1 00:00:00,440 --> 00:00:05,720 All right, good morning. Good morning, GMGM, everyone. 2 00:00:05,720 --> 00:00:08,680 It is another beautiful day to have a beautiful day. 3 00:00:08,680 --> 00:00:11,120 In fact, it is beautiful here in Chicago. 4 00:00:11,200 --> 00:00:16,040 Sun is shining 75°. It's an incredible summer day. 5 00:00:16,239 --> 00:00:18,960 Welcome to another episode of FOMO Hour. 6 00:00:18,960 --> 00:00:24,480 This is episode 189. Today is Wednesday August 28th 7 00:00:24,640 --> 00:00:28,480 2024444. No Froak today. 8 00:00:28,560 --> 00:00:32,200 That was my Froak impression. Enough of that, we've got Mando 9 00:00:32,200 --> 00:00:36,760 on with us here as always. Mando, Jim, how you doing? 10 00:00:37,480 --> 00:00:40,520 Jim, guys, how are you? Doing fantastic. 11 00:00:40,520 --> 00:00:43,240 I was just telling Logan I'm ready for school to get started. 12 00:00:43,240 --> 00:00:45,320 So my daughter is back in school, my son is not. 13 00:00:45,320 --> 00:00:47,800 He doesn't start till next week. So I've been running some daddy 14 00:00:47,800 --> 00:00:50,440 daycare every day after the show. 15 00:00:50,600 --> 00:00:54,760 It's been a lot of fun, but I am ready for his school to start 16 00:00:55,280 --> 00:00:59,640 next week and get back into the the fall routine and and lock in 17 00:00:59,680 --> 00:01:03,080 a little bit more as the the boys in the trenches like to 18 00:01:03,080 --> 00:01:05,760 say. Folks, you might recognize a new 19 00:01:05,760 --> 00:01:09,320 face if you're on the stream. He has been with us on FOMO hour 20 00:01:09,320 --> 00:01:13,080 once before. You may very well recognize him 21 00:01:13,080 --> 00:01:16,840 from the lucky lead spaces that we used to run every day after 22 00:01:16,840 --> 00:01:19,400 FOMO Hour together. Folks, we've got Logan Hitchcock 23 00:01:19,440 --> 00:01:23,120 on with us here. He is the editor in chief over 24 00:01:23,120 --> 00:01:25,400 at Lucky Trader. I'm not really sure there are 25 00:01:25,400 --> 00:01:29,160 many folks out there who have followed the NFT and or Web 3 26 00:01:29,160 --> 00:01:33,960 space closer than he has over the last 3-4 years. 27 00:01:33,960 --> 00:01:37,080 So excited to have him on. He's going to be pitching in for 28 00:01:37,080 --> 00:01:40,360 the next several shows while for Roque is out helping us with 29 00:01:40,360 --> 00:01:42,600 that NFT meme. Web 3 contents. 30 00:01:42,600 --> 00:01:45,920 Logan, Jim, how you doing? Hey, good my Tyler. 31 00:01:46,200 --> 00:01:47,600 I'm doing well. Excited to be here. 32 00:01:50,320 --> 00:01:53,560 Zodia. Yeah, cutting out a little bit. 33 00:01:55,120 --> 00:01:58,960 It was good back in the studio, so maybe sometimes the sun. 34 00:01:59,000 --> 00:02:03,240 Is when we go live. Try it again. 35 00:02:05,280 --> 00:02:08,039 How about you? It sounds like the same. 36 00:02:08,639 --> 00:02:10,440 Same. Yeah, maybe it'll even come 37 00:02:10,440 --> 00:02:11,920 back. Sometimes it, sometimes it. 38 00:02:12,000 --> 00:02:14,280 I mean, I've been in this position so many times. 39 00:02:14,400 --> 00:02:16,520 Sometimes in the third host, yeah, it gets hurt. 40 00:02:18,960 --> 00:02:22,720 Yes, maybe exit, try to get back in while we wait for Logan to do 41 00:02:22,720 --> 00:02:24,000 that. Folks, what are we talking about 42 00:02:24,000 --> 00:02:26,360 today? It was a busy day of news, so 43 00:02:26,360 --> 00:02:27,960 we're going to start with Mando's market report. 44 00:02:27,960 --> 00:02:33,480 As always, hopefully find out why is everything dipping then 45 00:02:33,840 --> 00:02:36,760 tunt telegram that it stopped producing blocks. 46 00:02:36,760 --> 00:02:39,400 It seems like no one even cared or or seemed to notice. 47 00:02:39,520 --> 00:02:42,960 We saw Robin Hood at Solana support sun pump flipped pump 48 00:02:42,960 --> 00:02:46,600 fun on the day. Much to Justin Sons delight. 49 00:02:46,920 --> 00:02:50,280 We got Donald Trump launching a new NFT collection. 50 00:02:50,520 --> 00:02:53,040 We got magic Keane launching their own pump fund for NFTS 51 00:02:53,040 --> 00:02:56,720 Machi is back with a pre sale and Pac-Man is endorsing this 52 00:02:56,720 --> 00:02:59,560 one. Plus, we will do our Arbitron 53 00:02:59,600 --> 00:03:03,600 update of the week and there's some juicy headlines in there. 54 00:03:03,600 --> 00:03:07,840 It's a solid dock. Very busy day of news yesterday. 55 00:03:07,840 --> 00:03:10,520 So we've got a lot to get into. So why don't we just get right 56 00:03:10,520 --> 00:03:12,280 into it? Amanda, let's kick it off with 57 00:03:12,280 --> 00:03:26,840 your market report. Can you dig it, GM everyone? 58 00:03:27,000 --> 00:03:29,160 So yeah, go on. What happened? 59 00:03:29,200 --> 00:03:31,880 We really fell out of bed. It felt like Bitcoin hit all the 60 00:03:31,880 --> 00:03:38,920 way down to 58 K yesterday. ETH, wow, ETH is just God 2400. 61 00:03:38,920 --> 00:03:42,320 It hit and then bounced and then salon, I think went down to like 62 00:03:42,320 --> 00:03:46,040 140 area 142 and then bounced, but not a great day. 63 00:03:46,600 --> 00:03:49,800 We've bounced a little bit, nothing sustainable, but we're 64 00:03:49,800 --> 00:03:54,640 just right back to that 60 K area that we've been hanging 65 00:03:54,640 --> 00:03:58,560 around for weeks now. Weeks basically since the start 66 00:03:58,560 --> 00:04:03,200 of the month and basically for the last six months. 67 00:04:03,600 --> 00:04:08,800 We were at 60 K on the 26th of February. 68 00:04:08,800 --> 00:04:10,720 We're we're at the same level again today. 69 00:04:10,720 --> 00:04:15,200 So haven't moved for six months guys, everyone not having a 70 00:04:15,200 --> 00:04:17,040 great time, but it is what it is. 71 00:04:17,680 --> 00:04:20,880 Bitcoin dominance continues to rise as she's gone up to 58, 72 00:04:21,600 --> 00:04:25,240 roughly 58% right now. So not not been great for a lot 73 00:04:25,240 --> 00:04:28,280 that altcoin season that people were calling for just just 74 00:04:28,280 --> 00:04:31,080 another false dawn it felt like which is kind of got a lot of 75 00:04:31,080 --> 00:04:36,320 people frustrated in terms of specific headlines like crypto 76 00:04:37,320 --> 00:04:39,040 sold off and stocks didn't really do much. 77 00:04:39,040 --> 00:04:43,080 Stocks were OK yesterday. We've got NVIDIA earnings today, 78 00:04:43,400 --> 00:04:45,560 which some people are saying like could cause a wobble in 79 00:04:45,560 --> 00:04:46,840 stock. So I don't know how crypto will 80 00:04:46,840 --> 00:04:52,360 react in that world, but yeah, we we have been the divergent 81 00:04:52,360 --> 00:04:55,680 between stocks and crypto has really grown since the start of 82 00:04:55,680 --> 00:05:00,240 this month. Stocks bounced basically back to 83 00:05:00,240 --> 00:05:02,520 unchanged. And crypto is still down a 84 00:05:02,520 --> 00:05:06,080 decent amount from where it from where it was like 70 K on on 85 00:05:06,080 --> 00:05:08,840 Bitcoin when they had that that dump earlier this month. 86 00:05:10,080 --> 00:05:13,520 So I think people are getting a little bit more frustrated about 87 00:05:13,520 --> 00:05:14,720 that too. Like, why haven't you got your 88 00:05:14,720 --> 00:05:17,520 money in tech stocks? I do think it will turn around, 89 00:05:17,520 --> 00:05:20,240 but people getting increasingly annoyed. 90 00:05:20,680 --> 00:05:22,960 In terms of Telegram, yeah, Telegram was still one of the 91 00:05:22,960 --> 00:05:24,880 main headlines. They did stop producing blocks. 92 00:05:24,880 --> 00:05:28,280 But there has seemingly been a lot more diplomatic pressure put 93 00:05:28,280 --> 00:05:30,560 on France. There was a headline out today 94 00:05:31,320 --> 00:05:36,360 that Macron had actually invited Durov, you know, which I thought 95 00:05:36,360 --> 00:05:39,720 was pretty funny. And then he gets arrested at the 96 00:05:39,720 --> 00:05:41,160 airport. Macron says he's got nothing to 97 00:05:41,160 --> 00:05:45,880 do with it. And then the UAE seemingly has 98 00:05:45,880 --> 00:05:51,920 cancelled a big order for fighter jets which which would 99 00:05:52,000 --> 00:05:56,280 be in billions of dollars or at least halted it until Jirov gets 100 00:05:57,400 --> 00:05:59,360 gets out of prison. So I haven't checked what the 101 00:05:59,360 --> 00:06:02,480 Poly market line saying today. Like surely his chance of going 102 00:06:02,560 --> 00:06:05,600 getting out has increased I would imagine since that 103 00:06:05,600 --> 00:06:08,160 headline. I was just looking at me. 104 00:06:09,080 --> 00:06:10,640 I guess it's one day less as well, right? 105 00:06:10,640 --> 00:06:12,640 Like so. Yeah, that's the problem. 106 00:06:12,960 --> 00:06:13,800 Is pretty. High. 107 00:06:15,320 --> 00:06:17,720 Why is this not on the? Oh that's I'm on the new page. 108 00:06:17,720 --> 00:06:20,440 Let me go to the home page. Oh wow, Telegram founder Durov 109 00:06:20,480 --> 00:06:21,600 released. Wow. 110 00:06:22,840 --> 00:06:24,160 Oh. I've just seen that it just. 111 00:06:24,280 --> 00:06:25,400 Happened. It's up to 94. 112 00:06:25,400 --> 00:06:26,280 Yeah. Wow. 113 00:06:26,280 --> 00:06:28,480 There. You go. 114 00:06:30,080 --> 00:06:33,640 Wow there there might be a free 4% for those who are following. 115 00:06:34,280 --> 00:06:36,520 It's only at 96 on now it's at 97%. 116 00:06:36,520 --> 00:06:38,760 You got to act fast. You can release. 117 00:06:39,640 --> 00:06:41,080 Man, huge news. I would. 118 00:06:41,760 --> 00:06:44,760 That is not what we expected. Yeah. 119 00:06:44,840 --> 00:06:47,360 See. Oh, now he's 1992. 120 00:06:48,040 --> 00:06:50,760 Are we sure? He says he's been released, but 121 00:06:50,760 --> 00:06:55,280 then I don't know if that means if he's out of custody, he could 122 00:06:55,280 --> 00:06:56,560 be still under house arrest, right? 123 00:06:57,080 --> 00:07:02,160 So it's now got the 50% chance, you know what I mean? 124 00:07:02,600 --> 00:07:04,080 Like I don't he might be released. 125 00:07:04,360 --> 00:07:06,360 Released from custody is quite a bit different than. 126 00:07:06,480 --> 00:07:08,960 Under House in terms of the bet, sure. 127 00:07:09,040 --> 00:07:10,200 I don't. Know what that means? 128 00:07:10,600 --> 00:07:12,120 But yeah, he's been released it looks like. 129 00:07:12,880 --> 00:07:16,040 So, so be careful betting this one folks, until we get more 130 00:07:16,120 --> 00:07:22,280 concrete news. But good news, I think in 131 00:07:22,280 --> 00:07:27,840 general, yeah, perhaps I I've been surprised with how Ton's 132 00:07:27,840 --> 00:07:33,760 been treated. It's at it's back at $5.70 with 133 00:07:33,760 --> 00:07:35,520 the the network went down for six hours. 134 00:07:36,160 --> 00:07:39,120 Well it went down because of the dogs meme coin. 135 00:07:39,160 --> 00:07:41,600 It wasn't to do with Jirav, it was to do with dogs. 136 00:07:42,880 --> 00:07:46,440 And so they had a pretty well known meme coin that was being 137 00:07:46,440 --> 00:07:50,520 released on Binance. And then I think when that got 138 00:07:50,520 --> 00:07:53,800 released, it then took down the the chain because they just got 139 00:07:53,800 --> 00:07:55,960 overloaded with transactions. So I think that's what it was 140 00:07:55,960 --> 00:07:57,280 really linked to. It wasn't actually linked to 141 00:07:57,280 --> 00:07:59,640 like Juror of being imprisoned in any way. 142 00:08:00,520 --> 00:08:02,800 But yeah, not a good look. Definitely not some good timing 143 00:08:02,800 --> 00:08:04,720 for the Tom blockchain for that to happen. 144 00:08:06,280 --> 00:08:07,920 But yeah, I think they're rounding on the back of that. 145 00:08:08,120 --> 00:08:11,280 I don't know. I mean, when it came out that 146 00:08:11,280 --> 00:08:13,240 Macron had had basically invited in. 147 00:08:14,560 --> 00:08:17,360 Doesn't look a good. That's enchantment, right? 148 00:08:18,120 --> 00:08:25,120 So pretty funny, yeah. And the $80 billion, eighty 149 00:08:25,120 --> 00:08:29,480 billion dollar, yeah, deal blocked from the UAE, seems like 150 00:08:29,520 --> 00:08:33,559 that's pretty big, pretty big. Not small. 151 00:08:36,280 --> 00:08:39,120 There was some news that he had, like he'd had his phone tapped 152 00:08:39,600 --> 00:08:42,840 by France and the UAE like together or something like that 153 00:08:42,840 --> 00:08:46,640 since 2017. Like I saw that headline out as 154 00:08:46,640 --> 00:08:48,600 well, which which I thought was interesting. 155 00:08:48,800 --> 00:08:53,200 Like this guy's been under investigation for a while, it 156 00:08:53,200 --> 00:08:53,840 seems. Yeah. 157 00:08:53,840 --> 00:08:59,800 Duro's phone hack in 2017. It says the joint operation code 158 00:08:59,800 --> 00:09:03,400 name Purple Music hacked Duro's phone due to the UA ES concern 159 00:09:03,400 --> 00:09:05,440 over the use of Telegram to recruit operatives and plan 160 00:09:05,440 --> 00:09:09,400 attacks. Durov was like, yeah, so it 161 00:09:09,400 --> 00:09:15,080 seems as though it seems as though he this may have been 162 00:09:15,080 --> 00:09:17,160 planned for like quite a long time, but it could be 163 00:09:17,160 --> 00:09:21,160 entrapment, you know, like the fact that he's if he if he was 164 00:09:21,160 --> 00:09:25,760 invited by Macron seemingly has already backfired. 165 00:09:25,760 --> 00:09:29,400 There was some some more like, let's say more macro headlines. 166 00:09:30,280 --> 00:09:34,120 It felt as though again, there was some talk about Iran about 167 00:09:34,120 --> 00:09:35,880 to attack Israel. So I didn't know if the sell off 168 00:09:35,880 --> 00:09:39,200 was maybe linked to that. the US said that and we've 169 00:09:39,560 --> 00:09:41,480 traditionally sold off a lot when that sort of stuff 170 00:09:41,480 --> 00:09:43,720 happened. So maybe maybe it was something 171 00:09:43,720 --> 00:09:46,880 to do with that. There was other than that, it 172 00:09:46,880 --> 00:09:49,840 was all kind of good stuff, if I'm honest. 173 00:09:50,280 --> 00:09:53,200 Like there's been a make a dowel rebrand, but that's not really 174 00:09:53,200 --> 00:09:56,560 market moving stuff. But there was there was some 175 00:09:56,560 --> 00:09:59,720 news the NASDAQ is going to be pitching now Bitcoin ETF. 176 00:09:59,720 --> 00:10:01,960 So I think Blackrocket, I pitched that before that could 177 00:10:01,960 --> 00:10:04,600 massively increase the volumes and activity going on in the 178 00:10:04,600 --> 00:10:07,040 Bitcoin ETF. Again, it was the first outflow 179 00:10:07,040 --> 00:10:09,880 in 12 days or 13 days from the Bitcoin ETF. 180 00:10:09,880 --> 00:10:16,200 It wasn't ginormous, but yeah, I was surprised. 181 00:10:16,200 --> 00:10:18,480 I woke up this morning, I was like, how what happened that we 182 00:10:18,480 --> 00:10:20,800 hit 58 K and it felt like a lot of people had that exact 183 00:10:20,800 --> 00:10:22,720 feeling. It was like crypto just sold off 184 00:10:22,720 --> 00:10:26,720 by itself and maybe we'll find out later. 185 00:10:27,040 --> 00:10:29,840 That's what made it so confusing, right, Is so I was 186 00:10:29,840 --> 00:10:31,880 checking stock futures and everything was basically 187 00:10:31,880 --> 00:10:36,280 unchanged. So it wasn't markets like across 188 00:10:36,280 --> 00:10:39,200 all markets, it was just crypto. And then I don't know if you saw 189 00:10:39,200 --> 00:10:40,320 this. So this is the headline. 190 00:10:40,320 --> 00:10:41,960 It's been circulating. We don't think we have all the 191 00:10:41,960 --> 00:10:48,840 details yet, but finance has blocked the crypto in some 192 00:10:48,840 --> 00:10:51,200 Palestinian accounts. The initial headline was they 193 00:10:51,200 --> 00:10:54,400 had blocked all Palestinian holders. 194 00:10:55,480 --> 00:11:00,480 They came out and clarified that it was users in Palestine tied 195 00:11:00,480 --> 00:11:05,000 to known terrorists and it is in line with their general AML anti 196 00:11:05,000 --> 00:11:08,480 money laundering policies. So we still know the full story, 197 00:11:08,480 --> 00:11:10,520 but that news was kind of breaking right when it was 198 00:11:10,520 --> 00:11:12,760 dipping. So I didn't know perhaps it was 199 00:11:12,760 --> 00:11:15,160 related to that. I'm not sure what that would 200 00:11:15,160 --> 00:11:21,400 cause a sell off like we saw. We also saw what Arc B had $100 201 00:11:21,400 --> 00:11:25,480 million in outflows yesterday, so that that killed the the the 202 00:11:25,760 --> 00:11:29,400 Bitcoin ETF streak. The, the sell off happened when 203 00:11:29,400 --> 00:11:32,480 the Bitcoin ETF flows were announced. 204 00:11:32,680 --> 00:11:35,720 So I think it was after that was announced then you had this this 205 00:11:35,720 --> 00:11:37,440 dip. So I assumed it was to do with 206 00:11:37,440 --> 00:11:40,000 that. I think the the the finance 207 00:11:40,680 --> 00:11:43,080 story that had come out yesterday morning, but then it 208 00:11:44,000 --> 00:11:46,680 had been resolved by later in the day and then seemingly came 209 00:11:46,680 --> 00:11:47,840 up again. So I don't really know. 210 00:11:48,800 --> 00:11:50,720 Yeah, that's going to be another one to watch. 211 00:11:50,720 --> 00:11:53,720 I saw it start to get some cheddar on the timeline. 212 00:11:54,040 --> 00:11:56,000 You know, Sir, we've talked about this. 213 00:11:56,000 --> 00:11:58,320 I think this is kind of your thesis. 214 00:11:58,320 --> 00:12:02,600 But Kaleo, he updated some of his predictions for one. 215 00:12:02,600 --> 00:12:05,360 So he, he, he, he walked back his Bitcoin dominance. 216 00:12:06,840 --> 00:12:09,480 His Bitcoin dominance had topped thesis. 217 00:12:09,480 --> 00:12:12,400 He walked that back and said, no, he was wrong on that. 218 00:12:12,400 --> 00:12:15,840 And then he also said, he drew out his chart saying slowly but 219 00:12:15,840 --> 00:12:19,200 surely closing in on the end of our time in the 50s, sixties. 220 00:12:19,200 --> 00:12:23,400 But basically he's saying we, we go up and down until November 221 00:12:23,880 --> 00:12:26,240 and and then up only after the election. 222 00:12:26,840 --> 00:12:30,120 So it it seems to be that that is becoming a maybe a little bit 223 00:12:30,120 --> 00:12:35,800 more consensus. But like October is historically 224 00:12:35,800 --> 00:12:38,600 a very green month for for crypto, for Bitcoin. 225 00:12:39,320 --> 00:12:42,600 So perhaps you know, we'll see it sooner than that. 226 00:12:43,400 --> 00:12:49,560 I think another macro headline here for crypto, Robin Hood has 227 00:12:49,560 --> 00:12:53,240 announced a deeper integration with Solana. 228 00:12:53,240 --> 00:12:56,480 So Robin Hood wallet added support for Solana. 229 00:12:56,480 --> 00:12:59,800 This means that any Solana tokens can be self custodied 230 00:12:59,800 --> 00:13:03,280 within the Robin Hood wallet. Plus you can now do sends 231 00:13:03,280 --> 00:13:06,520 receives of any token across the Solana blockchain. 232 00:13:07,480 --> 00:13:09,640 So I think that was somewhat big. 233 00:13:09,800 --> 00:13:13,920 You know, we'll see if the Robin Hood traders, you know, convert 234 00:13:13,920 --> 00:13:18,240 from yellow options to Solano meme coins here in droves. 235 00:13:18,600 --> 00:13:21,800 But perhaps that is opening I. Think they re added it right 236 00:13:21,800 --> 00:13:24,160 they they've gotten rid of it and then they re added it. 237 00:13:24,160 --> 00:13:28,200 It sounded like they got rid of it around like the SEC charges 238 00:13:28,200 --> 00:13:29,600 and I think they they re added it. 239 00:13:29,600 --> 00:13:31,920 So this was kind of like them walking back a decision they 240 00:13:32,000 --> 00:13:35,640 kind of made before. That's a good clarification and 241 00:13:35,640 --> 00:13:41,080 they they also what infamously sold everyone salon at like 16 242 00:13:41,680 --> 00:13:45,240 or or something. So perhaps some some salty 243 00:13:45,240 --> 00:13:47,160 traders. Take it off at the they take it 244 00:13:47,200 --> 00:13:49,000 off at a bad time. The other headline which is 245 00:13:49,000 --> 00:13:51,640 breaking right now is that the SEC is charged open C would call 246 00:13:51,640 --> 00:13:54,280 given open CA wells notice, which I think is now doing the 247 00:13:54,280 --> 00:13:58,000 rounds kind of half known. I think a lot of people had said 248 00:13:58,000 --> 00:14:00,640 this had already happened a while back, but it seems like we 249 00:14:00,640 --> 00:14:05,360 got information about it now. Yeah, I'm just seeing this. 250 00:14:05,360 --> 00:14:08,680 So this broke right before the show 17 minutes ago. 251 00:14:08,680 --> 00:14:12,440 Open CEO says Mt Marketplace received Wells notice. 252 00:14:12,440 --> 00:14:17,000 They're pledging $5,000,000 to help defend creators against the 253 00:14:17,000 --> 00:14:22,360 SECSEC threatening to sue us because they believe NFTS on our 254 00:14:22,360 --> 00:14:26,360 platform are security. So the SEC is calling NFTS on 255 00:14:26,360 --> 00:14:30,800 open sea securities. Devin Finzer, open CCEO. 256 00:14:30,800 --> 00:14:33,480 He's saying we're shocked to see we make such a sweeping move 257 00:14:33,480 --> 00:14:36,560 against creators and artists, but we're ready to stand up and 258 00:14:36,560 --> 00:14:38,920 to fight. I guess. 259 00:14:38,920 --> 00:14:40,800 So Mando, I guess. So you're saying there was some 260 00:14:40,800 --> 00:14:43,360 chatter about this? Like I, I hadn't heard anything. 261 00:14:44,960 --> 00:14:47,520 So did you? Do you have any other context or 262 00:14:48,120 --> 00:14:51,600 or info on your side about like when we heard? 263 00:14:52,320 --> 00:14:55,360 When we heard earlier in the year that a bunch of do you 264 00:14:55,400 --> 00:14:58,440 remember like there was a round that the SEC sent a bunch of 265 00:14:58,440 --> 00:15:01,440 Wells notices to tons of different companies in crypto 266 00:15:01,960 --> 00:15:03,960 and that we wouldn't know who they were. 267 00:15:04,600 --> 00:15:07,760 A. Lot of people mentioned Openc at 268 00:15:07,760 --> 00:15:11,120 that time, but I don't know this may this this may be when they 269 00:15:11,120 --> 00:15:13,400 go in public with it or maybe they just got it. 270 00:15:13,840 --> 00:15:16,240 It looks like that that Jiro of headline might be slightly 271 00:15:16,240 --> 00:15:18,720 different as well. Telegram founder and CEO Padwell 272 00:15:18,720 --> 00:15:21,840 Jiro has been released from police custody and is now being 273 00:15:21,840 --> 00:15:25,640 transferred to court. So I don't know if he's going to 274 00:15:25,640 --> 00:15:29,560 be charged and I don't know if that means he goes under house 275 00:15:29,560 --> 00:15:34,440 arrest or if he is that even him being released. 276 00:15:35,400 --> 00:15:38,000 I don't know what Pony Market's saying about that right now. 277 00:15:38,000 --> 00:15:44,280 It seems 77%, yeah, I don't know. 278 00:15:45,360 --> 00:15:47,440 Yeah, So back to this market. So it's bouncing all over the 279 00:15:47,440 --> 00:15:49,000 place. Logie pointed pointed this out 280 00:15:49,000 --> 00:15:50,920 for us. So trans, I'm in the fine print 281 00:15:50,960 --> 00:15:53,480 of the bet transporting Dura to another location of custody will 282 00:15:53,480 --> 00:15:59,600 not resolve TS if he's released from custody by resolution date 283 00:15:59,600 --> 00:16:04,000 but remains in house arrest, it will resolve yes. 284 00:16:04,680 --> 00:16:06,360 But but that's not where we're at right? 285 00:16:06,360 --> 00:16:08,880 So it sounds like so he's just going to to court. 286 00:16:08,880 --> 00:16:11,320 So I don't know. Is the no still the the live 287 00:16:11,840 --> 00:16:17,280 side of this? I, I, I would say no, Yeah, you, 288 00:16:17,400 --> 00:16:20,480 you talked very long. Is my audio better now or no? 289 00:16:21,160 --> 00:16:24,360 What? The heck, sorry. 290 00:16:29,600 --> 00:16:33,200 I don't know that feels like it could resolve to no to me like. 291 00:16:35,760 --> 00:16:38,360 Yeah, I kind of like the no side this. 292 00:16:40,840 --> 00:16:44,600 Yeah, it's back down to 70%. So it got as high as 93. 293 00:16:44,880 --> 00:16:45,880 Yeah. So you got to be careful. 294 00:16:45,880 --> 00:16:49,560 But in the the news when it comes up to, oh, it's 295 00:16:49,560 --> 00:16:51,440 plummeting. So back down to 64. 296 00:16:52,600 --> 00:16:55,600 It's definitely feels 5050 as a as an odd now I would I would 297 00:16:55,600 --> 00:17:01,400 about the no on that. So maybe this is a a good seg to 298 00:17:01,400 --> 00:17:06,480 another story that has a very interesting polymarket bet and 299 00:17:06,480 --> 00:17:12,800 that is Trump and it tease. So yesterday we got the we got 300 00:17:12,800 --> 00:17:16,440 the bombshell announcement from former President Donald Trump 301 00:17:16,440 --> 00:17:18,440 here. I'll I'll just play a clip from 302 00:17:18,440 --> 00:17:21,119 the the video that which was the announcement 303 00:17:45,600 --> 00:17:48,720 even beholding some bitcoins. That was my favorite my favorite 304 00:17:48,720 --> 00:17:54,360 part of the the video there. So this is I I've called it his 305 00:17:54,360 --> 00:17:56,520 third collection. I missed the mugshot edition. 306 00:17:56,520 --> 00:18:00,640 So this is actually Donald Trump's fourth major NFT 307 00:18:00,640 --> 00:18:04,960 collection drop. So for TLDR of the set, they are 308 00:18:04,960 --> 00:18:08,560 his digital trading cards just like his prior NFT collections. 309 00:18:08,560 --> 00:18:12,880 They're priced at $99 each. That's very interesting because 310 00:18:12,880 --> 00:18:18,080 the total supply could be up to 360,000 cards if there is enough 311 00:18:18,160 --> 00:18:20,280 demand. They're minted from his site 312 00:18:20,280 --> 00:18:22,960 directly. The cards will reside on 313 00:18:22,960 --> 00:18:25,400 Polygon. Secondary is closed. 314 00:18:25,400 --> 00:18:28,800 There is no transfer or additional resale until January 315 00:18:28,800 --> 00:18:32,880 31st, 2025. And these came with some big, 316 00:18:32,960 --> 00:18:37,520 big incentives. So buyers of 75 and or 250 of 317 00:18:37,520 --> 00:18:42,200 his cards got perks like dinner with Trump or a private cocktail 318 00:18:42,240 --> 00:18:49,000 reception that seemed to have caught the eye of a notable 319 00:18:49,280 --> 00:18:51,600 personality. Crypto Twitter being thread guy. 320 00:18:52,520 --> 00:18:55,560 So we we saw this kind of breakout live if you were on 321 00:18:55,640 --> 00:18:57,600 crypto Twitter. So we saw that the antique 322 00:18:57,600 --> 00:19:03,040 collection drop and then if if you Scroll down, you can see 323 00:19:03,040 --> 00:19:06,200 some of the the variety of incentives. 324 00:19:06,200 --> 00:19:09,560 So if you buy five cards, you get these gold branded Trump 325 00:19:09,560 --> 00:19:13,560 sneakers. Buy 99 cards, you get 2 pairs of 326 00:19:13,560 --> 00:19:15,440 sneakers who who wouldn't want an additional pair? 327 00:19:16,120 --> 00:19:19,480 15 you get a little bit more, but then where it gets juicier 328 00:19:19,480 --> 00:19:23,080 is at 75 or 250. So with 250 cards bought which 329 00:19:23,080 --> 00:19:27,280 is $25,000 roughly, you get 2 tickets to an Ultra VIP dinner 330 00:19:27,280 --> 00:19:31,640 with Trump and a friend. You get 2 VIP tickets for a 331 00:19:31,640 --> 00:19:35,280 cocktail hour with President Trump as well. 332 00:19:35,280 --> 00:19:39,160 So apparently again this caught thread guys. 333 00:19:39,640 --> 00:19:44,520 So he, he went in and bought this and now there is a live 334 00:19:45,480 --> 00:19:51,520 polymarket bet on will Thread Guy interview Trump before 335 00:19:52,000 --> 00:19:56,120 October of this year. So an important detail of this 336 00:19:56,120 --> 00:19:59,280 bet, the dinner I, I want to say is being held September 22nd. 337 00:19:59,280 --> 00:20:03,280 So the dinner will take place in this time frame. 338 00:20:04,280 --> 00:20:09,640 It's just a matter of will Thread guy be able to land the 339 00:20:09,640 --> 00:20:13,920 interview here? 18,000 bet I love it. 18,000 340 00:20:13,920 --> 00:20:14,880 bet. Well, it's going to be a lot 341 00:20:14,880 --> 00:20:16,560 more. I'm probably going to bet this 342 00:20:16,560 --> 00:20:20,240 after the show. So so let's let's talk through 343 00:20:20,240 --> 00:20:25,240 it a little bit because this is a this is an interesting one. 344 00:20:25,520 --> 00:20:28,320 The market will resolve to yes if footage of Donald Trump 345 00:20:28,320 --> 00:20:32,480 answering at least one question asked by a third guy is released 346 00:20:32,480 --> 00:20:34,840 by September 30th. Otherwise resolves to no. 347 00:20:34,840 --> 00:20:39,040 So that opens this up to a lot of different possibilities. 348 00:20:39,040 --> 00:20:42,720 So this is not a sit down 90 minute podcast with Trump. 349 00:20:42,720 --> 00:20:47,040 Like in fact, Malcolm D guys was able to pull this off at just a 350 00:20:47,040 --> 00:20:50,440 Trump rally by asking him a question on film and getting a 351 00:20:50,440 --> 00:20:55,360 Trump response. So that this bet to me kind of 352 00:20:55,360 --> 00:20:58,120 comes down to a is third guy going to be in the room? 353 00:20:58,120 --> 00:21:01,640 It seems like yes, if he's telling the truth and I don't 354 00:21:01,640 --> 00:21:05,600 think he's lying about it. Me, it's going to come down to 355 00:21:05,720 --> 00:21:10,280 are they going to allow cameras? If if they allow video inside 356 00:21:10,280 --> 00:21:14,200 this room, I think he's a favorite to to get one question 357 00:21:14,200 --> 00:21:17,280 answered. If he's got a private dinner and 358 00:21:17,280 --> 00:21:20,480 a private cocktail hour with with Trump. 359 00:21:20,520 --> 00:21:23,160 What are you thinking? Should we be looking at yes on 360 00:21:23,160 --> 00:21:24,320 this? The market doesn't love it yet. 361 00:21:25,080 --> 00:21:29,200 I bet yes on this, Yeah, for sure. 8:00 to 1:00, not a ton of 362 00:21:29,200 --> 00:21:31,480 liquidity. So every $200.00 is basically 363 00:21:31,480 --> 00:21:37,400 moving this up a percent here. So this is going to be a line 364 00:21:37,400 --> 00:21:42,680 that's going to take some time to to get much action into the 365 00:21:42,760 --> 00:21:45,360 the trump cards themselves. Any were you surprised to see 366 00:21:45,360 --> 00:21:48,320 him launch another antique collection mid campaign? 367 00:21:48,920 --> 00:21:51,720 No, not at all. That seems that seems very 368 00:21:51,720 --> 00:21:55,600 standard for Trump. He's going to make 35,000,000. 369 00:21:55,600 --> 00:21:59,400 I saw that if it if it goes through, right, Like why not? 370 00:22:00,840 --> 00:22:03,800 You know, he's, he's bullish for Bitcoin, right? 371 00:22:03,800 --> 00:22:07,880 Like if you're plus some Bitcoin, you want to you want 372 00:22:07,880 --> 00:22:11,640 to, you know, go after your man, then feels like this is going to 373 00:22:11,920 --> 00:22:16,320 this is this might mint out. That was going to be my question 374 00:22:16,320 --> 00:22:19,040 is how many of these do you think will mint? 375 00:22:19,040 --> 00:22:22,720 So as of this morning when I checked, we had about 17,000. 376 00:22:22,720 --> 00:22:26,960 So, so minting has slowed down. It looks like we're right around 377 00:22:27,320 --> 00:22:30,240 17,400. That means about about 300 have 378 00:22:30,240 --> 00:22:32,760 minted in the last two to three hours. 379 00:22:33,600 --> 00:22:39,240 How many is it total? 360,000 total can be minted, but 380 00:22:39,440 --> 00:22:43,880 I believe they will likely cut the cut the mint at some point. 381 00:22:44,320 --> 00:22:45,680 Yeah, there's no way this mints out. 382 00:22:48,080 --> 00:22:52,920 Have gotten to like 4546 thousand. 5% minted so far 383 00:22:53,040 --> 00:22:54,200 basically. Yeah. 384 00:22:54,200 --> 00:22:59,600 So he's already made 1.7 million though, like even just 5%. 385 00:23:00,920 --> 00:23:08,040 He's made 1.7 million on the on the collection already 917 386 00:23:08,040 --> 00:23:12,280 owners have minted 17,000. So, so we're basically talking 387 00:23:12,280 --> 00:23:17,480 about the average is 200 MTS per per wallet if I'm doing the back 388 00:23:17,480 --> 00:23:20,760 of the napkin math right here. So I guess everyone's kind of 389 00:23:20,800 --> 00:23:24,400 going for the dinner almost or there's a lot of folks pursuing 390 00:23:24,400 --> 00:23:26,280 the dinner. So maybe third guy will have 391 00:23:26,280 --> 00:23:30,760 some competition. Logie, are are you back with us? 392 00:23:31,000 --> 00:23:35,440 Have you had a chance to or any reactions to the the the Trump 393 00:23:36,080 --> 00:23:38,600 in a tea collection drop? Well, I'm going to try. 394 00:23:38,600 --> 00:23:40,160 Can you hear me? Yeah, much better. 395 00:23:40,960 --> 00:23:44,000 OK, sorry, Sorry about that. I just ditched the mic for right 396 00:23:44,000 --> 00:23:45,920 now. Wild. 397 00:23:47,000 --> 00:23:50,040 All I can say really regarding Trump, I'm sorry I didn't catch 398 00:23:50,040 --> 00:23:52,240 any of what you folks would have said about it. 399 00:23:52,240 --> 00:23:56,400 So try to repeat, but sorry, go ahead. 400 00:23:56,400 --> 00:23:57,120 Where are you? Going to leave. 401 00:23:57,120 --> 00:23:59,640 We walked through the we walked through the thread guy interview 402 00:24:00,960 --> 00:24:04,680 as well as just the basics of the the NFT collection itself. 403 00:24:04,680 --> 00:24:06,920 Perhaps we'll get your thoughts. Are you, are you going long on 404 00:24:07,160 --> 00:24:09,160 or yes on thread guy landing this interview? 405 00:24:09,160 --> 00:24:13,160 What do you think? Yeah, my initial reaction was no 406 00:24:13,160 --> 00:24:18,400 way, but given some of the terms here, just recording Trump 407 00:24:18,400 --> 00:24:22,800 answering one question. I mean, the other D Gods member, 408 00:24:22,800 --> 00:24:25,160 right, That kicked off all that stuff from earlier this summer 409 00:24:25,160 --> 00:24:26,840 that that would have resolved to, yes. 410 00:24:27,280 --> 00:24:32,080 Correct. So in that instance, I mean, I 411 00:24:32,080 --> 00:24:34,160 feel like, you know, I like Fred guy. 412 00:24:34,160 --> 00:24:36,560 I feel like this is this is something that he's going to 413 00:24:36,880 --> 00:24:39,680 kind of put on his back a little bit having this market out there 414 00:24:41,000 --> 00:24:43,040 and he he's going to find a way to get it resolved. 415 00:24:43,040 --> 00:24:45,680 Yes, we know. Whatever it, whatever it takes. 416 00:24:46,480 --> 00:24:48,200 I think so too. It's going to end up being a 417 00:24:48,200 --> 00:24:53,520 nice $25,000 investment. Not cheap, not not a cheap buy, 418 00:24:54,160 --> 00:24:58,120 but if he lands it, probably well worth it. 419 00:24:59,400 --> 00:25:02,320 We, we got into NFTS. There's a lot of NFTS stories 420 00:25:02,920 --> 00:25:05,040 going around yesterday. So another big one was out of 421 00:25:05,040 --> 00:25:08,120 Magic Eden. I call it the pump fund for 422 00:25:08,120 --> 00:25:10,200 NFTS. It's not exactly that, but it's 423 00:25:10,200 --> 00:25:12,040 it's kind of that. So they launched this product, 424 00:25:12,240 --> 00:25:15,440 it's called Mint terminal. They're describing and 425 00:25:15,440 --> 00:25:18,200 effectively aggregated all the different types of minting 426 00:25:18,200 --> 00:25:21,840 platforms into their own terminal that they're calling 427 00:25:21,840 --> 00:25:24,360 near instant minting, as I understand it. 428 00:25:24,360 --> 00:25:26,480 I saw Wally posting about this as well. 429 00:25:27,320 --> 00:25:31,920 So if there are any primary mints happening, they will pull 430 00:25:31,920 --> 00:25:36,280 those in to their site. So you no longer have to worry 431 00:25:36,280 --> 00:25:38,840 about going to external mint sites. 432 00:25:38,840 --> 00:25:43,200 You can mint those NFTS directly through Magic Eden, which I kind 433 00:25:43,200 --> 00:25:44,640 of like, right? It feels like it. 434 00:25:44,640 --> 00:25:48,760 It removes, you know, a risk vector from the the calculation 435 00:25:48,760 --> 00:25:52,280 of minting new NFT projects. But Logan, curious for your 436 00:25:52,280 --> 00:25:54,520 reactions to this one. Is this what we needed? 437 00:25:55,120 --> 00:25:58,080 Do we need pump one for NFTS? I like this. 438 00:25:58,080 --> 00:25:59,840 I like this a lot. You know, it's a little bit 439 00:25:59,840 --> 00:26:02,160 different, as you mentioned, it's, it's more of an aggregator 440 00:26:02,160 --> 00:26:04,720 versus just a pure creation platform. 441 00:26:04,720 --> 00:26:07,560 But you know, one of the things I think was really great about 442 00:26:07,560 --> 00:26:11,720 Pump dot Fun is kind of like a democratization of access to 443 00:26:11,720 --> 00:26:14,920 meme coins for everybody. You know, like beforehand, he 444 00:26:14,920 --> 00:26:18,760 kind of had to be able to source them via random tweets or, you 445 00:26:18,760 --> 00:26:20,680 know, a person you happen to follow. 446 00:26:21,800 --> 00:26:24,640 This puts it all in one place, which I really really like. 447 00:26:25,400 --> 00:26:30,400 Right now access is what base Polygon ETH is that it? 448 00:26:30,680 --> 00:26:32,080 I believe so, yeah. Yeah. 449 00:26:32,120 --> 00:26:35,480 So I mean the mints, like I've been scrolling through the mints 450 00:26:35,480 --> 00:26:38,040 that are available, nothing's really jumping out of me, but 451 00:26:38,040 --> 00:26:40,680 that's, you know, not too dissimilar from the pumped up on 452 00:26:40,680 --> 00:26:44,000 experience thus far. Exactly. 453 00:26:44,000 --> 00:26:46,360 It's like, I don't think we're going to get to a world where 454 00:26:46,360 --> 00:26:51,120 we've got the the boys in the trenches minting dozens of NFTS 455 00:26:51,120 --> 00:26:53,880 per day. But I like the aggregate feature 456 00:26:55,280 --> 00:26:59,080 and I think they just they continue to build and ship. 457 00:26:59,080 --> 00:27:02,360 So it's bullish for Magic Eden ahead of their potential token 458 00:27:02,360 --> 00:27:05,800 launch, which is now one of the main events on. 459 00:27:06,200 --> 00:27:10,560 The Did you see Magic Eden? The ME token got out of the 460 00:27:10,560 --> 00:27:13,720 whales market this morning. Oh, I did not see that. 461 00:27:13,720 --> 00:27:15,960 So do we have? What's this thing trading at? 462 00:27:16,360 --> 00:27:18,720 When I looked this morning, maybe three or four hours ago, 463 00:27:18,720 --> 00:27:23,280 there was about $8000 of volume and I think it was at 0.1, so 464 00:27:23,280 --> 00:27:26,600 $0.10. Looks like maybe it's changed a 465 00:27:26,600 --> 00:27:30,400 bit since. 15 cents, $138,000 in volume. 466 00:27:30,920 --> 00:27:35,520 But we don't know what the conversion of any tokens to 467 00:27:35,520 --> 00:27:38,040 diamonds is in any capacity, right? 468 00:27:39,920 --> 00:27:41,600 Not that I'm aware of, no. Yeah. 469 00:27:42,160 --> 00:27:46,360 So I don't know if you're buying this token at what like what are 470 00:27:46,360 --> 00:27:48,680 your assumptions? I kind of always wondered that 471 00:27:49,320 --> 00:27:51,920 with some of these some of these pre markets. 472 00:27:51,960 --> 00:27:56,960 But exciting action nonetheless. We'll see how this token trades. 473 00:27:56,960 --> 00:28:00,040 Hopefully good news for those who are expecting hundreds of 474 00:28:00,040 --> 00:28:02,120 thousands or perhaps even millions of tokens. 475 00:28:02,480 --> 00:28:05,440 On yesterday's show, Jeeves surprised us with a punk's 476 00:28:05,440 --> 00:28:09,640 derivative. Meant we started the show with 477 00:28:09,640 --> 00:28:11,640 it. These this Peanuts collection, 478 00:28:12,440 --> 00:28:15,920 it ended up being the fourth highest NFT collection traded by 479 00:28:15,920 --> 00:28:20,360 volume yesterday. It meant it for point OO5, it 480 00:28:20,360 --> 00:28:24,520 was I think public and they tripled up there at point O 16. 481 00:28:24,520 --> 00:28:26,960 So. So no, not a huge gain by any 482 00:28:26,960 --> 00:28:32,280 means, but a little bit fun. Perhaps a sign that we are back 483 00:28:32,280 --> 00:28:36,240 that a derivative collection has at least been a winner here. 484 00:28:36,320 --> 00:28:38,320 Logan, curious, did you, did you mint these? 485 00:28:38,360 --> 00:28:40,800 Did you get any of the peanuts? I did not mint. 486 00:28:41,080 --> 00:28:44,040 I tuned in yesterday to watch you guys talking about this and 487 00:28:44,040 --> 00:28:48,000 had to do a double take. Fun. 488 00:28:48,000 --> 00:28:51,560 I guess I don't have a really strong opinion on them. 489 00:28:52,160 --> 00:28:56,560 I think this is say, higher effort than some of the Punk's 490 00:28:56,560 --> 00:28:59,520 derivatives we'd say, and it deserves maybe a check mark for 491 00:28:59,520 --> 00:29:01,320 that. But I'm not going to be, I don't 492 00:29:01,320 --> 00:29:04,520 think, adding peanuts to My Portfolio anytime soon. 493 00:29:05,720 --> 00:29:09,200 Man, I think you're on mute. Is that a 10X since we were 494 00:29:09,200 --> 00:29:12,120 looking at them? It's like a 2X. 495 00:29:13,360 --> 00:29:15,080 So they're like point O point OO7. 496 00:29:15,080 --> 00:29:18,280 We were talking about them. They hit like point O23X. 497 00:29:18,280 --> 00:29:22,840 Like this is a a sober reminder of where the NFT market is in 498 00:29:22,840 --> 00:29:27,440 August 2024 in the heyday. This is a collection that could 499 00:29:27,440 --> 00:29:33,080 have run into what, half an eighth, one eighth, maybe lost 500 00:29:33,080 --> 00:29:34,960 at the right time with the right momentum. 501 00:29:34,960 --> 00:29:39,080 So we're not there yet. But hey, at least to some 502 00:29:39,080 --> 00:29:43,640 positive action on the board. I couldn't believe how high it 503 00:29:43,640 --> 00:29:46,640 was this training comparative to everything else. 504 00:29:47,520 --> 00:29:50,800 So now it's down to 5th, but really only the four majors are 505 00:29:50,800 --> 00:29:53,720 are ahead of it in daily volume. Which is another reminder of you 506 00:29:53,720 --> 00:29:59,280 know, how low the daily training is on the ETH NFT leaders. 507 00:30:00,040 --> 00:30:01,960 But a fun one we'll continue to track. 508 00:30:01,960 --> 00:30:04,840 I'm not sure how much longer that story will go. 509 00:30:05,240 --> 00:30:09,600 Big news out of the PUPS token. So this is one close and dear to 510 00:30:09,600 --> 00:30:13,480 both Faroque and myself. Logan, maybe you as well. 511 00:30:13,720 --> 00:30:19,000 So PUPS, they are opening a new bridge to Solana. 512 00:30:19,000 --> 00:30:23,760 So PUPS had their first big parabolic run when they opened 513 00:30:23,760 --> 00:30:28,480 the bridge for the BRC 22 Solana that got Ansem in the door and 514 00:30:28,480 --> 00:30:32,240 then eventually Arthur Hayes token ran from, you know, 5 to 515 00:30:32,240 --> 00:30:38,160 10 million to to 900 million at peak is since round tripped all 516 00:30:38,160 --> 00:30:41,160 the way back to a thirty $40 million range. 517 00:30:41,360 --> 00:30:45,120 They've done the token split, which basically rendered the 518 00:30:45,120 --> 00:30:49,280 salon token untradable because it didn't go through the 100 to 519 00:30:49,280 --> 00:30:52,440 one conversion. My understanding of this bridge 520 00:30:52,440 --> 00:30:55,880 is it will allow you to do that. There's a migration component 521 00:30:56,440 --> 00:30:59,400 allowing folks to kind of do a backdoor conversion. 522 00:31:00,360 --> 00:31:07,840 So now that the PUPS token rune will be tradable on Solana once 523 00:31:07,840 --> 00:31:10,440 again. So Logan, maybe I'll toss this 524 00:31:10,440 --> 00:31:12,440 one to you as well. Is this, is this going to be 525 00:31:12,440 --> 00:31:16,800 enough to save PUPS after this save Mark? 526 00:31:16,800 --> 00:31:20,200 What? I'm not sure to save it, but 527 00:31:20,200 --> 00:31:21,360 it's a step in the right direction. 528 00:31:21,360 --> 00:31:24,440 This this essentially gets rid of the BRC 20, is that right? 529 00:31:25,280 --> 00:31:27,000 I think that's how I understand that. 530 00:31:27,040 --> 00:31:28,720 Or at least it makes it obsolete. 531 00:31:28,800 --> 00:31:32,280 I mean, not everybody's going to do it, but, you know, there's a 532 00:31:32,280 --> 00:31:36,240 lot of fragmentation here. A lot of, you know, just too 533 00:31:36,240 --> 00:31:38,440 many details, too many little things that people would need to 534 00:31:38,440 --> 00:31:41,040 do to be able to trade this effectively. 535 00:31:41,480 --> 00:31:44,720 So smart people did really well with the Arbs early in the day. 536 00:31:45,280 --> 00:31:48,120 But, you know, for your casual holder, PUPS holder like myself, 537 00:31:48,160 --> 00:31:51,240 you know, too many things, too many things going on. 538 00:31:51,400 --> 00:31:54,240 So yeah, I like this. Get to a more simplified version 539 00:31:54,240 --> 00:31:58,720 of PUPS and, you know, re establish sort of the, the 540 00:31:58,720 --> 00:32:01,840 narrative around the token, which I I think was lost for 541 00:32:01,840 --> 00:32:04,680 quite some time, this sort of like rabid community around 542 00:32:04,680 --> 00:32:07,560 PUPS. So hopefully that comes back up 543 00:32:07,560 --> 00:32:09,160 11%. I'm I'm happy with that. 544 00:32:09,960 --> 00:32:13,160 But let's make pups great again. What's the market cap now, pups? 545 00:32:13,760 --> 00:32:16,840 47 I think I saw. Yeah, 47 million. 546 00:32:18,360 --> 00:32:22,280 So I'm still up 50% on my initial buy at at a $30 million 547 00:32:22,280 --> 00:32:27,360 market cap, but down 80% from the the peak where I could have 548 00:32:27,360 --> 00:32:29,720 sold this thing. I've seen worse, I've seen 549 00:32:29,760 --> 00:32:33,240 worse. Bucket yes yield token down 99% 550 00:32:33,240 --> 00:32:36,320 and then down another 99%. Well, this is a good sig to 551 00:32:36,320 --> 00:32:38,520 another token. I know Mando you're going to 552 00:32:38,520 --> 00:32:41,160 jump in a few, but would love to get your thoughts on this one. 553 00:32:41,160 --> 00:32:44,880 So I laid out the bull thesis for the the this Machi token. 554 00:32:44,880 --> 00:32:50,240 So Machi, notorious crypto Twitter founder, influencer, I 555 00:32:50,240 --> 00:32:51,400 don't know what you want to call him. 556 00:32:51,400 --> 00:32:53,760 He's back. He's doing another pre sale. 557 00:32:54,160 --> 00:32:58,560 His last pre sale he raised something like $30 million that 558 00:32:58,560 --> 00:33:01,680 the token effectively speed run to 0. 559 00:33:01,680 --> 00:33:04,160 So you would think there wouldn't be a ton of appetite 560 00:33:04,520 --> 00:33:10,200 for this one, but you would in fact be wrong about that. 561 00:33:10,200 --> 00:33:14,320 So he introduced this new Machi token, literally his namesake. 562 00:33:15,040 --> 00:33:18,080 It's he's calling it the unrogable meme coin on blast. 563 00:33:18,080 --> 00:33:22,000 And that's because it's powered by baseline markets. 564 00:33:22,040 --> 00:33:25,680 Registration is starting soon. A few details, $5,000,000 cap, 4 565 00:33:25,680 --> 00:33:28,840 million to the LPA, million to leverage buybacks and burns, no 566 00:33:28,840 --> 00:33:32,120 team allocation. He lays out all the blast 567 00:33:32,120 --> 00:33:36,600 communities which will be eligible for the pre sale and 568 00:33:36,600 --> 00:33:40,040 then how to get into it. I think what really made this 569 00:33:40,040 --> 00:33:43,280 one interesting for me. I'll see if I've got the tweet, 570 00:33:44,560 --> 00:33:49,800 but Pac-Man, Pac-Man Blur effectively endorsed this one. 571 00:33:50,400 --> 00:33:54,240 I did not see that coming. Let me see if I yes. 572 00:33:54,280 --> 00:33:57,640 So here here's his tweet. He retweeted Machi and said Pump 573 00:33:57,640 --> 00:33:59,520 fun showed the power of innovating on token launch 574 00:33:59,520 --> 00:34:03,120 designs, baselines token launch mechanism extremely novel and 575 00:34:03,120 --> 00:34:07,480 I'm excited to see it in action. So he's effectively endorsing 576 00:34:07,920 --> 00:34:10,280 baseline markets more than he is Machi. 577 00:34:10,280 --> 00:34:16,520 But still, it seems like you could interpret this as an 578 00:34:16,520 --> 00:34:18,280 endorsement. I laid out my bull case. 579 00:34:18,679 --> 00:34:20,360 Mando, what do you think about this one? 580 00:34:20,639 --> 00:34:22,239 Are you going to? That was a dangerous tweet. 581 00:34:22,239 --> 00:34:25,719 I feel like from you, like you must have known when you hit 582 00:34:25,719 --> 00:34:27,800 send that you're going to get some blowback on that one. 583 00:34:28,920 --> 00:34:34,000 I saw it. I was like, I mean, if if Matt 584 00:34:34,000 --> 00:34:36,480 is going to launch another mean coin, this seems like the best 585 00:34:36,480 --> 00:34:42,000 way for him to do it. So maybe, I don't know, is this 586 00:34:42,000 --> 00:34:43,760 like the only meme coin now on blast? 587 00:34:45,760 --> 00:34:50,000 So Andy is still over on blast, but there's really not much. 588 00:34:50,199 --> 00:34:51,840 Let's let's take a look at the board. 589 00:34:52,360 --> 00:34:55,800 I think I've seen Pac-Man retweeting like the Pew Pew 590 00:34:55,800 --> 00:34:57,720 token again. Or maybe that's the blast 591 00:34:57,720 --> 00:35:00,880 account. Oh God, there there's nothing 592 00:35:00,880 --> 00:35:04,560 over 10. So Andy is down to 8 million, 593 00:35:05,960 --> 00:35:07,600 so. Maybe you do become the biggest 594 00:35:07,600 --> 00:35:10,160 meme coin on blast. No more. 595 00:35:12,640 --> 00:35:16,400 Yeah, well, I don't know. It feels so. 596 00:35:16,520 --> 00:35:19,640 To be clear, this would now mean 4 million ETH is just locked up 597 00:35:19,640 --> 00:35:21,800 forever. No one can ever touch it. 598 00:35:24,520 --> 00:35:27,400 I think so. I'm not super well versed in how 599 00:35:27,400 --> 00:35:29,800 the baseline markets work. I'm still trying to understand 600 00:35:29,800 --> 00:35:32,320 this. So how does Machi make money out 601 00:35:32,320 --> 00:35:34,400 of this? I don't I don't know if he is. 602 00:35:34,400 --> 00:35:36,240 I think he's probably just doing this for the fun. 603 00:35:36,240 --> 00:35:41,160 But like I also, I don't know if like descending 4 million E that 604 00:35:41,160 --> 00:35:42,760 no one can ever touch again as well. 605 00:35:42,760 --> 00:35:46,400 Is that is that good? Looks like East is going to have 606 00:35:46,400 --> 00:35:50,440 some more value over the the long term than whatever this is 607 00:35:50,640 --> 00:35:53,680 so. Yeah, you know what I mean. 608 00:35:54,560 --> 00:35:57,600 That's why my first thought when I saw this was like fuck we're 609 00:35:57,600 --> 00:35:59,760 just going to be. It's like they did this for NFTS 610 00:35:59,760 --> 00:36:01,600 for a bit right? What was the NFT thing that OV 611 00:36:01,600 --> 00:36:03,760 did? Blasts, whatever it was. 612 00:36:04,520 --> 00:36:06,240 Oh yeah? Oh, did you remember the name of 613 00:36:06,240 --> 00:36:09,040 the the Minting blaster? Blasted. 614 00:36:09,040 --> 00:36:12,720 Yeah, this was like blast a bit, but like, they burned the keys, 615 00:36:12,760 --> 00:36:15,600 so we just. Ethan's just stuck there forever 616 00:36:15,600 --> 00:36:17,280 now, like no one's ever going to get it off. 617 00:36:19,560 --> 00:36:23,280 Unless you just turn all the NFTS in right, then effectively 618 00:36:23,280 --> 00:36:25,360 everyone right? That was fine, though blasted. 619 00:36:25,360 --> 00:36:28,240 That's that's the way it worked. So if you turn in the NFTS, it's 620 00:36:28,240 --> 00:36:30,760 fine because it's all it was all like a it was a refundable. 621 00:36:31,360 --> 00:36:33,960 But this just feels like no one's someone's get there. 622 00:36:34,200 --> 00:36:40,160 That money's gone forever. That is, that is an interesting 623 00:36:40,160 --> 00:36:41,800 twist for this. I don't want to come out like 624 00:36:41,800 --> 00:36:43,880 I'm pitching this and I have no way tied to this. 625 00:36:43,880 --> 00:36:47,160 So I caught some comments on that in the replies. 626 00:36:47,240 --> 00:36:52,040 Not not a shock. It felt like it's a highly 627 00:36:52,040 --> 00:36:57,400 liquid coin in blast ecosystem and the downside was perhaps 628 00:36:57,400 --> 00:37:01,920 somewhat capped, which is what made this one potentially stand 629 00:37:01,920 --> 00:37:04,320 out. So we we will see not an 630 00:37:04,320 --> 00:37:10,080 advertisement in any way but. Actually it's a good question. 631 00:37:10,080 --> 00:37:12,080 Like how much? How much? 632 00:37:12,760 --> 00:37:15,960 Like solar is now just like locked up forever in pumped up 633 00:37:15,960 --> 00:37:18,520 fun coins, right? Because they burn their LP's 634 00:37:18,520 --> 00:37:20,320 too, but they're they're generally much smaller. 635 00:37:20,800 --> 00:37:25,640 Like remember when the RTR coin went the the Burn LP was like 636 00:37:25,640 --> 00:37:28,360 crazy and I was like, oh, OK, well they must be serious 637 00:37:28,360 --> 00:37:31,280 because, you know, someone put in serious money into that into 638 00:37:31,280 --> 00:37:33,480 that LP that's also lost forever. 639 00:37:34,280 --> 00:37:39,120 But yeah, I didn't know. Maybe there is just like a 640 00:37:39,120 --> 00:37:43,200 fucking ton of Solana and eat now which essentially never 641 00:37:43,200 --> 00:37:47,120 getting out so. Bullish I suppose. 642 00:37:47,880 --> 00:37:51,240 Less, less overhang. Logie, are you buying the Machi 643 00:37:51,240 --> 00:37:55,160 Pruso? Man, I'm almost embarrassed to 644 00:37:55,160 --> 00:38:01,240 say that I'm interested. Yeah, the irony here in naming 645 00:38:01,240 --> 00:38:05,880 it Machi unruggable meme coin. I mean, I don't know. 646 00:38:06,480 --> 00:38:09,840 It is interesting like that. You know, that meme from I think 647 00:38:09,840 --> 00:38:13,200 you should leave that I said it was interesting or I thought it 648 00:38:13,200 --> 00:38:15,640 was interesting. That's that's where I'm at here. 649 00:38:15,640 --> 00:38:17,000 You know, I was reading more about baseline. 650 00:38:17,000 --> 00:38:20,040 If you remember their yes token, I think it's like probably the 651 00:38:20,040 --> 00:38:21,880 highest market cap token on blast. 652 00:38:21,880 --> 00:38:22,640 It's up there. Yeah. 653 00:38:23,320 --> 00:38:25,200 It's the one that came out. I was just reading. 654 00:38:25,200 --> 00:38:26,360 I mean 100. And 75. 655 00:38:28,000 --> 00:38:30,760 Yeah, So it says, I'll read this very quickly. 656 00:38:30,920 --> 00:38:33,160 Baseline eliminates the need for traditional market makers. 657 00:38:33,160 --> 00:38:36,720 Since the token controls its own market making operations, it can 658 00:38:36,720 --> 00:38:39,800 maintain a unique liquidity structure that helps facilitate 659 00:38:40,000 --> 00:38:43,560 positive price development. I, you know, I'm not the 660 00:38:43,560 --> 00:38:47,600 tokenomic expert nor technical one, so can't comment too deeply 661 00:38:47,600 --> 00:38:49,800 here, but it seems like that's what's being deployed here with 662 00:38:49,800 --> 00:38:53,800 the Machi stuff as well. Facilitate positive price 663 00:38:53,800 --> 00:38:55,600 development. I like reading that. 664 00:38:57,440 --> 00:38:59,840 So we'll see. I'm, I'm interested. 665 00:39:00,400 --> 00:39:03,840 This would not be something I'm like, you know, putting my full 666 00:39:03,840 --> 00:39:08,160 weight behind for the unruggable nature of the of the coin. 667 00:39:09,120 --> 00:39:12,680 Yeah, well, very fair. I'm sure we'll report back on it 668 00:39:12,680 --> 00:39:15,400 once this is live. Well, that's a pretty good 669 00:39:15,400 --> 00:39:18,760 roundup of the the big stories from the day. 670 00:39:18,760 --> 00:39:21,400 I'm sure we'll follow up more deeply tomorrow on the open sea 671 00:39:21,400 --> 00:39:24,800 Wells notice as more info there circulates. 672 00:39:24,800 --> 00:39:27,600 I want to get into our arbitral update. 673 00:39:27,680 --> 00:39:29,320 We've typically been doing this on Mondays. 674 00:39:29,320 --> 00:39:33,080 We did them on, we're doing it on Wednesday here this week for 675 00:39:33,080 --> 00:39:37,640 for starters, folks, money has just been moving one way for 676 00:39:37,640 --> 00:39:39,480 regarding Arbitrum and that's it. 677 00:39:39,960 --> 00:39:45,080 No outflows for the entire year. I didn't really realize this 678 00:39:45,080 --> 00:39:48,280 until I saw this tweet from OX Matt. 679 00:39:48,280 --> 00:39:51,120 And they're averaging $415,000,000 per month. 680 00:39:51,960 --> 00:39:55,880 So certainly bullish for Arbitron. 681 00:39:56,240 --> 00:39:58,480 And we've been talking about some of the reasons why. 682 00:39:58,480 --> 00:40:01,680 I've been talking about their orbit chain tech and how that's 683 00:40:01,680 --> 00:40:04,880 being used. And now we've got a pretty 684 00:40:04,880 --> 00:40:07,880 interesting new use case here from. 685 00:40:08,400 --> 00:40:14,680 Corn, so corn is the first ETH L2 using Bitcoin as its gas 686 00:40:14,680 --> 00:40:17,840 token. So it calls itself the Super 687 00:40:17,840 --> 00:40:21,120 yield network. They have just announced a large 688 00:40:21,120 --> 00:40:27,560 seed raise $6.7 million here from Polychain, Cap Finance and 689 00:40:27,560 --> 00:40:30,520 more. So the way it works Bitcoin in 690 00:40:30,560 --> 00:40:36,320 is the hybrid gas token here. It's backed 1 to one by Bitcoin. 691 00:40:36,560 --> 00:40:40,520 The key difference is it's not to a single custodian. 692 00:40:41,120 --> 00:40:45,520 They're the tokenomics seem to be inspired by Curve tokenomics. 693 00:40:45,520 --> 00:40:49,400 So for anyone who recognizes that back from the D5 days and 694 00:40:49,400 --> 00:40:54,840 of course still around the the yield comes in two ways. 695 00:40:54,840 --> 00:40:59,600 Let me see if I can Scroll down here. 2 core tokens Bitcoin in 696 00:40:59,600 --> 00:41:03,640 is the hybrid gas token that is generated via network fees and 697 00:41:03,640 --> 00:41:08,160 then corn is generated via native network emissions and 698 00:41:08,160 --> 00:41:12,480 then corn stickers get to decide where that yield goes and it 699 00:41:12,480 --> 00:41:15,840 seems like it is kicking off here soon. 700 00:41:16,280 --> 00:41:19,720 So this is a very interesting when you go into this thread 701 00:41:20,080 --> 00:41:24,360 here from the corn team either handle use under score corn to 702 00:41:24,360 --> 00:41:26,400 learn more. They've got a nice diagram here 703 00:41:26,400 --> 00:41:29,240 of that the corn crop circle, so you can learn more about how 704 00:41:29,240 --> 00:41:33,840 that yield actually works. OK yeah. 705 00:41:33,840 --> 00:41:36,960 Curious if you had a chance to dive into this one at all. 706 00:41:36,960 --> 00:41:39,920 Did were you ever around? Did you mess around in the curve 707 00:41:39,920 --> 00:41:43,840 defy ecosystem and or does this jump out to you at? 708 00:41:43,840 --> 00:41:48,400 All maybe a little bit, but nothing, nothing extensive. 709 00:41:48,400 --> 00:41:51,400 This this is really interesting. I mean, a notable raise, of 710 00:41:51,400 --> 00:41:53,280 course, right? By like notable investors. 711 00:41:53,520 --> 00:41:56,120 That's always a good sign. Doesn't mean everything, but a 712 00:41:56,120 --> 00:42:00,320 great sign and you know, just giving people more ways to 713 00:42:00,320 --> 00:42:04,000 utilize Bitcoin, which I think we've been yearning for, right 714 00:42:05,000 --> 00:42:08,120 with Ordinals rooms. I mean, advancements in in every 715 00:42:08,120 --> 00:42:10,800 way imaginable in the last year or so. 716 00:42:10,800 --> 00:42:14,160 And I think, you know, just further unlocking what you can 717 00:42:14,160 --> 00:42:16,040 do with your Bitcoin. You know, like the Bitcoin that 718 00:42:16,040 --> 00:42:18,160 I have doesn't really do anything. 719 00:42:18,280 --> 00:42:21,760 This provides an opportunity to gain yield from that Bitcoin 720 00:42:21,760 --> 00:42:23,280 that's not really doing anything. 721 00:42:23,400 --> 00:42:27,120 So super interesting. Great to see like a a team that, 722 00:42:27,160 --> 00:42:29,640 you know, has raised notable money from notable investors, 723 00:42:29,640 --> 00:42:31,160 signaling some sort of confidence. 724 00:42:31,160 --> 00:42:33,320 I'm, you know, definitely keen to learn more. 725 00:42:33,520 --> 00:42:36,400 I think also Tyler is there. There's like an AirDrop tied to 726 00:42:36,400 --> 00:42:38,040 this. Was I reading that at the bottom 727 00:42:38,040 --> 00:42:40,240 of this thread? Oh, interesting. 728 00:42:40,240 --> 00:42:43,000 I'm making that up. If if so, I may have missed 729 00:42:43,000 --> 00:42:45,040 that. Maybe I'm making it up. 730 00:42:45,120 --> 00:42:48,320 I hope I'm not. You you might be, so we'll have 731 00:42:48,360 --> 00:42:49,560 to I'm. Sorry. 732 00:42:50,200 --> 00:42:53,120 Oh wait now just details for our pre main net AirDrop set your 733 00:42:53,120 --> 00:42:56,240 reminder for the live kickoff event where they laid out the 734 00:42:56,240 --> 00:42:58,800 details. So I I did miss the the kickoff 735 00:42:58,880 --> 00:43:02,120 event that took place last week, so we'll have to dig in and find 736 00:43:02,120 --> 00:43:04,320 out more about how that AirDrop works. 737 00:43:04,320 --> 00:43:05,920 But you're right, it comes an interesting time. 738 00:43:05,920 --> 00:43:10,680 I think more casual crypto Twitter users, folks who are on 739 00:43:10,680 --> 00:43:14,440 the timeline have been dabbling in ordinals and ruins. 740 00:43:14,440 --> 00:43:17,880 So some more folks have kind of spare Bitcoin to play with an 741 00:43:17,880 --> 00:43:20,600 interesting potential use case here. 742 00:43:20,600 --> 00:43:22,600 And of course that the Arbitrum tie in. 743 00:43:22,600 --> 00:43:27,040 It's their orbit chain tech being used to power this. 744 00:43:27,440 --> 00:43:29,840 We got another interesting story and Logan, I think you're you 745 00:43:29,840 --> 00:43:34,080 perhaps are a closer to this one than I am. 746 00:43:34,080 --> 00:43:37,880 But Eva Gotche, I think a lot of folks know that that name, that 747 00:43:37,880 --> 00:43:41,960 game that introduced guys to new L3 built using the Arbitrum 748 00:43:42,000 --> 00:43:45,760 Orbit act using base for settlement alchemy for their 749 00:43:45,760 --> 00:43:48,320 roll up partner. What do folks need to know about 750 00:43:48,320 --> 00:43:49,160 this? Yeah. 751 00:43:49,160 --> 00:43:51,600 So this is cool. This is, as you mentioned, using 752 00:43:51,600 --> 00:43:56,240 that orbit technology, looking to create sort of a members only 753 00:43:56,240 --> 00:44:00,000 exclusive type chain for gaming. We know gaming is a you know, 754 00:44:00,000 --> 00:44:02,800 massive potential on border. I think many people still stand 755 00:44:02,800 --> 00:44:07,040 convicted in that finding the right way to deploy it has you 756 00:44:07,040 --> 00:44:09,760 know, I don't think we found the the right successful answer 757 00:44:09,760 --> 00:44:12,160 formula just yet, and they're looking to go about things just 758 00:44:12,160 --> 00:44:15,000 a little bit differently. So kind of members only more 759 00:44:15,000 --> 00:44:18,960 exclusive looking to almost, I shouldn't say control who's 760 00:44:18,960 --> 00:44:22,120 using the change, but just isolate and and thrift out all 761 00:44:22,120 --> 00:44:25,320 those bots in the civil farmers that you know, things like 762 00:44:25,320 --> 00:44:28,280 perhaps no shade a ton, right, But like some of those 763 00:44:28,280 --> 00:44:32,840 blockchains have unfortunately notoriously garnered and removed 764 00:44:32,840 --> 00:44:34,800 potential rewards for real users. 765 00:44:34,800 --> 00:44:37,600 And so this is a really interesting thing it mentions in 766 00:44:37,600 --> 00:44:42,720 here, membership, right, is limited by design approach, 767 00:44:42,720 --> 00:44:46,280 mitigating unbounded Sybil invites are limited, benefiting 768 00:44:46,280 --> 00:44:49,320 real users. So I'm not exactly sure what the 769 00:44:49,320 --> 00:44:52,760 Do's nature is here. You know, there is a ghost 770 00:44:52,760 --> 00:44:55,520 token. This is going to be open. 771 00:44:55,520 --> 00:44:57,440 Of course, the chain is going to be open to other games, I'd 772 00:44:57,440 --> 00:45:00,120 imagine. But we'll see what the Do's are. 773 00:45:00,120 --> 00:45:02,480 I'm just really interested in, we're seeing a lot of these sort 774 00:45:02,480 --> 00:45:05,280 of like more creator, more apps specific, more niche chains. 775 00:45:05,280 --> 00:45:07,320 Of course, that's what this stuff enables. 776 00:45:08,080 --> 00:45:12,800 Interesting you know to deploy in this way and try to limit to 777 00:45:12,800 --> 00:45:16,560 real users which really difficult problem to solve. 778 00:45:17,120 --> 00:45:19,280 It feels like the opposite approach, right of of what we 779 00:45:19,320 --> 00:45:22,560 typically see for games where you just want to cast wide Nets, 780 00:45:22,560 --> 00:45:27,600 get as many players as possible, and then perhaps, you know, 781 00:45:27,600 --> 00:45:30,360 start to filter down more power users from there. 782 00:45:30,360 --> 00:45:33,040 They're kind of going the opposite way and starting with 783 00:45:33,040 --> 00:45:36,760 the core group. I'm seeing one of a gache equals 784 00:45:36,760 --> 00:45:40,000 one invite, so you're going to need one of these to 785 00:45:40,000 --> 00:45:42,600 participate. Yeah, and you can go actually, 786 00:45:42,680 --> 00:45:46,360 I'm sorry, Tyler, you can go right now and I think drop an 787 00:45:46,360 --> 00:45:48,800 e-mail and Mint commemorative NFT. 788 00:45:48,800 --> 00:45:51,800 The link I believe is present at the bottom of that thread that's 789 00:45:51,800 --> 00:45:54,720 sort of like gets you on the list to stay in tune with things 790 00:45:54,720 --> 00:45:58,640 when the Geist mainnet actually launches as well. 791 00:45:58,640 --> 00:46:01,840 So if you're curious or want to know more, you can you can head 792 00:46:01,840 --> 00:46:03,720 there. But I think it's really cool. 793 00:46:03,720 --> 00:46:05,760 I mean, we've talked about the Country Club model. 794 00:46:05,760 --> 00:46:08,800 I mean, those words have been uttered a lot in this space. 795 00:46:09,680 --> 00:46:12,600 You know, it's worked in certain ways with NFTS in particular. 796 00:46:12,600 --> 00:46:14,880 It hasn't necessarily. Worked for block. 797 00:46:14,880 --> 00:46:17,840 Chains right like that that hasn't been necessarily 798 00:46:18,120 --> 00:46:20,560 attempted yet. So this is a really ambitious, 799 00:46:20,800 --> 00:46:23,320 but also a really interesting and hopefully successful, 800 00:46:24,560 --> 00:46:27,240 whether it be proof of concept or you know, full rollout will 801 00:46:27,240 --> 00:46:29,360 be really, really cool. Interesting model. 802 00:46:29,360 --> 00:46:31,800 It's got base support, it's got Alchemy support, it's got 803 00:46:31,800 --> 00:46:35,920 Arbitrum support players plugged in for sure. 804 00:46:35,920 --> 00:46:37,720 It's going to be an interesting one to follow. 805 00:46:37,920 --> 00:46:41,040 We saw a couple other headlines. We won't spend as much time on 806 00:46:41,040 --> 00:46:46,440 these, but Senko, they've introduced a new game here. 807 00:46:47,240 --> 00:46:51,720 Welcome to Strong Buns Beach using that Arbitrum orbit chain 808 00:46:51,720 --> 00:46:57,000 tech and then apes and vapes. I I guess I I I miss exactly 809 00:46:57,000 --> 00:47:01,080 what this collab was for season one, but this is season 2 ape 810 00:47:01,080 --> 00:47:06,240 coin and babes and bored apes are collabing and the arbitrame 811 00:47:06,240 --> 00:47:10,760 chain powered arbitrame tech powered in this one as well. 812 00:47:11,720 --> 00:47:14,960 So Barbara Trump, they just, they keep cooking over there. 813 00:47:14,960 --> 00:47:18,600 Every week we've got more and more to talk about from them. 814 00:47:18,640 --> 00:47:21,880 So I'm sure we'll have even more to talk about in next week's 815 00:47:21,920 --> 00:47:23,240 update. Go check out any of these 816 00:47:23,240 --> 00:47:26,880 projects if you are interested. But folks think that's it. 817 00:47:26,880 --> 00:47:29,040 That's going to be our show for today. 818 00:47:29,040 --> 00:47:32,920 Thanks for tuning in to another episode of FOMO Hour. 819 00:47:32,920 --> 00:47:36,480 We will be back tomorrow to recap the NVIDIA earnings. 820 00:47:36,760 --> 00:47:39,680 Hopefully cryptos higher by then, who knows, Expect some 821 00:47:39,680 --> 00:47:43,400 volatility after hours today when those earnings release, 822 00:47:43,720 --> 00:47:47,160 we'll hopefully dig in more to this open sea wells notice story 823 00:47:47,480 --> 00:47:49,200 and everything that breaks here today. 824 00:47:49,200 --> 00:47:51,680 Folks, have a great Wednesday. Go make it a beautiful day. 825 00:47:52,080 --> 00:47:52,280 Goodbye.