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Welcome Ep. 1 🍻The Joe Show: Finding our Groove
Recorded: June 3, 2025 Duration: 1:15:39Space Recording
Short Summary
In a lively discussion, the launch of Joe Chain was announced, introducing a novel approach to liquidity and transactions in the crypto space. The project aims to eliminate traditional token models, focusing instead on direct liquidity provision and strategic partnerships, while also tapping into current trends in decentralized finance.
Full Transcription
Thank you. Thank you. Good evening, Rack FM.
Rack FM 69.420 coming in your ears tonight.
It's episode one with our favorite Joe, the three seashells.
I hope he can come in.
I just sent him an invite.
We'll give him a second to accept.
I'm already going to complain that you didn't play my intro song.
I listened to it, but it was gay as hell.
But this is your show, so I shouldn't have said that.
Next time.
Next time.
It's so good.
I sing it all day long when I'm trying not to strangle people that I encounter about my day.
I actually felt like strangling people listening to your intro song.
I'm not in it for the love.
I see cutes down there.
Cutes. Five. i see cutes down there cutes five the song that i selected it took me a long time to come to it for for the intro he just left the room i forget it i know ray doesn't know the song
ray listens to like 70s funkatron stuff funk funkatron what in the god what the what does that mean
he listens to like uh what is it um four four tops or something so i forget what he listens to
but he sent me some some stuff that was like
I could get with it, but it wasn't in my wheelhouse up until that point
He sent me tower power and something else. I can't remember what else
But I I see five over there the song that I picked is none other than I'm for love by Hank Williams, Jr
It's such a jam. I sing it in the car. I sing it at work
My job is filled with flies now.
Like we have flies everywhere.
Someone must have left the window open,
like a bathroom window open over the weekend.
So all day long, I was humming that
and trying to murder flies.
Look, look, I got all the love.
Listen, you don't know about murdering flies
until you get one of those rackets.
They're like these rackets that are like electrified and you like charge them up.
And you can like in the, in North country, we go and we just use the rackets and we slap
the mosquitoes and you can hear them like hitting the, the electrified rackets.
And it's, it's actually kind of fun.
I like to stun them with like, I use like a, like a I use a paper folder because I'm going for surface area.
And I knocked three or four of them to the floor,
and they all after a while just got up and flew away.
So I teach them a lesson.
So you just stun them?
You're not serious about getting rid of the problem
like i'm a killer i'm like i'm like slapping them around like take i'm sending them to the
moon with that racket you know what i'm talking about yeah i mean when i was a kid what i used
to do for fun before i got the ever-loving you know what beaten out of me i used to light
bugs on fire or use firecrackers and blow them up that's what i used
to do bugs are really small so you're saying you were able to catch a bug and like a strap a um
like a firecracker to the bug like how big were these bugs like were these roaches because you
lived in no like i can only imagine like you hanging out with roaches
cicadas like i would take a cicada and then i would uh like crazy glue like jumping jack to it
and then light the jumping jack and then just laugh but it all came back to bite me so when
i was a kid i was like a hardcore pyromaniac like i just love fire like i was just burning shit all
the time and then as an adult i almost died in a fire i worked for a fireworks company and then i was
like damn like people can die from this and it was the dumbest job probably the dumbest job
i ever had was working for the fireworks company um and then later i almost died in a fire so like
died in a fire. So like, now I'm afraid of it. Like, I don't even like barbecuing that much
now i'm afraid of it like i don't even like barbecuing that much anymore
anymore. Well, that's sad.
I know New Yorkers are kind of anti-firearm, but
fuck those electric rackets. Do you not have the little shotguns that shoot
rock salt at flies? I've never even heard of that.
It's like a 410? No, no, no. It's like a Nerf gun that just shoots
rock salt. Holy shit, you guys.
You can buy them.
They're literally like anti-fly, like just Nerf guns.
Can you give me a brand name?
I have a whiteboard here.
I'm writing it down.
Yeah, you ready?
Bug Assault.
It's literally it.
Or Assault.
S-A-L-T.
That's what it is.
They're so fucking fun.
Sure.
Summer's coming.
I'm going to have a toy.
I already bought myself a toy this week. I gonna have to buy myself a second toy i bought a uh surf casting fishing rod which
i do not have i only have um like spinning rods for like the back days and stuff so
yeah it's not even that expensive you know 110 bucks. But I went to the Penn website.
I narrowed it down.
I'm like, I need a surf casting rod.
And I'm teaching summer school this year,
but I plan on being at the beach quite a bit.
For all you fathers, we have the bug assault.
A bug assault 3.0 is specifically tailored to the needs of the more serious fly hunter.
Some improvements such as cross bolt safety, trigger redesign, and patridge sight.
Not to be confused with the bird, the sight is made after the famous rifle patridge.
Are guaranteed to turn grown men into little kids again join over
six million humans on planet earth and turn annoyance into fun non-toxic and no batteries
required and and you can shoot your friends with them yeah i was gonna say when i was in college
one two of my roommates they had um tasers and they used to tase each other all the time i they would never tase
me or the other roommate do you remember that like magazine called cheaper than dirt and it
was like a guns and ammo like surplus magazine the headquarters was in fort worth and i bought
like a 60 vaguely some kind of crazy number like 600 000 i think they got it from something like
that because this was like in the early days of e-commerce and they ordered it and they were like shocked that they came in the mail like that
this was like before amazon had to be like cheaper like ebay ebay was a thing but it wasn't normal
people didn't put their credit cards on the internet at all it was like paypal was the only
game in town but um taser wars are fun until someone gets you while you're in the shower like through
the curtain that shit hurts i used to watch videos of people tasing each other and i remember one
video it hurt watching it a girl was drinking water i think the guy came up behind or just
taser in the neck while she was like guzzling water it's sometimes it's not funny sometimes i put tense therapy pads
in the wrong spots like around my neck and it starts like crazy convulsions and and i
look like a madman but oh yeah i i've been there done that so so uh so bands i think we're gonna
probably change the title here i like i like your finding the groove um finding the groove uh
tagline i think that's better three seashells i don't think i think maybe one person would
understand would you would you um enlighten us um on the three seashells yeah yeah
oh so and it's funny because i saw a meme today on the internet on twitter from the movie that
this is referenced five do you from the movie that this is referenced
five do you know the movie that this is from you must know it
no okay i'm googling now i feel like you're from uh you're treading water right now
it's from uh no it's from um demolition man one of the best sci-fi action movies ever probably like top three
sci-fi action movie of all time better than judge dread
they edited what they took out all the taco bell references and they say pizza hut now
i did not know that why that was one of the coolest parts of the
fucking no it's the same company oh i did not know that because that was one of the coolest parts of the fucking no it's the same company
oh i did not know that because back then taco bell was like a new restaurant right like it wasn't like a new it was a new fast food place and then at some point in the 90s they started opening late
and then i think they they would have won the war if there was a fast food war but bands has not seen
the movie so i'll give the synopsis of the
important parts so you could understand the three seashells so wesley snipes is a criminal and uh
sylvester stallone is a cop i don't know why but they both end up breaking the law
and then they get frozen for 30 years that's's their jail. Oh my gosh, I remember that.
Yeah.
I remember.
And then they got unfrozen
and then they had to like battle each other
because they were like the antithesis of each other.
They were like equals.
That's right.
And they would be the perfect, you know,
they would have the perfect battle.
I remember that.
Holy shit, that's been so long since I seen that.
It's such a good movie.
Like if you're ever on an
airplane that's like the one to watch but i mean long story short what's that it's not big trouble
little china but it's good it's not action jackson that that show was weird that i mean that movie
was weird but anyway so sylva stallone every time he uses
the bathroom because he's from the past he doesn't know any like this future stuff there's no toilet
paper anymore instead of toilet paper there's just three seashells on the wall and it's an inside
joke pretty much the whole movie where they laugh at him because he never knows how to use the three
seashells that you never find out what they're for or how they're used so there's no toilet paper just three shells stuck
to the wall okay so can i ask what does everybody think that the seashells you know should do i i
don't even know i've never even heard like fan theories of it no i mean okay joe give me like
what do you think that the three
seashells could do? How would you use them in the bathroom?
I hope that they're like, you know how you have
you punch in a code to get into your garage or to get into an Airbnb?
I hope you punch something and then it turns
on the bidet from inside the toilet that you you don't notice i hope that's
what they're for i always thought that's what it was i'm imagining one seashell for the initial
scooping you know like yeah scooping you're in too many spaces with yeah the second the second the second one i am i imagine
for like maybe the it like it's already filled with some kind of like water you can like you
know rinse off with you know maybe y'all are too basic this is dystopian future. They're actually snails and they just do their thing. And you put them back.
Oh, gross.
That's gross.
Wow, Demolition Man was 1993.
I saw that in the movie theater.
I remember that.
Damn.
93 was good.
It had Jurassic Park, Lion King, all that shit.
Well, 92 did have Batman though
with Michael Keaton
I saw the original Batman in theater
my parents never once took me to the movies
when I was a kid
I think me and my brother just did not behave
we never went to restaurants
never went to the movies but I had an aunt
who had no kids that used to bring us all the time
and she brought us to like
some of the best movies ever.
It was like original Batman.
She took us to ET.
She took us to see,
it was like a really famous baseball movie called eight men out.
She took us to see that.
So many movies she took us to see,
but yeah,
never,
never.
I can't remember my parents.
my dad brought us to the movies once, I remember.
And he brought us to like the movie theater
that you probably shouldn't go to at night.
And it was an Eddie Murphy movie.
And me and my brother were the only kids in the movie theater
because it was like rated R.
And like back then, they did not let you into R-rated movies.
I don't know what they do now,
but I think they just let anybody into any movie.
But yeah, it was Distinguished Gentleman. You ever see that one no i'm just remembering do you guys do you guys
remember when a tenacious d movie came out with jack black and that other guy um glass i don't
remember his first name so when that's him recently like i saw tenacious d and kg was like staying in
the hotel room two downs from us.
And he looks like Santa Claus.
So they couldn't figure it out who it was or not.
Oh my gosh, that's so cool.
So like, I remember when I went to the movie theaters to see it, a mother had brought her like seven year olds and eight year olds to see this movie because they wanted to see
it and she thought it was like a a normal like movie
and i remember how the credits rolled in and there was all of these like naked angel babies and and
and like a bunch of like weird stuff and then the mom like she's watching and then little by little
you can see she's like oh no oh no she's like grabbing the kids grabbing the popcorn trying to run out of
there as is you know getting you know super like x-rated and shit but i thought it was cute
so so back to my parents never taking us to the movies they never went to the movies either
so one time my mom dragged my dad to the movies and i don't remember what they were going to see
but my dad is my dad
has no idea what's ever playing in the movie theater so when he gets to the movie theater
he's staring at the movie posters like amazed like wow this movie looks cool this movie looks cool
so he convinces my wife goes i want to see this movie so like all right fine we'll see that movie
it was a broke back mountain my dad had fucking no idea, right? So he just, he just likes like the outdoors.
He goes hunting, camping, all that stuff.
So my mom's like, you're not going to like it.
He's like, no, I want to see it.
I want to see like the mountains and like the,
all the stuff.
So she goes, you're not going to like it.
He goes, no, I'll like it.
I'll like it.
And my mom said like in the middle of the movie,
you could hear my dad like, oh God, oh God. Like make a noise like it. I'll like it. And my mom said, like, in the middle of the movie, you could hear my dad like, oh, God.
Oh, God.
Like, make a noise like that.
Everyone else knew what the movie was about.
I swear to God, that's the one time I wish that I went to the movies with my parents.
But another time.
Was he scarred?
Was he scarred over that?
He's like, I'll never go to the movies with your mother again.
I was like, all right, well, I'm pretty sure that the story that i heard she was not to blame for
for this one one time me and my brother we went to blockbuster my dad he would bring us to blockbuster
and we get the movie and the wrong movie is in the case and it was um i forget what we were trying to
rent but the crying game was in in the case and we watched that
and and that's like a horrendous movie also and in the middle of it of course my dad's sitting on the
couch half paying attention me and my brother are sitting on the floor i don't know how old we were
probably like i don't know like 12 and 14 something like that and uh i don't know if you guys saw this
movie but it's it's like a transgender movie my dad just gets up without saying anything it just takes it out of the vcr
and puts it back in the case and goes go to bed he's like my boys ain't gonna be transgender
did you ever see it it's brutal it's brutal what movie what was the name of the movie the crying game oh shit yes
oh my god it was in the case i think we tried to rent like like maybe clerks or something like that
or like a like a adam sailor movie and that was in the freaking case
remember when you used to have to pay if you didn't rewind your videos all the way when you
returned we had to be kind and rewind now we had a separate rewinder it's not crazy me too
listen my parents were some serious couch potatoes like they straight up were like
movies things like that because we were so super super poor like everything was like we have to save up
just to go to the movies like everything was the movies are like tv because that's all we could
afford to do and stuff did you grow up down here right yeah new york city in queens jackson heights
that's right okay okay i think i pegged you the first time we we spoke on space i'm like you're from bushwick or something close enough pretty close pretty close pretty pretty close yeah no um
my sister lives in uh where she lives forest hills so that's like the same train lines right
pretty much basically so um i put in the nest real quick did you see that uh video there's this the new
so you know all of those inmates that like escaped from the new orleans jail there's a few still
missing they captured a few well this guy is appealing to trump for a pardon he's like i know
i have to like go back like i'm gonna go back to jail but i need you to come and look at these cases and then he started talking about like different you know
rappers or whatever but um i honestly don't think that he's gonna get the time of day from trump
that he thinks he's gonna get so let's see how this pans out I wonder if the Tiger King in jail yeah I say I
wonder if the inmates think that he actually reviews the cases or if there's
a lady who's an expert on it is doing it and then recommending to him what to do
right like there I think there's a specific person on his staff that
reviews that that's like not him didn't trump pardon little wayne
um good question i don't know i don't know i mean i like his voice so i'd pardon him just on his
voice alone yes he did in december 2020. i think at this point i wouldn't be surprised that he
that he pardons anybody because you know that he has like the um
he has like the sense of fairness of like a sixth grader like he thinks everything's not fair
so like the fact that he's gone through all these lawsuits, even before he was in politics, he probably sympathizes with whoever's in prison, right, over, like, the prosecution and, like, the people who are not in prison.
I wouldn't be surprised.
I think Tiger King's going to get, absolutely going to get pardoned at some point.
You know, I think he deserved to be pardoned, you know?
Like, he's, he's, all he, all he wants to do is be loved, you know, groom he deserved to be pardoned you know like he's he's all he all he wants to do is
be loved you know groom and be loved that's all he wants to do and take care of tigers
this is i think he should be left alone i had i had like a quick exchange with him on a on x and
i can't find it i feel bad like only like 10 people reply to his tweets tiger king like this guy was
almost a governor and now are you wait a minute tiger king only has 10 people like no like he's
about to have 11 right now hold on let me find his i'm not even following him i can't believe
they get phones in jail. That's insane to me.
Oh, man.
I just came to this.
It says, Trump, Joe Exotic is next.
And he has his, I guess, his... Whatever his serial number for jail is.
Oh, man.
And then his boyfriend his boyfriend got like sent back to el salvador now he's got a new one man this guy no no in the documentary he had two i think
yeah well no i'm i'm oh yeah but i'm talking about this guy that he had from jail that got
sent back to like el salvador or something i don't know where he went oh damn and they got married they were married and he's like he's sending my husband away
i shouldn't laugh but i'm laughing
i pulled up this thing about uh quantum teleportation did you did you hear about that
i guess not um tell me about it no i just i just happened to pull it up it says uh
there are scientists at a university they achieved a mile they're calling it a milestone
they achieved a milestone by teleporting quantum information across fiber optic cables
that's from from last month so they transmitted quantum states 30 kilometers
so that's pretty crazy do we need to communicate faster i don't think so i think this is a way
for resources yeah but aren't they using like actual brain matter that only like lives for
a little bit to do some quantum quantum computing they're like
testing that out that's a dna computer they've been doing that for quite a while uh like since
the early 2000s maybe what is that maybe they're getting better at it that's what they got they've
had 24 years 25 years you know quantum uses uh molecules and like hovers them i don't really know how it works i'm not stephen
hawkins i have an art degree guys it's this is what it says two photons were entangled
meaning their quantum states are correlated regardless of distance
so measuring one photon state instantly determines the others enabling state transfer
determines the others
enabling state transfer.
So like there's
two different,
well,
is a photon technically
a particle
or is it energy?
It's a particle.
But can't you just say,
but can't you send power
via like,
in Tesla proof
you can send power
like,
can't you just send power
from one place
to another place
without wires and cables?
If the air molecules
or the ground is charged,
I don't see why
you can't do that. But, isn't that what he did? without wires and cables the ground is charged i don't see why you
can't do that but isn't that what he did he sent it through the ground
i'm on these like is this like
is this entangled state like when uh you go to the bar and your wife's at home and your kids can
look at her face and like you're entangled and she knows
you're at the they know you're at the bar and not where you're supposed to be i thought you were
gonna say the opposite with the wife is at the bar and the husband's home but he has the uh
he has the app for the jukebox on his phone yeah have you ever have you ever seen any of the memes
about that that are pretty funny where the husband's showing the text messages the wife went out with all of her friends
to the bar where he usually goes and he plays he plays like a creed song like 10 times in a row
and she's texting him oh my god you wouldn't believe it they just played creed twice in a row
and then like the next text is holy shit are you doing this
we used to do that when they had
the app for the jukeboxes you could not be you'd be at some other bar and you just just start
crapping on the bar you're not at guys you guys so my husband really likes that song by Chapel Rowan with the, you know, with my pink shoes on.
Oh, what have you done?
You know what I mean?
The Pink Pony Club song.
Have you guys heard of that Pink Pony Club song?
You saw what I listened to.
So anyways, so he went on to the bar that we go to and he knew how much everybody hated it.
So he kept playing the Pink Pony Club song and singing out loud to all the words being super freaking obnoxious.
Do bars still have those app controlled jukeboxes or did they figure out it's not a good idea?
You only need one asshole.
I live in such a small town.
He was like,
you know, because he
didn't like this guy that's super annoying
and bothers us all the time. So he's like,
I know what I'm going to do. And he kept playing Pink Pony
Club. I don't know how many times.
Until the guy would leave.
I don't even know that song so
check one, mic check one
check two
this is just like old times
this is like the last bear market
bands
Joe, Ray
hello everyone else
what do you think
all you have to say is hey banjo
what do you think about you have to say is hey banjo what what do you think
about the fall of of twitter spaces like remember how like they would constantly get rugged and like
you couldn't hear people all that like it would just you would get kicked out of the space for
no reason over and over again but there were still like 200 people there now spaces works
almost perfectly and nobody attends them it works better yeah everyone was
blaming me on on this no they're just going to other people's spaces so joe are you gonna say
are you gonna save the cosmos with joe chang i already did what's the i think is the update
we need a validator and i don't like asking people to do a whole bunch of work for free.
But I've been, like, jotting down these ideas that I have, and I think they're really good.
Like, I think they're so good.
Like, maybe I could win a medal or something.
Wait, hold on.
I thought we weren't supposed to talk about it.
That's true.
So, listen, I don't know if we're supposed to talk about crypto, Mayor.
In three minutes.
This show is not about crypto. i did not sign up for that
it says the joe show finding your groove all right so we're almost halfway so we're just letting you
know in this groove there's like maybe like negative to crypto talk what i'll i'll allow it
i'll allow it when we're 30 minutes into the spaces whenever me and bands do a space
first 30 minutes has to be off topic because okay no one wants to talk about crypto it's stupid but
in two minutes we could we could talk about that um okay well let's um what do you think
how do you think our government's doing so far i'm not talking about this either mayor what do you do for fun what do i do for fun oh i i'm i need to uh i need to get me some
gummies or get me some edibles or something like that to start having fun oh we could talk about
that because i i discovered something i made a discovery so in new york state bands you're in
new york state they have a special license to to sell thc um seltzer so i could buy those at my
my beer distributor they cannot sell any delicious they taste so much better than regular seltzer
that's why i drink them but i only need to drink a half of one and i'm fucking just done it's just the night's over absolutely over yeah but you and then you
don't have oh not at all you feel great you feel like you slept it's it's literally like you drank
three beers all at once i drank uh like 500 milligrams of a real edible seltzer. 500?
Holy shit.
Yeah, before going into that AA Dow event for NFT Nashville.
I was a fucking zombie because my Uber driver was in like an Audi and I looked at this Taco Bell cup full of edible and was like,
I guess I got to slam it.
Oh my God.
No, I think I drank one at the i drank one at the the the previous night's event but it
didn't really do anything for some reason maybe i like ate too much or whatever but i buy a six
pack it lasts a month in my house like that that's how good they're so good it's saving me so many
calories and and hangovers so is it like hold on are they like 10 milligram
like oh so you have to drink half of a five milligram and that's pretty good if i drink the
whole thing it's what it's like a blackout i black it's like i don't even remember that over
the counter shit because they've got you know your, your Delta 9s, your Delta 10s,
that THCP shit, and that stuff's, like,
just straight up isolate of the psychoactive parts.
It'll fuck your day up.
But it's from hemp, so, like, that's why it's allowed.
Yeah, I mean, so is all this shit.
It's all over-the-counter, no dispenser you needed,
but it's sketchy.
It's like the old days of the spice and
stuff i don't know i like the normal stuff no i think he's buying it no and so like in new york
state he was saying about the license because there is there's a couple places here um wineries
that they sell like leapfrog they're like five milligram and they have 10 milligram cans they're
like these seltzers and that's it leapfrog they're there
it's fantastic and it works really well like i chugged the like 10 milligram and i just walked
around the fair having a delightful day they have thc it's like yes he's like do they have the the
thing they call thC these days?
It's no alcohol, right?
Just seltzer?
Correct.
It's seltzer.
It's 10 milligrams of CBD and five THC.
And for someone like me, like a half a can is like, I'm good.
If I drink the whole can, like wherever I'm at is where I fall asleep.
like wherever i'm at is where i fall asleep bands bands i need to talk to you because
like i need to i i need to figure out something to regulate my blood pressure
and i'm tired of like the the pharmaceuticals so like i i need i'm i think it's really not a doctor
it's not it's better to get advice from your crazy internet friends. I got something for you.
You're going to have to look it up, though, because dosages could fluctuate.
L-theanine, it comes from green tea and a couple other things.
You could buy it.
I drink a lot of green tea.
I drink, I already drink.
Yeah, but the amount that you would get in like a capsule would be like drinking like 20, like 25 tea bags.
wow.
That's a lot.
So mayor,
when you have a moment,
maybe you can look into berberine and berberine is all natural supplement.
That's supposed to help lower your blood pressure and,
and like control,
a couple other things.
So if you can,
if you want to look into it,
um, I took it for a month
and i did digest a lot better and i did feel like overall better but i was just testing it out i
didn't have high blood pressure but my husband has high blood pressure and that's what my doctor
suggested that he should start taking okay berberine b-u-r something no b-e-r b-e-aura-aura
no berberine okay the other thing is did you get your electrolytes checked they won't test that in
a regular physical but you can go to like a quest diagnostics and get full electrolyte panel that that that might give some insights as well
yeah yeah well there's tons of supplements for electrolytes that are like pretty cheap in there
my ex-wife is trying to kill me my ex-wife's trying to kill me so i need something to just
mellow me out so i can just like ignore her so this is a recorded space that's okay it's okay
well we're past the halfway point we can talk about crypto or we don't have to we
could talk about natural supplements but you want to hear my ideas for joe chain mayor these might make you smile at least
yes at least you'll lose a shit ton of money but it's going to be hilarious you're right
so i i think i think we need to do something to save to save osmosis because osmosis is gonna
is gonna be like uh i don't know we have it's we have to save we have to save osmosis because osmosis is gonna is gonna be like uh i don't know we have it's we have to
save we have to save osmosis mayor don't make me start calling you greta okay we know stargaze is
is like falling fast so um we have to save osmosis or i'll be bored i won't be able to click i'll have
to go over to solana and click buttons over there. And you know, it's, I don't want to click buttons over there.
So here, here's my, here's my, here's the premise of Joe chain.
That's your one thing that I really liked from osmosis. I don't think they pushed it hard enough
and I don't think they went far enough with super fluid staking. I think super fluid staking is how
every change should work. Right right so here's what happens
let's say you have eth tokens on on eth or you have solana tokens on soul you cannot bridge into
joe chain from ibc because we don't want we only want pristine assets coming in right we don't want
pristine assets coming in right we don't want garbage assets coming in so you have eth on an
l2 or ethereum you bridge in um and what happens is when you bridge in those tokens automatically
get deposited into an lp and you transact on the chain using LP tokens, which we call-
What am I bridging in?
Am I bridging in a wrap token
or what am I bridging in?
I don't know.
I'm not a dev,
but there's some value that's going to bridge in
and it automatically gets deposited into an LP.
And while that's in the LP,
you accrue these tokens that you could use on the chain
for the various apps. if you're an app builder
um you get paid in lp tokens all the time so there's no there's no native asset right so
the lp token like let's say you bridge an eth it goes into an l, let's say with USDC, right?
So we're building liquidity on the chain
and you get an LP token to transact.
It's called like Joe LP and then whatever number the pool is.
So that's the money on the chain, right?
So I've eliminated an L1 token
and I've eliminated liquid staking.
We might need liquid staking but
i don't know how it's going to work when you're transacting with l the lp tokens are the money
on the chain and different lp tokens are worth different amounts because an eth usdc lp token
should be more stable and and be a better store value than like i don't know like two crap tokens
you know name name them i don't know whatever the two tokens are so that's it so liquidity is not a
problem because nobody can use the chain without contributing liquidity and if you have those lp
tokens you vote in governance as well.
So what do you think about that?
Oh, my God. Easy, easy.
So, oops, that was the wrong button.
I actually meant to hit this button.
News alert.
I apologize. Breaking news alert.
That's worse.
Breaking news.
Is it worse?
Well, Florida braces for a dusty intruder, Saharan air layer to paint the skies quite literally. So back in 2024, Greece was covered in Sahara dust. And I guess now it's Florida's turn. So if you live in Florida, let us know if the skies are dusty. It's the coming apocalypse. That's the least harmful dust Florida's seen tonight.
Bath salts are much worse.
Everything's already coated in that.
But, Joe, what happens when one of your LP tokens dumps out?
So people that bridged in, well, let's go the other way, right?
It's people that bridged in either way.
They bridge in and the price fluctuates 30 or 40% and people want to bridge out.
They won't be getting the same asset that they bridged in out like the amount.
No, they won't.
Nope. Some of it stays on the chain forever it's like a toll it's it's like i call it hotel california
protocol hotel joe motel joe but the other option is instead of automatically being an lp token you bridge in
and you automatically get it automatically swaps a percent automatically swaps into joe token
and gets liquid staked
but what what is my incentive to send my valuable tokens to this chain?
Can you offer me APRs above 500% is what I need?
Like, I need outstanding, like, what's the inflation?
Mayor, it looks like you have incurred some serious losses you can't put that on
no this is i cannot this is my uh this is the this is the value proposition of my chain so
every chain i thought i saw reese reese was in here wasn't he just in here reese yeah well we
need to get reese back in here and i need to know, are my old Joe tokens still...
Can we reshock?
No, your old Joe tokens...
Revive the chain.
Put most put them onto Juno before they shut down Joe chain.
He took all the tokens and transferred to Juno.
So they're in a wallet.
On Juno.
They are.
Well, he needs to bring them back.
He needs to bring them back.
And then I need some outstanding APRs to, yes.
This is how it works.
Every chain goes through that initial honeymoon period
where the APRs are high and everyone's happy.
And then two years later, the APRs are low, right?
I'm going to skip the beginning part.
Like, there's not going to be a
honeymoon it's just going to start like in basically year three of the chain so there's
going to be no dump no hopium no apr craze it's just the chain and that is what crypto is it's
just chains and if you're not excited about that,
why are you excited about all the other ones?
Like that's what I'm saying.
I have a competitive edge, I think,
because I'm not going to wreck people
on high APRs at the onset.
Everyone is going to be so hurt
by all these other chains.
They'll come to my chain knowing
that we bypass that by not
offering any aprs so so joe chain is not going to be inflationary i think i like the idea of
one validator one validator who doesn't get paid by the way so the validators one validator if the
validator wants to get paid they have to launch an app on the chain and then they get paid via that app's activity so my
idea was to start the chain with all the joe tokens in a wallet and as people bridge in a
percentage of what they bridge in automatically gets paired with joe and drop into a liquidity
pool so none of the tokens get distributed um and none of the tokens are emitted because there's no need for inflation because the validators are going to work for free.
So I see Q's got his hand up.
I guess he's got something cute to say.
Yes, have you considered taking your Joe and burning it into dough and pairing it with the Joe.
Burnt Joe.
I like, I like Pupmos's, uh, or Timmy who came up with it.
The, the liquid steak tokens were called wet Joe.
So it looks like we got somebody, uh, Gus is trying to pop up as a speaker,
and we got Snails.
Get our buddy up there.
Snails has come up, but he hasn't said anything.
So, Snails, if you can say hello.
Gus, I tried to send you the mic.
I don't know if we have too many speakers.
If we do, I'm sorry.
I'm not sending anybody co-host.
Joe, Joe, you got to do some type of airdrop joe
no besides joe what do you mean because airdrops should be done by the applications if the
application i know you hate i know you hate airdrops i know you hate no i i don't hate
airdrops i hate free tokens i hate free tokens because if they're free they have no value
so like how is it that half the tokens are free and then the other half people have to pay for
it doesn't make any sense so i don't like free tokens and one time i okay i posted something
like that a long time ago on on twitter i said at the moment an airdrop is given the tokens have no value or something like
that and sonny got fucking really mad he's i forgot what he said but he like tried to correct
me but then what what i was saying didn't really make sense and what he was saying didn't really
make sense so it was just like a a long reply to to a dumb post i'm having trouble understanding all this could you could you repeat your plan in cito's
accent i think that would help me yo joe chain is launching and everything is crazy don't miss out
on the newest chain all right whatever his song is his song is like the song from the bar in Star Wars.
Right?
That's like his intro song.
I got Ray Raspberry to laugh.
That's how I know it was funny.
I was just thinking of the...
So still, as you came up here, you grabbed him.
Oh, sorry.
I was just going to say, I'm thinking of like
the Star Wars cantina in Dubai.
That song playing in there.
Yeah, I hopped up because you were talking about dust from Africa.
And I wanted to make a comment about dust from Africa.
It's actually the reason why the Amazon is so fertile is mostly because of the dust from Africa.
You can trace the isotope signatures of the dust from Africa.
It blows up into the air and shit, and then it falls in South America.
So it's pretty cool.
But do they bless the rains how did how so you're saying that the dust from the desert gets dispersed via the weather and then but it's good it's good for
the overall soil content yeah you know it's um interesting the dust is high in minerals, so it just gets blown up.
It's got electrolytes.
That's what plants crave.
It's basically electrolytes.
So like when a volcano erupts, right?
Some of that ash is actually really good for the soil.
Everyone dies, but the plants are like, you know, it's a trade-off.
Yeah, for sure. It's worth to save the plants are like you know it's a trade-off yeah for sure it's worth to save the plants yeah that's good for the museum industry in like 2 000 years after it happens do you guys know about the uh like yellowstone right yellowstone park is like
the biggest active volcano on uh on planet earth it's beautiful so i used to live two hours if you're
bored ever google like a simulation of what happened the last time that it erupted and you'll
be like holy crap like if that happens again it's like a mega volcano underneath it right it's so
big that there is no cone because it just it blew up completely and it sent dust and ash all the way to like southeast states like
mississippi alabama georgia like that's how far the the um volcano spewed debris
the last time it exploded
yeah you won't have that was a very long time ago though it was like
less than 500 000 years ago which i guess is a long time between Eruptions
You know
At least we have hot springs over there
Alright
So I had to give Gus the co-host
So he could come up because we had too many
Speakers
Gus is a co-host
Gus probably co-hosted or hosted
I'll hop down
Goodnight Whoa whoa whoa Gus is a co-host. Gus probably co-hosted or hosted. I'll hop down. Good night.
Whoa, whoa, whoa. Chill out, snails.
Ain't nobody kicking you out. Just relax.
Hello, you fine people.
Snails, I got nothing against you.
I hope you have nothing against me.
That was good, man. I'm just here to listen.
Baby, come back.
I'm just here to listen, so I requested a co-hosting
status.
I'm hurt. Snails just here to listen, so I requested a co-hosting status. Yeah, yeah, yeah.
I'm hurt. Snails just left. No, I sent it.
I sent it to him. Snails, I'm going to send him.
Let's see what he says.
I'm a terrible host, but co-host, you know,
it's your space. You don't have to be in my show.
Gus, shut the fuck up.
Hey, love you too, whoever you are.
Hold on. This is the Joe show, man.
Snails won third place in a hackathon today nobody said
please or thank you did he really yeah oh my god snails
come on snails oh man it's like someone's birthday and then you forgot it was their birthday snails
come back how did we run out of speaker slots?
I thought you could have eight speakers.
I don't know.
I kept sending speaker to Gus, and it wasn't accepting.
So then I kicked Mayor out into listener to see if it would send Gus out.
But it didn't work anyway, so I was like, oh, fuck it.
So then Mayor came back in, and then I gave Gus the co-host.
And now that you gave me co-host, we found out it worked.
I'm going to leave.
I'm going to go back to listener.
We found out it worked.
Experiment was a success.
See ya.
No, no, no.
Gus, you don't have nothing to talk about.
I just mowed the lawn, man.
I have no brain.
I got to take a shower anyway, so I'll just listen to you guys.
You're the guy that mows the lawn at night, huh?
Yeah, I do other things at night, too.
Gardening. All sorts of weird shit. Well, you're nocturnal. You're no guy that mows the lawn at night, huh? Yeah, I do other things at night too. Gardening. All sorts of weird shit.
Well, you're nocturnal.
You're nocturnal.
Yeah. No sauce tonight, though.
So how do you see the
plants?
Oh, jeez. You really took me literally, didn't you?
I think you need a drink.
I'll let you guys talk.
I'll go.
Congratulations, snails.
You want to tell us about this hackathon, third place?
Yeah, really.
Let's hear it.
I guess.
Maybe next time.
Yeah, that's it hey joe what's up are you gonna buy a bad kid i hear they're on sale no
they're almost they're almost down to the price that i sold mine at originally
that's like definitely something mayor ed would like i'm nervous i'm just i want to know what's
going to happen to all the NFTs.
Trading has almost halted the last couple months.
Oh, man.
It's scary.
I've spent a lot of time working on getting Bridgeable.
Are they going to fucking burn me?
I'm stuck on Adam.
We just left Adam.
That's dumb as fuck.
Can I lay out some alpha here?
We're recording, so maybe I shouldn't.
Okay.
There are other options.
I mean, this is your show, Joe, so you decide.
There are other options, viable options, that do not include Cosmos.
Put it that way.
From a marketing and business development,
don't you think like this is a major
like nightmare the way that they're handling this it's like you just and i know like when
you're talking about nobody's paying attention i know but it's like for the nft holders they're
just stuck in this quasi like what the heck's going on you know and it's just it's it's forcing people to hodl because nobody's the latter nobody's
buying no one why why would i want to buy a nft on stargaze right now like why why would i want
to even mint the collection what why would you want to be in cosmos right now oh god you guys
are making me sad i know can we real quick okay listen the original name of the show was the
seashells the three seashells so i went back and i was like you know i kind of wanted to see what
this three seashells was about and you know i was being accused of you know hanging out with robo
too much because of my response so i'm gonna show you what they say the seashells are for here go for it it says in the movie the seashells
serve as a metaphor for the importance of intuitive design and usability and product creation they
they represent three distinction distinct functions flushing cleaning and drying it's
akin to the bidet system however sylvester stallone humorously revealed in a 2006 interview that the seashells
actually function involves holding two seashells like chopsticks and pulling gently and then
scraping with the third. You're welcome. Hopefully Taco Bell does not win the fast food wars
because we're going to need like six seashells
if you ate taco bell you wouldn't need any seashells what are you talking about
i haven't had taco bell in so long the last time i had taco bell i spit it out i was like i can't
eat this it's just not food no i haven't had taco bell in years many many many years
it does not taste right i had mcdonald's
taste like it's supposed to i had mcdonald's six years ago and i only ate a french fry
if someone else had it and shared their fries with me so i like two french fries and in less
than five ten minutes i had a migraine that like one of my eyes couldn't open isn't that crazy
you know that's okay so that is crazy because i don't i hate i hate
fast food but i had to go to ottawa yesterday because um my friend's dog was put down um and
so i was you know joining her for the trip and we went to wendy's to eat the wendy's in canada
holy shit it's like real food like i i can't eat Wendy's. Like I'll get a stomach ache. I'll
get a headache. It's too salty. It doesn't taste right. It's like, I can't eat it. But when I went
to the Wendy's in Canada, their, their barbecue sauce doesn't even have corn syrup. All barbecue
sauces in fucking America have corn syrup. No, I was able to dip my nugget that was made with real chicken into delicious barbecue sauce and enjoy it in Canada.
That was the best fast food that I've ever had in my life.
I think the corn syrup issue is not like, I think it's misunderstood.
I think the problem with corn syrup in every food is that the United States is not allowed to import a certain amount of sugar cane. So they have to use corn syrup because the rules are stupid.
Protectionist for the sugar cane, sugar beet growers and crystal sugar in North Dakota and the upper Midwest.
And they can't meet demand right so well they use corn to meet demand
they turn all the corn into high fructose corn syrup yeah and by the way i put two uh my favorite
content creators work up in the nest if you guys want to uh give them a follow they're really good
just to touch on the mcdonald's thing did you guys see it's old news
now but that remember morgan spurlock did that documentary supersize me yes he died oh yeah he
got very sick well you know he died yeah he's dead i think he i think he died i think i think that um
he he destroyed i don't know if he died from that, but I know that he had lasting effects for almost a year.
Do you know why all of his shit was really weird in the documentary?
I know exactly why.
It's because he was a raging alcoholic.
Is that really the reason?
Yeah, that's really the reason.
His liver enzymes were elevated for eight months after the 30-day McDonald's time.
He was drinking
a bottle of whiskey every day
or whatever. He was
super alcoholic.
Vaccines are killing the children
and alcohol in McDonald's
is illegal in
48 Western countries.
But in the United States,
we force people to poison themselves with
mcdonald's and alcohol
yeah that just came out i think a couple years ago because yeah i thought he died of uh
he died of liver disease cirrhosis overdose
complications from cancer at the age of 53 in upstate New York.
I'm sorry, I was Wikipedia-ing him real quick.
That's why I got quiet.
What was his name?
Morgan Spurlock.
Morgan Spurlock.
Morgan Valentin Spurlock.
It also says he had some sexual misconduct apparently.
Woody Boo.
It gets lonely up there, I bet.
Get your McDonald's
in your bottle of
Paul Harper.
Who can resist?
I watched the one with the Australian guy
made a similar like
like the opposite documentary where he was already all all messed up on medication and then he
decided to just not eat for like a month and all he did was drink um smoothies did you ever see that
one that was a fat sick and nearly dead that one i didn't see that one yeah he was on all this like
medication for autoimmune and he was like 100 pounds overweight so he just made a documentary
about himself um he kept like a juicer in his car and he just drove around and bought fruit and made
juice and and uh smoothies and he probably died too. Did he die?
No, he died
because like, remember that lady that only
ate vegetables? She was like a veg
I mean, sorry, a fruititarian
and then she just died from like
starvation. That's not healthy. Yeah, you can't
That's not right. Humans can
digest vegetables, but we're not supposed to
eat that much. Like our digestive
system is not meant to eat like
tons of vegetables and a lot of vegetables
have um
have chemicals in them that
are designed to like make us sick
so it's you can't
do that beef
it's what's for dinner and
snails how you doing little escargot
what was i supposed to talk about i've been supposed to you're supposed to brag about your uh
third place what am i supposed to talk about oh stop it and just do it already snails give it to
us tell us about the hackathon we got third for um in the Czech hackathon, they do decentralized identity, self-sovereign identity
with verified credentials.
So our bot does, or our AI agent does education,
moderation, and support.
So it can basically do entire community management
all through the snails community.
Then we have a trust registry that we issue credentials to
and that gives you more rights
as you go through the education processes.
We have peer-to-peer support
so the AI agent can read transaction hashes
um it does a lot yeah so it's pretty cool what software did you use to build out your ai agent
what software like the the model like is there an existing platform that used or
everything is from scratch everything's from scratch so it uses grok need to
figure out where to put it for them it just uses test that so it reads it can
analyze videos blogs and Twitter spaces.
So it extracts the, currently it extracts two frames per second for videos.
So like a five minute video generates like a 780 page report.
And that's just like a frame by frame analysis of the video and then all the audio.
It's just like a frame-by-frame analysis of the video and then all the audio, and then it creates a conversational quiz that you can take to earn a verified learning credential.
How does it run? Is it like a browser extension?
Telegram is Discord bot.
So it's a tool to distribute our content and then help community managers, but it turned into, Snails can,
we could run your whole community.
So it only runs in Telegram or Discord,
but then you could license it out.
Let's say someone wants their own,
and they maybe want to tweak it. You could supply that.
Yeah, so any chat can invite it
it'll be paid to invite it to communities but it should be
pretty cheap and then as far as like what features
so there's five different moderation features
there's trusted group admins and then there's like the
specific chat admin so if you were to invite it to
coffeehouse it would issue all the admin's credentials,
and then you could issue credentials.
Like, I'm not an admin, but you could issue me a credential,
and I could delete spam.
So that's the trusted community members.
Then there's another trusted layer above that
where it gets more into the community community management of like pinning
issuing credentials and
like different moderator
rights so like the
your trusted community member is really just your
making like
flag post or
delete it but they can't ban people
so there's different tiers we'll have to
tweak it but the bot itself you can you could drop video into the telegram a link to a video
and then you could instruct it like hey can you it's a five minute video can you um
review this content and create a quiz or can you review this content and point out mistakes and it will do it from inside the Telegram?
For accuracy.
Right now it just pulls the video from Jackalpin.
So the idea is that when our publishing DAO publishes content,
it's stored on Jackalpin.
So it's just a nightly check to our jackalpin account for content that's
not there but i can trigger it trigger it manually um it's like two dollars and fifty cents an api
cost to to process the a five minute video um i don't i don't think we have any two frames per
second that's kind of excessive but i think there's scenarios two frames per second. That's kind of excessive.
But I think there's scenarios where it makes sense.
But it's flexible.
You can just plug in the frame rate.
So, yeah, we can.
Who got second if that was only third place?
What did they make?
I'm not exactly sure what they do.
But some of them were impressive.
So there's two tracks maybe maybe it was the guy that had the uh the quantum particle transporter or whatever the hell we were talking about before
yeah i only brought it so far um so it's only testing it and then some features don't work
just because we're kind of rebuilding the project from scratch so this is
going to be a if you build an ai agent from scratch that taps you know social media apps
and blockchain apps and is is and can you know interact with videos content right you're pretty
much like in the top one percent of people that
know about ai agents because ai agents so far are just twitter accounts that argue with each other
and like posts like dumb stuff broken up by emojis so tell me if you think that i'm like way
off here because this is what i think about agents I think that like the next evolution of NFTs
are gonna be like entire collections of AI agents
where each one like NFT is a little bit different
and there'll be like a mint.
Like say there's a thousand NFTs are minting.
Each NFT is the code or the program
or the personality of the AI agent.
You mint it and you get what you get, right?
Every single one is different.
Different traits, different abilities,
different, maybe different costs
or whatever the case might be.
You could trade them on the market.
You get your NFT and then there's instructions
to like, you know, implement it into Telegram,
implement it into Discord and whatnot.
Do you think that that will work?
Or do you think that people are just going to build their own agents for what they need them for?
They're not going to be like a craze consumer product like NFT.
I think there's only a handful of good AI agents.
I couldn't really name any of them.
Most of them are just twitter
bots but what you just said i think that's a pretty crazy idea so um i think that's where it
can go because i i don't want to ever make an agent i don't know how to do anything with my
computer like i just don't but i want someone to make a collection of ai agents where where they
they just work for some purpose and i want to buy them like that's
i don't i don't want to make ai agents yeah one trait could be um you know like an asshole one
could be a redneck one could be a gangster and i'll talk differently yeah that's to be honest
it's like five load lines of code into what i have it's just really it's the same bot you're
just kind of tweaking its personality you could make a hundred of them as like you said professional
support moderators with a hundred different personalities and it's it's code. That could be the metadata of the NFT. And you just mint off a collection of 100.
And within each NFT, every time it gets used for something,
it might have to take a payment.
And then a percentage of that goes to the creator.
So there's no royalties on the marketplace.
on the marketplace the royalties are the use the usefulness of that of that um
that moderator that ai moderator i think you could do it i think i think if you're saying
you just have to tweak code you don't have to build it from scratch every time i think you
should try it but then it would have to be obvious on how people implement them into their their
different social medias like maybe some only work in
discord some only work in telegram but then like the super rare rare ones work in both you think
that's possible as nfts so they become a little more physical easier for someone like me to
to to grasp and like collect and use in trade yeah I think the easiest way to do it so we read on chain
transactions so if you have a failed transaction you can send it the hash and
it'll tell you why it failed and do it I need that I need like one of the three
different scenarios of why one that could read mint scan yeah ours does that so like the way to do it
I would think just in like
the JSON file on Stargaze
for example in the metadata
you would just add the personality trait
in the metadata so
you know the
agent is just querying
the JSON data,
and then that's what's giving it the personality.
You prompt it to have certain different types of personality.
I think that would be fun, too, if you gave it different personalities.
One is a redneck, one is a gangster,
one is a confrontational feminist, and like one is like...
Yo, can you make
one for AOC?
I want an AOC one.
Oh my god, that would be so funny.
Who's the new
left superstar? What's her name?
She's crazier than AOC.
Jasmine Crockett?
Nah, she's alright.
Jasmine Crockett, yeah. she's like super smart just manipulating
everybody i think yeah when you say you're reading minscan are you doing that through
the rest api or are you actually like scraping the rest apis yeah but but snails you understand what you can scrape the website i'm not i haven't figured that out yet
it will work that well yet no it's not really worth it but yeah we can i think you're onto
something here i think you could just start launching collections of AI agents. And I think, I think you could be, if you could figure out a way to do it to where like
someone like me can get an AI agent and, and deploy it because all the information's in an NFT
in my wallet, the instructions are somehow in the metadata. And if it doesn't take much to just like
differentiate, so you have literally non-fungible
ai agents just like people right people are non-fungible right most people and yeah that's
cool we're not launching any more collections you know maybe for fun i could help somebody out but
um there's i'm just saying if you could do this other stuff we're building and we could replicate
it like it would actually give users,
you would actually have users in Cosmos.
All the AI agents would be
going to the blockchain,
taking payments, using
Jackal, using Akash, whatever.
There would be more AI agent users than people users
in Cosmos.
My app will have more users than the Cosmos.
I hope so.
It's not hard.
250 pre-sales for Cosmoverse.
Right.
You'll probably appreciate it.
We're building a Nostra client.
Aren't you glad your name's not Cosmos Joe no more?
What are you building?
A Noster client? Have you ever heard of Noster?
I don't know what that is.
It's a decentralized social media platform.
It's like the Bitcoin version of social media.
Edward Snowden's talked about it.
Jack Dorsey is building his own client.
It's really cool.
We build out our own IPFS storage.
It's basically Jackal,
but the file tree structure uses.
It's called Nips.
They're the Noster implementation pieces. So they're kind of building
blocks that you can use and everything's connected to
Zapps, which are the Lightning Network.
I thought the decentralized social media
platform was Blurt.
The Noster stuff gets used.
There's at least there's legit 60,000 users on it each month.
I meant the Blurt platform.
Hey guys.
Well,
it's been a really great show.
I've really enjoyed myself.
This has been episode one of this.
This is how you end your spaces.
We're finding our groove.
We're going to find it next time, it sounds like.
Joe sent me a message saying he's got to go to bed.
It's getting a little late, guys.
Get the fuck out.
Drink half of that seltzer.
We got people over 40 years.
All right, guys, my parents are going to be home any minute.
You got to get out of here.
Take your empty bottle.
Joe, is there any closing thoughts?
Because this is the Joe show.
I could tell a joke.
You want to tell a joke?
Please.
All right.
I'll make it I'll make it a a quick one.
And if you're on speaker, it's fine.
It's kid-friendly.
So Robo walks into a bar.
And Jake Hartnell's the bartender.
There's a sign behind the bar.
It says, handjobs $5, grilled cheese sandwiches $10.
So Robo asks Jake, he says he says excuse me are you the one that that gives the hand jobs and jake hartnell says of course it's i'm the
one that gives the beginning huh
oh it was good it was good probably thanks right all right um no this was fun
i feel like i found my groove are you free next monday
bands or is this
have you had enough
i'm having a blast and i want to do this again do you want to do this again with me next monday
yeah yeah next monday yeah next
monday or sunday we'll decide but i think sunday monday night i'm good whatever yeah let's do
either sunday you know so this is gonna be a weekly show we're gonna have episode two we'll
decide on the um name later on this week but we'll have episode two and it'll either be on sunday
night or monday night i'd like to stick to Mondays because I don't know.
I like Sundays, you know, Monday nights to myself.
Yeah. Let's do Mondays. And then I'm pretty excited to see everybody again.
Did you guys enjoy yourselves?
Yeah, you did.
Yeah. All right, guys. Good night.
Yes. Good to catch up with you guys oh yeah this was fun and uh you know we'll see you next week later later
