$TOSHI IS THE $BONK OF BASE?! ☀️☕️ Gm Web3 Morning Show Ep321

Recorded: Jan. 18, 2024 Duration: 1:04:51

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looks like we already got a toshi down here what's up tricky what's up boo what is up jess
gm gm gm happy to have y'all here
wake up together get into it
it's going to be a great show it's the last show the week hashtag first shot
Thursday and we have our thirst trapping queen of the kingdom with us so good
what's up King Alexander great to see you here
alright we'll see if we can get Q in here in a bit but we will kick off the show
this is the new time new format we're doing at 9 a.m. PST packing all the info
into one hour now before we head over to YouTube of course for NFT live which we
will be doing
this shows been great we got some amazing contributors now joining us over there and
we have a new friend hopping on OG from the community but DP is going to be
joining us today on NFT live so you don't miss that but there's a lot to
cover today a lot of news a lot of things happening it's a busy time we're
like well into the new year now and everybody's launching products and
updates and it's exciting there's new projects launching there's projects that
have been watching to check back in on there might be a new avalanche phone
this new phone metas going crazy because of everything happening with saga so
yeah we got a lot to talk about what's up quantivarian GM cake Nygaard already
here holy heck what's going on cake when are you gonna come and hang out with us
bro come on up and hang out with us if you can I know you're not big on
talking but uh you're always welcome great to hear your voice what is up
bass the void great to have y'all here go ahead and share out the room do the
thing with the thumbs doesn't cost you anything but it makes a big difference
and let's get some more friends in here GM nifty Q how are you nice nice fit
today are you talking about the cream on cream with OJ hoodie I'm talking
about you my my daub famous co-host yeah that actually took off didn't it
the Dobbs know how to party so it's been fun it's been a fun ride you know in a
world where most everyone is actually just chasing the different airdrops and
all these different chains exact it feels like the Dobbs are having some good
vibes yeah be be proud of yourself let your daub flag fly nifty Q pin that
shit up top if y'all don't know what we're talking about nifty Q came on
NFT live yesterday dressed up as his daub PFP and took a screenshot and that shit
went viral people people absolutely loving it it looks he looks great and now he's
daub famous I think he I think you're the first daub famous niche internet
celebrity I think my favorite part about the whole thing though is how proud you
were that I actually had some style on video I you were shocked because normally
you come in just looking haggard from the night before which I do but you know
you've got like a Cowboys hat and you know like some janky old hoodie on you
know probably got our cats hoodie from 2021 that didn't age well and you know
and that's how we do it usually but no you came in looking very dapper or
dauber I should say yeah it's like it's like we're growing up man no but it's
great and I love to see the traction so yeah no you haven't pinned it up top yet
I don't know why not I'll have to go find it for you I guess but anyway ladies
and degenerates welcome to GM what three the greatest morning show ever ever we
got a lot to cover like I said knock amigos crypto trading cards I guess we
have to mention that briefly Nifty Island watching board a biot club heading
back to the yacht club say goblins blast ecosystem updates there's new products
you know they've been starting to test their new their blast l2 they got their
testnet up and now everybody's starting to announce products and different
platforms for it so we got some updates their juke airdrop details are you are
you just exhausted reading that too like how I mean there's there's so much in
here right crypto slam of course we got the zeely airdrop we could mention that
we're gonna be talking about that but first and foremost before we get into the
news and the goodness before we dig in to the Tootsie Roll Center of this show
you got to share out the room that is key that is your key to generational
wealth again most people they don't fully understand yet the implications of
sharing out this room that it's directly connected to the trajectory of the
crypto market and the more shares and reposts and comments that GM web 3 gets
the more your bags will pump in the upcoming bull run that is a fact that is
how that works and make sure if you haven't already go ahead and share out
the room tag some friends and let's get it going nifty Q is there anything off
the top of your head that you like really want to get off your chest like
and any any breaking news local news things that you want to lead us out with
here I was busy sharing the show so I'm not really prepped for that but I
to the nifty Island world builder and I want to get your take I want to know if
you're a real gamer I want to know what you think I'm building here whenever I
pin this up top but yeah the nifty Island world builder was really cool man
they've done a great job I'm just gonna go ahead and on my cursory glance I'm
gonna guess Super Smash Bros but I have no idea all right he's not answering
I'm gonna I'm waiting for you to look at do you see the photo I saw
it and I told you on my cursory glance I'm gonna guess Super Smash Bros you
never played Halo back in Taylor okay I could see that no of course I did but
I haven't played in years I mean Jesus I'm 36 I'm the only game I sit around
playing these days is rocket league come on I'm a grown-ass man anyway alright so
nifty cues in the nifty island and that just makes a lot of sense he's
already playing with the world builder that's cool get a little bit more into
that but you know maybe let's just you know since you already brought it up
let's lead it out here my understanding is there was some sort of snags on the
initial like rollout yesterday it seemed to take them that's some issues but they
did get it up I guess it's working now so you're in the game have you have
you been playing it much or are you just playing with the world builder
right now yes I mean it's definitely a little bit janky it's a beta product
there were a lot of people trying to jump in I joined Caggies Island which he
recreated like a Call of Duty arena essentially and played a little bit of
team deathmatch and it definitely confirmed that it's blankos right
there's like a lot of blankos features but obviously the innovative part is
that they've worked with all of these collections so you can just jump in
with anything which is which is fun to see I mean you see people with apes you
see people with you and they're all just running around having a good time
blasting each other up okay but I mean yeah is it innovative do you feel like
it's innovative or do you feel like it's just blankos with a shinier grill I think
in order to get that amount of different communities in there and have those
models and some of the collections actually have unique one-of-ones for
every person's NFT and I think that's a heavy load so I'll give them their
flowers okay shout out biggie pop it's shadow SSP great to see y'all in here
sunny black great to have you all with us as we get into the news again this is
our new format we're only doing one hour starting at 9 a.m. so we're just getting
into it yeah we got a few toshis great to have you all we will we will talk a
little bit about what's going on with base and toshi and meme coins and you
know the the Joan phone is maybe a good way to get into that I did want to
mention briefly Bitcoin pizza ninjas mint day is today don't want to miss it
that's pinned up top so this is a pretty anticipated ordinals mint that I'm gonna
be looking at I'm not actually sure if this is like allow list only but I might
try and make one of these I'm trying to figure out what's gonna be my first
orty I was looking at the puppets not really getting great vibes over there
yet I'm trying to figure out what what is gonna be my first orty I don't want to
just hop into some some junk some bullshit and I don't know maybe we'll
see how this mint goes we'll see how the pizza ninjas go but that's happening
tonight 6 p.m. I think that's EST they don't actually say in this specific
tweet but I'm pretty sure it's 6 p.m. EST which would be 3 p.m. PST so if if
you're following ordinals that might be one to watch Biggie's hopping up here
Biggie do you have anything any Alpha or insights or any updates around the pizza
ninjas you do you know anything about it yeah you're right it's EST GM gif I'm
kind of for GM biggie I couldn't find GM do YouTube biggie GM Q he knows he knows
who matters up here Q it's different shows yeah no man I I'm frustrated man I
was looking for a song for you to this this morning but just couldn't get
something dang God all right well that's all right well I guess we'll have to just
do the show without it it's all good I I guess I got some dude I heard you say
you're gonna ape into the pizza ninjas man be your first ordinal well is it a
lowest only that's the question I don't know I haven't followed it closely enough
to even know if there's an allowist and so if it's allowist only then I might not
be there is an allow list and I don't know if any of them will make it to
general pop elation but there you go then I'm probably not gonna be getting
one that's that's how that goes how about you cube no yep still slow
planning but all right there you go I mean yeah nothing else to add to that
really and a lot to cover so it's a big unless you got any other last thoughts
on why why you think it's a good collection you know all my friends are
making money on ordinals I'm happy okay that's all sorry bro you you've got
that job generational wealth incoming of course I'm still not tracing the ninjas
either though to be honest not in my calendar I will not be playing in the
mean pool I'm going after them cats that's what I'm after quantum cats yes and
we talked about that yesterday so I don't know if we want to spend much more
time on that today maybe we'll get into it a little bit later but yeah quantum
cats is the other big ordinal mint that I am at least it's on my radar that I
know about pudgy okay pudgies are just flying what I don't want to spend much
time on that but it's worth mentioning since everybody's talking about it cuz
nothing can stop them right now and it does seem like the flippering slash the
flapping is programmed everybody wants it to happen I said this yesterday and now
and flipperings betterings better for sure I said this yesterday on NFT live
and now I'm seeing other people basically say my own thoughts back in their own
words which is that it seems like everybody wants this to happen and so
people are just gonna like meme it into existence like the momentum is there
and people want to see it my question is why is that like what's the sentiment like
is it a positive sent them like go pudgy go or is it like fuck the apes the truth
of it is is because heavy metal Forge sucked that's basically it okay right on
yep well now imagine how much they do move with news which it feels like
that's coming just like we all feel like like you collapse gonna have some big
drops or big announcements coming like much he's not done anything I mean and
they have they've not announced anything other than pudgy world like imagine when
they actually announced some news crazy so like I didn't think pudgy penguins
would ever flip board apes above 20th right we talked about this the other day
somewhere like between 15 and 20 like under 20 made some sense but dude now
all of a sudden I'm starting to see that scenario where it could be over 20
it's crazy but I liked what you were saying who to in your five minute
video is also about like I think it was you like the space is just better also
when board ape and and that whole ecosystem the ecosystem is also thriving
and doing well and the thing is like we need competition I I don't like the
zero-sum game like you know fud everything that I don't have if it's
not my community like fuck them it's like we need more people just rallying for
the space in general and everybody winning and understanding that like it
really is all you know tides rise all ships together what I don't know what
I'm saying I'm not a full way and it just just adding to that gift like it
might be good for board a biac club like the competition is probably good they
haven't had a no quite some time that's probably what's brought them down is
that they're just like well who are we fighting for what are we fighting against
so what's what's the who's the thing that we're competing for like keeping
up with the Jones's you know they're they're now having to keep up with the
pudgies and they are shipping they updated their website which I haven't
got it checked out yet but it looks cool so if you want to go check out the new
website and let us know what you think what us know but yeah board apes is
shipping and making more announcements their whole realignment is is is going
back to the basics as they say it but it's just like let's make sure that
we're that we're refocusing on what made us great which was having a super
awesome engaged community that loves us and so yeah it's just like realigning
on on what's important reprioritizing community at the center of everything
and that's great go ahead Q I just want to give a shout out to all the Toshi's
here I mean we've been getting on to different chains doing all that stuff
I'm sure obviously they're heavily into base and we've been supporting it I
know that this is probably the first time they're seeing this show but yeah we
love base I mean I didn't expect to see what's you know what fuck yeah fucking
love the Toshi's you know if y'all have a representative send send your leader
whoever your leader is come come on up here and come on up here and hang out
with us and let's talk about it because I'm sure y'all know probably things about
Toshi that we don't even know I don't have any of the NFTs I do collect the
coin let's just hit that real quick since they are in here and they're
they're probably like what are we gonna talk about Toshi so you haven't been
the discord gift that's what you're saying no I had the only discord I've
joined in forever is Dobbs bro so look the everybody knows how meme coins work and
that is that whenever there's a chain a new chain a new ecosystem whoever the
founder of that is has to have a pet that's that's one there there can't
there's always a key no it's not always on Avax it's a dog one time it was a
dog the point is it's a cat or a dog Q what's let's understand that the initial
the initial meme coin was doge so it's let's not forget that actually the two
initial meme coins were both dogs and then there's bonk too that's also a dog
come on man it's dogs and cats you can't you can't just throw the dogs over the
bus like that's fucked up there's a lot of founders that have cats I don't
understand the correlation there but a lot of founders have cats yeah and easy
to take care of and require no responsibility sure the point is that
when there's a new ecosystem then the founder must have it have an animal and
and when they have an animal then you are ready to launch a meme coin on that
ecosystem named lovingly after said founders animals this is this is this
is I didn't make up the rules this is just the laws of crypto as we know them
this is how how the space works and so Toshi and mochi I guess they're
apparently Brian Armstrong's cats so there's actually two contenders but Toshi
is like the the real one I think Toshi's the box we can argue that out
maybe maybe there's a case for like and again maybe competitions good like that's
you know maybe maybe that's the whole point is that by having a mochi Toshi
off the jump is already set up to succeed because it'll have to like you know
compete with each other and keep up with each other they'll they'll drive each
other to further heights it's kind of like having sibling rivalry within the
household you know I'm saying like you really push each other so that's what
I'm expecting which is the bigger pussy right exactly I think right now
it's Toshi and so I've got my bags packed accordingly I've got more Toshi
than mochi I'm stacked in that direction but uh look why why are we talking about
this why do we give a shit it's because obviously you know meme coins have kind
of established themselves as a legit asset class this is the crazy thing that
not enough people are talking about I've just barely started to see people even
acknowledge this avalanche actually doing work in this regard to establish
meme coins as a legitimate asset class because they've they've come out and
said basically like yo we we are going to be focusing on developing a meme coin
ecosystem on avalanche because we believe so much in the value of this
asset class so it's only just despite the fact that there's excuse me that
there's been billions of dollars trading in these assets for years now it's
like people are only just now ready just to start taking it seriously for some
reason but that's fine that's just how the world works some people are faster
to these things and others some people are you know it could also be just
grasping at straws no good like avalanches yet to really consolidate
like a sector in the crypto sphere right like it's not defy it's not an FT
real-world assets have taken forever so maybe they were like oh well you know
what meme coins that's gonna be our thing yeah this shit coin yeah however we
can get volume please anyway so Toshi is has potential it seems like right now is
the chosen meme of the base chain which were very bullish on what we can talk
more about that in a moment but most recently of course bonk has been the meme
coin that everybody it was kind of Pepe then it was bonk became the Pepe of
Solana and now Toshi could become the Pepe slash bonk of base Toshi also has an
NFT so it's like you know it's already got its own like community behind it
it's not just a meme coin so you can again shout out you can see some of the
Toshi's in here what's up y'all shout out huda also gmdu how you doing all
right we missed them so yeah I guess that's that's the gist of it other than
I'll just add in the context for why I'm betting on Toshi and why I think that it
actually it actually has potential to maybe get to that you know billion dollar
multi-billion dollar total value locked level or market cap maybe I should say
that why do I actually think that Toshi could be in the range of a bonk or Pepe
or you know a Shiba Inu or something like that well it's because Coinbase is
absolutely a juggernaut it's set itself up is basically like the the
marketplace in the United States for crypto they're custodying most of the
ETF funds I think like they're partnered with all the big ETFs now they're not
going away and this is their layer two and they're gonna be investing very very
heavily in it already they've already shown some good product market fit like
they've shown a couple good applications I mean friend tech wasn't didn't last
very long but we saw you know that was like an early application that at least
showed the potential for you know launching a product getting a lot of
liquidity and interest very quickly over there they had the on-chain summer
event which Jess was part of by the way first poet minted on base shout out Jess
down there that seemed to be pretty successful it showed people how easy it
is to bridge over there they've had friend pet a couple other things yeah I
don't know if I'm missing any other apps that they've already had over there
but I I just think that Coinbase is going to invest very heavily in it
this year and that base is going to be a remarkably I don't I think it's
gonna be a big player and so I think once people like there's a few more
catalysts over there and they do a little bit more development maybe they
have one or two more applications launching all of a sudden people are
gonna realize that oh shit coin bases L2 is is not fucking around and and then
Toshi was gonna fly not financial advices by the way we're not financial
advisors I should say that should have said that already but uh we're just
talking about cool shit on the internet always remember do not speckle
all right anybody got anything to add I'm just I'm just running here just talking a
lot yeah the so when we were making these kind of moves to other chains when
we started I think the GTO airdrop actually got people off their ass I
think it was just a large enough airdrop for people like shit I need to be
actually like looking at this stuff the the argument about the viability of
you know having people jump chain to chain and whether those people are
actually gonna stay I think is a great one I think you're you're if you're
sitting there you're like why does all this shit exists a lot of it is because
they're trying to attract people in a very like marketing sense there they're
they're paying via their token and they're trying to get people into the
platform if they stay and the more chains that exist and the less people
that we have coming into the ecosystem I think it's a really good argument if
you're sitting there saying a lot of this stuff is not gonna be around but a
lot of the stuff will and that's the part of the kind of equation that we're
trying to play out so are all of the meme coins that are popping up on say
and meme coins on you know base are they gonna be around in six months with
any type of community and any viable way probably we know it's it's only if
they are the OG named after the pet of the founder yes that's what we're
saying here there's a very clear meta and strategy and law of how meme coins and
crypto work come on yeah when we were making these bets I think I put more of
my time into base like obviously we are trying to spread ourselves very thin and
the more chains you're on the more wallets you have to set up again it's
it you guys know if you're listening to this and you're doing the same thing you
know how exhausting it can be to track all this stuff so you know I was
primarily looking at base and I think say I and you were asking me why say over
base I think I remember you sending me that message it's just momentum at the
time like there's sentiment there's liquidity there's it just has more of
those features it has it has a reason it has a legitimate NFT marketplace for
one thing like I don't even think base has a legit NFT marketplace yet it
doesn't have a native it doesn't have a native marketplace these can be traded
open nobody wants to do that yeah so yeah so look I think base will get to this
point but say I was just kind of mentioning you know we put out the
feelers and it felt like in the moment we were seeing more interest and
sentiment I think it probably has some centralizing factors I don't actually
know all the specifics but I've also listened to their team talking about it
and I know that at least initially their plan is to have it fully
decentralized like they're they're coming at this from a web through ethos
and they understand that a lot of people won't take it seriously if if
they don't you know treat it like a like a decentralized I agree but for all its
merits right like until that moment comes like I think you're still I don't
know I still have a hard try trouble like separating the two right they're
like joined at the hip very much like BNB is with Binance and we know that it had
like a phenomenal go right like last cycle but if it's gonna remain tied to
the exchange then it's gonna perform accordingly right which I still think
it's mostly a bullish side effect but there is that issue with the hardcore
decentralization maxis and something to sure but I am is it centralized do we
know that like you're talking about about the amount of validators right and
whether that's mostly coin yeah who the validators are and how you know
independent they might be right yeah yeah that's a fair question I don't know I
wish we did I'm sure it's not as decentralized as you'd probably like out
of the box I don't necessarily see it as a weakness for an L2 because I I'm kind
of more focused on what are the benefits of it to build quickly and
capitalize on the upcoming run at the moment and just knowing that Coinbase is
gonna be fully behind it wanting it to succeed and offering a ton of different
opportunities for utilities and value for the people that participate in that
ecosystem is kind of the main thrust of what I'm looking at the other thing yeah
that's the opium and I I'm smoking it I wanted to bring in the the phone
aspect of this here because it leads into another headline today which I I
don't know if anybody's entirely a thousand percent sure yet if this is
just an absolute troll because it very well might be but it's still funny and it
shows that what has happened and transpired with the saga phone success
they off the back of the bonk again what meme coins are doing now and
farming and all of this to get people more excited about other aspects of the
space I think can't be overstated we now potentially have serious new like web
three hardware startups happening off the back of the success of a fucking meme
coin can we take a moment to understand this this is fucking phenomenal so pin up
top Trader Joe's which is like the primary decks on avalanche I think it's
the most popular decks over on avalanche tweeted out an image saying
connect with defy connect with the world connect with your community Joan
pre-orders opening soon with an image of a Joan phone again could be a complete
troll or they could actually be trying to capitalize on this momentum right now
and watch an avalanche based phone which even if it's a joke it shows that
you know there could be more people taking this much more seriously right
now and and why would people be buying this people might actually want to pre
order and buy this shit because people look at these phones now as possible
meme coin printers if avalanche is indeed strategically targeting meme coins
as a asset class that they want to be focusing on building well then how are
they gonna market and get adoption for their avalanche phone they're gonna
package it with every single fucking meme coin that they possibly can I think this
is a this is a Dex though that's good so Trader Joe's biggest yes avalanche I
don't know if they're on different chains so it's not coming from but it
would be an avalanche heart like phone regardless of who makes it yes I don't
know I don't know if Trader Joe's has multiple chains that they support though
so it might even be multi chain could be but the point is that why like what's
what's pushing this and like actually getting people excited about you know
pre-ordering $500 web 3 hardware devices even though they already have thousand
dollar iPhones and shit like that is that they think that their meme coin
printer so I'm just saying it's a fascinating situation that's happening
and it's all because of the success of bonk and meme coins I hope I do wonder I
do wonder what happens big I'll let you go I just want to add this this
context they support avalanche Binance chain arbitrum and aetherium crazy so
this could be legit I mean even based on that that actually makes me feel like it
could actually be more serious than a joke big did you have some of you aren't
thrown here yeah one of those things that makes me I mean this is like a
dark horse crazy scenario but not out of reach is that you're buying these
phones right you're probably whether you're paying crypto or credit card
right like you're you're putting in your information your address and all
that if if the if if the airdrops become significant enough to peak the
interest of say certain regulators what's to stop them from being like hey we need
we need all that info of the people that got shipped all these phones because we
want to make sure they're paying their their their fair share yeah we'll figure
that out later cost of doing business I love my DJ and fam yeah well I think
this gets back to sort of the ethos of so much of the space especially within the
United States as you know and nifty Q and I and you big like we've talked about
this endlessly it's that like the the legal clarity and the way that our
government and our legal systems work is not conducive to innovation like you
have to take calculated risks and move forward quickly and understand that a
lot of this shit is gonna like catch up years later but so a lot of people a
lot of businesses and a lot of startups in general do the math and just say look
if I can raise you know millions of dollars or even billions for some of
these fucking tokens and keep building and moving ahead it's like okay if I have
to pay fines or figure this shit out later like I'll do that or they're just
moving abroad and then they're you know they're probably in better situations
there that's that's the other part of that but I mean you either innovate and
move quickly and and get the bag and build the products before anybody else
does and be a first mover and get all the benefits of that and also the
downside of that that you accept or or you decide I'm just gonna sit on my hands
and wait for someone else to do it and don't be the fattest big right if
you're the biggest big get slaughtered and I you know SSPs in the house which
I love to see shout out to you a fam but eight coins going through this
right now the reason they can't move as fast as they want to and the reason
people kind of fudded into oblivion is because the amount of legal that they
have to go through to get anything substantial past and so they're kind of
going through that being the fattest cat in the room when it comes to you know
regulators looking at them and knowing who they are yep all right I want to
keep this moving forward by the way if you are new here you don't know what
we do here this is GM what three it's the greatest morning show ever created
episode 321 holy heck we've been doing this for going on two years straight
consistently here on X spaces and when we wrap up this show we jump straight
over to YouTube for our temple live YouTube show that is of course the one
the only NFT live not joking it's the longest running NFT web 3 show in all
of the world that's not hyperbole I go go find a longer running one and show
it to me and then I'll stop saying that until until you can do that I believe
we can accurately say NFT live is the longest consistently running NFT show
and so we do that straight after this show over on the web 3 network YouTube
channel highly suggest you subscribe if you haven't already we've got a gang of
amazing coz and contributors who show up there pretty much every single day we're
now doing NFT live five days a week we're doing this show four days a week
Monday through Thursday but we're now doing Fridays on NFT live as well we do
have a link already for NFT live up top it's next to the Franklin Templeton
I don't know why we had to throw that up there Q it's questionable side-eyeing
you right now but next to that one we got the link for NFT live go put some
web on that and come hang out with us over there we have a new special guest
joining us today DP Dayton down there yeah very excited to have him join for
the first time we're gonna haze him it's gonna be ridiculous we're gonna
give him a hard time see if he can hack it but yeah so it's gonna be
great a lot of fun probably Biggie Poppins maybe huda we'll see but anyway
all right let's keep it going on to some other headlines and news again we've
only got about 25 minutes to get through a bunch of other things we got some juke
airdrop details this is definitely something we've been talking about
everybody's getting excited about now people starting to speculate it's gonna
launch around two billion dollars two billion dollars in liquidity is what
people are expecting to come from this though please yes go on I mean that's
that's a big airdrop I mean I think everybody's been expecting that this
would be probably the next large infusion of capital the next big airdrop
but yeah two billion dollars is nothing to shake a I don't know shake a toshi
what's what's the saying stick stick so yeah that's what I said here you go okay
so how much how much volume have you done on Jupiter not a lot of that ratio
based on two billion dollars and there you go you have your airdrop gift so if
you're point oh oh oh oh one percent of the volume you'll have your five
dollars yeah I wonder also how I like the original like season one whatever
qualification if that factors in along with this season two part right like the
second part if there's like a multiple or something right no idea but if you can
find it let us know I feel like we should also mention briefly the
crypto slam zealie situation you know we've got some alpha on this I won't
say what I can't say but just know that there's points involved and crypto slam
doing some big things so if you're not familiar with crypto slam it's one of
the most visited websites one of the longest running analytics tools for web
3 and NFTs and they're they're heating up with some exciting new things and
they just launched a quest board on zealie that you might want to check out
again wink wink nod nod I don't I don't think we can say much about that
right now nunnery so there's there's some quest it's basically a platform I
don't want to call it subber I think subber does a little bit different of a
pro it does a little bit different of a service but essentially it runs you
through quests so crypto slime will say hey follow crypto slam follow these
people you get points for doing so and then they actually have these daily
trivia quests which were pretty cool it's like what's the highest traded
NFT ever in existence do you know what it is gift I don't even hear the full
question because I'm trying to find the zealie crystal punk probably it I thought
it was crypto punks is actually axi infinity and they have like a bunch of
yeah there's like nine trivia quests that they do every single day that you
can earn points on and then obviously there's like those one action quests as
well that give you a little bit more points so I'm just gonna go back every
day stack the crypto slam points and yeah my favorite safe word is animoca
backed so that might be wink wink yes yes yeah I love the conversation about
like what are the the picks and axes and shovels of this upcoming bull market and
starting to try and get involved with those platforms that we think are gonna
be really valuable hubs where a lot of the value is gonna be kind of going
through what are the Nexus ease if that's the proper plural because I took
my own advice a little local news here I officially picked up a freaks by
suburb one of the NFTs that gets you like additional additional utilities or
whatever you want to call it like superpowers your your abilities on the
suburb platform which I I'm feeling pretty bullish about right now just in
terms of its positioning and timing as a multi-chain community tool that's kind
of at the center of potentially a lot of allow lists and white lists so yeah yeah
I was talking about that I was doing a little bit of research and I got one
so there you go I'm now a freak well I was already a freak but I'm officially
in the freaks and I guess gonna be digging more into suburb but yeah
cryptoslam I think is gonna be doing big things what was the other one that I was
thinking about anyway all right let's keep the conversation rolling I'm trying
to find the cryptoslam zeely link if you can find that pin it up top I want
to make sure people always know how to get there you wanted to pin this
Franklin Templeton post I don't really want to talk about this but like why
why are you so excited about this other than it's it's funny to see them
completely contradict mark Cuban I mean this is one of the larger firms in like
the entire world I think and they're actually talking like like a DJ like
this is like they're basically the 6529 of their like little little group I
guess right like they're talking in like DJ D's right now and it's wild to see a
company of that size and of that amount of holdings talk like a DJ I expect the
next tweet in that thread to say that we are going to be the meme coin ETF I think
it I honestly think they've talked about meme coins like I have not seen an
entity come in like basically a suit right like these are suits I've never
seen them adopt culture as quickly as this as these guys I mean I think they
are literally talking about meme coins they're talking about private blockchains
not being necessary I mean it's wild if you look at that whole profile I like I
like this against the backdrop of like Jamie Dimon continuing to fucking just
say the say the most ridiculous shit I'm it's so cringe I I want to play it I'm
gonna play it it's it's so cringe it's it's kind of long but it might actually
do something think of a cryptocurrency as an embedded smart contract in it and
that we can use it buy and sell real estate or move data that may have that
idea tokenizing tokenizing things that you do something with and then there's a
one which does nothing I called the pet rock the Bitcoin something like that and
so on the Bitcoin you know there's first and I'm not trying to make a joke
here there are use cases AML fraud anti-money laundering tax avoidance sex
trafficking those are real use cases he's not trying to make jokes he just
is a joke he doesn't have to try and you see it being used for hundreds maybe
fifty hundred billion dollars a year for that that is the end-use case everything
else is people train among themselves so yeah now okay now my last statement the
last time I ever talked about Bitcoin is I defend your right to do Bitcoin I
think okay I don't want to tell you what to do so my personal advice is be
don't get involved but I don't want to tell and he says this while JP Morgan is
an authorized participant for BlackRock spot Bitcoin ETF and they've been
investing in block coin and in blockchain fruit for years by the way
just remember that contextually as as the CEO of JP Morgan Chase says all this
mean what are you to do is a free country what do you think of the other
firms the BlackRock's of the world that that obviously and Larry think
changed his view of this obviously and maybe he changed his view because you
think he genuinely believes in Bitcoin or genuine or believed it because he
thinks that there's a marketplace for it and he wants to be part of that market
but what do you think of the and there's a but a dozen big financial companies
fidelity number one I don't care so just please stop talking about this
shit dude he's gonna be so upset when he realized that this is all that people
talk about for the next several years and I don't know what he would say
about blockchain versus currencies that do something versus Bitcoin that does
nothing and maybe that's not different than me but you know this is what makes
a market people have opinions I've this is the last time I'm every state my
opinion gold really didn't do anything he's not talking about about all I hear
is this guy and this guy says gold's limited in supply until you on it
goes up and starts mining it out of fucking asteroids it just makes it
fucking rain gold also by the way they're actually they are actually mining
gold every year it's literally it's not limited in supply it's scarce but it's
actually not loaded in supply and there's there's so much of it on fucking
asteroids like floating right around us that we just haven't tapped yet
absolutely insane so you think so huh I think there's a good chance that when
Bitcoin when we get this is what I love is that he has no fucking
understanding of the shit at all he thinks that Bitcoin is like that all the
sudden Satoshi's gonna pop out of nowhere and erase all the Bitcoin and at least
he gets fact-checked live here
I've never met because it's fucking program they know for a fact they take
automatically it's not it can't happen because by the last one will be mined in
2150 and it gets harder and harder every time there's another having but
but Jamie I love at least that somebody's fucking fact-checking this
asshole and yeah the hypocrisy of it anyway so the backdrop against which
Franklin Templeton I guess is is yeah they don't want to be the fucking boomer
and in the room so you got to give him credit for that I guess anything you
want to add to that it feels like it's beyond that it feels like it's beyond
that it feels like they're really getting in the weeds of the industry
and they or at least have research analysts that are on staff that they're
actually listening to and and they're posting legitimately interesting posts
like it like if you go hold on I was just on it give me give me all right
yeah how you doing yo thanks for bringing me up yeah I just I saw Toshi in the
title and I'm bullish on bass and I've been on bass swap farming and I've been
thinking of getting into Toshi farming on there too so I'm bullish on bass LFG
so are we yeah we were talking about it for for a little while what yeah no
I was just gonna continue that down that just to see why dill is so bullish other
than like just believing that Coinbase is going to invest heavily in its success
and probably provide a lot of utility and value to the ecosystem yeah for sure
well well first of all I see Toshi's on a run right now I was just watching it
the other day it was like oh it's time to buy this dip right now damn I gotta
get some but overall I think bass is really dope first of all I like the
experience I originally got on for bass swap because my friend is really bullish
on bass swap and I was like alright let me you know try bass out get on here a
little bit I like friend pet too and I've heard about that but yeah I like the
integration with optimism how they're connected and you know I'm bullish on
optimism as well so the fact that they're kind of integrated as a business
is dope and I like the base model I think it's really interesting not having
its own native currency right so the next question like what where's that
value gonna go that would typically be in the native currency and I don't know
it seems like it might go into some of these top coins that are coming out so
I'm bullish on the ecosystem I want to get a few more coins over there but I've
been farming on B swap using B swap and friend pet and that's been dope like
super dope like that's why I'm like if I put in a couple ETH more it will be like
an income literally like I should I mean you're just looking at Toshi right like
you can hold Toshi but you can also farm it for like I think it's pretty
easy to get like 400% APR 500% APR and B swap and that's been really great money
yeah I think it's really interesting point to think like is there like the
value that would be in a coin gonna just go still on chain but into other other
assets that's that's interesting I I don't know why but that's a thesis on
Toshi right that like if there's an ochi yeah imagine they're not yeah imagine
they're not well true true but imagine they're not being like a Solana token
like Bong could be potentially like a token of Solana I think I don't know why
and this is obviously pure fucking speculation I don't know why I feel like
at some point they're gonna have a token I feel like they're just slow
playing it right now and when more regulatory clarity comes up and they
find out the right way to do it that they're gonna watch one but I could be
totally wrong maybe they will never have a token and in which case then yeah it's
like dude the Toshi then becomes like the token of base potentially I don't know
but uh yeah thanks for hopping in here and sharing your thoughts on it I did
finally I was able to finally get the crypto slam zeely quest pinned up top if
anybody wants to get in early on what they're building and I know there's
gonna be some future announcements coming on that but yeah quest for crypto slam
and all right let's hit some more things we got about 10 minutes left before we
jump over to YouTube and keep the conversation rolling over there Q there's
a whole bunch of stuff on the dashboard we talked already oh let's let's hit knock
amigos cards briefly again this is a short convo I'm I'm I'm pretty much ready
to fade knock amigos at this point fully I'd already faded them a little
bit based on how they did the cloaks roll out I wasn't a fan and dude the the
cards again the way that they rolled it out like they didn't they didn't really
make it they didn't do it in a way that really valued a lot a lot of their
holders they just sort of like randomly dropped it and whoever saw it first was
able to mint them so again I totally missed it didn't get any any value out of
being an OG in the community and there they are trading like you know I guess
some people think it's cool because the people are fucking flipping them there
there's value in in the collection right now they were around like point three five
or something like point three five twenty six ether something which is
ridiculous to me but they're pretty low effort AI art of like frog baseball
cards that's basically what it is and any other people were able to and
literally just minutes basically recreate them using dolly so it is what
it is man people using AI tools you could make some kind of argument that
it's like innovative and early in some way I guess I guess that's the argument
for it but I'm just not a huge fan of the way that the team's been moving
communicating or not communicating and or not really valuing its its
collectors and a lot of this stuff so I don't know that's my take as a long time
knock amigo somebody who really believed in it I was even repping my naka as my
PFP for quite a while but yeah feel kind of silly about it right now what's up
mo Jim you feel silly about don't feel silly about it I mean you know what I'm
saying you know what I'm saying it's just another another project that I put
a bunch of time and effort into that I don't really know why I supported the
founders you know what I'm doing right now that's what you get for supporting
anonymous teams yeah what are you doing mo I just put peanut butter between two
chocolate chip salted caramel cookies and I'm loving that's my day sounds
fucking good I hope you brought some for the whole class all right nobody has
anything else to say about knock amigos trading cards it's not really much to say
I guess you know they are they are what they are I'll be I'll be shocked to see
them hold this floor but you know they're relatively limited there's less
than a thousand of them there's like 800 or 900 of them no idea how these
are gonna fit into any sort of ecosystem I guess they're just
collectibles so I'd be shocked for them to hold the floor that they have right
now but I've been wrong about plenty of things too is there room for any people to
be doing in your opinion low effort depending on the utility right like what
is should should it all be focused on it's got to be incredible art and the
utility has to be amazing and everything I think this collection is kind of
answering your question because clearly there's there is some kind of market for
it there's there's a hundred and thirty four ETH already traded on secondary for
these and just think of all of the projects sorry I'm still eating my
cookie I think of all of the projects that I have just put out like it's like
okay I'm gonna name a project I'm sorry for this project but so like block bar
isn't it all like just one picture it's just like your past to like something you
know it's just a utility edition it's just like it's basically like a car like
a like an access so okay I guess I'm not sure what the question is that I'm just
wondering if does do we have to hold everyone to the artistic standards of
what we are launching with no of course not and again like clearly the market's
gonna decide and the markets decided that these are worth at least like fucking
what 500 600 bucks right now what is that what's what's 0.33 right now yes 700
bucks I think a lot of it comes down to marketing at the end of the day you know
like if you have a piece of shit but you can polish that turd real nice for
people and tell them that it tastes good convince them that it tastes good
like people are gonna buy it people will buy that shit so yeah no of
course not there's these these are not like these for instance are collectibles
they're not art that this is not really meant to be like an art play as much as
just a collectible play and there's all different strategies so I think you you
know all that I don't have to preach to you but I obviously there's a
marketplace for low-effort AI if you can market it properly and launch it
properly anyway all right blast ecosystem let's hit this briefly we got
about five or six minutes left so Q again if there's anything else you want to hit
in here in the final minutes before we jump over to YouTube feel free to drop
that in here I was gonna hit the blasting it looks like you're on the same
wavelength cuz you're pinning stuff up top yeah what are your thoughts here
man my thoughts are that's a lot of things going on that we didn't know
about prior to this thread so this third was actually dropped in the Daily Alpha
show this morning they do a pretty good job of aggregating a lot of the craziness
that's happening in the industry so there is a ton happening obviously we're
getting pulled onto every which chain we do have a I think a zk mainnet update
we have an alt layer airdrop we've got dym airdrop so all of these things are
happening but blast is probably the most speculative at this point I mean they
have to like 1.2 billion locked up in their chain they've got the native
staking so it's interesting to a lot of different people who just you know have
higher liquidity that are seeking some type of eth yield so there's a lot that
is happening with blast obviously pac-man has built blur into a sizable NFT
marketplace so you have that kind of history and provenance that he's been be
able to build something so I didn't know that this amount of stuff was a chain
frankly like you look at this it's like NFT projects all of this stuff this is
what happens when you raise what a billion dollars before you even watch
like of course is gonna be people developing and you have the names
behind it that they do this is why I like you you call it I wouldn't call it
raised a million they didn't raise a billion they have a TVL that's not
that's not money that they can use that's fair maybe I didn't explain that
properly but they have a ton of liquidity in the ecosystem now is that a better
way of putting it 1.3 billion dollars already walked up yeah it's where that
money goes right are people gonna use that people gonna get blast rewards and
then you know pump that into different NFT projects and I think the answer
probably that you're looking for is yes and I probably would agree with you
like there's gonna be a ton of that money that stays on blast and what does
that do to a burgeoning NFT ecosystem well it's gonna because one of the
primary innovations and utilities of it is it has a native yield which is going
to automatically hold some percentage of it and if they can find more clever
marketing again back to the marketing if they find more ways to get you
staking or playing other games which you know that they're gonna find things
to do with not to mention launching with a whole bunch of different apps and
NFTs and etc I think a large percentage of it will end up staying in the
ecosystem in some level yes some is gonna leave of course but there might
also be a bunch more dropping in there this is why you know when you say it's
the most speculative like yes of course it is speculative you're right it's
highly speculative however if I'm looking at it against a lot of the
other chains that people are speculating on I see it as actually less
speculative than a lot of those because I don't know those founders I
don't know their history of product I don't know their marketing capabilities I
don't know who their backers are with with blast like you have a lot more of a
track record and knowledge about the team and what they're capable of then
then a lot of these other L2s and blockchains so no I guess when I guess
when I said speculative I more meant kind of the volatility around people
speculating on it so it was more so like people have strong opinions which
I guess in and of itself is a good thing like if people have strong opinions on
something in crypto it's usually something that's yeah so let me just read
this again this pin up top all the cool stuff can be found on the Xbox of
course blast has a hundred thousand users and 1.3 billion in total value
locked and it's only been 24 hours since their testnet went alive these are
crazy numbers y'all here's a list of early projects that are building on
blast they should keep an eye on and there's 15 listed already so that might
not even be all the projects that are being developed there's just some of the
ones to keep an eye on so again I don't know everybody is so quick to fucking
shit on anything for any reason and so when the testnet stopped you know
producing blocks for like an hour everybody's like look it's a fucking it's
a disaster I was just like yeah that's literally what a test that's for
so yeah the the point is I think they're moving a lot faster than people
think yeah maybe it gets pushed back a little bit they did take a while with
like the season 2 blur updates and shit but but will it ultimately be a very
competitive and compelling product when it watches I think so I'm betting that
direction I don't know what the timing is gonna be on it maybe it takes a
while and I guess that's that's the bigger risk is the opportunity cost of
walking a bunch a bunch of liquidity there and not knowing exactly when it's
all gonna be ready to go yeah from a user perspective I mean there there are
obviously test nets that people are able to interact with so I I need to do
more research here like literally today because obviously you know that this
is an opportunity if you this is another chain I get people are exhausted with
it but at the end of the day if you can go on and potentially collect a
testnet you know like faucet tokens and interact with maybe an NFT project or
something like that that's an opportunity down the road that might pay
off I know Barra chain biggie is one that you've been shilling me on and we
got in there they actually have an ETH NFT that's not on testnet that like
plays into a multiplier that people are getting on Barra chain right now so if
you hold that in the wallet that you're on Barra chain with you
potentially get like multiplier so that I'm I know I'm stacking different things
now but I'm just trying to give some context
anything else you are thrown here any any last words from our amazing coast
contributors up here before we jump over to YouTube link up top by the way for
entity life yeah right after that blast post I linked out a Steemit post from
like 2016 I believe I let me get the date six years ago so what the hell is
that time is it what is time it was from a guy named wolong and it was a doge
whale essentially so a guy who was you know a pretty heavy trader back in the
day and he was trying to explain like how these markets move in crypto I think
there's a really cool excerpt but the whole thread is awesome if you want to
kind of get an insight into you know what actually moves a lot of the things
that we're talking about every day so you know the first I'll read off like a
very brief paragraph majority believes that markets move randomly and reflect
the collective wisdom of investors the truth is quite the opposite the invisible
hand is a myth market prices have always been manipulated by the
government's visible hands through influencing laws and reg insiders
control markets and manipulate them up and down for profit manipulation is
everywhere undeniable and unavoidable so it goes on into detail but I don't
have enough time mo you posted this curio shit up is this AI powered toys
it is yeah so one of my friends my IRL friends is an engineer and I'm not I'm
I don't know how much he was involved in this project but I know that he he was
involved in these plushies and since you guys love plushies so much I
thought I would but it's pretty cool I think plushie talk is happening in the
nifty kit rooms with Jess pretty sure that's that's her segment but yeah
because I know this person and he's a fantastic guy I thought I would I would
share the thing that he's working on and Forbes quoted it as what is that I'm
gonna screw it up never mind you know toy story toy story on steroids you beat
the buzzer just barely there how long until we basically off off load all of
our parenting to AI as well then we just say fuck raise my kids for me yeah yeah
if a 16 Z has anything to do with it pretty soon I guess well that's a fun
one ladies and degenerates that's it for the last GM web 3 of the week we will
be back Monday morning of course with more of the greatest morning show ever
invented on any platform and in any universe or parallel alternate universe
that could have ever existed shout out to my amazing co-host and contributors
up here for hanging out with us making this show possible give us some
also check out Dayton down there he's gonna be hopping over to YouTube with us
right now on our tentpole live YouTube show the longest-running show in all of
NFTs and web 3 that's right NFT live is gonna start up here in just a couple
minutes coming I was over there link is in the bio we're gonna go out with some
new music from one of my favorite artists Diplo sorry if you're listening
I was joking this is a new song from Diplo and petite biscuit pick your
battles I hope you like it shout out to the daub fam wherever you are keep on
daubin get your daubs up NFT live starts in just a minute have an amazing day
have an amazing weekend if we don't see you I've been gifted y'all been
beautiful what's I can go
on condition
it's intentional stay right here for you silver lining you gotta pick your