Good morning everyone, welcome to the modern market. We run the show for 45 minutes on Monday, Friday at 7am, Eastern time, 12pm, GMT every day of the week. We discuss all things to do with the modern market, that is the crypto market, the NFT market and how to
I make money by leveraging the internet and the latest technologies. My name is Beechek. I'm a UK teacher and lawyer away, used to be at least. Now I spend my time trading NFTs, collecting NFTs and writing about them. I am the author of the snapshot, which is pinned up top and goes out daily on Twitter and one time per week in New Zealand form.
I'm joined by my legendary co-host Legendary, the OG NFT collector, the AirJop Extraordener, and one of my best friends in the space. Legendary has been navigating Crypto since 2016, so I think he knows what he's talking about. Sometimes at least. Finally, as a reminder, friends, nothing Legendary or I say his financial advice
This modern market is exceptionally risky. No one really knows anything for sure. So please proceed with caution and exercise your own judgment. With that out of the way, legendary, how are you doing? Good morning. I'm excited to be back on stage. Didn't speak in spaces for two days.
Obviously getting withdrawal symptoms, so it's good that it's Mondays, good that we're back. I had a pretty great morning because I finally got some more clarity around my newsletter. I told you that in private, I think, worrying a bit about GDPR compliance when using Substack or B-Heif.
especially as someone who is living inside the European Union. And I did talk to a GDPR expert today, had some very great news for me, also allowing me to migrate by subscriber list and just being able to focus more on building that newsletter without being a
of potential GDPR implications anymore. That's pretty good. If you spoke to me as a formula, I was just said, don't worry about it, man. Don't worry about it. True, but we have this very particular case in Austria with Benz is his name who actually sued
Facebook, now meta, who sued Google. And what's successful even going in front of the EU court with that. And for example, as an Austrian business, you can't use Google Analytics anymore because of that lawsuit that's going on. And there's a lot of lawyers very much specialized in
checking content creators, websites, back home, seeing if they have Google Analytics, Pixel, et cetera, and just trying to make money off of that because it's not legal anymore here. So may not be paranoid, but it feels good to have those thoughts taken care of.
Yeah, that makes sense. I think, yeah, the Google Analysts thing is ridiculous. The fact that a whole country is now can't use it. And obviously the objective is to keep yourself out of litigious proceedings. I wanted to ask mate, you're getting ready for Lisbon this week. Yep. Have you got your yellow bike?
I have a yellow bucket hat. I got my custom merch. I showed that yesterday in my GM post as well. I'm pretty happy with it. So you really have the bucket hat? I have a yellow bucket hat. Yeah. And you're gonna wear it all the time. I'm not gonna wear it all the time, but I'm gonna wear it on special occasions where you know people wear yellow bucket hats.
occasion. This I still have to figure out. I think I think I'm gonna wear it for my panel bill and running around at the conference. But like no one else would dinner or party in the evening. Are you gonna have a yellow tracksuit if not a hazmat suit? I mean I have the yellow Adidas.
I do have them it's quite intense but my excuse probably will be that it's too hard for it in Lisbon. Maybe you could wear... I think you just got to be in character man you don't really exist anymore you're just your character
I am actually my character as a real person doesn't matter anymore Becoming my youth becoming legendary. Honestly, honestly, I'm sorry for interrupting but legendary man I thought for I thought you were gonna sound like a D-Gen with all those poses you do like you can't like this influencer, but you're a grown man with with
with some smart thoughts. I know, just the first time I'm hearing you talk, so just something off my mind. I really expected you to sound different and act different. Try pretending every day, being a grown-up human. It's not easy. Yeah, just wait till we get to the news.
have fairly interesting things to say about all this stuff. Yeah, I think we might buck the trend a little bit. There's no kind of shouting, there's no melodramatic behaviour. It's actually a fairly thoughtful space is above the news and the headlines. Apart from we poke some fun at
the yellow tie, the legend is going to be wearing in Portugal. Talking of the news, we are in news spaces. Let's get into some of the headlines and the price action. But before that, if you'd like to contribute on something we speak about today, do request now, we will be bringing people up on stage throughout the segment
and if you want to follow along the first slide of the snapshot is pinned up top it has the details I'm about to share please do like and retweet it so we can increase our reach so let's get into it rounding up some of the weekend price action crypto is fairly flat but
Bitcoin was down a percent at 26,800, ETH was down a percent underneath 1900 at 1770, 8 was up a couple of percent at 320. I think this is kind of to do with this, the Apple news where a lot of meta-birth coins were up. NFT volume
was down the last 24 hours, about 20 million, blur was under 10 million open sewers at about 6. The top collections though absolutely, well some of them ripped over the weekend, Baudet might be fairly flat at about 47-E, crypto punks were down a touch at 52, mutants are back up at 10, but a zookey absolutely flew
above 17th now. That was in the 14 to 15th range for quite some time. D got also hit 10th at one point in time before it's now settled just under 10. Moving over to the headlines, you've got this Apple, I don't really know what to call it, the Apple AR announcement, the glasses announcement.
announcement which is incoming very much anticipated for today. As a consequence of that there was a whole basket of goods which there's a tweet from Mando linked above which was kind of the Metaverse coin basket and lots of these coins were up kind of in advance of this announcement. Number two, Frank D. God's
I think it's something to do with it. You can verify your holding and it automatically follows your account from the official accounts, which is pretty cool. And finally, as I already said,
I mean, I definitely want to go
continue last week's conversation on the Apple classes/mixed reality headset that we had before because I did read more about it and especially like from the company's perspective from Apple's perspective and it was interesting to see that for the first time there seemed to be like a
public discussion/debate around it in a sense that not everyone in the company's management is happy with pushing for the release right now. And that wasn't really the case with other Apple products before, at least not having this as a public discussion, I'm sure that we're in terms of discussion
discussions all the time, but the argument kind of goes that it's not actually ready to be deployed to a mass market, and the counterargument goes that you need real user experience to test it, and it's going to be an expensive device. It's room to be around 3K expectations for alpha
products are typically high as in, you know, being finished products and not like some kind of paid better testing. So it will be interesting to see how the market both our metaverse baskets and the stock market will react to the first reviews and experiences with that mixed reality headset.
Yeah, I wonder if you've got the same article up as me. I've got one up from the verge. Kind of mentioning the same things you just said, that $3,000 price tag. One thing that it has that you didn't mention is that even Apple reportedly expect slow short-term sales. My cynical brain is probably
going to an area where it's like, I don't know if that's really what they think. That's just something that they're putting out as a way to dampen expectations. But I just feel like the excitement, at least on the internet, is huge. Like it's absolutely huge for this. So do you think that it won't necessarily be received
particularly well from the market. I think it's super hard to say but I also think if you have a couple of use cases for mixed reality, it is a very very impressive feeling. For me, someone who uses VR glasses almost three to four times a week using my Oculus Quest and having used
mixed reality for the first time where you walk around in your living area and you suddenly see things that are not there, which are not the result of a drug-induced episode, but of a mixed reality experience is pretty damn impressive. I think I told you the example last time of having your wall
in the living room that you kind of can mark in the Oculus Quest Pro and have it replaced by a forest or by a beach and suddenly your living room opens up to an environmental landscape in a way which is super impressive and a bit challenging actually for the brain to process.
Yeah, it is super interesting. Pigs of property I see with your handrails. I've got one more question for legendary than I am going to come to you on this AR topic. What did you think legendary about this run on the Metaverse basket of coins? Things like Decentral Land, things like Sandbox, things like
ape even kind of considered a metaverse play. What did you think about that? I think in the short run it is a bit hopeful thinking that you know this announcement and the Apple Mixed Reality glasses are going to tie into that. In the long run of course that's going to be an important factor that we have other
waste to experience metaverses, but right now it's just a pump on the news in my opinion, not something that would sustain for longer without follow-up announcements. I don't know if Ape were to be one of the first featured experiences on Apple's mixed reality glasses that would be completely different, but
without a follow-up story I just think it's pumping the news. Yeah, I agree. I think that's a little bit premature. Pixel property, you've got some glasses on yourself. Are those AR glasses and what do you think about this AR sex with news? Yeah, GMGM.
Can you guys hear me because I'm in the middle of the street so I don't know if I have that back I know it Yeah, we can hear you Yeah, regarding this I think I think the I think it's going to pick up much quicker than the which reality Because I think
If you want to be like the means like more people to come to the space, I think it has to do with mixing like real life with the method. I don't think people want to sit and you know like in this TV world. Like I think in the future like you can have those glasses while you're doing
like maybe sitting in a cafe having a Twitter space where I think more and more people would be joining Twitter spaces than the regular TVs and you can actually like open people's profile and get to see their collection and which communities they thought of in front of what you're doing you know your daily life activities. So I think they are the first company that
that needs they are, I think it's just way too big rather than be on. Yeah, I agree. I think it's a super important period of time. Obviously, matter, I think just the day before, if you don't mind muting again, pixel property, thank you. Yeah, matter just the day before, two days before,
announced their third Oculus. So it's definitely something we want to watch. Legendary, what about this D-Gods announcement which sent prices moving up quite swiftly. Obviously as a U-Tolder you must have been pretty excited by it. Could you please explain the mechanic for the people who
want to be completely up today, if people just need to make sure they know what's going on and then give us your take on it. Before I explain the mechanic, let me take a step back and provide some additional context. What we saw on the weekend is essentially the Discord servers.
which were separate for D-gods, for Udds, etc. All of them merging into one single server. That's also part of a, I don't want to call it rebranding because it's not, it's part of a redesign that moves us into the next season for Udds and D-gods because both those projects are.
arranged in a way that there's like multiple seasons to them in the sense that a fashion brand like Supreme would do that for their own collections as well. And as part of this discord merge there was a new verification system that you mentioned in your snapshot the DID and what happened before that
before I'm going to get into that is that we saw last week, both the DGODS and the UTS account, I'm following absolutely everyone. And this led up to that new verification system, where as a holder you have to verify in the Discord using the very own platform to do so. And if you do and if you're a holder,
There is a little button that you can click. I will also share it in my thread above. And then you will be followed if your user is told about the user count, if your DGO is told about the DGO account. And this is more significant than you might think at the first thought, because it's not simply a vanity metric in my opinion.
very easily accessible way for you as a holder or someone who has interest in the community to have like you know one single place on Twitter where it can go to and see who else is a legitimate holder of a youth and is on Twitter because this is a solution that like many projects you know try to came up in it in their own way we saw it with okay
bears who had like an extra platform for that. We see it with Moonbirds and the Proof Profiles where you can link your Twitter account but like it's always you have to leave Twitter and go somewhere else to find it who is a legitimate holder of the same project that you're in and you digots made that very easy as part of that new verification system.
So this is really quite innovative. This is very innovative in the sense that am I understanding it right that basically they unfollowed everyone and now that only people who they will be following are their holders. Exactly. Which means they've got this super focused following.
who they will continuously support and encourage actively via the Twitter account. This and also like the holders themselves, you know, having an easier time to connect to one another. And this is like not only help
for smaller accounts who are in one of those two or both communities and try to build their account and build relations with their fellow holders. It actually had also a significant impact on bigger accounts. A couple of hours to that announcement, I think when
and you'd set around like 300 followers or some things, like the first 300 users were verified. Even I got like 60 to 70 new followers who I didn't, I wasn't aware before in the community, like you'd have seen before. So that was pretty fascinating to see. Yeah, that's really cool. I think
Yeah, that's, that is a very interesting development. Do you think there's a danger? Because one of the things we've always spoken about, okay, what's the utility of an NFT? A, make the number go up. That's like the primary utility, although at least that's what people want. But in the absence of that, number two,
is like in which community can I be seen and pushed forward the most because I want to grow as an individual in this space and we've spoken probably before about certain communities being very stingy with the retweet button and like pushing the
and they're elevating their own community. I think this is a very innovative step, a kind of, yeah, a very innovative step to make, to ensure that they are completely aware of who it is that they need to push and making a concerted effort to push those people
Yeah, I very much agree because it goes beyond, you know, Twitter's verification system, like even if you have an NFT that happens to live on a theorem that happens not to be like in a staking contract and you can pay for Twitter blue to verify it and have the hexagon PFP. The only claim you can make is that
you know you're able to legitimate owner of that and you actually own a board ape or whatever it is but you still don't have an easier time to find your fellow holders. Very good point. Thanks for property. I want to move on to the next section but as a you holder I want to give you a little slot to say what you need to on
What's your take on this big change? Yeah, I actually want to say like with what what Frank and Yutzen, the gods are doing I think like when you look at yoga for example I think they want to go into this like think of the next world of World Cup while while Frank is working on more of the social aspects and I think
working on the social aspect would be much bigger. Facebook and World of Worker. Facebook is more and more people can actually use Facebook and actually want to pay more. So I think bending on the social aspect with the NFTs is a much bigger choice than something that people can actually use.
I feel that moving is a bit more of a better direction. I can definitely see their specialization in the
the social aspect as you said. Let's move on. Those are the headlines. We're going to give you 10 more snapshots of news a little bit later, but we're first going to go into the OVALUDE undervalued segment where we evaluate some notable sales from the last 24 hours. When I do present these sales, we'd love you to get
gives us a thumbs up if you think the asset is overvalued or a thumbs down if you think the asset is undervalued and Legendary we're gonna go to you first on this one you can see up top We've got this ether rock making an absolute comeback from the dead
$130, $248,000. Legendary will go through first, then we want the crowd to respond to you with a thumbs up if they agree with you. Actually, let's do it like that. Thumbs up if you agree with Legendary, thumbs down if you disagree. Legendary, what should take?
It feels very absurd to say this and I know there's been a lot of wash trading also going on with the etherrocks historically but this one I would say is only slightly overvalued because it's pretty much in line with the last sale that we saw which was at 129 east and the current floor
right now is a bit lower than that at 120th. So it says just slightly overvalued really. People in the crowd, what do we think? Seage is an agreement. Odie is in agreement. Got a lot of people agreeing with you.
Tomukas your own stage you are the founder of Zen Republic what's your take a UN agreement with legendary I think I saw thumbs up and I mean I totally agree that it's all over valued right I mean like look at this truck look at this truck alright in that sense right but still I still have my my
I own opinion that this is not anything with utility. As Legendary said, this is just something with historic value. So those that understand the historic value as an art piece, sure 130th they buy it, thinking that in 10 years it's going to be millionth because it's either rock or something like historic.
So, on offense on this one, but you know, all right. Fair enough. Yeah, fair enough. I mean, I would have definitely agreed with you, but allegedly providing that data, I had no idea to be honest that the floor was that high and that was the recent transaction.
history. So yeah, maybe not as overly as we may think. And maybe you know what I would be really curious about, you know, the community also obviously has that on Discord as well. And you can verify your ownership of such a precious precious rock. If this is the most, you know, coveted
and best alpha chat in all of web 3 and this is actually the reason why everyone buys in into it and we don't know about it. Do you think that there is a chance that that's true? No, I was just joking. Okay. But I mean it makes sense it was like launched shortly after crypto punks. There's only a hundred rocks of them. So
If you attribute historical values, something of value per say, and this is such a small collection, and we've obviously built the narrative in the bull market around the rocks. We've seen consistent sales in the bear market, then there's something to them, and we'll say. And sometimes it can be the case that
discord membership or when certain people are just in a particular group, there is outrageous value attached to it irrespective of anything else. For example, the Azuki spirit dial trades at such a humongous premium to the rest of the collection, I'm pretty sure purely because of the type of people
people who are involved in that group and if you want to be in that group that's the cost it takes to get in the group and yeah there's real value just for that access not sure if that's the case in this case but let's move on to the slinky squiggle this
This was sold for 21,800. You can see it pinned up top. There were another couple of sales of squiggles in the last 24 hours about, I think it was 10.2-Earth and 10.5-Earth. The floor squiggles is now recovered up to 10.9-Earth. Let me read what did you think about this one.
clearly undervalued in my opinion 21.8K. If you compare to the current floor, as you said 10.9E equals 20.4K, the slinky trait actually does command the premium. It starts trading at 14E, goes up to 15 and then 16E,
So a very thin floor on those, and even among the slink keys, I find it to be outstanding in a way that it just has this color harmony, almost like one color going on, which others don't have, into the same extent. So I would say it's on the valid because it's just slightly above floor, but actually a pretty cool looking Andre as Quigal.
Interesting. I'm going to ask the audience a bit of a broader question instead of that question in particular because I've always been fascinated by squiggles. I think they're a very very iconic collection. The question I want to ask is at a 10.9-eatth floor
Do we think the squiggles in general are overvalued with a thumbs up or undervalued with a thumbs down? What does that take in the audience? Thumbs up for overvalued at floor at
10.9E undervalued at 10.9E floor. Swizzy with the thumbs down, CJ with the thumbs down as well. Zero with the thumbs down, Odie with the thumbs down. Lots of thumbs down here. Undervalued at 10.9E.
Yeah, I agree. Yeah, people love this group. It's just it had been a little bit disrespected recently in that rundown recovered with the generative bounce after the last Sotheby's Grails auction. So that was kind of interesting. One interesting thing
to note is that the next Grails auction is this week. It's still in the next week. Sorry, Falsalon. Let's move on, guys. We're going to move into the discussion part of the show now. I'm just going to start us off by giving everyone 10 more hits of news.
from the snapshot pinned up top so we can get into discuss any of these bits of news. Number one, Bank of Japan reports on CBDC experiments. I read the summary of the report so you don't have to. I don't think it was very illuminating. They're just experimenting, playing around.
No real conclusive points at the moment. Number two, when Mercedes revealed the mint details for their launch later this week, it will be a duck's auction on Wednesday. They've partnered with a very prestigious generative artist. Definitely check that out if you like generative art. Number three, chimpers to attend China.
NFT festival. I think it's really cool seeing how some of these IP brands are branching out, looking at different locations, trying to grow, you know, getting outside of the Twitter bubble, going on to Instagram, TikTok and the other places and going physically to other locations as well. Number four,
$35 million lost in an atomic wallet hack. That looked pretty scary. I think it was five wallets that was responsible for the majority of that. Number five, Influences BitBoy and Ben don't want to spend too much time in it. They've separated. They're no longer friends. Ben.Eve is no longer in the Ben coin. That is now purely for Ben coin.
boy who cares what goes on with them we try to avoid them as possible but they are newsworthy so one you to update wanted to update you on that. Number six, Elon to host the Democratic candidate Robert Kennedy Jr on a Twitter spaces of course in the creator corner section of the news we're always looking at
different elements that we are interested in as creators online all the time, Elon you'll know hosted Ron DeSantis last week who is a Republican candidate doing the same for a Democratic candidate soon that is interesting to see very bullish towards the spaces as a platform. Number seven, good
Google released 9 free courses and generated AI. If you're interested in that, check it out. 8. Jack Butcher previews next potential set for Opepn. I think he wasn't necessarily in love with the reaction, so it might not make it through to become a proper set. But that's pinned up top
if you want to see what it looks like. Number nine, Tripto reveals the story of Robert Mallory, prominent generative artist. You should know that Tripto is the largest checks holder, one of the biggest collectors in the game, and he has discovered this generative artist's physical work and has been working on this collection for
quite some time. I've been speaking with him about it for quite some time as well. Very interesting to see. And finally Arthur Hayes publishes a new blog on how the bull market is forming right now. Legendary of these 10 piece of news, what is taking your interest? Loads of interesting news to the gesture
I would love to go into the bull market forming, but it is way too complex for the remainder of our time to explore that because it goes very much in depth into monetary politics in the United States. The other news that initially caught my eye and I had a similar reaction to you was the Bank of Japan.
this lengthy report, didn't make it through all of it, focused also on a summary just as you said before. And it didn't really have that much content as I expected it to have. Essentially it says they experimented with the digital yen as every CBDC does by nature.
experimenting with digital currency, experimented with different in various blockchain platforms that they tried to connect it to and that they have a positive outlook on it. But I expected it to be more substantial. Was your summary more information rich than mine? No, I think it was pretty much similar.
I think they're doing some high level experimentation at the moment, but there's no concrete things to proceed on there from what I could tell. Yeah, so pretty much the same sentiment. Another news is Twitter Spaces hosting the Democratic candidate after we had the Republic
one last week and it really goes to show the importance that Twitter Space has inside Twitter's ecosystem but also outside because a couple of years ago you wouldn't have thought that you announced running for presidency in a Twitter space in a live audio
and this is a pretty powerful news, especially, as it is used by both Democrats and Republicans. And I honestly didn't expect Twitter spaces to gain that much significance in such a short time. Harlem has it been out like a bit more than a year, right?
Yeah, not very long at all and if you think about its functionality, it's pretty terrible. It's pretty hard to use, it gets rugged fairly often, it's pretty difficult to slice up your content and do things after with it. It's a very, very
primitive at this stage and as you say the fact that it's being used to announce the runs for potential presidents is pretty significant. Did you see the way you think there isn't even a desktop version yet? I mean of course you can use like your Android emulator and run it off a MacBook
But it's still a mobile only app and it just looked it up. It was launched the first tests were started in November 2020. So it's one and a half years. And again, only a mobile app that you're using and, you know, not that easy if you want to do it like with a professional audio quality, have your mic hooked up and everything.
Yeah, exactly. The question I was going to ask was, did you see how mainstream media reported on the way that it went? Because the timeline of it was they tried to open it on Elon's account and they had
like 650,000 people tried to get in immediately. It crashed the system. I don't think it crashed the whole system, it just crashed that to it's bases so it couldn't work. They reopened it on David Saks' account who is a prominent VC in
He's also in that all-in podcast. That's how I've come across him. I think after maybe 10-15 minutes of hiccups, just making sure it was working smoothly, it didn't work fine. It went okay. But I think they tried to present it as a potential disaster.
because it just like didn't work for the first few minutes and when in fact they got loads and loads of reach in the end I think they had millions of views in the end. Yeah I mean considering that is a massive live audio event on a platform like Twitter spaces I think it went pretty well for that.
But I didn't see how the traditional media tried to portrait and how you just shared that. Yeah, I think it was pretty disingenuous to suggest that
The fact that it didn't work for a few minutes had any kind of meaningful impact on anything really. Because sometimes I mean, if you think about it, it's like when they do these press conferences normally, people are a couple of minutes late or a few minutes late. It's not a big deal. You just wait.
until the thing is working. But it's interesting that I mean what are the implications of people continuously trying or knowing that they can sidestep traditional forms of media now? What do you think the implications are of that and how
how what can we be doing if anything in addition to what we are doing to make sure we're on the right side of that. I mean, it's pretty similar to, you know, the now years old struggle of traditional newspaper and struggling with getting advertising deals done when
everything moved into online and to this media having to adapt to that. And we've also seen like other platforms who started to experiment with live audio, I think it was CoinMarketCap, which is owned by Binance, who also started to host like a similar
like spaces on the own website, so that could potentially be a thing that's big enough to traditionally media try to adopt to that they implement, you know, their own version of live media consumption, live interactive media consumption, just in a way that Twitter space is place out to be.
Yeah, that would be quite difficult though. Do you mean doing it? I agree. I agree. I agree to the main forum. I agree though, it would be quite difficult but still.
I think that as a traditional media company you have on the one hand to well adapt to those new technologies by using them but also like to try to come up with
a twist on that kind of new tech for your own company because it do understand that as New York Times or something like that, you don't want to be dependent on the continuous success of Twitter spaces for your own content formats that you wanted to hold.
Yeah, that makes sense. I want to pivot slightly and compare a little bit of Twitter spaces with one of the other pieces of news from the snapshot. We were talking privately about how, you know, in terms of our own
business and vision about how to grow the twist spaces, how do we think about this, how do we expand, how do we keep doing this well. And one of the things we've noticed is that particular projects like Jim Puss for example
For example, going off attending different locations, we've also noticed brands like Pudgy Penguins. I think have created a Pudgy Media account and they may have even, I'm pretty sure this is correct, they've separated it into different locations.
What do you think, like, in a world that is kind of pro-internet and kind of decentralized in a sense? What do you think about this re-nationalization of certain aspects? Like, you know, let's have a Pudge Asia account or let's have someone in charge of going to, like, a certain
For chimpas, for example, there's a person who's going to attend their Chinese event for them and then there's a Pudge Asia account and could there be a Pudge Europe account? Could there be a Pudge Latin America account? Like, is that the way we might go? Do you think in order to focus a little bit more on these niche locations or
Is this like a decentralized thing and everyone can just be together? I think it's a move that makes sense at a certain scale for multiple reasons. First of all, different cultures. If you look at car companies, Mercedes-Benz, Asia, Europe, individual countries, Middle East,
and so they also have regions and countries and it's just you know you have a bright range of products you have completely different cultures creating a completely different subset of demand so it makes sense to address that like in a more individual way to your customer base and that's probably something we're seeing with the bigger web 3.
brands as well. And on the other hand, if you host more events, if you host more spaces, if the community grows, you simply won't find the time that works for everyone. It's just like with, you know, the Twitter spaces that do web three news like ours, we on purpose decided for that time slot because it works well for
You know, lunch break in Europe. It is 3 p.m. in Dubai. It is I think 7 p.m. in Hong Kong. So it's catering like to a completely different audience than hosts who are on the East Coast, the West Coast. So it's just a result of the growth of the brand I would say.
I think this is a helpful question though for the people in the audience who are trying to consider, I mean ultimately we're all here trying to leverage ourselves on the internet in some way, even thinking about when you post, is there a time to post that would be better? I know you've made a quite concerted effort recently
And so, if we were to run the
PM so that we can hit their morning time. And the answer to that question is no because it's simply not possible, not sustainable for you as an individual, as a company, as a creator, to be marketing yourselves to like a completely different market because it's just going to be so cumbersome for you in your life.
to be able to execute on, that it will most likely fail. So one of the ways we were talking about it was we decided, okay we have to make it work for ourselves, it has to fit into our lives, into our normal times schedule, because if it doesn't, then it just doesn't matter.
That basically means let's go after our own market first. Like the market that you're in is the market to capture. It's a bit naive, I think, in some respect for people in one place to think, "I really want to get the American market. I really want to get the Chinese market." But at the same time, it's like, "Well, if you haven't got your own market yet,
What's the chances you're going to be able to focus on that much larger bigger one? What do you think about that? Yeah, I very much resonate with it like always you know start in front of your own doorstep because I tried for the longest of time of times to you know cater my account to a US audience focus on posting my threads
It's late at night from my point of view in Europe, etc. I was always underestimating the reach and the community size in Europe. At one point I was like, it's not sustainable. Not getting enough sleep. I feel tired to stay up until 3-4 am in the morning. I have to get up for meetings at 7-8 pm.
or some things I'm sleeping three to four hours and it was where I couldn't keep this pace going for a year, two years, three years, five years for the long run. And I absolutely changed that focus and started posting and creating content around my own native and natural times
zone, falling like my own, you know, bio rhythm in a way. And it is big enough. I mean, it just, you know, looked at my GM post from five hours ago. And I know that GM post, you know, do get the highest of engagement, but still goes to show that it has 22.2 K views.
than 300 comments, almost 500 likes, 40 retweets, etc. So the audience is big enough in Europe as well, you don't have to cater to a different market. You have to make it in your home market first. Yeah, I think that was one of these big shifts in thinking that it's very tempting to get tempted into the thinking big
and thinking about the other markets when really got to take care of what's at home first before looking elsewhere. Tom, Tomas, what's your take on this topic? I mean, in legendary honestly said much of it. I just maybe would like to add that
The audience that you try to reach is the one that you are living in that cycle. If you like to wake up early in the morning and go to 11 p.m. That's your audience. How you feel natural, how you feel the best. You set your own rules for when you're going home in the post
You know that you can keep this up. It's not something that how long am I going to be able to make posts at 11 p.m. This is you may get a lot of attention from different groups like that, but it will eventually sizzle away when those people that are natural in that zone, they're just going to out out
I would stay in that zone, so I would like to add that. Absolutely, I completely agree. What do they say? They say something like, you have to be very careful about the following that you create, the people that you go after. Because in the end, if you were to
to say you were successful, say you were successful in the scenario where I'm going to go after the LA crowd and I live in London. Say I was successful, then what? I'm basically in prison. I'm in prison for the rest of my life creating stuff for a particular time zone. Okay, I'm not actually in prison. You can obviously just decide to change whenever you realize
that is not sustainable, but you basically imprison yourself into a lifestyle or a type of content that you don't actually want to make or that you won't be able to make for a long time. So I definitely agree with that. That's something, I hope that was helpful guys, that's something we've been thinking about internally. We've definitely been doing a lot of
reflection on that and frankly the last couple of months you can see from Legendary's account in particular and mine to some extent just doubling down and doing what's best for you as an individual has been really reaping rewards and Legendary, do you have anything to find to say on that?
Yeah, one more aspect for that is that you're always going to be like a competitive disadvantage if you know an example you just named trying to keep up with the LA crowd you're not going to unless you have a plan right you're not going to fly to every event in LA you're not going to be able to meet up with
the people that you connected to on Twitter in real life, you're always going to have that competitive disadvantage to someone who's local there. Unless you make a commission to move to LA and just spend more time there. But if that's not the case, then it's a very difficult strategy to fall in the long run.
Absolutely, pretty inspiring stuff. I like this. It's good to talk about the different ways or some of the mistakes that we've been through, some of the traps that you can fall into as well as the ways we've come to the right conclusions over time and doubling down on what really works and what's most
natural to us. The guys, this has been a great discussion. We've now run out of time for today's show. So thank you very much. Thank you, legendary, for co-hosting, fighting all of this amazing insight. Thank you, Tomicus, for your concise and insightful take.
and thank you to everyone in the audience you've decided to spend your precious time with us today we see you we appreciate you and we hope we can do it all again with you tomorrow have a wonderful day
I'm on top of a living in a taxi She been playing games, no screaming, trying to test me, like I'm feeling moody She just wanna use me, story in my life every day, feel like a movie I'm gonna let a game walk around with a tooly Air Force 1 is on my phone