1 00:00:00,080 --> 00:00:04,280 Yo-yo, yo-yo, yo, what up, What up? 2 00:00:04,280 --> 00:00:17,120 Good morning, Good morning GMG, Friday, Friday the February 9th, 3 00:00:17,480 --> 00:00:20,320 2020. 4. Look at that. 4 00:00:20,920 --> 00:00:23,800 Another beautiful day. What is on me? 5 00:00:23,840 --> 00:00:27,200 Another beautiful day. To have a beautiful day. 6 00:00:27,920 --> 00:00:30,520 Sorry we're late. Y'all, but we are here and that 7 00:00:30,520 --> 00:00:33,960 is all that matters. I got my Co host Mando in the 8 00:00:33,960 --> 00:00:37,320 house. Mando, the man of the hour. 9 00:00:37,440 --> 00:00:39,680 Our superhero. Good morning. 10 00:00:40,440 --> 00:00:44,720 How you doing today? Oh no, I can't hear you. 11 00:00:44,760 --> 00:00:51,360 I can't hear you. You can't give us any shit now. 12 00:00:52,320 --> 00:00:55,320 No way, bro. No way. 13 00:00:55,320 --> 00:00:57,120 You know what I'm going to do? I'm just going to. 14 00:00:57,200 --> 00:00:58,960 I think. I think Sam's what Mando does. 15 00:00:58,960 --> 00:01:02,000 Let's just bring Yat up. Let's talk with with Yat because 16 00:01:02,160 --> 00:01:05,000 he's like that that Mister Metaverse is the busiest person 17 00:01:05,000 --> 00:01:07,560 in all crypto. So we're going to bring him on 18 00:01:07,560 --> 00:01:08,520 while we have him. Yat. 19 00:01:08,720 --> 00:01:12,680 Good morning. GM, GM, Can you actually hear 20 00:01:12,680 --> 00:01:15,480 me? Yes, yes, Like the voice of God 21 00:01:15,480 --> 00:01:19,760 coming from the sky right now. We've been doing 15 minutes. 22 00:01:21,400 --> 00:01:22,200 OK, great. Wonderful. 23 00:01:22,200 --> 00:01:24,080 It's great to be here. Thanks for having me. 24 00:01:24,680 --> 00:01:26,840 Yeah, good morning. Let me, let me hold on. 25 00:01:26,840 --> 00:01:30,520 We usually start you know I chat with man and everything that's 26 00:01:30,520 --> 00:01:32,040 not working we have you right now. 27 00:01:32,040 --> 00:01:35,160 Does that one of the the only the only you know. 28 00:01:35,160 --> 00:01:36,400 Plague. Plague. 29 00:01:36,480 --> 00:01:38,720 Sorry. The only area moment in time 30 00:01:38,720 --> 00:01:40,520 today that we could get you on. Let me get open. 31 00:01:40,520 --> 00:01:42,480 Campus on on on. Here. 32 00:01:42,480 --> 00:01:45,560 Let me, let me send him a code. Stand by and everything. 33 00:01:45,560 --> 00:01:46,880 Mando. I still can't hear you. 34 00:01:46,920 --> 00:01:50,320 So I guess you transferred your powers of being able to be heard 35 00:01:50,560 --> 00:01:54,040 to Yatsu this morning. So we appreciate you for doing 36 00:01:54,040 --> 00:01:58,280 so as we only had Yats for half an hour yet. 37 00:01:59,320 --> 00:02:00,520 Wow. How's everything? 38 00:02:00,520 --> 00:02:03,120 It it I saw you in Davos. Well, actually Mando as well he 39 00:02:03,120 --> 00:02:05,720 was hey little cats here. It was really cool at the Casper 40 00:02:05,720 --> 00:02:08,800 Labs house on the promenade on the main promenade. 41 00:02:08,800 --> 00:02:11,160 How how you been since how's everything going on on you 42 00:02:11,160 --> 00:02:12,280 guys's end at Adamoca? That's. 43 00:02:13,560 --> 00:02:15,520 Great. I mean, you know, I think, I 44 00:02:15,520 --> 00:02:17,480 think almost everyone in our industry would have been in a 45 00:02:17,480 --> 00:02:19,920 much better mood as of the last two months, shall we just say. 46 00:02:20,360 --> 00:02:23,280 And especially today, it's pretty, pretty amazing in terms 47 00:02:23,280 --> 00:02:26,320 of to see where where Bitcoin is in the entire market overall. 48 00:02:26,720 --> 00:02:29,920 And it's been driving a lot of activity in the area of gaming 49 00:02:29,920 --> 00:02:32,520 in particular. One of our other projects have 50 00:02:32,520 --> 00:02:35,400 been supporting called Pixels, just recently was had a 51 00:02:35,560 --> 00:02:37,760 Launchpad launch pool announcement and finance for 52 00:02:37,760 --> 00:02:40,600 instance. So you know lots of activity in 53 00:02:40,600 --> 00:02:42,720 this space. Gaming is on fire generally in 54 00:02:42,720 --> 00:02:45,680 the Web 3 space and just general adoption and conversation is 55 00:02:45,680 --> 00:02:48,080 good. So I think 2024 is going to be 56 00:02:48,080 --> 00:02:50,680 the year of adoption, right, in the sense that 23 might have 57 00:02:50,680 --> 00:02:52,880 been the year of consolidation and cleanup. 58 00:02:53,200 --> 00:02:55,440 I think 24 is the year of growth. 59 00:02:55,480 --> 00:02:57,600 And by the way, Happy Chinese Year. 60 00:02:57,680 --> 00:03:00,840 It's a year of the Wood Dragon. And the Wood dragon, everyone. 61 00:03:01,240 --> 00:03:03,600 Right. And the Wood Dragon's symbolism 62 00:03:04,000 --> 00:03:09,000 is prosperity, growth, audacity, and everything else that I think 63 00:03:09,000 --> 00:03:13,120 we're hoping for in 2024. I I love that that's some that's 64 00:03:13,120 --> 00:03:16,040 some really good stuff and and and and of course like happy 65 00:03:16,040 --> 00:03:18,600 Chinese this is this is a big moment you know we talk about 66 00:03:18,600 --> 00:03:21,280 the year the dragon a lot on the timeline that dragon by the way 67 00:03:21,880 --> 00:03:25,280 well how do you say dragon in in in in in Mandarin is long right. 68 00:03:25,440 --> 00:03:29,160 So you know does that does that mean something Maybe I am 69 00:03:29,160 --> 00:03:30,680 actually yes. I did some research because I 70 00:03:30,680 --> 00:03:33,640 was going to go tomorrow for breakfast in this local place in 71 00:03:33,640 --> 00:03:37,040 Montreal in the Chinese Chinese quarter for for like the 72 00:03:37,040 --> 00:03:40,160 traditional breakfast. And and I found out that I'm 73 00:03:40,160 --> 00:03:42,040 actually born the year of the the wood dog. 74 00:03:42,640 --> 00:03:45,760 And so as someone when you're the wood dog, I have to bow down 75 00:03:46,040 --> 00:03:50,800 to the wood dragon and let him cook because if I don't I may 76 00:03:50,800 --> 00:03:53,360 give all my money away and he's going to take it away from me. 77 00:03:53,520 --> 00:04:00,720 So I need to let him cook in in in the web three terms that's 78 00:04:00,720 --> 00:04:03,200 what I was that's the research I what I was told. 79 00:04:03,800 --> 00:04:06,040 So yeah, look it's a pleasure to have you this morning. 80 00:04:06,040 --> 00:04:08,600 It's so much fun you're here and and and I love that the the 81 00:04:08,600 --> 00:04:11,160 update especially on the gaming side, we're super bullish on web 82 00:04:11,160 --> 00:04:13,480 through gaming on this show. We've been talking about it for 83 00:04:13,480 --> 00:04:16,440 a minute and I mean we cover it every other day, there's news 84 00:04:16,440 --> 00:04:19,800 coming out so and so it's really cool and Gigi on the side of the 85 00:04:19,800 --> 00:04:23,480 Crypt is just like added a lot. So it's really cool to see. 86 00:04:23,600 --> 00:04:26,480 So the other thing though that's that you're bullish on Adamoca 87 00:04:26,480 --> 00:04:28,840 which is something you came to talk about which again something 88 00:04:28,840 --> 00:04:33,480 that we're commonly bullish on with you is education in Web 3. 89 00:04:33,880 --> 00:04:36,760 So let's I kind of want to dive right into it and like ask you 90 00:04:36,760 --> 00:04:41,320 straight up like you guys see Adamoca is is is wide, it's very 91 00:04:41,320 --> 00:04:43,280 large company. You guys are invested across the 92 00:04:43,280 --> 00:04:47,520 entire crypto space in multiple, you know, companies here, but 93 00:04:47,520 --> 00:04:50,800 why is Animoca specifically so into web through education, 94 00:04:50,800 --> 00:04:52,880 right, that we have the open Campus account on the stage as 95 00:04:52,880 --> 00:04:55,440 we speak to? Yeah, well, I mean, first of 96 00:04:55,440 --> 00:04:58,640 all, when you think about our space being gaming, actually 97 00:04:58,640 --> 00:05:01,760 gaming and education kind of go hand in hand because actually 98 00:05:01,760 --> 00:05:04,320 whatever you do, what I mean in terms of, you know, we learn 99 00:05:04,320 --> 00:05:07,320 through play and these these days, you know, we learn mostly 100 00:05:07,320 --> 00:05:08,760 through digital play. If you think about our kids 101 00:05:08,760 --> 00:05:11,920 playing on Roblox or you know, playing Minecraft, you know, you 102 00:05:11,920 --> 00:05:15,320 know, social interactions. And so to us it's a very natural 103 00:05:15,320 --> 00:05:17,640 fit to basically include education in the whole area. 104 00:05:17,960 --> 00:05:20,880 Also, I personally have been involved in education. 105 00:05:20,880 --> 00:05:22,960 I helped visitors. I'm on the board of several 106 00:05:22,960 --> 00:05:26,400 schools, helped sort of found some of the some some sort of 107 00:05:26,400 --> 00:05:29,280 educational centers and schools in the region as well. 108 00:05:29,280 --> 00:05:32,160 I always felt that education was really, really important for 109 00:05:32,160 --> 00:05:35,040 society, broadly speaking. And also the other thing is, is 110 00:05:35,040 --> 00:05:36,680 that education is something that we all do. 111 00:05:37,160 --> 00:05:39,280 I mean, we might say, for instance, that, oh, YouTube is 112 00:05:39,280 --> 00:05:41,840 entertainment, but actually YouTube is the largest education 113 00:05:41,840 --> 00:05:44,160 platform in the world, for instance, where people go and 114 00:05:44,160 --> 00:05:46,360 sort of go and, you know, to learn how to play the guitar, 115 00:05:46,520 --> 00:05:51,400 Rhythm Facts, podcast or vlog, actually, those are all kind of 116 00:05:51,400 --> 00:05:53,120 forms of education. So we're actually doing that 117 00:05:53,120 --> 00:05:56,360 every, every single day. And you know, education, you 118 00:05:56,360 --> 00:05:57,480 know, we talk about gaming being big. 119 00:05:57,480 --> 00:05:59,560 It is big, of course, right? You know, it's like, you know, 120 00:05:59,560 --> 00:06:01,920 over 3 billion gamers. It's the $200 billion industry 121 00:06:01,920 --> 00:06:04,680 today and growing, especially when you add in the Web 3 mix. 122 00:06:05,120 --> 00:06:09,040 But education, everyone does it and it's a $5 trillion base, 123 00:06:09,080 --> 00:06:10,920 right. And and the other thing I would 124 00:06:10,920 --> 00:06:13,720 also add is that, you know, we also looked at it from the lens 125 00:06:13,720 --> 00:06:17,680 of how do we get mass adoption in terms of I guess, political 126 00:06:17,680 --> 00:06:20,400 adoption as well. And here's the thing, You know, 127 00:06:20,400 --> 00:06:23,720 gaming is great and financial sort of, you know, literacy and 128 00:06:23,720 --> 00:06:25,160 sort of financial growth is all great. 129 00:06:25,360 --> 00:06:27,840 But unfortunately, these aren't very popular political 130 00:06:27,840 --> 00:06:30,120 narratives. But no, politicians don't get 131 00:06:30,120 --> 00:06:32,760 elected because they provide better services for gamers, at 132 00:06:32,760 --> 00:06:34,520 least not yet, maybe in a decade or so, right. 133 00:06:35,120 --> 00:06:38,600 And also, yeah, when it comes to sort of the Wall Street effects 134 00:06:38,600 --> 00:06:42,400 and that that crypto has enabled, web fear has enabled, 135 00:06:42,680 --> 00:06:45,880 unfortunately that's not necessarily very popular amongst 136 00:06:45,880 --> 00:06:49,080 a certain group of people. However, if we can make teachers 137 00:06:49,080 --> 00:06:51,400 more money or actually if you think about it, some of the 138 00:06:51,400 --> 00:06:54,360 largest, really probably the single largest creative group in 139 00:06:54,360 --> 00:06:58,240 the world, then that becomes a powerful political bloc, a very 140 00:06:58,240 --> 00:07:00,640 strong voice. And actually, you know, if you 141 00:07:00,640 --> 00:07:03,600 can basically educate our teachers about Web 3, then guess 142 00:07:03,600 --> 00:07:06,080 what they're going to educate next, the next generations and 143 00:07:06,080 --> 00:07:09,440 the people thereafter. So as a centre, I think focusing 144 00:07:09,440 --> 00:07:12,080 our attention on education, I think is I think really 145 00:07:12,080 --> 00:07:14,520 important for broader Web 3 adoption. 146 00:07:15,080 --> 00:07:17,920 It's also important for the narrative, and I see it very 147 00:07:17,920 --> 00:07:21,080 similarly to how, you know, when we looked at gaming, most people 148 00:07:21,080 --> 00:07:25,480 forget that we got into sort of evangelizing and Web 3 gaming in 149 00:07:25,480 --> 00:07:28,720 late 20/17/2018. It was a long time ago and 150 00:07:28,720 --> 00:07:30,840 similarly back then a lot of people didn't see it. 151 00:07:31,360 --> 00:07:32,840 And of course, today everyone's talking about it. 152 00:07:33,040 --> 00:07:36,040 And we kind of think education is the same because in some ways 153 00:07:36,040 --> 00:07:38,240 it's everywhere, but nowhere, right? 154 00:07:38,240 --> 00:07:40,280 It's kind of like, you know, because we do it every day. 155 00:07:40,320 --> 00:07:43,320 We somehow forget that actually, you know, just ask your parents 156 00:07:43,320 --> 00:07:45,320 how much they spend on education on you, right. 157 00:07:45,320 --> 00:07:48,120 And if you don't have children yet, you might not actually 158 00:07:48,120 --> 00:07:50,400 fully appreciate just how much you spend on that. 159 00:07:50,400 --> 00:07:53,160 So it's a generational thing. And eventually everyone here in 160 00:07:53,160 --> 00:07:56,520 crypto land is going to go maybe have their first kid and then 161 00:07:56,520 --> 00:07:58,960 they, oh, you know, I want to send to a school and hire a 162 00:07:58,960 --> 00:08:01,600 tutor and oh damn, how much money did you spend? 163 00:08:01,600 --> 00:08:02,240 Give me. Exactly. 164 00:08:02,360 --> 00:08:04,680 Exactly. Starting to get stressed out 165 00:08:04,680 --> 00:08:05,440 about that? Yeah. 166 00:08:07,000 --> 00:08:08,800 Yeah, yeah. And and The thing is, I think 167 00:08:09,200 --> 00:08:11,720 the other thing is, and this is what's so great about Wave 3, is 168 00:08:12,200 --> 00:08:14,720 you want to actually reward the very people who are giving the 169 00:08:14,720 --> 00:08:16,920 most direct value to whoever it is. 170 00:08:17,200 --> 00:08:20,120 And so in the same way that we can give artists direct value, 171 00:08:20,520 --> 00:08:23,240 we can now give teachers direct value for the services they 172 00:08:23,240 --> 00:08:25,240 create for our students, as an example. 173 00:08:25,600 --> 00:08:28,320 And then today, again, facing the same problems in the Web 2 174 00:08:28,320 --> 00:08:29,920 platforms, they're being disintermediated. 175 00:08:30,240 --> 00:08:33,520 Teachers are, you know, like in the US, Frances are amongst one 176 00:08:33,520 --> 00:08:37,400 of the lowest paid sort of people, given the fact that the 177 00:08:37,400 --> 00:08:39,440 role that they're doing is perhaps one of the most 178 00:08:39,440 --> 00:08:41,000 important. I mean, they probably spend many 179 00:08:41,000 --> 00:08:44,720 of our kids spend more time with teachers in school in a week 180 00:08:44,720 --> 00:08:46,320 than probably even with their families, right. 181 00:08:46,320 --> 00:08:48,240 If you think about sort of working families and all that 182 00:08:48,240 --> 00:08:50,800 kind of stuff. And yet we pay them way, way 183 00:08:50,800 --> 00:08:52,840 less. So there's something wrong with 184 00:08:52,840 --> 00:08:54,960 this system and I think Web Three can solve that. 185 00:08:55,160 --> 00:08:57,960 And so that's one of the reasons we're so focused on on education 186 00:08:57,960 --> 00:08:59,400 with open campus and with tiny Tab. 187 00:09:00,040 --> 00:09:03,360 So I love what you're saying here because it it's. 188 00:09:03,840 --> 00:09:07,320 I love that because I've been saying like when we founded Rock 189 00:09:07,320 --> 00:09:10,080 Radio originally was always on the premise of like education 190 00:09:10,080 --> 00:09:12,120 and entertainment, of course. So it's a mix of both, like you 191 00:09:12,120 --> 00:09:14,360 get on this show for example. And I always said that like 192 00:09:14,640 --> 00:09:16,800 creators are kind of the educators of our industry right 193 00:09:16,800 --> 00:09:18,080 now. Like they're in charge of like 194 00:09:18,080 --> 00:09:20,680 either entertain you or some of them will educate you. 195 00:09:20,680 --> 00:09:22,560 Or like for example Mando and Ovido in the morning with the 196 00:09:22,560 --> 00:09:25,640 market reports and stuff like that and different topics that 197 00:09:25,640 --> 00:09:27,480 we try to cover. Those are people that let pay 198 00:09:27,480 --> 00:09:28,960 the least. Like just recently in Quebec 199 00:09:29,240 --> 00:09:31,200 where I'm from. Yeah, there was a huge strike 200 00:09:31,200 --> 00:09:33,600 and the schools were closed because teachers, we're 201 00:09:33,840 --> 00:09:36,760 rightfully demanding some help, right. 202 00:09:37,080 --> 00:09:39,200 And and it's always, it's feels like it's always less people 203 00:09:39,200 --> 00:09:41,440 that we think about in society. Yet you know they're the people 204 00:09:41,440 --> 00:09:43,200 thinking of our kids. I mean Mando just had a child 205 00:09:43,400 --> 00:09:46,840 year and something go OV you know he's about about about to 206 00:09:46,840 --> 00:09:49,520 happen in 2024. You know wife is pregnant. 207 00:09:50,000 --> 00:09:52,800 OK, baby. Full market baby that he's going 208 00:09:52,800 --> 00:09:56,120 to Yo, your baby's going to be born the Year of the Dragon. 209 00:09:56,880 --> 00:09:57,640 Yeah, that's pretty cool. Cool. 210 00:09:58,840 --> 00:10:01,640 You're you know but but yeah I want to, I want to kick it back 211 00:10:01,640 --> 00:10:04,840 to you now it's like So what where does blockchain technology 212 00:10:04,880 --> 00:10:06,720 fit here? Like you said you have tiny tap 213 00:10:06,720 --> 00:10:08,800 you have open campus. I'm very familiar with both 214 00:10:08,800 --> 00:10:12,480 brands and companies and it's really some very it's some great 215 00:10:12,480 --> 00:10:15,320 companies you guys have, have, have have funded here but like 216 00:10:15,320 --> 00:10:16,640 what? What does where does blockchain 217 00:10:16,640 --> 00:10:19,000 technology come into play here? How does it help? 218 00:10:19,440 --> 00:10:21,640 So, yeah, exactly. So let me just give you one 219 00:10:21,640 --> 00:10:22,800 example. There's multiple, but let me 220 00:10:22,800 --> 00:10:24,760 give you one example that I think is easiest to illustrate. 221 00:10:25,120 --> 00:10:27,240 You know, one of the powerful things about Web Three is the 222 00:10:27,240 --> 00:10:29,240 fact that we have property rights as in this case digital 223 00:10:29,240 --> 00:10:32,040 property rights, which means that we can now allow for 224 00:10:32,040 --> 00:10:35,520 capital and value formation. So normally when you have an 225 00:10:35,520 --> 00:10:38,160 intellectual property that could be created by anyone including a 226 00:10:38,160 --> 00:10:41,080 teacher, it needs a certain kind of value before you can actually 227 00:10:41,080 --> 00:10:43,560 turn it into a sort of a product that you can then basically 228 00:10:43,560 --> 00:10:45,360 license and sell out. Because you know if it only 229 00:10:45,360 --> 00:10:49,080 makes $100 a year or something. That's not worth sort of having 230 00:10:49,080 --> 00:10:51,280 a legal construct and all the settings around that to 231 00:10:51,280 --> 00:10:53,960 basically sort of sell it on for some kind of capital value 232 00:10:53,960 --> 00:10:56,800 because the cost of the lawyer and the legal construct and and 233 00:10:56,800 --> 00:10:58,680 and the systems around it are just too expensive. 234 00:10:59,280 --> 00:11:02,120 But when you encapsulate that into an NFT, you're actually 235 00:11:02,120 --> 00:11:05,160 able to have the legal provenance, the intellectual 236 00:11:05,160 --> 00:11:08,600 property rights, where the money goes in a single transaction 237 00:11:08,600 --> 00:11:11,840 that costs less than a dollar. Which means that we can now 238 00:11:11,840 --> 00:11:14,520 allow capital formation to be created on intellectual property 239 00:11:14,520 --> 00:11:17,200 assets that could make as little as just a few dollars a year 240 00:11:17,200 --> 00:11:20,640 even if that's what we wanted. So imagine the scenario for 241 00:11:20,640 --> 00:11:23,320 instance, teachers in Venezuela make between 10 to $15.00 a 242 00:11:23,320 --> 00:11:26,240 month, which is not a lot. And if they make content on tiny 243 00:11:26,240 --> 00:11:29,000 tap, which then becomes content in which they could earn a 244 00:11:29,000 --> 00:11:31,520 royalty on because of the fact that people are subscribing to 245 00:11:31,520 --> 00:11:32,520 it. That's what Tiny Tap does. 246 00:11:32,520 --> 00:11:35,080 The tiny tap is kind of like a Netflix for educational content, 247 00:11:35,720 --> 00:11:38,600 which by the way serves about 200,000 teachers today and 248 00:11:38,600 --> 00:11:41,120 roughly 8 to 9,000,008 to 9 million families. 249 00:11:41,520 --> 00:11:43,880 And So what happens here is, is that when a teacher makes 250 00:11:43,880 --> 00:11:46,480 content on tiny tap on the creator tool, they then 251 00:11:46,480 --> 00:11:49,800 basically make revenue because a parent or another teacher uses 252 00:11:49,800 --> 00:11:52,440 it and pays a small subscription for it, right, Kind of Netflix 253 00:11:52,440 --> 00:11:54,400 style. Which means that the content 254 00:11:54,400 --> 00:11:57,800 then becomes basically a layer which basically makes money by 255 00:11:57,800 --> 00:11:59,880 buying the NFT from any third party. 256 00:12:00,280 --> 00:12:03,880 The royalty 80% of that up to 80% can now go to the new buyer 257 00:12:04,520 --> 00:12:07,120 and which means basically that the teachers just created his 258 00:12:07,120 --> 00:12:09,960 own intellectual property stream kind of like, you know, you're a 259 00:12:09,960 --> 00:12:12,360 musician and you're basically now able to sort of you know, 260 00:12:12,360 --> 00:12:14,680 sell your royalty zone to someone else as a single 261 00:12:14,680 --> 00:12:17,080 product. So that means capital formation 262 00:12:17,080 --> 00:12:19,120 is possible. So if I if this all content 263 00:12:19,120 --> 00:12:23,760 makes $100 a year, he might sell it for 500 or $1000, which means 264 00:12:23,760 --> 00:12:25,800 that whoever's buying it might make, you know, somewhere 265 00:12:25,800 --> 00:12:28,560 between 10 or 20% yield, which is not bad. 266 00:12:29,400 --> 00:12:32,000 The teacher makes more money and reinvests it into more content. 267 00:12:32,280 --> 00:12:35,160 The owner can actually market the product and actually make 268 00:12:35,160 --> 00:12:38,360 more revenue because now he has, he or she has this product that 269 00:12:38,360 --> 00:12:40,120 maybe they could sort of even promote further. 270 00:12:40,120 --> 00:12:42,760 So for instance, we had a Japanese entrepreneur who 271 00:12:42,760 --> 00:12:45,320 bought, you know, in some of the early auctions, bought a lot of 272 00:12:45,320 --> 00:12:49,040 this educational content earlier on and, you know, pay 10s of 273 00:12:49,040 --> 00:12:51,960 thousands of dollars of it for it, and then basically started 274 00:12:51,960 --> 00:12:55,440 selling this education content to Japan, helping localize it 275 00:12:55,720 --> 00:12:57,800 and basically created a bigger market. 276 00:12:57,800 --> 00:13:00,640 And so something that was making maybe 10 or $20,000 a year now 277 00:13:00,640 --> 00:13:03,320 makes double or triple that because she ended up doing some 278 00:13:03,320 --> 00:13:05,880 entrepreneurial activities with it, which then also showed us 279 00:13:05,880 --> 00:13:08,080 something else. Teachers can make great content, 280 00:13:08,080 --> 00:13:10,280 but it's not paired with people who know how to do business. 281 00:13:10,760 --> 00:13:12,720 But if a business person comes in and says, wait, I can take 282 00:13:12,720 --> 00:13:15,480 this content, I can make it even more famous or I can make more 283 00:13:15,480 --> 00:13:18,320 revenue from it, then we both basically can, can benefit from 284 00:13:18,320 --> 00:13:20,200 this. So in a way it's also tied in 285 00:13:20,200 --> 00:13:22,480 the people who know about money and entrepreneurial and sort of 286 00:13:22,480 --> 00:13:24,920 enterprises with the content creators, in this case teachers 287 00:13:24,920 --> 00:13:27,080 who don't know much about it at all, which is something that's 288 00:13:27,080 --> 00:13:29,160 never happened before, right? Teachers were always isolated 289 00:13:29,360 --> 00:13:31,040 doing that particular task. They don't necessarily know how 290 00:13:31,040 --> 00:13:33,200 to run a business because they never had a product that was 291 00:13:33,200 --> 00:13:35,480 worthwhile selling. And basically NFTS can help 292 00:13:35,480 --> 00:13:37,880 solve that. And so that's kind of how we 293 00:13:37,880 --> 00:13:39,840 think of this as kind of revolutionizing publishing. 294 00:13:39,840 --> 00:13:42,320 And so we call these the Publisher NFTS, which is 295 00:13:42,320 --> 00:13:45,680 basically a kind of sort of innovation around the NFT space 296 00:13:45,880 --> 00:13:48,640 that allows teachers and creators to basically have 297 00:13:48,640 --> 00:13:52,240 intellectual property rights and revenue streams that come from, 298 00:13:52,360 --> 00:13:53,800 you know, ownership of these NFTS. 299 00:13:54,760 --> 00:13:58,720 Wow, this is sick. Like, you know, the meme, like 300 00:13:58,720 --> 00:14:02,000 blockchain fixes this. It's like this is happening. 301 00:14:02,160 --> 00:14:04,800 Like it's not a meme. It's like it's actually fixing. 302 00:14:05,040 --> 00:14:07,760 Like there's an opportunity for it to fix the educational 303 00:14:07,760 --> 00:14:09,320 system. Mando, I saw you on mute here. 304 00:14:09,320 --> 00:14:11,000 Did you did you have something or you wanted me to? 305 00:14:11,960 --> 00:14:14,880 No, I I see how this ties in. There's a lot of headlines even 306 00:14:14,880 --> 00:14:17,360 a couple of days ago, right, which was a quote which you were 307 00:14:17,360 --> 00:14:19,720 saying, which is like NFTS are the building blocks of 308 00:14:19,720 --> 00:14:23,720 capitalism or digital capitalism and that kind of did the round. 309 00:14:23,720 --> 00:14:26,400 I think every major news outlook picked up on it. 310 00:14:26,720 --> 00:14:30,720 I can kind of see exactly how this fits in to to that. 311 00:14:31,440 --> 00:14:33,200 It's definitely not a realm which I think a lot of people 312 00:14:33,200 --> 00:14:36,280 have looked at from like a capitalism standpoint. 313 00:14:36,280 --> 00:14:38,400 But then again, teachers aren't making that much money. 314 00:14:38,400 --> 00:14:41,320 So maybe this is an important way to to go down there. 315 00:14:41,320 --> 00:14:43,840 Is there anything else like when you take a step back, you're 316 00:14:43,840 --> 00:14:46,360 like, wow, this could also be revolutionized with this, with 317 00:14:46,560 --> 00:14:50,080 this sort of concept? Well, I mean everything. 318 00:14:50,760 --> 00:14:53,920 If he's taken away from the concept of teachers, what NFTS 319 00:14:53,920 --> 00:14:56,600 allow you to do is they encapsulate your intellectual 320 00:14:56,600 --> 00:14:59,880 property rights and that means basically everything essentially 321 00:14:59,960 --> 00:15:01,840 can have the benefit of this capital formation. 322 00:15:02,440 --> 00:15:06,400 Which is why we think NFTS are pillars of digital capitalism in 323 00:15:06,400 --> 00:15:09,000 this case, right? Because property rights are the 324 00:15:09,000 --> 00:15:10,760 basis of a capitalist system today. 325 00:15:10,760 --> 00:15:14,360 The fact I can own my house or own my car is the reason why I 326 00:15:14,360 --> 00:15:16,760 can have value formation. It's the reason why we can have 327 00:15:16,760 --> 00:15:19,200 assets and which is the reason why, frankly economies flow, 328 00:15:19,200 --> 00:15:20,160 right. If you don't have property 329 00:15:20,160 --> 00:15:23,880 rights we can't have capitalism. And in the digital space, pre 330 00:15:23,880 --> 00:15:26,360 Web three, we actually didn't have any property rights because 331 00:15:26,360 --> 00:15:28,720 everything was owned by a platform where basically we're 332 00:15:28,720 --> 00:15:30,480 just rent tears. We don't have the right to 333 00:15:30,480 --> 00:15:32,200 actually do anything with this stuff because it's not really 334 00:15:32,200 --> 00:15:33,960 ours. I mean even if we have a million 335 00:15:33,960 --> 00:15:35,920 followers on Instagram, they don't really belong to us. 336 00:15:35,920 --> 00:15:38,280 We can't take them away to where we want to because they don't 337 00:15:38,280 --> 00:15:40,800 belong to us. And so this is basically what 338 00:15:40,800 --> 00:15:43,320 we're through really fixes. And of course the other thing 339 00:15:43,320 --> 00:15:46,080 that happens is that when you have capital information, you're 340 00:15:46,080 --> 00:15:48,520 actually creating significant value. 341 00:15:48,920 --> 00:15:51,440 That was kind of already there, but now it's something that's 342 00:15:51,440 --> 00:15:54,080 distributed amongst the sort of the the general population, 343 00:15:54,800 --> 00:15:57,760 which is again something that we've seen in history right when 344 00:15:57,760 --> 00:16:00,760 we moved from feudalism to basically democratic capitalist 345 00:16:00,760 --> 00:16:02,800 societies. Actually what happened was it 346 00:16:02,800 --> 00:16:05,600 wasn't that it was taking money away from essentially you know, 347 00:16:05,600 --> 00:16:08,520 the kings of of their time. It actually created more wealth 348 00:16:08,560 --> 00:16:12,160 overall and more activity because people were able to 349 00:16:12,160 --> 00:16:13,760 build new network effects on top of it. 350 00:16:14,160 --> 00:16:16,520 So we see this kind of in the NFT space as well. 351 00:16:17,000 --> 00:16:19,880 You know, if you want to board a someone else can make a game on 352 00:16:19,880 --> 00:16:22,120 it, someone else can target you because you own that ape. 353 00:16:22,120 --> 00:16:24,960 Someone creates sort of new skins and costumes and they can 354 00:16:24,960 --> 00:16:28,000 even have the right to basically do a burger joint or you know, 355 00:16:28,000 --> 00:16:30,960 sell alcohol or create water. They can basically build all 356 00:16:30,960 --> 00:16:33,040 these businesses because they own the rights around that 357 00:16:33,040 --> 00:16:36,720 particular ape as an example. That's actually what property 358 00:16:36,720 --> 00:16:39,600 rights enable you to do. And when you forecast a little 359 00:16:39,600 --> 00:16:41,680 bit into the future, it used to be that we used to think that, 360 00:16:41,680 --> 00:16:44,640 you know, sort of our property was a form of our labour, you 361 00:16:44,840 --> 00:16:46,240 know, in the classic Lockhean sense. 362 00:16:46,680 --> 00:16:49,320 But today, our labor is no longer that physical. 363 00:16:49,320 --> 00:16:51,800 I mean, some people do physical labor, but frankly, you know, 364 00:16:51,800 --> 00:16:54,000 when you look at the future, machines and robots will do all 365 00:16:54,000 --> 00:16:56,480 that kind of work. So what is the labor that is 366 00:16:56,480 --> 00:16:59,400 valuable to us as humans? It's what's in our head, It's in 367 00:16:59,400 --> 00:17:01,040 our mind. It's in our creativity. 368 00:17:01,440 --> 00:17:04,040 And so teachers are creating creative content to educate our 369 00:17:04,040 --> 00:17:05,920 kids every day. Artists are doing this every 370 00:17:05,920 --> 00:17:07,440 day. Game developers are going to do 371 00:17:07,440 --> 00:17:09,640 this every day. The future of work is going to 372 00:17:09,640 --> 00:17:12,079 be very much the work of the mind. 373 00:17:12,400 --> 00:17:14,640 And so we need to find a way in which we can own that. 374 00:17:15,000 --> 00:17:17,240 And this is basically why we need a digital context for it, 375 00:17:17,240 --> 00:17:20,319 because it's not scalable for us to sign legal contracts for 376 00:17:20,319 --> 00:17:24,000 every time we think of an idea. But NFTS can do this at scale 377 00:17:24,160 --> 00:17:26,839 immediately. It's true that it's. 378 00:17:26,960 --> 00:17:29,040 Going to be the work of the mind as a banger. 379 00:17:29,040 --> 00:17:30,040 Go on, Mando. Sorry. 380 00:17:30,680 --> 00:17:32,840 Yeah, I agree with that. Sense of that I do think for a 381 00:17:32,840 --> 00:17:35,360 while people have said you know it's it's the building blocks of 382 00:17:35,680 --> 00:17:38,520 of ownership. You kind of need for it to be 383 00:17:38,520 --> 00:17:41,240 fully the building blocks of like ownership. 384 00:17:41,240 --> 00:17:43,640 You do like courts and you need everything to kind of catch up 385 00:17:43,640 --> 00:17:46,120 with it like how how do you see that happening? 386 00:17:46,120 --> 00:17:49,120 Like I I haven't looked. I know tiny cap is based in 387 00:17:49,120 --> 00:17:50,880 Israel, right. So like how how do you look at 388 00:17:50,880 --> 00:17:52,960 stuff like courts in the different jurisdictions in 389 00:17:52,960 --> 00:17:54,760 Syrian How do you, how do you think about stuff like that? 390 00:17:54,960 --> 00:17:56,280 Yeah. I mean, we we always have to 391 00:17:56,280 --> 00:17:58,760 obviously collaborate and work with governments because at the 392 00:17:58,760 --> 00:18:00,920 end of the day, we still live in a physical context. 393 00:18:00,920 --> 00:18:03,160 You know, as much as we like to be virtual, at the end of the 394 00:18:03,160 --> 00:18:05,360 day we still have to eat and sleep and pay taxes somewhere. 395 00:18:06,400 --> 00:18:10,200 But the the base idea still is, you know, you first need to 396 00:18:10,200 --> 00:18:12,840 prove ownership before you can even talk about it. 397 00:18:13,240 --> 00:18:16,320 And so this is the point about web two is let's say I use AI, 398 00:18:16,320 --> 00:18:19,000 don't know a platform like YouTube, and I make content. 399 00:18:19,280 --> 00:18:21,920 If YouTube deletes it, how do I prove that I actually owned it? 400 00:18:22,120 --> 00:18:24,920 The only company that can tell me whether I really owned it was 401 00:18:24,920 --> 00:18:27,240 YouTube. And if they feel like saying I'm 402 00:18:27,240 --> 00:18:29,360 not sure where that is anymore, which has happened many times, 403 00:18:29,640 --> 00:18:32,000 then your content is lost and you know you don't have any way 404 00:18:32,000 --> 00:18:34,280 of proving anything because actually a third party has 405 00:18:34,280 --> 00:18:36,720 become the arbiter of your so-called property. 406 00:18:36,760 --> 00:18:38,720 But then in terms of not services, you don't have that 407 00:18:38,720 --> 00:18:41,400 property anyway. In blockchain you actually have 408 00:18:41,400 --> 00:18:44,160 the ability to prove that, you know, the moment it was minted 409 00:18:44,160 --> 00:18:46,160 and created. And so this is another thing 410 00:18:46,160 --> 00:18:49,200 because it's immutable on the blockchain and that basically 411 00:18:49,200 --> 00:18:51,640 becomes the almost the governmental Ledger as you are, 412 00:18:51,640 --> 00:18:53,280 right? It's it's a, it's a record 413 00:18:53,280 --> 00:18:56,520 keeping to prove it, which is the net first step that you need 414 00:18:56,520 --> 00:18:59,920 in order to then say, OK, I own this Providence now I can 415 00:18:59,920 --> 00:19:03,520 actually go to court if I have to defend and protect it, which 416 00:19:03,520 --> 00:19:06,160 is basically, for instance, if someone steals your Bitcoin, you 417 00:19:06,160 --> 00:19:08,840 know, 5-6 years ago people were like, what's this? 418 00:19:09,120 --> 00:19:11,880 But now you can go to the police and you can file a claim and say 419 00:19:11,880 --> 00:19:15,040 my Bitcoin was stolen because they, they've accepted that 420 00:19:15,040 --> 00:19:17,400 there's a way to actually really prove that that was your 421 00:19:17,400 --> 00:19:19,320 Bitcoin. And therefore we can basically 422 00:19:19,320 --> 00:19:20,960 put a claim and we can do all that kind of stuff that's 423 00:19:20,960 --> 00:19:22,960 necessary to protect our rights around that. 424 00:19:22,960 --> 00:19:25,280 So I think all of that was sort of very naturally flow in. 425 00:19:25,280 --> 00:19:27,960 So what blockchain solves is essentially the provenance 426 00:19:27,960 --> 00:19:30,800 first, the authentic, authentic ownership or for which when we 427 00:19:30,800 --> 00:19:32,520 can basically build legal structures on top. 428 00:19:33,320 --> 00:19:35,080 And I think the other thing is that, you know, even if the 429 00:19:35,080 --> 00:19:39,280 content is only generating 100 or $1000 a year, when you can 430 00:19:39,280 --> 00:19:42,360 prove that there's another element of enforcement which is 431 00:19:42,360 --> 00:19:44,760 social enforcement, right. So when you think back in the 432 00:19:44,760 --> 00:19:46,840 days when we were hunter gatherers, how do, how were we 433 00:19:46,840 --> 00:19:49,480 able to, you know, there was no government, how were we able to 434 00:19:49,480 --> 00:19:51,600 enforce essentially sort of our rights? 435 00:19:51,720 --> 00:19:54,360 It's because everyone else knew that was your cow, right? 436 00:19:54,600 --> 00:19:57,360 So because we're just a hundred 150 people, So even if I ended 437 00:19:57,360 --> 00:20:01,240 up taking for ox cow, then basically Mando and OSAF are 438 00:20:01,240 --> 00:20:03,160 like, well, hold on a second, that's for ox cow. 439 00:20:04,520 --> 00:20:07,040 We say it's his cow and therefore you must return it 440 00:20:07,240 --> 00:20:09,960 because within our social circle we had consensus. 441 00:20:10,480 --> 00:20:12,360 The problem is that when we became hundreds of thousands of 442 00:20:12,360 --> 00:20:15,400 people, consensus was no longer possible because we really were 443 00:20:15,400 --> 00:20:17,440 transacting with strangers that we didn't know each other. 444 00:20:17,560 --> 00:20:20,440 So we needed government to come in and basically say okay, This 445 00:20:20,440 --> 00:20:22,440 is how it's organized. This is how I knew what was 446 00:20:22,440 --> 00:20:25,760 doing is what blockchain solves this because this entire sort of 447 00:20:25,760 --> 00:20:29,040 provenance is now on chain. Meaning that, you know, if it's 448 00:20:29,040 --> 00:20:31,680 for ox digital cow, then you know, everyone knows this is 449 00:20:31,680 --> 00:20:33,520 COW. And if I happen to take that 450 00:20:33,520 --> 00:20:36,320 cow, then you know, everyone else around the ecosystem will 451 00:20:36,320 --> 00:20:39,080 know that I took the cow. So it's a social enforcement 452 00:20:39,080 --> 00:20:41,720 that comes, which we see today when there's a hack we create, 453 00:20:41,720 --> 00:20:43,400 you know, before the police is even involved. 454 00:20:43,680 --> 00:20:46,320 Actually, there's a social mechanism around blockchain that 455 00:20:46,320 --> 00:20:49,320 creates already an hour of defense and analysis and all 456 00:20:49,320 --> 00:20:51,160 that kind of stuff because everyone can see it. 457 00:20:51,440 --> 00:20:54,560 So I so I think you know that will sort of create more of a 458 00:20:55,000 --> 00:20:59,160 sort of the social, the social enforcement layer that wasn't 459 00:20:59,160 --> 00:21:04,040 possible in digital until today. So by the way, that was that was 460 00:21:04,040 --> 00:21:05,360 so good. Thank you Amanda for asking, 461 00:21:05,360 --> 00:21:08,000 'cause I think there's a lot of lot of lot of gems in here and 462 00:21:08,000 --> 00:21:10,000 for people to really understand like different use cases of the 463 00:21:10,000 --> 00:21:11,560 blockchain, why the blockchain in general? 464 00:21:11,560 --> 00:21:13,840 So definitely we need to elevate all this. 465 00:21:13,840 --> 00:21:16,360 But you came here today to speak also not only about tiny tab, 466 00:21:16,360 --> 00:21:18,400 but open campus, right? Like they're on stage with us 467 00:21:18,400 --> 00:21:20,680 right now on the on the Twitter spaces. 468 00:21:20,680 --> 00:21:23,560 So say if you're on here we're both on video and audio deal 469 00:21:23,560 --> 00:21:27,160 with Yatsu founder of Anamoka you've all heard of ya before is 470 00:21:27,160 --> 00:21:31,080 legend Mr. Metaverse and and he he accepted to to come on video 471 00:21:31,080 --> 00:21:34,800 with us and the open open campus stuff is where it gets really 472 00:21:34,800 --> 00:21:36,640 interesting right. Like I saw it's it's it's 473 00:21:36,640 --> 00:21:40,440 actually it's a really big deal. So do you want to talk to us 474 00:21:40,440 --> 00:21:42,920 about, you know, what Open Campus is like, what's what's 475 00:21:42,920 --> 00:21:47,800 the low down on on that? Well, I mean I think you'll hear 476 00:21:47,800 --> 00:21:50,080 a lot more about Open Campus. But the way that you can think 477 00:21:50,080 --> 00:21:53,520 of Open Campus is that we're basically building it as a kind 478 00:21:53,520 --> 00:21:56,360 of educational layer for schools, institutions and 479 00:21:56,360 --> 00:21:59,200 teachers and creators in that field to basically use that as a 480 00:21:59,200 --> 00:22:02,800 way to on board into web into Web 3:00 and basically build it 481 00:22:02,800 --> 00:22:05,840 as the educational platform that really doesn't exist in Web 3 482 00:22:05,840 --> 00:22:07,640 today. And in some ways it's kind of 483 00:22:07,640 --> 00:22:11,680 wild to think that you know there is nobody, really, nobody 484 00:22:11,680 --> 00:22:14,880 else really doing education at scale in web three when it is in 485 00:22:14,880 --> 00:22:18,000 fact one of the most important pillars of any society. 486 00:22:18,000 --> 00:22:20,920 And you've probably heard me speak this before which is that 487 00:22:20,920 --> 00:22:24,000 I think of blockchains, layer one layer twos and metaverses 488 00:22:24,320 --> 00:22:26,280 kind of as as national economies, right. 489 00:22:26,920 --> 00:22:29,640 And the the way to basically you know one of the key pillars of 490 00:22:29,640 --> 00:22:32,520 any kind of economy is the state of education that you have in 491 00:22:32,520 --> 00:22:35,880 the space and it's a protocol basically you think of it as 492 00:22:35,880 --> 00:22:38,520 that sort of enables and empowers you know educators in 493 00:22:38,520 --> 00:22:42,400 the space and you know it's powered by the Edu token. 494 00:22:42,920 --> 00:22:44,720 So it's a it's a token infrastructure. 495 00:22:44,880 --> 00:22:48,320 We have a creator fund which is $10 million to basically help 496 00:22:48,320 --> 00:22:52,080 basically people who are interested you know in sort of 497 00:22:52,080 --> 00:22:53,280 furthering web through education. 498 00:22:53,280 --> 00:22:54,960 They can go for grants. It's a Dow. 499 00:22:54,960 --> 00:22:57,400 So that means that you can put in your proposals and you can 500 00:22:57,400 --> 00:23:01,200 vote on on things around sort of which proposals should be funded 501 00:23:01,600 --> 00:23:04,280 that basically sort of use sort of, you know it could be, you 502 00:23:04,280 --> 00:23:06,760 know I think we have like web through literacy programs, we 503 00:23:06,760 --> 00:23:09,920 have to educational K12 programs and all that kind of stuff to 504 00:23:09,920 --> 00:23:12,520 basically help advance that. And there's a there's a there 505 00:23:12,560 --> 00:23:15,320 there is the thing about this is it there's an actual very 506 00:23:15,320 --> 00:23:18,960 practical sort of, you know sort of a financial incentive here 507 00:23:18,960 --> 00:23:22,640 because when you create content, you can sell that content and 508 00:23:22,640 --> 00:23:25,400 the content has educational value attached to it because a 509 00:23:25,400 --> 00:23:28,600 qualified teacher is doing it. And the buyer of that content 510 00:23:28,600 --> 00:23:31,120 doesn't necessarily have to be a Web Three person. 511 00:23:31,120 --> 00:23:33,000 It can be someone else who's like oh, I want this English 512 00:23:33,000 --> 00:23:34,560 content. They don't necessarily even have 513 00:23:34,560 --> 00:23:37,680 to know that Web Three is powering the back end and they 514 00:23:37,680 --> 00:23:40,520 would basically be just be using it on you know participating 515 00:23:40,520 --> 00:23:43,960 platforms like Tiny Tap, pay a fee and then basically that fee 516 00:23:44,560 --> 00:23:47,520 gets paid to the owner of the NFT which they can basically buy 517 00:23:47,520 --> 00:23:49,400 through open campus. And we've got financial 518 00:23:49,400 --> 00:23:52,880 institutions like Gems, we've got schools, we've got you know 519 00:23:52,880 --> 00:23:55,840 and most recently we sort of announced A partnership with 520 00:23:56,160 --> 00:23:59,800 Forbes with the OC 100 which is basically sort of trying to 521 00:23:59,800 --> 00:24:03,040 honor essentially you know the movers and shakers of Web Three 522 00:24:03,040 --> 00:24:05,520 particularly that are sort of pushing it forward in education 523 00:24:06,280 --> 00:24:09,120 and and and so forth. So, so this you know it's, it's 524 00:24:09,200 --> 00:24:11,480 a, it is still an early initiative relatively speaking 525 00:24:11,480 --> 00:24:15,160 you know, but it has you know significant financial power 526 00:24:15,160 --> 00:24:18,040 behind it and that's again something that you can really 527 00:24:18,040 --> 00:24:23,720 only do in Web 3. Wow this is sick like you guys 528 00:24:23,720 --> 00:24:25,720 are. This is really, really good. 529 00:24:25,720 --> 00:24:27,840 Like, I, I I love what's being built here and it's super 530 00:24:27,840 --> 00:24:29,680 interesting. So it's. 531 00:24:29,760 --> 00:24:31,200 I think a lot of people should look into that. 532 00:24:31,200 --> 00:24:34,760 So what are what are some what's the big wins right that you guys 533 00:24:34,760 --> 00:24:37,680 you know that the the project nailed so far like what are some 534 00:24:37,680 --> 00:24:38,280 really. Yeah. 535 00:24:38,440 --> 00:24:42,520 So, yeah, so maybe maybe one other thing that before I go 536 00:24:42,520 --> 00:24:45,600 into the big wins, maybe I I just wanted to highlight as well 537 00:24:45,600 --> 00:24:49,240 is you know when we think about sort of let's call it impact 538 00:24:49,240 --> 00:24:52,320 investing or for purpose investing, there aren't a lot of 539 00:24:52,320 --> 00:24:55,600 projects out there where you can say that if I own this token or 540 00:24:55,600 --> 00:24:58,680 if I own this NFT, I'm not just potentially sort of you know, 541 00:24:58,680 --> 00:25:01,400 having personal gain out of you know whatever effort if I could 542 00:25:01,440 --> 00:25:04,280 I could make out of this. But also I'm helping a broader 543 00:25:04,280 --> 00:25:06,280 cost. And by the way we do this for 544 00:25:06,280 --> 00:25:09,440 instance today when we choose to sort of you know, buy green or 545 00:25:09,440 --> 00:25:12,240 we choose to sort of you know, be sort of you know, energy 546 00:25:12,240 --> 00:25:14,960 friendly or we basically look at sort of you know, sustainable 547 00:25:14,960 --> 00:25:16,560 environmental products as an example. 548 00:25:17,200 --> 00:25:19,200 And there hasn't really been a mechanism to do this for 549 00:25:19,200 --> 00:25:21,000 education. When you think about it, even 550 00:25:21,000 --> 00:25:24,120 though we all can agree that education is very important, 551 00:25:24,320 --> 00:25:27,080 that teachers need to be paid more, that value should be 552 00:25:27,080 --> 00:25:29,280 shared across educated educators more broadly. 553 00:25:29,800 --> 00:25:32,040 And so really think about it for the first time. 554 00:25:32,040 --> 00:25:35,080 If you actually get involved in the project, you're actually 555 00:25:35,080 --> 00:25:38,160 helping a broader cause, in this case, make teachers more money, 556 00:25:38,320 --> 00:25:40,520 which then basically creates a positive flywheel, right. 557 00:25:40,520 --> 00:25:43,520 So, and I actually think that's one of the other sort of hidden 558 00:25:43,520 --> 00:25:47,000 powers of Web 3 which we can do with NFTS or other kind of 559 00:25:47,000 --> 00:25:48,920 projects. It's not just about sort of you 560 00:25:48,920 --> 00:25:52,760 know, it's something that is sort of artistic or beautiful or 561 00:25:52,800 --> 00:25:54,960 pure utility. There's also the whole element 562 00:25:55,240 --> 00:25:57,840 around actually doing something that has really positive impact 563 00:25:57,840 --> 00:26:00,600 which which by the way I think will be a trend in the future as 564 00:26:00,600 --> 00:26:02,040 well. Meaning it's not just going to 565 00:26:02,040 --> 00:26:04,360 be an education, it's going to be also for like animal welfare. 566 00:26:04,360 --> 00:26:06,000 It's going to be for all sorts of other areas. 567 00:26:06,720 --> 00:26:09,560 You know, like other good causes were you know, through a 568 00:26:09,560 --> 00:26:13,080 tokenized infrastructure, you can basically sort of help 569 00:26:13,080 --> 00:26:15,680 create sort of positive causes that are also not going to be 570 00:26:15,680 --> 00:26:18,080 charity but actually can be profitable. 571 00:26:18,360 --> 00:26:20,840 And so, you know, the example here would be the publisher NFT 572 00:26:20,840 --> 00:26:24,640 sales that we did, you know, we had a an initial, the last sale 573 00:26:24,640 --> 00:26:28,000 that we did had over $1.3 million of demand, which for 574 00:26:28,000 --> 00:26:31,000 educators is, is a lot. And you know, some of the 575 00:26:31,000 --> 00:26:33,560 teachers ended up making, you know, literally half a year to a 576 00:26:33,560 --> 00:26:36,760 year worth of their salaries from the sale of these NFTS. 577 00:26:37,320 --> 00:26:39,560 And you know, this is actually, again, something really quite 578 00:26:39,560 --> 00:26:43,000 fascinating because you know, when when someone like a 579 00:26:43,000 --> 00:26:46,680 teacher, a creator, makes more money, the natural thing they do 580 00:26:47,200 --> 00:26:49,600 is, you know, they might spend a little bit on themselves, but 581 00:26:49,600 --> 00:26:52,280 then they hire their friends and they build more educational 582 00:26:52,280 --> 00:26:54,640 content, right. You know, and and this is the 583 00:26:54,640 --> 00:26:56,560 thing, right? If if the person involved on the 584 00:26:56,560 --> 00:26:58,880 other side that's making money is mostly there for financial 585 00:26:58,880 --> 00:27:01,280 gain, which we have a lot of people in the initial Web 3 586 00:27:01,280 --> 00:27:03,840 space as well, they tend to buy other things that aren't 587 00:27:03,840 --> 00:27:05,360 necessarily going back into the ecosystem. 588 00:27:05,920 --> 00:27:07,720 But you know, and by the way, we've seen this with NFT 589 00:27:07,720 --> 00:27:10,120 artists, right? If NFT artists make money, sure, 590 00:27:10,120 --> 00:27:12,480 they, they, they might buy some nice things for themselves, but 591 00:27:12,480 --> 00:27:15,440 they also buy more NFT art to get involved in ecosystem and 592 00:27:15,440 --> 00:27:17,280 they reinvest in them because they're builders, right. 593 00:27:17,680 --> 00:27:21,120 So, you know, giving builders more capital actually makes the 594 00:27:21,120 --> 00:27:23,400 building environment bigger and better, broadly speaking. 595 00:27:23,400 --> 00:27:26,200 So again, we've seen, we've seen that effect. 596 00:27:26,880 --> 00:27:29,640 You know, we have several, I think like 7 cohorts in the 597 00:27:29,960 --> 00:27:31,560 accelerator. We have an Open Campus 598 00:27:31,560 --> 00:27:33,640 accelerator. We want to bring up to 100 599 00:27:33,640 --> 00:27:36,120 educational companies into the ecosystem by the end of the 600 00:27:36,120 --> 00:27:38,640 year, which I think would be quite impactful. 601 00:27:39,040 --> 00:27:43,600 We also launched our Open Campus ID, which is basically sort of a 602 00:27:43,600 --> 00:27:46,960 way in which we can sort of start tracking your educational 603 00:27:46,960 --> 00:27:48,840 identity and your data around that. 604 00:27:49,120 --> 00:27:51,520 Just think about sort of you know, some of the possibilities 605 00:27:51,520 --> 00:27:53,200 that that could come from that, you know, how do you do 606 00:27:53,200 --> 00:27:56,320 provenance, you know, on chain in terms of you know, your, your 607 00:27:56,320 --> 00:27:58,400 degree or your background. I mean just think about today 608 00:27:58,720 --> 00:28:00,720 when you're actually trying to sort of verify someone's 609 00:28:00,720 --> 00:28:02,920 background, what you have to do, well, you have to call the 610 00:28:02,920 --> 00:28:04,480 college, right. You have to get their 611 00:28:04,480 --> 00:28:07,080 permission. You have to figure all that out 612 00:28:07,480 --> 00:28:09,840 or could you just do it on chain with permission from the end 613 00:28:09,840 --> 00:28:12,240 user in the zero knowledge proof way? 614 00:28:12,240 --> 00:28:14,040 He doesn't have to reveal everything, he just reveal the 615 00:28:14,040 --> 00:28:16,600 things that he needs to reveal. And so I know that OK, he went 616 00:28:16,600 --> 00:28:19,120 there and OK, he did this degree and everything else doesn't 617 00:28:19,120 --> 00:28:20,880 really matter. Because really, why? 618 00:28:20,920 --> 00:28:24,640 You know, when you send your sort of sort of ACV to to you 619 00:28:24,640 --> 00:28:27,400 know, to to work or wherever it is that you do, do they need to 620 00:28:27,400 --> 00:28:29,400 do everything on your background, right. 621 00:28:29,560 --> 00:28:31,360 They really only need to know the pertinent things that you 622 00:28:31,360 --> 00:28:33,800 give them permission to. And that's again something that 623 00:28:33,920 --> 00:28:36,360 blockchain can solve. But you know some of the other 624 00:28:36,360 --> 00:28:38,240 things that are going to be I think pretty pivotal. 625 00:28:38,760 --> 00:28:41,080 And again, we're not doing them yet. 626 00:28:41,080 --> 00:28:43,840 But think about the space that education covers, right? 627 00:28:43,840 --> 00:28:46,520 It's not just learning and education, it's things like 628 00:28:46,520 --> 00:28:48,840 student loans, financial services. 629 00:28:49,120 --> 00:28:51,840 I mean these are massive, massive industries that are 630 00:28:51,840 --> 00:28:54,800 basically controlled by people who are really abusing 631 00:28:55,080 --> 00:28:57,240 essentially their monopoly positioning. 632 00:28:57,240 --> 00:28:59,720 And we know what Web three and and blockchain can do. 633 00:29:00,280 --> 00:29:02,520 Now imagine what happened in the world where you can actually 634 00:29:02,520 --> 00:29:06,000 take this type of power that Web three can already enabled, which 635 00:29:06,000 --> 00:29:08,600 by the way is a 1.71 point, $8 trillion space today, right, 636 00:29:08,760 --> 00:29:11,280 underpinned by Bitcoin. And you can actually provide 637 00:29:11,280 --> 00:29:15,040 some of that, let's say value down to the student level in the 638 00:29:15,040 --> 00:29:17,280 form of potentially loans or something like that. 639 00:29:18,000 --> 00:29:19,600 How could that change the world, for instance? 640 00:29:19,600 --> 00:29:22,440 And how could that actually create more opportunity in a 641 00:29:22,440 --> 00:29:25,840 manner that is more sort of sort of Fair and equitable? 642 00:29:25,840 --> 00:29:28,200 So, you know, there's I think the possibilities are endless. 643 00:29:28,240 --> 00:29:30,760 I think if once you start going to the education rabbit hole, 644 00:29:31,080 --> 00:29:33,400 you start to understand. That's why it's a $5 trillion 645 00:29:33,400 --> 00:29:37,360 space and Web Three is, I think, ideally suited to help change 646 00:29:37,360 --> 00:29:38,840 and alter and disrupt it for the better. 647 00:29:41,240 --> 00:29:43,840 I could listen. Yes, you speak for hours, man. 648 00:29:44,760 --> 00:29:47,760 But you guys, I mean, OV Mando. The future of education is 649 00:29:47,760 --> 00:29:49,240 bright, huh? You guys have young. 650 00:29:49,520 --> 00:29:50,960 You know, you OV's got one on the way. 651 00:29:51,200 --> 00:29:53,120 Mando's got one that's a year old already. 652 00:29:53,680 --> 00:29:56,600 Ed I I'm bullish on my future kids when I hear stuff like 653 00:29:56,600 --> 00:29:59,680 that. This is this is cool. 654 00:29:59,760 --> 00:30:00,880 Honestly. Like it's. 655 00:30:01,440 --> 00:30:04,880 I think it's a it's a space that needs to be revolution. 656 00:30:04,880 --> 00:30:08,240 I mean there's been some companies that have been that 657 00:30:08,240 --> 00:30:11,360 have been very, very popular. I think if you can, if you can 658 00:30:11,440 --> 00:30:16,600 form degrees or qualifications which people can start to be 659 00:30:16,600 --> 00:30:20,720 internationally recognised that that would be the real end goal 660 00:30:20,720 --> 00:30:22,920 or something like this, because then then it can have incredible 661 00:30:22,920 --> 00:30:25,320 power I think, or maybe on board some of the already 662 00:30:25,320 --> 00:30:27,920 internationally recognized qualifications. 663 00:30:27,920 --> 00:30:31,840 But yeah, it does feel like a space where the incentives are 664 00:30:31,840 --> 00:30:34,800 often misaligned. It's very, very difficult for 665 00:30:34,800 --> 00:30:39,000 people to track quality. Like the only only time you can 666 00:30:39,000 --> 00:30:42,600 really track quality of kids education is like parents 667 00:30:43,280 --> 00:30:47,080 teacher meetings right. Or and this is a much better way 668 00:30:47,080 --> 00:30:50,040 of potentially seeing seeing the value in in different courses. 669 00:30:50,040 --> 00:30:54,600 So like courses are so big in post education work so like you 670 00:30:55,000 --> 00:30:56,960 know people have been selling courses for a long long long 671 00:30:57,040 --> 00:31:01,240 time so so it does feel like that's the space that could that 672 00:31:01,240 --> 00:31:03,880 could move in here relatively relatively quickly. 673 00:31:03,880 --> 00:31:06,200 So yeah, I think it's a it's a very smart industry. 674 00:31:06,200 --> 00:31:11,320 I didn't realize it was, it was that big in terms of I guess, I 675 00:31:11,320 --> 00:31:13,600 guess obviously spending too but. 676 00:31:13,800 --> 00:31:21,000 Just just just think about how much your parents and how many 677 00:31:21,120 --> 00:31:24,200 for those who may have that have taken student loans, just add up 678 00:31:24,520 --> 00:31:28,160 that amount of money before you know until university. 679 00:31:28,320 --> 00:31:31,320 Let's just just work back and just start calculating what that 680 00:31:31,320 --> 00:31:33,680 sum is and then suddenly you're going to go, wait a second, 681 00:31:33,680 --> 00:31:36,200 actually maybe that's not even that much relative to the scale 682 00:31:36,200 --> 00:31:37,680 or size that we invest in, right? 683 00:31:37,680 --> 00:31:41,320 Have you spoken so? Institutions, those institutions 684 00:31:41,320 --> 00:31:43,520 that you might spend, you know, hundreds of thousands of dollars 685 00:31:43,520 --> 00:31:45,960 on, like already the big universities interested in this 686 00:31:45,960 --> 00:31:49,760 sort of platform. Have you seen those university 687 00:31:49,760 --> 00:31:52,160 endowments? I mean, these are Fortune 500 688 00:31:52,160 --> 00:31:55,360 companies, which is like what? I mean, you know, like the idea 689 00:31:55,360 --> 00:31:57,560 originally when I first grew up, you know, I was thinking 690 00:31:57,560 --> 00:32:00,640 educational companies, It ought to be sort of a little bit more 691 00:32:00,640 --> 00:32:03,000 sort of on the sort of social enterprise style. 692 00:32:03,000 --> 00:32:05,840 And then like, wait a second, these are money making machines, 693 00:32:05,840 --> 00:32:07,000 right? They're not for profits, man. 694 00:32:07,040 --> 00:32:08,360 They're not for profits. You should. 695 00:32:08,440 --> 00:32:09,400 You should know how they run, yes. 696 00:32:12,000 --> 00:32:14,040 Exactly, exactly. Yes. 697 00:32:14,040 --> 00:32:17,360 Oh my, I love that. So yeah, look, I know, I know we 698 00:32:17,360 --> 00:32:19,760 we had to start late because of all the bug, the the issues we 699 00:32:19,760 --> 00:32:21,240 have. But I do have a couple more 700 00:32:21,240 --> 00:32:24,080 questions for you And then you know we're going to free you so 701 00:32:24,080 --> 00:32:28,560 you can go enjoy your hopefully the celebration's coming up but 702 00:32:28,880 --> 00:32:32,320 what are what's the what's the game plan right 2024 you know 703 00:32:32,480 --> 00:32:35,040 it's it's going to be it's a great year for crypto thus far. 704 00:32:35,120 --> 00:32:36,680 It's looks like it's going to be a great year. 705 00:32:36,680 --> 00:32:38,640 You know we're going to get to the market report for everybody 706 00:32:38,640 --> 00:32:41,240 listening after we're done here but it's still guys going to be 707 00:32:41,240 --> 00:32:44,040 a good one all around. So what's what's the game plan 708 00:32:44,040 --> 00:32:47,640 for for Open Campus and Amoka And then you know of course like 709 00:32:47,840 --> 00:32:51,720 what are the exciting stuffs you got you guys got on the on the 710 00:32:51,720 --> 00:32:53,840 horizon. Well, I mean there's a, there's 711 00:32:53,840 --> 00:32:55,680 a whole bunch, but let me first start with Open Campus. 712 00:32:55,720 --> 00:32:58,720 I I sort of teased a little bit earlier you know Open Campus ID 713 00:32:58,720 --> 00:33:01,440 obviously the design is to have that be a core primitive 714 00:33:01,440 --> 00:33:03,440 basically in the entire Open Campus ecosystem. 715 00:33:03,640 --> 00:33:05,680 You know for the learner profiles we just talked about 716 00:33:06,280 --> 00:33:08,080 you know the acceleration program as well. 717 00:33:08,200 --> 00:33:10,600 You know the the the funding that we set aside for basically 718 00:33:10,600 --> 00:33:13,600 people creating content around that area, bringing in many more 719 00:33:13,600 --> 00:33:16,280 sort of educational companies that are not in web three. 720 00:33:16,480 --> 00:33:19,240 You know stay tuned for some sort of pretty big protocol 721 00:33:19,240 --> 00:33:23,840 based views around that area. And initiatives like OC 100 and 722 00:33:23,840 --> 00:33:26,160 Open Campus University that basically really aim to 723 00:33:26,160 --> 00:33:29,440 spotlight creators and sort of spotlight sort of you know what 724 00:33:29,440 --> 00:33:31,080 education in web three is all about. 725 00:33:31,680 --> 00:33:33,920 And again, you know, I gave the examples earlier. 726 00:33:33,920 --> 00:33:36,200 We just have to scale that out. In some ways. 727 00:33:36,200 --> 00:33:39,880 The good news is that because it's such a sort of nascent Web 728 00:33:39,880 --> 00:33:43,280 3 space, it can really only go up in terms of growth, right? 729 00:33:43,400 --> 00:33:46,200 It's a little bit like, as I said, it's like gaming in in in 730 00:33:46,200 --> 00:33:49,120 2018-2019, right? It's like it, it seems like a 731 00:33:49,120 --> 00:33:50,960 really small space, but actually when you think about it 732 00:33:50,960 --> 00:33:54,200 naturally it can only really grow and expand and and we're 733 00:33:54,200 --> 00:33:56,760 obviously hoping that there'll be a lot more participation. 734 00:33:57,120 --> 00:33:59,120 But then of course the other thing that Animalca is also 735 00:33:59,120 --> 00:34:02,280 quite focused on for this year is, is the Mocha verse, which is 736 00:34:02,280 --> 00:34:05,320 another basically concept for us that basically helps tie in 737 00:34:05,320 --> 00:34:08,440 essentially the Animalca ecosystem of a 450 plus 738 00:34:08,440 --> 00:34:10,960 portfolio companies and our various subsidiaries into 739 00:34:10,960 --> 00:34:13,920 essentially 1 ecosystem. You know, not just in governance 740 00:34:13,920 --> 00:34:17,679 but also in terms of basically using that for for basically 741 00:34:18,080 --> 00:34:20,440 sort of you know like a decentralized steam, you know 742 00:34:20,440 --> 00:34:22,920 like examples for instance. Like we've invested in over 150 743 00:34:22,920 --> 00:34:25,840 games and the expectation for us is obviously that you know why, 744 00:34:25,840 --> 00:34:28,920 Why would you have to basically launch like your KYC, every 745 00:34:28,920 --> 00:34:31,320 wallet every, every single time when you basically you can just 746 00:34:31,320 --> 00:34:36,239 simply do that by by by having a single ID for instance, you know 747 00:34:36,280 --> 00:34:38,760 and being able to share those network effects basically across 748 00:34:38,760 --> 00:34:41,800 your entire network is is what we're hoping that more of us can 749 00:34:41,800 --> 00:34:44,199 do. And it's been quite a successful 750 00:34:44,440 --> 00:34:47,639 sort of community build up, you know, and it's kind of cool 751 00:34:47,639 --> 00:34:49,360 because it was built over a bear market, right. 752 00:34:49,360 --> 00:34:51,760 I mean it's we started in in 23, which is really, if you think 753 00:34:51,760 --> 00:34:53,880 about it, arguably a bad time to do stuff. 754 00:34:53,880 --> 00:34:56,880 But that's actually the best time to do stuff because it 755 00:34:56,960 --> 00:34:59,760 brings in a core group of people who are really here for the long 756 00:34:59,760 --> 00:35:02,200 term because if you were thinking about sort of you know 757 00:35:02,200 --> 00:35:07,080 a quick flip you probably would have left by early 23 and would 758 00:35:07,080 --> 00:35:09,600 have been a little bit shy of the space so. 759 00:35:09,600 --> 00:35:11,560 So I think we've we've had the good fortune of building a 760 00:35:11,560 --> 00:35:14,920 really strong community and as you know it was effectively 761 00:35:14,920 --> 00:35:18,800 almost a $0.00 mint and and right now I think it's maybe 762 00:35:18,800 --> 00:35:22,920 around I think it's like 4-5 E whatever the price is you know 763 00:35:22,920 --> 00:35:25,640 in in terms of the floor price. But you know I think the whole 764 00:35:25,640 --> 00:35:28,040 point on this one is it's actually helped put together a 765 00:35:28,040 --> 00:35:31,480 really strong community and and we'll we'll grow it from there 766 00:35:31,480 --> 00:35:35,720 with you know among sort of the mocha versus ID which I think is 767 00:35:35,720 --> 00:35:39,080 slowly approaching half a million active users at this 768 00:35:39,080 --> 00:35:39,600 point. So. 769 00:35:40,080 --> 00:35:43,560 So again these are the things that we sort of are going to be 770 00:35:43,560 --> 00:35:46,160 focusing on you know outside of games and investments you know 771 00:35:46,160 --> 00:35:50,200 we've been very active investors in 2023 many of the games 772 00:35:50,600 --> 00:35:54,240 actually that are about to launch are now launching this 773 00:35:54,240 --> 00:35:55,600 year. It does take two to three years 774 00:35:55,600 --> 00:35:59,080 to make good games, as you know. So these the cycle of game 775 00:35:59,080 --> 00:36:03,560 launches between now and the next 12 to 18 months will be 776 00:36:03,600 --> 00:36:07,280 very sort of accelerated. And so as a result, I think 777 00:36:07,280 --> 00:36:11,080 again, we should be expecting to see more broader Web 3 adoption 778 00:36:11,440 --> 00:36:13,440 from Web two people who might not even necessarily know that 779 00:36:13,440 --> 00:36:15,720 they're playing Web three-game, but they're basically basically, 780 00:36:15,720 --> 00:36:19,320 you know, getting on boarded into this whole sort of sort of 781 00:36:19,320 --> 00:36:23,080 Web 3 ecosystem. Wow, that's exciting. 782 00:36:23,080 --> 00:36:24,920 Yeah, it looks like you have a busy year ahead. 783 00:36:25,200 --> 00:36:26,960 Looks like you have a a busy year ahead. 784 00:36:26,960 --> 00:36:28,160 What is it? I'm going to, I'm going to 785 00:36:28,160 --> 00:36:29,400 bother you for one more question. 786 00:36:29,600 --> 00:36:32,480 What are what are a couple of predictions you got for 20/20? 787 00:36:32,480 --> 00:36:34,200 What are you? Some like give me like 2-3 788 00:36:34,200 --> 00:36:35,880 predictions for the year of the dragon. 789 00:36:37,480 --> 00:36:39,560 OK. But well if I'm going to, if I'm 790 00:36:39,560 --> 00:36:44,600 going to be bold about this, I think that this 12 to next 18 791 00:36:44,600 --> 00:36:48,280 months we should be hitting our first sort of 100 million users 792 00:36:48,280 --> 00:36:50,880 I think in terms of the native Web 3 space. 793 00:36:51,120 --> 00:36:53,840 So I don't mean people owning crypto in an exchange. 794 00:36:53,840 --> 00:36:57,000 I actually mean people sort of interacting basically with like 795 00:36:57,000 --> 00:36:58,840 you know wallets and then games and that kind of stuff. 796 00:36:58,840 --> 00:37:01,640 I think I think you know gaming and hopefully education will 797 00:37:01,640 --> 00:37:04,200 help drive that and sort of grow that space. 798 00:37:04,920 --> 00:37:07,840 That's that, that's one I guess sort of hope that we have the 799 00:37:07,840 --> 00:37:09,720 second one. I think gaming will drive a big 800 00:37:09,720 --> 00:37:11,760 part of that narrative, particularly in the first part 801 00:37:11,760 --> 00:37:15,160 of the year just because of the fact that I think, you know, the 802 00:37:15,160 --> 00:37:18,720 games are launching and and you'll see a lot of, I guess 803 00:37:18,920 --> 00:37:22,400 success in the space as well. Just because we see this, for 804 00:37:22,400 --> 00:37:24,520 instance, what's happening with pixels and what's happening 805 00:37:24,520 --> 00:37:27,000 with, you know, the revival of AXI Infinity and Ronan as, I 806 00:37:27,040 --> 00:37:29,160 mean the network effects that are sort of bouncing back from 807 00:37:29,160 --> 00:37:30,920 each other, right? I mean people don't generally 808 00:37:30,920 --> 00:37:33,720 talk about it, you know how AXI is doing really well because 809 00:37:33,720 --> 00:37:36,040 it's you know the media doesn't want to talk about that. 810 00:37:36,040 --> 00:37:38,840 But actually AXI is doing incredibly well for instance, 811 00:37:38,840 --> 00:37:41,680 right. And and as as an example and and 812 00:37:41,680 --> 00:37:45,400 the space is broadly recovering in in in in really good way. 813 00:37:45,800 --> 00:37:49,320 The other area I would say is I think this is the year of Asia 814 00:37:50,080 --> 00:37:53,440 in the sense that you know, Asia has been at the forefront on the 815 00:37:53,440 --> 00:37:56,360 regulatory side of things and has basically been pushing 816 00:37:56,360 --> 00:37:59,800 forward, particularly when it comes to Web three culture, so 817 00:37:59,800 --> 00:38:03,160 gaming, NFTS and so on. The biggest game companies in 818 00:38:03,160 --> 00:38:05,960 the region in Asia are actually adopting Web Three. 819 00:38:05,960 --> 00:38:08,120 You know, you know, Korean, Japanese game companies, they're 820 00:38:08,120 --> 00:38:11,040 all doing web three related projects, one form or the other 821 00:38:11,320 --> 00:38:14,280 in stark contrast to the US for instance, where they're still 822 00:38:14,280 --> 00:38:16,560 shying away from it. And I think again it has a lot 823 00:38:16,560 --> 00:38:19,760 to do with the context of how to view you know capitalism and the 824 00:38:19,760 --> 00:38:22,760 fact that their user bases, you know not as friendly towards it 825 00:38:22,800 --> 00:38:24,600 for the time being. But we've seen the same thing 826 00:38:24,600 --> 00:38:26,760 with sort of free to play in the in the freemium business models 827 00:38:27,160 --> 00:38:29,480 in the early days. So I think we will see more 828 00:38:29,600 --> 00:38:33,720 natural growth coming from Asia than than the West. 829 00:38:33,920 --> 00:38:37,560 However, don't count out the the West I mean and but I think the 830 00:38:37,560 --> 00:38:39,360 broad market I think will be good. 831 00:38:39,680 --> 00:38:41,920 It's an election year. So generally speaking, we should 832 00:38:41,920 --> 00:38:45,480 expect this to have actually an A positive impact just because 833 00:38:45,480 --> 00:38:47,760 people don't want to create too much instability for all sorts 834 00:38:47,760 --> 00:38:51,000 of reasons. I don't see, knock on wood any 835 00:38:51,000 --> 00:38:55,040 kind of major black Swans. I think last year the settlement 836 00:38:55,040 --> 00:38:58,480 with Finance was probably the biggest single issue that our 837 00:38:58,480 --> 00:39:03,320 industry had to fear and I think we are sort of clear from that, 838 00:39:03,320 --> 00:39:05,480 which is great. And it also told me something 839 00:39:05,480 --> 00:39:07,920 else. It told me that contrary to what 840 00:39:07,920 --> 00:39:12,160 some naysayers would say, the US isn't out to kill crypto because 841 00:39:12,160 --> 00:39:15,280 if the US is in fact out to kill crypto, they could have done 842 00:39:15,320 --> 00:39:18,360 far, far worse than put an expensive penalty that finance 843 00:39:18,360 --> 00:39:22,240 can actually afford, right? It told me that the the US 844 00:39:22,240 --> 00:39:26,080 agrees that maybe Crypto and Web Three is systemic or it's 845 00:39:26,080 --> 00:39:29,080 important, or it's reached a scale that essentially has a 846 00:39:29,080 --> 00:39:31,560 point of no return in the sense that we have to sort of figure 847 00:39:31,560 --> 00:39:34,720 it out. And you know, maybe the SEC and 848 00:39:34,720 --> 00:39:37,000 some people there don't agree, but the rest of the American 849 00:39:37,000 --> 00:39:40,080 government is not on the same page, which again is one of the 850 00:39:40,080 --> 00:39:43,400 beautiful things about the American democratic system, 851 00:39:43,440 --> 00:39:45,120 right. It's it's not talking about that 852 00:39:45,120 --> 00:39:47,880 way. So I feel, I feel quite positive 853 00:39:47,880 --> 00:39:50,480 about this and I think that it was the market clarity we saw 854 00:39:50,800 --> 00:39:54,000 the rest of the world is going to be adopting Bitcoin spot ETFs 855 00:39:54,000 --> 00:39:57,080 because after all the US doesn't need to have, shouldn't have all 856 00:39:57,080 --> 00:39:58,840 the fun. Hong Kong has already received a 857 00:39:58,840 --> 00:40:02,200 number of applications, and I think it's quite possible that 858 00:40:02,200 --> 00:40:05,480 the theorems about ETFs might actually come sooner in other 859 00:40:05,480 --> 00:40:07,480 markets. Obi loves to hear that. 860 00:40:08,640 --> 00:40:12,600 OSF loves to hear that. Yeah, absolutely. 861 00:40:13,760 --> 00:40:15,480 Yes. But it's great, It's great. 862 00:40:15,480 --> 00:40:19,200 Look, I I mean I'm I'm as I said year of the Dragon 24, very 863 00:40:19,200 --> 00:40:20,480 bullish on where it's going to go. 864 00:40:20,800 --> 00:40:23,200 I mean we're generally very optimistic people. 865 00:40:23,440 --> 00:40:26,080 But as a, you know the last two months, if if the last two 866 00:40:26,080 --> 00:40:30,400 months has been any indication, then I think 24 should should be 867 00:40:31,280 --> 00:40:33,280 really good here. In fact, if I had to put down a 868 00:40:33,280 --> 00:40:36,160 worry, I would say overheating too soon. 869 00:40:38,440 --> 00:40:40,960 Yeah, it said, look, we don't want to overheat too soon, 870 00:40:40,960 --> 00:40:43,320 that's for sure. But Bitcoin is looking great 871 00:40:43,320 --> 00:40:46,720 this morning yet hitting, you know the best monthly or weekly 872 00:40:46,720 --> 00:40:48,520 candle we've printed in four months. 873 00:40:48,520 --> 00:40:51,200 I just saw that. So we'll we'll take that I. 874 00:40:51,200 --> 00:40:54,080 Mean I yeah, I mean I think the one thing that you know people 875 00:40:54,120 --> 00:40:56,120 and I think one of the other hopes that we have oversee, I 876 00:40:56,120 --> 00:40:57,440 don't think this will happen in 24. 877 00:40:57,440 --> 00:41:00,840 But long term is that when we get people into Web 3 and you 878 00:41:00,840 --> 00:41:03,560 know they would they become basically more financial 879 00:41:03,560 --> 00:41:06,160 literate just because I have to understand Web 3 because 880 00:41:06,160 --> 00:41:09,480 everything is kind of in the lens of financial value and 881 00:41:09,480 --> 00:41:12,000 services. And I think, you know, hopefully 882 00:41:12,000 --> 00:41:14,640 that also means, and this is to me, I think the bigger picture 883 00:41:15,080 --> 00:41:18,240 that we can basically teach people more about why capitalism 884 00:41:18,240 --> 00:41:20,440 is important. Because I think we've reached a 885 00:41:20,440 --> 00:41:23,520 point in time right now which I think is quite dangerous where 886 00:41:23,520 --> 00:41:25,520 people, you know, it's become fashionable to start talking 887 00:41:25,520 --> 00:41:28,520 about Marx again and talk about sort of, you know, socialism in 888 00:41:28,520 --> 00:41:30,640 in this manner. And again, I grew up in Austria 889 00:41:30,640 --> 00:41:33,480 in a Social Democratic country, so I'm not anti socialist per 890 00:41:33,480 --> 00:41:35,720 SE. But the point is, is that, you 891 00:41:35,720 --> 00:41:37,680 know, capitalism is the engine of growth. 892 00:41:37,680 --> 00:41:39,200 It gives us entrepreneurial spirit. 893 00:41:39,200 --> 00:41:41,480 It's the incentives that we have that we can have this 894 00:41:41,480 --> 00:41:43,360 disruption. And all the people who are 895 00:41:43,360 --> 00:41:46,800 basically sort of criticizing crypto are actually also 896 00:41:47,000 --> 00:41:49,080 critical to capitalism because they fear it. 897 00:41:49,480 --> 00:41:52,840 And one of the things that I say to people is that actually 898 00:41:52,880 --> 00:41:55,520 capitalism is a proxy for change, right? 899 00:41:55,520 --> 00:41:57,160 We live on disruption and change. 900 00:41:57,160 --> 00:41:59,320 Innovation doesn't happen because it's harmonious. 901 00:41:59,560 --> 00:42:03,360 It happens because we create basically disruptive, crazy new 902 00:42:03,360 --> 00:42:05,520 ideas that can change the world. If there wasn't capitalism, we 903 00:42:05,520 --> 00:42:07,480 wouldn't have Tesla, we wouldn't have green energy, we wouldn't 904 00:42:07,480 --> 00:42:10,480 have, you know, all the things that we enjoy today if it wasn't 905 00:42:10,480 --> 00:42:13,400 for that incentive. I agree that the distribution of 906 00:42:13,400 --> 00:42:15,960 capitalism has been, has gotten messy. 907 00:42:16,160 --> 00:42:19,560 But I would also add, that's because in the web two world, 908 00:42:20,200 --> 00:42:21,800 we're not living in a capitalist environment. 909 00:42:22,040 --> 00:42:26,560 Because think about this, Facebook, Amazon, Google, they 910 00:42:26,560 --> 00:42:28,720 control the market. It's not a free market. 911 00:42:29,120 --> 00:42:32,280 If you buy advertising on Facebook, who decides actually 912 00:42:32,280 --> 00:42:34,760 what the algorithm, who owns the algorithm that decides what you 913 00:42:34,760 --> 00:42:36,920 should get? Why is it OK that when you spend 914 00:42:36,920 --> 00:42:40,520 advertising, you have a one to two or three percent sort of 915 00:42:40,520 --> 00:42:42,480 success rate? What kind of success rate is 916 00:42:42,480 --> 00:42:44,560 that? If you run a restaurant that has 917 00:42:44,560 --> 00:42:47,280 a 1 to 3% success rate, you're out of business, right? 918 00:42:47,600 --> 00:42:51,360 So the point is that actually the web two companies have taken 919 00:42:51,360 --> 00:42:54,520 away capitalism from us. They've created their own 920 00:42:54,520 --> 00:42:57,320 essentially means of ownership of these productions and have 921 00:42:57,320 --> 00:43:00,360 sold it to us basically in this sort of colonial manner. 922 00:43:00,760 --> 00:43:03,920 And web three basically actually will save us I think by 923 00:43:03,920 --> 00:43:07,320 reintroducing capitalism and hopefully educating people about 924 00:43:07,320 --> 00:43:09,720 the benefits of this because essentially it's anti 925 00:43:09,720 --> 00:43:12,920 monopolistic in nature and actually you know, think about 926 00:43:12,920 --> 00:43:14,600 sort of you know how the markets evolve. 927 00:43:14,600 --> 00:43:18,800 I actually think that I think Web Three will basically sort of 928 00:43:19,160 --> 00:43:23,440 hopefully bring capitalism and the spirit of capitalism and the 929 00:43:23,440 --> 00:43:25,520 hope of capitalism back to everyone. 930 00:43:26,840 --> 00:43:29,000 Wow. Well, those are some great last 931 00:43:29,000 --> 00:43:29,440 words. Yat. 932 00:43:29,440 --> 00:43:31,960 So thank you so much for for coming this morning. 933 00:43:32,240 --> 00:43:35,280 Always always happy to to to give you guys a platform with 934 00:43:35,280 --> 00:43:37,680 this you're building you know I think Open Campus and Tiny tap 935 00:43:37,680 --> 00:43:40,000 and what Animoca's funding in terms of education is very 936 00:43:40,000 --> 00:43:42,920 important and honestly it was great just selfishly to hear it 937 00:43:43,040 --> 00:43:45,160 hear and and be able to understand more about it. 938 00:43:45,160 --> 00:43:47,160 So thank you so much for coming this morning, Yat and glad we 939 00:43:47,160 --> 00:43:49,960 made it happen despite the troubles again. 940 00:43:50,360 --> 00:43:52,080 Hope you have a wonderful new year. 941 00:43:53,360 --> 00:43:55,480 You too. Happy New Year, and thank you 942 00:43:55,480 --> 00:43:56,680 for having me. Thank you very much. 943 00:43:57,000 --> 00:43:57,440 Thank you. Yat. 944 00:43:57,720 --> 00:43:59,880 See ya. All right. 945 00:43:59,880 --> 00:44:02,760 Well, that that was a different start for the show this week, 946 00:44:03,000 --> 00:44:05,560 but it was a great one and it was a it was a great 947 00:44:05,560 --> 00:44:07,560 conversation. I mean, OV Mando. 948 00:44:07,760 --> 00:44:10,960 That was a lot of fun and and and lot of. 949 00:44:10,960 --> 00:44:13,600 Fun that one. Yeah, love having, love having 950 00:44:13,600 --> 00:44:16,240 yet on OV. I'm glad to see that you moved 951 00:44:16,240 --> 00:44:18,880 apartments and it's seemingly your Wi-Fi still hasn't gotten 952 00:44:18,880 --> 00:44:20,560 better. But how? 953 00:44:20,840 --> 00:44:22,080 How is it? Is it still? 954 00:44:22,360 --> 00:44:24,680 Is it still? Lagging for you right now? 955 00:44:25,680 --> 00:44:27,720 No, I'm just playing with you. It's working fine. 956 00:44:27,720 --> 00:44:29,280 It's working fine. Why don't we, why don't we do 957 00:44:29,280 --> 00:44:31,440 this? So I know we started late. 958 00:44:31,440 --> 00:44:33,560 Why don't we go maybe a little quick little market report? 959 00:44:33,560 --> 00:44:35,480 Because it does look like we're getting Shabbat candles. 960 00:44:35,480 --> 00:44:37,920 And you know, I like my Shabbat candles. 961 00:44:38,440 --> 00:44:40,120 You know, I like my Shabbat candles. 962 00:44:40,120 --> 00:44:41,920 Are they back? It looks like they may be back. 963 00:44:41,920 --> 00:44:44,480 So I'm going to kick it to one of Y'all in a second for market 964 00:44:44,480 --> 00:44:46,680 report, then click through NFTS and then look. 965 00:44:47,280 --> 00:44:49,160 We have $1000 to give to someone in the audience. 966 00:44:49,160 --> 00:44:50,640 All you have to do is retweet the Twitter spaces. 967 00:44:50,640 --> 00:44:52,840 It's pinned at the top. It's also at the bottom right 968 00:44:52,840 --> 00:44:56,200 purple box, drop AGM, follow a robot, follow FOMO hour and 969 00:44:56,200 --> 00:44:58,080 retweet the space and you may win 1000. 970 00:44:58,080 --> 00:45:01,840 But also the two loot box guys from from Tuesday. 971 00:45:02,160 --> 00:45:04,720 I hope y'all are here because I fixed the loot boxes. 972 00:45:05,360 --> 00:45:09,920 I've been maintaining them. Now there is now a 99.95% chance 973 00:45:10,080 --> 00:45:13,760 of winning an NFT. So I fixed that and we're going 974 00:45:13,760 --> 00:45:16,720 to get you guys on again, but quickly, quickly, quickly. 975 00:45:16,720 --> 00:45:19,240 Why don't we talk markets ahead of this weekend. 976 00:45:19,240 --> 00:45:21,040 Coming up, man, though what? What came in? 977 00:45:21,040 --> 00:45:24,160 TLDR man, I would you know, listen, you even saw me. 978 00:45:24,160 --> 00:45:28,680 I did the ghost of capo after going through OV somehow like 979 00:45:28,680 --> 00:45:32,200 tickled me inside, tried to sway me that we were going to go 980 00:45:32,200 --> 00:45:35,240 towards the 30 KS. It looks like bears once again 981 00:45:35,240 --> 00:45:38,920 in shambles obliterated crying back in the mother's basements. 982 00:45:39,120 --> 00:45:41,480 What's happening in the market? Looks like we're pumping, baby. 983 00:45:43,120 --> 00:45:43,840 Yeah. We're pumping and. 984 00:45:45,080 --> 00:45:46,040 Oh, we can't. Shit. 985 00:45:46,160 --> 00:45:49,000 Bitcoin again? You hear him? 986 00:45:49,720 --> 00:45:51,840 I can hear him, but he's out of sync. 987 00:45:52,440 --> 00:45:56,680 Like, big time and far, dude. Today is like the the day of the 988 00:45:56,680 --> 00:46:00,400 nothing working. This is the day we hear you, but 989 00:46:00,400 --> 00:46:03,680 you're out of sync and you're low shit. 990 00:46:03,800 --> 00:46:07,960 Well, Ovi, Yeah, Just break the market down for me. 991 00:46:09,720 --> 00:46:14,040 Yeah, I mean look if things are fucking off to the races right 992 00:46:14,040 --> 00:46:18,800 now the S&P 500 is above 5000 for the first time ever we're at 993 00:46:19,320 --> 00:46:23,600 once again new all time highs. NASDAQ is is quickly approaching 994 00:46:23,600 --> 00:46:28,720 18K interest rates have been stable it's it's pretty you know 995 00:46:29,040 --> 00:46:34,040 we're we're obviously seeing a large crypto rally today with 996 00:46:34,040 --> 00:46:38,000 Bitcoin hitting north of 47 K and and Neath hitting 997 00:46:38,240 --> 00:46:41,560 momentarily hitting 2500. But just want to say like the 998 00:46:41,600 --> 00:46:45,680 under performance of crypto versus stocks in the last 18 999 00:46:45,680 --> 00:46:50,360 months is still incredible. We are at new all time highs in 1000 00:46:50,360 --> 00:46:54,120 stocks and we keep hitting new all time highs every single day 1001 00:46:54,560 --> 00:47:00,000 and Crane crypto was still 50 to 60% off all time highs. 1002 00:47:00,000 --> 00:47:03,520 So the under, I know we're all excited about crypto this year 1003 00:47:03,520 --> 00:47:06,280 because we're finally seeing some price action and things are 1004 00:47:06,280 --> 00:47:08,840 moving and people are making some good money on altcoins and 1005 00:47:08,840 --> 00:47:13,600 stuff out there, but we're still, you know a big big 1006 00:47:13,600 --> 00:47:17,200 magnitude off where we would be have we been tracking stocks 1007 00:47:17,960 --> 00:47:21,520 since the, you know the the crash in in in 2022. 1008 00:47:21,520 --> 00:47:25,000 So I think that's it. That kind of explains partially 1009 00:47:25,000 --> 00:47:26,520 the reason for this big crypto move. 1010 00:47:26,520 --> 00:47:30,080 I think some of the ETF data has been pretty strong as well, but 1011 00:47:30,080 --> 00:47:34,120 it really is a risk on rally right now across global markets. 1012 00:47:34,120 --> 00:47:38,800 And I just think with the way things are going with stocks 1013 00:47:38,800 --> 00:47:42,760 right now and this is post the big macro risk factor which was 1014 00:47:42,760 --> 00:47:45,000 the FOMC. So we've kind of digested that 1015 00:47:45,000 --> 00:47:46,840 now and we do have inflation next week. 1016 00:47:46,840 --> 00:47:49,640 But you know we'll see what comes with that number. 1017 00:47:49,640 --> 00:47:53,680 It does feel like markets want to keep rallying here and I just 1018 00:47:53,680 --> 00:47:56,000 think crypto has to catch up. I think Bitcoin has to catch up, 1019 00:47:56,840 --> 00:47:59,640 ETH has to catch up and and alts will catch up too. 1020 00:48:00,120 --> 00:48:02,520 And yeah, it's tough. It's tough. 1021 00:48:03,760 --> 00:48:05,960 Yeah, I know I've been a bit more conservative recently, but 1022 00:48:06,280 --> 00:48:09,880 with those GBTC outflows now normalizing and with there being 1023 00:48:09,880 --> 00:48:13,440 a really strong macro rally as well coinciding with this, it's 1024 00:48:13,440 --> 00:48:15,720 really tough not to be. Once again, very bullish on 1025 00:48:15,720 --> 00:48:18,800 crypto here because everything else around you is is performing 1026 00:48:18,800 --> 00:48:21,200 very well. Yeah, love to see that. 1027 00:48:21,200 --> 00:48:22,600 You're right. I was just showing I mean look 1028 00:48:22,600 --> 00:48:26,160 I'm not a big you know macro guy like you guys but I I also keep 1029 00:48:26,160 --> 00:48:28,640 reading that the the the crypt that the the stocks keep just 1030 00:48:28,640 --> 00:48:30,800 keep ripping high and higher. We talked about meta last week. 1031 00:48:31,160 --> 00:48:33,520 Obviously you see a bunch of the different stocks like on the 1032 00:48:33,520 --> 00:48:37,640 tech side that are just flying. So it's it's the American 1033 00:48:37,640 --> 00:48:40,880 economy is rolling right now but at least the stock market is. 1034 00:48:41,520 --> 00:48:44,800 And glad to see crypto I guess somewhat pin catch up here over 1035 00:48:44,800 --> 00:48:49,760 you right 'cause you're right it was not you know, you know go 1036 00:48:49,760 --> 00:48:51,360 under the the same way for a minute. 1037 00:48:51,360 --> 00:48:53,800 Mando, are you back with us? Let's test one more time. 1038 00:48:54,400 --> 00:48:56,800 Yeah, it's OK now. Yeah, it's better just hear 1039 00:48:56,800 --> 00:48:57,720 you're from afar. But it's OK. 1040 00:48:57,720 --> 00:48:59,800 We'll do what we have. So, Tommy what? 1041 00:49:00,200 --> 00:49:02,160 My. Yeah, I know, I know. 1042 00:49:02,200 --> 00:49:03,680 It's OK. It's one of those days. 1043 00:49:03,840 --> 00:49:05,600 It's one of those days. You know, it is what it is. 1044 00:49:05,600 --> 00:49:08,400 We still, we still delivered a fire interview with Yatsu. 1045 00:49:08,400 --> 00:49:10,920 So I'm not mad. And it's fried after all. 1046 00:49:10,920 --> 00:49:13,480 So it's chilling. Look, that's that on the market. 1047 00:49:13,480 --> 00:49:16,040 So you know what then unless there's like something crazy 1048 00:49:16,040 --> 00:49:17,680 that you really wanted to cover Mendo. 1049 00:49:17,680 --> 00:49:20,160 But I'm, I'm assuming you were probably going to go in and say 1050 00:49:20,160 --> 00:49:22,080 similar things. The only. 1051 00:49:22,640 --> 00:49:24,000 Thing happening right now is 4 O fours. 1052 00:49:24,000 --> 00:49:25,040 Yeah, people. Around. 1053 00:49:25,680 --> 00:49:28,880 With those and then and then it will like only said just like 1054 00:49:29,120 --> 00:49:32,200 everyone's getting really pulled up on these ETF inflows like 1055 00:49:32,200 --> 00:49:36,560 they are relentless as don't fade the ETF right like every 1056 00:49:36,560 --> 00:49:42,200 single day it's 100 million that that starts to really build up 1057 00:49:42,480 --> 00:49:44,600 so. You reckon, Do you reckon the 1058 00:49:44,600 --> 00:49:49,160 coin best coin desk, coin based desk or the Gemini desk just 1059 00:49:49,160 --> 00:49:50,760 there and they get this little like RFQS? 1060 00:49:50,760 --> 00:49:53,960 Thing of 100. K Bitcoin of 100K Bitcoin of 1061 00:49:53,960 --> 00:49:57,640 100K Bitcoin. Yeah, What we're referring to is 1062 00:49:57,640 --> 00:49:59,640 like when we're used to be traders, you used to get these 1063 00:49:59,640 --> 00:50:01,840 tickets just pop up on your screen when someone needs to buy 1064 00:50:01,840 --> 00:50:03,080 something and be like, oh, I want to buy this. 1065 00:50:03,480 --> 00:50:05,240 And with the ETS, it would be relentless. 1066 00:50:05,280 --> 00:50:08,320 It would just be like you couldn't even see other apps on 1067 00:50:08,320 --> 00:50:10,480 your screen because there'd be so many tickets coming in from 1068 00:50:10,480 --> 00:50:12,560 the ETFs. And I reckon that's what they're 1069 00:50:12,680 --> 00:50:14,800 they're facing right now. There'll be some ticketing 1070 00:50:14,800 --> 00:50:16,960 system where they're just getting pop up every two minutes 1071 00:50:16,960 --> 00:50:19,360 being like, yeah, I want to buy, I want to buy, I want to buy, I 1072 00:50:19,360 --> 00:50:25,000 want to buy. So I I don't know how you fade 1073 00:50:25,000 --> 00:50:29,280 Bitcoin like big Bitcoin right now there's big shorts at 50K 1074 00:50:29,280 --> 00:50:32,440 people are looking at. But then you know, you know, 1075 00:50:32,440 --> 00:50:35,400 maybe maybe this is the breakout you get there. 1076 00:50:35,400 --> 00:50:37,400 Maybe we hit 50K and we trace a little bit. 1077 00:50:37,400 --> 00:50:41,200 But those are just massive relentless inflows it feels 1078 00:50:41,200 --> 00:50:44,200 like. So I I just don't think you can 1079 00:50:44,200 --> 00:50:46,840 fade that people are getting very, very, very bulls. 1080 00:50:46,920 --> 00:50:50,400 Up also, I mean this is even better for ETH, right, because a 1081 00:50:50,400 --> 00:50:51,960 lot of people, you guys have been saying this on the show 1082 00:50:51,960 --> 00:50:56,240 too, like the if the ETFs get approved and if it's closer with 1083 00:50:56,240 --> 00:50:58,200 something, yeah, actually touched himself and I saw you 1084 00:50:58,200 --> 00:51:00,480 smirk there, you were listening for that part of that's for 1085 00:51:00,480 --> 00:51:03,640 sure. But that could be bullish for 1086 00:51:03,640 --> 00:51:04,800 that. But anyway, so it's very 1087 00:51:04,800 --> 00:51:06,120 exciting. We'll see what happens over the 1088 00:51:06,120 --> 00:51:10,120 weekend of course, and and and we'll get excited about that on 1089 00:51:10,120 --> 00:51:13,040 Monday. NFT wise some pullbacks across 1090 00:51:13,040 --> 00:51:16,960 the board when it comes to Bitcoin, the RCS went under .1, 1091 00:51:17,000 --> 00:51:20,920 they were to point 12/8. Yesterday went back to .0505 or 1092 00:51:20,920 --> 00:51:24,200 something .05 based on some comments like Casey made. 1093 00:51:24,720 --> 00:51:27,160 But you know that's that that seems to be a nothing burger. 1094 00:51:27,320 --> 00:51:30,640 Quantum Cats .26 that puppets even retraced a bit but seems 1095 00:51:30,640 --> 00:51:32,320 that everything's bouncing in this morning. 1096 00:51:32,600 --> 00:51:35,000 Love to see that ERC Four O 4 is of course getting all the 1097 00:51:35,000 --> 00:51:38,160 attention on the NFT front on ETH those collections are doing 1098 00:51:38,200 --> 00:51:40,120 really well and then Pandora is still pumping. 1099 00:51:40,680 --> 00:51:42,400 There's a lot of good stuff happening there of course some 1100 00:51:42,400 --> 00:51:44,640 good crypto punk sale. You absolutely love to see that 1101 00:51:45,200 --> 00:51:48,280 at all times. And then last but not least on 1102 00:51:48,280 --> 00:51:49,920 Solana. I mean Solana is a general has 1103 00:51:49,920 --> 00:51:54,240 seen has been like very very quiet on the meme coin and and 1104 00:51:54,240 --> 00:51:58,400 the and the NFT side since Jupiter but also you know a lot 1105 00:51:58,400 --> 00:52:00,200 of stuff happening on ETH right now with four O fours and 1106 00:52:00,200 --> 00:52:02,960 everything and Bitcoin like you know it's it's again like it's a 1107 00:52:02,960 --> 00:52:05,520 participants thing so people probably follow the money there 1108 00:52:05,680 --> 00:52:09,080 but Solana itself like the token is above one O 5 and seems to 1109 00:52:09,080 --> 00:52:12,280 have broken that that you know it was at one O21O3 mando that 1110 00:52:12,280 --> 00:52:14,920 it kept kind of being smashed back down at so I. 1111 00:52:16,040 --> 00:52:18,480 Think it's just Bitcoin, man? Like Bitcoin, dominance is 1112 00:52:18,480 --> 00:52:20,880 rising. Bitcoin is beating most altcoins 1113 00:52:20,880 --> 00:52:22,520 today, right? But that's. 1114 00:52:22,720 --> 00:52:24,520 Again, it's beating most all coins. 1115 00:52:24,800 --> 00:52:26,560 This reminds me of when Bitcoin went from let's. 1116 00:52:27,000 --> 00:52:33,600 Go. 26K to 35K all coins didn't move and a lot of people were 1117 00:52:33,680 --> 00:52:35,000 more annoying. If you bring up like Bitcoin 1118 00:52:35,000 --> 00:52:36,800 dominance, that's the real thing to look at here. 1119 00:52:37,080 --> 00:52:42,720 We went from about 50% to now breaking towards 54% I think 1120 00:52:42,800 --> 00:52:48,440 roughly. So yeah, that's the one and I 1121 00:52:48,440 --> 00:52:54,920 personally think that could be a a bit of a a move here like like 1122 00:52:54,920 --> 00:53:00,880 obviously you had that that dip a couple weeks ago, but now it 1123 00:53:00,880 --> 00:53:06,240 looks like we're breaking back towards the those highs and this 1124 00:53:06,240 --> 00:53:09,160 one feels strong, like this one feels very, very strong to me. 1125 00:53:09,160 --> 00:53:12,480 I think Bitcoin dominance, I would be unsurprised if that 1126 00:53:12,480 --> 00:53:16,600 heads heads towards 60% so and in that world. 1127 00:53:16,960 --> 00:53:19,560 You think? If you buy, a lot of people are 1128 00:53:19,560 --> 00:53:22,160 looking at some of the the Bitcoin alts again, which have 1129 00:53:22,160 --> 00:53:24,240 started to move. You started to see. 1130 00:53:25,160 --> 00:53:27,200 It's not that I don't think altcoins will move, but this 1131 00:53:27,200 --> 00:53:29,480 could be one of those periods where like everyone in altcoins 1132 00:53:29,480 --> 00:53:32,120 is sitting there going like. Fuck, I said. 1133 00:53:32,120 --> 00:53:35,400 Just. Bitcoin because it can be quite 1134 00:53:35,400 --> 00:53:35,760 painful.