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SHILL UR BAGS OR GFYS
Recorded: Sept. 24, 2025 Duration: 0:52:56Space Recording
Short Summary
In a lively discussion, crypto enthusiasts explored innovative projects like SOAR, which aims to tokenize real businesses, and Star's unique fundraising platform that integrates live streaming with investment opportunities. The conversation highlighted emerging trends in tokenomics, emphasizing sustainable growth and strategic partnerships in the evolving blockchain landscape.
Full Transcription
Music dude please tell me you can hear me all i need here you know oh dude what a relief
i was like what is this space it was a sound space i was i was yapping dude were you bro
i was like wow he's going for a new space is this a new meta when
talks or says anything no i was straight up i was straight up like hey are you here and then
they wouldn't respond i'd be like okay this is the worst i was like are you here and then it was
just me for a long time i thought the same on my end i mean it's like half the time twitter just doesn't work so it
is what it is yeah well here we are um dude freaking what up captain beef what up man how
are you um so what's what the heck is that name dude what is that all about uh it's a
created moniker for uh running our project over here at soar so trying to keep the airline theme
all captain captain beef yeah it's a stupid child nickname but we're running with it i like it um
and it's with soar yes sir do we want to talk about soar we can do a quick little dive i don't
gotta get too deep i want there's a lot of people i want to talk to hereAR? We can do a quick little dive. I don't got to get too deep.
There's a lot of people I want to talk to here.
We got Mercy in here.
I want to talk to Star a little bit.
I don't know a lot of these people.
Functions here?
The only way to find out, dude, we just got to grill them, dude.
Yeah, that's what I'm saying.
Get in deep.
Yeah, I'll give a quick breakdown on us. So Soar, kind of how we describe it is an accelerator. We're tokenizing like real businesses. That's really the focus here. I know a lot of people want to bring real businesses on chain, but we feel like there's a lot deeper than just trying to recruit. You actually have to put mechanics in place that makes sense.
Um, and we're really trying, and we think we have the technology to actually align,
uh, real businesses and token holders for the first time.
So that's the plan.
Pretty confident in it.
Um, but talk is cheap.
You know, it's all about execution on our end.
So let me, let me get this straight.
You're trying to tokenize real businesses, is what you're saying?
Yeah, startups, medium-sized businesses.
We're talking to a bunch.
Kind of bans the full range.
So is this just crypto companies, or is this like all sorts of companies?
No, it's primarily focused right now.
The majority of the teams we're speaking to are Web2 businesses.
There are some Web3 ones, don't get me wrong, but there's a lot of really cool stuff startup-wise.
Well, let me ask you that.
How would that work, dude?
Well, you have to put in a token standard, token technology that makes sense to align both sides of the aisle.
I think a lot of people have tried it.
A lot of people, unfortunately, are building in crypto and are a little bit brainwashed by the things that we've, the mechanics that we've had in place for a very long time. And we fundamentally disagree with a lot of the stuff that, you know, we've
basically pigeonholed ourselves into a corner with, you know, these fair launches, 100% flow
tokens, a lot of that stuff, I think, doesn't really align with what a real business would want.
Flexibility when you're a startup is extremely important.
important. So what would be the advantages? So like, let's say I own a, let's say I own a
bakery and what would be the advantages of tokenizing it? Well, in our case, a bakery or
something like that, if you're looking to fundraise, so it would be a place for you to go.
like that. If you're looking to fundraise, SOAR would be a place for you to go. We incubate you.
We teach you how to actually launch a Web3 company. There's the social media side of it.
There's the Discord community management, all of those things. I think for a long time, we've
cried and moaned because the companies that came into our space were
moaned because the companies that came into our space were pretty poor for the most part.
And really our goal is to show these people what it means to be a Web3 business. And like I said,
give them the technology on our side that actually aligns their business with token holders, which
typically it's PVP, right? You're always fighting. Like, token holders are praying that the team doesn't dump on them.
The team is praying that token holders don't sell too early.
It's a really PVP environment right now.
And we're hoping, like I said, some of the technologies that we're creating are going to solve that for the most part.
Sweet, dude.
dude. That's a, that's a, that's a cool concept. I think that's a cool idea. Um, do you want to
That's a cool concept.
I think that's a cool idea.
talk about, uh, any of the partnerships you already have or is that, are you guys saving
all of that stuff for later for announcements and to create some excitement and hype?
Yeah. I mean, here's the deal. Like I said, talk is cheap. I can sit on here and, and shill. I
don't want to shill. I want to talk about some of the other projects, talk to some people, vibe it out.
We'll deliver.
We're confident we'll deliver.
But there's no point to sit here and shill our product forever.
No, dude, not me.
When I'm shilling stuff, I just shill it down people's throats, dude.
And I'm all talk.
Yeah, bro.
So, bye, retire on Solana.
We're going to retire our bloodline on Solana.
Retire the last play. Fuck everything else except ICM. I love ICM. I love Mercy. Bye, retire on Solana. We're going to retire our bloodline on Solana. Retire the last play. Fuck everything
else except ICM. I love ICM. I love
Mercy. Buy, retire. Good night, bros.
I love you.
Thanks, Sora.
Alright, dude.
Alright, good night, dude.
So, how big is the team?
Or are we just... Actually, you know what? I'm not going to ask you
any more questions.
Okay, so is it this one
called launch on soar yeah that's our handle all right i'm following it now um
give it a follow so you oh you guys are like brand new um just getting this going yeah we've been
scheming up for probably five months now um so it's a lot in the works. Like I said, I mean, the mechanics, the
app itself, all that stuff, figuring out mechanics around how to launch tokens properly,
it's taking a lot of thought. So I think a lot of people are thinking about it, right? A lot
of people want better opportunities in Web3. We want tokens that actually last more than 24 hours
and we're going to have to have fundamental changes and radical changes i think for that
to actually happen so well if you're partnering with web 2 businesses um i mean the token would
have to last more than 24 hours right because these people are going to be wanting to it's a
little bit different when you own a company in real life.
You're not just looking to pump and dump.
That's literally the opposite.
You're looking to maintain clients and keep people coming in.
Well, what really always irks me is,
is I think one of the big complaints that people always say is,
is that when you launch a token, it's like, you know,
for lack of a better term, it's like an IPO, right?
You get instant liquidity. And in theory, that instant liquidity should attract good businesses that
want to fund their business, run their business, make money, et cetera. And it also should attract
grifters and scammers like we do. It seems like for some reason, we only attract one side of the
coin. And I think the biggest reason is because
how tokens launch in crypto right now is fully focused on grifting and scamming. It's not
beneficial for a real company to come here. You're way better off raising a Web2 and staying in Web2. So if we align all the incentives across the board, if we give these people an opportunity to have some
flexibility, which a token, mind you, in a lot of ways is, you know, removing that flexibility,
especially if you have 100% float out there on day one, you know, we just get the worst of the
worst. So it's very frustrating. I've been here a long time. I think a lot of our team's been here
a very long time. Want something new,
want people that are trenchers. I've traded meme coins for a long time. It's a good time, but it's gotten to the point where it's so extractive. We need to go back to basically
building something cool again, kind of what we started off with this journey in crypto.
I think all of us inspired to change the world. And I feel like at this point we're, we're doing the dead opposite.
Yeah,
dude,
for sure.
I agree with you.
Let me ask you this.
You said you're,
you've been trading meme coins.
What,
what's one of your biggest wins and what's one of your biggest losses?
I want to hear both.
Actually,
I don't really care about your win.
I want to know about your losses,
dude.
Worst loss was stunk.
first salon of meme coin.
Not,
not a show at all.
I remember stonk, dude. I was up. not not a show at all i remember stonk dude i was up yeah a lot
of money seven figures use for meme contating what is that what'd you say dog who is built
for more actions for meme contating you use uh is uh is he talking to you captain you talking to me amen who are you talking to dog
i say which actions or platform for meme containing is best platform oh what what
platform's best whichever one has my rest yeah yeah yeah whatever one has volume no i mean
you know i use axiom at
the moment um i think uh there's some other really good padre etc and then obviously pump
has a pretty uh pretty strong pull bonk had a nice run there for a minute no dude actually i've been
bro i want to talk to the bonk guys um and see how they're feeling that they were like
battling for market share and then they just got absolutely obliterated dude uh they're on an
absolutely generational run there for like two weeks yeah i actually i i mean like the punk team
for what it's worth are extremely calculated very smart um like they they crushed it like it would
be cool to hear from from the bonk guys though and hear their perspective i i think that they're
not backing down they haven't backed down ever uh their entire career so i think they'll be back
um and i think that that story is not uh fully written yet yeah the bunk guys like ran nfts dude um they ran like the
whole ecosystem and then they ran kind of the whole bear market with bonk and stuff and then
i think this kind of just took them by surprise what the new meta was and
pump has way more of the the attention span than the attention economy than anybody else uh you're uh
you want to hear my theory on this no dude wait wait are you golfing right now dude i wish that's
tomorrow okay then we'll hear it dude so i think that's why they did the the launch pad the new
launch pad or like it's the same launch pad
but they have the you can launch with usd1 pairs now yeah my whole theory around that and why why
i've been bullish as fuck on just like bidding like usd1 pairs for the last like week or so
has been if you're sitting there as bonk is number two you've got a decent amount of market share
you're making like with what they've got 15 they range between like 15 to 20 sometimes down to 10. but like depending
upon if other launch pads are going but if you're looking to try to gain 40 50 or more
and you look you're sitting over there looking at bonk you're like damn these guys got a
fucking couple billion in the war chest and like what the fuck can we do to against that you
know the first thing i think of is fucking go find someone bigger and the only person that like
is probably really like i mean there's a lot of people bigger but there's only person i can think
of right off the top of my head who's bigger and interested probably really interested in crypto
after he made his first meme coin and probably made a fuckton on it is Trump.
Trump's probably sitting there like,
I made fucking X amount of millions on this meme coin
that I launched.
Well, what the fuck is this ecosystem about?
How do I do that again?
Oh, wait, there's a whole company
that actually launches other people's meme coins
and makes
a hundred million or more a month how the fuck do i get that how do i own that oh i just got a
partner with these other people i don't have to actually build one like dude i think it's like a
giant scheme i think they're gonna fucking cabal some shit anyways that's my harebrained theory
i think that's a very valid theory honestly what. What does that mean? Wait, hang on.
You didn't follow me, bro?
Come on.
No, hang on.
If you're in the trenches, you've got to keep up, my brother.
It was your last sentence.
Is this like a boomer thing?
Are you getting too old for the trenches, bro?
You said harebrained theory.
Yeah, it's a little harebrained.
Some people might be like, yo, that's crazy.
That's out of pocket.
But to me, I don't think it is.
What does that mean?
Harebrained? Yeah, you never heard of harebrained brain theory i've never heard of that in my entire life hair brain yeah it's just like a out-of-pocket theory that like may or may not
be possible it's kind of like a conspiracy theory but not government related just like
any type of theory can be a hair brain theory if it's like out there i it that doesn't that
doesn't saying doesn't make any sense okay bro i know it doesn't make any sense. It's okay, bro. I know it doesn't
make any sense. No, I don't like it.
I said it. It's too bad.
I don't like it. Out of pocket
makes sense. Alright, well, it's an out of pocket
theory. There you go. How about that? Can we move on?
Alright.
Hey, you know what? That is an out of
pocket theory, but I like it.
I like it too. That's why
I'm betting on shit. If it was a harebrained theory, I wouldn't like it yeah i like it too that's why that's why i'm bidding on shit
if it was a harebrained theory i wouldn't like it but out-of-pocket is a good theory
all right well i'll text you my bag so you can show them later for me yeah dude so
so are you guys are you guys pretty heavy in aster please don't mention aster oh my god
please you know what's funny is I keep,
I'm personally not.
I've had a lot of friends that may have and say they killed it,
but I,
I missed that wave.
I feel like I missed the whole like on chain wave.
This,
this cycle,
I feel like a boomer in that realm,
like hyper liquid and all of it.
The only one I was in like decently early was Quanto.
Once I saw the trend for me,
I started to look for the solana one
yeah i i don't know if i everyone who's in aster is just like super bullish on it says it's going
to a hundred dollars etc etc um i'm just content missing this one uh i think i think it just is
what it is i don't know how long it'll run or
um even if people want to call it a crime token with cz i just i don't really care
um but i i completely missed it and i was shielded down my throat
below 50 cents for like days on end yeah but completely missed it um let's go to I don't know this guy
Alpha I'm not following him but I don't know if you guys
Know him but I like your profile picture
Alpha what up dude
Yo yo yo
Yo yo yo
You guys hear me right?
Yeah dude
I appreciate you bringing me up
Was that what you raised your hand for?
No, no, no, no
I just wanted to give a little, you know, hello, how you doing?
They don't want to go right into the project, you know
Oh, you got a project to shill, dude?
I think that's the name of the space, right?
That's what I'm talking about, dude
Alright, Captain
Captain, I don't know if you
Captain Beef
Andrew, he's the co-host um ideally
he doesn't talk because he's got a terrible accent um but he's gonna help kind of girl
alpha and i'm expecting you to as well captain and i'll be here awesome um so yeah i saw this
project yesterday the big-eyed white ape that you might have seen went up
to like a million and um a lot of volume it was number one on decks for for a minute and uh no one
was doing anything on the team and you know and they were kind of leaving it to the dev because
it was launched by a big lp who's provided a lot in Trump and other tokens,
like a very big LP, millions.
And it was his first launch.
That was the lore at first.
But then it was rugged down.
And I mean, it was brought down to under 200K.
And no one was doing anything.
And I kind of just CTO'd it because I got a community vote
and stayed up for seven hours to get the approval.
Spent a lot of my own money, you know,
from the Dex purchase to Boost to Moontalk to Mobi Screener, you know, and then I pledged to
them that I would, you know, all the rewards at first just to help the token, I, you know,
I'm not going to replenish myself maybe down the line, but everything would be used for,
you know, marketing buybacks. So, you know, we got some volume picked up.
We did 10 million in buybacks so far that the community is voting on to either lock,
send, you know, we're going to get a vote there.
We've added some boost and, you know, everything's kind of being voted on.
Got a nice little team and, you know, just seeing what we can do here.
And I think that the lore is there, the big-eyed white ape.
I mean, you haven't seen an albino ape anywhere with blue eyes.
Has the volume, it's still on trending.
And if you've got a team that's based enough, you know,
and with the pump of awards now, how they're pumping out, you know,
you could really do some damage.
So just want to let everyone know.
I actually put the post up on the, you know,
just a quick little thing that you could see the community
the website was just made it's linked to decks now i'm gonna get uh decks tools now and you know
do a couple other things but you know just wanted to shill it how much how much of this do you own
myself yeah uh let's see i have like three percent between two wallets oh it's not bad dude i wouldn't get
out of bed for three percent and and i mean i just i got in a little late you know i wasn't
and i kind of was just like no one was doing anything i aped it on and like i was like
felt bad for people too almost like and i was like fuck it yeah this is kind of what i do it
doesn't always work out well for me uh because you know, that's just how the space is.
But sometimes you get a good team and good people to help you push it.
Alpha, can I ask you a question, please?
Yeah.
Did you say there's been no albino with blue eyes?
It's gone to a million before and that's your reason for pushing it?
Because if so...
It wasn't my reason i just again it being
trended and and i kind of just took it over yesterday to keep up no one was doing anything
on the team and there's a lot of community members that still wanted to push it so i kind of just
stepped up to do it when no one else was i may be a cynical but i i i simply don't understand i feel like if you cto
something goddamned if you do and damned if you don't you're almost better letting it to
to die of natural causes so to speak than to continue pushing the uh i mean yeah i don't
care in the money to be made like from the reward it's all going to the coin so like
you know anything that's made on it and to go with the community wants to do with it
so again it's not like every other dev here or someone who launches it just takes the the rewards
and i'm more saying you you seem like a genuine guy and i'm sure you've got good intentions but
it you know like any coin will come to a point where it will probably have a huge correction
and then you'll have people in your dm saying why the fuck are you not pushing it why aren't you doing this or that and and all
the classic shit and it's you as someone who's tried to do something good for the community is
going to end up facing the brunt of the oh brother i know dude i've been i i know i'm a good guy in
the space i get it all the time you know i get people believe me i know how it is i still do good by people and i don't really you know not me but not me man i've i've um i don't even
i don't think anybody's ever even said a compliment to me uh ever and i wouldn't even say i'm a good
guy in this space i'm probably a net negative that's bullshit dude. I tweeted three years ago. I like King fun Fudzo. Oh, yeah, he's he's the worst
So I heard your dog shit traitor fun dude. I've been bearish I've been bearish on King Fudd before it was cool
That's why I came up here. Yo function you owe me money, dude
I bought your shitty ass coin at like two million dollars or some bullshit. I'm down astronomical
No, I was Like two million dollars or some bullshit. I'm down astronomical
You wouldn't be contributing I mean you should probably matter the person told you it's going to 50 million and you should be polypatient because I'm working my fucking ass off We actually
Serious note on it. I'm more constant really fucking
Well, keep being mad at
I guess $80 80 bucks. Yep. Oh man, I'm sorry that you lost 80 bucks. That sucks
You need a maybe I'll buy a hamburger or something. How about that? Let me know the bed mommy
No promises, but
I'm gonna be honest dude
I'm going to be honest, dude.
Sweet.
Great conversation.
Conversation that's gonna be you dude. Oh
That's going to be...
Fuck you, dude.
Fuck you too, brother.
Oh, Alpha.
Alpha left.
Yeah, Eddie jumps off.
You know what?
I didn't even get to be mean to him.
I was going to tell him that was probably the worst meme coin shill I've ever received in my entire life.
So, Alpha, if you're still listening, that was terrible, dude.
I had no desire to buy the token even in the slightest isn't this
supposed to be fun i don't know man i i love a good mild conviction play you know yeah good cto
mild conviction play always a good play was a big cto i also saw that on the pump they were
screaming that they already stole i want to do right by the community snooze that was i want to do right it's not about the money
um anytime anybody talks about a meme coin and they say it's not about the money okay lie like
we're not we're not 12 years old and you're selling us like a candy bar like we're we're adults
we're doing meme coins for the money at the end of the day, right?
Like, isn't that why anyone does anything?
I mean, if you want to do good, just donate to charity.
You'll do more than giving more money to fat fuckers like FUD.
That's the second. Yes.
You know what?
I will say everyone who's put money in my wallet, I've done nothing but help them lose it.
So, I mean, at least we can, you you know confidently say that now as opposed to we're
trying to do good by the community um and you know what sucks about meme coins is if you launch one
even if like 25 of the people take profits and actually make money you will never hear from
them ever again uh you'll never hear from them. They'll never have your back while the 75% who are down,
they will grill you and shred you to pieces.
But the other 25% that made money, they are dead silent, dude.
No support.
Fud, you're sucked ass.
You're sucked ass.
I'm just telling you how it works, dude.
If you ever lost one.
You're sucked ass.
Hey, if you see...
So, Function, like his token,
people made a bag off that really quick.
But those people won't...
They're not going to admit it.
You're just going to get...
Literally none of them.
You're just going to get feet up here saying you owe me $80.
Yeah.
I'll admit that I've made money on Function coins.
I didn't make any money on Function's coin.
I lost $86.
Yeah, we heard you, brother.
We heard you.
Hang on.
We fucking heard you.
Hang on.
Well, let's get this straight.
You put in...
You're not even a good golfer, Function.
Like, come on, dude.
Who also puts $80 into a coin at $2 million?
Shut the fuck up.
Who the fuck are you?
I'm a better golfer than you, dude.
Come on out and play. Let's do it.
Buy on out.
You're going to have to buy
the game for him, dog.
He's going to have to buy his plane ticket, probably food,
probably drinks.
Bro's crying about $80.
I don't drink. I just drink water.
I'm not a faggot.
You sound like a faggot.
Hang on.
No fighting. No F fighting words up here dude um
first of all okay first of all don't ever say function's not a good golfer because he could
beat me by 20 strokes and then you're that just basically means i'm a terrible golfer and that
hurts my feelings so he can't beat me dude i'm I'm shooting, like, 93 right now. That's terrible. Function just shot, like, an 80 yesterday, dude.
He's still a pussy.
I'll beat him, dude.
Okay.
Well, I guess you're including the 20-stroke handicap.
He's got you by seven, Function.
I'll give this guy 30 strokes on the court, so he'll still beat his ass.
All right, man.
We got to go.
But I do have to think I want to show real quick.
I have a feeling I know what it is
Yeah, so number one is the Aster referral link up top
Number two, Bitcoin Puppets
And number three, Fartcoin
Wait, hang on
Fartcoin I think is over, dude
Relax
No, let's talk
Captain Beef, you're a trader
Do you own any Fartcoin?
Nah, I did
I don't own it anymore.
It's over, right?
The hype of fart coin is gone.
It's over.
It's not funny anymore.
It's not.
The hype of fart coin is done, dude.
Now, honestly, honestly, Wintermute touched that token, and it's been down only since.
So, I pray for you.
It is a bit true, but it's still going still going to ten dollars it's not dude i i hate to be the top is in with fart
coin it's just it's been in i i still see the same people shilling it i don't even see anything
new about it ever um i guess time to just come to grasp that
it's you know it was silly it's not anymore it's a coin like pepe mog it's established itself
as a consensus trade amongst all of ct there's not one person who doesn't know about far coin
it'll have its day man don't oh yeah it already had its day. No, it didn't. It already did. And you know what else had its date?
Mog.
Mog is a gay coin.
I totally agree.
And Mog's over with all these coins that ran.
They're done, dude. It's over.
And I still hold a lot of Mog, but yeah, it's a frat boy coin.
Okay, we got it.
Captain Beef, who do you want to have shill next?
Wait, you don't want to talk about Bitcoin Puppets?
Nah.
I'm over Puppets too.
Sorry.
Mercy, Star, either one?
Oh, not the deep.
Throw Mercy up, bro.
Throw Star up.
Yeah, so I think...
Yeah, let's do Star. Freaking what up, Star? Wait. Hey, wait, time out, time. Throw Star up. Yeah, so I think, yeah, let's do Star.
Friggin' what up, Star?
Wait.
Hey, wait, time out, time out, time out.
Captain Beef, do you know Star?
We've chatted a little bit in DMs, yeah.
Okay.
I don't know Star.
The one thing, I'm already actually a little bit mad.
Your symbol isn't a Star.
It's like a Phillips screwdriver symbol.
It does look like a screw
now that I'm looking at it.
You're actually totally right.
Looks like some shit I'm going to strip.
Someone go secure screwed up on right now.
Exactly.
I'll pass it along to my designer.
You can sort it out.
All right, let's hear it.
Star, what are you guys doing?
Yeah, thanks for having me.
First of all,rew's accent is wonderful
so i don't know why you said it's trash it's delightful to listen to um
i really appreciate that is that it that's it thank you that was a bad take
this is a terrible take i can't believe that was your intro star star you'll stay i'm sorry yeah thanks gotta win one of you two
over i guess um but yeah my name is adam i'm uh the ceo and founder of star uh we're building a
live streaming fundraising platform on solana for startups and founders so basically uh they go on
our platform they launch through what's called a range range presale, which basically allows them to set a minimum amount of funding raised, a maximum cap, and then a period of time.
And then from there, they go into a token launch if they succeed at their fundraise.
We saw that, you know, there's tons of demand for founders and startups to come to Solana, but there's not the right mechanisms for them.
So back in the end of June, we did our own fundraiser first.
Over a period of seven days, the first five days we raised 10K, who was not looking very good.
And then we turn on a live stream and it was the three of us, three co-founders in a room like building, hustling like crazy on spaces, pitching investors, founders.
hustling like crazy on spaces, pitching investors, founders.
And we basically turned on a stream to show what was happening.
And the whole thing went ballistic.
In 48 hours, we raised around 450K.
And so that's kind of like our lore since then.
We're really bullish on the intersection of live streaming
and startup fundraising.
We're hosting these live events called The Shot, which basically is like Shark Tank,
but the audience can also invest.
We did our first one a couple of weeks ago.
We had Soju from Meteora, we had Mercy on a couple of other really great Solana names,
and we had a team raise 350K in an hour.
We're now getting ready for our next episode with a whole new cohort of teams, much more
crypto native. Like we're generally more focused on crypto native founders
than like, I guess, classic ICM or Web2 founders.
We just noticed like it's difficult if you have to sell people
on the idea of having a token in the first place.
Also regulatory wise, I think what Soar is doing is really important
because there's a lot of like opaque and gray areas right now that, that many founders just don't feel comfortable stepping
into. So, so yeah, we're also investigating in that direction. And then yeah, that's,
that's pretty much us really trying to be the best launchpad and fundraising platform for founders.
That's cool. So let me ask you you this when you said you had 48 hours where
you raised like 450 000 um yeah what was that like right during like last week when all the
ccm stuff was exploding or when was that uh no this is before before pump ccm thing this was
uh the very end of june like july 1st pretty much okay and then
let me ask you this obviously they get excited they get hyped um you know people are buying
into this live stream what are you seeing right after the like the tokens actually launched are
you seeing a pretty quick dump are you seeing any growth? Or what's been the response right after that?
Yeah, so the first team that we launched, Studio, is their token.
They are building an AI-native venture studio.
Their whole thesis is proactive AI tools and context-aware AI tools.
So basically, AI tools that know what your business is about
and take action for you. And so their raise went really well, but post-TGE, their token basically
dumped. And so we were thinking about how we can solve for this. And what we're releasing now for
this next cohort of founders is kind of like a like a new system so it's basically a vesting
contract where um investors people that buy into the sale they go on a vesting contract
but it's not just vesting they're also entitled to a share of trading fees that the token is
generating as long as they're on the vesting contract so it's like a vesting contract with
an additional incentive wait and so hang on in like 10 words or less explain the vesting contract with an additional incentive. Wait, hang on. In like 10 words or less,
explain the vesting contract to me.
Yeah, so you buy a token, right?
You get on vesting.
That vesting has a percentage unlock at TGE.
So let's say 50%.
And the rest is unlocked linearly over a month.
Throughout that month, you're earning a percentage of trading fees
that the token is generating.
So you're actually earning what the project will be earning
in trading fees.
Are there buy-fuel fees on the tokens?
Yeah.
Yeah.
Copy.
So, yeah, we did this because we just noticed that, like,
pre-sale investors have really little incentive to hold on to the token.
If there's any like lack of certainty, they'll just dump it as soon as they're in some positive.
So we're introducing this vesting mechanism to basically align like timeframes of a real startup with holders.
That's called Solana.
I don't know if there's any mechanism that can change that.
But yeah, it's just the blockchain itself the i think that mechanic's really cool by the
way star um i actually really like that the just to jump in here like i was just talking about this
with someone on our team but like early traders like i know like hold times on solana like look
like shit i think that that's actually less of the issue than
the fact that there's just no buyers later on in like life cycles of a token like that's pretty
standard like at the end of the day we've had snipers since each days we've had snipers forever
right um there's always going to be people like copsy where he feasts on very early trades um we
just don't have on solana right now, like people that are coming
in and buying tokens after the first couple hours, which is super, super frustrating.
And like, you have to find mechanics, like what Star is doing super cool,
that allows for there to be an incentive to join later on in a token, right? like not like the first 20 minutes yeah for sure um and i think if like you know that everyone that's in a pre-sale is like vested
and is aligned along the same time frame then that generally reduces a ton of cell pressure
and then you can have just healthy speculation after the token goes live from everyone who
didn't want to participate in the pre-sale. But yeah, we're experimenting with this. I mean, it's Mercy, we had a conversation
about this like last week. He's like, you know, the art of token launches and fundraising is a
high science. And he's very right in saying that. So it's obviously going to take some experimentation
until we really figure out what works. But we're generally just trying to build mechanisms that
attract smarter money uh and therefore also smarter so you equate the pitches
to like a demo day at YC like is that what you would expect them to feel like
um I think more like Shark Tank honestly um our first episode was like you know very much an mvp
i was hosting and like running the live i remember watching yeah i thought you i mean i thought you
did a good job um for being the first one that's kind of tough to walk into like you walk in your
own shark tank yeah yeah thanks um but yeah now we have like a like a live stream uh producer who's
uh basically running the whole show in the back
and making it sexy with like transitions
and like team intros and things like that.
So we want it to feel really like an experience
for people to watch and also participate in.
And yeah, this is a concept that we'll be running
on a biweekly basis going forward.
When's your next launch?
TBA, we have programs that are being audited right now and so just depending on nice you're releasing all these
new mechanics first yeah very exactly yeah but i'm curious to learn more about soar i mean we
haven't we've have chatted over dm but really not a lot yeah we got to get on like a a private call
and i can give you like i don't want to i mean we have so much documentation and stuff privately right now
um just trying to solve all these mechanics and like frankly like just to be straight up honest
we don't know how every single thing's going to play out i can make some predictions i've watched
token launches for long enough i know how things will operate to some degree like yeah it'll take some tinkering i think i don't think we'll have
it right on day one i think we'll have the majority right on day one i'm hopeful um so
sorry i just had to interrupt uh it was turning out to be a personal conversation
uh for a second there thought i would interrupt and get the vibes going
yo kingford how's it going man uh dude i will get back to everyone shilling their bags but i just
wanted to point out one thing i don't know how i ended up being a co-host with someone that has a
cat uh cats on crack pfp in 2025 and has misspelled Jew in his name. King Fudd, how did this happen, man?
Well, first of all, Dadeep,
if you were important,
you'd know that Fudd's mic isn't working.
But you're not, so you don't.
Because I was told far before you were.
So, first of all,
let's all understand the power dynamic going on
that Fudd doesn't trust Dadeep and his...
And look, Dadeep is...
God, I'm doing...
Good boy.
Good boy, Dadeep.
You raise your hand, you little bitch.
I'll let you know when you can speak.
For now, that was a personal conversation.
And I think it was good you interrupted.
But from now on, Dade deep you you messaged me personally with my shitty keton crack pfp worth four four and a half bucks
whenever you want to speak because I know for for a fact that your your pfp is probably worth 40
bucks or whatever I haven't checked yeah I did like I did You are still stuck in 2021. You don't know how...
That's $1,000?
Oh, Dadeep, look at you.
$1,000.
That's something big.
Well done.
Dude, Indians are getting out of the hood now.
Well done, you.
Look at you go.
Anyway, I'd rather speak to people that i find interesting
um so the deep you can stay muted thank you very much um uh i'm trying to think who i want to
mercy yeah mercy hello um i'm begging you for mercy yo yo what's up guys what up yo what's up
adam bro good to see you on stage yo what's up, guys? What up? Yo, what's up, Adam, bro?
Good to see you on stage.
Yo, what's up, Andrew?
It's been a minute, brother, since the scale days poppy children.
It's really great to see you, man.
What's up, bro?
I heard some good news.
I heard some good news from you, from Astro, from the SOAR team.
I was really fucking stoked to hear that you guys are in bed.
I got pilled by Astro on SOAR.
Captain, I know we haven't met yet, but I'm pilled.
I really like your DRP standard you guys are building.
I think the legal standards for tokenizing equity on chain
is a really, really good thing.
And I think I've been saying this for a hot, hot minute
that honestly, what's going to make equity get tokenized on chain
is going to be a legal standard that matches a SAF or a SAF.
And I really like it.
I'm a little annoyed you guys are patenting it, but I understand.
I understand the competitive edge, but the purpose of ICM.run is meant to be a public
good.
I was behind a lot of successful Believe app launches, many of the mentors and contributors
to the ICM.run dollar are as well.
And essentially, we want a brighter future for ICM.
I was initially raising a fund.
I wanted to explore tokenizing equity when I saw a lot of really smart people evaluating this back in like April and May.
Then obviously with the boom from the SEC providing Project Crypto to the market and even more bullish news from the SEC, this has made a lot of liquidity that's outside of the United States come back and fly into the United States.
And, you know, while I was in the process of raising for the fund, I just saw this gray zone even shortening and shortening and shortening.
Then I wanted to create an environment for me to invest and support high risk new primitives for
ICM. So that's what ICM.run is. We are an incubator. We were launched on dallas.fund.
Save me your sentiment. I like the tech. And essentially the purpose of us is to back high
risk new primitives that are tokenizing on whichever launchpad. We're a launchpad agnostic
DAO. That just means that there's no alignment to any launchpad by fee structures or anything. We launch projects where they launch
best, period. That's it. And the requirement to be a part of our DAO as a mentor was you had to
have launched a project that reached over a 300 million market cap or a combined 1 billion across
multiple projects. I'm not going to show you my mentor list. It's available. It's public.
I'm not here to show like icm.run as a token.
I'm just here to say that like icm.run is a public goods for project for backing really
amazing ICM teams.
We have around 125 applications that are coming in through the DAO, through our incubator.
We'll be bringing those to market over the next four to eight weeks.
four to eight weeks. We got some really amazing teams that are coming to market.
We got some really amazing teams that are coming to market.
I'm seeing a lot of those like 2021 to 2023, like off-chain BC back web to 2.5 teams now
starting to migrate to properly on-chain. And I just think this is the proper way. The capital
formation is here. And I'm really excited that ICM is here. I think one thing that's important
to me when I'm considering ICM projects is how deep
that team understands the Solana trader psychology. The only reason why ICM is a possibility is
because PumpFun paved the way. This entire ICM narrative really just came from the fact that on
PumpFun utility projects, we were able to launch their project into a more liquid market and circumvent
the VC rail. I'm obviously really bullish on this. I like Soar a lot. I had some real, I got completely pilled on, on Soar by Astro. I had like a fucking three hour long
phone call a couple of nights ago. And I mean, I really grilled him. I mean, that was love.
Cause I'm honestly really unimpressed with a lot of the LARPs that are in the space at the moment,
like presenting themselves as some new type of ICM products. I'm talking new tokenized asset.
And there's a lot of these guys that are like presenting themselves as something that they're
not. And I'm deeply bullish on the technology that's going behind it. I have some long-term bets I'm
looking to make with my fund that I'm launching in the next six months. Some of those things look
like security on-chain, LSTs on-chain for backing more highly liquid assets like when public stocks
tokenize, yada, yada, yada. But ICM.run, the way it works is if you own our ICM token, you own a
percentage of the DAO, treasury, every project that we incubate, we'll be putting one to 5%
of the supply into the treasury. When the DAO ends, the entire treasury will be distributed to
all the token holders, quite simply. One of the utilities of owning our token is we have a lot
of projects that are doing early stage presale. So the whales of our project get allocations into
new speculative primitives.
Some of those primitives are like RWA tokenization platforms and other types of ICM tokenization
platforms that are coming to market that are ICOing and or actually fair launching as well
through some type of pre-sale whitelisting mechanism. That's the general thesis. I'm
a passionate enjoyer of ICM. I pay attention to every single thing that's like ICM coded.
Yeah, that's Mercy.
That's me.
Smart guy.
Dude, this guy's, like, the M&M of, like, founders, man.
He just, like, started rapping and, like, completed his, like,
10-page long shill in, like, two minutes.
Absolutely phenomenal, Mercy.
Like, this is the kind of pitches uh that we
need uh in this space straight to the shit no more um rambling around um and you we do need to go to
um captain beef here uh to more about his project um to see if we have more questions
we're talking about show your bags or get the fuck off stage.
So please tell me in your, in your bio,
you've got doing things launched on saw on saw.
So please tell me, what are you doing?
Yeah. So I think we covered it earlier, but, uh,
the real quick shill is, uh,
we're an incubator that connects real businesses with a tokenomics model and technology that allows for them to tokenize properly.
And, you know, functionally on chain, that makes sense for aligning both token holders and the team is the quick shill.
I don't want to get too deep into it, though.
Where do you see the top?
As in, we all know the dot-com bubble. Some of us
weren't alive. I'll admit it.
I wasn't alive for the dot-com bubble.
I was four years old.
Instead of investing.
I was five or six, I guess,
at the time. In terms of tops,
I think
RWA has a long way to go.
If you consider ICM
RWA, which I really do, I think that we has a long way to go. So if you consider like ICM RWA,
which I really do,
I think that we're so far
from actually being a top.
I don't even think it's even a bubble
at the moment, to be honest with you.
We're very, very far away
from this actually being a reality.
I think a lot of the teams I've spoken to,
not like in terms of businesses, but just teams that are actually
tokenizing stuff. The big issue that they've run into is that there's a lot of demand to tokenize
stuff. There's not a lot of demand to buy those tokenized things. So when that happens and there's
just an influx of capital on chain, which will probably be in the next two, three years, probably,
and I'm already starting to see it, that's when you'll probably be scared and start to run.
I want to say also too, I think that one of the challenges that comes around like why people are not trading these post TGE is also just like a reflection of like Launchpad ecosystems.
One thing I'll give Believe After Flowers for is they've built a really good like post TGE
trading environment for people that are looking for ICM tokens. But I think my favorite question
to ask every new ICM founder, every new ICM launchpad is just ask you, where do you go to trade them?
And the answer is always the same.
Nothing.
There's no answer.
So like one of our goals with ICM.run is we're partnering with Deck Screen or AntMobis Screen or two to help build benchmarking environments for ICM tokens.
Because if you ever invest in startups like the Web2 space or even real estate, benchmarking is like a baseline.
Running comps in real estate is how anybody creates arbitrage of value.
And the same thing with startups, right? So the ability to be able to compare one ICM token to another,
like I consider KOL scan just as much of an ICM token as I would compare like dupe or as I would
compare, you know, like your next favorite ICM token. The issue is that the current, you know,
primitive mechanisms that are being deployed for these right now, like buybacks or, you know,
wind flywheel type of shit, which I think a lot of times is just trader, trader narratives, which kind of are probably closer to like wind, deck screener
boosts that are like kind of fueled by traders. But I think the other things that are important
are like, you know, like when you go on like a platform like micro acquire, right, a platform
where you can like buy startups, right, there are like things that you that you intrinsically
look for. And I think the ICM space, there's a sincere issue with indexing and being able to
benchmark these ICM projects. And one thing I'm really stoked that you guys are doing with Soar is just like we at ICM.run,
like our goal is not just like pump ICM bags. It's also just to make sure there's like,
there's a framework for post-DG trading environment. And there's only like really
one place people are going for at the moment. There's a couple of streamers, I think they
actually might be in this space right now that cover like every single ICM project in depth,
but that's just not enough. We need indexing. We need the ability
for us to be able to have a launchpad agnostic indexing environment where we can compare
one ICM token to another and people can make a speculative bet on which one has more upside than
the other. And those are just, again, reflections that the launchpad isn't responsible for solving.
These are just co-ecosystem necessities for this to really break further past, right?
some necessities for this to really break further past, right?
Everybody here wants everybody to buy their bags post-TGE, right?
But we're buying ICM bags in the same place that we buy something with zero intrinsic
value other than IP, like meme coins.
So there are a lot of things, a lot of gaps to get filled that isn't solely just good
TGE technology, which again, I'm not trying to dunk on Soar.
I actually really do like your guys' model.
And Godspeed, I really hope you guys break the system and create a new narrative with DRP. I think it's like a really
good model. And also there's other teams like MetaDAO too, which are experimenting on like,
I would say like they're at like two out of 10 using Photarchitect essentially to like create
like these new DAO LLCs, which, you know, I think are a little bit primitive in the moment. And I
don't know how much that would hold up in court, but I think what the only thing that's going to
carry the sync bar is if we all come to a consensus on a legal standard for these things.
And we also create an environment for the token to be compared post-TG.
Because frankly, when you just twap a coin out on belief, or you just twap a coin out
on bonk and call it an ICM token, the trader really has no way to really deeply understand
what goes behind that token.
And there's only really one token launchpad at the moment that understands this.
And I would say that they haven't hit perfect product market fit, but it's time.fund.
You know, when you go trade a time, or you go on time.fund and trade like a time token,
right, hypothetically speaking, there's an Anthem token on there.
If you go on Axiom and search this token, this token is there.
You can go trade it and find it anywhere.
But if you sign into this platform, you get to see like what the value unlocks.
And I think that that's one of the core issues with a lot of these ICM launchpads at the
moment is that it's not really clear to the trader what value unlocks. And I think that that's one of the core issues with a lot of these ICM launch pads at the moment is that it's not really clear to the trader
what value unlocks this particular, this token,
other than it might be a startup,
there might be revenue,
they might have enough money to buy back this token.
They might go viral, maybe, we don't know.
And even the projects that do go viral,
I'm not going to name names because again,
these are all primitives,
like the early teams and the cowboys.
And I respect anybody that tries to move in a gray zone.
Like there's been teams that have been able to do like AAA, like entertainment partnerships that just can't move the needle.
Because honestly, there's no way for the speculative Solana trader to like quantify that value yet.
But there's a lot there that needs to get filled.
And I'm obviously stoked on what you guys are building.
Appreciate it.
Yeah, I think that the big thing that we need to solve
is like something's only worth
what someone else is willing to pay for it.
So you basically need to put in constructs
that allow for, you know, I mean, in our case,
what we're really trying to do is motivate
and incentivize the team to have a reason
to be invested in the token.
Like right now you go launch a token, most teams
have their own equity, they own all of their company, they launch a token and the token
is basically their slush fund. They have no losses, they have no reason to hold onto that
token other than just try to get max value out of it. So you have to find a way to incentivize.
Flywheel sounds stupid, but there are ways I think that we can use the flywheel mentality more akin to like stock buybacks.
Yeah, you have to match trader expectations at the end of the day.
Yeah, I agree.
I think there are ways that it can be deployed more reasonably.
That's like, you know, at the end of the day, like startups need to be extremely selfish with their money.
But unfortunately, the people who are mostly attracted to ICM pursue ICM as an exit model, not as like an entry model for crypto.
Yeah. Like, I mean, how the fuck are you going to ask a startup that just raised some capital to start buying back their token month one?
Like such an unrealistic expectation, to be honest with you.
It's like comical.
Paired with the fact of flexibility is so important in this space and just in startups in general, right?
Like how many times have you built a business and, you know, three, four iterations later, you actually find product market fit.
Yet in crypto, we're just like, nope, you're going to build something and day one, you're going to stick with it and you're never going to be able to pivot or change.
So giving teams flexibility is another way I think we can attract good founders.
And at the end of the day, good founders will find ways to win.
Bad founders will find ways to lose.
That's just kind of my mentality about it all.
Guys, I love the conversation.
I love all of it.
But Fudd is completely deaf.
And he's asked me to wrap it up. uh to end it on a high note he said this
end it with this jokes what did the fish say when it ran into a wall
i don't know what did it say andrew the answer is damn he then said, great joke. Gets a laugh about a quarter of a time.
And on that happy note, well, I'm saying way more than a quarter laughs.
That's really impressive.
On that note, I'm going to tell him to rug the stream because... Thank you.
