Yeah, if you tell to me, baby, tell me nice, being the douse is fine tonight, topping your homes on way to polite. I got a whistle for guessing my eyes, be sure I'm fucked, I ain't here to the night, better learn with you on here.
I got a cup of the demons I fight I can be playing some back on the side all of my time is a black or eight white she want to know me I'm keeping it like I could afford it and that in my life I can be walking on back on my fight keeping it peel pushing this
I got a chip on my thighs, cheating up pussy like that shit up ice, baby you know I'm good at it, I'm fine, but I go if I don't get it, I take any chances rolling the dice, baby you know I'm good at it, I'm fine, but I go if I don't get it, I'm fine, but I go if I don't get it, I'm fine, but I go if I don't#
Thought I'd from nothing on Hindi ice, I'll be close when I be spit on me, but I'll get on to things inside of my spout, better let's see, when my mouth bites, I could charge you with my life, get in charge of you in the night, thought of me begging, thought of me nice, it's out of me begging, thought of me begging, thought of me, thought of me begging, thought of me,
It's out of me baby, it's out of me nice It's out of me baby, it's out of me man It's out of me baby, it's out of me nice It's out of me baby, it's out of me man It's out of me baby, it's out of me nice
Yeah, you taught me baby come where I stay, getting up back and I'm like making this money and stay out the way, take me in checks and say okay, taking this shit, I'm dead, my day, nobody's talking, I'm showing a chain, begging on fire, the things that you say, you will your knees for me, yeah, funny for come
I know you don't break. Get it you down and stuff for the big. Said I'm on once you make it anyway. Maybe you notice it. She did I ain't pull up on you. I'm in a C8 holding my own. I make a she say shit. I'm a shoulder. I'm living this way. I want to come on. I'm okay. Coming up down. I'm doing it. It's a good song. I#
They've been away because I know they move and we're fake. Buddy, I love, you turn it in. Buddy, I love, you turn it in.
♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪#
I can't think to change the shot you've been fake to me I'm just trying to let you know before I tell you I can't
I can't keep on getting paid but I'm giving up a play from my people that have made me I can't keep on doing shame than this thing is to create something better than anything else in the future
Good morning everyone. Welcome to the modern market. We run the show for 45 minutes on Monday to Friday at 7 a.m. Eastern time 12 p.m. 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
make money by leveraging the internet and the latest technologies. My name is Bcheck, I'm a UK teacher and lawyer, I trade NFTs, I collect NFTs, I write about NFTs, I'm the author of the snapshot which is pinned up top and goes out daily on Twitter and one time per week in New Zealand. I'm joined by my legendary co-host, Legend
the OGNFT collector, the Air Drop Extra Orderer, and one of my best friends in this place. Legendary has been navigating crypto since 2016, so his experience and knowledge is pretty damn useful, while also joined today by Kenny Swoosh. Onstage, the newest member of the Sappy Seals
community who's always exploring web 3 through threads, a little bit of a litteration there, very happy to have him with us so we can discuss a little bit with him later his transition into the seals. And finally, as a reminder friends, nothing legendary or I say here is 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? GMGM. I had a wonderful Bitcoin P2D yesterday ended up going to the event
that I mentioned. I think there was like 60 to 80-ish people in Vienna and after one hour the first 75 pizzas have been eaten. I had to leave at some point but I saw 25 more pizzas coming. So I think it was a very productive
So, that's a lot of pizza that was consumed. Do you know, given that it was Bitcoin, how much Bitcoin of pizza was consumed?
No idea, probably just a fraction of it, certainly not 10k bitcoin. Oh, was it 10k bitcoin? I thought it was just one bitcoin that was spent on a pizza once per time. No, back then there was 10,000 bitcoin on the post was basically which made me pizza for that blah blah, so like the equivalent of 270 mil for two large pizzas.
Damn, that's pretty, that's pretty outrageous. It was cheap yesterday though. Well, that's, that's good to know. That's good to know that you've got some reasonably priced pizza in Vienna.
Anyone else in the crowd with some thumbs up please did anyone else have some pizza yesterday to celebrate? Or did we Kenny was not eating pizza Kenny why why will you not eating any pizza yesterday?
Hey guys, so I didn't know that there was a thing about pizza yesterday, so I went out and get some pasta instead. I could definitely have some pizza though.
It's called pizza days, not pasta day, man.
Didn't know so many. No problem. Was it some nice pasta at least?
Yeah, yeah, yeah, it was nice, yeah, but I should have gone with Peter to be honest and right now like I can make it up today, you know, the intention is not to make people
feel bad for their eating choices the day before. It was just to bring people awareness of the of the pizza day. Whether you had pasta or any other food, don't worry about it. We're still here today. We're getting by. So
I'm sure you made a good decision with your pasta. Signal, welcome to the stage. GM Beach, check. GM, I had fish last night. I didn't even know we were doing pizza. I had no idea. No one sent me the memo. I didn't get the email.
I didn't get the email. It wasn't emails you get it. He's one of the most important emails around. Clearly, it wasn't flagged in my inbox. So I ended up having fish, but it is okay with everyone. I'll have pizza today just to like in, you know, in honor of Bitcoin pizza day.
that there's Peter down, that basically hosts always events. So, on other hosts events, like if you're a Bitcoin Peter there, you have an event, they hook you up with the funds to get that Peter. So, it is quite a cultural thing apparently. Wait, it's turning into one. Well, I mean, I'll
I'm a margarita girl and I feel like if a pizza joint can't get margarita right nothing else is going to be good on the pizza menu so I always go in with the margarita as a test and if they serve a good margarita you can go and explore but that's just amazing.
That's what I'll do next year on Bitcoin Pizza Day. My Margarita. I agree. I'm the very same. Good Neapolitan Pizza, good Margarita, and then we can take it from there if they can do that. There's actually a very good Neapolitan restaurant in Vienna and if you ask them like for any fancy
topping pineapples or whatever. I was there once and the guy sitting on the table next to me asked if he can have a pineapple pizza and the chef came out and he said, "Look, if I'm going to put pineapple on your pizza, my dad's going to slap me so I'm not going to do that." That's because the customer is trying to wreck the pizza.
That's just like I don't get people I don't get people who start putting ingredients on pizzas That shouldn't be there. It's just like this whole pineapple sweet corn thing I don't know where it came from. I'm like it's got to go It's just got to go anyway. I can see why they call you legendary because you obviously have the legendary stories of pizzas in Vienna
and customers getting kicked out. But guys, I wanted to swing by and say hi first of all, congrats on the spaces I've been meaning to come by. I've got some time today, so I'm going to stick around and have a listen. I can't wait to hear your thoughts on what's been going on in the markets and all the NFT news. So yeah, I just wanted to congrats you guys on the start of a great spaces modern market#
-Legend, thank you very much, Sig. And thank you very much for doing my job in transitioning into the news. I was going to say that the intention was not to make people feel too bad about their performer eating decisions, but we just went straight back into vilifying
people who put the fruit on the pizza snorkels, I'm going to come to you in just a minute. If it's more pizza related stuff and to do with food, eating decisions, we can circle back to it, but we want to get into the headlines in the price action for today. And if you'd like to contribute to something we speak about today, do request now. We will
we bring people up on stage throughout this segment. If you want to follow along, the first slide of the snapshot pinned up top has the details I'm about to share. So please do like and retweet so we can increase our reach. So let's go. First headline that I thought was so interesting.
Hello, you hear me? Yeah, we can, but we're just going to come back to you in a moment. So just stay mute to there for a moment while I go through the headline. Number one, FTX 2.0, the bankrupt exchange, the legendary Ready for a reboot. This was a story to do with the
and CEO of FTX, Johnny John Ray, who's in charge of all of the restructuring and sorting all the mess out. And he's supposedly put down some time which he charged for, which is about designing the reboot of FTX. So it seems like there is a chance that FTX will be coming back
in some capacity. I've read there's a new article out on decrypt about it with a few more details. It's likely to require some further investment, but given how awful people's experience was with FTX, I think that's pretty interesting. Number two, Nifty Gateway. This was lost in the news yesterday, a little bit. Nifty Gateway announces a collective
stimulus. That's definitely something worth looking out for. I think it's for the month of June where if you spend a certain amount, you get a certain amount back. I want to hear people's thoughts on that in a moment. And finally, Jack butcher and certain art blocks collections are really on fire. We've got a nice graphic there pinned in the comments to
the daily snapshot. Some of the stuff is up 20%, some of it's up 30%, 40%, 50%, some as much as 60%, real, real strength in demand in those collections. Moving on to the price action, crypto is a little bit up. Most things up a couple of percent Bitcoin just over 20%
I also almost missed the Nifty Gateway collector stimulus.
So I did log in after quite a long while to see my Nifty Gateway portfolio. Actually was quite shocked to see that I'm level 5 I think it is, having spent between 100k and a mill on Nifty Gateway. Didn't expect it to be that much to be honest, but I'm curious to see if it's gonna
to drive more demand and more sales in June, but the way I understood that it works is so basically on the amount that I've historically spent, this determines the amount of cash back that I will get on purchases in June. Is that right? That is correct. So my understanding, this is
coming from their frequently asked questions. So how do I receive rewards? So there seems to be a promotion window which is in June 2023. Rewards are earned on the completion of eligible primary and secondary transactions. Rewards will be deposited into your nifty balance which you can view in your account.
setting blah blah blah blah, reward percentages earned back is dependent on your level. So it sounds basically, in essence, like a cashback program, it's not as stimulus in the sense that, you know, if you spent X amount of dollars two years ago, now you get Y amount
of dollars back, it's more like if you spend X amount of dollars in the next month, you'll receive a proportion back in the next month or so. So, that's my reading of it. - Beechak, it's what I understood, because now you reminded me why Mr. Pizza email and it was because I was reading an empty gateway email.
based on lifetime spending. So the only thing I'm not sure on is how far back that goes. Nifty Gateway obviously had that huge sort of surgeons back in. I want to say end of 2020 going into 2021. So after
Top shot. And so I think it's it is based on lifetime spend and the only reason why June is coming up is because if you spend now essentially like May, June period, there are sort of like double rewards. So there's more rewards for spending now, but it's based
on lifetime spend. So you can get anything from one dollar if you spent like say to say you spent a hundred dollars or yeah say spent a hundred dollars on an empty gateway they might reward you one dollar if you spent a million you might walk away with a hundred K in rewards. So
just depends how much you spend. Are you sure about that thing? Yeah. So you're saying it's a definitive percentage of what you have spent in the past. Yeah, your lifetime, your lifetime spend. Because my reading of it was, okay, if you spent a
you know, whatever amount in the past, you then fall into a band. And then that band is the percentage which you get in this kind of cashback style thing. Yeah, exactly. So if you spent on Nifty Gateway, say, $5,000 up until, say, today,
you fall into a certain band so just like you're saying and it depends if you bought on primary or if you bought a secondary. So if you bought on primary your rewards are higher but if you bought $5,000 of art on secondary your rewards are lower. I don't have the yeah I've got the email here so if you've
spend $10,000 for your qualified lifetime spend on primary, you get 6% back, but if it was a secondary, you get 3% back. But I only get, like for me, it's the 8% ban, but I only get those 8% back on future purchases that I will do in this promotional period in June.
This is my understanding of it, right? Yeah, that's my understanding. So, Sig, I think it's I would love it to be true. What you suggested, but my reading of it as things stand is that yes, you get that, you know, if you fall it, if you've spent
whatever and fall into expand. I think it's about the purchases moving forward. But yeah, we need to clarify that because that could potentially be a really good stimulus. Legendally, what was your final take on that?
Exactly the same that I have to spend more and the cashmerele get is determined on the lifetime spending so that it prior to the promotional period in June. Okay, interesting. That was kind of my reading as well. SIG, I'd love it to be true. For the way you've described it, I'm definitely going to double check though because
it would be super nice to receive that additional stimulus. What else were we liking here, legendary? Definitely Artblocks Collection, collections moving. I also pinned another tweet by Roto, who was also in the audience. We saw, and you had it as well in your snapshot, obviously, we
So if you're dancers moving from 55 to 87 floor, ringers from 29 to 43. And so on. And I think historically always when we saw a dancers pumping, we saw other collections, other art collections follow as well. So seeing that increased interest in the market is quite a positive signal for me.
Indeed, signal wanted to ask you as someone who's obviously pretty sophisticated in this marker. What have you made of these recent pumps on the generative outside and in the jack butcher ecosystem in particular?
Yeah, so I was going to be distracted. I was going back to an ifty gateway email just trying to clarify if you guys are right on that which would be kind of sucks if you're right because it means I get less money. So yeah, no, it's been really interesting to watch what's been going on on the art block side.
obviously, art blocks like the rest of the market has suffered quite substantially, getting battered as hard as the PFP size, but since this 3AC auction with Sotheby's seems as if the high end of the market has really picked up, and now we're starting to see a bit of a trickle down effect across the
collections are sort of so the main collections that everybody knows are on the art block side which which is great. I think it just goes on to sort of at least for me kind of really cement the thesis that these these OG are these OG are blocks collections are here to stay and whilst they may suffer from the same pullback
that the rest of the market sees on the PSIDE or on the art side, they definitely seem to come back and you know they will be collections that people will buy forever. I thought it was super interesting to look at the shopping list that OSF put together. It was like a sort of a high-end art collection
to dream with a sprinkling of shit coins in there as well. But I loved what he collected on there. I would certainly personally love to be in a place where I'm buying punks, auto glyphs and ringers and just putting it all together nicely and gazes as well. But yeah, I think I think we're going to see this side of
our art blocks continue to pull back and then come back. I don't think this is definitely not going away. If I was looking at art to purchase and something that I want to hold long term, I think these are great examples of what could potentially hold value over the long term, not financial advice, but just watching the way the market
and flows on these collections, they just seem to be reoccurably standing the test of time. Yeah, I definitely, I see that a lot as well. One of the things I've been wondering is if the power laws which tends to work in the way that everything just accrues to the most hyper successful, right? And so there was
narrative for a period of time at least, was like, "Okay, art blocks as a whole, like any collection, if it falls under that art blocks banner, people will perceive this as potentially very valuable." It seems like the particular interest and the demand is concentrating even within
the art blocks collections into particular collections. I just want to ask Signal again, is that something that you think will continue and then I'm just going to go to Jack who's got his hand raised? Yeah, completely, completely agree with you on that. I think, I think you know, art blocks suffered from the same maze
that the PFP side suffered from, which is why they ended up introducing those auction mechanics at one point because everybody was just buying and flipping. And I think what we're seeing now is that the season one art blocks that is coveted, people want to be like the collect
So, I think that's just who want those pieces, I'm going out of their way to have every piece from season one. And then, you know, now and again, you have collections that come out later, which perhaps aren't part of season one, but go on to become quite definitive within their bracket. So, even now, I still think that opportunities always keep an eye on curated and even on factory.
as well because you do get these sort of outliers who are like, "Okay, that looks interesting and it comes in at an interesting price point." But you know, Art Block's is here to stay and Snowfro is not going anywhere. He's an incredible ambassador for the platform, the brand and everything that they're building there. So yeah, it's just one to watch and if you see something that you like, I think you know,
If you can get it on a good weath off, right, it could be quite interesting to pick up for the long term, but buy what you love in art, don't know. I prefer not to speculate on it and just buy what you love and hold. Definitely, definitely agree with that thesis. Jackgk.eath the third. Welcome to stage, your first time on the show.
And thank you for your service. It says in your bio that you are crypto and NFT exit liquidity. We thank you for for your for your profession. And what do you have to say on this art blocks matter? GM GM. Yeah. No, look, this is the A and loving here in the British accent all over the board. Just loving this show. Look,
I think that my take on this is I'm going to try and intertwine a little bit of AI talk, which people are probably just throwing their brow at right now. But I honestly believe like as this space grows and as as AI becomes more and more integral into our every day, as these like informational back
jobs and these other sort of, you know, processes get reduced and reduced. We're going to see a huge increase in the uptake in art and creative, because that's something that AI can support with, but isn't really producing in its own vein as of yet. I think when you look at art blocks and when you look at the
these generous of art collections, which I love it. I love the idea, like Snowfro said it himself, like although he generated the, you know, the code that produces these pieces, even he didn't understand that some of these pieces were going to be created. And I love that idea that, you know, even the artist, which he is,
But even the way they write this code, it gives that expressionism that you just don't see in traditional art and I think traditional art are aware of this now. Like they like it and like we've got Sam in the crowd and if he statistics and proof had been talking about this, I've been following them since it was free for one of these things and damn I've got a pick one of these
up at 12 now, still haven't got one, not going to make it, but that really speaks to my exit liquidity ways because yeah, if it was going to go up then of course I'm not going to buy it. But yeah, I think that's what we're going to see. We're going to see the space continuously evolve, but I think creative and like specifically art is here for the long long
term and yeah I think Snowfro is a complete OG and anything that comes from our blocks and when you see the backgrounds of these artists as well both in traditional world but also in terms of like their technical ability there's a reason why these things are going up and you can see that they're meticulous about the way they curate these art these are
artists, but also the artists themselves in the way that they actually produce art because it is generative. You could just throw a bunch of it into the market and gain huge liquidity from that as an artist, but they're being so specific about how much art they release and they clearly have an understanding of the space. And I think that comes from our blocks and the education when they're
and these artists in and I think the artists have it already. So they know, you know, they can't just throw a bunch of this stuff into the market because it still will experience the same sort of NFT liquidity issues that we can see if they produce too much and there's, you know, more, but there's less buyers than there are, the art that they're producing. So that's sort of my, my jamble take on all of this.
Yeah, absolutely. That makes a lot of sense. I think the art blog's banner is still a very, very powerful banner and that banner will 100% be here to stay. I do think though that there was this kind of concentration into these top collections, which might accelerate the gap between some of the other very nicely created stuff and what has been
received as the most top work. So that's something interesting to watch. We're going to keep an eye on that obviously every day. Let's move into the overvalued undervalued segment where we evaluate some notable sales from the last 24 hours that I've chosen. In general, there's been a lot of sales, a lot of relatively high sales going on at the moment.
But I've just picked out a few here. Legendary if you could pin some of them to the top. When I do present these cells we would love you to get involved. Give us a thumbs up if you think the asset is overvalued or a thumbs down if you think the asset is undervalued. And press that purple speech bubble in the bottom right hand corner to leave us a comment.
with your reasoning, and watching your reactions and comments so we can gauge sentiment and shout you out for your outrageously good or alternatively bad takes. So in the last 24 hours we've had a few notable sales which you can see pinned up top here's the first one. Let's see if we can get through any more than just the one but let's start here. It is the
Crypto Punk number 4680 bought for 174 E 316 thousand dollars. This is actually sold by my friends comfy devil We're actually we're in this small group a couple of years ago in the pixel walk community What do we think guys?
I want to go to the audience reaction first then we'll hear legendaries take see if we can sway him This is a really really aesthetic hoodie crypto punk thumbs up for Overvalued thumbs down for undervalued Let's see crusher with the thumbs up saying is overvalued Randall also
thumbs up with the overvalued rect rect hyena thumbs down undervalued card codeners convinced that this is undervalued grams thinks is overvalued literally we've got a bit of a mix in the crowd what's your what's your initial take care it is in my opinion
a tad on the value. It's a very aesthetic punk, I think, without the mold, it would definitely have sold for like, I don't know, 78E, even more, but even with it, it's super aesthetic and definitely a bit on the value, in my opinion. So hold on a second. How much are you saying that this mold is depreciating the asset?
70 to 80 if I would say probably Okay in the crowd new game in terms of overvalued undervalued thumbs up if you agree that a mole is going to Decrease the value by 70 to 80 thumbs up if you agree with the mole jack and thinks the mole
is a terrible thing. He's completely in agreement. Kenny, you're not so much in agreement. Cardinals in agreement. Everyone's in agreement with the legendary. This is ridiculous. This is absolutely ridiculous. Greggy finally someone sees sense. Kenny, you are not in agreement. What's your takeer?
So guys, I didn't even know that it was like there to be honest. I didn't even notice that. So I don't know. If you have it on hands in the future legendary, you can give it to me to be honest.
I will make a good deal on it. Yeah, I think you didn't see the mole canny because you're probably a normal person. Probably a normal person approaching this heavy punk looking at it thinking, "Yeah, that's a nice punk." So I've got no qualms with either for the people
really zooming in on those pixels well played that is an interesting thing. In terms of time, if you want to see some more notable cells, obviously check the snapshot above there's some other cool cells pinned to the top, but we're going to keep it moving today. Moving into the discussion part of the show, I'm just going to start us off by
by giving everyone 10 more quick hits of news from the snapshot pinned up top so we can springboard into discussion on any of these topics. Number one, Campy Pander's Pump Pre-Blend Announcement. Number two, Jack butcher Christie's auction concludes more auctions to come. So I think the
three elements, NFTs and physicals that are being sold are at 11th, 11th and 14th at the moment when I checked earlier today. So huge success with Jack butchers, Christie's. Number three, only force announces comeback tour in a cryptic tweet. Number four, this is a super cool thread about the Taiji penguins, physical/digital
user journey that was revealed written by Saiga who usually writes really good explanatory threads on more technical contract stuff but if you're interested in how the Pudge Penguins have executed on this physical digital journey definitely have a read of that. Number five, rep guys celebrates one year is absolutely crazy that it has only been one year
since Repguy has been alive. Number six, in the creator corner section of news, Ripcash announced an innovative physical digital artwork with a hidden seed. This is a really cool piece of art where you get the physical and it comes with a digital, but in order to get the digital you need to
to scrub out a part of the physical, therefore ruining the physical bit to get hold of the seed phrase to access the wallet of a super cool interesting mechanic. Number 7, the plague seek talented short form video creators, always interested in how creators are being looked at, how they're being viewed, how projects are trying to
to create more content, short forms seems to be the way at the moment. Number eight, tempos to create ticket artwork for the FTC festival. That's a festival being held by some people we know in England, up in Manchester, in the summer. And finally, creator Kenny Swoosh joins the Sappy Seals community
the second dot swish to leave, maybe not leave, but move their profile picture over to another community. So definitely want to get into that with Kenny in the second. Legendary, what's taking your interest first out of those 10 pieces of news or nine? I love the project.
Pudgy Penguins Thread. I also pin it on top. I think we talked a lot about Pudgy Penguins in the last couple of spaces. This is probably a good time in place to announce that we will have Luca join us on Thursday to talk more about Pudgy Penguins with the man himself.
I'm definitely going to be an interesting space to join. I like the only force come back. The comeback tour, although I like the comeback per se because they have only force bags and they actually love the art quite a lot. Also I have no idea what the comeback tour is going to look like. And of course I'm also very curious to hear from Kenny.
what made him change to the Sappy Seals community. - Yeah, absolutely. Let's dig into one of those things first. Yeah, let's go straight to Kenny actually, because I definitely wanted to include this and I reached out to you earlier.
today Kenny to see if we could get you to join. You've definitely been someone who has been writing really useful, informative and interesting threads for a while now and wanted to ask you how this Sappy Seals by the opportunity or decision came about.
Sure. To be honest, I was thinking about that, like when I got my hands on my clone almost a year ago, I thought that I would try to use
use every single file from the 3D files that was available and the filters in Snapset. So I tried to learn Blender and 3D animation but it didn't happen.
found my lover found that I love writing threads at one point so as a condo as more condo creators were joining Sapi Seals I was kind of interacting a lot more with
the web and the community. I thought that they were super great. And yeah, I don't know. Like it felt the right thing at that point. It's not something like to be honest, like Clonex has an amazing
So Clonix have an amazing community
for creating content around AR and VR technology and at this point threads are like not there let's say they're strong part so
I wanted also to be around people that are good at content creating and writing so in order to push me become better and that made me change.
That's super interesting to me. Do you think one of my observations from what you've just said is that it sounds like different communities will become known for either particular skill sets or have different specialties just like other
in university, universities become known for being particularly good in one subject but they might not be good in another subject. So I studied history so I went to when you look at the university rankings in the UK you'll have certain universities that are really high up for
a particular subject but then they're really low down for other subjects. So I think one of the things that will see happen is that as brands build themselves out they become much more known for particular types of content or particular types of skill sets and then we might have a
congregation of people who coalesce around that idea. Is that something that you see happening? And if that's true, what was the thing that made you pick Sappy Seals compared to other brands that might do similar things?
So yeah, I totally agree with you to be honest like we are seeing that right now if you can see better like an analyze of your more communities you can definitely check those those people
that are focused on the month thing. So let's say, to be honest, on my radar was huge as well, because more and more content creators. And if you take the NFT in spare view, we will see that the top six are writing way, way, way.
better threads and also in my own opinion it's subjective of course but you would have one of the best and most attractive arts in this space.
I don't know if I would go there, I definitely would think about it very hard about making the reason that I picked Sapsis was firstly that I had a few interactions with Wab and wanted to support him.
And the other one was just the lack of funds I didn't have in 1.3 of the investment there. Yeah, that's completely fair enough. I think there's two really good points. Obviously one is the actual people because in the end we're betting on people here.
people can sway your opinion to a great extent. So knowing people, having them making you feel welcome is super important. And then, yeah, of course, you've got the price aspect which seems to make sense. I do think it's interesting that you went for you as like this kind
kind of not a backup, but it was clearly in your mind as a potential as a content creator. I have definitely noticed that on the timeline the last month or two that you seem to be going in that direction. I don't know if that's intentional or whether that's
is something that the community is running with, legendary, as someone who is a youth and who has been crushing on the content side for a little bit now. Do you think that that's something Frank and the team are pushing for youth or is that something which has just happened organically?
I think it's a bit of both. I think Frank and the team are definitely pushing everyone with a D-Gods or Ud's PFP creating content to get that extra reach by Frank and both the Ud's and D-Gods official accounts, retweeting and just helping people to tap in the community.
I think it's also just that the community per se is very supportive of its content creators and helps them get that extra reach, interacts a lot with one another. And I feel like there's a lot in the youth community who are a bit obsessed with NFT inspect and the rankings, and so am I to some
extent to be quite frank, which definitely contributes to that. And I feel like once you have a certain number of community members who have a decent global reach and they support each other with their content that creates some extra leverage and synergies. Yeah, absolutely.
fascinated with this idea of how different communities will become known for particular things and how the leaders can encourage and stimulate this type of thing. Jack, you've got your hand up, so I'm going to come to you in one second and then I'd love to hear from Signal 2 who is a prolific content.
creator on the internet, so I'd love for it to have here her view as well. Jack, what's your contribution here? I think what you've got to look at is Uteless and how the team actually selected this NFT group, this community, you know, this wasn't just like a random
or even a pre-ment. This was people when they bought their use or minted their use was selected and through an application process. So the idea that the team in some way curated people who were creating content and this is now seeing like a huge impact and also just it meant that
they were active on Twitter because that's how they push this thing forward. So you just get a much more active community with the Utelist and how it's been set up and I think that had a major impact to why this sort of content creator mentality is sort of stemmed from that group. I think it goes all the way back to the Utelist and how that was first set up.
That is such a good point. Thanks so much for bringing that up and reminding us. I had completely forgotten about that, but you're so right in the sense that if that was something that was really intentionally curated and looked for specifically back then, then it completely makes sense.
and that they've managed to cultivate a particular spirit because they were going through it in a hand kind of picked way. So yeah, thanks so much for that. It's super important to remember. Signal, I wanted to throw to you here to get your opinion on how
these content, how these profile picture communities and a tea communities are becoming known for particular things and what which ones you are looking out for and what specialities you're looking out for. So do you mean sort of more on the individual side?
representatives on the like the Twitter accounts who specifically tweet about So let's take whale dot swoosh some whale does swoosh so you know whale dot eeth so whale you know when I'm I'm you know I'm just look at the quality of the threads to be honest
If somebody is a good threat writer, then they're a good threat writer. And I'm not really too concerned about which community it comes from. However, you do start to see a certain pattern sometimes, that certain communities sort of certain Twitter accounts with certain PFPs or kind of
seem to come from the same community writing high quality threads. So I think it's awesome to see this side of sort of PFB content writing happening right now because we're seeing the projects lean into that community more and actually using them as
the evangelists of spreading the gospel of Pudgy Penguins, spreading the gospel of Azuki etc. And as well when that particular account has a track record of writing independent threads and then they come to write about their own community, I feel
even though they are biased, I naturally sort of, let's say believe more what they're writing and take it as gospel simply because of their track record, how having great threads. And I think someone like whale.eth is a great example of that.
Absolutely, I think that's really important. And I think that's something which people should be really mindful of not trading anything in for. I know that lots of brands and projects are looking for people to partner with as we speak and one of the things
that might be a part of that discussion is like, okay, everyone will need to decide how much content will be about the people who are paying them in some way, whether it's by helping with reach or whether it's monetary, and then everyone's got to decide where that line is, like, how much does it
go to this, does it focus on your content? How much do I get to keep my own voice and my own kind of decision making? Because that's your reputation. Your reputation precedes you, you've built up all of this good will from people and people have to make that choice at some
point like okay how much am I willing to give up control of my own voice and I think that's a really interesting thing that people will need to wonder about so I think that's a really good point that you've made there Kenny what's your final thought on there? I forgot to
I mentioned something else in the context of all of that. Of course there could be definitely someone that rocks another PFP or his own face for a PFP. So in the right about the threads and he might be also
So, very good writer, but I didn't mention that it has to do with the internal reach and engagement of the community as well. So, as I am an account of less than 10,000 followers, I have, I have, and have still have,
a lot of struggle to pump up my engagement and my views at first, especially in the first few hours of my third. So definitely a community that is engaging with other
the same PFP is helpful as well. And also, I have, like, in the end, like, when I posted that I was thinking about switching to SapiShins, the community was so like,
so loving and engaged with my boss that I have never seen anything like that. Yes, I made my first boss that I changed my BFP and once we just got me 15,000 views like it's insane, like I have to run
likes that it was not possible with my Clonix at that point. Yeah, that's it's super interesting and the reason why I like to focus on this type of thing in the second half of the show once we've kind of done the news and the headlines is because I think it's
really, really interesting, the emotion that is attached to these identities and how people feel so strongly if someone changes from one to another and how a whole group of people in a community can feel super strongly as people change from one thing to another and I think it's something we need
to pay a lot more attention to, or that even that the projects themselves should be seeing this and seeing like, oh, this is what happens when Kenny changes from a clonex to a seal. This is what happens when Wales
who's changes from a clinic to a zookey and just thinking like, okay, well, if this is what happens, who else is available, what can we do to help, to make people want to be, to kind of cross the bridge into our
And this is why I think that community is so important and this is like always as a struggle to explain the value of our web three communities to people who are not in the web three space and to explain what it actually means to
have that kind of community in the Web 3 context and it's just so empowering to see how you can get started and get the support of the entire community just because you're lying with the brand identity and take it from there. But also talking about content Jack I would
really love to hear from you because I saw you posted your first all your threats today. What was the like, ideation process behind it? Great question. Realistically, I just had a few people in a few Discord, so like, Jack, I do not have time, I work,
I love your threads but I do not have time to read them but I'd really love to listen to them whilst I'm working so if you can sort that out then that would be great and I was like well that's going to take me a fuck to the time if I'm being completely honest which you did but I thought it was at least way of just testing out the wall
So I wrote a thread ironically about pudgies about Vicon and essentially you know the impact that these IRL conferences and meetups actually have and so I thought it was quite sort of app to have a IRL voiceover of the Twitter content in
see how that works. So yeah, we'll see, I think shadow bands and etc. of like completely crushed my engagement recently. So I don't know if it will be worth doing in terms of use, but it definitely it was worth doing in terms of the people who asked me for the content that people I really look up to in the space. So decide to give that one a go.
That's quite interesting. It's also always great to see those experiments with new kinds of content because I feel like a lot of people experimenting with video and it's something I have been doing myself, but I actually never thought about the idea to just use my voice to narrate over a thread and it's pretty cool.
That means a lot, man. Coming from you. Thank you. Yeah, I think this is super interesting. I think Twitter is going to get more and more interesting and compelling to create content in different ways as Elon tries to figure out how to monetize four creators in a better way.
way. So that's definitely something we will keep talking about on these spaces each day. However, guys, this has been a fantastic discussion. We are running out of time for today's show. So we're going to wrap up in a moment. But first, we always want to leave you with something useful.
to think about well that's what we usually do but I just wanted to go through some of the comments that people left earlier because we moved on quite quickly. Crash has said that he was giving a thumbs up saying it was a good buy and that he needs to give more coffee. He needs more coffee. This thumbs
Thumbs up thumbs down things seems to be confusing a lot of people guys is not super complicated thumbs up if it's overvalued thumbs down if it's undervalued I know undervalued might be a good thing sometimes but look that's just the thumbs system that we're working in and Cardinal said on the punk mole when you're shopping in the high
The highest echelons of digital profile picture art, every pixel matters. Let him do you must be a very refined art collector to have spotted the mole there. And Randall said, I think when considering the punks, we have to consider every pixel, its provenance and non-hoodies are iconic.
So overvalued, my thoughts anyway. So it seems like people really want to make sure we consider every single pixel for these things. Those are my final thoughts that I'll be walking where 1100 is anything that you'd like to point us towards.
We should do an episode analyzing crypto pangs by each and every single pixel of them to come to the perfect assessment of the value. Pixel by pixel that will be the future analysis. Excellent. Okay guys, so that brings
for your audio thread, that was super interesting to learn about and your broader contributions on the ecosystem. And thank you to everyone in the audience. You've decided to spend your precious time with us today. We see you and appreciate you very much and hope we can do it all again with you tomorrow. So have a wonderful day.