happy Monday ladies and gentlemen welcome to the show we will get started
momentarily I'm at an all-time high my mood is at an all-time high and web 3
continues to piss me off welcome to the show we'll get started shortly
I was 19 and my hustle down pad I did the right thing they don't know that fast
they act like they don't like key had a couple niggas mad like they don't like me
it's because I'm out of pay I think it might be in my pocket so much though
you want some fucking motivation go watch some whiskey leapfrog from 2012 don't wake
well guys before we get started I hope I'm gonna just practice you now I'm gonna
give you some cake some lesson cake so some move pause this is not going to be
a smooth Monday afternoon okay there is just not you guys continue to piss me
off in web 3 it's really fucking unfortunate I'm not gonna lie now you
like I got a couple of these things like off at a quarter to six I love the fuck
You motherfuckers use Twitter spaces like therapy.
This is exactly why you keep running in circles.
You motherfuckers are supporting grifters and justifying it.
You're sick. You're a sick fuck.
You motherfuckers hung up their fucking d-gotta pair. You're not even wearing it no more. You motherfuckers hung up their doodles apparel. You're not even fucking wearing it no more.
You motherfuckers hung up the fucking d-gotta parrot, you're not even wearing it no more.
You motherfuckers hung up the doodles apparel, you're not even fucking wearing it no more.
You guys fucking hung up everything!
Yeah, I don't even know cause I'm not, I might go live on the Xcode Media page, on Twitter live.
I set up the office officially ready for the stream.
Like I'm telling you, I know I've been talking shit for like six months, I know I get it.
But yo, I'm like looking, the skateboards are up.
I've had these skateboards for six fucking years, some rare shit finally up on the wall.
Supreme only, but fuck about your other shitty ass decks out there.
Anyway, I can't fucking wait, so I'm clearly in a different level right now of energy
because I'm not going live from a disorganized ass room as I have been for the last two fucking years.
It's completely organized.
It took six hours yesterday to do this.
I couldn't believe it took so damn long.
And shout out to the home girl that helped out.
Anyway, happy Monday, 5.02 p.m. Eastern.
We're about to get into it.
We got a lot to cover, a lot of good news, a lot of bad news, a lot of realization news,
and more importantly, a lot of opportunities.
Shout out to Scott doing his homework on D-Pens and RWA.
Shout out to Will had an amazing, amazing chart analysis the other night on Discord
and the Web3 exposed Discord.
Saturday night, it was over like 20 people there.
For 20 people to pull up to a new link that's not Twitter and learn some shit is just monumental,
And this is the reason why you guys will win and you guys will be successful in your life
in crypto and Web3 because you do this shit like that.
It's not even about the people, you know, who's giving you the content, whatever,
who's giving you the knowledge.
The fact that you take that time out of your day to go and learn says a lot about
where you want to be and you should be proud of yourself no matter where you are right now.
Yeah, I'm excited and I have a lot to say and yeah, the title it is, it is what it is.
Can you rug in Web3 and be successful?
I need everybody to answer that question at the bottom right corner.
And then you might just get blessed with some crypto in your wallet.
So we're going to get going in just a second.
Thank you guys for tuning in.
Like, comment, re-fucking post because why?
Because there's no other better space to be in.
I don't give a fuck how biased it sounds.
I've heard it and seen it all, especially after the news that I got today on my
I'm not motherfucking angry.
What's the fucking red button?
I'm pushing the red button right now.
That fucking vest is absolutely metal plated, you little bitch.
Imagine seeing this lock.
Get the fuck out of here.
I got to put this shit on the page for some shit.
You guys might want to lower the volume on your phone.
I would directly just say like the other night, like when that, like when the anon guy was
talking. Anyway, a hater ass bitch says, wow, why is it that you only talk about grifting
and we're at three. Why? Oh, that's all you have to talk about. First of all, a real one,
a smart one knows that's not the case. We just get fucking excited. Uh, and more importantly,
the energy is out of the fucking roof. You know why? Because I was deemed crazy. Scott
was deemed crazy, right? I'm crazy with 3,500. You don't know nothing. You know, you have no
marketing background. This is what I'm saying. This is what I'm saying. Because now I don't
want to hear shit from any of you. None of you. Nothing. Anyway,
yo, yo, yo, yo. Alright, so happy Monday. Thank you for tuning in, ladies and gentlemen.
Nice day outside. Fucking beautiful day out. It's actually really windy. It's probably really cold
where you guys are. I know it's winter. Mom, sorry. I hope you got hot chocolate ready to go.
I hope you're staying warm. Um, but yeah, lots of news in the, uh, lots of news in the ecosystem.
There was a huge banger spaces today by Smokey and Polygon. Polygon Labs. Shout out to Scott.
He was on there dropping that alpha RWAs and defense. Finally seeing some real productive
spaces coming about, uh, reminds me of, I made a tweet, tweet saying it smells real 2021-ish.
And, and that's positive. But honestly, I really tweeted that because, uh, I am seeing that you
guys are once again, not only falling for hyped mints and bullshit liquidity, fucking pumps and
different projects and shit, but it's almost like we forgot that there wasn't a circle jerk or a
group of people that continue to do it. Like somebody would, first of all, guys, let me just
say this and I hope I don't lose a follower, but if I do, it is what it is. God bless you.
I'm a capitalist. If any entrepreneur tells you they're not a capitalist, they're a fucking
liar. This is a capitalist world. Number one, let's just be real. Everything is fucking a dollar
more. You got to go through a middleman, middleman, middleman, middleman, Amazon. Perfect example.
So what am I trying to say? Am I ignorant to the fact that there's, uh, you know, organizations
and things to circulate money and create money? Absolutely not. No, but you know what, what,
what, which is grinds my gears, ladies and gentlemen, grinds my gears is when these
motherfuckers come to this space, come to other spaces, and then you act like as if you are not
in the background, either launching contracts, getting involved, whatever. I've been texted
before. I've been, yo, give me your contract or give me your, uh, give me your, give me your
wallet address. Come on, bro. How are you stupid? We're not dumb. So just pick a side. Like I've
had this combo with many people and Scott definitely has two. People talk a certain way
in group chats, but on the timeline, it's, it's like the opposite, like completely talking shit
about something in a chat and then praising it on the timeline. Like literally that,
which don't get me wrong. I'm not all for, I will not. I try to love spaces. I rather vocally
express things and tweets sometimes cuz contextually it just doesn't come off all the way that the
way I want it to. And so I get that, but bro, like it's just, we are not going anywhere.
This ecosystem is almost four years old now and it's grown and you know what's going to happen?
The smart companies that have been around for years that first of all, they're, they're nowhere
on our level of education and web three, but guess what? That doesn't matter because they're
going to step in. They're going to employ their people they've had for years in here because
of the circle jerkling and the shit that you guys are spending your time on and you shouldn't.
That's what this rant is about. That's what that's, there's so many priority issues in this space.
Am I somebody to tell you your priorities? No, but you know what? The first thing I do when I,
when somebody asks me, shitty, I want to get a job in web three, I say, how are you paying your
bills right now? And they can't tell me in 10 seconds. It's an issue. Like the basics in our
life need to be handled. If you think you're going to come in here and handle business and
handle people with care, like a lot of y'all tell me who you are when you launch a collection,
a half ass, when you make a certain post, when you make a fucking certain collaboration or
partnership with somebody that lets you know who the fuck you are. I think Tetra tweeted this
the other day and I so fucking agree. How you do anything is how you do everything.
I fucking stand by that 100%. Anyway, the fucking Monday caffeine is hitting.
You're fucking hypers. Fuck. You were on spaces all day with the energy. I'm super excited to
hear from you. Talk to me, fam. What's going on? What's the news of the day?
Oh man, you called it, man. I'm going to lie. I'm feeling good. Usually Mondays are tough for me.
You know, the kids, they don't like to be around all weekend, especially when it's raining.
But yeah, man, I just want to reverberate what profits are saying. Big shout out to Smokey,
the Polygon team for the D pin space invite, knowing that web pre-exposed, always giving you
the real on the RWAs and the D pins. Like I said, your post can get 30 likes. It's who's liking
and who's seeing is important to give a fuck if my shit gets 500 likes. If I make a post about
peak and the CEO likes it, the BD says great posts and the community is happy, man. Have a
call to action when you do this kind of stuff because people are watching. They're not watching
how many likes your post is getting. Believe me. Look at some of my D pin threads. Some of them
get 25 likes. You know what I mean? But then go check who's tapping in. So again,
fuck the vanity metrics. It felt good to see so many people from the space be bullish on RWAs,
machine RWAs, and obviously the D pin. I was even shocked. I didn't even know 300 people
knew about D pins on crypto Twitter. So shout out to everybody who pulled up. My brain is very full.
It hasn't been full for a couple of weeks now. So with all the stuff that profit's talking about,
but we ain't going to name drop no more. I had my fun last week. Yo, let's just get into it.
Yo, I told you that the airplane hangers are getting full, right? Like,
like four years ago, me, go-go profits, you know, I see Mariana up here, Smokey.
We used to be like, oh, we early, bro. We early three years for it. I don't know how it went
from 2020 to like the beginning of 2021 to the beginning of 2024. Like literally,
I was just talking about profits in this earlier. Like, wait, what? It's like, we almost had a half
decade point here. And it's like, here we go again. You see the same stuff. So like pick
your niche, yo, like the book, all that networking you did in the bear, like go zero black, go
zero, I mean, zero, dark 30, go, go fade the black, fade the darkness and all the networking
you did, all those people you met at the events that you got to talk to because there was
nobody around. Now it's time to put the pain where it's ain't get on those calls with those people
and start building. You don't like crypto Twitter is a voicing tool, right? I think a lot of people
get it all misconstrued. Oh, it's I'm a brand. It's a platform. No, man, it's a Twitter account
that you use for your voice. That's all it is. They'll make it more than than what it is.
But yo, Honda, you're the car brand, dare wise and animal could Japan team up for a web three auto
game. That partnership is intended to co develop the gains of vehicle and transit capabilities.
Sounds like some deep in stuff for the plan triple a science fiction location life beyond.
And like I said, I wonder if there'll be capabilities like the
racing game we covered last week, soul racing, where there'll be actually a deep in device
that is connected to the car racing. So very bullish. Like I can't wait to see all
all you guys and gals cook up all this these new things in this next run. And for my money,
my money guys and girls who looking for for funding, I told you January 1st,
it's time to cook paper ventures. Paper is super connected. It's not just a web three
VC, they're like, super tap in and web two, they announced the $25 million web three fund
for early stage blockchain projects. The funds receiving backing from industry veterans,
from hedge funds, family offices, exchanges, founders, high net worth crypto organizations.
And they want to invest in very early web three, early stage web three and blockchain projects.
And the founding members on Monday said that they will seek to nurture the understanding
projects that they identify. And for their backing, they've invested in frax finance,
say polygon, injected polka dot moonbeam cosmos, you name it. So we're looking for some funding
right now. First quarter, this quarter is going to be the best quarter to do it.
So you know, if you need any links, any help of, you know, what kind of funding that might
suit you the best, you'll reach out to me and profits, or you could tag any of us three in,
in the discord as well. Yo, so we covered on do finance, right? The ones that put the
BlackRock ETF together, well, they're expanding to the APAC that quick. So they said they aim
to address the growing demand in APAC for exposure to US assets through tokenized products.
Again, in our boy Larry's voice, tokenize everything. Oh, man, I just I can't, like grab
you guys by the ears hard enough. And go What the fuck are you doing arguing about crypto undead
for four hours? Like stop it. Stop it, man. It's like I can't even be mad at you no more.
There's all this shit going on. And people want to be like, that specific video game with
everyone's IP in it. That's the next thing. Nah, this is the next thing. I'll do finance
that slap the BlackRock ETF together is now expanding to APAC. So just just something for
you here. And last month when we covered interoperability, right, we talked about
the market upside. When we were talking about chain link CCIP. So again, I read these long
ass reports. So you don't have to blockchains interoperability market side to exceed 1.9
billion by 2032 with a CAGR, which is compound annual growth rate of 25.77. And again,
interoperability is usually defined as the idea of helping data sharing across chains,
interactions, integrations between various blockchain networks, how we kind of explain
how CCIP from chain link takes things on and off chain, you know, in a safe matter, supply
chains, finance, identity management, other industries have all shown potential for the tech.
So one of the biggest benefits of blockchain interoperability is the capacity for cross chain
transactions like chain link CCIP. So let's be real quick on D pin today, man, Solana,
you motherfuckers, stay cooking. So Solana is powering a fucking D pin data center, D pin down.
So it's going to be a innovative platform that empowers ordinary users like you and I,
by allowing them to upload their personal information, your phone, your car data,
anything on these IoT devices related to your daily activities, eating food like Will told you
all to download. What is it called? Blackbird Blackbird. Yeah, he told you all to download
Blackbird. He made fun of us for covering it, just like the uranium. But by establishing
a symbiotic relationship, free air drop data. Yeah, yeah. So I'm only gonna talk about the
airdrop that Will gave off for free. But by establishing the symbiotic relationship between
obviously data contributors and consumers, this is where D pin is going to revolutionize dynamics of
fair data compensation. Again, and I quote my boy Rhino, it's the cheapest way to gather data
for companies to leverage spare resources, and then also be rewarded. So bullish on the Solana
data center. Yo, in NFT news, this is funny. So a United States Air Force cyber analyst has been
arrested in a landmark criminal case. Documents filed earlier this month reveal Mr. Rodin has been
accused of involving a rug pull scheme in which investors are lured to promises in the complaint
Rodin is accused of promoting undead apes. So you tag all those people, those influencers who
talked about this, using the name Devin's to an Air Force veteran on the gaming platform Discord,
falsely inflating the value of the NFTs, which led interested parties to believe the project was
in collaboration with a project called stoned ape crew. Who the fuck was he? Do y'all remember
this? Yeah, crazy. Oh, like, and so he's out on bail now. Hold your thought for a second. For
perspective for the people that this is your one for you. Think of this. Think of all the shit
you're hearing right now. And then think of three years from now. And those same people on spaces
shilling you are now dealing with a case, right? So this is year three of for me and Scott,
or rather your four, but I'm saying like, this is like two, three years ago, projects that came
out just like this. We're gathering, speculating, blah, blah, blah, blah, blah. And now they're in
now they're in the paper and facing time and fines. Like this shit's not worth it. In my opinion,
that's not worth it. Yeah. And this is what I said. Like they're going after, like, this was
even one of the big rugs, y'all. This was a very, very small. It was a mid rug. Yeah. A mid rug.
We talked about this when what was that droplet droppies? What was that one? Drip driplets or
whatever that one was when they got caught up, right? We brought this up then. Like they're going
to go after all these, you know, easy wire fraud cases. And then it's funny, you hear all these
big influencers thinking, you think that Solana shit coin chat where y'all are spinning up coins
and dumping on people. You think the people in there aren't going to ratchet you out
when when the SEC or the Southern District in New York starts throwing that book at you. Boy,
everybody in that chat ratting you out faster than six nine faster than any snitch on this earth.
They are not doing a day. Don't even like each other for real motherfuckers are fake liking each
other. So we're all each other. Yeah. And shout out to ice. He had a very good space about like
the things that you don't talk about while being a space host about,
you know, the shit you say in chats to people, you know, and stuff like that. But we can get
into that later. But I want to end it on a good note. I want to challenge everyone to learn a
new sector in web three, now that every sector from, you know, from traditional life is involved
now. So I always mess around with the golf, the garbage shit. And so I told profits, I'm
gonna study fucking garbage this weekend. And what I mean by that, like, like how it works,
how you get paid, how it makes money, all the traditional ways of garbage recycling,
and, you know, waste to energy, how that whole thing works. So yeah, from shout out to anyone
in that industry, because I learned about the tipping fees, the flush liner,
lithium recycling, energy storage, what you can do is go ahead. L E E D. Just look that up.
Oh, I will. I will. I will. So yeah, watch hours and hours of this. And the reason why
is now you can take all this new knowledge that I got from from something I didn't do nothing about,
and then connect the dots with the tech and the legacy brands or someone with the idea.
You don't have to be from these sectors. You just got to be a masterful maestro
and put the play together, the people in position to make this shit succeed. And shout out to
Quentin Tarantino, because I'm paraphrasing his quote that I just seen with that last statement.
So again, you know, if you're the director, the head honcho, the brain, right, you don't
got to be the fucking solidity dev or the rest. You just got to know Saul's phone number or
somebody like saw or somebody that you can call upon to cook. So again, you don't have to be from
these sectors to know what kind of tech from web three to bring back. And yeah, I challenge everybody
in a fun way. It was really dope to like learn everything about the garbage industry
and recycling. And now I get to think like, yo, you know, can there be some kind of
recycle credits for lithium? Can you know, is it can there be some kind of way to measure the
soil with IoT sensors for the 30 year measurement of covered landfills and we can go on and on
and on. But yeah, join the discord. We're starting an RWA and deep in section with Alpha and how
to farm job openings. And then also if you want to be added to the web to expose deep in farm chat
tap in with Will, myself or profits. But yeah, excited to be here. My brain is full and ready
to talk about some cool shit. Hold on. Anyway, the sky is excited. I love it. This is what we want.
This is the sky we need. This is the sky we need, ladies and gentlemen.
But yeah, 524 p.m. 24 is my favorite number. Drop a comment, drop a like, share this in your alpha
chats. This is the place to be. If you do miss it, if you do fade it, you know, it is what it is. I
tried. I tried. Without further ado, let's get to Will to get the market announcement today. We
do have the special guest here. So I'm excited to jump into the conversation. You didn't know we
go live every single day, five o'clock p.m. Eastern except Wednesdays. We definitely appreciate
the support. We're going live for almost every day for about two years. And one thing that I
specifically is value and more importantly, connections. There's been dozens of jobs
and connections and opportunities and business done from the, you know, relationship is built
specifically from this space and the interactions. And I'm not trying to flex, you know, it is what
it is. But the point I'm trying to make is if you surround yourself around right people, you get
offered and, you know, exposed, no pun intended to some fucking those opportunities. So anyway, Will,
make me happy. Tell me that Bitcoin's going to 35 K. So my short print. What's going on,
King? How are you doing today? Good, good. I mean, I think what you were leaning towards is
surround yourself around the right people. You get the right results, surround yourself around
the wrong people. You get the wrong results, right? A.K. They're going to snitch on you
as soon as they get caught up. I posted the I posted the link up there for those of you
interested. So it is an industry I've worked in for a while. And some of you may have your own
biases against Greenville, not somebody that look, there's money involved, be involved, right?
Investments and everything else. There's a lot of money flow through that area. So I put it up
top there. If you guys want to click on that, it's no fishing or no BS or anything like that.
You don't hook up your wallet or anything funny, no multi-sigs. You just click it, you open it,
you read. Yeah. So with that, you know, it kind of tells you kind of a breakdown of how, you know,
the whole green design works, or at least the way that it's trying to be represented more in the
construction field. But that's because all future development is trying to build in a way that's
that's more, I guess, less or two footprint, you know, yada, yada, more recycling, all that stuff,
which I don't think there's necessarily anything wrong with that specifically, as long as it's not
affecting other people financially. If the person who's building the building wants to do that,
they can do that. It gives tax incentives, yada, yada. I won't get too deep into it,
you guys can read into it. Overall, though, with markets, you know, these are these are
levels we discussed. But, you know, again, I can I can name it off and name it off for weeks. We can
go back to the recordings. If you don't believe me, it's not difficult, right? It's all recorded
spaces. 42, 38, 33, you know, we've talked about all these levels, so on and so forth.
We're rolling into the 39, 8, 39, 7. I take this as a sweep unless they can hold under 40 in a close
on the monthly, right? On the monthly. They need to hold under 40 in a close under the monthly.
If they can get that, they could probably sweep down into the 37k range. And if they sweep lower
than that, yeah, you definitely got some lower 30s. I just I think it's very unlikely we're going
to see that personally, right? I think mid-range, you know, mid-upper range makes more sense to me
just because everybody's wanting that lower position. They're anticipating that lower
to position. Everybody is positioned for that lower position. I mean, you've got bears coming
out here asking like they've been vindicated on a 3% drop. It's actually hilarious. Yeah,
I mean, overall, I've been memeing a little bit today because it's like, are you guys serious
right now? Like everybody's bear posting right now. You dropped like 5% from the high. Like
you guys serious right now. Yeah, again, it's all about your positioning and your
telling me you haven't seen the video where people are like, oh, I told you it would touch
50,000 before it drops. So the news like fucking crying. It's honestly a bunch of clowns
slash parrots. Right. And I say that because like I'm just so fed up with people like
representing fucking bullshit ass information. Like people are like, Oh, look at me. We dropped
5%. I told you. And it's like, bro, like add some context to the conversation. Don't just
sit there and say a level. Um, so I'll give you guys some context, right? It's just like,
I think it was one of those whale alert things, whatever I hear on Twitter that everybody
falls like 900 million went over to Coinbase in Bitcoin. Yeah. Do you think they sit over 900
million so you could see it right? You could see it on chain so they can go sell it on you
because they anticipate the market to go down. Like people don't understand. Like
if you want to position, all right, I'm going to explain to you guys in a simplistic way.
If you want to position your whale, you have, you have a massive position in any type of asset,
right? You, you can, you can get what they call OTC. For those of you don't understand OTC,
it's, it's what they call over the counter, right? Um, so it's basically, you can find buyers
on the backend or sellers on the backend and there's no transactional volume across chain.
You literally just hand it over and they hand you the cash. Why do you want OTC over market dumping?
Because market dumping, every single Bitcoin is devalued after every dump. So it goes 39.8
for the first one, then maybe 39.7 for the second one, 39.6. You get the point. Like you're
getting devalued sell off. Um, no, no smart investor, no institution, no whale is going to
sell like that. They're not going to sell like that. Uh, especially with the, with the position
and that just happened with all the ETFs and everything I thought they're, they're going to
OTC and they would probably go to a black, you know, black rock, whatever, but look,
we'll give you a little bit of discount. We want a better average though. If we were to sell this
all the way down, it would probably take us down to like 35, but we're willing to OTC you
this on the backend. Nobody will see the transaction and we want it for 37.5. And you know, black rocket
like, okay, we'll take the whole load for 37.5 or we want some of it. So we'll take it for a higher
price 38 across the board. Um, like this is what you call like OTC negotiating, you know, even,
even Coinbase arguably would OTC any of these bigger players, uh, if they have the liquidity,
obviously. Um, for those, like it's the same thing happens in the stock market guys. Like
market buys, it's, it's just, it's fear or it's trying to get you to step in at the wrong position.
Right. So it's trying to get you to step out at the wrong position or trying to get you to step
in at the wrong position. These guys are literally just messing with your heads more or less. And
that's, that's why I like when people like she, uh, like they're acting like they're vindicated
because, you know, uh, a whale alert bot came out and said 900 million Bitcoin or $900 million
where the Bitcoin, uh, went over to Coinbase and you know, they're going to dump on the market
and everybody's going to get nothing. No, no, no. Um, another way that they can sell to,
and I'll give you guys the other way. If they don't want to OTC is they can put up a sell wall.
And for those of you who trade, you know what I'm talking about. It's literally just set up a
ball of price and you set all your Bitcoin to that price. Every time Bitcoin comes into that
level, it just, you have to eat at that wall to get through it. And so all that, all that gets sold
at market value on that wall, you can see sell walls on the books guys. Like you could see them
if there's, if there's evident sell walls, um, on most exchanges, right? So in this case, Coinbase,
right? We can go on Coinbase, look at their books, they're all open and you can see if they
have a sell wall up at a certain price. And if that's the case, anytime somebody buys,
they got to buy into that sell wall and price won't exceed it until all that Bitcoin's eaten up.
So again, I don't think that again, the context that they put out there is very good.
That's why I'm explaining it to you guys. Like I guess in the best way I can break it down.
Um, but you know, institutions typically go OTC just to see you guys. Now,
just general discussion, always think about that. So when you start to see these way alerts for
some kind of massive sell off or massive buy, like it's, it's just bullshit at the end of the day.
It's to get you to click, it's to get you to like, it's to get you to look. This is why like
my followers are not exceeding well alerts because I tell people the real thing going on here while
everybody else is waiting in anticipation for the next whale alert. Um, yeah. So overall,
you know, I, I think like we get into like maybe the 38 37 K range somewhere's in there.
Um, we'll probably hold here. I think relatively we're going to trade sideways. I don't, I don't
think we're going to violate much lower than those price ranges. Um, probably trade sideways
into the halving. Um, I think we'll get another rip off these, off these lows back up to the
highs. It'll be very much like the, for those of you who were here for this and this will
be maybe new, uh, the 30 K into the 25 K into the 32 K into 25 K and then breakout, right?
So now we've hit the 40, 40 was at 48, 49 K somewhere's in there into now the low 40s and
then we could rip back up into like 51, 52. Everybody looks for the breakout and it breaks
back down to low 40s again. Um, and then we rip from there now. So maybe like, well,
it's high 30s, not low, whichever, you know, tomato, tomato, uh, we're price range is
relatively in the same area. So I would say low 40s high 30s is relatively your low. Um,
I've been buying things today. Again, I tell people this every time I posted my purchases
regularly for you guys. Like, I'm like, Hey, I'm buying things. And I'm like, Oh, well,
what about, uh, my macro, right? I need to make a meme for that. My macro, um,
macro told me to eat a hamburger instead of a McChicken today. So I ate the hamburger.
um, although I think the market relatively is, is, is it, it's in a good position. Look at spy,
look at Nvidia, look at AMD. Like you got breakouts across the board. Um, you have no
systemic breakdown in stocks. So if you have no systemic breakdown of stocks,
why are you anticipating wanting crypto? Um, most of the time people make significant gains in
certain markets, right? And then they rotate those gains in a higher risk. Some of some of
the capital, not their, not their main capital, but maybe some of the gains that they've gotten,
right? They need to place those somewhere. And they're looking to take higher bet, higher bet
risks. So what will they do? They'll probably buy Bitcoin ETFs, right? Which will push Bitcoin's
price back up and people will be like, Oh, you know, it's, it's, it's manipulation.
It's manipulation. Uh, I see that across the board too. That's, that's a regular answer.
It's like, you know, there's manipulation yet you never took the play. So you're just
larking. That's it. Like if you, if somebody knows there's manipulation, then you know,
the next black swan, you know, when the world's going to end, you know, the next, uh, we'll say
a lottery ticket. So go to the start and get your lottery ticket. Like, you know, all this
stuff, right? Um, again, nobody knows what's being manipulated and what's not being manipulated
where it's been manipulated. None of that stuff. Just follow the trend, follow the trend. It's
really that easy. Like just get out of the whole mindset of manipulation of the macro.
Just get away from that stuff. Uh, outside of that, um, a couple of other things I wanted to
touch on. I already did the mean on the three fifth. I didn't, I didn't have a little fun over
the weekend, you know, flip some shit, NFTs, but, uh, I, I had some people deem me like,
Hey, where do I get those at? I'm like, do not buy these. I'm like, cause I'm always
straight forward with people. I'm like, dude, I'm like, they were a little your flip. I'm like,
you're in and you're out. I'm like, I know I posted on them, but it's, if you guys asked me
or something, I'll, I'll give you the straight. I'm not going to say, Hey, pump my bags. No,
I'm like, dude, this is shit. Like don't, don't get involved with it. It's already pumped. Um,
I'll always be honest with people about that. Uh, a lot of people, they'll, they'll try and get you to
put in your liquidity. Most people don't even have the liquidity to pump people's bags. It's,
they don't even understand that you're just going to wreck them and they're trying to get started.
Um, and then I posted on the, the parroting of everybody across Twitter talking about how
they knew Bitcoin was going to fall over, you know, 3% down on the day. I'm like, amazing. I'm
glad you're all experts on 3% moves. Uh, but yeah, that's, that's all, that's all I really
got for you guys today. Um, I've, I've been a little bit, you know, a little bit spicy today
on the thread. I just, I feel like people do it right over there. Why are you so spicy relaxed?
People are just losing the plot, man. Like so many people are going to get wrecked on their positions,
not even realizing we're about to go in a secular bull market. It's, it's ridiculous. And they're
just wrecking other people. That's what the fuck they get because they're in the wrong spaces
and they're supporting grifters and then they get mad three weeks later, they lost out on their
position. No, I'm just kidding. Well, I feel you. We feel for them. We do feel for them.
I mean, at the end of the day, it's where you spend your time and your energy. That's what,
that's the whole point. You want to spend it in the right places. Um, you can finish your thought
wheel. No, I just say, you know, and, and, and it's a little breadth of a side, but it's a side
because I feel bad for people, but it's not really there. It's not, it's not a new investor's
fault, right? It's the asshole on the other side is trying to get a click so you can get $5 on the
month from Twitter. Like that, that's really what it is. Like that's why I don't go for that
kind of those kinds of clicks. I don't care if I reach a million people in engagement,
I go for like transparency, like be, be transparent with people, be honest with people,
like don't sit there and try and get them in the shit that's going to get them absolutely
obliterated. Um, and, and I don't, I don't feel stuff that I think has potential too much risk in it.
I try, I try to get people the better risk plays so they can make, so they can actually make
money in these markets. Um, I think that's kind of what separates me from a lot of people.
I also like all the, I do want to talk about this a little bit. All these are not the projects.
Keep on posting like, Oh, look at the merch. Look at the merch. It's like, bro, you're selling
merch. Come on, come on. What is your project doing other than selling merch? Like you're just,
you're adding more liquidity to your pockets. That's great. Uh, I just, I just wanted to say
something on that. That's all like outside of that, like I do think there's some great projects
out there, some projects that are doing things. Um, just pay attention to the space. Don't buy
overpriced shit and, uh, look for value. My boy, Monday and for Will Han, Monday and for Will.
Amazing take. Thank you. Thank you so much. I'm keeping the short end. That's what you just
basically told me. Uh, make sure you guys don't take anything we say here. Ask financial advice.
Definitely. You know, consult your financial advisor, AKA your significant other because they
probably control your bank account more than you do. And that's, that's something that you
got to take up with them. Um, aside from that, um, thank you for being here. Welcome to the show
again. Straight into it. We got a special guest here. Alex has been in the space for a few years.
Uh, had a opportunity to spend a one-on-one with him last week and it was awesome. I
is very smart. I learned quite a bit in the fashion lane. That's a heavily my lane. As you
guys know, um, you know, best dressed in web three, it is what it is. I don't really make the rules,
but aside from that, I do do, do, do definitely love what Alex is doing. And I'm excited to hear,
um, him share with you guys and more importantly, kind of ask him some questions.
I'm going to grill the shit out of you, Alex. I know I said I wouldn't, but I lied.
No, man. Um, but yeah, I'm excited to kind of get in your brain a little bit after learning about
you, but first and foremost, please introduce yourself and, um, let us know how long you've
been in web three and, uh, in crypto. Yeah, a hundred percent. So hey, everyone,
for anyone that doesn't know me, I'm Alex is building. Um, so I'm lucky enough to have been
in the web three space, essentially my entire adult life. So about nine years now,
this is my ninth year. Um, so I used to be into app development when I left school,
found that that market was way too oversaturated. Um, and then my dad came home one day and was
like, Hey, I went to this, um, lunch at like some business thing. And he's like,
and they were talking about blockchain. Um, and, uh, it sounds really interesting. You
don't really listen to me, um, about most things, but I feel like you want to listen
to me about this. Go and check.
Yeah, people are rocking. Am I tripping?
I thought I got muted, but yeah, no, I couldn't hear nobody.
No, cause sometimes I can't hear somebody. I'm like, let me not interrupt,
but now I see some movement and some weirdness. Let's see what's going on.
Let's get Alex back up here.
That was, that was such a rug. Anyway, that was so weird. I thought I got,
I thought you kicked me off the stage. I thought you kicked me off the stage. I was like,
all right, that's my cue to put down the mic. Um, but yeah, got really into,
got really into top shot, which was kind of my gateway drug into,
into really going all in on web three and NFTs. So that's where it profits.
We were speaking about like how we actually were building the sneaker before we built
brick topians, but it was kind of that period in time where the world had shut down because
of COVID. You couldn't get anything manufactured and we had to go back to the drawing board.
Um, cause we couldn't do anything physical. We were actually, there's actually an article
written about us in May, 2021, um, by high snobiety about us being one of the first sneaker
NFTs that was being built. Um, but we couldn't do it because of the physical limitations of the
COVID period. And so we pivoted and we launched brick topians and now we're bringing the sneaker
back into that. So very excited. Um, very excited to talk about what we're doing with the bricks
and with the brain boot. And I know, um, when we were talking, I was pretty happy that I can
answer all those questions about how it aligns to the project, how we generate revenue and keep
growing and pretty passionate about what we're building. Yeah. That's really why I was excited
to get you on too. Cause your story and then I definitely remember seeing you around for a long
time. I think I've, your face seems familiar and maybe it's the timeline. Um, but also too,
like, uh, it's, it's that time where, you know, if you're just getting here, maybe not for you,
but for people, again, you know, reminding, right? This little flex here. Now, uh, I don't know if
it's a flex and be honest saying you've been on fucking Twitter and all these NFT events for the
last four years. I don't know if that's a flex. Um, no, but what I guess what I'm saying is
you're somebody that's been around building something of quality and I don't think I've
ever heard anything negative or weird about you. And that is what I'm doubling down on in 2024,
interacting with the people that have been around doing the thing, doing the damn thing
with their passion, with what they love and doing it right. That's what I'm like interested
in this year. And so that's one of the biggest reasons for, for even reaching out to you. So,
um, so yeah, please tell me how's that journey been from then to now of like
doing it all. Let's say the right way, because you know, you didn't just come and
instantly launched a 10,000 PFP collection and take liquidity.
A hundred percent. So a couple things as well, like to what you were saying, I really hate the,
the content creator meta that feels like you have to promote a game. You don't play
an airdrop. You have no interest in like an NFT. You've never heard of as your way to
like generate revenue as like a content creator in this space. And so I wanted to do the exact
opposite of that. And something that I've been also really passionate about in parallel
in terms of we're talking about building the right way. Um, I've like completely switched
the way that I create content to be a hundred percent centered on helping people get jobs in
this space, because people actually think that the only way that you can succeed in this space is
you have to get into some alpha group, some Kaba that no one knows about, and that you're
going to get the front run on someone else and just dump your NFT or your token onto the next person.
And in that equation, we just lose people from the space. There's people who get burnt and
they never want to come back. And so my passion is how can I show people that there are other
ways to make it in this space? So the two things I do is I post a bunch of jobs. We actually have
a discord that helps people get jobs. And the other thing is it's a terrible time zone for a
lot of the US friends, because I co hosted with someone who's in Europe. But I also host a space
where I do a deep dive into people's entrepreneurial journey in this space, so that we can unpack
kind of like what you do with exposed, it's like unpack the secrets behind how they actually do
that what they do. So it's like someone who is a space host, and they're doing it as a career.
There's no college that you can go to to learn how to become a space host. But you can speak
to the person directly and learn how how they did it. So that's something that I'm really
passionate about. But something we were speaking about profits in the building with the right
the right way, it's been actually really, I got to be honest, pretty painful. Because
there's been lots of opportunities to as like you guys were saying earlier in the space,
like dump merch, sell a second collection, do all these sorts of things. There's been lots
of opportunities to do that. And we are also a very capital intensive, like business, if we're
going to call it that, because we're making a sneaker, right? And we're making a 3d printed sneaker,
essentially, all of our money goes towards R&D research and development, getting other
experts who like have experience in certain chemicals, actually, like into the team and
able to help us and support us in designing and developing our shoe, printing samples,
all these elements, like we're essentially trying to build Nike from scratch. And it's been very tough
to run something where we haven't generated any new revenue in any significant way outside of
royalties over the past two years. But what's gotten us through what I would say is like this
bear market period. And this is like, I'm like addicted to this mindset, which is that you can
see the people who were here, because they actually wanted to build something. And you can
see the people who are here because of the market. Because if you if you whenever people ask me,
they're like, Alex, like, how even in my personal life, they're like, how have you taken so long
and spent so much time on this? I say I was driven by creating cool shit. And the sneaker
is the next cool shit that we're building. And I want to bring that to market. I'm driven by
bringing this sneaker to market in what we're building. I'm not driven by what the external
market is. And that's all I care about. And what's really cool is, like, I'm really glad that we made
a fashion play. And whether whether it works out is yet to be seen. But the reason I'm glad we made
a fashion play is because originally, the plan was to really launch this heavily focused on
within web three. I just don't think there's enough people here that are really passionate
about micro niches like fashion or other other areas for us to launch something successful in
that way. But it's kind of like you make a weakness into a strength. We're very lucky that
web two is where we're actually going to be able to pull a lot of these new people from.
And so that that's kind of the mindset that we're bringing to it.
How many people are on your team?
So we've got three full time, but we have a very large network of contractors,
because something that we constantly find, right, like, I didn't I think I might have explained
this to you on the call. But something that we find is we will need an expert in shoe fitting,
right? Like you'll need someone to make this thing called a shoe last, which is like a fake wooden
foot that you build the shoe around. Originally, we were just building we like we're making this
in 3D, right? It's 3D printed, there's no like scrap materials that we're like wrapping on a
fake wooden foot. We're not going the traditional route. So we didn't know how to do this.
And originally, we just did a 3D scan of our foot. And we're like, well, if it fits our foot,
it'll fit like that, we should know how it feels. And then we'll either customize it to other
people's other people's feet. But as we went down that road, we realized no, there is like literally
an entire profession for specifically this issue. And we keep on running into these roadblocks,
whether it be supply chain, materials, fit, chemical properties, coating, all this sort of stuff
that requires very specific expertise, but you don't need in the team, full time. And that's why
we're able to run and continue to run on such a lean runway and continue to build this thing out.
I love that so much. 550 guys 550 p.m. if you're just tuning in, like comment, repost the room,
giving away some ETH, or Solana, all you got to do is drop your address below, repost the room.
That's the way I say thank you. I don't give away illiquidative teas that can't do anything for you
except sit and collect dust in your wallet. Alex, how'd you go about picking the people that are
contracted to you? And the reason I asked is, unlike most, really, I noticed this in new
companies, but like new companies that enter web three, normally, you'll find them have people
working for them that, you know, found them from like, what's it, Indeed, or whatever,
like or they've been with the company web two prior, so they're just new to web three,
just got a Twitter. So how did you go about picking the people that work with you,
you know, seeing as you've been around for a couple of years?
Yeah, 100%. So I actually really love this story. Also, before I get into it, I hope it's
okay. But I want to call out for anyone that is trying to get a job in web three,
I pinned out discord up above. This is the only time I'm going to plug it because I just want to
make sure that anyone that is looking for a job, you don't have to do it the hard way. We've got
people in there who give resume feedback. We've got jobs being posted every day. And I'm in
there, happy to help people answer any questions. So if anyone wants to do that, come and join
above. So I actually really love the way that we hire people because I think it's our secret
source. And I wish I could take credit for it. But it's actually my co founder who's the artist
and designer who is actually the one who pulls this off. So he has a method that he calls cat
flapping, which is where you don't go through the front door, you go around the house and you try
and find like a window that's open or the cat flap that you can break into to get access to
people that you wouldn't normally get access to. And so what we found is the best way like,
we're just two kids from Melbourne, right in Australia, on the other side of the world to
pretty much everyone that's on this space. How are we going to get access to the best 3D
printing experts in the entire world? And the answer to that is, you just need to go really
deep in finding like these people in their personal lives, and figuring out what they're
passionate about and finding a way to get through and access them in that way.
So to give you an example, there's this one technology that we use that's like it's a
subscription service, the most expensive software I've ever bought, almost gave me a heart attack
when he pitched it to me. It's $25,000 a year to get this to use this software. That's what we
use for our cushioning mechanism. And my co founder, he found the CEO on Instagram and found that the
CEO actually started the company because he used to have a passion for designing sneakers.
And now this technology isn't actually really used that often in designing sneakers. It's used
more for like medical parts and like, I don't know, like aerospace 3D printing. And so he
reached out to him via his personal Instagram about the sneaker that he created. And now
they're connected, now they're friends. And so when we run into a roadblock, we're like,
oh, this chemical, like this particular version of the material that we're using,
it comes out too firm. That CEO can be like, hey, I actually naturally as someone that creates
algorithms for 3D printed materials, I know other people in the industry here,
let me introduce you to this person. And so we found that these unconventional ways
to reach highly talented people or very influential people is normally our gateway into
the first person. And then we use that person to go to the next person and the next person,
the next person. And it's really funny, because the type of 3D printing that we use,
it's only us and Dior that are using this 3D printed tech in footwear. And we speak to the
same people they do. And we got there, not because we're Dior, not because we like picked
up the phone, they're like, oh my god, like we have to work with you guys. We got there by
literally just going person to person, cat flap to cat flap and working our way up the tree.
So that they would take us seriously. And now we're on a first name basis with all these
massive companies that we have no business speaking to.
Love that. Scott, you have a question for Alex or anything you want to ask? I don't
want to hog the question. No, but I really like how he doesn't care. You already know
too, the external part. Alex, I love how you're just cooking, bro. I'm doing not only what you
want to do, but what you think is the best. And I feel like a lot of people are so worried about
external. It fucks with your internal. And sorry, I know those ladies up here don't mean to swear.
But like, when you're so worried about this is why I got going off about vanity metrics,
because people get caught up so open that it starts messing with your creativity.
It starts messing with everything like eight is even, you know, like, this is,
for me, it's like creativity. So I like to keep my blinders up most of the time.
And then that makes you create things that you know, you can almost work backwards,
you know, and then I love another thing. I think people and founders should listen to Alex about
his subcontracting, right? Like, why would you know, you pay one person a crazy monthly salary,
you know, when you could just get the best of, of each, you know, subcontracted, you have
the dopest team, you know, without blowing a crazy budget every month. It's like,
it's almost like a brilliant thing. It's like brilliant to me. And I don't see enough
founders doing that. It's almost like, yo, work with me for, you know,
this flat rate for a flat amount of days, but you can get the best people from, from, you know,
whatever you need, like for the wooden shoe, you know, you know, Alex can get the top five,
top 10 guys, and just pay them hourly, you know, on the subcontract, yo, I could pay the best guy
200 bucks an hour, you can do like, you know, five hours of work, you know, every two weeks,
whatever. And now Alex just got the best guy only out the pocket two grand where she was going
to pay some a monthly retainer that high, be like 10 grand, eight grand, who knows could be even be
higher. I don't really know that bit, that part of the business. But yeah, like, I really think it's
like, almost like a sunk cost, sunk cost that web three founders don't even see. A lot of people
think some costs are just like, you know, throwing events, you know, get togethers and stuff like
that. But a lot of money just goes out because you know, you got you're paying a guy or a
girl, so much money, but there's only so much work they can do for the project. So yeah, I hope
people took notes. I think those things really stuck out to me. Let me just say this, you just
made another another great point. I'm just you kind of set me up for the alley you put out even
knowing our bad, for example, right, our basil. It was a lot of amazing events. There was a lot
of it, I went to pretty much all of them. And there was a specific event that had probably top
two, top three, most people out of all web three events attendance, right? We got the proof. So if
you need that, don't worry. And it was not run by a multi member project, it was not run by a founder,
it was not run by any of that. And yeah, it was be basil ran by yours truly. Now, why am I saying
this? I don't I don't give a fuck to get any type of clout or any type of credit for that. I'm
giving a point that fucking events and dope ass shit should be second nature. Number one, that
that should not be the end all be all and that is why there's been fuckery that we got away
with in web three. So when when, you know, and it's really easy for me, super passionate about
what I what I love, right? You know, connecting people, things of that nature.
But it's like a game to me now. And then I say this, really, like, for a reason. When you see
nobody's doing more for not even me, I'm not even shooting on myself as a nobody. I'm trying
to say that just nobody's I'm a nobody. When when you see nobody's doing more for this space and
people that have taken millions and millions and millions of promising promises, just wake up.
That's all just wake up and shift our focus. I'm not trying to shield the shit out of this guy,
Alex here. But perfect example of doing cool shit. Not on front street. Everyone's not on
it. There's just there's cool ass people out there, man. William, go ahead.
I was just kind of curious on like, do you have like your own 3D printers or are you using
somebody else's or like, how are you? Yeah, dude, great question. Also, I want to echo something
that Scott said, because this is for anyone that's a future founder in the audience.
So a massive mistake I made early was I thought just hiring more people, throwing more bodies
at stuff would make it easier. And it costed more and it made it way harder. Like it's such a
it was such a like, rookie rookie error on my part, like it's as you were saying, Scott,
it's like the vanity metric, right? Like, you feel like you have more people in your team,
you can tell people you have a team of 14 or whatever it is. And you feel good, you feel like
you're making progress. And then as a founder and a manager, you have no time for anyone or
anything, you feel pulled in all sorts of different directions. And suddenly, the project is
directionless. And that's, that's a growing pain that I had to learn and go through.
But well, great question. So the answer to that is, I wish we had our own 3D printers,
but the machines actually did this particular type of machine actually costs half a million
dollars per printer. There's only like three or four. Yeah. Yeah. So like, there's only like,
I think there might only be four companies in the world that have the capacity to do
what we're going to need to do at scale, because they're all going to be 3D printed, right?
And so the, in order to be able to do it, we have to work with these other partners.
We're very lucky we have a US manufacturer. And they're amazing. It took us like seven months
of going, we literally like the equivalent of just opening the phone book and starting at the
letter A and walking our way through every 3D printed company literally in the world,
because we're in Australia, we don't care where it's at. Everywhere is far away for us.
So it's all the same. And we went through every company in the world. Thankfully, we got to,
I'm not actually going to say the letter because that might give it away for anyone that wants
to jump into this. We've got their machines booked 24 seven. So they're ours. But yeah,
we we worked our way through all the manufacturers that were available. And we're really, really
lucky that we have a great partner in the US that does it for us in a way that's as cost
effective as we could possibly get, like they do it at cost for us, because they see the
potential in how when we go to scale, it can turn into something awesome for them as well.
Yeah, I was gonna say, they're probably offsetting their costs on what they probably bought the
machine for by outsourcing some of the work to other companies like you and probably other ones
to your product. You're probably the only one is doing what you're doing over one of the few.
Whereas like they're probably outsourcing too many different. I know a couple companies I used to
live in like LA and stuff like that. And I'm a Vegas but I've worked with some like top 500
fortune 500 companies. And I've seen what it costs on the back end for those machines, man.
Like, yeah, it's insane. It's insane. Like you got to save up in your piggy bank heavily.
And like, I've seen buildings be created on 3d printing. And I don't mean like the building
itself, but like the model building. And it's pretty like you can really wow your customer. But
if you got a big enough job, it's worth it, in my opinion. But those, those metrics make more sense.
Whereas yours, you know, you would have you would have burned so much capital trying to
do that upfront. You know, maybe later on, if you can ladder out and become something big,
then you can really kind of afford that. But for now, it's always better, like your
situation to do what you're doing, I think from a financial standpoint. And I was asking that just
to kind of see, like, you know, where you are with your thoughts and like, whether you're making
smart moves or not. And in addition to that, too, I think that's some pretty cool stuff.
As far as the 3d printing, I'd be interested in seeing how it turns out, I've seen a lot of
cool stuff come out of three 3d printing, a lot of stuff that people think that's not possible
to make in 3d printing be made. And I like, I was at a convention, I think a year or two ago,
and they literally had an entire motorcycle made a 3d printing a motorcycle.
It's funny you say that my co founder, it was just his birthday. And he wants to print 3d
print a bike that he designs. He's like, and I was like, I'll contribute towards the bike as
your birthday present. What's the cost on that? Do you think? No, a bike has got to be a lot. It's
got to be in the thousands. Like there's, there's, there's a real funny thing. It's not just how
much material you use. It's like, if you imagine like a cube, by the way, for anyone that's curious
about what we're talking about, I actually pinned it up above. This is an older version, but it
looks sick. But the, the bike, when you're printing, like if you think of it like a cube,
there's like a volume, like a space that anything can be printed within, the more random your pieces
are, the more expensive they get, because it's the biggest costs aren't just the material,
it's in the labor because they have to, the way it works is they have to like process the,
the printing, they have to take it out. There's a cleaning process, then there's like a smoothing
process. There's all sorts of processes that go into it. And so it really is important how many
pieces you can make per batch of, of like work that goes into it. So if you're printing bike
handles that are really random in their shape, it can drive the cost way up, not even just because of
the materials, but because of the way it's shaped. Whereas it's funny, like our manufacturer keeps
telling us, they're like, you know, if you just made slides, you can make these things like way
cheaper, like way more cost effectively. And we're like, no, no, we're printing full, full shoes,
they got to look like this, they, and that's the way we're going to do it. It's kind of,
we're stuck on that. We're strict with our vision.
And I think that's good to stay towards like, don't be like, oh, well, what's the cheapest way
I can go about this, you know, go, go toward what you're trying to direct yourself towards.
Yeah. And that's exactly it too. I think a lot of people think that you just print out the whole
bike, whereas in reality, you'll probably print out parts and then put them all together.
So on and so forth. And yeah, I think like with 3d printing too, a lot of people don't understand,
like the concept is it prints and they think it's perfect. But in reality, there's burrs,
there's everything else that has to be kind of removed from the product. I don't think we're at
like a super affordability standpoint with 3d printing, I think it's more still on the high
end. But like, I think it's getting there slowly, but surely, you know, through different companies
that are buying these printers and subbing out the work, I think it makes it much more affordable
for other companies to get involved. But in time, in time, every household will have a computer,
right? Like in the 1990s, and so on and so forth. In time, everybody will have a 3d printer in time.
Yeah, well, it's funny you say that, like, there's literally,
there's a certain part of the post processing that is done by hand. And this stuff is so
new, like the type of 3d printing we're using is like came out like a year and a half ago.
And we've literally said to like our manufacturer, we're like, what if we invented a machine that
like shook it in this certain way, that helped these pieces come off, like it's so new,
that I think what we're right at the forefront of the cost, like coming down through actually
improving those processes. And that that's like, so cool to me, I just can't wait. I love that,
like, even where it's at now, it's it still makes sense to do. But I just love that it's kind of
like AI in that it's only going to get cheaper and get better. So like, I'm really looking forward
to that from the from in terms of what we can do in 3d printed wearables. And we're like right
at the bleeding edge, ready to be like the latest in that.
Yeah, I'll just make one more point. And then I'll, I'll pass it along. And those other people
hands. Yeah, the and that's the thing, like, I think we're, we're just so close to that
positioning there that a lot of people just haven't recognized that we're about to transition
into a much more affordable scenario when it comes to 3d printing and so on and so forth.
And you know, the reality is, is like, that's a lot of things, right? AI is getting towards that too.
A lot of people aren't realizing that AI is going to be more affordable.
There's nothing costs like you can buy a terabyte from like Google for 99 cents a month.
So imagine what that's like, when everybody just can buy out their entire, you know,
hundreds of terabytes and just make their own, you know, based on the on the cloud.
And, you know, the people are completely fading the technology that's that we're evolving to,
because in reality, like, this, this is always a fun thing, right? It's like you're so you get
your car phone, then you get cell phones and cell phones will be one person in the house
will have cell phone, nobody else has cell phone, then everybody has cell phone. And then
it like, it's the evolution of things. And people are fading AI saying it's a fad.
But in reality, it's actually development. It's actually development, sending AR, VR,
3D printing is all development. 3D printing has been around for years. It's just now getting
to an affordability standpoint. And same thing with EVs. I mean, you probably know Alex,
like when you saw EVs first, it's like 120, 150, 250k apiece. And now we're getting EVs that
are coming out at 30k. I mean, think about how, how long it took them to get that down to that
cost. Like we're just rapidly moving at a much faster pace. And AR is going to make it that much
faster. 100% and it's better. They're all better now as well. That's the best part cheaper and
better. But I'll pass it back to you guys. It looks like we've got a couple people with
hands up. So I'm excited for this. There goes Alex there. Third co host,
ladies and gentlemen, fucking around. Yeah, Alex, you got a few minutes definitely stick around.
I definitely wanted to add the next question was going to lead me into the next segment anyhow,
which is related specifically to RWAs and Depends. I feel like two or three weeks ago,
or even two months ago, it was still very too light. And now you got more people kind of
activating on it. And you being somebody creating a physical product, especially within
the fashion sneaker realm where that's highly manipulated. What is your take on those? And
have you done any research on them? And if you haven't, don't worry about it at all.
So my take on this is funnily enough, my like true Dark Knight Batman origin story of going all
in on web three was I actually got rugged trying to buy a fake pair trying to buy a real pair of
Yeezys that ended up being fake. So I was like, fucking hell, like imagine if this was you
definitely didn't know me then I'm sorry. Yeah, I know you would have been the plug. You would
have been the plug but rookie mistake being like 20 years old and trying to buy Yeezys off someone
on Instagram. That's that's what you get. But um, that like for me, I just think it's so important
that there are so many elements of collectibles trade. Even I saw pawns was doing some stuff
with a farm in I think it was El Salvador, maybe. I'm really bullish on this as a space,
the one mindset I have, and it's I think it's a little bit unpopular, but I feel like it's
necessary is whatever you're buying, buy it or whatever the RWA represents, the value should
come from the thing itself, not from the fact that it has a digital aspect attached to it. And
I think it's like if you want to buy my shoes, buy them because you like the shoes and like you
actually value the shoes and that's what you're getting into it for, not just because it's got
an NFT attached for it and you to it and you think it's going to cook because someone's
someone else wants to buy an NFT sneaker. I love those aspects of it. But I think this is actually
going to be one of the first onboarding things that we see where the value of a real world
asset funnily enough, actually matches the digital asset and I'm super bullish on it,
especially for things like Pokemon cards and watches.
Well said, sir. Appreciate that. AC, go ahead, fam. And then Sol.
What up, what up, what up, what up, what up, Scott? What up, Alex, man. Fantastic work so far
as a product designer and kind of listen to your story. And I like that profits took this in a RWA,
in a RWA trajectory. I just want to ask you another question to us pertaining to manufacturing,
man, because 3D printing is so expensive. Why did you go that route instead of just using molds
and just cutting cloth like everybody else? That is a really good question. And it's a bit of
rational answer. And it's a bit of an answer of love, which is we because the world shut down
with COVID, we couldn't get we were starting to work with a supplier overseas, doing the traditional
method. And then when that shut down, we were like, damn, we will we still want to see how this
would look in the real world. Let's 3D print it just to see what it looks like. And so we 3D
printed it. And the first time we did, we were just like, number one, in love with seeing our
sneaker in person for the first time, like it was so meaningful. But secondly, it like hit us
immediately, that all the things that we love in web three, we can bring to the physical world
if we 3D print. So we all love one of one's rare limited editions. We love collaborative sneakers
and all these opportunities of what you can build. I actually see something really cool that we could
do in like a Jack Butcher sense where it's like you have the blank, but then we collaborate with
other people and create their version of the brain boot. And so the ability to create
differentiation at such a small scale of units was really what pushed us. So this isn't confirmed
yet. So please no one hold this hold me to this six months from now. But what we're working on
doing is you might notice there's a pattern like a brain or a cloud on the shoe. What we're working
on at the moment is a mechanism so that every single sneaker can have its own unique fingerprint.
So every pair will be unique. And we've never seen anything like that done in the real world
before. So that is like one of the biggest ways that we're bringing web three to web two. And
we're really pumped about that. Great answer, Saul. Yeah, I was gonna say go ahead. He's
actually covered my question in the last bit. You know, I was gonna ask him what he was most
excited about in the design. And he kind of just just a, you know, a big us, bro. I love
the shirt. The design is dope. I would actually sport these, especially because I don't leave my
house. They look super comfortable, bro. I'm just kidding. Yeah, they're made out of the
same stuff, the same foam that like your the soles of your shoes are made out of.
So they feel exactly like a sneaker. Also, great opportunity to just say that, like,
why are we building this? Who are we building this for? How are we building this? This is all
for my brick. This is all for my brick topian. So I've just pinned this up above as well.
This is what we made. You could do a whole two hours on on how we made brick topians and
everything that went into that. But the biggest thing for anyone that has enjoyed like hearing
about how we're building the sneaker, our mindset behind it and all of that, some underrated alpha
that not everyone knows is that we're making it so you can burn our original NFTs to get the
brain boot. And so that's how we use what we're building next, even though some will be sold,
of course, to generate revenue for the business and keep sustaining what we're doing here.
We're making it so that what we're building next actually drives demand to our original
collection. So definitely check that out up above. I promise you've never seen an open
sea page that looks like ours with every NFT moving in its own unique way. So I'm very excited
for some of you guys to check it out. But yeah, so if you had any other questions,
I'm also happy to answer man, but appreciate having you on stage.
Yeah, no, just like I said, want to throw a couple flowers and just want to know basically
what you were pumped about as far as design because the design looks dope. And I mean,
it's like, it's rare in this space where we see people delivering regularly, big ups to
you for like not quitting in 2021, because you were shining then and still shining now, bro.
So just keep it up. We need more like me and Scott and will promise we're always up here
talking about the fact that we need more people actually putting deliverables together,
even if it takes longer than people assert it will, like the fact that you're like showing
and proving that, you know, that speaks volumes to me. So I can't wait to support.
Thank you, man. That means a lot. I tell you what, it's definitely been longer than we would
have liked it to have been, but we show up, we show the progress and we're grinding
in public every single day. So I appreciate you saying that man. It means a lot to me.
Man, where's the time just going? Just slipping away. Live on kick,
profits over wages. Go peep that. But yo, Smokey, super nice to have you here. This guy's a legend.
And he's on this stage. And he can be anywhere else. But he's on this stage. What's up, Smokey?
What's going on? Thanks, prophets. What's up, Scott? What's up, Will?
Yeah, great to be up here. I always love the conversations. You guys are having,
you know, meaningful conversations about important things that are happening in the space.
It's pretty cool to see, you know, like D-Pin and like RWA really start to kick off. I mean,
D-Pin really kind of recently, but it's like, you know, all these builders have been building for a
long time. Right? But it's just like, you know, now there's a little more attention, you know,
going on with speculation and the price going up, right? So people are kind of paying attention
to real world use cases, right? Like, you know, I heard the other day, one of my co-workers said,
we're a technology searching for a use case. I love that. I was like, oh, man, that's so true.
You know, but like D-Pin is like something where it's like, man, like this could really
like revolutionize, you know, actually like using blockchain technology to, you know, improve,
you know, some infrastructure level technology. So yeah, I mean, I had a space, I literally like
am not well versed in D-Pin at all. I'm like, most people were like, maybe just hearing about it
recently. But the great thing is, I work at Polygon, you know, so I'm just like, huh, okay,
let's have a space on D-Pin. And I just like reach out to some like marketing people and
some BD people and they get all like the D-Pin builders on Polygon, and we just like organize a
giant D-Pin space. And then I learned a whole bunch about it, right? But I mean, yeah, it's,
it's pretty cool to see and it was out at, at, at Basel, Art Basel, I was able to speak to some
people about RWAs, you know, I think right around that time, you know, Courtyard was kind of
kicking off with the Pokemon cards, I got to meet with some of the colony guys, which are really
cool. And yeah, it's just, you know, I was meeting with some people that that were, you know, pretty
big into collectibles. And just talking about, you know, like this guy pitching to his buddy
that has like a ton of collectibles, a ton of warehouses, and how easy it was for him to just
be like, look, man, like, this will make your life so much easier just putting this on the blockchain,
right? And it takes a little bit like, you know, kind of shilling this to normies, like the concept.
But like once, once you get past that, and, you know, I was talking about this in the space
earlier, it's like, I think that there's, you know, obviously, you know, some, some,
some negativity towards, you know, crypto on the blockchain. But when you abstract all
that away, and you're just like, hey, like, you know, this provides this solution to a problem
that you're having, and it's with a new technology, right? You kind of just extract that away. Because
like, yeah, sure, crypto people like us, we're like, oh, yeah, that's sick, like using the,
using the blockchain, like pump my bags, like, let's go, dude, you know, but most people,
like 99% of people are like, dude, crypto, like, no, I don't want to do that. So it's like,
if you just kind of frame it in another way, it makes it much more digestible.
I love how you were being honest about that. And should have said, oh, go ahead, Scott, I'm sorry.
Oh, no, man, just smoky before you got here, dude, I was just talking to big flowers, man, like,
that space just like even profits is like, damn, Scott's in a good ass mood. And I said,
I'm not gonna lie, it's because polygon and smoky had like the dopest deep in space, like,
there's 300 people in there. I didn't even know 300 people were even interested in,
in machine RWAs and, and, and deep in so yeah, like, just like my brain was very full this
morning. It was just like a great like, break from all the arguing about like crypto undeads
and all this, you know, that kind of stuff on the timeline. Not that there's a lot of space for that
either. Because you know, Jerry Springer is did how many years, you know, there's like,
there's a place for every single thing. But yeah, like, I was just like in all in smoky space today,
like all the projects that he had brought up like, like, everything you'll be able to get rewarded
for from your car, your car information, right? Like not not like the decentralized Uber,
like smoky had demo up there, which they have a device that you plug in your car. So instead of
like, when I go to Toyota to get your oil, my oil done, they just take the data. Like,
I didn't know that like, I didn't know like, like, that data is super precious and worth millions
and millions of dollars. And we just give it away for free. You know what I mean? And now
I could plug something in my car, and not only make my car better, but you know, I got kids make
future cars better. And then I'm getting rewarded for that like what and it has to do with blockchain
and web3 like, like, so you don't even got to explain it, you can even explain like an Uber,
like Uber is a centralized D pin like like, if you zoomed out, right, but think about like what
teleports doing, where you're going to get majority of the money, right? Not not just
Uber, here's a fat ass fee, you know, from from my driving, just because you put the play together,
and, and search that driver to me like, no, bro, you know, you should get a fat ass cut for that,
like, and then all the smoky had a bunch of telecommunication companies up. So like,
just kind of doing like helium kind of style things where like, yo, like you can put an e sim
on the phone you use right now, like helium or any of the projects that smoky brought up,
and you're literally mapping what Google and Apple steal from us every second, no matter what we do,
where we walk around, I don't get no piece of that data ever. So I mean, whether it's driving,
whether it's mapping, whether it's wing bits with the airplane antenna, like Raytheon paid $200
million for that airplane day. Like, can I bro, I want some. So check this out. This is how I
made an analogy of this to people the other day. I said, when you get your money from depend objects,
it's, it's money that you deserve. Because right now they're using us for R&D, because seven people
make something for 80 million people, right? But if you look at the things that we crowdsource
and make, like in the crypto space, like Bitcoin, go ahead and break it. Oh, you can't,
because we made that from your failures, the major group of us, like we all attack it individually
over and over and over again, like, you know, like ants in a colony, right? There's very few things,
like this is more of a natural order, right? The pack builds for the many, it's a more natural
order and a more organic construct. So by the time you have it, it's been worked all the way out.
Well, I think I think people are actually sleeping on like the, I guess the directionality
of a lot of it. Because like, this is just starting with like trading cards and things like
that. And it'll slowly move into like parts on cars. And, and really, I think like the part that
people are really missing is that this, this will help fuel and reinvent the gig economy,
right? The economy that nobody pays attention to the economy that basically floated us through what
could have been a recession, you know, that ended didn't end up being a recession, because the gig
economy helped keep us afloat. When people were losing jobs, and looking for places to go, they
weren't going to file unemployment, or with their filing unemployment, because they were getting
jobs elsewhere, or they were at least able to stay, stay afloat until they could get a job
elsewhere. And so nobody filed. This is why I always tell people like if you're going to
talk about macro, talk about, you know, initial claims, because if you're not getting claims,
you're not getting people that are actually losing jobs, they're just rotating jobs.
And the gig economy is really kind of that that outlier, you know, it basically, you know,
ultimately, you got Lyft, you got, you got these other ones that are basically, you know,
killing the taxi industry, you got Netflix that killed the movie industry, and really, in
reality, you're going to see that slowly start to move on blockchain, you know, maybe into something
more like shared tips, or whatever, and then ride share, and so on and so forth. And yeah,
I think like people are not seeing the evolution of, of all of this and where it goes, they're
just they're so short sighted with investments, so short sighted with, you know, evolution,
technology, everything like, again, we're meeting Scott, we're 80s babies, we saw the evolution
of time, we saw the evolution of technology, like it was a crazy change from, you know,
2000 to 2021. Like just a massive just blast. It really smokes the middleman culture, though,
like the people that gatekeep the gatekeep the services and the knowledge like the underlying
things that monetize society like you figure most these middlemen and distributors that they're only
there, because the company that does it doesn't want you to know how to do it, because then
we make things more efficient, right? Banks don't want us to have control of currencies like Bitcoin,
why? Because we would Bitcoin, and then you wouldn't need them anymore. And the amount of
money fleeced from people, I mean, you see it in many different types of constructs, you see like
all of a sudden, when we're all doing, you're like, man, this, this shit is, I have to pay
how much money and all these different types of fee to 20% fee to transfer money overseas,
when I can just hit a lick on Bitcoin, wait 10 minutes, and it's some dollars, like it's always
this, it's, you know, it's crazy. And guess who's buying the data, we I learned this on the polygon
space with Smokey today, like I heard rumblings from from companies, I can't speak on spaces,
but I was glad on Smokey stage, dude, the companies are buying the telecommute, like the cell phone
companies are buying the 5g fucking data, bro, because they can't put up a fucking poll.
Well, and the crazy thing about that is crazy part is it's not like some like random people
buying this data, bro. It's literally the fucking brand that can't fucking scale fast enough,
especially like in telecommunications, which I learned today, and also aeronautics don't want
to say the names, but yeah, I was fucking in shock, bro. I was like, wait, wait, everybody get off of
you. I thought that was your competitor. No, they need the data. We have meshnet services,
it will be a permission market, right? Because they definitely can't scale with that, right?
And so someone's gonna have to put some regulation in because the only reason that Comcast is still
a company with the worst customer service rating in the whole United States is because
it's an oligarchy, right? We in America is not a democracy or a capitalist society. It's a
fascist oligarchy. We always have a different monster to tackle. Right. Exactly. Exactly.
That's I mean, so RDC is there any way and this is for the stage. Is there any way because
someone asked, asked this, not on the space, but a few weeks ago, do you see any situation
where like concave since you brought up Comcast RDC, we'll just keep it with Comcast, where
they're like, well, fuck, we're about to like our middleman money is about to go out the door.
Do we start fucking rewarding somehow? And I don't like, like, this is my thoughts on it,
because like a lot of people don't pay attention to this on a global scale. If you look at the average
per year, 75 countries turn off the internet for their citizens during times of war and strife
and things like that. Nations turn off the internet to the people in their country. If
you started looking up how many countries that is, it would blow your mind because we only heard about
it in like Hong Kong, and then they came up with a Bluetooth mesh net that circumvented that.
And so really, that's the means of governing people is governing their communications construct. And
like, you know, the ability to listen and all that. I mean, we saw that with the Snowden,
the whole Snowden deal, I think their catch up is not going to be in whether or not they're
going to have to find a way to try to do that. But I think as a as a as a group, we need to
help people understand that they it's not necessarily monetizing your data, but the value proposition
is in your ability to choose between chicken salad and chicken shit. And the chicken shit
is what we've been given. Anyone who's been to South Korea knows that our internet in the states
is trash. And there's is like 40 bucks a month. I mean, it was 40 bucks a month for like
gigabit internet 10 years ago, damn near from my helium is five dollars with all the invite code.
Yeah, that's what I'm saying. Like the things that we have to learn from are not necessarily
that we're getting paid, but that we construct the framework to replace these things in society
that are broken with our deep end constructs. And so along the way, it's listening to these spaces
like this and then finding these people that are like, oh, man, well, well, I used to run a
telecom company and I think it's kind of trash and you could do this, this and this better.
It's like, oh, bet. OK, so let's bring him into the fold. And then there's a guy that's like,
man, I was a comms lawyer and like you have to start folding these people in and creating
the personnel networks to match these deep in networks, right? Like the people
is the actual framework that holds the thing up because if we abstain, then that bitch comes
to the whole. I mean, that's Mario Sadio from the 60s. If we're all going to talk about being old
because I'm old, what did he say? You know, is that the march at UCLA when when the when
the operation of the machine becomes so odious, it makes you sick at heart that you can't even
passively take part. What do you do? You throw your hands upon the gears and the machines
and the levers. You you make those motherfuckers know who we are and what we can do. We turn it off.
I already see real quick, man, we got a special guest in this motherfucker that is pulled up.
I know you busy as hell. Hey, and this is crazy. This was the first RWA me and profits
will ever covered and motherfuckers try to clown us. It was tokenizing uranium.
Cody, I know you have a busy. I would love to hear what you think about all this stuff, man.
It's interesting. And so RDC's point, like no matter what age you are, there's like an
interesting point I really want to make with this is no matter if it's commodities or an NFT
or just some random defi project, all age ranges are now being targeted into the crypto space.
And I don't think many people realize that. So with this going on, I think the future of RWA
is D pin, D5 and the whole crypto market. We won't even realize we're actually using crypto
soon because the way it's being marketed, the ETF and everything else, we're getting to a point
where it's just plug and play. And now it's just a part of your portfolio, no matter if it's D pin
or just a D5 project. So that's super interesting. And yeah, I'm doing tokenized uranium. So
another commodity that people are used to. And no matter what generation you are,
either perks your ear or you're already invested. So yeah, things are going to get wild over the
next couple of years. Appreciate you, Cody. I thought you were bought. Thank you, Scott,
for making sure that you let me know what that was.
Hey, that's who be on the uranium account book. That's his like private, like, yeah.
Appreciate you tuning in. Luna, you've been getting rubbed. Go ahead.
Now, I don't even remember what I was going to say, so I'll just try to make something up
that's relevant. This is probably about Alex and the Brain Group, maybe, which honestly looks
really, really cool. And thanks for having me up. Long time-ish listener, first time
speaker. So hopefully I don't make myself look too bad up here. But yeah, no, like,
that's really cool with the Brain Group. I just wanted to say like, one, that's awesome,
I'll probably get it. And then I think like, there's another comment, because I think
when I was maybe when I think it was me who was probably bugging Blamey-Lan anyways, about
I think Scott, we were talking about like decentralized Uber and gig economy stuff and
like how the progression of things were happening, because I'm also older. I'll just say I'm older
and web3. So like, I remember when I had to get off the phone, when I had to get off the internet
for people to use the phone. Good, good times in my life. It's like, what? Dad, I'm in the
middle of the game of Starcraft. Sorry, I gotta get off. Sorry, I gotta get off. I need to
make phone calls. And like, just seeing how we are, where we are today is kind of cool.
Um, yeah, I think like gig economy, if you, I'm sorry if I'm going a couple steps back,
I'll just blame you on one more time. I think like, uh, the decentralized, like decentralized
Gigicon would be actually kind of cool, because I know there are still so many restaurants who just
legit went out of business, um, around me during, you know, 2020, 2021, because the only way they
could actually like do any kind of business, was through Uber Eats, Grubhub, DoorDash, and those
places took like a legit huge cut of, you know, revenue, um, for, you know, order, uh, incoming
order. And like even increasing the prices were not really getting the job done revenue wise. So
there's a way that you could actually put some of that, you know, use that buzzword that always
comes up, decentralized it, and find a way to make it more efficient, make it, you know, make sense
for businesses that, you know, you're not going broke to try and stay in business. I think,
would that be super dope? And I think the other thing they're talking about like real world assets
or, you know, RWAs, there's also like, kind of like, at least as far as I understand it,
there's some projects out there who are doing kind of like the flip side, where they're doing
physical back tokens. So it's like, you buy, you buy a hoodie, you buy, you know, a jacket,
you buy a figurine, you can scan it through NFC, and then registers like, Hey, I own it, or I'm
holding, you know, the physical version in this wallet. And you just say you like flip it on
stock X, well, bad example, or eBay or whatever. And then you put that, that new person gets it,
they can scan the, they can scan the NFC tag, and it shows up in your wallet. So hey, you know,
proof of like another interesting way of proof of ownership. So as it, like that mini like rug
session kind of messed up my vibe. So hopefully I did an okay job. Thanks for having me up.
Please don't kill my vibe. No, you're a legend, man. Thank you. Appreciate you being here.
Hefner, you're going to wait your ass right there. Hefner, Martek, go ahead.
Yo, yo, profit, Scott Wills worth popping. Oh, no, hold on, Martek. We got to take you
off the stage. I heard some weird news about you, fam. We're going to have to go back to you. I
just realized who you are. Too many DMs. You're going to have to clear that shit up. Yeah,
I'm telling you, no grift 2024 not going down on this fucking stage. I don't give a fuck how
much salami washing you guys are doing on this motherfucking stage is not going down.
Absolutely not going down. Hefner. Go ahead, Hefner.
What's up? I'm getting in my car right now. So if it jumps over, pardon me.
I had a couple questions here for Alex, actually. Can you guys hear me, by the way?
Yeah, we got you, man. Yes, sir. All right. So you have to pick up in the car. It'll clip over.
So I wanted to know about the origin of characters. Like where did you come up with them? What was it?
Concepts. Did you go through? Let me let me ask you to go again. I think you picked up
in my car. Sorry about that, everybody. So the origin of characters I wanted to.
No, no, no, I think I got it. And then what were the other concepts that you went through?
Like before you got to the last last thing that you decide the final.
And then what's been happening since the project launched in 2021?
Thanks for having me up. Thanks.
That's a great question. I know we got a big show with 20 minutes left,
so I've got to try and do this as a speed run, because it's actually a long story.
So we started developing the collection in around July 2021. And we didn't launch until November.
And there's a reason for that, which is when we started developing our first set of NFTs,
at that point in time, the meta was everyone was creating punks or like ape derivatives. That's
what the entire open sea was. And so I bought this collection that I loved called Fusion Apes,
which was like an AI reinterpretation of board apes. And I really love this collection. And I
was like, okay, if this is what a high effort derivative looks like, what's our version of that?
And so we started going down the road of creating a collection called
Brick Dough Punks, which was like literally like the flat punks reinterpreted with like little
Lego bricks. And everyone loved it. So we'd grown a discord to about I think it was 80,000 people.
This would have been somewhere around September. And as we started to get into that project,
we had all the momentum behind us, all the wind in our sails, but we were like, hold on,
these NFTs that I bought, they're all dying. And they look like they're never going to come back.
This is not a collection we want to put out into the world. So we went into the discord around five
days out from launching Brick Dough Punks. And we said, hey, guys, we can do so much better than this.
We're going to delete the collection and we're going to start again. And if doing something
punk related is considered low effort, what is the highest possible effort thing that we can create?
And so the answer to that question was not only are we going to make them all 3D characters,
we're actually going to make them 4D, which is what we call every NFT moving in its own unique
way. There's no layering, there's no like, oh, let's splice some like 2D hats together and
see how it all goes down. If you look at every one of our NFTs, the light from one brick reflects
onto the other one onto the other one. And so we were just basically asking ourselves like,
what is the most technologically preposterous collection that we can build? And we built it.
And so I put that's where I had to kind of move all my chips to the center of the table.
I sold every ounce of ETH that I'd had all the way back from 2017 to pay for the infrastructure
and the studio time and all this stuff to actually be able to pull off the collection and create the
characters. And now we stand on that decision today proudly as Bricktopians, a collection that
continues to deliver and grow long into the future. And that's obviously what we're doing
with the major event in the Brain Boot. But since then, we've done some awesome stuff with
deflation is at the core of what we do. We don't we try to not add like secondary PFPs and
all this stuff that really dilutes what we do. Instead, we did the exact opposite,
which is we created a mechanism where you could burn one NFT to upgrade another.
And people love that so much. We've had 1700 Bricktopians burnt. And we're bringing more of
those elements into what we do next, which is what inspired what we've done with the Brain Boot and
allowing people to burn the NFTs to get the sneakers. So it's been a long journey. We've done
things as profits were saying earlier, but we really wanted to create something for the
future and do it the right way. But that, of course, has made it a grind. And now we get to
look at the thing for anyone that missed it pinned above, where you're looking at up there is not a
set of one of ones. It's not our trailer. It's not anything like a promotional piece of material
we made. These are our actual NFTs. This is what they look like. And we're just yeah,
we're super proud of that.
He stumped your ass, huh, Hefner?
Well, I'm driving, I'm listening to I'm just listening. I greatly appreciate it. You know,
I figured you guys will step it up and and jump in there while I'm doing my thing. But I just
want to really want to step it up is crazy. You have no I'm gonna give you ass a nuggy when I see
you throwing emojis while driving. You mother, you motherfucker. You appreciate the the response
and I look forward to checking out your project more for real. Thank you.
Thank you, man. And thank you for the chance to share our proper story. It's actually my
favorite story to tell, because it really defines us as a collection.
What a fucking banger question that was. Before we get into the next segment,
which let's be real, OpenSea is fighting the air magic Eden has done the thing.
And it's officially launching a fucking coin and go figure they're going to call it NFT.
Very, very creative. If you ask me, we'll get into that in like few minutes here. See it,
go ahead and then solve. Yo, thanks for having me up. So I came up because Luna brought something up
very important, which is decentralized gig economies, which is actually one of the best
like market fit scenarios for decentralized, like autonomous economies and deepens and so on.
But my question is, and I haven't found an answer to this and Luna can answer in this
just for the overall stage. How do you manage liability when it comes to a decentralized
company like that? And how do you and who's in charge of falling in line with regulation?
Because, you know, the whole point is we're cutting out the middleman, aka Uber or Airbnb.
Oh, they are. Oh, he cut out.
You said, how do you manage like gig economy on on like blockchain essentially?
Can I can I jump in here? Because this is exactly what I want. I mean,
I got a call and I had to pick it up because it was important. But yeah,
come on, bro. You're being a relax.
Oh, the question was, yes, the real deal. But the question is, how do you manage liability
in a decentralized company, in a decentralized economy? And things like with deep into like
instead of going to the energy company or to Uber or to Airbnb, who is liable for accidents,
for errors? You mean if something goes wrong or not? And besides liability,
who's in charge of falling in line with regulation and laws?
I would assume like, and there's already, I would say, in a sense, these already are being
created currently. And that's like online, we'll say, blockchain, what's called insurances.
So there's already insurances out there for lots of different things.
Um, I would say you'd probably utilize something like that. And that would be kind of your
differentiator in a liability situation. And then if there wasn't liability involved,
and obviously, you wouldn't have to go that route. But I would say I'd probably
involve around that and probably somehow end up in civil court and so on and so forth.
So these are smart contracts with like liability payouts like coded into them.
Um, I mean, it should have something kind of like based like you sign an agreement of
and then, you know, X happens, X activate, activate, I mean, it's very much like,
think of everything as like a transaction, right? And in a sense, like if, if it let's say,
it's a decentralized coin that gives you access to like Airbnbs or whatever, for you to use that
chain, you need to agree to blah, blah, blah, right? You're agreeing to liabilities if
liabilities can be proven. And then you need to prove in just just like if you were to rent a house
nowadays, right, you would have to if you were to rent a house, they would require house insurance,
you would have to you would have to carry house insurance. Why? Because of the house
burns down or anything, who are they going to make liable for that? They don't know that
their tenant can actually pay that back. So they require that you have insurance that they can go after.
So in the scenario of anything in the world, I would always say it would always come back to
insurance. And insurance is the biggest scam in the world. But at the end of the day,
they'll pay the bills if shit goes down. Hey, yo, hey, so I want to come at this at a
completely different. I don't know if that solves it. So you want to go and I'm gonna
alley up off you. Yes, please. And I'll set you up. Perfect. What? So the good my thing is like when
I got into Ethereum in 2017, one of the reasons I got so bullish on it was because of the idea of
like workers dowels, right? And the idea of automated companies without the big C suite
that controls everything from the sky. If you could legitimately turn the C suite to a set
of smart contracts, you've already won, right? Now the C suite doesn't want to hear this,
but they can position themselves properly. Now with D pins, right? And I think Scott's done a
lot of research on this and can maybe tip his hat to this idea is that D pins are going to organize
with dowels, like they're essentially like dowels for for electronics, right? Think about it like
that. So like these are all going to run on organized rule sets and motivations. I think
the the solvable problem in the whole, the whole gig economy idea we're talking about is,
is insurance because liquid pools, which these things run off, which a lot of a,
you know, our systems run off of that. I mean, insurance is made for that. Like, it's perfect.
It's it already aligns. It's just kind of getting over the regulatory hoops of the man in the sky
wanting to get paid on every single fucking transaction, right? So that's really like the
hurdle we're up against. It's like getting getting Uber to not like rally against it while it's
growing, right? So like, I think these things really have to grow organically. I like to think
of those types of things like will be best localized, right? But where you can add the
most value with a decentralized system is like, okay, you can tap into this hub locally. And then
those fees go back to the restaurants, right? And so there has to be some sort of like, and
Vitalik spoke to this a lot about keeping things decentralized, because there has to be some sort
of public goods and services being offered without the cost benefit to the C-suite or to the quote
unquote owners of the protocol, right? And like, and that's where I think we're at a loss is
everybody wants to make unicorn businesses that they can they can raise money off of
going into round C and then thinking about being public. But like, the idea of a decentralized
public company, I think is maybe five steps away, realistically, because because like these things
are naturally public, once they they're living and breathing. So, you know, it's kind of like this
weird thing where like, we're trying to have our cake and eat it too. And like, we need to pick one
or the other and both can exist like there can be like a vending machine for Uber drivers that
aren't Uber drivers, they, you know, they tap in on their phone, dap up and connect their Ethereum
wallet and I can pick up a ride because I'm integrated in that app. Now, how do we get
the people motivated and get paid and doused through, you know, workers, regulations and stuff like that.
But yeah, Scott, I'm really interested to hear what you got about this in regards to like,
like, coupling like the workers down and the DPM structure.
Yeah, and it goes back to like, my whole thesis, like, she can never be fully, fully decentralized.
Yeah, I mean, I know that's not like something that motherfuckers like to hear.
But with you, we got pedals, we got like, I'll talk about the shit we don't want to talk about.
And that kind of shit, you're always going to, for me as a parent, I'm always going to want
some blocker, you know, I mean, some kind of some kind of fight the fight the foe kind of thing.
But it's the companies that are like built by us, right, that that are going to understand
this shit. Like, so it's like, yo, like, I want to be the builder who gives Uber drivers 95%
of the fee, you know, not you know, or like peak, right, you guys know, I'm really bullish on peak.
So that's an L one just for the pin. And like, you got to think the devices are going to be most
of the devices that are going to be for multi projects is made by Bosch, right. So Bosch,
on a device standpoint, is going to have some kind of, you know, responsibility on the device. And
like what Saul said, you can break it down in buckets. And then for the blockchain, you know,
the blockchain is decentralized, but it could be polygon, it could be, you know, IoTeX,
it could be peak. So you know, you got another lane of responsibility on that side. And then
you also got the company itself, which is like I said, to preface, it's like someone built by Saul,
right. So like, like, it's gonna have bucks gonna stop in multiple places, in my opinion.
And unfortunately, for like the decentralized maxis, like, I know that's not what you guys
want to hear. But there has to be certain like, especially when like, this is why I'm so bullish
on chain link CCIP, is because you know, how you can move stuff on and off very safe,
safely. But you still need something like chain link a company to be running that right? Like,
you just don't want to have this whoever or some I don't know, for me, I just don't want anybody
running. I want somebody that a lot of these huge companies also put their trust in doing their
their CCIP. So I feel like yeah, decentralized maxis, I know you don't want to hear that.
And should we even call it fully decentralized? No, I think they'll just be some decentralized
aspects to it, like what Saul said, but like, they'll always be like a company who owns the
DAPT, right, that's running, you know, quote unquote, decentralized ride sharing on a particular
blockchain. So I think there's a lot of, a lot of stops and backstops already up. And then like
what Will said, there's going to be insurance, like there'll be there'll be added buckets to
this too. But I think with a lot of these things like the, the chain link CCIP peak having an L1
where you have to go through like rigorous processes, or like polygon, where you have to talk to big
Reese and big Smokey before you even go over there, I think there's like, you know, there's a lot of
things in place to get, you know, put people respond, make people responsible for what they're
doing. And like I said, unfortunately, decentralized fully, I don't think so.
You know, as to that point, one of the things I want to add to what Scott was saying, when it
comes to, you know, RWAs and D pins and sensors and EOT and IoT, a lot of people have to remember,
like, there's been decades of ensuring a lot of these products work, right. So you're pretty much
built building on a structure that already has existed. The only thing that we're changing right
now is obviously, I understand and how we're putting that data obviously on chain now,
which is already built into these devices. Because when you think about especially, you know, somebody
is going to drive to earn, somebody is going to walk to earn. And if in any way, shape or form,
we think about everything that's tied to that, there's a monitoring system. So if we think about
insurance, and even when what, which insurance company started when you drive safe driver or
whatever, you have to think about the fact that there's always sensors and ways to build sensors
to actually evaluate if there's some type of accident, if there's some type of incident that
does occur, you know, we can already test for that, because we have been tested for that.
So it's not like we're completely lost in outer space, because hey, we're just adding a new layer
to things that already exist and have existed and have worked constantly and have worked
precisely consistently over the years. Hey, Ken, you know, it's crazy is a lot of like,
I didn't know this, I was talking about this with profits as well, is man, and I actually
learned it with some of the projects that Smokey had up, like some of these projects were
cooking before it was even called D pin, right, like candy, you bro, like a lot of an alpha,
alpha sign working in IoT and devices too. So like, like what you said, Candy, a lot of people like
already worked in this industry for like a decade, like, and are very familiar with,
with all that kind of stuff. And especially on the device side, right, like some of these devices
have been around forever, because I think people look at D pin devices, it's like, you know,
the thing that metrics has or high mapper, when yo, like, it could be your the damn lock on your
door. Now, you know, your smart lock, or the damn Alexa, or my dad, me and province by these
Amazon TVs on Black Friday, like these, like all things that IoT can can connect to, and it's
gonna be cool that you know, in the future, it'll be like candy, you're so bullish on EOT,
all these things will, you know, we'll be able to talk to smart contracts and actually like trigger
things and not just like send stuff back and forth. So super bullish on when these things
start doing that, like I always say the Walmart truck with the meat sensor.
I mean, it slides into like, the first thing I ever talked about on profit space and like 2021,
the first time I was ever on a space was literally about leveraging blockchain interactions
to curtail where we get things from, right? Like just having a local me coin, that's local
businesses only that whenever like, say they have extra hamburger meat, right, and they're gonna
run out in X amount of days, then they buy a bunch of the coin, and then send it out to everybody
locally and give them a survey like what's your favorite type of hamburger pizza, whoever wins
gets a discount on it, right? Like this is literally some, some shit I wrote up for
a different company in 2020 or something like that, but I get it. And then what happens when
they come in, they can spend the coin, or they can spend real dollars. So now your marketing
doesn't go to any agency, it goes to the people that are the vehicle as well, right? And so then
they bring it back to you. And so now you sell it, you zero, zero out your marketing budget,
like all these things can be done. And they're not, they're not super hard, but I mean,
it just circles back to it's us, we, we have to solve the problem to compete with the machine.
Machine or RDC said he's a machine after some whiskey and some dinner. So true. Go ahead.
Oh, is it me? Yeah, Sam. Oh, yeah, no, I was just gonna, I think like my answer kind of
got what I was gonna say kind of got front ran, but I'll just say it again. Um, just because I
think like Zite mentioned, like, you know, mentioned my name, and all the points about like,
the whole like decentralization, and how it relates to possibly things like, you know,
gig economy jobs is, like, great. I was just, I think the additional thing I would add is like,
there'll be spectrums for all of it, right? There'll be spec, there could be like, on one,
on one hand, you could have like, more decentralized versus less decentralized, right?
Where you have, kind of like what Scott mentioned, like, just like a company out there, that's
just there to do management stuff, like, you know, that, you know, like, if it's decentralized,
Uber, that people make sure they're not scumbags, make sure they got cars, make sure they got
insurance, and stuff like that. Or there could be super decentralized, or like, you know,
the same thing as just like, hey, I want to buy your NFT, I'll buy it for 5e, all right,
I sent the 5e through as my, where's my JPEG, and then maybe a JPEG will show up, maybe one
won't show up, you know, I mean, that's like perfect decentralized, you know,
there's like, no one's managing it, and that's a problem, and that could be a problem.
Well, you run a third party escrow, which is something you can kind of do already, right?
I only talk about that, because I did a, I put a brokerage model together for a blockchain
that covered mass asset transfers and sales, because it would blow your mind that some
companies are like, let me buy 30 million dollars in rupees, and they just throw up the money and like,
pull up without even seeing the shit fruit and everything. I was like, y'all motherfuckers do what?
Oh, it's fine, we're billionaires. What? It's crazy. It's like walking in somebody else's
house with no shoes on. What the fuck? That oddly enough, that doesn't surprise me,
but maybe it's because I'm like, a little older, and I've seen some weird shit out there.
Um, but like, I think with the last thing I'll just say, and I don't want to, you know, like,
waste anyone else's time, uh, is like, with respect to insurance, like, and liability,
yeah, I think like, that just goes back to like, either having, you know, just like,
a company manage it, or, actually, the thing about smart contracts, I think Will said that.
I think that's actually kind of, I think that's actually kind of cool, but I think,
before, you know, like, to get to that point, where like, someone codes, you know, smart,
like, a smart contract, where I'd say, I want to provide services through this,
you know, dapp, you know, I need to prove X amount of liquidity, and I need to sign,
you know, I need to like, grant an approval, whereas like, someone can file whatever,
and it's like, well, you fucked up, all right, well, I granted approval, where'd my money go?
You fucked up, that's where your money went. But I think like, the step before that is,
just like, you know, as lame as it sounds, just like, Uber, but less shitty, you know,
you have to upload documents, unfortunately, you know, some people don't like the idea of KYC,
but if you want some kind of like, trust out there, so like, the person I'm getting,
like, if I'm calling a car from the airport, making sure that person isn't, you know,
some fucking weirdo, and I can get safely from point A to point B, then yeah, like,
you have to prove that you have insurance, so like, you know, shit and shit goes wrong,
or if they, you hit my buddy's car, my buddy isn't, you know, for better,
for lack of a better term, my buddy isn't fucked. But yeah, cool discussion, love it.
Yeah, you know, the tics are good when you can't fully agree or disagree with any of them,
you got to like, pick them apart and just discuss some of them, like some specific parts.
The answer that I came up with a couple years ago was similar to proof of stake,
where the employees are kind of staking the coin and they're earning the coin.
So the same way that they're incentivized to not go against the network and POS networks,
they're not incentivized to commit fraud or, or get into like, or fuck up whatever
business they're doing with you. But I'm going to agree with Scott that
you do need a somewhat central entity to still control all of this, because if you go to a VC
and you ask him for money, hey, let's do an Airbnb competitor, we're going to take all
their business by dispersing the money that Airbnb gets to the buyers and the homeowners,
and they're going to be like, okay, so how do we make money? And they're going to,
you don't have an answer to that. So they're going to kick you out the door.
So you soon need some way to make money as the central, as the middleman, but we also have to
be careful to, you know, take a step forward in that, in that system and not take as much
money as, as you're taking right now. So it's a, it's a sweet, it's a sweet middle spot there.
Yeah, like I was saying, that's the hardest problem in blockchain and solving the RWA issue
is like the real people problem. Everybody wants complete automation. But they, like I said about
the cake and eat it too, like, you kind of got to pick a middle ground. If like, we don't have real
people, like verifying doing QA or like really, really good robots, let's say is like the best
case scenario. But even even that, like, like one of the biggest problems is people want to take
too much out of the middle of the equation, right. This is one of the reasons like we were talking
like we was talking about the gig economy. And what got me fired up on that conversation is the idea
that that like, this took from mom and pop shops, and like took money out of the local economy. So
like, I'm trying to tell developers and I know like, the gods of Ethereum are the same way as like,
is like create smart contracts that work like vending machines, take your toke out of them
at the beginning, right? Just like most tokenomics do, like pay your dev at the beginning, let the
thing run automated and free and provide a service. Now, like if you're a real builder, right, you're
not a business operator, like you can you can you can put a bunch of business operations into the
logic of the contract. And we can we can, like I said, make auxiliary places that can dodge the
C-suite. Now, like, is the C-suite gonna fund these things? Are you gonna get a big bag to
sit on your ass and write all this beautiful code, predicated on that you have a great idea? And no,
but that's not the point. That's not how Ethereum got built, I think at its core, like, like, I don't
know if maybe it's looking can confirm or deny this, but they're not paying Vitalik Buterin anymore
for his work past maybe having a seat on a board or a foundation, right? But like, we don't the
miners don't pay Vitalik for everything he built, right? He doesn't get paid in perpetuity past like
what he got the initial offering. So I think it's important to remember that like, we don't always
got to get more eat than any of us, whether he shares or not. Yeah, but I'm saying like,
he's not getting paid ad infinitum, like people in a C-suite getting bonuses when
fucking Ethereum performs, right? He doesn't need to be that's the whole point. He's made enough
to be paid. But that doesn't detract from the point I'm trying to make, which is that he paid himself
properly at the beginning. And they took his cards off the table and let the thing operate
and gave the thing wheels to operate and whatever foundational aspect they needed to,
whatever business aspect it needed to, without completely having to drive the car, right?
And so I think like a lot of people got to get more comfortable taking their hands off the wheel
in business, especially coming to this age automation. Yeah, I mean, that's that's one
approach. I mean, the other approach is to microtransactions, yada, yada, yada. There's
lots of ways you can approach it. I think business approaches is different, personally.
I'm just talking about like the idea of decentralizing businesses, right? Because
like a lot of like businesses here, we've talked about this before, are centralized,
if you know this song, drop it in the bottom right corner, Nico's old ass knows this song.
I can ride my bike with no handlebars, no handlebars, no handlebars.
Yeah, Nico, I'm from Corona and they go, what?
No handlebars, no handlebars, no handlebars. Look at me, look at me.
He said hands off the wheel. And I just thought of this song.
That's what happened. I thought of this song. 707pm Eastern. We go live every day, five o'clock
on the dot. So I didn't mean to cut you off. I hope you were done with your thought. It's not,
you can finish. Yeah, pretty much like just like let automated businesses be automated and let the
ones that need to be controlled be controlled. I just think there's a hybrid world like people want
it to be one way that's their way that benefits them the most. But I do think like
we live in a world where a lot of things interoperate. We say we live in a democratic
government, but nah, we're in a hybridized government with all kinds of different operations
in it, right? So same goes for like governments on the blockchain or DAOs. Like it's about the
structure you build and design and will people support that? And I think we got to like make
an effort to support more decentralized things that are really decentralized. Not like, oh,
I use blockchain technology. And this decentralized. It's like no motherfucker, you don't even have a
board. Like, you know, like, like an actual C suite is more decentralized than you, because
they at least have a board and got to like, talk about it with groups of people. You know,
so I think there's a big misnomer on like, what decentralized technology is versus like
DAOs actually working to decentralized businesses, right? And so I'm hella weak, bro. Sorry,
I was in the grocery store. I'm using that you don't even got a whiteboard. You ain't got a whiteboard,
bro. Hey, man, hey, shout out to my boy, he taught me what it is, Scott, I already told you earlier,
I was hyped. I am binging this docu series called super pumped. And I recommend everybody watch it
if especially if you're an entrepreneur, it's basically the origin story of the Uber CEO
and when he got funded. And you guys made a lot of analogies that are reminding me of the story. But
anyway, um, Saul, do you believe that there is a small or large amount of Stockholm syndrome in
web three? Sorry, I was sending Scott a picture of my whiteboard, a lot of Stockholm syndrome,
and that's okay. Like people can get over this, right? This is just like, we got to go through
the paces. I think everybody would say, would you say that you had a dose of Stockholm syndrome
at a lower or high level ever in your life in web three? You know, I think it depends on the day,
right? Like, you know, there's spectrums of this shit. I'm fucking with you. So I just want to
believe that there was trying to be trying to be honest, you know, like, I was really ready
for him to run it down to and just peel it out. We're about to learn some shit about some
strangers today, boy, turn it in. Man, I think something that a lot of them overlook in this
whole construct is that these businesses, they need to be, you, we keep saying decentralized,
like it's unsafe. They need to be localized. Like I don't expect people who work at the bank to
know about meat production. And so the systems and the people that facilitate the systems of
meat production need to be meat producers. And that trust that we have in between these things
needs to be by people who are experts in things, because you will find that like Jamie Diamond
runs a financial institution, but Loki didn't know shit about Bitcoin five years ago, but we did.
And it's a great financial instrument. Like the guy that's the CEO of summer jay may not know
everything about every single product line that they do. Right? So that's kind of what we need
to graduate to is, is we need to come together, but segregate intellectually, but not in
direction. Right? So it's like, man, well, you're probably going to need to handle finance and
profits are probably going to need to handle like constructing the marketing microcosm so that we
can all lean on each other's expertise without falling flat from being let go. And like, I
think that's totally the deal. Like shit needs to be decentralized, but it needs to be
decentralized by, by expertise as in, you know, stay in your fucking lane. I hate to say that,
but I mean, real shit. No, it's true. The, it's kind of like the biggest thing about the 2021 ish
vibes for me is like, you guys were bitching and complaining about people that don't know
how to run a business. And now you're giving your money to the same people that don't know
how to run a business like you guys are running in circles. But guys, uh, this is a special
announcement. You got a second special guest, uh, probably arguably one of the biggest bozos
and we have three. But without further ado, Nico, he's in the house.
Ready for Elon to unmute me. Uh, yo, listen, don't, don't come with the handlebars off your hands
or your hands off the handlebars in the story. I'm telling you right now, don't, don't, don't make
the wrong time. Right. You're getting clothesline, but yo, you embarrassed me yesterday. Nobody knows
what the hell you're talking about. Now I got a new fucking, I got a new stalker like, or a new
fan, whatever you want to call them. I had enough with one of them, bro. Well, actually I have a
couple, but now it's you. It's like, like what you did to me yesterday, I don't know what's going
on here. You know, like I got it. I'm not going to front. I'm jealous of your PFPs little vest.
It's mad cute. It's very cute. And it's probably one of the best PFPs you had
since web three inception. So congratulations. Absolutely not. Yeah. This thing looks clean.
Nico, I do like it. It's fire, bro. I'm not going to lie. I got one like that. It's purple
and pink though. It actually looks pretty fly. Hey motherfucker. Why were you laughing down
there? Bad brothers. What the fuck was so funny down there? Oh man. I don't know. It's just,
you know, deja vu is all I'm saying. Like, you know, like all these ideas, like, you know,
I'm what do you call it? I put money in the Uber of web three back in like 2017,
city back then, all the deep end stuff. Well, hold on. Hold on. Let me put the ATS. Oh, but, but,
but anyway, so can you hear Brad? Nah, nah, he's fucking over there.
No, but like, you know, I agree with most of the takes. It's just like, you know,
I don't want no web 2.5 shit. You know what I'm saying? Like this whole,
oh, we got to still have these middleman to things like that. Listen, we're not there yet
being able to have everything on these smart contracts and not having to have the middleman
run some of these things, but going back to a trust based environment, the whole point of this
environment is to be trust less. Right? So, um, you know, I don't think we're there yet.
I'm pretty bullish on some of these deep pin things, but you know, a lot of these things,
like I said, I invested in them in 2017. They failed. Some of them are still around like
side coin and things like that, but I think you're going to do big things. But you know,
in terms of where I'm putting my money and where I'm doing that, I want to put my money in some
of these places, but I just got to see some of these things, you know, a lot, a lot of promises,
a lot of things that I got to see put into production that, you know, it takes years and
years and years where, you know, in the short term, you know, I'm trying to DJ some shit and,
you know, get some 10Xs before then I can move that money into those things. But I'm bullish on
the space as a whole, but decentralized capping ass off right now. Crest network, 50X without
an influencer shield, bro. And that's not a shit coin, bro. Cody's. No, no, no, no, no, no,
no, you can't. Your radium just hit $90, bro. $93. Like, so bro, like I can't stand your radio.
Metal. Yeah. Look it up, bro. You can laugh like the people laugh when I covered it.
Who's laughing now? This is what I'm saying. No, no, no, no, no, no.
17 to what peak network is doing. So you're saying Airbus Bosch, all these companies,
they just trying it out. That's what you're saying. I mean, like, stand on. It's a double edge.
It's a double edged sword. It's just like, hold on. So that means Airbus, let's use one example.
Airbus, fetch AI and Bosch, you know, three, three companies people might have heard of.
They're all collabing. And you think this wasn't thought out and just like,
maybe D pins will work. Can we talk about? I mean, no, no, I think I think D pins will work,
but also that specific question. I'll say yes and no. I mean, some of these companies,
you know, they have so much money. They could go 10, 20 million there to fuck around for
three million for three years. And then they shut it down and wind it down. If it doesn't work,
I mean, what do you call it? Again, I'm not saying that specific ones are going to work.
I'm not saying none of these are going to work. I think a lot of them are going to work. I'm just
saying, you know, and it might not work out. No, again, my only thing is, I don't know how many
years. No, Scott, I'm agreeing with you. My whole thing is just the time frame.
No, no, Scott, Scott, I fully agree with you. My only thing is, I just don't know how many
years it's going to take to play out and which one of these are going to be successful.
That's my issue, especially when they're, you know, kind of behind these black boxes of these
corporations where I'm just like, okay, they're working on it. Is this like a five,
10 year plan? Is this like a two year plan? And sure, we're going to have things pump up in the
meantime and everything like that. But that vision execute, I mean, we saw a lot of things back in,
you know, 2017 through to 2021 that, you know, they did stuff that came out with products,
but it's just like, if you invested in that, were you going to make the play?
So did EOT exist in 2017? Do you hear what this guy is talking about?
By the way, we've all smoked a blunt and hung out with bad brother's ass,
and he could take it. So, you know, this is called constructive conversation.
Everybody relax. Scott's fine. I'm fine. Bad is fine.
No, this is my brother. That's what we do.
Something to keep in mind is like, every mania came in with three types of different people.
Grifters, like any other bubble, people actually building products,
most of them will die out. And then there's like five to 10% that actually make it to the next
bull cycle and are talked about consistently. It's going to be the same thing here with RWAs
and deep in like two to three years time span. So only 10 to 15% will survive if they make it
through the headache of the next two to three years when this market will put them pretty much
through hell. So I want to like, I want to add to like, to all this just for like a different
perspective, right? Because like some of these infrastructure projects that like, especially in
the RWA realm, when you're talking about like Onyx and some of the stuff chain links doing with like
Swift and, you know, and the DTCC and stuff like that, like those are real legitimate projects.
But the thing to be cautious of here, right, especially right now,
in the deep in realm is money is very, very tough to come by and web to. And there are a lot of sharp
web to motherfuckers out there. I'm may or may not know a couple or be one of them or whatever
that might be looking that might be looking at web three as a resource to raise money for their
project because you can't find it in web two right now. Like it's tight, right? And so you got a lot
of people starting to scheme scheme plot plot on coming over here and taking our money and web three
because they know it's easy to come by, right? And motherfuckers can put a real shiny deck
together and talk about how a token applies to their product, right? But like just, you know,
keep your eyes open because not no real fucking token on these motherfuckers can't even spell
no. And you know, I'll give a good example helium where like, I don't know, I heard a few
people and I remember seeing the ads for it, like, or whatever it was back in like 2017 or whatever
people bought these helium miners back then that are now worthless, but it's like helium is doing
well now. They kind of re did what they're doing. And like you could do it on the salon
phone now, right? So it's kind of just like, I actually just got the helium network, uh,
two weeks ago. Uh, it paid itself off up until now, like two or three weeks ago. It worked. Yo,
profits. You know how it was a big thing when you got, and you know what? It's a second phone.
You know how when you were on the train back in the days and like you'd be on the ground and
randomly got a phone call and that would only happen with like that. I mean, it's not,
I feel like this would have been bad, but like that's normal now, I believe, but you,
you get what I'm saying here. Like that's how good the service is. I'm really surprised.
And that's my, my only point is just, I don't know what's going to be the helium
of 2017 right now. Like, you know what I mean? That's something you're going to put your money
in. It might not work out in the next few to three years, but maybe in five years,
then it's going to be like, Oh shit, that worked out. So I'm just saying like, you know,
I'm, I'm skeptical of some of these like, you know, big name things, but I'm not saying they're
not going to work. I think a lot of them are going to work. It's just very hard to pick out
which ones are going to be this. Oh, bad brothers, a hundred, a hundred percent. And that's why
I just brought up, you know, certain ones that have those connections to web to
like what average crypto was talking about as well. Like, uh, he was cooking as well because,
you know, how can you not look at this space and know, uh, you know, especially the first
quarter, right? Like we know how the first quarter is of the money's fresh. Um, but yeah,
like my bets are like, yo, okay. Uh, this company in this company is building over there.
Uh, you know, do, do, do I think like this is a long-term play, just like you were talking about
average crypto, how, uh, all the, all the companies that are using the CCIP. So I've
been kind of, and I'm not standing up here saying, yo, if you're, do you use chain link CCIP,
like you're, you're, you're not going to do nothing fucked up or, you know, I'm not saying
that either, but it's just a good, uh, leader for, for my eyes and following the money, uh,
of what, what bets are probably better to make than how I used to DJ and throw six figures in
a safe mood. So I'll use myself for example, you know what I mean? Like this, this little next
round, uh, you know, I, I rather bet on the airbuses, the fetch AI, the Bosch's that also
have different partnerships, uh, everywhere. Vodafone, you know, teaming up with Microsoft for,
I think they signed a 10 year deal. And then you also see Vodafone cooking and D-pin and,
and RWA. So I'm kind of just like, okay, they're connected there. They're connected there.
And like you said, bad brothers, yeah, some of these might just, you know,
fall on their face. So I'm kind of like not saying the Uber ones won't work, but those are
the ones I like to use those. I should stop using those for an example, actually bad brothers.
So what's a good point though, you're making such a great point. You're making such a great point
though, Scott, because like, you know, while there are going to be like grifters coming in,
trying to tap into our liquidity and shit, like think about all the projects that have come and
gone in crypto just in the last, like just in the last cycle, right, bro? Like we see this
every cycle, a new chain pops up, somebody goes and makes a copy paste decks. They launch that shit.
They pump a token. You never hear of the project again. And this happens over and over and over
and over and over and crypto. And the reason this happens over and over and over and crypto is like
you said, nobody in the, well, I'm not going to say nobody, but the majority of this,
the people in the space don't have any fucking business acumen. They don't know how to monetize
a product. They don't know how to make a product scale. They don't know how to serve customers.
Like they don't know how to do business, right? So we were caught in this cycle. And so what I like
about the point that you're making is like, it is going to take some kind of web to business acumen
to be able to scale our industry, right? Like the people that are here are never going to
scale this industry by themselves. They've just proven already that they're not going to do that.
In fact, we have incentivized them to do the exact opposite. We've incentivized the people
in this industry to continue to build dog shit products. And we continue to tell them with our
dollars that we'll continue to buy them as long as we get a token that pumps in the first 30
minutes. Like, and then we're cool, like just keep building dog shit. We'll keep giving you money.
Everything's good. Like, but you're right. You're so right, bro. Like we need some,
we need some real businesses to be able to scale our industry. Can I please like,
cause I want to throw something into this part too. All right. There's two issues here, right?
Like I speak to Saul, so probably the only person I, not the only one, but there's very few people
at Saul's level. It's just that he's a little too high energetic and a little too crazy when he
talks. But like, I actually have a degree in computer science and I miss you. I miss you too, buddy.
And like, so is like the only one that I can, I'll tell you right now, like that actually knows
what the fuck he's talking about. And Nico, can you say it again? Because I always say
and it gets redundant for me. Nico, can you say it again? It's one of the most slept on motherfuckers
in West. Look, look, look, soul drives me crazy though. He doesn't shut the fuck up.
Like it drives me fucking nuts, but yeah, no, he knows what he's talking about.
Honestly, I honestly, at this time I'm usually like sleeping or something. Like honestly,
I'm not even kidding. Yeah, no, I'm like, I'll tell you, I'll tell you in the DMS,
but anyway, what do you call it? So like, even the devs, like there's a lot of people here that
sit there and call themselves a dev. Like I just told you I have a degree in computer science.
I never told you I was a dev. I still don't talk to people on the dev, right? I'm not a dev.
Like I tell people I'm a fucking cab driver, but when I talk to souls, me and soul, we actually,
he knows I know what I'm talking about most of the time. Like we go back and forth. I can go back
and forth with him, you know? And like, I agree that we do need more business owners,
but the problem is, so crypto with the tokens and all that, it's a little niche. People haven't
figured it out yet. We still kind of need like real builders at the same time. A lot of kids
go more to web two than they do to web three. Not only that, but like granted tech jobs right now
is a problem. People that actually know what they're doing, backend engineers,
there's a shortage on that. Okay. And there's going to be an enormous shortage on that in the
next. I would disagree with you there. And the reason why I would disagree with you there is
for this reason. Tell me, tell me all the devs in the world that have built
fortune 100 companies. I'll tell you the three that have done it. Mark Zuckerberg, Bill Gates.
You know, the other one, Elon Musk, Elon Musk, and that's it. I'm not saying, I'm not saying,
I'm not saying business is bad. Yes. I've owned multiple businesses. Yeah. But businessmen build
successful companies. Like they find it at the same time. I understand. And they build
right. It's an anomaly. It's an anomaly when a developer builds a super successful company
because no, forget about that. Forget about what you're talking about. I agree with you there.
I agree with you on that point. There is a whole point that I'm making here.
We have a shortage of devs that know what the fuck they're doing altogether. Right. Because you
need businessmen in the space to bring qualified devs in and to pay them to be here. Like
that's why there's a shortage. Nico, you're trying to tell me that I just can't copy and paste the
contract, change the ticker, make a square face website and be a crack. Is that what you're
saying? Hey, no, no, no, no, no, no, no, no, no, no, no, no, no, no. And average. All right.
Like I just covered it. Nico, I wish you were here. Uh, I think like a month ago,
saw what you were here when we covered the dev shortage and how they interviewed a thousand
devs and like traditional web two dev, right? They didn't have fucking, they didn't have a fucking
slight clue where to learn solidity, rest, or how to like better themselves from where they're
already at. And that's what was causing the mesh that we're in now. But go ahead.
So I'm trying to, I'm trying to tell shit right now. There was a respected, respected dev,
very well respected dev trying to teach the clock.
And I actually look up to this person. All right. And they were trying to figure out how to explain
the concept of infinity to a few people. And it's like, how the fuck? Yeah, exactly. So exactly.
Like how the fuck are you? And like the way she's doing it, the way they're doing it,
I'm just like, I don't know what the fuck. I don't even, and I, I, yo, I looked up to this person,
you know, but I'm just sitting here and I'm like, this is a whole topic and computational theory
that you have to fuck. Like, yo, this is the problem. Like people, when you don't understand
certain content, you don't know how far you can go. You don't know what you can and you cannot build.
All right. And it's like, if you don't understand this part and you're sitting in the building,
like you're saying you're building and you don't understand this part, but I don't think you
should be building, especially the entire fucking protocols or whatever the fuck, you know.
Thank you. Like, like, so look, we got to like, as builders in the space, differentiate between
products we're building to go to market, meaning like marketing products,
like NFT suites that people need fucking air, like all these different things that
people use to go to market versus like, yeah, that's me. Yeah.
I can hear something. I don't think everybody, I can take a lap. I'm gonna take a lap. I'll
grab that. I was able to hear soul too though. But you know, but what he was saying was like
people shouldn't, if people don't, basically kind of what I think he was saying was like,
if people shouldn't, don't know how to develop, then they shouldn't be
like talking about how to build things. And I actually disagree with that. And the reason
why I disagree with that is because of Steve Jobs. Like Steve Jobs wasn't the dev. Steve
Wozniak was the dev, right? And in fact, we got better products because someone was able to
have an imagination beyond what was possible that day, right? And you had someone that was
too stupid to know better from a developer perspective to try to push the limits of
what hadn't been done before, right? So like, when we think about it from just an engineering
perspective, we're often, we're going to be often limited to what is like capable in that day or
in that moment. So we need people that are crazy enough to try things that haven't been
tried before and to try to push the bounds of what we know. Well, here's the thing about development
where it's just like, you know, you can have a developer who helps build and is a pretty
significant portion of building like a hundred million, a billion dollar company, right?
He might fail out of, you know, regular computer science and could never get a PhD in computer
science. Like computer science is a very technical thing which that you don't need to be able to
build websites and do some development work. And I'm all for people, you know, who can dev and
have a college or whatever. That's great. But like, you know, those real hard core computer
science people like that, they're on a fucking different level that like, you know, in terms
of how they build stuff. So yeah, I mean, like, there's, there's definitely different points to
that, to what you guys think. Like, even like, if you, if you, if you go into a Bitcoin dev space
where that are like the real fucking Bitcoin dev, like the different fucking language where
you might be able to, you know, dev a lot of shit. That's all I'm saying.
I think one thing to, I think one thing to a certain degree that's been overlooked here,
as far as RWAs goes and as far as code goes, right, necessarily the contract, you can
definitely copy and paste that. When you work in the RWA world and look at EOT, IOT, you can't really
fake, you can't really fake that, right? I mean, obviously I have Elizabeth Holmes, but eventually
there's a lot of smart people who obviously know about physical devices and how to actually make
them work, run to actually see through that. So, you know, while we talk about jobs and Wozniak,
yeah, Wozniak was the brain. But the reason why I think jobs was even better at even understanding
what people desired needed and wanted is just due to the fact that he took a whole different journey
coming to that realization that most people don't even take, right? The man looked at the philosophy
of what product design was, looked at the philosophy of what engineer was, brought them together.
And obviously you can't forget Johnny Ives, you know, the industrial designer. So the thing about
is there's just certain things with the physical products you can't fake. You can't fake the
funk in that. But obviously, a lot of people can come in and talk about, oh, I'm a solidity
developer and all that shit, but you know, for a fact they can fake that. But I'm just saying
there's a certain things that I get excited about with RWA and Depends that cannot be faked.
And that's just you got to prove your work, you got to show that shit.
Yeah, I think you're right. I see. And it's not about necessarily devs faking,
it's just about like, devs having the resources to continually learn, right? And that's like,
what's not going on right now. And I think what Scott was pointing out and what Nico's
kind of driving as there is a shortage of back end devs. And like, if you look at HTMX,
which just dropped, it's getting some popularity and some steam, a lot that's going to require
a lot more back end work, the shrinking code base is like 75%, right? So this is going to be
something that gets implemented pretty shortly. And like, that's going to require a ton of back
end devs that actually know what they're talking about, to start to integrate these things,
because they're going to start moving the front end to the back end, just for safety sake,
to stop a lot of different attacks. And not only that, but it just makes for a cleaner layout.
Now, will the front end dev be able to learn these types of things? Yeah, I think so.
But I think people just need to start challenging themselves and seeing the difference between
like somebody building a marketing product, which is like, let's say a front end UI,
versus somebody building something new, that's going to change the game, or change the
infrastructure that we're currently working on, that takes time, takes testing, and takes
some serious like foresight, right? Like, like everybody wants to like, say they're going to make
a new cutting edge product, but nobody's putting any money into R&D. It's like, how are you
making a cutting edge product, but you can't take your fucking engineer, you know, like,
then you got the ones with billions of dollars, and they can't even come at like,
even the preview will look like shit. Like, I can't even solve money can't solve problems.
Money can't solve a problem. Yeah, I mean,
what you guys are trying to trying to argue is like, not really argue, but discuss is like,
you know, who's right for the job? Who's this for the job? Who's that for the job?
Or whether you've got a degree or don't have a degree. And I've worked in for a long time.
And I can tell you specifically, I've seen guys that have no degree that are just as good as
guys with the degree. And, and this is from working on the high end of things. It's more
about experience than it is about than it is necessarily about, you know, having a degree
or not having a degree or anything else. Like, if you have the experience, and you've worked
on big projects, you've worked with teams, like this is why your HR always asks you these questions,
like, have you worked with a team? Are you okay with working with a team? Have you have you run a
team? Have you worked under a team? And they like it when you when you give yes answers to all
those questions, right? They because they want you to be able to be flexible within a team,
because sometimes somebody will be a leader, and you'll be a follower, and they'll be a
follower, and you'll be a leader at times, depending on the project. And I think like,
looking at things from these aspects are much more important. I can tell you, when I first came out,
I was young, I was, when I came into the industry, and I was, I was very enthusiastic, and I was
very open minded. There was a lot of older guys who weren't, but there was a lot of older guys
who were. So it just depends on who you worked with. And like, you know, I saw innovation
moving in a different direction than a lot of people, other people did. And I went that direction
for my career, while everybody else stayed the path of where they were at. And I can tell you,
I've exceeded far, much, much further than than a lot of people in my career path, a lot of people
my career path, and even salary wise, right? Like, I'm well outside your normal salary range,
if you were to go and deed my job. And that's just because of my experience and my understanding
of my field. Again, this is all about you at the end of the day and how far you're willing to
push yourself outside your boundaries. And again, it doesn't come down necessarily to
degree or not degree or very intelligent or not intelligent. It just comes down to are you
willing to push yourself and you know, are you wanting this? Is this something you want?
Because if it's something you want financially, that's not gonna work out for you. If it's
something you want, because you love it, it's your passion, then it'll work out really well for you.
Hold on a second. Give me a second. I need to say this. This is important.
Not only are we still rocking and rolling, but you guys have to understand that these guys can
be anywhere else in the world and they're here. So thank you. I just want to expand my,
my gratitude there. And I want to say because I'm so excited. The first 50 likes on this post,
I just pinned up to the top by exposed media, which ironically is a take by Will. We love it.
First 50 likes and you know, a comment down there qualifies you for some ETH. I'm going to
give away $50 in ETH right now. And I'm going to say the winner in like 10 minutes, but it has
to get 50 likes first. And you got to drop a comment as well. Cody, I think you were talking.
I'm sorry to interrupt you. No, real quick before Cody goes, I just want to say, this is why I take
thousands of pages of notes. So I found it in my October book. So yeah, I saw my motherfuckers
laughing like I don't type shit out my neck. Yeah. So the survey was my Mercedes labs.
A thousand developers were quizzed in an extensive survey examining the current state of web 3
development and its expansion. 75.4 said the lack of supporting resources is somewhat too
extremely influential in preventing them from building in web 3. Well, 80% said the need to
retool their stack and the complexity and cost of learning new languages, respectively,
were major apprehensions when considering building in decentralized applications. Back to you,
Shanice. Cody, go ahead. So to Will's and average crypto's point,
so there is a blend in this world, been in the industry for almost eight years now.
I think some of the best business people are the biz devs that survived at least one cycle,
built up the relationships during the bear market, whether they worked at Celsius, FTX,
Binance over the last four to five years. I mean, these are fucking some of the absolute
most potent people in the industry that I've ever seen work a room and scale a business.
And you know, during a bull market, the absolute insanity of calls that you have during the day,
meetings, conferences going off, it's absolutely insane. So to hire these people, especially
during this time, as the market is starting to tick back up, is imperative for the growth of
your business. If you are coming in from a web to atmosphere, and you don't know the first
thing about this space. So that's kind of a growth hack for you.
Love the growth hacks. Go ahead, Nico. And then average. We love the people.
Well, I agree with everything you said. And obviously, that's that every there's,
there's always like a level to all of this. Usually those that you're talking about,
they're not in web space. That's the problem. Like, that's the issue that we're having here. Like,
that's, that's the point that I'm trying to make. Like, we have a shortage.
Listen, Nico, I want solutions. I want to be the solution.
Yeah, yeah, that's true. Like, but at the same time, we're talking about like,
so I wanted to point out two problems. Not only do we need devs, but at the same time,
we got to figure out how to fucking get the retail investors to stop fucking putting their
money into everything like or anything at the same time. Last cycle is I'm building a deck.
Like really, you would you do you copy and paste it fucking cold from uni swap and then
that the aggregator from one inch and like, yeah, this cycle, and I said it last year,
it's fucking l twos. Like, it's just going to be l twos everywhere. Like, and yo, like,
Vitalik's mom even got an l two, I'm going to fucking farm that shit for an airdrop. But like,
look at how far it's gone. Like, there's l twos everywhere. I'm waiting to see what else is
going to happen. Oh, and the other thing was video games. So like, there's going to be l two
video games or like they're going to be l three video games before we even like this. And like,
we also have to figure out a way to tell fucking like, for retail investors to be able to figure
out the bullshit too, because especially like with that whole safe room debacle, like,
yo, and profits that I've lent a money for that. Did I did I ever tell you I met a little lady in
the cab that had safe room? What? Are you serious? You guys are getting show shocked, man. The most
money I ever made and the most money I ever lost. The most money I could have made.
Because I thought it was a rug and a muzzle rug. But you know, could have made 7 million.
That would have been nice. Didn't cut my hair.
Man, you know what's crazy? I pulled I pulled karonis here.
Gotta go back to my roots. You hear the safe moon jet turbine engines they never do. Listen real
close. Here's some alpha real quick. Also, when you guys hear this song, I'm about to name drop
some shit. There's a couple of coins right now. Right now, that your friends and group chats are
next to you saying hi to you and GM to you every day. And you know, coins like ethereum max coins
like safe moon coins like you know, listen, you're in the chats and you're next to these predators
every day. Tread lightly, ladies and gentlemen. Go ahead, RDC, you can finish your thoughts.
I just like I remember being very first. I was just making fun of people because someone gifted
me a bunch of the safe moon. I never bought the shit. But I was like, well, here's his
Air Force service record. And here's the embassy that his mom worked at, because they talked about
this work he was doing in Africa. And I was like, well, that's really weird that his his mom
worked in that same embassy. So I think it's a scam. But y'all y'all y'all y'all do what y'all
want to do. You know what I mean? You got to be in this world. Seems like a scam to me. But he was
the Intel guy. I said I think it's just a play to track the amount of money people spend in
Africa because like, what's the name from Hoskins from Cardano was doing the same thing in
Ethiopia. And I like 30% of the transactions in Africa are digitally traceable. And so they're
not trying to they were never trying to bank the unbanked. They were just trying to put people on
the chain so that they could manage them like they do everywhere else because Africa still has
their financial independence, because they go P2P. And I mean, we said this shit the other day,
bro, you ever been in some you ever been in some Nigerian Twitter spaces where they talk about
blockchain is fire, bro. So yeah, there was a there was a country in Africa that they tried to push
CBDCs on them and they just stopped they were just using patch at some point. They don't even have
computers throughout the country. They're not good CBDCs. I would say this to just to kind of add,
and I'm telling you, because like I track the country. But uh, I just wanted to add real
quick, like a couple solutions versus, you know, problems that we have. One solution is don't worry
about where people are pregnant and their money, they're going to put their money where they want
to put their money, build something that they're interested in. A solution to is look for devs that
are on Indeed, and not back pages. So those two are a couple solutions that can get you a good
project. Wow. Back in the day with something else. Well, we won't even go into that. I do
want to go into the voice on the space. His name is Joe. Joe, what's up? Go ahead.
Hey, how's it going? Um, yeah, I came up because uh, so I don't know how many people have tried to
hire devs. Um, but I think the conversation misses that there's devs and then there's engineers.
Most of the devs and we'll get rid of the copy pasta devs, the ones who pretend to know front end
and back end and they're giving you a Wix site, you can't even set up the email. Um, those aren't
all right. Uh, the actual devs here. And then you have engineers, uh, startup that's going to build
tech. They need an engineer, not a dev. And the problem with that is that, and I know this
because I'm on the board of several companies here. I own web two companies I've built in both spaces.
Um, the engineers here, um, they have, they're unhireable in web two because of their own
sort of emotional issues. So what you have here is you have a collection of very technically
qualified people who have a ton of baggage and, um, I won't like name the company or anything,
but we had to hire $150,000 technical product manager to come in and manage the engineer
because he was, uh, elite in his skillset, but can't function as a human. And that's extremely
common. And what people don't understand when you're not dealing with, uh, with somebody like
that, and it happens over and over again, is that startup die, um, off those hires,
because it's extremely complicated to pivot and bring in another person or two people,
especially when you have somebody who can perform elite work, but they have their own baggage. And
that's how come if you really did, and you look at the space and you talk to a lot of the,
the best thinkers in the space, they all come from similar backgrounds, military, heavy, um,
distrust of, you know, governments, like all that stuff works great to get you into crypto,
but that didn't really work great when you're trying to meet a deadline and you're trying
to work with three other departments. So, um, you know, we need more deaths. Uh,
we need elite engineers. And then above that, we need a couple of engineers who can actually
lead teams. And that's a whole nother challenge. So, um, and then on Africa, uh, there's 54
countries in Africa. Um, I spent a big chunk of 2022 hosting spaces with a friend of mine,
who's a PhD, uh, in Canada, but, um, he's Nigerian. He's building a project and,
and built the project. Um, but the problem is, is that like Africa isn't one country. It's
54 competing governments with a bunch of different tribal situations and wars, et cetera. So like,
he wanted to build for Nigeria, but he had a bill for Kenya because Kenya would work with
the crypto processor and Nigeria wouldn't because Nigeria's government system is set up to not
benefit the people, uh, even though they're every rich in oil and other natural resources.
And I know this also because I've been to the country and my brother lived there for
two and a half years. So I'm done talking.
Who is this guy? I always see a fucking legend, dude. Hey Joe,
I never heard you talk, bro. Man, you're a cooking bro. I was like, that was a bar. He said
about the engineer and not even that he ain't never been to web three exposed. And what do we
cover the Kenyan farmers, bro? Like man, Joe, you, you welcome here anytime, bro. Like holy
shit. I hope people took notes. This guy was cooking. I see Will getting excited. He's
always listening. I honestly thought he was another Joe.
All day today. I don't know what's up with this Monday. It's just big brain motherfuckers
everywhere today. I'm here for it. This is what, like, this is why I love the bull.
Even though there's like Goofies that pull up the big brains, you know what I mean?
They're like, let me dust off my boots real quick. Remember me. Uh, so man, Joe,
you were cooking, bro. I just wanted to give you some flowers, man.
Got to balance it with a smooth brain. That's why we have bad here. Go ahead, Joe.
I was just going to say on the Africa thing, um, I had a friend who, uh, launched a startup.
He was in London. He was from Zimbabwe. He returned back home to Zimbabwe and he launched
a startup, uh, building a layer farm, uh, chickens that legs, um, but he brought new
tech with him. So he was able to ramp up a whole bunch of communities there and basically
create a multimillion dollar business, supplying eggs to that whole region, uh, using newer
techniques. And now he's pushing it into a web three, but more along the lines of payment
processing and, um, then getting into the tracking so that they can do recalls and
stuff much more quicker. So there's a lot of interesting things that are happening. Um,
they just don't really get talked about because we get so hyper focused on our other problems.
But if anybody has technical skills, uh, go and learn some solidity, uh, because there's not
enough and, um, it would really help some of us who are trying to build shit. Thanks.
Hey, Joe, real quick. Oh, go ahead. Prophets. I'm sorry.
No, I just, I just said everything I've been thinking. Go ahead.
No, I'm just like, and nobody got to take any of us humans word for it. Go on LinkedIn right now,
go look at what the AI companies are paying devs to start off with out here in San Francisco.
You will be like, I'll take a hundred thousand, 200,000, some of them are like five, 53 50.
Netflix farming now they're farming those Scott, like know this on LinkedIn, especially bro.
These guys, they're, they're farming fake offers, bro. They're not really paying that
to most dads, bro. They're just feeling offers. It gets them attention. It works to their benefit
to take in more applications and less applications on that platform. Right?
So I think like, like devs are being underpaid more than open AI.
No, no, no, I'm not talking about that. No, I'm saying in general,
like this is something that my mentor has been telling me to watch out for is like
basically like application scams. It's a big thing right now,
especially with the merging AI companies. But like Nader said, Nader Dabbitt said
that there are like legitimate offers come through the back door for upwards of a million dollar
signing bonuses for people coming on with real technical skills in relation to engineering,
especially leadership of teams. Like Joe was saying, like, that's where like he hit right
on point is like, the soft skills are lacking in a lot of the people coming to our site.
The hardest part about that now is the people that are going to manage these people that you
want to bring on. A lot of times don't understand the construct necessary. And so they can't even
evaluate the people they bring on. That's like the largest risk the dev that I have that does
solidity AI, like we have our own AI stuff. And it works specifically with companies like to get
you. It's one thing I made, but it just helps you get a job and it answers questions for you.
Like the whole thing is AI platform and answers questions for you and everything,
replies, response, catalogs, the jobs that you didn't get for all that nonsense. We have our
own internal LLM for that, right? And he'll entertain job offers sometimes just because
it helps us work with the platform. And it's like the people that are trying to hire him
are below the skill set in the way they act towards you when you try to say some things
like that we just we have to change our whole ecosystem, you know, kind of coming back really
towards what Joe said, like we have to change our ecosystem and our thought process, you know,
sometimes, maybe you don't need to be the fucking captain anymore. Like if you didn't change with
the times and the times changed, then then maybe you need to, you know, you need to let
somebody else. What does that hold? What is that? David Goggin said that shit and Patty,
Patty, what's his name? Who's going to carry the boat now, David? That guy, maybe somebody
else needs to carry the fucking boat. Well, it's like, and there's so many, I have so many thoughts
on this. Like you guys have just set so many, so many like really valid points. And I was like
trying to process like what we're experiencing in this industry right now. And I think there are two
like two really critical reasons for this shortage shortage of devs. And then there's like
the solution. The two critical reasons for this shortage are security and structure. So I think
I kind of like went off topic a little bit ago when I was talking about like the difference between
devs and founders. But when you think about just people in general, most people crave security and
structure. And the reason that they're not in web three and they're pursuing opportunities in web two
is because there's security and structure in those industries. And so they don't have to worry
about where the money is going to come from. Somebody's already taking care of all that for
them. So what we need in web three is we need people to come into the industry that have that
founder mindset that are willing to take on the burden of the insecurity that you get when you
start a company. And then there needs to be structure created. And somebody mentioned something
about like the biz devs and people in web three that are like savages. Now, I would agree with
that in the sense that they're grinders, right? Like, man, there's guys I see they're doing calls
like 18, 20 hours a day. Like people are just ripping, right? But like when I get into some
of these projects and advise for some of them, there is literally no structure and no process.
Like I was talking to a guy yesterday about his marketing and I was like, okay, so you got a
marketing team. How many people? Three people. Cool. Let me see your marketing calendar,
marketing calendar. I don't have a marketing calendar. Well, what the fuck are they doing?
And like, where's the macro strategy and the strategies that are inside of that macro strategy?
How do you, how are you guys like planning for all that? Well, we're not, right? Okay,
let me talk to your biz dev. What's up, man? Like, how are you managing your time?
What are your KPIs? How are you measuring success? None of that. Like people were just
ripping and doing calls, right? So there's no, there's no structure, no scalability,
no repeatability. And until we get some of that, these people that are really talented
are going to keep on going, going and shopping where they have security and structure.
And to your point on like this, like this, this dev shopping or whatever,
if you're a web two dev and you're, and you're down there and you're listening right now,
right? They're going to try to sell you this dream of equity that you've done it to
you at every company you've gone to. How many times have you got paid on that equity?
It's bullshit. Like they're going to sell you that dream and they're going to then they're
going to, then they're going to dilute the shit out of your fucking equity while the founder
is selling it at the same time. They're going to, they're going to sell shame you to not,
to not sell your equity on the, on the secondary market. And at the same time,
they're looking at you in the face, making you feel guilty for thinking about it.
They're going to be dumping their shares out the back door. Right? So like,
this is the industry where you can actually tap into your equity quick.
Like you get your salary for being a dev. Sorry about that. You get your salary for being a dev,
but you also get token allocation that your vesting schedule is very, very short on.
So you're going to get a bag during the cycle off the equity you get in the project.
So if you're a web to dev down there thinking about it, like this is where you're going to get paid.
Yeah, I'll just give you guys a straight, straight answer on what you should be paying
your devs is at least 150 K per year. Plus this is where it's all like, hold on,
hold on. So you might deserve that. Not all fucking devs deserve that. There's some
devs that say they're a dev and I'm like, how I practice shit. And you didn't figure
this shit out. Cause I'm not a motherfucking dev. Hold on. We talked about some subcontracting
earlier. I'm just trying to give them a baseline because they'd be making the
most heinous offers to great engineers and wonder why they can't get traction.
Right? So give me a, give me a, we see, we have a special guest here. His name is Joe
with his green background. Joe, back to you. I just wanted to say something that average said,
so he was describing a situation that like we used to have it in the early days of building
some stuff in web two. And it was basically like the pre the Peter principle. And what that is,
is like you rise in an organization up to your level of incompetence. And so you're really good
at your job and you get promoted and you get promoted and you get promoted and then pretty
soon you suck at your job. But now you're making so much money that the company is ignoring
you and they're hiring other people. And we see this all the time here at web three,
which I was really hoping we could avoid, but somebody's really good in the community.
They get promoted to a community manager or discord manager up to a community manager.
And then pretty soon they're in like a C level position and you're sitting down and you're
having a conversation with this person. And it goes very much like what average is saying,
which are KPIs. I don't know what that means. Let's sign this a document here. This is what
our SLAs are. I don't know what that means. And you're like, okay, I can't take you to business
school. I need to talk to like the owner of your company because you're wasting my time.
And pretty soon they get frustrated. And you're the one who has the product they need.
So we need to get out of hiring people because we like them. We need to get out of hiring people
because they're really supportive and amazing. I think a lot of problems that we saw that's
you guys cleaning up is they did that. And now, because we're talking with better people
and they're trying to bring in experts and experts are what's going to make these companies work.
You want to hire somebody who you like, but who can do a 10X job for you.
You don't want to hire somebody who's your buddy. You want to hire somebody who will fire your buddy
and do a 10X job because that's how you're going to make the thing work. So I'm done talking.
Thank you. I'm done talking. Go ahead, Nico.
I wanted to throw it at Joe. I picked up a dude one time.
You picked up a dude one time?
Well, yeah, we'll cap. Come on.
Oh, that's right. That's right. No, they don't fucking know.
He knows. He knows. He knows. I know Joe. He should know. What do you call it?
He was a network engineer. He was a network architect, probably the most boring job in the
fucking world, a database network architect. But you could tell there was something off
with him. His current events, he didn't know. I don't think he even knew who the president
was at the time. He literally lived in a hole. Well, no, not a hole, but probably a very,
very old apartment in the Upper East Side. And I picked him up in the financial district
at a weird time and all of that. And you could see. And exactly what you said,
usually when these guys come in at the beginning, they're the only ones that know what they did
also. So it's like, how do you even go on top of them? And it just gets crazy afterwards.
Yeah. It comes to a point where they become irreplaceable. That's why some people even
have jobs. You just described like 95% of the legacy industry right now. Yeah. Bro, this guy
was so like, he thought the dollar was still backed by gold, shit like that. He thought I
was crazy in the car. Yeah. I told him about Bitcoin and he thought it was like, I figured
he would know. Something like that, I thought I could have a conversation with him about Bitcoin,
not about Ethereum, not about anything else, but at least about Bitcoin.
He didn't have a clue. He thought it was funny money. And to top it off, he thought the dollar
was backed by gold. And I'm like, sir, you're going to have to do some research. I told him
to watch a couple of documentaries. But I seriously think he got out of my tab thinking
I was the lunatic. I have no idea what happened at the end of this, but yeah.
We'll be back after these messages. Technology is remarkable. It's insane
because the first year of people discovering it, their scammiest friend made $83,000 selling
a penguin with a penis in its eye. Of course, people don't get it. They're right. I don't
know if you know guys, but this hit's different than it's ever hit in my entire life. It's the
same reason people didn't get the internet in 99. Them bam, penis fucking penguin. How the hell
is peps.com? We're about to buy all you motherfuckers, all types of shit in this bull market.
Scott at the VIP table, we'll chip in, say less. Bad brothers. Bad brothers, go ahead.
Bad brothers, you fucker.
I was muted. I was muted. No, I was just going to say,
no, Joe was spitting straight facts. I mean, I'm an IT auditor, so I got to work with some of these
guys a lot of the times, and probably not even to the level that Joe was talking about. But I
remember we said this one guy who was cracked at Linux, one of the smartest guys I knew, but this
was a guy who I would email him a simple question, and he would respond with five paragraphs and be
like, all right, here's why your question is so stupid. Here's how it actually works. Here,
again, is why your question is stupid, and here is why it actually works. And it's just like,
yeah, some people get offended by that, but it's just like, I love working with that guy.
That guy would teach me so much, but it's just like one of those things where it's like, oh,
like, you got to understand who you're working with. You got to check your ego at the door and
just, you know, get the information you need out of him by kind of like playing his ego or whatever.
But I mean, yeah, like, you know, especially on the, like, Ethereum and like Bitcoin side,
the really cracked ends, like, yeah, no, those are the type of people that you have to work
with. And, you know, I love them. I thank them for it. Just, you know, definitely not the best social
skills. Bad Brothers, would you say Twitter spaces is the reason why you have better social skills?
You know what? Probably not. I probably have more social skills thanks to Twitter spaces.
Okay. Second question. Do you believe that there is a large or small case of Stockholm
syndrome in Web3? Yes and no. I feel like a lot of people do. And I feel like, you know,
I guess it just kind of depends what you see the end goal as and like why you're here, me, like,
we're still with the program. We're still chugging along. And yeah, I mean, you know,
if you get too into it and think too many, think too many things that aren't going to happen,
but things that will happen and then yeah, things are going to happen. So yeah,
decipher that as you will. Hey, you know, Bad Brothers,
for the price of sugar right now, Kool-Aid and his chief as it used to be. You feel me?
You know, that's damn right. Joe, what's your favorite flavor of Kool-Aid? Red.
Guy's a winner. I like Joe. Joe's a winner. Cody, I hope you had fun.
Hey, I like that he said red and not cherry. Please respect that.
I love it here. He said I love it here.
What a bag of soap. Time for a hot tub. Anyway, what an amazing day. Yeah, more clapping sounds.
Like, comment, repost the room. Go ahead and get in the discord. Lincoln, bio. Let me see. Is it
really in there or is my kick in there? Nope. The discord's there. Get in there. Get in there.
Get in there. Yes, there's going to be a new channel going live in the next couple of hours,
probably like in the next hour, to be honest, but the RWA depend channel. Make sure you tune into
that. Also, we go live every day, except Wednesdays. And I get a lot of DMs and stuff about wanting
to speak about your product or your company. Dude, just take the call and the call, right?
We have a discussion. I want to know about what you're building. And then we go from there.
I first read a flag, especially if you're trying to finesse me because you can't finesse a
finesse, is that you don't want to get in the call. And a lot of you don't have a problem with
that. So just throwing that out there. So if you haven't, you shouldn't have an issue with that.
If you're trying to, you know, really push your product and push your company or whatever
it is you're building in Web3. Another thing is we have a really cool special guest coming this
week. We have a few. I don't know what's happening. I think it's the age of the Aquarius, as you
conspiracists would say. I don't know. It's like a weird moment in my life. A lot of text messages
and people from all types of woodworks coming out. And it's not just one, it's like multiple.
And a lot of them have now went off to be successful in their own endeavors. And a lot of
them, I guess, are finding themselves back in crypto. Go figure. And you're like, hey,
I hear that. Yes. Come, come, come, come in, come in. This is a welcoming for everybody.
This is for everybody. So yeah, definitely excited about that. A lot of new members to the team as
well. Oh, shit. What the fuck are you talking about, Prophet? Yeah, you got to see what I'm
talking about. But there's new members, new members on the team. But yeah, so what a great
show. It looks like Aria is here with his late ass and his Mexican hat, and he's not even Mexican.
Go ahead, sir. Aria, you knew to the show. Did you want to say anything? Go ahead.
It's funny because if he did this, it'd be racist. That's the fucking craziest thing about
where I'll be fucking. Oh, man. Sorry, that combo is great. I love that you're rebranding,
by the way. No, not yet. Not yet. But like, not yet. I was, I was. Oh, it's my, my, it's my,
my. Oh, man. No, no, no, no, no, no, no, no, no, no, no, please don't.
No, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no. Okay, thank you.
Prophets. What's up? Will. What's up, King? You miss me? Joe, what's going on? Long time no see.
And like, yeah, what's up? What's happening? I just, I just came up because I thought you
would just rock this bitch. And I was just like, okay, I just can't come down, like, come up to
say hi. Yeah. I thought about you. I thought about you when I did this today. I went to the gym,
and the gym I went to the sauna was broken. And I still had a few hours left before the spaces. So
I said, I'm gonna drive 12 miles over the bridge to go to another fucking sauna. And it was the
fucking best decision I made. And I know you would be proud of me. It's on a bed.
Anyway, all right, fuck off. I love you. Thank you for being here. Thank you, all of you for being
here. What are the great spaces? Like I said, 50 comments on the exposed media page. Let me see how
many God damn it 50 likes we're at 27 likes, whatever. I'm still gonna give away each to one
of you. Let me see. Let me go pick right now. Well, I did say I'm gonna pick on the stage.
Hold on, who dropped it? Let me see. Let me see. Journey. Let's go you win. But I get that in
your wallet momentarily. Thank you for playing. Thank you for being here. Thank you guys for
supporting the brand exposed media on the up and up nothing like you've ever seen or heard before
nothing compared to anything you've ever fucking seen before. Only monumental shit. What another
great day was I will see you guys tomorrow. Turn on notifications, jump in discord,
a lot of alpha in there, literally free fucking money, bro, free money. People are getting jobs,
people are getting plugged, just free bread, free, free bread, nothing for sale. All I ask
is pull up, engage, add to the convo, connect me with the coolest things you see in web three,
because unfortunately, I can't see it all. So, you know, I want to see it. If you're a writer,
if you're a content creator, I want to hear from you as well. Contact me, contact Scott,
get in our DMS. Aria, you're not going. It's fuck out of here. I love you though. Everybody have
a good evening. Drink water and tell somebody that you love them. Peace out. I'll see you on