1 00:00:00,240 --> 00:00:02,640 Hey everyone, I guess I'm going to host it. 2 00:00:02,640 --> 00:00:05,080 I just love how you just like you're just you're just so 3 00:00:05,080 --> 00:00:07,320 gormless. I thought you would because you 4 00:00:07,320 --> 00:00:09,760 it was like over your audio. You would you would say, Hey 5 00:00:09,760 --> 00:00:10,840 everyone, but. Oh, is that? 6 00:00:10,920 --> 00:00:12,840 Oh, is that is that? Is that I don't know. 7 00:00:13,160 --> 00:00:16,120 I guess it should have been me. I I wasn't there. 8 00:00:16,560 --> 00:00:19,880 But yeah. Welcome everyone to another sort 9 00:00:19,880 --> 00:00:23,160 of two British guys awkwardly on a space. 10 00:00:24,520 --> 00:00:31,120 It is today's host, myself and OSF, Farouk and the gang are in 11 00:00:31,120 --> 00:00:35,000 Dubai and see increasingly better weather photos coming out 12 00:00:35,080 --> 00:00:37,320 of Dubai. Lots of pool parties. 13 00:00:38,040 --> 00:00:42,480 Cowley, who is a occasional Co host of this show, is at his 14 00:00:42,480 --> 00:00:46,640 first pool party ever, he says and doesn't look like he's 15 00:00:46,640 --> 00:00:48,040 enjoying it that much if I'm honest. 16 00:00:48,840 --> 00:00:51,880 But yeah, we'll be, we'll be covering all the crypto stuff 17 00:00:51,880 --> 00:00:54,120 while they're what everyone else is having a good time. 18 00:00:54,600 --> 00:00:58,400 It finally feels like we're having a slightly better day, so 19 00:00:58,880 --> 00:01:03,040 maybe we can we can all breathe a collective sigh of relief. 20 00:01:04,440 --> 00:01:12,560 We did briefly touch 5859 1/2 K again yesterday, but we have now 21 00:01:12,560 --> 00:01:15,760 bounced. Bitcoin is at 64 K nearly, 22 00:01:16,280 --> 00:01:22,400 Solana is around 1:40 and I think ETA is around 3100 so 23 00:01:22,920 --> 00:01:27,120 decent bounce across the board. How are you feeling today or 24 00:01:27,120 --> 00:01:30,360 stuff? I just remember, I mean we had a 25 00:01:30,880 --> 00:01:34,680 double session yesterday, then we had the KBM radio space. 26 00:01:35,360 --> 00:01:39,560 Oh yeah, I just remember. KBM Classic KBM, it's all over. 27 00:01:39,560 --> 00:01:40,680 It's. All over. 28 00:01:42,560 --> 00:01:44,680 Shame we got liquidated because those trades would have worked 29 00:01:44,680 --> 00:01:45,520 out I. Mean. 30 00:01:45,840 --> 00:01:49,640 Would be tasty right now, yeah. Destroying it if we hadn't run 31 00:01:49,640 --> 00:01:53,440 liquidated. KBM did switch bullish but then 32 00:01:53,440 --> 00:01:55,600 took the trade off. He just classically over traded. 33 00:01:55,600 --> 00:01:57,960 He texted me before we went live and was like oh for fuck's sake. 34 00:01:57,960 --> 00:02:00,840 Like I think it was a very small dip this. 35 00:02:01,080 --> 00:02:03,520 And he was like oh I lost all the all the gains I made the day 36 00:02:03,520 --> 00:02:06,760 before. He like lost it because cryptos 37 00:02:06,760 --> 00:02:10,400 is crazy volatile at the moment and it's volatile unlike 38 00:02:10,400 --> 00:02:12,160 Bitcoin. Bitcoin is like Bitcoin is 39 00:02:12,160 --> 00:02:16,520 moving 5% a day, which is you just don't you just don't tend 40 00:02:16,520 --> 00:02:22,960 to see I am spaces out like we did show yesterday, then we did 41 00:02:22,960 --> 00:02:25,520 wrecked radio. Then I've been on court balls to 42 00:02:25,520 --> 00:02:32,320 calls all morning, just did a little an hour long duck Jesus 43 00:02:32,320 --> 00:02:38,360 space in Mandarin and now now seamlessly going into a show 44 00:02:38,720 --> 00:02:41,800 with my best mate. So let's see, let's see how this 45 00:02:41,800 --> 00:02:45,880 one goes. How you think we think this this 46 00:02:45,880 --> 00:02:48,600 is going to be. This is the day that we bounce 47 00:02:48,600 --> 00:02:51,160 and everyone forgets everything is bad in the world. 48 00:02:51,160 --> 00:02:53,080 It does feel like stocks are having a better day. 49 00:02:53,080 --> 00:02:55,440 They they've been down for four straight days and now they're 50 00:02:55,440 --> 00:02:59,960 bouncing to I don't know if we're calling the bottom yet, 51 00:03:00,760 --> 00:03:04,720 but it certainly feels like a nice a nice day. 52 00:03:04,720 --> 00:03:07,360 Like I can't imagine we're immediately going to go down 53 00:03:07,360 --> 00:03:10,240 back to 59 1/2. We did We did say that we 54 00:03:10,240 --> 00:03:11,760 thought it could go below 60 again. 55 00:03:11,760 --> 00:03:14,440 It did and then it bounced pretty strong. 56 00:03:16,080 --> 00:03:21,320 Most altcoins interestingly made a higher low actually again on 57 00:03:21,320 --> 00:03:26,000 that move, Bitcoin did make a lower low, I think, but Solana 58 00:03:26,400 --> 00:03:30,240 didn't go down to 113 again, ETH didn't go down to 2800. 59 00:03:30,240 --> 00:03:34,680 It was most altcoins actually printed a a higher low there, 60 00:03:34,680 --> 00:03:38,840 which normally indicates that you've kind of seen the the near 61 00:03:38,840 --> 00:03:40,720 term bottom in for a lot of coins. 62 00:03:40,720 --> 00:03:45,680 So I'm feeling I'm feeling slightly better than I was 24 63 00:03:45,680 --> 00:03:46,560 hours ago. What about you? 64 00:03:47,720 --> 00:03:50,680 Yeah, I think so. It feels a bit less panicky now, 65 00:03:50,680 --> 00:03:52,760 doesn't it? Like we, we were having, we've 66 00:03:52,760 --> 00:03:57,120 had a couple of panicky moments over the weekend, yesterday and 67 00:03:57,120 --> 00:03:59,520 it feels like the people who panicked probably sold into 68 00:03:59,520 --> 00:04:00,880 that. And then we've we've since 69 00:04:00,880 --> 00:04:03,920 bounced back without really like completely nuking. 70 00:04:03,920 --> 00:04:07,400 Like both of those times we had these big red candles Wicks 71 00:04:07,400 --> 00:04:09,960 down, but it got bought up pretty quickly and then we 72 00:04:09,960 --> 00:04:13,080 managed to kick on afterwards. So let's see. 73 00:04:13,080 --> 00:04:14,240 I mean, like we've had higher lows. 74 00:04:14,240 --> 00:04:16,920 We've also had lower highs from from these bouncers too. 75 00:04:16,920 --> 00:04:20,519 So that Channel seems to be getting like narrower and 76 00:04:20,519 --> 00:04:23,560 narrower. So I just think it's going to be 77 00:04:23,680 --> 00:04:27,320 continued consolidation between, I think I said on the show, I 78 00:04:27,320 --> 00:04:29,920 think I said between 60 and 70 K, which was quite a wide range, 79 00:04:29,920 --> 00:04:32,600 but it seems to be there there abouts that feels like it's now 80 00:04:32,720 --> 00:04:36,880 between 60 and 65 K. So let's see. 81 00:04:36,880 --> 00:04:43,560 I think I, I'm a big believer in narrative follows price rather 82 00:04:43,560 --> 00:04:46,520 than price follows narrative. And I think sometimes people 83 00:04:46,520 --> 00:04:49,640 just nuke prices because they're manipulating markets or they 84 00:04:49,640 --> 00:04:51,640 just want to sell a lot of shit or whatever. 85 00:04:51,960 --> 00:04:53,640 And then prices go lower. Then everyone's like, Oh my God, 86 00:04:53,920 --> 00:04:55,160 things in the world are really bad. 87 00:04:55,160 --> 00:04:57,000 I click on face, look at this, look at this, look at this. 88 00:04:57,680 --> 00:04:59,760 Then as soon as prices go up again, everyone was like, Oh my 89 00:04:59,760 --> 00:05:02,240 God, things are good. And it's like, well, you know, 90 00:05:02,240 --> 00:05:04,160 are you saying things are bad or things are good because of the 91 00:05:04,160 --> 00:05:05,520 reasons you're saying things are bad or things are good? 92 00:05:05,520 --> 00:05:07,840 Or are you saying them because the price is lower or the price 93 00:05:07,840 --> 00:05:10,800 is higher? And I often think narrative 94 00:05:10,800 --> 00:05:12,840 follows price. So, you know, if crypto moves up 95 00:05:12,840 --> 00:05:16,440 10% from here, everyone's going to be like, Oh yeah, like, you 96 00:05:16,440 --> 00:05:19,440 know, ETF projections priced in. Like what if it gets approved 97 00:05:19,440 --> 00:05:23,320 like Hong Kong ETS, Bitcoin halving, like, you know, 98 00:05:24,360 --> 00:05:26,800 elections Fed might stop to cut rates before, you know, like 99 00:05:26,800 --> 00:05:29,840 suddenly all the like the bull, the bull pieces come out and 100 00:05:30,160 --> 00:05:33,680 everyone stops, stops talking about the bear theses and vice 101 00:05:33,680 --> 00:05:35,280 versa when things go down. So. 102 00:05:37,320 --> 00:05:39,520 So I, I agree with that to an extent. 103 00:05:39,640 --> 00:05:43,680 I think sometimes, you know, event does cause price to go 104 00:05:43,680 --> 00:05:46,760 lower. But then I think you need as a 105 00:05:46,760 --> 00:05:49,400 trader, you, you, you want to be looking for those points. 106 00:05:50,280 --> 00:05:56,320 Like it has felt since Monday where there was no there was no 107 00:05:56,320 --> 00:05:58,040 explanation why we were going lower. 108 00:05:58,280 --> 00:06:04,840 Do you know what I mean? Like, yes, last Friday with Iran 109 00:06:05,120 --> 00:06:09,840 about to fire missiles at Israel, like yeah, OK, things 110 00:06:09,840 --> 00:06:11,480 can go down and the same over the weekend. 111 00:06:11,720 --> 00:06:15,840 That being said, when everything seems like simmer down and there 112 00:06:15,840 --> 00:06:19,440 was no real reason why Bitcoin or anything was underperforming, 113 00:06:19,720 --> 00:06:23,480 those are the sort of periods where you can look out for like 114 00:06:23,480 --> 00:06:27,320 1-1 more retrace or like one like Max Payne. 115 00:06:27,320 --> 00:06:29,720 Like everyone freaks out and then they can rip back because 116 00:06:29,880 --> 00:06:31,520 there's nothing actually keeping it lower. 117 00:06:31,720 --> 00:06:33,960 Like you said. It's just then it's people make 118 00:06:33,960 --> 00:06:36,640 make up stuff about why it should go, why it should go 119 00:06:36,640 --> 00:06:39,960 lower, but there's no real reason like Bitcoin going below 120 00:06:39,960 --> 00:06:42,920 60 K. Like why was that? 121 00:06:42,960 --> 00:06:46,040 Because because it had gone up so much because people basically 122 00:06:46,040 --> 00:06:48,480 panicked, which which kind of just tells you that we needed to 123 00:06:48,480 --> 00:06:52,600 have a little bit of a shake out and like you said, then we can 124 00:06:52,600 --> 00:06:55,080 go higher. So I think sometimes, yeah, 125 00:06:55,480 --> 00:07:00,600 narrative follows price. And I think you that's the time 126 00:07:00,600 --> 00:07:04,080 when you should be, you can make the most, make the most, right 127 00:07:04,080 --> 00:07:06,200 when it's like, no one really knows why things are going 128 00:07:06,200 --> 00:07:09,560 lower, but they're going lower. Those are the times where they 129 00:07:09,560 --> 00:07:12,120 can really go a lot higher. And everyone can be like, well, 130 00:07:12,120 --> 00:07:14,000 we have no idea why it was lower in the first place. 131 00:07:14,240 --> 00:07:16,240 Yeah, exactly. Yeah, right. 132 00:07:17,040 --> 00:07:19,600 That's that I would agree. I I really agree with that. 133 00:07:19,600 --> 00:07:21,960 Like it definitely felt like that we've we've I mean we've 134 00:07:21,960 --> 00:07:25,000 been here on the show being like not really too sure why 135 00:07:25,000 --> 00:07:29,800 everything's feels so terrible. Still think that we that Bitcoin 136 00:07:29,800 --> 00:07:33,920 could go lower here, but still very bullish. 137 00:07:34,320 --> 00:07:38,040 I think I I said I said I thought the bottom would be the 138 00:07:38,040 --> 00:07:41,360 realised price for Bitcoin, which is like 58 area. 139 00:07:41,920 --> 00:07:43,720 We kind of bounced higher than that. 140 00:07:44,080 --> 00:07:47,280 We could still hit that that sort of level, but there's 141 00:07:47,280 --> 00:07:49,480 nothing that tells me right now that Bitcoin should be a lot 142 00:07:49,480 --> 00:07:52,520 lower Like nothing gold has been hitting all time high. 143 00:07:54,640 --> 00:07:57,520 Oil is telling you that, you know, you don't have to be 144 00:07:57,520 --> 00:08:00,080 worried about an escalation in the Middle East. 145 00:08:00,080 --> 00:08:05,320 Oil's a three-week low now and the only real thing was like the 146 00:08:05,320 --> 00:08:07,920 bond market. But crypto has barely paid 147 00:08:07,920 --> 00:08:11,560 attention to the bond market for two years. 148 00:08:11,560 --> 00:08:17,360 So I, I, I wasn't really that, that worried about overly 149 00:08:17,360 --> 00:08:19,760 worried about things. It just felt like Chartist 150 00:08:19,760 --> 00:08:21,800 started to come out and be like, Oh yeah, well, this is where the 151 00:08:21,800 --> 00:08:24,040 technical resistance is. And you know, like, oh, we 152 00:08:24,040 --> 00:08:26,400 breakthrough that. That's kind of when you know 153 00:08:26,400 --> 00:08:28,800 that things could rip back, because there's no real reason 154 00:08:28,880 --> 00:08:30,400 why I should go, why I should go low. 155 00:08:30,880 --> 00:08:33,200 I think your your camera's frozen for me by the way, it 156 00:08:33,200 --> 00:08:37,440 might be an idea to to leave and re enter perhaps? 157 00:08:37,960 --> 00:08:41,640 Oh. Yeah, now it's just me again, by 158 00:08:41,640 --> 00:08:47,280 myself. I don't know if I should. 159 00:08:47,280 --> 00:08:49,640 Oh. Oh, Sims, I'm not by myself. 160 00:08:49,640 --> 00:08:51,720 I'm. Not going to leave you on your 161 00:08:51,720 --> 00:08:54,680 own, I'll just. Well, you have a, you have major 162 00:08:54,680 --> 00:08:55,920 echo I'll. Turn the phone down. 163 00:08:55,920 --> 00:08:57,840 I think Mike's back now. Good, Mike. 164 00:08:58,400 --> 00:09:01,600 There, he's back. Wonderful, still having some 165 00:09:01,600 --> 00:09:06,440 small Internet issues. When you have when you have 166 00:09:06,440 --> 00:09:09,040 seven floors in your house, it's tough to get full Internet 167 00:09:09,040 --> 00:09:09,800 coverage. I know. 168 00:09:11,320 --> 00:09:15,840 I really don't like I actually really don't, but I I will not 169 00:09:15,840 --> 00:09:19,520 be in this room come Monday. So we've got one more day of of 170 00:09:19,920 --> 00:09:23,360 me, me potentially having these sort of issues. 171 00:09:23,360 --> 00:09:24,640 Maybe we'll just cancel tomorrow's show. 172 00:09:24,640 --> 00:09:29,520 You know, everyone else do thing and we're just we're just 173 00:09:29,520 --> 00:09:36,240 hanging out. So yeah, in terms of the in 174 00:09:36,240 --> 00:09:40,880 terms of the crypto specific stuff, it it like we've seen a 175 00:09:40,880 --> 00:09:43,040 slightly better move even in some of the stuff that 176 00:09:43,040 --> 00:09:46,200 everyone's involved in. The ETFs themselves have have 177 00:09:46,200 --> 00:09:50,000 continued to see outflows. It looks like still I think it 178 00:09:50,000 --> 00:09:54,160 was the first day that you saw some of the I think the Fidelity 179 00:09:54,160 --> 00:09:56,080 or the Bitwise ETFs or an outflow. 180 00:09:56,400 --> 00:09:57,600 I'm not overly worried about that. 181 00:09:57,600 --> 00:09:59,880 Again, I think that's more what Obi just said. 182 00:09:59,880 --> 00:10:03,880 It's like flows were following price there towards the end. 183 00:10:03,880 --> 00:10:05,480 It wasn't anything, anything significant. 184 00:10:05,480 --> 00:10:08,600 We've had four days of outflows, but the total outflow is like 185 00:10:08,600 --> 00:10:10,920 less than 200 million or it's around 200 million. 186 00:10:10,920 --> 00:10:12,240 So over the whole of the four days. 187 00:10:12,240 --> 00:10:14,880 So it's like not been a big, big outflow period. 188 00:10:14,880 --> 00:10:16,520 It's just been like a nothing period. 189 00:10:18,280 --> 00:10:21,560 And some of the Unchained stuff that we've been seeing is that 190 00:10:21,560 --> 00:10:23,280 Bitcoin whales have been accumulating. 191 00:10:23,280 --> 00:10:25,960 There was there was something that came out that I think 2 192 00:10:25,960 --> 00:10:28,800 billion Bitcoin had been bought by accumulation wallets over the 193 00:10:28,800 --> 00:10:34,240 last over the last since it dipped under 63 K. 194 00:10:34,520 --> 00:10:35,960 I'll actually just share my screen. 195 00:10:36,040 --> 00:10:40,920 Hopefully this doesn't kill everything. 196 00:10:40,920 --> 00:10:44,760 Here we go. And then the other big thing 197 00:10:44,760 --> 00:10:48,000 that made me feel better today was this stable coin. 198 00:10:48,000 --> 00:10:52,840 Like what we've really seen here is that stable coin issuance 199 00:10:52,840 --> 00:10:56,120 continues to just hit new highs. I think finance actually 200 00:10:56,120 --> 00:11:01,280 converted some of their their emergency fund into stable coins 201 00:11:01,280 --> 00:11:04,640 yesterday. But you've seen a big divergent 202 00:11:04,640 --> 00:11:07,440 here between the price of Bitcoin and the stable coin 203 00:11:07,440 --> 00:11:10,680 flows that normally tells you that everyone's. 204 00:11:10,920 --> 00:11:14,560 Yeah, they this could be a big, big rally back because crypto 205 00:11:14,560 --> 00:11:18,360 itself is seeing, you know, a really, really big resurgence 206 00:11:18,360 --> 00:11:21,080 still in, in the amount of money being poured into it, even with 207 00:11:21,080 --> 00:11:24,040 Bitcoin going lower. So those are the things I saw 208 00:11:24,040 --> 00:11:27,120 today which which may be a little bit more bullish. 209 00:11:27,400 --> 00:11:31,120 It looks like finance also is now going to be I mean, I know a 210 00:11:31,120 --> 00:11:33,920 lot of them are based in Dubai, but it does seem like they've 211 00:11:33,920 --> 00:11:37,960 got a licence to trade there. So finance, which was a story 212 00:11:37,960 --> 00:11:40,480 about six months ago that, you know, this could be the end of 213 00:11:40,480 --> 00:11:43,320 finance. Their market share went down a 214 00:11:43,320 --> 00:11:46,120 lot over that period and everyone was worried. 215 00:11:46,200 --> 00:11:50,080 Obviously there were thread ORS writing tweets every every day 216 00:11:50,080 --> 00:11:52,200 about how they're, they're, they're going to go imminently 217 00:11:52,200 --> 00:11:53,680 default, which would have been a disaster. 218 00:11:53,680 --> 00:11:58,760 I think you're now seeing that finance market share has come 219 00:11:58,760 --> 00:12:01,640 roaring back and it feels as though Dubai is going to be 220 00:12:01,640 --> 00:12:04,920 there, there like HQ, so to speak. 221 00:12:06,320 --> 00:12:10,240 They're they're they're sitting there doing 13 billion or nearly 222 00:12:10,240 --> 00:12:14,160 14 billion of of normalise volume now on a daily basis, 223 00:12:14,160 --> 00:12:19,520 which is just that was that's really come back versus versus 224 00:12:19,520 --> 00:12:23,240 last few months. So I think looks like Dubai is 225 00:12:23,240 --> 00:12:27,520 going to cement itself even more now as a home for crypto with 226 00:12:27,520 --> 00:12:33,400 that finance move then then then being a decent a decent foothold 227 00:12:33,400 --> 00:12:37,280 now across that whole region, Asia, saving all of our bags, it 228 00:12:37,280 --> 00:12:41,760 looks like. And then I thought this was 229 00:12:41,760 --> 00:12:44,040 interesting as well. This is what we were talking 230 00:12:44,040 --> 00:12:48,640 about yesterday, but all the recent launches have been a bit 231 00:12:48,640 --> 00:12:51,520 of a disaster. Omni launched, wormhole 232 00:12:51,520 --> 00:12:55,280 launched, parcel launched. I think actually I saw a post 233 00:12:55,280 --> 00:13:00,880 from Sisyphus where you look at like Solana price versus all the 234 00:13:00,880 --> 00:13:03,480 different airdrops. Yeah, this this account is 235 00:13:03,480 --> 00:13:04,720 great. You follow this account. 236 00:13:06,160 --> 00:13:08,920 Yeah, I do basics in Z. Yeah, I love it. 237 00:13:10,680 --> 00:13:14,120 But like these, you know, you had PF, your GTO, your Jupiter 238 00:13:14,120 --> 00:13:17,560 and then all these airdrops have come and Solana has just like 239 00:13:18,280 --> 00:13:21,000 gone a lot lower and all these airdrops have really 240 00:13:21,000 --> 00:13:23,280 disappointed, really, really disappointed. 241 00:13:24,000 --> 00:13:26,960 Hopefully this whole narrative comes back, you know, like the 242 00:13:26,960 --> 00:13:29,160 whole AirDrop narrative. I think I think it's important 243 00:13:29,160 --> 00:13:31,840 like people want free money and they like those stories to come 244 00:13:31,840 --> 00:13:35,000 back to crypto, but all of these tokens that have been released 245 00:13:35,000 --> 00:13:37,280 since over the last month, they're all in the gutter 246 00:13:37,360 --> 00:13:40,240 basically like 10s has not done well, Z didn't do well, Sharky 247 00:13:40,240 --> 00:13:42,200 fight didn't do well pass I didn't do well. 248 00:13:42,200 --> 00:13:45,480 I think drifts it hasn't come out yet, but it's coming. 249 00:13:45,480 --> 00:13:48,680 But I think I think it is important. 250 00:13:49,000 --> 00:13:51,200 You, me and you have never really played the air drop game 251 00:13:51,200 --> 00:13:53,560 that much. Or it's kind of just like happy 252 00:13:53,560 --> 00:13:55,440 if it happens, but some people really keep playing. 253 00:13:55,560 --> 00:13:58,000 It's so much effort isn't it? Just can't be arsed. 254 00:13:58,000 --> 00:14:02,760 Like I can scroll around and do all the shit to get air drops. 255 00:14:02,760 --> 00:14:08,760 And yeah, just, I just, I mean, if I had no money or if I had a 256 00:14:08,920 --> 00:14:11,600 small amount of capital and I was trying to make it in crypto 257 00:14:11,600 --> 00:14:14,840 and I had a lot of time, I'd be farming, spending all my time 258 00:14:14,840 --> 00:14:18,200 farming air drops because it is just free money for the headache 259 00:14:18,200 --> 00:14:21,040 of going through these menial processes and the time it takes 260 00:14:21,040 --> 00:14:25,000 to do them. It's not really a game I want to 261 00:14:25,160 --> 00:14:28,840 play now because I just, I just don't know. 262 00:14:28,840 --> 00:14:31,960 It's just. I just think the people, people 263 00:14:31,960 --> 00:14:34,960 always say that it's free, but actually it's not necessarily 264 00:14:34,960 --> 00:14:36,640 free. Some of them are like, some of 265 00:14:36,640 --> 00:14:39,240 them are really easy to make and you have to do like three things 266 00:14:39,240 --> 00:14:41,520 on chambers. Some of them is like you have to 267 00:14:41,520 --> 00:14:44,440 be active or you have to be doing regular things. 268 00:14:44,920 --> 00:14:51,000 And I do think that as a rule, I value my time very high. 269 00:14:51,440 --> 00:14:54,520 Exactly. I think everyone should do that. 270 00:14:55,400 --> 00:14:58,800 Everyone should value their time very, very high because you'd be 271 00:14:58,800 --> 00:15:01,440 surprised at what you can achieve with your own time with 272 00:15:01,440 --> 00:15:04,960 a purpose. And I also think there's a 273 00:15:04,960 --> 00:15:08,960 security element to it too. Like I don't love, I just don't 274 00:15:08,960 --> 00:15:14,400 love experimenting on new chains or with new protocols that often 275 00:15:14,400 --> 00:15:19,080 because often like there are exploits that can, that can, if 276 00:15:19,080 --> 00:15:20,920 particularly if you're like you're using, you don't have 277 00:15:20,920 --> 00:15:24,440 that many different wallets. It can, it can be dangerous. 278 00:15:24,440 --> 00:15:26,280 But I do like it when people give me an AirDrop. 279 00:15:26,280 --> 00:15:29,000 But I, yeah, I'm not, I've never really been a big chaser, but a 280 00:15:29,000 --> 00:15:33,360 lot of the AirDrop farming stuff that's happened has really 281 00:15:33,360 --> 00:15:35,200 disappointed. It looks like over the last, 282 00:15:35,920 --> 00:15:39,800 over the last few months, which I think is, is we're going to 283 00:15:39,800 --> 00:15:43,600 need to get back to get people getting those stories again. 284 00:15:43,960 --> 00:15:46,080 Do you see this? Did you see this troll thread 285 00:15:46,080 --> 00:15:48,960 from from Gensler yesterday? Yeah, I did. 286 00:15:49,160 --> 00:15:50,080 I did. Fucking hell. 287 00:15:50,440 --> 00:15:53,240 I love that. Do you think he meant it or not? 288 00:15:53,240 --> 00:15:58,840 We'll bring it up now, but Gary Gensler put out a tweet. 289 00:15:58,840 --> 00:16:03,520 It's been an honour to serve as the SEC Chair of the last three 290 00:16:03,520 --> 00:16:05,120 years. I've seen first hand how the 291 00:16:05,120 --> 00:16:07,640 incredible staff of the SEC serve investors and issuers 292 00:16:07,640 --> 00:16:09,000 alike. A thread. 293 00:16:10,120 --> 00:16:14,400 Everyone in the comments thinks he's about to resign. 294 00:16:15,120 --> 00:16:18,480 He then goes on to talk about how great the SEC is for about 295 00:16:18,480 --> 00:16:22,600 1000 different tweets or about five more different tweets. 296 00:16:24,400 --> 00:16:26,120 Do you think he do you think he's just trolling at this 297 00:16:26,120 --> 00:16:27,520 stage? Do you do you like my do you 298 00:16:27,520 --> 00:16:29,480 like my reply to it? Well, what did you say? 299 00:16:37,360 --> 00:16:38,960 I thought that was a good one. Didn't get as. 300 00:16:38,960 --> 00:16:41,680 Didn't get as many likes as as. I like that one. 301 00:16:41,680 --> 00:16:43,040 I like that for you. Cheers. 302 00:16:46,520 --> 00:16:51,160 He's like, God, yeah, I'm a I'm a fan. 303 00:16:51,160 --> 00:16:55,560 I'm a fan. I he's going to go, right. 304 00:16:55,560 --> 00:16:57,720 He's got to go. He's he's definitely not making 305 00:16:57,720 --> 00:17:00,320 it through to the next next election, I think. 306 00:17:01,240 --> 00:17:04,760 He's in his last few days. Yeah, he's in his last few days 307 00:17:04,760 --> 00:17:07,599 for sure, I think. Because he's so clearly 308 00:17:07,599 --> 00:17:10,880 politically biased as well, Like he's so clearly in like the 309 00:17:10,880 --> 00:17:16,520 Warren camp. And I just think that he's like, 310 00:17:16,520 --> 00:17:24,240 you need, you need a bipartisan like leader of the SEC. 311 00:17:24,240 --> 00:17:27,520 You you like he says he just seems to be angling for a job 312 00:17:27,800 --> 00:17:33,040 in, in the Democratic administration. 313 00:17:33,040 --> 00:17:34,880 That's what I think he's been aiming for for a while. 314 00:17:35,280 --> 00:17:38,880 And I think we've got to get rid of him, got to get rid of him, 315 00:17:39,200 --> 00:17:42,000 get in Hester Pierce. I thought that was, that was one 316 00:17:42,000 --> 00:17:43,720 of the funniest, funniest moments yesterday. 317 00:17:44,960 --> 00:17:47,040 I mean, in the macro stuff, I already said this. 318 00:17:47,040 --> 00:17:50,840 Like for me, everything was, yeah, we had weak stocks, but 319 00:17:50,840 --> 00:17:53,680 nothing, I guess. Yeah, weak stocks. 320 00:17:53,680 --> 00:17:57,960 But in terms of like major, major fears, it was really just 321 00:17:57,960 --> 00:18:00,200 a retracement on anything. And stocks have come back 322 00:18:00,240 --> 00:18:05,480 relatively strong today. And then in terms of the stuff 323 00:18:05,480 --> 00:18:09,240 that we talk about, every single day looks like a slightly better 324 00:18:09,240 --> 00:18:14,480 day for for meme coins and NFTS. We won't talk about meme coins 325 00:18:14,480 --> 00:18:17,080 first, but I should talk about what's been going on in Yuga 326 00:18:17,080 --> 00:18:19,040 Labs over the last 24 hours because I thought it was very, 327 00:18:19,040 --> 00:18:26,040 very. Yuga Labs offloads 2 NFC games 328 00:18:26,040 --> 00:18:30,240 amid effort to unshackle BAYC team. 329 00:18:30,400 --> 00:18:34,760 So it looks like they have sold Heavy Metal and Legends of the 330 00:18:34,760 --> 00:18:40,920 Mara which were those games that everyone was playing to, you 331 00:18:40,920 --> 00:18:43,880 know with the fucking dookie I saw actually saw today. 332 00:18:43,880 --> 00:18:46,680 Like remember that person paid 1.3 million for the dookie dash 333 00:18:46,680 --> 00:18:49,080 coin. They then got convert key. 334 00:18:49,080 --> 00:18:52,160 They got then got converted into a heavy metal which has now been 335 00:18:52,160 --> 00:18:55,600 sold to this company far away. I reckon that got sold for a 336 00:18:55,600 --> 00:18:59,720 grand total of $0.00. I think they just wanted to get 337 00:18:59,720 --> 00:19:04,160 rid of that and I think that was the smartest move I've seen from 338 00:19:04,160 --> 00:19:07,560 MUGA Labs in two years. What about? 339 00:19:07,560 --> 00:19:13,840 What do you think? Yeah, look, I think I never, 340 00:19:13,840 --> 00:19:18,320 like, I'm too presumptuous about how that outfit has fallen. 341 00:19:20,360 --> 00:19:21,760 Like, I think they just raised a ton of money. 342 00:19:21,760 --> 00:19:23,560 And I think they probably had other forces saying you should 343 00:19:23,560 --> 00:19:25,200 do this, you should do this, you should do this. 344 00:19:25,720 --> 00:19:27,800 And they tried to do it and it didn't work out. 345 00:19:27,800 --> 00:19:30,720 So yeah, I think they've it's it's a sign that they've 346 00:19:30,720 --> 00:19:33,920 recognized that what they need to do is consolidate and maybe 347 00:19:33,920 --> 00:19:37,160 get rid of some of the noise and then focus back to their North 348 00:19:37,160 --> 00:19:41,440 star, which was apes and and should really be apes and other 349 00:19:41,440 --> 00:19:42,280 side as well. I guess. 350 00:19:42,280 --> 00:19:47,320 So I mean legends of the Mara, like, what the fuck was that 351 00:19:47,320 --> 00:19:50,200 about? Like it was just do you know 352 00:19:50,200 --> 00:19:52,440 what I mean? It was just like you, you had 353 00:19:52,440 --> 00:19:56,520 like dookie dash fine. You had heavy metal, which was a 354 00:19:56,520 --> 00:19:59,400 bit confusing, but it was kind of like a little bit on the road 355 00:19:59,400 --> 00:20:02,600 map and stuff. I was like, I was like, OK, And 356 00:20:02,640 --> 00:20:04,760 then just this fucking Legends of the Mara thing came out and I 357 00:20:04,760 --> 00:20:09,720 was like, what the fuck is this? It just, I don't know. 358 00:20:09,720 --> 00:20:12,240 It just felt like to me like they had a massive team and like 359 00:20:12,240 --> 00:20:14,600 everyone in that team had to have a job and go out there and 360 00:20:14,600 --> 00:20:17,040 do some random thing and then and now they've. 361 00:20:17,080 --> 00:20:18,640 So it's good that I think they've gotten rid of their 362 00:20:18,640 --> 00:20:20,280 stuff and hopefully they have fewer things to focus on. 363 00:20:20,280 --> 00:20:22,480 They can do them better. But yeah, it was just like. 364 00:20:23,360 --> 00:20:25,160 I think when they had the legends of the Mar, I think 365 00:20:25,160 --> 00:20:29,560 that's when we just sold the rest of what we had in Euglas 366 00:20:29,560 --> 00:20:32,120 because I was just like, this is not this is confusing why they 367 00:20:32,120 --> 00:20:36,200 have just like another not another chapter in the story, 368 00:20:36,200 --> 00:20:39,640 another book in the series before finishing the first book. 369 00:20:40,320 --> 00:20:45,240 Yeah, it's interesting because definitely goes goes away from 370 00:20:45,240 --> 00:20:47,200 what they did recently because they recently bought Moonbirds, 371 00:20:47,200 --> 00:20:49,200 right. But I think, I think everyone 372 00:20:49,360 --> 00:20:51,840 realises that they bought Moonbirds for the Treasury. 373 00:20:51,840 --> 00:20:55,880 They didn't buy the Moonbirds like really for the IP there. 374 00:20:56,160 --> 00:20:59,160 They bought it for the treasury and because A16Z because a 375 00:20:59,160 --> 00:21:03,800 bridge like both of their both of their investments there. 376 00:21:04,000 --> 00:21:07,360 Remember A16Z just raised $7.6 billion. 377 00:21:07,360 --> 00:21:12,240 So my guess is that they're not going to let Ugalabs fuck this 378 00:21:12,240 --> 00:21:15,080 one up. That being said, I think they 379 00:21:15,080 --> 00:21:22,000 need to, they need to continue to free the board ape team to 380 00:21:22,000 --> 00:21:25,360 not be overly focused on stuff that the community doesn't care 381 00:21:25,360 --> 00:21:28,440 about. It's a classic example. 382 00:21:28,440 --> 00:21:32,840 I think originally they kind of went on this expansion concepts, 383 00:21:32,840 --> 00:21:37,680 they bought punks, they bought, they then wanted to go and, you 384 00:21:37,680 --> 00:21:44,120 know, buy gaming assets, build out a whole gaming team and very 385 00:21:44,120 --> 00:21:47,200 little of it has really mattered to to to board ape holders. 386 00:21:47,200 --> 00:21:51,640 I think board ape holders really just wanted to have a good 387 00:21:51,640 --> 00:21:56,960 community that they could engage with and be seen as like having 388 00:21:56,960 --> 00:22:00,840 a, you know, having a Veblen good having like a cool social 389 00:22:00,840 --> 00:22:04,840 like online flex for them. And all that really needed 390 00:22:04,840 --> 00:22:12,240 honestly was I think events IRL, some IRL clubhouses, I think 391 00:22:12,240 --> 00:22:15,400 would have gone so much further than whatever they wasted on all 392 00:22:15,400 --> 00:22:20,080 this gaming stuff and probably continuing to do this kind of 393 00:22:20,080 --> 00:22:25,120 like quasi luxury or I don't know, cool St. wear style 394 00:22:25,280 --> 00:22:26,960 collapse. And I think they could have 395 00:22:26,960 --> 00:22:29,160 crushed it. I really think they could have. 396 00:22:30,040 --> 00:22:34,080 I think the coin was interesting, but perhaps they 397 00:22:34,280 --> 00:22:36,680 they bit off more than they could chew with the whole 398 00:22:36,680 --> 00:22:40,840 metaverse plan. If they just create like a cool 399 00:22:41,360 --> 00:22:44,440 online experience and maybe had to like do online quests for 400 00:22:44,440 --> 00:22:47,360 some of their community to do at the same time, that's kind of 401 00:22:47,360 --> 00:22:49,680 all you needed. But I think once they came out 402 00:22:49,680 --> 00:22:52,280 with the coin, they had to have this like massive concept for 403 00:22:52,280 --> 00:22:55,080 what it needed to be to get to the multi billions of dollar 404 00:22:56,160 --> 00:22:59,880 TVL. And look, we can't really 405 00:22:59,880 --> 00:23:01,920 complain. We, I think, and a lot of ape 406 00:23:01,920 --> 00:23:04,400 holders made a lot of money off those big, big dreams. 407 00:23:04,400 --> 00:23:07,080 So you can't really throw it back in their faces, but it's 408 00:23:07,080 --> 00:23:09,560 definitely been a burden for them at this stage. 409 00:23:09,560 --> 00:23:14,240 So I think, I think unshackling that selling stuff that the 410 00:23:14,240 --> 00:23:18,840 community does not give a shit about and refocusing is really 411 00:23:18,840 --> 00:23:21,440 what Bugle Labs would. If I was to be the CEO of UGLE 412 00:23:21,440 --> 00:23:24,760 Labs right now, I'd be fucking hatchet jobbing this thing and 413 00:23:24,760 --> 00:23:30,280 working out how to engage with my community even better than it 414 00:23:30,280 --> 00:23:32,800 is. Like, I think they do well with 415 00:23:32,800 --> 00:23:34,840 some of the community spaces. I think they have some good 416 00:23:34,840 --> 00:23:38,960 community leaders, but I think they need to, they just need to 417 00:23:38,960 --> 00:23:42,120 lean into more of the IRL stuff. I need to lean into this like 418 00:23:42,120 --> 00:23:44,600 street wear stuff that that originally was and I think they 419 00:23:44,600 --> 00:23:47,160 could do, They could still they could still save it. 420 00:23:47,160 --> 00:23:51,560 So if they go down that path, like I, you know, it's the most 421 00:23:51,560 --> 00:23:54,840 bullish. I looked at board apes in in two 422 00:23:54,840 --> 00:23:56,680 years. I I literally said to myself, 423 00:23:56,680 --> 00:24:00,480 should I buy some board apes? Maybe I will. 424 00:24:01,720 --> 00:24:03,520 What do you think? That's the last time I've 425 00:24:03,520 --> 00:24:05,000 thought that that could be the bottom. 426 00:24:07,200 --> 00:24:10,960 Just it's the the reason why no one is buying board apes I think 427 00:24:11,440 --> 00:24:13,480 is not because. It's I think. 428 00:24:14,120 --> 00:24:16,160 Well, it's not because they don't think it will go higher. 429 00:24:17,640 --> 00:24:21,480 I just think there's, so you're in a bull market of so many 430 00:24:21,480 --> 00:24:23,880 opportunities within the crypto space of things that are 431 00:24:24,200 --> 00:24:27,560 aggressively going higher with probably greater liquidity and 432 00:24:28,080 --> 00:24:30,920 maybe even a lower, you know, capital commitment if you're 433 00:24:30,920 --> 00:24:34,320 talking about gambling with less than $10,000, right? 434 00:24:34,320 --> 00:24:38,040 So it's just, it's not that like, oh, border X will never go 435 00:24:38,040 --> 00:24:41,720 higher and border X may double from here, but you know, in the 436 00:24:41,720 --> 00:24:43,720 time that they double, you may have lots of things that are 437 00:24:43,720 --> 00:24:46,520 doing like a 10X. And so I just think it's, it's 438 00:24:46,520 --> 00:24:48,960 less about like people not believing they'll ever go 439 00:24:48,960 --> 00:24:51,960 higher. It's more just people wanting to 440 00:24:51,960 --> 00:24:54,000 spend their capital on other things. 441 00:24:55,680 --> 00:24:59,600 And that unfortunately takes its toll on assets that are viewed 442 00:24:59,600 --> 00:25:02,400 as unfavorable right now. And if you're someone who is 443 00:25:02,400 --> 00:25:06,000 patient with a lot of capital to sit on and didn't need the 444 00:25:06,000 --> 00:25:09,760 liquidity, then some of these distressed players could be very 445 00:25:09,760 --> 00:25:12,600 interesting if you catch the right thing and you get the the 446 00:25:12,600 --> 00:25:15,960 momentum. But it's not a, it's not an easy 447 00:25:15,960 --> 00:25:18,160 money play, I don't think. And there are lots of easy money 448 00:25:18,160 --> 00:25:20,240 players right now. Do you think there are that many 449 00:25:20,240 --> 00:25:21,800 easy money players? We spoke about it yesterday, 450 00:25:21,800 --> 00:25:26,480 like mean coins right now for a lot of different coins. 451 00:25:26,560 --> 00:25:29,960 And it feels as though for a lot of them that were really just 452 00:25:29,960 --> 00:25:32,600 like they didn't really have a team behind and they only have 453 00:25:32,600 --> 00:25:37,080 like a they, you know, whereas like part of me thinks I look at 454 00:25:37,080 --> 00:25:40,160 this chart and I'm just like, yeah, I thought these could go a 455 00:25:40,160 --> 00:25:45,520 lot lower. I would love to like get them 456 00:25:45,520 --> 00:25:49,760 back on a space to talk to them and basically just tell them 457 00:25:49,760 --> 00:25:52,240 what I think they I mean, they lost their CEO since we last 458 00:25:52,240 --> 00:25:54,640 spoke to them, right? Like we spoke to Daniel Allegra 459 00:25:54,640 --> 00:25:58,960 last and he's gone. I'd love to just get like to get 460 00:26:01,760 --> 00:26:05,960 to get Gaga and and Gordon even and we can just chat it through 461 00:26:05,960 --> 00:26:08,640 let. Me ask you, let me ask you this 462 00:26:08,640 --> 00:26:11,240 question, yeah. What do you think outperforms in 463 00:26:11,240 --> 00:26:16,680 dollar terms and from now until the end of the year, board apes 464 00:26:16,680 --> 00:26:21,440 or Solana? Solana's difficult 1 remote 465 00:26:21,440 --> 00:26:24,120 right? I I, I, I would say that I 466 00:26:24,160 --> 00:26:30,080 think, I think board apes could double and I think Solana, 467 00:26:32,560 --> 00:26:35,840 Solana, yeah, I think you know what, I like them both. 468 00:26:36,240 --> 00:26:38,240 This is the thing about having a diversified portfolio. 469 00:26:38,240 --> 00:26:42,720 Like this is the first time in a long time I've thought about 470 00:26:42,720 --> 00:26:45,920 buying board apes. Like what's your downside here? 471 00:26:46,000 --> 00:26:50,120 Like if they are really going to H16Z has raised 7.6 billion, 472 00:26:50,440 --> 00:26:53,520 right? They are telling you explicitly 473 00:26:53,520 --> 00:26:58,920 they want to unshackle the board eight team and I think they got 474 00:26:58,920 --> 00:27:01,040 rid of Daniel Allegro and that tells you everything, right? 475 00:27:01,040 --> 00:27:03,040 Like tells you they don't want to go into gaming as much as 476 00:27:03,040 --> 00:27:09,480 they ever thought they used to. I think they need to probably do 477 00:27:09,480 --> 00:27:11,080 better at the community outreach. 478 00:27:11,160 --> 00:27:12,880 Like it still feels quite corporate there. 479 00:27:12,880 --> 00:27:16,960 I don't know if you feel like like this, it's gone that that 480 00:27:16,960 --> 00:27:21,680 like rawness of the interaction between like the team and the 481 00:27:21,680 --> 00:27:23,720 community. Part of that I think is because 482 00:27:23,720 --> 00:27:26,800 Gordon has gone, but they can get some of that back. 483 00:27:27,600 --> 00:27:31,000 This is, I'm not saying they're going back to 100, I'm just 484 00:27:31,000 --> 00:27:35,800 saying I think they can 2X quite quite easily, yeah. 485 00:27:35,960 --> 00:27:38,000 Yeah, I agree with that. That I agree with. 486 00:27:39,800 --> 00:27:42,680 I guess the only point I was trying to make is like, you 487 00:27:42,680 --> 00:27:46,960 know, you have if you're you're, you have lots of different risk 488 00:27:47,080 --> 00:27:50,240 reward plays across the market right now and some are more 489 00:27:50,240 --> 00:27:53,600 liquid than others. And some people will think, you 490 00:27:53,600 --> 00:27:56,120 know, maybe board apps can double from here until the end 491 00:27:56,120 --> 00:27:59,040 of the year, but Solana probably can as well, right? 492 00:27:59,480 --> 00:28:02,000 And maybe, maybe Sol could be even more than a double. 493 00:28:02,000 --> 00:28:04,800 So you're just in something that's like super liquid. 494 00:28:04,800 --> 00:28:08,400 That's a major that doesn't have any like, you know, as big a 495 00:28:08,400 --> 00:28:12,680 risk or or downside versus something that's like way more 496 00:28:12,680 --> 00:28:14,680 risky. But the upside story isn't 497 00:28:14,680 --> 00:28:16,600 there. Like if you told me, I think 498 00:28:16,600 --> 00:28:19,760 board apes had a chance of 10X ING, then that risk reward is 499 00:28:19,760 --> 00:28:21,760 suddenly interesting. But if it's like I'm playing for 500 00:28:21,760 --> 00:28:27,800 2X in crypto in a space where things are, you know, it's doing 501 00:28:27,800 --> 00:28:30,120 a lot. It's a tough, I think it's a 502 00:28:30,120 --> 00:28:31,920 tough one. Yeah, and. 503 00:28:32,280 --> 00:28:34,200 I think maybe there is a 10X in there, I don't know. 504 00:28:34,280 --> 00:28:37,960 Like I'm on right now, I'd 100% part I think part of it is also 505 00:28:37,960 --> 00:28:41,200 that I'm not that bullish on like as bullish on ether as a 506 00:28:41,200 --> 00:28:44,600 story as I was as well, which has made it a little bit more 507 00:28:44,600 --> 00:28:47,320 difficult. But I agree with you, like it's 508 00:28:47,320 --> 00:28:51,480 a liquid, I think for any major, if you were to buy like 50 board 509 00:28:51,480 --> 00:28:54,600 apes, like you've got a least thing that they can triple or 510 00:28:54,600 --> 00:28:57,200 quadruple. And I'm not sure if I can like 511 00:28:57,200 --> 00:29:02,080 make that play over the next six months or a year. 512 00:29:02,120 --> 00:29:06,320 Like I think I think you you're hoping for like a 2X here, in my 513 00:29:06,320 --> 00:29:08,680 opinion. Yeah, like if these go back to 514 00:29:08,680 --> 00:29:12,960 26, that'd be great, right? That'd be great. 515 00:29:12,960 --> 00:29:15,560 That'd be a real fucking win because I think crypto punks 516 00:29:16,120 --> 00:29:17,520 don't feel that great either right now. 517 00:29:17,520 --> 00:29:22,120 So you're talking about a world where ETH NFTS are on unloved 518 00:29:22,120 --> 00:29:25,640 sector. So if they were on Bitcoin, I'd 519 00:29:25,640 --> 00:29:28,520 definitely buy them. But yeah, I kind of agree with 520 00:29:28,520 --> 00:29:29,600 you. Oh, it's tough, man. 521 00:29:29,600 --> 00:29:33,480 These do look do look good. A lot of volume. 522 00:29:33,480 --> 00:29:34,840 Look at that. Look at all that volume come 523 00:29:34,840 --> 00:29:38,160 through. Interesting. 524 00:29:38,160 --> 00:29:40,760 I saw Cyrus buying some and he's smart guy. 525 00:29:40,840 --> 00:29:43,280 He bought some, he bought some mutants. 526 00:29:45,720 --> 00:29:50,160 I think I'd just buy the apes. But yeah, interesting to see 527 00:29:50,160 --> 00:29:51,440 that one. Let's see how that one 528 00:29:51,440 --> 00:29:53,440 developed. I think I'm going to hedge 529 00:29:53,440 --> 00:29:58,360 myself and say these are 100% going higher now, but I I'm not 530 00:29:58,360 --> 00:30:03,360 going to buy them yet. I just like you said, like I 531 00:30:03,360 --> 00:30:06,200 think I can put my money into other things which will probably 532 00:30:06,200 --> 00:30:09,120 go higher quicker on this rebound. 533 00:30:10,400 --> 00:30:17,360 That's what I reckon. And then I, I think there was 534 00:30:17,360 --> 00:30:19,760 another article here about how much gaming has been destroyed 535 00:30:20,480 --> 00:30:23,360 over this cycle. Like as a narrative, pretty much 536 00:30:23,400 --> 00:30:26,480 every major gaming coin has been smoked. 537 00:30:26,480 --> 00:30:31,520 Guys, don't know if I can bring up gaming coins, gaming coins, 538 00:30:33,080 --> 00:30:35,240 but it's been a very, very ugly period. 539 00:30:35,400 --> 00:30:40,720 Ugly month really for, for, for gaming coins, right? 540 00:30:40,720 --> 00:30:47,360 A portal down 77%, Marvia down 70%, big time 50%. 541 00:30:48,960 --> 00:30:51,360 These are all, you know, multi billion dollar coins. 542 00:30:53,640 --> 00:30:55,880 This is like a little good dip buy, doesn't it? 543 00:30:56,720 --> 00:31:01,200 One of the ugliest sectors for sure on this movement over the 544 00:31:01,200 --> 00:31:04,320 last two months. This is is that two months? 545 00:31:04,320 --> 00:31:08,880 That was right, Yeah. So like Bitcoin only started 546 00:31:08,880 --> 00:31:10,880 selling off a few weeks like 2 weeks ago. 547 00:31:11,080 --> 00:31:13,800 So that tells you how ugly we've erased. 548 00:31:14,160 --> 00:31:19,960 Not only have you erased a like the last in the last two weeks, 549 00:31:19,960 --> 00:31:21,680 you've erased gains for months There. 550 00:31:21,680 --> 00:31:23,720 These these are really horrific moves. 551 00:31:24,160 --> 00:31:27,440 This all of gaming right there. Like there's a few tokens that 552 00:31:27,440 --> 00:31:30,200 have gone higher, but very, very small and really floaky. 553 00:31:30,320 --> 00:31:31,560 They're calling that a gaming coin. 554 00:31:31,560 --> 00:31:36,200 Come on as a as a meme coin. So yeah, definitely not a good 555 00:31:36,200 --> 00:31:37,480 period. But Gala has been the only real 556 00:31:37,480 --> 00:31:41,200 one like major coin and prime, I would say that have have held up 557 00:31:41,200 --> 00:31:46,600 well in this move, but just a just a horrific time again to be 558 00:31:46,600 --> 00:31:50,000 caught being along a lot of a lot of gaming coins. 559 00:31:51,280 --> 00:31:52,880 Do you are you a dip buyer in this? 560 00:31:52,880 --> 00:31:54,040 Do you think? Do you think stuff's going to 561 00:31:54,040 --> 00:31:55,760 come back? Yeah, I would. 562 00:31:56,360 --> 00:32:00,200 I just don't know anything about gaming, but I'm bullish on it 563 00:32:00,200 --> 00:32:05,680 conceptually and I hadn't noticed like how down gaming 564 00:32:05,960 --> 00:32:08,120 very ugly compared to other things. 565 00:32:08,640 --> 00:32:10,280 I mean, even meme coins are not down that much. 566 00:32:10,280 --> 00:32:13,840 So I think that's AI think that's a good buy in this 567 00:32:13,840 --> 00:32:16,000 market. I really do like when when I 568 00:32:16,000 --> 00:32:18,120 looked at and considered putting capital back into the market, I 569 00:32:18,120 --> 00:32:20,600 was like something I think something's down 30-40, maybe 570 00:32:20,600 --> 00:32:24,040 50%, but not really like super interesting. 571 00:32:24,040 --> 00:32:26,560 But these, you know, some of this stuff that's down 70%, 572 00:32:26,960 --> 00:32:30,440 they're pretty depressed levels, I think where you could have 573 00:32:30,440 --> 00:32:34,080 real 2-3 XS there in in like real tokens and projects. 574 00:32:34,080 --> 00:32:37,120 So what? About Ape Coin Is ape coin the 575 00:32:37,120 --> 00:32:39,120 buy I. Prefer things. 576 00:32:39,760 --> 00:32:42,480 That's down, It is Lowe's and it hasn't really bounced today like 577 00:32:42,480 --> 00:32:46,280 the board apes have, like. Yeah, I still don't love tokens 578 00:32:46,280 --> 00:32:50,600 that are like in their vesting periods, you know, and some of 579 00:32:50,600 --> 00:32:54,000 the other tokens you mentioned like Portal, Mavia Gaming, like 580 00:32:54,480 --> 00:32:57,440 they will have unlocks and vesting periods later this year, 581 00:32:57,440 --> 00:33:00,440 but maybe they don't right now. So if you do have a bigger 582 00:33:00,440 --> 00:33:02,880 market bounce, you probably have a bit more bang for your buck in 583 00:33:02,880 --> 00:33:05,640 those, I think. Yeah, I think I agree with you. 584 00:33:05,640 --> 00:33:07,800 That is one thing about gaming tokens is generally the 585 00:33:07,800 --> 00:33:11,520 tokenomics are awful. So be very, very careful when 586 00:33:11,520 --> 00:33:15,360 you're when you're getting into different narratives, but which 587 00:33:15,360 --> 00:33:17,480 is probably why gala's doing don't know, right, right. 588 00:33:17,480 --> 00:33:24,240 Like most of that is now finally bested and have all the coins. 589 00:33:24,880 --> 00:33:26,960 This is crazy to see. Actually, I have all these 590 00:33:26,960 --> 00:33:29,600 they're called Floki gaming coin, but the only coins where 591 00:33:29,600 --> 00:33:32,040 the market cap is anywhere close to the Philly diluted market cap 592 00:33:32,040 --> 00:33:36,120 are up and everything where there's dilution coming has been 593 00:33:36,120 --> 00:33:39,440 smoked. That that is apart from prime, 594 00:33:39,560 --> 00:33:41,880 which I think has been a very, very strong story. 595 00:33:43,240 --> 00:33:44,280 All right, so that's that's that. 596 00:33:44,280 --> 00:33:46,520 And then we'll go we'll go on to the meme coin session because it 597 00:33:46,520 --> 00:33:48,720 finally feels like a day where you can open up deck Screener 598 00:33:48,720 --> 00:33:53,160 and not want to kill yourself stronger day looks like across 599 00:33:53,160 --> 00:33:58,320 the board for most meme coins. I was on a space Mandarin space 600 00:33:58,320 --> 00:34:03,400 earlier talking about the epic bags but it does feel like if 601 00:34:03,400 --> 00:34:07,440 you are a meme coin enjoyer today's been a decent ish day 602 00:34:07,440 --> 00:34:09,960 right? Like most of the top meme coins 603 00:34:09,960 --> 00:34:15,480 have all bounced decently well. A lot of these like very beaten 604 00:34:15,480 --> 00:34:21,320 up cat and and dog coins. Like the Brett has been the only 605 00:34:21,320 --> 00:34:27,880 real one out of the out of the, the the base meme coins that has 606 00:34:28,080 --> 00:34:30,840 held up pretty well. Now Brett's the coin that's like 607 00:34:30,840 --> 00:34:32,639 related to Matt Fury. It's like the Matt Fury 608 00:34:32,639 --> 00:34:35,520 character, but a lot of the other ones are still kind of 609 00:34:36,080 --> 00:34:40,960 down in the dumps. It, it feels like, but is this 610 00:34:40,960 --> 00:34:44,920 is this the time to buy meme coins finally, Bowden Bowden at 611 00:34:44,920 --> 00:34:47,199 400 million. Is that going above a billion 612 00:34:48,719 --> 00:34:50,520 Shark cat going back to 300 million. 613 00:34:50,520 --> 00:34:52,719 Do you think, do you think you're going to get involved? 614 00:34:52,800 --> 00:34:54,960 I I did say on the show yesterday, I don't think many of 615 00:34:54,960 --> 00:34:57,720 these will hit and go back to their all time high, but they 616 00:34:57,720 --> 00:35:00,920 are a long way away from their all time high so they get very 617 00:35:00,920 --> 00:35:03,000 easily 2X. What do you think? 618 00:35:03,240 --> 00:35:06,240 This, this price action of meme coins right now in, in the last 619 00:35:06,240 --> 00:35:10,440 hour or so, like even stuff like the duck going back to 40 mill 620 00:35:10,440 --> 00:35:12,960 or whatever it is. Like it just shows you that as 621 00:35:12,960 --> 00:35:16,280 soon as people smell the market bouncing, everyone's like piling 622 00:35:16,280 --> 00:35:19,640 into meme coins. And it's just so clear to me 623 00:35:19,640 --> 00:35:22,760 that meme coins right now are what NF TS were in 2021. 624 00:35:22,760 --> 00:35:27,840 Like everyone knows that you can make your five or 10X or 100X in 625 00:35:27,840 --> 00:35:29,840 that market. It's not going to be, it's going 626 00:35:29,840 --> 00:35:32,200 to be very tough to find it in a different market within crypto. 627 00:35:32,720 --> 00:35:35,240 And that's just the casino right now. 628 00:35:35,240 --> 00:35:39,520 So I, we would absolutely see another meme coin run. 629 00:35:39,520 --> 00:35:43,680 And I think you want, I mean, I don't want to sit here and, and 630 00:35:43,680 --> 00:35:45,400 say, I think you want to have a lot of exposure to meme coins 631 00:35:45,400 --> 00:35:46,640 because it's obviously all vapour Ware. 632 00:35:46,640 --> 00:35:52,240 But personally I have as a gamble as a as a little gamble 633 00:35:52,240 --> 00:35:54,720 or a punt, I have quite a high exposure to to mean. 634 00:35:55,640 --> 00:35:58,520 So we've, yeah, we've certainly some bounce, isn't it? 635 00:35:58,800 --> 00:36:00,960 Some high market cap stuff and also some low market cap stuff 636 00:36:00,960 --> 00:36:03,040 too. Like I just we will see another 637 00:36:03,040 --> 00:36:04,640 meme season. Taking a dip, right? 638 00:36:04,680 --> 00:36:06,160 I was looking at this one today and being like. 639 00:36:06,560 --> 00:36:09,320 Yeah, Mogg should be high. If MOG was in Solana it would be 640 00:36:09,320 --> 00:36:12,960 at like a bill or even if it was on base. 641 00:36:13,280 --> 00:36:18,120 What surprised me is Mog Mogg has 70,000 followers on Twitter. 642 00:36:18,120 --> 00:36:21,080 I I didn't really know that until I started looking at it 643 00:36:21,080 --> 00:36:24,200 the other day. Like it has become a bit of a 644 00:36:24,200 --> 00:36:30,560 they've done a very good job at making that a term now in in 645 00:36:30,560 --> 00:36:34,560 crypto. They have some ups and downs 646 00:36:34,560 --> 00:36:36,840 because I think it's like slightly related to like the 647 00:36:36,840 --> 00:36:39,840 West Coast influencer crowd now a bit bit too much maybe. 648 00:36:40,280 --> 00:36:46,360 But I think, yeah, I, you know, I I like MOG, I like MOG. 649 00:36:46,360 --> 00:36:47,920 It still doesn't see great volume though. 650 00:36:48,120 --> 00:36:50,560 You know, like compared to one of the issues is that it's just 651 00:36:50,560 --> 00:36:54,160 like board apes, it's on ETH. So it's like, even if you think 652 00:36:54,200 --> 00:36:57,800 this is a good risk reward trade, like you're the multiple 653 00:36:57,800 --> 00:37:00,440 they can go to is always a little bit capped because you 654 00:37:00,440 --> 00:37:03,520 just feel like the volumes are not really there right now for 655 00:37:03,520 --> 00:37:08,480 any of that stuff. Yeah, I think it's one of those 656 00:37:08,480 --> 00:37:13,360 coins where the amount that I see it on my timeline, like the, 657 00:37:13,680 --> 00:37:16,640 the engagement and attention relative to market cap is like 658 00:37:17,040 --> 00:37:21,600 so off compared to other coins. And it's been around for almost 659 00:37:21,600 --> 00:37:22,920 a year. Like it's not just, you know, 660 00:37:22,920 --> 00:37:24,400 it's not something that's going to die either. 661 00:37:24,400 --> 00:37:27,160 So we think it should be trading a lot higher than where it is. 662 00:37:27,160 --> 00:37:30,400 And I, I honestly think it's just a chain thing, like if it 663 00:37:30,400 --> 00:37:34,280 was predominantly on base or predominantly no or just on 664 00:37:34,280 --> 00:37:35,920 Solana. I know they've bridged it to 665 00:37:35,920 --> 00:37:38,600 like base and all that kind of stuff, but it's not really had 666 00:37:38,600 --> 00:37:41,880 the same impact. Yeah, it would be way higher, 667 00:37:41,920 --> 00:37:44,720 but you never know. Maybe I think it will have 668 00:37:44,720 --> 00:37:46,080 another day in the sun this cycle. 669 00:37:46,080 --> 00:37:48,280 I do think it will. The ones that I'm looking at 670 00:37:48,280 --> 00:37:51,960 today, obviously the duck, then Bowden. 671 00:37:51,960 --> 00:37:55,560 I think that's just the story that you know is always going to 672 00:37:55,560 --> 00:37:58,000 be strong into the election. Pups. 673 00:37:58,080 --> 00:38:01,080 Pups is down 50%. Everyone was talking about PUPS 674 00:38:01,280 --> 00:38:04,120 2 weeks ago. I can imagine that comes back. 675 00:38:04,120 --> 00:38:08,120 Runes is obviously in four well, in 48 hours. 676 00:38:08,120 --> 00:38:11,760 I think that's kind of make or break for for for a number of 677 00:38:11,760 --> 00:38:15,560 these. I'm not sure if I'm looking at 678 00:38:15,560 --> 00:38:18,440 that much else if I'm honest. Like I don't know if I want to 679 00:38:18,440 --> 00:38:24,640 buy a cat coin even on that. They they died so hard. 680 00:38:25,000 --> 00:38:26,880 Like they died like nothing else. 681 00:38:29,400 --> 00:38:32,240 The problem with cat coins is it feels too forced. 682 00:38:32,480 --> 00:38:34,080 Yeah, it does. Feels me everyone's like, oh, 683 00:38:34,080 --> 00:38:36,760 like cat coins, like it's going to be a cat coin that goes to 684 00:38:36,760 --> 00:38:39,680 billion, whatever, and that's like everyone's like it's like 685 00:38:39,680 --> 00:38:43,360 the same influencers, same like shit coin influencers pumping 686 00:38:43,880 --> 00:38:48,840 the same fucking cat coins and it's all cannibalized and none. 687 00:38:48,840 --> 00:38:51,360 I don't think any of them are really good memes or that 688 00:38:51,360 --> 00:38:53,360 relatable. Like the best one probably I 689 00:38:53,360 --> 00:38:56,160 think would maybe be shark cat but it is a little. 690 00:38:56,840 --> 00:38:59,000 The knob cat was the one I like. Still thought it was funny but. 691 00:38:59,000 --> 00:39:00,800 Yeah, Knob Cat's pretty funny too, but. 692 00:39:02,360 --> 00:39:04,240 Shark cat dot fun coin which I like. 693 00:39:04,520 --> 00:39:07,480 Yeah, but shark cap feels a built a little bit too much like 694 00:39:07,480 --> 00:39:10,280 whiff, you know, like it's kind of like a whiff low key whiff 695 00:39:10,320 --> 00:39:12,160 derivative. It is. 696 00:39:12,160 --> 00:39:15,480 Yeah. So it just hasn't like I haven't 697 00:39:15,480 --> 00:39:17,640 seen a cat coin and maybe mog is a cat coin. 698 00:39:17,640 --> 00:39:19,840 I don't even really know. Maybe not quite properly a cat 699 00:39:19,840 --> 00:39:22,120 coin. But apart from that, I haven't 700 00:39:22,120 --> 00:39:23,840 really seen a cat coin where it's like, oh, this is like 701 00:39:24,200 --> 00:39:28,520 doesn't feel either doesn't feel forced or is a good meme or it 702 00:39:28,520 --> 00:39:30,440 was actually funny. And I think that's the I think 703 00:39:30,440 --> 00:39:33,320 that's the reason why we haven't seen a cap coin hit a billion 704 00:39:33,320 --> 00:39:36,880 dollars, not because it can't, just because we haven't actually 705 00:39:36,880 --> 00:39:39,160 seen a good one. That is a strong enough meme in 706 00:39:39,160 --> 00:39:42,120 my opinion. Yeah, this punky one did well. 707 00:39:42,400 --> 00:39:44,440 See this. Yeah, well, there's all these 708 00:39:44,440 --> 00:39:47,520 rumours about Wintermead being behind the snow, isn't there? 709 00:39:47,520 --> 00:39:52,280 So I don't. Even know what that is, but wow, 710 00:39:52,400 --> 00:39:56,760 62K files anyway yeah punk, that that one's been the the biggest 711 00:39:56,760 --> 00:39:58,200 mover, I think, but I agree with you. 712 00:39:58,200 --> 00:40:02,000 I I feel like I'm if I'm not buying a story that I love, then 713 00:40:02,000 --> 00:40:04,680 I'll just wait for the next 10X. Do you know what I mean? 714 00:40:04,680 --> 00:40:08,760 Like yeah, well, you don't need to rush into buying something 715 00:40:08,760 --> 00:40:11,320 that you don't like on the bounce though. 716 00:40:11,360 --> 00:40:15,960 If, if meme coins are really coming back, then new launch 717 00:40:15,960 --> 00:40:19,400 meme coins will always be the the best risk risk reward like 718 00:40:19,400 --> 00:40:20,440 for some of this stuff. So. 719 00:40:21,360 --> 00:40:24,600 Maybe maybe just play it that way if you're not like you don't 720 00:40:24,600 --> 00:40:28,880 love a cat story. Anything else you've been you've 721 00:40:28,880 --> 00:40:33,600 been looking at? I saw, I saw KBM mention this 722 00:40:33,600 --> 00:40:37,640 thing yesterday, right? Like on the show about OX 723 00:40:37,640 --> 00:40:39,600 Mackie, who's the guy behind sushi. 724 00:40:39,600 --> 00:40:44,560 And then I saw Beanie posting about it. 725 00:40:44,560 --> 00:40:47,840 Have you seen this? I did see that, yeah. 726 00:40:48,320 --> 00:40:50,720 We are very pleased to be backing Hero Glyphs. 727 00:40:50,720 --> 00:40:52,120 We have, we have, we have a guest. 728 00:40:52,320 --> 00:40:54,600 We have a guest by the way. Oh yeah. 729 00:40:54,880 --> 00:40:56,480 All right, I'll bring them on in a SEC. 730 00:40:57,280 --> 00:41:00,880 This is like Asian layer but for algorithmic solo staking. 731 00:41:01,480 --> 00:41:04,880 White paper is live on GitHub. So I think they're going to try 732 00:41:04,880 --> 00:41:11,680 and do the the stable coin yield, but with but with 733 00:41:12,080 --> 00:41:15,880 different coins. It looks like, but OX Mackie, 734 00:41:16,800 --> 00:41:22,560 kind of an OG OG dev in the space seems to be doing a few 735 00:41:22,560 --> 00:41:24,520 different things. Yeah, sushi with his with his 736 00:41:24,520 --> 00:41:27,280 main one. Anyway, we'll bring on the the 737 00:41:27,280 --> 00:41:30,480 my Hooligan team. I've known them for for a while. 738 00:41:30,480 --> 00:41:32,360 They've come to our show a couple of times before. 739 00:41:33,560 --> 00:41:38,720 Let's bring them up and let's talk about what you guys, what 740 00:41:38,720 --> 00:41:48,000 you guys are up to. Are we bringing them up tough? 741 00:41:49,400 --> 00:41:51,840 Oh, they're just audio. Oh, they're just audio I. 742 00:41:52,360 --> 00:41:54,240 Think you got a Oh? OK. 743 00:41:55,760 --> 00:41:57,320 They may be talking, but I can't hear them. 744 00:41:59,080 --> 00:42:00,960 One SEC. You hear us? 745 00:42:00,960 --> 00:42:02,000 OK, We hear you now. You hear? 746 00:42:02,000 --> 00:42:03,880 You hear them now, Michael. Two test 1/2. 747 00:42:03,880 --> 00:42:07,480 You can you can hear me too. Yeah, we can hear you boys. 748 00:42:07,600 --> 00:42:08,240 How you doing? Let's. 749 00:42:09,000 --> 00:42:13,920 Go we're doing great, man. I mean great info about gaming 750 00:42:13,920 --> 00:42:16,160 projects being down and then bringing us up to speak. 751 00:42:16,560 --> 00:42:19,920 Yeah, set, set the scene, set the scene for you guys, you. 752 00:42:20,200 --> 00:42:22,040 Guys are more than just playing. You're like a so we could. 753 00:42:23,040 --> 00:42:25,960 Really shoot high. You guys are like media empire, 754 00:42:25,960 --> 00:42:28,400 right? You guys are I I've known you 755 00:42:28,400 --> 00:42:33,440 guys IA bunch of my my my bet hooligans many, many moons ago, 756 00:42:33,440 --> 00:42:35,280 but I was always I was always blown away. 757 00:42:35,280 --> 00:42:38,360 You guys were all like ex Pixar and like Disney and stuff like 758 00:42:38,360 --> 00:42:42,880 you guys are proper animators. Yeah, team proper animators, 759 00:42:42,880 --> 00:42:45,160 yeah. One animation studio that, you 760 00:42:45,200 --> 00:42:47,240 know, started going into gaming. But yeah, we treat all this 761 00:42:47,240 --> 00:42:51,200 stuff just like a Pixar project. Yeah, smart, smart. 762 00:42:51,200 --> 00:42:53,920 So how have you guys, how have you guys been weathering the 763 00:42:53,920 --> 00:42:57,400 last month or Yeah, the the bear market, so to speak for, for 764 00:42:57,400 --> 00:43:00,640 gaming man. We're doubling down. 765 00:43:00,680 --> 00:43:03,440 We're, we're going extra hard. I mean, we're, you know, if you 766 00:43:03,440 --> 00:43:06,920 were to see the studio now we have, we have what, 65 plus 767 00:43:06,960 --> 00:43:09,920 people we're, you know, people pulling all nighters on the 768 00:43:09,920 --> 00:43:15,080 game, on our next collection, the others, our 3D assets, our 769 00:43:15,360 --> 00:43:18,440 AI capabilities have just been skyrocketing. 770 00:43:18,440 --> 00:43:21,600 So big bright future ahead. Yeah, and really the big thing 771 00:43:21,600 --> 00:43:24,360 too is like, you know, we've been playing the long game, you 772 00:43:24,360 --> 00:43:28,640 know, for for quite some time. So to have that like that long 773 00:43:28,640 --> 00:43:32,600 term mindset, you're going to go through, you know, market 774 00:43:32,600 --> 00:43:35,240 cycles, you're going to go through, you know, down, you're 775 00:43:35,240 --> 00:43:37,320 going to go through UPS, you're going to go through it all and 776 00:43:37,600 --> 00:43:40,160 really just got to keep true to what you're building, innovate 777 00:43:40,160 --> 00:43:44,000 as things continue to unfold. And you know, stay true to to 778 00:43:44,000 --> 00:43:46,560 people like yourselves and tell like our community who are are 779 00:43:46,560 --> 00:43:49,040 here for, you know, the betterment of the space and just 780 00:43:49,040 --> 00:43:51,080 trying to build cool shit and keep things rolling. 781 00:43:51,680 --> 00:43:55,000 Yeah, I will say that, you know, a game, some gaming projects 782 00:43:55,000 --> 00:43:57,200 might be down, but my pet hooligan's never down. 783 00:43:57,520 --> 00:44:01,040 Neither is our enthusiasm for the space, neither is our drive 784 00:44:01,040 --> 00:44:02,960 to deliver. Neither is our community. 785 00:44:03,360 --> 00:44:05,240 You know, we've been here since 2021. 786 00:44:05,440 --> 00:44:08,320 We're still alive and kicking, still delivering, never gone 787 00:44:08,320 --> 00:44:09,840 anywhere. And you know, some of those 788 00:44:09,840 --> 00:44:12,880 projects you mentioned, not necessarily the best example, 789 00:44:12,880 --> 00:44:16,800 some of them, we're not going to give any names away, but great 790 00:44:16,800 --> 00:44:19,840 examples are definitely like prime strong team always 791 00:44:19,840 --> 00:44:22,280 delivering still here today. And that's what it's about, 792 00:44:22,280 --> 00:44:25,040 right? People have lost faith in teams 793 00:44:25,040 --> 00:44:27,880 and projects because there's not enough transparency, there's not 794 00:44:27,880 --> 00:44:30,440 enough delivery delivery, there's not enough. 795 00:44:30,560 --> 00:44:34,800 There's too much reliance on, you know, NFT revenue or token 796 00:44:34,800 --> 00:44:37,880 revenue and not building a sustainable business behind it. 797 00:44:38,840 --> 00:44:41,720 Dude, I remember your accent from the, from the early videos, 798 00:44:41,720 --> 00:44:44,560 you were always hanging out in the in, in the community. 799 00:44:44,800 --> 00:44:48,800 I, I remember it well. So tell me, how do you get 800 00:44:48,800 --> 00:44:55,480 involved in my so you, I know you have the NFTS. 801 00:44:55,960 --> 00:44:58,600 Am I right in saying you, you had a you had a token, but like 802 00:44:58,600 --> 00:45:00,960 you're now launching. How are we expanding this? 803 00:45:00,960 --> 00:45:03,200 Where are you taking the community now? 804 00:45:04,680 --> 00:45:07,880 I mean, we've, we've not, we've not launched A token, but you 805 00:45:08,160 --> 00:45:13,160 know, we are, we are early launch title for, for the Carrot 806 00:45:13,160 --> 00:45:16,360 protocol. I will say there may be a claim 807 00:45:16,360 --> 00:45:19,680 in the very near future for, for the my Pet hooligan community. 808 00:45:20,040 --> 00:45:22,640 So definitely stay tapped into the socials and look at 809 00:45:22,640 --> 00:45:25,560 carrotcoin.com For more information on that. 810 00:45:25,560 --> 00:45:28,200 Information is live about that. It's live about, you know, what 811 00:45:28,200 --> 00:45:29,720 you might expect as a holder as well. 812 00:45:29,720 --> 00:45:36,120 So go check that out. Awesome yeah, like I when Carrot 813 00:45:36,320 --> 00:45:41,160 I remember that being that being in the in the discord just keep 814 00:45:41,160 --> 00:45:43,160 just. Keep your eyes and ears open, 815 00:45:43,160 --> 00:45:46,680 Sir, and you may hear soon. OK, awesome. 816 00:45:46,920 --> 00:45:49,680 Yeah, I hope you guys get a, I'm sure you guys will get a good 817 00:45:49,680 --> 00:45:52,200 partner for that. I know you guys are like a, you 818 00:45:52,200 --> 00:45:55,240 know, AAA team. Is there anything else that we 819 00:45:55,240 --> 00:45:57,480 should be looking looking out for from you guys? 820 00:45:59,520 --> 00:46:01,560 I mean, you know, we got some pretty cool things that are 821 00:46:01,560 --> 00:46:03,560 really bubbling up to the surface here. 822 00:46:03,560 --> 00:46:06,280 You know, I know the community's been hungry for the others. 823 00:46:06,280 --> 00:46:08,800 We've been kind of in stealth mode building that out. 824 00:46:09,280 --> 00:46:12,000 Colin's sitting here right now. I'm sure if if he starts going, 825 00:46:12,000 --> 00:46:14,480 there's all kinds of output he'll start dumping on the table 826 00:46:14,480 --> 00:46:15,520 for our community. Yeah. 827 00:46:15,520 --> 00:46:17,960 Well, yeah. I mean, it's a, it's a, it's a 828 00:46:17,960 --> 00:46:19,640 very well, yeah, you can cut me off at any time. 829 00:46:19,680 --> 00:46:22,120 But you know, it's very passionate, heated, behind the 830 00:46:22,160 --> 00:46:25,560 scenes creation of these things. I mean, you know, from my 831 00:46:25,560 --> 00:46:28,360 perspective, it's, you know, what sets us apart is that we 832 00:46:28,360 --> 00:46:31,680 started creating 3D digital assets from Mike Hooligan 833 00:46:32,200 --> 00:46:35,280 initial collection and that, that that's what we do 834 00:46:35,280 --> 00:46:36,880 differently. I mean, we use the Unreal Engine 835 00:46:36,880 --> 00:46:40,200 as our foundational rendering platform for our studios. 836 00:46:40,200 --> 00:46:42,080 So it's a natural that we have 3D characters. 837 00:46:42,080 --> 00:46:46,640 These characters are ready to do ATV show, ready to do a feature 838 00:46:46,640 --> 00:46:49,440 film. And so this next collection, you 839 00:46:49,440 --> 00:46:52,680 know, the, the challenge is how, how do we, I look at this as how 840 00:46:52,680 --> 00:46:57,040 do we sculpt thousands of the highest quality, beautiful 841 00:46:57,040 --> 00:46:59,720 sculptures? That's that the community can 842 00:46:59,760 --> 00:47:02,800 can get a hold of and, and then to embody to be their own. 843 00:47:02,960 --> 00:47:05,560 I think of these not only just like sculptures, but things that 844 00:47:05,560 --> 00:47:07,480 would make good toys that sit on your desk. 845 00:47:07,480 --> 00:47:08,080 And then what? What? 846 00:47:08,240 --> 00:47:10,400 What would they do if? You maybe, well, a brain and a 847 00:47:10,400 --> 00:47:13,120 engine or. Yeah, yeah, possibly. 848 00:47:13,160 --> 00:47:15,600 You know, if you tied in some AI capabilities, then you'd be 849 00:47:15,640 --> 00:47:18,120 things like Tamagotchis. How do you make thousands of 850 00:47:18,120 --> 00:47:20,120 unique personalities that evolve over time? 851 00:47:20,120 --> 00:47:22,560 That's what we're talking about. I don't, I'm kind of coming into 852 00:47:22,560 --> 00:47:25,120 space from a, you know, from an artistic perspective, from a 853 00:47:25,240 --> 00:47:29,080 Pixar perspective where I see, I see, you know, living 3D 854 00:47:29,080 --> 00:47:33,560 characters that then have a blocked stability and security 855 00:47:33,800 --> 00:47:35,600 to then also grow and evolve over time. 856 00:47:35,600 --> 00:47:36,800 That's what I see these things as. 857 00:47:36,960 --> 00:47:39,640 Yeah, and you know, like. I pick your brain there a little 858 00:47:39,640 --> 00:47:42,480 bit. So like, are we forget all the 859 00:47:42,480 --> 00:47:45,000 blockchain stuff as well? But like, what is AI doing to 860 00:47:45,000 --> 00:47:46,680 gaming right now? Could you just give it like, is 861 00:47:46,680 --> 00:47:49,080 it, is it just exploding? I know there's a lot of like 862 00:47:49,080 --> 00:47:51,200 world building. I guess we're going to move past 863 00:47:51,200 --> 00:47:53,360 like standard NPCS. Like what? 864 00:47:53,640 --> 00:47:55,160 What? What are the things you guys are 865 00:47:55,160 --> 00:47:56,600 most excited about with that? Yeah. 866 00:47:57,120 --> 00:48:00,240 So everybody right now has some familiarity with ChatGPT and 867 00:48:00,240 --> 00:48:02,560 that's kind of the most common go too and, and people have fun 868 00:48:02,560 --> 00:48:04,160 with that. And there's also some great 869 00:48:04,200 --> 00:48:07,560 audio tools out there, voice generation tools, music 870 00:48:07,560 --> 00:48:09,480 generation tools. And that's all fine. 871 00:48:09,480 --> 00:48:11,600 But let's all agree it's all pretty generic and it's 872 00:48:11,600 --> 00:48:15,440 extremely safe and, and, and it's kind of unreliable. 873 00:48:15,640 --> 00:48:19,200 Now imagine if you privatize that you put the guardrails on 874 00:48:19,200 --> 00:48:21,440 and you personalized it. Imagine if it knew you. 875 00:48:22,040 --> 00:48:24,560 And it had a personality it. Has a personality that evolves 876 00:48:24,560 --> 00:48:27,160 with you personally over time. Imagine if this thing could know 877 00:48:27,360 --> 00:48:30,120 you know your your ten favorite books and your ten favorite 878 00:48:30,120 --> 00:48:34,760 movies and and now all of a sudden this thing can kind of 879 00:48:34,760 --> 00:48:38,760 represent you, but also be your own personal kind of buddy along 880 00:48:38,760 --> 00:48:41,400 the way and do things for you. So it might even represent you 881 00:48:41,400 --> 00:48:44,080 when you're not in the game as your personality. 882 00:48:44,120 --> 00:48:46,160 Send them on quests. Send them on different tasks. 883 00:48:46,160 --> 00:48:47,600 Do things that that you need them to go. 884 00:48:47,600 --> 00:48:49,560 Go do an accomplishing game. So we're in a completely 885 00:48:49,560 --> 00:48:51,080 different lane. I mean, you know, a couple of 886 00:48:51,080 --> 00:48:53,040 years ago when someone interviewed us, they were 887 00:48:53,040 --> 00:48:55,120 saying, yeah, how many, you know, you know, do you think 888 00:48:55,120 --> 00:48:57,640 these NFTS are all going to hold their value in, in the years to 889 00:48:57,640 --> 00:48:59,440 come? I, I think I said something like 890 00:48:59,440 --> 00:49:02,800 97% of them will drop away. And I think it might be higher 891 00:49:02,800 --> 00:49:05,800 than that, but I, I think our, of ourselves is completely in a 892 00:49:05,800 --> 00:49:06,960 different category. I don't. 893 00:49:07,320 --> 00:49:09,600 I don't even feel like we're lumped into the same category. 894 00:49:09,600 --> 00:49:11,880 As everybody and I think one thing that we really do that 895 00:49:11,880 --> 00:49:14,800 we've always tried to kind of like you know, set ourselves 896 00:49:14,800 --> 00:49:18,640 apart on is we love building really cool technology and cool 897 00:49:18,640 --> 00:49:21,640 tech is nothing unless you have a really cool product and IP to 898 00:49:21,640 --> 00:49:24,160 put it into ours is my pet hooligan. 899 00:49:24,160 --> 00:49:26,840 It's the game, it's a collection since it's all these pieces of 900 00:49:26,840 --> 00:49:28,880 the puzzle that that we could put this tech into. 901 00:49:29,840 --> 00:49:33,200 And because of doing that and starting in this this realm, we 902 00:49:33,200 --> 00:49:35,680 have attracted, you know, partners like NVIDIA and 903 00:49:35,680 --> 00:49:39,200 Palantir and Epic. And, you know, some really just 904 00:49:39,280 --> 00:49:41,920 like top notch partners that are looking at us, you know, through 905 00:49:41,920 --> 00:49:45,640 the lens of of whoa, what you guys are trying to do with 906 00:49:45,640 --> 00:49:47,680 these, you know, AI driven characters, putting them into 907 00:49:47,680 --> 00:49:50,920 these the game, putting into a virtual world and seeing how can 908 00:49:50,960 --> 00:49:55,880 they not just be, you know, a typical NPC, but something 909 00:49:55,880 --> 00:49:59,040 that's that that can have a life even outside of a game. 910 00:49:59,480 --> 00:50:03,000 And it gets to this really kind of crazy world where, you know, 911 00:50:03,000 --> 00:50:05,240 yeah, what if these characters were just available on your 912 00:50:05,240 --> 00:50:07,200 phone? What if they were also available 913 00:50:07,200 --> 00:50:09,760 on game and they can remember all these conversations that you 914 00:50:09,760 --> 00:50:12,880 have with them? It sounds like this crazy, you 915 00:50:12,880 --> 00:50:16,240 know out-of-the-box thinking, but that tech exist today and we 916 00:50:16,240 --> 00:50:19,360 are working on that stuff today. We're also just on the cusp of 917 00:50:19,360 --> 00:50:22,880 this breaking out to average Joe on the street kind of thing. 918 00:50:22,880 --> 00:50:24,720 I mean, right now, you know, we're a kind of part of this 919 00:50:24,720 --> 00:50:27,280 small community. We live 3 community and we like 920 00:50:27,280 --> 00:50:29,440 to talk about all this insider stuff. 921 00:50:29,800 --> 00:50:33,520 However, until this gets to the 10 year olds in middle America, 922 00:50:34,120 --> 00:50:37,680 you know, until this gets to to large food chains where you're 923 00:50:37,680 --> 00:50:40,280 talking and interacting with characters on a daily basis, not 924 00:50:40,280 --> 00:50:42,960 even thinking about the blockchain aspect, you just know 925 00:50:42,960 --> 00:50:46,560 that this character seems to have an intuitive grasp of of 926 00:50:46,560 --> 00:50:49,480 who you are and where you want to take the conversation. 927 00:50:49,480 --> 00:50:51,680 And I think that's we're just on the cusp of that. 928 00:50:51,680 --> 00:50:54,800 I think we're better positioned than anyone else out there in 929 00:50:54,800 --> 00:50:57,320 any space, including Apple, including Google. 930 00:50:57,520 --> 00:50:59,520 We're in a very unique space. And I think that's what Palantir 931 00:50:59,520 --> 00:51:01,680 recognized when we were presenting with them last month. 932 00:51:01,880 --> 00:51:03,280 It's an, it's an interesting concept, isn't it? 933 00:51:03,280 --> 00:51:05,120 Like the the concept of an AI assistant. 934 00:51:05,200 --> 00:51:08,520 I think everyone's going to have one like just an AI, like the 935 00:51:08,520 --> 00:51:11,560 person you're speaking to on a daily basis that just like can 936 00:51:11,560 --> 00:51:15,000 do little tasks for you and it's more conversational than Siri 937 00:51:15,000 --> 00:51:18,880 or, or like Alexa and probably has more of a personality than 938 00:51:18,880 --> 00:51:20,960 those sort of things. I That's 100. 939 00:51:20,960 --> 00:51:23,040 Percent. I've already seen like people 940 00:51:23,040 --> 00:51:26,640 having friends and stuff. So if you guys can create. 941 00:51:27,400 --> 00:51:31,040 So yeah, why why can't it be a, you know, a maniacal rabbit? 942 00:51:31,160 --> 00:51:35,640 I think that why why can't it? So let's let's I, I see where 943 00:51:35,640 --> 00:51:37,520 you're going. I I do think, yeah, this is 944 00:51:37,520 --> 00:51:41,160 smart angle to go in. I can imagine if you could own 945 00:51:41,680 --> 00:51:44,560 that as an NFT that could also, yeah, they, they could be 946 00:51:44,560 --> 00:51:47,400 valuable. I think that's a bit smart. 947 00:51:49,160 --> 00:51:52,000 Well, what's great about that tattoo is that it plugs into any 948 00:51:52,000 --> 00:51:55,120 character any like it could be the others, it could be. 949 00:51:55,880 --> 00:51:58,200 I mean, we've created hundreds of characters that we've, you 950 00:51:58,200 --> 00:52:00,840 know, tested this on. And so, you know, the my pet 951 00:52:00,840 --> 00:52:04,120 Hooligan, you know, characters, it's, it is so ripe because we 952 00:52:04,120 --> 00:52:06,640 have the community behind us. We have a game, you know, that 953 00:52:06,640 --> 00:52:10,720 we test all this stuff in and you know, that's where I kind of 954 00:52:10,760 --> 00:52:12,960 want to come full circle. It's like we really are playing 955 00:52:12,960 --> 00:52:16,680 that long game here where, you know, these market cycles will 956 00:52:16,680 --> 00:52:18,520 go up and down. But we just keep our eye on the 957 00:52:18,520 --> 00:52:21,320 prize of, you know, delivering high quality content, high 958 00:52:21,320 --> 00:52:23,360 quality, you know, products of the market and trying to 959 00:52:23,360 --> 00:52:26,400 innovate, you know, as as best we can and moving forward and 960 00:52:26,400 --> 00:52:29,600 listen to everybody as we go down the road, I think we'll end 961 00:52:29,600 --> 00:52:31,720 up in a good place. And you know, and just a little 962 00:52:31,920 --> 00:52:34,360 bit further than that, more than just the game, more than just my 963 00:52:34,360 --> 00:52:36,200 pet hooligan. And I think it's like a, a 964 00:52:36,240 --> 00:52:41,200 Pokémon style kind of character that kids can all have in their 965 00:52:41,200 --> 00:52:43,400 back pocket in the same way that I want, you know, you see kids 966 00:52:43,400 --> 00:52:46,280 trade, play Pokémon and so on. And these different cards. 967 00:52:46,400 --> 00:52:48,440 Now imagine if you had one that also helped you with your 968 00:52:48,440 --> 00:52:54,120 homework or or helped you, you know, coached you, you know, on 969 00:52:54,120 --> 00:52:56,080 your on your workout routine at the gym. 970 00:52:56,840 --> 00:52:59,720 These are things that I think can, can infiltrate in, in daily 971 00:52:59,720 --> 00:53:02,120 life. But not just it's not AI trying 972 00:53:02,120 --> 00:53:04,760 to mine you for data. I see. 973 00:53:04,880 --> 00:53:08,040 I see this as an AI defense against the AI out there. 974 00:53:08,040 --> 00:53:10,920 I always said that the best offense against AI taking over 975 00:53:10,920 --> 00:53:14,800 the world is another AI. And so to me, I think of these 976 00:53:14,800 --> 00:53:17,640 things that just kind of get into everyday life and as a as a 977 00:53:17,640 --> 00:53:22,800 buddy, not as a not as a generic cold Siri character, but as as 978 00:53:22,800 --> 00:53:26,360 as a buddy with the personality, your crazy uncle, your crazy 979 00:53:26,360 --> 00:53:29,720 neighbor, your your silly pet. I think that's where the stuff 980 00:53:29,720 --> 00:53:32,960 is going. OK. 981 00:53:33,320 --> 00:53:37,160 Well, guys, it was great to have you on you guys always, you 982 00:53:37,160 --> 00:53:40,960 know, a top tier team and I guess we'll look out for the for 983 00:53:40,960 --> 00:53:44,520 the carrot alpha coming soon, it sounds like. 984 00:53:45,720 --> 00:53:48,040 Coming soon and thank you guys very much for having us. 985 00:53:48,040 --> 00:53:51,080 It's always a pleasure. And yeah, thanks for for keeping 986 00:53:51,080 --> 00:53:53,400 up and for everything you've delivered the space and, and 987 00:53:53,400 --> 00:53:56,120 thank you for, you know, the Carrot Gang for showing up and, 988 00:53:56,120 --> 00:53:57,520 and always being there right behind us. 989 00:53:58,840 --> 00:54:00,080 All right, guys, it's great to have you. 990 00:54:01,520 --> 00:54:03,440 All right, take care. Thanks a lot. 991 00:54:04,200 --> 00:54:05,320 I think we're going to call it there guys. 992 00:54:05,320 --> 00:54:07,080 So thanks again for for for tuning in. 993 00:54:07,080 --> 00:54:08,560 We're going to be here again tomorrow. 994 00:54:08,840 --> 00:54:10,760 So are you on holiday tomorrow yourself? 995 00:54:10,760 --> 00:54:11,480 Where? Where are you off to? 996 00:54:15,200 --> 00:54:18,960 Bringing yourself back to the show just. 997 00:54:20,080 --> 00:54:21,960 It's like, can you slap out of it? 998 00:54:22,040 --> 00:54:26,520 You know, like in the, you know in the matrix when they like get 999 00:54:26,520 --> 00:54:34,160 back to like the the real world. Yeah. 1000 00:54:34,280 --> 00:54:36,320 So why have you got your Rd. card where you have to? 1001 00:54:36,680 --> 00:54:41,240 I'm playing playing golf with some friends, an annual annual 1002 00:54:41,240 --> 00:54:46,360 golf thing with my mates from home on Saturday but it's up in 1003 00:54:46,360 --> 00:54:49,480 Birmingham so thought we'd drive up there on Friday and stay the 1004 00:54:49,480 --> 00:54:51,440 night but after? Driving. 1005 00:54:51,760 --> 00:54:54,200 Lots of gossip happens at that at that that event. 1006 00:54:56,360 --> 00:54:59,040 Yes, it's a it's a very gossip driven event. 1007 00:54:59,080 --> 00:55:01,080 Yeah, yeah. OK. 1008 00:55:01,080 --> 00:55:03,320 Well, that sounds good. We'll, I guess I'll just be 1009 00:55:03,320 --> 00:55:07,200 meeting you again tomorrow, but. Just no Rd. caster, that's all. 1010 00:55:07,680 --> 00:55:11,440 Yeah, don't worry, nothing like Yeah, got us covered with my 1011 00:55:11,640 --> 00:55:14,560 Internet. But yeah, we'll see you again 1012 00:55:14,560 --> 00:55:15,880 tomorrow. Hopefully the market stays 1013 00:55:15,880 --> 00:55:17,840 green. All our coins are higher, all 1014 00:55:17,840 --> 00:55:21,320 our NFTS are higher. And yeah, thanks guys. 1015 00:55:21,760 --> 00:55:22,560 Thanks. Yeah.