Projects
![]()
No projects found
Investors
New
DAO Treasuries
DATs
Lend / Borrow APRs
Chains
Categories
Spaces
THE DAILY ALPHAβ»οΈ
Recorded: Sept. 10, 2025 Duration: 1:32:30Space Recording
Short Summary
In a dynamic crypto landscape, Meteora gears up for its Token Generation Event, while Kong's token value rises to 17 million, signaling growth in the NFT market. The emergence of decentralized prediction markets like Dare Markets showcases evolving trends in user engagement and investment strategies.
Full Transcription
Thank you. Thank you. oh what is up what is up tda fam appreciate y'all stopping by the show
what is it september 10th 2025 that's what we're talking about um man interesting day on the market interesting
numbers came out this morning so we appreciate you guys stopping by we'll get into it obviously
allison's post of the round trip is up top um all the topics we discuss on the show will be
there so if you guys want to come up feel feel free to come up. We would love to get your opinion on what's actually going on in the space.
Also, you guys want to sit down there.
That's totally fine, too.
We would love your participation.
But if you want to be more of a listener, feel free to use the comment button.
And if you want to talk about a current topic, if you want to discuss what we're talking about, feel free to tag me your chief.
We'll bring that comment and pin it up top, and we'll get a discussion to if you want to discuss what we're talking about feel free to tag me your chief
we'll bring that comment and pin it up top and we'll get a discussion have you involved so
obviously obviously obviously obviously uh i mean macro is how we start and macro runs the space
obviously this morning we went to like 114 000 i think we're back up to $113,000. And Bitcoin dominance is dropping a little bit. But
what actually is going on is pretty, pretty interesting when it comes to job unemployment,
right? So this morning, we had PPI, which is producer product index. like obviously producers and then tomorrow we have CPI which
is consumer which is us producer PPI dropped down to 2.6 think it was pretty hot the month before
think it was a right around like 3% check that real quick we'll just get my numbers here so yeah on uh july 16th we were 2.3 forecast was to 2.5 it was 2.7 in august we were
at 3.3 forecasted at 2.5 we were at 2.4 and in september it was actual 2.6 we were forecast for
3.3 previous is 3.1 so that data right there pretty much set off the market saying that inflation is not out of hand.
And so what's also coming out is the revision of these jobs, which is pretty crazy if you think
about it. If you guys didn't know, we're having like over a million jobs that being revised. We kind of tackled that yesterday. But I think kind of the thing that's
going on here is, is the Federal Reserve working, was working with the Democrat Party during the
Biden administration to boost job numbers and boost GDP to get Biden and Camilla reelected for
the election? And that seems to what's actually going on. And, you know,
obviously the Fed is supposed to be this neutral party. They're not supposed to be working with
anybody. But I mean, we pretty much, the US just wiped out 900,000 jobs in one revision. That's
76,000 jobs per month that were never real. This is worse than the Great Recession revisions in 2009.
So we actually haven't had this many jobs revised since 2009. And so basically what's happening is
these jobs that were supposedly recreated weren't actually created. And now they're going through
like the openings and it's like, well, this is revision.
This is revision.
This is revision.
We're just getting crazy, crazy data of what's actually real and what's not actually real.
And I think this morning there's been an investigation into the BLS, which basically
tracks all this stuff.
And they're like, what the hell is going on?
What the hell is going on?
Like, are you guys, who are you working for?
Like, are you guys, who are you working for?
The Labor Department Inspector General has opened an investigation
to the Bureau of Land Statistics to examine the challenges it faces on collecting data.
So it's just kind of crazy, dude.
Two million jobs from the past three years of the Biden administration
are now been revised away.
This is despite the biggest debt issuance spree on record.
Zero Hedge is talking about it.
Everybody's talking about this data, dude.
And it's not looking good.
And you could see why some of this stuff would probably be more beneficial on chain.
And obviously, we need to track this data more efficiently.
There's no reason why we should be eliminating 2 million jobs from two years ago if we are tracking this stuff.
We have AI.
We have people that could pay to do this.
And then now we're getting this stuff, which ultimately meansβ¦
And it's always wrong, right?
I think that that's the thing, too.
It's like you always have these crazy revisions.
It's not, you know, oh, this is the first time it ever happened.
How can we be efficient?
I mean, ultimately, ultimately like the spread is getting
bigger and you know at different times it's different obviously but uh the fact that we're
always revising and it's a of a 10k margin plus that's i think the crazier part to me you know
that it's okay to be wrong in numbers and ultimately like i mean they can't even
fucking count for voting so let alone do i think
that they can count for anything fucking else um but at the end of the day too it's like being wrong
a million jobs is is kind of unacceptable i think last time we had 250k or something that was wrong
and we thought that that shit was a lot so yeah i mean this is affecting people's lives this data
like you know jerome powell and the fed we are a data-ren, you know, business or whatever.
We run off the data.
And if the data is broken, you're basically, like, on β you're driving a car and your GPS breaks.
And then now you're basically driving off a map.
And now you're like, where the fuck are we going?
Like, how are you going to run a country and control the system if you don't even have the right gps system to actually control the car
and it's like it's fucking nuts dude and i think it's just coming down to like we come to this
place of oh these people have been in charge oh this these people have white coats oh these people
have doctors but no doctors these people have degrees none of this
shit is actually fucking none nothing is actually real like we talk about like oh what's the what's
the point of bitcoin it's digital like everybody goes what's the fucking point of gold what's the
point of diamonds what's the point of money like what's the point of any of this shit all this
stuff that we've been told in our childhood is supposedly is facts
and there's structure is all corrupted, bro. From our government to our money policies to what we
believe is valuable is all fucking bullshit, bro. And so you're starting to see people like,
fuck the system. I'm going to start, you know, that's why I got into crypto is like, fuck the
system. I'm not in control of any of this bullshit. I'm going to pick something where I have control of my fate, and that's decentralized finance.
And, you know, Bitcoin's becoming less and less decentralized with the banks coming in because they want to manipulate that.
But it's like all this shit is fucked, bro.
Like if we can't even get fucking job numbers, which is easiest thing to fucking predict, how else are we going to get these people to fucking run a country efficiently, right?
Also, we're going to get these people to fucking run a country efficiently, right?
No matter who's in charge.
So I'm starting, obviously, I don't want to make it political, but it's just like, it's
the government, everything is just like a big, complete lie.
And they can't even get the fucking job numbers right, which affect millions of people's lives,
create premiums on credit cards.
People live in fucking debt their whole life.
Job numbers aren't exactly hard.
People are quitting their jobs because they can't get jobs because they think there are jobs.
This is affecting a whole country a little less the world runs off this Federal Reserve shit.
I mean, our bags run off this shit.
So it's just depressing that this is what it's coming down to.
But I mean, as much as you hate Trump, I mean, people hate Trump.
I mean, the motherfucker is the canary in the coal mine.
He's been calling Jerome Powell, you know, too late Jerome Powell.
And he knows that this stuff's fucking rigged.
And he knows this stuff is fake.
And he's been calling it.
And, you know, he's talked about it multiple times.
Mr. Trump claimed that Jerome Powell made cut rates just before the election to try Camela or whoever was trying to help.
Probably didn't know.
The Fed lowered the rates by a percentage point last year as inflation moderated. rates just before the election to try Camilla or whoever was trying to help probably didn't know.
The Fed lowered the rates by a percentage point last year as inflation moderated. The labor market showed signs of cooling. So like all these, all this stuff is all connected. And like,
if you look back in time, like Jerome Powell is now has a legacy to withhold. And so is he going
to start cutting rates now that he has egg on his face? And the only reason he's in charge is back in, David Sachs talked about this on the All In
podcast on Friday, that the consumer price index jumped 5% in May, the fastest pace
since summer of 2028. This was published on June 10th, 2021. Consumer price jumped 5%.
And then Yellen sees recent inflation as transitory rather than
permanent. Remember when they called inflation transitory? This was on June 5th, 2021. But in
the statement, the Fed again expresses the belief that increased inflation regulatory
transitory factors. This was in July of 28, 2021. And so why did Yellen say that? And then why did
Jerome Powell go along with the inflation
as a transitory? Because during this period, Janet Yellen was removed from the Fed chair,
and then they basically got Jerome Powell in and basically kept on with the feel that inflation
is transitory. And then after Jerome Powell was basically in charge, they basically said,
we're going to get rid of the word transitory. And then Biden reappoints Jerome Powell was basically in charge, they basically said, you know, we're going to get rid of the word transitory.
And then Biden reappoints Jerome Powell's Fed chair as a critical time for the economy in November 22nd, 2021.
And, you know, and then they're like, we can retire the term transitory.
The Federal Reserve has considered whether to wrap up and taper asset purchases months sooner than previous planned.
And then we basically, after Jerome Powell got in there, we went through the most aggressive tightening cycle in decades. Like we went to 5.2%.
That's the fastest pace that we basically tightened rates in history, which basically
collapsed the market, which was the end of the market for us because they tightened these rates
because inflation is an issue. And we need to tighten
rates because this isn't a problem. When inflation was an issue and the labor market was people were
losing jobs, we should have never raised rates off the data. And they basically skewed it.
And now Jerome Powell has been, now, or whoever's running this, has been working with whoever's in
charge. And the data has been wrong. so like what happens next is basically what's
happening that's where the prediction markets are coming in that's where the rate cuts are coming in
is now that jerome powell's been forced into his position where donald trump's been right and now
he's basically out in may now his legacy's in charge now people are calling him a shill for
a certain party and now does he actually try to fix this issue and start cutting rates
you don't give two shits he hasn't given a shit before you think he's try to fix this issue and start cutting rates? He don't give two shits.
He hasn't given a shit before.
You think he's going to give a shit.
Now you can call him whatever you want.
You know, I'm just I'm just hoping that he does have, you know, he does care about his legacy.
Oh, he probably don't, bro.
He could give two fucks less.
Homie was threatening to fire him.
He was about to go down as someone who got fucking let go of their job and he didn't budge. I don't think he's budging. You know, if you want to base it off of like just his poker
face and how he's acted, that's not what's scaring him, you know, or what's even guiding him. He's
not. Well, what guides him is the data and the data has been skewed by a certain party. And so
he's basically now in a point where it's like, okay, I've been actually looking at the wrong data the whole time. And I've affected millions of people's lives.
The only thing I can do now is actually go off the real data. And we're a lot worse than we
actually are. We're like in the beginning phases of a recession. And so like, does he want to leave
the fucking Fed chair in a recession? Like that's how everybody's going to remember him as like,
you were the guy that went off the wrong data and brought us to a recession. And the only things that the
Fed can do right now, which what we've been in quantitative tightening is quantitative easing.
So the only things they can do is cut rates or stimulate the economy during a recession.
So stimulus checks are definitely in play now if we're in basically starting into a recession and also
lowering rates back to where they were two to three under two percent is also something that's
going to happen but you know tomorrow i mean i don't want to get too excited but you know product
you know ppi is producers and they basically dropped but cpi is consumer and typically it
takes a few months for the things on the shelves, the lower prices,
these motherfuckers don't just go in a database and all the stuff drops. Like I actually think
that tomorrow we'll get a wet blanket on top of all this enthusiasm of, Oh, we might get 50 basis
points and we might get 50 basis points for the next three fucking meetings. Um, because I think
we're going to be higher than expected. So if we're like come in as expected or lower, then that's big news.
But typically the stuff on the price shelf that affects us doesn't lower as
quick as it does with the PPI.
I mean,
I don't know,
like looking at one 14 back to one 13.
And if we go back down to one 12 this morning at the end of the day,
I think that just kind of puts a kibosh in this and we probably go a lot
lower,
but I mean, if CPI comes in tomorrow, which I doubt it does, you know, lower than expected,
we could possibly, you know, start going up higher. And then, you know, the prediction markets
are going to start rating the 50 basis points rate cut instead of 0.25. So that's ultimately
what's going on in the macro. I mean, it's, I mean, if you're into macro and you're just looking
at this, it's, you know, obviously there's just been an investigation into this shit and then you know you
have you know tariffs basically india basically trump's uh in a portion of where the trade deals
the india trade deals and all these tariffs or if they're legalized or not and then he's trying to
get a deal done with india and so we have a lot of just stuff on the table this week and next week i mean we
even got bigger shit with poland right overthrowing their government doing all of that i mean that
there's a lot of shit kind of going on in terms of just global as well right i think ukraine and
russia had some shit going on where russia was sending some planes so it's not the very i would say best uh stable climate either you know
of global kind of just global participants and oh you know there's nothing to worry about
well yeah when you got to worry about war and shit you know you're not really checking the
bitcoin price every day it's a different thing when you know you're at least not worried about
war uh it's a different thing than yo these guys are actively attacking and shit like that you know yeah i mean i think the the what i hope you know
obviously for intercession is that they over you know i think you know risk assets like bitcoin and
crypto we're like under we're like i've showed you the chart yesterday that rsi which is relatively
strength index is lower than COVID, bro.
And you could, I mean, obviously you can see it on the timeline.
You can see with the engagement that no one wants to be here.
People are very, you know, spending maybe an hour here daily, listening to some spaces and going back to their everyday lives.
So the fact that we're in this last phase right a week before the rate cut and we the relatively straight index is lower than the
covid dip just makes me think we're kind of oversold here like super oversold and all we need
is a few good things to go our way and then like obviously those risk assets are going to catch a
bid and they're probably going to go up a lot quicker than what you know typically we've seen
because just everybody's just kind of tapped out everybody's believes that september is the worst month ever and so i think if we can catch a bid here there's
a lot of things that have actually looked pretty juicy to buy i mean obviously we've been searching
for metas um you know the week two weeks ago was prediction markets last week was rwas i think i've
figured out what the you know obviously we're going back to revenue generating companies is the new meta.
If you look at like things that are pumping and you basically put it against the Bitcoin as like, okay, PumpFun, all these companies that do revenue generate and then buy back their tokens are all out producing Bitcoin right now.
So I think that is the meta that we're in right now.
PumpFun, I don't know, kind of getting a sneaky suspicion that we have the FOMC meeting on the 17th.
And if that's bullish, what comes on the 17th and if that's bullish you know what comes on the 19th um you know elon's
big on the number nine two plus zero plus five plus or was it two plus zero plus two and it's
uh it's already broke basically two mil again right that was one of those things that it was
i mean i don't know if anyone's noticed that or if everybody wrote that off because it was like doing shittily.
But that token has been slowly creeping up over the last, I would say, two weeks or so.
And, I mean, it's 1.9.
Yep.
I mean, Pump Fun has been one of the, off the August bottoms, is one of the best producing.
I mean, that's what I was doing.
2025, which is 2 plus 0 plus 2 plus five equals nine you're in the ninth month the 19th is on a uh you know that's elon's favorite number
and i think kind of seeing pump fun kind of running here could there be you know an announcement of an
airdrop i mean they've been buying back their token well that's what i'm saying that's why i
brought it up because he it's like the chart has been somewhat stabilized right and that was his
not his fear but he's like why the fuck am i gonna airdrop you guys right now y'all
already dumping the beyond normal right and this is just like without getting free
and so let alone do i want to do this right now and give you guys even more free money you know so
have you heard the rumors of possibly a DAT coming for Pump Fund?
Yeah, that's what people are speculating.
I saw this on CryptoStream.
Dat coming for Pump Fund soon.
It's very much a consideration.
I can't say more than laugh.
Noah, co-founder, probability is it already in the works?
Pump is one of the three assets where a DAT makes sense.
They print cash.
They have a gigantic treasury going for a large market.
Amazing growth trajectory.
This is a huge flow perspective.
Pump already buys back $2 million per day.
A DAT could add another $1.5 million daily.
So there are rumors out there.
I mean, we have Hyperliquid, which is a relatively new token.
I think it's been around for a year and a half.
And if you've seen revenue generated, Pump Fund passed Hyperliquid, which is a relatively new token, I think it's been around for a year and a half. And if you've seen revenue generated, PumpFun passed Hyperliquid yesterday. So I don't think
just because Pump's only been out for a few months, doesn't put them into consideration for
one of these companies that is trading on the stock market, actually adding this to kind of a
DAT and having the first company. So maybe on top of the pump fund airdrop memes, kind of catching a
bid, um, you know, and then also being in the revenue generating meta and hyper liquid, I think
is kind of, or not hyper liquid, but pump funds ready to break out a little bit here. So I just
saw that. I thought that's interesting. Um, Alison's up here with their hand up. What's up,
Alison? How are we doing? Hey, what's going on? I just wanted to say that about the prediction markets, because like Chief brought up like the geopolitical climate and things that are going on in Europe.
Yesterday, I was doing research for my own stream, and I came across this like smaller account that they stumbled across this info.
They were just checking out like wallets that were buying things
on Polymarket that were buying into different markets. And yesterday at 6am, an account on
Polymarket bought $20,000 in buys for Israel to strike Yemen today. And they moved the odds from 13 to 78 percent and obviously two hours later um israel did strike a
hamas target but it wasn't in yemen they got the location wrong it's qatar and then this isn't the
first time that that happened it seems that on june 12th um another are multiple wallets bought in that Israel will attack Iran.
And the odds went from 7% to over 50% off buys from new wallets up until a day before the attack.
And more fresh wallets continue to buy until just like yesterday, just hours before the attack.
So I wonder, like, there are all of these data sites that help you, like, get an edge and place your bets on different marketplaces.
I wonder if there's anyone, like, how does this change, like, the art of war?
Like, war is not an art.
It's obviously horrible.
But, like, war.
How do these markets, like, really impact it because if you're paying attention and you see that these odds jump randomly from like fresh wallets does that mean that like there's inside information
and an attack is imminent like somewhere i just think it's really interesting if you have that
information and obviously if you work in the government like obviously these are decentralized
so like how do you profit off insider information that comes with like intelligence? And it's these data markets.
And I would imagine there's tons of these government officials that have been using
these decentralized prediction markets to make money.
And now you don't got to do some crazy shit and sell war secrets to anyone.
You can just capitalize on war secrets on your own kind of thing.
You know, you don't have to find a buyer for, hey, the strike is on X date.
Now, you know, and you can just say okay cool i'm gonna go
make a new wallet and place a bet or whatever it may be you know and there's really no oversight
on it so there's no one to crack down on it or stop it it's just like an open market on war it's
kind of crazy when you think about it well and that's don't you don't you think don't you think
like these these congress people like n Nancy Pelosi always get, you know,
egg smeared on her face.
So you're doing insider trading on the stock market.
100% they're coming to the prediction markets with that same info.
So now that they're under the scrutiny of that, where do you think they go?
They go to more decentralized places where they can be a non and they use that same information
to use it in the prediction markets.
So it's like, obviously, this is this insider information has been in the stock market and government
officials that make $700,000 a year are multi-billionaires.
It's because they get trade secrets.
Well, they're just going to use, I think this is actually more ripe for the picking,
because you can only invest in stocks on the stock market.
So like during COVID, Nancy Pelosi made like thousands
of dollars or millions of dollars off the fact that she knew everything was going to go, you
know, digital and she made money off Zoom and you could basically just invest in stocks. But now you
can invest in intelligence of when war is going to hit, what are the prices of iPhones? When are
we going to strike here or there? I think this is the new intelligence. You
know how during the Israel strike, everybody was looking at the Domino's tracker around Washington,
D.C. Well, there's a rise in time where everybody buys pizza at Domino's when there's a strike that
happened. I think that just converts into prediction markets here in the near future,
where you can actually just go to these prediction markets well they always knew that you always knew that fact but you could never prove it or make money from it and now you're like
dominoes tracker huh i can go actually convert this knowledge into something monetary you know
before you knew like oh look every time this happens and it was like a party trick oh every
time there's war check out the dominoes tracker you know it goes crazy and everyone's like oh wow that's a crazy piece of information
now you can actually profit off of these random pieces of information
yeah go ahead i'll send i mean to interrupt you oh you're fine i mean that was really just my
point i just think it kind of levels the playing field and there's still like 90 i'm gonna say like this is probably a stretch but like 80 to 90 percent of the world is most
likely checked out on all this and they have no idea that it's happening like once they find out
they can make money on it too um they'll probably be coming in because it's not just like there's
something for every interest it's not just you okay if you're
interested in world events or world news you can make money there if you pay attention but it's
every niche like culturally there's movies there's music there's tech and that's the
inception right i think that that's what i was saying yesterday in my my local instagram like
the page that posts fights and uh like accidents and just local news.
DFW's like Dallas that has ads now sponsored by Kalashi Market or whatever the fuck.
And yeah, they're not saying, hey, go bet on the weather.
Right. Like some of the ads we have seen.
But it's, hey, if you want to go bet on the Cowboys, use Kalashii market or the
odds or this or that. And now people don't even know what the hell that was, but are getting a
full-blown exposure to hopping on Kalashii once or twice or whatever it may be, right? So I think
that they're going to go through this culture aspect, like you're saying, and it'll start with
maybe sports or something familiar. And then once you get people on there, they'll go down their own speculation risk curve, you know? Yeah, I think sports are a great onboarding for,
like, everyone kind of laughed at me when I said that there is a place, and it's going to be a big
place for women in prediction markets. Like, sports is a great on betting, because most guys,
you know, they're betting with their guy friends on different games or whatever, playing fantasy
sports. And their wives, if they're not that into sports, they're not included.
But the husband could say, hey, you might not get into fantasy football
or you might not be into watching the Super Bowl,
but you do like this reality show or you do like this musician.
And there's some things that you could bet on too, based on your interests.
So I don't know.
I think, yeah, there's a lot of money to be made if you pay attention.
It's a more efficient.
I think it's more efficient because the fact that there are insiders that are basically betting their real money and with real money on these and skewing the lines.
I mean, if you just go to a bookie, you're basically at the will of what the bookie spread is.
But with this, you're basically, if you have insider information
and you know what's going to happen, you're going to put more money down
because you know a certain player's injured,
but that isn't reported on the injury report.
And I was kind of looking at that on like the prediction markets
on just football last week.
Some of like the point spreads that are more even.
And then I went like on the book, on the bookmakers,
like say it was like a 2% to 3% difference.
And then I go look on the prediction markets and it wasmakers, like say it was like a two to 3% difference. And then I go
look on the prediction markets and it was like, it was skewed crazy. It was like, uh, I think it
was the Jaguars versus the, uh, the Panthers. And I was looking at that market and I was like,
why is this so different? Like, why is the Jaguars predicted for a 77% chance and the Carolina
Panthers at a 33% chance.
When, if you go look at the point spread, it's pretty even.
And like, that was a complete blowout.
That was one of the biggest blowouts.
So it's like, especially as the season goes on, you have people, you know, like that will
use this information and go to these decentralized and put their real money up because they know
it, but it's not actually factored in the books yet. And so I think you can actually get a better
analysis of what's going to actually go on in prediction markets compared to just traditional
gambling sites and shit like that. And if you go sit on the trenches every day, you can actually
know what the news is actually happening for the news. And I think that curates actually into
prediction markets too, because of the fact that it's decentralized, people are putting real money
on insider information, which is actually making the results and actually what's actually happening,
not skewed. And the fact that the people are putting their money where their mouth is and
they can't get caught, you know, doing this. I mean, you have the people like on the Super Bowl,
for instance, you can bet on what color the Gatorade is going to be right and so don't you think that the guy that creates the gatorade is
going to go tell his family to go put a bet on you know the polymarket bet of what's going to be
red green blue or like are clear and so the fact that that information is now going to be more
widely available because people can't get caught using it's going to bring more of an efficient
market for predictions it's like until people get caught and there's KYC,
like I think actually the prediction markets are way more efficient than actually the gambling
sites because people actually get caught up by bookies and the bookies have to create even deals
on both sides. The fact that there's real money being involved by these insiders actually creates
a better efficient market so they got something you
know you can start seeing until this stuff actually gets kyc'd and there's actually
investigations into insider trading you can probably use the prediction markets as a better
result but even then it's like what are you going to do you're going to have the kyc just to
participate yep and then if you have some crazy bet where you put twenty thousand dollars before
the injury
came out like oh you work for the cincinnati bingles how did you know that player was going
to be injured well let's look into you know who gave you that information and like they're just
going to source it back to when you actually created the bet and who you actually work for
and like why did you have that information and why did you guys use it so having it on chain
ultimately brings it back to you quicker.
But until there's some KYC, then.
Because, yeah, they do make it illegal for like sports players to bet on games.
Yep.
You know, like they technically if someone even it's like cousin of a cousin type shit, like the whole family goes down.
It's one of those.
Yo, you make enough bread to take care of everyone to where they shouldn't be betting on the game.
And if they are, we got problems, you know?
Yeah.
I mean, if you, I mean, if you were, if there's a prop on you, if you're going to score 30 points in a game and you just go tell your player, you go tell your family that I'm going to fake an injury this week. Put all your money down on, no, I'm not going to hit 30 points because I'm just going to pull out my calf muscle and fake a hamstring injury. You can just go rinse that over and over
again on the prediction markets. So until there's KYC, then you don't actually know who's actually
making this money and what information they're getting. Are they getting from the player? Are
they getting from the team? Are they getting from information sources in the military?
So I actually think until that KYC happens there's actually more there's more
validity to these prediction markets than ever before because people are making money
without getting caught making money like without having no who's making the information right we
don't know where this money's coming from like that person that she just mentioned that put
twenty thousand dollars on the israel strike or whatever like if we track that
if there's kyc we track that back to a military family don't you think that would they get in
trouble for that obviously they would so the fact that now that this is decentralized i think that
that will get scary with that is that like that's inner that becomes like not petty government one nation crime like this is interpol is now after you
because these are war crimes and you're profiting you know like it becomes a different level of like
problems as well that now it's no longer oh i just made an insider trading bet no you committed an
actual war crime and uh interpol will find you anywhere on this kind of globe type shit, you know?
So it's like, I don't know, it gets real sketchy because, I mean, you still got people that are being tried for war crimes that happened in World War II,
you know what I'm saying, and stuff like that, right?
So I think that that's the, I don't know, it's a different level of like, it's a different game that you're playing now, right?
Especially when it comes down to war and all this shit like that so yeah i mean look at um i mean
how nancy pelosi gets around she just has her husband do it and she's still getting caught up
right like that's the one thing you get your family members to do it so like for the fact that
you can do this with like an anon wallet i mean you could just do it yourself but eventually like
if there's kyc you're gonna have to go down the down the curve of people that you're associated with to make these bets for you.
And right now there isn't any overhead or there is no person looking at this stuff and tracking IP addresses.
So people are getting away with having this information and making thousands, hundreds of who knows who's how much money these people are making.
Like the fact that I was checking a wallet the other day that he was like 90%
right on all these sports bets. I'm like, Holy shit, dude. Like, how do you,
like that's the one of the lost leaders. So it was like,
obviously people are already using this information to make money.
And I think until we get some kind of KYC,
you're going to see people start printing.
And I think actually tracking wallets,
the fact that it would be super beneficial in this because no one's
actually getting caught up on this yet. So that was something I was, I mean, that's a great point,
Allison. I'm glad you brought that topic up. One project that I think everybody uses that is doing
buybacks that no one's really talking about is DeBridge. So over 2% of the total supply has
been bought by DeBridge. There are very two teams doing this you have a hyper liquid you have jupe um you have pump you have athena i don't know man
i use dbridge every day um especially swapping chain the chain i yes you can use openc more and
more but i mean that token came out a while ago it was dust but uh the fact that they're doing
they're starting their their buybacks, a product that people actually use.
If you're doing cross-chain swapping, I use it, and it's actually a product.
And so if we're getting into this meta of who generates revenue and what actually has use case,
which actually utility, like these all the other coins,
I think you could look at Debridge as kind of an under-valued play here, in my opinion.
Just kind of like, obviously, I'm identifying this week's meta as revenue-generating meta.
I mean, it's really hard to capture a lot of gains with this stuff, especially at these high market caps.
You know, they're all like top 50 tokens.
But I don't think D-Bridge has even cracked the top 100.
So the way you capture gains on like Jupe and Hyperliquid and Pump is putting like 2X,
3X leverage on Hyperliquid and just capturing it that way. But I see DeBridge is kind of a
smaller cap coin. And if they continue to do buybacks and they generate a lot of revenue
off their fees of people swapping using their market maker, you could possibly see this kind
of continue and maybe correlate to some of these other tokens and actually go up in price. So I just wanted to bring that up. Obviously, we're looking at that.
And then guess what's tomorrow is 9-11. GG's to everybody that celebrates that day. But
we have an ETF, Doge ETF, right? And so does Doge, the fact that it gets the spotlight,
do things underneath the Doge ecosystem catch a big and i don't know if we look
at dogenals i don't know if we look at drc20s there is a doge chain that's out um i think it's
a l2 i mean back when i was deep in the dogenal ecosystem i remember this these guys coming on
and talking with jake about their l2 called doge chain apparently there's a token
um that's attached to that chain called o-m-n-o-w um omnom um it's three years old og cto first meme
coin on the first meme chain the doge family first and ever number one l2 for dogecoin available on multi-chain swap
with over 4500 pairs uh i don't actually know what it means i think someone told me what it
meant um but yeah if you guys want to speculate on the doge the whole doge narrative tomorrow as
the etf goes live do things under doge uh catch a bid uh dogenals
drc20s does that catch a bid based off this getting more speculation and more attention
who knows but uh i don't know i don't even know how to buy this but i figured i would bring it up
as uh you know off the beaten path and something you can look at it's the first meme coin on this
l2 that's called doge chain that I don't know if anybody even fucking uses.
So, yep, there you go.
What up, English?
What's up, bro?
How we doing?
Yo, yo, man.
Just finishing the gym, but I saw nobody else was up here.
So just came to hang out, man, and hang out with the homies.
I know it's tough to keep doing show day after day.
And I don't know if people are participating.
I did look at the numbers, and just I think you being one of the most consistent and quality shows out there,
and seeing that there's roughly 80 people in a bullish market, your numbers tend to be around 200.
That's just the average. It's about 100 when things are shitty.
So what do you think that that means um like i said the i i was kind of correlating it to the rsi which is basically that we're super oversold and that means that all coins
i feel like have are at the lowest point of covid like like lower than COVID altcoins and their strength.
And I feel like a lot of people are in altcoins.
And if you haven't been in hyperliquid
and if you just have been chasing the shiny object,
you're probably down.
And so if you're down,
then you don't want to participate in the market.
A lot of people don't have a lot of liquidity.
So they're not,
they're going to tune into a few shows in the morning.
And if we're a little bit later than the other shows,
then people are going to just like, you know you know tap out and i don't know i think i think listenerships is down
across the board i i i use the reverse metric i think like judging your numbers is pretty good
for like the overall market sentiment because i i think when people are thirsty for shit they're
gonna try to get as much stuff but i think that's probably a pretty good metric It seems like I've been saying this on every spaces that I've jumped on.
But like, doesn't it feel like the asymmetrical wins in this space is like since like Libra has happened, like they just don't exist that much.
Like, yeah, sure.
You could have cost like useless or troll on the way up.
I may be to a lesser extent, like unstable coin.
But there's just been less shit.
Like there's less.
And if team ins, there's less you know less gains right i mean if you're looking for the for the
100x right i mean very so rarely are we seeing it but you got to be happy with the
hey 40 gain take my profit on to the next one rather than sit here and oh no let's keep buying and let's keep going it's
going to keep going you know yeah i say that i say the news the new the new pro like the new
emerging markets um there isn't that 100x opportunity and i think people tune into this
show to get you know new information new alpha yes we do talk macro and you know over overarching
topics but when you're talking about new projects,
I think the people left in this space, they're kind of jaded to, okay, there's another meme
coin launchpad on this L2. Okay, there's another NFT that's not doing shit. It's just art on this
new L1. It's just like, I think when we're talking about new stuff, I think we're getting at the
end of the cycle where there's going to be a new emerging market and there's not really that 100X
unless you want to leverage it with perpetuals. And so when people are actually looking, okay,
what's new? What's something that I can get excited about? Those opportunities aren't the
100X where people get excited where they need a lot of information to digest it, right?
And I think the last one we saw was kind of ordinals.
And ordinals were super technical.
So you had to listen to people that knew about it to understand UTXOs and understand what on-chain meant.
And I think that was kind of the last emerging markets.
And the new ones are like RWAs and prediction markets.
And there really isn't that 100xx and it's really not that technical um so people just like understand it and then just move on to whatever's
next so i think that's kind of what's leading to it obviously i know i i'm very cognizant of the
numbers and wondering like you know what's going on and like do you maybe do less shows or maybe
do more shows i don't know dude so no keep doing I don't know, dude. No, keep doing β I don't know.
I mean, that's up to you and your bandwidth.
But I think part of your brand is the consistency, man.
And I think when things get hot again, whether that's Q4 or whatever,
I think those opportunities come to you because of your consistency.
I don't know, man.
I think anybody who's put any amount of effort in the space appreciates it
because that's the one thing that is hard to, I don't know, hard to chat, you know, hard to compete with, you
know, when somebody just shows up every day because it's a pretty tough metric. So I don't
know, keep on doing it, brother.
Appreciate it. Yeah, I mean, me and Chief had that discussion last night. It was just like,
I don't know, there really isn't that much like to get that excited about like if
we don't have new participants in the space and just the people keep the next thing is monad and
abstract and if those two for some odd reason don't meet expectation or if c right you just
have too many people depending on the same thing. And I think that that's the bigger issue, right?
Because then even if it's not that bad, the fact that everybody around you, oh, this is
fucking dog shit.
I only got two grand.
You're like, bro, two grand from OpenSea for a token that we thought was a myth for years.
I mean, yeah, you wanted more cool.
But two G's in a market like this, be fucking happy, bro.
You know, I think that that's the issue too,
is that everybody is focused on the same thing
and everybody's trying to do the same thing.
And I mean, everybody's a shitcoin trader.
So one bad shitter ruins everybody's mood, right?
Everybody's a this, that.
Everybody's hyperliquid.
So when hyperliquid went down,
I mean, it was the worst thing ever, right?
Everybody was at Hypeio.
When Hypeio dipped, what the fuck is going on?
So less people making their own decisions and kind of feeling their own pain.
And a lot of just, I would say just crowd.
And I think that that's driven our cycle.
You know, it's crazy.
I don't think that there's been as dry a time as this year.
Like what I have to compare it to is
like 2022 and as crazy as that sounds but like there was checks and pepe like what else happened
in 2022 like nothing yeah i know i feel it dude like that's what i'm saying we're at like the
the relatively strength is lower than covid so it's like the people that are here they actually
give a fuck like i had like i said i was saying this like a few months ago, like I had funner times in 2023
where it was supposedly a bear market. We're in the last three months of what we're supposedly
is the four-year cycle, which is where everybody makes their gains. And we are getting zero
like engagement. Like it's completely desert and just kind of backwards. And I don't even know
what the fuck to think. I'm like, all right the end are we topped is there is it just an extended cycle
like and that's where i'm starting to come is like there's no way that this is the way that we feel
and we're going to get a blow off top by the end of the year like maybe we do maybe bitcoin
you know the price creates narrative and people come here but it's starting to make me think the
more and more that it's a desert around here the more more and more I feel like it's, it's going to be more of
an extended cycle. And reality is starting to set in bro, that the whole thousand X's aren't as
common anymore that, you know, if you're defy, if you're doing something a little bit more passive,
uh, you're, you're chilling, right? Like you've already mind shifted to not clicking every day.
And ultimately that should be, I mean, at least it was for me, right? The goal,
which is less clicking, less logging on, making the same amount of money or like freedom, right?
And I think that now it's starting to set on that, like because of the institutions and the
stability that they're bringing, it is a little less volatile.
And because of that, right, you're getting less moves, less fun.
So, I don't know.
I think that that's where I'm seeing the doom and gloom aspect of it
is the thought of, damn, I didn't make it yet.
And things are not moving as fast as they used to before.
I don't think it's done.
I just think you got to be willing to learn new things
that aren't dependent on just basically the market, like someone else handing it to you. Right.
You got to be willing to hold for longer. Yeah, you can't this 45 second thing like that's not going to work. You're not getting a thousand X there. You got to pick your winners and hold.
and hold or do the complete opposite right or dedicate yourself to 100 trading for that 45
seconds and buying back again and trade you know like making that your move is i'm going to trade
this volatility or you're just going to chill because there's really no in between right now
i mean if you want to take 15 years off your life sure take that round because that is so stressful
yeah but you see the trend i mean
now the trenches are a little bit uh dry not necessarily drying up but less people in the
vcs type thing but that was a lifestyle for a lot of people and that's just what they're used to
right it's that idea of i need to click every day and you're like bro just make better clicks
and click every other day and it's like it's going to be okay you know so it's a mind
shifts uh like change you want to follow up on that allison or do you want to go we'll go to sam
and then we'll come back to you allison if you have some more to discuss go ahead sam whatever
yeah yeah that's what i was going to say um you know by me since i've been retired more i'm more
strategic with my with my clicks and and like all and Chief was saying, I mean, you just got to put in the work.
I mean, you got to do more research.
You can't be lazy.
And, you know, and just tune in to the foundry and tune in to you guys and just put in the work.
And everything will be all right.
That's the way I see it.
Yeah.
I mean, chasing the shiny object has been the wrong decision this cycle obviously having some conviction bets um like
if you just stayed in hyper liquid or you stayed in pump fun or you just stayed in athena and you
just you just you did that you you're probably up but like those aren't like huge x's and the way
that you would capture those huge x's we're like having some leverage on top of it so like yes these tokens are top 50 tokens
and it isn't 100x but it's a 5x and if you put you know a 5x long on top of your exposure
you maybe there is a 20x in it so yeah it's like or you take your five here and make five
somewhere else and you continue the ball you know like that's
the thing too this idea that it has to be that one play it's like no stack your little small dubs man
100 go ahead allison and then we'll go throw the slow okay a few things um a month ago or two months
ago everyone signed up for something called addicted.fun um and then the account like went
quiet or whatever it looks like all their contracts
went through audit and it's going to be starting really soon. It's that on-chain drug game.
So it seems to be modeled after like an indie game that went viral and it crushed all the
AAA games this year. So if you're following that account or you signed up for early access, I think like 220,000 wallets did.
I say wallets and not people.
Then just be monitoring the account because an hour ago they just said like it's coming soon.
And they've been pretty active on the timeline.
Then someone mentioned checks earlier.
Jack Butcher has like the second last art blocks
curated drop and excuse me it's going to be called gas wars uh it looks pretty cool so
check that out uh i do not have the bags to be participating in this i already know
um so i'm gonna watch it though because it looks yeah it looks really cool uh and i don't know
when that is next month does he have a price because he's typically most of his uh mints are
cheap like that was a free mint i'm just looking at the promo video now alison i think i think it
said it ranges from like one dollar to five hundred dollars i don't know how that correlates
to whatever but um yeah he's not a like a take your money kind of artist.
I mean, like a lot of his stuff are either free or $0
or, you know, ultimately the market value.
Here's the catch, guys.
It's called Gas Wars.
That's literally the name of it.
And it's open for 499 seconds.
That's where I was going to go, yeah.
So what happens is that you're going to have to go
against all these old school ETH people that love art blocks and were there in 2021 doing the crazy
thing and they've been itchy for a gas war for like two years and they're like i got this shit
motherfucker and they're practicing at home and shit right now all that shit yeah and obviously
we're looking for an entertainment and i think everybody's focused on this even if you aren't
an art collector go ahead and below you're in
our guy what's up bro yeah so a few things one is this is the second to last
art blocks of the art blocks 500 so it's definitely gonna be a hype mint because
of that Jack butchers mints are always hype also and like I think English said
you can get a piece for $1 if you're quick with it. You just need to figure out whatever
the mechanic is. I still need to dig through the code and figure out if I need to set up a bot or
something else. But I imagine if you have some sort of script set up and you don't go for the $1
one, you go for the slightly more expensive one, you'll probably be able to hit that one more
easily because I'm sure everyone will be going for the one dollar one so better to just
skip that and go a little bit higher up the same way when you're ever whenever you're like buying
a floor nft or something like that you don't want to buy the bottom floor because you'll keep getting
a failed transaction or whatever that was back in the day volume man i think now you could right but
i'm saying i'm saying the same the same the same thing applies to this, though, is more what I was saying.
And the other thing is that they're like flight simulations, so I think the more that you pay or whatever, the more interesting the piece becomes.
And I think the Mint is also only going to be open for like 500 seconds, so it's going to be a real war to see who can get it
how many how many minutes hold on i'll find that give me a second that's like seven to eight minutes
something like that just yeah and it's going to be um one per wallet so you're going to have to
have multiple wallets set up if you want to get multiple um hence the name gas war like how much
do you think people are willing to pay in gas to get one of these pieces?
I mean, I'd imagine that people would be willing to pay
at least 0.2
ETH in gas, considering
what his
other 1 of 1 of X collections
are going for. And then this is also with
Artblocks. I see these probably
going around 0.2, 0.3
ETH in the end then maybe a little bit higher
But I think the whole Jack butcher ecosystem will probably get a boost from this because everyone will be talking about it
And then if they're priced out of that they can go to OPEP in which the floor is actually relatively low compared to where it's been right now
I bought one yesterday for like point one six years
In the past they've been like upwards of point five eight
So if you're looking for an entry into
Butcher's ecosystem, that's a solid entry. And then also, I was looking on Zora earlier,
and his coin is down like 80-something percent. So I don't know, I kind of see that as an entry
point, actually like a good entry point to potentially doing that he hasn't even done any activations
with it yet and I know Jack always is I mean he said he's not doing any easy doesn't have
scoring what plans for this because it was an accident or whatever I still think he pulled
together an interesting collection of nine pieces or whatever that he's calling the lemonade stand
over there and if you average out the market cap of all nine pieces,
it's lower than theoretically what additions of those sizes would be.
So I don't know.
You could buy $1 worth of it and say you're a Jack Butcher holder
if that's what you want to get into his ecosystem with.
And I'd imagine that in the future, even though he hasn't promised anything,
I'd imagine if he does any activations,
he'll probably do some sort of
ability to use the vv token to buy it so considering that it's down 80 something percent i actually see
it as a solid entry um and it's only like a one million dollar market cap and if he launched it
anywhere but zora it'd be at billion dollars already so i don't know i see that as a solid
opportunity as well.
Well, I think if he doesn't give it,
I think just him getting attention next week will just drive the price up.
We just seen attention, you know, brings price up.
And so the fact that everybody's gonna be talking about this,
people are going to talk about gas they spent, how fast it minted out.
I think we'll just drive attention to his token, which is the most liquid asset and probably bring it up above where it is
today, just by pure attention trading metrics.
And I think like,
that's a good point.
Like obviously as this becomes closer and closer,
people are going to talk about it more and,
you know,
getting in kind of a token instead of a OPEP and might be a quicker in and
out way if you are trading attention.
And that'd be cool.
Like people are going to spend a lot of money on gas.
So a good way that he could reward them is like the people that spent the
most gas get a rare piece
than people that didn't spend
as much money on gas so
maybe like if someone spent $5,000
in gas to claim one of these
maybe that is the rarest one compared to someone
that spent you know $4,000
and maybe that's a way that he can make
it up for people actually FOMOing
this because it's called gas wars I would imagine there's some some hint on like the piece
neo tokyo season two went was remember it was a one eth mint and however much
eth you burned out over the one eth marker is how rare your item became.
There you go.
And no one knew.
And so people were just burning to burn like you were just hoping
that you burned enough, bro.
Yup, yup.
So that's going to be,
I think that's,
everybody's going to be focusing on that one,
especially with OpenSea coming.
People are trying to trade more volume on it,
you know, squeeze the last,
you know, bit of juice out of this OpenSea thing. I see NFTs
kind of maybe coming back a little bit, market makers buying more NFTs to create artificial
sentiment that NFTs are back. So maybe this kicks it off. The other thing I'll add is that
you can still get some Artblocks collections for under 0.01 ETH. There are literally 500 of them
that they're capping off, and then they're not going to make any more under that category of Artblocks collections. Marfa's coming up in the
next month or so, so Artblocks is also going to be getting a lot of attention in the next month.
I see some of the lower-hanging fruit as easy 2-3Xs just because people are going to start
wanting to collect sets of the 500 and some of them have lower
bottlenecks because they're only like
let's say 50, 100 pieces or whatever
so I just start with the lower
supply ones that are low price
and then work your way up but obviously
only buy art that you love and that you can afford
to hold
Giving us the art alpha
yeah I mean maybe art does
pick up with Marfa coming up uh you know
just getting more exposure you know obviously pfps there's nothing great oh it's art there's
no utility so maybe going and having more of an art meta heading in you know jack broker
jack butcher starts it off and then heading into marfa maybe we see some art collections actually
catch a bid so i think emma's giving us some alpha here you know follow the attention and i think he's on to something uh allison you want to you have
your hand up we'll throw out the slogan after you and then chief pinned a bunch of shit so
we'll go in that order go ahead um i yesterday was uh browsing the timeline and i saw that icob
wrote like a little post about um dare markets and wow the comments are very telling on what people think
about this and how we're headed to this like dystopian society like some people say they
wish they could pay the founder to leave the space and never come back again um other people
comparing it to like a very specific episode of black mirror and i guess it is kind of wild what's
a dare market well it's a new um marketplace i guess that's popping up a bunch of us signed up
for early access to it like last week i think but you can't really do anything in there yet
i think the gist is this like i come up with some wild idea. I open a marketplace on it.
And then people bet if someone's going to do it and it goes viral or not.
So it could, they were comparing it to the insane pump stream.
There's a movie.
Live streams of last year.
There's a movie like this.
It's mentioned in the comments.
Yeah, there's a movie like that where it's like the whole time you're playing a game and people get to vote on what you do next.
The whole movie. And it's like they have their phones in their hand. I forgot what it's called the whole time you're playing a game and people get to vote on what you do next the whole movie and it's like they're they have their phones in their hand i forgot what it's
called but yeah i i mean they were kind of leaning into the throw the dildo thing so i think what
ultimately would be a more interesting thing is they put dares up on we will give you know a
thousand dollars or two thousand dollars or like and you video record you throwing the dildo onto the field.
And if you throw that color, then we will give you money for doing it.
And that kind of seems like more of a dare.
They're going to have prediction markets and bounties for people to do crazy shit at sporting events in real life.
You have to video record it and send it to them.
And then that's how you get the rewards.
I feel like would be a more interesting.
Dummy Express.
This is crazy.
I don't think this is going to lead to, like, good places.
It will lead to entertainment for many of us, sure.
But without a doubt, someone's getting arrested.
Without a doubt.
Whatever.
That's better than the pump fund where they're like, I'll sit on the toilet until $100 million.
Now you get to literally hire Crash Dummy, bro.
Way more unique.
It's way more unique to have bounties to do crazy shit and then give people money for doing crazy shit.
Then actually just create another prediction market on what color dildo is going to be thrown.
Like that isn't anything unique.
Polymarket is going to capture all that liquidity.
And it's always about liquidity.
So to be unique, dare markets.
We basically post crazy ass shit.
You prove that you do it we will give
you bounty rewards and uh we'll basically give you you know the volume traded we'll basically
create a treasury to create give out rewards and shit i feel like that is a more unique thing that
could go viral and like why are people doing this why like there why was there 20 dildos thrown
well i was the first one to throw it i get the reward like i feel like this creates
a more crazy uh content experience the fact that these people are like doing stuff for thousands
of dollars and then like people are where's this coming from like the whole dildo thing was you
know pinned by cnn by some crypto bro group just imagine if they go off cnn there's like this new
prediction market called
dare market made these people do this like that goes crazy viral and then gives them crazy
attention dude so i think that's more interesting people in because they're cute yeah yep um well
normies will do half of the shit that we do for like a quarter of the cost i don't think people
pull your teeth pull your front tooth out with a fucking no yeah bro like the money we fuck around with and joke with this is what i always try to keep
you know myself in check and the value of a dollar um but dude i talked to you guys about this i mean
sit outside gamestop for six hours to make a 50 gain on their pokemon purchase right they buy it
for 40 and they sell it to you for 60 bucks, right?
I mean, like homie thought he won and hit the bank.
So what do you think they'll do if you just say, yo, there's 10 grand for you to do XYZ
or there's two grand or three grand, right?
I mean, yeah, just keep that in mind too is our money isn't regular stuff for normies, right?
And I think that that skew is going to make this accelerate probably a lot faster than we even can kind of imagine, bro.
Is this like saw a little bit?
Like chop your arm up for a million dollars?
Well, because to us, we'll be like a soul.
Let's say we've been going on for a soul.
Yeah, you'll do something for a soul.
And to us, we're like, yeah, I'll bet a soul.
I mean, now convert that out here.
That's $220, bro.
Go outside right now and see what someone will do for you to hand them $220 cash.
And then you'll see the difference, you know?
So, I don't know.
I think that's going to open up a crazy world, man.
Well, there's another one that's like...
People don't really hate crypto.
They're going to really hate crypto after this. Crazy world man Well, there's another one that's like
Really a crypto after this is probably isn't um
Mealy markets doing something similar or maybe not similar but they're like instead of going the coin route they're trying to have it be that you can like
get like pay interest in a
Person doing something and then I don't know know i don't think they've rolled it out
yet so i don't really know well um i think you're on to something i don't know the specifics either
but i came across something yesterday that's similar to that one um and it's called wanna
dot fun and it's for particularly for streamers. So it's to make...
The people are crypto native.
And I guess they've been working on it for a couple of years now.
It seems to be very small.
They're just rolling it out this week.
And they're saying that the creator economy is headed to $480 billion by 2027.
And that's a 10x bigger than all the prediction markets combined so they noticed that um communities were like dying like nft communities or like your other discords that
you're in uh when just like right now like price action's boring you're talking about how um
engagement is down listeners are down uh streamers are probably experiencing the same thing.
And so they came up with something
for like people to get involved
in like what the creator is doing.
So you can place bets on what they're doing.
Let's just say like if you're watching like a gamer
or like a bunch of people that are playing a game together,
like the community can bet on who gets the most kills or whatever and on twitch and some of these other
platforms like you already have points you're already spending for the creator anyway so this
is like just another way to get involved they do have a token i'm not really sure like what the
point of the token is it it looks like the token
launched on eth and just last night it migrated to base for cheaper transaction fees um so i'm
still learning about now but it's something to put on your radar they only have like and it connects
um it's like one platform for all of the streaming platforms, the majors, at least for Twitch,
kick and YouTube, um, you can, uh, integrate this into your streams. It doesn't look like,
okay. So I stream my abstract, of course, like a lot of the smaller streaming platforms,
they don't have it for that yet, but I imagine like in the future that they will. And it does
seem like an interesting way to like get
your community involved with your content. Like I'm going to be launching a cooking show. I mean,
I can just say that now because X has like already said it like five times in different
streams and on spaces, um, on abstract that I'm going to be doing myself. And without a doubt,
like I'm going to burn some stuff. Like it's like I can cook, but you know, sometimes you mess up or like something goes wrong. And the people in my chat could like bet
like, Oh, is she going to be able to cook this? Or is it going to be too difficult? Or it's just
like a more innocent way than like dare markets, where I definitely think it goes viral, but
someone's going to get in serious trouble for one of these dares. And Chief is right. Like times are tough and people are willing to do pretty much anything for like extra money, especially young people.
How much money would you do to streak at the Cleveland Browns Green?
And they all want to go viral anyway.
Zero?
Zero dollars?
No, I'm not.
I'm not doing that.
Like I'm not doing that ever.
Do you?
I mean, I think people do it for free.
I think you said something about creative markets and them betting on it becoming bigger.
I know maybe this is a hot take, but I would almost disagree.
I mean, it's going to get to the point where you're not going to be able to tell the difference between a real creator and an AI or a robot.
And, yeah, that economy is going to be a big and a boom.
But I don't think it'll be ran
Or even that normal people will be the ones profiting from it, right? I think it'll eventually lead to dead internet theory and
Kind of more or less a bunch of AI bot farms the same way that we see it But for Instagram models or for only fan girls and stuff and we're seeing little bits of it
Right, and I guess you can consider that creator economy
But it's not an actual I mean, I don't know I guess all depends on how you say or what a creator is
Right is someone making the content for the AI to do is that the creator element of it?
Is it not but I don't think it'll be real people in the future so
There is a real pushback like that internet theory is real. And we all know just from this
app alone, like how real it is. Um, I was like doing, I'm always doing research, like trying
to find things like a couple of weeks ago, I bookmark it and it's deep in the bookmark. So
I have to find it. But there is a guy on Twitter that is creating a social media app where you have to prove you are human to be on the app.
And he is adamant that it will take over because all of the other social media platforms are being taken over by AIs.
And you can't tell who's real and who isn't because AI is so good at this point.
So there might be particular places, Chief, like in response to what you're saying of like it's
mostly going to be ai and probably it will but someone has to tell that ai what to do
and i was particularly talking about streaming and yeah there is ai streaming um but it's not
like 24 hours i found something over the weekend it was was, and I tagged Toonie in it. It
was some like AI video stream on Twitter. And I guess it's been out a while, but it's for creators
like Toonie and other people that make AI generated content and they submit it to this platform. And
then this platform is streaming on Twitter like 24 hours a day, or like, I don't know how frequent
it is. There's some wild stuff on there, wild stuff so someone's making the ai content like it isn't just making itself
so someone has to be creating it and there is money there like if you start learning these
things now you're already 10 steps ahead of the people that aren't paying attention yeah i guess
it goes down into that question of do you consider gorillas artists and then if you down into that question of, do you consider Gorillaz artists? And then if you go into that category, who are the artists then in the Gorillaz?
Are they the people that are playing the instruments?
Are they the characters that we see on the screen?
Well, I see Witters in the crowd.
And I know for a fact that at times when Witters is doing the sketching for her murals and stuff,
because she has shared this like
in pictures and videos and she's talked about it too, that she uses AI to help her. Like,
I don't know. I'm, I'm not saying this is what she does, but if, if you're in Photoshop or
illustrator and you're like sketching out your piece, you already have imported all of your
brushstrokes. You've trained AI, like this is how i work or like you've
trained it on your own work already so it helps speed up your process you're still the creator
you're just getting like a little help with it
oh yeah i think the creator economy will definitely go ai i mean haven't you seen the
only fans brother that is basically like his life's been ruined because his sisters and only fans well do you know in the xrp video yeah i saw that i saw that so just imagine why do a bunch of
fucking larps basically create girl accounts on here when they're dudes it's because they
fucking farm the x payments and so you're not going to tell me that their dudes aren't going
to create a babe ass ai girl there's a bunch that are already doing it bro ai only fans i mean like that you
don't know yep so i'm saying like what's gonna stop a man to create a hot babe and then make
it think it's real have it be like show cleavage and they're gonna farm their token and their
creator rewards based off of being a woman in a male dominated industry like we already see with
x payments and now that ai is getting so good, what's going to stop them from doing it with their creator streams. And like, you'll find out
one day that's not even a real person, but ultimately it like, even I think women would
get into it. Like, like it's a brand risk. Like your whole family's at risk because you're an
OnlyFans girl. I would imagine OnlyFans comes on chain and there's a lot of creators. Like you see
the anomalies of OnlyFans where some girl makes $ 10 million dollars but the rest average like 150 a day and the fact that they can do something in a
male a male a dominated you know industry like this i bet they make more than 150 a day on a
creators so but instead of them putting their bodies on the line why don't they just create
someone that looks similar to them or that maybe they envy maybe they don't have a a good BBL and they just, you know, have an AI that does it.
And then their whole family's safe.
And then their brother isn't traumatized because their sister has been labeled an OnlyFans person.
So I could see it all.
Like I could see all content creation having some form of AI development just to keep a person from being doxxed that's doing something risky.
keep a person from being doxxed that's doing something risky but also it's more beneficial
for you to be someone in a male-dominated industry like crypto as a female like you've already seen
why people do it on x now is because but i guess my question is engagement still wasn't answered
so who's the artist is the character that you see from gorillas the artist or is it the person who
designed gorillas or is it the people that person that the person who designed gorillas or is it the person that the person that designed so it's not the music people that are playing the
the songs and the actual artists that are the collaboration the artists set up the
artist set up the system and then it's it's collaborative with the community
if because that's what I think is interesting, right? The band, the music, right? Yeah, because that's my point.
Jack Butcher, the artist, or is the generative artist built on chain?
It's a collaborative effort there because you have the actual musicians who had the vision.
But then I don't know if they're the same people that have made their characters.
I don't think they are.
But yeah, there's multiple people there and they're all artists.
Yeah, and that has nothing with AI, right?
That's just character development.
But that's someone that I, I think for us, it's probably the earliest form we saw of
this like dual character personality aspect, right?
Especially when it comes down to these like animated or anything like that.
And a lot of these characters, I mean, they're animated, whether it's anime or not.
I mean, it's animated through computer or CGI or AI, whatever, right?
So, I don't know.
I think that that's the interesting part, too,
is because we're going to go into this paradox shift of,
well, I'm the controller, right?
Well, you're...
Well, the character was made in my image.
And it's like, oh, well, now it's even weirder, you know?
Because people are going to fucking make their fantasies into these AIs.
And then, you know, it's just gonna get even murkier
Ah, let's just go through that guess that everybody on stage and then we'll finish up what I got pinned up top so
Slow did you have something to add or contribute man? Welcome up GM
How's it going guys? I forgot what I was gonna I was gonna talk about. But you guys are making me think that all of these betting platforms and shit, man, like have fun while they're out.
matter of time before either KYC or something happens because yeah there's
too many scenarios where this becomes exploitative and there's information
asymmetry and since you can be anonymous you can kind of and the government's
gonna get involved right there's so many laws and rules for running a casino and
and like stipulations for having a lottery like a real lottery right that's
why certain countries can't do it or you got to be
based somewhere all this so yeah i mean governments are going to get involved sooner or later too
character ai is already in some serious trouble for that exact thing slow yeah dude lottery shit
they do not play like that's one thing that a lot of people don't really think about but like
get caught running raffles on Instagram or something like that consistently.
You're done, bro.
That's federal shit that you're looking at because it's like they think you're running a lottery or a casino and it's illegal gambling odds.
And it just becomes a world of different trouble.
But anyway.
Yeah.
Yeah.
No, I think it's already wild that it got this far and that like Kalsci was winning that case about betting on that.
I mean, like the court cases that have recently gone through about this are still around the
election betting stuff. And I think it was Calci won that bet. And then poly markets now is being
made legal for US citizens. It's crazy that it's already gotten this far. I think there are going
to be someone's going to get hurt and there will be lawsuits and then there will be more rules. So I just don't know that it'll last that long.
And it feels even worse when like every other news story is about how the wealth inequality is so dramatic.
And that's the kind of scenarios where you can have people get really taken advantage of where, you know, yeah, you throw out a reward or a bet.
But it's essentially a reward to do something out there that's like, you know, taking advantage of people's people not having money
it just seems like it's gonna go pretty bad pretty fast but we'll see i mean pump fun already did it
oh i remember now the thing i was gonna say is uh that if you are still fiddling with alkane stuff
that thing's kind of moving forward uh there's not much you have to like pay for right now so like
i guess sign up it's pretty easy i threw it in uh the foundry but uh i can also you know what the i i mean i think this is two different things right there's uh alchemist and bunzee's project i know
he's doing the uh pokemon one right i have something to talk about on that but do you know overall what the issue was with Alkynes as a token standard I know that there's
a little bit of drama pushback over these last couple weeks and just kind of
a it wasn't what I don't know I don't even know exactly what happened right so
I was just wondering if you did because I was lost I I don't I was also lost I
was just commenting on how that I don on how Bunzy's project is moving forward. I haven't known that much. The only thing I've really been doing on there is, like with everything, all these BTC5 things have kind of blown through and it's kind of hard to tell whether they have lasting, like staying power, right? I mean, like fractals.
I mean, we don't even talk about that anymore,
but that was a thing.
So it's unclear whether any of this will go on for very long,
but, you know, do small things.
And then if something actually works out,
then you get paid out in the end.
But I don't know about the drama about it right now.
I just have a little bit in
there and uh and then have one of those airheads and stuff so it's just a just a small play yeah
no no i was just trying to understand because once again i mean everyone's fighting for mind
sure over there on the token standard shit right i mean brc 2.0s that should still not back at mint
with the first one acorns i think a lot of people were upset about that it not being what it was originally advertised as
right and then you have rad fi fucking down in the dumps seemed like it was
gonna be the answer it was novel tech etc and still dog shit so it's like the
you go through circles of it and there is, I mean, having a little bit of exposure to all of it as if you have that luxury.
Yeah, go for it.
But also understanding why people aren't gravitating to one or another standard is, I think, one of the most important parts.
Right.
Because is it the token?
Right.
Do people not like the RAD token or is RADFi as a platform just not what it is?
Do people not like Acorns, right?
The BRC, that specific one for the rats?
Or is it BRC 2.0 has a fundamental flaw?
So I'm just trying to understand on that end, right?
And try to keep up to date while not having to just throw money away
because I'm misinformed.
Yeah, yeah, yeah.
I don't know either.
I mean, in the end, you're making some I don't know either. I mean, it's, in the end,
you're making some bets on all of them. I think the ideal scenario, I think you were talking about
a little bit earlier, Chief, is like, get into a project, or I don't know, maybe main project or
something related to whatever these standards are, or whatever. And see if you can like,
these standards are or whatever uh and see if you can like in the ideal scenario there is a way to
yield farm for a little while and just let it just get some in there and let it ride and if it comes
back uh then i mean i've had enough scenarios where something looked like it was completely
dead and i just had like some amount of yield farming going on there. And I just was
like, I'll come back to it. Yeah. That happens a lot. Yeah. I mean, I remember last cycle,
there was a period where, for instance, some stuff on like Phantom had kind of died out and
everybody kind of forgot about it. And then it came ripping back. And if you had anything that was uh yield farming like those yields went from
being like you know 50 bucks to suddenly they're worth like a thousand bucks and and you know they
were you had already written off not only the position but like anything that you got out of
it and if you just let it ride you got like your position back and then some. So don't make huge bets.
Like if you lose it all there, then you've lost your chance to bet elsewhere.
But I like to try to find a way in these things and at least hold one of the main things on it and then try to yield farm a bit.
And Alkanes has a you can do some yield farming there.
You can do the yield farming on some of these other ones too, but I don't know.
That's just one going on.
The other thing I was going to say, I don't remember one thing I was going to say is everything
feels dead and I agree, but you know, like that shit turns around pretty fucking fast.
The other thing that's happening right now is all that tariff stuff is in court too. So like, could you imagine if you start getting rate cuts because they're afraid of
the labor market and then the courts overturn the ability to put in these tariffs with like the
quote unquote emergencies scenario, right? Like some of these were put in because of fentanyl crisis. And if
the courts are like, that's not a legitimate thing, then suddenly you have a bunch of tariffs
overturned and you're cutting into the labor because you're worried about the labor market.
And then things turn around real fast. So I don't know. Attention comes and goes.
I think Allison would say, yeah, you just got to have some conviction.
Or at least, you know, expect that your positions might not work out.
So just play some conviction plays.
Do some yield farming while things are boring.
And then when it comes back, don't be upset when you're sidelined and you miss some positions here and there.
Conviction, like 6'7"? Oh, man. Oh, man. you missed some positions here and there conviction like six seven oh man oh man i did
fit for espresso man i did not do that and i fucking should have i saw you post that and i was
like yeah i was getting shit from the trenchers that i did i didn't find it at 100 000 i was like
i found out 1.9 million what do you guys fucking want for me bro i didn't even know it was a meme
and then fucking binance tweeted that shit yesterday
and went to 30 million.
And obviously it's back down.
But like 6.7 is taken off as just like a meme.
And a lot of people are like,
oh, it needs to be on PumpFun to make it go viral.
Why is Bonk?
It's on Bonk.
Why are they even doing useless?
This and that.
Like they should do 6.7
because if you're going to have new people enter the space,
they're going to understand 6.7 more than fart coin or useless and so some people are trying to pvp it
back on pump since it's not over there because they feel like that would be a bigger price action
but i mean i started seeing it probably two weeks ago i walked into a bar and some kids it was
actually a fantasy football draft some kids were like 6-7 6-7 and then mcdonald's tweeted it i heard it on um
the live stream on uh friday when uh the chiefs were playing the uh the chargers uh rich eisen
which is a boomer they was on youtube and they had one of the youtube um content creators was
the sideline analyst um destroy i think he does like a football content and he was like six seven
and then rich eisen knew exactly that what it was people made a post on like a football content and he was like six seven and then rich
eyes and knew exactly that what it was people made a post on it a day before and then Binance
posted six seven yesterday so it's starting to like infiltrate into like regular pop culture
even though this meme is like super old and that was kind of the blowback was like oh I've heard
this for fucking years like this isn't a new meme and so I don't know it like a lot of people are calling it like chill
house or a chill guy vibes where you know this thing goes to 200 400 million dollars and this
is gonna you know when people come in they're gonna go into this one and some people are calling
it you know this is the top it's not gonna get any bigger because it's on bonk so it's just when
they start making nfts get out that's always the fucking marker yeah and it was just basically
me scouring tiktok fell and fell into this guy named mr lindsey and he's basically a school
teacher a math teacher in middle school and he basically every week he does the words that kids
basically say the most in his class and he was saying i can't get away from this word six seven six seven six seven and during the live stream i just pulled up his class. And he was saying, I can't get away from this word, six, seven, six, seven, six, seven. And during the live stream, I just pulled up all the words
that he was saying. And six, seven was the only chart that was above a million. And so I was like,
okay, this one looks powerful. And obviously it's gone from like a million last month to over 30
million in less than a month. So there's a 30 X there. It's just like, no one was talking about it. Sometimes you kind of, you're too early to some stuff. And I will, I'm not going
to lie to you. There's times where I've taken profit and bought back in and in and out of this
because you know, it kind of feels toppy, but I don't know, man, you talk about convictions.
Even if you have conviction, you have a thesis doesn't mean you stick through it till the top
either. Right. You just got to take profits along the way. And if you see a dip doesn't mean you stick through it till the top either right you just got to take profits along the way and if you see a dip you just buy back with your initial investment and
stuff so here's why i didn't get it express so it was you you sent that thing and it was a
high school teacher and i was like what do i care what the high school trends are how is that
going to translate in anything where people have money to bet on it yeah i was wrong you're right
it just starts there and then it goes everywhere
else stick seven weekend was last weekend i mean i don't know it does kind of feel a little toppy
but uh i don't know man i think uh new people coming to the space will identify more with
just like how they identified with chill guy more than they did with whatever the token was pepe at
the time so i don't know if they come in here are they
going to buy fart coin or are they going to buy six seven i don't know i'm betting that they buy
six seven not fart coin so so we'll see dude let's just talk about convictions obviously i'm
not a trencher but i think i got lucky on that one but uh i think we're gonna like uh you have
some things more you want to pin up chief and then you know we're kind of running over time here so
we could probably do that and kind of get going.
Yeah, I mean, I got it all posted up to the top,
so we'll kind of run through it.
First, Clayno's staking is open,
so if you have a Clayno, feel free to check that out.
That was dropped a day ago.
Next, there's a drop on Bitcoin by Weira, right?
This is kind of mixing textilesiles with genitive art so if
you're interested go check that out as well um rune links was a mint that we covered here on
the show gave away some spots too uh it was in a sense a big massive i guess lottery right um
a little i'm not gonna say fud, but things are not what they're explaining right.
Supposedly, it was a risk-free mint because if they didn't hit the soft cap, it means that
everybody would be refunded and they would just give all the items back. Well, they hit the UNO
wild card and they said, we're going to run it even if we don't hit the soft cap so i don't know if i
mean this is one of those things like i'm doing you a favor and it's like no bitch give me my
money back you're not doing me no fucking favors because now you just realize that you can still
get away with it right so anyway that's up there they're gonna run it anyway so that's up there. They're going to run it anyway. So it's unfortunate that they said it was kind of risk free and it's not.
But just keep an update.
Maybe this incentivizes people to buy more.
I mean, not too sure.
Meteora announced that their TGE is coming up.
Right.
So all the information is pinned up top.
If you were farming Meteora, I think that the best time was during that shitcoin phase.
Could have probably made a lot of easy points just setting up simple LPs or participating in that end.
Every time that we've ever had an airdrop or something like that, we've always guided you guys as well as, hey, there's different ways to make money.
Take your airdrop, go dump it into a
Meteora pool and just farm that. So if you participated in any of that, there was a checker
that went out, I think a couple of weeks ago, and the TGE is coming up. All the information is pinned
up to the top. And then, yeah, I think that's basically it. I mean, the rest we can cover
tomorrow. Nothing else too pressing. So today there was the Kong's airdrop. I guess I'll post that up to the top. Go claim your
Burger I was like 25 bucks and then yeah, that's about all it was so
Everyone's what's in like first come first serve too. So if you didn't get it quick enough, you didn't even get the 25 bucks
Yeah, I'm gonna post that up to the top right now. We apologize for the way things transpired.
Due to unprecedented website traffic, we were unable to handle a large amount of claims.
It was never ideal to have a first-come-first-serve claim, but due to the nature of the token being an existing one,
Being an existing one, it would have been impossible to include all the wallets in an airdrop.
it would have been impossible to include all the wallets in an airdrop.
It was our intention to reward people that have stuck around the space and onboarded them to the project that has believed in NFT since the start.
The vision for Kong has not changed and our focus for the CyberKong ecosystem remains the same.
So GG's, if you did it, these guys were the banana kings and now not so much
uh token is currently sitting at give me one second uh 17 mil and i mean had a slight I guess a little bit of life since its dumping spree
But yeah, did you did you see that a token move the Solana yesterday?
Talking about his apes was it just did they fully move to Solana or was it just a
Expanding ecosystem. I guess I guess and now you can buy it on both Solana and they have a campaign with a wall chain, right?
Yep, 100k can 100k campaign for wall chain so that'd be cool to see like mutant apes come over to fucking solana
or some shit i don't know dude did i see that lydia also finally did their drop yeah that's
all that too i mean that's kind of where uh MetaMask stablecoin is going to live. So maybe now that that's launched, we'll start seeing maybe some MetaMask incentive programs come out of how they're going to like,
I don't know if they're going to do an airdrop, but they had talked about incentive programs for their USDM or whatever they're building.
And they said that that stablecoin is going to live on Linya.
So the fact that they did their Tg would probably start seeing some more incentive programs
for metamask coming out here in the near future so yeah that's what i think it too
i think the meteora airdrop is underrated dude i think that's gonna be a cooker dude
i really do a lot i think a lot of people that got involved have a lot of money they're not here
just trying to sell tokens and if you've seen like all the big airdrops um like the trump token all been on
meteora so i mean it is one of the leading you know platforms for all these meme coins dropping
on solana so i could see this one kind of being like no one talked about it very rare people got
it but this is something that is kind of like print a lot of big semi for a lot of people that
got you and you had to know how to get it right it wasn't just
fucking be brain dead in a sense yeah you could have attempted that approach a couple times but
it would be ev negative right to just go in there and not know how to use a pool and just dump your
money in over and over so essentially the ones that did rake up the points know how to use
liquidity pools will probably grab a vast majority of their airdrop and slap it in another pool and eat off of fees off of that, too.
So just keep that in mind.
Good to see memes.
Yeah, you could see memes possibly take off of it, too.
Maybe that money flows into more meme coins and stuff.
Our liquidity pools inside memes.
Yeah, dude.
I mean, there's a lot of stuff going on in the space.
But like we said, we'll be back tomorrow.
We've got a few more shows lined up for you.
And I'll see you guys later.
I'll leave it here for Chief Dendit.
And I'll see you on Thursday's show.
Appreciate everybody for coming out to the TDA.
Appreciate the conversation for lasting a little longer, right?
Always open to do so.
Always open to have more people on stage contributing, allowing us to learn from you.
So thank you guys
we do this tuesday through saturday from 11 till about 12 12 30 central just depends on
conversation at hand and people on stage as always so after the show is over there is a thread that
goes out covering everything we talked about we know it's a lot of information so go through the
thread pick and choose do your own research any likes engagement on that, help grow the TDA brand and also bring
more opportunities. So it's TDA or stay poor. We'll catch you guys inside the foundry. Y'all
be safe. Have a good day and see you tomorrow. Thank you.
