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THE DAILY ALPHAβ»οΈ
Recorded: May 27, 2025 Duration: 1:45:40Space Recording
Short Summary
In a dynamic crypto landscape, significant partnerships and innovative project launches are reshaping the industry. Trump Media's $2.5 billion fundraising effort for a Bitcoin treasury and Ethereum's treasury strategy led by Joseph Lubin highlight the increasing institutional interest in crypto. Meanwhile, the NFT market sees a resurgence with Maple Story's impressive trading volume, and new protocols like Stay Loud are set to reward user engagement, signaling a vibrant future for blockchain technology.
Full Transcription
Thank you. you you you you
yo what up
what's up guys
what's up
how we doing
I was going to tell you
I had the topics
pinned up but
you good
alright
appreciate you guys
stopping by the daily
alpha we host space
Tuesday through Saturday
from 10 15 to 12
we got lots to talk about.
We got lots of announcements, a lot of stuff going on.
We have IKA coming, IKA.xyz from Sui coming by the show in about an hour
to discuss what they're doing, trying to get a lowdown of what's going on
Sui, or C, how do you even say it, Sui?
My bad.
And then just more things to talk about.
Obviously, there's a
big point conference going on that's where chief is this week a lot of the tda team people at
bitcoin in general are all at the big point conference so that is going to be exciting um
i think we have eric trump talking we have jd vance talking we have cynthia loomis talking
Trump talking. We have J.D. Vance talking. We have Cynthia Loomis talking. Lots of announcements
coming out of there. Ross will be here. Ross? I forgot about him. Yeah, you had Saylor talking
yesterday about the reserves. It's a lot of news driven week too, so it'll be nice.
I'll pin that up. It's Donald Trump Jr., Senator Jim Justice,ynthia loomis senator marsha blackburn uh black rock robert
machinic white house cryptozar david sacks and then we just mentioned the other ones too so
if you guys are down there i'm not there chief's there so if you guys want to connect with uh tda
and uh tda members uh hit chief up he could probably connect with you man it's gonna be
down there all week it's this's wild. I was hungry.
You know, I didn't really eat.
I don't really eat when we're here.
I don't eat like fast food or nothing.
But I was hungry.
I went to the food court, bro.
A burger and fries, $25.
I was like, I'm not fucking hungry no more.
Like, that's literally insulting.
It doesn't even matter if I won.
$25 for a burger, bro.
$13 for a water.
I'm like, yo, y'all are... I need to go to the poor people.
Where are those hotels at? You know, the $7 waters.
Because $13 is like killer, bro.
Yeah, I was at the Cardinals baseball game for the first time since COVID.
And it is just as bad there.
$13 beers, $14 waters,
and you wonder why no one goes to these games anymore, dude.
It's like, I could go stop at the gas station
right before Busch Stadium
and get a 60-pack of Budweiser's for fucking $30, guys.
Like, what are we talking about
with all these inflated prices?
And that's what they get.
They get you inside the Six Flags.
They get you inside the Busch Stadium.
And they know you can't go anywhere else,
so they just price gouge your ass.
But that's the way it is.
That's the way it is.
What up, Shotgun?
What up, brother?
How we doing?
Are you there?
What's good, brother?
How we doing?
Yo, I'm here.
My bad, my bad.
I was battling the mute button.
For some reason, that's big.
I hope you guys are doing well.
And no, man, no big deal. on my end uh i'll be real i've been really really locked in in the abstract trenches lately
so that's kind of like my new uh like thing that i'm simply enjoying right like doing research and
and looking after things but obviously keeping an eye everywhere bitcoin solana ethereum whatever
it is i don't care about chain i'm looking at everywhere and it's been a minute since i've been
here uh because i just kind of took a personal break on spaces but especially right now since
i'm not doing daily anymore uh i really want to make it a point to attend it here with you guys
because i know you both have been here for years and i
couldn't respect that more because as a daily like x daily uh space is also i know the grind i know
what it takes and yeah man just happy to be here with you guys dude we would love you to be up here
more often brother so our space is your space if you want to come up here contribute bring some
stuff from the abstract trenches brother feel free with. That's what we always ask for, you know, people that contribute.
You know, if you are getting into something, you know,
let us know about it because, you know, we're only as good as our community.
Like me and Chiefs can go do all the research, but we have blind spots.
We can't be everywhere.
So if you're someone we're not, we would appreciate, you know,
any kind of update or TLDR, what you're looking at, man.
So I do appreciate you coming up and you're obviously a vet.
So I don't need to tell you how to, you know, host a space or talk in a space, you know,
how to, you know, input yourself into the space since you've been hosting these for, you know,
three plus years with us. Yeah. And just, just on that note too, I mean, I think, I think people
really don't understand and look, man, if there's one thing you can test me and put food on the
table for people in this community, and I promise you, I'll do the same for you. And you can test me and put food on the table for people in this community. And I promised you,
I'll do the same for you. And you can test me in that. And I've been doing it for years. And we've been doing it for years. So like I said, I mean, contribute, just because you want to just because
you're trying to help the person next to you. And I promise you, it comes back 10 times, man.
A lot of people want to see the direct correlation of where it's coming. And I understand that too,
right? The need for for hey these are my tribe
these are my people there's some type of like security behind the fence but in reality that's
psychological right that's a fence that you want to put up in reality you just got to contribute
just because you want to contribute and then that's it and then life kind of balances itself
out so appreciate you coming up shotgun like i said i mean hopefully this feels like home right
because that's ideally the goal we got two brazilian brothers up here so i feel kind of uh out of the
loop here we got two guys from brazil and one guy from america so i'm outnumbered i'm outnumbered but
it's fine uh this morning like obviously there's tons of macro news and there's gonna be time real
quick i'm about to up in the elevator if i vanish. So just so you know. Yeah, I got you. I got you.
Obviously, there's going to be tons of news coming out of Bitcoin conference today.
And typically, the news comes out.
And a lot of the news actually comes out like two weeks after these conferences.
And then we have NFT NYC.
I think we have permissionless.
So conference season is heating up.
And this was deemed fake news yesterday.
But it turns out to be true. Trump Media
and Technology Group Corp announces it has entered into subscription agreement with approximately 50
institution investors for private placement offerings, totaling approximately $2.5 billion.
The offering includes approximately $1.5 billion in common stock and $1.1 billion in 0% convertible senior secure notes, with the proceeds extending for the creation of a Bitcoin treasury.
The company will use Crypto.com and Anchorage Digital for custody of its Bitcoin treasury, and the offering is expected to close around May 29, 2025.
Offering is expected to close around May 29, 2025.
So definitely looks like Trump Media Group is getting into the whole Michael Saylor kind of convertible nodes,
issuing debt and buying Bitcoin and crypto with it.
So this news came out earlier today, about two hours ago, and pumped the market.
A lot of people are excited that this is happening.
And I don't know.
I mean, just more people purchasing large amounts of Bitcoin make the price go up. And you would expect, you know, a lot more announcements this week coming from
Trump and co will be coming out this week. But I think this is the very first one. And you can say
whatever you want about Trump. You could have your political views on him. But hey, I'm more
concerned about bumping the Bitcoin price. And then, you know, once we get rich, we can start
making political donations to each party. But $2.5 billion going into crypto, that's unexpected money that's coming in.
And they'll probably pump our Bitcoin bag.
So I thought that was kind of big news today.
And he is not the only one that is trying to launch a micro strategy kind of thing.
Ethereum is now doing it with Joseph Lubin. And Joseph Lubin is the founder of thing. Ethereum is now doing it with Joseph Lubin.
And Joseph Lubin is the founder of Ethereum.
He is also the founder of ConsenSys.
And they are getting into a micro strategy of ETH.
And pretty big news, actually.
2.5 million in net new ETH buys.
ETH treasury strategy.
Blue money.
Gospel conviction.
Backed by ConsenS consensus and Joseph Levin.
The public vehicle is called SBIT, and it's on the NASDAQ.
Others will file ETH equals a reserve, world reserve asset.
So Sharpling Gaming announces $425 million, this is from the thing,
private placement to initial Ethereum treasury strategy. Sharplink contributes to
online performance-based marketing companies serving the U.S. sports betting and global
iGaming industry. Upon closing private placement, Sharplink will adopt Ethereum treasury strategy.
Joseph Lubin, the co-founder of ConsenSys and co-founder of Ethereum, will become the
chairman of the board of directors of the company affecting upon the closing of the
private placement.
And so you've seen MetaPlanet, you've seen MicroStrategy, you've seen a lot of these
people start issuing, you know, having Bitcoin as their treasury.
It looks like this gaming company called Sharp uh was it sharp link is now saying
fuck bitcoin we're gonna do ethereum in our treasury so now we're getting these kind of uh
diversifying um from just bitcoin and now to other altcoins and joseph luvin obviously the
co-founder of ethereum is now kind of launching his own with this company. So I think that's big news. When Bitcoin pumps, it's great.
But when Ethereum pumps Bitcoin right now up 4% on the day,
that makes everything go ballistic.
That makes NFTs go ballistic.
That makes all the EVM chins go ballistic.
So I love when Bitcoin pumps.
It's great.
And it makes the musical chairs turn quicker and quicker.
But when you have Ethereum pumping and Bitcoin dominance going down,
that's when kind of our bags start pumping.
And I saw this this morning.
And this is fucking bullish for all the crypto, I feel like.
So I saw that.
Did you see that, Chief?
He might just be unmuted because he's in the elevator.
But what do you think, Shotgun?
You think having more people getting into you know just
that bitcoin as kind of a uh strategic investment getting ethereum i think that kind of helps uh
more our bags because i think a lot of people are like bitcoin's at 111k but my bags are bad
my bags aren't pumping but i think when ethereum pumps that's when you start seeing our bags pump
and i think that's kind of been the biggest gripe lately it's like why are our bags gonna pump so
when ethereum pumps i feel like our bags pump go ahead shotgun think that's kind of been the biggest gripe lately. It's like, why are our bags going to pump? So when Ethereum pumps,
I feel like our bags pump.
Go ahead,
shotgun.
Dude.
And I was going to add like,
and that's in my opinion,
why abstract is so interesting right now,
because obviously,
you know,
it's a layer two in Ethereum and if you're going up,
obviously more liquidity going to flow into that ecosystem.
But especially because me over the last year,
overall, I'd be like mostly focused on meme coins and it gets to a point where solana is just so fast and you know everything is like
bumping and dumping within 30 seconds and it's like going to those ecosystems uh within ethereum
feels like a breath of fresh air because you can actually
like have time to do research on tickers and see what's the lore and what's going on and
who's behind it.
And, you know, you can actually make a more educated decision.
So I definitely agree with you that it's really, really exciting to see Ethereum getting
some love finally, right?
Because, you know, everything love but ethereum at some point
but yeah man i just feel like a lot of other ecosystems within ethereum are gonna be doing
great as well and definitely worth paying attention to yeah i mean consensus also is
involved with linea and also involved with metamask and. And so, you know, we get this MetaMask token eventually, dude.
So when MicroStrategy started buying BTC,
it was worth 200 to 300 billion.
Five years later, it was worth 2.2 trillion.
When SBIT, which is the company that's buying this Ethereum,
starts buying ETH, it is worth 200 and 300 billion
three years later, it will be worth trillions.
Don't mid-curve ETH.
The adoption curve is already playing out precisely.
So just nice to have some more buying pressure on Ethereum these days.
Go ahead, Chief.
I just pinned it up to the top.
I mean, I think that the interesting part about that is that the company itself was only trading at a $4 million market cap.
Right.
As an actual stock company.
4.6.
Right. Actually, ironically, 4.6, right?
Actually, ironically, 4.69.
And then now due to this surgence, right?
They managed to get 425 mil and now they're probably gonna be trading at anywhere,
you know, a two to three X evaluation of a company
just because of how much ETH they're gonna buy.
So I thought that was
the most interesting part because it's like you're seeing these small companies what was the last one
that bought bitcoin or something it was like some tiny company that made the headline it was like
scientific something bro it was something yeah it was something small and you're like yeah who are
they and you're like they don't do nothing you're like okay cool but it was cool they're buying you
know it's shit like that like these people are doing it more so to pump their price, underlying price,
then, oh, this is actually going to become a financial instrument in our future kind of thing.
You know?
We've kind of speculated that, you know, a lot of these stocks, you know,
have been dormant and haven't been going up.
So what's going to be the accelerator?
And it's putting crypto, it seems like, in your treasury, right?
And once you start seeing other companies start pumping in recession-like scenarios
like we have seen last week, all these board members are going to look at that,
like, why is MicroStrategy and MetaPlanet going up?
Well, it's because they have Bitcoin.
I was like, well, you need to get on board and do that.
So it's just a flywheel.
And when people start seeing the proof in the pudding, these board members are going to take votes and say, hey, we need to do
the same as these other companies. So this is the start of it, dude. We're starting to slowly start
seeing that every one of these kind of stocks eventually are going to have some kind of crypto
exposure. And they have to report it every quarter. That's another thing too. You're like, oh shit,
you're telling me that they kept this, they didn't buy any more Bitcoin, but they're worth more.
So it's stuff like that, that, you know, analytics and data like nerds, in a sense, sift through and figure out anomalies and trends.
And you're like, hey, what is going on?
And that's what it is. Right.
It's like, even though they're not continuously buying Bitcoin, the intrinsic value of the coin is pumping the stock price.
And so they're like, well, how is that
happening? Oh, well, you don't have to buy it. It moves on its own. Right. And if you buy it,
it just accelerates and it becomes a leverage on that. And it's like, OK, cool. So how do we
understand? How do we position ourselves? I mean, even we talked about this all over the world,
right? Brazil is going really heavy on this. We already have Argentina with Milay. And then you have Nayeli in El Salvador.
So it's like the Latin countries see the ability in the freedom.
And I also think that they see the ability of corruption there, right?
Because, I mean, if these people were corrupt, they're about to be way more gangster with it, right?
Because there's nothing people can do.
But when there's opportunity, I mean, that's the duality of it, right?
If there's ability for freedom and opportunity, there's always going to be someone on the other side
trying to exploit and take advantage. Yes, sir. I agree with you. And obviously,
MicroStrategy had acquired about 4,000 Bitcoin for approximately $427 million and an average
price about $106K. So he was buying the dip dip how do you feel about that though because people are
i guess now asking to more or less check paper right um i'm gonna post two clips i don't know
if you've seen this x one of them here i think that one's actually way too long um just two
clips of michael saylor talking right i'm gonna this one's better this one's a short one it's
only about a minute or so um And then it's someone saying,
hey, we're a big fan of what you do at MicroStrategy. But ideally, we'd like to know,
do you plan on posting proof of reserves? And then, I mean, I was low-key kind of surprised
by how poorly PR trained Michael Saylor was in this response. It was a lot of, well, we've seen FTX and Mt. Gox,
and we know what happens when you put a target on your back
because you tell people you have too much money.
And I think that proof of reserves is more of a liability
than it is a value add.
It doesn't boost investor kind of confidence
and all this kind of stuff.
So it was just a very interesting take coming from him because a lot of people think that he's just
paper buying bitcoin so to speak to pump microstrategy's price because you can't see the buys
right for one you don't see the buys on the chart and then two uh you're not seeing these otc like
i guess well transactions or orders so to to speak, or OTC fills.
So a lot of people, I guess, now are getting to the point of just wanting a little bit more clarity, right?
Because if this unravels, that is our black swan.
So I posted that up to the top.
I thought that was pretty interesting of just his positioning.
And more or less, his answer is is if you show everybody what you're
doing they'll track everything you do and then you're a target forever i'm like well yeah i mean
welcome to blockchain that's kind of like what blockchain is you know just don't do shady shit
yeah just look at what joseph win went through this fucking week i've never seen more motherfucking
soy boys pocket watching a motherfucker in my life like who the fuck is he was wanting that bro i know but it's just like jesus christ dude like you put a target on your back
people are trying to liquidate your fucking entry points and shit like if you can keep it private
i would keep it private as long as possible right so i think micro sale is kind of suggesting that
like people are i mean i think we already know his liquidation level isn't it like 49k or some
shit but i'm not saying like this new this new
debt he's issuing like where's the unspiral happening there like i don't even i'm not even
that financial savvy don't even understand what half of it means people just want to know if he's
paper buying bitcoin right they just don't think that he's actually going out there and buying that
much and like he has that much supposedly in a wallet, right? They think that he goes out on the timeline, says he buys, just bought $4 million of Bitcoin
and in a sense pumps MicroStrategy's price up.
But when you come down to, well, why is this stock worth so much?
Oh, it's because he owns Bitcoin.
Cool.
How much does he own?
Well, I don't know.
It just goes up.
You're like, well, where does the yield come from?
Sir, we don't ask those questions. The stock just goes up and we just let him say the stock goes up.
Like, you know, that's that's where we're getting to because people are like, well, how does it keep going up?
He's like, I buy Bitcoin. They're like, can we see it? No. OK.
I mean, that typical like I want to be bullish and I want to make sure he you know I hope I hope he
has it all figured out but uh we've seen that uh we've seen that over and over again and obviously
he's the golden boy and the golden goose always gets slaughtered now we've seen this with Luna
we've seen this with Sam Bankman Freed we've seen those ZZ because what do you do what they if people
just keep pressing I mean eventually like people are not gonna let this go wait that's the thing
like it's not oh just chill. I got it.
No, they're not going to chill, bro.
Every time you hit a stage, like, people are not going to hound him
in micro strategy over this shit, like, indefinitely.
Until something gets proved.
Like, proven, I guess.
Yep, yep.
It's going to be continuing press, and he's probably never going to say anything.
You know, hopefully, you. Hopefully nothing happens to this
because I do see a giant unwind and that could ultimately result in some kind of bear market.
So we got to keep up with that. I think tomorrow is also something we need to pay attention to
is NVIDIA earnings reports. We have NVIDIA reports this week. Expectations are 43 billion
in revenue plus 66%, but just a 73 cents EPS was plus 21. If in line, this would mark
NVIDIA's first sequential decline in years. And we've kind of suggested this was going to happen
in the past, I would say four to five months. We've seen the rise of all these other large
language models. We see DeepSeq. We've seen other semiconductor and other chip manufacturers coming
out and we've seen tariffs.
So I think it's expected that there's going to be a decline.
But you can kind of suggest, and Bitcoin's price kind of determines what happens after these NVIDIA earnings.
I got this from JPEG Curator. earnings equals BTC up 2.8% pre-print, plus 3% in 24-hour, and 3% in 7-day and flat 30-day.
If NVIDIA misses, this equals Bitcoin minus 2% in pre, minus 2.6 in the 24, and minus 47 in the 7-day,
and minus 9.2 in the 30-day. As NVID Nvidia rose to the top three mega cap, beats drove steadier
BTC gains to be decided how much of a disaster the miss will be. So people are speculating if
there is a miss from previous history, Bitcoin has a pretty big decline the day after. And if BTC
is starting to pump 2% before tomorrow, people are seeing the earnings already and there's
insider trading going on so i think tomorrow you're going to see some volatility and hopefully
it's not too bad or maybe it's already priced in i think people are kind of expecting you know now
with the with the tariffs and now with the competition that nvidia earnings are probably
going to be less than it has been now uh now this is all going on so just want to make you guys
aware that
tomorrow's a big day just for Bitcoin price, but just for the AI sector in general. If this pumps,
this could be great for all sectors. And this could definitely drive us to 110, 111, maybe even
break out to 114K. So that's kind of what we're looking at just in general. And we have open
interest. It's an all-time record high with 300,000 strike call options expiring June 27th,
showing a huge amount of interest.
So I think a lot of people are expecting something to happen here in the next few days,
but also in the next few months.
So we might have a nice little decline here.
Nvidia earnings happen on Wednesday.
Wednesdays are the worst days for Bitcoin in general, but I think we might sharply recover. People will be deploying those
stable coins that they've been holding back, and a lot of people are expecting us to go up until
probably the end of July. Pretty bullish day, pretty bullish week. Got a lot of things going on this week. And obviously James Wynn was down like 5 million.
And he closed his positions.
I don't even know.
5 million, bro.
He got cooked.
He went from, I think, 82 million.
So I think he's down to 8 now.
Damn.
That's crazy.
Go on both sides.
But a lot of people are saying that he's probably counter trading on an alt somewhere else.
And making bags in that sense.
You know?
Like, I mean, that's a big risk to take.
But some, or, you know, speculation is that he's potentially counter trading on an alt.
Because, I mean, if you literally flush $80 million down the drain, bro.
I mean, he was a scammer in 2023 he was out there fucking
doing scam art drops and all that shit so a lot of this money wasn't earned so he spends it in
that way so do you want to talk about this stay loud thing that everybody was talking about this
weekend they came out with kind of what they're doing this week um i have some stuff that i could
pin up to get the tldr i don't know if you look through some of it.
I use, well, I was going to use Brad's posts.
Yeah, let's do that.
Let me talk about it.
Yeah.
I was like, because Brad did a bunch of like good little infographs and stuff like that.
Just the traditional breakdown style that Brad does.
breakdown style that bread does um so first and foremost it is a protocol uh backed and working
in tandem with kato ai also if you're listening to this um most of us uh we caught kato before it
even did the original airdrop of the box we saw the page we used use the app. We just never registered our wallets.
So once again, don't go through that same level of pain, right?
There is a way for you to go register your Solana wallet right now on Kato.
Please go do that, right? Make sure your ETH ones are on there as well,
because this is on Sol. Go ahead, Cool Crypto, before we keep going.
What up, man?
Jim?
Yo, yo, yo.
Man, I've been in a long time.
How you guys doing, man?
Been in a long time.
So, yes, I just wanted to say this real quick.
I know you guys got to keep up on the show.
Yeah, I was on the space listening to the Laudio, the founder.
Is it me? I think it's him okay crypto you vanished maybe you can't hear us let me uh or move them so you can hear us in the crowd
cool we couldn't hear you brother if you could maybe jump out of the space and jump back in the crowd. Cool. We couldn't hear you, brother. If you could maybe jump out of the space and jump
back in the space, you're kind of breaking up there, brother.
We'll try it again. It happens, man.
It's just how the fucking spaces are these days.
I mean, we didn't even have fucking DMs for like
two days. That's good, bro.
I just had a call. Yeah, sorry.
I got a call for a minute. Sorry.
Yeah, so I was in the
space with the
Laudio founder and talking to all this stuff.
And it's going to be interesting, man.
This might be one of the biggest rewards you've seen probably since the original Kaito.
And basically what he's saying is it's an experiment.
They already have their leaderboard already, so you can check it if you are on there.
But the top 25 are going to get the biggest rewards first.
Then those top 25 accounts are going to be their microphone.
They're going to be the people to talk about this project and to attract other users.
this uh project in order to attract other users so what he said was these guys might make between
six seven figures each it's gonna be nuts it's gonna be crazy it's gonna be hyper no joke i
i just made it to you right now i'm actually ranked number 99 man so i'm trying to see
what i could do to your jump into that top 25 but no he said it. I think it was the host who said it.
He said basically they want to give them such a massive reward
that they're going to be so loud on Twitter
that they will attract a bunch of users, man.
So I don't know what you guys need to do,
but trying to find a way to get up to Top 25
because it's going to get crazy.
Of course, if you stake a title, you're going to get a massive reward.
I'm assuming you also hold NFT also.
But it's going to be big, guys.
It's going to be big.
It's going to be a big one.
I think the only thing.
People are going to be.
I was just going to say they're going to fight for that top 25 spot, right?
Because let's just say that top 25 spot is, or the main, like you said, distribution, the top of the funnel, right? Is 25 and then it breaks
into number 26, right? It's zero to 25 and then you got 26 down. So once you get into that like
next level or even working your way to that next level, I mean, that's just them winning
and you're technically not even earning and you're doing
quote basically not free marketing but free marketing right so yeah i can definitely see
this getting even more competitive of people that are at the top 25 have to get louder
to maintain that number one position number two position is it uh does it vary once you're in the top 25 or is it kind of like a base pay for all top 25?
Like one versus 25.
So he didn't specify.
And even if you go to the dashboard right now, you input your swan wall, connect your Twitter account, and it tells you where you are in the ranking.
And anyone below the 25 rank,
it actually says you're not loud enough.
So you have to talk about them even more
to crack that top 25, man.
But it's basically the Hunger Games,
the Hunger Games of crypto right now.
But I like this, man,
because it just, it makes crypto fun again man because it's
been a long time like for real man i'm tired of being robbed on on fun but this is makes it fun
because it's not even just just kaito there's kaito there's wallchain there's give rep there's
there's a cookie down now now there's loudio is all this stuff is just giving me something to do, right?
So I'm tired of farming, you know, the same on-chain stuff.
I'm not saying stuff on-chain interaction, but, guys, this game has changed, man.
And you just kind of, you know, have to adjust with the game.
And I don't know how long this stuff lasts, but just enjoy it in the meantime.
Guys, I just claimed 3K from Infinix this morning, man, for tweeting.
And that's phase zero.
There's still four more phases to go.
And plus, if you stake Kaito and you have an NFT, guys, there's 56 projects on Kaito.
The money will probably last 6 to 12 months.
So I don't know.
You just got to kind of find a way to jump in this matter, man.
And it's like what I was telling you yesterday.
I think that eventually these projects are going to realize, like,
as an operator, right, this is an acquisition vehicle,
but it's not a retention one.
When you can figure that out, when I now the same check that I write
to acquire users is also being funneled to retain these guys.
And that makes my life actually easier, right?
I don't have to go look for two different campaigns or manage that.
And so my biggest issue with InfoFi now is that pound for pound, most of these people don't know the protocol, don't even have money in the protocol, right?
I'm kind of really excited when we
graduate and this is just a double down on cool's point that because you don't even have to know
what the fuck you're talking about or doing now is the time to make money and take advantage of it
because when it gets to the point of yeah i got a fat bag for you but let me see your wallet like
let me see you've transacted on my platform.
Let me see you know what you're talking about.
Guys, it's going to weed out almost 80% to 90% of our space.
I need you to understand that.
Not to disrespect them, but most people don't feel like it's worth learning everything,
and it's not.
I can guarantee you 90% of people speaking about all the shit
on the Yapperboard don't know the ins and outs of it. So just to double down on Kul's point is
right now, if you can make money by using your social following, writing meaningful threads or
interactions, just doing the basic social aspect of it, the off chain, when they add the on chain, then you're good.
You don't have to worry about it, right? It's going to add new people into the mix and it's
going to remove people. But that is the current barrier right now. So just keep that in mind of
you don't need to spend money, right? Those that spend money aren't being rewarded as much as those
that are actually just talking about shit right now. Eventually, that's going to change. They're
going to realize that we need to spend money on those who are
spending money.
But for now,
this is marketing spend.
It's go be loud.
It's literally that go be the voice.
Just yell it at the top.
And I'm willing to throw money for you to talk about it to someone or
anyone who will listen.
Shotgun.
You said you're in like the abstract trenches.
Have you dabbled into Kato?
I think this is like perfect for you.
You do a lot of video content.
You're good at like writing. Have you like gone into kato at all
looked at any of this leaderboard shit brother i don't know if he's here still but yeah i was
just thinking that it would be good for him to do this shit i don't know that if he's in it or not
but the kato leaderboard is definitely something you guys need to be looking at i mean cool crypto
just made 3k for talking about infinex so it's like definitely need to be looking at that if you are making gods in right
and i think you know stay loud is just this new new thing we have a new thing that pops up every
week and it's like how long is it going to last um i think the biggest concern here is probably
uh it's all easy kind of post it up and kind of list some concerns that i kind of agreed with
um in order to maintain attention you need people to talk about it yes but in short traders are not
trading this because the fees are going to be high nothing earning uh anything because they
aren't on mindshare leaderboards betting on yappers to keep talking about ultimately i worry
the flywheel will be short-lived traders Traders hate fees. With something like LaunchCoin and WorkShare, but for something like this, essentially a trader
is just speculating large accounts will care about it and talk about it. Large accounts may care and
talk about it for the first week, maybe, because fees will be high, payout will be large, but each
substantial payout will be in line with the rate of diminishing returns. Cool experiment. I worry
this will be short-lived. We've seen thisishing returns. Cool experiment. I worry this will be
short-lived. And we've seen this with Beep.fun. We've seen this with Launchpad. We've seen this
with virtuals. Ultimately, there has to be some adjustment of the tokenomics or the protocol to
keep retention and keep people caring about it. So I do think the top 25 people are going to make
a payout. And maybe it's similar to PacMoon, where it just keeps giving and giving and giving and
giving. And maybe there's some way that those top 25 creators can give out a portion of their earnings to their followers or something.
I don't know. But a lot of this stuff is kind of a week or two time span.
And then we just move on to the next opportunity.
So I do think in the short term, in the first week, I think a lot of people are talking about this.
But I don't know if this is something that we're going to be talking about in a month.
Right. So just be wary. A lot lot of this stuff you know it comes i would i would say something
so so um i i remember when i was in space uh this was about four months ago and uh we were
talking about kaito from day one i remember one of our our our our speakers on the show he was
talking about how kaito's garbage blah, blah, blah, all the noise.
And I said, look, crypto is
very, very weird.
We ride the waves.
We don't know how long it lasts.
Kaito's been around for four months now.
And for four months, they've been dominating
ridiculously.
And I don't necessarily think
this train
is going to end anytime soon.
Not really because it's doing anything different.
It's just because they found a way to capture the audience on Crypto Twitter.
And not just the users, right?
It's the founders, it's the devs, it's the projects.
Just today, we have Arbitrum.
Arbitrum just launched on Kao just like two hours ago.
Arbitrum has been around for three years, man.
So you're having all these older projects.
Yeah, we saw Tezos too.
Yeah, Tezos.
It's like, yeah, yeah, yeah.
Exactly.
So you're having the pro-procos that have been around for years now
jumping onto the bandwagon.
As long as this continues, I don't think this train's popping,
but in my opinion
we're going to have multiple like clones of kaito but but for me kaito is that it's it's it's it's the mothership that's the mothership that's where you need to hold the nft that's where you need to
stake that's where you need to get your yaps that's the mothership that's the really because
now uh for example this up the stay loud actually using, is built on Kaito.
It's taking the API from Twitter for Kaito and using it to reward users.
So to me, Kaito is really, really the engine that drives all this stuff.
You'd be stupid if you didn't have a project and then go use the kato uh leaderboard i think the biggest problem during the whole airdrop meta uh was giving fake tokens or tokens to fake people
and people that didn't care and i think this is kind of a way to identify your real somewhat real
supporters and actually giving them the tokens instead of just giving it to random wallets that
are like a cybal attacking your protocol and shit so it's not a perfect solution, but it's the best solution we have right now.
And it's leading mindshare in general.
And, uh, everybody's using it.
And I mean, Arbitrum, I would imagine Polygon, all these other motherfuckers are going to
come out in the next few weeks.
They're all going to use the Cato Lido board and you know, you talking about, it's going
to earn you tokens.
So it's kind of the best way to give those kind of uh those things uh to actually real people so there's no real money that's spent
on the 100k for the board um is that just a fee that's like that's a fee rate right that's not
used as part of a reward structure or anything like that correct that just no no it's it's the
fees yeah yeah so the the top 25 on the the Laudio, it's from the fees.
The fees that the protocol generates, it goes to the top 25,
which they expect them to be a lot of money.
But anyone below top 25 also get rewarded.
But that's when, I believe they said that's when the token comes out
and they obviously say exactly how they're going to do this.
This stuff is still like two days old, very, very new.
But basically, if you stake Kaito, if you hold the NFT,
and if you are on the leaderboard for Laodio, you're going to do very, very well.
That's kind of like the number there.
Woken up, Sniper.
You have a comment on Kato?
I just went back to listener
yeah it's scared no he was about to show something on the kato board oh was he oh who knew
who knew what about sofon tomorrow's so fond day uh is that part of the the kato leaderboard yeah yeah so i i did i did get about 27 000 tokens from so phone i mean i
like i said i think this whole kaito stuff it's it's you know you need to get there early that's
always the catch with this thing uh i've been i've been using so phone for almost one year
i didn't realize so phone was going to be listed on kaito. So I was talking about Sofone before it got on Kaito.
So that's the reason why I've been top 10, top 20 on leaderboard for the past, what, two months.
But Sofone is another one.
It's a ZK project into AI and gaming and all that stuff.
Back to back, Binance and just the regular stuff they're laid to.
But it's an interesting project. I think they're actually
allocated the most
rewards to their community out of any
project in a very, very long time.
A lot of people are going to make a lot of money tomorrow.
They did TG tomorrow
and a lot of people
got this. They gave tokens to
if you
hold an Azuki, you have
a Penguin.
I think Mad Labs got some too a lot of a lot of people got this by holding certain nfts and even if you hold the kaito genesis nft you also got
the airdrop too but tomorrow's the tge and it should be nice man i think um um they're doing
something unique man i've been using the platform for a long time they're d5 they're doing something unique, man. I've been using the platform for a long time.
They're DeFi, they're gaming.
But it's really difficult to really know
what these things are doing in the long term.
But that's the reason why I would say
whenever we get rewards from all these projects,
we need to pay ourselves first.
You shouldn't be posting screenshots on your timeline
if you haven't paid yourself 50%, 60% of your airdrop.
So don't be holding these things because we're having so many protocols launched now.
And it's difficult to know which ones are going to be here in the next one year or two years.
So I just recommend paying yourself 50%, 60% of the airdrop and just leaving the rest a little, right?
Or sell everything because we just don't know, man.
It's just the Klytos made it so much easier for projects to launch now.
And it's very strange, man.
It doesn't make any sense because, for example, with Wayfinder, I guess Chief says earlier, Wayfinder, there was a user that deposited $200,000 on Wayfinder. He got $200 airdrop. getting five six seven k just by yapping so it's so strange like like projects are rewarding
people that talk about them more now they're actually users so it's we're in a very strange
place man i don't know how long this will last but i would recommend do both i'm not saying stop
interacting on chain i'll say just trying to do both and and jump on the meta because we're having multi-billion dollar projects now launching on Kaito, which means a poco touch is there.
Average on this day.
So all the projects will follow.
That's how this game is played.
And just enjoy the meta as long as it lasts.
And I don't know how long it will, but it's just so interesting to me.
For example, now the the the wall chain
wall chain now has a chain and socket protocol so if you talk about 18 a lot and talk about
sockets you are on a leaderboard and those guys they might do an airdrop possibly down
mat kaito uh based on based on the research I've done so far.
So this InfoFi era, it's weird, and it's interesting at the same time,
and we don't know how long it will last.
So just enjoy it while it's here.
Saul, I kind of like this when projects do this.
Abstract does this with kind of highlighting the projects that are building with them, they announced like four or five of these projects on sofa that are coming
out. Um, obviously, um, we're in talks with them.
We're trying to see how we can get involved,
but the one that's getting the most attention is the hedge empire. Um,
it's build your own, uh, hedge fund empire.
And I think you buy their token. They have a whole white paper and shit here.
You guys can read for yourself, but something you guys definitely want to take a look at this one's getting a lot
of attention also there's one called the nameless nfts it's a post apocalyptic pfp survivors humans
are wiped out nameless emerge from the post-apocalyptic ashes searching for their identities
while controlling the fourth dimension time so a pfp collection uh
angeletic kingdom is an idle rpg no grind fatigue so just kind of like monsters.fund a little bit
um remiliacs uh maker tell me where you've seen this one before um basically a uh remilio or
milady derivative on sofan there's only be 2,000 of these cold PFP fragments
or a farmed Sofon anchored.
So, you know, Dremelio, Hypeios, Retardios.
Now, Dremelio is so maker on Sofon.
Pretty sure that's probably going to be a cook.
And then Use Flywheel is a trackable word of mouth marketing.
So turning e-com customers into performance media,
verified by ZKTLs, no links, no cookies, just trust,
re-architectable paid media for brands who outgrow media,
outgrow the meta.
So, so far it's definitely cooking.
A lot of stuff that you possibly want to follow,
get in the DMs.
I think only one of these hedge empire actually has their dms on so for like for melio maker um you're gonna have to
you know i guess talk to them get in their engage with their content to actually be probably
or be probably in the sofa discord um be someone that's a part of the community to actually probably
get uh one of these 2000 entities but that's going to be an absolute cook we've seen that over and over so
definitely so fun need to be looking at and uh definitely the top of my list to start looking
at those two um and obviously hyper liquid season is here um i started dabbling this weekend uh
bridged some funds over to hyper liquid um there's. There's a lot of stuff going on over there.
I saw this from actual Crypto Gorilla with Hypeios, that unbridged Hypeios are selling for a premium.
So the Hypeio floor is 185 Hype, which is about 2.6 sole.
The last six sales were 2.98, 3.34, which between 1,000 to 2,000 extra.
The downsize, if you missed every airdrop.
The RUB airdrop alone was worth the premium at $2,871.
So I don't know if there's maybe some retroactive way you can claim that if you haven't claimed yet.
But it definitely looks like these unbridged hypios are actually going for a premium compared to the ones that actually been bridged.
But I found an interesting website that you could just track hyperliquid stuff in general.
It's called Hyper.
It's a website called, let's see.
HyperTracker.
I guess it's I could pin up, pin it up for you guys if you guys are winning this is where you can basically uh track all what 600 and 612 000 hyper liquid wallets in real time
um so you can see who's shrimps who's fish who's dolphins who's apex, who's dolphins, who's apex, small whales, whales, tidal whales, money printers,
smart money, grinder, humble, exit liquidity, semi-rect, full-rect. I know like that hype
scan, this one's way better than hype scan. So if you want to get into the James Wynn tracking,
or you just want to track wallets in general, hyper tracker is the one that I've been using
over the weekend. Does a really good job of do
that i'll pin it up for you guys up here and just you know in general i think uh there was a trading
bot that i have found um and i think uncle if you want to come up and talk about that other one i
think it's dexter dexter tools was another one if you wanted to trade hyper liquid um it's not as i mean i was kind
of concerned about the gas the gas is fine it's not a big deal at all um i use hyper swap as the
decks um and it's it's it's fun dude um there's a few coins that have done pretty well there's a
lot of kind of similarities to solana coins over there um they had one called diarrhea this past weekend i guess was kind of a
push to fart coin uh it runs uh there's perp coin kind of reminds me of kind of house coin
and there's uh obviously buddy which is the one that was airdropped the hypeos but i've seen a
lot of people in the group chat saying they're bridging the hyper liquid and looking for new
places to get into meme coin trenches and the the two ones that I've heard constant drum beats are is abstract means and
hyper liquid means.
So wouldn't hurt to get over there,
check it out.
You know,
don't buy everything,
you know,
go onto decks,
deck screener or these other bots and make sure that,
you know,
you're getting the things that actually have community and you're not getting
into the pump of dumps,
but definitely worth your attention.
Rabi's integrated it.
Now you can use it on Rabi.
I use my MetaMask and then use Hyperswap.exchange
to swap my Hyperliquid into the meme coins that I like.
So yeah, I'm definitely doing a lot more research
over in Hyperliquid.
And I'm not saying it's going to last forever,
but right now that's kind of where the ball of money
and the attention is kind of flowing
is into that area, man. So I i wanted to bring that to your guys's attention
for that and then um abstract is kind of i saw this from finn um they're been kind of talking
about possibly launching ios apps um not an abstract dashboard.
I got this from Untamed Adam.
He says, update, Finn clarified that abstract will release separate iOS apps,
not on the abstract dashboard app.
And this is coming from him saying, abstract iOS app weeks away.
My friend, Ikea, asked whether abstract should launch a mobile iOS.
Marketing lead Finn responded that it's already testing and mere weeks away apple has become a more open crypto app recently so
the timing is perfect abstract works well on mobile now blast pac-man and blast are just
punching the sky right now bro because this is literally what it was supposed to be with the
blast mobile app yep i mean that's what I was suggesting. How is blockchain and just consumer apps going to change
now that iOS is now allowing apps inside their app store?
Are we going to get more apps than mobile wallets?
I think this is kind of the first we've seen that.
AppShot works well on mobile.
I've seen a lot of people concerned that the wallet didn't work
during the Monster.Fun Inc.
And Fun meant it's hard to bridge funds over there. So maybe getting a mobile app
would be easier. Using the privy, that's the biggest issue. If you try to use abstract,
like if you only have access to your privy login, right, aka you're using like a keychain
function system, Google, one of those, right?
Then it's very hard to do on mobile.
If you have access to the actual crypto wallet that you attach to Abstract,
you can do it and not have any issues.
But I've had issues trying to play around on Abstract or trying to buy something
and then only being able to have the privy,
like can't trigger the privy connection because I don't have what it needs, you know?
So that's one of the things that I think
this will definitely open that door
that you don't have to use that kind of keyless login, right?
If you have your account, you have your account,
or if not, you still have access to it anyway.
Yeah, Finn kind of clarified in another reply,
says we won't have native abstract app coming.
We have apps coming to abstract that will be iOS native. So abstract
itself isn't going to have its own abstract wallet, but there are apps that are building
on abstract that will have their own iOS devices. So something to keep an eye on. And I guess the
last thing I'll throw until I throw it to you, chief was kind of something that I found.
Well, is it on, if you want to finish up the abstract stuff just real quick
we have fugs that's supposed to reveal within the next 48 hours i know that a lot of uh people in
tda have some and just that was kind of the mint right um about a week or two ago uh and then
ultimately bad buns came out but they've been holding steady i think floor price is at 0.07 and it's scheduled to be revealed
within the next 48 hours or so so if you have a fugs just be on the lookout for that if you're
listed you know just in case it might get sold uh sold into it and then finish off too uh tomorrow
we'll have the frankie go team slide through and then i just see joan in the crowd and congratulations
to him and that team of launching the game right and and that's kind of something that we've been looking forward to it
being a bigger week for abstract in that sense too right on chain hair heroes launching this week
frankie go launching this week and just doubling down on that attention just engine that they have
and and it's a good like you said good timing so
i think the the one thing i found that's getting some attention uh on the scanners is called
upside fun um it is another um for the world's first social prediction market
backed by mr jason choy and arthur hayes and 25 other degenerate angels
follow upside to get early access 100 spots guaranteed they're also giving like if you
engage with this tweet they're giving away like ten thousand dollars uh in early access to the
best tweets so it wouldn't hurt to get involved with this i don't i like the first social prediction
market like i think we've had those
before kind of seems very similar to what noise is doing um but this is going to be on base um it's
relatively new no one's it's getting a lot of engagement and arthur hayes is backing it and
everybody seems to be following arthur these days so just one tweet from this motherfucker
is probably going to send people drove over the base playing with this app and shit. So it's called upside fun.
and they're basically giving $10,000 to the best tweets and the top 25 best
tweets are going to get early access to this.
So we'll see how it goes.
I saw this getting a lot of engagement and just wanted to bring it to your
attention.
And,
some stat I did over the weekend,
chief,
I didn't even see how,
how much traction Maple story is getting, dude.
It's in the past 10 days.
3.8 million in volume,
206 million items traded,
number two in NFT volume
ahead of CryptoPunks and Budgies.
So...
Bro, it's because it's not as big
and attractive in that sense you know what i'm saying
but people are playing 25 minutes and walking away with 600 bucks 700 bucks because they got
items from the drops right they have enough nesso nesso is actual real money so this is the kind of
creator economy circle that they wanted.
And X, I don't know if you saw this, but it said host having issues.
Yeah, I just got it.
Okay, cool.
But yeah, that's one thing that a lot of people aren't paying attention to is that just because it's on AVAX, it's on a sub chain, right? It uses its own, in a sense, currency.
But people are literally making their salaries especially if
they're in let's just say other parts of the world uh playing the game a couple hours a day
right and so it is kind of cool to see it in full-blown steam and that the team is like
dedicated to making to fixing this right in the beginning the rewards were dog shit you could play
for hours and not get anything and then they're trying to figure out exactly like that ratio for the raffles, the ratio for the drop rates and stuff. And really,
their biggest problem now is hackers. Because the game is profitable, you now have a bunch of people
just hacking, right? They'll come in, they'll build the characters to the point where they can sell it at that 60, level 65 range.
And that's it.
And so they just turn on the hacks, farm, and then sell the character.
So be careful if you're buying, like, I would say entry-level characters just for that, right?
But, yeah, I mean, there's a lot of opportunity there.
If you buy an account from a hacker, typically they don't sell or claim any of the items.
So people are finding, like, gold mines in these hacked accounts yeah it'll be cool to see how they combat
it it's obviously going to be an issue if there's money to be made but it's just cool to see people
having fun about time dude i mean right before your eyes man it's happening finally a web 3 game
that's getting traction and uh beating crypto punks and
pudgy penguins and nft volume that's pretty impressive so shout out to them man killing it
what up jit what's up brother how we how we doing hell yeah dude dude maple story is sick
my friends used to play that shit and they used to have like maple girlfriends and shit
like on the internet we were like you had to bro because there were special quests that
you could only do if you were married like motherfuckers don't know so yeah i had a little
i had a game wife and she looked forward to seeing me every day you know and when y'all got together
in the game a little heart would come up because oh yeah yeah you guys would have like maple sex
that's what you used to call it yeah it was real sticky hell yeah it's called a sticky product right there brother
um yeah no i don't really have anything to contribute right now i'm kind of just trying
to vibe i think metamask just added the soul extension oh dude that's so funny i was hanging
out i went to like this like uh meetup and just meet up in brooklyn with a bunch of uh
like eth people and uh we i was chilling
with the metamask people and they like they were telling me how frustrated they were because of how
long it took to like integrate soul onto metamask and it's like finally it's like after everyone
has already done that you know i was fucking on dbridge like last weekend on when i was bridging
funds over to hyper liquid and uh i had on the
soul uh thing and it had a metamask extension it created a soul flare wallet i don't know if it's
the same thing if i saw something different but i'll check it out that you hadn't updated your
shit that you had to update your extensions or whatever because it that used to be the process
but now it's native inside the wallet itself yeah i was hoping that's the way
it was dude i hope i didn't have to like create a whole different wallet uh inside of it and it
would just make yeah so i'll check it out tonight it's an extension so is it on mobile yet or is it
it has to be if it says extension i'm guessing it's only on pc i guess so i don't know i mean
this is kind of i feel like this is the last kind of, the last thing they do. They have to get updated until they start, you know,
getting on the Kato leaderboard and fucking doing their airdrop.
So MetaMask, give us,
bull market doesn't start until OS OpenSea airdrop and MetaMask airdrop.
So when that happens, you know, the bull market's here,
or maybe it's over after that.
So I want to bring that up.
Or I think we're going to have Kia.xyz come on soon.
I told them to come around this time.
So we'll see if they show up.
Red flag if they don't.
I'm just saying, red flag.
But we'll see, dude.
Did you see OnChain Heroes is launching Season 2?
Pretty soon here?
So if you guys aren't playing on...
Yep.
So maybe you want to get one of those fucking things.
Season 2 is coming. So I pinned it it up it's ahead of season two we're teaming up with ring bearer and abstract chain giga chad
meta passion of t to kick off an onboarding video series on chain heroes this is part one with a
quick intro to the universe and how it uh gets started diving so you know how it works the fly
wheel once stuff starts
heating up um people will start talking about it more and on-chain heroes has stand withstand the
test of time over there all the d5 games have come and gone but on-chain heroes is still there
so i would imagine season two uh the attention will fly back there and probably the price of
the nfts will go up so i want to bring that to your it's a late trade already though that trade
was supposed to be done like two weeks ago if you're going to get into it i mean everyone's
the game goes live this week you know what i'm saying so uh the rings are back over one eth heroes
up 10 percent uh gatch upon items were also up ultimately like the better ones were up
so it is more so a later trade i mean we told you guys to get ready for game week last week because this was supposed to be a big game week for abstract so if you're trying
to get ready now it might be a little late i think you're better off playing some of the new native
drops that'll be coming out right so that that to me has my eyes a little bit more so than uh on
chain heroes because it's a lot of assets to truly take advantage of that ecosystem right
you have the ring which is over one eth and then you have your actual heroes which is roughly around
anywhere from 0.25 to 0.3 then you have your actual weapons and then pets are coming so it's
in every evolving idle gamer right but there's also new abstract opportunities popping up so
But there's also new abstract opportunities popping up.
So I'll just keep my eyes peeled for those two.
What up, Tig?
What up, Tig?
I don't even notice Tig anymore with the little pudgy.
I feel like it's a new person.
What's up?
I'm a new person, bro.
No, I want to touch on, first off, Hyperliquid.
And then the second thing, you mentioned upside uh fun thing on base if you
follow them and then you send them a dm uh that you're interested in in uh being part of like the
first couple waves when they open up uh they'll give they'll put you on a waiting list and with
a code and once you're ready they'll dm you back uh with uh with a link uh once it goes live so
it's gonna be it's gonna be opening up in waves. But yeah, if you DM them,
they're looking for people
that are interested in trying out the launch.
So yeah, if you're definitely interested in it,
some big names are being backed by it.
I don't know if anyone follows Blockmates,
but they're pretty solid guys in the space.
And they were one of the angel investors in that.
And that's how I kind of found out about it.
But yeah, if you're interested,
look into it, check it out,
and then just DM the team.
They're pretty responsive.
Yeah, I sent them a DM.
I didn't want anybody to know because I wanted to be at the top of the list.
But let everybody know.
It's fine, dude.
Let's get everybody in so we can move down the wait list.
It's fine.
Stop gatekeeping community.
I know.
At least I told them about it.
The fucking $10,000 for engaging.
Fuck.
The only thing I didn't like is it was a little sus to me, which I don't know why they had to do it.
Like their posts,
I would just realize now because the guy DM me,
I'm like,
I recognize his name for whatever reason.
I look back and the guy's post came up on my timeline as an ad.
So they were like pushing this as an ad kind of thing,
which I don't know why they would need that.
Given,
you know,
the backing that they have,
if they truly have it.
So just, you know, make sure you do your own research on that and make uh given you know the backing that they have if they truly have it so
just you know make sure you do your own research on that and make sure you know you're not being
sent some sus links to join and all that always you know uh join with a burner and all that good
stuff but uh but yeah just check it out uh you know if if it's truly backed by the people they
say they are i mean blockmates they they tweeted it out and they're pretty reputable guys so um
that's what i felt comfortable kind of DMing the guy.
Well, the guy DMed me, and then I just responded that, yeah, I was interested.
But yeah, just check it out and just obviously always do your own research.
And to touch on the thing about the Hypeos, why they're selling on a premium,
the reason why is because all the ones that are stuck on base still,
they're missing out on all future airdrops because you're only going to be getting an airdrop moving forward if you're on the EVM side.
There we have like an airdrop tool where it grabs all the current wallets that are on hype and all that.
So it makes it easier for these projects to airdrop anything, you know, or give whitelist to the current holders.
And there's also mentioned another airdrop today.
I think the ticker was called WET.
So just be on the lookout for that as well
i was trying to convince min to buy it uh he's like why would i buy this i'm like airdrops bro
airdrops and he's like i i saw that post and i saw that the same ticker response like
oh community airdrops access to whitelist but you could name one one project on every chain
that has that you know there. That doesn't make any
difference. I just feel like buying a Hypo, I feel like I'm holding leverage Hypo, holding a Hypo.
And the fact that I bought the Hypo for 0.4 at the time when ETH was like $1,900, $2,000,
whatever, I remember. The airdrop alone that i've gotten already outweigh that value just
alone in buddy and rub in a reverse unit bias like those two airdrops alone pay for the hype
itself so now i'm literally just holding it as a leverage it's like leverage hype that you know i
could just hold and gain value through that so yeah i saw the responses to that min post i i
wanted to respond but i didn't really have anything to go on but yeah i mean if you're
looking for community and diehard ogs that are like pushing this shit and they're like legit
about making this a real thing like making hype evm something real and big then yeah i think hype
is a good community for that well i think hyper liquid is both sides of the barbell where you have
the liquidity utility side where you have big institutions that are using the platform but you also have the attention barbell where you have degens involved
so it's the that's the really issue with a lot of the stuff where i kind of see what i see with
abstract you have the one side of the barbell where you have attention and degenerates but
like what is this used for like institutions and big money and i feel like the meme season hasn't
even head up heated up yet like we have one meme at like, what, 30 million?
So if you are someone that is not in the trenches
and want to get into trenches,
Hypefield is probably going to be that soulbound token
that gives you a lot of these upcoming memes
that are going to get dropped on Hyperliquid.
I think the one thing that people are not thinking about as well,
like I mentioned in the past where like, you know,
a lot of these protocols on EVM are brand new
or at least a couple of months old know the lending and borrowing all these different
protocols are coming up uh some of them actually give you multipliers for being a hypeo holder
uh so whether you're you're lending or borrowing and all the looping all this crazy shit that we
mentioned before you know using the protocol being a hypeo holder gives you a multiplier on points
and obviously all these protocols have some type of incentivized reward system leaderboard kind of thing so that's also to kind of take
note of if you're a holder as well any abstract alpha in the trenches this weekend brother
i don't know man i kind of seemed like that was the top
it's just dude it's just like i made a post earlier about
People thinking they're the white knights of abstract
Because they're like championing
The fucking meme coins that they're holding like
2-3% supply of and they love to boast
That they bought at 8-10k
And they're in fucking every fucking meme coin
No matter what ticker you mention they're in that bitch
They've been in that bitch oh I've been on that shit
Like bro no one gives a shit
Like if you're truly a champion of this fucking chain like just just just vibe man like don't don't like the reason why you're
in this position and people certain people don't fuck with this person is because just the ego and
like the the i don't know man it's just just very off-putting the way it is so yeah i don't know
like it's the same shit people crying about now that people grifters are calling other grifters grifters it's the same shit we went
through solana and it happens you know the hype and attention is there now and now people are
making money so now you know people want to extract and we just saw a thing with blast them
you know finn calling out blast them because now this team is trying to extract through pre-sale
meta which you know obviously is going to be abused now and and all that but i don't know man it same shit is everything is a cycle
right everything just everything happens on one chain happens on the other and abstract is just
going through that thing right now because you know it's it's getting hype it's getting volume
now um and dude these memes like move slow as shit like honestly if you just want to buy and
hold wait till like the foot and all
that shit just goes look into the ticker look who's behind it look who's holding look who's
the dev buy in and hold through the summer i think you're gonna be uh you know the thing the payoff
is gonna be much greater than having to fight other projects to get an entry on those things man
if you're waiting for anson the bull post your meme coin, you have zero volume. And that's not
a great metric. You need to be going off of your meme coins. But meme coins aside, I actually think
abstract has a great flywheel. I think I actually really like the apps and things that are being
built on top of it. And that's what I'm going to be more concentrating on than the meme coins,
because meme coins are up, they're down, they're left, they're right, we're bull posting them,
followers, and you know, oh, Finn talked about it, Ansem talked about it, and my price goes up. meme coins are up they're down uh they're left to the right we're bull posting them uh followers
and you know oh finn talked about it ansem talked about it and my price goes up like i really enjoy
playing things and using things on the app and that's kind of where i'm focusing my attention
for and i think that's where kind of abstracts get an excel so those are kind of things that i'm
interested in uh be completely honest shotgun what are you interested in you said that you're
an abstract are you in the meme coin trenches are you kind of more looking at the the product side and like the app
side bro because i feel like that's kind of the place where he said he was a trencher when he got
on earlier is he a chocolate video for meadow he's a he's definitely a trencher and that's cool like
there's nothing wrong with that that's my thing like shotgun is doing it right he's pushing his
bags he's putting out a video on right he's pushing his bags he's putting
out a video on it he's telling you why he's bullish on it i'm all for that but like there's
no need to be flooding other shit because just you didn't get an entry on something or because
you're not holding two three percent of a fucking token like that makes no sense to me but like i
did a fucking video for dark pengu i'm not trying to push that shit i'm not fucking telling people
to buy it i posted
a meme video of it because i had a creative idea and i just fucking did it right but you don't see
me out here fucking you know funding other people's tokens or any of that i think there's a right way
to go about it and there's a wrong way to go about it and unfortunately right now i think we just need
more of the wrong way outweighing the good way. Yeah. What's happening on Hyper, too?
I mean, you're starting to see a bunch of shitcoins being launched on Hype EVM right now,
and it's a bunch of non-native people, right?
I mean, it's the talk of the town and a lot of the FNN groups, too.
It's like, hey, let's go to Hyper.
Let's go check out Hype.
And to that extent, too, it'll be interesting what lambo land's doing to see how the chain is gonna
you know actually survive an onboarding event right i mean ultimately to that big one you know
yeah it's definitely obviously there's always gonna be bad actors trying to extract and you
see obviously you know project x is definitely being hyped because of the the you know who's wrapping it who's
creating who's behind it um as far as the mean coin shit goes like i'm only buying stuff that i
see og type native people that i follow for months now kind of mentioning it or buying it or it or
anything that's being mentioned within like the group chats of like ipos and stuff like that
like anything else i see someone have never seen fucking post about hype
or been in that ecosystem before posting a ticker.
Like I'm definitely not interested in shit like that.
You're not getting into diarrhea, bro.
It's the same thing as like abstract
and like they're going through the same things, right?
OGs that have been established
versus new participants because of opportunity.
Like that's, I mean, it's crypto.
But yeah, no, I i just a lot of my
friends that never that are trenchers in that sense are like heavy and soul like bigger players
right are just at this point they're like what do you buy they're just throwing clips at everything
over there just hoping something hits so what i guess i mean you're in the you're in the in the
trenches i guess you're in the group chats where the OGs are at, bro.
So I'm sure you probably have a pretty good understanding of what's bullshit and what's not, bro.
What's up, man? How you doing, Cash?
Not going to lie. I was going to tell you my little hack to sift out who's a real one and who's not.
Just check Deck Screener and look at the React emojis.
Because everybody on Hyperliquid is their OGs.
They've been in the space. They do not give a fuck about desk deck screener reacts, but the little Solana, you know
I I got a psyop people who fucking see deck screener like they're gonna react 700 times fire
It took me a minute to even process what the fuck you were talking about right now
I'm like deck screener reacts. What does that mean? Exactly screener reacts. I like I had to like break down I'm like the emojis on deck screener reacts what does that mean exactly screener reacts like i had
to like break down i'm like the emojis on deck screener holy shit yeah man there's a like i've
i've spent way too much time in the solana trenches got absolutely pillaged and murdered by so many fnf
groups and all these other people uh so i don't know i feel like i've seen a lot of the the games
played and that's how i feel like a lot of the the games played and
that's how i feel like a lot of people on hyper liquid are like you know you're you're not coming
into like a group of people who have lost and then like are just brain dead and never figured
it out it's people who've survived and they're like all right we're here to you know stack hype
make wins win more make hype go up.
But yeah, it's going to be a lot of fun.
I think the EVM side, we're just seeing, like you said, so many things pop off.
And there's a clear difference when Hypeo devs run them.
How is it going to work?
I guess back to my original question is, I mean, not consensus, but I guess some of the posts were that it's probably not going to require, uh, on-chain activity or on-chain interactions.
Right.
But with TPS being in a sense, pretty low, right?
How do you think social fire or any of these mass onboarding events are going to happen because they can't really be on chain, right?
It's more experience and just, I guess, front end driven.
Yeah, this is an interesting one
because I mean the first social five thing
we're gonna see really is whatever Lambo land drops.
So that'll be a good experiment.
I think you said it'll be like a stress test.
And I know the team put out like an announcement recently that they're upping like the TPS or block space or something like that to help with the congestion.
But at the end of the day, it's like kind of the whole point, like this rollout and the way they set things up.
It wasn't supposed to be a solana tps competitor
day one so now we're kind of seeing like hey this is all the activity coming in they're gonna adjust
for it and adjust for other issues but i don't know i think it's like the the thing i'm least
worried about at the moment because anybody who's like made some trades in
the trenches like you you might not get every uh every entry or exit like the way you want because
of tps but at the same time like it's still just so early that it's not moving as fast as like
solana like you're not seeing bump bots sending a thousand transactions in like a minute so yeah it's uh you're not
disincentivized yet like it's not to where it's not fun or there's no opportunity on the other
side yeah exactly it's like cardano i think it's also yeah but i think it's also like
people who are holding hype don't want it to be a solana they're not gonna be
trenching to fucking lose all their hype like people who are hype whales don't fucking just toss their shit anything they're trying to hold this shit because the
long-term vision of these guys is yeah this shit might hit 60 80 100 dollars here in a couple of
months you know uh and i think that's like has touched on it like people come over here on hype
try launch and run the same playbook that you see on soul you know it's not gonna work out the same way because you can't kind of you don't have that i guess speed to do the same thing you
know so you can kind of see who like a deck screener type of shit all that stuff that like
is just a typical solano rug playbook like you know you've got it's got to be easier to kind of
spot on hype on hype so it's like bitcoin max he's not fucking with runes because they're like why would i do that
when i'll just hold hype it'll go up higher so we're going to talk about like how it's very
similar to these meme coins on hype there's people like i'm just gonna hold hype bro i'm up big like
why would i go diversify into some meme coin i'm up like a thousand x already so makes sense it
makes it and it's like everybody's looking at meme coins there was two nfts that cooked yesterday
i don't know
if anybody got any of them but the bad buns uh fucking went up to like 0.28 and then that uh
superman what the fuck dude and that's another thing too i mean i want to just give an ode to
the artist out there in the space right uh homie's been cooking these deconstructs for i think two
years now publicly on the timeline selling them for 0.01 like cooking and just being an artist
right and it it was one of those like right time right you know what i'm saying circumstance just
everything lined up.
And now he has a collection sitting at over one eat when, like I said, you could and probably all the rest of his pieces are garnering value, or at least they will now in the future.
He's on the map. But if you're an artist out there, I mean, I think that this should be kind of encouraging because I've personally seen and collected some of his old shit.
I've personally seen and collected some of his old shit.
And it was always dirt cheap.
And even this launch was at .019.
He dropped the price just so people can come in and take advantage of it.
It's a very well done collection.
How fast did it mint out after he dropped the price?
Was it like something you had to have notifications on and you just had to know?
Or was this something that maybe took like 5 to 10 minutes to mint out?
I was traveling. Yeah, i didn't see it i mean by the time i saw it at the post was like two hours old i'm
like damn and then like last night it got to like 0.5 retraced to 0.28 and this morning it's at eth
and then people are looking for sets and looking ones that they like so i mean maybe this starts
a new art meta you know collectors collecting shit but it's definitely interesting to kind of see that that play out and that kind of work
and then the bad buns one that's on base right i think it's on base bad buns yeah is that on base
uh it's gonna be on mega but it originally launched on base yes i just goes this sort of like the the hypios of hyper
liquid or mega eth where people are speculating this is going to be like the milady derivative
yeah that's what this is i guess the culture play i would say i wouldn't even just put hypios or
milady derivative or anything like that yeah i think that the art maybe has a little bit of
inspiration from it but you have fluffles which is more so like the
corporate rebrace right the i believe in the underlying blockchain the tech and the core team
and then you ultimately are going to have culture be established uh traditionally it's not within
the same house as the foundation you know it's a harder kind of spin in a sense. So I see and I've been seeing this almost as if like a leverage play on mega ETH as one of the culture approaches, right? They had a little bit of back and forth on the timeline to just add to the lore and the fun with the other project mega rabbits. Those like flopped. No, no pun intended. Like those sucked.
uh those like flopped no no pun intended like those sucked uh down implies art was just mid
right just like any other uh generative collection and then these came out kind of edgy and fresh and
you know they got someone tweeting the the the intern is good so i think that this is definitely
has been looked at as the culture play and that's kind of how it's been taken off and why it's been taken off.
Yo, Chief, chill, man.
Bright guy's going to fucking ban you from the chain.
Sold-down token.
Those are the rebases.
Those are the culture ones, you know?
Like, there's nothing wrong with having a seat at the table with the suits.
I just show up in a hat and sneakers should i buy these
well i mean what do we think i mean germelio's 0.28 it's at 0.28 i mean this if this is the next
hyper liquid or hypios which that's hard to do yeah i mean yeah it's like how can you compare
that it's like yeah i know so it's like at this price it kind of seems a little frothy but if you think
it's the next hypeo then it has a lot to run and i guess i mean i don't know the the fluffles is
the soulbound token which i would imagine that's probably going to be the the one that gets a lot
of maybe if there are meme coins or stuff drop that's probably going to get it but i don't know
if this one kind of is second or if this one ultimately also is kind of the culture play
that if you know if meme coins pop off in there when mainnet hits do these kind of get airdrops similar to hypeo with like buddy
and those other ones yeah this one kind of the bet you're playing yeah this could actually be pvp
those soulbound ones right yeah well that's what i was saying i don't think that i wouldn't airdrop
a meme coin to the suits no offense to you bread but fluffles are considered suits like
chain rebases but you know i would rather drop a meme coin to the dgens or the i mean in that sense
the suits probably won't sell it so there's more upside with them but uh they won't trade it either
then there's downside that narrative is kind of bullish now it makes me want to
my rebellious side makes me want to buy one of these.
It was at .04 just like a few days ago.
And so going up to .28, maybe let the attention drive off of it for a few days and maybe get it.
But, you know, who says there's a retracement?
Who says attention doesn't keep going to it?
And there's not more posts from Bread and other people about it.
So that's kind of your bet, right?
I think, yeah,
I think,
I think seeing it,
take off post reveal was a solid sign.
you know,
a lot of people picked up,
you know,
trace that they liked and that's always good.
And yeah,
I think,
I think we got to stop just comparing everything to everything else.
Like,
you know,
saying these are the next high POS or the,
the brisks and stuff like that.
Like these are just the,
these could be the culture
and the tease of mega eth that's all you gotta say like they don't gotta be yeah that's kind of
my approach is i don't even want to put it into that derivative category i don't like comparing
it to any of those like to me it's not a derivative there's something that you can flat out say like
dude this is like derivative art right you literally grabbed all the remelio collections
and grabbed a trait from each one and you put it in here. There's others where they're inspired by it and it's just new, fresh shit, you know, and it's cool to see new, fresh shit reinterpreted.
It's another thing when you just don't have any kind of originality.
So what up, Brad? What's up, man?
What up, dudes?
Created a monster with this one.
Yeah, I'm giving you the alpha from the trenches.
I'm a buns holder, too.
So, dude, I get it.
We need this shit, so I want to encourage this stuff.
And that's why I even tweeted about the one-on-one they made for me yesterday.
Because, one, you need culture.
You need these organic things that actually spin up and be run by teams.
The team behind them.
Honestly, I'm actually a little pissed off
that I didn't come out here and talk about
the MegaRabbit shit, because anyone who's inside
the ecosystem kind of saw that
that was super grifty for a long time.
But these
buns were actually,
we talked to the team, they reached out to us specifically,
they even collabed on traits,
they doxed to us,
there's a lot of trust that they were working to build up within the ecosystem
so like um you know that that doesn't mean they're going to go up that doesn't mean they're
going to be successful so we're kind of you know touchy with it to just like make sure we could
feel them out before we like started openly like supporting um but yeah like good team i have one
i'm actually i feel like an idiot because like i have fomo in my backyard
of like these fucking things that are running and doing well and like i'm an idiot because i was
like i was fucking there the whole time like i minted one like i was like i should have swept
more i should like should have done all of this shit but like you know trying to be balanced on
it um but yeah good good team i'm glad they're seeing some success and we need it the only
thought i saw or heard like in the group chat was, I guess the team is French.
And you know that.
Yeah.
Yeah.
They're French.
They've been in the space for a while.
And one of the people, so there's two founders.
One is really trusted amongst the French community.
They've even done in-real-life meetups for us.
They were in an event in Prague the other day. like they were there in attendance and like helping out doing shit.
But and like one of the dudes is he he's like comes from a history of like knowing other strong communities.
Like he I think he was like working with the sloth, the Celestine sloth and stuff.
So there was some hesitancy there.
But it like to my knowledge, he wasn't he hasn't like minted something and then
ran away it was just that like he has worked with other teams in the past and people were
were worried about that but you know that's why we were cagey at the start and like have
since warm to them i think that that's an also an interesting post just we passed over this but
you're mentioning something that finn literally highlighted that he was going through with the
abstract stuff, right?
Just talking about being in talks with teams that say, hey, we want to build with you,
come out, and then teams take that conversation as something completely different, right? And then they go around and they were even, in a sense, in Finn's post saying that they started marketing,
right? A pre-sale with, oh yeah, we just got out of our meeting. Yeah, me and Brett just
talked last night about it. And you know what I'm saying? And so they were starting to use the name
and in a sense took advantage of the community members, right? Because of that, right? The name
dropping, he said, she said thing. So it's like, how do you manage that just so we can learn and
so I can learn as well? How do you manage that as a founder in terms of identifying support is it the well you're doxxed and we know your intentions kind
of thing or is it hey if you were genuine i mean in that sense of why you're building
and what you come it doesn't matter if it's a success so to speak
yeah i actually i you know i liked and followed twin our fan after cnn like yeah man like it's
it's tough to balance recognizing this stuff is like good for the ecosystem and you want this
level of stuff um for the people that participate and like it's culture like it's all of that shit
right but like yeah you don't want people just riding your coattails and taking advantage of
people which is like loosely what some of the other projects already did you mentioned minting
some that that just they're like already like zeroed out effectively so it's just like all
right that sucks move on like you don't want you want to minimize as much as you can um so yeah
it's it's a it's a tough balance to have but it has to be there to some degree it's like it's
basically the quality it's what new chains do dude it's like this happens on every new chain it's basically the, it's what new chains do, dude. It's like, this happens on every new chain.
It's like, oh, the community growth manager followed me
or this person talked about it.
And that's what like, when there isn't a lot of attention on it,
that's what a lot of the new people do.
I saw it with Say back in the day where it's like,
oh, LEO trades talked about it in a video.
We need to get it on Say or this person talked about it.
So that's just kind of the start of like a a new chain they always like you have to start with
somewhere and the easiest way to pump your bags is talking about someone that works on the project
follow them or this person bought it and that's what like it starts off with and then eventually
we get over the kol bull posting and it actually has to be like fundamental and actually fun things
to do but this is just kind of what happens with new chains in the beginning uh with people that are like early investors and stuff i'm not saying it's
bad but this is what happens with everyone right so it's not gonna be a shame you know it just
happens yeah what gave me confidence like i looked over the landscape and i was like all right
like totally switching to like different pfps all the fucking time right like he's always
switching to different like whether it's the geckos or the clay knows or like now he's the
solana mobile thing like he's all over the place and i just like reflected on myself
of like like do i judge him for that do i care like i i'm i'm an adult i think most people in
this space recognize like we're all like we can handle ourselves and like that's like part of
with all this stuff is built on so it's like i should be okay like talking about some of this
stuff because it is legitimately good it does support like a little bit of culture on the chain and you see the support that like these product teams actually
like get and appreciate from from that and i think some of that has been missing in the ethereum
ecosystem probably like you know people keep yelling at base about it like no one in ethereum
does it at all so it's like i i don't want that to be what happens with our stuff so like i don't
want to be bottled up and like too afraid to talk about shit.
It's like,
you know what?
This is fun.
I think this is,
you know,
good.
It may draw some attention,
but you know,
it should draw some attention to the right stuff.
So I saw that.
I saw that comment you made.
He's like,
I rather have a chain be culture led than founder led.
Is that kind of what you're referring to?
Like you kind of,
you have that ethos about you. It's like, I don't want this to be ran by Anatolia or this ran to be ran by,
you know, Andre Cornier. I want the culture to run this. And that's how you have like a
sustainable growth and a sustainable community is when the culture takes over the chain and is not
ran by some KOL or some big founder, right? Yeah. I mean, yeah, mostly this is like,
cause like this point, like there's been no reason to talk about the fucking thing right it's testnet i'm excited about it but like we also like unless
you actually have like these inside things like the hypeos or whatever like like the hypeos is
the thing that people get excited about allows it allows for protocols to reward specific people
like chief just mentioned right if he's if he's a protocol building on mega he's probably going to
want to target the the people that are culture native not the stuff that we've propped up right
like for better or worse right it feels like the suits like that's just the natural
the nature of us being the ones that launched the the mega rabbits are not like we didn't launch
that us launching the fluffles right versus uh like the the the bad buns like coming up organically
so it's like you need both of those things and like that if if that doesn't happen if i don't
like if we don't have some of that naturally then we're right so i want to encourage that stuff i want to amplify some of
that stuff when i feel it feels like the right people like made it out of the gate um and then
just you know continue to do that both with products and with culture stuff like nfts you
got to get the people to speculate when they're speaking a lot of the stuff on mega eth has been
testnet and it's not been kind of you know money. And kind of see the same thing with Monad.
Like, now that you, and then, like, the Fluffles is the soulbound token that no one can speculate on.
They just bought it.
And so having this on base, now you have the DGens able to speculate and do what they want to do.
So I think it's healthy.
I think it's interesting.
And you said that the system's lost.
Well, it becomes a leverage bet now on the chain, right?
That's what it was.
Before, you didn't have a way to leverage bet on MegaEth
because the only bet you had was, in a sense, a sold out.
That was an investment.
It's not a leverage bet.
This, when you start adding NFTs and things that are more or less
culturally established, aren't going to vanish,
then I can, similar to how Tig said,
hey, I hold Hypeios because it's a leveraged bet on hype.
And it's the same thing.
Like, hey, if I want to get access to MegaEats ecosystem
and I don't have a fluffle, then what am I going to do?
Well, I can probably bet on bad buns, at least for now, right?
Or on whoever it may be, to give me access into maybe some whitelist,
maybe some access into a new protocol, right?
Or something in that ecosystem.
So you can use it as a beta, right?
And I mean, I think it's a good beta
in terms of margin-wise too,
just because of price discrepancy.
I mean, Fluffles was an E, right?
And on top of the fact
that you had the Soulbound token part, right?
So the cheaper entry was wanted and needed anyway
and then now having something that also checks some boxes for culture and establishment with
bigger players i think that just becomes a bigger win on that end you like mega eth can't go and say
hey like go launch something on base it's like the fact that it got launched on base that means
that the culture took over and did something themselves instead of
getting some kind of initiative from, you know, MegaEath itself.
So the fact that, you know, eventually these DJs were like, all right,
let's fucking do something over here.
Let's just launch this on base and then we'll bridge it over.
When MegaEath goes live,
just kind of shows you this is kind of a more of a culture play and wasn't
initiated by the suits, which that drives, you know,
creates the culture in general.
And then you kind of mentioned, oh, good, Brad, you muted.
Did you have something to mention on that? I didn't want to. Yeah. I was just going, oh, good, Brad, you muted. Did you have something mentioned on that?
I didn't want to.
Yeah, I was just going to say, just to clarify,
they're actually on mainnet.
And like, so they're on mainnet.
Yeah, they will migrate to Maggie once we're live.
But you guys have the right interpretation
of what their goals are, right?
Like, you're right.
Like, me saying something is different
than like people in the community saying something, right?
Like, I'm fucking, I have the badge. Like, I have all this shit. It's like, of course, I'm going to bullpost about stuff. Like, it's more powerful than like people in the community saying something, right? Like I'm fucking, I have the badge.
Like I have all this shit.
It's like, of course, I'm going to bullpost about stuff.
Like it's more powerful if it comes from the community and you need to get people hyped up with actual real money, right?
Like we, I can't, I can give you all the fakie if you want.
And like, that's not going to get you excited.
It's not going to get you out of bed.
It's not going to get Tyler tweeting about the fucking collection.
We need one early wealth effects for the actual people that are participating early which thankfully now people who have like understood the ecosystem and got to get whitelisted
this and got to get in got a little bit of that and then like the the team itself because we have
the mafia accelerators like we have a crop of a bunch of teams that we already know like are
going to like come to market and try to deliver something net new in our ecosystem the buns team is like yeah we want to continue to grow and like tighten our bonds to these these
actual projects and then you know maybe do something that would give us some distribution
in the future but like obviously none of that's planned or guaranteed but like that's their
intention you said that there's a guy that worked on the cysteine sloths that is working for the
bad buns team or is part of the team or something like that.
Yeah, Beacon is the guy's name.
I don't know if he was part of the founding team or just worked really closely with them.
And he even consulted a few other projects that were trying to ramp up.
Those are the top dogs, though.
That's what I was saying. That's cool cryptos.
And they gave out airdrops
at Celestia. I'm just trying to pattern
match here. If he's part of the team, I'm sure he has
a similar roadmap of what he would do with the Sistine
Sloss and shit like that.
So I'm just trying to... Maybe there is something there.
Yeah.
And it's just kind of like, Monad
sees this. Who's going to
launch the Rittardio
Deriv for Monad and have it on ETH and then bridge it the Monad? this like who's going to launch the the retardio derivative for monad and have
it on eth and then bridget the monad like i think that's been the biggest thing for monad is all
testnet and now you see mega eth was all today now you have this so like how are people going
to get back and bring monad back in mindshare the culture needs to take over what that's
interesting is that people are buying testnet mon for real money like right now it's it's really kind of wild uh i think it's um
half a mon is like a dollar or some like that like it's something crazy bro
people are actually going out there and buying testnet mon uh for some of these nft plays uh
instead of launching it on another chain which i don't really understand why you wouldn't just go
through and launch it on another chain have funds right why are you maintaining but at the end of the day
they're all farming the airdrop too right so that's another thing too they're adding on
chain transactions because everyone's playing with test on testnetmon but yeah dude the otc
market for that is is like it's actually crazy right now. Yeah, I mean, some of those degenerates on Monad
take, you know, take a little hint
and maybe go launch something on another chain
and get the culture running
because Monad is definitely dealing with the same issues
that it's all testnet bullshit
and there's really nothing to speculate on.
So you're definitely not going to see that.
If I was working for them,
I would be saying, let's go do something.
You know, we got to get Mindshare back, you know?
So I just want to bring that up.
Go ahead, Chief.
We have about 10 minutes left.
I guess iKid.xyz isn't showing up.
GG to them.
Do you have anything you wanted to bring up?
We have about 10 minutes left before the show ends, brother.
I've been talking a lot anyways.
I'm going to just drop a little bit of information up top.
Just new stuff. I guess it drop a little bit of information up top. The just new stuff, right?
I guess it's kind of all over the place.
So we talked about Kaido.
Kaido has a way that you can now make sure you don't miss any of your airdrops or your claims.
I told you guys that I staked some Kaido, what, two weeks ago or a week ago or whatever.
I got a little bit of that huma protocol
or whatnot like yesterday but that link the claim link isn't on their original like dashboard right
they actually tweeted out a different claim link and then they actually tweeted out a staking link
for huma so this just dropped you can sign up and it's a direct notification from them if you have Cato Steak and you know exactly where to go to grab your money so you don't miss out on it.
So there's that for you guys.
Multiple new campaigns are also coming over there.
Right. So just be on the lookout for that.
I think camp and a couple others.
I'm looking at the Magic Newton one and just some of the simpler farming ones,
but most of these are kind of not new and novel tech,
but at the end of the day,
there's just an airdrop kind of farm or incentive there.
Next, I found this interesting on-chain game.
Once again, everybody's getting deeper and deeper
into this whole uh
allowing the bots to do everything right uh spark ball was going to be ai betting we saw robots
fucking fighting in china the other day right it's getting less of human involvement and more so just
uh speculating and uh gambling on the outcome well new game came out it's called crypto agents by eternal ai it's an on-chain pfp uh for
your own on-chain agent i personally don't think this is anything different than the dx terminal
one right with gram plan and all that that one was a little bit more fun to me but since we had fun
on the first one with the dx terminal i know a lot of you guys went over there some people even
made it high on the leaderboard.
I don't even know how y'all got your agents to listen.
Just bringing this back up to you guys as it doesn't matter if I enjoy it or not.
Seems like most people do.
Next, BearChain dropped its information about the new tokens, right?
The new vaults and the new pools that are whitelisted for BGT emissions and RFB allocations.
All that information is pinned up to the top.
They do this every Monday.
It's basically when you find out what gets whitelisted.
And it's also new projects and protocols that the foundation is backing.
We see Wasabi on there, right?
We started slowly seeing them do more and more Barra chain focused things, which makes
sense being a DeFi platform.
But now they're going on to Barra as a actual vault provider and holding liquidity over
there and doing cross chain liquidity.
And I think that Wasabi is also planning on going on the cato leaderboard for their tge so hopefully we get
a little bit more information on the spicy token or the spicy points from yagi coming up see what
he knows about that but i'm pretty sure cato's coming up next for them um And then you already posted the SoFan stuff. For anybody that, just kind of continuing
on the bear chain stuff, for anybody that's in PuffPaw, right, that's been going hard. A lot of
people are enjoying that whole smoke to earn aspect. You utilize your points, right, or your
token to upgrade your machine. The higher level your machine, the more
your output is. The goal is for you to smoke less. So as you wean down the nicotine percentage,
you actually earn more. And then they're grabbing that information and selling it off to doctors,
big tobacco, etc. I think this is an interesting workaround that they did. They tried a proposition the other day through the DAO to expand the number of devices that they could be sold.
It got declined.
Ultimately, everybody wanted to maintain, like just in a sense, greedy, right?
I get it.
I own one and I don't want you making more cheaper devices because it ultimately devalues mine.
But how does the company grow and scale if it only has the first like 5,000
devices or some shit that they did, right?
It's impossible.
So they actually created a way for you to create any vape into a vape to earn.
So it'll be something that you attach to your favorite elf bar, your geek bar,
whatever the fuck you pacifier that your flavor that you enjoy from your favorite elf bar, your geek bar, whatever the fuck you pacifier that
your flavor that you enjoy from the gas station, you'll be able to go pick it up, attach this
little device to it and start earning instantly. Right. I think that that's almost that is a game
changer. Right. Because device in deep end has always been the biggest moat, right? In every form of deep end. From the cars, it's having the cameras,
the helium to having the miners.
And, you know, even this,
this device was $500 for a vape.
I mean, granted we're in crypto,
but that's still fucking ridiculous, right?
$150 for some fucking pods.
Like crazy shit.
And I don't even smoke, bro.
And I'm out here chasing mythical fucking vape
token vaporware literal vaporware but anyway having the ability to go to the gas station buy a ten
dollar vape and slap a little doohickey device on it and earn some money is the progression of
dpin that i'm trying to see and then i think that will incentivize more people to do it. Right. So got that pinned up to the top for you guys to check out.
And then lastly, a betting platform went live on Vera as well.
You can now make official bets using SXBet.
It is peer-to-peer.
Right.
So it's you betting versus someone else.
And then just in a sense, escrowing and providing this service for you.
That's all I got, man.
All right.
I got two more things and then we'll end it.
We appreciate everybody comes out the daily off.
But the last one's off the grid is now launching a death match into
testing throughout the weekend,
20 players,
compact arenas across teardrop quicker region.
The first 50 get a limb,
a limb wins.
So it looks like they're kind of expanding
that. And then virtuals lost
the whole white paper, just updating
their points distribution and dust level
cooldown adjustments. So daily points have
been distributed on May 27th.
Thank you for your patience. The TP cooldown
adjusts our dust level cells.
We identify a smaller number of
edge cases where wallets unintentionally
sold an eligible amount without any intent to manipulate or exploit the system.
But we were still placed under TP cooldown to prevent disproportionate penalties.
TP cooldowns from those wallets have been lifted and a small one-time compensation will be issued.
No action is required.
We're always listening, reviewing feedback, and doing our best to make adjustments to fair transparent um so that was their first one which is i got a bunch of points
bro i got a bunch of points recently so i think that the the i mean it's harder to earn the yeah
points i think that k at least virtuals is doing it right your daily active bonus if you go on the platform and trade the agent tokens, that's the sauce. Yeah,
you go participate, claim, commit your virgin points, don't sell your allocation,
but that only gets you so far, right? The first two or three days I was buying,
delegating my points, participating in every launch, and just staking it and not earning anything,
right? Very, very minimal the next day. The day that I started to, after I, let's just say,
get a token from a launch, I buy more and I'm not buying anything crazy. I'm buying $5 more,
$10 more. And then I stake that amount. It looks better on the backend for them,
right? It's, oh oh shit he got his allocation bought
more and then staked oh okay cool like today i logged on and my daily active bonus was like a
thousand points or something like that right versus yesterday was 36 so it's just small little
things like that of using the platform itself i will say it's super buggy bro like i don't know what the
they got to do i don't know if it's just me but i have a really hard time navigating it's just
not responsive it's kind of shitty in the background uh so all that money they're making
they need to make someone to fix that yeah yeah yeah i'm glad that you're on there you can
definitely see it i haven't got involved yet but definitely something i'm looking to get into and then then the last one is genesis of a TP cooldown history is now live wallets under TP cooldown can now view cooldown history directly in the virtuals protocol by clicking their TP cooldown status, you're able to see which agent sale triggers the cooldown. When the cooldown began, this update provides clear context around point suspension suppression and helps versions understand the reason behind the cooldown status.
Keep refining Genesis to make it as fair and transparent and in tune as possible.
I mean, we knew that this was going to happen.
We knew that they were going to have to fix some stuff,
and at least they're listening, and this is great for them.
And I still think this has a little bit longer to go.
I still think this probably has a month or two until this kind of gets
over farmed and a shout out to the virtual protocol to kind of fixing these
issues. Now chief says, you know, fix your protocol as you, it's just super buggy.
So yeah, man, I think that does it. It's 12 o'clock.
We appreciate you guys stopping by the daily alpha.
If you guys got any DMS from us, please check those.
It has something to do what we're building at thery. And we're going to get into that tomorrow.
So if you guys were this weekend, you weren't around, check your DMs.
Check that out.
Check out the dashboard.
Check out what we're doing.
And we'll get into a full breakdown of everything tomorrow and maybe even some questions from
you guys.
But I'll leave it here for Chief.
Chief's in Vegas.
So if you guys are out there, go check that brother out.
He's going to be there all by himself.
So, you know, help him out.
Put an arm around him
Buy him a drink
I love you guys
I'll be back tomorrow
Talk to you guys then
Don't touch me please
You guys get me sick
And every time I get back
Bring your own weed to events too
Stop sharing weed
That's how you guys get sick
Deadass bro
Just best practices
And eat
No one eats when they're at events
Please go eat. Appreciate
you guys for coming out. As X said, I'm out here at the conference. I'll be heading to actual
conference grounds right now after this. Go pick up my badge, go see all the boots and whatnot.
And then other than that, guys, it's a TDA. We do this Tuesday through Saturday, 1015 to about 12,
We do this Tuesday through Saturday, 1015 to about 12, 1230.
Just depends on the conversation at hand.
As X mentioned, if you guys did get a DM from us, it is real.
It's not a scam.
Check it out.
Read everything.
I know that's hard, but please do read and just see if it's for you.
Other than that, be on the lookout for a thread that comes out at the end of the show.
It covers everything that we spoke
about, everything that you can research later. Use it as a resource. It's TDA or Stay Poor.
You guys be safe and have a good rest of your day.
