go ahead and like the show and repost the show
maybe drop some eggplants over in the comments
cause it's Tuesday, why not
is it Tuesday? It's Tuesday, right? I know what day it is
to GM Web 3, happy to have you here
Q, are you too busy to give us a recap of your first ever
No, it went great, Biggie Poppins was helping me co-host a little bit
we had some folks roll through to say community showed out
it was awesome, great show
it's tougher than it looks, man, to continue the cadence on a radio environment
I need to see people's faces
you're not used to it yet, huh?
being a regular, consistent
you know what you're doing
I'm not worried about you
what's up Biggie Poppins, what's up Raven, GM
are you playing any tunes today, gif?
I promise you it's not a trick question, I'm not trying to serenade you
I had to go down for that question
nah man, we're sticking to this
we're on our format so we get straight into the news
and then we go out with some music now
that's the new format, no music up front
we're all business in the front, party in the back
like a good old Nifty Q mullet
you know what I'm saying?
you can always start at like 11.58 when you play music
y'all, why's everybody got a question how I want to do things
I don't understand, what is this?
this is not a democracy here
it sounded like you wanted to play music
this is a dictatorship, okay
you now have your own show Nifty Q
you can run it however you want
and Biggie Poppins will be starting up his own spaces soon
and then he's going to run that however
oh wait, he's already got command plus A
I mean he's got command plus A
it just sounded like you wanted to play music
I always want to play music but that's not the point
the point is we're doing this for the culture
and for the community to provide valuable information
about what is happening, what's popping off
in the web through space every single
mother heckin' day that we do this
at least four days a week of course
again that is Monday through Thursday
so anyway, that's the point here
we want to get into the news
and make it a valuable, valuable conversation
for all of those who join us
speaking of value, we have a very special person here
Jeff Jagg, I haven't seen you in a minute
the new time, yeah thank you
the new time is difficult for me to make it
but yeah, glad to be here
right on, happy to have you sir
you've got a job happening this week
friend of the space, friend of the community
it's going good, how you guys doing?
yeah, I mean you know what, let's go ahead and hit it up front
we can get into all the news and all the stuff
since you're here with us
and you're joining us bright and early
and I'm assuming you've already liked
but yeah, tell us what's happening
give us the quick rundown of it
so that we just get it out of the way
and everybody knows where to get it
I know it's happening on prohibition.art
DOTS is launching tomorrow at 2pm
but it's got a little bit of everything in it right?
you know, like it's a generative art project
yeah, I'm just trying to get everybody moving quickly
yeah, some pre-workout is what I've got
yeah, I need that tingly lip stuff
I just raw dog the pre-workout
you know, straight into the mouth
you know, on the blockchain
the code's on the blockchain
it generates, you know, a output
and you get, you know, a unique output
on every single one of these
that's Michael Jackson agreeing that it sounds awesome
that's someone abusing the soundboard
definitely go ahead and be pinning this up
up top, you know, before we start spamming it
with a bunch of other headlines and news
make sure that everybody knows where it is
the quick, quick logistics of it
I know that it's gamified
and again, we can't spend too much time here up front
but tell us how much they caught
I know that you can kind of build
there's an interactive component
that's the thing that's really cool about it
that's what I'm most pumped about
I mean, I've done generative art on Artblox before
I've been on Artblox proper
you know, I've done a lot of projects
so that's not the special thing about this project
one thing is that every project I've done so far
has sold out within, I don't know, 10, 20 minutes
and this one is definitely not going to sell out right away
because it's an open edition, at least the base one
but I did that because it's an ecosystem
it's not just one project, right?
these dots are basically like a currency
to be used and to be passed into other experiences
the first of which is the composite experience
which allows you to pass the dots into a composite
and design your own kind of grid
of these actual composites that you mint
and it scales up depending on how many you pass in
you can pass 12 or more in
you can pass 500 in, whatever you want, and it will scale
and it also locks those dots up
so you don't burn them, you don't use them kind of in the process
they don't go away forever
you basically have this composite now that
you can then, you can burn on my site to get the dots back out
so it's a combination of an art project
but also like this kind of, almost DeFi project
of like, you know, these dots are art in of themselves
and they're individual pieces
but they also are this almost pseudo currency
that can be used for other experiences
and other potential collaborations with the artist
and merge and you know, who knows what else
and how much, how much just to mint the basic dots?
it's going to be around 5 bucks
it's actually less than 5 bucks right now
and y'all, if you haven't yet minted or generated any artwork
using the Artbox engine on Arbitrum via prohibition.art
this could be a great entry
and very affordable to get into it
from a very well established and talented artist
I'm definitely going to be trying to get some of these
yeah, I'll definitely see how the game is
you know, if I can afford to build any out
because that sounds really cool
maybe I'll be able to do that too
but at least getting a few dots and participating in this
it's great to have, you know, awesome generative artists
doing accessible, interesting mints like this
yeah, one of the things too that is too
is you can get it on the floor as well
so like if you have the floor app
you know, you can go beyond there as well
and you can just pay with Apple Pay
you don't even need to pay with crypto
and just like, you know, like you do that
if you want to send it to somebody or you know
they got their first NFT or whatever
I think there's something for everybody here
there's also a lot of free claims which I announced yesterday
so like, there's a lot of communities
you can click into my profile
and you just scroll down or, you know, see the post
you know, basically there is a group of communities
Moonbirds, you know, crypto citizens
what about our community? What's going on there?
I don't know you guys' contract address
See, this is why, this is why we're working on
you know, something special for our community
because yeah, we don't have a contract address
yet to plug into a lot of these opportunities
but we're working on that
exactly, once you guys get something released
and you have a contract address
I'll get you guys in there
so yeah, so basically they're free claims
and they're like, some of them, you know, have one dot
some of them have like 10 dots, you know
it's like, depends on the collection
so, you know, check that out
make sure to see if you own any
I mean, if you own any art blocks piece
you know, which is like, Snowfro and Jordan
you know, you get, you get
a heart and craft gets one
and any art blocks piece gets you three
yeah, I got a couple of heart plus crafts
there's a lot of free claims out there
y'all give it up for Raven
we also had an awesome interview with him
if you want to go do a deeper dig
there it is, pinned up top
so yeah, go check that out
and again, could be a really fun way
to start collecting some generative artwork
but anyway, we want to get into some headlines and news
Raven, thanks for hopping in here
again, as we do, feel free to hang out if you'd like
but either way, thanks for jumping in here
bright and early, getting the show kicked off with us
that's a hell of a way to start this
sorry, the who kind of cut you off there
no, I think the who is awesome
yeah, of course, bro, come back
anytime, we're happy to have you
and yes, this is GM Web 3 ladies and degenerates
we got about 50 minutes here
because we're doing just an hour
to get through all the latest and greatest headlines
if you haven't shared out the room
it doesn't cost you anything
y'all know it doesn't cost anything
it just takes two minutes
but it really makes a big difference
get some more friends in here
but we already do have some of our favorite cohosts
and a bunch of awesome, amazing people up in the room
ArtSnitch, if you want to come up and tell us
what you can about the Orteez situation
we'd love to have you talk about that
because, of course, that was a big update
that we talked about yesterday
at least that there's continuing to tease out
about this upcoming Ordinals drop
I am concerned a little bit
about how it's going to work in terms of rollout
but I'm very excited for the artwork in the community
of Oniforce to expand into the Ordinals ecosystem
so I don't know, maybe he's having tech difficulties
but maybe we can get some more info on that
a couple other quick things to mention
the Genesis Quantum Cat NFT
was, I think it was up at Sotheby's
but apparently it sold for a quarter of a milli
that's a pretty solid Genesis auction, I would say
Biggie, I don't know if you have anything to add to that
or Raven, even if you're following this
I don't know how deep into the Ordinals situation you are
but, yeah, if you have anything to add
It's just a huge price, right?
I think it blew everyone's expectations out of the water
When I first saw it announced, I was like
I don't know how this is going to do
but it completely blew everything out of the water
so it seems like Ordinals are here to stay
at least for now until...
I mean, I don't think it's even going to happen to Ordinals
I know some Bitcoin maxis that are pretty pissed off
but I don't think they're going to be able to do anything
to kind of sideline this now
Yeah, it seems like there's been some times where
it felt like some of that pushback might go somewhere
but it does seem like the farther you get into it
the more of the community gets involved
the more money and liquidity gets invested into it
that it just creates entropy and inertia
and it becomes harder and harder to stop
I think one of the things just to add is that
I think is interesting is that with Bitcoin
is that the one barrier I see on the high end of it
and maybe this can just be overcome
but, for example, Rafael Rosendahl is a good friend of mine
he is exhibited in the Whitney Museum
he's a very successful artist even before
like NFTs and everything like that
and I was talking to him maybe six months ago
maybe longer but actually it was longer than that
because it was before ETH went to consensus
when ETH was on proof of work
and he was saying that these big institutions
they actually are hesitant to collect work
because of the climate impact
that is on a blockchain that is proof of work
and they kind of changed and started collecting some of these
Ethereum transitioned off of
proof of work into proof of stake
so I don't know if that's going to continue to be a barrier
if the fine art institutions or the museums
are going to keep putting their foot down on that
but that's just something that is different from
it's just something to think about
hopefully it's not anything
I don't personally have a problem with it
but I just noticed that from talking to people
it's an interesting point
that narrative took such hold when
Bitcoin, most of it's mining infrastructure
is derived from geothermal
and other renewable resources
I'm still baffled by how well that
took hold in people's minds
because it's completely inaccurate
it'll be interesting especially now too
that you're getting a ton more institutional investment
and buy-in on the Bitcoin side
if this FUD narrative really does start to re-emerge
in bigger, newer ways too
because that was one of the
that was one of the biggest sort of
FUD headlines against crypto art
at least over the last few years
but you're right, maybe it starts to pop up again
Bitcoin definitely wins the
if you want to see the permanence
I think Bitcoin wins hands down
proof of work is a more secure way of doing it
so I think that's the trade-off
you see the title of TOPSA's top ordinals of 2024
as we try to educate across all the different changes
there's so much happening
but try and stay on top of all the different things
I do want to try and get into
what are the top projects
obviously Quantum Cats we've already mentioned
but that'll probably be in the back part of the show
because we still got some other breaking
or new headlines and things to get to
I want to talk about Magic Eden
because they had a bunch of big announcements yesterday
we were able to catch the trailer
or trailer maxis over there on NFT Live
and we got a great new trailer from Magic Eden
which is, I think Q, you were the one that kind of pointed out
this might be the first time that we've seen
in any sort of really meaningful way
I can't necessarily think
of another video or trailer or anything
where you see a bunch of different animated IP
brought to life that are all
representing basically different ecosystems
and really bringing to life
this vision of a multi-chain, omni-chain future
is really what it's about
but they had several big announcements yesterday
so the trailer I think is primarily about
highlighting their multi-chain wallet
but that's literally just one of three big announcements
so Magic Eden in order to of course
market and launch and promote
and get adoption for their new wallet
has to set up a bunch of other incentive structures
and of course this is looking like points
but in order to do that legally then
they've got to separate that out from a bit
so it's like there's steps
there's a bunch of different things
that have to kind of come together
for them to not just launch a wallet
but also watch basically a points-based incentive program
and then also open source the code
so there's a lot to these announcements here
so again not only did Magic Eden announce
that their wallet's coming
they announced that they are open sourcing their code
so there's a bunch of implications of that
but I think most of us here
who buy into the Web3 ethos
believe in decentralization
or open source being sort of a prime driver
that that is actually a very good thing
obviously it could mean that maybe
there's even more marketplace competitors
for Magic Eden in the future
if they take that code base
and try and generate their own products and platforms
but that's sort of part of the risk you take
of being a good benefactor
or being a good contributor to the ecosystem
and benefiting from the ecosystem as a whole
so it's a gamble that they're willing to take
but they're setting up this DAO
called the non-fungible DAO
as if all the different names and acronyms
and ways that we're talking about things
couldn't get more confusing
I mean we know that Pepe and a bunch of other
and then they're just basically usurped
maybe they're just going to say
than any of the other NFT
cash tags and that's all that matters
you can use the same ones
like when you put the token
there's no rules about whether you can use one
I'm just surprised there's no
you know it's interesting
talking about the term NFT
has really gone through its own sort of life cycle
you know we know at least outwardly
there's a lot of negative sentiment
we got a lot of people even internally
then saying oh NFTs are dead
we need to call it something else
it's never going to be NFT
or you know I've often thought
that NFT by and large would be like
MP3 where outside of people
who are actually producing music
or here in this case producing
you know eventually it just becomes
it just isn't a popularly used term
you know you just start to talk about digital art
or whatever the applications of that are
more often than you actually use
the technological format itself
but it seems like you know
a lot of people are also starting to realize
like we're early on this tech
so what if a lot of people don't like it
or don't want to talk about it yet
they're all going to be using it anyway
so let's just fucking own it
and so I don't know I think there's something interesting
just about the trajectory about the term NFT
and how it's kind of I think having a resurgence
within the community at least
of people wanting to claim it back
or you know not shying away from it
I don't know this is a fun tangent
I don't know if y'all want to add anything in on that
I just I just don't call them NFTs
unless I'm kind of making fun of them
what are you doing in my swamp
anyway if no one's got anything else to add
what's the point the point is
Magic Eden might be having their own
of course a lot of people expecting
part of the incentivization
not only to incentivize people
the Magic Eden platform which I believe
this is specifically going to be
benefiting people who trade on Solana
very well be expanding to Ethereum
I assume there will be some kind of benefits
or incentives for people who are early adopters
and users of their wallet
it seems like what a lot of the new wallets have been doing
or different airdrops to get them to install
everybody's playing these points games
right now and it seems like
Magic Eden is entering the fray
I guess the other quick part to add to this
perspective is you know again they're separating
DAO called non-fungible DAO
they say decentralized organization
on a mission to develop and drive
adoption of the protocols
that will power the future
and you know it seems like
the ape coin DAO situation
where again for legal reasons
yeah they just have to keep the token
obviously like I think Quantum
I thought Quantum was on stage
our experience with the ape coin DAO has been
point to ape coin as a way for
a lot of early investors to exit
just using that as an experience
and kind of pointing at this and saying
make sure you read the fine print
on a lot of this stuff if you're
or their token or what have you
a lot of times these tokens are
for people who are locked up in equity
Fair point, fair point, anyone got anything
else to add on any of this magic
again it's a lot to kind of
I know that's kind of a pie in the sky and like
I'll see it when I see it but at the same time
you know good for them for trying
you know at least they'll be nice that
that could possibly be an option
have a wallet that doesn't
just lock you into a certain
of the wallets are all multi chain now
you know MetaMask is definitely
multi chain, Phantom's been
I know Ledger's pretty widely used
in terms of that but yeah
it's nice to see more, at least
it gives you more options
it's interesting whether we even
want these ecosystems to be
together right because if you
look at the trailer there is a point where
they show off the webpage and
it's just the NFTs without any
indication of what chain they're on
and right now if you go to Magic Eden
you can see like okay I click over to
Bitcoin, I click over to Solana
it'll be interesting that the future that
we exist in where you can
pay with one token you know like
let's say USDC and they just
obfuscated away, do we even want
these NFTs sitting next to each other
look at it by chain as some kind
of filter but to your point it'll probably
become less prominent or more
exchange art that does Solana and
there was some claims a while back
side where you can just basically
select oh I only want to look for
that they support as well
like it was either Avax or ARB
love it and y'all if you haven't
already shared out the space go ahead and do
that welcome everybody happy to have you
here with us on GM Web 3 the greatest
morning show that ever existed of course
yeah we're getting into we got about 30 minutes
left before we jump out of here over to
YouTube for NFT live we do have a link
so I'm pinning that up top again
so put some love on that and make sure to come hang out
with us over there as well
we always jump out of there and we're now doing that
even on Fridays the Friday
I mean it's always a good time but anyway
alright let's hit a few more things
you know again the Magic Eden combo
I think we're going to be
talking a lot about because again this is kind of just the beginning
for them a lot of new products
you know going to be interesting to see how
people play it oh the one last thing to add to
that too is that people are speculating
that one of the top trending
NFT collections of the day
and a lot of people are basically
speculating that somehow these are going to be associated
you know maybe there's some staking
or maybe it's just you know gets you
but it looks like these are somehow affiliated
so these magic tickets have
been flying tons of volume
again I don't have anything else to add to that
it's the first time I've seen Apes
they were obviously like prominently
you're talking about maybe the last other side trailer
this is the last time I think they looked cool
maybe there was some promo around
Hong Kong and things like that
but I think they came away pretty
you know legit in that trailer
I like the music choice as you were talking about
it's a great trailer we honestly should play it again
on NFT Live today as far as trailers go
different IP from different chains
alright Q you've been pinning a bunch of stuff
I'd love to get if there's like a quick
two minute say overview but also any of these
other things that you're pinning up top
looks like some stuff from Avalanche
something happened in there
Avalanche did this weird thing
a detailed but also very opaque
like hey we're gonna support
the coins and the communities on our
blockchain that you know hit
all of these different guidelines and
coin so that's up pretty big on the day
I think from people's speculation
see in the comments as well like that's the
that's making any noise so
that's kind of what Avalanche I think was
getting at was trying to highlight
coin communities it'll be interesting to see
how they do that yeah we know Avalanche has
been at least at the forefront of lending credence
to meme coins as a new asset
class but it seems like they're also
I don't know it seems like there's simultaneously a lot
of opportunity and things picking up there
but also like it seems like they're having
some misses we didn't even mention yesterday on
either of our shows the Dwight Howard
pulled up I just searched for it and the first
headline that comes up is
this is the headline I'm not making this up
NBA star Dwight Howard's Avalanche
fucking headline here so it's not a surprise
that we didn't even cover these yesterday
but over the weekend yeah Dwight
Howard actually launched a 3000
called Ballers by Dwight Howard
to me the latest example of like
a web to celebrity athlete someone
from the outside who doesn't obviously
care enough to like actually embed themselves
in the community and the culture just trying to
come in and basically launch a big project and
extract a bunch of crypto and then
not to do that as much not to just
throw their crypto at these people
the Avalanche? No guarantee of
future results right? Dokyo
though is still number four
this is the other craziest thing
is that we have actually started to see a couple
hitting the top spots and Dokyo
has been consistently in the top
over the last couple weeks now
I don't know if anyone is interested in
learning more about that or zigging while people are zagging
but there may still be an
opportunity to be getting in early
PFPs similar to our thesis on
like say and maybe even base
but yeah Dokyo is still killing it
that's basically I guess the
time for Avalanche so let's talk briefly about say
though Dobbs took a little bit of a retracement
if you've been wanting to get
in on Dobbs they are down a little
and then yeah I know there's like a
fly boys I heard you all talking about fly guys
or something like that I don't know if there's just any
other quick headlines you want to hit on the safe run here
man I was trying to do the dashboard
for the morning show this
morning where we're kind of like trying to
gather all of this information and put it into one
ridiculous amount the amount of
stuff that's happening like that
I feel overwhelmed this early in the process
announcements I mean the Saychix
like almost like Bratz characters
and then the Say Opal team
came out and said hey this is
actually from our co-founder so they went from like
saying like 19 say right now
but that gives a little bit of credence to
another collection I'm kind of
yeah I kind of with Biggie on this one though I
heard Biggie talking about it
better that they may not have even
announced that or at least
held that off for a much longer time
because I don't know that it actually
it definitely helps the Saychix to make that
like so the Say Opals are some
just like really sort of ridiculous
it's like an ether rocks thing it's just like the same
addition of a rock that's in low supply
yeah super high floor price
for not really a good reason other than
it's an early project with a low supply
it's a doubt I guess that's why
but they basically came out and said that this Saychix
project that is kind of cringe
associated with the founders
at least started to pick up yesterday and get a lot more
interest I picked up one or two just to have it
because they were pretty affordable yesterday
who knows maybe it goes somewhere off of
kind of agree with Biggie like I don't really love the art
and I don't actually know that it
Say Opals anyway we'll see
extremely low supply and the fact
that a co-founder of Say Opals is behind
it sets it apart from a majority
that is on the chain right now
I think the best case scenario
for you guys that just want to like
follow maybe you don't have an hour in the morning
just go into the recording
and look at the Xbox and just
scroll through because basically we
posts in there that probably gets you caught up
and again it sounds ridiculous
but that's how much shit it actually happens.
If you just go to pallet.exchange which is the
biggest sort of the quote unquote OpenSea right
it's the biggest NFT marketplace
they're really the only good NFT marketplace
just in the last really in the last
month there's now like almost 70
NFT projects and there's more launching
every single day so this is why
you know we're creating dedicated content
Nifty Q is now running taking
my name for the show Say What
which we're going to probably rename anyway apparently
there's a pretty cool app called Say What
you know we're not trying to stop on them so
we're accepting different name requests
by the way give us some awesome names
now doing dedicated Say shows here
on spaces Nifty Q did his first
morning version this morning
so you can always dig into those
or like you said even just jump in and
flash through the Xbox for
all those headlines because yeah there's a ton
happening over there it's very exciting
we actually had Philip the
us yesterday on NFT Live which is also
another awesome interview if you want to learn more
about what's happening internally
over there on the Say ecosystem
shout out to Philip underscore XYZ
for coming through hopefully we'll get
some more conversations with him
brand new to Say or you've been slow
playing that again we're now doing
dedicated content so you can always check that out or
the fastest way to get involved
compass wallet, check out
you can buy some Say on most of the
yeah other than that the Sayans NFT
project announced that they were
air dropping and don't get
confused here there's a Sayan token
so they were a little bit like if you have a
delisted Sayan you're getting
Sayan tokens which basically took
the project and made it flip dobs
a parody now they found parody
they're both sitting right around 555
which is pretty wild and to your point
it seems like Sayans is trying to move faster and make
all these big announcements almost to like keep up or
sort of leading narrative
also committing themselves
we don't have to spend any more time on Say
I do want to kind of move on to other things
and again try and get into a little bit more
ordinals talk but we do have some
some teases coming out from
you know they're getting everybody high on
Sunium don't know exactly
looks like there's going to be some big things coming from
them I think it's worth mentioning
guess since we're now shifting over to
Cool Cats got a major bid
a bunch of people sweeping the floor awesome to see
the cool cats getting some love started to see everybody
you know pulling them out
getting the are you this old
definitely are going to be around
and maybe one of the next ones to pop off
but it does seem like a lot of the
IPs that's a whole lot that's a fucking
awful but I think I nailed it
are now starting to get more interest again
number three biggest collection by volume
it's just under crypto punks
basically like ordinals and crypto punks
are the only two things with higher volume right now
Doodles we haven't really had a lot
issues to talk about but it looks like
Doodles are starting to get the bid
the question like okay we are
a lot of us in this room a lot of us
you know Ethereum Maxis the
we've been expecting that at some point
a lot of these more legit projects
are going to pick back up and that they
are worth hodling and that they are indeed
as actually valuable and interesting
as we thought that they could be
so what are the next ones going to be
QQ's over here being like no
they all suck they're all going to zero
maybe moonbirds could be one
I mean that's another one that's been very beaten down
and you know I don't want
a whole hour long diatribe right now
curious you know what y'all think about
Doodles getting this bid cool cats picking
up maybe some of these other
projects picking up is Oni Force
next are they all next I don't know
a morning show and that we've
been covering price movements for a long
that the communication and
the interest being around
we have to like kind of think about
is proven out it's like we'll
know now a whale just bought a bunch
and you're going to dump it on blur five seconds
know we're a morning show so I
say that as a little bit of a hypocrite
but it's just exhausting. That's fair
so basically QQ just feels like this is just
an ebb and a flow and not
it's basically just a dumb little
it's not even a footnote in your opinion
the tides are turning and the interest is returning
back to some of these Ethereum
well I think if you have a good point on
I think you had a really good point about IP
different IP can hit that
and I think that that was a really good point
start thinking of what IPs
have that crossover that are
I just heard some of those igloos from Pudgy
Penguins today and I gave them to my
the penguins. She didn't want to give them up
she brought them into preschool
I was like you gotta put them in your bag
that is like what has the crossover
that can go beyond just the
degens and really make a mass
so what got us into that combo I appreciate you bringing that up
like what's the difference between a V
Friends and a Pudgy Penguins
even though they're kind of doing similar
strategies you know trying to do this
plushies and characters and cartoons
that are really family friendly or
even really targeting kids
etc. what's the difference
accrue a ton of value and appreciate
how V Friends has really been struggling
pretty large supplies across their extended
collections I do think V Friends has
even more supplies so that is a
little bit of a difference but to me
the primary difference is
the actual quality of the IP
and what you were saying which is
both the web3 and the web2
very difficult balance what
I was trying to get into is
identifying this it's very
difficult to be able to build
a bridge across those two communities or find
that balance between the two things and
Pudgy Penguins seems to have been able
to do that somehow they are
still cool enough and interesting enough
degens while they have that
mass market appeal they're cute
and they can be brought to life and expressed
in all of these very family friendly environments
in a lot of different ways that's a tremendously
difficult thing to do and it seems like
that gap between the web2
family friendly audience and the degens
as far as V Friends go they haven't
really been able to build that bridge yet and they've kind of
fallen into the chasm in between
that was kind of how I was looking at it
and I think part of that is
in the actual artwork the characters
the worlds that you're building but also
just in the execution of it all how are
you marketing it where are you marketing it
how are you communicating around it all the
different things it seems like as
awesome as Gary is with communication
and marketing I don't know that he's
really figured out a way other than
amazing conference events
I don't know that he's found a way to really communicate
audiences very effectively at all
that's a whole other combo we don't have too much time to dig
into it but I appreciate you bringing that in
Cole was the founder I believe of Pudgy
Pringman's correct Cole Therium
I don't know was that directed on me
yeah I mean you're talking
directed at the stage I just want
to make sure I don't put my foot in my mouth but Cole
the founder and you can tell that he has
you know a prick that the guy was
obviously had inroads into
degen scene and the difference between
that and Pud in B Friends
which was founded by Gary B
and so when I made the comment on
NFT Live it was basically like why
why do I see a bunch of DeFi
folks rocking Pudgy Penguins
because for the longest time that was their
when you look at the two quote on quote
founders I guess Cole's not a part of the project
but when you look at his background
yeah so it's kind of there in the
DNA I think that definitely is
a big difference so that's
a good call out there but I think getting
to Raven's point and coming full circle
here looking for those projects
can actually bridge that gap
I think is where you're going to be striking
gold and again maybe Cool Cats has
done a better job of building that bridge
and is finding some of that
Doodles definitely has been investing
in building that bridge and probably has some of that
so yeah what are the other projects
I do think Oniforce will have
yeah you know I don't know if
anybody has any other specific projects that they think
do sort of strike that balance
that we can throw in here
but otherwise I want to keep
us moving forward as we got about 10
really really big talkers up here
alright Mo we didn't even say hi
to you Mo you always sneak in here I feel like
in the middle of the show or something and I don't really
get to say hi to you how you doing?
alright I'm happy to be here
I love it great to hear your voice
anime foundation thing do we want to hit that
briefly before we sort of wrap up the show
San Fran Tokyo we faded pretty early
we didn't really do any type of deep dive
on our show multiple times
looks like they're partnering with Animoco Brands
which again is my safe word
by whatever means possible
so San Fran Tokyo probably still runs
do we know the nature of the partnership
foundation is going to be working
and Animoco Brands and there's an anime token
it's already passed for me on
multiple fronts I'm going to
alright I guess I'm taking over
alright let's wrap up the convo
to really sort of diagnose a little
bit about what's going on over there again
an Ordinals expert but we have been
actually tracking and following Ordinals
I'm still trying to figure out what are going to be
my entries, what are the best ways to get in
and actually start collecting them
just want to keep learning
together and talking a little bit more about
it as we do our best to be
chain agnostic and just pay attention to all the things
link for NFT live pinned up at the top by the way
the one project that I've
been watching with interest
right now, well I guess there's two, I've been watching
Bitcoin puppets a little bit, it seems
like that one for whatever reason
might be a heavy degen play
is the other one that I've been
watching, that just had a big
successful mid out and is definitely
one of the more high quality
in the Ordinals ecosystem right now
at Magic Eden at least at the top
one actually today was an airdrop
which is these RSIC meta protocol
we don't have to spend too much time on that
but a bunch of people that have been
in the Ordinals ecosystem basically
sizable airdrop yesterday
associated with runes protocol
so if you want to check that out, maybe I can find
them and pin them up top, who knows
you already missed the bust there
involved with them now could
have a, I don't know, could be
I think I found a rune coin
maybe, I just pinned that up top
so you might want to check that out, again they just
did a big airdrop, but anyway underneath
meta protocol Ordinals we have
bitcoin puppets, pizza ninjas
sats and then bitcoin frogs
are node monkeys, bitcoin boos
ninjas, and then bitcoin frogs
remained, the bitcoin frogs
feel like the provenauts owe GPFP to me
pretty much ever since Ordinals
have been a thing, I've seen bitcoin frogs everywhere
kind of seem like they're
ponies, I don't know, they seem like they're
really getting a ton of love from
a bunch of big people in the space
and they just have something about them
feels like maybe the MFers or like the
feels like a more refined, like a doodles
and then bitcoin boos I really don't know anything about
and it's interesting, bitcoin boos are actually an
they look like ethereums, that's a strange move
that's basically just what I'm looking at
I'm curious if y'all have any thoughts on any of
these projects, if you're watching anything right now
the other one that we already mentioned
up front is what's going on, quantum cats
there's taproot wizards, which isn't
actually listed on here, I'm not actually
sure, is that because biggie poppins, you can't
buy them on most, they're just
basically not listed, they have their own marketplace
I think most of them aren't listed
well, they haven't been distributed
right, yeah we talked about that
like, they technically exist
but as a collection that's tradable
and secondary, they don't exist
they haven't been claimed by
their owners yet, today was the last
day, like just a couple of hours ago to
anybody that did not do that
like myself, will have to
in the mempool on time and get one
of these things, we'll see
you're talking about the quantum cats?
yeah, I'm talking about the quantum cats
okay, quantum cats is associated with taproot wizards
which is why it's so hyped, everybody just did this ridiculous
sorry to hear that you didn't get one
and I still think there's a possibility
but we talked about it, the price
pretty much every other ordinal collection
since launch, has not been
and going into this shaky
term that we're seeing in
there might be an opportunity yet to get
one, and if not, it's cool, we've got
some good people that have submitted
and are going to be in there
are probably going to be another very, very
legit big ordinal project
just based on how much interest there is
the other big drop recently
that I am at least pretty aware of is
the shadows, which came from the
I'm trying to get my entries and figure out
how I want to play the space
to look at the space right now
you could either say, I think it's been
you're probably still buying at a local top
well in the next run, probably
better to be waiting for more
wait for some of this frothiness to just
kind of die down a little bit
or you could say, actually we're still
Bitcoin ETFs, the halving and everything
coming up, you want to be
will start to come in and discover
some of these bigger projects
so I'm just curious where y'all's minds are at
where do you think we are in terms of the life cycle
obviously it's still pretty early but it has been pretty frothy
so yeah, what are y'all thinking?
I definitely like the communities you brought up
really good sources of alpha
and also that they're going to be
building stuff in the future
but it's more of a culture thing
I wouldn't expect a lot of
there's a lot of degens so you will
probably get some solid alpha
I think the ninjas and the top wizards
and you'll equally get substantial alpha
anybody got any other points?
if you're looking for cheap entry alpha
honey badgers is still the best
met in them back in February
and Akva the founder is like
they did Solana inscriptions
technical stuff that they've taught people
there's a lot of alpha and they
like to teach people so it's a really good
10k total supply which is definitely a pretty high
supply for an ordinal project
as far as I know but obviously
not totally uncommon for PFPs
in general the art's actually pretty
good as far as a lot of the Bitcoin
ordinal art goes I would actually say
that these are pretty cool
and yeah I've heard you all talk about them before
per se but I'm just saying if you're wanting to
that's where a lot of, we've got a lot
a really cheap entry so if you're
new and just wanting to explore stuff it's a
great community to get involved with
hey they're getting cheaper every day right now
Bitcoin's plummeting, Bitcoin's
going down so technically they're getting super
cheap every day right now
and of course when we say super cheap we still
mean hundreds of thousands of dollars
but okay so honey badgers
love that, thanks for sharing that one and we are
about to jump out of here in just a minute, does anybody
else have any other quick thoughts on ordinals
where you think the ordinals
market's at, is this a good time to be
frothy, any other projects
that you're especially interested in?
What's kept you back from like
diving in head first, because I
feel like I have the same answer and
we've been hearing about it for so long
and I still have to get through it.
Because I'm trying to get wiser,
I'm trying to be smarter than I've been
and because it's a new ecosystem
that I don't know a lot about
and it's incredibly expensive to
absolutely taking my time
and say it's a very different thing
right, say with a couple hundred
dollars you can basically go degen into a
bunch of cheap projects and a couple
of them don't, but at the end
of the day your risk to reward
doing pretty good maths over there.
On Bitcoin, Bitcoin is so
valuable just to hold on to it
and it's so expensive to transact
it's just the calculus and the mass
is like way fucking different.
I think you're doing it right
if that's part of getting
wiser, you're not aping into shit
time to consider all angles
and think about it. I know sometimes that can
I think you're going about it.
I also think that the liquidity situation is different
I think there's less liquidity
on a lot of these projects than
an Ethereum or a Saif project.
let's get it straight, the liquidity's there
I just think it does, I think
that liquidity is also hesitant
very much in the same mindset that you're
describing yourself right now.
That means that there's less
trading volume and less liquidity within a specific
project. Even if you're right, the money
is there, if it's not buying it and selling
it, there's no liquidity on the project, so they don't
trade as fast. So you can't get in and out.
I think within Q1 you have Stacks
protocol upgrade which will
a lot of DeFi development there.
You have Taproot on the way
and a couple of other L2s that are also
doing things in that regard to
mobilize that liquidity or make it
more accessible. But when it comes to
ordinals, in my opinion, I think that's
my issue, right? It's like one thing is to
I would say I could afford that.
Another thing is going after PFPs
and I do think that, you know, that's why we're
so interested in teleburning is that
you are able to inscribe and
pay in a different currency, right?
And I think that will be very attractive
to many people that are still
hesitant to spend their Bitcoin and rightfully so.
It's going to be interesting. We've got to wrap up here
but we do have a very, very special
late joiner, late friend hopping
up her cake. Mother heck, a Nygaard who by the way
was calling out sappy seals.
We didn't mention them. They might be one of the next
projects to run, which I actually think there might be a
little bit of alpha there. I don't know what the four is though, but cake
Nygaard, what's going on?
I didn't say that publicly.
I just said it. Now you have.
You just hopped up to say hi.
Puppets, you liking the puppets? Alright.
Alright, I love it. Alright, well y'all, that
has been another awesome episode of GM Web 3.
Thank you so much to our amazing hosts and contributors, especially
cake Nygaard for contributing so much to making
this show happen today. Give him some love.
Follow these amazing people here up on stage.
We will be back tomorrow morning here
on the spaces with more GM Web 3.
But right now, right now,
ladies and degenerates, it's over to
YouTube with us. The link for NFT Live is pinned
Let's go out with some new music that I found
yesterday that I like. This is from
and James Young. It's called
Sun Don't Shine. I hope you like it.
I hope you have an amazing mother heckin
No, that's not what it's called.
Say what? No, wait. We gotta rename it.
NFTQ's doing say content in the mornings.
Let's just call it say what until it's not.
Alright, we'll see you on YouTube. Stay blessed.
We'll see you on YouTube.