1 00:00:00,320 --> 00:00:02,200 Yo-yo, yo, what up? What up? 2 00:00:02,200 --> 00:00:05,080 Good morning, Good morning. GMG. 3 00:00:07,840 --> 00:00:14,840 Thursday, February 6th, more like January 37th, 37th. 4 00:00:15,240 --> 00:00:18,480 January 37th, 2025. Look at that. 5 00:00:18,960 --> 00:00:21,320 Another beautiful day to have a beautiful day. 6 00:00:21,320 --> 00:00:24,520 I got my coast in the house. Tyler Mandel, good morning. 7 00:00:24,520 --> 00:00:26,120 Good morning. Good morning, good morning. 8 00:00:26,120 --> 00:00:29,000 How you doing today? GM, can you hear me? 9 00:00:29,600 --> 00:00:32,400 Yeah, we actually hear you very well today. 10 00:00:33,360 --> 00:00:35,080 Fantastic. Because you're speaking into the 11 00:00:35,080 --> 00:00:36,400 microphone. Love that. 12 00:00:36,440 --> 00:00:38,320 Look at that. We're going to get you on these 13 00:00:38,320 --> 00:00:40,240 SM7BS, bro. I've been trying, but I know 14 00:00:40,240 --> 00:00:45,440 Portugal's tough to to procure some new equipment, you know, so 15 00:00:45,440 --> 00:00:47,240 maybe I have to just bring it to in France or something. 16 00:00:47,920 --> 00:00:49,760 But you know, I got it. One of these. 17 00:00:49,760 --> 00:00:52,200 They're so smooth. I'll bring you one of these too. 18 00:00:52,200 --> 00:00:55,520 I go on for you too, Tyler. You know, rug radio box at the 19 00:00:55,520 --> 00:00:57,960 bottom. You know, I got him here, got 20 00:00:57,960 --> 00:00:59,120 him here. I got him here on my right. 21 00:00:59,120 --> 00:01:03,440 Tyler, how you doing today? I'm good bullish news is pours 22 00:01:03,440 --> 00:01:05,360 in. We we got a big launch today, 23 00:01:05,360 --> 00:01:09,720 but it doesn't matter. Coins are just slowly bleeding 24 00:01:09,720 --> 00:01:11,640 out every day. At least maybe this is the 25 00:01:11,640 --> 00:01:14,680 opposite of the last few weeks, where Thursday was the local 26 00:01:14,680 --> 00:01:17,800 high, then we were down. Maybe, Maybe. 27 00:01:18,320 --> 00:01:19,680 Does that mean we pump Mondays Now? 28 00:01:19,680 --> 00:01:22,240 I'm not mad at that. I think the weekends off, you 29 00:01:22,240 --> 00:01:24,600 know, could be, it could be pretty nice, I'm not going to 30 00:01:24,600 --> 00:01:27,960 lie. Anyways, today on the show today 31 00:01:27,960 --> 00:01:29,360 as usual. So market reports. 32 00:01:29,640 --> 00:01:31,720 Let's start with this market. I don't even know what they're 33 00:01:31,720 --> 00:01:34,080 saying with this market as it's chopping, but we'll we'll leave 34 00:01:34,080 --> 00:01:37,680 Manda to it. We have Tyler's top 1000 big 35 00:01:37,680 --> 00:01:39,440 launch date, Bear chain. Bear chain with main that this 36 00:01:39,440 --> 00:01:42,200 morning, very successful launch. It appears that it opened above 37 00:01:43,320 --> 00:01:45,040 what it went up with 1213 billion. 38 00:01:45,040 --> 00:01:46,680 Could be more, could be last right now, I have no idea. 39 00:01:46,680 --> 00:01:49,440 I have to look, but it's very successful launch on that front. 40 00:01:49,840 --> 00:01:52,160 We have a guest coming on today, Bread guy. 41 00:01:52,640 --> 00:01:55,560 Bread guy's coming to talk about mega ETH. 42 00:01:56,640 --> 00:01:58,720 Oh yeah, you saw the news couple days ago. 43 00:01:58,720 --> 00:02:02,040 They're all over the place, so really curious to ask him a few 44 00:02:02,040 --> 00:02:04,800 questions here about what's going on with that and and how 45 00:02:04,800 --> 00:02:07,360 to participate in how our listeners can best, you know, 46 00:02:07,360 --> 00:02:08,759 make the most out of mega E right. 47 00:02:09,199 --> 00:02:11,160 We definitely to get back and getting all this guess on. 48 00:02:12,200 --> 00:02:15,600 And then last but not least, of course, a robot loot box spin. 49 00:02:15,600 --> 00:02:17,240 Let's see who wins some money today. 50 00:02:17,360 --> 00:02:18,600 Hopefully you guys gonna win something. 51 00:02:18,600 --> 00:02:20,120 I'm gonna I'm gonna play around with the box. 52 00:02:20,120 --> 00:02:23,640 OK, during the show, try and see what I can do for you all on 53 00:02:23,640 --> 00:02:26,320 that front. And then this show is powered by 54 00:02:26,320 --> 00:02:28,960 Galaxies. Galaxies is a Web 3 platform 55 00:02:28,960 --> 00:02:31,360 empowering creators and brands to build unstoppable communities 56 00:02:31,360 --> 00:02:32,920 with full ownership and independence. 57 00:02:32,920 --> 00:02:36,440 Trusted by icons like Donald Trump, Steve Aoki, Mike Tyson 58 00:02:36,440 --> 00:02:39,600 and the NBA shaping together the future of engagement but also 59 00:02:39,600 --> 00:02:43,480 fair side every day we see people's wallets get wrecked get 60 00:02:43,480 --> 00:02:46,880 drained all right to fair site is about to launch a foul turnip 61 00:02:47,160 --> 00:02:50,640 to insurance for crypto scams. Check out fair site network on X 62 00:02:50,640 --> 00:02:53,440 if you get drained, you won't get wrecked. 63 00:02:53,760 --> 00:03:01,920 Bando, what's going on market? Who is the man's back of Daddy 64 00:03:01,920 --> 00:03:06,760 of the man. Can you dig it? 65 00:03:07,680 --> 00:03:12,160 Jam everyone. So let me just turn that down a 66 00:03:12,160 --> 00:03:13,880 little bit, a little bit too loud, I would say. 67 00:03:15,560 --> 00:03:19,840 Yeah, not a not a great day if you're in anything but Bitcoin, 68 00:03:19,840 --> 00:03:23,920 really Bitcoin is, it's kind of bounced for us, kind of 69 00:03:23,920 --> 00:03:25,600 unchanged from where we did the show. 70 00:03:26,920 --> 00:03:29,320 Unchanged, really. Yeah, Bitcoin dominance, though, 71 00:03:29,320 --> 00:03:35,120 is up to 62% basically. Now, it's not a pretty fucking 72 00:03:35,120 --> 00:03:36,400 chart, that one. Wow. 73 00:03:37,680 --> 00:03:41,040 If you're bullish on altcoins, this has been like a point of 74 00:03:41,040 --> 00:03:46,160 resistance, it seems. So maybe, maybe, maybe that 75 00:03:46,160 --> 00:03:50,600 turns around. But but that is the number one 76 00:03:50,600 --> 00:03:53,000 trend in crypto right now is the big condominance is going 77 00:03:53,000 --> 00:03:56,240 higher. The majors are holding up OK, 78 00:03:56,240 --> 00:03:59,400 even in that world. Like it's not like Ethan Solano 79 00:03:59,400 --> 00:04:02,560 are down a lot. They're just kind of down a 80 00:04:02,560 --> 00:04:06,240 little bit maybe, but it definitely feels like Bitcoin is 81 00:04:06,240 --> 00:04:08,480 taking the majority of the liquidity and crypto. 82 00:04:08,480 --> 00:04:12,680 And then I think this is Billish headlines for for Bitcoin a lot 83 00:04:12,680 --> 00:04:16,399 now, like again, another state looks like it's going to New 84 00:04:16,399 --> 00:04:19,040 Mexico, I think pass some sort of Bitcoin reserve or it's going 85 00:04:19,040 --> 00:04:23,600 to have a Bitcoin reserve bill. But up for for vote now the 86 00:04:23,600 --> 00:04:31,000 check the check central bank policy passed and now they're 87 00:04:31,000 --> 00:04:34,680 now moving towards putting some of their reserves into Bitcoin. 88 00:04:35,360 --> 00:04:38,680 And this is also a world where gold is hitting all time highs 89 00:04:38,760 --> 00:04:42,800 as well. Just on the on the back of, you 90 00:04:42,800 --> 00:04:46,720 know, worries about trade wars, just worries about stocks in 91 00:04:46,720 --> 00:04:50,680 general. So Bitcoin is holding up very, 92 00:04:50,680 --> 00:04:57,280 very well and versus versus the rest of the market, it is a bit 93 00:04:57,280 --> 00:05:00,840 of a bloodbath. I would say actually it's more 94 00:05:00,840 --> 00:05:03,760 than just holding out well like we have. 95 00:05:03,880 --> 00:05:07,560 I show you your tweet this morning, Tyler, which is like 96 00:05:07,560 --> 00:05:11,960 $45 billion of meme coin market cap has been erased in three 97 00:05:11,960 --> 00:05:15,280 weeks, which is kind of wild. The cookie. 98 00:05:17,320 --> 00:05:22,800 What? Yeah, Cookie dot Fun has has AI 99 00:05:22,800 --> 00:05:27,000 memes obviously, or AI agents going down to six, just above 6 100 00:05:27,000 --> 00:05:28,960 right now. And that's where the majority of 101 00:05:28,960 --> 00:05:30,760 the losses are. If I look down the list, like 102 00:05:30,880 --> 00:05:37,280 AI16Z is actually hitting like new lows versus where it was on 103 00:05:37,280 --> 00:05:43,400 the weekend. Same for Ark Griffane AXPT, like 104 00:05:43,560 --> 00:05:48,160 we're basically at or through the lows that we saw on the big 105 00:05:48,160 --> 00:05:50,720 liquidation wig, so. Griffin's 140. 106 00:05:51,720 --> 00:05:58,960 If you decided to buy AI on the dip, yeah like far coin down to 107 00:05:58,960 --> 00:06:04,000 450 virtuals is holding on to $1.00 but feels like it go below 108 00:06:04,000 --> 00:06:06,640 that any moment. Zero bro 45. 109 00:06:08,760 --> 00:06:11,360 Yeah. Like we are, we are breaking out 110 00:06:11,360 --> 00:06:13,240 to new lows across the board. There. 111 00:06:13,240 --> 00:06:17,080 Wow. Yeah, yeah, pretty, pretty wild, 112 00:06:17,600 --> 00:06:22,080 I would say because it felt for for a short while at least that 113 00:06:22,080 --> 00:06:25,920 that was going to be the strongest sector on the bounce 114 00:06:26,200 --> 00:06:28,120 or amongst the strongest sectors in the bounce. 115 00:06:28,120 --> 00:06:35,000 It now really doesn't feel good. And it's it's not just the 116 00:06:35,000 --> 00:06:38,440 utility coins as well, like far coin like I said, which is which 117 00:06:38,440 --> 00:06:43,360 has really been the the coin of the last few months, right. 118 00:06:44,280 --> 00:06:48,920 I mean that was at 2.7 billion, now it's at 450 million and 119 00:06:48,920 --> 00:06:50,880 that's. Yeah, it's wild. 120 00:06:51,720 --> 00:06:55,120 That is, that is wild. That's a goat like candle right 121 00:06:55,120 --> 00:06:58,760 there. What a dip, jeez. 122 00:06:58,840 --> 00:07:02,360 Wow, 80% from tops. That's not even the top, right. 123 00:07:02,360 --> 00:07:04,080 The top was actually. Yeah. 124 00:07:04,080 --> 00:07:07,000 But I mean it was 7. It's, it's flashed there. 125 00:07:07,000 --> 00:07:10,520 But yeah, we could count it from there if you want 82%. 126 00:07:11,080 --> 00:07:16,200 Yeah, see a pretty wild move across the board. 127 00:07:17,360 --> 00:07:20,840 Meme coins are are also lower, but they they'd obviously been 128 00:07:20,840 --> 00:07:23,920 decimated kind of before that already. 129 00:07:23,920 --> 00:07:27,280 I think AI held up and is now seeing very similar sort of 130 00:07:28,120 --> 00:07:31,560 price move lower that we maybe saw in meme coins a month or two 131 00:07:31,560 --> 00:07:35,280 ago. So yeah, like even Pepe for 132 00:07:35,280 --> 00:07:38,760 example, it's kind of under has lost a digit there which isn't 133 00:07:39,160 --> 00:07:41,920 or gained a good digit even which isn't, which isn't a good 134 00:07:41,920 --> 00:07:43,640 luck. The strongest bits of the 135 00:07:43,640 --> 00:07:46,320 market, there's not a lot out there today. 136 00:07:46,760 --> 00:07:49,160 Even the revenue producing protocols are lower. 137 00:07:49,280 --> 00:07:54,800 Hype is back down, 24 JLPS obviously held up OK, but 138 00:07:54,800 --> 00:07:57,960 slightly different sort of protocol gaming meme coins have 139 00:07:57,960 --> 00:08:01,400 been relatively strong. It's the story of today is 140 00:08:01,400 --> 00:08:04,560 literally the the gaming meme coins. 141 00:08:04,560 --> 00:08:07,800 So funny I was looking. Tron is probably the the 142 00:08:07,800 --> 00:08:12,400 strongest L1 at the moment, which isn't Bitcoin. 143 00:08:13,400 --> 00:08:15,480 Obviously that's making a ton of money too, and we've spoken 144 00:08:15,480 --> 00:08:17,880 about that several times. Wow, wow, wow, wow, wow. 145 00:08:17,880 --> 00:08:20,800 Look, that's carnage. Carnage, carnage. 146 00:08:20,800 --> 00:08:24,600 Carnage and the odds Carnage. Yeah, it's definitely weak, 147 00:08:24,960 --> 00:08:27,400 definitely weak out there. I think a lot of people are just 148 00:08:27,400 --> 00:08:32,520 like, well, if this is going to be a six month chop, I don't 149 00:08:32,520 --> 00:08:36,400 want to own anything but Bitcoin you. 150 00:08:36,480 --> 00:08:38,679 See this thing? Where is it? 151 00:08:39,080 --> 00:08:41,320 I continue to like the revenue reducing. 152 00:08:42,520 --> 00:08:46,320 Oh, see this, it's, it's, it's, that's just the general sense of 153 00:08:46,320 --> 00:08:48,880 stuff. So Bitcoin dominance, Bitcoin 154 00:08:48,880 --> 00:08:51,680 dominance just doesn't look like it's being questioned. 155 00:08:53,280 --> 00:08:55,240 No, it's. Maybe a point of resistance 156 00:08:55,240 --> 00:09:00,360 here? The like to get above 62 but. 157 00:09:01,240 --> 00:09:03,720 But it's what's this wig here? This is so nuts. 158 00:09:03,800 --> 00:09:04,960 Look at this this. Wig. 159 00:09:04,960 --> 00:09:06,720 That was when Eve went down to 2000. 160 00:09:07,360 --> 00:09:11,640 It was the flash. OK, wow, what a let's look at 161 00:09:11,640 --> 00:09:17,160 total 3 chart real quick, which is Bitcoin total three. 162 00:09:17,160 --> 00:09:21,600 If there's a noise every it's a it's the crypto total market cap 163 00:09:21,600 --> 00:09:24,080 excluding Ethereum and and bitcoins. 164 00:09:24,080 --> 00:09:26,480 It's the altcoin chart. And Solana, right? 165 00:09:27,760 --> 00:09:31,720 Close and so right or is it OK? And so, yeah. 166 00:09:32,720 --> 00:09:34,240 Yeah, that's total three. That's total 2. 167 00:09:34,240 --> 00:09:35,600 Yeah, total three. Yeah, total three. 168 00:09:35,600 --> 00:09:37,200 Yeah, sorry. And Solana. 169 00:09:37,200 --> 00:09:41,080 So this is what it's at. Wow. 170 00:09:41,280 --> 00:09:43,280 Yeah. And that doesn't look terrible 171 00:09:43,280 --> 00:09:44,960 to me. Doesn't look terrible. 172 00:09:45,000 --> 00:09:47,080 It could look bottomed out to me, but I hate calling bottoms, 173 00:09:47,080 --> 00:09:48,440 you know what I mean? Like, it's like a dangerous 174 00:09:48,440 --> 00:09:50,560 thing to do here. We just look at all charts and 175 00:09:50,560 --> 00:09:52,200 are bullish though guys, that's the thing. 176 00:09:52,680 --> 00:09:55,840 And I I can we pull up. Some bullish charts please for. 177 00:09:56,160 --> 00:09:56,640 What? What? 178 00:09:56,640 --> 00:09:57,920 What bull? I mean, yeah, I could. 179 00:09:57,920 --> 00:10:01,080 Pull you a Bob chart. Here I'll pull you a bullish 180 00:10:01,080 --> 00:10:02,560 chart. Yeah, Bitcoin looks OK. 181 00:10:03,040 --> 00:10:05,600 I'll pull you the most bullish chart in crypto, literally. 182 00:10:05,600 --> 00:10:09,480 So this is the range that you know, this is the infamous range 183 00:10:09,480 --> 00:10:11,000 that we're in. We're literally halfway. 184 00:10:11,160 --> 00:10:15,360 We're in mid range right now. This is a bullish chart. 185 00:10:15,400 --> 00:10:16,600 You want to buy the bullish chart? 186 00:10:16,600 --> 00:10:18,000 Pull up the fucking bear chain chart. 187 00:10:18,480 --> 00:10:19,960 Bring up Bitcoin dominance. That's a bullish. 188 00:10:19,960 --> 00:10:22,240 Chart You want a bullish chart? Here's your bullish chart. 189 00:10:23,120 --> 00:10:26,680 JLP. Is JLP bullish chart? 190 00:10:27,640 --> 00:10:29,360 Always let. Me see? 191 00:10:29,920 --> 00:10:32,720 Oh it's a 44% APY D. Jens are gambling dude. 192 00:10:33,080 --> 00:10:34,680 I love it. You guys should have used perfs 193 00:10:34,680 --> 00:10:37,360 on J on Jupiter. JLP is on is on trading view by 194 00:10:37,400 --> 00:10:39,040 the way, if you want to find it. Oh, it's true. 195 00:10:39,040 --> 00:10:40,400 Why do I always go there to look? 196 00:10:40,400 --> 00:10:43,120 I don't know, I guess because on the main website here it is a 197 00:10:43,120 --> 00:10:44,840 bullish. I mean, yeah, this is a bullish 198 00:10:44,880 --> 00:10:46,440 chart. Here you go, bullish chart this 199 00:10:46,440 --> 00:10:49,600 SPXSNP chart. That's good. 200 00:10:50,200 --> 00:10:51,920 That's good. What else? 201 00:10:51,920 --> 00:10:53,080 What? What bullish chart do you want 202 00:10:53,080 --> 00:10:54,080 me to pull up? I'm I'm. 203 00:10:55,600 --> 00:10:58,520 If you want. Yeah, I'm sticking to BTCD. 204 00:10:58,520 --> 00:11:01,800 It's just for the look of it. So we had Bob Lucas share. 205 00:11:01,800 --> 00:11:04,120 Give us some hope in this. This morning he said that he 206 00:11:04,120 --> 00:11:05,840 thinks. Mike Quant. 207 00:11:05,840 --> 00:11:10,000 Quant will continue to range chop down, probably see like 88 208 00:11:10,920 --> 00:11:14,920 over the next three weeks before resuming a leg up. 209 00:11:17,800 --> 00:11:21,440 We're getting there, dude. So we'll, we'll see. 210 00:11:21,600 --> 00:11:24,000 He, he lays out a couple paths. Basically one will reach up, up 211 00:11:24,000 --> 00:11:26,280 and one will reach up, down. I feel like consensus is 212 00:11:26,480 --> 00:11:30,440 definitely that we chop down. Consensus is definitely that we 213 00:11:30,440 --> 00:11:33,160 worked out. Everybody wants that. 214 00:11:33,160 --> 00:11:35,800 Apparently everyone in the timeline just wants Max Payne. 215 00:11:35,800 --> 00:11:38,920 One my meme coin tweet. You'll never find a group of 216 00:11:38,920 --> 00:11:42,960 people who want to see an entire sector go to 0 like like you do 217 00:11:42,960 --> 00:11:45,040 in crypt. What so which tweet is this? 218 00:11:45,040 --> 00:11:47,240 Because I, I got your notifications on dude, but you, 219 00:11:47,440 --> 00:11:49,640 you do tweet a lot. So I'm trying to find. 220 00:11:50,320 --> 00:11:51,440 There it is. The next one, yeah. 221 00:11:52,600 --> 00:11:56,480 D $44 billion. That's why people are not happy 222 00:11:56,480 --> 00:11:58,440 on the timeline. People are like, oh, bitcoin's 223 00:11:58,440 --> 00:11:59,840 up like why is nobody happy dude? 224 00:11:59,840 --> 00:12:02,440 This is why, like, everybody's in this. 225 00:12:03,080 --> 00:12:05,160 Half of my comments are send it all to 0. 226 00:12:05,280 --> 00:12:07,760 It's like, OK, like you want Dogecoin to go to 0 like you 227 00:12:07,760 --> 00:12:11,400 want Pepe to go to 0 like. Yeah, I agree. 228 00:12:11,400 --> 00:12:14,040 I I, I could agree with that. Fuck this guy does make a good 229 00:12:14,040 --> 00:12:14,560 point though. I. 230 00:12:14,560 --> 00:12:17,280 Didn't see any upnl screenshots for the most part. 231 00:12:23,120 --> 00:12:27,200 Dude just go ask watch King if he had his best month or not and 232 00:12:27,200 --> 00:12:29,200 he'll tell you he had his best month in business. 233 00:12:30,320 --> 00:12:34,920 Watching UPNL, that's people who sold and then took their cash 234 00:12:34,920 --> 00:12:37,000 into watches well. What does that mean? 235 00:12:37,000 --> 00:12:39,440 Right, I don't. Isn't that a top say that you 236 00:12:39,520 --> 00:12:44,560 think? Yeah, anyways, clearly it's it's 237 00:12:44,560 --> 00:12:49,520 down a lot from from top. Pull us back to Bitcoin. 238 00:12:51,680 --> 00:12:52,840 We got some breaking news. Brooke. 239 00:12:52,840 --> 00:12:54,640 I sent you a couple links. Did we? 240 00:12:55,320 --> 00:12:58,960 So this morning we saw that Trump media had filed trademarks 241 00:12:58,960 --> 00:13:04,120 for these for these ETS, Bitcoin Plus Made in America. 242 00:13:04,120 --> 00:13:07,240 But now there's more information, it looks like they 243 00:13:07,240 --> 00:13:11,720 are actually plan like have plans to launch these, which I 244 00:13:11,720 --> 00:13:15,200 think is the logical conclusion, but we have that next detail. 245 00:13:15,200 --> 00:13:21,120 So a made in America ETF, Bitcoin plus and then US energy 246 00:13:21,120 --> 00:13:24,200 independence. I don't what is an SMA? 247 00:13:24,200 --> 00:13:25,480 I'm not actually familiar with that. 248 00:13:26,560 --> 00:13:29,120 Oh, separately managed accounts. Yeah, I'm not, I don't know what 249 00:13:29,120 --> 00:13:34,040 that is. I'm curious what Bitcoin plus 250 00:13:34,040 --> 00:13:35,160 is. Is it Bitcoin plus ETH? 251 00:13:37,680 --> 00:13:40,920 I think it's Biz Plus Plus Made in America and I don't know if. 252 00:13:41,160 --> 00:13:43,400 Interesting. Isn't it Bitcoin Trump to 253 00:13:43,400 --> 00:13:46,800 actually get into the ETF game? Yeah, bro, did you see here 254 00:13:46,800 --> 00:13:48,800 Tyler summed it up this morning. Hold on, let me get it to you. 255 00:13:48,800 --> 00:13:51,480 But it's it was an interesting announcement that came out this 256 00:13:51,480 --> 00:13:53,400 morning again on the bullish headlines, right? 257 00:13:53,400 --> 00:13:57,040 But it's basically this. The registered trademarks 258 00:13:57,040 --> 00:14:00,120 compromised comprised with the following Truth .5 Made in 259 00:14:00,120 --> 00:14:03,880 America ETF, Truth .5 Made in America SMA, Truth .5 US Energy 260 00:14:03,880 --> 00:14:07,880 Independence ETF, Truth .5 US Energy Independence SMA, Truth 261 00:14:07,880 --> 00:14:13,000 .5 Bitcoin Plus ETF, and Truth .5 Bitcoin plus SMA. 262 00:14:15,800 --> 00:14:17,320 That was all breaking news this morning. 263 00:14:17,880 --> 00:14:20,960 So looks like Donald Trump's launching meme coins. 264 00:14:20,960 --> 00:14:23,880 I'm sorry ETF, I have meme coins in my head. 265 00:14:25,000 --> 00:14:26,880 But he did that too, so. And he did that. 266 00:14:26,880 --> 00:14:30,120 Sorry, he already did that. That part I. 267 00:14:30,120 --> 00:14:33,000 Know it's the big one like if you look at coin market cap 268 00:14:33,000 --> 00:14:37,920 they're made in USA sector as XRP Seoul USDC doge. 269 00:14:39,160 --> 00:14:44,000 USD is going to $5. I think sweet Avax interesting 270 00:14:44,000 --> 00:14:46,920 they don't have Trump on here. If Doge is on there, I think 271 00:14:46,920 --> 00:14:51,560 Trump's going to be in. There, can we bring up cookie 272 00:14:51,560 --> 00:14:52,520 dough fun? No. 273 00:14:52,520 --> 00:14:58,200 Trump's here. Trump's here, Trump's here. 34 274 00:14:58,200 --> 00:15:01,240 on Made in America. I don't want to bring up cookie 275 00:15:01,240 --> 00:15:01,800 dot phone. Yes. 276 00:15:02,160 --> 00:15:05,040 Like why do we have to do that? I want to have a look at like 277 00:15:05,040 --> 00:15:06,880 what we actually think about this sector right now. 278 00:15:07,240 --> 00:15:08,800 No, it's good. We were covering it a lot. 279 00:15:08,800 --> 00:15:10,120 We should talk about it. I mean it all went. 280 00:15:10,120 --> 00:15:11,720 I just want to put it, put it out there. 281 00:15:11,720 --> 00:15:14,800 It all went downhill when mother fuckers started calling it D5. 282 00:15:16,400 --> 00:15:19,080 Yeah. That was the absolute 283 00:15:19,760 --> 00:15:24,280 generational top of AI coins when you all started using the 284 00:15:24,360 --> 00:15:26,240 word default. Look at the seven day on some of 285 00:15:26,240 --> 00:15:31,080 these man like these are you couldn't like you couldn't get 286 00:15:31,080 --> 00:15:33,280 some of these coins fast enough about a month ago. 287 00:15:34,920 --> 00:15:37,600 Wow. It's a lot like, I'll admit, 288 00:15:37,600 --> 00:15:41,600 like I I called my thought was the the capitulation event on 289 00:15:41,600 --> 00:15:43,440 Saturday. It looked, it looked like 290 00:15:43,440 --> 00:15:44,880 capitulation. Saturday, Tyler. 291 00:15:45,080 --> 00:15:49,320 Now they're all lower, yeah. Extended the The market will not 292 00:15:49,320 --> 00:15:51,080 rebound until Bernie's back from Mr. Cruz. 293 00:15:51,680 --> 00:15:54,360 I think there. Wasn't 60% in a week? 294 00:15:54,600 --> 00:15:57,320 Pardon me having. Who It's like 50 to 60% in a 295 00:15:57,320 --> 00:16:01,480 week on top of that kind of happening the week before. 296 00:16:02,760 --> 00:16:06,760 I mean like the bully, the bully token peaked at 250 million or 297 00:16:06,760 --> 00:16:07,720 something. It's at 8. 298 00:16:08,760 --> 00:16:11,320 Like we're not talking about 80 or 90% like we're we're talking 299 00:16:11,320 --> 00:16:13,800 about like. 90 it's at 6 now actually. 300 00:16:17,080 --> 00:16:21,440 Wow. And they've got that's supposed 301 00:16:21,440 --> 00:16:22,840 to roll out. I think they they missed their 302 00:16:22,840 --> 00:16:27,840 deadline on it. Wow, I mean this is the saddest 303 00:16:28,160 --> 00:16:31,240 chart looking indexer you've ever built. 304 00:16:31,800 --> 00:16:35,080 Even the people who thought that there was a somewhat popular 305 00:16:35,080 --> 00:16:39,320 take that people called a top and said all the vapor Ware 306 00:16:39,320 --> 00:16:42,200 stuff is going to go down to 0 and then we're going to see the 307 00:16:42,200 --> 00:16:45,480 true projects emerge. But even that's wrong because 308 00:16:45,480 --> 00:16:49,440 like nothing is emerging. Like everything is just 309 00:16:49,440 --> 00:16:53,120 decimated at this. Point How wild is it that Toshi 310 00:16:53,160 --> 00:16:55,400 is now the third biggest AI coin? 311 00:16:56,800 --> 00:16:58,480 Yeah. I mean, it's not an AI coin, I 312 00:16:58,480 --> 00:17:00,480 know. But how wild is that? 313 00:17:02,360 --> 00:17:05,960 Where's Toshi at? Toshi's at 342 million. 314 00:17:06,760 --> 00:17:08,920 Wow. It's virtual. 315 00:17:09,000 --> 00:17:10,240 This isn't current market cap, right? 316 00:17:10,240 --> 00:17:14,960 So it's virtual FARC coin at 4:40, then Toshi, then Fraser, 317 00:17:14,960 --> 00:17:17,520 which is that weird coin that like no one really knows. 318 00:17:17,520 --> 00:17:19,880 No, no, not a single person owns that coin. 319 00:17:22,319 --> 00:17:25,520 Wow. I'm not giving up it it feel, 320 00:17:25,520 --> 00:17:28,960 but I will say like it's never felt more over than it is real. 321 00:17:28,960 --> 00:17:31,240 Like it feels like this is like actually going to 0. 322 00:17:31,600 --> 00:17:32,640 That's my feeling. Yeah. 323 00:17:33,120 --> 00:17:36,400 It's like this sector is over if I'm being like objective like 324 00:17:36,400 --> 00:17:39,840 that is what it feels like. I have not cut bait. 325 00:17:39,840 --> 00:17:42,720 I still have MY16Z position, I have my arc position. 326 00:17:42,720 --> 00:17:44,960 Both are down. Wow. 327 00:17:45,720 --> 00:17:48,280 Parkour is separate. I don't really, although it's in 328 00:17:48,280 --> 00:17:49,920 here. I I think it is its own thing. 329 00:17:51,800 --> 00:17:54,480 Well. It's hard to see like what is 330 00:17:54,480 --> 00:17:58,640 the next catalyst, but it's always hard to see that at the 331 00:17:58,640 --> 00:18:00,400 bottom. You need proper capital 332 00:18:00,400 --> 00:18:03,760 injection like this. Yeah, yeah. 333 00:18:03,840 --> 00:18:06,560 All right. Well, just hang tight, you know? 334 00:18:07,960 --> 00:18:10,000 Maybe Trump will. Maybe Trump will launch a Made 335 00:18:10,000 --> 00:18:13,640 in America AI. We need it. 336 00:18:15,320 --> 00:18:17,840 It's our whole way out. Donald Trump, if you listen to 337 00:18:17,840 --> 00:18:21,320 this show, this just doesn't. This just doesn't. 338 00:18:21,320 --> 00:18:24,960 Remind me of the last, even the top of the last cycle, right? 339 00:18:24,960 --> 00:18:28,320 Like these things bleed out over a much longer time period than 340 00:18:28,440 --> 00:18:33,520 than what they just did, right? Like that's a wild move. 341 00:18:34,160 --> 00:18:36,120 That is a wild move. It again, I think just talk 342 00:18:36,440 --> 00:18:39,840 speaks to Solana and the fact that most of these coins to 1% 343 00:18:39,840 --> 00:18:41,640 liquidity pools aren't listed on exchanges. 344 00:18:41,640 --> 00:18:46,440 So like when people want to exit and the one exit varies from 345 00:18:46,440 --> 00:18:47,560 coins at the same it's. Tough. 346 00:18:47,840 --> 00:18:50,320 It's just a. It's just a BLOB off I. 347 00:18:51,360 --> 00:18:52,680 Mean. There's a reason why point like. 348 00:18:53,160 --> 00:18:55,080 We spoke about AI16Z earlier this week. 349 00:18:55,080 --> 00:18:58,160 It's like, oh, you know, strength to strength on the tech 350 00:18:58,160 --> 00:18:59,640 side. I know obviously there's been 351 00:18:59,640 --> 00:19:02,840 some flood around shore, but that's been fun for a while. 352 00:19:02,840 --> 00:19:06,840 Like that's not new. Yeah. 353 00:19:07,120 --> 00:19:10,760 And and then and and it's gone another 2030% lower than that. 354 00:19:11,800 --> 00:19:14,080 Yeah, this is just all. Yeah. 355 00:19:14,240 --> 00:19:18,200 I mean, the meme's gone, you know, nobody's hosting talk 356 00:19:18,200 --> 00:19:21,360 about AI anymore. But but The thing is like AI is 357 00:19:21,360 --> 00:19:23,600 not going away. AI is not going away. 358 00:19:23,600 --> 00:19:25,640 But then if you're talking about utility, like none of these 359 00:19:25,640 --> 00:19:27,720 things actually do anything. They do it's. 360 00:19:28,440 --> 00:19:30,320 Like what? Like. 361 00:19:30,760 --> 00:19:34,320 You guys still don't use Griffin or ARC protocols or products? 362 00:19:34,360 --> 00:19:35,600 Because they're in the early stages. 363 00:19:35,840 --> 00:19:38,280 As long as you 2 are not using these products, I'm going to 364 00:19:38,280 --> 00:19:39,840 keep saying that the utility is nowhere. 365 00:19:40,800 --> 00:19:45,000 That's fair. I think AI16Z and arc are 366 00:19:45,000 --> 00:19:47,840 basically that they're they show that they were meant to be like 367 00:19:47,840 --> 00:19:51,760 launch pads, which to be fair, like arc has has gone down the 368 00:19:51,760 --> 00:19:56,320 route of and AI16Z is yeah, waiting to build this, this 369 00:19:56,320 --> 00:19:59,680 Asian platform Griffane. I, I always felt like that with 370 00:19:59,760 --> 00:20:05,320 the, with the copilot stuff in that it felt like that felt too 371 00:20:05,320 --> 00:20:07,720 early for me. And I, I, I never really had a 372 00:20:07,720 --> 00:20:10,320 big because like. Unless they're able to build 373 00:20:10,320 --> 00:20:14,760 incredible brand strength, it does feel as though it's a 374 00:20:14,760 --> 00:20:16,160 little bit early to have like the. 375 00:20:16,200 --> 00:20:23,840 Same Co. Pilot on for crypto, but but 376 00:20:23,840 --> 00:20:27,400 yeah, this stuff. It's actually nasty, dude. 377 00:20:27,400 --> 00:20:30,960 There's no way that I'm trying to find a bowl case here, boys. 378 00:20:30,960 --> 00:20:32,480 I'm I'm. I'm AIX PT. 379 00:20:32,560 --> 00:20:36,600 Is it 250 now? That was still brilliant. 380 00:20:37,600 --> 00:20:41,280 Yeah, I mean, we have beef with them now. 381 00:20:41,680 --> 00:20:44,440 So I'll bite my tongue. I'll set this conversation up. 382 00:20:45,560 --> 00:20:48,240 Virtuals. No What? 383 00:20:48,240 --> 00:20:49,880 We got beef. Suddenly everyone cares about 384 00:20:49,880 --> 00:20:53,560 the revenue of virtuals. We got beef with AIBT. 385 00:20:53,560 --> 00:20:55,120 I'm just saying we got beef with them. 386 00:20:55,760 --> 00:20:57,640 He's trying to fuck with Tyler and see what? 387 00:20:57,640 --> 00:20:58,560 Happens. That's true recently. 388 00:20:58,920 --> 00:21:00,240 Yeah, dude, he fucked with Tyler. 389 00:21:00,240 --> 00:21:02,080 It's been down only since he fucked with Tyler. 390 00:21:02,240 --> 00:21:03,880 You can bite your tongue. I don't have to bite mine. 391 00:21:04,000 --> 00:21:06,000 I got you. Well, also we, I mean, I think I 392 00:21:06,000 --> 00:21:08,600 said on the show at one point that or we did the AI XPT is 393 00:21:08,600 --> 00:21:10,320 kind of like the mascot of the AI sector. 394 00:21:10,320 --> 00:21:13,280 Yeah, it's true. It's fitting that it's down 70% 395 00:21:13,280 --> 00:21:14,480 because the whole sector is down. 396 00:21:14,480 --> 00:21:17,120 So no, this is true. This is a fair, this is a fair 397 00:21:17,120 --> 00:21:19,160 take. You brought another one up, 398 00:21:19,160 --> 00:21:21,920 Tyler Manager now before virtuals, Yeah, everyone's 399 00:21:21,920 --> 00:21:24,560 looking fine at the that. The thing's making like $12.00 a 400 00:21:24,560 --> 00:21:27,360 day bro. Waiting for that tweet. 401 00:21:28,120 --> 00:21:32,040 Yeah, it's funny because again, like what I was saying is like 402 00:21:32,400 --> 00:21:35,320 the meme grew faster than the tech, the utility. 403 00:21:35,520 --> 00:21:39,280 So it was memetic values that we were assorting to those to those 404 00:21:39,480 --> 00:21:42,680 tokens like zero bro at 700 mil. That was a memetic value of 0 405 00:21:42,680 --> 00:21:44,280 bro, not the actual value of 0 bro. 406 00:21:44,840 --> 00:21:48,400 And now it's funny on the way down Mendo, you think about, oh, 407 00:21:48,400 --> 00:21:50,320 but the tech is not it's funny, right? 408 00:21:50,320 --> 00:21:52,240 And that's a meme too, right? Like I'm here like, oh, you guys 409 00:21:52,240 --> 00:21:53,360 not using it, but who gives a fuck? 410 00:21:53,360 --> 00:21:56,120 Like I never used any of the coins I bought. 411 00:21:56,800 --> 00:22:02,040 I'm in more of the Titus camp though, like the the Tam slash 412 00:22:02,080 --> 00:22:05,280 the the ability for these coins to have real utility seems way 413 00:22:05,280 --> 00:22:07,720 higher than than most of the old coins to me. 414 00:22:07,720 --> 00:22:12,480 Yeah, genuinely most of the old. Coins Anon beta tomorrow Looks 415 00:22:12,480 --> 00:22:15,520 like Anon like. 0 Pro is more of like, yeah, it's more of a meme 416 00:22:15,520 --> 00:22:17,160 style coin, right? Like it's more of a culture, 417 00:22:17,480 --> 00:22:22,880 let's say style coin. But I do think like AI16Z even 418 00:22:22,880 --> 00:22:25,840 AISPT right? I know we have beef but like it 419 00:22:25,840 --> 00:22:29,080 has options with this mind share arc as well. 420 00:22:32,440 --> 00:22:35,440 Those ones have really surprised me about how weak they are. 421 00:22:35,520 --> 00:22:42,080 Like AICCC is down the most out of all the and it's like it's 422 00:22:42,080 --> 00:22:44,440 not like it's done. It's not like it's a shit like 423 00:22:44,440 --> 00:22:46,120 complete shit coin in my opinion. 424 00:22:48,280 --> 00:22:50,240 But I agree, I don't think it's a complete trick one either. 425 00:22:50,320 --> 00:22:51,000 I like. I like we. 426 00:22:51,000 --> 00:22:53,360 Said like it's two, it's 270,000,000 like. 427 00:22:54,000 --> 00:22:55,520 You're trying to. Compare that events, other 428 00:22:55,520 --> 00:22:59,760 altcoins and you're trying to, it has like the most shared open 429 00:22:59,760 --> 00:23:06,560 source protocol in crypto, quite a few different avenues with it. 430 00:23:06,560 --> 00:23:09,720 So basically try and monetize that and it's trading at 270. 431 00:23:10,120 --> 00:23:13,160 You're talking about what AI 16 here? 432 00:23:13,440 --> 00:23:15,720 Yeah. It's that 2 cent, Yeah, I mean, 433 00:23:15,720 --> 00:23:19,120 that's one where at these prices even I'm like, wow, after you 434 00:23:19,120 --> 00:23:21,200 what you guys said about the protocols and the GitHub and 435 00:23:21,200 --> 00:23:24,800 everything like this is where like I can dunk on it 700 mil, 436 00:23:24,800 --> 00:23:28,320 but 200 million I'm like wow, that's crazy. 1:50 I might have 437 00:23:28,320 --> 00:23:31,240 to try to unload like. I I wouldn't blame you. 438 00:23:31,240 --> 00:23:33,840 I just you know what like I even just saw I was just browsing 439 00:23:33,840 --> 00:23:35,920 Twitter as he was talking like I just saw this tweet from Ponzi 440 00:23:35,920 --> 00:23:38,120 trader. He's like the market has not 441 00:23:38,120 --> 00:23:40,840 provided a reason to long any assets, specifically altcoins. 442 00:23:40,840 --> 00:23:43,960 Don't try to knife catch LARP. Tech it's. 443 00:23:44,040 --> 00:23:47,080 Fair. I I I are you guys trying on 444 00:23:47,080 --> 00:23:48,560 knife catch? I don't think you are right. 445 00:23:49,600 --> 00:23:53,200 Hey I. I did on Ark a handful of times. 446 00:23:53,720 --> 00:23:55,560 And you were right until you were wrong. 447 00:23:55,560 --> 00:23:57,280 But I don't know why you're wrong. 448 00:23:57,280 --> 00:23:59,320 Like I actually agree with your knife catch on Ark and you know 449 00:23:59,320 --> 00:24:00,840 what I mean? Like I don't even understand. 450 00:24:00,840 --> 00:24:02,200 Like you and Ovi were like going at it right? 451 00:24:02,200 --> 00:24:07,000 Like, but like bit for bit. It's interesting, man. 452 00:24:07,320 --> 00:24:12,160 It's it's an interesting part of the market and it's fair to say 453 00:24:12,160 --> 00:24:14,920 that almost everybody who's new to the space probably is down 454 00:24:14,920 --> 00:24:18,080 now because a lot of people got into the AI trade and they're 455 00:24:18,080 --> 00:24:22,320 probably down. It reminds me of what is it 456 00:24:22,320 --> 00:24:25,920 Remind when did people come in new when newcomers came into to 457 00:24:25,920 --> 00:24:30,800 to NFTS, at some point they were all down. 458 00:24:30,800 --> 00:24:33,960 What was it? Q 421 or something? 459 00:24:34,920 --> 00:24:36,200 Was it? There was a period, man that 460 00:24:36,200 --> 00:24:38,720 remember like everybody who bought NFT was probably down. 461 00:24:40,920 --> 00:24:44,520 So we've been comparing these meme coins in AI to NFT. 462 00:24:44,520 --> 00:24:46,960 So therefore we have to compare them the way down to NFTS too. 463 00:24:47,440 --> 00:24:49,760 So that was kind of there like this inflection point where if 464 00:24:49,760 --> 00:24:52,040 you bought any of the top NFT collections. 465 00:24:52,480 --> 00:24:56,440 But board apes stayed above 100K for a long long. 466 00:24:56,440 --> 00:24:58,120 Time. Yeah, it lasts way longer. 467 00:25:00,280 --> 00:25:02,760 But but. Even the collapse of it took 468 00:25:03,120 --> 00:25:05,160 ages. But we knew this, right? 469 00:25:05,160 --> 00:25:07,800 Like meme coins don't last. Like we knew meme coins are not 470 00:25:07,800 --> 00:25:09,200 NFTS. Like you're talking about meme 471 00:25:09,200 --> 00:25:12,360 coins on Solana blockchain where people get out in the second and 472 00:25:12,360 --> 00:25:13,800 don't give a fuck about their back. 473 00:25:13,800 --> 00:25:16,640 Like we we know this, right? Like this is the risk of meme 474 00:25:16,640 --> 00:25:18,360 coins for seven FT communities, right? 475 00:25:19,080 --> 00:25:21,520 Like at least NFT communities believed in something like that. 476 00:25:21,520 --> 00:25:24,680 Murat thesis actually fits much better in NFTS than it does in 477 00:25:24,680 --> 00:25:27,760 meme coins, right? Because you're attached to your 478 00:25:27,760 --> 00:25:31,520 PFP or your identity, right? There is no identity behind meme 479 00:25:31,520 --> 00:25:34,720 coins. Yeah, look, I'm not saying that. 480 00:25:34,720 --> 00:25:37,000 I'm just, I'm shocked by this, that yeah. 481 00:25:37,120 --> 00:25:40,920 It's shocking. 80 to 90% in in weeks. 482 00:25:41,320 --> 00:25:46,240 Not in, not in, not in months. Yeah. 483 00:25:47,480 --> 00:25:49,920 All coming I I'm not seeing anyone flashing their shorts 484 00:25:49,960 --> 00:25:52,560 that they made. I don't think anyone's flat 485 00:25:52,640 --> 00:25:55,080 shorted I I think everybody missed the short as well. 486 00:25:56,880 --> 00:25:58,480 But I know we want to get to bread guy. 487 00:25:58,480 --> 00:26:00,600 There's a couple of headlines. I know I don't need to go 488 00:26:00,600 --> 00:26:02,120 through my full one if you don't want, I can just. 489 00:26:02,160 --> 00:26:03,360 Let's go. Let's go through your headlines. 490 00:26:03,360 --> 00:26:05,240 I'll bring bread guy up still regardless because he's in the 491 00:26:05,240 --> 00:26:06,560 studio with us. So what up bread guy? 492 00:26:06,560 --> 00:26:09,080 I'll bring you up. But let's, let's, let's, let's 493 00:26:09,080 --> 00:26:11,960 do the let's, let's do the Tyler's topics. 494 00:26:11,960 --> 00:26:19,720 At least go through them T and crypto analysis Tyler T on FOMO 495 00:26:19,760 --> 00:26:25,360 our cause the kids. Can a lot of top stories. 496 00:26:25,360 --> 00:26:28,040 Let's start with the FDIC planning to revise crypto 497 00:26:28,040 --> 00:26:31,040 guidelines for banks, allowing them to conduct activities in 498 00:26:31,040 --> 00:26:34,320 this sector without regulatory permission, while also revealing 499 00:26:34,320 --> 00:26:37,520 documents showcasing and confirming that yes, Operation 500 00:26:37,520 --> 00:26:40,240 Choke point 2.0 was a very real thing. 501 00:26:40,760 --> 00:26:45,560 We saw Masari report that highlighted salons explosive Q4 502 00:26:45,640 --> 00:26:47,240 and rapid growth. Call it the best. 503 00:26:47,280 --> 00:26:48,680 Is it the best quarter of all time? 504 00:26:48,680 --> 00:26:49,240 It looked. Very. 505 00:26:49,720 --> 00:26:52,680 Paper though, will they be able to maintain that for Q1? 506 00:26:52,920 --> 00:26:56,440 Still up for debate, Sailor MicroStrategy rebrands to just 507 00:26:56,440 --> 00:26:58,720 strategy. They also launched that Stark 508 00:26:58,720 --> 00:27:01,680 STRK convertible preferred stock on the New York Stock Exchange 509 00:27:01,680 --> 00:27:04,040 here today. So couple big days for them. 510 00:27:04,320 --> 00:27:09,040 The SC, the SEC reassigned their top crypto litigator to their IT 511 00:27:09,040 --> 00:27:10,720 department. So that was a funny headline. 512 00:27:11,120 --> 00:27:14,760 That's hilarious. Stripe acquired a stablecoin 513 00:27:14,800 --> 00:27:18,880 platform Bridge Platform Bridge for $1.1 billion, its largest 514 00:27:18,880 --> 00:27:21,760 crypto acquisition to date. We saw BlackRock announced the 515 00:27:21,760 --> 00:27:23,800 launch of a Bitcoin ETP in Europe. 516 00:27:24,640 --> 00:27:26,880 The CFTC is going to review their regulatory approach to 517 00:27:26,880 --> 00:27:28,520 prediction markets in coming weeks. 518 00:27:28,520 --> 00:27:31,000 Love to see that and the breaking news morning Trump 519 00:27:31,000 --> 00:27:34,320 media filing trademarks for Made in America ETF, Bitcoin ETF and 520 00:27:34,320 --> 00:27:36,120 more. It looks like those are indeed 521 00:27:36,120 --> 00:27:38,960 coming, folks. Bear Chain is live. 522 00:27:38,960 --> 00:27:41,320 They released their tokenomics and AirDrop checker yesterday. 523 00:27:41,600 --> 00:27:44,520 Mainnet has launched, it's trading at $10 right now, which 524 00:27:44,520 --> 00:27:47,920 is right around 5 billion, so pretty strong start. 525 00:27:48,320 --> 00:27:50,800 We have Ondo Finance. They launched the Ondo Global 526 00:27:50,800 --> 00:27:53,200 Markets, their new tokenization platform for U.S. 527 00:27:53,200 --> 00:27:56,160 Securities. So this tokenization for U.S. 528 00:27:56,160 --> 00:27:58,840 Securities like stocks and bonds is absolutely coming. 529 00:28:00,720 --> 00:28:02,000 We'll talk about with bread here in a minute. 530 00:28:02,400 --> 00:28:05,640 They announced a vote for their NFT distribution, either first 531 00:28:05,640 --> 00:28:10,240 come, first serve or random RNG. So if you've got a horse in that 532 00:28:10,240 --> 00:28:14,000 race, maybe go vote. Let's see AI, we already talked 533 00:28:14,000 --> 00:28:16,840 about it. It's down, down only parallel 534 00:28:16,840 --> 00:28:18,880 digit era major update. So if you're in the parallel 535 00:28:18,880 --> 00:28:20,960 prime ecosystem, go check that out. 536 00:28:20,960 --> 00:28:23,640 They talked about a mobile app, the colony game and wave Finder. 537 00:28:23,640 --> 00:28:27,240 They teased Q3Q4 for new game releases. 538 00:28:27,240 --> 00:28:32,000 Prompt still expected Q1, so hopefully later Q1, maybe once 539 00:28:32,000 --> 00:28:34,600 the AI has rebounded. Please. 540 00:28:34,760 --> 00:28:38,440 NFTS Let's see, Jupiter's X account was hacked briefly had a 541 00:28:38,440 --> 00:28:42,080 meme ticker display. Dude, and it was the IT went for 542 00:28:42,080 --> 00:28:45,480 a bit like they hosted a space as as well. 543 00:28:46,560 --> 00:28:48,960 I thought that hack was, I hate to say that I thought that was a 544 00:28:48,960 --> 00:28:50,760 funny one. I didn't just like, drop 545 00:28:50,760 --> 00:28:53,400 something, but yeah. It was like smart enough. 546 00:28:54,120 --> 00:28:55,560 Did you really think that that was? 547 00:28:55,920 --> 00:28:59,080 No, not, not one bit of me. I I actually saw some smart 548 00:28:59,080 --> 00:29:01,160 people fall for this and I was a little surprised, especially 549 00:29:01,160 --> 00:29:02,560 given like where you are in the space. 550 00:29:03,680 --> 00:29:11,240 So I think, I think, I think it was quite obvious, but I'm 551 00:29:11,240 --> 00:29:14,080 mostly like kind of appalled by the lack of security on some of 552 00:29:14,080 --> 00:29:15,880 these big protocols. I love Jupiter, I'm a fan. 553 00:29:15,880 --> 00:29:19,880 But you know what, if you have a certain audience and you're like 554 00:29:19,880 --> 00:29:22,000 also one of the largest protocols or decks or 555 00:29:22,000 --> 00:29:26,520 aggregators or products in all of crypto, Like, you know, 556 00:29:26,520 --> 00:29:28,640 unless this was inside job, which I don't think it was, but 557 00:29:28,640 --> 00:29:33,160 yeah, yeah, it's pretty bad. It's pretty bad dude. 558 00:29:34,280 --> 00:29:35,920 Not great. But. 559 00:29:37,360 --> 00:29:40,000 That that was the round up. Natural selection, Natural 560 00:29:40,000 --> 00:29:42,560 selection, Tyler just more natural selection. 561 00:29:43,440 --> 00:29:46,640 Indeed. Yeah, hate to see it. 562 00:29:47,800 --> 00:29:50,480 I love the FDIC news. We've been talking about this. 563 00:29:50,840 --> 00:29:53,880 It's just reinforces that the banks are absolutely coming into 564 00:29:53,880 --> 00:29:57,520 crypto and it seems like it's going to happen soon, sooner 565 00:29:57,520 --> 00:30:00,400 than later. It's happening at the speed of 566 00:30:00,400 --> 00:30:01,960 light right now. What was you want to double down 567 00:30:01,960 --> 00:30:03,120 the headline? Let's go through that. 568 00:30:03,120 --> 00:30:05,720 Maybe the the Perisher Market 1 was pretty good and let's get 569 00:30:05,720 --> 00:30:09,440 right into the mega use stuff. Yeah, so the FDIC, they plan to 570 00:30:09,440 --> 00:30:12,080 revise bank guidelines for crypto, even to allow banks to 571 00:30:12,080 --> 00:30:14,640 embark on some crypto activities without getting regulatory 572 00:30:14,640 --> 00:30:16,800 permission first. It looks like some banks have 573 00:30:16,800 --> 00:30:19,040 already been in conversation with government officials. 574 00:30:19,640 --> 00:30:22,720 They are pushing to offer custody of, of crypto assets 575 00:30:23,200 --> 00:30:26,200 along with tokenized deposits that could put some checking 576 00:30:26,200 --> 00:30:30,160 accounts on blockchains. So that that is an incredibly, 577 00:30:31,400 --> 00:30:34,360 the custody piece is still like the one I've been focused on 578 00:30:34,360 --> 00:30:38,160 just because of the massive capital unlock That would be, I 579 00:30:38,160 --> 00:30:40,040 actually hadn't even started wrapping my head around 580 00:30:40,640 --> 00:30:44,000 tokenized checking accounts on blockchains. 581 00:30:44,080 --> 00:30:48,960 So there's even more to unpack there, but tremendous progress. 582 00:30:48,960 --> 00:30:50,960 And it really feels like the progress is accelerating. 583 00:30:51,160 --> 00:30:53,000 Like maybe like, are we going to see this in H1? 584 00:30:53,680 --> 00:30:57,120 Like would you bet on H1 before the end of June? 585 00:30:57,240 --> 00:30:58,480 I don't know how fast this stuff moves. 586 00:30:58,480 --> 00:30:59,440 What do you think? Wendo? 587 00:30:59,600 --> 00:31:01,560 I I really don't know. It's not my. 588 00:31:01,560 --> 00:31:04,480 Organization it, it feels like weirdly Defy has become one of 589 00:31:04,480 --> 00:31:08,240 the stronger sectors during this sell off. 590 00:31:08,480 --> 00:31:11,440 Like people are looking at it through it and being like, well, 591 00:31:11,840 --> 00:31:14,440 that's where we'll might see more headlines over the next few 592 00:31:14,440 --> 00:31:16,360 months. It's like where you're going to 593 00:31:16,360 --> 00:31:20,520 get all the real adoption right in Defy like and stuff like 594 00:31:20,520 --> 00:31:23,200 that. So it's it's becoming very real 595 00:31:23,200 --> 00:31:25,960 again, it seems on that front, right, Because you have Larry 596 00:31:25,960 --> 00:31:27,960 Fink talking about tokenizing bonds and stocks. 597 00:31:28,520 --> 00:31:31,840 I just, I continue to think that these trap by companies will do 598 00:31:31,840 --> 00:31:35,680 it themselves like we don't, they don't need us to be able to 599 00:31:35,680 --> 00:31:39,840 do this so. Meaning they won't use our 600 00:31:39,840 --> 00:31:41,320 Korean block chains. Is that what you're saying? 601 00:31:41,720 --> 00:31:47,400 No, I just don't think they'll that they need us for to 602 00:31:47,400 --> 00:31:51,080 actually do the tokenization. So there's some like RWA coins 603 00:31:51,080 --> 00:31:54,480 like Hondo and a few others. I don't know. 604 00:31:54,920 --> 00:31:57,680 My my general sense is is deltas do it themselves. 605 00:31:59,240 --> 00:32:02,120 OK. That's the RWA piece. 606 00:32:02,120 --> 00:32:05,880 I think the I was more just referring to the, the custom 607 00:32:05,880 --> 00:32:09,000 crypto within banks. Yeah, which I think I, I feel 608 00:32:09,000 --> 00:32:11,160 like that. I don't know if it's H1, I think 609 00:32:11,160 --> 00:32:16,800 it'll be 2025. Yeah, it's, it's definitely I, I 610 00:32:16,800 --> 00:32:20,200 think, yeah, I Yeah. So I'm just looking at the state 611 00:32:20,200 --> 00:32:22,240 of the market. I think that I just can't, I, 612 00:32:22,320 --> 00:32:25,400 there's no Peace of Mind. But things that were nearly 613 00:32:25,400 --> 00:32:28,720 close to the top anyways. I see, I see people in the 614 00:32:28,720 --> 00:32:31,280 common sense. Everybody's got, everybody's got 615 00:32:31,280 --> 00:32:33,400 to, got to, got to, got to freshen up here. 616 00:32:33,400 --> 00:32:36,440 All right, Reboot, you know, it's a bull market. 617 00:32:36,760 --> 00:32:39,880 It's normal bull market shit. Vaporware is getting erased off 618 00:32:39,880 --> 00:32:41,600 the market. It's probably a good thing. 619 00:32:42,640 --> 00:32:44,960 We absolutely love to see that. And we got bread guy on the 620 00:32:44,960 --> 00:32:45,520 show. Come on. 621 00:32:45,760 --> 00:32:46,800 And we got bread guy on the show. 622 00:32:46,800 --> 00:32:48,680 Let's get this energy going. I mean, bread guy. 623 00:32:48,880 --> 00:32:50,280 What's up, dude? I think it's your first time 624 00:32:50,280 --> 00:32:51,120 coming on here. How you doing? 625 00:32:52,200 --> 00:32:54,120 What's up, buddies? Yeah, you actually guys, you 626 00:32:54,120 --> 00:32:57,560 inspired me to go back and check some some message timing. 627 00:32:58,280 --> 00:33:01,520 So I see obese had a really big Aix BT trade, right? 628 00:33:01,520 --> 00:33:03,000 He crushed it, right? Ran it up. 629 00:33:03,000 --> 00:33:04,520 I didn't realize how far down it was. 630 00:33:04,800 --> 00:33:07,400 I and I remember him bull posting it a little bit about a 631 00:33:07,400 --> 00:33:10,040 month ago and I went back and after he did that, I sent him a 632 00:33:10,040 --> 00:33:11,520 message like, bro, sell some coins. 633 00:33:11,560 --> 00:33:13,560 You got to trim coins right now. You have too much money on 634 00:33:13,560 --> 00:33:15,320 chain. And I'd literally I top ticked 635 00:33:15,320 --> 00:33:19,480 the thing that message to him on Telegram was 4:00 AM the like 636 00:33:19,680 --> 00:33:22,800 pico pico pico high. And he like you know, he used to 637 00:33:22,800 --> 00:33:24,000 respond. He said he trimmed it a little 638 00:33:24,000 --> 00:33:26,600 bit. But yeah, man, like been there. 639 00:33:27,200 --> 00:33:29,000 Round tripping is part of the game for everyone. 640 00:33:29,720 --> 00:33:30,880 Where? Did I get tripping? 641 00:33:30,920 --> 00:33:33,840 Well we round tripped friends together as well as puffs. 642 00:33:34,680 --> 00:33:37,640 It's trauma bonding that's that's the PMF of this entire 643 00:33:37,640 --> 00:33:39,160 space is trauma. Bonding. 644 00:33:39,440 --> 00:33:41,840 With friends, yeah. Yeah, it's about the friends you 645 00:33:41,840 --> 00:33:43,240 made along the way, right? We had. 646 00:33:43,840 --> 00:33:45,840 Quite a pups bag. We had quite the pups roller 647 00:33:45,840 --> 00:33:47,520 coaster. I mean, I'm, I'm part of that. 648 00:33:47,520 --> 00:33:49,560 One the hold now. What's that hold now? 649 00:33:49,560 --> 00:33:52,520 Should we check what's pups? Bag 35. 650 00:33:53,800 --> 00:33:58,560 Million mil. And 34 mil at least. 651 00:33:58,560 --> 00:34:00,560 That fucking dog token is 300 million. 652 00:34:00,560 --> 00:34:03,160 You know like at least docked the moon's 300 million. 653 00:34:03,160 --> 00:34:07,160 Like pops holders couldn't RSI see $17 million I think Ruins 654 00:34:07,160 --> 00:34:09,120 the $2000 in volume yesterday total. 655 00:34:09,120 --> 00:34:11,840 That's what I was about to say. It's like, oh, like whatever the 656 00:34:11,840 --> 00:34:14,040 market cap is doesn't matter because it takes like an hour to 657 00:34:14,040 --> 00:34:16,719 move at all because like the volume is so low. 658 00:34:16,760 --> 00:34:19,320 It's just like it's down. The men pool's empty. 659 00:34:19,320 --> 00:34:22,520 Like no one's using this shit. Bro, this is so wild, but this 660 00:34:22,520 --> 00:34:25,320 is this is all really good. Listen, Breg guy, you've been, 661 00:34:25,320 --> 00:34:27,920 you've been busy, it seems you've been busy with Mega ETH. 662 00:34:27,920 --> 00:34:31,120 You guys made a kind of a monster announcement the other 663 00:34:31,120 --> 00:34:34,440 day, which was really good. I personally like really like, I 664 00:34:34,440 --> 00:34:36,199 really like the way you guys are approaching things. 665 00:34:36,480 --> 00:34:40,239 She sent it to logs internally and I saw Kobe was supporting. 666 00:34:40,239 --> 00:34:41,520 Of course, Mega ETH was like, what? 667 00:34:41,520 --> 00:34:44,280 Like a record-breaking like raise on Echo or something like 668 00:34:44,280 --> 00:34:45,920 this? Like what, $10 million in what, 669 00:34:45,920 --> 00:34:47,880 3 minutes? Yeah, something like that. 670 00:34:47,920 --> 00:34:50,000 It was in two tranches. So it like that kind of skews 671 00:34:50,000 --> 00:34:51,320 thing. It's like we opened it up at I 672 00:34:51,320 --> 00:34:53,760 think we did 6 mill that immediately went away and like, 673 00:34:53,760 --> 00:34:55,800 all right, Jack it out. Like if people want it, we'll 674 00:34:55,800 --> 00:34:57,760 we're willing to go higher. And then we we went for record 675 00:34:57,760 --> 00:35:00,320 numbers and it's smart. I love that. 676 00:35:00,320 --> 00:35:02,200 So why don't you just maybe like give the people a little intro 677 00:35:02,200 --> 00:35:04,480 like like what Mega Ether is and then Tyler let you like lead 678 00:35:04,480 --> 00:35:05,560 this? I'm like, I know we want to wear 679 00:35:05,560 --> 00:35:06,720 the whitelist stuff, but like what? 680 00:35:06,720 --> 00:35:08,440 What Mega ether is just for the people who don't know? 681 00:35:09,600 --> 00:35:12,480 It's it's Ethereum's answer to Solana. 682 00:35:13,120 --> 00:35:14,920 It's probably the best way to do it right without getting too 683 00:35:14,920 --> 00:35:15,720 nerdy, right? Like. 684 00:35:17,920 --> 00:35:20,320 Yeah. Yeah, I mean, honestly, so like 685 00:35:20,320 --> 00:35:23,320 there we like we've made some very opinionated design 686 00:35:23,320 --> 00:35:27,720 decision, our design choices so that our specific L2, we are an 687 00:35:27,720 --> 00:35:31,600 L2 on top of Ethereum, but it's a different flavor of L2 is able 688 00:35:31,600 --> 00:35:35,360 to unlock a higher level of performance than all the other L 689 00:35:35,360 --> 00:35:38,800 twos, namely like base arbitrage, whatever by orders of 690 00:35:38,800 --> 00:35:41,480 magnitude, right. Just to give figures people are 691 00:35:41,480 --> 00:35:44,800 familiar with, right, you have 200 TPS total across all of the 692 00:35:44,800 --> 00:35:46,320 roll ups, across every one of them. 693 00:35:46,320 --> 00:35:50,520 So if you combine arbitrum, bass, optimism, world change, 694 00:35:50,520 --> 00:35:52,280 all these things are about 200 TPS. 695 00:35:53,240 --> 00:35:55,120 We're shooting for 100,000, right? 696 00:35:55,280 --> 00:35:57,080 Because of some of the design decisions we made. 697 00:35:58,600 --> 00:36:00,080 At least we see the market, right? 698 00:36:00,080 --> 00:36:02,640 You see what's what Solana's doing, you see what hyper 699 00:36:02,640 --> 00:36:04,600 Liquid's doing, right? Maybe people over indexed a 700 00:36:04,600 --> 00:36:08,080 little bit on like maximally super ultra slow, secure, 701 00:36:08,080 --> 00:36:10,840 decentralized, whatever. And there's a clear demand for 702 00:36:10,840 --> 00:36:13,720 on chain good UX that is on par with web two. 703 00:36:13,840 --> 00:36:17,840 We're pushing for that. So what like so what'll be on 704 00:36:17,840 --> 00:36:19,880 mega ETH? Like will it be the same things 705 00:36:19,880 --> 00:36:22,600 that we're doing on ETH but it'll just be easier and faster? 706 00:36:22,600 --> 00:36:25,200 Like what is the vision? Yeah. 707 00:36:25,200 --> 00:36:28,200 All right. There's two things to SO no, 708 00:36:28,280 --> 00:36:31,000 first of all, like we're not pushing for the 55th fork of 709 00:36:31,000 --> 00:36:32,080 whatever. That's just faster. 710 00:36:33,040 --> 00:36:36,640 We have it one unique unlock that is like the responsiveness. 711 00:36:36,960 --> 00:36:40,200 The tagline is real time, real time chain, blockchain, whatever 712 00:36:40,800 --> 00:36:43,800 that is because of the design decision we lead into to say 713 00:36:43,800 --> 00:36:45,760 like, hey, we're going to like really lean into this. 714 00:36:45,760 --> 00:36:49,320 And you basically have that sequencer that everyone fuds, 715 00:36:49,320 --> 00:36:50,120 right? They're like, oh, we needed to 716 00:36:50,120 --> 00:36:51,560 centralized this thing. It's big, it's scary, it's 717 00:36:51,560 --> 00:36:53,600 whatever. It's not really that much 718 00:36:53,600 --> 00:36:55,920 different than Hyper Liquid having 4 validators, which 719 00:36:55,920 --> 00:36:58,440 everyone fucking loves. We just said, OK, well, if we're 720 00:36:58,440 --> 00:37:01,560 going to do this, this sequencer like own it, let's just make it 721 00:37:01,560 --> 00:37:04,320 the biggest, baddest MFR you've ever seen in your life, right? 722 00:37:04,320 --> 00:37:08,120 So now we got some chads from from Web 2 fuck up data centers. 723 00:37:08,120 --> 00:37:09,800 They're here to say, all right, we're going to make this thing 724 00:37:09,800 --> 00:37:11,920 awesome. And the thing that it unlocks is 725 00:37:11,920 --> 00:37:15,680 the real time element of blockchain or real time element 726 00:37:15,680 --> 00:37:17,000 of what blockchains could be, right? 727 00:37:17,000 --> 00:37:20,600 So what that means is the responsiveness and how fast your 728 00:37:20,600 --> 00:37:22,800 shit lands on chain, right? So even with Solano, you have 729 00:37:22,800 --> 00:37:25,720 about a four like half a second delay to where it like it 730 00:37:25,720 --> 00:37:28,760 actually ends up on chain. We can get that down to to 100 731 00:37:28,760 --> 00:37:30,680 milliseconds, right? Like down to like real time 732 00:37:30,680 --> 00:37:32,120 instant web 2 interactions, right? 733 00:37:32,240 --> 00:37:35,720 Discord Discord messages are about 200 milliseconds, right? 734 00:37:35,720 --> 00:37:38,040 Telegrams in that same range. All payments are like 300 735 00:37:38,040 --> 00:37:38,840 seconds. That's like when it's 736 00:37:38,840 --> 00:37:42,640 instantaneous to you as a human. So that's that's the threshold 737 00:37:42,640 --> 00:37:44,800 that we can do because we're not an L1 right? 738 00:37:44,800 --> 00:37:47,880 Because we're not decentralized. Solana can only get down to like 739 00:37:47,880 --> 00:37:51,160 200 and 5300 milliseconds. Ethereum's never going to get 740 00:37:51,160 --> 00:37:53,480 below 12 seconds, right? Monad's aiming for one second. 741 00:37:53,760 --> 00:37:56,480 We're aiming for like making blocks under 10 milliseconds. 742 00:37:56,520 --> 00:37:58,200 It's just super fucking fast, frankly. 743 00:37:58,600 --> 00:38:01,680 So that unlocks the maps right? So like that means you can have 744 00:38:02,280 --> 00:38:04,280 applications that are really responsive. 745 00:38:04,320 --> 00:38:08,920 We're not, we're not trying to just again have a, the 55th fork 746 00:38:08,920 --> 00:38:10,440 of uni swap that's just a little faster. 747 00:38:10,760 --> 00:38:14,680 So we've incubated, we have it's an accelerator of like 15 teams 748 00:38:14,680 --> 00:38:17,400 that we've been living with our Co living with like 30 days at a 749 00:38:17,400 --> 00:38:18,720 time. Did it in Berlin, did it in 750 00:38:18,720 --> 00:38:21,640 Chiang Mai and they, they understood the tech and they're 751 00:38:21,640 --> 00:38:24,160 building applications that is uniquely enabled by the tech. 752 00:38:24,600 --> 00:38:27,840 Like euphoria is a good example. Euphoria is an application 753 00:38:27,840 --> 00:38:30,320 that's, that's like perpetrating, but it's they're, 754 00:38:30,320 --> 00:38:34,200 they're calling it tap trading. So it's like a Robin Hood style 755 00:38:34,200 --> 00:38:37,520 spin on perp trading where literally as you tap, like you 756 00:38:37,520 --> 00:38:39,280 get the whole confetti, it's immediately on chain. 757 00:38:39,280 --> 00:38:42,320 Like it's a, it's a trade in real time instead of like having 758 00:38:42,320 --> 00:38:43,560 to wait a little bit for the thing to land. 759 00:38:44,280 --> 00:38:48,160 And you have games like AW, he's actually the founder of of on 760 00:38:48,160 --> 00:38:50,320 cyber. He's, he's building on our chain 761 00:38:50,520 --> 00:38:56,480 with a bunch of again, these other 15 people teams and he's 762 00:38:56,480 --> 00:38:58,840 making a real time, like an engine that you can actually do 763 00:38:58,840 --> 00:39:01,760 on time on chain assets are real time generated inside of his, 764 00:39:01,760 --> 00:39:03,280 his world, right? So like you can be in an 765 00:39:03,280 --> 00:39:05,560 environment walking around chilling, doing shit and like 766 00:39:05,640 --> 00:39:08,240 pump fun coins are coming in from the ceiling with a size 767 00:39:08,240 --> 00:39:10,280 based on your market cap. And if you bump into them, you 768 00:39:10,280 --> 00:39:11,960 buy $10 worth of that coin, right? 769 00:39:11,960 --> 00:39:14,240 And you can play, play games around that shit, right, because 770 00:39:14,240 --> 00:39:15,840 it's responsive enough that you can actually have that 771 00:39:15,840 --> 00:39:17,320 interactive stuff with real time shit. 772 00:39:18,280 --> 00:39:20,920 And then because we're, we're growing them all together, 773 00:39:20,920 --> 00:39:24,480 there's like again, 1517 teams, they're all Co building, right? 774 00:39:24,480 --> 00:39:25,960 And they got some camaraderie among each other. 775 00:39:25,960 --> 00:39:29,400 So like our perps decks plugs into our, our gaming engine, 776 00:39:29,400 --> 00:39:32,200 plugs into our lending protocol, plugs into our, you know, 777 00:39:32,200 --> 00:39:33,800 whatever. So they're all native. 778 00:39:33,800 --> 00:39:36,080 Our applications building together kind of want to make 779 00:39:36,080 --> 00:39:38,880 each other better and then uplift each other through like 780 00:39:38,880 --> 00:39:41,160 integration with each other. So it's like a interwoven 781 00:39:41,240 --> 00:39:45,320 ecosystem. It's a cool vision for sure. 782 00:39:45,440 --> 00:39:49,120 And I think like I, I will use Solana these days because of the 783 00:39:49,120 --> 00:39:54,240 speed and use experience, but I'm also not like I'm not 784 00:39:54,240 --> 00:39:56,560 married to Solana. So like if I can find that 785 00:39:56,560 --> 00:39:59,040 training experience elsewhere and there's enough to do, like 786 00:39:59,040 --> 00:40:01,360 I'm happy to go there as well. And I feel like most people are 787 00:40:01,360 --> 00:40:03,720 generally in that camp. Yeah. 788 00:40:03,720 --> 00:40:05,920 Why do you think? That Evan Solana, that's 789 00:40:05,920 --> 00:40:07,640 something that's that's a good question because I think. 790 00:40:08,600 --> 00:40:11,840 That's $100 billion question. Yeah, so that's, so that was 791 00:40:11,840 --> 00:40:13,960 what I was just talking about, the real time responsiveness 792 00:40:13,960 --> 00:40:16,640 again, if I could think about the constructions of L ones 793 00:40:16,640 --> 00:40:19,400 versus L twos, right. And L1 has to come to consensus, 794 00:40:19,400 --> 00:40:20,960 right? It has to have a bunch of notes, 795 00:40:21,040 --> 00:40:23,000 Solana even, right? It's very, very fast, It's very 796 00:40:23,000 --> 00:40:25,560 performant, still has to come to consensus, right. 797 00:40:25,880 --> 00:40:27,760 You put your transaction on chain, there's a little bit of 798 00:40:27,760 --> 00:40:29,960 lag time between all the nodes agreeing on that thing being 799 00:40:29,960 --> 00:40:32,400 true, that being able to be ingested into an application 800 00:40:32,560 --> 00:40:34,320 like things have to agree on stuff. 801 00:40:34,320 --> 00:40:37,400 And that takes time at least as fast, as slow as the speed of 802 00:40:37,400 --> 00:40:39,880 light to travel amongst random nodes to agree on ship. 803 00:40:40,440 --> 00:40:42,800 Like for Solana, that's 300 milliseconds, right? 804 00:40:42,800 --> 00:40:44,960 400 milliseconds, right round trip around the world for these 805 00:40:45,000 --> 00:40:47,480 for these boxes to agree on ship, we don't have to do that 806 00:40:47,680 --> 00:40:48,920 because we don't have to do that. 807 00:40:49,360 --> 00:40:52,320 It's just the distance from you to the box and then it's on 808 00:40:52,320 --> 00:40:55,200 chain. So again, Solana hyper liquid, 809 00:40:55,200 --> 00:40:58,120 hyper liquid is going to be an L1, any L1, because they have 810 00:40:58,120 --> 00:41:01,640 consensus can only shrink this window down to that 400 811 00:41:01,640 --> 00:41:05,720 millisecond ish window, right? And that that is above the 812 00:41:05,720 --> 00:41:08,040 perception of instantaneous real time. 813 00:41:08,120 --> 00:41:10,320 Real time is that like 100 millisecond window? 814 00:41:10,640 --> 00:41:12,800 Because we're in L2 and we're saying we'll fuck that, right? 815 00:41:12,800 --> 00:41:14,920 Like Etherium does. The consensus. 816 00:41:14,920 --> 00:41:16,880 Etherium is decentralized. Etherium has all this shit. 817 00:41:17,160 --> 00:41:19,600 We're a big box on top of it. We'll create this experience. 818 00:41:19,760 --> 00:41:22,440 We can shrink that window from that threshold that they're at 819 00:41:22,640 --> 00:41:24,480 down to, again, we're making blocks. 820 00:41:24,480 --> 00:41:27,080 In 10 milliseconds, we'll have 100 blocks produced per second. 821 00:41:27,400 --> 00:41:29,520 That's faster than some chains will have transactions per 822 00:41:29,520 --> 00:41:32,160 second. So like the the rate at which we 823 00:41:32,160 --> 00:41:36,160 can produce this on chain stuff is not replicable as an L1. 824 00:41:36,200 --> 00:41:38,000 It's just not so like that's the difference. 825 00:41:38,000 --> 00:41:40,160 And if you can create a an application that exists in that 826 00:41:40,160 --> 00:41:43,880 vertical and it's different, that is the only possible on or 827 00:41:44,040 --> 00:41:46,800 on an L2, but specifically for us because we're also in 828 00:41:46,800 --> 00:41:49,480 performing on top of that. So what would be the high 829 00:41:49,480 --> 00:41:53,480 performance apps that you would want to to would really thrive, 830 00:41:53,480 --> 00:41:54,720 let's say in that sort of environment? 831 00:41:56,600 --> 00:42:00,440 Combination of like wacky shit and then like the typical stuff 832 00:42:00,440 --> 00:42:03,480 again, like there's there's the stuff that's like I just talked 833 00:42:03,480 --> 00:42:05,800 about the tap trading right, like you literally you literally 834 00:42:05,800 --> 00:42:07,520 cannot replicate it. Well, you can't it's just not a 835 00:42:07,520 --> 00:42:09,640 good experience, right. You tap a screen and you have to 836 00:42:09,640 --> 00:42:12,160 wait half a second or a second or two seconds for that thing to 837 00:42:12,160 --> 00:42:13,960 be real. You cannot produce the like 838 00:42:14,120 --> 00:42:15,840 confetti blowing experience right. 839 00:42:15,840 --> 00:42:18,200 You literally can't do it. The guy who's creating this app 840 00:42:18,200 --> 00:42:20,000 is he's an X like MEP searcher, right? 841 00:42:20,000 --> 00:42:22,240 Like he's he's this guy gig of brain back and stuff. 842 00:42:22,240 --> 00:42:24,520 He's like, I just want to create a weird, wacky fun trading 843 00:42:24,520 --> 00:42:26,760 experience. So he's just like, now you have 844 00:42:26,760 --> 00:42:30,520 like a Robin Hood style app, you tap your screen, it's gamified. 845 00:42:30,640 --> 00:42:32,600 So it's confetti, but it's instantaneous because we can do 846 00:42:32,600 --> 00:42:34,000 that, right? Because you can tap and it's 847 00:42:34,000 --> 00:42:37,480 instantaneously on, on, on Jane. Like that cannot be replicated 848 00:42:37,480 --> 00:42:38,880 elsewhere. Not in the same way. 849 00:42:39,200 --> 00:42:42,240 Now without like it not being final, we can say it's final. 850 00:42:42,560 --> 00:42:45,280 So like there's that element of it, but then there's also the 851 00:42:45,280 --> 00:42:47,360 weird wacky shit that's like deep in style stuff. 852 00:42:47,360 --> 00:42:50,080 Like we have some, some teams that are literally like you 853 00:42:50,080 --> 00:42:53,280 walking around and you, you take pictures of like monuments and 854 00:42:53,280 --> 00:42:56,440 shit. They have the ability to like go 855 00:42:56,440 --> 00:42:58,080 and like they're making people do this and saying, if you can 856 00:42:58,080 --> 00:43:00,320 trick these people into taking pictures a certain way, we can 857 00:43:00,320 --> 00:43:03,080 turn that thing into a 3D object and then make that 3D object 858 00:43:03,080 --> 00:43:05,960 that's usable inside of our, our world engine that's being spun 859 00:43:05,960 --> 00:43:08,720 up by beyond cyber guys. So like, it's really just like 860 00:43:08,880 --> 00:43:11,240 finding people that can create things on chain that are like 861 00:43:11,240 --> 00:43:14,920 unbounded because of some of the trade-offs that we make and then 862 00:43:14,920 --> 00:43:17,960 letting those flourish. So combination of stuff that the 863 00:43:17,960 --> 00:43:20,640 typical stuff that can just be a little more weird and then just 864 00:43:20,720 --> 00:43:22,840 weird things that just weren't possible on chain before. 865 00:43:25,080 --> 00:43:26,880 I think you did a nice job buying out the vision. 866 00:43:27,040 --> 00:43:30,440 Yeah. And everyone's, you know, our 867 00:43:30,440 --> 00:43:32,440 audience definitely wants to know, right? 868 00:43:33,280 --> 00:43:35,160 All right, so how can I make money off of this? 869 00:43:35,920 --> 00:43:37,200 Right you. Guys are the biggest. 870 00:43:37,200 --> 00:43:39,400 Of course. NFT I've been screaming, I've 871 00:43:39,400 --> 00:43:41,960 been screaming the tech for for months and everyone's like OK, 872 00:43:41,960 --> 00:43:43,280 whatever. And no one cares. 873 00:43:43,640 --> 00:43:45,960 No one. Blast, we blast on through the 874 00:43:45,960 --> 00:43:48,440 the mindshare chart now where everyone's talking about us, I 875 00:43:48,440 --> 00:43:49,680 guess. Absolutely nobody gives a shit 876 00:43:49,680 --> 00:43:51,440 on unless they can make it to your whitelist. 877 00:43:51,640 --> 00:43:53,400 Not just you, It's for anyone, even what we're doing. 878 00:43:53,440 --> 00:43:55,560 Yeah, yeah. The second you talk about, hey, 879 00:43:55,560 --> 00:43:57,520 we've been building this British market for eight months, hey, 880 00:43:57,520 --> 00:43:59,640 guess what, we're adopting Myriad's token from the 881 00:43:59,640 --> 00:44:04,160 foundation. You know, it's just name of the 882 00:44:04,160 --> 00:44:05,640 game. So tell us more about this. 883 00:44:05,680 --> 00:44:09,640 This thing I saw, I was, I think I'm in, think the boys were in. 884 00:44:09,640 --> 00:44:11,160 I think 80 other thousand people are in. 885 00:44:11,160 --> 00:44:12,760 So this is not an insider cabal thing. 886 00:44:12,760 --> 00:44:14,880 Don't worry, there's 80,000 people on this fucking list. 887 00:44:16,040 --> 00:44:18,440 Or addresses that is. That's a little. 888 00:44:19,480 --> 00:44:20,720 Yeah, yeah. So that's a little that's a 889 00:44:20,760 --> 00:44:22,520 little intimidating. I've like, we fucked up the 890 00:44:22,520 --> 00:44:23,640 messaging. There's just a lot of words 891 00:44:23,640 --> 00:44:25,480 there instead of like clear, concise. 892 00:44:25,640 --> 00:44:26,600 Learn that, learn that. This. 893 00:44:26,600 --> 00:44:28,680 Is a really big positive. I think the messaging was just 894 00:44:28,680 --> 00:44:31,000 long for the average decent doesn't read, but if you dig 895 00:44:31,000 --> 00:44:32,960 into it, it's very interesting concept. 896 00:44:33,600 --> 00:44:35,680 Yeah. So like it all, it all stems 897 00:44:35,680 --> 00:44:38,160 from the ethos of like trying to return to the days of old, 898 00:44:38,200 --> 00:44:39,840 right? Like making sure people who want 899 00:44:39,840 --> 00:44:42,840 to be able to get invested in these ecosystems and own a part 900 00:44:42,840 --> 00:44:46,240 of the network are able to do it early and on the same terms as 901 00:44:46,240 --> 00:44:48,840 people that traditionally would be private market, right. 902 00:44:48,840 --> 00:44:52,720 So, right, the team has deliberately since day one off 903 00:44:52,720 --> 00:44:54,960 shot or like or put off raising, right. 904 00:44:54,960 --> 00:44:57,400 They there is 20 million total to get off the ground. 905 00:44:57,400 --> 00:44:59,400 The project's been going for three years, but they raised 20 906 00:44:59,400 --> 00:45:03,000 million from Italic Lubin, like Dragonfly, whatever that got 907 00:45:03,000 --> 00:45:04,960 them going. The next thing we raised was 10 908 00:45:04,960 --> 00:45:07,600 million from the Echo round. That was 3400 people from on 909 00:45:07,600 --> 00:45:09,440 chain. When we did that, we said like 910 00:45:09,440 --> 00:45:11,680 guys, this isn't we're not done. We're looking for other 911 00:45:11,680 --> 00:45:15,040 mechanisms to allow for people to be able to get exposure to us 912 00:45:15,040 --> 00:45:17,360 if they want it. And we're going to look for on 913 00:45:17,360 --> 00:45:18,960 chain native ways to do it, right. 914 00:45:18,960 --> 00:45:22,120 So we did echo, knowing echo is not perfect, right? 915 00:45:22,160 --> 00:45:25,040 I'm AUS citizen, I couldn't even participate in that right? 916 00:45:25,040 --> 00:45:26,480 If you don't meet the right criteria, if you're not signed 917 00:45:26,480 --> 00:45:29,240 up like it's just not awesome. So we know we have to deploy 918 00:45:29,240 --> 00:45:30,360 this in a couple of different ways. 919 00:45:30,760 --> 00:45:35,000 Again, we could have raised $100 million from a bunch of VCs, but 920 00:45:35,000 --> 00:45:39,960 we think the, the, the love of the game has been lost a little 921 00:45:39,960 --> 00:45:41,280 bit. And the way to build a true 922 00:45:41,280 --> 00:45:42,760 community. If you're trying to like spawn 923 00:45:42,760 --> 00:45:46,560 an ecosystem, you have to align incentives through straight up 924 00:45:46,560 --> 00:45:48,320 wealth generation, right? That, that is something that's 925 00:45:48,320 --> 00:45:51,760 very, very sticky, right? If we can, if we can give people 926 00:45:51,880 --> 00:45:53,720 good exposure to the stuff, not let it be captured in the 927 00:45:53,720 --> 00:45:54,880 private market, then we can do that. 928 00:45:54,880 --> 00:45:57,480 So this was the second installment of like a tactic for 929 00:45:57,480 --> 00:45:59,400 doing that. We're, we did whatever we could. 930 00:46:00,200 --> 00:46:02,200 I, I couldn't even participate because I'm AUS citizen, but 931 00:46:02,200 --> 00:46:06,240 like, the team did whatever they could to make this explicit, 932 00:46:06,440 --> 00:46:07,680 right? Like it could have been a bear 933 00:46:07,680 --> 00:46:09,480 chain thing, right? Oh, we're doing some NFTS. 934 00:46:09,480 --> 00:46:11,240 Three years later, you still don't know what the fuck you're 935 00:46:11,240 --> 00:46:12,400 getting and you're still gambling on it. 936 00:46:12,720 --> 00:46:16,640 We in here said straight up these at a minimum are going to 937 00:46:16,640 --> 00:46:18,440 represent 5% of the network. Right. 938 00:46:18,440 --> 00:46:23,040 Wow. So it's 5% at minimum, right, At 939 00:46:23,040 --> 00:46:27,520 minimum, at minimum. So it's it's yeah. 940 00:46:27,520 --> 00:46:31,560 So the that's the thing, right. So it's five, it's 10,000 a PS 941 00:46:31,600 --> 00:46:35,000 for 5% at minimum of the network with the ability to dynamically 942 00:46:35,000 --> 00:46:37,720 increase, right. So again, we haven't released 943 00:46:37,720 --> 00:46:39,800 the details on that, but you can do it And then they come. 944 00:46:39,800 --> 00:46:42,320 It's it's similar to our echo terms, right? 945 00:46:42,320 --> 00:46:44,680 That comes with vesting whatever, but we include in here 946 00:46:44,680 --> 00:46:47,160 KPI vesting, right. So if you do certain things over 947 00:46:47,160 --> 00:46:50,640 the next X amount of months then the IT accelerates the unlock. 948 00:46:50,640 --> 00:46:53,920 So it's 50% at TGE, but it can be potentially more based on 949 00:46:53,920 --> 00:46:56,040 like your contributions this. Is great. 950 00:46:56,360 --> 00:46:58,720 I love this. TBD on it, right, like where we 951 00:46:58,720 --> 00:47:02,240 can't release everything, but we will have stuff and then we're 952 00:47:02,240 --> 00:47:04,840 doing it in two tranches, right? So 10,000 total, right? 953 00:47:04,840 --> 00:47:07,040 It's so it's like that's like $30 million at current ETH price 954 00:47:07,040 --> 00:47:09,280 because it's one ETH per, but we're doing it in two tranches. 955 00:47:09,280 --> 00:47:10,520 We don't have the fucking chain yet. 956 00:47:10,720 --> 00:47:12,480 We have a test Nets coming at the end of the month. 957 00:47:12,920 --> 00:47:15,280 Are, you know, 30 days ish, like, you know, whatever. 958 00:47:16,360 --> 00:47:18,800 So we can't do anything to say like, oh, you've been a big 959 00:47:18,800 --> 00:47:20,160 user, You've been like, we don't have that right. 960 00:47:20,160 --> 00:47:23,160 So this 1st 5000 is, is retroactive. 961 00:47:23,160 --> 00:47:26,600 We looked for people throughout the ecosystem that did things, 962 00:47:26,600 --> 00:47:29,520 displayed stuff that we thought were valuable to the ecosystem, 963 00:47:29,720 --> 00:47:31,960 whether it was a you, you're a big Pendle fly user, you're an 964 00:47:31,960 --> 00:47:34,800 owner of a couple NFTS, you attended some of our events. 965 00:47:34,800 --> 00:47:37,800 You like our spaces host, like I reached out to like the team 966 00:47:37,800 --> 00:47:39,760 reached out to a bunch of people to make sure that like you guys 967 00:47:39,920 --> 00:47:41,680 have been contributing, people have been contributing, right? 968 00:47:41,680 --> 00:47:43,480 We want to make sure those people and artists like 969 00:47:43,480 --> 00:47:45,840 whatever. So those people are involved, 970 00:47:45,920 --> 00:47:47,120 right? They have the ability and 971 00:47:47,120 --> 00:47:50,120 that's, that was the original 80K list, right? 972 00:47:50,120 --> 00:47:52,600 So that is not the fact that who is going to be minting. 973 00:47:52,600 --> 00:47:54,960 That's just who's eligible to register to do whatever, right? 974 00:47:54,960 --> 00:47:57,720 So the actual number who can actually mint are the ones who 975 00:47:57,720 --> 00:48:00,560 then like take their emails or like like, I think they did like 976 00:48:00,560 --> 00:48:02,160 all the Ogs from like Solana, right? 977 00:48:02,160 --> 00:48:03,880 So like there's a lot of people that just straight up aren't 978 00:48:03,880 --> 00:48:05,880 going to check. They'll come in, they can 979 00:48:05,880 --> 00:48:09,680 register their address, that will put them on the list, and 980 00:48:09,680 --> 00:48:13,000 then that will will. We're then working on it like 981 00:48:13,120 --> 00:48:14,280 we're afraid of a gas war. We don't. 982 00:48:14,280 --> 00:48:15,560 We don't want that. That's a bad experience. 983 00:48:15,560 --> 00:48:18,080 Yeah, that was going to ask like yo, OK. 984 00:48:18,240 --> 00:48:20,920 Yeah, like to be honest, like we thought this would be well 985 00:48:20,920 --> 00:48:22,280 received. We didn't think it would be as 986 00:48:22,280 --> 00:48:24,280 well received as it was, especially around the Baromet 987 00:48:24,280 --> 00:48:25,960 and stuff. Like we kind of acknowledged 988 00:48:25,960 --> 00:48:28,520 that and it turned out it was really well as chiefs, like, OK, 989 00:48:28,520 --> 00:48:29,800 now we got to make sure we don't. 990 00:48:30,080 --> 00:48:34,840 We don't, Yeah, there you go. We have to make sure we don't, 991 00:48:34,880 --> 00:48:37,680 don't we do a gas war right 'cause that like effectively 992 00:48:37,680 --> 00:48:39,240 raises the valuation of what you're actually getting. 993 00:48:39,520 --> 00:48:43,720 So what all this just say is like we're iterating right now 994 00:48:43,720 --> 00:48:45,920 on the back end to see what we can do to mitigate that. 995 00:48:45,920 --> 00:48:47,840 We're going to try to, we have two waves, right? 996 00:48:47,840 --> 00:48:50,280 The first day is like guaranteed and free mints for people who've 997 00:48:50,280 --> 00:48:51,680 been like strong supporters, all that shit. 998 00:48:52,040 --> 00:48:54,640 And then the second one is just a first come, first serve. 999 00:48:55,040 --> 00:48:56,400 You know, again, we're playing with it. 1000 00:48:56,400 --> 00:48:57,800 We have a vote open right now to make sure. 1001 00:48:57,800 --> 00:49:01,520 Yeah, I voted RNG. Yeah, like and it's a 1002 00:49:01,520 --> 00:49:03,560 combination of stuff. So like one like people are 1003 00:49:03,560 --> 00:49:05,480 going to register. So I encourage everyone if you 1004 00:49:05,480 --> 00:49:08,560 are check your wallets like we put out a post yesterday on the 1005 00:49:08,560 --> 00:49:10,480 main account if you go. To the so you do this like you 1006 00:49:10,480 --> 00:49:13,600 just and you make sure you're in or something. 1007 00:49:13,920 --> 00:49:16,720 Yeah, like choose your wallet. Like I just go register one for 1008 00:49:16,720 --> 00:49:19,400 fantasy, one for friend tech. Yeah, that makes you quick. 1009 00:49:19,400 --> 00:49:21,000 So like, I'm in, log in and delegate. 1010 00:49:22,480 --> 00:49:24,960 Yeah, the verbiage is sucks. It sucks, dude, I had to work 1011 00:49:24,960 --> 00:49:26,480 that shit so much. But yeah, do that all the time. 1012 00:49:26,720 --> 00:49:28,840 So people know like see my wallet was eligible. 1013 00:49:28,840 --> 00:49:31,080 So you probably like there's 80,000 people eligible like 1014 00:49:31,080 --> 00:49:34,920 this. Yes, make sure you do the rest 1015 00:49:34,920 --> 00:49:38,720 like what I just I'm about to do now to delegate and everything. 1016 00:49:38,960 --> 00:49:40,640 OK, Yeah. And we're seeing that stuff on 1017 00:49:40,640 --> 00:49:42,400 the back end that like, yeah, some people are coming to the 1018 00:49:42,400 --> 00:49:44,240 screen and seeing that, like not realizing they have to do that. 1019 00:49:44,240 --> 00:49:45,840 So we're going to update verbiage, put out copy, make 1020 00:49:45,840 --> 00:49:48,360 sure people do that so that we can do that. 1021 00:49:48,360 --> 00:49:50,920 But yeah, so we're going to try to get a subset of of wallets 1022 00:49:50,920 --> 00:49:53,680 that actually register, get an RNG from that subset, let them 1023 00:49:53,680 --> 00:49:57,040 mint, try to do it as in as least a rush as possible. 1024 00:49:57,040 --> 00:49:59,760 If we can just like push people into the guarantee day, you 1025 00:49:59,760 --> 00:50:02,320 know, up up that a little bit so they can still pay, but it's not 1026 00:50:02,320 --> 00:50:03,920 a rush. And then do like a smaller first 1027 00:50:03,920 --> 00:50:06,440 come, first serve. We're, we're iterating, but 1028 00:50:06,720 --> 00:50:07,840 we'll have news coming out on that. 1029 00:50:07,960 --> 00:50:09,720 But that's the goal, right? So that's this whole thing is 1030 00:50:09,720 --> 00:50:11,480 just to allow people to participate. 1031 00:50:11,480 --> 00:50:13,480 First 5K is based on retroactive stuff. 1032 00:50:13,840 --> 00:50:16,240 We have another 5K coming in a couple of months. 1033 00:50:16,240 --> 00:50:18,280 The second-half of the collection that will be purely 1034 00:50:18,280 --> 00:50:21,120 proactive activity, right? So like we'll have a chain live, 1035 00:50:21,120 --> 00:50:23,640 we'll have socials up. We'll like we'll be able to do 1036 00:50:23,640 --> 00:50:26,600 things to identify people that are contributing proactively. 1037 00:50:27,320 --> 00:50:28,840 And that's what that'll be for to widen that. 1038 00:50:28,880 --> 00:50:32,080 And then not, not, not done. We're trying to find ways to do 1039 00:50:32,080 --> 00:50:33,920 this stuff of. Course no, it's awesome. 1040 00:50:33,920 --> 00:50:35,560 So I just did the thing. It says congratulations 1041 00:50:35,560 --> 00:50:37,480 Megamind. So just for the people like make 1042 00:50:37,480 --> 00:50:39,760 sure you go through the process and then once you get the 1043 00:50:39,760 --> 00:50:43,560 congratulations Megamind message, I'm assuming this is 1044 00:50:43,560 --> 00:50:45,080 when you're done and you're good. 1045 00:50:45,640 --> 00:50:50,160 So OK, this is great, This is exciting, but I guess like when 1046 00:50:50,160 --> 00:50:52,240 the shit launches, I mean you're welcome to come back on and do 1047 00:50:52,240 --> 00:50:53,480 all this stuff. So that was exciting. 1048 00:50:53,480 --> 00:50:55,360 Unless Tyler reminded you have any other questions but. 1049 00:50:55,480 --> 00:50:56,680 See what love have you guys been doing? 1050 00:50:56,960 --> 00:50:58,240 You know, appreciate you kind of I didn't. 1051 00:50:58,240 --> 00:50:59,560 I didn't know exactly what mega youth was. 1052 00:50:59,560 --> 00:51:01,920 I'll be honest so I have a much better understanding. 1053 00:51:02,080 --> 00:51:04,400 Yeah, this is great. Like short suite, we kind of got 1054 00:51:04,400 --> 00:51:07,280 the gist of it, you know, from the more DJ and like we don't 1055 00:51:07,280 --> 00:51:08,560 have to get too techy, nerdy and stuff. 1056 00:51:08,560 --> 00:51:10,240 Like people can go read the dogs for that. 1057 00:51:10,240 --> 00:51:12,720 Like I think this was great. We'll clip it, post it across 1058 00:51:12,720 --> 00:51:15,400 and and and make sure we get that on the timeline. 1059 00:51:15,400 --> 00:51:19,200 Brad Guy, thank you for coming. Sit tight because you might be 1060 00:51:19,200 --> 00:51:20,160 our lucky charm today.