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Kuru Live! - Respect the $PUMP
Recorded: July 16, 2025 Duration: 1:27:40Space Recording
Short Summary
Crypto market surges as Bitcoin approaches $120,000 and Ethereum hits $3,200, signaling a robust growth phase. Coinbase enhances its social media strategy with a new CT lead, while Pump's ICO sells out rapidly, reflecting strong demand for new tokens. Partnerships like Fantasy Top's move to Base highlight strategic collaborations in the evolving landscape.
Full Transcription
Thank you. you I need them, I need them, I need that. I I know while I'm staging them, you guess me? I need that, I need that, I need that peace I got the story for steps, where they copy these soap
But they do that it's a new floor, imitation don't flatter me
But it's cool though, who'da ever left a guy
Lived in my studio, with them in the coffin
Get them out of the zoom zone, yeah I got a half of the past
Of a Q though, lippin' like a boss right now, and like Hugo
I need that, I need that, I need that good and fast
When the plugs are big and sweet and
Fucking exclacent, please disleeded, getting impatient
Blood, everybody getting complacent
Leg work, step on the pavement, victory lap I'm back in the station, I'm really a psycho Patrick Bateman It's a place to be I Black Swan, Darren Aronofsky, Doc said he wants 16 for the pound, but I'm trying to get it under, wrapped like Saudi,
I start watching my damn is it cloudy,
four rings never came with an Aldi,
grills like Foreman,
I put my money where my mouth is,
and I don't want to smile, just plow me.
My new friends have gone mocked eyes,
what would I be without the guys we get fly?
Argue with thousands of times,
he sold rocks till the tears come out your eyes.
You know the haters hate when you're out of sight,
I hear them say we sold out,
if we sold out everything I said humble pie,
once last got a man down to size
Could've been a 30, could've been a cheat, should've never stitched right, put it to police
They're looking at you funny when you're looking down the street, looking at you like too, trying to see where they can eat
Me, I'm like, well, I will really with a game, you don't really want to actively behave
Whenever I'm saved, I'm gonna really get scared
I need that, I need that, I need that
I need that boom, right, kicks on the top, should've let's keep high tune, let's beat the beatbox, should've I thought you were going to cue cue me but that's my fault
no no no it went right into like the next song and i was like oh all right good morning what's
up cozy yo i'm good i just sipped my coffee i'm doing well very cozy here I will say it's a rainy day in the Midwest.
And life is good.
It's been really beautiful here, though.
So I'll take a little rainy day action.
KB, we have a pool.
So I've been swimming.
What?
I've gotten some goggles on.
I'm just loving life.
So you just moved into your new place then, yeah?
I did.
I did, yeah.
I got here.
I spent like eight or nine days here and then i had to fly back to the east coast for a wedding over the
weekend i was like kb my flight got canceled on sunday to come back sun country airlines absolutely
screwed they didn't okay i can't say that they screwed me they actually did me pretty
right they put me up in like a really nice hotel for free.
And I'm supposed to submit my receipts for food.
So shout out to them.
And they gave me a food voucher in the airport, which is pretty nice.
They gave me a $25 food voucher.
KB, I spent $24.66.
So I'm feeling pretty good.
That's dad mode.
Yeah, yeah. dollars and 66 cents so i'm feeling pretty good that's that's dad mode yeah yeah i don't know about these planes i was stuck in canada first first they take me to europe the worst country in the world and then they take me to
canada the second worst country in the world and i'm just like what is happening um so I don't know and
then I get like oh you're gonna go to Portugal skilly so you coming to Portugal I'm like
probably not then I get oh are you coming to Argentina probably not you guys can come down here to Miami for the next meetup.
I'm over it.
Real.
See, KB, this is why I've never had a passport.
I've literally never left.
I've never left the country.
I'm a total, I'm an American born and bred.
What can I say?
But I do need to get a passport, I think, because that actually may.
You've never left the country?
Okay, cozy.
I've never left the country, but to be fair, I've been to California.
I've been to Alaska.
I've been all over the U.S.
So, I mean, that's like, you need Europe like 50 times over.
So, Europores stay losing.
But I'm just kidding.
I'm just kidding.
We love you.
But, yeah, no, I actually haven't.
Junkie gave me a thumbs down.
Junkie, you didn't even come pick me up from the airport.
You didn't even rescue me.
Wow.
Junkie banger yesterday.
This man is in, what was it?
Athletic weapon.
Just a beautiful post.
Really well done.
But, okay, we're doing good.
Oh, Jungi's here.
What's up, Jungi?
You dropped your AirPods in your chicken, bro.
That's crazy.
I dropped one AirPod in my chicken, not both.
Not both.
Twice.
I just wanted to disagree with the sentiment, KB sentiment,
that Canada is the second worst country in the world.
Not to say that it's the worst country in the world. Yeah, that was very offensive.
Our prime minister, our nation's leader is not the one who is currently actively defending and
protecting pedophiles in front of the entire world. I just want to point that out.
Okay.
Wow, the way that he closes that off, I just wanted to point that out.
That's crazy.
Sorry, KB.
I cut you off.
No, I had nothing to say.
I mean, it's a fair point.
It's a fair point, Jungi.
I mean, the memes that are like, God saved Donald Trump's life so he could destroy the United States like that. Those are like too crazy, man. It's ridiculous. But hey, guys, we're here. It's crypto week. Trump said it's crypto week. So I think we just fall in line from there. The Epstein list may or may not be real. We're not going to get into that.
list may or may not be real. We're not going to get into that. Luckily, every once in a while,
you're like, crypto is pretty intertwined with politics. And people have been talking about that.
I feel like it's died down on the timeline right now. I'm a pretty big politics guy. And this is
the time where I'm just like, I'm so glad that I work in crypto right now. This is just, yeah,
I don't really want to have to just like yap about stuff it's
it's just too that's just too depressing man we're just not we're not gonna go there so instead oh
you know what's much better to talk about this will make kate like pump fun is like kb's epstein
list kb kb it was like i was like
one of the first users like for real and one of the first haters no there's been haters before
that i was when i was making money i wasn't hating now i'm not making money so i'm not like you know
what fuck that but yeah i was like definitely one of the first users I remember it came out it was like the first week and like Alon whatever he was
like DMing people and he DMed one of my friends and they're like yeah I don't know it's really
sketchy you can just like make a coin I'm like wait what and like yeah it was really weird um
I was like I'm not making a fucking coin you guys are crazy but we definitely made money off the coins they were making um but good times yeah i mean i definitely still i it is sometimes like
the reality does set in where where like i still have this you know like i didn't do boop.fun we
talked about boop a few months ago what that's that's a callback bro that that lasted like not
even 24 hours and it was so real that like you know they were like hey cozy you got an eight
thousand dollar airdrop and then like if you had claimed it is like maybe two or three hundred
dollars i mean i don't want to be smirch two or three hundred dollars but like the juice was
certainly not worth the squeeze there but like there is this world where i think that the u.s u.s citizens still and probably rightfully so
have like ptsd where they're like i can't i can't launch it i can't launch a coin like i'm gonna go
to jail and then you're like wait the president of the united states the president has a meme coin
like and he's he's incentivizing the meme coin i still don't i'm still not entirely
convinced like i get it but like we're still i think that we're just still in such a gray area
even though like trump is the president and like he launched a coin himself like he's the president
like he's literally pardoned from essentially pedophilia not the normal fucking
American citizen so I still like I'm not entirely convinced that like there might be some repercussions
in the future when like things change but you know I'm just gonna play the safe route I don't
need to launch a coin I can just trade them um but yeah
i don't know do you have do you know nene do you know hamsters um are allowed to launch tokens
great question great question i at this time am not sure i will research that today and get back to you because I would like to know.
Yeah, you know, it's funny because yesterday I was having a conversation with my wife about the market and just like what's going on in crypto and everything, which is always a dangerous proposition.
But my wife was like, you know, like, OK, you're working in crypto.
I was like, yeah, you know, like things are, you're working in crypto. I was like, yeah, you know, like,
things are pretty good in the market right now. And also a lot of people are talking about,
you know, like CT leads and like yappers are valuable and all this stuff, which we've known
for a while now. But we'll talk about this in a little bit. But the Coinbase hiring of Alex as
the CT lead kind of like brought that to the forefront. And my wife was like, I kind of feel like your job is like tied to like Trump's presidency in some ways. And I was
like, well, that's kind of fair. But like the crypto did pretty well under Biden trying to
like actively destroy the industry. So like we definitely have some staying power in that way.
And so really, I think what is interesting at the inflection point that
we're at right now is that there is a real, now we've got some time, we've got some runway here
in terms of the next, you know, three and a half years or whatever it is with Trump in office. But
that I think is really where legislation really comes to bear. Like we really do need, this is
not some profound point that I'm about to make, but like we really do need like stable coin legislation and especially like a market structure bill.
I don't know if you guys saw, but Dan Robinson from Paradigm was on the Hill maybe a week, a week and a half ago.
He was a really neat guy.
I got to talk to him during the fundraise process and everything.
He was one of the early innovators
helping to make Uniswap a mechanism design. And so that's a pretty sharp guy to have in your
corner. And he was just talking about how the US needs to lead in DeFi. And we've been basically
abdicating that. And if we don't, someone else is going to in terms of the world, which again,
is not necessarily a problem, but you at least expect the U.S. to be probably the most like fair and free in regards to those policies that are
going to come out. So I hope that really hope that a market structure bill does come so that,
you know, like, look, I don't want to. But yeah, like there is like the president AOC world or
like something like that. I mean, look, I don't have anything personally against AOC. She used to be my representative for a little bit. I lived in the
Bronx for a time, but, uh, but yeah, like she would probably not be like the biggest fan of
like our, she would probably not be wishing us good luck on all of our crypto coins and everything
else that we're into. Isn't that what Trump said? So we really do need like some legislation to just kind of like carry the industry forward.
So I hope that that comes here soon. There's some interesting holdups. But I told KB that
we're not going to talk about Congress today. So that'll just the stablecoin bill is a little
bit on hold. There's some interesting things that are happening. But there is a really good
market structure bill that is in Congress right now being discussed and debated, which I hear
really good things from Gabriel Shapiro, who's a leading lawyer in the space. He's a leading
lawyer in the space, but he literally launched a Solana fork. So you're like, okay, maybe this is...
He launched Gorbogana chain. So like maybe like, maybe we are just psyching ourselves out.
I think I would feel more comfortable launching an L2 than a meme coin on Solana.
Damn.
I mean, yeah.
KB L2 coming soon to a blockchain near you.
Yeah.
KB leaves the Monad community and launches the centralized
sequencer layer two she's like guys it can do 40 billion transactions per second it's a web socket
it's uh it's the future of gaming on chain like uh you guys would trust me like migrate to kb chain
i think kb chain would slap yeah yeah no for real and it's just powered by
nini running the wheel i just stole her from but then i put a muzzle on her face though because
like she'd be chewing the wires at monad so she's not going to be chewing the wires at kb chain
kb launches kb launches an l2 in the cosmosmos ecosystem. So you have to download Kepler wallet to interact with KB chain.
You're doing IBC sends to get your stuff onto KB chain.
That would go hard.
But it'd be so funny because they'll be like, what does KB stand for?
And then you'll be like, yeah, so it's crypto baby but uh it's a k with a k with a k
but people ask me this shit all the time and that my response they're just like oh my god
yeah and the ticker is the ticker is lil for lil florida you're like, yo, I may... And you don't...
So you launch an L2 token, but you don't use it for gas.
It's just a governance...
It's just...
It's just a governance token.
All of them, I just go to my Coinbase account.
KB puts out, like, a governance proposal.
She's like, guys, should I have, like, Chinese or Mexican tonight?
And people are, like, voting on it. Oh, dude. governance proposal she's like guys should i have like chinese or mexican tonight and people
are like voting on it oh dude this is like this would be amazing for me actually i like this
tokens tokens are actually ridiculous like it is like i yeah look i'm not gonna go on a diatribe
about this but it is just actually crazy how little, I mean, utility is the only word I really feel like for it.
But just like the absolute vapor that we've been buying for so long.
And there was an interesting point that was made yesterday.
There really is like, I think now, and you're watching this with pump, I mean, not that it's value neutral, but but in a lot of ways they have been deploying buybacks the price action has been really interesting and good on pump and it
somebody was talking about i think from blockworks that like there really is like this hollowing out
it feels like of a middle ground that used to exist for tokens where now the really bullish
assets have really good tokenomics they They have the team committed to at
least, it doesn't have to be a buyback, but they're supporting the token, basically. You have to be
revenue generating and supporting the token in a lot of ways, although there are places for tokens
tokens that aren't revenue generating to still be good and to do well. I mean, ETH is doing well,
that aren't revenue generating to still be good and to do well. I mean, ETH is doing well, right?
right? But the middle ground of like these kind of like useless utility or governance coins is
really being hollowed out and probably rightfully so in a lot of ways. But then you still have memes,
right? Like memes are still alive and doing well. So you either have like truly fundamental coins
that we've been talking
about for a long time that actually exists now in a lot of ways, or you have memes. And like,
there's not anything that really is explicitly in the mid ground that is like pumping right now.
And that is probably how it should be. But I do feel like if you're kind of like a seasoned trader,
how it should be. But I do feel like if you're kind of like a seasoned trader,
and especially if you're around for like 2021, like that, that was like not the case, right?
Like, we were buying like, internet computer and but then again, to be fair, my buddy texted me
and I was trying to get the screen grab, because I think it would go hard. And like, he owns a few
hundred dollars of stellar lumens, this guy owns XLM, and it pumped like 50. And like he owns a few hundred dollars of stellar lumens.
This guy owns XLM and it pumped like 50% in like one day.
It's like the number 12 market cap coin in all of crypto, which I actually think should
probably be, you know, should probably be like encouraging to us.
Right.
Because we're like, okay, there's still like what XRP is still the number three coin.
KB, didn't you like talk to people that were like XRP this week?
I didn't talk to them.
But like, I just like went out, I'll go on Facebook like once a month or something.
I don't know, like, randomly, and I saw somebody essentially coping on the timeline that like,
they didn't buy Bitcoin bitcoin or that they didn't
hold their bitcoin from like the silk road days because you know they smoked weed and bought weed
or something on it and i i tend to tweet i see this comment of this guy just being like
well xrp could replace bitcoin what if bitcoin is considered a beta test coin all this time and the real coins
they want in charge are coming out now? And I'm like, what are you even talking about? Like my
brain, like I almost had an aneurysm reading this like comment, but it's just kind of like,
it just goes to show that people really don't understand understand the infrastructure of blockchain and performant chains and all of these things, right?
Like, no, Bitcoin is Bitcoin. Bitcoin will always be Bitcoin. It's store in value. It's digital gold.
Why is that so hard to understand? And XRP is not going to be the next standard.
But they're the most delusional army I think I've ever seen and
with no Twitter presence and they're just all over either like Facebook or Reddit um but yeah
I pinned that to the top it was one of the most ridiculous things I've read in a while um but I
will say anybody who is essentially not in the crypto kind of circle and just lives like a normal life.
And the first thing they do talk about is XRP or they ask what XRP like, oh, is XRP a good buy?
And I'm just like, no.
Oh, yeah.
Oh, yeah. I mean, you're right kb but the only thing that i think you're
um i don't want to say you're wrong but xrp is on twitter they are just not on our side of twitter
is like the big thing like they dude i've fallen into some xrp rabbit holes go like look at like
ticker pls like Go read Pulse Chain.
Go read about Hex and Cardano.
They're there.
There are guys or girls that you never heard of before. That's the same guys.
Yeah, well, for sure.
There's some e-girls there, and they've got 15, 40, 50,000 followers that are like how ada is going to become like the wisconsin stable
coin treasury and like just insane insane stuff and like i was i i won't lie i was like discouraged
this week or maybe last i like this it's like a um podcast it's pretty big it's called the sean
ryan show this guy's like a former navy seal he. He's kind of like Jocko. He does some like good podcasts and everything. Talking to like ex-military guys.
And that's kind of in my wheelhouse. So I listen to them for like motivation and like their cool
stories. And he had Charles Hoskinson on his show unironically, like two weeks ago. And he's like,
Charles Hoskinson is like a billionaire and a co-founder of ethereum
which is true he is a co-founder of ethereum um did they talk about his black hawk he i know but
he did talk about this like c mission i didn't i only listened to like a clip or two on like
youtube shorts which don't do that but uh but yeah and so he um but yeah and i'm just
like oh my gosh like these guys are literal scammers but people don't know that like they
just kind of see like oh he's a billionaire like he's been successful he's done all these things
and it is all just like a total facade and i think that this is a place where for vashi was
talking about this in our in our uh in our slack after we shipped flip orders this week this is a place where Frivashi was talking about this in our Slack after we shipped flip orders this week, which is a big deal.
We're super excited about that.
Alpha leak, we are going to actually be on Monite in the morning tomorrow talking about flip orders.
So come out for that.
We'll be on for the second hour of Monite in the morning tomorrow, which is going to be a lot of fun.
So come join us for that starting at 11 a.m. EST. And before that, I shouldn't leak anything else, but there's going
to be a really cool guest. So you should definitely tune in tomorrow. But we were talking about
shipping flip orders, which is concentrated Uniswap V3 style liquidity on the order book.
I can say more about it later just to give you guys like
a very brief like overview of what that is and why it's exciting. But I was trying to explain
this to my wife. I'm like, yeah, we shipped a new product feature this week. And she's like,
oh, what is it? And I'm like, it is incomprehensible to you. And it's not because she's
stupid. Like she literally has a master's degree.
Like she's much smarter than I am.
And it's just like, how do you explain?
Okay, so you're like, okay,
so it's concentrated liquidity.
And then it's like, okay, well,
what does concentrated mean?
And then what does liquidity mean?
And like, it's like, what are you even doing again?
And you're like, okay, yeah,
those are all fair questions.
So we just need to, that was why I put out the, maybe go give it a read. If you're, if you're new to crypto or new
to DeFi or even established in it, I tried to put out like a very basic overview of that yesterday
from the Kuru account, just to keep on giving you guys tools in your tool belt. And don't pretend
like as I was writing that and also talking to chat GPT to make sure that everything that I was saying was right, that I wasn't like making sure that I fully understood these things, even as like a growth guy for a DeFi Dex.
Right. But we just have to make these we need to just lower the barrier to entry to allow people to be able to understand quality.
And that's actually a really challenging
thing because most people are not financially literate. And that's like not a dig at all. Like
I for sure was not. And you never learn these things in college or high school or anything
like that. I mean, like I got to be like 22 out of college and I was like, I don't even remember how to write a check.
That's kind of important, right?
It's not hard.
Not anymore, but...
No, no.
Yeah, yeah.
I know how to write a check.
Well, I do still write checks.
No, I don't even think checks are that important at this point.
But no, you're...
Well, yeah.
No, no, they're not.
That's just an example.
But yeah, they're just...
Or even like, I didn't know, guys, I didn't know that high
yield savings accounts existed until like two or three years ago.
Like I literally just had my money in like a bank savings account where it was earning
like 0.4% interest or something like that.
interest or something like that. And that's like, they call it a savings account. It's literally
And that's like, they call it a savings account.
It's literally not, right?
not right. Like there are accounts that can give you like 3.8 or like 4% or four and a half percent
in like a high interest rate environment. And like, I just didn't know, I was literally just
missing out on like a few thousand dollars a year because I didn't even know that that was
a thing. Now that's just because I'm stupid. Right. But like, I feel like that it's the case
for a lot of people, or maybe you're in a context where that's not even something that's just because i'm stupid right but like i feel like that it's the case for a lot of people or maybe you're in a context where that's not even something that's available to you
in the socioeconomic world that you live in and that's why we have crypto in the first place right
it's not about being like you're not stupid like it's just it's just misinformed right and i think
a lot of people are because like you said like we're not taught that in school
like they don't they don't they don't teach us anything um i mean my my intro to finance was
literally dogecoin i'm yeah i'm right there with you cozy um we did i did pin that to the top um
about you know what is liquidity go ahead and bookmark that and read it over a hundred times because I know you don't understand it.
And that's okay.
And, you know, I'm reading it over and over and over again.
But, yeah, we need to simplify and essentially demify most of these things for the normal person to understand and, like, want to use these products.
Yeah, no, totally, totally agreed. And yeah, I mean, I really feel like at Kuru, we are,
we are and need to continue to like undertake this as a mission, right? And I think the entire
Monad community can and should, because I really feel like this actually all is connected to the,
Because I really feel like this actually all is connected to the, like, oh, like, we need CT experts and we need, like, you know, shit posters are good and all this stuff.
I actually think that the underlying cause of that, and Alex tweeted this this week, Alex on Chain, you should go follow him, he's a great guy.
and he was just talking about like if you are he said if you are normal and maybe like you can
shit post but you don't even really need to be able to shit post if you are just like a well
adjusted human being or even mostly well adjusted you don't have to be full you don't have to be all
the way there but if you can like care you don't and look this is not everyone but if there's not
a lot of people in crypto still that are people that you would
like to have at a dinner party right like that and that's okay not everybody everybody should be
themselves for the most part um but like that is important like we need normie translators we need
people that can actually like go out and like be good representatives of the space, not just in like, like not just on like Bloomberg or not just on like, you know, CB or whatever the, you know, like business channels and stuff like that.
But just like for your friends, like just to like sit down with them and like show them like what is actually happening on chain.
And it's very esoteric.
And it's also very intuitional. Like if you ask me what liquidity was, I could probably explain to you
the effects of it, but actually like what is going on under the hood. To be fair, not everyone even
needs to actually know that. But for us to understand those deeper mechanics and everything,
it allows us to be able to simplify it and to analogize it
and to turn it into things that are easy to understand for the average person, or at least
easy enough for people that want to and should understand it to be able to know.
And for people that don't really need to, you can just give them very basic concepts like,
oh, liquidity is like you have a pool of water and you take out a certain amount
and the amount that you take out is corresponding to how much the total amount of water that's in the
that's in the you know cooler whatever it is like how much it changes and stuff like that you know
um i i think yeah no i think i think too like this point, we're at in the market. And then, you know, with Bitcoin hitting these all time highs. Yes, it's there's a lot of attention back to us again, and people are looking to buy again. And so this is just the normal human psychology of like, oh, well, like, you know, what's next? And we are in a very sweet spot where people are interested but they don't know
where to look and they want something new they want and like monad is essentially positioned for
that yeah where if you understand the mechanics of like what these apps are how they can how they
can work if you can explain to somebody like no it, it's more than just, you know, internet magic,
internet money, like we're actually a part of infrastructure for like a new internet,
and the way we do things and the way we do finance and do payments and build apps,
they will be interested, like they will perk up. And you know, I had a conversation with someone
over the weekend that works in tech, and they're like, oh, like, what do you do? Like,
what's, what's Monad? Like, what's Karoo? And I just talked to them about it. I'm like, well,
yeah, like, this is kind of, you know, what it is. And it's a better Ethereum, essentially,
blah, blah, blah. You know, don't, don't go into just like L1 and perform it. Like, no,
just tell them it's a better Ethereum. It's it's evolving um and you know later on they're
like hey like i want to buy monad when it opens that's a little scary for me not gonna lie i'm
like uh maybe buy you know like but at the end of the day like we have to remember that general ct
while we have while monad does get a lot of hate, right, like, let's be very realistic about
this. CT is just one high school. And it's essentially a popularity contest. Like the
actual people here is the percentage is so small compared to like the rest of the world, where if
we do kind of break that bubble, and like, you know, people outside of this CT space can
understand and see what Monad is, like there is a genuinely good shot, right? Because these people
aren't necessarily jaded and they want something new. They want something to believe in. They want
to have like a good ROI and be a part of something that potentially in the next 10 years could take over.
It's not that hard.
It really isn't that hard.
There just needs to be a breakthrough.
And we have to ignore the rest of crypto Twitter. Twitter because it kind of, I mean, time and time again, you know, the normies, quote unquote,
will outperform the jaded crypto Twitter natives. Yeah. Yeah, no, that's right. And I think,
I mean, this is informed by conversations that we were having internally yesterday,
and it's not much of an alpha leak,
but you know, you're just thinking you're like, okay, like, how do we expand outside of crypto?
How do we try to get more net new users? Those are always good conversations to be having.
And I just refuse personally to succumb to brain rot. Like, I just don't, that's just not the answer.
Like, I just have to believe that
because I'm like a principled human being
that like actually like believes in something
that is even bigger than crypto in a lot of ways.
And like, I just will not as like a,
you know, director of marketing in the space,
put subway surfers on like a, you know, director of marketing in the space, put subway surfers on like a like
explanation of what crypto is, or like, whatever it is like that just cannot be the answer. I'm
just so I just know that in my gut, even though it is like cheap or easy. And again, I'm not saying
there's anything necessarily wrong with that. I just think that we have to, I mean, maybe there, I think there probably is actually, but like we, yeah, I just am like, we have to
think about ways that are exciting and interesting and cool, but that are not giving up on like
people and like their attention spans and like their capacity to learn. Even if it's like very
basic, it doesn't have to be complicated. It doesn't have to be
like super in depth. But I mean, and look, we have to know the world that we live in. And these
concepts aren't for everyone. Like people don't need to know, like if you just see a high interest
savings account, you don't think like, although this is a crypto meme, but you're not like,
oh, I wonder like where the yield comes from. I'm going to do a deep dive into treasury bills and like how all of them, like what is the 10 year and like all
of these things, right? Like that doesn't actually matter. You just know like, oh, this is wiser for
me than just keeping my bank account. That is like 0.4, 0.8%, right? Like, and so we can do
effects based marketing where we just tell people like, this is what this will do for you. Like, I think we're even thinking about this in terms of the club at Kuru. It's like,
everyone doesn't need to know like what a club is under the hood per se, but they should
understand how it can benefit them and how it can benefit on-chain trading and markets and
how it compares to the options that they've used in the past.
That is really what's important. And that's not just dumbing it down. It's being realistic,
but also respecting the user enough to tell them how it's going to help and benefit them.
And the people that want to go deeper on that, they can and they should. And that'll be really
good for them in the long run. But, but yeah,
okay, that's just my that's just my little rant. But I don't think that we look like,
maybe there's a world where like, we go to tick tock, and we try to take over and all that stuff.
But I just think we have to be really creative about the playbooks that we run. And we shouldn't
just give in on the front that says like,
oh, well, these people are just absolutely cooked.
Like their dopamine receptors are fried forever. So we're just going to give them like, you know,
Burger King for crypto or like whatever it is.
Like we can create something that is greater.
I actually don't know that that's true,
but I want to believe.
And so we're going to try.
We are going to try.
So it'll be good. But we've
got a lot of stuff cooking and I'm excited about that. So, okay, okay. Enough ranting.
Yeah. KB, $120,000 Bitcoin. I mean, we pulled back a little bit, but we are right now,
CoinGecko, $118,665 for one for one bitcoin i mean there's just something about that
that just kind of like stirs you i feel like a little bit but but yeah how have you been doing
over the weekend we're watching new all times ethereum is at 3200 yeah i mean how are you how
are you taking the pump how are you respecting the pump oh i respect the pump but the higher bitcoin goes the lower my runes go so i don't know about
like when guys win um yeah runes ruined everything but um yeah i know it's i think i was like
traveling when things were pumping or like i wasn't home definitely uh daniel knows daniel
almost died over the weekend me being gone but um i was just
like what is happening like like i mean amazing incredible like i said the higher it pumps the
more people want to buy or now they want to buy like the next big thing so overall um you know
it's really it's really great for the market.
And Ethereum is actually starting to move a bit.
We got a 3x, a 10k.
I don't know.
Very interesting.
Very interesting stuff here.
Do you think it's going to get to 10k?
I don't.
I mean, maybe. I would probably take the, you know, people were, I think somebody just took on, there
were two guys, I don't even remember who, but they took on like a 10K ETH by end of
2026 bet.
I don't know if I would go that far.
I think that ETH could definitely get back to its previous all-time highs and maybe
go to five or 6k. Like that would not surprise me. ETH is still well positioned. And I think
that they're making all of the right moves. Like they've made some killer hires. Like they hired
Bingy, who is just one of the best like BD and growth guys in the space who was previously working for Optimism onto the team.
I think that ETH may become cool again.
Like I wouldn't be surprised about that.
I'm also chastened by how many career lives have we had now where we're like,
guys, like ETH is kind of looking good here.
And then the market just immediately dies.
Like Zane will remember we had that a few, maybe like a month ago or something like that,
which is too funny.
So we've got to see where things still go from here,
but it does feel like ETH is positioned really to do well.
And I think that we should all cheer that on, like 100%.
ETH is still, and will always remain the godfather
of smart contract chains.
And even if we can disagree about the execution or the roll-up centric roadmap or all of these things, like ETH being like a decentralized
hub for finance, look, it's slow. It could be better. We're building on Monad for a reason,
but that's a win. Like that's a win. Those are the values that we want to see promoted and winning
in the space. And I think we should all have a soft spot for Ethereum in our heart, regardless of whether
we're a long-term investor or we want Monad to do really well in the long term.
I do think that there's definitely a world where Ethereum continues to do well and Monad
does as well.
So yeah, I mean, I'm just, I'm excited. I was with you, KB. I was glad that I was traveling
over the weekend. I was out of town for a wedding. And so I would, it's just one of those things
where you like only are checking your phone like every few hours, which is a great thing.
And I was like, I'm so glad that I'm with people right now because I would just be like,
like totally just refreshing Twitter go to coin
gecko refresh coin gecko we've all been there where you're just like watching your portfolio
go up um and you just don't take a screenshot because you know what's going to happen if you
do that right I think being in spot too and just like long-term spot it's one of those things where I'm like, I don't, I've kind of, I've broken away from like the,
you know, the shackles of staring at a chart. And I'm not really in anything that's like,
you know, high, like, I'm not anything that's like very volatile. And if I am, it's one of
those like very long term things. So, you know, when things are pumping, I get like random alerts and I'm like, oh, cool.
You know, and then that's like kind of it. And then I kind of go on with my day because everything it doesn't really affect me either way if the markets go like up or down.
So, you know, I'm not doing any leverage and anything like that.
I think when Bitcoin was like 111 and it was like starting to pump,
I was still in Europe or something. And the timeline was like extremely euphoric.
I just made a joke. I made a joke on the timeline. I was like, oh, yeah, I'm not euphoric.
I'm still in Europe. But yeah, it's good to just kind of like play around with the timeline and make jokes off of it.
But being in long term spot, it's nice.
It's peaceful over here.
Yeah.
No, agreed.
Agreed.
Especially when you have a long term time horizon.
Like I will say for myself, my portfolio right now is like 70 or 80%, maybe even more of just like two assets.
And it's just Bitcoin and something that I'm bullish on for at least like the short to midterm.
And like it, you just sleep, you just sleep much better at night, like not waking up to like wild
shifts and like the AI coin that you're like really bullish on or like
the, you know, the meme or like whatever it is, you can hold a little bit of those things. And
you probably should. And also not everybody has that luxury. And you do need to do a little more
risky stuff to like try to get where you're trying to go. But I also think that it just comes from
saying like, I don't, I think there is sometimes
too much, like I've come off, I look, I get where people are coming from with the like,
you have six months or a year to hyper gamble yourself into retiring your bloodline, or else
you'll be a wage slave for life, you know, stuff like that. Look, I mean, I get it. I understand
where people are coming from with that. But if you just say like, you know, hey, I have this amount of money, I would like
to turn it into maybe, you know, three or five X of that, right, which is a which is a lot like,
I think that people in crypto, look, I'm not much of a, you know, trad fi guy or anything like that.
And this is a trite point. But like, that those are incredible returns. Like we, we look and we're like, I need a,
I need a hundred X. I need a thousand X. Like I've got to, I've got to go create, like you will die
doing that. Like both your like life will kind of suck and you might lose everything, which for
some people is a risk that maybe you should be willing or could be willing to take.
But like it is probably not the optimal way to live your life or to manage your portfolio.
And I do think there's just like a place of gratitude and just being like, wow, like my portfolio is up like 40 percent in one day.
And like that's what most people look for in like a year or like even like five years, you know, and like we have access to these financial markets, which is a great thing.
You should still be bullish. You should still be looking for ways to to grow your money.
But like, I do think that, you know, if you have like one thousand or five thousand or ten thousand dollars, you're like, how do I turn this into a million dollars? Like, you really
could not just go crazy doing that. But like, you have to be careful, because you could you
could lose it all, right. And it's not as exciting to say, like, I'm going to take 1000 or $5,000,
I'm going to turn it into 2000 or $10,000. But like, that's a huge win. And also, like,
That's a huge win.
And also, dude, we just don't realize how lucky, blessed, fortunate we are.
And look, it's not everyone's situation.
But the average person, I don't know the numbers, but they have not a lot of money.
Even they don't have an emergency fund.
And I'm definitely talking out of a place of, of privilege here being like very blessed. Um,
but, uh, but those things are important, right? Like we've really, and we need, and like,
you should have that. Like if you have, if you're like so exposed that like,
if you lost your job or like if something went wrong in your life, like it is great to like,
have something go wrong with your car and not be like, I am destitute now, you know, like stuff like that.
So it's just good to be realistic and to like set good goals for yourself that are not
unambitious, but that are within the like range of outcomes that are possible for you. And then
if you do far better, that's a great win.
And if you don't, that is actually okay because you're still probably young or even if you're
not young, you have time left to be able to figure these things out. So man, okay. I'm just going way
too life advicey here, but I am a dad, so that is probably just par for the course.
But yeah, okay.
We're respecting the pump.
It's still a great time to be in crypto, and we're just enjoying it.
It's been a lot of fun.
Pump ICO'd.
This is KB's Kryptonite with a K.
K. But Pump by CEO, they filled really fast. And most of the volume came from on chain, on pump,
But Pump ICO'd, they filled really fast.
which is really interesting. So the centralized exchanges actually, in a lot of ways, kind of
fumbled. Their liquidity was not there. People were not able to get access via KYC on Bybit or
I don't even know the other exchanges that were on there. Not some of the bigger ones, but like Coinbase or Binance, I don't think.
But it filled up really fast.
There was a lot of demand.
And Pump went live on, I think, Monday.
And we kind of had a quiet day.
And then yesterday, the buybacks started to be deployed, like crazy buybacks, like on the order of,
I think Pump put in like something like 20 to $40 million in buybacks.
And Pump, as of right now, is chilling.
I think it's, when I checked this morning, it was the number 56 coin in terms of total
market cap, which both sounds crazy and undervalued at the same time.
They have a $2.2 billion market cap and a $6.4 billion FDV, which again, maybe sounds crazy.
And we can debate the long-term plan. We were pretty openly bearish last week, and I think
rightfully so, off of Nick Lachey's analysis of the announcement.
But they probably have on the order of $1.5 to $2 billion in their war chest right now,
and they're valued at like $2 billion, right? So that is pretty crazy, and Pump may very well
go higher from here. Yeah, I don't know, KB. Do you have any initial reactions from the Pump ICO and everything and the way it's played out?
I mean, I know neither of us are buyers.
I do think it was kind of probably, I probably felt that this was kind of like a free money trade that you knew that Pump was going to do well.
But I just personally knew that I wasn't going to invest in Pump.
I just can't really bring myself to buy into something
that I don't really believe in um is like particularly good um for the space or for the
world but uh but yeah I don't know any I know you kind but you hate pump that's okay but uh
but yeah many big thoughts I mean I don't like hate it I mean but yeah I'm kind of the same
thing but um I didn't invest in it I didn't really pay
attention to it I do like that they are at least doing buybacks so like you know that's good um
and listen I just don't want like a super extractive you know event ever so if they're doing buybacks if they're kind of feeding into their buyers and
giving liquidity back to people then you know gotta respect the pump right yeah um so
i think that's kind of the only i'm not gonna buy any here what's like the point of even like
having the pump coin like are we are
you only going to be able to like buy you know use pump fun with their coins it just to like have it
like but um yeah i don't know is there staking involved with pump i don't know that there is
staking right now there have been rumors for some time that 25% of the revenue is going to go back to the token. I don't know if that's going to be in terms of just solely buybacks or if it could be distributed to token holders in some commensurate way. Right now, it seems like it's taking the form of buybacks,
and Alana and the crew are going to go pretty hard
in terms of trying to pump it in that way,
which is definitely at least just a signal
that they do care about the token and value accruing to it.
So it's going to be interesting to see how,
if this becomes a regular thing, or if it's spor sporadic or maybe they introduce where hype has this set amount of buybacks that they're doing daily.
It's kind of predictable or you can see how it's going based off of volumes and everything.
I don't think we have anything set in stone in that way as of yet, but it does seem like the revenue is going to be playing a role in how Pump is receiving
funds from the foundation or however they have it set up legally. So yeah, no, it's an interesting
time to, yeah, just like be following Pump. And I think it's also interesting that people were for
a long time, we're talking about like, is Pump doing going to hurt solana it's still too soon to
say right but um you know solana is not like tank right like i think so when i checked this morning
it was up something like four and a half percent in the last 24 hours so soul is still doing fine
it's at 167 17 cents 33% growth in the last day.
So at least as of right now, it's not like dumping as a result of Pump doing well.
So that'll also be something to keep an eye on because Sol was kind of like the best proxy to Pump's growth for the longest time.
But now you can directly get exposure to it via the token.
So we'll have to see how those two interrelate i think it's
something like pump tends to be i don't i'm remembering here i may be wrong but like on
the order of like 50 to 80 percent of like souls like rev so like uh basically like their
revenue at any given time like the real economic value that is like being generated by
solana like most is coming from pump um and pump tokens so yeah it'll be it'll be interesting i
will say that the more that pump succeeds the more that all these other launch pads at least
on solana just will never be able to compete yeah yeah yeah and i mean like bonk was doing like really well i mean
like bonk for a time had like 80 percent of the market share of all the launches that were going
on but i think that there you see actually the power of pump fun owning the stack because pump
swap even though they're not generating as much from the like bonding fees and stuff like
that like they used to they are still clipping at like a very similar pace to what they were doing
after the meme coin die down but still making like a lot a lot of money via pump swap so that
has definitely been a move that like played out really well for them and so they're owning the stack in that way so they can kind of
seed some of that market share to other players but still reinforce it by having this like dex
volume that's happening on pump swap and everything which is pretty interesting as well so owning the
stack definitely pays so i don't know that like pump will like launch their own chain or something
like that. They seem pretty committed to Solana, but that's definitely been interesting. We have
not, wow, we've been here for almost an hour and I've got a few other topics that I want to get
into, but let's, let's just open it up to the crew. We've got Yukadol. We've got Jeezy. We've got Judo. We've got Chaos.
We've got Vakru.
We've got Ragnar.
We've got Moonboy up on stage with us.
Shout out to you guys.
Yeah, I don't know if anybody has any big takes on Pump or the ICO or launch or anything,
but you're welcome to come up and say hi say hi or chime in um now if you want to
yeah hello hello guys hey vikru what's up brother yeah all good i just wanted to say that i remember
how like two months ago or maybe less we were fighting on on the same space on kuru like pump
and this idea was uh launching coin that they just want to farm us but you can see now that they
launched pretty well like pre-sale I know it's like 30 minutes sold out so we
might were wrong but anyway let's see what will be next for pump fun I mean
Vakru are you saying that cozy was vindicated because I think I was
defending the four4 billion valuation.
I do.
Not you.
I thought we were like, we were like, okay, I was fighting.
Not you.
I was fighting.
Yeah, me as well.
I was there too.
I was fighting too.
That's fair.
You were a moon boy.
I do remember this, but I don't believe it.
This is interesting.
There was no airdrop.
I don't know if anybody has
any i mean there may still be an airdrop but like that and nobody seems that angry because
it was kind of fair exposure given to people yeah the pre-sale um but that is an interesting
dynamic at play here yeah but uh do you guys actually see how people are celebrating
like uh 50 roi on their inverse investment i guess uh it opened up at like six billion dollar
valuation which is not much if you do actually look at you know the rois that people have had
at pre-sales and stuff like that but in my defense i was flooding back then and i do actually think
the same right now because if i'm being honest um it's it's it's not like people i i see people
all over city you know comparing the likes of hyperliquid with pump fun uh but i actually doubt
the longevity of all of it i still do uh i mean i could be the mid-curver that people call uh you know scared
money or whatever but yeah i did not buy in on the pre-sale and i'm kind of okay with it if i'm
being honest because that's not something i believe in and i don't know why people are actually
comparing it to hyper liquid levish trading has been around for decades and you know pump fun has been around for what
an year or two i guess an year at max yeah i i never dabbled into it i lost a few dollars
there and there but yeah the the the fudding the fudding is on uh okay if at all they airdrop me
like a thousand dollars i'll be fine with it because i burnt
like two hundred dollars on like five wallets so if my civil wallets do cook uh i'm gonna switch
sides and i'm gonna side with you cozy but yeah the the chat that we had that day i i do think
nick was correct about it and i see so many traders do playing this very well and a majority of them
are out of the trade now so i'm gonna just you know look at it from the side and remain sidelined
imagine for years jumping from one meme to another and getting wrecked and still can load up on a coin and have half of the hyper liquid market cap and you make
pump pump uh but here's the thing since uh kinsu is here kuro uh i want to mention uh something
regarding the lp you were talking with kb um and you are right like 0.5 or 0.7 percent on lp earning is crazy you know like if if people
have money in the bank they should buy monad and then stake monad and get s mon and then lp the s
mon to death you know what i'm saying and this is And this is the money glitch to freedom of financial system.
Yeah, no, hey, we'll take a little public bullishness on the crew space.
on the crew space i'm yeah no i'm right there with you i think that these things are good there are a
Yeah, no, I'm right there with you.
I think that these things are good.
lot of like good um passive yield farming ways that you can go about yeah liquid staking makes
sense um all these things make sense in a monad context and there's definitely yeah no lots of
opportunities in that way and uh yeah no flip orders and concentrated liquidity on the order book definitely help with that. So I'm right.
Yeah.
And also regarding DLP,
I was,
I got nuked on a coin once I got nuked so bad. Like imagine I was selling a 1000 of that coin for one Solana.
And then I ended up buying the same token,
10,000 in amounts equal to one Solana. so i got nuked on that and then i realized
like the the only way so i can get out of this coin is in the accumulation zone and i waited for
the token to dump enough um and you know i started buying and then i I LP'd it for four months and I got my money back.
And, you know, sometimes, you know, sometimes it happens, but sometimes you got to try and try to get it back, you know.
Yeah, no, I mean, there's definitely I mean, yeah, I think that LP is probably not for everyone.
No, I mean, there's definitely, I mean, yeah, I think that LP is probably not for everyone,
but if you are able to figure out like, you know, hey, I think this is a good place to
be able to make my money back in fees and that it's going to come here and I can drop
some liquidity and stuff like that.
It is really cool.
And yeah, there's like Meteora style LP that's available on Kuru now.
So if you haven't checked out the feature yet, definitely recommend it.
Kuru.io slash liquidity.
Go give it a shot.
You don't just have to spread your liquidity across the entire range of all possible prices now.
Like in a Uniswap V2 model, you can now say, hey, if I'm deploying liquidity on, let's say, Esmon, right?
And I have a good sense that,
let's just say that the price is $1, and I feel like it's probably not going to trade
outside of a band of 99 to 101, then I can just concentrate my liquidity there and put all of it
in that range. And then I'm going to be earning fees off of all
the trades that take place in that range. So I'm going to make way more in terms of an ROI
on my yield farming percent than if I say, all right, I have to spread my $100 or $1,000 or $10,000
of liquidity between zero and infinite ranges ranges of like possible prices that could come
from there. And then you get deeper liquidity when you're trading that token within the range
as well. So the only thing that you have to watch out for is that you have to, in some ways,
keep an eye on what the range is that you set because if the asset moves outside of it,
you won't be earning any fees, right? But for things like LSTs, for coins like stable coins
and stuff like that, where you have some good sense
and even tokens that you feel like,
okay, I think that Mon maybe is gonna trade between,
I don't know, $8 and $12 for at least like the next month
or for some time.
You can drop your liquidity into that range
and then you're earning fees off of all the trades
of Mon within say $8 to $12,
as opposed to, to again spreading your liquidity from like zero dollars to a hundred bajillion trillion
dollars all the way across that range so flip orders are really a cool innovation in that way
and uh yeah no stay tuned for more info coming out on that and you, do you, so do you prefer fiat to coins or coins to coins?
You know, like S-Mon, for example, to a meme coin launched or, I don't know, LSD or something.
You mean just like, you mean just like for Kuru kind of?
You mean just like, you mean just like for Kuru kind of?
Yeah, like, you know, if you want to pull any coin, what would be your preferred coated coin?
Oh, sure.
I mean, I don't know.
Okay, so I would say that like, just like strategically, like the way that we're positioning is that all of the things that we've built out in terms of like having a launch pad, having user deploy liquidity, trying to make that as simple as possible, all comes from a place where like Kuru is not designed to be as a chain on mainnet, that most of the assets that
will exist will not be like serious DeFi coins with fundamentals that people desire to trade.
Now, there will be some, right? There's never really been a chain before that's been launching
with like four or five LSTs that are going to be like competing and have like actual,
like strong DeFi fundamentals. So that'll be interesting. There's definitely a use case for all of those things.
And being early is 100% valuable in that way. And we want to support that. But if you think
about Solana, right, like you didn't really have, say, like a Jito or you didn't really have like a
Camino or any of those things until quite a ways into the life cycle of
Solana. And what caused it to thrive were memes and long tail assets, right, which are not super
interesting to market makers, which is the kind of key innovation of enabling a cloud. And so in
that way, we want to be positioned for that early outcome of Monad, but not pigeonhole ourselves that we just become like a pump fun meets like photon meets like kind of more like sniping
or like meme coin trading stuff. So that's kind of how we're positioning is to be able to try to
be in some ways like all things to all people from a trading aspect. But I do think that we
want to be more in the general category of like this is the best place to find trade and
launch any coin that you're looking for especially coins that are fundamentals even expanding beyond
we hope someday into you know like tokenized equities and like all those things so um yeah
that's just kind of like in general like outlook on like how we're looking at things but and why
we've positioned ourselves the way that we have, but in terms of where you deploy liquidity, I mean, it's just really be like,
what's interesting to you and what you're bullish on and where you feel like I wouldn't, um, let us
like dictate or, uh, or tell you where to, where to put your liquidity, but LSTs are a great place.
Stable coins are a great place. I think that there's going to be a lot of volume there.
And, um, and I also think that there's going to be a lot of volume there. And I also think that there's going to be a lot of volume on Mon, right?
So that might be a good place as well.
If Mon ever, who knows?
Maybe does Mon even exist?
We'll see.
But yeah.
So to simplify that, like if somebody is heavily bullish on a coin,
they just got to go to the LP site
on Kuro
and you just provide two side
or one side to the upside
and you keep every settings as default
and you just let it ride
and you keep on going with your conviction.
Yeah.
But here's the thing, Kuro.
This is something serious about LP like don't look at fiat currency value of your LP if you really believe in the asset that you have just
try I mean everybody just try to LP coin to coin i'm going to give an example like lately there is a stock coming
into they came into solana itself or meme coins now you
have much more uh volatility uh in those pools instead of just field itself uh so same thing
with mom like try to just just go go for crypto, you know,
ditch fiat.
What I'm all,
all I'm saying,
you know,
we are selling fiat to get into crypto after all.
Yeah.
Yeah.
Yeah.
Hey,
I'm with you,
man.
I'm with you.
Okay.
All right.
I'm going to pull it back here.
Let's,
we've only got,
we've only got,
it's not,
it is 1038 EST.
That's crazy. We've been yapping for a long time. Easy
to do when you are a born and bred yapper. So I'm actually checking right now. You guys should
plan, let's see. Oh, maybe there's not information about DeFi Act this week. I don't see anything
mentioned about DeFi Act. Maybe DeFi Act is
happening this week. I'm not entirely sure. It probably is. But you should go join that at 11
a.m. I don't see a topic for this week, but I'm sure they probably got a cool one that is planned.
There's just a few more things that I want to touch on before we go. And we've got the time.
So, KB, here's an interesting one. Oh, there's two that will carry us home.
So one was Coinbase hired, mentioned earlier, Alex on Chain, right?
And so for like an hour, Coinbase went kind of crazy, like shitposting and doing all this stuff.
Alex did a thing where he was like, if this gets 100 likes, Coinbase has to hire me as their CT lead.
it's a hundred likes coinbase has to hire me as their ct lead really okay this is just interesting
because it is a confirmation in some ways of kind of like the shit posting mentality being important
to even like a hundred billion dollar business like coinbase or at least they perceive it to
be that way and it did get a lot of favorable. It got favorable and people hating
on it for sure. There are people that like, I don't want my exchange to be like, you know,
shit posting and it's like unprofessional. People always say that. And it's a fair critique.
But like Kobe tweeted, he was like, why is Coinbase like suddenly good at tweeting, right?
Like that has to have some like immaterial value, at least in the crypto Twitter context. So I wonder, KB, like, do you have any like strong
feelings or reactions to something like one of the most recognizable brands in the space saying
like, no, yeah, we're going to like post about like DGEN Spartan. Like we're going to, we're
going to like meme it. We're going to go hard. And I think it sparked a conversation about CT leads, quote unquote, in general.
And now everybody's like, everybody wants a CT lead.
Everybody wants like some buddy that can like shitpost, but also be like normal and be like
a good communicator.
It kind of feels like Monat has been doing that for a while.
And the trend is kind of being picked up on.
So yeah, any thoughts on that?
Yeah, I think it's, I mean mean it's very brain rot right it's very zoomer and that is essentially what's catching
attention right now but there has to be a balance um you know you can't get canceled and i think that
is like a skill i think we do it very well I think you do it very well at Kuru.
And there's always like a fine line of, you know, how far you can go to get engagement.
And so unfortunately, to get a lot of engagement, you have to be like a little rage baby,
you know, misinformation, kind of things like that. But if you can do it in a way that is respectable um it does kind of get you a long way like I'm sure this poster probably you know like it's it's
it's a whole new like criteria um and I think that is just what the new norm is with social media in general, right?
Like with Instagram, with TikTok, um, and now with Twitter.
And I, and I think that these, you know, these larger brands that say larger web two brands
have already been doing that.
Um, and now, you know, web three or like whatever is now starting to catch on where,
you know, I think crypto is always a little slower when it comes to these like social norms.
So I'm not I'm not surprised by any means. And I think that is just what the trend is.
How can we get quick attention? How can we lure in people? And it has to be
somebody who is savvy, who is trend savvy, who knows what's going on, who's funny, but yet
balanced, and isn't a complete idiot. Because humor does have intelligence behind it. Yeah.
have intelligence behind it yeah and you have to know where the line is drawn and a lot of people
sometimes will cross that line and that's when you know you get in trouble right like
hopefully this intern doesn't do anything like racist or something you know what I'm saying like
um but yeah that's my thought on it kudos to the guy to whoever got hired at coinbase i hope
they're getting paid a ton um and and yeah i think it's just part of the trend for now um
will it change probably you know just like everything else changes and you know social
media just is always evolving and content and and how things are are you know how things are you know
perceived um i mean like look at the career account right we're already ahead of the curve
cozy yeah i mean i think that i pretty much agree with uh with most of what you with what you said
i think i so yeah i think that a Alex is probably well positioned to be this guy.
So it's not like this is his first rodeo.
So he was actually the head of social media at Binance for a number of years
previously, which Binance actually has, it is a little boomery,
but like their memeing is like decent.
They did have some crazy posts that probably we all remember, but that was,
I'm pretty sure that was after Alex left.
And I think that they employ a pretty big team.
But yeah, Coinbase, I think the thing about chip hosting,
and honestly, I mean, this is kind of my livelihood,
so I could probably write a book about this.
I don't think anyone would read it.
But chip hosting is, it does appear brain rot,
and I don't want to go too meta here.
But really what it is about, it does have to be quite smart to be funny.
It has to be subtle.
And what it does is it signals in-crowd affiliation, I think, in a lot of ways, right?
So it shows, hey, I get it.
At the end of the day, it's like, I get it.
I'm with you.
And we actually desire to be perceived as a part of this group, which CT is like probably too xenophobic
and like how insular and everything we are, which is just kind of natural of like tribes and
everything like that. But there's like a real value to that. And I agree that Web2 has been
doing this for some time. Literally, probably the first was
Wendy's that just like went unhinged. But crypto was pretty early on this. It just wasn't the big
brands that really caught on in a lot of ways. Right. Although Binance kind of did and has.
But I mean, like legitimately, like intern was like the first intern, like for real,
like that's actually real. Like at CMS
holdings, he took like a VC handle and he turned it into like one of the best shitposting accounts
on crypto Twitter. And that boosted CMS's standing and reputation and all those things in the space
like tremendously. Like I know I just have always loved CMS's accounts in 2020 or 2021,
which was when intern was behind the
was behind the keyboard, like making things happen.
And then you've had, you know, all of these different projects, Monad being one of the
proliferators of this that have kind of gone off of off of intern's thesis.
And then you've seen stuff like VanEck having an intern, VanEck, which is like a pretty
traditional Web2 space.
And their intern really gets it like
he and that's, I'll just say for myself, I mean, I'm not really somebody that would go interact
with VanEck in any capacity. But I know, for instance, if I was going to like buy a Bitcoin
ETF or something like that, I probably wouldn't buy iBit, I would probably buy like VanEck just
because I appreciate that they are actually like homers. Like they have taken the time and care to like be curating a presence that is like true to crypto because it communicates that like we come with some similar set of values, shared humor experiences, like all of these things that are very like ingrained in like the spirit of what it is to be a crypto market participant.
So, but no, yeah, I agree with you.
Obviously, we've been doing that at Kuru for some time.
It really is the way to just like win in the mindshare game, I think.
And to just signal like, hey, like we're, we're, it's cringe when you say it, but you're
like, hey, we're funny.
Like, we're cool.
We get it.
Like, we're in it with you, but it is fun to think like that. Um, without patting ourselves on the
back. I hope like the goal for us is to say like, okay, Kuru has to be not just one of the best
dApps on Monad and the best trading hub and exchange, but also it's important for us to be
like one of the best monad shit
posters and not like spread misinformation, but to be just like really funny and have like people
see like good content coming from us regularly, because that will just keep Kuru stuck in people's
minds so that when they think, oh, I need to make it, I need to swap my mon into USDC or my USDC
into mon or whatever it is that they're like, oh, I'm going to go to Kuru. Right. And I think that that's important and valuable. And we've seen what it has done for
like Polymarket. Polymarket had the like incredible like Hugo Martingale, Susan from HR,
PSYOP, which was original and funny and fun. And then people tried to copy it and they did it in
a poor way and it was cringe and it was lame and it sucked. So it's all
just a touch thing. Um, and, uh, yeah, so I am curious to see where it goes with Coinbase from
here. And it does feel like it is one of those things where like people that try to, it's kind
of like when hyper liquid pops off and everybody is trying to fund a perp stacks, which there's a
lot of good perp stacks is on monad that have been building for a long time. And before it was, you know, cool, quote unquote, but, uh, people just follow on,
right. And they're just like, Oh, we, okay. I need, I've seen this work for someone else. How
do I, how do I make money off of this? And so, um, those attempts will probably fail,
but the people that have been thoughtful about it and that have actually kind of been like
reading the room in a lot of ways will succeed.
Now, will this work for Coinbase? I think probably in some in some muted way, it probably will.
I don't think it's going to who might download like the new Coinbase wallet, which is going to be announced today?
That's actually interesting.
We should keep our eyes on that for base and everything.
They're trying to be like the app store for crypto.
the people that are going to do that I think are probably like the zoomers and millennials that
could very well be like influenced positively by a shift like this because they're probably you know
playing fantasy football or doing sports betting or they like they they're they following memes
accounts on on instagram or already on twitter or all of stuff. So it is just kind of like I feel like the way that younger generations communicate.
And so Coinbase is trying to get in.
But how it plays out will be really interesting to see.
And what like the final state of like what Coinbase is posting cadence looks like.
I will definitely be keeping a pretty close eye on and like pretty curious to see.
That's a natural segue kb
base is it's kind of cooking right now they've got a big announcement i think it's going on today
they're doing like a party and i think it's la and fantasy top is migrating has migrated
to base so that's actually pretty wild they redesigned the whole app um i don't know if they still have
plans to be multi-chain on monad they may very well because that's something that they've talked
about in the past is doing multi-chain stuff but fantasy top is not on blast anymore and
they're on base i don't know any any like initial reaction because that was pretty i mean we had
known about this for a while now because they'd been teasing it and everything but it happened so yeah i don't know any any big
takeaways i'm kind of a base hater but i don't know what your thoughts on base are
when they announced it i was like i thought they were already on base
no no it happened yesterday i forgot I forgot that they're on Blast. I forgot Blast was even a thing.
Blast TVL is like so, it's literally, I think it's literally like $10 million.
Like it's so low right now.
Wait, what's higher, Abstract or Blast right now?
I'm curious.
Oh, man, that's a good question.
I'm sure, I don't know.
Man, that's a good question i'm sure i don't know i man that's i thought abstract tv i was like 100k or something but i don't know um anyways yeah i mean good for them good for them good for
them they should be on base because i think there is a little more listen not for nothing but i think base with coinbase right and jesse and all these
like new payments and everything probably will be the one of the leading l2s for you know consumer
apps on like the you know quote-unquote normie side and so i think fantasy top fits in that realm. So it makes a lot more sense for them to be on base compared to Blast.
Because Blast is going to completely die out.
Like, it's already dead, right?
And so, like, I do think that Fantasy Top does...
It makes sense for them to move to something that actually has more of a backing.
And as much as, like, I don't like bass and i think it's you know a centralized
piece of shit um it is what it is and you got to survive in this market yeah yeah so kb abstract
has 206 million in tvl which is quite low i don't want to dunk on abstracts at all but that that is crazy it's not maybe as
low as you thought it was kb but maybe i confused the 100k for 100 mil yeah yeah but um blast has
90 million tvl right now which is dude that is crazy they i mean they literally had billions
previously so that is that is tough man that is crazy i wonder what bears i don't want to
let's not go there i was gonna say i wonder what baratunes tbl is but yeah man it's a tough market
and eclipse launched this morning eclipse is beat down oh my gosh i i really don't want to
i know a lot of the money community hates eclipse I don't really care about them. But Eclipse raised $50 million.
And Eclipse's token is valued right now at a $54 million market cap.
That, dude, that is, that's crazy, man.
That is really crazy.
The FDB is still $361 million.
But that's tough, man.
That's, yeah, wow. wow we're just gonna have to watch
how that plays out it really seems like yeah maybe there's some notes to be taken on how
the distributions and tokenomics and all those things played out for eclipse i don't want to kick
a uh i don't want to say dead horse i'm just gonna stop talking about eclipse i guess but uh
but yeah no crazy crazy time crazy stuff but uh but yeah no it's good dang kb well you're i mean
exciting week i agree makes sense for fantasy to go where the users are especially from like
a consumer focus like look i agree with all the i don't like the fundamentals of base um
i'm just not a big fan particularly of coinbase in general but base makes sense for fantasy 100
and as somebody that has like heavy fantasy bags i am like pretty excited um that even just like
a few thousand more uses it doesn't have to be explosive growth but could be like really really
good for fantasy and so i'll be really curious to see if they do end up doing a token of their own
and uh and how things play out there because we've been we've been in the fantasy trenches for
a while here now and i was super excited when they came to monad because i really think they
are one of the best games one of of the best apps building in crypto.
But yeah, so I'm curious to see how the evolution goes.
Definitely keep an eye on the base rollout today because I think that there's still going to be a lot to learn from like the new wallet or app store and like how they go about like all of that go to market and everything.
and everything and where
And where fantasy goes, you should check out the fantasy top app.
fantasy goes you should check out the fantasy
top app I'm still a big fan of the guys
and the builders that have been working on
this like really diligently for
the last year and a half plus
and the app looks really
cool it does look sweet on the
new version 3 that they just
put out and I hope
that the Monad free to play
continues and that maybe we get some iteration of
it on monad as well because an evm multi-chain fantasy experience could be pretty cool too
even though that does sound like a bit of a mess to keep track of and manage but uh but yeah
guys i think that is about um it for us this week this was a good space i really appreciate all of
you guys coming out and hanging with us today.
Yeah, shout out again to, hey, we've got Kinsu in the crowd.
Shout out to Kinsu.
Shout out to all of our LSTs and stable coins that we were able to roll out flip orders with this week.
It was great.
Like I said, we will AlphaLeak be on Modded in the morning tomorrow.
So come vibe with us for that at 11 a.m. EST.
Tomorrow, also going to be a great guest on before. So you should just tune in for the morning tomorrow. So come vibe with us for that at 11 a.m. EST. Tomorrow, also going
to be a great guest on before. So you should just tune in for the whole thing to come and check out
a little DeFi roundtable that we've got going on tomorrow to discuss concentrated liquidity on top
of Kuru. We are excited for that. We're excited for what we've got cooking guys main net very soon from the, from the mouth of Keone himself. So I'm excited to yeah,
just keep on building for that.
And I know that the pace and the thought internally for us is like really
shifting towards main net. We're like, dang,
we need to get ready for like what it's worth.
So I think that things are definitely in motion and, uh,
and that's super exciting. So I hope you guys are pumped up as well.
Thanks so much for tuning in this week, guys.
I'm excited to be back here next week, Wednesday at 9 30 AM EST.
And, uh, thanks so much for joining us this week.
Have a great rest of your Wednesday and, uh,
we will see you guys again soon.
Peace, everybody.
