Oh yo-yo, what up? What up?
Good morning. Good morning, GMD Monday.
Oh baby, we are so back. December 30th, 2020.
Cool, cool, cool stuff like before last day.
I can do this now we're done. What?
2025? No, this sounds safe.
Look at that. Another beautiful day to have a
beautiful day. I got my coast and that was
Mando Mandel. Good morning.
Merry Christmas. Happy holidays, Joyce Kwanzaa.
Happy Hanukkah. It's been a minute.
How you doing? I'm doing fantastic, life is
great. Took some time off purposefully
which was great. Spent some time with the family
coming back hyped to to retire the bloodline in 2025.
Dude, 2025 is going to be a big year.
Dude, I, I can feel it in my bones.
I mean, it's, it's, it's, I think it's going to be a massive
1. How do you feel about 25?
What's your, what's your outlook right now?
What's the vibe? I think I this I set up this
morning. This really gives me kind of
spring 2021 vibes. I've said that for for a bit
now. C21 Yeah.
And AI coins are the NFTS they they're going to keep on having
their own like people be interested in them.
The rest of the market I think could could be a bit shaky, I
think, which is what I've said since since it broke that
support level, right like when the Fed decided to do what it
wanted to do. And that's because it's a macro
sell off. This isn't like oh, everyone
hates crypto thing like 10 year has gone back up to 4.7% like
that's it's high. So I think we have a little bit
of working out what we want to do in Q1 and then I think
towards the end of Q1, particularly around those FTX
repayments, I think we'll start to rally and maybe around the
inauguration we'll have we'll like we'll we'll send as well.
I think that's probably a buy the news event, although maybe
around that time, but I think we could be in for a little bit of
a choppy period here. Like I don't think this is just
like a back to 110K sort of thing in the next week.
I think we'll think we'll be chopped for a little bit, which
is fine just and I just think certain bits of the market will
stay, will stay elevated and that will drive I think interest
in the space as well. Yeah, yeah, yeah.
Well, we'll talk about that in a minute.
So, short show today, Mendel's got his Invest Answers show.
And our boy Tyler, what the hell is he doing at Disney?
Tyler's at Disney all week. What the hell the hell?
So Tyler, Disney, he we sent them out as a rug video
investigation to see if Wizard of soul does wear real or fake
watches. So you know, we heard Wizard is
at Disney. So we sent we sent Tyler over to
to make sure of that. But quickly before that,
obviously we'll go through the show.
Listen, no top 100 and all that. We'll try, we'll do a very
chilled show. Mendo and I talk about the
market's outlooks and and what's happened over the weekend and
what we can't start talking on. And then we'll probably go off
tomorrow. We'll do robot spins, yadda,
yadda, yadda. But just a reminder, this show
is powered by galaxies with seamless built in monetization
tools, galaxies, neighbors, development of sustainable long
term communities, fulfilling Bitcoin's vision of
decentralized freedom and impacts from centralized
control. Oh my God, I still got it.
Look at this one week off, man, I still got it.
Fair side network, every day we see people as well as get
drained, actually a lot more now it's bull market.
Be careful please. Fair side is about to launch the
fair alternative to insurance for crypto scams.
Check out fair side network on X.
If you get drained, you won't get drained.
But anyways, Mando, I know you've been off, but let's get a
little market report from you. GM everyone.
So I would say mixed bag actually across the board kind
of here. I would say most of the left
curve stuff has has been doing pretty poorly.
Solano and Ether kind of where we we were when we were maybe
talking about it a week or so ago.
They did bounce back up maybe to 3500 and Ethan, but but Solana's
been a little bit stronger. Solana's definitely been the
strongest out of the three of them and Bitcoin is kind of
headed back to down to a pretty. I wouldn't say it's like the
most critical level of support ever, but I think we kind of
just breached that 92K level, you know, that we hit quite a
few different times, which isn't fantastic.
There's no like there's no serial coating that one that
that level was a was was was a level that we've hit multiple
times. The next like key levels of
support, I would say is probably this 88 ish K level.
That was where we kind of rested and when we hung out for about a
week in early October, sorry early November.
And then if you breach that it, it would be, it would be a
little bit more dangerous like like it would really be kind of
75, which would be kind of the key levels of support there.
We just came up very, very quickly and and there's not been
a lot of like consolidation on to kind of look for in terms of
support, but we looked like we have broken at least temporarily
this 92 to 93 K level of support that that we were holding for a
while. What, why is that?
Like I've said before, like this to me this felt like a bit of a
macro sell off. It's continued to be that stocks
have actually held up OK, but the real thing that kind of has
moved has been bond yields. So you know the, the, the US 10
year has gone. It's actually gone down a little
bit today, but we're eight, we're at 8 months high.
So the 10 year given perspective in September was at 3.6, it's
now around 4.6. So we're 1% higher on rates over
those three months and we need to go higher since since Jerome
Powell's speech the other day. So just just just a general
sense that when we might get inflation in the US, we might
get higher interest rates in the US and this might slow down some
of the some of the degen activity.
I would say stocks have sold off a little bit today.
Again, they've been OK, but the Nasdaq's like back down to
around 19.4 K. It's still been doing well.
Like I hadn't done terribly. But yeah, the macro sell off
Bitcoin just a little bit less bullishness around Bitcoin, I
would say. And yeah, maybe just some profit
taking I think into year end, a lot of this sort of time, what
people talk about is tax season, like when do you want to
optimize your gains, though? There's a lot of questions about
whether like you sell this week or you sell next week for people
and that normally leads to some level of selling around.
But technically this year we were up right on the year.
So aren't you realizing your gain?
You'd be realizing your gain, but for a lot of people, they
might realize that early next year, you know, so it might be
next week that you get selling. Do you know what I mean?
But what I would say is there are over these two weeks,
there's a lot of like decision making for people in many
different countries about when to when to take some of those
those profits. So that that's kind of what
happened there. In terms of the majors, in terms
of the the more left curve stuff, it has been a pretty
brutal I. Don't even want to open the meme
board, can I not? I didn't look this more.
Period for yeah, let's bring up some of the meme.
We'll just type it in meme coins and we'll bring up by highest
market cap and go down. OK.
So wait, where, where do you do that coin market cap, right?
Yeah, it's good. It's good so.
Meme coins. Doge Doge and ship have held up
OK ish. Where is the.
Category. Memes, memes.
All right, there you go. But we're now and, and, but the
majority of them have kind of gone back to like the, the level
that they were at when people were freaking out after the pal
stuff. And yeah, like if I go down the
list, like it's a pretty nasty list, I would say for the
majority of like mid caps and, and even large caps, like large
tests have held up OK. Like Doge is not done terribly
Pepe. 'S 31 cents is fine.
Pepe's done OK, but we're kind of at that level, you know, when
everyone it got puked. We haven't lot hit new fresh
lows, but a lot of them are like in or around that level again.
And I just think people, honestly, I just think a lot of
the people that were doing NFTS and then went on to do meme
coins, I honestly think a lot of them.
And I've moved on to AI coins. Like I just, I see it, I see the
timeline all the same. People are just like, Oh yeah.
What is that too? I came back home and it's all
AIAIA I I talk and like big time.
Yeah, it's so it was all the NFTMFS from last cycle moving to
yeah into meme coins. And now you type in all the main
like meme coin influences. They were they were.
Oh, sorry. There's even a category now coin
market cap that's trending called AI memes, literally.
So you're not making it like it's there right there.
Yeah, I would say broadly, this is not actually the, this is not
really the whole list like, but it is a, it is a yeah.
It just feels like that's been the main thing and that's been
strong as a as a whole that's been relatively strong.
You've seen Pretty Like Virtual's Flip Towel AI16Z
announcing Complete 5. 100 mil. Yeah AI XPT hit 500 flips flip
goat for followers or flip true terminal for followers zero bro
announced new agent platform ark hot kit 250 pretty much
everything is done OK Veda broke 100 million beta was.
Veda, yeah. Beta was at 20 million like a
few days ago you had a one which launched on you have one called
or what's it called? Vapor Vapor which?
Thoughts on hyperliquid? That's on Hyperliquid, right?
Yeah, I saw that. That broke 100.
Largely it's been the, it's it like Fartcoin and go have have
gone lower slash gone sideways and the stuff that's gone higher
has been these has been these platforms.
So after virtual's hit 3 1/2 billion, of which there's been
some light FUD, actually, I don't know if you've seen on the
timeline, but like people have been kind of coming for virtuals
a little bit. Why?
Because it's doing well? Or is there like a reason?
I think part of it's to do with maybe insider control, but part
of it's to do with like the lack of right now that many
substantive things being done there.
I think, I think weirdly it's coming from like the Tao
community because I think they got flipped for it.
But it's true. Like largely this piece of this
chat bots right now, like we're not actually in the agent phase,
right? Which is why, which is really
just like they build the infra for it correctly.
But and, and if you go into virtuals like again, not many,
not many are really being created, although there's been
some success in the top ones now with AIXPT.
And then you had AI16Z, which basically said, hey, we were an
investment Dow. We're now going to turn into a
platform. They basically are trying to
mimic the virtuals flywheel. So a lot of people criticize
AI16Z for like for which me included, which is like this is
this is an investment Dow. And then on Friday.
Flip A16Z right? That was the that was the goal
set out right at first. Right, right, right.
But they they actually said hey, we're going to do the virtual
style tokenomics here, we're going to do a platform in in
January and that went from trading at 800 to trading about
1.4 billion, which is a nice move.
And then zero bro announced something similar I would say
today. They obviously have a much
smaller platform, much smaller success with the, with the
operating model operating system even.
But the, you've now seen that a lot like, hey, we have this
successful agent. Now we're going to build a
flywheel around the token with a platform.
And at the same time, like I actually haven't looked today,
but like in that world, the ones that have been successful are
the ones that have have some sort of starter there.
So AI16C has Eliza, Ark has this playground model, which is on
Rust. You had zero bro have zero pie,
although I don't know how successful that's actually been.
And then you have virtuals. So all of those are like they've
now all become very similar in what they're trying to offer,
which is we have this coin, it's going to be the flywheel for
some form of marketplace. We're all doing it.
Originally a lot of the tokens didn't really relate to that.
And then now a lot of them have just said, hey, we're changing
all our tokens to be related to that.
So there's been an improvement in the flywheel, I would say of
all the tokens. And that's led to a rally in,
in, in those tokens. So at the same time, at the same
time, virtuals has kind of come down from that 3 1/2 billion
level because people are coming. I don't know what I'm reading.
I'm going to. I'm going to fucking murder her.
I swear to God, dude, I am going to murder my fiance with my bare
hands. I'm putting this on the record,
dude. You saw the text I sent in from
our chat. Is it just I just?
Read Yeah anyway, so. I will kill.
I'm putting this on the record for her family to even hear
this. I will.
I will kill her if she brings someone back in the house one
more time than my fucking show. So basically taking a step back,
what should you be paying attention to?
It feels like right now AI is growing in its influence in this
market. Again, all the top meme coins as
in particularly the mid cap Solana ones have not done well
or have been even some of the ETH ones as well like they've
been largely this is less attention on them right now.
NFTS are doing OK. There's a few different win
winning stories in NFTS right now, Rug radio being one of
them. We can go into that in a bit,
but Zuki obviously got a token coming that's been strong.
The bearer chain ecosystem feels close to its air drops of some
of those. NFTS have been doing well
because obviously that was like an NFT first community, at least
to begin with. And yeah, like anything with a
token coming is is done. OK ish.
But particularly Zuki, it feels like it's the next one.
Yeah, they're killing it. And then broader all those Dino
alts not doing so well. All of them have have looked
like they're about to retrace the full move to me XR.
PS just going to blow 2 again now Ada link.
You know, all these like all these coins that people were
bullish on just to like pump they've, it's not looking so
good right now. So those are not doing so well.
And then the majors, Solana, it looks like people are getting
bullish on the fact that they can get an ETETF.
There was a futures ETF filed for last week, I think it was.
And I think there's an expectation that they could
maybe get an ETF in the 1st half or soon in 2025.
So there'll be a lot of bursts around that.
So that story is kind of brewing for Solana, I think.
And that's what meant that slightly done better, but all
coins doing bad Bitcoin dominance is actually slightly
weirdly falling in that period. So Ethan Sola are outperforming
Bitcoin and meme coins are probably losing some of their DJ
activity to to AI coins right now, which has been a medium
term trend, but really picked up in the last week and a half.
And then and NFTSI would say more in like a holding pattern.
It feels like the success of Pengu means that everyone's a
little bit bullish on NF TS launching coins.
So yeah. I think, I think, I think the
Penguin move. Oh my God, I think, I think the
Penguin move was, was like there is one fucking hour of the day.
Like that's all I require. It's only half an hour 'cause
you're leaving in like 1510 minutes.
Yeah girls, how you guys can hear this?
I thought these SMB sevens could like filter through the noise.
Fox Sims. I can't hear.
I can't. No one can really hear it.
Dude, you're fine. Oh, OK, 'cause Sims was saying
that he can hear like a drill on the show.
OK, so we're good. I can hear it.
Like I'll. I hear it.
Trust me, I hear it. OK, so we're good.
Anyways, yeah, I do think I, I, I like what happened with Pengu,
man. Like Penguins still above 2
billion despite this market, which is really bullish, right?
And then the Penguins had a seem to have another nice little pump
up the lows on the back of the all the abstract announcements,
not announcement teases are during the holidays, right
during Christmas time, which is super exciting.
And you know, like I, I'm really bullish on that.
And I think that that's what's brought a lot of attention back
to NFTS and of course, Uzuki going to hyper liquid route for
their coin, it seems with anime and then that I thought that was
really smart, by the way. So it seems like they've bought
the ticker right anime outright. I think it was about half
$1,000,000 ish And, and, and they're going to launch it
there. I actually am a big fan of that
move person. I think that was smart of them
to, to, to, to do that. So anyways, there's that.
OK. On the market front, we're good.
Tomorrow we'll do a little recap.
Maybe tomorrow we'll make our calls.
I can't find our predictions that we did Yumi Novi at the
beginning of this year well. We did one recently with Tyler
and I think we were very close, although we were very close
before this nuke. Like I think we set Alana to 220
ish, we set Bitcoin to 100 and we said Eve to like 3500.
I think that was, I think that's what I said in my head or
something around that sort of level.
So yeah, yeah. So this is something that we
should mention because this is something that I'm seeing across
multiple fronts. What it is there's been a bit of
an attack on and this is been going for a while, but there
there there is now some really concrete attacks on self custody
that people should be aware about in multiple different
jurisdictions. The EU announcement called the
travel rule which is going into effect today.
Now it sounds as though there has been some flexibility from
companies in crypto in applying this, but essentially if you.
Transfer €1000 worth of crypto in or out of a centralized
exchange wallet to a self custody wallet.
You are going to have to do KYC. You're going to have to do a
heightened level of KYC and depending on the amount you may
have to do proof of wealth, proof of income.
It's called the EU travel rule. It came into effect today.
I've seen crypto.com is already starting to do this, and I think
maybe a couple of other exchanges are already trying to
do it. We'll wait to see.
But you, I think OKX is starting to do do it as well
alongsidecrypto.com. But €1000 worth of crypto is now
going to require KYC if you move it.
And you're also going to have to prove ownership of that wallet.
You're also going to have to prove ownership of the wallet
normally by some sort of cryptographic signing it seems.
But also that data will have to be sent to, I'm not sure if you
show tax authorities, but it's definitely going to be sent to,
it's going to be available to authorities, particularly if
they asked for it. This is obviously to stop
against money laundering, that sort of stuff.
But yeah, like expect a particularly in the EUA much
heightened, heightened I would say purview on what you are
doing in D5D5 essential. This is an attack on D5 for sure
and doing anything in your wallets probably attack on if
you're doing NFTS or anything like that.
This is not just the EU though. There is also regulation which
looks coming out in the US It's particularly related to the IRS
where they are looking to do something similar.
I put that. Where did I put that?
I put in our chat today. So crazy.
I saw your message. Hold on, let me find it.
That's actually insane. Yeah.
So if you go to. Tether FUD.
It's like, you know, back to, oh, it's a woo blockchain,
right? That's what you sent, Yeah.
But go to the Coin Telegraph article Hold.
On coin Telegraph article Coin Telegraph article Where'd you
send that? No, you said just the Woo
blockchain 1. Yeah, yeah.
But so so if you click on that now and you can share the screen
as well. On the back of the I got it, I
got it. There it is.
It's according to Telegraph right there it is.
So. So the IRS on the 27th of
December basically said this is going to be the rule.
It did receive more than 44,000 comments, but if you go down,
this is very similar in that any exchange, any exchange will be
seen. Any Defy front end could be seen
as an exchange and they will require KYC information from
you. It may block US customers from
using them. Otherwise, you probably should
roll down. Scroll down here for it because
it's quite a lot of information on it.
But basically Defy is getting an attack both from the UIRS in the
US and the EU. The EU one's been known about
for a while. This one from the IRS seems
interesting to me. But I, I, I mean, I remember
reading about this a while back, but but it looks like this is
now going to come into this rule has been ready to go for a
while. They dumped it on the last
Friday in the middle of college purpose.
OK, So they're getting sued right away.
Adjourned also was immediately filed against the Internal
Revenue of Service. So IRS by Texas Blockchain
Council, the Blockchain Association and defy education
fund as well. So today or not three days ago
as well. So it's not like it's going to
go into effect right away, right?
This case is about unlawful and uncostitutional overreach by
Department of Treasury because there remember there's some
states that we're trying to make S custody a human right.
Yeah, we, it may get into that. But basically what you're seeing
here is a little bit of an attack here on self custody,
both in the EU, which has kind of been known about for a while
to be fair. But the US seems a very
interesting one. And then I saw it in Brazil as
well today, Brazil planning on banning self stable con
transfers to self custody wallets.
This is actually, I know in, in, in the US and in the EU, like
we're used to self custody in a lot of countries.
Crypto is is mainly done by centralized exchanges for this
reason, like self custody is not as as allowed in in many
countries, or at least it's it's heavily discouraged like South
Korea, for example, the vast majority of stuff that's done by
our exchanges, a lot of Asian economies, that's the same place
like India, for example, that only we allow you to hold it on
on exchanges. In fact, if you if you have
money on the exchanges, they won't even allow you with to
withdraw. You can only withdraw to a bank
account, which kind of tells you like the only way to get it is
basically by somebody else sending it to you.
Like a lot, a lot of countries you can't even withdraw to a
self custody wallet. You can only withdraw to like A
to a bank account and it feels as though they might like
regulation might go head closer towards that.
The EU is basically saying, hey, you can, you're allowed $1000,
you're allowed $1000 now. And if not, if you go above
that, you're going to get heavy KYC. the US is saying seemingly
something similar here. It's doing it via a different
way. It's maybe attacking it via all
the like different, different D5 front ends.
But but yeah, interesting to see.
OK, I mean, just I got a message from from my board.
Carlo defy defense lawyer. So that doesn't go into until
2027. OK, Yeah.
So wait, what? What are you drinking, Lean?
No kombucha, I think. Drinking a bottle of cough
syrup. OK, so that's that.
I mean look, isn't this funny how everything just lines up?
Even the FUD. So Tether, FUD, attack on crypto
and self custody. I guarantee you the next thought
is China. Sure it's written or maybe it's
already happened. There's for sure going to be
some article coming out about China banning Bitcoin and next
like, yeah, I'll make a call next week.
I mean, it's going to be an article in China banning Bitcoin
again and then we're going to turbopump.
I think it then that's where that's where shit goes down.
It's always the same thing, dude.
It's always the same thing. Do you think?
So what I was looking at today? We lost him.
He gone. Oh, Amanda, we lost you.
What I was looking at today is gone.
I'm alone here on the stream yard talking to myself.
Stop y'all. I miss you guys.
We should do a load boxing. I'm kidding.
We'll do it tomorrow. Well, I I lost.
I lost him, he gone. I won't.
Leave you alone. Leave you alone.
Yeah, don't leave me alone. Well, that's funny.
Hey, sign up Mary at the markets.
I think there he is. It'll happen there, but I was
looking at search trends for yeah yeah my yeah let.
Me share your tweet. Yeah, I saw your tweet.
Yeah, there you go. But you can see this actually
this is Bitcoin. Which one?
Because you posted this right with AI coins?
It with Bitcoin as well. Where did you post that?
I'm just sharing my screen right now with you.
Oh. You can share your screen here.
There you go. This is the search trend for
Bitcoin actually. So it's interesting that they
did really peak on the week after the election and it's kind
of been in fact, we did hit new highs obviously since then.
But it is a little bit kind of tells you where we're at like
this is 2020-2021. So we're not at 2021 levels of
like interest. It looks like that was like
peak. But it's very, very clear from a
period of like retailers not here.
We definitely got retailers here.
We definitely did like people definitely came in.
We all felt that with all our different left Curve bags and
what I would say is out of the stuff that they came in and
bought, which largely was these altcoins, I would say they're
not coming back. That's my view.
I don't think there's altcoins with goodbyes.
So I think there's going to be a little bit of time to digest
people buying the wrong shit as they came back into crypto and
let's see what happens. You see what we talked?
No, no. I'm just saying the people who
came in during this period, I think bought XRP and they bought
ADA. Right.
And I don't think they're going to come back.
Like I wouldn't say those are things.
And maybe they bought some mean coins.
Maybe they bought chill guy, right?
100,000 people came and bought chill guy.
And I, I think normally when that happens and then you, they
don't do well, you see a chart like this, It's not like this,
you know, which is 2021. It's literally like, wow, bam.
And then it's gone down to 40 from 100 on these search trends
that that's some pain. That's the pain.
So I reckon we have a little bit of time here just of like
everyone working out what they want to left curve into.
And similarly for Bitcoin, I reckon, you know, it's really
the the main thing for Bitcoin there is is if we're going to
get an executive order on day one of which I think we we could
get something. I think we could get something.
I don't know if it would be full full blown by Bitcoin Galaxy
Galaxy, digital Galaxy research. They put out a piece yesterday,
I think, or maybe even today saying they don't, they don't
think that they buy Bitcoin, but they also think Bitcoin's going
to 180 K and 185 K in 2025. Like, yeah.
My quants, my Twitter quants are talking about Seoul BTC and
ETCBTC bottoms. Here I was.
I like Seoul. I I've said that since the sell
off right If the Seoul ECF narrative also comes in, in Q1,
which looks very likely now and you have the FTX repayments out
of the majors, I think Seoul has done its underperformance.
You have the unlocked the most. Oversold coin.
Ever. I think you get AI.
Think you get bullish unlocks here?
By the way, didn't they sell their rights to the unlocks to
sell them later? Didn't they do something there?
I need to do some research on that, but I don't think it's as
aggressive as people think, Mando.
I I have to go in a minute, but yes, they FCX sold these claims
to hedge funds. There you go.
But the but the the the original unlock schedule is the same.
OK. So FCX was originally had these
unlocks. Now these hedge funds had these
unlocks. Now, at the time that they were
doing those sales, everyone was complaining about the fact that
all these hedge funds were probably were probably hedging,
right? They could lock in like a 40%
gain. So I don't think it's going to
be that bad. And I think we flagged it.
We've been flagging it for ages, right?
Like literally months that it would probably lead to an
underperformance in December or and January.
I now think that that that underperformance kind of
happened from November really. It doesn't look that bad.
And I now think that this thing looks good.
So I, I, I like Solana out of the majors.
I even think. Ethereum is going to outperform
Bitcoin from here on because Bitcoin outperformed everything.
Like if Bitcoin 2024 is your Bitcoin, I think the rest starts
outperforming it from here on. But we'll see, could be wrong.
We'll make our calls tomorrow. Yeah, All right.
Well, you. Know I'll see you, I'll yap a
little bit for a minute because that's what they call it on here
now. Yeah, tell them about rock
radio. Let me tell you about rock radio
all. Right, let me tell you all about
this little mom and pops project called Rock Radio.
Then we want to come on the show with me.
I'm just kidding. No, I think we're going to.
I think we're going to shut it down here.
We'll do a longer programming tomorrow for y'all.
We'll do loot box bins. Let's do loot box galore
tomorrow. We ought to make sure we tell
real bit we're back this week. So we're going to loot box
galore tomorrow Mandos will be back.
Let me try and get these and a couple of boys on tomorrow to do
a little end of year recap last show of the year and we're all
back our desk. So it'll be a lot of fun.
And then just one more thing is make sure you sign up to marry
at the market. So mirrored markets.
Let me see is the website back up?
It's back up. Sorry, we've been under attack a
lot this morning. All of a sudden we got that was
funny. I was like a lot of dads and we
just got like a whole website attack at the same time.
So make sure you sign up to mirror at the markets.
Of course, you're seeing a lot of hype and and stuff around it.
Obviously be careful, please. Like I know what happens every
time the same story with any PFP or NFT project, like price goes
up, people get super excited about it and they get wrecked.
Like don't be that person. Now I'll say this about my own
project, right? So it's like, I want people to
be really careful. Take your time.
We're trying to buy something. Take your time when trying to do
your research on something and trying to trying to take part of
something. So our only NFT collections are
the rugrated Genesis NFT right here.
Pictures about .23 floor. Was also really fun to see it
hit .3 floor last night. Not that I give a shit about
that, but it makes me happy for the holders because the holders
do care. Like as founders you shouldn't
care about floor price, but I think holders do care.
I care when I hold an NFT project and it's back.
So I know that people care to see that back all time high was
what Juan E So from Juan E Thon, every single person has ever
bought an NFT from us, not from us.
It's from secondary market. So I'm buying from me here.
Not like we make any money on royalties either.
We'll be in the money. So it's super cool to see, but
so you can that's our official collection.
These rugs originally were yielding rug token, right, which
launched last year. And and so basically these these
tokens are now going to be transferred over to MYR, which
we are adopting. So the Meyer Foundation, just an
allocation for rug radio holders and we will be, you know,
transferring there. There's no rush.
So please, like again, back to the scams and stuff I was
talking about earlier, there is no rush right now.
You do nothing. You go, go back to your families
this week, enjoy your New Year's Eve and just take a chill pill
and just enjoy the ride with us as we continue to build the
future of media here. And so basically we, we post an
FAQ that you can find in the articles here.
We'll get it pinned up. But basically in the articles in
rug radio, there's an article, there's only one and as the
community FAQ that you can read here.
What is Myriad has Rodrigo closed?
Obviously not. What is Rodgon doing to claim
it? What is abstract?
What is Myr? Everything you need to know.
And so we confirmed yesterday. So for you guys asking why, you
know, maybe like speculation right around around their
assets. This is why because we confirmed
yesterday. Well, we had confirmed this by
the way, months ago, by the way, but we I guess we confirmed on
the timeline that 25.5% of the total MYR supply, which is going
to be adopted by decrypt Lucky trader D Jans rug video and
trust me, a bunch of other people to come in the coming,
you know, months to be a lot of fun is going to go to the rug
token holders and the only way to get this token is through the
NFTS. So these are the drug genesis
for a lot of questions around the membership passes.
The membership pass originally was a free claim.
So let me just share it here. So you're looking at this year.
This was a freemint in December actually.
Oh, wow, exactly for three years ago, like last week or something
like that. And so basically this membership
pass was just a way to get involved in the community.
This membership pass was free and it's gotten you access to
like what, 50 events so far, if not more?
We'll, we'll, we'll see what we couldn't do with that.
I, I, I'm not going to promise you anything here on the record,
but no holder will be left behind.
I've, I'm saying this here because I've also said that in
Discord. So may as well stay here because
not everyone is on Discord and I don't blame you and then the
other collection that we have is a Corey Van Lew Rugrido fist web
3, which is a cool PFP project that we did for free.
Well, it wasn't for free. It was like for rug tokens at
the time as a claim and then the mint was like super little.
So you can also get these as a way to have to have access to
our community. So for now, these just access
tokens when it comes to membership pass the PFP, but
also on myriad. If you have the PFP, you
actually where where is the the Rugrido thing?
Hold on, let me re sign in here. Let me see Oh, it's working
perfectly Look at that the desert so quick Sims Jesus, that
fixed up real quick. So those are my calls.
You can see it's really fun right that's my my my personal
Marriott profile. You can actually see on chain
all my all my predictions. I'm looking pretty bad on the
Penguin 7 bill market cap here. I'm looking pretty good on the
US government talking about the drones and everything, but
basically I wanted to show you guys this so you can go here.
And for having Rugrido FTS you can claim bonus points.
So 10,000 we did a membership pass.
Someone complain on time that we did it.
So if you have membership passes, you can get up to 10,000
Marriott points if you have Rugrida Genesis FTS also 10,000
and Festival 3. So you can go claim 30,000
myriad points right now for owning either of those three,
right? The snapshot was already taken,
FYI, And also for D Jans code, because as you may have missed
it or may have you seen during Art Basel, we acquired D Jans
from the boys from Canarians, from from Mostaf and Mando.
And so we have obviously a bunch of cool stuff coming up here on
there later during the deer when we have time to breathe.
So make sure you go and connect. Just so you know, and I want
people to practice like as much, you know, wallet safety as
possible. You can delegate your wallet, so
put your assets in the Ledger or any hardware wallet you use.
I use Ledger personally and then make sure you delegate that
wallet and then from the hot or warm wallet make sure that you
claim your points right because we we we support warm wallets.
Sorry delegate wallets. So it's really good and then go
get predicting and just so y'all know, just so y'all know you
want to use those points right? Don't don't sit on the points
don't do nothing with them. You know, because we prefer, you
know, rewarding people and wallets that are going to be
active on the platform and rather than wallets that are
just going to like hoard onto their points.
So there's a world where you lose all your points, but you
get rewarded right. So I'm going to stay like that.
Y'all can read between the lines.
But there is a world where you know you get rewarded for using
the platform and not just hoarding on your points right.
So that's what's what we want, Griffin, we're together.
I love that. I know that, you know, but let's
let's tell y'all why you get your rug Genesis rug it's on.
I mean, Blur seems to be the best one.
I mean, Open C seems to be dropping a token.
So if you want to be on open C, be my guess.
It's just that sometimes a bit delayed, use Open C Pro.
Worst case, let's show you the Open C Pro interface.
We are training on Open C, not on Blur.
So go open C that right there and you can you can buy these
wonderful rugs. Well, yesterday was 120 listed,
so some people found rugs. See this makes me happy.
I like that some people, you know, see their bags up, take
some profits. This makes me extremely happy.
So you can check it out there, but also what's super fun is on
DJN's. Let me show you something DJN's
on finance, which is obviously the platform I was just talking
about. You can track everything there
for your favorite NFT collections.
Super cool If you look up rug radio here Well, there you go.
You can see all the stats and all that stuff about it, which
is super fun. So make sure you check that.
I can check the depth. I didn't even know there was all
of this stats on it like last night, not gonna lie holders.
There's a bunch of holders. You can see how many how much
percentage each holder has of our NFTS, etcetera.
So you can definitely go in DYOR on there.
Very well then the benefits. I think wow, that's pretty cool.
See they already added the benefits of having myriad.
Wow, this is cool. It picks up on it quick dude.
Love that. So I'd love to see that.
So definitely check it out. DJs of finance and yeah, I think
I think I've been around the horns.
Sign up on myriad dot markets here, MYRIAD dot markets and
then make sure you start, you know, predicting, make sure you
start using platform, but also questing.
This has been extremely successful.
It's the best way to top up on your points, you know, is by,
you know, just reading an article.
So it's super fun. If you have the extension, I got
to redownload it here in a minute, but you know, you can do
a lot of cool stuff in the quest to see here for rug video
holders. Are 32,620 points up for grabs
if you're a rug video holder. So definitely would get involved
with that. Follow Myriad dot markets on X
and just stay tuned because I have a feeling a lot of cool
stuff is going to be coming. I know a lot of you guys are
excited about abstracting what's coming up.
So we're launching Myriad on abstract as soon as they go main
net. And so, you know, maybe they'll
be a good way for you to get exposure to abstract from
Myriad. I don't know.
I can't confirm that yet, that's for sure.
True story. Like I'm not even trying to make
you like hype you up or between 2 lines.
I do not know officially yet. You will know when I know,
that's for sure. But for now, definitely it'll be
a good way. We work very close to abstract
team every day and they're supporting us very, very, very,
very big way. Some milestones that we hit
yesterday on Myriad, figure I'd share with you guys.
So we had 10,000 followers on the account.
One extra super cool 11 key. Now as you may have seen, we had
10,000 sign ups on the plat. Wait, never mind stamps, what
the hell worth 1300 sign ups today?
What the? Yeah, we hit on sign ups.
Oh my God. OK, well, we did.
I, I think, I think your man said we flipped sacks abuses to
crypt twice as well. Holy fuck.
Yeah, it's been a big fucking day.
Oh. My God, that's thanks to and
also I'll give a shout out. That's thanks to all the people.
You know, you know, it's funny, as soon as price goes up,
everybody talks about you, right?
That's the that's the the beauty and the non beauty of this
market, right. Like it's not that we've been a
silent assassins. The whole fucking bear market
showing up and building the one of the biggest media companies
in the entire crypto space. And I can say that because we
own our video and we own the crypt, right?
The crypt just so happens to be the second largest new site of
crypto, by the way, soon to be first.
But anyways, so as soon as the price goes up 400%, y'all
motherfucker's talking about it. But I do want to give a shout
out to Tyler 9059, all the folks that are pushing this at Miri.
I saw a bunch of threads. Tyler, keep writing your
threads. Keep doing all that.
We love you guys, keep supporting us, and we'll make
sure to reward that in our way as we always do.
So we had to. We're at 11,000 signups.
We're at 230. Never mind that was 23 seven K 2
days ago, 253,000 quest items started and completed so started
and completed canceled both on almost 100,000 quests completed
on the crypt and we're at 56,000 predictions placed on myriad and
that is all as a beta. So please bear with us if things
break, you can come in discord. I know people don't like discord
in space, but our discord is like really nice.
Now I know seems you probably feel the same, but like I
actually like wearing Discord now, like it's comfy and so we
have a feedback bug, right? It's all over again.
Right. It's it's that, but also like I
like the feedback loop, like people giving us feedback in
real time, you know, this is broken.
That's not working. Like give us the feedback please
and and keep on coming on and keep on breaking our platform.
So we keep making it better for y'all and creators, you know,
pay attention. I'm going to reach out to a
bunch of y'all because we're going to be pushing this very
hard very soon, especially in January.
So I know, and that's all with our referral program since so
that's actually really impressive.
The reason for new referral program is very simple.
We have to launch it with abstract.
So we have to wait for Abstract Mainnet until we launch that
whole program because we don't want to launch it twice.
It's a lot of dev work. Look, we're a big company now,
but we're not as big as some people may think.
Like the dev shop is like 1215 people, but they're doing 50
persons work. So, so just so you all know, you
know, stay tuned for all that. So it'll take a bit, but that's
about it since unless there's something you want to call out
here that I missed out, but I think I kind of went around the
horn. No, I think it's just to double
down on what you said. Keep, don't, don't save the
points, spend them. Get on there.
Get predicting, use them up as much as you can.
Like there's people who've gone busting on zero, but you can
easily make that back with a few a few predictions.
It's all good fun. And we are noting that in the
back. You know, the leaderboard is the
leaderboard and we don't want anyone to feel like they're
excluded coming in at this stage and you see that leaderboard and
think, well, fuck, I can't make it up there.
It, it, it is doable with by far, you know how to say
farming, but certainly by doing the quests and questing been
able to get those points and putting them in the right place
on the prediction markets. It is easy to jump up those
leaderboards pretty quickly and that's why we want to see
people. So take the points, if you want
to hold them, you want to hold them, that's entirely your call.
But we prefer to see you using them on prediction markets. 100%
and then again one last thing for security.
There is no CAI love you. There is nothing.
There is nothing I saw pump fungal life with our names on
it. There's not there's nothing you
can go to the here myriad markets X it's got a gold tick.
You see the link tree here you click there, it'll lead you
here. This is our official stuff.
All our official links are in one place.
How clean clean this is and so it's all there right?
And so join us come check out our discord, come say hi.
I'm in there Sims in there all day long.
A lot of teams are there. So we're chilling there and then
and that's about it. So with that, with that, with
that we'll see y'all tomorrow morning last year of the year,
10:00 AM Eastern Standard Time for another episode of FOMO Hour
on our radio. Let's go.