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Reality Check: Invention Network
Recorded: Feb. 25, 2026 Duration: 2:04:21Space Recording
Full Transcription
Thank you. Thank you. Music Music Music
Music
Music
Music
Music
Music
Music
Music Music We'll be right back. I don't know. That five-sided fits the car. They're rocking sore on the face of the earth. Get kicker.
The triggers call empty apart.
Lay down the family.
With a pocket full of shell.
Lay down the family.
With a pocket full of shell.
Lay down the family.
With a pocket full of shell.
Lay down the family. With a pocket full of shell. We'll be right back. library line that's out of my cemetery now. What we don't know keeps the contract alive and move them.
We don't gotta burn them, they just remove them.
While our square house is finished, like in the south.
Rally round the family,
pockets full of shells.
Rally round the family,
with a pocket full of shells.
They rally down the family,
with a pocket full of shells.
Rally round the family, We're the pocket full of shells. We're the pocket full of shells.
We're the pocket full of shells. I'm going to go. We'll be right back. All right. All right. All right. all right all right leave it up to my uh to my to my co-host to uh be late both of them
i was literally just talking to one in the back channels uh let me get kenny up here here he comes we'll get coin kong up maybe coin kong
will be the uh honorary fucking co-host because i don't know where in the fuck kyle's at even
though i was just talking to him uh kenny powers what's up yeah yeah i heard you talking shit
motherfucker yeah i'm talking shit i'm gonna going to talk shit all fucking, all day, every day.
Yeah.
Either way, hopefully Kyle will come join us in a minute when he's done screwing around.
So, but anyways, well, I tried bringing in Coin Kong up, but he ended up leaving.
Anyways, what is happening, sir?
How are we doing this morning?
Doing well, man.
Doing well.
You know, woke up this morning.
Everything's kind of pumping across the board.
You know, equities, crypto.
It feels pretty good.
I mean, I like it when we're, you know, going in the right direction.
Yeah.
Yeah, no, it's good.
Right after Trump's speech, we'll get in all that stuff here momentarily.
For now, you can join us live on X, Abstract, and Kick.
And we are going.
I'm not live on Abstract because you know why?
Abstract is once again fucking up.
So I can't go live uh but kyle is i see him talking to fucking somebody but he's not even in the space yet so
um he's pulling a full kenny powers here but yeah either way look at look at look at all
mr fucking uh part-time here coin k Kong, GM, sir, what's happening?
GM, GM.
Yo, fucking Twitter in the last couple of days
has been doing this crazy thing.
It's like the first space I enter a day,
it has an echo.
Like, you'll be talking,
and then I'll hear you talking about the same thing
like three seconds later.
It's like...
That's wild.
It's coming through like my main audio.
It's fucking crazy.
Everything on X. so now the video
starting to pop back up which is a good thing oh i just heard the echo um yeah so video starting to
pop back up on people's timelines some people say that they can't yesterday when people would come
into spaces they couldn't hear anything so So the spaces were down pretty bad yesterday as well.
So it is what it is.
GM, sorry I'm late.
I was discussing the Epstein files with my favorite Canadian, but I'm here now.
Hey, hey.
Glad to see you show up every now and again, Kyle.
Oh, my God.
Kenny Powers, I got something for you, and I'm not going to have to wait very long you and i'm not gonna have to wait very long i
bet i don't gotta wait very long oh my lord um well like i said kyle's i think live on abstract
i'm not that's right uh you can join me wherever else maybe in 10 i was trying to go live last
night on abstract with uh toshi and it it wouldn't let me and i was like yep
about to be in four days of no streaming on um on abstract again so is what it is be what it be
uh bread what's happening bro how you doing this morning yeah gm gm not too bad just uh
turns out i uh i fractured my rib on Saturday.
So just trying to nurse that back to health, and it sucks.
Damn.
Anytime I cough, bro. Get drunk, get on the mechanical bull?
How'd you do that?
We got drunk, the mechanical bull got on me, and it was rough.
That's wild, man.
There's nothing worse than a rib injury.
It's fucking so insanely painful um you know i've
never i've never broken a bone really in my entire life i also have never broken a bone
you also used to put down like a gallon of milk a day as a kid i think that's why i'm so told yeah
that that's that's true me too i'm like i've sprained things you know i wrestled for fucking
like 12 years, football, baseball
Did it all, never broken anything
Tons of sprains, strains, shit like that though
That's wild
Yeah, I've broken both
Like, my wrist
Went through my skin
Oof, yeah, compound shit
That's funny
Hey, first of all, and I didn't even get to tell you what I'm doing today, bro
You moved on
from me like I was fucking...
No, because we
got like a minute and a half of
clear audio from you
and I was afraid it was going to rub.
It's actually probably my fault. I think I interrupted.
Yeah, you actually did.
But yeah, what's up?
What's cooking? So I got
Chris D and and cheddar coming over
to the house today so chris d and i are shooting um four separate food videos two for cook unity
who i was able to get him in front of to do their full-time videography uh in the los angeles area
so i was able to get get chris in front of them to sell himself he did it really good so he
got the job with them doing that um and then we're shooting two other videos one ripping packs with
cheddar and then cheddar i have like a box of pokemon cards i've had from the 90s that i've
only been open maybe like twice so cheddar's gonna run through all those cards with
me and see if there's anything good in there because I know next to nothing about Pokemon
nice
Cheddar's a G man I like Cheddar a lot
shout out to the last living alien friend dude
yeah he won't let it go
he will not let that alien friend go
unlike AlphaGo
I mean it's his personality now
you know what I mean like
it's gonna be hard to let go
like everyone knows that guy from that that PFP you know what I mean Alpha that's it's gonna be hard to let go like everyone knows that guy from from that that pfp you know what i mean yeah needs to go back to the fucking uh
the the alien friend bro that's i agree one of the last ones he talked about it he talked about
his pfp a couple weeks ago and mentioned the alien friend but then he he said he had some other shit
that was i've told him a bunch of times
dude if you're in web 3 and you don't have an nft pfp sorry i have i have a uh hot take i think
that's gay i think that's real gay sorry coin kong now coin kong you're doing a little bit of
different stuff you're promoting your own businesses and stuff but alpha co is the host
of a web 3 twitter space every day and has a fucking anime PFP.
I hope someone clips this and sends it to him.
Brother, you're washed and gay.
Put the alien friend on.
That's funny.
Yeah, no, I agree.
I told him and Kuro a few weeks ago,
I was like, both of you guys need to get rid of these fucking Sailor Moon PFPs and put a fucking NFT
Yeah.
Yeah, I think Alpha Cote.
Yeah, I think the alien friend.
But I mean...
But Kuros isn't a
Layu or whatever
fuck it is. The fucking...
Yeah, it's an NFT though.
Is it? I think he used to have an Alu.
Now he's got the thing with the hand raised
from that movie, but I think
it's an Alu with its hand raised,
maybe. I don't know.
Yeah, it's an Alu with its hand raised.
I was going to say, the one he has,
he's actually rocking an Alu, too.
Classic Coin Kong
coming through.
Do you hear the uh do you hear the the fucking i thought i
walked out on my backpack and i lost one bar of wi-fi i thought oh shit it's me this time nope
it was going no it was going kong um that's for damn sure um all right cool uh well let's get to
it we have the invention network coming in uh here shortly alan's going
to be joining us around 12 o'clock um so we want to get to everything that we have uh pinned up at
the top right kenny kenny let's get to a market report pretty quickly um because trump said
everybody's winning basically yeah i mean. Everybody's got big bags now.
Boy, let me tell you something.
I tried to watch a lot of it, and bro,
I mean, this motherfucker would not shut the fuck up, bro.
He just kept talking and talking and talking.
I mean, look.
I lowered the prices of eggs and milk and butter.
I was like, oh, hell no, this motherfucker, look. I lowered the prices of eggs and milk and butter.
I was like, oh, hell no, this motherfucker.
Bro, you know what's always funny is like the fact checking after the fact of the State of the Union for Trump.
I mean, because this motherfucker just makes shit up, bro.
He just straight up loved the guy, whatever.
He's crazy, though.
You know what I'm saying?
And he can't really believe everything he has to say.
But overall, obviously, like I said, things are pumping right now.
You're looking at the stock market.
We were fucking super green after the big sell-off on Monday, right?
Yeah, yesterday was really good.
Today, NASDAQ's up another 209 points.
Dow Jones up 150.
Jones up 150 and S&P back up 37 and a half points.
And S&P back up 37.5 points.
So, you know, and then you're looking at Bitcoin running pretty nicely right now.
I mean, we are back up to 67,596.
You know, that's a really good number.
I mean, we're trending back towards 70.
ETH is back up over 2,000.
Solana up 86 to 86.22. So Solana's up 10.5%.
You got ETH up 8.5 and Bitcoin up just over 5%. That's what you want to see.
Yeah. Then there was some bullish news about stablecoin structure stuff,
being integrated into stuff. So I mean, look the crypto is here to stay obviously it's
going to be volatile for the foreseeable future but have no doubt it's got its place in you know
the world and it will continue to do well moving forward it's just you got to go through the cycles
you know so uh yeah feel pretty good about that other than that meme coins i don't really know
i haven't been looking at memes too much yesterday.
We saw Punch run back up to 40 mil.
Actually, I think it got up to like 43, 44, but currently.
So, yeah, if you actually bought yesterday morning, you could have hit a 2x throughout the day.
But it's back down to 24.2 mil.
So kind of fully round trip the gains it made from yesterday.
But other than that, saw this one coin agency.
It was a hackathon coin for Solana that did pretty well yesterday.
Ran up to about four or five mil.
There were a couple runners, but overall still just got to pay attention, find the runners.
Other than that, NFTs, a little bit of green across the board this morning um but not a whole lot of
change now the price of eath is going back up so that's good but yeah punches are still sitting at
4.49 crypto punks down slightly not a whole lot of action that's the only problem just not a whole
lot of volume so uh we'll see where we're at moving forward, but good to see some green on the day.
Yeah.
Yesterday, I bought those Badgers live, $13, like $11 to $13.
Did pretty well on those.
I made like .07 ETH on the entire trade.
Sold one for almost everything that I had into it.
It was like 0.035.
Probably could have got a little bit more out of it,
but I knew once the reveal was going to happen,
I have a problem now since Good Vibes,
you know, selling pre-reveal and um yeah so i just held let's be honest these badgers were not gonna be no good i'm not saying they weren't but it
it like i ended up listen listen that it fucking the mint went really well in post mint it hit
over a 2x from the actual mint price.
There was a lot of volume on it yesterday.
There were a lot of buys.
So, I mean, you never know with these collections.
That's the thing.
That's why you got guys like Tima who sweep 40, 50 of every one of these collections
in hopes that it's the next Del Mundo's or the next Normies.
You just never know.
Yeah.
And they have stuff coming they said
that they're working with uh machiavelli i don't know if they're working with you or uh who they're
working with but they said they have some things coming uh into the other side the honey badgers
mad uh yeah i mad honey yeah i think i do know who they're working with. Yeah. So they said they're going to have a skin in the other side. So, but like it just, for me, I knew the price was going to go
down. So I sold like three weeks. I think the other five or six. Um, so I mean, there's plays
out there. We just had froze on, uh, thanks to Machiavelli, we've seen.
Mac, did you see that first serve spot sold for $170?
No, I didn't.
Yeah, it sold in some Discord, which is wild because you can go buy the coin.
Yeah, and see, there's a lot of people out here that just don't think, bro. And who knows what they're being told in that Discord?
Yeah, or they just don't
know or they don't know yeah i agree with that mac and you cheese but i think there's also people
that are just retarded bro you know like no 100 i'm not and listen i'm not denying that at all
at all but like we're on an active marketing campaign uh with filter and and froze you know
what i'm saying so like there's going to be a few other gtd spots given out so like that like i don't know i see some of the people panicking on the and froze, you know what I'm saying? So like, there's going to be a few other GTD spots given out.
So like that, like, I don't know.
I see some of the people panicking on the timeline, but then, you know,
it there's, there's motion there.
So, uh, you know, he just reached the, uh, you know, I think they're sitting at 5.2.
I think we have a big event this Friday for a million dollar burn.
Um, so like this, you know, Dutch ain't fucking around.
Yeah.
Um, no, and they're, like I said, they're definitely still very active on the timeline.
So, you know, they, yeah, they had some people in my comments are the ones that I gave away.
And for some reason, it copied and pasted the guy's name wrong.
Something happened.
I don't know.
Dude was freaking out in the comments about, oh, my God, I don't think I'm going to get my spot.
You know, so.
Doesn't it feel like 21, right?
You know what I'm saying?
Yeah.
Right now, like, it feels like back in the day, people are like, yo.
So I gave away some E-Bits football mints the other day, live on the NFT space on Sunday.
And I had people in my DMs being like, yo, bro, can you double check?
Can you DM Terjito?
And I'm like, bro, I said, I promise I send it in.
You know what I mean?
And then I confirmed, but it's still, you know,
you still have this angst, you know what I mean?
Like this, people like to mint. People want to be a part of it, be a part of something, belong to something.
And I love that energy out here. You know what I'm saying?
Like, yeah, that energy out here and whether it's a pavement or Freeman or any of these things like I'm I'm I'm loving like this NFT class that we have this year and things that are that are happening.
And listen, for all intents
and purposes people are trying to still cook hell the night gliders sold out 1666 um nfts yesterday
at 380 or 68 a piece you know what i mean like damn how many how many was it 1666 damn so you
know roughly you know a 60k raise right there on Ape Chain.
You know what I mean?
Something about them night gliders I do like.
I don't often.
They're moonbird.
They're moonbird lineage.
You know what I'm saying?
Probably it comes from the moonbirds.
Like, if you look at a lot of their traits with the moon sitting over the night glider's head and stuff like that, like, it's very much in that vein.
And they just released a trainer to, you know, add to their ecosystem
and, like, evolve their entire situation, which I thought was pretty interesting.
Was it, like, they went with this Pokemon-esque trainer-type situation,
and I kind of, like, I think that's pretty fucking cool.
Like, you know what I mean?
Like, that's evolving the brand.
That's not just throwing out another creature or another NFT
for the sake of throwing out another NFT.
Like, they're doing something
there they're building a world and and everything they do is pixelated in that vein still the same
as moonbird but um they also have the illustrated side as well so 259 000 eight in volume yeah it's
cooking which is pretty wild like and they're up right now i think they're up i mean that's like a dollar 75 but anyway i'm just kidding just kidding just kidding it is it's actually a dollar 78 know your okay
damn yeah i mean the um the floor price is 61.14 549 eight i do i really do like them though there's
there's not a lot of things on eight chain that have caught my eye and the night gliders have like i've been watching those for a while
wait till the swan donkeys come out you're gonna grow you listen i'm gonna make sure you got i'm
gonna stand on business for this to build maca valley i'm not i don't with ape chain until
ape chain with flingers dog i i just i can't do it dude what do you mean if jane with flingers
dog i i just i can't do it dude what do you mean if jane fucks with flingers if i go and fucking
look at if i go and look at ape chain nfts on any given week on openc flingers flingers is never
getting enough love dude they just aren't hype is one of the most based builders in the ape chain
ecosystem you know dude comes from the heart and he busts his ass like he doesn't like he's not
like using you know the ai tools to do his his modeling and stuff like that like he builds
everything well he builds everything by hand bro listen i called on him um saturday morning because
i had uh something go wrong with my um ai generation of trying to do like frankie's house
and i was like bro i was trying to do the surprise with this lily pad and the
shoe and all this stuff and he's like oh mcabelly i got you bro and i was like for real and he's
like and i thought i thought he was gonna i told him i was like yo this is a tool i'm trying to
use you could probably use it better than me and i thought like he would just go the easy route
because i was just trying to point him out what i was trying to do and homeboy built it by hand like in in two hours like uh and detailed to spec he's a creative
fucking galaxy like i was just i was blown away bro like he's he's we've we've done like the star
wars theme other games with him before and stuff like that and like you know he has like this this
really good knack and presence and like he's really building out a brand like he's he's worked with some of the biggest brands in web too fade um from that song fade from uh
what's his name alan walker yeah that's the guys yeah you know that's one of the that's one of the
most recognizable tunes in the entire fucking world and that that what looks like an ir real
video is actually a 3d animated video that Haifa put
together, which is fucking just amazing.
Yeah. I was in, uh, I was in many, uh,
calls with him while he was making that.
That's why he just full screened me. What the fuck?
Uh, cause I'm, I'm trying to work through some technical issues.
In a couple of the other Alan Walker music videos and stuff that there's like
G's on ape logo.
There's ape chain logos and nfts and
shit like that in those other videos yeah to my knowledge my i think i know there's flingers in
there and i i can't remember if it was my pfp or if it was there was something of mine he put in
one of the videos on one of the like train cars um bro he hides shit
everywhere he had shit everywhere but no but like you know um a chain does fuck with hypha okay you
know i know that maybe the floor price of the nft doesn't reflect that or anything like that but he
is one of the most proliferate builders we have over there he literally like ingeniously created
his own platform hypha labs and like
you know pretty much i mean you could call it front running or whatever like uh he he beat
everybody to the punch like as far as you allow everybody to like customize their in-game avatars
even built avatars for other communities like feline fiends and stuff like that made them all
their wearables now they're all customizable and like well he has an entire platform where you can go there
and submit your artwork and
do it. I'm about to release
Booger which is my
court kid is coming out through
Hypha Labs and we had him
like I did I made an AI slot version and I
was just going to give it to free for the community
and which they're still going to get it for free but like
then whenever Hypha was going to fix
the rigging and stuff on it
He was just like Mac let's just do this the right way
Like this is what it's going to run
Like this is what it would entail
And he's like what do you think
And I was like you know what
I just didn't want to just give shit
You know what I mean
Like I want to give something that people are going to be like
Oh okay or it's customizable all those things
And so it's almost done being modeled
And then you know, you know,
we're going to do a,
a book of release through hyphen labs and it's going to be full
customizable on the skins,
the,
the goo in between the goo on his,
all of the hat,
all that stuff's going to be interchangeable,
customizable.
And,
we're going to give them out to the community here through hyphen labs.
Yeah.
So there you go.
I'll see.
Hey,
look,
I can,
I just,
I cannot talk about a chain without, uh, talking about flingers, but I will say I'm See? Hey, look, I cannot talk about Ape Chain without talking about Flingers.
But I will say, I'm looking at this Night Gliders Trainers art.
I like it.
I like these.
They are cool looking.
I like the Night Gliders already.
To be honest, I used to not even – I used to kind of think pixel art was kind of retarded.
And then I kind of started falling in love with GUs.
And now I kind of have, like Like I have a taste for pixel art now
Yeah you have a little pixel effect
I do I do have a little bit of a taste
For pixel art now and these are pretty
Cool we did a couple of
Other game events
With the night gliders and they
Were the first ones like they rolled us out
Custom avatars like yo honeybee we
Did this whole like fighter jet thing with them
Because of like you know top gun mavericks like a theme and you know they put our night like we got custom
night gliders that are in like the fighter jet material with like the wings and stuff and honey
b made some dope ass videos like we've had some fun with the night gliders team and we're going
to be doing uh if i'm not mistaken i think we're going to be doing something with the trainers
so i'm super super stoked like how they're evolving their ecosystem and stuff like that.
And like, yo, the, the other side is breeding like this different type of creativity that the
NFT founders wish that they would have had this opportunity in 2021 and stuff like that.
Like, you know, we're, we're rolling into this next level.
Like imagine if we had the momentum we had then with the tools that we have now,
um, it would, it would be a totally different economy.
And while it's slow a totally different economy and while
it's slow and and and you know like you know there's people are still leaving quote-unquote
i think that they're we're on the precipice of something that's that's that's nice out here and
it'll eventually catch up i mean it'll kick it will yeah there's no way i feel like there's no
way that it won't like it's like the little fucking engine that could and it is to two in my friend yeah that's cool well good uh pretty good update there from um mac there on other side
and uh other side's fun so it is fun it's you know it's a shame we didn't have the other side
in the 2021 2022 cycle because i mean people were trying to do
this kind of stuff with like sandbox but it was just so limited and the other side is just
so much more current with what you know gaming actually is today um it's just a shame that we
don't have the vibes of that cycle to match the tech of the other side but we'll get there i do
think we'll get there.
We're going to, I think we're going to be surprised with it.
Like, let's, let's see where we are nine months down the line.
You know what I mean?
Um, when, when, you know, now that they, they've acquired the improbable team and then squared and like, you know, they're reconfiguring and they're going to be reproducing.
Like I, I'm, I'm just excited about, you know, the chance for, you know, a vertical incline and like what it means to, you know, actually see these builders produce some of these games that are going to be being released and like get to partake in all these.
Like it's really cutting edge.
You know what I'm saying?
Like it's a lot of just a lot of new stuff.
So I'm real quick while we have you and while we're talking about other side, because we've got a bunch of other shit to get to.
Yeah.
We got to get to. Well. Do we got to get to?
Well, just other shit that's pinned up top.
But I have a company coming on.
The quit posted yesterday that CODAs and other deeds are now going to be are now ERC 721 C's.
What is that actually doing?
Is it is it allowing you to turn off royalties or i think it turns on royalties
okay that what that means um yeah uh well he said this replaces our legacy royalty enforcement path
with limit breaks model which is more compatible with how modern nft marketplaces operate um he said for now both collections are uh in an open rule set to avoid
disruption so i'm not so essentially um from my understanding of the 721 uh c is like it's a
it still reinforces royalties to the contract. A lot of people have been moving to that
contract for
an update.
You know what I mean?
From my understanding.
The chain evolves.
Tech evolves.
So not another migration or no shit like that.
No, no, no.
Okay, good.
I didn't hear anything about it.
I'm going to tell you right right now they would have told us um they would have told us if there was some type of migration or something yeah i don't think so
but i mean fuck they've already upgraded enough shit with other deeds and uh whatnot so yeah uh
well good stuff man uh kenny i don't think you've even been to another side yet, have you?
Kenny Powers lives in the same city as me and hasn't even taken me out to lunch after he said he would.
Brother, anytime you want to let a motherfucker know, bro.
Kenny Powers is the king of cap, dude.
This motherfucker will say anything on a space.
He will literally say anything.
What part of town do you live on?
What part of town?
Southside.
I'm South Houston.
Yeah.
I'm like, how far south?
Are you talking like Mo City?
How far from Reliant Stadium are you?
Like Beltway, Pasadena, South Houston area.
Okay.
Dude, so I live like kind of by the Myerland, Bel Air area.
Okay.
Oh, man.
Can you live over there?
Listen, I stay in the hood.
Can you stay up there uptown?
Okay.
It's just, you know, that's where I grew up, man.
So I stay close to the parents, you know?
He stays close to his peoples.
No, we definitely got to get together one day, bro.
We definitely got to do that. Dude, anytime, bro. Any fucking time. Just hit me definitely got to get together one day, bro. We definitely got to do that.
Do that any time, bro.
Any fucking time.
Just hit me up.
I don't believe you, Kenny.
I don't believe you.
Listen, I'm going to put it to the test.
We're going to make some content with this.
Yeah.
Yeah, I'll do it.
Oh, good luck.
Kenny Powers will go on camera.
Good luck.
Good luck trying to make content with Kenny Powers, dude.
Listen, we're going to put an NFT over his face.
That's the rule.
What are you talking about?
Well, I mean, he's already doxxed.
He's doxxed on his pin pose.
He doesn't mean we want to see him.
Yeah.
That's true.
Yeah, I don't know.
Kenny, go ahead.
Let's get some fucking pack ripping or something going on.
Coffee with Kenny and Mac.
Let's do that. Be a 7 a.m show um bro what are you talking about i'm
not about to do something like that you're crazy i'll be a cap i'll be with coffee with captain
yeah um all right cool uh another uh achievement uh has some action happening today. Normies.
The burn process is starting for normies today.
You'll be able to take all of your normies
and basically upgrade the artwork,
add more pixels.
So basically every normie has a certain amount of pixels
on the NFT.
And you can save your favorite one and burn all the rest.
But when you burn the NFTs, the pixels move to the new NFT, which allows you to upgrade the NFT.
It changes the rarity.
It changes.
So basically, you're going to have levels to this.
And there's a game that they have already made that's going to be released.
And your levels is what's going to determine your path in the game.
So the higher the level, the higher up in the game, I guess the more rewards.
I haven't heard nothing about tokens or anything like that.
I'm not sure what the game is actually going to be.
But this burn process starts at 2 p.m. Eastern.
Not sure where.
I know their floor price was down to like 0.04.
It's down 35%, 0.0379.
So 70 bucks for these. They did reach, I mean, there was some sales that were well over one ETH, but we'll see what happens. I'm looking through the holders
right now and there's some people that have, you know, multiple hundreds. So either they're going to be burning or they're going to be waiting to,
you know, upgrade their artwork.
I see Flex has 74 of these fucking things.
So going to be interesting to see
how much of the 10K supply gets cut here.
But apparently the, I think the,
I think the founder of this is a Good Vibes Club member.
And so it's gotten a lot of Good Vibes support.
But, yeah, so that's something that tickles your fancy.
Then go grab you some normies and upgrade these.
That one right there on the floor is not bad looking.
I like that dude right there. He floor is not bad looking i like that dude right
there he looks like he's kind of chill uh but yeah so we'll see what happens to the floor price
i don't know if there's going to be a ton of them burned i mean how well has this worked out in the
past i know big rug is like oh this is you know it's been done before i've never seen any of them
burn and then the levels change in a
game big rug will turn around and tell you he's bullish on netizens because of that burn mechanic
though so i don't know man just because it's been done before don't mean it's not cool
yeah a lot of stuff has been done before it's all about the application the belief in the team the
vibes of the community i don't know i've not been messing with these
normies but i've seen a lot of them on the timeline so i think you know people people
care a little bit i mean yeah it was the most liked post in adam weitzman's it was the most
liked post in adam weitzman's uh tweet about uh looking for a new community so you know look 70 at a 10 000 collection you start burning these
shrinking supply yeah i don't see why that wouldn't help i don't see why that won't i mean
there's obviously there's you know a 10 a 10k supply at 70 bucks a pfp right now i mean you
know as you burn these down i don't i don't see why that why why that doesn't
increase the price of them yeah i'm still holding mine um because i am down a little bit on them but
just waiting to see what happens yo um dutch just hit me in the dms he sent me this post that they
put out so uh he was talking about the market cap of froze. It went from 1.5.
It's currently sitting at 5.2 mil market cap, uh, as promised 20% supply burn incoming.
They're going to burn a million dollars worth of tokens.
Um, but yeah, he just wanted to update us on that.
It's pretty fucking cool.
That is, I have a feeling once they announced the mid date for Froge, that that market cap is going to rip.
It might not be a bad play, honestly.
Just because they've done a good job of hyping up the mint,
I feel like once they announce the mint date,
people that don't have a guaranteed spot yet or a first-come, first-serve
are going to try and do whatever they can to be able to get a whitelist spot.
So I have a feeling there'll be some pretty serious buy pressure
on top of the burn.
So the coin can do pretty well.
Something to think about.
Yeah.
20% of the supply burn incoming is pretty big.
That's $1 million worth of tokens going up in flames
this Friday during Glitch Episode 3 Space.
Yeah, that's pretty good.
And in this post, did you pin it at the top, Kenny, or no?
No, I didn't. I can do that.
Okay. Yeah, because in this post, it says,
Tag us. We're selecting five winners for a GTD spot
from the strongest bull post.
Let's make the timeline feel it.
I think they're probably going to go that first week of March
would be my guess, right?
I mean, you got to go while the fucking iron's hot.
You don't want to wait too long.
I don't know.
What's too long?
It all just depends on what the market's doing at any given day.
Yeah, but there's NFTs that are doing really well right now.
This community is really strong.
Yeah, they do have some momentum right now.
You can feel the momentum on it.
Yeah, and I don't think
they really care about, you know.
Yeah, obviously they care about the market,
but I don't think they're letting the market
dictate what they do.
He said they had a few
things left to work out, and they're going to be
pretty much ready to go.
So, Machiavelli,
what do you think? You think first week,velli uh what do you think you think first week second
week what do you think i would say uh second week maybe third beginning the third week okay
you know all right yeah yeah um yeah looks like it's gonna be pretty big uh froze on meteora what happens if uh what happens if meteora gets nuked by zach xbt this
week yeah i don't know yeah yeah oh you know there's always something you know what i mean
you know elon musk once said the most entertaining outcome is often the most likely. And I got to say, the most entertaining outcome that I have heard suggested would definitely be World Liberty 5.
I think that would be absolutely the most potential entertainment value to see.
It would be, but I mean, unless he's just trying to make a name for himself and go, you know, go, like, I don't know.
If he wants Blackhawks above his house and things like that,
then he could maybe announce World Liberty Finance.
Yeah.
Blackhawks.
Blackhawks.
Blackhawks.
Blackhawks.
Yeah.
Not Blackhawks.
Above his house, not in his house. Yeah. I spell it how I can. Yeah. Not Black Hawks. Above his house, not in his mouth.
I spell it how I can.
Yeah.
Kyle.
I know I want to go for a ride on a Black Hawk.
Yeah.
Can you explain to me what... I know you would like to ride a Black Hawk.
You know what's funny though?
Jajani, his whole life is going to be right there on the courtroom. You know it's funny though it's like joddy his whole life is gonna
be right there on the courtroom you know they actually say black hawk over there you know
what i'm saying they see them often you know so uh can you uh kyle while we're transitioning over and over to other stuff here. Can you explain to me what YG's PFP is?
Can you go
just go to his profile?
You're going to have to go to his profile.
Oh, okay. He's not even in space.
He did say he did a...
I don't understand.
It's just somebody wearing the unicorn head.
You see these in videos on
whatever. You see these in viral videos all the time, the the unicorn head. I mean, you see these in videos on, like, whatever.
You see these in, like, viral videos all the time, the, like, rubber unicorn head.
I don't know.
He did sound a bit frustrated here in my recent conversations with him, and he did say he is changing his PFP for the first time in, what did he say, three or four years?
I think he's changed it before then.
And Academy having some struggles here.
Gandhi posted 18 hours ago,
the last selfie by X copy,
a $1 million,
180 day U.S.
D.C.
loan on one of the last selfies.
This is a one of 10 edition
from X copy.
The guy originally paid,
I think a couple hundred grand for it.
And then just got a million dollar loan.
Do you think this guy pays the loan back?
It had an origination fee of $13,000.
Yeah.
The APR on that is insane, number one.
Number two, I'm pretty sure.
I think I saw that he spent, what, 200 and something on it?
It was like 280 grand he paid for it originally.
Right.
So, I mean, he's up fucking.
It's worth way more than that.
The last one sold for, I think, three or four million dollars.
The last one did.
Yeah, I would assume...
Bro, he just got a 3X on a loan.
I know, I know.
That's fucking phenomenal.
Even if it does go, if it does disappear,
I mean, Homeboy won.
Yeah.
So, yeah, pretty big fucking money thrown around there.
I mean, yeah, you had Seedfraze do a $2.5 million loan.
Then he extended it for another year.
Is there someone really giving them the loans,
or are they just giving it from the left pocket to the right pocket?
No, I mean, you can see it.
It's on chain.
So whether or not they're just doing this to pump loan business at Gandhi,
I don't know.
But I know the last one of these sold not very long.
I think Raoul Paul bought it.
It was like $2.5 or $3.5 million they bought it for.
Yeah, the guy said that Sui will be at $15.
The guy said what? That Sui will be at $15. The guy said what?
That Sui will be in this cycle
$15.
He's just trying to pump his own bags.
Quit watching YouTube videos, Dijani.
I've said all kinds of dumb shit, Dijani.
When are you going to start holding me accountable?
Yeah, I said fucking RA was going to be the next thing
to slice bread.
I specifically remember hearing you, Dijani,
say creeps are going to flip board eights.
Yeah.
Yeah, that's true.
I had a dream.
I had a dream.
We all did, buddy.
We all did.
That was dark.
Dream in one hand and
the other.
Yeah, exactly, Matt. That was a long time to get a phone call that was a downtown theater yeah
well we we we got that we got the gist of it um yeah um then meta announced uh they are going to
be jumping in and integrating stable coins not creating their own chain uh good thing there
we don't need no more fucking chains um we have enough enough in the pipeline already uh so we
don't know what's going to end up happening because i guess kenny was it stripe is it rumored that
stripe is buying paypal did you see that i saw something around that, yeah. I mean,
I own some PayPal. I didn't notice the
stock was up, so
I'm assuming that's what it is. I can
give you the exact details
in just a second. Yeah,
that's apparently
that. Kenny, are you still holding your circle?
Because
Captain said that was up like 25%
today.
Yes, Circle is doing pretty well.
Yes.
It's up $17.27.
You know, earnings was good.
So, yeah.
I'm still holding that.
Okay.
All right.
Well, there you go with that stuff uh and then coinbase announced yesterday
that you will be able to trade stocks around the clock um zero commission one unified portfolio
for stocks and crypto by fractional shares for as little as a dollar uh now available to all eligible u.s traders on coinbase yeah i'm sorry to johnny what
did you say powered by chain link okay yeah this is a big step for them um you know you can trade
24.5 you know i mean you can buy stocks you, midnight if you want to at this point, you know, whenever you want to, which is pretty cool.
I mean, this is the first time that's ever truly been able to happen.
Unless you're trading on, you know, platforms based in other countries and stuff like that.
But for the most part, you know, for a U.S.-based company to allow, you know, the trading of stocks 24.5 is pretty fucking awesome. And the fractionalized
part. I mean, look, you know, not everybody has, you know, per se, you know, there's certain
stocks that are like 1500 bucks, you know, you don't necessarily, somebody doesn't necessarily
want to put $1,521 into ASML, you can fractionally buy it, which is pretty cool.
So yeah, I think it's cool.
It's definitely going to bring in, I don't know if it'll bring in new users, but it should
definitely bring in more volume.
But yeah, who knows?
Maybe they pull some of the Robinhood crowd over to Coinbase.
I doubt it, but you never know.
It's a step in the right direction.
Yeah.
Kyle, yesterday, I'm sure you never know it's a it's a step in the right direction yeah uh kyle yesterday i'm sure you've seen it uh sagar tweeted that there's going to be a lot of major changes coming to abstract xp
jesus christ what did johnny or is this a chain link sponsored uh thing that you're doing here
you know you got to disclose this fucking uh sponsorship to johnny uh if you're doing here? You know, you got to disclose this fucking sponsorship to Johnny. If you're just going to spam
the word Chainlink
in the middle of every sentence
everyone is saying,
you're going to have to do
a little disclosure,
my brother in Christ.
Sounds like a pink shill, bro.
Like, come on.
Sounds like...
Look, Johnny left the stage
as soon as you fucking
called him out on that.
I didn't know he was
a Link Marine, bro.
That's crazy.
Did he leave?
Yeah, did he leave? Or did Nikita Bear just fucking nuke his account? I don't know he was a Link Marine, bro. That's crazy. Did he leave? Yeah, did he leave?
Or did Nikita Bear just fucking nuke his account?
I don't know.
It's like...
They're on to you abort.
They're on to you abort.
Kenny, how's the weather in Houston?
Oh, Chainlink will give you the weather really good.
It's like, what?
Fuck, bro.
Anyway, what was your question?
What were you asking me?
Nothing about Saigar uh major changes coming to
abstract xp that's right where they're no longer going to be rewarding uh solely based on like
web 2 infrastructure nothing that's pushing the chain they want activity on chain. He said that about a month ago. Then they released the on chain dot abs dot XYZ where you can actually go see all your transactions and see what the fuck you've been doing.
So, you know, this is going to be pretty big, I think, for people maybe even like Katie as well.
Maybe.
It makes me a little nervous.
You know why?
Why?
Because I wonder if they haven't been stuffing us full XP the last couple.
I've had like 2X the XP I normally was getting the last couple of weeks.
And I am wondering if I'm going to see that fall off precipitously with this new change.
Well, if you're not doing on-chain volume, bro.
You know, I'm a creature of habit, sir.
I don't like change makes me nervous.
Well, in order to keep people guessing because they, you know,
nobody's ever been able to figure out the secret.
I mean, there's some of these guys that are getting 300K.
We talked about if you have GigaChad and all that.
Obviously, that helps helps uh but you know
it seems to be they're going they want you using the products they want you creating transactions
and that's going to be the biggest thing um hey i've got a question in my abs chat real quick
this is totally off subject but also hilarious is it about chain link no no it's not
from dijani uh tibor tarka i don't know says gm at cheese buddy you can't at cheese you can't at
someone in someone else's stream on that you can't even at and that's one thing i wish they would fix
in streaming is that you could at someone it would be be cool. But anyway, the question is, we met in a few streams in Affiliant's channel back in the summer.
What happened with Gambler?
Are you still promoting it?
They've really disappeared.
They haven't been on the abstract site for months.
Has something happened?
Yeah, I'll tell you what's happened.
Andy's an unhinged fucking retard.
And in his unprofessionalism, he has managed to nuke the brand of his entire platform.
That's what's happened, my brother.
Sorry if you held a bunch of their JPEGs or anything along those lines.
I tried getting Affiliant to come with me to Toshibet,
leave the chaos over there,
and he seems to be happy where he's at.
So I hope he's doing well.
Yeah, it's not my cup of tea.
Not going anywhere near.
He got sponsored a great time.
By Chainlink.
No, not by Chainlink, by this guy.
But yeah, Link will sponsor me a great time in the future.
But yeah, he got really sponsored by Gamb guy. But yeah, Link will sponsor me at great time in the future. But yeah,
he got really sponsored
by a gambler
and I think
he has feeling
an obligation
to stay with them.
Yeah, sucks.
I don't know about all that.
I just know
that they're not on Abstract anymore
because Andy thought
he was going to bully them
into leaning into their platform
on the timeline
instead of being like,
I don't know,
maybe somewhat professional handling things in the back channels. And so, yeah, they never got
embraced. Yeah, exactly. Turns out being an unhinged dipshit doesn't work very well as a
business model. Yeah. So back to it anyways. Yeah. Go play over there if you want. Doesn't
matter to me. I say you go play on Toshi.bet.
But anyways.
Link in Jesus' bio.
Exactly.
But anyways, back to the abstract stuff.
He talks about creating volume on prediction markets using AI agents,
onboarding tokens from other chains, LPN.
I think Aborian is going to be pretty big here if you're if you're using that as well um so over the next he said over the next few days and weeks
they're going to be you know expanding on this and in growing it out so we'll see what happens
what is this right here he said since, since a couple of people have asked,
the calculation for holding on-chain assets, tokens, and NFTs will not change too much.
The one thing that I was upset about was that, once again, no love shown to streamers,
even though right now I can't stream because their fucking streaming is not working.
I just don't think they're pushing
the streaming thing too much right now i think that'll come i think when they really start
trying to fire up look i think right and we were talking about this some gmb and uh marianne host
of space proliferation we were in there yesterday i was kind of playing devil's advocate on this um
i think everything that you see here that's going to be promoted is kind of counter to the culture of
normie friendly ease of onboarding type meta but i also think you know in hindsight on that
conversation i just don't think that i think it's going to be hard to do that onboarding right now
anyway with the sentiment around web 3 so what they're trying to do which i do think is wise
is lean into what is the meta right now which is this whole ai thing it's the agents it's the defy stuff um you know
i i think for right now that's that's what they want to do they want to they want to try to they
they want to try to bring the they want to bring to the forefront the things that are already at
the forefront in the web three space and i think at some point you know
in the future when when web 3 is looking a little more normie friendly in general they'll probably
fire up the marketing machine in a big way start trying to onboard the normies again in a big way
and you'll start probably feeling like we're getting closer to the problem but the problem
there is is none of that what you addressed is is dealing with the fact that you were dumb to think
whatever Lucas said in the beginning about abstract streamers.
Somebody's going to be a millionaire, whatever.
That wasn't the whole point.
The point was streaming was made on the platform
to promote the brands that are on abstract
and to empower creators.
And they have not once
given any streamers
any boost in XP.
They've not given any
special badges. You get XP for streaming.
You absolutely get XP
for streaming. You get very,
very minimal. I've done this for several
weeks where I've done nothing on chain
except stream.
And my XP was very, very minimal.
I know.
And I think that's exactly what I'm saying, though.
Streaming is the normie side of the platform.
Streaming is the.
I don't know.
I just dreaming will be a big part of it.
Huh?
I just I disagree with the take.
I understand what you're saying.
I just disagree with it.
I think what exactly do you
disagree with well how do you get people to even onboarding come on to the platform and get even
more reach by having that's exactly what my take is that they're not focusing on onboarding people
from the normiverse right now they're focusing on onboarding people from the current metas which is
ai agents and stuff like that but one of the biggest things happening right now is clipping.
And if you don't have streamers on there showing your product,
people aren't going to come over there to clip because nobody's making any money,
you know, because streamers aren't even getting any reach
because people aren't clipping them.
And there's tons of people playing these games nonstop all day.
So it's like streamers need more attention is all I'm saying.
The tech needs to be upgraded because once again,
now I'm two days in and I can't stream.
So I think it's a big thing that they need to address because Luca made it
such a point that abstract streaming was going to be the fucking,
the next kick.
So going to make millionaires it's going to make millionaires in this market i i get the point it's just that you know there's only so much
look look they've got so much money that they're going to concentrate so much dev power that
they're going to concentrate on any given sector of the platform at any given time and you know i mean right now
the meta is what it is across the space so you know uh teacher katie said and also for people
who hold assets too and by the way i commented that on cygar's thing i specifically said what
about streamers and people holding nfts obviously that's my bias like i'm with you these are the
things i would like to see promoted right i stream and i hold nfts this is literally what i do in web3 um but i also like i can i can lick my fingers stick
it in the air and tell which way the wind's blowing you know yeah so i understand what
they're doing and i i do think that we will see the things that we're talking about that i would
like to see that you're saying you would like to see i think we get back to that it's just it's it's just when the time's right you know yeah um all right let's get to chris d real quick
and then i am going to be getting alan up here from the invention network uh so we can chat with
the team and go over everything happening uh in that ecosystem uh chris what's up bro how you doing yo i've been driving for two hours to go
see coin kong and i forgot my new little fucking travel pee in a bottle thing that i got on amazon
and i'm dying right now you got a sheewee for for road trips is that what it means yeah it's it's
like it's like a it's like a it like expands so's compactable, but then you just popped a little lid off and it's a male female.
So it's got kind of a weird shape on top.
Chris lives in fake LA where it's like,
he needs something like that,
but he can still say he's in LA.
You know where you guys are at?
You're not in LA,
but coin Kong is,
and I might as well be.
Yeah,
bro.
It doesn't matter in LA, but Coin Kong is, and I might as well be. Yeah, bro, it doesn't matter.
In LA... I pitched that product on Shark Tank. Kevin O'Leary
invested in it, so that's...
Bro, I'm going to pee in it.
I'm excited. I've never done it yet.
You could be trying to go from Riverside
to Ontario, and it'd
take you two hours.
Wow, I don't know about that. I could walk.
Anyway, here's the thing. I want to ask you guys. I wow i don't know about that i can yeah anyway hey here's the thing
i want to ask you guys i didn't want to talk about peeing but um streaming you're talking about
abstract i don't see anybody on abstract anywhere else besides on abstract or at best on this dog shit app called x are you taking streaming to like as a as an end point or is it a means doing
it like are you guys like i was watching your stream right now um which is why i came into the
space and i'm thinking about how many people from inside our cute little ecosystem just stay here
when this is like an incubator i don't know if you've ever seen a little baby chick that lives its whole
life cycle inside the incubator, but that wouldn't be pretty.
And I think that's what we're all doing.
So I'm just curious, just from your, your standpoint, you guys.
I think that's a good analogy.
I think that's a good analogy and a good point.
And I mean, to be honest, I'm, I mean,
Jesus is going to have a much more developed answer than this.
I'm streaming on abstract just because Jesus bothered to set up the stream yard and I'm farming abstract points.
I don't disagree, though.
I mean, Jesus, what do you think?
I mean, is there a reason that we don't stream on like kick or Twitch or other things like that?
I mean, I'm live on kick right now as well.
So my question wasn't about streaming to more places because again that'd be like
hey we're in five incubators not just one multi-streaming is fantastic as an end result
like uh dude i actually watched some gary v content for the first time in a minute just now
and he's saying something pretty interesting that i totally agree with it he's calling it
instead of social media he's calling it interest media and the
truth of it is like people are just watching they're being served up clips and little things
like that that are in their interest for example uh i run a show for eddie dancing eddie right
and i set it all up and we run it and it's a stream no one watches the fucking stream at all
but you know what we're getting millions of fucking views on those clips about the Olympics right now
because that's what Instagram is pushing.
And the fucking Olympians are commenting on the video of Eddie
talking about them doing their Olympic shit.
And they're fucking in there and their moms are commenting.
Fucking people are seeing it.
And I'm not saying this is like, like oh it's the coolest thing ever guys
go talk about the olympics but i am saying that attention and interest is being served by people
without huge accounts and it's all coming from one place which is the machine you guys have built you
built a content machine but what are you shipping and so that's kind of my question is like are you clipping are you trying to well and that's one of the things that i i i was gonna get set up
with jonah on um and getting that going with him um but just haven't gotten around to it you know
it is a good point because i've seen clips taken from the space in our streams multiple
times by other people and actually do pretty well but yeah i mean i don't i don't ever clip anything
i don't this is my smack on the butt for both you guys just fucking clip stuff and get it out there
because it literally doesn't even matter if your show's about like anything in particular i was
actually thinking about this about like pitching toshibet
because i was like they get shut down anywhere if they're talking about betting casino anything
like that but why doesn't toshibet have a show that has for rotating guests on there and they
talk about a whole bunch of different shit that has nothing to do with gambling or whatever it's
just current interest pop culture shit and then they go and fucking play one of
the many different games that they have and they build that in and it's a big ass clip farm that
they do for 90 minutes once a week mostly because they're racist well yeah i mean but fucking there's
a whole ass interest section of the internet that they would serve we're gonna go there again
i have a really good idea for joshi betts now. I'm going to go pitch it to him.
You're going to go pitch it to him?
All right.
We got a guest on the stage.
So all you DGNs, you're going to have to come back tomorrow
and we can keep this conversation going.
Chris, I appreciate the feedback.
And I do understand what you're saying.
And it is important.
Otherwise, why are we sitting here hosting this space every day why are
we why are we in the back channels for more smacks on the butt too yeah why are we doing any of this
at all so uh it it does um it does add to that point so i totally agree with what you're saying
um so yeah i appreciate the take on that and you know we got each other's number i just need to
get we need to
sit down and have like a serious like chat about it and maybe you can slap you can be my Chris bot
and slap me in the right direction what do you think I'll I'll do it uh there might be a little
squeeze in there too also I am trying to not talk because I'm driving in shit fucking traffic in LA. So I love you guys.
All right, bro.
Much love, Christy.
Definitely appreciate the motivation, man.
Yeah, 100%.
Man, I come up here to rep fake LA with him, and he just dips out, bro.
Yeah, he dips.
That's terrible, man.
That's terrible.
He dipped.
All right.
We have Alan with us from the Invention Network.
Got a lot of stuff to cover because I was going through the websites last night, trying to get set up, trying to actually claim some tokens.
And there's a lot of stuff going on here.
So I am definitely excited to get to talking about this.
Alan, are you here?
Are you with us? Yes, sir. Nice. Um, yeah. When, uh, yeah, when I was approached about this,
I was like the invention network, you know, I've, I've done some stuff. I've tinkered around with
some things, but never, uh, and then I watched your video and like a lot of that hit with me
personally. So, uh, for anyone that has not seen the video,
I have it pinned at the top.
I'm trying to get rid of all the DGN crap tweets in between.
So that way you guys can see that.
But it is the main post from the 1st of December.
Go watch that video after the space
and you can get a little bit more connection there uh with alan and um
you know see if this uh see if see if the invention network is a community for you
uh but yeah welcome uh welcome in alan the what what before we get into what invention network is
can you give us some background on on who you are your your time in the space and and whatnot yes sir hello everybody and uh i just want to say i joined
and i just caught a lot of content around spanking patting each other on the bet on the butt and
meeting each other after and so i think i got some funny context right as I joined. And I just want to also
say, we can keep this degen, right? I can degen like the best of them. And so, you know, I want
to spend time talking about what's on your community's mind, right? If that's Invention
Network, happy to talk about it. But if that's talking about crypto prices or
clipping or what have you like.
Or random ass spankings.
Either way, it doesn't matter.
Yeah.
That's the one I'm the least interested in.
Yeah, we're going to have to get to know each other a little bit before I want to flirt too much.
But I'm happy to hear that you're open-minded.
Yeah.
Well, look, guys.
Thanks so much for hosting. And I just want to give you guys huge respect for building what I can already tell is a thriving community.
It's fucking hard to do that on the Internet, especially when prices are down in the early frosts of the crypto winter.
And so I'm just hugely thankful and grateful for you guys spending some time with me.
And, yeah, happy to share a bit about my background.
And, you know, I feel like I don't need to say this, but I'm going to say it anyways.
It's like, you guys interrupt me, right?
Ask me questions.
Like, don't pull your punches.
I do not want to be one of those founders that just shows up and like, just shills their
bags and everyone
multitask and tunes out like bring bring the pain bring the heat dial it to 11 like let's let's have
some fun like i'm not gonna tell you my seed phrase or my passwords but like other than that
i'm i'm i'm an open book that's all right i'll leverage that at it sure was that would be great
yeah i'm gonna yeah i need your mother's
maiden name in your uh high school yeah we don't need the seed phrase we have we have prompts to
get to get the answers out of you so um love it love it well um yeah look i'll uh i'll quick
quick intro um i wear three different hats and you know just like so many of you guys and gals here, like we're all someone's kids, brothers, neighbors, what have you.
The first most important hat that I wear is a dad.
I'm a dad.
I've got two little girls.
I've got a four-year-old and a two-year-old.
And everything I do and what I'm working on, I think about them.
It's for them.
It's with them.
It's because of them.
And so maybe there's some parents in the group here.
You know what I mean? The second hat that I wear is a builder. It's for them. It's with them. It's because of them. And so maybe there's some parents in the group here. You know what I mean? The second hat that I wear is a builder. I've built and sold
five companies from the ground up, brick by brick. Along the way, I've raised over $100 million
across some of the best investors in the world for those companies. I've taken two companies public, one as a COO, one as a CTO. I've been building companies for
15 years. I've been in crypto for 10 years. It's crazy, crazy to say. And every time I say that,
I cringe at being an old man. And the last hat I wear is an investor. I'm a really active angel investor in 60-something
companies. Nothing gives me more joy. Well, my kids give me a lot of joy, but professionally,
nothing gives me more joy than being the first true believer and an incredible founder,
being that first check, the first person to say, you're not crazy. Here's an investment. I love that.
I love doing that.
And actually, this, what do you, what do you look for when you, when you're like, what,
what makes you believe in someone in that sense to the point where you're willing to
open up your pocketbook like that?
They have to believe in themselves.
That's the first step, right?
They've got to, they've got to believe in themselves.
And I need to see and feel in that
person that they are going to run through a fucking wall they're going to chew on glass right
they're there that person has fallen in love with a problem that person has fallen in love with the
customer the best investments i've made look like that right right? It's if it's a Venn diagram
of three things, right? It's one is they believe in themselves. Two is they fall in love with the
customer. Three is fall in love with the problem. Some of the worst investments I've made is the
smoothest talking, most charismatic, most visionary founder who their entire business is like this
chain of miracles of like, well,
first I'm going to invent this business and then I'm going to go to the moon and then we're going
to mine asteroids and it's be a trillion dollar. And it sounds great. You know, it sounds great.
And you feel really smart for investing in that. And, and guess what? You know, they, they, they,
they don't have what it takes. So, you know, I'm not the world's best investor, but I am proud to say, I think 10
of the companies I've invested in have become billion dollar companies. I know 10 out of 60
is a pretty good hit rate. But my hit rate has been better as an investor in funds. I'm an LP in
about 15 different funds. I'm actually doing better there because I meet these incredible
early stage managers that can spend all of their time professionally investing. Whereas when I
angel invest, I'm doing it on the side. And so I would say if you're thinking about really scaling
up angel investing, actually allocating them to small funds, it's a good idea.
And then last piece, I spent two years at Blockchain Capital, almost two years on their investment team.
So that's a bit about me.
I love the zero to one.
I love building companies.
I'm building my sixth one now with the Invention Network.
And I'm happy to take this wherever we want.
we want we can roast vcs we can you know talk about crypto whatever's most useful for your
We can roast VCs.
We can talk about crypto, whatever is most useful for your community.
community no i mean i i think i think part of it's going to be is is what is the invention network is
this something for because one dj question before we get into the platform itself one dj question
who do you think zach xpt is going to blow up today. Tomorrow, right? I thought it was today.
I think I've got some DMs from people saying it's Meteora or PumpFun.
I think those are what my DMs are saying.
But I have not had time to dig in.
We had a major launch yesterday, and I am behind on my dj news i agree meteor and pump on seem like
the two most likely prospects world liberty five i think would be the most entertaining
no not for any political reasons just for sheer like news cycle insanity is all i mean you're
trying to send us even lower bro if it's world liberty i'm just saying the whole everything's gonna fucking burn at that point
back to what you were saying cheese yeah um but yeah no i mean i'm curious to know i want to know
more about uh the invention network because you also yesterday i believe the the launch you are
talking about is the uh is the super app right yeah yeah okay so yeah so i i want to kind
of get into this because like the way that i could tell the invention network is is not just
one product i mean it's like it's basically a community for not only inventors creators builders
uh just any anyone trying to solve problems like is that about the gist of what invention network
is at you know at its core yeah yeah thanks and you know my my marketing team always gives me
shit when i spend all the time talking about crypto or investing and then they're like go
promote the product promote promote your company um so yeah, look, the Invention Network is a holding company operating as a network.
I grew up as a founder, builder, investor, loving Berkshire Hathaway, loving Danaher, loving Constellation.
These are all conglomerates.
They're holding companies.
Coke Industries would be another one, right? These are massive businesses that build lots
of product lines and compound. They have these incredible overlapping flywheels. And I grew up
always wanting to build a holding company. And that's what we're doing. That's what we're doing.
So the Invention Network is a holding company operating as a network. What we do is we hunt down and we find the most extractive markets and industries
on the planet. Think payday lending, think cash advance, right? Real predatory extractive businesses.
And then we start a company or we make an investment or we buy a company. Mostly we start companies to build a competitive business
that realigns incentives and realigns business models.
That's where the invention part comes in.
It's like we invent new business models
in these deeply extractive categories.
And we just launched our first company yesterday
to prove it, to put our money where our mouth is.
And that is called
Invent Money. And I've just got to tell you, we just hit 24,000 users in 24 hours. I have never
had a product launch of this kind of scale and intensity. I'm exhausted. My team is exhausted, but I am so overwhelmed
with joy and gratitude at how the community has showed up and how they've adopted InventMoney
already day one. So look, that's what we do. Holding Company, we just launched our first
product. Happy to talk about my holding company. happy to talk about how a token fits into this model we can dive right into invent money whatever
is most useful for you um yeah uh because the actual token is is ticker invent right yeah um
and so obviously this is gonna play into all of the holdings that the invention company has right is is that yeah
it just there's going to be some type of um i i haven't seen any tokenomics i haven't looked at
anything can you kind of give us like a like a quick rundown of what that looks like yeah so
sounds like i'm amongst some fellow crypto natives and DGEN folks here. And so I'll just share a little bit more about the why.
Why the heck do we have a token?
Why am I doing the holding company to begin with?
Why not just single products, right?
And run them independently.
It's because I have a core belief that we are all being robbed.
Every single one of us, we are all being robbed.
And I call this the two-thirds economy.
It's an economy that works for every two out of three of us.
It works for the investor.
You're rich, you've got a bunch of cash.
You can buy, can invest in ownership assets and compound your wealth.
Congratulations, the rich get richer.
If you're an employee and you work for a company, you get stock, you get options,
you get ownership assets, it's a good deal for you. But what about the users? What about the
users? Users get nothing. We grind, we create content, platforms take that content, they take
our data. And what do we get in return we get a
terms of service and you know i forgot password maybe some platforms if you're a really big user
they might give you a little bribe right they call it creator rewards but you don't build usage and
you guys this community you guys are doing great work for X and for Elon, right?
You're bringing people out.
We're having fun.
You should be financially participating in your usage in the platform's growth.
So I believe that fundamentally, right, that we are living in this extractive economy.
The entirety of our economy is focused on return on investment. It's called shareholder
capitalism. What about return on contribution? What would it look like if you had an economy
or a company or a network that was built on ROC, return on contribution? That's what we're
trying to role model here. It's a crazy idea, right? We're really early. We're way
ahead of schedule here. But what we're going to try to do is we're going to try to build companies
in these most extractive industries where we can realign the business model to be contributor-based.
And so our token now starts to fit perfectly. The more you use, the more you earn, right?
So for InventMoney, you'll notice you go in there,
you sign up, you get tokens, you refer users,
you get tokens, you complete missions,
you build wealth, you do competition.
Every action in each of our companies,
we're going to try our best
to make it an opportunity to earn, right?
Earn for your contribution.
And there's so many opportunities
i'm i'm sharing it live on stream right now uh there's the potential to earn 14 529 event
tokens as of right now um and i'm assuming that's going to get more and more oh yeah down the line
as more brands come on more companies companies are made and brought on chain.
That's right. That's right. Yeah. And it'll be, you know, we're literally it's day one.
It's day one. And so, you know, I'm so grateful for you kicking the tires and I can't wait to
hear your feedback on what we can improve. Yeah, I'm still trying to get my fucking
referral link to work because I can't get that to fucking go but uh because i mean i because i i do like it because yeah it's not like a typical like farming type
platform where you go in follow this person follow that person you're getting points here you're
getting actual tokens um and that is what i like but it's goes beyond that. I mean, you're taking the content to a level that might fit some.
It might fit a broad range.
Right here, I'm looking.
It says create a TikTok post, create a YouTube short,
create a post and invent money thread on X.
There's so many different platforms that you can do um you know different things to
earn feature invent money on an x space live like these are different things that you can do
the one biggest one yeah i know a guy who's done that yeah there's one on here that if you can
predict the price of invent 30 days after tgeGE, you submit it, you do all yours.
I was looking at it last night.
You do all this.
You get 5,000 tokens if you get it correctly.
Like, I mean, that's pretty wild.
I don't know how many chances you can submit.
I mean, you can just start running up from fucking a penny all the way up.
So that one's a one time.
Oh, is it?
All right.
Yeah.
Cause I'd be blowing this thing up, but I, but I do like this because there's right now
there's 65 available tasks.
Um, I've completed six and you know, some of the connections are a little, it's like
some of it's not reading things.
I think it's not picking up on my ex, but that could be something to do with x as far as them with their api stuff and their
you know what i mean kind of going after companies right now but yes i really do like this um this
platform because it gives you ways to earn where you're not forced to earn in just a few ways.
This gives you 65 different ways to earn possible tokens.
So good work there.
Yeah, yeah, yeah.
Which is great because, you know, I mean, a lot of CT participants are pretty jaded at this point, right?
But you can branch out some and tap into a new market of viewers.
Yeah, yeah, thanks, guys.
So I have so much to say here.
Number one, we have been overwhelmed by this launch.
So I thought, hey, maybe we'd get 1,000 people
coming through in the first day.
And we set up the missions accordingly, right? Basically,
we're just testing our systems. So you talked about, hey, some things could be improved on
connectivity. Yeah, totally. A lot needs to be improved in here. And we just crossed, I think,
26,000 users. And check this out. We just crossed 165,000 missions completed.
You fucking believe that in one day.
And we haven't even put in, you know, in terms of the missions that we're going to put in it,
those are only first party missions to earn in that for like a small amount of social missions.
We haven't put in the literally hundreds of missions that we're
going to put in around earning cash to play games, download content, clip surveys, complete crypto
quests. We are going to go across the internet and we're going to find and hunt down every opportunity
to earn on the internet. We're going to clean it up. We're going to put it all in one place for our internet earners.
That's the missions product.
And we have people in there and say, they're like really enjoying what
they're doing. And I'm like, man, we're just getting started.
Like, if you like this, if you like this, wait, you know, wait until we just
load this up and it's not just, Hey, come in and earn, invent, right?
That's great.
You should come in and earn events. And I want that. And I want our users to want that. But I also want you to earn
cash. And I want users to be aware of the hundreds of thousands of dollars of opportunities of cash
earnings that are just fragmented and siloed across the internet.
fragmented and siloed across the internet.
Now, you don't have to give me the sauce if you don't want to,
but I do got to ask, when it comes to X specifically
and the tasks or missions rather on X,
I mean, I know there's a, like we just watched
all the InfoFi platforms just get smited into oblivion
by Nikita not that long ago.
I mean, are you guys, have you guys found another clever way
to track people's, what they're doing
with the mission specific to X
other than using the API?
Or is that maybe part of the secret sauce?
That's the hot topic.
You know, I think part of what I want to do
with our community is what I want to do
on X Spaces and is I want to be
outrageously honest
and vulnerable and indirect and authentic i think that's how you build trust right trust is built
over years of honesty and then it's lost in a in a moment um and then there's a handful of things
that it's like oh man can i talk about my seed phrase can i talk about you know um my address
Can I talk about my seed phrase?
Can I talk about my address?
Can I talk about that?
And so, yeah, we have found other ways.
And we want to respect, I deeply respect what X is doing.
I think the decision, it's a fucking hard decision that they're making, but they're
that they're making, but they're trying to clean things up to build a super app of their own.
trying to clean things up to build a super app of their own.
And reducing botted activity or fake activity goes a long way as you're thinking about
combining all of your companies and you're thinking about creating a financial trading,
right? They're going to turn on trading for crypto and for stocks here.
Yeah, I thought we were going to have that pretty soon.
Yeah, I'm happy to say
that we launched invent money before they could launch X money. So that's good. But yeah, look,
man, we did figure that out. And my goal here is not just to be clear is not like, hey, let's build
a new in five platform and just drive a bunch of people to do social missions on next. That is a useful go-to-market and useful
viral hook to get a bunch of people to care about us in the first few weeks and months.
And then you'll see us expand into all of these other third-party missions. But I haven't even
gotten to the best part of all this. The best part of what we're doing isn't that you can earn Invent and that you can earn cash.
It's that half of all of our earnings at the Invention Network, half of everything we earn across every company we build, we return directly to our contributors.
And that's in USD.
That's not points.
That's not Invent not invent token that's right
actual cash money cash money pay your mortgage buy your kids something go for a trip like
this is this is an opportunity i i think uh in crypto right now in this early frost of crypto
winter to find a way to actually return value to token holders, right? So many projects in these
bullshit crypto hype cycles, they just focus on price appreciation. They get smacked in the face.
What you should focus on is income generation for your users, your holders, and not through buybacks,
right? Buybacks are a tool, there's pros and cons of buybacks, but actually driving revenue to your contributors.
This is not about passive ROI.
This is about active ROC, return on contribution.
So the more you use, the more you own.
And the more you own, the more you earn.
That is the flywheel. That's the flywheel here. And it's a crazy thing to share half of your upside
That is the flywheel.
That's the flywheel here.
with your token holders. Some investors and some of my friends think I'm crazy.
They're like, but you could make so much more money personally if you didn't share.
That's not what this is about. What I'm trying to do is build this dense network of people that
are betting on each other, that are helping each other,
that are helping this grow. And I want everybody here to come in, try and vent,
let me know what's working, what's not working, earn some event. And then when we launch
competitions within Invent Money, which is coming soon, you'll all be fired up like co-owners,
like co-founders of this network with me because because you own and vent, to go get your buddies
and your family and your friends, your neighbors to all participate in competitions. And then same
deal, right? We launched lending, we launched wealth products, we launched investment, we launched
earn, we launched vaults, we launched our card, everything that we're going to build on our
roadmap. Now our token holders are aligned because they know that we all make money together.
So that's what I'm fired up about, right?
That's the hook.
So what –
That's an intelligent flywheel, by the way.
I got to say, I do like the sound of that.
Sorry.
No, no, no.
Go ahead.
I've just – I've heard a lot of these like InfoFi platform shills before and the fact that this isn't just just about tweeting just to make the launch itself hype and then no one cares past that it's it's about
participation it's about skin in the game i like all that well the coolest thing i've recently
seen was what bags app is doing i believe they're giving 20 equity in their company if you like
lock up your token for i believe it's like year, but you have the option to then own equity
in the company. So in a sense of, it's kind of a similar thing where you feel like you're actually
getting a piece of the company with you in a sense. It's one of the cooler things that I've
seen recently because typically most flywheels, like we we say just have kind of buybacks and burns but this is kind of um empowering the holder to feel like you're part of
the company as well which is a pretty cool idea i just thought uh but this this idea sounds really
good as well um let's go to brad real quick brad you have a question yeah yeah yeah um gm again
alan yeah we were uh on a space earlier this morning, but a question around the tokenomics, right? Will essentially the profits that you're sharing, right, 50% go back to you know you claim you know we only made 100k you know in fiat and maybe you made 500k actually in fiat you know yeah yeah yeah and then also the
so you know following up to that is like you know will that share go directly to token holders or is
it going to go into a dedicated lp yep yeah good, great questions. I can tell I'm amongst, amongst friends asking
them a good question. So, um, number one, uh, ideally we can move as much on chain as possible,
but in, uh, in the early days, right, we're still getting paid through, right. We still have banks
in the picture. And so you'll, you'll see us just do audits, right? Proof of reserves, proof of revenue, be transparent in public.
Second, my incentive is to have a high value for the Invent token.
So if I were to show that we earned less revenue, that would devalue the project.
And so there's a built-in incentive for me to actually push more than 50
and so you know you didn't hear this from me because our cfo is going to lose his mind
but i think 50 is the floor um and i think we as a we're a small team right we're a small team and
and many of us have done done quite well in in previous careers and and i. And this is not an opportunity for me to do a cash grab.
I've committed to spending the rest of my career here. And so for me, the goal is, hey, how do,
and I said this to our investors, how do I build a $50 billion network? That's the goal that I'm
I'm motivated by. I've done a $5 billion company. I've done a $7 billion company. I'm going to do a 50.
motivated by. I've done a $5 billion company. I've done a $7 billion company. I want to do a 50.
And so my goal is actually to return as much revenue as possible to token holders such that
our multiple, our revenue multiple continues to climb and the value of our network goes up.
Third way to do this, I think, is we can get into some fun ZK, Oracle, cool shit way to prove this on chain.
I think we're a little early for that.
And I think Tether and FTX and a lot of-
Will you just link?
Oh my God.
Did Johnny.
Link Marines everywhere, always.
Yeah, I mean, like, look, we'll, as our users demand more transparency, we'll do it.
And I think we'll probably set some serious bars for transparency.
I'm going to do these quarterly, almost like earnings calls.
We'll share financials, all that fun stuff.
Basically, we just only want to avoid doing anything that puts our employees or our investors or our users
at like physical security risks around like who owns exactly how much and where does that
person live, but everything else, we should be thinking in public, building in public.
And then your follow-up question, oh my goodness, you asked about reserves or what was your...
Yeah, it was just how are you planning on giving that back
to the holders is it direct to token holders or is it a dedicated lb yes uh oh right now it'll just
we'll throw it in a vault and you can come and claim but we are like very open and and we're
actively working through the claiming and the distributions part like probably it'll be like
next week we'll start work working through. And we're going to try to
match up the first distribution with TGE. And that could be sometime this summer. So we have
some time to land the plane on that, but very much open and interested. I've already learned
about the BAGS app already from you guys on this call. And I didn't know about that. And so if people see
creative ways that, uh, token syncs and making sure that users get the upside, like I'm all ears,
my DMS are open. How many, how many, uh, new projects or brands do you anticipate you guys having prior to tg what is your goal
yeah nice question it's like a question my wife asked me she's like so are you gonna
just be working all the fucking time is that the move for a holding company um
so if you had asked me that question so the answer is that it it changes so i'll tell you
what i said to my my pre-seed investors,
tell you what I tell my team, and then where my head is at right now. And they're a little bit
different. So when we raised our pre-seed round in September, October, I said, hey, I want to do
at least one a year. I want to do at least one a year. I build a company or buy a company. And
then I want to make like five investments. I make like five investments a year. That's what I said. And frankly, I was like pulling that number out of
my ass around like, what did I think we could do? What have I done in the past? And then with our
team, what I talk about is falling in love with a customer, serving that customer and falling in
love with their problems. And so we we picked our first one, which is the
internet earner. And I've got to say, guys, the internet earner, and I'm one, all of us are
internet earners. There's 500 million internet earners. And I would define that as people who
make their primary income on the internet. We're getting fucked. We're getting robbed. We're
getting extracted. And there's so much to build
for the internet earner. And so I could build 10 product lines at InventMoney, the same way Robin
Hood, the same way all these other super apps are building for their type of internet earners.
Or I could go and do these adjacent businesses, to your point, create new brands.
and do these adjacent businesses to your point, create new brands.
So where's my head at right now?
My head right now is I think we have a path with Invent Money to 10 million, 50 million users.
And the next few years, I see a path to 100 million ARR business.
I'm just compounding the hell out of Invent Money.
And I want to do that.
I love this user.
And once we get this thing on a flywheel and the network
effects are compounding and I'm less needed, you bet, I'm going to go start the next. I'm going
to go fall in love with another customer that's getting extracted and exploited, where there's
some fucked up exploitative incumbents, and I'm going to take that company down. But it might
take a while. It might take a while. In the background, we're continuing to
invest. So we've invested in since about four or five companies in the last few months. We haven't
released that information publicly. We probably will here pre-TGE. So probably at TGE, what you'll
see is invent money, scale in its face off, a vast given investments we've made, and some revenue.
And then probably later this year, next year,
I started to make some noise about another customer that we're going to serve.
Nice. Josie, you have a, you have a question.
Yeah. I'm here to be the pellet cleanser real quick to be the D gen question.
I want to know what is the most degen coin that you have bought
I want to know how like one of us you are
oh my god
the most degen coin
tell us your favorite racist ticker
no I'm just kidding
why do you have to go there
you bought it up
that's not what I was going for
like there's far coins I'm sure it's not a's not what I was going for.
Like, there's far points.
I'm sure it's not a racist sticker.
I'm just joking.
Just joking.
What year?
Choose between 2016 and 2026.
Because there's hundreds of answers I can tell you. Let's go in the more recent time frames for those that may have only been a participant in the last several years.
Because there's been more runners of late that came off of PumpFun since the PumpFun era.
I'm a big – so I'm a big – I was AI16Z was probably my biggest meme coin trade of that last cycle.
Then I rotated into OR, O-R-E, on Solana. You guys know that one?
Oh, yeah.
Yep. And neither of those are endorsements. Neither of those projects I know. Neither of
those founders I know. This is me on fucking Bunkbot after work when my kid's at swimming and I just am fucking around trading.
And then more recently, Venice.
My friend Eric Borges is running, I think the ticker is BVV.
Love that one.
Love that.
Yeah.
Yeah.
So that is a founder friend of mine, Eric, that I admire and have learned a lot from over the years.
But yeah, look, those are probably the most recent ones.
And I don't, like all of us, I was in the meme coin craze.
But more recently, I mean, any spare moment that I have, I'm now talking to users.
moment that i have i'm now talking to users so the true story is i took bunkbot off or i moved my
funds out of bunkbot probably four months ago five months ago and um i have i haven't this is probably
the longest period of time where i have not been degenerately you know in in in the main point
trenches and trading because i'm consumed by this but i still did
buy bbb so you know that that's the more reason yeah well that's not necessarily as dj and
obviously they're doing some really cool with ai uh privacy as well too i mean like i believe
you can use your own i i don't exactly understand 100 but like it's not open source to where you can
put your stuff your information doesn't you don't have to worry about your information getting hacked or whatever so
uh yeah they've been doing some cool stuff over there we're talking like super dgen you know like
yeah i'm trying to think trying to think on uh um it's been a while i mean i did i really enjoyed
all the country coins uh right the the all the country coins that was a while. I mean, I really enjoyed all the country coins, right?
All the country coins.
That was a while ago.
That was like a year and a half ago.
Yeah, that was, I think that might have been two years ago, right? I think the most interesting thing I ever saw done with meme coins, and it never really took off.
But there was a game you could play where every country had its own LP.
And I believe the LP with the most money in it got to pick another country and get off the map
i don't remember what that was called but god that was a good idea it was on base yeah yeah
it's probably or i think my final answer to your question is probably or that's the most recent i
think most dgen and i've been really really surprised that that did not trade up i mean
it went from what like 10 bucks to like 400 bucks and like a couple days
or some like that it was crazy the price action on that coin was insane yeah yeah and i of course
you know chose not to sell so now i'm still loyal or older so we like community members
yeah you're a community member
you're locked in so you just gotta hope the devs are locked in more than you um that's the problem but you know but that kind of takes you back to the point of like
people are throwing money at all these meme coins just throwing shit at the wall and seeing what
sticks and with you know invention company and now invent money
you are literally putting real brands that are going to be you know backed with real revenue
and then 50 of that real revenue goes back to the people that are supporting and using the products
and building the brand right alongside yeah think of
us as an investment not a trade so yeah think of us think of us as a place where you can go invest
your time as a user to build a bag or you can go invest money and you buy invent and hold and
and you're what you're betting on is you're betting that our flywheel work will turn. You're betting on me as an operator. You're betting that building new business models
that align incentives and extractive industries
is a good investment, but we are not a trade.
We're not gonna have this crazy volatility.
This is not, I mean, yeah, I guess I can't control that,
but it feels unlikely that that's gonna happen
because we're gonna have real revenue and
we're going to have pretty sophisticated investors family offices hedge funds etc that are likely
going to build positions here and and they're not trading this on bonkbot right they're like okay
you know here's their growth rate here's what the tam of invent money could be
here's how to model average revenue per user. I'm not trying to institutionalize or professionalize.
It's just when you have real revenue and real users,
it creates more axes for valuation,
which decreases the insane swings that you'll see.
And so I think you should hold and vent
if you want to be a community member
and locked in for years.
It's like being early at berkshire or early at dinner
um and we compound this thing over time and uh yeah i'll leave it there because i don't want to
do too much price you know yeah yeah yeah i mean it it sounds like you know back in the day young
little alan dreamed of having his own berkshire hathaway. And now you're trying to build that.
I mean, that's what all your life experiences
led to this moment.
And I watched the video.
You said you're literally going to work this
until you die.
And so this is more than a passion project.
You were successful enough in Web 2, as we call it.
By the way, you're too doxed to fake your own death like some of my other founders have in the past.
So that's good news.
I know.
But he does have a three-word name.
So usually you get that shit on Fox News.
on like fox news um you know so uh but either way but what my whole point is you didn't have to do
this you know you were probably successfully financially stable you could have done whatever
in the hell you wanted but you chose to go something after a goal that you know was kind of
a lifelong thing it's like yeah you know and and now you're gonna be it'd be
it'd be dope to look back years down the road and be like we were one of the first bases he had this
is like this is one of the largest holding companies in web 3 uh and web 2 you know in the
world in the world in the world yeah because mean, the possibilities that you have to onboard more people into crypto is actually pretty big.
Because you're using real world brands that we use on a daily basis.
Not just an NFT game you go play every once in a while to get some rewards.
You know, these are going to be institutions that could end up being used every day in our life um you know so
yeah i mean kudos to you for having the you know the guts to to do it and build it and uh start
shipping i like it yeah yeah thanks man i think there's sort of two there's a few forces that i
think pushes founders.
And I would say it's probably a lot of founders in this group.
And you'll probably be nodding your head with some of this.
And I think one thing is we always want to be the best versions of ourself.
And we're profoundly competitive with ourselves.
And to be a founder, you kind of have to have these two things happening at once.
One is what I just said, right? You're like, there's a little bit of self-loathing,
a little bit of self-criticality where you're like, I can do better. I can be better.
And then also you have to have the arrogance, the confidence, the hubris to think like,
I can beat everyone else too. And holding those two things in your mind at the same time,
that's what it means to be a founder.
And I think the best founders, the strongest founders, are the ones where they feel both of those the strongest.
You look at someone like Elon.
You look at how much he must – the confidence that he has to build these businesses.
the confidence that he has, right, to build these businesses, but also probably the self-judgment
and self-criticality and disappointment and anger he has with himself when he makes mistakes.
So when I thought about starting this company and committing to this for the rest of my life,
it's because I see this as a mechanism, as a way to become the best version
of myself. If I can compound in one place with my friends, help users solve these really hard
problems, that is such a gift that I get to do that. And then the second reason I started this
is a more personal and vulnerable, and I'll just share
it with you guys because I'm having fun, and I think you might find it interesting is
about seven months ago, I had a series of personal tragedies hit my friends and family.
So I had some friends diagnosed with brain cancer. I had cancer,
death in the family, traumatic brain injury. Just the fucking world hit me right in the face all in
one week. It was a brutal, brutal week. And you can imagine I was trying to explain to my three
and a half year old about time and death and illness. And the first time i'm i'm 33 years old for the first
time in my life i genuinely confronted mortality and how scarce our time is on this planet and
and i looked at my life that i was leaving was like okay i'm like fucking meme coin bonk bot
trading i'm running eigenlayer i'm i. I'm barely seeing my kids. I'm eating
like shit. I'm not working out. What the fuck am I doing? What if I got brain cancer like one of my
friends? Or what if I fell off my bike and had this traumatic brain injury? What would my wife
say in my eulogy? What would my daughter say in my eulogy? I was pretty unhappy with what I saw.
in my eulogy. I was pretty unhappy with what I saw. And so I actually wrote my own eulogy as if
I lived to the year 2100. What did I do? Why did it matter? Why was it important? And all of that
eulogy, it turned out to be the bones for this business. Yes, it was, like you said, the little
version of Alan growing up to do a conglomerate. That was there. But there was more importantly,
this idea of inspiring other people to be
founders and problem solvers and giving them the resources and the capital and
the access. So I feel so lucky that I get to spend the rest of my life here.
And if, you know, if me putting videos or coming to space that like,
if I can inspire one person to ask that same question, like,
what do I want to spend the rest of my life compounding?
That's a win for me,
right?
I get one person.
That's a win.
I get 10 people.
That's a grand slam.
So just wanted to share some of the personal rationale with you.
Well,
from my side of things,
like I do feel this could end up getting like really,
really big.
The other side that I,
that I like to see.
And I think a lot of people here in Web3 like to see, is founders that show the fuck up and stay consistently active within the community.
Don't forget where you came from.
Don't forget where you were 10 years ago.
Be active.
Come in spaces.
Come shoot the shit.
Come tell Josie her meme coins her ass.
Whatever.
It doesn't matter.
Come trade NFTs with us.
Just be present in the space that you're trying to build in because a lot of founders build in this space, but they're not participants in the space.
They're not in with the community.
They're not vibing.
They're not just being a normal person.
just being a normal person.
And they kind of forget where they came from
in the communities and the people
and the conversations that help them grow.
So my advice to you, if you take it or not,
is stay active within the community
and stay active and be present.
And don't ever be too busy.
I mean, what's 15 minutes out of your day
to just hop in a space and shoot the shit with people
or Discord or wherever it's going to be?
Or even just the quarterly meetings and reports like what you were talking about.
I mean, one of the superpowers that, I mean, look at it.
If there's a shining star in the NFT brands, I think it's kind of obvious right now that it's Pudgy Penguins and everything they're doing.
And I think one of the key things that they do is these inter igloo meetings you see you know every couple of weeks
they do these these inter igloos and you can see it right there on open c it but it it might it
might not be a big uptrend but it creates a pump on the assets across the board every single time
and it's it's just like man, that transparency, that building in public,
exactly the kind of stuff that you were just talking about, it goes a long way. And if you
can keep that energy, that's huge. Cause a lot of founders start out like that. And then, and then,
you know, the switch up is what really kills the vibe because people feel that switch up. So yeah,
man, I mean, just stick to those guns. Cause it sounds like you've already got the right idea.
Hey, thanks for the coaching.
And if I could just double click on this idea of community
and get even more coaching from you or anybody listening
is in the last 24 hours since we launched Invent Money,
I have had probably 100 plus,
but hundreds of people reach out over dms um asking how they can help
how can i help how can i be a community manager how can i be a uh kol collab manager can i be a
creator in your creator program and i'm overwhelmed right like i want to talk i i was up to like 3
a.m last night responding to these messages.
And I'm learning.
And I love it.
And it's talking to real users.
What do I do?
Is this an ambassador program?
What would you recommend?
Assuming that we have, let's call it, more than 100, less than 1,000 people that are fired up about helping tell our story.
And I can't hire them all as employees, right? Yeah, absolutely.
This is what I do because I, and I'm not that I ever hire anybody or not, but you know, I get just, just sorting through followers and who I actually want to engage with. I just go,
anytime someone interacts with me, I go look at their account. I see if they bothered to even pay
for a blue check or not. Uh, just because that's a pretty good threshold.
That's a good base layer filter, right?
And then I'll just go down.
I'll just scroll down their feed a little ways, see if they're just shilling dumb shit platforms that I've never heard of
or if they're actually interacting with communities and things like that that I'm aware of that at least have a real community.
That's like the second layer filter i would put over it and then you know maybe you you will have
eliminated a lot of accounts from there um maybe just turn noties on for a few of those accounts
and just pop in if you if you see them go into a twitter space something like that and then you can
go in i think that the the highest level filter is like, just, you got to hear someone's voice. You got to hear somebody
actually talk here. If they're passionate here, you can tell so much when you get to actually
hear someone with the sound of someone's voice that you can read how genuine or not they are.
And a lot of people are even genuine and, and at no fault of their own, they're just not that
charismatic and, and maybe aren't a good fit for
a community role. But man, if you can just, if you can just get, if you can filter out a lot of
people and then hear the sound of a few people's voices, uh, when it comes to community roles,
you know, find those people that have the charisma and the good intentions and try to
try to target them. That's what I would say. I've been part of these
ambassador programs and I've worked for teams.
I've helped with communities through the
five and a half years I've been here. I've seen so many
different ways that you can onboard
community members but reward them at the same time.
I could talk to you about this for a fucking hour
um and and still could probably keep rambling on and but there's different levels to it there's
different levels of creators and you always see the same names but a lot of those are trusted
some aren't you know i think it's i think it's building a group of ambassadors, community members that you want to reward at a higher level, but on different levels.
But they have to align with the company's values, incentives.
And if they can't get on that same page of what the overall mission is of the company and what the brand statement is, then, you know, and if
they're just there for a paycheck, you'll find that out really quick because then everybody
starts all fired up when you do ambassador programs and things like that. And they're
putting their post out, but then about two weeks in, it starts fading down and their content starts
getting a little bit more sloppy. feels forced like they have to do
it like i love showing up every day i love waking up i love getting up at 5 30 in the morning
putting my gm post out but i like seeing new people and talking to new people and that's the
biggest thing you need with community builders people that aren't afraid to go hop on spaces
promote the brand be a true advocate for the
invention network and everything that the product is is trying to do um probably sounds crazy to
some people too coming from you cheese because i'll say this i i have an irl job like i have to
get up and be at a physical location cheese doesn't he doesn't have to do he doesn't have to be as
dedicated to this shit as he is but when i get up in the mornings and i leave my house i hop in the discord and i
and every morning jesus is in there grinding away already for for no reason other than he loves it
and he's dedicated to this well and also you gotta find people like that i'm also have two daughters
and i gotta try and support i'm not saying that you're without motivation i'm not saying that but
i'm just saying man like there's man, there's levels to this shit.
There is.
There is.
And it's a matter of who's there and who's willing to put in the work.
And that's the thing.
And if you can find five more Allens that are super ambassadors,
and you have that right-hand person that's like, hey, guess what?
I just launched this today or yesterday.
I can't be in the space, but you are the official voice of the community.
You need to go handle these five spaces.
You know what I mean?
And that's the way it goes.
You don't always have to show up yourself, but if you have a strong representative,
because otherwise you're going to
burn yourself out and you may not you may not be like oh geez shut the fuck up you don't know what
you're talking about but i'm telling you you're going to hit a point where it's like all of a
sudden like everything's going to catch up and it's going to hit you like a ton of bricks and
then you're going to end up getting sick and you're going to be like laying in bed and your
three-year-old's going to be smacking you upside the head saying dad get the hell up but you're going to be like laying in bed and your three-year-old's going to be smacking you upside the head saying, dad, get the hell up.
But you're going to be so...
Bro, that guy raised hundreds of millions.
It does not matter.
It's a different animal, man.
I'm telling you.
Just pace yourself and the business is going to build itself.
I promise.
It's going to go.
That's awesome advice.
And it's more than advice.
You're sharing wisdom.
And I've never built ambassador programs.
Our creator program that we launched two weeks ago
is the first time I've ever done something like that.
And we have 200 something creators in our group.
And they're the ones that helped us get 24, 25,000 users in the last day.
And so now I'm all in on like creator programs, ambassadors.
Now I just need to take the next step, which is, you know, um, if you're, do we just grow
the creator program or do we have different levels?
You elevate, you go through that creator program.
There's 200 people.
Some are there just to tweet because they get a little bit of USDC in their wallet.
Some are there just to tweet because they get a little bit of USDC in their wallet.
Some are there for other things.
Some are there trying to build their brand.
And some may want to actually build their brand around Invention Network and represent the brand.
So you got to really evaluate those creators.
And you got to set the bar high.
If you want to be here, you want to be on the team or you want to be whatever,
and you want to make this kind of money,
you got to step your game up, change it from,
you know, there's so many ways you can go about doing that,
that I think you can pick some really good creators.
It doesn't matter if they have a thousand followers
or a hundred thousand followers.
That's all vanity metrics.
It's a matter of how passionate they are.
And you can see it in their content, their writing, their videos, whatever it is.
And those are the people you want to find, the hungry creators.
Those are the ones you want to find.
And those are going to be the ones that are-
Yeah, man.
Yeah, man.
My guess is those people are probably in your community.
I respect the hustle. The fact that you had a thriving community going before the guests showed up and you guys are having fun and there's real wisdom being shared. my DMs are wide open. If anyone here has feedback on the app, if anyone wants to join the creator
program, anyone wants to help me think about the ambassador program, I'd love to hear from you.
We've got a long journey ahead of us at Invent Money and the Invention Network. And I can't
wait to meet all of you and get to know you hopefully over the years. So thanks again for
hosting. Yeah, bro. Yeah. Thank you for coming in. We appreciate it. Yeah, for sure. Come back anytime, man.
We talk about Web3 all the time, but we talk about the creator side of everything too.
Anytime you got, you know, just want to be a part of that conversation or bounce something
off of some.
Yeah.
I mean, look, ping me on Telegram anytime.
I'm making all these friends on Spaces.
My social calendars, like it's filling up.
Like, let's do it.
Like I'm having fun
and learning. Okay guys, I gotta run back
into some more room stuff for the launch
it's so great to meet everyone
Good to meet you man. Yeah, thank you Alan
we appreciate it
I'm surprised that Johnny didn't
throw another Chainlink reference in there
Don't worry
I can smell him cooking water
You would fucking fool me that you're not
paid by chain link you mentioned it 85 times today um that was good it was a good it was a
good conversation uh like old alan there uh i wonder how they're beating the uh doing the api
thing i wasn't gonna grill him too much on that he didn't uh he didn't want to you know reveal very cia didn't want to give up sources and methods or whatever but uh i respect it yeah
well a lot of the when you go in here so like i will share this right here uh to get one dollar
invent some of it's auto verified but some of this stuff you have to go in and manually verify to, to get the tokens on their farming protocol.
So yeah, they do have to be careful as far as that, because if they're scraping API through a bot or an agent or whichever way that it would, will come back to bite them in the ass. So they definitely have to do that. But there's a lot of stuff.
Bro, I'm talking about LinkedIn, fucking Reddit, YouTube, TikTok.
It's on every...
They have shit on every social platform.
Yeah, and I do like that.
I like that they're thinking outside of just the CT bubble.
Because, sad man, so many people in this space are just so jaded.
Yeah.
If it's not incredibly obvious how to
make money immediately, they aren't going to be interested. And if they can make the money,
they're just going to dump it the second that the thing's over anyway. I mean, you're not,
it's very, I would say it's like maximally difficult right now to like find genuine
community members, which isn't a bad thing necessarily. I mean, you know, we're at the,
we're at like the bottom of the cycle vibes i think
right now you know it's not to say that uh ct's cooked forever but it's pretty cooked right now
yeah 100 um all right yeah i ended the live stream uh we're two hours deep do we got anything else
nah i'm fitting to go uh take the dog for a hike and fucking get my shit together
ready to go back to work tomorrow
alright cool Kenny you got anything else
alright cool
alright well good we'll be back
tomorrow
yes we will bye everybody
