Unlocking $130 Trillion Bond Market: LP Bonds & GMI’s Innovation

Recorded: Aug. 3, 2025 Duration: 2:12:21
Space Recording

Short Summary

Exciting developments are on the horizon for GMI as they prepare for their Token Generation Event next Sunday, introducing LP bonds that promise high yields and strategic partnerships aimed at enhancing liquidity and growth in the DeFi space.

Full Transcription

Thank you. E aí you Oh, yeah, it's alright, you know, it's alright You know what they say, life ain't always easy
Every day with your father, don't forget today
It's all about tonight, I got food and started buying
The fight is real, oh
I'm not gonna tell we can't stand
We keepin' rockin' till I see it, see it Oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, like oh so Hey! Oh oh
Oh, my God. Back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, back it up, up, up When you walked out, said that you had enough, up, up
Now this is you, you're the one who's been on the road
This is dead, this is time, this is the road
Maybe the time, you're the three of my heart
And I'll let you back, not shy, but why?
I think you're the one who's been asleep, we all think you need So I can't give you the two more Oh, yeah. oh
is Субтитры сделал DimaTorzok Let's go, let's go I wish you were right
I could have a man evil
And this I feel right after this song
So give me the night
I wish I would be all due
Y'all leave me alone
Let me know
You can't make up your mind
Mind, mind, mind, mind
It is always my time, time, time, time, time I've been trying to be wild, wild, wild, wild Oh Oh see so I'm going to go. Yeah, they're so dead, they're so nuts And he's ill, he failed, he might get a deal He rock battles in his right kind of bill
He fell, he fell, he might sell, he'll
He always in the air, but he never flies out
See a motherfucking joke, joke, killer, all the shit, shit
When he make a joke, shit, kiss him on a list
And it's a kind of joke, always with your comedy
Yeah, shit, it's a good laugh if you look at all
I said, excuse me, you're a hell of a guy
I mean, what's up, I'm not, you're like, I look at God
I mean, fuck, you're so shy, and I'm not, you're like, I look at God
I'm gonna be so shy, and I'm not, you're like, I'm gonna be so shy
I'm so young, I'm so young, I'm so young I'm so young, I'm so young, I'm so young oh Mama, mama, mama! Mama, mama! Mama, mama!
Mama, mama!
Just to hear the line, just to hear the line.
Mama, mama, mama! Oh oh
oh Oh Oh so Oh Good afternoon, good evening, Gabby and Tommy. Welcome. everyone my audible just give me a thumbs up everyone
perfect if you guys are tuning in the spaces every Sunday and you do like me and Tommy and
Gabby and everybody that turns those places please everybody give a thumbs up let's hit that emoji button let us know you like the spaces thank you and hope
you like the music as well so we are we have some we have a lot of exciting news
a lot of hardcore building that happened this week, a lot of good news.
And if you're a first-time listener that you do want to speak in the spaces,
please drop your questions or anything that you want to talk about
regarding LP bonds, GMI, or energy in the comment section but pick it up from
there and then we'll give you the mic you can also request the mic also if you are returning to the
spaces we highly encourage if you've spoken in the last space we highly encourage you guys to come up and speak. Remember, we value your feedback. It's highly precious.
Every feedback that you got, we are always listening, always and always and always listening.
And I want to point out to the vision of what Tommy has been pursuing for the last
three years along with me very aggressively is to create more
utility, utility both for GMI and for energy that has been our core focus. And you can actually see
that in place we have created a lot of apps, applications and a lot of, you know, activities
on chain that drive more utility of the energy chain, energy token, as well as the GMI platform.
That includes our airdrops, so many things.
And now we have the LP bond.
So without any delay, I'll pass on the mic to our beautiful host, Gabby.
Gabby, you can take over.
Good morning.
Thank you so much, Mark.
It is such, well, good morning, good evening,
good night, wherever you are. It's actually morning here, so it's really nice. So I'm super
excited to learn more about the developments of GMI. Can I just tell you guys, I had an epiphany.
I was doing some work yesterday. I was doing some AI work, and then I ended up just saying,
you know what, let me get off my phone and actually go to my computer and put GMI in.
And can I tell you, it's an epiphany.
I really like the website and easy to navigate.
I'm like, sometimes things can be really small on your screen, but I really appreciate the website.
I was just navigating yesterday and just kind of playing around because, like you said, feedback is very useful. So I wanted to just let you all know that if you don't use your desktop, which a lot of times I don't because I'm always on my phone.
And it was really nice.
Very easy to navigate.
Easier to see because I am kind of working without my glasses.
I'm kind of working without my glasses.
I'm like, let me try to navigate some things.
And so I just wanted to really give you guys kudos on the website and how nice it is.
Because sometimes the user experience on the phone can be very different from your user experience on the desktop.
So I wanted to throw you guys some flowers for that.
And I'm still on it today.
I kind of left it up last night.
So I hadn't closed my
computer quite yet. But I wanted to just, again, give you guys flowers and say good morning to
everyone else in the space. But go ahead, Mark. I see you all night.
Gabby, you haven't seen our new airdrop site, right?
Actually, I can navigate to the airdrop site unless you guys have changed it. The only thing I can tell you is that when I navigate to the actual collections page, of course, you know, I wanted to go to the liquidity bonds, but it is blurred out for me.
So I don't know if that is on the desktop, if that is a feature that's not available as of yet.
And that's the reason why it's blurred out.
I've sent you some instructions so you
can actually cross over and actually you can do it on your phone and I would highly suggest you
also do it on your phone. You see one of the reasons you know we are focusing on users you
have to just click on the the lock icon towards the very right hand side and you should be able
to you will be able to access the airdrop site. And this is very cool.
I'll share you some of my dashboard, you know,
in our group chat, but you can actually do that
whenever you have time or, you know what I mean,
during the spaces, it's really fun.
And you can do it actually, you know,
without connecting your wallet, you can just window shop.
And that's how we designed our airdrop right
from the beginning from, right.
When we started building the airdrop, likemmy and me were like you know people need to
do window shopping of the airdrop they should not be barred from like you know uh just without
connecting wallet you can go and a lot of airdrop do that they just want to like you know have your
email they have your wallet address everything so that you can actually see what's going inside. But we took an alternative approach and we actually designed the airdrop in such a way
that you can actually connect.
You can actually go to the airdrop site.
You can do it on your cell phone.
You can do it on your desktop and you can actually continue without connecting to your
And also another feature that we did add to the airdrop is it's kind of like really annoying
if you keep on like, you know, having to connect,
like, hey, you connected a half an hour ago
and then, you know, you come back again
and then you have to do it all over again.
So what happens is you have like a timeout period,
which is like, I don't know,
it's like, I think around like four to five days or like a week I might have to check on it but you don't need to log in and you can
actually see because because see when when you look at the airdrop site there's actually very
little activity that is happening on on chain that you have to actually do on the airdrop side.
So the airdrop side is the reflection of whatever activity you have done.
So the points accumulation are happening outside of the airdrop.
The majority of the things happening when you first sign in, like, you know,
the wallet connection and, you know, and I think on a daily basis,
what you're doing here is you're just
um you know collecting your daily sign-in points uh which is which is really important don't miss on it this like you know if you are on 60 days like that's one percent work for accumulation
of points every day so don't miss out on that i did that i did that as a mistake and i paid for
it in the i think in season nine so i never I would never miss on logging into my airdrop on a daily basis and then the x airdrop I
think these are both are off-chain activities and then like you know both
of them goes to the point so we've made the airdrop like very lightweight very
very lightweight so yeah yeah we have sent you some instructions in the group
you can always check out and I and and we are we are some packing up with some uh very good news um so again gabby
over to you thank you again mark thank you for the explanation definitely will check it out
but i also wanted to say good morning to uh tommy solzacki and then uh then Bargoshi, and I'll introduce him as soon as we get to Tommy and Solzaki.
So how are you two doing this morning?
I'm doing good and great music, Solzaki. Love it.
Yeah, I'll just say, so real quick, by the way, guys, if you guys have not liked and retweeted the space, do so.
And also throw a comment on there, too, if you haven't yet.
Help people find it.
So, yeah, this is, we should remind people at the end of the space, too, you guys.
But this space, make sure you are on the spaces next week because very likely we will be
getting the GMI
TGE live for the next spaces.
So we've been moving really fast
on the development front.
The LP bonds
are pretty much done.
We have them done with energy, so we have energy
LP bonds up.
And if you go to the GMI page,
Gabby, you were talking about the pages uh blurred out
so we will unblur that pretty soon so you guys can see that but it just got the energy deep lp
bond up so far but it started we have uh innovated by creating lp bonds which i think is a huge
innovation and you know the pretty much ready not to say it's done it's never done we always keep improving
and stuff like that but we really sprinted on this man since March again it was on the Twitter
space in March where I was like can we make these tradable positions and for Mark well today it's
August now we from idea phase to execution to like ready like We move lightning fast.
Props to the dev team.
Props to Mark. Mark really
led the initiative on a lot of that stuff.
So great work on that, Mark.
Our tech is moving faster than ever.
Yeah, and Gabby, to your point with our UI,
was basically saying is wait till you see our new
airdrop, our new upgraded airdrop. We've done a ton of improvements to it. Wait till you see our new airdrop our new upgraded airdrop
we've done a ton of improvements to it wait till you see this you guys
it is it is a work of art i got to give props to our team on this one again and i worked on it a
lot myself extremely clean very mo that's not friendly everything so I think you guys will like
it so so the plan is just to let you guys know so again Sunday today Sunday
one week from today very likely if there's not some major bug yet pretty
unlikely but very like
like TGE the micro TGE for GMI next Sunday.
Sorry Tommy you're breaking off a little.
Oh thank you for telling me.
Can you guys hear me?
I got bars.
What's going on?
Yeah it just you yeah you just break out like randomly.
I don't know if it's on my end.
Gabby, is that happening on your end too?
Yeah, it's just random.
Okay, what percentage of what I said did you...
and how long has that been going on for?
Like maybe 20%.
How long? I want to know what you guys heard um just a couple seconds yeah you just said like
what is going to happen next week but like after you said next week it's just okay so i'll just
i'll just repeat it yeah yeah thanks thanks i just jump in if i'm cutting out so i want to make sure
you guys catch it so make sure you're on the twitter spaces next sund Sunday because very likely we'll be going live with a GMI micro TGD next
Sunday. And immediately with that will be the GMI ETH LP bonds going live pretty much the same time.
And then shortly after that, we will have the airdrop go live the week after. So pretty much
a lot of things are going live very soon here so it's exciting time so
again be sure to be on the spaces next sunday this is leading into that uh i think you guys
will like again the new airdrop and all that it's i think it's a lot cooler really well organized
really easy to follow it's a huge upgrade our last airdrop our last airdrop design so
i think you guys will like it.
Tommy, if you're speaking, you're breaking up again.
Zoomed in on a figure, we will be doing,
still subject to change, because we're just moving so fast,
but very likely the micro TG will be only $21,000 worth available, 2.1 million GMI.
So $21,000 worth available for the first round of the micro TGE.
We will have follow-up rounds more than likely,
but the terms will change likely.
It'll be at higher price points and stuff like that.
So if you guys want some GMI to play with and get an early,
this is your opportunity to do that.
So yeah, look out for the official announcements.
Those will go out next Sunday.
So yeah, exciting stuff coming up.
Anything you think of Mark that I'm missing?
I don't think so, Tommy.
I would rather keep our focus completely on LP bonds
so users next week,
they have most of the questions answered.
I mean, we do have a lot of things
that is happening with chain integration stuff,
but we'll just leave it after LP bonds.
And let's just give a reminder to everyone
at the end of the spaces too. I'm telling you guys at the beginning, let reminder to everyone at the end of the spaces too
i'm telling you guys the beginning let's remind everyone at the end be make sure to be on the
space next week and be sure to catch the uh the launch of uh the micro pg lp bonds and
and the airdrop after that so that's the main stuff i wanted to fill you guys in on uh i'll
be here i'll be i'll be in the space for like 45 minutes to an hour.
Of course, it's basically nighttime for me,
but I want to be here and hang out with you guys
and answer any questions you guys have.
So that's the main stuff I want to share.
Thank you, Tommy.
You heard it from Tommy himself.
You don't want to miss next week.
You just want to stay till the end.
Make sure you're here next week.
So, Zaki, how are you?
Good morning, good evening, good night.
How are you?
Yeah, Gabby, I'm doing good.
It's evening here.
It's already 3.28 p.m., so I'm so happy to hear what Tommy says.
Right, I'm here for the beans beans feelings so waiting for mark to say something
again yeah thank you well thank you for being here thank you everybody who's come in please
retweet the space make sure that you bring all your friends in so that we can hear all the
wonderful information that will be shared today but we do have a special guest um barco she who is a long time shiv army
member i'll say an og who's coming in to talk to us today about a wonderful project that's
happening out in the community one thing that we always like to do in here is that we open up you
know the branches not just a gmi but people outside of gmi as well in an energy space while
this is an energy space very receptive to everyone in the space and welcome
any projects that want to come through and speak as well. So without further ado, we have Mark
Goshi who will be explaining a big collision who's down in the audience with us. The project
that he's working on now start posting things in a jumbotron. Juicy, you posted something down in
the bubble, but we'll go ahead and let you talk a little about the project and what's happening and how you're doing today.
So how are you?
I'm doing good, Gabby.
And thanks for the invite.
Always love to come up onto one of your shows and talk with you and all your community members to tell them what I'm working on.
all your community members to tell them what I'm working on.
Today is morning for me still, so I'm still trying to wake up and drink my coffee.
But doing good, doing good.
Like you said, I've been a long-time Shiv Army member.
I don't like the OG titles.
I'm just Shiv Army.
We're all the same. We're a bunch of nobodies that came
into this space and learned as much as we could. And today I'm going to talk to you
about Big Collision, which is a friend of mine, Omar's project. I am helping him with
it. It is an MMORPG for the PC.
If you guys never played one of these type of games, think of like World of Warcraft.
But this one is a little different.
Instead of having two nations, we're having, it's a fight for light versus good versus evil, light versus dark type of thing. We'll have multiple classes, you know, your generic role-playing classes
like warrior, thief, clerics with unique names.
And like you said, we're SHIB army, so we're building this
to be ran on the Shibarium blockchain.
Starting, we're going to just have it connected to the chain for coins
and things like that. But as the project grows, we will get our own roll-up on the Shibarium chain
to try to make it, you know, to bring in the next level of Web3 gaming.
I don't want to go too much into that because it's a lot of technicals and people normally get bored.
But what we are doing is integrating a lot of the different Shibarium coins into the game.
So first off, the first token that we're going to have in there is SHIB.
When you run around and kill monsters you know they normally drop gold you go
to a merchant you spend your gold well our gold is gonna be sheep and you will collect your shiba
and by killing monsters and then you can go and purchase in-game items with your sheep or you can
you know of course withdraw it and sell it if you want But where's the fun in that? We've also got other project tokens on Shibarium that have wanted to get involved like K9 and Oscar. So you'll be able to get these tokens as well from killing mobs.
in the early development stage. I would say about a month ago, Omar disappeared. Well,
three months ago, Omar disappeared on me, you know, before we even talked about this project.
And just for everybody that knows, he is in Turkey. And just like a lot of places in the world,
Turkey was having a lot of political issues going on. So I just thought maybe it was part of that.
But he came back two months later and showed me all this work that he's done on this amazing game.
He is one of the hardest working devs out there right now, I think, because within two months he had a lot of this put together.
We are still developing maps,
so we're still in the very early stages of all this.
But with that being said,
we have worked with or talked with a lot of the SHIB team
to kind of get access to data points and all that to start connecting the blockchain to the game.
If you look in the Jumbotron, there is a little video of the character.
I do believe that's our cleric of the dark side.
And he kind of runs around showing you the dynamics of how the world looks currently and how the mobs interact with the weapons and characters.
We don't have the coins dropping yet, but he is making very good progress on that.
Thank you so much, Barkoshi, for sharing. I do have a question. So you're saying that you
did mention previously that, you know, you're able to collect tokens and either you can, you know,
use those tokens, you can cash them out, and that's who you're starting with. But, you know,
let's say I not only support SHIB ecosystem, but I'm also supporting GMI. Would you be, are you all eventually in some long-term strategic roadmap going to incorporate other tokens from other communities as well?
Would that be an idea or something that you all have thought about?
So how this came about, we were just going to use the Shibigo tokens, Shib, Bone, Leash and all that.
But we've had other projects show interest in having their tokens adapted into the game. short term, like right now, it has to kind of go through Omar.
But eventually, we would like to make it a process that's a little more automatic.
And so if you have a project, you can come sign up and don't have to wait so much.
We're thinking about the logic it would take for the contracts and all that to implement it.
But yes, long term, that is our goal is if you have a project and want to, you know,
because you would have to donate the pool for it, of course, we would not buy up the
tokens, put it in.
But if you want to supply your token, we would be more than happy to integrate it into our games.
That's amazing to hear that you would be willing.
And of course we would have to set up the pool
if we wanted to participate,
but incorporating other ecosystems into,
you know, the gaming projects,
I think is a wonderful thing.
This is super exciting.
I'm not sure if maybe Tommy or Mark
might've had a question at this is super exciting i'm not sure if maybe tommy or mark might have had a
question or uh at uh at this point i don't want to hog up the mic because i can't do that okay
if not we want to appreciate you so much and again we did post uh big collision uh the the post that
you put in the comment section we did post it in the nest.
If you could retweet that, everyone, or give us some love, just show a like.
We're just all in here trying to grow and trying to support each other.
So we really appreciate you coming up, Barko, to speak.
And thank you, Big Collision, for being here and wanting to come into the space and introduce your project.
And thank you gmi
energy's team for being receptive to the idea so with that being said i know that uh
okay go ahead tommy i have a question what what is the game going to be when is the game going
to be playable i love i love them rpds but a lot of those uh well with development it's uh you know always hard to put a time frame
on it but for just playable i would say it's looking like in the next month or two we should
be entering a beta so you'll be able to at least run around and check it out but it will
it's going to be a little bit before it's 100% live
cool man well props on that uh keep us posted love to hear love to see you when it's levels
definitely definitely will do
and thank you again for coming up and sharing with us.
And, you know, will there be a certain group that's allowed to play?
And Tommy just sparked another question for me.
Or will it be open for anybody to test the beta?
It's yes and yes.
The best way to get into the beta is to join our telegram.
It will be free for the people in our telegram to jump in and check out,
but we're not going to mass advertise on like X and all of that.
So if you want to be a part of the beta,
come and join our small community in telegram.
So how do we find the telegram?
Do we look on big collisions collisions uh yes on his profile
and it's the telegram that's located right there on big collisions uh tele um profile correct correct
all right well thank you you heard it go join thegram. You want to be part of the beta testing. You want to definitely be part of the Telegram group.
So thank you again, Barkoshi, for coming up. Thank you again, Big Collision, for reaching out and wanting to be a part of this space.
And thank you, Energy Team, for being receptive to having them here.
So with that being said, I know we're getting back to those liquidity bonds and we want to talk more about them and all the developments that have been, you know, going on. I know Tommy has mentioned just, you know,
giving us a taste. And of course, I did say that there was that blur on the LP bonds and you'll
release that, you know, shortly and to make sure that we're here next week. So, would like to know
what other developments have been going on or what you all are working
on or have been working on that we haven't heard as of yet.
Or maybe there's some new people in the space that haven't heard of some of the developments
that have happened.
So, Tommy or Mark, can you tell us more?
Drop the alpha.
Tommy, yeah. drop the alpha.
Tommy, yeah. Yeah.
Well, I mean, we're
we're always working on
being on the cutting edge.
So one thing I'll mention, too,
that we've really got into recently
is we've been using VO3 a lot for
AI content creation, which is a ton of fun.
So we've got we've got a number of videos in the work.
You guys see those in the coming weeks they're kind of funny uh it's crazy what you can do man so um i know you mentioned you're doing some ai stuff too gabby but it's crazy that man
i tell you what you guys if you guys aren't using ai daily uh it's it's it's incredible
the power of what you can do these days, man. I was just doing a
gratitude practice earlier today for AI because it's totally changed the game. It's the way our
whole company runs now. And again, I'll really give tops the mark on this. It's really led the
way with a lot of AI stuff we've done. but so much of the stuff we've done is
either augmented or like, and some many things I completely replaced by AI.
So I don't know, man, I'm, I'm super grateful for it.
Uh, yeah, between the content creation and everything we create, we, we audit it through AI pretty thoroughly to make sure the quality is good.
It's just incredible.
So I know a lot of people are already using AI too,
but there's probably a lot more you can do with it
that you don't know about it.
And that's what we're learning every day,
how we apply it to marketing, content creation,
reviewing what we've done,
getting feedback on what we've done.
Here's a little trick. If you guys aren't doing it with AI.
I always ask it for a rating.
So by the way, you could definitely use more than one AI.
You couldn't just use one.
You should use at least two.
I think the way I think of it is you have two eyes and two hands and stuff like that.
You should kind of have two AIs so you can do an idea generation on one AI and then take that and take it to another AI
and be like, rate this one to 10. And then I might give you a 7.8. It's like, okay,
how could it be better? And then it gives the feedback on how to improve it.
For the first AI, I thought it was a 9 out of 10. The second one thinks it's 7.8. So then you can
improve it from there and then take it back to the original AI
and say, well, what do you think about it now?
What is the rating on it now?
And kind of juggle it back and forth
and also do new sessions with the AI.
So like with Claude, for instance,
you could just start a new chat
and just feed what your current finished product
looks like to that
and get a whole new perspective on it.
And so that's kind of how we work these days,
in many ways across the board.
So yeah, Mark, I'm gonna pass it to you there.
Cause Mark, Mark uses AI possibly more than me.
I use AI a ton.
So maybe you can share some more insight
into how we're using AI energy,
and maybe just give some pointers and whatnot
to the audience, how they can use it
to help themselves too.
One thing that I would definitely say is first,
invest in yourself with the knowledge,
find out credible sources to upskill yourself.
It's funny, Tommy, because right now when we go for like,
you know, when we give somebody some assessments
or anything for a new position in our company,
all they do is just copy paste it and put it into the AI.
And then whatever AI spits out, they just send it to us, which is not the correct way.
And I want to caution users and all the listeners,
like, you know, AI is not a replacement
for human creativity and ingenuity.
Remember that AI is just there to aid you.
So if you have no ideas, AI can come up with an ideas and then you can actually, you know,
um, spin a creative web around it, you know, um, find out, uh, what users would want if you're
doing a particular task, right? If it's making VO3 videos, um, you know, just if you, if you're done
with a video, just show it to random people and see
without context if they're able to enjoy it. If you give an article to somebody who is teaching
English or composition, like, you know, if she reads it, if she's able to enjoy it, then that
means you did pass the test. And also when you're using AI, there is a knowledge curve. Once you get
to that knowledge
curve it's not like copy pasting like you know it's not a genie uh you just have to be very
careful um you have to be very methodical you have to apply a lot of knowledge and yes uh absolutely
use uh you know multiple ais um i would suggest also using abacus ai because then you get like
18 different uh llms that you can actually use to um you know
as tommy was saying take a feedback from this ai take take a result from one ai and then send it to
the other ai uh for like ratings um and and uh the biggest chat gpt upgrades keep keep uh keep a tab
on um the upgrades coming for all AI.
I know that ChatGPT is releasing their fifth version this August.
Grok is also coming in good.
Try new features, but yes, invest in yourself for the AI tools.
Like, you know, if you're not subscribing, if you're subscribing,
I mean, I would rather give away my Netflix
subscription. Like if somebody asked me like, you know, chat GPT or Netflix, I would always go with
with chat GPT first, like or Claude or like, you know, if there is a paid subscription for any,
any AI tool. So yeah, invest in yourself first, like just don't like, you know,
any AI tool.
So yeah, invest in yourself first.
Like just don't like, you know,
don't go to the point where you're not investing in yourself
and investing in yourself means learning properly about AI.
Subscribe to YouTube channel.
Don't go for the long form content,
find channels that, you know,
churn content about AI in shorts
and very relevant content without any, you know,
shushas, just very relevant content without any you know shushas um just very relevant content uh yeah
and i think that should be it for the ai so we're using a lot in our uh systems uh in in the company
itself a lot i mean a lot uh to the point uh just to give you guys guys what happened last week was there was a coding competition
and after the results it was said that this might be the very last time that an AI
got defeated by human in coding. So there was only one person that actually defeated the AI
in coding. Just one person.
They held a coding competition in Japan.
And, you know, chat GPT's different models were sent there in the competition.
And it was only one person that actually defeated the AI.
So you can see, like, there will come a time where, like, you know,
AIs are going to get, like, language models are going to get, like, crazy at coding. at coding so just something like you know and if you're not upskilling yourself you're losing big
time so we have no right to complain and say like the AI has replaced a job or anything it's like
you know dude you you were a best typewriter type uh best person trained trained in using
the typewriter but the computers took over you can't blame the computer it's just human evolution uh our species progresses just find the new skills get it once you get it you have a you know you have
a shelf life for 10 20 years uh in that skill um and that should be pretty much enough in our lifetime
uh over to you gabby yeah and i just want to chime into that too because i did exactly that's what i
was working on yesterday it's so funny you know take one, some information from one AI and put it into another. I just cannot tell you, like you said, Mark, investing in yourself, if there's anything that you can do, investing in yourself skills will take you so far. And I just didn't realize I didn't come here to honestly be a content creator.
I came here to be a supportive, you know, a supportive person.
But now I'm finding myself content creating and loving this.
So Web3 will definitely open up your eyes to so many different opportunities.
And like you said, AI, to me, AI first, you know, the mindset of AI, AI first mindset, as Tommy had mentioned, I do believe it was last week. That's honestly how I get up. I'm like, okay, what can I use? What can I do? What can I create? You know, so, you know, investing in yourself is something that is so important and so underrated, but so important to move you forward because technology is going to move with or without you.
That's so important to move you forward because technology is going to move with or without you.
So with that being said, I just kind of want to direct attention back up to the nest because there is a telegram there.
If you haven't joined that telegram group with Big Collision, it is up in the nest.
And so we ask you to join if you want to get in early and play the game.
Definitely you want to check out the telegram.
So, yes, like you said, back over to how we're looking at the liquidity bonds and
more information about liquidity bonds i did have a question in reference uh and tommy i know this
question is more directed to you uh with nrg um eath lp bonds uh as uh as the first
how will it affect the utility of the NRG token and why on Ethereum?
Yeah, great question. So most of the pools we do with LP bonds will be paired with GMI. The vast
majority will be. One of those few exceptions are EnergyEth because the energy team built it.
because energy is for the energy team who built it so you know and obviously uh we're gonna have
gmi kind of pull energy up with it that's kind of the idea so there will be an energy gmi pool
the idea behind it is we want more liquidity for energy the energy each pair specifically on uniswap
it's one of our you know uniswap is awesome it It's a decentralized exchange. It's one of our, you know you lock those unispot positions
and an LP bond and now you're getting a 100% APY with uh with GMI so yeah does that answer your
question it does I do I do have another personal question on as far as you know 100% APY and you
had mentioned last week that I do believe that uh if you're early, that APY will that triple?
Or will that be like 300%? Like, how does it work with the
first people coming in? And why it's important to be early?
Great question. So yeah, once we once we do the official launch
of this next week, everyone who lost positions within the first two
weeks will get triple ADI for the first three months so it'll be 300 for the first three months
um so it won't be forever but there'll be other other kind of opportunities if you're first we
always are going to recognize that and appreciate that and reward that so we may have other time
that are boosters in the future.
And if you join it in this initial pool, you'll benefit from those boosters as well.
You obviously won't be left out.
You're not going to punish anyone for being an early supporter.
So yeah, those are just kind of accelerated rewards for early supporters.
Does that answer your question?
Yes, it does. So I'm going to take it back just a little bit. You know, for like someone who's attending the spaces for the first time, how is an LP bond created or how are they created?
Yeah, that's so it's actually funny. These things have evolved.
And that's one of the reasons I like these Twitter spaces, as you said before, Gabby, but we got a lot of good feedback.
and then turn that into an LP bond.
And it was kind of more of a process.
You had to go back to the, you had to go to Uniswap
and you had to go back to the interface and plug it in.
We just, we made it really easy.
So the initial LP bonds will target $100.
That'll be the target value.
You know, half of it in heat, half of it in energy.
Those are for the energy LP bonds for GMI, half in GMI, it in heat half of an energy those are for the energy uh lp bonds for gmi
happen gmi happen eight so when they're when they're worth about a hundred dollars to be
about fifty dollars of energy and fifty dollars a week or fifty dollars of gmi and fifty dollars
at least mind you again that's the starting value those do fluctuate over time they're going to go
up and down a bit so just to just be aware of that um
but you literally just go into our into the uh the user interface and it tells you how much
how much capital you have basically how much eath and how much gmi or how much eath and how much
energy and it tells you the maximum amount of them that you could that you can just click a button
and it does everything for you it creates the uniswap and it does everything for you. It creates the Uniswap pool.
It does everything.
So, you know, within a minute, the LP bonds are in your portfolio
and that's pretty much all you have to do.
So we made it like a, I'm really proud of the user experience we made.
It made it like really easy to do.
So, again, I'm in a really cool position right now.
Like me and Mark, we both feel it.
Like we feel like we got to the top of a, top of a hill in ways.
Like we were just grinding really hard to get this thing over the finish line.
And, uh, you know, again, obviously there are always continue to be
improvements and upgrades and stuff, but you know, we're, we know, we're in a place where we got it done, man.
And I'm really proud of it again.
And, you know, proud of our development speed.
I asked AI for that feedback, too.
You know, how fast are we doing?
How fast are we going?
And, you know, the feedback there is we're in the in the top 10 in terms of speed from from for
founders in the crypto space from the idea stage to uh execution so yeah um and maybe faster than
that as well too but that's like i think comfortably within within the top 10 there if not more and and
i think that's that's something
something we can be proud of considering we're a pretty small team at this point we've got
a handful of developers um but again i really got to give props to mark and the dev team and the culture we've we've developed it at energy which is like we just move really quick you got
to just move fast man if there's anything i've learned in the crypto space you got to move fast
these are again some of the lessons i've learned throughout the way so that's how we do it these
days because how can we do it as quickly as possible with respect to quality and that's how
we do everything these days if there's something important to get done we're going to get it done
as quick as possible so again with respect to quality So I'm excited for you guys to see it. It's a big
milestone. Tommy, this is super exciting because I'll say, you know, UI, UX, you know, the user
experience is very important. And so the simpler you make it for people, the more people will use
it. And it's also nice to hear that using AI for your project milestones, because that's what it
sounds like, you know, that you're feedback for your your your milestones and how you're you're you're moving forward with the
project when with that being said so how does this affect the airdrop tommy with gmi now being
available for sale on uniswap uh coming up uh in in in the weekend yeah great question we're so we're we're integrating the lp bonds into our airdrop
so anytime you bid or list an lp bond you'll be getting rewarded through our after doing that
anytime you're trading an lp bond buying or selling one you'll be rewarded and just for
holding lp bonds as well you'll also be rewarded as well too and that's on top of getting the you
know high apys we're giving with umi so we've plugged it into all our airdrop programs so if you're if you're doing anything
with lp bonds uh on our on our platform you're going to be rewarded for doing so so yeah most
definitely uh we've integrated them into that and that will be the same for whichever chain
you partner with there'll be
rewards for those across all chains we do help people on products thank you for that tommy you
know i love love the explanation i can't wait for people who are listening back to uh you know hear
all the information all the wonderful information that you're giving and again to repeat please
retweet the space and also make sure you come back next week because you're going to miss some great information if you don't.
So with that being said, another question that I have is will LP bonds be live on energy on the energy chain and will there be additional incentives?
So, yeah, we we have to our... We have EnergySwap.
EnergySwap is based on V2 Uniswap.
We're in the process of upgrading EnergySwap to V3 Uniswap tech.
So at that point, liquidity positions are expressed as NFTs.
In V2, they're not expressed as NFTs.
So they need to be NFTs.
So once we have that upgrade done, we'll have LP bonds on the energy chain too.
The Ethereum chain we'll have first because, of course, we already have Uniswap V3 on Ethereum.
So NV4, but we're using V3 techs because that's what you need for it.
But yeah, it will be on energy as well, of course.
But for this, come next Sunday, when we're releasing them, it'll be on the Ethereum chain.
So that's where they will start.
Thank you, Tommy, for that.
You know, all this great information that you're giving us.
Don't want to hog up the mic.
I know Mark might be burning to ask a question as well, but if not, I can go to my next question. And I would like to
know, how could you define the new airdrop in like two sentences? I know we don't have much time with
you. So, you know, we're trying to get the best use of the time that we can. So how would you define the new airdrop in two sentences?
Two sentences.
Have fun and get paid.
How's that?
Yeah, and I'll just say, you know,
to everyone who's participated in airdrop again,
congratulations, you guys raked in some GMI
for pretty, pretty easily.
I'm really excited to see how this new airdrop does.
You never know how things go in the crypto space.
You have to plan for if something succeeds or if it doesn't.
But I think the way we designed this airdrop,
when I reflect on our last airdrop design, we had it's cool.
I mean, but the problem is it wasn't so intuitive for new users.
And what should a new user focus on?
Well, our new upgraded airdrop solves that problem.
That's what you guys should focus on,
which we put front and center.
Basically, our tweet to earn campaign.
So it's really easy to follow.
It's easy to know what you do.
It's very well organized.
It's a huge upgrade, man.
It's actually pretty...
When I take a step back and look at it,
building an Airdrop system, it's an incentive engine.
Tommy, you're breaking up a little.
You started to go.
And you guys have seen kind of the new versions come out.
And I just love it.
I can't wait to see it.
It's beautiful.
You know, you like the mobile experience with GMI.
I can't wait till you see the mobile version of the airdrop.
You know, it's beautiful
it's beautiful very well done uh again pops to the the team who worked on it um and
yeah i can't wait for you guys it's fun like i played i played with it and i enjoyed it it's
kind of a different feeling than we had before so you guys just have to wait and see so again just to let you guys
know when when we're going to open it up um so the plan is again next sunday we we start the gmi
micro tge and then and then uh lp bonds will go live immediately after that and the airdrop will
will open within a couple days after that so we So let's just say like 10 days from now.
It'll be fair reference.
Again, not set in stone because, you know, again, there can always be unforeseen this or that.
But at this point, I think we have most things.
Everything is feeling pretty stable and looking good.
So I'm pretty confident in that timeline.
Well, thank you for sharing that.
I see we have a hand up.
Barco, she's coming to save the day with a question. Hey, Barco, she,
what's your question?
I don't know about save the day, but we'll see.
Now, Gabby kind of asked this question in an indirect way,
but, and you kind of gave the answer, but I kind of I'd like to know the whys
of things. It's just how my brain
works. And
you're very passionate about this.
So I'm curious on your
You're working in EVM
as opposed to
like Rust or Move.
What made you go that direction instead of object-based for this?
I just, 80% of CryptoTexts built on EDM, you know?
So, like, obviously, there's uh there's there's different
solana has like a newer community or like you know there's an energy there and i think
eventually we will we will do that too if there's one thing i've learned in building
this is actually a huge lesson for me in building it's just got to be like laser focus man just do
one thing really well and you know and then can expand. So you got to kind of see
the traction, see it pick up and then expand. So I love Ethereum. I was an ICO investor in Ethereum
back in, what was that, 2016? No, 2014. Right? Yeah, 2014. But I bought more Ethereum in 2016 at a dollar. But I wish I held a ton of more of it and didn't put into so many scammy ICOs. That's another story for another day. But yeah, I love Ethereum. I think EVM tech is very well spread, and especially with L2s, right? L2s are all EVMs, so it makes it really easy for us to expand our marketplace to other
chains, which we're in the process of.
We're on four chains right now.
We're on Ethereum, Energy, Ape Chain, and Bear Chain.
We're in the process of adding a few more chains right now.
We're chains right now.
We're building integration for Sonium.
We're building integration for Sonium.
Sonium is Sony's chain.
Sonium is Sony's chain.
We'll have a, we actually, first to know you guys,
we have a upcoming partnership with Sonium.
So we'll be doing our marketplace on Sonium,
which is Sony's chain, pretty exciting.
And wherever we see people wanna work with us
and, you know, EVM chains, we'll plug in,
we'll plug our marketplace into them as
well and there's that's another place where ai really comes in man it just makes the process of
integrating into new chains a lot easier than things were before and again tops to mark on
that for directing the dev team he's really pushed the dev team to maximize the use of ai tools and
make things move fast so, hopefully that answers your question.
Yeah, it does.
That's a fantastic answer.
Thank you, Barkoshi, for your questions.
For those who may be a little bit more technical
and want to have that understanding,
we thank you for your question.
So we'll go over to Jastrock.
Jastrock, hey, how are you?
What's going on?
Good morning, everybody.
I just wanted to interject real quick on that last question.
For those of us that have been trading, not investing, and those are two very different
things, right? Like you can invest in Bitcoin and ETH and hold it because you have confidence
in what it's going to do over long terms. And you can trade it on a daily, weekly basis, right, with futures and things like that.
And for those people that do that, hopefully you're doing some kind of TA,
which is trade analysis, charting, and doing your own line graphing and stuff like that.
graphing and stuff like that. And people that are doing long-term TA on Bitcoin and ETH and
some of the blue chip tokens, the cycle that ETH is in right now is pretty normal and healthy.
There was a lot of speculation that went on in the last, I want to say, what, year, two years with some things that were happening within the blockchains ecosystem in itself and some privately held wallets.
You know, and who's to say that it's not within those founders rights to take profits at certain times.
Right. And that's what happened along with, in my opinion, some bad decisions and directions
that the blockchain went.
But I think all of that is evolving for the better.
And back to where I was going with that is that the charting of this TA for ETH is showing
it to hit an all-time high this cycle which is going to
be over 5k and eth has a utility that bitcoin just doesn't possess i mean they're trying to
retrofit it with ordinals and things of that nature to try to keep it more um
of a use case of different things that like ETH already has pre-coded in it, right?
With fees and UE and all of that stuff that Solana has as well.
So I think it's just maybe like Tommy said, be good at one thing, be patient.
It's a waiting game because everything happens in cycles. And
right now this particular or these particular digital assets are cycling in an uptrend for
so many different reasons. Um, and I'm not even going to speak on them because some of them are
so very obvious because we're all living in them right now. So just all I can say is be patient and know that these founders are confident in what they're doing.
They have confidence in where it's going for the future as well.
as well so you know just be happy that you're here this early because it's going to pay off
for ETH in entirety for its blockchain and everything involved with it
the other one was 1800 a few months ago and you guys saw how I got so many messages
directly of like oh what's happening with ETH? Is it dead and blah, blah, blah. I just told everyone like,
just be patient, it's going to have its time.
And lo and behold,
it wakes up and it just soars.
And it's not done.
So there's a resistance at 4,000.
When it breaks through 4,000,
and I'm not financial advice or anything,
but I'm guessing it'll go to
it'll break through all-time highs quite easily probably like 6 000 or something so
at this cycle my my guess for this cycle is
so and then historically it's the end for the end of this year that before the end of the year
uh that thing is kind of go crazy so we'll keep our eye on it it's
august so the next few months but yeah i love each i'm i would love for each to have that run it's
gonna sort of help the whole the whole so yeah yeah so like if you do any charting bitcoin
is speculated to be somewhere around like 138, 148 by the mid to end of December.
You know, and if that happens and it continues to climb like that, everything follows the big fish.
So that would definitely put and plot ETH exactly where Tommy says, you know, and these these movements like we've seen with Bitcoin, they go
up, they wick up to these points and they come right down sometimes. So we're not saying that
it's going to hang out there for a month or a year. You know, like when you are in crypto,
you have to comprehend that things are happening at lightning speeds. In a blink of an eye, you can
see a level get hit
and it rejects from that level and immediately come back down to where it was and consolidate
more for the next try at a level. And if you watch the charts, that's basically what these
assets are doing. They're going up and trying different levels that people want to buy and
sell at. And if they like it there, they stay there.
If they don't, they come back down for liquidity to move back up further, or they sit and consolidate
and trade sideways. So if you guys don't understand what I'm saying, I would highly suggest
looking into some researching some of the verbiage that's used in trading because it'll
help you understand what the market's doing when people talk about it it'll help you understand
what people are talking about so that you can make more educated decisions when we say do your
own research that's what it means you know what, Josh, I always appreciate when you come up and
share your perspective, because one of the things I wanted to kind of double back on was,
you know, being confident in those who are building and confident in your conviction of
projects and that they're ensuring safety is very important as well here. And we have to be patient.
Safety is very important as well here.
And we have to be patient.
So the builders are building.
We're all building.
And sometimes we, as investors, have to be patient.
And sometimes there's help that needs to be done along the way, whether it's helping to host a space to take some of the pressure off of the team, learning about the projects.
Jastrock, you brought up some very important points when it
comes to people who are building in here and the help that they may need while they're building.
I don't know if you wanted to, you know, mention something about that. I'll see you on mic. Did
you want to chime in or something there? No, I just, I brain farted before and conviction was
where I was going with like, have confidence in this team because they have conviction in what
they're doing and they have confidence in what they're doing and they
have confidence in what they're doing and they've seen and proven results that have
proven themselves, right? Unfortunately, the way that they've proven themselves is to other
sites, demises, or weird nefarious things that have happened to other blockchains. And there's energy just sitting there, not touched as things are burning down around
it because of what this team has created.
And this wasn't created overnight.
Like these guys and team have been around grinding for years.
So just have conviction and confidence in this team.
Like Gabby said, be patient because everything
happens in cycles. And like, I know you come into crypto and you're like, yeah, I want to get rich
fast. Well, sometimes if you come in at the right time and you invest money in the right thing,
yes, that can happen. But this is just like everything else. You sometimes have to grind.
You sometimes have to do lots of research. You can't just blindly throw money into stuff where you're going to lose it and always
invest in what you can afford to lose because nothing is guaranteed in the stock market or
any investment. And crypto, that's like times 10 to 50. That's how volatile it is. So when you find a team and a crew like this that
have been grinding for this long, have hit multiple milestones and have shown success and put stuff
out into the space that is proven to work and has worked time and time and time again, just be
patient. It's all going to come together. Maybe this cycle because they're calling it a super cycle.
But like I said, these cycles for whatever reason
on these digital assets are cycling
in an uptrending motion right now.
So this is a great time to get into stuff
and ride the train up.
So if that's not it.
Thank you for that.
If I could just jump in,
because I actually,
I want to echo it.
Just like that.
there's something I've learned,
it is all about the team.
And I'm not just saying that about us.
I'm saying about any team that you are,
that you're a part of the project of
or whatever.
It is extremely important, you know, and they got a part of the project of or whatever it is, it is extremely
important, you know, and they got to have that, they got to have that perseverance and stuff
because man, again, things aren't always easy for sure. There will be setbacks for sure.
Other things will happen. They got to have that commitment, you know, whoever, whoever you are
supporting and they got to be in it for the long term. And one thing I'll say too,
a beautiful thing these days,
again, AI is such a superpower.
You're not running blind these days, man.
Like before when I was,
say I wanted to write a really good message to someone, I could spend hours thinking about,
did I say that right?
Did I say everything perfectly?
You have the AI audit what you're saying,
and it will give you a better version
of what you're saying.
And within five minutes.
And the same thing with building products, right?
And we're building LP bonds.
This isn't something I just shot blind at.
I really ran it by AI many times, and I still do.
Just take our idea to AI.
Say how valuable is what these guys have created?
These LP bonds.
How important is this problem that it solves?
To get that feedback.
So again, you're not just taking a speculative guess.
You're really doing your research and what you're doing
and getting a sense of, is this valuable?
How valuable is this?
Is there something better to focus on?
And I mean, honestly, that's actually what we're doing to do LP bonds.
We were pretty focused on just being like a standard NFT marketplace previously.
And then the AI actually told me, it's like, well, actually, the LP bonds are significantly more powerful.
And it kind of actually directed me.
It's like, you should focus on this.
So use that feedback to help guide you into what you're doing
and whatever capacity you guys are doing stuff in this space.
It's incredible.
If you get that, we've never had this ability before, man.
My mind always goes to like three years ago when like pre-AI
and we were just trying to solve things on our own
or hunting around in our network,
get feedback on stuff.
We're in a new era, man.
And the AIs are just getting stronger.
So it's incredible,
truly incredible times we live in.
I don't think we're even doing it the proper justice of,
you know, or respect like how incredible it is.
So anyway, that's how we're working uh which has
served us very well and uh so yeah just figured i would share that and you might have been saying
something gabby like that that's fantastic what you were just talking about you know being patient
and it sounds like you have like a call to action, you know, builders keep building and don't give up. It takes time.
So it's always nice to hear, you know,
from other builders in the space that, Hey, it's not easy, but it's,
it's worth it. And we've been here for quite some time. So,
and I don't know if we can bring Foxen up.
I see Foxen down there and he's with gummy invasion.
So if he has time to come up to speak, we'd love for him to come up.
But we do have another question.
We will have a kind of a hard stop, you know, and, you know, another 40 minutes, 30 minutes or so.
And so we definitely don't know how much time we have left with you.
But do you have another question for you here?
And excuse me, I have to write my question down. So Tommy, give
us a last to-do
checklist for listeners
for the micro TGE until we
come back next week.
For sure. So yeah, again, just a
reminder, be on the space next week.
We will be having
the micro TGE go live
followed with the LPp bonds uh on the
twitter space just before it so it'll be like presented to you guys on that so make sure you
get there you guys want to participate and you want the first the first uh info and all that um
and yeah again those of you guys who are wondering i know we've had a lot of questions when is the
next when is the next wave of the airdrop opening up?
It'll open up soon after that.
So yeah, next week you guys can see it live and we'll probably be on the spaces.
I imagine some people will be minting during the space and whatnot.
So be here, take advantage of it.
It's a small allocation that we're doing with it.
a small uh allocation that we're doing with it again just 21 000 worth which is pretty dang small
compared to i think a lot of things we've seen that have released in the space that have like
raised millions of dollars which i mean we are going to have additional uh tranches that follow
up um but likely the terms will change uh and you know, be, say, higher price points or stuff
like that. So if you guys want to catch that and get in at kind of the ground level, that will be
your opportunity to do that. So I can hang out probably like another 10 or 15 minutes. So, yeah.
Thank you, Tommy, for saying that you had an extra 15 minutes because we brought Foxen up too.
Foxen, and I think I'll have another question after Foxen.
We'll see if Foxen might ask the question before I do.
But, Foxen, how are you?
Glad you're here.
Good morning.
Good morning.
Yeah, sorry I popped in late.
I was out feeding and wandering like 36 horses.
So I'll have to come back and listen.
If you're speaking, I can't hear you.
I think it's just you, Gabby.
I can hear you.
It might be on your own.
You want me to drop down and pop back up
so Gabby can hear me?
Yeah, good idea.
I think it might be on Gabby's end.
Let me notify her.
But I think you're good, Eric.
Gabby, can you hear me?
Gabby, can you hear me?
It shows that Gabby's connected on my screen.
All right. Not sure if that worked,
Mark, but it looks
like Gabby's a listener on my screen. I think
Mark said she's a speaker.
She's in between.
For me, it just says connecting under her name. Okay. Yeah.
It looks like maybe she's doing what I just did to get back on there. Twitter doing its
thing. Or X, I should say XO. I've already sent her the speaker request.
There she goes.
There she is.
Sorry, I had to take a lap.
Sorry, Foxen.
How are you?
No, no, you're good.
I wanted you to hear me.
No, I'm doing great.
I popped in late.
I had a lot of horses to feed in water, but I'll definitely take a listen.
No questions. I just wanted to catch everybody in the space and hope everybody's
doing well. We are doing well.
I guess they, you know, hopefully you heard that we have to be back here next week,
you know, because we don't want to miss all the excitement. And so that Tommy
has provided information
and everyone in here has been listening.
So I'm sure we'll have a big space next week.
And also hearing from Barkoshi
about Big Collisions project that he's working on.
And it's posted in the Nest as well
to take a look and join telegrams
and merge forces together
as we continue to grow and thrive in this space. So it's awesome.
And Jess Rock, I have to just go back to you again. You know, I love the insight that you
provided about being confident and being in this space. And yes, it's hard. You're builders,
you need help. So, you know, any contribution that anybody is willing to make to help projects
thrive, you know, doing the right thing, you know, not here for rug pulls, but doing the right thing and those who can aid and help along the way is always a good,
a good, a good takeaway message from these spaces. I feel like you learn so much,
even going back to the UI UX experience on your computer versus your phone and how it's getting
better. I really do appreciate that. I was mentioning yesterday,
I had GMI up on my screen
because I was just, you know,
doing my own little personal study
and how much I appreciated the actual website
and not being on my phone.
Being on your phone sometimes can be a little small
for those of us who wear glasses.
And so utilizing your PC sometimes,
you know, can be very helpful. And just wanted to give
the GMI team their flowers for a nicely built website, easy to navigate. Of course, I told
Tommy, hey, I navigated over to the LP bonds and it's blurry. He's like, I'm not letting that out
quite yet. So, but do appreciate that. But I wanted to ask if anybody had any questions, even from the
audience, please feel free to request the mic and we'll bring you up. Well, Mark will bring you up because I don't see
your request. But I really appreciate everybody for coming in, being here today to hear all the
great information. And if you weren't here, you could always go back and replay the recording
to listen to what's happening and you don't want to miss next week.
So with that being said, I'll pass it over to Mark,
see if there are any other questions.
I know, Tommy, you had like another 15 minutes, which we appreciate,
but after that 15 minutes, you do have to go.
We need you to, you know, be in your developer mode and get your rest and touch some grass, you know,
or go to sleep at this point uh at the time that you're
you're you're up in the region that you're in so mark any questions or anything that you would
like to update the audience about gmi or energy yeah uh so we do have uh you know this week we
completed a lot of indexing for um b red chain as well um you can see
a lot of collection pop out and it's kind of like a very meticulous process right you have to make
sure that you wait the correct collection so as chains uh come out um you know you'll see more
collections popping off so uh gmi will become your go to destination to like both nfts and d5
uh whatever chain whatever major chain that you are on uh so we have built like you know as you
know summarizing from the last four or five spaces like lp bonds signify the union of DeFi's and NFTs, right?
I mean, the world's largest decentralized exchange like Uniswap.
Why would it go to the NFT route, right?
You can already see the clear signs.
And, you know, we've just enhanced this NFT feature that is not currently present.
We tried to do a lot of digging
and I can still say that, you know,
I haven't found it yet.
Any product that closely mimics LP Bonds,
obviously you will only find it on our platform,
nowhere else.
But other than that, you know,
I'm just gonna go back to building and there's a lot of stuff that we will be covering this coming week we'll see a lot of
posts we'll see our youtube account getting fired up along with our tiktok account you'll see a lot
of activity um i think the building phase is the the most intense building phase is over.
And now what comes next is just like maintenance and, you know, just running an optimization, which is not that hard when it comes to AI right now with the AI tools in hand.
And you guys would if you guys think that.
Yeah, there is a concept called Vibe coding, and i want you guys to actually google it
uh in today's world like you know um people like you me and me and you like gabby like queen here
calving j can actually go to uh you know spend half an hour or one hour understanding what replit
is um and you can actually make your own app your own stuff like you know obviously there are different
levels of this knowledge but you can actually make your own app like i just literally made like i
last night i just literally cloned like an app that actually uh you know manages all of your
social media accounts so you make one post and then you can post it across like you know
um twitter linkedin and all of that and i'm going to
experiment that with my personal account but uh what's happening here is like you know the big
big uh companies or firms used to uh charge like 100 100 like hundreds of dollars every month for
this premium subscription services and just to give you you a peek inside, like you now can actually make it
and it's called wipe coding.
So yeah, that's pretty much it from my end.
So Mark, I do have a question about your wipe coding.
So you said it only took you how long to make the app?
Well, I mean, I knew replete before how replete works so it took me like two hours to actually make that entire app but if you were to start from scratch
right now you will need like a one-hour knowledge of replete and then I think
you should you guys should be able to build it in like two to three hours yeah
it's wipe coding it's just wipe coding you don't even need to code any lines
it will automatically start doing it for you you just have it will be more like an interface
instructions and that's it but yes it will involve for you guys to actually have a little
bit of knowledge which I think if you spend like one or two hours, just basic knowledge, it will end.
And the crazy part is like, you know,
the tool itself will guide you like,
okay, you need to know this.
This is like, you can just explain to it like,
you know, what do I need to do next?
What do I need to, what is this?
It will start explaining to you like in detail
or in like a very superficial way,
however you desire.
Thank you for that information.
I know I want to say I did hear it in Yanda's space.
The first time I heard it was in her space
that she has on Saturday mornings at eight o'clock.
She talked about via coding, I do believe so,
and Mutasco out there and who's in the audience
was there as well.
But I didn't know if anybody else had any questions or anybody from the audience wanted to come up and speak. Always glad to have you come
up if you have any questions. I did want to circle back. I do have one question for you, Tommy,
you know, and I know this is, you know, I probably should have asked this earlier, but you know,
sometimes questions don't pop up until later on. But I wanted to know the price
point for, or if you have a price point, and it's because of something that you mentioned,
the price point for the LP bonds. Now, are they going to be tiered, or is there one price set,
then you will eventually raise the price?
Sweet question.
You're breaking up. Tommy, one moment. You're breaking up Tommy one moment you're breaking up
can you guys hear me now
I'm sorry Tommy
I'm sorry Tommy I'm sorry i have to interrupt you one more time
i hate to do that breaking up again yeah you were breaking up again that's okay
i need to get another sim card i don't know why this one behaving like this can you guys hear me
now yes better okay let me know if it cuts out thanks for just know if it cuts out. Thanks for just jumping if it cuts out.
So long story short, we're going to keep the LP bonds uniform.
So there'll be like an Oracle LP bond.
And again, they'll start at $100 target price, but it does fluctuate.
And the reason why it fluctuates is because
the price of an asset
is in that fluctuation as the price of energy changes.
Tommy, I'm sorry.
Maybe I'll answer it next time, Gabby, if my internet's not working here.
Sorry. What's going on? I'm walking down the street.
Yeah, you keep going in and out, and I'm not sure if maybe it's your location.
I know you told us to jump in.
Still coming out?
Yeah, you sound better right now.
Can you try again for us?
All right.
No, maybe next week Tommy yeah hello
okay thank you so much Tommy I think he said they'll have a uniform price and Mark please
correct me if I'm wrong it'll be a hundred dollars starting is that what it would be for the LP bonds? Yeah, Gabby, I just want to jump in,
like, you know, the whole system works in such a way that, you know, we build the first position.
And then when you have the first position, it's actually, I think, almost like $50, right? We
start first with the first position position $50 of one token and
$50 of another token now what happens is over a period of time the pool balances itself and
you can actually guys can you can go and check with any assets don't do stable coins try to do non stable coins and see you can see like if
you put $50 in here $50 and it's not going to be the same all the time so when
we meant that first bond you know a price oracle is actually set up and as
new users come and build and and mint more LP bonds those price oracle actually fetch so it's
actually not exactly the dollar amount but the amount of tokens the price
oracle will fetch it which is around about like close to that hundred dollar
mark but it can be like 10 20 percent it can fluctuate because like and
obviously it's a pool so it's more of a token combination rather than a fixed dollar price.
But we do start like the first, the very first thing starts with a $50, 50-50, like a total $100 value goes into that first bar.
And then 50% of it is in one token, 50% of it is in other token.
And then the price oracle starts stretching the price and then it updates to the user every time they go and mint
And it'll be bond it shows them how much tokens
They will need to mint that bond on both sides
Of that answers the question and it's it's not very complicated. That's why I'm saying you guys need to play with
And it's not very complicated.
That's why I'm saying you guys need to play with even a little bit of LP position, like do it like, you know, $100 and see the changes over days.
You see that the token fluctuates, like the tokens actually fluctuate.
Thank you, Mark, for that.
And before we go to Matosco, I have one last question.
The length of the time the bonds, I know there was a toggle between 6.9 years and 10 years. So, has there been a decision made on going with 10 or 6.9?
Yeah, it's going to be 10.
10 years. Thank you. That's just for clarification for the audience.
And we'll go over to Matosko. Hey Matosko, how are you doing today?
Hey, good Gabby, how are you?
Doing well. I'm glad you're up here. What's your question? You're probably reading my mind because I don't know if it's already kind of embedded but if Tommy's mic doesn't work. That's fine, too. But I would like to get your take on, and I don't know who's behind the energy account, but you can comment on this also.
Because I've been thinking about this.
There's a few examples that have followed that kind of mirrors what you're building here.
Number one, Entangle.
I don't know if they're still kind of active,
but they had like a structured product where they were leveraging like Uniswap liquidity pools
and they were creating like synthetic versions of them and allowing users to kind of you know they kind of introduce what
they would consider as capital efficiency on liquidity bonds um that you guys are calling
uh the way that you designed it here uh that's number one number two there was um there's still a protocol within the ethereum ecosystem called uh etherfi um i
followed them a lot from the beginning to where they're at and the different products that they
have uh they have they now have liquid cash and staking these are separate products but within the products they embedded like different tiers of like
loyalty points that somehow create some stickiness in in the distribution and so
when I think about the liquidity the LP bond just like what Gabby was saying and
I'll post something here so anybody kind of get why I'm asking the
question, but it has something to do with a model around staking, right, which is called long-term
staking. And there's like, you have Alice, Bob, and Joey, and each one of them have different rewards but what it does is it either pulls it
kind of creates like a yield curve but that yield curve is like sticky because alice has you know
a different reward rate uh if she stakes like you know right now the lp bond is six years, right? And it's fixed. But is there any thoughts around creating a tiered?
I don't know if you're getting what I'm saying.
If you create a tiered reward along that, because right now, I don't know if it's the case, because I haven't looked into the mechanics in detail but what I'm asking
specifically is instead of six years or 6.5 you introduce a tiered lockup period so you have short
medium to long and with that setup you know you can either decrease the rewards, because I've heard Tommy talk about the 300% APY or whatever.
Because every time you say that, there's a lot of flags that flies out.
People who don't have the time to appreciate what you're building
may have all kinds of assumptions about the rewards structure
do you see any value in introducing a tiered um uh structure in this like the lockups you get what
i'm saying instead of six years there's a breakup between because a good example I'll give you is the board ape. It's like when you mint an NFT and it's 10,000 units.
While you may argue that you're creating scarcity or creating a cap, you're also leaving people out.
When, say, the board ape gets to like one board ape gets to like $1 million, then you're like, okay, how do you allow more people to be coming?
It makes sense if you say you're creating an exclusive club.
But if you want to extend it and make it a bigger nest, then you should have sticky levels of optionality for people to want to lock up their nft and and yield based on
their desire to either be short long or medium does that make sense
yeah i'll jump in here i don't know if you guys can hear me can you guys hear me
yes we can hear you is it you sound clear breaking up
okay so i will i will answer that so so this ties to tokenomics and when we were originally
designing the gmi tokenomics i was actually going to have different terms for it they were going to
be there was going to be a one year there's actually going to be a six month one year three year
year and 6.9 year um and then we opted just to do 6.9 years which now we've opted to just
just do a 10- year bond so it was
kind of speaking to what you're talking about to give people different lengths um the reason why
that would have been needed back then is uh this is before we developed it where the positions could
be tradable because people don't want to necessarily be locked up long term so we gave those options
for different lockup terms.
At this point, those positions are tradable.
So if somebody wants to exit a position,
they can do so the next day after minting it if they want to.
And that same position, say they minted it,
we launch next Sunday and say they minted it on Sunday and for whatever reason they want to sell their bond the next day.
They can do that.
They can list the bond for sale and exit their position. But the key thing here, and it's extremely important,
is it ties to tokenomics. And what is the age-old problem in tokenomics? I don't know if you know,
but I will tell you if you don't know what it is. It is the sell pressure, right? And we experienced
that with energy ourselves. Launched energy back in 2018,
before the age of DeFi and all that,
we had 100 to 200% APY the first year.
And originally, before I went down that path,
I thought, oh, well, people just,
we'll just hold on to their energy, right?
Because they have more energy,
they'll just be happy to hold on to more energy.
That is completely not true.
People look at yield as,
or their staking yields that they get in hand
as, oh, let me just sell this.
And so what happens?
Even though the amount of energy people have
has increased many times
since it originally came out,
the problem is it creates a sell pressure
and pushes down the price.
And that's no good.
So one of the biggest problems we solve here is how do we prevent those tokens from getting
sold on the market?
And that's what LP bonds too.
The GMI that gets locked up in these positions cannot hit the market for 10 years.
This is a critical part of tokenomics.
This is advanced tokenomics and it's very important.
We put literally again years of thought into this, but that's the thing.
You want to give people a
high return but you don't want those tokens hitting the market and that's how you solve the problem
the way we did it um i had another thought and and one one thing to add on it too again and this is
like you know if we were offering 10 000 thousand percent apy something, I'd agree with you that it's too high. But 100%, I don't think it's too
high. I think it's kind of the sweet spot. There's plenty of staking and whatnot yields that are 10%,
20%. In fact, that's what it is for energy. We have staking at about 10% APY and Masternode is
about 20% APY currently. There's plenty of protocols at that level. That's nothing unusual and pretty normal.
And there's plenty of protocols that are still around 50% APY as well. Again, I think the reason
why I am for 100% is it's high enough for... That's a big yield, and I want that, without
it being destructive. If you have a 10,000% APY, that's destructive, right? Because that's extremely heavily favoring the people who are in there at the beginning,
you know, at the behest of people who join in later.
100% APY doesn't do that.
It's manageable.
Again, it hinges on the project being successful, right?
Ultimately, if a project's successful, there's a good chance it can appreciate more than
10 times over 10 years, which would absorb that supply.
So take Ethereum, for example, right?
How much has Ethereum gone up over 10 years?
We actually had this conversation, I remember, a few weeks ago, right?
If you create a successful protocol,
it'll increase a lot more than 10 times over 10 years,
so the APY is manageable.
So I don't know if that answers your question.
Or if you have a follow-up.
Matoska, are you there?
No, no, no, I appreciate.
And I think specifically what you just described, what came to my mind, and I think what you're just saying about, and this is the problem with having things wrapped around a token because there's the token incentive design could be
separate from the use case that you're trying to scale unless you you're putting a cap at you know
how much you want to scale this because as you know um if demand you know you're hoping that
this becomes big and looking at the title right right, there's $130 trillion. So if what percentage
of that do you want to eventually, and if it's part of your vision, do you want to have on this
marketplace? And if that's your vision, what complexities gets introduced if you put a cup
on it, right? And I get what you're saying about
the dynamics of the pricing, but is the goal to maintain stability while also limiting your
ability to scale? I'll give you a specific example, right? With what Saylor is doing,
you could call MSTR a token. And he's well if you own it you own a stake a right
to vote and do whatever with the company uh and its growth but with dean it he's saying that i
have a mission and my mission is there is 300 trillion dollars in the bond market i want one
percent of that so maybe if that gives a MSTR $3 trillion market cap,
why would you think somebody will buy MSTR? So that's kind of where my, because you have a point
there with the token and the sell pressure, but you can't control that, right? People are going
to come in, they're going to sell. Some people are just traders. You can't choose who wants to own it. And if your concern is on the price of the token going down, that kind of creates
a limitation though. Do you agree? I don't. I'm listening to you. I'm not catching the issue.
Do you hear me?
Yes, we can hear you now.
Were you able to hear Tommy?
No, I heard him briefly.
Yeah, he just said he didn't agree.
And Tommy, I'm not sure. You're talking about two different things here, right?
One is the cell pressure that eventually you think is going to happen, right?
And the other part is the utility.
Is that correct?
In short, if I understand this.
I'm just saying that is there a separation?
Do you agree with like separating how much are you willing to scale the use case versus the concern for the price of the token going up and down? Because you can't control who buys to go through the merge, a lot of people were kind of locked out. And there was a lot of frustration on why can't I take my
tokens? And this literally created a new innovation, which is the restaking model where you put in your
token and get a receipt token. So I'm just asking because I'm trying to understand, like, is there a separation between you being concerned about cell pressure versus your mission to scale that aspect of the bond that you're creating that is wrapped around the NFT?
I've put in some comments also, because sometimes when you're talking, it's kind of hard to, like, you know, elaborate on what I'm actually thinking.
kind of hard to like you know elaborate on what what i'm actually thinking but i've put a lot of
part around this and i think there's a lot of nuances to what i'm saying and i i get that but
my specific question to you is with what you said about cell pressure i understand that but there's
a there's a stickiness to who is buying the token. There's different people buying tokens. So if somehow
you design a use case that, by the way, the use case is powerful. I love it. But I'm kind of
wondering if you're wrapping the concern for cell pressure into the use case, would you create a
limitation to how that use case scales eventually? And that's why I brought the point of, do you agree?
Because do you see that limitation?
I think I understand your, I see your point, but I think the opposite.
I think the better the token does, the more people want to be.
And there are many tokens that come to my mind right now to have absolutely zero use case.
And I've just been all hype and narrative for many years, including some coins in the top 10
that have absolutely no use case,
that are all just hype and narrative.
He's cutting out for me.
I'm sorry, can you hear me?
I think I'm going to have to repeat it.
And Tommy, I don't know if you probably updated Your X but sometimes
If there's an update pending
You might have some issues
Glitches and stuff so if you haven't
Yeah yeah maybe that's it
Thank you I need to update
I don't update my apps automatically
I manually do it because sometimes it's buggy versions
Can you guys hear me right now yes yeah you're coming clear now
i don't know okay so okay so here's what i was saying so um what i've seen in the crypto space
i brought really nothing nothing really to bat, meaningful at all, right?
But they have a narrative because they have held value and appreciated in price.
So I don't think you're putting enough weight on the importance of that.
And by the way, I want to make, I want everyone who gets in GMI to make money.
And I'm sure everyone who wants to get in also wants to make money, right?
So that's like a big objective for a lot of people. And the key thing here is it's the
mechanisms that I've created for it that enable that. It's taking these tokens off the market
when they're permanently removed off the market. That is a huge incentive for a huge driver for price appreciation look when people can't come
and dump the tokens it's massive let me tell you like i mentioned this on the twitter space before
but i once saw this like discord or this like you know screenshot from like this private telegram
chat and these guys were like we have to stop the people from selling you know and they were like thinking of these you know um
scheming ways of doing that and it's like you know so so this is not a problem that just has
affected us it probably affects an enormous amount of coins so what we've created is a system where
that sell pressure is you know delayed for 10 years and so then the question comes what happens when the 10-year point
comes and the answer to that is as I was saying earlier if you build a successful protocol it'll
appreciate a lot more than 10 times over 10 years it can appreciate a thousand times I'm not setting
an expectation for GMI but the point I'm saying is when that time comes when tokens are eventually
unlocked the the liquidity pool can be massive that it can absorb that sell pressure.
But the more successful the token is,
the more people are interested in the token,
the more people want to participate,
the more people want to be partners,
the more institutions that want to buy it.
Man, I didn't make the rules.
I didn't make the rules.
You know, this is just how the game is.
You know, but if you want to play the game
and you want to be really successful,
then you should design the token on the X.
The token is going to perform as good as possible,
and that will attract more people to the token,
more people will be interested in what's going on,
how it works, and they'll want to participate.
And by the way, not only does it benefit GMI,
it benefits all the partner tokens we partner with.
Not only is the GMI locked up for 10 years,
but so are those partner tokens too.
And so we've created a system
to basically provide long-term liquidity
for not just GMI,
but also for all the tokens we partner with.
I have liquidity that stays there for 10 years
and those tokens are locked into liquidity for 10 years.
I want to add one more thing too.
There's protocols.
You can go look on DeFi Llama.
There are blockchains that back in 2021
had a billion dollars in TVL
and today have one to two million.
So in other words, within a couple of years,
their TVL vanished.
You know why?
Because TVL is mercenary.
People are not loyal to their TVL. They'll provide it today.
And if there's incentive that they're happy with today, they'll keep it. And tomorrow,
if they find something better, they'll go somewhere else. So you have to provide a proper
incentive for people to want to provide liquidity long-term. And that's why the APY is 100%.
It is a strong incentive for long-term liquidity. So it's great questions.
I appreciate your thoughts on it.
It's actually great stuff for you to hear and the audience to hear and kind of get your head around.
But it is a multifaceted thing.
It's not just like a, you don't just,
in the crypto space, you can't just do one thing right.
You got to do the tokenomics right.
You got to do the protocol right.
You got to have a good airdrop system. got to do like everything stacks on itself you know and
that's how you make powerful protocols and tokenomics something i take really really seriously
you know and this was uh this is not again like a you know off the back of my hand these tokenomics
i've developed literally i've been designing the tokenomics for GMI since 2022,
and I originally had a design similar to what you were saying,
and it evolved to this point.
And I think what I have now is far stronger
than what I actually initially created with it.
Thank you so much.
Go ahead, Mithas.
No, no, quick point.
And I love your thought process on this.
We need people that have actually gone through the experience of all these, you know, projects and, you know, innovations, ideas that have failed or the failure is usually not a problem. When somebody learns from a failure and then builds on top of it, they're not that.
So if you look at what I posted, if you go on,
because what you're describing, I agree with you, right?
You're creating this value that is indirect,
but that value could be an incentive to bring people to say,
you know what, I want to buy.
If you remember a couple of weeks ago when we were talking,
I said, because you're expending energy to manage this use case that
you're creating that is going to create an incentive outside of the token. But how do you
remain sustainable? It's like take hyperliquid, right? People like it and they will buy it because
they think, well, they're generating fees or maybe pump fund.
They're generating fees.
The revenue model is also very important.
And so for me, if you go on validatorq.com, I think that's what it's called.
I put a screenshot in the comment section because that is where my question is coming from.
As in, you know, if you look at Ethereumereum as an ecosystem there's entry and there's exit
but the staking is a use case because if you go on um uh what's ultrasound money you see how much
ethereum is staked now went from 30 20 less than 20 million uh to now 35 million ethereum staked
and then there's actually now estimates of like how much of ethereum is
going to get locked up they're estimating like right now we're at one percent on the ethereum
treasury companies that in itself is a use case because they're saying well these guys are going
to buy the token and they're just going to freeze it now and the freezing is actually value back to
anybody that may be holding gmi or any of the native tokens.
So I understand what you're describing there.
I was just wondering, like, is there a need for some stickiness?
And if it's not, that's fine.
But do you get what I'm saying there?
Because the use case is valid.
But as you scale, at some point, you're going to have a bunch of people in that pool
And some people may have reasons to want to either have some flexibility or not
And if you put people into this like six year
And we've seen what happened to the banks, right?
They bought in, Jerome Powell said, we're not even thinking about rate cuts or we're not even thinking about rate hike or something like that in 2022.
And then these guys, I mean, Silicon Valley Bank collapsed specifically because of that.
They went all along and then somehow something happened and they went out of business.
So that's kind of where my rationale is in terms of like, is there any
optionalities? Have you put a thought around that? Because there will be a new generation of people
that may be interested in this protocol. I'm really intrigued by the design and that's why
I come in here and I'm trying to learn and understand the mechanics behind it, because this could be huge if this can be done.
And I know you're all in on this, but you know that this is important and we need something like this in this space.
It's just letting people understand how significant this is in terms of giving it as an option for people.
significant this is in terms of giving it as an option for people. But there has to be like some
options in the lockup. I don't know.
Well, if Tommy's not commenting, I want to say thank you, Metosco. I'm sure the team is doing
all the background and researching and seeing what's best and viable
for the actual protocol itself and how they're working on it. So we do appreciate your question.
Ah, now we can hear you. Yes, Tommy. Okay. And by the way, I got to run after this, but thank you
for the questions, by the way, Tosco. And you guys join us on the next space and I can answer
more questions. I actually love these questions. So just real quick in response to what you're saying.
Tommy, we can't hear you. Yeah, hear me. We can hear you.
You can? I'm going to say it. Hopefully it doesn't cut up. Okay. Optionality in regard
to your concern about optionality again that's the whole point
wants to be a uniform size there's a bid and an ask so anytime you want to anyone who wants to
they can sell their bond into a bid and sell it immediately so the optionality is there
you know so that that's the point i could
we really could have done 20-year bonds if we wanted to and people would still have that
optionality they have the freedom to sell their bond into a liquid market at any time
so hopefully that makes sense you might have to think on it a bit more but i hear what you're
saying and the key is actually,
our lockup is actually much better than most protocols. You don't have to wait 28 days to go sell your LP bond. You don't have to wait 14 days. You don't have to wait three days. You can sell it
the next instant you want to. So it's maximum freedom if you want to exit a position. And this
is, again, really critical, and I implore you to really, to really think on this is the importance of having that liquidity
tied down for 10 years is extremely important.
Again, just go on DeFi Llama and go look at other projects and go look at what their TVL
looked like in 2021 and ask yourself what happened to that TVL.
And that's the point.
We are providing a solution to bring long-term liquidity.
I mean, and really the big picture of this
is that liquidity can expand far beyond just the crypto space.
We can be like the liquidity provider
to much broader assets than that.
But this is where we start, right?
So hopefully that answers your question.
On that note, you guys, I got to run.
So yes, please join us next week.
Bring your questions.
It's awesome hanging out with you guys all.
I'll see you guys next week.
Thank you, Tommy.
And I'll say, you know, in this point,
I'll say like Yanda says,
we're going into our bonus,
you know, our bonus minutes.
And so we do have more questions on the table here
and I want to pass it over to Calvin J. Thank you, Tommy, for being here. Thank you, everybody, for your questions.
Calvin J, go ahead. I appreciate you, Gabby. And Tommy, I appreciate the transparency on the
questions. While you're still here, while you can listen, hopefully, maybe, if not, even on the back
end of the recording, expanding the optionality, because that is the solution.
People want options.
To have the bidding, could people even do offers?
If you have to go, I understand, in a bonus minute,
something to think about.
Yeah, we can do that, Calvin.
Yep, we will have that feature as well.
Okay, sweet.
And even, okay, it's still an open market.
One would still kind of have to be somewhat dependent on someone purchasing their LP bond.
If they do or do not, they may still be stuck.
If anything, tiers.
I know it's set for 10 years, but maybe having the option for people to select like maybe minimum of a year then three
year five year ten year like I understand you have to maintain the TV
because people will definitely see the more attractive yield and a newer
protocol and that do their research on that protocol just a pin because it has
a higher yield I'm aware trust me But people do like those options and you acknowledge
that yourself. Everyone here can appreciate options and having their freedom expanded.
So if anything, 10-year maximum for bond and possibly just having additional lock rates.
You could do this, but then you'll earn this.
But if you go to maximum, you'll get the maximum.
You know, it's just a possibility.
Thank you so much, Calvin, for your insight as well.
You and McCosco, you know, those tiered approaches are wonderful.
Maybe having a limited amount of bonds maybe marked at those one and three, five years, you know, something like that,
so that there would be more of an interest to do the 10 years.
But, yeah, I hear what a lot of people are saying.
And so having a TVL, I know there's a lot of complaints about TVL on many different layers.
So we want to really be careful and make sure the project that we are invested in or that we're considering to be invested in is protected.
You know, so, you know, that that is important in TV.
I've seen that a lot here in crypto Twitter that that the TVL is a huge problem.
So, you know, any way we can mitigate that situation, even if it's taking those tiered approaches and only making them and making them limited, you know, that only so many will be sold at one year or three
years or five years or what have you, might be a potential option as well. So Mark, are there any
thoughts around those types of ideas? I know you guys have considered it back and forth and had
stayed steady on the 10 years, but are you all going to possibly rethink the limits?
I mean, we started with an NFT marketplace and now here we have a solution for both DeFi and NFT, right?
So we'll observe.
What I would say definitely is, you know,
I always, I'm a very, as Buffett would say,
I'm a good investor because like i'm a good business
person and i'm a good business person it's because i'm a good investor um i take tokenomics very
seriously very very seriously i have seen that like i mean you you you're seeing that with polygon
right literally you're seeing that what's happening to polygon um If you don't take tokenomics very seriously, it's going to bite you.
It's going to bite you real bad, like real, real bad. So what and also the flexibility is also
very important. But at the same time, like, you know, for me, it's the most important thing is
important thing is nothing matters in this world in our space if we if we don't have proper tokenomics
and and and at the end of the day everything comes everything comes down to this just one
single thing which is like people are gonna come and tell you like you know hey I'm looking at
the chart like people don't care about what you've built, what great things you have accomplished.
Like, barely anybody, like, we have saved, actually,
a lot of people their money with, like, you know,
their token loss and everything.
And none of them have, like, I'm not blaming anybody,
but, like, you know, people have not taken time
to come out and tweet, like, you know, hey,
my assets got stolen.
Like, you know, I mean, you see what I'm saying, right?
So for me, you know, when me and Tommy work,
it's, it's,'s it's it's hundred
like you know we are focused very business oriented right so how um do our users uh how do
we preserve value for our users um and and also drive utility so that's that's majority of our
driving force and and we adapt like you know we adapt as the market goes. We take user feedbacks, put it in, and then we go and then we roll.
But thinking this into consideration, it's always you have to prioritize protocol or protocol value or anything else.
If you don't have protocol value, there's not going to be any users.
That's the harsh truth. Like this is literally the harsh truth. And another example, just go and look at BNB. Go and look at BNB. If you really want to
understand and dig deep on how tokenomics works, Ethereum, BNB, one basket, and then Polygon on
the other basket, look at how it works. Ethereum's biggest use case, you guys have not,
sometimes it comes to me while I'm like walking
and running is what most of the layer to use is Ethereum as the token for gas fees they're not
conjuring that from magic right like for example if you go to Monad or abstract or base chain right
when you pay the gas the gas is in Ethereum where is that Ethereum coming from right it's coming
from the mainnet Ethereum to base channel correct me if i'm wrong here but you're seeing the utility
right if the protocol is successful automatically like you know it scales up then you don't have to
worry a lot about a lot i mean a lot you have to focus like you really have to focus but not
a lot worry about tokenomics uh but in the initial days you have to have to have to
really really focus uh on on tokenomics and you got the initial days, you have to have to have to really, really focus
on tokenomics and you got to be flexible.
Like absolutely, that's the reason why there is no cap
on Solana or Ethereum, right?
They're flexible, but you can see like their utility
is just going up exponentially.
It just gives them the room, the window
to focus very less on tokenomics.
So in the initial days, I would 100% say, like, you know, every protocol should be obsessed about their tokenomics
and, like, you know, preserving the value for the users.
I think that's pretty much it, Gabby.
You know, Mark, I think so.
I think we'll start going around, getting those closing thoughts.
And thank you so much for everybody being here and for all the questions.
And I love how people are taking a hold of their spaces
and not going so long
and, you know, definitely having a time limit to cut off
to give people back some time in their day,
touch some grass
and to spend time with family and drink water.
So we'll go around and start getting closing thoughts.
And so I'll start with who I see first.
Mutasco, any closing thoughts before we leave out?
No, thanks for the space. These types of topics get my brain like flying off like a race car.
So I love it. That's why I come in here. I don't. And the question I asked specifically, and I think Energy was talking about the TVL.
It's a little nuanced because, as you know, when you use the word bonds, there's something that comes with it. states uh the gdp and the the scale of the bond market and what drives the economy there are
nuances and and uh i call them negative external effects that usually creates problems so tvl yes
but there's also something behind the tvl that can keep it uh because we don't live in a vacuum right you know that the entire
cryptocurrency market cap could be impacted by macro events or I've you've lived it you probably
know what I'm talking about there are instances where the the the macro effects can challenge
your TVL and so if if the design is not sticky and sophisticated enough,
there's a problem.
I'll give you a specific example,
like corporate bonds versus government bonds.
There is like a sticky situation there
where there is what we call the high yield rate, right?
If corporate bonds may be paying more,
that drives money into them. If corporate bonds may be paying more, that drives money into them.
If corporate bonds are paying low, it drives money back into the other side. And even within the corporate bond structure, there's, you know, junk bonds and there's, you know, these other
more valuable ones. So what all I'm trying to say there is there has to be some stickiness around the design.
I like what Calvin said because even on the bid and ask side of things, there are situations where I'm ready to get out.
I expect somebody on the other end to take my offer.
But if there is a delay, that creates its own problems as well. So, but great space.
I'm going to keep coming so I can learn more. It's very, very intellectually stimulating for me to
see what you guys are building there. I think it's going to be a huge deal
if you can commit to it and be open-minded. This could be a big deal. And thank you.
Thank you so much, Matoska, for your insight and always. We appreciate having you here.
We'll go to Jeshtrak next.
Jeshtrak, are you there? Just closing thoughts?
If not, that's okay.
We'll go to the next person.
That's great.
Thank you for the signal.
Calvin J. Any last final thoughts?
Yeah, if anything, I do appreciate you all for having the space and the consistency. That is definitely one thing that the community can value outside of any deposit.
If anything, if people choose to participate or choose not to, they can definitely still keep up with the news and updates through your consistency and transparency with spaces such as this.
So if anything, if not today, eventually, you know, we already been here for a few years, right?
So what's another day?
If anything, just be safe and see you all next week.
Thank you so much, Calvin J.
And we'll go over to Barkoshi.
Any final closing thoughts?
Yeah, and this is,
I have to take this opportunity
because silence is violence
and the starvation in Gaza
and the occupation,
free Palestine.
And thank you for the platform, guys.
Thank you so much, Barkha.
We really appreciate you being here and also presenting Big Collisions Project for him.
Thank you so much for being here.
And thank you, everybody, for joining.
And make sure you come back next week because that is going to be a treat.
And you don't want to miss it.
With that being said, we will be ending our time here.
So, Sulsaki, we're ready for you to play us out.
Thank you. Some nights I stay up cashing in my padlock Some nights I call it a draw
Some nights I wish that my legs could build a castle
Some nights I wish they'd just fall off
But I still wake up, I still see your ghost
Oh Lord, I'm still not sure what I stand for I don't know anymore Oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, I was never one to believe the hype Still that fool's a black and white
Try twice hard and the map is like
But here they come again to jack my style
That's alright
I find a martyr in my birthday night
Stops my bones from wondering
Just why, why, why
I am over my Why, why, am I?
Well, some nights I wish that this all would end.
Cause I could use some friends for a taste.
And some nights I wish that this all would end.