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We got today's face and tomorrow's face, and then it's Super Bowl Sunday where my Chiefs
Going against those San Francisco 49ers. We beat them back in 2019 and we're gonna do the same thing
This Sunday, so you're sick of hearing about the Chiefs too bad. You're gonna hear about another year about how
They won the Super Bowl once again. It's a dynasty Patrick Mahomes. It's the greatest of all time and
Yeah, man. It's gonna be great weekend, and then you see in the Daily Alpha. You see the apps there. That's for the Chiefs
There you go. That's why that's why we had the emoji of the Chiefs today, but up we get troll up here
And hopefully Keith can come in here and co-host so we can get the sponsor out of the way
It's not there you come because I don't want to get into it until we get that out of the way
Now everybody's unmuted Chiefs just you know fat fingering right now. He's getting situated
He's probably putting the phone duct taped to his computer
Slowly, but surely we've been having a rough day rough week with chief and technical difficulty
So hopefully you can come up here and contribute to the space
Finally finally the rock has come back to the Daily Alpha. All right go chief. Let's get the business out of the way
I'm just gonna sit here for you. I'm sick. I'm just sick of talking. I'm just gonna wait for you
You get your head. I never thought it would end
I mean you just want me over here to be the ad read no. Hello. Hi troll
I'm glad that you're here and you're happy to see me, bro. I appreciate it. You know what I'm saying
You're not just using me for an ad read GM. What's up, chief? It's okay
I'm gonna post this up to the top first and foremost. Appreciate you guys for sliding through and showing up
Yeah, I know what it is. TDA or stay poor. We got Alice instead up top
I also does a recap after every single show that includes everything that we talk about
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Show a little bit of engagement and love for the brand itself and that's how we also allocate
Many kind of whitelists or opportunities that we have next I got a crisp
Tweet pinned up to the top the shows sponsored by I'm so I'm so is a
Cross-chain sold to BTC intra operable infrastructure that's being built out
Currently they're focusing on their endless runner four different minigames
It's powered by the Evolve token, which is on Solana. You can find that on the bird eye
Evolve and that I'm so ecosystem and just really excited more so for the Bitcoin side
But shout out to Chris for sponsoring the TDA for the month
If you guys are interested any kind of interactions or playing is with the game that's pinned and there is a for this week
I think $3,000 or so worth the prizes plus you can also farm your magic Eden wallet
So go check out the game up top go earn yourself some free bonk and some tokens and if you're good at it
I mean, why not free money?
So how are we feeling about the market?
You guys like 47 K Bitcoin. Is that is that nice? It's better than the 32 K Bitcoin and tell you that and
You know, I've been kind of ETF doubt, you know, since we talked about it for like six months in a row and I you know
During the show and beginning to show I kind of like do we want to talk about the ETFs?
it's kind of boring and I think today we got to kind of talk about what's going on with the ETFs and
just kind of understand what's going on and like
Yesterday we were talking and you know, we had some we had a particular individual up here saying that
I'm glad me. I'm too bullish and I don't think I am and maybe my time frames a little too short, but I think
We're in a different game now with ETFs
We had a regular market that was ran by retail and bull markets are ran by retail for the past 10 years
So you have this regular market?
We just say it's a thing and now you have fucking these hoses jacked into it that are ETFs
So we had a regular market where people bought and sell but now every day we have about
200 million dollars of Bitcoin buying for the ETFs yesterday was the largest
The BTFs since its existence, which is basically even lower than a month
so if you exclude yesterday and you just say the top three people the ETFs are
I don't know what the other one is. They probably averaged around
Two hundred and seven those three have averaged around two hundred
Great scale. There we go. Well, I mean gray scales actually been selling. I'm talking, you know, I'm talking to the buying in
Yeah, buying buying their dips out. There's one other one. I forget who it is. Just forgive me. It's probably like bitwise
I think that's I forget all the names but it's fidelity black rock and there's one other that's been gobbling up these gray scale fucking
So you exclude yesterday?
They've been these three have been purchasing 200 million to 270 million dollars of Bitcoin every day. That's around
9,000 Bitcoin there is only 900 Bitcoin that's produced each day
So eventually and I think if we're starting to see this there's gonna be a supply crunch
And now we have the halving that comes in just 66 days
We're now that 900 that 900 Bitcoin that's produced every day gets chopped in half to 450
So we're having a supply shock and everybody's starting to realize it and the one thing that makes me more bullish
Why I think that six to eight months we could possibly see some blow-off tops is we we haven't even got the reoccurring
Kind of purchases and like for these for these portfolios
Like this hasn't even been rolled out into like portfolios and IRAs like and when that happens
These people are gonna like pick between one to three percent
Allocation in their portfolio and they're probably gonna pick, you know one percent
But that's a lot of money for just one percent by one product like Fidelity will launch this and everybody picks one percent
So we still haven't even had these
Reoccurring payments every month of Bitcoin going into people's portfolio that choose that in part of their IRA
Well, don't you think that they're gonna do this the opposite way though to where they would just because they've gobbled up so much
Bitcoin they would in a sense broker Bitcoin at whatever
Like let's just say almost as a stable coin or pegged to Bitcoin, right?
So instead of actually buying Bitcoin from the free market, you're buying Bitcoin from their Treasury, which is
Technically pig pegged to the price of Bitcoin
But in a sense, it's not gonna affect like if you come into Fidelity and say hey
But if they have that it's not gonna affect the free market of you buying
300 million because they're just gonna give it to you out of their stash
Does that make sense? But that you got to think there's nine other ETFs and then how many people have IRAs?
And this has to like this isn't just oh, there's the first year we're gonna run this. This is a life talk
This is a life. No, no, I get you
I'm just wondering if you think that that's the possibility that they're gonna try to that they are gobbling it up
So they can be like the Bitcoin banks as well. They all know right now
that's what they're doing but eventually when the
Reoccurring payments of all these thousands and thousands and millions of people to come every one month that bank is gonna get depleted pretty quickly
It's how what I'm saying like there there's gonna be millions and millions of people that are gonna be buying
Buying these ETFs and having these in their portfolio. So yeah, I think they're gobbling up to have this stash
But let's say a year from now that stash is gonna be pretty
Depleted and with the Bitcoin having they're gonna be less and less Bitcoin on the market
There's only 21 million Bitcoin and there's not there's more than that that once is gonna want this Bitcoin in the future
So that's what that in like yesterday was the blow-off top for inflows
I think one I think one had over 400 million dollars of Bitcoin they bought so that that was double of
What all three of them did in one day average?
So and then plus what we have also is grayscale
Easing up on their selling but also Bitcoin miners are also easing up on their selling. So we kind of have a and then
We just have a we have a wealth effect that's going on here
We have the Chinese New Year that started which I gave you stats last on Monday
That if you bought ten days before the Chinese New Year
Or you bought three days before the Chinese New Year and sold ten days after you're an average 11% up
So we had the Chinese New Year plus the Chinese are also talking about giving stimulus checks to their nation
And so like we have a like a big a big nice little golden pocket here of a lot of bullishness when we
Basically had like the past three weeks
We've had this kind of sell the rumor news and like everybody's been kind of bearish on Bitcoin and like oh
We're just gonna consolidate here
I just think that we're in a different game now and I still people think that we're in the same game
We have these hoses connected to our market that are basically buying
Not over 9,000 Bitcoin a day and more
So ultimately there's gonna be a supply shock and when's the last time you woke up and Bitcoin was at a higher price?
China starting to realize this too and starting to buy like it's been months where I woke up and Bitcoin was at a higher price
Like we went to bed at 45 46 woke up at 47
So China starting to realize the supply crunch and then you also got to think that Hong Kong has also been talking about getting
So we're gonna have so much more of these hoses connected to this market that we're so used to
I don't think people are actually realizing like once these reoccurring payments happen with these portfolios
Like this is that's like, I don't know that that's a lot of Bitcoin. That's gonna be
Fucking bought every fucking day for the rest of our lives
So I don't think that's kind of what we're seeing here
Like and then like I have I have charts and stuff that kind of show like mining
Bitcoin miners are like easing up but man 47 K is looking nice and like
We're looking at resistances, right? Like on the way down in the blood the last bear market
We had resistance around 48 K and we kind of still there before we dumped and then we had resistance at 42 K
So we're in a range between 42 and 48 if we can break through 48
Then we're like 50 is 53 is like next level
And then on the weekly candles if we can close above forty four thousand dollars
We're out of this range of all these all these monthly candles and it's actually hot
We're actually kind of higher than we typically been
Ending the months and we've had I think we have six consecutive green months
So yeah, it's starting to heat up man and the supply stock starting to be realized and then we just have a lot of stuff
That's going on in the markets like macro markets like China having financial issues
We have you know real estate, but I think this this market is so forward-thinking that we're like, alright
We already know this is happening. Oh, we know they're gonna have to be rate cuts
They know they can't go much longer and I just feel like we're just looking ahead so far ahead right now that people are like
They're gonna print money to bail all these banks out and like yeah
There might be a scare in the market like macro wise
But I still think that the this all kind of overcomes itself by how much Bitcoin is actually being taken off the market since the ETF
Think I saw this. I think it was a stat since the ETF was launched in less than a month ago
There's been two hundred thousand Bitcoin taken off the market. That's absolutely fucking insane
it's only been a month and
200,000 Bitcoin have been taken off the market. So you guys
Express oh does she I mean, don't you think that there's like a there's a number of Bitcoin that like that's not
In the market or in like these like wallets that haven't been used in a long time
But like I would I would think that the higher the price the higher Bitcoin goes the you know, it's gonna self like
self, I don't know what the word I'm looking for is
Regulate itself in a way. Like I would think as the price gets higher people are gonna be more willing to
To move Bitcoin. It's a flywheel. I think the more it goes higher the more people FOMO it, right?
Don't you think that that happens like the higher it goes?
The more people pay attention and then the more people want it and the more people buy it then the press keeps continues to go higher
Yeah, but the but what I mean is that you know for every buy there's a sell as well, right?
so like I that that that's gonna that's gonna come from somewhere and I
Gotta believe that there's a lot of people who have been sitting on a lot of Bitcoin for a while that
You know, I don't care how strong your conviction is in Bitcoin
Like everyone has a number right? Like what is the point of the Bitcoin if you're not, you know
If you're not gonna do stuff with it or let me ask you a question click
Do you do you what do you think of Bitcoin? Do you think it's digital gold?
Do you think that Bitcoin flips digital gold? I just want to see where you stay where you stand on Bitcoin
Do you think one eventually flips gold in market cap 13 trillion dollar market cap?
Most like yeah, I mean I think I think
Bitcoin is gonna be around
That's Bitcoin one Bitcoin cost over
Mean, I don't know what the time frame is, but I think that it's it's sooner than we think
I'm not saying that you know, Kathy would in ark invest is said by 2030 600 K to 1 million dollar Bitcoin
This is a 13 trillion dollar market and flips gold
Countries are gonna say we don't want gold anymore
We want Bitcoin and that's gonna be like that's the Bitcoin max you view right and I just like ask that question because I think
some people actually just see Bitcoin as as like a store of value and they actually don't see like
What this is evolving to like and I think we've already flipped silver and I think that Bitcoin flipping Bitcoin
Our flipping gold is like the next stop and I don't say that like sparingly
I actually believe that it does and I think that it like you listen to like Kathy wood and all these other people like
Arthur Hayes, they believe that you know 13 trillion is is by 2030
And like if we believe that this is the next gold and what are we doing sitting here saying?
Oh, I think it goes higher. It goes lower
Don't you just want to accumulate this shit if it's going to multi like a million dollars per Bitcoin?
I don't know. Yeah, but like you still like if I have like a pile of gold, right?
Like I can't pay someone directly in gold
Like I still need to like there's still a conversion that needs to happen to you know, something more usable
And I think unless you know Bitcoin becomes like the defacto like like payment system or whatever
Which I don't which I don't really think it's well suited for at this point in time
You know, it's it's still there's still gonna have to be a conversion of some sort
so like you're still you know selling it for fiat or some other crypto that you can buy your things with and
But I don't know I digress
No, I just I was looking at a lot of charts
like trying to figure out what's going on and I've kind of been fading the ETFs and I started looking into the inflows and
Outflows and yesterday was a crazy day and it was just kind of shows you
When we have inflows, you can kind of track it by Bitcoin now. We have crazy inflows. The price goes up
We have crazy outflows the Bitcoin goes down. So I
Don't know. I I'm personally pretty bullish on this and like if we get past 53, which is not that far away
We're like five thousand dollars
It's like we're not that far from all-time highs and then once we get the all-time highs
Then we got then it starts getting kind of overwhelming
We got our grandparents asking us about it
And then like it doesn't stop because these ETFs are continuing to purchase this shit to just like chief says the stockpile this shit
When there is the demand and when the reoccurment payments happen
So, I don't know. I'm pretty bullish and maybe that's my fault. I'm just an optimist. I'm in general
I'm glass half-full. I'm a person that says yes, why not? Like no that can't happen
So maybe I'm overly bullish and that's my fault
But you want me to you want me to do a little mindfuck on you on that?
What is the difference between a glass that's full and a glass that's empty besides the person that's looking at it knowing
The perspective I guess the perspective literally because if you look at a glass full of water if it's full
It looks the same thing as a glass empty
The only person or the only way that you move is because you know that it's full of water, right? But the glass
Optically looks the same whether it's empty or it's full. So at the end of the day, I know
Yeah, you see that fuck Dolly. I love on that
So it's really about the perspective of the person looking through
Right and really kind of understanding that yeah
The glass is full because I want it to be full or the glass is empty because I want it
You know what I'm saying? So yeah, well my but the glass is empty. It really is empty though
But it looks the same way as if the glass was full. How there's water inside
Want you to grab a clear glass of water and I want you to look at it from the outside and then I want you
To fill it to the brim and I want you to look at it again
And it's gonna look the exact same fucking way, dude
So you think I can't see water oh
My lord, all right, we're going on to the next person. What's up, Blaze? Welcome up man. You came up here
Yeah, what's happening? Hey, I just came up to give a
TDA customer service review
Appreciate it. I'm always driving around doing stuff. I'm listening to the space
So I always got checking with somebody up here like hey, what did you say?
And every time I do it, it's right on point. It might be a 24 hours later
Because uh, you know we doing other things but they always get right back to you
So yeah a1 customer service with TDA
Appreciate you Blaze. Thanks for always tuning in while you're delivering
When you're gonna host a show while delivering like me is the real question
Man I gotta get the ladies on point you you seem to figure that out
So once I get the ladies on point and somebody can run the space will be good. All right
So I got this up top. So Bitcoin is back about this is kind of old
But bitcoins are back above 45k as ETF inflows turned sharply positive after approval of the Bitcoin ETF
We saw a large outflows from grayscale
Which led to the sell the news event now inflows have turned positive again with the biggest weekly net flows since the approval fidelity
ETF saw inflows of 130 million yesterday bringing
Bringing net flows into a new monthly high at the Rima also also up 11% since 20 since January 25th as market hopes
ETFs next cycle crypto markets remain incredibly resilient and then I also have a chart up here of the the miners
So recently miners have virtually stopped selling BTC and you can kind of see the chart there drastically stopped selling
So there was that event where you know, the miners are saying hey, we're gonna have a having
Bitcoins at 49k we're gonna sell here
So we can fund to buy more miners might buy more space because we're gonna need twice the power
To kind of maintain our profitability since the the rewards are gonna be cut in half
So it seems like they got all their money that they need to kind of improve and now we're now
It's kind of like alright
Let's let's get this show on the road and we have the having less
Than two months away and we typically have a two-month period that leads up to the having that's a bullish market, too
So we got that on top of it. So
Pretty excited and the markets rallying like all the coins are going up
We have a alt season looks to be underway. We woke up this morning and
Dimension is continued to rise people are super bullish on dimension and calling it the next Celestia
not I don't know if it's the next Celestia, but I mean they have these roll apps guys and
Projects are gonna use these roll apps new projects and every single project that uses dimensions roll apps
You're gonna get airdrop token. So this might be even a better money printer than Celestia
We got in early so we'll see how it goes and I'll keep you updated
But yeah, I might do that then cuz I was about to do another round of Tia and Adam and all that bullshit
But I might fuck around and just do you know Celestia and maybe even some sick like say
In that round, so we'll see how plays out. I pin something up to the top man. We've been following
Bit or no's for a while. I know that we also had an allocation to a couple spots from them
This has been really cool. It's kind of like I mean it is pixel art, but it's thin
Line right kind of I don't really even know how to explain it. I'll pin something up so you guys can check it out
But turns out that they were actually guided incubated and more or less
have been direction by the dead fellas team and
I don't even know how to feel about that bro. Honestly. I mean like I was big on these bits
They look cool. They came to market in a in a nice way, you know, like very
Cypher punk and all this shit and then
Now it's connected to Betty
Damn it. Why'd you have to do that? But yeah, so it's pinned up top
If you like dead fellows, they're venturing into ordinals their official kind of
post or how they're talking about this is that
This isn't done by Betty and co they are advised by Betty and co and the dead fellas team and
Collection from them. So just something to keep
No, but she's gonna at least if I get a Louis Vuitton crate for an old in one of these bits then that's cool
Like well, we'll make some deals like that if I guess that I guess the eath grift is now go to ordinals
Go to soul our new ERC 404s. So
That's that's the new that's the new eath grift. Anyway, I launched something has no traction
Those are your three options that get traction and relevance again
What do you think? I don't know this literally caught me so I've got I was I mean no one that was talking about this
Project it was cool different style art, you know, it's still pixel, but it's like a different style pixel
I just felt so betrayed in the morning, bro
You know, that's kind of crazy, bro
Like I saw that announcement but I didn't pay attention to it and now that you posted it up
It doesn't really make sense because like their discord is like really like bare bones
Like they're really sticking to the whole bits. You know, I mean like
Like style right and like there's no ticket system. There's nothing
It's like really you like try to win white this you just chat. So this is kind of weird, but still the project looks cool
Now this bits ordinals we got why this for it it's been looking pretty cool. It's launching on Magic Union on ordinals
But they just came out with like it was incubated through through death fellas. Whatever that means
It's just about gaming. It is it is dead fellas
gaming kind of extension but not officially dead fellas if that makes sense, so
It's incubated by the team advised by the team
But like a sister project of dead fellas not to say like this is dead fellas gaming
Wean on Bitcoin kind of thing if that makes sense
That's actually better than them just like taking some dead fellas and putting on my order those at least they're trying to do something different. Oh
I agree on that end to where I just don't know what how what advice are you gonna get bro?
Like that's what I'm confused about you're coming into a new playing field instead of grabbing advice from OGs in that playing field
You're like, yo, what's up? I heard you were really successful in the aqua world
Well, we're coming to the desert and I want to bring my aqua world advisors with me and they're like, well get some desert advisors
You know, there's plenty of plenty of them over here. You know, lots of Bitcoin native people a lot of good ones
No, no, no, no this one. Do you see what they did in aqua world? We all got Louis Vuitton's
So I mean, it's just different on Bitcoin and that reality check is gonna be tough
But project still looks dope and I'll probably collect
Rugging bro. Yeah, I had to leave him. I remove. Yeah
Blaze you're rugging really bad. So you can come back up if you hear this or when you hear this play
Yeah, you were cutting out really bad
Trill we got any we got any mints today. I know that if you hold the smiles
You're gonna be able to mint that one project. We talked about yesterday at 120
Central 2 p.m. 220 Eastern, but we got anything TD TDA wise lined up
Yes, so today level is minty and we have
One of the first come first serve in like 45 minutes. So it's been seen right now. It's like a gaming project
We're not doing the guarantee face of mints 0.05 on theory. Um, if you're interested in the project
Just take a look at it. It's gonna be like a 45 minutes
Yeah, I saw that. Let me pin up the mint schedule for today
Let's get that out of the way real quick
That project is on there. You talk about level. It's an Ethereum project. We have amber Victoria. She's watching something on
We have post-woop. No handle air
Vovid tonic a Harmon van dell door full we have courtyard
They're launching some Super Bowl themed packs for 58 bucks
If you are a football fan and you kind of like the Pokemon style, it's probably gonna be similar
It's a basically the same way
It's a it's a graded card and you possibly can get like a Patrick Mahomes rookie card or some Super Bowl themed card that could possibly
Be more than the pack so courtyard is doing that we have the glitch in a T studio, which is the one for smiles
So if you do have an onus smiles
Tune in or just get in there and around 220 Eastern and you should be able to mint that we have BTC
Substances kind of look like meta blends a little bit and then we have the function
I don't even know who the fuck that is, but I'll pin up some details about the courtyard packs
So let's get that back up there
So they have the courtyard packs seem pretty interesting. I probably I probably grab one
So our first football drop kicks off tomorrow 1 p.m. Eastern to celebrate the big game
We curated an all-star lineup of cards for both teams
Probably starts in an hour. I don't even know if what kind of the cards are gonna be
They haven't said but it's $58 a pack one pack equals one graded football card vaulted at Brinks trade your pack on courtyard
RFP to reveal your card after the timer ends any pack not ripped will eventually go to auto reveal
You can pull all here. Here's the cards. So we have some Patrick Mahomes
Card I don't even says the price is a 2017 panini. So I guess that's his rookie card. That would be worth a lot
Patrick Mahomes, we have some Brock Purdy's. We have some Travis Kelce's rookie cards
Yeah, I mean they didn't seem like they got a hook. They got the hook up here, man
They got a lot of valuable cards here, man might not be bad to grab one of these
They'll probably I mean, I don't know I guess I gotta do some research on eBay with these costs
But like if you grab a Patrick Mahomes rookie card, that probably go over 58 bucks. So just saying so that that's that interests me
A lot so I'll probably grab one of those and see see what it goes and hopefully I riff over like a Christian McCaffrey
Rookie card and I'll just flaunt on. I'll copy it. Look what I got, you know, so she's gone, too
All right, so what happened I've rug chief with me bruh
Wi-Fi booster out, but uh, I was gonna say bits is in a space right now
Damn, it was something else. I was gonna say about Oh nostalgia wins
I feel like I've been feeling that way for the past two years now and I feel like it's it's really picking up
Like this year. I feel like it's actually been picking up for the past probably six months, but
Because we're in this new cycle this new year like the beginning of a quarter or whatever like
And my neighbor to start up this loud ass truck threw me off. But yeah, anyway, nostalgia is winning and yeah
I'm gonna be looking forward to bits
We got white list for that
So if you basically retweet Allison's page or bookmarks it bad
You'll probably be eligible for that white list when it comes around
So if I can just uh on that bits thing now that I'm back the official post from her is
bits is not billed as an internal DFZ initiative spearheaded by
The married co-founders Betty and psych instead. They're calling it an independent brand that that fellas laughs has incubated
Which will be led by members of the dead fellas community and run as its own flagship
Bitcoin IP Betty and psych will serve as mentors and advisors to send project
Yeah, can't wait can't wait can't wait can't wait
Let's talk about Casey Rottemore. What do you think about him?
Yeah, I mean he went on YouTube yesterday and said hey enoughers
I'm gonna program the first zero to ten of these and I'm gonna fucking launch this shit
Yeah, where there's good things that I remember when I said that this is what was gonna happen
I was told that this is do you not know Casey? Do you not watch Casey?
Have you never heard Casey speak and I'm like, yeah, yeah have bro. Pretty sure he's gonna launch room zero
Well eat your words cope and see
One through ten are unavailable for us
But the cool thing is we get to participate in them
You just don't get to be the ones that launch one through ten, you know, so
We'll see how it plays out I mean, it's not it I don't know if it's even official that that's that's what's gonna be
It right. I know he's still in that kind of talking phase. So
Yeah, I mean if I created a protocol that everybody is trying to make millions of dollars on
And I get zero dollars like bro. I'm trying to get a little bit of this
I don't know if it's about the money but it is about the fact. I mean you're a creator dude
Why would I mean Satoshi?
Mine block zero he didn't fucking create it and say hey man. Look I got it all ready to go
I don't know if the engine works, but you put the key and you crank it
No, dude, you got to do that. You've got to say hey look it comes to life and I did this shit or we did
This shit, you know and and that's part of the creation and officiating it in my opinion
So it only made sense for him. I went through ten though
Like why not the same way he did with ordinal, right?
He just did number zero as like Genesis and then that the Mars is his protocol
You can do whatever the fuck you want thing
But like in the light of like an open market in the ring, you know in the same kind of it was a slap
It was a slap to the face to everybody. Yeah, it's trying to get in this, Kentucky Derby. So yeah
That's part of the open like decentralized nature of it
I think that's I think that's a good a good thing to have competition
She's going on he sees all the FOMO that's happened on the time. Yeah, but don't you think that's not a centralized
that's like a centralized kind of thing I'm gonna I'm gonna make one to ten and make all the names and
You and I think that's kind of goes against. Yeah. No, I think you're right
I think with with this cut these things is like a lot of time. I don't know
All the indexing is done off-chain by centralized indexer
So there's always going to be a centralized factor to anything that goes on on this layer of Bitcoin
Which is like this be art this rata more theory, right because none of this stuff is actually on chain
So there's always gonna be this greed factor or people like manipulating it, you know, like what's the root of all evil?
So like if there's a centralized entity that's indexing all the stuff they could pick a choose how they want to run the protocol
Like look what we saw with Jubilee like Domo created this this standard and then unisat said fuck this
We're gonna do our own thing and they fork that shit
I don't know if it's of actually a fork, but they came up with their own fucking standards
So I think if you're getting money involved, I think there's and you have it's centralized indexing
You're always gonna have some level of greed or some level of jealousy going on there
And I Casey built this whole thing and I don't know how much money he's made
But I'm sure like I would want to profit off this room saying if everybody else is making money already off of it
Well, one thing I'll say too. It's we got to think
Comes in a lot of different forms. Maybe it's not about the monetary gain
But maybe it's the ego and the pride
Right of creating something that you know is gonna last for a hundred years and being like no, dude
I didn't bust my ass for the last, you know, ten years of my life
Developing this that he's like now I want my time to shine and this is how whatever it is, right?
I just I just don't think it's very linear in terms of what it is that he's trying to extrapolate from it
Right, it could just be a path of things and I don't think that money is really the main motive
I think it's more so the establishing provenance name in history
Like right if we think of this as a book that we all get pages or we all get to add to
He said fuck it. I get I get the next ten chapters, you know, you can keep writing in the book
But I get this this is my section and so I mean there's nothing wrong with that
right is just thinking in a different style of like line pattern and more so
Vertically rather than horizontally, right?
Do we think this is the right last iteration
Like this is an upgrade but every time there's an upgrade there's stuff that you know breaks along with it
You think you're fixing something the people are trying to fix the BRC standard and they're trying to come up with runes
Do you think this is the last iteration that Casey comes out with?
I think this is just getting started personally
He's created two standards in less than a year. Like this guy's all about creating and come up with crazy fucking ideas
I'm not I don't even know if ruins is the final
The final destination for this. I don't know. I don't know what do you think? I
Think it's hubris to think that we're gonna get it right on the first or the second try
like there's always gonna be better ways to do things eventually like
We don't I seriously doubt we we even know it like the best version of any of this stuff looks like it like that
We're we're all this is all very you know, young technology. What do you think good things? I mean Casey kind of
Came out yesterday on the YouTube saying that you know
I don't know if it's true or not
But he's gonna come out the zero the nine the first fucking nine
Runes and kind of threw a wrench in all this fucking Kentucky Derby rune shit where the R6 we got rune stones
We got runex and it kind of puts them if this is true to like
10th 11th 12th place or farther and kind of like fucks up this like hey first this we're first here
So what's your view on what Casey did yesterday? I think it's gonna happen or not
So first thing I would ask is of any of these things that you just mentioned how many of them have 634
Yeah, I think it's only one
none of the actual runes have been launched yet and what Casey is talking about is
Like a hypothetical until he actually implements it in code and even then the code can change
It's all it's all just like happening in public which normally
Normally when you've got markets
Operating already on assumptions making making big sweeping
Announcements like like Casey made yesterday like typically people are kind of more careful about that
But you know, I think it's just part of the game like so R6 is clearly a game. They've laid out the rule set
runes is a game as well and the rule set has been laid out by Casey, but he
You've got like the the unknown rules around the boost that everybody is waiting to hear and speculating on I think people
Have not been thinking about
Like Casey has a rule set that he's kind of laid out
But there's a lot of things that he had like he hasn't been clear and said hey, I'm gonna change this or this is
but he made clear yesterday that like the the first sort of the first runes that will be launched is up for debate and
there's many things here, but the basics is like if he decides to
You know basically go through with what he's saying then yeah, the first ten runes will be hard-coded
There will be I think a lot of information
Available to us beforehand like he's talking about
You know deciding the names of these things
Deciding whether they're chunky or not like there's a lot of it
Why did you think that this would like look bad on him?
I remember when we debated on this like a week ago or something
I was explained that it only made sense even in a Satoshi kind of
Persona or view to mind block zero or participate in block zero or protocol zero
So and your response at the time was it would it would pose against to what Casey's ethos is
And so why exactly did you think about that now that he's entertaining that idea?
Yeah, so I think when we were talking about last time was if Casey launched like his own rune project
What he's talking about doing now is essentially opening up free mints
He's not gonna get any allocation unless he degens himself, which he said he might
But it's basically gonna be like an open open and fair mint is what it sounds like
What I was talking about is if he kind of like decided to launch something that was more of like his own project
Right like an art project and I guess it could be argued that he may be doing something like that with these first ten
But yeah, I think I think in general
I'm I'm actually quite bullish on the idea to be honest because now for me it just means there's two different games
There's the R6 style of game where you've got like us, you know, basically a
You know private team essentially behind it
And then now you have these Casey runes, which is like its own some sort of like unique aspect of the of the coming runes market
Yeah, I think it just goes back to that to where I mean at the end of the day
I'm not sitting here trying to gauge on whether Casey's doing this for monetary gain or not
I mean the fact that he's launching it as the creator just have his name in history is already
What to me matters, right? I mean, we're in Bitcoin a lot of these people are racing to be first
They're not racing for the monetary gains that come with being first those come as a secondary
Bison of being first right and so I think that that's one of the biggest things that we got understand to the rules are different
We're in a world where it does matter whether you're a number 11 or number 12
And so the fact that Casey's taking it upon himself to take zero through ten
Automatically kind of changes that set right so it's technically number 111
Because these are hard-coded and not added on to after the protocol started, right? I mean, yeah, exactly
It's two distinct. It's two distinct sets of rooms
So you got Casey's hard-coded and then you have basically the publicly available
So there's definitely a way to think a world in which the market considers
It actually be inscription or rune number ten because he's he's gonna start at zero
So he's gonna go zero through nine and then number ten will be the first one that'll be like out there for
Anybody to grab right and so that could be seen as the first non Casey rune or however you want to think about it
But it's it's like in its own. It's two different sets of runes
So I don't even know that he escapes what he's trying to escape which is like a mad
Fee war for the first rune, right? So that's why he's that's that's kind of the reason he's stating that he's doing this
He wants to avoid a fee war in the having block for the first ten runes
But now that the 11th be heard, you know
The 11th rune rune number ten becomes the first one available for people to snipe
I mean, it could just be a massive worth of that
Yup, so interesting enough. We'll see how it plays out
I mean, everybody's just kind of sitting on his hands waiting
So this is the thing about moving before protocols are actually completed
I mean, we've seen it a lot in Bitcoin and then this development of ordinals
But more so around this rune stuff and you know prepping for it
So the first on that note, we can actually transition over the first BRC 20
Ruin, oh not BRC 20 BRC for 20 rune
Minor dropped yesterday. I don't know if anyone saw those they're called the vormith
Minors they're on BRC for 20. So let me post that up top
I know I kind of posted them for us to kind of check out in our chat and
It was in the discord and a couple other, you know, or those groups were talking about participating on those
Let's kind of see the status on them and I'll get a post but it'll be interesting to see because you can do things now
Fractionalized so it makes it easier when you're trying to do this stuff as miners
Or something that's a little bit less traditional than a fungible token. So I
Was wondering what's the difference between this one in like the Arctic?
Is it just the fractional fractional ization of it? I guess that this one's on
Yeah, it's a for a BRC for 20 versus a regular BRC. I mean there's a regular ordinal
And what's the benefit of having it on a 420? I?
Mean the benefit comes to the creator of the actual protocol on how it trades and that is cheaper and whatnot
So it's it's not necessarily a benefit in order like you don't mind more because you have it
It was just cheaper to deploy and cheaper to distribute
Gotcha. What are these going for?
About 30 bucks apiece thirty three dollars each
That's I mean compared I mean
So what's it at? They meant to that nine dollar royalties plus fees
Little bit more with fucking our six at you know, like four to five K and these at thirty bucks like you get like
Less amount is a less exposure. Why are these so much cheaper? It's a different ruins protocol, bro. They're farming a whole different room
I understand. I'm just trying to
I'm sure I'm asking these questions other people have these questions. No, I get you but it's a whole different room
It's it's a whole different you're not farming our six is what I'm trying to explain
These are not connected to our six at all. These are a different minor for a different set of vaporware. Does that make sense?
Yeah, I'm just trying to make sure everybody else is on the same page. Yeah, but what's going on here?
Yeah, it's a different minor for a different set of vaporware. That could be something could be another ruin allocation
We don't know. I mean, it's in a sense. We're all just sitting here. Like we don't know what the end goal is
It's just another method of distribution, right? So
Go ahead good things. Yeah, so just want to clarify chief or you're talking about this is a BRC 420 coin
So I believe isn't that just a completely different meta protocol? I'll be honest. I don't know much about BRC. Yeah
But it's it's nothing that it's just a new it's not even it's not related to rooms at all, correct?
No, this one is a rune minor BRC 420 token
But is it are they what I'm getting at is are they going to launch a rune at the at the having or you know
After the protocol goes live are they saying that they're gonna do that and basically by holding these right now. Yes
Mining an IOU for that. Yes. Okay. Yeah, that's what I'm saying
But it's with BRC 420 and so that's why yesterday was like the the talk of the town because it's the first
BRC 420 minor if that makes it
There's just it's a different meta protocol so there's yeah, there's obviously BRC 20 and then there's several people
I don't know what they changed or what, you know, I have no idea how it works
But um, there's just basically there's a lot of BRC
20 kind of like meta protocol copies if you if you will, but I think the interesting thing here is is
R6 basically set the market for these IOUs and
We're gonna see like I mean it was super predictable
But like many of us said this like on day one of the R6 like you're just gonna see a massive amount of these clones
Come out because like the the fervor for the runes launch and the anticipation of just like shit coins raining down from the sky
It's just it's too juicy of an opportunity for for people
So just be aware like we're about like we're just seeing the beginning of this. It's gonna get crazier in the weeks to come
Is there any other like I know that I've talked to a few people saying that there's a lot of competition
There's gonna be people coming out with more and more of these dude. Is there any like new?
Protocols that are doing the same thing. I know you chief you just mentioned this for 21
But is there any other ones that we need to have our eyes on or that we haven't talked about yet?
These are all people that are building on the Merlin chain
Merlin is a Bitcoin L2 and
BRC 420s are all the assets that are to be used on that right?
they're basing this on top of original bitmap theory and
Just metaverse aspects. So the reason why BRC 420s are I guess so cool
they're sought after is because it's a fractional ization of the original 3d asset and
That's how people hold or own multiple tokens of these 3d assets
And that's why it's also cheaper slash you can do enforceable royalties when
Minting sash inscribing or however you want to do it
So that's the difference on that kind of new protocol standard yesterday Merlin chain went live for
Staking deposit up. Oh set up when I get back on my my account, but basically people are buying a
Shit ton of these BRC 420s and just different assets to deposit into the Merlin chain staking pools
They accept ordinal assets and other BRC 420 assets
And so that's why people kind of the the volume on that side for Cheetos and all that kind of stuff is a little
the minerals because people are using all of those as
deposits into the staking pool
I've been doing a little research on Merlin and the coins been pumping this week
So do a little more of that. There's a lot of layer twos that are coming out on Bitcoin
I think I had a list. There's like over 30
Coming out like the next six months fucking nuts. It's layered. Yeah
The Merlin is supposed to be the biggest one because it's actually based off of Bitcoin itself, right? It's it's on Bitcoin
It's not an L2 rolling up from anywhere else or anything like that
That's what the the coolest part about that one is
TVL is five hundred and forty three million though
Yeah, five hundred and forty three million locked up in the last 24 hours
So it'll be interesting to see how this plays out and they're farming for the the Merle
Token, so if you have an okx wallet or you need to use a unisat wallet go check it out
They've they like I said, they accept assets right not just Bitcoin but assets as well
So you can deposit your bitmaps and other shit, right?
Right, and before we I say head to a few people that came on stage
We talked about how miners were selling at 49k and they're like, oh we need to fund more warehouses to get more miners
Well breaking the world's largest Bitcoin mine begins construction in Texas
Custodian facility will harness an impressive one gigawatt of electricity. The project will cost an estimated of
333 million dollars, so maybe that motherfucker is the one that was selling because they had a fun this goddamn warehouse in Texas
Absolutely fucking insane
Absolutely insane bro. But hey, it's in Texas. At least it's a here in America
Instead of like in Kazakhstan or some shit, right?
So at least we're we're decentralizing getting more of these miners in like Texas and these other these other places
What is another place for America?
Oklahoma, Oklahoma. I know Florida has some pretty good laws for mining. I know Missouri does I
All I ever see is Texas and Nebraska
Because there's actually shit down here that that miners can like miners get paid to shut down
Their their mining operations and stuff on the grid is overpowered since we're on our own power grid
Miners here actually have a big control of the teeter-totter
So let's just say we have a cold front coming in and miners are applying a lot of that pressure
30% or whatever that the state will come in and say hey man, please we got a cold front
We'll pay you XYZ amount to shut down for the next three or four days
And so it's kind of incentivized to be down here in Texas just due to the laws
That protect you as a miner and the fact that the energy grid is separate
And you would only know that if you lived in Texas
So they're cheap also bringing some true value to the space telling you why miners pick Texas that makes sense
Straight up makes sense. So I see gamblers hand up. I'm gonna throw it to him
But I also want to say what's up to Miyagi and say what's up to Steven and stripes
So what's up gambler and after that? I'll go to you guys. What's up, man? What's on your mind? What's good X?
What's good chief TDA stay poor? I got a quick update on the say side
So update on the cabbies that I I mentioned yesterday
I was kind of unsure about them high mint price high collection size
They are sitting at a 200 safe floor right now, which is just under like 20% above mint price
they had a ton of volume last night and
The sentiment is looking decent
So if you're looking for like a mid to long-term play somewhat of a gamble still because we don't know too much about the team
Maybe a play wanted to follow up on that. The other thing is
NFTs some of y'all saw me post
I'm posting about them last week when they were dropping super super exclusive whitelist only
I owned two last night and I went and picked up another three after this tweet
I just pinned it up. It simply says tier 2 claim and then it's in parentheses says watermark
I thought that was related to the art. No, it's literally just saying the art is watermarked for protection
So the important part is tier 2 claim. So that's all we know. I jumped in the discord. I'm like, what the fuck is tier 2
What does that mean? I only held two. That's why I went bought three more because the minimum like role based role
Amount of a live NFTs that you hold related to the minimum
Role related to the amount that you hold is five. So I jumped it up to five
They're up about 25% on the day from about 160 say floor to about
Could be a play we'll see like I said when I first dropped this alive thing
I dropped it as one of the first true quote-unquote depending on what you defined art as art projects on say and
again, this is coming from the
From the Dobbs the dub the dub NFTs, which is a super cultish community on safe
So don't want to give you all too much information
copies are looking decent
Alive announced the new claim might want to get into it. They're up. So be wary of that
Palate how many how many alive do you need to be like if I wanted to buy five alive right now?
How much would it cost me like dollar amount?
So they're sitting at about a 250 safe floor, which is about a hundred and seventy dollars
And they were about a hundred and thirty dollars yesterday at a hundred and sixty a safe floor
And obviously the floor is pumped in say and say is up about seven percent as well
So they get five you're probably looking at six to seven hundred dollars
Yeah, and and it's important to note that the five is complete speculation on my end
I'm you know, that's the minimum, you know role that they'll give you for the amount you have
So I'm like fuck it. I'll go up to five, but it could be one gets you one
You know I'm saying it all we know is this post tier 2 claim
And I really like the art. I like this rock thing. So we'll see where it goes
And then there's also incentive from palette. So this is the next thing I wanted to bring up palette
Officially announced points for those of you don't know palette is the major number one exchange for say NFTs
And they're deciding not to wait until you know, they're dead like OpenSea to make a move there
They're making a move now and they're dropping points. So the leaderboard is out. I'm a little bit disappointed that there's no
Retroactive points shout out Magic Eden for holding it down on that because I've been putting in work
But it's announced now. So if you need a little more incentive to get over say
That may be maybe at play. Oh
And the last thing I want to say is for anybody who's following that pukes call from trill last week or maybe the week before
Community still going strong. I'm kind of fucking with them heavy
And we're having one of our first spaces today and there's an AMA in the discord later if you're interested
Dude appreciate it dude Arthur Hayes came out with a post this morning off his blog saying points are the new ICOs
I don't know if you guys read it or anything, but he kind of like
Summarizing he says the leading to the emergence of points as a new fundraiser and user engagement
Points are described as a blend of ICOs and yield farming providing projects with the flexibility and users with potential awards
He basically expressed optimism about points programs becoming a significant aspect of the successful token launches in this current cycle
So Arthur Hayes saying points are basically this cycles ICOs. So I mean it's everywhere at this point. Go ahead good things
Can you post that up? I definitely like to take a look at that. Yeah, cuz I
I said a couple weeks ago that like the the launch of runes is for me
The closest thing I can analyze to it is it's ICOs
Launch in 2017 like we're gonna see so much so much capital come in like after
But probably right at that event and and just direct
You know after it for I would imagine weeks if not months like it's gonna I don't think people realize yet
But yeah, I mean like obviously it's happening on all three chains
But the runes in and of itself is going to be I think the the main show here
Yeah, I'm I'm not surprised palette exchanges launching points
But I just put it up top it Arthur Hayes 17 hours going points guard is an essay on the new
pseudo ICO crypto fundraising engagement method if you don't understand what points are what they are going to be used for abused on read-on
So just put it up top if you want to it'll probably be there in a few seconds if you want to read up on Arthur
Hayes and his his new points theory
I think he's kind of spot-on with what's going on here with points
But let's move it on to Miyagi and then we'll say what's up to Steven. What up Miyagi
How are you doing this morning? You got any alpha for us Jim inscribing late in the night? Like what's up, bro?
Yeah, man splitting some sats inscribe and trying some things out. Um, yeah, no GM GM
Yeah, I have some some alpha. I got this fresh
Bonk miss they got some dragon rewards going on open it to the top for the bonk, you know ecosystem
You could lock up some bonk to create some type of dragon and on the 20th you can claim it and get some rewards
It's on the bonk miss comm you can go ahead and set that up as well as no
I did want to just kind of I was I came up originally when we were all talking about the runes and everything because I was
Watching the podcast. I watched it twice. Actually, I watched it because I'm a lot of big words a lot of explanations
But uh, I do think that it's pretty cool that he's trying to incorporate the first ten runes
Um, but I think what everybody should be thinking is what comes after like I think he is very clear that
there's gonna be themes and names as well as like the how they explained how like the character shows up like after
the the rune name so I don't know I just think it's opportunities for us to just brainstorm and not necessarily like
You know be too hard on like the first ten because I just think that the first ten are gonna be the first ten and then
Once after that that's really what's gonna be like
It's gonna be like eleven will be the real one almost or like and then like all zero through nine
I'll just be like experiments or something like that
Yeah, and once I mean let's also not forget that sometimes none of the numbers don't matter
It's about the community that supports it like look at what happened with Bitcoin puppets
There is no kind of early inscription like meta for that. It's like hey, this is a great community
I like the art and the community forms around it and becomes one of the best projects
So sometimes it's not so much about like first is first or like it's early
It sometimes is about like the community and how bullish the community is and how much they shill it
so maybe there will be a coin that's maybe
The same people that support Bitcoin puppets rally around and that's the coin and it has no reason why it just does
Like sometimes we like to put like it's never about being first
I know it's just like a good look at crypto folks. Yeah, look at board apes
Sometimes we like to put these rails of like these are gonna be the first ten are gonna be the most valuable
Sometimes it's like 100. Sometimes it's you know 17
Like it sometimes you just can't predict this shit and like that's why I was kind of like mentioned in meme coins in general
A lot of us think like oh, it's it's gonna be Pepe or it's gonna be it's gonna be this meme coin
And like we're basically trying to convince ourselves that we understand when retail comes in here what they're gonna buy
sometimes retail buy stuff that
Nobody in web 3 is bullish on like Shiba Inu was a perfect example of that
They're all like people on tiktok saying she was going to a dollar and we sit here in web 3 like you don't even understand
Market cap like you're a fucking idiot and then like they continue to buy and say it's going to a dollar and it's one
In the top 14 tokens, so sometimes we we give ourselves too much credit
And we think that we know what's gonna happen in the future and sometimes all it takes is just a bullish cold last community
Surround themselves around one coin
So yeah, just like be open-minded about all this stuff and like I I would say the first ten
We're probably pretty hyped off the bat
But you definitely got to keep track of all these and like who's supporting these just some like how we do these ordinals
And just because they're called runes to it
just leaves so much storytelling and just like so much imagination and interpretation to be you know, especially with like
Like again, like they were wearing like Viking and folklore like fantasy getups and like in the video
You know, it's just like I don't know it just adds to like Casey said so many times. It adds to the degeneracy
Can't wait, I mean, it's already interesting like, you know, this market is fun
It's about to get out of fucking control man guys
Like once we get runes and hit retail like you think and then like airdrop continues like this shit is gonna be so hectic
We're gonna be able to feel like a four-hour show easily and then I pinned up this post out
I'll get to you Steven, but we're gonna have a conversation about this and I've been saying this
I think airdrops are how retail comes into this market
If retail returns this year, it will be because of airdrops
This is not 2020 the 2021 with interest rates at zero in abundant money printing
People are having a harder time many living paycheck to paycheck. They don't have money to ape into random shit coins
What do they have what they do have is their time air job farming may?
Just become the new drop shipping and that's kind of what I feel man. Like whoa
Drop ship drop shipping was one of the most valuable businesses during COVID like Luca made millions of dollars. Yeah, but printing
shit coins and air dropping is not it's
You spending your time farming a protocol that cost you zero dollars just cost you time and you now get rewarded one to two
Hey, that's more than some people making it and I know today
So like people are struggling people are like I don't have any money
I'm living paycheck to paycheck. My job only pays me $500 a week
Maybe if I take a few hours out of my Damon farm this air job
I can make half of my fucking monthly salary and like I feel like a lot of this information is gonna come from us
Before retail gets in here. There is gonna be a
Moment where we're all just like I can't believe I would just participate in I got all this money
We're gonna go screenshot that and tell our family and that's gonna start getting to other family members
Like they're gonna start asking you like so you made four thousand dollars by just playing on a test net
How do I get involved and I think the money is the main is the main I guess onboarding
It's never the technology. It's like do you believe I made this money with my stimulus check?
Or do you believe I made this money off air drops and I think that air drops possibly we're in this meta
It's not stopping points are gonna continue to be a thing this whole cycle
I definitely think air drops might be that vector that
Onboards the most people because this is basically stimulus checks being given to you fucking weekly
There's over 250 air drops ready to launch in this year
so you're basically gonna have an air drop a week for the next year like
I got I got like I got like
I don't know an average of like 150 to 190 bucks, you know in four different wallets for the rug drop yesterday
Now that doesn't seem like a lot of money, but that's pretty crazy
And if something goes if that rug token goes
Like that's gonna be real money and there's there's I mean
There's so many people that are already getting like real money that to crypto people sounds like not a lot of money
But as we go on here and those things become material
Like I think you're absolutely right express. So like I think it's just gonna it's gonna be raining money and
And that is just always the biggest. Well, what do you think good things attractive? We think about our lives, right?
What was the biggest about what was the bigger onboarding event back in 2020?
It's actually infinity and why because people in third world countries were making their whole salary in a week by playing this so to us
$500 is like that's great
But if someone in a third world country can do this same thing and make 500 bucks that could change their whole generational
We think about ours because we're privileged but think about all the people in third world countries that
$200 are even 50 bucks could possibly feed their family for years
So I think not only do I think when we think of retail we think of our family nurse
I think of retail as people in other countries that are not a privilege that's coming in here
Seeing like this is this could possibly change my life similar to how ax the infinity changed a lot of people's lives
That's why I mean, I guess the whole point of this right is to teach skills that we don't got to take from each other
There's plenty out there on the table
You just got to know where to look right and ideally if we point where to look and teach you how to research and you
Know how to make your own decisions empower yourself doesn't matter what situation what day what month or whatever? You're not a fish
Right. So you just gotta go look and that's the whole point is to know how to fish and maybe you don't want to fish forever
And you don't want to fish today, but whenever you need to it's a skill that you got in your back pocket that you can come
Let's go. I do want to I want to get to Steven. Yeah, I want to go to Steven
He's been waiting there and then I'll get to you patch. I promise my guy and then strikes good Steven
You know, I have to talk about this talk about whatever the fuck you want, man
Thank God because I really wanted to sit here. I'm just kidding
The the first thing I wanted to lead with today was a very very candid
Taking ownership of an F up
Nothing that good things ever says this financial advice. I insinuated yesterday that he was giving financial advice
He was not giving financial advice. He's not qualified to do
Dude my attorney my attorneys have already we've already filed paperwork even you'll you'll hear
Damn it. I thought this reneging was gonna cover my ass enough. It didn't
Anyway, I guess we'll move on to art because that's the only thing that's gonna save me now
Today we've got a pretty big launch over on Bitcoin
From the good folks over at function gallery. They're launching two collections today one that's smaller pop one
That is coming from a really really well-known artist already over in that world
by the name of Pavel Dutko
That collection is called elapsed. It's launching at 3 p.m. Eastern time. The other collection is
Called La Tintacion from lemon haze that collection is only gonna be 16 pieces
So like very very small supply, but the cool thing about what they're doing with function is that like it's
Middle ground between long-form generative art and strictly like curated outputs
they've kind of managed to create a little bit of a balance between the two and our
Dead-on focused about like creating a better experience for collecting generative art on Bitcoin
I just got off the phone with them because they've asked me and given me the opportunity to host their launch party
Really thinking about things at a much different level in my opinion from what we've seen so far in generative art on Bitcoin
I have nothing but respect for a lot of the people that have been dropping collections there
But I think that function is absolutely a group to watch
They're building themselves as a gallery as opposed to you know, just a drops platform
So they're kind of gonna end up being one of the first few generative art houses on Bitcoin
So I'd watch that for sure if you want to come by
Their launch party today. That's it 2 p.m. Eastern time. It'll be running through Pavel's mint. So
Drop them by we'll be having a good time talking art
But besides that I just wanted to make sure that everybody was well aware that next week
There are a couple really really big drops upcoming. I'll have those published on Monday morning for you
But another member of the TDA actually has a drop that I believe is going live today
But we can ask Miyagi for info on that as well. He was kind enough to share some outputs with me last night
So Miyagi if you want to talk a little bit about what you're you're releasing. I think everybody might like to hear about it. I
Appreciate that Steven. I wasn't gonna mention it just cuz um, it was something fun that I'm doing but I pretty yeah
I definitely well, so I'm doing an AI art project for the Chinese New Year
Um, it is on Solana and it is a eight hundred and eighty eight supply
it's gonna be about two dollars to mint and
the reason why I didn't want really want to mention the show it is because
It is something that I experimented with we're doing a lot of AI stuff in the boo in the boo kingdom
um, and I've done AI art before so this was something like
you know get get experience and put something out there and kind of get experience on the back end of like managing a Twitter and
you know promoting with my network and you know getting people and like kind of doing everything because I
Do plan on doing something unique and on Bitcoin and I do want to bring something to the space
And so this is kind of like a little test run. Uh, so I am gonna pin it to the top. Uh, if that's cool
You guys could retweet comment under it and I'll add pretty much everyone in here onto the white list
The white list has like 10 more spots, but I could you know, I'm sure people will interact. But yeah, thank you
Appreciate it Steven. And yeah, it's cool. I
Just figured that I would lean into the power of peer pressure. It's what I typically do best
So I appreciate you, you know being willing to share it
That's that's what I just like to do I make sure like to make sure that you know
Everybody in the community if they're if they've got something upcoming
Gets a little bit of play for it because we talk a lot of art
Throughout the week or at least I like to update you guys on it, but it's important that we support our own
So that's what I got for you today again
Apologies for insinuating good things ever gave financial advice. I will go get a better lawyer. I
Appreciate it and shout out to me. I knew about this, but I was gonna let him talk about it
So I'm glad you put him on the spot because I was thinking about doing it today
But I have a weight but yeah, shut up the Miyagi man
Don't ever feel scared because you're part of the community you bring value to the space like I know this is you know
You're putting your art in the world and you're kind of like hesitant like feel just put your nuts on the table
This is what I did like this is good enough. Hope you guys hope you guys like it
I really appreciate those words man
Honestly, cuz like that's kind of what it was a little bit like like I'm gonna do that for my ordinal and but like this
One I was a little hesitant. So thank you for those words. It really does mean a lot. Appreciate the community. Thank you all
Sorry, you're good enough your arts good enough always believe in yourself and don't ever be scared to show the world
What you got in your mind, man?
It's the most horrible thing. That's the only thing we got. So let's uh, let's go to patches and then the stripes
And we'll get back to some output. What a patch. It's not my guy
Yo, what's up GM GM, can you guys hear me? All right
All right, cool. Yeah, bro, I
My earbuds have been dying on me man, like randomly so my mic would just stop working but
No, I've been real busy lately. So I've been listening. I haven't been coming up and sharing any alpha but grateful for the TDA and
Expresso and chef you guys have we in this for a long time and now it's cool to see like a real community kind of like vibe
Around it and help each other out and stuff. So thank you for that. But um, I know we've been talking about the
404s the unofficial stuff
Kind of had a little bit of alpha
I had an opportunity to I've been a
Froggy friend holders since they're mint like a long time ago now in this place years ago
And I'm actually a big fan of their founder
Fauzi, he's a he's a dev. He's done a lot of cool stuff in this space
They always try to cook up some stuff and they've been cooking for 2024, but I guess
He got connected with Pandora and even like defrogs and other stuff that's been going on 404. So
Yesterday they launched tadpole, which is their 404
There was some some really good dips and opportunities to buy even right now
It's far lower. It's about
Last time I checked it was nearly one-fourth of what it was wanted to open to enter
You guys know how 404 is work. You have one 404 of the like one token you have the NFT
So I've made some purchases on the dips
They haven't done anything in terms of the snapshot they did for the airdrop to the holders
there's a lot of like questions around that but
I think it's an opportunity to maybe like buy when there's some red in the water
Last time I checked when I was waiting on my hand up one tadpole was all the way down to point zero seven
Which I think it's going to be pretty crazy come the end of the day
They literally just as I started speaking on the official account to
Put up some more detailed information on how it's all going to work. I guess they're making it so
The froggy friends the their traditional collection you're going to be able to stake that to actually earn
Through hibernation. They're calling it
froggy friends had staking previously you could earn ribbit token and they went through a contract migration where
They were also read like updating the website and stuff and that was all coming back online
So now this shaking that up. I don't know what the future of ribbit is
I think that's still going to be something that they use like within their ecosystem, but now they have this 404 token and I
Think it definitely has some legs to it
Do I or not financial advice all that but
If there was a time to enter the time would be now in terms of obtaining tadpole and now with that most recent post
That they've literally just dropped. I've had nobody's on them for like three days because it's been crazy
They have this planned like executed release that they're doing in the back end and Fauzi and team have been really committed to that
Yeah, they just released the information on hibernation. So the frogs are probably gonna run again
They were running up to 0.25 nearly 0.3
Around the snapshot they went back down had a little bit of action again last night
Because of Fauzi's tweets after he was right before he went to sleep after he was done doing a lot of the dead work
I know this morning. He had a call with wasabi protocol to get tadpole listed there
So I think it's literally like the beginning of it
Usually I wouldn't like I'm a security guy. I'm not like trying to like get involved in something that's unofficial to this degree
But with the opportunity with the froggy friends team and with Fauzi
Yeah, I'm I'm taking a stab at it
So kind of exciting today to see how this runs now because like I said, I with the 404 though
I've been watching it since it launched yesterday
Literally, we had people that were buying as soon as it launched
It ran up to like seven eight hundred even higher
I think and they were buying then and then immediately were getting scared because
It was going down and they were like selling out and on those like bigger sellouts the price can go down like
Twenty forty dollars like it's crazy depending on the sellout. So these early stages
It's really really fluctuating to like a high degree
So if you can capture a low entry and maybe you're a little curious
Even just get one if you own one of the 404
You'll have the tadpole NFT and your wallet like I already have mine in my wallet now
And I'm just waiting on you know, next steps are this hibernation thing. So I might try to accumulate more frogs
Hey really quick. Yeah, I was reading the I was reading the tweet and it says that you had to get up you had to get a
Soul bomb token from the snapshot. So I assume if you buy it now you miss that right?
That part was what everyone was waiting on
What how did the snapshot play into it because they did the snapshot for me on the East Coast they did it
Not yesterday the night before at 10 p.m. Eastern
The snapshot went through the everything was pumping. That's when they were up at like point two five point three
And then they trailed out
Over the night to the next day because then everyone was waiting for the coin to actually launch and like real
Announcements of how the airdrop was gonna work
If you know froggy and you just do like simple math their core collection is only
They've already said that they're doing a small allocation
of the drop to Pandora holders
50% was for public that remaining of that other 50. That's like 48% is
this whole hibernation or to an airdrop mechanic and if that's what they just announced with the soul token then you probably need the
Soulbound token to qualify for that because they've done that for their past anniversaries
Like I have their they have sold out tokens
I have their one year and I have their mint one if you minted you had a token and if you were there for
The one year you have a token. So this would be the third token. They've done
Yeah, I mean there's so many of these coming out and I bought one yesterday
I bought a small amount of this I think it's called relics and I think about point oh five and it was at like a
220 million a million a two hundred twenty thousand dollar market cap
Woke up this morning. This just had like 27k market cap. So I think I got rugs but like I think it to
There's so many of these and a lot of people are getting a rug
But like if you have an existing community involved, I'm not saying that's like a better avenue
You could still get rugged but like froggy friends been around for a while
The fact that this team is doing something at least there is some people like in the community that you know
Bullish about it. I don't know how good would know which one's good or which one's bad
But I also put up a chart or like a visualization chart of how ERC 404s work
Like I'm a pretty visual learner reading these threads. I get a bit confused
But I put there's a there's from Stacy Merck, but basically created a graphic on how 404s work
So if you are a bit confused, there you go. And then
Chief pin something up but also I have a list here
This guy basically put a list together of some of the top
ERC 404s to look at so if you are trying to figure out which ones to look at
I'm not saying buy these but we have Pandora. Obviously we have
SWPRS we have D frogs. We have rug fake. Oh s
M-y st. Troves and in 404. So those are the ones that he says that you know
Hey, these are my top lists and maybe he did a little more research than me
Yeah, just that might be a little if you are interested maybe research those before dive in deep into the other ones
this is all the rage and everybody's talking about 404 now and we'll see where it goes and maybe they're I
Personally think a lot of the winners are just gonna be sold into and they're gonna buy more Pandora
Pandora seems to be the leader here and it's just continuing
I do want to continue the conversation and I'm gonna throw the stripes and then we're gonna get to some alpha cheap
Pended up some stuff. So we're getting into that. Oh, maybe it's even the pins and stuff up. So never mind go ahead stripes
You're touching on a whole bunch of stuff in the Bitcoin ecosystem, right from mining to be our c420s and even Merlin
So I wanted to ask are you guys bridging anything over to Merlin the layer two for Bitcoin? I
Need to learn how to do it first, but I've been having like I fucked with this with a few layer twos
What was the one the Satoshi vision one? I forget the name of that one and it was super complicated
And I didn't have a great experience. So I've been kind of fading fucking with these layer twos on Bitcoin
But have you played on Merlin yet? Is it easy simple? Do you have any resources to maybe walk us through it thread or something?
Yeah. Yeah. Yeah, um, I'll uh, uh, if you want I can pin something up to the top or drop it down in the comments
Whatever you want. Um, but yeah
You got it you got it, um, basically right now, I mean from everything that I've seen it's the the layer two in the lead
There's a lot of competing L2s
But I mean seeing everything that came from the BRC
420 kind of ecosystem and now seeing how many of those assets are being bridged over
I mean people are dumping insane amounts of Bitcoin into this
And I just think that it's probably got the best potential upside right now
I initially faded the blue box to my own detriment for anybody that doesn't know that's sitting right at about thirty three thousand US dollars
10k supply and ever since then I've been
Max minting the shit out of every BRC 420 pretty much
Just you know, maybe it's out of FOMO
But uh, but yeah, there's a there's a couple that that aren't too bad like last night. I max minted what the Verothea mines
And like a few others, but uh, but yeah, I think that right now as far as like the L2s go
That's where I would put my bet but yeah, I'll go I'll find that on that thread
It was somebody from the goosiness community put out a nice little thread and account to basically deposit Bitcoin versus like
Different assets you have like if you have bitmaps you can use that to potentially get like a higher token allocation
There's a lockup period for I think it was two weeks now
It should be about 13 days, but uh, but yeah, there's a lot of people bullish on it. I was putting it at first
Just because you know anybody that wants to take something and then tell me oh, hey, don't worry
We'll give you more of what you put in but just wait two weeks
So so yeah, it's a little bit of healthy fud there, but there's so much just money pouring into it
I don't think I can fade it any longer
Allocations are being like distributed so far and that you know
The amount of bitmap versus other BRC for 20 assets that are put in so you can kind of check out what people are doing
Right. They got 28 million bitmaps have been deposited
USD I guess USD value worth of BRC for 20s have been deposited
So this is what people have been buying all these BRC for 20 assets for and prepping for is this Merlin chain?
So yeah, man, it's kind of it's really simple to like sorry to cut job
But it's really simple you go to the Merlin it says bridge to chain or deposit BTC
So I mean is it literally keeps it as as basic as any I got assets bridge these to the chain
Or I got BTC just bridge it in there and you're you're farming quote-unquote or expecting the Merle
So just to put that out there
Well and and the kind of play was prior to that with everybody getting ready to bridge the assets
You know a lot of the assets were still kind of cheaper
So you could kind of get in and now that people are bridging them over, you know
The price is surging on a couple of the collections
So definitely don't FOMO into anything mid pump. It's never a good idea
But but yeah, definitely something to watch and like I said, man
Some of these are definitely gonna go to zero, but I'm I'm I'm max minting almost every other BRC for 20
Like I said, just maybe out of FOMO but but some of them that returns are nice. I'm mad about it
Dude, the ords game one was a nice cook
We were cooking on that for like months beforehand and that she ran out to about a hundred and twenty a pop
So anyone that got those cook those up, I think those will be Dow ones
Hopefully, you know out of bag buys they go up
But you know those I think that one will be starts moving around and you get the Chinese influence
Which is who's really supporting this Merlin chain and the BRC for 20 kind of?
When they start getting involved in the fact that they have an exchange dabbling in that same world, you know
It makes a little bit of sense to me. That was kind of my investment thesis
I pinned up something to the top. Yes, I think I think a couple back
Anyone that's involved in the track
Just a little update for you guys. There is an airdrop that's coming
Okay, so a little bit of information about how it's gonna break down
For those of you guys that don't know track will receive 80% of the token
Pipe as the main token of the pipe protocol will receive 20%
Tap holders will get something after launch. It is unclear to what it is
There's a medium article that's been posted by that day
It'll give you a bigger breakdown on the tokenomics of the airdrop and how it works
This is the first phase of the airdrop will invite a straightforward balance snapshot on February 28th
We will assess the holdings of track and pipe in each wallet and distribute the airdrop on pro rate of basis
Of the market launch of the tap token the second snapshot will be at some point in q2 of 24
We will once again snapshot the wallets of holders and distribute the second batch of tap airdrop to track and pipe holders
Although this phase will airdrop tap tokens to new holders
We will also incentivize further wallets that have retrained retain their track and pipe holdings between the two snapshots
The longer term holders will receive an additional 50% boost of the airdrop allocation
so basically if you have tap and track and
You are included in snapshot 1 the goal is to hold until snapshot 2
So you get that 50% multiplier boost when you get the second airdrop so it cannot move
That's kind of what they're saying right here in the medium article, right?
Where do I keep my tap my track in my pipe more information on there on the self custodial wallets that you should use
And what works and what doesn't so if you want more information?
It's up there. They also have grants for you to build on track
Or I guess tap now is going to be the all-encompassing token for that ecosystem
So if you're a builder out there and you want to go build on track pipe or any of those indexing protocols
Go check it out because they have that open too. So
You're here. Sorry. I was in the middle of a goddamn. No, you're good. I was just making sure I wanted running
I just vanished bro, and I can still listen on my PC and then I'll be gone on my phone
So as well, so there was yeah, there's an airdrop on base yesterday
So check your wallets on base chain. If you think you have enough activity, you can directly check about
About the below dog token with the contract. It has directly airdrop to your wallet
so it's kind of the doge of
base so doge is based and the super chain our super bridge is here to help facilitate this transaction a
Three million airdrop is happening over the next month. Just by bridging over you'll be eligible for doji our dog. Why say doji?
From them this guy named path seems to be part of it today. We airdrops
To over 500,000 new holders on base
They now all own the dog or the doge a timeless piece of internet culture and has been immortalized on the blockchain
Go check your wallets, but it also looks like this is not over if you use the super bridge
Looks like you will be eligible for more airdrops of this dog token. That's on base
So I don't know if anybody knew about this. Did you know about this chief?
I haven't even checked my wallets. Maybe that's in there, but I didn't do a lot of activity
I just basically did transactions on I didn't even get DYM from my friend tech wallet, which suck so
You know a lot of people got DYM from their friend tech wallets
And I didn't even get any that so I just chalked friend. I deleted all those funk ass apps, bro
It could be free money if you are someone that participate on base during that time where everybody was buying
You know the meme coins and you're doing other stuff other than friend tech be eligible for some free money
Go check all the threads are up there for you. So just want to throw that out there and
What the fuck happened yesterday with fucking board apes
There's a bunch of fun with like the land of Mara or whatever
I saw Evie seven was talking about he's super disappointed and they hand us some fuckups with the
This double have you keep track of what's going on with this?
I have you sold and just kindly wiped your hands from the apes or
What are your thoughts? I'll pin up kind of the thread that he was talking about but I'm kind of driving
So when I park I'll do it. Do you have that?
On the oh, he's not up here. No, that's all I had to check both phones. Now. I'm like am I tripping?
Yeah, I think he just I think the issue with that and I'll see if I can find the thread that the people were upset
Is that the loot boxes were hosted on a different chain or different? I think it's a nail, too
And so obviously that causes a bit of issue when it comes down to tracking volume or any metrics
You know when people are sitting here trying to compare and say hey look
Look at how much this is trading for this and then it's in like poly on or something
So I didn't keep too much track of it
But that's the the brief information I read and I'll post up the article once I find it
So give me one quick second
You can't just profile picture today, too
I'm sorry, but you guys dropping the ball over and over that being the solution is wild to me
Not thinking of a mint on a layer one being a problem is even more wild need need new people in this team from a staff
And this is from him replying to Spencer Tucker
Which apparently is part of the UGA gaming council and he says we've seen the feedback of the LO TM
Lootment and we agree that we got it wrong minting loot on a layer one makes the items to the gas ratio bad
People who minted ship parts paid a bunch of gas which sucks. So we want to make things right
So while it's holding ship parts as of one twelve PT are eligible to claim a catalyst one per wallet
Before the end of p1. We're also going to stop mints for ship parts until there's a better solution
Partner Luke can now can continue to be claimed and we are excited to see what our friends and the ecosystem do with the tokens
So looks like they're giving you a refund which is always nice
Are giving out a refund, but I guess give me another part and we'll see how that goes
But yeah, we're taking some taking a loss after loss and people are kind of like I'm kind of done with this
And so not great for you good, but I mean we had Franklin sell his ape not great
I think yesterday or two days ago. We only had like four to ten sales on board apes
so like they're kind of losing momentum and like the the club isn't as as
Prominent as it used to be which is kind of how this space works. It's kind of these NFT projects are clubs
They're kind of like nightclubs, you know, all the popular people are going to a nightclub you want to go
But once everybody moves to the next club that kind of club is kind of like yeah
Maybe I'll go some other time and no one ever comes back so not great
But we'll see how it goes what up IP get your hand up for a while. What's good, bro? You know, just real quick
I don't know how I missed this announcement in
But I went to the basic website this morning and I was completely fucking blown away
I could not believe how immersive dynamic and vast that website was
So if anybody has not seen the revamped new website, I suggest you go there
It's fucking mind-blowing. I mean it must have taken a ton of time and a ton of money to produce
They have the war chest so it better be pristine
I think that's why a lot of people kind of put things that go wrong with basic they have all the money and
notoriously all their stuff has been kind of like pretty good other than like it started kind of turning during the
The other side land right like that was a crazy fucking thing that happened
but like all their videos are typically like dope Dookie Dash was fun like they they've done a lot of cool stuff and then
Like you have Gordon leave and then kind of stuff starts falling apart
people don't like the passive games and the idlers and then you have
fucking this mess up and then you have the frame rate issue with the trailer and just people are just kind of like
Man, you guys had a flawless record and it's like kind of seems like you've lost that kind of stops a little bit
I don't know man. Yeah, the question
You know, the question is like, you know, what will happen with the other side?
No, you really got nifty island. They're really just fucking, you know
Stepped on there, you know just gotten the way and is doing exactly what probably the other side was planning on doing who knows time
This energy is gone in the space I just got us to sit here and park and just run the whole fucking space
It's every fucking two minutes with you, bro
Can't deal. All right. I get like 12 stops an hour. I'm typically like 30. I just it just takes forever now
Yeah, let's go into fucking true yo, can you not hear me bro
No, bro. Fuck. How long how long does it take to get a fucking phone delivered to your house?
I don't know. You're the probably the motherfucker doing it
He's pulled over on the side of the street listening to a space or something. I don't know fucking
Sit how long how long ago did you buy this phone?
You like FedEx Express overnight, like you just put it on the fucking snail trail you have you have a discount code
I mean, I'll use your FedEx referral code all day, bro. If there's one of those please put that out there for us
You should have asked before you bought my guy, but hey, what's good?
That I've been trying to I posted it up like four times on my on the other account
I just vanished bro pit network confirmed first airdrop
I'm posting it up there. You have to do a little something right in order to actually qualify
But if you had pitts staked
then you qualify for something called
Uh, one million amber points for pit stakers nabla farance is powered by pit data
We allocated one million amber for pit stakers who would participate in the nabla's
Incentivized testnet alpha on ethereum sepolia
Chain or rpc or whatever tasks can be completed in less than 15 minutes and they're totally free
Here's how to participate. So you can participate if you staked at least 250 pith
And bound your evm wallet on the pith portal before february 8th. So pretty low requirement actually if you
Um staked it before what was it at the 9th yesterday?
And in that expectation for an airdrop
This is the first one that's kind of came and official and it's even being tweeted and kind of like retweeted by the pith network
So I think it's going to continue to grow as people use pith for data
Right, and so I would be interested to see if this is actually the first one how it plays out
And if it's worth it, but I mean you already staked your pith
It'd be stupid to leave the money on the table that you were waiting for so go check it out. Yep
Yeah, it's like chain like it's an oracle. Um
Like I remember during 2021
Every fucking few days who is chain link partners with this chain link part with that
But now we're in the airdrop season where partnering with projects gets you fucking tokens
So pith is like is like the chain link of this cycle where there's like 50 plus protocols that all use
I went on jupiter and I was using jupiter and literally on the bottom corner of the jupiter chart
It says powered by pith data. I'm like, oh shit
Oh, I mean they have multiple airdrops. I think they have two or three more community drops
You probably if you're sticking pith you probably get some of that shit
But yeah pith's gonna be I mean to be crazy if you staked
Like I said, you probably got to be in the top 40 to 50 to get these rewards
But I think that's a cook
But yeah, let's get into the five projects that trill and then i'll throw it to mani
You want to say what's up to him?
I know he's been gone for a while but trill break down your thread
You did a great job kind of top five projects to follow and watch in the next kind of few months
So let's run through this real quick. Yeah, jam
Yeah, phone five of them one. We've already kind of talked about and now it's through ruto
And that's gonna be echo forest. I am in a discord. It's kind of just following along but it is built by two doodles
I've mentioned them in the thread. They're cool
I'm in the dms with them that they're not officially like on the partner side yet looking for collabs
But if you're looking to like gain white list try to get into the discord
And then they have like zealie quests for you to get points and eventually I think those those will turn into whiteness
Um, another one I do want to call out was kanoa and post it up to the top. This one's fairly brand new
It's like 218 followers when I posted it up, but
Um has a golden badge and everything vcs are like following it and then they do have a ticker in the bottom
It looks to be like an anime style trading card game. So that one looked interesting
um, and then the other one that is
Like already has a date and a supply and a mid price is uh
The flux gen art, um, this is from another
Punk holder going on to soul releasing some some art on there
Um, so that's what I wanted to call it out. It's it's already kind of
In the process of like handing out whiteness. So trying to get that for the tda
So I wanted to include it here flex gen art is one and another one on the art side
Is uh extra p extra v art looks to be like a studio again from another punk holder
Um looking to make some genera of our ai
On the um, it's looking like on the east side
So they do have a drop coming up called temporals that I'll post up to the top
Um as well just so you can get some more information on it and follow those, um follows accounts. So
A lot of these are like under a thousand. Um, there's one that's like on the east side that's dated
Building like digital fashion. That's going to be 10k
10k a so yeah, a lot of these are pretty early
Um outside of echo but echo forest is one that's already kind of being built out
So yeah five projects for you guys to follow and and just kind of keep track of them and obviously on our side
Trying to get uh, whiteness for the tda in the community
I love the threader trill. Yeah, you were you were going down that path and then your account got suspended and you kind of like
He's creating these fucking valuable ass threads that I could talk about on the space and inform the community
So I I think also being the collab manager and getting these projects early
It's kind of helped you out with these early early threads, too, right?
Yeah 100% that was kind of the the path we're going on before I got suspended but yeah back at it, man
You know definitely have uh
I mean from the community and then obviously they're throwing stuff at me that to look at so
It's definitely a community effort and definitely going to keep writing these
I post these up on thursday and outside of the weekly alpha that I post on monday
So yeah, you guys want to get some early kind of insights?
Just keep following me and and I'll be posting these up
Yes, sir. Yes, sir. So before I get to mani let's get away from some alpha. Uh, so meme land
Um, they had an update this morning. Uh, check your
Your wallets eligibility on meme land, uh meme coin org slash farm if your status is human
Then you are good to go. But if it says robot then you'll need to be eligible, but they have meme farming
And they basically on the site mean farming
Season one is over. It's time to harvest check your eligibility and I connect with your ex check progress with your wallet
So it seems to be a new phase of this farming. I don't actually I don't have any wallet
But if you do have some meme coin and you have farm before go to the website I've provided up top and I talked about this
Last week, um, but you guys if you ever use blast, you know, you're eligible for these pre-tokens called blaster
For those who have previously staked eat on assets on blast or utilize the bridge you qualify for bl str pre-tokens
Calculated based on your blast activities and early access you can register and use the same wallet used for blast
You go to the blaster swap.com and then there's an invite code there
W4vo and then you connect your wallet and you follow that and then they'll give you these tokens
So if you haven't used blast you're eligible for some free money over there are pre-tokens
I don't know how much they're worth but figure out though. It's you and let you know, but Manny
How are we doing? My guy Manny has been on a bender
researching all these ai coins
Have you fucking created a note on bit tensor like what is up, man, like give us so give us what you've been working on my guy
Yeah, it's been uh, definitely been in the trenches now. That's for sure
I don't know. I think when sam Altman said that he was asking for a subnet really developed
Tal is gonna send right anything close to that
Within like talking like yeah, sure you shoot for the stars, but you've been going to mine
even at like over a hundred billion
It's pretty insane as far as evaluation. So I really think that
All these ai coins are still super early. I'd be looking at tal i'm looking at this new one that came out called n
um t on uh binance and then
Rx, I think that's coming out gaming or something. It was like incubated on a coin market cab
So that one looks the most interesting to me and dinghings talked about it, too. So
Like really misses so that's pretty interesting and then some other ones ai power grid and then
smh and then i'm honestly more still looking at just like
Bitcoin layer 2 stuff anything that melon's talking about is pretty much where I want to be
Yeah, I mean the bitcoin layer 2 stuff is
I don't know. It's definitely going to be a thing
I definitely think bitcoin is kind of going to be
Like very highlighted this year with all the etfs and I think anything associated with bitcoin
It's not going to go up in price even if the functionality of the layer 2 is complete shit
We were talking about merlin earlier and there's a bunch like of layer twos that are coming out
On bitcoin, so I think I maybe need it like
I've been doing a lot of fucking shit like on ethereum and like like testnets like barry chain
I could not get a fucking faucet token yesterday from barry chain
And then I went the prism I could not get a faucet coin on that either like all these faucets are fucking dried up
I need to fuck it somewhere where I can actually participate on test nets and I think maybe
The bitcoin layer 2 is not a crowded trade because people aren't comfortable with it or don't understand it. So
Faucet tokens for you know what i'm saying like two cents a pop
You know, there may be free at the faucet, but the faucets never open
So if you need some I told you this market would come as people start to follow through
Yeah, I want faucet tokens i'll pay whatever otc the convenience is way better
I'm gonna wait every six hours and try and hit something bro
Yeah, it looks like every train I go to the faucets fucking tapped out
And i'm just like do I need to go to wales market or something like where do the faucet
Where are the faucet tokens trade man? Like come on
Peek should be coming out
Um in about a month or two
Right because we did the press spanking or whatever on the talisman wallet
And they said quarter one. They're gonna drop the peep token. So
That's pretty interesting. And then what else did I do?
So i'm up to like 11 million points on that thing
Or whatever. So i'm like monitoring the airspace in my often
I couldn't hear what you said because it's a bit crowded. Uh, where you at but uh, whatever you said probably is alpha
It was just a little crowded. You're probably at a conference. I think that's what you're doing. So
Yeah, shout out to you. Um and appreciate you coming up and at least giving us a little
A little alpha. Um yesterday we were talking about how
You know, we're trying to find competitors to
What do you want to call it?
Uh shrapnel, right and I was saying off the grid
Seems to be a play and then I kind of saw this that was uh launched from alo about 23 minutes ago
And he he's commented on off a grid post that happened an hour ago. So this is news
This is the first web3 game listed on xbox
It runs on the avax subnet the first of many and this is off the grid came out an hour ago
Xbox users assemble a wild off the grid page has appeared on the xbox store ready to be added to your wishlets
Come on zero smash that wishlist button and share it with your friends your gamer grandma drunk text your ex the whole world
Seems to be the very first web3 game that's actually playable on ps5 and xbox
does that change the trajectory of it the fact that
Users and this is going to be on the download store and you can play with your controllers and it's not pc based
You see this has like maybe it could be outpace
Shrapnel since that's more of a pc game. No
And the reason why I say no is because the guy who's their marketing person
Was the person who did the twitch?
Thing right and most of the game funnel stuff
Is going to come from twitch and he knows how to optimize and what people to get for it
And if you look at the streams, right like i'd be looking at the streams of off the grid versus shrapnel
As a litmus test and if they ever cross over
Or whatever, then you know that it's better than that and they can outpace it. But until that happens
Yeah, I mean have you looked at the strap like the shrapnel coin and like the prices
Of everything around shrapnel. It's like they had that playtest over the weekend
It seems like people were kind of bearish on the development
Of it and there's a lot of marketing being done by shrapnel. They fucking sponsor everybody's space
Kind of reminds me of fucking ftx back in the day and you're like, why are you trying to sponsor so fucking much?
Is your game not that great? Like I don't know
It's kind of some red flags there for me personally
But uh, that's just me talking out of my ass, I guess but i'm super
I think that off the grid and gunzilla games are going to give
Fucking shrapnel a run for their money. That's just my opinion and we'll see where it goes. But these guys
You don't want to fuck around with me. They do
I hope they do because it'll push innovation, right? These people will be better
Competition. So I don't know see what happens
And we will see and it's on a backs too
That's crazy. I thought that was totally different. I thought it was on a different blockchain all together
So that was interesting. Um
I got something i'm gonna post to the top. So go ahead. I don't know if anyone saw this
I mean, it's a little in a sense late since i'm on this shit now
I think if I just don't talk from that account, we're good or don't do anything
But we'll see how I last I pinned it up to the top if you pre-ordered a
saga phone a salon of mobile phone two
Uh, you have received a soul bound token sent to that. I guess to that wallet address
Letting you know that you're part of that
You know first way well, I guess second wave of of orders
And this is kind of what people were scared of with the first one
Right that if they did this whole thing, you know d value the one
So we'll see how this plays out. I mean it is visible
It says too that you got the second one
Maybe they can differentiate that or i'm pretty sure they can with a smart contract to say hey
You know one holders get a 10 20 more allocation, whatever it is. So
Yeah, just posting that up to the top. I know a lot of us did pre-order or some of us did
Um, but soul bound token to your wallet, man
I think it was the first 1500 on the leaderboard that get it off the bat
And then they kind of said later in the thread that the other people will
Later on possibly get the soul bound token
Have you got yours in your wallet to confirm that it was to everybody because I always thought was the
1500 leaderboard thing I'll double check but I always thought it goes to everyone
They just get it first in terms of like qualifying for airdrops, you know
Yeah, i'll double check right now
Do you see this like mani you have the genesis
And then we have chapter two do you see genesis holders get in a bigger allocation?
They get the same airdrops or do you see they get different airdrops?
They get the same airdrops, but genesis get a bigger allocation than chapter two
How do you think this plays out with the salon phone?
I use my uh, salon phone wallet to claim this so I can have both
In the anticipation that it'll be additive, right?
So if I have the gen one and two in the same wallet then I get both allocations
Is what I was thinking but I don't know
It's all pretty speculative and if i'm being honest, I don't think there's anything kind of worth the shit coming out
That i'll be excited to get a job for you know, like the new thing
You know, yeah, go ahead no, I was just gonna say I mean I think that now
Everyone uses that as a as a route and I I don't think it is as shiny
Right, but it's still a distribution channel and in reality when you look at other channels
Across like global conglomerates. It's it's nothing
Right, even if you add all the numbers for salon and mobile one and two and you say hey, this is my distribution avenue
These are many people I can touch
Uh in reality, that's nothing compared to a global brand. So they still have a long way to go
I just think that we're in a sense
The it's like anything else, right?
You got in first you get the bigger slice and eventually it will it'll start getting cut to the point where there's nothing left
But in reality, don't you?
I mean if you're distributing an airdrop
I think the numbers are kind of high
100 what is it 140 that pre-ordered plus the 20 that kid so you have 180 people
Thousand wallets that you're distributing airdrops to like that kind of seems like a not a big slice that we're going to get here
If there is even airdrops
Well, that's my point. I think it's going to get less. But if you think about as a company
Yeah. Yeah. Yeah as a company is not but it's someone as a consumer
That's trying to get airdrops out of it kind of seems like there's a lot of people in this trade
That's trying to get these airdrops and it might not be as valuable as we first thought I guess
It's almost as bad as the pit state groups, right?
Isn't there like how many thousands hundreds of thousands of people than that?
But I saw some staff this morning. There's like one billion dollars TVL locked up or some shit
What was the fucking stat? It was some crazy ass stat with that
And then fucking eigenlayer has five billion dollar stakes. It's at number 10 TVL like eigenlayer
It is a crowd. It's getting pretty crowded. But I still think like
I still think that they're people just still think of eigenlayer as a restaking protocol
Don't actually understand that they do bridges and data availability too and that you're gonna get airdrop tokens for just staking inside there
Even before the airdrop comes out and stuff so bullets on it
What was pretty nuts is that nft the eigenworld nft that came out? I like it was a free man
Dude, we talked about that yesterday
45 dollars bro, and it's 140k nfts. It's absolutely insane the floor price on that for how many there is
Yeah, they saw that really well I logged in the blur and I was like gosh I should probably throw the stock in the video
And then I was like wait, why is this thing like why are all of these things up so much?
Yeah, ever since the fortune time traveler came out bro, we've been on eigenlayer since fucking june, right so
We're on it, baby. We got I was saying the nfts
Are are your multipliers because I think if they're multipliers
I don't think they're token allocation because eigenlayer has basically done these multi of these point multipliers already
So I think that when the token drops if you had these nfts
You possibly get like an og badge and that'll probably be more allocation or they're multi like 2x multipliers of your token
That's why i'm saying like these at 0.01
Probably pretty valuable because there's no information on them
But once the information comes out I could see these get to like 0.06. 0.07 these eigenlator worlds and there's two collections
There's one that's an 80k collection and then there's the second one the world's create
so I think having a few of each and then there's also a base one which I don't think they'll get you shit but
Man, like the barret chain the barret chain nfts like they're a smaller supply of 333 and like the the cheapest ones like four
Eat like if this eigenlayer nft was like a 4k
Like people would be talking about because the floor price would be like above four or five each per nft
So I think the only reason people aren't talking about these because of the floor prices like 0.01
But then they look at the supplies like the fact this is you know point almost 0.02 at a
140k nft supply is actually pretty fucking amazing like it's bad. It's great. So
Yeah, I mean, I love eigenlayer
Have you haven't told have you haven't told and i'm trying to keep you guys updated on everything and I definitely think it's
It's untapped like I think this is possibly going to be one of the probably the biggest airdrop in 2024 is eigenlayer
so that's why I continue to talk about it and my continue to be bullish on it, but uh
We're continuing to go here we got joking up here long time no talk it's good
It's good joking you come up here and farm or you come in here to participate
Yeah, sometimes when I don't talk about talk to people for like eight to ten months and they come on stage
I'm like, hey good to see you
And then I don't hear from them for the next 10 to 15 months because I kick them up the stage once they don't respond
Thanks. Have you ever been on the tee? Have you ever been on the tda before? No
No, sounds uh sounds interesting what you guys speak and I just like to jump on and say thanks for sharing
Uh, my project actually on the on the top trailer was making a threat today. So appreciate it. Yeah, man
Uh, I just saw you uh commented and everything. So yeah, I appreciate you jumping on
We're talking about uh flux. Um
Yeah, I know it's upcoming stuff. So appreciate you. Uh, just stopping by and saying hi
Definitely just looking at your project
And yeah, if uh, if there's still some wet spots, we definitely want to get some for the tda and support you in any way possible
I I still have some it's it's it gets less but uh
For to support the space here. Why why not? Let's let's do it
Awesome, how do you like to go for it?
Probably like host or co-host do you have any idea how to pick giveaways in the spaces?
Yeah, trills are collaborating for tda. So he takes care of all the whitelisting typically what happens
He'll get the whitelist and then you'll put a post out and the people that engage with that
You'll get a twitter picker and they'll pick whitelist that way
So do you want to you know?
That's that's probably the easiest way. So
If you want to hook up with trill trill dm you right now and you guys can okay, that's good
Yeah, send you a dm right now. But yeah, I appreciate you stopping by and just coming up here
Yeah, just or if i'd be on alison's post from yesterday or it might be on today's space reminder
Or it might be on today's space. You never know so quit being a fucking bum with free shit
You know what i'm saying? Go click your finger
And if you don't want to you know pollute your timeline then at least throw a bookmark on there
Right bookmark doesn't hurt anyone. You can't even show that it's you, you know cool guy, but it's okay
You know throw a bookmark. It helps the twitter algorithm. It helps other people see it. So don't be stingy with free shit
She's getting mad like me. Yeah, don't get mad and hey, we could see you
You don't think I can't see that you bookmark the space bro. I got tools that you don't even know exist
I could see your bookmarks. I can also see who's in here anonymously. So don't think I don't see you
I thought we were friends. You listen to the space and honestly, I really thought we were friends
You don't think I don't have a tool to see who listened to us and honestly, please be real, bro
I see all you and I really thought we were friends man. I come support your spaces
You're gonna come in here and honestly and steal my threat or steal my shit. All right, fine. I'll come i'll come find you
Just a quick question for dario first and foremost. Good to see you again. It's been way way way too long
Wanted to ask if you guys have officially set a date for flux yet
Sorry, I was in the dm hidden who was speaking stephen. Yeah, it was me dario. Hey, hi
Was curious if you've set a date yet for flux
Tomorrow I have the final column in magic eden
Let's see if that works out to finally get the date. But uh, like I would love to do it on the probably
2022 23rd of february somewhere around there
It's not 100 yet. But uh, yeah, it's it's end of february 100 percent
Are you guys planning on like making the announcement after that call?
Yeah, hopefully like uh, there is some more to discuss not only the drop itself
So I need to get a little clarification on the launch pay they have and and what what's possible there
because I think they can do a lot so i'm excited for that call and then
Going from there. Hopefully can make an announcement about everything. We're looking forward to that
Cool. I'll be keeping an eye out for it. Make sure it's in monday's newsletter. Appreciate it
What's up king, what's up, man
You back in you back in what's poppin. Are you still in the eastern hemisphere? Like is this late for you? Like what's up?
Am where I am right now, it's dark as fuck and i'm tired
But how are you man? I miss y'all boys
I'm saying that's a dog just ran across the fucking road. I almost killed it
Yeah, go ahead my bed. That's scared the shit out of me. How are you doing king?
I was gonna ask if y'all have talked about the um, the honey jar faucet on the bear chain network
Yeah, I fucking tried to tap in it yesterday and if i'm giving no tokens
Like it seems like to be an event everybody sits at there when they wake up in the morning
They sit on the faucet page and just grab those tokens as soon as they come available, man
I've been trying i've been trying and I kind of stayed back because I thought it was a crowded trade
I'm like, you know what? I should try this fucking bearer faucet tonight. See if I can get any tokens
I sat there for fucking four hours and no tokens and then i'm like, all right, let's go try another chain
Sat there for four hours. Use the vpn on the on the the bearer or whatever
I always get I double hit the faucet every time or triple hit the faucet with swapping vpns
And then I went to fucking saturn
And I tried to check my rug token and then it went to show up on the swap
I'm like, no one wants me to have tokens today. I don't know what the deal was with yesterday
I don't know if they were in like retrograde mercury retrograde or what the fuck was going on
But I could not get token judgment to show up on my account. I don't know
But you are you farming bearer chain my guy? Is that what you're doing?
Yeah, I am and so the honey jar they um
For people that don't know they have their own quest and like their own badges and everything they gamified
The uh, I guess the farming experience, but they have their mint today
And it was like one quest I think you had to connect to twitter or connect you had to connect one account
So that they could verify you as a person and you qualified in their discord for the mint today
So if you got that mint, uh, just go to the honey jar faucet
And do the entities you met are they all like the other entities where you're possibly rumored to get bearer token when it comes out
Like it's going to be a lot more overcrowded than those those are like super early
but um, they are getting their uh
Faucet replenished by the bearer foundation. So they're at least like a good choice if you're gonna do quest through somebody
That's it. That one's gonna be good. But like I kind of
told myself that since I am staking celestia and
bearer chain uses celestia's data availability
I've kind of like set myself as like I have exposure to the bearer chain already because i'm gonna get tokens from
Staking my celestia. So that's kind of why i've been holding back
Like why would I go farm that when i'm just gonna get tokens anyways
But like maybe more tokens bearer chain seems to be the hot the hot layer too
And everybody loves to talk about it and uh, pretty fun, man
Like the nfts are going crazy. The website's fun. You can only scroll up. It's very memeable
So maybe there's I think a lot of people talking about it. Maybe this is the chain that really kind of like
Takes off the pool market
That's kind of like the new one where people actually use it and when it does come out people actually participate because they kind of built the community
Already everybody's talking about it. It's like I said, you can't even get tokens from the faucet
That's how much demand there is so kind of look at those like fundamentals. Maybe this chain is
Something that a lot more people when it does launch a lot more people are going to be using it
It's not just like uh an airdrop farming opportunity like a lot of these like
There are a bunch of airdrop farmers that go in and out of trades
And then once there's a new trade they leave and they go to the next one
Maybe that does happen, but I think that the community has actually been built pretty pretty good on bearer chain
I think that people actually use the chain when does launch so
We will see man, we will see go ahead
Yeah, just pinned up dario's tweet up top
Um, give that a like and a retweet and then make sure you follow
Obviously the daily alpha and you're not following them
Loser, um, and then also follow dario
Um, and then we'll give away a spot here live on the space. We're doing around 20 minutes
Which will probably be after the show ends
But just keep an eye on your notifications because if you follow these steps then you can win a whitelist to flex gen art
So just want to drop that in here and then we do have more
Which chief already dropped the alpha make sure you support and then maybe you want another one through another avenue. So
All right, well as we kind of
As we kind of wrap up the space
Um, just wanted to pin something else up to the top a new breakdown
Not necessarily closing us out, but just a breakdown in general from
What what he has going with the evolve token, I thought it was pretty cool and it just really breaks down
I got that pinned up and we'll close out with that x
No, not really can you hear me i'm all right. I had a little glitch at you there
Spellborn I don't know if you guys ever fuck with spellborn
Um, they have these apartments
That's point three from her standing. These are genesis passes that would
That include early access and whitelist the future mints. They have a token coming out
Um, but they're called the spellborn apartments and uh, basically genesis pass that gets you whitelist further upcoming
The project and gives you a token so figure that that's a little alpha
Throw that in at the very end, but we do appreciate when it comes out
Uh, it's in the daily alpha. I think that another thing too. I mean there's no I can't do a post or anything like that, but
Um, just following up. So for one we on the kaiju ecosystem. We talked about last week how they sunset both of their tokens
Uh yesterday they came out with a 50 discount code for all of their
Uh clothing line slash merch that's on their website
Uh, I mean if I didn't know better, it looks like a closing up shop is is in process
Um, I had five of my extra assets, you know, just things that I created in that ecosystem sell
Instantly yesterday they're all listed
You know more or less for kind of dollars and pennies and cents
But five sales out of nowhere for an ecosystem that has had
quote unquote no play for almost a year is a lot
And then that that kind of code for the 50 off a clothing line and merch
Really kind of solidified it for me that we're probably closer than not with news of who's that
Acquiring or whatever is going on on that end?
They did just partner with blockchain games to become, you know a partner community
But I don't think that blockchain is buying them out
But I would just be curious to see how that plays out and who it is
This all started when two wallets loaded up fresh 60 eth and they all swept
Both of them and kind of positioned themselves in the community that way so
Something to keep an eye out on
Probably acquisition news is is really imminent
See if you can get maybe some offers out there and potentially get yourself one for cheap, right?
I mean weith offers on a gen kaiju are are like 0.6
And floor prices I think 0.8 to 0.9
So check it out on that, you know, they'll definitely run above one eighth depending on who it is
But yeah, I got something to look at there's no real info to put
But as someone who has the assets and is getting those emails
It's it's movement that's not being tracked and is potentially a opportunity for us
So I got pinned up top what chris has right now, which is what is the evolved token?
So i'm going to just break this down instead and then i'm also going to post
Tweet for the endless runner giveaway that's going on this week. Okay, so that's up top
So you guys can go check that out. So it just says what is evolved?
Powering token for the i'm so ecosystem
37.5 million locked up for staking for playing to earn in giveaways
11.5 4 million is used for airdrops and presales and evolve is fully integrated with all of our games and nfc collections
Evolve currently powers an endless runner on solana
And it also has four different mini games coming out toward the end of the uh month
So appreciate chris and i'm so ecosystem for sponsoring the tda for this month means a lot
So we do this tuesday through saturday
Uh 9 45 to about 12 12 30 central saturday's the shows are a little bit later
So we'll see you guys tomorrow at 10 30 and be on the lookout for alison's thread
Uh for any kind of engagement and a recap of what we did today. So appreciate you guys for coming out
It's tda or stay poor. We'll catch you guys tomorrow. Y'all be safe and have a good rest of your day