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MAKE NFTS GREAT AGAIN (Wonky Weekly Alpha)
Recorded: May 9, 2025 Duration: 1:03:09Space Recording
Short Summary
The crypto market is witnessing a resurgence with Bitcoin surpassing $100K and Ethereum gaining momentum, while innovative projects like BZ are launching to capitalize on the growing interest in digital assets. Partnerships and community engagement are key themes, alongside concerns about trust and sustainability in emerging platforms.
Full Transcription
GM. GM. GM
Sorry for running a little bit late
I got a call right as
Oh wait, you're transferring over
Yeah, sorry for running a little late
I got a call right as this was supposed to start
Hey man, it wouldn't be wonky weekly if we didn't start late anyways it's true it is true it's like
you know usually it's usually within 10 minutes but you know that is a fact and you know hey man
i don't know it kind of feels right now i'm just saying it feels a little bit like we're waking up right
the vibes are definitely better than last week right like the vibes are 100 better than last
week vibes vibes would be in fact better you know some might even go as far as to say uh
we just saw the top of bitcoin dominance so some might say some being myself
some being myself as well you know back at this point if i can hope so um
bro it's just crazy thinking the last week right like just all the crap that's happened
the last week right like just all the crap that's happened um i'm still pissed i should have during
the space last week i should have just done that with the uh the boop during that space because i
would have claimed it before the cutoff um oh well you know hey i'll take it like it is what it is
it's going to be a nice little stimmy to be able to pump back into some
bags.
I'm planning on buying some different NFTs and some other stuff with it
also.
you know,
it's not going to say which ones until after I get it,
but I think that,
you know,
some of the ones and we're just going to talk about that the week after.
And I will say some stonks are on the list some stonks are on the list
uh because yeah they kind of hold you with the with the the whole i mean like you know i would
go so far as to say like is that allowed but you know no like is it legal to say that you're going
to give somebody one thing they do, and then midway through you?
And honestly, I'm at the point where I was going to stake half of that, like, at least, because I actually thought there was some cool upside with what they were doing.
I really liked the platform UI, the UX.
UI, the UX, it was clean, fast, you know, obviously expensive on the front end, but like
same time thought there was a lot of upside with it. And I thought it'd be cool to be able to have
exposure if there were any runners on it, kind of like what's happening unironically with the arena
right now, how it's had a few coins that are taking off and actually doing better than any
boop coins. Just thought it'd be nice to have that exposure
and you know end of the day like is what it is so it's still a nice little stimmy but it just
kind of i think broke my trust with wanting to do that and at this point i'm like i'll probably
just end up dumping all of it because it's like you know if you're gonna break the trust how can you trust them later right so like you know i say you should have dumped it either way i mean every single
airdrop is a liquidity event every single like i don't remember the last airdrop that was actually
worth holding like for an extended period of time i really don't i mean i hope for you know a lot of
you know my buddies i mean everybody will point to like hype but i mean you can even look right now
there are some airdrops that i think are starting where it's like initially maybe it's not the best
idea to hold it but there's some exposed like upside to holding it for instance cato
right where cato you could argue if by holding it that, you know, you got certain returns and other airdrops via holding it during that period where the price of the coin itself went down for a stretch, but you were getting paid with other stimmies.
And by the time that, you know, look at it right now, it's starting to pump back closer to where it is.
So I do think that there are some events where it's worth it like that. And that's kind of what
I saw, like the potential for what a boop could be, where it'd be like, okay, I don't expect these
coins that are in here to like necessarily perform incredibly well, but they could give me some
upside exposure by being staked early to some APY from like different coins that graduate.
But now I'm like, the entire trust of all that is lost.
And I just, I think it's going to take a while if they're, if ever for them to repair that.
So, you know, anyway, like that's a complete side quest point being though, that felt like
a journey in and of itself.
Um, you know, I get it, dude.
Like I just take 25 K worth of wormhole.
Right. you know like i i get it dude like i i staked 25k worth of wormhole right to i think get um fuck i don't even i don't even know anymore i was so long ago i don't even know what i
like monad maybe that i staked wormhole for uh potentially i'm down like fucking 80 percent
um same thing with dim earlier you know last year you that was supposed to be you know
steak oh you'll get all these other airdrops yeah i think i got one airdrop where it's like
a fucking ham and cheese sandwich and that was about it um yeah i'm not like
the only other ones that i think i've done like decently well is hype hype.
Yeah. I mean, I did really, really well. That was like,
and that's, that's an outlier, right?
You know, you can honestly,
you could look at the arena for its price track record.
Like it's held up relatively well for, you know,
just the duration of unlocks that they've had.
I still haven't even claimed my arena airdrop.
Not even started the process you know point being though i think you're right the majority of the time it's safer to just sell early and you know but anyway like so there's that there there's some
coins like the id thing man that is that was launched from the arena i'm pissed about because when it first came
out i bought up like 1.8 percent of the supply because i saw that and i did that before it
graduated because i saw russell klein was the one that launched it and i was just like they're
scanning and there weren't any bots to pick anything up yet so i bought a decent amount
and i could have bought even more but i didn't want to be that guy. Right. Like I felt like that was a fair stake.
And, you know, it kind of I just ended up scaling my way out after it hit that one point six mil mark.
And I was like, well, things look like they're calming down, whatever.
And I got out of it. And next thing you know, I checked the next day and it's up to like two mil.
And I'm like, shit, it's about day and it's up to like two mil.
And I'm like, shit, it's about bounced back from 300k to two mil.
And I ended up buying back like less, you know, shoot, about 25% of what I had.
And I bought it back for like 10 times as much.
So anyway, like, but then I've written it for another four or five X from there.
So it's like, you know, there are certain things like that that are starting to happen again. I haven't seen in a long time. You know, we're seeing alts just start to pump left and right
again, right? Like, you know, Pingu has been ripping. You've got, you know, Bitcoin's obviously back over 100K.
ETH is finally alive. ETH BTC back above 0.02.
And it just feels like all the alts are going with it.
Oh, no, no. I have been unabashedly saying that the ETH macro bottom's in for a while.
I've said it. And I'll stick to stick to it like it is what it is if i
didn't make it go lower before i ain't gonna make it go lower now it's going up so um yeah
all right we've got shanice i'm pretty sure i pronounced that right it's shanice not shanna's
right or do you just go by legend legend Dude, legend. Legend. You said it perfectly.
How you doing, Kaleo?
Doing well.
How about yourself?
I'm good.
I hope I said your name right.
Hey, that's actually how I pronounce it.
I mean, at the end of the day, though, I don't know why I'm so particular about it because it's not even, you know, my real name.
It's not like it's Shanice.
I'm assuming Shanice is your real name.
Yes, sir.
Kaleo is just a pseudonym.
So I don't get that upset about people mispronouncing.
I get it.
Read it phonetically if you want.
So anything works.
I never changed it from 2009, and I guess I'm the loser that kept their real name on the internet.
But super, super excited to be up here.
I appreciate you letting me on.
Congratulations on all the cool stuff you got going on.
I saw you become the new Sui ambassador.
I thought that was an amazing pickup on there
and definitely can't wait to see those updates from Sui.
I'm super, super Sui fan, super bullish from like 20, 30 cents,
but more than ever now, obviously not just price,
but like just the the building all the new
the new dApps on it all the new i like all the actual known ip coming to it just all around
great vibes so big w big w yeah i appreciate that okay that's another one i forgot about which i
mean honestly really excited about too and i appreciate you bringing that up because I, I, I like, I've been talking with them
for a couple months and I'd been dabbling around in the ecosystem and I just hadn't really,
you know, been at the point where I was comfortable pulling the trigger yet,
but it's just one of those things where the more that I saw out of the different brands that they
were partnering with, for instance, like the
Klaino's, right?
Really respectable brand on Solana as far as the NFT space.
Pudgies, same thing with ETH, right?
And I guess you can kind of even bridge that over a little bit with the Pingu side for
Solana too, right?
So like, you know, point being cross-chain community memberships with established communities,
but more than that, right?
Like, you know, they've got cool dApps on chain.
They've obviously had a lot of momentum.
And if there's something that I learned from Seoul last cycle, if you've got a runner like that, a lot of the times it just continues to run harder, right?
Like a lot of people wait for other things to catch up when the reality of it is early moving ecos oftentimes run, continue to run the hardest whenever, whenever the bull market really picks up.
And then, oh yeah, I forgot to mention the Pokemon side of it too, where, you know, you've got those rumors, which I'm pretty sure are decently substantiated that are swirling around.
that are swirling around. Then on top of that, you've got like, whenever I, what really pushed
me over the edge was the other day when I made the NFT tweet, because I really wasn't expecting
too much from people to actually come and reply and engage. And it was the first time that I
really dug around to their NFT trenches. And I was really impressed because like one, there was a
decent amount of volume actually happening.
You could see a decent amount of price action.
It's like this little mini baby beginning,
like I want to be careful here,
beginning of a bull market
because they actually had some collections
that were performing well.
The reasonably price kind of felt like
the early sole NFT days,
but like really plugged in with that.
So, you know, again, just gave me confidence that solid, solid L1, like good tech and, you know, a lot of stuff happening there.
So I'm excited about it.
Speaking of Pokemon, have you heard of BZ?
BZ? No, I haven't.
All right, brother, I'm going to put you on.
It's basically on-chain RWAs, so Pokemon, one-piece, sneakers,
and you're making royalties for life on all your sales.
That's it.
That's the pitch.
And we have a gamified sector where you can play a claw machine,
have like $30 one, $25 one.
You can get like a graded 10, you know, Pikachu,
somebody just hit like a $300 card the other day, and basically get your swap instantly,
or, you know, keep the card. So, make an account, I'll send you a free play if you're into that
stuff. What is it on? It's on flow at the moment, and, mean we're we have relay so you basically can use any
coin of your of your flavor of your liking pingu anime ape coin east whatever you want
okay i'll check it out i uh appreciate bringing up i like to explore you know cool things from
people that are plugged in and you know continuously showing up and active in the
space so um i definitely will it's So, what is your role with them?
I've been helping the business development and the marketing side for about 12, 13 months. And,
I mean, obviously, I'm biased. But even aside from kind of coming on and representing, I think
anybody could agree, like, working with a team longer than a few months in the space
means a couple of good things.
One, that the team knows what they're doing.
And two, growth, right?
I think it's important to really care about the people
you're working alongside, alongside your actual customers
and your users.
And so that's what made me stay.
I'm pretty picky when it comes to aligning myself
and meeting the founders, seeing their vision and all the things they put into it,
put their money with their mouth, this type of vibe, made me want to go all in in helping it.
A lot of copycats have came. I mean, it is what it is, but we got a patent pending contract where
we do a lot of things a certain way and are very transparent
that I actually haven't seen as ... That's one thing for sure that even before coming
on board, I was like, okay, they're super overly transparent where storages and things
of that nature. That's huge when it comes to collectibles and things. I mean, we all
saw the StockX buying people, buying fake things for years, didn't even know. So, yeah, kind of solving a lot of those like Web2 issues using blockchain technology.
That's awesome.
You know, it's one of the things I'm excited about this cycle are some more applications of some of this tech as far as, you know, especially with the collectible side with NFTs.
I think the obvious next step for evolution of it for this space
that a lot of people brought up last cycle,
but there just weren't a lot of apps or dApps for it,
or just integrating into real use cases for it within some type of app.
There were some that were out there but i i think
there's definitely still an opportunity for finding just a few real viral mainstream ones
so i'll definitely check it out appreciate you bringing that up um and you know, I got to ask you, since you're up here, you have any stonks?
Do I have any stonks?
Have you heard of the stonks?
No, I actually have.
It's funny because I love how you branded it. And because that's just been I've been I mean, I've been trading for years.
So I love how you just that's just beautiful.
I love that.
Now, what's up?
Where's the, where can I buy one?
I mean, just on OpenSea.
I linked it underneath there.
I mean, OpenSea, Blur, anywhere else.
It's an ETH.
Yeah.
Yeah.
I mean, here, give me a second.
I'll pin the OpenSea link up there.
My God.
Yo, I appreciate that.
You're the reason I'm going to be using OpenSea.
Well, I mean, I only did it.
I only pinned OpenSea. I pinned Blur typically.
But recently I'm like, I actually think OpenSea Pro is a more complete product than Blur.
And you actually farm some points now when you're doing it versus, you know.
So I think the meta is kind of shifting for using it a little bit more versus uh
yeah wait so you're telling me we only get to farm points on openc pro
do you know what else do you get a farm i have no idea how it works bways might be able to speak
to it but i doubt it because bways is more mr btc to tell you what to do. And yeah, I don't know. By the way,
Shanice, you're struggling to connect, I think. Okay, you might be back. If you're back,
you might have to exit and come or can't do it. Might have to exit and come back in,
but I think you're good. Okay, I think we got you back up here uh yeah so anyway i mean stonks are you know my collection
dropped as the oh shoot shoot we lost her i'll still talk about it you can come back up here
in a minute if you want you'll probably have to exit completely and come back in to be able to
speak um but yeah wonky stonks were just a generative freeman that my buddy and I dropped in 2021. Just wanted to be kind of doesn't necessarily need, you know, quote unquote upgrades.
It doesn't need utility.
It is just what it is, right?
Like people appreciate it.
And I think that charts are something that naturally resonate with people.
So it's all completely generative price action,
generative on the color scheme, everything else too.
And, you know, it's really cool how it ends up reflecting
like what you see with real price action, you know, on real charts.
And I think there's an emotional side of that from somebody that has a trading background.
And now at this point, I think it just has a provenance of being around for, you know, it's coming up on four years for the collection. I think there's something cool with that as far as just the historical side of it with when it was released as being one of the first major Freemans, um, that,
you know, I, I, again, I'm, I'm bullish on it, on the community, everything else. Um,
you know, so one way or another, like regardless of where the price is, we're here.
We'll keep showing up.
So it's been fun.
That's kind of the basic background.
You know, like there have been a little bit of movement today.
Roostered, not going to take too much to really get things moving again.
I mean, I think, again, all it takes, you see little days like today and things get, it moves fast.
And I will say this, after I get my freaking, I don't care what the poop airdrop is,
one way or another, however many stocks are left under .1 won't be there by the end of the weekend.
So, you know, you've got your opportunity.
So, okay, that's the spiel.
For anybody.
My boy.
What's poppin'? Yo, what's up?
Hope you can hear me.
I'm walking around Florence, actually.
Just got here.
And from Rome.
It would be interesting for Calio.
I arrived in rome the
date of the pope died and then left the day after the new one was coincidence or any of
that's the right word i think not but yeah it was interesting uh interesting times but yeah on the
on the nft side wonky songs i think like if you look back like two weeks they were like 90 bucks
or 100 bucks like us dollars toilet paper right but now with the send like we're at 200 bucks right essentially
i think that's the kind of effect that we're going to see more now in the
nft space especially originating on eth i think that people start feeling better right it's like
it's a it's a meaningful double whammy for some of these uh more og collections that still have
communities like the price of eth is mooning in a way, and the strongest NFTs are going up as well in ETH.
So yeah, that's the kind of effect that I've been looking forward to for a while,
but it only really could start when ETH made its move.
So it's been really nice to see that over the last, whatever, 48 hours.
It went so fast.
And I really think that ETH NFTs are the start,
are still the harbinger for NFTs overall.
Also on other chains that you might be looking at.
So yeah, I think this ETH move was super, super important.
And glad to see the vibes in that ETH NFT eco coming back.
In stongs, but also in other places.
Some good performance.
And I think ultimately, like punks, man.
Like if punks thrive and see volume and headlines,
like today going over 100K US dollar floor price,
I mean, that's like the stuff that we need for the market, I think.
So yeah, super exciting.
Like can't say anything bad about the past couple of days, man,
couple of days man across the whole uh crypto eco and yeah like i need to pick up maybe some uh
across the whole crypto eco.
some ether nfts it's been a while i think the only ones i've really picked up are stonks
occasionally you know just dcaing stonks and maybe one or two other things in the past year
but otherwise it's been mostly indeed on the bitcoin side but uh i think it's important to
keep an eye on the east side as well, where I think most of the action is happening.
Yeah, and I brought this up the other day.
I definitely need to at least add a couple pieces on the Bitcoin side.
I really do.
So that's an objective of mine.
Sometime, hopefully, in the next month is just adding a couple, adding, adding a couple collections and just getting
my feet wet, right?
Like, you know, maybe not aping full port, but just, I think it's too important of a
sector to not really have exposure to that community, right?
And if nothing else, just from the community side side i think that by having exposure to it a
little bit that it plugs you a lot more into what's happening day to day and what's happening
day to day having a pulse on it is where you really see where the trends are happening and
spotting the opportunities you know for those trends getting hot before they really get to that point, right?
So, yeah, it's the best way to learn, too. So, I don't know, we'll see. Whenever I figure out,
like, my budget and what I'm looking at, I'm, you know, I'm going to be consulting you as the
first person for what are the best pieces to pick up?
Yeah, I think it's a good idea.
It's a good time.
It's like ordinals have gone through a long, long way down,
essentially, for the last, I don't know, year?
Sorry, one sec.
It's like Italians on scooters, as you can imagine.
It's like classic.
Yeah, we've gone through a long drawdown for, like, whatever, a year.
I don't even know how long, but pretty much down only for a long time.
And so I think, you know, it's kind of been this whole phase where the people that don't really believe and were there for maybe the wrong reasons, quote unquote, you know, that they have been leaving.
And I think really only the, mainly the believers really stick around.
But it needs to kind of still get that spark and to really kind of get the vibes
back so i think it's starting a little bit of the last couple weeks in the ordinal's eco but it still
has this kind of you know reputation damage maybe in a sense you know like people looking at the
charts and they're like well this stuff has died which i absolutely do not believe so i think as
soon as prices start moving up a little bit it becomes this classic self-fulfilling prophecy as
well so uh yeah i think it's a good time to take a look at ordinals but if you look at like a top nfts in terms of where maybe the
higher value pieces will be obviously eth right it has all the history and and a lot of the historic
pieces if not all of the historic pieces but also i think just maybe naturally bitcoin as well so
i think those are the two places maybe for the high value type NFTs with some exceptions
in other chains.
I'm sure Sui will do super cool stuff as well.
But yeah, I think we talked about it maybe last week that if you do go to Bitcoin, I
would really only go for the not so cheap pieces.
Just because of the fees, it's just not worth to transact on the super low end.
On Bitcoin, there's better places for that, you know.
So yeah, I'm happy to help whenever you're ready and get the check, the bag.
Yeah, that makes sense.
Honestly, what I would probably do is I'd probably just stick to a floor of a legit collection, right?
Like, you know, OMBs, for instance, right now,
I think are still relatively cheap. I don't want to say cheap, but I think relatively cheap,
right? Because in terms of four NFT price or NFTs, you know, it's still flex. I don't know,
but is it back to where it was the half BTCc plus for the floor no like it's down significantly i
think what they're sitting around 0.04 or something i'm not mistaken uh yeah it's 0.021 i think for
the depends a bit on the eye colors and stuff but well shoot i mean honestly yeah they're definitely
down bad for ombs that's cheap right like for what I think they will be um so that's an example of one node monks right probably another that I see a hard time
coming back or not you know not making a comeback um you know so I like another thing I did scooped up within the AVAX eco, I scooped up some some of Pythos, no Chili's.
Right. Like, I think, again, if you're looking at stuff that's trended there, that's the one I feel most confident in.
So, you know, like and relatively, those are pretty cheap, but all AVAX NFTs are super cheap.
So, you know, wanted to support Pytho and those guys and grab a bag.
I might even grab a few more just for the culture.
So, yeah, my next target is SWE NFTs.
And I know Duny's are one of the projects that I got sent randomly.
Somebody sent me a Duny. So I see a couple guys that are up here the projects that I got sent randomly somebody sent me a dunie
so I see a couple guys that are up here on stage I'll I'll let y'all introduce yourselves
what's up Kaleo
how's it going uh it's wonderful man uh sorry for the background noise of the birds
dude it's a beautiful background noise yeah thanks, thanks, man. It's my lunch ritual
now. If I don't get out here and take some
sun in, I'll just be a
shut-in, so I gotta come out here
every day at lunchtime.
Hey,
so welcome to SWE, man. I saw
a post yesterday officially taking some announcement
partnership with SWE
Network, and just
you know, it's cool to have you around
and cool to have you into three nfts man if you have any questions about dunies or any other nfts
and we're out here supporting everybody so uh feel free to hit me up on it man will do man okay i
got a question for you um unbiased opinion so on sweet right like I saw there are a few collections kind of that feel a little bit newer
around your price range that have like a higher, you know,
a higher item or supply, I should say,
that I think are all fairly obvious.
I want to scoop some of those because, you know,
it's pretty easy to do so if you were going
to scoop you know rank like the top three grails in the sui ecosystem that are just the biggest
flex that you would say do that this now i'm confident these are going to be around
like how would you rank them i think uh the og of like grails would definitely be the legacy dsls like you can hear
on all the whale chatter um bids and bets on the markets of having to be forced to buy someone a
dsl um it's definitely a flex these dudes run around they're typically big fat bag holders
uh some of them even running uh funds for sweet and holding one of those is pretty key.
So they're out there.
Very small supply.
You said a DSL?
Yeah, legacy DSL.
Is that the 222 collection?
Yeah, yeah, yeah.
A little pricey.
So it kind of goes outside of your form of higher supply affordability.
But to your question from OG status if you cop your
hands on one of those you're kind of on the inside so to speak there's the
private community private discord strictly for the DSL so I can tell you
there's a lot of whales in that chat the sloths aren't suey right? That's a, they did the sloth.
I'm not sure what they did.
I know that there is the De Sui Labs.
They're similar in art.
I don't know if there's a connection,
but I can connect you to a few folks that are part of the community that you probably would love to meet out here in Sui that are always moving and shaking.
And then of course, I'm going to call myself a grail.
We launched, what, a month ago at a five SWE floor price.
That was around $2.
We timed a bottom of the market, but it's a 1,400% upside on the USD right now for our holders.
And we're not even shipping product just yet.
So we got a huge inventory.
But we're new.
We're newer.
Puggies, I really support Smurf and what he's doing.
Puggies, you know, they're kind of coming up with their own IP.
And he's just, you know, he's a whale out here as well.
And he's, you know, he's here every day,
supports everybody in the community as much as possible.
And so he's somebody, you know, we're talking about treasury swaps right now and how we can support each other as a community.
Prime Masters of Robots are just like, you know, obviously, those are, you know, everyone knows about Prime.
So if you want one, there's, you know, there are cool set up to those.
If you can catch a blank, you pay a few extra dollars in specific tokens.
You can change its color, it's dynamic, and then you can submit it for a custom.
I think there's like a three to four month wait list.
You might be able to slide in there, but the artist will completely render you a custom piece.
But again, those are on the pricier side.
Their floor price was at $4.20 or higher, like a week and a half ago.
You can check the floor.
So they've come down quite a bit.
But they are also kind of in preparation for that USD or that sweet price.
So I think they're probably in tow.
Which one was that?
I'm sorry, I got rugged from got rugged from like i don't know who knows how
long the space is gonna last because i've got it live but for some reason it has connection issues
from the kaleo account so i got on the desktop and hopped on this um so i missed what you said
that collection was at the beginning as i was trying to get that connection set up for this account okay uh that's okay it's all good uh we caught you caught the conversation about legacy
right yeah yeah i caught the legacy side so i didn't know if that was the one you were talking
about i know you brought up that yours was doing really well um whenever it launched and then um
you know i didn't know if you were still talking about the dunies or if there's something else
you brought up too no yeah i moved on to two different ones.
All good, man.
Puggies for sure.
They just launched like a week ago.
Great volume on the chart.
Good art.
A good, great founder.
Sweet ambassador, I believe.
Um, who's, uh, who's, who's, um, who's stacked pretty deep out here.
So, um, you know, we were talking about treasury swaps recently and, and, and, and kind of a
collaboration.
So I support them. So shout out to them. So, you know, we were talking about treasury swaps recently and kind of a collaboration.
So I support them.
So shout out to them.
You know, I brought up the Mashens.
Obviously, you're kind of a staple out here.
As Katara, the founder, says he calls it the robot chain.
So, you know, he's obviously super bullish on himself.
And there's a lot of holders out here.
So the Awakening is new.
I really like these dudes.
They minted three weeks ago.
Older group, kind of my age. Smaller collection. Their floor price has been growing, but they are always cooking in the Discord, always trying to help the community. And I think, you know,
from a community perspective, I think they're, you know, up there with Puggies and myself
at the Doonies. And some other ones they kind of stretch out I haven't got involved in
some of the other communities. Tally's which is part of an AI play out here you
know their floor prices done well. The carrier ones they just launched pigeons
they're pretty cool. You know I think and there's a lot of collections if you'll
notice through TradePort that have kind of just died off over the time.
It wasn't a big community groundswell behind them, or for whatever reason, they haven't really succeeded well.
So, yeah.
Awesome, man.
Well, I appreciate you sharing that.
Because, yeah, you know, sometime hopefully in the next week, I think i'm gonna do do some shopping on there
got some stuff that should you know free up and i want to you know i think the best way of getting
plugged into a new eco it's not just saying that like hey i'm part of this and i'm an ambassador
and want to work with them whatever I personally think like
NFTs are the best way to show that you're really getting plugged in early like outside of that
unless there's some other type of SoFi dApp something else that you really can get plugged
into right like you got to find a way where you're actually showing that and from there as crazy as
it sounds and like this is one of the reasons why I'm so bullish on NFTs
versus just memes or whatever else,
or even just owning the coin of like a good dApp,
like say that you're investing in Wall with Walrus
where it's a cool dApp and whatever else.
Like if you're just buying Wall token,
you're not really getting plugged into a community per se
that I think is on the same level of diversity as,
say, buying some Doonies and plugging with the guys there that then can introduce you to a whole
variety of various projects within the eco that you then can get rooted in and kind of spread out
a lot easier. So that's why, like, first thing I really want to do is just get plugged into some
of these different communities. Absolutely. I think you nailed it on the head. A lot of the
communities you see out here are actually producing more than just art for art's sake,
more than just the PFP. And I'm bullish, you know, I've been in the space for over a decade.
So I'm always bullish on people that are building and trying to create something specific or unique to the community, but also for an ecosystem, whether it be an L1 or a product line or in DeFi or in something.
And it's cool to see their contributions.
And dude, shout out to the Dunies.
When you come together as a community, as loud and as aggressive, I guess.
I don't know if that's the right word,
but just cult-like.
There's a lot that you get accomplished.
There's a lot you learn.
The network grows.
And I think being bullish on those communities
will really tap you into an ecosystem,
you know, just bit by bit.
And then finally, you're kind of onboarded
relatively well just by tapping in.
Yeah, you know, so hey, that's the goal coming up.
I'm excited about it.
You know, I was really impressed by just the level of engagement
there was across the community coming into it.
You know, and hey, I'll say this too.
If you don't have any stocks, you know,
I'm not sure how people in the SWE ecosystem feel about
ETH. I think it's probably pretty similar to just about every other all L1 where everybody kind of,
you know, everybody likes to shit on ETH. But at the same time, I think everybody also respects
ETH's place with where it is and what it can do if it's awake and everybody wants ETH to
do well because it you know if ETH's doing well everything's doing well right like but it just
is kind of the butt of the joke especially for an ego that is has been outperforming btc for an extended duration when you're talking about something
like sweet but again i think one of those things that when you really look at the root the heart
of where bway's brought this up right like bway's core community member with the stonks that just
you know has gone headfirst into the ordinals community really really bullish on
everything bitcoin um and you know even he will say he's like man you know stonks are one of my
homes and he's like no it is regardless of how much i'm bullish on bitcoin he's like i want
eth nftTs to do well
because he's like, I think that's where the reawakening,
the true reawakening for the space is going to happen.
Because for instance, when ETH NFTs blow up,
like if SWE NFTs have already been performing well,
you know how much better they perform, right?
Like during that stretch.
So it's one of those things when the the top eats you know everybody else
does too um all that to say like you know if you're into art and you collect eat that fts at all
you got to stack some stocks they're free um I mean they're basically free they're like 0.09 right now um for now
free yeah man you know it's basically free always free
um but yeah you know and been around since late 2021 but dude i think everybody is just ready i i like everybody's in
the same spot right now where we're all just ready to see like nfts are more fun yeah i tweeted this
out nfts are more fun than memes trading them like maybe you can't do it with as much volume
maybe you can't do it with as much size but as as a whole, like we need to make NFTs great again.
You know, I'm a little bit chain agnostic.
I actually really my goal right now while everybody thinks they're dead
is to just go across all the major chains and just start scooping some of their major
collections while they're cheap, because I know there's going to be.
It's not like I believe.
It's not I think.
It's not, oh, there's a chance.
I know there's going to be another NFT season,
and I know it's going to be much larger than the first one that we saw.
It's just a matter of when, and the time to scoop NFTs,
if you miss even just a day, right?
Like, you could miss a 40, 50% entry opportunity, right?
Like, because the way that people complain about them being illiquid is also, like, what
makes them so tantalizing for the upside, right?
Like, the way they trade trade the way they collect the community
they foster um yeah i i don't know man i'm hyped just thinking about it so anyway like now is the
time to do it because it's gonna happen yeah i'm in the same boat man uh i'm out here supporting
as many of the NFT communities as I can
and making sure that not only our treasury has some,
but I'm holding some for myself.
Because if you study Raoul Paul at all and his thesis on the markets,
which is spot on, just like you said,
the banana zone, as he calls it, is peak 2021 vibes.
And I think positioning yourself now, be ready for it, is coming.
And it's, yeah, I don't, I just know it.
I know it's going to come.
It's here.
It's very close.
So it's, and it's a lot of fun, dude.
I'd rather have to buy cool JPEGs, monkey pictures,
and play with magic internet money and have funds with, you know,
community than worry about who sold what and what bag um and uh and see what we can do as a community
to build i think that's uh the coolest part about it amen man um rooster what about you man what are
what are you really looking for right now for the reawakening what do you think it's it's going to
take when do you think it's going to hit are you just kind of right now you the reawakening what do you think it's it's going to take when do you think
it's going to hit are you just kind of right now you know still in that same mindset you got you
got your bags you're coasting and when it happens it happens yeah I mean I'm kind of definitely
leaning more towards the ladder um at that part I mean with nfts it's uh it's actually really easy to end up over trading and like you're saying you know i
mean you said 50 move in a day you could see that in an hour or even less you know we're talking
minutes seconds depending on when sweeps happen on nfts i mean they they happen quick and uh you
know my thesis hasn't really wavered on the pieces that I've bought.
I'm kind of I'm still in the boat of like, you know, I'm not really jumping to buy anything new at the moment.
It's funny, actually. I linked up with Kloss the other day and we're talking about this for, you know, for a couple hours and we're both kind of on the, you know, the same mindset.
And he was, you know, a little bit more on the, I don't know what his position would be with PA now, I guess, like CEO, not technically founder.
point of view i like you know how tough it is to turn ta back around as a founder um or you know
as the lead of the project at the moment uh but yeah no i'm kind of just sitting on my bags i
haven't really bought anything as far as uh nfts go um at the moment i'm a you know community
member of way too many projects at this point.
Some NFTs, I don't even know how to find the wallet that I got them on.
So, yeah, you know, for me, it's a wait and see with NFTs right now.
The majority of what I'm doing in this current market is just still in the trenches with the boys clicking buttons.
market is just still in the trenches with the boys clicking buttons and um you know trying to bag
you know the next hundred thousand x runners because opportunities everywhere um so yeah
nfts i don't really you know do much of rather than sit on you know hopefully get some airdrops
and stuff i'm more actively participating in,
you know, the coin ecosystem.
Nah, I, yeah, I am.
No, I get it, man.
I think it's one of those things,
if you're positioned then,
and you feel like you have ample exposure,
then, you know, the cool part about NFTs are you're not gonna get you feel like you you have ample exposure then you know the cool
part about nfts are you're not going to get liquidated in the meantime you're you can just
chill you've got the community to backdrop on and a lot of the times it plugs you in
to opportunities like spotting the runners you know in the trenches and stuff like that so
um i don't know one way or another i RKTF or whatever the fuck, didn't they lose?
Didn't they even get run?
If you're dead communities.
They don't even have their IFPS anymore.
Their NFT show up is literally nothing now.
But yes, unless you are them, you, for the most part,
should still at least have your picture.
RIP. you for the most part should still at least have your picture uh r.i.p um r.i.p to them that's i like how do you not pay the 20 bucks a month or whatever or you know whatever the fee is i forget what it, but it's like basically free for the revenue they generated.
Like, you know, I think you can pay X amount of years and it's just stupid when you look at it.
Like, I don't know, man, that's that one will still blow my mind.
The fact that happened at all.
Yeah, I mean, I think they're trying to make more of a
not that they couldn't or wouldn't pay it,
but more of a statement like
we no longer believe in NFTs
anymore and this is what can happen
to your JPEG when they don't
believe in NFTs anymore. They just
yoinks that shit.
Yoink. yoink hey didn't didn't doodles just drop again to their uh to their community again i've seen a
bunch of things talking about people get i think that people are getting like roughly
like half an e of uh an airdrop per per doodle that they had this morning i don't know i
i woke up right before spaces so i didn't really have time to catch up on
you know what had happened i didn't see that i think it tanked uh i was also
it definitely pooped so it happened it happened to the first like three people that climbed it
and sold it there was a good trade a good trade was liquidating that for
some claw plays on bz but the boop did you hear about the boop changes kalio the the airdrop
changes oh we were talking about that earlier i i'm pissed like i'm just gonna dump my boop now
as soon as i claim it i'm i've like i've decided i'm i'm just like i'm being honest so you're able
to still claim you You had already claimed.
So did any allocation?
I had not.
I was the next person eligible to claim.
Oh, got it.
So I get a claim tomorrow, but yeah, they just rugged me of, and here's the deal.
I actually, I liked the initiative going into it.
If that was what was announced, i still probably would have done it but
here's why i don't like it now because it doesn't reward the people that like gambled on it initially
right for the token all it does now is it gambles farmers that are going in and buying large chunks
of these tokens that really makes them undesirable to trade at all because they're doing it on a percentage basis for how much you own
and they are then rewarding them for holding it it'll be insta dump as soon as the collecting
happens and you know of course not only are they going to insta dump the tokens that they bought
to claim boop they're also going to insta dump the boop too. Right? So like, I actually think it adds to the cell pressure that they're trying to
mitigate and at the same time they broke trust for the people.
And that's the bigger thing to me is like, you say you're going to do one thing,
you do it right.
Like you can, maybe, I think it would be reasonable to say, Hey, for the future
people claiming, here's what we're going to do.
But to midway through get people to do something and then change it on them. It's
stupid. So like, that's my thing. You know, again, I'm still, I feel fortunate that I'm getting a
decent stimmy. I wasn't expecting it at all. Like a week ago, I didn't know it, you know, a little
over a week ago, didn't know it existed. So i don't want to act like i'm not grateful for the opportunity but like as far as the belief
in the platform itself right like i was i was up front that i wanted i wanted to claim the airdrop
if i've got the opportunity to claim the airdrop i'm gonna do it like it didn't make sense not to
um so i swear he probably you know i mean walking you walk in like every
single step of the way and he probably saw your tweets and was like well but i even shared on
there i was planning on staking the shit probably didn't read that part it probably got halfway
down and was like hey yo we gotta i know else was. But I think the majority of people were not even saying that, to be honest.
I think majority of people.
But you could look.
It wasn't the majority of people were saying anything, Rooster.
I think it's what the majority of people had already done.
And if you look through, like I traced through some of the wallets of different, like larger accounts that had claimed.
They all instant dumped nearly 100%, like something percent and just massive clips but the chart absorbed it because again you look
at it like I don't know I we'll see man but I I just I think that it hurting trust like that is huge um i really like the ui ux whatever but if you're gonna hurt
trust that's where it just i don't know it's not it's not right because even looking at it i had
50 of the supply in the dev wallet i burned it out of good faith because i'm like i'm not gonna
sell this crap i'm only here to claim the airdrop and do whatever. So I'm going to just burn it.
If y'all want it, you know, it's a trade, do whatever you want with it.
But I burned it.
Had I kept that 50%, you know, that was an extra 30 grand in my pocket that I could have done.
But like out of good faith, I got rid of it.
But because they changed the dynamics midway through, right?
Like, can I go back and redeem that supply that i burned that i was
trying to do good with no right so it's it's a little bit frustrating but at the same time
you know again don't want to act like i'm not grateful because dude it's an insane amount of
money to just get for doing literally nothing practically but you know from the platform
perspective itself
they broke a lot of trust at a top level that i just think is going to be tough to come back from
i don't know i want to hear your your thoughts shanice because
you know i i'm not sure i think that you may or may not have launched something on like you know
had an airdrop yo can y'all hear me i got you okay what about you rooster
what's your thought like am i crazy to feel the way i'm feeling like about that because i
i don't know i the more i've thought through it the more i'm just
like it that really was pretty scummy no you're no not at all you're absolutely entitled to feel
exactly how you're feeling about it especially being next up in line i mean that yeah that
would actually that that would really piss me off it feel a little bit more targeted then
yeah because if you scroll through go to the boop leaderboard and scroll through it i'm literally the next one in line to be able to claim it so and again the majority of people that
bought whatever token i had after that the reasoning behind them doing it was that they want to claim a certain percentage of that airdrop.
Like it's that simple.
It's for nothing else.
It's not a healthy mechanism that's going to keep these tokens afloat.
It's not going to inspire people to like really run with these.
And guess what?
In the process, they killed their best marketing strategy
to bring new people on to like get runners on the platform so it's like i think the issue with like
a lot of these new protocols that um you know end up launching and they have like a really really
quick run in the wind is i i think their whole whole play is to hopefully like grab enough attention initially
to reach like you know parabolic escape velocity that it kind of just that it overshadows
you know how everything works right and you know hopefully the negative effects on that will
you know kind of just be look past and just the escape velocity of doing well is going to carry them forward.
And they end up catering to farmers to do that.
You know, they want to get as much liquidity, as much activity, as many transactions, as many coins as possible, you know, to kind of just try and drown out everything else.
Right. Like if eight out of the 10 tokens you see launching are BOOP tokens, right?
Like it was the, you know, pretty much only the first half day that the platform launched.
You know, that is going to bring in a little bit more attention,
but it's not sustainable at all.
And then, you know, they get their initial
bag and they kind of just, you know, cater more towards farmers and liquidity, you know, and then
once activity starts going down, you know, then they, you know, switch it up again. They're like,
how do we get, you know, a little bit more liquidity? How do we get people to start buying
more of these tokens? And I think it's, I don't think it's the right play for these new protocols to cater to farmers.
And you only have like a few people that end up eating on it, right?
Like the way you get active users is, you know, a couple ways.
Like making it fun for everybody, right?
Right. Like if it's fun, people are going to play around, even if it's not with a lot of money or, you know, majority of everything in the ecosystem just keeps going up because that's the tech that everybody wants.
Like if it's fun, people are going to play around, even if it's not with a lot of money.
The number go up. And, you know, if that doesn't happen, you know, quickly dies and people move on to the next new shiny thing.
So it's almost like it seems like they're already grasping at straws to hopefully save and keep a little bit of a even looking at right now like one of their incentives they've got the daily grad reward pot so if you're
a farmer right now and you're looking at this there are two graduated colts set to receive
500 000 boop each what you could easily easily do to graduate it doesn't cost that much to be able
to graduate a token right especially if you buy 50 of the supply of it right off the bat, you know, you can, you know, pump a couple
thousand extra bucks in it and you've got that thing graduated, right? The reward right now for
those two, because there are only two of them is 500,000. That's 80 grand worth of boop now granted there'll probably be a few more but you
can just look again that is very easily farmable if I'm making any sense at all a good farmer
looks at that from an extractive point of view they should I don't know if many people are but
that'd be a very easy game to be able to look at from a
cost perspective just even spin up an alt account put a little bit of cash in there start doing that
and like launch these and graduate them right before the cutoff graduate a couple of them and
claim part of that pot like you know the it's very extractive from that perspective as well, right?
Like, so you're looking at that.
And if you graduate the pot and you have 50% of the supply at the time that you do it, you get two thirds of the boop from that graduation reward pot. So like if it's 500,000 right now, for instance,
you're getting, you know, about like 333,000 boop
or just sitting there and, you know, like graduating it.
And that's point being, there are opportunities like like that people are farming the shit out of it
they scrambled too quickly and i think it's going to take them a while if they're going to be able
to recover it all from it so we'll see great idea but you know who really executed it better
and i'm not just biased when i say this the arena executed it better unfortunately their UI sucks right if
arena had the UI and the UX of boop but like the way that they launched it and the community and
everything else it would be the purest most bullish play out there that's the thing that's
the most bearish about the arena launch pad is it's so shitty, honestly. Well, at least from a UX perspective, it functions well. But from a UX
perspective, it's not the best for their like pro version. But they've got some runners right now
that are doing well. And I think it's because they have like a solid community that they introduced it to and a healthier plan around it
sorry it's completely deviated again from the nft side but if you are new to the wonky weekly alpha
like we just kind of talk about everything that's happening in the space yeah you know i i agree with what
you're saying and i also think like a part of the big problem with these uh you know newer platforms
that you know are launching it it's really geared and like you were saying it's really geared towards
pay to play right like a good farmer can see these arbitrage opportunities and, you know, kind of just do it themselves to farm.
And that's what they're catering to, I think.
And it kind of puts, you know, not necessarily a bad taste in other people's mouths, but it's a little bit off-putting for your, you know, your regular CT user.
user, right? If they geared a little bit more, you know, majority of it to not so much as a
pay to play, you know, if you geared a little bit more towards, you know, engaging with active
communities and not, you know, strictly financially based, I think you'd have a better opportunity to
build a solid foundation and have a little bit more organic growth and more people supporting you.
And I think that is like what ends up helping lead projects to entering their, quote, banana zone, right, where they just start absolutely ripping is when you're not catering towards the very, very top 10 people
who are playing on your platform.
I mean, same thing with like Frintech, right?
Like Frintech had a good idea, executed very, very poorly.
And farmers took that and just ate as much as they could.
And then the project died shortly later.
Yeah.
And, you know, again, that's what it is.
So how are you catering to farmers versus how are you catering to community is how something's really going to survive.
Right.
And there is a tough balance because the farming side of it is really your marketing.
Right. And there is a tough balance because the farming side of it is really your marketing, right?
So it's how much are you willing to spend on marketing at the expense of understanding that it's a cost to community, right?
Like it is truly.
Now, it can be a way to reward community too.
But, you know, where do you find that balance of being able to do it?
So I don't know, you you know interesting stuff with it like there may still be some opportunity
and i'm just going to put it bluntly for scrolling through there and figuring out some extraction
methods for you know you might be able to look at a token that never graduated and you might not
even have to launch a token and what you could do is you can go to this token and you just buy up
say that the dev sold all their supply
and it's sitting there at practically nothing you don't launch a token now and if the graduation
process you just calculate how much soul it says x amount of soul away from graduation you put that
in boom right before you get it i'm giving out alpha with like what i should be doing on this
but like i don't know we're being interesting
opportunities to look for that are out there for people that really pay attention to it
um you know even in the downside of things there can be some upside but you know if you're going
to do anything in this space i think the real lesson from all this is put community first right
like do what you're gonna do what you what you say you're going to do.
And y'all, I wish I could keep going because this has been fun keeping y'all up here,
but I'm actually running way behind on,
I've got some stuff that I got to take care of this afternoon.
Supposed to meet up with some people
and I'm probably going to be an hour late,
but really appreciate y'all coming out.
You know, I do these every Friday with Rooster. So feel'all coming out uh you know i do these every friday with
rooster so feel free to come up you know bring more people talk about whatever's going on in
the market um and you know wonky stonks are inevitable so we appreciate all y'all coming out
and you know hopefully see you guys this next week stonks are inevitable baby have a great
weekend happy mother's day to all the all the moms out there happy mother's day thanks for having the
doonies on board everybody in this space go pick up a doonie and doonies hold spaces every friday
too kaylee you shop to one of those next friday for man bad bad and thanks for having me up here too see y'all later
