Thank you. Thank you. Hey, hey.
Can't complain. Pretty pretty good how about yourself all is fantastic let me just set up everything
i've been out most of the day today so i missed out on uh a bunch of things on uh
ct i don't really know what's going on
i think everybody's just hyper watching james wins uh perps yeah yeah it's so frustrating man
like the whole feed like especially a couple of days ago now it's uh it feels like it kind
of calmed down a little bit well he's chopped himself down to like normal size now yeah
it's kind of crazy to see like uh you know
up 90 million and then giving it all back dude but i remember how many of us can relate sorry
i keep interrupting you but like no it's okay we can all relate on our own scale yeah you say 90
million and my brain immediately thinks you're just like you know exaggerating just some made-up number i know right weird it's kind of wild like 90 million dollars that's like you know like when when
ct is talking about like generational wealth and stuff like that that's like this is generational
yeah 90 million is actually enough to retire yeah like 19 million is enough like to make sure that
you will be remembered for generations to come
you know what i mean like yeah we had this guy and he like everything is thanks to him but i mean
let's be honest dude on chain he will be remembered for years to come for a different reason but
he'll be remembered for days to come on yeah i don't think i i think it will be forgotten unless
like we'll you know sometimes
people remember oh we had this guy who like lost a bunch of money but i think this will pass pretty
quickly because like you know cd has a memory of a goldfish i don't know one of my favorite memes
is still alex weiss in the hospital um but i don't know this one doesn't have that same virality
you're right yeah i don't know there's something different't have that same virality. You're right. Yeah, I don't know. There's something different about him.
First of all, there's a lot of delegations about him being a scammer or something like that.
Or showing microcaps and stuff like that.
I don't really know what's going on. I don't know what's true, what is not.
I have nothing against him. It's just really funny and and like insane for me to just
watch um the tilts like it was very easy to just see like this is what a tilt is you know like
obviously like you see the guy withdrawing like 50 million like you know being all oh i made so
much money on twitter and then the next day when he's like super underwater and gets liquidated he
deposits the same 50 million back like yeah this yeah, this is, that's a tilt.
Yeah, at first I was entertaining the fact,
and I guess theoretically it's still possible,
it could just be a very good show,
that like it's kind of smart money disguising itself as dumb money.
So like essentially like, you know,
trying to have people hunt it to get fills.
And like theoretically it could be possible, you know, like a people hunt it to get fills and like theoretically
it could be possible you know like a large entity could be just trading other accounts
and kind of like using this to bait people and i guess like a piece of evidence would be the fact
that he keeps going within 20 of liquidation and not getting liquidated but it's just hard to tell
it's hard to tell the thing is that um i feel like first of all like liquidation hunts um if anything they're
very isolated events um like you know you would see it on that particular exchange a huge wick
they're specifically hunting him and stuff like that but it's also like the dude is like he's
trading btc with 40x leverage like no one is like you know no one is trying to hunt you like you're you're just
naturally getting hunted by the market because markets seek liquidity that's just what they do
you know yeah and like you know if you would have like it's also it's just a narrative thing like
it's just a like he's losing money so that's what he calls it because back when he was like long
and made those 80 million he had like nobody, there's no way he would have said anything.
Like, oh, the market is doing something funny for me to make money.
It's only when you lose money.
I had a Banger tweet, and it kind of went underappreciated.
But I was like, the market regularly hunts my 10K perps positions.
How is he getting away with this?
it's like everybody likes to blame getting hunted.
I mean, why take accountability
if you can just blame someone else, right?
I want to start by saying to all of our listeners,
welcome to Bears Are Bidding.
This is a show that we'll have once
a month uh where we will be bringing people from the bear chain ecosystem and just talking about
things that are interesting that are going on on chain um and just discussing stuff with
interesting people a little bit less about the markets more about like into the direction of
like building and just ct lore and stuff like that um so yeah we hope you guys will enjoy this
episode thank you for joining us and uh thanks for coming to we have my uh monkey and we have
uh giovanni on the wasi account right yes sir all right perfect um so yeah guys thanks for coming
pleasure to have you on um we'll we'll discuss a little bit more about the wasis itself in a couple
of minutes uh before we start i want to remind all of our listeners that you can leave questions that you have at the bottom right corner.
You have like a chat box icon.
You can just click on it, leave any questions, and we'll touch on that before we end the show.
And yeah, this show will be recorded, so you can always listen back and, I don't know, clip us if there's something funny whatever so yeah um and one last thing huge thanks to kuma for hosting these spaces huge
thanks for them for making this happen now live on bear chain with up to 50x leverage you can trade
all majors and if you haven't given them a try you can click on my profile, go to my bio. There's a referral link there. If
you click on it, you get 25% off of trading fees. I don't even make any money off of the
referral link. This is just for you guys to have some discount. If you don't want to,
you don't have to, as always. So yeah, Monkey, first of all, how should I call me Monkey?
Yeah, dude, people in real life call me Monkey, so I'm pretty used to it.
Oh, okay. Okay. Your name is Monkey Rothschild. Are you Jewish by any chance? me monkey yeah dude people in real life call me monkey so i'm pretty used to it oh okay okay
like your name is monkey raw child are you are you jewish by any chance no dude i actually just read um a book called the creature from jekyll island and it's kind of about the like the
beginning of central banking and dude i always just found that to be wildly interesting um and
like it's interesting because a lot of people
kind of like assume if you have an interest in that you might be like anti-semitic but to me
it's just like a crazy part of history dude like i don't know you know i i don't really like i don't
know i don't worry too much about the detail yeah yeah the funny part is i met uh like i think it
was like 10 years ago i met a guy um back when I was working on a couple of things.
His last name was Rothschild and everything.
So you're like from the Illuminati, basically.
And he's like, yeah, kind of.
I'm like in the distant part of the family that doesn't have any money at all.
So I just carried the legacy, but none of the money itself.
And I was like, this sucks.
Yeah, I think it's a huge family.
but I've met one as well.
I think it's just a huge...
they've probably had so many kids
It's like one of those families
where if you get married or something
and you don't change your last name,
so it just keeps on going.
Yeah, that's a good point.
Well, I want to jump into a couple of questions that I have for you.
First of all, I want you to walk us through how did the Wasis project start?
I mean, I know it's huge CT lore.
Just, you know, shout out to Inverse Branded Crowd.
So, you know, we have that part,
but how did it evolve into the Wassies itself?
Yeah, so it's actually kind of a funny story.
I'll take it like way, way, way back.
Everybody's always loved the Wassies
and like they've just given everybody joy.
And so one day Smallting was just causing trouble
And he was like, I'm leaving, like I'm deleting my account. And I sent twitter as usual and he was like i'm leaving like i'm
deleting my account and i sent him this dm and i was like bro thanks for everything and like good
luck out there and he's like i'm trolling and i'm like you little shit uh and then i told him i'm
like dude you know i love what you do like you should create like an nft or something and he's
like maybe one day and then nothing happened for years. And years later, I learned about WasiVerse
and I wasn't like a part of the team,
but they were getting close to Mint.
And so I reached out, I said,
hey, anything I can do to help, let me know.
They said, yeah, come on and help kind of like advise
and do whatever, so I did.
That Mint didn't go as planned,
like the artists kind of like soft-rugged and whatever.
So at that point, we were kind of faced with like, okay, what do we do now?
And essentially, you know, the leaders kind of like stepped down, they had personal lives,
and I stepped up, and we essentially rebuilt the project from zero. So did the art all from scratch,
you know, spent a little bit of money we had, and a lot more of, you know, small things,
money, and some of my own to get it really good.
Redropped those on Solana.
So the Solana NFTs, there was never technically a mint.
It was just airdropped to the people who did the original mint on ETH.
So that's where our OG collection lives.
And then the Barachain collection, it's kind of like an experiment or it's something new.
What we're trying to do is take the WASI IP.
So everybody knows our IP, our brand.
So we want to take that, but then we want to put it on a Barra chain NFT in the way that the NFT should be deeply ingrained in the Barra chain ecosystem.
It should get you perks on chain.
So it should be a WASI NFT, but we want to make sure that like our wasi on
bara collection embodies that traditional nft aspect of you know there should be like a level
of status on chain um yeah things like that yeah i mean we we've had smoky on the show last month
uh or i think it was last month or two months ago um and uh you know i i had no idea what
bear chain is what is it about and like
you know we spoke about a lot and he told me like the whole lore of like how it all came from this
nft community um and like how they loved being focused on you know just the art aspect of it and
how so many teams are you know just building together on bear chain with this which is pretty awesome
yeah the vibes are like incredible you know i mean when we um made the choice to go to solana
one of the biggest reason was the vibes dude everyone is willing to help everyone from raj
totally down to like you know social media managers and other projects you get that vibe on
sauna you get it even more on bear chain really i think it's just because it's newer and you know social media managers and other projects you get that vibe on sauna you get it even more on barra chain really i think it's just because it's newer and you know tighter
knit community i think it's hard to keep that as things grow um but yeah i mean you just that's
such an important part of building there and barra chain does it so well yeah that's really awesome
what do you feel like is what like what kind of impact do you think Wasi's had on CT? I mean, like, nowadays, it's, you know, like, if someone tells me, like, it's kind of, I feel like, correct me if you think I'm wrong, it's basically inseparable, like, in Versbra and, you know, and Wasi's, basically. It's like, they're basically the same thing.
they're basically the same
thing. Yeah, I think 100%.
it had such a massive impact
I feel like on just the way
CT works. Like, you know, if you don't
inverse bra means, you're
not basically a part of CT, right?
So what kind of impact do you feel
like it had on CT? I think like
and first off, you're so right like
the best weather vane for like how deep someone is is like you know whether they know like what
awasi is or who inverse prize but i think like and this is something i would never advertise
but i think it's true to a lot of people as i would say like inverse broad is just a form of
like good and like trust and now he's never asked anyone to trust him but over the years he's just proved like he's here for the right reasons he's you know
every chance he can you know he helps like a good charity or someone who's in need and i think he
just like represents the good side of this space um and we don't even need to touch on how many
people represent the opposite and so i think like to the people like us who've been here for you know a decade you know
in in some cases it's the most refreshing thing in the world uh because it just represents not
selling out not being a piece of shit uh and just like sticking around for the right reasons and
like helping people when you have the means to you know yeah 100 like i mean honestly it's like
there's been many times that i just randomly
sent a dm to small things just telling him like dude you're you're you're like awesome you know
you're such a good part of ct and i love i love everything you do um and yeah it's just it's just
really nice to have someone so prominent and big and so deeply embedded into like culture of ct that
right yep um so yeah that's that's really yeah and the way i look at like wasi is is like you
know it's like that's basically like and verse probably is like such a huge part of wasi and
like there's other people who contributed in massive you know ways a bunch of them um but
like what we talked about that's kind of like what we embody
you know like as a project we've i think something it's like my favorite humble flex we raised more
than mr beast for um the man who rescues dogs like both us and him did a fundraiser and we
raised more like that's insane dude you know some little community online yeah dude and like
i'm proud of that stuff um to me yeah that matters you know
yeah it's really fun and it's nice that like again like you said when you see all the you
know so common side of like the bad side of cts and just crypto in general is so easy to find it's
so common just you know grifters scammers whatever that is um and in most like i've i mean you know it's like
there's a very good it's like if you ask someone are you a good person or a bad person a lot of
people think that if they don't if they're not a bad person it means that they're a good person
but i don't think so i think that you have to do good things to be a good person you have to do bad
things to be a bad person if you don't do either you're just neutral you know um so it must be
really because i can say that you know i'm not i'm not an asshole or something you don't do either you're just neutral you know um so it must be really because
i can say that you know i'm not i'm not an asshole or something i don't do bad things i feel like but
i don't really do that many good things honestly so it must feel really nice to know that like
you're doing good things with crypto you know you're you're taking crypto to that better direction
helping other people um you know helping raise money money for animals, which is one of the,
you know, that's like, this gets you a place in heaven. Yeah, dude. I mean, I'll be honest,
one of my favorite things we did is there in Buenos Aires, Argentina, we built a little soccer
pitch for, you know, like underprivileged children. And man, it was not that much. I think I gave them
and I kind of did it like, in the name of washi i think five grand at the beginning and then uh like another maybe six or
something over like a year uh to cover like food and like programs and shit um but dude like you
could almost just argue it's self-serving like the amount of enjoyment you get or you know you get a
picture of these kids you know playing soccer and like you know building good values and stuff um and like there's a great argument to be made that it's truly self-serving
you know doing stuff like that you do get a lot from it yeah karma is real you know yeah 100 so
yeah um i want to talk more about like the the wasi itself like i know that we had the huge you
guys i think it was through you guys you were the
first ones that uh gave out the plushies right yeah yeah so it became a huge trend on ct like
everywhere you see people posting pictures of you know just abusing them um and it was really i
actually i think if i'm not mistaken i think i tried to get one but i just i i couldn't i don't remember i don't remember remember how um but yeah again huge trend all the abuse on uh on the devossies um do you
like will will there be another wave of that uh more plushies given out or sold or whatever that
is man you would think i gave you these questions yeah we're uh we're just weeks away actually uh from the next one coming out um
this one and so that one you know it was so limited because the truth is and i'll give you
the backstory those plushies had been around for a long time um they were created like before i even
took over and so many people wanted them but we didn't have a way to like you know like pick who
to give them to so that's why we ended up making them like tradable as NFTs and redeemable.
But the next round will be like styled after Maru.
So it's a purple little wasi.
Those will be on like Amazon.
A lot of people are like, you know, protective over their docs and rightfully so.
So I think Amazon's cool that way too because it's like it gives people like some anonymity like you know they're doing yeah trillions of dollars in transactions or whatever
um yeah yeah i'm sure it means that like anonymity side of it is probably it's probably big on some
people because like i i you know there's a lot of companies that like want to send me merch and
stuff like that occasionally um and um i don't feel comfortable giving all of them
my address well coinbase already did luckily so now you don't have to worry yeah
how crazy was that dude guys move to dexes really like move as much volume as you can on chain
and the earlier you do it the better it is um it's kind of massive it's crazy how they downplayed it
um you know how oh just we had a couple users that's it oh i like how they go you know we love
transparency brother you're required by every agency to disclose this just save me the lives
save me the life they sent they sent the email out announcing the hack to like all their clients
and stuff like that and the email was titled with something like we value security.
And like it was like five paragraphs talking about how good their security is and stuff like that.
And then at the end, it was like, oh, by the way, we got to we had a breach.
And if you want to learn more, click here, you know, the week before they had like taken me to that F1 race in miami and like given me the rock star
treatment but i'm just like dude this is unacceptable like i i'm not gonna like not
say something like you can't you can't buy you can't buy my silence and of course not that they
care but yeah yeah i went i went to formula one with coinness as well um and i really had fun you
know it was a blast the team is fantastic really awesome people um but again it doesn't mean that you know they are they're building a good product and yeah and
it's different people right the people the people we were with you know they're doing their jobs well
the people who okayed um you know just like giving security or i'm sorry you know confidential
information to you know people where there's no recourse That's just, it's such a bad look.
Now, just going back to the YSCs themselves,
what is, I'm wondering if you saw something done with the YSCs
that was like just wild for you, like with the plushies themselves.
Like, was there something
that you've seen it was like okay i didn't expect that uh you know one thing that was really cool
um and she's actually on the team now maddie uh she made an ice sculpture out of like small ting
it was at some conference i wasn't there uh but that was so cool like we knew nothing about it
you know and that's just like how much love um And funny enough, I don't know if that had any hand in her getting hired, but we hired her kind of shortly after.
But what I would say is just like, you know, the fact that these plushes have made it to every corner of the world and like people love them.
And so we're pretty tight with the guys over at Vibe Check.
They run the safe houses.
Are you familiar with those?
No idea what you're talking about.
Okay, so you know the tags people always post?
Like the keychain tag thing?
Oh, okay, okay, yeah, yeah, yeah.
And we're working on some really cool stuff with them
where, like, there'll be a plush
and you'll have to, like, do an NFC scan
and take care of it for two weeks
We're working on some really cool games
which should foster just cool stories
Peach, dude, you can just burn two hours
on the call with him dreaming.
I've known him for so many years.
Never been on a call with him um but yeah hopefully
someday i'll i'll just meet him up and we can talk to him no yeah he's the best um so you've
had a couple of like you've had a bunch of just wild merch drops and like the plushies and stuff
like that um are there any new upcoming drops besides you said that you're probably like you're
getting into the plushies again uh is there anything else that you guys are working on no well so yes um i think pretty soon we will have
like customizable merch for the plushes which should be really hype uh we want to do okay yeah
no it should be really exciting so we want to do like different t-shirts maybe backpacks whatever
i mean it should fit any of the plushes so people can kind of like collect the accessories.
You know, there's different communities like Barabadis,
some others on Barachain, others on different networks
that we'll probably do, you know,
some like casual merch with.
And then I do want to get more merch out.
You know, our first run was like custom,
like that. And a lot of people value it and like love it the
fact it's so high quality. But I also think there's a market for
just like more normal stuff that you can do a little bit cheaper.
So definitely want to kind of explore that lane soon and then
being able to get that on Amazon and stuff I think will be good.
That would be sick. I definitely going to try to get some um so we back in the day
before i started this uh like the whole spaces thing uh pancakes was doing the spaces he actually
started out he did the first i think four or five episodes um and then i replaced him um and pancakes
joined yc's which was a huge moment especially like with the whole connection
with idx and kuma uh we had a sock collab uh we were sending merch to users and we had a bunch of
yc socks which was really awesome i have two pairs of them as well yeah me too i love those
um so that was really awesome how did the that come together so pancakes you know i think he was
in touch with ox bags who ran the project before me.
So I took it over from Bags.
It was really him and Roar.
I think, you know, they were very much a duo, but I think Bags was kind of the leader.
And so Bags basically introduced, and this is a great story.
Bags actually introduced us like digitally and said, hey, you know, he wants to help.
We hopped on a call had a great chat and then you know dude just two months later maybe I like had a trip to Japan planned and I ended up canceling it I was going with this girl things kind of fell through whatever and I was like I just called up pancakes and I said bro you know I kind of like want to take a trip and everything planned, what if I just flew down to Argentina and we kicked it? He's like, yeah, bro, do it. So I did
it. Uh, we had a great time, maybe like three weeks. I think I stayed there, ended up, you know,
doing that every year since I've spent about a month in Argentina. So he's just become like one
of my best friends, uh, in the world. And, um, I don't know if you know but he's actually going through like rehab right now um
he's you know just like had a problem with like liquor and some other stuff but honestly dude like
spoke to him yesterday sounds incredible he's super excited to go into treatment so
couldn't be more bullish on him and like you know he's always a part of such an amazing person
honestly like uh just from working with him and just chatting with him,
we've been chatting about everything and nothing for years now.
And I feel like he's one of the hardest working dudes I've ever met in CT, honestly.
And he loves to like, he's just so good to people.
And I feel like that even could be a part of his addiction
is that he extends himself so far for others.
But yeah, dude, he's just the best.
And like, you know, I think in a few months he'll be healthy and it'll be great to see him around, you know.
I mean, I'm sure, you know, it will.
Well, hopefully he comes back.
He'll be healthy, but hopefully he comes back.
So basically he just introduced you guys um and then it went
on from there yeah no exactly trips yeah like i said i just for whatever reason felt like we were
friends almost immediately and flew across the world to go chill with him and then like
you know the rest is history and um yeah no he's the best that's sick yeah um well i will keep those socks and you know it's kind of
funny with the funny thing with merch uh from crypto um and you've mentioned it with the like
cheaper and like more basic type merch and stuff like that um i have a bunch of merch from different
companies and different projects and some of it i just don't want to to use because i'm like oh
this is such such a cool piece of merch i don't want to like ruin it i don't want to like stretch
it out whatever um so i feel like having just basic merch or like a little bit simpler a little
bit less like luxurious and stuff like that is such a good solution because then people actually
end up using it and you know,
a wasi plushie or inverse bra plushie,
I would never like be use it or something.
I would just put it on my shelf and like protect it.
We actually had an abduction in Denver.
there was a plushie abduction.
It was crazy oh yeah like somebody
i think maddie lost hers or something and then cuffy was in the lobby of a hotel and saw someone
walking with it and goes like who are you who's is this this isn't yours and like took it from them
it was like insane but somehow he found it um wild yeah it's insane well that just shows you how exclusive yeah no no kidding um
but i i hear you dude like it's it's a risk to take it out there but it's a balanced risk but
that's also kind of the cool side of like that you know upcoming thing we're gonna do um with
vibe check is like you have to keep it moving and like whoever lose like if you were to lose that
or something it would really hurt you know your social score right um so it's a cool game that kind of like keeps that alive you know
that would be really cool i mean that would that would suck because i wouldn't want to move mine
but that well no it'll be a different one so it won't be one that like anyone owns it'll be like
a special unique wasi and then you'll be able to see the history of like who it went from and like all this like the hands is passed all right yeah
that's like how much abuse he got with oh my gosh yeah exactly yeah well small thing i know
you're listening you know i love you i would never hurt you it's a trap um yeah
well um so so i'm wondering what led to the decision to launch uh just wasis on bear chain
was it just simply the you know it launched you saw that it was very like nfd and just community
focused and you just went for it or were they or any you know other things you were thinking
about yeah i would say that's a big part of it um and then also just like proximity like we just
know a lot of people in that ecosystem which which helps, you know, like I'm sure there's different ecosystems that are super popular within different circles.
But we had a lot of connection, you know, which helps.
There's a strong gaming focus, which is just really naturally adjacent for us.
You know, like we have these 3D assets.
You can literally put them anywhere. So we saw
a lot of really high quality games being built. That was attractive. I think our user base
is also super OG crypto and pretty interested in DeFi and stuff. Obviously, that's a seasonal
game. But I think it fits our audience there. But I think like the way we executed it,
hopefully we gave people the ability to participate in Baruchain,
but, you know, they got the airdrops.
So it's like, hopefully we're introducing them to something new
and people appreciate it.
And, you know, if they don't like it, it's okay.
But yeah, you know, it's an experiment.
I think like you've never, I've never seen a project
kind of go multi-chain in this way, where it's not like one collection going multi-chain, but it's a new collection independent to a chain.
I think overall, like, it's gone well. We've learned from it, but it's been like an interesting experiment.
I mean, listen, you can't, you know, you'll never be able to satisfy everyone, so, you know, that's just the way it is.
Yeah, no, that's a reality yeah but it's actually pretty cool because um you know
i've looked at the different types of wasis basically and you know you can see that the
design of the bear wasis is is unique it's different um so that's that's pretty awesome
like i think it's pretty cool especially like with the fact that some of them were airdropped
and stuff like that yeah no yeah everything is like just like custom from the
ground up and like you can really see how like our team is just getting better i mean the solana
washi's are beautiful but the barrel washi's just on another level um and i think you know
not trying to like leak alpha or set any dates or a promising thing but like i could see us going
back and like providing maybe backgrounds for the solana collection or something uh just to
kind of like bring it up to par um but who knows you know all right there we go that's a bit of
alpha right there no promises yeah you know i mean like no financial advice it wouldn't be hard to do
um it's just a matter of prioritization and stuff.
But the Beras just look so good with those scenes.
Well, we were talking about the Beras,
and you mentioned the 3D files.
Yeah, so I mean, like every WASI is like a fully rigged 3D asset.
So we have a program called Canvas.
It's like canvas.wasiverse.io.
And you can just use a few of them now,
but you can like literally mold them and make essentially anything you want.
And we'll be updating that.
It's a custom tool that we've built.
But essentially you can also download them.
And so I think actually like the part of our website that allows people to download them will be probably live like next week.
For now you can just like get them from us,
but every WOSI has like its own 3D files.
And so you can take that and do whatever you want with it.
I believe it's a Blender file.
Rito might correct me there.
But yeah, so it's like, you know, to people who are inclined, like in an artistic way or 3D way, they can do like anything with them.
And so, like I said, it's not live yet, but you'll be able to go on the website connect your wallet download those files for your wasis download like backgrounds for your wasis
that'll be called the wasi locker um so it'll be pretty cool i know that's awesome i was asking
because we have a comment already uh mr house was asking is there anywhere where i can access
those 3d files um so there we go mr house. House. You can just wait another week or two.
Yeah, or just hop in Discord, and we'll get them for you quick.
It's actually pretty cool because it says, like,
I wanted to mess around with mine using my WASI on streams and in video.
Yeah, no, that'd be awesome.
So, okay, so you moved, you did this transition,
this basically the new design for the Wossies.
How did just the Bear fans and just the community there
Do you feel like it was, like, how did that process?
I think it went really well.
Like, so the goal was twofold.
One was to, like, introduce our community to Bear Chain.. And then two was to like, hopefully, you know, get some new members to our community from the Baruchain community. And so I think we did both well. I think like, you know, we didn't execute everything perfectly. I think we should have had more lined up immediately after Mint. Like now we have a bunch of these cool partnerships and stuff
we're able to announce um you know if i could go back i would have like just had more kind of
immediately after but overall it's been great and like a lot of people understand you know like
good things take time so i've been really happy with it uh and i think like you know the feedback
we've gotten we've taken it to heart and so so I think that like overall, I think it's good.
And I'm super excited just because like.
Baratain is full of really, really quality projects.
And so as people are able to touch and feel some of this stuff, it'll be cool.
Yeah, I mean, the the project aspect is is really is really cool,
because like I I'll be be honest again i haven't
dabbled that much i don't really do that many defy stuff and just nfds and stuff like this so
i didn't really you know go and dabble with too many projects and things like that but where i did
i i definitely noticed that you know people are a little bit warmer and like people are open to
discuss other projects uh you know within their own sphere you could say right yeah um so so yeah
it is a different vibe um and it is super nice to see this like like you mentioned earlier just like
nicer side of you know crypto um so i like you said you're active in some other communities and
stuff like that what do you what do you love like what do you love the most about this specific
ecosystem that you feel like is missing in others i think people just really um in barat chain they
kind of understand like one plus one needs to equal more than two and like can equal more than two.
And like that's like the thing.
So when we partner up with someone, like the result needs to be greater for the both of us.
And so like, you know, the way I've always viewed my role at WASI, which is just coordinating WASI, right?
Like is that WASI is a bridge between people, users, our community, and products, essentially. And so when I go to
a product, maybe a DeFi product or whatever, essentially, I'm going to bring them my people
and they need to reward my people. So they're going to get new excited users and my users are
going to get elevated status or some sort of rewards or whatever. And so I think people on
Barachain understand that well. They
understand like how to create these flywheels, how to be kind of like stronger together, if you will.
So that's what I would say. I would just say like, you know, when you're on these kind of,
you know, early business development calls and you're saying, hey, you know, what can we do?
Let's design this partnership. People really understand the symbiosis
that's needed. Yeah. Basically, they're not afraid to expose their users to other different types of
projects and different experiences and stuff like that, which definitely feels way more predatory
in other chains where we don't want to share anything don't mention any
other stuff yeah like someone's who is it someone's suing uniswap over some smart contract and
like that's one example but it's kind of an example of the ethos of some chains you know
there's just no cooperation yeah yeah well good thing you're in better chain. No, exactly. We also have wasi.btc asking when wasi.btc.
Okay, I've actually been meaning to what, like, what does he mean?
If so, we should talk to all domains.
This might be a dumb question.
Do they have vanity.btc addresses?
I don't know, but I think maybe it means, idea. I don't know, but I think
like, I don't know, maybe
What's your thought on the whole
hate is a really hard word. I don't like it. I hate it. I mean, I wouldn't say, no, hate is a really hard word. I don't like it. And I'll tell you why. I feel like the reason Bitcoin is what it is, is because it's just this old chunk of rock with old technology that just sits there, right?
And I feel like, you know, when I saw that they're trying to do like the NFTs
and the Bitcoin DeFi and stuff like that, I just thought to myself, why?
Like we already have so many different chains, right?
Like we have, like, okay, you want to do nfts just
do them on eath you know do them on any of the chains available do them on the bear chain do
them on solana do them on eath whatever that is um why do you do there and i think the reason
people did there and i don't care what anybody says like i mean i know udi was a very prominent figure on it with the whole um and if these
ordinals or whatever they're called the wizards or thing um but it kind of feels like i don't know
they you know like just a bunch of people trying to make more money um because you know you want
to stand out especially if you're focused on making money and it's much
easier to stand out if you're the first one to do something like that right so they just went to
bitcoin took this og meme about uh bitcoin and put it on chain um on bitcoin which okay i mean
good for you but like i don't know they were selling them for $35,000 each.
I don't know, there's two sides
There's the developer side and the user side.
experimenting or whatever.
Bitcoin for NFTs? i just don't know
you know like so there's actually not built for it it's slow it's expensive yeah it's it's it's
not made for it so there's like so the only reason you're doing it is for the how do you call it like
the royalty yeah you know what i mean like and i don't know it's kind of silly to me yeah no i
think like maybe i'm just dumb i think
like you know if it's like something like that's never meant to be moved or whatever and like you
want it there like just to like dust like i guess it's cool but as far as like releasing a collection
there or something to me i just don't understand why you would but so there's actually one piece
of wasi on bitcoin and like to, this is the way it should be.
There's one singular NFT.
Like we created this like, you know, piece of art of like these WASIs mining this Bitcoin.
And like we inscribed it early.
And like maybe we'll auction it off one day for charity or whatever.
I mean, if it's symbolic, that's pretty cool.
Like it's not going to be traded a bunch.
And like, you know, the gas doesn't come into, like, effect.
So, to me, there's, like, unique edge cool cases.
But I don't know, building there.
And then, like I said, like, part of the barit chain thing is, like, we want to, you know, give users perks on chain and stuff like that.
And you're just not really going to get that, like, with a Bitcoin NFT, you know?
I just, I remember when I saw the wizards or whatever the first thing was
i don't remember what it was uh when i saw i was like okay kind of kind of useless like why dare
you know but okay i get it but then when i started building like because like once they
like a bunch of people saw that they're inscribing stuff and they're using it for nfts and oh okay
so maybe we can build defy around it and then they started building DeFi and I'm like whoa what are you doing
but um yeah I think it's easy to lose the plot many many such cases I mean listen I get it I
get it I really do because you're excited you're gifted you're able to do it you see the opportunity
you're like why not you know uh I just think you know, being here for I think I've been doing I've been doing crypto for like 10 years now.
And I don't know, for me, Bitcoin is just that good old thing you can rely on.
And the more people tinker with it and try to change it and change what it does and build around it.
I'm like ah come on but also i think like
there's this interesting thing where like even if you don't agree with it like ah
it doesn't really like hurt it and then like they're also kind of helping the security issue
long term um so i don't know i'm too dumb to understand it but at the end of the day you know
again um that's just my like flat basic opinion based on nothing because I really don't understand those things.
And the beauty of it that, again, it's all, you know, decentralized.
You can do whatever you want.
And if I don't like it, I don't like it.
If there's ever a fork, you support the one you want to support.
Like, you know, I've seen Udi posting about it.
I always liked his post when he was excited about, like, new milestones new milestones. I'm like, that's good for you, man.
I'm not salty about it. I just never really understood it, I guess, is the best way to put it.
Now I hear you. I've not been here quite as long as you, but just below it.
You just learn this industry is wide nowadays, and you just have to pick what you want
to focus on and there's always going to be uh somebody who just smashed a 2000x over in the
new fucking frog ecosystem or whatever the fuck it is this month and you just have to be prepared
to miss some of it you know and you know for me that that's a bitcoin thing you'll luckily it you know i didn't miss it
but you know there wasn't much to miss but yeah yeah i mean you'll always miss stuff it's just
impossible i i remember i was i wrote a blog about it i wrote an article about it a couple of uh like
a month ago or something um and it's just it's never enough you'll always be missing things
because you know there's everything is so
spread out nowadays there's so many chains there's so many different layers there's layer i saw layer
three and there's so many groups layer four there's so many people who make posts specifically
to get you to fomo by absolute dog shit and like if you can't control your compulsivity you just
like you know first generation people always struggle with that and try to help but it's
pretty tough no i mean it's just it's just inevitable this space is so live and so like
unless you're in a bear market like it's really like in a bear market it's pretty easy to keep
you know a hand on the poles and kind of like not miss anything because not much is happening uh because everyone's depressed but in in these
times when we are trading at all-time highs it's yeah it's gonna yeah yeah bear markets generally
like there's either absolutely nothing or one thing sucking liquidity you know what i mean so
it's like not that hard if you learn to just like spot the one thing not too late you know what i mean so it's like not that hard if you learn to just like spot the one
thing not too late you know yeah i love bear markets don't say that dude everybody hates the
people who say that don't say that don't say dude i mean i love them because i first of all i feel
like ct really cleans itself you know what i mean like i get it like all the assholes leave only the like
traders and and people that are actually here because of crypto stay um the grief there's are
gone and just the timeline is so much funnier still like bear market memes are the best but
dude i think they're getting worse like down, I used to literally be laughing my ass off.
And now it's just not as funny on the down days.
I mean, it's sad, but I feel like bear markets.
Because I feel like people are much more emotional.
Yes, that's what I'm saying.
We used to laugh our asses off as we lost almost everything.
And now it's like people are like you know over leveraged and like
it's like so real and like it was just not serious back then like we all expected to fail
and now it's like serious yeah now we have something to lose you know yeah i wrote about
it a couple of weeks ago where i really i mean i was writing about how one of the reasons i'm not
so active anymore is because just cd kind of sucks
um and i really feel like what you mentioned about like how back in the day down days were so funny
and now they're not is because i feel like today when we have a bad day you see all over twitter
like people are oh you're you're fucking you know retards you're losing money uh you fell for it
you fucking idiots you deserve it i hope you're
die poor and you're in debt and like people became so like edgy in a bad way you know what i mean
like dude there's so many profiles now there there's just there they see someone like the
amount of people i've seen cheering on you know on this james wenz guy to get liquidated like i like what why why do you
crab in the bucket mentality bro like yeah it's so like so we have those red days or just flushes
and you see those people like just saying like oh you're idiots oh you were long are you fucking
like are you stupid like and back in like a year or two ago i feel like
like two years ago we had bad red days and people were like off dude i how do i tell my wife we're
broke and like just people would say dm me bro i'm here for you how much in the past bro seven
years ago did we see on like a terrible day like a day where people are definitely getting carried
out you see people like hey my dms are open you know what i mean if you lost it all because we used to really have
each other's backs now it's just a fucking you know clout chasing piss match yeah it's it's not
it's not as fun as it used to be and uh i feel like the i don't even i don't even know where to
point on what changed maybe it's just because i have more
followers or something so i see it more often or maybe it's because i follow there's some of
the wrong people i don't know but um but yeah it's definitely it's definitely different yeah i think
like that's kind of like i don't know it's like a reason to like join an nft community and like
find people who have your back you know what i mean and like i don't know it's like it's good
to just have a team of people around you who like you can like loosely trust you shouldn't blindly
trust anyone but just like who have your back you know um one day you might be like tilted as
and you know you're down 70 and you just need someone to be like yo take a second to cool
off you know you just need like a friend right and it's just you don't find that on the timeline
like you used to um everyone's either you know engagement beating or trying to get fucking you
know paid for impressions or just who you know whatever i won't rant but yeah i mean i mean
listen the space was much smaller city was much smaller back in the day.
And every single year, we get more followers.
And CT just keeps growing. And the mentality of the world kind of flows into CT.
I know that if I'm going to write,
hey, guys, my DMs are open, I dms are open i'll be lying i'll be
lying because i'll get you know i'll get 100 or 200 dms and they're begging i'll probably not go
over all of them you know and and then i'm just lying to people so i feel like it's probably a
combination of a bunch of things but yeah we're kind of ranting about it right now dude we sound
like two old men like man there's yeah yeah well i am old
so dude we're probably both old as fuck for the industry now which is just like crazy i mean i'm
gonna be 30 in a couple of months so that's not really that old but i think for the industry
we're fucking ancient big dog yeah yeah i feel i feel i kind of feel ancient like i'm starting to
wake up and my knees are kind of like moving
But I had this assistant who was 18 and I actually fired him today.
Little fucker was lying on his hours.
But dude, one time he just like casually called me old and it wasn't a dig.
Like he just like said it in conversation.
And that was the most insulting thing ever.
Like it was I was just like, oh, my God, it was the first insulting thing ever like it was i was just like oh my god it was the first
time it ever happened dude i got cold sir like a month ago oh god that's pain but yeah but i like
for my for my defense i have a really like i have a long beard so you know okay yeah
but yeah um so there's been a lot of buzz about, like, I heard about it that your guys are going to have just a barest poker tournament.
And, you know, what's the story there?
And how, if anyone listens right now and wants to join the poker tournament, how can they get involved?
Yeah, so we're going to team up with Sopo and we've done some events with them in the past.
It's just this poker app, very crypto adjacent, good guys over there.
So that's where it'll be hosted on.
We're going to get some communities from Barrow Chain,
you know, get them to rally their people as well.
If you're listening, you want to join,
just stay tuned in our Discord and stuff.
We'll probably post the info like shortly before it happens.
Just because you don't want it to like leak out
to a bunch of like poker communities and stuff you know we want it to be like crypto communities
not just like a bunch of randoms um so just stay tuned to socials and take everyone's money yeah
so just stay tuned to socials and discord and it'll be cool though like there'll be some cash
prizes up for grabs some nfts um and then i'm sure like partners
will throw stuff in too so it'll be good is it gonna be like a like paid entry kind of thing
or just like no dude all free and um yeah so there'll definitely be a top prize and like i
don't know how many prizes uh but we'll just like see what we can round up and then maybe it'll be
top 10 top five who knows that's good that's gonna be on june 8th next uh not this sunday but the sunday after
all right sick so guys 6 p.m i think 6 p.m utc thank you so much for using utc thank you so
much what is utc uh it's like the basically universal time no like okay so because like dude i'm when i'm trying
to schedule guests i'll be like hey what like when when is when is it comfortable for you to
to like to the space and people are like oh let's do like five edt i'm, what the fuck is EDT? I'm like, oh, this is 6 Pacific time.
I don't know what Pacific time is.
I just know what my UTC time is, and that's it.
Yeah, I'll do 7.30 Bangladeshi time.
Well, there you go, guys.
If you want to hear more about the poker tournament,
make sure to join the wasi verse
discord server and you'll have uh more information there um and the last thing if you don't mind um
yeah go ahead there's one thing we announced not too long ago pretty exciting so i just want to
kind of like go over it quick but uh soon after the monad launch um don't have a hard date yet
but sometime after monad goes live uh we'll be launching the WOSI lottery.
And essentially what that'll mean is you can take your WOSI NFTs, WOSI on Bera, you know, the OG WOSI on Solana.
You can stake them. And then every month you'll get entries to win Monad tokens.
So it's pretty sick. I mean, it's just going to be like a way to win prizes by holding the WOSIs.
be like a way to win prizes by holding the wassies um so that'll be live you know we don't know
exactly when but every wasi asset will be available uh to participate in that we'll bring in other
communities so like you know let's say there's like a game that you know we're partnering with
maybe we'll give like some lottery tickets to their users or you know their top 100 users or
whatever it'll end up being a really cool
way for us to uh collaborate with different projects throughout different ecosystems so
you know it'll be monad tokens will be most of the prizes we have some other tokens that'll be in
there as well um but yeah that should be really cool really awesome to hear man really good
initiative everyone loves the lottery um Well, there you go.
Well, let me check if we have any questions in the chat before we end it.
Let me see if I'm missing anything.
I've got a question for the host.
The funny thing is I have people DMing me something.
Because I don't really post about trading anymore.
Yeah, it's just there's no point for me.
There's nothing I'm trying to sell to people.
You know, I'm doing these spaces to help people with trading
and just learning more about the space and everything.
And even though we have...
The reason I'm working with Kuma is because I believe it's a good product
and I'm happy to promote it.
But I'll never be telling people,
hey, you have to go try Kuma.
You want to try Kuma out?
I think it's a good product.
You don't have to. But i don't have anything to sell so i don't see a reason to
do that um and and it's just annoying because no matter what you do like you you give a good
good trade idea you take it you close the trade and people are like oh you only posted about it
once what the fuck i missed it well and then the next one you take people go the next one over leverage yeah yeah and people want your head on a stick yeah yeah and then
people dm me like dude are you posted about it took the trade i lost everything i have now i
don't have money to pay rent and i'm like dude i took that with you know 0.1 of my net worth you
know what i mean like yeah you and i would get along because i'm in the same yeah dude um but i i think
i think we'll go up um but again my like by the time the daily candle closes i might change my
mind right but for now i think things look okay nothing like my trading is based on i trade higher
time frames nowadays like i don't really go below the four hour or the daily um so unless we have
I don't really go below the four-hour or the daily.
So unless something bad happens, I'm not going to close my trades.
Basically, I'm just in a bunch of swing longs on BTC from 80K and from sub-2K ETH.
And basically, the way i see profit trading is so so first of all so first of all biased for me to answer that question of up or down right yeah
second of all the way i see profit trading is like you either take profits incrementally and
then like you know it is what it is or you wait for a big flush that shows you the trend has
changed and that's it and then you take profit on your trades so is. Or you wait for a big flush that shows you the trend has changed and that's it.
And then you take profits on your trades.
So currently I'm just waiting for like a clear signal from the market that like,
okay, something is different.
No, I think that's pretty level-headed.
And yeah, it's summer, dude.
Like, thankfully I live right on the beach.
Are you sure you don't want to stay inside all day and
trade chop are you sure you want to sit out and go to the beach did i i literally i go to the
beach every single day morning and evening with my dog and uh you know i just go on hikes and just
have fun yep um and i'm planning to keep doing that yeah i've been trying to do more just like
of getting outside and dude it makes a difference uh you trade better for sure um yeah it's it's alpha and i'm no expert here unless you
unless you chase it i feel like you're probably gonna do better unless you're like a super
autistic person where you know go ahead and go trade the like seven tick charts yeah no it's a it's a super tough game i mean the way i always look at
it is like the one minute you know time frame traders can get pushed around by the five minute
gets pushed around by the 15 minute like each one is irrelevant to the one below it so you just get
some whale coming in trading the daily and you're one minute it doesn't matter what the one minute
chart looks like dude he either wanted to sell or buy you know what i'm saying like i mean listen it all comes down to you need to find your edge
find what you're good at and just keep doing it and if you're like and it's not just what you're
good at it it's also about what what motivation you have and how much energy you want to waste on
it right and then trying to predict sustainability like the sustainability of a one minute chart
strategy is naturally going to be lower than a higher time frame you know i think it really depends on on who you're asking um for
most people probably higher time frame is is much better um but i feel like a real trader
will probably do better on the lower time frames um and it just it depends a lot like mathematically it's actually the lower like the the higher
frequency you're trading and like the the you know trading lower time frames is is much better
taking like a thousand trades a hundred thousand trades um but again it's not for everyone it's
actually not i mean it's impossible putting all that aside, trading is not for most people.
Most people shouldn't be trading.
Like 90% of people should not touch any charts.
Especially with leverage.
I mean, people should be investing, just not trading.
So just buy spot bags and go.
I mean, we have Elden Ring comes out tonight.
We have Elden Ring Night Ring.
So I'll spend. I'm not going to go to the beach this weekend i'm going to play
night rain so there you go nice hell yeah um yeah well that's all my questions for you do you do
you guys want to add anything extra i can't think of anything um geo anything that people need to
know i think uh i think he left as a speaker.
Appreciate you having us.
And this was a bunch of fun.
Yeah, thank you for coming, man.
I always like talking to people like this because I usually talk about trading.
It's really cool to see the other sides of the space.
And yeah, thanks for the fun conversation.
Yeah, absolutely.. We have Giovanni
We have Giovanni asking to
You have anything else you want to add?
Join this poker tournament.
Win some NFTs and who knows what else.
And come have game night with us every Wednesday in our Discord.
Every other Wednesdaynesday sorry yep
every 14 days there you go so yeah guys uh go give both wasi wasi verse monkey our child and
small ting a follow uh join the discord i'm sure you going to find some of the most wholesome community members of CT in there.
And, you know, it's just easy to see what these guys are doing.
It's just really awesome work.
You know, you're probably not going to see any grief.
There's and bad people in there.
So we look out for each other.
Hey, man, this was honestly the most fun I've had on our spaces in a while.
So that's such a that's so awesome to hear. Thank you, man, this was honestly the most fun I've had on Spaces in a while. So I appreciate it. That's so awesome to hear.
So, yeah, guys, and to all of our listeners, thank you so much for coming.
If you missed any moment of this and joined late, there will be a recording available.
Once this episode ends and for the lazy homies
there's gonna be uh there's gonna be notes on monday as always posted on my profile um
yeah that's pretty much it a couple of extra things that i want to mention first of all huge
thank you to manuel in the chat who's my engineer I guess I can call you so yeah shout out to Manuel
for helping me with the hosting the spaces and a huge thank you to Kuma again now live on bear
chain you can trade her with up to 50x leverage I believe we're building a really really awesome
product it's still just the beginning if you haven't tried kuma out yet you can try it out with a link in my
bio which will give you 25 discount off of fees um i just a disclaimer i don't even make any money
from the ref link um and this is like basically i gave you guys all the discount instead of making
the money myself i don't care about it i just want to help you guys out um anyway we currently have a bgt reward pool of over a thousand pgt daily uh which comes to over 35 000 every
single week so this will keep increasing and it's basically split on on your volume so the more
volume you do the more reward you get uh and it's uh distributed every single day so once a day you get distributed so yeah go ahead
trade make some extra money no points and stuff like that for now and you'll just get bgt on top
of that we have a weekly raffle with a thousand bgt for winners just trade and the more trading
volume you do the more raffle tickets you'll have um this week's raffle winner will
be announced right after it's spaced and next week we're gonna have three winners so there you go
if you guys are wanna if you guys want to give a chance to be one of those three uh go ahead and
start trading and every single if i'm not mistaken i'm gonna say that out of memory i think a hundred
dollars volume gets you one ticket um so all you need to
do is just trade 100 bucks uh of volume and you'll have a ticket in the raffle and we also have
another pool of raffle that is a thousand bgt uh just specifically for the barriers d pair so just
barriers the trading volume will get you into the second raffle pool of a thousand bgt every single week
um and yeah that's pretty much it keep an eye out by the way on the kuma profile uh this is
something really awesome um we are going to be starting to post a little bit more about
boss uh which is the best about boss foundation I think I'm saying that correctly.
It's a nonprofit organization helping animals in Thailand.
And they're currently having an NFT fundraiser.
If you want to help out, go there, check them out.
I'm not sure what their handle is,
but we will be posting about them on the Kuma profile.
So yeah, if you want to help some animals.
So I see them down there. It's at B-a-w-s-o-f-d-n uh let me see i can't see them
yeah but they oh yeah they're listening there we go uh yeah so b-a-w-s-f-d-n give them a follow
um and yeah they're currently having the fundraiser if you guys want to get some nfts
and make and you know know that you have some good karma helping some animals um i think it's really
really awesome um and yeah that's pretty much it guys again thank you so much for coming pleasure
to thank thanks thank you to you guys monkey wasi wasiverse um giovanni was really awesome smalting thank you for joining us in
the audience as well uh thanks to manuel my uh producer you can say and yeah um make sure i just
gotta call those things thank you man yeah dude no worries and uh yeah make sure to give kimia
a try uh give them a follow for updates on my spaces next week again we have spaces
every single week um and mostly about trading if you want to get a little bit if you want to hear
from other traders that have years of experience about their process about their journey uh make
sure to give kuma a follow and we'll be posting uh an update about the next episode in the next uh
i think tomorrow so yeah there you go, guys.
Thank you so much for coming. See you next time.
Bye-bye. Small thing, frog.