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The Lore Behind JAMBO
Recorded: Sept. 5, 2025 Duration: 1:00:40Space Recording
Full Transcription
Thank you. GM?
GM, GM.
Yeah, we're waiting for Mr. to join the space.
In the meantime, I see a lot of regular faces.
So shout out to Suze, Halfblood, Kent, Raul, Nikhil, and a bunch of other guys.
The list is getting longer. So excited for everyone to join today's space.
It's going to be an interesting one. We haven't had a space around something like this. So it's
going to be interesting how that unfolds
and kind of getting to know both these heavyweight OGs
in the ecosystem.
All right.
Yeah, let's just give it a couple of more minutes
to see if we can get Mr.
Oh yeah, I see Mr. in the audience.
I'm gonna invite him to speak.
And I'm making Mario a co-host just in case I get rugged by Elon.
Awesome.
I see both Mario and Mr. are up on stage.
If you could do a quick mic check from both of you,
that would be awesome.
Hello.
Hello.
I think it's working.
Yeah, I think as well.
Cool. So yeah, maybe we can get started.
We usually start like at half, five minutes past,
but we've got a very big audience for this space so we can get cracking.
Yeah, we've seen, like, if you've been in the near ecosystem, you've seen this explosion around Jumbo.
Jumbo's kind of infiltrated every single ecosystem chat.
Everyone's super excited so we thought it warranted uh a next
space is just to kind of bring everyone up to speed with what's happening how did this uh meme
coin come to life and maybe like some of the backstory because i think that's super fascinating
so maybe we could do very quick intros for folks who don't know who these heavyweight OGs are, and then we can kickstart with explaining the backstory and go from there.
Mario, you want to go first?
Yeah, sure.
I can go first.
Yeah, so my name is Mario.
I'm from Germany.
I've been in the Neo-Echo system for like four and a half years now.
I started back then um with some
gaming related projects um then i kind of switched more to defy i've been involved a lot with shitsu
and um i think like yeah my main accomplishment most likely is is the development of meme.cooking.
And I also joined Orderly Network when they were still
around on NIR.
Unfortunately, they no longer are on NIR.
But yeah, I'm still with orderly and um yeah doing uh stuff for near in my free time
yeah that's about it awesome yeah i'm sure like if you've been in the ecosystem you definitely
have come across mario as well as mister so we'll kind of pass on the mic to mister for uh when to introduce himself
yeah so who knows me i'm a mister i'm co-founder of hot i'm a hot chicks lover billionaire
and shit poster that's all you should know about me yeah yeah that's nice short and sweet um yeah mister is very deep in
the trenches um and is sometimes uh a very interesting personality depending on like which
side of the which side of the boat you are uh so i think think it's a nice mix of having both of you on the space.
So yeah, we can get down to the meat.
So what is the origin story of Jambo?
What does it evolve from?
If anyone wants to take that.
So I will start. Mario, i will start because i'm okay
so um three years ago almost three years ago we discussed with uh ilia that uh near need
that NIR needs more DeFi because three years ago only REF Finance and Boro,
that was only two platforms on NIR DeFi and that was like a shit.
And I don't like shit platforms.
And we discussed like, hey, let's do some stuff.
Let's run like, let's fork something, launch new platforms, just let's fork ref and launch a new IMM.
And we launched Jumbo, Jumbo Exchange.
Some people put some liquidity there, start trading, do some stuff and that was three years ago.
As you know, last three years, NIR was very popular for DeFi users.
Almost all users from all internet trying to use NIR for DeFi.
A huge amount of users, really big community.
You know all of that 10 people who did that stuff.
All of that 10 users, yes.
And we decided to stop working on Jumbo.
We make announcements on the website that you can move liquidity from Jumbo.
We don't want to support that smart contract.
It's too old. And after this, only 200,000 liquidity left.
I know almost all about that dudes who put that liquidity.
We moved it to wallet.
It's not like, it's not a real web free.
It's like we just moved to my wallet so I not like it's not a real web free it's like we just moved to my my wallet so i can
control it this this amount of money and send that to guys we need that's all and just i moved with
this liquidity mr mario he always he always uh looking into like my wallets and all of this stuff inside the ecosystem. I think Mario has like his own near explorer that are looking for shit inside the ecosystem.
And like he used this shit explorer to find this transfer.
And Mario, what did you do?
Yeah, that was a great introduction. Yeah, I think when people know me, they probably also have seen that I've been always vocal
about stuff that I think,
which should not have happened like this.
So yeah, I somehow encountered this quite fast
because I have been developing some arbitrage bots,
mostly for cyclic arbitrage on RIA finance.
But since Jumbo is also just a fork of RIA or ref finance,
it was a low lift to also make an arbitrage bot
between RIA finance and Jumbo.
And this is what I have been running for quite a while.
Well, because there haven't been any traders at all on Jumbo Exchange,
that the prices were basically always incorrect.
So my arbitrage spot took advantage of this and i've been making some
profit but i mean it's not too much liquidity there so um it's not like a lot of money or so but
it was it was okay um at least i could afford to with the profits to run, for example, our Shih Tzu RPC.
Yeah, and this is also why I encountered this quite fast,
because then my bot started behaving strange.
So transactions failed, and the money was gone.
And so yeah, I started looking into it. And then I found that there has been a transfer to a wallet.
And it was clear to me quite fast that this has been done with the full access key.
So, yeah, this is why I made this threat on X explaining situation.
Mario, you are really smart guy. guy like you can build a lot of
arbitrage bots and all of these things but for arbitrage inside near you can't even make money
to pay one chick for one hour yeah for one year so why did you do that you can build Arbitrage bots for Ethereum, for Solana, but you did it inside like a new ecosystem.
Why?
Yeah, because I know a lot of stuff about Nier development.
So yeah, this is just like why I wanted to do it on Nier.
Yeah, I mean, also for a healthy DeFi,
you also need Arbitrage bots. so i wanted to add a bit more
of a competition to the other existing object spots so yeah that's why i also developed an
object but um yeah i mean i don't make a lot of money anymore the volume is a bit down and
there are like a couple of...
There's actually just one arbitrage bot developer who's getting most of the rewards from the
cyclic arbitrage on refines, at least.
But yeah.
I mean, there are also other arbitrage bots doing sex arbitrage and so on.
But yeah, I've been doing that.
Yeah. Oh, yeah. yeah go ahead go ahead mark
uh yeah and and after i i posted this thread there was also peter from hot uh who's the ceo who also commented below my thread. And yeah, he wrote something I didn't like.
You can check it out.
Yeah, it was not a nice message.
But instead of jumbo, he wrote jambo as a typo,
but like that typo happened twice,
so I'm not even sure if it is a typo
or whether he assumed that name is Jambo
of the existing exchange, so yeah.
Yeah, and we made some fun of this
in some internal groups.
Actually, shout out to ABB who gave me the idea to launch Jambo on meme.cooking.
So yeah, this is basically how it was born.
And yeah, because of this story about my arbitrage bot, I also used my arbitrage bot wallet to
launch the Jambo token. Yeah yeah and this is how it all
started cool yeah i think it's it's a fascinating story uh yeah mister uh you wanted to say
something yeah of course so it's like um so it was like the just meme on... You know that this meme...
Why it's very important for the community.
It's like this meme really launched organically.
Not just someone tried to snipe or do something
and buy a big amount of liquidity and all of this stuff.
You know about all of that shit tokens on all shit networks.
It's like the Tron and all
of this stuff. It was launched absolutely organically and not by me. This is absolutely
important for ecosystem. It's not launched by me. It's launched by Mario. I hated him like six days ago. So this is how it was.
And I looked at that token.
That was capitalization was something like 30,000 on something like this.
And I got an idea.
So it's like, this is the first time then I can help all ecosystem members came together and build something
together this mario with shih tzu team with near foundation with all of that shitty guys
inside the ecosystem who should force who do some good stuff bad stuff and all of these things so
we can build something together and first of all build community because uh when all of these things. So we can build something together. And first of all, build community. Because
all of us, we know how to build
products. We can build
products without users
every day.
But this is what we can really build for community.
And I start
do some shit posting
about this. Even not buy
tokens. Just start shit posting about
sell, do like, and all this stuff. I not buy tokens. Just start shitposting about sell and all
this stuff.
First tokens I bought
at valuation like
50 mil.
I really put a big
bag of money. You can check it.
I bought a lot.
I didn't sell anything.
You can check all my wallets. You know this.
And I
started to do
really big job to make this uh token success i connected with mario i connected with all uh all
guys with slime with all of the things and thank them uh they are really like they they they really
And thank them, they are really like, they really like do a lot of job around this, around Jamba.
It's like maybe you, for now, you don't see a lot of job around, but they are trying to build real meme on Nier.
near a lot of a lot of work around this and all of that guys hot team shih tzu team slime team and
A lot of work around this.
near even near foundation they really help us to do and thanks legion team i think guys from legion
they did a lot of job and they are trying to build really good community inside NIR. And I think we can do this.
Yeah, I think a few points, especially on Legion. Like I think Legion is 100% rallying behind Jambo.
And you can like to kind of get a sense
of like how excited people are.
You just have to kind of pop in into the Legion chat
and see the kind of rallying there is behind this
meme coin. Quick shout out to obviously Ozzy who's kind of spearheading the Legion. If you haven't
signed up to the Legion, it takes a few minutes and it's definitely worth your time because it's
going to be the town square for the near
ecosystem and the near community so definitely do that if you haven't already um i i i find this
thing very fascinating of uh yeah you have mario uh get this crazy idea by avb to launch this jambo
meme coin potentially a typo but yeah i agree with Mario. I don't think it's a
typo if you do it twice, unless you can say that your autocorrect is kind of misspelling it for
jambo, which could be plausible. But I find this idea fascinating that, hey, there's this meme
coin launch by Mario that's kind of like mocking Mr. and Peter from Hot.
But instead of like Mr. being very critical and like completely ignoring or like trying to burn the MemeCoin down, he's like joining forces.
This is something you very rarely see in the space that a meme coin is uniting people who've previously had some differences.
So, yeah, very interesting.
Did you have second thoughts on this?
Like, hey, I want to completely abandon support for this.
I don't want to be involved with this at some point.
The centralization of the mechanism.
No, No.
I think...
I think, Mr.
You have to understand
very important things.
Like...
We...
This is like... this is real mem
a real mem
then nobody control
everything inside
it's like Mario
for now he doesn't control
the big amount of money
he has
he can control
like team tokens for now.
And I trust him that everything will go okay, these dead tokens.
I have to trust, for example, for Near Foundation, that they also will support us and do some stuff.
They have to trust me that I will not dump tokens.
We have to trust our community that they will not dump tokens. We have to trust our community that they will not dump because a huge
amount of tokens, a lot of users make like a big amount of money. It's like they invested 60 bucks
and received 20,000 bucks. You know that. You can see it inside blockchain. And this like
token distribution on one or two free meal valuation is also very important.
And now it's a real meme with a real community and we have to trust each other in this process.
It's very important.
And I think we have like an option to build something really big like we've token for
Solana, we can build something big
inside new ecosystem for now we have a chance
i i totally agree um trust is important but uh trustless is even better. So you see I set up a team allocation of 20%
with a cliff and a vesting, which I didn't set very high.
So theoretically, I think everything
can already be vested.
But I did not withdraw it.
I obviously, I don't plan to sell this.
We will definitely have a plan to extend this lock,
but since I have not set it up properly during the launch,
because I never would have thought that we have such a
runner here. Yeah, it did not set it up properly, so we will likely need an external contract where
we can properly lock it away so that you can clearly see that we won't be touching the team
allocation or only what we really need. For example, like, you know, with Shih Tzu, we have
the meme token validator where we now also emit the Jambo token. So we can just go to the Shih Tzu app and stack with our validator to earn some meme tokens.
Yeah, and eventually we need some for liquidity, but we also have other people that are like,
some other treasury wallets that accumulated a lot of Jambo
that can help with liquidity, so that's also fine.
Yeah, what I also wanted to say is um about the the launch um i think the star the stars were really aligned in some way
with the near legion being set up then also um we haven't had any successful meme tokens
being launched for several months now.
I mean, when meme cooking was new,
we had quite a meme season on here, I would say.
And everyone was really euphoric and been trading meme tokens
on meme.cooking, which was really great.
But then it all faded away.
And there haven't been any launches at all for a really long time.
And yeah, also about me, like...
Mario, do you agree?
That wasn't like a real meme season on here we just trying to copy
like salon and we are trying to bring that uh that hype from salada in the year that was our idea
it's like just to copy that salama uh but for now the this meme token jambon is a real name
meme token jambon is mean talking it's a real name just real name talking yeah yeah yeah i agree i
mean like uh after the launch of me but cooking we we haven't really had a an organically launched
meme token with such a strong support like we do have now with jumbo so So it's really, yeah, it's different, yeah, definitely.
Also, yeah, I always hesitate to launch my own meme tokens,
because then people assume that I, as a developer,
and as the developer of meme.cooking,
that I will put effort into this meme token.
So in the past, I haven't been launching a lot of meme.cooking that i will put effort into this meme token so
uh in the past i haven't been launching a lot of meme tokens uh there was only like uh
it was only like choose the luthie yeah and it's because uh every time that you launch something you took responsibility for this it, hey, you're the scammer.
So, you need like a strong, like balls from steel to do this every time,
because you will get a lot of hate.
So, for now, we took all our balls together to take responsibility and launch something big. I think this is why it's worth.
Yeah, yeah.
I will also say very quickly that my assessment from, like, the meme season is that that was kind of taking place at meme.cooking,
and we had other meme coin launch pads as well soon after
is that we were trying too hard uh to get something to kind of pump uh whereas here like the intention was never to kind of uh kind of make this pump in a way like it it's it's it was an
idea that was put out the community self-organized and thought
this is something they want to rally behind.
So I think kind of when things kind of click, they click,
we can always like experiment and try,
but sometimes it's like the least expected things
resonate with the community.
And I think Jambo just like ticked all the boxes.
Yeah, people have to believe in something.
It's like a huge amount of rug pulls.
So people can't hold tokens even for five minutes.
This is the problem.
It's like, they just look at the chart.
They see that the profit is five bucks
and they are trying to sell, to sell, to sell,
and that's all.
It's really hard to build community, real
believers in this project. This is why I make a post inside that I can buy all of the tokens.
I can put all of my money, I can buy all of these tokens, push it to like 100,000 bucks,
millions of bucks, but it's like kids. You have to understand this.
This is your kid, not just my kid. You have to believe that this kid will go up,
go to school, go to university, and then bring you like millions of boxes.
Then you will believe in this. You will not sell. Then you will see like a five bucks profit.
You will buy more, you will steal, you will go to another groups.
You can sell this, you will sell these tokens to your mom, father, dad, and all of these guys.
I know that you sell near to all of your family and now they don't want to talk to you, but it's okay.
Now you can sell them jumbo. Maybe they will make some money on this. Maybe no. We don't know.
Because as I mentioned before, we don't control all the supply. We don't know. Maybe someone from like who has like a shitty boss will sell tomorrow
like a half a percent. Maybe the price will go down. It's okay, but if we will believe that
this token will go up to 100 mil, we can buy back all of that like shitty dumpers and go to 100,000
mil. Not a problem. And I think we are working hard to onboard
like Mir Foundation to list this token
because we need like exit liquidity.
For six years, we are at exit liquidity
for all of that like Solana dumpers.
Now let's build our own project.
Like let's build our own MIM coin and let Solana jitters will be our exit liquidity.
Yeah, that's very interesting. Yeah, Mario, go ahead.
Yeah, also, now that you mentioned Solana, yeah, obviously, like, we don't plan to get the Solana users
to be our exit liquidity.
We are pleased if they want to join us.
And yeah, after I launched Jambo,
I figured out that we haven't had a meme token launch
for a long time.
And yeah, so that's why we really had to move really fast.
So due to the new bridge that has been developed by Neo1,
which is called Omnibridge.
And coincidentally, I also developed a bridge UI for that,
which is also live on Shih Tzu app.
So I figured out it would be a great idea
to bridge the Jambo token to Solana and add some liquidity
there, which is what I did like the day after the launch
or so to also attract Solana users.
And yeah, potentially, I mean, Omnibridge also supports
a couple of EVM chains.
So we will eventually also expand to other chains
and that liquidity there,
but it needs proper launch conditions involving some marketing and so on.
So we are not yet very sure about this, but we will look into it for sure.
And then also, obviously, we also have Near Intense with the jambo.gay website, which also uses near intense where you can buy Jambo from all the chains
that near intense supports.
But yeah, I think you can only like buy the near version of Jambo right now, not yet
like the Solana omnibridged version or so, but yeah, maybe this will also be added.
I'm actually not sure about it.
Yeah.
You already got information that Aurora already
have 1% of emission.
Soon more companies will do this.
And also, big companies, they already
launched a strategy.gay.
And this company wants to like 10% of our emission
not like uh not an investment advice but just my personal opinion yeah i i always enjoy Mr's commentary. It's very unhinged and very high energy.
I love it at times.
And to kind of balance it out, you have Mario's kind of more grounded.
And yeah, I think as a middle ground, nothing is financial advice.
We're all kind of like spilling our thoughts uh and yeah i think so
yeah there's jambo.gay which is a very peculiar website to buy and trade jambo using intents
um there's obviously as mario was saying um like jambo will be available on other um chains through like the the omni bridge that shih tzu
has um a front end for uh what's what's also interesting is um so um yeah i kind of wanted to
move on to like what just do you mean it's like information, a call? No, bro. We are shilling as a fuck.
Yeah, fair, fair.
They have to buy.
It's like every day.
Then you woke up and like every morning you just not look at the chart,
just push the buy button.
That's all.
Yeah, fair.
Like I think there is room for all opinions. I'm not Eric Trump or something like that,
kind of like giving very blatant financial advice, but people are like,
I think they have enough information to do what they need to do. And yeah, they should kind of
do their own research as it goes. I kind of wanted to move on to like some of the utilities that have come out.
We mentioned like there's jumbo.k.
There's like what's very interesting is if you want to, as of today,
earn staking yield on near or staking on near,
the highest APY you can get right now is by staking to the Shih Tzu meme validator
because it has emissions in Jambo as well.
So maybe, Mario, if you want to quickly share
some information there and how the meme validator works,
and then we can move on to other utilities yeah sure sure so um yeah we used to to
run the the meme validator for for quite a while uh it's kind of like started uh with the last uh
first kind of mean season on year when mean that launched, we, or even before, I think, like,
there was the launch of Black Dragon back then with, like, a couple of other meme tokens,
and because Shih Tzu was sort of the OG meme on Nier or on Aurora, um they um uh the new launches um they um kind of like they they just um
sent us a shitload of their tokens to to our treasury because um shitsu is like the the trusted
meme entity on NIR.
So they wanted us to do something with these tokens.
So this is why we came up with this idea
of launching a new validator
where we can emit this meme tokens.
I think it has been underused a lot.
There's actually, I think there's only theora validator which also emits aurora tokens
they've been doing this for quite a while but there haven't been any other usages of this
validator smart contract um yeah but i've also been using this same smart contract i had to like add some workarounds in order to make this work to
also emit multiple tokens so usually it can only emit one token uh so the workaround was to to wrap
all the meme talks that we wanted to emit into a unified token which you can then burn to receive the underlying tokens so we called that token
dog shit and yeah it's not transferable the only purpose of dog shit is to burn it to to receive
the underlying meme tokens and yeah this is how we wrapped black dragon and shih tzu and all the other meme tokens. And yeah, now with Jambo, we also wrapped Jambo
into DocShit and emits it via our validator.
And yeah, that's now how we can also earn Jambo
by sticking to our validator.
You can just go to app.shih tzuapes.xyz.
Cool. Yeah, I think that's like, so if you want exposure to memes and you currently want to kind
of get the highest APY, again, not financial advice, you should at least check out the Shitsu
meme validator. Other cool stuff that has been happening, I'd say this week is the launch of the Jamborghini NFTs.
So, Mr. Do you want to kind of walk us through, like, how did the idea come through? How does
the collection work? And wanna uh share something around it
um yeah and i think it would be better if mr can do it because he has been mostly
involved with it yeah yeah i'm here but please repeat the question because i am in parallel in
two calls one call about hyper i even can't tell you because it's a top secret project
i even can't tell you because it's a top secret project but maybe maybe jumbo holders will get
airdrop i'm in call with your foundation yeah and also okay yeah and repeat the question yeah so so
we we talked about like this uh this utility of like earning jambo or like mining jambo through
the shih tzu validator and I think another interesting point to kind of discuss
is the Jamborginia FT's that launched earlier this week.
Maybe a bit of backstory, like how did it come about
and what does the connection look like
and maybe like future utilities around it
if it has been announced.
I will not announce all of these things,
but let's just imagine that we will launch like, it's cars, like expensive cars for championships.
And soon you will see like a G1 championship.
For that championship, you need like three things.
Car, driver.
Driver is NFT from top collections on New York, it's like Shinsu collection, here collection, maybe baby collection, like dragon collections.
So you need car, you need driver, and you need make like a big money because drivers from G1 will get like a big money by driving the cars of that game.
Okay. Yeah. Any details are welcome. I think that's very interesting. So, but is there, is, is there like anything specific?
So I've seen a few questions around like, Hey, does the rarity kind of come into play or is it
more like, uh, all like, will, will all cars, uh, from this collection have the same, uh, potential
or like, will it kind of. No, no, no, it's, it's based on rarity. no it's based on rarity so it's like you can
it's like it's a championship you need like a good driver with good rarity and you need a good car
it's like ferrari and lotus okay okay yeah i think that's interesting also also we also
we already create like a platform we discussed it with Mario. We don't want to announce this. It's a top secret.
But the idea is we know how to build a system to incentivize strong holders.
So, who will hold strong will get bonuses. Who will hold NFTs will get bonuses.
How it will work? It's like a big secret for now. But we know what we are doing.
We don't... It's like... You know what the real meme is and what like a fake meme is?
The real meme is like a biff. beef that teams they put a lot of energy resources
into this project it's not just a meme coin a lot of infrastructure there and a lot of like
engagement from different people there so we are working really hard to build something big inside
this meme ecosystem it's not just a regular one it's like infrastructure something like infrastructure
insights that's all that's what i can tell yeah whatever you shared is i think is great alpha
i haven't seen this information before of like there's this car element there's this driver
element there's a fewer elements all kind of put together and wrapped in a game uh I definitely uh think uh that would be an exciting
thing to look forward to I also think an interesting dynamic of this nft was hey it
costed 30 000 Jumbo to mint uh but if you hold your nft for about a month uh you get 20 000
Jumbo back so I think this is something super interesting i've never seen
before um it's because we just we just want to cut jitters it's like you know a lot of jitters from
the like different community they even can't hold like for a second they just mint this nft and sell
it for 20 20 bucks what is it what are you doing why do you do it's like what what what are you doing here you just want to
make like one one box it's like we don't know we don't need that users it's like they just broke
the wipe inside this is why yeah if you can hold it i don't want i don't need your money
i want to like to build community this is why i will get back all your money. I want to build community. This is why I will get back all your money.
That's all.
If you can vote, if you know how to play,
you're ready to be the part of this community,
you will earn money.
If you're just a jitter, go fuck yourself.
We don't need you.
Fair point, fair point.
And I think, yeah, as I said, it's a very interesting dynamic. And obviously, there is a reason behind it. Like, we want to kind of build a long- uh wanted to ask you guys i think it's been
interesting but uh since we've got a hundred people on the space i've uh i've accepted some
people on the space uh if they want to speak and ask something directly to mario mister
uh now would be a great time we've got monza me Leoton. And if anyone else kind of wants to request to speak
and share some thoughts, feel free to.
Anyone of you three want to kind of take the word?
Man, I didn't have anything too special to say you know other than
take me to jambonese i want my jamborghini it's been quite the the jamboree we've had here today
and uh just by jambo yeah thanks thanks for the words um yeah i also wanted to to just like quickly mention um
about another yield opportunity which is on reaffiance there's also a jambo farm so
um if you provide liquidity then you can also earn some jambo, but obviously you should
first learn about improvement of loss and so on and how it works.
So yeah, just so you are aware.
Yeah, besides that, I mean, you can also like bridge to Solana and liquidity and orca for example but there are no um farms also you just
can earn via the fees which can also be okay um yeah and also we also have a jamborghini game
jamborghini game already which uh but like it I did this um quite early when we
didn't have the the nft yet um it does not have any web free integrations or so you can just uh
play it in your browser or on mobile and um get a high So yeah, you can also check that out.
On that game specifically, is there plans?
I like the game.
I think it's nicely vibe-coded.
Is there any intentions to kind of integrate Web3 elements
around Jambo for this game at some point? Or was
this just like a fun experiment that like you don't plan to work on further? No, it's like
games will work on intense. It's like now we are building, it's intense game. You can play it not
only from our ecosystem. You can like Solana and play that game. It's not just a game. It's an intense game. You can play it not only from our ecosystem.
You can play Solana and play that game.
It's not just a game.
It's like...
I will try to explain you the business model and what it...
I will not tell you what it intense is.
You have to know this.
If you know, just read books.
But you have to understand the main problem of all web free applications.
Every time that you want to do something, you have to sign the transaction.
It's like you want to click the button, you have to sign the transaction.
You want to drive the car or do something, you have to sign the transaction.
This is the main problem.
On Intense, you can work like on real betting
or on real poker room.
No reason to sign transaction every time.
You can just deposit money and trade inside
without signing the transactions.
So we are building on Jumbo.
It's like a first explanation how it will work inside, in that.
How you can make a deposit, how you can play, how you will distribute money, you can win some NFTs and all of these things without signing any transaction.
Just deposit money into how it will work. It's a really good tech opportunity how it will work.
like technical opportunity how to work yeah um yeah i i agree like uh with intense like improving ux
like at least an order of magnitude uh i've used hot craft and it's one of the easiest nfd
marketplaces i've used just because there's fewer clicks to kind of make and everything
is like super intuitive from a ux point of view so uh i definitely look forward to like gaming on
intense because it should be a lot better than like clicking for each transaction as you said yeah
yeah yeah also like uh uh 2.5 of all from HotCraft will go to buy back and burn Jumbo tokens.
That's all.
Also, we will have like two staking platforms, one from Mariam and one from Hot for staking your Jumbo.
Two options.
Options platform.
NFT marketplace.
You will not only work with this existing NFT,
you also will mint achieve cost on MIR by playing the game and do all of this stuff.
all of this stuff.
Awesome.
Yeah, I see Shih Tzu as well on the stage as a speaker.
Any thoughts?
Yeah, GM, GM.
You know, I think it's important to realize
how monumental the force and the narrative behind Jambo is
because Web3 is plagued by silos within silos.
Even within the blockchain, there are different communities competing for resources, for attention.
And Jambo has become the rallying point.
It's become the magnifying glass where the sun can be magnified into focus.
And that's what Jambo represents.
All these independent or people from the near
foundation developers are coming together independent of their backing and subscribing
to the vision what jambo is and this is what shih tzu has been trying to create for the past four
years so i think it really is monumental um you know i really i've gotten to know mr not a huge
respect for him and actually we're petitioning the Near Foundation
that the 10th shard will be named after Mr. I think it's fair. Also, Mr., question for you.
If you are a 44-year-old heterosexual male, can you still use jambo.gay to buy Jambo?
Yes. Yes, I will do that.
And lastly, I will tell you this thing.
I will tell you about this.
It's like, why gay?
It's because I joined the community and we just we have to like uh create like website it
it fully works on it's one click solution on jumbo website it's not just to buy jumbo you can swap
eth to bitcoin there you can swap any coins using contents it's one click solution and
And someone asked me, like, hey, we can buy, like, a new jumbo.exchange.
And the price was, like, 40 bucks, something like this.
I tell them, no, I will buy the cheapest one.
I go to, like, namecheap, select the cheapest one.
It was, like, jumbo.key, and that's all.
And for now, we will have, like, a strategy.key and that's all. And for now, we will have like a strategy.key.
Yes, yes, I really understand your question.
It's like, will you use it?
And Ilya asked me the same thing.
It's like, hi, man, I can't go to that website and buy it just because of this domain.
But I have a strong boss
and this is my answer all all of the guys they will use it just because because of strong balls
what will it take for people to use jumbo.k versus like near-intents.org?
They can use, they can go to near-intents.org
and buy there.
So it's like you can buy it on jumbo
or you can buy it on Intents.
I don't care, just buy it.
If you are not strong enough go to intense
and then lastly i don't know if people know this bit uh this is mario's first uh twitter
space i don't think i've ever heard him on twitter space i showed you how much he believes in jambo
much he believes in jambo uh yeah it's it's like mario i i it's it's about it's about you and b
i always like i was thinking that you are your communication skills are sucks
but it's like you're meant you're like man from germany i think you it's like how it works, but I really think that it's like you're really, you're a really good guy.
I just talked to you, you have like, you have a clear mind, you have good ideas, it's really awesome to work with you.
But your communication skills, what's wrong with them?
Nothing. I think my communication skills are decent.
Yeah, I mean, I have been quite emotional when I created the initial thread about where I explained the situation, but like,
you also need to consider, I first posted this with the, yeah, you know, like, I first
posted this before looking into it, what would actually happen.
And, but I was like, quite sure that something like uh yeah it has been
drained or whatever i don't know um so so i started posting about it and then i looked closer and
found out um more about it but yeah i mean obviously if i would have first looked into it
and then posted then i would have phrased it a bit different, supposedly.
Yeah.
But it's okay.
It's like, it's a good chance to communicate.
Maybe it's like the best chance to communicate between these teams
and build a community.
So it's okay.
But Peter still hates you.
I just know this.
Yeah, it's okay.
Okay, guys.
Let's maybe go and do something.
Yeah, I think it's like, had Mr. not done what he did, and had Mario not done what he did, we wouldn't be in this
spaces today. So, I mean, I think everyone appreciates whatever you guys did and like
whatever judgment you took because today we are kind of sitting and like we have over 100 people
in this space kind of talking about Jambo. So, it wouldn't have happened if you guys wouldn't have done anything that you did in the run-up to Jambo.
So all's well that ends well is what I'd say.
We have two more people who might want to speak
since they're up on the stage.
There's Meek and there's Lyotun.
If you want to have something to say, we have about five minutes left.
If not, as Mr. said, we can get some work done, which is also fine because Jambo is just getting started.
There's so much to do.
They can spend these five minutes to find money and book by example yeah sorry i i can ask
actually some questions i think because my name was second uh i i should be a second but it's okay
cool yeah so many thanks for pick me up for the summer session. And I have already saw that Aurora
have backed 1% of your tokens.
So I first of all, congrats with this.
And secondly, I want to ask what does it mean for you?
Because like you already mentioned in the tweet, Mr.
Mr. Z, that 99 companies left.
So it means like other companies also have opportunities should be them from
only near ecosystem or is it possible for simple investors to do it as well?
Okay.
First of all, first of all,
you need a strong boss
to tell that
it's not your
token,
it's our
token.
We will
work together
on this.
And,
yes,
Aurora,
the second
thing,
I have like a
chief of
communication,
his name is
Magomed,
and he will help all the companies to buy more Jumbo.
Alex, the first one from Aurora, he will...
Jumbo is the key meme for ecosystem for now, the key project to onboard community this is why all that companies from
ecosystem won't be involved in into this process so this is why alex you can check with his well
they already created pool different companies so this is why 99 companies left i will try to this
is my like this is my personal responsibility.
I have to onboard more and more companies who will buy more and more Jumbo,
stake it, create LPs, do whatever we want.
It's very important for talking, not just like a,
not just like simple users
like a regular community.
We have to onboard like strong build
long-term holders.
For example, near Foundation.
They can buy 5% emission
of Jumbo and put it for
three years. It's important
buy. And the idea is
not just onboard regular users
from community. The idea is to
onboard like VCs or companies who will hold for a long period of time.
This is what I'm working on also.
Okay, I understand. Thanks a lot for explanations.
One question to you. Did you sell me all your tokens?
Sell what?
Did you send me all your tokens, all your Jumbo tokens to my wallet?
If I win some, for sure.
No. You have to buy some and send to my wallet.
This is the best. My wallet is the best place to hold your tokens.
You have to know this.
I just keep it as proposition, but I need to sync.
Cool.
Yeah, we are up on the hour.
We could go for longer, but yeah,
I kind of want to put a hard stop at the hour.
And I'm sure like as Jambo kind of evolve and grows,
we might definitely do future spaces around it.
But I think it's been a great first basis
to kind of bring everyone up to speed
with how it came about.
And like some of these ideas that are starting to
brewing and to brew up so um look for looking forward to that game uh there's opportunities
as mario mentioned around like staking near with the shih tzu validate me validator um
and being on ria uh which obviously has like impermanent loss risks given that how Jambo has been performing,
but that's also an opportunity.
There's other stuff which Mr. kind of also alluded to,
which he doesn't want to share too much as of now, which is fine,
because it's always nice to have this surprise element
and give people that kind of surprise factor when these things launch.
So I think we can leave it here.
Thank you, Mario.
Thank you, Mr., for joining.
And thank you to over 100-odd accounts that have tuned in today.
It's been a pleasure to host the Spaces.
And until next time.
Bye-bye.
Thank you. Have a good day.
