hello hello and welcome to another edition of nft market monday we're waiting for some of our regular crew to jump on hopefully we'll be getting the full crew here shortly
very excited to be speaking with the team from main nets today
welcome team how's it going
good good how are you pretty good man and a great weekend over here looking forward to getting into all the news and diving into your project there
absolutely yeah we're pumped to be here thanks for having us awesome
and we got joe how you doing joe
i'm good man my daughter's a little under the weather so i've been home getting some work done but other than that all is well exciting times i just saw the magic eden announcement about their multi chain thing that looks fun i hope you guys talk about that today
sounds good well um yeah we're just uh doing some reps here but it looks like we're able to get started we're already moving along through the hour
so definitely everybody looks it looks like we got a lot of people sharing comments already that's great do note the tweet that we sent out the post we just did a couple hours ago there is a giveaway for the space
five lucky winners are going to get 100 worth of nets which is the the token for main nets
so make sure to follow those instructions there retweet like follow all the regular stuff and you
can get in there for a chance at the end of the space to win that special prize right on and i
think we'll just jump right into it you guys from main nets for sure feel free to join the conversation
as we're discussing the news uh and like i said by the end we're gonna we're definitely go deeper into
main nets so i'm gonna pass it over to flower for a news rundown and we'll go from there
exciting time in the crypto world huh like the markets have finally started to tank a bit yay
it's not just up only for four days as i have predicted the etf was not an immediately bullish
event so you know the the approval of the etf seems that it was indeed priced in a bit and
what we're seeing now is btc trying to break below that psychological 40k barrier for the first time in
a while now so yeah to those you know of you who thought that etf is just going to turbo send
to new all-time highs front running the bitcoin having i guess not we'll just have to wait
another half a year or something um in fact yeah some people i talked to are saying that if we now
lose this um 33k is very likely and so you know i hope you took some profits we've been chatting
with our doc yeti about you know how you can have a plan but if you don't execute on it
whatever um so yeah it looks like now now it's going to be um a funny period because i i did think
everyone was a bit over bullish um obviously none of this is financial advice i'm not a financial
advisor you shouldn't be taking me seriously i'm just the guy that's been you know patiently
waiting on the sidelines watching everyone around him make bank for the past half a year
and i'm now ready to deploy when you know just i i missed a lot of trains and i've seen things
getting serious lately so you know time to scoop up some cheap coins when we get there looks like
shamsi is missing today from the panel so this is pretty much the only piece of price action
analysis you're gonna get regarding mainstream crypto so unless you know anyone here has
some better insights into into what's waiting in the well i guess crypto world
we should just dive into the specific news i guess and there is a lot of exciting stuff to cover
i'm also hearing and this is why we have i guess phoenix down on the panel as you know he doesn't
show up as much but when he does it's poised to to get a bit spicy yeah i'm hearing there's
there's a spicy rubbish segment in progress can't wait to hear it obviously um i just skim the
headlines of the thread it's also pinned and yeah you know it's another one of those another piece
of content regarding major brands or influencers or you know entities with literal millions of
dollars behind them who already made it and they don't need any money but they're still plundering
the loot from their followers and using community as exit liquidity sucking them dry so you know
oh yeah baby just another another day in web3 i guess okay um let's let's move on to some headline
news first i wanted to touch briefly on the gaming updates pixelmon is still building their floors are
pumping they're about to reach to eth now and everyone is starting to take them seriously like
i remember a year or two ago some people wrote them off you know or were like just
yeah they they i guess raised a lot of money but you know if the leadership sucks we can do
anything with it and it looks like they're gonna fix it and you know some of the game previews
that we've been seeing lately are really fire so and they also have supposedly more games
developing inside their ecosystem as well then we have yuga announcing that they will be
relaunching dookie dash i think just last week we spoke about them with hustle pedia and it's a
shame you know he said it's a shame that the game that was actually decent isn't on their
website anymore or like isn't playable well i guess they listened to his advice because you know
putting it back in is like a good strategic move then we have shrapnel running a three million
prize pool event or tournament or something that's you know one of the biggest in the gaming
web 3 space up until the date so far i think it's like really a lot of players are excited
for that then we have another game pixels different name than pixel mon again um they're
a farm game and they just concluded their leaderboards they took a snapshot it was heavily
bought it thus they decided to purge some people from from the actual leaderboard and they said
they will announce that 7k people out of 100k will qualify for their airdrop and their tge soon
perhaps it will happen by end of month um speaking of snapshots and airdrops zeta changes today
announced that they'll be releasing their own and then we also have the manta airdrop
um they completely botched it like this is probably the first major layer 2 chain where
you know they have to actually turn comments off under their tweets it was so bad like the community
was let down i know people who bridged over there you know the the lowest amount you could bridge
was points to five eth and they took a playbook out of you know blast book they they you know you
locked eth in their ecosystem and you were accumulating points and rewards and you could
merge those i guess boxes into nfts but you know what people got for their allocation didn't
even cover the gas fees required to breach the eth so you know not not everything in airdrops
is free money if it's diluted and over farmed and the team doesn't allocate enough enough tokens
to the community that's what happens and yeah additionally just a few days before they launched
their token they announced a partnership and launched on on Binance where people could stake
bnb to get tokens and of course you know they allocated almost the same amount to people on
that centralized exchange than community who's been farming it for months so people on Binance
actually had like a decent shot at entry and there were only two days to stake so there was
a lot of bnb locked in there i think something like 15 million bnb tokens which you know
if you convert that to actual dollar amounts it's like quite significant
right um then in other news
we also have and this is i guess wrapping up already we have steady stack they're they're
seriously building and like their ecosystem is quite action-packed and they announced like
this new i guess not new but like a really good polished roadmap for 2024 and they said that they
will be devoting a lot of their time and efforts to bringing value to every single holder in 2024
so you know we've been covering them pretty regularly on the show but you know you can still
read more about them and and keep track on it and now i only have like two additional news or two
questions for for people on this panel really one is for doc yeti um is avex copying salana with
their new phone or what's going over there i just saw you know you posted uh how they're always
chasing and then if brightie is around what's going on with budgies like they're still the talk
of town and their floor in comparison to other nft collections is just completely sending um they
they're about to flip yuga if the momentum keeps up and like i like to know what they're building
in that ecosystem but i guess let's go to photoshop first since you have your hand up
well i i saw you mentioned airdrops and i know that you personally have kind of dedicated more
time uh and attention to airdrops and farming these airdrops have you personally seen any
success yet success yet in that space and and or what are the ones that you're the most looking
forward to uh that are that are yet to drop um you know me right i constantly fail right i'm
late to the party on many of the things i i choose to get into so yeah i i think i'm like actually
down just from gas fees and you know trying to to get on some stuff so no like the direct answer
to that would be no um but i am like it's it's a long-term game you know it's like
not for all the degens in crypto because it's kind of like for delayed gratification
sometimes you wait for for a certain airdrops a year or two even and the only things i like
got was some some minor stuff but what i'm like you asked what i'm mostly involved in currently
is farming tokenless layer two solutions which you know scroll zora zk sink and obviously some
bridging protocols that are now popping off and people are saying they're over farmed or whatnot
but you know still looking for a decent chunk of allocation if they drop because some of the
you know some of the valuations of these projects are quite high and for example like
wormhole recently raised like i think to more than 200 million and similarly layer zero
they announced that they're they're looking to release their airdrop in the first half of
this year and their valuation is in the 700 million as well so you know some of these
are not to be skipped over if you ask me just you know you want to do some transactions over there
and hope you qualify that way but would you go ahead yeah i would definitely call out the
jupiter exchange airdrop that's coming round one of jupiter airdrop is they've dubbed january as
jupiary they have four rounds of airdrop coming the speculation is that they're going to do
one round every january it's one of the leading vexes for salana when you've seen all the volume
kind of move from ethereum a lot of it was going over to jupiter swap they have a bunch of
different great products their dca feature is super cool they actually just added perps as well
so that's a big one look for that airdrop to be coming out if you haven't qualified for you can
definitely check i mean if you've used jupiter there did like a 200 juke welcome bonus so even if
you like just made any transactions over there i think you might got that so we'll definitely
double check on that one should bring a lot of liquidity into the space good call out on wormhole
they raised 225 million at a 2.5 billion valuation they're definitely going to be having an airdrop
would be checking that one out dimension another good one dimension airdrop was also
given to pudgy holders and a few other popular nft collections the token was trading at
five dollars otc um and i think like the average person got at least like 100 uh dym tokens for
dimension so that's another one you can check out um it was evm compatible for a few different
protocols so you might have qualified even though you don't know about it um so yeah i just wanted
to add a few of those topics for airdrops yeah speaking of airdrops on salana i think
tensor is always also worth looking into they've been called the blur on salana so you know imagine
actually getting into blur early before they even had their season one that's another one i would
look into if you're if you're trying to get into that niche um also another thing on the topic of
airdrops rabbi wallet also announced that they took a snapshot this week so you know you're
probably late for that but it's it's a really good wallet like rabbi is a wallet that's trying
to compete with metamask and you know once you download it and just play around with it
a bit you're not gonna go back to metamask now this is not a paid shill like we're not sponsored
by them but seriously like try it out it has so many features that you know
so what everything that's basically wrong with metamask they fixed you know they they have like
alerts when you're interacting with weird contracts they also like display all the funds you have
on all your chains you know you you don't have to switch chains to know which where you have gas
and they also show you like you don't have to manually import tokens they do it for you you
know it's it's just a more clean interface and they also like track if you locked any liquidity
into any pools or if you have any token staked you know it everything it shows up nicely
and what's more you you don't have to even like add chains manually they they have a set of
chains already important and you just cruise along as you enter interact with many the apps
on your you know daily operations look yeah you have a hand up yeah so i also i love rabi you
know the one thing i saw that they announced a snapshot you talking about that photo picture
that they put up or something else yeah they said they said smile for the camera and just
put out this tweet and you know people thought it's in relation to the snapshot they'll be
of course but you know i to me that to me as a marketing player that they haven't actually
finished taking a snapshot that this is an intro to a campaign to onboard more people that's my guess so
i don't think you're late and i think you should try rabi the only comment i have on it
aside i mean i do really enjoy it um two things about it you have to be aware of number one is
that it certainly doesn't have the history of metamask so although it's superior you are buying
into at a time when it hasn't had the same amount of uh stress testing and security testing
and the other element is that there's still a few sites where i've had some difficulty getting
it recognized wormhole being one of them or the portal protocol so i currently am still using
utilizing both uh as extensions and will swap between them occasionally but certainly we'll
be looking at transitioning fully towards rabi just for the token recognition and cross chain
token recognition alone it's far superior yeah a few thoughts on that um well the the airdrop
could also be done in chunks right so you know they could be multiple snapshots so you're right
like you should you know just dive into it for for the functionality alone but also for the airdrop
yeah you're probably not too late um and yeah it's early right so a lot of these websites will
not pick it up but you have an option to block metamask but sometimes even that doesn't work
and you still have to shift back and forth like you mentioned so i'm also currently using both of them
but whenever i can i i just you know default to to rabi um since we have you up here do you want
to comment on the avax phone yeah listen i don't know much about it i thought i first thought it
was a joke it's not avax i mean it's on avax as trader joe that seems to be putting it out
at first i thought it was a meme but it looks like they're doing it and calling it the joan
so listen i don't know i don't think this is alpha this is certainly isn't alpha it's not beta it's
probably down in the delta or worse range of level of uh you know things that you should pay
attention to but when i first saw it it just seems like they were chasing the soul phone and
and avax was a little bit behind on trying to pump their memes by announcing that community
fun towards meme coin so just seemed like chasing to me um but you know something to keep your
eye on if you need a new phone go check out the avax one if you missed the whole soul train
and uh let me know how it goes yeah i would actually like be surprised if
companies don't take advantage of the hype that salana created with their phone right it's just
an obvious thing to do just create you know a similar similar phone to theirs and try and
market it and jump on that hype train um i see britey you came up we were discussing
the the flippening earlier and it's not the flippening in eth in comparison to bitcoin
it's the flippening of pudgy penguins to yuga like what's going on there is is the pump justified
or are they getting into a territory where it's a bit overvalued at this point in your opinion
with surprises i don't really like you know why it's all like all these like new prices happening
with like new funds but i guess it's just like how it works it's so more and there's like some
some big people buying that i think hey bridey we can barely hear you buddy you're gonna have
to adjust your mic or i think it sounds you're very very quiet underwater yes they're not
from different it's better now
it is this actually okay i guess i just like need to move closer that i use the same setup as always
uh so i was mentioning i think like it's not so much about the valuation that like surprised me
i think like penguins needed to like reprice higher for like a long time should i compare
what they didn't compare to other projects especially like looking at like more like full
market valuations of these projects like we've seen like we've seen like so many projects and
like the 50s range that like had like delivered far less even though like market time was obviously
different but really surprised me it was like the speed of the pump like to me like pump should
be like more gradual and like not these like oh we just like don't do anything for like weeks
and then we just like reprice by like two acts nothing can you hear me yes you're still very
quiet so something's wrong with your mic let me just rejoin them
hey while he's rejoining i know you're talking about pixx come on earlier and i'm sure they're
building something great but it would be just a true web3 fashion for them to re-rug us all
it would be incredible and i tell you the day that that happens if that happens i'm gonna buy
whatever ugly nft or whatever ugly product they provide because we know what's gonna go
what's gonna happen there yes discount right but the issue over there is that basically
the only thing that's you know intact from from last cycle is the treasury you know they completely
revamped their own old product it's not even pixelated anymore you know it's and what's more
their entire team is just different you know it's it's not actually the same guys that raised all
that money and that you know created all the hype now these guys who are in charge now actually
look like they're gonna you know start delivering and start you know actually pushing out some
products i'm super disappointed i'm not gonna lie i was praying for their demise because i wanted
that kevin to go to zero and then buy it and put it in my vault so badly joe well i'm curious
was as you talk about price action from pudgies i think pudgies has done a few things really
really well as far as putting out their ip what they've done with their gifts what they've done
obviously with their with their physical products and going into stores and mainstream i wonder i
know that originally yuga and their price was pumping quite a bit based off of everything
that they were giving to holders for free and all of the the token drops and the the mutant apes
and everything to reward holders and i don't know that i've seen now granted that's not a
sustainable practice for an nft but uh i haven't seen the same movement from pudgies and i'm
wondering where the value is for buying because that you know to my knowledge are they putting on
big parties like ape fest are they doing the things to reward holders and build that community
or have has it all is it all based off of the ip that they've built because i i'm curious about
that price action because i love to see them succeeding i think it's a great project i love
the meme ability of their of their uh art and everything but i'm i'm just curious how
the price action compares right like with what uh some other projects who've seen uh high floor
price are are offering in comparison test how's my mic sounded good yeah i don't know like i always
use my phone for space so now i swap to my pc which i was like super skeptical about because
that's like a new feature but yeah same same thing i was saying i think like the what's
like more surprising to me personally isn't the um the like valuation i think like pudgies like
needed to reprise since like forever because like if you look at like what they've done like
throughout the bear market where like a lot of other projects just like went afk basically
i think there's like a lot of like sense to to like the valuation but like really surprises me
is the way these these pumps happen in this like super like stepwise uh fashions like it's not
like oh we'd slowly grind up it's like oh like penguins go sideways for like three weeks and
there's like no news no anything and we suddenly just like 2x and it's not like there's any like
specific like insider alpha there's like certain rumors but like all the like stuff that's like
really like known i guess overpass is coming up but like that isn't like something that's like
like newer like was like just like recently announced like everybody that like followed
parties kind of knew that like overpass gonna happen like end of last year early this year
so it's it's not really like any new info that came out so to me like the the like rapid pump
is surprising i think the valuation isn't that surprising like considering like what we've seen
like other projects add and like considering we're like kind of going back in the bull market it's
like really niche like the only nfts that really are in the bull market outside of parties i'd say
are like gaming nfts i mean neo tokyo is also like kind of like returning to like more of like uh
bull market valuations but let's say like that's also like kind of gaming niche although it's
like more of the community but everything else is still like kind of bleeding but if we if we
consider like going back into a bull market i think like the valuation is like super like
surprisingly high or anything i think a lot of things that you guys mentioned are like on point
the first thing is art is actually dope like they have a very cool ip that they can brand with
but also like this is important right they actually stayed around like they they actively
are participating in other web3 ecosystems like a lot of projects like you said went afk
whereas they just you know grinded and reached out for partnerships and stayed down in the trenches
and resulting in you know they're now building on zk sink and having partnerships with with a whole
zk sink chain which surely you know over time will translate into every pudgy holder basically
getting an airdrop from from that as well and then you also have you know they they're just
considered cool these days everyone wants to be a part of them or give them free stuff
like we've seen with some other airdrops they just you know pudges all automatically they're in
you know if you hold a pudgy you get a chunk of the allocation it's it's just the meta um in
in the last few weeks and we've seen a lot of that and you know this is what constitutes a
successful project where where everyone just wants to you know associate with them basically
um yeah i think we covered that pretty well it's definitely uh moving in that direction
be uh board apes kind of heading on the downward and uh the penguins are definitely on the upswing
there's a lot of that in this space for sure just like you know like you said whatever seems
cool whatever people uh are into then that gets the momentum i'd like to hear from our man phoenix
down who's up on stage today as you mentioned if when he's around it's always a bit interesting
uh we've heard him griping a bit about this uh one subject which is uh uh dulce gabbana is
that how you say it right i don't even know this brand so well but i think i did get into it uh
dulce i think i did uh get into it with you uh back in the day you were you were all excited
about it and i think i lost plenty of money on that one with you but uh you you want to
you want to just give us a little recap and we'll let you vent this is phoenix down venting moment
here oh boy we've been waiting for this one let it run let it run i've been waiting two years for
this so everybody first of all i need my man luke star up on stage please can someone
facilitate this looks me and luke star we called this out ages ago we saw what was happening the
crazy thing is neither of us sold so i mean we're kind of we're kind of dumb but i mean
yeah please get luke strap so uh dulce and gabbana launched something like two years ago
an nft project and it's just been a complete disaster and we've all been rugged at some point
right and you go through different stages of emotions like you're angry you know you're in
disbelief you're in denial we're at the stage now where this is just the funniest thing in the world
like we've been ripped off for like you know five figures but it's just hilarious because
of the incompetence and there's never been like a more cast iron example of a soft rock than this
one but no one's heard about it but today as you can see in the pinned tweet at the top
some guy with a quarter of a million followers i think he's a platinum box holder and they had
to pay 40 for those things and he says that all he's got for his hundred thousand hundred
thousand dollars is one one t-shirt one hoodie and one pair of shoes
this is the shit that we've had to deal with for the last two years
and finally only someone has said something about it today i can't believe it's taken this long
so um lukester are you coming up like help me out because i'm i told you i don't think i can
get through this about hysterically laughing having trouble adding them here i don't know maybe he
needs to drop off to try again okay um yes okay i'll try and keep this going if you have any
questions please come in and save me because yeah but i do i do actually like what's the timeline
on this like how how did that happen like can you break it down a bit more like obviously there's
a mint and obviously if you want to sell for what they raised 17 million or like how you know you
obviously have to have some hype behind the name it's not like just just so easy or something and
then you know if they just went quiet then that's a clean rug but you mentioned it it resembles a soft
rug so you know they should have even at least typed out some vague roadmap or gave an announcement
here and there like how how exactly did it happen like it's it's weird that's a great question flower
i asked myself that question quite frequently how in the hell did this happen and they have
they have employed um people to sort of stave off the the pitchforks and they just keep saying soon
i know that's a bit of a cliche in web 3 about how big things are coming and soon it's all said
a lot but they do this they just say soon yeah soon we're still waiting for news we're still
waiting for news and it's been i think it was march the last time the founders said nothing
now what we've learned since is is dolce and gabbana actually had minimal involvement in the
project they simply licensed their their their likeness of their name out to the company
the web 3 company unxt that makes sense like actually that makes it make sense
so i mean there's a real big lesson in there for web 3 companies to not do that
do not do not get do it all in house because if you start outsourcing this to people at unxt
they're the web 3 company get this we should this was a red flag we should have got out on
day one so instead of instead of sending the nfts out when you paid for an nft when you minted it
you know the smart contract takes care of it and sends it to your wallet well unxt said to save
and save on gas we're going to um we're going to deliver these manually and they sent out four
and a half thousand boxes one by one by one i don't know why i didn't sell on that day i don't
know why um and so yeah the even the web 3 company didn't have a clue what they were doing
and um yeah so how did this happen uh i don't know really people just kind of got used to it i think i
think um people in web 3 are just so used to getting rubbed some of them have like a um
a dominance fetish maybe i don't i don't know but i've been looking at this for a long time
just thinking i can't really understand what's going on there did it did it initially or was it
like down only straight down since mid-day it went up to about 1.8 to eve and that was for about two
days and it's been down only since i think there are about 0.05 now the mint price was 1.2
when the eve was three thousand dollars so what you're saying we can't get lukester oh there you
can we hear him yeah it shows unmuted yeah not hearing him okay well look that's that that's
i mean i could i could i could talk for six hours so are you saying are you saying that
this is a buying opportunity yeah if you could get luke's there up at some point and you know we
could do a whole thing on this but um yeah it's just it's just funny just expect just expect this
to be a developing story in the next few weeks the guy who i think the guy who wrote that is a lawyer
i read today of somebody um so yeah things that things are happening with that and you know the
logan poulting kind of set a precedent where he had he got sued and then had to sort of go back
and he did the right thing to be fair to him um even if he was forced for his crypto zoo holders
um so i think we're going to see a lot of that a lot of the rugs that happened in the
previous two years um they're all gonna come to uh i don't know they're gonna they're gonna bite
them in the ass probably i don't know at some point well yeah like holders should actually take
you know more more aggressive approach where some of these but it's hard to get the word out if
you're not if you don't already have a massive following you know uh so far if coffee zilla
covers it you know it can translate into something you know that's actionable but if you're just a guy
on twitter that got rugged for like you said five figures and have like less than 10k followers
it's actually hard to get some traction and you know go against these companies
yeah exactly that's been the problem for a lot of the holders in fact there has been that there
a lot of the holders have actually branched off and formed their own communities it's actually
it's actually one of the best five figures i've spent web 3 just on that alone it's just been so
entertaining start to finish and so all of us have kind of splintered off and formed this sort of
coalition people who didn't even get on previously to begin with and now have now joined forces
and it's just you know in just in the common hatred of this of this uh this ruggery which
has occurred and uh yeah so it's good this if it does get picked up by coffee zilla um it's
going to be a hell of a watch uh definitely a lot of research has been done as well just
just the last thing on this because we should move on but yeah a lot of research has been done
and um yeah it turns out that unxt is actually in possession of the funds still it's actually
not dng dng haven't even got access to the wallet from my from what i understand but
we'll see it's a developing story back to you in the studio damn man well you know watch out the
ruggers because we got some private investigators going full on into you know finding out the details
of what these people are up to good work there phoenix you know take them to court class action
joe we got one final comment and then we'll uh we'll move on to main nuts yeah just to wrap it
up i i think what i'm understanding phoenix saying is that uh this is a buying opportunity
we should flip our citizens and pudgy penguins and get in on this uh this rug while we can while
it's down right is that am i understanding that correctly i think your only shot is to get
richard hard on it we all know he loves that kind of nonsense you probably buy after all check
upon after he's like nobody else if you buy the bottom you know the only concern there is
is no volume otherwise it's own upside potential so but i can think of a better ways to park your
liquidity in the current market speaking of which we we have one of the these opportunities up on stage
yeah just finishing that up man is that phoenix you know i have i have like a closet full of
broken clocks over here one of these days i'm going to hit your clock when it's right man but
pretty much every time i've jumped in with you it's like man these clocks are doing how's
justin aversano doing man that was a good one shit we should do a piece on that i thought
we were going to get them on the show sometime man oh damn anyways let's uh let's move on uh
main nets awesome so we just did a great feature on on this uh on the main nets project in our latest
newsletter also you know put a tweet uh twitter thread out on that uh so definitely check that
out if you're not subscribed to our newsletter i don't know what to say get on it um but we got
a few speakers here uh what do you say i know this is you know we usually have like gaming
focus guests because we're in neo tokyo this is a unique project here because you guys are
doing a full level one blockchain a layer one blockchain i mean and um so what what uh guided
you and influenced you to want to do that massive of a project man it's uh how long do we have here
um so it's been in the works for two years um our core team is the same core team from zenu
um and you know we were you know heavily focused in gaming as well um we've got a pretty fun runner
on the zenu website etc etc and then we've got um a couple more games in the works we won't get
into that today but one of the main reasons that uh we started into this journey is because
our lead dev dale he's been you know in the space you know mining bitcoin and ethereum since
almost inception um he's a tech whiz and uh unfortunately he can't be here today
he had some uh power outage issues at he lives in pennsylvania so it's uh cold and rainy and he
needs to make sure that his eight kids are safe warm and dry so um we will miss him today but
hopefully we'll do a good job uh giving you guys the full vision but yeah that's the reason that
we you know started down this path is he wanted to develop something that we can host our native
token um for any game that we develop and have it you know be fast cheap transactions for the end user
uh reliable etc etc i'll actually post something to the top here that'll give you kind of a
a pretty good um idea of what we've been building um it's actually the dex announcement which is
coming february 16th um so not that far off a couple weeks and right now we're we're uh
testing at about 2 000 transactions per second um cheaper than bnb gas three second finality time
and we've got 40 percent of the transaction fees going back to the contract originator aka the
the developers so we're a sorry um we're basically a layer one that's built by developers for
developers so that's kind of the reason that we joined neo tokyo uh as we talked about in our
previous talks um we think it's a perfect uh product market fit uh gaming devs are always looking
for you know fast transactions super cheap transactions etc etc um deals developed you
know probably and he would have developed on something that would give him uh percentage
of the gas fees he'd probably be even more well off than he is now um we we all can't uh
mine ethan bitcoin in you know 2012 but uh he did so it's all good um but yeah that's kind of a
good you know intro to what we're about and by the way we're being at z phonetically looks like main
nets um but we are main net z but no biggie yeah i think i think i had that corrected before
but uh yeah so um and then what was the thought so you you definitely wanted to create something
that would uh be ideal for building on ideal for devs and you checked out all the other blockchains
i assume um and do you feel like main net z stands out from those in particular ways of note
yeah i definitely do so you know the main thing is is obviously the transaction fees um being split up
amongst the people that are you know building the infrastructure which is the devs um that's a
that's a big one um i kind of liken it to you know being in early on any social media platform
uh the people that are in early and building on main net z are going to get you know a lot of
rewards um as the price you know continues to go up um so i think that's a big thing the other
really unique thing for holders is that um you know let's say that you're an ethereum holder
you'd have to have hundreds of thousands of dollars to become a a validator um so it's
really kind of a wales game right well on main net z you could actually stake behind any
validator with any amount of net z and you can earn passively on the transactions of the blockchain
so as we continue to onboard projects which you know we've got correct me if i'm wrong brian
and david um but i think that we've got over 200 projects that are lined up already to
they're you know either interested or for sure going to launch some of them very very very big
ipes um that we'll be announcing in the coming weeks um previous to the dex launch but yeah that's
that's kind of what we've got going on awesome and uh your token there net z that uh you had the
initial token launched last month and uh if people wanted to get a hold of that uh that's on some
exchanges already yep yeah we're on six exchanges um thus far let me get the let me get something
that i can get up here on bitmart on elbank on endo x on mechc on xt.com and on uh digi phoenix
are the ones that we're currently on right now
pretty cool and then when this uh dex launch is uh what what are we expecting to be able to see to be
able to play around on this uh blockchain um what kind of products are you expecting to have
ready yeah so the um it's going to be a lot like pancake swap if you've ever used that
so farming staking um liquidity pools
nft marketplace is almost uh launch we haven't set a date for that yet
but we'll have a native marketplace for mainnet z and we're actually pushing anyone that holds
zmss which is the zenu um or the zombie mob secret society um you can
can automate a uh time bender nft um to inaugurate the launch of main net z
right on exciting stuff definitely see a lot of these um
zenu holders in the audience and they've been definitely mobbing our our um twitter account
here these since we've been featuring you guys definitely an active community which is cool to
see uh looked like we had someone with their hand up uh who was that there joe
yeah i was uh searching around the website the product looks great the speeds and everything
are very impressive um my question would be obviously going in as a layer one you have
some hefty competition i mean some of these companies have billions of dollars and and a
lot of attention what would you say is your biggest strategy from a marketing standpoint to
capture some of that attention and get the word out about your uh product being let's say it's a
superior product because of speed because of transactions and or what niche do you see
yourself going after to to lock down a large user base to be able to to grow and compete
against other layer ones absolutely so you know we've got i mean we could probably focus a whole
show just on this um but in short i mean basically we've got a ton of contacts within you know web
three in general um we are a part of a organization called nfa or non-fungible art um no not the other
one not the nfa that rugged um and they've got 200 plus product uh project partners um so we're
we're also building a live in in person venue in vegas not just a pop-up an actual venue
so it's going to be a hub that's going to have a ton of stuff um that that'll be really really
great for you know visibility etc etc so we've got a full-time marketing team that's also helping us
build a um the infrastructure for a grant fund uh that'll help people develop on chain
um and we're also talking to several universities to um you know basically host classes so that we
can build you know the next generation of developers um that will come out and start building on
you as well there's some interesting strategies in there uh yeti
oh you guys uh can you hear me i'm not sure if you can but thanks for hello
you're good i can hear you all right sorry about that yeah listen thanks for that answer and i
think this is probably something i i should know but i don't so this 40 kickback that you have
to the developers of the protocols for uh that are being thrown back from the gas transaction
is that something that is quite unique um i haven't heard of it but you know i'm not heavy
on the dev side so is our other projects doing this are other l1s doing this as far as i know
and i've done a lot of searching uh we are the first ones to do it okay yeah so i mean you know
the evm um compatible one seems to be quite a crowded space but this definitely seems to be
something that is differentiating you a little bit so that's certainly pretty interesting thanks
absolutely yeah so just kind of to elaborate on that right so really uh you know so the purpose
behind us being able to incentivize developers is that if you look at a lot of the current
blockchains right now you know you'll get a developer that'll just you know make something
and then pop smoke you know leave never come again to that project and so this way you know
our strategic vision is that we provide these incentives for that way the developers to want
to continue to develop for that project or to continue to develop for that chain so that way
that they can help grow good stuff did uh z do you have something to add there
hey yeah so i wanted to just also add on to that real quick um so there's a lot of different
areas of how we're actually going to be competitive with the other chains too you
got to think about too uh ethereum coming out and all the other uh bigger chains with the gas fees
they're going to be looking for alternatives um you know we've been through the bull market the
bear market we've been developing and building throughout this whole time so we kind of know
the ins and outs amongst that the further breakdown of the whole transaction scheme
is 40 for developers 45 going to stakers um and then yeah and then uh five percent going to
devalutators as well so we're kind of bridging the gap between uh catering to developers and
the holders and everyday traders and we're making it a happy medium to where we are kind of like the
um all-in-one uh incorporated blockchain that's better that's going to benefit every single
person no matter what you're actually looking to to do if you want to do day trading you know that's
going to be a good choice if you want to do long term investing that's a good choice to take
behind a validator node and then for developers like david was saying too it's incentivizing
people because there is a big issue in the space where people get bored they see volume you know
it's going up and down in volume or the volume is going you know stagnant but the price is really
kind of remaining the same this will also give them incentive to continue to work even though
the market cap might not be rising because they'll be getting bonuses basically from the gas fees
from their volume just by you know hanging around and sticking around and helping the space
yeah you guys may have answered this i see you're currently listed on uh for
central exchanges you got one more coming up in february um so what point is how what's the timeline
on the staking options so those are actually live right now um the chain is live if you go to our
website mainnetz.io you can go scroll all the way down to the bottom um and see the block
explorer so you can see the transactions happening and then you can also go to staking.mainnetz.io
so if you buy netz on uh let's say lbank you can transfer that to your metamask wallet
go to staking.mainnetz.io you'll see all of the validators there and you can click on any
validator that you see and then you can stake behind that validator um no lockup period you
can you know stake and unstake 10 times a day if you want right now yeah thanks i see it all
i really appreciate that thank you yeah of course flower right i have i have two questions i guess
the first one is like one of the challenges you know that layer one chains face is
the blockchain trilemma right so you said your chain is one of the fastest
questions post up here hopefully i'm not speaking over anyone right now the other thing i was
wondering you guys uh recently joined neo tokyo correct yes we did um we um and actually yeti was
uh speaking i think it was you yeti was it oh sorry i must not be able to hear someone i'll just
be quiet oh no no worries yeah there is sometimes an overlap especially if you if you join back
which which yeti did right um so going back you know um i was mentioning that one of the challenges
that layer one chain space is the blockchain trilemma and you mentioned for for your specific
changes that it's it's fast and it's cheap so i i heard you mentioned three seconds finality time
and your fees are what in the fraction of a cent like but how do you achieve that and still keep
the other parameters i guess balanced you know how how do you keep it secure and decentralized
and then another question i had um i heard you say in the beginning when we were starting off
that um one of your developers has eight kids or how do you handle that and still build a layer
one chain that's like wow um that's that's a feature yeah so i'll actually let brian take the
i'll let brian take the first one but um yeah dale is an absolute beast um he's the type of
individual where you're like hey could we do this and it could be something super super complicated
and he's like oh gosh that would take so long ducky by the way this is ducky speaking um
on the main z account um so he'll he'll you know kind of bitch and moan about it and then
you know an hour later he's like okay it's done it's like what you did the whole thing in that
hour um he he's a beast and yeah he's got eight kids um and yeah family man all he does is family
and crypto that that's his life he loves it and we love him for it such a wholesome combination
though i love it oh totally totally i mean it can only be like that for him if he had you know
if he had a social life and you know wanted to go out and you know do things he would be
we wouldn't be in the spot that we're at without him and his you know chosen lifestyle
so we're very very grateful for him
right on i think you said brian was going to answer the uh the trilemma question there
yeah i'm sorry can you repeat the question for me yeah so your chain has right um three seconds
finality time and fees that are incredibly low uh in comparison to some others like how how do
you achieve that kind of level of functionality without the other two parameters uh i guess
suffering too much being the the security and decentralization of your of your chain
so we've done a lot of testing to make sure that it's sustainable we've done a lot of uh like dust
scripts to kind of keep things going and doing some stress testing on that front um on the other
aspect of things we um dale our lead dev had come up with the idea of the different um you know
finality time and um just how quick he wanted things to do which is more doable with the dpos
platform instead of like proof of work and whatnot where you have to actually have miners
so so that kind of is an easy give right there and again yeah we've just been doing a lot of
stress testing we've um you know had have server upgrades we've taken up the necessary precautions
along with doing an audit from one of the the top auditing companies out there hacking
so we've been working really closely with closely with them to make sure that everything we're doing
isn't negatively impacting security or performance and we've been taking the necessary precautions
doing it that way awesome right on and uh yeah we had a little overlaps there it happens with the
with the x spaces all the time but you did just recently join neo tokyo uh any thoughts on
you know your reasoning to do so and and how the experience has been for uh you know being a
project that's that's working on this level of development and and networking and whatnot
how's this been for you jumping into citadel so far
it's been amazing um you know when we joined it was probably about a two-week time where we really
you know thoughtfully said okay you know this is a major undertaking and you know a long journey
that we're signing up for here which organizations are going to you know provide us the contacts
the support the um you know kind of 360 of what we need to get to that level that we know that
we want to go right and you know we've just seen all of the moves that neo tokyo has been making
specifically in gaming and we saw it as you know an incredible opportunity not only for ourselves
but also for anyone in the neo tokyo community to have um an opportunity to build on a layer one
that was you know specifically for um you know it was built and designed based off of the product
needs of uh crypto gaming so it's been amazing we've received a super super warm welcome um and
everyone has just been you know tremendously tremendously helpful so it's been one of the
best decisions we've made uh thus far awesome well yeah we're definitely uh been enjoying working
with you the conversations we've had giving you some coverage and you know getting to interact like
i said with this uh mob of your community uh definitely some enthusiasm there we'll likely
want to do another space sometime next month around the time that the dex is launching so we
can get a little bit more interactive tour of what's happening and um you know help people
get to know what you're doing so um any other announcements or any news upcoming things that
we could look forward to to see what your what your plans are for the rest of this year
yeah definitely i mean we're always in development on something um you know it's it's a seven day
a week operation over here um but the dex is the major thing coming i know that there are a couple
of uh exchanges that may or may not be in the works what i can't speak about right now
um but all in all we're just you know pushing forward um there'll be another publication coming
out i can't name the um the source but you'll definitely see it on our uh twitter here in the
next couple days um but it's a i think a very very thoughtful and really great write-up about us
um from a major major source so um yeah we're just super super happy to be here
um and then i i saw that neo tokyo was here um you started talking and then um i believe that
yeti was talking did you have a question
yeah i'm not sure if that was uh neo tokyo um might have been just flower before
okay they're backing us up you know supporting the space as usual um as we are the official
x-space for neo tokyo weekly market monday one of these days we might even get a blessing
from our our you know angelic overlord you know because we're the official
weekly x-space you know look out man um anyways yeah you know so you got another publication
putting something out it's definitely not going to be as amazing as what we wrote definitely
coverage from neo tokyo but you know hey it's always good to get second best and um
right on we will be staying in touch with you guys like we said we'll be we'll have you back
again soon to get some more updates um and uh look forward to seeing how this evolves anybody
else on the panel got any last final questions looks like we are good for now uh so uh we do
have this giveaway to come back to hundred dollars worth of nets now nets went berserk
netz sorry netz went went went berserk uh you guys had that initial launch and i think it
pumped about 1500 uh so lucky for those who jumped in on that uh so it you know if of course
what is it 20 million market cap right now if you guys are really able to
fulfill all that your your goals and and get this thing really rocking you know this could
be a nice little gift for for those who win this year so let's look at it phoenix why don't you take
it away with our winners phoenix down are you with us
i don't know man maybe his maybe his uh his eight kids got him uh so i think i'll just read off
the window am i not hearing him guys let me know no no he's muted he's muted okay okay
you never know what this freaking these spaces and all these rugs going on so let's look at it
so we got um aj looney underscore zero six that is one winner kurt four four nine five
eight seven seven lee what the hell's up man you guys need better tags here whatever um
you know this is making me say all these numbers anyways we got this one's a good one pp six zero
zero nine great winner all right you got a hundred dollars of net z we got two more texas
prime 2024 and the final winner is heather two nine four five zero nine nine two all right so
we'll be in touch and uh we're gonna have to you you know if you can contact us and submit your
wallet or even put it here at the bottom of the space that's even easier and uh we'll get
this sent over to you and that's about what we have for you today um let's see anybody else
got any announcements or anything else that you wanted to touch on raise your hand quick
otherwise we're gonna start wrapping things up i do have uh like like we said in our
tweet the other day we are enjoying the opportunity to give some attention to some
other projects you know we've had these huge projects joining neo tokyo lately that get a
lot of attention of course so um some of these under the radar ones that that you know could
soon grow into these larger scale projects it's great to give them the opportunity to to shine
here like we did with main net z today we have another one that we're working with and hoping
to get some coverage to this next week uh node runners uh a gaming project from some
citizens in neo tokyo and they just uh asked us to announce for them that they have opened their
discord check them out and they're also doing a quest uh where they're giving away bites and
allow lists for their upcoming mint so check that out and if we can we'll we'll pin something for
that and let's see what other announcements do we have um next week we'll be back again same time
and we have a crew from star atlas so we'll see if we can get some kind of giveaway for you
guys for that that should be exciting they're already doing some play tests there's been all
kinds of uh play tests going on it seems like um the the big games are dropping their beta
and we're actually getting to see some of these long uh anticipated uh big games coming through
so star atlas is one of those and we're going to be talking to their team next week you know as
i said you never know angelic overlord and all that um anything else we got from neo tokyo
that we want to drop i think we are pretty good here look out for us we'll be trying to drop some
content we got you know we got shamsi but would you they got a lot of actionable stuff to to drop
and we don't always have time for it on these shows so we've been uh putting together some d gen
digest video content look out for that uh we will likely be collabing with this team that's been
focusing uh on mental health issues and wellness doing these weekly spaces and we're wanting to
collaborate with that because as is noted it's something that is forgotten about often you know
it's not until the bull run is is pumping and then all of a sudden all these teams apparently care
about uh mental health but we're we're sticking with that and uh doing weekly spaces with joe
photoshopped and web3md a few of us so look out for that on wednesdays we'll probably collab with
the team there and i think that's all we got for you for this week so i'm gonna hand it over to
bud would you if you're available for a little send off oh yeah fam you know nft market monday
brought to you by neo tokyo always dropping the newest news uh mainnet z if you didn't know now
you know average transaction fee 0.0001 we got a 40 transaction fees going back to the developers
if you don't know about mainnet z now you know net z go check it out we appreciate your
fan for coming into night for nft market monday we'll catch you next week with the hottest
topics until then peace out