Lucky Lead: The Masters Preview

Recorded: April 4, 2023 Duration: 0:43:58

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GM, GM. Thanks for joining us here today. We're going to start the show here in just a few minutes. We'll give it a few for folks to fill to ran. Get our speakers up on stage while we wait. Here are some tunes.
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Good morning and welcome to the Lucky Lead. Today is Tuesday, April 4th. Folks, it is Master's Week. This is our Master's Show.
We are going to break down all the draft Kings rain makers action from this season of the PGA tour today's pack drop and then preview this huge weath this huge week in golf We're also going to hit the NFT news quickly here at the end I see some friendly faces out there Bill Hunter Alex. Let's go ahead
and retweet the room, especially if you've got any golf friends out there who might be interested in this. Let's get some more folks in here. As a reminder for any new listeners, 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 in crypto, web three and NFTs. The show it's meant for the
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 drawing by my amazing co-host. Emily loves crypto, a web-free security expert and co-founder of the foolproof app, and ghost content star over at Lucky Trader Deep in the So Rare Streets quietly
whale and a tea trader now rocking the Nakamego PFP. He was early. Today we've also got some special guests going to help us out with this master's preview starting with Jason Roslin. He is a partner at Fantasy Golf Bag. He does our PGA content over at Lucky Trader. Jason, good morning. How you doing?
Good morning Tyler. I am as giddy as a little child on Christmas Eve this week is is the Super Bowl of all golf so I can't be more excited and I'm heading up to the event for one day tomorrow. So yeah, I can't get better on this part of town. Well, that's about good as a gift.
It's very jealous that you will be there in person tomorrow. We've also got Peter James on stage with us. He joined us every Tuesday. He is our resident macro expert co-founder of LT, but also deep history in DFS and fancy sports and golf. Peter, good morning. How you doing? Good morning, Kai.
I'm excited to be with you guys and the Masters week is one of the best weeks of the year and something I've been playing fantasy and betting on for a long time so I'm super stoked. Yeah, very excited to have you and to get into it. So yeah, on the docket for today, this is our Master Show. We're going to check in on the Draft Kings Rainmaker's PGA Tour action and then preview this week's tournament.#
With the time at the end we're going to talk about Elon pumping the markets for doge and for the memes some more knockout honorary news along with all the headlines before we jump in let's hit today's listener question goes take it away Yeah, we're talking sports NFTs today, so we want to know from you have you bought a sports NFT this year?
and share your favorite in the comments. It could be from Rainmaker's, So Rare, NBA Top Shot, whatever you're vibing with. So let us know. And as a reminder, Tyler does a great recap every morning in his morning minute newsletter. So we'll pin that to the top as well. But give that a subscribe if you haven't already. Go. Thank you for that. All right. Let's dive right in and let's talk.
So Jason, I'm just going to tee you up first. Maybe kind of catch some of us up here who haven't been following some of the Draft Kings Rainmaker's golf action this season too close. They kind of feel and how things been going. How's the market been looking? Yeah, so I think
For the most part from both the user standpoint and from a draft Kings business standpoint everybody is is overwhelmingly positive about what has happened so far in the PGA game I think they had a little benefit of the doubt here of going through UFC and NFL I think in this when I first came
on here about a month ago with Peter Peter and I both said we thought PGA was probably the best application for a rain makers game and you know using the other two sports as you know say a predecessor has has helped them really iron out some some things that people wanted to see and they've done in terms of what they've sold they basically they sold out of the
$99 Genesis pack offering within three days over 7,000 packs were sold at the $200 level. Just really great stuff. I think there was maybe less than a hundred at the legendary level, which was $2000 per pack. So just a fantastic response from people doing that, the marketplace.
Up until the last couple of days was very, very liquid. What's happened now is obviously with a new set coming out, which we'll talk about today. People are waiting a little bit as the supply will increase. But what's nice is, is DraftKings has kind of adapted and has kind of learned that once there's more supply, obviously there's going to be more lines.
up and they're flattening the payout structure. So these first couple of weeks it's been a bit top heavy with first to 10th place getting a lot more percent as than normal but now with more cards coming into the supply they're paying more places in these contests to kind of flatten that out. So I think they're doing all of the right things right now and things are running very slowly.
That's good to hear maybe give us a little bit of insight so kind of what what type of prize pools are we talking for some of these weekly terms you mentioned in me on top of it. Yeah, so the first place I think that the way drafting structures is they're probably going to stay the same. So let's take this week for example, which is considered the last
So they've got three different types of event structures, a standard event, a premium and a deluxe. This is considered deluxe and at the core level it's a 5k to first place and 50k guaranteed. So 10% the first, it's a really nice payout structure this week. You can field a really good quality core
line up for roughly $100. So you bet out 100, you win, you know, you have the chance of winning 5K and you also own those cards for the rest of the year. That's the great thing. So I think the barrier to entry is also making it appealing for people to get in just for, you know, a simple say a small investment or for people that want to go out and build a portfolio.
That's good to hear. I know that I think that $100 levels a nice psychological level, you know, for me as a very casual gambler sports better, I might go and enter a $100 worth of tournaments on draft games this week. Just so I have a little bit to sweat on the tournament. So it's good to hear that that beginner
and Fudge with Lower, band girls can get in for that amount. I can give you an example, just two guys of names that I think could be really good this week and Cameron Young and Tony Finau and both of their core cards are under $20. Cameron Young's team and Tony Finau is 15. That's the thing.
you put around a good lineup of 5 guys, obviously top prize of 5k. I find it a little bit more appealing than DFS in that regard because even if my 5 guys don't perform this week, the likelihood that they will the rest of the season is probably pretty high, especially if you're buying some of these best golfers in the world. Yeah, you'll still have the assets, so you're not going to lose that amount.
investment this week. That is nice. Peter, maybe I'll tag you in here. I'm curious. Have you been playing much on DK PGA tour? I know you've been busy with the birthday of your new son. And then maybe part two. I'm curious if you've noticed any differences from football or
from UFC that they've been corporate, that your African says incorporate to make golf, you know, better or different. Yeah, I'm excited to make my big splash this week to with rain makers busy with a two week old son. But yeah, I think the format's awesome and then I've been covering it and obviously really excited about everything that Jason's doing and the coverage we have
that lucky trader, but yeah, Rainmaker's is a lot of fun and I just think this format is so much better. Are the sport is more conducive to a bit more parity. So some good feedback. There's some master starters packs and yeah, I think it's going to be awesome. I'm super stoked for DFS as well. There's three million air makers on draft kings and
In addition, there's a ton of betting opportunities. Golf betting has been something I've done for a while. It can be a bit challenging because you can get limited. And broadly, it's harder to get a lot of action down in golf, but for the Masters, you can bet a lot, which is a lot of fun. So Super Stoke done that and really excited. It's building some positions.
already for this week.
this one. So maybe if you could walk us through what this drop is, what's different, and what many people can expect. Sure. I think the way that they're structuring this backdrop is really innovative. I think it's a great way to get people that haven't played yet for whatever the reason you don't Peter just said he's been super busy, but excited
to get in this week. Well, he's got a great opportunity to build a good portfolio just off how the packs are going to be released. So this approach set is roughly the same size as the Genesis set, maybe a bit smaller, and how they're going to do it is they're going to release it over the next five weeks, and how that's going to work is
It's only going to be golfers that are playing in that week. For example, there's only 52 available golfers for rain makers this week. Those 52 golfers will be in the packs that are offered today. They're going to come to market today. How that works is if they're in Group 4. Each golfer is assigned a Group 1 through 4.
If you're in group 4, you're going to get 100% of your supply release. There's only a couple of group 4 golfers in the Masters this week. The greatest golfer of all time happens to be one of them. In addition to maybe getting a card that's not great, you do have a chance to get an entire Woods card which for me as a collector, I have anything with
Tigers name on it for me is a little bit more valuable than something else. But that's kind of an aside. And what's nice is, is every one of the best golfers in the world is going to be in this set. And they'll have most of them, they'll have 60% of their total supply from the set released in today in this. So if you haven't bought a
you know, a pax yet or haven't invested today's a great opportunity to get some of the best players in the world through this set. Well, I like that quite a bit as someone who is new to this set in this game that I can buy at this point have access to 52 of the best golfers in the world.
in less of the pure fluff. And then of course access to Tiger is very cool. I will ask this question. I guess from a strategy standpoint, a lot of folks love the pack rip and the gamble aspect of it. And that's never going to go away. What is maybe the more savvy move
was the more so I've moved to buy the pack or is it maybe to buy some packs and then wait and check on some of the secondary action. How have you seen this play out so far in season? Yeah, so because this is the second pack drop and because there's a relatively limited supply of packs being offered because there's not
that many golfers this week, right? Only 52. Having what's called a Greens pass, which we may have covered in our players championship preview a couple of months ago, that's going to give you pre-access. So those that have a Greens pass can start buying at 12 o'clock. The theory
that has been going around since we've seen how much the packs are going to cost and how many packs there are is that if you're able to get your hands on a lowest level, a rare level packs that are 2499 through the pre-access, those are likely to have a chance of being sold out before it even hits the public
And likely could be a really nice turn in profit instead of opening them, just turning and selling them on the secondary marketplace. Definitely a strategy that will be used. As you go up the levels, again, I think the packs are going to be loaded with great cards. So I think the equity of both owning them and keeping them
to control the supply and/or opening them could have some plus EV capabilities. So I think honestly both sides should yield it which goes to the testament of draft kings and their work of creating a good game. Well this is definitely an exciting pector update and I'm going to be a lot of anticipation on this.
Let's shift, maybe talk more about the masters and start getting into the preview. Maybe Peter, maybe I'll tell you up here, give us some of the players you're looking at, maybe some of the bets or the odds that look attractive to you, maybe some intro thoughts on.
on approaching the rain makers game here. - Yeah, no, it's an amazing master's. I think we have to start kind of with the top tier. And I think there's a clear top three golfers that have separated themselves as the best players in the world. And one of the three favorites here at Augusta. And you start with Sky Shepler, obviously well in my last year.
Zonetair certainly can't make any arguments against Shephler. I think he's a really really strong pick. Then you have John Rom and Roy Maproy and I'm highest on Rory out of the group. I was really impressed with him at the match play and I'm hopeful that he can finally get it done and get a green jacket. It's the the major that he doesn't have.
and he's been on a major drought for quite some time now. So those are the top three golfers that are kind of soaking up the majority of the win equity based on the odds across the different markets and certainly kind of the anchors for DFS is one of those three stars. But then you have quite a few really good options below that.
You know Justin Thomas Max Homo's Andrew Schoffley Patrick Cantlay Then you have some of the live guys like Dustin Johnson Brooks Keppga who just won so there's a lot of compelling golfers who was out to us another one I didn't name that can about the I'm up There's a lot of compelling golfers in the kind of that next tier and I think I'll
a lot of people are going to make teams there. A couple guys that I like Jason Day is really starting to find his form. He is getting a lot of love by kind of the market overall and I think he's certainly a really good play when he's been healthy. He's been a great golfer. He's just had some unfortunate injuries that would vertigo early in his career and I think he's kind of hitting on all
So, and there's now looked really, really strong at the Dell match plan. It's had good current form throughout the season. So, I'll kind of kick it back with with Jason, and then we can go back and forth because I have a lot of takes. I think my most contrarian take is maybe being a little higher on Brooks Keppga versus the field. I do think his current form over on the
I'm pretty bearish on the majority of the golfers, but he's the one I'm interested in. Jason, how are you thinking about the top tier and do you have a favorite of the top golfers? Yeah, so interesting you bring up Kevka. He's one of the guys on the live that I'll also be playing and just a quick DFS top
and before I go back up top is Cory Connors at the exact same price at $7,600 guys. He ran into Cameron Young into match play and they had an incredible match. They went all the way to 18 and came Young Beatham in essence knocked Connors out of the tournament. Obviously then pulls up to the Valero last
weekend wins. And just quickly as a as a rainmaker strategy, if you're planning ahead in this game, I think it's even better than the call it showdown edge in NFL. Corey Connors had committed to Valero a couple of weeks ago. So if you had done the two or three week investment in Connors,
His elite price has went from 300 floor all the way up to 650 last week before T-Off. So just a quick strategy kind of update that I try and use there when I know golfers are going to be playing. And just a quick little tease, we're going to have a tool coming out on Lucky Trader that may help everybody kind of
plan accurately when golfers going to play. So that's just a little tidbit for the future. But going back to the top of the board this week, no discrepancies at the top for me. It goes Sheffler, Rory, then Rom. Not that I don't think Rom is a good play here. I just think maybe not as good a form as the other two top golfers in the world.
Then we get the two guys that are right below them in Tam Smith and Jordan Speeth who have shown that their play at Augusta is just clearly motivated for whatever the reason. So going to be hard for me to pass over either of those two guys. And for my first bet, it's Jordan's sweet that 20 to 1. I like that more than going to the single
digits of the Sheffler, ROM, or Rory route. So hopefully maybe one of those guys plays bad in Round 1 and can kind of pick them up in the live market. Obviously no Jordan's Speed Card and Rainmaker, so we don't have to worry about that or Cam Smith. So I think for a Rainmaker's lineup, you got to start with one of those three guys at a very minimum.
Peter, reactions to that or deeper or more thoughts on the mid tier or who else you might be targeting? Yeah, I mean, Jordan's be the same. I should mention upfront has some of the best course history. I wouldn't say the definitive best, but definitely right there is the best because again,
One thing that's really important to note on this tournament, Augusta in Course History matters more at the Masters than any other tournament, and that bears out in the data. But when you're looking at Course History, and this is a mistake that I see a lot of people make when modeling golf is they don't wait the Course History relative to the expectation. So Jordan Speed has incredible
history here, but he's also one of the top golfers. Same thing with the Tiger Woods, same thing with the Roy McElroy, Dustin Johnson. They still have good course history relative to expectation, especially someone like Dorn Speed, but it's important to note that. Someone winning in a tournament like Corey
Conner's or whatever, which still a really good golfer is different than Rory, winning or John Robb loading because their expectation is much higher. So that's something to be paying attention to. Will's Outtourist has really great history on a limited sample, second and a sixth. Adam Scott, Justin Rose, those are some of the mid-tier guys
that I'm definitely interested in that I've played this course really really well over the years. And yeah, the mid tier is interesting just in general. I think there's a lot of guys that are starting to play well. Another name that I think is a pretty interesting name is Tommy Gleewood, who's starting to come into form.
Really found a swing again, great ball striker. Not the best putter, but if Augusta is really more about three putt avoidance than being a great putter. So, if someone else I'm interested in, definitely have some bets on him. I also like Matthew Fitzpatrick, who's more towards the top end of the range.
And yeah, I think again going back to it. There's some of these guys that just have good history here that I'll be I'll be loading up on and I'm definitely short some of these live guys and betting against price and decent bill wherever I can and I'm betting against Patrick Reed who is a master's winner, but I think
he's just not playing as well over there on the lead tour. So curious Jason if you have opinion on some of those names, but yeah, I love the Jordan speed call. Yeah, before we get to live just a quick name at 7600 that when he gets a Rainmaker card, which I do expect when they release a set of new
to do at some point this season is Minwulee. He's at 70-60 hundred and this guy I think is a star in the making. He's still young. I still think he's in his low 20s, maybe 24. Came T-14 last year at the Masters and his debut. I think he ended up winning that top debut in Bet last year and Sky's just got a ton of game. We saw him go toe-to-to#
try to with Scotty at the players there a couple of weeks ago and certainly somebody I'm gonna have plenty of shares of on Draft King so you can light up the scoreboard and again like when the Rainmaker card comes definitely a guy that I'm gonna be interested in investing in there as we go down the board so Patrick Reed to me is
is a little bit more interesting uh... that's a Abraham answer price right above him uh... i'll be been against the champ as well as you show anything over there filmicals in the night that he's actually what i would take tiger ten out of ten right now uh... field just he doesn't look healthy and mentally doesn't look all there either
A couple of other live guys, Harold Varner at 6500 I think is definitely interesting. He's shown at least a little bit of form over there and a guy that I don't mind clicking when we go that low. Peter I don't know about you is Harold Varner too low for you in a tournament like this or do you think he's showing you enough over on the live to play him this way?
Yeah, I've always been a hero, Warner fan, and something that went on for a long time. One of the more predictive things, and not the most predictive thing in golf is how good of a player you are off the tee. It's where everyone's on the same playing field. And it's really important for these golfers and definitely driving distance and play off the tee matters a lot at Augusta.
Varner historically has been a great driver of the golf ball. So I'm interested in Varner and he's definitely cheap and I think he'll be I think the live guys in general will be under owned and rightly so for the most most most part I think you know we talked about Brooks. I'm on I think Cameron Smith and DJ are interesting and then Varner is probably the next guy that that I would be
looking to target in my player pool for DFS. So I like the Barnard call quite a bit. Any other young guns that you're interested in or any players that don't have as much history here because generally that's something that I try to stay away from but the whole market kind of knows to stay away from first-time players or players who don't have as much history here. So curious if there's any
any guys that are newer to Gusta.
on some some industry findings and studies the guys over at Data Golf to a really decent job at this they have his total stroke gained right now relatively close to when Rom and Morikawa and Hoblin came out of college and this kids only 19 he's plus 140 to be the top amateur right now that it's just a
on the betting side if you want to get invested in him that's the number I've seen out there. I think this kid you know again he Billy Horschl was commenting on him yesterday there's a there's a story out there that he hit it 40 yards past home on 17 so definitely a guy to watch out for and if you like those type of bets
maybe even a top day be you and he's probably relatively long odds there. So just the guy to look out for for sure. That's a great call and it'll be interesting. I think that's your best case is that some of the younger players not some of the the players who have been unfortunate not to make the masters and you know maybe they're making their first or second appearance. I'm
really off those guys. A couple of their names that I'll just throw out there that I think have a chance to play well. Keith Mitchell has dealt with some some injuries and whatnot and we'll see Pete he's up I think he's going to be super super low owned but it showed some really really good form earlier in the year and is one of the best drivers the golf ball super low
So he's someone that I'm paying attention to. Billy Horses is another one that I think is interesting kind of in the low end range Gary Woodlands and other guys that you know hopefully he can find his form but another long player who had some success at Augusta so those are flyers and on draft Kings you can build a lot of these
balance lineups, but I think they're going to end up being pretty popular just because there's so many good plays in the 7-8-K range where you can just load up with these really strong balance teams. So going stars and scrubs, I think, will be a good differentiator strategy on draft games. Yeah, Tyler, just one more name that Peter and I didn't get into that.
I'm interested here. Peter's take on for this week, but maybe more going forward and maybe a rainmaker target is Cameron Young. I think the ceiling on this guy is so high. Showed us the form last week at the match player two weeks ago. I should say we've got the caddy change to Web Simpson's old caddy again. Augustus is a different
He missed the cut last year. He was in the bad weather wave that ended up happening. Peter, do you think his game is refined enough to compete here? We've seen him do it at other majors. So it's only a matter of time, I guess, that we probably see it here at Augusta, right? Yeah, it came young as one of the players that we should definitely mention. I'm glad you brought him up. I think that you can#
It's good to look at how he performed with the weather and I think that's an important thing to understand is that you got the bat into the draw and he sets up super well for this course again driving distance and just play off that he is super important and then play around the greens and he is one of the longest drivers of the golf ball and played in quite a
at the match, but I was rooting for him to get his first win. Just kind of fell off at the end, but had a great performance. And yeah, he's just been playing awesome for a while now. So I think he's certainly in play. And he's priced pretty fairly across the markets. A lot of people seem to be pretty bullish on Cameron Young and right police.
So this has been great. I guess before we wrap this up, are there any long shots that Jason or Peter, you guys are looking at and then Jason, maybe if there's a beginner's strategy guide to the master's just, you know, a quick, you know, one or two minute overview for someone who's
new to the game who wants to jump in if you have any advice for for those newcomers ahead of the tournament. Yeah, so maybe a long shot guy that just won the Vals Bar who has shown me the ability to play in big time events as Taylor Moore. I think this guy can certainly get it done. He's going to be more than likely all the
way to at least the second leg of the playoffs. So in terms of a rain makers perspective, I really like Taylor Moore and from a drafting perspective this week as well. In terms of a strategy for people that have, you know, maybe never watch the Masters or never participated and are getting in this year. Most important thing to know is if you like to watch golf
Download the master's app that's the first thing I can recommend it is the industry standard in terms of what they offer and it is incredible Yeah, it really is you can see every single shot It's very innovative. It's awesome if you do have if you want to watch more coverage and you have ESPN
plus you can get all of the channels that Augusta offers on right through your TVs. If you have a computer, they'll also show you all those channels on Masters.com. So that's kind of a beginner step there. Also important, the top 50 golfers after Friday's round two is complete. We'll make the weekend.
that does include ties. So call it roughly 35 golfers will not be playing the weekend. That's just important to know. Unfortunately, they got rid of the 10 shot rule. They used to have a fear within 10 shots. You make the weekend, but they got rid of that in 2020 and have not put it back. Peter, I don't know if you liked that as much as I did, but I thought that was a really
good standard, which they put it back. But it hasn't come back yet. Other beginner strategies that it is really hard for first time golfers here to play because there are so many nilts and crannies about this golf course that you just wouldn't know until you get into playing it. The slopes of the greens are incredible.
It's incredible. It really is just an overall great golf course to play. Probably the best in the world or at least one of the best. And the coverage is second to none. So if you're just joining again, if you're making rainmaker lineups, stick to the top 20 golfers. Don't stray too far out outside of that.
CFS perspective, try to build as balanced of lineup as you can. I don't go much down below 7k, at least in the milliamakers. I try and only have at most one guy in my lineup because it's so hard for those guys that are priced below there, tend up into the top 10.
any closing thoughts on your end? Yeah, no, I wanted to shout out the master. It's the best the master's app. It's the best coverage you can watch every shot and if you have ESPN plus you can see all the channels. It's the best sweat and golf. It's just amazing. If you're a golfer like myself, it gets you super jacked for the golf season. It's just absolutely stunning and beautiful to watch.
watch. So that is a huge thing just to have you in a small sweat. I think is great. Draft Kings also has showdown slates, which is a lot of fun. And for anyone out there looking for projections as well, a big fan of the ETR. Stavis, the run projections are powered by Rufus P body, who is the best call better in the world. Shout out to Jay.
and what we're building over at Lucky Trader as well. The Rainmaker should be a ton of fun. And yeah, if I had to give a long shot, I'll kind of stick it kind of in the low to mid tier. I'll go with an Adam Scott who has one here before. And I think this is a really good setup for him. I like kind of these mid to older players who've shown really good history here.
Justin Rose is in that category used to be a Louis Ustazan fan, but I think his game is kind of fallen off So he fits them old still wouldn't be shocking to see him play well I guess, but I like those experience older players here at Augusta so good luck everyone out there. It's a beautiful week and I hope to see someone in this space take down a bunch of
money is fine. Absolutely. Peter, thanks for all your thoughts. Jason, before we close out anything to plug any articles coming over on Lucky Trader that we didn't know about. Sure. So if people are interested in this approach set that we've talked about here on this spaces and want more information, I put out an article that you can find.
If you go to the lucky trader Twitter, they just put out a little thread about it with the link to the article. So just head over to lucky trader Twitter timeline and you'll see it there. Also get my slate breakdown from a rain makers perspective that will be out tomorrow morning. So for those that want to pick up a or need to pick up a couple extra dollars. I'll have some targets there.
and just some other basic information about the event as well. So keep a lookout for that. Well Jason Peter, thank you so much for joining us. This has been great. That is our master's preview. We'll quickly go through some of the top NFT news from the day. Get a quick reaction on a couple of headlines and then we'll close
things out. So before we do that, today's Top Headlines, powered by Lucky Trader. Trading volume came in at 26,000 ETH on Monday, down about 15% from Sunday, but well above last week's levels. Elon led all headlines, changing the Twitter logo to a picture of the Doge meme
pumping those coin, those coin 28% to 10 cents. Then just a few hours later tweeting out a seized the memes logo from the 6.529 memes collection, which pumped that markets floor over 150% saw that particular memes card run from 0.6 e to 8 e before it
it retraced, Elon has since deleted that meme tweet as well and the floor is also down. Yuga is partnering with Gucci for Coda Pindit chains. It's going to be a 3333 supply collection for $458, which is $1900. They're not going to be cheap Coda necklaces.
For you can news, they announced a new decoupling event for the Kodas and acclaim for vessels coming soon. This event will require the burning of existing other deeds and a new NFT collection will be spun up. People follow up on his prey, Nakamego's theme piece by tweeting this day morning that he will add a chapter to the saga
If the four reaches one eighth this caused a violent spike in the Nakamegos 4 to 0.9. E. Before we're tracing all the way to 0.5 overnight. Several artists and influencers sold their honorary Nakamegos yesterday around the 10th level lead to some some debate across in a t twitter on the appropriate handling
of honorary NFTs. Another news, the ironpoll gang from RCC debuted. It's 0.15. Ethmit yesterday and reached an almost immediate 400% return sitting at 0.56 this morning. Another news, Zen Academy announced a partnership with Little Atlas to create a token-gated interactive community map for global
meetups and connections and contemporary artists.pigeon announced a break from NFTs expressing concerns over recent trends, although that particular artist did engage in several of those trends, including burn events in their own personal sales. Around Web 3 and crypto, a few other pieces of news, the crypto market mostly
for a suite of software and services, tied to digital collectibles and tokens. All right, that is a quick rundown of all the major news from yesterday. Go, some curious. Any reactions to any of those headlines or anything that caught your eye? Yeah, I mean, it was quite like a pretty wild day in the space yesterday and like the Elon stuff is definitely the biggest news.
for me and I thought it crazy to see him post the meme. I don't think that he actually knew that it was an NFT and I think he probably just typed in to Google sees the memes of production and he's tweeted that before and one of the first memes that comes up happens to be the meme from 6.529 but that was hilarious to watch the price action. I think the
that card had some sales like it went from like 0.5 to 8th in like a series of minutes. So pretty wild there. And then the Nakamegos, uh, honorees like that was like a huge topic on the on the timeline there and brought up an interesting discussion of how how, um, people who get the
those honoraries should really treat it. I'm in the camp that you're free to do whatever you want with it. Most of those people didn't ask for honoraries, so I don't have any problem with D's and the other guy is selling if you don't vibe with the project, but I also don't think that should be looked at as like a negative point for the project at all.
It was a very interesting stuff though. It was a wild day. It was. Nothing had happened up until two or three p.m. and then we just got the storm of action. On those honorary knock amigos, I think my primary takeaway is this has been an awesome press for the project. I think this might in fact be the most successful
use of honoraries that we have seen from an NFT project maybe since, since Yuga in the board apes back in 2021. I'm certainly those honoraries got a lot of press. I think a few may have sold. I don't recall seeing 10 ETH level sales on an honorary from an NFT collection
and quite some time. So those were good to see and of course everyone is talking about it. I don't care if these influencers and artists are selling them good for them. Oh, shiny. He's an influencer. He got one. He burned his. He sent it to the burn address. To me, that's just like grow up a little bit. I mean, why not list it at 5.8 and then sell it and give the money
to charity, it's better than just burning it and it's burning $10,000 from an entity that someone absolutely would have bought. I saw some people saying that was like a Chad move by Oshini. I couldn't disagree more. I just think that's stupid and take the money or just do nothing with it. It's not like this project. I mean,
I guess there's different opinions of what Nakamego's is, but I don't think this is like a malicious project or anything where like you should feel that strong way that you need to burn it to make a statement there. But I would have just either listed it or just leave it alone. So I thought that was kind of childish. Like you said, agree. And then on the Elon news, it's clear that
that he likes doing this periodically and just kind of put this finger on the button and pumping these markets. I believe he is in a class action lawsuit right now from Doge Holders who feel like he has pumped and dumped that market before. Clearly he's not too concerned. On the memes, I agree with you, Ghost. I don't think he knew what
he was tweeting, I don't think he purposely tweeted out a meme card from the 6529 NFT collection. With that being said, does that mean that the primary message that 6529 is trying to get across with these cards is working? That the artwork is standalone on itself and that people are promoting it without even
perhaps knowing that the finer new wants details of it. Yeah, I think that was the whole point of the memes from the beginning. And 6.5.29 kind of said from from the entire outset of the project that like he wants to be CC zero, he wants these to spread by any means possible and they should just be out there for everyone. So I think this was like a perfect example of what he wanted
to see in the wild from the project. So very cool to see that kind of realized even if Elon might not have known what he was posting. And I'll tag you and if you're still with us, I know we might board you a little bit with some of our golf chatter here in the first part of the show, but I'm curious if you had any reactions to either the honorary Nakamego sales or Elon. I can
continuing to pump markets. Oh, I mean, as far as honoring Akami goes, go, I tweeted it yesterday. I feel like, you know, if someone gives you something, you have every right to do anything that you want with it. And that's kind of part of a gift. So I compared it to returning a wedding gift for store credit. You know,
I think a lot of us have a whole bunch of NFTs and maybe not as much ETH. So I don't think anybody should be faulted for that one. However, I do think they're a lot nicer looking than the regular Nakame goes. So I'm not sure that I would have jumped on selling it so fast.
The Elon thing, it just shocks me every single day that he has gotten away with that, that seems wildly illegal and it should be, right? Like for someone in a position of power to just like, tweed and pump whatever he feels like and I was part of a project.
that he indirectly, directly pumped. And it like made the token absolutely moon. So I'm just not sure, I don't know how he's getting away with that. It's been going on for years. Some, some questionably illegal moves from Elon.
as well as people yesterday, right? And his one-eath promise about he'll continue the saga. Certainly, I think a lot of folks thought that move was a little sus. So we'll see, I guess, if anything does happen down the line. Those are the major headlines. We're not going to get into
to the the you get news. I think we're going to t tomorrow and just do a you got themed show. Folks, I appreciate you stay and with us, we are timmen is over. So we are going to go ahead and wrap things up. But before we do what's dropping today, several in a t drop. So you got the draft
rain makers, PJ Tor approach set coming at noon eastern agar by Emily Edelman. It's a bright moment. Mint pass that's coming later today in a Dutch auction. We've got Valley girls coming. We've got the rare pass. Just as the Sarah Zucker air drop is coming later today and then eaten by
that as well as that bright moment of that. So look out for those that of course the draft games those you interested in the masters look out for that approach backdrop coming around new to Eastern to check out the secondary market. Alright folks that is it that's our show for today is crewing back tomorrow at 10 a.m.
Thanks to our listeners for tuning in. Thanks to my goals. Thanks to special guests Jason and Peter. Everyone enjoy your Tuesday. Let's make it a great time. Bye everybody.