Yo-yo yo what up what up Good morning good morning Wednesday
this Wednesday Wednesday May 29th 2020 look at that another
beautiful day to have a beautiful day.
I got my Co host in the house, Tyler Mando.
How you guys doing today? Doing fantastic, good to be
back. Feeling great, some wild action
in the past couple days so we've got plenty to talk about.
Stoked to get into it with you. Dude, there's so much.
To join the show. I tried to join the show
yesterday when I was out for lunch with OSF.
When we went out to get lunch and I was like, oh, you can come
on and we can talk on the show. And then Lisbon 4G, oh, actually
it was 3G. Where we were was.
There's no like, yeah, 2G2G, you're being very generous right
now with Lisbon, but you can be has.
Good broadband, it has bad phone, phone reception that's.
I don't know, I'm convinced at this stage that even if you
connect the fucking thing to Ethernet, it won't work.
So mind the next step mind is going to try like actually plug
his computer into the to the to the wall with the Ethernet and
it's still not going to work right.
How is Lisbeth? How is the NFS?
Dude, I love the I I it's like my favorite conference,
honestly, top three, top three, my favorite conference are all
in Europe, honestly, because it's such there's not there's no
better vibe than Europe in general, but like Euro summer is
there. Yeah, it's.
Always good. It was also like last time the
conference, it was really bad weather.
It's been really good weather now, so OSF turned up like he
was going to a stag party. Like he had like.
No buttons on his shirt I. Was like what?
What are you doing? But yeah, it was it's been nice
weather. I the conference was was pretty
busy. The most busy room was the meme
con bit of it like for sure, but that I think it was this was
like their main day as well. Yeah, there was such a cool
little vibe. Gave me or no?
We no, not really. It was choppy.
We kind of broke off. Oh, now you're Nah.
Now you're frozen. Now we lost him.
And this man just said he has great broadband like.
The 2nd meme Hold on, let's steer it a shot.
Commando test 1-2 Can you hear me?
Have I actually gone or not? Now you're good.
Now you're back. You're back.
You're actually gone. I'm not even making fun.
I. Can hear you.
I'm not Mimi. I can actually see your videos
as well so I don't know what's. Going on perfect, perfect,
You're good, you're good. It's the epic duck behind just
too much power. Maybe.
Maybe I'll just come back. Maybe do that, maybe 'cause now
his lips are moving different than his voice.
It's so funny when that happens. It's true.
There was meme con yesterday. Let me let me see the I'm
looking at the timeline, see if I can find some photos of OSF
I'm going through. Surely there's like a photo of
OSF at meme con? I'm trying to find OSF at meme
con on the timeline right? Now he looked like he was gone
on a stag do or bachelor party, whatever like.
Stag is a bachelor party Yeah, for those of you who who who who
don't know that's what a stag is So.
So tell me more so you did you go to NFC as well?
Just oh, it's on one it's all under one roof, right.
It's. One building, it's more like
meme Con is just like a. It's one of the rooms inside the
Lisbon Conference. It's a.
Beautiful. Place, yeah, it's a nice spot,
like in the park, just like above, basically like the basin
of Lisbon. But it's it was good.
I'm going to go down there again today after this is done.
Check out that's that's crazy that they they had me speaking
there, but I'm here. Oh my God.
That's gush as well. That's the guy who created
Crypto Leos in the in. The bar Bar bar Barthesian.
No, that's Gersh. That's Gersh.
Now he's got the long hair like that.
Yeah. No, Gersh is here.
Gersh is the the guy on stage, yeah.
I mean here. I have no idea who that is.
Well, it looks like it's someone called King Moolah.
That's that's what it looks like.
I'm trying to find a picture. I'm going through meme con right
now on the timeline. Oh, there he is.
Oh yeah, the shirt. The shirt.
That's the shirt. That's a boozing shirt right
now. That's the shirt, it's talking
to my boy. I think that's Kevin next to him
from from Mimland. If I'm not, I was with him in in
Hong Kong. Great lad, great lad.
So so did you also speak at Mimcon?
I was sitting right next to over there.
That's almost like me taking a photo.
But so take us take us through what happened because it was
really fucking sick. Like I was on a timeline looking
at this and you were sharing the video of people making everyday
live. And then obviously they have
your coin epic at the very top. Like take me through the process
of like take me through like the like what happened?
Like how come? Like how did he pick the list?
Like how does this whole thing go down?
He was just going through the replies to his tweet.
I didn't even speak to people. So that wasn't me meeting him in
person or anything like that. Like he just, I think he went
through the replies for his tweet.
He I had spoken to him before, like he'd messaged me when it
first launched and I didn't know if he was sniffing around, but I
haven't I haven't gone and shielded to him.
Actually, that was our last conversation.
So maybe I should, I should get in his DMS again, being like,
hey, man, this thing isn't dead. In case you weren't looking for
any, any, you know, inspiration. But yeah, that's, that's the
last conversation. But yeah, I love people.
He's a, he's a, he's good. He's good in person.
He's like one of these people that actually has really got
quite a lot of magnetism to me, even in person.
Yeah, I, he's actually really like a top lad.
Like people is actually so fun, so humble and he does a lot of
fun stuff and he he likes to put everyone on.
So he's got like 12345678910. Well, there's like 2530 tokens
on this thing. Like there's even some in red
here. That is hilarious.
You must have been freaking out in that room when he put you
guys on top of it. That's so good.
Yeah, I saw it and I was like, wow, like maybe he didn't
remember it. Maybe he remembered it.
I don't know. But I didn't.
Like I said, I haven't. I haven't spoken to people since
he's been it so. Well I saw the video you posted
yesterday and like oh I may not find it because you have been on
a retweeting rampage which is actually fun to watch.
I do have your notification. That was from a holder.
He was a whole this video OK, and and yeah, yeah, yeah, BBA
poster is true is true is true. He was there, but that's that
looked a lot of fun, man, honestly, it's there.
It is that's live. That's so cool that he's doing
it live like that. I got the chance to watch people
do it live every day once and it's opening.
Tyler, did you, did you ever watch people do it live every
day in like in person? Well, I haven't seen it in
person. I haven't I had a chance to talk
to him at MTNYC last year. So I, I shared Mando's thoughts.
He's a super fun guy to talk to, great energy.
But Mando, all, all the holders were going nuts on the timeline
and this was all playing out because we, we're printing
insane green candles. So, I mean, this was one of the
the highlights of the year so far.
Oh yeah, the people, the people that were like Tyler and I like
at home, neither at consensus or in Portugal at NFC, Memecon,
etcetera. Like we were losing our minds
like. But The thing is, we're having
our own conference right now as well.
Like there's consensus, there's NFC and there's celebrity meme
coins, all three of them at the same time.
So, you know, I feel like I chose the right conferences to
sit out for once in my life. I'm home when something.
Yeah, like it's so tough. Like I, I had to do the minutes
in like I did, I went on stage and then do the minutes
afterwards and I was like, how have I missed all this stuff?
Like what has been going on? Like you literally I was like
out of the market for a few hours and you just feel like you
missed so much. Well.
I don't even understand. What's going on like?
Well, we've got you covered on that and we're going to bring
you know what hold that thought real quick.
I see Frank's in the comments, not Frank.
I sent you a stream yard link. If you want to join us on video
today, you're more than welcome to check your DMSI saw him
comment here GM, so I may as well send him a link anyway
today on the show, so we'll get to that today on the show today
today crypto market report as usual, so we'll talk about the
market, but we don't have to go over it too much like it's flat
not much going on. You know the usual the usual
things the ET FS doing well, blah blah ZK casino to 72 hours
for ETH withdrawals ENS to migrate to L2.
Oh my God, I didn't know that OK, interesting Cardano finally
dropped out of top ten. We're we're getting somewhere.
Which part of the cycle is this? Right?
Same question Mendo and and you have Salami Ryan Salami
sentenced 7 1/2 years in jail. You know just a bunch of stuff
going on. You know me all its memes and
dreams. I mean that is what we're going
to spend the bulk of this show on.
I am pretty sure so celebrity meme coins we're going to talk
about Jenner we're going to talk about because I listened to both
bass. I was on the Iggy Zella space
all night, but on anonymous mode because I was tired last night.
So I was up to like 2:00 in the morning.
So I'm not going to lie like I did listen because I just always
find these things so fascinating and it's so intriguing.
So yeah, I was listening to Frank and all these guys just on
there with with Iggy Zella. I thought it was hilarious.
Of course, like, you know, to each their own when it comes to
risk, be careful and that's your own risk.
And then, you know, the return of ordinals maybe puppets seem
to have bought in a .1 Bitcoin. Tyler, I'm sure we'll talk about
that. Let's talk about let's do a
little, let's make today more about like meme coins, alts,
memes and dreams, you know, NFTS, etcetera.
And then Frente Cristiano what? 4th NFT drop.
OK, I guess Cristiano Ronaldo. I mean actually I want to talk
about that celebrity meme coins versus celebrity NFTS because
the NFT part seems to be much more welcome on the timeline
that the meme coin part. What's the difference if they're
all coins pictures? Hmm, keep that thought.
Let that in your brains both of y'all 'cause we're going to get
to that one. I want to ask you that because I
noticed a huge difference in the way people react to that
anyways. And then, you know, MOG just,
you know, hitting hitting all time high right on the back of
of Robit announcing that they're doing futures on it.
But literally like two like 2 minutes later man, it was crazy.
Last time I was what I watched an epic God candle, a mog God
candle, a whiff God candle, all at like midnight.
It all happened been super late, so that was a lot of fun.
So I'm sure we'll have a lot of talk about and as usual, this
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But anyways, anyways, anyways, without further ado, I'm
actually going to go I'm going to go to to to Tyler first
because, you know, markets marketing, but Tyler, you know,
like Mando was saying, we're going to need a TLDR of what the
F is going on on the timeline right now.
NFT and crypto analysis Tyler T on FOMO our calls the kids
can't. Read The Bachelor Bears.
This is good. Yeah, broke there.
There's a ton going on, so just at a high level.
So the celebrity mean coin craze continues after Iggy Azalea
drops a stealth token and just absolute chaos ensued.
She was on Twitter all night doing spaces, bull posting
everything. We'll get into the details here
in a minute. We saw PAC Moon introduce its
social validator model for its V2, which allows its largest
holders to have the voting power used for liking posts, and
that's how the new tokens are going to be distributed, so an
interesting model there. Frentech teased an L2 called
Frenet as its next potential move, along with a new season of
points and a new concept called Club Wars.
In other headlines, we saw the Fancy Top Main Tourney 3 kick
off yesterday, while the Common 15 Star tournament ended.
We saw Pump dot Fun launch live stream, but then it's token
launching platform. We saw the Trump tokens all
continue to pump. The ETH ones are leading the
way. Bowden did counts.
Did it catch a bounce as well? And then it's rooms.
So over on Bitcoin, the dog token soared to like a $560
million market cap, briefly hit the number 8 meme coin in size.
We saw several rooms follow in its wake, jumping about 20 to
40%. Even the ordinal leaders are
finally catching the bid. You kind of went there.
They're all up 10%. The big force of puppets, node
monkeys, O&B all up 10% on the day we saw people we talked
about this peoples everyday featured mini meme coins,
including epic the duck at the top of the board and then Sam
empty stats. He just tweeted out this morning
for you blast bulls out there. He's going to raise that blast
gold estimate. So no more decreases.
He is raising the the blast gold.
He's like the Jerome Powell of Blast.
So there's a lot of there's actually a lot of action
yesterday. So I understand why Mando had a
had a tough time keeping up with all that while he was at the
conference. But I mean, I think that the top
story is the Iggy thing. Do we?
Do we want to get in? Let's get into it.
Let's let's let this is what's going on right now on the
timeline. Let let's get on to it.
What happened yesterday Tyler, is there was rumors of another
Sahil coin going live with her. What was interesting though is
all bring out Jing Tao. You guys obviously know Jing Tao
Muzzy Muzzy Vermilion and what happened is that he actually
everybody was running towards one Iggy coin and then he
actually called out a different one, but like 3 hours early and
then three hours later, turns out that was the right one, the
mother one right. And it's funny because when Jing
Tao posted, I bought it like fuck this like dude, Jing Tao
was posting something this guy is like known to be an on chain
warrior. So I was like, screw it.
And and I and I and I and I and I got into that.
And so anyways, what what what happened Tyler, is that we got
like a three hour Twitter spaces with the with Iggy Azalea, which
I I, I I woke up a little confused.
Frank. I woke up Frank just joined us
here on the video. I I woke up a little confused
because she knew a lot about what was going on.
Do we think? Yeah, it was kind of wild.
Is this an act and with someone that was briefed and taught or
is this legitimately someone who knows a lot?
Well, how do you define knowing a lot?
Well, knowing a lot this. Is the crux of the philosophical
debate that's happening right now What?
What's the like? What's the line?
How many days do you got to be a reply guy until you can drop a
meme coin? This, This is the question of
the day. I, I, I I I don't know.
I I, I don't know, I don't know, I, I, I'm still like, I woke up
this morning and I'm still like confused.
You know, there's the bubble maps post about like people
making a lot of money, like, you know, people had the corner
early, blah, blah, blah. Then you have like you have both
sides, right? You have some of.
Soulja Boy is currently on a doing a space called Meme Coins.
Oh God. Well, Soulja Boy is like the
worst of like, signals. But at least the newcomers at
least like Iggy and Caitlyn Jenner and stuff.
Those are people we haven't seen around.
Those are the people who haven't seen it around.
But I mean, I mean, that's what's going down in the world
of celebrity meme coins, man. I mean, and Frank, you're in the
trenches with them. I feel like you out of all of
us, you're really the most the most in the trenches.
You were on stage last night with Iggy Azalea.
So why don't we take why don't you take the people that were
asleep right now that are listening to the show this
morning through what happened? Like what?
What do you make of all this? Yeah.
So I'll give the, I'll give the basic summary from my
perspective. So there's this guy named Saw
Hill and apparently saw Hill is the one that launched the
Caitlyn Jenner coin. And then he created a telegram,
which I joined expeditiously where he said that he was going
to be dropping a lot more celebrities over the next few
days. And then he proceeded to just
like drop the most random fucking like he I think he did a
pre sale that he just like exit scam the money.
He did a bunch of random celebrity things that weren't
actually the celebrities or whatever, one random Instagram
model. But basically his old telegram
was just like, dude, fuck this guy.
And then progressively over time, more and more stuff he
posted, the less people were buying.
And the rumor was and he started posting, he's gonna do Iggy
Azalea's coin as well. And so I was just like, alright,
fuck this Iggy coin like this just gonna be another like saw
Hill rug, whatever. And then and then I guess Iggy
came out and said that she never talked.
Her little brother talked to saw Hill and that was like, this
guy's a scammer. And but then saw Hill launched a
coin saying that it was the actual Gazelia coin.
And then she was like, oh, what the fuck?
She had some other coin. And apparently that was mother
and it was floating around in the market for a while.
And this is her story. I'm going to say her words.
And this I know it's not like a popular thing on crypto Twitter
to take people at face value. You know, it's like innocent
until proven guilty, whatever. But her story was that they
launched this coin mother. That was the idea.
And they were not able to buy enough of the supply that they
wanted to. And it was just floating on the
market and they were deciding what they what they should do,
trying to buy more or whatever. And then they decided, fuck it,
like we're just going to go live with this coin.
And so that's like what happened.
Once you tweeted, it kind of started to rock it.
And I think at this point I was like, ah, I don't know, probably
still just kind of a grift, whatever, or maybe it still is.
But then I went in on the Twitter spaces and I was like,
bro, she's kind of valid. You know, she she basically was
just using a lot of the trench coated terms that are pretty
popular and, and, and seem to have a relatively good grasp on
like meme coin culture, whatever it is.
And her little brother might be a big part in that.
To your point, nothing crept but here's like deep lore that I
tweeted about but like it was a reply to a DJ news post but not
a lot of people are talking about.
I remember 2021 big throwback 2021.
There's like deleted tweets where I'm like replying to it.
Iggy Azalea was posting should I buy solana NFTSI remember this
shit vividly because I was bare reply going to it back in the
day. And then she just basically
said, I don't really get NFTSI think they're like the what do
you call Beanie Babies? And then basically just never
ended up buying Solana N FTS. So now she comes back and she's
saying that she's basically been in crypto for three to five
years and just been like paying people in crypto.
She just like seems to understand a lot of the
terminology. Yeah.
Like my crusade on the timeline today has less to do with Iggy
Azalea, but more to just do with, hey, everybody is saying
instantly anytime a celebrity touches like crypto that it's
automatically a scam. And I don't know if it's just
exercising like my own critical thinking, but I think there's
like a difference between just in the same way there's a
difference between people and crypto, the difference between
celebrities. And like, if we want to elevate
the discussion, you're saying, yeah, so if we want to elevate
the discussion, it's like, all right, if you think there's
something bad about Iggy and Iggy's coin, that's totally
fair. I haven't said anything like pro
or against Iggy's coin. But to say that just because
every celebrity that's ever scammed.
Every celebrity in the past is scammed, then all celebrities in
the future are going to scam. It's just a little bit like in
my head, it's just lazy thinking.
So that's kind of what the summary of the situation from
what I've seen so far. And that's like my take at the
end. Yeah, there's, there's like it's
an interesting debate on the timeline you have on one side.
Some people are really just like straight up like, no, this is a
scam. All of it.
It's really bad. I mean, I I saw, I mean I saw
OSF going off off. I woke up to us nearly calling a
top. I was like holy shit, dude.
OS FS last tweet is damn crypto a bit weak this morning.
I wonder if there was any local top signs.
That's not my my buy doesn't talk like that.
Usually he's he's a full blown bull.
OK. Iggy Azalea is the the
generational super cycle top. Exactly.
Yeah, another good point you you had and then on the other side
and and I actually I tend to I tend towards like what Mando's
talking about Mando was more like don't ask like if this is a
top signal, ask which part of the cycle you're at, because
it's subjective to say is this good or bad for the space?
You'll have arguments on both sides, right.
I think also just flat going saying, oh, this is great for
the space is also like redacted, but also saying, oh, this is
really bad. We're going to zero.
It's it's the same thing whether you're left or right here.
But Amanda, what do you think of all that?
You woke up this morning to all this shit because you're in
Europe. You weren't awake during all
that that that noise. Yeah, maybe I'm cynical.
I just, I, I just find the concepts of morality and crypto
just like very, very difficult because I think, do we want our
own people scamming us? Like we did that whole presale
matter a few weeks ago, right? Or two months ago, like, and
then these guys are all still around and getting tweets and
all this stuff. Like, I don't know, like I, I,
I, I don't actually have that higher moral compass when it
comes to crypto. I do in other parts of my life,
but when it comes to crypto, I feel like everyone's here just a
DJN or a lot of people. So when we get into these sort
of like moral questions, even like the way the answer has kind
of been cancelled for a few things he's done recently, like,
I just don't know. Like I just don't feel this is
the space where like people come here with like really high moral
agendas because the stuff that I have seen has just been so
wildly crazy over this over these last few years.
And there seems to be like no real retribution either.
So like, I don't know, like I'll do my own like as long as I have
my own moral compass about the stuff that I do.
But I'm not going to sit here and like say that everyone just
should should think a certain way about certain things.
I think these meme coins will probably not last from the
crypto celebrities. I'd be very surprised in a
month's time any of these coins last.
And I know that from having done a coin myself, it's incredibly,
incredibly tough, tough to like stay relevant and to be on the
top of that pump dot fun chart or even close, like it's not
easy. So I would be, I would be very
unsurprised. And then we might look back on
this and go like, well, that was a flash in the pan.
That being said, like I feel as though this is they just
launched streaming around like they, they want to go down this
route where anyone go on there, create content and launch a
coin. Like we're going to see tons of
this stuff. And all this says to me is just
like cryptos permeating through into our space and people will
buy certain things and they won't.
But I, I, I, that was my main take away from it.
I think the fact that you're seeing probably people who are
in financial difficulties or are maybe less well known now doing
this, that doesn't feel to me like the top of the cycle.
That feels to me like they've just found a new way to make
money and they're going to use it like Nifty Gateway.
They remember the early Nifty Gateway drops and everyone was
like, that was cycle top. It was like a real 4X on.
ETH, that's like Clubhouse, that's like May 21 on clubhouse.
Like when Frank said something about I feel like 2021, I was
like, dude, I was there. Like right.
And everyone was not the top. Like we, we kept going.
For a long it was the B to D It was the B to D celebrity's early
cycle, actually. Yeah, exactly the same one.
So that's what helped me. And it wasn't Justin Bieber
buying his ape, right? Yeah, if we.
If we. See.
Oh, much later I. Was at the end, yeah.
Yeah, you see exactly right. So what I'm saying here is I
don't think all this says to me is that this is this is now
they've got a winner here. Like this is this is good tech
which people are now working out, you know, you can do
nefarious stuff with. But it's all it's all it's
saying is that it's starting to pick up in culture.
And I think that we're we're nowhere near the the top of
this. Like this doesn't feel like a
top signal to me with the people that have come in and done it.
If, you know, it's like a huge celebrity started coming in and
each one was releasing a coin, you know, if we started to see
like Swift coin or Kanye coin or like Trump coin, like, yeah, I
would start thinking, OK, this is not lost.
I. Need that CA early for real.
I mean, Frank, you're the one who got Trump.
You know, you and Malcolm shout to MACD gods, you know you, you
started the bull run. You know, you started, you guys
started the bull run. I saw a decrypt article
yesterday, actually. But you guys again.
Yeah, yeah, decrypting, writing the best articles, by the way,
decrypt articles. But I, I, I actually loved
Mando's earlier points on morality because I think I see
this all the time in crypto where people make moral
arguments. But I think it's really hard to
define like, what is moral and what's not.
And a lot of it rests on this axiom of, hey, you know, are
they in it for the right reasons?
And so I think my main response to whales through earlier today
was, well, you know, like go and run a poll and ask like your
audience, did they get into web three, you know, for either like
the tech or the money. And The thing is that we all
know everyone here on this stage and in general is you get in
usually because you're interested in the money, like
the financial aspect of it. You fall in love with the
community, the people, the technology, the the vision of
where this thing is going to go. And I think that's perfectly
fine. I have no judge.
I I pass no judgement on people that come in for whatever
intention. I think it's based on action.
And so far, I think it's like, OK, again, here's the way where
you take to the maximum degree, should people have the freedom
to buy whatever they want? Yeah. 100%.
I think this is this is a core belief of mine.
If this is the case and you see, and you'd pass moral judgement
or you believe something is bad, then your best course of action
is to simply like, not buy it and share your reasoning for not
wanting to buy it. But to say, like, should Iggy
Azalea drop a coin or should she do it in this way or that way or
whatever. It's like, well, what are we
talking about? You know, like it's a silly
conversation. Yeah, I think we're all like a
lot of adults here. So like, I don't think anyone
even screamed to go buy this thing, which is different.
In last cycle, it was like, oh, this this coming out, we should
buy it. This cycle is like, no, we
shouldn't, but fuck it if they want to enter that.
For example, this came out this morning, Frank.
And man who sent it to me Tyler, the bubble maps right and so the
bubble maps will show that like 20% of supply was bought by
insiders and that $2.3 million was already made realized like
actually realized as APNL from insiders of the coin.
Now insiders could be people that sniped can be people that
were on early it can be anything on pumped up phone right There
are snipers that come in that will just like destroy your coin
over time. Typical pumped up phone actually
is happened to Mendo. You were sniped like crazy right
and so and then they were selling for fucking 30 days
straight. But the truth is that that is
also the other side of it right. So I think like for me like this
cycle. So we need to drop the bubble
maps on Mando right now. Actually now it's just like one
of those things where if you're not in the like, I use pumped
off one, I'm a user. And when you're on it, it's
like, first of all, you know, anyone can buy this coin.
And so when I see like Insider again, I understand it's a
clickbait thing. I can get cancelled over saying
this, whatever. But like, I just don't have all
the facts. Like, I'm looking at this and
it's like, I heard Iggy talk about it yesterday and it it
lines up with what she said. She was like, oh, she couldn't
get enough of the supply. It went up too fast.
She was annoyed by it. And so again, like, that's never
going to beat the click. That's what she said.
Yeah, she says she got she has 3%.
And again, like that's her word. This is bubble maps and bubble
maps has a story. Now for my take.
I've heard both sides and like they both, both the stories
actually line up in this scenario.
But obviously I'm never going to, you know, me Frank is never
going to be a bubble maps expose article.
Like it's like the Zack HBT thing, like you're not going to
like change your mind. My my take being very degenerate
here is like, well, fucking 20% of supply with sniper.
I like with by sniper. I'm not going to buy that shit.
Like, Oh my God, you know, it's like they're going to dump on my
head. But does again, does this mean I
pass moral judgement on people? That are the moral thing is,
yeah, the whole moral standard thing is is is that's.
It's a tub. It's a it's a slopest of slopes,
right? That's the whole moral standard
thing. I mean, we technically thinking
we all are operating on the Gray area in this industry.
You know, even as a founder of a media company that has a
tokenized media brand in the United States of America, we are
all operating on on a on a on a Gray line.
And also that's also thanks to our because of, you know, the
regulation that doesn't want it to prosper or to actually have.
Sometimes people like amoral. Like.
If if fucking matchy was going to coin tomorrow, I didn't
drink. Alcohol.
And money, right? Like sometimes people like the
immoral people in this space. They they want.
See. Brother I only buy shit coins
and animals. Like again, I'm not really that
like if she was to launch another coin today, I reckon
people. Would buy it at some point.
Amanda at some point was asking overnight a few weeks ago when
it was like down only on Epic. It's like, why is this not like
what he's like, I've done this, isn't that right?
I'm actually cooking it. Why is this not pop popping?
And I told mind. I said you're not a scammer.
That's why it's not blowing up. People like to buy things from
scammer sketchy devs. They like that they like it that
that's just I didn't know. I mean, Tyler, what do you, what
do you make of all this? Oh, so so let's dive into that a
little bit. Well, for one, I think this is
just a part of the market. You have to deal with it.
You don't have to trade in this, but it is here and it's here to
stay. So you just need to to deal with
that and just make your own investment decisions coming off
of it. It's like, what does Iggy have
to do to to prove that she's not a scammer here?
Like if if she tweets and does spaces for a month, is that long
enough if she tweets? About it, I think it's one month
and three days exactly. That's what the Kol Cabal,
that's what the Kol board said. The KOL board like. 99.99% of
all these things have gone to 0 for tokens and NFTS like we.
We know that is the most likely outcome here.
It doesn't necessarily mean that she is a scammer.
So I listened to her on the modern market this morning.
I missed last night's spaces. This is what?
The E Shack's show this morning. Yeah, we.
We actually do epic on. I've never been on the site so
I've never seen what it is like. What do you what?
What am I looking for? This is great.
Bubble Maps is great. I don't know.
Didn't you put your contract address in there and I guess
you'd get your? We bring it.
Up like I actually want to see. Yeah, I'm actually super, I'm
actually super curious. I was going to write an expose
on. Man, you know what?
You. Yeah, Spyler, take your keep
going and I'm gonna go to Boba maps the same thing.
Where, where, where Where is your moral?
Well, on your point, Tyler, I wanted to say as someone has
bought, as someone that's bought a bunch of meme coins, I've
definitely lost more money to CT natives than celebrities.
I can tell you that for a fucking fact.
Some of these guys are cooking me, bro.
And it's And so, yeah, there's that's an interesting point too.
Like CT natives are better scammers than celebrities, of
course. This looks like the.
Oh, fifteen 80s are the ones
held. Oh, dude, that's a scammer.
I I know that pattern. I actually know that pattern.
Yeah, that's a big time scan. Pattern.
Yeah. You see this bubble here?
There's a concentration of Mando's wallets here, and then
I'm kidding. You know like that looks like
the 16th token holder has like 3%.
Well, what it's worth, it actually looks pretty good.
I think it. Looks so bad, right?
Oh. Yeah, it actually looks fire.
Actually my my quanch is called this.
Looking fucking good man, honestly.
And if I zoom out like you would see a lot, right?
Yeah, I guess we have to pay there's.
Like he's out. Slip is out up only.
No, if I so I saw this whole thing like last cycle.
Also another question I have for you guys is, is it OK if they
come and drop NFTS versus a shake point?
So last cycle was NFTS and Nifty Gateway.
You touched on that Mendel, right?
And actually for that first word, I actually hosted a ton of
them. The whole like Paris Hilton
thing. Got on the phone with her also a
few times on the side convinced me she was serious about this
shit. You know, probably was here
because it was a bull market or a bear market.
None of these people were around.
But also a lot of the CT natives that I saw on the timeline that
were not around the bear market. So like they a lot of a lot of
faces that were not out here that were hating on the way down
came back all of a sudden three years later.
So you're not much better than celebrity, right?
And then and then so there was all the Mike Tyson.
No, no, no NFTS and they have meme coins.
I want to ask you 3A question. Are celebrities dropping meme
coins that difference for a celebrity doing an NFT gateway
open edition because it has. I think people assume that more
effort goes into an NFT launch and perhaps that's more OK
because they perhaps put more time into it.
But I, I don't think that's a good answer, right, Because you
can still have bad intentions just with something you put more
time and effort into. And we, and we still certainly
saw, you know, more primary sale raises at, at much higher breaks
than what she's going to take from, from this meme token.
So. Yeah, I was going to say, it's
like celebrities make less money from the meme coins than they do
from NF. TS for sure.
Yeah, some sort of, I mean, you talk about the Beaver thing,
right? It's like I think you made what,
1520 mil or something like that. And so with this case, man, if
she's being straight up about this 3% thing, bro, like she's
definitely not making it. She's definitely not making
that. But I mean, she did stay on the
space and she really doesn't care.
She's like got some telecom business or something.
She's a I'm not going to lie, I'm kind of in love, but hearty
fumble. Hearty fumble she's.
Hearty fumble. That was the tweet of the night.
Man, it's. Hearty fumble.
Is like she's incredibly eloquent.
I mean, she was on the the modern market space this morning
with 00 sleep and I mean she was I got not every point was
incredible, but she I think my broader takeaways, she's just
very well spoken and she's a thoughtful person.
Did she know the buzzwords or was she like eloquent of the way
she explained the stuff? In the part of the conversation
I caught, they're more talking like the creator coming like why
she would want to do this. And the middleman, she was
explaining that the music industry and all the cuts that
they get taken out along the way and, and there's less in, you
know, in, in crypto. And that was an aspect of it
that she liked. But I just think she just, she
was making good points. She was explaining her thought
process and she was speaking for like 5 to to 8 minutes straight.
Like it was not just short, choppy or like fed answers.
Like she clearly has these thoughts on on her own.
I don't think anyone is spoon feeding her talking points.
So I, I came across a little bit more open to this.
I haven't bought but I was thinking about it.
The same here I I actually put in like a fucking limit order on
photon when it was at like 20, but my limit order.
Was. 1616. Guys are all holders.
You guys are clearly all holders like you.
Guys, no, I really, I really not.
I wish I did. Do I wish my fucking order hit?
Dude, I'd be hyped. I'd be even more bullish all the
time. Why?
This is me with help fucking holding this again.
It's so funny. But no, yeah, go for it.
I was like, one thing I haven't heard anyone say like, is Solana
the big winner here? So so far all the.
Same. I mean I talked about this
yesterday. I said study, study that you
know all these people picking Solana and that's some L2 to
drop their shake coin. I don't see them dropping I.
Think the story for the for the on chain warriors, like for the
on chain boys here, I think the story is like Solana's just
winning the cycle kind of all all hands on deck.
Like, I mean, we're excited for Blast, we're excited for like,
yeah, we're excited for base to do whatever, but man, like it's,
it's just a world of a difference.
I, I, I actually like base 16Z1 of my favorite accounts
recently. You know, I, I think I replied
to one of his posts yesterday where he was talking about like
how it feels like 21. I was also saying it feels like
21, and I remember 21 and 22 distinctly feeling like what
Etherium had over Solana because I was in Solana in 21 and 22.
What Etherium had over Solana was this ability to spin up
these narratives and people just tweet these kind of stories or
narratives, and then the capital will get deployed.
All of a sudden it's the new meta.
And now it's this thing that people are making millions of
dollars on. And this same behavior has
almost entirely shifted, you know, over to Solana because
almost every week there's like a new meta and it and yes, meme
coins are definitely like leading the way when it comes to
this. But even right now, PayPal just
launched their fucking stable coin on Solana.
This is like a few hours ago. And there's also like a meme
coin. That's one thing that's named
the exact same thing. Pretty funny.
Yeah, I might be in that one. I might be in that one.
I actually. Missed that news from this
morning? PayPal Yeah officially goes live
on Solana, enabling swift and secure stable coin transactions
for over 30 million merchants. Wow.
Crazy and so I think the default is quickly becoming solana and
you know, we always use all the different chains.
That's why I I fuck with all you guys.
Like you guys are actually just using this stuff and when you do
it, it's hard to say anything other than like.
It is a world of a difference today.
Now phantom getting on base and blast and all the L twos.
This could actually be a big difference.
But for now it's like that phantom no low, no to low gas
with obviously the community. It's it's really hard to
compete. Yeah.
So I think Solana is the winner. Pumped Off Fun is the winner in
this scenario. Once again.
It's crazy, man. They're just laughing, laughing,
everyone. It's crap.
I mean, it's a great it's my Solana bags.
My, my, my Solana bags are, are are definitely packed.
I'm looking at the timeline right now and now I'm seeing the
onsom calling out Soulja Boy. So he doesn't just go out late
and like support all the I know he's got criticized a lot that
last couple days. So soldiers life, which is why
there's not many people on our on our audio spaces.
He says not going to hold you, bro.
You have a pretty bad track record with launching crypto
projects that immediately die out.
You're going to have to spend a lot of time building back report
here before anyone trusts another one of your launches.
Would recommend using some protocol first.
So you see, you know, he he, you know, he's not always like, you
know, you know, on the on the side of all celebrities are are
are bringing positive or and or negative attention to the space.
So guys, it looks like it's going to be it looks like it's
going to be a whole fucking lot of these like back-to-back to
back-to-back to back. It looks like this is the big I
saw ironic. I saw that money bag.
Frank, Am I becoming a boomer? No, yeah, money bag.
There's actually another one too, but there's.
The panda guy rugged right away. What's his name?
Yes designer, he rugged as well. Right away, stand a coin
straight to 0. There's another one yesterday
too. There's actually two dog face
which is the guy on tik. T.O.K Guy.
Yeah, the vibe guy saw that and another one called Tabercio
that's like this fucking Brazilian guy that has super
viral Tik toks of like this dancing like elf thing and A and
a like a oh, a monkey puppet that just got like a bunch of
million. He's got like a million
followers on TikTok. Whatever.
But yeah, he just the way he launched it was just he just
posted a pumped off fun link dude on his Twitter never posted
about crypto before. Yeah, designer is crazy.
Yo y'all know the vibes? It's the one that only panda
man. He's doing the panda coin on
Solona. Make sure y'all tap in the panda
corner. Solona.
You got the best team, the best callers in the state.
Make sure y'all tap in panda coin on Solona.
Salona designer. So is.
This they're all on, pumped off on.
Yeah, but that one was straight to zero.
And it's so funny because then you have money bag saying like,
yo, like I have the best devs. Like they're all like you have
the best. The thing is what most people
don't understand is like you have some of them that straight
up go this is going to the moon. I have the best devs, I have the
best team. Like this is where it's like
it's they're fucked. At least it looks like there was
a little more thought put out towards like the the the Ike
Azalea one. But the other ones is like
straight up, like we're going to the moon, like, you know, like
this doesn't work, actually doesn't work.
Actually, people are more sophisticated.
Even the kids that went last cycle and got wrecked and came
back. Now for this book is summer,
right, Solana? Summer people off school,
they're even smarter than they were last time around 'cause
they know the lingo, they know the same.
I I think that's the whole narrative of on chain like this
cycle is people are smarter. It's not that many new people.
It's heavy. Clearly there's heavy
gatekeeping. So I think, yeah, people are
fucking a lot smarter, you know, these days.
And so people pick up on this lingo really quick.
Photon, if you think about it like photon pumped off fun
phantom, these things are way easier to use than Metamask to
Uniswap, to fucking DEX tools like across the board.
And so it's not rocket science that like at a scale, this stuff
is a lot easier for people to pick up.
There's a friend that's one of the guys on our team.
You guys know Pasta. He has a friend in Australia.
It's crazy. Also pastas from the same area
as Iggy in in Australia. It's like this deep part of
Australia, but he has a friend that he told about.
He just sent him like a photon ref link and like yeah, a few I
think a few months ago and the guys like calling him a few a
week ago, just talking about all kinds of different kickers.
He's like all the way in. And so the trenches.
My my meme. I tell TG when we hang out all
the time. You know, everyone's talking
about social fly. I I really think this cycle so
far, the real social fly is, is pumped off fun and telegram
group chats. And it sounds crazy, but you
know, just go on any of these big callers like kook, whoever
it is. What you can do is you can click
similar channels and you can see like there's like dozens, if not
hundreds of these call channels on on on Telegram and each of
them have their own dedicated chat.
And this is all like Solana meme coins.
And so why is pumped off fun the number one revenue, you know,
product of the year, kind of like slept on still in the
mainstream eat like, you know, Bitcoin, whatever, like crypto
space. People don't want to like accept
that this might be the reality. But here's the best analogy,
right. When Kabuso Kabosu died by the
dog, some people made replies on Twitter and some people were
talking about on Twitter. Some people went straight to
pumped off fun and that coin went to six million off of a you
know, 5K starting market cap though, if you if you got in the
right one. And so to a degree, like it's
highly profitable if you're just on crypto Twitter all day.
Just just know how pumped off fun works, bro, just like get on
photon. Just know how the tools work at
the minimum, if you might be at the right place, the right time
in some some in this game, like being in the right place, the
right time is fucking nuts. So yeah, I think that is like
the real social fly because things happen in the social
sphere. So I agree that's happened in
the social sphere. Yeah.
That's why I. Think we pumped up on it's it's
because I when you talked about this on the show before, when
base carbon like Mert was like why is there no social fine?
Solana would make more sense and base carbon was like pumped up
on a social fly and now they literally just added video
streaming. They literally yes.
It's about to get weird, man It's I.
I got so hype when they added that, not gonna lie and I went
to go check it, but all the videos are way too glitchy.
It's just like kind of bad right now, but the fuck fucking crazy
idea. I I have a hot take on that too.
I think we'll see with live streaming and there's actually a
small team that's doing this on base right now.
So I feel bad 'cause there might get, you know, destroyed by like
the bigger competition, but the idea is like a timed meme coins.
And so it's like the meme coin gets started when the stream
goes live and then it actually ends and everyone gets cashed
out at the end of the stream. And so it's like, instead of
having these forever coins, you know, people go and make a new
coin almost like every single time that they live stream.
And it's an interesting concept, but I do think the, the, the,
the biggest unsolved mystery today, even for all of us
founders here, is like, what does end state look like?
You know, for a lot of these things because they just sit and
live on the blockchain forever. And they're probably all going
to be 0. And some ghost liquidity bots
are just like turning those things to not go to like literal
0. But the idea of having timed
coins is, I think, kind of interesting.
We haven't seen it work at a big scale yet, but I wonder if
that's the direction that they're going in.
I'm really interested. I do think the speculation and
the the fucking adrenaline that you get from just trading meme
coins is unmatched in honestly in in the rest of crypto and
that's a very addictive thing. So I could see that getting
bigger. Hopefully it gets more.
It's kind of the crash game, but it's kind of the crash game.
Yes, yes, it's very, it's like yes, yes, exactly.
I think it would be like very similar to that on the.
Streaming stuff also on Orbitrum, that's Sanko Sanko TV
that that's been actually doing pretty well.
It went fully live like the other day again, right?
But oh, what's that? Oh, this is alpha tell.
Me. You will like you, would you?
I think you would like Sanko. It's it's been.
Gone for a while like. It's a streaming platform.
It's just sent it to. It's a very interesting one
actually. I've been kind of from afar,
like looking at what what's up and I think they fully went live
like not long ago. But that's an interesting one as
well. I just like the UI and
everything. It's going to be like, look, all
roads like this is Sunko. It's like super cool.
Toys. Got it, Got it.
Yeah, exactly. But you know what's interesting,
all roads once again just lead back to media and distribution,
like people just creating content and then attention and
then they're trading that attention based on coins.
Like I, I, you know, I know Luca put that out and and Anseb
talked about it too. Like social tokens are this
cycle saying we have been saying this for a while now though.
So I don't know if like social tokens is the narrative it's.
Kind of like that's like the VC coded term.
I think social tokens, I think they're all attention to this is
actually the bigger story of the whole cycle, right?
It's like will Pepe just flip Polygon and it's like.
Every single NFT. Yeah, yeah, Oh my, that's a long
time ago, bro. Like that's a yeah, yeah, very
long time ago. But yeah, it's like, you know,
Pepe flips Polygon and it kind of and and with obviously
arbitrary. That was the first really big
story around this. What kind of begs the question
of well, you know, who's like when you know, the joke when
people snipe, obviously not a joke, but like when people snipe
the fucking, you know, coin right when it comes out, people
are making the comparison of that to, you know, VCs that just
like slow float, you know, dump on every single on every single
unlock, which arguably is like not the egalitarian quote UN
quote way to do it. This is like a very extreme
take, but maybe that's the direction things are going where
things are actually very much more on chain and we distill out
all the complexity and they are all just attention tokens.
And the best sign of an L1 or L2 is how much attention do they
garner? How many popular coins or you
know, NFTS or whatever on chain games do they have on their
platform? Which I think is actually like a
logical take. You know, if you're just using
this thing all day, but it I think it's hard to get funding
and resources with just the pure like my, you know, my counter to
the extreme take is like, it's hard to get funding and
resources to build cool things over the long term if you're
being traded like a fucking meme coin from day one.
Fair. But this is where I think things
will get more sophisticated, just like they did with NFTS,
where people will do more. This is actually a really hot
take. People are shitting on the
presale meta. They don't want to accept that
this might actually be the case more, you know, going into the
future where people get spend more time building their
community before launching the coin with the idea of launching
the coin in in itself and actually do whitelists.
And you know, like, remember grinding for whitelist.
Imagine grinding for whitelist, but now instead of an NFT, it
might be for a coin and raising that initial capital.
But the people that you've whitelisted in theory are less
likely to be pure jeets like the, you know, sending to the
wallet immediately, you know, and then, hey, when the fuck
does this thing drop type of type of vibe, which is exactly
what happened to NFTS. And so I, I think the, the take
of meme coins being like this cycles NFTS, but potentially
with larger market size, cause the number of people that can
buy an NFT is in the few expensive one is a few million
people in the world. Number of people that can buy a
meme coin is 8 billion people. And so again, I think the game
is evolving and shifting in a pretty dramatic way.
And yeah, like, I'm glad, I'm glad.
It feels like all the cool guys are at the very least like
paying attention to it. I'm really proud of you, man.
Honestly, dropping this coin like I I hold, I hold some, I
wanna let's. Go Doctor Busch.
It's been sick to follow the journey and I don't think you
get enough credit for just like it takes some balls and so I
just like respect that honestly, 'cause it's like it's people are
intense. Did.
That. I agree with all.
That. Yeah, man, like it's tough.
That's why I think like even now the top, top top pumped up fun
coins like they're not really that high, right?
Like and to get to get and stay above like 20 it takes a lot
like these things when they pension.
A20 is a big barrier. Big barrier.
Because it's like, you can just do another coin, right?
Like there's always another coin.
These, these, these meme coin callers, in those chats, they're
not talking about old coins, they're talking about new ones.
So in that environment where you can churn that quickly, yeah,
people don't really stick around often for that long.
So that's why I think it's tough to imagine that these coins
stick around because it requires an insane amount of like,
dedication and like new things, innovative stuff, and also just
like, I know, feel organic at the same time, which I think a
lot of these people won't feel. So I think it's going to be
difficult. Very hard and I I think what do
you think about people launching multiple coins?
This is where it gets very like, it's very fucking wild, but
like, I do think I'm. Like well.
You know, if you've spoken about this before, like the idea of
having coins with a finite life, because the one of the worst
things and, and NFTS, right, like one of the worst things
about crypto is that you can sometimes get caught,
particularly around utility stuff, like with an unlimited
liability on something, which you know, it, it shouldn't, you
know, once it drifts away from you or like you, you start a
start up with a coin and then it just kind of moves away.
Like there should be some sort of like, right, we're going to
end and then we're going to do something else.
And part of even our journey, right?
Like we've, we've kind of caught other things.
We've managed to kind of keep them going by like giving them
free mints to a new thing or something like that.
But I do think it would be, it would be smart to have that,
that sort of a concept. So I do like, I like what what
you said about that because I think that would be not a bad,
bad idea. Coins upon coins upon coins.
Like I can imagine stream is doing it, but I obviously I
think you lose credibility because it just doesn't make
sense if you're if you're trying to do multiple, multiple things.
It's, it's a really touchy subject.
It's a, it's a touchy subject because obviously like you can
just imagine like the chart getting nude, all the guys
focusing on the next coin, etcetera.
But I, I do think whenever there's something that feels
really touchy, there's usually like signal there because I
think that the people like want infinite upside.
This is like the meme, right? People want infinite upside.
And so even getting whitelist or discounted rates or whatever,
the kind of things you see in the VC world in the private
sales, I think we'll get replicated in public versions
and like on chain over time. And so one of the most
interesting stories in meme coins this year, I think that's
kind of slept on is pack moon. I know everyone here is big fans
myself as well. And Lambo, I think is whether
it's intentional or not, is kind of innovating on this whole FDV
floats concept because there's actually still a lot of the
supply that they hold. But they do it in a very smart
way with these seasons, where ideally each season and every
time they do this AirDrop, it actually increases the demand,
you know, for the coin in the creative ways in which they
distribute out percentage of the token.
So instead of doing like a linear vest unlock, they're
actually constantly expanding, you know, the reach of the coin
itself, which I I think, you know, there might be innovating
in a very like impactful and significant way if it if it
plays out now that's like the big test study because it's very
different from pumped up fun. It's very different from the
stuff that's hot right now. But that is where, you know,
Mando, I think it could get, you know, very interesting around
not not necessarily launching multiple coins, but creating a
much longer lifespan. Yeah, many more shots on goal.
Yeah. We're so back.
I mean, if you look at the right side of the stream, here are the
comments like everyone's trying to show us different takers.
Everyone's trying to. There was a time where there was
no comments a year and a half. There was no comments even for
us like hosting daily big audiences all it was all we menu
and I rock radio big. There was no audience.
There was no comments. You know what I mean?
And now it's like takers like I'm looking at the fucking
thing. Oh my Lord, we are so.
Looking back. But you know what?
That. Was in the bear market.
Yeah, exactly. Look, I know we're on time.
I I do think that there's a longer conversation to be had.
Obviously, of course Frank stirred the pot around VCs and
and meme coins. I'd like to separate them
because you do need sometimes like it's a longer term thing.
I do agree like when like on someone's went back and forth
with Rhino and Evan. I think Rhino and Evan made
better points in the sense that like these top 10 coins, yes,
sure they'll go down 80 percent, 70% because of bear market, but
they'll come back. A lot of these meme coins will
go down 90%, then another 90%, then another 90%, another, and
then you're done. And then the person is.
Gone. Sometimes it's 5 minutes.
It's 5 minutes. Every time.
I bought a pump on token yesterday, the thing made it
out, pumped up on 5 minutes later, gone.
Yeah. It was fun though.
I loved getting rugged getting oh, I bought the wrong Iggy
token for a moment on pump as well and I got rugged too.
So like it was, but it was great.
It felt good, yeah. I don't know, I think I bought
like seven of the wrong Iggy tokens, not going to lie.
But you know, I think there's a conversation to be had there as
well at some point where it's like this, it's not this or
that, it's this and that. Like there's the for degenerates
to go and gamble or like there's a Montreal, I'm in Montreal,
there's a casino. The sure, it's packed, people
playing blackjack, Goulet craps, all the slots.
That's the fucking Iggazalea Caitlyn Jenner acquines.
But then there's also people across the street working at a
bank and or Angel investing in companies that have a longer 10
year horizon on things they want to invest in.
So it's just that in on Twitter, we're all in one basket.
We're in the same spot talking about the same thing.
It's a pocket. It's not like a Reddit where
everybody's like secluded, you know, that's all.
I everyone's in the same. It's Frank it.
Was great speaking to you. I've got to.
I've got to run. I don't.
Have to go ahead, I know, go ahead.
That was the one absolute. Pleasure.
Man legend. But I just think that was that,
you know, I know, I know the take Frank May may may piss off
a lot of people, but I think that it's just like it's both.
It's not fuck the VCs and it's not just like, oh, fuck these
people. It's just like the industry's
growing like, you know, you have Trump fucking talking about
Krypton TV. Obviously, it's going to be both
sides. It's gonna be actually, it's
gonna attract also better and smart investors as well, Like
we're gonna get better VCs, better angels, better.
I think it's the curve, man. I think it's like I started to
visualize everything as the left and right curve and the bell
curve. And I do think to your point,
like perhaps maybe now every infrastructure project doesn't
need to fucking have a crazy token, you know, where they may
not need to. And and on chain, it can get
even more wide and there could be a lot, a lot more different
types of coins. And I think whether people like
it or not, if you want new people in, you know, you want
people that have influence and people that have influence will
create things, not just participate.
And so it's a very tough pill for people to swallow.
But the criticism of people like launching things, you know, to
enter the space. It's kind of like ask this might
be a fun, I might tweet this afterwards.
It's kind of like asking, you know, fucking Playboy Cardi to
start commenting on YouTube fucking music videos before
dropping his like owner. It's like, it's like, bro, you
know, what do you expect? These people are like fucking
kings of their own life. They're probably not going to,
you know, participate in the same way.
And arguably like they're not going to bring in a new audience
if that's all that they do. They're just going to circle
jerk us. So I think that the road towards
the mythical mass adoption will look extremely messy.
And the best tool kit that anyone can have is just being
calm and observing it and not, you know, being overly reactive
over it. Like, do I care if people bought
the fucking Iggy coin or Jenner or whatever?
Like, no, dude, have fun. Like you're, you're free to do
whatever you want to. I mean, I hope, I wish my limit
hit. I wish my limit order hit
though, but yeah. It's people will buy anything.
I mean, Tyler, you're always commenting on like these coins
going up a ton or down a ton. Like, people buy stuff all the
time. I think Frank makes a good
point. Just just be calm, watch things
happen, and choose like where you want to participate.
There's levels you don't have to play pumped up fun coins.
You could just go buy an L2 and just stack your bags of an L2
and chill like you can also do that.
I mean, Peter Jennings, founder of several companies, he's, he's
buying Trump on 8th because he wants exposure to the political
mean points. Like they're a clear leader,
right? Like there's, there's, there are
serious people who are making plays on these tokens and you
can wait and catch the ones who have made it past a certain
point so that you don't have the like this is going to go to 0
in, in the next 5 minutes, which is like the pumped up fun crash
game, right? So there there's levels to this.
On the Trump thing, I I can say this at the event, OK, I'm not
going to say obviously who, but there's someone in that kind of
circle that definitely owns like Boden.
We were talking about it and it's not, it's not anyone like
in the White House, whatever, but it's someone like those
family friends that we were talking for like 20 minutes and
we were talking about Trent and fucking voting.
And he was just like, yeah, I got in on voting.
I think this whole meme coin thing is gonna be big, etc.
I was like, damn, this is kind of crazy because the guy, he's
like owner of the sports team. He was like part owner of some
fucking pretty big basketball team, invested in the new Elon
company or whatever, and we had like a 15 minute conversation
about IS. It like older like was it?
I don't. Want you to talk actually like,
no, actually like mid, like probably late 20s, early 30s,
like not that old, but just like, you know, fucking.
He reminded me of like the character from Succession, like,
you know, like the show or it's just like clearly bro, bro,
yeah, yeah, yeah. Rosen those trenches type shit,
like family fucking oligarch type shit.
And he was talking about fucking Trent Boden Solana meme coins.
Boom. I think he was, that was the
one. He was like, yeah, I missed
something. Boom.
I'm like, dog, what is this conversation?
There's a lot, I think a lot more people actually follow
what's happening on X than people think or no.
Like that's why like you get high views, low likes.
It's not like I think a lot of people actually like pay very
close attention to these. That's, I mean, that's one of
the crypt side. Like some of our writers just
focused on the culture stuff. You have the writers that will
write about PYUSD and Solana or like about.
Dude, how has that been by the way of the talk man, how has
this fucking decripping I I actually think that the the turn
around is visible. I'm not just glazing like it's
it's it's sick. I'm starting to see the vision
but how is that process bin of like fucking doing this news
media thing right? It's been, it's been, it's been
crazy because I'm an I like, we like, you know, like founding
rock radio like came out of like Twitter spaces for fun.
Didn't expect two years later. It was under two years, 23
months later to merge with like one of the actually the second
largest media centralized media company in the industry in terms
of traffic that we now run and and operate as well.
So it's it's been it's been quite a movie, honestly, I've
had to learn a lot and I've had to also like change a lot of the
ways, right, like operate differently.
For example, last night, you know, I'm not on stage.
I'm anonymously listening, you know, like it's yes, I listen to
the whole thing by the way, top down.
But it's been honestly very interesting to see also what
proper and real ethical journalism is like, because like
we're in the creator business, right?
You and me, Tyler Mando, Rugrid at its core, TG Mika, like all
the Rugrid like 80 plus. Like we're creators, so we
create content every day, but we're not journalists, right?
But then when you look at how a journalist like how our EIC
Guillermo operates with like professional writers, the thick
line that's drawn behind between the commercial team and the
journalist or even me and the journalist, I don't tell, I
can't tell the journalist what to write about.
They wrote about you. It's nothing to do with me,
right? The rubbish.
Because like you guys went viral over this story and Erica Lee is
more in the trenches, right? So she'll write about that and
then, you know, an editor like Andrew Hayward will edit it.
So it's, it's very interesting. But now, you know, what we have
coming up is going to is going to, it's going to be interesting
because now we have a whole social 5 component to it coming
live soon over the summer. And it ties up both rug radio
and its craters and the Krypton's traffic.
So, you know, way near like 100 million, you know, views.
I'm looking forward to retweeting my tweet, man.
I, I made the public call. I'm like, dude, I think people
are sleeping. There's a lot of stories.
It's too busy the timeline, but there's a lot of stories when
you slept on. But I think the way you guys are
moving, I'm not just glazing. Seriously, like it's sick.
I like Erica's stories, like I like the headlines.
I go on. I actually underrated for people
in the audience. The thing I like a lot to keep
up to date is I sub to the Telegram channel, 'cause I'm
always in Telegram now. And so I sub to the Telegram
channel where it just posts like your news stories all the time.
And so it's actually really nice, like oh, 'cause usually
it's stuff that I'm not going to see on my timeline.
It's like, oh, this fundraising thing or this fucking Defy hack
or whatever. Yeah.
And so it's been actually pretty fucking helpful, man.
I like that. We, we all, everyone on my team
kind of has that sub on. Yeah, yeah, it's fun.
And you know, the cool thing is we have like scene, we have D
Gen. Alley, we have, you know, GG.
So you have all these different pockets of the crypt, but it's
been it's been a lot because first you have to restructure
and structure. So we're what, five months in
now, almost six months in June since the merger.
And I feel like it's only been a month since it's like we've
really like found the the groove.
It took like four or five months to properly like get get this
thing up and going and just like, and just grow.
So I can focus on different things such as, you know,
getting Tyler to host with us, but stuff like that.
But you'll, you'll see. I mean, I'll reach out, you
know, we'll, we'll, we'll involve the D gods and and
what's coming up next? We can involve every community.
So it's it's very just. The D gods.
Just the D gods. Just D gods, not the youths.
You know what, though, I have to say like I the the more you've
been, the more the more you've been calling for them to go
lower, the more I'm down to just rip AD God on Solano.
I would do it on solo, not on ETH, I feel.
But but I'm just waiting. You said let it go lower, so I'm
I'm waiting for them to go lower.
You know, it's the whole thing too.
That's crazy bro. Saved America type shit.
It was crazy, yeah. That was fun.
Anyways, this is great all right, It's a.
Pleasure man, thanks for having. Me thanks for coming on.
I don't think you slept last night so.
No, I'm still awake. He's.
Still, it's 8:00 AM for. You.
He's in the in the Twitter reply trenches, man.
Defending fucking. I love it.
Defending the future of meme coins right now, but I love it.
Yeah, do you do? I listen, I, I like it.
I'm, you know, my, the boys know I'm, I'm a frontline, you know,
soldier when it comes to being in the trenches on top of
building what we're building. Yes, you are.
Love it. And so is Tyler, and so is
everybody else. So anyways, thank you, Frank.
Shout to Mendel who had to go. Shout to Tyler.
And with that, with that, with that, we'll see y'all tomorrow
morning, 10:00 AM Eastern Standard Time for another
episode of FOMO Hour on Rug Radio.
Let's go.