1 00:00:00,080 --> 00:00:01,200 Yo, what up? What up? 2 00:00:01,240 --> 00:00:04,880 Good morning. Good morning, GMG. 3 00:00:08,520 --> 00:00:12,080 Let's see. What is what is Thursday Let's 4 00:00:12,520 --> 00:00:23,200 go Holy fuck Thursday September 20244444 look at that another 5 00:00:23,200 --> 00:00:25,760 beautiful day to have a beautiful day. 6 00:00:25,760 --> 00:00:29,720 I got my Co host in the house. Tyler, how you doing today? 7 00:00:30,640 --> 00:00:32,560 I'm doing good. I have a little bit of cold. 8 00:00:32,560 --> 00:00:36,080 You might notice it in my voice feeling just it's that time of 9 00:00:36,080 --> 00:00:38,600 year. Also, both my kids are in new 10 00:00:38,600 --> 00:00:40,600 schools, new classes. This probably has something to 11 00:00:40,600 --> 00:00:43,480 do with it, but I don't know. I'm I'm feeling more and more 12 00:00:43,480 --> 00:00:46,440 bullish for Q4. October is coming. 13 00:00:47,160 --> 00:00:50,920 October is coming to town, baby, you already know. 14 00:00:50,920 --> 00:00:52,240 I'm feeling great about it too, dude. 15 00:00:52,360 --> 00:00:54,040 I'm feeling so good about October. 16 00:00:54,920 --> 00:00:59,360 You know, Look, every day the month of September ends up the 17 00:00:59,360 --> 00:01:01,480 important event in September is over my birthday. 18 00:01:01,960 --> 00:01:04,480 So now we can move along like the most important thing every 19 00:01:04,480 --> 00:01:07,000 year is September, right? September 7th is when the bull 20 00:01:07,000 --> 00:01:09,600 market starts boom, right? I told you guys. 21 00:01:10,040 --> 00:01:10,320 I told. You. 22 00:01:10,880 --> 00:01:14,840 We hit the 30th, it'll bounce, Cryptoliti bounce on on my 23 00:01:14,840 --> 00:01:17,280 birthday, right? Let's turn 30 from 52 K. 24 00:01:17,520 --> 00:01:19,280 And it's been a slow grind up. Now we're just going to, you 25 00:01:19,280 --> 00:01:21,520 know, work our way up slowly but surely until October. 26 00:01:22,400 --> 00:01:25,040 Then in November, Donnie T is going to take it home. 27 00:01:25,680 --> 00:01:32,080 Shala, we hope so or not, and then and then we're we're we're 28 00:01:32,120 --> 00:01:34,360 we're going to see a we're going to we're going to we're it's 29 00:01:34,480 --> 00:01:36,680 going to be up only for super cycle, right? 30 00:01:36,680 --> 00:01:38,200 That's super cycle of what he's talking about. 31 00:01:38,600 --> 00:01:42,280 I even have a bull on my on my on my on my desk. 32 00:01:42,280 --> 00:01:45,320 Look at that and and a Penguin. I have a whole ass zoo. 33 00:01:45,880 --> 00:01:48,000 I have this they sent me this plushie, the toy that you can 34 00:01:48,000 --> 00:01:51,800 like just like throw around. It's been helping me out on the 35 00:01:51,800 --> 00:01:56,360 on the on the desk. Anyways Mando how you doing 36 00:01:56,360 --> 00:01:59,120 today? Great, man. 37 00:01:59,520 --> 00:02:03,720 Yeah, doing that pretty fun. Don't know market seems. 38 00:02:04,600 --> 00:02:05,880 Good. We're back. 39 00:02:06,120 --> 00:02:09,120 We're kind of back. Yeah, market seems good. 40 00:02:09,360 --> 00:02:13,360 I mean looks like looks like it won 60K before the weekend and 41 00:02:13,360 --> 00:02:17,480 it looks like it wants, it wants you know another couple $1000 42 00:02:17,480 --> 00:02:20,400 after that. So the market is looking 43 00:02:20,400 --> 00:02:22,720 fantastic. Anyways, today on the show 44 00:02:23,040 --> 00:02:25,560 today, today, just a reminder, we are live on video every 45 00:02:25,560 --> 00:02:26,680 single day. You already know the vibes and 46 00:02:26,680 --> 00:02:28,800 I'll post the broadcasting in a second when I'm done with the 47 00:02:28,800 --> 00:02:31,520 intros. But you can catch us on YouTube 48 00:02:32,160 --> 00:02:33,840 as usual, etcetera, etcetera, etcetera. 49 00:02:33,840 --> 00:02:37,400 And I'm pretty sure there are rewards set up on myriad markets 50 00:02:37,400 --> 00:02:41,040 at all times on requesting platform to retweet, post and 51 00:02:41,040 --> 00:02:44,640 get points for interacting with Mendel's minutes, with Tyler's 52 00:02:44,640 --> 00:02:47,320 minutes and with my minutes. And I'm just kidding, there's no 53 00:02:47,320 --> 00:02:48,440 minutes for me. Fuck that. 54 00:02:48,880 --> 00:02:52,360 But there's two best ones here on the show, but with the show 55 00:02:52,360 --> 00:02:53,960 in general, so you should check it out. 56 00:02:54,160 --> 00:02:56,360 So today on the show Daily market report as usual, let's 57 00:02:56,360 --> 00:02:59,600 talk about how we're going going to go head back right up to 58 00:02:59,600 --> 00:03:05,400 sending $4000 with Mando Tyler's top 101 thousand 1,000,000. 59 00:03:05,400 --> 00:03:06,640 Let's see what he's got in store for us. 60 00:03:06,640 --> 00:03:08,400 But I think there's a lot to talk about. 61 00:03:09,040 --> 00:03:12,400 So some crazy ape sale or whatever yesterday, and I'm sure 62 00:03:12,400 --> 00:03:14,360 you want to get in the details of that and a bunch of other 63 00:03:14,360 --> 00:03:17,640 stuff going on. Robot spits. 64 00:03:17,840 --> 00:03:20,400 Two more. We tweaked the stuff yesterday. 65 00:03:20,400 --> 00:03:22,880 Look, it won't be perfect, but one thing's for sure, we're 66 00:03:22,880 --> 00:03:25,040 going to run it the same way as yesterday, but we changed the 67 00:03:25,040 --> 00:03:27,960 raffle deal in the back end. Obviously we're not going to 68 00:03:27,960 --> 00:03:31,560 tell you guys what the changes are, but one thing's for sure, 69 00:03:31,720 --> 00:03:34,040 you have to come up on stage and you have to speak. 70 00:03:34,200 --> 00:03:37,200 You don't unmute, you don't win. Sorry, that's what I'm going to 71 00:03:37,200 --> 00:03:38,400 do now. Because you don't unmute, I'm 72 00:03:38,400 --> 00:03:39,360 going to assume that you're bought. 73 00:03:39,640 --> 00:03:42,320 And if you count on mute, I'm really sorry about that, but but 74 00:03:42,320 --> 00:03:43,600 we're going to have to start doing that. 75 00:03:43,600 --> 00:03:45,640 So you're going to have to come on stage and on mute to make 76 00:03:45,640 --> 00:03:51,240 sure that you are a real human. Anyways, this show is also 77 00:03:51,240 --> 00:03:54,920 powered by Galaxies, a no code Web 3 platform that empowers 78 00:03:54,920 --> 00:03:57,960 creators and communities to become owners. 79 00:03:58,160 --> 00:04:02,880 Check out Galaxies XYZ on X. You can see how to spell the 80 00:04:02,880 --> 00:04:06,160 name right at the bottom left or right of the screen and check it 81 00:04:06,160 --> 00:04:07,800 out. But anyways, anyways, anyways, 82 00:04:07,800 --> 00:04:11,640 without further ado Mando tell me how the bull market is back. 83 00:04:22,240 --> 00:04:24,840 Can you dig it? GM everyone. 84 00:04:24,840 --> 00:04:26,440 So yeah, it does feel like we're a little bit back. 85 00:04:26,720 --> 00:04:32,320 Bitcoin Sol ETH all higher looks like Bitcoin and Solana slightly 86 00:04:32,800 --> 00:04:35,320 beating ETH today. Sui has probably been the main 87 00:04:35,320 --> 00:04:37,440 mover in L ones that suffered another 20%. 88 00:04:37,440 --> 00:04:41,160 I think it broke above a dollar for the first time in a long 89 00:04:41,160 --> 00:04:43,600 time for SUI. So yeah, decent, decent move 90 00:04:43,600 --> 00:04:47,080 there. The broader stock market had a 91 00:04:47,080 --> 00:04:50,640 little bit of a wobble. Just when the CPI figure came 92 00:04:50,640 --> 00:04:53,160 out and then decided that they liked it, everything started 93 00:04:53,160 --> 00:04:55,560 rallying. Stocks are again now kind of 94 00:04:55,560 --> 00:04:58,520 close to all time highs. So whatever wobble we had 95 00:04:58,680 --> 00:05:01,400 seemingly even brought up, you had a big rally in chip stocks 96 00:05:01,400 --> 00:05:06,600 today or at least yesterday after some comment by the the 97 00:05:06,600 --> 00:05:09,080 NVIDIA CEO. It does look like it's going to 98 00:05:09,080 --> 00:05:13,120 be a 25 bit rate cut. Now next week, we'll just be 99 00:05:13,120 --> 00:05:16,960 looking for the guidance from what Jerome Powell says really 100 00:05:16,960 --> 00:05:20,240 in the press conference. It's yeah. 101 00:05:20,240 --> 00:05:24,480 So just everything seems to be OK again, like we're heading 102 00:05:24,480 --> 00:05:32,680 maybe back towards 60K that that higher low looks a bit more 103 00:05:34,000 --> 00:05:37,040 clear now, you know, so I think people are getting a little bit 104 00:05:37,040 --> 00:05:40,280 more build up on that being the potential move. 105 00:05:40,320 --> 00:05:42,960 We had that like drop back down and then we've rallied back 106 00:05:42,960 --> 00:05:44,760 until now. We can kind of hope to build 107 00:05:44,760 --> 00:05:46,880 upon that. I don't know where the 108 00:05:46,880 --> 00:05:49,120 liquidation levels are, but I would imagine that there's quite 109 00:05:49,120 --> 00:05:51,040 a lot of clusters around that 60K area. 110 00:05:51,040 --> 00:05:54,800 So I would say this, it's an above 50% probability here that 111 00:05:54,800 --> 00:05:58,000 we had, we had towards 60K in the coming days. 112 00:05:58,040 --> 00:06:00,960 Like I would put like 70 to 80% probability that that happens 113 00:06:01,240 --> 00:06:05,520 just because it was a high low and let's just see how far we 114 00:06:05,520 --> 00:06:07,480 go. But it feels as though you'll at 115 00:06:07,480 --> 00:06:10,400 least have some sort of resistance around 60 K and 116 00:06:10,400 --> 00:06:12,000 we'll, we'll see what happens around that. 117 00:06:12,280 --> 00:06:16,320 The the obviously you have token, you have break point, 118 00:06:16,320 --> 00:06:19,480 which I think people getting getting more bulled up into a 119 00:06:19,480 --> 00:06:21,440 lot of expectations, particularly on Solana. 120 00:06:21,440 --> 00:06:25,600 There, there was some news today that FTX, their estate is 121 00:06:25,600 --> 00:06:31,280 actually unstaked 25,000,000 of Solana and may look to sell it. 122 00:06:31,280 --> 00:06:33,920 They still have around a billion it seems, which I actually 123 00:06:33,920 --> 00:06:37,960 wasn't aware of, but I thought they'd gotten out of everything. 124 00:06:38,120 --> 00:06:42,240 So but yeah, it looks like if that becomes obviously we've 125 00:06:42,240 --> 00:06:44,600 already spoken about the fact that we have some large unlocks 126 00:06:45,280 --> 00:06:49,000 happening early next year, but just expect to see quite a few 127 00:06:49,000 --> 00:06:51,360 of these headlines over the next three months, I would say. 128 00:06:51,360 --> 00:06:53,440 And people making a big deal out of them. 129 00:06:53,760 --> 00:06:56,640 I actually think versus Solanas inflation is actually not that 130 00:06:56,880 --> 00:06:58,000 they're not like it's not like crazy. 131 00:06:58,000 --> 00:07:02,400 We're talking about like probably closest to like 3% 132 00:07:02,800 --> 00:07:08,600 unlocks here three 4% and Solana inflates at like 6 to 7% a year. 133 00:07:09,400 --> 00:07:14,920 So but just like you've seen with when Vitalik sells like 400 134 00:07:14,920 --> 00:07:17,920 gram worth of ETH, it's it just creates a lot of flood. 135 00:07:18,080 --> 00:07:21,520 So yeah, there was some light flood around Solana there. 136 00:07:21,840 --> 00:07:26,400 Sui has been just gaining ground as like not necessarily in users 137 00:07:26,400 --> 00:07:29,480 or anything else like that, just in terms of an L1 that people 138 00:07:29,480 --> 00:07:33,400 are seeing as as being a good play here. 139 00:07:33,600 --> 00:07:37,200 I I own 0 Sui but yeah maybe something. 140 00:07:38,360 --> 00:07:41,520 I think the I think that the Grayscale Trust went launched 141 00:07:41,560 --> 00:07:42,680 today. Yeah. 142 00:07:42,680 --> 00:07:44,920 So, yeah, the grayscale which was previously announced, they, 143 00:07:44,960 --> 00:07:47,120 they, they, they went, they've launched, I think we also 144 00:07:47,120 --> 00:07:51,280 launched an XRP 1 today. So that that's probably partly 145 00:07:51,280 --> 00:07:55,080 for it, but yeah, people just generally getting more bullish. 146 00:07:56,840 --> 00:07:59,560 So I. Can feel in the air, right? 147 00:07:59,600 --> 00:08:03,240 Yeah. Meme coins had an OK day today. 148 00:08:03,240 --> 00:08:07,440 It feels as though Pop cat is probably the best performing one 149 00:08:07,440 --> 00:08:10,320 out of the major coins. Fog is kind of heading back up 150 00:08:10,320 --> 00:08:15,080 towards all time high. The the cat cat. 151 00:08:15,080 --> 00:08:19,840 Simon's cat coin of Binance had a big AirDrop on the back of I 152 00:08:19,840 --> 00:08:23,560 think from Floki holders. That's rallying pretty hard. 153 00:08:23,560 --> 00:08:26,320 I think it's up to around $200 million now. 154 00:08:27,160 --> 00:08:30,360 So yeah, good, good, not incredible. 155 00:08:30,360 --> 00:08:34,240 It still feels as though meme coins as a whole are not the 156 00:08:34,240 --> 00:08:36,760 best thing. Best sector, at least at the 157 00:08:36,760 --> 00:08:40,840 moment, but still not like completely down the dumps. 158 00:08:42,600 --> 00:08:46,080 Yeah. Well, guess we'll see where that 159 00:08:46,080 --> 00:08:47,000 takes us. Do we have any? 160 00:08:47,000 --> 00:08:49,080 You already talked about the numbers we got coming on, but 161 00:08:49,440 --> 00:08:51,200 it's it's pretty well that pop cat. 162 00:08:51,200 --> 00:08:53,200 Someone's saying pop cat flipping bunk next month. 163 00:08:53,200 --> 00:08:55,000 I mean we'll see. The pop cat's been like really 164 00:08:55,000 --> 00:08:59,360 like performing like crazy, huh? Like even versus MOG, when you 165 00:08:59,360 --> 00:09:02,720 look at it, it's like 2 XDI think it's like nearly two times 166 00:09:02,720 --> 00:09:05,680 the the market cap. Yeah, Pop cat's done. 167 00:09:05,680 --> 00:09:07,720 I have all the major Solano meme coins. 168 00:09:07,720 --> 00:09:10,960 I mean with with depend on a decent bottom like it's it's. 169 00:09:10,960 --> 00:09:14,600 I mean, look at this right? Yeah, but yeah, pop pop, pop. 170 00:09:14,600 --> 00:09:16,040 Hat looks good. Looks like it's heading towards 171 00:09:16,040 --> 00:09:19,200 a billion. Wow, what about whiff? 172 00:09:19,200 --> 00:09:20,880 Let's see. I mean, I feel like every time I 173 00:09:20,880 --> 00:09:23,680 look at whiff it's at 15. Yeah, we've just put in a 174 00:09:23,680 --> 00:09:25,160 bottom. It feels like a pretty strong 175 00:09:25,160 --> 00:09:27,680 bottom around 15. So we'll see what happens there. 176 00:09:27,680 --> 00:09:29,520 Pop Cat looks like it might. It might push on. 177 00:09:30,640 --> 00:09:34,480 What is killing us in the DMS? Look at this Sun dog shirt. 178 00:09:34,680 --> 00:09:36,800 Shit, that's actually not bad. You're. 179 00:09:37,160 --> 00:09:39,480 Joking about it. Jesus 300. 180 00:09:39,880 --> 00:09:41,840 Million. They got to buy this thing 181 00:09:41,840 --> 00:09:43,920 yesterday I think. Oh, it's true, yeah. 182 00:09:45,280 --> 00:09:49,520 So so sun Dog as the I mean, it's that was also around that 183 00:09:49,520 --> 00:09:52,560 sort of level for for a bit. Sundog is just kind of stay 184 00:09:52,560 --> 00:09:55,360 where it's at the whole time. Tron meme twins, people talk 185 00:09:55,360 --> 00:09:59,240 about them a little less, but it does feel as though Sundog is 186 00:09:59,240 --> 00:10:03,160 going to be the what was the one on Avax? 187 00:10:04,000 --> 00:10:09,200 The cocky new feels like that's going to dominate that chain for 188 00:10:09,200 --> 00:10:11,880 sure. I think a lot of people thought 189 00:10:11,920 --> 00:10:14,040 they were just going to go to 0 like super fast, and I guess 190 00:10:14,040 --> 00:10:16,480 probably most of the downstream ones did, but. 191 00:10:17,040 --> 00:10:19,360 I mean, AVAX is the next, next month, right? 192 00:10:19,680 --> 00:10:21,680 If we're, if we're going to trade events, right. 193 00:10:21,840 --> 00:10:25,240 You have Solana's break point next week, which, you know, 194 00:10:25,440 --> 00:10:29,200 usually gets it's pretty strong. And then you have AVAX summit. 195 00:10:29,200 --> 00:10:33,840 I think it's in Buenos Aires. Yeah, was invited. 196 00:10:34,080 --> 00:10:36,320 So like maybe I should go to Argentina, have some nice 197 00:10:36,320 --> 00:10:38,120 steaks. I'm just kidding. 198 00:10:38,120 --> 00:10:39,080 I'm. I'm not leaving. 199 00:10:39,240 --> 00:10:42,760 You'll have to like either pay me a fuck ton of money or put a 200 00:10:42,760 --> 00:10:44,120 gun to my head to get me off my chair. 201 00:10:48,440 --> 00:10:50,680 But I know they have their events so maybe, maybe that'll 202 00:10:50,680 --> 00:10:53,280 be something. We'll see. 203 00:10:53,280 --> 00:10:54,680 It seems like we're rallying around the fence. 204 00:10:55,360 --> 00:10:56,560 People are saying the same about Siri. 205 00:10:56,560 --> 00:10:58,800 Siri's got its its conference next month, but. 206 00:10:58,920 --> 00:11:00,360 I guess that's going to be a new meta, right? 207 00:11:00,360 --> 00:11:03,800 Like we we bind to events and we dump into news, you know? 208 00:11:04,600 --> 00:11:06,840 That's what we've got left, you know, it does. 209 00:11:07,120 --> 00:11:10,800 It does feel as though, yeah, we're maybe returning to the 210 00:11:10,800 --> 00:11:14,080 tech, so to speak. So any of these big 211 00:11:14,080 --> 00:11:16,600 announcements around the conferences, people get pretty 212 00:11:16,600 --> 00:11:20,840 pulled up about. I think, I think we'll, we'll 213 00:11:20,840 --> 00:11:23,440 probably return to like more the left curve stuff when Bitcoin 214 00:11:23,520 --> 00:11:26,080 heads back towards yeah. Of course, across the board, 215 00:11:26,080 --> 00:11:29,640 like even ordinals and stuff like that, you just, we just got 216 00:11:29,640 --> 00:11:33,360 to wait, man. We just got to wait anyway. 217 00:11:33,360 --> 00:11:35,960 I mean, Bob Lucas Bush as fuck. I mean, I won't get ahead of it 218 00:11:35,960 --> 00:11:38,120 because I know Tyler, I think you got that set up and we got a 219 00:11:38,160 --> 00:11:41,200 few conversations to have. So why don't we segue right into 220 00:11:41,200 --> 00:11:45,640 that Whoop 4 daily NFT and crypto analysis. 221 00:11:47,400 --> 00:11:50,240 Tyler D on FOMO our calls the kid. 222 00:11:51,440 --> 00:11:57,800 Can our top story from today it's it's an NFTS so that an ape 223 00:11:57,800 --> 00:12:01,960 crypto punk sold for 10 ETH. It was being called the great 224 00:12:02,080 --> 00:12:05,120 the greatest crypto funk heist of all time tied to a 225 00:12:05,120 --> 00:12:07,520 fractionalization protocol which is now defunct. 226 00:12:07,520 --> 00:12:11,920 We'll get into the story in more detail here in a bit OSF shout 227 00:12:11,960 --> 00:12:14,040 out to OSF. And that's he will redirect all 228 00:12:14,040 --> 00:12:17,800 of his personal royalties into wrecked brands signing alignment 229 00:12:17,800 --> 00:12:20,000 with the community ethos in the fund growth. 230 00:12:20,320 --> 00:12:23,080 And then people is going to host a live election night event at 231 00:12:23,080 --> 00:12:27,680 people studios not requiring an NFT and for so if you're around, 232 00:12:27,840 --> 00:12:30,000 oh fun. That's gonna be a good one if 233 00:12:30,000 --> 00:12:33,400 you're around. We got a lot of macro and 234 00:12:33,400 --> 00:12:35,520 international news this morning. Mando touched on it. 235 00:12:35,520 --> 00:12:37,840 We saw Grayscale launch the Sui trust. 236 00:12:37,920 --> 00:12:40,000 It's up 20%. They also announced that they're 237 00:12:40,000 --> 00:12:42,640 set up to launch the XRP. That's up 8%. 238 00:12:42,640 --> 00:12:46,720 E Toro settled with the SEC for 1.5 million and agreed to reduce 239 00:12:46,720 --> 00:12:49,640 its crypto services. We saw gold hit a new all time 240 00:12:49,640 --> 00:12:52,880 high Coinbase offering a wrapped Bitcoin. 241 00:12:52,880 --> 00:12:56,120 I think it's CBWBTC. It's too many letters. 242 00:12:56,680 --> 00:12:57,840 CBBTC. Right. 243 00:12:57,840 --> 00:13:01,960 CBBTC, yeah, that's it. It'll be usable on ETH and base. 244 00:13:01,960 --> 00:13:04,640 That is a big headline. We saw SWIFT announced a 245 00:13:04,640 --> 00:13:08,240 partnership with major banks to connect SWIFT to ETH, Sepoya as 246 00:13:08,240 --> 00:13:09,920 it experiments with digital assets. 247 00:13:10,080 --> 00:13:12,120 Promethium, this was an interesting story. 248 00:13:12,120 --> 00:13:16,040 They went live as the first fully registered crypto special 249 00:13:16,040 --> 00:13:19,720 purpose broker. So they're basically the first 250 00:13:19,760 --> 00:13:22,600 potentially SEC compliant and they are going to allow trading 251 00:13:22,600 --> 00:13:26,040 crypto tokens as securities. So they're effectively saying 252 00:13:26,040 --> 00:13:29,240 they are securities. They've got ETH, UNI, ARB, OP 253 00:13:29,240 --> 00:13:34,320 and GRT to start. They did international news as 254 00:13:34,320 --> 00:13:36,440 well. So Reuters reported that India 255 00:13:36,440 --> 00:13:39,520 has led the way in global crypto adoption for the second year in 256 00:13:39,520 --> 00:13:41,520 a row. So crypto growing the most in 257 00:13:41,520 --> 00:13:43,720 India. Singapore's usage of stable 258 00:13:43,720 --> 00:13:47,880 coins has doubled in Q2 compared to Q1, up to a billion dollars 259 00:13:47,880 --> 00:13:50,400 now. Then the UK introduced a bill to 260 00:13:50,400 --> 00:13:53,200 classify crypto assets and entities as personal property, 261 00:13:53,200 --> 00:13:56,280 giving them certain recognition and protections. 262 00:13:56,880 --> 00:13:59,720 A couple pieces of protocol news before we round out the list. 263 00:13:59,720 --> 00:14:01,560 Myriad. Shout out to Myriad share new 264 00:14:01,560 --> 00:14:05,280 details about prediction market in a long form article on X, 265 00:14:05,280 --> 00:14:07,600 sharing its vision of an interconnected media system 266 00:14:07,600 --> 00:14:10,040 where users, creators and advertisers are all rewarded. 267 00:14:10,040 --> 00:14:12,360 Go check that out. Also, interestingly, this 268 00:14:12,360 --> 00:14:15,280 morning right before the show, the judge from that prediction 269 00:14:15,280 --> 00:14:19,200 market Kaushi case, she provided her longer opinion on the case. 270 00:14:19,200 --> 00:14:22,880 She actually did cite that Chevron ruling and how the CFTC 271 00:14:22,880 --> 00:14:26,440 does not have authority to go after Kaushi. 272 00:14:26,440 --> 00:14:29,760 So it it does seem like the door is opening in the United States 273 00:14:29,760 --> 00:14:33,240 for election markets. And then Radium introduced a new 274 00:14:33,240 --> 00:14:37,280 burn to earn feature regarding locking concentrated liquidity 275 00:14:37,280 --> 00:14:39,400 more easily. And that's it. 276 00:14:39,400 --> 00:14:42,280 There's a lot of the a lot of stories to unpack and get into 277 00:14:42,280 --> 00:14:45,040 there. There is definitely a lot to 278 00:14:45,040 --> 00:14:46,520 unpack. Definitely check out the married 279 00:14:46,520 --> 00:14:49,040 article. I actually pin it to the top as 280 00:14:49,440 --> 00:14:51,880 as you mentioned. I mean let's start with this 281 00:14:51,880 --> 00:14:55,840 punk set. I mean that was and the story 282 00:14:55,840 --> 00:15:01,080 got crazier and crazier and crazier as the day as the tweets 283 00:15:01,080 --> 00:15:04,680 started going out. I mean which which which who 284 00:15:04,680 --> 00:15:07,040 wrote the best thread so I can share on stream is this. 285 00:15:07,040 --> 00:15:12,760 I think SIGAR did, but this was. The one I retweeted I think was 286 00:15:12,760 --> 00:15:14,880 the one that broke the story. I think that was a good one. 287 00:15:14,880 --> 00:15:18,640 And I, I can kind of help retell it here this morning. 288 00:15:18,640 --> 00:15:22,680 So to set the stage, just six days ago, an ape crypto punk 289 00:15:22,680 --> 00:15:25,480 sold for 628. They're about $1.5 million. 290 00:15:25,480 --> 00:15:28,000 So that's how valuable these assets are. 291 00:15:28,600 --> 00:15:30,960 Well, yesterday afternoon, one sold for 10 ETH. 292 00:15:30,960 --> 00:15:33,200 That's why it's being called the greatest crypto punk, highest of 293 00:15:33,200 --> 00:15:34,960 all time. So what went down? 294 00:15:35,360 --> 00:15:38,840 It was purchased due to what I'm calling like a contract loophole 295 00:15:38,840 --> 00:15:42,280 and a now defunct fractionalization site. 296 00:15:43,480 --> 00:15:46,400 It was fractionalized on Niftex years ago. 297 00:15:46,400 --> 00:15:48,280 That site is no longer functional. 298 00:15:48,720 --> 00:15:51,600 There were 10,000 shares of the punk distributed across several 299 00:15:51,600 --> 00:15:53,320 holders. It remained fractionalized on 300 00:15:53,320 --> 00:15:56,120 the site and in the ESCO contract even though the site 301 00:15:56,120 --> 00:15:59,840 had become dysfunctional. Fast forward to roughly 2 weeks 302 00:15:59,840 --> 00:16:03,440 ago, someone figured out the the loophole in this contract 303 00:16:03,440 --> 00:16:07,360 allowing a buyout with a 14 day grace period for holders to 304 00:16:07,360 --> 00:16:11,440 accept or reject the buyout. But if they didn't reject it and 305 00:16:11,440 --> 00:16:14,440 they had to reject it by bidding a slightly higher amount so you 306 00:16:14,440 --> 00:16:19,120 just couldn't say no, you had to effectively do a counter bid if 307 00:16:19,160 --> 00:16:22,520 if the if no shareholders did that, the buyout would go 308 00:16:22,520 --> 00:16:24,000 through. So the high star submitted a 309 00:16:24,000 --> 00:16:27,360 .001 ETH bid per share. That's 10,000. 310 00:16:27,360 --> 00:16:31,480 That's 10 ETH in total. Yesterday it went through and 311 00:16:31,480 --> 00:16:33,480 they're able to acquire the the Punk for 10 ETH. 312 00:16:33,480 --> 00:16:36,240 But the story gets worse. So there was a failed block 313 00:16:36,240 --> 00:16:39,480 attempt. Notable 8 Punk owner G Money had 314 00:16:39,480 --> 00:16:41,640 tried to block the buyout from happening. 315 00:16:41,640 --> 00:16:44,960 He was apparently alerted to the situation late on Tuesday. 316 00:16:45,200 --> 00:16:48,120 He is notably an 8% holder of the share, so one of the bigger 317 00:16:48,120 --> 00:16:51,200 holders as well. He tried to block the buyout by 318 00:16:51,200 --> 00:16:55,360 betting .0000018 per share. That's not enough. 319 00:16:55,360 --> 00:17:00,280 It had to be at least point OO1 ETH or higher for a successful 320 00:17:00,280 --> 00:17:01,960 block. No one realized this, 321 00:17:01,960 --> 00:17:05,119 apparently, including G Money. The block failed, but the 322 00:17:05,119 --> 00:17:08,359 heister ended up getting the Punk for 10 ETH and it already 323 00:17:08,359 --> 00:17:12,280 has a 600 bid on this thing so that the person is looking at a 324 00:17:12,280 --> 00:17:18,800 $1.4 million flip here. I mean congratulations OSF 325 00:17:18,800 --> 00:17:21,880 that's that was impressive eyes that he just pulled. 326 00:17:22,000 --> 00:17:24,520 I mean he's got 2 aliens and an ape now, which is really 327 00:17:24,520 --> 00:17:26,319 impressive. So here's the craziest part 328 00:17:26,319 --> 00:17:36,160 right? So they had to bid 0.0010000001 329 00:17:36,160 --> 00:17:40,960 ETH and they bid 0.001 and so they missed it. 330 00:17:41,520 --> 00:17:46,680 So G Money submitted counterclaim of 0.000001 ETH. 331 00:17:47,320 --> 00:17:51,200 He was short by one. Sorry he was short. 332 00:17:51,200 --> 00:17:52,800 At this point. If any other shareholder could 333 00:17:52,800 --> 00:17:57,160 have been 10,000 way 210 trillionths of a cent, it would 334 00:17:57,160 --> 00:18:00,480 have blocked it. So they were short by 2/10 335 00:18:00,800 --> 00:18:04,240 trillionth of a set. This is insane. 336 00:18:05,320 --> 00:18:07,560 Can we? Also, is this really a heist? 337 00:18:09,240 --> 00:18:12,640 I think that that's the debate. I mean, clearly, like it's not 338 00:18:12,800 --> 00:18:15,160 like they didn't actually steal it. 339 00:18:15,160 --> 00:18:18,240 Like they, they went through the rules of the smart contract. 340 00:18:18,880 --> 00:18:20,640 So, so there's nothing illegal about it. 341 00:18:21,040 --> 00:18:23,000 I think there's debates of whether or not it's ethical. 342 00:18:23,000 --> 00:18:25,680 I, I'm on the camp that it's likely an unethical thing to do. 343 00:18:27,000 --> 00:18:29,560 Just kind of putting myself into camp of the, the, the 344 00:18:29,560 --> 00:18:32,240 shareholders here. My I've got a little bit of a 345 00:18:32,640 --> 00:18:35,760 it's not quite tinfoil hat, but I guess the as I've been 346 00:18:35,760 --> 00:18:38,080 thinking about this and and chatting with a few friends. 347 00:18:38,920 --> 00:18:41,480 Why did anyone go public with this like that? 348 00:18:41,480 --> 00:18:45,280 That's my so at least a handful of people knew about this and 349 00:18:45,280 --> 00:18:47,800 apparently we're all just chatting in DMS about this. 350 00:18:48,200 --> 00:18:53,760 Like you're going to let a $1.5 million asset go for 23K without 351 00:18:53,760 --> 00:18:56,360 alerting people who like the people the the devs like OX, 352 00:18:56,360 --> 00:19:00,000 Quint, Segar, these guys could solve this in 15 minutes but no 353 00:19:00,000 --> 00:19:01,280 one did. Why not? 354 00:19:01,480 --> 00:19:03,840 Like were they all planning to to do their own take orders? 355 00:19:03,960 --> 00:19:07,400 That's my tip. I I saw G Money tweet about this 356 00:19:07,480 --> 00:19:09,240 the day before he actually put it up. 357 00:19:09,240 --> 00:19:10,360 Oh, he did. Yeah. 358 00:19:10,400 --> 00:19:12,320 Yeah. So he did tweet, but he didn't 359 00:19:12,320 --> 00:19:14,920 say why. No, he didn't exactly, he said. 360 00:19:14,920 --> 00:19:16,520 Who's the founder of Niftex? He didn't. 361 00:19:16,840 --> 00:19:18,240 He said, who's the founder of Niftex? 362 00:19:18,240 --> 00:19:19,640 I need to speak to somebody urgently. 363 00:19:20,160 --> 00:19:22,920 And I mean, I was just like, oh, I have no idea what's going on. 364 00:19:23,680 --> 00:19:25,800 He could. I mean, what he did there was 365 00:19:25,800 --> 00:19:31,200 the minimum increase in bid that you possibly could do, right? 366 00:19:32,080 --> 00:19:34,800 So maybe G Money was also trying to steal this. 367 00:19:35,440 --> 00:19:38,960 That's why I think so too. Or maybe he was trying to do it 368 00:19:38,960 --> 00:19:41,000 in a funny, like maybe he wasn't trying to steal it, maybe just 369 00:19:41,000 --> 00:19:43,320 guessed that the like it was going to be a pointless thing 370 00:19:43,320 --> 00:19:47,960 where they'd both be driving it up and and that would be dumb. 371 00:19:48,320 --> 00:19:52,120 But G money increased it by the minimum possible amount, which 372 00:19:52,120 --> 00:19:55,840 makes me think that yeah, like he wanted to play a game maybe 373 00:19:55,840 --> 00:19:59,400 and see, and he just didn't calculate it correctly. 374 00:20:00,640 --> 00:20:03,480 Yeah, I mean, that's crazy. Giovanni didn't call his hat. 375 00:20:03,480 --> 00:20:05,720 He said it's an ARP. The smart contract worked as 376 00:20:05,720 --> 00:20:07,680 intended. If you want decentralized 377 00:20:07,680 --> 00:20:09,600 systems, you have to take the good with the bad. 378 00:20:09,640 --> 00:20:11,200 It's part of the game. It's why we're here. 379 00:20:11,200 --> 00:20:13,800 If you don't like those rules, you probably shouldn't be 380 00:20:13,880 --> 00:20:16,440 playing because last I checked I don't think code is law. 381 00:20:18,000 --> 00:20:20,400 He's defending the high star gives more credence to. 382 00:20:20,400 --> 00:20:22,520 I don't want to come out and accuse him of too much, but it's 383 00:20:22,640 --> 00:20:25,560 also it seems like the rationale with someone who perhaps was was 384 00:20:25,560 --> 00:20:29,560 looking to play the the same game themselves might say. 385 00:20:30,560 --> 00:20:31,400 Yeah, sure. He was trying. 386 00:20:31,400 --> 00:20:32,960 I mean, he's, I think he's pretty open that he was trying 387 00:20:32,960 --> 00:20:35,600 to play the same game. Like you would only do a bit 388 00:20:35,600 --> 00:20:39,160 like that if you were, well, you were probably maybe did it like 389 00:20:39,760 --> 00:20:41,720 as a joke, you know, like, oh, you missed that. 390 00:20:42,000 --> 00:20:43,920 Are you guys saying G money's behind this? 391 00:20:44,440 --> 00:20:46,760 No, he's not behind it at all. I don't think he's behind it, 392 00:20:46,760 --> 00:20:48,760 no. But he, I think he was clearly 393 00:20:48,760 --> 00:20:53,280 trying to do the same sort of, I don't know, funny win as this 394 00:20:53,280 --> 00:20:55,080 other guy was. He just miscalculated it. 395 00:20:55,440 --> 00:20:57,000 But it is crazy he didn't tell anyone. 396 00:21:00,080 --> 00:21:04,840 Yeah, like, hey, even I kind of because it was then be another 397 00:21:04,840 --> 00:21:07,400 two weeks, right? You would assume so. 398 00:21:07,840 --> 00:21:09,960 Funny. Maybe he hoped that it'd be like 399 00:21:09,960 --> 00:21:13,800 a an auction in the back where he he would be able to win it if 400 00:21:13,800 --> 00:21:15,480 it went up to a certain level or something like that. 401 00:21:16,200 --> 00:21:18,880 He said he was informed by rent. And it wasn't his bid, was it? 402 00:21:18,880 --> 00:21:20,800 It was actually the gas that he didn't put up. 403 00:21:20,800 --> 00:21:22,960 He went for the minimum, but the gas didn't put it through 404 00:21:22,960 --> 00:21:25,720 because it was on to the gas. Which is kind of why when you 405 00:21:25,720 --> 00:21:27,560 think about it. That's it. 406 00:21:27,760 --> 00:21:31,040 It's a 10,000 weigh. I reached out to two blocks in 407 00:21:31,040 --> 00:21:33,080 Chaz. I know Jason the owner. 408 00:21:33,840 --> 00:21:42,040 That's crazy. He was 0.00000000000001 ETH off 409 00:21:42,040 --> 00:21:44,640 it's. Brutal. 410 00:21:45,120 --> 00:21:48,200 And now there's a 600 ETH bid. We know the guy who's got it, 411 00:21:48,200 --> 00:21:51,120 right? It's he PFP D it. 412 00:21:51,160 --> 00:21:52,760 What's his name? Really. 413 00:21:53,200 --> 00:21:55,360 Yeah, yeah, yeah, it's we do. Hold on. 414 00:21:55,400 --> 00:21:56,480 Dee's told me. There you go. 415 00:21:56,480 --> 00:22:01,840 It's this guy. Apparently it's this guy. 416 00:22:01,840 --> 00:22:03,040 DX Cozy. Yeah. 417 00:22:03,880 --> 00:22:06,880 Wow, I missed this detail. Apparently it's over here. 418 00:22:06,880 --> 00:22:08,640 Yeah, yeah, that's what Sobi and these were saying. 419 00:22:08,640 --> 00:22:10,920 And then they sent me this link. Did he post about it? 420 00:22:11,400 --> 00:22:13,560 He did. Yeah, he did, he says. 421 00:22:13,840 --> 00:22:17,240 You know, when you think about in GCR terms, tennis is fair 422 00:22:17,240 --> 00:22:23,480 value in USD so. Wow, yeah, it looks like this. 423 00:22:23,760 --> 00:22:25,320 This actually might be the person's one it. 424 00:22:25,320 --> 00:22:26,720 Is it is? And then he answered. 425 00:22:26,960 --> 00:22:31,560 New punk floor was just set. So what are we thinking? 426 00:22:31,720 --> 00:22:33,680 What do they think they do? Are they going to sell it? 427 00:22:33,680 --> 00:22:35,960 I think they're going to hold. It, I mean, I've already slammed 428 00:22:35,960 --> 00:22:37,600 this. I wouldn't take 600 E, dude, 429 00:22:37,600 --> 00:22:39,480 this thing is worth. Let's go look at how much this 430 00:22:39,480 --> 00:22:40,520 thing is actually worth. Yeah. 431 00:22:40,760 --> 00:22:43,520 It's a fair, it's a fair offer. 620 the last one before. 432 00:22:44,080 --> 00:22:47,440 I think you take 6, I mean liquid. 433 00:22:47,440 --> 00:22:50,240 I take 600 right away because you know, money's money, you 434 00:22:50,240 --> 00:22:51,680 know? Yeah, but I also mean like, you 435 00:22:51,680 --> 00:22:52,800 don't want to be sitting there with a. 436 00:22:53,400 --> 00:22:56,440 It's a weird punk. With a lawsuit on your hands, 437 00:22:56,560 --> 00:22:58,040 you know just. Yeah, but who's going to sue 438 00:22:58,040 --> 00:22:59,360 him? That all the people that 439 00:22:59,360 --> 00:23:02,320 collectively own the piece when the guy with 8% just admitted 440 00:23:02,320 --> 00:23:04,920 that it's fair game? Like literally G money went on 441 00:23:04,920 --> 00:23:06,400 the record saying it's fair game, right? 442 00:23:07,000 --> 00:23:08,640 So who else was the major owner of this? 443 00:23:08,640 --> 00:23:11,080 Who was the original owner? Surely they probably had the 444 00:23:11,360 --> 00:23:13,520 major chairs. Let's find out. 445 00:23:13,520 --> 00:23:17,200 So let's go to the apes. Let's go to ape. 446 00:23:18,120 --> 00:23:19,640 It's 24. I mean, it's this one, right? 447 00:23:20,640 --> 00:23:23,960 Yes. Wow, it hasn't had. 448 00:23:23,960 --> 00:23:27,080 Wow, it's been Look at Danny bid on this in 2020. 449 00:23:27,200 --> 00:23:28,200 So funny. Of course it. 450 00:23:28,360 --> 00:23:31,560 Did Broken Angels sold it to Mr. T Punks? 451 00:23:31,560 --> 00:23:37,160 Mr. T Punks wrapped it and you It looks like there was this guy 452 00:23:37,160 --> 00:23:45,040 that then wrapped it, right? Transfer look to this. 453 00:23:46,400 --> 00:23:48,600 Yeah, on September 11th. No, see, that's what that was 454 00:23:48,600 --> 00:23:49,920 yesterday, Yeah. That was yesterday. 455 00:23:50,280 --> 00:23:52,400 So it looks like it's this guy Mr. T Punks. 456 00:23:52,760 --> 00:23:55,600 Held it for four years. How did you assume that he 457 00:23:55,600 --> 00:23:57,000 would? He would still have owned. 458 00:23:57,360 --> 00:23:59,520 You know, normally when they did this fractionalization, they 459 00:23:59,520 --> 00:24:02,600 kept people, kept hold of the majority of the shares. 460 00:24:02,720 --> 00:24:06,520 Yeah. It looks like it was Mr. T. 461 00:24:06,520 --> 00:24:08,400 It looks like. Wow, look at the bids on that 462 00:24:08,400 --> 00:24:12,960 thing back then it was 900 E. Fuck. 463 00:24:12,960 --> 00:24:14,680 What's the heck? OK, so what's the top bit on an 464 00:24:14,680 --> 00:24:18,520 ape right now? So floor 8, last ape sold six 465 00:24:18,520 --> 00:24:21,240 days ago for 628. So yeah, I guess 600 is fair 466 00:24:21,240 --> 00:24:23,600 value, though this is a nicer ape. 467 00:24:23,600 --> 00:24:25,280 You could argue, but I don't know I guess. 468 00:24:25,280 --> 00:24:27,240 It's nicer but it's tainted it like now. 469 00:24:27,240 --> 00:24:29,680 This is the Heist ape. Yeah, but that's. 470 00:24:29,800 --> 00:24:32,760 That's bullish, though. That straight away at six. 100 471 00:24:34,400 --> 00:24:37,040 I'm taking the six. 100, I mean, 600 is a lot of Solana, 472 00:24:43,240 --> 00:24:45,520 absolutely. Why not just go straight to 473 00:24:45,640 --> 00:24:49,880 Popcap? Dude, absolutely, you know buy 474 00:24:49,880 --> 00:24:52,640 some fucking mog and and and buy some Solana. 475 00:24:52,680 --> 00:24:57,120 You know that's 600 is a lot of soul, you know anyway, so look, 476 00:24:57,200 --> 00:24:58,920 congratulations to the winner here. 477 00:25:00,200 --> 00:25:02,920 You know, it looks like looks like you just backed the 600 ETH 478 00:25:02,920 --> 00:25:06,480 day. So Congrats on on that for sure. 479 00:25:06,480 --> 00:25:09,280 Maybe more to unfold the story. Let us know if you guys think 480 00:25:09,280 --> 00:25:10,360 it's the highest in the comments. 481 00:25:10,360 --> 00:25:11,400 We'll be able to read some out loud. 482 00:25:11,400 --> 00:25:16,240 But it seems that the people seem to people seem to think 483 00:25:16,240 --> 00:25:18,640 that this is our heist. So, so we'll see. 484 00:25:18,720 --> 00:25:22,160 We'll see where that takes us. Everyone likes a good heist 485 00:25:22,160 --> 00:25:27,360 story, you know what I mean? What are some of the crazy? 486 00:25:27,360 --> 00:25:28,720 I feel like there's been crazier heist though. 487 00:25:28,720 --> 00:25:32,800 Like when we talk about heist like these like crazy, like 488 00:25:33,040 --> 00:25:36,400 hacks, like people have lost, like I don't know how many apes 489 00:25:36,400 --> 00:25:39,440 in one go. You know, I feel like there's 490 00:25:39,440 --> 00:25:45,840 been like some crazier, crazier, crazier heights here. 491 00:25:45,840 --> 00:25:48,160 Anyways, Tyler, what else he got for us? 492 00:25:48,440 --> 00:25:50,680 So Ovie, I mean, it's it's ironic that Ovie goes full 493 00:25:50,680 --> 00:25:53,320 generous on his art. The day that you know that he 494 00:25:53,320 --> 00:25:55,160 wins an 8. You know, he just made six 495 00:25:55,160 --> 00:25:57,920 degrees. Unbelievable. 496 00:25:57,920 --> 00:26:01,240 I saw you respond to him, Amanda. 497 00:26:01,240 --> 00:26:03,240 I'll call him a bloke. I mean, tell us more about that. 498 00:26:05,320 --> 00:26:07,200 Couldn't stop being such a good bloke. 499 00:26:07,280 --> 00:26:09,640 You know, he's just always doing this sort of random stuff. 500 00:26:09,720 --> 00:26:13,680 I mean, I knew about this for a long time, but it was, it was 501 00:26:13,680 --> 00:26:16,800 just kind of funny. He just, he just always can give 502 00:26:16,800 --> 00:26:20,440 new ways to just like give out it for free. 503 00:26:20,560 --> 00:26:22,200 That's like basically his whole mantra. 504 00:26:23,760 --> 00:26:25,080 I like it. Yeah, I like it too. 505 00:26:25,080 --> 00:26:28,280 I guess I'll share some some more details of the story for 506 00:26:28,280 --> 00:26:31,760 our listeners here. So yesterday OSF didn't announce 507 00:26:31,800 --> 00:26:35,080 100% of future revenues and royalties from all of his new 508 00:26:35,080 --> 00:26:38,640 artwork will be earned by Wrecked Brands. 509 00:26:38,640 --> 00:26:40,240 It's a rolling 12 month agreement. 510 00:26:40,720 --> 00:26:43,640 The funds will be used to to fund the growth of Wrecked 511 00:26:43,640 --> 00:26:46,760 Brands and also he noted to to give an edge in working with 512 00:26:46,760 --> 00:26:48,360 larger brands. I want to come back to that in a 513 00:26:48,360 --> 00:26:49,880 second. He also tasted some exciting new 514 00:26:49,880 --> 00:26:53,680 drops coming. So look out for more coming from 515 00:26:53,680 --> 00:27:00,520 OSF here and perhaps Q4. I like the the brand equity that 516 00:27:00,520 --> 00:27:03,600 you build with with this, like with the community ethos that 517 00:27:03,600 --> 00:27:05,800 they're giving it back. I think it is a differentiator. 518 00:27:07,120 --> 00:27:09,160 You know, I think for partners kind of looking to see who they 519 00:27:09,160 --> 00:27:13,520 want to connect with, advertise with, partner with, it's a good, 520 00:27:13,520 --> 00:27:16,760 it's a good story, yeah. I think, I think some of the 521 00:27:16,760 --> 00:27:20,800 previous like it when I don't know doodles or one of the other 522 00:27:20,800 --> 00:27:26,400 people, like they actually partner with a web 2 firm, it's 523 00:27:26,400 --> 00:27:28,720 often like, Oh yeah, this is a big deal. 524 00:27:28,720 --> 00:27:32,240 This helps our bags. But this is more like because 525 00:27:32,240 --> 00:27:34,640 they everyone owns equity now in this company, right? 526 00:27:34,640 --> 00:27:40,640 Like this is this is purely like you, you basically get a a 527 00:27:40,640 --> 00:27:44,240 marketing group, right? Like people that will probably 528 00:27:44,240 --> 00:27:47,440 buy the product, but also want to tell all their friends about 529 00:27:47,440 --> 00:27:50,320 it. Whereas before it was more like 530 00:27:50,560 --> 00:27:53,840 you got some exclusive digital collectible that like you hoped 531 00:27:54,520 --> 00:27:56,960 some, some person in the future would come in back. 532 00:27:56,960 --> 00:27:59,400 I would like if you do this with consumer goods, like people will 533 00:27:59,400 --> 00:28:03,120 come in and really wanted to do well and they'll tell a lot of 534 00:28:03,120 --> 00:28:05,200 people that you have like, you know, I don't have any 535 00:28:05,840 --> 00:28:09,520 shareholders we have, but I think it's like 1000 / 1000, I 536 00:28:09,520 --> 00:28:11,160 think something around that sort of level. 537 00:28:12,320 --> 00:28:16,160 But yeah, it's it's a good, good spot to be in, I think. 538 00:28:16,160 --> 00:28:17,360 And then this is another example. 539 00:28:17,360 --> 00:28:18,960 Yeah, you can do different deals. 540 00:28:20,120 --> 00:28:24,320 Yeah, I mean, I guess we'll see what comes next. 541 00:28:24,320 --> 00:28:26,400 I can't wait to see his next art, that's for sure. 542 00:28:27,160 --> 00:28:28,840 It's been a while since he dropped some one of ones. 543 00:28:29,000 --> 00:28:30,600 Got a big one, got a big one coming. 544 00:28:31,000 --> 00:28:32,920 Oh, really? You. 545 00:28:35,600 --> 00:28:38,280 Got some alpha for us. No, no. 546 00:28:39,040 --> 00:28:41,040 It was a good break. I mean, the market, like I feel 547 00:28:41,040 --> 00:28:44,960 like we needed the slow down, but it feels a little bit the 548 00:28:44,960 --> 00:28:49,200 water's a little warmer. It's not ice ice cold in the, 549 00:28:49,200 --> 00:28:50,760 the digital art market these days. 550 00:28:50,840 --> 00:28:52,520 You know, we've seen the momentum in X copy. 551 00:28:53,120 --> 00:28:57,800 Yeah, so I mean, we could use another like open edition 552 00:28:57,800 --> 00:29:00,160 season, you know, open. Edition season. 553 00:29:01,160 --> 00:29:02,480 I don't know if we'll have another one of. 554 00:29:03,840 --> 00:29:05,560 Those I'm playing, so that's good. 555 00:29:05,840 --> 00:29:08,600 That's what's happening on base. Now we know what their orange. 556 00:29:08,640 --> 00:29:10,360 They're teasing the orange logo yesterday. 557 00:29:10,360 --> 00:29:15,160 Now we know what the tease is. Exactly, but they base has been 558 00:29:15,160 --> 00:29:16,720 teasing this orange logo thing, right? 559 00:29:16,920 --> 00:29:19,120 I don't know what it is. Is this is that the Bitcoin? 560 00:29:19,120 --> 00:29:19,960 It's. Bitcoin Orange. 561 00:29:19,960 --> 00:29:23,000 Yeah, yeah. It's for their Rep Rep Bitcoin 562 00:29:23,000 --> 00:29:25,440 product CBBTC. Yeah, yeah. 563 00:29:26,760 --> 00:29:29,200 Yeah. So tell us more about the CBBTC 564 00:29:29,200 --> 00:29:29,720 announcement. Yeah. 565 00:29:30,680 --> 00:29:33,560 So Coenbach's rolled out CBBTC. It's an ERC 20 token. 566 00:29:33,840 --> 00:29:35,760 It's back to 1 to one by Bitcoin. 567 00:29:35,760 --> 00:29:39,800 It is held in Coinbase custody. This allows users to bridge 568 00:29:39,800 --> 00:29:44,640 their Bitcoin into the ETH and base ecosystem. 569 00:29:44,640 --> 00:29:48,240 So this allows them to access and basically use Bitcoin in D5. 570 00:29:48,280 --> 00:29:49,880 That's one of the big drivers for this. 571 00:29:49,880 --> 00:29:53,400 You can use this Ave. compound curve so you can lend borrow. 572 00:29:53,680 --> 00:29:56,440 You actually use your your Bitcoin as more of a collateral 573 00:29:56,440 --> 00:29:58,440 in these platforms. They say the process is pretty 574 00:29:58,440 --> 00:30:01,480 streamlined. Send Bitcoin to an Etherbase 575 00:30:01,480 --> 00:30:03,560 address via Coinbase. They'll automatically convert it 576 00:30:03,720 --> 00:30:08,080 into CDPC for you and then conversely do the reverse 577 00:30:08,080 --> 00:30:11,360 conversion if you want to, to exit. 578 00:30:11,360 --> 00:30:15,440 So I think it's, it's got to be like slightly bullish Bitcoin 579 00:30:15,440 --> 00:30:17,480 here, right? You know, it's more potential 580 00:30:17,480 --> 00:30:22,040 supply locked up in the Ethereum defy ecosystem. 581 00:30:22,520 --> 00:30:27,000 I think it's bullish base, you know, they're continuing to to 582 00:30:27,000 --> 00:30:30,240 drive and push more assets and liquidity into the base 583 00:30:30,240 --> 00:30:33,400 ecosystem. So seems like a pretty positive 584 00:30:33,400 --> 00:30:35,480 all around. Yeah, absolutely crushing it. 585 00:30:35,640 --> 00:30:38,800 Defy's so back. Vitalik in shambles. 586 00:30:39,520 --> 00:30:44,360 In other news, I mean, Defy seems back. 587 00:30:44,360 --> 00:30:46,520 I mean, that's the main narrative on on the timeline 588 00:30:46,520 --> 00:30:50,600 since that article has been defy honestly, a lot of positive news 589 00:30:50,600 --> 00:30:52,160 coming up. So you absolutely love to see 590 00:30:52,160 --> 00:30:55,240 that. In other news, I mean, you know, 591 00:30:55,240 --> 00:30:59,680 that's also I guess that's why that's why OSF decided to to do 592 00:30:59,680 --> 00:31:01,280 this thing again. OSF leading in charge. 593 00:31:01,280 --> 00:31:03,880 India leads global crypto adoption for second year in a 594 00:31:03,880 --> 00:31:10,440 row and that's how many users, how many users are we talking 595 00:31:10,440 --> 00:31:11,760 about he's. From Bangladesh. 596 00:31:11,840 --> 00:31:14,840 Well, at least his his parents are, so that's pretty funny. 597 00:31:17,600 --> 00:31:19,480 No, he's not. Yeah, they are. 598 00:31:19,840 --> 00:31:21,200 There they are. Well, my bad. 599 00:31:21,200 --> 00:31:23,040 How many users are we talking about in India, 'cause I think 600 00:31:23,040 --> 00:31:26,080 in China there's like 40 million crypto holders. 601 00:31:26,080 --> 00:31:27,320 So you're telling me they're beating that? 602 00:31:28,760 --> 00:31:31,160 So I'm trying to skim this article. 603 00:31:31,160 --> 00:31:32,920 This is from Reuters. They they broke the news 604 00:31:32,920 --> 00:31:36,280 yesterday. So he's in crypto adoption? 605 00:31:37,960 --> 00:31:39,560 Because that's impressive, because I look for a fact like 606 00:31:39,560 --> 00:31:41,880 China's like 40 something million holders of 607 00:31:41,880 --> 00:31:44,920 cryptocurrency, right? Which is which? 608 00:31:44,920 --> 00:31:47,360 Is a well, China, China probably does, but no one's going to 609 00:31:47,360 --> 00:31:48,560 report that they aren't cryptocurrency. 610 00:31:49,200 --> 00:31:51,480 It's all illegal. India easily wins this. 611 00:31:51,480 --> 00:31:52,920 I think in terms of crypto adoption. 612 00:31:53,080 --> 00:32:02,680 It's like I think after India, like it may be the USI. 613 00:32:03,440 --> 00:32:04,080 Don't. I don't know. 614 00:32:04,080 --> 00:32:07,120 It should be the US, right? Countries with most. 615 00:32:07,360 --> 00:32:08,680 Well, this is this is growth though. 616 00:32:08,720 --> 00:32:13,200 So this is looking at which countries I believe. 617 00:32:13,360 --> 00:32:15,760 I'm trying to see this, I don't. Think India would beat the US 618 00:32:15,760 --> 00:32:17,560 for even just our right holders as well? 619 00:32:18,800 --> 00:32:22,160 So by percentage of this so here check this out. 620 00:32:22,960 --> 00:32:25,320 I don't know what yours this from what's yours this from Hold 621 00:32:25,320 --> 00:32:29,960 on, let me OK in 2023, right, which is actually pretty 622 00:32:29,960 --> 00:32:34,120 interesting. This is percentage of people 623 00:32:34,120 --> 00:32:36,440 actually live in the percentage population, right? 624 00:32:37,200 --> 00:32:41,480 So the UAE is number one because 30% of its population owns 625 00:32:41,480 --> 00:32:42,720 crypto. But obviously the population is 626 00:32:42,720 --> 00:32:44,880 like very small. So it's like, you know, nine 627 00:32:44,880 --> 00:32:51,440 people, Vietnam, USA, Iran, let's go Philippines, Brazil, 628 00:32:51,440 --> 00:32:53,240 Saudi, Singapore, Ukraine and Venezuela. 629 00:32:54,120 --> 00:32:56,320 I mean, India also has like a ton of people live in a country. 630 00:32:56,320 --> 00:32:59,240 So it's probably that's why it's slower per percentage of its 631 00:32:59,920 --> 00:33:01,840 people. But it's pretty impressive 632 00:33:01,840 --> 00:33:07,040 numbers here. Sometimes in these countries 633 00:33:07,040 --> 00:33:14,760 like in India and things like Indonesia, like a lot of it is 634 00:33:14,760 --> 00:33:20,320 held only on exchanges I think. I think that's why there was 635 00:33:20,320 --> 00:33:23,080 that recent hack was Xerox which was hacked in India. 636 00:33:23,520 --> 00:33:26,560 And that's a. Massive deal in India because I 637 00:33:26,560 --> 00:33:31,240 think the vast, vast majority of people hold it on the exchange 638 00:33:31,240 --> 00:33:32,840 itself. I actually don't even think you 639 00:33:32,840 --> 00:33:36,600 can withdraw to crypto from some of the centralized exchanges. 640 00:33:37,480 --> 00:33:42,120 You can only withdraw to rupees. So for a lot of there's a lot of 641 00:33:42,840 --> 00:33:46,400 Indian people on chain, they they hold it on exchange. 642 00:33:46,400 --> 00:33:48,800 I think that's the case with a lot of different Asian 643 00:33:48,800 --> 00:33:50,160 countries, but I'm not sure about Indonesia. 644 00:33:50,160 --> 00:33:52,280 I know there's an Indonesian hack recently as well, but like 645 00:33:52,640 --> 00:33:57,600 on chain is actually not that big a thing for many countries 646 00:33:57,600 --> 00:33:58,320 in crypto. Got it. 647 00:34:00,320 --> 00:34:02,600 A lot of it's a lot of it's through the exchanges like South 648 00:34:02,600 --> 00:34:04,880 Korea as well. Like majority of stuff is 649 00:34:04,880 --> 00:34:06,160 Unchained. Like that's why all the 650 00:34:06,160 --> 00:34:09,159 telegram, you know, the the like the whenever there's a telegram 651 00:34:09,159 --> 00:34:12,560 new coin on the ton ecosystem. I mean like dogs, they're always 652 00:34:12,600 --> 00:34:16,679 like the AirDrop is actually done via Binance or via OK, XI. 653 00:34:16,679 --> 00:34:20,920 Don't know if you ever see that, but like generally they'll do it 654 00:34:20,920 --> 00:34:23,639 via a centralized exchange. Interesting. 655 00:34:23,760 --> 00:34:26,719 OK, OK. Yeah, that that's the thing, 656 00:34:26,719 --> 00:34:28,880 because the government over there does not align with crypto 657 00:34:28,880 --> 00:34:30,320 at all. I mean, we got someone just 658 00:34:30,440 --> 00:34:33,040 writing this, but I remember having we had someone working 659 00:34:33,040 --> 00:34:35,639 for us that was based there and we had to stop paying crypto 660 00:34:36,000 --> 00:34:39,520 because it was actually. What is the 30% tax? 661 00:34:39,520 --> 00:34:43,400 I think if you take it out and. It taxes right away, yeah. 662 00:34:43,760 --> 00:34:47,199 Only off ramps are are not even to banks. 663 00:34:47,199 --> 00:34:51,120 It's like the P to P services. So like, it's like a disaster. 664 00:34:51,440 --> 00:34:52,760 Yeah, yeah, yeah. It's tough from. 665 00:34:52,760 --> 00:34:54,560 India and you have to pay them, you have to pay on PayPal 666 00:34:54,560 --> 00:34:57,360 because it's just such a you have to 1st you tax 30% and the 667 00:34:57,360 --> 00:34:59,840 second thing is it's really difficult to get on and off even 668 00:34:59,840 --> 00:35:02,320 though there's a huge amount of you have to do it via 669 00:35:02,320 --> 00:35:05,560 centralized exchanges. OK, Yeah, it's true because 670 00:35:05,600 --> 00:35:07,920 recently Arjun's saying, and it's true, we reported on that 671 00:35:07,920 --> 00:35:09,600 news. Finance was banned originally, 672 00:35:09,600 --> 00:35:15,600 but then recently, yeah, right. So so there was, they came back 673 00:35:15,600 --> 00:35:18,800 there. So it seems like, it seems like 674 00:35:18,800 --> 00:35:20,360 we have some people reporting live from there. 675 00:35:20,360 --> 00:35:21,880 So it's awesome. We had live news. 676 00:35:21,880 --> 00:35:23,800 Anyways, Tyler talking about protheum. 677 00:35:23,800 --> 00:35:25,840 I'm interested about this one because isn't that literally a 678 00:35:26,280 --> 00:35:27,880 like, aren't they literally feds? 679 00:35:28,080 --> 00:35:30,520 Like is that literally the SEC that planted protheum? 680 00:35:31,320 --> 00:35:35,200 So this is like the the group of people who are going the the 681 00:35:35,200 --> 00:35:37,880 purely compliant path. So for me, but nobody. 682 00:35:37,880 --> 00:35:39,400 Knows them right? Like they're non existent 683 00:35:39,400 --> 00:35:40,640 people. Oh, yeah. 684 00:35:40,680 --> 00:35:43,400 I, I don't recall in, in the research I did this morning, I 685 00:35:43,400 --> 00:35:45,840 didn't see, you know, who's behind this and I didn't know 686 00:35:45,840 --> 00:35:49,360 that, but well, what they are, they're crypto platform 687 00:35:49,480 --> 00:35:52,160 registered as a special purpose broker dealer with the SEC. 688 00:35:52,160 --> 00:35:54,560 Yesterday they officially launched their custody services 689 00:35:54,560 --> 00:35:57,120 for digital securities. They're going to support ETH, 690 00:35:57,280 --> 00:36:01,080 Uniswap, Arbitrum optimism and the graph. 691 00:36:01,160 --> 00:36:03,920 GRTI thought that was an interesting 5th inclusion. 692 00:36:04,280 --> 00:36:07,160 They're positioning themselves as a compliant one stop shop for 693 00:36:07,320 --> 00:36:11,080 crypto custody and then in the near future they plan to expand 694 00:36:11,160 --> 00:36:14,200 into to trading. I think that that the 695 00:36:14,200 --> 00:36:16,600 interesting part of the story here is they they are trying to 696 00:36:16,600 --> 00:36:20,880 test the assumption of crypto tokens as securities and then 697 00:36:20,880 --> 00:36:26,280 aim to to prove that they can enable got legal custody and 698 00:36:26,280 --> 00:36:28,520 interning of crypto tokens as securities. 699 00:36:28,520 --> 00:36:32,200 Assuming that they are, they're they're Co CEO Aaron Kaplan, he 700 00:36:32,200 --> 00:36:33,600 said. We're trying to be the PayPal of 701 00:36:33,600 --> 00:36:35,280 the digital asset industry. But these guys are literally 702 00:36:35,280 --> 00:36:37,680 feds. Look at them like there's an AI 703 00:36:37,680 --> 00:36:40,280 that made those photos. Fuck these guys, I hate these. 704 00:36:40,920 --> 00:36:42,880 Honestly fuck them and look at the comments. 705 00:36:43,080 --> 00:36:48,080 I love how their news got like 7 likes right and the comments are 706 00:36:48,320 --> 00:36:50,560 comment #1. I believe I speak for the entire 707 00:36:50,560 --> 00:36:52,720 space when I say you're bad actors attempting to profit off 708 00:36:52,720 --> 00:36:55,440 the pulsalization of the SEC. It's unethical at best, scummy 709 00:36:55,440 --> 00:36:56,880 at worst. CT does not welcome you. 710 00:36:57,520 --> 00:36:59,720 Second comment. No one cares about you and your 711 00:36:59,720 --> 00:37:04,560 ties to Gare bear trash and then you guys are criminals. 712 00:37:04,560 --> 00:37:06,840 I mean these guys must be the most hated people in crypto, 713 00:37:06,840 --> 00:37:08,760 right? Tyler or Fed? 714 00:37:09,400 --> 00:37:10,160 Wait. Tyler, are you? 715 00:37:10,160 --> 00:37:15,080 I'm just reporting on the story. Who told you to report on this, 716 00:37:15,080 --> 00:37:17,720 Tyler? It's all over. 717 00:37:17,720 --> 00:37:19,960 Oh, fuck. OK, OK. 718 00:37:19,960 --> 00:37:22,440 Hold on. What's interesting about this I, 719 00:37:22,440 --> 00:37:25,120 I think I saw a tweet I saw on the other side. 720 00:37:25,120 --> 00:37:28,560 So you know that in the etoro settlement, they basically said 721 00:37:28,560 --> 00:37:30,920 that ETH is not a security. I just saw that right before the 722 00:37:30,920 --> 00:37:32,080 show. Yeah. 723 00:37:32,240 --> 00:37:33,880 Does anybody? Use these names aren't superior. 724 00:37:33,880 --> 00:37:35,480 It's like why? Why does the Birmingham business 725 00:37:35,480 --> 00:37:37,880 model matter at all? That's the that's the question 726 00:37:37,880 --> 00:37:38,480 are. You. 727 00:37:38,480 --> 00:37:40,480 Defending. That's something a Fed would 728 00:37:40,480 --> 00:37:44,240 say, A. White guy from Chicago too. 729 00:37:44,240 --> 00:37:47,600 That's crazy though. PNC was just there, you know. 730 00:37:47,600 --> 00:37:49,480 Yeah. Isn't she? 731 00:37:49,480 --> 00:37:52,400 Probably. Super democratic and everything 732 00:37:52,400 --> 00:37:55,400 too. Yes, that that is a fact. 733 00:37:55,880 --> 00:37:57,760 Ando. Where's Promethean based? 734 00:37:58,120 --> 00:38:00,560 Yeah, actually where's? Westwood, Chicago. 735 00:38:02,640 --> 00:38:03,040 You know what? You. 736 00:38:05,640 --> 00:38:07,440 Know what? We're definitely taking this 737 00:38:07,440 --> 00:38:10,000 one. Let's so from let's let's, let's 738 00:38:10,000 --> 00:38:12,200 do some research. Let's yeah, when you see in the 739 00:38:12,320 --> 00:38:16,560 future of markets, let's see a a company, a company contact us. 740 00:38:17,160 --> 00:38:18,280 What are they saying? Oh yeah. 741 00:38:18,280 --> 00:38:20,600 They don't want anyone coming to that where they live, it seems. 742 00:38:20,760 --> 00:38:23,360 Company. Surely they have an address? 743 00:38:25,640 --> 00:38:28,400 Promotium, I mean I'm sure you can search in the registry 744 00:38:29,080 --> 00:38:33,240 Promotium Capital company database. 745 00:38:33,840 --> 00:38:40,880 All X bank employees kind of similar to Tyler Well that's 746 00:38:40,880 --> 00:38:42,800 gonna be fun about these guys all right I'll get back to you 747 00:38:42,800 --> 00:38:44,760 when I when. I I might be in trouble here. 748 00:38:48,080 --> 00:38:53,040 Promotion Ember Capital. Promethean Exchange. 749 00:38:54,720 --> 00:38:57,240 Oh no, this one's Wall Street. If that's no, they're not Ember 750 00:38:57,240 --> 00:38:58,520 Capital. That's not them. 751 00:38:59,160 --> 00:39:00,840 Oh, no, they're they're based on Wall Street. 752 00:39:01,120 --> 00:39:02,640 They're based on Wall Street, yeah. 753 00:39:03,240 --> 00:39:06,840 Mark's safe. And nobody look, nobody has ever 754 00:39:06,840 --> 00:39:09,640 heard of these fuckers. They all look the same. 755 00:39:11,120 --> 00:39:13,520 No one's ever heard of these people that this guy doesn't 756 00:39:13,520 --> 00:39:16,240 even have a LinkedIn. Let me let me let me check out 757 00:39:16,240 --> 00:39:19,120 Aaron Kaplan's LinkedIn. All right, let's. 758 00:39:20,680 --> 00:39:22,320 Go, I think that aligns with most crypto companies. 759 00:39:22,320 --> 00:39:23,720 I always think about this during conferences. 760 00:39:23,720 --> 00:39:26,320 I feel like there's these these the two cohorts, there's like 761 00:39:26,320 --> 00:39:28,400 the crypto Twitter cohort and there's different niches in 762 00:39:28,400 --> 00:39:31,880 crypto Twitter and then there's like the institutional side and 763 00:39:31,880 --> 00:39:34,800 the two do not seem they had any overlap. 764 00:39:35,000 --> 00:39:36,280 Like what's so? What's so? 765 00:39:36,280 --> 00:39:39,200 Yeah. I know there's one employee in 766 00:39:39,200 --> 00:39:41,720 there. No, they have a, they have a 767 00:39:41,720 --> 00:39:42,880 number of employees it looks like. 768 00:39:43,120 --> 00:39:49,240 But for now, it looks like they've they are based in yeah, 769 00:39:49,240 --> 00:39:51,400 they're based in New York, which is a shame. 770 00:39:51,880 --> 00:39:55,160 But I guess I guess you're in the clear for now. 771 00:39:55,200 --> 00:39:56,960 Yeah, I agree with that. And there's also like the whole 772 00:39:56,960 --> 00:39:59,880 beak Bitcoin ecosystem as well. I feel like it's so separate to 773 00:39:59,880 --> 00:40:02,600 a lot of the rest of crypto. Like there was a big thing today 774 00:40:02,600 --> 00:40:07,280 that like Pendle as well as doing a Bitcoin yield product 775 00:40:08,480 --> 00:40:11,680 and like it gets immediately snapped up like there was that 776 00:40:12,120 --> 00:40:15,880 what's the name of the, the, the, the doing liquid staking on 777 00:40:16,000 --> 00:40:18,000 on Bitcoin natively. I think it's like Babylon or 778 00:40:18,000 --> 00:40:21,240 something but like. Huge amounts of capital just 779 00:40:21,240 --> 00:40:23,480 moves into these things and everyone else just doesn't 780 00:40:23,480 --> 00:40:25,440 really hear about what's going on. 781 00:40:27,400 --> 00:40:34,640 Yeah, it's, yeah, it's a, it's definitely an interesting one 782 00:40:34,640 --> 00:40:36,440 for sure. Just a little update for 783 00:40:36,440 --> 00:40:40,080 everyone on this thing. Looks like a raffle bot is down. 784 00:40:42,120 --> 00:40:47,360 Yeah. Yeah, let me try it. 785 00:40:47,360 --> 00:40:49,760 Looks like a raffle bot. It's not loading. 786 00:40:49,880 --> 00:40:51,160 Yeah, it's not loading for me either. 787 00:40:51,520 --> 00:40:54,120 So it's not loading for anyone. So here's what we're going to 788 00:40:54,120 --> 00:40:55,440 do. We we're still going to go on 789 00:40:55,440 --> 00:40:58,000 for a few minutes, so we have more topics to cover, but let me 790 00:40:58,000 --> 00:41:01,960 make the rules very clear now. So everybody's on the same page 791 00:41:01,960 --> 00:41:03,800 here. You need to be all the spaces 792 00:41:04,440 --> 00:41:08,000 you need to follow Myriad markets, Robit and FOMO hour, of 793 00:41:08,000 --> 00:41:09,400 course. So all three of them, Myriad 794 00:41:09,400 --> 00:41:12,240 Markets, Robit and FOMO hour and you need to retweet the pin. 795 00:41:12,240 --> 00:41:15,280 The tweet that's pin Hell yeah, I'm going to I'm going to push 796 00:41:15,280 --> 00:41:19,240 my own shit. So so repeat the pin link hello 797 00:41:19,240 --> 00:41:22,320 myriad Robit and FOMO hour and be on the Twitter spaces. 798 00:41:22,320 --> 00:41:25,120 I'm going to pick 2 lucky people to win crypto punks today 799 00:41:25,120 --> 00:41:28,680 because let me tell y'all, y'all are going to win crypto punks 800 00:41:28,680 --> 00:41:30,640 today. That's for sure. 801 00:41:30,840 --> 00:41:33,840 But but that's why it wasn't working site is working. 802 00:41:33,840 --> 00:41:37,920 I mean, sorry, I guess it's. The entry code part you can't 803 00:41:37,920 --> 00:41:40,120 enter the code so we'll just. Go with what you've said. 804 00:41:40,560 --> 00:41:42,360 OK, it's the, it's the entry code. 805 00:41:42,360 --> 00:41:45,400 It's not the website, it's not that that's not working. 806 00:41:45,400 --> 00:41:48,840 Is the entry code part? Yeah, you can't submit a code at 807 00:41:48,840 --> 00:41:49,640 all. So it's not the website's 808 00:41:49,640 --> 00:41:51,520 broken. I can't enter a code at all. 809 00:41:51,720 --> 00:41:53,160 Sorry guys. So this is how we're going to be 810 00:41:53,160 --> 00:41:55,400 in Today's code was funny. Today's code was Mendel's shirt. 811 00:41:55,400 --> 00:41:59,640 So maybe we'll keep that code for another day as as that is 812 00:41:59,640 --> 00:42:04,840 not working. Tyler, Mr. Tyler, what else you 813 00:42:04,840 --> 00:42:06,720 got for us today? This seems like you've had a lot 814 00:42:06,720 --> 00:42:09,000 to share. Today a lot came through this 815 00:42:09,000 --> 00:42:13,040 this morning yeah dude, I gave the lead in so relevant to to 816 00:42:13,080 --> 00:42:16,720 myriad and prediction markets. Yes, we we got Judge Gia Cobb. 817 00:42:17,480 --> 00:42:20,880 She published her long form opinion on that that Kaushi 818 00:42:20,880 --> 00:42:23,400 ruling where she ruled in favor of them and their lawsuit 819 00:42:23,400 --> 00:42:28,280 against the CFCCFTC trying to say she basically says they 820 00:42:28,280 --> 00:42:32,320 didn't have the authority to conduct this review that led to 821 00:42:32,320 --> 00:42:35,840 them blocking Kaushi from from listing political prediction 822 00:42:35,840 --> 00:42:41,520 markets in the US. And this is important because 823 00:42:41,520 --> 00:42:46,200 the CFTC is considering banning all exchanges on its watch from 824 00:42:46,200 --> 00:42:48,880 listing these prediction markets and she says they exceed their 825 00:42:48,880 --> 00:42:51,800 statutory authority. Contracts do not involve 826 00:42:51,800 --> 00:42:56,880 unlawful activity or gaming. It does look like she yes. 827 00:42:56,880 --> 00:43:00,120 So she did in fact cite the previous Chevron defense 828 00:43:00,120 --> 00:43:01,880 precedent. So we talked about that when it 829 00:43:01,880 --> 00:43:03,400 broke and how that it would be important. 830 00:43:03,400 --> 00:43:07,240 Now we're already starting to see some examples of where it is 831 00:43:09,440 --> 00:43:14,800 having a major impact in court rulings, impacting protocols 832 00:43:15,040 --> 00:43:16,400 that we all are potentially going to use. 833 00:43:16,400 --> 00:43:19,040 That's interesting. I, I didn't know that it was 834 00:43:19,040 --> 00:43:21,600 because of Chevron ruling. That's actually super good. 835 00:43:21,800 --> 00:43:24,080 I mean, good for us, right? I think so. 836 00:43:25,840 --> 00:43:28,320 I mean, I'll take it. I'll definitely take that. 837 00:43:28,320 --> 00:43:31,440 Which is, which makes everything a little bit easier. 838 00:43:31,800 --> 00:43:33,800 I mean, damn. It's a weird entry, right? 839 00:43:34,760 --> 00:43:37,320 When I started getting deeper into prediction markets this 840 00:43:37,320 --> 00:43:41,320 year, it was largely because Bunny wanted to to bet on, on 841 00:43:41,320 --> 00:43:45,040 Biden dropping out effectively it just and they didn't want to 842 00:43:45,040 --> 00:43:46,200 do it. They didn't want to go through 843 00:43:46,240 --> 00:43:48,400 like the VPN hurdles and whatnot. 844 00:43:49,320 --> 00:43:52,080 So I think if if those get broken down, it will be in the 845 00:43:52,080 --> 00:43:55,840 on board, a pretty big on boarding advantage at least for 846 00:43:55,840 --> 00:43:59,640 folks in the US. Yeah, that's, that'll definitely 847 00:43:59,640 --> 00:44:01,360 help a lot. I mean, I find it ridiculous 848 00:44:01,360 --> 00:44:03,880 that you have to like geofence, like the position markets that 849 00:44:03,880 --> 00:44:06,840 are in USDC markets, etcetera, just like it just makes no 850 00:44:06,840 --> 00:44:08,240 sense. Like it's just a regular, you 851 00:44:08,240 --> 00:44:10,640 know what I mean? Like you're allowed to gamble in 852 00:44:10,640 --> 00:44:12,840 most places, right? I don't know. 853 00:44:13,760 --> 00:44:15,200 It's, it's going to be interesting to see where that, 854 00:44:15,200 --> 00:44:18,440 that, that legislation goes. But even before though, like it 855 00:44:18,440 --> 00:44:20,320 wasn't much, like it wasn't even the SEC level. 856 00:44:20,320 --> 00:44:22,920 It was like CFTC had a bunch of like no action letters that were 857 00:44:22,920 --> 00:44:24,360 sent out to Polymarket and whatnot. 858 00:44:24,840 --> 00:44:27,800 And the past, I think Polymarket had to pay like $1,000,000 fine, 859 00:44:27,800 --> 00:44:30,280 $2,000,000 fine in, in a couple of years ago. 860 00:44:30,280 --> 00:44:32,440 So it was. It was never much.