
where and i usually wake up around like 8 8 30 where the first thing I do is check all my messages mostly for
like work and like you know like I check my telegram and then I check my slack and then I
check discord just in case something wrong twitter I don't even look at if you're if you're sending
me a twitter dm I will never look at that um so those are the three that i check and then also cozy you are like on the top of my list
right so for a telegram you have like the um for telegram you have the folders and you can like pin
each folder each person so i have like a you're actually in my i have a main squeeze that's one
folder i have kuru and i have monad let's go and then i have citcoins and so like all my crew
i was obviously so what folder am i on yeah sophie you're not because you don't well you don't
telegram me no i i really i as much as crypto as i am i don't i'm not a good telegrammer and i'm
honestly my the best now like i i'm the most responsive on telegram just because like they
let you kind of organize it so cozy, Cozy, you're in my main
squeeze folder.
So, like, you're always on the top.
That's elite. I can't even lie.
I'm jealous. Like, maybe I'll Telegram you
more just so I can be a main
squeeze. I think you are.
I have you on
main squeeze. You just, like, don't
message it there. I'll do better.
And Sophie, you're actually sorted into secondary squeeze. You just don't message it there. I actually started this phone and Sophie, you're actually sorted into
secondary squeeze.
Okay, guys, I have to go. It's top of the half hour,
so I got a meeting. All right. See you, Sophie.
Love y'all. All right. Peace. Bye.
Okay, we're kind of off the rails, but I do... Okay, we've got
enough time to where I think we should do i think it's time i
think it's time kb i think it's time to show us your training setup winners and then we can we
can jump back into the convo because we've still got a lot of people that to hear from and can i
say something about this contest yes i'm very sad that i didn't participate but what happened
is that i was expecting uh like a package from Mona Foundation
from the pluses, six pluses.
And I had the idea of putting the six pluses,
watching the dump chart on Kuru.
And like one hour before the competition ends,
the UPS, I called them, they were like,
we will deliver it today by 7 p.m.,
which was the end time of the challenge.
And then they updated on their site.
They said, we can't bring you the pluses today.
And I was very sad, so I forgot to participate with something else.
And you should make this event last two days longer.
Sounds like an excuse.
Wow, so you're just blaming UPS.
You're blaming...
Yes.
And beans.
I blame beans, beans, because he jinxed me.
He told me you will not get it.
So I blame beans more than UPS.
Wow.
Well, I mean, hey, participation points, that would have...
I mean, chaos, I'm just going to say that would have been a banger.
You would have for sure won.
You would have for sure won. You won the first.
I know, man.
I know.
I know.
That's the same thing.
Oh, man.
That's okay, though.
We've got 10 deserving winners, 10 people that were in on it, in the game.
And so I'm excited.
We've got this list ready right in front of me right here. So I'm going to read it
off. I will start with, listen, like I said, this is not ranked, but the people were deserving
all around. But I think that this person put the most effort into it. They had two submissions.
One of them was a video and one of them was just like a cool setup from like on top of a hill.
They may or may not be wearing a schizo poster. NFT is their PFP right now.
So the first winner that I just want to shout out right here is my man Grim Jow, 0x Grim Jow, who is our first winner of the kuru t-shirt and before i get in any other winners the way that i think we'll run this is i think so kb is handling the logistics for us on this front
so we'll do something like a google form or kb will get in touch with you and uh we'll work out
all the logistics for am i wait do you have them all because i don't have the list no no i have
i have them all i'll get are you gonna are you gonna print it i'll give you the list. No, no, I have them all. Are you going to print it? I'll give you the list.
You want me to print them?
I mean, yeah, I mean, that would be clutch.
Here, I've got most of them.
I've got most of them bookmarked.
So I can, okay, boom.
I just shared Grim Jowls.
Boom.
Grim Jowl, winner.
Boom.
Next winner, Jessica.
Jessica underscore in or.
This is where she mires the slip from.
Great setup.
She has a Mob the Club shirt.
She's got a chog.
She's got a moose.
She's got a shirt or a towel or something
pretty epic she's so creative so she definitely spent that whole week like making these shirts
and creating art and she even if you look at the top there's a little um there's a little
crew monster that she that she painted so super cute so cool so cool. One of the OGs of the Kuru community who has an awesome claw monster
graphic set up next to his set up here. Our next winner is Vinz the G. Vinit the G. My man. My man.
Pin to the top. There we go. Sweet set up. Sweet set up. And Weezer Time allows him to draw some Kuru art as well. Great setup.
Great setup.
Going with our next winner here is Dimaflex.
Dimaflex, the at is Demoflex.
His Kuru Exchange swag trading setup, Milondax sitting next to him.
He did the setup in green, and he's got a little boo-boo back there,
which got him some bonus points.
So shout out Demiflex.
This is a great setup, bro.
I like the, and you had the double,
the double laptop setup with the swap page and the markets page.
So that was big time.
So shout out to you, my man.
And then our next winner, I'm going a little bit out of order here,
but I'm still clipping.
Sorry.
There we go
our next winner is light lou light lou at light luff showing you all my crew theme training setup
no monster plus you have a mind's always watching from the screen this man i'm actually impressed
at how many people have like multi-screen setups i'm just working off of a map but kb's got like
14 screens that she's working off of so k KB is just like absolutely dialed in here.
So Lightloo, congratulations, man.
Our next winner, let's go with a basic one.
I just, I really liked this one.
This winner literally put the Kuru swap page on their TV.
And I think if you hadn't had the remote in it, I might not have given it
to you, but this is just like one of the funnier submissions. So shout out to Kiyotaka, Kiyotaka
Zero X. I will pin this, pin to the screen. Our next winner is Mirth Mano, New Jersey script writer. And look, he hit me with the kids
back from camp, office under construction, playing on Cougar Exchange from my bed while my wife
is in conference calls in the other room. Short-term setup, bullish on Monad. This guy had
a little, what is it? It's just a dog, Maybe a little Inago shout out. And then some kind of plushie with a Monad beanie on.
That was just a great submission.
Okay, okay.
We've got these.
I'm getting into the territory where I don't have these other ones bookmarked.
But I do have them on my list here.
So I've got our next winner is Techboo.
Techboo. Shout out at Techboo underscore.
I'm finding your submission right now.
I'm scrolling.
I'm scrolling.
Oh, here it is.
He's got the claw monster chilling on his setup here.
Great setup.
Got the green theme going.
He's got the wall lights going on.
And again, it was just that little claw monster on the laptop right now.
The double screen setup that just pushed you over the edge here.
Our next winner is another OG from just the Kuru.
Day one here.
Our next winner is, as I scroll their profile, Spina Andretti. Spina Andretti, congratulations. Great setup that you
submitted here. Spina sent us in a post, and not only that, he or she, Spina, I'm not sure,
had the markets page open, but also I think printed out the monitoring the situation teacher,
which was just a great little addition here, really pushed you over the edge here. I hope that that little
sticky note that you have on your Dell desktop there does not have any sensitive information.
You should probably just go back and check that just in case here. And then our final,
our final winner is my man, Drunkowoo, Drunkowooo which is a crazy name but uh he had the the kaido
um a little plushy on his setup another double setup maybe a penis drawn on the markets page
which i looked past because he edited a clob monster onto his setup here this was a great look
and uh so i'm a big fan. So, guys, that's how we can win.
Shout out to Ving, to Jessica, to Demaflex, to Grimjow, to Lightloo, to Mirth Mano, to TechBoo, to Kiyotaka,
Spinat Andretti, Drunkawoo, and everyone who participated in the Show Us Your Trading Setup competition.
We are very excited.
And if you did not get selected, just know we super appreciate you.
Thank you for taking a picture of your setup
or a video or whatever effort you put into it we're very grateful there can only be so many
winners but we appreciate you all and this won't be the last chance to win or earn a way to be able
to get some sick kuru merch kb is going to be doing actually some leg work on that in the next
few weeks just to get our merch game going um as we go into mainnet here. So there's going to be more Kuru t-shirts and opportunities for swag and all
that good stuff coming in the future.
So yeah, guys, it's been super fun.
So thanks for leaning into this with us.
Yeah.
And the 11th winner is definitely me.
Oh yeah.
Oh yeah.
Apparently I could win without the six pluses.
Junkies one is just a very mid um junkie was like he didn't yeah i didn't have i mean like i didn't really have anything
on crew i mean i have like some on ad stuff um but yeah congrats guys oh yeah super fun super fun and yeah i mean like and also daniel had a great
submission as well but daniel's on the team so he's gonna get a t-shirt anyway so we're so kb and
daniel had two of the best submissions but uh but yeah we can't you guys are you guys are employed
you guys are fine so nick lachey what's up? Yeah, Nick, you did not win, my friend.
I'm sorry.
The filter did not get you over the hump there.
I just, you know, I'd like the process of how you guys selected to be audited.
I just feel like it just seems a little unfair.
So I just wish there was more transparency in this decentralized world we want.
Just about the selection criteria.
So that would be great. Thank you.
Okay. I will actually give you the selection criteria. So look, I will say Kuru is a decentralized protocol.
However, Show Us Your Trading setup was an extremely centralized process with a single point of failure, high bust factor, which was cozy this morning, sitting down, going over, brewing his pot of coffee while his kids were flying around all around him, screaming, crying.
My wife was making them breakfast.
I was sitting at the kitchen table and I used X radar. Do you guys know radar? It's like a
premium plus feature and you can go back and like look at everybody that's tagged you or used like
certain keywords. And so I went through all of the entries and I went through the ones that I'd
already featured last week and I picked the best ones discretionarily. That's literally how this happened.
But like I said, there were a lot of good submissions.
I did look through all the way back to the start of the competition.
And so I will say that this was a bit of a centralized sequencer kind of deal going on right here.
But I was clipping absolutely 100,000 submissions per second.
So it was very fast and cheap.
But, yeah, it was good.
Okay.
Also, before we get back into it,
I did pin up my engagement bait
for me to be able to throw a party next year
for me and Vi Bob's birthday.
Let's go.
Yeah, and like this...
Look how cute our photo
is. That is a
sick picture. I forget
that you've met the guys. KB, you've met
the guys in person and I still haven't. That's
like too funny.
That's awesome. Yeah, we need to...
We're going to get the company off-site going
sometime here. That's going to be a movie and I'm actually docs now. So we could even, we can actually put out
a team photo. So we'll make it happen. I think that I will probably get fired if I don't have
the mustache by the time that we go back to the company offset here. Cause Rohan is very, uh,
invested in my, my mustache and he, well, he is the boss, one of the big bosses so we'll see maybe we get it back but
um yeah and shout out dev who wrote like a really good write-up on uh kuru's um gas
optimizations for um for market makers recently if you didn't give that a read and you're more
on the technical side you definitely should i also would just commend you guys i'll actually go
and uh right now probably a lot of you guys saw it, but Thogard, who is from Fastlane,
wrote up just an awesome YMonad post yesterday that got 1.3 thousand likes.
It's like a total banger.
It's very long, but I highly recommend you read it or throw it into chat GPT
and get the Sparknits version because it is not only a great write-up
from someone who is both like technical
but practical and has a lot of pedigree and experience in the crypto and MEV space but
it's just like a great post that even though I didn't write it I was sending it to people like
I sent it to my dad I was like dad read this like this is cool this is why we're building
on Monad and like I sent it to a guy who I know in real life, who's a software engineer,
who's like familiar with, uh, with like the space and everything was asking me about Monad's
technical moat. And I was like struggling, but SoGuard is just like a great representative for
the space. And, uh, Fastlane is, uh, one of the projects that I personally am most bullish on in
the Monad eco. So big shout outs to the Fastlane team.
So that was really cool as well.
Yeah, I mean, hey, we can hard pivot back.
I don't really have much of an agenda for the rest of the way here.
I don't know if anybody else wants to pick up the conversation on Project Crypto or otherwise.
but i mean chaos walker's got his hand up so so jump in brother yo yo yo would be great to make
But I mean, Chaos Walker's got his hand up.
So jump in, brother.
Yo, yo, yo.
fravasi do one post like that like this post of fogart was like the only thing uh i could like i
sent it to all outside of monad uh crypto friends who are like you know because the timeline outside
of our bubble is kind of uh like they don't see a lot of things about Monad.
They're fadding for many reasons.
They don't know.
And this post was actually very good to, you know, send to people and tell them that, you know, look at this guy.
Don't listen to me or don't listen to anyone who is, I mean, he's biased as well because he's building here.
But why he's building here?
Take your time and read this because it was a very nice post, easy to read.
It was big, but it also had a good flow.
Yeah, I think like every founder should find some time like and do things like that because
it's very, actually very good for the ecosystem, in my opinion.
I agree.
I agree, Chaos.
And as soon as I saw your post on Thogard's or on Fervaci's tweet that you replied to, I sent it to him and I was like, dude, you should do this.
So I actually think that he's going to be cooking on that because I agree that this is just like a great follow on to have more of this more of this content coming.
And I hope that as we I think like a lot of like Tunes and Bill have been talking about this, just kind of like the ephemeral nature of Testnet and everything.
Like it's kind of natural for people to be skeptical or bearish on a project while it's in Testnet and everything.
But I think that seeing the ConsenSys client come out into open source this last week with Monad and everything.
I just kind of I mean, like I think this is not like groundbreaking, but I just can feel the vibe shifting.
Like, I think that Monad is getting ready to come into its own.
And, yeah, I really hope we were able to just kind of BTFO the faders and everything and do it in like a generous way, right?
Like, I think we just have to prove it, that all of the hype and the FUD and all of these things, we actually just have to ship, right?
We just actually have to go out.
And that is just as much on the apps as it is on Monad's end.
But I think it's also on the community, right?
Like we have to not just like bicker and like take shots
at like other teams or protocols or whatever it is,
but we actually have to just go out and be a builder
and bring the space to as many people as we can.
But I remain more bullish on Monad than I have been in some time,
and I've been bullish for a long time.
So this has just been an encouraging week.
So super hyped up in that way.
Yeah.
Grimjow, your submission was legit at your – it was at your gym?
You were, like, filming at your gym while you were getting a lift in?
Yeah, kind of um
yeah so fortunately they're like the gym was quite empty so there were like very few people i knew
but yeah i was i just had this idea when i saw the poster was like you know my room is quite small i mean it, it's not cool, you know, to just take a picture of my laptop
because I just have one screen.
So I saw like all these pretty cool setups even before the contest.
Like I knew KB had like something like three or four screens.
I was like, I need, you know, to think out of the box
and to make something that
is like cool but with only one screen so uh yeah just just went to the gym and um yeah i kinda i
kinda think um which the peak autism because um yeah a lot of people um i mean all those who were
there would think i'm kindaarded, but it's fine.
They just don't know it's about Kuru and yeah.
No, right on, man.
Hey, dude, you're one step closer to onboarding
the jacked normies at your gym.
That's awesome.
It was a great, it was a killer video, dude.
It was so sick.
I was like, when that came through,
I was like, oh, if this contest only produced this video which
produced even more i was like this was worth it because grim jails of peace and also brother you
were looking large you were looking large and in charge so shout out to you man thank you because
oh yeah oh yeah how are things over in drake land bro i see you guys have been um okay so you guys
are on like private you guys are on like access code only or like, yeah.
Yeah, kind of.
I mean, like we are still in the private phase.
We initially plan to release the public testnet earlier,
but we had some liquidity stuff to fix.
And we also want to add some new features
so it's taking a bit longer than expected but we yeah we want like the first impression is
probably the most important so we want to ship something that is uh between between like
a great product and something that is, you know,
like the minimum required for shipping something public.
So, yeah.
So now it's, we have a few people who have access
for the private testnet,
but we haven't released any public access.
Not yet.
It's coming soon.
I cannot give any dates,
but it's coming pretty soon.
Well, that's exciting, dude.
I feel like it's hard
because I'm bullish on Drake
and I'm bullish on Purple,
but dude, I would just say
maybe you guys did a brand refresh
in the last few months or something, but the Twitter page just say like your guys is maybe you guys did a brand refresh in the last
like few months or something but the twitter page just looks super clean i really like the
the banner photo and the logo looks awesome and the people's perp decks is a great um
it's a great little tagline there and putting the sex and perp decks like that those are both just
like super solid so big respect for the clean social media presence which i always look at
and you guys definitely have a great graphic design team because even the pin posts look super good.
So, no, man, that's awesome stuff.
Yeah, yeah.
Big shout out to our designer.
I think he's not in the space now.
But, yeah, he's very talented.
He's shipping very fast.
And, yeah, he's very good. Let's shipping very fast. And yeah, he's very good.
Let's go.
Big time.
Big time stuff.
Big time stuff.
Yeah.
Hmm.
948.
It's a good, good space.
Good project.
Crypto.
Like actually, Sophie was saying this.
Like, I think this was actually at least like the first like 45 minutes or an hour, KB.
This might have, not to, look, I'm not trying to pat ourselves on the back,
but this was one of the like more thoughtful spaces that we've had thus far,
which maybe is not saying a lot because the bar is like maybe pretty low in that regard.
But, but Roger Crypto was a great, was a great thing.
So just shout out to Moonboy.
Shout out to, what was that guy's name?
The Autist, whatever.
We had a little...
Turbo Autist.
Yeah, he's an old friend of mine.
I've known him since when FTX crashed and Solana was like $8.
He was one of the homies in our cope spaces that we did every
night during like the bottom of the bear like we all lost some money like uh what are we doing but
he's actually a really talented dev um he went by a different name and had a rebrand but yeah
you know how it goes um but yeah he's the homie right on right on what's up junkie what's on the what's on the
menu for this weekend what are we cooking uh i think i'm gonna do burritos this weekend
i'm gonna go to the burritos um they're gonna be revamped burritos very different much bigger
brioche burritos no definitely not brioche burritos uh i'm gonna post i made a
olive oil lemon cake i'm gonna post that today probably wow
nice yeah i'm just here i'm going uh kind of twitter space to twitter space today just
uh begging different projects to sponsor my flag football team and buy me a meta Ray-Ban so I can do POV football live streams.
No one.
We can probably take care of that junkie.
Oh, hell yeah.
You want a badge?
Yeah, I'll take a badge.
We're giving away some badges
nice what are i don't know i don't i don't think that that's
i'm kidding i'm kidding yeah i would love to i think uh kb llc is interested in uh sponsoring you
though yeah well uh i'll get my my team outfitted in nice uh pikachu jerseys
yeah right on right on it says like it says like presented by crypto baby corporation
yeah well if it helps like we're not you know a bunch of chumps we're we're first place in the
league we're undefeated uh we won last night. Technically, there's only three games left,
so you wouldn't be getting much bang for your buck.
But, yeah, you'd be sponsoring a good team.
Well, dude, that's fun.
I wish I was a part of a flag football team right now.
Oh, here's your opportunity.
I don't mean...
It's going to be a financial part. I don't mean it could be a financial part i don't mean
when i said i don't mean oh i'd love the opportunity to sponsor a football team
dude i want to play i'll i'll immigrate i'll come to dude i'll be an illegal immigrant to
join your your flag football team i would let's just i was the i was the backup quarterback
of my uh grad school's flag football team. So, I don't know.
I've got some arm talent.
There you go.
Yeah, our quarterback was out yesterday.
So, you would have been perfect.
That's right.
I would have been in there slinging picks and tutties.
Slinging leather.
Yeah, dude.
You know it.
Letting it rip.
They'd be like, oh.
Isn't there like an age limit?
An age limit?
No, there's not an age limit.
Thank you very much, you little rat.
But yeah, flag football was added to the Olympics, the next Olympics.
So I'm trying to get warmed up for that.
Take a shot at the Olympic team.
I'm young, dude.
What?
I'm young, dude.
I'm not 30.
Yeah, we're not 30, K.
After you saved your mustache, yeah, you're young.
With the mustache, you're kind of old.
Dude, so they wouldn't have let me pass.
The Mounties would have stopped me.
They would have said, hey, dude, you're too old to play flag football, dude.
This is over.
Maybe you could.
If Janky plays, he's an old guy, I guess.
I'm not even 30, Chaos.
Yeah, okay.
Dude, I'm young.
28 is young.
Yeah, 28 is young.
It's only three years away from me.
Three years are a lot, you know?
Three years is two years.
Chaos, I thought you were an accountant, dude.
Did you just mess up how far 28
is from 30? No, no, no.
From my age, from 25.
Oh, okay. Okay.
Alright.
How many teams in the league,
Chungi?
I think there's 10.
I don't know.
I mean, it would make sense to get, you know, some Kuru t-shirts there.
So then, you know, in the victory circle, you could be wearing those.
Do you get a trophy?
Do you get a trophy or is it like, do you guys pay money?
I don't know.
Yeah, yeah.
We did have to pay to join.
I don't know what the prize is besides glory.
Yeah, I just feel like it'd be so sick to do like a pov live stream of football i caught a few real deep yesterday like 10 feet in the air
that would have been sweet and if you were if you were catching and yelling clog imagine
like that'd be so cool yeah clob on that sucker that could be my catchphrase
just how much are meta ray-bans how much do they cost i don't know probably like 300 bucks clob on that, sucker. That can be my pet phrase.
How much are meta Ray-Bans? How much do they cost?
I don't know. Probably like $300.
They're not that much.
Dude, come on. I think you can swing it.
I think
Junkie can swing it, dude.
Oh, what?
Are you financially insecure, Junkie?
No, but I'm not going to buy it.
I'm not going to spend $3.00 on glasses
just so you people can watch me play football.
Oh, dude.
It's like most Americans do not have an emergency fund.
They can't even afford a pair of Meta Ray-Bans.
They're living paycheck to paycheck.
Just so you know, by the way,
I just Googled and searched the Olympic team
from flag football in Canada.
I'm pretty sure, Jungie, you have no chance of going there.
Those guys are massive.
Bro, you've met me.
You know I'm an athletic weapon.
Yeah, but those guys are massive.
Well, okay, first of all, that doesn't matter because it's minimal contact.
It's minimal contact.
And I'm an athletic weapon.
Okay, Jungie, if I bought you meta Ray-Bans,
if I sent you the USDC for meta Ray-Bans,
would you actually wear it and stream flag football?
I would.
We would probably have to confirm that you're even able to stream in Discord.
Oh, okay.
Well, not stream, but you would post videos or you would post the footage
yeah yeah like i already wear sunglasses during the game so it's not like i would be worried about
that all right i'm saying i'm thinking i'm thinking about it i'm thinking dude let's talk
let's uh let's let's work this out all right we might have a fish on the line here.
Look, man, I just like it's look, it's August.
It's almost football season.
I'm getting I'm getting jacked up, dude.
I would look.
Nads support Nads.
I'll think I'll think about it.
But I do have family to feed.
So but I might be able to we might swing it. But but yeah.
I don't know.
Is there a let's see.
Is there a defy Act going on this morning?
I do want to send you guys there if there is anything fun going on.
I don't see anything from Abdul about it.
So maybe there's not.
But keep an eye out for Abdul going live with DeFi Act here. Guys, great space. This was fun. If you were here at the beginning,
you knew that I was kind of, I was, I was in the drags. I was not feeling it, but this was fun.
You guys definitely perked me up. We'll get after it for the rest of the day. Here's Wednesday,
another day closer to mainnet. I'm excited to just keep shipping lots of stuff that is fun in the works for Kuru on the product side.
But also, KV, we can't really tease too much right now, but we're actually planning kind of like a big campaign activation contest starting next week.
So definitely keep an eye out for that.
keep an eye out for that. We'll be launching. The plan is to launch on Monday. So Kuru Live,
We'll be launching.
The plan is to launch on Monday.
actually, for the next two weeks, will be a part of this little contest that we've going on. So
it'll just give us an opportunity to have some fun here. This will actually be maybe like,
no, yeah, this will be like one of our last big shebangs on Testnet here, I hope so. That'll be fun to dive in. So I'm getting hype.
Yes, yes.
KB hits me with the clap emoji. No response.
No, I was, I was, I was texting. Yes.
We have a really big activation next week.
So definitely keep your eyes out for that.
And it's going to be a lot of fun and there's going to be a lot more prizes
and things to win.
So you guys are
always asking for tasks and
things to do.
Sorry that I can't throw events
every day, but we'll be doing
these weekly activations.
Oh yeah. Oh yeah. It's going to be fun.
Okay, guys. Well, hey, thanks so much for hanging out with us today.
To everybody who submitted for Show Us Your Trading Setup and our winners,
thank you guys so much. We appreciate you. It's been a lot of fun and great to talk
through Project Crypto, the upsides and downsides that we can see from maybe some
further adoption here in the financial space.
And we'll try to see where things go from here and do our best. I think, guys, one of the craziest
things that I would just leave you all with is that right now with where we're at in the space,
whether you're a big account or a small account, there is a real opportunity for you.
Toons and Bill always talk about this, but if you're growing, you're following now, if you actually are trying to make an impact in the space, there's a real world where you can
shape the future of crypto, like in America, like that. And in the world, that's like a real thing,
wherever you're based, you can be that like advocate, that point of change. And look,
I'm being kind of trite right now, but it's true. And so that should be your mission.
If you're worried about where the future of crypto is going to go or whether your government
is going to be pro-crypto and actually adopt it or maybe go against Trump for whatever
reason or all these things, you can become that advocate.
The space is genuinely early enough that there is real room for adopters and people to step
up in that way. And that's one of
my primary motivations, which is to push back against, I think, like this real spirit of
financial nihilism that is just kind of pervasive in our culture, just like worldwide today. And so
we should all take that as a mission for ourselves to say like, hey, let's leave the world a better
place. And I think that crypto is a primary vehicle for that. So we should all take ownership, take accountability in that way
and say like, hey, I'm here to make money, but I'm also here to actually make like a positive
change on the world. And I think that that is what Monad is all about. So let's lean into it.
Let's get after it. And yeah, just like try to try to make the dystopian reality that
KB has had a premonition
of not a reality. That is
definitely my goal. Yeah,
Chaos Walker, I'll let you close this out here.
I want to close you
out with an alpha that just
happened on the timeline
and go check narrative.
I posted something.
Whoa! I think it's for the community to know about it. Go check Narrative. I posted something. Whoa.
I think it's... Let's go.
Reintroducing Narrative, the first ever perpetual information market.
Oh, shoot.
Let's go.
They're live in private beta.
Narrative is going...
Okay, this is so sick.
Narrative is going to be like the.
It's kind of like the noise of Monad.
That's actually pretty sick.
I'm super excited to play around with this.
Shout out to King Louie.
Testnet is now live in private beta.
Just comment for an invite code.
Okay, we actually all need to go and comment right now. Because I'm trying to get on a narrative.
Wow, shout out Chaos for pointing that out for us.
That is big time.
Okay.
Good stuff.
go interact with,
with narratives product.
That's going to be super fun to,
to play around with.
They,
I think told us to put notifications on and that was for a good reason.
So yeah,
definitely go check out narrative and guys,
we'll be back next week at nine 30 a.m.
Eastern standard time with another episode of crew live.
Stay tuned for Monday. We'll be back next week at 9.30 a.m. Eastern Standard Time with another episode of Kuru Live.
Stay tuned for Monday.
We'll be dropping our next contest campaign activation, whatever you want to call it.
And we'll go hard from there.
So, guys, it's been great hanging out today.
And, hey, have a great rest of your Wednesday.
And we will see you all again soon.
