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THE DAILY ALPHA♻️
Recorded: June 3, 2025 Duration: 1:20:01Space Recording
Short Summary
Circle's IPO and the Genius Act's potential passage signal a bullish week for crypto, while Trump's new wallet could reshape mainstream adoption.
Full Transcription
Thank you. oh what is cda fam we back new time same host appreciate you guys obviously it's a uh new time
and maybe people are less aware of that so today could you pretty pretty please
like and retweet the space i heard that elon told me if you like and retweet the space
then bitcoin will go up to all-time high again he said he texted me and told me and uh he said
no one holds bitcoin bro they don't want that yeah i saw that did you see that uh meta basically board members voted uh that they're
not putting bitcoin on their balance sheet or like not getting exposure to it isn't this the second
time i think it was microsoft wasn't it okay i know that some other big company had did the same
thing in the first time it was like a like overwhelmingly no it wasn't even a close thing i
think it was like unanimous or some shit like that what do you think the i mean obviously any board
member could come up with a proposal do you think this is more of a marketing thing or you think
there's like an anti-bitcoin sentiment in like these silicon valley board members dude like why
like with everybody getting involved with Bitcoin now being, you know,
talked about in states with strategic reserves,
why is this such an overwhelming,
like, 95% of the people vote for,
or, like, vote against it?
Like, is it just, like, boomers being boomers?
Or is it just, like,
they still don't believe in it?
Like, I don't know, dude.
Like, I think these board members
just need to get with the time.
And I don't think this should be at 95%, maybe at like 75%.
But I would imagine over the next 20 years, this will probably get approved.
And they'll probably do Bitcoin.
I think it's also how it's portrayed towards them, right?
I mean, it's one thing if you just hail Mary the word Bitcoin in there again
and just try to play on the fact that good sentiments around the word now right
it's another thing where you're like well here's the intrinsic value behind this and we don't have
to treat it like currency or we treat it like this or that or it's a hedge you know so i think
ultimately it's it can't just be uh what do you think about bitcoin today and they'll be like oh
well probably the same shit that i thought about bitcoin last week you know oh it's a or it's a lot more on the news or you know stuff like that but the
actual understand of the application i think that that's been the biggest issue i mean because once
again a lot of people perceive this as investing and to a certain extent, it is investing, but it's investing into a new system
for money, right? A new monetary system, a new economy. So it's yes, it's investing,
but not in the traditional sense of investing in, let's just say, a company or a business.
It's investing in a new ideal or a model of money is going to change from the way that we know it today
Into that and a lot of people don't see it as that right a lot of people say it as well
I don't have a hundred bucks to lose
Or I don't see it as a hundred bucks. I don't have a thousand dollars to invest right when in reality
It's like look you get to buy money today
Before money becomes money. Would you like to do that? You're gonna need it anyway
Do you want to get money now or do you like to do that? You're going to need it anyway. Do you
want to get money now or do you want to get some money when it's time to come and cash in your
other one and redeem yours, right? So once we start seeing that shift of, hey, it's actually
a monetary system and not just an investment vehicle, I think then you get in the second wave
to kind of really kick it off. I just don't, I mean, we've seen businesses like MicroStrategy and MetaPlanet
that have Bitcoin on their treasury
and it kind of adds a fuel to the stock price itself
when you do do that.
So I think there's a reason there,
but I also think these people are protecting their bags.
A lot of people that are shareholders into this company
are probably heavy in gold and heavy in other things
and they just don't want
in real estate and stuff like that. And they're trying to protect their bags. And like, if we
give this more exposure, then my bags will have to go and I have to capitulate and sell my gold
because this is going to be the next digital gold. So I do think these people are probably just bag
bias and just don't want their investments to go down with the kind of the new kid in town kind of
taking a lot of the attention these days.
So I do think that's kind of what's happening here.
I just don't see the reason why they wouldn't get involved with all the benefits lately,
especially in this kind of recessionary kind of people thinking recessions come in
and like fluctuate like the currencies in general kind of fluctuating.
The people that have had Bitcoin in their treasuries have outperformed all the other stocks.
So I don't see why Meta wouldn't get on board.
But you have President Trump basically just announced to hold their trade talks with President Z.P. on Friday.
And I think the reason why we have we have a pretty bullish week in general.
Last night, it was announced the tariff delays for China.
It's August 31st on certain Chinese goods.
So U.S. Trade Representative has extended Section 301 tariff exclusions on certain Chinese goods until August 31st,
previously set to expire on May 31st.
This applies to select product categories, particularly those related to technology,
categories, particularly those related to technology, intellectual property, and aiming
to reduce import costs for U.S. businesses and sectors like tech and real estate supply
chains and potentially easing consumer prices.
The extension began at 12.01 a.m. Eastern on June 1st.
However, it may delay resolving broader U.S.-China trade disputes, maintaining some reliance
broader U.S.-China trade disputes, maintaining some reliance on Chinese imports.
on Chinese imports.
Separately, the 90-day tariff reduction agreement, lowering U.S. tariff on Chinese goods from
145% to 30, and Chinese tariffs on U.S. goods from 125% to 10, is set to end on August 14,
2025, with tariffs resuming thereof after further negotiations. So I think we got all the
scare last week. We're not getting really good trade talks. They've been pretty biased, this and
that, and it's not going great. And then we got this yesterday at the middle, kind of at late
night, and China woke up and started buying. And we pumped off our bottom at like 104,000. And now
we're up to 105, 106. So that is probably the reason we had a nice little pump. And then woke
up this morning, people are realizing just Circle. USDC is IPO-ing this Thursday. And you see a lot
of the coins that are associated with stablecoins and DeFi pumping off this news.
So Circle IPO this Thursday.
Major firms, including BlackRock, have signaled strong interest in backing the firm's IPO process.
Circle has upside its plan for initial public offering and is now selling 32 million shares of Class A common stock between $27 and $28,
of Class A common stock between $27 and 28,
up from an initial offer of 24 million shares,
priced between 24 and 26 per share.
This morning, I was kind of looking at people interested.
There's been rumored that BlackRock
is going to invest like 632 million into this.
Mark, Kathy Woods, investment firm,
also looking to get involved with this. So
they're going to hold maybe 5% to 10% of all equity and shares in Circle. And I mean, Circle
is huge. USDC, stablecoin is going to be the top of the market. And then also the double
whammy with all this stuff is the Genius Act, which is the stablecoin bill, is set to pass this week.
It's in the Senate.
I did post an article last night from Politico kind of talking about how it is kind of hitting
a stag right now.
Basically, what's happening is credit card companies are trying to implement some kind
of fee structure inside this bill,
and it is causing the bill possibly not to pass the Senate.
I'll pin that up for you guys if you guys want to read this from clinical.
Credit cards could blow up a carefully crafted crypto compromise.
So a landmark crypto bill is finally ready to pass in the Senate,
but now is at risk for getting nuked by the last minute swipe fee war.
but now is at risk for getting nuked by the last-minute swipe fee war.
Senate Durbin and Marshall want to track on a amendment
forcing Visa and MasterCard to compete on fees.
A move that could split the GOP support and kill the entire bill.
Pro-crypto lawmakers are scrambling to block it.
Key votes coming this week.
So you have the IPO of Circle, which is going to be huge.
And then you also have probably one of the biggest
achievements, crypto legislation going through the very first one, the stablecoin bill that also
could pass the Senate this week, which will be a double whammy, plus Trump having negotiations
with P on Friday, Xi Jinping this Friday. So a lot of bullishness in the market macro-wise,
and we kind of sit here and wait for the governments and Trump to do shit.
And this week is full of just kind of those announcements.
And I've seen a lot of traders open up longs.
I've seen a lot of people bullish as this is kind of the next ammunition or gasoline
to kind of get us to trying to crack that all-time high at a 111K on Bitcoin.
So I do think this week's going to be pretty bullish,
especially if we can get that Genius Act passed.
So definitely, definitely time to lock in,
get some things on the table.
And I think this is it.
I think this is where we got to get the ammunition.
And people have been talking about 133K by July.
I don't know if this is where we go right now,
but I do think we might attempt to
go back to 110 based off these news events this week so that's what i'm looking at lord what up
brother how are you okay oops it's good day everything's fucking sending stable that means
bitcoin puppets too i mean i don't know if you saw but cnbc did and uh they made it
it was crazy how puppets were on the news you ever heard of them the news we were on there
did it pump the price at all i mean yeah it pumped the price puppets are up like 10 that's 100
because the normies saw and bought puppets with their stable coins bro yeah
that's literally what what it was i did nothing it was really funny though it was like a stable
coin article and then just a big old cute puppet on there yo dan held was arguing did you see that
he was like oh congratulations we had a wizard hat last year i'm like damn but the wizard had
didn't make the news see that's what i was saying he said it was uh he said it was boring i you know i just i can't with all these
money dude we're in such a niche little tiny space and these cucks all right uh they just can't
support anybody it's it's fun though i don't care you guys had a wizard hat we had a big cute puppet
i'm sorry that people like big cute puppets did Did the wizard have a QR code to go strictly to the collection?
Well, it was boring, bro.
It was a boring marketing campaign.
They had men showering with other men.
You know what I'm saying?
You know what puppets have?
No money.
No treasury.
It's June.
Come on, guys.
It's June.
Showering men's okay.
It's fine.
I can't believe a VC-funded project thinks project thinks the Bitcoin ecosystem is looking good right now
I mean ultimately we've seen weirdos kind of really leading the rally since they minted out
So gg's anyone that did that they sat for almost a year
How about that? Um, and then on top of that, too, you could have minted 20 of them for free
Uh, just pay platform fees, but they're now cooking and sitting at roughly about $100 a piece.
So GG's to anyone that participated on the Weirdos.
Someone swept up 40% on the day.
Someone had swept, I think, roughly about 50 or so,
two or three days ago.
And that kind of really started the,
I would say the run or just adding more fuel to the fire um puppet presence in vegas uh helped with a lot of established collectors go back and
pick up another puppet just due to the fact of hills wanky and just everyone's kind of tenacity
out there and just showing up no matter what um and so that really added fuel to the puppets fire. So puppets up 20%,
weirdos up 40%, OMB up 7%, world peace cards, right? We talked about those.
I think Matt called them in our group, right? It's being ran now by Beans, basically a CTO.
And these are community ran incentive and I guess initiative to just
produce more puppet art right so they go out they contact an artist he does a specialty card for
them right vandals done a bunch and then you just they sell it out through an addition they have a
puppet platform that's kind of I guess you'd say puppet platform but it's open
for everyone it's called ordex but those are up a hundred percent since the cto um yeah man i mean
if these keep running the play you want to look for is opium right when opium and pups get too
close which right now you got pups at 0.044 and you got opium at 0.054, right?
So it's a thousand dollar difference, roughly, give or take,
for go from the Genesis collection to ultimately one that's a little bit more liquid, right?
But it is the second collection in all of this.
So if you want to bet on the ecosystem, opium is pretty good.
And eventually these,
these gaps will stop,
right?
It's just that people don't obviously want more,
more price action and puppets have more price action.
Opium are just the premium collection.
Opiums will get flipped by pub.
It like always happens.
And then you're going to see like people just flipping puppets into opiums.
And yeah,
as it gets,
probably,
you know, probably good to have some of those those also because those are usually the last ones that
it funnels into once everything else pumps how many said i mean i looked to the collection last
night it kind of seems like a bunch of the cards kind of look similar is there like five or six
cards is there a card that's better than another card would you suggest like a whole collection
the world peace cards yeah i don't. I was looking through it just briefly.
So that's just like all different artists and stuff.
I don't really want to even make like, yo, these are better than these.
These are better than those.
I don't think it's a play like that.
Yeah, it's not a play in a sense of like, buy this card and it'll go up.
Maybe these could be like, I mean, I think the closest thing to this would be memes, right?
By 6529.
Or you could think of these as like fake rares and rares, right?
It's under that similar kind of guidelines to where, hey, this is the set theme, and they just get a bunch of artists.
So let's just say you like Vandal.
You can go in there and just buy up all of Vandal's cards, right?
Yeah, I would go by, like, the artists you like and then, like, whatever art you like, right?
I guess, like, some that have, like, less like less editions might you know end up being more rare but it's
like they're all different artists and all different like sizes and shit ordex is uh
also has like their own things that are actually like tiered i think there's like a founder's card
and like all kinds of shit there but that's decentralized right and uh uh permedia's like
run that actually bullish i'd heard they're like bringing in
a bunch of different features in there it's kind of cool because you can like mint in eth like with
an evm wallet they're like they have that feature going on there so i like what they're doing but
more puppets building more shit basically it's fucking what we're looking for another like a
baby pups or something or is that the speculation or just no it's just art bro just
art so it's going down it's going to zero once we all stop forgetting about it then yeah yeah
everything's going to zero bro do you ever think there will be like i mean i know there's a lot
of derivatives we have gizmo we have uh lagasi n or whatever i mean i guess the puppets themselves
are a derivative themselves do you think there will be any more maybe dilution events with the bitcoin puppets in the future or is that kind of like i i think
that like how this works is that no i i think like it's pretty much as it gets opium puppets
and like yeah there are other direct projects people are going to make derives it's vpl viral
public licensing right so like um but there is like i'm not gonna lie there is like a lot of
puppets who are just like over people just basically taking like
the puppet IP and just like dropping a rug.
So there's been a lot of talk of like, you know, like if you're going to do something,
like we need to start being like, you need to support puppets, bro.
Like at least do something or like donate to somebody that's building there or to the
puppets fund.
Cause like Hills does a lot, bro.
Like that wasn't the whole Dan held thing where he was saying it was like boring.
And like, it was a derivative of like the wizards um marketing thing the reason
i was so like not triggered but just like what a gay lame motherfucker is because like there is no
puppet team or treasury so like if you're gonna use the viral public license it's probably just
a good thing to maybe like give some money to hills right who like organizes all of this
shit and makes it pop off at like every event um but yeah that's kind of like the general consensus
i think around puppets is just like mainly if you're going to use it probably give back right
um and but there will be more rugs and derivatives and blah blah it is what it is but yeah
nope yeah i was just kind of curious uh to be honest um just to let you guys know like
blackrock um sold a bunch of their bitcoin for ethereum this morning so what do they know i mean
maybe they're playing this whole stable coin thing in the pixel bro yeah maybe i was thinking like
stable coins in general if that's a meta
you would think that ethereum which is a big defy protocol would kind of get an upswing so maybe
they're swing trading the fact that they think the senate bill will be passed and they want to
get more exposure to eat yo i'm all about that bro stable coins to five dollars i don't know who
they need to call but push that i think it's it's Borsa, right? We're going to see
a crazy ETH month.
We just will, right? I think we're waiting on
Bitcoin to 120K, in my opinion,
and then I think other things just
start going insane.
I don't know. I'm bullish on ETH, dude.
I'm bullish on Sol and ETH, to be real.
Maybe Sui. I don't fucking know, but they're
seeming to get some good traction, I guess.
But yeah, whatever. Yeah, just to kind of, you know, Black know but they're seeming to get some good traction i guess but yeah whatever
yeah just to kind of you know blackrock they they're pretty much the the government the world
government and the fact that they sold their btc for each makes me feel like they have some insider
information that is about the pump based off you know this ipo and also the stablecoin pass being
act uh act being passed so just kind of looking between the lines there
and suggesting, you know, if they're doing it,
there's probably some smoke to this fire
that this genius bill is going to be passed this week.
And I do think that's going to be huge.
It's probably one of the biggest crypto achievements
we've had so far.
This is the first bill that has been passed
by the Senate that is crypto related.
And so I do think that's going to be on the mainstream news and will be like
touted as a huge accomplishment for crypto itself.
I don't think anybody would sit here five,
10 years ago and think this would ever happen.
So I do think that will pump the price pretty hard.
And then were people fucking donating to James Wynn yesterday, bro?
Were they expecting like a stable coin or like a mean point to all the
addresses that sent? So he, no, no he he got rinsed bro and then like he put up a donation address he took a bunch
of money and they like ported it right into hyper liquid and fucking long the fuck out of it um
that guy is a fucking degenerate he also like fucking rugged a coin or whatever like he dropped
the meme coin rugged the meme coin left it it win tardio bro that guy's fucking cook donate i guess the whole the donation thing is speculating
hey if i send some money to him he'll drop another meme coin and airdrop it to my wallet
i was like wow you guys are really down bad um and then james win is up 783k on his bitcoin long he is now down 99 million instead of 100 million i think his
liquidation price is 104k and so not great to put yourself out there no that's not very good like
the pianist though he like this guy just i know he really knows who he is right but he was like
rugging all kinds of shit back in the day he's just one of those guys that made a fuckload of money just dropping art and doing this isn't that rugging coins you
know from the trenches and then paying back trying to be a big old fucking leverage trader
he's already doing the bend he's probably getting money he's probably getting money from hype from
the foundation itself it's bringing ice to the platform people are trading with him or against
him on the platform to liquidate him and that's it they're eating on fees bro he's a literally
marketing stunt it's wild do you think the cz proposition of these dark gold decks would be
something that would be beneficial to people like james to not get hunted for his kind of
stop losses and stuff if this is all kind of on a chain that no one can
view if you're trading or not. I mean, it would be more centralized. And obviously, something like
Hyperliquid is as decentralized. This will be more centralized. But I don't know if you guys
kind of saw it. So he's basically suggesting Dark Pool Perpetual Dex, a private trading platform
where large traders are hidden to protect users from front
running and MEV attacks. On traditional Dex, everyone can see your trades in real time,
even 1 billion orders. That opens the door for manipulation and liquidation attacks. Dark pools
hide trade size intent and making it harder to exploit. There are challenges with this idea.
They're hard to balance privacy and variability need complex texts like zk proofs
are encrypted matching and regulatory concerns about transparency um so obviously cz's kind of
seeing this and seeing like oh guy this guy's on chain and everybody's trying to hunt him probably
not great for the price maybe i could create something where he's probably cried you didn't
see that he tagged cz and was like please dm me he probably cried you didn't see that he tagged cz and was
like please dm me he probably literally told cz he's like brother have you been seeing what
they're doing to me on the timeline I need you to do something brother please he wants this shit
though let's be real like what you want sell this fucking you know clout and people talking about
this is all part to promote this like they're like we'll get we'll fund you, James. You go out there and make long trades.
On the other side, we'll hunt your stop losses.
We'll create a great marketing event, and we'll promote this fucking DEX, this dark, full DEX.
This will all be a big marketing scheme, bro.
This is all big, like, let's try to create a problem so we have the solution and CZ has a solution, right?
This is like all a false flag.
This is how false flags work.
The government creates an issue
and then they come to the savior with a solution.
So I do think this game's win thing is very suspicious.
And the fact that he has all this money
and he's asking for donations.
Like, why do you need donations, bro?
I thought you were fucking a millionaire.
And so, and then him tagging CZ
and then CZ having an initial response.
I'm going to build this.
Kind of seems like this was just a big marketing
sent by fucking finance and CZ in general,
bro.
Yeah.
I just think that someone,
I mean,
ultimately he's playing with scammed money.
So I get that could be the answer to why he's being so loose with it.
But at the end of the day,
I still think that someone is taking advantage of him wanting to be main
character or being able to ride that coattail.
And, you know, ultimately the infamy
is there.
Yep.
Just kind of
kind of all kind of crazy.
I'll be honest. And the fact that you
guys sent, like, I don't know if that was right.
Like, people sent, I don't know how much money it was.
It was a lot of money, dude.
It was a lot of fucking dude it was a lot of
fucking money that's sent to him so i want to support this guy but i mean you guys support um
paulie when he drops to deal with it so i mean if you've made people money in the past and you're
gonna make people in the future it doesn't matter if you scammed as long as you make people money
in the space apparently so shout out to paulie coming back and dropping some sunglasses on uh
lunch and he sold that
so i think that's what the interesting thing is yes he actually auctioned off that ip that he owned
right and so you could have gone and bid on the ip itself and then it came in the form of
you would get a token and you'd be able to do all of that but yeah he basically sold the ip
or that was his approach of well i own I own this IP, I own this brand.
Let me, instead of dropping another coin, sell it to someone, which was probably him too.
You know what I'm saying?
Like, this is all just theatrics.
And I don't know why we're jumping through these extra steps.
But yeah, according to him, he sold it as a brand and as an IP.
And then they launched, the new team launched the coin.
Yeah. as an IP, and then they launched, the new team launched the coin. Yeah, and just more fuel to this ETH, just, I forgot to mention this, just the ETF inflows
on Ethereum are going berserk compared to Bitcoin. So Bitcoin's ETF saw $267 million in outflows,
while ETH's ETF inflows saw $78 million in inflows. Ethereum is outperforming Bitcoin in
price action as well. So it simply seems like there's something going on. And I think a lot
of people are looking at the same things we just mentioned. It's the IPO of Circle and it's the
Genius Act being passed today. And people want to get Ethereum exposure because that's kind of
the main use case for DeFi is Ethereum and those Ethereum protocols. So that's more proof to that pudding that it might not be bad to get some exposure to some stable coins, some stable coin protocols and just Ethereum itself, especially if this stuff happens.
Yo, Rekt instantly sold out on public.
So, I mean, GGs if you manage to get it.
It's up a whole .01 ETH. is that up? That's it's up like 40 bucks
so selling for a
little burger profit a little nice dinner whatnot, but
Yeah, if any of you guys participated on the rack, this is their newest flavor that was dropped directly on open C
Sold out damn near instantly like I said a lot of it almost 98% was taken in a
Presale and then the last little bit was on
Mintout it's collection of
3750 and
Yeah, I think there's supposed to be a token
I mean you get an allocation of some red coin and all that kind of stuff too
So if any of you guys are interested in that just go check it out uh it's on up at sea i can't mute can you mute i can't mute
you can mute you can't mute bro can you unmute lord i can unmute oh I can't mute. Damn, I'll come back.
That'd be kind of annoying if you just hear me walking and talking.
These faces are cooked, bro.
I'm just going to say it.
We've been saying this for years, but fucking fix it, bro.
We got encrypted messages now, though.
You just need to sit, bro.
You just need to chill.
You know, that's the move is to be home and chill.
Make sure you're at the battle station.
And then you can move around after.
Pitting up to the top while X is taking a lap.
Abstract badges, right?
We've been keeping you guys up to date on those.
It's just a guide.
There's 26 of them now, right?
And it's now since gone up.
I think three or four of them since it all ended.
I know there's the Formula One racing badge. And a couple other ones that have since popped up i think three or four of them since it all ended i know there's the formula one racing
badge and a couple other ones that have since popped up so for anybody that's doing that abstract
grind go check it out uh stats are pretty interesting right total abstract wallets with
at least one badge that means that you transferred money in right activated your wallet that gives you one badge and then it
shows total badges actually minted right oh no that's actual total badges minted
period which is four million so percentage of people with actually one
badge is only 28% so a lot of people are signing up for abstract and not even
transferring money in or using the portal so make sure you're at least using
the portal and checking it out
and then it does another chart breaking down just the quantities um only one person holds all the
badges uh then you got 10 people that hold 25 64 that hold 24 uh and then 145 that hold 23 and then
progressively goes down some of these badges um like the socks right
they're quick activation you can go pay the 0.3 or whatever get the socks inside your inventory
and then you get the badge and then boom you're ready to go once you claim it then there's other
stuff that you know it was a flash badge that you're going to have to try to buy it off of
secondary which you can buy all of these badges on secondary um if you actually want to acquire them all so that might be a play too i mean i
don't know if maybe find the one the badge that was claimed the less go on secondary dominate
supply and just corner boy it i mean that could potentially be something or making full sets
right now is probably cheaper than it will be closer to TGE. TGE is only supposed to
come in Q4. So just something to keep in mind also. I mean, you got a while, right? So people
are going to forget. People are not going to care. This is going to be a lot to kind of play catch up
with. If you try to do it right before TGE, it'll probably cost you a grip. Let me see if I can get
X up here. Boom. And we'll get this going but yeah i got everything
pinned up to the top for you guys uh i mean i don't have too many but i think i have like 10
12 um but yes and xp was distributed earlier today go check your portal to see how much xp
you got for the week um granted every week it's a different metric if you're actually
interested in that um check out the space that we did with raj from the abstract team he gave us
the lowdown on that and we even saw one of his top picks hit the front of the portal and go live
which is moody racing so boom if i can send them the invite we'll keep that going another thing that's on abstract that went
live and just kind of keep it on theme to this is on chain heroes 2 a lot of people had awesome
time and made a good amount of money on on chain hero season one it was really what quote unquote
luca's words right saved abstract as it brought a lot of eyes, had people bridge over, and it was probably the most profitable kind of generation event for them since the chain went live.
Season 2 went live two days ago.
There are multiple assets in this ecosystem, and it is an idler battle game.
So you just run it in the background and you're passively earning
money something to keep in mind right uh the genesis rings right which are just basically
think of that the genesis id um they're on eth and then all the other assets from the gachapon
tokens to the weapons to the actual heroes themselves are on abstract so if you want to play
you don't need all of the assets you only need a hero the one that's actually on abstract that's
sitting at a 0.25 and then you'd want to get yourself some type of weapon to give you an
advantage so a lot of people are playing that right now it's probably the talk of the town and
they're going i mean they're going pretty hard they were waiting for season two right uh 11 million hero has been spent
or burned basically 30 000 weapons have been sacrificed 15 legendaries have been remixed
and two mythics have been forged uh if you think about it like this, the weapons are at .01. So, decent amount of weapons, right, of money actually spent on this.
So, check it out.
300 ETH spent and worth the weapons, right?
So, I don't know.
Check it out.
It's worth.
People are making money and they're burning money to make more.
So, let's go.
Do you want to, never mind that was that was tough just the whole burning of the fucking nfts on the on the wallet dude i don't know if anybody
wanted to get into just that so people don't make the same mistakes never mind um what about the clannosaurus mint that just that just wrapped up dude over 95 k mints yeah that's huge
19 million yeah i'll pin that up to the top that and then the reveal is also just dropped a couple
minutes ago they said the reveal will go live june 5th so two days from now at 11 a.m eastern
what a crazy cook i mean i know they're not going to get all 19 million of those funds but at 11 a.m. Eastern.
What a crazy cook.
I mean, I know they're not going to get all 19 million of those funds, but Jesus.
Crazy success having 95K
of these things minted.
$200 a pop.
Obviously, if you didn't get a popkin,
you're going to get your money refunded.
But man, what a great success.
Wish, you know, almost 100K people had minted,
I guess not people, but wallets had minted these.
So shout out to them, man.
25K collection.
I do think you could possibly pick up one you like
for probably mid price.
I think you'll have an opportunity to get in,
especially people, you know, throwing things
if they didn't get a rare and throwing them on the floor.
But man, these things are cute.
These things are interesting.
And just, like, it's a massive collection size.
So I'm thinking, like, this probably has something to do with the game.
Because if you're going to have, like, a game or something,
you probably want to have a lot of ways to get entries into play that game.
And having 25K could ultimately be, like, a pass or some way to play, like,
a game that's on Sui Play or something like that.
I don't know.
I think it's, like, what was the point of 25 of 25k i mean they're going to do a burn or these are kind of ways to get access to like a
game or something and you don't want like 5k passes for a game you want to have that you know
widely available for everybody to get in at a price that's kind of seems affordable and having
25k these kind of seems like they maybe be building something on sui play these kind of
look like angry birds a little bit so i think it does kind of match up they maybe be building something on Sui Play. He's kind of looked like Angry Birds a little bit.
So I think it does kind of match up for the gameplay meta and gameplay characters.
So I do think there'll be more to this.
I think it would be stupid for them not to be building some kind of game
that's kind of portable or operable with the Sui Play in the future.
So I don't know.
I do think these are cool.
Definitely probably going to pick one up once I see them on secondary, man.
Did you participate? Anybody participate in the mint?
You didn't get any at mint?
Nope.
I didn't mint any.
I was going to wait until I kind of see what secondary looks like.
I'm kind of suspecting that we might get some for under mint.
I don't know.
You 100% will get some from under mint,
but you don't get any of the rewards that come with minting
because they come with
Allocations of like items and tokens and reward. Yeah. Yeah
Yeah Um, yeah pinned up to the top you got by dance teasing hyper liquid will be available by dance us
Teasing that hyper liquid will be available
Coming soon for spot buying so anyone that's interested or looking for a catalyst event
either up or down right think of it that way because finance listings in the past have been
could be bullish could be negative right the last year or so they've all kind of been shitty
but i think that hype's been out long enough to not really just automatically tank because of it
right but think of it like this too is when hype
airdrop does drop this is now another primary exchange that it can be offloaded on and then
just talking about hype um interesting metric that's been going on recently and that i saw
from defi llama top 10 protocols where holder revenue is actually up in what it is in the past 30 days.
Holder revenue is a portion of revenue distributed back to token holders through buyback burns or direct distribution.
You got Hyperliquid at the top.
Holder revenue 1.5 million.
You got Tron at number 2. Holder revenue 1.5 million you got tron at number two holder revenue 1.4 you got pancake
swap killing the game i didn't even know that this dex is out there just doing this but giving away
900k to holders you got eth at 729 probably to validators because it's going through the chain. Aerodrome, 230k.
Bera with its bribe system, 180k.
Radium with its DEX, 84.
Shadowbridge, 56.
Solana with 134.
And then Boop.fun.
Actually making the leaderboard for the top 30 days of redistributing the most of the money it's
taken in right boobs just fee structure is that but top 10 out of all crypto markets in the last
30 days sitting at 7k not necessarily impressive in that sense but compared to the fact that no
one else is doing it and all you need to do is give back 7k and you make the leaderboard
that's a good metric so just thought that that was
interesting make sure that you're in the right place where the chain itself is kind of paying
you to be there right i think that that's one of those things that you may not always have exposure
to what's getting paid out but it's clear that the chain is paying people some way some shape to use
it yield farm on it whatever it may be right so dope metric did you see trump
just announced he's launching his crypto branded wallet and trading application
oh my gosh so president trump is planning to launch his own branded bitcoin and crypto wallet
the leader of the free world embracing bTC. What a time to be alive.
President of the planet launched his own branded Bitcoin and crypto wallet.
So I guess like oil wallet and Arthur Hayes isn't the only one getting into the mix here, dude. I think you go on their website and join the waitlist right now.
You can go to the Trump wallet. Join the waitlist. One million in Trump rewards. Be the first to get the Trump wallet, the official Trump wallet.
You can put your email, your phone number, and your X handle.
I agree for this privacy and terms.
Join the wait list.
Was that on your bingo card this weekend?
That Trump was going to launch his own Bitcoin wallet, bro?
Would you use his Bitcoin wallet?
Would you use his trading platform? Would you use his trading platform?
He's creating his own hyperliquid, apparently.
Who isn't?
But isn't this all Eric?
I don't know who it is.
It's Trump.
And they're offering Trump coin.
Part of Trump coin rewards for it.
So it's probably just another sink for the trump coin a lot of
people are associated with this trump coin obviously they're trying to create a metaverse
monopoly game now they're creating a fucking sink for a wallet so trump is the biggest
scripter of all time he literally tanked all the markets and now he's just gonna fucking pump it
crazy dude it's fucking insane i'm not using it but pump my bags bro
i just think that's what's gonna happen he's just gonna keep that's why he's being sued he's being
sued by regular people saying that he wasn't allowed to do what he did to the stock market
fuck him bro a kid dude i don't care he fucking tanked that shit and now he's gonna send it his
whole term and be like look what i fixed with that part well didn't he just drop world liberty
finance jobs drop like
their own stable coin so i mean you'll probably use this trade platform and you'll be able to like
import your world liberty finance stable coin in and trade that as a pair on his perpetual trading
hyper liquid dude oh man i mean we had fucking 10 years of the government coming after everything
crypto and then we're like oh we want to be free we want people to build and then we have someone Oh, man. I mean, we had fucking 10 years of the government coming after everything crypto.
And then we're like, oh, we want to be free. We want people to build.
And then we have someone building. And I guess because he's the president, you're like, oh, this sucks.
He's this is a grifter. But I mean, this is just opening the floodgates.
He launched his own meme coin. He's launching his own metaverse.
Now he's launching his own wallet.
He's going to get more people with more capital comfortable to coming here.
If the fucking president is doing it, then you're going to see people from other countries,
especially if there's some kind of regulation that there's like you're tax free for building here.
I think that's just obviously they want they see kind of the smoke here and they want to build crypto here in America.
And so what a great way to advertise that than having the Trump being Trump being like watching all this stuff.
So Chief, you just had connection issues on the phone, which I imagine that's why I couldn't mute earlier.
So you want to go run up there and do that.
But yeah, we're getting what we we're getting what we wish for, guys.
We're basically getting the most influential person in the world building crypto products.
And I guess this is what we expected when he was going to be president.
I guess we didn't expect him to launch a meme coin or launch his own wallet,
but we expected big people to start building stuff in crypto now that kind of the regulation
and kind of the operation choke point has kind of been succeeded by the previous regime.
So be careful what you ask for, I guess, is what we have here, dude.
This is nuts.
This is crazy information and it's just popped up.
I think I'm going to join the wait list just to kind of research it
and kind of see where this goes and stuff like that.
But, man, that's nuts, dude.
That is fucking nuts.
Would you trade Bitcoin?
If they were able to list Bitcoin pups on there, Lord,
would you trade on it, bro?
It'd be the first place to the long and short pups, bro.
I'm sure that you would get on there then.
You could trade ordinals on there.
You could put pups on Wasabi.
I got a Wasabi vault that's just getting XP,
but you could long it fairly there. Now I'm not trading anything on there you can put props on wasabi i got a sabi vault that's just getting xp but i you can log it barely there but now i'm not trading anything on there bro i'm also not
trading just got listed on trump wallet you will be running with that to the
fucking i'll be tweeting the fuck out of it i'm not gonna be using the platform but any
put pups anywhere i'm gonna fucking tweet it bro but i'm not gonna put you would be trading it on
there dude i would i already see the screenshots of you fucking having to long on that bitch,
like pressing the button on a video, dude.
Yeah.
You could long and short dog right now.
I don't talk about that, but you could do that.
And then you can long and short pups on Wasabi.
It's like not that much, though.
Not by much leverage.
But if it was on Trump's platform, I'm retweeting the fuck out of that.
I'm tagging Trump.
Oh, world peace, world peace, world peace. Am I going am i gonna trade it there no i'm not using our platform but
i'm gonna fucking of course of course dude puppets puppets pups everything puppets everywhere and if
you guys wanted you guys wanted sex listings you guys wanted trading and trump has been listening
to you i don't want sex listings i don't want anything i'm gonna be real dude i think i think
all these rooms i think all these rooms motherfuckers are retarded.
I don't want any of that right now.
I want the volume to come back, and then I want all of it.
People want it.
The only person that wanted an exchange is Leo, bro.
No one else wants that shit.
He can lead the way.
Let him have it.
Yeah, dude.
Lead the way.
Send your shit to billions, and then fucking pump the rest of the back.
And then everybody else pushes you.
You can't even lead it to anything, bro.
I mean, it got to like 500 mil again.
So that's what I'm saying.
Like, just throwing this...
The sentiment is, bro, there's no one here to send shit.
Like, who are you going to send it for?
It's not RuneJune until I see multiple billion dollar runes, bro.
Like, that part, okay?
If I see multiple billion dollar runes we are back and until then
we're not back bro we're not back it's just stop saying we're back we're not okay so what so he
launches nft he launches a meme coin he uh he launches his own wallet when trump chain bro
from chains probably that's probably a real thing i'm not gonna lie like why wouldn't right that
has yeah why not dude why not you dude? Why not? Trump coin,
you got to fucking play that Ponzi out.
And then after that,
what do you do?
You make Trump chain
and then you can interact with Trump chain
via Trump coin on your Trump post.
Where all his NFTs lie.
Bro, I'm losing brain cells listening to this.
Like my brain cells are committing seppuku.
You know what's going to happen?
Who cares about Trump?
No one.
No one cares about that dude.
I love that motherfucker, bro.
That's my president.
What are you talking about?
Nah, that's my president, bro.
Let him do whatever he wants here.
But yeah,
he needs to buy a Bitcoin puppet.
Go into what you don't give a shit about,
which is Sonic.
Go ahead, Chief.
What?
No, I don't care about
following KOL narratives, bro. Anytime anytime i brought up sonic you said no
one gives a shit but now you're bringing up the airdrop go ahead i i don't i'm bringing it up
because there's an airdrop i mean it's opportunity plain and simple so anyway back to what i was
saying or i mean if you know do you know how to do it all or do you want to share about that? No, I don't know anything about it.
It's 25% liquidity, I guess.
Quarter of your allocations would be instantly.
And obviously, we talked about the NFTs being tradable.
So 75% vested and the rest over $270 would be tradable as NFTs with early claim burns.
And I think that's where we talk about those shards that came out last week.
I do think these will possibly be some way you get more points.
And we've been talking about how the Sonic airdrop is sometime in June and it's June.
So I think, you know, I think you, how many, I think you need over like a thousand something
points or something like that.
And when this goes live and people have started doing the calculations on the points, I think
those shards will get, be some kind of point allocation. So you can get over the threshold so you can get the airdrops so
i mean this is what we've been talking about for the past two months like keep your eye on this so
we're talking about the conferences we're talking about no one's talking about sonic
like this is something that's not have doesn't have a lot of attention i think once the point
structure comes out for the threshold for the airdrop,
people are gonna be scrambling for those shards
to get points to get over the threshold
so they can't get the airdrop.
So I think it's bullish.
I mean, really not a lot of attention's over there.
Kind of Andre's building his own
hyperliquid competitor called Tulip.
And I don't know what they're waiting on
and like, where's the marketing for this?
But there really is been no marketing other than, called Tulip and I don't know what they're waiting on and like where's the marketing for this but
there really is been no marketing other than hey guys we announced this airdrop in January and now
we're doing it so like what is why aren't they marketing and I think they're just trying to keep
things close to the chest and when this does come out I think people are going to be scrambling for
ways to get allocations for this playing that Petroland back in the day got get allocations for this. Playing that Petroland back in the day,
got you allocations for those points.
And it's just going to be a points thing.
And I think a lot of people are under allocated to this whole thing.
And I think it's going to be a massive airdrop.
And so, yeah, man.
You got Shadow, which you can stake.
It's like Infra.
We could stake in USDC and your Sonic over there to earn points. So there's tons of opportunities for the past three or four months while no one's talking about this
to go get yield bro it's it's crazy like magic newton right now i'm farming that i don't even
know what that's gonna do i accidentally got on the leaderboard just doing like barely any replies
so that might be a kaido cook a little bit maybe the the prompt one was like the last day i won
that i got a good fucking drop for so like i don't
know i i'm you think people are not concentrating on this because now kato's rewarding people to
talk about what's on their leaderboard i mean so if you're not on the leaderboard then it kind of
gets lost in the bro it's fucking this whole space is i can't wait till we're fucking like
way higher so it's just like pve easy mode right now it's like farm season bro and it's like
i don't care about this cringe dude like loud was great prompt was great uh there was a
fucking bunch of story verse fucking yappers got a bunch of that it's like i hate it i think the
meta is so lame but at the same time it's opportunity bro so like if you needed me to
reply g newt uh to a bunch of fucking farm ores okay like whatever put me on the leaderboard bro
i've used it it's not a bad tool i mean you basically can set up a dca of any coin you want
and just kind of let it do it you could do it daily you could do it weekly you can do it yearly
you can even also kind of end when you want to do it so you also claim these and then short uh
the pumps by the way like that is such a move with these farms because
like they're over farmed so like you get your little claim blah blah and as soon as you're
cheating just short that bitch bro well it was like everybody's sitting here trying to post a
loud chart like what the fuck did you expect to happen you really thought everybody in the space
was gonna bag work for you like they really thought that that's what was gonna happen
yeah like you thought everyone was gonna keep tweeting even though they're not getting all
the fees that's crazy you know that chart looks worse than a regular coin launch which is crazy
uh if you yapped at all like i didn't get in the first phase because i was on vacation and i'm like
it wasn't trying to be farming but uh just for like having 10 smart followers you
could have gotten in so i got the ala for that and then they actually it was like 0.2 and then
you got more tokens if you're in the first phase but in the second phase you didn't get as many
tokens but they sent back 0.15 yesterday so technically like it was basically free for
like yappers to just get in phase two which which is kind of dope. I'm not going to lie.
Like people can clown on it all they want,
but it's like,
bro,
you can click the buttons.
So whatever.
Like I get that it needs way more attention and they got to be louder.
I don't know what the fuck they're doing over there to be real.
There's like a cult drop now to like,
I don't know.
There's another airdrop coming to like loud.
Yeah.
That comes from now's dot dot world.
Yeah.
From the now's dot fun fund maybe if they do more
of that we'll be okay but i i don't know yeah i think they're trying to do something called
ransom five where they're trying to obviously needs to get to a certain like volume traded
for them the top 25 to get it and so i think he wrote did a post today trying to restructure if
say it doesn't get to the certain like if the kols aren't going to pump the
bags what what brings more attention is just price action what what do we see with hyper liquid that
creates price action it's kind of like a buyback a buyback of the coin and then burning it and then
that will pump the price and then that then they have a week two of the of the volume that goes
and then those basically kols are fighting for them to get
associated with the fees and they so that uh so ultra doesn't buy back and burn the token so it
goes up again so you have to find ways to get the kols to talk i guess the best way to get kick this
off is to buy it buy the tokens with the fees that were generated and then possibly burn it and so the
token pumps and then now people are talking about the token pumps and then now people are talking about
the token again and then that brings the kol leaderboard well you gotta make the kols be the
one yeah like working for the bag because the way that this was designed was everyone else worked for
the top 25 bags and that was cool until everybody realized they're like yo we're not we're not the
ones getting any of these fees you know i might as well sell my shit now now the opposite way it's like it
takes all that money and it puts it to the side and it's like if you're not going to work for the
top 25 then it's either we replace you and then it gets allocated out because dude that's what i
took before it went live that was what i was telling you i'm like dude if no one buys this
it's over and then it took two days for people to stop buying this shit and it just started a free fall so if you got off of your aloe at the beginning ggs um and if you didn't i mean rip be louder that's all i can say
just be loud wouldn't that be a good incentive for the people to buy the token to generate more fees
for the token then to be bought and burned so like it kind of aligns the people buying it say okay
the more we trade this the more they burn the more they burn the more the price goes up so i think that is something that maybe aligns it and then if the threshold
isn't met from the kaos uh then they don't get it and it just goes into another buyback and so you
have to hit a certain volume thresholds and get the chaos to talk about it for to unlock it for
the top 25 holders so the thing about it it doesn't cater to the small wallets though it caters to
people who actually have size to play token and move. You know what I'm saying?
That's the biggest issue if you wanted to include the little guys cool include them
But the little guys working for the bigger bags is a harder sell in my opinion, you know
Good Allison. You had your hand up for a while. Appreciate you
Hi. Okay, this is mostly for people that were around last cycle and if you're doing anything
Hi, okay, this is mostly for people that were around last
abstract. There was a really cool project that people were excited about and it had
so much potential. So much so that it crossed over into Normie World and my sister, she's a
designer, she messaged me about it. That how i found out about it it was called digital animals
and they were like these little crystal looking things that you'd see like i don't know maybe your
grandma collected them like little menagerie animals that's what they looked like and you
were supposed to be able to craft this like digital soul so it was this ai thing but i think it was this AI thing, but I think it was just too early. Like maybe the space wasn't ready for it.
And I bag held that for like,
like many of us here have bag held a lot of NFTs for years.
Well, apparently that team never stopped building.
I just stopped paying attention.
And now they're on abstract.
And while I had this space on,
I was also browsing the abstract streams.
And I saw like something that looked different that I hadn't seen in a stream.
And I clicked through to it.
And it's this team.
And now the project is called Souls.club.
And if you have any of these digital animals, you can claim things in the Souls Club.
And I guess they
have a mint i'm just like familiarizing myself with what's going on like as the space has been
um happening but if you're holding like any um let's see uh some of the tokens you you don't
have to pay like an eighth you can pay using some of the meme coins
over there too because there's a mint that's happening right now it's in like a pre-sale
and there's a bunch of games you can play like in the souls club for points you can pay with poly
um you can pay with uh i don't know that green looking one that has muscles. I'm really sorry. Someone knows what it is.
Oh, Changu.
That's it.
Yeah.
So just check it out because if you're holding one of these and some people in the space,
like I was browsing the audience, some people might be, or maybe I'm just the only moron
that still is and everyone burned theirs.
And you can get XP and stuff for abstract if you're farming that.
So you might not even have to really spend any money.
You could just use something that you've been holding for years.
Okay, so that's all I wanted to say.
Do you have any information you can pin it up for it, Allison?
Yeah, yeah, I'll pin it, yeah.
Anything else that you got on the live streams this past weekend?
Any games, like that Moody Racing game,
I feel like people are talking about more,
anything you kind of picked up from the stream this weekend um no i was playing moody racing and it just goes
to show that like i'm terrible at video games so like that's a driving game and um yeah i'm not too
good at that especially like when you're trying to drive using a laptop keyboard um it doesn't
doesn't go well for some people and i'm one of those people. And I was playing Frankie Go all week just for the points, but I didn't have a
good XP week. I mean, I saw people tweeting about the results for XP, and it was like a mixed bag
this week, it seems. Some people did really good, and then other people like me didn't do so great.
So I can never figure out what
gets you the most xp so i just keep trying different things um i think that on chain heroes
is really cooking i don't know if anyone's playing that but i've been hearing it's doing pretty good
so yeah are you guys doing anything over there just streaming and obviously i played frankie go
a few times i want to get into the moody but i just don't have the graphics card it's just really glitchy for me so i need a new computer
new graphics card i possibly just get a controller i can hook up to my computer so i don't have to
use the keyboard because i am horrible at the keyboard fucking navigation yeah yeah it's
definitely fun but if you don't have like the right stuff when you're trying to use a keyboard
like it's more frustrating than anything as you're just flying off the track and you have to keep restarting and then if you're
like me you don't even finish the game and the race is just over and you're like still at the
beginning so yeah hopefully i'm getting xp for my time spent in there and i bought the battle pass
so i'll just keep claiming the rewards and racking up the XP.
And hopefully that gets me something like in Q4.
We'll see.
That's going to be a Q4.
Jit, what's up?
And then we'll get the slow goal.
Real quick, finishing up the abstract stuff.
Secret badge just dropped or was found out leading up to the grind coin.
leading up to the grind coin.
So anyone that was at NFT Paris
that I guess received some type of PO app or NFT
from like pawns, the plague, that kind of ecosystem,
you can go and redeem a badge on Abstract on the portal.
It is a snapshot-based claim.
So you cannot go buy the whatever NFT that needs for this.
You can buy the badge on Abstract, but you can't buy the asset in order to get the badge.
So talking about earlier, you know, maybe cornerboying some of these rare badges or stuff like that that's very limited.
This could potentially be one of those as well
and maybe get you a grind coin allocation since it is associated to the new token that'll be
coming out on abstract go ahead jit oh again he dropped down he's been having issues i think this
is the third time he tries to connect what up jet you good yo we're back all right we're so back yo um i still
i just quick question um i still have i i can still uh get i have one more pre-sale right i can get
that right for what for uh you know oh yeah yeah yeah for for the foundry yeah you're good okay For what? You know?
Oh, yeah, yeah, yeah. For the Foundry? Yeah, you're good.
Okay, cool.
I DM'd you the link directly to the Discord as well.
I mean, talking about that, just as we're talking since we got you up here,
a lot of people are coming in the Discord talking about just Cube.
I know that you've been putting us on to Cube for shit.
Let's just say almost three months now, right?
I'd say almost at the beginning of your campaign, you brought it up to us and you said, hey, go check it out.
If you want to trade, if you want to run a campaign.
So it seems like people are now getting hit to the fact that there's opportunity there, right?
So for those that are just now tuning in, I guess kind of give us a lowdown on that.
Is it too late to go try it out or kind of what are blocks?
Just a little quick lowdown because we're now starting to get people even ask about it.
When before, you couldn't get people to go if you begged them to, right?
And now it's like, oh, well, what's going on?
Where are the fees?
Oh, people are making money?
And that's always what it are making money and that's
always what it is so yeah the way that's usually the way she goes it's it's funny too because uh
i actually just got off a call with one of the whales on one like one of the whales who trade
on cube um and we were literally just talking about uh foundry the project that you guys have and i remember that like i had i
still had one pre-sale left to buy but like the bull thesis on what you guys are building
has me super fucking excited and the fact that foundry is also going to be eligible for
the cube airdrop dude i think these are gonna fucking run like this is like full stop like i
think what's happening over here with the tda for people who are run like this like full stop like i think what's happening
over here with the tda for people who are in the audience don't know like i think that there's
i think that these guys are actually gonna cook on something pretty nice and that's coming from
someone who's been like overly skeptical uh in backdoor conversations with these guys about
like their whole process around everything so yeah I'm pretty bullish
this well like really pilled me pretty hard so I'm gonna pick up my second one right after I
finish this but yeah man I you know it's been really fucking rough with Q because you know
where like we've been a KYC platform that only offers spot, but like the core tech is just super differentiated.
And it's just been like pulling teeth,
trying to get people on board.
But I went through the numbers,
like the team and I went through a lot of the numbers last week.
And, you know, we've been running these campaigns
where basically we're like incentivizing people to trade by giving out, like, USDC as well as, like, some physical prizes, like iPads and iPhones and drones and other shit like that.
We just added this tab to the rewards section of, like, your Q profile.
of like your Q profile and people have been like some people like the highest
like like rewards I've seen is someone has made $69,000 just in USDC from our
campaigns right that's not a trade up top the one that you said someone with I
think 30k right yeah yeah so this is this is one of this is one of the people
I onboarded so they made 30k
i think net so like net where i'm seeing like what their net is after like fees is that a a lot of
people have were make have been making like between five thousand and ten thousand dollars over tr
like trading on cube over the last three months and this is on top of the fact that they're earning
blocks which is going to be which is like top of the fact that they're earning blocks
which is going to be which is like you know the point system for the upcoming like iso airdrop
right so like i kept on telling people that like i think this is like the highest ev opportunity
because you're farming an airdrop you know with a company that's valued over 100 million dollars
raises series a you know we're backed by like some of the best,
we're backed by the best like, uh, crypto native VCs, right. Um, there will probably be another
round. Right. And then that will put us at unicorn status. Right. So if you do the math on like
what 15, what, what an airdrop could look like, if it like at 15% of the total supply, like
things can get pretty wild. So, you know, a lot of people look like if it like at 15 of the total supply like things can get pretty
wild so you know a lot of people are like talking about like you know farming lighter and like you
know other perps platforms but it's like there's no platform out there right now that is paying
people out daily weekly and then you have like this like point system that you're working towards
weekly and then you have
this point system that you're working
towards
an airdrop that's going to come sometime
later this year.
And we also have perps that are coming out
in a few weeks.
Sorry, hold on one second.
Perps, perps, perps?
Yeah, perps.
So yeah.
Hold on one second. Sorry, guys. Go, Chief.
No, I was just going to say perps on Cube are going chief no i was just gonna say perps on cube
are gonna be the best way to trade perps on link and bio
yeah don't use pete's link no yeah yeah
yeah he's not even here bro he doesn't need a shell hard enough dude you need to use my link
bro it's in my bio yeah exactly but yeah that's i mean that's kind of like the tldr it's just you know um we're
partnering with a few nft communities uh a few trading communities you know it's like you know
the foundries we're gonna we're gonna be partnering with them um depending you know like still
figuring out the mechanics around how we want to do the airdrop with some of these communities
but i do think like i've i've
started like playing with the numbers and having these discussions with like uh the founders of
some of these other communities like we do want to do an airdrop where it'll be like you know per nft
right and that would just be like that would just make like a lot of these communities really happy
and uh at the end of the day it's like i've always been wanting to like over deliver on this on like everything i'm doing
at cube and i think that would be like a huge brand champions right that's one of those yeah
exactly that like we we stop seeing and it's like dude if you see that someone naturally uses your
platform has some interest in your product even even if it's your NFT, right?
No matter whatever. And then if they're moving size, it's even a different story. But
I mean, you should have a way to reward those people or at least say, yo, what's up? I see you.
Hey, appreciate that. Like, that's the biggest thing. You create brand champions,
right? Literally. And the thing about it is those people aren't using your platform because you're giving
them something.
They like the platform.
And if you give them something, so be it.
It's extra.
Just add to it.
You know, the platform works X, Y, Z.
So, I mean, that's invaluable because you can't really buy loyalty from people like
that.
You can offer a check, but I mean, as soon as the check is done, they're gone.
And you see that like crazy with Kato, especially with the new marketing schemes that we have now i mean half of these people
don't even have skin in the game they couldn't tell you where to deposit on cube well i mean
not cube specifically but like you know some of these platforms you're like well okay cool well
where are your perps where have you been dcaing or using the spot buy feature you're like well
i'm not then why the fuck are you telling me to you know it's one of those things like it doesn't make sense so i don't know having
someone that utilizes the platform that can you know create a brand champion due to the fact that
they do it making money is a byproduct of actually liking shit facts facts and that's and that's what
happened like we have this one chinese whale who made like the 69 000 bro i i literally thought this was like some ai like like guy from like fucking philippines
who was just like always just making tweets about cube like he was this was like back in like
fucking december he would like like when i first started like the the private cube community like
i got him in because
i saw his tweets and like it honestly looked like it looked like he was kind of retarded
and then i found out that it like english just wasn't his native language and like i found out
that he's actually a real person and once once we started like launching these campaigns and
you start participating dude this guy is just like every day like he wakes up and he's like in the group
chat talking like like he's like double dipping triple dipping in our campaigns because we're
running multiple campaigns simultaneously and like he's just become like such a champion and
he's even created like a chinese whale chat for for cube like people that for like the cube
community and like they're just all just talking in Chinese the whole time
So just to kind of TLDR wrap it up in a sense
They just go on any let's just say for anyone's reference link, right?
They can just click the reference link sign up and then they're more or less already trading and earning block
Or is there anything past the do they have to be approved after they sign up or how exactly is that process?
No, you just you just need, you just need a KYC.
Is it a full KYC?
Yeah, yeah, yeah.
Okay, so here's the thing.
I got to be careful on how I say this.
There are going to be products.
I guess, let me put it.
There are, there's workarounds
there's not workarounds fuck don't i get what you're trying to say there's a will there's a
way no no no no no but like there's new things that are coming out that won't be that won't have
the same gated access as certain as like the spot listings that we have right now so we're definitely going more
on chain with a lot of the with a few of the new finance financial products that we're launching
right i can't i can't and like i i can't it's hard for me to like say it without yeah i get you
ultimately just working with it but you know who does know who's a great ambassador for you guys
i'm pretty sure he did excellent in orientation. Aced the test.
Pete, welcome to the stage.
We'd love to hear your pitch on why Cube is what it is.
It's so simple.
Hey, hey, look.
Look, I mean, Allison might look real good with that badge if you fail your test.
I'm just saying, bro.
Dude, they can give badges.
They can badge.
I think they got a billion badges to give up i don't
fucking know listen i just like it i figure having more than one off-ramp is the is the goal here uh
i don't necessarily trust coinbase the interesting thing too and i'm gonna lie about this dude i've
got a couple grand over there you can see your deposit on fucking chain coinbase doesn't allow
me to do that right this npc MPC wallet, I don't know
anything about it. But what I do know is this, the assets aren't necessarily just, oh, hey, Pete,
you have $5,000 here, but we're moving your money around all we want doing whatever I can see my
deposit directly on Bitcoin, go into their MPC wallet. So yeah, I like it. I don't know. I i like it and i was talking about it and then i realized
that jatoshi was working for him and then look at me i get like 30 a sign up look at me go i think
i got like four signups so if you want to use my referral link i get 30 um hit my line yeah i got
that he gets more than that but yeah i guess i got that got that good stuff. Damn, so he's a liar?
He's a lying salesman?
I smell the commission on your breath, bro.
I've been doing sales too long.
No, there's no commission.
I don't get a percentage
of the amount of volume that you do.
Oh, but we might do that.
We're playing with that.
When Perps go live
and the fees are pumping,
we might do something like that but uh it's just dangerous because we had this conversation about like
you get like a big referral whale and they just like make all this money on fees and then they go
to the next exchange um and do the same thing all the time and they don't even use your platform i
mean dude everybody you get one good like if you drop your link and you hit a like a a ding-a-ling or or someone like that a jared from subway that
happens to sign up with your like it's over you don't got to do you can just sit down
you don't trade you don't risk any of your own money and i mean yeah i guess it's cool you got
them to sign up and that money is going to the platform but ultimately it doesn't you don't get
people to continuously do that.
They just move around.
Go ahead, Al.
My KYC is already on Coinbase and I proudly pay my taxes.
Well, I don't proudly pay my taxes, let's be honest.
Fuck the IRS.
Isn't there a special loan that doesn't have interest for you?
I mean, I don't know.
What is wrong with it?
Oh my god. I forgot about that.
Go ahead, Allison.
Are you talking about that on stage?
How's that going?
What? I'm asking you, do you get loans
as a member of the Tiny Hat
community? Do you get no interest loans?
I can maybe
request, but I don't think I'm that plugged.
That's crazy that you can do that, bro.
Then, yeah.
Wait, I don't think that's true.
I don't know.
I'm not in that part of the world, man.
I don't have that much money.
I feel like, yeah, if you're B&H or you're some really famous Shellskis or some Zabars.
You're saying a bunch of keywords that I don't even know, or you're like some really famous Shelskys or some Zabars, you know.
You're saying a bunch of like keywords that I don't even know, but I'm going to go into the
bank and I'm going to be like,
yo, Zanowski's and B&H's.
My man told me that you got the Zanowski
in the bank.
Yes.
About that Trump wallet,
I don't know if I missed this part
or if you guys didn't say it, but did anyone realize that they're partnered with Magic Eden?
And then this trading app that they're going to bring, it's expected to use something similar to Slingshot.
Fuck.
So I'm sure all Magic Eden.
That shit is real, huh?
Yeah, I guess so, dude.
Oh, dude. I had to get into dogenals today, so I don't know if things are going downhill, but sometimes you got to make deals to make deals, you know?
So GG's the dogenal community.
Yo, I'm making deals if anybody wants to hit my line.
Dude, those dogenal dogs are like 3K, bro.
Yeah, they just got listed on Magic Eden.
Magic Eden EVM page was rocking a doge-inal and literally tweeted at them yesterday.
So I think Doge is going to be probably one of the next chains on Magic Eden.
If anyone's been here with us for shit years, two years ago we mentioned all those Doge fucking maps and Doge dogs and all the different Doge related derivatives of ordinals
You might have a day in the Sun if there's a marketplace other than doggy market
Pin some things up the top we can wrap it up
Good I forgot I didn't see who was talking
No one cool, uh finishing this off, we told you guys to stake P-O-L a while back, right?
Just due to the airdrop that would be coming through Polygon.
Polygon announced their new DeFi-centric L2.
It is called Katana, right?
It'll function as a liquidity provider to bootstrap liquidity cross-chain.
I would almost say similar to like a concrete, a Lombard 2.
And it does so utilizing the ag layer, right?
This is the new settlement mechanic that Polygon developed.
If you did stake any of those pull tokens on ETH,
I already told you guys you guys can go to the rewards tab and
see the progression of every airdrop. That has now changed to confirmed for Katana instead of
pending for redacted. So GG's on that. And then this is a little breakdown of what is going
towards the stakers. Katana will airdrop 15% of CAT to all POL stakers provato and midan will also allocate airdrops to the pol stakers
and then as more tokens progress through the ag layer they will be dropped to the pol stakers as
well so not sure when you can technically unstake but if you are staked right now one of the
interesting things about your staking power is that it actually checks the longevity of your hold, right? So if you deposit
the same amount that I did today, I will have a greater staking, let's just say, amount than you
do. So it is based off of time staked as well for the percentage allocated right so if any of you guys
did that you probably can remove it uh your money out but it's bigger the the percent stake that you
receive is bigger the longer you're holding so i did a breakdown on what cat is and all that
yesterday so um looks to be 10 billion minted no pre-s no VC, unlocks, non-transferable up to nine
months or sooner.
Okay, it works.
Lock, cat, get VCAT.
VCAT votes where emissions go.
Emissions drive up app usage, generate fees.
Fees go back to VCAT holders.
VCAT is your seat for the Katana table.
You earn fees from app activity on sushi and others pre-deposited
uh you win cat crates you stake your pol get future airdrops and so 20 to early users 15
to stakers 15 to contribution for your vest and 49 to the ecosystem slash community treasury so
that's just a little breakdown i've been keeping up with everything over there since it's new and
it's fresh and uh not a lot of people are talking about it.
I think the interesting thing, too, is 15% to the contribution stakers.
That means that if you put money to lock in, you get the same amount that if you're staking pole.
If you're staking pole, you're eligible for three or four airdrops versus if you're just locking up, you only get cat.
So something to consider on that end if you're locking up the same amount of money um but if you lock up through their lockup system right uh they enter you into
a raffle for like different nft assets uh and it's based like it's like a crate rng system right
there's like a punk uh some ladies and stuff like that and they just keep adding to that price pool
to try to incentivize people to pre-deposit. I think Barra made that shit extremely, I don't know, popular now. More and more chains are
trying to do this like huge pre-deposit before they go live and that shit's great. But afterwards,
we already know how that unwind works as soon as people can remove their money from the chain and
kind of dwindle it out. So just keep that in mind that this is a time to play so to speak and that your timing
it ends as soon as the chain goes live so calculate that into your margins yeah there's one crypto
punk two pudgy penguins and three miladies and you can win up to 10 million cats so i know that
people have deposited got like at in general for just depositing so
definitely feels like a no-brainer to me so i think that does it right chief yeah that's pretty much it man uh just real quick on the foundry news for anyone that participated or that we've
spoken to uh just check your dms we've already sent you either a follow-up with more information
or we sent you the actual direct link to the discord so you guys can check that out.
Make sure that you're inside.
I know that tweeting through the page, some things get lost in the grapevine.
So, but we're also trying to not cross too many lines as well, right?
TDA is going to continue.
Make your JPEGs, you fat bitches.
Yeah, TDA has been TDA, right?
And we'll continue to do what TDA does.
And then the Foundry is just an addition to.
And so that's why we're not going to be kind of really cross-tweeting too much between the two.
But there is the affinity and the connection there.
So if you guys have no idea what they were talking about, I'll just pin it up to the top.
Once you join the Discord, all the information is there on the rules page.
And at the end of it, you technically to dm x or i anyway but that's
all for us man appreciate you guys love you guys uh the one thing i forgot to mention was uh kato
now has like a whole airdrop section for you a hub so i know it's been hard to get those rewards and
shit so they updated it they have an airdrop how you go there and you can see what you can claim
and all the shit that you get. So, appreciate you guys.
Love you guys.
We'll be back tomorrow at 11 a.m. Central, 12 p.m. Eastern.
TD Air, stay poor.
Appreciate everybody that came up, everybody that came on stage that contributed to the conversation.
Also added a little bit of alpha, allowed us to grow with you guys and learn from you.
We do this Tuesday through Saturday now from 11 to 12 central. After the
show is over, there will be a thread that goes out. It covers everything that we talked about
during the show. Use it as a resource when you're doing your own research or come find us in the
foundry and we'll help you walk through it all. It's TDA or Stay Poor. You guys be safe and have
a good rest of your day.
