1 00:00:00,120 --> 00:00:01,680 Oh, yo-yo, what up? What up? 2 00:00:01,680 --> 00:00:04,680 Good morning. Good morning, GMG. 3 00:00:09,400 --> 00:00:14,280 Tuesday, baby. Oh, my Lord. 4 00:00:14,360 --> 00:00:19,960 December 17th, 2020. Look at that. 5 00:00:20,160 --> 00:00:23,360 Another beautiful day to have a beautiful day. 6 00:00:23,880 --> 00:00:27,360 I got my coast in the house. Tyler Mando. 7 00:00:27,640 --> 00:00:29,320 Good morning, boys. How are you guys doing today? 8 00:00:32,320 --> 00:00:33,160 I'm doing good. How are you? 9 00:00:34,000 --> 00:00:35,760 We are. I'm fantastic. 10 00:00:35,800 --> 00:00:39,240 I mean, I woke up to 300 grand for owning a JPEG. 11 00:00:39,240 --> 00:00:43,760 Can't, can't complain. Can't complain, you know, you 12 00:00:43,760 --> 00:00:47,480 know, Bitcoin all time high Pangu's Pangu's doing great. 13 00:00:47,480 --> 00:00:49,080 It's a big day. It's a beautiful day. 14 00:00:49,080 --> 00:00:50,440 Beautiful day. Lucas on the way. 15 00:00:50,440 --> 00:00:53,520 He's a little busy right now. He should be here in about 1520 16 00:00:53,520 --> 00:00:55,080 minutes. But you know, it's it's 17 00:00:55,080 --> 00:00:59,600 definitely it's definitely a great a great day today to be in 18 00:00:59,600 --> 00:01:02,040 the space, Tyler. I mean, you're dripped out. 19 00:01:02,040 --> 00:01:04,560 You got the Penguin background, you got the Penguin hoodie, you 20 00:01:04,560 --> 00:01:06,640 got the Penguin hat. I mean, how you doing today? 21 00:01:06,640 --> 00:01:08,440 Yeah. I guess we're rocking triple 22 00:01:08,440 --> 00:01:11,280 March hat, hoodie and toy here today. 23 00:01:11,280 --> 00:01:13,360 It's big day. It's a big day for everyone. 24 00:01:13,800 --> 00:01:17,120 I will say, like I'm feeling a little bit different. 25 00:01:17,120 --> 00:01:20,160 So like have you ever been in a situation like where you won a 26 00:01:20,160 --> 00:01:23,440 big playoff game, but you couldn't really celebrate 27 00:01:23,440 --> 00:01:26,320 because the goal wasn't to win the playoff game, the goal was 28 00:01:26,320 --> 00:01:28,880 to win the championship. I feel like that's where we're 29 00:01:28,880 --> 00:01:31,880 at. Like today is a big day, but the 30 00:01:31,880 --> 00:01:35,560 goals are higher than this. So it's it's soft celebration, 31 00:01:36,400 --> 00:01:39,320 but we still have a way to go. Yeah, no, 100%. 32 00:01:39,320 --> 00:01:41,400 I mean, look, I think this this thing is still on their way, 33 00:01:41,400 --> 00:01:43,320 right? So obviously, you know, Pengu 34 00:01:43,320 --> 00:01:46,120 hour today as Lucas going to join and obviously that's like 35 00:01:46,120 --> 00:01:48,160 kind of like the big thing happening in the space right 36 00:01:48,160 --> 00:01:49,080 now. It's not like Bitcoin's at 37 00:01:49,080 --> 00:01:51,480 $108,000, right? That's, that's just, that's just 38 00:01:51,480 --> 00:01:54,960 like a, that's just like a side thing going on at the same time 39 00:01:55,240 --> 00:01:57,120 as we're talking. But anyways, as usual for the, 40 00:01:57,120 --> 00:01:59,000 for the new listeners in here, because we have obviously some 41 00:01:59,000 --> 00:02:01,680 listeners coming in for, for, for Luca, we're live on YouTube, 42 00:02:01,880 --> 00:02:05,000 we're live on Twitter broadcast. We're live on video every single 43 00:02:05,000 --> 00:02:07,360 day. We're going to post you guys all 44 00:02:07,360 --> 00:02:09,600 of that in a in a second on timeline. 45 00:02:09,600 --> 00:02:12,880 Lucas is going to join us on video as well in 23 minutes 46 00:02:12,880 --> 00:02:14,800 normally. So should be a banger of an 47 00:02:14,800 --> 00:02:16,880 episode. So anyways, today on the show 48 00:02:17,240 --> 00:02:19,400 today, let's talk markets, let's talk pengu. 49 00:02:19,560 --> 00:02:21,800 Obviously, you know, I'm, I'm curious to hear you guys 50 00:02:21,800 --> 00:02:24,280 thoughts, expectations on Friday night on the stream and that we 51 00:02:24,280 --> 00:02:26,720 talked about a lot about how we expected the open. 52 00:02:26,720 --> 00:02:29,720 Clearly it opened bigger than than what most people thought. 53 00:02:29,720 --> 00:02:31,360 I think we were in the one to two billion range. 54 00:02:31,920 --> 00:02:34,080 It was about a four to $5 billion open. 55 00:02:34,080 --> 00:02:37,680 So let's see where it it goes with that. 56 00:02:38,240 --> 00:02:42,400 And then obviously Tyler's topics, let's see what Tyler has 57 00:02:42,440 --> 00:02:44,320 in store for us today topic wise. 58 00:02:44,320 --> 00:02:46,920 Obviously think it's going to be heavily Penguin related. 59 00:02:47,040 --> 00:02:48,680 And then obviously we have a loot box paint. 60 00:02:48,680 --> 00:02:49,880 I mean, we are Tuesday after all. 61 00:02:49,880 --> 00:02:52,080 And hey, I'm just going to stack this up with Penguins. 62 00:02:52,080 --> 00:02:53,960 So maybe someone's going to come on this way and win the fucking 63 00:02:53,960 --> 00:02:56,040 Penguin themselves. I think that would be quite a 64 00:02:56,040 --> 00:02:57,800 good timeline. And as usual, this show is 65 00:02:57,800 --> 00:03:00,760 powered by Galaxies with seamless built in monetization 66 00:03:00,760 --> 00:03:02,280 tools. Galaxies enables development of 67 00:03:02,280 --> 00:03:03,760 sustainable long term communities, fulfilling 68 00:03:03,760 --> 00:03:05,720 Bitcoin's vision of the centralized freedom and 69 00:03:05,720 --> 00:03:07,280 independence from centralized US control. 70 00:03:07,280 --> 00:03:10,720 Same folks who did the Trump NFTS check them out, but also 71 00:03:10,720 --> 00:03:13,040 fair side network. Every day we see people's 72 00:03:13,040 --> 00:03:15,240 wallets get drained. Fair Side is about to launch a 73 00:03:15,240 --> 00:03:17,680 fair alternative to insurance for crypto scams. 74 00:03:17,680 --> 00:03:19,120 Check out fair side network on X. 75 00:03:19,560 --> 00:03:21,120 If you get drained, you won't get Rex. 76 00:03:21,120 --> 00:03:23,000 Speaking of getting drained, be careful everyone. 77 00:03:23,000 --> 00:03:24,680 And there's a lot of euphoria on the timeline. 78 00:03:25,080 --> 00:03:28,680 We claim sites and everything. So there's a lot lot, lot, lot 79 00:03:28,680 --> 00:03:32,920 lots of scammers out praying today. 80 00:03:32,920 --> 00:03:36,280 So be very careful. But anyways, anyways, anyways 81 00:03:36,280 --> 00:03:39,400 may though missed you yesterday. Let's go to you, baby. 82 00:03:52,960 --> 00:03:55,640 Yeah, GM, everyone. So I guess it's a little bit of 83 00:03:55,640 --> 00:03:58,080 a big week for macro. You have the Fed, which is going 84 00:03:58,080 --> 00:04:01,920 to be tomorrow, and you have the BOJ and you have the Bank of 85 00:04:01,920 --> 00:04:03,040 England. So you have a few different 86 00:04:03,240 --> 00:04:05,800 interest rate decisions by the major central banks. the Fed one 87 00:04:05,800 --> 00:04:08,200 will probably be the biggest. It is largely expected that they 88 00:04:08,200 --> 00:04:10,640 will cut rates. That's been well telegraphed. 89 00:04:10,640 --> 00:04:12,520 It will really just give our guidance going to next year if 90 00:04:12,520 --> 00:04:15,440 they say anything about Trump and its tariffs, if it gets 91 00:04:15,440 --> 00:04:18,079 political around that. Other than that, there's just 92 00:04:18,079 --> 00:04:20,800 been continued kind of indication from Trump, I think 93 00:04:20,800 --> 00:04:23,640 that we're going to get some sort of a immediate move for a 94 00:04:23,640 --> 00:04:27,280 Bitcoin reserve from his part. He said yesterday may move to do 95 00:04:27,280 --> 00:04:32,160 it day one and that caused Bitcoin to continue to 96 00:04:32,160 --> 00:04:33,840 outperform the rest of the space. 97 00:04:34,080 --> 00:04:39,360 Bitcoins headed up to 107 1/2. Right now the rest of the market 98 00:04:39,360 --> 00:04:42,240 is trading OK. I wouldn't say it's trading 99 00:04:42,240 --> 00:04:46,760 great, particularly Solana continues to underperform. 100 00:04:47,920 --> 00:04:50,320 Pengu obviously took a lot of liquidity right now, but I would 101 00:04:50,320 --> 00:04:55,320 say the majority of the bags that I track are lower today, 102 00:04:55,920 --> 00:05:00,800 particularly some of the major meme coins on on on Seoul, as 103 00:05:00,800 --> 00:05:01,920 well as a lot of different old coins. 104 00:05:01,920 --> 00:05:04,680 So this feels very much like a Bitcoin LED market. 105 00:05:04,680 --> 00:05:10,600 XRP has been one of the main rallies over the last 24 hours. 106 00:05:10,600 --> 00:05:14,640 That's something about another 10% to wow 2.7 area. 107 00:05:14,920 --> 00:05:16,680 They've got a stable coin coming today. 108 00:05:16,920 --> 00:05:20,400 That's been much talked about that idea that I can maybe 109 00:05:20,400 --> 00:05:25,000 unlock D5 on XRP. There's a lot of expectation 110 00:05:25,000 --> 00:05:26,800 going into that. I don't know if it's going to 111 00:05:26,800 --> 00:05:30,400 disappoint or not. But yeah, that caused that 112 00:05:30,400 --> 00:05:34,440 caused the rally in that. And you had a rally in in some 113 00:05:34,440 --> 00:05:37,560 of the other kind of Dino alts as well on on the back of that 114 00:05:37,560 --> 00:05:40,600 too. But still still a mixed bag. 115 00:05:40,600 --> 00:05:44,000 I would say Bitcoin going up to 107 KA 108K. 116 00:05:44,960 --> 00:05:48,200 I would be way off for some of the predictions I thought for 117 00:05:48,200 --> 00:05:51,880 some of the other coins. Yeah, this is this has been 118 00:05:51,880 --> 00:05:55,520 slightly surprising to me, I would say, but yeah, Bitcoin, 119 00:05:56,200 --> 00:06:02,360 Bitcoin leading we ETH has been is it has has continued to be 120 00:06:02,400 --> 00:06:05,000 relatively strong, I would say as well alongside Bitcoin like 121 00:06:05,000 --> 00:06:08,600 it feels as though ETH has taken over from Bitcoin as from Solana 122 00:06:08,600 --> 00:06:11,920 as like maybe one of the other places where people choose to 123 00:06:12,480 --> 00:06:16,360 have their like beta exposure. ETH had a three high yesterday, 124 00:06:17,760 --> 00:06:21,480 which was, yeah, relatively strong and ETH based coins have 125 00:06:21,760 --> 00:06:23,800 also been slightly outperforming, particularly like 126 00:06:23,800 --> 00:06:28,040 the meme coin space Pangu's. Obviously the big air drop all 127 00:06:28,080 --> 00:06:30,280 the most recent after hype continues to hit an all time 128 00:06:30,280 --> 00:06:31,400 high. That one's been very, very 129 00:06:31,400 --> 00:06:32,800 strong. So people I think hoping for a 130 00:06:32,800 --> 00:06:35,960 hype like move with Pangu this time. 131 00:06:35,960 --> 00:06:39,040 But yeah, that's that's kind of where we're at. 132 00:06:39,600 --> 00:06:41,760 Yeah, it's, it's big. It's big. 133 00:06:41,760 --> 00:06:43,600 Yeah, the Trump stuff just keeps on coming, right? 134 00:06:43,600 --> 00:06:45,920 It's not like, it's not like he's been saying it for months, 135 00:06:45,920 --> 00:06:47,920 right? So like he came at the Bitcoin 136 00:06:47,920 --> 00:06:49,400 conference. When was the Bitcoin conference? 137 00:06:49,400 --> 00:06:52,280 April or something like that and and and and talked about a 138 00:06:52,280 --> 00:06:55,680 Bitcoin strategic reserve and then the guy won and people 139 00:06:55,680 --> 00:06:56,640 still thought they were going lower. 140 00:06:56,640 --> 00:06:58,320 But anyway, that's a conversation for another day. 141 00:06:58,320 --> 00:07:03,040 You're right though, this is a a Bitcoin hype and fart coin LED 142 00:07:03,040 --> 00:07:05,720 market. It's like almost like fart coin 143 00:07:05,720 --> 00:07:08,800 has become Bitcoin beta here. I mean, Tyler, you must be 144 00:07:08,800 --> 00:07:10,000 euphoric. I don't know, dude. 145 00:07:10,160 --> 00:07:12,480 The the more Bitcoin goes up, the more this fart coin keeps 146 00:07:12,480 --> 00:07:14,680 grinding. What? 147 00:07:14,680 --> 00:07:16,200 What else do you do you need to see? 148 00:07:16,760 --> 00:07:17,800 From fart. Coin. 149 00:07:18,440 --> 00:07:22,280 To to to show you that this is the, this is the coin. 150 00:07:23,440 --> 00:07:24,520 Yeah. Your coin. 151 00:07:24,960 --> 00:07:27,400 It it it's great. Being on a day when everything 152 00:07:27,400 --> 00:07:33,600 else is struggling, right? I, I, I think we are in the 153 00:07:33,600 --> 00:07:36,160 vertical phase. I think it's going straight up. 154 00:07:37,880 --> 00:07:38,960 I love that. I love that. 155 00:07:38,960 --> 00:07:39,960 What do you, what do you think, Mando? 156 00:07:39,960 --> 00:07:41,000 Like, what do you, what do you think here? 157 00:07:41,000 --> 00:07:43,560 Because of course I've been seeing a lot of like big posts 158 00:07:43,560 --> 00:07:46,040 about like Solano weakness here, like obviously so BTC solely 159 00:07:46,080 --> 00:07:47,640 looks like pretty bad. And then you. 160 00:07:47,640 --> 00:07:49,360 Yeah. My bags have been pretty wrecked 161 00:07:49,360 --> 00:07:53,440 for the last two weeks if I'm honest, Like Kill Guy, Nudeng 162 00:07:54,320 --> 00:07:56,640 Go, all been bad. I own quite a bit of far coin, 163 00:07:56,640 --> 00:07:59,800 but that's been the only real gainer I've had out of my bags. 164 00:08:00,920 --> 00:08:02,760 Obviously of GLP, which has done very, very well. 165 00:08:02,760 --> 00:08:05,800 But yeah, all my beta bets have been have done terribly. 166 00:08:06,000 --> 00:08:09,800 Like it's not been a good period for me in terms of in terms of 167 00:08:09,800 --> 00:08:12,000 trades. I don't know if that changes. 168 00:08:12,000 --> 00:08:13,600 I was speaking to OSFA little bit today. 169 00:08:13,600 --> 00:08:17,040 Like what has happened? Like why is Solana just trading 170 00:08:17,040 --> 00:08:20,000 like absolute garbage and all the all the coins around it 171 00:08:20,000 --> 00:08:23,840 trading. And I don't really know, like 172 00:08:23,840 --> 00:08:27,160 we, we, we, we mentioned potentially it's the fact that 173 00:08:27,200 --> 00:08:31,120 Phantom has gone multi chain, which meant there's like less 174 00:08:31,440 --> 00:08:35,559 focus I think on on just soul. I don't think it's pump fun. 175 00:08:35,559 --> 00:08:37,480 Pump fun's been there the whole time. 176 00:08:37,799 --> 00:08:40,080 You, you could say some of the unlocks for soul, but like soul 177 00:08:40,080 --> 00:08:43,840 has underperformed so much now versus coins with much bigger 178 00:08:43,840 --> 00:08:46,960 unlocks that it, it would be surprising for me if it's that. 179 00:08:46,960 --> 00:08:49,200 So I don't know. What do you guys think? 180 00:08:49,200 --> 00:08:53,640 Like why maybe the AI AI seems to be in its own sector and I 181 00:08:53,640 --> 00:08:57,080 would even say that the main runners on ether I mean virtuals 182 00:08:57,080 --> 00:09:02,360 is at 3 billion whereas Solana felt even is felt more PvP on 183 00:09:02,360 --> 00:09:04,640 the way up right? Falcon is doing hive like zero 184 00:09:04,640 --> 00:09:08,240 bro go and none of the others aren't doing that well while 185 00:09:08,760 --> 00:09:11,280 while Falcon is doing well. So like, what do you think has 186 00:09:11,280 --> 00:09:13,520 changed? Hype. 187 00:09:14,760 --> 00:09:16,480 I was going to say that probably hype. 188 00:09:16,840 --> 00:09:19,040 I mean, there's the flows speak for themselves, right? 189 00:09:19,160 --> 00:09:20,880 I think that's the that's the main one. 190 00:09:21,640 --> 00:09:24,480 And this time it's not like, oh, BSc money moved to Solana, 191 00:09:24,520 --> 00:09:26,520 Solana money moved to BSc Salon is dead. 192 00:09:26,680 --> 00:09:28,960 Salon money moved to Tron Tron, like Salon is dead. 193 00:09:29,200 --> 00:09:32,080 This time hype is an actual like there's actually like stickiness 194 00:09:32,080 --> 00:09:33,800 to that, right? Like the whole Trump and BSc 195 00:09:33,800 --> 00:09:36,840 pump was bullshit, right? But I think like this time 196 00:09:36,840 --> 00:09:39,120 around, like this hype thing is really well, you have people 197 00:09:39,120 --> 00:09:43,360 buying auctions like tickers, like God was $1,000,000 the 198 00:09:43,360 --> 00:09:44,160 other day. What happened? 199 00:09:44,160 --> 00:09:46,880 You had the front run this alcat coin. 200 00:09:47,160 --> 00:09:48,480 Who who was it? It was a Mon guy. 201 00:09:48,480 --> 00:09:50,280 He's a pixel Mon dudes front run. 202 00:09:50,280 --> 00:09:51,920 That was like a half $1,000,000 listing. 203 00:09:51,920 --> 00:09:54,080 Like I don't think you can ignore that. 204 00:09:54,080 --> 00:09:57,720 And the fact that it's like it feels like the most PVE thing 205 00:09:57,720 --> 00:10:00,720 ever, right? Like every single ticker over 206 00:10:00,720 --> 00:10:06,200 there is higher and then you have every single Chad in 207 00:10:06,200 --> 00:10:08,000 crypto. Like the guys with real money, 208 00:10:08,040 --> 00:10:10,560 not the people that post fake screenshots of their phantom 209 00:10:10,560 --> 00:10:14,520 wallets are all in hype and not selling it. 210 00:10:14,680 --> 00:10:17,360 Like I, I don't know, big hype whales selling anything else. 211 00:10:17,360 --> 00:10:19,520 Like you have all the big dogs. Like what still flood. 212 00:10:19,640 --> 00:10:22,240 I mean flood is out there saying like we're going to flip BNB 213 00:10:22,920 --> 00:10:25,160 smart money. Like all these guys, all the 214 00:10:25,160 --> 00:10:28,800 people with actual cash in this industry are behind it. 215 00:10:29,160 --> 00:10:32,200 And I'm starting to really love the meme of like, which probably 216 00:10:32,200 --> 00:10:36,000 going to not be a meme very soon like a flip in BNB like the on 217 00:10:36,000 --> 00:10:38,600 chain Binance is going to flip fucking off chain. 218 00:10:38,720 --> 00:10:41,520 Like I don't know, I I'm really liking this narrative. 219 00:10:41,560 --> 00:10:44,800 What do you guys think I. Think that's a good narrative I 220 00:10:44,800 --> 00:10:47,000 think we're playing out. So like Hyper Liquid was the 221 00:10:47,000 --> 00:10:51,000 first spot to list Pingu perps today. 222 00:10:51,360 --> 00:10:54,320 I think it, it was even live before Binance was. 223 00:10:55,840 --> 00:10:59,320 And as long as the token is going straight up and the tokens 224 00:10:59,320 --> 00:11:02,280 on hype are are going straight up, I think it's going to 225 00:11:02,280 --> 00:11:04,280 continue, right. I, I think the first two tests 226 00:11:04,600 --> 00:11:07,960 is where we get some red days in a row and, and we'll, and we'll 227 00:11:07,960 --> 00:11:10,640 see some of that early conviction tested a little bit. 228 00:11:12,040 --> 00:11:14,240 But it, it's a party over on hype right now. 229 00:11:15,080 --> 00:11:18,400 And like, if you're looking for a trade like Seoul is up, you 230 00:11:18,400 --> 00:11:20,800 know what, how much this year? And then now we've got a shiny 231 00:11:20,800 --> 00:11:22,800 new object. That all being said, I still 232 00:11:22,800 --> 00:11:26,440 think Solana is fine and I think the ecosystem has so much going 233 00:11:26,440 --> 00:11:30,000 on probably got it's going to be a little volatile through the 234 00:11:30,000 --> 00:11:33,960 unlocks and then I think we start to to grind back up. 235 00:11:34,880 --> 00:11:36,640 Yeah, I mean, look, Pengu dropped on Solana, right? 236 00:11:36,640 --> 00:11:37,680 I think there's a reason for that. 237 00:11:37,680 --> 00:11:40,440 So it's not like it's gone the whole AI narrative though base 238 00:11:40,440 --> 00:11:43,640 has virtuals and some of them I think AISBT is cooking, right? 239 00:11:44,720 --> 00:11:47,520 I think what is it, memes AI. Few of the other AI plays 240 00:11:47,520 --> 00:11:49,600 obviously fart coins like the main narrative right now and 241 00:11:49,600 --> 00:11:52,520 it's the leader on that. And just today just hit another 242 00:11:52,520 --> 00:11:56,480 all time high just now, right nearing $900 million. 243 00:11:57,440 --> 00:12:01,240 And this, the higher it goes, just the higher it goes, the 244 00:12:01,240 --> 00:12:05,160 better it gets, right? Like the higher this far coin 245 00:12:05,160 --> 00:12:06,440 shit keeps. Going I think that's what I'm 246 00:12:06,440 --> 00:12:10,440 trying to say though, is that you have your like winner and 247 00:12:10,440 --> 00:12:12,720 then everything has to get wrecked for that winner to have 248 00:12:12,960 --> 00:12:15,000 to happen. And that's very different what 249 00:12:15,000 --> 00:12:18,080 it was a few months ago. I think something I think it's 250 00:12:18,080 --> 00:12:20,040 even longer than that, though. This has been going on for like 251 00:12:20,040 --> 00:12:24,480 the last four weeks, right? Like this is this feels like 252 00:12:24,480 --> 00:12:27,360 it's a slightly longer trend than just just since hype got 253 00:12:27,360 --> 00:12:30,320 big, but maybe it is. Is it AII mean? 254 00:12:30,320 --> 00:12:36,160 So the AI sector is 10 billion now and it was 2 billion a month 255 00:12:36,160 --> 00:12:37,720 ago 2. Months ago. 256 00:12:38,840 --> 00:12:40,440 So maybe it's a little bit of that. 257 00:12:40,840 --> 00:12:45,600 There hasn't been. Enough inflows to really balance 258 00:12:45,600 --> 00:12:48,720 it all out yet. Yeah, I mean, that's probably 259 00:12:48,720 --> 00:12:50,080 what it is. So anyways, we'll see. 260 00:12:50,360 --> 00:12:52,080 I I personally, like I made a joke yesterday, but like we're 261 00:12:52,080 --> 00:12:53,800 back at the stage of the cycle where like everybody says that 262 00:12:53,800 --> 00:12:55,680 Salon is dead. So it's it's always like that, 263 00:12:55,680 --> 00:12:56,680 right? Like there's always a time where 264 00:12:56,680 --> 00:12:59,520 like people call dead and shit just comes back and then 265 00:12:59,520 --> 00:13:01,200 everybody just says, oh, no, nevermind. 266 00:13:01,200 --> 00:13:02,400 It's not dead. It's the main thing of the 267 00:13:02,400 --> 00:13:04,760 cycle. So it's just, I think Mandel 268 00:13:04,760 --> 00:13:06,840 bro, it's just one of those situations where it's like, you 269 00:13:06,840 --> 00:13:09,160 know, it is what it is. I think Luca picks Alana for a 270 00:13:09,160 --> 00:13:10,800 reason. He made it very clear when he 271 00:13:10,800 --> 00:13:14,360 showed the the Pengu thesis and he laid it out for people. 272 00:13:15,360 --> 00:13:18,840 And so, you know, it's just it's just normal stage cycle. 273 00:13:18,840 --> 00:13:23,080 It feels also I we talked about height, but kind of doesn't help 274 00:13:23,080 --> 00:13:24,960 the XRP is just up only either, right? 275 00:13:24,960 --> 00:13:27,920 And you were talking about the Dino cones not long ago, Mando 276 00:13:27,920 --> 00:13:30,080 taken away from the meme cones. So that was your thesis, right? 277 00:13:31,120 --> 00:13:32,000 Yeah. That happened. 278 00:13:32,120 --> 00:13:33,880 That was the first stage of this. 279 00:13:34,120 --> 00:13:38,000 Then some of those who've continued to, to, to go, like 280 00:13:38,000 --> 00:13:40,680 XRP still going, but most of them have, have kind of petered 281 00:13:40,680 --> 00:13:43,640 out. I don't know, like it's been a 282 00:13:43,640 --> 00:13:46,280 big shift though this, it's been a very big shift. 283 00:13:46,280 --> 00:13:50,920 Like the bags that I thought would outperform, you know, when 284 00:13:50,920 --> 00:13:53,840 we spoke a month ago about what we should own if Bitcoin goes to 285 00:13:53,840 --> 00:13:55,480 100K. Like most of them have done 286 00:13:55,720 --> 00:14:00,240 really badly and coins which I don't think we would have 287 00:14:00,240 --> 00:14:04,240 predicted have done well. Yeah, it's definitely, it's 288 00:14:04,240 --> 00:14:06,800 definitely not great in the smaller trenches. 289 00:14:06,800 --> 00:14:10,000 But anyways, quickly Tyler, let's go to you and then 10 more 290 00:14:10,000 --> 00:14:16,120 minutes until Luca comes on and see what he's got for us. 291 00:14:25,400 --> 00:14:29,040 All right, one more top stories. FTX announced its reorg will 292 00:14:29,040 --> 00:14:33,800 come on January 3rd, 2025, and those initial repayments will 293 00:14:33,800 --> 00:14:36,680 start within 60 days of that date. 294 00:14:36,680 --> 00:14:40,160 So the FTX stemies are coming avalanches. 295 00:14:40,160 --> 00:14:43,040 AVAX 9000 officially went live yesterday. 296 00:14:43,040 --> 00:14:45,600 That's a major upgrade. Ripple announced the launch of 297 00:14:45,600 --> 00:14:49,120 its Ripple USDRLUSD stable coin that's going Live Today. 298 00:14:49,280 --> 00:14:53,640 Athena announced its USDTB stable coin, backed largely by 299 00:14:53,640 --> 00:14:57,200 Blackrock's Biddle token. Anchorage Digital secured a bit 300 00:14:57,200 --> 00:15:01,320 license from the NYDFS, one of the the first institutions to be 301 00:15:01,320 --> 00:15:05,040 able to do that, allowing them to offer crypto trading services 302 00:15:05,040 --> 00:15:07,480 to institutions here this next year. 303 00:15:07,960 --> 00:15:11,920 In token AirDrop and protocol news, Pingu went live this 304 00:15:11,920 --> 00:15:14,800 morning, 8:00 AM Eastern. Looks like it's trading right 305 00:15:14,800 --> 00:15:19,640 around a $3.7 billion FDV, folks, which notably exactly 306 00:15:19,640 --> 00:15:21,480 where it ended up on the pre market. 307 00:15:21,480 --> 00:15:23,600 So the pre markets were right this time. 308 00:15:24,400 --> 00:15:27,720 In other token news, Nifty Islands island token that goes 309 00:15:27,720 --> 00:15:29,440 live here. Actually that just went live at 310 00:15:29,440 --> 00:15:31,760 10:00 AM Eastern. So 2 airdrops today. 311 00:15:32,560 --> 00:15:34,960 I'm surprised I didn't move that one, but a little bit 312 00:15:34,960 --> 00:15:38,520 overshadowed here with the island token is live the meme 313 00:15:38,520 --> 00:15:41,880 M3M3, the Meteora token. They tease an AirDrop for Vector 314 00:15:41,880 --> 00:15:43,600 users. So if you're on Vector, make 315 00:15:43,600 --> 00:15:46,920 sure you look into that. Blast back. 316 00:15:47,000 --> 00:15:49,920 They're they're back. They teased a mobile app launch 317 00:15:49,920 --> 00:15:52,920 coming soon along with the tokenomics update and some other 318 00:15:52,920 --> 00:15:55,760 major announcements. So Blast is back on our 319 00:15:55,760 --> 00:15:58,200 timeline. Monad announced the creation of 320 00:15:58,200 --> 00:16:00,520 the Monad Foundation as it prepares for its 321 00:16:00,520 --> 00:16:03,320 decentralization journey, IE token. 322 00:16:03,680 --> 00:16:06,280 And then Finance announced Finance Alpha, a new platform 323 00:16:06,280 --> 00:16:08,600 within their wallet, spotlighting early crypto 324 00:16:08,600 --> 00:16:11,840 projects with growth potential in AI and crypto. 325 00:16:11,840 --> 00:16:14,720 Just a couple headlines here. Overall market cap holding 326 00:16:14,720 --> 00:16:18,960 steady at 10.6 billion. Virtuals briefly hit 3.2 billion 327 00:16:18,960 --> 00:16:21,160 yesterday. It's down back to 2.7 this 328 00:16:21,160 --> 00:16:24,920 morning. AI16Z up closer to 900 million 329 00:16:24,920 --> 00:16:28,280 after they announced that them and Eliza Labs have a 330 00:16:28,280 --> 00:16:31,480 partnership with Stanford focusing on agent trust 331 00:16:31,480 --> 00:16:35,360 mechanisms, multi agent economic systems and decentralized agent 332 00:16:35,360 --> 00:16:37,640 governance. Quite a mouthful, but a big 333 00:16:37,640 --> 00:16:41,200 partnership there. Tank, Opium, Kiki and DJ and AI 334 00:16:41,200 --> 00:16:43,240 were some of the top movers on the day. 335 00:16:43,440 --> 00:16:45,680 And then it memes. The NFTS meme mainers look to be 336 00:16:45,680 --> 00:16:49,360 green here this morning of about two to 5%. 337 00:16:49,680 --> 00:16:52,720 The UK issued a warning against Solange's Retardio meme coin 338 00:16:53,120 --> 00:16:58,040 saying it's not authorized. And NFTS $85 million in volume 339 00:16:58,040 --> 00:16:59,360 on the day. It's the highest we've seen in 340 00:16:59,360 --> 00:17:01,880 nine months. So we continue to print new 341 00:17:01,880 --> 00:17:07,200 highs in NFT trading volume. ETH NMT leaders were mixed. 342 00:17:07,200 --> 00:17:10,400 Punks were back close to 40. Pudgies, of course, certainly 343 00:17:10,400 --> 00:17:11,880 volatile. It looks like I'm seeing them 344 00:17:12,240 --> 00:17:15,440 right around 18 right now after the AirDrop. 345 00:17:15,480 --> 00:17:17,720 Not a huge surprise. Then in some negative news, 346 00:17:17,839 --> 00:17:21,079 Cyberconx received a Wells notice from the SEC regarding 347 00:17:21,079 --> 00:17:24,440 their blockchain game having a token cause for some potential 348 00:17:24,440 --> 00:17:26,839 concern for broader Web 3 gaming projects. 349 00:17:26,839 --> 00:17:28,040 So we'll see where that one goes. 350 00:17:28,600 --> 00:17:30,920 All right, well, that's a lot. I'm just seeing reports of 351 00:17:30,920 --> 00:17:33,760 perhaps the nifty island Twitter being hacked. 352 00:17:33,760 --> 00:17:37,080 Just want to flag that. I just had a bunch of people 353 00:17:37,080 --> 00:17:39,520 just ping me right now. Apparently while I posted that 354 00:17:39,520 --> 00:17:43,000 in the sappy seals Discord too. So apparently there's a hack 355 00:17:43,000 --> 00:17:44,920 going on. So I'd be very like, again, be 356 00:17:44,920 --> 00:17:47,600 careful today, OK, Please, like don't sign shit from your 357 00:17:47,600 --> 00:17:50,840 vaults, from your accounts with all your coins in and shit like 358 00:17:50,840 --> 00:17:54,040 that, because today's going to be like scam central, right? 359 00:17:54,040 --> 00:17:57,080 And, and I mean, it's a great day for them. 360 00:17:57,080 --> 00:18:01,560 So be very, very, very careful here. 361 00:18:02,480 --> 00:18:04,840 On top of the Retardio thing that you said, they also banned 362 00:18:04,880 --> 00:18:07,800 the X account today. I don't know, that kind of makes 363 00:18:07,800 --> 00:18:11,720 me want to buy some all this stuff, you know, the, the UK. 364 00:18:11,720 --> 00:18:14,480 Hey, what's going on? Mando, what's the UK doing? 365 00:18:17,600 --> 00:18:20,000 Coming up against Retardio, Yeah, I don't know. 366 00:18:20,480 --> 00:18:22,760 There he is. I like that. 367 00:18:22,920 --> 00:18:25,880 I like that. Kind of weird I thought like why 368 00:18:25,880 --> 00:18:28,320 they've singled out retardio like. 369 00:18:29,200 --> 00:18:32,720 So EU KS financial regulator has issued a warning against 370 00:18:32,720 --> 00:18:35,440 Retardio. The firm may be providing or 371 00:18:35,440 --> 00:18:38,120 promoting financial services or products without our permission. 372 00:18:38,680 --> 00:18:42,600 And then the UK has like so many more problems to deal with and 373 00:18:42,600 --> 00:18:44,960 they decide through this like you can't even walk through 374 00:18:44,960 --> 00:18:47,640 United the UK without like looking behind your back. 375 00:18:48,000 --> 00:18:50,440 But somehow by Retardio is the the danger here. 376 00:18:50,880 --> 00:18:56,280 But anyways, that's I mean, you know, retar DO as as as they 377 00:18:56,280 --> 00:18:58,240 say. The other big news, Tyler, you 378 00:18:58,240 --> 00:19:00,880 covered, I mean FTX air drop season, baby. 379 00:19:01,960 --> 00:19:05,520 Yeah, that one is big. So we got the update. 380 00:19:06,560 --> 00:19:10,840 So let's see first distributions expected again within 60 days of 381 00:19:10,840 --> 00:19:13,440 January 3rd. That is the date that the 382 00:19:13,440 --> 00:19:15,200 reorganization plan takes effect. 383 00:19:15,200 --> 00:19:18,640 Kraken and Bitco will help facilitate the recovery process. 384 00:19:18,640 --> 00:19:21,240 So if you are an impacted user, there are things a few things 385 00:19:21,240 --> 00:19:23,520 you need to do. You need to complete a KYC 386 00:19:23,520 --> 00:19:26,520 verification, submit some tax forms and onboard to either 387 00:19:26,520 --> 00:19:29,760 Kraken or Bitco. It looks like the initial 388 00:19:29,760 --> 00:19:33,480 payments are going to be those with $50,000 or less, though 389 00:19:33,480 --> 00:19:36,760 that does represent about 90% of claims and the distributions for 390 00:19:36,760 --> 00:19:41,240 larger claims will follow. As a reminder, these are these 391 00:19:41,240 --> 00:19:45,040 claims are at prices from November 2022, so not current 392 00:19:45,040 --> 00:19:50,680 prices, but it's still $16.5 billion and it looks like 393 00:19:50,680 --> 00:19:54,840 claimants are expected to recover up to about 118% of 394 00:19:54,840 --> 00:19:58,200 their claim values. So I mean, it's probably, it's 395 00:19:58,200 --> 00:20:00,520 good of an outcome I think as you could hope forgiven how bad 396 00:20:00,520 --> 00:20:03,600 the situation is. And I think the question will 397 00:20:03,600 --> 00:20:08,440 soon become where does the FTX money flow, right? 398 00:20:08,440 --> 00:20:10,880 Is it, is it, is it going back into the casino or is it out? 399 00:20:11,160 --> 00:20:14,840 Is it out forever? Obviously Pengu, you know they 400 00:20:14,880 --> 00:20:17,400 aren't they giving a Pango air drop to FTT holders. 401 00:20:18,520 --> 00:20:20,920 That is a part of that, right? Yeah, that, that is a part of 402 00:20:20,920 --> 00:20:22,240 the thing. Look, I don't know where it 403 00:20:22,240 --> 00:20:24,760 flows back, you know, but obviously it's going to go back 404 00:20:24,760 --> 00:20:26,360 to my bags, right? What do you think, man? 405 00:20:26,360 --> 00:20:28,240 What does the What does the FTX money flow back? 406 00:20:29,480 --> 00:20:32,360 I don't know now. Before if you said it was coming 407 00:20:32,360 --> 00:20:34,440 in Q4, I would have said it would have gone to like a bunch 408 00:20:34,440 --> 00:20:38,560 of the L ones rather than Seoul. Now I don't know. 409 00:20:38,800 --> 00:20:44,720 Now I like, so I think it's a decent portion of that now. 410 00:20:46,080 --> 00:20:48,240 Yeah, I don't know. We'll see. 411 00:20:48,240 --> 00:20:51,480 I mean, if the hype trenches keep heating up, it may go 412 00:20:51,480 --> 00:20:52,440 there. You you just don't. 413 00:20:52,600 --> 00:20:53,080 People. People. 414 00:20:53,080 --> 00:20:55,000 Just go where the money goes, you know? 415 00:20:55,360 --> 00:20:57,600 People go where the money goes. I mean, yesterday I was 416 00:20:57,600 --> 00:21:00,240 contemplating like selling a big bag with my soul stuff just to 417 00:21:00,440 --> 00:21:02,480 move there because why not? Like, if this shit's going to 418 00:21:02,480 --> 00:21:03,640 keep going, it's just going to keep going. 419 00:21:03,640 --> 00:21:06,840 Like I think, I think you just follow the money, right? 420 00:21:06,880 --> 00:21:08,720 And so and so that's. Basically what I've been 421 00:21:08,720 --> 00:21:12,600 debating a little bit, like I feel like GOAT is slightly 422 00:21:12,600 --> 00:21:15,640 different and Falk on a slightly different AI stuff, but I have a 423 00:21:15,640 --> 00:21:19,280 lot of generic Solana shitters and I'm like, what is going on 424 00:21:19,280 --> 00:21:22,240 here every day that it's down like 10% at the moment. 425 00:21:24,080 --> 00:21:26,120 And I don't know if that's going to turn around or not. 426 00:21:26,120 --> 00:21:29,360 Like that's it's been kind of weird. 427 00:21:29,360 --> 00:21:32,080 Like good news even for them gets massively sold. 428 00:21:35,120 --> 00:21:38,800 It's a danger bit of the market there because Bitcoin's at 108 429 00:21:38,800 --> 00:21:42,680 K, right. So I've had a lot of these 430 00:21:42,680 --> 00:21:45,120 things and although I've made money over the last month and a 431 00:21:45,120 --> 00:21:47,320 half, yeah, I've just been debating that what is the what 432 00:21:47,320 --> 00:21:50,600 is the thing to do? What do you think? 433 00:21:51,080 --> 00:21:52,840 What are you guys doing? What are you doing, Tyler? 434 00:21:53,560 --> 00:21:57,600 I I don't have any Solana meme corn exposure that's not also in 435 00:21:57,600 --> 00:21:59,160 the AI sector. Yeah. 436 00:21:59,880 --> 00:22:01,200 So that's that's where I'm focused. 437 00:22:01,200 --> 00:22:06,400 I guess Pingu is now an exception, but I I exactly what 438 00:22:06,400 --> 00:22:11,360 you said, I kind of saw that happening and it just felt like 439 00:22:11,360 --> 00:22:15,320 there's more potential upside elsewhere and some of the some 440 00:22:15,320 --> 00:22:17,360 of the hype and steam is kind of worn off a little bit. 441 00:22:18,000 --> 00:22:22,840 Massively right, massively I I'm yeah, I don't really know. 442 00:22:22,960 --> 00:22:25,760 I honestly don't know like the although I've had large good 443 00:22:25,760 --> 00:22:28,680 calls in the AI stuff, all the generic stuff like we said that 444 00:22:28,680 --> 00:22:31,360 like the our top picks were going to a billion dollars were 445 00:22:31,360 --> 00:22:37,720 Fog Mudeng, I guess go and what were the other ones we had? 446 00:22:39,440 --> 00:22:41,600 Did we have? All the big ones got pretty much 447 00:22:41,600 --> 00:22:44,000 decimated, right? They've been decimated. 448 00:22:44,640 --> 00:22:46,760 Yeah, everything's. Downside, look at the chill guy 449 00:22:46,760 --> 00:22:48,640 chart. No, I saw it before this 450 00:22:48,640 --> 00:22:50,760 morning, before this. Morning. 451 00:22:50,880 --> 00:22:53,720 So this little bit is. 60 million right now, yeah. 452 00:22:54,360 --> 00:22:57,920 This new trend is you can catch the run to 300 to 500 million 453 00:22:57,920 --> 00:23:01,800 and I think that's where you just have to sell because the 454 00:23:01,800 --> 00:23:04,920 odds of you getting another two to 4X on just like the. 455 00:23:04,920 --> 00:23:06,080 Hot. There's just nothing there. 456 00:23:06,800 --> 00:23:09,720 It's it's not enough or and you're just going to slow bleed 457 00:23:09,720 --> 00:23:12,840 out is the more likely scenario. Yeah, there's just nothing there 458 00:23:13,760 --> 00:23:15,720 and and so we'll see. What do you guys think? 459 00:23:15,720 --> 00:23:17,960 So let's talk about Pingu right? Like obviously this is the big 460 00:23:17,960 --> 00:23:20,040 one because I'm curious to see your thoughts. 461 00:23:20,040 --> 00:23:22,000 So if you're in the audience, there's about 1000 people live 462 00:23:22,000 --> 00:23:24,920 on spaces. Let me just ping Luca the link 463 00:23:24,920 --> 00:23:26,880 again. So he should be coming in soon. 464 00:23:26,880 --> 00:23:30,440 But there's, you know, I'm curious to hear your thoughts. 465 00:23:30,480 --> 00:23:36,040 You know, I consensus, I guess in a way was the opens going to 466 00:23:36,040 --> 00:23:40,240 be one to two Bill open was like, I think 14 trillion 467 00:23:40,240 --> 00:23:41,960 actually. So fill the Wick. 468 00:23:43,200 --> 00:23:50,400 Someone bought 10,000 Penguins $14 trillion worth $5 now, but 469 00:23:50,400 --> 00:23:53,080 you know, that's quite the Wick to fill here. 470 00:23:54,000 --> 00:23:58,760 But we're now sitting at $3.29 billion, OK, there appears that 471 00:23:58,760 --> 00:24:00,960 a lot of people can't claim. So I understand like a lot of 472 00:24:00,960 --> 00:24:04,640 people frustrated for that. And there appears that also 473 00:24:04,640 --> 00:24:07,440 something people could claim only got about 5% of their aloe. 474 00:24:07,680 --> 00:24:10,440 So naturally, I think like we're, we may be in for a little 475 00:24:10,440 --> 00:24:13,720 bit of a more of a dip before before we go, we go higher. 476 00:24:13,720 --> 00:24:16,200 But what do you guys think? The dust settles here. 477 00:24:16,400 --> 00:24:20,280 We're three 2636 cent token here. 478 00:24:20,280 --> 00:24:25,080 What do you guys think? Yeah, I can get my thoughts. 479 00:24:28,080 --> 00:24:31,320 Yeah, you go ahead. Man, yeah, I there was some, 480 00:24:31,560 --> 00:24:34,800 there was some claim issues early, which I think you kind of 481 00:24:34,800 --> 00:24:37,120 have to throw out the first hour of price action. 482 00:24:37,120 --> 00:24:40,600 I think some people got frustrated and the, the 483 00:24:40,600 --> 00:24:43,000 objective reality is there's a lot of mercenary capital in 484 00:24:43,000 --> 00:24:45,360 here. There's a lot of folks who just 485 00:24:45,360 --> 00:24:47,880 bought in the last two weeks. There's a lot of folks who just 486 00:24:47,880 --> 00:24:51,640 had the the Discord roles and whatnot who are racing to sell 487 00:24:51,640 --> 00:24:53,800 today. So I think there's going to be a 488 00:24:53,800 --> 00:24:56,720 lot of cell pressure. And then if you're a buyer, you 489 00:24:56,720 --> 00:24:58,760 were just kind of watching the claim percentages. 490 00:24:58,840 --> 00:25:01,160 It's like, why are you want to buy right now when you know this 491 00:25:01,160 --> 00:25:04,760 mercenary capital is still out there to to try to dump on you? 492 00:25:04,760 --> 00:25:07,120 So I think folks are going to try to find a bottom. 493 00:25:07,400 --> 00:25:11,200 I don't know exactly where that is, but my mental model for this 494 00:25:11,200 --> 00:25:13,240 token is I actually think it's going to play out a lot like 495 00:25:13,240 --> 00:25:17,080 wrecked, but I think we'll find a bottom here in the next day or 496 00:25:17,080 --> 00:25:19,920 two and then we'll start to slow grind up. 497 00:25:20,800 --> 00:25:23,320 There's a couple wild cards. Hey, first, this team is 498 00:25:23,320 --> 00:25:25,080 incredibly sharp. So like they're not just going 499 00:25:25,080 --> 00:25:28,360 to drop this token and and have no other surprises, right? 500 00:25:28,560 --> 00:25:31,880 We've got abstract mainnet coming in January. 501 00:25:31,880 --> 00:25:36,080 I'd be shocked if there's not some type of Pingu tie in to 502 00:25:36,080 --> 00:25:40,920 that. And I don't I don't know. 503 00:25:41,640 --> 00:25:43,600 We just haven't we don't have any announcements yet. 504 00:25:43,600 --> 00:25:45,680 We don't have any other new news about this token. 505 00:25:45,680 --> 00:25:49,200 I think that's all in front of us and we're just it's going to 506 00:25:49,200 --> 00:25:53,000 be volatile today. The NF TS dumped just just like 507 00:25:53,000 --> 00:25:55,200 we thought they would for the most part, right? 508 00:25:55,200 --> 00:25:59,600 They're back to 18. Anyone who bought is still most 509 00:25:59,600 --> 00:26:01,880 likely up. Even if you bought the top, I 510 00:26:01,880 --> 00:26:05,520 think you're still up or you're or you're damn close. 511 00:26:06,880 --> 00:26:08,800 I think it's a it's, it was a great AirDrop. 512 00:26:09,960 --> 00:26:11,840 It played out exactly how the pre markets had it. 513 00:26:12,320 --> 00:26:14,880 Huge cook. So we have to start taking those 514 00:26:14,880 --> 00:26:16,920 pre markets seriously. If there's a significant volume, 515 00:26:17,000 --> 00:26:20,720 like when you see seven figures, I think you have to at least 516 00:26:20,720 --> 00:26:25,840 take that as an input. 100 percent, 100% anyway, Speaking 517 00:26:25,840 --> 00:26:29,600 of the devil, Speaking of Speaking of the Penguin, Lucas 518 00:26:29,600 --> 00:26:31,880 joining us on spaces Luca, do you want if you want to join on 519 00:26:31,880 --> 00:26:35,880 stream yard, where you also got the I sent you a text with the 520 00:26:36,840 --> 00:26:39,000 with the video link. But can you hear me? 521 00:26:41,320 --> 00:26:42,440 Hold on. Let me see. 522 00:26:42,440 --> 00:26:45,440 Let me text Luca. Yeah. 523 00:26:45,440 --> 00:26:47,800 To hold on, Hold on. There's a lot going on right 524 00:26:47,800 --> 00:26:48,520 now. Holy shit. 525 00:26:48,520 --> 00:26:49,840 This is insane. Dude. 526 00:26:50,520 --> 00:26:52,320 I love this, though. Does she just love the chaos? 527 00:26:52,840 --> 00:26:55,240 It's. It's much better than what it 528 00:26:55,240 --> 00:26:57,400 was. Someone I know bought a pudgy 529 00:26:57,400 --> 00:26:59,320 pig, went off the floor and still had full allocation. 530 00:26:59,320 --> 00:27:00,720 Oh my God. Yeah, don't. 531 00:27:00,720 --> 00:27:02,720 Dude, this wasn't like a snapshot. 532 00:27:02,720 --> 00:27:05,800 Don't sell you like you got to claim your shit first, you know 533 00:27:05,840 --> 00:27:07,480 what I mean? Like a lot of people are 534 00:27:07,480 --> 00:27:10,960 getting, you know, are not paying attention here and and 535 00:27:10,960 --> 00:27:11,840 getting ready. Let's try again. 536 00:27:11,840 --> 00:27:14,080 Luca, can you hear me? I can hear you. 537 00:27:14,080 --> 00:27:17,040 Can you hear me? Let's fucking go, baby. 538 00:27:17,040 --> 00:27:18,280 What's up Luca? How you doing? 539 00:27:19,000 --> 00:27:21,200 Man, I'm in the war room going to war right now. 540 00:27:22,360 --> 00:27:23,640 How's it going back there right now? 541 00:27:23,640 --> 00:27:26,160 Like how you guys feeling? Man, we're feeling, we're 542 00:27:26,160 --> 00:27:28,640 feeling good, but obviously I think from, you know, we're 543 00:27:28,640 --> 00:27:29,720 having some issues with the claim. 544 00:27:29,720 --> 00:27:33,720 I think we've got like 7,000,000 hits in the last, you know, 2 545 00:27:33,720 --> 00:27:36,080 1/2 hours. And so just dealing with that. 546 00:27:36,080 --> 00:27:40,240 So I think that's where a majority of the war room efforts 547 00:27:40,400 --> 00:27:45,200 is is going, but excited to kind of get this this journey going. 548 00:27:45,880 --> 00:27:49,560 I mean, you know, how do you and team feel today? 549 00:27:49,560 --> 00:27:52,080 Like I know, I know it's a lot. I know there's a lot of claim 550 00:27:52,080 --> 00:27:54,120 stuff that you guys are are looking to fix. 551 00:27:54,760 --> 00:27:56,960 But besides that, like, you know, how do you feel about the 552 00:27:56,960 --> 00:28:02,240 launch of all this? I'm I'm I'll be stoked once 553 00:28:02,240 --> 00:28:05,040 everyone, once the once the claim is working perfectly 554 00:28:05,080 --> 00:28:07,280 right. I think up until then still have 555 00:28:07,280 --> 00:28:10,280 a job and still have a have a a mission to kind of execute on. 556 00:28:10,280 --> 00:28:14,360 But until then I'll I'll feel good so. 557 00:28:14,800 --> 00:28:17,600 How? So far go so good but need to 558 00:28:17,600 --> 00:28:19,320 fix that. How are we looking on that, 559 00:28:19,320 --> 00:28:20,600 Luca? Is there anything you can give 560 00:28:20,600 --> 00:28:22,640 us here for the people that are are waiting the claim? 561 00:28:22,640 --> 00:28:24,320 Because I'm assuming a lot of them are in the audience, yeah. 562 00:28:24,720 --> 00:28:27,760 It's just the AP is are being called like crazy and just so 563 00:28:27,760 --> 00:28:31,360 many people. So the, the, the claim 564 00:28:31,360 --> 00:28:34,600 eligibility, if you kind of, I think one of our thoughts was 565 00:28:34,600 --> 00:28:36,960 really distribution and getting as many people into the 566 00:28:36,960 --> 00:28:39,720 ecosystem as possible. I think last time I checked 567 00:28:39,720 --> 00:28:42,320 there was like 160,000 on chain holders. 568 00:28:43,120 --> 00:28:45,760 So like the, the intent is to bring everyone into the huddle, 569 00:28:45,760 --> 00:28:49,280 right? I, I think right now it's just a 570 00:28:49,280 --> 00:28:52,160 matter of being able to load manage that. 571 00:28:52,560 --> 00:28:56,200 And, and we maxed out AWS, maxed out cloud server, basically 572 00:28:56,280 --> 00:28:59,920 everything that you can possibly Max out, we did and it is still 573 00:28:59,920 --> 00:29:04,720 isn't enough. So it kind of expected, but 574 00:29:04,720 --> 00:29:06,560 obviously just need to get it up and running ASAP. 575 00:29:08,440 --> 00:29:11,680 All right, love to hear that and I mean you know that's going to 576 00:29:11,680 --> 00:29:13,320 get fixed. Everybody chill, it's going to 577 00:29:13,320 --> 00:29:15,160 happen. Looks like it's something that's 578 00:29:15,160 --> 00:29:16,680 pretty much out of your control here, Luca. 579 00:29:16,680 --> 00:29:18,560 But what's next now? Like what now? 580 00:29:18,560 --> 00:29:21,280 You know Pengu dropped. Thank you for the Stamie, by the 581 00:29:21,280 --> 00:29:25,280 way, appreciate that that was that was a nice one, not a lie. 582 00:29:25,280 --> 00:29:27,280 So that's dropped job's not finished. 583 00:29:27,280 --> 00:29:29,160 So what's the next job? What's coming next? 584 00:29:29,640 --> 00:29:32,080 We're turning this bad boy into a cultural phenomenon. 585 00:29:32,120 --> 00:29:35,080 I think the, the beauty of this is I think you guys are going to 586 00:29:35,080 --> 00:29:39,000 be able to see a pocket that we've never, you know, we, we've 587 00:29:39,000 --> 00:29:41,760 shown instances of it obviously through the distribution of the 588 00:29:41,760 --> 00:29:44,560 Penguin. But I think this opens up a 589 00:29:44,560 --> 00:29:47,760 whole new window and a whole new door for us to do what I think 590 00:29:47,760 --> 00:29:50,240 we're best at, right? Like I, I've been saying this 591 00:29:50,240 --> 00:29:52,880 for a while. I think we're the best marketing 592 00:29:52,880 --> 00:29:56,600 group in crypto and I think you guys will see this here shortly. 593 00:29:58,520 --> 00:30:00,600 I, I kind of on that note, going to be a little bit further. 594 00:30:00,760 --> 00:30:04,120 I feel like there's this consensus opinion just for NFTS 595 00:30:04,120 --> 00:30:08,680 broadly that once you drop a token, that's it for the NMT 596 00:30:08,720 --> 00:30:10,200 like that, that's the final step. 597 00:30:10,200 --> 00:30:12,240 There's not really anything left after that. 598 00:30:12,240 --> 00:30:15,080 So why would anyone hold it? I'm curious like how would you 599 00:30:15,080 --> 00:30:20,680 respond to that? I think that's still maybe like 600 00:30:20,680 --> 00:30:24,600 APTSD consensus trade. I think if you look at the data, 601 00:30:24,600 --> 00:30:26,520 the data just doesn't reflect that anymore. 602 00:30:26,520 --> 00:30:30,600 So there's moments and obviously people, you know, buying, you 603 00:30:30,640 --> 00:30:32,000 know, selling the news type of thing. 604 00:30:32,440 --> 00:30:36,280 But if you kind of look at the pairing between the meme coin, 605 00:30:36,400 --> 00:30:41,400 you know, the coin and the NFTI think it's the deadliest pairing 606 00:30:41,400 --> 00:30:44,080 for this category out there, right? 607 00:30:44,080 --> 00:30:46,680 Because I, I simply don't think that you're going to be able to 608 00:30:46,680 --> 00:30:53,040 beat, you know, 10,015 thousand, 20,000 people proliferating this 609 00:30:53,040 --> 00:30:56,320 stuff through their profile picture paired with, I think the 610 00:30:56,320 --> 00:31:00,400 deep liquidity of a token. I think it's a recipe for 611 00:31:00,400 --> 00:31:02,800 success. And ultimately it's where I know 612 00:31:02,800 --> 00:31:07,480 all NFTPFP projects are going. And, and I think ultimately the 613 00:31:07,480 --> 00:31:10,680 ones that will succeed are going to be the ones that can turn 614 00:31:10,680 --> 00:31:13,480 this stuff into a cultural phenomenon and turn this into 615 00:31:13,480 --> 00:31:16,480 something that everybody is talking about, that everybody is 616 00:31:16,480 --> 00:31:19,880 enjoying and participating in in some shape, way or form. 617 00:31:20,200 --> 00:31:22,720 And so I think the thesis here was really simple for us. 618 00:31:22,800 --> 00:31:26,200 You know, I explained this maybe weeks ago prior to launch, which 619 00:31:26,200 --> 00:31:30,360 was, you know, we have toys and millions of homes with over 50 620 00:31:30,360 --> 00:31:32,640 billion impressions and views on social. 621 00:31:33,160 --> 00:31:36,720 You know, how do we scale that up in 10X those numbers? 622 00:31:36,920 --> 00:31:40,280 I think it comes down to who is aligned, you know, with the 623 00:31:40,280 --> 00:31:42,640 mission of turning this into something special. 624 00:31:43,000 --> 00:31:45,160 And I think it kind of starts and stops with distribution, 625 00:31:45,160 --> 00:31:48,320 right? And so a huge reason for the 626 00:31:48,320 --> 00:31:52,000 claim size in terms of how many eligible wallets is really for 627 00:31:52,000 --> 00:31:55,720 that reason, which was everyone saw what we were able to do 628 00:31:56,120 --> 00:31:59,280 with, you know, 10,000 holders. What are we going to be able to 629 00:31:59,280 --> 00:32:01,880 do with a million holders or 2 million holders? 630 00:32:01,880 --> 00:32:04,800 And I think this is where things get super exciting and 631 00:32:05,200 --> 00:32:07,560 ultimately, like the market's going to do it, what it's going 632 00:32:07,560 --> 00:32:10,560 to do in the short term. But I think mid to long term, 633 00:32:11,440 --> 00:32:15,240 the future for this company and where I think this Penguin is 634 00:32:15,240 --> 00:32:20,200 going has never been clearer. So obviously, you know, we're in 635 00:32:20,200 --> 00:32:23,320 the war room, got to make sure that people are taking care of, 636 00:32:23,800 --> 00:32:26,200 you know, ultimately, like we have a really high bar for 637 00:32:26,200 --> 00:32:29,720 excellence. You know, no type of, you know, 638 00:32:29,760 --> 00:32:31,840 error is acceptable, but it is what it is. 639 00:32:31,840 --> 00:32:33,840 Some things you just can't physically control. 640 00:32:35,680 --> 00:32:38,680 But yeah, I think I, I think that's kind of how we're looking 641 00:32:38,680 --> 00:32:41,000 at it. And so, you know, I, I'm excited 642 00:32:41,000 --> 00:32:44,840 to get over this little, you know, next couple of days and 643 00:32:44,840 --> 00:32:47,560 really put ourselves in a position to do something that I 644 00:32:47,560 --> 00:32:49,040 think crypto's never seen before. 645 00:32:49,040 --> 00:32:50,440 And I, I think we're the group to do it. 646 00:32:50,440 --> 00:32:51,880 I think we're the community to do it. 647 00:32:52,280 --> 00:32:55,400 I think if you look at the ingredients that this thing has 648 00:32:55,840 --> 00:33:00,040 all things considered it, it, it, it's, it's a different beast 649 00:33:00,040 --> 00:33:02,480 than I think anything that anyone has ever seen. 650 00:33:04,080 --> 00:33:05,280 And obviously we have to show that. 651 00:33:05,280 --> 00:33:07,640 We have to prove, you know, what, that what the potential of 652 00:33:07,640 --> 00:33:10,680 that beast actually looks like. So it's going to take some hard 653 00:33:10,680 --> 00:33:12,040 work. It's going to take, you know, 654 00:33:12,040 --> 00:33:14,680 galvanizing with the community, you know, still, you know, 655 00:33:14,720 --> 00:33:16,320 members of the community they have yet to claim. 656 00:33:16,320 --> 00:33:18,160 So I've got to take care of them first and foremost. 657 00:33:18,160 --> 00:33:21,000 Like that's number one objective right now and over the next 658 00:33:21,000 --> 00:33:24,280 couple of days is making sure, you know, you know, in Faroke's 659 00:33:24,280 --> 00:33:26,920 case, half of the people you know got it. 660 00:33:26,920 --> 00:33:29,120 Half of the people you know, still haven't. 661 00:33:29,120 --> 00:33:30,680 If you're just want to split it down the middle. 662 00:33:32,240 --> 00:33:35,360 So we have to get there. But you know, almost 200,000 on 663 00:33:35,360 --> 00:33:37,680 chain holders in two hours, 2 1/2 hours. 664 00:33:37,680 --> 00:33:41,360 I think it's a testament to you know, where, where you know, 665 00:33:42,000 --> 00:33:46,520 the, the, the plan is working with the exception of, you know, 666 00:33:46,640 --> 00:33:50,320 the error on the claim. So ultimately I think people 667 00:33:50,320 --> 00:33:53,280 will realize that the NFT pairing and the coin pairing 668 00:33:53,760 --> 00:33:58,800 positioned appropriately is going to open up a meta that I 669 00:33:58,800 --> 00:34:00,760 think is going to be extremely exciting. 670 00:34:00,760 --> 00:34:04,560 So we have to prove it though, because I think my vision of 671 00:34:04,560 --> 00:34:08,639 where I think this can go might not be as clear to most. 672 00:34:08,760 --> 00:34:10,600 And it's my job to make it clear. 673 00:34:11,880 --> 00:34:15,080 And I, I want to get in, I want to drill into that a little bit, 674 00:34:15,080 --> 00:34:18,679 but can I just ask like, was this always the master plan to, 675 00:34:18,679 --> 00:34:21,239 to drop that the Pingu token? Or is this something that's kind 676 00:34:21,239 --> 00:34:24,760 of evolved over time? I don't think it. 677 00:34:25,159 --> 00:34:28,440 I don't think it was the master plan, right? 678 00:34:28,520 --> 00:34:30,760 Because, you know, coming into this, I've kind of told the 679 00:34:30,760 --> 00:34:32,560 community that, you know, this is something that wouldn't 680 00:34:32,560 --> 00:34:34,400 happen. And I was kind of stuck in, you 681 00:34:34,400 --> 00:34:39,000 know, again, the 2021-2022, you know, bear market PTSD, which is 682 00:34:39,000 --> 00:34:40,400 like this is the beginning of the end. 683 00:34:40,760 --> 00:34:43,120 But I think over the last 12 months you've seen that this is 684 00:34:43,120 --> 00:34:45,400 actually the beginning of the beginning, right? 685 00:34:45,400 --> 00:34:48,880 And so there's really a multi pronged, you know, funnel here, 686 00:34:48,880 --> 00:34:51,120 if you kind of want to break it down from a funnel perspective, 687 00:34:51,120 --> 00:34:55,440 which is like, OK, millions of toys, millions of products all 688 00:34:55,440 --> 00:34:58,080 over the world and hands of people that enjoy and love them. 689 00:34:58,400 --> 00:35:01,480 You know, social content, impressions, views, community, 690 00:35:01,720 --> 00:35:04,040 you know, all of the things that we do, you know, at the top of 691 00:35:04,040 --> 00:35:06,720 the funnel, at the bottom of the funnel, I think you have the 692 00:35:06,720 --> 00:35:09,960 NFT, the 1st edition, the status symbol within that community, 693 00:35:10,200 --> 00:35:12,440 right? The highest, you know, grailed 694 00:35:12,440 --> 00:35:15,680 item that, you know, reflects that status with the people that 695 00:35:15,680 --> 00:35:19,200 understand the Penguin story and the Penguin lore, right, which 696 00:35:19,200 --> 00:35:23,560 we can get into in a SEC. And then in the middle, I, I 697 00:35:23,560 --> 00:35:26,600 tried to do it through like the toys and the digital wearables, 698 00:35:27,240 --> 00:35:32,000 But the, the problem is, is it comes down to alignment, true 699 00:35:32,000 --> 00:35:35,080 alignment, right? And no matter how many ways you 700 00:35:35,080 --> 00:35:38,000 game it with like open editions and things like that, it doesn't 701 00:35:38,000 --> 00:35:41,360 feel like alignment, right? This is, this is the tool to 702 00:35:41,360 --> 00:35:44,600 align. So it goes, you know, people 703 00:35:44,600 --> 00:35:47,000 seeing it on social, people seeing it out in the street, 704 00:35:47,000 --> 00:35:50,200 people seeing it in homes, you know, then, you know, believing 705 00:35:50,200 --> 00:35:53,600 in the message and, and the story that is the Penguin, you 706 00:35:53,600 --> 00:35:56,320 know, everything that comes with it and, you know, throwing 707 00:35:56,320 --> 00:36:01,320 $10.00 or $100 into some token. And then as they start to grow 708 00:36:01,320 --> 00:36:04,400 some sort of love and affinity for the brand, you know, as they 709 00:36:04,400 --> 00:36:08,000 feel that alignment and, and you know, all the things that come 710 00:36:08,000 --> 00:36:10,400 with that, you know, they begin to participate even more. 711 00:36:10,400 --> 00:36:12,840 And then they're like, well, you know, now this community is my 712 00:36:12,840 --> 00:36:14,200 family now. These are my friends. 713 00:36:14,200 --> 00:36:15,600 These are people that I'm interacting. 714 00:36:15,600 --> 00:36:18,160 I'm spending so much time everyday, you know, 715 00:36:18,520 --> 00:36:22,240 participating in this ecosystem, you know, the ultimate status 716 00:36:22,240 --> 00:36:25,280 symbol, the ultimate form of tribalism, you know, that I can 717 00:36:25,280 --> 00:36:28,800 signal, you know, throughout the digital universe is this profile 718 00:36:28,800 --> 00:36:31,000 picture, right? And so that's kind of how I 719 00:36:31,000 --> 00:36:32,480 think the fun. Like there's, there's probably 720 00:36:32,480 --> 00:36:36,000 things, you know, in the middle there, but I think in layman's 721 00:36:36,000 --> 00:36:38,600 terms, you know, that's how I look at it. 722 00:36:38,600 --> 00:36:43,760 And, and that's ultimately, you know, PFPNFTS, you know, they 723 00:36:43,760 --> 00:36:49,280 are in the community and status symbol business. 724 00:36:49,280 --> 00:36:52,960 Now the the issue is, is I think a lot of people are predicated 725 00:36:52,960 --> 00:36:59,080 on like macro, you know, macro conditions from like a crypto 726 00:36:59,080 --> 00:37:02,440 market perspective or maybe, you know, regular traditional 727 00:37:02,440 --> 00:37:07,360 finance for that status and that Veblen good to yield value. 728 00:37:07,560 --> 00:37:11,400 But I, I actually think that if you have, you know, a million 729 00:37:11,400 --> 00:37:13,720 people in a community, 10 million people in a community, 730 00:37:13,720 --> 00:37:16,680 like what's a Veblen good or a status symbol for people who 731 00:37:16,680 --> 00:37:19,560 don't know that it yields status, right? 732 00:37:19,840 --> 00:37:24,240 And by getting people, you know, aligned alignment is interesting 733 00:37:24,240 --> 00:37:27,360 because they just go down the rabbit hole so much further and 734 00:37:27,360 --> 00:37:30,400 they're so much more passionate that they begin to understand 735 00:37:30,400 --> 00:37:32,560 the story and the profile pictures and all of these 736 00:37:32,560 --> 00:37:34,400 things. So if you actually understand 737 00:37:34,400 --> 00:37:37,160 how they marry and you think about it critically for 5 738 00:37:37,160 --> 00:37:41,880 minutes, you know, the, the, the logical conclusion that you come 739 00:37:41,880 --> 00:37:45,280 to is that they marry extremely well. 740 00:37:46,000 --> 00:37:50,000 And I think we're just kind of programmed to believe that, you 741 00:37:50,000 --> 00:37:52,960 know, again, off of the small case study we've had, you know, 742 00:37:52,960 --> 00:37:57,040 a couple years ago that that that is not the case. 743 00:37:57,360 --> 00:38:00,440 But if you look at the data and run the data of the last 12 744 00:38:00,440 --> 00:38:03,600 months, I think you see a different picture, a picture 745 00:38:03,600 --> 00:38:08,480 where, you know, one uplifts the other, you know, minus any short 746 00:38:08,480 --> 00:38:11,760 term, you know, whatever that looks like over the course of 747 00:38:11,760 --> 00:38:14,160 the mid to long term, they uplift each other in a really 748 00:38:14,160 --> 00:38:16,400 beautiful way. And the data supports that. 749 00:38:16,680 --> 00:38:19,440 So I think this is about like being open minded and, and 750 00:38:19,440 --> 00:38:23,400 understanding that, you know, data is law to a certain degree. 751 00:38:24,000 --> 00:38:28,680 And I think you're either going to do something like this, 752 00:38:29,320 --> 00:38:31,360 right? I, I, I told the I told the team 753 00:38:31,360 --> 00:38:35,280 this, I was like, you're either going to do something like this, 754 00:38:35,400 --> 00:38:39,000 create excitement, create more alignment, create a bigger base. 755 00:38:39,520 --> 00:38:43,400 And if you don't do this right from a PFPNFT perspective, I 756 00:38:43,400 --> 00:38:47,640 think you ultimately fade into a relevancy because the turn 757 00:38:47,640 --> 00:38:49,160 right. If you think about the turn from 758 00:38:49,160 --> 00:38:53,440 an NFT holder base, like there's just so many, so many fine 759 00:38:53,440 --> 00:38:56,800 details that are in, in the in between and then the minutia 760 00:38:57,200 --> 00:39:03,120 that like the turn on the NFT side, it is, it's too, there's, 761 00:39:03,160 --> 00:39:08,000 there's not much that you can do there, you know, outside of, you 762 00:39:08,000 --> 00:39:11,000 know, hoping for, for, you know, some sort of macro thing to 763 00:39:11,000 --> 00:39:13,480 change. I think really from APFPNFT 764 00:39:13,480 --> 00:39:16,640 perspective, especially in a market like today, like your job 765 00:39:16,640 --> 00:39:20,200 is to create excitement, right? Your job is to grow the group, 766 00:39:20,480 --> 00:39:22,240 right? And ultimately, you know, create 767 00:39:22,240 --> 00:39:25,520 moments that deepen that love and affinity for the brands. 768 00:39:26,000 --> 00:39:29,240 And, and ultimately, I just think it's really, we, we've 769 00:39:29,240 --> 00:39:31,720 seen this now and I don't know if it's really been pointed out, 770 00:39:32,160 --> 00:39:34,920 it really just comes down to alignment, right? 771 00:39:35,120 --> 00:39:38,280 Like how aligned are you and how motivated are you to push the 772 00:39:38,280 --> 00:39:40,320 boundaries, right? If you actually look at the 773 00:39:40,320 --> 00:39:44,240 pudgy story, you know, all things considered, I believe, 774 00:39:44,240 --> 00:39:47,000 and you may disagree, but I believe what we've done over the 775 00:39:47,000 --> 00:39:49,400 last two years is incredibly impressive, all things 776 00:39:49,400 --> 00:39:51,560 considered, especially if you look at like our financial 777 00:39:51,560 --> 00:39:53,760 resources and things like that, right? 778 00:39:53,920 --> 00:39:56,560 How we were able to accomplish that was because of the 779 00:39:56,560 --> 00:39:59,560 alignment and the belief of that core community and that core 780 00:39:59,560 --> 00:40:02,080 holder base, right? We were able to move mountains. 781 00:40:02,160 --> 00:40:04,360 In places that we weren't supposed to move mountains in, 782 00:40:04,800 --> 00:40:06,880 right? And, and, and that was because 783 00:40:06,880 --> 00:40:09,800 the nucleus was so strong. So we still have the same 784 00:40:09,800 --> 00:40:13,680 nucleus, right? And, and I would argue that, you 785 00:40:13,680 --> 00:40:17,440 know, as more as, as time goes on, that nucleus only gets 786 00:40:17,440 --> 00:40:21,280 stronger, but it's important that you have a huge base around 787 00:40:21,280 --> 00:40:24,680 that nucleus that understands what that nucleus is about. 788 00:40:24,840 --> 00:40:27,640 And then outside of that base, you have an even bigger base 789 00:40:27,640 --> 00:40:30,000 that is like the toy buyers. It's the, it's the Instagram 790 00:40:30,000 --> 00:40:32,160 followers, the TikTok followers, etcetera. 791 00:40:32,480 --> 00:40:36,000 So if you try to like paint a mental map around it, you know, 792 00:40:36,320 --> 00:40:39,880 the pieces kind of fit together. And I think that's just kind of 793 00:40:39,880 --> 00:40:43,040 my assessment on things. Well, certainly it's an 794 00:40:43,040 --> 00:40:46,280 objective, objectively impressive job that, that you 795 00:40:46,280 --> 00:40:49,960 and the team have done. And, and I agree on the holders. 796 00:40:49,960 --> 00:40:52,960 And again, the, the analogy in my head is the digital Country 797 00:40:52,960 --> 00:40:56,600 Club and it's the big pudgies. It's the little pudgies like it. 798 00:40:56,600 --> 00:41:00,920 It is all of our jobs to to be people that others want the and, 799 00:41:00,920 --> 00:41:05,480 and want to network with want to join our community. 800 00:41:05,480 --> 00:41:07,560 So that is a call to action and I appreciate you saying it. 801 00:41:07,800 --> 00:41:12,280 And I'll do my part to to share that that call out to others as 802 00:41:12,280 --> 00:41:16,720 well, because this is a big way that folks can find that the 803 00:41:16,720 --> 00:41:18,800 pudgy community. I I want to talk on toys a 804 00:41:18,800 --> 00:41:21,160 little bit and Diamond, because you you've talked about how toys 805 00:41:21,160 --> 00:41:24,080 are, you know, a big part of the funnel. 806 00:41:24,560 --> 00:41:28,680 Toys are included in the Pingu Aloe like how, what is the 807 00:41:28,680 --> 00:41:31,000 team's plan? Like how do those toy holders, 808 00:41:31,280 --> 00:41:33,520 how are they going to learn that they can join the huddle? 809 00:41:33,560 --> 00:41:35,200 Is is it going to be social media? 810 00:41:35,400 --> 00:41:37,640 Like what are your thoughts on actually bringing the the 811 00:41:37,680 --> 00:41:39,840 millions of toy holders into the the huddle? 812 00:41:40,680 --> 00:41:43,360 Yeah, so the messaging is really important here and and that's 813 00:41:43,360 --> 00:41:47,000 going to be communicated through Pudgy World, which, you know, 814 00:41:47,000 --> 00:41:49,280 kind of comes alongside abstract main net. 815 00:41:49,560 --> 00:41:53,000 But this idea that I could, you know, redeem I I can't actually 816 00:41:53,000 --> 00:41:55,600 speak to the to the fine details of it because I think it's kind 817 00:41:55,600 --> 00:41:57,840 of a surprise. But you know, if you're 818 00:41:57,840 --> 00:41:59,640 participating in Pudgy World, right? 819 00:41:59,640 --> 00:42:02,440 Let's say I know nothing about crypto and I just buy a toy from 820 00:42:02,440 --> 00:42:05,360 Walmart, right And you go through the flow and you scan 821 00:42:05,360 --> 00:42:07,080 it. It should be evidently clear. 822 00:42:07,400 --> 00:42:09,920 You know what you can do and how you can do with the things you 823 00:42:09,920 --> 00:42:12,800 you scan and and how that kind of ties into the Pangu Ala. 824 00:42:13,520 --> 00:42:16,680 Obviously I've been trying my best to communicate it, but you 825 00:42:16,680 --> 00:42:21,040 know, that stuff isn't common till until abstract maintenance 826 00:42:21,040 --> 00:42:23,400 slide because naturally, you know, the whole pudgy world and 827 00:42:23,400 --> 00:42:26,480 Walmart integration is, you know, predicated on that stack 828 00:42:26,480 --> 00:42:29,880 and no reason to change it. Obviously we've been really 829 00:42:29,880 --> 00:42:32,640 passionate about and been building abstract for the last 830 00:42:32,640 --> 00:42:34,680 six months and I think it's going to play a huge role in 831 00:42:34,680 --> 00:42:36,880 that, in that synergy. So I think it's going to come 832 00:42:36,880 --> 00:42:39,480 down to like interface and how we communicate that. 833 00:42:41,040 --> 00:42:43,400 And, and, and I think we've done a pretty good job of that up 834 00:42:43,400 --> 00:42:46,520 until that, you know, up until this point, you know, to the 835 00:42:46,520 --> 00:42:49,040 best of our ability, you know, over the last couple of years. 836 00:42:49,440 --> 00:42:54,600 But I think, yeah, I, I, I think that conversion is, is going to 837 00:42:54,600 --> 00:42:56,000 have to be clear in that respect. 838 00:42:56,000 --> 00:42:58,520 So, you know, abstract mainnet is in January. 839 00:42:58,520 --> 00:43:00,560 That's going to be a really exciting time. 840 00:43:00,680 --> 00:43:05,080 I think a lot the app shut up myriad a lot of a lot of people 841 00:43:05,080 --> 00:43:07,200 don't really know what we're building there, right? 842 00:43:07,200 --> 00:43:09,400 And I think once you see what we're building there, it's a lot 843 00:43:09,400 --> 00:43:12,600 different lens, right? I, I'm always trying to take a 844 00:43:12,600 --> 00:43:15,600 different lens, one that honestly seems obvious to me, 845 00:43:15,840 --> 00:43:17,880 right? Like the pudgy Penguin, you 846 00:43:17,880 --> 00:43:20,440 know, Playbook, if you want to call it, seemed obvious to me. 847 00:43:20,440 --> 00:43:22,600 I think what you're going to see at abstract is going to seem 848 00:43:22,600 --> 00:43:27,560 obvious to a lot of people. And so I'm excited to, you know, 849 00:43:27,560 --> 00:43:29,600 kind of show that to the rest of the world here shortly. 850 00:43:29,920 --> 00:43:32,560 Speaking of showing, I got a quick video show motherfuckers 851 00:43:32,560 --> 00:43:34,240 on here. Then I want to talk to you about 852 00:43:34,240 --> 00:43:38,480 this exactly, Luca, and how all of this ties in to abstract, 853 00:43:38,480 --> 00:43:40,280 because I think that's something that's really exciting. 854 00:43:40,400 --> 00:43:43,320 That was like the main narrative is like, hey, don't you know, be 855 00:43:43,320 --> 00:43:45,880 careful, you know, getting rid of your Penguin assets because 856 00:43:45,920 --> 00:43:47,120 literally that's the next thing up. 857 00:43:47,120 --> 00:43:49,360 But Sims, why don't you place a little video for them? 858 00:44:05,210 --> 00:44:09,050 Please check it out Myriad the market sign up abstract fan 859 00:44:09,050 --> 00:44:10,610 baby. We have a lot of markets open 860 00:44:10,610 --> 00:44:12,890 for pudgy Penguins. You can win 2 little pudgies 861 00:44:12,890 --> 00:44:15,170 right now and a bunch of other things on there for predicting 862 00:44:15,170 --> 00:44:17,490 around prediction markets based around Penguins. 863 00:44:17,490 --> 00:44:20,640 It looks like a lot of people had had it right so far when it 864 00:44:20,640 --> 00:44:24,600 comes to FDB and everything but Luca, so talk to me, how did 865 00:44:24,600 --> 00:44:27,880 this all tie back into abstract, which is obviously, you know, 866 00:44:27,880 --> 00:44:30,960 the next big play for you guys? It's the secret sauce. 867 00:44:30,960 --> 00:44:33,680 I know, I I've seen some threads and I and people are some people 868 00:44:33,680 --> 00:44:37,520 are getting it right. I think for us, you know, it's, 869 00:44:37,560 --> 00:44:44,000 it's it I can't, I can't, I can't, I can't, I can't, I can't 870 00:44:44,000 --> 00:44:46,120 say I, I can't say with real detail. 871 00:44:46,120 --> 00:44:48,560 I, I really want, I really want a surprise and delight here. 872 00:44:48,560 --> 00:44:52,360 And, and to be frank, I really just want to, you know, right 873 00:44:52,360 --> 00:44:54,400 now I've got a goal. The goal is to make sure that 874 00:44:54,400 --> 00:44:57,200 this Pengu claim is freaking phenomenal. 875 00:44:57,440 --> 00:44:59,920 You know, over the course of the next couple of hours and we get 876 00:44:59,920 --> 00:45:04,080 through all of these, you know, ridiculous D doses and API 877 00:45:04,080 --> 00:45:09,400 things that we're dealing with. And so, you know, I there, there 878 00:45:09,400 --> 00:45:11,880 there will be clarity on that sooner rather than later. 879 00:45:12,200 --> 00:45:15,040 And I think how they marry is super fascinating, right? 880 00:45:15,040 --> 00:45:17,480 Because I think the, the difference between I think the 881 00:45:17,480 --> 00:45:23,200 chain and pengu is, you know, pengu, you are assessing it, you 882 00:45:23,200 --> 00:45:27,200 know, based on its ability to become a cultural phenomenon and 883 00:45:27,200 --> 00:45:28,880 if you believe that or not, right. 884 00:45:28,880 --> 00:45:31,320 And if you believe in the strength of the community and, 885 00:45:31,440 --> 00:45:34,880 and the thesis, right? And I think the chain is really 886 00:45:34,880 --> 00:45:38,640 existing for other people to build in the same spirit that 887 00:45:38,640 --> 00:45:42,800 we've built at Pudgy, right? And, and so, you know, almost 888 00:45:42,800 --> 00:45:46,960 look at, you know, Pudgy as kind of the vertical North star to 889 00:45:46,960 --> 00:45:50,720 kind of show what I think consumer crypto can look like in 890 00:45:50,720 --> 00:45:53,400 its final form. And then look at abstract as 891 00:45:53,400 --> 00:45:56,680 like the horizontal layer in which people can kind of build 892 00:45:56,680 --> 00:45:59,400 on top of that vertical North star, if that makes sense, that 893 00:45:59,400 --> 00:46:01,480 maybe that's a good visual picture for most. 894 00:46:01,880 --> 00:46:06,880 You know, ultimately, I, over the last couple of weeks, I 895 00:46:06,880 --> 00:46:09,240 really came to this conclusion. I think we've got one of the 896 00:46:09,240 --> 00:46:12,880 best groups, right? Obviously, you know, not our, 897 00:46:13,040 --> 00:46:16,320 not our greatest moment with the claim stuff, but you know, I, I, 898 00:46:16,320 --> 00:46:18,800 I think this group, both on the abstract and on the Penguin 899 00:46:18,800 --> 00:46:22,800 side, I think the igloo and its totality is a very special group 900 00:46:22,800 --> 00:46:25,760 of people, one that I think when it's all said and done, will go 901 00:46:25,760 --> 00:46:28,320 in the history books of, of what it is to build in crypto. 902 00:46:28,560 --> 00:46:31,000 I think we're going to set a tone here that is exponentially 903 00:46:31,000 --> 00:46:34,720 different than most. And obviously we have a ton of 904 00:46:35,720 --> 00:46:38,720 so many ways to go, right? Like job is so far from 905 00:46:38,720 --> 00:46:40,760 finished. I'm already committed here to 906 00:46:40,760 --> 00:46:44,040 sign up for the next 1520 years. Like this is this is the end 907 00:46:44,040 --> 00:46:47,720 game for me. And, and I want us to be, you 908 00:46:47,720 --> 00:46:50,200 know, cryptos, consumer conglomerate. 909 00:46:50,200 --> 00:46:52,960 I want to own consumer, I want to own culture. 910 00:46:53,120 --> 00:46:56,280 I want to own to the best of my ability, you know, what it looks 911 00:46:56,280 --> 00:46:58,720 like to build and nurture a community in the space. 912 00:46:59,160 --> 00:47:01,880 And I think that's one of the excitements around pudgy, right? 913 00:47:02,160 --> 00:47:05,320 I, I, you'd be really hard pressed and I might be biased, 914 00:47:05,320 --> 00:47:07,640 but I think everyone would assume like there's really no, 915 00:47:08,520 --> 00:47:10,720 even if you're a pessimist, like there's no three better 916 00:47:10,720 --> 00:47:13,440 communities than this. It's so diverse, it's so 917 00:47:13,440 --> 00:47:17,680 universal. It, it, it goes to every region. 918 00:47:17,680 --> 00:47:21,120 People in Asia understand pengu and pudgy Penguins. 919 00:47:21,360 --> 00:47:24,520 People in America understand it. And it's like, how can you bring 920 00:47:24,520 --> 00:47:28,720 all that entire melting pot right onto, you know, a layer 921 00:47:28,720 --> 00:47:31,400 that kind of be built on top of and you know, really in the 922 00:47:31,400 --> 00:47:33,640 spirit in which we're building, I've been kind of clear and 923 00:47:33,640 --> 00:47:34,880 abstract. But like, hey, if you're 924 00:47:34,880 --> 00:47:38,560 building the next great D5, you know, protocol, you know, I, I, 925 00:47:38,720 --> 00:47:40,800 you know, there's, I think there's better places to deploy, 926 00:47:40,800 --> 00:47:42,280 right? I'd, I'd probably point you to 927 00:47:42,280 --> 00:47:44,960 bear a chain or probably point you to arbitrum, right, Like 928 00:47:44,960 --> 00:47:46,800 they're more suited for that type of product. 929 00:47:47,080 --> 00:47:51,040 But if you want fun and viral and momentum, right, and, and 930 00:47:51,040 --> 00:47:55,280 consumer adoption, I ultimately think, you know, what we're, 931 00:47:55,840 --> 00:47:58,280 what we've shown at Pudgy, what we're going to show at Tangu, 932 00:47:58,280 --> 00:48:01,000 which I think is going to be the, the best that anyone's ever 933 00:48:01,000 --> 00:48:04,360 seen up until this point. You know, if you want to build 934 00:48:04,360 --> 00:48:07,160 in that spirit, you know, I think I think this will be the 935 00:48:07,160 --> 00:48:11,200 home for you. So I, I think in, in the 936 00:48:11,200 --> 00:48:14,360 simplest terms, without giving details, I'd probably say like 937 00:48:14,360 --> 00:48:16,440 the at the highest level, that's how they marry. 938 00:48:16,840 --> 00:48:20,080 But you know, there's, there's definitely some fine minutiae in 939 00:48:20,120 --> 00:48:23,840 in between the fine print that I think will give more clarity as 940 00:48:23,840 --> 00:48:29,280 January starts to set in. I'm not sure what else holders 941 00:48:29,280 --> 00:48:31,840 or potential holders would want to hear other than that and that 942 00:48:31,840 --> 00:48:35,520 you've got a 15 to 20 year plan to make this just a total crypto 943 00:48:35,520 --> 00:48:38,800 consumer conglomerate. It's a plan that I'm bought in 944 00:48:38,800 --> 00:48:40,000 on. I can't wait to see the team 945 00:48:40,000 --> 00:48:42,240 execute. Met the team again, just coming 946 00:48:42,240 --> 00:48:44,960 away from Art Basel. My take away is this team has 947 00:48:44,960 --> 00:48:47,520 got it on lock and this is a team I want to bet on and I 948 00:48:47,520 --> 00:48:49,960 already had and I wanted to bet deeper and I did that. 949 00:48:50,360 --> 00:48:51,880 I guess. I know you're busy, Luca, you 950 00:48:51,880 --> 00:48:54,120 got to run. I guess any of this last words 951 00:48:54,200 --> 00:48:57,080 for the community or maybe those who have, you know, stuck it out 952 00:48:57,080 --> 00:49:00,160 with you here for a few years on on this big day. 953 00:49:00,160 --> 00:49:03,320 Any final notes? All I can say is if you think 954 00:49:03,320 --> 00:49:05,200 this is all I've got, you got another thing coming. 955 00:49:05,520 --> 00:49:07,480 I think the best of us is yet to come, right? 956 00:49:07,480 --> 00:49:10,560 And for US, timing was so important here because I wanted 957 00:49:10,560 --> 00:49:13,880 to be at the beginning of, of a really special moment in time. 958 00:49:13,880 --> 00:49:17,640 I think when you look at crypto and, and the industry as a whole 959 00:49:17,640 --> 00:49:21,520 from, you know, the legal, you know, the, the, the, you know, 960 00:49:21,560 --> 00:49:24,560 the, the new cabinet that's coming in, and then just the 961 00:49:24,560 --> 00:49:28,120 tone around crypto, I think it's, I think this is the moment 962 00:49:28,120 --> 00:49:30,360 you make history, right? And I think this is the moment 963 00:49:30,360 --> 00:49:33,480 you put you, you, you set your mark in the history books. 964 00:49:33,720 --> 00:49:37,200 And, and I, I know what role we're going to play for the 965 00:49:37,200 --> 00:49:39,800 industry. And I know that nobody can do 966 00:49:39,800 --> 00:49:43,360 that role better than us, right? And so, you know, there's a ton 967 00:49:43,360 --> 00:49:46,280 of talented builders in crypto, all, you know, serving their 968 00:49:46,280 --> 00:49:48,240 purpose to help push the industry forward. 969 00:49:48,560 --> 00:49:52,000 I know what our purpose is, and I think it's going to be a 970 00:49:52,000 --> 00:49:54,560 really exciting time for everybody in the Touchy 971 00:49:54,600 --> 00:49:58,120 ecosystem. There you go, I fucking love it. 972 00:49:58,240 --> 00:50:00,240 Love to see that. Tyler, do you get what you need 973 00:50:00,240 --> 00:50:02,440 at Luca today? I'm ready to run through a brick 974 00:50:02,440 --> 00:50:04,880 wall. Of course you are, dude. 975 00:50:05,200 --> 00:50:07,640 Of course you're Luca. Congratulations, man, That's 976 00:50:07,960 --> 00:50:10,720 that's big, big day. Can't wait for everybody to be 977 00:50:10,720 --> 00:50:13,080 able to claim their Pengu and be part of what's next. 978 00:50:13,080 --> 00:50:16,560 And excited for abstract the I'm hearing things I'm hearing it's 979 00:50:16,560 --> 00:50:19,120 going to be a big one. I appreciate you boss. 980 00:50:19,120 --> 00:50:21,920 I'm going to get back in the war room and make sure all this 981 00:50:21,920 --> 00:50:25,360 stuff is settled there. Yeah, brother. 15 people in here 982 00:50:25,360 --> 00:50:27,520 going, so I'll get back to it. Thank you for the time for rope. 983 00:50:27,520 --> 00:50:28,480 Hi. Man, thanks for coming. 984 00:50:29,000 --> 00:50:30,040 Later. Here's thing. 985 00:50:30,200 --> 00:50:31,680 All right, all right, hang tight. 986 00:50:31,760 --> 00:50:33,920 I know there's 2000 people on here because we are about to 987 00:50:33,920 --> 00:50:36,080 give away. We're about to give away some 988 00:50:36,080 --> 00:50:37,760 money here. So if you go to rafflebot dot 989 00:50:37,760 --> 00:50:41,000 XYZI think we posted it. Yeah, it's pinned at the top 990 00:50:41,000 --> 00:50:46,440 here, Rafflebot dot XYZ. We're doing one of the loot box 991 00:50:46,440 --> 00:50:49,680 spins start to to our partners over here at Real Bit and we're 992 00:50:49,680 --> 00:50:52,640 going to RIP A5000 spins live on air right now on video. 993 00:50:52,640 --> 00:50:57,480 So go to rafflebot.exe, sign up. The code is Pengu P/E NGU. 994 00:50:57,640 --> 00:50:59,560 I'm going to chit chat with the boys here for 2 minutes to give 995 00:50:59,560 --> 00:51:01,080 you guys time to sign up. It's really quick. 996 00:51:01,080 --> 00:51:03,280 So rafflebot dot XYZ, be careful scams. 997 00:51:03,280 --> 00:51:05,680 It's really pinned at the top of the Twitter Spaces right now. 998 00:51:05,840 --> 00:51:09,320 It's right there. Sign up and use Code PENGU P/E 999 00:51:09,320 --> 00:51:14,080 NGUPNGU to sign up and you may have a chance to win a Penguin. 1000 00:51:14,080 --> 00:51:17,160 Let me tell you guys, I loaded up that blue box with just 1001 00:51:17,160 --> 00:51:18,960 Penguins and then red guys to offset it. 1002 00:51:20,080 --> 00:51:22,720 So it's really like just Penguins and red guys. 1003 00:51:22,880 --> 00:51:25,080 That's all there is in there. But Mendo, what are your 1004 00:51:25,080 --> 00:51:26,440 thoughts here? I mean, you got to hear from 1005 00:51:26,440 --> 00:51:29,400 Luke himself directly. How how do you feel after 1006 00:51:29,400 --> 00:51:32,160 hearing him on the show? Yeah, he speaks very well. 1007 00:51:33,440 --> 00:51:38,600 I agree there's a bit of PSDPSPTSDPTSD after after ape 1008 00:51:38,800 --> 00:51:42,360 like people are wary about what to to ask about. 1009 00:51:42,360 --> 00:51:45,880 I do think that the that in some ways the Pudgy Penguin brand, 1010 00:51:45,880 --> 00:51:50,000 like you said, is, is in some ways like just as strong as ape 1011 00:51:50,000 --> 00:51:52,120 was back then. Like I think ape was a little 1012 00:51:52,120 --> 00:51:55,240 bit divisive back then and the Baudette community was, whereas 1013 00:51:55,240 --> 00:51:58,880 Pudgy doesn't really have that like device divisive bit to it. 1014 00:51:58,880 --> 00:52:01,240 Like you don't find people who hate pudgies, right? 1015 00:52:01,720 --> 00:52:06,880 And even back then people hated apes like they hated them, which 1016 00:52:07,000 --> 00:52:09,720 helps when you're going to bring or like have an inclusive token 1017 00:52:09,720 --> 00:52:15,040 like he says to like bring everything together at the same 1018 00:52:15,040 --> 00:52:16,480 time. You know, like we just spoke 1019 00:52:16,480 --> 00:52:19,000 about the start of the show, like Solana has been, has not 1020 00:52:19,000 --> 00:52:21,080 been the easiest place right now. 1021 00:52:21,080 --> 00:52:24,880 Like for a token to go to, like if it was to do like a two or 1022 00:52:24,880 --> 00:52:27,680 three X from here, It's not that I don't think it can. 1023 00:52:27,680 --> 00:52:30,960 I just think that would be very, very against the grain of what's 1024 00:52:30,960 --> 00:52:34,440 been going on. But it does feel like they're in 1025 00:52:34,440 --> 00:52:37,440 a very good spot though. Yeah, I think so too. 1026 00:52:37,520 --> 00:52:40,960 It's it's just, I think it's just a bummer here that people 1027 00:52:40,960 --> 00:52:42,120 are having troubles, but it is what it is. 1028 00:52:42,120 --> 00:52:43,360 I think we were expecting it, right. 1029 00:52:43,360 --> 00:52:44,960 I think it's something that those. 1030 00:52:44,960 --> 00:52:46,480 Expectations. I mean, we know this every 1031 00:52:46,480 --> 00:52:48,800 single every single mint day is always a fucking disaster. 1032 00:52:48,800 --> 00:52:50,080 It's. Always like that, right? 1033 00:52:50,120 --> 00:52:52,800 Isn't the worst day Always right as a founder as the actual mint 1034 00:52:52,840 --> 00:52:54,840 day. Fuck did you guys break 1035 00:52:54,840 --> 00:52:56,240 rafflebot? Oh my God. 1036 00:52:57,680 --> 00:53:00,640 Fuck me, dude. They broke the fucking bot. 1037 00:53:00,640 --> 00:53:05,800 Sims, can we still run it? It's. 1038 00:53:07,000 --> 00:53:08,400 Yeah. Can we still run it? 1039 00:53:08,920 --> 00:53:11,760 Oh, you're muted? I'm asking Ty but it's it's got 1040 00:53:11,760 --> 00:53:13,720 a time out because of how many people just hit it. 1041 00:53:14,120 --> 00:53:14,680 Yeah, it's. Coming. 1042 00:53:14,680 --> 00:53:15,000 Really. Wow. 1043 00:53:15,000 --> 00:53:18,480 Yeah. I mean that's hilarious. 1044 00:53:18,520 --> 00:53:20,280 I mean, in the meantime, make sure you sign up for Marriott 1045 00:53:20,280 --> 00:53:22,800 dot Marcus shout to Lucas. We'll be we'll be we announced 1046 00:53:22,800 --> 00:53:25,320 that last week at our basil together that we're we're going 1047 00:53:25,320 --> 00:53:29,480 to be building myriad markets on on on on abstract. 1048 00:53:29,480 --> 00:53:32,200 I'm excited, man, like honestly, like as someone who's like, you 1049 00:53:32,200 --> 00:53:34,600 know, with locks, Marcio and everything, like as people have 1050 00:53:34,600 --> 00:53:37,640 like had to like make a pic and look at to a lot of L twos, a 1051 00:53:37,640 --> 00:53:39,440 lot of different L ones. Obviously like been approached 1052 00:53:39,440 --> 00:53:41,960 by a bunch of them. We decided to go with these guys 1053 00:53:41,960 --> 00:53:43,920 because honestly, like obviously, like Luca is really 1054 00:53:43,920 --> 00:53:45,320 good storyteller. He's good at speaking right, 1055 00:53:45,320 --> 00:53:46,840 like every team. You hear him speak like fuck, 1056 00:53:46,840 --> 00:53:49,160 like I can't be more bullish, but also like genuinely the team 1057 00:53:49,160 --> 00:53:50,840 around it, right. Like I saw Mungo at some point 1058 00:53:50,840 --> 00:53:53,440 was trying to come up shave and they have like a bunch of really 1059 00:53:53,480 --> 00:53:56,440 like SIGAR like their tech team also is like actually proper 1060 00:53:56,840 --> 00:53:59,320 like it's really, really, really good quality team. 1061 00:53:59,480 --> 00:54:01,480 And I know that because that's what the teams reported back to 1062 00:54:01,480 --> 00:54:03,600 me ever said take care of nothing on tech side behind the 1063 00:54:03,600 --> 00:54:07,120 scenes, but they're just good and they just care and and 1064 00:54:07,120 --> 00:54:08,680 they've done us well. So if you go sign up. 1065 00:54:08,680 --> 00:54:11,840 So while the raffle bus broken dude, y'all should be signing up 1066 00:54:11,840 --> 00:54:15,840 to this and you don't even need a Penguin to do so, but sign up. 1067 00:54:16,000 --> 00:54:18,840 And then if you have a Penguin or a little Penguin, it just so 1068 00:54:18,840 --> 00:54:20,560 happens that you get even more points. 1069 00:54:20,560 --> 00:54:25,320 So Marriott dot markets, MIMIRIAD dot markets. 1070 00:54:25,640 --> 00:54:28,760 If you connect your wallet, you can claim 2000 points per pudgy 1071 00:54:28,760 --> 00:54:33,200 Penguin up to 10,000 points, 200 points per little pudgy, and 1072 00:54:33,200 --> 00:54:35,400 then you can do a bunch of different quests and also put 1073 00:54:35,400 --> 00:54:36,680 your market. So let's get some of those 1074 00:54:36,680 --> 00:54:38,160 markets here. I actually curious what you guys 1075 00:54:38,160 --> 00:54:41,440 think, Mendo and Tyler, the latest market that they put up 1076 00:54:41,440 --> 00:54:45,800 there was will Pangu market cap reach $7 billion by end of year, 1077 00:54:46,480 --> 00:54:48,280 yes or no? What do you guys think? 1078 00:54:49,160 --> 00:54:50,360 Tyler's yes. Minor. 1079 00:54:50,360 --> 00:54:52,080 What do you think? I think it's highly likely to 1080 00:54:52,120 --> 00:54:53,720 happen too. I like that. 1081 00:54:53,800 --> 00:54:55,320 I like that. I think so as well. 1082 00:54:55,320 --> 00:54:57,840 I think like obviously you have like a lot of people frustrated 1083 00:54:57,840 --> 00:55:00,080 are going to like rush to dump here when they can claim because 1084 00:55:00,080 --> 00:55:02,280 they're just unhappy with the claim process. 1085 00:55:02,480 --> 00:55:04,600 And a lot of people also were planning on dumping because at 1086 00:55:04,600 --> 00:55:06,800 the end of the days, life changing money for a lot of 1087 00:55:06,800 --> 00:55:09,000 people today, like a lot of people today, like we minted a 1088 00:55:09,000 --> 00:55:12,160 few millionaires today, right? So I think it's normal, but I 1089 00:55:12,160 --> 00:55:15,960 would not be surprised if we see like a pump back up above 7 1090 00:55:15,960 --> 00:55:18,520 billion will Pudgy Penguins floor. 1091 00:55:18,520 --> 00:55:21,320 And I'm curious to see what you guys think in the comments. 1092 00:55:21,320 --> 00:55:23,200 So keep typing while we fix this raffle button. 1093 00:55:23,200 --> 00:55:25,400 Let's see who winds up potentially pudgy Penguin right 1094 00:55:25,400 --> 00:55:27,680 now. Will Pudgy Penguins floor stay 1095 00:55:27,680 --> 00:55:30,400 higher than Bitcoin by January 10th? 1096 00:55:33,480 --> 00:55:35,240 Because. We're lower now, right? 1097 00:55:35,240 --> 00:55:36,320 Like what's the pudgy? For what's? 1098 00:55:37,400 --> 00:55:41,840 Bitcoin 30 is Bitcoin 30 ETH. Yeah, yeah, you're right. 1099 00:55:41,840 --> 00:55:43,480 Right. Bitcoin's one O 6 right now. 1100 00:55:43,480 --> 00:55:47,160 Oh, it's less than that. It's like 27 or something. 1101 00:55:47,320 --> 00:55:49,240 It's about 27, yeah. OK. 1102 00:55:49,720 --> 00:55:50,920 Yeah, I know. I don't think it's on that one. 1103 00:55:50,920 --> 00:55:54,480 That's tougher because. You have abstract coming though. 1104 00:55:54,480 --> 00:55:56,360 He has another catalyst, literally. 1105 00:55:56,360 --> 00:56:02,360 Abstract is big catalyst. I think they'll go over 27. 1106 00:56:02,880 --> 00:56:05,360 January 10th is a tight window. That's like a three-week window. 1107 00:56:05,360 --> 00:56:07,520 So. Specific window is tough, but 1108 00:56:07,520 --> 00:56:09,040 yeah, I'm I'll take I'll take yes on. 1109 00:56:09,320 --> 00:56:10,920 This but you have the inauguration pump on the way 1110 00:56:10,920 --> 00:56:13,080 right like pre inauguration pump like Bitcoin here is not going 1111 00:56:13,080 --> 00:56:14,560 to be a one O 6 right You got to think. 1112 00:56:14,600 --> 00:56:17,040 My big pudgy ping with comments and his inaugural address. 1113 00:56:20,120 --> 00:56:23,320 Yeah, Baron. Baron is fucking bidding, dude. 1114 00:56:23,360 --> 00:56:25,520 Baron is bidding. OK, so you guys are on the on 1115 00:56:25,520 --> 00:56:30,200 the yes side. I don't know, I don't want to 1116 00:56:30,200 --> 00:56:33,720 say no, but I don't know this one so far it looks like, you 1117 00:56:33,720 --> 00:56:38,400 know, people heavily favoring the the no, but we'll see. 1118 00:56:39,000 --> 00:56:40,560 Let's see what what other markets are there in there? 1119 00:56:41,760 --> 00:56:43,440 Where will mark the Penguin market cap? 1120 00:56:43,440 --> 00:56:45,120 And I mean that was that was a little weak. 1121 00:56:45,120 --> 00:56:47,240 I think obviously it's going to be above 1 billion here. 1122 00:56:48,880 --> 00:56:51,440 And then you have a bunch of yeah, we'll we'll hit over a 1123 00:56:51,440 --> 00:56:52,880 billion. Yeah, I mean, yeah, I mean, 1124 00:56:52,880 --> 00:56:54,680 let's look at the statistics a little bit here. 1125 00:56:55,320 --> 00:56:57,760 We have 201,000 holders. Wow. 1126 00:56:58,720 --> 00:57:02,840 So that's that's pretty wild. 350 million in volume. 1127 00:57:03,600 --> 00:57:07,040 Wow, $350 million of volume and it's that's just on decks, 1128 00:57:07,040 --> 00:57:08,320 right? It's just one pool, so it's 1129 00:57:08,320 --> 00:57:11,560 closer to 500 million. Wow, I wonder how much volume 1130 00:57:11,560 --> 00:57:13,360 it's doing right now on on Nance and stuff. 1131 00:57:13,360 --> 00:57:15,320 Right, because it's live on Nance by bit and everything. 1132 00:57:16,360 --> 00:57:19,200 If you pull up the like the meme board on coin market cap, you 1133 00:57:19,200 --> 00:57:20,880 got a new joiner. It's already in there. 1134 00:57:21,200 --> 00:57:24,560 Already. Geez 8. 130 million in volume. 1135 00:57:24,560 --> 00:57:28,800 It's been live for three hours. Wow, that's very, very high. 1136 00:57:29,160 --> 00:57:35,040 Wow, wow, the code word is Pengu P/E NGU OK, looks like it's 1137 00:57:35,040 --> 00:57:36,760 looks like the the site is working again. 1138 00:57:36,760 --> 00:57:41,080 Pengu P/E U P/E NGU. What do y'all think in the 1139 00:57:41,080 --> 00:57:42,120 audience? I mean, you know what, don't 1140 00:57:42,120 --> 00:57:44,320 tell us what you think. Sign up to me at markets and go 1141 00:57:44,320 --> 00:57:47,320 predict and get your points. USDC markets will be live on 1142 00:57:47,320 --> 00:57:50,640 abstract whenever abstract main Nets, they don't want to spill 1143 00:57:50,640 --> 00:57:53,000 too many beans here, but it's it's going to be a big one. 1144 00:57:53,000 --> 00:57:54,840 It's going to be a good one. So definitely excited.