THE DAILY ALPHA🍟

Recorded: Feb. 16, 2024 Duration: 2:16:34

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I'm getting to my first stop a little loud here do we pin Allison's thread up or not yeah
let me get it up there probably gonna hold off that for a while I think she's shadow
band or some shits going on so probably wait a week to deploy the threads again it's just
wild the way that it's even doing it I mean now I see everything it's just I can't I can't
see it in thread form so it makes it hella hard yeah so we'll do that and then you all
have to actually listen to the show and can't be passive by just reading thread so maybe we'll
get more listeners because the threads not gonna be available for the next week but I mean if you
guys want the thread all you got to do is go back to the recording and everything the pin post at
the top of the recording you can go through there and just bookmark it if you do miss out or if you
do listen to recording so that's always a good way and I finally got the TDA account with the blue
check mark so maybe that'll fix it with you too but if you want to get into the the reading go
ahead chief I'm gonna have to get out of this bumpy road before I can start talking anyway
no you're good I just I really can't even find the beginning of Allison's thread I was trying
to look at that to post it up but the way that it's at least structured for me on my phone and
everything it's all broken up and I don't know where the beginning is so you guys can just go
to her profile scroll through it as you're listening or as I said more or less just go back
to the recording and follow along that way we do got Chris and I'm so's newest post pinned up to
the top for you guys to check out once again the TDA for this month has been sponsored by I'm so
I'm so is a cross chain interoperability infrastructure built between Solana and Bitcoin
currently you can play their endless runner and earn different cryptos Bonk included this
is all powered by their governance and natural token called Evolve that can be found on the
bird eye app pinned up top is a new competition that Chris currently has going on paired with
the announcement that he made last week of increased emissions so there's a new chance to win up to 500
bucks up top in addition to the Bonk that you earn for playing so shout out to Chris and I'm
so for sponsoring the TDA shout out to Chris he's sponsoring everybody all these spaces they're
like I thought I was exclusive I thought the only one is being sponsored by Chris but he's a he's
sponsored a lot of shows shout out to Chris trying to get the word out about his coin and
what he's building in his ecosystem so appreciate that it is Friday the last show of the 945 time
slot tomorrow we'll be starting the show around 10 30 central so tune in a little later we'll go
over that a little bit later in the show I am still driving I should be to my first stop probably
like three to four minutes but yesterday we have chat ubt come out with this thing called the Sora
and basically prompt you to make videos and literally that news sent fucking AI coins ballistic
and that's what kind of room insane like the AI narrative isn't even connected to web 3 just
positive news like Nvidia passing Amazon a new development on trusting does for videos it's gonna
pump AI coins so it's like and if it's like and I also guys like these AI coins their web 3 and if
they were worth a damn they would be going down the same route as open AI and grok in
IPO so don't get stuck holding bags of these AI coins because if they are worth the damn they
wouldn't be publicly traded but they are half-assed and they really don't have that great of use case
so the narrative is just the narrative people are just gonna FOMO that's a AI and we saw that
yesterday with a bunch of coins so did you see that that open AI video bro it looks like a goddamn
Jerome it's following these people but people have you gone to the have you gone to the Sora
website and and checked out all the iterations that they posted up or not yet I've been on the
timeline just searching it so I haven't actually gone to the website do you need the full no no
you can go and read their press their press conference or they're like you know they're
coming to market or they're reveal and I think they are like eight or nine pre-made videos that
they have that they show you what the actual prompt is and you can see the output and it's
it's fucking crazy dude some are very simple right other ones are like it was like a mammoth
in a wintery tundra kind of coming at you or something and it literally looks like a 3d
mammoth like a hundred percent I mean I don't know dude it's it's it's tough out there now if you're
an animator if you're a writer shit probably don't even need actors anymore in a sense right you're
gonna start seeing that dissolve to where certain characteristics features charisma points right
we're gonna be able in a sense to literally build your character build your actor out to act and and
kind of fill in the role it is right hey this guy's gonna be the comedic relief right he's
slightly chubby or he's really skinny he's muscular this is this is this boom and now you
have a personal character that's been kind of designed specifically for that movie and so the
actor that has to basically act across you would say different movies is no longer has it right
like Scarface will only be Scarface one time but it'll be a Scarface that can never be recreated
in the sense because of how well it understands the assignment so I don't know dude I'm interested
to see the pioneering that's gonna happen the battle for not necessarily jobs but just the
battle for innovation and just the human relevancy behind all of this yeah and like we were talking
about that when the first AI came out of like the use cases of customizable you know movies you can
make like say you want to watch The Simpsons but in South Park characters you could do that if say
you want a certain skin tone of a character because it you know that's you know what your
ethnicity is you'll be able to customize that in the future and the one thing I first thought when
I saw this was video games and I saw this from Andrew White he said open AI Sora can simulate
Minecraft I guess maybe next-generation game consoles will be able will be Sora box and games
will be distributed as two to three paragraphs of text so maybe we can leverage this into web 3
maybe build games quicker and then I don't know man it's like the fact that this is video I think
you can do video games with it also maybe now we can get faster we don't need all these coding
languages that we don't need to find devs maybe we can just produce games quicker and and like
kind of attack the market in a certain meta instead of you know like a lot of times people go build
games for two to three years and then they release it in kind of the markets moved on with this fast
case prompting maybe we can capitalize on metas quicker and don't have to build games as long so
it was a beautiful process but yeah this this uh this announcement yesterday pumped the shit out
of a bunch of meme coin or a bunch of AI coins which was pretty crazy tiles up there's a bunch
of ones that I didn't even know were even AI coins so I'll find those my bookmarks after I
stopped and like just trying to show you guys what's there so here's a few I found new coins
that I called this guy called a few weeks ago or sending you have the coin named Sora I don't even
know if it's AI video generated meme coin so this one just capitalized on the name it's at a 14
million dollar market cap up 400% you have CDY 1.4 million up a hundred percent it's an AI machine
learning cloud server infrastructure you have NMT is 30 million dollar market cap up 50% it's an AI
GPU rental infrastructure up 50% you have core which is 3.5 million up 50% AI cloud GPU infrastructure
and SMD is 2.5 at 50 up 50% it is a new DPOS layer 1 so pretty crazy um and then like when you have
this meta going on you can identify even more coins you need more you know or possible and then
people also you know create their own coins on top of it so pretty crazy 24 hours after this
announcement came out with all this stuff up and this is where I got that that same from from Moon
I automatically assume all AI coin technology wise are complete dog shit because if they were they
would just make a traditional company plus IPO for tens of billions of dollars so it's really
going to boil down to who has good memes and narratives as the traditional as crypto tradition
so a lot of these AI coins are shit so you definitely need to be identifying narratives
and uh good meme coins or guess meme ability when you are getting these AIs but in a market uh a
bull market a raging bull market that we're about to enter nothing makes sense all coins pump so
just like I said like if you have a long time period eventually the musical chairs are going
to stop and you're going to need to be not restaking and you're not going to have to hold
all these AI coins because you because they're promising you just got to sell and uh don't get
back at Titus especially this cycle because this could be the last one so um what up tout what's
up man yo gmog dude just want to say rip to all the future video game rugs that are going to use
this fucking gpt to make the most amazing previews and end up looking like fucking minesweeper or
some shit like that oh dead ass like the trailers right the trailers are to come out and they're
all going to be gpu uh ai generated we're like damn did you see that oh my god these graphics
are amazing and then when the game comes out it's like pixelated fucking minecraft you're
like you pulled me once again and stole my money jesus christ but uh yeah ai coins oh you know what
i did this morning i did two things first we talked about this yesterday and i'm not going
to make the same mistake i don't give a fuck what blockchain it's on fucking this aptos phone
i purchased it uh the aptos jambo phone right you did yup it was only 99 bucks no no no i know
i sat there and i stared at it for a long time bro a hundred bucks bro i'm chief i'm sure you
spent more sending fucking gas fees before bro i bought like five of those bitches dude who gives
a fuck like worst case scenario there's gonna be demand and you can resell i posted a comment in
one of the chats that i was in i was like dude all these blockchain phones are gonna end up being
like our fucking hidden folder with nfts we're gonna have a drawer full of like fucking blockchain
phones that we thought were gonna bring us generational wealth yeah that's literally what
it is i'm already you know i'm saying that's why i'm curious if i'm gonna do it i already got a phone
i'm expecting this motherfucker has like bought has like seven phones and he like walks around
the block walking his dog like farming yeah with my phones but and then now i'm gonna sit here and
like i already got to remember that next year i'm getting the supposed phone shipped to me from
salamis now aptos i mean i guess it could i can kind of see it taken off but in a sense like
do you see people interacting with the airdrops that they get in the same fashion to therefore
cause the same kind of price action and all that with said airdrops bro you're thinking you're
thinking too hard bro you're really hard it's a hundred dollar phone if i have this phone for a
year i'm hoping that it pays itself off with just the airdrops the airdrops cost me 50 cents and i
get a thousand airdrops it could be since it pays off the phone in a thousand airdrops so i'm just
like the risk for a reward it's a hundred bucks do we think that this pays itself off with airdrops
i'm betting yes like you got to get in on this shit before everybody thinks it's bullish and
first this is the first funding on that ecosystem that always work it's like when those coin has
its first nft it's like oh shit the first one it's gonna be the same dude there's gonna be a
bunch of these and like you you're you're you're on two sides of this fucking coin either on a
coin you're like either the person who's expecting airdrops and gonna sell and recoup your money
and then have a free phone or you're the person who just doesn't give a fuck and likes to move
shit in volume and resell the phone for somebody who's gonna pay like 5x the price like if you tell
me i get to spend 100 and make 400 per fucking phone selling them wherever the fuck i sell them
yeah of course i'm gonna fucking buy them and not have to worry and fucking speculate on whether
any of these random ass dog shit fucking airdrops are gonna make me my money back i'm more on the
side of flipping shit like that's just my personal marker i would rather flip and just move the fuck
on yep so i saw this yesterday and i was like oh shit like i didn't even have a chart i was
gonna talk about aptos like aptos is about to break out um it's the same you know like wait
i talked about it yesterday where it's the same developers that dm with the facebook company and
they split their ways one went to suite one went uh one company or one team team members went to
aptos and for the for the majority of the of the cycle they've been trading together one would go
up the other one goes up and then suite in the past like month or two is really like surpassed
aptos and like left and left it in the dust and uh looking at charts aptos is ready to come back
and like deep like peg each other back again so i don't know much about aptos and i'm gonna start
learning more now they got a phone but i hope that it becomes something and um i don't know i'm just
hoping it pays them so far but the other thing that i did this morning was i've minted my very
first injective nft so this is called stacks and um i'll pin up what i minted it's the first ai
generated art it was 33 bucks on injective pretty easy to buy and one reason why i bought it is
they have it's like a casino so this this company stacks is basically like a coin flip now you go
to stacks in their website they have a coin flip at the front page heads or tails um but it's the
first generated 3d nft on injective and it's a metaverse casino and games airdrops to owners
stacks originally there would be 7 700 of them but they cut supply to uh 1011 um yeah real quick
this shit is called hakuna matata chill limited that is literally what the name of the place
where i ordered the fucking phone from it told me hakuna matata llc bro ain't that some shit
yeah you're getting rock yo i need to pay attention what a wonderful name bro dead ass go
look at the jambo phone when you go and you're processing through paypal this shit literally
looked at said paying hakuna matata limited so i mean yo i just i followed y'all down the
jumping off the cliff this is what they were talking about your friends jumping off the cliff
you're gonna go and clearly we're hakuna matata and jumping together bro so yo dude you know you
need the web two rugs full you know you gotta complete the whole fucking triangle you know i
don't fuck it it is what it is yeah my bad to cut you off x this shit just threw me off it literally
flat out told me i'm i'm competing to pay him into kuna matata loc so i thought that was great does
jumbo have something to do with lion king am i missing something i mean they're certain they're a
cell phone company primarily based in uh providing it to low income areas of the world latin america
africa south africa uh stuff like that so that's their focus as a tech company all right well back
to stacks nft um so they cut supply and basically they're going to do revenue sharing so now that
they cut the supply to seven to one k there's a 700 increase in revenue share for the holders
this gaming project platform will offer various and virtual las vegas and metaverse using the
stacks token some of the utilities include revenue sharing 90 of the profits from the casino
are paid in stacks holders in injective the higher your stack score the greater your harvest
percentage exclusive airdrocks stacks token airdrops and metaverse land airdrops for stacked nft
holders and coin flip every one can play simply bet the amount of injective and flip double or
nothing early access new platforms on games and stacks platform and stacks is over 80 minute if
you want to earn passive injective revenue sharing and benefit from valuable airdrocks to come
time is running out get involved so i went there this morning let's go go to the mint pages on
towels uh towels dot art which is the nft platformer injective there is um it says minted 1001 067
and it hasn't cut the supply it still says 7777 so you probably have under uh a hundred more nfts
the mint if they said they did cut the supply to 1111 so if you want to get involved passive
revenue earn passive injective it's kind of like the the sole casino was sole casino the one that
did coin flip bongo which one did coin flip on sole for the longest time where you can flip heads
or tails is that sole casino i don't know but yeah this is similar to that and uh this myth
entity is 33 bucks and then you get all this kind of rewards something i did this morning so i bought
a phone and i meant an injective entity i feel proud of myself i'm moving uh to more blockchains
and getting more diversified and just more spread out which isn't great so can you please clarify
when you mentioned the fund that you bought it from hakuna matata no no no no babonga how are you
doing bro like uh i know you i know the reason you came up here is that she'll hashling so go ahead
tell us about hashling no that's not the reason i couldn't do it right now i'm minting a pgn that
is the reason you came up here you guys went live with your hash your hash last night and you haven't
been on stage for two weeks and then you're back up here so tell us about hashlings lies i won't
tell you about it we did had a drop that's why i didn't came i was busy now it's out now i'm here
i'm minting some bullshit on magic even and people are already paper handing i thought they
were supposed to be bitcoin but no this is solana all over again and uh yeah that's pretty much
everything i have spresso not gonna chill here you you already know i already know but yeah are
the are we true are these these pingus or whatever what the fuck yeah yeah the pngs i want to thank
you for i mean you didn't remind me but i went into the group chat while i was on the highway
and i've missed it three of them while i was driving to 80 miles per hour you lie here dude
i reminded you like four days ago i know but you know i kind of forgot as early in the morning
isn't there one mint per like you got to go back re-enter yeah one minute between so i minted three
of them and i was like gg's let's go bro you got them yeah so they're about to sell out during
first time for sure um so yeah like less than i would say like 10 minutes and nobody sold out so
they should at least uh two heads after they sell out because um they're making some volume
right now so we'll see yeah they gotta even this is the first phase too this was going to go to
other phases this was sold out in the very first phase right yeah yeah like i would say like 70
sold out in the first phase og guaranteed there's about 80 90 pending buys right now
um so it's looking good i mean for people that minted at least um should be good kind of what
bongo's in here this is because i was in the first pay the first phase and now i can't like
i'm eligible for this first come first serve but i can't go to that four per wallet i don't know
how to crank it up to four mints you have to do one at a time bill time yep that's dog shit bro
because i can see one pop up that like this little preview yeah this preview thing is cool
but it's also not because i mean if i see some dog shit we're just gonna sit here and wait
you know and preview again and hopefully get a better one so yeah i tried to do that but like
i couldn't it kept showing me the same one so i don't know if it's like locked into your wallet
or something like that but um that was cool you can see what you're minting
oh what shows in your wallet it's what you're getting yeah yeah you know how you can see like
what's coming in and then you click the little viewer and it shows you the png that you're
putting in by the way if you meet in uh the og wylies and you max out like if you went to four
you cannot get the first come first serve that's exactly what just happened to me because i'm i
was confused at why it didn't work i was like it just said i maxed out and i've only minted
a couple okay cool but oh well so the pangs are live for anyone that doesn't know
yay another penguin fucking derivative on a blockchain yay does does anyone know what
what's about like the BRC20 revenue shares that they have in the magic hidden description does
anyone know what what they're cooking yeah so it's actually a a discord bot that whoa
that they're building on it's like the png bot and it lets you supposedly it's going to let you
trade brc20s directly in in discord and so the fees that they'll be kind of um splitting between
holders and like there's other kind of allocations like to to the community and stuff like that
and so while it's um the fees will come through that so if people are using it then then people
will get rewarded with um with one percent i believe why why discord not telegram i don't see
anybody buying coins on fucking discord we'll see yeah i think the first initial thing is discord
but i agree i think that telegram role would be a lot more fire but maybe that's in their plans
i think they have a white paper on it and stuff like that but that's kind of their main
uh value part right now is is the the bot that they're building out
and then also today we have uh block out so tda's getting fucking blessed today bro we got pngs
we got fucking block outs let's go when is that 12 yeah that's in about two hours um guaranteed
whiteness which is what we got allocated to the tda so express some some breaking news that i thought
just because it was fucking crazy knock amigos actually as a game like these dudes were not
bullshitting the whole time and the cloaks were you know actually a part of something maybe not
the game that we thought it was going to be you know i pixelated oh how convenient open ai comes
yeah or it's just sora oh yeah i was gonna say or it's just sora bro yeah can't fool me can't
fool me yo yo dude what i fucking tell you okay i hope i listen i don't give a fuck i hope i am
wrong i hope we're all wrong i have a lot of friends that hold knock amigos and i want them
to fucking cook but yeah dude it's just fuck i don't know god damn it they straight up uploaded
their cloaks collection and said make game 3d high def 4k it looks like a star wars game if
anyone's like a heavy like mmorpg like it looks like that night to the old republic like the way
they're moving like the movements are exactly the same so i wonder if that's just like you know a
reskin of a of another yeah let's go to josh and then this swag but yeah sorry for the the
breaking news dropped 15 minutes ago as soon as this show started so go ahead josh hey gm gm um
i don't know why you guys are having uh trouble with the pains i ninted five so i don't know i
got four in the og sale and one in the first contest so um yeah i'm i'm more excited to block
out though it looks very interesting i can't wait to see you know what comes out of it
bro this game is a fucking this is chat gpt bro this is what tout just said so i can't wait for
the trailers to come out and this is not even the fucking game bro i'm telling you this is i did not
see this trailer before this started like this is this is chat that they use the chat the store for
this i guarantee you they use store for this this is no way they're this far in development after
three months like motherfuckers with lightsabers and like the day after yeah the day after it's
probably a minute long it's probably just at the store limitation of 60 seconds you know
go ahead swag oh shit it's 42 seconds
yo what's gucci block out is like i'm a gamer at heart block out's like one of my first
fucking games uh mint looks sick pump for that uh also just wanted to remind people
to wear pfp's that make you happy don't don't care if people give you shit for changing it
wear whatever the fuck you want uh new pfp same same swag swag swag swag well we got
as your puppet oh never mind it just changed we have we have arcade at the bottom we had the
discussion about their drop uh yesterday and then they made some changes you want to come up and
kind of discuss the new way you guys are going to roll out this arcade token feel free to come up
or i can just describe it but if you're here we'd love to hear straight out of your mouth of course
his mouth instead of me articulating it that's the change in the the way the phases and shit
just like you've a lot of people were concerned about the button mashing the first come first
serve and the limited supply so a lot of people were concerned that it's possible people get
fished or scammed so they kind of did something a little bit different yesterday they're doing
these in phases and i had some questions about the phases so i just kind of want them to come up but
oh toast wants to come up fuck it let's go let's get toast up here i think i have some
bookmarks from toasting my box too i'm gonna pin up the arcade thing that way what up toast
yo gm guys thanks for having me up yeah so we had kind of um the rollout of the token super excited
about it and then we had some concerns from some people that you know this first come first serve
could possibly give people some scams you listen to the community and instantly
kind of switched it up so arcade clash of claim structure has been updated will now occur two
phases phase one is whitelist raffle claim and phase two is public pvp claim can you kind of
like say i have a node monkey am i part of the what phase am i part of the whitelist phase and
is there enough to go around for that for all the collections is it still just phases and it's still
butt mashing like kind of describe how you guys are trying to to do this now yeah so originally
it was it was going to be you know the way i kind of designed it with the team it was free for all
very competitive very pvp kind of old school crypto um you know where there's not enough to
go around uh you know we heard the feedback and we received it and you know we don't want people to
potentially get drained or panic or you know start a gas war amongst themselves or have infighting
within node monkeys or infighting within pudgy penguins and stuff like that so the way that we're
rolling it out now um is the the rules still like uh apply the way to like qualify for this
so if you have like a node monkey or if you have a tensor um you know you you have a little bit
different steps than somebody with like a sappy seals or a pudgy penguin you would go over to the
arcade uh application you would connect uh you know let's just say like a burn or eath wallet
whatever whatever wallet you actually want to claim the arcade tokens with uh you'll connect
that ethereum address and when you connect that at the top there's a banner that pops up and says
do you want to link a soul or btc wallet um those are the wallets that you're going to use you're
going to link your soul or btc wallet that contains you your node monkey your bitcoin puppet your
you know mad lads your tensorian uh and you're going to connect it over to the eth address that
allows us to compile like a list of eth addresses that also you know we can kind of double check to
make sure that you do hold the salon or bitcoin assets from there uh on the the day of an you know
uh snapshot i believe it's the 19th don't quote me on that because i gotta pull up the dates but uh
i believe that the snapshot is going to be on the 19th we're going to take a snapshot of everybody
that's entered the soul and btc collection wallet uh all the wallets holding uh sappy seals pudgy
penguins little pudgies you know from the ethereum side they're going to get mixed into this giant
big pool and 4 000 whitelist wallets are going to be approved from there uh on the 20th you'll be
able to go check your ethereum address to see if you you know made this raffle list and on the 21st
for two hours 8 p.m utc uh the claim will open up and those 4 000 people that are whitelists they
can go in there and kind of they have two hours to claim if uh you know at the end of the four hours
there's still spots remaining which we do think that is going to be the case uh people just not
checking it maybe somebody from sappy seals that you know didn't necessarily enter you know is is in
the raffle the whitelist uh they're just not paying attention to it any of the remaining spots is going
to go back up to this free for all pvp model that we originally designed so i believe it's 9 p.m utc
on the 21st uh at that time then it's button mashing then it's a gas or free for all like
every single person that did connect a wallet bitcoin soul or as part of the ethereum collection
is going to have a go at draining the remaining however much is left of that 3 million art token
we're giving out gotcha and um just one question about connecting the wallet so i did it the first
day and i connect my wallet like typically when i get on these apps it auto connects um but when i
first connected it and i connected my btc wallet and then i refreshed it it didn't actually it
seemed like it didn't save the wallet um and then i reconnected again and did again i just kept the
page open because i just want that that that bottom right to say my bitcoin address so is that
could like it what is the process of confirming that that address do i need to keep the page open
or is it one time it's done because it's up it seemed like it wasn't saving my connected bitcoin
wallet tube that eth address when i was connected no once you've connected it should be good you
you can leave the browser you're good to go uh if there is still any doubt if anybody here has any
doubt and they've done the same steps feel free to pop into our discord uh pop open a support
ticket and we can we can double check for you um but we yeah we did receive that question a lot
it's just kind of like the flow we had to you know put together since it is cross chain and stuff
like that it kind of just disappears but if you did connect successfully and everything went
through you didn't have any issues you should be good to go and then one other issue i saw that i
didn't encounter but i i saw it possibly could be an issue just say i had a mad lads and a node
monkey uh i connect my phantom wallet in my browser but my browser doesn't recognize like
when phantom and metamask are open both like it was really i couldn't connect like a soul address
because metamask was the one i was connected to and it wouldn't recognize phantom because i was
connected with i had my web browser open with my metamask so have you fixed that issue or did you
even know that was an issue or am i just tripping to thinking that was an issue i didn't even know
that was an issue but it's something i will literally type up to the team here in a second
just for us to just check out to see if there's anything you do on our side to fix that i don't
know if anybody else has that issue when you have like a google chrome extension open and you have
metamask and phantom they're kind of both ethereum addresses so they kind of like cancel each other
out and the the one that you first had open kind of over like is defaulted over the top one so when
i had metamask open and i was connected it wouldn't recognize my phantom wallet and wouldn't connect
the both at the same time because they're both ethereum wallets and that's the only like if i had
a soul acid in the phantom wallet then i i don't know how i would be able to connect both of them
at the same time especially with like a like a a xverse wallet also connected so i don't know if
that was an issue or you know that was concerned but i kind of saw that and i was trying to figure
it out and i couldn't figure it out so i didn't know if that was something you guys ran into also
but just letting you run by to you maybe it's not it maybe it's just me just user malfunction but
are you guys planning on like i mean obviously the arcade token when it has liquidity to it is it
still a governance token are you guys going to implement some maybe staking measures restaking
measures where there can be more rewards or discounts on arcade like are you open to discuss
that or is that stuff you want to like hold off until a further time yeah let me let me see what
i can uh tiptoe around and stuff but in terms of real quick in terms of the wallet stuff we'll take
a look i mean the benefit of the arcade team is that we all hold all these bags too um you know
we're part of all these communities so we can actually probably test that into that fan i'm
thinking you're dealing with relatively quickly um but yeah in terms of the the governance token
so you know we had originally air dropped uh back to og users uh six percent you know six million
of the supply uh that took place you know i think this this past fall uh that claim is still ongoing
so actually when you go through this claim flow of people like checking out the dap and stuff you
might have actually connected a wallet pack in the past and you may have some arced tokens already
in there even if you don't win this this claim uh we are still non-transferable level one it's
still ongoing which is three percent of the total supply and then we're doing another three percent
of the supply with this drop and we still have some in reserve to do further drops and stuff as
well um we're still non-transferable however we did tease out in our discord uh some path forward
and giving some rough date estimates because there was a transferability of the art token itself
um which would include stuff like staking restaking um different utility with a token
possibly you know the the centralized exchange listings and stuff like that that was all included
in this like kind of laid out inside of our our discord uh and i can say that's coming
soon the team is working towards like you know working with the correct party the foundation
uh we should be looking around you know march time frame for some of these proposals to see
the light of day and go through the governance process where art will actually start you know
being transferable tradable sellable buyable all that stuff gotcha i was confused i thought this
was already looked i thought the coins were getting had liquidity so these are still non-transferable
government's tokens the ones that were claiming on the 21st whatever right correct correct yeah
we're you know the goal of this whole thing was you know it's it's pretty clear if you look at it
the goal of this was to get uh arched into just more people's hands so that way when it does you
know become transferable and stuff and more people have you know skin in the game and can participate
in the ecosystem a little bit easier um because again nft5 such a niche market that when we did
the original airdrop you know it was while it was like 6 000 wallets um you know there i think about
700 800 have claimed so far uh it's still relatively small niche thing so we're just
trying to get you know better exposure for the the arched token itself um but that should all
come to fruition relatively soon uh all those discussions are taking place in the discord
there's like a governance panel on the left hand side so if anybody does hold archer is interested
i would join there and you can kind of keep in touch with that and then all these people that
win the clash of claims stuff like when the transferability proposal or any other future
proposals i think there's one in there right now for like a 721 whitelist collection you can still
go vote on all that kind of stuff as well yeah yeah and i guess one last thing and then i'll
let you go and i'm like so that the collections you picked were these just collections that you
guys envy and or were these actually founders uh approaching you trying to get on this like
was this something that you guys chose or is this more like founders contacting you wouldn't be part
of this how did you guys choose these entities uh so these were pretty much chosen by our like
you know we have a pretty good finger on the pulse with like with collections and stuff and
us being like holders and collectors of pretty much every single collect i think the team has
at least one or some more exposure to every single collection that we you know targeted today if not
multiple uh crossover so it was you know we've already talked with some of these founders and
we've had dms prior to launching this um but it was something we kind of selected internally as a
team just to you know show that we are working towards this you know omni-chain future like we
are going to be going multi-chain relatively soon um you know cross-chain stuff there'll be more
details to follow so we just kind of wanted to get exposure and show that we're like headed in this
direction of like you know let's show up and show up for all the bitcoin peeps and you know we have
lots of friends with the node monkeys bitcoin puppets and then you know the salon the mad lads
tendorians we have lots of crossovers there with them so we just wanted to kind of show up and show
out and then we reached out to the founders after we've had previous calls with a lot of these
founders you know before that so they know who arcade is um but it was nothing that we necessarily
were approached from from them like asking now since going live i will say i'm not going to out
which collections but there has been a significant amount of collections asking for more air drop for
their communities now so uh there is the potential that we might be doing some other stuff in the
future now look what you started now you got everybody fomoing into arcade well appreciate
you and shout out to you guys to understanding like you said you're tapped into the community
knowing the entities but also hearing concerns and changing it um to make people make sure people
are safe and not getting rubbed so shout out to utos previous sponsor the tda we love you guys
arcades uh you know probably one of my number one bets for rwa's in the narrative so i'm excited to
hopefully get some of these and hold it and be part of governance and just see where you guys go
from here so shout out to you man appreciate you appreciate it yeah thanks for having me up i really
appreciate it sir heard it straight from the horse's mouth there we go i learned i learned a lot so
i learned a lot i thought this was already had uh you know some fucking liquidity on it i think
this is like token we're gonna go swap on uniswap but no but still governance so good but that's
coming in the future so shout out to you guys also allows i mean it's kind of a protection for
anyone participating or anyone that wants to to know that they're not gonna you know get their
tokens in and automatically get that should be worthless right it's not a race to see who gets
it first and and who dumps on who kind of thing so i mean everyone will get that opportunity at
the same time you know versus some that have pre pre positioned in order to do that so
uh i'm gonna post up uh something up to the top kind of uh i guess relevant to what we've been
talking about right for one we've been preaching about barra chain uh and and kind of hitting the
faucet on that um these new little kind of badges that you can receive from the honey jar so
apparently i realized that every single quest that you complete every badge that you earn actually
allows you to claim more from the faucet every time you go so instead of being limited to either
that 0.01 or 0.1 bara if you complete these simple quests they unlock more of the test net tokens
therefore allowing you to technically farm more put more into pools swaps etc etc so new quest is up
pinned up top for you guys to check out um you guys should just be farming the the actual faucet
itself and then just playing on the decks grabbing some of the tokens learning how to you know create
positions in liquidity pools uh learning what ranges are this is the place to do it on a test
net where none of this is technically real money and you can paper trade it all right so just
putting that up there as another addition too if you are farming bara one more thing to do over
there hundred percent and then we talked about this gaming uh this arbitrum gaming um thing
that's going to happen where they're going to like put like 100 to 400 million dollars into
like a sector of web3 gaming and it's going to be what we even talked about it last week of like
the tokens that are on arbitrum um but there's a post here uh from carnal um he's from treasure
and it's basically a small update and people are asking like in the discord sir are there any etas
on the gaming proposal so there's like 100 to 400 million dollars they're possibly going to be
giving to a game building on arbitrum and he responded with saying within within two weeks
is the hope so if you are bullish on arbitrum and games like xi and all these other games that are
building on top of arbitrum like the fact that they're you know possibly going to get some funding
of like almost 400 million dollars we've been looking at like metas and when they launched
their hundred million dollar fund it pumped all the floor prices in in that ecosystem 4x
so if this you know if there's 40 million added to this ecosystem you would imagine that that
would pump a lot of tokens building on top of that and i have some news from xi um looking
bullish the chart looks bullish over 360k daily transactions over 438 wallets fairly one month
into mainnet we're just getting started so xi's starting to heat up everybody's participating on
that and uh i think they lost launched their very first uh game uh also on their mainnet uh i had
pendant here it's called like taki verse or some shit um but but yeah they launched the very first
game um i think the nft's minted yesterday and they're going for like 33 bucks or so so here
they are it's um it's tar ochi games degenerate genesis trainers have been distributed for evm
users generous trainers will play a key role in the autonomous world of tarkaki or tarko i don't
know how to say that word t-a-r-o-c-h-i and come with a loyalty bonus for holders as well more
information on the mint below to make sure you see it in your wallet so the very first game on top
is i uh minted yesterday they got these trainers um maybe it's a buy maybe it's not but it looks
like there's some utility with these inside the game so just wanted to keep you guys updated on
that and i need to buy some xi that's what i need to fucking do before all this shit fucking pops
off tell you that um this is fucking new the utopian world built on blast 2 new blast city
no we're not gonna have you come up but it's fine we've been keeping everybody updated on blast so
so we'll talk more we'll talk more what up chris how you doing man
hey chris hey uh i don't even know your name it's express so you just you just call me x
i should know your name though right oh you want to know my name my real name yeah like why don't
we all just call you mark or whatever your voice would insinuate your name is and do i sound like
yeah why don't you just docs for the whole space right now but being a pussy
if you hide behind a name like schwag it's just kind of you know what i mean
you got to drop the ch all right my name is uh the guy that has the banana in his name that's
my real name the guy that has banana on stage that's what my real name is oh yeah that's my
real name so if you guys want no not harambe the guy that's on stage that has a mutinate with
a banana after his name that's what my real name is oh i get what you're saying it's like just go
with your real name like bongo dude just go with your actual first name and just run you think
that's his real name i thought no bongo's real name is ermas yeah i know bongo's first name is ermas
dude i asked him the other day i said where is ermas spin i i missed that pfp more than any pfp
on twitter dude but what was it what what kind of creature was that wearing the hat with the wings
thing is fire
all right chris all right chris you got anything you got anything you want to talk about i know
you're big well i mean we're giving away 500 to a bunch of different people that participate
but i mean there's 75 fucking pinned posts above so you guys will never find it you'll never find
the details to how you could just like literally spend 30 seconds right now from your phone and
maybe win 500 but you know what you can go fuck yourself because you have to scroll all
the way to the right and there's no way you're going to do that so it is what it is damn
oh this is an information show this is how we uh give out the information and of course people
are too lazy to thumb over a few oh yeah you're not the problem that's for sure it's the user
yep yep so you're a big charter your guy that does ta what do you think about what do you think about
this uh this kind of this velocity or this trajectory are in the bitcoin cycle a lot of
people are calling it like we're ahead of schedule we're below schedule but like you cannot
you got to entertain the fact that this market possibly is different like
past markets have been led by leverage and um and retail fomo this cycle is led by institution and
spot buying so do you think we're ahead of schedule do you i mean there's always like a
a pre-having rally um do you see us getting to all-time highs before the happening what
what you're kind of used i know some you're someone that you know charts someone that looks
at the market so i just want to get your opinion on what you're looking at more than that i have
an insane amount of experience in these cycles because this is my third well i just i just
maybe completed my third bear market maybe uh i mean we gotta we need like uh we need today to
go okay and we need the next two days to remain basically in this range and then i will comfortably
say okay i've completed my third bear market because we're super close on the weekly
keeping it above 48.5 by sunday is really important but i mean isn't that i saw that that's the if we
above 48.5 that's the first time before the halving we've actually are above the six point
six one eight yeah six one eight so and six one eight's usually a really good sell area or buy
area for bots and if you guys will chief remembers we have a dm about it remember the
other day when i longed at 48 623 after shorting 51 000 or 50 sorry 50 152 well the reason i did
that is because i figured we're right there on that six one eight if we hit 48k i can take a
stop and lose like a little bit of the profit i made on the initial short and then reassess
somewhere around 46 5 obviously i made 72 000 on that trade if you do the math right so uh like
yesterday when i closed it so now last night i had a short at uh 52 it was like 52 70 i think it was
52 000 70 i closed that at 51 480 i'd have to look hold on like 486 so i didn't get the whole
move down to 51 3 but when i closed it and i waited a minute i did actually end up longing now
here's where i fucked up i ended up longing uh under 51 400 not quite the bottom but pretty close
however when we retrace back up to 51 8 i took that profit out and i i flipped short again
because in my mind it was oh we're breaking down but then what happens we hit 52 6 overnight on
higher volume with rising dominance now even though we've pulled back and we actually did retest
uh my entry so thank fucking god i didn't lose any money but i have flipped long
at 51 8 90 i am not comfortable with my position however i have confidence that if i go back below
51 3 or 51 5 is probably my initial warning i've got half my position to stop out at 51 6 and the
rest to stop out at 51 3 why well i made over a hundred thousand dollars in three days so i can
give up which is not traditional guys that's not you normally don't i mean not with longing and
shorting 20 bitcoins you know what i'm saying 15 20 bitcoins at a time but you don't normally make
100 k in three days i just made 100 k 102 actually in three days right so that's really scary because
that's really fast that's really violent but it's also a conditioning thing for the market maker so
we have to start getting into the psychology like fuck your charts dude anyone can draw a fib or
anyone can draw a line and like make a guess and 50 percent of the time i mean less than 50 right
now but you know they have a coin flip odds are slightly better coin flip odds of being right by
just fucking throwing a dart at something but when you start looking at volatility metrics and you
start looking at things like um like momentum indicators not just like the mac d which
you know it's pretty good but you also want to look at you know if you're got any bullish
or bearish divergences building up but mostly volatility right so volatility would imply that
we have consolidation on the short term which we're seeing this range is getting bigger what
was it 300 or 400 range is now becoming basically a thousand dollar range or greater because if you
look yesterday you went from 52 8 to 51 3 today you've gone from 51 6 to 52 6 so like you are now
back in thousand dollar ranges very volatile ranges but the most interesting part here is
dominance is rising with higher volume on these candles but you can't seem to break really like
sustainably below 51 7 which starts to make me even more nervous because i remember 51 8 as a
major area of support and resistance in 2021 like there are certain areas that were so crucial and
important that i talked about them so much in ta that i just always remember them uh 47 2 is one
of them 51 8 is one of them you can start to get 29 3 is an insanely important one 36 k even these
are all numbers that are incredibly important to the like yearly or monthly chart of of bitcoin
when you start looking at these bibs and you start looking at these like you know fractals and things
like that so we're in this position right now like right motherfucking now that if this all
comes to an end over the next seven days let's just say it's by this time next week we're back
below 48 5 okay let's just say that so we capture one weekly let's above 48 5 and then the following
week you're back below that 6 1 8 okay that's called a bull trap so then you have to start
thinking about what would max pain be from here that's a scary thought however what would
continuation look like from here it's like 57 000 and whoever had that target like i mean ultimately
we all know 57 58 60 64 69 we all know that will come at some point but if we're really staring
52 x in the face right now and we're about to close cme's weekly today friday above that number
and possibly our own weekly above 50 k which is well over the 48 5 maybe even 52 right if we just
consolidate in this range okay well then that starts to look like a move toward 57 000 now
chris that is these are not the questions we asked you why the fuck would you explain all this
because this is an educational show right if we are going to make a new all-time high
in the next quarter right so within the next three months then you probably do have to go to 57 or
58 from here then you probably have to come back in base somewhere around 52 and you have to go
back up to 55 and then you have to come back and base again at 52 something 52 8 53 3 something
like that and then you have to break to 60 and then you have to come back to 55 do you understand
like you have like it has to play out like there has to be accumulation inside of the range for
there to be distribution at the top of the range so if the market maker is making this decision
or cumulatively deciding together because their algorithms are changing based on sentiment and
and inflows right and you've got 12 times the inflow of the ETFs than bitcoin fucking produced
today right duh we all know that but they're not factoring in a whole bunch of other shit doesn't
matter it's bullish narrative let the psychology run itself if you were going to oh my bad good
if i just need this to be so fucking clear if you are going to make a new all-time high
in the next two to three months it starts right now it starts right now because you have to go up
you have to pull back and shake out accumulate you have to go up distribute pull back shake out
accumulate go up and each time it has to be a higher high and a higher low if you look at the
last two days by some miracle we are basically printing a higher high and a higher low on the
depending on how today goes obviously we do not want to make a lower low today so today you do
not want to see the chart go back below 51.3 until after 6 pm central standard time because
you need a lower high and a higher low on today's candle or a higher high and a higher low doesn't
matter as long as the higher low is there the upper part of the candle can be anything if it's
a lower high you just got a day of consolidation before probably what is a wonky as fuck weekend
and this wonky as fuck weekend if you do see volatility understand they're probably trying
to get you to close your positions because if we are going to close this weekly above that fin
the chances are far more in our favor that we test up higher one more time and everyone has the
target 54 to 55k like 54.5 or 54.8 something like that a lot of people have that target on their
charts so if you extend that target to actually the greatest like improbability but still within
the same range you actually get to 57 or 58 which is more than enough to fuck over all the sellers
at 55k and then if you come back and you base above 53 then anyone who sold now or before now
is permanently fucked in their position how do you trap and fuck the majority of the market
underwater in one fail swoop brother it's like they're setting it up where instead of being
trapped in a buy position you're fucking trapped with no coins and the motherfucker hits a new
all-time high tell me that's not more painful than holding it through a $10,000 dip holding
it through a $10,000 dip means you can buy more and have more opportunity so even though that is
painful that is not nearly as painful as having no fucking bitcoins and watching it break $70,000
that's the most pain you can fucking feel that that would be painful that would i don't know
what your what these TA bros are gonna do once we hit all-time high like you're gonna have no
like blue sky breakout use fibonacci retrace and scale to basically project what the next 618
would be what the next four you know 424 and blah blah blah yeah no we will use because when you
make it and then we can also look at previous past prior examples so we start to look at areas of
interest so high volume and horizontal so when you have no major data for indicators or no
indicators at all you literally just need candles and horizontal lines to identify areas of
psychological interest so like basically all the flat areas on the chart where someone has bought
or sold at uh multiple times right on a larger scale if you're looking at a weekly if you've got
like six area like six times the weekly hit this number over a year and a half well when you get
above that number there's going to be an explosion right so everyone understands that concept or below
that number right so you how do you know for a fact that the area that you're interested in as
your horizontal is the best area to measure well look at the volume of the area so if that if that
price if you see a you know let's just use one that we know exist for sure on our chart 42,000
basically 42,500 chris you gotta make this a little more digestible bro i'm i mean i'm
sorry i got i just started talking to expresso my bad yeah i was like i'm barely following along
and i'm pretty damn technical and i know that half of the motherfuckers in the crowd don't know
shit from shit so just basic just strip just basically join the i'm so discord and just learn
ta using our free youtube video content and then you won't be confused anymore and you'll be a
participant and not a victim and congratulations all right yeah but but break it down a little bit
more digestible as like a tldr of of what to kind of look for right and then we'll we can move it
from there you know so we can still take advantage of it in in in some shape or form but to understand
how it's getting set up ultimately they're going to have to do their own research but give us a
little kind of a tldr to to how you see the setups are looking ridiculous like i'm fearful to take a
short and this is the perfect area to short so have they beaten me emotionally or is my subconscious
saying no no no no no no you've seen this before you understand this you cannot like i'm having an
internal war right now chief because to me i'm looking at these prices going no no no no we need
to pull back to like fifty thousand five hundred or like i'm waiting for goblin town still bro i've
been waiting dude you know what i'm saying bro i'm like looking but then i'm looking at the all
suffering under the weight of bitcoin's growth and i'm looking at bitcoin dominance and i'm
looking at these inflows from these etfs and i'm like thinking about how comfortable i am
shorting here if i were to open a short i wouldn't feel that much fear well that's not how this is
supposed to work you're not supposed to be comfortable in your trade you know what i mean
so it's like i'm starting to feel dude fuck the price dog the psychology of this market right now
is like tearing at my heart bro so i'm in a long position that's in profit right now
but i feel this lack of confidence i feel very uneasy in my position which kind of makes me
more dedicated to it you know i mean retail's not even here yet so it's gonna get interesting
i just pinned up pinned up top retail activity on coinbase stayed low in q4 of 2023 the largest
quarterly retail volume since q2 2022 but still below q4 2020 a meager 16 of all q4 2021 peaks so
we are starting to see retail come back and this is calculated by coinbase so we had hit the bottom
but now we're kind of peaked and we kind of broke that downtrend so retail is starting to show up a
little bit more and i would imagine it's closer we get to the all-time high you're probably gonna
see some fomo from you know retail but i also think you're starting to see fomo from banks
and institutions too like i feel like a lot of people feel under exposed to bitcoin in this space
man so interesting interesting interesting um oh and last thing i'll say before you go to hands
is my thought is is 52k a lot of money in their opinion you know like we're all sitting here
looking at 52k we've been staring at it since it was 14 900 so to us 52k seems high if you
just started buying bitcoin at 42k or 44k or something or where we saw the massive volume
recently at 48k you're only up 10 that's not that's not very much for bitcoin i don't even think
retail even no i think retail like if you're coming uh fuck retail i'm talking about the etf
buyers yeah uh the new participants the new participants i i still don't even think they
understand that you could buy like bitcoin okay i can't buy this so i feel like like the newbies
are going to say bitcoin's out of my price let me find something that's cheap maybe i want a
thousand of a thousand tokens of shib instead of you know half of a percentage of a bitcoin so
maybe the new people don't even buy bitcoin because they just think they're priced out and
they're dumb though we'll see where it goes i do want to throw it to samans we're gonna throw it
to josh and then swag go ahead josh um i wanted to talk about what i am not so looking at you know
i have levels on my charts too right and um it seemed like we formed a double top the other day
so we actually both threw it um and i don't know i don't think like i'm using the levels the last
cycle to like dictate moves and stuff and see where i think we're gonna go but we had new money
in in this day and now it's not the same of the last time that we were at the levels right the
sentiment is not the same and the people who are getting ready to position you know themselves in
this market is really different so i'm more so looking for a validation for the next move
right you know i you know ideally we want to consolidate here for a little bit and not just
you know rush it so they can all turn highs but you know at the end of the day you know the
rails do what they want to do and also i'm not gonna lie i am so like i'm kind of bullish
that just is about making profits like it's not crazy to set things out like yeah that's why i'm
like okay i'm gonna just let it ride dude because like it as soon as i start feeling emotional
about the trade i have to start asking myself why do i have an emotion because i i don't have
many emotions when it comes to trades right and right now i feel very emotional so this implies
that they've put me in a state of like mental anxiety where i'm sitting here trying to figure
out the truth even though it's almost screaming at you in the right in your face right like
it's almost as if there is just a mouth open screaming right in your fucking face and you're
like i don't know man i don't know if this guy believes what he's saying so it this is interesting
but hey yo yo we go back below 51 six homeboy is probably shorting 30 btc but you know i feel
like i'm fucking i will pile on the shorts if we break down here but i'm gonna just i'm at least
holding my long till break even which is 51 890 so like that's where my stop's been moved up to
we'll see what happens just be careful because like we do have new money in here you know it's
not like before and like up and like we wouldn't see it coming you know because we're not gonna
see it coming until we see the inflows come so yep yep i i kind of agree it's gonna be i think
this the market is rhyming but it doesn't look the same as the last and like this market's different
so i feel like it might not react the same as previously we need to go yeah we need to go get
past the crystal ball session you know what i'm saying like crystal ball sessions are tough my
magic eight ball already told me to try again i gotta come back in eight hours you know what i'm
saying so we gotta wait uh go ahead swag yo all right two things uh regarding higher highs lower
lows um i personally i'm just chilling in dcaing i can guarantee a higher high for me personally
by six p.m uh eastern tonight but that's not coin related uh second thing for chris so with that
hundred k gg are you planning to sweep the arm so floors i don't know dude why would i do that
i'll just build shit instead and shake all of you motherfuckers out i had yeah it was a joke but
all right well the serious answer is more of a gg to you mr leverage i just want to shake everyone
out and then make them feel the as much remorse as possible that's my game plan take it out
check it out yeah swag is swag's gonna hit an all-time high at 4 p.m today 4 20 p.m today so
check out that all time high all right double go ahead man yeah yo i don't have a crystal ball but
this is really feeling like the overall market to me right i feel like bitcoin is actually following
what the market is doing so if you look at some of these stocks like invidia uh all of these stocks
like meta they're just they've just been on a huge run almost matching what bitcoin is doing right
so like and i feel like that short is there everyone is like we should shorten invidia we
should right everyone is thinking that everyone's pretty much on the line where this thing is going
to have to retract at some point and it's very fragmented right like the entire market there's
only a few stocks or a handful of stocks that are pulling it all up bitcoin is what is part of that
so i don't know be careful um it feels really really toppish the overall market right and we
got some reports today i don't know what happened but i don't know just be careful out there
i guess my point is that it's following the overall market yeah and some people like we
had an all-time high for the stock market like last week and people have been saying like
this market is uh lagged by two weeks so it kind of like the stock market goes up all time high
and then bitcoin in this market rallies like two weeks later it would just sped up a little bit
because of these inflows um but i saw this from arthur hayes yesterday and i repeated i think it's
a good way how we need to take uh talk about this market uh and he says who cares who cares about
fed cuts when you combine fed and treasury activities the net is an objective to 21 billion
per month this is one reason why tech slash ai and crypto are pumping and will continue to pump
fuck the physical economy it's all about online economy so all this stuff ai is gonna pump our
bags regardless like this store thing came out and all the fucking market pumped with it because
people consider bitcoin and technology so if technology pumps then all our crypto pumps too
so oh one more point i want to make though like we i saw like the super micro computer broke down
uh a bit today it's been it ran it ran really high um and it broke down today so i think one
thing i was going to point out i think if we do see a correction in these tech stocks and video
and the like i do believe now that the etf is here those same traders are going to short right
so i think we have to be careful of that that new kind of um uh variable that's in the market now
where like the etf traders will kind of follow no double ape what if they rotate what if they
rotate all of their what if this is a generational transfer of wealth double ape and they just rotate
all their money from invidia and fucking whatever stocks or i don't fucking care yeah when they
rotate out of the risk no no into bitcoin you're being too bearish double eight no no i'm just
saying right now they're um bitcoin is following like risk on tech stocks so when so in the market
right so when they when when that starts to correct they're going to you know move to other markets
like gold or whatever oil well i don't know whatever other kind of markets they want to
move into banking or whatever right don't you agree they're not just going to go into bitcoin
you don't go from one risk no you put it all into bitcoin no you don't double eight yes you do what
are you talking about when they're all into bitcoin yo you do that i'm saying traders that
are buying these etfs typical like etf traders are not going to put it all in the bitcoin
they're they're using it in their portfolio as a risk on they can have fun staying poor
than double eight they can just have fun staying poor all right dude all right dude all right we've
gone down a long path and the room is dark now now chief lights a torch and takes us out so good
chief i have to deliver and it's leading here in st louis so hear that background noise that's
elite hitting me but go ahead i have to deliver some packages some books to this woman so go ahead
well first and foremost let's just give you a little make you feel good inside let me warm you
up because uh congratulations on your render call you've been kind of preaching what render
is and and just exactly how it's being utilized the fact that uh it is one of the tech companies
that is literally rendering the apple vision pros dapps and experiences uh well the third
came out yesterday and fucking crazy god candle from render shooting from what what is that like
four nine to about five two so just kind of doubling down on your theory of why render is
important you know and and how exactly it's going to shape the future for these xr ar and vr kind of
experiences going forward so just wanted to throw that up there for you dude a little reaffirmation
for you and then next shit because that made me look at all the fucking ai coins but next we have
etcher etcher is going to be a free mint pass at first for a new style art house on bitcoin
it is ran by yogi for those of you guys that don't know yogi um i mean you guys should probably
figure out who that is or you'll cross paths with him eventually i'm gonna pin up etcher's newest
uh drop or information um so they're doing a collab with an artist called somewhere frank
right this has officially been dropped yesterday frank has been tweeting as well
and i'm going to pin up his post so you guys can connect the two so high end art on bitcoin
notifications um on next step dropping later today the account itself has less than a thousand
followers it's at roughly 900 or so this is etcher's first drop slash collaboration etcher's
been cooking and in the cut for maybe about six to eight months right yogi got intrigued by what
was going on on ordinals early on and sat back and was just building for a while and then this
is what's to come so no real confirmation on price for the actual art piece whether you're
going to need the etcher pass first or how exactly that process is going but just keeping
you guys informed on you know this new drop and this new artist has come into bitcoin and could
potentially be something the pass is free if it gets you the artwork for free so all around a
ev positive play so we'll get more info as as it kind of develops uh less than 23 hours on the
actual artist account y'all and uh we've been talking about dimension obviously i'm full of
on dimension they do these roll apps and any project that uses the roll app you're going to be
airdrop tokens for staking uh we've been talking when we very first talked about it was uh this
project called ab abel project um and this is from andy says breaking abel project has a mystery
announcement during their event in eke denver on february 26th hmm maybe a mainnet possibility
i will be at the event for a live update covering this along with the roll up.co dmy
stakers eating good already we'll see so people have been suspected that this abel project is
going to be launching a roll up on top of dimension and this is going to be the very
first coin that's dropped at dimension stakers and they have an announcement on february 26th
not saying that you're going to get the token on february 26 but i think that's probably closer
than we think so if you haven't staked dimension continue to stake it looks like that one's
possibly going to be in your wallet sooner than later pin up the event for you so see the event
calendar below it would be abel plus mainnet definitely a possibility so continue to stake
your dimension i think it's going to reward you uh pretty good this cycle and then uh there's a
new pro i guess it's not a new protocol it's called circuit uh it's on solana and they have
a new gito sole uh basis vault and from my understanding um it's called cash and carry
vault on circuit it's a smart way to make more gito sold uh right now they expect an apy is
around 94 there is a 14 withdrawal period but you earn drift points plus counts towards their uh
circ airdrop too so you go to app.circuit.trade it looks like you can stake your gito sole pairs
there you earn drift points but you also accumulate points towards their airdrop too so if you do have
gito and you do have sole you can use that and uh double your drift points which is uh the top
leading i don't know if it's the best protocol or exchange for trading on um sold but it's one of
the fastest and it's the one that has an airdrop coming so if you want to get more drift points
there's an opportunity there so i'm gonna throw that up there i'm confused as a passer buyer of
the salami ecosystem i was handed the jupiter brochure not the drift brochure and i was told
jupiter was what you know dominated salana and i should go all in no one gave me another option
these things just kind of manifest themselves throughout time i don't think gito you know you
do have some gito you can stick it on here and earn more drift well i'm saying so hold on did
you say titanium cheetah i need to get a i guess a temperature check then because i thought jupiter
was like uniswap where they were they were him you know like that's the himathy of salana and
now you're over here mentioning three or four other candidates that you know i didn't i didn't
know we're even in the race so you know for jupiter's just an aggregator chief what is jupiter
is just an aggregator it's like one inch very yeah it's more like one inch than uniswap radium
is like uniswap but radium isn't as feature rich doesn't have as good of a ui good of a team
community support so basically jupiter has become the front end to make onboarding people into
soul defy easier so it is the onboarding platform to bring people into soul defy which was previously
attempted to be done by a company called orca orca.so still exist they just did really shitty
but the actual version like the truth be told the uniswap of salana is radium but you never will
have well that makes sense because on juke it even shows like you're you have to do a couple swaps
or hops depending on what pairs you're trying to trade just due to the fact that they don't have
all access to them right like a like a full dex would okay cool did we talk about this pit thing
i know you talked about pith yesterday but was it the degen based thing no oh so it says degen
base i says hey degen traders and stakers we're thrilled to announce a groundbreaking collaboration
with pit network as part of this partnership we're allocating eight percent of the total supply
of degen based tokens exclusively for pit stakers so how do you participate stake your pit network
stake a minimum of 500 pit tokens on the pit network to become eligible for dv token allocation
join our discord users should indicate that they're from pith for identification and
signing roles so if you've been staking pith right yeah bro but now shit's starting to get
complicated just drop it in my wallet i don't want to go in your discord i don't want to be a
community member i don't want special roles i do something for some free money bro i did i staked
pith the fuck all right you know that's what i thought that's why i staked pith because i thought
i was just gonna get like i got on the train late bro now i'm having to go out there and work for
the shit so it's okay proof of work it makes it makes you value it a little bit more than dumping
it instantly so um i'm gonna pin something up since we are kind of talking about uh just staking
impossible prism right was a new validator slash chain uh that's come up so hop on the prism test
net play around play with swaps and pairs inside the cosmos ecosystem through the prism rpc
and you can qualify for a potential airdrop on that side so once again it's time extensive
not money extensive and so now let's look into some free shit for us uh the karma airdrop so
karma coin phase one for the next 72 hours holders of track can indicate their swap allocation for
track to karma only wallets that participate in the interest period will be whitelisted to actually
swap during phase two if you are interested in this if you want to you know convert your track
tokens into karma uh it's up top the link for you guys to check it out this is the um coin i guess
i mean i'm not gonna call it a shit coin so this is the the token that's coming from sora ventures
it's built on top of the uh the tap ecosystem utilizing track uh as the actual token standard
and it will be airdrop to different communities and and kind of included right i think there's
seven different ones um one of those is fucking bitmaps so rip to you if you think karma is going
to do anything for you because bitmap is a massive community uh but maybe it will so i've seen that the
greatest chance to get the biggest allocation is based off of track so this phase right now is
probably the most important if you are looking to accumulate or acquire karma right based off of the
allocation for the partner collections for ocm's for everything there's a chart kind of circulating
around of what you get allocated and track has the highest uh basic ev positive ratio of buying one
track token to uh x amount of karma coin so you have to go up top indicate what you're going to
swap over in order to be whitelisted for phase two to actually swap over so if you want to
participate go check it out i did want to throw it over to uh i mean dj dabs has been up here for a
minute um i know that you are working on new blast city man uh we've been kind of all over the place
with airdrops and kind of educating our community with different opportunities everywhere so we'd
love to hear a little bit about what you see or how how much of a contender you see blast coming
out and then we can kind of go through a a brief little overview elevator pitch on on what exactly
you're cooking uh with that yeah for sure thanks for having me on hey everybody dj dabs here
uh blast so blast is an l2 that's coming out built by pac-man and pac-man if you guys know
he's the founder of blur so definitely an established player in the space and he's bringing
some interesting new ways for an l2 to run so some of the advantages with blast is they actually
distribute the gas that's earned through the through the chain to dap dap owners and dap creators
so basically with blast it's an l2 what the way l2s work they're sequencer nodes that process all
the gas transactions and what blast does is it actually takes those those fees and gives it back
to the to the dap creators and that means that uh i believe it's 100 i don't know exactly what
the ratio is some of it's still going to go to the sequencer node and in the docs there isn't
like a clear breakout of of the percentages but effectively some of it go to the sequencer node
because they still need to process the transactions and then some of it goes to the dap creators of
the wall yeah sorry good job i was just wondering if it was 100 or not my bad yeah no that's a good
question that's something that i'm wondering as well and i think they'll provide more clarity on
that as they get closer to the launch of mainnet and that's planned to be end of february and yeah
what we're doing with new blast city is we're launching an nft collection on blast and we're
trying to take a different approach to building an nft brand we've been conceptualizing this idea
for about a year plus and then when blast came out we thought it would be a great fit for this
concept the main reason is because of what blast does with it distributing the fees to the dap
owner it made our concept a lot more powerful and ultimately what we're trying to do that's
a bit different is we're actually going to be taking those earnings that we get from blast
and distributing that to the holders so we're playing with some new concepts for like consumer
rewards and consumer earnings on an nft brand and then leveraging that concept to also let holders
influence the direction of the brand so effectively we have like multiple factions that are fighting
to get control over new blast city and then the faction that has control can actually dictate the
direction of the brand like what kind of stuff yeah go ahead i'm just gonna add on top i guess
the question is so is it in a sense almost double royalties or is it the same royalty that just gets
redistributed to different entities like through blast yeah so when you're saying royalties that
makes me think nft royalties and i think that's something that's interesting right with blur
they got rid of creator royalties altogether so i think what pacman is trying to do with blast
is he's also trying to introduce these new revenue models for nft brands that doesn't
doesn't rely on just creator royalties so i think that's where some of this distribution of
gas to to contracts and daps is coming in uh so i i don't know exactly if that answered your
question about it being like double royalties but with blur there isn't really creator royalties
so i think that's something to consider as they roll out blast that's probably something that
they're going to continue doing okay so that's what i was interested in it's like when they
continue they're still going down that same route of just grabbing what they currently have or offer
and just adding different gamified ways to participate with it more or less that's what
we're getting the sense of and we're trying to also understand that more we were on an
ama with pacman and we actually asked him directly like hey is blur gonna have creator royalties and
we didn't get a direct answer he basically said well there's a bunch of other ways for
projects to earn on on blast and i think what he was alluding to there was the fact that
you know you can leverage some of the blast tech to find new ways to earn and find new models for
for revenue that's awesome dude well i appreciate you coming and breaking down blast and even
breaking down what you guys are doing with new blast city i mean i'm interested to know a little
bit more kind of see how blast launches towards the end of the month right as we start getting
in here and seeing exactly how it it's adopted right the idea of these not necessarily enforceable
but it's just a feature right these are features of the blast chain rather than quote unquote bugs
or discrepancies so yeah yeah exactly i think it's exciting to see how this is going to change
the game when it comes to nfts and the new novel mechanics that are coming they're going to come
out thanks to what blast is doing and yeah we're excited to be building on it and excited for the
opportunity and yeah thanks for having us on here yeah man we'll definitely talk to you guys soon
and look forward to seeing it come out man and just how blast plays out cool for sure cheers
i mean it was it i mean i guess what we're expecting these nfts to be kind of implemented
on blur right like there's like obviously they only support ethereum nfts right now we're
we're pretty much just clear to assume that blur is going to be opened up and
and blast nfts are going to be trained on blur right yeah that's 100 blur is definitely going
to be on blast they're not going to be there on day one of blast mainnet pac-mat has confirmed
that but blur will be there shortly after all right so that just makes me think like this is
going to get repeated pretty quickly people are pretty comfortable on using blur they understand
so like a lot of people when they get onto new chains they have to figure out like where's the
where's the nft marketplace i don't know how to use this what i got to do but with this one people
are pretty familiar with blur so it makes me think like the nfts are going to have a lot more
i'm not saying volatility but like the adoption is going to be a lot quicker than like just saying
launching a new layer two on bitcoin or something right so yeah i think this is going to like i've
been keeping track a lot of the people that are heavy hitters are pretty excited about blast and
i just been trying to keep up with it because i know there's going to be tons of money making
opportunities with the people that are supporting this and the amount of builders that are building
on uh the whole blast ecosystem in a ty shitcoin wise decks wise so i even saw an interesting take
people were asking whether it's too late to kind of get involved in staking etc and i think that
the answer to that was for direct benefit from actual blast it's probably too late in terms of
multiplier points etc but from benefit of those building on blast i think that there's definitely
an opportunity and that's what they were kind of explaining as well is that for example let's just
say new blast city he can already identify is can i get a list of those that staked into blast and
give them some type of priority access because you already have people who are in the know
right and are now a direct line of distribution so i think that for new dapps that come on
having been an og staker to a certain extent or og whatever into the original round will hold
some type of benefits or ability to be isolated later on and give you some type of precedence of
hey yeah it was an og blast staker there and you know maybe there's uh an easier way for allocation
on all the new dapps that come out or or something of that nature so i thought that that was an
interesting approach too yeah it's gonna be interesting i would imagine the the king of
incentives isn't going to let you just withdraw once they'll unlock opens i'd imagine you keep
it staked if there are new protocols similar to like celestia where if there's new protocols
launched and you have your blast stake then you get an outlet you get that token allocated to
your wallet or something so i would imagine like there's gonna be multiple incentive programs to
keep your keep your liquid uh within the whole blast ecosystem and you know maybe there'd be
some combination with blur too so it's definitely interesting just another fucking thing i gotta pay
attention to thanks guys really appreciate it there's like i don't have enough like we don't
have enough chains like we don't have enough i guess that's what they mean it's a multi-chain
universe i guess we've got to get used to it and the future the tech will catch up and we'll all
have one wallet for all these chains but right now having like 17 wallets six phones 14 web browsers
16 google chrome extensions it's a bit overwhelming i think we all feel it right like this is getting
a little out of hand but if there's money to be made then there's opportunity so i'll take the
time and learn it just because you know the possibility of making thousands of dollars right
so liquid staking liquid staking liquid staking restaking restaking that's obviously the meta well
bit tensor came out with their own i guess liquid staking introducing st tau rewarding
reward bearing tau lsd boosting accessibility and liquidity for bit tensor earn yield on
your tau by staking your w tau into tensorplex.ai to ensure the safety of our users assets we
safeguard the launch and with a deposit cap of 25 000 tau so if you do have some bit tensor
and you want to earn you can stick this and stick it into this tensorplex and earn a yield so i
think that kindly finally happened i think they launched their very first protocol on top of bit
tensor earlier this week so you're kind of starting to see development of that and then the ai
narrative heating up yeah bit tensor is leading the charge on this ai so i still don't have any
but i definitely need to get some um we don't mention this yesterday and it's meta street
don't know much about it but i found an airdrop if you guys want to um participate um meta street
here's two two little things on it meta street ascends to be live in 24 hours we have had over
five million deposited from 875 users which benefits from our one plus 50 bonus you will
make it in time for a day or two with 45 x bonus so meta street as a confirmed airdrop is a liquid
credit platform backed by openc dcg and dragonfly they have sent almost 25 million until now
currently the asin airdrop program is live and will end in three months basically gives you a
guide on how to farm meta street in this protocol and like we said up top there's already been
about five million already deposited into this protocol uh trying to earn these expats and these
points so might be something that's backed by openc i don't know if that's big or not but uh
yeah dragonfly and all that other shit so meta street dude i didn't even know bread was up here
what up bread yeah fucking him after i didn't eat you snuck up yeah i just came up i just came up
so you didn't miss anything what's up man not much i'm just trying to find you know opportunities
for people this meta street one seems pretty promising five five million deposited already
in less than 24 hours i didn't know much about it but it seems like i got the right backing
i love staking and earning exp like that's one of my favorite things to do in the world
yeah so that's so one of the reasons i came up here was one just to talk about some stuff
that you guys actually had covered in the past just to provide clarity on it and then
i probably shouldn't because it's gonna eat into my own bags but i'll i'll give this
the new alpha that you guys are already doing but not actually seeing and just to help you guys out
so all right damn it i shouldn't but i'm going to all right so cover some of the shit you guys
already covered and give a little context on it one you mentioned the judo soul stuff so for people
who aren't familiar with judo and judo soul is that was obviously the air duct that kicked
everything off judo is if you're going to compare them to something in the ethereum ecosystem
it's like flashbots plus lido so like the huge liquid staking platform lido that has like
basically all the staked eth out there they take a little bit of the the extra from staking you
have the liquid tokens you go to defy shit judo does that but they also combine uh mev on top of
it so they have their own mev strategies that they get and then they get the extract some value and
they run it back to the stickers so pretty bullish on them that's like one of the only
defy bags i have over on the salana chain so i have a little little one there and so i highly
recommend i think it's a really safe play for for everyone uh second thing is you're talking about
your head spinning with all the the chains spinning up i actually made a post yesterday where i walked
through l2 beat and i drew up just how big like the l2 landscape now is and even with blast and
all those other shit there's 30 semi l2 chains that are live i hadn't seen half of these fucking
things and there's another like 35 that are slated to come live did you see justin sun talking
about an l2 or a layer 2 that he's launching on tron like a bitcoin layer 2 yes it comes out every
day a new fucking layer 2 bro cannot get there's so many of them so many of them it's it's ridiculous
and i even when i was reviewing some of them have launched and are already shutting down
like the one that was launching for gitcoin it's uh like the public goods l2 on optimism
and it was a good overview for just to see which of the ecosystem the l2 ecosystems are actually
growing look real quick bread i just pent up top where you're talking about x-ray everyone to get
context uh justin sun's tron's bitcoin l2 solution and roadmap this fucking guy dude he's the ultimate
like and i'm i'm torn with him because one like yeah he's like the ultimate grifty dude like he
just hops onto any narrative and and rides it he's really good at it and has been good at it since
you know back in the day you're the one that created the chinese facebook or whatever
i don't know he i mean he did the chinese kind of the chinese facebook he did chinese uh ethereum
that was that's what tron is he just copy posited and then now is juiced it and made it cheap and
you know we hate it because it's not decentralized whatever all that shit but it's really really
being used so can we really be mad about him because like you know all the stablecoin volume
that goes through that i don't know so um but yeah so like there's more chains coming and
all of them have incentive programs like you're talking about you can go do all this shit
and that leads me to this opportunity that i found and again this is eating into my own
bags i did the calculations this morning so uh please guys i hope there's no millionaires in
this fucking chat um so you guys like celestia obviously tia it's been mooning it's you can
stake for it and get a good apr well and all of these it for anyone doesn't know tia is a data
available data availability layer so if you're reading viewing data as a commodity it's a race
to zero everyone's just basically going to switch to the ship you're already seeing a bunch of l2s
eclipse a couple of others that are already live saying yeah they're already live saying hey we're
going to use celestia as our data availability so they're still opposed to ethereum but their data
will be posted to celestia anyways um so if you believe celestia and tia is going to continue to
be adopted in cosmos and across l2s that means all of these l2s need to buy and hold tia to
be able to post data to it whatever that's all just bullish tia shit it also means that tia is
going to continue to be proliferated throughout all of these cosmos chains and now some of these l2s
and what is the next progression of that kind of goes back to what i started on which was
lido staked eth and judo soul right it's a service provided inside of these ecosystems
eigen layers restaking tokens is the same shit right swell and all those are the ones i have i
posted and said you can get compounded aprs because you give it you give these guys something
they go and they do the work whether it's staking or or whatever and they give you a cut of it right
and then you can take the token that you have on hand the liquid token you go plug in a defy
and do a bunch of compounding shit well because tia is going to be used all over the place
and its biggest apr right now it's like 14 natively if you stake with them to get these air drops and
shit is like 14 you have you you have to stake and un-stake it sucks right it's the same thing
that happened with ethereum where you had to stake for fucking over a year so lido spun up to
give you the liquid token that you go fuck around and deep eye in and and not have to deal with the
unbotany time so the thing that has spun up in in cosmos as the the liquid staking provider
and the dominant one anyways is stride now stride is extremely bullish celestia because it sees
this adoption and proliferation of the token and as data availability data availability is being
treated as almost a commodity it's all over the fucking place so stride seeing celestia
bouncing that crazy everyone wanting it they want to be the liquid providing token
our liquid token provider so that is the lido of the cosmos and some l2 ecosystem and to do that
they have incentivized people to say hey instead of buying tia come to us and buy staked tia
we will give you juiced stride rewards which is their native token plus we will ensure that you
get all of the air drops that you normally would have gotten from from tia itself now they're doing
that two ways one they're working with protocols to say hey make sure you count our people here's
the full list you know you can have the access to it and they're also staking their own shit and
saying we will distribute these rewards to people that have staked tia so they're doing that to try
to bridge the gap you may lose out on a little bit but whatever the stride rewards i calculated
this morning scaled based on your position and right now for the first 60 days it's in two chunks
60 days to 90 days for the first 60 days i mean i just threw in like a 20 000 position
you you get about 180 percent APR it's about 100 a day for 60 days on a 20 000 position
that means after 60 days you get six thousand dollars in stride rewards and that discounts the
appreciation on either token if you think either of them are going to be popular and the stride
staked tia token is not rebased which means like staked eth what it does is it constantly rebases
so that one one staked eth is equal to one ethereum that's what rebasing means staked tia
does not rebase which means you buy those things now as that stuff gets adopted the tia that it
can be swapped out for increases over time because it does not continuously rebase you
get your rewards and your one tia that you bought is just constantly going to be earning more actual
tia because it's uh again not rebased now you really want to go ponzi we can keep going ponzi
because now stride is also counting these LP pools that are being spun up across two other protocols
one of them is neutron one of them is osmosis so you can start with tia steak or swapping for
steak tia that's about 13 percent APY plus you're you're boosted around 180 uh APY or APR um stride
rewards you take that and you can let you plug it into neutron or osmosis in both of those the pools
give you between 11 and 30 depending on how much you actually do or how much you actually opt into
and if you restake the native token that they reward you with so then you have and this is a
staked tia slash tia pool so it's like they're roughly going to stay in parity over this window
60 days is nothing so even though it's not rebasing it's whatever so now you have the
native rewards which is 13 to 14 percent you have the staked tia uh incentives that are one the air
drops and two the the stride rewards which are again 108 percent for 60 days and 70 following
90 days unless the pool continues to go crazy um and then you go and you plug that into the
the pool that is the LP that gives you another uh between again 12 and 30 and all of that stuff
is safe for the most part because they're known DEXs on stable pools they are a known protocol
that's just a liquid staking thing that's trying to take over the world and it's celestia so as all
of those things continue to get adopted through all this shit it all kind of just appreciates and
then you have the the tokens that you actually got from the actual DEXs so i found out this morning
i'm actually working my way into the position now i got a cosmos as a pain in the dick because all
these fucking chains have their own gas token which sucks so i should be fully in position here in
the next um hour but something i found something for your listeners gg's expresso and chief chief
didn't you do stride for eigenlayer uh no but it looked exactly like this it was straight
well no my what i did was i think it was called straight or straw or something and it led you
to kelp down oh yeah kelp down yeah similar yeah that's the same shit all these all these websites
look identical bro like liquid staking you know i'm saying like the same five buttons
and very very simplistic kind of view but this is cool dude i mean i'm already tia staked and then
i'm in a milk tia in tia milk tia is one yep yeah position just due to you know the liquid restaking
through that the milky way or milky zone bullshit so yeah milk tia and stride tia are are staked
stride tia whatever are roughly equivalent the thing is the milky one has not does not have as
much set aside for making sure that they get air drops or proliferating throughout the ecosystem so
like that's the reason i went to the stride one and again strides juicing their rewards pretty
happily with their native token i just pinned up a chart up top of all the the top 10 liquid staking
by seven day tbl growth you have swell sweet of 56 percent you have clay stacks hq of 44 percent
ether five of 34 percent renzo protocol 29 percent kelp dow which is the one you're using i think
27 perception lrt 25 puffer finance 21 genesis uh 20 eigenplex 18 and prime staked and these
is this all has to do with eigenlayer uh most likely but what do you think you can earn all
those in one pool yeah what do you think about like this date availability thing uh obviously
you're storing your data on chain it costs money with eigenlayer comes out don't you think that
that kind of it takes the shine off celestia like i'm actually more bullish on eigenlayer so i'm
thinking like we run this we run this back turbo with celestia uh until spring and then we kind
of unstake and then we we we ride the eigenlayer date availability uh for the summer to fall that's
kind of how i'm thinking this is going to play out because once once eigenlayer comes out with
their date availability like it's going to smash celestias so i feel like it kind of it rubs the
shine off that and i think a lot more people are going to be more bullish on eigenlayer using that
date availability than celestias in the future what do you think about that i i agree with you
the only headwinds i see with that is that eigenlayer it will have a native token but it's not going
to be directly tied to the eigendia like eigendia will be one of many things built on top of it
and celestia in all that time that eigendia is like waiting to be spun up like once it actually
goes live celestia is getting its hooks all over the fucking place and distribution really matters
in this world just like looking at ethereum and saying ethereum is shitty technology
relative to solana or near or h bar or algram well it doesn't fucking matter because it's got
its hooks all across a bunch of shit now like that's not to say that none of these things won't
eventually win out i'm just saying like usually short to medium term network effects matter and
distribution matters same thing with optimism as the lt suite optimism doesn't have fraud proofs
uh it's not zk like all this shit like argentrum has better tech zk sync has better tech all this
shit but doesn't matter because optimism got its hooks in all this fucking stuff in the meantime
while everyone else was like trying to make sure they had the better tech optimism just got
coinbase on board and then they got zora on board and then they got whatever on board and
like all that other shit comes later so i agree with you eigendia is the one that i'm more excited
about but celestia in the meantime is getting its hooks all across all of these fucking chains just
because it's the thing that's available now and people are bullish on it and because they are
they're going to continue to use it kind of thing so i agree with you and data availability is
honestly being being perceived as a commodity which means it's like a race to zero right
but switching costs as they they go lower right you have these all these chain kits like the app
what's it called um roll apps not roll ups it's a but it's roll kit it's called roll kit
you have a bunch of these things that you can just go click some buttons and say okay i want
ethereum as my settlement layer i want celestia as my data availability layer i want i can da is my
data availability layer i can go to near i can go to whatever all these fucking things that are
being spun up whenever those things are one or two clicks away and the switching costs are effectively
zero yeah like it's it's a race to zero as far as like the cost of these things and if you look at
the actual tokenomics of like how much it costs to post to celestia versus how much um like how
many transactions should they need to actually be profitable as a coin or to justify the pricing
and it doesn't really make a whole lot of sense and the volume they need is astronomical but does
it fucking matter in a bull probably not it's just gonna be all over the place anyways so
yeah everything goes out the window when bull comes in
dude i had some stats on how much it costs to store your data on each of these chains
one that really surprised me i'm trying to look for it in my in my notes but one that really
surprised me was near protocol literally like celestia sixth sense to store data on it and then
near is like half a cent like half a half of a cent so i was like i don't even think if you'll
realize that near protocol does offer data availability similar to all these other chains so
near actually not people don't know what they've pivoted into like instead of being their own l1
they're trying to become the layer to abstract all chains so they're trying to become this chain
abstraction thing where they yeah they offer data availability they offer processing they
offer a layer of integration where you just come and work through near like they've just
launched a product where you create a near wallet and it goes and simultaneously creates
wallets across all other chains so that you have all that stuff coordinated in one thing and you
can manage assets all in one one simple ui so it's trying to become a chain abstraction layer
atop all other chains because it realizes because they realize that yeah being their own l1
isn't really that effective whenever there's a bunch of really good l1s out there
yeah just put it up top um so it's uh near protocol costs 0.0016 dollars to
store your data available a bill or store your data on per block on celestia it's four cents
on ethereum after the uh eip comes out is seven dollars and right now for ethereum it's 140 dollars
to store your data on ethereum uh per block so the data availability thing is interesting
i started trying to do more research on it trying to understand eigenlayer and celestia
when i was investing and just started going down the rabbit hole and uh it's pretty interesting
man this modular blockchain narrative is data availability and it's like other chains are using
this uh and then like you get rewarded for the token so it's kind of it's kind of a no-brainer
and i'm glad that we're early to this cosmos kind of restaking thing uh in december because
it's kind of giving us a lot of money for being early to this um but yeah cosmos is very interesting
you got axolar is something that i hear a lot of people talking about in neutron you mentioned that
one that one's like built directly on the cosmos hub isn't it like the neutron yeah yeah that so
yeah i mean the concept isn't anything crazy and honestly all of these things are going to be the
exact exact same fucking thing long term like it's just you have these these chains that are
being split up into a thousand different pieces even even the things that like like um solana
that are out there right like solana is yes very fascinating with h bar same with with algran all
these things whatever like they want to to have as much as they can on in one single layer but at
some point there's going to be a decision has to be made to have uh have another chain do something
special whether it's for sovereignty or technical differences or that the governance is too slow to
implement something that they want so it like the only difference between literally all these things
is the capacity that the community thinks is is appropriate for them to have before they start
integrating an entirely separate chain aetherium gave up a long time ago and they started scaling
with l2s that the uh solana thinks that the capacity should be much much higher before you
start going into the going down that road but it will come for literally every chain because
like science is a thing and everything has capacity
you know i appreciate you coming up here and just breaking it down that was very
informative it was very rare where people get the guts to come up and just spew things even
if it's affecting their bags so shout out to you man that's i think that's the bigger reason
why people don't come i was like man i'm not coming up here in 200 space and having people
fomoing this shit and make me have to buy higher so i do appreciate you coming and articulating
this it's it's very interesting and uh i don't know i like it i like i just like the learning
this cosmos ecosystem just other stuff like data availability and these modular blockchains
and something that interests me so thanks bread appreciate you um now question is are you gonna
i'm not gonna say bother but are you gonna go back in x because i know that you recently did
um what's it called you recently did your last uh tia round a while back right you you re-stake
rebought in injective tia probably about two weeks ago so do you plan on redoing it again
or just redelegating with this new information or not i'm just gonna i like i think i the reason
why i put more into it because it's gonna be coming a more popular trade and obviously it's
gone from you know you needed one tia stake for dimension to alt layer saying you need 35
at least so like i felt like i was under exposed so like i put 45 tia in there staked and i feel
like that in a crowded trade that's enough to get whatever comes out airdrop wise so i think i'm
comfortable we'll see whenever the next qualification for you know tia stickers is that 45
tia is enough and if it's not then yeah i'll probably up it some more but like i am not a
long-term tia holder i am just riding this kind of re-staking wave until igon layer comes out and
if igon layer has another open up of these pools you best believe i'm gonna put another eth in that
bitch and probably take my celestia out and and just convert it to eth and do that so i i see the
i see what's happening i see the writing on the wall and i'm just you know not trying to marry
this uh celestia back too much even though it has pretty much faded itself off already with airdrop
but whenever the next coin comes out and it's like you needed 35 tia and i'll be alright i have
enough but if it says you needed 50 and i'm not eligible then i'd probably up it uh one more time
and then if i'm priced out the next time i'm just like this is just too crowded of a trade at this
point so it's becoming very crowded and the pay to play for this is getting pretty expensive you
need over 800 to qualify for a lot of these uh a lot of these airdrops and i felt like we were
early in bullish in december and now everybody's bullish so i feel like the trade's kind of wrapping
up a little bit here you know i'm saying everybody's trying to get in everybody's trying to play
that just makes me want to try to find the next opportunity and stop doubling down on this because
i i really like i think i long term i i'm more bullish on igon layer long term stuff that's how
i feel about it what about you so you're good you're good i'm telling you guys that the next
so the next play is the level above these base assets right so like everything that you guys are
referring to is the native thing that everyone is looking to to get airdropped so it's it was tia
it was dimension it's igon layer right that's the very very bottom level that's the hub of all these
things that are being built on top of it with tia's data availability right so you have a bunch of
roll apps that are l2s and roll apps that are building on top bit same thing with dimension
and same thing with igon layer so the first play was okay and base our blast is now kind of that
thing too so first play was get the get the base asset right because everyone's going to reward the
base asset with high apy and or airdrops cool that's kind of getting saturated over create
overcrowded whatever but now the next phase is you have all of these things being markets being
spun up on top of it for igon layer it's the people that are trying to own the liquid restaking token
defy narrative that's the kelp dows that's the ether fies that's the swells that's the whatever
all of those mf's don't have tokens are promising tokens and are doing whatever the fuck they can
to incentivize people to come there to do stuff so i posted i don't know where's a week ago now
that i put a huge amount of money um like a bag that i had for the for the bull market that i
actually switched out of alts and came into that because i think short term it's the play i plan
on eventually getting back out of it towards alts as things get crazy but i think aetherium
is the play right now which means you can use aetherium to do igon layer stuff to then get the
stuff on top of um igon layer which are again swell ether phi kelp or ether phi and renzo
those three are all rewarding you for having aetherium on igon layer so i'm farming aetherium
staking because it's restaked i'm farming igon layer because it's uh it's got a token coming
and they restake that to give you a little bit of yield and then the liquid restaking
players that are trying to evolve on top of that renzo ether phi swell those guys are all coming
together to form like the infinity call that are rewards so you take that and deposit it into their
pool so i'm now farming 200 on those three protocols for a day on top of the igon layer rewards
on top of aetherium appreciating on top of aetherium staking all in one thing like that's a that's a
very safe trade right now in my opinion so i went pretty heavy into that instead of sitting around
like fucking around a bunch of alts let that cook for a little bit and then as that stuff gets
saturated you move up the chain because then d phi protocols trying to leverage those tokens
are are going to start incentivizing people on top of that so like you just kind of keep going up
the layers um so right now i think it's moving beyond just tia when that's what the stride play
i just told you guys was that's stride is the liquid token on top of tia so you had tia that
was big and saturated now staked tia is going to get big and then d phi on top of our utilizing
stake tia is going to get big so just kind of keep moving up that stack as uh as appreciate
or not as appreciation as utilization takes place yeah i was looking at east going up i was like
damn man i was looking at my metamask wall and i'm like damn i only got like point five in here man
i wish i was and then i was like oh yeah i have like an eth and a half an eigen layer i'm like
i'm good i'm good just wait till we be able to unlock that bit did you what was what bread was
talking about i mean did you restake the swell sweep that you got x i mean i i put my eth into
swell got sweep and then took that sweep and then staked into the eigen layer and that's what i did
do i need to do more yeah that was the first so that was the first wave because that's what i did
too i did because first it was just straight up deposit ethan to eigen layer cool that was the
base player farming eigen layer get eigen points and swell renzo ether file came along and they
said okay instead of going directly to to eigen layer come to us we will give you our token
and then uh you can get points for for minting our token and then deposit deposit that in eigen
layer so then you're getting ether five points swell points whatever points and deposit in the
eigen layer and getting eigen layer points cool now you're doing two at once and now the next
thing is instead of so what you could do is you can unstake that that swell that you already
deposited in the eigen layer get that back out take that to same people swell ether five renzo
kelp dao go to them and instead of buying the restake token so it's swell eth was the previous
one i don't sorry that's the liquid token you buy our swell eth which is the restaked version
which is a liquid version of the people in the position you are right now right you do you have
swell eth and you deposit it to to eigen layer to be restaked so you're earning two to two points
at once the next thing is to go to swell and instead of buying this the eth to put into eigen layer
you buy the token directly from swell which is representing your current position it's just liquid
it's still in your in your actual pocket right and then you take that and you deposit it to a
d5 protocol and that's that's my current position i have a um some eth that i bought that was swell
eth and deposit that in eigen layer so i get both of those the next thing which i just did i just
made a big move into is to go to swell by r sweat r sweep which is restaked swell eth and take that
and deposit it into an lp which is made up of all three protocols so i have r r swell eth took that
and deposited into a pool that was swell eth ether phi restaked eth and renzo refi restaked eth
and that pool i earn the fees on i earn points from all three protocols i earn eigen layer points
and and then you just sit on eth the whole time now there is the risk there but it's they're all
juicing it like crazy because they're all trying to become the lido of the the restaked narrative
things whatever but i wrote a guide on it like last week so just show people what you can actually do
but yeah they're all everyone's trying to farm like juice everything with incentives right now
to become the the big thing and that's that's what your next move would be if you wanted to move up
the stack this isn't going to end well this doesn't even this doesn't even count like eigen
layer is not even fucking live we're gonna like there's no slashing conditions right now because
there's like eigen layer is not live eventually this shit's gonna happen and the the actual protocol
of eigen layer is gonna have abs has come live and they can fuck up and get slashed which means
people opting into all these additional yield things like yeah i think we said this last time
like we're all just we're all trying to ride the ride and get off before it gets too fucking crazy
like this is all the you know we're still a couple levels from it but it's coming for sure
and it's all just what does it look like when it crashes bread like what does it look like bro
like is this like a 3-3 on frintech where it just collapses the whole fucking protocol
when everybody starts restaking and unstaking like what does it look like it won't yeah i mean it
won't collapse the protocol but it will it will be scary for a lot of people because again like
we it's it's a protocol for people to like if you would do it like a video game right it's like
you're spinning up fucking um you're spinning up fucking what's the fus rada one the fucking uh
oblivion whatever um you're spinning up a pc game right you have your normal base game it's all nice
and cool you're going around you're fighting monsters and shit but then you keep buying these
fucking mods right because like oh well now i want my head to be big i want it to whenever i shoot
this dude his head pops and you know party confetti comes out whatever minor shit each one
of those things represents a little bit additional yield inside of icon there and what's going to
happen is people are just going to continue like continue to opt into these additional things
that juice your yields just a little bit more until they get to a point where they're actually
opting into a lot of fucking risk because anything can be built inside like it's literally anything
it's just a it's a security market so it's going to be the same thing that you see online where
people are playing oblivion or you know skyrim whatever and they got thomas the tank engine
flying around like a dragon crashing into bigfoot that does like a whatever thing it's like it just
crashes the fucking game that game crashing moment when there's so many mods plugged into
this fucking thing is going to be a huge slashing event where someone or a large amount of eth
has opted into a lot of additional risk for additional yield they eventually get slashed
and it jeopardizes the security of the chain it's the same reason that the ethereum foundation was
talking about nerfing eigenlayer before it even went live is because it's like it's it's an unknown
territory that is infinite and what can actually happen just like mev was mev wasn't like a
unthought-of thing when ethereum came came around it just kind of developed as a market over time
and opened up a whole world of of shit fuckery but it's an entire market and it's good for the
chain overall i think but because it's not good or bad it's just kind of agnostic thing that's kind
of what they're they're worried about here they they're opening up a can of worms for something
that they don't know the outcomes of and there's going to be some fucked up shit like jared from
subway like thrashing people for years on end for you know tens of millions of dollars but it's
going to be an eigenlayer flavor so yeah like that's what's going to happen big slashing event
everyone gets scared protocol guys people pull their money out everyone freaks out but then
eventually like whatever returns to normal yeah and i'll kind of wrap this up yeah just i'm just
saying all these layer twos are using eigenlayer staking power to like power their network so if
everybody on stakes then those layer twos that built on top of it failed too don't they bread
and then we can just want to confirm that is that true like it's more like for the data availability
stuff because aren't we using the stake the staking power of eigenlayer like layer twos would have to
stake their coins to kind of validate the chain now they're just using eigenlayer staking power
to validate their chains right uh no not exactly so like they're like layer twos don't stake
shit like they don't have to because staking is used for consensus on on l1 that's all separate
layer twos all that like they fucking run a giant fucking machine that's the sequencer
sequences all transaction and commits a transaction down to the l1 like they don't do any staking
validating whatever the interactions you're thinking of with like eigenlayer and eigenda
is that eigenda will be a service that is built on top of eigenlayer that some of the validators
on ethereum actually use and some l2s will will send one transaction to eigenda to store data
and one transaction to ethereum to actually post a proof that they stored the data on eigenda
and if the people that like if eigenda fucks up that service fucks up and those people get slashed
like yeah i can cause them some jitter but i wouldn't say like that huge that's hugely
risky the huge risky thing is that there's a huge chunk of ethereum that will be staked not only to
validating ethereum but also to providing services on top of eigenlayer one of them being eigenda but
it'll be oracles it'll be entire some l2s for sure and if those things fuck up then it can slash
a huge amount of ethereum and kind of knock knock uh consensus off for a little bit on on ethereum
layer one yeah yeah i see that well it's pretty technical conversation so if you guys buried with
us and you learned something about the bread coming up here talking about it with me i'm pretty much
the only one that talks to eigenlayer every day so it's nice to have him here too chief go ahead
man and i did not know it was gonna snow this much today bro i did not wake up thinking bro this is
wild isn't it i cannot see and like what the fuck bro i didn't i did not this wasn't on the bingo
card today i would have dressed warmer i just thought it was gonna be some flurries and over
by 12 it's literally go to the gym and that's yeah i might have to call an audible yeah audible this
bitch it's good i'm fucking distracted out here with all this snow in my eye yeah you're good
you just need to make sure you're eight layers deep in eigenlayer and you'll be able to see
through the snow uh pinned up top parallel's newest update it looks really smooth i know
that a lot of people were super in love with the game when it first came well it's been around for
two years so not when it first came out but when they had this last run for you know this two or
three months ago uh the parallel actual game the avatars everything was running and the company
itself its token was doing really well right as the premiere web 3 kind of tcg so newest update
looks really smooth um i never really got into it just because i mean i guess i'm smooth brined and
i didn't understand the gameplay at all uh but if you are into it continual developments up top
it's looking nice man and it's definitely one of the the contenders right for web 3 gaming if not
the biggest one for now at least so there's that next uh expresso i know you saw this my man and
this is probably going to add a little bit of value now that you got okx and the actual liquidity
market coming in uh but okx web 3 wallet and doge labs pair together so now you're going to be able
to access the liquidity from okx and kind of all of asia and whatnot uh to trade and access your
dogeinals and more or less interact and participate on that side so i mean are you still writing all
your positions dude oh yeah i still got like four or five of my doge maps and oh yeah that's it
yeah because very doge labs um we talked about this in the past where when they uh what got
doge got listed on gate.io very doge labs is the api that all these other
marketplaces are using to track the prices of the tokens uh so seeing this doesn't surprise me that
very doge labs involve this because that's what everybody's using to you know track prices and
stuff for dogeinals so makes sense i'm looking forward to the dogeinal kind of uh narrative
heating up um once we get massive onboarding on ordinals and fees become too high obviously
you know people have been talking about layer twos recently bitcoin layer twos i actually think
dogeinals will be a better onboarding experience than trying to figure out a layer too so i i still
think that's the narrative we just got to wait till we get a lot more people here and v-bites
are insane and then people are going to move to other chains that are you know these these are
cheaper you know it doesn't cost you a fortune to you know put stuff on chain and like you put
even more on chain on doge like you put videos on there and shit so i'm looking forward to it and i
haven't touched my position you know you got to be bullish before everybody's bullish and uh i've
been bullish for a while and i'm just sitting here and just sitting on my positions and i'm hoping
it takes off similar to you know people talk about the generational wealth people bought bitcoin
frocks for 30 like i kind of see that with dogeinals with like frunks and these other
collections like i think that if you sit long enough we wait till um you know june july i feel
like a lot of my positions will you know five six x and maybe i get a one of those generational
you know buys where i have like 30 of these frunks and they're a thousand dollars a piece and
that's what you've been buying frunks yeah i got like 22 frunks are you serious yeah i bought like
a lot of them that's for six dollars yeah yeah i remember when you were calling them but i didn't
know you had like damn you over here doge whale dude i have 145 doge maps uh i mean uh yeah i
guess that's pretty wally um i think they're worth like two bucks though but they i mean dot um the
the dev or the founder behind fronks uh they've air dropped this token or this new nft called dot
dev uh to like people inside the discord i think there's only like 120 of them these dot dev
fronks are like 500 a piece which is crazy i'm like i didn't even get one so they're basically
doing this new thing with dot dev where if you have 10 fronks in your wallet you get air dropped
uh another nft i was like bro do i need to split up my fucking fronks in other ones like
no we have uh intern that can count wallets so it looks like if you do hold more than 10 fronks in
your wallet you're gonna get an airdrop of another nft or ordinal in your wallet soon so
damn it's super like that they're just fun the fronks are original art it's not it's the first
like non-derivative kind of copy from ordinals and they have a pretty strong team i know some of the
people in our uh space have fronks i know zach he hosts a community space so if you're looking
to a strong community over on dogeinals that uh yeah i think fronks are probably one of the
strongest ones they meme really well the founder's pretty active and they're they're kind of
innovating a little bit so something else happened on doge today too that wasn't okx it was uh
something with hub and doge dogeinals hub i think it's like people are trying to build like layer
twos on doge already did you hear like there's already a conversation with doge maxis that
dogeinals are spam and that it's clogging up the blockchain like they're already having that
narrative over on dogeinals i didn't even know there's doge maxis that cared about the network
that much but they're trying to create layer twos based off this fucking spam on dogecoin now
but you can't say what about the children anymore so like who are you gonna get who are you advocating
to let the network be free for i guess that people consider dogecoin more of a currency
right and so if we want mass adoption we can't have this dogecoin network uh clogged up with these
dogeinals that are making the transactions uh a dollar instead of you know half a cent so i
there's yeah it's hard in the conversations that happened on ordinals happens on dogeinals like
three months later we already had this conversation right with dogecoin like it's spam
we need layer twos so yeah it's already happened over there uh what was and you're talking about
that so i pinned up the dogeinals hub yeah it's dbit that's like the sats it's one of the drc20s
that came out recently everybody's talking about it but you can check out the ddecs but yeah
sanford tokyo's coming to magic heat and there's like six or seven projects that are going to do
this like mint to reward thing on magic heat and next week yeah i don't know if it's the well yeah
they get the mint to reward and like internally for them um i'm going to post this up sanford
tokyo i know this is something that we've all kind of just been waiting for a lot of people
had participated in the original tickets and whatnot so it's slated for the 29th
so 329 24 so a little bit over a month away studio pass snapshot occurs march 27th
visions airdrop march 28th the mint the 29th so you have until two days before mint to actually
wait and accumulate your studio pass if you're waiting for that uh distribution will be 400 to
the treasury 2k to get airdrop uh discount will be 3000 where will be available at a discount
at 0.03 allow list is 0.12 first come first serve with only 2600 public is 0.12 same thing as allow
list uh for the remaining of the supply did you get an email or did you get a dm from someone
yesterday talking about new project
what you didn't get a dm yesterday someone talking about their new project they're
talking about offline but someone that's a community member in our spaces is launching
the new token our new nft and they're going to be launching on magic even i was like smart move
bro wait to launch your nft and when royalties are enforced you fucking gripped her i'm just
but yeah i mean a lot of things are watching on magic and what were the what are the projects
that were going to be on magic eden uh it was it was shippers osf ringa scapes anti-gen
crypto ninja partners planet mojo okay dogs and thank ux obviously it's the artists the artist
led projects ip projects are the one that are one royalty the most so obviously they're the first
ones up right so it'd be interesting to see what all comes out from this maybe that's where the
pocket shippers are going to be remember we're going to look at these pocket shippers maybe
those are going to be the one we'd be able to buy on magic eden i wouldn't be i wouldn't mind buying
one of those i like those the ones that he was doing honoraries for yeah yeah i think those are
going to be included i mean what that would make sense right yeah be included in this little magic
eden drop it might be like an open edition or something or maybe it's a limited supply of a
thousand or some shit i don't know but pocket shippers i mean looking into those but uh i think
we're wrapping up a little bit it's snowing like a mf'er out here i cannot believe it it was 60
degrees two days ago and i'm being punished with fucking snow in my eyeballs so we're gonna wrap it
up i'm gonna get back and try to concentrate on these roads uh it's a bit slippery so appreciate
you guys and uh our show tomorrow starts at 10 30 but chief's gonna talk about all that i don't
know why i'm saying it but i'm gonna i'm gonna tap out i'm gonna log out and i'm gonna concentrate
and you guys have a great rest of your day we'll see you tomorrow yeah i appreciate everyone for
coming out man i appreciate you guys for tuning in with noti's on uh supporting the space when
with the likes the retweets uh alison's thread as well uh we've been having a couple issues
with just the the thread recaps um so we're gonna cool down on those for the the remainder of the
week or so see how we're looking on monday and uh see if we start back up on tuesday again so
any of the information that you want up top will not be included in the recap
for now so if you guys want to go back in the space or go through a bookmark up for now um
other than that guys the tda is sponsored by i'm so i'm so is a cross chain infrastructure between
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