THE DAILY ALPHA πŸ₯·

Recorded: Feb. 22, 2024 Duration: 2:15:21

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what's up what's up what's up welcome to the daily alpha we run the space tuesday
with your soul you guys know that 9 45 to about 12 so appreciate y'all thanks for the people
listening to a recording thanks for tuning in thanks for having no questions on thanks for
liking retweeting the space thanks for showing up guys means a lot so hey don't you there
yeah bro i'm here i'm just getting set up grabbing the sponsor reading everything
serious serious sir did you have any issues with your phone this morning
nah all the helium trap phones were a1 and bussing so there you go product market fit
when cell phone towers and atnt and verizon don't work you can always rely on decentralized
data story or was it decentralized mesh network where yeah where you can actually use your cell
phone by uh hooking up to helium i would be curious of what though i know that we had the
coinbase listing yesterday and that's why the price kind of pumped i would be curious of like
what the price would have done today if there was no coinbase listing based off this news right
because this kind of like shows use case real life use case of why you would use helium in times
like this right i would be interested in see how if the price would have moved pretty drastically
because of this cell phone out in like america it's definitely interesting to look at and um
yeah man that was i had uh it didn't affect me i think i had t mobile um but one of my drivers
came up to me and he's like do you understand technology well i'm like i guess yeah um he's like
my phone is in sos mode and i can't figure out i'm like i'm thinking that your phone is the data
won't work or the reception won't work because of this outage he's like oh really i didn't know
like yeah that's what i've heard i was like i'm pretty sure the only calls you can make right now
are to like the cops or to 911 because that's what sos was so some of the people in even my
pub uh phones weren't working that's wild that they could even do the cop ones because
a lot of people that i saw that had the issue with the outage couldn't even make cop calls and
that's what made it scary like it's i mean it's one thing for you to have network outage
all right but if you can stop people from making like cop calls or 911 or emergency ones
then that becomes an actual like issue like a security threat you know yeah people are saying
this could possibly be uh some kind of i don't know yeah that's what i'm saying that's sort of
yeah the news that i had you know was that i saw was that that it was some type of threat because
of the fact you couldn't make 911 calls you know if you just were the network was down the network's
down kind of thing yeah it's uh it was uh all at the same time multiple but yeah the fact that you
couldn't call the cops bro that's what i guess scared people because i mean you can technically
do that at any point right so real quick let's just uh go through this and kind of get some
housekeeping done um so first and foremost we don't have threat from allison that'll be starting
up by the end of the week again so y'all be on the lookout for that appreciate everyone that
does tune into the recordings tda is sponsored by imso imso is a cross-chain interoperable
infrastructure built between bitcoin and salana it's powered by the evolve token that you can
find on the bird eye app currently chris has a couple giveaways and a couple things going on
for now you can uh record yourself playing the endless runner make sure you submit all your
information and you're entered into a raffle there's also bonk that you can earn while playing
the game and he's continuously adding six different mini games in these upcoming weeks so shout out
to chris for sponsoring the tda yeah shout out to chris shout out to chris um i have to get a
signature here and then probably like two stops for now i have like a big bulk stop that's good
to a restaurant so i'm gonna have to you know kind of be in and out here for the first five to
ten minutes just because of that so you want to throw it to ash say what's up to ash and then we
can go and maybe you can talk about something then we'll get into uh alpha and the big picture
and shit like that so go ahead what up ash yo morning it's not alpha related so i just
wait to fill the gap wait you want to chat about it now chief yeah it doesn't matter go ahead
all right dude so like can you tell me like i didn't i didn't get it so like it okay for the
audience the question was um if the art is inscribed on chain uh with ordinals how does
it stay unrevealed till the devs decide to reveal the art because theoretically if it's on chain
anyone should see it or be able to reconstruct it so that's what that's what i was confused
about so that's what chief is trying to make me understand yeah so since you um a couple things
right there's a couple i guess different ways of doing it for one uh the whole dynamic ordinals
right or something that now exists based off of recursion um so you can just change the pointer
that it's recursively pointing to in a sense so that's one and then secondly and i guess the the
correct way in my opinion is doing it all on chain so you set a placeholder so to speak right
or something that we're traditionally used to um and then you say after block you know whatever
uh 9 9 9 9 9 9 change into the actual or or remove this later does that make sense so they set it on
chain based off of the future right so if um per day i think we get what um let me see
each block is 10 minutes roughly so we're hitting about 140 blocks right uh i mean longer days um so
or maybe getting about 130 so you could say hey in 600 blocks reveal the image so to speak
does that make sense ash yeah yeah i got that part but i like i thought the the art is like
inscribed on a satoshi so how's still there is it is it then pointing to another satoshi and
sending the same point back to your or something yes or whenever it says no but but there's two
different ways there is that way that you're saying that it's pointing to a different satoshi
through recursion or if you set it through block height it basically executes the next level of
code which then updates off of that block height so when that block height comes right it basically
transitions into the next stage of the updating the metadata or the actual artwork
interesting so the metadata and ordinals aren't frozen they they can be updated like they're
dynamic metadata no like you can make them dynamic there don't none of this comes by default
you have to go in there and code all of this stuff yourself that's that's the thing like none of this
is just cuts this is if you want to go set a delayed effect you can do it by block height
if you want to do delayed you can do it by re-inscribing a recursion pointer like there's
different methods and ways to do the delayed reveal if that makes sense but you have to physically
want to go in there and choose what method you want to use that's why i said to me the block
height one makes sense because it just continues to execute the same thing that you inscribed
originally it just progresses as bitcoin progresses right versus the other one is you
going inside and you recursively pointing it somewhere else through either a re-inscription
or something like that i think i got it kind of sounds meta but thanks for explaining dude
i appreciate you so we got chief man he's a fucking expert he breaks down pretty much anything
on bitcoin man he's a fucking jeep ain't that what what was the phase that common ears used
was that like because that was kind of a reveal right where we all inscribed on an uncommon set
and then it was probably five days later and then they connected the JSONs to the image and then we
got our reveal so that was kind of like a reveal process a little bit yeah and then on top of that
too i mean it all is based off of the intricacies that you want to do right i mean you can attach
metadata and actually attach a file of metadata right when you're inscribing or you can just write
it directly onto the image um you know there's just so many intricacies when it comes to bitcoin
that there is no one size fits all right and it's not this is the only way to do it or this is how
it's done because that's what they're trying to break here is that mold like everyone is trying
to know well yes i used the base of that but and then i did this and i'm the first one to do
the three-headed goblin hybrid monster you know and you're like all right cool
yeah you are the first and another one grabs that and then he adds another piece and he's the first
to do whatever that guy four-headed yeah and that's just how it goes you know so it's it's
in a sense a lot of different ways you can go through it so yeah i'm with you that that with
that it got kind of sickening after a while but uh yeah no i appreciate you explaining that
serious sir i'm about to go deliver these in this restaurant both say what's up the
loo we've got bongo up here in trill what a blue hanging out before your show appreciate you bro
what's up man how you doing dude i'm just chilling coming in here gotta get some real alphas frisk
says uh you know just chilling bubbing having a good time i was kind of listening to this and i
was thinking i'm like damn like mutable metadata on bitcoin why the fuck wouldn't you just do that
you're not salona but you know it is what it is uh i do understand like just the historic aspect
of it but it's weird you know like you talk we talk about like inscribing things on bitcoin to
like keep it there the mutability aspect i don't know i need to learn more i'm still just like deep
diving into ordinals over the past couple months dude your voice completely goes with your psp
sorry chief go ahead no i was just gonna say i guess it's because when you start looking at
because bitcoin can execute code right we have to remove the idea of because we see an image it's
automatically generated from a png or a jpeg does that make sense and so that's the biggest i guess
uh mental shift that we have to see is that sometimes these codes are actually generating
the image so the code could have things that that have nothing to do with the image you know what
i'm saying and that as the code progresses down it's it's code right it's life cycle the image
then gets updated because the code is now doing different things that were meant to execute
five years from now or 50 lines down the command line so okay it gets so is it program
chief is this like programmable nft is this like fucking xnft is on bitcoin essentially what you're
saying yeah that's that's why the beauty of that's why the devs and everyone fell in love with
ordinals because you can literally it can write and take a command line so you can do anything
and and and have fun with it and go full-blown like generative if you want to base all these
like inputs off of bitcoin or not and that's how they were able to put the games right because you
can resource and kind of reference now right build in the sense of computer on chain and through
recursion reference every single part of it and then compile it on a command line and then what
is this what trepper did how he got that s nes thing on to ordinals like inscribing that
kind of yes right he he in a sense grabbed and referenced you know a a rom or or basically an
emulator uh either compressed it down inscribed it on there and then he like calls to different
parts of the emulator to be able to play from so once again it's like i don't know specific i
didn't read his get book um to know exactly the the way he did it but it's just that that's the
cool thing about bitcoin is because it runs like a just a computer and a command line if you can
execute it on a computer um you have the biggest computing power at your resource which is bitcoin
and the world and so that's why people get like hard ons of oh i can fucking do all of this and
use bitcoin's power to you know be the one to process this shit so if you got a brain that big
this is your playground that makes more sense so like the the art is actually generated through
svg's or something as the code is like getting executed some that's what i'm trying to say
nothing that we say in here is this is what it is yes right but you can like ask for it to fetch a
png later like it's basically like waiting there for a certain blog it's like if this blog came
go fetch yes whatever file is in this place yes that makes more sense because that was like
otherwise like how on earth like x is saying espresso saying you minted something and then
later like you like the image has got up later i was like well does that mean that anyone can
inscribe anything on any it's sad so like he's like if i buy a note from you can you still like
inscribe something onto it like or is it just the owner that can like no no you can reference
anything that's on the blockchain and inscribe and use that as a base it doesn't you don't have
to you don't own i mean it's just there it's not official right because it's not indexed but it's
official in your heart and your eyes i mean it's not official maybe to the node monks
but if you want to go and you find a node monk that you'd like and you say hey this is going to be
the parent for whatever right or or however you're going to do you're going to have a hard
time doing parent child because you need the parent actually your inscription but you can
reference pieces of it you can recursively call to grab that node monk and remix it so all of this
stuff kind of is just it's literally permissionless i can go grab bongo's pfp graffiti on top of it
and just inscribe it again and it'll be floating with bongo's pfp and graffiti on top cool so what
is the register that that is like the official one there isn't that's the that's the beauty that
the well the only official register i would say would be casey's right and then from there everyone
else has copies of the the old client um on their own nodes right and now it's to the point where
ordinals are big enough um that it's i mean even if quote unquote casey's is not there there's
enough nodes in circulation to keep the network up and going um but the thing about ordinals is
their marketplace and and kind of individually indexed right so you have to have access to like
magic eden's indexer and unisat's indexer and you know each one has in a sense technically their
own specialty right like unisat's is more for tokens and new meta protocols right brc20s and
then you have magic eden who's trying to do the digital artifacts and then like the nft site so
but you submit right so if i inscribe something on gamma it's not going to show up on magic eden
as my collection until i hit up magic eden and say hey sats between these numbers are mine and
they're a part of this collection and then magic eden goes and then it'll claim that range of sats
and say hey this is uh chief's collection for xyz so that's the biggest difference here is you have
to reach out and you have to connect all these dots yourself because it doesn't there's no oracle
system um to kind of automatically update it across interesting yo thanks it's very technical
and that's why i feel like sometimes that's okay to do these every once around because we assume
that people understand all this and i'm still learning like i learned to listen to that and
i've been you know we've been building bitcoin since like may so i think that it's good that
we have chief up here and just kind of refresh and and you know teach a little bit more about
how all this stuff works because ordinals i mean obviously is taking flight um you know prices are
going up you know collections of all size on ordinals are going up in price so i think it's
good to refresh this but we don't want to spend too much time on it right like we want to we want
to move on and get to the office so i'm going to throw the bongo and then we'll get into our first
topic to add bongo what's up brother yo gm gm loving the combo uh just a quick thing that hit
my radar this morning um wealth market a place where you can sell kind of like points and tokens
before they drop dog the smoothest 100x of our life was just in our face for the past two months
yeah and we faded that shed we are we're morons um they just added camino camino is one of the
platforms in which people are farming the mode most now in solana and you can basically uh lend
usdc and earn points and you can go ahead now and sell it for actual money in wealth market
if anyone is interested in uh interested in a play like that it's a good way to hedge your
uh investment i guess bongo what are they trading at i'm not sure they just add it but keep in mind
that in order to sell your tokens you have to put a collateral in the platform whatever you're
selling you have to let it in but at least you can log that money for uh the future error that they
will have it's kind of risky because you never know when the airdrop is going to happen but um
it's used more options to consumers here dude whale's market was just one of the most obvious
plays like and i just feel stupid for not doing that one as we're like going into airdrop season
in so much speculation it just made so much sense and i just like i should have left curved that one
a lot harder they have utility with their token loose where if you've uh you stake whales token
you get 20 percent of all the fees that are performed on oh dude it's great it's like i
feel like such an idiot i looked into it after the fact like once because i saw that shit like
four cents five cents and then i saw it like a dollar fifty and then once i realized just how
it just makes sense you know it's good tokenomics so avo avo is a tokenless one so if you are bullish
on this kind of meta avo avo we talked about it is a layer two it used to be ribbon finance
it's rebranding to avo they do the same thing as well as market and you can trade and sell tokens
pre pre-market and using the platform will get generate transactions and then they'll they're
going to airdrop their token and ribbon finance was a big airdrop and they're backed by paradigm
so they have elite market makers so if you are bullish on that narrative of pre-market
marketplaces uh avo doesn't have a token and you can use that platform and possibly get a token so
a dude that's xyz is it so no i hear paradigm i think ponzi like well you should bro so get
in early bro that's that's the point get in early when you hear paradigm it's like it just saves an
airdrop that wasn't backed by a paradigm and you got a hundred bucks off an airdrop
the fact that it's backed by paradigm five x's that airdrop because they don't fuck around they
got market makers on market makers so that hundred dollars because paradigm is it'll be
five hundred dollars wasn't frentech backed by paradigm yep yep yep and i'm sure frentech
fucking points will be a win yeah well you you can probably be like portal again bro which will
be fucking max pain like i don't know dude i'm glad that i even got portal muted because i don't
even got to see these fucking dubs because they're big bro like holy shit they're big yeah so
wait hold on because i don't even know how to claim that shit i'm like scared to go to any of
these websites because i don't know because i fucking farmed the fuck out of that shit for the
24 hours that everyone did that do i have tokens i can get yeah you have you have points they're
not tokens but that's how you perform on these marketplaces you put that wallet that has those
points in escrow and then those people can buy those points in that wallet and when the points
are distributed that's when the i guess the unlock happens and the person that bought those actually
get the points and take that out escrow when the points are distributed no no hey he's talking
about portal coin bro oh portal coin oh you're talking about point oh yeah i was thinking i'm
talking about frentech points for a second my bad i'm getting all fucking out of out of proportion
yeah but then they said their tgs on the 29th yeah portal coin has already been live and trading
for uh angels and uh pre-sale investors um you can go on the actual platform and the the portal i
guess i mean for lack of a better word uh and check your allocation uh i've seen a bunch of
screenshots a bunch of homies that i know that were you know heavily farming that shit um and
it's you know they for now can see their pre-sale their public round and their angel round
investments you can't see what you farmed um from on the timeline yet so it's just like actual people
that put money in and then it's gonna you know get to i think the 29th like x was saying at the end
of the month it'll be the farmers like from from twitter and shit so but it's uh currently trading
at 35 times uh the angel price and 15 times the uh public sale price so it's nuts it's nuts and i
guess the big news is was novidia yesterday i told you after the show that novidia earnings are
coming around around 320 and based off the earnings is going to determine if the ai narrative pumps
or dumps well earnings came out really fucking good like novidia reported 2.2 billion in revenue
in q4 20 are 7 higher than expectations so a little some tdl tldr on it or too long didn't
read and novidia's uh says the ban still far exceeds supply for its products conditions are
excellent for continued growth into 2025 novidia spent 9.2 billion in cash on share buybacks data
center revenue of 18.4 billion is a new record and above expectations and novidia has not received
a license to ship restricted chips to china and started to ship alternatives to china market in
small volumes novidia crushed already high expectations and uh market opened and novidia
went to all-time high it's at a 2 trillion dollar market cap which is just below i think google
and apple which is absolutely fucking insane and now all the ai coins are pumping of such ai
is back up we have render back up grt the graph is up agix up 44 like i was telling you guys like
if you are had a longer short position you had an ai if you just longer shorted that news you would
be up and look at it i mean you would have been up 44 just on agx if you would have found that
perpetual somewhere so that was an easy play i belonged to render and uh that's pretty nice
today too so i drift protocol i was looking at drift i'm like all right what's an ai coin here
oh render is good enough so i longed that and uh i closed it this morning after i saw the fucking
crazy uh pump on the video i think i had made i think i had like a 4x leverage on there i'm not
degenerate i think i made like 55 or something on it which was like a clean like five or six x so
that was that was a nice play and you could have you could have came on board too but yeah this uh
zai nair is just heating up um i think my only ai coin i think you guys should all have at least
one ai coin it was fetch fetch day at 8.ai hit an all-time high today and um it's on don't say that
bro i'm literally i'm getting 2021 flashbacks like i don't even want to know how much i don't even
want to know how much it is i might throw up like a dollar 18 which it was at 60 cents this time
it was at 66 just this uh this time last week so it's up like 78 percent in the week and um
something that it's part of the cosmos ecosystem it's a layer one and we just saw like bit tensor
is the leader here and they just started having people build daps on top of uh bit tensor and uh
i think that's gonna do the same thing where it's a layer one and they're gonna have daps built on
top of it that use their ai agents and similar to everything in cosmos if you stake and people
launch stuff on that chain you're probably gonna get the token for free so i think it's probably
a pretty beneficial if you are looking for one like the stake and earn rewards like we've been
doing i think fetch ai might be a smart one to do not a lot of people talk about it not even people
even know it's a layer one people don't even know there's a fucking wallet you can stake in so i
think it's not a crowded trade and when those daps get start building on fetch ai i think that uh
fetch holders and stakers will be rewarded those tokens so i think that's the alpha right there
is to get some fetch iron stake it and just wait and be patient so go ahead luke yeah dude uh you
as just as we're talking about in video i just want to like kind of bring up some tech news that
we also saw um amd and wormhole just announced a partnership and like guys this ai narrative is
about to go fucking crazy let me fucking tell you uh expresser you're hitting the nail on the head i
need to fucking stop going to the gym in the morning and showing up here and just being part
of these conversations it'll help pry me up uh but dude yeah i don't know i'm just excited to see
where this is all going see more like mainstream tech companies get involved in the crypto side of
things we deep and take it off it's just exciting man i'm hyped as bullish i am on ai just know that
if these ai companies were worth the shit they would ipo and go public so as much as we're bullish
on this narrative don't get caught holding the bag i think this narrative you know lasts long
and i think as long as nvidia stays in the top five a total market cap of all of all market caps
of uh the stock market and naz that i think this will continue but like if fetch ai was that great
don't you think they would be going the same route in nvidia so the fact that they're in web3
makes me think i'm not as confident that these are something that might uh sustain the whole
cycle so you know moving in now well i was like with one of the things with the ai is i mean
the more that i kind of look into that sector as a whole and and just more of a long-term investment
right like thesis and route um you know looking into the d-pen right i'm really looking into ai
just due to the d-pen aspect of it and it's just interesting is how a lot of these d-pen we you
know at least myself you know i had the idea of oh we're selling data for xyz or targeted marketing
or you know distribution avenues and routes when in reality um those are being used to train ai
models as well right i mean you guys could literally go on hivemapper.com and be an ai
trainer for street signs for speed limits for you know hazards for street cones for hey is this a
actual you know damage in the road is it not is this a cop and so that's one of the things that
i feel like that fragmentation of where you can source your information and the lack of copyright
rules and regulations in ai are going to cause for a lot of i think uh just market share fragmentation
right because if i want to get access to let's just say street metrics i'm not forced to let
use fetch ai's coin and then go buy whatever it is right or you know what i'm trying to say
like the connections that were there because you had only one way in or out due to the lack of
copyright rules and the fact that so many different people are in a sense feeding and
farming ai through millions of different ways for their own kind of thing it's it's the chain link
it's what connects all these different kind of dapps to an oracle system and then whoever we can
pay that guy that's that's the winner there you know so i don't know kind of interested in the
chain link of ai dapps because i'm just realizing that everyone's farming mainly for ai information
not necessarily for targeted marketing or anything else so yeah i think deep in finding the deep in
ai combination will be a big one we were talking yesterday if all this if all this ai and you need
you know storage to train these models decentralized uh storage it's going to be huge and that's what
i mean that's a perfect product market fit in crypto we really have that like akash network does that
render does that so that the fact those are deep in projects that are integrating into ai and trying
to help ai is good and then you're also going to have other other people pivot and change their
roadmaps into ai and i i don't know if this is true or like i just noticed this and i haven't
been on the home page is grass grass i went on their website today and i think they they changed
they said they're the first thing they say i don't think i said earn a stake in the ai revolution
get paid for your unused internet i don't remember them saying anything about an ai revolution so
they're even pivoting kind of they've been doing that for a while yeah so basically they lend out
your bandwidth your internet bandwidth to allow ai models um just think of like hashing power
right for for their equations their questions or anything like that so if you're an ai model you
got a question you don't know how to answer you don't know what to do if you you're running a
million different models and they need to access internet for somewhere or they need to access
just kind of data they can oh this guy right here has a little bit we can go here pull figure it out
so it's in that sense you're lending out the leftover internet bandwidth that you have
for them to use as either computing power or to machine learn from yep yep yep and like there's
not enough gpu's out so what is the best thing to do for all these ai companies are the storage is
the the source this computing power from other people that have excess of it so i definitely
think decentralized file storage is going to be a hot narrative and it's also a deep end narrative so
you know akash render and there's a few other ones that i've been looking at so i think those
are good if you are into deepen and maybe even get in an akash node might be beneficial too so i
don't know that's just my thought but let's start the tout and then let's move on what up tout yo
gmog bro yeah um i'm not bullish i'm not gmog loose i'm not bullish on the uh what do you call
it internet thing just because like dude fuck that like it's gonna throttle the fuck out of your
internet and they're gonna end up like you're gonna end up out of data and you're gonna i don't
know whatever that's a whole other conversation i see that golem i don't know if you motherfuckers
were around in 2017 and 18 bro golem was like fucking like 30 cents not even two months ago
it's up to 80 cents right now which is pretty fucking bullish you know it's like it does
basically the same thing as render but um that aside like i wonder how much is left for fucking
and i'm more i err on the side like this shit can fucking keep running up just because the demand
for ai is just there like all this all this processing power and everybody needs all this
rendering and hash power and so on so forth with gpu's like how much more can it keep fucking going
up like they they basically don't have competition other than amd right and i had this conversation
with a friend of mine like dude like if ai is here to stay which it is then like there really
is no limit on what the fuck where nvidia can go like there's literally 100 demand 100 percent of
the time you know for now and and there's not a lot of people providing the same fucking products
that they do you know there's a couple like the futuristic movies the big tech company that's
eventually what nvidia's in trajectory to become bro the one that's it's the chips for the cars
the one that supplies the chips for for the for the robots the one you know what i'm saying like
it's going to be the main chip supplier for everything yeah that it's fucking crazy bro so
like it the reality is that i'm assuming most people on the stage that can talk or give a fuck
say that this shit's going to stay going up like like not saying financial advice i'm not telling
you to go put in some fucking options and futures on goddamn nvidia like whatever bro for me you
missed that bow like what what's the best they could do go back double double your money you
know if i buy like a single share and it goes up to 1600 i double my money i feel like i have
better opportunities with free capital and a lot of other the narrative pumps off any kind of
update on ai bro so like do you continue to see more and more updates from open ai and grok of
new things like this started pumping last week when we got the fucking store announcement so
every time there's a new development in ai all the crypto coins so i i'm betting that we're not
going to get any kind of ease in this news anytime soon so i don't know man i think this is a pretty
hot one and i think it's a new quote it's kind of a newer narrative we didn't have this narrative
i guess we did but it didn't really take off so definitely think this one is ripe to kind of lead
us uh this cycle i think ai blockchain could be like i know a lot of people are like what is
going to be the narrative for this cycle and a lot of people are saying ordinals a lot of people
are saying rwas i think maybe ai blockchain technology could be the leading uh narrative
because it's a it's one of the first times we had something that actually has a product market fit
in crypto well not only that too but it's facilitating a couple things that like i said the
the connections that we don't know right so um once again big into the d pen section right but
for example demo demo is something that you plug into your computer but the way that demo stays
online is through the helium network right and then helium is now tapping in and using theirs
to process ai because of demo because demo has ai agents to basically process and go through
their data so now you're having ai agents tap into helium so the cross of them and the crossover is
going to become i think a little bit more consistent to where thinking the easiest thing
to me the way it's looking right is is i picture like those old uh switchers you know from back in
like the 20s and the 30s of someone connecting the lines but instead of now having the human
connect the lines we're now having ai agents being the infrastructure and facilitating routes
right so not only is insurance like information going to get from point a to point b quicker
but it's going to be more precise it's going to be you know just in that sense more enhanced
infrastructure wise not necessarily just looking at ai as an individual industry so i think that
that crossover chain of making these things connect and using ai in the middle of that is
is a whole different field that i don't know a lot of people in my opinion aren't looking at right
they separate the two but just the more you look in the d pen and rwa you realize that the way that
this information is being processed isn't your traditional sql's or databases it's actually using
machine learning and training agents to tap into the blockchain and and use xyz extra because they
can do that you know it's fucking crazy i always like i always assume that the next thing that
would be that would come after ai which obviously is not over but would be quantum computing and i
was always like looking into how to fucking invest in quantum computing like whether it's a company
or a product or whatever it is and quantum computing uses qpu's not gpu's like quantum
processing units and i just found a fucking article that nvidia is working on integrating qpu's and
you know working on some type of product related to that like this shit can literally go up forever
not saying that's going to reflect in the stock price because that has like multiple facets to it
like you know all these fucking people putting projections projections on what they could do and
how much they're going to deliver it doesn't necessarily mean they can deliver on what the
projections are but it also doesn't mean that the amount that they're going to deliver on and sell
isn't going to be like extraordinary you know so holy fuck yeah i just saw this whole fucking qpu
thing god fucking damn it bro another fucking missed opportunity and now we got to find the
next big fucking thing what comes after ai um what comes after ai uh rwa's dude rwa's is ai it's just
like a fucking i personally think what decentralized file stores bro that's the next narrative bro
oh i'm trying to buy corn on chain what do you mean well like in rwa's how does it work we have
the layer one cycle everybody comes on layer ones it's like man layer ones are expensive then layer
two take off we see that with ethereum we see without bitcoin the same thing's happening ai
ai's gonna be like all right the ai narrative's popping well how do we how do we store all this
stuff for machine learning oh we need more access data so i think it's just the next phase like
okay ai's taking off well how do we continue this how do we continue building these agents well we
need a lot more data so these agents can learn from the data i think that's like the next layer
down is decentralized file storage so maybe that's what's after maybe it's file coin does
this file coin do you have an announcement partnership with amazon yet or did that not
is that not announced yet are we file file coin fucking akash fucking render these are all ones
that pump right after so i think that's going to be the next phase but uh real quick uh shared
something up to the top i mean it broke 20 minutes ago semi semi breaking news but um
nigeria i know that nigeria's i mean we've even seen uh their crypto kind of community and and
just kind of get bigger and bigger and adoption over there shit the jamba phone specializes in
nigeria which is fucking wild um and jamba just partnered with aptos for you know that crypto
based phone and that adoption anyway um bans the following crypto exchanges uh kraken
binance and coinbase which i mean those are the three biggest ones i don't know what you got left
especially on that side of the world i mean probably more of a smaller local ones
but yeah dude i don't know seems like they chose i mean the wrong side in the sense of
of how this is going to play out or or if they recant this decision i mean i don't know it just
broke a couple did you see what the european bank did the european central bank did
it yeah earlier similar good i mean it came out and and and basically said that bitcoin
i'll pin it up it's actually fucking nuts just imagine if just imagine a Jerome Powell and the
federal reserve came out and said this shit like this is crazy that they're doing it but they said
bitcoin has failed to become a global decentralized digital currency instead of failing victim to fraud
and manipulation the recent approval of the ehip doesn't change the fact that bitcoin is costly
slow and inconvenient argues the ecb like okay like was there ever any time that Satoshi said
this needs to be a decentralized digital currency i think we're getting there and and and instead
failing victim to fraud and manipulation didn't JP Morgan get like fined like 21 billion dollars
for manipulating fucking silver back in the day so like don't talk to me about this shit but i
just think it's fucking nuts that you have basically the federal reserve of europe coming
out and just throwing shade at bitcoin at this price this is crazy so and this is it's nothing
new like you see the tax and of course it's probably going to come to America eventually
we already seen Elizabeth Warren on her high horse but this isn't stopping bitcoin to going
all-time highs i don't know if you guys saw it this morning but due to inflation uh in other
countries there are 14 um countries that bitcoin hitting an all-time high so you have Argentina
all-time high Burundi all-time high Congo all-time high Egypt all-time high Ghana all-time high
Japan all-time high all these countries woke up today in bitcoin and their currency is at
an all-time high which is absolutely nuts and i think a lot of this has to do with the attack on
it um people dude it's 2024 if you still believe these whack ass redacted fucking articles that
they've been dropping since fucking 2017 like you're not going to make it i'm sorry bro like
if you're really getting scared of the fucking articles that the government is putting out like
like fuck off respectfully like literally go fuck yourself it's called the stricing effect
when you tell people they can't have something they go harder harder to get it so i think this
dude what do you think normies i mean normies are not even here yet bro which is which is crazy um
so real quick i got pinned up too i mean on valkyrie and talking about bitcoin i don't know
if you guys saw this but um we wanted higher you know we had chris preached you guys you guys are
dumb if you're not using leverage well two times leverage on futures etf of bitcoin now so
if any of the boomers are feeling a little bit risky you can go up to 2x and really get out get
out there so how are we how are we determining retails here or not i guess we uh we i saw a post
today where someone searched the halving uh on google trends and it's starting to go up a little
bit and people are kind of saying maybe retail already knows bitcoin so they're not searching
it so they're now searching why everybody's bullish on bitcoin it's the halving so the halving
is actually going up um in search terms and i guess coinbase downloads and i found this
uh telegram app that um helps you out do that so i'll pin it up it's called a t dot me slash
coinbase app rank it basically is a telegram bot that um tells you how many people have downloaded
the coinbase app on that day so i think this would be a good app to the kind of um determine if
retail is coming by uh this these downloads of this app so i'll pin it up there for you if you
guys want to um subscribe to it in your telegram i think it's pretty cool um the 21st this is app
ranked february 24th 8 a.m all apps 357 by on apm is at 379 so just yesterday we had 357 downloads
of the coinbase app which i think if we're gonna have alt season we're gonna need a lot more than
that a lot of the instant this is a lot of the fomo and a lot of the price action is basically
being done by institution and spot buying through these etfs we're not gonna have alt coin season
until we get retail here um because they're gonna be saying man i can't afford a bitcoin uh so i'm
gonna buy a thousand doge and small number theory is gonna pay off so i don't think we get this
parabolic bull run actually until retail gets here because those are the people are gonna buy
the alt coins and a lot of why this movement's happening right now is because a lot of people
are buying bitcoin so yeah we're probably not gonna get alt coin until we get this coinbase app
uh downloads up a little higher bro and it's funny because you if you look at the actual chart of
just um let's just say basic bubble chart right you have your alts bleeding uh in the last week
or so damn near to double digits uh percentages but and then you have bitcoin kind of riding strong
you got eth ripping you know and then in the timeline it's it's not the same bullish sentiment
of well bitcoin's holding steady we'll eat this hidden 3k it's a little less quiet or less rowdy
right a little bit more quiet now that although alteredly right which really shows that a lot of
us have uh heavy exposure right now and and it's predominant over the majors so yeah and i guess
the news of genesis too um basically being able to sell their grace 1.6 billion of their grayscale
so grayscale yesterday did a bit more selling and the etfs that purchased them didn't do as
much buying so we kind of we didn't have as much inflows as yesterday but also something that is
happening is miners are selling so i got this from bitcoin monger bitcoin miners had the most
aggressive sellers in 2024 and is likely the main cause of cell pressure since etf launch the good
news is their wallet balances are approaching hysterical loads now we should see the selling
abate soon and see them accumulate coins again so right before the having you have miners selling
because they have to purchase twice the amount of asics and probably twice the amount of like
warehouse space because they're trying to maintain the amount of profit they make so they have to
double their operations to maintain that profitability so they're selling their bitcoin
right now to buy more of those miners and more warehouse space so yeah so that's it that's
probably a reason why and i i think that a lot of people are saying this 51 000 mark is a big area
we need to hold um i mean if i don't know but i still think we're in a bullish posture and we broke
some key levels and i still think you know it's going to take some time but i still think you know
if you look at pre-havening we're 30 from all-time high which is the highest we've been uh to an
all-time high before the halving so we are breaking kind of models and a lot of people are basically
saying that we possibly hit all-time high even before the halving which the halving has always
been notoriously starting line for the bull market so i don't know maybe this mark maybe this one
this time's different as cringe as that sounds so we'll see go ahead i wanted to do like a major
you know like bam but you know you got the ear pods in it hurts respect uh eegan layer
there you go i mean that still hurts his ears regardless i know how to push the buttons
come on anyway um eegan layer a16z uh we're excited to announce that eegan labs the core
development team contributed in the eegan layer and eegan dao or da has raised the hundred million
from a16z crypto so i mean i i know you were bullish before on eegan layer i feel like this
is just uh the cherry on top you gotta be bullish before everybody's bullish my guy oh yeah he got
we were bullish before a16z on eegan layer and the best thing about this is none of you mother
fuckers can now say oh i got a signal now i'm gonna go buy it nope taps are fucking locked
and you guys can't get the fuck and that's what i was about to break down dude you had two chances
to get involved in this you had your your early kind of adopters when they opened up the pools
originally uh and then they waited about a month a month and a half opened up the pools i think
last week or the week before and they have since closed so if this is kind of a just rubbing salt
on the wound but a16z injecting a hundred million to support eegan layer build out an infrastructure
and i mean data availability is here to stay bro so all those people yeah yeah you got juiced up
i would say by i mean even if i was getting a penny i mean all my points are not worth the dime
and that's cool with me you know like that that's a small small incremental stacks so
that was a lot of a lot of people yeah i heard a lot of people are now kind of bull post a bull
posting alt layer um because of the um i guess roll up as a service that kind of uses eegan layer
and data availability from eegan layer so i got this from him it made me think of it seems as
alt has one to be centralized sequencer arrays with the restaking roll ups r a r a a s is roll
up as a service also seems to democratize and process the making networks this level accessibility
used to gate kept much more pat pick a stack and pick your da so a lot of people are now bull
posting alt layer uh now because of this so we'll see where it goes it i mean i'm excited now like
i i'm in athena i'm in eegan layer i'm restaking in celestia so data availability like you said
is continuing to go up and i saw wales market is now i guess we talked about that yesterday
but the shards are now on wales market so you are in athena and you're staking uh like this usde
for 27 yeah wales market you can sell it right there so athena athena shards are selling on
wales market one bro sold 50k shards at 0.004 a shard holding one naked usde gives you five shards
per day so two cents per day at that price equivalent of over 7 000 per cent apr so i don't
know bro you went full farmer this year i love it you got a lunch at a farmer i mean what are
nft's ash what are nft's you hold this nft that you spent i know it's hold it for free money
like it's basically just the same thing but i'm holding coins instead of a victor like okay i'm
i'm taking my thousand dollars in this while making more coins while i getting free coins
airdrop to me like uh four and eight did back in the day so i think it's pretty simple because
convincing them to like please use me as a distribution layer like i don't care if you
give me trash you know dump everything that you want to dump on me dump it because i'm gonna sift
through the trash one of these will be a banger and it took you know founders understanding that
that's their biggest asset is five thousand wallets ten thousand wallets with crypto in it
you don't have to do shit you just gotta show them hey you already got crypto you already can
sell this you can already trade this buy more do whatever you're ready to go and so that ability
it's now coming around to that ash so yeah dude now be a farmer because they realize that i'm a
crop so please farm me um another one that's been slept on dude is uh i'm gonna say it again
the jl people and then uh we'll kind of hit the hands and and just move it around but the jl
people on jupiter um it's the coin and the liquidity that funds degens perpetual trading habits
right so for you guys to understand they accept i mean you can buy it in five different currencies
right usdt usdc wrapped bitcoin east or so right and these are the currencies that they're
essentially going to expand out into their perpetuals platform i'm assuming but for now
that's the liquidity that's in the pool there's 171 million dollars in there the way this works is
every week they grab all the fees they take 70 of the fees from perp trading from either you winning
or losing trades and degens going and trading and they buy back their token the chart is literally
only up it doesn't do anything else every week they grab 70 of all the fees from that week
beforehand and buy the jlp token right and the token just goes up so once again you can go to
jupiter buy it directly there or just swap into some jlp token throw it in there and it's it's it's
up only literally the only way and just to kind of let's just be transparent um that we could in the
sense lose we because i got a shit ton of bread in here too lose our money is if for some god given
reason everyone hits all of their shorts or all of their longs at the same fucking time
like that's it that's the only way and i mean mathematically that's probably improbable but
we're never going to say just you can't say never especially in our space so that's the way it works
is if everyone manages to hit and it's like the whole everyone in the casino wins on their their
trades and they take all the casinos money at the same time if you don't think that's going to happen
then you can go be the casino and and go deposit some of your bread it's 143 percent apy so just
throwing out jlp i mean i've just been slowly stacking my money and it's not doing jack shit
but just watching people deejend their money away so yeah as long as sam fakman freed doquan
are in jail i don't know if everybody could hit the sell button at one time so we'll see um maybe
it'll be a new doquan a new spf this cycle that really fucks us in this restaking narrative
it can get scary it can get scary pretty quickly but let's go to gambler um and then we'll get
in we had pin up the mint list today it's a pretty busy day mints i know we got persona journey we
got some things with uh skyborn genesis we got a bunch so i'll go into that after uh wizards aboard
real quick just in case this goes along flux is minting right now and i mean i know you're
going to do the mint list but that's coming in 19 minutes so if before we hit the hands we get to
the mint schedule if you guys are on uh we had dario speak here on the tda i know we gave a little
bit of better allocation i know he's from uh super rare and other people are following it so if you're
on flux 19 minutes for the guaranteed white list side so go ahead x
or gambler go ahead man i saw steven's hand go up on the flux thing we can throw to him if you
wanted to add on that steven did you want to go first um i'm just gonna say one very very very
quick thing and then i yeah go ahead i'm happy to toss it back to gambler um if you are watching
this one it's either going to go very very fast and the price is going to rip or it's going to
go very slow for some like very behind the scenes bullshit that shouldn't matter um i am leaning
way in the direction of it's going to rip so just kind of gauge your temperature on that
but i think the mint the mint out happens pretty damn fast on this one i'm betting
it's 15 bro if you can buy you can and you don't want to waste 15 dollars i'll go waste my 15
dollars just let me know um appreciate that steven go ahead gambler yeah real quick i'm
gonna do my best to provide like a little update on the same side specifically the jpeg side so we
have say coming in at 84 cents today again down 15 from the top the recent top all-time top of a
dollar uh i also went ahead and screenshotted the top volume for jpegs on say and i'm gonna pin this
up just so folks can get a little bit of a visual um and kind of maybe for folks who are interested
to get an idea of what the top projects are that kind of helps when you hear four prices so
colony at 600 say again say is at 85 cents uh say in 690 we bump 1440 dobs down to 390
yaka capis so you could check that out uh there's a ton of mints going on today uh but one that i'm
looking at and i know a few people in this community are looking at is kunks dot say so
that's kunks uh q-u-n-k-s underscore say i just pinned up a rundown from a very trusted caller in
the safe side if you're looking for somebody you can follow on the safe side with noties on
to keep your finger on the pulse this is a good account to follow halibut crypto he's literally
a caller in multiple of these top from uh projects uh discords so um again the the ecosystem isn't
that big so when you have money moving it you know and influential folks sometimes it's good
to pay attention so uh kunks dot say or kunks underscore say 3k three thousand three hundred
and thirty three supply uh public is going to be in three hours the arts pretty dope um i do have
white lists i'm going to be minting in a couple hours there's some fud uh that i don't know too
much about but if you're interested and then the last thing is uh alives i know you guys are
probably tired of hearing you talk about alives but they just keep shipping so they they just
announced a new airdrop for all alive foreholders and it's going to be a collaboration between
alive and another project called fud foxes i just pinned up an example of the art and it's going to
be a four thousand four hundred and forty three forty four piece collection three thousand three
hundred and thirty three of those are going to be air dropped one for each fud fox jpeg so not per
wallet or for holder but per jpeg if you're holding three you're going to get three and then uh one
thousand one hundred and eleven for alive holders so same thing if you're holding one you get one if
you get two so another airdrop and then update on the last one uh i mentioned it was holding a
hundred say floor on tuesday when it dropped and it's still holding uh simply the artist is doing
a great job of gamifying he's adding mechanics to make to add demand to the the new collection the
new airdrop which is awakening i mean i guess it's not new it's the one that dropped on tuesday now
with awakening um so it's still holding that hundred say floor which is like about a hundred bucks
and yeah oh and then uh the actual genesis collection alive took a slight dip after
snapshot to like mid 400s and it's sitting at 600 say now so i still think you know this is
good mid long term bet easy uh schmidt you know short term you know make your own call but uh
that's what i got appreciate you man thanks for keeping us updated on the say i know that's
popping off even more every day so appreciate you keeping this update on all things over there
i guess just looking at the mitt list um i guess i could read some of it but i pinned it up top
it's pinned over a little bit but there's a list there for everything that's going on
um we have wadeside persona uh synergy land revolving games and grab a bite uh cha gong
kuang avante heart felix felix felix uh we have bodo and nft paris the wizards of ord historic
crypto and then kind of getting more we have darios we talked about that flux modest shadows
floor icon season two and mcbest summer 1994 so i went and i looked i was like all right which
ones um intrigued me the most or in like i felt like could be something and wadeside i think we
have something to do with that um they have uh i think we have a whitelister it's a it's a raffle
so wadeside private sale ino auction update um they have ethereum raise 262 current settlement
price is 13 e 0.13 e and auction ends four days you go to mint dot wade dot club and go on that
and then uh we also have darios we talked about that goes live relatively soon first whitelist is
0.15 soul it's a 999 collection second whitelist is 0.2 and public is 0.3 um we have wizard of
ords which is going on bitcoin they have uh vip at 11 a.m eastern that's 75 already inscribed
and yeah i mean it's not going to make it past the holders if it doesn't stop at this vip
then yeah holders will get it in four hours and 15 minutes or so yeah and there is no
publicment for this they said first come first serve are only people that are using magic eden
wallets so this is not going to get there and this people will post about that for a while
we have revolving games and i think this has something to do with skyborne genesis
um i think i had a little like brief description of what's going on there
it's skyborne i think that's what it is um so it says big uh this is uh so mint starts at a.m
cet for gems immortals at whitelist 9 a.m cst for collab and whiteness 335 uh 30 3,599 minted
during pre-sale so there's 465 left persona also did mint uh tomorrow but will not be tradable
until the public raffle ends so you need to know that basically bites will have a full day of
trading before persona goes live keep in mind bites royalties will be used to buy back gems
gems equal token airdrops bike bites equal point to eth uh token pre-sale access so seems like
people are trying to get some allocation to that um synergy land uh i don't know much about this
but i'll pin it up first round starts at 1 p.m utc around 200 will be minted in the first round
please be careful with that and then obviously persona journeys today too so that's what's going
on mint wise i'm gonna throw it to trill because he's our collab manager i'm sure he wants to talk
about uh some things we got whitelisted for and just keep the community updated so go ahead trill
and then we'll throw it to you steven yeah um you kind of ran through the two that i wanted to talk
about but yeah so we have flux so thanks for doing that um throwing that up there for everyone to see
and that we do have wait side so this was a collab that we did like during the bear market
but yeah they have their initial nft offering and we're in this first phase where we'll be able to
like bid on the auction so it is a little bit confusing i would say this type of auction but
there's a ton of um resources to kind of basically fill you in on how to how it works and how it'll
you know pan out over the next four days so if you did win that through our raffles um just double
check and and um if you want to participate um it's going to be going until the weekend so
and then yeah flux looks like it should be a good one um the other one that i just wanted to pin up
is something that uh i guess people have been asking me about but we do have this chumps on soul
um and so if you want this i'm gonna pin this up the details are in the in the jumbotron um the
website is a troll so if you want it don't use the white list checker on the website because
it's it's not real so if you want it you want it you're on the list and it'll be minting on monday
so uh please stop asking that's it appreciate you what do you think persona journey does today trill
are you interested in that art it's like a lot of people um it's interesting because it's another
auction right and i think point two nine is like the max so i know dingaling is being on it i know
it should do pretty well i think it's interesting to see all these screenshots of the gas being like
crazy with us being on soul and bitcoin for primarily the last couple months so um
so you got affected anything now which i forgot right like you buy it for point three and then
it's an extra point one for gas or some bullshit so um i think it'll do well i think it'll it'll
rip once it ends and uh chief any comments on the art well that's what i was gonna say bro can
someone just be honest with me are y'all just trying to make some money off of this shit because
if we are that's cool but dude who the fuck stands like that like they're all looking over their
shoulder neck hurt bent in the motherfucker like no one in real life would literally reenact that
shit and then who's gonna put that as your like what are you scared of who you looking over your
shoulder for i don't know bro like if we're making bread i'm all for it y'all know i mean
there is no bad bias or emotion on there but just be honest with yourself be honest with the people
you're bullposting for like the art does not look that good they look awkward like they look awkward
let's just be real like if you were the artist if you did that shit yourself your neck would hurt
within a minute you can't even see what's in front of you you're gonna get robbed from the front like
that's the worst part they're gonna need like a chiropractor right they're gonna need a ring dinger
yeah i just don't get it and and no one's honest no one has been honest on the timeline first
everyone lied about the sneak peeks i know i should have known y'all were liars about that
like everybody lied like you heard about their like their web or web 2 game their fantasy game
like so rare obviously these motherfuckers have experienced in extensive marketing in web 2 and
they just like they come to web 3 and like this is child's play we've done this in web 2 we built
we built this fantasy thing that's gone i don't know how it's going crazy but like when they're
marketing to web 3 they're probably thinking this is child's play compared to how they marketed
their like fantasy products and shit so i mean it was kind of all kind of coordinated all the
big influential influencers have whitelist so you're not going to get any shade so yeah i definitely
i mean i think the art will do well but i don't know if this is like if you look at the chart a
week from now if it's not a notorious influencer pump and dump like chart where it's like peaks
in a day or two and then it dumps to like mint price afterwards i don't know how i feel about
this but i know last time i thought this was fucking sugar town but you know that kind of
proved me wrong in the long term i was like man everybody's bull posting sugar town oh my god
sugar town all the influencers have it this is going to be a fucking pump and dump and it ended
up fucking go all the way to point six so i've been wrong before with this kind of trying to
determine if this is going to be good or not but yeah this art people like it and that's all they
talk about and then they talk about previous fucking examples of success of the past project
and shit how come no one has ever i just okay yeah you're right i'm wrong i just want someone
to to say hey bro you don't understand they're facing like this because of xyz like the shadows
play like i don't even have one person that says you just don't get art you know like it's just
literally everyone's like yeah you're right but the art is great uh we're gonna buy some personas i'm
like all right that's cool i mean i'm not gonna hate so much anime bro where it's been left right
fucking face forward so it's like what's the last stance that we haven't done oh it's looking to the
left and staring at the right if you did that in real life and you just cut off at your head
underneath i think that your leg is up and you're just sitting here like you know kissing your
your high school prom date and you can't reach i'm just being honest your legs up if you got
that stance the persona stance your legs up in the background uh let's go to floor and then we'll
go to steven hey chief you gotta be cracking up here man that's crazy um yeah toot made me laugh
earlier when he said that ai is rwa i think that the fact that the g tags are going into the other
side has gotten into his head uh so ggs king but uh no i wanted to touch on what you mentioned
about eigen uh so a16z has been working with the shiram the founder of eigen for for a very long
time uh that guy's base man he's a tenured professor uh which means that he like he gets his
salary but he can build he he can build whatever he wants like he can take a leave for for a couple
of years which is what he did when he built eigen but he has his like eigen labs or whatever they're
called they they have developed blockchain products for that are incorporated in chia
i don't know if you guys know chia and also algorand um so this is not like their first you
know foray into blockchain uh eigen layer uh they're they're massive dude like this 100
million dollar funding or whatever it is from from a16 it's like it's it's nothing like it's
just validation for for a watch where ram has been building for a long time and and like if
there's somebody that's not going to rug us like it has to be like if he rugs us like that's it we
have because this guy's a fucking professor he used to work in uh peer-to-peer uh mobile
communications for the government like you know he actually tried to do what he's doing with ethereum
with evm uh with eigen on bitcoin but he obviously didn't get a really good reception there
you can imagine it's not very flexible either way in terms of building uh on their virtual machine
but but yeah so the other thing you mentioned chief that data availability that's just the
first product that the first avs that they're rolling out uh eigen they're not like it's not
an it's not a data availability play that's just one of the things that they're rolling out because
you cannot scale l2s without a data availability so the way it works right now is that if you post
any data onto the mainnet ethereum's mainnet uh it's there forever which is what uh sharding
uh intends to solve so basically eigen is just front running that and and for for l2s they need
to post certain information that they need to be able to recall within a certain time frame like
one week two weeks they all have different parameters each l2 so what data availability
is all about is hey don't don't post this data that you're gonna that you only need for two weeks
on the mainnet which is very expensive like posted on this layer that we're building on
on top of the virtual machine and and this is what eigen is rolling out this is why data
availability is the first product and that's why we see it also you know um have a good adoption
on on the uh on cosmos right uh but it's just one of the things they're they're going to roll out
like you're going to be able to build oracles on evm you're going to be able to build gaming engines
on evm which are things that you cannot yeah yeah bridges although bridges bridges are going to be
faced out bridges are terrible you know they're not secure you're just going to have like anyway
a good thing that you mentioned bridges uh x because that's where that's my alpha for for today
uh there is this um uh there's this uh a company called pike finance not sure if anybody's heard
of them uh but they what they're building is a universal liquidity protocol that is going to
allow you to uh basically uh tap into liquidity that you have another evms and non evms uh so for
example if you have assets on arbitrum uh and and you want to go into usdc or you want to go into
ethereum now you through pike you're going to be able to simply you know you don't need a bridge
you don't need to go back to a to a sex uh to get that asset you'll do it all from pike
because they have they're using the cctp protocol from circle so it's usdc uh and they're also using
the the cross chain messaging protocol from wormhole uh and actually warm the guys from wormhole
which used to all work at polka dot same things with the pike finance guys they tap the pike
finance team to build this this is their flagship product so that you know whenever you need to
stable up uh then you don't need to go through bridges which are very uh are not very safe or
you don't have a a liquidity issue for usdc though on arbitrum there's not enough usdc at
the moment right that's all going to be gone uh with pike right now they're on their mainnet better
and you can get a better uh better tester uh tag on the discord um if you just supply liquidity
like point one ethereum it could be uh 400 usdc or 10 arbitrum or 10 optimism so if you provide
any of those if you lp any of those you get the the main beta tester tag uh and if you provide
all of them you get the beta maxi tag and you only have until the 25th to get this uh so if you do
this i'm sure you're gonna get the wormhole because literally they were you cannot have
pike finance without wormhole which is taking over the blockchain ecosystem by the way uh and
they're also very close to the monad team and that's going to be another cook
did he rug he rug oh he's getting on that helium mobile yeah i was just checking my wi-fi you know
there's been some cell phone outages today so we'll let yo my shit is still out by the way bro
like what the fuck what kind of third world country are we fucking living in here dude
this is uh russia attacking our cell phone services just to teach us a lot so they have
to have some boogie man to go into the elections and it's russia again okay there you go what's up
go back you were gone for about 30 seconds oh fuck man but just uh fuck where did i just
what was the last thing i said pike narrative real quick to conclude on it yes so just supply
liquidity uh so you get the the main the main net beta tag uh or supply all of it which comes
to like 1400 i think and you get the the main net beta maxi tag that's gonna that's gonna be
very good for for you in terms of earth you're gonna get the wormhole and you can
yeah yeah we got it we got we got majority of you're breaking up there which i'm thinking
you're probably driving or you're in a bad cell phone service so appreciate that and you were early
on uh was a stride too so this guy's early on shit and he might seem like he's a sugar daddy pimp
gigolo this motherfucker does his fucking homework and has ladies so fucking goals fucking goals
let's go to steven miller what's up steven gm mfers normally i don't start out like that but
the truth is this audience there's been a lot of mfers when you look at the fact that we got 280
people in here and only what 50 freaking reposts please do yourselves a favor do your friends a
favor do your friends friends a favor give the space a quick repost because we're dropping a
lot of shit in here to help you the community make some goddamn money so you can't stay poor
that being said there's so many goddamn things going on today that i wanted to make sure that
i put a couple of things that are even outside of my purview on your radar
um the first big one i want to lead with that is the most outside of my purview so to speak
is um ens just um made a really big move forward with uniswap uh uniswap has announced they're
officially rolling forward uni.eth subdomains trying to simplify the wallet address game
so you can now go and register a a domain that is your name or whatever you want dot uni dot eth
for free um using the uniswap wallet so that's pretty bullish in my opinion um mostly for
ens um if you're into that sort of thing i don't think it has a damn piece of effect on your actual
domains in the ens ecosystem i think it has a lot more to do with the token which we've seen go up
almost 2x in the last month i believe so worth keeping that one on your radar real quick
um besides that one there's plenty of stuff going on in the art world a call that i put in
i believe at the beginning of january the end of december was for a line draw it was a drop that
was put out by fellowship that was the first text to image generated outputs minted um as nfts they
were originally generated back in 2015 um it's worth mentioning that they were dumb sheep for a
minute and now they're sitting at a 1e floor so there is a big opportunity there i think that as
people will continue to discover this collection it's going to go higher and it's going to carry a
lot more steam so don't be surprised when that thing continues to run um outside of those two and
the um big thing that i wanted to draw attention to is mints that are going on right now
um we have roughly an hour left right now on the ranked auction for chicago leads
monument um it is a really great collection from one of the top generative artists in the space
i've been talking about it pretty much all week you should be very familiar with it by now
but it did it did their mint in two phases they they broke the 180 supply into two um halves 90
and 90 and the first half was just for existing collectors and holders of kiddo gully's artwork
and then the second bit has been on a ranked auction for the remaining 90
the collectors had the opportunity to collect this piece for 333 dollars so it's worth keeping
that number in mind as you go in if you decide to place a bid in the ranked auction but the
current winning bid is 358 dollars for the work that this is and for the potential of having a
physical redeemable after the fact and it just being chicago lead i don't give a shit what gas
is right now you're a fool if you're not trying to make a play at this because it is one of those
pieces that is in such a low supply that it is going to fly so food for thought on that one
i am sensationalizing it a bit because you all need to wake the fuck up um next one that
we heard about earlier from expresso for a moment was a drop coming from mcbeth
called september 1994 um it is part of a larger exhibition going on over at mfc paris and it is
really unique artwork i don't think that there are many of our artists in our scene that
kind of take his style or their style um so just worth keeping an eye on um there are open
editions for it there's a limited edition available in it and there's one of one auction so there are
plenty of different ways to get involved with this if you wanted to try and play it if you
really do like the art and the last one is one that i've been talking about
for a week and it's um the drop that is coming up today from anna maria caballero and melissa
wider act um that is dropping i believe as part of nft paris um but you guys should be aware of
all of those by now all of them are in the mint digest for the week but i will make sure that
each of these articles are posted to the top and you can have access again to that digest
to catch up on everything that's upcoming even beyond this week i try to make sure that everybody
has as much info as possible as early as possible on these collections as soon as they come on
my radar so i'll have it all up into the top for you but again retweet space if you're if you've
not um otherwise i'm pretty confident you're gonna stay poor if you don't retweet steven typically
during these kind of art centric conferences there are like some stealth mints we've seen
like beef brocco at uh marfa do you think there's gonna be anything like that at paris where like
we just end up in the middle of night all getting alerted that hey this mint's going live from some
notorious artist is there going to be any stealth myths you think this weekend um i think it starts
today um you're you're thinking correctly um the one that i am i'm a little skeptical to bring up
right now is a drop that's coming from denitra turniac he teased it last night there's no info on
it i don't know what the supply is going to be um there's so little said about it right now but
if denitra turniac is going to do something that is a stealth drop during nfc paris you better
believe that more people are going to um it's it's one of those things that when big names start
pulling it again everybody else will follow so good call espresso if they if he drops some more
svg files you best believe we're inscribing that shit and creating a collection like the hogs so
that's the last time he did that and everybody just took that and scribe that right on the bitcoin
and created a whole community around denitra turniac's cooses uh i think that was denitra so
i'm i'm man and keep me like i might give you my phone number or something you fucking alert
me on these free mints these stealth mints because man they've been profitable especially
you can get on so appreciate you steven for keeping us updated man really do um i did pin
up that mcbest one i forgot to so that's on foundation it looks like that that's open edition
so maybe not bad to grab that um blackrock is hosting an institutional digital asset summit today
you think people are going to leave that summit wanting to buy bitcoin i don't know man let's
see how good larry pink is in the boardroom yo if any assholes show up in some fucking rented
lamborghinis and that shit you know the top might be in bro so these fucking bitcoin puppets have
been fucking bullposts into the past month that they're gonna flip node monkeys uh i guess that
didn't happen sorry uh we went up to half a quarter of a bitcoin uh last night and i'm kind
of suspicious do you guys think this is pure um lonore are these board apes that are like i'm
fucking sick of this execution risk i'm coming over the ordinals where this is just an art project
you think it's just board apes leaving and and buying this because i've seen a lot of board apes
in the past 24 hours saying you know this is the board apes of ordinals i can't believe you're
fading it and are these kind of people refugees that are coming over or maybe sold a few assets
because of the garga and the david the david guy leaving and they're now they're trying to make
their pivot here or is those people just following lonore just just to clarify pups never said that
we're going to flip them in the short term okay uh thread guy thread guy was basically in three
straight spaces saying that oh there's no community behind puppet or no community around
no monkeys it's gonna flip it and that was tipped that was the bottom that was at point one four so
anytime thread guy starts acting like he knows what he's talking about it's typically a bottom
on bro that's my top bro listen i like thread guy this is no shade term but like i'll be honest i
have a list of mfrs that i always have as my like like local top fucking signals and thread guys on
that list i love you tg if you ever listen to this i'm sorry bro it's just you know it's happened
more than once and i learned from my past motherfucker so are we suspecting that fucking what's
his name no toshi which are rock toshi that's behind uh behind nodes and then he's also behind
r6 and people are like saying this is the base of ordinals i'm like if it's the base of ordinals
then we need to get airdrops and then like i started asking questions to decentralized toast
just by arcade do founders contact you to get these airdrops he says yeah we had a lot of
communications with all of them and it just makes me think that yeah that uh rock is someone that
says i'm hands off but in the background he's secretly like helping the node monkeys like get
allocations to the tokens and i wonder if this if when runes pop off if you know if r6 maybe get
airdropped to node monkeys i don't know man like i know that he's kept expectations low but i'm
wondering like he is in the background talking to arcade he is developing r6 do we get like pre-runes
allocation for just holding node monkey because we've been pretty we've been rewarded pretty
heavily for a project that hasn't had a founder that is basically the narrative is he's doing
nothing and it's just an art project starting to make me think if this is the base don't we need
airdrops and uh i don't know man maybe we get some kind of runes i don't know man it's gonna
make me think yesterday like what are some other ways to pump this price and it's obviously free
money and free npts so maybe we get some r6 pre-runes uh drop the node monkeys i don't know
what do you think chief no but yeah i'm glad you're still listening bro i think i just don't think
that that rock is um like the puppet master like that like he's a different type of puppet master
did you guys see there was another airdrop i just saw it in my wallet is like a it's a black rock
there's a hundred of them did you guys talk about that no i know the cigarettes just came out from
btc machine i don't know if any of y'all saw those but you should yo bro puppets are getting
like stupid fucking airdrops dude like the derps the lotion the cigarettes like
fuck bro i don't give a fuck why anybody says this shit dude you came in at a perfect fucking
perfect time bro like you got like you got pretty much everything i've gotten in and
haven't had to deal with all the rugs and during the summer bro like you came in and you fucking
pretty much you have gotten everything that i've got well that's what i will count all the
x that's the main reason why we're seeing a little bit of this run up is because i mean
you this stuff the majority of it all right or all of it is permissionless like you can go to best
and slot and grab a snapshot of holders and you don't have to talk to anyone right in reality and
so that's already occurring right you even had sanj from famojis i mean i've been talking and
bullposting famojis for fuck like two months and i just explained to you guys that man's not going
anywhere right he has generate or that's not he's not doing anything this is what he does
right and i mean they're up 3x in the last week right just from sanj being a builder in the space
and he vocally disclosed that he's like hey just for the record uh you know a lot of people are
taking snapshots of the collection a lot of people are pulling from best in slot so the idea
of airdrops on bitcoin room stone coming out right just the liquidity for participation
is becoming a little bit more obvious and and then people are layering on well hell if they're
gonna airdrop shit they're gonna airdrop it to the most expensive collection or this collection
or that collection and start kind of positioning themselves on their own thesis but i really think
it's just the airdrops that are enticing right now right the fact that everyone's getting free
money on bitcoin and everyone's like well shit i want some too so it's the loudest collection
because you're basically like you paying for this advertisement is stupid expensive so airdrop
motherfucker shit and they're going to be stupid lot on the timeline like that's just the fucking
reality of it so in my mind it's a double-edged sword right because like if you can time this
right and exit at the right time or dca out like we're starting to see like this whole fucking like
shit coin like i guarantee you in a year most of the shit that's getting airdropped is going to be
completely fucking worthless like like i'm sorry bro like i might be wrong but like if past
performance is indicative of future outcome i mean we've seen this shit happen already on other chains
right so yeah dude yep and then like this is the real quick this was just the example that
i told for you guys yesterday and and just some base level stats right i'm not asking what you
guys think about who it comes from but we're looking at numbers so cost to airdrop everyone
this is a one specific um runes or pre-rune airdrop that we're talking about the rune mania minor the
last one that just came out it cost seven thousand five hundred dollars to airdrop all of them team
treasury six point six percent floor price nine hundred dollars unrealized profit for the death
230k so holy shit bro i mean i don't know about y'all but if you put seven and a half bands down
you pull out a quarter mil like that math is math and not just for me but for everybody
else in this motherfucker right a lot of people just don't have the resources to make it happen
and execute at that level but i mean not to say that there's not money to be made i would just
always be cautious of of where this is all coming from and the intentions behind it and just that
end right so just to keep that in mind as well because it's not necessarily that hard just
requires some money and they're making money too don't get it twisted so yeah and we talked about
these projects as like floor prices but we need to look at them as market caps he really looked at
the board apes and pudgy penguins thing that happened on saturday it really wasn't a flipping
by market cap because actually board apes have more assets so i think if it was a flip of barely
but like uh b check put this together and i didn't even realize it was this far of a distance but
node monkeys market cap is 121 120 million dollars quantum cats is 39 ombs is 85 bitcoin
frogs 82 so like the market cap of node monkeys is is it's like an outlier compared to all the
other market caps uh in ordinal so it kind of like is taking like the top spot regardless of
what you're looking at floor price wise and then um airdrop wise uh what is what is going on with
this airdrop with ortizar yesterday did you see this i'm revealing a new era ortizog is no longer
just a platform it's a community driven powerhouse how to airdrop more details coming soon like
didn't we use ortizar for common ears no well ortizar is the degenerate for like node rocks
and all that the one that they give we've used it before yeah yeah for code rocks and pixel wizards
and node pepe's and pepe wizards and all the degenerates that were cooking up and incubated
from over there but the majority of them right um the what was it the mickey mouse is all that
kind of shit um i know that just to kind of add context i don't know how much i can say right
i know that apparently ortizar is looking at a tge um and that they are allowing
certain people um access into some type of public round or a presale round but i'm i'm
hearing from like a friend of a friend type shit that it landed on my desk right not not
anybody that approached me so i can't give any kind of concrete stuff but apparently circulating
they are going for a tge pretty soon so that could be what they mean by a public or community
driven powerhouse kind of thing you think if we used the platform before this announcement that
that could be maybe like an og badge or like to qualify for yeah or maybe a creator badge right
since it was so easy to just come on there and launch a whatever in a sense 90 percent of it's
typically free as well um if you go over there and you launch something maybe go launch a small
little art collection five ten percent utilize the platform register yourself as a creator
yeah shit my my mute button was broken there yeah that makes sense um
you gotta talk about scallops and if you're a piss taker they're just kind of doubling down
on this so scallop is basically on the 21st to the 27th they're apparently going to do
this air drop it says supply slash borrow tvl 100 usdc i don't know how you guys get this or how
it is going to show up in your wallet or whatever but it looks like scallop by the 27th should be
air dropping fifth holders they're they're coined so i guess keep your eye out on that and i guess
the one thing that happened yesterday that was also kind of interesting was ninja alerts
inscribe the new grandchild that has several encoded binary child inscriptions is this like
a secondary collection coming out with using parent child inscriptions for ninjas i'm just
i'm just like that's very early to relaunching a separate collection so i was wondering like
what are our thoughts on this for like people that do hold ninjas no i mean i don't i don't
think it's a second collection you can inscribe and just connect anything to your family tree
that you want maybe something to add on to it i know that they're dynamic so maybe an add on
uh i don't know something like that yeah and then uh you had this backpack emoji going around margin
phi uh did backpack yesterday too so if you're a backpack uh downloaded that or you're a mad lad
it looks like you're getting the margin uh the margin phi token too uh so that's going to be
interesting and then a lot of people this mcdonald's thing that's going on we're speculating that
nine gag was behind it did you see that speculation chief well yeah because um mcdonald's has nine
gags changed his pfp yesterday to the mcdonald's right to the captain with uh w but i guess what a
lot of people don't understand is like the mcdonald's you guys meme or whatever you want
to call that that's been like predominant and dominant um anime for years like you can literally
look up uh mcdonald's anime and it'll pop up like a shit ton of them every time that they
reference mcdonald's and anime's at least in the older ones they used to do the upside down em so
it was kind of a play on that right i was doing a little bit of a deep dive into it um it's more of
a campaign um geared for mcdonald's unnecessarily on the web 3 side maybe there are some some shit
that they haven't revealed yet but it's mainly a campaign for the mcdonald's dude i was watching
the news yesterday and my local news talked about mcdonald's is uh teaming up with like lauriel and
launching their own nail polish and nail and nail stickers i'm like what the fuck is mcdonald's
doing like they're launching nails they're like doing this anime i don't know what the fuck there
and i was let cheddar apparently has a connection with this guy and like the guy that was part of
their web 3 development is now part of their marketing or something and and then he took over
recently and this is kind of his first move and like trying to market different avenues and use
the ip differently for mcdonald's so i don't know what the fuck's going on with this shit it's fucking
all right yeah i was like i don't know nothing says nothing says like classy like mcdonald's
nail polish i mean the article that i read that came from the mcdonald's guy
um basically would say that they've been working on this at the studio for the last two to three
years and the main manga series that a manga series that'll come out with i think seven or eight
different character storylines it'll showcase all the different uh categories of mangas that exist
so you have romantic you have action you have drama and each one of the character lines stories
and arcs will be based off of a different genre of animals so a little bit intense got you let's
then uh got another topic to talk about real quick go ahead steven yeah so another quick one
i wanted to make sure that i started giving more info on i brought it up pretty much the
day that the info came out um on tda uh the sotheby's verse has been doing it like has
started a selective like really highly selective curated generative art series that they've been
dropping the first one came out last year it was um just prior to veramulnar's passing
um it was a collection called themes and variations that she did in collaboration
with martin grasser it's done really really well um i am very confident that because of the way
that sotheby's promotes for this series that the next one will do well as well and that is
officially announced as bernard vanay um or vanette i cannot tell you how to pronounce that
name but either way it's from that guy um he has a really extensive history in generative art
spanning back to like even before the 60s so it's worth keeping in mind that that one's coming
forward and we now have info on like how to stay most up to date for it um don't be shocked when
you go to his twitter profile he is an old man he is not on x every hour of the day like we are
so it may look like an early find i promise you it's not um he's connected and has worked with
some of the biggest names in and around uh math art computer art which predated gen art
so please please please go and like subscribe to this like mailing list and actually stay up on
it because i promise you sotheby's promotes their artists really really well i expect this one to
probably do very very well in the near future when it eventually drops do you have a link for
the mailing list anything um so i'm gonna pin it up to the top in a sec all right all right
appreciate you keeping this updated on that um so i guess we'll talk about this real quick and
i had a dream last night you know we all heard that garga is now stepping up we broke that
yesterday when we first heard it i had a dream last night that he actually stepped down and
actually kevin rose uh became the ceo of yuga and i was like bro that it scared me it woke me up
um but we have the migration i guess i don't know if it's a migration but the announcement of
you know the marketplace for magic he didn't launch it on the 27th and then yesterday open
other side uh teased out something on the 29th kurtis has pre pre monet i don't know if i can
be aware of the goat um so do you think this is their attempt to get people to transfer their
contract to the new token standard and i guess this is the only way that apes can
get their 3d ape and go on other side or whatever they want to do like is this the is this the
incentive program that they're launching what's your thoughts chief or anybody um because i was
like there has no one's just going to go hey i'm just going to transfer my token over to this new
contract that supports royalties there has to be some kind of incentive structure to get people to
do it and i wonder this thing launching on the 29th is it kind of them saying hey motherfucker
you're not going to get your 3d apes or you're not going to be able to go on other side if you
don't transfer your uh contract to this new token standard so i don't know maybe this is because a
lot of people are trying to do that right like we've seen okay dogs are launching there's a button
like ringo's launching a bunch of people are launching on the day of this like launch and
i wonder if this is board apes attempt to get people to kind of merge over to the new contract
100 percent it's 100 like there's no other way to get anyone to like you have zero incentive
to fucking migrate your contract unless they give you a fucking reason to like why would i
that's what i said was the reason the the issue with gabe's thing too you know how gabe was
going around saying well my contract is this this this much better and i just never understood
how he was going to make it simple to say yeah okay cool dude your contract is better
how do i move fucking you know 250 k thousand assets over there like how do we make that happen
because that's not going to be cheap uh that's not going to be easy to fix like we can we get
it the contract's good but how do we make this happen so that was always my question with with
gabe and the payment processor over there so i would definitely double down on what Todd was
saying that yeah dude this is definitely their way of trying to incentivize you to move over
or eventually i mean they'll just start threatening you with phasing your ass out
you know probably six months down the line by the end of the year like hey you can't make it into
the other side or if you don't come you're gonna miss out on an airdrop or some shit
i mean they have to create some type of fomo or opportunity cost for not doing it
so what do we think happens on the 29th what are these fuck is it a goat is it another collection
is i don't know like what can you yo bro you're killing me they're gonna drop the fucking floor
price the day and like i'm wondering like why wouldn't you do all these announcements of CEO
changes after you've obtained royalties like isn't that what you want controversy people flooring
you make money off of it so i was like why come out right now when you had you're at the finish
line of royalties you could have made money off all these fucking disgruntled board apes leaving
bro if they announce another collection it's a wrap it's gonna be a mass
incident dude i'm like i'm willing to take money on who wants to bet that there's going to be
another fucking collection like why are they not opening the other side now there's no other side
bro like i was listening to daniel allegory and like apparently they they had to build the other
side up like six months ago they had to start it all over again i'm like holy fuck bro i did not
know this like six months ago like that's recent what were you guys doing no just help it was that
that other side yeah bro look look i played in the last one i played in the last one and won the
hell what was that was that not other side how yeah how is that how is it not after two years
or however long this fucking man feels like forever how is it not ready to launch they i thought this
whole post was like all right they're finally about to launch this shit and everybody involved
can have a pfp because really before everyone is like mex and on your little face screen it had
whatever your pfp was whether that was a board ape a mutant or the land so when i did it i was
like yeah who who gives a fuck about like this little screen on your face having a pfp on it
versus like being able to play with your actual pfp since they own all these fucking collections now
so i don't know if they if that's not what it is bro i'm completely embarrassed yeah so it's not
like world of warcraft or a mmorpg i guess it's more like roblox where you can build experiences
similar to like the one you perform with board age so not only does board age can create those
experiences but apparently you can create those kind of games so like nip the island bro they
front end the fuck out of them nip the island pretty much exposed this entire industry for
what it is like i'm sorry bro if there's some age down there listening to this feel like there goes
that fucking 2mf or bitching and moaning about the fucking board api club again yeah well i'm
gonna keep fucking bitching okay and there's nothing you could do about it now that's the
one thing of when you're in development too long all these devs talk and they're like yeah i'm
friends with you what'd you build it over there oh you're building that oh fucking run the shit out
of you bro like they're just pushing this out island did that bro they're pushing this out as
fast as they can because if they let's say hypothetically they were able to finish the
game this year let's say they finish it in september well okay let's say you get a lot of
players for the first three months 2025 comes around gta6 comes out it is fucking over it's
over for other side and dude entire gaming companies move their their release schedules
around once they found out what gta is releasing releasing their game like nobody wants to play
this shit bro what's in pow world funded by seven million dollars and these motherfuckers
made like a hundred million off other side and then they're not ready when it comes to gaming
or art or anything what i mean i i understand gaming takes a long time and if you want to do
this whole web 3 gaming shit you want your startup money early but what i will never understand is
why would you not find a more reasonable way like every other fucking company on earth
to actually build something and not announce it and not announce your plans until something
is ready you know how well that would do but people want that fucking money up front and
they want they want all these you know quote unquote investors although you know they don't
want to call them investors for sec purposes but like it's crazy to me when you look at this and
you're like how many things are launching and still haven't actually had something ready to
go for the people like when i think of like deejin high there's so many fucking projects i'm sure
anyone who's been here for the last two years could list off 20 projects that are about to launch
something and it's like bro it's still not here why did you start so early like at least on the
marketing side outside of money there's no reason why a company shouldn't start building do what
you're already doing if you're in that space if you are a fucking game developer or any of these
things and then hey six months before you launch the game then drop your project then you know what
i mean it just it just makes more sense because you're going to be behind the way motherfuckers
talked about the metaverse all in 2020 2021 we still don't have a good one you know what i mean
like bro if you're going to spend the next two years building it and then now you're going to
pivot it's just bad man this is it's because this is the only industry where you can do that
i mean relying on royalties doesn't make sense chief like it literally doesn't make sense like
maybe if it's a portion of your of your of your of the revenue that you generate fine
i understand bro but like when when fucking art by michael angelo or or leonardo da Vinci sells
they don't track down his fucking family and give them the royalties for whatever was fucking sold
like our business is done well not like that how many times would it move let's say let's say
even if you do have a leonardo da Vinci it goes and sells one time you pay the family royalties
that's it right that's it the family dude royalties and web 3 is a relatively new concept
and everybody says this is why i that's why i came to this space but in when nfts launched in 2017
there were no royalties like royalties were used to onboard us in like 21 but like nfts didn't have
royalties uh for the longest time and then we don't have it again so the when the nft spaces
have royalties probably less than we not have yeah yeah and that's the thing about it it's like
because in reality i mean it's it's you go into i mean y'all've heard me talk about this retention
models versus revenue models right uh you can create all these you know millions of retention
models but none of this is bringing money in so it gets to a point where yeah you're keeping me
here but what's keeping you here that's the real question it's like what's keeping you as a business
around or how are you staying relevant if you're giving me money to stick around and you're creating
all this shit to give out for free that's cool but eventually like you can't keep doing then we
got to be honest with ourselves right so i don't know dude we'll see how that plays go ahead sorry
talk even even the people that like say that yeah what about the artists well yeah the artists are
able to fucking make money or whatever the company artists whatever however you want to fucking label
once the transaction is done like like it before nfts and shit like it was very difficult for
artists to sell art you know like if you're an artist like it's hard to sell physical art you
gotta go places you gotta move around and stuff like that but now that there's you're cutting
out the fucking middleman and you're able to sell your art to hundreds and thousands and thousands
of fucking people like i don't know bro i hate this tired ass conversation it's just i don't know
what the future is looking like because you're removing the incentive for traders unless magic
eden really fucking incentivizes people to fucking trade these assets i'm just fucking bearish bro
like unless magic eden like you know like it makes it really fucking worthwhile to to trade
board dates and pay the royalties and like be able to you know make the money back like the traders
can make their money off like the difference of what the royalty cost is i don't know dude it just
it's just i'm not seeing it it's just not there yeah i agree with you because you also go into
just basic economics and how you see shit's flawed so it's like if you look at an artist
who's trying to survive that off of royalties and you say well just make a new piece and sell it
well no why would i do that that dilutes it okay cool solid point uh but you want me to continuously
to trade this piece though so you can eat well no i want you to enjoy it and cherish it all right
cool solid point so fuck now we're both stuck because you're not making more work um i'm not
trading the work because i'm supposed to admire it you know what i'm saying and it's like you sit
here and you're like even basic economics is why are you depending on me when you actually hold
the key to the factory so regardless of whether royalties exist or not the choice to make more
art always and ultimately will always be in your hands so you can turn it on or turn it off
depending on how you want to leave your legacy or career so it's that wanting to have my cake
and eat it too kind of thing of well i want to make money but i don't want to make a lot of art
but and then i i want to find the blend and it's like it's a process and and it's one that's
ongoing and forever so i think it's going to be rude awakening right because like x said a lot
of us were enticed with you buy this piece of art and then every time they sell it you get a piece
for the rest of your life but in traditional art worlds you don't want to see your piece being
resold you don't even want to see your piece you you want to exchange hands from you to them that's
it it's done like and and that's my piece it's gonna sit there forever i'm gonna give it to my
kids but like no one's going around boasting that they have 10 pieces for auction they're like damn
bro no one likes your work like they just take it to the auction house every time they get a piece
like shit you need to go do you know what i'm saying but here it's opposite like here's like
oh shit he's at the auction house again look at this guy i'm like damn look at this guy so i don't
know it's it's a double-edged sword uh go ahead king titus yeah what's up man thanks for having
me out so first you know i had to take a call so i i maybe missed something but i don't know if you
guys saw that tweet from beanie i think it was yesterday you hit the nail on the head i don't
know you know something he didn't mention i don't know if you guys know what agile sabotage is
basically you know a company acquires too much too fast and they can't adapt because they have
so many different teams working on so many different things that they're not able to scale
properly and they implode i personally don't think that they're going to be able to come through
with this metaverse i think that you know they're going to build towards the end of the year and
then they're going to have to pivot um i i just i'm just really bearish on basey as a whole you
know they really got away from their core metric you know of the club houses and building brands
and helping other business owners you know that was really what what made it so big to begin with
and now that they've turned into whatever you guys now i don't know what you want to define it as
but you know i i just don't think it's going to work you know nobody's made a successful metaverse
and we just really don't have the technology and the user interface for the normal person to get on
and really enjoy and spend money there dude i think you can i think you can intertwine the names are
are you talking about nougat or board 8th or are you talking about uh dega it's board 8llc by the
way frank said the same thing yesterday i don't know if you all saw frank's post last night he
said the same thing where we were driving in two different directions with dust labs we had to let
kevin go and then now we booted half the team and now we have the core like the core base of
people that we're building in one direction now so it's like this this isn't a yuga thing i think
a lot of projects are going through like what they're trying to do and trying to adapt to the
market and really all the market want is it wants this free money and price go up and everybody's
trying to build tech and build like useful things for the space and like the traders don't care and
the community doesn't care all they want is the floor price to go up so it kind of puts them in a
difficult situation but go ahead bro that dude sounds like i was just gonna say sounds like
tout on and out alt bro you know damn their same voice and everything fud and fucking bassy so
yeah just shout out to tout hopping on an alt to prove his point two times no no the old me's dead
and gone motherfucker the old you you know i just talked about how there's this block rock
black rock institutional digital asset summit uh justin schmidt i'm looking forward to attending
the black rock institutional digital asset summit today nyc let's catch up if you'll find me there
and guess you know who justin schmidt is he's the president cOO of ando finance i don't know
man maybe there's something right that you know you know blurry fink bull posting rwa's rwa's
r and then black rock um you know saying that they're part of the team with ando maybe there's
something there maybe there's something there i don't know ando's been on ando's been on a nice rip
and we informed you probably like two weeks ago that they had some big stuff coming out
on big announcements uh i think they hired someone from goldman sachs they're obviously
backed by black rock so man ando finance looks to be a player in the rwa space if you are looking
for that a coin i think that's the top one right now personally so what do we call i guess when web
two companies start i guess modeling web three things i guess it's just that web two and a half
whatever right so not necessarily breaking news but it's pretty big news uh we know that reddit
has their own kind of tipping and currency system right that karma based off of you just participating
you can buy um skins do whatever right it's a participation ecosystem token for reddit
um boom reddit plans to place a big chunk of its ipo shares and hands of its users
an unusual move that could build loyalty but also come with the risk the company plans to reserve
an un yet undetermined number of shares for 75 000 of its most prolific so-called redditors
when it goes public next month according to people familiar with the matter the users will
have the opportunity to buy reddit shares at an ipo initial public offering price before the stock
starts trading privileges normally reserved only for big investors so now we got web two giant
reddit not only going public but taking a grassroots company kind of approach which makes sense for
being reddit and just how they've grown and why they've grown right um but dude that's the biggest
farm i mean you want to talk about valuations and getting a slice this shit reminds me of like
being a part of steve madden you know uh in in fucking what is it wolf of wall street so
if you're in one of the top 75 000 redditors if you have a shit ton of karma maybe you can go
farm some karma and get your ass up there if you're not um you get a chance to actually participate
in a legit um public offering for uh a company going live here in the u.s so that's pretty dope
dude is this the reason why they remember when they scrapped the coins yeah i guess that was
for them the ipo right probably because they couldn't have the same thing i mean typically
when you sell out you know like i mean you you got to remove the coin in any kind of old association
with you what were those coins called like moon coin something like that to where the community
the the moderator for the coin got yeah they got caught inside our trading and shit because he
sold everything before the coin went off line yep i remember now it's making me all come back to
that story i think we were kind of saying that or speculating that possibly they could be going
public because of that i think at the time we maybe we did that's crazy man i mean that's good
i think it's to be successful isn't uh what does the whole hanian isn't he the one that's the founder
of reddit alexander ohanian i think it's his name isn't he like part of ugo all right maybe he's on
the seed round of uh bc round of doodles i think he has something to do with web3 uh let me figure
out i think he was moonbirds wasn't he i thought he was part of the tg might be getting it seemed
like he's no he was making headway to serena williams no yeah they're married he didn't make her
but that's why i said married oh you said married i'm very aware he did not create
one of the greatest black athletes of all time oh so this yeah i mean i was like why does that
sound familiar uh yeah he has a an ape dude or a punk or something like that i know that
he's in web3 and he participates and whatnot so we'll see how that plays out i mean that's
probably where he got the inspiration from he's like yo this shit works it galvanizes companies
um next up something that i didn't know that you could do and apparently it's a new feature
i know a lot of us are on the magic game wallet kind of farming uh whatever they got for us to
farm you know hopefully not sadness but uh pinned up top you can actually do everything that you
can do on magic i mean i'm not going to say everything but you can buy lists and do everything
from your wallet instead of actually having to open the webpage which i think is a major
game changer right this is typically features you see on mobile but now being offered as like a
chrome extension pop up to where even if you're not on the magic game page you can just open up
google click your chrome extension pop it up and and you know list your your assets right then and
there so i thought that that was pretty cool and really making it that all-in-one kind of wallet
to where you don't have to go anywhere for fucking anything now so ggs to them and their team go ahead
oh so i was just going to ask about the farming so with magic eden wallet if you were to import it
into xverse and like interact with you know say liquidity um or or um magic eden even like are you
still potentially farming those magic eden points or do you think it's only limited to those that are
like using it through their browser extension no it's not necessarily it's not even their browser
extension it's the way that they split up their um how they do wallet management right magic eden
consolidates uh let's just say you import xverse into a magic eden wallet um magic eden consolidates
all of your x versus addresses if you had to count one two three four puts all the bitcoin
and one address and gives you one taproot right so that's been the biggest issue because uh
just going back and forth with liquidity um and just you know i tried every loophole possible
i exported my magic eden into xverse so i was farming with the same taproot but then and then
the dev told me that the issue is uh when you create a brand new magic eden wallet if you realize
your bitcoin receiving address is a bc1p it doesn't start with like an actual native segwit
or a three and that's how they're using as the identifying factor is the wallet that's providing
for swaps for funding for anything like that if it's a wallet that was created from uh the list
of magic eden like addresses right the ones that they do so that's your source is your your btc
funding wallet then they go into your taproot and make sure that they both line up uh sourcing for
magic eden so basically new wallet to farm away that's the only way that you can get by on that
and whoever took a puppet loan yesterday and paid it off within 10 minutes bro i'll give you your 50
bucks back like just stand up that was the greatest fucking thing i've ever seen uh you
took a puppy loan you paid it back got 50 bucks in interest we're not here for the 50 bucks i'm
not you're not so let's just keep doing this back and forth and you'll get your money back but
jeez bro like that 1.5 multiplier does a big difference so if any of you guys are on the
quidium i would just say hey whatever i farmed so far is an allocation for this wallet and what i'm
gonna farm now is an allocation for a new wallet and that's it and as your loans close up on one
side transfer your btc over and just continue on because that little this was the motivation i need
to achieve thank you brother yeah it's worth it bro it's literally worth it i mean i i moved up in
a wallet that i had what like nine loans completed and i was ranked like 320 i got two you just never
know like i'm scared to go without mobile if i have a loan out there you know what i'm saying
yeah that is an issue because you can't do mobile on the magic
yeah right so if i can upload it into my xverse and then at least if worst case i have to manage
it on the fly then i'm a little bit more comfortable doing it yeah that's the issue yeah because if
you did it on xverse you wouldn't be able to sign because it'd be coming from a different
btc would be coming from a different address so that's the issue on that end but yeah man
they're slowly starting to work on it and see if they can fix it i've just been bugging jay oh i
see what you're saying got it yeah i've just been bugging jay and so that's the bad issue i just i've
pinned this up before um and it's an airdrop tracker for you guys so if you guys are
interested in airdrops uh one thing back it's airdroptracker.notion.site slash airdrop tracker
it's a really good site to keep you updated on like the tiers of the airdrops the price of the
airdrops um if they're they cost how much they're cost based so just wanted to throw that out there
for you guys um we got some new people in here it's a great site to kind of identify what what
they use and how much it costs and shit like that so i'm gonna throw that up there for you
did you anybody else get a network connection yeah i did and then i ran across bro okay okay
and hear me bro that scared me um i didn't know what it was but we managed and we reconnected so
we're good oh for sure yeah i mean that reminded me of the good old days back you know when i had
to call my wife and had 90 seconds to re-establish connection or the whole space that are out um
finance labs yesterday came out with a new thing they've also invested in it's renzo protocol um
renzo is a liquid staking strategy manager for ugulele and protocol serves as the inference of
ugulele ecosystem by serving abs and offering additional yields so just another restaking
bullish narrative for finance last week they came out with the athena labs is with their backing
and incubating so keeping track of this stuff i think is pretty useful because finance you know
has great market makers and and has a lot of money invest in this stuff so i think the stuff
they invest probably do pretty well in the market and just as another narrative of showing you that
restaking is a power i think it's going to be one of the narratives that a lot of people are
into this cycle and i'm i'm all deep in it you know pretty interesting um so real quick this is
i guess breaking news um could be a little late to it i'll double check but uh dimitri tourniac
what steven was talking about um pinned up to the top he said he's releasing an edition of 100
um this book represents a thousand ringers for the first time in glorious four foot spread
collectors get an edition of my artwork ironic uh dessert in digital and physical form
so if you guys are interested in to meet your tourniac creator of the ringers and all that
uh inspired the the what was it the gusinals and that whole emergence go check it out up top
yeah and i saw this was inscribed yesterday uh breaking 9.99 kilobyte inscriptions whose id
start with 9999 just inscribed for 99 sats and it blocked that ended in 99 via the transaction i day
started with a 9999 so we know who's behind this anybody have any suggestions i see a lot of people
were talking about it these kind of hooded these hooded guys oh i don't know you guys have any
opinions or thoughts on who might be behind inscribing that so no yeah so yeah that's all
that and then just you know i could talk all day of how i'm doing the market and how i think the
market should play out or how i think you should invest but i like to get other people's opinions
and just like talk about just read their posts um because you know not everybody is in the same
situation i am i'm not in the same situation as you but just giving you different uh people's
narratives and different people's perspective on the market i thought this one was kind of
resonated with me and this is from crg um and he said in my opinion this bullish crypto cycle will
last anywhere between nine to 24 months from now i'm playing it in three stages stage one take a
big risk be a zero iq ape deploy everywhere buy dips relentlessly stage two dial down the risk
consolidate consolidate holdings increase cast positions buy dips less turn brain on a little
stage three exit plan scale out relentlessly sell rips opposed to buying dips brain fully turned on
it's simple take big risk at the start of the cycle dial it down the further uh and we get in
my opinion i'm still very bullish within stage one of this bullish cycle so i thought it was
something that it kind of resonated with me where i've been kind of telling you like uh deploying
now it yeah you might not you might be buying local tops but if you look at the you know cycle
like being early in a cycle and making mistakes around the cycle can be um
i guess you can learn from it but you can also kind of get rid of uh some mistakes by like
how high you buy buy the cycle playing out also so like a lot of your mistakes will be
like revealed and and it will be okay as the cycle plays off like i was talking about buying
soul at 120 dollars seem like a local top but if you look and you play this cycle out like
120 dollars is a buy so like for me my position i'm in like a a bullish hodl position and not
trying to you know buy tops and local tops and sell bottles i'm just trying to hold with my
conviction plays until like a more euphoric time like when retails here are we're thinking we're
at the end of a cycle instead of me buying and selling and possibly buying higher in the cycle
i'm in a bullish like hodl position and just trying to find more capital and i'm not trying
to sell anything if i want to buy anything i find more money and then buy it that way i'm
not trying to sell things that i already have conviction in uh to chase the next like dragon
if you would say that so i thought that was an interesting interesting way of kind of
positioning yourself and uh i thought it was a good it was a good read and i have another one
um but i don't want to get too into it it was a good one too it's just kind of listening to people
like experienced in the past and like i've been through one cycle but
a lot of these people i'm reading they've been through multiple cycles and they have a pretty
good understanding of like how to do this and a lot of people say you're not successful after
your second or third cycle you know i was like wow that's pretty cool um i thought that was a
good one um but i don't want to get into the next one it's kind of long so i won't read it but
i'll send it i'll probably talk about it tomorrow so we're not just me talking and reading off
threads the whole time so we'll bring lane up here he wants to talk maybe
and then we'll probably end the show um because we're getting to that point so see what lane has
to say all right well i guess i'll read it it's fine it's it's from runner x btc and it's a good
read um personally um he says motherfucker's asking for alpha don't go full-time crypto if
you aren't in six figures don't bother trading on a centralized exchange if you aren't in six figures
if you're below six figures stick to on chain slash new ecosystem praying for incentives don't
use leverage stick to spot be um be autistic and show up daily for years get a job in the
industry even if it's something you don't want to do you will learn a lot try to meet like-minded
people find one part of the market slash trading and become real fucking good at it rather than
being sub-part dog shit average at everything try to provide value even if it's being an intern
help organizing stuff bring a coffee or mopping the floor with your toothbrush nobody needs
a dead weight in their group chat if you suck at everything become good at something if you're
expect a freebie give up on crypto don't expect to become rich overnight you will lose it all don't
compare yourself to others not healthy take care of your body via sports and meditation stay the
fuck away from drugs and stimulants weed do that do that when you're rich maintain irl relationships
girlfriend friends and family your biggest highest conviction trade must be on yourself ct slash grew
chats make you feel it's wagmi group uh team effort it's up to you to press the buttons take
responsibility for your actions don't blame influencers for being bad at this after a big
win slash big walks take a break so i thought that was another good one i'm just reading people's
and i was like yo i resonate with this stuff i feel like i talk about this stuff but like hearing
other people that are smarter than me articulated way better i felt like it's a great like me instead
of me telling you like having other people tell you in different ways maybe we'll put that light
on and maybe you can do stuff differently so i thought those were two good posts i read yesterday
and just wanted to like relay them to you guys and how to maybe uh take advantage of this market
and lane you're connecting i can't i can't see you bro no he's up here for me go ahead lane
i can't hear you so just go ahead hey guys thanks so much for having me up um just hearing you um
share some of that stuff espresso like a few of those posts i could not fucking agree more
with so much of what was shared um that shit about um you know those three phases of a cycle
like and kind of you know i've spoken to a couple of other guys in the ordinal space
one thing that good things is currently saying that the minute is like he's in just the
climate mode just fucking a quiet like as much as accumulation mode as much as he fucking can
but crucially one of the things you said was like it's not about fucking rotating your capital from
one project to another to another to another to the latest new thing you just got to find fucking
liquidity elsewhere and it's like it's moments like this where you reap the benefits of all of
the shit that you've done in the last like year year and a half in the in the bear market where
it felt like liquidity wasn't moving you said oh shit am i just wasting my time it's like fucking
no no you get to learn you continue to learn and make stupid fucking mistakes over the course of
that year year and a half like i fucking did last year what was it with you guys that i was
talking about like my um my um pixel pepe debacle from last year did i tell you about that
yeah yeah so like you get to make stupid fucking mistakes like that and it's early enough in the
cycle like you're saying in that first stage like even pre that you get to make those mistakes
and then subsequently like learn from them at a point where you haven't ruined your chances
for the most important part of the cycle which is in my humble opinion the next nine to eighteen
months um that was that was massive and and that stuff about keeping yourself healthy as well
like like the last 48 hours um for me i've just been like wild there's been so much fucking air
drops and shit kicking off in the bitcoin ecosystem i have not been sleeping like what
like because you well at all i and i sent some like random dm to some dude who i thought i was
on a spaces about who was he was talking about like like what he was doing the day before and
i got it wrong and like just made a fucking fool of myself and just realized shit i took a step
back like man i fucking need to go to sleep like i need to i need to touch some grass kiss my wife
and like go and do something like meaningful beyond just sitting in front of in front of my
phone i mean don't get me wrong it's been a great 24 48 hours but certainly for me the last couple
of days i've not been fucking like after myself in the way that's going to keep me sharp for when i
need to switch gears for when i need to start taking profit for when i need to stop procuring
and start thinking about huddling and and sitting on my hands for a bit and or you need to start to
keep up taking some profits and starting to cycle out um like i'm and i fully have not nailed that
like i'm still currently in this slightly forever manic phase i'm worried like irl i work on a like
a ward clinical environment and i'm perpetually somewhat scared that everyone's going to see the
slightly crazed look in my eye and the slight bloodshotness of my eyes as i'm like prescribing
a medication or some shit like that and all of a sudden they're going to realize they're like
what's wrong with you and i'm like put my hands on like shit i'm in web 3 forgive me please don't
take away my license and um and so yeah i just i really resonated with that shit you were sharing
damn espresso you're just gonna do them like that bro
yeah you probably are not at the car you can't even unmute yourself but this man just confessed
hard out i i couldn't hear so maybe that was the one time where i should have removed him and
brought him back i'm sorry oh dude that shows my memory holy shit lane you think you're bad i
forgot that he couldn't hear you the whole time she i'm sorry bro i that's why i said i couldn't
hear him it just has the connecting thing damn like i can hear him tough for you well he poured
his heart out he said he appreciate you sharing those posts because you know he's he's downgrading
on his health trying to stay active and and stuff like that is a is a good uh recap to ground
yourselves you know so he appreciated the post and that is one thing about this job about running
around delivering packages by hoses space man i get tons of sunlight i'm not sitting behind a
computer all day i'm energetic i'm walking that's why i'm feeling good man like man that's the one
benefit of the space you guys like be better stressed out in the cortisol levels levels
anyway so maybe even if i go full-time web three i'll just run a truck and drive around and host
the space but lane appreciate you man i'll listen to the recording after the space is over and uh
i'll text you like flowers and ask your address so i can send you some flowers 1-800 flowers or
something i don't know bro but i appreciate everybody comes out to the daily alpha but one
thing is uh mito finance is on injective um they have their very first token they're launching
today from the quants which is the nft um one of the top nfts on injective um i think i've heard
that the market catch should open up around 72 000 um but the token is called quant a lot of people
are uh turning the language up and calling them cunts uh cunt token um but yeah if you guys are
interested in that um i think the token probably goes live sometime today i think you probably
have to use like astro port or some other decks to actually buy it if you're not whitelisted
by holding a quant but that's the very first token ever launched on mito finance on injective is
launching today so just want to throw that don't have any post but if you're interested in that
that's going on today too so appreciate you guys we host a space tuesday through saturday 9 45
it's about 12 12 30 and i'll leave it here for chief to read our read our sponsor we'll talk
to you guys tomorrow you guys have a great rich day hope you guys learn something and we'll be
back so peace out yeah i appreciate everyone that came out uh like i said we do this tuesday through
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