Projects
![]()
No projects found
Investors
New
DAO Treasuries
DATs
Lend / Borrow APRs
Chains
Categories
Spaces
Kuru Live! - Resume Joyful June
Recorded: June 25, 2025 Duration: 1:23:31Space Recording
Short Summary
In a lively discussion, crypto enthusiasts explored the latest trends in the industry, including the launch of the Token Transparency Framework by Blockworks, the significance of community partnerships, and the bullish sentiment surrounding Bitcoin as Pompliano raises $750 million for a new treasury vehicle.
Full Transcription
Thank you. so Music Thank you. Music Thank you. Yo, what's up everybody? Good morning, Cozy.
Good morning, KB. Good morning. Oh, yeah. Wednesday morning. How's it going?
We're here. We're finally home. Only to leave in six days to Greece, but we won't talk about that right now.
No, so true. I think both of our lives are in varying states of shambles right now. I'm moving this week, getting ready to punch out of the cozy maximalist
stronghold to the next Fortress of Solitude, waiting for a moving cube to be delivered,
which might even happen live on stream. So it's going to be a fun one, KB.
Yeah, it always is. But it's cool. I like you know it's it's work is an interesting thing
because sometimes I feel like I'm working a lot and then I'm not but it's because I'm
doing what I love um so it I'm definitely grateful for all of it like like oh no I need to travel for
work I'm so sad for me um but yeah it's a lot of fun no so i mean it's it's so true it really is like
one of the paradoxes of working in crypto when you are like a crypto native i feel like is that
now we're not devs so i think that their work is definitely more difficult than ours shout out to
dev dad who's in the audience right now one of our smart contract engineers the dude's an absolute chad but uh but we're just blessed it's like in the morning i wake up and i'm like all right i
need to figure out something funny to tweet or you know i've got some content calendars and stuff but
sometimes sometimes we're winging it man so it's just it's fun we're just you're so right it's
good to practice good earnest cozy time it's good to practice gratitude we are
we are hashtag blessed it's so true for sure like I you know the whole week at the foundry and I
guess like I haven't even we did a space at the foundry which is a funny one because I was just
harassing everybody but like that whole week it almost like I'm like, wait, this is work. But, you know, and then the weekend, right, like I was traveling.
I met some friends and I have like this really strange guilt when I'm not like chronically online.
Because and then like and then it's one of those things where like you we have you have a different crypto natives.
have a different crypto natives like we have our devs who are like head down coding whatever
Like we have our devs who are like head down coding, whatever.
but like our job like and the reason why we got our jobs was because we are chronically online
and like when you're a trader in crypto like when you're a shit poster in crypto right like the
market's 24 7 like it's not a 9 to 5 it's not like you, the markets close at 5pm. So like some of my biggest plays
were like 3am on a Saturday, when like everyone's out lit. And I'm like, yeah, I just like made the
bag of the year. And so like, it's been embedded in my head for like three years, like, like,
and I kind of came to this realization of like, all right, now I'm working, I don't have to,
you know, the markets aren't the best for trading.
I'm taking a break on that.
And like not being online on the weekend, I feel this immense guilt that I'm not working
enough.
And then I come back on Monday and it's fine.
And I catch up with my DMs and I'm like, oh, I can like take off on the weekends.
So I'm like learning that balance right now.
But as a true degen, Web3 never sleeps.
Krypton never sleeps.
So, yeah, you can't take off the weekend.
I'm sorry.
No, I mean, it's real.
I feel like that is one of the good things.
It's like, you know, I'm just I'm not.
I mean, KB knows this.
I think the if you've been around for however many months we've been doing this now, which is we're probably man, KB knows this. I think the, the, if you've been around for however many months
we've been doing this now, which is we're probably, man, KB, we're going to be in the next like three
or four months coming up on a year of Kuru Live. That's going to be epic. Hopefully we have main
net live for that. That would be absolutely clutch. But, uh, like you, not only does the
market never sleep, but I think the best thing is like we don't have edge on trading really.
Right. Like we're not really like informed flow in a lot of ways.
We can catch plays and everything. But when you're when you're a shit poster, when you're just when you're a yapper, when that's your trade, like the vol, like the good times, the bad times.
I almost like I like pink Wojak season as much as I like green Wojak season.
I like pink Wojak season as much as I like green Wojak season, right?
It's just as fun to do more posts and talk about the bad plays that you make and all of this.
It's just awesome engagement.
It's just fun.
And really, at the end of the day, we're having fun online.
So it really is the best.
It's just evergreen.
Some people, they open up a short.
I open up my meme folder.
That's what I do when things are bad, which've had some some down times over the last week and we've had
some up times we're kind of back right now so we're kind of timing the the market with crew
live hopefully we aren't the local top signal again but you know if we are that's what again
like we have the meme folder for so we'll just we'll just be ready for for whatever comes but I'm feeling good with where we are right now it has been a whirlwind week there's a lot of stuff going on.
But yeah, KB before we dive in any of the market roundup, why don't you just take us through the foundry like recap it for us what was your what was your week like how was it being at the studio.
well first of all the studio is absolutely just like gorgeous it's beautiful it's clean
it's open um there's like desks and computers for everybody um they have you know the bunker
where they do mona in the mornings they have there's like a whole little section just for
like the mona foundation um and and so yeah like just going into that office, like the presentation of it was like
super legit. Like, you know, you kind of like, you're like, wow, this is it's very real, right?
Kind of going into this office. You know, I think that was a moment of like surrealness for me where
I'm like, oh, yeah, like I, I work in crypto, I have a career in crypto, and I'm not just in my bedroom shitposting, right?
And so, and so, yeah, we had, you know, an amazing, like, we had the first day of breakfast,
and they fed us every day, like twice a day.
There was a orientation that was super nice, and you just got to, like, meet everybody.
And then they had a ton of workshops,
like a ton of workshops for different, you know, there's a lot of founder stuff. I mean,
I wasn't not a founder. So I didn't really go into like that stuff. And obviously the
good coding and developing, but they had a sector for like every part of, you know, what
makes a good Web3 or like, you know, what makes a good crypto product.
And so obviously, like for me, I was on all the community and like growth side.
So, you know, then we had like a Twitter workshop that was like really fun. And that was honestly where a lot of the founders had their most weaknesses was their Twitter pages.
weaknesses was their Twitter pages. And so you kind of like don't realize how much they really
need that and how much these crypto products do rely on pages like ours where, you know,
we are loud, we are left curve, we are, you know, interesting. And then you're back in a product
because these guys are shipping heads down, you know, creating it, they don't necessarily have the time to, you know, be these like really loud outlandish pages that catches attention.
And that was my biggest takeaway was, um, I had a ton of people coming up to me asking about like
my Twitter page, because I was more so on like the community growth side, um, where they were
more so like on the founder side. So I feel like
in the future, it'd be good to kind of mix that for everybody. And maybe that's something that,
you know, I kind of wrote down in my little notes. But but yeah, they're, they're, you know,
they're like teaching kind of everybody how to do like pitches, you know, like, okay, what's your
pitch, and they would, you know, sharpen it up, you had like, you know, you know, like, okay, what's your pitch? And they would, you know, sharpen it up,
you had like, you know, you had intern there, who's like the pitch king. And, you know, they
would just, like, kind of tell people, all right, this is what's wrong, this is what's not wrong.
I think a lot of people, you know, kind of like woke up a lot. There's a lot of products who,
there's a lot of products that like are still like in their early phases um but
all in all like a lot of people got a lot of great things out of that the monad foundation like really
knows how to like nurture their ecosystem and like their community and so a lot of people there too
had been in the community and then now they're in the ecosystem working like, you know, me and then you had like the RBS guys. And so yeah, all in all,
like such a such a productive week, although productive week in a sense, but when I was trying
to do my own work or like tweets, I, it was hard because the ADD was ADDing. And there's so many
people and I'm just not used to you know working with like so many people around
me so um that was kind of hard I'm like oh I actually do like you know the comfort of my home
but I know that if you live in New York or like if you're visiting New York and you're part of
the Monad ecosystem like the office is for you like they have a whole section for like the ecosystem. I think like 20 people like regularly go in and work in the Monad, in the studios that
are part of the Monad ecosystem.
So it's just really cool.
They kind of offer that for all their apps building and you, and it's just a really,
really cool spot.
Like I'm like, oh, I need to go to New York more so I can hang out in the office.
They're going to kill me.
They're like, all right, you're not allowed to be in the office anymore because I just
like run around eat all their snacks like I'm just making all their coffee and just yap the whole
time and they're like get the fuck out of here like we don't like you're good so um but yeah uh
that was my recap on it um just 10 10 great time uh really like grateful that they did that and um definitely
kind of woke me up in the sense of like oh yeah this is what I'm doing here um and yeah everyone
everyone loves crew exchange of course or definitely like you know the top app that
like people want to be like especially in the community so um in the growth part and twitter
so cozy and i i'm just
gonna give us a little clap that's it yeah right on i mean we're i mean yeah we keep keep building
never complacent but that i don't know maybe maybe that's, maybe that's true. It's probably true. But you talk about working remote. It's really funny. The man, that has been one of the
biggest adjustments for me. I went from an IRL job where like my day to day was literally like
mostly meetings. So like I would just, I was in an office with people all the time. I did one-on-ones.
I was at events, all of this stuff was all people centric.. I did one-on-ones. I was at events.
All of this stuff was all people-centric.
And I feel like if there's a reason why I got my job in crypto, I mean, of course, there's
the shitposting side and that's like an acquired skill and everything.
But really, it comes from, I think, just like having interpersonal skills, which again,
like if you do, you kind of can't take that for granted in crypto.
So it's definitely like a huge win if you know how to like talk to people in real life and like relate to them and
have some semblance of like EQ and like all those things. So for me, it's really funny because
you're right. You can definitely be more productive locking yourself in a room, which is what I do to
get work done. But the two challenging things are one that you're on Twitter a lot, right for
your job, which is about like the most dopamine hacked, like way to get distracted. So you really
have to craft strategies to like stay locked in. But also I'm finding that I need to like get a
better flow of like, seeing real people. Like I'm blessed because I have like a family. So like I
can go home for lunch and like, play with a two and a one year old. But still, man, it's like I need to call my friends. I need
to like schedule lunches with people, maybe find a co-working space or something like that when I
get to the new fortress of solitude, because I don't want it to be a fortress of solitude. Like
you need to stay connected to real people.
And I think that what you said about the foundry is like really awesome where it just connects
you to reality in a lot of ways.
Like insofar as like I do like the Internet, like it's a great gift to be able to connect
to people from all over the world.
We have probably what there's there's like 20 25 people in this space right now I bet we have
probably at least like 15 or 20 if not more states or countries that are like represented right now
all around the world which is so cool but you need to remember that like this stuff is real like
there's like a blockchain that's live on testnet right now like that's a real iteration of this
I know for us at Kuru,
this was like the moment of like logging onto our site for the first time. It kind of just felt like this totally like abstract,
like idea that we were building for months and months.
And then it was real.
Like it's a place where you can swap T-Mon to T-Chalk or whatever,
whatever trades you want to do.
And in a few months is going to be with real money,
which is kind of unbelievable.
But we're moving there, one main net.
But it's coming soon.
So I don't know.
Those are just the ramblings.
But it's so important to stay connected to people in real life,
which is where I feel like, of course, yes,
like conferences and things like that,
you can kind of see them as like a waste of time,
not your most productive and everything.
But I do think there's this like real grounding thing that comes from remembering that there are these like embodied people on the other end of the screen.
And yeah, it's just important to remember that as you go about building and gives you a real drive and feels like you're a part of something bigger.
But it's not just like, you know, NFT PFPs that are on your phone that just kind of
live in a vacuum. It's like real people with lives and everything. And so that's what we're
building for in crypto. So that's why I love Monarch community, just because it's bringing
people together from all around. So I'll get off my sentimental soapbox now, But yeah, you got to build for something bigger. So it's awesome.
Yeah. Oh, man. All right. We've got a bunch of speakers up here. Let's say hi
to some of the crew. We got Daniel. What's up, brother? The Vibe Curator. How are you doing,
my friend? Hey, hey, cozy. I'm doing good. How are you? I'm doing well, man. I'm doing well.
Just living life. My family is walking in right now what's up guys i'm gonna go into the
other room i'm doing well daniel i'm doing well dude how's life mainnet coming soon you've been
posting some bangers lately man yeah uh i think the traction from from when i main account even
though i got blocks until now i think uh the traction from MoNet teasing us when mainnet is pretty legit.
We can tweet some bangers and people just curious on when mainnet actually.
But I don't really know about mainnet date, though.
I'm just farming engagement.
I like you, man.
No, I'm with you.
It's coming.
And I think that I posted this yesterday.
This is really an opportunity for you if you're a niche internet micro e-celebrity in the Monad community right now.
This is the time to push, right?
Because there's a world where if you're a danny was talking about this on the
on monad in the morning last week and it was a great point like if you look at solana if you're
bullish monad you look at solana there's like a bunch of if you were around in like the 2020 2021
days like there were small accounts that were solana native that rode the wave as solana took
off and for mon, like there's
people that have been in the community that have their reputations built, all those things.
Not only can you get like eco jobs, I don't know if anybody should aspire to be a KOL or whatever,
because that's like kind of a fearsome title to hold and to steward well. But you can really have
a lot of influence over maybe key opinions or whatever you want to call it. But you can really have a lot of influence over maybe key opinions or whatever
you want to call it. But you can really point people in the right directions as they come to
Monat over Mainnet and everything that's going to come from there. So yeah, it's just an exciting
time, man. This is the time to push and to grow the crew and yeah, just keep on sharing the pie
with everybody that's going's gonna come from there
so it's a fun time slow how oh no daniel you jump in yeah if you have any thoughts on that
no no it's fine it's fine you can go through there no right i will say like it's it's a bit
crazy and like people really do believe anything i had a friend in a group chat
somebody has shit posted somebody with like under a thousand followers.
Like not that it's nothing.
But like was like Monad Maynet September 4th.
And they like tagged me like is this true?
And I'm like does it look true?
Like is this a random fucking page that like I don't even know who this is.
Like no it's not true.
But like that's how people actually will believe anything they fucking say on the internet so um that's why you can't trust anything benjo says yeah
yeah i mean as we say i look far be it for me to call out my friend benja because he is
a great poster but like what you might not want to become known for is like like fake news on the internet so i don't know i would just like i said
think about the the quality that you're that you're giving people i mean benja is funny so
maybe that's the the quality that he's giving but yeah i don't know about the the fake monad mainnet
dates or the monad airdrop breakdowns or anything like that. That is hopefully not why we're here in the long run.
There's a bigger vision.
But good.
Slow, how you doing, my friend?
Hey, Cozy.
I'm amazing.
How are you?
I'm good, man.
I'm good.
Slow, I'm going to review you back, bro. I'm going to review
you back on Ethos, bro. It's going to happen. I'm not going to leave you hanging.
Okay, because you have a really good score. So if you review me, then like... I'm still neutral, man.
See, they're trying to figure you out still. They're trying to see if you're... They don't
know. It might be slow to scammer. it might be slow the sophisticated user i will hit
you though with the good review don't worry i i appreciate that um yeah i think it's that i i'm
just not farming it too hard like the the only person there may be like two or three people that
i review for review begged like i reviewed you and i, hey, you didn't review me yet. So that's, like, one review for review bag.
And then Medusa I review for review bagged just because I invited him.
So, like, bro, review me.
Yeah.
But I had a Spaces with them, like, two weeks ago,
and they gave me some invites to onboard some Monad folks,
and I burned through most of those trying to get through the people that kind of got missed um initially
so eventually if those i and i'm not uh like review for review three threeing those people
like i'm not even saying anything i'm just to let them if they decide to at some point,
cause it would feel weird to ask them if I, you know,
since it was like part of an onboarding thing. Right. Yeah.
Um, but I, it's really funny.
Cause there are a couple of people that said that they weren't interested.
And then once Kobe replied to, uh, a tweet about ethos those people were like
okay we're interested now yeah yeah i mean i think i think the ethos product is actually really cool
the i don't know do you i don't know if you have the um like the browser plugin but you can have
it to where like all of the people are um you can have it where like the scores are like overlaid on twitter so like it's actually
really kind of helpful especially for like combing through your dms and stuff like that
you can kind of see if somebody is like a scammer now there's not really like an order of magnitude
where like everybody's on it but i do think it's like a super interesting product that
like on-chain reputation kind of like being quantified in that way,
it might really have a future.
And so, yeah, if you're not on Ethos yet,
I've already used my invite, but maybe Slow has a few more.
Definitely flood this man's DMs,
don't cozy sent you.
But yeah, no, it's definitely worth checking out
because it's a cool app that people are building.
There was also the InfoFi project that popped off for like one night.
What was it?
Zeet?
And I was spamming the Zeet boost so hard.
And I haven't heard anything about it in like five days.
But yeah, no.
Hilarious.
Did anybody else do the Zeet thing?
Is anything happening?
I signed up for it but
i didn't post it because that's a really ugly annoying post to have on my on my timeline
yeah no for sure for sure the um yeah no the the z it was brutal i did put it out i i dude i
clicked like dude i clicked like 200 of. I was like really getting after it,
man. I was like, maybe this has some legs. Like this is kind of blowing up. I did think it was
funny that they were like, all right, guys, we're doing signal over noise. Like that's what Zed is.
And then it was just a bunch of like spamming like links and people clicking them. I was like,
this is like a board apes like dream right now
i just get to click links for fun like this is this is what we were made for but i don't think
they've done it they haven't done anything with it since then so i don't know if maybe they have
and i just missed it but i don't know it's a funny it's a funny time to z what can i say
yeah i'm in the the plague discord because uh because they are doing an airdrop for Grind
and Sappy Seals got Aloe for it
and we had to join by a certain date.
So I looked at their posts yesterday
and I don't know what's going on, man.
They're kind of quiet.
They delayed their airdrop for Grind
because they didn't want to drop it
at the same time as Escalating escalating conflict in the Middle East.
I mean, hey, fair.
But look, now is the time for peace.
So I don't know.
Maybe we'll get it back.
The 12-day war is over.
Trump, oh my gosh.
One of the best memes to come out of the year is Trump at 7am, no tie on the lawn.
They don't know what they're doing. Oh my gosh, what an unbelievable clip to...
Maybe the... No, that's terrible. Never mind. Yeah, but no, it's... What a time to be a live man. Yeah.
KB, are you back?
I'm back, I'm back. Can you hear me?
Oh, yeah, we can hear you.
You've, you're, man, KB's, uh, KB's phone troubles never, never cease on.
It's not a crew life. I don't rug at least once or twice.
So true. So true. Yeah, there's the code word we just uh yeah and kb's phone just absolutely
shuts down kb did you z did you did you boost hell no i didn't z
why would i fucking do anything this stupid frogs are doing oh fair fair yeah yeah the
the yeah no man what oh my gosh, what a life.
I mean, like, I mean, like, I think after the Laudio thing, I was like, okay.
I'm not doing this again.
Did it once.
It was okay.
It wasn't worth it.
And then I think anything like the timeline does, like, there's like the usual suspects.
And now I'm like, okay okay I don't want to become a
oh fuck I just was I was muted the whole time no no you're good we could hear you
yeah yeah you said you don't want to become you don't want to become one of the usual characters
I already added you to the spreadsheet it's too late
yeah you're on the list do you ever get put on a twitter list that has like some like random
like ridiculous name it's like it's like left curve or something like that you're like oh damn
like i'm this person categorized me like this is kind of doesn't have you sequel have you seen golden's list no i haven't seen
golden's list wow kb oh my gosh kb kb apps for a living and her phone is just why why is it not working? I don't know, Gabby.
Oh, man, you're good. We can hear you now.
Okay, anyways.
Yeah, I'm just saying, like, Golden makes these lists of, like, just, like, bad actors or this, this, and that.
So my goal is just to never be on Golden's list.
That was it.
Yeah, real, real.
Yeah, we'll have to see if...
That's a really sad movie. Have you ever seen that movie, Golden's List? Oh, no. Yeah, we'll have to see if... That's a really sad movie.
Have you ever seen that movie, Golden's List?
Oh, no.
Is that a real movie?
No, I made it up.
Wow.
Wow.
Let's say hi to the rest of the crew.
We've also got some market roundup to get into so we can jump in in a second.
But what's up, Judo?
How you doing, man?
Or woman?
All right, Judo. up judo how you doing man or woman all right judo judo is dead judo is not here judo has ceased ceased to exist but my man chaos walked oh yeah right on we had earlier in the space we had
an account join and request to speak.
And I clicked on it.
I was like, I have not seen this before.
And it said daily 18 plus viral videos.
And I was like, no, I don't think actually you're going to be a valued contributor to Kuru Live Resume Joyful June.
So I denied their request and then they left.
So that's probably how that went.
Actually, that was my alt account.
I want to boost some of my alt account's engagements.
Sorry about it.
I should send you a DM first.
Walker, you're crazy, bro.
Dude, I liked your taking us through the going to reconnect with your friends in real life.
That was an awesome saga
dude uh bro it was kind of crazy because with this group of friends i haven't been out since
late november it was at the time i started uh like locked in in web3 and all their like idea
about my life was that i was working in a web two accounting company that
I was doing this and that I had some other offers I was talking about at that time and you know we
were just sitting around drinking beers and talking about our lives and everyone was like
you seem kind of weird because like you said said earlier, being here 24-7 and trying to be all day active because Twitter never stops being active.
Sometimes you forget that IRL exists.
And I had that for six months because also the weather wasn't so good. So you didn't have like the vibe of going out.
Now this changed kind of because it's summer and in summer we want to have some fun.
And yeah, it was very weird.
Me explaining somehow what I'm doing in my life, how I quit my job and stuff like that.
They kind of understand. So it was like,
it was very good speaking out loud to people outside of our bubble and
explain to them why I take this decision in my life.
I actually enjoyed it.
Well, that's good, man. No, I mean, it's really important to, again,
I don't just, I guess I am a dad.
So I do give dad advice a lot.
But you just got to, you got to stay connected to like, who you are in real life.
Like even as you like cultivate an online personality, that's 100% real.
And like, I do think there's something to like people getting into like crypto conversations
in real life and just like the glazed over book
it's a lot of times i'm like i'm actually glad that i don't have to discuss like you know the
circle ipo with you or like talk about like bitcoin and like where it's going to go like we
can just you know talk about sports or we can talk about what's happening in our lives or like
whatever it is and then if you get into it you can just kind of go schizo on like whatever stuff is happening and try to talk to them and go right to stay yeah but sometimes this thing
change chases you because like one week ago i went to the beach for the first time this year
and the guys like next to me was a group of friends that were uh let's say, a weird party.
And, you know, I was just chilling in the beach
and I start hear them talking about how USDC will go
to $3 and how they all hold Cardano for some reason.
And it's like their best investment in life
and how you should be careful of taxes in crypto
because like if you don't tax your $50 profit, government
will chase you up. This is all real. I swear this is real. And you know, it's weird like going out
once a week and hearing this shit coming from the next group of people. Dude, Chaos, you're like a
danger in crypto because you used to be an
accountant and you're like don't no dude you don't need to pay your taxes like it's it's fine
man like they they won't it's all a public ledger but like they won't find out honestly though like
if you were trading cardano dude like how who would even know like does card is even a real
chain man like i don't think that the irs is hiring like 80,000 people and they're like, we need
some Cardano sleuths.
Maybe XRP, man.
XRP is just an absolute menace.
Everybody, if you ask them about crypto in real life, I feel like they're like, yeah,
Bitcoin is cool.
I love XRP.
And you're like, OK, I just I have nothing to say to you.
I don't even know how to convince you that this is a scam at this point.
But, dude, they just love, there has never been a better narrative than flipping the
swift banking system.
Maybe digital gold is better, but XRP, man, they are undefeated in terms of the meme cult,
man.
They just, they have it by the balls.
It's crazy, dude.
Yeah.
Vakru, what's up, up my brother you have got some more
costumes going man you're just living life how you doing bro yeah what's up guys it's amazing
day today it was my last exam i finished it so now i have more time for costumes for cosplays
for events for a lot of styles and it was amazing month i started doing my cosplays i
decided to go to athens lots of stuff happened my life turned he also was talking about work balance
i can say that i'm still shitbox shit posting from my room still locked in in my room and still no sleep but i am happy still have some ero stuff so yeah i think soon
i am happy i am free and motivated energy all this stuff summer i don't know if you if you
haven't yet i just pinned it sounds dude so i'm an ad irl sushi time we got another just man-made horror beyond comprehension for
your timeline right now for crew just keeps on delivering with these dude unbelievable
conversations we need to put a stop to monad mon animals until like we can figure out what
is going on with for crew because i just don't know if we can handle any more of these on the timeline.
But we are getting full saturation of Vokru IRL's cosplays right now.
It's crazy, man.
I can give you an alpha.
Who's next?
I'm already starting to cooking it.
Oh, no.
Moyaki?
I don't know.
I already did Moyaki, bro.
Oh, okay.
Dang.
I'm uninformed. I don't know know do you want to give us a hint yeah it's i'm gonna say it's like not a secret mon
cock you know dude i'm still scarred by your bill monday man that's still the bill monday The Build Monday haunts my dreams bro. Haunts my dreams.
Yeah, I wanted to say sorry for this cosplay.
I don't know how it's like left in internet but it already happened so...
I don't know. I don't know.
Once you post something then it's never going down.
Yeah, I mean it kind of lives in infamy.
I love the idea of like
for crew getting like uh i for crews like i just finished my classes he's probably studying to be
like a finance bro or something and he like gets into his job he's like three to six months into
it and then like he gets an email from hr he like goes in and sits down and they just have like they
just have like the Milan
deck printed out.
And they're like, this was so funny.
We want you to tell HR about it.
And this crew is like, oh, dude, that it's exactly how it works.
Like I'm really studying finance and like math stuff.
Oh, yeah.
Dude, it's like my it's my another side that nobody knows you know yeah i mean no i look at
those cosplays and i'm like this guy has a mind for math that's for sure he's definitely he's
he's ready to i would follow this guy into any investment oh man what a world what a world
yeah also if we talk about like some fresh news uh a few days ago we did merch
that i'm gonna bring to our things also oh cool yeah yeah well coming up soon so kb teased this
but the greece nad meetup is it's next week right kb like are you are yeah i mean you got to be
there's like 130 nads that are coming out for this, right?
Yeah, I guess hyped is a word.
Prepared? Ready?
Not prepared.
I'm not ready.
I am freaking the fuck out. But no, it's going to be great.
Yeah, 130 fucking.
There are not 130 European nads, okay? Like, where is everyone coming from? Like, I'm not 130 European dads, okay?
Like, where is everyone coming from?
Like, I'm just like, what the fuck?
So, I think there's going to be a lot of people around, like, the world coming because dads just be like that.
Listen, if anybody has a LaBubu, I lost mine in New York during my drum and bass night.
I was at a rave at Dave and Buster's and
someone stole it. 100%
someone snatched my LeBouBou
because it was real.
So if anyone from Asia
hears this and is coming to Greece
can you please get me LeBouBou?
KB, you were at a rave at Dave and Buster's?
What?
Yes!
She posted a pic, man.
Dude, that...
I posted a video.
That's crazy.
I meant you just, like, wear, like, glitter,
and you're just, like, hanging out,
and then you're like,
hey, do you want to go play, like,
do you want to go swipe your card
and play, like, Mario Kart?
Yeah, bro, yeah.
Air hockey.
Yeah, they legit had a...
We played air hockey with German bass. There was, like, a DJ in the middle of Dave and Buster's, Did you did you play skeeball?
Yeah, I played skeeball, I played air hockey, we played a racing game, and then like other
stuff.
Wow.
And then you go back and it's just oomts, oomph, oomph, oomph.
That's great. Yeah, it was like
that the whole time. It was like
dance, play games, drink water,
repeat.
Someone for real stole your
labubu. Yes, they
snatched it. Either they snatched it
or I lost it.
You lost it. I was hanging from my bag.
So hopefully somebody found my
Labubu Ella. That was her name.
And they're like, oh my god,
I love this Labubu.
I'm going to take care of it forever.
Because I don't have it anymore.
I need one.
You take care of her.
There's some Labubu.
Someone found my Labubu.
Hey, do you guys know what the itinerary is like i don't i have no idea what's
what's going on i know that like this saturday there's like an official monad event and i think
that's like the only official one and then we have like a bunch of like unofficial stuff like i think
we're gonna go like walk around in a museum there's like a beach day there's like brunch so
yeah but I don't know is there an official itinerary chaos so I know what
to pack am I rugged can you hear me oh we can hear you okay no one's answering
me first chaos he's gooning oh my god Okay. No one's answering me. Where's Chaos?
And he's gooning.
Oh my god.
Hello?
Yeah, do you hear me?
Yeah. Yeah.
I just pinned a photo how I did the someone out cosplay.
It's photo before I paint the mask.
It's like, oh no.
Dude.
Are those kids?
No, not yet.
Alright, alright.
Yep, we've got Grease meetup coming.
We've got some of the crew. Chaos might have rugged on us, but
yeah. No, I'm here.
Oh, he's here.
Do you know the schedule, Chaos?
What are you guys doing in Greece?
I will not say anything
because KB will get anxious
and I don't want her to start panicking.
Wait, what?
Yeah.
Wait, what?
Tell me.
I need to pack accordingly. I need to pack accordingly.
I need to pack my outfits for the day.
Your outfits for the day should be...
You know, we have 37 degrees right now.
So pack accordingly.
I don't even know what that means.
I don't talk in Celsius.
Can someone...
Okay, let me...
You should only talk to Celsius, to be honest.
It's 100 Fahrenheit.
Wow, it's pretty hot.
Yeah, we have a light breeze in the night,
so you better take some light jacket or something.
It won't be needed, but in any case, just take it.
And sandals
and yeah
you will be half the day
in the beach and
that's what you need to know
I don't want to be in the beach with you freaks
yeah
you can't go alone without us
alright alright I don't know how good for con look there's james oh wait is james james are
you coming to greece please come to greece james this man you know you know he's not gonna come
to greece yeah he can't make it yeah make it he's got he's got better things to do all right we got
no there are not better things no better things we'll pack All right. We got to know. There are no better things. No better things.
We'll pack a light jacket.
You won't need it.
But this is good.
Okay.
I've actually got some good stuff for us to talk about today.
We've just kind of been vibing.
James just hit us with a thumbs down.
That's okay.
Let's dive in.
I've got a few.
Okay.
This is an interesting one that I want to get your guys' thoughts on.
So there's like some teasing going on. Or maybe I've got a few. OK, this is an interesting one that I want to get your guys' thoughts on. So there's like some teasing going on or maybe this is just a rumor, but it's been a persistent rumor with Elon wanting to make X the everything app that there could be like finance rails, finance, financial rails like built in maybe some crypto integrations for X coming down the line.
I've always felt like tipping or something along those lines would like make a ton of
sense if you were going to, yeah, like try to make X like interesting.
And I was listening to a podcast about this.
I'm just curious, like, do you guys think that like X, say you could like have, say
you could have like a bank account on X or you could keep a crypto wallet on your profile.
Would you be kicking people tips?
Imagine there's some cool use cases here.
There's always been these bots that people have where you can do stuff like,
hey, send, but you do it through a reply,
right? So you like add a bot and then it like does something for you. Like there was one on
Solana back in the day where you could like have an embedded wallet, but it was not embedded. It
was through a bot. So you'd be like, hey, send this person X amount of USDC or like whatever it
was. What do you guys think about like X trying to become
like this sort of like financial super app, like along with like the social and everything? Like,
is that something that's interesting to you? Do you think it would work? Yeah, like, I just wonder
how you guys think about that. Yeah, I think it makes sense is I mean, it's kind of what Farcaster
is sort of doing in a way, right? Yeah. Yeah, totally. I think it's like an
interesting question because for a lot of, I feel like US participants, which obviously I'm colored
by, we're pretty used to having like a lot of bifurcation in terms of like, okay, this is my
banking app. This is my messaging app. This is my social media app. But I know that in like other
parts of the world
like for instance like india or china or places like that you have things like wechat where like
all of the payments and i don't know about banking but like maybe some degree of banking
and messaging and all these things are kind of like built in together so they all kind of live
in the same app and so i wonder like how an American audience would like take to that.
And it just seems like there's a world.
I heard people talking about like, imagine if there was like a meme ticker, like posted
in like a reply or something like that.
And you could like auto populate a button where you could like purchase into it, like
from the app, like you don't even have to type out a response to a bot.
You just have like your wallet like embedded and it can you don't even have to type out a response to a bot you just
have like your wallet like embedded and it can just like take you right to the ca and you can
be like buying it or something like that it it is a cool idea and since crypto really does live on x
i'm like maybe there's like some world where this could make sense but uh but yeah i don't know
there's also a world where you're like do i I really want to have the ability to click a scam link and have my X bank account get
blown up or something like that? Also, X dies every
few weeks where it's just totally bricks. And you're like, I don't
know if I'm super confident in housing
any amount of my net worth here. But maybe we would trust
Elon on this. I don't know.
But yeah.
KB, what do you think?
Oh, you go.
Oh, I think it has a lot of the same drawbacks
that you get from these non-banking apps
like Cash App and Venmo and things
where a lot of the unbanked population
really isn't aware of the drawbacks
that come with those.
And I've said it before and I say it and I'll say it again.
There's a really good NPR podcast about that because it's like 4.2% of US households are unbanked.
And a lot of those folks are using those non-traditional, like really not a bank account bank accounts like it's
that industry uses like a third party they're like like even paypal does that i think right
so it definitely makes sense for x to do that too the non-banking banking app yeah and i mean like
farcaster is always like kind of painful to use like i I used it back in the DGN days. I do. I don't
want to hate on Farcaster. I'm glad that we have cool monite integrations and people that are doing
interesting stuff to try to further like a decentralized social media platform. I think
that those are all good things and I support the work that they're doing. But a lot of times like
then I was around for the DGN wave, if any of you guys saw that, which was like an extension of
tipping and kind of became like the native tipping currency of Farcaster for a time. It was like a
good cook for a little bit there. I've always thought that if they did something like Reddit,
where you could give Reddit gold or give awards or something like that via the Twitter app or via X, that that would be cool because I could,
I don't know what world would look like if like somebody posted a banger, if I would be inclined
to like kick them like a dollar or $5. But I think that there are probably people that would,
you know, you have subscriptions, you have X being monetized, all of that stuff. And,
you know, maybe there's a world where like if like if like back with like the monitoring
the situation thing, like some of those memes were just so good and so funny that like maybe
you would kick them like a dollar or two or maybe like the way that you could do it is
that you aren't just tipping them in terms of dollars, but you're tipping them some kind
of like X gold or something like that, where like it's some native in-app currency or something like that.
Or it's Doge.
That like you think about, okay, am I going to send you a dollar for that?
Maybe I'll send you a thousand Doge like that.
That would actually be like really fun and like interesting, I think.
And something that I could see, you know,
like just having like a hundred,
like 50 or a hundred thousand
doge or something like that. Maybe that's too much. That actually might be a lot of money,
but wasn't that a thing? Like a doge tipping app, like in early doge days, people were like
just sending each other doze, doze via tips. Probably. Yeah, probably. I mean, there is like
a doge chain now, which, um, I do own dogenals on because I'm just an absolute retard.
But yeah, no, I think that is the thing. Yeah.
Wait, okay.
KB, gosh, KB is struggling again.
That is okay.
We're going to get it.
Okay, tangential, and this might be on your agenda.
Yeah.
But did you see that the U.S. is going to start including those, like, pay-as-you-go, like Klarna and stuff, in credit scores?
Yeah, dude. Oh my gosh. I mean, I don't use Klarna or pay-as-you-go.
Oh, same. DoorDash and integrations and stuff like that, where like people are like paying like $2 a month
for their like burrito. Dude, that is crazy, man. And the default rates on these are like unreal.
I saw something from Klarna or Affirm or something like that, where they are like
down like million, like people are not paying them back, dude. It's, oh my gosh, that's so crazy,
dude. Yeah. I don't know, man. It's, oh my gosh, that's so crazy, dude.
Yeah, I don't know, man. It's kind of a dark expression of like the financial nihilism that we're living in.
That like, yeah, man, people are just down bad.
I do think that that's a place for gratitude, man.
Like we, you can't take for granted that like everyone has good financial
hygiene, like baked into their thinking. And I'm not even, I'm not even particularly sharp myself.
Like I didn't even know about like, uh, high interest savings accounts until like 2022,
I was like 25 or 26. So like, also I'm, you know, like left curve and not the sharpest tool in the
shit. But like, there's just a lot of these things that people, they just don't even think about
Like, or you're building credit or stuff like that.
It's so, it's so tricky.
Yeah.
You're a millennial, right?
I'm a, I'm like, I consider myself like an elder zoomer.
Yeah.
But kind of, I'm on the borderline.
Oh yeah.
I'm a millennial.
So like my entire generation, it's, 70% of us or something.
Like, we're all socialists.
I mean, I'm not, but a lot of us are socialists because, like,
we don't have any, like, say in a capitalist society, essentially.
Like, we don't have a chip.
We don't have a seat at the table, so to speak.
And there's a really good Peter Thiel email about it i'll have to send you yeah was it to um was it
to mark zuckerberg uh he was cc'd on it you might have saw it uh billy walsh uh posted it yesterday
i kind of remember i kind of remember that um yeah no that, no, that's an interesting piece. Yeah, you mentioned that stuff.
And I mean, guys, like, I don't know. Look, we don't want to get too into politics. But like,
if you want to see like an expression of like some financial nihilism going on, like, dude,
Zornan Mamdani is the is the Democratic candidate for New York City, which I'm kind of interested to see because it
seems like it's just a, okay, he's going to be the mayor now, right? Like that is kind of like
where you would think about things going. But I'm really curious because people are going to
chimp out about this. Like one, I think that people are just going to leave as an expression
of frustration, angst, ennui about this happening in the first place and just about like the future of New York City potentially being absolutely cooked.
I don't know if we have any New York City residents in the chat.
I've seen a few people be like, Miami it is then or like whatever.
But, dude, it's crazy.
So I'm really curious because the people like Zoran Mamdani is like very anti, he's very
woke, right? Like he's pretty avowedly like anti Israel, anti Zionist. He said he would
arrest Benjamin Netanyahu if he came to New York city, like Bill Ackman and guys like that
are going to do anything that they can to get like Eric Adams or who's running as an
independent or Andrew Cuomo maybe running as an independent. And then like, is there a world where
like the honorary Republican candidate whose name is Curtis Sliwa, he's been in like New York City
politics for like a long time. Is there any world where he like sneaks in? That would be like an
unbelievable outcome, man man but could they
like split the boat like so hard or could eric adams like come back and bring us like the the
istanbul of the united states again like it's just oh my gosh i don't know if anybody had any
reactions to the zoran um news but then he was a rapper dude he was rapping and it's so bad
oh my gosh what a world yeah whenever they post videos like that of like someone's like rap past i never listened to it i
just watched the video and like you can you can use your imagination you can pretty much you can
pretty much tell there's one with him with like his grandma or someone's grandma and it's honestly
that's probably why it's just like for for your life. But yeah, I mean, Democrat, literally like a democratic socialist, like talking about like government controlled grocery stores.
I will say like admittedly that I am kind of my the the dark side of my mind is like there's like an accelerationist way of thinking about this where I don't want Zoran Mamdani to like ruin New York
City but like if you can have kind of like the before and after of like how this would go with
like sending social workers to like deal with like mentally ill people like look I mean I know
these are like complicated issues and I'm not going to pretend to know um the absolute truth on this but i have a gut instinct about how a lot of this
stuff would go now to be fair like has it gone well like it's not like people look at maybe like
the city of chicago or places like that and they're like this has been so mismanaged that
we're like never going to elect a democratic socialist again. But like there has been the San Francisco people coming out against that and everything.
So I do wonder if like there's just a world where like the before and after of like how this stuff could crash and burn becomes real.
But I do think that there it is just kind of maybe it shouldn't be unbelievable to me,
but that people still truly believe like socialism has never been truly tried.
Let's give it a go again.
Government-controlled grocery stores.
It's kind of dark in the world that we live in right now.
But I hope for the people of New York City that it doesn't just absolutely make it worse.
Because I lived in New York City during COVID.
And yeah, man, it was not ideal.
I definitely was not a fan of de Blasio.
And it was a brutal time.
But I think it does just show the energy that someone that is young can really carry.
Because if there's anything that you take away from Zoran totally value neutral of all of his beliefs he's just energetic and charismatic
and so he really got after it and that worked which is like kind of interesting and I think
bodes both like not well but also well for like the future of like young candidates that are
going to come into the political space but But yeah, that was, you go.
I think a lot of it may have had to do with anti-Zionist,
like the anti-Zionist Malou, like, you know,
like there's,
there's a large voice there that he could tap into in New York for sure.
Um, but have you done any like research into him?
Like I'm not from New
York so or I don't really go there that often so I didn't look into him but I kind of want to do
like the tinfoil hat thing and like see if he has any connections to the CIA because it'd be really
funny if he did because then like you could definitely build out a narrative where what you
said is actually the plan where like he just goes into New York,
crashes and burns,
turns everyone against democratic socialism,
and then they embrace a far-right leader
in the following election.
That's a fun story to write.
Well, I don't know, man.
I've only gone surface level into Zoran.
I confess that most of what I know about him is just what
I've picked up from tweets and everything that I think he's kind of just been a classic like,
yeah, like political organizer, never really had a real job type who became a city councilman
and just kind of rode the wave into where he is now.
So, yeah, that's really all I know about him.
But I don't know, man.
Maybe there are these deeper machinations.
But, I mean, we've got James in the audience in a world where maybe they're harvesting our likes on random bait post accounts
on Twitter and everything.
I don't know, man.
You don't necessarily put anything against the powers that be. But that does feel like some serious 4D chess. And I don't know
how much of a 4D chess believer I tend to always be. But yeah, no, it's been crazy. I'm just,
I guess, glad that I'm not living in New York City at the moment, because it might just be a
really interesting and wild
time. But to watch from afar is going to be kind of an interesting experience. But really the race,
like, yeah, because there's just going to be a lot of money that's going to flow into anyone
but Zoran, you have to imagine. But I don't know if that will be powerful enough to to stop him so yeah i don't know
speaking of the powers that be are you excited for the palantir merch drop tomorrow is that real
is there really a palantir merch drop tomorrow yeah man i i'm gonna buy the t-shirt that's pretty that's pretty hilarious i do uh i have an early m'lady merch hat that um
says i hate the un and it has a m'lady hat on it and i wore it to a baseball game once
and i just it i love this hat but i just can't wear it out of the house my wife just will
not allow it so yeah man i mean but i. I mean, the Palantir merch is pretty unreal.
That's awesome.
Yeah, the shirt looks cool.
The back of it, it's kind of lame, like the way they did the text.
I'll send you a link.
Oh, yeah.
Oh, yeah.
I love it.
Wow.
Okay, let me look back at our topics list.
our topics list we've got interesting okay this is an interesting one kind of on the dystopian
We've got interesting.
Okay, this is an interesting one.
wave reddit has been in talks with world coin to potentially integrate some of the kind of like
person uh verification type stuff and i wonder like how so we've obviously talked a lot about
sam altman and sort of about worldoin over the last year or so.
My famous prediction that Sam Altman will absolutely crash and burn and be something like the next SPF is kind of in play.
It still seems like we've got half the year left.
So let's see what happens in that way.
But yeah, like I guess there's both like the idea of world coin itself which is run by sam
alderman and not run but like he was one of the co-founders and everything there there's like the
one aspect of it where like there's kind of the overhang of like i don't know if i trust this
team i don't know if i trust this project but then there's also like an interesting tech aspect
where like if what they said was true for instance, where like the data never leaves the orb or it can be stored locally on your phone and like it's ZK, you know, encrypted. true, totally divorced from the fundamentals of WorldCoin itself, it is an interesting idea to
think about social media apps or dating apps or any type of online interaction where you could
actually see like, hey, this is a real person. There's sort of like a shade removed of this on
Twitter where like, oh, this person's verified. They're paying, you know, what, 8, 11, 12, however
much Twitter premium is now to have a real account.
Maybe there's some degree that I can be assured that there may be a regular person.
Although there's a lot of bots with Twitter premium still, I think.
But yeah, so I don't know.
How did you guys have any takes on KB?
Are you going to scan?
Are you going to scan your eyeball?
Do you have any takes on WorldCoin and if it were to integrate with some more of these social media or different platforms?
Hell no, I'm not scanning my eyeball.
But I guess we already do face recognition because of convenience.
So they're probably already scanning our eyeballs.
our eyeballs yeah um i don't know it's like you say like you're not gonna do it but
I don't know.
they kind of like trick you into having to do it right and like there is gonna be like
just straight convenience um yeah it's a bit scary yeah if i don't no you go ahead yeah i mean it's like thinking of like like what like what do you do
like because i feel like it's already kind of happening and we don't really know it you know
yeah i mean for sure like i mean you have you have an id you have apple face scan every time
you go to the airport they're taking a picture of your face but you actually i don't know if
you guys know this but when you go to the airport they're they're taking a picture of your face, but you actually, I don't know if you guys know this, but when you go to the airport, they're going to take a picture of
your face. You can actually say, no, you actually don't have to do that. You just seem kind of like
a crazy person, but, uh, maybe they like flag you or something to get like patted down, but
that does not happen to me. But, uh, but yeah, you don't actually have to get your picture taken,
but, uh, but yeah, no, it is a crazy world. Again, I see the use case
insofar as having more normal, real, physical people on these apps and everything. It could
make sense so that you can really reduce the number of bots and non-human interactions and
things like that. But it still just kind of feels like a like a dark future
but but maybe if there was some assurance of the of the tech and everything but i think we all are
just so scarred by like hacks and like encryption being broken or like crypto yeah yeah yeah that's
the issue right like things tech can be hacked Tech can be like manipulated and, you know, people can get
into that. So it's definitely a security issue. Also, like they're starting to do these digital
IDs for the plane. Have you seen that? No, I believe it though. Yeah. Yeah. So they're called
digital IDs. My friend, it has, she's in one and in like a beta it was like the first time i've seen
it and i'm like wait what and she doesn't have to like give her id or anything it's like all
based on like an app on delta or something and she gets to skip the entire line but yeah it's
kind of weird yeah i mean there's like i mean you've already got all of your like i don't know
about you guys but like i use Apple Pay right like I
don't really ever pull out a physical credit card anymore I just kind of scan with my phone and like
I don't even have you know I don't have an insurance card in my car like I have my insurance
card downloaded on my phone that's probably not that wise you you you really want to hand law
enforcement your phone that's crazy crazy. Honestly, real.
Yeah, probably need to rectify that.
What can I say?
But yeah, man, no.
It's a digital world, man.
I don't know.
Definitely know some cashless society schizos that are not particularly excited about that.
society's schizos that are not particularly excited about that. But I am curious where,
like, it doesn't seem like a far leap that, like, soon your driver's license or something like that
can just be, like, ported into your Apple wallet or something like that. And I don't know, you just
scan to get on a plane or, like, whatever it is that you have to do. But yeah, man, I don't know.
What a world. Maybe not WorldCoin,
but I feel like I keep saying what a world.
That's okay.
Also, some interesting things happen.
Okay, so this was an interesting piece.
I don't know if anyone looked into this,
but has anyone been following
the token transparency framework
from BlockWorks that came out last week?
Maybe not. transparency framework from blockworks that came out last week maybe not slow did you look into this at all oh charity man what's up brother i was absent that day fair yeah what's good? What's good, man? Oh, slow. What's up now?
Yeah, I saw you yesterday at the Shark Tank.
You were doing an amazing job there.
That was really cool.
That was really cool.
You know, it's not an easy job to, like, you know, be at the top,
moderating thousands of people, like know carrying people along that's really
that's really impressive and guru and your exchange is really really cool and i don't know why you are
i think a number 30 something but the thing there is that i feel like you should be at number one
instead of um christian exchange because your um your your your exchange is more faster than that because trust me,
I've transacted a lot in that bar.
I bought a lot of coins, you know, all of those kind of things.
I don't know why.
You have a really cool, cool exchange idea.
Yeah, shout out to you.
Hey, thanks, man.
Hey, what can I say?
We're trying to build the number one liquidity hub for Monad, man. So that remains the North Star to be the home decks for finding trading and launching coins. So thanks, brother. I appreciate it. Yeah, the goal is still to be of that, so there's this token transparency framework that came out from Blockworks. I do recommend that if you haven't checked it out yet, there's some good podcasts from Blockworks, there's some good write-ups about it and everything. is a form of kind of like self-disclosure or maybe like disclosures
that Blockworks works on with different token projects
where there's like a number of ones
that came out in like this initial cohort.
I think there's five or six coins that were a part of it.
Coins like Gito, Morpho, projects like that
that are pretty like established
and have already had, you know, like TGEs
and have tokens live. And basically what it's doing is disclosing things like, you know, supply unlocks
or like information, like, you know, I don't know how much in the way of like market maker
agreements and stuff like that it is. But in the long run, what it's doing is essentially going to
give kind of like, for instance, it could disclose
like plans about like revenue sharing or like what the team, what the labs and foundation
or DAO relationships are like. It's basically a way to give more transparency around tokens and
like help people to be more informed, which I think could be like a huge win for retail users generally like us to be able to have more of like clarity, both
for existing tokens that already exist, but also in the future, if this was to become
a more standardized thing that like you could go on to say like CoinGecko or CoinMarketCap
or even like centralized exchanges and see like a project's
token transparency write up and like actually have like more fundamental understanding of
like what's going on and like what people are having in mind or planning or already
have in place with regard to their tokens.
So it's a great step forward for the industry.
I think it's been received really well. I hope that people continue to adopt it. It sounds like there's been a lot of inbound
of different projects and tokens that want to work with Blockworks in this way. They don't
charge anything for it. So it's not like a grift where people are kind of just like paying to get
some positive recognition. There's still some room for it to
grow. Like right now, all of the information is like self-disclosed by the project itself. So
there probably has to become some kind of like independent audit verification that it'll grow
to down the line because there's still the potential that people could lie or fudge this
information that's being put out. But if it becomes standardized in a lot of ways, I think it could be like a huge step forward. As somebody said, one of the guys who made the push
for his name is Dan Smith. He's the head of data at Blockworks is like, in terms of transparency,
like the industry in terms of crypto has been like a negative two on a scale of like zero to 10
for like the longest time. It's been like actively, like maliciously non-transparent.
And now maybe the token transparency framework
can get us to like a three or a four
and continue to grow to try to get to a nine or a 10
in terms of like being as transparent as possible.
So yeah, it's kind of a cool thing
that I recommend you guys look into.
Yeah.
Yeah, I had no idea.
Thanks, Josie, for that.
Yeah, right on.
Yeah, let me find – I'll find the announcement, and I will pin it.
Right.
Yeah, pin it.
I want to bookmark that.
I need to lock in and catch up on reading.
Yeah, they made it really front and center on the Blockworks page.
There's a shortcut to it in the upper right-hand corner.
Wow, it turns out...
Yeah, there's King Louie in the front end of the audience, listeners.
Yes, the man from greece himself all right i'm searching i'm searching this is happening
okay here we go here we go all right i just pinned it i just pinned their thread and it's
got a lot more information um yeah most tokens are characterized by extreme opacity. The framework fixes this, enabling a flywheel that elevates our industry.
It includes supply schedules, market maker and exchange listing agreements, related party transactions, revenue streams, the relationship between equity and token, foundation token allocations, off-chain entity structures.
So, yeah, it's all going to be like open source grassroots and
yeah, no, definitely worth looking into. And the projects that were first to be a part of it were
GEDO, Aerodrome, Stride, Radium, Morpho, and Jupiter. So honestly, like some of the biggest,
most kind of like legit Solana protocols, which is like kind of interesting that those were
some of the first to jump in. Although obviously Aerodrome is a base project and Morpho, I think
may very well be there. I think Ethereum based integrated with Coinbase. Maybe they exist on
Ether base, maybe both. But yeah, so that's kind of like the initial cohort and a lot more that
can come down the line with that. So it's pretty cool. And there's some really good podcasts where
they, this is just the last thing I'll say on it. I find this stuff just like truly fascinating. So
forgive me for ranting on about it. But they talk about this idea, this guy from Faya Capital,
But they talk about this idea, this guy from Faya Capital, which is basically like a fundamentals based investment firm that has done a lot of really good work on like trying to value protocols based off of their revenue.
You know, people say that we're in a revenue meta, but like really, this is just kind of like where the world is going.
Like we need to value protocols at least at some extent off of like the actual, you know, like money that
they're generating, this will just create a more, yeah, at least like fair, like somewhat
interpretable understanding of like protocols and everything doesn't mean that protocols need to
have some high degree of revenue to be able to be valued, because you can still base things off of
like the future, and like where they could go in the way of like a tesla or a palantir or something like that in public markets but uh but there's this
idea that he talks about it's called like the lemons versus peaches idea like with cars where
like you guys probably have heard of like lemon laws if you live in the United States. And it basically has to do with like the used car market
in the United States used to have these kind of like barbell of like either awfully awful cars that
would just like die as soon as you bought them, or would just have all of these problems. But then
there were like great cars that were on the market. And what happens when you have like,
cars that were on the market. And what happens when you have like, good assets and bad assets
is that their value, the bad assets kind of get pulled up, and the good assets get pulled down
in terms of their value, right? So they find this like equilibrium that is not really representative
of the value that is being expressed in that. And they characterize this as something that tokens are being hurt by
as well because there's good coins that essentially get pulled down by scammy coins that are being
pulled up into this like mid ground but is not really like true of like what is actually happening
like behind the scenes and everything and so the United States did a lot of stuff with like lemon laws and tried to basically like crack down on the sales cars
that were like really problematic, both from like the dealership. I don't know how much they did on
like the private side, but still in this way, you can get more token transparency on these different
coins and everything. You'll be able to find the truer value of these different assets. And I think it could really revolutionize how people go about like investing and doing
all those things in the crypto space.
So yeah, hopefully like a democratization in that way.
Yeah, man.
All right.
A lot of talking from Cozy.
So forgive me for that.
But it is good stuff.
I mean, man, we got we got World War III. I feel like we don't really
need to touch on that too much. Pompliano raised $750 million for another Bitcoin treasury vehicle.
I don't know if anybody has sophisticated takes on Bitcoin treasury vehicles, but
that's kind of insane and feels toppy but maybe this is just a
sign of adoption um we don't really know at this point but uh but yeah no it's been
what is what is toppy at this point like what is a top signal i just feel like everything is like
a top signal but are we just jaded at this point and yeah are we just kind of like
this is just what like adoption looks like and we're just kind of like yeah no that's a good
point and i mean like top signals have in the past looked like adoption but it seems like there
are things that are breaking through to where like Bitcoin is probably in a different class than
the rest of crypto combined right now, right? Like they're just at a different level of like
institutional adoption. It doesn't mean it's never going to go down again, but it's going to have
like this different staying power. It's kind of solidified itself as an investable asset.
And stable coins clearly are catching this like insane bid that we
would have described as toppy. But is it toppy or is it just kind of front running this demand curve
that is coming for stables to be used in institutional context, in business context,
in third world or second world context, where it can be a store of value and a medium of exchange
and all of these things. So yeah, it's so true that like,
we're just kind of both like fried by like our PTSD from the past. But also like these Bitcoin
acquisition vehicles feel like top signals, I think, because we're still maybe rightfully
jaded by, you know, like a GBTC trade from Grayscale from back in the day where this collapsed
and caused just like cascading liquidations for Three Arrows and like all of these big investment
firms and just absolutely nuked the market. It doesn't seem like that necessarily is the case
with all these Bitcoin acquisition vehicles that they would just absolutely destroy Bitcoin,
but it could really
hurt if some of them blow up. And I have listened to so many pods of people talking about this,
and it just kind of seems like people don't know what the long-term feasibility or viability
of all of these things are.
Yeah.
Yeah.
Whew, man.
All right, well, it is 10.50.
I'm going to check.
Let's look at...
I bet that there is DeFiAC going on in a bit here
bit here with Abdul from the Monad team. They are talking about yields with Moo Digital,
with Abdul from the Monad team.
Sprout, and Axel. So that'll be kind of interesting. Yields are the backbone of DeFi
and direct most on-chain capital flows, but all DeFi yields are not built the same. And the UST
collapse in 2022 made us all question yield sustainability.
Today in nine minutes, Abdul and the crew are going to be chatting with some builders
working on bringing better yields on chain.
So definitely check that out.
This is going to be a fun space to go over and pop into.
So guys, this has been fun.
Thanks for coming out and hanging out.
We can resume joyful June.
Bitcoin is kind of chilling right now.
We're at loading, loading.
Oh, wow, we're pumping.
We're pumping during the space.
This is not a top signal.
We are just back right now.
Bitcoin at $107,840.
Hype is at $38.
ETH, just chilling, man. $2,400. Sol is at $145. So we'll see. But
Bitcoin is definitely leading the charge again, rallying back to where it was before all the
Israel-Iran stuff. So we'll have to see. This could be a fun week. And maybe we're going to
get some Joyful June, or maybe Joy joyful June has just been shifted over to July,
even though this isn't historically the best time to,
to invest in trade.
So yeah,
guys,
I don't know.
do you have anything else?
I think we might just be chilling.
Yeah.
Yeah,
man.
I think it was great.
Thank you for yapping.
I need to brush up on my reading.
I'm going to set a goal where I'm going to read an article a day. That's my goal.
One article a day. But yeah, no, thank you for yapping and informing us with everything. Really
appreciate all the work that you put into this. It's a lot. It's a lot to know. It's a lot to
understand and to yap about. So I think we're all pretty lucky we have you. Well, thanks, KB. I appreciate it.
It's fun.
And I probably still yap too much, but we'll all get there.
And we'll maybe I'll try to start.
I will also try to start putting into the space announcements more of the agenda for
what we're going to talk about so we can all come and be more informed.
But it's a good time to come together and do market roundups together.
I always enjoy this.
Like I said, we kind of lock ourselves away if you're working fully remote.
So it's way more fun to talk to your friends online.
So, yeah, thanks for coming out this week, guys.
Really appreciate it.
Kuru Live for this week.
We will be back next week at 9.30 a.m. Eastern time.
It's going to be a fun one.
Guys, we've got, man, if you're not in the Discord already, join the Discord.
All I can say is Monday is going to be a big day.
I'm just teasing.
I'm just teasing right now, but we've got some big news coming on Monday.
So that's going to be a lot of fun.
So stay tuned on that.
We've got another NFT collab dropping tomorrow.
So if you haven't gone and traded on Kudu yet,
go over and rip a few trades
and you'll be eligible to win some whitelists tomorrow.
That'll be fun.
And keep an eye on the Discord on Sunday night
because we're going to be leaking some of the news.
And then Monday morning, it's going to be
a fun one so um yeah guys looking forward to it thanks so much for joining and hanging with us
let's resume joyful June and uh yeah go from there so guys thanks for coming out today
and uh have a great rest of your Wednesday peace guys Thank you.
