Memecoins $pepe & $OGMF with @PirateMFs

Recorded: May 11, 2023 Duration: 2:04:42

Player

Snippets

Yo, Morvick, let me change up the music a little bit, buddy.
Yeah, go ahead. I was trying to change the title.
I like it.
I love you.
I love you.
Songs so appropriate. Return of the OG's to the space.
Make this meme stop great.
I love you. I love your music, Charles.
Return of the OG's. Let's go.
OG's motherfuckers.
Morvick, Morvick, how are you doing, my friend? Thank you so much for having us.
Yeah, man, I'm doing great. I had a space this morning with Wolf and now I got you guys in.
It's great. I'm glad to be here. Another exciting day in the crypto space. How are you guys doing?
Doing fantastic. I'm excited. And actually, it's a beautiful day. It's in the 70s where we're at. It's sunny.
So I'm inside for the space as an outside. I'm going to go work on the lawn a little bit.
I'm in a good mood today.
Oh, yeah, man. The weather's been great. It was actually kind of cold beginning of May until the end of April because I'm in Ohio.
It was snowing a little bit here. Now the weather has warmed up.
Yeah, you're next to me. I'm in Illinois, so we're neighbors.
Yeah, was it cold there as well? Yeah, it was cold and dreary. And then today, boom, it's like full springtime.
The guy's coming to open the swimming pool tomorrow and hopefully be dipping in the pool next week. So I'm ready.
Yeah, man. Crazy how you go from being so cold to so warm in such a fast amount of time.
I turned my seat on the other day. But yeah, I'm glad. I'm glad that the weather's catching up to spring. We're almost in summer.
That's right. That is right. And I think we got Dylan and King Arthur up here. How are you guys doing?
King Arthur.
Yo, doctor, what's your name?
King Arthur, yeah.
I'm right now in Thailand. It's so fucking hot in here. It's like always hot, always hot.
When you go outside just to throw your garbage in, I'm already sweating. So fucking hot in here.
Dylan is a never ending vacation in Thailand. He actually had a kid at one and a half years old.
And I think most of the time his kid exists, he was more in Thailand than his home town. So yeah, Dylan is a never ending vacation.
Well, that's awesome. Like, you know, in Thailand, like must be nice. It's like a tropical, right?
Tropical and eating coconuts daily. And pineapples, very fresh pineapples. Doing good.
No, I love it. So let's just hop right into it. Like, first of all, I'd like to introduce the sponsor of the space.
Pirate MFs. Is the actual account coming back? Because I saw they were here and they left.
Yeah, he's actually earlier. I just saw him.
He's just losing somebody.
Yeah, yeah. We could chat a little bit before as people are still filling into the space.
You know, so I mean, like, let's just start off, I guess, before we jump right into it. What are your thoughts on Pepe?
Pepe's the movement.
No, I was going to say Pepe's the movement. And it's kind of fun. It's kind of like the pushback of the overall community.
And I like it because you know what, when you try to think about what exactly has value, it's really what people perceive perceive it.
They have value the same way a baseball card could sell for twelve million dollars or a comic book for five hundred thousand.
The point is, is it's a movement and it means something. And Pepe to this community has been a lot for many years and actually have a coin that is somewhat, you know, representative of that.
I think it's really fun to watch. And I certainly enjoy and I certainly have my own bag of Pepe.
Oh, yeah, man, it's been it's been crazy to watch. It's been fun to watch.
I'm sure everyone in the audience is like, you know, enjoyed watching the last four weeks of what has transpired.
If you know like the rise of a mean coin season coming back, you know, Pepe just going absolutely crazy.
You know, and that leads me into like what you guys are doing. You know, you're a you're a fully docs team and you have a mint coming up for your own token.
So I guess you want to briefly touch on that real quick. We could dive in a little bit.
I will let I will let other do the introduction. It's way better than I do.
Well, yeah, we did doing crypto pirates and it's actually it's a mean token mean coin.
But we started it on a little bit different reason when Pepe started the rise.
Basically, you know, everybody was in the hunt to find the next paper, right? Everybody was missing the chance and wanted to jump in.
And then you see that basically every three minutes, every two minutes, you have another mean coin that came out and you just see him like pumping, pumping, pumping the money comes in.
Like basically ninety nine point nine nine percent of everything that I saw daily is just basically fucking rock pool, right?
But you still see people for the next coin, even though that they lost money right now, they're still going in for the another one, right?
Just because they don't want to miss the phone or they don't want to miss the next paper.
So what we fought is like, OK, listen, those basically every new coin that came out, which considered to be a mean token, people jump in, right?
They want to buy, they want to be the next 1000X, they want to fill it, they want to earn it. That's cool.
The problem is that basically every fucking scammer are in this market and just basically rock pooling everybody all the time.
And you can see it like probably if I will go right now to the exclusive new pairs, I can count like in the first page in the last hour, like 10, 15 rock pools.
So we thought, OK, what will happen if we'll be just dogs?
Like, what will happen if we can make people trust us so they will know 100% that nothing going to happen?
Like, so you have a mean coin and actually you have a lot of utilities, but I will let us speak about it.
But you know, for sure, for 100% that it's a perfect fair launch.
No boats in the beginning that just going to buy 90% of the tokens and just going fucking up on you and nobody going to rock pool you.
OK, I don't know what's going to happen if it's going to be 1000X, 100X, 5X or nothing.
But I know for sure that it's not going to be rock pool. So that's interesting.
So that's basically what we started to do. And then we create crypto parts.
So first of all, without the NFT part here and the community part, the community that we're building before the TGE, before the launch date,
it's like you have those basics that you know, I don't know what's going to go, but you know that you're going to be secure with your funds, at least for not rock pooling, right?
For 100%. And the idea here is to create the community before, to create something a little bit extra.
And eventually what came out is that we're basically doing a project that probably would take us eight, nine months to do.
And we're doing it in two weeks. So eventually you have like, you have the mean token that's going to be dropped by you because you're holding the NFTs.
And every NFT consists token inside and every NFT has rarity inside.
We just, rarities give you multiplier inside and then you stake it in the staking pool, that getting the commission from the daily tax sell from the, from the DEXs.
And then you stake your NFT with the tokens. And then on another smart contract, you're getting increased DPR, which is basically the daily interest rate.
To your account because you're staking that and eventually just in two weeks, we did like four super complicated smart contracts, including the marketing, including the community and including all the mechanics around and everything we can.
And of course, we also raised, raised 200 eater at the first, I think 72 hours, which basically was hardcat.
We got a lot of offers from VCs and a lot of big offers, but eventually we said, okay, we're going to cap everybody for two eater.
So it will be just trying to rise as possible. And that's basically the story.
And we're right now we're in the middle of the pre-sale mint, which I think almost everybody minted, maybe like a few units.
And the public mint will actually start in one hour, one hour or two minutes, we have the public and we have left about 1,900 pieces.
Yeah, that's the natural.
Amazing, amazing, like, honestly, like, what I want to say is like being a fully docs team, you'll see a lot more confidence because you know, everyone always says like, they always ask me, you know, like, you know, oh, like what to look out for, you know, what are like the red flags for certain, certain tokens.
And honestly, like, the big, the best thing to look for is a docs team. There's accountability, like you're all docs, you're on Twitter right here.
So like, honestly, like, you know, because when it's an anonymous dev, you know, they can disappear into the into like the sunset, and you'll never know.
I mean, like, really, there's, there's really no way to, to, you know, to know you have to trust an anonymous person, but you know, you guys are showing your faces, you know, it's a, it's a pretty big deal to do that.
That's the innovation, one of the part of the renovation here that we actually docs and be showing our faces and people know us. And that's the idea here, what's happening with the new coin, that you know, the co-founders that you know, the owners of that.
And that's the interesting, interesting part here, you probably saw like the video that came out that somebody show a tutorial how to make a mean token in 27 seconds, right.
And like, after this video came out, I think like, probably every seven, seven seconds, somebody just brought like a 0.1 eat and just brought the mean coin up.
So like, you're watching this and you're saying, Listen, I see the people I know the people, of course, we're in this market, the crypto market is insane market, and everybody leaves on speculation. That's cool.
Me as well, right. I'm buying, I'm selling, I'm losing, I'm winning. That's okay. But in this, in this plan, when we doing something like that, that we're basically dogs and our face are here, we all have families and everything and businesses.
So, like, we're giving the assurance that, bro, again, I don't know what's going to happen, right? How, how high are you going to go? But I know that we're doing the best to show the car to bring the confidence to bring to people in it.
But that's insane, because again, in 27 seconds of tutorial show with 0.01 eat, you can bring a mean token and open a pool on Uniswap. And that's what's crazy about it.
No, and I was going to say to that end, I mean, this is something that we're actually all proud to be doing. So one of the reasons why we are doxing ourselves is because it's, you know, whenever you try to do something or build any type of business, there's always a risk that it may or may not work.
But in the end, if you're proud of the efforts that you're doing, you want people to know who you are, see who you are. And of course, any mistakes you make, you take full responsibility.
But on the flip side, any wins that you have at that point, you can go ahead and own the credit for it. And you can be a face for people to look to and ask questions and build the community.
It's hard to build a real community for something like this project, which is an F2 plus a meme token. It's hard to build a community if there's no real who are the founders. We have to be ducked. So something we very much enjoy doing.
Yeah, 100%. And again, it looks and again, we're going to push and work with it for this. Not for a week or two. I mean, we have a long term plans on that. I cannot say like, super long plans, you know, me and Dylan and I'm guessing the doctor and you as well invested in so many projects in 2021 and some in 2022.
And you know, like, I do feel after I'm working on this project, that you can achieve so much more when you have a super tight deadline, like when we opened the Telegram group.
And it's like, we even didn't talk to people didn't say what we're going to do. We just call it gods of me, right? So like in the first two days, I think we had like 200 or 300 subscribers in the Telegram group.
And like without even saying what we're going to do. I mean, people knew that probably going to be some in token, right? But we didn't like say any kind of details, nothing.
And it's amazing to see how many how many people want to get in into a meme coin that give you trust that give you the confidence.
And that's how you basically doing the presale only by Telegram group, right? So people don't know you. I mean, they approach you over the Telegram and you give them the details and they just transfer you the funds through the Telegram without knowing you.
They're not showing some trust. And I mean, I know that there's like many scams that after we did it, I think they opened like 2030 groups with kind of any kind of different meme coins with presales after us and try to do it.
And a few groups actually actually succeeded. But we are like, I consider us as the OG on specific this part, because we actually did, okay, this is me, this is Dylan.
There are many people in this industry, a long time in the industry, Dylan from 2014 and from 2015. We know a lot of people, they know us and we like, okay, that's what's going to happen.
If you cool, you want to go on board, we're going to go on board. And then actually, like in a few days, everybody start joining in and we build a deal with 15 members.
So you basically have in two and a half weeks, 15 members, tech guys, web, smart contracts, marketing, Admins in the group, in the Twitter design, you basically have everything in two and a half weeks.
I think in this two and a half weeks, I lost like four pounds, which is good, right? I'm not saying that's a bad thing. That's a good thing.
I mean, I wish I can double that. But that's amazing that you can actually do something that fast with pretty complicated stuff with a full collection.
And I'm talking about PFP collection, right? Not something like they're going to be, you know, like semi, a full PFP collection, freaking four different smart contracts that need to talk with each other.
A whole marketing plan, centralized exchange token, everything. And I'm really, really proud of that. So I did my thing.
And, you know, all of that with it, with the technical stuff, the marketing stuff, all of that stuff that's happening in the background.
But the coolest thing about this project is it's fun. And to me, it kind of represents, you know, the crazy scenes of, of meme, you know, and we're pirates, man.
We're not out there, you know, just dilly-dallying. We're going to raid. We're going to go ahead and do what pirates do, which is cool stuff.
Our token name is badass. O.G.M.F. I mean, what's better than that?
Oh, man, you have no idea. You have no idea. This token name, I mean, you know, we had a long decision, even in the total group, what they were going to call.
And I don't remember who, but somebody said O.G.M.F. And I'm like, damn, you're serious. O.G.M.F.? I mean, shit, how nobody did it by now.
This is the perfect meme name. I cannot say, I can't say. I can't say. I can't say. I can't say the O.G.M.F. name. I mean, that's fucking perfect.
It is. And the project, it's fun. You know, why are people in the NFTs? A lot of them are there, I was probably most of them just trying to make money, but the remaining part and all of it is the fun of it.
fun of it. It's about having fun and I'll tell you what, Pirates, man, this is just
something I'm very excited about. Just to get hyped when, when, when, when
mostly me, Otto, and the development team made some zoomy thing. We always put a
filter of a pirate to get hyped. No, you did. When I met you, when I did the zoom call, initially a few, you put that filter on top. That's pretty cool. Yeah.
Oh, right, right. We did it with you as well, right. We need to get into our, yep. Yeah, so I want, since the room filled up a little bit more, since we started, I just want to, you know, reintroduce you guys to everyone. So first, first and foremost, this is the pirate MFs team. They're fully docked. You know, you could, you could see their profiles. There's a few others that aren't on stage as well. And, you know, they have a strong history in the space
team as well. And I just met a author, but, you know, these guys are, you know, great. Like me and Dr. Diamond, we have a, we have a, like a pass, you know, I've talked to him, like, I think I met you on, I don't know if I met you on OnShane or, you know, sometime at least a year ago, I know. So, so these are great dudes and they fully docked for this, you know, it's, that's, that's not something that's easy to do because, you know, when
you're at one percent of all, you know, NFT projects are mean coins that are, you know, fully docked, most people stay anonymous. And that's, and this is like a two part project, you know, that there's a, there's a mint in front of T and then there's the token as well. So it's, it's really cool. And they do have a lot of plans for it. So before we dive deeper into it, I pinned to the top of the, the space, the link, I actually, I re-edited the link. So if everyone could go and
see it. So yeah, let's, let's get back into it. What's going on, Dylan? So, so you were unmuting? No, no, I just about to share the space as well. I have to get much more listeners. One second. Yeah, no. So, yeah, like, it's definitely cool to see everything that's happening. And like, I always speak on this, right? The innovation, right? So, you know, a lot of people want to hate on Pepe, but here, here's like how, here's how it works, right?
So what you have is Pepe kind of led the charge, right? And it's, yeah, there's, there was a lot of meme points that came right after Pepe, but that's fine because guess what? Like, like last cycle in 2021, what did we see? We saw so much innovation of contracts and people experimenting, right? Like, you know, people starting to make different variations, add new functions to the contract, you know, you know, adds, you know, there's even like a possibility of like adding other contracts that work in sync, right? Like, like of staking and
you know, even L2s. I mean, there's so many cool things that people innovate and get creative on, when that comes from meme coins, you know, remember last time around Safemode, I don't know if they were the first, but I know they were the biggest to do the reflections. I mean, I don't think they've the ones who created that. But, you know, they have the reflections and all this other cool stuff. And everyone's like, Oh, my God, this is so cool. Like you, like it's, it's what was it called frictionless yield or
getting to actually stake something, you're just just by holding this, you're getting a yield. That's so cool, right? So, you know, then there's also this buyback. I remember this buyback token in 2021, right? I forgot what it was called. But like, where, you know, part of the tax went back to buying back the supply or buying right out of Uniswap, that was like super cool as well. So, you know, there's, you know, it's cool, you know, like people have to understand, like, if it isn't for these kind
of people, there could be no innovation, people who just sit around and say, Oh, my God, let's invent this or that. No, like, they're driven, they're motivated, because of because of the current atmosphere and what and what's going on. But what are your opinions on that? I'll just say, Arthur, we kind of kind of incorporate a lot of that from the buyback piece, we have the NFT, where you'll get the airdrops of the tokens if you hold the NFT. So, you know, you may want to go into a little bit. But
team, we kind of picked a lot of the best of the best of those components. Perfect. Just mentioned,
I think I think I should should should should I mean, talk a few words about the ecosystem. And now we talked about it. I think you should you should expand it. Yeah, of course, of course, of course, which feature did we use? Of course. So, okay, so I will tell you again, like what the general thought was, like, one of the things that I don't like in projects, not just meme tokens, right, but most of the projects is that you have a huge, huge inflation part, right? Like every project, say, okay, like 30%
40 or 50 or 60% of the total supply will be on staking pool will be like on the default, you're gonna stake our tokens, we're gonna give you more tokens, right? I mean, that's not an actual ecosystem, right? Because all the time, every day that passes by, the token have more circulation supply. So basically, everything that you're doing to stake more and to get more, you're just putting much more cell pressure. And you're just super inflational, like, you know,
most of the economics in the around, right? But every time I see it, I'm getting I'm getting mad because I know that, okay, you see a token, you see a big project raised $100 million, whatever. But you see that only 7% of the total supply right now in the market. So you know that in the next three, four years, 93% from all of the tokens going to be released, right? So how do you calculate that? How do you calculate what's going to happen right now? If you have a valuation of $1 billion of the project, but you know that only
the tokens are out there. So it's something that we said to ourselves, listen, how are we going to renew that, right? How are we going to make people take the NFT, which have different rarity types, which is this rarity give you a multiplier on your staking mode. But how are we going to make it actually a deflational system. So I can say that for every bug that somebody buys, small percentage of that going to be deflational. So we did something controversial. And we put taxes on the buy and on the sell. So you
have an interesting system here. So every all the tokens that go on the sell. So if you're going to sell the mean tokens, you're going to pay 1.5% fee. But 100% of those fees going to go to the staking pools. So people are going to put an NFT with an X amount of tokens that you need to put to go to the staking pool, you're going to actually return the tokens that people paid as a tax sell for the deal. So you have no inflation here, right?
Which is cool. So we have staking pool, an interesting one, that maybe you have an epic NFT or a legendary NFT that gives you five acts on your percentage, which is insane. But you don't do you don't make any kind of inflation. Okay, cool. So we have it on a status quo, right? The same amount. But how are we going to make it deflational? So we said, okay, how we can reassure two things. First one, that people will know that us as a co founders, we have no reason to dump our tokens.
Which actually we hold super, super small amount of that. We reserved for ourselves 375 NFTs for the team, which basically from that tokens, you have a small percentage of the total tokens. But of course, it's all public, right? Everybody can watch our wallets. If we sell, if it won't sell, everybody can see super transparent. But how we can actually make a revenue from that to keep pushing the project forward, to keep listing it on centralized exchange and make the marketing and maybe some game or a lot of stuff that you can do in the
market. So we said, okay, so we're going to put a buy tax on that as well. So you have 1.5% of buy tax and 1.5% of service, which benefits two things. First of all, everybody know the famous boat Jared, right? That's stealing your funds that you're going to buy with to eat, you have sleepage, he makes you a fortress sandwich, and you bought the token on 20% higher. So first of all, when you make tax, automatically those boats are less interesting of you, because already they know
that you're going to lose 3%. So automatically, you're losing a lot of less interest from those boats, because they know that the sleepage need to be much, much higher. So they can benefit, because they're paying a shitload of gas, and they still need to overcome those 3%. The second thing, that 70% of the buy tax daily, not weekly, not monthly, not maybe daily, and we're probably going to make a daily stream of that and going to put it on our website with a digital chart to show you how many we burn. So
every day, the amount of tax buy that we gather, 70% of that, we're going to market by the token from the tax, fully transparent, you're going to see it. And we're just going to burn it. So let's say hypothetically, at the first day, we had like, I don't know, $10 million, right? So 10 million dollars volume with 1.5%. We're talking about $150,000, right? And we're going to live stream that so you can actually see us taking $100,000, which is basically, let's say,
56 eater, we're going to market buy, and then we're going to burn it. So real money, you take it, you burn it, and great. Now you have a pure deflation. Every day you're losing zero point something, three, four, five depends on the volume from the token. So us, let's say investor or speculator, you're watching this and you're saying, okay, that's cool. So I know that if I'm going to hold the token, I don't know, for three months, almost for 100%. I don't know, like 20, 30%.
of the supply going to be burned. So they're going to be a lot less tokens in the market, right? So like, you have the staking pool, you have the rewards there, you have the deflation there, and you have the dog's team, and you have that excuse, and everything around that. And that's basically it. And that's why I lost lost four pounds in two and a half weeks. Yeah.
Now, listen, are you going to dress up as a pirate during these videos, while you're burning? Because that's what I want to know. I want to see you as a pirate. I don't know if they pay me enough, man. I don't know. I need to check. I don't know if I'm going to be a pirate. I don't think that I'm going to make the live streams like with myself. Maybe so. I don't know.
We can make one test stream to see if people like that. If so, of course, if not, we're just going to like share screen. And yes, you can see a few on the market. So it depends. But yeah, it's going to be super cool. It's going to be super fun. I'm already seeing like a one, two, three, four months ahead, the cool stuff that you're going to make that. And that's what super excites me on that.
I love it, man. I love the enthusiasm. You know, all of you are just showing great enthusiasm. And like, you know, because a lot of people, they don't have a game plan, you know, they just usually look anonymous, they just launch a token on a whim. And they don't really have anything planned. It's just kind of kind of go up the flow. But you all seem very calculated with, you know, your plans, what you're doing, the theme you went with. I mean, oh, GMF. I mean, that's a like, like, it's a
it took me a second. Like, when you read it over, like, okay, oh, GMF, you know, like, it's for all those who get the reference. That's, that's, that's a pretty cool ticker symbol. I mean, I don't know why no one has, I don't think anyone has thought of that yet. So it was a very cool, you know, and honestly, like when we first got into that, the zoom call, you put on that pirate outfit right away. I was pretty cool, too. I mean, I was like, you're getting right
the public is starting very soon, right? So yeah, the public actually going to start in 45 minutes. But right now I'm watching and as I see, yeah, I think all the pre sale and the game find everything that we did is also you have left 1900 pieces with the cost of 0.05, which is approximately like with the enterprise 90 bucks, something like that.
Yeah, so it's 900 pieces that's going to be left. Initially, it was 10,000 the collection. But a few days ago, the market start crashing and all the new coins are crashing and because they're crashing and a lot of father round. So he said, Listen, that's okay, we're going to sell a lot less, which is cool. We still have enough funds to do whatever we need this project to push it forward as much as we want. So we're just going to keep everybody supply like if you bought an NFP, every NFT
we have 5 million tokens on it. So you don't have the skill the 5 million tokens, but you just decrease the supplier for race. So we don't have a 10,000 collection. It's only 7,500 collection. So yeah, so we in 45 minutes, actually, it's less 40 minutes. The public sale will begin. And if you want, you can go to the website, you can meet your own pirate and you can join our right. So if you're not to ride our sailing cruise. Yeah, selling
cruise. That's the right thing to say.
Oh, yeah, amazing. I mean, yeah, the market like to what you said about the market, yeah, the market, you know, it's down a little bit. But people have to remember, like we're in a bear market, everyone's acting like we were in this massive bull market and oh my god, everything's dropping. But we you know, we've been in this bear market, you know, we're having bear rallies, you know, we're having a fun and it's actually very impressive that the market is holding up as well it is, you know, like, most people were screaming Tuesday
and we really have had and I mean, like, I get it, like, I can't say mild, but compared to the last bear market, it's, you know, it's been a very, very nice, right. And yeah, like, it's great to see innovation and building during the bear market, because honestly, that's what the bear markets for the bear markets for experimenting, right. And this kind of feels like this bear market feels like a mini, like, I don't want to say bull market, right term. But yeah, like, it definitely feels different from what I experienced last time.
And, you know, it's great to see, you know, people like yourselves, like, actually going out, putting your name on the line and like, you know, having fun, innovating and, you know, doing cool things, you know, it's great to see.
You reminded me the last bear market, which was like 2000, let's say, beginning of 2018 until almost the end of 2019. And I remember that that was like, one and a half years of pure nothing. I mean, seriously,
I think that even people didn't scam each other, you know, I mean, it was so bad. I mean, I didn't sell anything. And it was really, really bad period. And now, actually, the economic side in the world is so bad. And it's a talk from for the self, right? But it's so bad that and you're looking at the crypto market and you say, Listen, we're not doing that bad, right? I mean, okay, last few days are bad. But I mean, if you look at the total, we're doing actually pretty good. I mean,
of course, you have insane war in Asia, and Asia, I mean, about Russia and Ukraine, you have inflation exploding worldwide, you don't even know the real numbers of the US inflation and the European nation inflation, you even don't know that, but you know that the situation is really bad. And you look at the Bitcoin, you're saying, okay, that's $27,000. I mean, how? How is that? What's going to happen when the market going to be stabilized in six months, 12 months,
15 months, 24 months? What's going to happen there, right? So actually, if you look at that, crypto market is performing really, really good, much more, much better than I expected. Because when Bitcoin dropped to 16, I was okay, that's good. I'm going to Craigslist my liver. So if you're going to reach to 10k, I'm going to buy everything I can, right? But it didn't happen. I mean, we're just starting to climb and to climb against the US market against the European market against everything. So actually, I think the crypto market is outperforming.
And doing really, really good, comparing to the situation in the world that we're looking at. Yeah, I mean, I want to say this on that topic, right? I mean, we are limited with liquidity, right? I mean, there are not a lot of inflows coming into crypto, like, basically on a dollar right now. And there's, you know, there's a couple of reasons, obviously, what you said about the overall global economy, interest rates being very high, make it very, very hard for people to be able to, you know, in a bull market, what do people do?
And like, how is money created, right? Through loans, right? People take out loans, it pumps the money supply, and people pump that, that new money that was just created right into the market, right? And they kind of like, they even like, you know, like cycle through it, right? There's like ways to like, you know, over leverage yourself in crazy ways. And as we saw up all the blokes of 3AC and whatnot, I mean, man, there were a lot of funds that were very, very over leverage. But I mean, that's kind of what it takes
right? People are so anti regulation, but there are, you know, institutional investors back, institutions back in 2017, everyone was talking about, Oh, my God, like institutions are coming and all this stuff. And, you know, now it seems like people don't want them as much. But the thing is, like, if you want Bitcoin and Ethereum to fly to all time highs, I mean, you want Bitcoin to 100k, Ethereum to 10k or whatever. I mean, you need to open the floodgates, you need to be able to have these institutions come in and like, buy up Bitcoin and Ethereum
regardless of what people think about him, like, he's very, very smart. And he talks about this all the time, you know, like, as soon as you give the word, like, have some regulation, now all these funds, massive funds, with tens of billions of dollars thrown around, now they have an option, now they could go in and safely like, buy some Bitcoin, buy some Ethereum. And like, you know, he even talks about other protocols, like Solana, Chainlink, whatever else, right? So it's very, very cool. Just like to hope that, hey, like,
you know, we're, people say we're early, we're not, I wouldn't say we're early, but we're in a, we're in a place where we're at the front lines, right? The front lines of innovation technology and like the changing of, like, kind of like the world, right? The world's changing, in a sense, with AI, blockchain technology. So it's cool to be here. If you're here, if you're here right now, you know, if you're paying attention, just like stick around, like, just because it's a bear market doesn't mean
half, however long since it started in early 2022. Literally, like, you know, it's okay, because you just need to be aware and stay here and pay attention and keep learning. Because eventually, there are an opportunity will come your way. You know, so that's honestly, like what I always tell people, it's just like, you know, I'd be patient with the market.
You know, borvik, I was gonna say, I completely agree with what you're saying. And in fact, if you can build something in the bear market, you can be far ahead of where you would have been otherwise in a hype market for two reasons. One, you can usually get labor or certain assets at a better discounted price. You know, for instance, if you want to open up a restaurant, one of my friends who did very well with five restaurants in the New York, New Jersey area, he bought all his property in 2012.
He bought all his property in 2008, when the property market crashed, that was the bear market. And he built an empire during that downturn, which then rose up over the next decade. Same thing with anything crypto or anything you can imagine, you know, in a hype market.
Imagine how much you might have to pay for a smart contract, right? Or art or something like that. But you can acquire those assets at a much more reasonable price in a bear market and keep pushing through and build something of value.
And now people are gonna say, you know what, I'm more selective, what I want to do, I want to invest in something that will produce value. And so I completely agree with what you're saying. And I view bear markets as a great opportunity to actually go get something at a better price.
Exactly. And I have two things to point out more what you said about Bitcoin, and I'm actually a big supporter of Bitcoin and Ethereum. And I can tell you that I saw like, in about one year ago, right, when the war against Ukraine started with Russia.
So, you know, before that, we heard about Venezuela, we heard about El Salvador that they're only implementing Bitcoin as a supportive payment and Bitcoin like, that's the future and everything in South Africa. That's all cool.
But actually, one year ago, you saw a super country named Russia, a super rich country, right? Which basically, they're not the regulation, but all the sanctions that fell out on this country with the visa and with the money funds and basically, if you if you live in Russia, you have no chance to go to any kind of online website and to buy with your local credit card, right?
So basically, the funds that you have right now, you can only use in Russia, because all the sanctions basically departed it from the world system of banking, which is insane, right? I mean, insane. I'm not talking about insane the session. That's all good.
Everybody with their own opinion talking about that you can see what's happening in Russia right now, that Russia and a lot of rich people really rich people that going to different countries, they're changing their funds with the big premium in Russia to buy Bitcoin.
So they can go on board and to use their funds because you have no other chance to do it because you're blocked, right? So you can understand that if a super nation as Russia using Bitcoin, I mean, I mean, is that like an insane use case of that, right?
Because again, before that, we heard about Venezuela and El Salvador and a few more small countries that are using it because they have insane inflation in the country and they have to store a value on that and they choose in Bitcoin.
But now you actually see that you have a currency that nobody, nobody can block it. And basically, if you own it, you own it and you can do whatever you want with it because that's yours.
And you hear stories about China that in China, you almost cannot use cash. So if you go to Shanghai, you cannot use cash only with credit cards, only with their apps on the phone and everything.
So what happens if, I don't know, something happened and the country decide to block you, right? You have nothing. Everything you earned, everything you worked for, you absolutely own nothing because all your money are governed with the government.
So that's basically as I saw one year ago, insane, insane use case that I know, I knew about it, but you actually see a super country with a lot of rich people there that turning to Bitcoin to save their funds and to continue their economic financial life, which is insane was for me.
And the second thing that they chose said the cheap services and workers that you can get in a bear market. Yeah. Me and Dylan in 2021 was hiring smart contracts guys that they're using Solidity and Python or whatever.
And I think that the offers that we got, it was like twenty, twenty five thousand dollars monthly, which is, come on, that's insane to pay for a good programmer, right?
I'm not dissing them, but I'm just saying to pay twenty five thousand dollars for somebody to make you a smart contract that today you can do it on Che GPT, that fucking insane.
And right now on these days, yeah, on the bear market, you can get a really, really good design team and to pay them eighty, ninety percent less.
You can get a super good guy that's using smart contracts super efficiently and yeah, you can pay them eighty, ninety percent less.
So yeah, I agree with you, Charles. On the bear market, that's the best time to build. One hundred percent.
Yeah, I mean, right now bear market, you know, and like people are during a bear market, everyone kind of, they panic, they freak out a little bit, right?
Yeah, like right now is the best time to be looking at who's building what's going on.
Like, you know, there's less noise and it's like the bear market's a great time to find opportunity because when there's less noise, you could think a little clearly.
As long as you're not looking at, you know, prices going down all over the place during a bull market, it's a little harder because there's so much noise, right?
There's so many things going on. You know, it's a little harder to pinpoint, you know, like, for example, like with Pepe, right?
With Pepe, because we're in a bear market and there's not a ton of stuff going on, you know, you could have spotted the attention, you could have saw it like, okay, look, people are talking about this.
And then, you know, you could have, you know, seen why. And then, you know, during the movement, like, you know, from like the first few days, you know, you would have noticed that, right?
The bull market, it's a lot, lot harder to spot certain things because there's so much going on, you know?
Sorry, Barbara, I don't know if it's just my connection or something cut out for a second.
Oh, did I cut out?
No, I cut out for me, but I don't know about the spaces.
Yeah, go ahead.
No, what was your question?
Yes, yeah, yeah. So basically, to sum it up, I guess, like, what do you think about this? Like, in a bear market, you know, there's less noise, right?
There's less noise, less things going on. And, you know, it's easier to kind of pinpoint, you know, certain things like people who are building or whatnot.
In a bull market, there's so much, so much going on, there's so much noise. It's, you know, it's easy to, like, drown out, you know, people who are, like, truly building because there's, like, so much noise.
Oh, 100%. On a bull market, it's really hard to build something. First of all, in a bull market, you know, that you have a saying in crypto, and I'm guessing you're also from 2017, right?
I remember that you spoke, first of all. So, in a bull market, it's like everything is going 10x without even the project doing anything, right? Just because it's a bull market.
I mean, the founders and the programmers can see do nothing, and everything just jumping. So, you have, like, much less incentive to work because you see everything is doing good, everybody is following, everybody is super amazing, blah, blah, blah. That's cool.
But the ones that doing the 100x, which is the hardest spot, is the one that building. The problem that you have much less of them, and does the thing with bull market.
That's why you have the saying when you, it's a bear market, then you start building, because the noise that you're talking about is very important. Nobody's interfering.
Nobody's saying, hey, man, why is not pumping? Why is that going up? What's happening with that? Everybody understand? Because, okay, yeah, we're in bear market, the situation is bad right now, the market is bleeding, everything, not just crypto, right? Everything, the stocks, everything.
So, you have much less noise and background to not to commit yourself into the project. So, you're sitting down, okay, cool, we have like six hard, tough years, six hard, tough months that we need to do something.
And then you start building, and then the creative parts start to go, and then you get it ready for the next bull run, and you're getting ready with your products.
And that's the beauty of the bear market. In the bull market, yeah, it's a lot different, because you basically don't need to do anything. I remember in 2017, if you remember, every project that just tweeted like,
Hi guys, how are you doing? He was pumping. It doesn't matter even what's happening. Just somebody needed to say, listen, we're redesigning our website.
I know a big project that was in 2017, but actually tweeted, in two weeks, we're going to redesign our website. Bam, 1000% up. I mean, come on. You cannot explain that, but that's okay. That's the part of the game, right?
That's the bull market. That's the fun thing about it. Everybody's following, everybody's talking, that's all good. And we're doing that for ourselves, right?
You're seeing somebody tweeting, you're seeing something happening in bull markets, you're putting your money down, you want to earn, that's fun. Sometimes you make it, sometimes you don't.
In the bull run, most of the times you do make it, but that's the beauty of that. And then you have the bear market, which is basically right now, that then you need to toughen up and you need to be super creative and to work super hard to actually succeed and to go through this market and be prepared for the bull run.
And the thing about it is, is you never know how long the bear market's going to last. So you have to keep, you know, really the nose to the grindstone and producing.
And I think that when there's a lot less noise, and this kind of goes back to what you were saying for Vic, when there's a lot less noise, you can get a lot more attention by providing something of value or building a community.
One of the things I really love about all of the UGA assets, crypto punks and apes included, are the communities that have been built, you know, and a lot of friendships that have been made.
And although we're a very new small project here, it's something that we really strive for as well. And our Telegram group, which is kind of like an OG crypto type of group for our OG MF coin and our, you know, crypto pirates.
It's fun because I know you want to say the full name, you know, you want to say the full name.
I do. I do. You know, you know what, this is a recorded space and my daughter might listen to it one day.
So good. Yeah. But every time I say, oh, GMF, you want to say, you know, but that's cool in the car. We saved in the car.
But I think to all of your points earlier is it's nice to be able to not have a whole bunch of dissonance and surrounding waves of noise when you can actually show yourself to produce something that will hopefully not only excite the community,
but want to get people in the outside the community, in the general public to want to join.
And that's something that UGA executed really well, right? They took people who are outside of the community, brought them in, made it really cool,
made it really fun. And that's what we're going to be doing here.
I love that. Honestly, so I mean, like, recap for everyone who's jumping in, do you guys kind of want to give like a brief recap of the project or fully docs team?
You know, you have NFTs mixed with a token, you have staking, a lot of stuff planned. Do you want to kind of touch up on that again?
Yeah, I can, I'll do the 60 seconds summary or maybe even faster. But basically, we are the crypto pirates. It's an NFT plus meme token project.
And the token name is OGMF. And the crypto pirates, it's how many minutes? It's 40 minutes, I guess it's going to be public. No, no, 20 minutes, I guess is public mint.
Out of 7500 NFTs, already 5600 have been minted. So and that was all basically private. And then we're going to go through the public and the tokenomics, all of that stuff is on the website, which is crypto pirates.wtf.
So we have a really cool kind of vesting schedule and the tokens are going to drop to this NFT community. And, you know, I think that summarized it.
No, that's a good summary. That's a great summary for everyone just joining in.
Dylan, did you want to add anything to that summary?
I don't know if Dylan's mic is working right now.
We interrupted him. He's on vacation, I told you. He's like six months in vacation. I didn't sell my partner for like six months. So it's okay.
I know that he will sell weight, but I don't know how I know. I mean, I don't know the guy anymore. Hear him sometimes.
It looks like he's unmuted, but I can't hear him. Maybe Dylan just dropped down and come back up.
Leg massage, man. Just a leg massage. That's what pirates like.
So, but you know, it's neat. You guys should see some of the some of the meme art that's going to be dropping for this project. It's really fun.
You know, it's like, like to me, one of the reasons I love the NFT community so much is because it is fun.
You know, it sounds funny. I actually never got into this for the money. It's not something that terribly interested me, but I do like the people that I connect with the technology that's underlying this.
And this last bull market kind of reminded me a little bit of the dot com, you know, wherever it was so excited for pets dot com.
They bought all this stock skyrocket and eventually what came out of that type of theme was Chewy and Amazon and Microsoft and all of these cool companies came out of that.
So, yeah, we just had the hype kind of bubble, I guess. But now it's going to be the real producers are going to come out of this and you're going to see the future Microsoft's and Google's and Oracle's show on up from Web 3.
And all of us want to be part of that.
Yeah. So should we try to kick Dylan off stage? Did you guys talk to him? I think he might be. Yeah, you wrote me that his kid is putting his kid to sleep.
Oh, OK. Yeah, we'll give him a minute. Yeah, I mean, no, it looks like he did get rubbed off the stage. So we'll give him a minute to come back on stage.
Yeah, I mean, honestly, like what you guys are doing, you know, you're it's not easy to be docs, right? Because, you know, docs is a big deal.
And people understand that when you're looking for a project, a docs team, you know, that is someone that you could hold accountable.
And all in like all of you when I when I first started talking to you on that Zoom call, you said, yeah, like, you know, you understand that like, hey, look, by being docs, you're openly putting your names on the line.
You know, all of you have built reputations in the Web3 space. So by putting your name on the line on this project, you know, you know, it should bring more trust.
You know, it's more transparency as well. And you also have like a roadmap. You know, most like you told me you have all these things that like are going to be like right off the bat.
Most projects, they don't really have anything. They just kind of wing it, right? I mean, especially like a meme coin.
They just, you know, launch and they don't really think their roadmap is like 10,000 holders and like coin market cap, like just like some generic stuff.
But it seems like you are actually building. And when we talked about the beginning of space is that back in 2021, I said that meme coin season really brings on innovation.
You know, we had I don't know if Stakeman was the first one to do it, but, you know, the frictionless yield. That was like, cool. Everyone was talking about that.
You know, we had the buyback, right? That one token that had this crazy buyback, buybacks, right? That was super cool to see.
So, you know, and you guys are kind of taking what previous projects have done in the past and kind of mixing it together, right?
Exactly. We're taking all the good parts from other projects, mixing it together. And the thing is that we're doing that super fast.
You said that you saw a lot of meme tokens, meme project that they have a roadmap of coin market cap, right?
Great. So we're on coin market cap already five days and we still didn't launch. OK, so like just to understand the how seriously we take things over.
We already have I mean, I don't know if I can say or not, but we already closed a trading platform.
OK, we already did the coin market cap. We already did all the marketing. We're doing everything.
We're even speaking with you, right? And we still the token is still not out there. I mean, the NFT part is insane.
It's good utility. You will use it with the token to get insane staking part. Everything is cool.
But the most interesting part is the token, right, that everybody's waiting for. So we actually did doing 90 percent of all the other projects that same.
They're going to do eventually on the road map. Yeah, we already did it.
I mean, when people talking about, hey, we're going to have a stake in pool. Great. We have a hybrid stake in pool with an NFT with the tokens with an increased fears and rarity for the NFTs.
Every NFT is PFP difference from the other run with high quality. I mean, the highest quality that we can get in two and a half weeks, right?
We have a really tight schedule. So like everything that most of the project of the meme tokens, yeah, trying to do and trying to say on the road maps.
Great. That's nice. We already did it and we still didn't launch. OK, so that's how to show you how we serious and committed to this project.
And as you said, that we are dogs. And that's like that's a serious thing. Yeah, that's a serious thing.
And I know that, you know, even if the token is going to spawn, going to go up and then he's going to go down, we're going to get fat, right?
Because somebody bought it up there and eventually something is going down and eventually somebody is going to lose money.
And then it's going to be, hey, why is this money? And listen, you're the founder. Do something, whatever.
I mean, that's happening everywhere. And that's something that we cannot do anything about. But that's cool because we know that we're doing one hundred percent for this project to succeed.
If it's going to see it or not, that's the market will tell. Right. But we're going to do everything that we can.
Everything that we are acknowledging this market to make this succeed. That's why I'm not afraid to be dogs in this one.
I have nothing to hide. You can ask me whatever you want. So that's why I'm so passionate about this project because I'm actually doing it.
It will be super fun, super nice, great community. We will do whatever we can to make it succeed.
And again, as I told you, the revenue stream for this project, because, you know, basically everybody wants to earn money as well.
Right. But the revenue stream is not included to dump our tokens. So even if we go like parabolic, I don't know, like 500.
I'm just saying, yeah, it's not the financial advice, but we don't need to drop the tokens. It's not about that.
As long as we have trading, as long as people interested buying and selling, we're having the revenue, the small part of the revenue stream to push the project forward.
So we have no incentive to sell our tokens. It's not about that. So that's the thing here.
So we do ducks. We did 90 percent of the things that other projects saying they're going to do. We already did it.
And from here, whatever people want to do, you want to do.
No, I love that. You know, it's great, you know, that you're putting your name on the line. Like I keep saying, you know, that accountability goes a long way, you know.
And like, you know, you're being transparent, talking about everything that you're going to be doing that you've already done.
You're already in coin market. I mean, how many, you know, projects are in coin market cap right off the bat?
I mean, most of them aren't because they're thought of in like two days. So, you know, but you guys plan this out, you know, and planning out something is, you know, not super common, you know, which it should be.
You know, people should be planning things out more. So props to that. But yeah, so isn't all the public in like, it's coming up very soon, right?
14 minutes to the public. 1900 pieces are left pre-sale. I think everybody minted. Five, six to three. Yeah, I think everybody minted.
So we have 1800, 677 left.
And it was really impressive because we managed to raise 200 ETH in the pre-sale, I think within like three days or so.
It was rather rapid and people are taking, you know, extraordinary interest in this.
And it's much so that, you know, the public sale is quite, is somewhat limited in availability, which of course we're very proud of.
But it kind of speaks to the interest in a project such as ours.
Yeah, no, that's incredible. So you want to kind of talk about that as well? You raised 200 ETH?
Yeah, we raised 200 and we hard cut that. I mean, we said, OK, we're going to raise only 200 before we decreased the collection from 10,700 to 7,500.
And we have a game fight with us. And when I'm saying game fight with us, basically, we approach to them.
We know them. They know us. And they said, OK, cool. We want the 1000 pieces to sell to our stakers.
Game fight, nobody knows, it's like a pretty big platform that launches projects in the crypto market.
And I don't remember that anybody did it with the meme token. No, nobody did it with the meme token.
So I think we were actually the first one with the meme token that did a sale on one of those platforms.
And they sold out in 10 minutes, I think 1000 pieces. So everybody, everything was hard cut.
I'm sure in 100 percent that if we wouldn't hard cut that, we probably would sell all the 10,000.
But we didn't want that because the pre-sale was just to build to start the community building, right?
And we do want people to join and to make one piece, two piece, three piece, whatever.
I want to make it decentralized as possible. So that's why the private, the public meme will be on.
And we did not finish it on the pre-sale because we do want the people will meet and will join our community.
And we want as much holders as possible. And we want people to start enjoying with us and with our great community.
And we'll understand what does NFT going to do for you. And listen, like today is the main thing.
I think in three days we're going to make the reveal. After the reveal, up to 48 hours, we will hope it will be 24.
But you know, again, the schedule is super tight. But up to 48 hours, all the NFT holders will get the tokens, the meme tokens.
And we open a pretty big liquidity pool. If you know with the numbers, the fully diluted cap of this project is 525, which is fully will be released in three months.
OK, not five years, three months. But actually, the PGE will be around 150, 148.
And the liquidity pool that we're putting total will be about 380,000.
So like even if everybody, everybody will drop their tokens, I mean, OK, so the token price will decrease 50 percent.
If nobody buy just everybody only sell. And it's still going to be much higher than most of the main tokens.
Nobody's buying only seven. So just understand what I'm saying, right?
The releasing token value will be about 140,000 dollars. And on the liquidity pool, we will have around 390,000.
Just understand how secure you as somebody that wants to join a community and you got dragged before and you got scanned before and you want to feel comfortable.
Just understand what the comfortability that you give you as one of the supporters of the project.
And that's so important. Everything that Arthur just said in that last 60 seconds was so important for people to understand the powerful liquidity pool backing this.
The people in the community, the fact that it's an NFT plus the meme token, the fun that comes by just being a pirate.
Who doesn't want to be a pirate? We all remember growing up, right?
Every one of us was a pirate for at least one Halloween costume because it's cool because we want to be a pirate.
Now you can be a crypto pirate and sail the meme seas. I mean, I just can't get enough.
I really genuinely get excited about the hardcore technical backing, the liquidity pool backing, but also the fact that you're doing memes and it's fun.
And we're going to be pirates, man. Borvik, this is very exciting. You may be a clown punk, a clown nose, but you're going to be a pirate too.
Yeah, I just want to say, some people are saying that I'm shilling a shit coin, but you're a fully docs team and I've only really hosted three of these, right?
And all are people who are docs and have reputation in space, right? And this is an NFT project, right?
First and foremost, anyone listening, this is an NFT project.
A token is the secondary part of it, right? And you're doing really well. You all have massive reputations. You're not like an anonymous team hiding behind a keyboard, you know?
So, you know, major props to that, to being a fully docs team. And I just want to say that 10 more times because people need to understand, like, fully docs team, like, you know?
Thank you. And you know, it's interesting, you know, because, you know, I've done probably in my life total about 14 startups and most of them didn't succeed, but a few of them did very well.
And the key is, I was never ashamed to put my name to something where I knew it was an honest team working very hard.
As you know, there's a lot of market factors, timing factors, luck factors that go ahead and impact any type of product service.
Just because you have a great product doesn't mean it's even going to be a good business. But, you know, the point is, is anything that I feel like I'm working with amazing colleagues here, not only have a killer work ethic and super smart, creative, but it's also fun.
So, you know, although I'm planning for this to be a success, no one can ever guarantee that.
And I certainly wouldn't be ashamed to say that, you know, hey, this is a project that I did. That's something I believed in. And I'm going to put it in my list of fun things that I've done with startups.
I mean, to me, that's what this is about. So I'm proud to be here and just glad that you recognize the fully docked part because it's something we're all happy to have.
So, yeah, no, 100 percent. I mean, like that's it's all about transparency and like accountability. I mean, number one thing is accountability, having a face to go along with the project.
That is, you know, that is massive. Right. And that's what gave me that when you when you first called me, you know, I was the first thing I said, I'm like, are you guys going to be all docs?
And you said, yes. You know, and that's why that's why I said, yeah, of course, like I'm on board, you know, to help, you know, host a space, do a few tweets, you know.
And I'm glad you guys are sponsoring the space because, you know, it's great. We need to spread more positivity with people that are docs.
Like we need to put more. We need to shine more light on, you know, people building, you know, cool things that are docs.
And, you know, like there's nothing wrong with being a fun project. People act like this space is super, super serious. Oh, my God.
If you're not building the next major protocol, you're not allowed to be here. Like, oh, you need to leave the space because you're having fun.
Like who said that? I can't like like literally like art is art. Like it's fun, right? Like the art is that of tea, you know, and you have all these fun components attached to it.
I mean, I don't understand that people talk about gaming and Web three and they're cool with that.
But then whenever someone wants to build something, that's like kind of like, you know, a token, NFT hybrid of like, you know, cool features.
Everyone's like, oh, my God, like, like, so like people in the understand, man, like, like this, this space is all about, you know, and you being transparent, that should, you know, help a lot of people.
Like if people want to get into this project, you know, and it's not financial advice or anything. But if you want to get into this project, obviously, like, do your own research.
But like the teams up here, they're all public, you know, I'm sure they're willing to talk to people if they reach out.
You know, and I've been telling my family that I'm a pirate now are and they're like, what's wrong with you?
But they also don't understand why I have a crypto punk either. They they call it block face.
So I guess I guess the pirate, you know, I don't know what to say.
My family thinks I'm crazy for being an entity, but I think it's fun. And I know you get it because you're in it, too.
So no, yeah, I mean, the pirate thing is awesome.
I mean, like, yeah, when I got on that Zoom call with you guys and you put on those that pirate filter, I was I was really, really cool.
I mean, they're really cool.
I heard they look so good as a pirate, by the way. At some point, we got to post that on the Twitter, the picture of him as a pirate, because he looks legit with the beard and it just looks good looking pirate, Arthur.
I'm happy. Just happy.
I will make a question. No problem.
No, yeah, that would be a good tweet idea, because, yeah, like, you know, you started off about the pirate after dawn and then you clicked the button and it looked it looked so realistic as well.
It's a really, really well done. You guys really got into character for it.
Yeah. So it looks like is the public starting right now?
Yeah, public public will start in five minutes, actually. Our telegram group is already pumped. Yeah, five minutes.
And how could people find your telegram? Do you have it?
Yeah, you just you can just go to our Twitter account.
You can see the crypto pirates with the yellow mark. Just go to the Twitter account and you have the link to our total group.
And that account is tagged in my in the pin tweet above. You could find it right there. It's right in the bio. Yeah.
And everyone always be careful because there's always scammer scam accounts out there. And I guess, you know, imitation is the greatest form of flattery, but, you know, definitely be careful with the collections.
Make sure you go through the official Twitter with the gold checkmark. Make sure that it's, you know, the legitimate site.
Yeah, no, that's not bad. That's another thing that you want to talk. We should talk about is, you know, security and safety because there are so many people in the space who are they FOMO, you know, and they see something as a minting or something dropping.
And, you know, they don't they don't double check and they just kind of jump right into something and then they get fished, you know, and then drain.
And so, yeah, it's always smart to take a minute. Like, if you're not sure, then don't proceed. I mean, like, it's not worth it. It's not worth it to you if you aren't if you're unsure about something.
I mean, just don't do it, you know, so because there, you know, there have there has been I mean, like, you know, I'm trying to find a lot of the bots and a lot of the scams on on Twitter.
There's still, you know, there still are a good amount I see of, you know, those like fake accounts kind of, you know, mimic.
And like, aside from that, just like being aware, like, you know, being able to read etherscan being able to like read basic functions in the contract, you know, being able to tell like, hey, like, okay, like, this is what these functions do.
Because like, it's like, don't trust verify, you know, just because they're docs, you know, you could do your own research as well, like, literally go, go do whatever research you can first.
And that's what I always recommend, you know, because too many people in the space. I mean, no, they don't, they don't do that. They don't verify for themselves.
And the entire point of the blockchain is that you don't have to trust anyone, you could just verify on chain, right? You can literally like look at a contract.
I mean, assuming that it's verified on etherscan, you go look right at it, you know, you could see like what is going on, right? And that's the beauty is the transparency, right?
And just by being docs is adding another layer of transparency. I know to the whole process.
Absolutely, absolutely. And I don't know if Dylan's gonna, you know, he's gonna come back up or he's gonna stay but he's such an inspiration for this whole project.
It was nice to have him up here while he was up here.
Yeah, I think he's a he said it was around 1am his time.
Yeah, 1am in Thailand pocket right now. Yeah, that's why probably and he's one and a half year old son doesn't want to sleep. So, you know, nothing to do really on that.
But yeah, Dylan actually, as it started, he called me like three weeks ago, and they told me that the let's make it a cheap meme token, and be fully dogs and make something utility.
Just think about something that we can make with NFTs and everything, then we start scrambling everything out. But yeah, Dylan actually brought this idea and it went great.
And it was really, really cool two and a half weeks.
Yeah, and that's everything's going amazing.
And we have the public meet will be open in 30 seconds.
So if anybody wants to meet you can just follow the Twitter.
And you have all the links there.
Yeah, do you kind of want to go over one more time I guess like how the public met works, like how it'll work once they met.
Yeah, well, after you meet you go to the website, you just connect your wallet.
You can meet up to 20. I don't know how much it's going to hold because we have left about 700, 1800 units.
After you meet, automatically, you can of course buy and sell on OpenSea.
But in three days from now, the reveal will happen. And you know, probably, you know, any projects right after you meet, you probably need to wait between two weeks to one month until the reveal.
So you can pop the volume, but it's something that we don't give a shit about it, basically.
So in three days, we have the review on the reveal. It's not just about how it looks in the rare. I mean, it is about the rarity.
But there it is playing a different part because if you have you have the common, which is 70% drop rate, you have the rare, which is 20% operate.
Epic 9% and legendary is 1%. So basically, if you have a legendary.
I mean, I will buy it 10 times off the floor price. If you have legendary, you can DM me. There's 75 legendaries, which again, every each one of them gives you five, five times multiplier on the daily staking pool.
And the daily staking pool actually works really good because you can stake it only for one day.
I mean, you saw that yesterday you have like insane volume, right? And you can actually calculate almost how many tokens going to go to the staking pool.
And if you have, even if with the common, right, that's one X, but if you have like the premium, the Epic and the legendary ones that give you pretty big multipliers, that's insane.
So if anybody gets the legendary, he can DM me over Telegram or over Twitter, I will buy it in 10 times off the floor price.
Yeah, no, honestly, amazing. It's going live right now. Yes. For anyone, anyone who wants to go mint, you know, do you want to bring the crypto pirates account up here so they can just click on that easier.
I could send them an invite to speak.
Let me see you just come on stage.
We see who's in the account.
Yeah, one second.
Yeah, of course. No problem.
Yeah, so if you have any questions or anything you want to say, you could request up. I'll add a few people up right now.
Yeah, I see a lot of familiar faces in the audience. It's awesome. We have such a good crew. And it's also fun as there's actually a fair amount of crypto punks who have kind of jumped in the pre-sale for the crypto pirates.
It's just really a kind of adds to the fun, you know, having that that family involved as well just not not associated in any official way just to have a bunch of friends kind of be in there with me. It's really fun.
Yeah, so we have we have three requests, but they're all from like two of them don't have a PFP. They look like.
Yes, covered with the dark. You're not sure what they're going to say when they come. Yeah, yeah, one of them looks like they're going to show something. It's like a token or something.
But yeah, if anyone wants to come up here, say anything request, like request up, ask any questions, say anything you want. Should we let one of these, should we take a chance on a no caller or visible?
This guy's waving.
If you take a chance on him, he's waving.
Why not? Listen, worst case, you got to get, you know, do something. But yeah, why not?
He's only got five followers, a fresh, fresh account. Let's just try it out.
Hello, just got a quick question. When would the coin be released?
Can you guys hear him?
I said when would the coin be released?
So the airdrop, I can hear you. Oh, there you go. Yeah, so the yeah, so the coins will be airdrop to the NFT holders and the different rarities of the level of the NFT will receive different amounts of coinage over time, you know, so it kind of earns more if you have, say, a legendary versus a more common one.
And the first airdrop will happen, I believe, within just a couple days of the reveal.
All right, one more question. Is the Mint live right now?
Can you hear me?
Yeah, we can hear you. We are visible. Whisible. Hold on. There is one more question from no caller. Is the Mint live right now?
Yeah, Mint started there four minutes ago. Yeah.
It's right now 1400 pieces left.
Wow. I just want to know what that means, boys. Get by and get by and boys.
Bye, bye, bye, bye, bye.
Visible. You had something to say. Yes, please. Thank you guys for letting me speak.
I just want to know what is the actual token? When is it going to be launched? Has it already been launched?
No, no, the token will be airdropped on the NFT holders. So, like, at the second that we're doing the liquidity pool, we're adding the liquidity and locking it, of course.
Then everybody that's holding the token will actually get the token through the NFT. So only the NFT holders will get the token.
And approximately it will happen, if I need to guess, I can say four or five days. Again, I don't want to say exact time because, again, we're on a tight schedule and everything needs to be like triple checked out.
But four or five days from now, you will have the token and three days from now, you will have the reveal date so you can understand, you can see what kind of NFT you got, what kind of NFT you got.
Hi, good afternoon, everybody. Sorry, I'm having some connection issues around here. But Kinga, I have a question about the various community engagement opportunities that you would be involved in with this launch.
And I, first of all, want to thank you all for creating a crypto revolution here in the world. But what is some ways that you give back to the communities besides the airdrops?
Is there any community engagement initiatives that you're part of or any kind of donations that you do as part of your project? Which is, by the way, absolutely incredible.
First of all, thank you. I appreciate that. First of all, I don't know if you already in our community or not, because we have a pretty big community before the launch.
So we have about on their telegram 1,273 members right now. If that's what your question, what we're giving to the community from the project wise, is that what you asked? Because maybe I did not understand correctly.
Well, yes, the community, but also to the broader general public. What kind of good, I guess, give kind of donations or any kind of special projects that you do that you're involved in with this?
Sure. So usually if you ask somebody like this, he can bullshit you, but he will make the world better place, right? But I'm not going to bullshit you. So we actually didn't thought about what we're going to do if the project went to super succeed.
And we have insane revenues on that. So that's the honest question. We just didn't have the time in these two and a half weeks to think what's going to happen long run. Is this project going to be explode? So sorry, I have nothing to say about and only that.
Absolutely. 100%. Keep on building the community. Thank you guys. And I look forward to investing as well.
Cheers. Thanks, man. I appreciate that.
Any other questions? I have a question. Quick question. Okay, so if I buy on like, so if I buy on the secondary, are you guaranteed the airdrop? Is there a snapshot? Or how does that consist?
Oh, yeah, 100%. 100%. I mean, the presale that we did, it actually had a 10% bonus on the tokens drop. So if every NFT need to get 5 million tokens, you have 10% more. It's just the incentive of the presale, you know, the early, let's say early supporters, right?
But if any one of them will sell that on the secondary market, which is absolutely cool. Everybody can do whatever they want. But if you're going to buy it on secondary market, yeah, 100%. The tokens will be airdropped to your wallet of the holder vault of that NFT.
So, of course, if you buy it in secondary, 100%, you're getting the tokens, but not the bonus. So if somebody sells this NFT on the presale, he's not eligible for the bonus. But again, you can do whatever you want.
We encourage people to buy, sell, whatever you want. That's okay. We're not going to say nothing that anybody just make a quick profit or a quick value that's cool. Everybody needs to do whatever they want. We're not putting no pressure on no one, but 100%. If you buy it in secondary, you're in in the game and you're getting that.
Yeah, the nice thing about this is it works in a very free market, you know, system. So no one's forced to do this, forced to do that, stuck in this position, stuck in that.
Usually, the things that work the best are not only the most transparent, but also things that allow people to function and trade the way they feel is best.
Hi, guys.
It's my mic. Do you guys hear me?
Yeah, we can hear you. Go ahead.
So first time on this space here, I love the project. The fun part is I'm doing something similar with the NFTs and not especially an airdrop, but it will be staking. So NFTs, you can stake. It's a new project on Hedera.
And I had a question about your project. What are the percentages of the airdrop?
Okay, so if you're talking about the tokenomics, it goes like this. 27% of the tokens will go to liquidity lock. 27% of the tokens will go to liquidity lock.
26% of tokens will go to liquidity lock. 26% of equal amount of either, which will give us the fully diluted value of $525.000.
60% going to the airdrop himself, we have 5% on reserve and 8% basically for marketing and centralized exchange listing. Again, important to say when I'm saying marketing.
It doesn't mean that the stock is going to be sold.
This token basically goal is incentive to centralize the changes that we're in talks with them
So they're going to lease us and again to provide liquidity on a centralize a change which something that you have to do
But for your question as a pure for the token holder 60% of the token going there
27 for the liquidity and it's going to be locked. So 87% of the total amount
is unreachable for us
the other is the marketing and social exchange and 5% for the reserve because we don't know what the future holds because if this project is
Going to explode and in six months or one year or two years or whatever
Something going to happen in some opportunity going to be with a huge collab
Or something that we can do with that. That's good
So that's the reason that we put 5% reserve and again, of course all the walls are truly transparent. Everybody can see everything
Yeah, I love it love it very nice ecosystem there. Yeah what I said, I'm doing something similar. So very cool to
See this also happening on other chains. Thank you. Thank you guys. Good luck to you, man
Hello guys
Hey, how's it going? You hear me guys?
Yeah, we could hear you okay, I just mean that 20 NFTs and I just want to ask for the
liquidity, how long
Will you lock it? Yeah?
We didn't thought about it, but it will be like minimum probably I'm guessing again
I don't want to say something because again in two and a half weeks
It's really hard to feel all the questions, but it's not less than one year
So it's going to be in one year until I don't know whatever
But it's something that of course we will say that the community and we will decide but not less than one year
Oh, oh, yeah. Yeah, that's great. That's great. Oh
That's all I'm excited for this project. So I mean you see you say you meant it right? So you're a pirate right now
20 already I mark it out
Appreciate your help and support and again if you if you get the legendary drop it's going to be fully randomized
We're going of course to release a video that is going to be fully random us
So be me. Okay on Twitter or on the
Thank you, man
Had one more question. Oh, sorry. I'm just gonna ask him before he stepped down if he wanted to give us his best
Yeah, I want to ask you a question, what is the minting price?
The minting price is zero point zero five each which is in the current price of it about like 90 bucks something like that 85 90 bucks
Nice nice. Gotta mean some thanks
Thanks, man. Thanks for the support
I'm just excited to have as part of the project some contest for people to give their best, you know pirate are I mean
That's gonna be a lot of fun
You know how it works, right
You know how it works. We can give one NFT for free for the best are that we can hear in the next 10 minutes
There we go
Are be babies yeah, come come on stage and I'll give mr. Best are
There any other questions on stage I know there's a few more people that have just came up so anyone else
I'm just trying to get my best our impression
Yeah, let's hear it like everyone say are on stage
Need to drink some rum first
You know when we were coming up with the token name we wanted to keep it top secret
So we told people it'd be like, you know another one of the rum tokens
Just you know a token name has so much you don't want people to kind of you know
Steal the thunder and so we kept og mf really really tight lip between eight people toys and
And we registered coin market cap so no one else could could could kind of take that from us. So are for og mf
Nice nice
No, yeah, I mean the name og mf on its own like if anyone gets the reference og mf, you know, and then also
You know just like the whole idea that you know
You know, you're changing it up. You're not like you're not following the Pepe trend
You know and I thought that was really interesting because you know
A lot of people would be making a Pepe derivative right now and um, I guess like what was your thought process on that?
Like to not go the Pepe derivative route and like make something more unique. I
Think Pepe was limited enough
I mean, I saw like 100 projects a day that trying to make
So I think like if we would go to the same direction
Which is really hype and really nice
But you know, I mean let's start a new trend right Pepe trend is insane. He really changed
Really quick the industry of the meme tokens and how easy can a project like this blow up to more than 1 billion cup, right?
But I'm saying that's cool Pepe's Pepe
But we're the Pirates and we're going to standard start a new trend
I can't wait to start telling fudders to walk the plank. I mean, come on. Let's bring them on walk the plank. Ah
Yeah, we had we have some new speakers joining does anyone who just joined do you have any questions
If you do just speak up
Well, it's not then everyone could just go back to our in you know, I
Think I think you should let everyone are one by one. I think I'll be better
Yeah, no, I mean everyone who wants to go first
You start
Walking the plank time I think
A lot of people are in up here
But uh, yeah, so how's the mink going? Do you want to give us an update on uh, I don't know what's going on right now
Let me see we have great open see is not updated yet
6,000 let's say 300. So it's
1,200 left
Nice yeah
Yeah, yeah, yeah for sure
keep on keep on everyone keep on, you know, like if you don't hear someone talking just up there at our
If you're not talking you walk the plank me mateys
I'm just added some manure on the stage
A lot of people are joining but they're not saying anything
If you come on stage you have to at least are if you're not are you're getting kicked off
That's the condition
And a cool PFP
You know, I'm bringing some new people up there's more people requesting right now
Yeah, anyone who hasn't art is like getting kicked off stage
Is the NFT sold off grabs
It's a young pirate
Baby pirate baby, go again
You know drop your water
He's got a baby pirate wallet
Nice nice
Hey, man, I'm excited for the mint myself
I don't know if I'm just gonna catch this dead air right here
If I'm talking over somebody cuz I'm rugged but I want to just take my time to put in my
in the booty chest
You see that's a real OGN
We're gonna make Dylan mighty Dylan kite walk of thy plank of
Get me my room
Nice nice nice
Are we ready for this is the mint is like the main voyage is this is that what's going on?
And we're trying to let all the pirates come up and get their eye and salute the our flags
Get ready to go for the maiden voyage. Ah
That's right. It's it's moving. It's moving, you know, and I gotta tell you it's it's nice
Cuz the the contract so optimized. I think when I when I minted 40
I think it was maybe twenty nine dollars and gas to do 40 and one swoop. It was really impressive
very professional smart contract
Always good to have a nice man, man. I always thought it was of their concerns. Yeah
You're what your bullets. Well, how do I joke in my wallet?
Where you can DM you on my Twitter? I
Think it's I think it's locked. It's not it's not me. I don't know my Twitter is locked
No, like I can't DM you. I don't know why
Yeah, I just DM you if you can see
Just wanted before I just before I exit stage door, right? I just want to say congratulations on this movement and
Yeah, anyone anyone new on stage make sure you're already I'm kicking you off
Does the host I'm adding some new people on right now
What was your question? Does the host and co-host have a hashback wallet?
Say again, do you guys have a hashback wallet?
Dr. Diamond answer or King Arthur. Yeah, I I don't know what a hashback. I don't want to
I'm trying to understand what it was. What has been I have a I have a metamask in a couple of but not a
So hashback is basically the wallets for H bar
Yeah, I'm not familiar with H bar I've not played in that ecosystem before
All right, so
Well, I tell you I would I would say if Pepe NFT so H bar, you know
It's just a lot of the topic of this is general, you know coins beam coins
I will tell you that I
Jumped into H bar a long time ago. I got probably a lot of my it's it's fun
I wrote the thing all the way up to 57 and then I wrote it all the way back down to whatever it is
Now five cents, but it is a fun idea. I
Respect the founders a lot. I think they're trying the best
I respect H bar
Good to hear good to hear but yeah
Wanted to ask because I thought maybe I can drop you guys some NFTs. I will be launching soon
Yeah, shoot us the DM, you know, she was the DM all right cool we'll do that. Thank you
That's a good one
Brody are there there are some new people on stage if they want to give us an R or they get kicked off stage
Ark second
Also, there's like a lot of requests from projects if you're a project I'm not letting you up here
You have to be like an individual person
So I have a question
How come there's only six percent unique owner is it because they were able to meant
How much were they able to meant well on the cell on the pre-cell it was 40 NFTs each so probably that's why
Yeah, not probably that's why but that's the reason
But it's going it's going to be diluted the only percent that like probably 90% of the people or 95% of the people are
more crypto committed their NFT committed
So like when they got into this project, they're more interesting about
The meme of course the meme token of course because the NFT market as you know right now is not the best shape in his life
Right, I open see just struggled a few days ago. They hit like all-time low of unique visitors
I think it was one thousand one hundred unique visitors in 24 hours, which is which is disgusting, right?
We had like a 50 80 90 thousand unique visitors one year ago
So like the NFT market right now is not like let's say the strongest right?
Everybody talks about the meme tokens and they're jumping and they're hiking and everything
So that's the reason that that's why people when we capped it with the price of zero zero five and it's more
Crypto committed people the one I got in with like 10 20 it and we got offers actually for 20 and 30 that we declined
Because again that that would fill up our cap much higher and then we had no
Decentralization because somebody would just manage to free 4% from the top two markets up
So just kept it to four to eat each
So that's the reason and most of the people I can tell you in the pre-sale. I think it was like
260 people or 280 people something like that
So you can understand the average right? There's a few people or zero zero five or zero one
But most of the people committed the one eaten above so that's the reason why you see that the unique
Unique holders are not like a four thousand as actually I wanted before right when we started I said to myself
Okay, most of the people going to come in and going to buy with zero point one
I mean, that's a hardcore work right to speak with everybody to write your wallet the text idea to check everything school
But that's fine. I wanted to get to free to 4,000 holders
But that's something that will happen
Of course after the reveal that we will have been much more hype about the NFT
So everybody know exactly what they got and of course
after the reveal we have
24 and up to 48 hours the TGE date of the token and that's going to be the most interesting part
And that's we'll call the tokenomics now
You need to understand that there is a correlation between the NFTs and the tokens
because if the tokens
Perform well, then if T 100% will be correlated with them because if the token
I'm just jumping right go 50x then if T I cannot say that it will be correlated 100%
It will go 50x, but it should go multiple multiple access
Because the only way to go to the staking pool and to get all the tax the 1.5% sell tax
Is to hold the NFT with the tokens and to stay there. So you have a nice correlation between them
So it's not like anybody that holds the NFT and he get the air drop. That's cool. The NFT is worth nothing
No, first of all, it's a really cool NFT and we had a few pic sneaks sneak peeks if you call so
And secondly you have an insanity about that because that's your way
To basically go and to use our first utility and we have many more utilities coming up
We just need a little bit more than two and a half weeks to work it out
Okay, thanks for explaining
No problem
I'm just gonna put my NFT in a hole and on an island just that you know guys
Yeah, there shouldn't be any dead space here I'm like doing other things on my phone
I mean, there's dead space. You have to be aren't you're not aren't getting kicked off stage
I'm adding some new people up right now
Also, and if you're a project account, like I said, just come with your normal account. What up?
Get off the project account come with the normal account. I'll let you thanks for bringing me up, man
Not much want to talk about Pepe your account's been awesome to follow by the way
I really appreciate your insight the 24-hour call was fucking nuts. I sorry yesterday and I was like
That probably can happen and then it fucking happened. I was I remembered that tweet now. It's just shocking. So
kudos to you, man
This is like a blended space with some NFT people and I just want to know
Why are people still buying NFTs one and two? Is it true that the entire space was basically just a
fucking con by VCs and
Everybody basically got fleeced
Shit man, that's a hard question. Yeah, you know what? Yeah
No, I mean, let me let me let me touch on NFTs
So NFTs are more than just profile pictures, right? I mean what you see
okay, don't you see there's like a saying and I might butcher this saying but you know like
Like the loudest like the loudest people is usually the minority, right?
They're like the 0.1% of people are the loudest that those are the ones you hear the majority is usually silent
Right. So when it comes to NFTs
specifically
The only like 0.1% then if they're like PFPs and stuff, right?
But we're the loudest because we're the ones making headlines for these massive sales were the word because we use them as our identity
I think that's incorrect
Well, hold on, let me let me finish. Oh, okay, so
Ideally, right so ideally what mass adoption would look like is, you know, first of all V chain
V chain uses NFTs in a different way for the supply chain, right? Like let's say
You go to Walmart and this there's over 400 Walmart's in China
And they have over a hundred products that are verified on the V chain for a blockchain, right?
So pretty much you scan you scan the QR code or the FR ID chip or whatever
and you scan it and you
pretty much you claim to your email and
Right there you see all the information like okay where this was packaged where it came from and whatnot
And it's you can't you can't fake that like you can't you can't counterfeit that right because once it's claimed
It's claimed like even if it was a non edible object like a something else, right?
Like a handbag or whatever like once it's claimed it's claimed. You'd have to
Send it to the next owner right and that's what verifies that it's authentic
Sort of a certain temperature when it's transported people lie about wine all the time. They're like, oh, yeah
Well, we transported this wine at this temperature and you keep are you gonna take your word for it?
Well, the blockchain will tell you exactly what temperature the wine was transported and that's all NFTs. That's literally all NFTs, right? Because
Which that they could have some metadata tracking it's tracking metadata, right?
Next next is we could go into the government's like IDs all this kind of stuff, right?
Where you know like owner different ownership of like assets in real life like like deeds or titles, right?
Also car overclocking. I'm going at other topics people and talk about no one talk about car overclocking, right? Well
If your car, you know, like if you're buying a car use car from someone that you might not be familiar with, you know
and it's um, and you're kind of sketched out a little bit well, the blockchain doesn't lie just because they you know
You know message the odometer doesn't mean that you know, the blue blockchain can't be can't be changed
So you could you know verify? Okay, cool
Like here's the actual mileage of this car should be and like just stuff like that
I mean that is real-world utility I could that could go I could go on for hours now the PFP stuff
That's just one tiny tiny piece of the pie like I can like they're verifying ownership of like my crypto part. That's cool
It's art. It's hard. I love it. Like the value the value is literally
The value will keep the brand right and we'll talk about why are these things worth money?
but you know how much you know how many
Hundreds of millions of dollars a company would pay for the kind of marketing that the board a pia club like PFP brings you
Or the the punk PFP ever so many people know what it is
Right, how many how many I mean me personally I get over a hundred million impressions a month on Twitter
How much is that how much is that worth right now now think about all the punks think about everything they're doing think about even board
Aps just like all the cool things they're doing and like all that how they're using their IP
That's value and you may not see it that way
But you have to look at it from a business perspective and a partnership and a brand perspective of all these companies that are looking
For marketing. This is a new wave. And um, yeah, this is just in like also like PFPs
Just one tiny tiny tiny little fraction and it's it's niche. Not everyone needs a PFP
It's very nice, you know, and I'll say that like the art market you think there's
Millions of people lining up to pay millions of dollars for art
No, the majority of people look at art and say why would you pay for that?
That's stupid and that's fine. It doesn't it doesn't change the fact that it's valuable because you know, so
Those are my points. I'll let you answer
So heard on the blockchain stuff, okay, like a hundred percent agree with you
But what you're talking about is you're talking about
Blockchain I want to make I want to differentiate here from blockchain token use cases and
Let's just start there because everything you said is correct and we can go on
And I see those things being the immutable
Future right you could talk about real estate and all the benefits there
Everything you mentioned so go into the JPEG section of things
I don't know how you can call it niche and correct me if I'm wrong. I don't think I am here but how can you
state that it's you know, a
minority niche when it's
The driving volume for the NFT market
But yes volume doesn't volume like the amount of money that's pumped into something does it yeah
It brings it attention. It puts it puts it puts NFTs on the spectrum like yes see it. Oh my god
It brings attention to it. Yes, but I mean you could look at the art market
How many how many you know millions of dollars flow through that or any other like high-end markets?
Those are like niche markets the average person, you know
This is not to participate the average person will participate with blockchain technology
NFTs without even knowing it like I just gave you a bunch of examples. Yeah, we participating without knowing it
That's what is all that's what mass adoption mass adoption is when you don't have to change any part of your life
You do everything you do normally
But it's it but but if an NFT could incorporate into your life like into like, you know something like your car
Like I said buying a car like a title indeed whatever that makes your life easier, but it doesn't change your life
That's the thing doesn't change like telling a lot of people preach people should get into PFPs and buy PFPs or whatnot
I mean look like if you like if they want to but that's not
Mass-adoption people coming into this space and buying PFPs is a not mass adoption
Right because they have to change your life a normal person of like a family right waking up every day working your night to
Like they're not gonna like very few of them are gonna uplift their life and go full-time web 3
That's not what this is all about. It's not forcing people into web 3. It's literally about these people doing the same thing
They're doing every single day
But how blockchain could help them change their life same of AI
I think AI and blockchain are gonna really help people's lives in like like I said, like once again, I'll just repeat
They're not altering their life in any way. They're doing the same thing every day
They're just you know, they're
NFTs and blockchain just replacing certain parts to make your lives easier
Yeah, so let me just go back to the original question I agree with much of what you're saying
But let's let's just address it from this frame
Was there an issue or still is there an issue? I know it's it's there's more coming out about it now, especially around Pepe
And that's why I'm kind of on the topic. I was never really into NFTs
I did collect some here and there on on some different blockchains
To support artists that I thought were really cool, right? It's just art I collect art in any form
Was is there an issue with
venture capitalists in the space
basically creating this smoke and mirror effect of
This is a huge project because there's money there's volume
the attention
The with the attention economy this creates a situation where you have false narratives everywhere, right?
Because now you have people looking at
You know sorting NFTs by volume or market cap or you know
Where the money is like what's popular? Are you gonna buy?
Why does everyone have a board aper or whatever you guys are rocking those those pixels? Why did everyone agree on that?
Sorry for a bit. I was just gonna say a lot of it's you know
Amazing because it's community driven. And what I say that is it's kind of like sometimes the innovation and people surround
Projects that are you least expect it like the name itself is kind of silly right board a yacht club
But you know a lot of people including my parents
Maybe they spent a lot of money to be involved enough in a country club for instance, right?
Just to gather with a group of people share similar interests. And so this is more of a web 3 say virtual
You know country club where you can also get together real life like ape fest or go around, you know
Tokyo the apes are getting together or the you know, it's neat. It's a community
So you're investing in in a community that's that's verifiable
Like you can't just right-click and save and suddenly walk into ape fest
It's actually verified that you're a real member on the blockchain itself
So, you know, and I think it's probably a lot better than most forms of identification for any type of group or club
So similar to you say coming up and saying man
I don't get why they have these fairs where people are buying antiques. Why did that antique go for 26 million dollars?
It's just a chest
I mean my grandmother could wood shop that thing and build the same thing for easy, you know
So no, no that is that really the 200 year old Russian chest that you just bought for 26 million dollars
Or is it a fake? So having often having things be able to be
Verified as being authentic and not only for you know ownership of a PFP or or a diamond or
Antique but also to prove you're part of that community is so important
And so yeah, the board eight yacht club is kind of silly, right? It's fun
But it's fun and I think I like people like to do it
I those aspects I get and I and I understand that what I'm my my question again. It's still around
Venture capitalists injecting money into the space
Hiring influencers creating false narratives banding communities together and then fleecing them
That's what I mean. Let me let me
Did this happen?
So let me let me answer that so okay, so here's so there's pros and cons to what you're talking about, right?
So obviously I'll start off the pros right, you know, then I'll talk about the kinds real quickly
So yeah, what you're saying obviously about people pumping a lot of money in to make money. Yes, that happens
That is just the way of the of the market, right?
The way of the market. That's how that's how it moves the pros of that is
It's it's stifles innovate. Sorry, it brings innovation, right? It creates innovation
People want to build they see whether they see they see money flowing in and there are real builders and a lot of that money
Is flowing to people who are building building big things great things in the space and you could say oh my god
There are so many scams. Oh my god. There are so many
You know of these projects that were backed and then they go to zero there. They're worthless. Yes, that will happen
You look at a dot-com bubble how much money flew into those and how many of those went to zero look at anything
I mean look at look just look at this study history. This happens all this is this
History repeats itself over and over and over again
And you know
you can't you can't change the fact of people pumping money into something the pumping of the monkey money the pro like I said is
That it puts it on the map and it brings out innovation creativity people build from that
Right, and I get it
I get the cons like the cons that you all mentioned of yeah people could get wrecked people get screwed
They could get hurt. They could get you know, they could think that this is the next big thing and it won't be but here
No one knows what the next big thing really is like it's impossible. We're not we don't have a crystal ball
I can't sit up here and tell you this is gonna be the next big thing
You could you could say that you're gonna try your hardest because we're all living this is we're going we take we take our lives
Day by day like you could look back and say oh my god, Google. Oh my god, Amazon
Oh my god, like board Abe's or pucks, but no and during that time no one knew for certain
It could have been any other project. You're right
It could have maybe it could have been something other than punks that started that started the crazy, right?
It could have been someone some other than board apes that started doing crazy things
But it was them and that's why they are on the map
They were putting history punks inspired the year to 721 contract punks were the first to do the 10,000
They literally it's the 10,000 size collection
Larva Labs literally like they they set they set the rules right 10,000 NFTs
I'm randomly generated, you know, all these different attributes what punks did and they inspired the 721, right?
That is what's being replicated over and over again. Every single PFP collection or whatever, right? So, um
That is history. That is why I that's why they're valuable. That's why I find value in my punk plus
You know, I you know, I love wearing it as I PFP
It looks like me like I have a web 2 versus web 3 me of web 3 me
I post somewhere and you know, I got like a thin beard. I'm 29
So like I look kind of like this, right? I don't have a mohawk, but I do have
Like shaved like my sides are like a like buzz
I have buzz sides and I don't have like a mohawk on top
But I have like a little bit of hair up top military stuff. So like you looks kind of like me
So I like it, you know, um, but look we got it. We got a wrap up
I just want to go to you. Thank you so much. Thank you guys. Yeah, of course. I just wanted you know, before we go to
You making me crazy, I just want to go to witters real quick and then we'll go to you making me crazy
We're gonna close out. Oh
Goodness. I missed a really good conversation. Sorry. I didn't I didn't know you need to text me whenever you're doing these things
Honestly, like I think the biggest takeaway and you just kind of touched on it is like, where do you find value?
Like is it economic? Where does your worth?
Whenever you're purchasing, you know certain things significant
economic context
Intrinsic qualities and or just like contextual or it's something that like speaks to you and
Then whenever you figure out that
On top of that, like why are you here? Like what is it? It's like the punk
part of your identity. Is that something it like
Creates the number one influencer on all black chains or is it the person that
It does that
So just like figuring those things out
I wish that we could continue. I have a lot of different questions, but for another day, we'll figure it out another day
Thank you witters and yeah, you're right like the punk
I mean, it definitely helped I feel like with I debt it helped identify me
To put me like I guess to the number one NFT inspect right now, which thank you for showing that up
But yeah, we do have to close up in a second here. So
I'll let the final speaker you have a couple a couple minutes talk here
Roger. Yeah, I appreciate you bringing me up man. I was on the company account. That was me
I don't know why I was forced to get on my main account when like Pepe NFT
Only because like because we're you know, we're sponsored by pirate MX and I just didn't want to bring another project
There's another
Um, they're not the project comes in up here, but dr. Diamond and Arthur and Dylan were up here earlier
They're representing the pirate MX. Oh, I love the project. Like I prepaid I have 40 of them
Like I loved I was talking about there's a project Pepe NFTs on Hedera on stage. That's why I was like, why?
That's why I was like, what the hell?
That's our pirate me
Yeah, I was on a pirate account. That's the only reason I was trying to get on stage
I was gonna be like our matey, but look in all seriousness
I was gonna respond to that guy but he left so there's no point
I want to give a shout out to dr. Diamond's and the whole team dude. Y'all did an amazing job
literally 40 NFTs claim for thirty one dollars that is
Insane I don't know what the dev did what kind of salinity magic that he has in his
brain but
Jesus Mother Mary and Joseph that was amazing. Um, I can't wait for the reveal
I'm so glad that I was able to get the funds to like get in on the presale
I just love the team all y'all like I know all y'all personally and uh, you especially doc like you're you're a gene space
Thanks for the kind words blockchain ninja
I love looking that we got
On my screen. It shows three punks lined up in a row all awesome. So it's a great view
So and thank you for coming up and thank you borovic for for hosting us
I mean you you've been a real gem and it's real pleasure just to be part of your space. So
Yeah, um to close I just I just have to say uh, yeah, thank you for sponsoring the space
You know your project. I like I wish you the best of luck. I know you're uh, probably close to minting out here
I know you have
What like less than a thousand or something left and i'm sorry. Yeah, mr
Accident had your hand raised but we were uh, we were we kind of went a little over I got another space
I have to hop on here in a minute. Um, but yeah, like to everyone in the audience
I host spaces, uh pretty much daily. So, uh, yeah, you could uh, if you follow me you'll catch me in a space to come up talk
I mean this is um more about the pirates, but uh, yeah