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THE DAILY ALPHAโป๏ธ
Recorded: April 15, 2025 Duration: 1:36:01Space Recording
Short Summary
Crypto enthusiasts are buzzing with excitement as new projects and token launches are set to invigorate the market. With significant airdrops, strategic partnerships, and emerging trends in DeFi, the landscape is ripe for growth and innovation.
Full Transcription
Thank you. what's up what's good how we doing welcome back to the first show of the week it's daily alpha
you guys know that you guys had reminders set You guys been waiting all weekend for this show. So we appreciate you guys stopping by. We would love for you to give us a like and
repost. You know, we really appreciate it. It's like deep, deep down. It's like really look at
that. I'm like, damn, man, you guys didn't like a repost. You guys here every day. So could you
please do that? If you could do it one time this this week let's do it on the first show so appreciate that um no thread because we've been off since saturday so appreciate all the
support all the people listening to us on the recording kind of seems like this we're back
you know kind of kind of feels that way so we'll get it cracking we appreciate you guys
you're a fucking muffler my guy how we doing this morning chief what's up brother
all right man can't complain another day we're going into some good weather and you know
all around just different vibes like spring's coming in we got through the
this a little bit of the turmoil in terms of the tariffs and all that kind of stuff so
hopefully some some good stuff on the horizon you know
projects start dropping more information and we start cooking again and maybe not full bull market
again right people are still a little weary but at least to where they want to participate you know
yeah i mean just kind of looking for the past two days it kind of seems like you know people are
coming back to the space people are redeploying over the weekend so i think vibes are high at least degen's on crypto
are back i don't know about retail or anybody else but uh kind of just feels like everybody's kind of
waiting for the next thing to drop and i do think uh probably this month you know kind of hit a
bottom there and uh i think we're gonna be kind of sitting pretty in may and a lot of you know
new airdrops and new projects are going to be coming out.
So it's got to start, you know, doing our research now so we can tackle those opportunities when they show.
Well, I mean, there's even some stuff on the horizon, too.
I mean, just simple stuff, right?
Like this month confirmed in a couple of days we got Magic eating airdrop.
So I know a lot of people staked.
Even if you unstaked, you're supposed to or you know it's projected that we
still get a little something so they'll stimmy on the horizon uh for those people that went down
the tarry rabbit hole when we brought it to you guys a couple years ago or just in general right
if you've just been farming they're supposed to be going live onto main net now there is a vesting
period there's all that kind of stuff right but? But there's a small unlock at TGE.
And in a sense, it is a proof of work chain, right?
So you would essentially be able to start mining Genesis blocks as well, earning that
way, and it'll be like direct actual earning.
So there's just a couple opportunities that don't really require much money slash we've
already done it months ago that leads us you know to at least have that to
look forward to while other projects come out and more developments occur in the space 100 i mean
there will be things that pop up you know and stuff that we don't expect to get airdrops too
so there's always those unexpected things that kind of seem to do good uh the things that are
hyped and people talk about all the time seem to be like oh shit like that's not great but the stuff that's kind of under the radar and kind of comes out of nowhere
those seem to be pumping the hardest so i think we'll have a bunch of those
just you know obviously we're one tweet away you know from some kind of fucking market drop or this
and that so we got to pay pay close attention of like things that are happening this week. So just a few things. On Wednesday, we have March retail sales data.
Also tomorrow, we have Mr. Jerome Powell speaks again.
So you better believe we're going to have some volatility tomorrow
when that motherfucker gets on stage.
So if you guys are in long or short positions,
just be wary that Mr. Jerome Powell, the man of the year,
is going to be talking tomorrow.
On Thursday, we have March housing starts data on the 5th.
On Thursday, we have Philadelphia Fed Manufacturing Index.
And then SPX companies report earnings also down 10%.
So just a lot of macro stuff to keep in mind this week.
Just keep your eye on it. And I think some things that I've been seeing lately, I saw
an interview with, just talking about Jerome Powell in general, interview with Bessett sitting
down. I don't know who he's with, but apparently Jerome Powell's seat as the head of the Federal
Reserve is up in May of next year, 2026. And so they have been in discussions
of thinking about who's going to replace him.
And Bessent basically said that they will start looking
at his replacement sometime this fall.
So six months out from the appointment.
So yes, Thurumpal might be a thorn in our side,
but won't be much longer.
So kind of looks like they are actively...
That's going to be a midterms
chess piece, bro.
Yeah, that's going to be huge for midterms.
Yeah, that's literally going to be a midterms
chess piece.
Get your guy in and just cram a bunch of shit
in before the midterms.
Oh, look, we now have someone
finally in and now I can actually
change and do what we need to do.
And, you know, the narrative of however it will be spun.
Yeah, and then we'll have a new kind of, you know, boogeyman that we can all yell at if he doesn't, you know, do what we say.
But maybe there's, you know, some other things in the works.
Maybe we don't even appoint somebody.
We move to some kind of something else.
I don't know. But yeah, just be sure, just know that
Jerome Powell will not be the head of the Federal Reserve this time next year. And I do agree with
you that they're probably going to probably wait to get a lot of stuff done until they get who they
want in there. So we'll see how it goes. Also yesterday, the king himself, I think he's kind
of the number one, like when Bitcoin goes down, I think he goes into his think tank and just tries to figure out ways to like pump us off the bottom.
And that's Mr. Poppliano.
And apparently he talked to the Trump administration and they may or may not be using Bitcoin to buy tariffs.
Saw this last night and I'm like, this motherfucker never sees the fail.
Use the tariff revenue to buy Bitcoin. Wasn't on my radar that that was going to be and i don't
think it's going to happen but you better believe anthony popliano is going to use his uh megaphone
and go like run this run amok on this just to get people start speculating on bitcoin again he's like
the main guy when we all capitulate bitcoin he's the first one up to kind of create some
fucking conspiracy theory on why we should be buying Bitcoin again.
So I don't believe this will happen.
And I don't know why people are running with this.
But I guess, you know, if you have American flag behind you and you have a government, you're in the Oval Office.
Apparently, you know a lot more than regular people.
But a lot of the stuff he says never comes to fruition.
So I'm going to take this as a grain of salt.
And this is we're not going to use tariff revenue to buy Bitcoin.
I don't I don't see that happen. What do you mean?
And I mean, no, I don't. I mean, I think that that's just last on the list of where the money would flow to.
Right. Ultimately, I can see that someone you brought that up and they're like, huh, I can see value in that when we're ready or when it's time when the national deficit isn't this or that you know like it's a good idea
don't get it wrong but not as the first thing to do when you start getting a little bit of cash or
revenue in you put it into one of the most quote-unquote highly volatile assets there is right
i mean what's the point of that so it's like you're you're doing the tariffs just to gamble
that money away and so in a sense you
you yourself so yeah i don't see it happening that way me neither maybe maybe a small little fund or
you know a little percentage a little if we have a surplus or a good month or something maybe you
can funnel a little bit out or convince someone but yeah i mean like in all honesty it's not
doesn't make sense right to to put everybody through this turmoil to then just grab that money to invest and just hope, you know?
Yeah, I'm with you, dude.
I saw this.
I'm like, there's, I was like, I saw this as a headline.
I'm like, who said this?
Anthony Papilliano?
And then I scrolled down, tried to find the screen.
I'm like, yup, that motherfucker's back.
Like, he's always trying to fucking create some fucking conspiracy theory about fucking Bitcoin, dude.
And great for him.
Like, we need people like that, but I just don't see this happening.
And just, like, looking at people outside the space and just regular people in general,
and you're more looking at, like, when's retail going to come?
When's retail coming?
Like, I've talked to multiple people on the streets, you know, while I was working at FedEx of, like,
why they're not in crypto, and they're just like, I don't have any money to get in crypto.
And I think that is something that we have to understand.
And I think maybe, you know, breaking the system down and maybe, you know, starting over to make people feel like they can get out of debt and have hope.
Just some more macro stuff that is not looking good for retail coming back to the space.
30-year mortgage rates has soared back to 7.5%, the highest level since January.
We're not going to get retail back here if mortgage rates are going higher.
So that's not a great look.
And no one's going to be selling their houses because why would you sell your house when you got a mortgage payment or refinance your mortgage?
Well, you couldn't get back into nothing.
That's like my parents are a prime example of this.
They're well into like mid-70s and onward house is huge it's my childhood home right four bedrooms it has a pool
has all this my mom's 73 she's not going upstairs bro like the fuck like what's the point of it but
at the end of the day too she also and my dad are sitting here. They're like, if we sell the house, what do we
get into one at our old age? And two, that even makes sense, right? Because and then ultimately,
like, this is going to get left on to someone's plate, right? Whether it be me or my sisters or
whatever it may be. And so now they're just kind of stuck between the rock and the hard place.
It's save up all your money all year long so you can pay property taxes on the house you
already own, right? Because you have to do that. And then, or you try to sell and downsize and go
about that and risk the uncertainty. But dude, they're 70 plus. You think they're going to risk
uncertainty of knowing where their home is and if they're going to have to do this? No, they're not,
right? So it's just one of those things that they're just kind of just stuck right there.
And they're like, hey, man, it is what it is. Unless I go over there and physically do it all
and set it up and say, yeah, you move here tomorrow and this is done. Like they're not
going to do it. Right. And that's the situation that a lot of people are in is they don't feel
like they can sell and find something else to go into that makes sense.
So they're just stuck and they would rather save all their money and just pay the property tax at
the beginning of the year, which is, you know, two, three times, whatever more. And that's it.
Yeah. I'm a pretty good example of this. I bought my house in March of 2020, right before the shutdown. And I got two to 3% mortgage. I'm just like,
I live in Missouri, guys. Don't judge me based off what the house cost it in 2020. This is a
very reasonable place. My house costs about 185K for a four bedroom, three bath house. It's a nice
house. Like in California, you guys, but you live in a shack, but in Missouri, that's a nice house. It's a nice house. Like in California, you guys, but you live in a shack, but in Missouri, that's a nice house. I got a 3%. My house now is worth $275,000. And so I pay about $1,300 to $1,500
a month for my mortgage. If I bought my house now with 7%, my mortgage rate would be about $2,100
to $2,500 a month. So that's a perfect example of why no one's going and refinancing. Why would
I go sell my house and then get a higher mortgage payment and probably a smaller house in general?
So that's just showing you guys like- And go right back. I mean, you haven't got to the point
of quote unquote, like owning your house yet, right? But for those that have, why do you give away or give that power of quote
unquote ownership, equity, etc. to go back into the cycle at whatever age you are, you know,
like that's an accomplishment that you're like, all right, cool. I mean, unless you're going to
reown and continue on this level, it doesn't make sense. And I think that that's where a lot of
people are stuck on. it's they want to
But it's like dude, I mean especially the old generation
I've worked my ass off my whole life right 30 years to pay off this home
You expect me to just sell this bitch and go rent an apartment?
like
I would rather take the L and you know what i'm saying in this house as a as just that's just how they are bro
It's what they worked for. It's their hard work you know materialized so i i see it and i sympathize it's like your parents
generation my parents generation like the asset that is appreciated the most has been real estate
and so i do see you know that generation as they get older trying to capitalize on that investment
you know they probably bought it for really cheap and now it's you know five ten twenty times what they purchased bro my dad when he got his house they
didn't even require proof of income that was when they were giving out loans like a motherfucker
back in the day he was just one of the people that didn't default right like but back he was
one that was that era that caused the crash of the marketing it was that bro they were literally
offering houses and you didn't have to show proof of income you just had to be able to afford the the the one
down payment or whatever and then they they set you up and that's how motherfuckers got houses
back in the day so not only did they get it at a cheaper better everything but it was a whole like
you said 100 different and that was their biggest journey or battle was paying this
off for 30 years so i agree and like maybe you're maybe these houses have six or seven bedrooms and
all the kids have moved out so i could see a like a like a small majority of these people even though
they have to downsize i think it's right for maybe just an older couple to maybe get into
smaller so i do see houses going to be flying up on the market and those people moving into small houses just to capitalize on all the
money they've made off this purchase in the past 20 to 40 years so what up as a what up brother
how are we doing man yeah just the housing market stuff is like you know this is just
kind of like our parents depending on how old you are were born at the right time like without
doxing myself too heavily like you know my parents bought a house in fuck like early 90s
and then sold it you know sort of 2010 for like millions of dollars and it cost them like
a very small fraction of that you know and a lot of it sort of was like luck and timing and where the
economy was at and you know it's how people sort of got rich as you guys were saying or how they
built equity and sort of like how they see their own wealth is in those fucking bricks and mortar
so it's just like a very complicated issue it's also something that none of us could could imagine
because it means you know the two million dollar house in fucking la would have to go to i don't know 150 million to be an equivalent gain which isn't
happening right so yeah we need rates to come down because there's going to be influx of like
people putting their houses on market but the people like zoomers and millennials
don't have money to buy it they they're in a renter status. They're never going
to buy a house. So there's going to be an influx of housing. And that's the narrative now too,
right? Everybody, because one, everybody wants to just follow everybody that hyper,
hyperization of information. And then people talk about, well, you know, you're technically,
you're better off renting. I mean, yes, to a certain extent, to a certain subset of
people where XYZ makes sense, right? But this idea of don't buy a house, instead of buying a house,
become an investor, rent and invest that extra 3% that you would have saved instead of ownership.
I mean, like, these are such grandiose concepts that we're trying to introduce to people
Right that in reality if someone sat there and broke down like dude the two percent you're investing that you think you're gonna make
Is literally inflation you're not making jack fucking shit and you're still in an apartment 10 years later, you know
Well, the interesting thing about mortgages is that people sort of don't realize, but
it's obvious, is that they do allow a shitload of leverage, which is why they have been a
great fucking investment.
You know, you can earn 80K, right?
And you can leverage to the tits up and maybe you can buy an $800,000 house.
Like, try and go get an $800,000 loan to do whatever the fuck you with like the bank will tell you to go yourself but you can get that leverage on a
mortgage so yeah it's been the way that leverage has been accessed you know traditionally by our
parents and shit that weren't financially uh i guess on the pulse yeah we'll kind of move on to
this uh just like for my like obviously the reason why
home prices are going up are mortgage rates but the demand or the supply like my parents build
houses and stuff and i help them also but the reason why you know houses are going on because
there's no supply because everybody's holding on because they want to move but what's going to
happen is all these boomers and stuff are going to start selling there's going to be a massive supply
and no one to buy and it's going to drop the housing prices down.
So it's like, do you get out now and go smaller
before all these boomers sell their houses?
Because once there's a massive supply on the market
and no one to buy, it's going to drive down housing prices.
And if their rates are still high, no one's going to buy them.
Or if the economy isn't great for people to actually save
and actually put a down payment on a house, no one's going to buy. So it's kind of like a rock and a hard place right now. So we'll
see how it goes. And also car loan applications are being rejected at the highest rate in more
than a decade. So just some more macro information. We always want retail to be here and we're asking
where they're at. Until these come down, I don't see us getting into these euphoric, you know, if you go,
like I've been citing the rainbow chart. The past three or four cycles, if you look at the rainbow
chart, we've got into the orange and red areas, which is peak euphoria. Since 2022, since we've
had high interest rates, we've only got up to the blue part. And I think a lot of people are sitting
here, when's the bull market going to start? I don't think it starts until these people actually feel richer. And it's not
looking like that's happening anytime soon. So I just want to move on from that a little bit. But
obviously, we have unlocks this weekend, we have a $336 million unlock for Trump token.
And you best believe that there was going to be a headline to make this unlock sustainable.
And it came out just an hour before the show.
Trump's latest crypto venture to be a real estate video game per fortune sources.
So it looks like this Trump coin is going to be integrated into this real estate game that they're launching. And kind of what's happening here is President Donald Trump announced a new crypto venture,
a real estate-themed video game,
Reminisce of Monopoly,
integrated with NFTs and his Trump meme coin.
The project is spearheaded by Bill Zanker,
a longtime associate who previously collaborated with Trump
on his meme coin and NFT initiatives.
This move follows an earlier launch of Trump meme coin,
which rapidly achieved a market capitalization of $14 billion
before experiencing volatility.
Critics have raised concerns about potential conflicts of interest
as the Trump family retains 80% of the coin supply.
The introduction of the game has anticipated debates
over intersection of Trump's political role
and its private business ventures,
especially given the administration's
recent crypto-friendly policies.
So you better believe that they're going to find some way
to find a sync for this token.
And it looks like this video game is going to be a sync.
I don't know where it is in development,
but with Cursor and AI now,
I would imagine this game could probably be turned around
in the next six months.
And we'll probably have a Trump video game
where you can earn and sell fucking Trump.
He has the money, bro.
He has the money to push this through too, you know?
And so that's the thing about it.
It's like, yeah, development time and all that.
But the biggest, I would say bottleneck for game development is having an in-house studio.
When you can sit there and you have an in-house studio and you can develop yourself.
I mean, you're just depending on the brains that you got working on it.
So we could probably see this pretty soon, probably by the end of the year.
Would you play a Trump video game that you could earn trump coin on i don't know it doesn't i mean i would probably try it out i don't know it is trump the monopoly thing sounds interesting
i mean i've always wanted someone to do some type of monopoly game right but and then again like
we're sitting here and i think that this is where the real world
asset element comes in right i mean we can think it's a game and play to a certain extent but
this is this is actual real estate right and it's probably going to be priced as real estate so a
lot of us can't even play or participate or we'll even have access to this shit i think even if we
want to right it's just a different league of of mfers so monopoly is probably a reference it's probably
not a game though you know and like how i think of it or you like on chain fun trump token play
to earn it's probably some some real deal or eventually will be some real deal like tokenization
of real estate and rwa shit we always laugh at this like oh trump
launched polygon in a tease and we all laugh we sit here in our bubble and we're like okay i made
profit and then we did it on the trump coin we woke up saturday and we're like oh we made profit
i made a 15x it's crazy and after we all say we made profit, Trump has a massive base of people that aren't in this space that want to do whatever he fucking says.
So this is going to have a very, very good chance of opening up all of Web3 gaming.
And this might probably be probably one of the most played Web3 games at a certain point.
Because, yes, all of us are going to try out.
But all the people that are in Web3 and in our IRL that just love Trump are probably going to play it too.
And we're all going to be sitting here like, oh, this game sucks.
And then we'll like fade it away and fade it.
And then his whole user base and his whole cult following that isn't in Web3 is all going to come here and play this game too.
So this could be, as crazy as it sounds, this could be the moment where Web3 game take it off when Trump launches his own metaverse game.
I know it sounds crazy, but we've seen crazier things happen, dude.
We faded Polygon entities, and then they ran for two weeks later.
We faded Trump token after Saturday, and then it ran to $70 billion two days later.
So we'll probably all get in, make our money like a Bitcoin, and then five days later, we'll probably reach all-time highs again.
So maybe this is what we need. Maybe this is what we need to get our eyes on play to earn. like a big coin and then five days later it'll probably reach time all-time highs again so
maybe this is what we need maybe this is what we need to get our eyes on play to earn and trump's
a great uh magnifier of that stuff so we'll see where it goes man it's pretty interesting it's
pretty interesting that he's doing this so maybe baron's behind it i always think baron's just
behind everything he does i mean that wouldn't be surprising right i mean baron and co similar to
how like everyone's like oh it's snoop dog itg. It's not Snoop Dogg dude. It's his son, right?
I mean like yeah, you use the name because ultimately you guys it's the family name. It's a legacy
It's not one is not bigger than the other but at the same at the end of the day
It's like yeah, it's connected to Trump to certain people doesn't matter if it's Baron if it's Eric if it's this or it's that Yeah, but to most it's no it's connected to Trump. To certain people, it doesn't matter if it's Barron, if it's Eric, if it's this or it's that.
Yeah, but to most, it's no.
It's connected to Trump, the president.
It's from his family.
He should at least know.
When in reality, he probably doesn't know shit.
That's another thing that we got to also think like, oh, he knows what's going on.
No, he probably doesn't know nothing.
He has certain people that are allowed to quote unquote speak for him to a certain extent and make moves as like a power of attorney kind of thing but that's it right so not everything
that comes from and with his name is him yeah i agree with you um you're are you still staking
magic eat in chief no i took it out at the beginning of the year but i know i'm not at the
beginning of the year sorry can you get into like the details of the details of the like the new airdrop that's happened in magic and
i'm not really that familiar with it yeah it drops on the 17th let me pin that up to the top
i got it pinned uh so i didn't know if you can like articulate like who gets rewarded with this
airdrop is it stakers is it like i don't know i don't know the details about it i just figured i
like lean on you since you yeah it is no it is it's the stakers if you staked your magic eden um there yeah that's the
one i wanted to post uh if you staked your magic eden token uh during season one and did the quest
right they had to quote unquote two rewards i guess you could call it the initial rewards that
they airdropped everyone a couple months ago or a month or so ago was for staking. And then they did the length that you
staked and the amount that you staked to value your airdrop, right? So had nothing to do with
you buying, selling, trading, using Magic Eden, anything at all, just pure staking.
using magic eden anything at all just pure staking that was reward let's just call it
allocation one now this is the official rewards for season one right whenever you logged on on
your phone on the on the computer or whatever uh and you use the wallet it would say hey there's
quests to do uh simple stuff right log on every day buy an ordinal or an asset for 50 bucks a week. Small stuff like that.
The top of whenever you log into Magic Eden on your phone or on the app, it'll tell you.
You're in the top 1%, top 0.1%, top 5, top 10, or whatever, right?
Those roles and those percentages correlate to specific roles in the Discord.
And that's how you'll get airdropped on the 17th.
It'll be based off of what percentage you were, top 1%, top 5%, etc., etc.
I think that the only thing that wasn't clear, I guess, to me and to a lot of people,
and I mean, they just haven't said against it,
is if you're not staked at the time of the airdrop.
Right.
I don't think that it's a requirement to have tokens locked up when the 17th comes.
I haven't seen anything like that.
And it really wouldn't make too many too much sense.
Right.
Because these are rewards for season one.
So technically season one's done.
It ended on the first.
You could have removed your money and just done whatever you wanted with it, right? So, that's the only kind of, I guess you could say, curveball that could happen is if they say, hey, if you unstaked before this date, you qualify for half of the rewards or whatever the fuck. But until now, if you participated at all, right, and you did some quests, you'll get something on the 17th.
And Season 2 opens up on the 17th as well.
What do you think the ramifications?
Do you think maybe a little stimmy might pump NFTs or meme coins on Solana or Magic Eden?
Are you expecting any kind of that liquidity flow into meme coins or NFTs or anything?
I mean, the Magic Eden thing is tough just because they've been slowly battling it for a while. any kind of that liquidity flow into like meme coins or nfts or anything uh i mean the magic
eden thing is tough just because they've been slowly battling it for a while i'm trying to
find there's a i think wasabi is doing some type of campaign with those magic eating points
you can actually stake it and they protect you versus impermanent loss and a couple other things
just so they know kind of backdooring right as soon as you get your magic eden if you want to make some more money and kind of leverage it further uh i posted it up top it
says you can stake your magic in airdrop to earn zero fees on your deposits no lockups no risk of
impermanent loss and it's only available on uh wasabi you can earn two times wasabi points for
the entire week on magic eating trading and vaulting activities
So all the information is pinned up there
Uh, give me a second i'm gonna pull up the actual chart because i wanted to see what it looks like
Um, because i don't know what the token's trading at uh, because i mean the last airdrop it got roughly
I mean, I saw that probably about a dollar 10 and then it dumped.
And then, I mean, it's been slowly trying to get above that basic dollar mark in order to survive these unlocks. Right. So, yeah, that's where we're at right now.
Point nine five. So a little shy under a dollar.
I can see this probably leading up to the 17th these next couple days uh maybe getting a little bit uh above
a dollar right at that dollar mark and then uh it'll just kind of play itself out from there
yeah did you see the baltimore of web3 uh basically is now enabling uh solana token
trading is now live on os2 uh for why token trading and not token does that yeah or maybe is are they saying token as in like
non-fungible token or like tokens as in like shitters yeah just any token that's a like a
solana token can be traded they already have they already have the eth you could swap and that's how
i got one of my uh traits was swap using their token swap uh on there just swap like eth to like
i think i swapped like maple finance and
i got 100 xps they said that uh coins first nft is coming later this week most tradable now
more in a few weeks so i would go on there and swap some tokens you're probably going to get
a crate i would swap them in the t they've always told you how to get these crates guys this open
sea airdrop is going to be fucking massive so
take a little time spend five or six dollars do these swaps you'll probably get 100 175 xp
and when we start doing the xp calculations sometime at the middle of the year you're
probably going to be slapping yourself in the face that you didn't do more of these but
what's your thoughts like a lot of people are like they don't have they don't have magic you
know magic eating's fucking taking over the salon nfts OpenSea's not going to do it.
Now they kind of surprise us with this.
It kind of makes me think they might enable
Oral support in the future.
Is that something that...
I'm starting to think that maybe they enable
everything Magic Eden's done
and actually have Orals too.
If they add Oral support, I think that could be
a big multiplier.
That's just such a heavy
lift bro that's that's probably why it's a list yeah like that's that's one of probably the biggest
and most expensive uh lifts as well right because uh you're gonna have to basically allocate just
money for management of um compiling your transactions compiling your dust. You're going to have to
create new infrastructure rails on how payments are processed and basically streamlined. I mean,
they could essentially use Relay, how they have been using for cross-chain payments. But I think
that's the biggest issue, right, is going to be integrating the backend infra for it because
all of Bitcoin trading is peer-to-peer.
So essentially, they're going to have to create a Bitcoin experience on OpenSea. Once again,
it's not like us utilizing the mempool itself and just showcasing what's going on. It's Magic
Eden gives you a Magic Eden operating system on Bitcoin, right? And then if we go to
OpenSea, we're going to get an OpenSea operating system on top of Bitcoin. That's the only way
that you can trade ordinals or any of these assets that are utilizing a second client indexer,
is that you create this own, let's just call it instance ecosystem yourself and it becomes a baby little
vm so that's the biggest issue too it's like if you invest that much amount of money time
infra devs uh they're gonna have to basically fight free market to find devs that want to work
on this shit too because most of them have been poached in a sense um is it worth it do you at the very end like when the sun you know
you see the sun at the end of the tunnel uh do you think you'll compete or or stand a chance to
go against magic eden because that's ultimately what makes it worth it too right it's they have
to invest all of this and then at the very end they have to think that after doing so that they'll
be able to take mindshare and keep going with magic eating doubling down on slingshot and runes and stuff like that?
It's like dude at this point if I was open C
I'd be like you got that
I mean you beat me to the punch you've been devin you got the people for it, right?
And so potentially you got that but what I can do is do everything else better
Or of the same quality as you, right? Or offer cheaper
rates, which is what they're doing. I mean, I used OpenSea for the first time, I'd say,
shit, in years. Last week, I was buying a quote-unquote high-valued bear asset. It was
roughly almost 2K. And instead of going on fucking Magic Eden and paying the 2% fee,
dude, I went to OpenSea and paid the 0.5% fee.
Because I mean, why not? Right? But ideally, I knew where what I wanted. And I was shopping
for something specific. And it wasn't me like scrolling through the page. And oh, this is
enticing. So it's just going to be a different marketing model. But I think that if I mean,
if it were I, I would let Magic Eden have this Bitcoin side of things and just do everything else
Better than they did and kind of try to excel in that sense
I don't think they do I think they're stubborn
I think they want to vampire attack magic Eden and they've got a lot of shit for magic Eden
So I think that they're going to do exactly what magic even dud
And they're gonna enable enable Ordinals.
And look at all these updates.
They're all token trading too.
So I think this is a huge lift.
But if OpenSea enables Ordinals trading and runes and BRC swapping,
that is going to be huge for the ecosystem.
I'm not saying it's going to happen, but just the thought in your head.
It could happen.
And if it happens, I don't know, man.
That could be a massive explosion of Ordinals and Runes and just exposure in general.
So I think they're straight up competitor.
And I don't think they're not going to sit until they have every feature that Magic Eden has, plus more.
That's just my opinion.
They've taken a lot of shit.
They've taken a lot of time to do this.
And I think they have a pretty sturdy roadmap to vampire attack magic union again and i could definitely see runes and ordinal trading on open sea by sometime
next year dude even with slingshot leading the way that's what i'm saying it's such like i could
see open sea like acquiring fucking moonshot or some shit dude like i just think they're just
battling it out dude there's no way they're not gonna fucking compete and this these are the two
top competitors and there's no way they're gonna like okay you can have that they've
been taking too much shit they have too much pride to sit there and just let them like take the whole
ordinal's fucking misfeel and the whole ecosystem yeah i don't know well i guess we don't know the
size of their war chest i mean like that's just thinking of it from as if like as an operator it's just it's a lot to risk for
a potential of stealing mindshare because it's a lot to invest but i don't know the size of their
ultimately we don't know the size of their fucking um what's it called war chest right because that's
what makes it all the difference too you got a billion dollar war chest i mean it's worth
attempting everything and anything just hire lifeful fifo bro you be getting done quick
motherfuckers i don't know what he does but that dude is probably other than casey ronimore is
probably the top person technical in btc and i don't know man if you just hire that motherfucker
on the open sea i bet you get shit delivered as quick as possible dude so hire life of fifo bro
fucking give him four billion billion. Something, dude.
Like that dude is a goat.
Like why not have him on your side if you are going to do this?
So I just saw this.
This was the past two minutes ago.
OpenAI is building its own social rival network to Elon.
Third report.
So, I mean, we've seen this already with fucking threads.
No one gives a fuck about other social media platforms.
You're not going to fucking. Sam Altman doesn't have the trust to fucking get people to sign up for his platform
you're probably to like scan your irises and like give like a blood sample or something to get on
the fucking platform so i just saw this launch today these things never come i've been seeing
them raise money uh a lot of the open ai um x board team or the original founding team have all been out and
and kind of campaigning to raise millions for their own ventures so it could possibly be in line for
this that's crazy man i just saw that i'm like dude we've seen so many vampire attacks on x and
just they always fall flat so like gg sam alt. I do think they're the next Elon Musk.
They're probably going to be one of the richest people in the world,
but I just can't see that your social media network's going to outface X
anytime soon.
So, what up, Lord?
What up, brother?
What up?
I just agree with you.
I'm not getting on a fucking open AI platform that's not for AI.
That part.
I also think he's just doing it because he doesn't like Elon
and they're having a slap fight uh whatever like that same process that i think uh is the reason he's doing like an
open ai open source model i think he's just like forced to from meta because like behemoth is
coming out and that shit is fucking like mogging a lot of stats so i think the open source thing
is a ruse and i think this is just because you know they're gonna slap fight but whatever he's gonna make a fuckload of money i just hate that
guy it's like magic eden versus open c sam altman versus elon musk it's like look at these
motherfuckers dude the reason why elon musk hates fucking sam altman is because elon musk started
fucking open ai as a foundation it's like an open source platform and gave a lot of money to it to
develop it.
And then Sam Maltman's like, no, fuck you.
We're private this bitch.
You're out and we're going to IPO this bitch.
I'm going to take all the money.
He's like, what the fuck?
I gave all this money for charity and then you'd fucking close this shit.
Like, that's why there's such a fucking grief between the two.
And that's why I think this competition is going to last until they're dead, dude.
Like, these guys are going to be battling it out on the fucking med, like, at the nursing homes, dude.
Like, they're going to have, like, robots that are going to battle it on their behalf or some shit in like a metaverse or two billionaire uh fucking the ones that you see in
all the movies that hate each other that that compete yep we're all gonna win though it's i
like them fighting because then we get better products it's actually really fucking bullish
100 yeah that's a certain extent yes lord i mean but the thing is
when elephants fight the grass is what suffers i mean like let's just be honest you know
you might see it as a good thing and and it is whenever you get the spoils of war to share
but until then the grass suffers while the elephants are fighting i'm not going to the
other side of the grass when it comes to social media, bro.
You guys can have fun on OpenAI's closed fucking XAI clone platform,
whatever the fuck he's doing, bro.
That's crazy work.
You know what, Chief?
We've been talking with Scotty a lot about just like how robots are like the next phase of deepening shit.
And I saw Masari and Miles kind of deem a new term for this.
It's called deep AI. You know, we've had deep uh we've had what is it defy ai um but it looks like we now have a new
term for this and it's that's what that's the term that they're using and i found like a nice
little thread kind of highlighting ones that kind of do this but just what miles was talking about
is like a new phrase to keep an eye on is DEPAI.
So deep AI, which is the convergence of deepening AI
will be one of the biggest trends in crypto
over the next one to two years.
Stands for decentralized physical AI infrastructure stack,
AI agents, on-chain robots,
crowdsource data, incentivize compute.
That's kind of what they're talking about doing.
And then this guy basically kind of created a thread of kind of who's already been doing this. And they have like
Web2 robot companies. You have Figure Robot, Clone Robotics, Unitree Robots, 1x Tech, Algae Robots,
and Boston Dynamics. You have notable deep end AI projects. You have Aura Robotics, Peak Network,
You have notable deep in AI projects.
You have our robotics,
peak network,
IO techs and bit robot network.
You have a spartial intelligence,
you cut network,
open mind and real world data collection,
geo net,
high mapper,
natix and a mesh pay.
And then you have DAOs like a peak DAO and homebrew robots.
And then physical agents,
Jenny,
I robot Sam's is moving,
which is the one that we've been talking about recently.
And robots.
Fun.
Sam is moving. Is that one where you can purchase that robot and basically like picks up Pokemon cards in real life.
And then you can trade those Pokemon cards for like money and shit.
So I know we've been kind of talking about this concept and it looks like Mastari kind of deemed this new term called deep AI.
So I guess that's what we'll call it for now on.
But that's what Peek's model was, right?
That's what Peek's it from now on. That's what Peak's model was. That's what Peak's model is, I guess.
That is attaching individually every item that we can think of.
Every robot have its own individual source and serial code.
And then from there, you can tap into specific robots.
Like, hey, I want robot number 115, and I'm gonna uh sell it working from 10 to 11 and then
robot 116 i'm gonna sell it working from this to then right and so then it's kind of what we were
talking about with scott right it's just that arbitrage of the robot's downtime and the ability
of work it can produce in that right and you can sell that to the biggest bidder.
Well, how many robots do you actually need?
What are you trying to produce?
Well, it's going to cost X, Y, Z.
So that's kind of the next revolution of it.
And it is, it's just a combination of just,
and a lot of these D-pins
are going to include that inside already, right?
There's going to ultimately be a peak as a network
trying to cater to this. inside already right there's gonna ultimately be peak as a network trying
to cater to this and there's gonna be basic daps that'll be setting up as
arbitrage platforms but this is a feature right so this will eventually be
rolled out to most native deep end applications at their core I can't wait
to like crowdsource like a lawnmower service that robots do. And
then we get paid, you know, we get paid off how many lawns they can mow each week, dude. So
yeah, well, you would get paid on when it's not mowing lawns for you. It's mowing lawns 24 seven,
bro. Like it doesn't stop. So like you have your business from 10 to 10 and then you would get
extra money and basically your investment would double and be like, well, from 10 to 10, it works for me.
And I'm, you know, working down my debt that way. And then from 11 to 9, it's going to be extra cash or whatever it may be. Right.
So like harvesting crops, like, dude, those are moneymakers, dude.
Like, dude, we got to get it. We We gotta start a business on this ship before it takes off
What do you got on your mind chief? I've been fucking ranting. What have you been uh looking at this weekend, man?
Any anything in particular that you're excited about for this week brother?
So i'm gonna post up to the top we saw and slowly the slingshot stuff is starting to get pushed more and more
Acquisition on that end. They said that they're going to have a
enhanced and beefed up uh referral system so you're starting to see referral codes go out
uh could potentially i mean now i don't know i was about to say could potentially have some type of
token associated with it but any type of token would ultimately lead back just to magic eden token itself so this could be a new
use case syncs for the magic in uh magic in token right assuming they take let's just say they take
fees from slingshot and do token buybacks or something but this just now becomes an outlet
slash implementation so for those of you guys that don't know uh slingshot allows you to buy
So for those of you guys that don't know, Slingshot allows you to buy cross-chain tokens, right?
Utilizing USDC and other stables that are a little bit easier to get on-chain.
So posting that up to the top for you guys to check out.
And if you're into trading shitters or anything like that, this is probably one that you'd want to look at.
As there could be some type of integration.
I would say
uh because of the magic eden backing i would just see if you see the token itself uh catch a bid
because of this and if there could be some slingshot implementations but i know that so
many other platforms are like trader bots have incentive programs have actual like tokens that
they're giving out or potentially going to be giving out
right shuriken banana bot uh photon so i would just weigh out my options and see if this makes
sense for you i still don't use slingshot i still don't use it click the link in my bio um okay
yeah it's in my bio i stole i stole pups world piece what's the
difference between slingshot and like moonshot is there any difference uh slingshots honestly
like the ui is way better in my opinion i don't know if you could do like crop like usd by anything
uh i've used both like moonshots seemed like very like rushed and just trying to get fucking
listings and pump bags uh i don't know I like slingshot
more personally just the way that it functions it's like a lot smoother I like the UI and shit
uh plus the magic Eden you know like I kind of agree with what you guys are saying though that
like openc might just like acquire moonshot or like they might uh try to do something competitive
on that side of things I don't really know but I prefer slingshot to be honest just everything
about it I mean that's the one thing that they don't have too right is they don't have a wallet component over there or some type of wallet
provider uh not that's exclusive to them or that they could um try to use as monetization in other
ways right so that's another option that we could see them it would make sense to acquire a moonshot
because then you get a wallet provider but or they develop their own something along those lines to be able to start trading fungis and go cross chain
and it's true they like magician has their own wallet they acquired slingshot open c doesn't
have any kind of wallet and i mean we're in wallet wars bro like everybody's gonna have their own
wallet so i mean that might be next on the list bro is some kind of acquisition or just like their own wallet in general dude so i feel like they could catch up pretty quick to
just like their infrastructure wise if they just like acquire some shit or bring people in uh i do
kind of think that they will bring in ordinals i just think they kind of fucking have to at some
point um to be real and like if they could make like a smooth fucking experience like there's
people still use fucking open c bro like for like i've used a couple times too like chief was saying for
like fees or whatever else or just it's easy or there's more volume on a certain collection or
whatever but yeah why not they don't just acquire some team that's been cooking here and just be
like okay now this is us you know watch them just get all the good graces back watch them like hook
us up with like a generational airdrop and everybody just They just partner with Matt fucking with MetaMask, bro. And they're like, look, I know y'all been wanting one air drop
A double whammy?
But you guys get two now. And it's gonna be... But that's the worst thing. It's like when you have your birthday close to Christmas
And then motherfuckers just take it as an excuse to just give you one gift
Nah, nah, nah. We need them both. OpenSe open c don't be trying to pull the slick one
because i'm gonna ask to see what what is what i need the allocation from where was the meta mask
and where the open c begins you know that's a good point bro like i need to get that meta mask card
because i think there's an airdrop on that meta mask card that's i asked for one and i've yet to
receive the card itself it's pretty easy to get set I mean, for anyone that didn't try it the day after Michael came on the show,
you can go over there and try it yourself.
I mean, I have the link and everything posted, right?
The card, MetaMask, et cetera.
I'm waiting on my physical card to get here.
It does use Linea, right?
So it's USDT Linea based.
But at the end of the day, you just transfer into that, use that,
and you swipe the card whenever. He said on the show that they they're gonna have airdrops drop to that card bro i'm like oh
you just gave it away bro anybody that has the card is probably gonna get airdropped magic eden
token or metamask token or might be a multiplier some dude so yeah bro that's a great way to sell
cards look at what happened with the solana phone no one bought that shit until there was an incentive on it
So if you want to get your card as many people's hand say well, you're not getting your airdrop until you get the MetaMask card, bro
And then you sell thousands of that shit
So I think that's probably what they're gonna do, man
They're probably gonna fucking make you buy the card to get your airdrop in the future and they're gonna that's gonna be one of their
Well, they get to farm the downloads which is a whole nother vector of getting monetized and like, you know, approaching for investment and stuff like that.
It's, hey, look, we also have an app that's number one in the wallet section or stuff like that.
Right. I mean, that's literally what Magic Eden forced everyone to get their wallet for the claim.
I promise you, bro, someone was in the background pulling analytics just to have as a showcase like hey
At quarter one last year we were the number one most downloaded crypto wallet
Of all time and then I mean like yeah, we laugh but that's that's why they do this shit, bro
It's so they can go and drop that little piece of information at the next VC meeting at the next time that they need a
You know a total like money generate revenue generating event and
It's like yeah, we're also or we have been right because that also leads people to believe that you can go back
Oh if they were there once then they they're gonna be at the top again
We could change there's potential and so it's just
Psychology and the manipulation aspect so I can almost guarantee you they'll have some type of wallet access coming up.
And then talking about wallets, we had Wallet Connect.
I don't know how many people actually utilize this.
Because most of the wallets that you wanted to use were available through direct integration, right?
The direct API.
If you happen to be one of those brave crypto adventurers
and you were using some off the wall wallet a long time,
you have wallet connect points, right?
Ultimately, this was the only way
that you could kind of connect those wallets
in a quote unquote physical call sign.
And so check out Wallet Connect. It
dropped. I mean, ultimately the chart itself looks like what you think would happen on a year long
airdrop. This was rumored a year ago. People saw their allocations a year ago and it was just
finally released a couple days ago. So pinned up top is the official wallet connect page. Make sure you go there if
you'd like to go and check it out. Transferability has been enabled. Wallet connect can now move
freely across the on-chain ecosystem. As I mentioned before, you saw what you could have,
like the tokens and the amount of wallet connect you get. You just couldn't sell or do anything
with them, right? So it is fully live. If any of you guys remember that airdrop or you got some a year ago or something uh chart
looks like shit so you might not cheat now but hey could be a burger could be something depending on
the size of your allocation yeah i don't think i got much on that walk and i think i got like
four cents so it wasn't much for me most of my most of my wallets were always there you know like i said this was really for
those adventurers bro that would have to do the the custom api call and the connecting of the
wallet itself but i rarely use that button for any any of the daps you know yeah i'm with you
i have a few pre-sales here that just came out about a few days ago that we've all been kind of paying attention to. The first one is this new DeFi game that is kind of very similar looking to DeFi Dungeons that's launching on base called Dungeons of Fortune. dungeon are opening in 24 hours community sale april 15th at four uh four 1400 utc first come
first sir april 15th at nine 1900 utc all communities and no snipers everyone enters at
the same price tokens heroes get put coming next let's see if there's any kind of upcoming
anything today so secure your coins now they just launched it two hours ago. So they do have something new up.
So secure your coins now.
I guess their token is called coins.
Eligible community sales wallets
are now able to secure their tokens.
First come, first serve to follow in four hours.
So two hours from now, first come, first serve.
Any token remain prior to the launch of the game
will be burned.
You can go to the tge.dof.gg.
So they had some quick facts. They had over 1 million wallets connected 1 million civil attempts clipped 80 uh 38 a valid
whitelist interested 4 000 whitelist spots awarded uh 1 000 allocations available 36 unique enemies
14 economic spreadsheets 11 rejected xdp, eight months of hard work, three days until game launches.
So I don't know.
We've been kind of in the fog of war, like I said,
the past month and a half of just DeFi gaming season,
and there really hasn't been one to take off base.
And with that kind of community looking for something to do
and Jesse Pollock there to promote it,
this might have a similar kind of surge of interest similar to Bitcoin.
So just wanted to let you know that's available. We have been talking about it for a few weeks. So I want to make you know that that's available for you guys. And then the Sanzia Labs,
which is that pass backed by the Telemafia crew, their pre-sale, 12 hours till pre-sale. The Diamond
Genesis Pass opens tomorrow. Here's how you secure yours.
Visit amaru.io.
Presale goes live in 12 hours.
Connect your wallet.
A widget will appear to confirm if your wallet is approved.
Provide your email address to receive your recipient upon pay.
Click on the pay button to purchase for 0.28 ETH.
Upon purchase, you will secure your airdrop of a diamond Genesis pass on mint day 288 passes
available for our pre-sale don't miss your chance so really small supply 0.28 is probably like 300
400 we kind of seen these kind of small supply Genesis passes kind of run up so Sanzia lab has
a big uh big partnership with Sonium and Telegram. And I think they're really big in AI and Asia.
So, you know, smallest collection, pre-sales going live in 12 hours.
I don't know if you guys want to get on it, but it's just an opportunity there.
I do think this one probably run up pretty quickly.
So I have some more stuff here.
I think the Sanzee Lab is going to be good.
I mean, they come from limit.
The dev comes from limit break.
So it's not just some random, random bullshit, I guess, so to speak. I the getbook, researched the getbook.
It's an interesting DeFi game, more of a DeFi, not a DeFi Ponzi game.
I guess it's a Ponzi, but it's on Baruchain.
It's called Baruchain.
It's an on-chain wars powered by Baruchain.
They basically have been talking about how their pre-sale is now live and then they have
some announcement here is that the lbe tier one is filled and it's just starting it looks like
they have a partnership with the bulas but it's a game that is on barra chain which we haven't had
a defy game but this isn't like your typical like bitcoin uh of game. It's a bit more complicated.
And the fact that it's complicated makes me think it possibly won't take off as much because of it's pretty, I don't know.
But let me kind of describe what Barif is for you guys that are interested in it.
So Barif is a meme-fi protocol on Barichain where users simulate on-chain economic war between China and US tokens. The core idea,
you deposit bear to mint either China or USA. These two tokens compete economically. When one
pumps, the protocol nudges users to rebalance by adjusting fees and collateralize requirements.
It's like a tug of war, but with crypto economics. So how it works, you have a tuple token system, which I
mean, I guess that means three. You have China equals meme coin representing communism. You have
USA meme coin representing capitalism. Both are backed by Bera and are tied together by a formula
K equals X times Y to keep balance. They have a dynamic minting and arbitrage. Once you bet on China over USA, mint China.
If China gets too expensive, you can burn it to mint USA and capture the spread.
Fees increase for the weaker token, encouraging users to rebalance the system.
They have a loan to value system.
If China and USA are close in price, you can mint at a higher LTV, up to 80%.
If one runs away at price, the LTV lowers to prevent leveraging and risk.
So you have liquidity strategies, three main LPs.
You have China and Vera, US and Vera, and China USA stabilizer pool.
Key rules, winning the LP, more trading volume equals buybacks plus rewards.
Losing LP gets dumped on, fees sold, no rewards.
China versus USA pool stabilized.
Everything gets rewarded from the
lps they have a fee mechanism uh if prices are equal one percent minting fee if prices diverge
cheaper tokens has higher fee up to 90 to slow it down this automatically incentivize rebalancing
they have a launch in lbe liquidity bootstrapping event which is what's going on right now it's a
fair style launch with a tier-based model. Early participants get Barif tokens at lower prices.
Target raised about $100K to $400K.
Funds go to seeding the LPs on Kodiak V3.
The tokenomics of Barif, it's a $700 million.
Initial price is $0.00343.
Circulating at launch is 31%.
Use cases earn yield for trading fees, LP exposures via bear up, governance
rewards, and gamified trade wars. Allocation highlights 40% LP incentives, 18% public sale,
20% trade war, and then 10% core teams. And so I've kind of put this in and kind of the pros
and cons of this is it's unique. It has built in arbit arbitrage. It has incentive liquidity pools and a launch model.
But the cons is very complex for new users.
Over-dependent on volatility.
Games feels forced.
And LP loser tax may scare liquidity.
And obviously, there might be smart contract risks.
And kind of relying on the bearer ecosystem to kind of pump this out.
But kind of doing a little research on who's following this.
Smokey's following this.
There's a lot of people following this
and they partner with the Bullis.
So I don't think they're going to have that much
hardships of getting community support for this.
But the reason why a lot of these games take off
similar to Bitcoin is the simplicity.
And the fact that this is about like a token trading game
and a DeFi trading game, which fits Barra ecosystem.
But I just don't see people coming from other chains
playing this.
And so I'll experiment with this,
but I don't see this taking off Bitcoin.
Maybe this kind of cooks over the week
and maybe we can follow back up in a week.
I haven't yet.
Obviously, it just happened and I haven't done it yet.
Well, tier one already closed. Tier zero already closed. I've obviously just happened and I haven't done it yet. So well, tier one already closed.
Tier zero already closed.
I'm sorry.
So they've currently raised 53K, pushing 54K.
Tier zero was the first 50K.
There's still 46K left in tier one.
I think that the only thing that i didn't necessarily like or really understand
is that like bitcoin and all those kind of things right or let's just say you have visual
representation of how the game is ponziing so to speak whether rather this is more so uh just a
token and defy staking and contracts and stuff. So it's less interactive
For the person right? It's more so reminds me of like infected our pvp that was launched. Yeah
It's more so just buy a number go up and if people are talking about it and posting, you know, and that's how it'll spread
Bitcoin you had people posting just flat-out cool images of their their rigs and just you saw visual representations of
what could potentially be them making money right this one is people are going to tell you hey we're
making money and you're going to be like well how well oh number go up and i bought this and
china then traded it so it's like it just makes it harder to spread right which is one of the
necessities in all honesty,
for this kind of play-darn game or anything like that.
Josh, you have something you wanted to say real quick, brother, on this?
No, my bad, dude.
I was just getting into my truck.
I hate to speak about it.
My bad.
Enjoy listening.
Okay, bro.
I saw him come up, so I was like, what's up? What's up, bro? Let me do something. Yeah, there you go, Chief. Thank you. Okay, bro. I saw him come up. So I was like, what's up?
What's up, bro?
Let me do something.
Yeah, there you go, Chief.
Appreciate that.
I always like to bring people up to give them a chance,
but they always let me down.
So that's why no one ever comes up.
But I just like, the reason why Bitcoin took off,
obviously, is the marketing of it.
But it was the simplicity.
This one is like dealing with arbitrages and stuff.
So it's very complex, which kind of fits the Barrett ecosystem.
But I just don't see a mass of new people like rushing over here to play this game but doesn't mean that the game won't be it needs one though that's one thing too like you can't
like you can't sit here and no one can kind of talk shit because they're the quote-unquote
supposed on-chain game on bear was fuck grand conquest which was supposed to be like war
right and kind of which made sense and it was fun and you'd go buy countries and you'd get troops.
And that was the play to earn Ponzi, right?
But a lot of people got burned on that.
Like six figure burnt from investing into the game early on because they received allocation from Bear Foundation, right?
So it set this perception of these guys are here to stay,
when in reality they're not, right?
They ended up rugging their LP,
taking all the money that they received from the foundation,
and the dudes that put all that money for the game ended up getting cooked.
And that's just one of those fears, and not necessarily a fear,
but one of the realities that not necessarily a fear but one
of the realities that can happen with on-chain games is that you make the most money aping early
but if the game doesn't take off i mean that is what it is right that's the risk that you were
taking is that the game doesn't take off so it's i agree with you i agree but yeah i just think i
think something that would probably get more like on the Barit chain that looks exciting is that Baritone game.
Yeah, that one's popping off, bro.
That looks like... I even asked Draco to see if I could figure out a way to get some access without having to buy a founder's cloth.
But that looks like Animal Crossing, right?
Which caters and covers such a good and a niche, like demographic of gamers too, right? It's those casual, cute, not really worried about in a sense, progression or competition versus others is mainly single play.
all of those assets right those baritone assets they double as uh 3d avatars for if anyone's
interested in doing any of those like cameo experiences or any of those just face overlays
they're fully rigged so you can utilize that if you are a metaverse or whatever the
fuck they call themselves they had their play test I guess is now live. I guess you go inside the Discord and maybe there's some โ get some access there, but I don't know.
Have you staked your Steady Teddy or anything?
I hear a lot of people talking about that over the weekend.
Bro, that's fake.
Is it?
They're saying they're โ they're like, we're staking our Steady Teddies.
Where do I stake?
I'm staking and I'm making 69 Barrett.
Yeah, that's fake.
I was like โ I was telling everybody.
They were like responding to me like, no, it's not. Actually, no, it is. It's real, bro. 69 barrett yeah that's fake that's just i was like that's i was telling everybody was like
responding to me like no actually no it is it's real bro look y'all send me your teddies and i
will give you a percentage of what i make when i sell it you know and then that's how the staking
works when i sell that bitch i'll give you 10 of whatever i made and thank you for the process
well i think just selling everybody that's fake is good because you're probably get you know people i'll stake it for you and just scam the shit out of you so
a lot of there's a lot of tongue-in-cheek and barra and you can't take everything literally
but some people literally will take it literally like i can't do it can you do it for me send
their teddy and then lose it forever and get scammed so just wanted to reply and let everybody
know this was tongue-in-cheek and fake yeah but this is probably a part of a campaign i mean we talked about this right when proof of liquidity rolled out
one of the sneak peeks inside the video was the ability of staking nfts for bgt emissions and for
proof of liquidity activation so uh this is all fake and fun and games and it's going quote unquote viral on the timeline
and everyone's saying it's fake until it's not. Right. And all it takes is literally one
announcement from them saying, hey, by the way, we are the first NFT or whatever that's going to
activate proof of liquidity for NFT staking. And the the timelines already heard that staking was going to go live
people are already asking so in a sense i mean i could probably see this as a marketing tactic just
to get people talking about it and oh it's fake oh it's real oh it's fake oh it's real and then
eventually they'll just drop the official link and say hey by the way we're the first ones that
did xyz i'm with you brother what up sam how we doing this morning
i'm good i'm good that's crazy that's the reason why i came up i'm like that's the question i was
gonna um ask i was like convince me to stick my steady teddy i would i'm not i mean i knew it
was fake too i mean that's the reason why i came up and you got to it before i did so you answered my
question so anyway um what's up guys i just wanted to come up and say i think that the one thing i
will say about staking on bara that a lot of people um kind of just have this bad notion in
their minds of staking there's no lock-up time for% of these protocols on Vera, right? And so you could essentially
farm yield, farm whatever fake vaporware, whatever you're doing that you're staking for.
And if for some reason a pump happens or anything like that, within, I would say,
five minutes, you can go request your asset and make whatever moves you need to make right
granted you can't be the very first one to capitalize on the pump but it is to the point
where i can go into infrared kodiak bear hub anywhere i want and within minutes have access
to anything that i have in the liquidity pools so it it's, yeah, we have this idea of staking and,
oh, well, if it's locked up, I miss out on X, Y, Z. I don't want to do it. Or, hey,
it takes too much money. I don't want to do the cost. Well, it's fractions of a penny
per transaction. So in reality, you can go and do these transactions five six times a day if you want to
right and then not have to really worry about how much money you spent that was one of my biggest
i guess issues with their idea or their system of the rewards is that i get a lot of bullshit
right i'll get like six seven bucks uh 10 20 bucks but and then it's that's the total amount across 50 tokens so some of them are just
pure dust of dog shit and other ones are a little bit more than dust and i was like man this is a
pain in the ass having to consolidate having to go through this but at the same time it's
like cents and pennies on the dollar so for the tokens that you know have some type of monetary value i
consolidate i don't really feel some type of way about the ones that are under a dollar under two
three four bucks i leave there let them get to a certain threshold and then claim it right because
there is no fear that you're burning money or minimizing your margins so just something to
think about um just staking isn't as taboo i would say over here
there's still the smart contract risk you still have all of those elements but the oh i'm gonna
miss the pump because it's a 90-day lock up or oh i gotta wait four hours or five hours or anything
like that like the vast majority of things on barra are instantly accessible to you
barra are instantly accessible to you well i ain't speaking shit i'm gonna do the old school way bca
to get my brother yeah that's that's the way too i would only say that the the whole if they try to
force motherfuckers to stake for the coin so it's just something in mind and then you can probably
unstake once you receive the coin too so something to keep in mind uh i'm gonna pin up something to the top and uh since
we're on the the subject of bara uh last what yesterday yeah yesterday uh bear chain launched
uh the new rewards vaults right we had an issue two weeks ago with Jani, you know, complaining about the Henlo lockers not receiving emissions.
Had kind of that implosion on the timeline.
A little bit of downward price action on top of FUD.
Caused for a little capitulation.
So, this week, right, it's the first time that we have new vaults actually get whitelisted and cleared. After abiding by the new rules, I'm going to pin that up to the top.
So you guys can check out the new vaults.
Henlo lockers did get approved.
I know that that was a big and a touchy subject on whether you'd be able to get BGT from Henlo or not, but you will.
low or not, but you will. And then also they set up a council to set up and start helping,
I would say, make decisions in terms of anything that requires or that will get yield, right? It
shouldn't be just left on one or two people. It kind of, in a sense, a council, so to speak. So
So I'm going to post this up top.
I'm going to post this up top. It is a list of all the pools that were open.
It is a list of all the pools that were open.
Shout out to B Frank for making this.
And the council itself is six different members of the, I would say, the Barra ecosystem.
Members from JANI to the CTO of actual Barra Foundation, etc.
So there's that to kind of add a little bit of balance to it.
There's that to kind of add a little bit of balance to it. And so before there was no threshold and the amount of,
let's just say incentive you wanted to push towards a pool. Now validators must and can only
be up to 30% in any pool. So before they could push a hundred percent of incentives and kind of
force everybody in the ecosystem to just stake into their pools, right?
Because, hey, I have more money than you.
I have a treasury that I've built up for the last 10 years.
And so ultimately, you're a little guy, fuck off.
Well, now, even if you have that 10-year treasury, the max that you can point towards any pool
is 30%.
So this kind of brings a little bit more
of a balanced playing field.
The little guys, the newer protocols,
the builders, the devs,
they can't just get de-boated anymore, right?
They can actually push a quality product
and be up par to these people
that have multi-billion dollar treasuries.
So that was one of the most important parts
of things that changed.
And then just pinned up top, this is the amount of rewards that have been live since proof of
liquidity activation three weeks ago. We're sitting at roughly $5 million worth of rewards
that have been pushed and streamlined to delegators and participants in the ecosystem.
Yeah, I can always tell that we're back
because the leading the most profitable uh industry in crypto is starting to hack and
scam people again i mean remember we're at 100k and buy big got hacked and then we sent this down
all the way where we were we've had mantra i'm not saying that was a hacker it was fucking look
scammy yet zk sync get hacked. You've had Jake get fucking hacked
from a Zoom call. And then
this fucking packed day, you have
three custodial dex. Rune dexes
fucking were compromised over the weekend. You had
RiffSwap had 120k
stolen. You have Odin
had 80k stolen.
And then Rune Dex had 50k stolen.
And then fucking Bob Bodily got hacked.
Bro, you know how bad
it must be to be a hacker these days imagine going around telling people that you hit three
bitcoin protocols motherfuckers think you that guy like you are that guy three bitcoin protocols
yeah bro they're trading fucking fungible tokens and everything damn you made it how much did you hit for um a little less than a quarter
mil and they're like bro what they're like we got fucking elementary school hackers that hit you
know bridges for three six million dollars and you got you hit three protocols you managed to break
through three people and got less than a quarter mil that That's tough, bro. I mean, I ain't trying to be an asshole, but that's the beauty also, though, of the centralized solutions, right?
The reason why more money wasn't taken is because they disabled trading.
I mean, that's just something that comes with the process of a centralized entity, right?
Is one person, in a sense, has the keys, has the ability to turn things on and off,
has the abilities to set the price. We saw this happen with hype, right? When hype was about to
be liquidated, they went inside, changed the oracle price of the token and made the participant take
the L. So you put yourself at risk for the speed, for the, let's just say, eyes, for the liquidity, the number go up with
these kind of vulnerabilities, right? And so Bob himself was hacked and they had access to,
obviously, his wallets, his tokens, and his account to manage and move through the Odin
ecosystem as the quote-unquote admin. They were able to shut it down and isolate it and etc.
ecosystem as the quote-unquote admin they were able to shut it down and isolate it and etc
his post-mortem said that he has roughly i think uh 10 or less users affected from it so
uh really good kind of like that all the users who were trading there got affected when all the
prices went down as well oh yeah no 100 i mean i think everybody got affected as soon as you turn
it off right whether or not like they got drained and their tokens were the ones being
market sold off. Like that's a completely different story, but everybody was affected,
right? Cause from now on, even if I had thousands of dollars in there and my one token wasn't the
one that got hurt, you're not going to go over there and fuck around anymore. You're not going
to go in there with the same size that you are anymore. So at the end of the day, whether or not I was directly
impacted, the credibility of the platform dictates how much impact I have and ultimately my bags as
well. So that's something to keep in mind. And people are trying to figure out if it has to do
with ICP. ICP has been one of the underlying tech behind all of
this right uh to kind of facilitate this uh and then you had the funky bit that also was uh going
hard and we were talking about that as a new trading platform it was uh implementing or in
the process of implementing og bitcoin rooms and then that founder dropped some weird fucking sketchy uh no one knows
if he was hacked or he wasn't hacked he just dropped the token vampired everyone in the funky
bit ecosystem and then just kind of vanished into the oh i'm sorry so it's a lot of weird shit going
on right now for uh you know where all that stuff's located not Not on L1 Bitcoin, though. That's the crazy part about that.
So, I mean, it is what it is, but you have to understand the risk of playing outside of that ecosystem.
And if you're going to go, then go to ecosystems that have these rails and these playgrounds already built.
Right. I mean, that's just kind of how I see it right now. Right. There's just too much at the line of, I'm not saying don't experiment, but people are playing with more than they can
experiment and just keep that in mind, right? New, novel protocols, have fun, try it out,
but also it's new and novel protocol, right? You're having fun and trying it out. It's not
the best thing since sliced bread, not just yet. That part. I think there's a lot of miscommunication in the just fungible ecosystem
on bitcoin where it's like a lot of people don't understand that you know and they're just like oh
this is the next this is where we trade runes now and it's like no that some guy came up with a
solution using other tech because we don't have things like fucking CTV push through. We don't have like OpCAD or anything like that.
It's just impatience.
And people realizing that there's probably a way to get this liquidity onto their platforms.
And to get you to fuck around and find out.
Which, cool.
I'm all for building and experimentation here.
But I'm not putting my bags into somebody else's bags.
And that's all that it is.
You don't have control of that shit, bro. They shut down trading. my bags into somebody else's bags. Um, and that's all that it is. Like you're,
you're not,
you don't have control of that shit,
bro.
Like they shut down trading.
Like I just don't like the narrative of like only 10 people were affected.
Brother,
everybody was affected.
All the fucking charts tanked.
Everything was fucked.
And like,
everybody thinks that your shit's just not secure.
So you're just fucking around and finding out when you're putting your money
into somebody else's money.
It's theirs now until you take it out.
And if you can't take it out because they shut down trading, everyone's affected, not 10 people.
I'm with you.
And the bank run that comes after, right?
I think that that's the biggest thing.
It's not even it's yeah, the dust settles.
But like then in all actuality, even if i did not have my personal token affected by
this like why am i gonna chill over here the people that are coming are gonna be less ultimately
because of this doesn't mean that i don't believe in the platform doesn't mean that i don't believe
in the token that i'm buying just means that at right now i mean it doesn't make sense to just
sit here and pretend as if this didn't happen, you know
And that's what a lot of people are gonna hopefully know it did it will affect you to a certain extent
Just be careful with your sats and that's it
Wasn't there like a magic Eden integration our
Magic internet money integration is coming soon migration it ended earlier this morning
So is that I mean we've been telling you guys for in a sense months um to to migrate your uh wizard into magic internet money that
fully completed this morning uh so if you did congratulations if you didn't um i mean i don't
even think it's a rip bozo it's just just like it's unfortunate. Your tokens will be burned and you were warned for literally like three to four months.
So there's no sympathy there.
And I'm sorry.
Right.
I mean, that's all it is.
So pinning it up to the top, they did the official count and the breakdown out of the tokens.
87.64% completed the migration over. right? So a little bit under 90.
Claimed wise were 18 billion, and then unclaimed were 2 billion, right? So roughly 10% is getting
burnt, or maybe will be redistributed to the community. I don't think that they've actually
said exactly what's going to go or I don't think that they've actually said exactly
what's going to go or I didn't see if they have kind of said that they're going to burn that or
redistribute it. So burn it, burn it. This guy basically wrote a thread said Binance enable
ruin deposits and withdrawal on the day that MIM migration says, I don't think this is a
coincidence. Big things are coming. Heard this before. We speculated that they're accumulating
the lows and watching the asylum. this is true we are going infinitely
higher we still don't have any billion dollar ruins magic internet money will be the number
one meme on bitcoin and obviously this guy has a taproot wizard as a profile picture just more
opium that binance is gonna pump our bags i don't know i don't know dude don't didn't they enable
our bags i don't know i don't know dude don't didn't they enable like our sick deposits at
one point too and we never i don't know i've always saw this thing as like oh they're enabling
deposits oh you're on the alpha but at this point it's like why do you want binance bro
like what is it really gonna do you know you know why they want to buy names but but we've seen
binance destroy charts even more like you know what know what I'm saying? It can't destroy the chart any more than it is, bro.
Yeah.
A little exit pop, my guy.
Yeah, that's what it has to be.
Because at this point, I mean, or it's really just for the pure ego of checking that off and gold starring yourself of we made it onto Binance.
Right?
Because if you sit here and you're like, what will that do?
Probably the same thing as bridging to Cardano.
Nothing. You know what will that do? Probably the same thing as bridging to Cardano. Nothing.
You know what I'm saying?
So, like, not to be an asshole,
but you got to realize why you're doing certain things
and if the mission is still there, right?
And the mission was, like, to become the number one Bitcoin token.
Not to just be the number one dog or token, right?
We're leaving out the Bitcoin part of all this shit.
And, I mean, we'll see if it plays out.
He's been begging for a year straight.
So at least kudos to him.
Go ahead, Sam.
Did you get your hand up, bro?
Yeah.
Did y'all ever discuss how the dude got hacked from Zoom?
Yeah.
I mean, I'm not going to get there.
There's a whole thread on it that he went into.
It is basically Zoom had this remote access on default on one.
And apparently he was on some call and it was a, you know,
he had his face off of it and basically had access to his ledger and all kinds
of shit, dude.
Actually pretty fucking nuts.
Yeah.
I read the post-mortem on his and his is not making sense on the, I mean,
obviously not to not making sense, not in a negative way.
It's just not for us to learn, right, of how they access his ledger.
Because I read everything else, the Zoom call, the this, the that, but the physical device input, I mean, you can't bypass that.
I mean, I don't even know, I don't know.
Like, there's no way that you can physically bypass that. Like, this is a way bigger case than just Jake, if that even exists, you know? So I think that that's one of the bigger things that ultimately it's hard to figure out exactly how it happened. And, oh, did I ever write this down? Did I ever share this? And everyone's, no, no, never, never. I would never do that. But I mean, something happened, you know?
So that's the harder part.
And I think ultimately what I'm looking to try to find out is how that happened with his ledger.
Because that is, once again, that should not happen no matter what.
I agree, dude.
That is, when I saw the ledger attack, I'm like, how?
How do they get inside a ledger, dude?
Did he have like ledger live running on the PC that got compromised when he clicked the buttons?
Maybe I have no clue, dude.
It's just it's an interesting story.
And I think we'll probably and he's pretty transparent on he wants people to learn.
I think, you know, in a few weeks he's working with somebody.
We'll probably get like a full case study of what actually happened with all this shit.
So I do think there might have been some flaws in his his security.
I mean, the same thing with Hawk, right? Hawk said that he lost his wallets, his security. I mean, the same thing with, uh, Hawk, right? Hawk said that
he lost his wallets, his EVM wallets. And Hawk is someone, I mean, you want to talk about wallet
proficiency and efficiency. He's a professional airdrop farmer, right? All he does is no wallet,
wallet management and interactions. And, you know, in that sense, uh, he is, he's trying to do the
post-mortem as well.
And his kind of biggest takeaway was that ultimately he doesn't even know how this happens because he was at a conference.
He just happened to so be at a conference the entire time, like no access to phone, computer, anything like that.
or anything like that and you know leaves conference i think it was like at 6 p.m and then
And, you know, leaves conference. I think it was like at 6 p.m.
you know dinner etc etc goes to sleep and hack occurs like 1 at 1 a.m overnight as if someone
knew he was there or something like that and you know almost like a staged social engineering thing
so just be careful out there because that's the thing it's not to to grave dance it's not to
oh i feel for you because i mean that goes thank
you but it's it's for us to learn because we don't want to be there too you know and i know that
sounds a little selfish and most of the time they're they're going through post-mortem and
all that shit but hey i mean it's selfishly uh let me learn from you so i don't end up in the
same position you know yeah i think it's a pretty sophisticated thing so i do think it's going to take a few weeks to kind of get down and learn every aspect
of how this all happens so he's out of the jake man i hope he you know he can recover from this
it's i've been in it been there before it sucks but uh and seal hawk uh the seal was the one that
all those ombs got floored i don't know if anyone saw that too co lost 11 ombs uh some room 44
some fucking just a bunch of assets right so yeah did you see radium launch their uh launch labs
platform today or apparently it's live there's a token already trading on it so we remember when
pump fun you know pump swap came out and radium token went to fucking zero because now they're not migrating the Radium.
And they're like, oh, we're coming out with our own PumpFun competitor.
It's going to be LaunchLabs.
Apparently it's live.
This guy named GrinchDiver basically kind of covered it a little bit.
I saw EZ posted that there is a token called Time.
It's the first token traded on there.
At the time he posted it, it was around 1.9 million.
So I don't know if anybody's actually participated on this platform,
but it seems to be some kind of interesting things on it.
A portion of all the fees from the trading will go back to the user of the platform.
If you share and refer new users, you can receive a percentage of the swap volume and airdrop to your wallet.
Token creation will have a simple menu or advanced options. In advanced options, you can customize everything
from whether the quote token is sold or USDC to the token supply, what percentage of the tokens
are locked, how many tokens are being sold, and the amount of sold to be raised, and then vesting
and clip options for token locks. So kind of interesting. They're giving more like utility to the token
so that the devs or the creators
don't have to sell the token to make profit,
which will probably make a healthier,
I guess, token in general.
So I don't know.
It launched today.
Obviously the first token on every chain,
there's an opportunity there.
This token's called Time.
Maybe you go look into it and could be, you know, a cook.
You know, we've seen this happen over and over again.
The first token on a new chain always goes up in value in like the first few hours.
So that's going on also.
And then Keyboard Monkey Yeet is live and everybody's fucking participating on there.
Apparently, they're all, you know, Keyboard Monkey's out.
Airdrop season coming.
Leaderboards are heating up.
So I do think you have to be at the top of the leaderboard to get this airdrop i saw a few marketing aspects this week of some guy depositing
10 bucks and winning like six thousand dollars so i don't know if anybody's playing but it does
seem if you need your airdrop you need to participate and actually be on the leaderboard
to get this airdrop this airdrop token for my understanding so those are a few things that i
found um go ahead chief uh just i going to pin up something to the top.
It's a movement that's going on in Bitcoin.
We had over the weekend that convention, right, that was held at Bitcoin, at MicroStrategy, Strategy 2.
It was when we had Donnie on the show last week he was explaining it's basically builders uh of similar caliber let's
just say a bunch of casey's and other like-minded devs with solutions or proposed solutions that
could help you know bring more activity on to bitcoin facilitate the miners kind of jobs
uh and ensure that their jobs are here right even in times of low activity and invulnerability so to speak uh they're trying to
push the same way that most uh bitcoin protocols are pushed which is consensus and kind of like i
would just say the the culture and guilt i mean not guilt cult aspect of it right so you can sign
and make a pledge with x first itself directly in the wallet saying that you support
the new fork, right? For basically CCTV slash OpCat. And just that you are one of the same
same way that they did with the BIP 420, right? For OpCat to be enabled. This is just through
actual Xverse and you're able to quote unquote commit money to the cause, which just adds a little bit more validity.
And you can work your way up the leaderboard as a supporter of this.
So you'll start to see people with a little fork in their names or maybe you have already started to see it on Bitcoin or on the timeline.
And that's why it's people just supporting this.
You got anything else chief i'll let you go out and then i'll just end with one thing and we'll close the showdown if no one else anything to talk about so yeah so um a couple things like
we talked about um on since we're on the bitcoin subject we brought up ego death i think a week or
two ago for you guys so y'all can check that out
uh more information is pinned up top april 18th platform is magic eden price is 0.0028 btc
we also brought you guys bangers that's coming in the next couple days as well
so you guys be on the lookout for that for season three same thing just been keeping you guys have been on the lookout for that for Season 3. Same thing, just been keeping you guys informed.
And you guys can check out a preview of them on Wayland or Digital Damages page.
And then information-wise, lastly, Mint.
For those of you guys that received some peanuts, the first Mint airdrop,
they got a little bit of salt for those nuts now.
And you can add more peanuts to that drop.
Feel free to claim part two up top.
I didn't get shit and probably wouldn't the second time.
And that's basically it, man.
We got a couple more projects that are on the horizon,
but we can bring those up later on in the week.
And yeah, that's basically it.
Just excited and waiting for this whole magic eating
and these next airdrops in these two days.
Yeah, I'm with you, brother.
I just have just a few things.
A crypto punk whale Wilcox could face six years in federal prison
for not reporting his $13 million sale on his 21-2022 income.
Bro, he sold like 60 punks.
Like, I know like a lot of motherfuckers out here
that didn't report everything might have been shit in their pants reading this.
I mean, like, let's just be honest.
If you weren't moving weight like this guy, I'm not saying that go do tax fraud.
But, you know, it is important to know homie was he flipped like 50 punks.
You know, he's flipping like a lot of volume.
Yeah, just, you know, tax day is here and just kind of something interesting to
to see um and then sec has officially closed this investigating the cyber kong so pump banana bitch
let's get back to ponies on uh on nfts so uh cyber kongs is officially closed this investigation so
i wouldn't be surprised if that that's actually a play bro i mean like in all honesty i wouldn't be surprised if that's actually a play, bro. I mean, in all honesty, I wouldn't be surprised.
I mean, they have, in a sense, a pretty fat treasury.
They have top-tier devs, right?
And they always have.
They've been innovating.
Most of their stuff is all private for Kongs themselves, for Gen Kongs and babies inside their Discord.
But yeah, I wouldn't be surprised if they come out with some now and they even fuck around on these new chains,
right?
They already have assets on Ronin,
going down the gaming route.
So maybe Monad or,
or abstract on doubling down on gaming.
I don't know,
but I wouldn't be surprised.
Yeah.
I mean,
also decentralized.
Yes.
Yes.
Pump that so hard.
I saw that because then,
you know,
it's obviously a fantasy story
and uh everybody loves to reference it as like the great ponzi of 2021 people are making more
money than fucking doctors and you know i think it kind of put a kibosh in that kind of uh people
trying to replicate that and now that they're kind of uh got the wells notice uh and then now it's
off i maybe projects will go back to maybe trying to
figure that out again and try to do those ponzi's again and then the last thing came from cato
they're saying big changes are coming to cato connect we're going to be uh bringing a new case
study for yaps and stake cato refreshing ways uh away from boats so aligning is a huge part of
crypto for users who want to show their interest and loyalty to a project and for projects who want to be recognized and rewarded these exact people.
So to build on this connection, Yaps and Staked Kato will be coming signals of alignment.
You'll be able to assign both of them towards your favorite projects.
Assigning Yaps rewards you with boosted mindshare accumulation
in related to that specific project, Yapper's leaderboard. Assigned stake Kato rewards you
with a token reward share in relation to the project in our upcoming capital launchpad and
other use cases. More details to be released soon. Kato Genesis entities will add multiplier effects
for both boosts. This gives stake Kato holders an average to fee share for both the network and more generally
and or some specific projects of their choice.
It gives the option for projects for better spot, their most aligned community members
when it comes to rewards, and them to be able to focus solely on Mindshare and Mindshare
alignment rankings.
For pre-GDE Gap Related Boards boards the cato team will continue working on projects across the space and launch uh launches moving
uh more to how we partner with post tge's allowing more flexibility when it comes to project
timelines both the campaigns that they will run and their users and their tge so that's a little
update from them kind of aligning and bringing different use cases to the token and the nfts so
that was the last thing i had we appreciate you guys for stopping the daily alpha we host the
space tuesday through saturday from 10 15 to 12 depending on the conversation so we will be back
tomorrow and i'll leave it here for chief to end it you guys have a great rest of your day i'll see
you later appreciate everybody for coming out appreciate everybody for interacting like retweet all those
small little things that go a long way for us uh it's how we can continue to grow and get more
opportunities for the tda and for our community uh after the show's over there'll be a thread that
goes out it covers everything that we talked about to be used as a resource for you guys when you're
doing your own research any interaction and love on that also goes a long way. So appreciate you guys.
As we mentioned, Tuesday through Saturday, 1015 to about 12, 1230, just depending on the
conversation. It's TDA or Stay Poor. We'll catch you guys tomorrow. Y'all be safe and have a good one. Thank you.
