Lucky Lead: NFT bleed out, Otherside 2nd Trip, Yootopia Was a Lie

Recorded: March 27, 2023 Duration: 0:38:40

Player

Snippets

G and G and 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)
(upbeat music)
3, 2, 1, yeah!
Good morning and welcome to the Lucky Lead. Today is Monday,
March 27th. I was out last week on vacation, my co-host carried everything forward for us. I am grateful for that. I am not grateful for what they seemingly did to the NFT market itself. I did a cartoon-like spit-take when I logged in and looked at prices on
Saturday. It was quite bad. But we will get into it here on today's show as a reminder for any new listeners out there. We run this show every weekday Monday to Friday at 10 a.m. Eastern. It's a 30 minute show covering all the major news in crypto, Web 3 and NFTs. This show is
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. I'm joined by my amazing co-host, Emily loves crypto, a web 3 security expert and co-founder of the foolproof app. We've got ghost, content star, over at Lucky Tracer.
I know he made a few trades this weekend. He was in the other side. I'm excited to hear about that later in the show. Ghost, good morning. How you doing? Good morning, Tyler. Welcome back. It is good to have you back here and hope you had an awesome vacation, man.
good. Thank you for that. And I can hear the sound quality. Sounds like you might have that roadcaster set up. Yeah, man. I had to carry the load while you were going with all the music there. So I got the roadcaster set up and got the microphone. So sounding sounding a lot better, I think, than the traditional headphones there. Sounding great. I love the mood.
vacation was good for those of you who may not have any children going on vacation with a two-year-old and a three-year-old is a little bit different than going on vacation with maybe just or significant other. So we weren't out you know partying too late or doing anything too wild but it was a lot of good family time. I was down
South Florida, a lot of great sun. The weather was fantastic. So it was awesome, but excited to get back and start breaking down. It was already been a really fast news day here today. So what we're going to talk about, we're going to quickly check in on the market and bleeding in a tease. We're going to talk about the other
side, second trip, get some reactions, along with this new Gucci collab news. We're gonna briefly touch on the Pudgy Rog utility and then talk about Frank's controversial youths to Polygon discourse, along with some other breaking news. Before we jump in though, let's hit today's listener question goes, take it what
Yeah, so we had the other side second trip this weekend. A lot of polarizing opinions about it. Good and bad. So we want to know from you. Are you feeling bullish or bearish on the other side following this weekend's second trip? So we've got the
the pole pins is the top of the chat there. And as a reminder, Tyler does a great recap every morning in his morning-minute newsletter of everything that's going on in NFTs. So we will pin that to the top as well, but give that a subscribe if you haven't already.
goes. Thank you for that. And I am very curious to hear some of our listening responses to that question. All right. Well, let's start with just a quick check in on the NFT market. This might be just mostly for me as I was out for a week. But man, again, I was out on the
I checked in on the prices when I got back on Saturday. The numbers were shocking. It's just deep red all over the board. My first question was, is there a price lower than zero because it seems like we are headed that way. The mid to your P.F.P. market seems especially hit. It's at levels
We haven't seen in over a year for some of these projects and it seems many may very well Have a chance to revisit their mint price and that is that's not great Here's a quick list of some notable projects and just their seven-day changes so we've got punks at 62 there's
down 17% board apes at 61.5, even at plus 1% a zuki holding up well at 13.6, they're up 2%. The rest of the board is pretty red. Mutants at 12.2 down 8% squiggles at 10, knocking on single digits, they're down 9% on the week, the proof pass at 9.3%.
3.5 down 25%. I can't remember the last time that was in single digits. The Pudgy ping ones at 4.3 down 9% clone X at 3.24 down 3% doodles 3.21 down 13% moombards at 3.1 down 23% they're approaching to then other deeds that we
1.3 there down 18% coming fresh off that second trip which seemed to have been received pretty well and we'll touch on that later in the show. So some pretty rough price action. The price arc of a lot of these empties is very much matching the Google Trends
chart for searches of NFTs, which is also at yearly lows. I encourage folks to go take a look at that. I have the chart in my daily newsletter or just go look at Google Trends, but it seems like interest in NFTs is dropping fairly steadily. It's a pretty brutal chart.
I think the biggest surprise for me on the market action was we didn't see a pup from the Arbitram Air Drop. And that was a pretty big stimulus over a billion dollars in market cap. You can debate how much of it actually flowed in to NFT
holders hands, but just about most NFT regions I knew were getting some level of stimulus, but we haven't seen much of an uptick yet. So I guess I'll start with you, Go. So I'm going to ask you directly, what the hell did you guys do to the market while I was gone and our NFT is dead now? What do you think?
I don't know if they're dead completely. I do think that a lot of the the kind of mid tiers here are just continuing to bleed out and we don't have a ton of great announcements like around there. There's just really hard to drive excitement and we talked about this in the past, but I feel like a lot of these projects reach a point where
There's just like too much negativity and it's really hard to overcome and I like the early adopters that are the early holders that were really happy about the project are just completely underwater and can't really get back to that. So I feel like we're seeing that play out and I think we ran a poll last week actually asking
what people were doing with the Arbitram Air Drop if they got it. I think the vast majority said that they were pulling it out and going risk off. I think that the macro condition there could be playing into the activity that we saw around the Air Drop. That feels pretty indicative of what
we've seen at least anecdotally, I don't have a whole lot of data to back this up. Other than we haven't really seen a spike in four prices, trading volume is up a little bit over the weekend compared to Thursday and Friday. Thursday and Friday levels were the lowest we'd seen since the blur
Our air drop in season two began. There was sub 20,000. We were back at 26,000 or so Saturday and Sunday. So we saw a 30% uptick in volume, but again, it felt a lot like farming. A lot of this just in the crypto punks collection.
I don't know, I guess. So you weren't surprised the Arbitram Air Drop didn't move the needle. I'm curious, Emily, you know, what was your reactions over this past week? Did you expect this prior price arc? Any surprises over you surprises all that the Arbitram Air Drop didn't move the needle a little bit more?
No, I would never expect a coin air drop to move the needle where the coin has nothing to do with NFTs. The blur air drop makes a lot of sense because blur isn't NFT marketplace. But just your standard air drop. Sorry, your standard air drop is
I don't know. Yeah, that's exactly what I would expect. Very fair. I guess I was looking at more of, I know a lot of NFT traders were getting the stimulus regardless of whether it's an NFT related token or not. But, you know, your point is taken. Layers, I know you're a frequent
listener of the show you requested to come up on stage. Do you have quick thoughts on the NFT market to share here with us? Not the market Tyler, but I did get to play the other side and I was fucking geeked. So I wanted to share that experience and I'm super upset that Gucci and Yuga Labs are partnering up because of their possible
experience in NFT space. So that's why I came up. Awesome. Well, we're going to get to that here shortly. So stay on stage with us and we'll get a deeper look at your experience there. And with that, you know, maybe we can just start getting into our next topic. I think we've hit
on the NFT market bleeding out enough on the show already. There's not much else to say. But before we get to the other side, let's hit the news. Today's top headlines powered by elected trader. Trading volume came in at just over 26,000. Eat both days this weekend up about 30%.
from Thursday and Friday lows. The other side. Second trip was won by team Glossia who will receive a Wayne Tellment Air Drop as a reward. Overall, the trip seemed widely acclaimed with over 7,000 concurrent players across three other deep plots, though the other deep floor is down 17% on the week at 1.35.
Pinkwood shared the utility news for the Pudgy Rocks that they will serve as a multiplier for select on-chain drops, licensing deals, or future claims only activated with a big or little Pudgy Pinkwood. Proof debuted a new Web 3 Creator Accelerator program on Friday aiming to serve as a sort of incubator for artists and
6 weeks sprint to build the next groundbreaking products in Web 3. And then a few breaking pieces of news this morning. We've got Gucci. They have partnered with UGLABS to explore fashion in the Metaverse. They tweeted continuing to explore the Metaverse. The house comes together.
together with you, Galaab. Stay tuned as a new narrative take shape, blurring the boundaries between the physical and digital. So that was a big one. We also had Memeland dropping a new trailer, which looks like the opening to a movie. So some big news from two major projects. In crypto news, crypto market chopped over the weekend, Bitcoin plus
0.7% at 27,900. Eath down about a half a percent at 1760. Arbitrum is trading at $1.27 when I look this morning. Now four days post-air drop, putting in about 37th place by market cap. Other headlines, NASDAQ is launching a crypto custody business coming in Q2 2023.
free, fresh off all the coin base, Wells notice with the SEC and all the scrutiny they are under. And then Wyoming Governor Mark Gordon approved a law allowing that state to create a stablecoin. So that's going to be an interesting one to watch. That's the news. Before we get to the other side, second trip
One quick minute on the Pudgy Rocks utility and go, so I'll tell you up to get your take here as well. I had to say I didn't love this one. I'm going to classify this as Lucas first major mistake for me. Personally, the main reason I like pudgies at this point is the
no execution risk. I view them as an art PFP at this point. I've called them Lindy before from how low they've gone, how they've rebounded under new leadership. I think Luca is doing a fantastic job growing the brand. But why add the execution risk? I mean, the Pudgy Rocks were pretty
Perfect to me as a meme. I know it was a tough NFT sub collection to inherit. But I don't know. I feel like this is a little bit forced. I don't love the utility here. I think the market tends to agree with me with the rocks down a whopping 38% since the news came out. Go some curious for your reactions.
Yeah, I agree. I was close to Banger Pudgy a couple of weeks ago, as you know, I did not end up doing that. I bought a meme line captains instead, but I do agree with you. I feel like the the rags were like kind of that meme, like side project that everyone kind of joked about and definitely tough to integrate into the broader system. And I don't
think this one looked to really work out how people planned. And I also think that the price probably got a lot higher and out of control as people were speculating. And it's hard to, hard to meet the expectations for that type of price with a kind of like a joke secondary collection there. Yeah, that's probably the primary issue here. I mean, these were obviously a great trade for anyone who bought these in the low single digits below
0.1, they're still very happy. That's probably where they'll trend back to, as simply a multiplier. I don't think the IP, these other utility benefits here are going to warrant even a point for each price let alone the 0.70
point eight e price that we saw them get to so they went a little bit too high. I hope that the big pudgies aren't impacted by this. Certainly we'll see how this continues to play out. I do think they're sheltered. But all right, let's get into the other side second trip. Liz is up here with us. I know she's excited. I want to get a deeper
take from her. I also want to hear your side ghost. I know you were you were playing before we jump in. I saw a few stats. I missed the trip on Saturday. I was traveling. I saw there was about 7,000 concurrent players, maybe between 12 and 15,000 total played the game. I want to say there was three other DB
plots involved. The feedback I saw seem mostly positive. I think Tropo Farmer had a pretty balanced take. I'm going to read it off here. His thoughts on the other side, second trip, a few negatives. The game design was overly simplistic. Got boring. Said people couldn't connect. Obviously a problem. Still some looming questions about the usage of resources.
Artifacts, Kodas, and frankly, Deeds. A few positives he mentioned, the in-game tech impressed again. Curtis started off cringed, but won me over. Captains were a fun addition. The platforming feels good. Traversal is fun. And the ending sequence made me extremely hopeful for quality story time.
Overall, a great time and look forward to the third. Everyone should remember that this is a big expensive public tech demo. So I thought that was a pretty solid take from Tropo, a leading voice in the board ape ecosystem. And then one of the few negative takes I saw from Josh Babraski.
that I typically will take with the green of salt, but his take on Twitter was my biggest takeaway is a question of math, not gaming. There were 100,000 deeds and other side was able to gather 8,000 people playing on maybe 10 deeds. If less than 5% of deed holders played plus brought a friend, how do you get enough to populate 200,000 deeds?
So I share that similar question. We'll get into that here in a bit, but ghosts I'll start with you and then Liz what we're reactions so you played in the game How did go what were your thoughts? I had a good time. I really enjoyed it. I think the triple farmers takes are super
I did see a lot of people acting like this is the final polish game and that the entire ecosystem is going to revolve around collecting these magic blobs. And I really think that this is just like a public test demo and they probably whipped up a little type of mini game to kind of have people explore
fun. It's funny that Tropo mentioned that Curtis started off cringe because I thought so too and I loved the Curtis voice actor and the previous one and I thought this time I was like man I feel like you lost a step but he did bring it back around but it's really polished like I love the storyline and the craziest part to me is like still the sheer amount
of people, like 7500 people packed on one little deed and like still being able to walk around and like hear what people are saying and and kind of just that like that voice action of being able to just chat the proximity chat with that many people is just absolutely wild. So I thought the tech was really cool and well executed and it's crazy that it runs
in the browser. That is cool to hear. Quick question. How did you get on team Glossia? Was it just tolay random? Yeah. I think they just randomly divided everyone into four teams like early on. Got it. And Liz was thumping down. So Liz, I'm guessing you did not make it onto team Glossia, but I am still curious for your reactions as well.
No, unfortunately I was part of the pink team and I actually thought Curtis was amazing because I was a first-time gamer so no I don't play video games I have no interest in playing video games, but I got invited so I was like okay, let me check it out and let me tell you I turned into a child like a little kid I was geeked I was taking pictures
I was trying to get all the gloves. I was trying to beat the other team. I got into it. It took me about five minutes to figure out how to chat, how to jump. And then I realized people were just learning how to use the keyboard too because people were just jumping and doing random things. And you can just tell people we're just having fun. Yeah, there were some people super
into it like trying to win and figure out how to feed the toad and get to the next levels. But for a new person, I really did just love the cultural experience, the bonding, trying to like find other people and beating them. And the fact that these are people that I know that I was beating or not beating just made it so much more fun. So I was actually very bullish on the
whole gaming experience and I'm looking forward to playing more. Well, I really appreciate that take. It's especially nice to hear from someone who's not a gamer, you know, coming in and playing what is the highest profile web 3 game and getting your first hand thoughts. So it's really appreciate that.
I want to just comment on that and I agree and I think the game mechanics being very simple I remind me a lot of like a Mario party type mini game and like there's not that many buttons of like things you need to do it's mostly just running and jumping and I think that's really good for people that aren't big gamers and for like mass adoption like
Everybody loves the old N64 games and they're really easy to understand because there's only a few buttons and I felt like the game mechanics in here of like sliding down the slides and finding the the blobs and stuff like that They were very easy to understand and pick up very quickly So I thought that was a huge plus So I'm hearing a lot of good feedback about the game experience itself
Let's talk a little bit about the market experience, which is not as sun shiny. We've seen the plots, again, they're down 17% they're sitting around 1.35 ETH down more than the other UGA assets. The apes are even on the weak, the mutants are down about 9%. The other ds are down about
2x that I want to say the heavy metal collection broke about even on the week as well. So if the game feedback is so strong, why is the price down? I think it's my question here. And I guess part two is why would anyone buy another deep plot now that we
In the next month or two months now that we just finished the second trip, the third trip is likely months away. So from a price action standpoint, what's the thesis here and goes maybe I'll tee you up as someone who's been close to this ecosystem has been buying in and out?
Yeah, I mean, I think that's a good question and while I'm bullish on the game mechanics from this weekend are the game that we got to test. I don't have a great answer for in the short term why why deeds are great by. I think that we didn't learn that much from this on how those are kind of
going to be integrated and how people are going to be able to use the different sentiments and what are the other things like the different resources, artifacts you can find out there. I don't think we really got great clarity on that. But I saw people pointing out there's always
the comparison to the new Fortnite building client that they have. And like these things take like five, six years to build. And I think that maybe these little tests here are kind of like bridging to a longer experience because they know it's going to take a while to get a full polish game out. And so I think that maybe
maybe we just need to be a little more patient. I know that that's really tough in the NFT market and people don't like to do that from a trading standpoint, but it might take longer than we think to reveal different mechanics like that. Yeah, I mean, five years is probably a somewhat realistic timeline though that feels like an infinite amount of time in the end.
space. Emily, I'm curious for your take as someone deep in Web 3 who has experience in the metaverse and across multiple projects. Just kind of what's your general take on other deeds here or any other reactions, maybe you saw from the second trip.
Yeah, it seems like people super enjoyed the second trip, so that's nice. The thing that always kind of doesn't click for me with land purchase in the Metaverse is that the thing about the Metaverse is land is basically infinite.
like you can put infinite worlds exactly the same size as the entire land plots that are allocated on a single bubble inside of any individual plot. So, you know, they have to have a close tokenomics
system related to what's on those plots and what what you can do with those which makes it a very centralized approach which I just find kind of unappealing as far as web3 goes and you know I've never really been a strong believer that you guys are super
We're here for NFT and we're here for decentralization and we're here for Web3. Is that really the answer to this? I don't know. So I'm just super conflicted about it.
at the same time, I can't tell you how many different tweets I saw this weekend, wherever I'm doing this, you don't want you going to lose if you lose if we all lose. And it's like, well, I get that too. So I don't know, I guess we'll see it play out, but limited land drops that have high value
you in a in a concept that's meant to be literally infinite is a hard one for me to wrap my head around. It is. It's a little tricky for me. Like I'm rooting for the other side to be a great game. And I like hearing Liz and Ghost firsthand reactions here that it was a fun
experience what I can't wrap my head around yet is why 100,000 land plots are valuable or worth $3,000 right now. Just run the math of how many players you'd even need to traverse across that many plots. I don't see how they'll all be useful.
even with a million players. So I don't know, I struggle to see that, but we'll see how it continues to play out. My last question and then we're going to move on, Ghost, is your helmet air drop going to be from Gucci?
Have you thought about that with this breaking news from this morning? I have not thought about that. That would be pretty cool though. A nice little integration there. So we covered it in the top news. Gucci is partnering with Yuga Labs, but there was one account from Yuga's various projects which tweeted out this news and it came from other side meta.
did not come from UGLABS account and did not come from the board apes account. It came from the other side which lends to some speculation that the Gucci collab will be impacting the other side or maybe some of the NFTs in that ecosystem. So that's going to be a fun one to watch.
here this week and hopefully we get some more information. All right, I want to spend a few minutes on Frank DeGaz and you moving to polygon before we do that goes to want you to take us to the top NFT market headlines. Let's do it here. Some of the top market headlines from the weekend powered by Lucky Trader. Nakamegos were a big winner this weekend, surging a hundred and
20% to a point two-eatth floor. These minted for free last week to holders of End of Sartoshi, and there were some big sales on the rare items and some rampant speculation that larva labs is involved. They probably aren't spoiler alert. Though I did pick up a few of these. I like the art. I think they're very PF people. So that was a fun win in the first PFP that we've seen in a#
that had some nice action there. CryptoPunk 685 was mistakenly burned on Friday when the owner was attempting to wrap the punk after just purchasing it two weeks prior for 77ETH there. So brutal loss there. Escher introduced Escher exclusives on Friday which will be a set of limited edition NFTs from
notable artists launching on the Esher platform in seasons, shout out to our friends Andy and D's over there at Esher. Doodles announced that Doodles Genesis boxes will open on March 31st revealing a set of wearable NFTs able to be paired with Doodles 2. Dirty Robot teased a new drop coming this Friday on March 31st and we talked about Gucci a little bit earlier but the
The UG rail collection seemed to like the UG news up 63% today to a .67 floor and the UG apes are at 1.18 ETH. A couple of big sales from the weekend included a Blue Beams board ape sold for $318 ETH. That's $557,000 right there. And a chaos other side did for $118 ETH.
a gold kennel dog for 24.5 eith and a UGA ordinals for 40 eith, which is an all-time secondary high. So a lot of UGA massive sales still going on even at a tough time for NFTs. Ghost, thank you for that. Some solid headlines here today. Quick reactions from me. One, I'm not Amigos.
I can go say that they probably aren't from larval labs. I can tell you they are definitely not from larval labs. So if you bought those based on that speculation, please hit the cell button here this morning. If you bought them as a momentum trade, of course, that's different. But it does seem like a lot of folks caught the wind there and those have been pumping this morning.
Yeah, it seems like the Hugo Ordinals over on Bitcoin are starting to catch some secondary actions So that's been interesting to see as well and last quick plug Ghost does have his so rare primer coming out this afternoon So make sure to check that out. All right, we've got a few minutes left in the show I want to talk about you smoothly to Paul. I got I'm sure we'll hit this again tomorrow
Frank Tagas, fairly provocative statement here on Twitter Saturday night, his phrasing utopia was a lie. He framed this up along with the youth's account, their blockbuster announcement that the move to polygon will start today if everything happens as scheduled. To me, it feels a little bit
like a crossing the Rubicon or burning the bridges moment for Frank and his products and the overall Solana community. We knew this move was coming for some time. We didn't know the date or the finer details. Now we have that information. The move is coming loaded with incentives to get holders off of Solana. A few
new TLDR details. And then I want to get Emily's take on this. It's happening today, time TBD, the migration will take place on the Ute's official site. They recommend the Phantom Multi-Chain Wallet and to use their access code Ute's 2. Why would you move a boatload of incentives?
There's hence rewards for moving in the first 24 hours plus one Bitcoin D. God will be air dropped to a lucky migrator who moves in the first 24 hours. No gas fees for the move. Free money is coming. Everyone who lists on Magic even polygon will receive $5 in USDC and
they are upping the royalty tax on Solana. They're calling it a paper hands bridge tax and on taking effect on April 30, it will be 33.3% royalty fee for any sales. They're also taking off all the utility on the Solana blockchain. No points, no air drops, community access are all removed.
Additionally, those youths' tubes cannot be migrated. So those will have to be burned revealed over on Solana. I believe holders are encouraged to do so here soon. Man, these are some major incentives. There's a lot to unpack from this news. Emily, I'm curious for your reactions to the announcement and maybe where we go from here.
Yeah, it does seem like a lot of bridge burning. I'd got a paper hand tax. It's just so mean sounding. I don't know.
There's a lot of questionable decisions by that team and I'm just really glad that I'm not involved in any capacity with that because I think it would be an emotional roller coaster that I don't want any part of.
So yeah, I don't know. And yeah, it's intense. I just couldn't. It just seems like watching everything outside it looks like a super abusive relationship. So the phrasing utopia was a lie. So I get doing it for, you know, 10 years.
And certainly we're talking about it. It's been a hot topic on NFT Twitter for sure, but kind of saying everything that we've told you so far about this project is a lie. And now we're starting over fresh on a new blockchain. I don't know how well that's going to be received. I'm not saying too much.
many youths with us listening right now. We had espresso here for a minute. I would like to hear his thoughts, but ghost, I know you have been buying and potentially selling in this market. I'm curious if you're still holding the youth and your thoughts on this migration, if you're going to do it here today. Yeah, man. I've got my two youths
I've got one you in one tube that I've been holding since meant pretty much. I still like the youths. I didn't interpret the utopia was a lie thing as anything more than just like a storyline that they're playing out just like anything else like Yuga does. So I didn't I didn't find that too negative personally. In terms of buy
buying or holding. I'm definitely still holding mine. I like the UTSI. I think they're one of the more PFP where the things are. I just think they I like the art and the color palettes and things like that. And I think that Frank is a master of the attention economy, which is just the the biggest thing that you can have in NFTs right now.
I'm curious to see if there's any arbitrage opportunities between people that are migrating, like what the price is going to be on polygon compared to what the ones left over on solar. I think that's going to be interesting. And I was a little bit disappointed that the tubes won't be able to be migrated because I've been holding a tube kind of as like a rarity hedge for a while. Right. And it kind of seems like
like the tubes kind of got screwed a little bit. So I might just have to either reveal that or sell it and pick up a different youth there. Yeah, I don't mind the tubes aspect to this. I feel like if I was running a collection, at some point I would want to draw a line where everyone needs to reveal the FT's and we can just have the collection.
So I don't mind that one as much, but I certainly see why folks could be upset there. I'm curious for your thoughts on the market reaction here go. So we've seen a dip post-announcement. So you two are down about 16% there, at 139 sold, it's around $2,800 and 1.6
the tubes are down about 13%. Do you think these will see a short-term pump on the move to polygon or do you think they fall? Hold the same. What's your read? My gut says that they pump a little bit. I think that they dropped on these announcements. But I do think that there's a huge incentive for
Polygon to kind of ramp this up. I think this is a huge moment for both them and you'd so I think that they're both kind of incentivized to milk this for all they can and kind of get it out there. So I would expect to see Polygon ramping up their marketing and promotion of this a lot, which is obviously a
exciting for both the project and polygon itself. So I think that is a very interesting thought and trend that I'll be watching here is pulling on their level involvement in this project. So certainly, you know, they invested at least three million in getting Frank to move over
That's for a reason they're invested in the success of this project for their ecosystem I've heard some theories that maybe they'll market make this or maybe even you know pump some some funds into buying the NFTs Themselves that is certainly an interesting narrative there so you know
We will see here shortly the daily volume on polygon at least on OpenC polygon is not very high that the highest I saw from the month of March was like $280,000 in daily volume. Expect a lot more once these things are tradable.
But man, if polygon's gonna pump some more money to this which seems reasonable to me that is a narrative to watch and it's one that's making me a little bit more interested in maybe participating in this collection here today I do not currently own any I sadly sold off my youths to chase canto and fts which turned out to be a terrible
But I might get back in. I like Ghost's idea about these being one of the better P.F.P's. I do agree. I like the huge P.F.P's quite a bit. So we'll be watching this closely today. Guys, we are way over time here. It's 10.35 Eastern.
before we close what's dropping today we've got wrinkles and flams season one that dropped this morning at eight a.m. Eastern you got the memes by six five two nine is the final week of season two those are coming I believe at 12 p.m. Eastern you've got the our blocks presents transparency by
last 19 progress haven't even entered out. I'm so personally not expecting too much from that drop. The wild car today of course is that you've stepped to polygon. I'm going to be a lot of eyes on that. All right, that is it. That's our show for today. Who will be back tomorrow at 2 a.m. Eastern thanks to our listeners for tuning in. Thanks to my coos.
to Liz for joining us. Everyone enjoy your Monday. Let's make it a great time.