Lucky Lead: Digital Art Renaissance, More Bitcoin NFTs, NFT physicals

Recorded: March 8, 2023 Duration: 0:38:58

Player

Snippets

GMGM, thank you for joining us here today. We're going to start the show in just a few minutes. We'll give it a few for folks to filter in, get our speakers up on stage while we wait. Here are some tunes.
One, two, three, four!
(upbeat music)
(upbeat music)
3, 2, 1, yeah!
(upbeat music)
Good morning and welcome to the Lucky Lead. Today is Wednesday, March 8th.
Happy Wednesday. It's hump day. Today is already off to a fast start. We've got a ton to cover on the show. I do see some friendly faces out there. Ray, Janus, Willis, Chud, several others. But as a reminder for any new listeners out there, we run the show every weekday Monday to Friday.
at 10 a.m. Eastern. It's a 30 minute show covering all the major news and crypto, web three and NFTs. This show is meant for those interested in discovering the space, those actively buying and selling in the crypto and NFT markets and those here just doing research. I'm your host Tyler D known to say
So to my colleagues, as the guy everyone cheated off of in high school, I'm also joined by my amazing co-host, ghost content star over at Lucky Trader, deep in the So Rare Streets, quietly a whale NFT trader, Emily loves crypto, a web 3 security expert, and co-founder of the foolproof app.
also got CT. She's got deep experience consulting and advising across web 3. She is our resident Bitcoin NFT whisperer. We're lucky to have her CT. Good morning. How you doing? Good morning. I'm doing great. Excited for the show today. I think there's going to be a lot of news about art digital art, you know,
that maybe are a little away from PFPs. As much as I love PFPs, we got to, you know, branch out a little bit. So I love it. Yeah. Digital art and Bitcoin are on the the docket today. It's right in your wheelhouse. This is going to be a CT highlight show. Ready for that. On the docket for today, we've
We've got Claire Silver in the Louvre in the broader digital art movement. We're going to talk about some more NFT action on Bitcoin, hit Porsche's botched air drop, talk Luke and Ned's going to Arkansas and what that means along with all the top news. Before we get into it, go see if you want to take us through our listener question for today.
Yeah, we're talking all things art today. So on brand here, we want to know from you, what is your favorite piece of digital or AI art? So please post them in the comments. A bit of housekeeping as always. If you enjoy these shows, Tyler does a great recap every morning in his morning-minute newsletter. So I will pin that to the spaces as well. So please give that a subscribe.
A little context there for Tyler's comments in the intro there. We were talking in our group chat about how thorough and how great Tyler is every day with all of the market updates. I think Emily mentioned that he seemed like the type of person that would be cheated off of in high school and Tyler confirmed that.
back story there. Yeah, that was very much the case. I always had my homework done well in advance and all of my lazy friends would like to copy off me and I usually gave in those sometimes for money, which is one of my beginning of my entrepreneur. I resemble that remark. Yes.
Tyler, were you the original like kind of like a dookie dash delegates who made money you were kind of like the homework delegate for very similar I think I might have pioneered token gated homework I was just ahead of my time all right well let's get into it our top story today Claire silver in the Lou the digital art Renaissance
happening before our eyes. This headline is a couple days old now, but I feel like we haven't done it justice on the show just yet. So the news is Claire Silver, her love in the fourth turning one of one will be exhibited in the Louvre premiering March 21st.
Seems like a huge fucking deal not just for Claire or for a I art seem like it's a big deal for all of NFTs digital art and digital artists in preparation for my news letter in our show today I did a bit of digging yesterday into the history of NFTs being adopted by major museums
And the way this is played out just a few years ago most museums were kind of loudly contemplating if and when they would ever incorporate NFTs many pointed to the environmental impact in the carbon footprint as a reason to just avoid entirely fast forward a few years now NFTs and digital art are being accepted
it in showcase by some of the top museums in the world without any major statements or fanfare really. I think that's been a big thing for me about this Claire and the Louve announcement. It doesn't seem like they're doing it for the headlines or for profit though some museums certainly are doing that. They seem to be exhibiting these
on the merit of the art and as a nod to the power of this new medium. As a bit more detail, I kind of put together a timeline of some of the major NFTs and artists that have been featured in museums, so just running through a list. So the MoCo Museum and Amsterdam featured FIWO,
Red Dog Jones, Beeple and more back in December 2021 in a new future exhibit. Then Beeple's human one was in the Castile Day Revoli and the N+ Museum in Hong Kong back in 2022. Pindler Van Arman and his reimagined AI Quantum Dreams was actually featured in the Louvre in September 2022.
We've seen crypto punks and the Miami Institute of Contemporary Art back in November 22, crypto punk number one 10 in the center, pompadow in France in February of this year. And auto glyph was also featured. We saw Cosmo de Medici donate his collection of 22 works to the LA Museum of Art.
in February and now this latest headline with Claire Silver. So it seems to be a growing list here and adoption seems to be accelerating. So I guess my first question to our speakers here is am I making too big a deal out of this or what are your thoughts? Ghost, maybe I'll start with you.
I think it's awesome. I mean, I think that we're gonna see a paradigm shift just like we've seen probably an art over the last hundred years where like I feel like there's there's that initial phase of rejection where like I'm sure when people start using Photoshop to make art all the traditional
traditional artists were like, oh, this is disgusting, like this isn't real art. And the same thing happens every time there's a new innovation. And I feel like AI art, like seeing something like this go in the Louvre is going to be like that moment where everyone just starts generally accepting it when there's a great piece of art. So like that
acceptance and like acknowledgement from these major museums is just humongous for the space and for the medium as a whole I think. C.T., you're rocking that the squiggle P.F.P. clearly a nod to "Did you and the bard... I'm curious for your thoughts on this."
Yeah, I have a lot of the same thoughts as Ghost. I think also was really crazy about Claire Silver this year is, you know, she wasn't, she didn't just have this major, major, major announcement with her one of one and this collection. Her, her work was part of the Lackma conversation as well.
So one of her self portraits is in that collection. She's had some crazy, she's an all-time high for one of her pieces this year. She's doing something with QTWL. So her year has been absolutely crazy and I think there's been a lot more eyes of course from both collectors and speculators on the AIR category.
as sort of like the new thing when it comes to digital art. Obviously there's generative art people are really interested in, but after seeing life in West America kind of blow up overnight, one of those brain drop straps, I think there are a lot of eyes on that.
And yeah, I think I feel like it's mostly collectors and not a ton of speculators But I think the speculators are still farming blur points, which is totally fine because what we honestly I think we need them to But yeah, I'm excited. I'm doing some research this week for sure about and
the whole industry. It's just, it's not just Claire, it's a lot of people and it's blowing up for sure. All right. So that was going to be one of my questions. Who the winners might be. It sounds like CT is going to do a deeper dive on AI art coming out of this. So that's good to hear. Emily, I want to get your thoughts
I'm at 10 out of 10 on the bullish scale right now. I need to be checked a little bit. We were chatting. The Louvre has had a history of highlighting modern art in the past. So I'm curious for your thoughts on this. And maybe checking me a little bit.
Yeah, I mean, I think it's I definitely think it's really interesting that the Lou was bringing in. I mean not not even just modern art but specifically Digital AI art right like they've got to put it on a screen. It's it's almost like the epitome of right click save which I think is
It's super interesting in order for them to display it right and so I like I appreciate that they're bringing it in I think that's Absolutely fascinating. I don't know what the normal life span is of an exhibit in the Louvre and I know that they've had a You know
absolutely high profile sought after exhibits in the past completely disappear for decades until they've you know been found stuffed in some art archives closet like under shitty lighting in some weird random museum you know many decades later
So yeah, I think it's really interesting that that is what's going on. The thing that we know about one of one art and just kind of like art in general is that it falls into the same accusations.
that NFTs do a lot. So I guess I'm curious to see, you know, what really the public reaction is to it, if it sparks any interest in AI art specifically. And like the thing about digital art is that there is really no other place to put it other than an NFT
If you want the provenance, so I think that component of it is pretty interesting and I was gonna ran in your parade for you. We can save that. But no, I appreciate your take there and I think that's all accurate. I am curious. Is it gonna be more your traditional NFT fans and digital art enthusiasts who are gonna be
you know, visiting and seeing this in the Louvre and other museums, or will we start to see a broader impact and interest come from this. I guess kind of quickly, I wanted to just talk about this, this era that we're in. I'm curious if our co-hosts have kind of ever sat back and thought about what's happening around us. And we have more access to top
top artists in this field, then I would say anyone has ever had before. Just a personal example, Alpha Centauri Kid is one of my favorite digital artists. I was able to do an hour-long interview with him through my show about a year ago. I've been able to have DM conversations with him through Discord
through Twitter like this is unheard of and I want to make sure people understand what is happening around us and the access that all of us have so I'm just curious you know goes is this something that you've consciously thought about I know you've gotten into some art collecting is this is this on your radar and kind of how do you feel about it
Yeah, I mean, I love it and I will admit that I was not someone who collected art or even cared about art really at all before getting into NFTs. So like I think I'm a perfect example of how NFTs and like this era of having like a very easy digital access to these art these artists and pieces of art that we love so much is like
such a huge opening for the art space in general to just expand their horizons. I would have never considered myself an art collector and if you'd have asked me this two or three years ago, I would have been like, "No, there's no way I'm spending money on that." But now I do because one, because I like to speculate and I like to trade in and out things, but there are a lot of collections this year.
that I have bought just because I really like the art. And it's definitely been a change in mindset for me. That is good to hear it. And CTE, I know you're active in media and writing. I'm curious, have you been able to make any personal connections with any artists through NFTs or the Web 3 space? I think one thing that I've kind of
seemed a lot of artists is, a lot of them, you know, tend to be pretty introverted. And so I think when a lot of them start to get into this space and they, you know, have to kind of like build and maintain a community, it's not always easy for them. I think it comes more naturally to some than others. But yeah, I just wanted to note, I think like that's probably a
challenge that I've heard in some interviews with different artists that they definitely go through. So I try definitely be patient, you know, because even though it's online, like, you know, you can still be introverted, right? Like interacting with the community and sometimes even like interacting with, you know, troublesome community members.
can be really taxing and probably takes away from you know their daily ability to be creative and make art so something about that like it's kind of just different right it's different than artists who are just like I am making art and that is it you know it's not all roses there is death
I actually point back to ACK. I mean, he launched a free meant for for holders of one of his tokens or additions. And then like I went to the discord and half of it is just people complaining who didn't get it. Right. So here's an artist trying to do something nice for his community for free. And then he's met with fire in Brimstone, right.
I advise artists, maybe just don't do a discord at all or hire a manager because you're not going to want to deal with that on a daily basis. But I want to move on. We've got a lot to cover on the show. I think my main takeaway for listeners is don't get too carried away with PFPs and Dejan flipping every day and miss this entire digital
our movement. Pay attention and try to get something that you resonate with here. So you've got something to reflect on when this is all said and done. All right, let's get to our next topic. But before we do that, how about the news?
Today's top headlines powered by a lucky trader. Trading volume came in at 35,000/8 on Tuesday up 10% from Monday though most NFTs were read on the day. Youga completed the final score review for the Toad Mode game with metadata updating in the next 24 hours. That's your prepares for a March 30 launch date for their
fine art edition platform while also dropping a free open edition now live. Memelands CEO NineGag is filed for proof of fandom trademark application offering a glimpse into some potential future plans. Another trademark news, Peppridge Farms has filed a trademark for its goldfish snack brand as NFTs
covering virtual snacks, digital media and several other use cases. And Dapper Labs has removed the ACH withdrawal option, citing circles decision to stop supporting it and more fallout from the latest wave of crypto regulatory crackdowns. And other crypto news, the crypto market was slightly down, Bitcoin minus 1.5% at 22,000.
$1,000, if minus 0.5% at 1560. Fed share Jerome Powell warned interest rates are likely to rise higher than previously expected. Binance has gained court approval to acquire a bankrupt crypto lender, voyager digital assets for $1 billion. In Thailand, wants to offer companies issuing digital token tax breaks
offering digital tokens tax breaks, which is expected to cost the government about $1 billion or more. Our next topic, we want to talk about more NFT action on Bitcoin
CTs ears are parking up. She's ready for this one. We've seen more NFT headlines rolling in for Bitcoin given you a success with 12 fold and it doesn't seem like they're stopping anytime soon. A couple announcements yesterday first and update from Frank D. God and the D. God's team the 535 D.
guys that were burned last year are being resurrected on Bitcoin. Apparently they are coming soon. And then second, portal punks debuted yesterday from the layers team, allowing crypto punks owners a way to inscribe their punks on the Bitcoin using ordinals. The process seems to be token gated
using delegate cash. It's been audited by OX Quit, saw a food bar tweeting about it. It is seemingly signed off as secure. We've already seen, I want to say 13 punks inscribed and more likely on the way. So a lot to break down. CTs are to got a hand up CT. What are your thoughts?
I mean, my thoughts aren't new to, I've shared this before on this, but if it's not like a new collection, like new community on ordinals, I think I'm not personally interested. I guess I just don't really see the point of like porting my NFT over to another blockchain or
or like owning it on two different ones or I just don't really understand like the point of it. I know Pudgey Penguin has been experimenting with that with their little Pudgey's. There's like a bridge. You can send them like all over the place, but it's cool that I just I personally don't like fully understand yet like what the point of that is.
Interesting. I think I share similar sentiment and questions. I'm curious. Go, you've been thinking about maybe getting into the punk's market. Is this something that you would be considering if you were a punk owner?
I don't think so. I don't know. I don't really understand what the point of it is like CT said. And does this? It's not really by Yuga who now owns the punk's license. So it's not like you're getting your punk on BTC technically. The rights to it aren't going to change.
So I don't know how you enforce that on BTC as opposed to like the Bitcoin punks or the ordinal punks not saying that those are the official ones either but I don't think that this one's any more official than any other ones that are being poured on there. So I don't know it doesn't really move the needle for me that much and I'm kind of confused as to what the value
proposition is there? It's interesting. You know, in some ways, I consider kind of why not? Right? If you feel like you're going to hold this punk forever, this is your forever punk, why not establish its provenance on Bitcoin? And maybe it's kind of an IP move, right?
to box out other collections that have been kind of stemming up here like the Bitcoin punks. I'm curious for your reactions and what this means for Bitcoin punks and even Ornal punks going one step forward.
I don't know, I still think I'm up the opinion that all of those punks will eventually not be worth that much. I think that Ordinal punks is a little bit different because at least they're different punks, but literally the direct rip of punks onto a different chain that isn't endorsed by the people who own it doesn't appeal to me and I don't think that it will have long-term value personally.
But I'm still just like even though you mentioned that that you would do it for like you have the the rights if you sell your Bitcoin or your punk on on ETH and you still have your Bitcoin one what does that do for your your rights to it then you know it's not I don't think you own the rights of it just because you port it to
It's a big one. Unless I'm missing it. I mean, it's hard enough to even like, you know, quote unquote, enforce any rights you have with the entity and Ethereum alone, right? So I'm kind of with you on that. And then plus like, people say they're forever PFP, but like, I'm not going to own that forever man. Like, it's very rare case that people are going to own like their punk forever#
Actually, if anything, maybe it is a punk, but I still love ordinals. I think it's really fun. It's kind of messy, you know what I mean? So I'd be careful out there. But yeah, I feel like for me, I'm just like, I'm targeting more like original collections because there's like 50,000 versions of punk on, you know,
It's like, okay, how many can we have? You know, so I haven't invited the the layer team here who is behind portal punks. I'd love to hear quickly some some direct thoughts on, you know, why punk owners should do this from your perspective and maybe a quick overview.
Yeah, hey Tyler, how you doing and thanks for having us really appreciate the right up and glad to be here Of course, yeah, so just maybe give us the quick pitch so like why why should punk owners use portal pucks? Yeah, so this actually stem from an initial I had when the big
I was actually excited. I was like, "Oh wow, this is cool." It inscribed version of punks on Bitcoin. Let me go grab mine. I was hoping to grab it from the freeman. If I can buy it off the secondary, it wasn't a really big deal for me. I went on, someone had inscribed mine and I tried to get
in contact with the individual who inscribed it, but I couldn't find who the individual was. I got upset and I was like, what do I do? So I linked up with my team at layer and Thomas, his handles OX just to dev, he was like, listen, there may be something we can do where we can tie the provenance from Ethereum over to
the inscribed Satoshi. What we provided is the token gated mechanism where punk owners can confirm that they own their punk. You can also use delegate cash to if you want better security.
you prove that you own your crypto punk and then you go ahead and inscribe and what we've done is we've actually pulled all the data from the actual punk SVG file and all the related data along with it. So there's no background on the inscription whereas the crypto punks they have a gold background and it all you do
as you pay with ETH, we accept we take in the ETH and then sends a trigger to our inscription server and then it describes the Satoshi and sends it off to the recipients Bitcoin original address. Now it has to be or in original's address. We did have someone who used a regular Bitcoin address and if you end up doing that do not
touch that wallet, get in contact with us immediately, and we'll actually help you retrieve that. The way to do that is to pretty much sweep that wallet, move funds over to Sparrow wallet, and then we can go ahead and get it out from there. Well, it's definitely an interesting product and I'd say, you know, much needed and welcome CT with thoughts on this.
- Yeah, she wants to thank you for coming up. I responded starkly to a prior tweet of yours. So sorry about that. But I just want to know like that sounds cool, but I want to know like kind of like what Tyler said earlier, right? Like the question is like, why? I don't own a punk, right? So I'm not like in that community, right? But like why do people want to do this?
this because it actually shows provenance from the from the punk owner. So if I own the crypto punk right and I go and using the token gated mechanism and on chain what will happen is we show that it was X crypto punk that inscribed this pickle punk on this very
Crypto punk on the Satoshi and all the data all the provenance is on chain But like what but like why do you want an ambitcoin meaning like if someone came in with someone came to me with like right like you can have your squiggle you know with provenance like tied to ordinals tied to Bitcoin like a version on there, right? I would be like cool
cool. That's a good question actually. So for me personally, I like all about multi-chain, depending on what the use case is. Now if it's money, I believe personally Bitcoin is the go-to chain. If it's building really cool, that products, I think
Ethereum is very efficient to do so. There has been a lot of noise. So what are ethos as layers? We don't build products based off cool ideas. We build products based off what people want and what's actually needed. And there was a big demand within the punk community. There was actually somebody who ended up suing an individual
an original Ethereum Bitcoin punk owner who sued somebody from the Bitcoin punk community because they're reflecting their Punk on his Twitter account. And then we also actually reached out to Noah Davis who's the head of crypto punk so we're at UGLABS and we actually shared this with them before we moved forward. We're like, "Hey listen, this is what we're building."
What do you guys think? Do we release this or are we infringing on any IP rights and they actually gave us the thumbs up They said listen, we can't slap our name under by now because things are just too busy This looks great. We actually even had the VP of engineering at uglaps check out our repo He's like this clears out. This is fine. Do what you were with it, but we cannot endorse
it unfortunately. But we're not going to come after you. We're not going to come after you ultimately. So they give us the green light. Well, that is interesting. And I'm curious down the line if they will eventually endorse it. I think that could be big. But your thoughts make sense. And I guess, I mean, punks are
a historical entity. That is a big driver of the value. And I see the demand for having that history on Bitcoin as well, especially if you're bullish on this Bitcoin NFT movement, which I'm starting to become more bullish on. I know I joke a lot on this side.
My personal view is I'm starting to feel like we are at the stage on Bitcoin where ETH and FT's were back in 2017. The infrastructure is not there, the adoption is not there, but it is starting to happen. I don't think it's going to explode nearly to the size, but I do think it is a start of a larger movement. It goes, you've got your hand up and then I want to move on.
I'm curious here from the the layer team of how they feel this affects the other collections that have been inscribed like that might not be the like officially endorsed by by punks like yours is and Also like if you feel like the secondary value like if someone does decide to sell their their Bitcoin inscribed version Do you think that that will hold more weight than like
these other collections that have already been inscribed on there that might not be the official ones. Yeah, that all depends on the market, right? The market will do what it wants. So right now we have I think 13 official inscriptions from official crypto punk holders. They are different communities with ours. It can only be the actual crypto punk owners and then with Bitcoin punks.
You have a lot of other people. It could potentially affect the price, but I honestly don't know. Unfortunately, we are in no way affiliated with them. We actually had one of the owners, I think it was Robert, reached out to one of our BD guys to have a meeting, but I had to respectfully decline one because we were too busy, but two
I didn't want any involvement. I didn't want any bad blood because I know the community super furious on what happened with the big punks. Yeah, respect your move respect, you know, your inability to comment. I can comment on the value of Bitcoin punks and I think they are swiftly moving to zero. Now with just a clear laugh.
of provenance on Bitcoin. But we will see how the market responds. We've got just a few minutes left. I want to touch on Luca going to Arkansas before we do that. Go swan, you quickly take us through the NFT market headlines. Let's do it. Here are some of the top market headlines from Tuesday powered by Lucky
Trader. Porsche completed an air drop of over 2,000 NFTs to the wallets which minted the Porsche NFTs through the current holders were not rewarded holding a 0.17e floor. Danny Cole teased chapter 2 coming for his crowd open edition sending the floor up over 100%, which was from 0.01 to 0.02 but 100% sounds a lot better there.
Getty Images and Candy Digital are teaming up to release an inaugural collection of NFTs celebrating the music and culture of the 1970s. Gabe Bladen, who's been unusually quiet over the last few weeks, announced that dragon essence claims are starting this week for holders of Genesis, Digies, Heroes and Super Villains. So I don't know why he's been so quiet. We usually can't shut Gabe up, but something is
West America mid-pipe there. And finally, we talked a lot about Mongrel's major windfall from his 1000-Eat-Duke-Dash-Key sale, but it was revealed yesterday that ProGamer Orangie made 323 Eath, which is over $500,000 as a delegate during the game for players who wanted to play for a better score. So an interesting money-making angle there from the top
So Tyler maybe you need to port your homework delegation. Maybe I do. Go thank you for those headlines. Just one other another tips to NMT to statistics. So an interesting tweet. 70% of collections which saw trades over 20. E. Yesterday are just washed trading. They're fake trades. So be careful.
there if you were buying into collection solely because they're trending or because of volume. There's some additional risk right now. All right, we've got just a few minutes. I don't know if we're going to do this justice or not, but we can at least maybe start the conversation. There is rumors of a deal happening between Luke and that's the
Pudgy Penguin founder and Walmart. Luca was not able to go to East Denver last week because he was in Arkansas. It seems like this is tied to the toy line and physicals. I feel like Emily LaVe Scripto has a hot take on whether this is going to be good or bad for the penguins and I'd love to hear it.
Yeah, so here's the thing about physicals and here's the thing specifically about toys Manufacturing, distributing and selling toys is probably the hardest possible thing that you can do and I think I think you can see that in
in a microcosm through something like locally owned toy stores. And, you know, Walmart is obviously a different game, but like it's still a volume game and there's so many different people along the supply chain that are going to take a slice out of it. And the thing about retail
goods is if you're taking up shelf space, equivalently you have to move it a pace that pays rent and paying rent as a toy is pretty hard to do because of all the people taking margins along the way. So your manufacturing costs need to be exceptionally low.
in order to cover those margins. And that means you need to produce an enormous amount, getting that distribution across the number of stores it's going to require is another thing entirely. And then you need all like the marketing fodder that goes with
that you need the displays, you need the signage, you need the reason to buy this toy over any other toy out there. And then, you know, beyond all of that, like, they just, like the entire reason that I personally like collecting NFTs,
that I don't have to deal with a physical piece of garbage in my house like that is another thing to organize to put away to collect. All of those reasons are why I don't want anything physical from NFTs. But people seem to
desire that strongly. And above all, with a fanbase effectively of about 5,000 people, how are they going to convince someone that this is a better buy than the Disney thing or polypocket or Lego.
right? Like it's incredibly niche and to push it out at the scale required to make money or to make an impact and to stay on that shelf and not end up at Marshalls is pretty challenging. My current view is have you seen these Pudgy Pinkwoods and how cute they are?
Oh, okay, hold on. I got the picture and I showed it to my daughter and I asked her if she wanted that or like one of the Thai stuffed animals and she did not choose Pudgy Paywood. Oh no. Well, this is not great. Might be shattering something.
of my pudgy dreams here. I am very interested to see how this trend goes if Luca is able to pull this off. I certainly agree with your thoughts overall on physicals and toys for current NFT brands. I would say if anyone is able to pull it off, it
could be Luca who has this background in getting toys and products on the shelves of major retailers. Oh, as one quick, as one quick final comment, I've worked with Walmart before. I sold Walmart a B2B product and they're
very willing to give you a chance. Getting a renewal is an entirely different game. So we might get a first shot, maybe bearish on a second shot there. We will see, I mean, on the 5,000 users' comments, certainly that is true for the NFT whole
But like Pudgy Pee once has a growing brand on other social media. The Instagram has a few hundred thousand followers So you know it might be a bigger pool out there But your comment is still understood ghost you got your hand up, and then we're gonna close the close things out Breaking news Emily hates toys
It's interesting, I don't love the toy idea as if I was a holder of Pudgey Penguins. It brings up the argument of what we see with doodles about building the IP. I'm curious to see how an expansion of that IP into broader culture really
drives home price for the original collection. But one thing I did find interesting, I saw a lot of posts from people that were mentioning that like Pudgy Penguins has done a lot with different gifts and images that have kind of like just seeped into normy culture without even realizing that they're related to NFTs just because the penguins are cute and
people like the images there. So I found that very interesting. But I'm curious to see how Luca and the team kind of bring that back home to the original collection. So ghost is giving me a glimpse of hope here after Emily reigned on my parade there very hard. Well, we'll see maybe we revisit this on casual Friday when we've got a bit more
time but we are way over today. So before we close things out what's dropping today we've got the Sandbox Madballs avatars. Those actually already dropped at 9 a.m. We've got the Mee's by 6529 coming up here at 11 a.m. Eastern. The Michelin Chis is stoned at 11 a.m. Eastern. We've got our blocks presents for
I think that GQ and T drop, likely the mint of the day and the one to watch. Everyone that is it. That's our show for today. We'll be back tomorrow at 10AM Eastern. Thanks to our listeners. Thanks to the layer team for coming on stage. Thanks to my co-hosts. Everyone, enjoy your Wednesday. Enjoy the
- Let's make it a great day. (upbeat music)