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THE DAILY ALPHA♻️
Recorded: June 11, 2025 Duration: 1:14:10Space Recording
Short Summary
The crypto landscape is witnessing significant shifts with Solana ETFs on the horizon, Stripe's acquisition of Privy, and increasing institutional interest in altcoins. As China boosts its monetary supply, the stage is set for potential growth in crypto investments, while upcoming announcements from notable figures like Trump could further influence market dynamics.
Full Transcription
Thank you. Thank you. it looks like we're having issues with the co-hosting thing today
i'm not sure what actually is going on chief's looking at a listener i'm looking at us
yeah yeah so typically what happens the last time this happened when you were uh in vegas
is when we get to like the reconnection uh thing where your host is having trouble to
connecting when i reconnect that then i could start sending co-hosts out again i don't know
what the fucking deal is but it happens like you need that to pop up in order for you to do it kind
of thing when it's like this kind of you know sometimes where it doesn't pop up with the co-host like sometimes it just happens it's just random what i figured out is last time
when we did the reconnect um i reconnected the space and then i was able to send myself a co-host
again so it seems like that when that happens uh then we can start sending co-hosts co-hosts again
so if you guys want to come up on stage today just just send me and Chief a bunch of heart emojis or just super spamming.
Just ping in the chat.
I'm at my computer, so you can ping me in the chat or just on any of the whatever.
I know.
Yeah, and obviously, Chief looks like a listener, so if you do come up here, there will be some issues until that kind of reconnection thing happens.
But typically, that only happens an hour in.
Now that the space is a little hour, we usually don't get those. We got one at like the very last
five minutes yesterday. So I just had to, you know, wing it here today, which is fine. But yeah,
we've had a bunch of news in general. Obviously, I need to pin up Allison's thread from yesterday
covering everything we talked about. So I'll pin that up. Obviously,
Allison's been doing this for us for two and a half years, and we appreciate her doing that.
That's everything you missed yesterday if you missed yesterday's show. It's recovering all
the topics, all the news, this and that. So I guess the kind of the news in general that was
happening yesterday was Sol ETFs look to be in the S1 filings, which will probably be launched sometime in the next three to five weeks.
In the kind of details of that, they are offering staking, which ETH doesn't have it.
So some people are speculating that ETH and Sol will both have staking options in the ETF, which they don't really discuss how much limit that is, this and that, but that's
bullish. I think with Sol, just in general, you don't see, this is like 21 shares. You don't see
BlackRock filing this. I mean, not yet. So you're not going to probably see as much inflows as we
typically see with the ETH and Bitcoin pair. But I do think you maybe will see in the first day
and first week or just in the
first month or two, maybe like 2 billion to maybe 6 billion of inflows, which will definitely pump
the price. Last time we had an ETF with Bitcoin and Ethereum, we had Grayscale, which was involved,
which had the Grayscale Trust, which they had to sell that off because it wasn't convertible to
cash. And so people were just selling off their Grayscale and it was kind of buy the rumor,
sell the news.
Kind of seeing this one might be at the end of August,
maybe will be a buy the rumor, sell the news.
But I think also this is just gonna be the start
of maybe an altcoin ETF season.
I think XRP might be next on board.
They've been talking about possibly just IPO
and in general, they have a stable coin.
You see SWE, which 21 shares has a filing for that one
too so I don't think now that we have so much this out and it's possibly happening out of the
question of having more and more altcoins getting ETFs here which maybe will you know bring up more
ETFs bro I mean like let me post this up to the top I don't know if you saw Tyler's post this
morning just talking about more companies adding just different crypto exposures in general right ultimately this is in the ai
sector so tensor and fetch but you're having these i guess you'd say web2 businesses seeing
it as a viable way to grow their portfolio by getting some exposure to something in the crypto world right i mean we started with
this etf route of bitcoin ethereum and the bigger majors but now you're even seeing that hey well
there's an opportunity here why not have a let's just say a crypto fund and it you know we can
allocate uh allocate uh x amount per year per month month, or per quarter, right, to acquiring new positions. So I pinned
that up to the top and it just says more AI corporate acquisition vehicles are emerging.
This is becoming a trend too big to ignore. And it is also adding buy pressure. Interactive
Strength, Interactive Strength NASDAQ listed TRNr is running the similar ai crypto treasury acquisition of fetch trnr is
up 15 on the day this is the company that purchased fetch right and fetch itself is up seven percent
on the day yesterday i highlighted that the tau treasury acquisition strategy for snpx and oblong
position strategy for SMPX and Oblong but this one is five times larger TLDR TRNR is raising 500
million to buy fetch tokens for its corporate Treasury this is part of the new AI focused
crypto Treasury strategy it has already secured 55 million in funding and is using BitGo to secure the tokens.
It aims to become the first public company with a fetch-only treasury.
It positions fetch as a long-term AI asset aligned with TRNR's vision for fitness tech.
Slight difference in strategies, right?
TRNR is a pure strategy strategy play only planning on holding fetch smpx is an active
strategy play hiring ai crypto leads and exploring staking yield and software development so they'll
probably dabble with virtuals other agents that are launching newer tech and then you got trnr
only focusing on acquiring and almost being a fetch fund.
So companies are evolving into crypto AI treasury vehicles primed for becoming the future of acquisition targets as circulating supply of these assets dissipates.
So I think we're this is just one sector and I think it's going to continue to grow as
well.
Right.
Ultimately, we have the popularity of ai right now
but in general people are going to start getting exposure to ondo right to some of these rwas we're
going to see this whole sector of getting crypto exposure not just the ai sector but then in rwas
and then into another niche sector so i don't know this is the mass adoption that we always spoke
about in my opinion yeah i don't even know what fetch does anymore but isn't isn't this company
this is just something that's traded on the stock market right yeah yeah and wasn't that kind of
doubling down what i was saying yesterday where yeah that's what i'm saying so now you're starting
to see them spread out from not only majors though right so now they're starting to go crypto acquisition in general so anything that looks uh that could potentially yield or or be
a part of their overall roadmap crypto is no longer taboo yeah because i was bringing up that uh was
that alpha meta yesterday announced that they're having crypto exposure and it pumped their stock
five percent and then you see this person or this company do it, they pumped it 15%. So that was kind of what I was suggesting yesterday is like, yes, we trade crypto, we trade Web3.
Would it be beneficial for us to maybe start going on the stock market and maybe seeing these shit
coin companies like this, adding crypto exposure and like getting exposure on that wave, it's going
to pump the stock 5% to 15%. That seems like easy money if you're following the news.
So you're going to see more and more of this.
And I think if we just stick in Web3, I think we're missing out on money on the stock market if we're not actually taking advantage of this stuff.
And obviously, you see circles up today.
It looks like the Genius Bill looks to be passed maybe sometime today.
It's in the Senate.
And it looks like people are thinking that's going to be great for circle.
And it's up another, what? 10, 15% today. So if that happens today, you're going to see a lot of stable coin infrastructure go
up in web three.
You're going to see just a big, like a big uptick in general.
So yeah, I mean, I was kind of interested and I don't know if we need to be like a credited
investor or we can just do this on Webull or as Robin hood offer these stocks, but maybe
finding some way to trade these on a mere stock Web3 platform or just a synthetic or something.
I think that, you know, these companies are basically shit coins.
And we kind of envisioned this a while ago where you see all these companies and they're
like, man, our company's stagnant.
How can we raise the price?
And then like we envisioned that it would be by Bitcoin to add that accelerant.
Now these people are just adding whatever crypto that they feel like they're aligned with.
And it's selling their stock market and making them kind of pump similar to like we saw Metaplan in the beginning and these other ones.
So I need to figure out more.
I have never trade stocks, but this seems like easy money, dude.
Like all we have to do is pay attention, see these people that are actually converting into some kind of Bitcoin or
some kind of AI or crypto stock. And it's pumping their stocks. I mean,
I'm sure there's insider trading with a lot of this stuff,
but I feel like the,
this is kind of some money left on the table if we don't kind of venture into
kind of the traditional trad fi world.
I mean, but then you, you also look at like,
if you're trying to do this the legal way of just taxes and shit, bro,
I think that that's one of the ultimate
the biggest issue here is that you can't move the same way you do in crypto uh there is actual
fully enforced vesting just shit like that right and then taxing for you it's uh high capital gains
tax now right because it's a short-term investment versus on the crypto side of things motherfuckers
like well you don't know my wallet right there's just that feeling of the ability of I get to pay taxes if I want to,
rather than I know for sure the government's going to be at my door
if I make six figures with NVIDIA, you know?
Yeah, yeah.
I mean, that's the biggest fear.
Because imagine you hit a badass play on a stock, bro,
and then like you actually, to cash out, you're kind of just pigeonholed pigeonholed you know yeah i mean there i just have to do some more research i i know that synthetics
in general they got in trouble with like wells notices because they're basically when you mirror
these stocks you're basically trading securities so they got deemed like a poo-pooed on and i know
a lot of companies now with like this legislation going through there is going to be some protocol
that will let you mirror crypto stocks purely in web3 and so i don't know if there's one built or one that's
already available but i need to do more research because i feel like phantom was trying to to offer
something like that i mean there was a wallet that i brought up right yeah i was i was kind of on the
live stream and i found one that was trending and they were offering some kind of crypto trading
inside their wallet or uh traditional trading inside their wallet but just kind of seems like easy money bro
like so you don't want to leave that on uh on there so oh lord are you are you uh hearting me
bro let me uh add you let me get the phone real quick my bad bro yeah chief go ahead bro I'm gonna
I'm gonna add a good old lord up here if he wants to come up and talk. Yeah, I mean, that was the biggest thing, too.
And then I think the second biggest piece of news that we had today is definitely Privy.
I don't know if you saw that, but Stripe has now acquired Privy.
For those of you guys that don't know, Privy is the, I guess you could call it account abstraction protocol, right?
It's how you can create a underlying crypto wallet in the traditional Web2 way, right? It's how you can create a underlying crypto wallet
in the traditional Web2 way, right?
In the simplest form, it is a passkey service,
but has been integrated with crypto rails.
It's what abstract uses is with a lot of these other
trying to make it a Web2 experience companies use
because they allow you to activate sessions
and sign session keys in that process and so you don't have to always sign your wallet over and
over and over again right ideally removing the friction and making this as web to sign in with
your google address uh your email and then just continue on the website as possible so big news an hour goes is today
we're proud to announce that stripe is acquiring privy uh shout out to that team too i mean they've
been building in the bear i think for the last two to three years dude because they weren't here last
cycle and here it is right now getting acquired by one of the biggest names in the world so ggs
privy will continue as an independent product but will now move faster and ship more
and serve even better uh we started privy three years ago uh for anyone to build better products
using crypto rails and that starts with better wallets privy abstracts the complexity away
making crypto feel less oh feeling like the rest of the internet. Simple, intuitive, and instant.
Today, we power over 75 million accounts across 1,000 plus teams, enabling billions of transactions in wallets, apps, and users.
Once again, the biggest probably user or use case that I can give you guys for Privy right
now is Abstract.
You're right.
Abstract global wallet uses Privy, right?
So if you've ever interacted on that, I mean, they're literally securing an entire ecosystem through this pasty system.
So we're working great infras built with working with great teams, hyperliquid reimagining trading, Blackbird rewarding loyal diners, use Toko, paying a global workforce and Farcaster growing this social graph.
We're just getting started.
From our earliest conversations with Strike,
they've been impressed with our craft, ambition, and willingness to imagine new worlds.
Joining forces accelerates our missions.
Thank you for trusting us.
We're honored to build alongside you.
Onward.
Let's go.
Yeah.
Lord, I can't even find Lord on the on the thing so fuck it um this request up here
and i was looking on the phone instead of trying to find you it shows like 68 people in here when
there's 100 phones twerking bro so um yeah we'll we'll figure it out eventually but yeah that's
huge dude privy fucking getting acquired by stripe you're just starting to see kind of crypto go
mainstream actually institutions get hip again so it's just something that we've kind
of envisioned. And this kind of makes me feel like we're not going to see the typical four-year cycle
anymore, man. We're just having like institutions coming in, acquiring crypto. Like they have
millions and I don't know how much money, billions of dollars to just spend here and retail is nowhere
to be found. So it's going to feel like unorganic style
of space that we haven't seen before. And I just feel like this is just kind of the start of it.
If we're just going to get more acquisitions, more people adding Bitcoin to their treasury,
more ETFs, there's going to be more inflows when we would typically see a bear market.
And it just kind of makes me feel like this cycle and the cycles forever are going to be
different than they have in the past. So this is what we've been waiting for, dude.
Like we're starting to see crypto adoption from TradFi, from institutions.
They have trillions of dollars.
Retail has millions of dollars.
This is going to make the market like in the crypto market kind of trade differently, in my opinion.
So that's huge news.
And I think one thing we've always been looking at is the monetary global supply, which is the M2 money supply, which is all of money in circulation in the globe.
And China basically announced they're going to tap into 1.5 trillion fund of their own money to offer cheap mortgages and boost housing demand.
So when you start seeing this, that's basically just global inflation.
And so they're printing more money.
And when we saw the deflationary, when the tariffs went, what did a lot of Chinese people do? They went into gold
and they can't get out of the yarn and they can't do anything other than that. So they bought gold
and some of them have VPNs and they try to buy shit from other exchanges with Bitcoin. But
China adds another 1.5 trillion to the monetary M2 supply. And that has been one of the best indicators
you could keep track of, of this whole crypto market.
So if we're gonna have more money printing around the world,
more deflationary acts and more inflation just in general,
you're gonna start seeing crypto go berserk
because people are trying to hedge themselves
from more money printing.
And that's why people are attracted to Bitcoin in general
because it's scarce and you don't have to rely
on the government and wondering
what the fuck they're doing.
So super bullish just in general, man.
I think today, if we get the Genius Bill Act,
I think that's going to be massive.
Obviously, the ETF news with Solana.
I mean, we see Gito pumping.
You're going to have to look into
some of these institutional grade platforms
that offer staking and stuff. I know with Binance
and others, I think they use Zeta, which is another kind of staking protocol. So definitely
start looking into like where, if this staking is eligible for ETH and Solana, what are the
protocols that the exchanges and institutions are going to use? And yes, it isn't sexy. These are maybe four to five Xs, but these institutions are going to put
millions of dollars in there, and four to five Xs for them is millions of dollars on top of that.
Plus, I mean, where can you find in the stock market? Say you could stake your soul into one
of these ETFs. Earning a five to 7% return on staking something you already have is like unheard of. So I do think
this is going to be very, very, very publicized in kind of just the TradFi world. The fact that
you can earn these five to seven percents for staking your Solana that you already own in
your ETF. So big news just in general, big day. We have just tons of stuff macro-wise is just
making us super bullish. And it's finally, you know, summer, a summer where
we can actually, you know, participate. And it's not a bullish, you know, a bearish market where
there's nothing going on. So lots of going on, lots, lots to do. But in general, like, what are
some of the things that you're kind of excited for, Chief? I know that we have some stuff that's
going on, you know, minting wise today, we have AI.
I don't even know what Fetch does,
but that's getting added to the treasury.
We have Cato adding more people to the leaderboards
and stuff like that.
So what are you kind of more interested in?
I never really asked you much lately.
I know we kind of are in the discord more,
but what is the sum of stuff that like interests you the most
now that we're kind of ramping up this summer
and we're like, you know, kind of everywhere
and everywhere at the
same time i'm not that's the one thing i'm not going everywhere right i'm trying to maintain and
uh double down on uh the ecosystems and the sectors that i already am on top of right so
still not really dabbling much on like the actual uh agents that are launching besides on virtuals
right really looking at just the virtuals
ecosystem how to grow on that side and then um keeping my eye on on just fun stuff on bitcoin
right ultimately there's a lot of the defy uh changes coming to bitcoin people pushing that
and these new gamified mints uh nft5 i guess you could call it now with the ability to
use alkynes to make fractionalized
NFTs and stuff like that.
So you start opening up the doors for experiences, Ponzi's, games that we've had on other chains.
So really, the Bitcoin side of things, just not really interested in all the L2 token
trading, honestly, but am curious to see how the innovation continues and just the
capabilities of it, right? Fundments like Alchemist and stuff like that are definitely worth keeping
an eye on and participating in. And mainly just, yeah, same old, same old, bro. Just doubling down
on the stuff that I already do. I like JPEGs. I'm not a token man. I don't care if there's a million
dollars on the other side of a token. I mean, the chances that I would fumble that are pretty high just because it's not my niche.
Right.
And I don't know how to move.
So sticking with JPEG shit, NFTs are fucking crazy cook.
Had one on Abstract today.
Had a pre-sale slash NFT through, I think it was inception.fun earlier as well.
Steady's up another 20% on the day.
So just shit like that.
I mean, just seeing the conviction back start to play out.
But yeah, JPEGs are the game for me, man.
What is up with this?
I know we talked about this, the half banger thing, the alchemist thing.
42%.
Fucking Farmer Joe's under this calling this the ohm for Bitcoin
is that what this is going to be it's gonna be like an ohm fork but on Bitcoin
I wouldn't call it an ohm fork I mean it opens the ability to do stuff similar to how they did
on home yeah but it's not actually like designed to be that i mean it's just
a gamified on chain um experience so to speak right and you can continuously go through upgrades
uh and just kind of play on chain games on bitcoin right utilizing alkynes and then they still said
that hat said that there's still a couple extra steps to go so we haven't even seen exactly what
this is fully going to break down to right so that's really i think So we haven't even seen exactly what this is fully going to break down to. Right. So that's really, I think that we can't even really speculate, at least not on Myst,
but it could be something potentially like we saw with the Alcon Pandas, right?
They dropped, it took two or three weeks, and then they came out with this NFT-fi, the ability to,
you know, get tokens out of your Panda. And then they came in with the dice rolling game,
right? So that's kind of what I see with Myst.
They had the successful and the interactive mint itself.
And then on top of that, too, distribution is really good.
Right.
You're not really limited into selling lots similar to how we were used to them on BRC20s or on runes.
So there's people selling $2 lots
as if it was like a regular shitcoin.
You know how when you're looking at the shitcoin activity,
you got people buying a dollar,
you got people buying 96 cents.
Well, now you're opening up the door
for that ability on Bitcoin, right?
Granted, they're probably gonna pay a lot more
in like just fees and shit.
But at the end of the day,
like some people,
they wanna just gamble with five or ten bucks, right?
And see where that gets them.
And they've never really had that ability to do so on Bitcoin.
So that's kind of the different sector and new participants that I'm interested in being introduced to.
That as they're going to come and could potentially be another catalyst for the Bitcoin side of things too, you know?
Yeah, something like this will kind of be faded at first like i said and then over time you know if it's a big money wind
and people will start paying attention more then you'll see just like people trying to create
derivatives and more just attention on all kinds in general so kind of just redress the pond a
little bit all kinds are what just basically smart contracts on bitcoin and uh yeah people are going
to start building cool stuff and you know people are going to fade it at first because no wants to fuck with ordinals or they just think it's runes and they've had a
bad experience but this kind of stuff will sneak up on people especially in a hot bull market and
this will be kind of like a winner and then they'll just people just pay more attention to it
then you'll start seeing derivatives pop up left and right so you know there's a lot of tension on
this right now a lot of people that are in the OG ordinals are looking at this and very interested.
So it definitely has that OG DJing community interest.
And I do think if this is successful
and there's like a money-making opportunity
for putting a little bit of money
and you create like poor people
or rich people out of poor people,
I do think you might start a new meta over here
of kind of like more utility on Bitcoin,
which is kind of something people have been waiting for,
in my opinion, so.
I mean, RuneBine, right?
The company that used to,
or that did the early days of bridging
from Bitcoin to Sol and just that kind of stuff,
the two way bridges or whatnot,
they launched, I guess you'd say
like a token launcher platform yesterday.
And I got all the information pinned up top for you guys to
figure out if you want to use it, participate or not. The first token launched on the platform was
Black Dragon. It did pretty fucking well. I mean, I think a market cap of like 250, 300k or something.
But if you're minting and you go from zero to 300k, I mean, that's a decent little bag, right?
Issue is that it is through some type of bridge service, right?
So it's not like you could just send money and start degening instantly, right?
People were having issues that they used the sole bridge and it actually got clogged up and the BTC confirmations came first, right?
Just due to processing transactions and stuff like that.
So if anyone's interested on how to actually deposit it to RuneShot,
which is the launchpad for MindLabs, all the information is pinned up to the top.
You can deposit either Bitcoin or go from Sol to get wrapped BTC on sole and then deposit that directly
so just more innovations to launch pads and the ability to make this easier to get tokens out
there right and the decentralized decentralization aspect of Bitcoin to where anyone can do anything
right so doesn't matter if Odin.fun was first it doesn't matter if funky bit right if, right? If you're not out there innovating, if you're not consistently cooking and maintaining the attention, I mean, it's gone.
So anyone that wants to participate, this drop, I think yesterday is when RuneShot fully went live and the token went live.
So there'll be other runners or you can go over there and just buy the main one.
over there and just buy the main one.
Black Dragon is launched by the team.
Black Dragon is launched by the team.
The number one token, the first token ever is called Jeff.
Okay, so figure out if you want to go Jeff
or if you want to go with the Black Dragon token,
which is actually from the Ruin Mine team.
My name's Jeff.
That's a funny name for the first name,
for the first token ever launched.
You know, my thesis on like the chain, I feel like it has the best shot is, oh shit, turn that off, is Hyperliquid, obviously. And I've been keeping up date to a lot of stuff that's going on Hyperliquid because I feel like they have like the utility side, you know, down, the whale side down, the money side down with Hyperliquid.
And now what's forming right now is kind of the culture side, right?
And now that's the easiest part because all it really takes is attention and just people moving over there.
And you're starting to see games built.
You're starting to see NFTs starting to pop up left and right.
One of the NFTs we've talked about a while ago is Bald Brothers.
They announced yesterday that they're doing a free mint on drip trade. So you definitely uh i don't think you'll be able to mint that i think it's
probably just not going to even be public um so they've been giving out white lists inside their
discords for doing art and stuff like this if there is kind of going to be a competitor here
for hypeos or i don't even think it's a competitor just like another one that i feel like has good
backing like the m'lady uh kind of core team uh kind of behind this project I think bald brothers is one
that you probably need to be looking at on secondary when it goes live if you don't have
whitelist so just keep track of that they have basically announced that they're doing a free
mint on drip trade and uh I guess they're going to announce details more on that coming soon. Another one that I found yesterday, which I think their mint is today, is called GLO, G-L-O, Hyperliquid.
I mean, these are just in a teaser starting to pop off.
I think there's going to be a free mint.
They said there's going to be no public phase for this one.
You held their token.
You were able to get whitelisted.
You know, the art's kind of mid, but, you know, with the culture side of hyperliquid starting to form, you know, maybe this is something that has some secondary value, and so just keep track of
that one, and then the one that I found yesterday, which you basically say Ohm Fork, and you got
people running, so you're starting to see the Dijon side come alive over here, and this one is called
But hey, none of these people on the OM fucking creator chains,
which blows me, bro. And no one
on Sonic or Barra from the two motherfuckers
that come from Olympus Dile.
But they're chasing OM for us.
But this one is on Hyperliquid.
It's called Hyperfarmer.
It's sitting under 700 followers.
It's a Ponzi-style rebase-to-earn
R2E game. Think OM,
but built for hype.
As attention to culture heats up,
hype expect more of these DJs to pop off.
I guess their thing that they say is Farmio.
But yeah, I was kind of talking to the founder this morning, and it looks like they're going to do some kind of presale.
So we'll see how this goes.
But you're just going to start,
you're starting to see games pop off.
We had that Telegram game that popped off last week,
which I think it was like six hype that turned into $1,000.
Now you're seeing Ball Brothers get more attention.
Now you're starting to see Om Forks,
and you're just going to start seeing stuff being built over here.
And the culture side of hype is slowly forming in front of your eyes.
So I think it would be best for you guys to pay attention to it.
And, you know, I'm just trying to give you guys some early alpha on some of this stuff as it
comes out and I find it. So those are kind of the three that I found last night. I just wanted to
keep you guys updated on kind of my thesis on Hyperliquid and why I think it probably has the
best bet to kind of have that upward swing of momentum with the price of Hyperliquid going higher and higher.
I do think the attention side of Hyperliquid will raise with it.
So I just think it's a good possibility.
So I just wanted to keep track.
One of these is going to be, you know, the next one up.
And so I just wanted to, you know, bring those up to you while I find them.
So there you go.
I mean, there's just a lot that's going on in the space, dude.
I mean, did you check out the Remilius Maker white paper or the website, Chief?
I know that's on Sofon.
But they're basically doing some kind of stake your NFT to earn like Aura.
And then your Aura, you can enter into raffles.
And then you can like trait swap your Remilius maker which is kind of interesting i don't
know if that's going to be the the correct move this cycle right i mean you saw that with
dromelio and floor price tanked instantly when they announced this whole customize get your grails
right i mean i think ideally if you're someone that's playing with capital or size and you go
out shopping for rares the last thing you
want is someone with yo if they jump through five hoops and do a backflip off the table or whatever
they get the same assets as you and so i don't feel the value as a whale or as a brand champion
for spending the bread i mean if you're going to treat me like everybody else then at this point
what's the point of this shit right um so i think that that was one of the bigger issues i mean if you're going to treat me like everybody else then at this point what's the point of this right um so i think that that was one of the bigger issues i mean gemelio took a massive
hit yesterday in terms of floor price i think almost by about 30 percent just due to this new
uh trait swap kind of thing let me see if i can actually pull that up
um gemelio maker and i'll post that up and so it begins your gemelio is no longer static
it is alive evolving and shaped by your visions of the beyond introducing gemelio expansions
a new gateway to customization rarity and untapped uh untapped realms of lore ever wanted to change your traits choose a trait
to reroll unlock the expansion and buy a reroll ticket reroll and unveil a random new form from
common flickers to rare and radiant fragments corrupted versions of classic traits new over
the top designs and heavily demanded traits are all a part of what's
yo i just got muted
yo x espresso Yo, X.
Espresso.
Well, damn.
I don't even know if y'all can hear me because my ass got muted and it said host was having issues.
So, I'm going to just continue.
And then if we just get rugged, we get rugged.
New trades featured during the expansion, increased drop rates, unique bonuses for the Dremelio adapts, and time-limited availability for specific ones.
Collect them while they're live. When the expansion changes, so does the trait pool.
Alongside each featured expansion trait, a handful of legacy traits will also receive the spotlight and bonus rewards and dream orbs access to gated features and trait boost drops
will be active going forward with that said the new expansion is approaching
its theme veiled and crimson mist angels hunters demons red and black the crash is inevitable you
must pick a side so all the information is pinned up to the top.
Damn, I just realized X is gone.
And they'll probably be back in a minute.
Or we'll just kind of ride until I'm out of shit to talk about.
So for those of you guys that do have a Dremelio, that's why your price went down a little bit.
There you go.
Just coming back. Next, this is a drop or an NFT that'll be happening on
OpenSea. Sorry, not OpenSea, Magic Eden. And it's by the Billions Network, right?
The drop will be in about a week or so on the 17th. You still have time to get whitelist,
to do all of that, twerk, do whatever you need to do.
It is a free mint, right?
And it is in collaboration with Polygon.
Polygon is currently getting up
and cranking up their marketing
because of the Katana chain.
So just be on the lookout for cross marketing
while also cross attention because of that all the info is
pinned up to the top for anyone that's interested once again you still have time to get whitelist
and allocations as they're actively doing collapse yeah i uh i couldn't hear you and so
on the space was rugged and so it might be just where i'm at i'm out at uh at one of my um my
family's house they're building some houses and so i'm at i'm out at uh and one of my um my family's house
they're building some houses and so i'm helping them kind of sweep up and and get some shit
together so i'm in a different location today and i was kind of expecting maybe some fucking issues
but hey i got the co-host so i think i sent it to you bro so we're good we had the reconnection
we're good so i i missed kind of majority of that because I thought that the space was rugged. But, yeah, dude.
You're good.
It was Jemelio changing their stuff.
All the info is pinned up to the top.
I thought I was rugged because it vanished.
And I was just getting muted over and over.
But I got some messages saying that they heard me.
And so the info got out.
It was me, bro.
It was me.
My bad.
We got Dima up here.
What's up?
How we doing?
Yo, pretty good.
I'm just going through the stuff you
guys have gone over um how much you guys chat about the uh privy acquisition by stripe i think
that's actually massive news and like you know i just missed i literally joined the space like
10 minutes ago so you guys weren't talking about it but well give us your opinion on everybody here
heard our opinion what's what's your opinion on it, brother? I mean, it's just a very interesting timeline that we've been going down.
You look at the SBB bank run, which I would...
What was that?
That was 2023, beginning of 2023, right?
When that happened.
And that, to me, was the signal that Silicon Valley investors and just builders were super bearish on crypto.
When you see something like that happen, it's like, okay, I don't really want to fund one of these companies.
And, you know, a ton of things have happened since then.
And this is kind of one of those moments where we're seeing, it's not like a traditional finance company.
where we're seeing,
it's not like a traditional finance company.
We're seeing like a Silicon Valley
incubated finance company, Stripe,
which I don't know if you know,
if anyone's a developer here,
Stripe is like top, top tier
to try and get into that company
if you're a dev.
Like I have dev friends
that have gotten to the seventh round
of a Stripe interview
and, you know, just didn't make it.
And they're still absolute like Chad devs.
It's a very hard company to get into.
Their engineering culture is really strong.
If you look at like outflows of AI companies poaching from top Silicon Valley companies,
like Stripes right up there.
So these guys are legit.
And yeah, just seeing them acquire Privy and like as someone that's building a product
that, you know, we're currently going to have just regular wallet integration. And I looked into Privy and like as someone that's building a product that you know we're currently gonna
have just regular wallet integration and I looked into Privy it's it's a great product I definitely
consider it down the road um but there is some weird shit though Dima like for example the the
fact I mean I don't know if this is abstract exclusive or if this is just the overlap of privy's tech in general
but since privy is being i guess the wallet issuer right slash the middleman and all of this
um for abstract specifically right i know that they went down the account extraction
abstraction route etc but right they paired that with privvy and there's no way for you to access the private key
to that account.
It is literally impossible to access your abstract global
wallet on any other chain besides abstract directly,
even though it is a full EVM wallet.
I'm not sure if that's just the overlap
or the Privy's rails that-
I'm pretty sure it is.
So you see, that's a feature.
For guys like me and you, that is a bug.
For the random dude that just wants to try
some random crypto product
and knowing they can just log in with Gmail
and not have to worry about their private key,
that's a feature for them.
I fully agree with you.
I will never fucking use.
I've never used privy.
Well, you need to at least have that.
I get that point, but not having that ability of something that's fundamental to the tech
is something that I don't.
You know what I'm saying?
Trying to explain that this is an actual EVM wallet, but what we want is it's impossible.
It's technically impossible.
And it's like, well, it's technically not impossible. Like it's technically impossible. And it's like,
well, it's technically not impossible. So you made it impossible some way, shape or form.
You know, that was, I guess, my biggest issue is that I get it making it easy. But then if you have an advanced user, the advanced user can't be an advanced user, you know? Yeah. So the advanced
user isn't going to use, I mean, obviously what we're starting to see is a centralized
infrastructure and then a decentralized infrastructure.
And so the people like us, we're not going to choose that side.
We're going to go more decentralized because we believe, you know, not your keys, not your cheese.
But like if we're going to onboard normies into the space, there needs to be some easy way.
And I think the first time I've ever got introduced to Privy was through Frentech.
And I was just amazed at how quick and fast it was used.
So I think this is for the people that are just like,
fuck, I don't give a fuck.
I don't want to lose my shit.
I think Privy is something you're going to start seeing
more and more new people start using,
and they don't have to worry about the whole losing your seat phrase.
There'll probably be some backup storage unit where they-
It's just hard for us as leaders in the space and as educators,
as let's just say guides, I mean, we no longer can facilitate or help these people.
Like it is out of even our hands.
You know, that's one of those things, too.
It's like the ability of having these, like if someone sends an ETH asset to your abstract wallet, it's gone.
It's burned forever.
And, you know, so it's like it's stuff like that that we got to explain to people.
And they're like, well, what do you mean?
How? And it's like, well, there's no support that we can offer you as users like this support is now dependent on the entity right the centralized entity privy so i think that
that's just i guess the the it makes it even harder to guide and educate because it is now
coming out of our hands right it's it's being centralized so i have a ton ton pack there um agree with you. I remember the first time I saw it wasn't friend tech. I think it was
pump fun, like introduced privy when you already had like regular wall connect.
I'm someone who says I love privy and I've literally never used it. I love what it does.
I looked into implementing into our product because I was like, okay, like it's kind of
normie focused.
Like I see the gain here, but it's something that we're not going to do for the time being.
But like, I still love it as something for the space as like somebody who's been using
MetaMask and Phantom and all kinds of hot wallets for so long and, you know, have C
phrases and all that shit.
Yeah, it's not for me, but there's a reason why crypto is as small as it is. It's because of that barrier to entry and they
just are eliminating that. Now, what you're saying about abstract, I've never used abstract.
That sounds terrible. But again, for a user that's like, oh, I saw a pudgy penguin in Walmart
and then somehow goes down the rabbit hole and they get to that login screen for whatever dap.
And it says sign in with MetaMask.
It would stop right there.
You know what I mean?
For whatever dap, they'd be like,
well, I don't want to own my money.
That's scary.
You know, like it just scares people away.
It's just a technical.
Well, yeah, that is the number one thing.
Like even onboarding people look and they're like, well i lose those words the money's gone forever and you're like
yeah yeah but just don't lose the words you know like put the words away
no i i agree with you but i just again i just see it as such like a big
just a big plus for the space i don't know some people are like oh crypto's losing its cypherpunk
ethos it's like all right just use bitcoin if you're worried about that. But if you're
trying to use dApps and use a different
financial system, use a different payment rails for everything
and globalize those payment rails, crypto is still better than
traditional finance. And yeah, I'm just stoked
by that. I woke up and i saw that and i
was like that's this is this is good that won't be the only acquisition that big tech is gonna buy
that's not the only one it's super bullish just in general you're starting to see like institutions
adding crypto we saw the fetch like people are adding fetch to their treasury just seeing just
like the institutional adoption and it starts there? Like the big money gets in.
One of the things that I do like too on that is that we're not getting people selling out, right?
Maybe to a certain extent we are, but you're actually having these companies like pay for services, right?
We saw Lyft pay for Natix.
We saw HiveMapper and Honey now onboarding other people.
So in my mind, in all honesty, I assumed we had to squeeze the
juice we could out of these protocols because when the conglomerates, the big web two companies
want to use this info or these rails, they would just buy them out. Right. And it's just been,
I guess, cool to me see that, you know, this stuff is valid and they're not taking the route
of just selling out. It's no, I will let you use our infrastructure
or utilize Bitcoin or crypto or blockchain, right?
But it's not like you can just consume it in that sense.
Yeah, we lost the cypherpunk
whenever institutions started buying Bitcoin.
Like once that happened, we're not cypherpunk anymore.
And I'll go through it to you, DM.
You just mentioned HiveMapper.
The guy that runs HiveMapper, Ariel.riel hive mapper landed a fortune 500 customer today and yes we'll be able to announce
them stay tuned so just another example of just crypto and just it's going mainstream dude a
fortune 50 customer bro i said 550 is integrating themselves into hive mappers so you're gonna see more and more of this stuff roll out
It's just gonna make more and more people comfortable of you know taking the time to actually invest in the space and look into it
Good Dima my bro. My bad bro. Uh, no, no
I was literally just gonna say that that in general these acquisitions
We the ships already sailed the cypherpunk shit like it's not it's not dead
Again, there's there's apps that can be built that still fit that, that mold. And there's use cases for those things, but it's like, okay,
globalized payment rails for everyone, regardless of what country you're from,
very easy to onboard. You need a fucking email address and a phone. Like even seeing that product
the other day that launched upside fund, was that on your timelines? Do you guys see that thing?
Yeah, dude, that's dope.
I talked about it yesterday in the space.
I think that's super interesting.
Very cool.
I don't have access.
I'm too busy.
I don't want to have access.
That's another thing.
I'm seeing all these apps launch and I'm like, if I spend 10 hours doing this, I'm
just going to like, I'm going to lose focus on what I'm building.
So I just, I don't want to, but I'm looking at it for so many things.
First of all, the virality of their launch it's like okay let's have 100 users and drop 20 keys based on twitter
engagement as as we're launching right great idea it just like feels FOMO you know it's an easy
onboarding experience I'd love that but also like the fucking AI videos where they're all like
introducing each other one after another like jeff bezos goes wow kanye
really has a way with words anyways and he starts talking like and he has the stutters and everything
bezos does too they did a really good job deepfaking that's a good job and it's like it's
like these kinds of things like a normie sees that and i don't know who's seeing it you know
they're not on crypto twitter i don't know but like you could show upside fun or whatever the fuck it's called to somebody who already maybe is into like sentiment analysis and like, like, you know, maybe uses some kind of Twitter tracker for buying stocks and they see that product and they go, you know what?
I already like follow social trends and make money off of social trends.
This is in that realm and i can download
i don't think it's an app it's it's like a it's a website but you can log in with privy i'm pretty
sure that's how it works on the mobile um but that's fucking that's huge like that's huge i
don't know it just wasn't it was not possible two years ago right it wasn't possible yeah we kind of
had this with meme coins right and what's been, what was like we saw that during kind of the election.
What was the biggest downfall of it is the PPP nature of it.
And people just want to bet and win.
And so they moved to poly market.
And now, like, what's the biggest issue when some viral moment goes live is the fact that Solana DGNs, there's 16 coins that launch and you don't know which one it is.
It's all fractional liquidity.
Now you can be early to a trend and add it on to upside.
There's one, there's no sniping.
And then you can make money off like predicting that this post is going to go viral on Instagram, on TikTok, on X, dude.
So it kind of eliminates what everybody's frustrated with.
One of them is sniping.
The other one is just the PVP nature of what we do with the tension tokens right now in the PVP nature.
So I am super interested in this.
I am in phase two of this to get in here.
It's already fucking going crazy from my understanding.
And I just think this is probably going to be something you could see a lot of normies participate in.
It's not that difficult to understand.
It's pretty brief understanding.
And you could be early.
Like a lot of people are just early like you mentioned uh chief uh high indian which he's on tiktok a lot and he was sending you
fucking vert like viral stuff on tiktok and to become trends over here on coins like those are
the kind of people that aren't even web3 that can unlock a lot of money um by just understanding
like how things go viral on the internet dude it's not that steep of a learning curve either. So I think it's gonna be interesting to kind of keep track of upside as it
goes forward.
With a lot of people betting on,
I guess,
outcomes.
Who's the one actually generating the outcome as the user?
If the incentive,
like people,
huh?
Sorry.
It's the people that it, like that's that's how it
works like you you i think you buy in to like you know whatever whatever tweet it is or whatever
social media post it is and then the next person that buys pays a slightly higher price as well
as the creator like a bonding curve yeah like like a bonding curve more or less but i think it's more
of like a tournament and then it ends i don't think they're indefinite um again i looked into it for like 20 minutes and i was just laughing at their
onboarding and i'm like if i was still trolling the pump fund trenches i'd be all over this right
now but uh that's not the case i have a couple questions though i guess more just about the
daily alpha so like i don't want to shill i what's the shilling policy up here what what is it i want i want to give me give me the is there is there like a docs i can read
no i mean the the way that we work has always been in a sense of deserve to earn right you come up
and you contribute to something that's greater than yourself which is what our ecosystem is and
what this show was founded on and eventually we just ask you yo what are you doing and what are
you building i mean it's just natural flow of conversations that i think that's a hard thing for people to get
like yo if you want to talk about yourself show up to the same fucking place every day and i
guarantee you after about two or three times someone's gonna be like hey bro i see you all
the fucking time what's up what's your name what do you do oh that's cool i haven't met you yet
so it's like make this as natural as possible in that
sense right and that's just always how we've operated uh that's hard for a lot of people
for some reason i mean i don't know they feel like the entitlement of well i'm doing xyz
so there's that route too right and so yeah but you've been up here you've been contributing i
mean you've always referenced in in my opinion the correct way to do things is how you say it.
Well, it's like, oh, by the way, well, what we're building is X, Y, Z.
And then eventually someone is going to ask you what you're building, right?
I'm just a big proponent on being asked to sit down rather than to ask to lead.
And that's just kind of how we've always operated up here.
But feel free, Demo.
I mean, what are you going to do?
Yeah, I just, we obviously, we hung out in Vegas very briefly, but I don't know if I told you what I was building.
It's not the time or place. We're still kind of stealthy. But what I'm going to say is that I'm
going to send you and Expresso some beta keys within the next week or two. And then, you know,
maybe once we've kind of, once it's a little bit less stealthy and we've kind of worked on it a bit,
I'd love to, you know, like talk about it on here.
But at this point, I just wanted to say,
I'm sending you guys both keys
because this is probably my favorite crypto space.
One of my favorites in the sense
that I come from the Ordinals crew.
You know, I built fucking SatScreener
specifically for Bitcoin L2s.
And I've just decided that like,
if it is in crypto and I like the product,
I genuinely have no dogma towards what chain it's on.
If I'm just stacking my own money, yeah, Bitcoin all the way.
That's what I believe in.
But when it comes to apps, whatever makes sense.
You know, whatever makes sense.
On that note too, Dean, I think one of the biggest issues,
as someone who comes from the Ordinal space, ordinal OG, all that shit, right?
The biggest issue with the ordinal's ecosystem was the fact that we shamed anyone for participating in anything besides Bitcoin.
And we're shaming poor people.
Bro, we're not shaming rich motherfuckers who look at you and say, oh, yeah, I'm a Bitcoin whale.
Suck on this and drop and go sweep
a collection we're shaming people that are trying to keep up with the joneses and so to sit here and
to say there's not an opportunity to go write two dumbass reviews on ethos and pull a four
eath nft i mean i don't know if you have that privilege or if you guys got that kind of bread,
but I mean, I don't know. Yeah, I don't. You know, like, let's be real. I don't. I mean,
that's 12 bands just on the table for a dumbass Yelp review. And so that was the biggest issue
with the Ordinal Ecosystem starting on is that we disincentivize people to make money elsewhere
and bring it back home. And that was the whole mission, right? Is to
basically cipher culture, money, liquidity, dApps, fund from every other ecosystem and show them that
it's possible on Bitcoin. The problem was, is that we didn't get any new, met new participants
because the money that was there ended up being depleted it was all spent
and we shamed anyone for trying to make money anywhere else i mean what have the miners done
for us with all the fees that we fucking spend what if the miners they can't even pass ctv or cat
like what is this you know what i mean like we we literally made miners rich for a year by spending
so much on the mempool and these you bet you've been to bitcoin conferences the bitcoin miners it's almost like its own industry it's like a fucking electric utility industry
they don't give a shit about bitcoin it's crazy it is a crazy dynamic and i only started learning
about that when i got into i'm like okay wait so what role do the miners play and everyone's like
well they more they're they're utility companies they're not they don't bro they're utility companies. They're not, they don't. Bro, they're the middle man just grabbing the pack and sending it down.
That's it.
They just take a slice of everything that they touch.
Right?
And I mean, I think that just to kind of like at least wrap this thought up was, I mean, the reason we found ordinals was because we're open-minded and willing to change everywhere.
because we're open-minded and willing to change everywhere.
I mean, I found it on spreadsheets.
I just didn't bring it to TDA on spreadsheets
because as someone who's quote-unquote leading the community,
it wasn't safe, in my opinion.
It was pure risk early on.
It was 100% opposite of what we preached and talked about security, etc.
But the minute Unisat, we had one wallet,
oh, it was game time, right?
And it's all because we had the ability
of being open-minded and willing to experiment.
Same thing with Barra, being willing to experiment,
check it out, go there early on,
establish yourself as someone interested in the ecosystem
or whatever it may be.
I mean, those connections go a long way.
So I don't know, I've been kind of talking about this
and as someone who's just, I spend my money on Bitcoin.
I collect on Bitcoin every day, right? Or anytime that there's an opportunity to. I mean,
I bought don't avoid bright lights. I brought that up. I shared it with the community, but it's like,
that's a you spending money. It's not a you making money, right? Can you potentially do both in the
process? Yeah. But in all honesty, as someone who's been here through the ordinal ecosystem,
we're not really making money. The only ordinal mitt that made money really made money was FTW.
And then before that, it was I'm rocking it, baby.
Yeah. And before that was six months prior.
So it's like if we're waiting for these six months liquidity injections and you want everybody else to just sit on their hands,
well, you're going to have a bunch of people going to work nine to five and who aren't even going to be back the next six months right so yeah go make money everywhere and then just
bring it back to bitcoin if that's your home yeah i felt like i felt like a lot of people
from solana were early to bitcoin and they were the ogs and they just took all their money and
went back to solana that's what i feel like happened and that's you know you saw the price action on it but like look what just happened the fucking mascot of crypto it's
fucking on every chain it's on everywhere pudgy penguins we're happy to announce we will be
partnering with nascar to bring pingu to nascar fans worldwide dude that is massive fucking news
chief remember me saying that pudgy penguins need to get a monster truck, bro?
This is like probably bigger than monster trucks.
That's a step above, yeah.
Yeah, but like kids love monster trucks more.
And the fact that a pudgy penguin, there is no penguin monster truck.
My son loves fucking monster truck.
He has all of them.
He knows all the names. I think an untapped IP would be them getting into Monster Jam and having a pudgy penguin fucking truck.
them getting into monster jam and having a pudgy penguin fucking uh truck do you get i think that
monster jam actually makes more sense because it's catered towards a smaller and a younger
demographic i mean yeah nascar is big but ultimately let's let's keep it real you got
clay and the swords that were on formula one two years ago right i mean you literally just had
clay knows on formula one again when they did this newest launch and they were talking about
that so it's like what does that do to the who's the average nascar enjoyer bro come on man you got
some dude that's in his 30s out there getting fucking faded on beers in the hot ass sun watching
motherfuckers drive that's the majority of the crypto yeah i agree like as an ip it's not great
but the majority of crypto people are that age so I don't think it's a perfect partnership to get me wrong. But there was a Doge. There was a Doge car back in the day that got massive exposure to. So this is just kind of leaning into the fact that this is going to be seen by thousands and thousands of people 300 times every fucking race and so it's just getting more
and more eyes on the pudgy penguin brand yeah it's just brand notoriety that's all this is right it's
it's the reinforcement of this character being something and the fact that you've seen them
before and then when you can actually see them in a store or something you then add brand association
right oh shit this this dude looks that's what happens i mean look i want to
kind of explain this we're talking about trends and collectibles for those of you guys that don't
know the reason labubu is what labubu is when we go into physical collections right you want to
know why mentally everyone is somewhat attracted to it but they don't it's the character from where
the wild things are the book that we all read as children, the little kid that
dressed up as a monster to go into his dream world to play with all the wild monsters,
that's the replica in the silhouette of what a labubu is. So that's why when you look at it,
it's kind of like, oh shit, it's kind of cute. Where have I seen it from? What is this? Why do
I want it? Why does it seem
familiar? And you don't really know what it is, right? But this is a book from literally 20 plus
years ago, where the wild things are, look up the little character. And that's where the word
monsters and all of this whole of boo-boo IP spawned from, right? Ultimately, then you have
celebrities, socialites, et cetera, like you do as catalysts for any collectible but like you're saying like
the ability of not knowing where it's from but feeling so familiar is kind of what is an
attraction point and a skill and a tool used in marketing i agree that's where i remember seeing
it i got that book for my son uh at his baby shower and i read it to him i think the last
time i read it was last year i was wondering where i thought yeah bro that's literally what it is if you look at
a little boo boo and then you look at the where the wild things are you're like that's why like
for so many our demographic and our age group that's why everyone looks at him as like oh that's
it's kind of cute but it's scary but it's kind of i want one you know it's it's that blend of
putting people in that where have i seen seen this? I just want one.
Fuck it.
Yeah, dude, that's crazy.
I didn't even put the two together.
That's why it's so recognizable. It's like seeding it, like seeding your brain with that IP, and then, you know, pudgy penguins.
Or him.
He went through and grabbed an IP that was already seeded deep in all of our brains.
You know what I'm saying?
Yeah, but now he's seeding it.
He's subliminally messaging the people that are going to join crypto in the next 10 years and they're going to see this
and recognize this so like labubu took 10 years for it to get notoriety like fucking pudgy penguins
is everywhere they're on every chain they're fucking everywhere they're in walmart so he's
basically like seeding people's brains 10 years before they come into space and when they come
here they're going to think of this as like the doge dog. And they're like, dude, I seen that on NASCAR.
I seen that in a monster truck. I see that in Walmart. I'm familiar with this. I'm going to
buy this. Where can I get involved? Oh, they have a token. I'll just buy it on Solana. That's my
favorite chain. So this is fucking genius. Like he just fucking spraying his IP wherever he could
put his IP. And I mean, he has the money to do so. He has the connections to do so. Obviously,
he has the marketing to do so. And this is going to age very well in enough time right so give it five give it
10 years you're gonna start seeing the new people that come in the space whenever you know rates
aren't high and when people feel rich again probably fomoing into fucking pudgy penguin
shit dude so definitely ggs what up arf bro dude nothing dude just fucking bullish as hell right now
all this shit happening at once like i think this market's gonna get crazy dude this cycle
everybody like you said dude everybody's just like programmed like there's stuff everywhere
and now with like all the stable coin news the privy wallet yeah i don't know there's some bears
around amongst us even but i think they're gonna get fucked type shit you know yeah dude it's time bro i'm just happy to have a summer where there's
people here like uh it's been it's been a boring ass summer the past three years there's weekly
and now that we have people here people excited uh i mean just gonna lead to momentum obviously
there will be a downturn in the market but while while it lasts, it's fun. There's people, there's going to be airdrops. There's people
that have been sitting on their hands waiting for announcements. There are going to be people
building. So there's not, you know, there's always going to be stuff to do. But now with this kind
of institutional adoption with eyes, with corporate people from Silicon Valley investing
in the crypto, I think this is kind of the start of something that's much bigger
and kind of crypto domination for the rest of our lives.
So it's good to be here.
I mean, there's going to be downturns in the market,
but it doesn't mean that crypto isn't going to just continue to,
you know, Bitcoin is moving faster than the speed of the internet adoption.
So just imagine just crypto is probably moving at a faster pace.
And it's just going to be interesting to kind of be here and witness it all and kind of talk about these spaces 10 years from now.
You remember when I was sitting next to Lord Arf in the space or DEMO when they were building this and that and look at them now.
Now they're part of this brand and they built this.
And on that note too, that's why you go to conferences, you bum ass bitches.
You guys are here full time in Web3 and aren't even investing in what the fuck you call is a full-time job.
Make it make sense.
Shaking hands with people like DEMA and anyone that's building in the space, that's what opens up doors for the future.
I shake hands with Steve at a conference.
He lets me on stage anytime I come up here.
That's all it takes.
How much is my plane ticket?
I don't fucking know, but it was worth it.
To segue on builders super quick, if you or your TG group chat or your personal community,
whatever the fuck, are interested in testing out a brand new product on Solana that I'm
not even going to name yet, that democratizes trading meme coins so that there's always
a winner, and no, it is not a meme coin launchpad.
There is 7,000 of those.
It is something completely different.
If you're interested in any of the words that just
came out of my mouth and you want to try something brand
new that's going to be coming out within the next
two to eight weeks, hit
my DMs. I'd love to give you a beta key
when the time is right.
That's it. That's all I'll say.
We're going to be beta testing for y'all
fuckers. If it's good, we definitely think we're going to bring it
up as alpha. No, I'm going to use my referral link. That's what I'm going to use if it's good. We're going to be beta testing for y'all fuckers. If it's good, we definitely think we're going to bring it up as alpha. So that's what I'm going to use. It's good.
We're going to sweep. We're going to sweep it.
We're running down the time in the space. Yeah, go ahead.
Just a couple of things as we wrap it up.
Pre-sale that's pretty popular, right? It's,
they've been cooking for a while now it's called the K's.
I can't remember.
I think it was called midnight society was the last banner project that was out and i think that they were on eath and everybody used to rock those like
uh it was like it was just banners bro like japanese style banners of people at the the
bus station and shit like that well case is doing something similar instead Instead of going the PFP route, they're going for banners, right? Specifically art-based banners. The drop date presale is Tuesday the 17th at 11 EST. Supply is $6,400. Price is $0.042 ETH. Roughly $115 USD. Probably at the time of writing. Granted, if E if he runs it is what it is right
um uh you have whale uh doing a little bit of a bull posting and just doing a brief breakdown
of what case is apparently it's more than just a banner uh company or anything like that more than
just nft right they're trying to tap into the nft whitelist side of things for InfoFi, right?
So I'm just going to do a little brief breakdown of what he said.
And then if this interests you, you can do a deeper dive.
InfoFi proliferation continues.
We've seen the initial attention offerings, how this can be done for fungible coins and TGEs.
But I'm pretty sure it'll be used in other sectors as well.
Kaze is currently doing this with their NFT whitelist process.
The number of NFTs one can mint is determined by various InfoFi variables that indicate
connections to the project, for example, engagement, post, loyalty, wallet activity, etc.
Right.
I think that this is ultimately not specifically K's,
but we're going to get into this new realm
of on-chain activity being valid again, right?
I break this down for you guys all the time,
but campaign, right?
A lot of these companies don't mind spending the 100K
to go to market because it is a go-to-market spend
and it's all about acquisition
but the fact that they're not requiring on-chain activity or a quote-unquote skin in the game from
these kols or people that they pay for right means that the only way that they are now going to go
from acquisition into a retention model is to continue doing the leaderboards and continue incentivizing right when we shift into
the fact that you need on-chain activity aka skin in the game uh use the protocol xyz you have a
higher chance of actually converting brand champions rather than people who just the marketers
right because in all reality, Cato attracts marketers.
It doesn't attract users, right?
So anyway, the number of NFTs can, I just read all that.
Okay.
Community curation has always been a big concern for NFT projects. It's been the past been done through applications.
And we've also seen applications on Utes and AVAX like Blobcoin.
But this is flawed by definition, subject to corruption, favorism,
and hardly scalable. InfoFi can improve the process by making it more metric and data-driven.
Excited to see how my friends at Case Connection do and the impact on postman activity and long-term
holder escape. So aka TLDR, you're probably going to have to connect your wallet and go through some type of verification
process. And they'll use similar to Kato, right? Some type of AI scraper to see any interaction
you have. And that'll ultimately, if you're a big tweeter, a big yapper, whatever it may be,
you can maybe mint five versus the guy who just makes one post and gets whitelist. He can only
mint one, right? But I think that the issue with that is the people that are working for these bags that technically don't need them are the ones that always sell them.
Right. Which is an interesting dynamic as well, is that you don't have these whales acting as whales. You have these whales acting as marketers.
acting as marketers and so receiving assets whether it be one or two or five the increase
from one to five means that four of them were a payday and one of them was just for whitelits
right so just an interesting concept kind of going forward and on how to navigate this as everyone's
trying to figure this out but i do think that uh the creator of noise wrote probably one of the
best points of that i saw in terms of just
this info fi stuff so give me one second let me see if i can find it but it was just kind of like
a slight dig at the fact that uh info fly isn't based off of leaderboards right it's uh okay
leaderboards that reward people for tweeting are not infooFi. These are grifts at best.
Simply put, InfoFi transforms information into an asset by assigning it a value.
And so that's where I think that the biggest shift is going to have as we have more and more of these InfoFi platforms is,
cool, what's the underlying thing that we talk about in D-Pen and R-WAs here?
What is the data and what is it worth?
If the data is no longer worth anything, then the platform itself is no longer worth anything.
Right?
So think about that too.
It's not just the ability to aggregate data because we're now getting a bunch of just data aggregation systems
rather than utilizing and being able to monetize your data and use it effectively
i think the banner that you were trying to mention was midnight breeze was that that was that the one
yeah that was the one that was beforehand that all like the kaijus and the young keys used to rock
and everybody like that yeah that was a banger bro i know there hasn't been one since and i think
those ran up to like half an et shit when they were at their peak.
You know, so and these are good.
These actually look really good.
You guys can check out the case creation banners and just once again, you have a week to get whitelist if you would want to get an allocation to participate.
And lastly, Trump announcement dot com.
The Trump organization says that they have a not your average announcement coming soon
i don't know what it is man i mean you had the cease and desist with the wallet
you had more nfts yeah you had the trump world liberty five fighting with you know eric trump
fighting with the trump team but yeah this is the newest post for our Cheeto Puffs engagement spree. So be expecting some tweets from him or from someone in the Trump family to either quote retweet or some new product coming out.
Is Trump announcement.com.
Is that actually part of the Trump team?
Like, like, is there going to like be a cease and assist when this is announced to bro?
Like what the fuck?
I don't know.
The Trump, I mean, the page is don't know. The page is real.
The Trump organization page is real.
But then again, you don't know, right?
You don't know because of licensing deals.
You don't know what team has what, what team can say what.
And I think that that's where we all got caught off guard
or just confused with the whole Magic Eden announcement, right?
Because we're a Liberty Flyer.
It's not the Trump team that released the ordinals or the NFTs.
Those guys actually have a license to use Trump's name to do X, Y, Z, whatever the fuck. And the other people don't. Right. The other people are Eric Trump and co for a business for World Liberty Phi. So this just gets muddy, bro, because it's all announcement based, you know, and it's all him just pumping the price based off of the tweet. Yeah, I would not get too excited until we get an official confirmation from Eric Trump and the crypto team behind Trump, bro.
Like that pump to that, that announcement of that wallet pump magic, he didn't price up to like $1.28.
And as soon as their fucking wallet got disassociated, like dropped it in price.
So just be careful with all this stuff.
with all this stuff a lot of people put their name on trump but you know if it's not officially
A lot of people put their name on Trump, but you know, if it's not officially Trump, they're probably going to disown this shit.
trump they're probably going to disown this shit so i thought it was i thought i was going to say
i thought it was a good indicator of like the culture in the space that you could have two
opposite parties saying like the other one is wrong where the official like it's it's kind of
disappointing that that was even a consideration we had to make that someone as large as magic eden
was uh you know not getting
all the right info being unclear about who the fuck they were working with yeah i think that
was the biggest shocker is the fact that someone as tapped in as magic eden didn't run this by
through the trump team before announcing it i think that was well i think it's because we also
think that this shit's a lot more official than it really is right and in reality they're just
degen and fucking winging this shit like we are, bro.
I mean, they recently got into crypto after since Trump got elected, right?
I mean, they've been buying personally, but this whole, oh, crypto's an industry we want to be a part of?
I mean, that's new to them, too.
So I don't think we can even give them these kind of Web 2 certs of being the big guys and Web 2 businesses and this.
And I think that they're on this side when it comes to the Web 3 world, they're just like us, bro.
They're just trying to figure it out and do some fun shit and, you know, navigate.
I'm with you, bro.
Just like a bunch of idiots like us with a bit more money and organization.
Yeah, pretty much.
Yeah, they got more money and more followers than us.
Who saw opportunity the same way that we did it.
And we're like, yeah, fuck it.
Let's check out this crypto space.
You know, like that's the thing.
I think we give them a lot more,
oh, it's their trumpet team.
Hell no.
It's just some DJs that got paid more than we did
to give bullshit advice.
You got devs, bro.
You can do whatever you want in this space.
Devs and money is all.
Appreciate you guys coming out to Daily Alpha. Appreciate you want in this space devs and money so appreciate you guys coming out the daily alpha appreciate you Dima as a
Lord I'll leave it here for chief we'll see you guys tomorrow show TDR stay
poor appreciate everybody that came out to the TDA as X said Tuesday through
Saturday 11 through 12 12 30 central time again, stage is always open, guys.
Please come up, please contribute, please grow.
I broke down a little bit of that kind of the deserve to earn model
that we do here at the TDA, but treat this like a normal conversation.
I mean, you don't walk into the room and say,
hey, do you know who the fuck I am?
Look at what I'm building.
No, people don't care.
Like, this is the thing.
These are normal conversations.
We're normal people, bro.
Have someone just say, yo, what's up? You've been hanging around every day. What do you do? Oh,
you're a cool guy. Let me learn more about you. Right. I mean, it's very, very simple.
But other than that, a thread will go out at the end of the show. It'll cover everything that we
talked about, all the opportunities, use it as a resource as you're doing your research later.
Show some likes,
loves, retweets, et cetera, on the page, on the post. It's how we get more opportunities for the TDA. We'll catch you guys tomorrow. And as TDA or stay poor, we'll see you in the foundry. .
