Yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, what's good, baby?
Look, we got a lot to talk about. We got a lot to get into it. I got a fucking coffee
I got to finish top to bottom before I can talk to you at FCM efforts
So look, I'm gonna play this song real quick
I'm gonna pin a couple tweets as always if you would like to speak hit the request button
Probably won't let you up, but it is in fact your best chance right now and boy. Do I mean it boy? Do I fucking mean it?
I'll be back when I'm back
Sounds like shit. There's nothing I can do about it
Whoa, whoa, whoa, what the fuck is good you beautiful
Sensational incredible amazing scrumptious quip crypto Twitter motherfuckers and bongo here bright and fucking early man
It's so good. It's these beautiful faces. I don't even do it
Do not even think about doing it during the intro. I promise you it's not gonna age. Well, brother. I promise you
It's not gonna age. Well, look, we got a lot to talk about we got a lot to get into today
We got a lot to fucking cover man. It's been a great couple days. I I'm not gonna lie
I feel I thought I feel better today than I felt in like two weeks straight up
I woke up this morning for some reason I woke up this morning smiling
I woke up teeth glistening sun shining, but it's been raining in LA the past couple days
But fucking rain's been gross then grimy. It's been looking like
East shit coins over the last 48 hours, and I promise you that is not a positive
Compliment whatsoever. Look, there's a lot going on. I got perfectly pinned to each of the top
But before one of you speaker and my first comes up here and ruins it
But as of right now, it's absolutely pristine. We got a lot to talk about today first and foremost, bro
We rarely talk about video games on this space unless Jonah comes up here and like mansplained the Xbox to us
However, I downloaded power world the other day, which everybody's been tweeting about and brother. Oh
My eye I used to be like a hardcore gamer
Like all I the only thing I cared about was like fucking play basketball and play video games
That's it. I was a hardcore gamer like in like high school like middle school high school. This is like
video games honestly video games top to GTA 5 and
They've kind of been down only like Pokemon hasn't rolled out a good title and forever 2k hasn't been fun since like 17
Like thief has been dead like 17 con hasn't been fun for like nine titles
Like war zone was cool. Like even fortnight is like I bro
Like we get it now like what no one even knows what the fuck is happening for name
it's like video games have been actually dead for like five six seven years and
I think it's part of the reason like stream culture is flipped away has because like there's no longer social fun games
There's no like a manga. So it's none of these. There's like no good games like log on with the squad
like even the most popular fucking
Collaborative games are like GTA 5 like role-playing service, but like brother
GTA dropped when I was in elementary school like it at some point here. It's like bro. We got to like move on
Bongo, there's no way you're already putting tweets during my monologues, but I can't even fucking believe it. However, however
This power world should drop there. I'm not gonna lie. I didn't even hear about it until yesterday
Everybody's tweeting about everyone's tweeting about it. So we was tweeting about all right. Fuck it
let me let me like pop this game throw it in the PC and see what's up and
Holy shit this fucking game also everyone on timeline is like oh, this is like bullish pixel on no
It is not it is not bullish pixel on its bullish power world because the game fucking rocks
And I've not I have not played a game that like I was online last night. It was like me
I was on with these along with Toby like a whole squad in the server. No one's even on voice
We're just like in our own world not talking to anyone and then we're up
I was up to 3 o'clock in the morning
Like no bullshit up to 3 o'clock in the morning didn't even realize it like what bro
What's the last time you stayed up to like 2 3 a.m. It did not realize it playing a video game
Like it has to be yours. It has to be yours genuinely has to be yours
If you haven't played bro, go fucking download the shit on Steve
I think it's on Xbox game pass as well
They got to send me a royalty, but I don't know
I'm like a day away from being like fucking booting up the stream starting the fucking crypto server and running this shit
So I don't know. We'll see what happens. The game is fucking great though
But here's here's what I'm like everybody like takes this moment. All right generic genre
Monster style catching game. We've seen a fucking million of them like yes
It's similar to Pokemon which I guess inherently is similar to pixel mom
But like not really like not really in the same way that like an ordinal was an ethan ft
Like it's like the same concept. It's not the same thing and everyone my timeline is like, oh, this is like bullish pixel
Mom bullish pixel. I mean no, it's not it's honestly not it's honestly not bullish pixel one because it's like bro
This is not the second like pixel mon is not gonna be the only other
Monster catching game to drop other than power like brothers hundreds of these fucking titles
None of them are good except for Pokemon in this like none of them are good, bro. None of them are good
Not but I'm definitely selling the like by pixel mon because power will drop this big game news
I think that is it's like a it's like a brain dead take or whatever. It is what it is
The game's fucking fun. That's what I have to say on it. We do have a lot to talk about though
Um, I think there's the beat check this morning. Y'all remember cuz I know I ran for it about this
I did a whole monologue about this in like three spaces
Only force this announced ordinals collection. Okay, and I made I made a tweet about it. I don't know
It wasn't directly about only force to be firm of the details. I'm not sure if the mint price is out or announced
I think it's three three three three three thousand three hundred thirty three supply
And it's ordinals collection, but I had a take I had a fucking take the day that the forgotten ruins dropped the shadow hats
Well, I told you many times I like forgotten ruins. It's not performing particularly well right now
I think it's down by 75 80% that is what it is can't control that
But they made five million dollars on like the snap of their fingers and I've said many times
I like forgotten ruins. I like bear snake, but to be fair
They're the ecosystem on each when they launched the owners collection. It wasn't exactly pudgy penguins at the moment, right?
It wasn't it wasn't a teeny
It's the hottest project out and they dropped this shadow hats instantly minted out and made like four or five million dollars six million dollars
And so I looked at that and I was like, oh
This is what's about to happen is everybody wants to buy ordinals and all the money's on Bitcoin
But there's nothing to buy on Bitcoin. So every project on the I said every dead project
Or every project that's slowed down significantly not sure what to do right now
It's gonna rush to Bitcoin or no's and drop a collection and make him five ten million dollars. Of course, why would you not?
I mean, of course, it kind of feels like of course and
It didn't like happen really as fast as I thought it would but I think we're still like
just on the sidelines of what could be only fours just announced their ordinals collection and I
Again, I don't know what the mint is. I don't think it's announced the price
I think everybody saw forgotten ruins do it and they're like, oh fuck. Yeah, they can do what I can do it
Why not and they're just gonna like shoot down that piss missile down that rabbit hole. I don't know. Here's my tweet
It was it was like a sub tweet, but it wasn't like a targeted hard scope only for a shot to be fair. I
The meta is dead eat projects changing their profile picture to orange for two weeks then announcing a ten million dollar ordinals mint
I mean, that's really what's about
It's really what's about to happen though
It's like change the PFP rock the orange banner for like two weeks and then announce the five million dollar mint
Like that's where we're going
I think the vast majority of these collections are gonna make a move towards order most honestly
Why wouldn't you like what if if you're sort of in a weird spot?
You survived the bear market with your head above waters even just find a tiniest bit by one breath. You survived it
You got to the end. We are where we are now. There is liquidity people are willing to spend five little 10 mil on a ordinals mint
We just saw that like why wouldn't you drop an ordinals collection is my question a genuinely why not?
That's why I'm just like this. I think only force is is bigger than the last project as well
So maybe it's a little signal of things to come
I don't know we'll talk about it, but like we do have a lot of other shit going on doodles and fucking flying
We got a speculate on doodles a little bit tin foil hat
I'm not entirely sure what's going on there
I saw some tweets yesterday that were like oh doodles acquired cool cats
I'm like there's no way that that one that did not happen in two. That's not pumping the floor price
That's not you're not doing a 2x on
Acquiring cool cats in my opinion, but that is what it is. We definitely talk about doodles
I think I'm gonna do a podcast with doodles IRL and
In a couple like next week, maybe
Which could be interesting I don't have any alpha for me
But I'm either get now first I'm was getting grilled on the hot seat
There's no in-between somebody's getting fucking grilled or I'm getting out for there's not we're not leaving that with it with a non-event
So there'll be some headlines from that just believe there will be some fucking headlines for that
In other news too in other news and other news I got a fucking
Man, I got an airdrop two airdrops actually for holding my Bitcoin puppets for the last
Basically since fucking mint I got this this RS I see
Fucking meta protocol, which I need someone a man's playing that to me
but so I got two of them and
I sold like I looked at the
Magic Eden and it was like 0.03 on these things and puppets were like 0.02
So I was like bet so one by puppets
So I instantly sold it for 0.03 and then I was like wait
Maybe I should I don't know like do a little research as to what this is
So I did like the tiniest bit of research and was like, oh fuck. That was a really bad idea
I should not have sold it. So I like pumped it like 0.04. I waited way to wait
I just bought it back. So I broke even I bought it back
This is interesting. This is really interesting. I do want to talk about this at some point
We got bongo and some ordinal am efforts. Hopefully gonna join us and we can dive into this a little bit
but not the puppets man also a
Bongo, do you know if any other collections other than Bitcoin puppets got this airdrop? Oh and be bandit's puppets note monk
Got any bandits did though. I'm an OMB and I got some
Go let him know baby now look but in all seriousness
This is this is the new the new matter. This is where we're going
I think I think that pudgy dime was such a good like case study for that
It's like you want to be the community that these protocols these upcoming airdrops these point farms like recognized as like
One influential or two like I don't diamond hands for lack of a better term
Like is that the diamond hand is that the word we're using I guess I don't have anything else to say
This is pretty sick though. It came out of fucking nowhere was not expecting it showed on my wallet and
We're gonna definitely talk about this. I gotta learn a little more about it cuz I heard I
Heard reminding I heard points. I heard tokens. I'm in I'm holding this shit
I think until the Bitcoin happening, so I'm holding that I bought my second one back. I'm I'm in I was like, bro
It's free. It was free. I'm riding. So that's that is what that is a couple more things
Oh, well, who's just did something I thought was pretty cool, which is
His nifty island like island. I can't find the tweet now. I hear it is
We're introducing an adventure build of nifty island feature our largest contest to date the prize pool of fat ten thousand dollars USD
That's pretty cool. Am I ain't nifty island has been I don't know whose take it was. I think it was
Maybe it was spotty Wi-Fi. The nifty island is the other side killer. I
I don't know but speaking of gaming figure the other side figure the nifty island really quickly
I gotta give a quick shout out to our title sponsor today every day this week in the entire
Month of January shout out to shop though there. I said they're gonna come on last week. They're actually coming on this week
So we we are gonna learn we did talking about them
I'm out giving them giving them props giving them cute kudos
But we are gonna actually learn about them at some point at this week
So that's a strap it all for making this all possible. Allow me to afford Bongo's salary
As well, but not so whale nifty island is an interesting conversation for sure
It's kind of just like man you sort of see this if you're another side holder
You see what if the island has done like so fast and you're kind of just like damn
Why don't we have like nifty other side island? Like why?
we why if we only had two trips, I feel like the
Chatter on the sidelines gets a little bit harder to ignore
I mean it does it does it gets hard to fun as well
It gets harder to ignore when you look at this and you're like, uh, brother
I know they don't have four billion dollars. So that is what that is. I didn't even bring up
Magic Eden token, which is I also kind of this face sucks. I called an OpenSea token. Oh, so I've been a tweet
Bookmarks my browser like that was a thing. That was a time. There was a time where that was the case
It's fucking crazy is crazy to me that they fumbled this so hard. It's even crazier. They fumbled ordinals
How did how did open see?
Fumble being first to ordinals. That is it. I mean that is insane to me
I I made a tweet under my OpenSea tweet and I said it I said yo, I'd open see if we can still change the social
Narrative like hiring me CMO though. See and that's not chief me
CMO motherfucker put some respect on it. You're you're rocking a little great guy. It's getting annoying
Okay, really I was afraid it was just me but yeah, you sound like you're in a microwave sort of guy
Every now and then but we're closer today. Yeah
But open to me in case I was rocking
And see M. Oh does not stand for chief meme officer. All right, look look look look look look
Look, I guess the one other thing I want to touch on and I'm gonna shut up here and I'm gonna go to be checked
Oh, so just send me thumbs down if it starts rugged. The last thing I want to touch on at some point here is
Carbon made a tweet I thought was funny
He said today we're excited to announce our points program get ready for endless points to get started
We sent you some points now. You'll be rewarded points. Are you prepared for points so many points?
You'll look in the mirror with a cold dead stare and ask yourself. What's the point?
We got to talk about points here as well. I've been seeing a lot of tweets about it a lot of commentary on it
Every single new protocol new marketplace new what tool do whatever you're building
There's a points farm and there's an airdrop coming. It's like inherently bullish. It's inherently bullish
You fucking love to see it get rewarded for participation get rewarded for being early like it obviously it's the play
It's the way it's the web 3 way, but there is a problem here
Is there isn't becoming a problem increasingly becoming a problem that every single?
Every single proto everything upcoming every tool everything being built points points points airdrop airdrop
I think volley for magic Eden posted this like upcoming Solana airdrops list
Spread speed the other day brothers like 78 things on it like what I mean last bull market
I feel like there was like five or ten ever give any give the plants like for me farm
Arbitrum like farm optimism like for me couple like jam farm genie like there's like a couple up there
I mean, there's like 10 max now. It's like there's 85 on Solana 130 on e there's like 19 layer ones on
The horizon that are about a drop. There's like a hundred different marketplaces like it's sort of like gotten fucking insane and
Copy pasted the exact same playbook
Therefore everyone all the participants are spread so thin like nobody can participate
So I mean we can go around and ask like ask em efforts
How many farms are you actively farming, but I can't imagine it's more than like five
I mean, how could it be really I can't imagine it's more than like five or ten
That's who are consistently like putting effort towards farming because it gets so crazy so fast
I was making some tweets about it earlier. This is something we'll talk about
A lot more hopefully in the immediate future. I don't have a solution
An idea for how to optimize some of it I think for how to make some of it easier
Potentially something we can incorporate into this show. So we'll we'll touch back onto that at a later date
However, we got a lot to talk about today. We got a speculator. That's a fucking doodles. We got to talk about points
We got to talk about ordinals. We got to get into the whole entire thing before we do it
And I'm getting a phone call for you any of it. I gotta say what is up?
We got two co-hosts on stage beach like made it back. Good to see you on stage. How was the morning show?
How are you doing right now? How are you feeling? Talk to me be checked?
GM GM yeah feeling good man good day in the market
I don't know. I feel like well, it's not a good day in the market cuz cryptos down pretty savagely, but I feel
Pretty comfy comfy with my personal positions
comfy the NFT market didn't like move too aggressively as a consequence of
The rest of the market kind of nuking a little bit crypto was down quite a lot across the board
Yeah, the big the big thing from the market from the market talk this morning was the GBTC stuff where it seemed like FTX
So the FTX estate had been selling off like close to a billion dollars worth of this GBTC
Assets are like that's what's been weighing Bitcoin down
But the general consensus is that it'll be fine
They'll be fine in the end once they once that stops unwinding. It should probably
Be okay, which we took for a certainty that it's gonna be okay
Let me call the tweet here we go
There's a I pin the NFT stats tweet and it says capping off one of the biggest doodle rallies in years
One of the biggest 2023 airdrop farmers came in and sold 69 into bids
Lowering the floor by 20% the seller is still long
The farmer did most of the buying back in May 2023 and then Carson Turner who's like a big base EMF or quote
Where is the quote blur is great for projects people first one in ages for doodles
Six away from a three-eath floor far more comes in and crushes it by 20% and then a bunch of IDK emojis
I mean look we talk about blur quite a bit on this basic check. We talk about the points talk about
Blasts in in the lending like what is sort of your what are your thoughts on this tweet?
Like it's the only reason doodles are not three-eath or higher right now because blur exists and it's a net negative
Well, I think look it's like a double-edged sword and you but you can't also have it both ways
so at the same time we say the blur is entirely responsible for doodles going from what it could have potentially been
Down to like a much lower price because of this guy who'd accumulated a lot
but we've also literally just witnessed pudgy penguins go from
Whatever price up to 18 e like in the last
So like I don't know if you can be so selective and just say okay
Well blur caused every other project to go up and then go like viciously down
But pudgy penguins on blur a lot of the buying is on blur and so that's not it hasn't happened to them
Why hasn't it happened with pudgy penguins hasn't happened to them because they have a lot of buyers
Who were buying to hold like that big move up?
I don't know if you remember the tweet but there was like one person who bought with no leverage
Like no leverage involved in that ecosystem. And if you look at the lending chart
Remember when we were talking about your mutants the other day if you look at the lending chart
It was like it was horrible like all you could see was these really high APY
Bids like right next to the floor price and he's like look this project isn't is in danger of like cascading loans
If the floor price goes down pudgy penguins looks like clean. There's two loans that are high APY
So that's like you've got 1.7 e to like play with like free space. So there's no loans in danger there. So
NFT stats is like very adamant that blur does create a bad incentive because
Everyone sees this type of behavior and therefore if they want to buy a doodle, they're like, no
I'm not buying a doodle because there's this guy who's gonna dump on my head
And so I do agree with it that it has this negative kind of connotation and it
Puts this negative thought in your head and it prevents buyers coming in
But at the same time like it's ultimately people's behavior. Like if that person buys
170 to farm then you're in a bad position if people if someone buys 200 pudgy's with no leverage
Then they're in a good position. So the blur just enables like the worst holder in your thing
And ultimately a lot of collections will move a lot of
Projects will move towards this world where liquidity will be faster. Like it will be easier to sweep
And things which are not like that like on Bitcoin right now
You won't see that because it's so damn hard to get that transaction through
But that will come to Bitcoin as well. Eventually like we want things fast
You want to be able to do things at scale? So it's inevitability in the end. I
Don't think hate to take that fucking blur kill NFTs, especially because it allows you to sell easier
Like there was a time when when top you couldn't deposit that you could not withdraw from top set
You could not take your money up. So like okay the markets pumping
There's so much TVL like everyone's flowing their money back in the ecosystem. They know motherfucker
You just can't sell like what I can't I cannot withdraw my money
It's forced to stay in this wallet. Like of course, it's gonna get spent whatever. It's like
What am I gonna just hold it? Well, of course, it's gonna get spent
Versus a take where it's like, okay blur
Blur made it easier to sell my NFTs. I already want to sell therefore it killed the market
That take just like does not make sense and you can't have it both ways exactly like you said
I mean, what do you think be checked?
Well, the only thing I was gonna say is that like in addition to the points already made if you think about it like
Say you like illiquid art like real world physical art
There is a non-zero chance that if you like made the liquidity easier to buy and sell like the easier you make it to
Buy and sell the more like I think this is true
The more the easier you make it to buy and sell the easier the floor price will get kind of
Moved and pushed around by like your worst holder
So like there's a good argument probably for the fact that like physical art one of the reasons why it can maintain a certain price
It's because it's so hard to move and the friction to actually sell could take people months
And the blood is like the complete opposite now
And so we do have some like there is something in that like if you could if you could floor
I'm sure Picasso prices would go down because the worst hold of a Picasso in need of liquidity at any moment in time
Would be willing to sell it at some like stupidly low price
But they probably can't do that normally because it's just a hard more difficult process
So there's something to it. But at the same time like, you know
Pudgy has gone up really really far. So you can't have it both ways
Yeah, I think it's her. I'm a little bit of a different know beat track
Who bought doodles? What news did we miss? What was leaking? Did is it Disney? The Disney acquired doodles beat tech
It's got to be Disney, right
So we have this face not that not the speaker panels is face
Thank God, that's kind of the goal there. I was not here fucking shows I or talk about power
That's kind of I'm out with it
serious question like what
What is your like 10 foil hat speculation beats? I guess the white doos are pumping like uh
Clones not moving at all moonbirds are moving in the wrong direction not the upwards one
And cool cat cool cats actually pumped a little bit cool cats are up a little bit
But nothing could even close the doodles which is up like over a hundred percent in the last couple days here
I was your ten foil hat speculation. Did Disney buy our doodles? I
Genuinely genuinely have no idea
I do think that I mean I said this the other day like I think that IP is great. Like it's really really good IP
So to that extent if people are looking around thinking well pudgy's has got such amazing IP and we're gonna send that to AT&E
Like what are the other things lower down that might be a good IP play now that the market in back in general?
Like yeah, I think they would fit in that bracket
I don't know why someone would necessarily bet on them if you're like pure web 3 because of the way some of the comms
Has been done over time, but I don't know man. What are you thinking? I
Tend to feel like they had to have gotten acquired by somebody
However, I guess like a couple things is
One I'm not entirely sure getting acquired by like a non crypto native IP is bullish
Like I know doodles haven't exactly been the most like appreciated
Collection in the last couple years, especially around
The way that they like market and to talk about things the way they sort of like connect relate with the community, etc
Definitely not been the most popular definitely not been the most pleased
However, they've done all right. They have done all right all things considered. I talk a lot like I hate on doodles a lot
I hate on flow a lot. I hate on dapper a lot
They just they just get a lot of strays in my tweets and my comments
Maybe some of them are deserved. I mean some of them definitely undeniably
undisputedly are deserved some of them maybe not so much I
Kind of think they've done all right because if you really look across the board here if we give them a ton of shit
Yes, they were in a crazy position and they fumbled a lot of it
But at the same time how many collections that we were were hyped about in 2021 are still can we say that about?
They did all right flash forward to 2024. There isn't that many all things considered
I tend to feel like there has to have been like I don't know that what could they like?
Okay, there was the rumors that they got acquired or they acquired some IP like I've seen both sides of it
There's no way they like bought cool cats because cool buying cool cats is not sending that shit to three. It is not
I'm sorry. It's not happening. There's just no there's just no
Scenario in my head as to where a doodles buying cool cats is like pumping the floor price to exit
So outside of that I don't really know because I struggle to see if they did get acquired if it was like a crypto
Native IP like who I guess not you go labs, right? Like who is it, you know, it's not you go
Like it's who is it? I don't know not fucking taproot wizards or anything. I don't really know
It's not pudgy penguins. Like they didn't you know what I mean? It's sort of like I
Don't even see a ton of upside if you were like a crypto
Like let's say doodles did acquire cool caps
Like I don't like why would be my question like why for what purpose is sort of where I'm at
Like I don't think there's like a ton of
Remember like there was that rumor not too long ago that like Kevin Rose was telling moonbirds and everybody was like why would you buy moonbirds?
Like to do what there's sort of like it isn't even like oh, it's like a legacy collection and there's like
It's like buying like I used to be popular clothing brand. That's no dead. It's like no, no sort of like
Everybody sees this as like a hate state symbol like they hate this thing
Everybody that holds it everybody that's ever talked to like they hate it
This isn't it's not I mean, it's not like you're gonna like save like it's not like you're like reviving crocs from the dead
Everybody loves crocs. They just fell on hard times you like bring him back from the dead or like champion
I don't like you're like Nike and you're like reviving champion like a once loved brand
Fell off somehow got into the clothing racks and Ross and then like make a resurgence like it's not crocs
You're human like it's moonbirds, bro. Nobody wants it really to win just to just being honest. So I don't see like
The huge bull case like if I was if I was doodles
To like acquiring another web3ip cuz like for what purpose they're just I don't know
So I don't really know. I'm kind of just like saying whatever about whatever right now
I tend to feel like they I mean they got bought by somebody right? There's some news
Let's just say there's some news the fucking has to be they do not just like pump to it
Like two two and a half acts on nothing. There has to be news
I kind of want to get some takes on it because look we know absolutely nothing about what happened
That is why it is our job as faces bozos to come up here and make definitive speculations with zero
Information look before I go to a hand. I will just go back to beach check really quickly
Do you think there's any scenario in which doodles acquired a web3ip or they were acquired?
Personally if you if I had to choose if I had to do some unfounded
Speculation with no evidence. I would go in the direction of being acquired rather than acquiring
Because I think a lot of these like good IPs
Have their hands full like building out what they're doing already
And I don't think they would want to like add more things to their plate at the moment
Whereas I do think they would be attractive to someone else
I don't know who but I think that doodles is an attractive IP
If I had to choose between those two, I'd say that one do I think that's actually happened?
No, not that either, but if I have to choose that's what I choose
Imagine polygon bar doodles and a bridging over I
Think we'll see more bridges. We'll see more bridges. I don't know what to do, but we'll see bridges
I think that man is fucking dead toast. I think I think I
I think it's gonna be dead like it's not gonna happen again for a while like any major
Projects because the huge thing went so poorly. I actually do think it's a good idea
I just think it was executed so terribly that like
Most of these chains are gonna like pump the brakes on a bridge
It's like why why spend like five million dollars to buy like semi-popular NFT collection
When you can just use five to ten mill home grow your own collection and fucking pump that shit
I sort of don't quite see the bull case for the bridging right now
That'd be hilarious if they bridge the polygon
But look let's go to some fucking hands put the tape foil hats on look if you're gonna speculate on this that I need a hot
And definitive tank. Oh, I don't want to hear it bongo. I'm gonna start with you
We're going on the horn goes present bongo. Who the hell bought doodles or who the hell did doodles by I
Got it. I got the hot tag for a guy. But first team first
I just noticed earlier today that when you're saying look look look look look look look look
It sounds like look look look look look look look. Yes, you know pointing that out
Doodles told you they are not an NFT project and that you can floor your shit and get the fuck out
Okay, they are not even they don't even consider themselves an NFT project
So I don't know who the fuck it's talking about they acquiring like other
Projects in what three or getting acquired by someone else doesn't make any sense to me
The only thing that can make doodles pump is a token so that I think what we should be spent in here
I mean, what else can it be has to be a token in order to pump?
It's the only reason a suki was pumping the other day
Is this what we like I made a tweet the other day and people didn't really like it
But I thought it was I mean brother tweet was honest the tweet was honest
And it said when you peel back every layer and NFT is nobody gives a fuck about utility. We just want free money and
You can use any mental gymnastic
Tactics you can flip around that bar. You can do head spins kickflips
Whatever around that take to justify why we care about utility
The reality situation is the only reason people want utility is because they think it's
Inherently going to come back and pump their bags. I got some of the pumps
Yeah, crypto punks are the only it they're an anomaly crypto punks are an anomaly and a few CC zero projects are an anomaly in
My opinion they just are there's a couple that I think just like make it no matter what but
The price action on the like CC zero no team no free money
Collections, I think will always just like inherently be a slow grind. It has to be it's a much slower grind
punks are sort of to me punks is like
It's hard to come you can't really compare anything to punks because they sort of just like live it exists on their own
They're in a different look a completely different spot than every other collection. I sort of put them to the side, but it's like
If that's the case and we peel every layer back nobody cares about utility. We just want free money
What's the best way to give people free money? I mean inherently it's a token. I
I'm not gonna lie. I came up. It was like I was talking to leave you that I was talking to Frank
I came up with this fucking plan to how to send crypto and debts to a hundred eat or a hundred soul
And I got it. I mean I fucking got it, but you gotta launch the token. You have to launch a token
It's the only way and it's sort of like
Actually, I have a lot of thoughts on this
I'm gonna put a pin in it for right now because we are gonna go deeper on it
But I do want to ask beach that and I'm gonna go to the chance to go to Danny go to go go sneaker dad
I mean beach that is this where we're at is
the bull case for buying an NFT in 2024 is
They may or may not have a token upcoming and if they don't I probably shouldn't be buying the collection
Possibly very very possibly to be honest for the exact same reason why bongo said that they're not
They shouldn't necessarily be on people's radars was why I didn't even bother thinking of a token for doodle doodles
Because I don't know how much
They think of themselves as needing to cater towards the web3 crowd
So that's why I didn't even my mind didn't even go there for for them in particular now
Maybe they would done some sort of you turn but as they've said before like they're not trying to appease
Their NFT holders specifically they're trying to build this proper brand and IP in the real world. So
Look, that's why I didn't think think of it for them for other people
That's a different question
Like for other people I think there is a very reasonable chance that that is the like that's the inevitability
Like how long can you put off a token?
I kind of almost think that gaming is inevitable is an inevitability as well
It's like two things that these brands like when these brands launched a couple of years ago
They would have not had any idea like what they would have been doing two years later
I think that's the nature of the beast you kind of start then you don't know if you're gonna be successful or not
And it seems the longer the longer you exist in the space the end point will be gaming and a token
That's just definitely one of the things I've been thinking about recently and it might be the case that if you don't take that route
You just get left out of the spotlight when it comes to people's attention
I think it's the kind of point and look we talk a lot especially we used to talk a lot about the like
the you go blueprint and the you go playbook and if we really just
P again peel the layers back. What is it? You go playbook? What did you could do better than anybody?
What did you could do that? Nobody else could do they gave holders more free money than any other collection could ever dream of
That's really what they did like in my boat in my post
Everyone's in the comments with the fucking virtue signaling bullshit you virtue singulars make me sick
First of all, everyone's in the comments like no
No, no, it's not the free money. Like it's the vibes. It's the community. It's the yep, but you gotta understand, bro
One of the whole entire community when 10,000 people get $50,000 for free. You think the vibes aren't good
I do think the community isn't strong on
Solana when that shit rockets to all-time high or like the with community doesn't get stronger
When it makes a leg up to 350 mil like I think that those two things are directly correlated
But making money is the leading indicator on that
Like the vibes in my opinion don't aren't at their peak
Before the money starts flying and I think it's the other way around the money starts finding the vibes are good
I notice how every knows how pussy penguins is like the best community right now core. Of course, of course it is
There's 20 years and it was half of that two weeks ago
Like of course, it's the best community not to say it wasn't cooking before not to say they weren't in a great place before
Price is a leading indicator when prices up. Everybody's happy. This is how it is. Also on the the token
Point we talked about a little bit at the beginning that there is literally on I'm about to put a poll up to see how many
How many farms your efforts are farming? There's only unlimited farms
Nobody's farming anything because there's too much and I've had quite I mean
I haven't had quite a few like partnership sponsor
Just like pick your brain type of calls with upcoming shit in the background over the past couple months here and bro
everything like every single
Company is launching a token and their tokens are launching tokens and just when you think they don't have a token
They probably have two tokens in the background and just when you thought that the points converted to a token
There's more points and there's more tokens and when that last token is up
It converts to more points which converts to more tokens like it is it is it's actually insane
Like it's almost you know
It's actually insane is it's gone to the point where if I talk to somebody that's interested in doing something
Whatever and they don't have a token. I'm like why?
Like what do you what do you mean? There's no token like for what? What do you mean?
There's no token like you're a social fight platforming. You're not gonna want what like I'm sorry
What do you mean your social fight platform doesn't have points like it don't we've gotten there
We've actually got in there where it's like what I'll say this as well. I'm looking around at NFTs
What if he do I want to buy et cetera et cetera?
It's like fuck. They already launched a token. This probably does not have the best ROI. They already launched the token
Like I don't know if it's the right mental model
But I am 100% like programmed to think like this now if you're not launching a token why and if you've already launched a token
I'm buying something else like it's sort of where we're at. It's where we're at. Okay, don't fucking call me crazy
You're crazy. You're crazy. Not me. We're all fucking crazy. I do want to go to some hands
Oh, let's fucking speculate about doodles some more talk some shit about tokens be check you're off mute though
I want to hear your take what's up
Dude, I told you the other day. This is the agrarian. What did we call it?
The agrarian instinct or whatever it is. We're going back to becoming farmers. That's it
This is actually the way to make money in the space moving forward like this whole
21st century where everyone had like stuff and like good stuff and
We're going backwards. We're going back to people becoming farmers and we're gonna be farming protocols
That's gonna be the main form of sustenance in the future
How am I fucking hunter gatherers shit right now straight up?
I'll say this to the real opportunity if anybody can figure it out
The real opportunity is who can figure out how to like aggregate all these point farms airdrops, etc
Like the spreadsheet thing is not yes
Like a post of like here the protocols you should be farming 300 block long spreadsheet every day
reality is no one's going through that who can figure out how to fucking aggregate them and
And get like one person multiple farms multiple points from doing like one action. I don't entirely know but there's just like
Insane arbitrage opportunity there insane because there's so much and nobody can keep up
I mean bro every space talks about like two or three or a couple we'll talk about a couple
We talk about a couple but the reality is there's like hundreds
There's hundreds and those hundreds are farming hundreds of others that we don't even know about that are farming hundreds of others
We don't even know about it's kind of where I'm out with it. Look, let's go to some hands
I want to get some takes let's stay in the doodles topic for a little bit
No, we'll move on in a little bit. We got Danny on stage. Look, I was I brought up cool cats
I see the PFP. It's good to see you on stage. I'm what the hell happened. Who did doodles by who bought doodles?
We cool captain ball. I mean, what the hell's going on?
So it all starts with the launch of doodles doodles was created by a team that was
Okay, Dapper labs as we all know are the people behind NBA Top Shot behind crypto kitties
Rohan is like the guy that coined the phrase NFC. All right
Doodles to as we all know migrates to flow
Okay, so like right now if you want to do like the doodles duplicator shit and make your own little avatar, that's all on flow. I
heavily believe heavily believe that Dapper is going to have one of the biggest years out of any
Dapper is not even a blockchain, you know
Dapper is a company but flow and Dapper are going to have one of the biggest years in all of crypto and
Why why I believe this is for a few reasons for one they are proven
All right, they did it in 2017 with crypto kitties. They did it in 2021 with Top Shot
They've been building all this time and this year one of the things that they have going on
that's a really big deal that not a lot of people are talking about yet is
Disney pinnacle and for those that don't know Disney pinnacle you can go look it up right now
It's a DAP that um, you can download it on the app store right now
And it's these cool 3d pins, which is a big deal in the Disney
world where you know, you go and collect pins and
You can buy them right now on the app store with your credit card
Okay, these are NFTs these they're marketed as digital collectibles
Like the word NFT isn't used anywhere in the app
the word blockchain is because it's blockchain back, you know, true digital ownership, but there is a shift in the way that
Dapper Labs is marketing digital collectibles as NFTs to the public
And so when you're talking about all of these things together
Like I think in a few years time doodles will be like a cartoon on Disney
I think that that is something that is pretty much inevitable because the reality is
Dapper is in cahoots with absolutely everybody the NFL the NHL the NBA
Disney ticket master Apple Google Dapper is so
Interconnected and their mission statement for years has always been to onboard a billion people into blockchain
Technology and they're going to do it in silence. All right, that's the big thing people aren't even gonna realize they're interacting with
blockchain technology and buying NFTs at the level they're going to and
One thing that I've always been super big on ever since I was a kid is that kids run the culture
Okay, kids are the answer to all of this shit
Like if you look at fortnight, right like V bucks and skins are literal
Digital currencies and digital assets like this shit is so familiar and understandable to kids
Okay, and as Disney gets more and more into this blockchain space
That's who they're gonna push this shit to you know
I think of when I was a kid to in town that old game the web browser based game
Right you like create your character and you run around and play a bunch of mini games
That is for sure going to come back for kids in the form of web 3 games
Okay. Yeah, and so that's that's pretty much my thesis
I think you're right to think I don't know if necessarily Disney has outright acquired doodles
But everything is interconnected in the flow and dapper ecosystem
And that's like flows one of my biggest bags like I believe that that's gonna I can tell
Yeah, I'll say this though Danny. I'll say this that was maybe the best genuinely. I mean this maybe the best dapper such flow
She'll I've heard in a long time
They don't have you on payroll. They absolutely should but here's my question. Yeah, here's my question
Cuz I I started this shit with tops. That's why I got in this space was top shot
How to fucking the last the last NFT ever made my dad buy was a $10,000 with Ron James moment
And I wasn't invited back home for Christmas this year. I'll just say oh
So here's my question because you are right on quite a few things
Dapper does have the IP of basically everything
Here's my question though if
Dapper ran it up with crypto kitties and I won't say they failed because they couldn't have failed
But we're unable to sustain the hype and the attention of crypto kitties. They went to
Sports, they got the NBA license. They ran up top shot
Which honestly, I think second to punks is like maybe the most influential one up to you ever
Genuinely changed the game. We're completely unable to sustain it though moved on to NBA NFL to NFL
La Liga soccer like to every UFT
I'm not entirely sure what they're doing to Disney. Basically what I'm getting at is
Wall dapper is basically connected to any and everyone in the space
They have proven on quite a few occasions that they are not particularly competent in long term sustaining these ecosystems
Okay, why is it gonna be different with doodles this time Danny dude see and this is the thing
What you're saying is inherently wrong because they sell out every single pack they drop
They sell shit out their business model is not to make us money
Period and their mission statement is to onboard people through digital collectibles
And that's exactly what they have done time after time after time
Okay, a lot of P and I hear you I hear you
It's like oh my top shot portfolios was once worth a quarter million and now it's worth like $4,000
It's like yeah, like their mission was not to make you money. Their mission was to sell out packs
You know their mission was to get this shit into the hands of collectors and now there's
Thousands of salty people who have these top shot moments that they don't care about but guess what?
They're part of the ecosystem. They have been
Onboarded into these ecosystems and that is their only goal, you know
So if you reframe your way of thinking about what is success to this team?
They're massively successful. They are massive. They sell out every pack drop like that. It's not a bad business model
It's a great business model. They do exactly what they say they're going to do
You know, it's just we as collectors look at it as oh, they they weren't able to sustain the high prices
That was not their fucking prerogative. That's free market value
Like that's up to us to decide right but they what they do
They sell the packs and they sell out the packs. So like that's all I'm saying
Okay, they're they are a very successful business with a very successful business model
I did good point you got good points and this is what when people ask me why topshot failed
I think I was exactly what it did. It didn't fail. Okay, well not fail
What people say it did know that is the argument people are like, oh top shot failed like no
Right now do they keep selling? Are they growing? Yeah
Packs out top shot didn't fail tops. I did not fail, but they definitely lost their like
Dominance over the market and they diluted the shit out of them their own market
and the reason is kind of exactly what you just said is a vision for top shot was never the vision for like
Flippers and long-term holders because they're they their vision is you could just go to the Lakers game tonight
With your kid and you leave with like a $2 LeBron moment. My vision is I buy a scarce NFT
I do nothing they send me free money number goes up like very fair
Here's my one my one put or my one just like question back to you Danny is if that's the direction
We're going and the goal is not to pump our bags
But to onboard as many billions people are possible doesn't inherently mean
That the doodles floor price is going to get diluted at some point because their goal is not to make doodles holders money
but their goal is to onboard as many people as possible and
That is where it becomes a game of speculation and I'm gonna throw it back to I know we're talking about doodles
Like this Disney pinnacle thing like I'm big on it right now
Like I buy every single pin I can get like they're fit. They're selling out
1,500 pins at $50 apiece in an hour, you know, that's how frequently hot 1500
How many how many drops have they done?
They've done four of these premium drops and then they have open editions all the time
But there's less than 6,000 users on the platform right now
And my thesis is you don't bet against the fucking mouse, dude
You know when there's like ten thousand fifty thousand a hundred thousand users on this and everyone is trying to get one of
1,500 pins for $50 apiece
Like this is just the next bubble
like if there's anything that
Dapper has proven is that they are really good at making these bubbles and getting this like attention economy where it's gonna be the hot
New thing people are gonna start making money and by people I mean me because I'm fucking loading my bags early
and then it's gonna run up to these unsustainable numbers and then the bubbles gonna pop and then it's gonna like
Decline and people are gonna be like oh fucking dapper cash grab shit again
But it's like no like they just they have a model that works
Bro, and it's gonna make some people money in the short run
But in the long run the bigger picture is to get digital collectors or digital assets in the hands of collectors
Danny Danny isn't is it right that you can't trade the pins yet? That's correct
It was the same way with top shot, but that was 2020 no way
Yeah, it's hey man flow is a very centralized blockchain
Okay, don't get me wrong like I hear you guys right
But I like I've been in this for years at this point like I see it from both angles
You know people shit on me sometimes when I come up in these spaces and I talk about flow
They're like, oh that centralized bullshit. It's like yeah, it's centralized
But do you think every single person in the world is gonna want to have to do all the work of decentralization?
the risks of metamask and fucking
Solana and like all the like
Possibilities of losing your money like not people want basic easy shit and that's what dapper and flow offers
like so that I agree with that I agree with is like
When I brought my little cousin to NFP, he doesn't he does not give a fuck if it's centralized or not. Let's be honest
Although I will say that I
There's no way you can't sell the pins. That's crazy. That is crazy. Oh, you just can't yeah, you'll be able to
Dude I I trust my own thesis. That's all I'm saying, you know, the Super Bowl is coming up
There's been some talk about low-making waves that you know, the ads and whatever like I don't know man
It's it we all agree that 2024 is a big fucking year. We all agree that and
Three major pumps are kind of the ones that lead the charge, you know, so that's all I'm saying
I think you have a good you have a better thesis than most because you actually like happy take so I
Respect that you have a genuine take obviously you've done research obviously have at your points in act I I don't necessarily
Disagree with like I think it has some legs
It's I there's some lore here the take has some legs and I'm down to get a little freaky and explored a little bit
I mean beat check you you yeah, yeah besides on the freaky part be thick you had your hand up
I mean, what do you make of this?
Yeah, I'd have two two thoughts on this
The first is I actually I think you're right as well TD Danny. There's like some truth to what you're saying
None of what I'm about to say necessarily invalidates this stuff because if people just want to run it back
Then people will just run it back
There is a chance that people will run it back
But the two things I'd say like with some experience now is that you know
I agree that you can't bet against the mouse
But the thing is the mouse is in a variety of places now
So Vivi has done this already on like a centralized kind of
Centralized app where you can buy Mickey Mouse stuff where you can buy Batman stuff where you can buy spider-man stuff
I like to all of these IPs have already like launched in various ways on
Different chains and then it just depends because and now it's more difficult to side like okay
Does someone want this Mickey Mouse thing or do they want that Mickey Mouse thing and that becomes much harder?
To make to place your like big bet because you could bet on the on the Mickey Mouse
But in one of the apps or on one of the chains that is not actually the main one
And so that's my first point because I feel like there was a huge bubble and a huge run on all of this stuff in
Which I participated in in 2021
So there's that to keep in mind and the second thing when we're talking about centralized versus decentralized and I actually agree with you
Again on this in the sense that people probably won't care up front whether it's centralized with decentralized
They will prefer the centralized experience the man speaking from as someone who had to take out a lot of money out of Evie
And they decide to take 10%
Know your capital they took 10% of the capital that I'd already paid
Secondary like are you already pay your second your royalties whenever you make a sale then they took 10% of
Just the money that I had when you try to deposit which is absolutely insane
That's insane tipping calls from the US is getting crazy be checked
Exactly. That's like I don't know an exit tip like you've already tipped and as you walk out you have to give another tip
Absolutely outrageous. So I'd keep keep your eye out for those types of things because look fair enough other people might not care
But just keep your eyes out as participants in the space for those like terms of conditions
Because it might make things not worth it for you
I get the 10% that is an anus, bro. It's like when you fucking
You walk into a restaurant you check out at the register. They already put like a 20% gratitude in
Is that how do you say that word gratitude?
But they take the 20 fucking percent then they ask you for a tip on top of it
It's like brother brother. What are we doing here? That's heinous
I also lost a lot of money in VV as well. So shout out to
Look we got Austin on stage Austin
I've been we've been speculating for the last two hours about doodles who acquire who they acquire
Token when this we know absolutely nothing about it. That is why we are qualified to speak on it
I mean Austin good to see you on stage. Mr. Pickle Rick. What's going on in that for what is on your mind?
What can you tell us? What can you tell us about this part? Oh GM GM trying to get caught up to speed
I was like getting DM'd in like five different group chats that
People were talking about doodles and speculating here. So hopefully I can set the record straight a little bit
Yeah, I mean the pump yesterday was fucking crazy
I think for all of us to watch that and you know, it felt good in the sense of like we've been really heads down
Since you know, I joined at the top of last year. Literally my year mark was a week ago
and really just making sure that the we start with the community and focusing on how we're building for them and knowing that we had a
Lot of work to do to drive sentiment not only within doodles
But within broader web 3 and it felt like coming into this year a lot of that work was starting to pay off
We were pretty clear of like what our
Strategies were going to be going into 2024 and how we were going to look to bring the community into how we were building this immersive
Transmedia storytelling company and really like putting them on a platform and having them included in our content
And so you know going into this year
We're very upfront of okay
We're gonna announce a major brand collaboration that we're really excited about at the end roughly the end of this month beginning of February
We're going to have the studio come out of beta in February. These are things that we talked about in December
Continue to talk about this month. And yeah, I think there's just been like more and more awareness that like we're here
We're building we're continuing to do shit. We've got a lot that we're really excited about
I feel that a lot of questions from like new doodle holders figuring out what's going on
But I think anytime you see like a big move like this people speculate that's part of the game
And yeah, thanks for that Austin question what like practically happens when the studio comes out of beta
yeah, so and I think this was just like a
Re-education for a lot of people of like what the studio is
I think there's a lot like quite frankly of communication we could have done better
With like I'd like doodles wearables and flow and and all that like the studio is our collector's hub
It is it's built multi-chain. It is where you go for your OG doodles for avatars
It will connect every touchpoint in our ecosystem
So from our physical product to our experiences, you know, this is where you're going to be able to track your progress within the ecosystem
It's also an opportunity where brand partners are going to be able to play in
Into the doodles universe as well. So it's not like a this is the first step, right?
Like we're we're very much an MVP. We're gonna be building a lot of new features
But it's very important to us that the community knows that this is very much built multi-chain
And it is a full 360 approach to how we're we're looking to develop, you know, the developed doodles overall
Okay word well, well, thanks that Austin and I actually do have to send you a DM back
I tease it a little bit but may or may not
Your little IRL conversation coming up in the next week next week baby out in LA see you in next week
I'll be seeing all that pickle next week. That did not sound right go-go. What's going on? What is on your mind?
Who bought doodles when token give me something go-go. Don't be shy. Oh, no
I doodles wouldn't drop a token. That's that's the last thing they would do. I mean not to speak for Austin
My bags go up go-go, um, I'm I'm saying that so they can have the most element of surprise ever thread. Yes
But yeah, no, I I do think they would make a great acquisition for any media company
But I don't think it would be I mean, I mean sure Disney would be fun
But I think Paramount would be a great company to acquire them for like
Nickelodeon content as opposed to Disney despite the fact that we knew they were going to flow and Dapper Labs is a great like
Intermediate connection. I mean they made the announcement a year ago for flow and
Danny a great takes by the way
We we knew about Disney pinnacle back in November. I don't know
Bullish that is or not just because I
Like VV didn't go that great and like Disney's great
But like they're their focus on blockchain is kind of scattered
So it's just kind of like I think they're just sprinkling their IP everywhere just to say hey
We have a presence here and I don't know that they're that they're leaning that far into it
You know what I mean, but I would love to see doodles on a show
Do you know what I mean? Like they would be perfect characters
But it would be even more bullish for me if they created that in-house
Because I do think they have a strong studio
Did that studio reeducation all happen within the discord?
Like because I didn't see that you guys put out cute content on Twitter
But it's usually just cute content not a lot of announcements. So I'm assuming everything goes on within the discord
Yeah, go go. Thank you for yeah your your breakdown and aspirations a few
Things I feel are important to clear up like I've been responding to a lot of threads of like, you know
We're not selling we're buying that which is like a famous quote from our founders like way back in the day
Like there are no acquisition conversations. I would be squarely in the middle of those
We're really really excited about how we are building
For this year and the type of partners that we're going to be bringing in to the doodles ecosystem
I think we're very uniquely positioned with the world we're building to have you know
Some of those major partners who are interested in web 3
But can't do it on their own or don't know how to bring going natively or looking to engage
Directly with our our community. We provide like a really great platform for for doing so, you know through our partnerships through the studio
And being able to deliver content for them
I think one of the big calling cards that we don't quite frankly talk enough about is the fact that we own our own
animation studio in Golden Wolf
They've been around for a decade. They do work some of their biggest clients are like epic who does fortnight
Disney adult swim with Rick and Morty like there's Nike like a lot a lot of big ones
And so you can kind of see how like the hands can kind of feed each other right like as we're doing client work
It's also an opportunity to like pitch doing things with doodles and vice versa like we're able to do a full
holistic marketing campaign because we can go and create all the animation ourselves, which is usually like a
Pretty big lift like when you look at other projects like they have to go and hire out for that
You know, we obviously did all the trailers for moonbirds that came out last year
Which I think came out great and really happy to have that relationship
To you look at some of the work that Azuki is doing partnering with line and other other agencies
So we have all that in-house and we're really set up to be like a full end-to-end like web 3
Incubated IP so no plans in the immediate future to move otherwise as it relates to the
talking about the studio, so we haven't like
Really talked about it publicly to the broader web 3 space yet
And I and I again like wanted temper expectations it coming out of beta means that people who do not have a doodle
Who do not have a self-custody wallet will be able to come into our ecosystem use an email address start creating?
Their own doodle by wearables and start to like go down that funnel where eventually hopefully they're buying an OG, dude
More announcements about that in the coming weeks of like what our vision looks like what it looks like today the type of features that will
Be coming to it, but it's very much like our onboarding tool
To the broader broader ecosystem and partners as well
Thanks for that Austin. I'm fucking excited for studio beta and to see you
I'm efforts in LA next week, but look I've changed the title of the space
We got a little news little alpha little drop little thread that is way too long for me to read out loud
So I am going to attempt to read it out loud. Look
Magic Eden just made a tweet magic. He just made a tweet
Introducing how long wait first of all how long ago was this tweet?
10 minutes like 10 minutes 10 minutes to go on the fucking dot chat to you swag
Introducing magic Eden rewards. We've spent the last year designing a long-term cross chain NFT rewards program built for
Everyone this isn't just another points campaign. Thank God
It's a meticulously crafted plan to give back to magic Eden's OGs collectors creators and DJs alike
Giving back cross chamber starting with Solana
Part of our vision of magic Eden is to create a home for creators and collectors across all different chains
Just like our inception back in 2021. Our rewards program is starting on Solana
It wasn't that long ago. Some people were writing Solana's obituary. That's a big word. Oh
Bit too wary. It's five yet. Here we are today celebrating a vibrant community collecting massive wind on February 2nd
Yes, February 2nd less than a month away
We'll be giving back to our Solana OGs with a retroactive diamond drop to account for historic
Activity going all the way back to 2021. That's actually crazy
I'm gonna read it on February 2nd
We'll be giving back to our Solana OGs with a retroactive diamond drop to account for historic activity going all the way back to 2021
I don't even know what that means but it sounds like token to me. It sounds like airdrop
It sounds like free money free thing goes up. It sounds like utility is what it sounds like
For magic ticket owners. We have not forgotten about you
Our plan is to incorporate magic ticket owners in our rewards system with more details coming soon
This isn't meant to hype magic tickets
Although it is the best way to get rewards by using magic eaten daily not by buying magic tickets
What is next and how to get started to get started visit their website yada yada yada
And make sure you have a hundred percent loyalty to receive double the diamonds. I don't even know what that means
Relist all nfts and delist pools in just a few clicks over the next few months. We'll be bringing our rewards program cross
Change shout out to frank d god great news is we'll honor past present and future activities on all of our marketplaces across Solana
East bitcoin and polygon. I didn't even know they had a polygon marketplace. Actually our magic eating wallet will go live soon
We're working on integrating rewards right into the wallet
So you'll be able to start earning diamonds there as well
At a later date after launch. There's a typo magic eating for the love of god hire me
Our long-term goal is for magic eating to be a hundred percent open source with ip governed by the community with 99 percent of internet
users having never owned an nft or on a mission to close the gap and bring the masses to
Nfts we're proud to be handing over our protocols to at non
Fungible doubt and excited to see the token nft holders community build
Something amazing. Wow. Shout out to magic eating with the announcement. Look, i'm gonna highlight this one
I think this is the highlight unless I missed it. My reading comprehension is at like a second grade level
So please forgive me if I skipped over anything important
But on february 2nd, we'll be giving
Back to our solana og's with a retroactive diamond drop to account for historic activity going all the way back to 2021
That's fucking bullish. That is very bullish. That means if you
I mean, it means you're gonna get rewarded for your usage activity on the platform since 2021
I can't help but read this and not mention open sea in the same sentence. I just cannot even fathom process
Comprehend how they've bumbled the lead the way that they fumbled it seriously. Everyone's like, how do you save open sea?
How do you save open sea? Here's a good start something like this
I mean bro people were buying it if he's an open sea in 2017. Here's a good fucking start
Why don't you look at what magic eating is doing?
Um, this is gonna be really interesting though. I gotta read this again. There's like a lot here, but it feels like token. Yes
And um some sort of like retroactive rewards for people that have been using this since 2021 like yes
And it feels like it's cost chain. Um pretty fucking interesting. I want to get some takes on it. I
I mean b check why the fuck can't open sea do this. Why can't open sea do this? What was what am I missing something?
It doesn't feel like this is so hard
It feels like this is the easy play feels like this was programmed that magic eating was gonna do this in day one
Why can't open sea do it b check?
Do you think it's something to do with
So like the only reason I can think like everything everything that everyone does as you were talking earlier thread
It's like everything everyone does is to do with incentives
Everything everyone does is to do with like how they might be able to profit in some way
And we know that open sea I think I need to double check this
But I think they raised during the bull market at some like crazy valuation
And a lot of people started writing off
Uh, a lot of the investors started basically like writing off their investment from what I remember
I need to double check this by the way. I'm just gonna I'm gonna say this first and check it after
So I think a lot of investors started writing off
Their investment with them just like look this is just so far down
I think there was a company called tiger global that basically wrote down like 90 percent of their investment again
Gonna check this after um
And so I wonder whether there's just something to do with the way that they raised in the bull market that means that it doesn't make
Distribute money in this way now because it wouldn't return the money that they hope to return
To investors at some point now. I completely appreciate they also can't return any money to the investors
If they their protocol itself goes to zero because no one's using it because everyone else is doing tokens
So they're in a bit of a catch-22 situation
Uh, but i'm gonna stop there. That's my initial thought i'm gonna actually check what I said to see if it's true or not
I mean that 90 might be generous
Is what I was thinking as you were saying it i'm like only 90 that's it
That's what as far as it dropped. I mean, I I have some thoughts
I'll throw it to you bongo and i'll get into I mean, what are your thoughts bongo when you see this?
You see this announcement magic eden opens these fucking slacking. But what what are your thoughts when you see this this announcement?
First and first loyalty means that you have everything listed on magic even and they do have a safe solution
That I just use you just click they ask you if you want to boost your loyalty
And they deal is everything for from every other marketplace and they put it on emmy, which is wow to see I mean these guys are
They are coming for the cake. Um, dude, I just think open sea it's not competent enough. Honestly
I mean everyone has been crushing them
Uh for the last what year and a half during the entire bear market
They made a bag and they capitulated or they just don't they don't have what it takes and emmy has been hungry and
They they have the best developers around and they're they're fucking crushing it. What else can be said?
It's an open sea of elves
Bongo, can you tell me what?
So krypto and dad just tweeted it could be the perfect time to pick up your first or next krypto and dead
The next 48 hours magic. Eden has applied a 50 diamond bonus to our collection when trading on our marketplace
Diamonds are their their point system, uh that you get by trading in the app setting pools having loyalty
Uh, that's pretty much how you get them
It's based on volume and you have this little
Did you watch their video in which uh, there's a brave and a few other nfts
They have their own little custom character that they use and you can label that up
And based on the label it decreased the amount of fees that you are paying and things like that
Is this enough to pump the endeavor
Uh beat track what's going on in effort?
Just coming back to confirm maybe
80 90 right and what I was saying
so tiger global reportedly marked down stakes in board abiot club and open sea by 69 and
94 respectively they really reduced about 69. That's okay
Yeah for board abiot club and then open sea was by 94 percent. So they're just writing down
uh these valuations because
Yuga, I mean yuga in march 2022 was valued at four billion and it at its peak in 2022
Open sea was valued at 13 billion
So I just have to think and this article is from december the 1st 2023
I have to think like there's something to do with the way that they raised
At the particular time that they did and the way that their value is just completely tanked
The people who need to get paid may not get paid
Via the token which is strange though because the token is actually a pretty damn useful way
To get paid and for everyone to get paid
Uh, maybe it just doesn't come close to what they had hoped for because of where they raised that though
That's my thinking now the investors just didn't have any open sea activity. They wouldn't get the airdrop
Yeah, I mean that would be one of the ways but I guess you can carve out a significant amount uh for themselves
Damn market that shit down nine. I know people that were in like you were talking about around trips and people like imagine you invested in
Rode that shit all the way up to 13 bill couldn't liquidate anything and now you're back down 95
That is bad. I mean, it's like it's like the disney pins. You can't sell it no matter how much it's up
Dude, like that's one of the most important things to keep in mind like right now as we speak if people are involved in
These like kol rounds or angel rounds like I think a lot of people like a lot of people are looking for capital right now
And a lot of the terms are quite favorable and I guess one of the things that you need to keep in mind
Is that you might be evaluating a project like right now?
Based on the based on its position in the market right now
But if that token is is due to drop in march and you're thinking oh, that's only like a month and a half away
but you get only like five percent of the token at tge
And you you've got a lockup of six months or a year
And only then you vest for like 18 months
Like you're not seeing that investment back for a hell of a long time
so unless you figure out properly the schedule of
When you're going to be getting the things unless you have like rock solid confidence in this protocol
You not only need to know like right. This is going to be good in
Three months when the token is going to go live you need to know like what's it going to be like in 12 months 18 months
Potentially so it's really really hard. I I I agree with you
Who would have thought open sea would have crashed like that? Yeah, I mean it was free
Hey two things really quick i'm doing a little little survey here pin to the top
How many points must air trucks you actually farming right now fucking clicking a vote on it, please
It's kind of crazy. The zero is winning. You're telling me the majority of the space is farming zero
Protocol, I I mean what did we teach you math is nothing zero zero?
How many are you farming? How many are you farming? Uh, rsic and that's it. So second of all
Yeah, fuck you boy. Second of all is um on the angel check investing thing
Like I it's actually a really good point
Like those those like sort of like I've got a hey
Hey, can we collectively come up with a better word than kol?
Please can somebody come up with a better word than kol i'm so sick of that word
It's the term. It's somehow worse than influencer, but it is the term
But like these like kol rounds, etc
Like it wasn't even a thing where I had a position to be involved with in 2021 2022
I was like who knew had no idea what was going on
Is throwing money around everybody wants investors. Everybody wants to get the influences whatever
But you got to like take that into account because even with like the open sea example
It's like man, you could have hit the biggest home run ever. But uh
Depending on the way like your deal is structured your vesting your tokens things of that nature
Like you might have realized none of it. So it's definitely one of these things where it's like that
We could do napkin math all day
What this investment could be worth if it's timed perfectly at the pico top in a super cycle bull run
I think more often than not you're fucking locking your money up in the chance that you see that positive return on investment
A year down the line two years down the line. It's just like not as free as it seems
And I feel like that's been the like obsession
Honestly, ever since leet made that tweet about the like the angel check cabal and all this shit
That's been like an obsession. I know people are working on solutions like there are
Prominent builders and ct that are like working on solutions for like, I don't democratizing deal flow and giving retail access to it, etc
It's like gotten very glorified. I think over the last couple months here year plus whatever
But it's like a very good call that I mean bro
Look at fucking like imagine you wrote open sea check seed round and brown
That's your road that up to 13 billion didn't get to realize any of it and I wrote it right back down now
I don't know. That's just about as bad as you could get. I mean 69 love your name
I'm after throwing it right to you. What are your thoughts on this magic?
announcement magic universe open sea
I don't even know anymore. Well, fuck. Do you really think i'm gonna talk about that dude?
You're really not doodle. Hey, if you're gonna bring it back
I've been here. Oh jalapeno. I'm not talking to tabasco drink some vinegar and show your stomach out and get ready
I'm ready motherfucker. What do you got? I got it. Just relax
I'm a fucking doodle holder. I'm a kind of long-term doodle holder. I'm an early doodle holder
I'm not the corporate vibe
Okay, so I heard austin talking on here. I've never talked to him before
I wouldn't get him on because poopy just sent him an email about me
And I don't think he's read it
But he sees he julian the ceo of doodles. Wait, how do you know they're sending emails about you? I I I I talk with poopy
Poopy listens to me. I'm a holder
I was talking shit a long time ago about the ceo julian on on his faces. I was in the
Chat or whatever talking shit and poopy dm me he's like dude when you bought 69 that was fucking dope dude
Let's talk. So we've been talking ever since
He's open poopy's fucking open to talking to his holders
Which is really fucking cool. Okay, big fucking point in this corner there because guess what he's talking to the right fucking guy right now
Okay, i'm changing the shit thread. This is the first time i've ever talked on this basis
I listen to your shit all the time. This is the first fucking time i'm i'm giving you the fucking alpha
Let's fucking go. I can speak your language. See
When when julian and austin the corporate guys, these are perfect guys, by the way to run doodles
They're fucking really corporate minded austin's like
Julian's little sidekick, but they're super fucking smart
Okay, they came too early in the doodles. They came too early because doodles isn't ready for this shit yet
But the way the speed nft's go it's fucking quick
It's fucking quick. So maybe they're not too early, but they need disruption and these guys aren't disruptive
Okay, they're not disruptive minds poopy isn't even that disruptive
So that's why he talks to me. He loves my fucking ideas
Because I am the epitome of disruption. I have underwear in my fucking head
Okay. Okay. Okay. Let me ask you this. Do you at all struggle to call him poopy like with a straight face?
I love calling him i'm calling i call him poops. I love it, dude
Fucking brand bro. Poopy's an engine poopy's an engineer. He's a great programmer fucking genius programmer
All right. So six nine six nine. So look look look. I don't get me wrong
I love a feel-good story as much talk to me guy
I love I love a founder tapping into the holders getting the alpha corporate team makes I love a good underdog story
Six nine, but let's just cut the shit. Here's what we want to know
There's two-parter. Let's get right to it one
Who the hell did doodles acquire in second? Are they dropping a token? Oh, dude
Well, first of all my my email came to poopy like three days ago
He doesn't know what i'm fucking talking about, but he knows it's fucking good because I give him fucking sweet fucking titty alpha
And he loves it, dude. So maybe it just trickled maybe that's me being
egotistical and speculative
But I don't I don't know any of that shit, dude. I'm not on the team
They're fucking the art is fuck. I'm not gonna show like this because anybody can do this
We're past the point of no return. Yeah with no shit. No, no, i'm not gonna show like everybody else
I used to work. I used to run my own quantitative trading fund out of cayman islands
I know what the fuck is up. I invested in dogecoin. I did a documentary on dogecoin in 2014
And I fucking know how this shit's going, dude
Not only am I og i'm from hollywood. I work in media and marketing. I don't feel like that's bearish. No hollywood
Well, okay. Well doodles is an entertainment company
So anyhow, yeah nftla sucks dicks. I got it, but check it out
Check it out dude. I don't give a fuck
The idea i'm bringing them
I've been thinking about for fucking like five
And it's the most disruptive thought that's ever crossed my mind
In my mind there's not real. What is it? Oh, I can't I can't tell you that's
Oh, come on. I'll give you a hint
You're gonna like the hint you're gonna like the hint
What the fuck am I supposed to do with that here?
It's a token, but it's not like any other thing
What and why is that because it's going to be built
natively from the ground up
What does that even mean natively from the ground? Isn't everything built natively from the ground up? What does that even mean 6 9?
No, it's it's its own blockchain
Okay, so you're telling me that flow
Blockchain is not doing super. Well, it's going to save the project by launching a new blockchain called. No, no
This has nothing to do with flow
This is a this is a side a side thing. They'd be doing
And it comes in the fruition fruition, dude, that's the end of it, bro
All the fucking all the fucking coins all the coins will start migrating over to this this new exchange
I don't know about that. Okay. Why would you don't know what i'm talking about?
Why would you call it poop poop chain poopy? It's puke. I know but why not poop?
puke is dope. I think puke is dope
Anyways, that's just the fucking it can be anything doesn't matter
But okay, you know, let me just say something
Because I know this is your show you talk for fucking all the time
Is I feel like you said like you you said a whole lot of nothing
But it did take a lot of words to get there 6 9 like I didn't really get any alpha from that
I'm not gonna lie gang while living in west hollywood meet with me. I'll explain it in normal terms
Okay, you have to shout shoot the shot cuz I know you talk normal in real life sometimes sometimes
We can talk normal in real life. I'm in west hollywood. I have a beer
Um, just just dm me did doodles acquire or did disney acquire doodles. Yes or no, dude
I don't know any of that shit and I don't care did I doubt it?
I've seriously doubt it went up one fucking it went up like one eth dude
Who gives a fuck that's one green candle. Everybody's fucking got boners
Like come on dude. The whole team austin's on fucking everybody jfels. They're all doing fucking they've all been lost shit zones of money
They're all in fucking yesterday. They're all in the spaces talking. I'm just sitting back going dude. That's a green little fucking candle
So doodles is long term. Did you did you feel like the team got a little bit too excited over a green candle?
Absolute fucking lukely really come on
Dude, bitcoin's gonna be crashing with the ctf
Everything's coming down with it. Y'all gotta get a grip
Like come on, dude. Does that mean we got so you sell your deals and buying back lower? Like how does that work?
I don't I don't trade I I tend not to trade. I like to invest
Okay, I spent 20 000 bucks on my doodle
For four eights four four or five eights. I am sorry to hear that six. No
I made a lot of money in bitcoin a long time ago. So i'm not a doodle there drops. I'll tell you what
Uh, listen, I just want to say something before I judge it. Okay, third guy
Yeah, I hear you talking. I hear your voice. I understand you
Listen, you're the fucking you're the fucking goat, bro
And you know it and everybody knows it and I just want to verify it
From somebody you've never talked to before. He's been in the game for a while. You're the fucking goat, but
You're so fucking young and such a whippersnapper
I've never heard someone say that unironically a whippersnapper
You're you're just relaxed dude, like we love you. You're gonna fucking do when this next bull run comes
You're a fucking superstar. I can't wait to see it. I can't wait to see it
You're not a superstar nft's fucking like a little pebble in your butt that you can't squeeze out
But what's a poop butt? It says I just click your bio. It says touch ass with a smile
What is it like poop the poop that is crazy?
All right, just i'm gonna go a bit
Follow me and dm me we're gonna have a beer in hollywood west hollywood
If you don't dude, fuck you seriously
Much love six nine. I'm not gonna lie. That was the most bullish doodles conversation i've ever had
um, shout out to you six nine and uh
I am gonna use this opportunity while we are bullet on doodles to say a few positive notes
But something else i'm bullish on which is shrapnel shrapnel is an intensely competitive triple a
Extraction shooter developed by basta an emmy award game industry veterans at neon
Strap no features high stakes skill-based play a swiss creator tools and community marketplace
Just like magic eden early access starts soon to secure your place visit
Strapno.com to pick up an extraction path and to unlock early access plus a ton of exclusive in-game content like skins
And your first playable character shout out to shrapnel for powering today's space every space this week in the entire
Month of january bongo shout out to cheeky new
Look, I want to go closing thoughts final take you just heard maybe the best
Doodles chill i've ever heard he's got to be promoted to cmo or something. I mean bongo
What what does you feel about about six nine the takes did they get acquired by disney?
Is a token coming is poop even listening to this guy or see you off this fucking rocker?
Nah, honestly, I think you should grab that beer with him
Probably not in a public place. Just go to his apartment or something and have fun. I think uh
Yeah, I think that that would be a good move and I think you let that uh, dude
You let that go for a long time, but uh, it was a good time. It was fun though
Here's a little secret though. Like I say this a lot of times someone starts talking
I don't care what the take is good bad funny hot cold numbers going up while you're talking
I'm gonna keep letting you fucking talk. Hence why i'm moving on from bongo. Just kidding. No, i'm going back to you
Uh, are we gonna talk about this btc airdrop that we had yesterday? We have not likely
There's a lot to it. There's a lot to it
This is what we're gonna do with the btc airdrop is i'm gonna i'm gonna bring you back tomorrow
I'm gonna get this english him after back
And we're gonna do some some btc deep dive in I think uh, we spent the whole space talking about his disney buying doodles
When we know damn well disney did not is not will not buy doodles plosky. What's going on?
Hey, um, I can't hear bongo so I don't know you missed nothing
But uh, I love you. I just downloaded pal world. So i'm gonna check that out
Do you want to like maybe like raise some pals together
We could like pal have a pal fight
If you tried shrapnel yet
I have not but i've heard fucking it's insane and it's it's on me like a media agenda here
But you know what I have heard is you talking positively about it plosky. Yeah, it's really good
I guess i'll join a tweeting about it as well, which I at this point if don't is talking about it
I'm not sure if it's good or bad
Um, it's sort of like the inverse game radar for me now
I like it. If he loves it. I hate it. Um, I will watch his power world review though. I mean, what do you think?
I don't think i've heard anyone say anything that negative about
Anything shrapnel is doing
But yeah trap night is really good because i've played other fortnite maps like
Like the liquid death one was terrible. Like I was kind of excited to check that out and it it was awful
Yeah, shrapnel like basically I think recreated their game in there
Like it's it's really they're on fire shrapnel also has a fucking like
The strap house which i'm trying to i'm trying to pull up to uh, you might see some some video content there
All right. Well, but look on that note. I'm rocking this motherfucker
Sorry, john. I see you in the request
Had to be on uh power though. So it's a bongo and beach deck for co-host
It's not it's a cozy. Why it's not a bongo with the tiki mute gogo plotsky
I see swag jonah who just got let up just to get rubbed on. Thank you all so much for pulling up
Thank y'all so much for supporting. I will catch you when I catch you
I will see you when I see you have a great rest of your day. Love you motherfuckers