Thank you. Happy Saturday, guys.
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for stopping by the daily alpha on this memorial day weekend how we doing this morning chief we
doing all right man i guess other than spaces uh giving everybody a headache um yeah man it's it's
I think it's just the app.
You don't know what's working or not, you know?
So it's like I try to hop on, and then I can't scroll the timeline and show me old shit.
And then you go to the DMs, and they're cooked.
I was just very much so like, yo, this is when is this shit getting fixed?
So I did the update for anybody that's out there.
Make sure you do the update, too. see if that could potentially help you out but for right now i don't think anything is really working well uh in terms of notifications reminders any of that so
as x said any visibility helps but also make sure for yourself right uh double check if you're
expecting dms if you're expecting notifications or something like that just follow up is all 100 i saw this from x daily news this morning saying x has been having power out
this morning it could be related to a data center fire that broke out in x lease data center in
oregon so i don't know what that means uh but yeah that that's kind of what people are suggesting
going on there's kind of a uh i guess a leasing center for data and one of the buildings that
hosts the servers has overheated or someone set fire to it so i mean i mean there's a lot of
people that hate elon i mean they they set fire to Tesla car dealerships,
who says that these people aren't setting fire to the center to take down X, too.
So it could be more orchestrated than we think.
And then Elon actually came out today and says that he's coming back
and spending 24-7 to work and sleeping in conferences,
servers, and factory rooms for now on.
So I know that he's been pretty obligated with the whole government
thing and Doge. And he's basically saying that he's coming back. He says, I'm back to spending
24 seven at working and sleeping in conference servers and factory rooms. I must be super
focused on X and XAI and Tesla plus Starship launched next week. We have critical technologies
rolling out as evidenced by the X uptime issue this week.
Major operational improvements need to be made.
The failover redundancy should have worked but did not.
So he's understanding that him being away from his major things that he's built and kind of focusing more on the government has kind of led the things that he's had working uh astray and so it
looks like he's understanding what's going on here and he's uh you know he's back on he's back on the
case which i saw when he announced uh i think something this probably two weeks ago that he
said he's coming back to tesla that that raised the stock too so kind of good have the smartest
person in the world back uh focusing on the things that he built instead of focusing um
majority on just government issues.
So I thought that was kind of interesting to kind of see him kind of respond instantly to this.
It is kind of frustrating, though.
I mean, X is something that we all kind of rely on.
And the fact that DMs are cooked and posts are cooked, you don't know what's true and what's not true.
You don't know if people are hacked.
You don't know, like, if the post is real or not.
And it looked like Hyperliqu count got compromised today too i don't know if you saw that
i mean it's really hard to find stuff to talk about when you can't load recent posts but uh
hyper fnd account was compromised and hyperlitter blockchain is unaffected do not interact with any
links or tweets that was six six minutes. This is like a
screenshot from Ansem. And then 10 minutes before that, it says the following posts from the
Hyperliquid Foundation, the second round of Hyper Airdrop will be live for claims starting on 0730
UTC on May 31st. So I don't know if that was like a draft that they posted when there was compromise, because if I would hack,
wouldn't you want to post like an instant drainer?
So I know that we've been talking about season two rewards are coming.
Maybe that was not supposed to be leaked out and supposed to be coming on the
So it looks like that airdrop's coming sooner than people think.
I saw that they got hacked earlier.
Some people were talking about it and it just began i think
it was over last night actually is when it actually got hacked late last night and people
were just saying be careful so is there i think there's also like a mint going on hyper liquid
called the hypers i don't know if that was a hacked account but apparently there is some kind
of nft that's also minting on Hyperliquid today
called Hypers. And I would imagine that if it's minting today, it's probably some kind of
compromised fucking NFT or something, dude. So I don't even know what to believe anymore, but
Hyperliquid's all the rage, dude. So I can understand why people are trying to compromise
this account and trying to get people scammed while they're just now bridging over. People
are looking for new opportunities.
That kind of got compromised.
And now people are kind of leaving the soul trenches
and maybe leaving a little.
I saw abstract NFTs and coins were down.
So I think the ball of money is kind of rolling into Hyperliquid
and people are trying to figure out that.
And it makes sense that the scammers see that
and they're trying to make people that are
novice to the chain hacked and compromised their wallets and stuff. So I don't know, man. Hyperliquid
is great. It's a great perpetual trading platform, but I don't know if it's actually going to be
great for lots of people to use that chain in general. I don't know if you saw what Bread was talking about yesterday about how the TPS, the transactions per second are like seven hyperliquid EVM. And so this would make
like if the kind of the speed and velocity keeps going to EVM and more people come over there,
you're going to have swaps that cost like $100 per swap swap over here based off this tps man so
kind of seeing people say you know i saw uh lambo land was hinting at something called project x i see a lot of people mentioning hey we're gonna do meme coins over here you guys maybe do a little
more research and start realizing like if memes start popping up over here and everybody comes
over here are you going to be willing to swap like do a hundred dollar gas fee on hyper liquid if that's the case? So I was like, that's great.
It's getting a lot of hype because it's a great perpetual trading platform. But if you're
suggesting that we're going to full port and derivative everything that's been successful
in other chains over here, and it's going to be successful with seven TPS, we're going back to
like 2001 Ethereum days, especially if everybody's going to be over there
so I'm kind of bearish on if this is if people are starting launching meme coins over there like
I could understand maybe a dap but like I think they got like two or three but it's like what
you're saying though there's literally only like the two or three I think it's rub and uh okay
buddy or buddy something buddy me or something like that so they have a few but it's
not i mean i don't know not not to say it's a smaller community but it's a siloed smaller
new emerging community right the same thing of when how people saw ordinals when they were being
born and stuff like that right a group of maybe 500 to a thousand participants or builders and i mean i even think that's way
too much probably in the 500 range so that's the thing i mean when you start getting into this
scalability it's will it do this when it comes time to perform right and we even saw solana
crash with the with the trump kind of demand so i mean to a certain extent speed does matter
especially when it doesn't matter
when we're in, yo, I get 1000. And then you're trying to tell me that you get 1500. I mean,
I can, that's can't tell, right. But when it's that, like single digits or something in that
big of a margin, I think it'll definitely make a difference. And then on top of it,
like you said, it'll be a war for who's going to pay more to process the transaction do we have that appetite now that we've kind of gone to solana
and we've seen these sit you know we've gone layer twos now we have these sit transactions
i think that's a a major red flag uh anything like if you're gonna have a lot of volume and
you're gonna have a lot of people like you're gonna have a lot of volume and you're going to have a lot of people like you're going to have a lot of excitement on these meme coins and then you get over there and then now you're swapping a hundred
dollars and you know you guys all know like on ethereum if you don't get the transaction you
still burn that gas so it's like i think that that could create a big uh downward spiral once people
that haven't done their education actually realize this and they're starting to burn hundreds of 50 you know 150 you know 50 and then they don't even get the meme coin itself so
i'm all for the trading platform like fuck yeah keep that going that shit works flawlessly but
hyper evm meme coins fucking everybody coming over there you guys are going to be fucked over
with these gas fees and you guys know you guys don't have the appetite for that after playing on these l2s and solana now dude so
just do a little more education hyper liquid is all the rage i love the trading platform but
for the evm it's definitely ethereum 2001 over there guys like seven transactions per second
let's be honest that is that is not great so i would just invest in the hypeos i would continue
to use the trading platform get those airdrops but to start saying that we're going to replicate
everything successful on these l2s and solana over evm it's just not going to work if you do
the research so yeah i mean it is what it is uh but that's that's kind of how this space works
everybody just kind of rushes into things without doing research. So just kind of doing and understanding what EVM actually is, you guys can kind of weed
out what's actually true and what's not. And what you want to give attention, what you don't want
to give attention to. So let's get Cass up here since he is a hyper liquid bull. I mean, when I When I swap on Axiom, my Solana over to USDC, it's actually Arbitrum USDC.
So the hyperliquid rails that are built on Axiom is actually built on Arbitrum.
And so, yeah, it's kind of, you know, the EVM is brand new.
And I guess people are trying to build on top of that too.
What's up, Cash? What's up, bro?
Yeah, I just wanted to throw one thing in because you guys are absolutely right.
And I'm so tired right now because I was up all night trying to get one of my a million transactions to go through.
But they have the EVM in an alpha stage.
alpha stage and it says it in the the github docs that the purpose of the rollout is to have the evm
kind of in a like early development stage so they can figure out what they might need to upgrade and
how to ensure that it works with like the perp stack side that is kind of like in line on the
the full l1 platform um yeah so i think there's gonna be a lot of like just scam memes like i've already
seen so many fucking just cabal shills because it's just a bunch of coins being spun up and
fake communities trying to run up coins which you know if you want to get activity is cool but
like you said i think there's just easier ways to do it by joining the existing stuff that's already there like buddy hypeos etc
and chilling out i mean i saw a post yesterday you're an artist now are you dropping something
on hyper liquid that i need to be aware of my guy i i would definitely give that show when when the
time's ready if i have anything official that i launched but you know I'm a 3d artist the video editor I basically do just commission work right now and work with a lot of different
groups so you know if anybody needs content creation I'm always there for it
but yeah shout out to Lambo land for that and he's one you got to keep an eye
on I think he's got project X it's called is something he's working on and
if you guys paid attention to like blast and some of the other stuff he did,
he's had a lot of cool stuff with SocialFi.
So I think he's going to drop something pretty cool soon.
I mean, that's what I was kind of referring to.
Do you think that is even – if EVM is 7 TPS,
do you think that it can even be successful with the amount of demand
that's getting the attention it's going to get?
Like, just imagine if everybody that retweeted that post yesterday comes over and tries to buy the meme coin and it's a hundred dollar swap.
Do you think that I don't think it's a meme coin, bro?
It's a I think it's going to be a dap.
OK, well, that makes that.
That's why I kind of asked him in the DMs, like, is it a meme coin or a dap?
Because I'm bearish if it's a meme coin.
keeps talking about uh it's going to be attention based and you'll be able to monetize your attention
so i mean i'm pretty sure it'll stay right along the um kind of his mo right social fi and uh now
with this implementation of info fi and whatnot so i would take pacmoon and probably perfect what
was cooked over there at Pacmoon
Because I like Pacmoon was a meme coin so I guess
Yeah, they they paid people in the meme coin Pacmoon was a creator kind of
function of you know, like you're supposed to tip creators and
promote fucking marketing it was a I guess in-depth marketing campaign, but yeah They use the meme to pay people out but I don't think like that was the goal right it wasn't to just create a coin it
was more so can we incentivize creators to do XYZ can we get people to make content so I don't know
I saw it more so as that kind of experiment for him I guess we'll find out yeah I mean he's keep
I try to DM him he's in give he's keeping everything close to the chest. That's what a great marketer does, right? You got to keep it close to the chest.
There was some interesting news just in AI, since we're kind of on the Elon Musk thing, was Elon Musk in a CBNBC article says AI could run into power capacities in the middle of next year.
AI could run into power capacities in the middle of next year.
Basically, since AI is taking over, it's going to need more power.
And we don't actually have enough power infrastructure here to fund all this or build all this shit, superconductors and shit.
And he was basically suggesting that we could go into a point where we have like blackouts and stuff because we're going to have to determine what superconductor goes where.
Does it go to an AI power plant or does it actually go to residential housing?
Which I think is super interesting because this bill that's supposed to be
which is fucking jacking up our spending to 4 trillion as this like
superconductor funding in it to kind of build more power plants.
So we don't go through these blackouts.
So I don't know if that's what's going on with Twitter or whatever's going on
Twitter, but I thought that was interesting for him to kind of suggest that um
like we're gonna have some powder outages if we don't continue to build power plants to stain all
these people building ai because it needs energy and it needs a lot of energy and especially on
top of that too now you're gonna also have i mean with the adoption of what mining bitcoin and
nation states bidding you're now gonna have another competitor in this energy space, too.
Right. I mean, and then you also go into quantum computing, needing it.
And I don't know. I think that that's going to be the one thing that they have to now start kind of putting as a primary focus is how to tap into renewables.
Right. Or geo like power i mean it's not something that i thought of about but uh
yeah i mean everybody's launching ai and it's like i said all this needs superconductors and if we
don't have enough to go around you would imagine that you know people are gonna have to determine
where the power goes and so i do think we probably need to start kind of figuring that out and start
building this shit before it becomes an issue the last thing i want is people that are in poor housing
or something have their power turned off because some ai billion dollar company wants to use
superconductors to build the next fucking ai robot dude like that seems super unfair and shouldn't be
something that's actually going on in america um also sam altman uh wall street journal has some kind of device he's launching i've said
it's pinned up this is a mock version but on wall street journal there's an article about uh
johnny johnny ives and sam albin's open ai device that a lot of people have been speculating he's
going to be launching the product will be capable of being fully aware of users surroundings in life will be unobstructive able to rest on
one's pocket this is the what i what i well yesterday with you with arf was breaking us down
remember that i was talking about that little one that they want to do and he was saying that he
wants one of those agents but the thing about it is it's like that's ultimately going to be
feeding the data to sam altman but it's supposed to be a personalized
agent for i guess the normies right yeah that's what it kind of looks like a little like airpods
yeah like a little a puck or something or something or like a pendant or a pin that you
could put on and it basically tracks everything what everybody says and stuff which do you think
like people are gonna like you walk into a meeting and you set this down on the table?
And you've been you think people are like, uh, what the fuck?
Well, I mean that's what we that's kind of like the conversation that was yesterday
It's like you already have that with your phones to a certain extent that already occurs
So it's like I mean, it's just about normalizing the idea of AI and then just one devices with ai and hardware but i think ultimately it's just
going to matter whether it's a local model or not right and then being able to prove that it's just
going to be too much to actually sit there and prove and do that right so i don't know can't
really complain when you have your phone and i mean this whole idea of privacy has been kind of
skewed since the early 90s right so yeah i guess it's just the trust in Sam Altman, I guess, is what people I think are concerned about.
I mean, I think when we think of Apple, I think a lot of people are like, all right, whatever.
I mean, I just think it's just about the people that launch these things.
And then it's kind of the sentiment around these people of what people are concerned about.
Obviously, Sam Altman has WorldCoin and Orbs,
and obviously he's kind of fucked over the open foundation
and tried to create your private.
So he doesn't have a lot of good grace
with people in general in the AI community.
So him kind of launching this,
have people be more reluctant
to have this device sitting next to him
than say an Apple iPhone or something.
I see a lot of people kind of like,
I don't know about this one, but I mean, like you said, we already have this around us every day. And so it's just
like, where does the where do we draw the line? Like, it's kind of, we're at the point where we're
at no return, where all this stuff is going to be started integrating into our everyday lives.
And like this puck is just the first one, like Apple launcher, they're one, Elon will probably
launch his, the ray-ban glasses like
you have all these people launching and eventually you're not even going to know these things are
even attached to people in the future so they're just going to get smaller and smaller they're
going to be integrated into people's bodies eventually and it's going to be like it's just
like this is the worst it's ever going to be is kind of what i'm kind of suggesting so like now
it's a puck it's visible but in the future you're not even going to know this is on somebody because it's going to be integrated
underneath their skin. So I guess it's like a point of no return where privacy is no longer a
thing and AI is just going to take over and be able to scrape, you know, your thoughts, your words,
your surroundings, and just give people up to date, you know, analysis of what's actually going on. So
I don't know if that's scary
to you i guess it's scary when you talk about it but i guess we've already been kind of thrown into
it anyways and it's helping people you know create more content creating better scenarios
in people's lives and hopefully ai is here for good and not going to be taken advantage of and
i think that's what people are kind of scared with sam ultimate is that he's going to take
advantage of stuff and kind of create a dystopian future. But I guess that's why we have competitors. And that's why this,
he isn't like, this isn't a monopoly. It's all about perspective, right? Because I mean,
they said the same thing when internet came out. Oh, this is going to disrupt the way that people
search or use information, or this is going to disrupt the way that people
use catalogs to buy things, right? And ideally, yeah, it disrupted the
catalog business, but it didn't disrupt sales. It didn't disrupt buying assets, right? Not at the
store. It only enhanced it. So to a certain extent, certain things change just because of its tech,
right? But other things, it's the idea that one is the finality of the other, very few times does that actually happen, right?
It's typically, it's not phased out, right? It's, I mean, mail still exists till this day,
but email exists too, right? So you could have been a post office worker fearing for your life
forever, right? As soon as the internet came out and email started getting more popular in the 90s,
or at the end of the day, here we are 25, 30 years later, and I mean, it didn't phase out.
It just enhanced the ability of what the limitations were to the previous tech.
So, I don't know, I'm not scared.
I just think that you have to take a look at it in a different way and kind of be able
to see the different pros now and the different cons of the old way.
And I didn't even research Claude Ford at launch yesterday, too.
I heard a lot of people are excited about that new model.
I don't know what it does differently or whatever, but that came out.
So we're at a breakneck speed of all these models upgrading, doing different stuff.
We had the VO3 from Google launch this week where it's basically you can't tell the difference you
can text the prompt videos and make it look like it's you know triple a video from like paramount
shit so yeah we're at the quickening dude and like i said this is the worst it's ever going to get so
it's going to get very interesting in the next four to five years let's see where this actually
goes man so i think it'll be great i think it'll be great i do i think it'll be i think it'll be great it's just like we gotta
vote with our money with some of this stuff too we just can't be support the ones that are you know
trying to enhance humans and not trying to enslave humans i think that's where we do that's the only
power that we have at this point just voting with our dollars so i do think there will be some
attempts to kind of demoralize demoralize demoral of demoralize this and kind of create this kind of slave infrastructure in the future.
Mr. Pasternak is capitulating.
They've been basically the arbiter of things actually launching the Believe app.
And yesterday he decided like, oh, fuck this.
Anybody that can come on here can post anything.
Anybody that could come on here could post anything.
And it's probably going to be the start of griff season.
And it's probably going to be the start of Griff season.
One app that was getting a lot of attention that launched yesterday was called Swifey.
And it is a mobile dating app that uses a token.
I'm not telling you to buy the token, but I guess you guys need to be more concerned now with Believe App
and the internet capital markets fucking genre because now anybody can
launch on believe app and uh this one is called swifey it's a dating app to find love liquidity
or both there's apparently a token attached to it called like couple coin you basically just
connect up there and uh you swipe and there's a token that's associated with some of the stuff
and then the tokens used, it's burned.
And so, I don't know, dude.
Now you can, this app is available in the app store too, so you can download it.
It's just something that was the top engaging thing on Twitter in the past day.
And I was just kind of like concerned that now that there is kind of no arbiter here,
that you're going to start seeing a
lot of just shit that doesn't even make any sense getting a lot of attention you're going to see
narratives starting to be created because people have fat bags in this and so i'm not saying use
this download this but this makes me think like this app is probably uh going to start scamming
some people and these you know that's the main problem with a lot of this stuff is like these
tokens aren't actually worth a damn and it's basically there's no utility with the tokens
there's actually nothing involved with these tokens other than getting the tension so i don't
know if swifey actually does anything great but just beware that the believe app is now just
letting anybody come in there and fucking build whatever they want and these tokens don't really
do much um like who's going to use this app instead of, like, Tinder?
And then you use the coin and it burns?
Like, why would I even pay for the coin when I could actually go use an app
to actually find real people instead of fucking crypto people in India and shit?
I saw this was getting a lot of attention,
and I just wanted people to just beware.
Like, now that, you know, Pasternak isn't letting people and betting these people,
you're probably going to see a lot of grifts on the Believe app now. So I just want to bring that guys to your attention.
Kind of shitty. It's kind of a shitty way to roll it out, but he's trying to pump his token and
he's doing whatever possible. And like I said, these are just attention-based tokens. There
is no utility involved. So just be concerned with that. And then I guess next week is Bitcoin Vegas,
Chief. When are you going to that
yeah next week on monday monday you're starting on monday you're going all week yeah so i guess
there's just going to be a lot of announcements there for bitcoin in general yeah i think a lot
of people are waiting and maybe some new project unveils and stuff like that um i know i'm gonna
go try to check out all those cards right
like the bitcoin card the orange card and all that from gemini um and then uh liquidium i think
liquidium is probably going to be the biggest announcement over there at least in terms of like
ordinal side of things right uh and then just see the the showcases at nolcha and inscribing so
should be a good time man and kind of just see the sentiment
of the community and now with dog getting listed right beforehand any kind of doubters or anything
like that get a chance to see that it is possible especially with kraken building out the bitcoin
native rails so it opens up the door for billy mim pops stuff like that I saw Xverse about an hour ago
say, Rune Enjoyers, next week
So I don't know if Xverse is going to
integrate all these other chains into
Xverse. I know that's been popular lately
wallets integrating multiple chains.
They've also been hinting at possibly launching their own
token. So it looks like next
There is going to be an announcement from Xverse.
I'm not sure what they're going to do, but I would suggest it's probably going to be multi-chain
or maybe an announcement of some kind of token in the near future
because that's kind of the hot new meta these days.
So are you suspecting anything else?
I mean, a lot of people have been sitting on their hands and probably waiting for this conference.
We saw that this week with like AVAX and Solana that a lot of these projects wait till these conferences to launch anything have you
heard anything other than just like liquidity kind of murmurs of anything happening that we may be
aware of no i mean there's not really that many projects that's true if you think about it i mean
there's nothing really there's no real use case utility d, dApps, anything like that, right? I mean, you have Ducat, which is the stable coin.
You have Ortiz, which is a lending platform.
I mean, you have a bunch of these small ones, right?
Sparks building with Magic Eden.
So there's a lot of the same marketplaces, launchpads, and something like that.
But I can't see of any big news that
would change the tide for them right there's nothing that they needed to hold back on the
only ones that still have i would say product market fit are actually used every day ultimately
the marketplaces right uh that people alternate through uh magic has been kind of real shitty in
terms of just uh discovery of collections they're having some type of indexing issue or something.
So a lot of people are turning to SatFlow.
SatFlow is supposed to have a token, etc.
But you'll see Robert there.
I can't think of anything in terms of like major protocol announcements or even a protocol that's been cooking in silence.
and a protocol that's been cooking in silence.
I was on D-Bridge yesterday,
and I was swapping some abstract ETH over to Solana.
And I had it listed on Sol,
and then there was the Metamask Sol pair
that popped up for the wallet,
and it created a Solflare wallet for me in the metamask fucking browser dude so i don't know if that integration i know they've
been hinting at it happening and maybe this is the first time i've actually seen it but it looks like
that solana uh metamask wallet is live and i guess it uses soul flare um to do so i guess or maybe i'm
just fucking tripping but when i basically had the
soul pair uh connected it had a metamask metamask emblem there and it had the solana and i clicked
it and it put bring me to a metamask basically soul flare uh registration form to create my first
wallet uh using soul flare i guess it's enabling metamask or something like that i don't know if
you've seen that no i mean i i just have i don't use i'm not trying to use metamask for for soul or any of
that you know like i have a wallet set for specific chains and i think that's the best
practices and just safety too so you don't get cooked bro that one compromises all of your assets
you know i don't even use a better mask at all i i've sunsetted that 100 percent
um pinned up to the top a lot of people have been questioning and trying to figure out how exactly to get involved with virtuals.
We've talked about it here on the show.
Here's a thread that does a full breakdown for you guys and just how to participate, the different ways that you can stake and earn virtual virtual's tokens the virgin tokens right and then
you actually still need virtual in order to bid so it is not just oh grab virgin tokens that gets me
an allocation virgin tokens allows you in a sense let's just say raffle tickets and you still got to
put your own money up for the pre-sale. Okay, so just don't get confused
wasting all your money to stake
but then you don't have any money
to participate in the launches.
So it's a combination of the two.
So full guide up top for you guys,
anyone that's interested,
you do get a crossover from Kaido.
There is a couple different ways
that you can earn extra virgin points, right? But
primarily 20% of it comes from just staking virtuals itself, right? That's the biggest chunk.
And then everything else has a, well, there's a smaller daily active bonus that involves tweeters
and stuff like that, that are participating or people that grab their allocation and stake it.
So if you're staking your allocation
of these agents those are part of your daily active bonus and that yields you more points
that's what's up you said you staked like last or like the other day how many points do you get a
day do you have you checked today how much you got yeah i'm getting 420 points or so roughly a day
that's pretty good i've seen that as kind
of the average around 400 points what do you have like yeah that's an east staked and not doing
anything like crazy extra i i got into two launches yesterday or just in general and i've
staked all of that right because i mean it was like 20 bucks 30 bucks and all that bullshit
so i've staked all of that and i got an extra 12 bucks 12 virtual uh sorry 12 virgin points for that right for just
staking those agents and not selling them but there is a cool down period if you sell more than
10 so there's just rules and stipulations so people aren't just going out there and
non-stop dumping is this like, I really haven't heard of,
I guess cool down period is something, I guess a new term.
I've heard like self-shaming.
Like if you use a specific move,
you're then on a cool down for 30 seconds
and you can't use that move again.
I just see more, I see this as a successful
kind of way of launching tokens, man.
And I just kind of think that this is going to be copy and pasted on other chains and other launchpads.
Kind of seems like kind of an interesting way to create like a healthy ecosystem.
Like a lot of people complain about Cabal tokens and the fact that you can only use so many points and all that other stuff.
I can just see this being replicated and like like new launch pads kind of launching this model
I mean, this is just vesting schedules gamified bro. This is them taking oh the word vesting and cliff
That scares you. Oh, no, let's not do that. How about we do?
Sell cooldown and unlock like you know what i'm saying in reality these are the same terms
we're used to it's just making it to where it's enticing for the most people and you're like
you're not saying well these tokens are staked invested for the next 30 days it's like oh no
you're so shamed and so not necessarily a new concept it's just them making it degen friendly or to where you're not scared by these terms that in the past were associated with VCs, taboos and getting dumped on.
Right. At least this one you're like, oh, OK, not vesting.
OK, that's not too bad. It's not a token unlock.
And it's like, no, it is.
Hey, Jim. Sorry, this is in the gym.
I don't know if you mentioned this. John of GM. Hey, GM. Sorry, I'm just in the gym.
I don't know if you mentioned this.
I launched my token on virtual in December.
But there are certain OG tokens that are eligible for staking,
where if you stake an OG token, you also get virgin points.
So obvious shill, my token's one of them.
If you stake Splute on their platform,
and I think it has how many days over time that you stake it,
you get virgin points on top of the other methods of getting virgin points.
Because they want to, one of their game design theses is,
you know, keeping the oldest tokens relevant
to show that, like, you can grow a token over time.
So they incentivize that.
Which is something that, that like virtual in many ways is ahead of launch point in terms of our believe app in terms of
game design around token value i wouldn't be surprised if believe app just like straight
up copy and paste it which is fine i don't i mean i don't think anyone cares, but also the cooldown, like they're all variable.
So unlike the idea of most vesting schedules and unlocked, it's usually six months, 12 months or whatever, two years.
Eventually every token can have its own cooldown and unlock and warm up, which creates a lot of, like the less you know or the less you expect the higher our price can go and
so always creating those variables will make the economy work because people don't actually want
certainty in this market they want surprises and they want like a reality show more than they want
uh like people in crypto think they want to make money and i think obviously there are core who do
but if you just care about money there's a lot of things you could do there not in crypto that
you can make a lot of money on so what you really want is you want a storyline you want a drama you
want to be invested in something through that drama and that storyline and you want to be a
part of a group of people who are interacting with that season of the show um and i think virtuals understands that and their
edge against believe or any of these other apps is that you know i'm a u.s company we're filed
in the state of florida but virtual is you know an asia-based group and they may be able to do
things that i can't do and probably different things that Believe can't do because Believe is also in the U.S.
So, you know, obviously I'm biased,
but virtual is pretty smart about how they do stuff.
Eventually everything goes down.
That's just the nature of business,
but they try to keep it active.
And, you know, I've had opportunities to leave,
to take my token out of virtuals. I haven't done it. So, you know, I've had opportunities to leave to take my token out of virtuals.
I haven't done it. So, you know, makes sense.
That's one of those things that you kind of mentioned, too.
It's like the incentive for to keep the old tokens relevant. Right.
And not just all these new tokens.
Because it got to bring value of why you launched there versus just another launchpad.
Right. And so the fact that they're weighting it towards it i don't know helps you build a community in that sense because it's like
the launchpad isn't going to forget you for the new shiny thing even if you're not necessarily
you know producing or doing something like that you're not tossed to the side by them
like you toss yourself to the side by not producing well they'll toss you to the yeah
that exactly that they'll if you're not making anything they'll toss you to the side by not producing. Well, they'll toss you to the, yeah, exactly that.
If you're not making anything, they'll toss you to the side.
But, you know, they do check in.
They have a pretty large team.
So they'd be like, hey, Jonah, what are you working on?
Like where the path is loose?
And we'll have, you know, multiple calls.
I'll show them the software and the demo stuff that's not out yet.
And they'll be like, okay, like, you definitely qualify for the staking.
We're just going to enroll you here.
We're going to enroll you there.
I think the difference between Believe and Virtuals, and again, Believe has a great network,
probably even better than Virtuals when it comes to deal flow.
But Virtuals definitely does a lot of customer service on the back end.
It's not like they just ignore.
You know, we have a Cabal chat where every token holder on virtual
has like a network and they talk to each other.
There's a lot of collabs that do happen.
So, you know, I think virtual just doesn't put it
in front of your face on Twitter,
but that's kind of why people keep going back to virtuals.
Kind of reminds me of when we were doing
the whole airdrop farming with like Celestia and Zai and all this stuff where you stake their native token and you got airdrops for other tokens.
And like, I think it's a great token model.
But guys, this only works in a bull market.
Like you locking up your other tokens, staking more tokens, these vesting schedules, it all is a giant unwind when we start going, when the market starts capitulating.
So I do think this works.
I think virtuals knows that, by the way.
I think that's the thing that's really smart
from a launchpad is if they know that.
If they're like oblivious to that
and think it goes up forever,
I think believe has to learn
is it's not like you set standards
and that works for like 10 years.
Basically, you have to set a new model, the new standards every six months
and treat it like a live service game.
Because every six months, everything's going to change.
And that's why I just want to be like, this is the hot new thing right now.
And I just want you guys to be wary.
Don't think like, oh, I'm going to stake this token for the next six months and i'm gonna get this like it once the market changes guys like this whole
dynamic changes and i don't know what you guys i mean saying real quick to start to cut you off but
when you go for those of you that want to participate the first thing it asks you is
how long you want to stake your right four weeks i think it's then um 12 weeks and then it just progressively goes right
so don't go i mean if this is new and novel and hot this is a i would say uh 50 life is at least
gone out of this play modestly right or maybe even more so don't go out there and go oh i'm
gonna lock up my virtuals till august that's probably not the best move for you, right? You can maybe lock it up for a month.
I think you might get a month out of this meta, potentially getting your money back,
or at least not losing your money. But if you lock it up past that period to where you can't
touch it and this meta dies, oh, you're done for. You're literally done for, right? So just please
be careful because we're showing you guys guides.
We've talked about other people are talking about opportunity. But the very first question it asks
you is how long are you going to stake for? And ultimately, the bigger you go, the more you get to
play with a virgin points you can get every day. But at the end of the day, the virgin points are
also dependent on the launches. So being heavily allocated virgin points and no quality agents coming out just means that your money is there locked up and then permanent loss is happening.
So think about it, right?
I would play a little bit more on the safer side, still earn your points.
But I went with four weeks instead of 12 or or fucking i think like six months or some shit like
that it's four weeks the minimum yeah okay because i mean you have two factors here you have the
market uh totally capitulating and a total unwind but also something that's probably going to happen
a lot faster than the market decline is it this being over far. And so the X is only come because people weren't aware of it.
Like the very first one, which was the axle rod finance,
what we talked about last Saturday was like 112 X.
And then you had the next one was Airbus was the 69 X.
And then you had virgins, which has been like a pretty good X multiplier.
But once people start learning about this, the X is reduced.
And then your margin points
are basically worth nothing. So on top of, you know, the market possibly fucking you over just
this becoming more attractive opportunity and it over farmed could also create, you know,
impermanent loss also. So just be very cautious, take the minimum amounts, be in and out. Don't
think like this is going to last for the next like six or seven months. Even if the market stays up, I still can kind of see this in the next maybe
three weeks where the returns aren't there and there's a new opportunity where you're going to
want your money elsewhere. So yeah, man, just don't want to keep you guys being aware. I do
think this definitely has some more legs to it. I'm not telling you not to get involved,
but I just want you guys to be aware of the risks when we are talking about this. This isn't like anything new and novel.
It's something that's hot right now, and a lot of people are making a lot of money.
So you show me the price, I'll show you the narrative.
And right now the narrative is hot and the opportunities are ripe.
But that eventually, everybody will see that and will get over farmed.
And then the opportunity moves and then your tokens are locked up.
And then you can't participate in the next golden opportunity of this.
So I just wanted to bring that up.
I think it's just, you know,
we have to bring up this stuff when we talk about it.
We're not trying to say this is a risk-free investment at all.
So I just wanted to bring that up to you guys.
Chief, you got some stuff you want to bring up?
Like this morning was super hard to come up with a lot of shit
just because the posts weren't posting
and stuff wasn't updating.
I don't know if you had anything in your bookmarks, anything you wanted to bring up that maybe we didn't talk about on the show yesterday or this morning.
Yeah, the virtual guide is pinned up to the top for you guys that do want to get involved.
The newest campaign on Abstract, the Formula One, right?
You pull up the Abstract page and right there front and center, uh, you
have the opportunity to participate. Um, I suggest everyone do so, right? Not only is there a flash
badge, but it is a entry slash raffle system on their own, then through gate. And then you also
have the abstract side of things layered on top of it. So kind of a
combo farm. Two of the tickets per day are free, and the other two are five bucks a piece, right?
If you pay for the five dollar ones, you have the option to either get a silver or a gold pack,
and they're all separate. I'd say full set collectibles, right? There's a full set of all
the basics. There's a full set of silvers. There's a full set of golds. Then there's a full set of
master set, right? You completed all of them. So just different ways. I got a chart pinned up to
the top for you. In total, 24 different collectibles. It is six nfts across four days all the information is
pinned there with the artists they also use full information about what the prizes are in the prize
pool as well as odds so go check it out i mean i've been going every day spending my 10 bucks or so uh and go um it's five dollars per ticket if you choose
to participate in the paid ones uh right now the gold which is the rarest ticket output is roughly
fetching about 16 bucks so a little little 3x um if you're looking to just mint and flip or if you
you know that that makes a difference in your life.
But yeah, go check that out.
It's on abstract right now.
And then this really opened the door for, you know, I mean, at least for me, I never thought that this would almost be like a banner, right, for ad space on the kind of abstract
We've seen it be used to highlight obviously projects, protocols, etc.
But this is kind of above that and almost similar to like a banner ad, right? A strategic partnership
slash banner ad. So it's cool to see that they can offer that and kind of market that as a, hey,
this is the top of the funnel, right? Everyone comes to the discover page to either find streamers to find
what's going on what's hot for the week and so i can definitely see that being utilized and sold
and marketed and you know to other companies and protocols in the future what's up you got any bear news? I mean... Posting up to... I mean, we're going.
On-Chain Heroes Season 2 launches as well next week.
This is something that a lot of people have been waiting for, right?
I think it's been a little bit over a month since the completion of Season 1.
This is what really solidified Abstract as a mainstay in, one, the gaming ecosystem and ROM, and then just two, that you could play these kind of on-chain games again, right?
I don't think we'd seen a really good one in almost a year or so.
So, shout out to Scarley and crew.
On-Chain Heroes Season 2.
This is going to involve the weapons from the Gachapon as well as the hero individual
Be on the lookout for that if you guys
This is what kicked off the
that we saw then come with
Gigaverse and just everything so
It's cool to see them coming frankly go after
you're done yeah i know i was about to say and then you also got frankie go coming out next week
too uh we mentioned that a little bit yesterday on the show but we'll have them swing through next
week once the game's live because that way after they speak about it there's the option and you
guys can go out and play right so it's kind of pointless to advertise something that oh look
this is something you don't have access to right so we'll have some tickets available uh to actually
give away out on the show and we'll get to learn a little bit more about how the game works just
the betting components and everything next week but i'm going to post that up too so it's going
to be a big week next week for abstract uh at least in terms of just this gaming side of things.
And so if you guys are interested or thinking you're too late to the Abstract train, I know we saw this big influx of people come over over these last two weeks due to the memes.
And it was just mainly memes and a little bit of the NFT side with Dremelios.
Now we're going to get the user engaged uh round
two come through right oh i'm playing a game or check out my pnl or look i'm having fun and
streaming so a different kind of uh round two or a second wind i think will be coming to the
abstract ecosystem and that'll probably raise and rise all ships so i know that there's been
a little bit of dip on jimel there's been a little bit of dip on
dremelios there's a little bit of dip on some of the assets it wouldn't be a bad week in my opinion
to position myself early if memes are your thing go pick up some memes uh if games are your thing
whatever it is because i think it's going to be a big week when's monsters.fun start rolling out
jonah do anybody know about that game
but that was something to be honest like i know about it but to be honest i i've been too busy
with building frankie go and this other thing i thought that was going to be like rolled out
relatively after the mint so i'm just kind of waiting for that game because i hear a lot of
you know people talking about it a lot of people are invested in it so i was kind of interested in
when that goes goes like what, what up, Chris?
What's up, my brother? It's a long time, long time, long time.
Sir, you're hosting your own spaces now. Shout out to you.
Now you're the abstract guy.
Crazy, right? Crazy, right?
What's good with you? Give us some alpha on some abstract shit, bro.
There's a lot of things going on.
It's early to everything, to be honest.
I see people just fading it completely.
And then when I see a space, I just come in and tune in and see what they talk about.
And I saw y'all talk about...
I see Scarley, the goaded founder of Abstract.
Season 2 is coming for that.
They have Monster.fun is doing things.
They're going through a little weird period right now.
I don't even know what happened because I meant it and just kept trading
But they were flooding that, I guess, because of whitelist stuff.
I don't really care because it helped onboard a whole bunch of people.
So we got a lot of liquidity or more.
I mean, I've completely pivoted to the tickers because Luca's interview about how he wants to take memes next level completely resonated with me.
These tickers, some of these guys have real teams building things here and they have cool IP.
It just reminded me of NFTs.
Like when we look for NFfts what do we do
we go see who's behind it who's involved who's like interacting with the pages how much they're
trying to raise uh do they have a community like we're trying to figure out all the research right
it's the same shit with the tickers on abstract though that's what's a little different about
these trenches um because you can see Luca or the perfect example,
Jonah's helping Rex about like, it's a great IP.
And people are just doing things here.
Like there's a poly community.
Like the girls are strong on that one.
Like, so people are just picking things that they like
and forming the cults behind it.
Just how we've seen it on every chain,
the best things form cults and everyone, just how we've seen it. And on every chain, the best things form cults
and everyone's just bullposting it.
So like you can kind of, to me,
I've been here for over a hundred days
and like I'm in everything.
And the reason I think I'm doing well now,
like as far as on like socials
is because literally I'm like the avatar.
I'm uniting all the communities together early on so that we can try to just survive here.
And, you know, a lot of things, in my opinion, a lot of these things are going to go up 10 to 100 times from current prices.
You just have to be tapped in and see who's involved in stuff so that you can get in on the right things.
or even when you get the first runner right i think that that's one of those things too is that
Or even when you get the first runner, right?
these are like uh not to say small but these are small in comparison to other chains and when you
get that first real runner that that brings all eyes and all attention oh this hit 50 mil oh this
hit 100 mil or what's this what's going on right germelio started that and i think that that brought in a whole new freshman class
to you guys open men it sat anyone could have participated then you saw it run and so that was a
crypto twitter moment right and i think more and more crypto twitter moments where everyone has
their eyes on abstract and sees that an opportunity was there and easy to attain i think that that kind of
solidifies that ecosystem to attract more eyes right so well there's been a few onboarding
events the gemelio one that wasn't even the first one that's like the third or fourth onboarding
event that's happened here bitcoin bitcoin bitcoin was the first one where it actually
the when you were trying to bridge and swap, everybody couldn't bridge or swap
because everyone was trying to bridge and swap.
The people that were already abstract natives,
we just destroyed you guys.
Everybody that FOMO'd in, we made huge bags.
All you guys FOMO went into that shit.
The influencers, you know what they do.
They move on after they don't think they can control it
But the abstract people didn't forget.
There's cult communities being built around the big token.
I personally think everyone should go check it out.
Because Luka is like being a champion of it.
Like literally telling you.
Hey, you guys, I'm bullish on this.
So like if you're bullish on the penguins and everything they're doing,
like don't fade what he said.
He's giving us the alpha.
Like he gives you the alpha,
He literally backs what he says every single time.
You just got to believe in him.
and I believed in him for over a hundred plus days and it's fucking changed my
When are you going to start streaming?
I think I, I'm going to get my niche on crypto twitter i think the
audience is bigger here right now um you know i'm proliferating all this shit like my my spaces
every night or whenever i run them i title it the abstract super cycle so that people that want to
learn specifically about abstract know where to come Cause there's no other spaces. There is no other spaces about abstract.
I'm going to be the biggest person to onboard everyone at abstract.
And I've already been doing it.
So it was like, I like the team sees it.
Like tonight's probably going to be a special one.
I'm trying to get Finn to get Luke on the stage and he's going to try his
best to do it, but he's pretty sure they're going to do it.
Cause they love me. They love how i'm being a champion for their change
um so like obviously luca recently talked about how the tge is probably you know end of q3 q4
this and that can we just be a little bit critical of what might happen with after the tge happens
and the xp kind of reward actually dissipates like so this is how
i combat that i don't i'm not even farming xp bro i'm just trading like a regular trader on the
chain like you there's people here that suck at trading so they're gonna do the farming like
there's something here for everybody if you're a gamer they got games if you're a gambler they
got gambling games they got the tickers you can gamble on. If you want to stream, the number one streaming platform probably in the future,
because they're going to make sure they put people on. If you like NFTs, they got NFTs.
If you're here early enough for the NFTs, they're literally trying to bullpost them to the moon.
This is the bassy, azuki punk moment. No one's going to agree with me,
but that's what's happening right now. It's damn early what did everyone do you guys i don't know if you guys saw
but bassy and punks if you saw them i'm pretty sure you faded it people are seeing abstract
change because they're fading it because all the dumbasses in this space keep fighting it like the
big guys keep fighting it but you know i made it a mission that I'm just going to be the loudest voice on this shit, and it's working.
Like, I'm going on other people's faces and doing exactly this.
Like, I'm trying to onboard everyone while it's still, in my opinion, like, early.
It still feels like that.
Like, I've been here since day one.
People are joining every week in waves.
Like, like I said, Dream elio was the fourth event um
was there's something coming out next that might make someone i gotta remember the name but you
should frankie is being pushed by builders like jonah so like that has its own crowd like they
don't give a fuck about everything going on beneath it they're focused on building cool things so
there's a lane for everyone on abstract and if you think you're good at it like you can
literally like me i'm literally the walking proof i started spaces i don't host spaces at all i
became a space host four days ago now i'm the number one space host for abstract and every
night you're probably going to see my space have 100 plus every night like four days ago and why
because i aligned with fully with abstract and every one of them want to see me
win i feel that i feel that i feel that um so i guess the question is like i do agree that abstract
is going to be something in the next six to eight months that on board a lot of people there's a lot
of opportunity there's a lane for everyone but i think the thing that I am kind of interested in is like we saw, I'm just trying to make parallels
between what I've seen before is this NFT sector
and this DGN sector of crypto Twitter is very small
compared to the whole community of Web3 and all of crypto.
And so we saw this with Blast
where it was just all over the timeline.
Everybody talked about Blast and it was like,
I can't get away with it.
And then once the TGE happened, it was just like, oh, it was just NFT and the timeline everybody talked about blast and it was like i can't get away with it and then once the tg happened it was just like oh it was just nft and dj so what does abstract
have that's going to attract just like the extra 85 of people that are like big time traders and
and stuff like that that want to come over here and use because i really think it's kind of just
like the people that we know and a lot of people that have been in the NFT sector and concentrated
on this and it's a very small subsect so how is abstract going to after the TGE and after the
awards move on how are they going to onboard the extra 85% of people in crypto to use abstract
I mean by building cool stuff man uh the time for just bullshit hype and just pumping dumps
where everybody just pumps it to the moon sells it
and leaves that's done in my opinion like it's it's the next phase of just crypto in general
is evolving like uh people are starting to take it more serious like coinbase what they're gonna
be on the sp500 that's like big shit like now that things are people's eyes are opening up to what's going on here.
I think it's just going to be, that does it like after the TGE, like I'm going to be filthy rich probably.
So I don't ever have to leave abstract chain.
I can just keep onboarding for as long as I want to keep onboarding. As long as I think it's cool.
Like the Pudgy Penguins TGE, that came, it went all the way down and people were gloomy
doom posting look at it now like the shit's up again and they're doing well I think it's just
going to be the same way TGE is going to come people are going to sell their bags they're
going to complain because the chart is down and the team has already showed you that they can
overcome it the first time if you aren't bullish on these guys at this point, they're really proliferating this shit
At this point, I might as well go buy a Pudgy Penguin and change my PFP to be honest, because
I'm riding to the moon with these guys, because this is real.
My friends and stuff, they don't think this stuff is real
like but i'd be telling them like bros like it's real like look at my account like they still don't
believe it like uh and i'm just in so many communities like i don't sell everything people
think i just dump everything i diamond in so much i still got a bunch of nfts from three years ago
that i just will never sell like i like collecting things here i get it
in my brain i get it no one else does yet because the influencers are just saying you only had this
is the final time to make general generational wealth before blah blah blah blah blah but that's
wrong that's that's a lie think like that zoom out is real like i think in the next 10 years like
all the stuff we're doing now it's just pure
experimenting until it gets really serious and more real builders come to do that's why i tell
people it's like that it's the idea that if you think you got a hit right now and get so full you
can't move you don't expect to ever be sitting down at this table again and and that's the thing
like a lot of people move like that, right? It's,
oh, this is a great opportunity. You're right. So if it's that great, position yourself to be
able to take advantage of it today, tomorrow, in the future, that your name grows with the
opportunities available. And so it's just, I mean, I'm a big component and proponent in this,
you know, how you do things because you're right
It's like it's not the last time
It's just about sticking around and that's the one thing that we at least teach is that right sticking around like opportunities
Aplenty you waste all your money and you can't sit at the table anymore. You burn your name
Then that's I mean then it's over. That's the only time it's actually over
You know, that's the only time where's actually over you know that's the only
time where you got to come back or you can't come back other than that you're good as long as you
don't blow all your money right and you don't blow your name opportunity will come around i mean at
least for now in the the where we're at in this crypto idea and space and everything right maybe
in 10 years it might not be that easy but for, yeah. I think that there's still plenty of opportunity. You just got to be here for it.
fucking making plays like i've still been doing it for three years but i'm still doing it now more
so because i've been just grinding for three years i'm trying to relax more now like i made it like
i don't even have to go out and drive no more but it's like i'm trying to shake off the robot
shit now i'm just that's why i started doing the spaces i got free like all free time now i have
nothing else to do but hang out and try to onboard people to cool
shit and like i said i think this is the basey azuki punk moment but no one sees it like i even
made a post earlier like uh people uh there's a stigma on nft but it's because the founders they
raise all this money and it just takes forever for us to see something out of it. And, you know, people have small brains, a short attention span and just move on.
I think this IP shit that's going on, you know, founders can, real founders can drop a token, control the supply from the get go.
They don't have to raise from us if the product is good.
I know it sucks for them as far as revenue,
but then that'll make them be like even more like hungry.
Like, all right, we got X amount of supply.
Let's just get straight the building heads down.
And if people resonate with the product,
then they can go get a share of that product.
Like you can buy the ticker.
Like I'm so pilled you guys.
Like I never understood it until or i never
uh like i hated these memes because there's all the scammers and shit that control it but every
now and then i can spot a gym and i'll buy it because i just i know what i'm doing i've been
here but uh i see these soul guys every day their their titles are just like god damn the trenches
suck crypto sucks blah blah blah i'm like'm like, come to abstract, bro.
None of that bullshit is happening here.
It's the early movers control everything.
I'm like a pioneer of what's going on.
Do you use a certain trading bot? Do you just sit on deck screener all day?
So you don't even have to do that for the first 100 days.
There's only like seven tickers, bro.
If you wanted to buy one and just see where it goes,
that's all you had to do, to be honest.
It is evolving through each wave.
These guys are slamming stuff now, but it's still at low amounts.
These three bonds, a lot of them you can get in.
If you're looking at Moonshot, you can get in early enough.
Like how I pick them, I just look at them if it's funny,
and I'll go see if there's a Twitter around,
or I'll try to figure out as much info as I can before I toss a little bit
and then see where it goes.
Looter, there's something you can check out they uh it's a tg
bot to trade on the pre-bonds i think they're the only ones that are able to trade on the pre-bonds
so like uh i had to move to using it sometimes because uh when i'm trying to buy something that
people i guess i'm trying to pump because you know i'm a degen too i'll throw some shit to
see if these guys are gonna pump something quickly exit because you know i'm not shilling those things all the time but like
i am in the trenches trading like i got my main bags where i'm just gonna bull post a valhalla
until you know the super cycle ends or wherever we go and then uh i'm in the trenches bro slaughtering
these little kids because i was here first and they just got here and my side they don't got my
size now like they're trying to build up their parts i built up my part i will destroy these
kids every day and where you say pre-bond is there a launch pad that is on moonshot moonshot
they got moonshot buzzed out fun and there's one more and looter works on that um if you not not
the hard show but just because you asked i do have a link in my bio. If you want to, you know,
check it out, like use my link and explore literally when you open up the portal,
the abstract global wallet, the first thing you see is an explore tab.
Go explore you guys. See if there's something you like. Um,
there's just a lot of things you could do with low capital. Like,
like, um, what do you, and Chris, what do you see as kind of like,
like every chain's different.
What do you kind of see as like the average market cap,
Because a lot of people are going to be interested
and want to go and they're thinking,
If it gets to 10 million, I'm out.
Like what is kind of like,
like an average market cap these typically,
these coins on Abtrek get to?
So right now, that's the thing.
So right now, Abster's the number one ticker. think it's around 24 m i haven't looked yet um so for
four months coin all of us have been trying to like position ourselves to see which coin's gonna
go um newt was newt was number one for a while until abster flipped it a few weeks ago like a
month ago and ever since then
you know how narratives and thesis is people are just saying this is the mascot of abstract chain
there's no way it's not going to go down so now you got that cult that's just bull posting it
we haven't had a ticker reach 50m or 100m so we're just too we're like super early um a lot of us
that are playing the lower cap stuff of course we, we're trying to pre bond these things. And this is the alpha. So you don't get burned on pre bonds.
If you can get in on a, if you think it's a decent pre bond, you know, low risk that shit,
not financial advice, but, uh, it starts off at 4k and it needs to get to about 65 K before it,
uh, goes on to a radium pool or wherever they send it to um from there uh what
what my strategy has been is if i don't like if i you have to see certain like i said do some due
diligence like if you toss some money in hurry up and go see if there's a twitter who's talking
about it but because uh these coins can run from about 80 to 100k they top out at about 500 to 6k and then if it's a rug
you'll see that it's gonna rug the early people will just fucking fully dump you'll start seeing
4k 5k 6k at a time because they keep calling it bundled but it's just unfortunate like it only
needs about 20 20 to 25 people to bond something out if they got the money for it um i think
it's one e for two e to fully bond something out um so yeah like that's my strategy if you see
somebody feel something at the timeline not not not financial advice other than me then it's
probably gonna rug because people are trying to fucking get exit liquidity you're thinking oh
like look this is the thought process, I think.
People are on other chains. Bama's are slamming 20 bands at 10M tickers. Here, people are only
slamming about $1,000, but when you slam that $1,000, it creates a big-ass fucking wick because
there's no volume. It goes the reverse. If someone clips five bands, it's just going to send a fat-ass red chart down
and people think, oh, it's rugging.
So some of these things you can also wait
because the early people will clip on you,
but some of these projects are real.
That's why I keep saying,
you just got to go do the research really quick
because if it's a legit thing,
a legit dev, a legit founder,
it's probably going to do well mid to long term.
That's one of my favorite things here.
I don't have to look at the things every day.
Like I could toss some money in.
And if I did my proper research, I can toss money in and go to sleep on it, bro.
I know it's not going to go zero because if they're building a legit product, it's going
to capture the eyes of the abstract team.
the eyes of the abstract team you should not buy anything if uh because you see them follow but
You should not buy anything because you see them follow.
there uh it's been there was a big incident uh like a week or two ago with a rug and it involved
like a notable person uh i don't want to get into semantics of it but like it was whatever like
people are coin and shit every other day they made a big deal about it and but it made the team
move like all right we're gonna have to like you know be more careful
because if we like kind of vouch for something it's gonna send it to the moon people are gonna
slam their money and try to trade it and they don't want to have that big of an impact so like uh
they had a meeting the last couple days just going over like let's be a little more careful
um there before they interact or follow this This was the alpha from Finn last night.
He said before they follow these tickers, they try to reach out to the team and get an idea of what's going on.
They do some extreme betting because, like I said, they're looking for IPs.
It's a pudgy penguin universe.
You see on the board, there's like 20 penguins
they're cool with that they embrace that so people are like forming around forming cults
around their favorite characters like no one like no one knows but there's a penguin called gooner
uh the pudgy penguins have an official gooner page for that character. Pergy Pinguin.
They don't say Gooner, but it's called Pergy Pinguin.
Yeah, but we call it Gooner over here.
The Gooner chain, that's what people are calling it.
It's the Gooner chain, not a punty penguin chain.
So you talked about yesterday on your space how you held a bunch of NFTs and got a Pingu
Like I would imagine that a lot of these meme coins that start popping up on here are going to want to find real communities and start airdropping some of these tokens.
Give us a few of those under the radar.
Well, no one's done it yet.
Dremelio is going to be the first one to do an airdrop from one of these ticket communities.
So we're going to see that experiment.
But something that Jermilio is doing, the founder and the team, like if you pay per hand, the free airdrops are going to blacklist you for the next drop.
So they don't want you to fucking nuke floors.
Because they already have one thing where everyone will say, but it's a derivative.
It's a derivative. So they already have a thing where everyone says, but it's a derivative. It's a derivative.
They already have a chip on their
shoulders, so they have to move
They're going to be the first...
Hypeos, I know. Was that the sixth derivative
Listen, though. Hypeos set
the blueprint. Now, anybody that's hype, you know, set the blueprint.
anybody that's a first mover on any new brand new chain,
if they align themselves with the community and the community aligns with
it's just going to happen on every new chain.
I will be looking out for that.
Every new chain that comes out for the next 10 years,
because I'm going to be a first mover every single time while the
influencers fund this shit. I'm going to be a first mover every single time while the InfraLew answers fuck this shit.
I'm going to be a bullposter.
I just don't see it as like a derivative anymore.
Like we've seen so many success stories,
retardio, fucking all this shit.
You can't use that anymore.
Someone called it as culture.
It's no longer derivative.
Someone said it last night.
When you think of the LA Vake Cabal, who do you think of bread guy frank face banks like it's they're
a part of like i hate to admit it but they are a part of the culture like they're the la vape
cabal will be remembered as some big guys moving markets and then scamming everybody but no one
anybody but that's the narrative when you think of the la vehicle ball they're scammers
they're all scammers that's the narrative so but they're a part of the culture they we got to watch
thread guy thread guy grow up right in front of us like he just got on spaces every single day
and now he's like a giant in his niche.
Like Frank, like kudos to him.
Like he got he created a movement, a culture.
And they're figures that people will remember forever,
Their names will be spoken of.
They're still around doing things.
But like, you know, that's just, it is, everything's just evolving.
Like the whole crypto sector in general
is still early in my opinion.
Like 10 years from now, like the team,
what's happening now, just imagine in 10 years
when people are fully peeled to crypto.
They're like, hell yeah, I want to come build there.
Like they're finally going to understand the tech. Like I explained it to my kid's mom the other day i was telling her about these shitters like
and i'm showing her like look look look at this this is crazy so she was trying to uh understand
so how do you get the money out like how do you get the magic internet money out and i had to
explain to her that you know there's swaps you can swap at to usdc the usdc is pegged to the us dollar so
you're getting an exchange one for one you just pay their whatever the little gas fee is and she
said oh that sounds really cool how come you've never told me about that part and i'm just like
because you probably want to take half of it bitch no i'm just joking go ahead go ahead
go ahead man you had your hand up. Oh, yeah, yeah.
So I was just going to say when you're asking about kind of market caps,
I think there's, what, maybe like two or three memes above $10 million.
Abster and Newt, and maybe there's one more.
And then I was going to say probably around the $800K to $1 mil range.
It seems like a super heavy resistance.
I know like Retspa has been kind of around $800K seems like a super heavy resistance um i know like retzba has been kind
of around 800k for like a few weeks i know chingu's been kind of battling one million for a
while they're probably down to like 650 right now um but yeah like it seems like uh you know 900k
everyone starts fucking clipping because they've just never psychological number bro yeah yeah i
think that one mil is like this is the top boys you know
whatever so that's how early we are but um yeah i mean uh there's probably maybe like five or
whatever memes between one and ten mil not not counting like bitcoin which i don't count as like
a meme meme it's like a you know funny utility whatever but um youauly's like around four mil or whatever.
And so, yeah, most of the stuff just kind of sits sub one mil for like a month or two, I guess, until people like fuck with the meme and trust the dev.
Gooner was under 200K for a couple of days.
The Solana boys came over and said, all right, this is the coin we're going to king make. All their friends are just deploying as much as they can into Gooner so that they can be like, yeah, we told y'all.
We went up 100 times on Gooner.
I'm dishing out plays every day.
People can go do their research, and I have a high successor.
I think I talked about every ticker on the chain and maybe two rugs.
And I own everything, so I can see when it rugs and stuff.
I think my scare is, like,
we saw the Solana motherfuckers go to AVAX
and then we saw it happen to AVAX.
I just, like, they just...
They trade that way. And so I'm kind of scared
as the more and more people come over here, you're just going to start getting
the people that grift on the chain,
the pump and dumpers on the chain.
It's just going to bring bad names to the studio watch for sure.
They're already here already, bro.
We've already had so many incidents,
Shit, they're calling me a grifter nowadays
because I'm destroying them in the bonds
and they see me on every coin.
And they was like, are you deploying these?
Like, no, bro, I'm just seeing shit.
I have a Discord where we chat about different victories.
You got to get in your groups and really buckle down and lock in that's all i've done and i may have
a first mover advantage because the wallets are massive if i buy something someone to see i haven't
sold a lot bro like i'm rich on paper or in magic internet money like because i think everything's
gonna go up to 100 times you need to i mean i this is what happens to me sometimes when you're early to something you feel
obligated to hold everything like you need to get over that fact and just take profit
even if let's say i got 10 coins in my wallet and they're all doing good i'm in so early
that it's already successful i'm up 100
times on like 10 different coins bro like it's just now i just have to wait for you guys to find
these coins and pump them to the moon or like i'm waiting for anson what is he gonna show is he gonna
show a coin that's here already i got everything so one of these coins i'm in at 40 to 50 4k to 10k
40 to 50k if they fucking pick a coin and send it to 50m i'm a millionaire off one of
these coins because i'm so early like this shit is crazy my guys like uh man i'm just starting to
realize like this is nothing against anybody in the space just in space in general we just
no one knows what's to buy they just need like a signal or a kol to tell them's to buy. They just need like a signal or a KOL to tell them what to buy. Can I show you something
real quick? I don't want to heart to.
It was Elon Musk. It was Elon Musk. We need Doge.
And then now like in the space
we all just copy what a fucking KOL
says and that's what pumps our bags.
No one has an original thought in this motherfucking space.
Nah, nah, nah, nah. I don't follow
a bitch. I don't care. Who the fuck?
You know. I'm saying the rest of the
space. Everybody just looks for someone to tell them what to buy. But that's the problem. When you follow motherfuckers, you don't care who the fuck you know I'm saying the rest of the space like this is everybody just
But that's the problem when you follow motherfuckers
You don't have the same bankroll as them or the same thesis. So when shit goes south
You're the one that's lost in the sauce not them. They knew why they invested
They knew how long they plan to hold they knew all of those parameters and that's the biggest difference here
all you want but when reality hits you don't know when that person got in and you don't know the size
of their bags right something to me sounds good something to you sounds like you didn't make any
money sounds like burger money right so at the end of the day how are we going to invest at the same
level when we're not playing with the same size? That's facts.
So I have to get better at posting things because we're bull posting.
I need to figure out how to tailor what I'm doing so it can be safer for everybody.
Because I could buy something at $40K.
You end up buying at $500K and it draws down 50%.
And now you're just like fuck i can
watch it go down 50 from the all-time high and it's like oh i'm still up 100 times like it doesn't
matter um i so as i grow i just i know i'm gonna have to figure out how i'm gonna shill less
but uh there'll be clues um but i just like i just see like it's never about what you do it's
always how you do it so it's like you can always bull post and always chill, you know
It's just like you said you're just finessing exactly how to do it because it's now you're starting to do it more often
So, I mean, it's just perfecting that bro
It's all just memes are our attention bro
So it's like when you say you're looking for an anthem post that's just gonna bring more attention to the coin
Which brings more liquidity? So it's just like what is really the what are we really trading? We're just
hoping people come buy our bags. And we hope a big influencer
tweets our shit. So we can make
yeah, for sure. 100% way in all in the pump, my bag. But like,
I'm actually enjoying the products here in the
communities. I mean, you know, I've always supported
builders since I've been here. So like,
well, what's some of the what's some of the stuff that you like
other than the meme coins on abstract? What are some of the
I've been playing the gotcha scratch cards.
It's a little gambling thing.
You can put in some money.
I was about to ask you to be on anything on these things.
I saw that Moody racing thing looks fire as shit.
If you're like gotcha, y'all are going to fucking love the next shit that's coming out.
Because that's not even a shit well that's like burning money they got little things now that you can check out uh i'm sure
it'll evolve i see uh i don't know how now i've seen cougars working i'm dropping a mini clip
style arcade in the next couple weeks it's gonna going to be a banger. Nah, that's going to fucking hit. Like Heli Attack 2, Kitten Cannon.
You know, just all the fucking OG games from like 15 years old.
The only OG game on Mini Clip is Bush Shootout.
If someone can recreate Bush Shootout, that is the best game ever.
You had the big-headed Bush busting through with the Uzis.
I got a sweatshop of devs working on it.
You need to recreate Twisted Metal on Abstract on abstract guys that's my favorite game do you
have any uh tickers quants in espresso on abstract like are you guys even in the trenches yet
i have a few tickers don't like to talk about them just because i don't know much about i'm
a streamer over there so i stream on there and i have a few nfts um not much exposure not as much
as your ass i'm like i'm spread across like five or six chains but i have a few NFTs. Not much exposure, not as much as your ass. I'm like, I'm spread across like five or six chains,
but I have a little bit, not a lot,
you just talked about a few of them,
but I just don't like to talk about it
because I don't really know much about it.
I'm just going to ask this.
I'm not going to say the ticket.
Did you get the one I'm Extreme Bull posting?
Oh my God. I wish you had to look at that one. All rightuneScape one. The RuneScape one. Oh, my God.
I wish I had to look at that one.
I'm not trying to get anyone to FOMO, but it's early.
And like I said, I've been giving people early plays.
This one has no scammers, no cabals, no calls.
Me and my friends have been just buying it.
We were in the pre-bonds, and it resonated with us much like that i'm just literally tagging people one by one you guys were gonna be by the way i was
gonna say i was gonna tag you guys in the tda like yo you guys need to check this out on the
next space um i think it's uh we're i saw the whole hundred days while i'm trading these tickers
you know i'm getting the flow for how everything feels.
It's a feelings thing, me watching the charts pump all the way up, pump all the way down.
I've been here so long by myself because not even my Discord was listening to me.
They're all fighting in the Discord right now about their bags being down.
They're not making money.
I'm just like, you motherfuckers.
You didn't listen this whole time. I don't know what y'all are doing did you not see me just
going all in on this shit and having success you got like i'll end it up on uh i'm a top 10 crypto
mind share on that cookie dow app like i'm up there with anton michael cellar all these
motherfuckers like is no one seeing how i'm just propelling to the top like my friends don't even
I'm just like, you guys, it's still so early.
This MetaCoin I've just been bullposting is just rug proof.
It's just a matter of gaining mind share now.
I've been in DM, my friends, we're the top creators on Abstract.
We're in the Discord trying to onboard people to the things
we like they're coming to us i was like yo we know you've been here for a while talk to us what
coins do you like give us a little backstory who's the team and you know we're we're bull
posting our bags to people that want to come and buy stuff they just don't know what to buy um
i think that's what's going to happen and like i said the volume so low
like you can scout a coin for a week if you want seven days straight and just see how the price
movement movement is and if you feel comfortable you can just size in and you can go to sleep at
night knowing that that shit's not gonna go to zero you can wake up and see what the new updates
are shit you can become a champion of the coin and start like bull posting to your friends because there's going to
be a moment where the liquidity is so crazy that uh there's just gonna it's gonna be easy to move
these tickets from 500k up to 20 30 mil in one day all this shit's gonna happen so fast that's
why i've been titling my space the abstract super cycle we're really in i'm in it
like fully in like you know how barry has a speed force i got the abstract chain like i'm in this
living in every moment i've even called my i even call myself the abstract chain historian
i've documented something new on the chain for 100 plus days and like no one else has done that like
uh they're gonna remember me on this i on this. I'm leaving the legacy here.
The scammers ain't coming to take shit from me.
I can go band for band with them now.
I know where I can find you.
If I get rugged, then I'm just going to blame everything on Chris.
If I blame everything on Ransom and Frank.
We're just going to blame Chris. I'll like on ransom and frank you're just we're just going to blame chris hey i'll take it to your land my god i'll take it to the chain bro because i know i'm not
doing it in the wrong way i want people to win with me and people are winning with me like
we're all positioned for you guys to come in and buy our bags and there's nothing anybody could do
about it you cannot come to this chain and pick something and send it to the moon without me
being involved in it now because i'm taking complete minds here like i've even stopped the scammers like fuck that if i see
the scam i'll be warning people like man don't touch that shit like look how they farming y'all
like i really i really put a stop to the shit this is the consumer chain this is the gamer chain not
a scammer chain they're here they hate me they and i'm in the whale chats with them because i own
every fucking bag they be talking shit about me in every whale chats with them because I own every fucking bag. They be talking
shit about me in every whale chat, but like,
what can they do? I'm a whale. Y'all fuck with me.
I will nuke your bag straight to fucking
zero. Like, that's the power of
a kid. I accumulated that
power over here. Chris is like
the fucking liquidity provider
piss him off and he sells all his abstract bags,
it's going to be like, uh,
Sue. Bro, it's a brand risk at this
point. Like, if he gets... If Luka pisses this guy
off, he's gonna nuke the whole fucking chain and turn it
into the fucking rug chain, dude. I'll never
turn against Luka. He gave me free money
Well, he needs to get you a penguin.
That's what he needs to get you.
They should make me an honorary, bro.
That'll be fucking legendary.
I don't want to show my space, but because I'm here,
I might have Luke in that time.
They had a marketing with us for two hours chopping it up.
And I just put the ball in this.
I said, yo, get Luke on this space tomorrow.
He said, well, yeah, we have a big meeting with the team.
I'm going to talk to them.
So, you know, we'll see what happens.
And, you know, in my last night, Finn didn't even care.
They're buying these tickets and stuff because they believe in what's going on.
So they have to participate.
They can't vouch for some of these things if they don't also have their money involved with it so like is everyone's like it's just everyone's working together here and that's what
i enjoy instead of everyone going against each other tony you got something to say before we uh
the show's almost over so go ahead if you want to end it i'm wrapping it up no i was just saying
that uh i heard you guys talking about the meme stuff a little earlier and just like all the stuff
going on abstract and i just feel like a lot of it comes down
to timing you know what I mean because like
after everybody came out of the
solo trenches beaten and bruised
nobody really wants to fuck
with memes you know what I mean because it was so like
and so just publicly toxic
that like now that we have these other chains that are like
launching memes and stuff like it's a it's kind of a more organic approach that we have going on you know what i mean it's
just cool to see like memes grow organically instead of oh shit it's been 10 minutes and i
missed the 30 million runner fuck it i'm gonna top blast and now i get rugged you know what i
mean and it just like repeats and the cycle repeats and i think that like well what chris
and all these other guys are doing on abstract is just dope because we haven't been seeing that you know what i mean so like it's been 100 days
like you said and you still feel early so it's just cool i single-handedly change the trench
lifestyle like i'm tired they're calling me out because i'm early to these pre-bonds and i slam
it so i can have supply he has so much supply they're bundling you idiots i'm just trying to
make it so that you guys don't rug it like i write a lot of these things zero because it's so early i'm so early in it like
because it's zero i don't even care because the wallet is massive now like like we ain't even
tripping if we go to zero but that's why i got to be careful because if people lose money on some
i'm like you know talking about then you know they'll come and crucify me yup and i i have
seen people looking for other places to get out of solana people don't like you know they'll come and crucify me yep and i i have seen people looking for other places
to get out of solana people don't like you know just the trenches in general and i've seen them
move the abstract now they're looking at you know hyper liquid and shit and they just don't like
people are looking for new places to trade and i think if you guys can continue it up and continue
the momentum i i do think abstract the fact that it has you know the penguin exposure luca exposure
you guys bull posting i do think you know over the next five to six months i think a lot of people will eventually get some skin in
the game over there but uh zaddy you had your hand up and then uh we'll probably end it after
this bro so appreciate you guys coming up man go ahead zaddy cool cool yeah so um quick thing that
i don't think i don't think we've mentioned yet just for if people are trying to get into it um
like i don't think you're late to abstract means or anything but let's say you think you're you know too late for abstract or whatever whatever
um one strategy would be to try to buy and front run whatever you think solana people are gonna buy
um so like examples of that are like that runescape ticker i think is good and uh gunner
and uh they're they're just edgier and more offensive like think like retardio and stuff
like that so the stuff on abstract's a little soft you know it's like just like a blue penguin
a green penguin a pink penguin whatever um so soul people will buy whatever goes up but also
as far as what they actually enjoy they're gonna go with ridiculous kind of borderline offensive
stuff so that's just something to keep in mind if because you know we have some soul friends that
are big that are coming over like shrimp men, whatever, whatever.
But like whenever all the Solana boys come over, they're going to buy some maybe Retspa.
Retspa is a little crazier.
If people actually know the lore, like Retspa is like the evil penguin.
He's like jokes about killing all the other memes or whatever.
So, yeah, just keep that in mind.
Yeah, just keep that in mind.
If you're looking for a strategy,
you could potentially try to front-run some soul people
and just pick some slightly edgier tickers
and kind of stuff like that.
So you could either play the abstract trenches fully,
like what do I think is good for the abstract ecosystem,
or you could say what do I think people from other chains
are going to buy when they come over.
So that's one thing to think about.
Yeah, that's definitely good to think about.
Chris, I saw you unmuted.
You had something to say, my guy, before we end it?
I actually forgot. I lost it as soon as I
It's all good, bro, man. Appreciate you stopping by, man.
Long time no talk. Obviously, we've been friends
for a while. Big supporter of everything you've done
and shout out to you and all the accomplishments
and we appreciate Zaddy and Tone and everybody
else, Cass, everybody came up this week. We host a space
Tuesday through Saturday from 10-15-12.
We appreciate you guys. We love you guys guys we'll be in contact with you this weekend i'll leave it
here for chief to end it i'll talk to you guys then a couple plays uh first and foremost appreciate
everybody that came up appreciate chris uh all the other abstract people sharing some sauce
how to get involved what their thoughts are i know that tda has some whitelist for neat chibis so i'm going to post
that up top there's that and just kind of do a little small info dump on you guys before we roll
out uh something that is going on on the bitcoin side of things too ability to go on and in a
sense farm the oil wallet and the alkynes protocol. Those pandas are still sitting at roughly around 200 bucks
if you're trying to get one of the first assets
on the Bitcoin side of things.
And then this is a guide on how to interact
with the clock in protocol, right?
Which people are essentially using to farm the oil wallet
and just rack up points on the Alkine side of things, right?
So there's those two things ready and going.
And then more or less, yeah, I think we can wrap it up
and we'll catch you guys on Tuesday, right?
We do this Tuesday through Saturday, 10.15 to about 12, 12.30.
Just depends on the conversation.
After the show's over, a thread will go out.
It'll cover everything we talked about,
everything that we penned up to the top.
Just use it as a resource going forward.
And it's TDA or Stay Poor.
You guys be safe and have a good one.