Projects
![]()
No projects found
Investors
New
DAO Treasuries
DATs
Lend / Borrow APRs
Chains
Categories
Spaces
Nibiru Unchained #2: RWAs, NFTs, and DeFi
Recorded: March 21, 2025 Duration: 1:28:01Space Recording
Short Summary
The Nibiru ecosystem is experiencing significant growth with new partnerships, technological advancements, and project launches. Key developments include Layer Zero's integration for interoperability, the introduction of the Nibiru NFT Genesis Collection, and Saifu's Web3 lifestyle app. Additionally, trends such as network independence and regulatory easing in the U.S. are shaping the crypto landscape.
Full Transcription
Yo, yo.
How's it going, guys?
Hey, there.
Hello.
Hello, hello.
We'll get started in a couple minutes, just waiting for everyone to join.
Great.
Fuck what you heard was switching up the frequency
Raw shit on the mic, that's my specialty,
broadcast it live from the edge of space,
got you no crypto here to set the pace.
Unsensor vibes, we break the chains.
Two misfits, being true, no pains.
You ain't ready for the things we know,
but soon in anyway, let's run a show,
So now, welcome to our wavelength down.
Great free, no doubt, this is what we're all about.
Digital profit with a crypto flow,
slipping on truth while we watch it grow.
Ancient mysteries a modern code
Blockchain wisdom about to fucking explode
Surrogloops keeps it real I keep it strange
Two different vibes football in the same range
Good by brute calling can you feel the shift
Your conscience is about to get a lift
Static in the system but we found a way through
Breaking out the rhythms everything we thought we knew
Up the old frequencies were on some new shit
Welcome to the movement where the truth is
To me, so now, welcome to my wait, let's know.
Welcome to my weightline now.
Brain free, no y'all.
This is what we're all about.
Talk about.
I'm going to be.
All right, crypto fan.
We did it.
Episode two, baby.
The markets are bleeding.
Our portfolios look like a crime scene.
And somehow we're still here and still talking about crypto and still pretending we have a plan.
And that's what I call financial resilience or collective insanity.
Yup, exactly.
When the market is chalked like this, it's just time to vibe and touch grass in my opinion.
And that is exactly why we have unchained.
Right.
But before we go much further, we would really like to ask everyone in the audience to help us amplify the space as much as possible.
So like the space tweet, retweet it, bookmark, and comment.
This really helps our visibility.
We will also be pinning up tweets from guests.
So please like, follow, and retweet those guests as well.
Yep.
Yeah.
And welcome back to Nibiru and Chain, the show where we break down the biggest updates, the weirdest trends, and the kind of stories that make you question why you still have your Wi-Fi turned on.
Exactly. But more importantly, we're here to explore everything happening in the Nibiru ecosystem. Build it and they will come. And that is exactly what we've been seeing and pumped to talk about it today. Not sure.
If everyone saw all the announcements, but there have been some huge partnership announcements this week and really just in the last month, the EVM rollout is getting bigger and bigger.
And if you didn't tune in the last episode, I'm Sue Poop's Lot, trader, artist by day, the only man alive who lost everything on leverage trade and a bad burrito in the same 24 hours.
Oh my God, dude. What? What do you? This is a true story? You, you lost it all leverage trading and.
You know, you have a barrito when you have a gas-facing burrito and five minutes later, you're standing screaming, this is a honeyplabros.
No, sorry. I'm sorry. I was muted there for a second. Um,
i'm not sure about this gas station burrito and i'm honestly not sure why you call it a honeypot
because anyone who eats a gas station burrito really deserves what they are getting but no that's
not 100% true because i'm not sure if you heard about this but in texas we actually have some
really badass gas stations are you familiar with that is that something in australia
i'm intrigued uh tell me more tell me more
Right. Okay, as a gas station foodie, which you might be. You're going to love this. They have, so there's a couple different gas stations here in Texas. I know this is like just a random tangent really, but this is a thing. And if you haven't heard about it, if you come to Texas, we have some amazing ones. Buckies is one. Another one is Stripe. Stripe is like these awesome tacos. Buckies is like a little mini Walmart. It's pretty insane.
Well, you're making me jealous that we hear that's what I'm saying.
We got meat pies in Australia and the one burrito I found, you know, it destroyed me.
So, you know.
So yeah, you got the one little roller.
This is horrible.
Yeah, exactly.
You really deserve that one.
I'm Juno Crypto, by the way.
Your co-hosts who is bringing the Texas charm and apparently talking about Pia stations.
Before we get into the nitty-gritty, got to show some love to the brains behind the view.
Here's the squad.
Unique co-founder and CEO of Nibiru, if Alpha were a person, it would probably look like him.
Dave, General Counsel, G.C. Are you with me?
The only man alive who can read 300 pages, legalese, while holding a toddler and still remember what page is on.
Hey guys.
Welcome, welcome.
Oh, cool.
We also have, sorry, go ahead.
Let's see Kaliko need the beer is Habibi as well.
Kaliko, I see you right there.
And we have more.
We also, we have a lot of people today.
We have Brandon, our head of growth, who is usually powered by espresso, spreadsheets, and God knows what else.
We have Eric, head of ecosystem.
He builds partnerships by day and by night.
He still partnerships with more salsa.
Also, we have August, aka Stop Loss Wang.
She is our marketing lead.
She's got food take so hot.
Gordon.
Ramsey had some block her.
Can you believe you?
You don't like it.
Don't lower your stakes unless you want to get grilled yourself.
I just say that.
Yeah, I wonder what her take is on Bucky's down here in Texas or stripes or your gas station.
And last but not least, we have Noel, our designer, full-time gamer.
She's got more fire than a Charzard in ranked mode.
Mm-hmm.
So I'm talking about.
We also have people, we also have a few chats from the ecosystem here to chat about what they've been building on Nibiru.
Welcome Dom from layer zero.
Hey.
What's up Dom?
Yo, yo.
Hello, man.
Hello.
We have Eric from Astro Vault.
What's up, Eric?
Eric.
How's it going?
Welcome back, dude.
Yeah.
And we also from Japan, hop on, we have IPEC from Saifu.
Hi, hi, everyone.
Let's go, Ibae.
Hey, what's up?
I don't know why I said Japan and Spanish.
So thanks everyone for coming through for Unchain.
Now let's talk about the community because at the end of the day,
the Nibiri community is the lifeblood of this project.
And that means it's time to get into something special.
Ananaki, Unchained.
Ananaki and chain, an anokin on chain, I'm chained,
no, nobody likes that.
I'm sorry.
What?
Is that out?
Wait, hold on a second.
Keep going.
I think that was Michael Jackson.
You just take Michael Jackson?
It was exactly.
Are you moon walking right now?
Yeah, I'm like that.
And you know, just say my shimon's.
But anyways, let's continue.
Every now and then, someone in the video community goes hard.
And this basically become, they become a mini celebrity or what I like to call.
a nibious liberty.
Last month, it was Stefan.
I see you in there, Stefan, holding it down, setting the bar high.
But this month, the un-knocky shout-out goes to Pineapple Nibi.
All right, Pineapple.
Let's go and throw up Pineapples tweets on on the space.
Let's see.
Right. As soon as I get linked, make sure to like and retweet and follow Pineapple.niby.
We love his vibe. Everything he does. Check Twitter, good Twitter.
He is on Nibirut in the ecosystem, scooping up.niby domains left and right.
I mean, we really do appreciate you, Pineapple.
Just to recap, pineapple is a Anunaki within Discord.
And if you're listening, you can join too.
Yep. And when you do that, you just don't get cloud, you get access. You know, Anaki's unlock the vibe hard role. And they get into exclusive Discord channels and get alphas before anyone else does. Right, which means pineapple.niby isn't just in the ecosystem. He's getting the alpha because he's Ananaki.
Yeah. Speaking of top contributors, let's talk about the Blossom ambassador program.
What do you think?
Yeah.
Dude, if you're deep in the Niburo ecosystem and want to level up, this is your shot.
The Blossom program is built to reward high value contributors, not just for engagement,
but for actual building.
So if you want to get noticed and get involved and get rewarded, check out the Blossom program.
It's time.
My favorite part of the segment, tails from the block.
And no singing, no Michael Jackson this time.
I'm just going to go normal.
We're here to highlight the biggest wins and the dumb sloths on this segment and the kind of stories that make you reconsider your financial decisions you ever made.
Okay. What do we have on the chopping block today? What happened this week?
All right, you know. Have you ever about this trader who shorted over, you know, $516 million worth of Bitcoin on Hyper Liquid?
Yeah. I saw something on the timeline. I, I, I,
But 516 million.
I mean, I kind of really didn't read into it.
Tell me more.
Okay. All right.
So this guy lit it up about 40x leverage short.
We're talking about 6,000 BTC at an entry point of about $84,042.
So he basically looked at Bitcoin and said, you're going down, bitch.
That's a bold statement considering Bitcoin's entire personality is doing the exact opposite, at least for me.
Yeah, exactly.
But at first he started at $9 million when he first, when he first entered.
And he DCA'd up.
And when it went up against him later, but then eventually went down, he was actually winning.
Bitcoin dip and this guy was seeing about 9.4 million in unrealized profits.
Ah, yes, yes. I know this feeling of a green P&L.
Yeah, that's happened every now again.
It creeps back up, right?
Right, like a horror movie villain that you see get killed, but now it's standing behind you with a knife.
I know what you mean.
Yeah.
And yeah, this is like most of the stories take a tragedy turn, but this plot twist, this guy actually made the smart move before Bitcoin can reverse and pump.
He closed the position and walked away with the 9.4 million bag.
Nice, dude. He took profits. So smart trader.
Yeah, Uno.
What? Do you say Uno?
I think last time we had the Unchained thing, you said bingo.
I don't hate, man. I like, I like my board games. You know, next time it will be GoFish.
I think I'm going to start doing that with my kids
just saying random board game things.
To see what they do.
Yeah.
Honestly,
if traders cheer at the market,
like goat fish,
they'd probably do better.
yeah,
they probably would.
And the guy clearly knew what he was doing
because he got out right before the FMC meeting.
Yeah.
Right. He exited. That's how well. Yeah. Congratulations them.
9.4. Half a million, half a billy, half a billy.
Exactly. I know he would have used to and then he loses everything, but sometimes most triggers, he does something that most traders do, which was he had discipline.
Right, new discipline. That's the trick, isn't it?
Something I definitely lack when I'm trading unfortunately.
They saw the FMC meaning coming up and instead of gambling through Jerome Powell's market, you know, deciding speech.
He closed out his trade and lived a flat another day.
That's all right.
That's that's Chad level thinking, if you ask me.
Yeah.
And if you've been encrypted long enough, you know, and you don't, I mean, honestly,
I think 40x leverage is just crazy.
I wouldn't go over 20, but definitely not before the FOMC meeting.
Yeah, exactly that.
Yeah, it's like a mythical creature, the trader who knows what he's doing.
You know, right here.
Right.
There are some out there who actually went all the time.
Yeah, exactly.
and that wraps up with this edition of tales from the block you know trade smart don't fight the
feds and don't let read turn your win into an l all right so we last trade most traders quit
trading right before their big win but you're oh yeah it's about to happen exactly right
i'll just take the loss but you're telling me i should start lever trading again huh
All right, so we laughed.
We learned we've seen traders actually make a smart move for once.
And it's time to dive in with the people who actually make the ecosystem tick.
Let's bring up the Nibirrude team and devs that bring behind everything that's been happening on chain.
Before we get started with the heavy hitting questions, though, I have one thing I want to talk about first.
I've been seeing all this on X in Discord and would love the team to unravel this mystery.
We call when.
Dude, yes, yes, the one page.
We need more info, ASAP.
People are talking about this.
It's a lot of this board on the timeline.
Yeah.
So, Brandy, would you do me the honors?
The community has been buzzing about the web page.
Could you set some light on its purpose and what's the users to expect from it?
When do you want me to talk about it when?
Hmm. You tell me when, when. I don't know when. I don't know what to tell you, man. Hey, what's up guys. Honestly, you know, everyone's asking when, but no one's asking how or why, right? Always go back to this, but, you know, we spun up a little fun page a few weeks back to get folks who sign up.
You know, we don't want to reveal the secret quite yet.
It's a bit of a mystery.
You see a few logos on the page.
You can kind of assume what's going to happen.
When it'll happen, though?
I'm not entirely sure.
Just keep your eyes peeled.
There is a progress bar on there, of course.
As more and more things kind of populate,
we'll continue to hint at things over via Twitter.
But we have a lot of exciting things coming out, guys.
I mean, this past month has just been grinding out the EVM,
getting that onto main net beta.
If you've already signed up, you're good.
You don't have to do anything else.
When is what you should be asking, though?
Is it what I'll leave it at that?
Maybe in the next unchained space.
I don't know when that'll be, but you'll stay tuned and there might be an update.
Keep refreshing. Keep an eye on Nibir's Twitter account. Keep notifications on. We'll keep you guys posted.
When will you tell me everything? I want everything now. Can I say now? I'll just say now.
All right. Do you know, we do have more questions. Would you like to do the honors and continue the questions with the desk?
Absolutely.
I just want to add that for the one page, when you are submitting your address, make sure
you're submitting an EVM address.
Oh, yes.
The one that's on Nibiru specifically.
Ooh, EVM address.
So yeah, submit your Nibiru address.
The EVM address, submit it needs to be the one on Nibirut, not Ethereum.
All right, you guys may proceed.
Okay, I think I need to submit my one thing again.
Absolutely, by the way, so excited to talk with Dom from Layer Zero.
May I begin Dom by thanking you first for the AirDrop last year.
The first time I ever used Layer Zero was with Tiny Dinos back in the day.
So are you familiar with them? Did you ever meant those?
Well, yeah, thanks for having me on you guys.
I appreciate it.
Looking forward to chatting today.
In terms of Tiny Dinoes, yeah, they're one of the OGs,
one of the first teams to use the ONFT standards.
So much love to them.
We can get into what the ONFTE standard is in a little bit,
but thanks for having me on.
Cool, thanks.
Thanks again.
And all right, yeah, they are one of the OGs.
I thought so.
Let's pin a quick tweet as well.
And as soon as that's pinned up, please like comment and, you know, follow Layer Zero, if not already, and Dom.
The recent Layer Zero integration is a pretty big deal for Nibiru.
Tell us about what you've done so far on the Nubiru private Mainnet.
So the people who weren't, who didn't notice, the announcement was made this week, I believe, or last week.
Yeah.
In the last week.
Yeah. So I guess like for those that don't know, layer zero is an Omni chain interoperability
protocol. That's obviously a mouthful. So to put more simply, layer zero is the leading
interrobability solution in market. So we connect over 120 blockchains. We've seen roughly
$80 billion in value transferred across the protocol.
over 130 million messages.
So what we've done with Nibiru is that we've deployed what we call an endpoint.
An endpoint is an immutable set of smart contracts that allows for any new chain to be connected within the layer zero mesh.
So for Nibiru, with the endpoint being deployed, all assets, data and state are now being
I guess seamlessly unlocked to transfer across all networks.
So for Nibiru to be able to participate there,
any application or asset issuer can be able to tap into Nibiru natively and securely.
Very nice. And that's already rolled out, huh?
This is indeed, yeah. The endpoint is live.
So I'm excited to see more apps and tokens extend to the Bureau.
Can I send my tiny diner there? I think I still have one left.
That's actually, I'm going to speak with the team. I'm not sure if they have added pathways for Nibiru,
but it's very, very easy for anyone to be able to do so. So that's something we should make
you look to make it happen. Cool, cool. Can you explain a few use cases where Nibu users will
likely see layer zero in action? Yeah. So I mean, in terms of layer zero,
We are really at the foundational transport layer of all of crypto.
So we power roughly, I don't know, 300 applications and across all verticals,
whether it's going to be on the defy side, like apps,
Etherfi, you know, money markets like LayerBank or Maple Finance, stable coins like
USDT Zero, Athena, UST, PayPal, PYST, RWA's V power, whether it's going to be Ondo,
Plume, et cetera, and even all the way to meme coins.
So Pepe, WIF, both powered by layer zero's token standards.
So we span across all of crypto.
The funny thing is that at the end of day, most people don't realize that.
And that's kind of the goal, right?
We want to allow for assets and all data to be able to flow seamlessly across all these networks.
And so for the user, they won't specifically see us, but we will have a touching point most of the time.
That's actually pretty awesome.
And yeah, from the user standpoint, I can tell you, we definitely want things to work easily.
Absolutely.
Yes, it's a thing that we're all working towards, but I think it's coming along together rather nicely.
Yeah, have you ever onboarded like a normie friend and you have to explain to them the differences and like they have to do this and that and they're like,
can I descend it?
Trust me, I know.
It's always funny.
Like when people are like, hey, like Dom, what's layer zero?
And I have to choose how I want to explain it to these people.
Right.
And for some people that actually know that there's multiple chains, it's a little bit easier.
But for those that don't even know that there's more than one blockchain, it's like, okay.
I got to really dig in here.
But no, I think that's the point of what we're doing here
is making it as seamless as possible for anything
to be able to move universally across the space.
And that's what we'll continue to work towards.
Very nice.
Well, most people are familiar with the ERC 20.
Well, non-normy's, I'd just say.
Yeah.
Yeah.
ERC 20 and ERC 721 standards.
Yeah.
Can you explain the OFT standard and how devs
can use the standard to use layer zero for sure uh so yeah as you mentioned i mean
erc 20 is for fungible tokens erc 721 is for non fungible tokens what layer zero has built out is this
token standard known as the OFT, the Omni Chain, fungible token,
as well as the ONFT, the Omni Chain, non-Fungible token.
And what this standard is is pretty much an extension
of any sort of ERC 2721 or even an SPL 21
on the Salon side.
And so by leveraging this token standard,
you have the ability to natively burn and mint
across any supported chain.
So whether it's going to be you wanting to move
your whiff or Pepe from base to Solana or if you have
PYUSD by PayPal moving that from one chain to another,
very seamlessly without relying on some sort of wrapped asset,
IOU or some sort of middle chain to facilitate these transfers.
And so we've seen a bunch of
Teams adopt a standard. It's recently surpassed, I think, over $100 billion in adoption.
We power roughly 60 to 70% of all stable coins via the OFT standard.
And then the ONFT standard is the similar version for all NFTs.
So teams like little pudgies, et cetera, have been able to leverage these token standards to
move these assets natively from one chain to another.
And tiny dynos.
Exactly.
Got a lot of tiny dynos.
Stargate was announced alongside Layer Zero.
Should we expect maybe users to be able to take advantage of the Stargate Bridge and the platform?
Yes. So I guess for those that don't know,
Layer Zero is a messaging protocol. So we facilitate the movement of simply put packets of data from
one chain to another. Similar to how TCIP works in Web 2 or the internet today, we do that for
blockchains. And so what we did was one of the first applications of the first application that was built on top of layer zero was
Sargate the
liquidity-based bridge and so for users that are looking to move assets into a
the Nibirio ecosystem, they will be able to head over to Stargate, finance, and do all transfers there.
Funny caveat, if you want to also just look up cheapestbridge.com, you can also get routed to Stargate as well.
So anyone that's looking to move funds, feel free to do so via Stargate.
Let's go.
Thanks a lot for coming up, Dom.
Do you have anything else you want to add?
I mean, I'm really excited for...
what you guys are building over in the bureau.
Always happy to chat with any builders looking to deploy applications or issue assets on the bureau.
So excited for 2025.
Thanks for having me on and I'm looking forward to continue working together.
Yeah, us too, 100%.
Thanks again.
My brain's a little smoother these days.
So, Dom, thanks for explaining everything.
So I've got some money back in here.
I got you. I got you. Yeah. Appreciate it, man. Okay. Hold on one second. We also have Eric here from Astrovald. Are you there, Eric?
Yes, absolutely. I've been listening in. Been learning about bridges and trolls and stuff.
All right.
That's awesome.
So Astrovald and also a,
y'all were on here last week,
but I mean last Unchained episode,
and you guys had a lot of information to share about,
about your platform.
This week we kind of wanted to ask some things about what's going on within the interchained blockchain ecosystem.
IBC is a lot easier to say.
So you're quite plugged in with the community.
Can you tell us about neutron migrating from the Cosmos Hub interchange security to a fully sovereign POS network?
Oh man, we're going straight for the spice.
I like it.
Yeah, we're somewhat plugged in.
I mean, you guys are a connection to EVM, which we're going to have some cool news
about in the next month or so.
You guys are our way of getting out of being plugged in, man.
But I guess we still got a little bit.
Yeah, I know there's some space between like spade and and Magmar from ICL earlier today.
So I missed that.
I don't know if if things are smooth or appear smooth now, but...
It definitely seems like the hub's just going to outright compete with every ally that they've had.
I know I was a contributor to landslide, I am a contributor to landslide, which is a new type of bridging,
originally between Cosmos and the avalanche, but expanding beyond that.
And the people from the hub were just like outright, like, hey, we're going to compete with you guys with what we're doing with Eureka.
And we're like...
good luck you don't actually have everything we have but uh all right it's this is different a different
approach so um i mean fundamentally adam from its onset was predicated on the idea of let's build
really cool software and give it away for free and then throw a token out into the other with a
free money rate over 10 percent and see what happens um i think we're all shocked to find out that
uh high free money rate with zero value capture didn't work out great but um you know who knew um and
And now they're trying to grasp for straws.
I hope that they're able to pull it off.
I would like to see some unity.
I would like to see some success.
I would like to see the Cosmos ecosystem take off.
Like I think technically it should have a long time ago,
especially with Ethereum being decently fragmented.
And seemingly doing the exact same process that Cosmos was three or four years ago,
just with a lot more money behind them.
But I don't know, man.
We'll see.
Thoughts.
The U-R plugged it, man. You got the T, huh?
What about the EVEMOS Foundation?
They made a pretty big announcement earlier this week.
EVEM-M-S is the Ethereum-compatible Layer 1 solution that allows developers to build
EVM-powered blockchains using Cosmos SDK.
It's now fully open source and funded by the Interchain Foundation.
Can you run us through what this means for users and builders of Cosmos?
Yes.
I know that Spawn, I think, through that, I'm not sure if it's through that or not, but I know Spahn, which is like a stain generator, think like Pump.
Up Fun, but for launching entire chains instead and TOSM chains at that now can do full EVM compatible blockchain.
So I mean, not quite to the extent of what Nibiru offers.
So I like institutional great stuff, which you guys have.
To my knowledge, that's all that entails other than allegedly the founder of Evmos was able to get like an exit separate from the exit on the community.
So yeah, I don't know. I would love to know what the actual terms are of the deals that have taken place.
Like obviously the ICF acquired.
acquired skip. I think the skip team is brilliant. I'm a huge fan of theirs. I think that was a good move on their part. Nobody really knows the terms there. NDA8, I get it. I feel like the utmost one should be more of a public deal, but I don't know. I don't think that it is. But in general, it means that there's more utility. There's more opportunity for new builders coming to Cosmos to get more things that are EVM compatible. I know their goal with IBCV2, Eureka, as they're calling it, is to enable...
more cross-chain bridging to compete with our buddy Dom here for Ethereum bridging.
I don't know what their go-to-market is like that,
just that they're trying to make the hub itself a little troll under the bridge.
So TBD on if it's going to be successful.
We will have to see.
So for those who don't know, Astrobalt is a Dex.
And we've been getting a lot of questions in the Discord about XNibbe, STNB, the pools,
the pool.
So for the listeners who may not know, ST Nibbi is Stake Nibbe, which can be purchased directly from MasterValt or you can obtain it on ERIS protocol by staking Nibby.
X Niby, on the other hand, is the derivative of Nibbe.
So it gets really confusing, right?
Can you explain to us the difference between...
A stand, like there's all these different pools, right?
A standard, stable, and hybrid pool?
And why would one choose one pull over the other?
Yeah.
So our advice to LPs is go make as much money as you can.
And you'll find different APRs on our website.
With the STN-N-E-B-X-N-B pool, I mean, the pool is,
the LPs are subject to the entire disparity in the pool,
which means if it's like, say, 60% ST-N-N-B, 40% X-N-B,
then 60% of the LP will also be earning the Nibiru staking rate
on top of what you're earning an APR from the AXV token.
In general, that's not usually expected to be very, very high because...
stable pools like that are usually
Like lost leading LP pools, like it's kind of a public good to enable liquidations of STN EB, which I know the community was waiting for.
And we've seen a decent number of people use the pool over the last couple weeks.
A lot of the incentives that you're not actually seen on the APR on the pool side is actually on the trading side with what we enable and gravitate.
I'm pretty sure it's actually the trade fees are lower than these than the LPN incentives.
You guys can check that out right now.
That's what we call organic bonds.
Don't monitor it too closely.
Just opportunities happen on Asturbalt if you check them out.
But the difference between ST Nibi and X-Neeby is that STN-Neebe is a general purpose staking derivative where you can earn the free money rate or the staking yield from Nibiru and also participate in DFI, which is super cool.
And X-Nebe is Astrovald's way of earning the free money rate from the liquidity we're able to attract.
So if you hold X-Neeby, it will always trade one-to-one with Neby, and the saken rewards go to us,
us being everybody holds the AXV token, so hopefully you.
And that's our way we use those saken rewards to continue building and growing liquidity on Nibiru for Nibiru by Nibiru.
for the community long term. Whereas SC NEB ideally could get baked into like separate lending protocols and other things like that.
Kind of the non-autocompounding derivative ethos that we've created with Astrovolts is that if a new lending protocol comes out,
yes, they can and should use SC NEB, but fundamentally it's more efficient if they actually make their own version of X NEB.
So our derivative should not scale beyond AstroValt. It's not meant to.
but we will gladly assist anybody else who wants to earn revenue from the liquidity that they attract
into both making a non-autocompounding derivative similar to what we have done,
as well as facilitating its easy redemption to dollars,
kind of like what we offer with X, Neby, as well as what we're able to offer ST Neby through our hybrid pool.
Okay, gotcha. I'm just going to send people to your Discord, I think.
Ask it a question. No, I'm just joking. But yeah, that's really great and helpful for everyone because there have been a lot of questions in Discord. So that's awesome. Really good stuff.
Eric, do you have anything else like to add? Anything you want everyone to know about or the audience?
A little bit of a teaser.
I know things have been a little bit quiet on the Asterold end
as we've been polishing off some deals
and working on the next build out of.
We build more applications than just the decks.
Yes, we built them decks from ground up,
whereas almost everything else is forked.
Yes, we built a really fun launch pad.
So hopefully we get to get some projects coming in launching tokens
over on Outbid.
But we do have another product that we're in the process of building.
And it will include some tokenomic changes in our existing products.
So keep your ears out for that.
As we're going to do some different things with fee switches,
as in give more revenue back to LPs directly and possibly turn off token missions
and do some interesting, cool Ethereum games through Nibiru.
Let's go.
Yeah.
So some love to Eric.
Let's love to Eric.
what was that was that showing some of Eric over here community show some love come
come on I'm gonna see some emojis I want to see some likes and loves there you go I see for you
I see one two there you go anyway sorry about that I just wanted to do that
you're good dude all right okay we got something else uh Dave are you building are you in the
building Dave Dave Dave can you hear me
No, Dave can use, no Dave, huh?
Hey, I'm here.
I was singing gentle, man.
Don't let me go through it, man.
Don't let me go through the whole song.
I should let you go at least a few more bars, though.
I kind of killed my throat with that Michael Jackson bit, man.
Let's hear the Michael Jackson again.
No, no, no, no Michael Jackson.
We get some questions.
I got some, I still got some energy for questions.
Here we go.
Ardugue ways.
Okay, for starters, what are real world assets or RWA's?
Yeah, no, great topic.
You know, a lot of talk about these in the crypto space today.
So, you know, RWAs are, it's actually a term that's used kind of broadly.
So, you know, in typical crypto fashion, it kind of, you know, encompasses more than one thing.
But the more narrow definition is that it would refer to basically a tokenized real world asset.
So if you think about gold or real estate or even intellectual property, people have talked about, you know, tokenizing patents or things like that.
And so, you know, if you, you know, imagine like real estate, you could take like a large skyscraper in the city or like a famous work of art or something and you tokenize it.
So, you know, you trade tokens.
Maybe it's divided up into several million tokens and everyone is, you know, a small ownership.
share of that item and you can receive benefits, you know, whatever the typical owner of that item would receive.
And, you know, the basic benefit is that, you know, I guess there's a few things, but one is that it's easily tradable.
you know, whereas, you know, you don't have to like sell the whole building or go through a complex like real estate transaction or other, you know, a lot of paperwork to trade it from person to person.
But the bigger thing, I think, from the crypto community standpoint, an ethos is, you know, that it really democratizes ownership of those things.
So, you know, you don't have to have, you know, a billion dollars or whatever to, you know, invest in real estate.
You can buy a small portion of it.
Now also RWA also encompasses, you know, another thing that is really better referred to as tokenized securities.
So that's where you might, you know, you take something that, you know, we would, you know, term to be a security like a share of stock, for example.
you know, instead of, you know, trading it on the stock exchange or through your Robin Hood account or whatever, you know, shares of stock could be tokens and they could just be traded, you know, or exchange the same way tokens are.
Which, you know, that has, you know, its benefits as well.
It's a little bit less about, you know, maybe democratizing ownership,
but it's about quick transactions.
And also, you know, you get more certainty about, you know, ownership rights and other things.
But yeah, you know, this has become this, you know, of the two areas, I would say of RWAs,
that's probably like the one where you're seeing maybe the most news.
Yeah.
because you got players like Black Rock and J.P. Morgan, you know, making announcements that they're getting into tokenized securities.
And they've got, you know, this is where, you know, if they have like a bond fund, you've seen like bond funds.
You know, that really falls into that category of like a tokenized security.
But, you know, I saw something the other day that like BlackRock is predicting that that market could be like over $30 trillion, like in the next, you know, eight or nine years.
So there should be big money in that.
But yeah.
So that's that that's the basic, you know, definition of those fields.
Okay, thank you. And what are some of the legal considerations for our WAs and tokenized securities?
Yeah, yeah, no, always, it's a very hot topic, you know, just along with these things, is, you know, thinking about what difficulties projects face and trying to launch them.
You know, as with a lot of the stuff we do, I guess there's like you can take like the U.S.
And then you can kind of take like everything else.
Obviously, like the big money, the big impacts would be if we can really get these things to take off in the U.S.
So these concerns are kind of like U.S. focused because, you know,
Yeah, that's where a lot of the activity is right now.
But there's a few different ones.
The first one is really about money transmission rules.
And so, you know, just if we think about like the legal regulatory issue there, it's
Whenever someone is facilitating the transfer of funds from one person to another, they become a money transmitter.
Whether it's like PayPal or even like you think about Coinbase, they're a money transmitter.
And that's how they actually operate.
This is something that there's a solution to.
So that's the good news about money transmission rules.
There's actually kind of two separate solutions.
But if you're going to be custodial, you know, like Coinbase has, some custodial services that they provide, then they just, you know, they got money transmission license from the federal government in the U.S. and in like all 50 states or whatever.
So they can, you know, they can operate under the purview of that license.
But as far as like defy is concerned, there's also, you know, been long been a legal theory that, you know,
if you have a non-custodial wallet or decentralized exchange,
maybe you don't need a license because you're not actually
custodying the funds that are going from person A to person B.
That's a little bit less certain because, you know, especially, you know,
last year with tornado cash, there was a bunch of activity.
They, you know, they used essentially the same arguments and the government still came after them.
But, you know,
You know, then we've, you know, got current developments, of course, today, I mean, just this morning, the...
U.S. Treasury Department dropped its, you know, tornado cash from the sanctions list.
So it is possible, you know, if it's non-custodial, you may not need, you know,
a money transmission license, although, you know, of course, like, really will depend on, like,
the facts and circumstances of a particular case. But yeah, so that's one area.
Of course, like, if you talk about tokenized securities, um,
you know, unlike, you know, we talk about a lot of crypto tokens, are they securities?
Are they not?
With tokenized securities, there's not like that much of a debate there.
And anytime you're going to trade securities, there's going to be, you know, licenses required.
And just thinking back to like Coinbase and Cracken, that's what they were sued about last year for trading securities because it does require a license.
Now, of course, like, again, those lawsuits dropped because, you know,
the SEC is no longer saying every token is a security.
But with so that might help with RWA's,
but with tokenized securities,
there's not really a debate there.
So there is it,
you know, there is still going to be clarity
or other things that need to happen in that space
before, you know,
those players could trade tokenized securities.
For RWA's also, you know, just if we think about commodities, those are all, you know, trading of commodities is also regulated. And, um,
you know, it's not so much like the buy and sell.
Like if you think about like corn or oil,
you could buy and sell from one person to another.
It doesn't need to be, you know, licensed by the CFTC.
You know, when you go get gas, you, they don't need a CFTC license.
But as soon as you start trading in futures or options or leverage,
that's where where that sort of comes in.
So, you know, of course, like a lot of times, like with these trades,
people want to do leverage and other things.
perpetual futures and others.
So those, there's also a licensing regime there.
And then finally, another area is, you know,
with respect to, you know, we were talking about,
you know, tokenization will maybe speed up
the clearing of these transactions,
but that's another activity when you're talking about securities.
You know, there's clearing agencies,
that also, you know, have licenses. So, you know, there's a lot of different, I guess, areas.
You know, it's kind of like fraught with peril a little bit, this field. But that's no different
than every other area in crypto, really. It's just that, you know, we're talking big money here.
And so that, you know, these big players especially are not going to get into the space until
there's regulatory clarity. But, you know,
It doesn't mean things are impossible.
You know, already you're seeing, you know, exemptions from securities laws that have long been on the books.
You know, you could trade with accredited investors in the U.S. obviously.
You can just exclude U.S. people.
Obviously, then, you know, there's no jurisdiction for the U.S. agencies, but...
Yeah, there's things you can do, but there's definitely some legal concerns.
Oh, yeah, for sure.
Good drop on the news for TornadoCast.
I didn't know anything about that until I didn't know it got dropped off the sanction list.
Yeah, yeah, I think that was just this morning.
I was seeing that.
Amazing.
That's nuts.
Well, yeah.
You never know. You never know what this is what's happening this year.
Right. When it comes to current US administration impacting RDA adaption, especially tokenized treasuries and bonds, we keep hearing stories about regulatory barriers being the lesson for crypto.
And we're seeing the positive effects of RDAs as well.
Can you speak a little bit more about that as well?
Yeah, sure.
I mean, you know, and I think that's kind of the thing is right now,
we're still in an early phase of this.
you know, pro crypto administration.
So they're kind of doing the easiest things first.
And they're dropping cases.
They're dropping investigations.
They're removing things from sanctions lists.
Like that's things that, you know,
the administration can kind of do by itself or, you know,
they're holding meetings of, you know,
crypto leaders in the space.
You know,
they can do all those things by themselves.
They don't need,
you know,
legislation for that or it doesn't require things going through court cases.
you know, we're seeing Hester Purse of the SEC, you know, and she's like the known as the
referred to as the crypto mom. She was appointed chair of the crypto task force at the SEC, which,
you know, she had basically been like a dissenter from everything they've been doing for the past
five years and now she's in control. So that's a really positive development. But, you know,
I was just noting that she,
Even she released like this roadmap statement on February 5th about what the task force is going to be doing.
And you know, basically they're attacking a number of areas, but she did mention tokenized securities and that there just basically needs to be clarity in the space.
And I think that's kind of like where we are.
It's like I wouldn't expect, you know, major investigations to be announced now.
That's not the thrust of the current government.
But if we really want these things to be certain.
you know, we're going to need like SEC rulemaking or even better yet, you know, legislation.
So right now, I think there, you know, there does seem to be some appetite in the U.S. for that.
But getting any legislation done is always, you know, even stuff that people, you know, agree on across the aisle is like it can always be difficult.
So right now, we're, you know, we're in like a little bit of a holding pattern.
Right.
waiting for stuff to get done.
Now, like I said before,
that doesn't mean that people can't build in the space.
It doesn't mean like there's things you can do to lessen risk.
you know, and just things you can do to follow the existing laws on the books.
But as far as like just getting like full blown like retail trading of, you know, RWAs
and commoditized tokenized securities in the U.S., you know, you're really talking that there's going,
you know, we're kind of waiting to see what will happen.
And, you know, a lot of those players are pushing the government too.
So yeah, hopefully we got our fingers crossed.
We'll see something positive happens.
happen. Exactly. Just one thing is like you said earlier about clarity. It's been the thing that's going on for years. It's like every time someone can sued, well, we need more regular. Like, SEC Clarity. Like what's what's what's happening with crypto? Why don't you guys having these rules set up? And it's been like that forever. Um, but thank you for that one. Um, unique. I would like to bring you up onto Unchain. I got a question for you about RWA's. Don't let me sing. Don't let me start singing, man. I'm on a roll today.
All right, you're theik.
If RWA has become mainstream,
how do you see them affecting liquidity in DFI?
Got it.
Yeah, can you hear me well?
Oh, I can hear you.
Okay.
I'm still using that custom audio setup,
so I didn't know.
Oh, no.
That would be great.
Okay, so how to fix DFI?
I would say Dave touched on this a lot.
So like real world asset tokenization opens a lot of doors that were once shut.
Basically, it's going to increase the amount of liquidity that you see in total and then also
increase its stickiness. So high value assets like commercial real estate, fine art,
venture capital funds that traditionally require like
lots of money to enter, you can now have fractional RWA's break these barriers. So for people more on
the investor or retail side, someone with a few hundred dollars can now diversify into asset classes
that would have been reserved for like someone a lot more wealthy. For example, you could put like
a hundred dollars into a basket of real estate tokens, which is part of like,
Coded Estates appeal, or you could put 100 bucks into a music royalty stream token,
which normally you would not be able to do and essentially build a portfolio that spans
the physical and digital economy or digital referring to Web3, I guess. And so I think that has
pretty big implications for like financial inclusion. So for example, like if you're in a
developing country, you can buy tokens tied to stable Western assets.
Like the obviously USDC is like and UST are like the prototypical RWA, right?
Yeah.
So the like it's funny enough it's who would have thought Ethereum's primary use case might be passing around stable coins like in its in the long run.
Yeah.
So yeah then for institutions.
I would say the appeal of RWA's in Web3 isn't like, so for banks, funds and governments,
they can have skin in the game and basically have markets more efficient.
So there's a strong appeal for people being able to have 24-7 trading of things like bonds
or property equity or instant settlement on things that normally would have had a
T plus one or T plus two delay, meaning transaction date plus some later settlement, right?
Yeah.
So the reduction of like middlemen, basically like a major bank can issue bonds on chain and have it settle in minutes with full transparency.
And so.
There's a lot of things opening up for that.
I think there's even an ERC standard for how to do white-labeled tokenization for countries in Europe.
I was looking this up.
It's called like a tokenie and securitize are doing this.
Okay.
So yeah, a lot of these are like ideas I'm bringing up are like unfolding in real time and like startups are coming out that are doing all this stuff.
So it's not just an idea phase like it was a couple years ago.
So yeah, I think that's really exciting because it's like the antithesis to or maybe a like the opposite way of thinking from DGEN, right?
It's like the legitimizing of regular finance with crypto as an infrillaire.
So I think that's going to be pretty pivotal for DFI actually.
And you touched on this a bit.
What's the most exciting RDA projects or use cases you've seen?
And is Nibiru looking to expanding to RWA's?
Yeah, so I get the cop-goan answers obviously, like US dollar stable coins are like the number one use case.
But extensions off of that, you've got like centrifuge, right?
So that's tokenizing real world loans and invoices.
So they let businesses finance receivables by issuing tokens.
So they use an NFT to represent the invoice and then investors can fund it.
So that's one of, there's actually an RWA market on AVE for via centrifuge, for example.
The Dom from Ler-Zero mentioned Ondo.
So Ondo does treasury yields on chains.
There are other, I think there are others like startups trying to do this as well, too,
with different yields that are similar to treasury yields, but with different assets backing them.
So an example of that was also like Maple we brought up.
So they do a lot of stuff with
creating on-chain lending pools where institutional borrowers can take loans.
And then you can also K.YC and be one of the lenders.
And it gives pretty competitive APYs,
and it's not from anything that's like got Ponziomics inside it.
So they're pretty exciting.
And so, yeah, to your, the Nibiris side of your question,
we're actually planning to onboard Sarah, which is like they,
well for the user perspective you got syrup us dc you have a yield bearing stable coin um basically
like backed by that system and then also making it that anybody can buy in to do uh to get that
yield rather than having to go through the normal maple platform and then yeah securitize and tokenie
i touched on a little bit those are like um making it companies that make it easier for
traditional companies to issue RWA tokens in a compliant way.
So securitize partners with BlackRock and Hamilton Lane and helps convert like stocks, funds, and real estate into blockchain tokens.
So they, I think they were trying to tokenize a portion of a large private equity fund on Polygon.
And then tokeny does a similar thing specific to Europe. So they enable
regulated security tokens and management of identity on chain and use a new ERC standard that's specific to that.
So we might see that become more popular where like geographically, like a certain country has a winner that becomes the main RWA issue we're there.
And then, yeah, those were those are the main ones I saw.
Cool.
And RDAs and FTs are often mentioned together, and sometimes NFTs are even called RWA's.
What's the distinction between the two and where do the overlap?
Yeah, so I touched a bit on like, sometimes you'll see basically NFTs are not necessarily tied into R2A's.
It's not a guarantee of it, but a lot of things that you would want to tokenize aren't necessarily fungible.
So for example,
If you look at an RWA as like the what and then NFT for how for something that's unique, essentially, that's how they relate to each other.
So if you have shares of a fund, that's going to be fungible.
But if you have something like a deed to a property, I even saw people were doing like
NFTs to represent their ownership of like expensive cognac bottles.
Oh, really?
That's cool.
Like music licenses.
Yeah.
Insurance policies.
Those are those all make sense to be NFTs.
And then like, of course, digital art.
Yeah.
I also just want to add that there is an RWA project building on our chain, Coded State, and recently they actually rolled out hotel bookings with major discounts compared to pretty much every major third-party site.
So what's really cool is you can pay in crypto or fiat.
And these savings really range from like 20 to 50%.
It's pretty insane.
So you could get these on like the addition, four seasons, the Ritz,
the debut at the Hilton, the Marriots.
It's pretty awesome.
So I do highly recommend you guys to check it out.
I did a price comparison of the Ritz on their website,
CodedStates and Hotels.com and price line.
And it was the cheapest on Coded States.
So be sure to check it out.
I'm gonna pin their tweet in this chat here.
I just spent it actually August.
Cool.
We do RDWA on my two-but check, my bottle of two-but check.
All right.
So we talked about NFTs, Juno.
You ready for the next round?
Yeah, NFTs. I love NFTs.
And in fact, did you know that I don't know if I ever mentioned this before on the show,
probably to you directly, but NFTs actually got me into crypto.
I mean, not what got me into crypto.
Honestly, it was Ethereum and just buying crypto and stuff.
But it's what got me really, really into crypto and kind of.
you know, I took it to the next level because of NFTs.
So they're huge.
I mean, NFTs are great for so many different use cases.
Yeah, exactly.
And then teams come in many forms and some often rewards and community access like Saifu.
While there's like unstoppable domain functions and blockchain-based domain names,
unlike art-based NFTs, these serve a completely different purpose.
Let's pin up some unstoppable domain tweets from the Bureau this week.
Got that all pinned up and ready to go.
All right, Brandon, are you back in the building?
Hello?
You're back.
When you're back?
When are you back?
When?
Every time I see you, I see when.
No more when.
No more when.
How am I doing?
I'm doing great, yes.
Perfect.
You were previously at a suburbable domains.
With this integration, sorry,
I'm just talking on burritos over here.
With this integration, what does this mean for new bureaus users?
And what's the use cases for owning a domain name?
Yeah, for sure.
So a couple of use cases.
Of course, the most prominent use case is sending and receiving crypto using a standardized username versus like a hexadecimal address.
So traditionally, when, you know, you're sending crypto to an address, you have to enter in, you know,
a long string of characters, a witch,
you're susceptible to things like poison attacks,
essentially meaning someone is cloning a variant of your address
and spoofing it to look like it is the address you're sending to,
but in fact, it isn't the same address.
So I think personally, that's what was one of the biggest use cases of these domains.
Of course, it's kind of your online user persona when it comes to Web3.
And of course, the third point is just being able to connect to various, like,
Defi protocols and just kind of having standardized usernames across your various Web3 apps.
So it's really convenient. And the biggest use case of your users will be getting is,
one, a pretty nice UI, UX when adding different addresses to your unstoppable domain,
So you can just go to Ensemble's website, purchase the domain.
You have a full-on interface to insert the variety of chains that they support.
They support like hundreds of different chains, so you can easily plug in your addresses for those chains and you're good to go.
But soon, we'll be offering the resolution service, so meaning you'll be able to send and receive crypto
using your domain name.
So pretty excited there.
And of course, one of the major benefits of being in Anunnaki is all the Anunnaki's got
free domain names.
So pretty excited for that.
All the reasons to join Anaki, join the Blossom program.
Get some alpha.
Oh, can you hear me?
Okay.
So Brandon, in the 90s, people were flipping website domains.
Can not nivy domains be bought and resold the same way?
And do you think people can make money?
For example, my friend Washi, you know, he owned the board ape domain on Ethereum.
And he sold that last cycle for 6th.
Should people be buying up these niby domain?
Whoa, whoa, on the call with the general counsel is crazy.
I'm just kidding.
No, NFA, but you know, domain names.
speculative. There are, of course, there is a secondary market where you can transact
NFT domain names like via OpenC and suit on Element. Another NFT marketplace we can chat about a little bit later.
We just announced the integration there.
I mean, for sure, these NFTs can be sold in whatever purpose you might utilize these NFT domains for.
They have a use case.
Now, I do want to just clarify these NFT domain names.
So like a Brandon.combe doesn't necessarily resolve in like a Chrome browser.
So you do need something like a Brave browser or a third-party Google extension that essentially allows the website to load.
So off the rip.
these website,
these domain names
aren't like your traditional
like GoDaddy
domain names. So you'll need to, you know, use either like a Google extension or
Brave Browser, which natively resolves those domains. That being said, I know there's tons of folks
from the web2.com era that jumped on a ton of different domain names are now like, or or have been,
you know, buying up a ton of the domains on like, like, an S or ensemble domains. So,
We'll leave it at that. I mean, you know, there's plenty of dot-neby domains out there.
So go crazy.
Yeah, swooping up.
Not financial or legal advice, right?
100%.
I love that. Dave just jumped in there like, hold on.
So can people just buy their dot-niby domain now and buy...
When can they start using them on chain?
Yeah, so you can purchase your .neb domains now.
They're available on Stumble domains.
So we have a direct landing page that you can purchase them.
So it's a bit of a smoother U.X.
In terms of the actual crypto functionality where you can send and receive crypto,
that should be coming out in a few weeks.
The engineers have been working on that alongside with the EVM itself.
So, you know,
Limited capacity, but soon we'll be offering that support.
Okay, cool.
Yeah, let's say it's going to work for all wallets and apps, correct?
That is the plan.
Yeah, perfect.
Juno.
Yes.
Another question for special guests.
Are you ready to go ahead and do this thing?
We got Saifu, Saifu, IPEC.
Yeah, yeah, definitely.
By the way, NFTs, there's just so many use cases and some of domains is another one.
And yeah, it's a great time to bring up IPEC, the VP of Global Strategy from Saifu,
who also have an NFT collection.
So welcome IPEC.
Are you there?
Yeah, yeah, I'm here and I'm very happy to be here as well.
Happy to have you.
Welcome.
And you're in Japan, is that right?
Yeah, true, true.
He's in Japan, definitely.
Very cool.
We have an hour.
Yeah, exactly, yeah.
Thanks for being up at this hour, Ipe.
Thanks.
My pleasure.
It's so early morning today.
Early morning.
It's just like six or four.
Seven o'clock in the morning.
Now, seven o'clock.
7 a.m.
Yeah.
7 a.m.
Not too bad.
Not too bad.
So we talked about a little regulation.
Yeah, we talked about a little regulation earlier, and I've heard that there is some regulation happening in Japan as well.
Before we get into your project, do you have any insight on that?
Yeah.
On what's going on in Japan.
Yeah, I would give you some ideas about the Japanese regulations, because regulations, it's like the...
Japan has been gradually becoming a more open and progressive towards crypto,
lately, especially like last one, two years.
If we talk this conversation like three, four years ago before the FDX,
I would criticize the Japanese regulations and I would mention that, I would have mentioned
that how tough it is.
But after FDX, we realized actually like most of the Japanese strict regulation and things that they have implemented.
But successful and most of the FDX users, they receive their funds actually in Japan.
So that's kind of like the one thing that we have been a good result from Japanese strict regulations.
And overall, like, there's two things in Japan, actually, like I would say, two regulatory authorities, like one is the FSA and the other one is GVCA.
Like the financial services agency is like the government agency that actually doing the all crypto exchanges and stable coins regulations.
And GVC is a kind of like self-regulated organization.
actually approved by the FSA, but kind of like overseas all token and other tokens that are being listed on the exchange.
So that's kind of like a different structure of the Japanese crypto regulation entities.
And for like the, especially like the GVC is very interesting.
So mostly like GVC used to be like listing the tokens very strictly regulated and checked.
But lately we realize we are seeing more tokens getting listed.
So it's a very good sign.
And I can tell like there is a kind of a good move and there are more crypto exchanges also coming over.
Japan, of course they are listed in the Japan's exchanges and they both some
many exchanges in Japan, but still I see a movement in the Japan market that many exchanges being joining.
And also like the government is quite supporting crypto and crypto projects.
However, like we have to consider about like the Japanese strict ecosystem about like the,
especially like the data privacy, IP rights,
and other existing like the web 2 rights regulations still be implemented on the crypto so that's one of the thing
and the other thing actually like i will say like the for specific for nfd there is no specific
regulation for nfd which makes us more easy to do the nfd sales still constitutes like like
digital collectibles which makes us more easy to do our own
and if these sales in Japan, which we are more focusing on lately.
That's kind of like the good things and I think in Japan trying to be a hub,
be as a crypto, like after like the Hong Kong and Singapore, I'm not quite sure it's a it's a possible or not,
but the tendency and the government importance is that way towards.
Very cool. Well, let's hope that kicks off a little NFT bull run because I can tell you my bags could use that.
For sure. So tell me about what's the TLDR on Saifu and how are you guys different from other
NFT projects like Pudgy Penguins or Azuki?
Yeah, actually like the Saifu is a bit like different like some aspects. Like I will just
give a small short one. Like we are a payment database, the project like we are turning
the real world payment activity into digital assets. So kind of like think of it
it as like a Web3 lifestyle app where you can earn tokens and NFDs like Tamagochi meets finance.
So by nurturing your Lucky Kat NFD with your own spending data.
It's not just a game or PFP project, it's just like FinTech meets
with that three i can tell and we are also back with the very strong financial institutions like
missouri fj capital bank kdd i one of the biggest telecom company in japan and that makes it makes us like
a bit like more uh fintech structure on us like for core utility aspect we are like reward payment
data to deep in rewards and like i think like i'm not going to speculate the other projects but like
Paceh Penguins, Azuki is like more IP focus and more like the community collectibles.
And the concept is like also like the, in our case is more evolving NFD.
Like your spending is bringing more structural change on your NFD.
Like not static PFD like for the other projects that they have.
And also like the, we are not more IP project.
We are more like the.
on-chain identity. So people's spending value, spending ID is on our NFD.
So that kind of things like actually like that we use NFD. We are not an FD. We are using an FD as our
proof of ID, proof of your spending value. That's differences between those other IP focus projects.
Right. No, that makes a lot of sense. I'm honestly that I mean, I've said it like three times already, but NFT is like the amount of use cases for a non fungible token is just it goes much further beyond like than the traditional NFT approach that you'd see in Azuki and Puging Pugent Penguins like where things started, right? First was just on and art and now it's just like I mean you can go on and on really.
I saw on Twitter that you sold out your common OG NFTs.
Congrats, by the way.
You successfully mint out every collection, including brand collaborations.
What's the difference between common OG NFTs and prior collections?
By the thanks out for the reminding it.
Like just actually like we had a really successful NFD sales on last weekend.
And like we got three days time zone, like three days waiting like for the sales time.
And we finalized in within 45 minutes and we sold out 20,000 NFTs.
and also like we get there 670k sales in one 45 minutes of time.
So it was really successful, especially like considering the time that we are all facing like the bear season,
like the people like the, like the, we don't have a really like a high expectation,
but we got the really good results from our community. That's a good thing.
So what we, your questions actually like the like what's the difference between our
common NFD is like from the early ones, which
also like successful sales we had.
This is more foundation utility layer.
Like it's a kind of like design is a baseline participation in the Cyph ecosystem.
But like the previous one is more like Genesis ones, like the unique and premium features that you have, like OGs, access and equality.
This one is more entry purpose.
So we don't want to make people like the, especially like the concern about the NFTs price going up.
that would be very difficult our users to get involved and use our NFD as a
product itself. As I mentioned in previous question, we are not at PFP, we have some utilities going on.
So if price is going up, that will be difficult for new users to join. And this NFD we have,
like we make the people like the fixed price at the end of the sales point, at the end sales point.
So anyone who wants to join, they know what they're going to pay. And also like we create a kind of scholarship program.
anyone who is currently both our NFTs in this NFDs sales they are able to
land and the users can borrow the NFD is free and the benefits they will receive
from by using the NFD they will share with the real owner so that's kind of like the
value adding options we add up on our current NFD which is the OG also like the
people can stake and
can use like as a like a stake in option to that's what would be a kind of like the we created special for this one very cool that's awesome 20k is a big collection saw by the way congrats thanks thanks much appreciate it and very bullish really so
What does the Saifu and Nibiru collaboration look like?
And what can our fellow Nibirans, Nibirans, I'll say that wrong,
what kind of benefits should they expect?
Or will there be any?
Yeah, for me, like Nibiru, I've been like the following up Nibri team,
Nibru project for a long long time,
and I just like being excited every time that there is something coming up.
Especially like this week, I heard that I just saw that you guys have like the element.
integration, which was just like amazing.
And our committee also got really excited indeed.
So I think like this, can you hear me?
Oh, you cut out for a second.
I can hear you.
Yes, we can hear you.
Yeah, I'll go back.
Our comment, especially like this element integration that we saw on our telegram,
on the Twitter, our comment also get really excited.
So kind of like we feel Nibiru has a good value in terms of our users' mice.
So I think it's a good collaboration.
So all about like what we feel like the combining the forces
to amplify the Web 3 lifestyle experience
with the Nibrious performance on the layer one ecosystem.
So what we could do, actually,
we have done in the other places like we have co-branded NFD collections
because our NFD has a utility.
So it's kind of like
We could have some like the key points that we can use as a key between Saifu and Niburu and our users, our NFD holders and also like the Nibrio users can enjoy some benefits like getting special from both parties like earning tokens or like that special cast and reward things that we have we can do or airdroves, what is and staking multiplies on the Nibru as well. So that kind of things that we are really feeling that our community is like quite.
matching
And Nibru, that's kind of like things that we are also like to also looking for like more
technical integration in the future, like it's our own roadmap. That will be something that we feel
these two projects and Nibrio layer one project is just like a leverage for us, like getting more
technical skill set and pluses for us to get a better level. And also our community is very excited with the Nibri as I mentioned.
Awesome. I'm looking forward to it.
Yeah, it's definitely planning on getting one.
Okay, cool. So I, by the way, I did pin the tweet.
I'm sorry, pinned y'all's tweet.
So if everyone, if you, if you're not following them, please do so.
Check out all the pin tweets, in fact.
And thank you so much, Epic, for coming up and jumping on here so early.
My pleasure.
Thank you.
And speaking of Nibiru and NFTs, we do have a super secret project in the works.
I happen to be involved in this one as well.
The Nibiru NFT Genesis Collection is coming this year.
So there will be Nibiru NFTs.
as well. So a number of the team on the call right now have also been working on that as well.
And I'm going to just let you guys chime in at Will. Tell me more about the art. Someone tell me about the art.
What should we expect what's coming art wise for the Genesis collection?
I think I might be a good person to speak about this, considering myself, unique, and you as well, Cliff and August.
We're all on the meeting every week letting you guys know that...
I'm big into anime.
I'm big into artwork.
I'm very picky.
And so is the team.
But I just,
at least for this Genesis collection,
you guys can get very excited.
I'm also super stoked as we continue to go.
I'll be very honest,
I think,
and correct me from wrong,
August.
And Cliff,
I do think,
we're about 50, 60% of the way there, um, in terms of like nailing down like the list of traits.
Um, letting you guys know also to, um, the studio that we are partnered with is called
Kai Houn Studios. There's a phenomenal studio out of Japan and they do really, really good artwork.
So we've, we've partnered with them for this collection. And yeah, just so you know, like, um,
in terms of like progress we're we're going we're going pretty far um when the vision starts
visioning i won't lie and excuse my french i'm like damn and this is very bold to me i'm a bold
person i would say this artwork collection at least rivals azuki's i do like them but i think
this might be better i'm just going to put that out there um so yeah right right now we're uh
kind of we're once like kind of we're we're in the midst of like outfits so just know like
stuff stuff is all coming together and i'll leave it at that
Yeah, this collection could be pretty amazing. Cliff and I actually used to work together at
an FD company where we, you know, worked on SOTAB's NFT marketplace, launched V-Friends,
Gary Vaynerchuk's first collection. And with, you know, our current collection, like we're
really trying to bring a ton of utility to our collection and, you know, have the community be happy
with the artwork. And, um,
The studio Kaihouns, like, they're talented.
They worked on IPs with Star Wars and My Hero Academia,
which is a very, very well-known anime.
So we're in really good hands,
and I hope you guys are excited for our Genesis collection coming this year.
I put it in the chat, just FYI, everybody.
Or in our, yeah, pretty much.
Yeah, I want to jump on that, too, by the way.
I've been watching the art, pros, um,
develop and it's just it's pretty it's badass honestly the arts top notch 100% and I
and I'd say way better than Azuki I think in Zuki was you know interesting because they
have like the left look right that was their big thing at the time but I think that this is
going to blow them out of the water personally also okay what about utility is anyone are we
ready to announce anything yet on the utility side anyone from the team can we talk about that at all
Hey, I want to, but Brandon won't let me.
No, he's not going to let you, right?
Okay.
No, no more additional end up here.
Damn it. I was hoping we get something out of y'all.
Okay. All right. Well, in addition to the art, NFTs helped build communities. I've seen it firsthand, but literally it is so big for communities. And that's why I personally really excited about it as well. Again, it's what got me into like 100% into Web3, I'd say. And cannot wait to see the impact on the Beer's own Genesis NFT collection.
on the Nibir community.
I think everyone's going to love it.
It's going to be cool seeing everyone to rep
to rep a Nibia and a T.
Some dope art is going to be awesome.
It's crazy how much is happening in Nibiru.
It's like so much outside of the effecting Nibiru as L1.
But right now, let's go and just wrap this up.
We just finished episode two of Unchained.
We covered the highs and the lows and absolute wet-the-f moments in crypto this week.
Also, I love all the information that, you know, Dave and Unique talked about with RWA.
They really piqued my interest, so really cool stuff.
But about you?
What do you think?
What do you think, you know?
Me? Me? I think that, jeez, Nibir is nonstop. I mean, look at all the announcements,
all the different partnerships are happening. It's just seriously, the NFTs, I mean,
they're going 100 miles an hour. And as soon as the cryptic community sees it, I think that
we're going to get a really warm welcome and things are going to be looking really good.
We also learned that pineapple.nib is the goat this month just, um,
Again, we've pinned all these tweets.
Please follow everyone, all the guests.
And give them a shout out on the Discord.
Yeah, definitely.
Give them a shout out.
And yeah, and before we go, huge thank you.
A big thank you, not a huge one, a fat thank you to the team and the death for all their work that they're putting behind the scene.
None of this would have happened without them.
So a big shout out to the builders making the beer what it is.
so let's go get some love let me show me i'm going to give a little nice little heart there you go
a nice purple heart very very nice heart it's a lot and if you're not by the way if if you're
listening and you're not in the new viewer discord or the telegram please join um there's so much
going on you can jump on anuki um you can
really understand what's going on behind the scenes if you get in there we also have game nights watch parties and a community that knows how to have fun
Not just with web three things. You know we do we do all types of stuff. So it's a lot of fun exactly I was last week's Texas
the the the poker champ I lost today unfortunately
Oh, you lost today?
I did lose, yeah.
Oh, man.
I put on my mind.
Yeah, we have a reigning poker champion.
Oshmall is now our reigning poker champ.
Congratulations, man.
He's going to brag about it today.
He's like, you know, I kind of whipped butt today.
Yeah, so I guess that's, as I say,
We'll just see you next time.
Remember, take your profits, stake your gains.
And as always, keep it unchained.
Thank you guys for everything.
Thank you.
Appreciate it.
And yeah, thank you all again for joining for the show.
Right up.
Peace.
