THE DAILY ALPHA♻️

Recorded: Nov. 11, 2023 Duration: 2:49:22
Space Recording

Full Transcription

Yo, what's up?
What's up, what's up, what's up?
What up, bro?
How you feeling this morning?
Feeling good.
Just chilling.
How'd the event go last night?
It was pretty dope, bro.
I ain't gonna lie to you.
It was more on the personable side.
Personal and personable side.
I think about 40 people
pulled up.
So, it was nice.
Amber, Vittoria was there.
Delta Sauce.
Dirty Robot made an appearance.
And crazy about that, dude,
Dirty Robot's, for one,
never been doxxed.
He's never been to any single NFT event.
He's never been to LA.
And my man's left Japan
to pull up
That's crazy.
Like, it is.
Like, people...
And he was just...
He kind of explained it.
He's like,
I knew this would be a smaller setting.
It's a little bit more personal.
People would kind of respect my wishes.
Versus that if I go to an NFT NYC
or something like that
and I tell them to, like,
leave me alone.
Don't post no pictures.
Don't do anything like that.
It's not gonna work.
Yeah, man.
It was really...
I was kind of sitting there.
out of all the places
you chose here?
Like, I'm humbled.
But, damn.
But, yeah.
It was cool.
The list of...
I was doing a little breakdown
of some of the people
that are on the list.
There were some...
The people that have, like,
super rare collections
that have, you know,
like, two to three
up to 80 sales
on some of these pieces
and stuff.
Dude, Dengue's
is the highest selling
artist on super rare.
What's his name?
Which piece was his?
The D-Gen room.
He's the one that
he's the one that
designed the nifty
portal pass.
Yeah, so...
I know what you're
talking about.
The one that had,
like, the Easter egg
ticker Bitcoin
or the Bitcoin
in the distance?
He's the one that
has, like,
the D-Gen room.
It looked like a
like a computer room
that's all beat up.
With the toilet paper
on the desk?
Yeah, toilet paper
on the desk,
all that and all that.
He's the one that
designed, like...
He's a huge
super rare artist.
He designed the nifty pass
and all that kind of stuff.
Yeah, man.
Like, there is...
I mean, it's pretty crazy,
I was trying to think of,
you know, since secondary
doesn't start until Sunday,
which one would probably be...
Like, what are some
of the higher
floor price pieces?
Yeah, that's the thing.
I mean, of course,
everyone's going hard.
Dirty robot.
But now, like,
the speculation starts.
Like, which one do you think
goes for the highest amount
right off the bat?
Which ones are, like,
the top tier
and which, like,
the middle tier?
Which one's, like,
the floor ones and stuff?
It's going to get fun on that.
And then we also had...
This was interesting.
We had the people,
obviously,
those that faded
all hit us back up.
But not only that,
all the galleries, right?
The galleries that we had
talked to,
we had them all
make an appearance yesterday
and just kind of say,
yo, we had to swing by
and we're sorry
and we should have
like, hosted you guys
and let's do something
next time.
it was cool.
Yeah, like,
I kind of figured
that was going to happen.
Justin came through,
you know what I'm saying?
repping the proof
and just, like,
proof dropped the ball.
Let's do proof Bitcoin
sometime soon.
And I'm, like,
I'm down to talk.
that'll be interesting
to see how that develops
Yeah, I mean,
this is the first piece
you guys dropped.
So, this is going to have,
if you guys are having
the ears of Justin Menzel
and all these galleries,
I would imagine
the destiny this is going
is going to be something
that's pretty,
I don't know,
pretty big
it's going to have
some provenance
in the future, right?
That's one thing
that I hadn't really
thought about.
And then, like,
people are kind of
just talking about it now
and it's starting to click.
They're like,
in a sense,
what we did,
they're like,
you know that that shit
was historic, right?
They're like,
people are going to
talk about this.
This is going to actually
go down in history
as the first time
artists came to Bitcoin
and all that
for the rest.
And I'm like,
I never really thought
about it like that.
I didn't think
I was trying to do this
to make history.
I was just trying to do
something cool,
But, yeah,
it's kind of cool
that that's kind of
the trajectory
that it is,
that it is somewhat
like a historic moment
in the provenance
of Bitcoin
and the ordinal ecosystem.
appreciate everyone
here that helped
support me.
First of its kind, baby.
First of its kind.
That's what I was telling you.
I was like,
people are going to fade it.
They're going to see the demand.
They're going to be slapping
themselves in the face.
every drop you guys have
is going to be
a fucking shit show.
We didn't think
the website was
a shit show
the first time.
Wait till now.
Now everybody knows
about this.
It's going to go crazy
from here on out, bro.
We're already like
to the point
where if we wanted
to do volume two
The inbox is full.
got it on, man.
now we do.
Now we do.
I was like,
in the beginning,
no one wanted to fuck with us.
Now everybody's like,
we saw your lineup
and I'm sorry.
Are you willing
to work with us
in the future?
Let me get you
on the wait list.
we only have,
can you be on
season four?
it was a big day.
The announcement
came out yesterday
of all the artists.
You guys left,
you guys had a little
cocktail party last night.
Some of the artists
and then I guess
if there's no delays,
I guess live trading
goes live sometime
tomorrow on Magic Eden
and Gamma,
Is that how that works?
Magic Eden and Gamma
will be live tomorrow.
we're already like
pretty good
in a better position
than we were
in terms of like
feeling comfortable
with knowing
how many pieces each.
You know what I'm saying?
Like that's the thing.
We knew overall
but we wanted to ensure
addition sizes are correct
because once we start
with that,
you're done,
How long does it take
for parent and child
inscriptions to go
through the mempool
and shit like that?
It's going to be a while
because when you do
them parent,
and batch,
you can only do them
in 24 block transactions.
you can only do
24 transactions per block.
Have you guys
started doing it yet?
That's what I'm saying.
We've been compiling numbers
and making sure
all the numbers
are ready to go
and then tomorrow morning
we'll start doing it.
And then by the afternoon
there will already
be a good amount
in circulation
kind of ready
and throughout
the rest of the day
everyone else
receiving theirs.
And are you guys
I'm not going to try
to like put you
to anything
or hold you anything.
Do you see maybe
OXBT being the
pass holder
for here on out
or maybe like
the first season
being pass access
to the next phase
for the next season?
I know it's kind of early
OXBT is going to be
in a sense
we already hired
to design the pass
that's going to be
and then OXBT
is going to basically
be used as a claim back
for the pass.
you'll give OXBT
and then you'll get
a quadrillion pass
and then that way
you'll have access
in a sense
there'll be keats
and you'll have access
to different drops
in the future
utilizing those passes.
All right,
we'll get going
a little bit
just wanted to kind
of check on Chief
and how his night went.
This is the Daily Alpha.
You guys know,
you guys are here.
You know when we run
Tuesday through Saturday,
9.45 to about 1 p.m.
or 1 p.m. Central
Standard Time.
Today on Saturdays
we start a little later
just because of my
geographical location
on my route.
It doesn't have
very good cell reception
around 9.45
so we push it back.
woke up this morning
and got a fucking alert
that Solana was at $60.
I like double-checked.
are you sure?
Is that real?
And I look
and it's true.
this shit doesn't stop.
there's even like
the guy from,
I think it's FTX
or Almeida,
I forget which one,
that's like actively
selling soul.
he's dumping soul
like every few days
and then like
the shit gets bought up
and it just goes,
it keeps pumping,
looking at like
some of the volume charts
it looks like
there's really no resistance.
maybe by the end
of the weekend,
you're going to have
a $70 soul.
I mention this
every fucking day
because every day
fucking soul pumps.
just keeps compounding,
I even looked yesterday
at the exact date
that I swapped
that two soul
over to bonk
was on August 17th.
I swapped two soul
over the bonk.
I looked in my wallet
this morning,
I have over $500
worth of bonk,
It's absolutely insane.
I don't have,
I have a little soul,
I'm loving this
because the bonk's
moving right along
and even outpacing it.
It's crazy.
I'm looking at other coins
and other coins
are up like 4 to 5%.
Fucking Solana's
on like rips
every fucking day.
It's just so fucking crazy
to see a token
in the top 10
just have 24% day
after 24% day.
It's astonishing to me
and I wish I had
a long out
for the past two weeks
on this bitch
because I would probably
be like 100,000 air
at this point.
shout out to everybody
that bought Soleday dollars,
which no one did,
but everybody likes
to claim that they did,
it's been fun.
It's been fun
it's one of those things
where it's kind of like,
and how I'm positioning myself,
I know if you don't
have any Solana,
you're sitting there
asking yourself,
should I swap
or should I swap
My suggestion
for you guys
don't chase pumps
and just sit
in your winners
and just wait
and be patient.
This is basically
a patient game
at this point.
Find things
that you have conviction
sit in them.
We're getting,
we're starting up
a bull market.
Narratives come and go.
Things rotate
and eventually
your bag will pump.
You just gotta be patient.
find stuff that you like,
find stuff that you wanna hold
and just sit in it
and wait for your pump
and it will come.
We're just starting
this bitch out.
the worst thing
you wanna be doing
is chasing pumps,
transferring tokens
to new tokens
like lose,
my token's down 10%.
I wanna swap this token
out for something
that's up 20%.
that's how you,
that's the quickest way
to lose all your money.
find things you have conviction in,
sit in it,
let it ride, baby.
the worst thing you can do
buy stuff,
if you do wanna sell,
you're having to sell
and you want more things
because you wanna swap,
go find more money.
That's what I would do.
find more money,
find somewhere,
get a second job
and just use that money
to buy more tokens.
Don't sell,
don't swap,
things are gonna be fine.
we're just starting
this bitch out.
that's kind of my suggestion
to you guys.
that's how I've lost,
I gotta say I've lost.
That's how I've missed
all my gains
is just fucking around
and trying to chase,
continuing swapping
into the next thing.
I bought Pepe
like four,
four times.
I literally bought Pepe
and swapped it
into nothing burgers,
multiple times.
Just that whole
doing the,
what you said,
chasing the next corn
with the little 10% pump
and then eventually
you end up in a rug
and you're screwed,
that whole chasing thing
I've definitely learned
and that's,
I've realized
that's really
where I've not
been successful
in any of like
or anything like that,
up here last week
and he was talking
about hated coins
if something's hated,
it'll probably pump
and now we're like,
what's the most hated coin
in the past year?
We're like,
and look at it.
In the past 48 hours,
that meta has continued.
You have FTT,
FTX pumping
like a motherfucker.
You have Luna
pumping like a motherfucker.
You have Luna Classic pumping.
these tokens
are literally rugs
and they're pumping
and it just shows you
if you just wait,
anything can pump.
Doesn't matter
if it's a narrative,
it's a meme coin,
things just pump
because they pump.
and if it's hated,
if there's some kind of news,
these things can start
being speculated on
and continue to pump.
the one thing
that's interesting
with the FTT token,
I think this is related
to the whole Gary Gensler
this week saying,
if there's new management
or new leadership
behind FTT,
it could be revived
and we'll let it go.
I personally think
if it's bought out
and someone else revamps
I don't think it's called
FTX anymore.
And I'm kind of curious
if the token,
they create a new token
or do they keep
the same token
and rename it?
So the people
that are buying FTT
kind of speculating,
when this gets bought out
by a particular individual
there'll be an announcement
the FTT token will pump.
I wouldn't be so sure
There could be a possibility
of this token
not being associated
with the protocol
or them launching
with new people
that have equity stake
in the protocol.
FTTT is pumping.
People are speculating,
this is going to be a relaunch
and FTTT is going to go
to the moon,
but don't be so sure
There's a lot of things
that can go around
in the background
to launch a new token
that's just going to be
interesting development
to kind of track
for the next,
and see how it goes.
I've been asking
the past two or three months,
what do we think about FTX?
Do we think it's like
a revival?
And the majority of the people
have been saying,
it's not going anywhere.
No one's ever going to
take over FTX
and now we just have
one kind of statement
and now everybody's like,
this person's going to buy it,
that person's going to buy it
and what made me think that
is listening to Loom Dart,
Loom Dart's been on
a few spaces
and in his bio,
he says FTX 2.0
so I think there's
two or three buyers
of these two or three individuals
that are looking
to purchase FTT
and I think Loom Dart's
one of them,
so the fact that I saw him,
he's an OG in the space
and I think he's part
of one group
that's trying to buy FTX,
made me kind of think
like this could be revived
and the news this week
kind of submitted that
that it's probably going
to be something
in the future
and this isn't the first time
marketplaces go down
and people buy it out
like Monaco
was bought by Crypto.com
back in the day
so this happens
in bear markets,
people go bankrupt
and other people purchase it
and put a new name on it
and drop a new token
so we'll see where it goes,
we will see where it goes.
Anything that you've been
looking at, Chief?
I know you've been
kind of busy.
I've pinned something
up to the top
of just a little bit of news.
Someone saw this morning
that Binance
was listed
as a developmental partner
of Unisat.
You think Unisat
is offering tokens
to Binance for listings?
because, I mean,
we did see
already get listed
and already hit,
I think, what,
$5 million in volume
in the day
that it fucking launched
and now already
is at $20, bro.
It's literally done
a full 2x run
since being listed
on Binance.
So, I'm pretty sure
Binance loves
those fees,
loves the money
that they're getting
from just bringing this on
and the price action.
So, I'm pretty sure
they're going to entertain
looking at
some other high,
volume BRCs.
Everybody's like,
please OXBTO,
please OXBTO.
I know there's
other ones
and, you know,
I think that's why
a lot of these
that you can inscribe
for basically
you purchase
like maybe
1,000 of them,
maybe your total
cost basis
is $15 to $20,
but none of these
are listed
on any centralized
and like what makes
like already
more valuable
than the others.
It's just a first mover.
So, like I would imagine
other BRC20s
during this bull market
get listed on Binance
and other centralized
and maybe you spent
purchasing some
and the listing
pumps the price
and these were
pretty much free.
So, I know
there's not like
a lot of utility
for these tokens.
I know a few
have utility
on BRC20s,
but it already
kind of proves
that there's a lot
of people that want this
and there's a lot
of trading volume.
I can't see Binance
not continuing
listing BRC20s
on the marketplaces
and maybe when
Runes comes out
maybe they'll list
some of those too.
So, getting in early
on some of the stuff
that have like low risk
high reward
like these BRC20s
wouldn't be a bad bet
personally.
We got Ruto up here.
What's up, man?
Happy Saturday.
Happy Saturday, boys.
Pleasure being up here.
Yeah, woke up.
Check price.
Good price.
Good price, dude.
We like to see it.
My thing is
this is what
because obviously
everyone's kind of just
trying to figure out
like what is
obviously ETFs
we're seeing in Catalyst
and then obviously
with Bitcoin
and ETH going up
that plays a role
with like a lot
of these other tokens
raising in price as well
but Solana,
I think right now
especially what's going
on with Solana
it's just a ton of FOMO
so like there's a lot
it's been ranked
like top five
or top three
on like coin market cap
like the last
four or five days
or three or four days now
at this point
I think it's just
a ton of FOMO right now
and it just
for me to look
at the price
and say that
the last time
it was at $60 plus
was August 2021
I'm thinking to myself
like that was a
completely different
market back then
so I don't really know
I hate to speculate
this kind of stuff
but I can't fathom
Solana staying
at these prices bro
like what do you guys
what do you guys
think with that
if you look at like
Solana NFTs
I've been looking
around on Magic Eden
just in case
there's something
like I think
it's pretty undervalued
that I should probably
but what are you guys
thoughts on like
it maintaining
this price range
are you saying
are you saying
that this can't be
they can't continue
to pump like this
and you're looking
for a retrace
are you saying
this is just
getting started
and this is going
a lot higher
I think it's
there's no real
catalyst for it to be
at this price
outside of just
and it being
a trending token
on pretty much
every single
market cap
there's a lot
just seeing
the 10, 15, 20%
on the 24 hour mark
and I can tell
there's just some
like a ton
a ton of retail investors
just scooping it up
but you also see
financial institutions
that have been
kind of looking
into it as well
so I don't know
I'm thinking
that it's tough
for me to think
that it maintains
these prices
over the next
a couple weeks
or even like
a month or two
but I wanted to get
your guys' thoughts
on just like
the Solana ecosystem
as a whole
not just the token
but even like
the NFTs right now
I'll let Chief go first
go ahead Chief
I was about to say
Shomi had a good point
and I think
he was talking
earlier in the chat
so go ahead
if you want to
add to that
and then I'll
give some thoughts
I got red pilled
from one of our
TDA members
I think it was
he was going
into backpack
and explaining
how Solana
developers have
really been
focusing on
and it sounds
crazy because
you're like
why the fuck
would they
devs are trying
to basically
piece together
BTC and Solana
so certain things
that Bitcoin
or is having
trouble with
they're basically
using this
backpack protocol
things that
you're doing
will actually
that I think
for a long
what flipped
Mastercard
and everyone
interested
transaction
that stuff
one of those
everything
especially
definitely
grassroots
communities
interested
understands
limitations
restrictions
interacting
interaction
transactions
developers
programming
development
interested
transition
completely
collections
blockchain
transactions
MasterCard
transactions
per second
scalability
onboarding
personally
see Solana
being something
especially
with a lot
more financial
institutions
looking into
when you're
looking to
corporation
or enterprise
especially
infrastructure
where winner
where each
the big pot
or something
definitely
on Ethereum
never be able
to do that
on Ethereum
a layer one
chain like
it becomes
that's why
Ethereum's a monster
it just costs
so much money
to do stuff
until they get
their sharding
all involved
very scalable
big companies
yeah I want
hundreds of
thousands of
dollars to
print NFTs
I just see
what's the
Occam Razor
what's the
simplest answer
I just see
Solana being
the easiest
answer for
scalability
big brands
well these
big brands
just look at
definitely
intersection
interesting
attractive
transactions
decentralized
decentralization
interesting
proposition
transaction
interesting
standpoint
narratives
experience
fundamentals
technicals
interesting
interesting
proposition
for storing
your money
everything
scalability
onboarding
everything
interesting
necessarily
onboarding
specifically
multimillionaires
that started
collecting
these assets
collections
appreciate
start seeing
personally
definitely
announcement
hemisphere
announcement
announcement
announcements
definitely
especially
potentially
conviction
getting ready
announcement
speculating
announcement
interesting
when you're
especially
geopolitical
multidimensional
the biggest
personally
especially
being printed
a guarantee
even think
could have
but people
will continue
to speculate
announcement
personally
after that
we're gonna
speculation
guaranteed
just makes
that they're
speculating
and trying
everybody's
announcement
generational
or anybody
that leveraged
you bought
two minutes
10x leverage
right before
announcement
pretty much
guaranteed
to fucking
I don't know
ever again
everybody's
looking to
and that's
why I think
everybody's
sitting on the
sideline waiting
announcement
because you
gotta leverage
long and you're
waiting for this
ETF announcement
especially if there's
12 that happened
at one time
like there's
multiple reports
of people saying
if this is
announced we're
like I don't
believe that
I would say
if we're right
now and it
gets announced
today on ETF
I think that
we can get
in the next
but that's
a money printer
if you can
get in on that
right when
it's announced
just please
just please
spot trade
bro for the
I'm putting
I'm putting
that thing
I'm trying to
be a millionaire
overnight my
like come on
just spot trade
the amount of
people who I
since 2016
who are like
oh man you know
all I need to do
is get like a
5% on this
on this 50x
and I'm good
and then they get
liquidated in like
30 seconds
just spot trade
man if you've
never done it
before you don't
have sizable
capital to really
leverage like just
just don't bother
with it dude
honestly before we
just kept going
through the show
I wanted to give
Chief his flowers
for last night
that event was
such a good event
my favorite part
about it honestly
was being able to
like meet a bunch
of artists from
the collection
I've already known
Terrell for a minute
but like being able
to just sit hang
out with him
you know I always
talk about Amy
Vittoria good or
bad super cool to
like kind of
talk to her
and get her
takes on on
ordinals and
everything like
that you even
had the moon
birds people out
there kissing
your ass last
night Loki
so I love that
because they were
just like this
is amazing you
guys you guys
did this whole
thing and it
was just it was
so cool to see
what you've been
working on chief
kind of IRL
have all the LA
people just on
your ass and
being like how
do we do the
next thing oh
contact us you're
like I have been
dog they're like
oh well this
person's not that
great at getting
back to you
you're like I
know that's why
we did our thing
so just in
general you had
all the different
obstacles and
things like that
you flew out here
you made it
happen but more
importantly I
think last night
really did set a
precedent there's a
lot of people that
were there and
they're like like
wait is that
actually dirty
robot it's like
yeah dirty robots
here go go talk
to him and the
clothes the
everything you guys
put together was
super cool so I
just wanted to give
you your flowers
because friend to
friend man I'm
really glad what you
guys are doing and
I think it's gonna be
appreciate it bro
yeah I think that
that was the
the easiest way to
you know the people
that came in and
you know or
faded us at the
beginning was
just transition them
to meeting people
that they don't have
access to and that
was the easiest like
shut them up and
they're like all
right cool you guys
are serious so
yeah seeing all the
proof people come in
there and then
asking them I'm like
yeah have you had a
chance to meet these
people you know
throughout you guys
adventures and it's
like oh no we
we haven't met half
of these artists
that's kind of why
we came out here to
see if they would
show up and so
yeah kind of hey
well this is dirty
robot go go have
fun you know chop
it up introduce
yourselves and
whatnot and it was
cool so appreciate
you coming out and
showing love man
support and making
a shirt having fun
so yeah looking
forward to what we
do in the future I
pinned up to the
top two just so
someone can see
that's the coolest
shirt probably that
I've seen all night
my man got dirty
robot tarot dom and
delta sauce signature
all-in-one shirt so
that's gonna be a
banger in the future
yeah you guys you
guys seem like you
had a great time and
shout out to you
guys you guys killed
it um so bull market
starting you guys
already tell scammers
are back and uh I
know some of you guys
are lazy you don't
like to download
extensions like wallet
guard and shit like
that um well metamass
had a recent update I
don't know if you
are aware of I just
think this is hilarious
sorry to cut you off
but it's like it's
talking about a security
update and in the
background it's
fucking each Ben's
like what the hell
that's hilarious bro
yeah so basically if
you guys go into the
security advance or is
it it's called like
experimental security
settings on your
metamask you can now
toggle that feature on
where it gives you a
simulation on
everything you uh you
sign uh so say
there's a sneaky link
or something you're
unsure of you can turn
this uh button on in
your metamask it will
simulate the transaction
and tell you if you're
going to get drained or
not so I know some of
you guys are lazy you
don't like to download
wallet guard well
metamask basically just
took wallet guards
fucking info and and uh
and data and just
convert it into metamask
now you guys should
never get uh a drain now
with this simulator on so
I know we want to keep
people protected there's
going to be a lot more
FOMO going on in this
space people are going
to you know click stuff
in discord so turn this
on simulate all your
transactions before you
uh submit them make
sure you're not getting
drained and all your
assets and all your
hard work getting taken
away from you and you
leave the space because
of it so just wanted to
bring that up make sure
you guys are aware of
it and uh you guys can
fuck around with it this
weekend maybe there is
something that could uh
happen um there's
something that's the
most interesting thing
that I saw yesterday uh
what you know pixelmon
right everybody loved
pixelmon uh they
announced a partnership
with horizon labs yesterday
what's the first thing you
think when a partnership
with horizon labs happens
rudo what do you think
dude I don't know man but
I I'm I've slowly become a
fan of of what they're
doing at pixelmon um over
the last like year the
transition of like you
know obviously a new team
came in they had a massive
treasury that they were
they had access to and
then all these pretty
crazy partnerships that
they've had lately have
been pretty solid man so
I'm interested to see what
happens with pixelmon the
next like year but
there's trending right now
too they're like top I
think they're top 10 on
um uh on by volume on
on blur right now so I
don't know about the
horizon labs partnership
like my initial thoughts
on it but I don't know
we'll see all right well
since he does not know
chief what do you think
when you think of
horizon labs
um I don't know dude
damn guys it's a it's a
token it's a goddamn
token horizon labs is the
lab board apes have used
to launch ape coin it's the
lab that gutter cats were
going to use to launch
gutter token pixelmon
basically had a
partnership yesterday with
horizon labs and it's a
game I would imagine that
there will be a pixelmon
token dropping in the
relative future and yeah
but they've they've um
they announced that a
long time ago that there
were there was going to
be a token involved with
the gaming aspect of it so
that's why I was like well
what is he trying to say
right now that well it's
basically confirmed now
yeah okay yeah because I
was like I was like they've
they've known for a while
that and I think that's
what's caused a lot of like
uh some price action
especially I think it was
like a couple months ago
three or four months ago
where pixelmon was like
rank three in volume or
four and everyone's like
why the fuck is pixelmon
pumping and it's because
they they announced that
they were going to have
that they're in game token
yes sir so the here's the
kind of announced
partnership announced
horizon labs ventures we're
excited to announce the
partnership with horizon
hlv is a top tier weather
advisory firm specializing
fungible token launches
uh partners have include
apecoin dust animoca brands
hlv will be working with us
to expand the pixelmon
ecosystem so typically I mean
to get an allocation for
this token it's probably
going to be airdropped or
claimed don't you think
you're probably going to
need a pixelmon nft to get
some of this some of this
token that's typically how
it works so yep for sure
like who was uh what was
that last fuck what project
was it was it overworld um
one of those projects where
if you had like a ton of
land then you got airdropped
um their token and I forgot
who it was on the
ztx it was yeah that's yeah
yeah dude you saw the
ztx that's that's gonna be
one of my I didn't even
share that that was one of
my biggest fumbles of the
year your boy had multiple
whitelists they dm'd me and
said hey fam the window for
early access because I was in
wave one I was early access I
was way before pub I think I
could buy it for like 0.03 or
some shit and I just I'm like
why the fuck are the people
dm'd me bro this is a scam and
then you got jeffrey guay make
like half a fucking million
dollars from ztx and yeah I
didn't want to share that that
loss but ztx is it hurts to hear
bro well if you have a pixel
mon asset if you want to get a
pixel mon asset and it looks
like there's going to be a token
airdrop just letting you know
just letting you know and uh I
guess something else that's
pretty interesting is I don't
know if anybody uses crypto
slam but it's a relatively
pretty it's a pretty good
website to kind of track a
volume um they had this thing
that just uh basically uh
announced yesterday for 21
hours ago a sign up for the
slam ai beta wait list is here
so it's a sign up and you
basically what you can do is
ask their chat gpt uh bot uh
certain uh things about a
certain transaction I'll give
you like a brief summary so
here's kind of example can you
tell me about the following
transaction and then
transaction has it says on
november 7th 2023 an nft with
an id 5517 or 77 from v1
crypto punks wrap collection
sold for 100 e on the blur
market price buyer was this
gas was this the seller
address uh was this this
occurred on the ethereum
blockchain and view the
transaction here so this is a
great way um in the future
um once this comes out to put
transaction has get the total
kind of um life cycle of this
transaction how much it was
paid for how much the gas where
it went so I thought that's
pretty useful and uh if you
guys want to get signed up on
the beta there's a wait list
sign up right there and I I'm
going to be using this I think
this is pretty cool and and
kind of simplifies uh the
discoverability on the
blockchain so what do you
think chief is that something
you would use too I think it's
pretty cool man
it is it'll be good for
research and then you can
start getting like uh at least
have like um reference points
right you can start doing it to
have reference points and like
well this looks like that and
then the more data you have bro
and as we're starting to move
towards a world of um automated
and aggregated information
like you want to have as much
data as you you can possibly
have right because then in a
sense in the future that's only
going to empower you to do this
stuff um quicker faster better
and it's all going to be based
off of the information and and
you know that you're providing
and the data that you have to
input into these machines or into
these tools so yeah man I like it
so I can go baby um yeah I was
trying to give you guys
resources to stuff to look at
and that was one of them um
looking at volume top risers and
followers real quick I gotta okay
go ahead and just put this out
here this is an art play that's
going to be dropping on later on
today um looks pretty good it's
AI art it reminds uh it reminds me
of Tristan um he's a he was one of
proofs artwork uh artist and uh
his artwork looks very similar
regardless uh this is a small art
collection 5k they're all one of
ones it's two dollars per piece
right 115 I mean I'm sorry uh 1500
pieces have been allocated for
public sale and within an hour of
the launch of the mint if the
holders of the whitelist do not
mint then those uh spots will get
pushed over to public so just put
that up top if anyone wants to pick
up some art um for relatively cheap
and just uh potentially risk it for
the biscuit uh definitely check it
well since we're going into mints
I guess we'll talk about the
things that are going on today um
I guess I forgot to print it out or
screenshot it I guess I'll create uh
it right now but swizzy's mint app
mint wizard app is pretty much
breaks down everything and there's a
few art plays that are going on
today uh let me find it real quick
oh great uh I fucked that up
sorry guys here it is I won't I'm
just not going to label it just for uh
for show's sake there you go
so we have orange uh and that's
bright oh my god bro these
motherfucking people that work on
these streets they do not take a day
off man like I I just try to park on
the side of the road and like of
course I'm in their way like I'm
just trying to find places to park
here while I read we got orange
bright we have Occam Mondove and
the Marrake defaced and big boss
burn OX catnip of a feather and
Seattle sales ambiguity so a lot of
these uh pretty cool uh the Seattle
sales one we've had him on the space
before he kind of does like some AI
art um looks like it's launching
today I'll print it I'll pin it up
there there's a few alpha groups I
got white listed um so it's 13
unique traits 100 total one of ones
including 20 guests artists one of
ones all meticulous curated to the
highest quality generated using mid
journey AI enhanced using Photoshop
one of ones are signed and numbered
um the mint breakdown of the 500
kits supply is free for abstractions
a 1x per mint um you have 0.025 for
swirls 1x per swirl 0.03 one a
whitelist uh expert wallet 100 supply
and 0.05 for public with the remaining
supply collab and whitelist um go
first and then there's a bunch of
other stuff so I just pin it up for
you this guy's had some pretty good
sales in the past and they've gone
pretty parabolic on his last stuff so
uh yeah I guess 0.05 for public is
reasonable it's a small supply and he's
you know his stuff's pumped before so
um this would probably be something
you'll see trending later on the day
go ahead English yeah no I saw that you
reposted the the crypt the crypto slam
um chat GPT I just wanted to know your
thoughts on it like I had come across
it because um my buddy who works over
there things I didn't think it was
getting that much attention but it seems
like it could be a game changer
especially for like content creators and
um you know people like b check and and
nft statistics and stuff I just wanted
your thoughts are you going to be using
it or oh yeah you would use it yeah
yeah just putting like transactions in
there seeing like you know when we look
back in the future and stuff I would
you know I think it'd be good for future
use to see how much someone paid for a
particular nft how much gas was that
day see who bought it track the wallets
that bought it so I think it's good
really good for like research purposes
and I'm signed up I'm ready to go I'm
gonna use it uh during this bull market
just to kind of track people and track
volume and just track prices in general so
I think it's kind of a game changer
makes sense just for your own personal
kind of stuff I didn't really think
about it like that I had thought about
it like I don't know just if you're
writing content you're thinking
everything people are talking about
like ordinals and you want to see like
what's like the volume on ordinals
without brc20s because maybe you don't
feel like that's things and you can add
that into there just like I don't know
just as as as your imagination can use
it I think it'll be it'll be dope
especially with the bull market coming
too right like kind of trying to find
an edge for for content creation
the good the thing about these chat gpt's
it's all about the prompts
and sometimes you get writers writers
block with the prompt of how you could
use this the most useful so like
for you like what what are some of the
ways that you would think because I'm
just thinking about nfts what are some
other ways that we can use this
chat gbt's in a prompt well on chat gbt2
with prompting I was just going to throw
this out there yesterday we were kind of
looking at um delta sauce right so
delta sauce is one of our artists that
he uses ai but we no one understands how
he gets such crispy lines how everything
looks quote-unquote like so perfect
utilizing ai he doesn't have like the
wisps or anything like that that are
traditional in ai artwork
and he explained is he uses multiple
languages inside the same prompt because
it actually changes the output so like he
showed us a prompt that it had something
in I think Chinese or something it was
like the first three the first half of
the prompt was in Chinese and then it
swapped to English then it swapped to like
something Italian and so that's something
that I never thought of or even considered
in prompting that utilizing native
language or native tongue will generate you
new results or it'll start changing the
output of the results because it'll start
blending it from now from in a sense
different cultures and different languages
as well from nuances in the wording so I
thought that that was I mean for me I never
even thought of that and then that's going
to be a game changer for elevating my
prompting as well
yeah yeah prompts it's all about the
prompts man the prompts yeah yeah no it
just made me think of like well I guess I
got into a different subject but it does
overlap in terms of like ai ai art you
know and when people critic criticize like
photography when it first came out like
that's not really art like anybody can
just click and poop but really it takes it
just allows somebody who has an artistic
artistic capacity to to like I guess you
know further enhance their things so like
I think if you're already an artist like
ai will do it if you're already a researcher
and like know how to research well and like
what to ask and what's interesting and
what's not and you just have like this tool
that allows you to do it faster and more
in depth I think we'll be seeing some dope
stuff come out pretty excited to see some of
these guys like NFT statistics use it or or
legendary or whoever's doing like all these
market reports I think they're just gonna be
that much better for it hell yeah I'm I'm
looking forward to use it and I think it's
definitely a game changer um dude like some
other NFTs that were popping off was this
catnip I did retweet these so I'll pin them
up top for you if you guys want to get
involved uh this is ox catnip it is a 144
supply mid prices 0.025 uh 2d 3d animated
static pieces allow this being filled out dm um
we got this big boss um NFT is pretty
interesting the one thing about the website
doesn't like link me to their open sea or
anything but you basically burn these two
characters to get the next character and
that's happening today it's called it's by
defaced and defaced studios it's called the
curt corp um it's pretty cool website it has
a lot of easter eggs you can tap it's pretty
interactive but today they have like uh their
little burn of their two pieces to get the
boss piece so that's pretty big bro yeah I
don't I was looking I mean it looks big I
just was trying to find like their open sea
and like what the price is of the two
NFTs you can burn I couldn't find it
anywhere but it definitely looks like they're
doing a pretty good job with the website and
the website was pretty interactive it looked
pretty fun the animations were well done so
just something to look at too and then the
last one is this guy named orange which is
an mfer which don't ever fade him ever but
he's not that sure that he's gonna mint today
he said if I postpone bright mint today I
won't necessarily be on uh 31 2023 so this
guy has basically been pushing back his
thing he's got this kind of looks like some
AI art um but he's minting today too so I
just pinned up all three of the ones I'm
talking about if you guys want to do a more
of a deep dive get uh learn more it's all
the information's all up there for you to
do your own research we got noodle up here
what's good what's happening express and
chief what's going on so like uh I
haven't I haven't spoke in such a long
time but I just wanted to give you guys
like your your flowers because like chief
you've been doing incredible things um and
in in bitcoin and um also oh my dog is
barking like he's acting crazy right now
I'm sorry um oh my god he's acting crazy
right now but anyways I just wanted to
tell you guys like I love everything that
you're doing right now and um I just
wanted to kind of give a little market
update on the macro um I know that you
talk sometimes about charming shut the
fuck up god okay I'm sorry he doesn't
want you to win noodle he doesn't want you
to win he doesn't he doesn't you work you
work at a bank right noodle I do I I I do
I work at a fortune 500 sub that and they
they they fucking suck bro like they
fucking suck I hate them like I I'm I be
talking about my company all the time and
I'm just like y'all are behind the game
because like y'all are not getting to like
the real thing in crypto but anyways so
what I wanted to talk about from the macro
perspective and I'm pretty sure that you
kind of covered this uh expresso because
you do this on on a legitimate basis
every time in the space but what I wanted
to say is that like yes ETH is ETH is
doing good Bitcoin is doing good on the
weekly we are fucking we we are sending
we are fucking printing printing is like
like we we are doing that thing like
everything is good everything is good but
at the same time um I do want people to
know that like macro at the same time
people don't think about these things but
macro does it it does affect us in a sense
and and the reason why that I say this is
because okay when COVID happened okay ETH and
both Bitcoin completely plummeted okay so if we
go into a recession it's going to do the
fucking same thing because at the end of the
day when we think about it like people don't
if we don't have money to fucking buy these
fucking JPEGs the fucking but to fucking buy
these fucking NFTs or anything like it it's
it's going to go down but at the same time
these are great opportunities for us to
benefit on the way up and like I I'm seeing a
lot of these things like especially especially
like these um um these uh comings of uh god damn I'm I'm
fucked up like I my best friend had a party last
night and I'm I can tell girl I can tell girl
didn't we already have a recession it looks like um
it kind of it kind of is let me answer let me let me kind of
respond to your your statement and this is me just thinking of if I was
someone that was in power wouldn't be the best time to send crypto
because you know these people in power know crypto is a threat when no retail
has money yes yes so like send this shit so I personally think just thinking
out of someone that's in power and someone that has like a skewed mind the
best like I personally think in the past bull markets retail has led the bull
market and we saw that when we got stimulus checks we saw the pump
now I think institutions and ETFs now lead it and they don't need us to run it
so why not full send it with all the institution money
and when nobody has money and then the prices go so high but none of them got any
piece of it so now they continue to stay poor now they had a fucking now we're
in control now we own the supply now we can flaunt it in front of them now if
they want to retire they're gonna have to use our ETF so no better time to send
crypto to all-time highs when retail can't get involved because ultimately
crypto is trying to replace the institutions and the fiat money system and
the governments so they know that if they can give the power to the people to be
have financial freedom then they kind of lose a portion of their
power structure so I do I do understand that there's not a lot of excess
income for retail but that doesn't mean that the billions of dollars and these
people that have trillions of dollars won't send it anyways
exactly exactly so from the institutional perspective and I'm just working at a
Sib and Sib is systemically important bank I know for a fact and I'm like this
this is this is some legend shit okay but like I'm telling y'all like they have been
okay and y'all already know like they have been in fucking crypto for fucking forever
like they tell y'all that like they don't fuck with that shit but they fuck with that shit like
they really do they really do because the banks want you to buy the crypto from them and we've
already seen it you saw HSBC basically now offering crypto to their wealthy clients you saw the the
Swiss bank 150 year old now offering crypto so they don't want you buying the crypto on yourself
once they have accumulated it and they bought it all then you're going to be able to buy it from
them and then that yes the power structure intact so they could keep you more and relying on them
right exactly you are a hundred percent spot on espresso so like right now what what they're doing
they're they're trying to like they're trying to fade y'all out like they're trying to fade retail
out right now because they know at the end of the day that the spot bitcoin etf it it is imminent
it's imminent and it's coming and it's fucking here and we're gonna fucking send fucking bitcoin and
eve to the motherfucking like we bro like we're going we're going so it's gonna happen noodles
it's gonna happen it's gonna happen exactly um but um it just kind of keeping notes from some of the
things that i'm seeing from uh systemic fine financial institutions is that one that they are
there they've been here they've been here um regardless of what people think they've been here
um they will continue to try to tell you that they are not here but they are here they've been here
um for example for example jp morgan okay they have moved literally about three billion
in crypto let alone through their transactions on ethereum so for me i i'm i'm telling y'all like
bitcoin is definitely the wave and it's definitely something that you should should secure and put money
into and and and and and and it's the gold standard but ethereum i'm telling you guys like that that that's
that's the next best that's next that's next yes yes that is next exactly like you know um so like these are
some of the things that i'm seeing and the uh financial institutions and um some of the things that
i probably could get fired for saying but i don't give a fuck i appreciate you noodle but yeah
no like um i it it's definitely the wave um and it's it it's definitely incoming on the weekly i chart
these things i chart these things all the time if you look at where eth is at on the weekly we are
succumbing back into three thousands fucking four thousands like literally my guy like we are
fucking months away from where we were at so and what that means to nfts um because that's also a
a thing that you guys are specialists at uh but uh where we are i feel like um at the end of the day
we already know like when it comes to nfts and when each goes up nfts kind of go down but i i feel like
we are in a different spectrum and that um nfts will continue to to climb so um i'm i'm
i'm ready i'm i'm looking forward to it and uh i i'm just glad to be here and i love y'all i love
you too noodle thanks for always showing up and listening and supporting us from the top we got
some hands so i definitely want to see what they think about your comments and and we'll move the
show along so i appreciate you coming up uh anon's up in this bitch hold up anon uh hold up real quick
i've been talking up to the top that's fucking wild um it happened a day ago i mean i'm just
seeing it but it said executives from a client were lured on a business trip to montenegro
where they were abducted and forced to empty out their wallets total loss of 12.5 million dollars
we investigated on chain activities and reached out to our partners earlier today to have the wallet
frozen as of all the funds were taken in usdt and transferred to a tron wallet we will we managed
to freeze about 11.8 million of the 12.5 million stolen real events stay safe so just throwing that
out there if you're getting random invites you know just be cautious guys i mean people that
want to target crypto people know how to target crypto people the last thing you want to do is you
know here give me your c phrase you're gonna be like yo what oh fuck he knows and then you're you're
out of there so just be careful um yeah i thought that that was crazy dude but would you what would
you do chief would you give your c phrase if you're threatened with that i don't know i would try to play
dumb as long as i could i'd be like i don't know what a seed phrase is like avocado seeds or i don't know
bro i try to play dumb as long as i could and then so they probably like pull up links or something and
they say hey this is you and i'm like fuck and then i i don't know i mean if it's in you memorize
give it to them and then you like you say you can get the assets froze that's something i've learned
i didn't know that you could freeze usdt but apparently you can't so i guess give it to them
contact them in the wallet and they can freeze it for you you can possibly get access back to it i
guess is what i would it's the same thing with usdc circle can freeze their own assets as well
i had no clue that until i heard this hamas thing that happened over the past two weeks i was like
dude i did not know that they can like do that like i thought this was all decentralized apparently
not something i learned every day freezing is not necessarily like the right term it's just that
they mark those particular tokens unusable they can't freeze like an ethereum wallet those tokens
can still be moved but they basically just invalidate them internally gotcha yeah that's i
definitely learned that in the past two weeks i had no idea that i i missed that anon what's up yo
what's going on um all right haven't talked to you in a while what's good uh you know just obsessing
over knock amigos nothing new but uh what i actually wanted to talk about was uh i think that you know
we saw that there was i've actually tweeted something about it you know a few days ago i said that you know
we saw that people still like nfts like that's pretty obvious that um not only within our realm here on
twitter but also you know outside of it they still are aware they're still on their radar it's still
something in the back of their minds like maybe this could turn into something more you know realistic
more legitimate um you know more mainstream but what we saw the past week in my opinion was uh
not not like a dead cats bounce for nfts but a lot of like popium a lot of like just people that
you know there were always things that either they already were collected into or they wanted to
collect into but when you know numbers were down it didn't feel like the time there was no momentum
there was no volume coming in and so then when the volume started to happen when this you know kind
of uh hype cycle happened for a few days after you know uh whatever was was pumping um you know it
kind of started with punks and cryptodes obviously punks are still pumping which is um you know kind of
of surprising to see how much volume is coming into those even over just the past 24 hours pretty
insane kind of a good signal that maybe we really are back but for most of those nfts because i've
always seen punks as an anomaly it feels like many of them came back down to earth after their little
hype pump and so my thesis is we need new things we we need legitimate players to step up like yes i've
heard gaming nfts are going to be big so i'm not speaking in absolutes that like anything that was
produced you know before 2023 is going to zero you know i'm not saying that but most of the pfp stuff
people are forcing it and they tried to force it again this past week and then quickly you know
because we've all or many of us you know been through a cycle now a lot of people wisened up after a few
hours you know not a few months that this this stuff isn't necessarily where we should be putting
our you know putting our ease um so my thoughts are that yeah there's going to be a few things like
cryptodes mfers um you know wrecked guy has a great team behind it like yeah i see those things doing
well um long term and uh you know continuing to climb their way back to all-time highs but as far as i have
a question for you is what's old new again you're talking about toads you're talking about punks what's
old is new again right and one thing that's been on my mind is this run-up of solana because so many
of us and the mainstream media especially in retail were so focused on ethereum nfts last cycle do you
think that this is the cycle for solana nfts and the same things that worked on ethereum last cycle
could be done again this cycle on solana as new cheaper faster sexier maybe a little bit more
zoomer to ethereum's boomer what do you think about this you're going to senses but really quick social
consensus around solana hasn't changed though that's the biggest thing that in my mind is that the
counter to that would be if there's actually been a sentiment shift or almost a social consensus shift
on the idea of solana as a blockchain and i mean you see it a little bit but you still have the
i would say tribalism or the pvp-ness i mean you even have solana the baseless stigma though
like i have nothing on thing sorry chief i have nothing on solana besides maybe uh one campi panda
but it was it's a lot of it at this point is baseless stigma like there it is just sign it is more
efficient as far as uh gas fees and everything else to transact entities on solana it is i agree
i was gonna say yup this is what you're going into your third or your fourth cycle right i mean solana
criticism isn't baseless like there's there's real reasons to like not be a fan of it like i agree there
are real reasons not to be a fan but you're all familiar with raul paul right i listen to him a lot
and one of the things that he can't stop talking about is fire dancer 1.6 million transactions per
second that's insane and so i just feel like the narrative around solana has shifted i mean the
narrative last cycle was the chain can't stay up there's three guys in a room with a button with an off
button and they can just turn the chain off now the narrative seems to be gaming super high throughput
and it just seems a little bit more sexy and fun i saw a fucking solana commercial on twitter
yesterday solana's out there making commercials it was something about like a self-driving car
technology or something like that and i feel like the narrative around solana has changed where
people understand that it's not the most secure um you know it's not the most stable right now
potentially but also some people just don't care like if i'm playing a video game i get disconnected
from a call of duty lobby i just reconnect and if we could get games that are on you know good
blockchain technology we don't really need those games to be the most secure we just need them to be
fast fun sexy and cheap affordable right so i think that the narrative around salon has changed
i'm not a solana maxi at all i got psyoped in last cycle i just posted a tweet people told me oh you
gotta buy these wastelanders dude they're fucking went to zero and but no i was just gonna say yup
yeah the counterpoint to that you said that you get disconnected from a call of duty lobby all the
time and you don't care because you reconnect you don't own the call of duty skin you don't own any
assets inside call of duty in order to feel some type of way about being disconnected it's a
different situation when i got skin in the game and i have actual physical things that are mine
that are now disconnected that i cannot go back to and i can't use because the the chain is down or the
game is down or whatever it may be so it's a little bit different than your traditional game because
there's no skin in the game for call of duty you can restart because you bought the game and and this
is the cycle good point good point it's just a little bit different on that end right because i
mean i feel like if i own assets it's a little i i want something up and if i have no real skin like
a game or something like traditional how you gave an example for it's just like oh yeah whatever i don't
care you know so just uh just a little counterpoint on that if i may i just want to finish my point before
yuppie had jumped in and yuppie to echo what you had just said as far as ethereum the past week look how
high gas fees got i don't think a lot of people expected that you know two years plus later we'd
still have those concerns those fears that we're not in a bull market yet and if we're anticipating
that it's going to be a bigger bull market than last time those gas fees were outrageous last time
and and we normalized them we're not going to do that again it was too expensive and and until people
i mean i i heard someone making the argument well if we see the types of returns and you know the
volume coming in then who's going to care i i think we've wisened up i really think people
have matured to an extent that they're not going to be willing to pay as much in gas the technology
has matured as well optimism arbitrum avalanche all these l2s and now you have base chain by coinbase
i mean that's something that retail is largely going to trust very easily like hey you know ethereum's
expensive but i could still bridge using coinbase by the way which is probably one of the best user
experience designs in an application a website just a retail facing product now you can jump on these l2s
and you can have all the same fun dk motion and kazoma medici right they did that project with um
um yeah and that was that was great and super cheap right so not only has retail and and the ogs
like us matured and said yeah this is too expensive it doesn't really make sense but also the technology
has matured and does that make area more of uh like a luxury is it about the provenance do you think that
things are going to continue to be produced at scale on ethereum do you think new builders like new
institutional uh like whether it be gaming companies or whatever are going to choose ethereum
no but i think that sotheby's and punk 6529 are going to keep the goose um ringer on ethereum
right when you want security when you want provenance yes luxury um i think that's where ethereum is going to
be um but things like gaming and quick cheap stuff i mean i could see i could honestly see us paying
for coffee on uh base chain or optimism starbucks odyssey is uh their nft project right um nike has
uh dot swoosh right uh that's on polygon largely so i could see a lot of these consumerism retail
facing products float down to l2s while your punks and your ringers and your art blocks are going to
stay on l1 ethereum you said the golden word you said consumerism and and you know another like form
of that consumables right consumables don't make sense for ethereum and i agree with you a hundred
percent that these side chains these l2s are are going to likely be used more and going to be given
more consideration because we are getting past the stigmas and the the maxi you know type of culture
that is just it's not logical it's irrational to say everything should be built on ethereum the last
point i wanted to make was i think we need new catalysts like well that was the point i was trying
to be about the macro of like what we saw with ethereum you know hype cycle for a week on nfts
is a lot of people realize like what am i getting out of this like what value of like yeah i might get
a historical nft like a crypto great i picked up one on one up too i thought that was a good buy but
as far as uh you know sweeping floors and you know like having these long-term horizons or you know
expectations for things being built on ethereum i think a lot of people are are waiting to see you
know what's next i think we're kind of at that you know that uh that you know uh like pivotal type of
shift you know kind of like that transition where things from the past yes they're giving they're getting
like their little homage and you know there's a little bit of a like nostalgic type but yeah
we're gonna show them some love and yeah i love that artist i love that founder but i don't think
they're gonna lead the next cycle i agree it feels like something new is coming i feel like a lot of
these big players learned a lot of lessons from last cycle and i think that people are figuring out
kind of what works and what doesn't and a lot of projects failed and some succeeded you know i'm
actually really glad to see um board ape yacht club coming back in in such a way and punks coming back
in such a way and people are saying okay this stuff worked i mean what luca nets is doing with uh the
penguins is insane uh you know gary v is still chugging along on on his stuff and i think that these are
lessons that are are being learned and people are kind of getting the confidence to take those lessons
and then i i think we're going to see another wave of innovation people can't stop talking about gaming
but i also think there's something around retail consumerism maybe really quick payments um
and some kind of like sharing community almost like an airbnb type thing or a taxi cab types
system i could see in that yeah i get to see innovation in those those spaces coming
it feels like it was the buzzword right community was the buzzword of the last cycle do you think that
social groups and clubs like what board apes you know stemmed as do you or are you like originated
from like do you think that we're going to see another cycle of those types of um you know developments
or you know introductions to the space or do you think that people don't really want the country
club or you know the mvp type of vip you know experience anymore it's got to mean something i
mean in last cycle it was thrown around so much and there was all this promise without delivery and
that's where the hype really boiled over and got out of control is there was nothing but these gigantic
promises with no utility and now people are realizing like what does that word utility mean for me and what
what do i price it at what does membership to this club actually get me and i think uh the yacht club
and the the apes have done that a little bit and then those communities are hardening they're formed
already and they're hardening bears cycle bear cycles harden communities and bull cycles give birth to
new things and innovation and exploration so i think that punks apes maybe even art blocks
collectors and other generative art like the terraforms by math castles i think those people
and those communities are largely going to be the tastemakers for the next innovations that we see but i don't
think that people in this coming cycle are going to be putting premiums on these empty promises and i think
that's where the gaming thing comes in or maybe some type of subscription type service like if i could buy an nft that
got me a coffee or a high-end t subscription or an access to a comedy club or something like that i
would pay a little bit of a premium for it if i could put it into practice immediately i think that's
what starbucks is trying to aim for with their nft project called odyssey and they've had little games
that you can play like hey go to these starbucks's and collect these things and if you collect a collection
we'll give you a free coffee stuff like that but it's got to be real i so i think that there may be
more communities but i think it's also going to be more brand aware um you know you had who was it that
did those uh pendants uh with the punks was that tiffany or something like that yeah i think you're going
to see these brands try to create loyalty programs i wouldn't call that a community right but it is a
way of organizing people into a system to increase engagement and and brand loyalty right gaming is
the same thing they had the chest right right right right and then i think gaming is the same thing
like the roblox ceo was on the news the other day and he said yeah i could see us bringing nfts to
roblox and then taking your digital asset and turning it into something in real life nike just released the uh
this is not a jpeg shoe right and i think that we i think that brands are going to be teaching
their communities that yes we can solidify these things we can make them real we did make mistakes
in the past where everything was fugazi and promises and it was too digital but now we can
start to bridge that digital physical connection in all these different ways i think gary v right he's
actually doing physical cards now like baseball cards but for v friends type stuff and i think
people want to touch and feel something in real life and then have a connection to it in their
digital life and i think that's another way that that gaming gets bigger this cycle is if we have
something like that i think the roblox news is huge i think they're obviously probably working on it if
he's going on tv and talking about it like oh yeah we might do that it's an idea like no he's got a
team of 100 people working on it right now and in the middle of 2025 at the very fucking next peak
maybe that's when roblox is going to be like nfts on roblox you can take your you know your board ape
cape or whatever to the these different worlds and stuff like that but i feel like something is coming
it's fun to speculate on this stuff i think that there's a lot of sleeping giants solana is showing
us that with its price action yes these institutions are leading things these etfs are very bullish
retail investors are going to look different this cycle because these etfs unlock all of our parents
retirement accounts and 401ks so the boomers are going to be able to go into their schwab account
and click a button and say allocate one percent of my retirement account to bitcoin or to ethereum
you know take that vanguard that blackrock product and just put one percent of all my assets into it
you know so it's gonna look a little bit different coinbase mentioned that they're trying to develop
lightning a little bit more and i wonder what ordinals look like on a lightning network what is that
gonna do they don't they're called stamps they're called yeah okay okay okay that's good i'm still
gonna be listening very closely to raul paul he's usually ahead of the curve on a lot of these things
and he does massive amount of research um and i just love listening to him he's very articulate
but i'm excited for what's coming i mean we're starting to wake up now things are looking really crispy
really really toasty but they're not frothy yet we haven't boiled over we're just barely
starting to turn up the heat and it's already looking really exciting yeah i i kind of agree
with you i think that i'm kind of interested to see if there's any kind of new products because every
bull market is different and it's not the same thing that came out in the last is what happens in
the in the next right and anybody that tries to convince you that they know what's going to happen
based off past bull runs if they're going to lead you to the fucking slaughter everything is
different every single time yeah i was like how much can ethereum produce at this point i think they
have pretty much tapped out everything they can build on it so i'm trying to think of like other
token standards on ethereum that possibly like the erc uh four three three seven the six five five one i
think you're right i think new things lead the way but yeah i think personally when you're talking
about nfts the revival of certain ones those have like a a providence that has like no execution risk
they're just are are they're just like this is the first of its kind i personally think there's so
many people that are underwater on entities when there is any catalyst the people that have been
holding the whole time are just going to sell in the pumps so to to have velocity to have things
that go parabolic i think you need something new that doesn't have all these resistant points
and all these people that have bad experience that are down on their money so i do think new
nfts are going to be but is it going to be on ethereum is it going to be a new token center
thing is it going to be ordinals is it going to be social five what is going to be the new product
of the new bull run that brings mass speculation and it's great to have utility of getting a free
coffee but we all know people love to speculate we have one on stage um what how hard is it to
speculate you talk and you create a narrative and you create hype that's going to happen over again
you cannot stop people from speculating and talking so of course there's going to be hyped
nft mints everybody wants to get it on that has zero fucking utility that is like going to be named
the next board and everybody's going to fomo into it so it's going to be interesting to see what if
there is actually a new product that is built in the bull run that they can bring mass speculation and
everybody can get involved like nfts last cycle you know yeah exploration is key i want to encourage
everybody if you're curious about something if you catch wind of something like spend a half hour looking
into it and do some research and try and talk to some people about it or google it look it up try
and find a youtube video on it because these innovations start so small and when you catch
a little wind of something just check it out and if you're curious and interested try and dive in you
could become one of the first in this new thing that we're talking about that doesn't exist yet there's
some small team of developers right now that's building something on some fucking chain
and it's gonna be like the next narrative right and like you can be early to discover it if you
just put on your explorer hat and you go searching we saw that this year with ordinals
literally with ordinal protocol coming out of february those that sat down and were willing to actually
do the work of the friction and sit there and say hey i'm gonna like trust you know whatever
spreadsheet trading like it was a hundred percent friction and yet those that dove head first
are now pioneers in the ordinal space and and you know have the most quote-unquote established
collect like collections you got zk he started from being the manager of the spreadsheet zk manages
spreadsheet yeah three weeks in a row running it was a three-man team they would run like shifts
and it was three weeks of them just fucking managing it all but that's what was needed in order for
ordinals to take off in order to convince magic eden to to build the platform yeah they were
you know what i'm saying and pioneers on that sense and all because they heard a crazy idea and
they're like huh let me let me do a little research let me check it out let me at least get my feet wet
and that was for us running the space that we do and and you know we saw i mean we saw one of those come
up like as soon as it popped and people were like i'm like dude i'm not buying off of no
fucking spreadsheet you're crazy like yeah get away from me and then you know we saw the narrative
change and then it shifted from spreadsheets to you can now go do it yourself and now everyone's
involved and and it's just like it's just friction that comes with new innovation and now magic eden
has has ordinal trading there boom you just don't get scared you know what i'm saying it's just that
not being scared and like you said being willing to at least uh listen and look at something that
maybe sounds ludicrous but we're here because we believe in the ludicrous right that's why we're
all in crypto so yeah i got a couple ordinals and it was very difficult but i like them they've got
a good vibe they're called ordinary people and i think they're like under the 10k or under the 100k
or something but it was very difficult and i learned a lot and i started looking at lightning and
it's got a ways to go and i think a lot of that bitcoin development arc is has a long way to go
still compared to what we're used to but i think it's you know obviously companies like magic eden and
bitcoin and coinbase talking about investing in in lightning architecture and research like that stuff
could could change it could become a better user experience in no time we got you have people like
udi you have people like udi and eric uh eric wall talking about bitcoin development and they're
trying to catalyze developers to work together on bitcoin and and they're paving the way udi
everybody should go follow udi he's legit what do you guys like i don't know if you guys seen this
and you were talking about layer twos like base and how it's gonna be great did you guys notice that
base is now making you kyc to use the chain do you think that that sucks do you think that kind of
stifles innovation and stifles yes what do you mean to use the chain you have to kyc yeah i can't
change my wait so i can't i'm gonna pin up that in my wallet i'm not sure bro i just saw this this
morning and i was just kind of curious of what your guys thoughts were so coinbase launches on chain kyc
this was broken by whale chart basically yesterday coinbase launches kyc this for their ethereum layer
two service and this is kind of the artifact this is kind of what they kind of in the article i
summarize this is what they said so coinbase introduced verification platform launching know
your customer policies on chain aiming to enhance security and transparency leveraging the ethereum
attestation service open standard the platform records public and composable attestations of the
coinbase layer two base countering symbol attacks and expanding accessibility for new users to engage with
on-chain operations this move signifies coinbase foray to into decentralized identity solutions
reflecting a broader trend in enhancing digital interactions encountering ai manipulation misinformation
despite the coinbase shares slightly decreasing post announcement the stock has seen seven percent
rise over the last five days of trading and a staggering 175 growth since the year began but like
this is this is all open source and you could all get involved and just sign on but now it looks like
you're gonna have to like put your id on the the i guess participate on the chain now i don't think
that's the case like no one can stop you from like adding the base network to your metamask and like
that's why i was to adapt with it yeah like yeah that's why i was confused dude when you said that i was
like there's no way if i already have the rpc or i can just give someone the rpc that they can't add it
swap over and interact on the chain like that i mean you can't block the access to the chain unless it comes from
what changes the access what changes what it's just an option like it reads like it's just an
option that someone can implement or use like within their own dap or service or whatever like
i'm guessing what if you're using their bridge if you're using that's what it is that's what
that's how i read it that most people like with the official bridge if you're using that but if you're
using like synapse or whatever then that's the way around it yeah that's the way i understood it too you
know yeah so just don't use anything that's actually quote unquote coinbase official and
you can still interact with it okay i just read that and i was like kyc what the fuck that sucks
when you're bridging back on the official base it takes seven days and there's like five different
like verifications where you like click this is what you want to do blah blah blah and then that
takes like an hour and then you have to like verify again and then it's ridiculous so they probably just
added another friction layer where like okay you want money back or you want to send money um you
need to kyc i know you had your hand up earlier english you got something you wanted to say man
yeah i mean it was really kind of i think anon touched a lot of it the interesting thing you know
is we were talking about you know in terms of do nfts go up or down what's the correlation with
eth and like you know if it goes up nfts go down and i don't think that there's an
established correlation like for a while that was what people were saying and then it was like okay
no that's not really it it's it's you know if there's no volatility then people transact and
when there's volatility whether it goes up or down then people try to get out of it and they chase it
i don't really think it has to do anything with that i think it has to do with all markets especially
crypto are forward looking and the reason you're seeing all these nft collections go up in value
even though eth is pumping is because they were severely underpriced it didn't make sense to hold
a lot of these things when everything was trending down so you would just let it go you're like i'm
just people didn't believe in nfts right you see crypto punks and a couple other collections start
moving and now people are like damn you know crypto toads probably shouldn't have been at 0.5
um you know terra you know terraforms was mentioned one of my favorites probably should have been at one
east and then these people are thinking you know what i'm gonna not necessarily be priced out but
i'm gonna be paying two or three times for something that i really want now granted all these like kind
of trash projects that had utility and all that other stuff may you know that's that people probably
don't put a premium but i think people still like nfts people still want to collect some of the things
that they've enjoyed or value from like a you know an emotional utility type of thing so that's one of
the things that i thought of people just want to see where they can make if if even if they think
they can make more returns on on a shit coin or whatever if they think something they really like
is underpriced they'll buy it knowing that hey i spend an eath now i think i can sell it if i want
to for two or three eaths in six months but i want to have it for a little while just to say that i had it
i enjoy it um there's tons of reason for buying something even if there's not a specific utility as
somebody mentioned because if you think that you're spending thousands of dollars and getting
any type of utility worth of like what a macbook would be or any other real life item that's
completely false you're buying it because you enjoy it it makes you feel a certain kind of way
um you know the same thing as art or any other kind of asset so that was one of the things i just
think that nfts right now are severely undervalued and if you believe in ethereum going up you believe
that these assets that you've enjoyed that have become historical and integral to like the culture
um are underpriced and if you like an underpriced asset you're probably going to buy it
but anon i feel bad i'm kind of going to counter that a little bit as far as uh just you know the
group chats that i'm in the the sentiment the tone most people don't actually
like see themselves making money off of nfts the same way that they did in the previous cycle
and i hate to say it but primarily we still have like speculative degenerate gamblers that are like
the bulk of our ecosystem and it's something i gave a lot of thought to you know over the past year is
that we are you know trying to mature as a market but one thing that many of us don't take into
consideration is that we're almost start we almost started from like you know negative as far as that
compared to a normal startup normal startups vet who they're willing to let get involved invest you
know uh promote etc whereas here it was the wild west and so a lot of things that may have pumped as
far as floor prices and then you know in the bear market like went into a steep decline
there is a risk of a of a dead cat bounce with some i'd say most of those because their communities
are full of degenerate gamblers that don't actually care about you know the final product or you know
the the development they've lost the the community sentiment as far as like they it's just not what
they what what ultimately you know they're prioritizing anymore like a lot of people coming out of the
pandemic hell yeah they were prioritizing community because we all were in desperate need of it now
people kind of moved on with their lives gotten back to a sense of normalcy and they're prioritizing
money so i see a lot of the degenerate gambler types you know that like to speculate on you know
flipping for a you know a quick like two or three x and moving on to the next thing leaving the other
project in the dust as if it never even happened um they're gonna go into meme fi they're gonna you
know continue to press their luck with uh with or you know try their luck with shit coins um some you
know will likely get ridiculously rich like we saw with pepe and others will you know slowly go to zero
um but as far as who's going to be left in the nft market maybe i'm being a little up like too
optimistic but i don't think it's going to be as many gamblers i think it's going to be people that
actually see themselves in this project you know um development and are willing to like especially
because many of us now have been through a cycle where we know that there is um uh patience that is
necessary and and you know there is uh a cadence and and uh you know that like things take time
like this stuff isn't going to be built overnight and so yeah i don't disagree with you i actually i
agree with everything you said i just think and i don't think that nfts continue to go up as ethereum
goes up i think it gets to a point where people stop doing well you know that correlation will stop
coin i just think that the actual correlation between nfts and ethereum changes it i think
right now what you're going to see is a little bit of an uptick and i agree with you a thousand
percent i don't think people are going to be sweeping floors to make generational wealth they're
going to go to mean coins for that so i i'm with you a hundred percent oh yeah i wasn't like i just
felt bad that i was being like the cynic right after you gave you no you should you should say your
point something right yeah no no i think that long term yeah i think long term like a purge of of the
nft community and a little bit more segmentation like anyone that's followed me knows that i have
gone on like this about like a broken record for you know multiple years now of we can't categorize
everything in the same bucket like just because it is an nft does not mean you should be looking at
all of them in the same light um or you know through the same lens and and now even more so
with you know uh shit coins meme fi meme coins whatever that's going to segment even more that's
healthy we need that because most people do not have the same values and the same like strategy as
to how they want to make money here as those that are collecting into nfts and especially those that
are like getting in early at you know like the ground stages of a of a you know an nft web 3
game or something or a metaverse or something like that you are going to be holding on to that for
likely a year two years plus in order to really see the appreciation and you know the final product
or even you know the beginning stages of a beta right and so i think that uh top shot's another
good example of this like top shots found a little bit of its uh uh of its you know uh its loyalists
if you will like its foundation of community and i think they still consider themselves beta after
almost three years kind of crazy or it hasn't it has been three years now but i would imagine that
another five years from now top shot's still going to be around like if they've made it this long
chances are they're going to continue to do things with the nba to integrate this to make it more
normalized and and you know to kind of uh just uh i don't know make it more identifiable or you know
approachable for you know their audiences at the games the ones watching the highlights the ones on
their website whatever it is um and i just think that yeah just to conclude that the segmentation
is going to help people kind of find their natural lanes of what they vibe as opposed to kind of forcing
it because they want to make money off of it let me ask you one question okay go ahead
no i was just gonna say bro i mean the way anon described what the futures of nfts uh he wants or or
like the trajectory yo that means that if us keep showing up we get to sell to a bunch of these bozos
that are loving and marrying their bags so you know what i'm saying we tda gonna be here we gonna
still be flipping and still making money and looking for opportunities because if all the flippers leave
oh then that means that we got bag buyers bro and then now we really gonna print so i'm gonna just let
you know it's cool shift the market into bag buyers but i'm not gonna be the one bag holding you
you know what i'm saying that like there's a different thing and it's kind of foolish to not
take advantage of opportunity if you're still there let me let me ask you a question and let me ask you
a question i i do agree with you that covet happened we were isolated digital communities and digital
you know avatars were something that people thought the future everybody was like thinking that we're
going to do zoom calls is that is that cat out of the bag is that old news are we just
fucking early like i still believe that nft communities are going to be here to stay
and i still believe that digital communities and digital avatars are a thing of the future
are we just early to this trend and we're just waiting because i don't see like an mf first
community leaving i don't see a board eight community it's just a matter of time to the
people that are noobs that don't understand nts find these communities and feel a sense of camaraderie
like we did when we first got started is this is this trend over are we just super early to this
trend of digital avatars and digital communities i think that crypto punks are demonstrating right now
that we're definitely still early um i mean there was uh what rollbit swept six yesterday for almost
a million dollars there was another 10 sweep that was a million dollars um and it's kind of funny how
that works right like a little bit of momentum sparks a lot of momentum as opposed to like a stagnant
almost you know market for the past six months or whatever where like you know you can get a
crypto punk for under 40 if you were lucky now you can't get one under like 60 65 um so yeah i think
that digital identity is still a flex it still has social capital especially a crypto punk uh they do
kind of uh stand in a class of their own and likely always will um that's just my opinion um right i
rep an mfr i'm a cco maxi and i i think that mfr is timeless and it's just really like iconic as far
as the simplicity of it um that's the kind of art style that i normally you know would uh would
gravitate towards um and i think that mfr's because of sartoshi has its own lore and its own provenance
as a community that will continue to flourish and and you know maybe scale or maybe it stays like a
little bit of like this underground you know web 3 internet cult who knows um but as far as the
majority of pfps my thoughts are still yeah we're early we're waiting for like the actual application
of you know really being able to express our digital identity in a digital world right metaverses like we
we kind of heard all about metaverses at the beginning of last cycle sandbox to central land
eventually other side right even some minium and upland and a few others and most of them not to
say they went to zero but nobody is paying attention to most of them anymore um and and i think that
there's going to be another another uh like upgrade another you know then there's going to be
new players that have um better resources uh more capital better partners and and that we're going to
see a much more legitimate go-around of uh metaverse opportunities and that's where these digital
identities are going to kind of like really manifest themselves as as having value as you know being
something that people um personalize and and really like do um develop emotional attachment to that was
like my point of nfts uh that i put out recently was emotional attachment to nfts is actually a good
thing like if you want to gamble personally i'm not saying you can't be a flipper i i just think that
it it's actually doing more harm than good for the whole nft narrative and the ecosystem and that now that
there's other things to quote unquote flip that are more liquid that are literally fungible for that
reason i would encourage people to you know segment to to fragment to you know kind of go in the
direction that meets your uh you know your wants your needs um and that hopefully we don't see as much
like exploitation of nfts because really what that is is uh in a lot of cases exploitation of the
artists of the nfts i get it we had a lot of vc and uh you know a lot of vc driven um projects and we
will this time around as well and people want to take money off of the vcs i i that makes sense um
but i i don't know i feel like there were some things that because we didn't have anything else
to flip people were like oh well this is the flip of the week like winds of yananawa with uh
rafiq anadol people were flipping that and it it's since you know been cut in half like 30 40
from all-time highs and i just i don't think we need to keep doing that i don't think that the
volatility needs to be that i just want to ask you a question on that do you think rafiq cares
um i that that's a that's a double-edged sword like i'm saying do you think rafiq as as a person
cares what his floor price is and what people are speculatively paying absolutely not pieces
well ironically ironically and actually there were some uh fine art crypto art enthusiasts in the
space that were poking fun at rafiq because they were yeah i saw that because he was
fucking reposting his yeah that was weird is being bought yeah yeah no i agree i saw that and i and i
saw that but i'm just saying like at the end of the day like you i i hear where you're coming from
but and then i think of the creator as a creator and i mean what you do with what i create after
i've already got what i asked you is none of my business i've already got what i asked you i set my
price you met it and after this point that it is no longer mine that is the point of creation is to
give it away or to pass it on right and i'll i'll actually you know i'll uh i'll add to your side
here i'll say that uh curation has a large part to play in that right for an artist as to what are
your expectations if you make a thousand piece collection chances are you're expecting for there
to be you know secondary trading volume and for there to be a lot of churn and you know transacting
happening whereas ack he did 48 pianos and i think that those will become historical because he did a
small run collection where they don't get traded very often but every time one is traded you'll hear
about it because they're iconic and so i think that oh no to that note too i was going to say it's
even different too because real art like real art artists in that sense right i mean i'm just speaking
from the the conversations i had with quad and and just the people um it's a very different type
of artist that wants to see his work on secondary no artist wants to see their work being you know
hoard around in a sense so it comes from also having feet in this world and being a little bit
molded by this idea of sotheby's is something big yeah sotheby's is something big but i think it would
be even bigger if every piece you sold never made it to a secondary market now as an artist that's
something that's a badge of honor that you rare that here in our space is it was worthless right
someone's gonna be like well you've never sold a piece at sotheby's you're like no my pieces
i've never hit a secondary market and they still get bought for a million dollars so i mean it's
just a different view on that and so i think that our market's been skewed in that artist idea of
do i want to be this artist that has these sales and i'm on secondary or do i want to move in a more
traditional art sense and have be that guy like no one sells a picasso why because no one sells a
picasso you know what i'm saying so it's just that that kind of blend just that makes a lot of
what you're saying definitely no we're on the same page go ahead steven i know you're big into
the art and i know you probably have a take on this so i actually had a counter well it's not so
much a take on this it's more of a take on um what you were saying earlier about like the pfp
communities of it all and whether or not like there's actually a future for it i've actually like
been kind of low-key preaching since the middle or the court like the quarter mark of last cycle
that the pfp communities and and all of these avatars they're really just a modern interpretation
of portraiture like when you look at the greater art landscape and trad art you have plenty of these
artists like buldini and sargent and even in some cases rockwell that were like making careers for
themselves on the basis of portraiture art and there's still even to this day a national portrait
gallery here in the states that's not going to go away it is still just as much an art form as any
other abstract form that you've seen here in the space that's been touted so to me i think that it's
not going to go away i just think that you have to be looking a lot more distinctly and with a much more
um what's the word a much more refined eye in terms of which of these collections actually have the
staying power to be seen as a long-term artifact or a portrait that's relevant well because when you go
into pfps right and then you try to transition from let's say we call them pfps here but in
traditional art it's figurative art right the one difference that i see though is that now we're taking
figurative art and we're introducing gen so now it's generative figurative art so it's no longer
that whole one of one portrait feel or that one of one authenticity that you used to get from i think
in my opinion from actually getting you know hey uh rare skrilla can i get a uh you know a figurative
artwork of someone that you know of snowden or something like that and rock that as a pfp so i think
we've yet to break into that i'm not going to say meta but more so that kind of class of self
identification through figurative through pfps whatever we want to call it right and i think
that'll be really interesting when we're starting to see one of one pfps become natural for collections
maybe it's a small collection of 300 small collection of 500 but each one is a handmade pfp
made in a figurative kind of display way that you know i don't know i think that that's going to be
really interesting when that occurs so i'm really excited for that yeah and you're you're dead on
right like i think the one of one element of it is what makes it appealing still but i think when you
talk about what we're what we've gotten into time and time again in this space about you know what's
the appeal of being a part of it if you're not getting a one-on-one it's having exposure to that
artist right i have beaten this topic to death but like the big example i always go back to
is on chain monkey ocm genesis actually is fully generative everything's stored on chain
right like they they crushed that collection in a lot of ways that they've shifted the narrative
over the course of the last six to eight months to the fact that danny yang is actually a generative
artist and i think as time goes on more people are going to recognize collections like that where
you have real relevant people that are creating and generating meaningful art behind the scenes it's
meaningful for a number of reasons and it gives people a lot of different ways to self-identify
you know they they identify with the hat that the pfp is wearing or like they you know find certain traits
very dear to heart to me that's like okay i now have the opportunity to have exposure to one of the
top artists in the space even though it may not be a explicit dead-on portrait of me right so i hear where
you're actually i think you're spot on just a different little complimentary take yeah no 100
and then when bongo requested that reminded me omb is like that right i think omb is a great example
of what we were talking about which is one of one figurative artworks that people have galvanized
to represent themselves around due to the fact that it doesn't have uh the generative aspect of
looking like everyone else kind of thing right they can still be identified just due to the artist's
style more so the color palette in other you know whatever it may be the white and black but
it's just an identifier that yeah when bongo requested it it kind of hit that that's probably
you know the first one that we've seen in that sense i mean tony had the zmbs
and so you kind of see a little bit of it but yeah it's coming from the same artist so go ahead bongo
now i i i request because you guys were having this conversation and i completely agree i mean
all the time me and many others we go through the collection and we are always staring at new pieces
and um if you like it you like it right like some people don't fuck with vr but if you like it and
you go to the collection and you spend time with it you always find new things and i think that's
something uh unique or maybe not unique but something that it's more you see it more in one of
one collections like this one and also people like people that wants to be in in the community they
take they take their time and i've been hooking up friends with other people just because they want
to get a specific omb because it reminds them of something or it looks like them or they
fuck with the piece so it's kind of like you get to you get the pfp but you're also collecting one of
one pieces so you it's the best of both wars i guess and it also you said you have to sit there
and and you know you spend hours going through pieces and checking out the collection that's one
thing about one of ones as well is that due to the no real underlying generative traits if you want
that true appreciation a lot of these i mean it requires you to go look at the art like you have to
actually go and admire it and then connect with it and scroll through everyone and have this genuine
appreciation for it rather than being able to kind of in a sense quote unquote lazily go on open see
say i want laser eyes crown uh and trippy skin and then you see three that pop up and you're like cool
i want this one i like this one's the best you you kind of remove the the depth right that actually
comes with association of an identity system and uh figurative artwork in my opinion go ahead
so frank like d gods frank uh i'll just say like it is as far as what my opinion is i think that he's a
master social engineer take that for what it's worth for better or worse uh because it can be both
with that said the most uh bullish move that i've seen from d gods was this whole uh what did they call
it with the with the art like the downgrade downgrade downgrade upgrade what that whole thing where
there's now three pfps instead of one and like one is like super detailed and almost like mystical the
other one's like super basic and you know simple um that took and and i'll preface this with right like
i i kind of see frank just jumping from one idea to the next like trial and error i get it we tried some
things or we tried some shit we know whatever his whole cliche is right but there is some merit to
it there is some truth to it as far as he is adapting and he has uh identified you know some
sort of angle here as far as fine art and that who knows maybe d gods they're not crypto punks but
for maybe for that community that's what the impression is for them now that it is going in
in that fine art direction it is something that's more curated and not just a dgen pfp so i think
that you know developments like that are always uh interesting to pay attention to see how you know
the community responds see how the macro responds who you know ends up going like a copycat approach to
that um because yeah a lot of these collections aren't just going to survive off of vibes and community
like they used to and some are more innovative than others um as far as you know what's going to
keep them afloat what's going to keep the community together um so you know that's a positive um
you know development if you will for the d gods ecosystem in my opinion where it's just showing like
there's awareness and i'll always give frank credit for that like he is really aware of what's going
on in the space so is luca like both of them really do pay attention to not just their echo chamber
their silo of community but they're always doing market research on what's moving the needle elsewhere
and how can we do something you know nakamigo seemed to listen to you that was weird you said no more
what did you say no cloak today i said hey you know we want to we want you guys to pace yourself it's
it's only been eight months like we we got plenty of time here it's a marathon not a sprint right so
take the night off we don't need a cloaks post so what did they do what did they do yeah they they
put out a random ass second nakamigos post which caught us all off guard didn't do a cloaks post
and then did a cloaks post today they actually yeah because they did a cloaks post this morning
and i'm i i've been you know biting my tongue on the nakamigo stuff but now that you got me started
i'll just say this right this this week's outfit of the days and their little one-liners has been
interesting there was one that said take down notice there was uh today's was like 11 11 make
a wish i get it it's 11 11 um but i don't know it just kind of seems like their cadence has changed
a little bit as if maybe we're getting closer to some sort of announcement or development um i don't
know i'm still bullish as hell on nakamigos i was in a space last night right bunny space and i went
in there because i heard that fidgetle was going back and forth with them oh it's yuga and i'm willing
to bet you know three to one odds and this and that and i think it's kind of funny because fidgetle
said that like he has an nda so i don't know if he's just like openly violating the hey yo i met
that dude last night i met i've met fidgetle face and face that's that was kind of surreal but
yeah sorry to cut you off and you brought i bet i bet when you saw him you were like that's not
what i was expecting for you yeah bro when i saw fidgetle i was like what the the dude is a giant
teenager like not in a bad way like he just he looks young but he's not and he's really big as
shit yeah exactly he looks like a basketball player but uh the point i was trying to make about
nakamigos is uh i went up there and i started you know going back and forth with them like we
usually do but what i picked up on was we're under a 0.2 floor price the cloaks are under 0.05
why can't web 3 keep nakamigos names out of their mouths why are they still like why is it so rent
free in so many people's heads if it's the speculation that's honestly hysterical just because
like if that's what brought it this far then i think that that is a story within itself like that's
the lore within itself but personally i think it's because people see the collection they're like
there's something about this that is it's relatable it's it's timeless it's it's really like modernized
appropriate for crypto it's got really good cultural references for web 2 with sports and music and
whatever else um i think it's only a matter of time before these have their moment
yeah like how much longer no i'm just joking let's get the bongo
um you were mentioned you were talking about frank and luca and although i agree with you i think um and
this is something that i asked luca the other day the reason luca has been doing so well and frank
hasn't it's because frank was uh trying to optimize towards the community here and trying to make
people here happy while luca see it as a bucket that is leaking and it's never going to stop leaking you
just have to make sure you're getting more things into the bucket than the things that are going out
that's his strategy and i think that's what's work and what's a hell of analogy that's really good
yeah uh but on the other hand she expressed a shift i don't know if you guys remember early
this week i came up here and i told you guys to pay attention to solana nfts um and i mentioned a few
of them you guys saw dingling yesterday uh fucking sweeping mad lads mad lads yeah that's crazy he's
starting to get in they pump starting to get he's on every chain sweeping everything like it's crazy bro
yeah i mean i i those were the names that i mentioned earlier this week they are most of
them are pumping uh the map lads and the the clay no source especially so uh everything in solana is
running now we have have you guys seen the sheet coin season happening in sol right now if you are not
paying a say that again bunk bunk is one but now others are coming out and they are they're doing the
thing they don't sustain as long as like if cheat coins because we don't have like
god's fees or anything like that in here so that they disappear way quicker but uh pay attention
to that because they they are appearing and they are real oh they are real for sure like what is this
peep i don't know but you're talking about they are real i don't know if you guys saw the announcement
from the artist of smurf cat last night but he all but confirmed that there's going to be a smurf
cat nmt and uh he's not telling you how much uh smurf cat you're going to need but he's saying
pretty much all holders are going to get this uh so kind of just reading his his breakdown from
yesterday was every legend sprouts from a fertile soil of its own inception brace yourself entities
indeed are coming even though they still need time to grow mature the pfps are set to mature in
december hopefully this works the exact date can be found within the image is just a blank image
and then he had another uh he was responding to land grab will uh holders of smurf cat be eligible
to mint holders of smurf cat will be able to mint my genesis entity collection at the rate they've
been growing the holders might be the only ones able to and then uh k money responded to him asking
how much would you need and he basically had like the zip uh lip zip emoji uh so if you guys don't know
uh this guy named nate halyan has worked on lots of i think disney movies um let me see if i had
found it it was like a imbd link that i posted in our group chat yesterday maybe i'll go find it
but he's worked on a lot of disney movies and pixar movies and uh i don't know he's kind of i don't
know he's just like sometimes i feel like i'm not doing the best thing it feels like my artwork i'm not
forcing it but uh he's been working in the background on this smurf cat and you guys know
how i feel about nfts attached to strong meme coin communities they tend to run like we've seen
sprodos we've seen aardvark we've seen um oh what's the other one the head of pfp
bg's is running right now i called it last night under 0.05 and it's like close to 0.2 it's the
uh ai i believe it has to be ai generated just looking at them but it's the same artist as
sprodo and it's the uh pfp for uh wpc world peace coin i don't have any but oh yeah those those are
trending yesterday i did see those a lot of alpha callers are calling them and sweeping the
shit out of them some of the movies that he's done 3d art for is tinkerbell the legend of the
neverland uh the hobbit battle of five i don't know big hero six the maze runner and guardians of
galaxy so this artist and we all know smurf cat is a really old uh meme from like 2014 it's massive
on tiktok but uh we've been kind of speculating this and uh yeah i i've heard rumors and you're
going to need about five million uh worth of smurf cat which is probably like 750 at this moment which
is kind of a lot but these are typically a lot of small supplies and uh smurf cats are pretty
bullish community so we'll see where it goes anon go ahead so i saw people were talking last night
that uh mog should do uh nft like a pfp and i was like no as were you know some of their big holders
like nifty wap being like no that'll completely like you know kind of segregate people from their
current pfps it goes against the whole ethos of the pit vipers is that being like what unifies people
so one idea i had was what about on-chain pit vipers kind of like they did on-chain mfers because
elon just came out and said hey if your pfp is not on chain then basically you're just you know
a hyperlink to a url um so i think that yeah there could be something there uh it's not like it's
currently in development or anything but i'm curious to talk to the right people just because i think that
on-chain pit vipers would go so hard oh yeah i mean they're already on click everybody has them on i just
it's hard to know there's pit vipers everywhere and now i've seen an irl everywhere that's what i'm
saying imagine a collection of like you know 333 one of one pit vipers all on chain yeah um that would
be dope um i had pinned up the nft collections that have pumped the most in 24 hours and neo tokyo was
on there and citizens and it has pretty much to do with alex becker coming back to youtube uh shilling
uh c to five coins uh to his followers but him and kind of some of this him and jonah are fighting
on the timeline now because someone said someone called out alex becker as all the coins that he
shilled are all the same bags from 2021 that he still has and nothing's new or different and so
he's been getting kind of ripped up for that shit um like all the new gaming content creators or not new
but the established ones as well are like dude there's so much shit that's gone on since you
left and you come back with the same fucking shit so jonah said he was like yeah i see alex calling
50 to 100x on a bunch of you know these new gaming tokens he's like i wouldn't go anywhere near most of
these let's see that's the thing though expresso said that i mean and a lot of people made a lot of
money like that right to where you could watch alex becker's videos and if you bought like live action
when the video dropped or anything like that as soon as but you know mass adoption you'll literally
see within 30 minutes those coins are up 10 20 so that could be your literal strategy investment
thesis is as soon as the video drops you go you can inject a little bit of cash into all of his coins
and you'll be able to clear it because it's just a bunch of sheep that see this as oh look he's back
look at the numbers on youtube and it is what it is so i don't know man there is a way to make money
like that but you also got to understand the playing field in the game that you're in and it's not
you're not marrying these bags because that they're good you're doing it because of his reach
and the ability of opportunity to take on that yeah it's like bit boy before the mistress and
you know the police uh in a counter and everything else gone so i pinned up top i pinned up top of
this announcement and the floor price has been pumping and if you do have some extra liquid
wouldn't be bad i don't know man i do see like a trade here so alex two days ago this is going to be
news about new york tokyo and sit cap next week if you believe there's a big gaming bull run
involvement at early levels is important i would simply do my research on new york tokyo and sit
cap before then have a nice day and then this thing come up psa over the next few days in relation to
new york tokyo i'll be sharing a list of few founders that joined a breakdown of the sit cap
launch pad the seeds we're working on via my youtube and twitter uh this is just three for season
ones and 10 for each floor and right uh for 25 each i had known a ton of people that have been
been on the fence so i'm just giving you the last fair shot before uh begin sharing the next moves
with hundreds of thousands of people as the price could become brutally high with just a handful of
new joins which will likely be pulled by a couple of other founders i'm chatting with today you're not
all if you're not buying a season one for me i just truly want anyone uh who wants to the deepest
involvement in crypto gaming and serious about it to have their shot serious people equal better
community equal better community equal strong nt so okay these are some of the top movers the top
movers in the past 24 hours after eddie come on eddie come on i know you see hands no no hey jonah
no i have one minute and it's more important a lot of people in here i i all right you got one
minute that's not how this works if it's about a flooring protocol don't it's about new tokyo
i it's just a word of a word of of warning um that price might pump so i'm not gonna say like
don't touch it because in fairness it might pump the floor on the n1s went to like 60 um but it was
what brought me into it was what brought me into crypto and let me just say alex becker was like
the primary guy who came in made everyone get hype and then as soon as things like started to move he
like it's a community run project and then disappeared okay so like yes he ran his own
business and yes he sold it for i think a couple hundred million congrats to him but like that's
what what we're talking about here is there is no like you can't trust the founding team at all
it just completely evaporated okay okay on that no i'm not saying there's a trade here is that two
eat or 2.1 this morning it's at 2.48 i would say that if you got in around 2.1 and 2.3 you could
probably exit around 2.5 2.8 long term you could just possibly break three eat again not saying it
is or it's not but these guys have a lot of influence it's elio and alex you're going to be
shilling the fuck out of this on their youtube so and then i think there's even the animoka
ceos involved with neo tokyo they got like crazy launch pads they're not like that that's the thing
that they're not they say that they are but no one is well we got someone in neo tokyo in here he
has a fucking so real quick i know one of the things that i mean one of the things that i don't
know if a lot of people remember is neo tokyo for one to date is the highest grossing mint allocation
with uh whatever secondaries that has ever came out they've given their people at the peak of the
bull everything that was attached to a single citizen was worth more than having a board eight
i don't know if anyone remembers that but that's what it was right because you had a citizen that
was sitting at about 60 eat and then you had a vault and then you had a piece of land so in
combination to no bites the bite yes and then you had bites inside of your vault so i'm just saying
owning an n1 in its entirety back in 2021 was more valuable than having a board eight and generated you
way more money than any nft project that we've seen to date now is it all vaporware now yes but it is
also important to realize where they were at and if you're looking at margins and if you even think
that they get to cut that in half 50 percent half of what they were so half of half you still have a
long room to run and these assets can't appreciate if he rallies so just something to keep in mind if you
just want to look at gross numbers and and margins that n1s were at the peak the best highest performing
asset that you could have had so uh go ahead let's start with the race yeah you're in are you in the
yeah yeah give us a background bros give us get some input i can tell you from years of being in there
and you're right the founders are absent they they built the project and now they're out building their
own projects and their intention with the project wasn't to run the project hands-on day-to-day
they have their own businesses and their own things what they did is they brought a group of people
together and there's a council inside neo tokyo that's building it from the inside out it's loaded
with intelligent citizens successful business people founders of now 100 different projects in web 3 that
are citizens and everybody goes in there and shares and networks i've brought in i on board a bunch of
people i've brought in a lot of really high caliber high talent people different devs different marketing
people people that do tokenomics people that do all kinds of different things it's a resource for
people in the industry to network it's less about buying and selling and flipping and for floor price
it will have some floor price and you're going to see it appreciate but the the strength of the
intelligent of the quality of citizens that's in there far exceeds every community i travel through and i
buy and sell and trade nfts and i've gone in all the different communities and there's all has it
remained race has it remained i mean i can definitely uh attest 100 it's stronger than it ever was okay
people that stuck around are the intelligent people that are there to work not to flip and and the
quality of neo tokyo is 20 times better than it's ever been it's far better now when when the economy
busted last time or when the crypto busted last time everything went down it got really toxic and
really nasty because people that just bought the flip and people that bought there that didn't bring
any value all got pissed off because becker and elio weren't doing nothing to pump their floor price
they all got mad and left filtered out it washed out everybody left the people that stuck around are the
people that really have faith in web 3 really have faith in gaming are they're working and they're
networking with each other they don't spend a bunch of time in and uh discord playing games and playing
grab us they go there the network you hook up with an artist you hook up with the dev you hook up with
a founder you hook up with you know all the different talents that you want you can find incredible people
there it's less about buying and selling than it is building successful businesses in web 3 and if you
look at some of the projects that have come out of there they're incredible and if anybody that's here
that's in web 3 not to shill and it's not my project i'm not associated but there's a company
that built something called mint defense which protects your wallet as you navigate through web 3
it's kind of like the norton antivirus of web 3 and it is incredible anybody in web 3 that doesn't
have that you're missing big you talking about wallet guard no it's called mint defense 20 times better
runs in the background i just had a question for you race do they have the council that you
mentioned are they do they have access to the treasury or was that gone with alex yep yep so
absolutely so the one eighth mint for uh like season two citizens and all that kind of stuff
all that went to this council nope nope that went to elio and becker they they put a half million
dollars in the treasury to fund it and they're letting neo tokyo build itself and develop its own
value and develop its own treasury through isn't there a launch pad too don't you guys have like a
launch pad you guys there's a lot there so there's a company called sit cap in there that developed
from citizens that created a vc fund and it's citizen gated if you own a citizen you can invest
we've had i think near 20 projects now throughout the bear world we've been able to invest in seed
projects did you invest in shrapnel uh shrapnel actually goes live monday so we have that investment
isn't complete that's going to go monday i think in the next couple of days shrapnel goes live and
yeah absolutely we have access to shrapnel in many places do so but you know we've had 20 projects
throughout the bear that a lot of them will start vesting and and uh kicking out in the bull market
you know and by paying attention and being there through the bear you got those opportunities and
you know this this market you got to think about it the people that are investing in a lot of the
launch pad and and new projects now aren't going to vest until after the bull right we're going to we're
paying attention and being there we're going to kick off a lot of our investments from having been
there right so jonah i want to throw it over to you now as someone who's in the gaming space and you
see you know you have the more traditional routes of acquiring funding or just just getting involved
in projects are these siloed incubated i guess gaming communities do they have uh i guess not
necessarily staying power but ability to fully immerse themselves in these markets i was gonna
reference uh because i think you guys misspoke regarding the alex becker stuff i personally don't
really care about him as a person not not like i don't like him i just don't know him so i couldn't
care about him uh don't care about his followers or anything like that uh my point was uh supposedly
this is a guy who talks about health and being a good person and making money and then another
influencer calls him uh calls his tokens a poor play which quite frankly i agree most of the tokens
he mentioned are dog shit um in my opinion anyway by the way they can be dog shit and make money at the
same time just because they say they're dog shit doesn't mean you can't make money but they're still
fucking dog shit right like just because here's an example you can eat a piece of dog shit and still
have a full stomach right it doesn't mean you had a good dinner that's kind of how i think about it
but uh most of the tokens he picked were literally ass ass beyond dog shit um i'm sure neo tokyo is
cool uh quite frankly there are plenty of other incubators that have as a bigger network if not
better i've seen most of all the deals that go through neo tokyo anyway without being a member of
neo tokyo i mean if you're gonna pick an incubator that actually has real power then i would go to
mocha verse since it's owned by yahtzu who is a who if you think alex becker has money he's like a
little child compared to the amount of money yahtzu has in in a mocha brain he's like a little baby
you know and the comparative so uh if you're gonna pick an incubator that's gonna last a long time
probably mocha verse because it's at the heart of the entire in a mocha project by the way it doesn't
mean i don't like what they're doing at neo tokyo i'm sure it's cool i don't know about it
that much about it but then you have uh like i've talked to the founder of cdify i'm friends with
the founder of cdify that's not like i don't know what people are doing uh but to say that most of
his picks weren't bad you know it's just because you you know you can make money selling cigarettes
they're still cigarettes no 100 that's one of the things that i brought up too is that most of his
picks are like the same picks that he made back in 2021 back in you know since his old videos so
nothing really news changed so go ahead steven you've had your hand up for a while man go
yeah like i want to echo a lot of what jonah had said but add one more piece and before i do
race you seem like a good guy you seem like a nice person um what i'm about to say is not directed at
you or having to do even with neo tokyo if it was somebody else who said the same things about
their own you know other community i would say the same exact thing one of my biggest problems with
the space right now and it's something that i've kind of gone on a bender with lately um is just
the fact that what the way you describe neo tokyo and how you know it's got all of these specific
benefits as a builder community there's so many different places that you can network and there's
a launch pad and all this shit we can all name at least five different communities that just like
self-describe themselves by their members that exact same way so like it's not a unique
differentiating factor it's not a unique point benefit and honestly if it's where you fit and
that's the ones that you dig like i will absolutely concede all day long like if you dig the art and
like better than any of those other communities that offer the same exact shit fantastic well just just
my point on that is you're correct there is a dozen other communities doing that now neo tokyo was
the very first one and everybody saw it was successful and they created a duplicate just like
there's been 14 versions of apes right so i yeah but there but that was not they weren't they
weren't they absolutely were not the first they were not the first and quite frankly animoca was
before everyone animoca was the actual first i mean copied animoca joe i'm not even sure if
animoca was like there's probably three or four that came before that i remember the fucking
doge pound started with that and they were before both cyberkons was in front of neo tokyo and
neo tokyo took a lot of their design as well correct so totally agree and you know i'm not
sitting here backing the founders for all them but i will tell you that there's a brilliant community
there i'm there for the community i know it sounds like a hype thing that everybody else says but
it's legitimate i've spent a couple years there and i've met some incredible people got tons of
incredible information and of course you can do that here on twitter or anywhere else it's just
my tribe and i'm not endorsing the founders by any means trust me is neo tokyo alex becker's project
becker yeah no it is his project him and elio found yeah that's why i don't care for it because
when you treat other people like that and say that shit i don't i don't disagree i don't disagree
and you won't find any other people that that do match my sentiment your sentiment inside there but
those guys you got to realize stop by once every couple weeks and say hi they're not integral in the
running of the project they built it threw it out there and said here run it and now it's been
taken over by citizens and there's brilliant people that are running that thing those guys are the
marketing tool for it but they're they're not the builders of it and they're not the people that are
inside making it happen the only other thing he picked is vulcan forge a game that's backed by
anthony scaramucci who couldn't even pronounce grand theft auto 6 appropriately just an example of his picks
vulcan forge is not a game it's a gaming publisher it's like which is nonsense because there's any
if the minute a game takes it it's probably like some outsource dev team from some place and
who know who knows what because any reputable game studio would not take a publishing deal with those
people what about like altura like people are asking like the steam i don't know about altura
oh anyone anytime someone's a steam of web 3 sell it like sell it immediately yeah i'm just you know
you'll never you'll never see a fucking dollar you'll never make a dime it's a fucking ass
project anytime someone says we're building the steam web 3 send it to zero yeah he was basically
unless they're backed by like 10 cent or backed by animoka or backed by fucking riot games send it to
zero yeah in the in the video he's basically you know saying do not copy me invest in the infrastructure
of web 3 gaming now they'll pump just because he fucking pitched it but that doesn't mean they have
any long-lasting fundamentals if you're if you're going to follow whatever he said based on some of
those i would go in make your money and get out as soon as possible what do you think with imx imx
creating their own layer to enforcing royalties the ubisoft partnership do you think that's a nice
infrastructure play like give us jonah with your expertise since we're bashing out becker pick
maybe give us an of the ones he picked the one that made the most sense is avax because they will
they one they have the infrastructure too they put their money where their mouth is and they've
actually backed you know very significant games whether they work we'll see um imx they're really
good at making headline posts but they never really have a game that's very captivating so like i think
the ubisoft thing is cool but also they did the deal they did the deal with ubisoft innovation lab
which is a division of ubisoft that just basically sits there and comes up with ideas but no real product
goes to market until like a few years later so unless he's announcing a game that's going to go on that new
ubisoft hub i don't know like you know i'm not i don't get i don't get bullish about headlines anymore
i mean i get i mean i'll trade it if it means someone's you know someone else because i don't
want to do it myself i'm not going to pump and dump but if someone else wants to pump and dump and i'll
play that stupid game of like with my own money um but i you know not long lasting really um but it's
better than the other stuff you picked like if you put imx next to fucking vulcan forage i'd pick imx
a thousand times every time yeah i think when you're getting big brands in i think royalties
are important or they're just going to stick in web 2 like they're like fuck this if i'm not going
to make money off this why would i fuck come into web 3 no no no if the only reason a web 2 game
company will come here is if they think they can make more money that's just what it is
yep and they're not going to be able they're not going to go on a chain where you can skirt around
the royalties and sell no way there's no there's no most of the big games this is why i don't
understand why people are like oh it's all about eth like i don't know if people don't realize if
you're bullish on game tokens probably the top game tokens will never be on eth they're going to
be on something else or they'll be evm related on something else that can be enforced but they're not
like i i there's no world where the next great game is going to be eth l1 at least i highly doubt
it never say never right i can totally be proven wrong but you know if you're if you're someone
who worked at activision you're not going to build an eth l1 you'll build your own chain completely or
you'll use something else that's royalty enforceable that you can control that's more web 2.5 there aren't
going to be any true web 3 games there's gonna be web 2.5 games and then web 3 publishers which means
they're like governed publishers by tokens but the games themselves will be 2.5 or two i guess
we're just looking for a game to go viral uh do you think dead drop or shrapnel has a chance of
going viral and web 3 and maybe picking up some web 2 audience or is there anything like i've heard
you speak in the past thinking like there's never going to be a triple a web 3 game like what are you
you're not asking you're not asking the foundational question are you asking because you want to make
money or you're asking because you believe in the industry's growth which i believe that web 3 gaming
and nfts are the the simplest form of nfts i think nfts and web 3 basically are a great combination
are you at let me let me rephrase are you looking for things that will make money or looking for
things that will like make money over five to ten years fun sustainable experience then then yes it's
possible but it's not going to be a pumping massive pumper token thing you want things that
make money now it's not going to be a shrapnel or a dead drop in my opinion you want things that will
last over the long run and really prove value and build a real industry then those types of games are
going to be interesting but think about who your buyer is most tokens cannot be sold in the united
states like literally they're kyc aml but you mean what's what's the best like mobile uh web 2.5 web
3 ish game like that you've got your eyes on curious i think more i think if if i think if anything's
going to succeed it's probably i don't know something that's easy to pick up and play for a bunch of
people i'm thinking like mobile like nfl rivals click is definitely something that i mean that one's
doing very well but again like there are ways different ways to make money if you're asking
which ones are going to pump tokens then it probably won't be any of the ones that were
mentioned if you're asking about building a real business for people who are you know kyc aml who
want to be here for a long time who want to build a real fucking world here it's not going to be any of
the games you just mentioned for the simple reason of you can't sell the tokens in america
they they literally have to be kyc aml until the rules change which in and quite frankly most
people in asia are not using a gaming pc with a fucking 3090 in it most of them are not having
some crazy hardware and most of them don't have time to play a game for five six 20 hours whatever
it is in america right these are first world gamers not saying that people in asia are first
world they're in fact some of them are wealthier than americans but they think differently and they
have a different culture these are mobile games they're easy to pick up and you know what they
look closer to a pfp nft project than they do a gaming company right like if azuki did something
that had a meaningful mobile game and they had a token i in my personal thought i would be likely to
take that pick that up rather than just a gaming only company because people in these other places
follow brands and follow interesting concepts rather than just the game and they do it on mobile
by the way i'm not saying azuki is going to be like the winner because i don't think they're
making those kinds of games i'm just saying that you want to pick if you're going to do that you're
going to pick a game that has a brand that doesn't make it feel like it's just a game that's why i
think pfp projects are so interesting because they can be more than a game but make their money in gaming
also in terms of the ones i'm looking at i'm not ready to share yet i've been testing a few
i mean like i just because i know that whatever i say either someone's going to buy something or
someone's going to do something and i and just to be an asshole just to be honest i'll only talk
about that in like my discord with my nft holders or some other format that i can control because uh
people like to mince my words so i'll do it through a format that i can record
yeah that makes sense and then you can share it to where you i mean you know i know you like to do
all your disclosures and all that kind of stuff too and uh be legit and not get fucked by the sec
i'm here i'm here for the next 20 30 years i'm not here for a year um like i like i plan on making
games next year and we are working on games right now so i i just can't i can't be that kind of
influencer i can't be alex becker quite frankly yeah literally i was gonna say you can't go down that
path go ahead and none a couple quick questions jonah so um one do you have you heard of any
other like metaverse plays on the horizon from i don't believe in land cells i think they're
fucking stupid uh is there a way to introduce a metaverse without a land sale yeah it's called
fortnite and there's a few others that are going to do stuff like that but land sales are literally
dumb and maybe one day they'll work but it doesn't make sense it you know what it might make
sense in like asia where the culture matches but for the rest of the world they're not they're not
going to understand the concept at all understood um and then are you familiar with galaxy interactive
like investment group what's up the investment group yeah i feel like they talk a big game but
haven't produced anything they lost a lot of money in luna true i think they also lost money in ftx
uh i mean it's not the first of all they are legit i mean they are a big game i'm just saying that
like they lost a lot of money in luna and other stuff but to your point like no one on twitter is
talking about like embersword and things like that do you see embersword isn't that on solana
is it i'm not sure oh no that's the rory i have to check but i mean these are older games
and the problem with all these games is they're not very good at marketing
which is fine like they're supposed to be devs um if you give me names of games i can tell you
if i like them or not i just can't tell you if i think they'll make money or not all good yeah i
just i thought that galaxy like they were talking about the recursion and things like that like
it just made it sound like they had some revolutionary type of developments that they
were planning and i just haven't heard anything or you know i believe in metaverse where it's
applicable to advertising and brand commerce which the other side could do but i fundamentally
don't necessarily believe in land sales because it's nothing to do with um hurting retail it has
everything to do with the business economics of it like if you have a if you have a game that
actually is generating 80 sorry not 88 to 40 million players a day like fortnight like what would
happen is if you have a metaverse that's that popular you would immediately try and create more
supply for the land because it would be in your best business interest to go make more land to
to provide more sales so either one of two things happen either the game never gets big enough to
realize the value of the land or it does get big enough to realize the value of the land and the
holding company fucking dilutes it because they want to make more money and it's not like real world
land where you can't like move fucking dirt and sand so that's why i don't believe in it
the only way i believe in it is if there were literal legal laws at a country level that states
that you could not dilute the land supply once you initiated it uh last question for you so you seem
really bullish on animoka and yatsu but wasn't yatsu and animoka who were like lead investors for sandbox
uh i'm bullish on the capital they have i don't know yatsu on a personal level but they'll also
back to like 80 other games that don't do that and i and that's why i also said maybe somewhere in
asia that model does make sense but i also kind of look at like the west as well this would never
work in the west at least not for five ten years if that and and we would need laws around it because
we're very capitalist society and if there was a game that made money they would dilute the supply
absolutely there's just like there's more money in selling the land than there would be even in
the royalties dude it kind of feels like especially i don't know if you see what uh uh carlo you know
defy defense lawyer has been putting on the timeline recently but he's been talking about you know this
digital asset uh reporting that they want to push through you know with uh the sec or whatever they
just want you're they just want the cut if you pay your taxes like a normal american and you follow
the rules i think eventually this stuff will be legalized but you know it needs to be taxable
it needs to be a whole thing i got you my worry was that like the u.s is literally just gonna fall
behind and like people aren't just gonna here's the thing that people never mention like they're
allowed to fall behind because the average like the the average spend of a user here is still more
valuable than of someone in most other places so like they could be five years behind and then just
allow something and then all of a sudden all the money comes back here because a lot of spenders are
here the thing is is that that won't be the case in like japan or hong kong or like places like that
because really they they've i mean they've built a place that is very high net worth very valuable
and all the companies that are building the next great game they're just running to asia
and building in asia because it's too expensive to build a company here in america like the average game
developer like a real good one is their salary is like two to three hundred thousand for just one
and you need probably 80 to 90 to make a full game versus versus in asia it's like half that price if
not like less and they're as skilled as any american so it just naturally makes sense that if you're a
real founder building a real company you're just going to go build it in asia and then when it's
allowed here you'll come here eventually so just for context hoyoverse has i think
uh they don't have the public numbers but i do know the numbers it's between 80 to 100 million
plus daily active users those are the people who made genshin impact
i think there's a possibility when you think of things like axi and zed run stuff like that that
kind of was operating in a gray area because it was so early do you think that those were never
like set up to be sustainable as far as the legality of it like that we were just in such
a wild west type of paradigm well say re-explain i'm maybe i'm confused um zed run you know virtual
horse racing gambling on these oh yeah this shit this shit's all gonna be likely illegal and like
in unless they have a license from a registered gambling entity hell no you get you get what's
called a sub license and then that sub license allows you to operate in the u.s you're there they
have to geofence or find another method like stake if i if i were building a gambling game right now i
would not release it myself i would just go get investment from stake and and then use their lawyers
that's just what i would do like i it just may it's too risky and also if you like you you violate
securities laws like you're gonna get in trouble for sure but you're less likely to get arrested
you violate gambling or drug enforcement laws which is the atf you're going to fucking prison
but this is what it is like i don't think everyone worries about the sec the sec is your least
concern that that's the one where you get in trouble but you're like not likely to go to prison
you fucking commit like fraud or you get gambling violation or drug violation any of these other
violations or you violate like money transmission laws you're going to fucking prison and it will
be for definitely longer than a year what about all these telegram bots that are promoting gambling
and that they don't live in america like these are mostly don't live in america i'm talking people
who live in america who do this stuff only the ones that are producing it what about the you know what
about the users what's their i have no i i have no idea i mean that's up to that i mean it's one of
those things you know it's kind of like when people pirated movies like fucking millions of
people did it and only one person went to jail yeah right limewire right that's just how it goes
like you could do something illegal and still get in trouble or not get in trouble because you know
why it's not about what you do it it's how you do it i don't know i'm not a lawyer i couldn't i
couldn't tell you i was but if you tell me if you tell me a game i'll tell you if i think it's
interesting or not our ecosystem i just can't i have to be careful about how i do it i just know how
the space acts and everybody just wants you know wants free money and uh you basically said it over
and over again they live in america they can't do this and that just makes me think in the next
bull run do we need to be concentrating on projects that don't live in america that are asia like
that's what i'm interested in because like look at meme land meme land's able to drop tokens do a
bunch of different i plan on taking an asia tour next year to go meet with a bunch of studios and
founders in japan hong kong i i plan on doing that because i think that's where the like if i'm looking
at where this industry is going it's it's going to be asia first and then here in a few years and
that's where all the value and the money is going to be made yeah i'm gonna do there's a reason you
go labs is not fucking stupid there's a reason they do ape coin in hong kong it's not because they just
like going to hong kong it's because asia is very much into web 3 in america is not yet and that's where
the value is i would always been baby they've always you know push like if you just look at the history
of gaming like even nintendo nintendo popped off years before here in america we're in a similar
trajectory here right now a lot of americans are so uncultured they literally think like asia is this
like raggedy place that has no concept of anything but they just have no fucking clue they're these
some of these countries are so far ahead of america in terms of like culture and in terms of other
technical implementations that um you know of course they're going to be ahead on web 3 because they
think differently they culturally they think they think like a whole unit they don't think like a
bunch of greedy i mean maybe they are greedy but they think like a group of greedy people not like
one person trying to make money against another they don't think this way i've never been to japan but
i have a lot of uh partners that have and they tell me that when you go there it's like visiting
another planet because of the way they think and the way they operate is just a different level
yeah i think we should uh start nft project and uh me and you jonah will go to japan next year
together well i have an nft project uh i know i'm a i'm a holder of it yeah i am thinking about
doing an ordinal project with a friend of mine who's a partner uh i can't say much yet we're
seeing if we want to do it but it would be an art only thing like we would never touch it never take
royalties it's a one-time thing and we don't we don't fuck with it for the rest of eternity yeah well
can you drop the art on your on your first project before you concentrate on another one and now i'm
muting so you can't respond anyways this has been a great show uh banger and we've been running for
longer than typically we run it but i appreciate everybody comes out to the daily alpha we run it
tuesday through saturday this is the last show of the week and effort so we'll be back on tuesday
uh we love you uh we'll be back i trust me we'll be back and uh thanks for all the support guys i'll
leave it here for chief you guys have a great rest of your day talk to you tuesday
just uh i'm eating a cracker bro fuck uh nothing's changed appreciate y'all for coming
stage is always open y'all are family to us we do this tuesday through saturday
9 45 to about 1 p.m central appreciate all the awesome conversation see you guys next tuesday
you guys be safe have a good one and don't lose all your money on shit coins guys