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Reality Check 🧀🎙️
Recorded: May 2, 2025 Duration: 2:01:36Space Recording
Short Summary
In a lively discussion, crypto enthusiasts explored the latest trends in the market, highlighting a green day for trading, the launch of new tokens on the Boop platform, and strategic fundraising efforts by projects like Cyrus's coin. The conversation also touched on innovative partnerships and yield opportunities within the ecosystem, showcasing the dynamic nature of the crypto landscape.
Full Transcription
The End Thank you. Oh, it's hot. It's hot. It's hot. It's hot.
It's hot.
It's hot.
It's hot.
It's hot.
It's hot.
It's hot.
It's hot.
It's hot.
It's hot.
It's hot.
It's hot.
It's hot.
It's hot.
It's hot.
It's hot.
It's hot.
It's hot.
It's hot.
It's hot.
It's hot. It's hot. It's hot. It's hot. It's hot. Thunder! Thunder! I was caught in the middle of a railroad track!
Thunder! I'm afraid! And I knew there was no cannonball!
Thunder! I remember Christ! And I thought, what could I do?
Thunder!
I never knew! No, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, We will have the Thunder Reckons!
So good!
Draw me apart!
You've been Thunderstruck!
For the no way,
we'll go here, man! We hit the top!
Went for the Texas!
Yeah, Texas!
And we hit the top for that!
We met some kids!
And that's us who came up this time!
We got no money!
Bite on the floor.
Yeah, I can't.
I'm a good guy.
I'm a good guy.
I'm a good guy.
I was shaking up a little.
Excuse me.
Could I kill me again, please?
I'm a good guy.
I'm a good guy.
You better. Find us good. Find us good. I can't replace this much of traffic! Beer!
FUNDER SCREED!
FUNDER SCREED!
Yeah, yeah, yeah, FUNDER SCREED!
FUNDER SCREED!
Yeah.
Beer.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah. Yeah. E aí
E aí
E aí
E aí
E aí Yeah. Yeah. Yeah. Yeah. Yeah.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah. Yeah. Yeah. Yeah. Yeah. I am saying yeah, it's our name. We're giving fun.
Yeah, it's our name.
We're giving fun.
We're going to understand.
Yeah, yeah, yeah, I understand.
I understand.
I understand.
What?
I'm going to understand. Oh Yo Jim Jim Jim Yo, GM, GM, GM.
GM, Kenny, what's cracking, bro?
Good morning.
Morning.
How you doing?
Yeah, it's a green day.
Another green day.'s a green day another green day um markets are fucking green a day bro
yeah markets are markets are cooking right now um yeah we got a lot to cover uh a lot of exciting
shit happening uh i do see gauze down there at the bottom want to congratulate him on did you see him hit the creep on the ten dollar box no you didn't say it on a ten dollar box yeah i put a uh
yeah i put i know i can't get that lucky i put a uh tweet at the um let's fucking go
yeah i know it's pretty good yeah i put it i put his tweet at the top so bro what the fuck yeah ten dollars
um it's like fuck um yeah pretty pretty wild shit um that's that's pretty fucking awesome
and not only do you get you get all the rewards and benefits of the creep you know i mean that is a fucking hit bro
yeah god damn it bro that's fucking awesome i haven't hit shit on a ten dollar box personally
no bro i'm like i'm struggling on it which i have not put any like large amount of money into it but like my inventory is absolute ass uh oh look you there i got two dollars yeah
yeah i have like nothing yeah i know when dollar box i need 50 i need 50 cents
let me get that 50 cent um that's it yeah that's what I need. But, um, yeah, um, nowhere near some of the other numbers that these other guys are at.
Um, as far as having like DMT like that, that's the, um, that's the, that's the motherfucker
there.
Uh, uh, hold on.
I should be live uh flynn said no live stream yet but i am live on abstract
uh kyle unfortunately he's at work uh gm gm gm it's all right it's all right sir um
yeah i'm at work kenny powders i'm not not in somebody's daughter's mouth right now
Just fucking
Damn
Damn
I want to hear you complaining about your
Bitch, I got one
And I mean one solitary
Small DMT vial
In my inventory, brother
So it could be worse
Yeah, it definitely Can be What i've got what do i have
10 mystery flask uh 10 dark web shipments five alien crates and 18 miniature vials
god damn bro how much you've been spending i haven't spun much i did the last time i did was the other day uh kenny was that
friday when i put like 20 bucks in to test out the five dollar box or some shit like that five
dollar box hasn't been around for more than a couple days yeah no it was last i think it was
i thought it was last week i tested something about two days ago maybe three yeah it was the
day you weren't here was the last time i played i think
that was friday of last week okay um friday or thursday one of those days so um yeah but anyways
uh other than that we we move on um yeah uh kenny i want to jump back in real quick to the Boop shit.
We're, you know, day two, pretty much like 25 hours in on this platform.
And some runners definitely. What's been the biggest runner from the Boop platform?
Is there a clear winner at this moment?
Yeah.
As of right now, the clear one is the Sir Peter's coin.
Oh, yeah. Yeah, because the market needed the Sir Peter's coin. Oh, yeah.
Yeah, because the market needed another Sir Peter's coin.
Yeah.
For sure.
Which this one is Bopa.
And, I mean, bro, the IP is good.
What?
I feel the same, Kenny.
Dude.
Okay.
It doesn't matter.
Here's my problem with web 3 the same motherfuckers
run the same fucking coin scams and they fucking do the they run the same fucking playbook
yeah because the market the market wants to feel communities bro yeah dude but that's because the
market is like oh this guy's already
sent a coin he can do it again the market would rather gamble on someone that they've seen perform
even though they know that at some point this guy's gonna yank the rug yeah they would rather
do that than buy into a coin that just doesn't go anywhere to begin with you know what i mean
just blows my mind honestly it honestly blows my
mind you know i i just you know whatever i mean more power to you then if you're a sheep be a
sheep you know what i'm saying hey what happened to your coin kp didn't you did you you lost one
yesterday no no i i decided not to oh okay yeah i made uh i made 21 cents on my LP rewards on my coin.
Nice.
Crushing.
Yeah, crushing it.
I'm 0% graduation status.
I need 86.86 soul.
So the biggest winner of them all was Cyrus yesterday.
When Cyrus launched his coin, so he launches the coin he puts out the tweet
i'm not touching this shit i'm not doing anything and when he launched so he launches the coin
but then he buys up like a large portion of the supply and then he burned it yeah no well you you
have the option upon creation to buy one%, 5%, 10%, or 50%.
Yeah, and he bought 50% and then he burned it.
To instantly shoot the market cap up.
Yeah, exactly.
And it automatically hit all the targets and it qualified him to be able to claim his airdrop,
which was like 700,000 BUP yeah but but again you know we talked about
yesterday he his coins did not get unlocked i could have sworn he put a tweet out saying it did
i don't think it did hold on let me double check pretty sure his initial... So it seemed like tier one had less requirements
to be able to unlock their token.
Then tier two had a little bit higher,
and then it kept going up and up and up.
Like, for me to unlock my airdrop is 20 mil.
100%.
Pretty sure it didn't.
Then Dingling must have taken care of him in the background,
because otherwise Cyrus probably would have shit on it.
You know.
Because regardless, he hit the guy... He hit what the fuck was said.
What was his tweet 21 hours ago?
You honor in my defense, I was simply being the guinea pig.
Yeah, so see, it changed.
He's put no sweets out
since that in the past 21 hours.
Yeah, but that's what I'm saying.
Don't you think if he made a million dollars on a coin, he'd be
tweeting about it and farming it?
Engagement. He didn't make a million dollars.
The $931,000
was the 50% of the supply, and he burned it off.
You said he had 700,000 tokens that would have been unlocked at 40 cents.
That's actually $2.8 million.
All right, so listen.
Kenny.
I'm telling you what the math.
No, you're misunderstanding me.
He had 700,000 boop claimable for his airdrop yeah which at the time was worth
204 000 no 700 000 times 40 cents what are you talking about what's 40 cents you're getting
confused jory yeah you're right all right so this is for the boop not his token all right so in order
for him to do that he had to put his tweet he had
to put his uh his token out there so he did do that he created his token his initial unlock uh
requirements he put it in a post but then the team changed his requirements to the same thing
as mine are which was five mil 10 mil 20 mil market cap exactly to
get all the unlocks but his initial unlock schedule was like 250k one mil or like 500k
one mil and then five mil but then he went back and checked his thing and he even said it right
here he said now it's showing this of course Because they changed it on him after he hit.
Dude, because they realized all anyone had to do was buy 50% of their supply.
And burn it.
Okay, well, guess what?
You should still unlock the guy's fucking allocation.
He figured out a bug for you.
Cyrus is not the type of guy that's gonna just cheat his
whole allocation anyways so why not just give it to him and honor the the unlock because if they
did it for him and then yeah but people did it after him and they said no to them do you understand
the drama that i understand but he did it you update all the people's unlock shit to be the same up to the 20 mil.
Then at that point, everything's fixed.
So nobody else is honored.
But the thing is, in 10, 20 days,
if you think the value of this coin is going to be 40 cents...
Bro, if there's runners over here and people are making money, why not?
Because the amount of supply that was bundled amongst the team,
the angel investors, like the amount of supply,
they're all going to slowly sell off leading into the unlocks
for anybody who created a coin maybe maybe i don't
know i mean i don't think dingaling created this just for it to last for 30 days i think it's
pretty i think it's pretty good yeah but i also don't think dingaling was planning on paying
25 people 300 000 then why would you put the airdrop mechanics out there if you weren't
prepared for that? That's how you build the hype about it. Think about how many KOLs on the timeline
yesterday or big accounts talked about Boop and created a coin. It's about Mindshare, right? We
talk about this all the time. How do you move a product? How do you gain notoriety by getting
Mindshare on the timeline.
They've done a great job of it.
Every fucking big account in crypto
has been talking about Boop.
Yeah, but I do think these people are going to,
I think the people that are staking this coin
are going to get, they're getting paid, bro.
They've already paid $266,000 in fees.
It's too early.
Yeah, but that's day one because they told everybody,
if you create a free coin, you're going to get an airdrop.
You know what I'm saying?
I understand that.
That's the reason why.
It's day one metrics.
You can't really judge it.
I would love to see how much of this supply is state
because there's only been 212 graduated tokens,
and I think this just keeps getting bigger and bigger.
I disagree with you.
Yeah, 212, but think about how many people created coins.
Like if we can get that number, it's in the thousands.
Yeah, and that's fine.
But how many of those people actually qualified for the airdrop?
We did this yesterday and the whole stage was full
and only two people up here had a airdrop.
I did, you did.
How much? I thought you said you didn't.
How much did you actually have?
When I first checked, I didn't.
And then I checked a second time. It was $2,000.
Pete got some. You got some. I don't know who else.
And I think that was it then. Nobody else was eligible for it.
I didn't even check. Luke, what's the name of your ticker?
Yeah, I just, I disagree. I think Dingling and them are going what's the name of your ticker? Yeah, I just
disagree. I think Dingling
and them are going to push the fuck out of this,
and a lot of people are on this platform
and using it. Well, here's the thing.
Why can nothing compete against PumpFun?
No, I'm not saying nothing can compete
against PumpFun. What I'm saying is
there's been three launchpads that
are incentivizing
and rewarding their users over the past month.
Boop, Launch Labs, and Bonk.Fun, or whatever it is.
All three of those are incentivizing and kicking back, right?
Okay.
So this is just another one in the mix.
Like, there's so many launch pads at this point.
Everybody's trying to do a launch pad and incentivize people, you know, know that it's fractionalized just like meme coins are fractionalized you have a certain people using
this platform a certain number of people using this platform will it gain and it's hard to say
because it's day one metrics over the next month two months three months let's see how much they
generate in revenue let's see how many coins graduate on their platform initially day one
people are incentivized to launch a coin
because you're going to get a free airdrop, right?
But you're still incentivized to launch a coin.
If you're a guy on PumpFun and some of these groups are doing it
and they're launching 100 coins and 50 of them plus are graduating a day,
every time a token of theirs graduates,
they get a percentage back of all of that.
I understand the mechanics of it.
I'm not saying the mechanics of it.
I think it's going to get pretty out of control.
These numbers on the chart right now, in my opinion, are artificial.
You know, they're artificial.
On what chart?
On boot.
It's just chopping sideways. What do you mean it's artificial? It's chart on boot it's just chopping sideways what do you mean
it's artificial 350 mil bro 362 mil i'm looking at exactly how does a coin you know that literally
has no metrics to it yet on day one launch and it's over 400 mil on day one because a lot of
people are staking the coin there's no self there's not a lot of cell are staking the coin. There's not a lot of sell pressure. You just said 20 coins graduated?
No, 213 coins
graduated in 24
hours.
How many? I don't fucking know.
I haven't seen that stat. They haven't put it out there.
Too early to determine.
People are making money, though.
The people that are staking
are earning. They're giving out a million
boop every day is what they're giving out.
So, and that's going back to the stakers of the coin.
So you're making a pretty good amount of money.
Again, it's contingent on volume and how much, you know,
how many coins are being traded on the platform.
So it's too early to say.
I think the mechanics are good i think it
could do well i personally don't think it will you know what i'm saying but you can never say
never in crypto so we'll see it's too early to tell on here it shows uh 1 million boob coin 30 graduated Colts set to receive $33,333,333 Boop,
which is $12,000 each is the rewards for those 30 graduated Colts.
So I don't know.
I think that was, I don't know what day one was.
I think it was like two, maybe, well, if there's 213 total graduated,
so like maybe 180 coins yesterday split it.
So it's split every 24 hours.
So either way, it'll be interesting.
People are making fucking money and we need to figure out a way to make money on it.
I mean, it's only day two.
And unless we launch a coin that actually
runs or graduates you just gotta wait 30 days to do it or or you buy the token and you stake it
it's either one yeah again why don't we buck the trend let's launch an ethereum
shit coin again here here's the problem here here's my problem you go look at something tell us your problem okay just as an
example how's going 90 million dollars oh my god why is this going back to house coin let me finish
what i'm saying how's fucking like ansom's little brother what go 90 90 million dollar market cap 2.3 million dollars in liquidity
boop
362 million dollar market cap
2.3 million dollars in liquidity
they have the same fucking amount of liquidity
yet one is
four times the market cap value
explain that to me
I don't know
I think house coin
I agree with some of these other people that Housecoin is a forced narrative.
Do you understand what I'm saying?
The top wallet value is $43.1 million.
The amount of liquidity is $2.3 million.
The second largest wallet value is $35.8 million.
There's $2.3 million of liquidity.
The third one, $35.8 million. There's $2.3 million of liquidity. The third one, $35 million. The fourth one,
$15 million, $14 million, $10 million, $6 million. There's no liquidity in this coin. None of these
people can cash out money. Kenny. All right. So I want to get to some, a little bit of breaking
news. Thanks guys for dropping that in there. Go to the playground and you're going to
see a
new box lit up there for
free spins for Creeps.
Creeps holders can open
boxes. Creeps holders
can open boxes
for free weekly
once their NFT
ownership is verified.
Unfortunately, I have done in this wallet,
but Creeps, NFTs,
so it'll show it on the bottom left-hand side,
but it's at the very top left.
I don't see any particular boxes
unless the dollar value is going to turn with the sp so a 472 box like how much sp would
that cost you bro like 10 000 sp like you're gonna need more creeps bottom line if you want
to spend a higher value box i think you're going to need more creeps
so you get more sp unless you can continue to generate
i haven't looked at this yet but it sounds like we still don't know if the sp
if you just run through your sp or if it regenerates right or if they're gonna create a new casino spin tab for creeps holders only no it
says right it says on it creeps holders open boxes for free weekly once they need to reword that yeah
what up boys how's it going good morning i was just on the website right now and if you look on
the top right corner the hamburger thing there's a thing right there that says um nfts connected and then it says free spins on it yeah but yeah and that's what we're talking about uh but it says
it says that they're free weekly creeps and on my screen in that box there's the number four yeah
what does that mean i don't know creeps holders open boxes for free once their NFT ownership is verified.
I'm assuming my ownership's verified
because it has the number four there,
and I did link my wallet to this initially.
But what does that mean?
The question is,
do they create, that's what I'm saying,
do they create a new spin tab
for Creeps holders only?
Yeah, it'd be like a Creeps box.
I don't think i don't think
these free spins are going to allow you to spend the 472 dollar box it's probably going to go to
your uh inventory now it also has a little thing that says creeps nft so underneath the account
not like where the inventory is but underneath the account on the same screen it says creeps NFT NFT's found free spins unlocked, check
so I think I have four free spins
I guess, but of what?
is it one free spin per creep?
yeah, we don't know
I don't know
we don't know what it is
I mean, there's all of the boxes
still just have dollar values.
Right.
I think they're going to create...
First of all, this isn't live.
It's just a tab.
So you can't actually...
No, no, no.
Yeah, exactly.
It's definitely not live yet, or we would have got a tweet about it, too.
Right.
I think just how we have Loose Change, Venom Vial, and Jack DMT, we'll have one that is creeps.
Or why not open for $10 or 1,000 SP?
Or why not open for...
It's not showing anything about SP.
It's showing about your creeps.
It's not differentiating a purple from a green
because it's just based on the number of NFTs you have.
Yeah.
So once again, we got wronged on the SP thing, but whatever.
No, we don't know.
It's still too early.
What's cool, though, what's great to see is the fact that they implemented this button to where eventually, at some point here, we're going to get free spins.
The fact that it's there today makes me feel like we are going to see this spins. So that's pretty cool. The fact that it's there today
makes me feel like we are going to see this thing.
Yeah, that they're coming today.
Yeah.
You're welcome.
It's not what happened if I hadn't trolled Joe this morning.
I'm going to take full credit for this.
Full credit.
Just like Gaz said, he said, I have 12 creeps.
So I think it's one spin per week per creep.
Yeah.
So you can spin them.
But.
Yeah, that makes sense.
But like what box? So we gotta wait
to see what box. I think the next
Creeps tweet will be the new
Yeah, the new box.
Yeah, the new spin,
which will be Creeps only.
So, what the fuck
was the point of all the highlighted SP
stuff, though? I don't know.
I'm not behind that that's not involved somehow.
It's gonna be something that we don't
see yet uh you get sp from creeps so by owning creeps you get different sp depending on what
creep you have so the fact that it's just registering that i have four creeps and it's
just put the number four there and it's saying you know free spins per week i I don't know. It was probably easier from a
development standpoint that
to just give it
per creep rather than doing SP.
Yeah, I think it was also a play on
the word spin, you know,
because SP is in there.
No, fuck no.
No way.
Didn't you just have your community talking
about SP for fucking two weeks straight?
Well, you have SP because of your creeps.
Yeah, I don't know.
That's misleading is what it is in my mind.
So I think it's just, I think Gaz is right.
I mean, everybody's right.
It's going to be per creep, per, you know, per spin.
And then every week you'll get to
re-spend that.
You'll get to re-spend that box.
So if you got 100 creeps, you get 100 spins a week.
Pretty cool.
Now,
do they have
what I'm curious?
Delegation?
Yeah, that's what I'm looking for.
Let's see.
Danny's got 600 spins a week bro
fuck i know question boys do you think that you'd be able to
like put your creeps together so for instance so the people that have like
40 they put 10 together and then put like a 10 spin or something like that
do you think they'll do that what do you mean so like for instance like you
know like i have four i have three creeps so then i have three spins you know what i mean but like for instance, like, you know, like, I have four, I have three creeps, so then I have three spins.
You know what I mean?
But, like, you got, I don't know, let's say 10 or, you know what I mean, Kyle's got 10.
Instead of doing one individual spin for each one, they, like, they do, like, that 10 bonus spin.
Does that make sense what I'm saying?
Like, you know, while you do the slots and you're like, oh, you have 10 slots, you can automatically just spin that 110 instead of doing one individual one?
Well, I think people would want to spin them individually okay i don't think people would want to like are you saying like i got 10 creeps on one spin look if i can spin if i exactly my spins to spin the next higher up box
i would do that exactly that's what i'm saying like you got like 10 creeps so then you're like
okay and in order for you to be able to spin this box you have to have 10 creeps, so then you're like, okay. In order for you to be able to spin this box,
you have to have 10 creeps in your wallet to spin it.
Does that make sense?
But then that just dilutes that one spin that you're going to use individual. You know what I'm saying?
Like Kyle said, you'd be able to use all your creeps for one spin.
I think we're going to have a separate creeps box to spin.
I think there's going to be creeps in there as well.
Yeah, so do I. I think there's going to be creeps in there as well yeah so do i i think
there's gonna be a lot of dmt some some some eath prizes and then and then a creep yeah you know
like usdt shit and then uh a creep yeah yeah um it's gonna be in i'm curious because yeah there's
not i logged out to log back in to see
if there's a wallet delegation i don't see that and i know some creeps were asking about it
well yeah i mean on top of it you have you know certain accounts certain holders that have you
know nfts and three or four different wallets so uh will they allow you to consolidate into one
wallet like by delegation or are you
gonna have to log in on four different wallets to get your free spins that's the question yeah i
don't know i don't know the question is if i unstake my four if i do my four spins and then
unstake my creeps and then stake them again do i get four more if i move them to another wallet
i'm not gonna run that experiment because i'm worried i'm gonna nuke some staking streak that probably doesn't do anything either but that uh you're trying to see you thinking big
brain bro that's like some cyrus thinking there to try and run the uh to game the system yeah no
i'm pretty sure i'm pretty sure it'll get in my opinion it'll probably be registered to the nft
number right yeah the id number yeah once it's
spun once a week that number comes off the board so what happens if somebody sells it yeah what
happens if they're not gonna creep and somebody buys it they gotta wait till next week yep
yeah i guess yeah i'm gonna be honest with you kp i i think that would make perfect sense
i wonder if they've put that much effort into the behind the scenes coding of this website
the question is did they think like a somebody trying to game the system do they think like a
dj or do they think like a just a founder that's rewarding their community. Yeah.
So, yeah, it's going to be interesting.
I guess now we just wait and see what the actual tweet says
and when this portion goes live.
I got to say, I am pleasantly surprised.
I was a doubter.
I didn't think we were going to get them this week.
Now, granted, we still haven't got them, but the tab is up there.
So I'm super excited to see what we have the potential to win in this, you know, creep spin.
I think half the community was.
I put a four-hour poll out, Kenny, and it's 51% no, 48% yes.
Yeah.
So, you know, it was kind of a 50-50.
It was more so like 70% no.
But I wonder how many of those votes came in the last few minutes.
Yeah.
And look, I mean, look, this gives us something to rally behind
and something to show on the timeline.
Not only, you know, like obviously people putting money in and winning stuff
is cool, but when you're winning shit for free, you know,
that's going to make people say,
well, shit, maybe I should buy a creep.
I think it'll be good
for marketing on the timeline.
I'll tell you what, though.
If I only get four spins per week,
it better not be no goddamn $4 box.
I'll tell you that, bud.
See, that's going to be the next bitch.
It's like you get something for free
and now you're bitching about what you get?
Right.
Get out of here.
Jesus.
Oh, my God.
Carlo, what's up, bro?
How you doing?
Nothing.
I'm just getting FOMO about all these free spin talk.
Let's go.
I like spinning wheels, man.
Fuck yeah.
I like spinning wheels.
Yeah, so the Playgrounds Live, it's a...
Boy, do I have a link for you.
Hold on, actually.
I'm gatekeeping. No, I've already seen it. I've already seen it. Oh, do I have a link for you. Hold on. Actually, I'm gatekeeping.
No, I've already seen it.
I've already seen it.
Oh, have you?
I've already seen it.
I already threw $100 at it.
Oh, did you really?
Okay.
Did you win some DMT or anything like that?
What was your strategy, Carlo?
For the $100, what boxes did you go for?
I went for the $10 boxes.
I spent it like 10 times.
Yeah.
Nice.
Yeah, there was a creep soldier.
It won a creep this it won a uh a creep
this morning on the 10 dollar box let me know if he wants to let me know if he wants to offload it
to me yeah i need a creep i don't have one let's go yeah trying to find one yeah uh yeah we need
to find you a good trait um uh get you in uh yeah i don. It's going to be interesting to see how they do the free spins.
I really hope they have the wallet delegation.
One, for my own greedy reason,
but two, because I do
know of a few creeps that don't
want to touch it without that wallet
delegation there. What's your greedy reason?
What do you mean?
Just for ways that I'm going to make
money on the back end of trying to do this.
What's the hustle, bro?
What's the hustle?
What's the hustle?
Well, the hustle is I'm going to be spending,
like doing spins for people in the ecosystem.
Oh, I know what you're talking about.
Yeah.
Okay, yep, yep, yep.
So, yeah.
But we just got to see if they have it there so we'll see what happens um yeah can you
can you talk me through like all the like what all those little prizes are like the ones that are not
obviously so dmt is a i don't know if we want to call it i mean no it's not i mean i want to call
it i think i think it's not a mean coin anymore I think it's not a meme coin anymore.
It's the token of a 404 that is going to be another collection called Interdimensional Lizards.
We've been kind of toying around with the IP of Interdimensional Lizards for a long time.
And it seems like they're finally getting ready to bring them to life in the form of a 404.
getting ready to bring them to life in the form of a 404 so dmt will be the token um i don't know
So DMT will be the token.
what the threshold is of how much dmt you're going to need to to create a interdimensional lizard but
they have implied in one of the tweets that perhaps reaching that threshold and then packing
even more in there might increase the rarity which is interesting i don't know if i've seen a 404
where instead of like meeting the minimum requirement to have an nft and then doing
it again to have another nft i don't know if i've seen them just where you can just like
stack well look at all in the one nft to make it even more rare am i wrong about that kp you're a
little more 404 yeah no i mean knowledgeable to. Well, typically the NFT side of it will be pegged to the actual chart number.
So, yeah, I don't, I can't quite.
I mean, but.
Because usually you got to have like a million token to hold the NFT.
If you sell under that.
And if you sell one, you lose the NFT.
Right.
You know.
So I'm curious.
Maybe there will be tiered like million to get the level, you know um so i'm curious maybe there will be tiered like million to get the level you know
the base entry level nft to um two million to get like a upgraded version you know we'll see
the actual also how are they going to incentivize you to want an upgraded version right like because
it's pegged to the chart so its price will be higher yeah i put a thread up there of what they released uh carlo so far about dmt um so it
kind of breaks it down right now like this is one of the things that i that i hate like that brands
do while it's fun to speculate uh too much speculation can you know it's a it's a motherfucker
because you just sit here and
you come up with all these wonderful theories and then you don't usually get them right so um
yeah if you let your community speculate for too long they'll come up with better ideas than you
did and then they'll be disappointed when your shit shows up that's true yeah i was just trying
to figure out like what the difference between like a dark web shipment is and an alien crate yeah so so the assumption is you know certain ones will
have a higher allocation of dmt so like look at them by rarity so like each one of them has a name
but they also have a rarity so the like most rare one will be the biggest airdrop versus like the
like the celestial art.
Yeah.
Yeah.
Exactly.
Yeah.
Yeah.
I asked someone on the team yesterday about this and got a response back
that the team is tracking spins by spend.
So I would, that assumption is that the allocations are larger.
So when you're getting the...
Celestial on the $472 box, it's not the same as...
It's not the same as a $4 box.
Yeah, because it wouldn't be fair.
Otherwise, you just sit there and load up on $4 boxes
and just fucking spend all day long.
The thing about all of those is that there's no percentage of likely it. So all the DMT, uh, prizes, they don't have the percentage chance
to win unlike all the other prizes. Right. So like a creep is still a creep, no matter which
box it's in, there's just way less of a chance of winning one in the lower tier box. The percentage
chance is way lower. I mean, you know, either thing could
be true, I think. Yeah, yeah, yeah.
Yeah, because when you go up, you have a 1%
chance in the $472 box.
But when they had the $1,000 box,
that's when Homeboy hit, too.
So you're telling me
to sell a little pudgy
and drop
Ethan and a half on boxes?
No, shit.
I'll just go buy you a creep at that point.
How many little pudgies do you have?
A couple. Oh, yeah.
You should just do that and then go.
I would keep the little pudgies
if I were you. I wouldn't. Yeah, I
would keep the little pudgies personally just
in case there is an allocation
of abstracts for a little pudgie.
Similarly, there definitely will be
yeah hold on now kp i'll let machiavelli make that judgment call but i don't see you selling
a creep to go buy two little puggies right now there brother no i i believe in greeks i you know
this guy carlo i was just poking i was just poking the bear uh yeah well i'm gonna give you
yeah i want to give you some context behind kenny
because he's the most bearish person on abstract right now i'm not true uh it's like it i'm like
because we pivoted he said abstract's a rug you guys were all wasting your time
yeah we pivoted a lot of the content here about abstract and, uh, and, uh, yeah, he gets,
he gets pretty frustrated at times.
Uh, they're streaming Kenny.
Yeah.
I ain't going to do that, man.
I'm told for that shit, bro.
Yeah.
You can do it, man.
Just, just put your creeps up there.
No, I'll be happy to show off my mug.
I'm a handsome motherfucker, bro.
But my point is I just don't have bragging about But my point is, I just don't have the energy
the desire to do it personally.
Kenny, when are you going to get a bearish?
Yeah, I'll buy one.
Do what?
Yeah, I'll buy one.
Do it right now.
We're going to get another
Sugartown moment. We bullied his ass
into getting a Sugartown.
Well, maybe maybe we'll see
uh carla what's what's what's going on with bearish uh because bearish is correct me if i'm wrong this
is a 404 project right what's the it is yep yeah yeah what's the thoughts on like uh you know token
or ecosystem or is there anything you can tell us while you're up there about bearish yeah for sure
i mean like so i was i was listening to you talking about the dmt stuff and it's really interesting
to me because uh you know obviously mathematically you've got to have a certain number of tokens
uh that represents each nft so i think they could do it i think they could do it based on rarity if
they do a tier system yeah but you know i think that could work um as long as the math works out right so that
there's always a certain allocation for of token to nft um you can definitely tear it uh you know
but what bearish is i mean we didn't do any tiering system it's basically um each bearish nft
represents 10 000 and one burr token um so right now we're only displaying the nft side of things
token. So right now we're only displaying the NFT side of things. Fractionalization will be enabled,
which means you can basically show the token side and trade the token if you want. That will
be enabled sometime between now and January. We have a quarter in mind for us of when we're going
to do it. And we've got a lot of interest and support
from the abstract ecosystem on that as well. But we're kind of really just building up the
community first, right? I mean, I think one of the most important things about tokens and meme tokens
or 404s or anything is like having a very strong community foundationally. So we've been doing that, um, exclusively through, um, obviously we've been doing the,
the hackathons, right.
Where we're enabling our community to vibe code and build games and apps.
And we just finished up the, the grind hackathon recently, which is a new meme coin that's
going to be launching on abstract from the plague ecosystem.
And so we got 1% of the supply to give to um builders
and to people who participated in the hackathon and streamers and uh we also got another one
percent of the supply that's just going to be going to bearish holders so people who just have
bears and then build so you know getting two percent of supply of a you know relatively um
you know going to be a fresh meme token on Abstract, I think, is good for the community.
But yeah, just kind of trying to find ways to reward them through that.
We've got probably, I think, maybe three more hackathons in the pipeline with other sponsored sprints.
We'll be doing a Pengu one, so people will be able to win Pengu from building stuff.
from building stuff. Um, and the goal is really right. You know, let's empower, let's, let's try
And the goal is really, right, let's empower.
to build a new community of, of the next generation of devs or vibe coders or whatever, and release
some apps and games and experiences through these hackathons that create, you know, syncs, token
syncs for all these meme tokens and things that these, these companies, what we're working with.
Right. So, you know, hopefully it kind of funnels into each other in a really interesting
way kind of creates a nice little cycle um and it's it's been it's been cool because one of the
vibe coders um never built anything before uh just got a offer from another another project to
basically white label something they built in the last hackathon so hopefully it creates revenue
streams for for these for for the community members as well that participate and kind of you know learn along with the other
members of the community now carlo y'all did also sponsor the brackets right the tournament brackets
oh for the march madness yeah yeah we we built a we built a bracket system yeah on chain I came in second And one of the .0025 ones
Yeah, it was 0025
I came in second, bro
I won like almost .3 of an ETH
Off of that
I fucking loved that, bro
I was in multiple brackets
Which was really cool
I mean, you guys seem to be
One of the stronger communities on Abstract. I know
Kyle and Cheese, fucking these guys in the back channels, like, holy shit,
bears are blowing up, you know, when they bought their NFTs, talking about how much community
engagement there was on the timeline from the community itself. So it seems like you guys are
building a pretty strong ecosystem over there in community. Yeah, I mean, I think it's one of the most important parts of projects, right?
We've been in the space for, you know, four years.
And, you know, we know how strong, I mean, we know how important it is to have a strong community and one that is active on the timeline.
And we're on a new chain, right?
We're on a new chain.
It's three months old, but, um, you know, if we can, if we can kind of just hold our own and, and, you know, potentially be one of the louder voices on, on this chain, I think we'll, we'll do,
we'll do fine in the long run. You know, we've got, we've got Lucas backing. We, we meet with
him every week. Um, he's one of our advisors and, um, you know, he's given us a lot of advice on
what to do and, you know, how do we continue to grow? And, you know, he he's he's waiting for the right moment um to uh you know to do some
stuff but um but yeah i mean the brackets were were fun that was like something that scotty
wanted to build for a while to have like march madness brackets on chain i think we i think we
minted like over 49 000 brackets on chain um which is crazy and 36 hours, because we launched it like a few days before they had to lock up the
bracket.
So yeah,
36 hours,
49,000 brackets on chain.
And I think it was maybe 10,000 unique wallets,
something like that.
It was about four or five each.
I fucking loved it,
bro.
I looked at it every day during the tournament calculating.
All right,
I can end up here.
I ended up in second.
I did mine so last
minute and i was just picking live live live like right here on the space and then just sent it in
and then i go back and look and i can't even remember i had some dumbass team winning it all
when i thought i had like one of the other teams that still didn't win uh winning it but the
hackathon was fun as shit the games were fun um it was really cool like
being able to put a voice to something before it's like a finished product uh that was that
was really cool um not sure how much weight the streamers um you know feedback gave to your guys
decisions about 50 was it okay yeah i've seen the track one and track two what was
the difference there is that the allocation of token to the different simply allocation of token
it was like 30 or 333 million to track one 222 million to track two a little bit over that and
then like we had a bounty for like another 111 million and then we got 100 million for streamers
so you'll be getting a little bit of grind for for taking part of that yeah we appreciate that we wanted to we wanted to
democratize as much as possible without doing like a popularity vote but like having some
just different voices and people test out the things and give feedback and then obviously
you know give your your voting on it yeah but yeah we basically weighted it to 50 streamers
25 or actually probably closer to like
20% to the bearish team, and then
another 30% to the grind team.
Two of my favorite made the track
one, the grind the beans, thought
it was really cool, and
grind Cafe Mayhem.
That one was probably
the funnest one.
But I could never get to level 3
on that.
I never did. This's a good game you don't you don't need a level four if you can't get to level three i know no shit but it was
it was definitely good and i think the builder of that uh i don't know if that was that lady but
she was in every fucking stream no matter what i i mean she must have been doing some booger sugar or something because this lady did not sleep
for days and she was everywhere man uh so oh yeah it was vanna that's who it was yeah vanna 3000 yeah
she uh she was uh she was everywhere so yeah good good for her and the team there and carlo
the fact that y'all were doing a 404 i'm super bullish on 404s um these guys used to cap on
me because i was so bullish on them uh but personally i mean look we saw the success of
pandora that was trading at like 11 12 each at one point per nft you know and the chart was
you know i i just love the blending of you know taking uh a coin trader and taking the
nft collector and creating a token that both of them can trade you know based on whether you you
like the artwork or you like the nft or you just want to trade the coin i love it um so that that
makes me super bullish on bearish because uh now to be be fair, KP, I have always thought 404s were a cool,
good idea.
I was taking on you because at the time we were in the midst of watching the
dumbest fucking IP I've ever seen in web three launches of 404 and then
rubble most immediately.
but you know what though?
you know what?
I don't even know the project,
but if you know,
you know,
I did make about 30 K on that so you know i'm not complaining
personally but yeah i love the 404 tech i think it's fucking great yeah no i do too i'm a big fan
of it because it creates essentially like two liquidity pools right um and for us like you
know obviously token sinks are important for a token um regardless and so uh like what we're doing
with the hackathons is actually kind of a trojan horse in a way because we're we're having like
these apps and games being created by the community some of them are good ideas um and if we can get
some of those into production you know it creates you know potential gamification potential sinks
things like that that we can launch alongside with the fractionalization so that we have stuff in production for the token side of the business
already built over the, like from like the past three months into the next six months.
Right. So it's, it's, it's all, it's all, you know, kind of a strategic plan for how to make
this successful. Right. And what I, the other part that I really liked about it is it was liquid,
you know, because there was a coin chart on it, you know.
And it was during a time where NFTs were fairly liquid, you know, it was hard to move an NFT.
You know, you could go a couple days of having an NFT listed up to weeks before somebody buys it, you know, without like, you know, undercutting the floor, so to speak. So like, you know, that instant liquidity of the coin side of it is
the big, the big plus in my eyes and why I was so bullish on it was because you could trade it like
a coin, yet it's an NFT, you know, like there were just so many cool dynamics about the idea
behind 404s that I think, you know, obviously it's still in an infancy stage, right? And especially
when it first came out, it kind of blew up because it was the new thing
and then it just kind of faded away.
But I still think that the 404 tech
has a big spot in the future of like crypto trading
on coins and NFTs, you know, so super bold.
Yeah, I would agree with that.
And I think it's going to be, you know,
again, I believe it's in its infancy as well.
And I think once you get a couple of projects to actually find a successful way to implement and support it, I think you'll start to see more implementation of it.
lot of us going to come through you know what we do with the community what how we build with the
community and um you know and having just a bunch of apps and games to go alongside with uh with the
bird token um but yeah if you're if you're yeah i mean if you're interested just like you know
hit me up in dms or if you want no more information or uh anything like that um and also the discord
is obviously a great place to get info too yeah Yeah, well, you know, I bridged
about $400
over to Abstract
last night. Just thinking about
buying... Quit being a bitch!
Let's go! You know what I did?
I set up my rig on big,
bro.
Really?
Come on.
You gotta mine the big.
Yeah, I did.
I've been mining since they started.
I would have been mining since they started.
I've been looking for it to get closer to a dollar
again ever since, and it just hasn't
quite got there.
It's running now. Yeah, I bet.
It was like fucking a buck fifty yesterday.
Where's it at now? $1.96?
No, it is? Let's fucking go.
Yeah. $1.96. So mean i you know i did the math
it's gonna take me about a month to get my money back uh at the rate i'm at right now um but what
did you get what kind of monitor are you rocking with let's see i got um i got a couple raspberries
i got a what's this one called uh it's400, dude, you should have upgraded to a garage.
The diesel miner.
Yeah, I upgraded to a garage.
I got a diesel miner and a couple raspberries is what that $400 basically got me.
And I'm mining about four, four and a half big a day.
So, you know, it's going to take me a while to get my back.
I do believe in it.
I just feel like it's been resilient.
It's kind of bottomed out here as far as the chart goes.
A lot of support from the abstract team.
A lot of people still.
Well, they're going beyond just a normal Ponzi.
Carlo, do you have any of the big pools did you mint any of those i saw them and i was like i should get some of these and then i got busy and i forgot and then they sold out and then yeah
they're at point three yeah they're at point three yeah so i don't have any but yeah i've got my rigs
i've been i've had since like i think like probably day one. Nice. I was getting 90 a day, and then I was redoing it into upgrades to minors and stuff like that.
And then now I'm just free floating right now.
Nice.
It's gone down about eight a day.
Yeah.
I might throw a couple more in this room.
I wanted to get at least my feet in look i i was anti bitcoin initially because you know ponzi's do ponzi things and i thought you know
sustainability is that what it is sustainability you're already shilling us a coke play the very
next day well i did i made some money but my point is you know i missed the boat by the time my room would
be much bigger i would be beyond a potato kenny if you wouldn't have told me to get in my mtendo
by the time i was paying attention to big was day two and it had already shot up to what like
six bucks i traded the chart i bought it around a couple bucks and ended up selling
around five dollars and then it ran to 17 dollars so i mean i just think that they've got a lot of support on abstract uh the abstract team backing
it uh kind of gives me the inclination that they're not just gonna let it you know die off so
bro we've been here almost every day for over three years carlo in the one day i'm like i'm
not doing a space they launch big and i'm i'm sitting in the living room and I'm looking on the timeline.
I see it all.
I come outside.
I met my free potato right around one mil and I didn't do anything else.
And then I just stepped away for the rest of the day.
And then you fucking part time door.
The one day I just like needed a mental break and then i come back and yeah miss
out on an opportunity so it's like fuck let's say what's up to luke he's had his hand up and down
like fucking six but he's probably wanting to tell us about his underwear or something like
go ahead luke what do you got probably got his hair all on his eyes yeah purse and his lips for
the camera doing pretty guy stuff yo i got mad respect for luke
because he shot his shot with a cole you know he did he was he was trying to get a call out
respectable and hilarious it was some fairy festival out in southern california or something
and yeah i literally clipped that by way. I went back to the recording.
It's so funny.
It wasn't that... I was asking her if she wanted to come to a Web3 event.
I'm not beyond shooting my shot with women in the space.
Matter of fact.
Matter of fact.
I mean, it wasn't anything too crazy.
It was a bunch of nerds, and I was asking her if she wanted to come join the nerds myself included but anyway um i was gonna say i like the idea of like i feel like when you make
the tiered 404 like you guys were discussing with the intergalactic lizards or whatnot or geckos
or lizards i think like it literally it like it actually like implements value into the rarity
which i think is kind of cool you know rarity is always a scale and in question.
You never know if there's true value in the rarity
or how it's reflected.
I agree.
I just wanted to ask Carlo something.
I don't know.
Is he still up here as a speaker?
Yeah, he's here.
Yeah, I'm here.
Did you guys ever clarify what it was with that number
that you subliminally put out a couple
times and deleted 20 yeah we got uh um maybe i can say i mean we got it we got something um
some something was offered to us uh to reward the whales and the bearish community um and so they
said like just let us know who has,
just let us know what wallets have 20 bears in them or more.
So I was like, okay.
And I saw that there were some people that had like 19 or 17.
I was like, if you want to try to get to 20,
there could be something in it for you.
I didn't want to like create any FOMO or anything like that.
any FOMO or anything like that. I just wanted to let
I just wanted to let people know that like, hey, we've got this offer.
people know that like, hey, we've got this
offer.
We want to do it because
I think it'll be, it'll
probably lead to a larger airdrop.
But I
wanted to say like, hey, if you're
close to 20, it might be a good idea
to get 20. That way we can give them the wallets that
have 20 bears in it. That's all
it is. I can't say anything
more about it.
Alright, so there's the alpha 20 bears. That i'd like to get there i did want to say something uh luke what you were just saying about the rarity thing i agree fully i think when
you and this is kind of how creeps used to be where depending on the color of the creep you
had more or less what would you call it like ecosystem value
right um i'm a fan of that i think it's more fun for your community i do think if i was going to
play devil's advocate it can be a bit of a double-edged sword though because you can end up
with um well you know the low end of the spectrum ends up being where your NFT is valued at to outsiders,
right? Outsiders that don't understand that ecosystem, they look at the least desirable
of the rarity spectrum. And that's like, in their mind, that's what one of these NFTs is worth. And
they don't, you know what I mean? It creates a thing that you have to understand versus just like smooth brain memetics for your NFT
value.
Overall,
I agree.
I just,
I think it does,
it does create the slightest bit of a double-edged sword.
But anyway.
Yeah,
for sure.
I got a question for you,
Carlo.
you know,
obviously I came up with some capital yesterday cause I sold the good
vibes.
And my point is as a founder, right, if you wanted a specific bearish NFT and you knew somebody had it, would you be insulted if they offered it to you at a relatively higher price than, you know, kind of like what the collection floor is?
Wait. Well, the reason being is? Wait.
Well, the reason being is because I have one of the founders
in my DMs wanting to buy one of my,
or wanting to get one of my good vibes.
And I was thinking about offering it to him,
but I was going to offer it to him probably about 3x the floor.
I would offer to him for five E's.
I mean, yeah, absolutely do that i mean i i if if
here's the thing someone and this this is just i'm not i'm not i'm not a founder but i am on the team
of bearish but like i saw a bear that i really liked someone minted it and he wanted um like
uh i don't know he wanted like almost close to an eath for it and i was like all right
um and i think the floor at that time was like maybe point, uh, 0.15 or something like that.
So similar to what it is now. And I was like, all right, no, it makes sense. Cause it's super
clean. I like it. It's very, there's no other bear like it. I really wanted it. And so I ended
up like making a bunch of trades, uh, to get it. I ended up trading, uh, trading up to get it.
I still have it obviously. Um, but I ended up like
probably close to like one ETH in trades to get it. Um, but I think, I think if you, if you
understand like, you know, supply and demand, if you understand like the value and you, you
appreciate the value of the collection that you are a part of, then I don't think it's unfair to,
for if you're going to, if you're going to ask a community member for a particular NFT,
that if you ask them, if they haven't asking, if you,
if they haven't a requested price that either you pay it or you,
or you pass on it. But like, I wouldn't,
I wouldn't low ball a community member if they see the,
if they see the similar value that I see in it. Right. So that's,
that's just my take on it.
But I'm also a community member and a trader too first
because I've been in the space for, I don't know, three and a half, four years.
And I just like to collect certain things.
And so I've paid a premium on stuff that's probably not worth it.
But that's just the collector side of me.
But I think value is in the eye of the beholder. that's probably not worth it but that's just the collector side of me uh but you know it's i think
value is is in the eye of the beholder and you know if they really want that particular nft then
you know they've got to meet you at the table right yeah no that's what i'm saying look they
work it down look they they are making five percent royalty fees they've done almost 5 000
eth and volume so i know they got money you know what i'm saying and it is a founder but at the making 5% royalty fees. They've done almost 5,000 ETH in volume.
So I know they got money.
You know what I'm saying?
And it is a founder, but at the same time, I don't want to disrespect.
No, it's not disrespectful.
No, it's just like, this is just be like,
this is what I value it at because I love it so much.
And if you want it,
this is what I would potentially consider trading it to you for.
Right.
Right.
I mean, it's just simple as that.
And they can either say, yeah, I agree with that. Or they say or they say you know maybe next time or maybe they'll come back with a different
offer right right you just kind of that's that's just the trading part the aspect of it right i
don't think it's bad i don't think it's disrespectful if someone told like that guy he's
like i would want like i want like point point eight for this i'm like okay that makes sense
um i'll try to get there right right? He's not going to tell you no.
Yeah, unless you came at him with 10 ETH or some dumb shit.
You have to be something crazy. You have to be
really trying to dig at him
because you know his position.
But if you tell him honestly
like, yo, I want one for this.
I have it for a reason, but
I know you're the founder. I want you to have what you want.
Here you go. I guarantee you you just put a number in the DM or whatever,
and he'll ask you for the address.
Right.
Or he'll go make the week offer, period.
There won't be anything else.
You're putting too much thought into it.
Traders, all these traders and collectors know business too.
And they know in this collection, this is a prominent collection now.
There's a lot of PFPs, people rocking it motherfuckers are bearish you know and uh it's always also nice as as a founding member of a team to get the ones that you want and get it from a
community member you know what i'm saying right and they're not about to cause no drama over over
one each or something like that if they ask you for what it costs, you know, or if you want to get
rid of it, like, trust me.
Trust me. Word.
Okay. Appreciate the advice, guys.
Yeah.
Let me see it, too. Send it to me. I want to look at it.
Yeah, yeah.
I might bid more than he does.
Yeah, right. It's the yellow on yellow
you tweeted this morning, right, Kenny?
That would probably be disrespectful if he started, like, a bidding war.
I quote tweeted him because he had put out something regarding the, you know, the trait.
And I quote tweeted him, and he was just like, oh, God, you know.
And he's been it.
Mason actually hooked me up with him.
Mason was like, yo, Chris wants your NFT.
So we got in the DMs.
Now you got to give it to him for .2.
Nah, bro,
put it up for auction
on OpenSea and just let people
bid on it. That is the
greatest idea,
period. Yeah, just say
the founder...
Or put a reserve. How about you give it
to him for like .77
ask him to give you the royalty
like do it OTC
so you don't have to lose the 5%
and ask him to come on the show. You don't need to
auction it. Ask him to come
They'll come on the show regardless
If you're going to auction it
fuck OpenSea. Take that bitch to Sotheby's,
brother. You get top dollar.
But it would cause
some engagement, Kenny.
Just put a tweet out saying the founder wanted this
NFT.
We're putting it out for auction.
Highest bid wins.
I don't know about all that.
That's, yeah. You just shoot yourself in the fucking
he's definitely not coming on the show if you do that
I just
I just comment on it
my boy
what'd you say
on it I said dope I think
Chris needs this
oh my goodness that's funny
so the
Kenny if you look in the comments of the space
the creeps free spin box did pop up on the website briefly uh you can see the pictures
gauze put it in there there's definitely dmt there is some usd uh had a phone call.
There is some USDT
prizes in there as well,
but we can't see any.
It was
only up
long enough for
people to get a screen grab of it.
Nobody actually got what else was in the box.
But it
does say at the bottom, open for
one free spin. It it says the top right
creeps holder special so i don't know if there was something in the in the box that was not
supposed to be in there they just that means we're 2.5 each and honorary i'm telling you right now by
looking at that nft i think he's worth 2.5 oh the Oh, his yellow? It says send it,
and it's all yellow with the mobs on it?
Yeah.
That is politic culture.
Now I know why he wants it.
Yeah, it's definitely one of the things.
I want it, honestly.
I went through that collection, and there was only a few that I liked.
But looking at that,
really what does it for me is the glasses
and the hat says fucking send it.
Yeah.
Send it, bro.
Send it.
I'm asking for fucking 5e, bro.
Let's go.
Get it.
No, but honestly, some of the rares have been selling
for like fucking three and a half and up.
So, yeah.
It's definitely a rare one.
Yeah, thanks for that reminder.
Yeah, geez.
I had a Stormtrooper, Carlo, and I sold it pre-revealed.
It's too pre-sept, bro.
And I was fucking-
Sold it pre-revealed.
I was pleading with him not to sell it.
I said, bro-
And it's my favorite color, blue.
It was fucking rare.
He's like, oh, you're getting a fucking rare, but I'm like, two days later, it sells for
like one and a half ETH, bro.
It's just like, fuck.
Yeah.
Yeah, it was great by you.
You might just get a big
offer on it, and then you just know to
take that offer.
That could also happen.
That was a really good cheese impression.
Who's making the offer right now in the space?
I know someone is.
What is the high offer
on it right now, Kenny?
Not much. At .6 is my high offer on it right now, Kenny? Not much.
At .6 is my high offer on it right now.
I'll give you .69.
Yeah, no.
Like, if I do flip it, it's going to be the Chris,
because I know he wants it, and he's cool.
Carlo, what do you think of the abstract games, abstract games coming next week on rec tech?
How do you think that's going to go?
I think,
I think it'll go pretty well.
Actually.
the alpha is that I think they had that the games live right now on their
website.
So if you go and you start playing them to get a little headstart,
before the games kick off,
I think next week,
I'm into the,
I'm into the ticket.
I'm going to check it out.
See what,
see what I do. I'm not really great at games, but I'll, you week. I'm into the ticket. I'm going to check it out, see what I do.
I'm not really great at games, but I'll participate and support.
So you're saying you're going to be able to get a head start in your points,
or are you going to be able to get a head start in just practicing it?
Yeah, practicing the games that are going to be part of the tournament,
I guess you can say, right?
Yeah.
It's just going to get your feelers for the controls and the gameplay.
Yeah, because some of the games are like they're not hard but um whoa what was that abstract complete like i'm sharing the tab uh how to claim your prize uh yeah so there's supposed to be badges
uh nfts um all kinds of shit so i wonder if the team the abstract team did they already
did they already buy um you know did they already buy like nfts within abstract like bearish and
um you know final bosu and captain ships or like what what are they what do you think is going to happen there
badges we don't even know stinking no no no not bad not not the badges the actual nfts because
they say prizes are going to be abstract nfts as well oh i i will say this they haven't they
haven't bought any bearish nfts i haven't seen any come through yeah because when you look in
the abstract wallet they i don't think there's any nfts in their wallet they're probably going to do that later so okay if you don't want to if you don't want to um get
front run yeah go because lucas now yeah lucas still hasn't even swept he said he was going to
deploy a lot of ethan yeah he's still waiting yeah so that's pretty interesting there um 6061 nfts or tickets
have been minted i'm sharing it right now uh on the uh stream but they're 22.31 if you would have
got these the other day when they first came out they were just like right at 20 but eth keeps
going up so the cost of this is going to keep going up as well. Which is, like I said, it's only a dollar more.
But you have two days, about three days left to get a ticket.
Otherwise, you're going to miss out.
And I think just for participating, they're going to have some type of abstract game badge for this first round.
And then maybe some other badges, like some type of rec tech badge or whatever.
So, um, yeah. When are we going to see a bears badge? Yeah. We've been talking about that
actually. Um, you know, we had some ideas for some, but, uh, we really wanted to do one for
March madness, but we didn't have enough lead time. Cause we were like right at the gun, uh,
to get that deployed, uh, before, you know, the brackets had to get locked up uh but we've got
some ideas for some stuff uh for for like future things that we're working on um so we'll just at
that point we'll we'll uh they basically told us whenever just they we they just need like a couple
weeks uh heads up yeah to do one so yeah it seems like a decent little way for them to, I don't know, like for any project to kind of, whether they need money or not,
but cheaply get on-chain transactions on their platform.
Like just even with the Juice one that's live now for Gigaverse,
that's the second badge they've done.
The first one was free.
Like, I mean, that one didn't cost you nothing i don't
think um i can't remember but then this one's like 0.004 eth just to get this juice badge even
if you just buy the small juice um which is i think like the juice shot so it was like seven
bucks to get a badge um yeah and and i'm of the belief that when abstract moment does happen, when they do the token at
whatever point that I think these badges as they're like PO apps, like, you know, I think
the amount of badges you have, I think are going to show like how much activity you were actually
doing on chain. And I think those are going to come into play in some some way and i may be wrong um but i i just think they're going to be some type of you know proof of attendance on chain
and how early you've actually been here um and maybe be some way to reward
the abstract users but we'll see what happens um yeah i would say that's probably a good uh a good assumption yeah
there we go i just need to get that clippy and fucking threader badge uh other than that i've
got everything else do you have your socks badge yet carlo no i faded the socks um also i didn't
want to pay up for it but that's a very exclusive very exclusive and elusive badge but um did you
get one yeah but it's
not so here's the deal so like you say you don't have it totally doesn't have it scott doesn't have
it whatever it's you get the badge and then once you so you say you have a group of five guys say
they cost 600 bucks the weath offer is 500 bucks you go buy the nft then you get the badge then you send it to toli totally then send
and he claims his badge then totally sends it to scott and then so on and then when everybody in
your group gets the badge you weath it and then you split the difference of the cost of the weath
price you see what i mean yeah i don't like i don't like sloppy seconds so i'll probably just
do it myself well that's like that's how I ended up getting it
is because I was in a stream
and somebody was like, bro, you can sell that.
I mean, it's a soulbound.
The badges are soulbound,
so you don't need to hold the NFT
unless they just go and remove it from your wallet.
That's because, I mean, they do resell on secondary the socks themselves aren't
a soul bound nft so there is volume over there on those and uh but that's one way for anyone
looking to get the badge you can definitely uh do that unless you want to pay you know the full
700 plus for the socks i don't know what they are right now, but.
Yeah, I don't wear socks.
So that's the other reason why.
I'm like a Michael Franti, like walk around barefoot type of guy.
Yeah.
What has ponds?
Have they put any indication out there when they're going to launch grind?
Soon.
Really? That's all i know yeah
that's why we we actually we actually uh sped up the grind hackathon so that we could get it done
before they launched wow okay all right yeah when when bearish wreck drinks i don't know man i think
i need to reach out to mondo because i think we need a bearish
berry blast or something there we go bro it'd be so dope it would be i would drink so much of that
i love sparking water have you tried the abstract apple uh i haven't no they i i think i need to
like get into that circle and like get some free samples so that i can try it yeah my case showed up like the day after like the like probably four
hours after uh ov was on the stream um he he did ours ours first and then i went i ended this space
at 1 30 i came back home at 3 and it was sitting on the front porch and i'm like fuck i wanted it
here and then the next day i was drinking it with vodka, uh, during the, during the whole space. I think I'm going to reach out to Mondo and be like, Hey,
if you send me a case, I'll do a live stream in my bathroom, like about eight hours after I drink it.
Well, uh, for anyone that's wanting it, it's actually going live in five days.
So you'll be able to buy it. Um, and then you'll be able to start earning on the,
uh, you know, then you'll be able to start earning on the reward board over at rewards.recdrinks.
I'm going to drink a whole case and do like a Jimmy Dugan style power live stream in the toilet.
Bro, it's not bad.
I mean, to me, it could almost use a little bit more of a kick of apple.
Like, the apple taste is, like, really, really subtle.
It's not overpowering.
They don't put, you know, much sugar in it.
I think Ovi said they put agave or something along those lines as far as, like, any sugar that's in there is from a...
I believe he said agave if i remember yeah
it's it's got five grams of sugar in it yeah ingredients uh carbonated water organic agave
syrup right natural apple flavor natural raspberry flavor yeah there's nothing artificial in there
that's why it's yeah and some some type of malic acid whatever the fuck that is that's a preservative yeah oh
okay all right i i have to avoid agave because it makes me super angry and punchy um does it really
yeah every time i drink uh tequila man i get i get like i get fucking like amped up and i like i will
i will you know if i don't control myself like i I'll, I'll throw, I'll throw, I'll throw hands.
And I'm like, I'm, I, I'm not, I'm a pretty even keel dude, but for some reason tequila doesn't.
And maybe it's because my mom's Mexican.
Yeah, the worst thing that happens to me if I drink too much is I might sing a queen song at full volume right into your ear hole.
That's not as out of hands I get.
I'd like to be there for that.
So tequila Carlo is one to avoid is what we're saying.
Yeah.
Avoid tequila Carlo.
Yeah.
That's why I stick to whiskey.
Whiskey just makes me happy.
Yeah.
Nothing wrong with that.
Are y'all going to be at NFT NYC?
Are y'all going to?
Yeah.
Yeah.
Yeah.
Oh yeah.
We are going to be there actually.
And we just,
I locked in our event.
We're doing a side event.
And it's going to be pretty awesome.
My friend. So I've got a lot of clients. and, uh, it's going to be pretty awesome. My, my friend,
so I've got a lot of clients. I've been in the music industry for about 20 years.
And, uh, so I've got a lot of clients who have music venues and do stuff all over the country.
Let's go. And, uh, one of my clients, uh, runs these, um, uh, concert cruises in New York. He's
been doing it for like 12 years. And, uh, so we've got like this um four-story new orleans style riverboat
um and we've got like two bands one of them's coming off of a sold out tour in europe that's
gonna be performing for us and um and yeah we're uh so we got the date locked in i think it's uh
june 26 is a thursday um doing a concert cruise.
And we're kind of locking in the additional sponsors right now.
And yeah, it should be a good time.
There'll be bars, and there's bars on every floor.
Yeah, I bring a six-year-old.
It's 21 and over, unfortunately.
It's 21 and over.
But yeah, they take the boat, goes past the Statue of Liberty.
So they actually take a moment and stop by the Statue of Liberty.
So, you can get a photo up there.
That's pretty dope. It's really nice.
Yeah, it's pretty dope.
So, here's the thing, though.
Like, it's either going to have to be a big-ass riverboat,
or it's going to be very exclusive to be able to get on.
And, like, is there going to be, like, a raffle for bears?
Yeah, but still. I mean,
still limited capacity.
It'll be relatively exclusive.
It'll be about 600 people.
It's about 650 with the crew and the
bands and stuff like that.
Elon Musk walks on that boat with a toddler
on his shoulders. Ain't nobody telling that kid
he can't be in there.
That's true. Yeah, if Elon's there,
he's actually there too.
Don't say a goddamn word to me.
Elon's 10-year-old son
is probably smarter than most of your
average Web3 DJs anyway.
So I think he's...
Brother, I don't think he's 10. I think he's like 3.
My reasoning still
stands regardless of age.
It should be a good time though. it'll be relatively exclusive but I mean I think
I've been to events where it's like 300
capacity rooms and things like that
I mean at max maybe a thousand so we're right
there in the like middle to high range in terms
of capacity and I think it'll be a good time
and we just got this
Dominican food truck to
come on board and serve
food and stuff like that.
So I think it's going to be a good time.
And then also, Toley and I will be speaking at the convention as well.
So we're going to be on a panel or something.
Look at you, bro.
We'll see.
I mean, who's going to be at the convention?
I don't know.
About 13 people.
About 13 people.
Yeah.
But, you know, it's nice to have your picture on a website, right?
Fuck yeah.
They'll actually probably put it in Times Square because they do that as well sometimes.
That's true, yeah.
They'll flash all the pictures up there.
So they'll just think you're some, like, retired, like, daytime soap opera star with your headshot.
You're a headshot.
Yeah, so they'll have that there.
Yeah.
So they'll have that there.
No, you'll have some 50 year old women showing up just trying to get in to, you know, throw beads at you or hoping you're throwing something.
I'm already a buyer.
Stop selling, man.
Stop selling.
You're overselling them, man.
Yeah, that's pretty good.
Hey, I did have a question. What is the, because Bears created this Discord, this drip.
Yeah.
What is that exactly?
Yeah, so it's basically a community economy bot and engagement tool.
So essentially you can install it into your Discord.
You can create your own currency.
It has like a store and raffle system built in.
It has a rating platform built in, so you can create quests.
And those quests could be anything from follow quests to commenting, liking, retweeting.
That's kind of the source of some of our engagement that we get on the timeline.
And there's also games built in.
So there's a blackjack and poker game that's playable in the timeline. And, um, there's also games built in. So like, there's like a blackjack and poker game that's playable in the discord. And we also got this, um, kind of, uh, 2d
fighter, uh, shooter game called drip combat. Um, and those are things that you can kind
of just have as like activities and, uh, and stuff in the discord. We are in 1600 discords
with like 5 million active users, I think i think um but that's kind of our flagship
product right so you know for us we've got two businesses we've got the bearish ip hackathon
business we've got the drip business right and the drip business is kind of our think of it as
sort of our shopify tunnel right so um funnel so that anything that gets built by the community if there is an integration
potential to have it go into the drip bot then we can create this kind of shopify store for
other communities that are using the drip bot to potentially add these apps into their discord
it creates a way for you know our community builders to get their their their app or game
um into other discords and potentially create a revenue stream for them
as well so like that's the other the hidden part of what we're doing too um yeah i think just in
terms of like having that amount of reach um is going to be good for us in the long run yeah no
that's that's pretty good so any so it doesn't need to be like specifically abstract so like
if the creeps wanted to integrate this
they could get with you guys by the service or by the bot and then boom it's there yeah it's free
to start and then i think like if you want to have like the web 3 integrations it's like maybe
like 140 bucks a month uh but we support multiple chains um i think we've got we've got abstract
added recently obviously um if solana um i, ETH, Solana. Um,
I think we support Polygon too.
And there's,
there's a few others and we've got to,
we've been doing stuff for like Mesos,
which is like a,
Bitcoin.
it's not,
it's,
it's a,
it's a BTC.
I think it's a,
I want to say it's an L2.
but they've got some really cool,
interesting stuff that we've been building for them.
And,
yeah, no, it's, it's multi, multi-chain it's also multi-currency and um because you could even put your native currency like if there's like ticker creeps you could use that currency in there
rather than you can do anything you want or is that yeah most of the currencies are off-chain
oh god um we do have some some APIs that you can tap into,
but I don't think we've...
I don't believe we have any integrations currently
with an actual token, but maybe...
Yeah.
Scotty would be willing to answer that,
and he's listening and probably telling me
to stop talking about it.
Yeah.
It's all good.
Let's go to our European cowboy here.
Dijani, this guy's toting guns.
A proud honorary American here.
Yeah.
We don't have him full papers sorted out yet,
but yeah, we got an honorary America badge for Dijani.
Moon High might marry you.
What's up, Dijani?
GM, GM, how are you doing?
Have you seen my guns today?
Yeah, we've seen your guns.
Are those little like pop guns? What are those guns?
Yeah, you use them like you have like this small balls out of metal or something and then you shoot with it.
Yeah, they're called BB guns.
Yeah, they're amazing. And I didn't look at the door like there is a door and the door is now full of this points.
I mean, I can make a picture
and show it and my father was like very angry at me he was like what did you do i need a new door
now imagine putting a fucking assault rifle in this guy's hands kyle i mean this literally
johnny is a grown-ass european and he's experiencing things I experienced at the age of about roughly 8 years old.
I wasn't military.
For firing a BB gun indoors.
That's so funny.
The first gun I shot, do y'all remember those little
plastic cap guns?
They had the little round
red plastic
things, right?
Or the ones that had the paper strip that had
little gunpowder
and pouches and you'll just pop them off it would pop off a little bit of smoke from them
i'm outdating myself here probably i love those things those are fucking awesome
i get one right now yeah fuck yeah i wanted to ask carlo um back uh you have been with trip in nft paris right maybe not you but someone from your team and i
remember i got like this card and there was a ledger to win and i didn't want the ledger and
i wanted to look later back on this card which i got and i think he was mentioning the bearish
mint and i got with this a bearish mint whitelist but yeah i forgot to claim
it and later on yeah i bought a bearish wait so so you won the raffle yeah i i have been in nft
paris there and yeah i think i think that was told i think toli was there maybe a couple other
members i wasn't in paris, but Tully was definitely there.
And I didn't know that the mint was
for bearish.
Nice.
Good job, Johnny.
And later on, I found the paper
at home.
Wow. No, yeah, I think that was
pretty early on
in the
project's
foundation.
He went out to Paris.
Yeah, I don't – no, it's awesome.
Well, welcome.
Do you still have your bear?
Yeah, yeah, yeah.
For sure I have my bear.
But it needs a cowboy hat.
Wait.
No, no.
He has, like, glasses.
He is a smart guy.
My bear. Let me go. He is a smart guy. My bear.
Let me go look at these bears real quick.
Bro, you should have had them.
There's no better time to buy a bear
than right now.
Or 20.
What's the trait you want?
Well,
the zombies, I think, are...
I have it in the comments.
Oh, go ahead. Sorry.
I have my bear in the comments now.
But I'm looking for a second
one to get it.
Bro, this zombie at
.175 is like dirt cheap.
The green one?
Yeah, with the egg on his head?
Or her head?
That is cheap.
Carlo, what is yours? I mean, it can be whatever you want kenny it's 2025
yeah i like uh oh sorry go ahead no i was just fucking with him go ahead no i like the zombie
furs i think there's those are cool i was looking at one i think there's one earlier
maybe a little maybe like 0.2 it was pretty clean because it had a carhartt jacket on it um i like that one um the i like the leather jackets because i'm a leather jacket collector
so i've got leather jackets pretty much every collection because they seems to be one uh one
of the traits that goes into every collection is a leather jacket of some form or fashion so
um i've got a gang of nfts wearing them um polar bears seem to be very the polar bear
furs seem to be very desirable polar bear first seem to be very
desirable a lot of people collect those the nakeds obviously so like no clothes um what else um
i like the i like the suit or the shirt and ties like white shirt with the black tie it's pretty
clean i was gonna say something that's inappropriate oh go ahead yeah gonna say naked ones no the ones about the with
the fish in the mouth like oh yeah I think Kenny Kenny could go after those but you know what I
mean it's it's it's it's all you bro um I like the honey jars too but dude this this ip brother he's not trying to keep them oh my gosh like the ip i think for bearish that there's no there's nothing else that compares to it on
on abstract and why it's not so much higher to me it almost seems like intentional which i know
no project is gonna like keep their floor price down but it's like
why in the fuck is this ip you guys offer so much stuff and i don't think enough people know about
the 404 aspect of it that's the problem they don't see the value that each bear is shoved
fucking jammed full of token and uh you know once yeah i don't know i guess once that narrative gets out there then people would
would see the value of um what beyond just the token itself but that's what drives people in
web3 is like how am i going to make money from this nft um and people just don't they don't do
enough research nowadays you know i would agree with that i think we also purposely did not um
release a public roadmap.
And the reason for that is because we want to be able to shift and be flexible with the,
because the metas change all the time.
Yeah. You know, and we have the ability to, you know, build product pretty quickly and get it out there.
We're just, you know, we just got to make sure that we're doing the right things.
We've got our own internal roadmap, obviously things that we're doing we just got to make sure that we're doing the right things. We've got our own internal roadmap,
obviously things that we're doing
with the hackathon,
things that we're doing with IP.
I mean, we've been really pushing hard
on our Giphy and our GIF creation
and things like that
just to kind of get the bears out there more.
And obviously the hackathons
have been pretty successful so far
just in terms of like,
I think in the two that we've launched, we've had, you know, close to close to, I think, 80 new apps and games being created by the community, which is awesome.
Right. But yeah, I don't think we do a good enough job on the messaging of the 404 aspect of it, because I think that would create a lot of speculation for folks in the space.
create a lot of speculation for folks in the space, but we're also, you know, we're not afraid to,
to build what we're building, build with our community, build slowly so that we have a solid
foundation. Because for me, the community aspect of things is so important. It's nice to know that
when someone new joins the community, that we will have a nice welcoming community,
welcoming committee to, you know, kind of just say, hey, welcome to the Bears.
Because that's so important.
A lot of people want to be heard.
They want to be noticed.
They want that validation and be welcomed into a community.
And we've, you know, we've got a pretty solid foundation now.
And I, you know, hope to see it in three months grow from here.
And yeah, I mean, people will take notice when we when we um when we make them take notice i think
um and we have to just do that by continuing to deliver and uh provide value and show what it is
that bearish is all about yeah i think the products getting them like getting the community
there and they're staying around and they're happy because of the products and the things you guys are
doing uh everything from you know launching the uh the um Madness event,
doing the hackathons,
working with all these other brands,
and not even abstract brands.
Even though Grind is an abstract brand,
Plague is not an abstract brand.
It's a mainnet project.
So even going outside of that bubble
and reaching some of the other people in Web3,
but not saying the
main driving focus is like oh come by bears because we have tokens like that's not the that's not
100 million percent not the narrative behind the tokens are coming sometime between now and january
which is the most creeps roadmap i've ever heard in my life i know so well it has to because here's the thing the scotty in the smart contract
so this is our own custom 404 uh 721 contract um he put in the contract that no matter what
on the one-year anniversary fractionalization can be enabled by anyone so um so it will happen
that's just not it's not like it's just going to be sometime between now and the one-year anniversary.
That's not a lie.
I like that.
I like that there is a hard-coded deadline.
Yeah.
That's awesome.
Hey, wait.
That means that you could have fractionalized your bear, right?
Correct, yeah.
So at a certain point between now and the one year anniversary
when fractionalization is enabled you can see the you can then look see the uh burr token side of
your nft decide display that decide to potentially trade that but if as soon as you have less than
um 10,001 burr token you no longer have an NFT. You just have the bird token until you have.
Let me ask you this.
When it comes to the NFTs,
if I have my 10,001 bird token packed in my bear
and I sell one token and my bear goes away
and then I buy that token back,
do I get the same bear back?
Or is it a newly generated NFT?
It's not necessarily a newly generated NFT.
It would come out of the pool right so like
those nfts would go into a pool and then you would get a bear out of the pool okay cool should you
decide to display that right yeah so when you when you get below the threshold of the token the nft
doesn't like some of them they burn the nft uh but these are going to go back into a uh a pool where
the nfts just keep cycling exactly yeah okay all right
well that that's good that makes sense the johnny your beard's uh pretty good i like it i like all
the blue kenny you got to get one of these things bro thank you yeah i got my eyes on one i'm probably
gonna bridge some meat over right now don't tell us which one it is but i'm gonna take i'm gonna
take a guess of which one it is but and then tell me in
dms if i'm right i think it's number 338 yeah i still have kenny you will see how welcome the
community in bearish is i mean um where you get a message after you buy a bear i mean i don't know
if it's because of me that i got a message uh from the bearish account but after a week you got
another message from the account like how you feel about to be a bear do you have any suggestions or
whatever i mean that's customer service i didn't saw that by any nft project i mean that's a amount
of time someone has to put in whoever is doing that twitter account i mean it's crazy i mean that's a amount of time someone has to put in whoever is doing that twitter account i
mean it's crazy i mean even if it's the ai it's still cool that they're doing it i i mean i have
hundreds of nfts but i didn't saw it in any project yet yeah so you're talking about yeah so it's not
it's not ai uh it's actually people who are talking to you. One of the things
that we've done over the past three weeks is we've implemented a DM campaign where if we notice
people are engaging with the brand, if they're posting about bearish, we just do a DM to them
and say, Hey, thank you. We noticed that you've been interacting. We noticed that you've been,
you know, sharing a lot of bearish posts and just kind of ask them what they think about the project,
how they found the project, if they have any suggestions or comments or things like that,
just to kind of get a sense of who they are and what brought them to bearish.
And a lot of people have been really responsive to it. I mean, they've,
you know,
we've gotten some really great suggestions and replies.
There's so much,
just so much great information that's been shared through that campaign and
something that we're continuing to do,
but yeah,
it's just,
I appreciate you noticing that and,
and,
and appreciating it.
Hey,
Dishani,
you got a welcome message.
I got a cease and desist for my pin tweet.
You did.
Yeah.
Um, Kenny. So, so, or and Kyle, anyone else who cares.
So the Creeps Holders special box is back on the website.
It is open for one free spin.
What's inside the box is a shit ton of dmt you have usd coin but it's literally one cent
and there's a zero point a point zero four percent chance that you can win a creep which is
let me see where in the hell is that one they Oh, they took it out of the $110 box.
That was like, yeah, the $10 box was like 0.01%.
I think maybe the $32 box had like 0.03%.
That's actually pretty good.
So they took the creep out of the $10 box now.
Did you say Goss hit the creep this morning?
He hit the creep this morning on the $10 box.
Yeah.
Oh, it's there.
Yeah. Oh, it's there. Yeah. So the $10 box,
you have a 0.01% chance for the $10 box of hitting the,
the creep on the $10 one.
So let me go,
let me go to like the a hundred dollar box.
It's not even in that,
that first one.
I'm going to click this button.
You're going to use one of my,
let me go.
Well,
let's see what's.
Well, that one, I don't well let's see what's well that one i don't let's see here um definitely mostly airdrop stuff yeah yeah yeah it's an airdrop
one penny you have a 15 yeah and that well so so or a creep it's not bad though the way I look at it, though, is that, you know, this is your way of getting your allocation of DMT as a creep holder, right?
And obviously, creeps holders with more creeps are going to get a higher allocation of DMT.
of DMT.
So that's cool.
So that's cool.
That's cool.
Yeah, I
would assume that Creeps holders
are still going to get a different
allocation of DMT.
This may be just some icing on the
cake.
Well, then,
like, I don't know.
I'm not going to say what I want to say.
Fuck me and the goat ass.
I got a penny. But still, 0. Hey, I hit the penny. I'm not going to say what I want to say. Fuck me and the goat ass. I got a penny.
But still, 0.03% chance is right at the same amount of a chance,
I think, of the $32 box.
The $32 box, you have a 0.03% chance of getting the creep.
Did they just get rid of the box?
Oh, the box is gone.
Yeah, it's gone.
I spun it three times, and it disappeared.
I think they're just testing shit.
Now they're going to add 5,000 fucking eat.
I don't think there's enough.
I used three of my kids already.
I don't think there's enough USDC prizes in there.
I think they're still adding shit and testing it.
And they're not wanting to pull the site down.
Good job, Kyle.
Just wait until there's a tweet
that says something about it.
You're the motherfucker who brought it up, bro.
I'm just updating people.
Post-tweet era
fucking free spin bots.
I'm getting tagged. I'm getting DM'd.
I'm like, yo, he's like,
jeez, the site's back live again. So I'm just reporting. I'm getting DM'd. I'm like, yo, he's like, jeez, the fucking, the site's back
live again. So, like, I'm just
reporting what I get. She's just
rugged everybody.
I just logged in and it's gone.
It's gone. That's what I said.
What's up, Carlos?
You got Carlos.
Oh, sorry. I didn't. Hey, do you
go by Carlos? Is it Carlos?
No, it's just Carlos.
Okay.
It wasn't racist.
It was.
You see a brown bear and you call him Carlos.
Damn.
He's got a lion on top.
He's a good guy to me.
I love lions.
I was looking at the collection.
I'm going to get one because I do like the art
Best PSP on abstract
hands down
Yeah I'll go there with you
Were you worried
Why bears? Were you worried about
like
I always wonder where these founders
like what makes them decide to
But the history of bears is really cool though You know, I always wonder where these founders, like what makes them decide to do a bear.
The history of Bears is really cool, though,
of why they went with bears, though.
Yeah.
Could you tell me real quick?
Yeah, sure.
So it's actually a combination of two OG ETH communities.
There were both bear-themed projects,
the Bad Bears and the brawler bears
and they had separate founders that was toli and scotty and they decided to um join forces
because they've been working they were working together for about a year on drip and they felt
that they worked really well together and so they wanted to kind of explore this idea of
bringing teams together bringing uh communities together, launching a new IP, and kind of just really leaning
into this bearish idea.
And that kind of happened over the course of December
and January up into the Abstract launch.
And it actually, I think it worked out really well.
They found a way to kind of reward the legacy holders
through a token integration essentially for,
um, for blueberry, which is one of the economies within the ecosystem.
And, um, and they're, they're both bear theme projects and the idea of bearish as kind of just
like this common market sediment, um, it just kind of like trying to flip the narrative around that to be, you know,
somewhat bearish on bullish or bullish on bearish. You know, like, I think that was kind of like the
playful thing in terms of the naming. But obviously, like the focus changed because
one was kind of like a PFP project, one was kind of a gaming project. But what they saw that they
did really well was doing consumer apps, like Drip is essentially a consumer app and Abtract being the consumer crypto chain.
It just made sense for the project to launch there and then put a focus on building with the community, doing the hackathons, getting new apps and games out and really trying to kind of push that narrative forward.
that narrative forward so that's kind of what we're the kind of genesis of it is and i i was
So that's kind of what the kind of genesis of it is.
part of i was a community member um in scotty's project uh for about two years um and just kind
of joined the team um about three weeks before mint to kind of help out with socials and community
and stuff like that oh yeah that's awesome um the only bear project i ever had was killer bears
yeah i just got one of those you know i don't know what's going on with them
but um i really enjoyed the videos they did but um but that's that's awesome carla um
my a couple of my goons people have uh bears so yeah i love the goons yeah so um yeah i was looking at one i think i found one the one
i want it's very clean very clean i was gonna just pay and get one of the ice ones that's in the ice
and just keep it but i'm still mine i'm surprised there's a lot they're so cheap at 0.2 for one of
those yeah they they uh they have a little bit of a premium right now
just because they're unrevealed bears, essentially.
And you can go to our website, bears.af,
and crack it open if you wanted to reveal it.
But people have been keeping them nice,
which I think is awesome
because it kind of helps keep that speculation around.
Because I think there's still a 101 or two out there
still in the ecosystem that are uncracked. So I think that's probably more, too. Yeah, I think there's two of them or two out there still in the ecosystem that are
uncracked so i think that's yeah i think there's two of them right yeah i think two or three from
what i had heard um yeah so your odds i mean they're still pretty good what was the uncracked
it was there's uh 845 still left to be revealed so that's crazy that's a lot yeah i mean i think i think it's
a lot yeah and i would imagine the team has some right carlo do any of those are they not revealed
or are they all revealed the ones the team holds do we know yeah so there's um there's there is
some that are in the treasury um that we've been using for the bodega.
Those are all unrevealed.
And technically there's, there's an allotment that we are, that we held back for the fractionalization portion.
The reason why that is because it creates, it gives us the opportunity to create an LP.
is because it creates uh it gives us the opportunity to create an lp um it also has the
and this is i would didn't want to reveal this but i'll just say it um there's potential that when you
get a bear out of the pool it won't be just one that's been in there before so there might be
an unrevealed one in there so that's the alpha but um yeah no we've got uh there's there's definitely more the total collection
is 8888 um and i think there's only maybe like i don't know some some some more over
4 000 that are out there right now nice okay oh people are anxiously awaiting this fucking tweet,
Kyle,
and I'm going to be in,
in the space in about 10 minutes.
And then they'll put the final,
they'll put the final mix out there.
Yeah,
I know.
I don't know.
They keep,
they just keep going in and out.
with the,
um, with the box.
So it'll be interesting to see where it goes.
And I already see some people bitching about the prizes that were in there.
And I'm like, Jesus Christ.
I mean, look.
I guess they expect the team to give them $100,000.
Yeah, they didn't put a lot of money in there.
You know, I guess that sucks if you're just going to compare them to the other boxes.
But, like, the reality is these are free spins that you're getting an allocation of a token to come in the future.
Better than them asking for money for a pretale, if you ask me.
Based on your holdings and gamified, pretale.
Pretty fun.
Yeah, I agree with you
people always complain about something
I do not envy being a founder
like Carlo's not even
a founder and I'm sure you get
DMs from people and you're like what the fuck
people like I couldn't imagine
being a founder and
having to deal with some of the
stuff that these people come at you with
it's gotta be you's got to be.
I think you just need to be selective about who you're going to entertain.
You know?
Yeah.
Is that why Joe hasn't replied to either me or you?
Probably.
A couple of dickheads we are.
But yeah, man, I think a lot of founders get into the weeds on like trying to bicker with every single fucking footder on the timeline or in a discord or whatever
and it's just not worth the effort like but i also think a lot of founders get put off by those
people too easily it's like dude just like show up for your community put the message out you know
speak to people and you know if there's something if somebody wants to fund in a way that's like
constructive and is a good point then like consider it and address it.
But when it's just like the same repetitive nonsense, fuck it.
Yeah, Stones was saying it.
It looks like it's actually a spin a day.
So like this, I don't know when it's because some people got through like 10, 15 spins.
So is it going to refresh every day?
That'd be fucking wild. If you're over
there re-spending every day, some of
these large holders are going to be fucking
they're going to be spinning their ass off.
They'll have to spend for three hours
getting that'll be insanity.
Or NFT.
You're saying per creepy hole
do you get one spin yes yeah holy shit that's that's
that's the way it looked like um a day uh yeah i don't we don't know if it's a day or not it says
i thought it says right here for free weekly prizes uh so seed phrase i'm on my 600 spin
finally yeah it'll be two hours yeah it'll be interesting
uh rocky what's up real quick and then we're gonna shut things down i was just wondering if
if maybe they've you know obviously they're talking with legal counsel and stuff um and
there still is regulatory hurdles even with with you know gambling Like, you're going to need to VPN out.
But I do wonder if there's some other...
When it comes to Rica, my friend.
Well, but I wonder if there's some other angle we're not seeing here
with the ability that, you know, not calling it an airdrop
and you're spinning to get these boxes or rewards.
I just wonder if there's something there
that people aren't really thinking about.
Well, I mean, you still have to go in technically
when you win something and claim that prize.
When you hit open and spin again,
you're claiming that prize so you can spin again.
But wouldn't that be treated, I mean, for tax purposes,
like if it was proceeds
from gambling, which is a basically line item on your tax return, is that different than an airdrop,
which is pretty gray right now about how you treat airdrops? Yeah. Most people don't even
really do the airdrops. They just do a claim. Yeah even even a claim right like what i've read from an irs
perspective is like technically when you go in and claim that is that's a tax event and and if that is
the case which which is from what i've read it seems like it is true you should sell it immediately
because say you say you there's the box again and then
you sit on that for six months and it goes to you know goes to nothing which that happened on some
airdrops well now they took away the the one cent uh the the usds tea great great so now it's
fucking copper penny in my asshole for no reason. Oh, now the box is gone.
It's gone again.
Yeah, right.
It's gone.
I'm watching it.
It's probably true, but I don't think any of us are like savvy enough to give you like
legal tax advice on gambling or anything.
I don't know, man.
I don't know.
And the term airdrop is almost meaningless anymore.
Anyway, I don't think it really matters.
Yeah.
Something as long as what matters is how it functions, I think, probably.
And regardless, even though you're winning this right now,
you're not going to be able to claim this until the DMT is about to TGE anyways.
And it's going to be the same way as you claiming your DMT that comes with your creep.
Because I don't think this is the only way you're going to get.
I think this is the only way you're going to get i think this is a bonus it does not cost them anything to give away another one percent of the supply of dmt
back to the community for free spins just to give us something i love the way it doesn't
it does carlo does it not carlo this is you've got this is nothing you're planning on putting
a bunch of money into a liquidity pool and then you give 1% of the tokens away,
did that cost you something or not?
No, this is...
I'm telling you, it's not.
This is nothing.
They put 1% or even 0.5% of the supply.
No, bro, that's why they pay KOLs and fucking token
because it's not money out of their pocket.
Because it incentivizes them to want to care about
how the token performs is the reason they do
that. Well, they
cheat it anyway, so it doesn't matter.
Yeah,
1% is nothing. That's what somebody else
said in there. But yeah,
there's nothing to really tax right here.
some big news regarding
Apple versus Epic, the ruling.
So Apple updated its app review guidelines with compliance in the United States court decision regarding buttons, external links, basically in regards to crypto assets.
So apps can accept crypto payments rather than routing through the apple
app store uh within a uh with a 30 fee so now you're going to be able to trade crypto assets
through the app store without having to pay that off-ramping fee to apple for 30 percent
um so mobile apps for nft marketplaces will allow buying and selling NFTs.
Which is massive.
How did exchanges get away with it before?
Because I mean, I downloaded the Coinbase app from the Apple store, right?
They were paying the 30% fee.
Coinbase was, I think.
Coinbase was.
So it's safe for like developers not having to pay that 30 fee to apple which is gonna probably have now an
influx of crypto marketplaces uh web3 gaming yeah like all kinds of coinbase coinbase was paying 30
percent of what it's 15 to 30 percent of the revenue on their on their app to my knowledge i don't think so that would make it
useless they would be in the negative on every single time every single time i bought crypto
they'd be fine apps can now accept crypto payments instead of the 30 fee off ramp that you had uh
they had to pay from somebody using per se Apple pay or their credit card or
something like that. They were having to pay 30% on that.
Now they can accept crypto, which is not going to fall on that 30% rule.
Well, that happened like last week is when that Northern California judge
ruled on the 30 to 40, the 15 to 30% tax.
And he's like, no more.
That's not happening.
The app review guidelines have been updated for compliance.
So it says regarding buttons, external links, and other call to action in apps,
these changes affect apps distributed in the U.S. storefront.
It says apps on the United States storefront are not prohibited from including buttons external links or other calls to action when allowing users to browse nft collections
owned by others so marketplaces essentially um and the marketplaces were incurring the fees
i think that was a u.s rule and in the eu that wasn't the case it was in the eu it was as well because they
i think they shut it down first yeah a few weeks ago i think they had to open it or a few months
ago they had to open it the eu like you couldn't download the amazon um amazon play store and you can do it now in Europe.
Now they did it here in the US
too.
I don't know where Stones
got this because I didn't see it
but I just pinned it to the top.
Stones has a screenshot
of the free spins with a 24 hour
countdown clock on them.
I was reading in the thing
they said it was an SP timer.
Yeah, it was like a timer for it.
But I hate the fact that they're saying SP timer
when they're not including all SP.
Yeah, what the fuck does this have to do with SP?
This has nothing to do with SP.
Well, each creep has a certain amount of SP.
But what about all the SP for secondaries?
Yeah, but look, I have four creeps, Kenny.
One of them's green, one of them's purple.
There's no delineation.
It doesn't matter.
I still got four free spins.
I mentioned that earlier, which kind of disregards the SP.
It's more so asset-based on creeps
and opposed to SP, for sure.
Yeah, so I looked this up about Coinbase, though.
It said, for instance, if coinbase processed 1 billion
in ios in-app purchases in 2024 apple's cut would be 300 million dollars but apple but coinbase has
never disclosed this information publicly of what they pay to apple so this is massive this is big
for everybody big for crypto anybody building work through games gonna go live on the apple store again this could have been a reason of why
they well a lot of apps are gonna start accepting crypto now you know well this could be a reason
why gta just postponed until next year because now they're gonna you know actually put hard rails in
for crypto yeah you never know what's that have to do with the apple store because
the mobile gta maybe that's a pretty i guess there could be a limited version on in an app
based game that's way too big of a game to play on your phone i can promise you that but that's
not to say that there's not like a gta mini bro stuff yeah yeah yeah there will probably be an app for you to control like
certain things like buying things selling things you know there's a whole bunch of apps that you
can buy things well i'm saying in the game like in the game so you don't have to sit at your
computer and do it you just do it on the app open the app and you you see your house you see your
whatever um look i just think why why does anyone compete
with apple and google like i i told that one thing i don't understand is these people token
gate basically their service like where's the third party coming in here and being like well
we'll make uh the same kind of thing but we won't have such hard rail. I mean, China tried to. They had Huawei and then we banned their phones.
So, I don't know.
Gotta have money, bro.
Gotta have a lot of money. Alright, cool.
Max, what's up, bro? We're gonna
shut it down.
Hey, Kyle, just as a Fortnite's coming
back to iOS this next week,
they announced it. I wouldn't probably play it on
iOS anyway, just because, like, I don't
know, I like having a big- screen, but it's cool that people
will have the option again and it'll be great for
Fortnite, right? That will turn into
a giant portion of their
revenue again.
And hopefully they'll be able to take that money and do really
cool shit like they always have.
Yeah. Honestly, I'm
glad that it's coming back because like this morning
I wanted to play the new Star Wars update
and I was sitting in the hospital bored of shit
and I wish I had it so like
you know situations like that like
damn I wish I had Fortnite on my phone
well you'll have it soon
and you'll be entertained in the hospital
or wherever
you're at strip club whatever
alright cool
Friday everybody have a good weekend
not sure if we'll be
the dayest interview I've ever heard in my life alright cool Friday everybody have a good weekend not sure if we'll be happy Friday
yeah
peace out
see y'all
