1 00:00:00,240 --> 00:00:02,850 Yo-yo, yo-yo, yo, what up? What up? 2 00:00:02,860 --> 00:00:10,290 Good morning. Good morning G MG See Monday, 3 00:00:10,300 --> 00:00:14,590 September 25th, 2023. Look at that. 4 00:00:14,680 --> 00:00:21,770 Another beautiful day to have a beautiful hold on day. 5 00:00:21,840 --> 00:00:25,130 I got my cost in the house. I got a little too high there. 6 00:00:27,630 --> 00:00:32,350 Cowley, Cowley still with us. I got some business that you're 7 00:00:32,360 --> 00:00:38,970 not off the hook. 80% Mr 043 over the weekend you need my 8 00:00:38,980 --> 00:00:42,090 ass. You're 0% anyways mental. 9 00:00:42,180 --> 00:00:45,040 How you doing? Today said that weekend I'm 10 00:00:45,050 --> 00:00:48,310 going to the after Mando How are you doing? 11 00:00:48,380 --> 00:00:50,490 How are you doing? How was your weekend? 12 00:00:52,010 --> 00:00:53,600 It was amazing. It was amazing. 13 00:00:53,610 --> 00:00:56,160 Me and Charlie are actually going to Madeira on Wednesday, 14 00:00:56,170 --> 00:01:00,960 so I've just been. Yeah, a little trip, little 15 00:01:00,970 --> 00:01:04,269 business trip to Madeira. So yeah, just gonna enjoy Lisbon 16 00:01:04,280 --> 00:01:06,100 for next couple of days. I like that. 17 00:01:06,150 --> 00:01:10,380 I like the little the sound of a little business trip to Madeira. 18 00:01:10,390 --> 00:01:16,290 I'll be in another. We know you know how those are. 19 00:01:16,300 --> 00:01:19,550 But you know it's like the James Bond films exactly. 20 00:01:19,610 --> 00:01:24,490 You know, it's I'll be also in another you know, business trip 21 00:01:24,900 --> 00:01:29,690 in an M&A Marbella. So it's not quite my Dara from 22 00:01:29,700 --> 00:01:32,370 Thursday, right. So you guys will be there, I'll 23 00:01:32,380 --> 00:01:33,770 be right. We'll be close to each other, 24 00:01:33,780 --> 00:01:36,610 you know. So I'll be right there. 25 00:01:37,330 --> 00:01:38,720 Yeah, it was basically a bunch of us. 26 00:01:38,730 --> 00:01:39,660 I'm excited. To look out. 27 00:01:39,670 --> 00:01:42,430 Keep on the lookout. Yeah, it was just I was talking 28 00:01:42,440 --> 00:01:43,920 to locks. He's gonna be joining me there 29 00:01:43,970 --> 00:01:47,760 on as well, so it should be fun. But now my second co-host today, 30 00:01:47,830 --> 00:01:53,200 Plan E AKA Mr makes me by his friend Tech on the show last 31 00:01:53,210 --> 00:01:56,500 Friday, tells me he's 80%. And Mando, you're not off the 32 00:01:56,510 --> 00:01:59,400 hook because you tapped him up like ohh I thought you 80% ohh 33 00:01:59,410 --> 00:02:04,160 yeah yeah 8080. First of all, I'm sorry. 34 00:02:04,170 --> 00:02:05,690 I trust. I trust in Binley. 35 00:02:05,700 --> 00:02:09,110 Not only do I fly from the entire blockchain sees I bought 36 00:02:09,120 --> 00:02:10,440 his French. I give him a shout out on the 37 00:02:10,449 --> 00:02:13,380 show. I put $1000 on whatever stupid 38 00:02:13,390 --> 00:02:17,250 fuckhead team I put it on. They lost Chile, right? 39 00:02:17,390 --> 00:02:18,560 Argentina. Get the. 40 00:02:18,570 --> 00:02:21,620 Job. And then the next day he gives 41 00:02:21,630 --> 00:02:24,960 me, he gives me some other bet that I actually decided to fade 42 00:02:25,030 --> 00:02:28,160 and he lost it. And the day after he goes all in 43 00:02:28,170 --> 00:02:31,710 on Australia and Australia gets plummeted, They get destroyed, 44 00:02:31,720 --> 00:02:34,840 somebody get trampled, they get by whales. 45 00:02:34,950 --> 00:02:37,920 The only human being I've ever heard of from Wales is Gareth 46 00:02:37,930 --> 00:02:40,140 Bale and he's and he. Lost. 47 00:02:40,150 --> 00:02:41,860 He's good. He's too. 48 00:02:41,930 --> 00:02:45,300 He's great at golf now, but. Heard of Mean Reversion that 49 00:02:45,310 --> 00:02:47,200 this weekend was freaking mean Reversion. 50 00:02:48,660 --> 00:02:51,270 Listen well I'll follow you into the next weekend if John Kelly. 51 00:02:51,280 --> 00:02:55,020 But Kelly, how was how was your weekend despite right shit here. 52 00:02:57,080 --> 00:02:58,270 How does the weekend? Fine. 53 00:02:58,280 --> 00:03:01,480 You know, just catching up on stuff, going out, touching 54 00:03:01,490 --> 00:03:04,000 grass, always watching my apprenticeship. 55 00:03:04,010 --> 00:03:06,100 I actually bought. You know who's you know who's 56 00:03:06,110 --> 00:03:10,270 friend Tech key I bought is Billy McFarland, the Fire 57 00:03:10,280 --> 00:03:13,150 Festival guy. What's going on in that chat? 58 00:03:14,730 --> 00:03:18,480 He's giving away free hats. I was like, dude, like, I was 59 00:03:18,490 --> 00:03:22,820 like, you're giving me VIP tickets, festival free hat. 60 00:03:23,310 --> 00:03:27,280 And then I was talking to him. I was talking to him about the 61 00:03:27,290 --> 00:03:29,970 broad, the firefest, the Broadway musicals coming out. 62 00:03:29,980 --> 00:03:32,690 Apparently that's the alpha from the. 63 00:03:33,600 --> 00:03:35,560 Off Broadway, doesn't it? That doesn't feel like on 64 00:03:35,570 --> 00:03:39,520 Broadway. Yeah, it's fascinating. 65 00:03:39,590 --> 00:03:41,920 That was funny. And then, yeah, just watched the 66 00:03:41,930 --> 00:03:46,350 kind of Rugby World Cup mean reversion my my entire life. 67 00:03:48,250 --> 00:03:49,480 Really terrible. Better. 68 00:03:49,650 --> 00:03:52,410 But that's not why that is not true. 69 00:03:54,590 --> 00:03:57,690 We were on the. That's how you doing? 70 00:03:58,370 --> 00:03:59,640 Oh. Oh, no. 71 00:03:59,650 --> 00:04:04,730 Yeah. Represent example and I can know 72 00:04:04,740 --> 00:04:07,280 that when that's when a gambler is full of shit, like when he 73 00:04:07,290 --> 00:04:13,540 goes. To I was like 8 years behind on 74 00:04:13,550 --> 00:04:17,740 my tax returns. So I had to ask e-mail bet 365 75 00:04:17,750 --> 00:04:20,370 and say please could you send me a breakdown of every bet I've 76 00:04:20,380 --> 00:04:23,810 ever done? And so I have the data and I'm 77 00:04:23,820 --> 00:04:26,450 up. So if anybody wants the data. 78 00:04:28,800 --> 00:04:32,430 For a certain country which will and a three letter agency which 79 00:04:32,500 --> 00:04:37,610 will remain nameless, then yeah, but I'm up to date now and I'm 80 00:04:37,620 --> 00:04:43,410 not no longer a citizen, so. So yeah, but I but I know for a 81 00:04:43,420 --> 00:04:46,000 fact that I'm up. Unlike everybody else who thinks 82 00:04:46,010 --> 00:04:47,760 they're up. I've actually had the 83 00:04:47,820 --> 00:04:50,190 depressingly go through the stats anyway. 84 00:04:50,240 --> 00:04:52,310 Whenever we've come back together, we've lost. 85 00:04:53,210 --> 00:04:55,120 Well, maybe. Maybe you're the bad luck. 86 00:04:55,890 --> 00:04:59,340 Well everybody gamble responsibly or don't gamble if 87 00:04:59,350 --> 00:05:02,120 you're under the age of 21 in America and under the age of 18 88 00:05:02,130 --> 00:05:04,160 probably somewhere where everywhere in Europe there's 89 00:05:04,170 --> 00:05:06,640 your disclaimer. But anyways, so we have we have 90 00:05:06,650 --> 00:05:08,320 quite a show today obviously it was the weekend. 91 00:05:08,330 --> 00:05:10,630 So we always recap you know sort of going through market what's 92 00:05:10,640 --> 00:05:13,090 happening and you know Amanda I'm curious to see how you feel 93 00:05:13,100 --> 00:05:16,560 going into the weekend because you know next month is the fall 94 00:05:16,570 --> 00:05:21,630 but also up tober and I'm excited for that so so maybe 95 00:05:21,640 --> 00:05:23,370 we'll we'll we'll get something from there. 96 00:05:23,440 --> 00:05:26,640 So Stephen market top five today top five top five Ohh there's 97 00:05:26,650 --> 00:05:29,510 that Drake like top five top we should use that for our future 98 00:05:29,520 --> 00:05:33,060 Jingle for the top five. Anyways JP Morgan I saw that too 99 00:05:33,070 --> 00:05:36,180 actually the other day you're funding OK when talking about 100 00:05:36,190 --> 00:05:39,930 that she's crypto care about China property CS goat trading 101 00:05:39,980 --> 00:05:42,590 on the blockchain has got it got it. 102 00:05:42,600 --> 00:05:43,920 I like that three you posted the other day. 103 00:05:43,930 --> 00:05:46,920 I was like yes they don't realise it and it seems like our 104 00:05:46,930 --> 00:05:49,320 gaming contents you know doing pretty good on YouTube over the 105 00:05:49,330 --> 00:05:53,870 weekend so good job lads and and pudgy Penguins Brave New World 106 00:05:54,110 --> 00:05:56,980 pushes up on that news and that's coming up very soon this 107 00:05:56,990 --> 00:05:59,990 week just chatting with Luka to finalise the date I'm seeing 108 00:06:00,000 --> 00:06:01,960 with all these like the end of week travels to see if we can 109 00:06:01,970 --> 00:06:04,480 maybe have on Friday so could be a could be fun as well. 110 00:06:04,550 --> 00:06:07,420 And then last but not least friend tech you know mental tech 111 00:06:07,430 --> 00:06:10,260 hits a TH so we'll be talking about this as well. 112 00:06:10,270 --> 00:06:13,380 And last but not least we'll be joined by Stubbs artist this 113 00:06:13,390 --> 00:06:14,720 week for a quick little interview. 114 00:06:14,730 --> 00:06:17,240 At the end we'll sync. Computer Blood will be joining 115 00:06:17,250 --> 00:06:19,560 us to talk about the piece is dropping us, but anyways, 116 00:06:19,810 --> 00:06:22,810 anyways, anyways, Mando, without further ado, before we get top 117 00:06:22,820 --> 00:06:25,270 five, won't just, you know, tell us how is the housing markets 118 00:06:25,280 --> 00:06:26,630 feeling? How are you feeling with regards 119 00:06:26,640 --> 00:06:32,070 to to to everything right now? Yeah, look, we've gone a little 120 00:06:32,080 --> 00:06:33,670 bit lower. We've gone a little bit lower. 121 00:06:33,740 --> 00:06:36,610 Bitcoin E both down about 2% today. 122 00:06:38,070 --> 00:06:41,840 Nothing really that crazy like Friday was meant to be a a 123 00:06:41,850 --> 00:06:44,600 stronger day or it was while we were on the show stopped her up, 124 00:06:44,610 --> 00:06:47,600 they ended up flat, maybe even slightly lower this morning it's 125 00:06:47,610 --> 00:06:51,280 kind of been a bit of the same. The main thing has been oiled 126 00:06:51,290 --> 00:06:54,840 up, bond yields are up again even further just like hitting 127 00:06:54,850 --> 00:06:56,960 record highs and also the dollars up. 128 00:06:56,970 --> 00:06:59,540 So the dollars gotten a lot stronger over the last few 129 00:06:59,550 --> 00:07:02,200 weeks. I think it's a multi month high 130 00:07:02,210 --> 00:07:05,200 versus the Euro. Again, it's heading towards 131 00:07:05,210 --> 00:07:08,410 parity EUR and dollars at the moment and. 132 00:07:08,530 --> 00:07:11,090 That normally affects things like gold to gold is down and 133 00:07:11,100 --> 00:07:13,070 also things like digital gold like Bitcoin. 134 00:07:13,080 --> 00:07:16,090 So it might be part of that, just a stronger dollars dragged 135 00:07:16,100 --> 00:07:19,950 down drag down crypto. But yeah, it was, it was a 136 00:07:19,960 --> 00:07:22,870 relatively quiet and stable week and then we just kind of started 137 00:07:22,880 --> 00:07:25,170 selling off this morning when the dollar and yields started 138 00:07:25,180 --> 00:07:29,810 going a little bit higher. We're still holding above 626 K 139 00:07:29,920 --> 00:07:32,950 on Bitcoin. Remember we hit just below 25 K, 140 00:07:32,960 --> 00:07:36,530 which is the recent local lows, and E is holding up at 1575, 141 00:07:36,540 --> 00:07:40,910 which is just above where it was a 1520 ish, I think was its 142 00:07:40,920 --> 00:07:43,790 local lows. So we're still still above 143 00:07:43,800 --> 00:07:46,100 there, but yeah, it's been a bit shaky to start this morning. 144 00:07:47,280 --> 00:07:53,450 Yeah, it's dog has fun, comments are funny sometime on on 145 00:07:53,460 --> 00:07:54,080 YouTube. Anyways. 146 00:07:54,090 --> 00:07:55,800 Yeah, OK well I can see what happened this week. 147 00:07:55,810 --> 00:07:57,860 Do we have anything to to to look forward to this week? 148 00:07:57,870 --> 00:08:00,280 I know you said that with the government shutdown for October, 149 00:08:00,930 --> 00:08:03,580 but is there any other catalysts? 150 00:08:04,220 --> 00:08:05,960 You've got the government shutdown potentially. 151 00:08:05,970 --> 00:08:07,670 There's gonna be a lot of debate about that. 152 00:08:07,680 --> 00:08:10,630 I think it's most likely they will do some form of a shutdown. 153 00:08:12,180 --> 00:08:14,050 I think there's some people in the Republican Party who just 154 00:08:14,060 --> 00:08:16,200 want it to happen. Trump is like encouraging his 155 00:08:16,210 --> 00:08:19,600 supporters to to actually have a shutdown. 156 00:08:19,610 --> 00:08:22,820 So I think some of the people that are loyal to him will just 157 00:08:22,830 --> 00:08:25,830 won't budge. Then you have Gensler talking on 158 00:08:25,840 --> 00:08:27,640 Wednesday. He's going to get going in front 159 00:08:27,650 --> 00:08:31,680 of the Senate again. And I think Friday is the big 160 00:08:31,690 --> 00:08:33,840 day for data. You have some inflation data 161 00:08:33,850 --> 00:08:39,620 coming out from Europe and the EU then that's, that's it I 162 00:08:39,630 --> 00:08:44,490 think for data. And yeah, I guess the only other 163 00:08:44,500 --> 00:08:47,710 thing would be we might hear a little bit more about the ETF 164 00:08:47,720 --> 00:08:50,070 given it's meant to be coming next week. 165 00:08:50,140 --> 00:08:52,650 So that may be something we. Heard about? 166 00:08:53,140 --> 00:08:55,000 Well, perfect. All right, Well, that's a 167 00:08:55,010 --> 00:08:59,190 perfect, perfect segue. Actually, today's first topic of 168 00:08:59,200 --> 00:09:03,180 the day, which comes straight out of JP Morgan. 169 00:09:03,270 --> 00:09:06,210 I've so many links up right now. There it is. 170 00:09:06,840 --> 00:09:12,880 So so according to JP Morgan, Etherium Shanghai upgrade has 171 00:09:12,890 --> 00:09:16,580 been disappointing. Daily transactions, daily active 172 00:09:16,590 --> 00:09:20,360 addresses and total value locked in Ethereum have all fallen 173 00:09:20,430 --> 00:09:24,430 since the upgrade according to a report that sounds that sounds 174 00:09:24,440 --> 00:09:26,660 quite funny to me, but Amanda, why don't you break this down? 175 00:09:26,670 --> 00:09:28,890 Because you explain something about L1 and L2 I believe. 176 00:09:30,670 --> 00:09:36,050 Yeah, look, this is all true. I mean we you can see it like 177 00:09:36,060 --> 00:09:39,860 the number of transactions on E is down, the number of daily 178 00:09:39,870 --> 00:09:41,100 active addresses that and they're not. 179 00:09:41,110 --> 00:09:45,120 It's not down a lot, but it's part of the reason why the the 180 00:09:45,130 --> 00:09:49,840 merge hasn't really burnt like an insane amount of Etherium 181 00:09:49,850 --> 00:09:53,510 just because there's been less. Things happening on the on the 182 00:09:53,520 --> 00:09:58,450 L1 um. But but at the same time if 183 00:09:58,460 --> 00:10:01,360 that's not the whole ecosystem we're now looking the whole 184 00:10:01,370 --> 00:10:06,220 point of how ETH is meant to scale is via these L twos. 185 00:10:06,290 --> 00:10:08,480 And you even saw this week like money. 186 00:10:08,590 --> 00:10:12,540 TVR left Etherium this week and then gradually went on to mainly 187 00:10:12,550 --> 00:10:17,840 Arbitrium, but Arbitrium Optimism, Polygon and now Base. 188 00:10:18,160 --> 00:10:21,220 You have a huge amount of transactions and TVL had moved 189 00:10:21,230 --> 00:10:24,540 on to there. So it's it's it's a strange 190 00:10:24,550 --> 00:10:28,470 story right now because I think. Ethereum, the whole point of the 191 00:10:28,480 --> 00:10:33,130 merge and then subsequently this, this building out of UM. 192 00:10:34,270 --> 00:10:38,080 L twos and eventually sharding is meant to help Ethereum scale, 193 00:10:38,090 --> 00:10:41,780 but we just don't have that many people at the moment, so you end 194 00:10:41,790 --> 00:10:47,320 up with this weird system where? The actual fees being burned on 195 00:10:47,330 --> 00:10:52,150 the L1 are less like ETH has been inflationary for the last 196 00:10:52,400 --> 00:10:56,310 30 days because so many of the transactions have been been done 197 00:10:56,320 --> 00:11:00,720 on base and then now you have arbitrary and optimism both 198 00:11:00,730 --> 00:11:03,230 looking like they do another round of air drops or announcing 199 00:11:03,240 --> 00:11:04,720 they do another round of air. Drops. 200 00:11:04,760 --> 00:11:07,110 So you see more TDL move on to them. 201 00:11:07,120 --> 00:11:12,480 So Defy and the whole, I guess if you say things like fintech, 202 00:11:12,490 --> 00:11:15,290 it's a lot of the NFT community is right now. 203 00:11:15,360 --> 00:11:19,720 All of that is happening on L2S. And you have this weird 204 00:11:19,970 --> 00:11:23,640 competition almost right now, because I think the idea of to 205 00:11:23,650 --> 00:11:27,440 scale was that we'd have multiple L twos, it all be maxed 206 00:11:27,450 --> 00:11:31,700 out, and that all the L twos together would be burning, etc. 207 00:11:31,710 --> 00:11:33,770 And they do burn effect. If you go on to ultrasound 208 00:11:33,780 --> 00:11:36,730 money, you can see that the main burners are already. 209 00:11:37,710 --> 00:11:41,810 Yeah, I'll I'll ROL Twos. But it's still not enough at the 210 00:11:41,820 --> 00:11:47,220 moment to make it inflationary. So it's just a sign of, I don't 211 00:11:47,230 --> 00:11:49,720 know the infrastructure being built for a bull market. 212 00:11:49,730 --> 00:11:51,340 And right now we're in a bear market. 213 00:11:51,350 --> 00:11:55,570 So now this is more of a recent problem, like if you look in the 214 00:11:55,580 --> 00:12:01,120 last 365 days, I think Earth is still burnt about nought .2% 215 00:12:03,040 --> 00:12:06,700 since merge, so it's merge since 290,000 Eastburn. 216 00:12:07,390 --> 00:12:10,560 Yeah, so it's still burning, but it does show you that this 217 00:12:10,570 --> 00:12:13,970 whole. Recent period of France tech and 218 00:12:13,980 --> 00:12:17,650 then the the emergence of base plus other L twos is just meant 219 00:12:17,660 --> 00:12:19,780 that that we're in an inflationary environment. 220 00:12:19,790 --> 00:12:22,760 So there's quite a lot of food right now around a lot of people 221 00:12:22,770 --> 00:12:25,590 like it's the least number of transactions happening on Earth. 222 00:12:25,600 --> 00:12:30,900 It's the least number of. It's obviously it's the TVL is 223 00:12:30,910 --> 00:12:33,360 slightly decreased and then you have these. 224 00:12:34,020 --> 00:12:36,870 Being saying, ohh, the mergers failed, the merge itself has not 225 00:12:36,880 --> 00:12:38,750 failed. It's just that the L2 226 00:12:38,760 --> 00:12:42,150 infrastructure has has grown quicker I think even than most 227 00:12:42,160 --> 00:12:45,940 people expect it was going to be to keep on the ZK side and how 228 00:12:45,950 --> 00:12:48,920 that has meant. It's just that in a period where 229 00:12:48,930 --> 00:12:52,060 there are fewer people here, it has made the change slightly 230 00:12:52,070 --> 00:12:54,730 more inflationary. So I don't know how you guys 231 00:12:54,740 --> 00:12:58,870 feel about it, but I thought it was, yeah, it was all fair, but 232 00:12:58,880 --> 00:13:01,990 actually it's very easy to paint almost like a bullish narrative 233 00:13:02,000 --> 00:13:05,560 of why that's even happening. Yeah, it doesn't actually. 234 00:13:05,570 --> 00:13:09,030 Total number, if you include like the total number, we saw 235 00:13:09,040 --> 00:13:13,220 that valuation model recently which was ETH looks. 236 00:13:13,980 --> 00:13:16,870 Cheap on a valuation metric if you start accounting for the 237 00:13:16,880 --> 00:13:21,270 daily active users on the L2. So yeah Ethers in more people's 238 00:13:21,280 --> 00:13:25,450 hands arguably even, but it's just it's a bit more disparate 239 00:13:25,580 --> 00:13:28,150 and that makes can sometimes lead to quite a bearish 240 00:13:28,160 --> 00:13:29,550 narrative. Well, people can paint the 241 00:13:29,560 --> 00:13:33,700 various narratives right now. Does it, does it mean that like 242 00:13:33,740 --> 00:13:36,340 does a certain number of years and they're all just hopping 243 00:13:36,350 --> 00:13:40,320 between different L twos and is that what's going on here and is 244 00:13:40,330 --> 00:13:43,380 that going to continue to be the case or obviously we need to 245 00:13:43,390 --> 00:13:45,820 grow that, but do you think there is scope to grow it? 246 00:13:46,490 --> 00:13:53,020 I would say that if it was, if this was like 2 years ago, but a 247 00:13:53,030 --> 00:13:56,520 lot of the apps built on L twos are actually like consumer 248 00:13:56,530 --> 00:13:58,220 facing apps where they don't even know they're using 249 00:13:58,230 --> 00:13:59,990 blockchain. So you have like. 250 00:14:00,780 --> 00:14:02,940 Hundreds of thousands of people who sometimes using some of 251 00:14:02,950 --> 00:14:08,070 these logos and via apps that they are less aware that they 252 00:14:08,080 --> 00:14:13,360 are even using crypto. So yes and no. 253 00:14:13,370 --> 00:14:18,650 There's clearly a lot of, there's a lot of cannibalization 254 00:14:18,660 --> 00:14:22,270 there, like the same people just having wallets on multiple 255 00:14:22,280 --> 00:14:24,330 chains or having duplicate wallets. 256 00:14:24,340 --> 00:14:27,680 But the L2 infrastructure is meant to be built for consumer 257 00:14:27,690 --> 00:14:31,550 facing or or like. Yeah, or business facing apps 258 00:14:31,560 --> 00:14:34,270 where you don't really need to know that that you're using the 259 00:14:34,280 --> 00:14:35,050 blockchain. So. 260 00:14:35,820 --> 00:14:37,990 I get, yeah, I guess it's slightly worrying. 261 00:14:38,000 --> 00:14:40,670 It is on one hand you want to scale it and make everybody use 262 00:14:40,680 --> 00:14:41,910 it. But on the other hand if you 263 00:14:41,980 --> 00:14:47,290 reduce fees more than you scale it, then the the fee income gets 264 00:14:47,300 --> 00:14:49,010 lower. So your valuation metric goes 265 00:14:49,020 --> 00:14:52,110 down, which I think is like it's it's a really hard balance to 266 00:14:52,120 --> 00:14:53,950 get right. Like how do you attract more 267 00:14:53,960 --> 00:14:57,270 users while keeping fees at a reasonable level to support the 268 00:14:57,280 --> 00:15:02,700 kind of the L1? Yeah, look, I think, yeah, you 269 00:15:02,710 --> 00:15:06,510 got no going on. No, I was like, yeah, I think, I 270 00:15:06,520 --> 00:15:08,490 think it's just a bad market right now, like. 271 00:15:08,500 --> 00:15:09,650 We. Yeah, I agree. 272 00:15:09,660 --> 00:15:11,190 I. Agree the bull market. 273 00:15:11,200 --> 00:15:14,140 We were all complaining. We were all complaining about 274 00:15:14,150 --> 00:15:16,530 gas, right? We all complained about gas is 275 00:15:16,540 --> 00:15:18,450 200 bucks a ticket. This is a joke. 276 00:15:18,460 --> 00:15:22,570 This is a joke. It took two years to build out a 277 00:15:22,580 --> 00:15:26,890 significant roll up infrastructure, both optimistic 278 00:15:26,900 --> 00:15:29,410 and ZK. Before that you only we had side 279 00:15:29,420 --> 00:15:33,930 chains like Matic or like or Plasma like it wasn't proper L2. 280 00:15:33,940 --> 00:15:35,690 Now we have this proper L2 infrastructure. 281 00:15:35,770 --> 00:15:41,230 It's burning Eve, but we're two years too late for for when it's 282 00:15:41,240 --> 00:15:43,880 too late or early to the next run, so. 283 00:15:44,000 --> 00:15:46,400 You're two years. Next run. 284 00:15:47,260 --> 00:15:48,480 So I think that's where it is, right? 285 00:15:49,430 --> 00:15:52,790 The beauty of it the the, the infrastructure that's been built 286 00:15:52,800 --> 00:15:55,040 will only be shown during the because we would not have the 287 00:15:55,050 --> 00:15:58,120 same sort of stuff that we were talking about last bear bull 288 00:15:58,130 --> 00:16:00,850 market. At least people wouldn't have. 289 00:16:01,560 --> 00:16:03,910 A lot of it, A lot. And the environment. 290 00:16:04,970 --> 00:16:07,260 Have you have you it this way? I view it this way. 291 00:16:07,270 --> 00:16:10,680 The world is not becoming less digitised and Etherium is just 292 00:16:10,690 --> 00:16:14,100 the layer, the compute layer of digital information. 293 00:16:14,170 --> 00:16:17,420 Digital is a digital currency is that it's the it's the layer 294 00:16:17,430 --> 00:16:19,590 being built like through the blockchain like on top of the 295 00:16:19,600 --> 00:16:21,580 Internet. Like it's what allows us to be 296 00:16:21,590 --> 00:16:24,140 to actually transact peer-to-peer within one another 297 00:16:24,190 --> 00:16:28,420 online right and and and online and or unchain actually right. 298 00:16:28,430 --> 00:16:31,300 Unchained summer it's not is it Unchained fomento let me know 299 00:16:31,430 --> 00:16:33,510 well as Jesse actually who's coming on Wednesday so we'll 300 00:16:33,520 --> 00:16:36,560 keep that one for him but was really gonna say just a bear 301 00:16:36,570 --> 00:16:39,250 market thing it sounds like more users then that gets solved 302 00:16:39,260 --> 00:16:41,350 right there was a good table and I'm gonna move on from topic too 303 00:16:41,360 --> 00:16:45,070 but the article actually this is what they're going by so the 304 00:16:45,080 --> 00:16:47,600 change in their metrics since the Shanghai upgrade so you know 305 00:16:47,610 --> 00:16:51,370 it's not like insane like OK like if market caps down 11% 306 00:16:51,380 --> 00:16:54,930 cool like daily transactional theory networks down 12% cool 307 00:16:54,940 --> 00:16:57,220 but like you know headlines like that could make it sounds like 308 00:16:57,230 --> 00:17:00,510 20-30 forty but it's not like I don't know 10% wow like Crimea 309 00:17:00,520 --> 00:17:03,710 river right. Sounds like a pretty pretty cool 310 00:17:03,720 --> 00:17:05,640 chill bear market to me if you if you ask me. 311 00:17:05,650 --> 00:17:08,069 And and and then the year to date seems to have performed 312 00:17:08,079 --> 00:17:09,500 very well. When I look at the ultrasound 313 00:17:09,510 --> 00:17:11,400 money, it's enough for me to be like, OK, cool. 314 00:17:11,410 --> 00:17:13,619 Like it seems like we're still up to something but hey, I'm no 315 00:17:13,630 --> 00:17:16,200 traitor. I'm no track 5 giga chat stuff 316 00:17:16,210 --> 00:17:17,460 like this. I just see it from this 317 00:17:17,470 --> 00:17:20,480 perspective and I'm still using ETH and then network and the L2 318 00:17:20,490 --> 00:17:23,020 and everything. So you know, I think. 319 00:17:23,349 --> 00:17:27,339 The the author of this piece, they went back and. 320 00:17:27,730 --> 00:17:31,450 JP Morgan, They looked. Pieces that he'd written and 321 00:17:31,460 --> 00:17:33,260 he'd written a really bullish piece on Lunar. 322 00:17:33,470 --> 00:17:37,730 A really bullish piece on. Yeah, right. 323 00:17:37,740 --> 00:17:39,870 He's like he's a multi chain Maxie. 324 00:17:39,880 --> 00:17:42,380 So it's it's kind of like it's difficult to tell if this is 325 00:17:42,390 --> 00:17:45,610 just him funding because he's like him but like pretty. 326 00:17:45,620 --> 00:17:47,730 It's a good time right? Like I feel like I've hasn't 327 00:17:47,740 --> 00:17:49,210 gone fun in a bit. Like I was thinking about this 328 00:17:49,220 --> 00:17:52,610 as well like well we need more like write Vitalic Muslim E to 329 00:17:52,620 --> 00:17:53,980 Coinbase. That of course is to put on 330 00:17:53,990 --> 00:17:58,010 frantic right. But but you know stuff like that 331 00:17:58,020 --> 00:17:59,930 it's like every little thing. ETH is like that thing. 332 00:17:59,940 --> 00:18:01,910 It's like it's so good. Like you need the little things 333 00:18:01,920 --> 00:18:02,950 to fund it. Like whatever. 334 00:18:02,960 --> 00:18:05,150 Like, you know, give me eats like little the world, you know, 335 00:18:05,160 --> 00:18:07,570 park the truck and I'll see you guys in two years. 336 00:18:07,690 --> 00:18:14,770 Anyways, with that being said, with that being said, topic #2 337 00:18:14,780 --> 00:18:17,550 today, well that one comes straight out of China and I had 338 00:18:17,560 --> 00:18:21,310 some I I was diving through those minutes to find it Mando. 339 00:18:21,320 --> 00:18:24,190 But you're crypto care about China property. 340 00:18:24,240 --> 00:18:26,390 So what? What is the correlation here 341 00:18:26,460 --> 00:18:30,220 between China property and Encrypto here Mando? 342 00:18:32,310 --> 00:18:33,880 Yeah. So this has been a strange one. 343 00:18:33,890 --> 00:18:35,960 It's something that like I think caught a lot of people off guard 344 00:18:35,970 --> 00:18:39,880 this year because we seem to like trade off a lot on random 345 00:18:39,890 --> 00:18:44,120 headlines around China property. Now China, China is a massive 346 00:18:44,130 --> 00:18:47,030 market. It's like a $70 trillion market. 347 00:18:47,040 --> 00:18:50,440 It's kind of properties like arguably the biggest single 348 00:18:50,520 --> 00:18:55,370 asset class market in the world. That being said, like it doesn't 349 00:18:55,380 --> 00:18:57,150 seem to affect a lot of other markets. 350 00:18:57,160 --> 00:19:00,470 People are still saying it's one of the major risks for global 351 00:19:00,480 --> 00:19:06,150 growth, but it's actual. I don't know it's it's 352 00:19:06,520 --> 00:19:10,100 correlation to other markets hasn't been that high 353 00:19:10,140 --> 00:19:12,910 traditionally. But yeah, whenever we hear a 354 00:19:12,920 --> 00:19:16,950 headline about Evergrande or Country Garden, it always gets 355 00:19:16,960 --> 00:19:20,050 shared around the market and it's kind of a bit strange. 356 00:19:21,180 --> 00:19:23,490 See, I have been less sure about this. 357 00:19:23,500 --> 00:19:25,580 Like when the last time ever granted it's going to 358 00:19:25,590 --> 00:19:27,790 restructure, we saw that huge jump in Bitcoin. 359 00:19:27,800 --> 00:19:32,590 It went down. To like 2025 K and ETH went to 360 00:19:32,600 --> 00:19:35,510 like 1400 that it was always a bit strange. 361 00:19:35,720 --> 00:19:39,290 One of the main things in the ether that's being spoken about 362 00:19:39,300 --> 00:19:44,150 is that Tether may have some exposure to them via that 363 00:19:44,160 --> 00:19:47,990 commercial. A paper exposure. 364 00:19:48,040 --> 00:19:51,550 Now Tether does have or did have a very large commercial paper 365 00:19:51,560 --> 00:19:53,470 book and it was very unclear where that came from. 366 00:19:53,480 --> 00:19:57,140 There was some rumours that come out of China and commercial 367 00:19:57,150 --> 00:20:00,450 paper is basically like short term. 368 00:20:01,140 --> 00:20:08,000 Debt from companies very short term normally and they're 369 00:20:08,010 --> 00:20:11,600 normally, they're normally rated relatively high or they're seen 370 00:20:11,610 --> 00:20:15,520 as lower risk versus other forms of investments. 371 00:20:15,900 --> 00:20:19,390 But they were seemingly seemed to be doing it essentially weird 372 00:20:19,400 --> 00:20:21,490 geographies. All these geographies where many 373 00:20:21,500 --> 00:20:24,670 people did it and one of them was meant to be to be China. 374 00:20:24,860 --> 00:20:29,910 Now Teva has said over the last over the last few months that 375 00:20:29,920 --> 00:20:34,060 it's massively reduced its portfolio of commercial property 376 00:20:34,070 --> 00:20:36,880 and it has said it has no exposure to ever grant. 377 00:20:37,130 --> 00:20:41,200 That being said, it's you're taking them at their word 378 00:20:41,250 --> 00:20:44,760 because they never have said what they actually own from 379 00:20:44,770 --> 00:20:50,010 their commercial paper and several U.S. banks have said 380 00:20:50,020 --> 00:20:54,340 they'd never dealt with Tether. So it's very strange to work out 381 00:20:54,350 --> 00:20:56,460 why they have this commercial paper programme. 382 00:20:56,590 --> 00:20:58,140 They are based I think in the Caribbean. 383 00:20:58,150 --> 00:21:00,040 So some people thought it might be there and maybe South 384 00:21:00,050 --> 00:21:03,490 America, but either way like it's it's it's unclear where 385 00:21:03,500 --> 00:21:05,290 that exposure is. We're just taking them in that 386 00:21:05,300 --> 00:21:07,070 word that they do not have that exposure. 387 00:21:07,300 --> 00:21:08,700 It's not enough to sync together. 388 00:21:08,710 --> 00:21:10,870 Like it's actually quite a small bit of their portfolio right 389 00:21:10,880 --> 00:21:12,400 now. But that might be one reason why 390 00:21:12,410 --> 00:21:14,730 it's happening. That's pure speculation. 391 00:21:14,780 --> 00:21:17,790 I actually, I don't know if I believe it myself or even 392 00:21:17,800 --> 00:21:20,650 slightly believe it, but that is one reason why people might 393 00:21:20,660 --> 00:21:23,780 really be caring about China property And then I think the 394 00:21:23,790 --> 00:21:29,570 other thing is just the amount. Of if we are hoping that Asia's 395 00:21:29,620 --> 00:21:33,270 gonna save crypto, then I think it does. 396 00:21:33,340 --> 00:21:36,410 China property will have a massive impact on that region, 397 00:21:37,480 --> 00:21:39,370 has a massive impact particularly on the financial 398 00:21:39,380 --> 00:21:41,950 sector of that region. Like it's not just industrial, 399 00:21:41,960 --> 00:21:46,430 it's like very much the financial hubs in the South near 400 00:21:46,440 --> 00:21:49,680 Hong Kong. And I think that's part of the 401 00:21:49,690 --> 00:21:57,630 reason why people really do. Um, really do find it sensitive 402 00:21:57,640 --> 00:22:00,110 to to crypto, but I I'm still a bit flexed about it. 403 00:22:00,120 --> 00:22:03,870 I'm I'm still trying to work out why like today when crypto 404 00:22:03,880 --> 00:22:08,650 dipped everyone mentioned Evergrande and again and it's 405 00:22:08,700 --> 00:22:11,270 Evergrande is going to be a basket case probably for the 406 00:22:11,280 --> 00:22:14,930 next two years. Like it's it's it's it's going 407 00:22:14,940 --> 00:22:17,390 to be a long restructuring as with many of them are China 408 00:22:17,400 --> 00:22:21,290 property is a problem that people are saying is going to be 409 00:22:21,380 --> 00:22:25,050 going on for decades. They they built property for a 410 00:22:25,060 --> 00:22:29,880 population of 2 to 3 billion people and suddenly they're at 411 00:22:29,890 --> 00:22:32,790 1.6 billion people and and potentially the the populations 412 00:22:32,800 --> 00:22:36,230 could start slowing or decreasing very very soon. 413 00:22:36,240 --> 00:22:39,590 So it's like a it's like a medium term thing. 414 00:22:41,180 --> 00:22:43,430 So I'm a little bit surprised that that. 415 00:22:43,440 --> 00:22:45,620 Do you think there's an angle where it's like a liquidity 416 00:22:45,630 --> 00:22:49,330 thing where people are trying to offshore or like? 417 00:22:50,780 --> 00:22:55,590 Yeah, offshore cash and so liquidate Bitcoin holdings did 418 00:22:55,700 --> 00:22:59,360 into dollars which they bought with like local currency or not. 419 00:23:00,950 --> 00:23:03,110 Look, I I just don't know. This is this what I'm trying to 420 00:23:03,120 --> 00:23:05,380 get to the bottom of it. Like it's very, very clear that 421 00:23:05,390 --> 00:23:08,020 we do have that sensitivity. Whenever there is a headline out 422 00:23:08,070 --> 00:23:11,480 about China property, you generally do see a little bit of 423 00:23:11,490 --> 00:23:14,470 a dump or like Oh my God this happened at this is happening. 424 00:23:15,400 --> 00:23:19,010 So I just don't know what that transmission mechanism is, but 425 00:23:19,020 --> 00:23:23,390 it is there and it may be it may be to do with something more 426 00:23:23,400 --> 00:23:27,910 direct like liquidity needed at some of these financial firms. 427 00:23:27,920 --> 00:23:31,290 There's a huge shadow banking sector over there as well which 428 00:23:31,300 --> 00:23:34,670 is highly exposed to the property market and I don't know 429 00:23:34,680 --> 00:23:36,890 what their balance sheet looks like with respect to crypto. 430 00:23:36,900 --> 00:23:40,570 So maybe they need to sell some crypto if their property 431 00:23:40,580 --> 00:23:43,130 portfolios getting destroyed. There's one which has very very 432 00:23:43,140 --> 00:23:45,830 high exposure. So, but yeah, just be aware of 433 00:23:45,840 --> 00:23:47,760 it. Be aware that you probably won't 434 00:23:47,770 --> 00:23:50,470 know why, but know that we seem to. 435 00:23:51,230 --> 00:23:54,410 Love that. Have we do seem to have an 436 00:23:54,420 --> 00:23:56,530 effect sensitivity to it for sure. 437 00:23:57,940 --> 00:23:59,590 Alright, well hopefully they don't. 438 00:24:00,410 --> 00:24:02,100 Yeah, What do you think about China cows? 439 00:24:03,660 --> 00:24:06,390 Do you think that? What? 440 00:24:06,700 --> 00:24:09,290 What a question. What do you think about China? 441 00:24:09,840 --> 00:24:13,210 Yeah, I think the population issue is big and is understated. 442 00:24:13,700 --> 00:24:17,270 It's been that you're starting to see the effects of the one 443 00:24:17,280 --> 00:24:19,530 child policy, right? And that if you have, if 444 00:24:19,540 --> 00:24:23,310 everybody has one kid, that's two people, the next generation 445 00:24:23,320 --> 00:24:26,350 is half as big because two people become one person. 446 00:24:26,440 --> 00:24:29,830 And if you compound that over a few generations, it's an it's a 447 00:24:29,840 --> 00:24:34,930 negatively exponential effect, which, yeah, I think they. 448 00:24:35,030 --> 00:24:39,340 Reversed way too late. And now not only is it was it 449 00:24:39,350 --> 00:24:41,480 imposed by law and trying to reverse it, but now it's 450 00:24:41,490 --> 00:24:43,580 enforced culturally and economically. 451 00:24:43,650 --> 00:24:46,600 So because there are more old people, the costs of caring for 452 00:24:46,610 --> 00:24:49,860 old people are higher. So and having to be supported by 453 00:24:49,950 --> 00:24:53,100 like 1 kid, so that person doesn't want to start a family 454 00:24:53,110 --> 00:24:56,280 because that's another expense etcetera etcetera. 455 00:24:56,290 --> 00:24:59,030 It's skewed so many different markets that I think it's too 456 00:24:59,040 --> 00:25:03,760 hard to like rescue basically. And now the younger generations 457 00:25:03,770 --> 00:25:05,560 have it ingrained, even though it's not the law. 458 00:25:05,630 --> 00:25:09,070 Have ingrained in them that, you know, having one child is is the 459 00:25:09,080 --> 00:25:12,470 norm. So there's a lot of. 460 00:25:13,970 --> 00:25:16,840 Ohh, right lad. There's a lot of different views 461 00:25:16,850 --> 00:25:20,390 on Chinese population figures that they were basically making 462 00:25:20,400 --> 00:25:23,250 them up for a long time. And that had been overstated by 463 00:25:23,260 --> 00:25:24,980 several 100 million for a long time. 464 00:25:24,990 --> 00:25:27,680 And that's kind of been borne out over the past two years, 465 00:25:27,750 --> 00:25:30,400 with more and the Chinese government starting to admit 466 00:25:30,410 --> 00:25:34,390 this to themselves. This happened is happening all 467 00:25:34,400 --> 00:25:37,080 over the world, like you have ageing populations which result 468 00:25:37,090 --> 00:25:39,680 in shrinking populations. But in China, it's especially 469 00:25:39,690 --> 00:25:42,100 bad. And the whole Chinese economic 470 00:25:42,110 --> 00:25:46,460 machine was basically built on having like infinite population 471 00:25:46,470 --> 00:25:49,630 growth which could. Drive infinite growth in like 472 00:25:49,640 --> 00:25:51,790 factories and property and all of these things. 473 00:25:53,000 --> 00:25:54,570 So yeah, they're in a tight spot. 474 00:25:54,580 --> 00:25:56,750 Medium term, I think very tight spot. 475 00:25:58,400 --> 00:26:00,430 But This is why people are so kind of. 476 00:26:02,710 --> 00:26:06,160 Keen to build the kind of like Android robots basically to 477 00:26:06,170 --> 00:26:10,880 replace human populations. Yeah. 478 00:26:10,890 --> 00:26:13,260 This in terms of economic output, not in terms of like, 479 00:26:13,270 --> 00:26:15,280 alright, great. So what happens in Japan? 480 00:26:15,410 --> 00:26:17,740 I think we're in a tough spot, India to overtake China. 481 00:26:18,810 --> 00:26:22,420 Wow, I mean yo bison control, you saw the CEOs? 482 00:26:22,430 --> 00:26:24,700 I've posted a few weeks ago Rising control. 483 00:26:25,110 --> 00:26:26,820 Buys. The buyers are in control. 484 00:26:26,830 --> 00:26:28,600 You know Brandao is thriving right now. 485 00:26:28,670 --> 00:26:33,080 So it's a I mean I know, but it's it's his drive anyways. 486 00:26:33,150 --> 00:26:35,070 So that's a that's an interesting one to follow for 487 00:26:35,080 --> 00:26:36,940 those people who are like into like trading and stuff and 488 00:26:36,950 --> 00:26:39,220 wonder why sometimes you get these like slashing Bitcoin, 489 00:26:39,230 --> 00:26:41,230 it's just like. Look what's happening in China. 490 00:26:41,900 --> 00:26:45,670 It's definitely to be affecting the the price of Bitcoin once 491 00:26:45,680 --> 00:26:48,570 again anyways. Next topic, Gaming again. 492 00:26:48,640 --> 00:26:53,500 But gaming related to NFT's Web 3 and blockchain again. 493 00:26:53,510 --> 00:26:56,310 No way bro. It's almost like those who are 494 00:26:56,320 --> 00:27:02,150 meant to be ohh like those are meant to be CS go skins are 495 00:27:02,220 --> 00:27:07,830 actively being traded on chain. There is $216 million in 496 00:27:07,840 --> 00:27:10,410 secondary sales. Volume has been done. 497 00:27:10,600 --> 00:27:13,260 To date, reports users Sammy ETH. 498 00:27:13,330 --> 00:27:17,540 And so he continues. Recently mainstream news painted 499 00:27:17,550 --> 00:27:19,900 the picture that digital collectibles are dead. 500 00:27:19,970 --> 00:27:22,020 This couldn't be further from the truth. 501 00:27:22,090 --> 00:27:25,580 The top 10 traders contribute for $61 million in purchases 502 00:27:25,590 --> 00:27:31,090 across 529,000 transactions. The top 252 dollars $52 million 503 00:27:31,100 --> 00:27:33,860 volume 2 and 3K trades. And these are kind of like, 504 00:27:33,870 --> 00:27:37,940 yeah, market makers out there. But there's a marketplace that 505 00:27:37,950 --> 00:27:41,420 is called the market and it's been trading Metaverse. 506 00:27:41,490 --> 00:27:45,600 Collectables for years now and basically for these drives and 507 00:27:45,610 --> 00:27:48,390 I'll consider read here freely drives mythos blockchain digital 508 00:27:48,400 --> 00:27:52,150 assets trading volume to the top three and this is what you were 509 00:27:52,160 --> 00:27:56,370 writing about Mando the other day as well and again like again 510 00:27:56,520 --> 00:28:00,640 gamers using blockchain infrastructure without. 511 00:28:01,290 --> 00:28:03,800 Realising that the apps are using or blockchain 512 00:28:03,810 --> 00:28:05,380 infrastructure. So we're talking about this a 513 00:28:05,390 --> 00:28:07,300 little earlier about mass adoption stuff. 514 00:28:07,490 --> 00:28:09,050 Good example, right? Amanda, what are you? 515 00:28:09,060 --> 00:28:10,240 What are your thoughts here? It's. 516 00:28:10,290 --> 00:28:12,740 I find that one particularly interesting. 517 00:28:14,030 --> 00:28:19,070 This one's got a lot to unpack, so, um, the market's been around 518 00:28:19,080 --> 00:28:22,450 for a long time. It was bought by a company 519 00:28:22,460 --> 00:28:24,570 called Mythical Games in January. 520 00:28:26,510 --> 00:28:31,960 So it was already a marketplace for steam assets mainly CSGO 521 00:28:31,970 --> 00:28:36,900 assets and you saw comparative levels of sales. 522 00:28:37,770 --> 00:28:42,240 Now what they did after they acquired it is basically add 523 00:28:42,250 --> 00:28:50,840 crypto payment rails for on ramping and off ramping and the 524 00:28:50,850 --> 00:28:53,320 the the sales are not actually on chain. 525 00:28:53,650 --> 00:28:57,660 So it's not like open C it's it's I guess it's more similar 526 00:28:57,670 --> 00:29:01,120 to like finance or one of these centralised exchanges like you 527 00:29:01,130 --> 00:29:06,180 don't see the on chain trades on a centralised exchange right, 528 00:29:06,190 --> 00:29:07,970 they just report the volume numbers. 529 00:29:08,110 --> 00:29:12,100 So what they've done here is basically they report the 530 00:29:12,110 --> 00:29:14,390 receipts. So you can see that the receipts 531 00:29:14,400 --> 00:29:16,510 are posted on the blockchain and you can see the volumes are 532 00:29:16,520 --> 00:29:19,160 posted on the blockchain, but the trade actually happening 533 00:29:19,170 --> 00:29:20,910 there. The only thing the way you you 534 00:29:20,920 --> 00:29:23,370 realise it's the blockchain is is because of the on and off 535 00:29:23,380 --> 00:29:26,320 ramp going on. So when you go into this 536 00:29:26,330 --> 00:29:29,070 marketplace and you can go on to it, you can connect your meta 537 00:29:29,080 --> 00:29:34,090 mask and then you basically deposit an amount onto the 538 00:29:34,900 --> 00:29:37,050 centralised marketplace and then you're able to trade on that 539 00:29:37,060 --> 00:29:40,350 marketplace. So it has these on and off ramps 540 00:29:40,360 --> 00:29:43,970 which are which are crypto. That being said, like arguably 541 00:29:43,980 --> 00:29:46,020 these aren't. These are definitely not NFTS 542 00:29:46,030 --> 00:29:50,490 because they're not, they're not on chain assets which you're 543 00:29:50,500 --> 00:29:52,340 trading, and they're not digitally native assets. 544 00:29:52,350 --> 00:29:55,140 It's not like it's not like it's something minted on the 545 00:29:55,150 --> 00:30:00,430 blockchain which you then trade these RTS Go assets which are 546 00:30:00,440 --> 00:30:06,100 used in the CS Go game. So it's arguably it's not it's 547 00:30:06,110 --> 00:30:10,360 not even on it's not really crypto but at the same time it 548 00:30:10,370 --> 00:30:13,020 has all the infrastructure for it. 549 00:30:13,310 --> 00:30:18,910 So like you can deposit on it in that way and and if there were 550 00:30:18,920 --> 00:30:24,820 web three native assets actually assets minted on the blockchain 551 00:30:26,200 --> 00:30:29,650 you would you would be able to trade them on this sort of 552 00:30:29,660 --> 00:30:32,250 marketplace. So it's it's kind of 1/2 and 553 00:30:32,260 --> 00:30:35,820 half, it's super bullish in my opinion because it's it's kind 554 00:30:35,830 --> 00:30:39,190 of how I think a lot of assets will be sold like a lot of 555 00:30:39,200 --> 00:30:42,330 assets will be like this. In my opinion with these sort of 556 00:30:42,340 --> 00:30:46,330 centralised marketplaces where they don't have to be on chain 557 00:30:46,340 --> 00:30:50,140 like they can just block chain just provides the infrastructure 558 00:30:50,150 --> 00:30:52,950 for the payments, payment rails essentially. 559 00:30:53,380 --> 00:30:57,650 And some of the infrastructure for the logging of transactions 560 00:30:57,770 --> 00:31:00,730 which I think is, is is very, very useful for people. 561 00:31:01,060 --> 00:31:03,650 But it doesn't necessarily have to be something minted on chain, 562 00:31:04,160 --> 00:31:06,890 but it's a it's a good interaction there between where 563 00:31:06,900 --> 00:31:11,090 to and web three. So it's kind of 1/2 and half. 564 00:31:11,100 --> 00:31:12,830 I think it's I think it's very very relation. 565 00:31:12,840 --> 00:31:15,790 I think it's you could build this now for loads of different 566 00:31:15,800 --> 00:31:18,710 games, right? Like this could now provide the 567 00:31:18,720 --> 00:31:21,930 way for web three people to onboard their own funds onto a 568 00:31:21,940 --> 00:31:24,500 marketplace like this and trade actually assets of games which 569 00:31:24,510 --> 00:31:28,270 they're playing right now Fortnite skins potentially or or 570 00:31:28,280 --> 00:31:30,700 CS go out. It's a Trojan horse, right? 571 00:31:30,710 --> 00:31:33,090 Which I think considerably that absolutely. 572 00:31:34,130 --> 00:31:37,510 So some people are like, ohh, no, this isn't fully Web three. 573 00:31:37,520 --> 00:31:39,500 Well you know what? Fuck you like this is good 574 00:31:39,510 --> 00:31:40,880 enough. Like we're actually able to. 575 00:31:40,890 --> 00:31:42,780 Trade, right? Yeah. 576 00:31:42,790 --> 00:31:47,880 And if you're still here, if you're not like fully here just 577 00:31:47,890 --> 00:31:51,790 for crypto, you're here for the concept that digital identity is 578 00:31:51,800 --> 00:31:53,680 going to be a big thing. Digital assets could be 579 00:31:53,690 --> 00:31:56,820 increasingly valuable. These are, these are just ways 580 00:31:56,830 --> 00:32:01,130 for you to get involved in that. So if you're more a digital 581 00:32:01,490 --> 00:32:06,280 identity and assets maxi rather than like a crypto taxi, this is 582 00:32:06,290 --> 00:32:08,820 like a really good example of how that can work. 583 00:32:08,890 --> 00:32:11,850 And I think this is how a lot of people, a lot of tech companies, 584 00:32:11,860 --> 00:32:14,060 a lot of gaming companies will approach the space. 585 00:32:14,070 --> 00:32:18,360 Actually crypto just becomes a very easy payment rails and 586 00:32:18,410 --> 00:32:21,480 receipts slash transaction log for for trade. 587 00:32:21,530 --> 00:32:24,140 It doesn't necessarily mean you have to move your everything 588 00:32:24,150 --> 00:32:27,620 onto Change on Chain, doesn't mean having your games have to 589 00:32:27,630 --> 00:32:31,920 be these, you know, decentralised worlds. 590 00:32:31,930 --> 00:32:35,150 Like you can still have your own thing, you can still make your 591 00:32:35,160 --> 00:32:36,990 own assets. We're just gonna provide the 592 00:32:37,000 --> 00:32:39,850 marketplaces for them to trade. This is great. 593 00:32:39,860 --> 00:32:42,390 I mean I go on crypto slam dot IO right now just to check out 594 00:32:42,400 --> 00:32:45,490 the the tops and still there right the markets #3 right above 595 00:32:45,500 --> 00:32:48,890 board if your Club and Under God's Unchained and and Polygon 596 00:32:48,900 --> 00:32:51,980 see right there. So you still have like the last 597 00:32:51,990 --> 00:32:53,930 what's that is that 24? Yeah it's 24 hours. 598 00:32:54,000 --> 00:32:58,350 We're looking at 800. Yeah, this is but even 24 hours, 599 00:32:58,360 --> 00:33:02,030 like look at this 8/8/80 K 880,000 well how do you change 600 00:33:02,040 --> 00:33:03,410 the here? Like do I? 601 00:33:03,500 --> 00:33:05,650 Yeah. Ohh, that's the right yeah. 602 00:33:06,350 --> 00:33:08,400 Up maybe. I think it says if you go up 603 00:33:08,410 --> 00:33:10,250 slightly. Sorry, 30 days. 604 00:33:10,260 --> 00:33:12,440 There you go. So 30 days you're looking. 605 00:33:13,030 --> 00:33:15,900 Whoa. Yeah. 606 00:33:17,710 --> 00:33:20,560 Number one that's that's a that's a good spot here. 607 00:33:20,570 --> 00:33:23,220 I love that you brought that up. I mean the market over the last 608 00:33:23,230 --> 00:33:27,700 30 days has done $31.6 million in sales up 24%. 609 00:33:27,710 --> 00:33:32,600 There's been 1.7 million transactions, 71,000 unique 610 00:33:32,610 --> 00:33:36,580 buyers and 62,000 sellers which is really cool and you're 611 00:33:36,590 --> 00:33:40,060 absolutely love to this and and Blockchains by NFT Sales Volumes 612 00:33:40,190 --> 00:33:44,700 is reporting that it is third after Ethereum and Polygon but 613 00:33:44,710 --> 00:33:47,800 it's like 100K apart from Polygon so you could argue this 614 00:33:47,810 --> 00:33:50,070 tight. Second here look at the wash 615 00:33:50,080 --> 00:33:53,010 volumes on Polygon. Yeah, I mean, OK now. 616 00:33:53,020 --> 00:33:54,590 Yeah. So the wash volumes on Polygon 617 00:33:54,600 --> 00:33:58,110 22 melt, but it's only 200 K so I would put it second guess me 618 00:33:58,120 --> 00:34:01,470 here and it's a it's it's it's actually some impressive 619 00:34:01,480 --> 00:34:03,340 numbers. Look, I like what you said. 620 00:34:03,350 --> 00:34:06,150 Like some people say, oh this is not fully Web Three list is it 621 00:34:06,160 --> 00:34:08,810 doesn't matter. I mean you to get to Web 3. 622 00:34:08,820 --> 00:34:10,639 And that's why so many people get confused about what Web 623 00:34:10,650 --> 00:34:12,300 Three is like. Our friends ask me, hey, like, 624 00:34:12,310 --> 00:34:14,340 so if I ask you what this Web Three thing is. 625 00:34:14,350 --> 00:34:17,600 And listen, I always like in layman's terms, like, I like to 626 00:34:17,610 --> 00:34:19,210 dumb it down to. It's just a natural. 627 00:34:19,280 --> 00:34:23,550 Continuation of the Internet and of technology I know people like 628 00:34:23,560 --> 00:34:27,120 some of our peers want to make it sound very intense and like 4 629 00:34:27,130 --> 00:34:30,580 thinking and ohh like your web 3 but it's just like that's all it 630 00:34:30,590 --> 00:34:34,600 is it's from you know it's it's it's the move to unchain tech 631 00:34:34,610 --> 00:34:37,199 it's the move to blockchain technologies the move to this 632 00:34:37,250 --> 00:34:40,699 layer being built but it's it's it's really fascinating story 633 00:34:40,710 --> 00:34:44,540 here and and again just a good use case I think Kelly I mean 634 00:34:44,550 --> 00:34:46,420 I'll go to you if you want to add something but I think Trojan 635 00:34:46,429 --> 00:34:49,739 horse is the. Word horse maybe like people. 636 00:34:49,850 --> 00:34:53,300 Used to doing this with games that don't necessarily have this 637 00:34:53,310 --> 00:34:55,159 functionality built in. And then all of a sudden the 638 00:34:55,170 --> 00:34:57,230 games do have this functionality built in and then all of a 639 00:34:57,240 --> 00:34:59,710 sudden they are digital assets there. 640 00:34:59,720 --> 00:35:01,530 And so it becomes even more seamless. 641 00:35:01,540 --> 00:35:05,050 Like it's as if you can get people using it and people 642 00:35:05,060 --> 00:35:07,270 profiting from it. That's how you'll get adoption. 643 00:35:07,660 --> 00:35:10,670 You have you have also like things to show for like before 644 00:35:10,680 --> 00:35:13,320 it was like gamers like well show me a tech for gamers that's 645 00:35:13,380 --> 00:35:15,710 NFT technology empowers ohh. But this game? 646 00:35:15,720 --> 00:35:18,510 Yeah, but this game they see is a Ponzi is a Token Associates. 647 00:35:18,520 --> 00:35:20,610 Uh, but that. Yeah, but then hey, look. 648 00:35:21,420 --> 00:35:26,290 You actually own CS Go skins probably, if you're a big gamer. 649 00:35:26,340 --> 00:35:28,480 Look at what this blockchain is doing. 650 00:35:29,200 --> 00:35:30,910 And look at how well it's performing. 651 00:35:30,920 --> 00:35:33,050 Ohh, look at the watch. I love that wash trade 652 00:35:33,060 --> 00:35:36,190 difference. Man, does it look like you see 653 00:35:36,200 --> 00:35:38,750 the difference and you see how good this technology can be for 654 00:35:38,760 --> 00:35:41,720 your assets. So yeah, I love that good stuff 655 00:35:41,730 --> 00:35:45,130 there, absolutely love to see that. 656 00:35:45,220 --> 00:35:49,750 And and which leads me then to our 3rd, 4th, 3rd, 4th, 4th 657 00:35:49,760 --> 00:35:51,870 topic today. But I'm sure we'll go quick over 658 00:35:51,880 --> 00:35:55,950 that. Yeah, 444444 which leads to our 659 00:35:55,960 --> 00:35:58,920 fourth topic a day, which I'm sure will come back multiple 660 00:35:58,930 --> 00:36:01,930 times. But there's a pudgy Penguins are 661 00:36:01,940 --> 00:36:05,510 upwards at 15%, or I'll pull up degens finance in a second. 662 00:36:06,150 --> 00:36:10,440 You know of the news of Brave New World that is coming up 663 00:36:10,570 --> 00:36:13,180 looking as have been tweeting about it at all, at a lot. 664 00:36:13,190 --> 00:36:15,990 Looking as being the CEO of pudgy Penguins that is saying 665 00:36:16,000 --> 00:36:17,320 that. The pudgy Penguins I read all 666 00:36:17,330 --> 00:36:20,420 weekend saying it's gonna be a huge breakthrough for web three. 667 00:36:20,530 --> 00:36:24,080 You know, we're talking torches, horses, apparently another 668 00:36:24,310 --> 00:36:27,060 Trojan horse. And pudgy Penguins will just, 669 00:36:27,110 --> 00:36:30,340 you know, apparently change the narrative and break the 670 00:36:30,350 --> 00:36:32,790 barriers. So I for one, of course, I mean 671 00:36:32,800 --> 00:36:36,620 holder of two cute little pudgies, great friend of looking 672 00:36:36,630 --> 00:36:38,530 at. Absolutely love that guy. 673 00:36:38,580 --> 00:36:41,430 Admire his hard work, spent some time with him in Singapore. 674 00:36:41,440 --> 00:36:46,010 So very excited for Brave New World myself because I think 675 00:36:46,020 --> 00:36:48,970 that it's gonna be great. And 18 hours ago he tweeted our 676 00:36:48,980 --> 00:36:53,070 next move will be our greatest. So if you want to try and take a 677 00:36:53,080 --> 00:36:55,340 guess of what Brave New World is, you're welcome to comment on 678 00:36:55,350 --> 00:36:57,870 YouTube or under the Twitter spaces link. 679 00:36:57,880 --> 00:37:03,710 But Mando, what do you think? Brave New World is, so they've 680 00:37:03,720 --> 00:37:06,580 been teasing this for a little bit now. 681 00:37:06,870 --> 00:37:09,260 I think explicitly, really over the last week they've really 682 00:37:09,270 --> 00:37:13,690 tried to push it and obviously look at that. 683 00:37:13,700 --> 00:37:15,700 I think being like, look, I'd love to speak about this with a 684 00:37:15,710 --> 00:37:18,620 bunch of different creators. So I'm expecting some sort of a 685 00:37:19,320 --> 00:37:22,520 announcement very, very soon. They've said, I believe it's 686 00:37:22,530 --> 00:37:26,300 going to be a metaverse of some sort, or at least that's the 687 00:37:26,310 --> 00:37:28,800 heavy hint that it's going to be a massive verse of some sort. 688 00:37:29,070 --> 00:37:31,900 So yeah, I think, I think that's. 689 00:37:31,910 --> 00:37:34,540 What We'll see poster looks like a film poster, right? 690 00:37:36,040 --> 00:37:37,770 Like that. That looks like a film. 691 00:37:37,780 --> 00:37:41,610 To me, they call it one small step for pudgy Penguins, one 692 00:37:41,620 --> 00:37:45,320 large step for Web 3. And that looks like a film to 693 00:37:45,330 --> 00:37:47,420 me. And some, Yeah, who knows? 694 00:37:47,430 --> 00:37:49,320 It's a matter of us. Be anything. 695 00:37:49,330 --> 00:37:50,100 You want it to be. You. 696 00:37:50,110 --> 00:37:55,240 Know, I don't know. And Lukaku knows that, right? 697 00:37:55,460 --> 00:37:57,400 I think. I'm about to find out. 698 00:37:58,840 --> 00:38:00,720 Long as it's not afraid of. You. 699 00:38:03,470 --> 00:38:07,060 As long as it's not another 20,000 collection with the same 700 00:38:07,070 --> 00:38:09,870 artwork, then he's outperformed the rest of the NFT founders. 701 00:38:09,880 --> 00:38:11,940 Yeah, I mean, he talks a lot about not doing that. 702 00:38:11,950 --> 00:38:13,720 Listen, I obviously like, I had breakfast. 703 00:38:13,730 --> 00:38:15,480 We look at 2 weeks ago, so obviously. 704 00:38:15,490 --> 00:38:18,080 You probably know what it is. I have an idea of what's coming, 705 00:38:18,090 --> 00:38:20,290 but I'm not gonna. I'm not gonna. 706 00:38:20,300 --> 00:38:23,930 I'm not gonna like burst. Deserves to be at the front, 707 00:38:23,940 --> 00:38:26,230 left and centre of the space for it. 708 00:38:26,240 --> 00:38:29,380 I just wanted one guy, that one guy that knows the secret of 709 00:38:29,390 --> 00:38:30,820 what your best mate at prime he's like. 710 00:38:30,830 --> 00:38:33,290 I'm not gonna say because like, me and him have that special 711 00:38:33,300 --> 00:38:34,490 connection and you. Know. 712 00:38:34,500 --> 00:38:37,070 No, but he talked. No, he he talked to a lot of 713 00:38:37,080 --> 00:38:39,620 creators because he talked about creators to get on the shows all 714 00:38:39,630 --> 00:38:41,370 week, right? So I had to talk to him to get 715 00:38:41,380 --> 00:38:43,610 him booked on for the show. So obviously I know that, like, 716 00:38:43,670 --> 00:38:45,750 it's gonna be the announcement that he has to come on and I 717 00:38:45,760 --> 00:38:47,470 talked about it. He's gonna go one of these like 718 00:38:47,520 --> 00:38:49,070 Luca Netz runs. You know what? 719 00:38:49,080 --> 00:38:52,010 That MF goes in like 80 spaces within one week. 720 00:38:53,750 --> 00:38:57,630 So he he's nice public school. You know that we we we've done 721 00:38:57,640 --> 00:38:59,800 that in the morning show, the night show, in rock radio and 722 00:38:59,810 --> 00:39:01,080 now he's coming back on the morning show. 723 00:39:01,090 --> 00:39:02,060 But like when? When? 724 00:39:02,070 --> 00:39:04,280 When looking at radio, I remember he came. 725 00:39:04,290 --> 00:39:06,920 On radio calls me. I remember that and he's like 726 00:39:06,930 --> 00:39:09,000 yo, can I, can I, can you come out come on the show. 727 00:39:09,010 --> 00:39:10,730 I have a big announcement I think is good for three. 728 00:39:10,740 --> 00:39:12,450 Of course I say yes cause I'm gonna give a platform to 729 00:39:12,460 --> 00:39:15,280 founders like him that you know I think are doing good things 730 00:39:15,290 --> 00:39:18,080 and it's great. It's great and and I think he's 731 00:39:18,090 --> 00:39:20,780 one of the better founders in the PFP meta space. 732 00:39:21,170 --> 00:39:22,820 Right. Everyone out. 733 00:39:22,830 --> 00:39:24,050 Everybody else kind of disappointed. 734 00:39:24,130 --> 00:39:26,360 Not gonna lie. So I was like, I talked to Luke 735 00:39:26,370 --> 00:39:28,270 in Singapore. They're like, dude, I'm not 736 00:39:28,280 --> 00:39:31,660 gonna lie fam like. It's on his shoulders. 737 00:39:31,670 --> 00:39:33,310 He's carrying the whole space now. 738 00:39:34,060 --> 00:39:36,280 Like, don't let me down, you know, here, like, you know, 739 00:39:36,290 --> 00:39:38,460 because then they would just down to like. 740 00:39:39,160 --> 00:39:41,370 I don't know. I mean, I remember KBM got him 741 00:39:41,380 --> 00:39:43,870 on rec radio and he was like, oh, we've got Luca. 742 00:39:43,880 --> 00:39:47,930 It's like one of our first shows and then a week later the guy 743 00:39:47,940 --> 00:39:50,850 had done like 50 interviews. And yeah, yeah, yeah, yeah, 744 00:39:50,860 --> 00:39:54,070 yeah, yeah. Luke was that big a catch 745 00:39:54,080 --> 00:39:57,490 actually that week. But you guys, yeah, because I 746 00:39:57,500 --> 00:39:59,740 remember because you guys booked him like 3 weeks ahead, right? 747 00:40:00,180 --> 00:40:01,660 Because you guys are ahead of stuff. 748 00:40:01,980 --> 00:40:05,450 You've got him. Didn't come on the morning show 749 00:40:05,460 --> 00:40:09,290 like the morning of or before. It was like, you know, like 10 750 00:40:09,380 --> 00:40:11,890 interviews going into it, like, OK. 751 00:40:12,860 --> 00:40:14,450 I love that about Luca. Good. 752 00:40:14,460 --> 00:40:17,330 Good for him, dude. Like he he's he's cooking and 753 00:40:17,340 --> 00:40:19,480 I'm gonna let him cook you. You ever had to punch your 754 00:40:19,490 --> 00:40:21,510 little punch, Kelly? You you strike me as a little 755 00:40:21,520 --> 00:40:23,680 pudgy type of guy. Amanda talked me out of it. 756 00:40:24,060 --> 00:40:25,510 I wanted to go big in the pudgies. 757 00:40:25,520 --> 00:40:33,000 Amando talked me out of it. Actually the OG, the OG. 758 00:40:33,140 --> 00:40:35,600 Don't think Mando would talk you out of pudgies. 759 00:40:37,330 --> 00:40:38,990 Commando. And he's just not a good animal 760 00:40:39,000 --> 00:40:41,620 kind of guy. Woman ever since he told his 761 00:40:41,630 --> 00:40:44,270 apes apes were never cool. He never liked them. 762 00:40:46,810 --> 00:40:49,710 Don't worry. Like when you no mention of 763 00:40:49,720 --> 00:40:51,280 little puppies for three years. So. 764 00:40:52,260 --> 00:40:54,130 Yeah, he's done. Person, I believe. 765 00:40:54,200 --> 00:40:56,770 No, no, no. Was it one of those? 766 00:40:57,320 --> 00:40:58,490 I don't buy it. I don't. 767 00:40:58,500 --> 00:41:00,060 Are you trying to see a home record? 768 00:41:00,920 --> 00:41:03,190 You will not separate us. Are you trying to be a 769 00:41:03,200 --> 00:41:05,650 homewrecker here? This guy plan E comes on the 770 00:41:05,660 --> 00:41:08,370 show 3 days in a row, gets a week of fucking fame. 2 weeks 771 00:41:08,380 --> 00:41:10,250 ago comes. Here comes the give me a home 772 00:41:10,260 --> 00:41:12,150 wrecker. You gotta have the receipt. 773 00:41:13,160 --> 00:41:16,770 You got to have receipts always as well. 774 00:41:16,780 --> 00:41:19,770 He's just, he's just, he's just a speaker at this time. 775 00:41:20,220 --> 00:41:23,170 Because of the new rock radio. Thing Yeah, yeah, whatever. 776 00:41:23,180 --> 00:41:24,930 Now it's shows we're still hosting. 777 00:41:24,940 --> 00:41:27,630 In post on this show again. We're on video, by the way. 778 00:41:27,640 --> 00:41:30,780 Go on rugby's account directly. Our cliffs are fired like we're 779 00:41:30,790 --> 00:41:32,390 killed. Anyways, let's speed it up here. 780 00:41:32,440 --> 00:41:34,510 Let's speed up here. And let's let's go into our 781 00:41:34,520 --> 00:41:40,580 last, our last, our last topic of the day before we we 782 00:41:40,590 --> 00:41:44,430 interview our our stubs, artists of the we were frantic TVL hits, 783 00:41:44,440 --> 00:41:46,270 all time highs. I'm going to give it. 784 00:41:46,420 --> 00:41:48,840 The the king of France tech here. 785 00:41:48,910 --> 00:41:50,900 The great Mando. The great Mando. 786 00:41:50,910 --> 00:41:53,490 I mean titles. No. 787 00:41:53,500 --> 00:41:55,690 You're you're you're dude. You're lucky even sell your 788 00:41:55,700 --> 00:41:57,350 shit. I your friend, they actually end 789 00:41:57,360 --> 00:42:01,450 up losing like 1000 plus like that's my I I just my size but 790 00:42:01,460 --> 00:42:06,240 you're over 3. You're alright, but we'll see. 791 00:42:06,250 --> 00:42:08,860 Maybe this week we'll give you another chance to redemption 792 00:42:08,870 --> 00:42:10,320 time. I think you do deserve a second 793 00:42:10,330 --> 00:42:11,950 chance. But Mando and by the way do have 794 00:42:11,960 --> 00:42:14,480 great guy, I mean bread guys like the the, the the CEO of 795 00:42:14,490 --> 00:42:16,960 friend Tech, CEO of Frontex is listening. 796 00:42:17,010 --> 00:42:18,350 We got it. We should have him up, but we 797 00:42:18,360 --> 00:42:21,560 should also do an episode just with him to go over everything 798 00:42:21,570 --> 00:42:22,880 for. First of all, how many points 799 00:42:22,890 --> 00:42:24,330 did you get? Mando? 800 00:42:24,340 --> 00:42:26,320 Like what's your points leaderboard on Friday? 801 00:42:26,330 --> 00:42:27,900 And then tell us more about these updates. 802 00:42:28,730 --> 00:42:32,540 I think I have about 7000 points or something like that, which is 803 00:42:32,550 --> 00:42:35,300 not yet like it feels high, it's in the diamond group but then 804 00:42:35,310 --> 00:42:39,390 like Levi's got like 280,000 or something so it's like well 805 00:42:39,400 --> 00:42:44,210 350,000 something ridiculous. So yeah it's umm yeah you can 806 00:42:44,220 --> 00:42:47,610 feel pretty, pretty small in in the points in the points tally. 807 00:42:47,660 --> 00:42:51,150 But it's yeah, we don't need to we don't need to like continue 808 00:42:51,160 --> 00:42:53,730 to maintain this every show. But yeah, hit at the highs again 809 00:42:53,740 --> 00:42:57,700 for TVL, hit something at the highest users. 810 00:42:57,710 --> 00:43:00,100 What actually happened is they nerfed all the different people 811 00:43:00,110 --> 00:43:02,680 who were self buying. So all those people who bought 812 00:43:02,690 --> 00:43:09,800 their own friend tech keys, they then either sold them and 813 00:43:09,810 --> 00:43:13,560 rotated into other 33 buyers, or they just bought other 33 814 00:43:13,570 --> 00:43:18,710 buyers. 33 buyers are the ones who basically do who who you buy 815 00:43:18,720 --> 00:43:20,670 each other shares or by each other keys. 816 00:43:20,680 --> 00:43:24,440 So that meant yeah we had an increase in TVL. 817 00:43:24,450 --> 00:43:27,670 A bunch of different accounts were big in that went up some of 818 00:43:27,680 --> 00:43:30,030 the other account, other accounts went down. 819 00:43:30,040 --> 00:43:32,790 But generally it was a it was a better week for friend tech 820 00:43:32,800 --> 00:43:36,620 particularly 33. I don't know how long that 821 00:43:36,660 --> 00:43:39,510 really can last. Like we already saw that fade 822 00:43:39,520 --> 00:43:40,720 away. It just seemed to be like a 823 00:43:40,730 --> 00:43:44,680 bunch of new funds came onto the system and now did and now doing 824 00:43:44,690 --> 00:43:46,850 33. So I reckon that will probably 825 00:43:46,860 --> 00:43:51,150 fade again, since it depends how much these these blur farmers 826 00:43:51,160 --> 00:43:54,010 who joined one or lose. But yeah, it's. 827 00:43:54,120 --> 00:43:56,110 They're ready to lose a lot. We've seen that movie. 828 00:43:56,120 --> 00:43:58,210 Before. Ready to risk at all so. 829 00:43:59,680 --> 00:44:02,340 Made the blur farmers and their ability to lose 10,000 deaths in 830 00:44:02,350 --> 00:44:05,410 the month. Yeah, exactly. 831 00:44:05,460 --> 00:44:06,470 And. People being. 832 00:44:10,800 --> 00:44:13,020 Spicy I didn't get a lot of points this time too because of 833 00:44:13,030 --> 00:44:16,780 the of the it's my highest week since the first week where we 834 00:44:16,790 --> 00:44:20,530 like cooked the points because we were early but I might 7K by 835 00:44:20,540 --> 00:44:24,110 6660 something like that and I was I got like 1000 points 836 00:44:24,120 --> 00:44:27,530 almost because of the holdings for the portfolio and of course 837 00:44:27,540 --> 00:44:30,000 bread guy leading the way here. You know I heard him on thread 838 00:44:30,010 --> 00:44:32,990 guy space early early and I was like he's going to be the CEO of 839 00:44:33,000 --> 00:44:34,850 friend tech. I just caught it early and I was 840 00:44:34,860 --> 00:44:36,630 like, I gotta just make sure I have one of his keys. 841 00:44:36,640 --> 00:44:39,260 He actually he's on right now. Let me bring him on for a couple 842 00:44:39,270 --> 00:44:42,290 of minutes and we'll do another. Uh, bigger, bigger interview 843 00:44:42,300 --> 00:44:47,540 with with Brad here, but Brett Guy GSM the CEO of Frantic 844 00:44:47,550 --> 00:44:48,660 himself. How you doing? 845 00:44:50,110 --> 00:44:51,780 What up, knuckleheads? How you doing? 846 00:44:53,140 --> 00:44:57,040 Of that so so tell us more about this like so how how give us 847 00:44:57,050 --> 00:44:59,240 give maybe a quick rundown on how things are going on French 848 00:44:59,250 --> 00:45:01,580 right now. But I do wanna save this moment 849 00:45:01,590 --> 00:45:04,680 for like maybe a 1015 minute segment we can maybe dive deeper 850 00:45:04,730 --> 00:45:08,380 maybe Friday since this points day or something but what there 851 00:45:08,390 --> 00:45:11,260 was new TV out high TVL hit like what are you seeing right now on 852 00:45:11,270 --> 00:45:14,220 friend tech that makes it. I want to ask you say what keeps 853 00:45:14,230 --> 00:45:18,090 it exciting, This at this point on frantic for you. 854 00:45:19,580 --> 00:45:22,820 Honestly, so many kind of nailed it and it's trying to just like 855 00:45:22,830 --> 00:45:25,160 predict the next meta and position yourself forward 856 00:45:25,170 --> 00:45:28,020 because money, money is going to keep flowing in until the math 857 00:45:28,030 --> 00:45:29,980 doesn't make sense for these farmers, right. 858 00:45:29,990 --> 00:45:32,920 So it's trying to predict their their next move so that we can 859 00:45:32,930 --> 00:45:36,870 position to capture the upside there because they they're going 860 00:45:36,880 --> 00:45:39,020 to be splashing around and if you're in the right spot that 861 00:45:39,030 --> 00:45:41,160 means you're going to catch a pump and you can potentially 862 00:45:41,170 --> 00:45:44,260 flip it into more funds and keep the Ponzi going basically. 863 00:45:45,550 --> 00:45:48,290 This is so well explained. It's so straight to the point. 864 00:45:48,360 --> 00:45:49,930 What do we think is gonna be the next matter? 865 00:45:49,940 --> 00:45:53,050 I mean, are you are you finding 33 effective bread guy in there? 866 00:45:53,060 --> 00:45:56,090 I know you, you, you, you actually came to him in. 867 00:45:56,100 --> 00:45:59,140 He had this like whole explainer ready with like a table of 868 00:45:59,150 --> 00:46:00,970 everything of three, three, etcetera. 869 00:46:00,980 --> 00:46:04,640 But are you finding it still to be an effective technique? 870 00:46:06,190 --> 00:46:08,880 Yeah, it is. But it's like we also know not 871 00:46:08,890 --> 00:46:10,340 everyone has infinite capital, right. 872 00:46:10,350 --> 00:46:12,640 So just like Amanda saying at some point it's going to get the 873 00:46:12,650 --> 00:46:15,540 pleated and you're just going to hold steady until you can your 874 00:46:15,550 --> 00:46:18,220 trade bag goes up or whatever. So it's been effective to a 875 00:46:18,230 --> 00:46:20,980 point but without, you know more people pushing each other up 876 00:46:20,990 --> 00:46:22,900 then yeah, you kind of find a spot for stops. 877 00:46:22,910 --> 00:46:25,440 But right now I think we're everyone's looking is 1 trying 878 00:46:25,450 --> 00:46:28,080 to gauge the health of the community to see like our 879 00:46:28,090 --> 00:46:29,920 defections going to start coming and it's going to start 880 00:46:29,930 --> 00:46:35,300 cannibalising or is like as more, more former players come 881 00:46:35,310 --> 00:46:36,960 into the ecosystem. Like I would call them 882 00:46:36,970 --> 00:46:39,250 enterprise level players, where they going to position 883 00:46:39,260 --> 00:46:42,330 themselves and how we're going to, yeah, catch wherever they're 884 00:46:42,340 --> 00:46:43,920 going to drop their stuff because they are looking to do 885 00:46:43,930 --> 00:46:45,880 33 stuff. You're seeing a lot of people 886 00:46:45,890 --> 00:46:48,520 doing that held their own keys, they're doing strategic swaps 887 00:46:48,530 --> 00:46:51,210 where they'll go to someone else with a similar key price and say 888 00:46:51,300 --> 00:46:54,350 I'm going to sell two of mine, you sell two of yours, will buy 889 00:46:54,360 --> 00:46:57,380 two of each others and then that's how you distribute in the 890 00:46:57,390 --> 00:46:59,050 network. But even that's going to have a 891 00:46:59,060 --> 00:47:01,130 lifeline, or, you know, a lifeline on it. 892 00:47:02,690 --> 00:47:04,020 Deep. I mean, how much longer you 893 00:47:04,030 --> 00:47:06,620 gonna keep the Three Three going, man, though it's a lot of 894 00:47:06,630 --> 00:47:09,230 work. I mean I'm doing 3, three I've 895 00:47:09,240 --> 00:47:13,020 I'm well I'm gonna do a couple more today but I'm on yeah. 896 00:47:13,030 --> 00:47:15,620 Basically 90 holders 95 holdings. 897 00:47:15,630 --> 00:47:18,510 So wow. I'm I'm sweet. 898 00:47:19,400 --> 00:47:21,550 It was that one day where you did like all of them at once. 899 00:47:21,560 --> 00:47:23,910 I think it helps. I have to always kind of like 900 00:47:23,920 --> 00:47:27,770 over one, if it's like it, it becomes very tough and I think 901 00:47:27,780 --> 00:47:30,390 that's kind of a funny thing like you have to pay for the 902 00:47:30,400 --> 00:47:32,150 lower accounts. They're kind of being abused to 903 00:47:32,160 --> 00:47:36,310 a certain extent because these big accounts, all three, three 904 00:47:36,320 --> 00:47:38,210 with me. And I thought, OK, so you bought 905 00:47:38,220 --> 00:47:40,310 mine for nought point nought nought one. 906 00:47:40,400 --> 00:47:42,490 I put it by yours. For two, I made that. 907 00:47:42,600 --> 00:47:44,750 That's why I made those commandments cause like yeah 908 00:47:44,760 --> 00:47:46,900 that's some toxic as shit behaviour and I have people that 909 00:47:46,910 --> 00:47:48,790 do it for me too. I have a higher price key and 910 00:47:48,800 --> 00:47:51,600 I'll have like L by me. He's like 3 1/2 each. 911 00:47:51,610 --> 00:47:54,550 And listen bro, like I just had six people buy me today like 912 00:47:54,560 --> 00:47:57,390 there's no no way I can I can start dropping this for all you 913 00:47:57,400 --> 00:47:59,170 do is dangling hanging over my head. 914 00:47:59,220 --> 00:48:03,650 So like whenever whenever I buy anyone, I specifically go into 915 00:48:03,660 --> 00:48:05,090 chat. Like dude, do not you have no 916 00:48:05,100 --> 00:48:07,200 obligation to buy me back like. You know, do your thing. 917 00:48:07,210 --> 00:48:09,200 I was just trying to show you some support on us. 918 00:48:09,620 --> 00:48:12,740 You know, like I'm just making my rounds, you know, I'm quite 919 00:48:12,750 --> 00:48:13,890 expensive. I'm too expensive. 920 00:48:13,900 --> 00:48:15,020 For you. So, like, stay back. 921 00:48:15,030 --> 00:48:18,090 That's the thing, right? Like I get, I get attention from 922 00:48:18,100 --> 00:48:20,530 bigger dudes I have these MF's buying me. 923 00:48:20,540 --> 00:48:23,300 I should then funnel that down the road to those guys that are 924 00:48:23,310 --> 00:48:26,600 like practising good behaviour, not being toxic AF and like, 925 00:48:26,610 --> 00:48:29,110 show them look. Listen, you are doing so well 926 00:48:29,120 --> 00:48:31,420 and what I love about when new platforms come about, there's 927 00:48:31,430 --> 00:48:34,550 always this like one person that comes out with the platform and 928 00:48:34,590 --> 00:48:36,890 sometimes more than one, whatever, like and all these 929 00:48:36,900 --> 00:48:39,010 runs and. It's that become like the like 930 00:48:39,020 --> 00:48:41,670 go to person for like information and like cool things 931 00:48:41,680 --> 00:48:43,910 and there's been a few in this case but obviously Brett Guy one 932 00:48:43,920 --> 00:48:47,450 of them loving that like Tyler did it arc with friend tech who 933 00:48:47,460 --> 00:48:50,560 I know you quote him on your mandolinist when you when you do 934 00:48:50,570 --> 00:48:52,870 that Frontex stuff. I'm just really appreciating 935 00:48:52,880 --> 00:48:56,050 like always, it's always smaller creators too, because like I'm 936 00:48:56,060 --> 00:48:59,070 personally like overwhelmed and I think from if I was an 937 00:48:59,080 --> 00:49:02,200 individual creator and not a founder that had all the other 938 00:49:02,210 --> 00:49:03,750 stuff that I probably have more time. 939 00:49:03,760 --> 00:49:06,400 But for soul creator that you're individual, you're trying to get 940 00:49:06,410 --> 00:49:08,300 some money out of your create content creation and your 941 00:49:08,310 --> 00:49:10,630 community you're building. And actually do something like 942 00:49:10,640 --> 00:49:14,070 cool like it's still great. And no 20 PA 70, we are 943 00:49:14,080 --> 00:49:16,110 sponsored by frantic right. I do wish. 944 00:49:16,120 --> 00:49:18,220 Listen it's gonna have to be either the Catholic Church for 945 00:49:18,230 --> 00:49:20,330 what we talked about on Friday or fintech. 946 00:49:20,340 --> 00:49:23,290 But we're we're definitely looking for one of the two to to 947 00:49:23,300 --> 00:49:27,440 work with us. And would never say no. 948 00:49:27,450 --> 00:49:29,260 I mean bread guy, You should definitely come back on 949 00:49:29,270 --> 00:49:32,220 Wednesday because we we're gonna have Jesse Pollack come on the 950 00:49:32,230 --> 00:49:33,400 show. Maybe we'll ask him some. 951 00:49:33,730 --> 00:49:35,070 Maybe. Does he did he make your friend 952 00:49:35,080 --> 00:49:36,440 take account yet? I don't. 953 00:49:36,450 --> 00:49:37,440 Think he did. I bought it. 954 00:49:37,450 --> 00:49:39,740 I paper handed it. He did. 955 00:49:39,750 --> 00:49:42,570 OK, so maybe we'll ask him quick thoughts on the on fintech, 956 00:49:42,580 --> 00:49:45,860 given that it's been, you know taking a lot of attention on 957 00:49:45,870 --> 00:49:48,800 base as a whole. I don't know if Mando Cali, did 958 00:49:48,810 --> 00:49:51,000 you wanna ask at something to to break it? 959 00:49:51,010 --> 00:49:53,150 If not, I'm gonna obviously connect with his background 960 00:49:53,160 --> 00:49:54,120 make. Let's chat. 961 00:49:54,130 --> 00:49:55,370 Let's do a proper chat this. Week. 962 00:49:56,140 --> 00:49:58,610 Full full download. Let's do it. 963 00:49:58,620 --> 00:50:00,060 Let's do it. Let's do a proper chat. 964 00:50:00,130 --> 00:50:02,540 A proper chat, Proper chat. Was that your bread guy? 965 00:50:02,550 --> 00:50:04,260 I appreciate you. I was thinking is bread guy. 966 00:50:04,270 --> 00:50:05,690 We have Fred guy that we have bread guy. 967 00:50:05,700 --> 00:50:10,140 You know the the next. So, so the bread guy is the 968 00:50:10,150 --> 00:50:12,380 version of thread guy that actually gets bread, right? 969 00:50:12,390 --> 00:50:14,920 Is that what it is? Like one of them writes. 970 00:50:14,930 --> 00:50:17,950 Threads whenever you can open edition, reeling in 100 each. 971 00:50:17,960 --> 00:50:19,980 Then we can start talking. He's ready. 972 00:50:21,530 --> 00:50:25,160 Next is somebody else setting up the open edition for you. 973 00:50:25,380 --> 00:50:28,070 So you make a hundred. That's the flex. 974 00:50:28,140 --> 00:50:31,130 That's the biggest flag so you don't need to do it yourself. 975 00:50:31,180 --> 00:50:34,810 But anyways, is our artist of the week in the audience? 976 00:50:34,820 --> 00:50:37,090 I'm like ohh yeah, see I'm saying if you want to I just 977 00:50:37,100 --> 00:50:39,950 sent you a quick little invite first. 978 00:50:39,960 --> 00:50:43,250 Well saying computer blood is is our artist this week. 979 00:50:43,440 --> 00:50:44,960 This this stuff is going to be fire. 980 00:50:44,970 --> 00:50:51,430 I sent you a link another link. I sent you a a an invite here 981 00:50:51,600 --> 00:50:53,470 but computer. Guys gonna join us so we can get 982 00:50:53,480 --> 00:50:56,570 into our our weekly segment with the stubs. 983 00:50:56,580 --> 00:50:59,730 Oh my God. But anyways any. 984 00:51:00,120 --> 00:51:01,870 I don't know man. I'm thinking about you know 985 00:51:01,880 --> 00:51:04,270 obviously like to stay on FT while I try to get computer 986 00:51:04,280 --> 00:51:05,600 blood on. Maybe Sims can help me in the 987 00:51:05,610 --> 00:51:07,320 background but doesn't seem to be working yet. 988 00:51:07,920 --> 00:51:12,190 But you know I just wonder like at one point like you know 989 00:51:12,260 --> 00:51:15,930 people are not going to be as as as engaged and entertained with 990 00:51:15,940 --> 00:51:17,690 it but still hasn't happened fully yet. 991 00:51:17,700 --> 00:51:19,730 So there's inflows. Numbers don't lie. 992 00:51:19,780 --> 00:51:22,410 The return number was my biggest stat that I just picked up from 993 00:51:22,420 --> 00:51:23,400 Tyler's tweet. Is like what? 994 00:51:23,470 --> 00:51:26,870 31% up from users that return to the platform. 995 00:51:26,880 --> 00:51:29,790 So that's a positive because with all these Web 3 social 996 00:51:29,800 --> 00:51:33,370 platforms thus far, we immediately saw a decline almost 997 00:51:33,380 --> 00:51:35,090 to 0. Remember Blue sky? 998 00:51:35,200 --> 00:51:39,150 That's cool for like 36 hours. It's definitely made it past 999 00:51:39,160 --> 00:51:41,790 that initial kind of like new toy phase. 1000 00:51:41,830 --> 00:51:45,670 Yeah, exactly that. But is that because of like the 1001 00:51:45,680 --> 00:51:51,150 three three mechanic like? The the previous kind of like 1002 00:51:51,160 --> 00:51:53,810 protocols that used the same mechanic also made it past the 1003 00:51:53,820 --> 00:51:56,990 new toy phase and then. The whole thing collapsed, but I 1004 00:51:57,000 --> 00:52:00,720 think. As we said this, this has got 1005 00:52:00,730 --> 00:52:05,070 more intrinsic value I think, but it's interesting because 333 1006 00:52:05,080 --> 00:52:08,530 is the payoff from cooperating ohh doing the same action. 1007 00:52:08,600 --> 00:52:11,610 And like I was just thinking then about the difference 1008 00:52:11,620 --> 00:52:13,910 between buying a small person's key and buying the other 1009 00:52:13,920 --> 00:52:18,430 person's key like the bonding curve increase, it's not 33 like 1010 00:52:18,500 --> 00:52:21,520 if you buy a small person's key it's like the bonding increases 1011 00:52:21,530 --> 00:52:23,240 like nought point. No no no one is. 1012 00:52:23,250 --> 00:52:26,630 If you buy a big person's key it's like 10 or 20X that. 1013 00:52:26,680 --> 00:52:29,380 So actually they should be buying like. 1014 00:52:30,430 --> 00:52:34,040 Right. So it's like. 3. 1 1/2. 1015 00:52:34,700 --> 00:52:37,430 It's it's not equal. It's not 33. 1016 00:52:37,440 --> 00:52:39,860 It's like. XY. 1017 00:52:40,430 --> 00:52:42,980 XY that's so funny. It's definitely it's definitely 1018 00:52:42,990 --> 00:52:44,940 different. Anyways we do have a computer 1019 00:52:44,950 --> 00:52:48,080 blood here I'm sure we'll we'll talk about it more this week 1020 00:52:48,210 --> 00:52:51,090 it's gonna it's there if you got some ports I'm curious put in 1021 00:52:51,100 --> 00:52:54,480 the in the in the chat on YouTube or on the on on the on 1022 00:52:54,490 --> 00:52:59,440 Twitter sorry on X should I say the amount of the amount of of 1023 00:52:59,450 --> 00:53:00,880 points that you got. I'm actually I was curious to 1024 00:53:00,890 --> 00:53:03,920 see how it's going over all but this week seems to have been 1025 00:53:03,930 --> 00:53:05,320 much bigger one than the previous weeks. 1026 00:53:05,330 --> 00:53:08,920 Anyways, we do have will saying computer bought on stage GMGM. 1027 00:53:08,930 --> 00:53:13,310 How you doing? Hey what's up guys? 1028 00:53:13,380 --> 00:53:16,830 Sorry I had a had a stink bug in my studio. 1029 00:53:16,840 --> 00:53:18,770 I had to get rid of it. Things are. 1030 00:53:18,780 --> 00:53:22,520 Taking over, you know you don't have stink bugs. 1031 00:53:22,530 --> 00:53:26,930 There's weird looking like hexagon bugs that spray stuff 1032 00:53:26,940 --> 00:53:28,810 out of their ass. I don't know. 1033 00:53:28,820 --> 00:53:29,930 How big? How big? 1034 00:53:30,040 --> 00:53:32,080 I'm looking at one. Wait, first of all, where do you 1035 00:53:32,090 --> 00:53:33,710 live? And think of all How big was it? 1036 00:53:35,570 --> 00:53:38,540 I mean, these things are like everywhere now. 1037 00:53:38,550 --> 00:53:41,720 They're invasive. It's like the size of a, I don't 1038 00:53:41,730 --> 00:53:43,800 know, like your pinky, pinky finger. 1039 00:53:45,240 --> 00:53:48,630 No, not the whole finger, just the nail the size of a penny. 1040 00:53:48,980 --> 00:53:50,500 Oh, really? And they they just, like, stick 1041 00:53:50,510 --> 00:53:54,010 your room up. Yeah, they're terrible. 1042 00:53:54,020 --> 00:53:56,520 They get everywhere. Like their whole laundry smells 1043 00:53:56,530 --> 00:53:59,940 like them so. Yeah, I just moved into a new 1044 00:53:59,950 --> 00:54:04,720 place and they're already freaking out trying to trying to 1045 00:54:04,730 --> 00:54:09,120 do the like John Goodman and Arachnophobia. 1046 00:54:10,300 --> 00:54:13,560 I I feel that this I'm I'm not a big insect guy I don't. 1047 00:54:13,570 --> 00:54:16,480 I I I don't I don't like insects at all actually I'm not gonna 1048 00:54:16,490 --> 00:54:18,760 lie I'm not even gonna make it seem like whatever but yeah 1049 00:54:18,770 --> 00:54:20,980 someone saying never step on the stink bug shit. 1050 00:54:21,050 --> 00:54:23,640 Well listen I'm I'm glad you got rid of that right before the 1051 00:54:23,650 --> 00:54:26,210 show so we could talk about something perhaps a little more 1052 00:54:26,220 --> 00:54:29,480 entertaining and and and and also something that the the 1053 00:54:29,490 --> 00:54:31,840 viewers and the listeners were like better is just a reminder 1054 00:54:31,910 --> 00:54:34,570 while well think is on with us on audio I'll be on video 1055 00:54:34,580 --> 00:54:37,670 showing the video the video I mean that his art and everything 1056 00:54:37,680 --> 00:54:39,330 that we're talking about. Why don't you just quickly 1057 00:54:39,340 --> 00:54:41,110 introduce yourself to our to our audience? 1058 00:54:41,180 --> 00:54:44,160 Or tell them you know who you are and and you know what your 1059 00:54:44,170 --> 00:54:50,500 art is about. Well, I'm a I'm an artist based 1060 00:54:50,510 --> 00:54:55,260 out of Appalachia, so I live outside of Asheville and I'm a 1061 00:54:55,310 --> 00:54:59,420 traditionally I'm a pen and ink illustrator and I also do large 1062 00:54:59,470 --> 00:55:04,140 abstract paintings, usually of diseases and things of obtuse 1063 00:55:04,150 --> 00:55:07,890 natures, but. You know, really since the end 1064 00:55:07,900 --> 00:55:11,980 of T Revolution I've switched more to a digital palette and 1065 00:55:11,990 --> 00:55:14,870 it's been really it's been quite the adventure. 1066 00:55:14,880 --> 00:55:18,490 I'm growing as an artist and I just kind of fell in love with 1067 00:55:18,500 --> 00:55:22,150 the glitch style saying this, it's kind of taken over my 1068 00:55:22,160 --> 00:55:26,050 process at the moment, so and I think it's pretty indicative of, 1069 00:55:26,100 --> 00:55:31,270 you know, this piece is. Kind of my feelings on Web Three 1070 00:55:31,280 --> 00:55:34,240 and it's just this constantly evolving. 1071 00:55:37,110 --> 00:55:39,140 Entity that we're all sharing so. 1072 00:55:41,380 --> 00:55:43,090 So what? What did you what did you when 1073 00:55:43,100 --> 00:55:45,750 did you, did you did you end up in the space like when? 1074 00:55:45,760 --> 00:55:49,890 When was the time that you you saw, you saw, you know NFT and 1075 00:55:49,900 --> 00:55:52,790 you decided to like embark on this journey and of digital art 1076 00:55:52,800 --> 00:55:57,530 and minting your work? Well, I I kind of had art on the 1077 00:55:57,540 --> 00:56:00,970 back burner and during COVID, it just kind of forced me to start 1078 00:56:00,980 --> 00:56:03,520 doing my art again, which was you know one of the positive 1079 00:56:03,530 --> 00:56:07,000 things to come out of that. And that just so happens that's 1080 00:56:07,010 --> 00:56:10,730 about when NFT really started to take take off or really become, 1081 00:56:10,800 --> 00:56:12,920 you know, get on my radar. They've been around. 1082 00:56:13,850 --> 00:56:16,930 You know before that, but I guess it's been two to three 1083 00:56:16,940 --> 00:56:20,360 years since I started. Dabbling into it and I, I looked 1084 00:56:20,370 --> 00:56:22,390 up. One of my first collectors was 1085 00:56:22,530 --> 00:56:24,460 Vince Fando and. Kind of took me. 1086 00:56:25,270 --> 00:56:27,860 So I just it was a deep dive right in. 1087 00:56:27,870 --> 00:56:31,120 I've learned a lot along the way and I've just had amazing 1088 00:56:31,470 --> 00:56:34,930 collectors and other artist friends just just to grow with. 1089 00:56:35,670 --> 00:56:36,780 That's really cool. Yeah. 1090 00:56:36,790 --> 00:56:38,980 You have a nice set of of of collectors. 1091 00:56:38,990 --> 00:56:41,550 I'm on your. I'm on the foundation here on 1092 00:56:41,560 --> 00:56:43,680 the stream. And of course you know be 1093 00:56:43,690 --> 00:56:46,420 careful with all all the artists that we have on here. 1094 00:56:46,430 --> 00:56:47,980 They all do a lot of crazy glitch stuff. 1095 00:56:47,990 --> 00:56:49,820 So you know I feel like we need that. 1096 00:56:49,830 --> 00:56:52,120 What's it called the advisory before we we put it on the 1097 00:56:52,130 --> 00:56:53,700 screen. I think I have that on the red 1098 00:56:53,710 --> 00:56:57,780 guy website. The OHH forgot the word, damn 1099 00:56:57,790 --> 00:57:00,120 it. The seizure warning. 1100 00:57:00,550 --> 00:57:03,680 Yeah, because if you. If you check the rug radio 1101 00:57:03,990 --> 00:57:06,480 e-mail, I did follow up with another piece that. 1102 00:57:06,920 --> 00:57:12,010 It's a sign that I use in my IRL gallery shows that's a a sensory 1103 00:57:12,340 --> 00:57:14,450 warning. So yeah, you'll see that you can 1104 00:57:14,510 --> 00:57:16,010 you guys comment that if you want to? 1105 00:57:17,370 --> 00:57:18,900 So great. They've been sensory word. 1106 00:57:18,910 --> 00:57:20,380 I mean that you talk about rock radio. 1107 00:57:20,430 --> 00:57:22,680 You know let's talk about this piece you got going on for us. 1108 00:57:22,690 --> 00:57:26,320 I mean that that's something that is that is that is that 1109 00:57:26,330 --> 00:57:27,670 there's a lot going on over here. 1110 00:57:27,680 --> 00:57:29,400 I need to know what's going on in your head when you're 1111 00:57:29,410 --> 00:57:32,380 creating that. First of all because I don't 1112 00:57:32,390 --> 00:57:33,880 think this comes from the stink bugs. 1113 00:57:34,070 --> 00:57:36,490 Like I need to know what's happening in your head when 1114 00:57:36,500 --> 00:57:37,720 you're creating something like that. 1115 00:57:37,730 --> 00:57:40,620 And second of all, I need to understand what is going on in 1116 00:57:40,630 --> 00:57:46,520 the piece that's called. Infinitum edged sword, web three 1117 00:57:46,530 --> 00:57:50,360 bra, Right is what? It's an infinitum edged sword 1118 00:57:50,370 --> 00:57:52,180 web three bra. I mean, what's happening in 1119 00:57:52,190 --> 00:57:55,840 there? Ohh yeah there's there's a lot 1120 00:57:55,850 --> 00:58:00,640 more going on I I took some past courses on semiotics, but. 1121 00:58:01,760 --> 00:58:05,140 You know, just kind of. Studying symbols so that it 1122 00:58:05,150 --> 00:58:08,340 comes a lot in my work and you know Manny Farber stuff, but. 1123 00:58:09,220 --> 00:58:11,450 Yeah, a lot of my stuff is stream of consciousness. 1124 00:58:11,460 --> 00:58:14,410 So I'll sit down and I'll just, I'll have intent behind a piece 1125 00:58:14,420 --> 00:58:17,730 and then it changes and I just go with it, just keep going with 1126 00:58:17,740 --> 00:58:20,470 it. And the glitch aspect is kind of 1127 00:58:20,480 --> 00:58:24,430 nice because it adds to that fleeting sensation, kind of like 1128 00:58:24,440 --> 00:58:27,560 music. So as I'm drawing this thing 1129 00:58:27,570 --> 00:58:30,250 about Web three, what it means to me, symbols pop up. 1130 00:58:30,260 --> 00:58:31,710 So I just, I just keep going with it. 1131 00:58:31,760 --> 00:58:36,800 And the Web Three bra. Obviously the zebra playoff 1132 00:58:36,810 --> 00:58:40,600 that. I think it about it more it it 1133 00:58:41,070 --> 00:58:46,150 has a lot to do with. Just a strange evolution as 1134 00:58:46,160 --> 00:58:49,870 technology advances and how it merges with culture and how we 1135 00:58:50,160 --> 00:58:54,000 how we approach approach that area of our life. 1136 00:58:54,010 --> 00:58:58,940 And it's a zebras wild, but then it's kind of like a horse where 1137 00:58:59,040 --> 00:59:02,930 it's seemingly tamable. So I think of going somewhere 1138 00:59:02,940 --> 00:59:06,990 along those lines with that and it strikes so a solo zebra 1139 00:59:07,860 --> 00:59:10,980 stands out, but when they work together, you know, they kind of 1140 00:59:10,990 --> 00:59:14,010 blend in and they become deceptive against the predator. 1141 00:59:14,240 --> 00:59:17,880 So it's kind of like a a common a commentary on 1142 00:59:18,510 --> 00:59:21,930 decentralisation. But at the same time, for 1143 00:59:21,940 --> 00:59:25,160 decentralisation to work it requires unity. 1144 00:59:25,250 --> 00:59:29,170 So the Web 3 by the zebra part of that attending at that. 1145 00:59:31,540 --> 00:59:32,870 What other symbols do we have in there? 1146 00:59:32,880 --> 00:59:34,600 The swords? Ohh yeah so the other part of 1147 00:59:34,610 --> 00:59:37,300 the title. So some of that I think is 1148 00:59:37,310 --> 00:59:40,490 mostly. Once you get the proverbial 1149 00:59:40,560 --> 00:59:44,480 sword from the stone, so as technology advances away from. 1150 00:59:45,210 --> 00:59:49,700 I used more of like the Stone Age reference here, so we're 1151 00:59:49,710 --> 00:59:53,090 pulling that sort out. We're progressing, we're 1152 00:59:53,100 --> 00:59:55,350 advancing. So the double edged Ness, the 1153 00:59:55,360 --> 00:59:58,670 infinitum, that's kind of the the possibilities of Web 3 where 1154 00:59:58,680 --> 01:00:01,960 we're going with this, but also how we need to be careful, we 1155 01:00:01,970 --> 01:00:05,000 need to. You, you know, wield this power 1156 01:00:05,010 --> 01:00:08,830 carefully and thoughtfully. So I think that's where the 1157 01:00:08,840 --> 01:00:10,850 swords coming out of the computer screen are. 1158 01:00:11,600 --> 01:00:13,870 I think that's what I'm saying there. 1159 01:00:14,280 --> 01:00:15,480 All right. No, I listen. 1160 01:00:15,490 --> 01:00:18,750 I, I, I I like, I like picking it the artist brains every every 1161 01:00:18,760 --> 01:00:21,750 Monday on the show to understand what goes on in there for them 1162 01:00:21,760 --> 01:00:23,470 to create that. And then the background, of 1163 01:00:23,480 --> 01:00:25,210 course, because this is what you'll be collecting if you have 1164 01:00:25,220 --> 01:00:29,930 stubs from, from, from, from, from the radio collection. 1165 01:00:29,940 --> 01:00:31,250 So you know there's no code needed. 1166 01:00:31,580 --> 01:00:34,160 You can just go on the website as usual and claim your stuff. 1167 01:00:34,170 --> 01:00:36,860 So I guess I kind of want to ask you, well said, you know, like 1168 01:00:36,920 --> 01:00:39,250 what comes next, right. You're doing stuff with us today 1169 01:00:39,480 --> 01:00:42,670 and and obviously like you've been around for a minute. 1170 01:00:42,800 --> 01:00:45,240 I'm assuming that, you know, you stuck around bear markets, you 1171 01:00:45,250 --> 01:00:48,130 have some really cool stuff that are coming next, but where what? 1172 01:00:48,140 --> 01:00:49,930 What's coming next? You know, where can people 1173 01:00:49,940 --> 01:00:53,270 participate if they, they appreciate your art and and you 1174 01:00:53,280 --> 01:00:57,790 know, keep in touch with you? Well, I have an ongoing series 1175 01:00:57,800 --> 01:00:59,660 right now. I was fired. 1176 01:01:00,530 --> 01:01:01,800 You know, just the meme community. 1177 01:01:01,810 --> 01:01:03,790 I like to do some derivative stuff every now and then. 1178 01:01:04,130 --> 01:01:05,660 A lot of what Sam Spratt was doing. 1179 01:01:05,670 --> 01:01:08,530 So I was going to run. I was going to run one day and I 1180 01:01:08,540 --> 01:01:11,210 was thinking schools of Lucy, how can I, what can I, what can 1181 01:01:11,220 --> 01:01:12,640 I do with that? Then I came up with schools of 1182 01:01:12,650 --> 01:01:17,130 Lucifer. So then as I sat down to 15, I 1183 01:01:17,140 --> 01:01:18,670 I'd challenge myself a little more. 1184 01:01:18,680 --> 01:01:23,530 So I set a timer for 666 seconds and I'd have to draw the skull 1185 01:01:23,760 --> 01:01:27,090 on that timer. And then I sent it to auction 1186 01:01:27,200 --> 01:01:32,110 for 66 minutes and it's listed at .0666, so on and so on. 1187 01:01:32,700 --> 01:01:38,470 And I think I'm currently at school 2:15, we're going to 666 1188 01:01:39,040 --> 01:01:43,990 and I'm getting ready to go to the The People event with my boy 1189 01:01:44,000 --> 01:01:47,980 Doctor Suss. And let's go. 1190 01:01:48,750 --> 01:01:53,060 So in prep of that, I'm doing a crypto punk variations for the 1191 01:01:53,070 --> 01:01:55,480 Skulls of Lucifer. But you know, if someone wants 1192 01:01:55,490 --> 01:01:59,780 to hop in, join the collection we do. 1193 01:01:59,990 --> 01:02:03,620 I do more of my 11 stuff. Every set of 25 people get 1194 01:02:03,630 --> 01:02:05,850 airdropped though. So you know, I'm just, I've got 1195 01:02:05,860 --> 01:02:09,560 all kinds of stuff going on. That's my focus right now. 1196 01:02:10,750 --> 01:02:14,140 I can't wait to get back to some of my 11 works. 1197 01:02:14,150 --> 01:02:15,640 I've done a lot of research for that. 1198 01:02:15,730 --> 01:02:19,220 That will come in time, but I'm just going day by day, man. 1199 01:02:19,810 --> 01:02:21,020 I love that. I love that. 1200 01:02:21,030 --> 01:02:22,800 I love that you working with Doctor Seuss. 1201 01:02:22,810 --> 01:02:24,900 That's just legend guys. Like he's gonna start creating 1202 01:02:24,910 --> 01:02:27,040 content on rug radio. Like his shit is sick. 1203 01:02:27,090 --> 01:02:30,320 It's hilarious like it's that the number one the best 1204 01:02:30,330 --> 01:02:34,440 application video I've ever seen posted for like rug radio 1205 01:02:34,450 --> 01:02:37,510 creators was Doctor Seuss and he's like a legend like the more 1206 01:02:37,520 --> 01:02:39,640 like fake rare like the Pepe community is hilarious. 1207 01:02:39,650 --> 01:02:42,560 Got the Vipers on like this videos, the doctor and he took a 1208 01:02:42,570 --> 01:02:44,800 meeting with Golden, our creator leader. 1209 01:02:44,870 --> 01:02:49,780 And he stayed in character the whole time like he's he's he's a 1210 01:02:49,790 --> 01:02:51,730 God. He's a God amongst us. 1211 01:02:51,810 --> 01:02:54,480 He's amongst the speaker. But you you are incredible 1212 01:02:54,490 --> 01:02:58,880 yourself because 666 seconds is is not a lot of time to create 1213 01:02:58,890 --> 01:03:00,640 all this. It's really cool and I love that 1214 01:03:00,650 --> 01:03:02,740 I'm I was just looking through all of them like you have a lot 1215 01:03:02,750 --> 01:03:05,050 of like really cool buyers. You have a lot of people that 1216 01:03:05,060 --> 01:03:06,410 are involved in it. You've built like your own 1217 01:03:06,420 --> 01:03:09,300 little community around it and I I I love seeing this like I'm 1218 01:03:09,310 --> 01:03:12,340 just going through right now and seeing the names it's really 1219 01:03:12,350 --> 01:03:16,230 awesome to see so check it out and and in your account on on 1220 01:03:16,240 --> 01:03:19,380 foundations he's fine VIVIVIV that's that's. 1221 01:03:19,530 --> 01:03:21,600 That's how you find uh well thanks. 1222 01:03:21,660 --> 01:03:25,100 Account on on there and if you want to catch him at Peoples 1223 01:03:25,110 --> 01:03:28,460 Charleston event because that is also the that's in five days. 1224 01:03:28,470 --> 01:03:30,580 That's true that's gonna be a big one. 1225 01:03:30,670 --> 01:03:33,040 So he'll be out there making some punks. 1226 01:03:33,090 --> 01:03:37,560 So make sure you check out well sick which is computer blood on 1227 01:03:37,570 --> 01:03:42,200 the on Twitter and the artwork will be available to burn for on 1228 01:03:42,270 --> 01:03:44,760 this coming Friday. Of course as you will post links 1229 01:03:44,770 --> 01:03:46,790 blah blah blah we'll mention every day on the show. 1230 01:03:46,800 --> 01:03:50,820 But again, one last time, make sure that you go into the stubs. 1231 01:03:50,910 --> 01:03:53,470 My website and claim your free stuff because all this artwork 1232 01:03:53,480 --> 01:03:56,120 you get is free. All you have to do is burn the 1233 01:03:56,130 --> 01:03:58,650 stoves for just ordering DJ's, access code or any of the rug 1234 01:03:58,660 --> 01:04:00,760 radio NFT. But we're saying thank you so 1235 01:04:00,770 --> 01:04:02,900 much for coming on today. Thank you for doing this piece 1236 01:04:02,910 --> 01:04:04,790 of art with us. It's really cool. 1237 01:04:04,850 --> 01:04:07,750 And so I can't wait to see how people receive it online as soon 1238 01:04:07,760 --> 01:04:10,500 as we get it out there. Hey, yeah, you bet. 1239 01:04:10,510 --> 01:04:12,740 Thank you so much. It's great to great to join you 1240 01:04:12,750 --> 01:04:14,420 guys this morning. Thank you. 1241 01:04:14,490 --> 01:04:18,070 Be careful out there with with the whatever they're called, all 1242 01:04:18,080 --> 01:04:20,540 the other, they're they're coming for you. 1243 01:04:20,550 --> 01:04:21,600 Just wait, you'll. See them? 1244 01:04:21,610 --> 01:04:26,600 Hey, those motherfucker. Thank you for coming in here 1245 01:04:26,610 --> 01:04:29,520 today. Medal Kelly, nice long little 1246 01:04:29,530 --> 01:04:32,300 one. Little Monday recap here. 1247 01:04:32,430 --> 01:04:34,760 That was a great one. I believe Ovie will be back 1248 01:04:34,770 --> 01:04:36,620 tomorrow. Maybe we do a little Marfa recap 1249 01:04:36,630 --> 01:04:39,200 because I saw a lot of cool stuff coming out of Marfa. 1250 01:04:39,570 --> 01:04:41,390 Sounds like a it was a lot of fun. 1251 01:04:41,400 --> 01:04:44,110 Didn't want to mention it today. Yeah, they want to talk about it 1252 01:04:44,120 --> 01:04:47,220 today because obviously, like obviously was literally there in 1253 01:04:47,230 --> 01:04:48,820 person. They didn't want us to say 1254 01:04:48,830 --> 01:04:52,140 before but but now people know there was there, right? 1255 01:04:52,230 --> 01:04:55,560 I'm not breaching. I don't really want people to 1256 01:04:55,570 --> 01:04:58,280 know that I'm off and then I sent spend the whole weekend 1257 01:04:58,290 --> 01:05:01,160 seeing pictures of him on the way to Martha. 1258 01:05:03,570 --> 01:05:08,740 Like I mentioned on the show on Friday that, yeah, there's 1259 01:05:08,750 --> 01:05:11,710 literally people and The thing is like, there's literally like 1260 01:05:11,720 --> 01:05:14,660 the biggest chads and the entire industry are in Marfa at the 1261 01:05:14,670 --> 01:05:18,280 same time like snow fro arguably is. 1262 01:05:18,630 --> 01:05:22,270 You have like all these big fund guys, like all the better. 1263 01:05:23,760 --> 01:05:26,130 Mog bad dude but. No. 1264 01:05:26,140 --> 01:05:31,460 No one's gonna bag anymore. You know in my mind you. 1265 01:05:31,510 --> 01:05:35,070 Because we we share that. But hey listen don't listen. 1266 01:05:35,160 --> 01:05:37,960 Listen we're let's let's just wait to see what happens with 1267 01:05:37,970 --> 01:05:40,630 the with crypto this week. Hopefully doesn't shit the bed 1268 01:05:40,720 --> 01:05:42,140 and we'll see where it goes from there. 1269 01:05:42,150 --> 01:05:44,560 Anyways boys that was a good show that was a lot of fun for 1270 01:05:44,570 --> 01:05:46,850 everyone. Reminder check us out on YouTube 1271 01:05:46,860 --> 01:05:48,610 we have a lot of cool content pop in there. 1272 01:05:48,900 --> 01:05:50,770 Notable guests this week I believe we're gonna have pudgy 1273 01:05:50,780 --> 01:05:52,610 Penguins looking that's come on. Oops. 1274 01:05:52,620 --> 01:05:54,630 And I believe we're gonna have also. 1275 01:05:54,750 --> 01:05:55,950 And that was for sure. It's Wednesday. 1276 01:05:55,960 --> 01:05:58,280 We have Jesse Pollack, CEO base coming on. 1277 01:05:58,290 --> 01:06:00,130 So that's gonna be a really a fire in a Bangor. 1278 01:06:00,260 --> 01:06:02,550 And if you're gonna actually, I'll be taking, making, doing 1279 01:06:02,560 --> 01:06:05,530 this suit from London. I'm coming to your ends, lads. 1280 01:06:05,540 --> 01:06:10,030 I'm coming there, probably. I'll see you at the pub with a 1281 01:06:10,040 --> 01:06:12,650 pint. Of admission chips, bangers and 1282 01:06:12,660 --> 01:06:14,970 mash. I love that I'm like bangers 1283 01:06:14,980 --> 01:06:15,740 mash. I love fish. 1284 01:06:15,750 --> 01:06:17,560 And chips he ever had Yorkshire pudding. 1285 01:06:18,430 --> 01:06:21,820 No, you take. Me Oh my God, it's basically a 1286 01:06:21,830 --> 01:06:25,570 deep fried pancake. Oh my God, I'm coming. 1287 01:06:25,630 --> 01:06:27,720 I'm coming for sure. I need to check my health, so I 1288 01:06:27,730 --> 01:06:29,010 had to go on very long hike today to feel. 1289 01:06:29,020 --> 01:06:30,970 Better, but it's healthy. It's healthy. 1290 01:06:31,020 --> 01:06:31,630 Yeah. OK. 1291 01:06:31,640 --> 01:06:32,410 OK. Yes, Sir. 1292 01:06:32,420 --> 01:06:36,850 Sounds very, very, very healthy. Anyways, as usual, as you all 1293 01:06:36,860 --> 01:06:40,090 know, this show is powered Gem Web Three is powered by cracking 1294 01:06:40,100 --> 01:06:47,950 NFC, go to kraken.com/rug radio, RUGRADIO, give it a look, the 1295 01:06:47,960 --> 01:06:51,050 NFT marketplace and everything we got coming up with them in 1296 01:06:51,100 --> 01:06:53,050 August. I kind of went in with that, 1297 01:06:53,120 --> 01:06:54,900 with that, with that. We'll see you tomorrow morning. 1298 01:06:54,970 --> 01:06:57,640 At 3:00 AM Eastern Standard Time, 7:30 AM Pacific Standard 1299 01:06:57,650 --> 01:07:00,470 Time for another episode of Jim Web 3 on rock radio. 1300 01:07:00,540 --> 01:07:01,800 Let's go.