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NFTs
Recorded: July 27, 2025 Duration: 1:47:48Space Recording
Short Summary
The NFT market is experiencing a resurgence, with significant growth driven by rising values, strategic partnerships, and the anticipation of token launches. As projects like Moonbirds and Pudgy Penguins gain traction, the focus is shifting towards utility and real-world applications, indicating a maturing landscape in the crypto space.
Full Transcription
Thank you. Thank you. GM, GM, GM to everybody in NFT land.
Give me just a second while I respond.
Hopefully you can still hear me as I transition from speaker into the panel but this is your Sunday NFT space
and while we are getting things together and allowing people to come into the room
I think the overall overtone should be that we are happy because NFTs ripped this past couple of weeks. So let's get happy and listen to a little tune until we get the room set.
With Pharrell's happy.
Because I'm happy.
Yes, sir.
Yes, sir. you can take a break Oh, Here come baby new ones talking this and that
Yeah, well give me all you got and don't hold back
Yeah, well I should probably warn ya I'll be just fine
Yeah, no offense to you, don't waste your time I miss you, cause I have a love you all If you feel like that's what you want
Bring me down, can you not hear?
Bring me down, your love is too heavy
Bring me down, can you not hear?
Bring me down, I said, hey
Bring me down, can you not hear?
Bring me down, your love is too heavy Oh yeah, oh yeah, oh yeah. Oh, yeah. Oh, yeah. Happy, happy, happy.
And that should be the theme for NFTs because this last couple of weeks we've been ripping.
But as the room gets set, we want to definitely make sure we like and repost this room.
We want to get all the visibility on it that we can get. We want people
to come in the room and say, hey, I'm happy too, because my collection is ripping. Regardless if
it's ripping or not, definitely NFTs are in a good place right now. Like and follow the NFT
Renaissance. You can see that on the speaker panel. If you are a real collector, that is where you
want to be be because in that
discord is nothing but happy good vibes for collectors but yeah um we'll uh hang on for a
minute and when loki gives us the drop the flags i guess we're just going to take off i see an
awesome panel assembling today so it should be an awesome conversation excuse me but yes sir
awesome conversation, excuse me.
But yes, sir.
We are ready. We are ready. Thank you.
Thank you, Alpha. How's it going?
Man, everything is good
and I'm happy. NFTs are
ripping and that's what we're here for, so
I'm happy, bro.
Glad to be here, man.
Thank you, man, for managing
the first minutes,
as always. So, who else
is here? Let me check. Oh, Machiavelli.
Hey.
So, how bullish
are we feeling recently?
I'm super bullish. I'm on the other side right now,
bro, running around, trying
to find Frosties. Oh, man, on the other side right now, bro. Running around. Trying to find Frosties.
Oh, man.
Try the other side.
Finally work.
It was yesterday or two days ago.
Yeah.
Yeah, we're finally starting to get the kinks out, bro.
Finally starting to get the kinks out.
Yeah.
Yeah, it's nice.
It's a little bit still laggy, but I mean, from browsers. So, it's nice. A little bit still from browsers, so it's understandable.
Yeah, playing with friends, playing with somebody, that's really the alpha there.
100%, man. Imagine coming home from a hard day's work, 5 o'clock, you get off from trading and winning and just winning and winning and get on there
and say, you know what? I feel like jumping in
the other side and jumping in there and have
a meeting with Machiavelli and he's in like
Austin, Texas. First, some of these people got to get
jobs, Alpha D.
Because I feel like they need
to go to work.
Well, I don't know if that's me,
Ruggerna, enough that was you but
uh i heard what you said some of us need to get jobs you're right you're right 100
so guys have you bought anything recently everything up
you know i'm crying because i didn't buy anything but you know now that everything's up i'm like
look at shiba King.
I wish I had a freaking moon bird.
Now I'm remembering and crying on the days when I sold my moon bird at 8E.
But definitely, man, I'm still happy for everybody because I love NFTs.
I like the technology.
And I think with everybody being up, things are back with good sentiment.
And I think we're going to have a good time regardless if I got anything or not did you get anything Loki I know you probably
bought one of everything right oh I yeah I pretty much daily by trading until I
mean I okay some alpha guys if you if you don't know but you should be aware
so trading on open C2 right now will accrue to your airdrop.
So I never stopped basically since they came out with the better. I mean, I don't do nothing crazy, but play some good NFT. Sometimes not.
Just like a way to get to the grail that you always wanted.
But yeah, absolutely.
So being exposed to OpenSea for what is coming probably in Q4, that's the alpha.
So if you're already trading NFTs or I mean now everything will go up.
So the risk is even really minimus but okay wait just a minute before you go on did you say that the tge is coming in q4 for
open c come on bro stop pulling my leg man give us the alpha oh, I mean, if it's not in Q4, it could be a Q1.
I mean, it depends how long this bull run will last.
But surely they will deploy when the market will be super hot, both in crypto and nfts so let's say q4 for now i mean i cannot
really predict the short term future but what about q5 like bear chain let's just say q5 so
nobody can really be paying down uh talk talk with some guys this week about open sea airdrop
because if you read the timeline there I mean, everybody wants free money,
so everybody says, hey, deploy now, NFTs are bullish, but it just doesn't make sense now,
business-wise. I mean, the farming they are doing now, it's not really painful for anybody.
for anybody. So this just is boosting their metrics. Ultimately, they will take over the
competitors. So the pride is good. They want people to get used to the platform. And waiting
for even more bullish time will be better for our backs in the end
because you get a better airdrop from a platform that now is the clear winner.
So the valuation will be higher.
So in the end, yes, I know everybody wants now.
The airdrop buy doesn't make sense for anybody.
TouchΓ©, touchΓ©, touchΓ©. Looks like a hand flew up right there. or buy doesn't make sense for anybody. Touche.
Touche. Touche. Looks like a hand
flew up right there. We may have a hot take
on this one. Sheba King, morning to you.
Good sir. Come on in.
What do you got?
Morning.
What up, Sheba?
Yeah, multiple takes. The first one is
OpenSea. I didn't farm
shit. I haven't been doing it.
Kind of getting peer pressure to try OpenSea again, which I did.
It's nice, but it's like, if you're really buying and selling, right?
If you're out there doing the volume thing with 20 ETH and you're trading it within 60 days,
that's what we used to do. Well, I didn't do that much, but that's what I did back in the day when we farmed things.
But if you're not doing it at that level,
to me, I'm like, ugh, are they ever going to drop something?
Who knows? But I like how
we've seen some big things from OpenSea
kind of shifting the narrative against
Magic Eden because they've been kind of running the
NFT forefront for a while now.
I think
that ETH NFTs
are going to shock people.
Just plain and simple.
A lot of the issue two years ago,
people were like, oh, they're dead because no one's ever going to buy them again.
I'm like, that's simply not how it works.
I mean, all the cryptos and past history of coins,
people thought were dead, right?
We can use them as examples.
I know they're coins and these are pictures,
but it's an asset.
It doesn't matter what it is.
We've traded some useless shit IRL for hundreds of years.
So you're telling me that these pitchers can't go up again?
So we joke around and we're like 100 ETH is possible for many of these projects.
Do I think we'll get to 100 ETH?
I don't think so.
But do we get to 50 ETH at a $8,000 ETH?
Absolutely.
Do I see Moonbirds getting to $40 ETH again?
Probably not, but getting to $10, $20 ETH again at a higher valuation ETH is very possible.
And I think, especially over the last, I don't know, 60 days,
especially the way ETH's been outperforming,
it's a great time for all of these projects, Moonbirds, Apes, Penguins,
the Zook ETH to run with the market.
Run with Ethereum. Let Ethereum go to
$6.5K, $7.5K.
Rally your community.
Have people not list and understand that
there are a bunch of new people coming in. Not millions.
Maybe a few
thousand. Maybe a hundred thousand.
Maybe something crazy eventually.
But these people are going to buy this stuff.
And it's going to be up to us to either give it to them for threes
or give it to those motherfuckers for 10 and 20 like we were paying in 21.
So at the top, who knows where we're getting with it.
But if you're selling any of your blue chip,
like mainstream blue chip NFTs,
projects that have been here and been through the trenches in years of shit,
they're going to do extremely well.
You should be betting on these brands.
And if you're lucky to get in ones that really were shit,
like unfortunately Moonbirds was down in the dumps at .3,
you took a risk, you're looking like a champion.
There are a lot of people in this audience that have a Moonbird
have been holding it or maybe you got a bunch of them.
So a lot more stories to come.
And thanks to Pudgies, we've had many.
So let's go.
Thanks, Chiba.
Thanks.
Yeah, before going into...
Sorry, wait for me.
Before going to meaningful conversation,
the 100th Blue Chips conversation,
which I wasn't a believer until last week.
Now I'm super hopium bull with the new
thesis. So we're talking about NFT institutional run that probably you'll see me spamming every
two hours on your timeline. But I want to go to you because today I post about basically all NFTs are green.
We have pretty much a new, let's call it a ranking of PFPs based on their flow price.
And we have basically the first two positions, Podgy and BoardApe.
two positions, Pudgy
and Bored Ape.
I mean, they are
very consolidating
at the top, and they have a
huge gap with the rest of
the others.
And I want to go to you because
you're a Moonbird. Moonbird now is
in the basically fourth position,
overcoming Atsuki.
So this is
kind of like a spicy take. I've read some azuki tweet,
they're not really happy about it. What do you think? Is Moonbird...
Is Moonbird... Okay, you got the question.
Okay, you got the question.
It's such a loaded multi-question at this point.
Because at first, for a lot of us, it was a project that was ran by a group of people that really did push it really well when it came out, right?
And it was bought by a company that we thought there would be some changes, some new things, but not many things were tried there.
Let's keep it that simple.
Now you have a direction where it's leading and the field is open, but the direction that it's
taking is with somebody that knows what they're doing, that has a company, has a product outside
of NFTs, has income coming from another source that's not NFTs, which is great. Somebody who's
been here, traded, knows communities outside of Bored Apes and Penguins.
People in the space
recognize Spencer and his team
as a neutral entity. Not like,
oh, they're this person, or they're from this team,
or they're Penguins, you know, whatever.
It's a very neutral support
for people who don't know that team.
And so for the people that have been
here, we're jumping on board. The people
that want to jump on board, but there are no direction are now here. And so for the people that have been here, we're jumping on board. The people that want to jump on board, but there
were no direction are now here. And now
we're turning into that complete FOMO era
where there's nothing, no major announcement.
There's been nothing major
announced yet. No card game.
There's obviously where they
talked about a token, which is, I don't want just a token
to hype up the price and go to 70 like duels
did and drop down to one. That's not what I'm
looking for. If it comes to...
So what do you think about the token? Is it fake or real?
Will they do
a token? Yes. Will they do one before the end
of this year? I don't know. But I'm very
very very very confident
that he will drop a token.
There's no reason not to for Moonbirds.
They've been waiting for a long time.
It's one of the only top blue chips.
One of the most successful off launch. I can see that doing extremely well for them. It's one of the only top blue chips, one of the most successful off launch.
You know, I can see that doing extremely well for them.
It's also timing, Loki, right?
Once again, Moonbird's team and many of these other projects have the opportunity to line up their announcements, products with the market.
If they do it in a good market, you know, let's say it was opposite of what Pengu did when they dropped it and, you know, the market went to shit.
Let's say it's a good market.
That token could be a really good drop for people.
And maybe people won't cheat it because the market's in a good position.
So it really depends on how they execute it.
For me, I don't want to sit on a token.
If we get to 3 to 5 ETH without one, that'd be great.
But look at that.
If we get 3 to 5 ETH without a token announcement, then we get the announcement.
Sheesh.
Then what's stopping it from getting to those crazy levels and then then beyond but but i i know that spencer will drive the project itself without that with
you know maybe cards maybe there'll be some there's a lot of things going on with mythics i think he
may but what i would think is he may have hired a team to push mythics in another direction outside
of what he's maybe known doing which is the card. I think they might actually do something different with them.
We'll see.
But there's so many things.
I think that's what's exciting.
Yeah, absolutely.
I mean, the MidX IP and DR is really amazing.
They deserve a whole content strategy and proliferation, maybe even in Web 2.
But you have an answer.
So is Moonbirds better than a zuki yes no yes
yes wow boom very hot take guys here i want a zuki here shitty on shitty on moonbirds right now
who's coming i mean i love azuki's i mean the team nice people community they bust my chops
along with many other people here a year ago when i came in the rooms at the Moonbird BFP.
But, like, we're all friends fucking here.
Like, no one actually thinks we're serious, right?
There's some people here that are like, fuck your NFT.
No, me and you aren't friends.
But, yeah.
Like, me and McAvely, we hang out with each other, but we don't hang out hang out.
So, you know.
Bro unfollowed me for no reason.
Sometimes I get upset at night, and then I'm like,
I gotta unfollow somebody, so I just took on Machiavelli.
He just happens to be that.
Because he flipped you, bro. You're just a mutant.
A poor fucking mutant.
You got flipped. Honestly, this may be a
super, super hot take, but I
really think that Moonbirds will
flip board apes
in the next six months.
I knew that was coming.
Get out of here, Sheba.
I think I heard that now.
It's on Polymarket. I mean, it's on
Clutch Market.
Where's the bottom to remove
the speaker? I cannot find.
Let's go to
Wade. So, Wade, you are
sucking dicks from Moonbirds
and now Moonbirds is top of a Zuki.
What do you think?
Insane run, man. Insane run.
I checked this morning and I saw Moonbirds was up to 2.5.
I don't know where it is right now, but I saw it was up to 2.5.
So it's insane.
Shiba, I think we...
Either it was you or it was Xenx, who we always choked about.
It was me. We have three years, Will, of this.
Three years. When I first met you, I was seeing blue chips, then I got a Moonbird.
This mother effer for years, posts about Moonbirds could never tag me in one,
but knows I was a diehard Moonbird for years.
And here we are. That MF got flipped.
So if I don't get tagged in the next Moonbird post,
I'll be very upset.
You'll get tagged in the next one.
Who wants you to farm for?
Insane run.
But I think it also shows the power of a potential catalyst
that Moonbirds still have.
I just joined us.
I don't know how much you already talked about token speculation
and stuff.
But I think that's probably one of the drivers right now.
I still have like a potential catalyst open
that, you know, Azuki has a token out,
Bored Apes have a token out.
So maybe the Bored Ape take is not,
so I don't think it will happen,
but I don't think it's like a totally crazy take
because having a catalyst is like
we saw with a lot of
collections earlier this year.
There's like a giant driver for,
for NFT floor prices.
So I'm excited to see where it goes.
I think Spencer and the new team are all great.
and maybe we'll get news,
Shiba correctly,
but I think sometime next week or early August,
I think we have anniversary of Karen Rose taking Moonbirds to CCO, which is, for me personally, is the official Moonbirds anniversary.
Not when they minted, but when Karen Rose announced that because it was basically a doubtful of Moonbirds.
But Monday, tomorrow, Spencer said he's supposed to be announcing something.
I don't know what it is.
I highly doubt it's towards the token route.
But I'm very sure at this point where he has the Moonbirds at recovery price back to Mint or close to it,
that he'll start rolling out some IRL or some actual announcements for the project.
I mean, they've been working on the back.
So OpenSea, Magic Kingdom, if you check, I think the Moonbirds and the Mythics and the Oddities are now moved over to Orange Cab Gaming.
No more proof, and I believe the Moonbird Collection, it says like Burbs or something.
So, yeah, they're just moving it all over to the company.
They should start making it.
Maybe OpenSea.
Maybe there's something with OpenSea they were doing because they did do that partnership.
So, we'll see.
We'll see.
We'll see.
Awesome stuff, guys.
Wale, did you want to go back at that?
Are you good you good?
Right. I love to hear the back and forth between you two man. We could listen to you guys all day
Yeah, no, no, I think we said everything in general like I think all NFT projects like whatever one that's good
it's great for the space of the whole so
Good to see the moonbirds uh come
back especially since there are like a few really committed hoarders like shiba who really stayed
like with the community over a long time maybe that's the analogy to to patchy penguins i don't
think there are as many like or jordas maybe i'm wrong but there have been a few who have been like
pretty vocal on timeline like doing all the ups and downs. I guess it's been more downs than ups in the last two and a half years, but the better it is to see the comeback now.
So, in general, happy for all projects doing well.
100%, man.
And we appreciate everybody's spots and their takes as Loki just throws bone in the in the ring with two dogs and let them
scrap it out no no i'm kidding so now we go uh we go to kai we'll go ahead and go to the hand we'll
go to cairo big rug and alex yeah thank you guys sorry i'm packing um i was in alaska for a week
filming um denali so i couldn't one clip any of my bags because Starlink was spotty I
wanted to mention somebody has been sweeping oddities the Grimplin oddities
like crazy what's the lagger play if the thesis is Talon is coming if you tag
Spencer he will show up in low-key spaces he's shown up here a few weeks
consecutively we can cook him but the thesis what's the laggard
am i gonna want to you know snipe a mythic for a lower price point are the mythics just
an alternate art of a moonbird give me the 101 because i remember the last time i was watching
moonbirds content is when they took over the company and they started producing and art directing and then releasing these videos of their in-studio
works in progress.
And it was very synonymous with Izuki's approach to creating animation and multimedia.
But give me the alpha, Shiba King.
How do I make money off Moonbirds if I'm priced out for that 2.3 entry?
I think it's like every NFT project right so if there's second string or third string as the first string goes it
usually pulls it I mean they're even in cases where the mythics were started running and it
pulled the og collection the birds after so I think that the moon birds and mythics offer two
separate different ips oddities have always just been like there.
Even as a previous of OG founders to Yugo Labs, they never did anything with them.
It was just like the third collection.
And the team in Spencer's just made it public like it'll be part.
They're taking it with them.
They're not leaving it.
So Oddities is with them and the company.
And it's just going to go along with the ride.
What they do with it, I don't know.
They haven't announced anything.
I'm very sure they're with a token, right every nft in the ecosystem gets some type of drop
so i'm sure it'll be less of an allocation if they do do it so yeah if you're priced out of moonbirds
i would definitely go look at some mythics there's a lot of rare mythics that have been really selling
like you can actually get like one for 0.2 and then sell it for 0.3 or 0.4 in a few days and then
oddities too maybe there's some cool i haven't checked out of these rarities, but if there's a nice one
You could say if I'm very sure you can flip it and maybe go sweep some but yeah
Definitely go check out mythics and oddities if you're priced out of a moon bird
I mean there's communities very welcome from all those ends
I honestly she would appreciate the answer and I wanted to interject that the
The mythics artwork is is fantastic. It's unfortunate that at the time
I had the
notifications on for any for when anybody burned and they had a choice. If
you guys remember it was like choose your own metadata right? You could choose
between this or that, path left or right, blue or red pill. A fantastic mechanism.
Unfortunately the Great Burn was not fulfilled. If I recall correctly, there's a lot of artwork that one was never even revealed and two, fantastically discarded by a burn.
Is there a chance that we see a re-release of all that potential artwork a la Lil Puddy's 10k supply. And yes, Oddities by
Grimplin are the rogs of
the Moonbirds ecosystem.
I don't think those
mythics will ever come back. If I
remember correctly, they closed
the claim, right? And you had a choice to pick
a bird A or bird B when you did your
egg. And then they closed it
and then whatever art was never
used or shown, I think it just never went they did release it I know the original team
before went over to Yuga even like that month I mean a few months following they
did release some art of traits and some mythic moon birds that were in the
collection that we obviously don't see that didn't make it it's up to I'm very
I think I'm not sure maybe you can expense around this if he has the files
of of all the OG stuff, maybe stuff
that wasn't released. Maybe they do something with it in the future.
I mean, they did. We had Moonbirds
do that illustrated art, so now we have the pixels in
illustrated. Maybe they do something
with the mythics or oddities
and they update it. You could keep the rights
for the 3D assets
and to put them on chain for the other
side, so they'll definitely be
in the other side, and if I'm not mistaken, all of the OGs have a 3D file.
All right, Vince, give me just one second.
I can butt in there and step on your Gucci shoes just for a second.
You see the emperor raise his hand,
so either that thumb is going to go up or thumb go down.
If it go down, he's going to kill everything.
So let's let him jump in.
Loki, what do you got, bro?
Yeah, sorry, bro? Yeah.
Sorry, here I am.
Yeah, I don't want to talk about oddities.
I think I spent one ETH or even more at the time.
I remember the reveal was terrible.
Everybody was like, what the fuck is that shit?
So I had some trauma with auditors but actually i forgot
the auditors wasn't the deal we i thought the deal was just for uh for the birds but anyway
sorry guys i i had to interrupt because we have aaron here i don't want to waste his time he's
in asia it's pretty late we usually have his partner in crime foxy here but today finally heron
the the brain the boss of podgy asia they are doing an amazing job they just put pangu
on the wait how's it called the skyscraper by the way welcome
Wait, how's it called the skyscraper?
By the way, welcome.
Thank you, Locky. Thank you guys for tuning in.
But yeah, I know, just want to...
Honestly, I didn't know that I'm supposed to be in this space.
Foxy is like, hey, you know, I got to this Locky space to show up.
So I show up.
It was great being here.
And we've been...
Yeah, we've been completed a huge week in Malaysia the last five to six days.
I hope you guys see the timeline.
In fact, we are really proud that we had so many UGC content from all the events that we threw.
And Lockie, you're right.
I think that skyscraper, that is like the killer.
To be honest, that is like Foxy's doing.
He made the deal he got the he got he got us an amazing deal to really portray the blue penguin at the 48th floor
skyscraper and um you know everyone you know everyone knows malaysia right now i mean that's
really the the thing that we are so proud of is that thanks to the penguin and thanks to the
community of web3 and nft you know people recognize malaysia as a you know one of is that thanks to the Penguin and thanks to the community of Web3 and NFT,
people recognize Malaysia as one of the top places to build,
not just NFT, but also in DeFi and general Web3.
And yeah, I hope to do more of this in multiple countries
in the rest of the year.
I think next up is really,
I think we have a small meetup in Taipei, right? Loki, I hope that you'll be there tomorrow. And Vietnam and CoinFest
and every single major city like Japan, Tokyo, Japan, KBW, and also Singapore.
Man, you made me laugh when you say people people now know of malaysia and here on stage we have a lot
of americans they can confirm they never studied geography from what they know absolutely nothing
of the world yeah you know apes don't read but we always remember when asia wakes up so we
definitely end up we end with the culture you know and i thought he said a 48th floor skyscraper i'm
like you know i'm really burnt with nfts because i know he didn't say a 48th floor skyscraper i'm like you know i'm really burnt with nfts
because i know he didn't say a 48th floor but i'm thinking a 48th floor skyscraper hey man yeah
pudgy is doing great over there in age i've been watching your time ryan aaron and you guys are
rocking baby more power to you man take us higher bro yeah yeah we're gonna sorry we're going to palm your backs. Yeah, Lachie, go ahead.
No, I just want some financial advice. Now, I have a real question for you. So today, and basically every day, I want to talk about the NFT institutional run that is happening on chain.
It's happening on chain.
It's happening a little beyond the timeline,
but it's a little bit hidden.
So we know about these companies,
they're setting the base for an NFT strategy,
potentially talking about NFT ETF.
But my thesis is much more than that.
It's not just about like a cold approach where there's no participation,
there's no involvement from these players.
It's just the company that is buying.
My thesis is these actual people, these players,
they are wealthy individuals that they are now exposed to Ethereum.
They're going to start to play this game, this status game.
to start to play this game, this status game.
And I believe you already saw, or you may have saw,
some of that already happening within your circle.
What do you think?
You dropped the mic on him.
Are you there, Aaron?
Yes, I'm here.
Can you hear me?
Yeah, yeah, we can hear you. He was just asking, what do you think?
Have you seen some of that start to play out in your circle already?
Oh, I think in my circle, definitely not.
Like I haven't seen, you know, corporates or company or institutional talk about NFT in their holdings.
But I do understand the rationale behind it, right? I think right now...
Did he drop?
Is it just me?
Yeah, he dropped.
Aaron, you dropped.
You might need to take a lap, leave, and come back.
Yeah, he is.
He probably just got a phone call, yeah.
Yeah, while he's
circling around, let's go to Big Rug
and Alex and see if we can get some
takes in before he hops back. But Proof, what were we
talking about, bro? We moved on.
Well, we're talking about NFTs,
bro. Anything NFTs.
We were talking about oddities
and then we were talking about pudging
institutional injection.
But it was a take on Azuki
and fucking Moonbirds. I'm still running
with Azuki. Zagamon, he did
some crooked shit. It's quite funny.
But some other people made
money. It's kind of the same thing with Pudgy's.
But Loki, not to disrespect you, bro.
But yeah, I think Azuki
I think this is temporary. Shout out to
Orange Game Caps. Shout out to fucking
Spencer. He's been very
vocal about he loves
DeFi tied into NFTs.
So this makes perfect sense for the Moonbirds.
But I just think it gives the Moonbirds the opportunity
to come back in the top
10 from 46 ETH
plus to
.3, which is mad crazy.
So just welcome them back to the top 10 circle more so. And we'll
see how this all plays out. Yeah, certainly. Hopefully it's just a, it's a start and hopefully
we're just scratching the surface on all NFTs. And as we all get back to 2021 vibes, but maybe
not 2021 activities, you know, in air quotes, but but definitely hopefully we're just scratching
the surface and going forward in that regard i think alex had his hand up next and then we go
to bullish trader maybe so maybe not uh maybe alex is not here bullish trader are you there
yo ho what is good proof marco velli loki another sunday bro yes it feels like we were just in
the space yesterday um you know it's crazy yeah right um this is gonna sound wild man
but dude i don't know dude i have to go with shiba King on his thesis.
It sounds fucking crazy, but I think with the momentum right now,
bro, Moonbirds might, if not, at least equal a Bored Ape soon,
but potentially pass him.
Because let's not forget, they used to be, what, 30-plus ETH floor price,
and you had Rare selling for millions of dollars um
it it's got kind of it written all over the wall uh do i think you're you're late to the party
buying a moonbird above two eath no because there's hundreds of sales you know of 25 eath plus
so i think you're still early to moonbirds i'm glad um i didn't sell a couple of
mine actually round tripped them so i'm still waiting to break even um but um yeah i think i
think if uh spencer keeps the momentum bro i i could see you know board eight moon birds and uh
pudgy sitting in that top three sooner than later to be honest definitely a good
take hot take and we appreciate everybody's take um i saw aaron come back up so i want to jump in
there again we want to respect his time because he's over in asia and definitely it's probably
like four in the morning for him but i saw him come back up so we want to segue back to him and
see if it was anything else that he wanted to afford to us because he's definitely a
Quality speaker and has awesome contribution to the conversation. Are you there Aaron? Can you hear?
Yes, in my back. Can you guys hear me?
100% loud and clear. Good, sir.
Awesome. Yeah, I you know, I just want to chime in a bit. I think, you know, to me, I think ever since that Pudgy announced the NFT ETF applications like a crypto punk, a punk as one of the assets.
I was like, wow, this is insane, right?
Because I was there in 2021.
And that time was probably one of the most fun times I ever had in crypto.
Like, you know, everyone is like, you know, fighting for whitelist, you know, entering new mains and stuff like that. We haven't seen the mania right now,
but I do see that
ever since Spencer bought over Moonbird,
then ever since Pudgy built this
level of trust
when it comes to building an actual company.
And I think this seems to be promising to me,
because previously, I was quite bearish about NFT. I was like, And I think this seems to be promising to me, right?
Because previously, I was quite bearish about NFT.
I was like, you know, besides Pudgy, who else, right?
And I'm quite doubtful whether if NFT is going to come back.
But I think now we are in a good spot, right?
We just need to make sure that wherever people building NFT space are good quality people
and people experience and able to
really allocate resources in the correct way and not grifters and stuff like that. So I think this
is things, this is, I think you guys have to continue, you know, being, you know, the voice of
in Twitter spaces, right? Try to get, try to onboard people who have the right mentality and
the right mindset. And here we go, right? To me, NFT is always at the, like the peak of NFT is always at the end of the cycle,
right?
So obviously, you know, there's a lot of people taking position in NFTs right now,
right?
But to me, NFT has always been an asset class to mark the end of the cycle, right?
So whenever, wherever you make, right?
Whether you make money from meme coin or DeFi or, you know, trading, you know, at the end of the cycle, right? So whenever, wherever you make, right? Whether you make money from meme coin or DeFi or, you know, trading, you know,
at the end of the day, when you make those money,
you end up buying something to represent your identity.
And let's see, right?
I'm not sure where, how high we're going to be,
but I'm pretty sure that right now things are warming up and, you know,
happy to really monitor the situation
very high aaron thank you and i thank you for your take so i'm going to tell you maybe you're
not aware pudgy penguins for price will be 100 if we have the ethereum 10k so basically 1 million
dollar per pudgy penguins and liels 30 if make sure you buy them on blurred that way you can take advantage of the come up
so now you know no okay i have a question for you because i was in the same situation where
i'm very bullish on nft long term it's just inevitable but in the short term not because
i always thought we are dependent from the retail.
But the new phases with the institution, with all these wealthy players coming to do Ethereum strategy,
all these companies, all these people getting to participate and get involved.
them going at the end of the cycle or wherever it will be time for them to start status signaling
with these assets. They have been this few selected assets that have been chosen to be for the elite.
And we are seeing this in the market. So not just the elite market, art, high-end, and the CryptoPunks, even the PFP brands.
Like we have 10, 20 PFP brands getting bought by the NFT collectors and all the new collections
or all the new mints are struggling to even maintain the mean price or even getting sold out.
So I post today a screenshot.
We have basically all the GVC,
and later we will talk with Mason,
to have a decent floor price.
All the rest of the collections are OG collections.
So they've been tested to have a community and culture
and established brand. So my question been tested to have a community and culture and established brand.
So my question to you will be, do you expect this cycle to be a retail cycle? Because I don't,
and I see just these individual wealthy players coming to new their new asset for status signaling they are elite and
This can actually in my opinion
Bring price I move the price to incredible high. I'm even higher than 2021 simply because
They will choose just a few of them
a few of them loki i really i want to chime in just for a second i believe it will be a retail
cycle i will i'll say i don't want to rule it out only because money makes people move just like
when institutions were saying we don't want that nft stuff and in ntf and we don't want that
cryptocurrency and now look at them that when the volume brought them, it made them say, hey, wait a minute.
They're moving staggering millions and millions and billions of dollars
dealing with these digital assets.
And now they swarmed in.
And so as we heighten in this season, you know, people are looking
and they're still finishing up their surveys of what's going on over here. And at
the end of the survey, when they throw the paper down on the desk, it says, get your ass in there
and participate because it's a lot of money moving. So I think the staggering volume is
actually going to attract them. If we don't get the amount of retail that we would like to see,
I think they're going to start to realize that they're not going to be able to move forward
if they don't have some involvement with digital assets.
I think so.
Land my plan.
Alpha.
Yeah, thank you, Alpha.
But the thing is, what's in for retail?
Why they are interested to join?
I mean, this model of 10K, Supply Limited, and join Discord to feel exclusive. It was never designed for retail.
Like retailing web too, they're collecting with high supply.
We talked about this before.
High supply, they're collecting like sniping the rares.
And they're happy also to just get a...
I mean, there's no concept of floors and this kind of stuff.
That's where I see in a future when we
have the infrastructure for all of this for a retail cycle understood but not necessarily in
that regard that their their particip level of participation but maybe in some other regard with
the actual technology with with where nfts actually started in the first place. So I think they'll
start to recognize that if they don't incorporate some type of technology that would help either
with their sales or broaden their horizon or just to get them in the flow of the money as
millions are moving and billions are moving through digital assets, I think they'll start
to realize that and smarten up and say, we have to
figure out what we need to do to be a part of that cash flow going forward. What do you think,
Machiavelli? You got a hot take on that before we go to the... Sorry, Alpha, because I asked this
to Aaron probably like... Oh, I'm sorry. Yeah, Aaron, that's it's your it's your floor aaron yeah i
well i think the the honest answer is i'm not sure uh to be i like like what i said earlier i i was
pretty bearish on nft in the first cycle because i think the first cycle like a lot of my circle
a lot of my friends got burned right even i got burned like burned. So I came out of the 2021 cycle negative
when it comes to my NFT portfolio.
And I feel that that was like the only shock, right?
Because I think back in Asia,
some of the most famous pop star
in the history of Asian pop launched their NFT.
And I think that created a lasting narrative
in the minds of
Asians is that, hey, I don't think
this is sustainable.
What Lockheed
initially said
that it's retail coming back.
I do think that
if one day
retail do come back,
we're not going to play the PFP
game. Because I think the PFB game
is sort of dominated
with a few players,
right,
Pudgee including.
And I don't think
our industry is that big.
Like,
if you look at,
to me,
I look at Web3 as,
you know,
that's,
I don't know what's the
total market,
but,
you know,
if you look at
the most popular
Twitter,
like CT personalities,
I think you,
we have reached a cap, right?
We don't really see new people coming up to become the biggest influencers, the biggest KOL.
And, you know, I think the PFP is cap
because, you know, Pudgy, maybe Apes,
or maybe Azuki sort of dominated the mindshare that,
and we don't really get distribution
when it comes to the Web3 industry,
when it comes to mindshare of new collections.
But I do see a scenario where
consumer crypto maturing like if let's say we do have consumer crypto projects maturing in multiple
l2 and um and if they figure a way to integrate nft in a smart clever way i do see another you know
another extra distribution channel from that angle to coming in to have retail flow.
So, but right now, I just think it's too early to tell.
I have no idea.
I can't really predict the future.
But, you know, but to me, I tend to think that Pudgy and some other similar companies
building the case study for the last three years would tend to inspire more people to
take bets
and um to see who will be the next pudgy penguins right i think that is something that
it's early in the speculation phase and i think spencer with moonbird is the perfect uh
perfect uh play to really monitor closely and see how how we go from there
beautiful answer right there bro we appreciate it um yeah and the uh the the uh
those birds i guess this is a bird thing right it got the the birds got my tongue i saw a hand go up
in there i think it was alex you we had you here and and back away and uh you back again are you are you audible alex you want to
give us a mic check yo yo yo can you hear me guys yes sir we got you loud and clear this time cool
cool cool yeah i just just wanted to share my like my opinion regarding the nfc market in general and
like most birds it's really cool to see uh the the great run that they did
recently and some some pretty big guys like mike dudas and some other cool guys are starting to
pushing them and this is really something that i felt in 2021 2022 i got these feelings again and this is amazing but i do think we will
see much higher floor price maybe for real they will flip uh our lovely apes but only was i think
only was token speculation like it was with Azuki.
But after the token will be dropped,
like after the TGE,
the wall floor price will drop down heavily,
and a lot of people lose a lot of money,
and maybe they will only be able to if if the market cap of the upcoming token
will be good but what I wanted to share as well uh look not only on ethereum nft market but also
uh Bitcoin like ordinal's market started to raise up again.
And most of the collections are in Green Dawn.
We also had a really cool collection.
And right now on Ordinals,
there is another meta like it was with BRC20,
then it was with piercey 20 then it was ruins now it's a time for your c2.0
uh oh it's uh a new token standard that allows you to use smart contracts on mother chain i'm going to deep dive into the technology today gonna write the tread as well
but we already have a collection that minted out at 18 dollars okay all right so alex we won't turn
this into the shield fest sunday that We have that a little bit later today.
We'll be glad to host you on that and bring you up.
Right now, we're just riding the happy vibe and trying to figure out where we're going with NFTs in general. And we understand all blockchains host digital assets as well.
But we just want to make sure we kind of stay along with what we were doing.
I see Machiavelli's hand is up, so we'll go to him, and then we'll go to D-Webs in Cairo.
And then, yeah, if you have a take from there, Alex, we'll bring you back up.
Yo, I just wanted to say happy birthday to Captain, but I see he ain't on the stage no more.
Happy belated birthday. I know his birthday was yesterday.
So happy birthday, Cap.
Happy birthday, Cap.
Sing something,
Machiavelli. Now, let's cheat
a little bit on audience.
Very tales can come true.
It can happen to you
if you're young
at heart.
Do I have to hit the
mute button again? What is going on here?
Bro, you can't mute, Max.
Go ahead. What do you say loki okay let
me see a little bit on audience uh i mean no uh as long as it's it's hard it can be on any chain
uh even if you are growing your brand it can be on any chain what i don't see is the colorless
for audience in the same way i see for Ethereum. So simply because the two major players,
we have Sailor and we have Tom Lee.
So Tom Lee is repping Apodgy.
Tom Lee is basically, he just met the NVIDIA CEO with Apodgy.
So I mean, he's actively participating in the ECO.
He's endorsing everything because it needs Ethereum to be a thriving ecosystem, while Sailor is just passively accumulating. Unless something changes, we have a key player from Bitcoin interest to drive the Bitcoin audience ecosystem.
Just I don't think it's going to happen.
Valid point. 100%. You got to have something driving the move, right?
Not just that it's just out there.
Yes, sir sir and that's
why we love listening to loki let's let's reset the room right quick before we go to the next
hand or the next speaker like and uh follow the host his name is loki and if you pronounce it
loki then i'm not bullish on you but go down to the bottom right corner hit the purple pill uh
like and retweet if you've already retweeted unlike this shit not dislike it but unlike it and then like it again so we can keep poking the bear
poking the algorithm and get more people in here because people love this conversation and they
and they have a tendency to tell us man i missed it yeah well no you didn't miss it you had a
you know you was doing something else all right and so now i think we go d webs and then to cairo
if you were finished loki if you
weren't we go back to you but then if you were d webs and cairo
so i think he was let's go d webs how you doing today gm
hey good to see you good to see you long time no talk 100 always a pleasure
i've just been grinding away working on contracts. And as you
guys are talking about why NFTs are going to be starting to take off. I mean, everybody knows I
kind of see the NFT world from a very weird, unique perspective, right? All risk management,
legal, all that fun stuff. And what I'm seeing from my world right now is everybody seems to
really be focusing on establishing their foundation and building out a real business.
Something that's able to actually sustain itself, not just on the hype, something that's able to actually go.
And why I'm saying that is people are reaching out to me on the regular right now where people are like, hey, can you go ahead and check my terms and conditions and make sure that what I'm about to do right now I can live with for the next two or three years. And that's a question I wasn't getting before. The questions
before were like, hey, I want to do this. Is this bad? The change there is that timeline. They're
like, I want to make sure I can live with this for the next two or three years of my life.
And when projects are starting to really worry about setting that precedent, getting the words
out there the right way and living to what they say. I think that's going to be what really drives this next boom for the market itself is,
you know, everybody really just doing what they say they're going to do. And so I just wanted to
kind of add my two cents because I've been deep in the legal and contracts rabbit hole here for
the last couple of months, but I did want to kind of hop over and just share. I mean,
work's booming for me right now, which usually means things are coming. So yeah, just want to
share and hope you all ever having a great day. Happy Sunday. And that is legal advice from D
Wealth. No, I'm just kidding. Not legal, not financial advice. But real quick, before we go
to the next speaker, we want to just, we see, I see Cap, you pop back up. We want to say happy
birthday. If you like Cap or if you hate his guts, say happy birthday to him.
Throw him a like, follow, tell him something.
You know, just say, hey, happy birthday.
Cap, you got anything you want to throw back at us?
I appreciate that.
Really do.
It means a lot.
Is my audio okay?
I think when I dropped earlier, I was on Wi-Fi and then went to work.
Yeah, no, you're good, man.
You're good, 100%.
Good deal.
No, I just think to add great conversation and join it as always,
you all do a fantastic job hosting.
I just, my, it was actually,
my thought was inspired by Loki's post earlier or maybe yesterday.
And then Steve quote tweeted it.
Just this thought of like, can we,
is it a problem that the NFT leaders,
at least as it relates to floor price, are all legacy brands?
Like there's a couple, I think Good Vibes Club, Bad Buns, a couple of new ones on there.
I think it's a sign of health.
I think it's really bullish, actually, and maybe that we've matured as a space.
It takes time to build quality stuff and to get assets distributed.
I don't know.
Am I odd here that I think it's actually a really
good sign that we don't have like that half the leaderboard isn't brand new collections that are
just pumping on hype and excitement or announcements of announcements like i think this is a really
good thing no yes sir i would agree 100 man it's awesome i mean and and what it is i think the
space is recognizing those who put in
the work you know not just the newcomers who come and promise the next shiny thing you know the next
piece of gold that turns out to be fool's goal but those who actually built and having things uh to
dweb's uh prior statement that hey these guys are coming to us and saying is this sustainable so i
think the space is actually migrating towards those
who actually put in the work, those who have something and not just something shiny. And yeah,
so yeah, Captain, you are definitely aligned with the universe at this moment in time.
Well, and if it's, I was just going to add real fast, almost all of my clients that are coming
through with the, hey, you know, is this good for the next couple of years? They're all legacy projects.
I'll tell you that.
It's like they learned the hard way or they learned it all.
And so I'm with you here, Cap.
I agree.
I think it's super bullish.
And sorry to have stepped on you there.
My bad.
No, man, all good.
I also think you talk about success stories.
And I think, like, the reality is there was a bubble.
The bubble popped.
And for a couple of years, I don't really think anyone was considering entering the space because you saw like some big respected brands leave.
Now we've gotten past that. Now we're at a point where we've got real tangible, quantifiable success stories.
And, you know, from from pudgy penguins to wrecked and what they're doing in with their in real life distribution.
to Rekt and what they're doing with their in-real-life distribution,
I think that'll attract other entrepreneurs,
ones who maybe they launched an NFT collection
and just couldn't figure it out.
Now that I think there's some actual roadmaps
to sustainability and actual real revenues.
And now I say all that, I think it's more...
It's with a real business. It's, it's,
it's NFT, like PMPs. And I just not, not saying like a great art could succeed on just vibes alone.
But I think even like, no, no pun intended. If you look at good vibes club today, for all intents
and purposes, it's, it's great art and vibes and it's a good community. There's not any promised utility per se.
However, those founders have been building
a real life business that is a sister company,
if you will, that generates revenue.
And it's had success.
And so it's like, even if quote unquote,
good vibes club only generates a little bit of revenue
off merch and other things like that,
it's not like the founders have to pull huge salaries just to keep it going, just to pay their bills.
And I think we may see more of that where existing brands, like in this case, Toast,
enters the space, but it's not with a Toast PFP.
It's with a true NFT collection that kind of sits beside one of these established brands.
Or I do, I think we may see more startups enter the space and look at some of these
models like, you know, Klaino's for instance, that is, you know, not, not to, not to glaze
them just because Cab stepped on the stage, but it's like, we have success stories now
that we didn't really have in 21.
in 21 all we had in 21 was like the sellouts and the royalty revenue now we've seen those those
All we had in 21 was like the sellouts and the royalty revenue.
businesses mature go to market and and be like an outsider could look at them and see their
successful company even if they had no idea about the underlying nfts i think that's a big deal and
and i think now it's it's not like other entrepreneurs other would-be startups getting
started in this space just because they see it as like an opportunistic time because they could make a few million bucks on Minout.
I think now there's actual real playbooks, real roadmaps that they could come in, they could
launch a business with an NFT and then later launch a token or a brand coin if they want or
not. There's not any one way, but I think having a few examples of successful businesses that got their start,
they were native NFT brands. I think that's a really big deal. It's just, I don't expect it to
be exactly like last time. I think some may come in and it might be a, you know, a slower, you know,
move up if you will, in terms of just talking specifically for floor price. But that's, again,
I think that's also a good thing. I think it's a space maturing. And the reality is something probably shouldn't go from mint to a hundred
ETH in their, you know, in their first few months. Like, that's just like, why, you know,
like other than just pure speculation or a token, like that doesn't really make much sense,
but one doing it over the course of several years, like, like that's, I think, I think like
the rec story, for for instance being like a four
year journey which now seemingly seems like an overnight success but the fact it has been years
in the making i i think that's a a big win for all of all of us and and more likely to bring
new builders into this space than just the crazy mania we had in 21. I take always I take always
a value take from cabinet if you guys don't know who cabinet is he has a morning show 8 a.m eastern
every morning uh weekday morning and just go by stop by and uh listen to these guys have a bunch
of uh esteemed guests on the panel maybe they've even had Loki on the panel. So you know they are smoking over there.
So we want to
appreciate you, tell you that we appreciate
you. We had some more guests come up. So we're going to
rotate to Cairo and then I see Cab
and a couple of others.
Alright, so I just finished packing.
I am, wish me luck. I'm going to be in the
air looking down on all these
flightless birds.
I wanted to bring up the fact that Tun rang the NASDAQ bell this week.
Was it yesterday? A couple of days ago.
A la Luca Nets and Pudgy ringing the bell.
I have a thesis. It's very light and flimsy.
But two parts.
Communication apps, as we know, I think Weibo is in Asia am I tripping but anyways we have telegram here in America whatsapp major motion
on those social app collectibles digital collectibles we we we are aware of this and we see the the bell being
rang by by ton that's something to pay attention to if you in case you missed
it so I think communication apps are a very real quote-unquote consumer facing
onboarding platform now my question is have we ever onboarded retail have we ever
onboarded retail and what what incident is the closest what you look at doodles you look at
clay and the stores they have real animation companies cooking you look at luca you have real games coming, scanning real-life products.
RWAs where you receive your digital collectible.
You look at back, back, back, NBA Top Shot.
That was flirting with something that we see flirting again with Sui, S-U-I, with Pokemon Home,
having verified the first digital assets on blockchain from the pokemon company
you you see the last part of it the the unboxings the card ripping and the labubu
gotcha blind box mechanisms are the meta right now for consumers and retail so how do we do what artifact
could never do with Nike how do we authenticate certify and verify these
Pokemon cards which are like NBA autographs like sneakers like handbags
like left fufus prone to be pirated, to be spoofed.
So I think the technology, like Proof of Alpha hypothesized, is going to come full circle.
We're going to have real world assets verified on-chain for the sake of sustaining the collectible marketplace.
of sustaining the collectible marketplace.
Because right now with AI tools,
right now with the tariffs,
it is the Wild West.
And we need blockchain to verify collectible culture
that is the meta right now.
So I bid you adieu.
I'll see you in the replay.
You know, at times I forget how much of a big brain Cairo Ashley is.
That fucker is a big brain, man.
Always a hot take, always a value take.
Thanks for coming and contributing to the conversation.
And we're going to segue over to Cap.
Or am I...
Am I rugged?
No, I can hear you.
Okay.
For one moment, I saw Loki's expression.
I was like, oh, shit, maybe I'm rugged.
But, no, Cav, it's always a pleasure to have you.
We value your time as well.
I didn't see any hands up, so we just wanted to throw you in there on the hot seat
and see if you had a take for us today
hey I can I can jump in for cab if you guys can't hear him yeah no I can't
hear my he's on mute for me but yeah yeah I'll jump in on to me he's on a
plane actually cuz uh but I got my own yeah yeah i'll jump in i'll tell me he's on a plane actually because
uh but but i got him i got him i got him so i was talking about i might try to jump in there but uh
for those who don't know me i'm andrew so i'm ceo clean of swords cab is the uh he's our front man
he's our mcjagger but uh but i'm over here ceo in a little bit over it but ultimately yeah i love
the conversation and i think you know cab's on a plane back from from comic-con down in san diego
he did a panel with uh some you know amazing digital circus those guys get like 300 million
views a video and some really legit like ip makers and i think a couple of meetings with
warner brothers and paramount and stuff like that and um you know i'm party to a lot of meetings of
that nature as well and i think a lot of of what Cairo just said alongside what Captain was saying before as well, is really, really true in today's environment where, you know, one, like the fundamentals of each project and each NFT, you know, sort of individually is becoming more and more important.
Whereas like two, three years ago, that was, it was just sort of like, what's the hot thing?
Flip it, make some money.
And now there's this more like longer term fundamentalist approach for a lot of people.
And then on this biz like web two side, if you will,
what we're seeing is a lot more curiosity
in what appears to be more of a stable market.
I can tell you like personally,
because I do a lot of these biz calls
with potential investors
and then some big studios and names like that.
One of the things that ironically
is quite attractive to a lot of people
is the fact that the prices of the crazy as they are, you know, like
Captain, I think said it before, like, you know, what looks like an overnight
success is actually many, many years in the making.
And there's like slow and steady price increase that actually tracks the
underlying project success is something that's really, really appealing because the
last thing you want, if you're trying to build a mega project, and in our case at Klanosaurus,
we're trying to build the first on-chain digital franchise at scale, like Pokemon built from
day one on-chain.
And you don't want to have a massive price increase and then it fizzles out and then
suddenly it looks unattractive to everyone and even new investors are like dude no way like i'm
not touching this with like a you know with a 10-foot pole because it just looks so weird it
doesn't look attractive um so you know there's a lot more um a lot a lot of folks looking this
direction from like i said investors to big studios and all of them looking
and appreciating a more sound environment where people can operate um and i forget who was speaking
before but sounded like they were a lawyer of sorts and you know people taking this longer view
of not just hey like like make sure i don't break the law today and you know whatever happens in two
months i don't give a shit um i know like one of the controversial things when I joined Clayno, because I joined them the
day after they made it, was I told them right away, man, we got to button up this IP ASAP.
If you guys want to build a franchise the way you're describing, we might have to forego
some immediate opportunities in Web3 in order to button ourselves up really properly from
a legal POV.
And this is not often something that's even a topic of conversation in these
spaces and things like that, but we're in Canada and we've sort of like led the
entire country in how you account for like literally accounting processes that
we use to account for like royalties and in on-chain revenue and, you know,
submitting our taxes properly and all this kind of crap,
which is honestly totally boring, but is like a first mover thing in this country, at least.
And I think, you know, it's overlooked, but, you know, building for the long term is really
important. And I'm like really pleasantly surprised to hear that, you know, people are
coming to the water here and no, it's a mega thing and it's good for the whole whole thing in the long run but it also does mean that like you know there are probably some legacy
legacy projects that you know have to pivot relatively quickly into not just the uh crypto
twitter cool stuff and and start pivoting to into building things which is honestly a it's difficult
and it's a whole different cup of tea, but I'll stop my rant there.
Hey, no, man.
Rant on, man.
We love it.
We appreciate it. The more you give us from old Canada,
the more we can pattern ourselves after,
especially coming from Toucan Sam, Andre.
No, I'm just kidding, man.
Your PFP looks like Toucan Sam.
If you don't know what that is, that's a reference in the United States.
I literally call him Toucan Sam.
That is why I have him as my PFP.
So you're 100% singing my tune here.
Yeah, got to love it, man.
Got to love it.
We appreciate everything you guys over at the Klainos ecosystem is doing.
You guys came in with a big lift, and, I mean, you're still pushing the envelope.
So NFTs is what the subject is, and you guys epitomize what we're looking for in NFTs and
product and
Sustainability and just knowing what the fuck you're doing. Excuse my language if you kids are listening tell them
Hey, that's uncle T with the potty mouth don't talk like him. I'll pop your little ass
So yeah, no, but yeah, we appreciate everything you guys bring to the table man and a D web that was D webs that was speaking earlier
So I just saw him laughing so he he's back on the radar you guys bring to the table man and uh a d-web that was d-webs that was speaking earlier so
i just saw him laughing so he he's back on the radar but uh mcfelley you in there let me get a
pulse check on you man we want to make sure yo i'm alive yo i'm over here in uh yo i'm not only
am i in like the best nft space in the world i'm also kicking it with Garga and everybody on the other side, baby! Let's go!
Holy moly!
Yes sir, yes sir. Loki, definitely we know you are across the seas.
It's morning time for us, but it's the middle of the wee hours of the morning for you,
so we want to poke the penguin and make sure you're still alive.
Yeah, all good.
Too many smart people talking, so I'd rather shut up.
But, no, Machiavelli, where is Garga? Why you don't bring him here?
Listen, I can ask, but you know, Loki, we want you to come join us in the other side.
Yeah, imagine having this space from the bubbles and everybody's in there in the bubble you know
running around kicking each other in the ass definitely it would be a fun time even funner
than we have it now but even more fun than we have now but it's going to be hard to top this
we got some top-notch speakers and some top-notch takes as we always do uh like and follow the nft
renaissance look on the speaker panel you see see the Ying and the Yang faces right there.
That's the NFT Renaissance.
So if you are a collector, not just a collector, but if you are a collector, this is where you want to be.
That is your meeting place to meet up with the likes of the greats, which I'll leave unnamed because I'll probably mess some names up.
But definitely like and follow Loki and like and follow renaissance and pay some homage to this uh speaker and just like and retweet this space
bring your people on in everything bring it on there you go no thanks man no uh i have a question
for the panelists uh pretty much uh i i think what we're seeing right now in the market
where collectors are just flowing to establish collections,
the OG collections.
And I think it's a sign we don't have retail.
So we have people who have been here for years
and they don't want to jump on new stuff.
That's why the new means are struggling.
And they recognize who is building and how they're building and they want to stick with that.
So that's also my thesis on why I think this cycle, this run will be from those elite that will pick
a few selected collection and pump them to the moon.
My question will be for Mazen from GVC, but he left.
So since Mazen, basically GVC is the only one this year.
They are above mean price.
One of the few above mean price.
A very good floor price right now.
So it was today in my post, the top 20 PFP collections.
So this is because there is no chances for the new collections to be considered, or this is a
skill issue from the builders from these new collections.
Go, Waps, go.
So my take on it is that I'm seeing a lot of that iteration logic, right? Not everyone's
going to do it right the first time. And I think that's sort of the logic on why going with somebody
who's been established for the last couple of years and been working at it is kind of a safer
bet. You've seen these teams grinding through the bear. You've seen them making the mistakes
and still coming back and grinding at it some more. And on top of that, one of the other things
that I've started to notice, because in addition to all the contracts and fun stuff that I've been asked to help with,
strategy and risk mitigation all kind of go together. And one of the other things that
we're seeing as a really big shift now is how do we make the touch points to the user easier?
How do we make it so it looks right? How do we make sure that it's actually what the user wants
to do? How do we make sure it it's actually what the user wants to do?
How do we make sure it's as limited number of clicks as possible?
It's all of that fun stuff that when we were originally doing those mints, you didn't really worry about that.
You were like, just get it out, pump it out.
Someone's going to buy it, right?
Well, now we're in that refining stage.
We're in the part of getting it right.
And actually, I'm going to use a line that I'm totally stealing this from James Halden. So
if you're friends with him, you can tell him I stole this. But in one of the briefings that we
gave earlier this week, his line, it was the best line. He goes, what we were worried about for the
longest time, just and then I am going to cuss here, but just don't fuck it up. Like that was
the goal. Just don't fuck it up. Now we're at the part of let's refine it. Let's go ahead and do it
correctly. Like we've had the time to think about what makes sense.
And so anyways, that's sort of my take on why it is going to be really hard for a new
entrance to kind of keep up because, you know, it's that whole logic on why Tesla is so far
ahead on the AI.
They've been gaining that knowledge and the information year over year, time over time.
And it's the same kind of logic here.
So that's the end of my rambling.
Hope that helps.
Always a pleasure.
I want to jump in on Dweb's there, man.
Dweb's spitting fire, I have to say,
like singing music to my ears a little bit
because I think a lot of that is so correct,
in my opinion, where the just don't fuck it up
has transitioned into this, like, we really need to
make user experience appealing to the regular consumer, where like the technologist web three
esque person, you know, which most of us are by being here, that market is exaggerated, right? So
you want to bring on retail, and this is what Klaino was really trying to do and pushing for
hard. And that's why we've got partners like,
big studios like MediaOne and GameLoft on mobile gaming
is to sort of like bridge this gap,
which we think is user experience, much like D-Web said,
where when I first like jumped into Web3,
especially on the NFT side with Klano three years ago,
a lot of the rhetoric was education.
And even I thought, yeah, I learned this pretty quickly.
Like we can educate people on how to get into this.
But then you really, once you've had enough experiences with folks, you realize, actually,
that's, you know, maybe I take for granted how easy this is for me or how technologically
adept I am relative to the average person, or maybe just curious enough to like, like
plow through those walls.
Whereas the other people are, or most people are just like, no, like when I do something
technological, so to speak, I'm like scrolling on my phone you know i'm i when i do my banking it's just like you know with a card
it beeps you know i don't i don't fucking know like how does it clear from this angle to that
angle it goes through a clearing house and then that guy checks that guy and technically the money
only transfers three days there like no one knows that right so i think so when you go back to like
clano because that's what i know best obviously, and those experiences when we're comparing ourselves on UI, UX, like how do we make this the most appealing?
It's it's comparing to like other digital collectible universes, which are actually abundant, right?
Like Steam has like a five billion dollar marketplace or marketplace that does five billion dollars of business a year.
a year and then you know fortnite like valorant a lot of these are gaming uh examples but that's
in itself its own opportunity where there's this vacuum of space you know in the digital collectible
like sort of raw digital collectible environment to make user experience something that is appealing
to people and i think that's it's a few things like dweb said where it's like how many clicks
does it take like i don't want to go from like this to wallet to kyc to now i got to figure out how to get money on here. Like, it's just very complicated to just like click, boom,
I have an NFT, which I might not know is an NFT, but I know is my digital collectible that I own,
right? Which is really what you're saying. And so you make this really, really nice user experience,
which we just did this Popkins launch about a month and a half ago, maybe two months ago now.
And that was sort of our beginning of bridging that way. And
for those of you who experienced that, is it 100% of the way there? No, not yet. But is it a lot
better than it was, you know, when you just other whitelists and mints we people have participated
in? I think the answer is yes. Ultimately, you know, it's the user's bench, I think it's also
the price, which I captain mentioned before as well, not in this context, but it's not always
about price. But what is interesting from a collector's journey POV is like, well, I want to jump in at
this reasonable level. Like when all of us were, let's say younger and you wanted to like, you know,
buy Pokemon cards or the things you find collectible today, you didn't jump in for the
in for the first time at like a $1,000 price point or a $10,000 price point, you mess around,
first time at like a $1,000 price point or a $10,000 price point. You mess around, right?
right? Whether it's like sneakers or sports memorabilia or like trading cards, whatever,
right? And that's the kind of experience you need to start building out in order to get people at
the retail level. Because like, I'm sure many of us, all of us are sort of repping NFTs as PFPs.
Like, go talk to your parents or your friends who are not in Web3, be like, yeah, like this PFP is
worth X amount of money, whatever it is, a1,000, $10,000, $100,000.
They're going to look at you like you're absurd.
I'm sure all of you probably have that experience.
You can explain it to the end of time.
You lost them at the intro, right?
So user experience for sure.
There's direct comparables.
And I think price is the one that often people get focused on in sort of this wrong way.
It's like, you know,
price go up, price go up, price go up. The long end of your demand curve or like that small bit
at the end, that is where we are today, but you've got to build up the other parts.
And so I think there's a huge, huge opportunity there, ton of vacuum for quality. And I love to
see that people are thinking the same way. Yes, sir. Awesome take. Awesome take.
Loki, do you...
I wanted to come back to you
because I wanted to ask,
was it pronounced suey or suey?
But I know that's definitely way off the point.
Suey!
Let's go back to Loki
for some more intelligent conversation
because I'm going to dumb it down
with suey or suey.
Wait, Alpha, what's the question?
How was it suey or sweet?
How do you pronounce the the blockchain the cryptocurrency suey or I know you gotta ask the clay they clean our guys
I think it's sweet. I
Just say suey. I don't know if that's the right way honestly
don't take it from me but yeah let's let's make it a polymarket bet but yeah no we appreciate it
man thanks for uh bringing that um i saw andrew requested i didn't know if andrew was uh on the
stage yeah he's coming up so uh we can get some more big brain burbs in here uh andrew can you hear us
are you let me let me let me intro andrew yes sir yes sir no please don't intro me please please
we got this guy on stage he was calling for bear market this spring nice calling for their market on NFTs. Welcome. Tell me.
Perfect intro. What's up, man? How are you, Loki?
I'm very good. Pudgy, 100 if, end of the cycle. Lils, 30 if.
Yeah, Kalano owes us money, by the way. So I'll be collecting that pretty soon.
Yeah, shout out Kalano. Follow Kalano for all the dumb mistakes,
by the way. Great guy, but he has his moments where he's just, you know, he's just, I guess,
not doing his best. He's just not doing his best. Yeah. Andrew, the better Andrew, as referred to.
Brother, how you doing? Good. You, man'm good it's good this space is taking place while both my kids are napping so perfect
timing guys I love it oh good good which means I have time for a question then
you made a tweet a couple days ago Loki's tweeted the same thing multiple
times the spaces I currently gung- ho on this NFTs, institutional funds, sweeping buying collectibles.
I think there's there is a GameSquare purchased a Pong for five mil.
Obviously, these things are probably exceptions to the world, which may not occur super, super often.
You had a tweet the other day. Absolute banger. Obviously, I'm very biased working with you guys, all that stuff.
But can you elaborate on like that conversation and where you think the space is headed towards?
Okay, yeah, so this is like, okay, so I don't know,
those who don't know me, my whole career before Clano
is like sort of in the investment world
of private equity, private credit.
So I've done probably numerous billions dollars
of transactions and probably led over a billion on my own.
That context is one to flex because why would I be here if I wasn't flexing?
But also to give you context of who I'm talking to, which is like an older sort of trad fi guy that I've known for a while, call him a friend, super nice guy.
And he's been doing things in crypto actually for many years.
I only put a number of I think like seven, eight years or something. Institutional level deal making for mostly BTC stuff and
big, big ticket sizes, like hundreds of millions of dollars, billions of dollars stuff for
organizing these kinds of transactions. So probably the things we see in the news, he's one of these
guys that's been working on them for a while. I don't want to talk to him because I haven't spoken to him or
let him know that I would, you know, make this conversation public. But ultimately, I was sort
of picking his brain on I think it was Friday or Thursday morning about this NFT treasury rhetoric,
which stems from the transaction that Andrew just mentioned. And, and he was basically saying
something super interesting, which is like, everybody is kind of plowing into BTC. So this moment where I think years ago,
people were like, okay, financial advisors in the real world, they're going to tell you
to make an allocation. That split of your portfolio, if you're a retiree or an investor
or an institution, whatever, you've got to put at least 1% of your portfolio in BTC or some portion
of it. And that seems to be happening right now,
which is obviously creating massive influx into BTC.
I think $9 billion got absorbed in a clip last week, right?
We all saw that.
So there's a ton of demand for BTC.
And so his take being one of these guys behind the scenes
and kind of like working on things before they happen sort of thing
is the current market is sort of saying well what's
the like where else can i invest that's not btc like what's the narrative for us to sell to these
people that's not btc and his suspicion because i'm you know i was asking him about this entity
treasury stuff whether he'd heard about it was like yeah like this if you can borrow against
those things like the way you would against art um and then place money into like an asset that is relatively safe.
And how you define a store of value is a whole different cup of tea.
But BTC is an obvious one.
Gold is an obvious one.
But art is also another one that people often don't think about in the real world.
And obviously, the natural digital translation of art is NFTs.
So in his view, it's like definitely makes a lot of
sense that NFT treasury companies would absorb like the top of the top NFTs and those vehicles
would begin acquiring things like that probably around now as a consequence of this BTC trade
being so overwhelmed, so to speak. So that was the
conversation I had. Take that with
what you will, but that does leave
a... That's a very different approach
than the one. Andrew, should teams
be like... Should the NFT teams,
I don't know, I guess us included, be
working towards institutional angles?
Whether it's creating certain offers for them,
different value propositions, what do you think
NFT teams should be doing?
Because I see like even the rec guys,
OSF's putting out some tweets this morning.
I believe he's tagging GameSquare
and I think the other one, something digital,
where like they're trying to get institutional buy-ins
to the token NFTs.
Like should teams be actively putting things together
for like, you know, decks,
obviously value offers, things like that
for the next like, don't know at least
six 12 months yeah i think the quick answer is yes you should probably be trying if you have a
realistic shot at being one of these like grail projects or pieces then there's no reason why you
shouldn't do it and i'll tell you why like there's the natural um you know purchase you know power
or purchasing like sort of demand,
especially until probably like if we're talking Klino and I was advising an institution, I'd be
like, you probably want to pick up, you know, some grails or, you know, we would walk them to like
where the places are that are most collectible. In our case, it's like Apreski. I'm not going to
go down our collection, but there's like, you know, there's the Crimson Clan Apreski, there's
the ancients and stuff like that, because these guys are trying to stick away like, you know, there's the Crimson Clan, Apresky, there's the ancients and stuff like that, because these guys are trying to stick away,
like, you know, at least six figures,
if not more than that for these NFTs.
And so you're creating demand
in that really, really like low, low, low liquidity area
of your collection.
And I think that's important for a few reasons
outside of the direct demand,
but also for the fact that like,
like just the PR, right? Like if you're fact that like like just the pr right like if
you're sitting like let's say you're like a big institution i'll give you an example what was
where was i reading this someone gave this example about like jp morgan like buying art you know at
the early like turn of the century not the turn of the century the turn of the of the 20th century
and um if you have like a plano sitting inside of like the boardroom uh at jp morgan like
that's pretty cool right like you know there's the stature of being in those places it it makes
that collectible part of your digital collectibles ever more collectible right so it's sort of like
a self-fulfilling prophecy so yeah quick answer is yes and then for all the reasons i just said
you should you should definitely be trying to do it. But also I would say be realistic, right?
Like, you know, I think you have to be truly collectible
and that literally takes the passage of time, right?
So punks is what we've seen happen last week.
And then I have a pretty long post on my page.
I think it's still pinned on my profile,
which touches on what I was just talking about
my last little rant, but go ahead and read it.
But in there, the only example I give of a collection that I think is like sort of safely
an NFT, the collection that is successful is punks, right?
So, you know, be realistic about where you're at and what you're building.
But ultimately, I think that it's definitely a yes, you should be pursuing those things,
which is why I was having those conversations in the first place.
Which definitely reads uh to the
retail cycle yes or no i still say yes that's how loki's hand fly up when uh you said nft uh etf
nonsense or whatever you said but however you refer to it and i know loki's just boiling the
noise right over there loki come on in with your take bro bro never listened to me. I gotta repeat the old monologue one hour long.
No, I totally agree with Andrew. The smart one.
But, I mean, yeah, be careful because we've seen on chain already like big sweeps of CryptoPunks, Squiggle, Autoglase, Fidenza.
Squiggle, Autoglase, Fidenza. I think Pudgy and Borde for their ties to these companies will get there.
I don't know how crazy things will be, but I think fundamentally there are two reasons.
All these new companies doing Ethereum strategy, they are exposed to
Ethereum. They want to be part of it, the ecosystem. So in the end, they will start
signaling how rich they are. And that's just how you trigger a run, you trigger a utility. So my thesis is that these years for NFTs serve a purpose to consolidate
these assets. And I recently came to the conclusion that these assets, this current NFT model doesn't
make sense for retail, but it does make sense for an elite group, which happens to be the
for an elite group, which happens to be the finance tech group.
So I think all these players, they're new, they're going to take this culture
that we have in crypto, make their own and push this collection to crazy prices.
Maybe Opium guys, but I think they're going to price people,
even as we're going to get price out
definitely we're looking for price out to price everybody else out so when they come in they can
pump our bags right now i'm just kidding but yeah man it's uh it's it's phenomenal how um as in the
middle of the season um things just explode and start going in all kind
of different directions for all kind of different reasons. D-Webs, I saw your hand fly up. High five.
Well, hopefully you can't hear my daughter in the background. She just woke up from her nap,
so I'm not as lucky as Andrew right now. So I apologize if I have to hop real fast.
But one of the things that I'm kind of thinking
as you guys were talking about is it's that idea of kind of punching up the ladder, right?
You want to always punch up.
You don't want to be punching down.
Uh, and so by going up and kind of going up into the, the, uh, the higher echelon, the
big holders, the people who have the money who are flexing, you're dealing with a completely
different group.
And the coolest part about that is all the ideals and all the things that we've learned,
all this lasts, I don't know, what,
seven years or so in the space,
all of that's also being applied into Web2 itself.
One of the things I'm working on right now
is launching a certification program.
Won't go into too much detail,
but as a part of that,
we're applying all these Web3 ideals of community
and involvement into a Web two product. And by
doing that, you're going to get all these individuals who are not as used to the idea
of a community being able to go to events, being able to meet individuals with like minds, and then
have something to show for it. I mean, that's the coolest part about an NFT is I got something to
flex at the end of the day. I think that logic, having it slowly ingrained through Web2 is another avenue that is going to make our area explode.
And I can just fun fact and then I'll run the company that we're partnered with to do this certification.
They're in the process of doing their raise. They were just valued at two point four billion and they're trying to raise it three billion.
So, yeah, we're just kind of seeing the way the information and the flow works and
i'm just really excited about how by all of us kind of learning and building the communities out
we've created this ideal and now it's starting to spread its way so um yeah what's the what's the
what's the best case best case outcome for these companies that are raising 2.3 mil like what's
the best case outcome for them so in this specific company other than i'll give you okay other than i'll take away the out other
than like raising more money and making more money what's the best case outcome for them
so in specific to what we're working on i i did like your i was gonna take the out i'm a contracts
guy i was gonna take the out um i fucking knew it. So I appreciate that you were on point there.
But really what's happening with this group is, because I can't speak too much on exactly what
it is yet, because we haven't released the press release. So basically, because of how big they are
in their space, they want to push the whole rhetoric forward. And if they're able to use
their tax dollars, in this case, you know, it's all kind of burn money.
They're able to apply tax dollars towards learning and pushing the space forward.
That's kind of their logic at this point.
And I'm really like, again, I'm trying to pick my words very carefully because I'll get in a lot of trouble if I say the wrong thing here.
But I think it's all about getting your name out there, right?
It's that whole image. And if you're able to be early and show that you really are the face of
this new idea, this new ideal, this new certification, this new class, what have you,
but being first and being that image, I think that's the real big push right now. It's kind
of the Kleenex logic. Nobody knows about tissues, but you know about Kleenex, right? Or Q-tips and all that sort of stuff. And so I think that's really the big push
right now is to get out there and be first. And then I also think it's a matter of control. I
think if you get out there first, you control the passage where everybody's going to be going after
you. If you beat the trail first, someone else is going to have to come in behind you. And I think
that's the other factor of it. But yeah yeah obviously the big money raise and getting everybody paid is
the biggest factor yes is there an et on the press release can you send them can you send in my inbox
when you guys release it like i can definitely do that i can tell you that the raise itself is going
to be sometime in the october time frame is what'm expecting. Thank you, Amber. That's when I'm expecting
that to kind of come full
circle.
But yeah, I'm really excited because
I just got authorized to even
mention anything about this.
That just happened, I think, Monday
or Tuesday of this week. So we're making headway.
Yeah.
I don't want to toot my
own term too much, but if you know my by background you probably can guess what we're working on
So we want to thank amber for kind of distracting you while
Andrew was squeezing you for the alpha and because I was definitely saying squeeze him, you know, like finish him
And then and came in right in with it. So great great squeeze Andrew
And for some reason I kept thinking i was the spider-man
meme you know how you see one andrew then the other andrew he's pointing at the other one
pointing back at the other one that's what i was going through right at that moment um but yeah
man thank you for the alpha and we'll we'll look forward to that in the cabal chats uh like when
that's received when that's uh released but if you were not through let's get you to say anything
else that that you uh you know you might get off and say,
dang, I forgot to tell them this. Anything else while you dismount and get to the baby D-Webs?
No, that's it. Oh, well, actually, you got it. No, I always have one more thing. So the thing
that I'm doing right now when we were going back, thinking about what we were talking about before,
I think all the groups have been really diligent about protecting their intellectual property
early on, making sure that holders didn't go super far out of line.
And if they did, it's like how apes did, right? You owned your IP and you knew what you were
allowed to do. I think those are also the groups that are the best position to grow. So that's
what I'm looking at when like, what's the next one to pop? I'm looking at the ones that have
done a really good job of buying IP. They have their contracts written out and all they have to do is tweet stuff to make it feel right to the user.
So, yeah, that's the last thing I got.
And I hope you all have a great Sunday.
Thank you, sir.
And the feeling is always reciprocated.
Hope you have a great Sunday.
And thank you, Amber, for doing your thing.
Amber Alert for keeping Dad alert.
Andrew, was there anything else that you had to wrap up on that before we go to Brad?
I saw Brad's hand up.
His arm's probably falling off right now.
Andrew, was there anything else you wanted to wrap up with?
Better, Andrew, I assume.
Better, Andrew, bro.
Oh, no, no.
I'm good, brother.
No, no, no.
I love having D-Webs up here.
That was like-mindedness.
It was great.
You got me speculating on this potential deal, but no, I'm all wrapped.
You can move on.
Awesome sauce.
Now we go to the other Andrew.
Point at the other one.
Point at the other one.
No, sir.
No, sir.
All right.
Awesome sauce, guys.
Thank you for contributing.
Brad, what do you got?
Come on in.
Good sir, GM, and how are you?
Good sir. Fred, what do you got? Come on in, good sir, GM, and how are you?
Oh, yeah, GM, GM.
Yeah, dude, this has been a great conversation today.
This is something that, you know, I mean, I think a lot of us here,
especially some of us on stage, you know, have these baked-in biases from being here through the first, you know, 21, 22, you know have these baked in biases from being here through the first you know 21 22
you know leading up until now where it was legitimately yeah i forget who said it earlier
just get it out it doesn't even matter what it does how much it is what chain it's on how
good or bad the artwork is just get it out you know and uh it's funny because we've moved through
so many different metas over the past few years.
And it seems like these metas, well, what was once a meta has just become a full-blown protocol.
I mean, we went through this whole open edition meta, right?
And now we have Zora.
And then we went through this whole like, oh, utility meta.
And it's like, we've got RWA, we've got D-Pin, we've got all these different things.
And it's like, we've got RWA, we've got D-PIN, you know, we've got all these different things.
And I think it's interesting to see how different NFTs look now than they did in 21-22.
And a lot of times, you know, the same ideas, the same concepts won't necessarily apply,
you know, and I think so.
What's going to be interesting to see this cycle, you know, is I still believe, you know,
I've been saying it for, I don't know, since 23, I guess, like when the whole, the first big wave kind of died down, you know,
is that it's not going to be enough to just be a PFP, you know, and whether or not that's
because it's a membership or whether it's a deep in or whether it's, you know, whatever it is.
I think that going forward, a lot of these NFTs
and these new projects that are going to come out are going to have to provide some sort of
real benefit to users, to holders, you know, features are great at opening the conversation
and you can talk about your chain, you can talk about your collection, you can talk about how
many transactions per second, blah, blah, blah. But benefits are what closes sales,
you know? And so until we can get projects that are really focusing on benefits first,
you know, and it's like, it's not enough that like, oh, I'm one of 10,000 people invited to
a party halfway around the world. You know, like I'm not going, I got kids, you know what I mean?
Like, so there has to be something that applies right now to every holder, regardless of where they are, what financial situation they may be
in. You know, um, I think there's a lot of focus right now on these big institutional players,
right. And it's like big money coming in, which is great. And I think we should definitely like
nod our caps to them and be like, Hey guys,, welcome, you know, but in order to have a real staying power and get that real stickiness that, you know, we saw earlier is,
uh, there has to be a benefit to the people that are actually buying the product. You know, I think
it's, uh, we're going to see, I don't think the next, like, you know, the next board apes, the
next pudgies, the next cleanos, the next doodles Doodles. I don't think that they're here yet. I don't think that that collection, there hasn't been something that's going to be an obvious no-brainer, kind of like, oh, yep, we should do that.
what it looks like. I mean, personally, I hope it's not some giant institutionalized like
craziness, you know, but at the end of the day, you know, unless we can really start to focus on,
you know, essentially, you know, not to sound boring, but you know, like web two or web three
has always been great at customer acquisition, and really shitty at customer retention. We need something
stickier than what we've seen the past few years. And I think that's ultimately going to come in the
form of a utility that's baked in. And I think it's going to tie into AI. So shout out to all
the builders out there that are trying to push forward this kind of mixture, this crossroads of blockchain and AI and having NFTs that enable an AI or give access to an AI.
Something that, again, will ultimately benefit the holder immediately.
And not something that's like, oh, we'll find out.
Announcement of an announcement coming soon.
And you'll get your benefits in six months maybe if we don't run out of runway you know like we need real benefits to the tech that apply to every user and i think the first
team that you know nails that is gonna be just an absolute smash success i take i saw cairo's hand
i think i'm pronouncing it right cairo is i saw that hand come up right in the middle. And it's on you.
High five, sir.
Yo, GMGM.
Bangor panel again.
Shout out Loki.
We haven't talked in a while.
I love your takes, man.
It's like really, really interesting.
I had some conversations.
I was really deep into the Bored Ape ecosystem.
Then I was completely fed up.
Moved over to like Pudgies as the main thing.
And like you guys are saying, I think if you look at the success of Pudgies,
they moved way beyond just the PFP, right?
They have games, they have trading cards.
And then some former apes, they asked me,
when is Pudgie bringing out their metaverse?
Because the other side looks like it's a really shitty thing,
the current state as it is right now.
And I don't think Pudgies are planning
to do any kind of metaverse because the
whole meta again for
metaverse has changed, right? They're bringing out
a bunch of casual
games that you can play.
So it's very interesting
how this is changing and what is still mind-blowing
to me is I read
the Blockchain Revolution by Don Tapscott how this is changing and what is still mind-blowing to me is um i read uh i read the blockchain
revolution by then uh don don 10 tap squad in 2017 or 18 and there was said like nfts can actually be
used for uh doctor certificates driver's license uh title deeds in real estate and everything and
so far it's it's still just pfps and the whole ip play obviously
so uh i think it's going to be interesting when nfts are really going to um evolve into something
more than just pfps and building uh building stuff around the ip but again just my quick take
uh i think you guys are coming to an end and love to hear your takes as well guys.
Yo Aikairo, thanks for joining today. I'm in the end zone now, there's only eight players in Fortnite live still.
LOL. Yeah I mean absolutely, NFTs have so many applications. I watched a video, one guy is opening his door with an Ethereum transaction. Anything except for food and clothes can be transacted on Ethereum and will be authenticated on the chain.
That's crazy.
Yo, by the way, yeah, I'm getting tired.
Tara, thank you guys for today.
Thank you guys for today.
Amazing space.
Amazing space.
We will come back next Sunday.
I don't know the topic.
Probably we will talk again about institutional NFT until it becomes real.
I will keep preaching this stuff for years, whatever.
But yeah, guys, follow the panel. Thanks again.
Also, shout out to Andrew. Andrew, if you don't know, basically, he's the guy that triggered this space.
Alfa, do you know? Do you remember? So when we started on weekends like very very random yeah he was DMing me hey let's
uh let's do some space let's do whatever and so we started and then it became a thing so yeah shout
out to him yep and I just want to say man I'm sorry for you telling everybody that I'm in your
DMs and I know because now they know now the secret's out that i'm you know i'm the intern and i'm in your dms
loki for crying out loud bro
hey y'all so he's getting tired man and we want to respect his time so we can keep him fresh we
got to sharpen the knife before you go into war so you got to let him relax and rest so he can be sharp going into the week.
Thank you for everybody who's here who came.
You could have been anywhere in the world, but you chose to come hang out with us.
And we want to make sure we let you know that you are appreciated.
And we'll see you on the next one.
And Loki's going to hit this button pretty soon and stop my rambling.
But we love you.
We appreciate you.
Come back and see us again.
And have fun talking about NFTs. and stop my rambling but we love you we appreciate you come back and see us again and uh have have
fun talking about nfts yo loki
Speaker
Bullish
from
BULL Token
