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THE DAILY ALPHA π₯·
Recorded: Feb. 22, 2024 Duration: 2:15:21Space Recording
Full Transcription
What's up, what's up, what's up?
Welcome to the Daily Alpha.
We run the space Tuesday through Sunday.
You guys know that.
9.45 to about 12.
Appreciate y'all.
Thanks for the people listening to the recording.
Thanks for tuning in.
Thanks for having notifications on.
Thanks for liking and retweeting the space.
Thanks for showing up, guys.
It means a lot.
So, how are you doing, Chief?
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 AT&T and Verizon don't work,
you can always arrive on the decentralized data story, or was it decentralized mesh network
where, yeah, where you can actually use your cell phone by hooking up to helium.
I would be curious of what the, 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 to see how, if the price would have moved pretty drastically because of this cell phone outage in, like, America.
It's definitely interesting to look at.
And, yeah, man, that was, I had a, it didn't affect me.
I think I have T-Mobile.
But one of my drivers came up to me, and he's like, do you understand technology well?
I'm like, I guess, yeah.
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.
He's 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 hub 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, 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 some kind of, I don't know.
Yeah, that's what I'm saying.
Russia or something?
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, it was all at the same time or 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 go through this and kind of get some housekeeping done.
So, first and foremost, we don't have Thread 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 in to the recordings.
TDA is sponsored by I'm So.
I'm So is a cross-chain, interoperable infrastructure built between Bitcoin and Solana.
It's powered by the Evolve token that you can find on the BirdEye app.
Currently, Chris has a couple giveaways and a couple things going on.
For now, you can 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.
I have to get a signature here and then probably, like, two stops for now.
I have, like, a big bulk stop that has to go to a restaurant.
So, I'm going to have to, you know, kind of be in and out here for the first five to ten minutes just because of that.
So, if 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 the Alpha and the big picture.
And shit like that.
So, yeah, 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, man.
It doesn't matter.
Go ahead.
All right, dude.
So, like, can you tell me?
Like, I didn't get it.
So, like, for the audience, the question was, if the art is inscribed on chain 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 I was confused about.
So, that's what Chief is trying to make me understand.
Yeah.
So, since you...
A couple things, right?
There's a couple, I guess, different ways of doing it.
For one, the whole dynamic ordinals, right, or something that now exists based off of recursion.
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 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.
And then, you say, after block, you know, whatever, 99999, change into the actual or remove this later.
Does that make sense?
So, they set it on chain based off of the future, right?
So, if per day, I think we get what?
Let me see.
Each block is 10 minutes, roughly.
So, we're hitting about 140 blocks, right?
I mean, longer days.
So, we're 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, yeah.
I got that part.
But, like, I thought the art is, like, inscribed on a Satoshi.
It's still there.
Is it then pointing to another Satoshi and sending the same point back to here or something?
Yes, or whenever it says no.
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 can be updated?
Like, they're dynamic metadata?
No, like, you can make them dynamic.
None of this comes by default.
You have to go in there and code all of this stuff yourself.
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.
It kind of sounds meta, but thanks for explaining, dude.
I appreciate you.
So, we got Chief, man.
He's a fucking expert.
He'd break down pretty much anything on Bitcoin, man.
He's a fucking Chief.
Like, 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.
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 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 then the other one grabs that and then he adds another piece and he's the first to do whatever that guy did.
Foreheaded.
Yeah, and that's just how it goes, you know?
So, it's, in a sense, a lot of different ways you can go through it, so.
Yeah, I'm with you with that.
It got kind of sticking in after a while.
But, yeah, no, I appreciate you explaining that.
Sirius, sir, I'm about to go deliver these in this restaurant.
I'm going to say, what's up, the Lou?
We've got Bongo up here and Trill.
What up, Lou?
Hanging out before your show.
Appreciate you, bro.
What's up, man?
How you doing?
Dude, I'm just chilling.
Coming in here.
Got to get some real alphas, Frisk says.
You know, just chilling, bub, and 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 shit on Solana?
But, you know, it is what it is.
I do understand, like, just the historic aspect of it, but it's weird.
You know, like, 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 going to 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, mental shift that we have to see is that sometimes these codes are actually generating the image.
So the code could have things that have nothing to do with the image.
You know what I'm saying?
And then that, as the code progresses down its code, right, its life cycle, the image then gets updated because the code is now doing different things that we're meant to execute five years from now or 50 lines down the command line.
So stuff like that, it gets a little bit.
So, Chief, is this, like, programmable NFT?
Is this, like, fucking X-NFTs on Bitcoin, essentially, what you're saying?
Yeah, 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 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 a sense, a computer on-chain and through recursion, reference every single part of it and then compile it on a command line and then run it.
Is this what Trevor did, how he got that SNES thing on to ordinals, like, inscribing that?
Kind of, yes.
Right, he, in a sense, grabbed and referenced, you know, a ROM or basically an emulator, either compressed it down, inscribed it on there, and then, 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 Gitbook to know exactly the way he did it.
But it's just that that's the cool thing about Bitcoin is because it runs, like, just a computer and a command line.
If you can execute it on a computer, you have the biggest computing power at your resource, which is Bitcoin in 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 art is actually generated through SVGs 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 block.
It's like, if this block 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 is saying you minted something and then later, like, the images got up later.
I was like, well, does that mean that anyone can inscribe anything on any set?
So, like, if I buy a notemank from you, can you still, like, inscribe something onto it?
Like, or is it just the owner that can, like, link an image to that token?
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 notemunks, but if you want to go and you find a notemunk that you'd like and you say, hey, this is going to be the parent for whatever, right?
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 notemunk 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 is like the official one?
There isn't. That's the beauty.
Well, the only official register I would say would be Casey's, right?
And then from there, everyone else has copies of the Ord client on their own nodes, right?
And now it's to the point where Ord nodes are big enough 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.
But the thing about Ordnals is they're marketplace and kind of individually indexed, right?
So you have to have access to like Magic Eden's indexer and Unisats indexer.
And, you know, each one has, in a sense, technically their own specialty, right?
Like Unisats is more for tokens and new meta protocols, right?
Like BRC20s.
And then you have Magic Eden who's trying to do the digital artifacts and then like the NFT side.
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 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 to kind of automatically update it across.
Interesting.
Yo, thanks.
It's very technical and that's why I feel like sometimes it's okay to do these every once in a while because we assume that people understand all this and I'm still learning.
Like I learned and listened to that and I've been, you know, we've been both in Bitcoin since like May.
So I think that it's good that we have Chief up here and just kind of refresh and, you know, teach a little bit more about how all this stuff works.
Because Ordinals, I mean, obviously is taking flight, you know, prices are going up, you know, collections of all sizes 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 it to Bongo and then we'll get into our first topic.
Do it, Bongo.
What's up, brother?
Yo, GM, GM, loving the combo.
Just a quick thing that hit my radar this morning.
Wells 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 few months.
Yeah, and we faded that shit.
We are morons.
They just added Camino.
Camino is one of the platforms in which people are farming the most now in Solana.
And you can basically lend USDC and earn points.
And you can go ahead now and sell it for actual money in Wells Market.
If anyone is interested in a play like that, it's a good way to hedge your investment, I guess.
Bongo, what are they trading at?
I'm not sure.
They just added.
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 the future air dump that they will have.
It's kind of risky because you never know when the air dump is going to happen.
But it's used more options to consumers here.
Dude, Wells Market was just one of the most obvious plays.
And I just feel stupid for not doing that one.
As we're going into airdrop season and 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 a utility with their token loose where if you stake Whale's token, you get 20% of all the fees that are performed on the market.
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 at like $0.04, $0.05.
And then I saw it at like $1.50.
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, A-E-V-O, 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-market.
And using the platform, we'll generate transactions.
And then 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, AVO doesn't have a token.
And you can use that platform and possibly get a token.
So A-E-V-O.X-Y-Z is it.
Bro, if I hear Paradigm, I think Ponzi.
Well, you should, bro.
So get in early, bro.
That's the point.
Get in early when you hear Paradigm.
It's like just say it was an airdrop that wasn't backed by Paradigm.
And you got $100 off of airdrop.
But the fact that it's backed by Paradigm, 5X is that airdrop.
Because they don't fuck around.
They got market makers on market makers.
So that $100, because Paradigm is, it'll be $500.
Wasn't Frentech backed by Paradigm?
Yep.
Yep.
Yep.
And I'm sure Frentech fucking points will win.
Yeah.
Well, you can probably be like Portal again, bro, which will be fucking Max Payne.
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.
Wait, do I?
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?
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 of escrow when the points are distributed.
No, no, no.
Wait.
He's talking about PortalCoin, bro.
Oh, PortalCoin.
Oh, you're talking about points.
Oh, yeah.
I was thinking you were talking about Frentech points for a second.
My bad.
I'm getting all fucking out of proportion.
Yeah, but didn't they say they're TGs on the 29th?
Yeah.
PortalCoin has already been live and trading for angels and pre-sale investors.
You can go on the actual platform and the portal, I guess, I mean, for lack of a better word, and check your allocation.
I've seen a bunch of screenshots, a bunch of homies that I know that were, you know, heavily farming that shit.
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 from on the timeline yet.
So it's just, like, actual people that put money in.
And then it's going to, 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 Twitter and shit.
But it's currently trading at 35 times the angel price and 15 times the public sale price.
It's nuts.
It's nuts.
And I guess the big news was NVIDIA yesterday.
I told you after the show that NVIDIA earnings are coming around around $3.20, and based off the earnings is going to determine if the AI narrative pumps or dumps.
Well, earnings came out really fucking good.
Like, NVIDIA reported $2.2 billion in revenue in Q4, 27% higher than expectations.
So a little, some TLDR on it.
Or too long, didn't read.
NVIDIA says demand still far exceeds supply for its products.
Conditions are excellent for continued growth.
Into 2025, NVIDIA spent $9.2 billion in cash on share buybacks.
Data center revenue of $18.4 billion is a new record and above expectations.
NVIDIA has not received a license to ship restricted chips to China and started to ship alternatives to China market in small volumes.
NVIDIA crushed already high expectations.
And market opened and NVIDIA went to an all-time high.
It's at a $2 trillion market cap, which is just below, I think, Google and Apple, which is absolutely fucking insane.
And now all the AI coins are pumping.
Fetch 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 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 longed Render, and that's up pretty nice today, too.
So Drift Protocol, I was looking at Drift.
I'm like, all right, what's an AI coin here?
Oh, Render's good enough.
So I longed that, and I closed it this morning after I saw the fucking crazy pump on NVIDIA.
I think I had made, I think I had, like, a 4X leverage on there.
I'm not degenerate.
And I think I made, like, 55% or something on it, which was, like, a clean, like, 5 or 6X.
So that was a nice play.
And you could have came on board, too.
But, yeah, this AI Nair is just heating up.
I think my only AI coin, I think you guys should all have at least one AI coin.
It was Fetch.
Fetch.ai hit an all-time high today.
And it's on the positive.
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.
It's like $1.18, which it was at $0.60 this time.
It was at $0.66 just this time last week.
So it's up, like, 78% in the week.
And something that is part of the Cosmos ecosystem, it's a layer one.
And we just saw, like, BitTensor is the leader here.
And they just started having people build dApps on top of BitTensor.
And I think Fetch.ai is going to do the same thing, where it's a layer one.
And they're going to have dApps 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 going to get the token for free.
So I think it's probably 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 dApps get started building on Fetch.ai, I think that Fetch holders and stakers will be rewarded those tokens.
So I think that's the alpha right there, is to get some Fetch.ai and stake it and just wait and be patient.
So go ahead, Luke.
Yeah, dude.
Just as we're talking about NVIDIA, I just want to, like, kind of bring up some tech news that we also saw.
AMD and Wormhole just announced a partnership.
And, like, guys, this AI narrative is about to go fucking crazy.
Let me fucking tell you.
Expressor, 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 prime me up.
But, dude, yeah, I don't know.
I'm just excited to see where this is all going.
Seeing more, like, mainstream tech companies get involved in the crypto side of things.
We've deepened, taken off.
It's just exciting, man.
I'm hyped.
As bullish as I am on AI, just know that if these AI companies were worth a 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 market caps of the stock market and the NASDAQ, I think this will continue.
But, like, if Fetch.ai was that great, don't you think they would be going the same route of NVIDIA?
So, the fact that they're in Web3 makes me think I'm not as confident that these are something that might 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 just more of a long-term investment, right, like thesis and route.
So, you know, looking into the deep end, right, I'm really looking into AI just due to the deep end aspect of it.
And it's just interesting is how a lot of these deep end 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, 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, just market share fragmentation, right?
Because if I want to get access to, let's just say, street metrics, I'm not forced to 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 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 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.
Yeah, I think deep in finding the deep in AI combination will be a big one.
We were talking yesterday, if all this AI and you need, you know, storage to train these models, decentralized storage is going to be huge.
And that's why I'm saying that's a perfect product market fit.
In crypto, we rarely have that.
Like Akash Network does that.
Render does that.
So, 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 people pivot and change their roadmaps into AI.
And I don't know if this is true or, like, I just noticed this and I haven't been on the homepage.
It's grass.
Grass, I went on their website today and I think they changed.
They said, 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.
Have they?
Yeah, so basically, they lend out your bandwidth, your internet bandwidth, to allow AI models, just think of, like, hashing power, right, 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.
So, if 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, yep.
And, like, there's not enough GPUs out.
So, what is the best thing to do for all these AI companies?
The storage is the source, this computing power from other people that have excess of it.
So, I definitely think the centralized 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're into deep-end.
And maybe even getting 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 about tout?
Yo, Gmog, bro.
Yeah.
I'm not bullish.
Gmog.
I'm not Gmog, Luz.
I'm not bullish on the, what do you call it, internet thing, just because, like, dude, fuck that.
Like, it's going to throttle the fuck out of your internet, and they're going to end up, like, you're going to end up out of data, and you're going to, 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.
So, 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 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 processing power and everybody needs all this rendering and hash power and so on and so forth with GPUs.
Like, how much more can it keep fucking going up?
Like, 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% of the time, you know, for now.
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 is in trajectory to become, bro.
The one that's the chips for the cars, the one that supplies the chips 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, 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, 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 boat.
Like, what's the best I could do?
Go back, double your money.
You know, if I buy, like, a single share and it goes up to $1,600, I double my money, I feel like I have better opportunities with free capital and a lot of other things.
The narrative pumps off any kind of update on AI, bro.
So, like, do you continue to see more and more updates from OpenAI and Grok of new things?
Like, this started pumping last week when we got the fucking Sora announcement.
So, every time there's a new development in AI, all the crypto coins pump.
So, 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 coin.
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, I definitely think this one is ripe to kind of lead us 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 narrative because 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 connections that we don't know, right?
So, once again, big into the deep end 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 I think the easiest thing to me, the way it's looking, right, is I picture, like, those old 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 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 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 into D-PIN and RWA, you realize that the way that this information is being processed isn't your traditional SQLs or databases.
It's actually using machine learning and training agents to tap into the blockchain and use XYZ extra because they can do that.
You know what's fucking crazy?
I always, like, I always assumed that the next thing that would be, that would come after AI, which obviously AI 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 QPUs, not GPUs, like quantum processing units.
And I just found a fucking article that NVIDIA is working on integrating QPUs and, you know, working on some type of product related to that.
Like, this shit can literally go up forever.
I'm 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 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.
Now we've got to find the next big fucking thing.
What comes after AI?
What comes after AI?
Uh, RWAs.
Dude, RWAs is AI.
It's just like a fucking...
I personally think...
What?
Decentralized file storage, bro.
That's the next narrative, bro.
Oh, fuck.
I'm trying to buy corn on chain.
What do you mean fucking RWAs are the next thing?
Well, like, look at typically how this works.
How does it work?
We have the layer one cycle.
Everybody comes on layer ones.
It's like, man, layer ones are expensive, and then layer twos take off.
We see that with Ethereum.
We see that with Bitcoin.
The same thing's going to happen to AI.
AI's going to be like, all right, the AI narrative's popping.
Well, how do we store all this stuff for machine learning?
Oh, we need more excess 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 Filecoin.
Does Filecoin have an announcement partnership with Amazon yet, or is that not announced yet?
Are we Filecoin, fucking Akash, fucking Render?
These are all ones that pump right after.
So I think that's going to be the next phase.
But real quick, I shared something up to the top.
I mean, it broke 20 minutes ago.
Semi-breaking news.
But Nigeria, I know that Nigeria is, I mean, we've even seen their crypto kind of community
and just kind of get bigger and bigger in adoption over there.
Shit, the Jamba phone specializes in Nigeria, which is fucking wild.
And Jamba just partnered with Aptos for, you know, that crypto-based phone and that adoption anyway.
Anyway, bans the following crypto exchanges, 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 how this is going to play out
or if they recant this decision, I mean, I don't know.
It just broke a couple of...
Did you see what the European bank did?
The European Central Bank did?
Yeah, earlier, similar.
Go ahead.
I mean, they came out and basically said that Bitcoin, I'll pin it up, is actually fucking nuts.
Just imagine if, just imagine if Jerome Powell and the Federal Reserve came out and said this shit.
But, 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 that you have 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 instead, failing victim to fraud and manipulation?
Didn't JP Morgan get, like, fined, like, $21 billion 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 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 in other countries, there are 14 countries that Bitcoin is 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.
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, fuck off, respectfully.
Like, literally go fuck yourself.
It's called the Streisand effect.
When you tell people they can't have something, they go harder and harder to get it.
So, I think this-
Dude, and what do you think normies?
I mean, normies are not even here yet, bro, which is crazy.
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 we wanted higher.
You know, we had Chris preach to 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 there.
Ooh.
How are we determining if retail is here or not?
I guess we-
I saw a post today where someone searched the halving 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 is the halving.
So, the halving is actually going up in search terms.
And I guess Coinbase downloads.
And I found this Telegram app that helps you out and do that.
So, I'll pin it up.
It's called t.me slash Coinbase app rank.
It basically is a Telegram bot that tells you how many people have downloaded the Coinbase app on that day.
So, I think this would be a good app to kind of determine if retail is coming by these downloads of this app.
So, I'll pin it up there for you if you guys want to subscribe to it in your Telegram.
I think it's pretty cool.
The 21st, this is app rank, February 21st, 8 a.m.
All apps, 357.
On 8 p.m.
It's at 379.
So, just yesterday, we had 357 downloads of the Coinbase app, which I think if we're going to have alt season, we're going to need a lot more than that.
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 going to have altcoin season until we get retail here because they're going to be saying, man, I can't afford a Bitcoin.
So, I'm going to buy 1,000 doge.
And small number theory is going to pay off.
So, I don't think we get this parabolic bull run actually until retail gets here because those are the people that are going to buy the altcoins.
And a lot of why this movement is happening right now is because a lot of people are buying Bitcoin.
So, yeah, we're probably not going to get altcoin until we get this Coinbase app downloaded up a little higher, bro.
And it's funny because if you look at the actual chart of just, let's just say a basic bubble chart, right?
You have your alts bleeding in the last week or so, damn near to double digits percentages.
But then you have Bitcoin kind of riding strong.
You got ETH ripping, you know?
And then in the timeline, it's not the same bullish sentiment of, well, Bitcoin's holding steady.
Well, ETH is hitting 3K.
It's a little less quiet or less rowdy, right?
A little bit more quiet now that all the alts are bleeding, right?
Which really shows that a lot of us have heavy alt exposure right now and it's predominant over the majors.
So, I don't know.
And I guess the news of Genesis, too, 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 Munger.
Bitcoin miners had the most aggressive sellers in 2024 and is likely the main cause of sell pressure since the ETF launch.
The good news is their wallet balances are approaching hysterical lows now.
We should see the selling abate soon and see them accumulate coins again.
So, right before the halving, 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 probably a reason why.
And I think that a lot of people are saying this $51,000 market is a big area we need to hold.
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-having, we're 30% from all-time high,
which is the highest we've been 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 one's this time different as cringe as that sounds.
So, we'll see.
Go ahead, G.
I wanted to do, like, a major, you know, like, burn.
But, you know, you got the earpods in.
It hurts.
Respect.
Eagle Air.
There you go.
I mean, that still hurts his ears regardless.
I know how to push the buttons.
Come on.
Anyway, Egan Layer.
A16Z.
We're excited to announce that Egan Labs, the core development team contributing to Egan Layer
and Egan DAO, or DA, has raised $100 million from A16Z crypto.
So, I mean, I know you were bullish before on Egan Layer.
I feel like this is just the cherry on top.
You got to be bullish before everybody's bullish, my guy.
Oh, yeah.
You got to.
We were bullish before A16Z on Egan Layer.
And the best thing about this is none of you motherfuckers can now say, oh, I got a signal now.
I'm going to go buy it.
Nope.
Taps are fucking locked, and you guys can't get the fucking.
And that's what I was about to break down, dude.
You had two chances to get involved in this.
You had your early kind of adopters when they opened up the pools originally.
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, this is kind of just rubbing salt on the wound.
But A16Z injecting $100 million to support Egan Layer build out an infrastructure.
And, I mean, data availability is here to stay, bro.
So, all those points got juiced up, I would say, by, I mean, even if I was getting a penny,
I mean, all my points are now worth a dime.
And that's cool with me.
You know, like, that's a small, small incremental stacks.
So, that was big.
I heard a lot of people are now kind of bullposting alt layer because of the, I guess,
roll up as a service that kind of uses Egan Layer and data availability from Egan Layer.
So, I got this from him and it made me think of it.
Seems as alt has won the decentralized sequencer race with the restaking rollups.
R-A-A-S, his roll up as a service, also seems to democratize and process the making networks.
This level of accessibility, used to gatekept much more, pick a stack and pick your DA.
So, a lot of people are now bullposting alt layer now because of this.
So, we'll see where it goes.
I mean, I'm excited now.
Like, I'm in Athena.
I'm in fucking Egan Layer.
I'm restaking in Celestia.
So, data availability, like you said, is continuing to go up.
And I saw Whales Market is now, I guess we talked about that yesterday.
But the shards are now on Whales Market.
So, if you are in Athena and you're staking, like, this U-S-D-E for 27%,
yeah, Whales Market, you could sell it right there.
So, Athena shards are selling on Whales Market.
One Braille sold 50K shards at .004 a shard.
Holding one naked U-S-D-E gives you five shards per day.
So, two cents per day at that price, equivalent of over 7,000% APR.
So, I don't know.
Bro, you're a full farmer this year.
I love it.
You got to launch a farmer.
I mean, what are NFTs, Ash?
What are NFTs?
You hold this NFT that you spent, you hold it for free money.
Like, it's basically just the same thing, but I'm holding coins instead of a picture.
Like, okay, I'm taking my $1,000 in this while making more coins,
while I'm getting free coins airdropped to me like Ford Apes 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 going to 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 5,000 wallets,
10,000 wallets with crypto in it.
You don't have to do shit.
You just got to 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.
Another one that's being slept on, dude, is, I'm going to say it again, the JL people.
And then we'll kind of hit the hands and just move it around.
But the JL people on Jupiter, it's the coin and the liquidity that funds DGEN's 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, ETH, or SOLE, right?
And these are the currencies that they're essentially going to expand out into their perpetual platform, I'm assuming.
But for now, that's the liquidity that's in the pool.
There's $171 million 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 DGEN's 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 up only, literally.
The only way, and just to kind of, let's just be transparent, that we could, in a 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 trades, and they take all the casino's money at the same time.
If you don't think that's going to happen, then you can go be the casino, and go deposit some of your bread.
It's 143% APY.
So, just throwing out JLP, I mean, I've just been slowly stacking my money, and not doing jack shit, but just watching people degen their money away, so.
Yeah, as long as Sam Bankman, Freed, and Doquan are in jail, I don't know if everybody can hit the sell button at one time, so we'll see.
So, maybe there'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, and then we'll get in.
I pinned up the mint list today.
It's a pretty busy day.
Mints, I know we got Persona Journey.
We got some things with Skyborne Genesis.
We got a bunch, so I'll go into that after.
Wizards of Bored.
Yeah, it's so crazy today.
It's fucking, it's a busy day.
Well, 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 2019.
So, before we hit the hands, we get to the mint schedule.
If you guys are on, we had Dario speak here on the TDA.
I know we gave a little bit of an allocation.
I know he's from Super Rare, and other people are following it.
So, if you're on Flux, 19 minutes for the guaranteed whitelist side.
So, go ahead, X.
Or Gambler, go ahead, man.
I saw Steven's hand go up on the Flux thing.
We can throw it to him if he wanted to add on that.
Steven, did you want to go first?
I'm just going to say one very, very quick thing.
Yeah, go ahead.
I'm happy to toss it back to Gambler.
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 very behind-the-scenes bullshit that shouldn't matter.
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 out happens pretty damn fast on this one, I'm betting.
It's $15, bro.
If you can buy, you can't, and you don't want to waste $15, I'll go waste my $15.
Just let me know.
Appreciate that, Steven.
Go ahead, Gambler.
Yeah, real quick.
I'm going to do my best to provide a little update on the Say side, specifically the JPEG side.
So we have Say coming in at $0.84 today, again, down 15% from the top, the recent top, all-time top of the dollar.
I also went ahead and screenshotted the top volume for JPEGs on Say, and I'm going to pin this up just so folks can get a little bit of a visual
and kind of maybe for folks who are interested to get an idea of what the top projects are.
It kind of helps when you hear floor prices.
So Colony at $600, Say, again, Say is at $0.85, Say and $6.90.
We bump $1,440, Dobbs down to $3.90, Yaka, Cappy, so you can check that out.
There's a ton of mints going on today, but one that I'm looking at, and I know a few people in this community are looking at,
is kunks.say, so that's kunks, Q-U-N-K-S underscore say.
I just pinned up a rundown from a very trusted caller in the Say side.
If you're looking for somebody who can follow on the Say side with nodies 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 projects' discords.
So, again, the ecosystem isn't that big, so when you have money moving, you know,
and influential folks, sometimes it's good to pay attention.
So kunks.say or kunks underscore say, 3,333 supply.
Public is going to be in three hours.
The art's pretty dope.
I do have whitelists, so I'm going to be minting in a couple hours.
There's some FUD that I don't know too much about, but if you're interested.
And then the last thing is Alives.
I know you guys are probably tired of hearing you talk about Alives, but they just keep shipping.
So they just announced a new airdrop for all Alive holders,
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 4,444-piece collection.
3,333 of those are going to be airdropped, one for each FUD Fox JPEG.
So not per wallet or per holder, but per JPEG.
If you're holding three, you're going to get three.
And then 1,111 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.
I mentioned it was holding 100 Safe Floor on Tuesday when it dropped, and it's still holding.
Simply, the artist is doing a great job of gamifying.
He's adding mechanics to add demand to 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, Awakening.
So it's still holding that 100 Safe Floor, which is like about 100 bucks.
And then the actual Genesis Collection, Alive, took a slight dip after Snapshot to mid-400s, and it's sitting at 600 Safe now.
So I still think this is a good mid-long-term bet.
Easy.
Schmidt, short-term, make your own call.
But that's what I got.
Appreciate you, man.
Thanks for keeping us updated on this day.
I know that's popping off even more every day.
So appreciate you keeping us updated on all the things minting over there.
I guess just looking at the mint list, 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.
We have Wade Side, Persona, Synergy Land, Revolving Games, and Grab a Bite.
Chia, Gong, Kwong, Avante Art, Felix, Felix, Felix.
We have Bodo and NFT Paris, The Wizards of Ord, Historic Crypto.
So then kind of getting more, we have Dario's.
We talked about that Flux, Modest Shadows, Floor Icon Season 2, and McBest Summer 1994.
So I went and I looked.
I was like, all right, which ones intrigue me the most?
Or I felt like it could be something.
And Wade Side, I think we have something to do with that.
I think we have a whitelister.
It's a raffle.
So Wade Side, Private Sale, I&O, Auction Update.
They have Ethereum raised $262, current settlement price is $0.13E, and auction ends four days.
You can go to mint.wade.club and go on that.
And then we also have Dario's.
We talked about that.
It 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.
We have Wizard of Orbs, which is going on Bitcoin.
They have VIP at 11 a.m. Eastern.
That shit's at 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 public mint 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 people will post about that for a while.
We have Revolving Games.
And I think this has something to do with Skyborne Genesis.
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.
So it says big, this is, so mint starts at a.m. C.A.T. for gyms, immortals at whitelist, 9 a.m. C.A.T. for collab and whiteness, 3,500 of 499 minted during pre-sale.
So there's 465 left.
Persona also did mint tomorrow but will not be tradable until the public raffle ends.
So you need to know that.
Basically, bytes will have a full day of trading before Persona goes live.
Keep in mind, bytes royalties will be used to buy back gyms.
Gyms equal token airdrops.
Bytes equal 0.2 ETH token pre-sale access.
So it seems like people are trying to get some allocation to that.
Synergy land.
I don't know much about this, but I'll pin it up.
First round starts at 1 p.m. UTC.
Around 200 entities 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 going to throw it to Trill because he's our collab manager.
I'm sure he wants to talk about 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.
So, yeah, you kind of ran through the two that I wanted to talk about.
But, yeah, so we have Flux.
So thanks for throwing that up there for everyone to see.
And then we do have Waitside.
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, at this type of auction.
But there's a ton of resources to kind of basically fill you in on how it works and how it'll pan out over the next four days.
So if you did win that through our raffles, just double-check.
And if you want to participate, it's going to be going until the weekend.
So then, yeah, Flux looks like it should be a good one.
And the other one that I just wanted to pin up is something that I guess people have been asking me about.
But we do have this Chumps on Soul.
And so if you want this, I'm going to pin this up.
The details are in the Jumbotron.
The website is a troll.
So if you want it, don't use the whitelist checker on the website because 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 please stop asking.
That's it.
Appreciate you.
What do you think Persona Journey does today, Trill?
Are you interested in that art?
It seems like a lot of people are.
It's interesting because it's another auction, right?
And I think .29 is, like, the max.
So I know Ding-a-ling is being on it.
I know it should do pretty well.
So 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 of months.
So you got affected at any now, which I forgot, right?
Like, you buy it for .3, and then it's an extra .1 for gas or some bullshit.
So I think it'll do well.
I think it'll rip once it ends.
And, Chief, any comments on the art?
Well, that's what I was going to 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 a motherfucker.
Like, no one in real life would literally reenact that shit.
And then who's going to put that as your piece?
Like, what are you scared of?
Who are 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 going to get robbed from the front.
Like, that's the worst part.
You have to rob them.
They're going to need, like, a chiropractor, right?
They're going to need a ring dinger.
Yeah, I just don't get it.
And no one's honest.
No one has been honest on the timeline.
All them influencers got whitelist, bro.
Everyone lied about the sneak peeks.
I should have known y'all were liars about that.
Like, everybody lied so they got the same sneak peeks.
Look where they came from.
Like, you heard about their, like, their Web 2 game, their fantasy game, like, SoRare.
Obviously, these motherfuckers have experience 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've built this fantasy thing that's gone.
I don't know how it's gone 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 whitelists, 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, you know, last time I thought this was fucking Sugartown.
But, you know, that kind of proved me wrong in the long term.
I was like, man, everybody's bullposting Sugartown.
Oh, my God, Sugartown.
All the influencers have it.
This is going to be a fucking pump and dump.
And it ended up fucking going all the way to .6.
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 their past projects and shit.
Yeah, but how come no one has ever, I just.
Okay, yeah, you're right.
I'm wrong, bro.
You're right, bro.
I just want someone to say, hey, bro, you don't understand they're facing like this because of X, Y, Z.
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.
We're going to buy some personas.
I'm like, all right, that's cool.
I mean, I'm not going to hate them.
There's 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 high school prom date and you can't reach.
I'm just being honest.
Your leg's up.
If you got that stance, the persona stance, your leg's up in the background.
Let's go to floor and then we'll go to Steven.
Hey, Chief, you got me cracking up here, man.
That's crazy.
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.
So, GG is king.
But, no, I wanted to touch on what you mentioned about Eigen.
So, A16Z has been working with Shuram, the founder of Eigen, for a very long time.
That guy's base, man.
He's a tenured professor, which means that he gets his salary, but he can build whatever he wants.
Like, he can take a leave 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 have developed blockchain products that are incorporated in Chia.
I don't know if you guys know Chia.
And also Algorand.
Like, so, this is not, like, their first, you know, foray into blockchain, Eigen, layer.
They're massive, dude.
Like, this $100 million funding or whatever it is from A16, it's, like, it's nothing.
Like, it's just validation for what Shuram has been building for a long time.
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 peer-to-peer mobile communications for the government.
Like, you know, he actually tried to do what he's doing with Ethereum, with EVM, 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 on their virtual machine.
But, yeah, so, the other thing you mentioned, Chief, that data availability, that's just the first product, the first AVS that they're rolling out, Eigen.
They're not, like, 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, it's there forever.
Which is what sharding intends to solve.
So, basically, Eigen is just front-running that.
And for L2s, they need to post certain information that they need to be able to recall within a certain timeframe, like one week, two weeks.
They all have different parameters, each L2.
So, what data availability is all about is, hey, don't post this data that you only need for two weeks on the mainnet, which is very expensive.
Like, post it on this layer that we're building on top of the virtual machine.
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, have a good adoption on Cosmos, right?
But it's just one of the things 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, bridges.
Although, bridges are going to be phased 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 X, because that's where, that's my alpha for the day.
There is this, there's this company called Pike Finance.
I'm not sure if anybody's heard of them.
But they, what they're building is a universal liquidity protocol that is going to allow you to basically tap into liquidity that you have on other EVMs and non-EVMs.
So, for example, if you have assets on Arbitrum and you want to go into USDC or you want to go into Ethereum, now 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 SEX to get that asset.
You'll do it all from Pike because they have, they're using the CCTV protocol from Circle.
So, it's USDC.
And they're also using the cross-chain messaging protocol from Wormhole.
And actually, the guys from Wormhole, which used to all work at Polkadot, same things with the Pike Finance guys, they tapped the Pike Finance team to build this.
This is their flagship product so that, you know, whenever you need to stable up, then you don't need to go through bridges, which are very, are not very safe.
Or you don't have a liquidity issue for USDC.
Oh, on Arbitrum, there's not enough USDC at the moment, right?
That's all going to be gone with Pike.
Right now, they're on their mainnet beta, and you can get a beta tester tag on the Discord.
If you just supply liquidity, like 0.1 Ethereum, it could be 400 USDC or 10 Arbitrum or 10 Optimism.
So, if you provide any of those, if you LP any of those, you get the main beta tester tag.
And if you provide all of them, you get the beta maxi tag, and you only have until the 25th to get this.
So, if you do this, I'm sure you're going to get the Wormhole, because literally, you cannot have Pike Finance without Wormhole, which is taking over the blockchain ecosystem, by the way.
And they're also very close to the Monad team, and that's going to be another cook.
Did he rug?
He rug.
He's getting on that Helium Mobile.
Yeah, I was just checking my Wi-Fi.
You know, there's been some cell phone allergies 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 Russia attacking our cell phone services just to teach us a lesson.
So, they have to have some boogeyman to go into the elections, and it's Russia again.
There we go.
What's up?
Go back.
You were gone for about 30 seconds, my guy.
Oh, fuck, man.
But just...
Oh, fuck.
What was the last thing I said?
Just conclude on the Pike narrative real quick.
Just conclude on it.
Yeah, so just supply liquidity.
So, you get the mainnet beta tag, or supply all of it, which comes to like $1,400, I think.
And you get the mainnet beta maxi tag.
That's gonna be very good for you in terms of urgency.
You're gonna get the wormhole, and you're gonna...
You're out of there.
You're watching soon.
Yeah.
Yeah.
We got it.
We got it.
We got a majority of it.
You were 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...
Well, just 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 before.
Let's go to Stephen Miller.
What's up, Stephen?
GM, MFers.
Normally, I don't start out like that, but the truth is, this audience today has 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 are 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.
The first big one I want to lead with that is the most outside of my purview, so to speak,
is ENS just made a really big move forward with Uniswap.
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 domain that is your name or
whatever you want, .uni.eth, for free using the Uniswap wallet.
So that's pretty bullish, in my opinion, mostly for ENS, 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.
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 as NFTs.
They were originally generated back in 2015.
It's worth mentioning that they were dumb cheap for a minute, and now they're sitting
at a one-eth floor.
So there was 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.
Outside of those two, the big thing that I wanted to draw attention to is mints that are
going on right now.
We have roughly an hour left right now on the ranked auction for Kettle Go Leeds Monument.
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 their mint in two phases.
They broke the 180 supply into two halves, 90 and 90.
And the first half was just for existing collectors and holders of Kettle Go Leeds 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.
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.
For the work that this is and for the potential of having a physical redeemable after the fact
and it just being Kettle Go Leeds, 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 y'all need to wake the fuck up.
The next one that we heard about earlier from Expresso for a moment was a drop coming from
McBeth called September 1994.
It is part of a larger exhibition going on over at NFC Paris.
And it is really unique artwork.
I don't think that there are many artists in our scene that kind of take his style or
their style.
So just worth keeping an eye on.
There are open editions for it.
There's a limited edition available in it.
And there's a 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 the drop that is coming up today from Anna Maria Caballero and Melissa Wideracht
that is dropping, I believe, as part of NFT Paris.
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 pinned to the top for you.
But again, retweet space if you've not.
Otherwise, I'm pretty confident you're going to 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 Broth Co. at Marfa.
Do you think there's going to be anything like that at Paris where we just end up in the
middle of the night all getting alerted that, hey, this mint's going live from some notorious
artists?
Is there going to be any stealth mints, you think, this weekend?
I think it starts today.
You're thinking correctly.
The one that I am a little skeptical to bring up right now is a drop that's coming from Dimitri
Cherniak.
He teased it last night.
There's no info on it.
I don't know what the supply is going to be.
There's so little said about it right now.
But if Dimitri Cherniak is going to do something that is a stealth drop during NFT Paris, you better
believe that more people are going to.
It's one of those things that when big names start pulling it again, everybody else will
follow.
So good call, Espresso.
If he drops some more SVG files, you best believe we're inscribing that shit and creating
a collection like the Hongs.
So that's the last time he did that.
And everybody just took that and inscribed that right on the Bitcoin and created a whole
community around Dimitri Cherniak's gooses.
I think that was Dimitri.
So I'm, I mean, 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, Stephen, 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 it's open edition.
So maybe not bad to grab that.
Um, BlackRock is hosting an institutional digital asset summit today.
Do you think people are going to leave that summit wanting to buy Bitcoin?
I don't know, man.
Let's see how good Larry Fink 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.
Mm-hmm.
So these fucking Bitcoin puppets have been fucking bullposting for the past month that
they're going to flip node monkeys.
Uh, I guess that didn't happen.
Sorry.
Uh, we went up to half a, a quarter of a Bitcoin, uh, last night.
And I'm kind of suspicious.
Do you guys think this is pure, um, Lenore or these board apes that are like, I'm fucking
sick of this execution risk.
I'm coming over to the ordinals where this is just an art project.
Do you think it's just board apes leaving and buying this?
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, uh, leaving.
And then now they're trying to make their pivot here or is this people just following
Lenore?
Just to clarify, pups never said that we're going to flip them in the short term.
Okay.
Uh, 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 going to flip it.
And that was tip.
That was the bottom.
That was at 0.14.
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 to him, but like, I'll, I'll be honest.
I have a list of MFers 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 listened 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, uh, decentralized toast yesterday 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 a rock is, 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, uh, like pre runes allocation for just holding a node monkey?
Cause 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 going to be, sorry, made me think yesterday, like, what are some other ways to pump this
price?
And it's obviously free money and free NFTs.
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.
I don't think, 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, bro.
In my, 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 go.
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 time.
Perfect time, bro.
Dude, you got, like you got pretty much everything I've gotten and didn't have to deal with all
the rugs during the summer, bro.
Like you came in and you fucking pretty much have gotten everything that I've gotten.
Well, that's what I will count all the assholes.
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, or all of it is permissionless.
Like you can go to best in 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 Fimojis.
I mean, I've been talking and bullposting Fimojis for fuck, like two months.
And I just explained to you guys, that man's not going anywhere.
Right.
He has Generate Ord.
That's not, he's not doing anything.
This is what he does.
Right.
And I mean, they're up three X 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 slots.
So the idea of airdrops on Bitcoin, rune 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 going to airdrop shit, they're
going to 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 paying for this advertisement
is stupid expensive.
So airdrop motherfuckers shit.
And they're going to be stupid loud 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, 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 costs $7,500 to airdrop.
All of them.
Team treasury, 6.6%.
Floor price, $900.
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.
You 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, it was barely, but like, uh, B-Check put this together and I
didn't even realize it was this far of a distance, but Node Monkey's market cap is
$121, $120 million.
Quantum Cats is 39.
OMBs is 85.
Bitcoin Frogs is 82.
So like the market cap of Node Monkey's is, is, it's like an outlier compared to all the
other market caps, uh, in Ordinal.
So it's 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 Ordazar?
Yesterday.
Did you see this?
I'm revealing a new era.
Ordazog is no longer just a platform.
It's a community driven powerhouse.
How to airdrop more details coming soon.
Like, didn't we use Ordazar for common ears?
Well, Ordazar is the degenment for like Node Rocks and all that.
Okay.
The one that the gift.
We've used it before, haven't we?
Yeah, for Node Rocks and Pixel Wizards and Node Pepe's and Pepe Wizards and all the degenments
that were cooking up and incubated came over from over there.
The majority of them, right?
Um, the, what was it?
The Mickey Mouses, 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?
Like, I know that apparently Ordazar 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 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.
Um, so that could be what they mean by a public or community driven powerhouse kind of thing.
Um, you think if we use 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, a whatever.
In a sense, 90% 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, 10%, utilize the platform, register yourself as a creator.
Yeah.
Shit.
My, my mute button was broken there.
Yeah.
That makes sense.
Um, got to talk about scallops and if you're a piss staker, they're just kind of doubling
down on this.
So scallop is basically on the 21st to the 27th.
The 27th, they're apparently going to do this airdrop.
It says supply slash borrow TVL, a hundred 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 airdropping fifth holders, their, their
coin.
So I guess keep your eye out on that.
And I guess the one thing, um, that happened yesterday that was also kind of interesting
was Ninja alerts inscribed a new grandchild that has several encoded binary child
inscriptions.
Is this like a secondary collection he's coming out with using parent and child inscriptions
for ninjas?
I'm just, I'm just like, that's very early to relaunching a secondary collection.
So I was wondering like, what is, 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.
Like, 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 fi, 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 fi 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 sheet?
Well, yeah.
Cause, um, McDonald's has nine gags changed his PFP yesterday to the McDonald's, right?
To the captain with a W.
But I guess what a lot of people don't understand is like the McDonald's, I guess 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 in animes, at least in the older ones, they
used to do the upside down M.
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, not necessarily on the web three
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 Lori L'Oreal 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 they're.
And I was like, cheddar apparently has a connection with this guy.
And like the guy that was part of their web three 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 nuts.
Bro.
Um, I mean, all right.
Yeah.
I was like, I don't know.
Nothing says, nothing says like classy, like McDonald's nail polish.
Well, I'm just, 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.
It's an anime 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 anime.
So a little bit intense.
Gotcha.
Let's go to Steven and 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 Vera Molnar'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.
Um, and that is officially announced as Bernard Vinay, um, or Vinette.
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 sixties.
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, um, math
art, computer art, which predated gen art.
Um, 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, when it eventually
drops.
Do you have a link for the mailing list or anything?
Um, so I'm, I'm going to pin it up to the top in a sec.
All right.
All right.
I appreciate you keeping us updated on that.
Um, so I guess we'll talk about this real quick.
And I had a dream last night, you know, we, we all heard that Garga is now stepping up.
We, 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, 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 opened other side, uh, teased out something
on the 29th.
Curtis has pre pre monitor, I don't even fuck it, beware 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, cause I was like, there has to, 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 if this thing launching on the 29th, is it kind of them saying, Hey, motherfucker,
you're not going to get your 3d apes.
So you're not gonna 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 bunch like ring does launch, you know, 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%.
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, I would definitely double down on what's out with 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 going to
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 they, I don't know.
Yo bro, you're killing me.
They're going to drop the fucking floor price today.
And like, I'm wondering, like, why wouldn't you do all these announcements of CEO changes
after you obtain 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 the, you're at the finish line of
royalties, you could have made money off all these fucking disgruntled board apes leaving
the fucking ecosystem.
I was like, if they announce another collection, it's a wrap.
It's going to be a mass essence.
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, what else can they possibly do?
There's no other side, bro.
Like I was listening to Daniel Allegri 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?
What was the helmet?
Was that not other side?
Yeah, bro.
Look, look, I played in the last one.
I played in the last one and won the helmet.
What was that?
Was that not other side?
How, yeah.
How is that?
How is it not after two years or however long it's fucking been?
It feels like forever.
How is it not ready to launch?
I thought this whole post was like, all right, they're finally about to launch this shit
and everybody involved can have a PFP.
Cause really before everyone is like mechs 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, 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 performed
with board age.
So not only does board age can create those experiences, but apparently you can create
those kinds of games.
So like Nifty Island, bro, they front ran the fuck out of them.
Nifty Island pretty much exposed this entire industry for what it is.
Like, I'm sorry, bro.
If there's some aides down there listening to this, be like, there goes that fucking 2MF-er
bitching and moating about the fucking board API club again.
Yeah.
Well, I'm going to keep fucking bitching.
Okay.
And there's nothing you could do about it.
Yeah.
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, the fucking front run the shit out of you, bro.
They're just pushing this out.
Nifty 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 finished it in September.
Well, okay.
Let's say you get a lot of players for the first three months, 2025 comes around, GTA
6 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.
Wasn't Power World funded by $7 million 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'll, I mean, I understand gaming.
And if you want to do this whole web three 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 Dijanheim, 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 launched 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 wave motherfuckers
talked about the metaverse all in 2020, 2021.
We still don't have a good one.
You know what I mean?
Like you're going to spend the next two years building it.
And then now you're going to pivot.
Like, it's just, 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 Michelangelo or, or Leonardo da Vinci sells, they don't crack
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.
Royalties in web three is a relatively new concept.
And everybody says, this is why I, that's why I came to this space.
But 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 for the longest time.
And then we don't have it again.
So the, when the NFT spaces had royalties, probably less than we not had royalties.
Yeah.
Yeah.
Yeah.
And that's the thing about it.
It's like, cause the reality, I mean, it's, it's, you go into, I mean, y'all have 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 that.
And we got to be honest with ourselves, right?
So I don't know, dude, we'll see how that plays out.
Go ahead.
Sorry, Tom.
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 it.
Once the transaction's 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 got to go places, you got to move around and stuff like that.
But now that there's, you're cutting off 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
trade board eights 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's 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 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.
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.
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 then I want to find the blend.
And it's like it's a process 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 want to exchange hands from you to them.
That's it.
It's done.
Like, and that's my piece.
It's going to sit there forever.
I'm going to 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.
You know what I'm saying?
But here, it's the 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 a double-edged sword.
Go ahead, King Titus.
Yeah, what's up, man?
Thanks for having me.
So first, you know, I had to take a call.
So I maybe missed something.
But I don't know if you guys saw that tweet from Beanie.
I think it was yesterday.
He 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.
I just, I'm just really bearish on Basie as a whole.
You know, they really got away from their core metric, you know, of the clubhouses and
building brands and helping other business owners.
You know, that was really what made it so big to begin with.
And now that they've turned into whatever Yuga is now, I don't know what you want to define
it as.
But, you know, 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 you talking about Yuga or BoardApes?
Or are you talking about D-Guy?
It's BoardApe LLC, 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
and 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 was like, 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 wants is free money and price go up.
And everybody's trying to build tech and build like useful things for the space in like
the traders don't care and the community doesn't care.
All they want is the floor price to go up.
So it's kind of puts them in a difficult situation.
But go ahead, Chief.
Bro, that dude sounds like, I was just going to say, it sounds like Tout on an alt, bro.
You know, damn near 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.
Yo, the old me's dead and gone, motherfucker.
The old you's, you know, I just talked about how there's this BlackRock Institutional Digital
Assets Summit.
Justin Schmidt, I'm looking forward to attending the BlackRock Institutional Digital Assets
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 and COO of Ando Finance.
I don't know, man.
Maybe there's something like that.
You know, you know, Larry Fink bullposting RWAs, RWAs, and then BlackRock, 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 a nice rip.
And we informed you probably like two weeks ago that they had some big stuff coming out
and big announcements.
I think they hired someone from Goldman Sachs.
They're obviously backed by BlackRock.
So, man, Ando Finance looks to be a player in the RWA space.
If you are looking for that coin, I think that's the top one right now, personally.
So what do we call, I guess, when Web 2 companies start, I guess, modeling Web 3 things?
I guess it's just that Web 2.5, whatever, right?
So not necessarily breaking news, but it is pretty big news.
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 skins, do whatever, right?
It's a participation ecosystem token for Reddit.
Boom.
Reddit plans to place a big chunk of its IPO shares in hands of its users, an unusual move
that could build loyalty, but also come with the risk.
The company plans to reserve an 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 2 giant Reddit not only going public, but taking a grassroot company kind
of approach, which makes sense for it being Reddit and just how they've grown and why they've
grown, right?
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 fucking, remember when they scrapped the coins?
Yeah.
I guess that was for them to 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, for the coin got caught
inside of trading and shit.
Has he sold everything before the coin went offline?
Yep.
Oh, 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 the, I think at the time we, maybe we did.
That's crazy, man.
I mean, that's good.
I think it's gonna be successful.
Isn't, uh, this is a Ohanian.
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 Yuga?
Or maybe he's on the seed round of a 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 making headway to.
No, he was big on Reddit.
He didn't marry Serena Williams, no?
Yeah, they're married.
He didn't make her, but.
That's what I said, married.
Oh, you said married.
I thought you said married.
I'm very aware he did not create one of the greatest black athletes of all time.
Yeah.
Oh, so this, yeah.
I mean, I was like, why does that sound familiar?
Uh, yeah, he has a, an, 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 Eat 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 Eat.
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, 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 Eat 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 GG's to them and their team.
Go ahead, Swag.
Oh, so I was just going to ask about the farming.
So with Magic Eat and wallet, if you were to import it into Xverse and like interact with,
you know, say Liquidium or, or, um, Magic Eat and even like, are you still potentially
farming those Magic Eat and 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 Eat and consolidates, uh, let's just say you import Xverse into a Magic Eat and wallet.
Um, Magic Eat and consolidates all of your Xverse's addresses.
If you had to count one, two, three, four puts all the Bitcoin in one address and gives you
one taproot, right?
So that's been the biggest issue because, uh, just going back and forth with Liquidium
and just, you know, I tried every loophole possible.
I exported my Magic Eat and into Xverse.
And so I was farming with the same taproot, but then the, and then the dev told me that
the issue is, uh, when you create a brand new Magic Eat and 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 Eat and 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
Eat.
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 puppet 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 she's 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 farm so far
is an allocation for this wallet.
And what I'm going to 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 needed chief.
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 three 20.
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?
Like, yeah, that is an issue because you can't do mobile on the magic.
Yeah.
Right.
So if I can upload it into my experts and then at least if worst case have to manage
it on the fly, then I'm a little bit more comfortable doing it.
Yeah.
That's the issue.
Yeah.
Cause if you did it on experts, you wouldn't be able to sign cause it would 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 just been bugging Jay.
Oh, I see what you're saying.
Got it.
Yeah.
I just been bugging Jay.
And so that's the, that issue.
I just, I, I pinned this up before.
Um, and it's a airdrop tracker for you guys.
So if you guys are interested in airdrops, uh, one pin back, it's airdroptracker.notion.site
slash airdroptracker.
It's a really good site to keep you updated on like the tiers of airdrops, the price of
the airdrops.
Um, if they're, they cost, how much they cost.
So I just wanted to throw that out there for you guys.
Um, and we've 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 going to throw that up there for you.
Did anybody else get a network connection?
Yeah, I did.
And then I ran across, bro.
Okay.
Okay.
And me, bro, that's 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 that, you know, when I had to call my wife
and had 90 seconds to reestablish connection or the whole space that are out.
Um, finance labs yesterday came out with a new thing.
They've also invested in it.
It's Renzo protocol.
Um, Renzo is a liquid staking strategy manager for Egan layer and protocol serves as the inference
of Egan layer ecosystem by serving ABS is an offering additional yields.
So just another restaking bullish narrative for finance last week, they came out with the
Athena labs is what they're backing and incubating.
So keeping track of this stuff, I think is pretty useful because finance has great market
makers and has a lot of money invested 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 balls deep in it.
So it's pretty interesting.
Um, so real quick, this is breaking news.
Um, could be a little late to it.
I'll, I'll double check, but, uh, Demetri Terniak, what Steven was talking about, um, pinned
up to the top.
He said he's releasing an edition of a hundred.
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 and digital and physicality.
So if you guys are interested in Demetri Terniak, creator of the ringers and all that, uh, inspired
the, the, what was it?
The Goosenals and that whole emergence, go check it out up top.
Yeah.
And I saw this was inscribed yesterday, uh, breaking 9.99 kilobyte description.
Whose ID start with 9,999 just inscribed for 99 sats.
And it blocked that ended in nine, nine via the transaction I day started with a 9,999.
Do 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 it and just read their posts.
Um, cause 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 holdings.
Increase cash 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 early in a 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 by 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 sold at $120, seemed like a local top.
But if you look and you play this cycle out, like $120 is a buy.
So like for me, my position, I'm in, 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, we're, 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've already had conviction in, uh, to chase the next like
dragon, if you would say that.
So I thought that was an interesting, uh, interesting way of kind of positioning yourself.
And, uh, I thought it was, 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 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.
So 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, cause 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 XBTC and it's a good read.
Um, personally, um, he says motherfuckers 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 subpar 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 group chats make you feel.
It's wag me, group, 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 articulate it 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 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.
It's one thing that good things is currently saying at the minute is like, he's in just acquirement mode, just fucking acquire, like as much as, or 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 bull 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, 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, 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, for the most important part of the cycle, which is in my humble opinion, the next nine to 18 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 airdrops and shit kicking off in the Bitcoin ecosystem.
I have not been sleeping like what, like the fuel at all.
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 I 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 lucky after myself in the way that's going to keep me sharp for when I need to switch gears.
It's for when I need to start taking profit, for when I need to stop procuring and start thinking about hodling and sitting on my hands for a bit.
And, or I need to start thinking about taking some profits and starting to cycle out.
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 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 is I'm like prescribing a medication or some shit like that.
And then 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 three.
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 just going to do them like that, bro?
Yeah.
You probably not at the car.
Can't even unmute yourself, but this man just confessed hard out.
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.
Sheesh.
I'm sorry, bro.
That's what 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.
Cause you know, he's, he's downgrading on his health, trying to stay active and stuff like
that is a, is a good, uh, recap to ground yourselves, you know?
So he appreciated the posts.
And that is one thing about this job, about running around delivering packages by hoses
in the 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.
I like, man, that's the one benefit of this space.
And you guys like me better stressed out in the cortisol levels anyway.
So maybe even if I go full-time Web3, 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.
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'll probably have to use like Astroport or some other decks to actually buy
it if you're not whitelisted, uh, by holding the 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 posts, but if you're interested in that, that
that's going on today too.
So appreciate you guys.
We host a space Tuesday through Saturday, 945 to about 12, 1230.
And, uh, I'll leave it here for chief to read our, uh, read our sponsor.
We'll talk to you guys tomorrow.
You guys have a great rest of your day.
Hope you guys learned something and we'll be back.
So peace out.
Yeah, I appreciate everyone that came out.
Uh, like X said, we do this Tuesday through Saturday, 945 to about 12, uh, 1230 central.
The TDA is sponsored and powered by I'm so I'm so is a cross chain interoperable ecosystem
between salon and Bitcoin powered by the evolve token, which you can find on bird.
That currently has, uh, an endless runner game along with six different mini games that
you can play earn bonk and different cryptos for.
So shout out to Chris for sponsoring the TDA.
You guys be safe.
We'll catch y'all tomorrow and it's TDA or stay poor.
Y'all have a good one.
We'll catch y'all next time.
