Yo-yo yo, what up? What up?
Good morning, Good morning GMT two day April 9th, 2024.
Four four. Look at that.
Another beautiful day to have a beautiful day.
I got my Co host in the house OV how you doing today?
I'm good man. How are you?
I'm vibing. I'm vibing.
I'm in my natural habitat you know so I'm chilling you know
when I'm when I'm in France you know I'm I'm along with my
people. So or at least in my people but
you know my my, you know whatever what whatever where I
was born. So.
So I like it here. You know, it was supposed it was
supposed to be to be to rain this week in Paris.
And so far it's been sunny, man. I mean you can tell I don't even
have the lights on and and it's been hella sunny.
You love that I bring the sunshine to London.
I bring the sunshine to Paris. I bring the sunshine ever.
I go knock on wood, try and not jinx that.
But I think I think we'll also have the sunshine in Dubai next
week. So it'll be fun getting ready to
speak today, 6:20. So another month, another stage
I guess. Should be a lot of fun.
Ever agree things about this one?
But anyways, we don't have Mando today.
We don't have Mando today. I don't think we're going to
have Mando for most of the week. The man is moving.
Full time, full time Duck now, right?
Yeah, well, I was going to say like, he's moving, but he's
doing meetings. So I think, I think he's just
gone full. Like, I think he's gone full
time. I mean, we were talking about
this in the studio. He put a tweet out before the
show started. So I guess we can talk about it.
It looks like the IT looks like he's really fully taking this
on. He someone angered him, like
someone awoke this beast in him. I think when people try to
cancel him for something he didn't have bad intentions for,
I think something just went inside and he said, you know
what he's like, you know what, Fuck it.
I'm just going to like show these people how it's done.
So he is, yeah, he's pretty all out, all out and all in in this.
Yeah, I'm. I've seen this guy at his best
operating in his prime and I would say that's where he is
right now there so. So meme corn mando.
I didn't even think of that one meme corn mando that is
operating in his prime right now.
I mean, you absolutely love to see that.
You know, Mando's forehead said can't cancel Jesus.
I mean, it's Duck Jesus. Can't cancel duck Jesus.
You know, it's you know what? It may be true.
You're right. Something must have pissed him
off because for the little time I've known Mando.
But I feel like I spend enough time with you guys, and I know
you guys more than like just three years.
I feel like we've known it for like 10 years.
It feels like something really got to the man, you know?
Like, you know who Mando reminds me of?
It's funny you said that you guys used to call him Rain Man,
because I call him Rain Man. So he's definitely like the Rain
Man, but also like John Wick mode right now, like she's
trying to remember. Yeah, Rayman had a baby with
John Wick and that's. Literally what he is.
It's like when John Wick's dog gets assassinated in like every
single episode of John Wick or series saga, whatever you'll
call them in other movies. You know, every time he goes on
this, like revenge pump where he kills everyone.
It kind of feels like that right now, like someone pissed him off
on day one. He didn't appreciate some of the
comments. Obviously we get it.
It's also part of the game. You know, we both also had
comments about us for the last three years.
It's normal whatever put on game.
But he really woke, woke up, was like OK, fuck this.
So I'm, I'm happy. I mean, I got, I got Mendel
working my bags. Like, do you like, does it get
better than that? No, it doesn't.
It really doesn't. You know I like I'm like I think
people like have rec guy are comfortable and you're working
the bag. I like to say that people have
rock radio comfy that I'm working the bag with the team.
Of course none of us are like one man teams.
We all have a lot of people supporting us but you know what
I mean And I'm comfortable knowing that Doug Jesus is
working my bag. You know I it's just it's just
no Sam's fuck you. These opinions are not just our
own. They're everybody's.
He's got he's got the the problem.
Anyways, today on the show, Oh my God, this is probably the
studio. It's tabs his first day in the
studio 2 today because he's he's he's replacing Sims on Friday
and Monday and he's probably like what goes down on the show.
What have I signed up for for on this on formal hour Anyways,
Today on the show today today daily market report.
As usual crypto macro and all that good stuff as the market is
literally racing to zero since the stream started.
Solana is still congested. Someone please get our girl some
Robitussin or any sort of medication here.
I thought. I actually thought Bolo and
Itis's tweet was that sketch was really funny.
But this, you know says I'm still congested and sick.
Anyways, you get the you get the memo, you get the message.
I messaged Mert, but he doesn't follow any of us.
Or ask Mert. You know what?
Maybe I should just have gone directly to like, Austin.
I'm totally, I don't know, maybe they're too busy, though.
I feel bad, like messaging the salon people saying like, yo,
come on the show, talk about it. But if there's any Solana
expert, like deep, deep expert, like more technical than us that
wants to come and talk about what's going on, Solana
definitely down for that. If not whatever.
I'm comfy in spot like the meme and and I guess we'll have to
wait and see wait for it to get decongested.
So that's that's obviously pretty much like the most of the
conversation right now on the timeline I just saw the
obviously the more than announcement I came out like the
unfortunate like 30 minutes before the show twos the tongue
coin hitting top ten. Cardano's not on top 10 for the
first time in a long time. I was in the round multiple
cycles ago, but I'm assuming it's been top 10 for a long
time. Odds, memes and dreams.
Hot NFTS again, man. Like, we're going to talk about
ordinals. Ruins.
I mean, that shit is going crazy.
You got Boden, dude. My God, there's so many.
So much. Stuff happens.
Pack moon again, man. Another 50% leg up OV shit.
The rich get richer man. It's crazy.
Y'all just keep on winning. I mean, this one's my fault.
I didn't claim my air drops, so I'm kind of stupid for that.
So I'm going to be farming pack one hard.
I don't care. I'm done.
I'm not missing the next air drop tensor.
It was yesterday. We can talk about that DJ and
Ron Block. I mean, there's so much stuff
going on. We'll talk about all this good
stuff and and of course at some point we're also covering FTS.
And last but not least last but not least we'll be joined by
money. Money, good friend of ours at
creator hood for the big AirDrop launch today.
They announced it yesterday. We are involved in that as well
of course and so they'll be they'll be joining us today to
actually talk about to us about what's going down today on the
creator hood side. Super excited to hear from money
himself and as usual well not as usual as this month.
This show is presented by Fair Side Network on X Wallet
Coverage for drains, scabs and more.
But also film dot IO, the world's most powerful
decentralized film making ecosystem.
So with that, with that, with that, why don't we get this
party started? Let me tell y'all, you better
start retweeting the room at the top because their loot boxes
today are looking juicy because your boy can't add NFTS into
that. So I've been adding cash prizes.
So get retweeting and let's get this party started.
Daily Market report brought to you by Rug Radio.
What's the word? So traditional markets are
pretty quiet. There's not really a ton going
on there. I think we're down on stocks
without loan interest rates tomorrow.
We have inflation. So that's going to be the big
thing this week to look out for. But until then, it's going to be
pretty quiet. I think the expectation is that
we are going to come at 3.4%. I wonder if that's changed.
I'm just having a look right now.
Yeah, 3.4% expectation, expected inflation and that's versus 3.2%
last month. So quiet on that front until
tomorrow. Crypto definitely a bit weaker
again today. Like we had that big rally
yesterday and now we're down to like 69.69 K right now.
Bitcoin ether down to 3500. We actually had pretty weak ETF
numbers yesterday. There was a net outflow of north
of 200 million. GBTC had a massive outflow.
It was north of 300 million and it looks like there wasn't much
in the way of inflows from Black Rock.
So it was a weak ETF day. I was kind of surprised at how
well and how strong Crypt are held in Despite that number.
But the fact that we're selling off again right now tells him
that maybe we're going to it. Would you for like another weak
ETF day? I'm not really sure.
So yeah, it's just kind of a bit like frustrating on crypto
because we just don't seem to be able to hold these pumps and
we're now less than two weeks away from from the halving and
it makes you wonder if that becomes like a sell the news
type event. But yeah, we'll see.
Dude, I can't stop laughing. There's a mirror behind me and I
think everybody caught me in my boxers.
I'm fucking sad. I just got like 10 messages
saying bro, we just. That's too funny.
I'm sorry, man. I so I wanted, I needed my
little water bottles and I guess like the cleaning lady came and
put them on the other side of the bed.
So like and I really need to drink.
And I got up and there's the mirror there, but the bed is,
you see the bed. So I went on the other side.
I went over the bed to reach and I guess I just got a message
from Harold saying Papa for more hour in boxers, That's it.
And then I got the whole, I got the whole Bruce Wayne, bro,
realizing he had a mirror. I can see Farrok in the mirror.
Farrok. We see the reflection, dude, I'm
fucking dying, bro. So I guess y'all saw my ass.
But in boxer. So it's OK.
And yeah, I am hosting in underwear.
I mean, it's warm. I mean surprise.
I host the morning show in underwear.
I think every day. Yeah, fuck.
I don't know how you hosting the sweater.
It must be cold in your room, but.
I It's cold. Yeah, it's cold right now in
England and my room is pretty cold.
So I get warm when I host because the headset and the hair
heats me up here. Yeah, and then?
I don't wear a headset anyway. I just play.
That's part right here. And I noticed you're like fuck
it, I'm done. Anyways, I thankfully I hadn't
shared the broadcast link, which I will right now, but so I guess
there was only 300 people on stream rather than like 5000 but
it is recorded. Well maybe someone makes a coin
for broke with boxers or something like that and then
wait, it won't be me now you can put the disclaimer.
But anyways, Oh my God, it's so funny.
And that was like out of like 700 shows we've done I think
together 657 hundred. I was always like so scared that
like you know, like I take a lot of meetings in my underwear.
I don't know what you do over. I'm always scared to get caught
as a first slip up and I've done like at least 700 plus shows in
at least 1000 meetings in three years.
Nice. Wow.
Have you ever been caught in your boxers, in the, in the
stream, or on video? No.
Damn, damn bad. Anyways, back to the market,
Obi. Is this retracement happening
right now? You think due to CPI tomorrow?
Or do these numbers don't not matter in a moment?
I don't think it's due to CPI. CPI is not out yet.
I just think we probably have another week ETF day.
That's the only thing I can think of because funding is not
high. We had a big rally over the
weekend and now we're selling off again.
So it must just be like another week ETF day I think.
OK. What was the?
There was an there was more of an outflow than an inflow
yesterday, is that correct? Two, yeah.
N were 200 million outflow. OK, I see.
I see. All right, well, Bitcoin looks
like it's was back to 69 flat on the Bitcoin side.
I just realized the Stream Yard logo is a duck by the way.
I forget and use it every day. We don't notice.
If you look at your stream Yard top left, it's a sign and then
you have so bitcoins A69K, you have Theorem is 35, Solana 170.
So I guess we could go into that, you know, Theorem of
course outperforming, outperforming Solana by a lot.
Yes, I think the ratio was like 20 to one.
Again, when it comes to East Soul, what do you make of this
congestion? I mean of course like all three
of us, Mando, you and I, we've invested pretty deeply on the
Soul side, whether it's like memes or like Salon itself.
What do you make of this congestion?
It it needs to be fixed like yes, yeah.
From your mouth and God's ears. Yeah, it's good.
It's really good that people want to use the chain.
The, you know, people want to use Lana, but it does need to be
fixed. Like if it's not able to be,
I'm, I'm sure that they're going to fix it.
But the the big question of all this stuff is scalability,
right? And like for Ethereum, one of
the reasons why you have all these L twos is because it's so
expensive to use because as it gets more popular it becomes
more expensive to use. So it needs, it needs to be
addressed. And then I think it's really
bullish because then it's like OK, wow, like you did have a
massive uptick in the in the number of people that wanted to
use Solana and be active on the platform and they were able to
solve the scalability. So that would be like incredibly
bullish for Solana. So I do think you know if there
is a short term fix that does help and alleviate the issues
we're seeing. I do think you could see Solana
have like a big jump to north of 200 and higher I think, but it's
just a question of how long that takes and how effective it is.
Yeah, sorry, I'm getting photos now of me on on on the stream.
Harold sent me a message and said itan sha itan.
He said pack moon baby and photo me in my underwear.
That's so funny. This is so embarrassing.
It's hilarious. I thought.
I think like pour milk on my head was more embarrassing than
this. So it's OK, but actually way
more. No, you don't have to stop
interrupting, Harold. I think it's hilarious.
Sorry. I'm like, this is too funny.
That is so, so, so funny. Oh, my God.
Anyway, so you're right about that.
So there was a tweet from. Of course, like seems like OX.
It seems like Mert. It's kind of become the the,
the, the, the, the, the mouthpiece for Solana right now,
at least during these times. And I saw like, him.
And what's this called? Evans kind of go at it back and
forth quite a lot. It's like right now it's like
the fight of like Seoul and ETH. Maxie's right all over the
timeline. It's like the biggest war
happening and Mert tweeted out there will be a fair chunk of
patches coming to Solana 11.18. In Salon 1.18 everyone is asking
for an ETA. This is scheduled for April
15th. So another six days of this this
is scheduled for. There might be fixes that land
before that, but the 15th is a bit safer to aim for.
My question I guess on that front OV how do you feel about
the Solana trade here? We were talking about it
together a little bit before the show this morning, but and I saw
Danny, I don't know if he was joking about it because he's
more on the East side, was like just adding to my lungs for the
inevitable like Solana pop after the congestion.
Like what do you what do you think like?
I think it, I think it's good trade.
I think it's it's one of the best trades, like best risk risk
reward trades right now, but I just don't.
I'm not tech savvy enough to know.
Either. When?
How? What the solution?
What the problem is Actually? I don't know what the problem
is. I don't.
Understand the. Solution is, I don't know how
long it will take to reach a solution.
If it's something that can be done in the next few days, we or
even next couple of weeks. I think it's a really good trade
because like I said, this is sort of like a nice problem to
have in terms of you're seeing a huge influx of users onto your
onto your blockchain. And if you can prove that it's
scalable and address these issues, then in my opinion
Solana should be like at new year to date highs.
So that would make this a really good trade because that's like a
you know, a good like 2025% move higher from where we are now.
But I just don't have like a good understanding of the tech
side of things to judge. I know I tried to get someone on
the show. Yeah, me and you both.
Cousin. I I don't have and I don't even
think Mandel force could have come and fixed that for us or
answer that for us. But it's I I would love to I I
messaged mert. I mean everybody tag OX mert.
How's that under this? There was a good explanation
though. You know You know there's a
really good explanation. That bread guy.
OX bread. Remember the big, big friend
Tech? Yeah, yeah, yeah, yeah, yeah.
Friend tech guy. Yeah.
And so he actually made a really good graphic.
So this pretty much explains it for people in a more simple way.
When it comes to what's happening with Solana, basically
OV yes there's a lot of usage from actual users like you and
I, but the main problem for the congestion actually bots it's
not humans. So it's not like oh Solana can't
handle mass retail, they can right.
You've seen I mean we've seen coins I mean look at what
happened with bone like with $2 billion in a day and a lot of
people patent Solana or like all the pre sale mania that didn't
break anything right. So essentially bots that are
causing congestion. So there's you, this is you and
I, right. You have the mean core enjoyer,
slot enjoyer in the middle little slot, SMB shots, SMBs.
And you have boss that's just like constantly like bashing the
chain with Texans and transactions.
And obviously the block leader can only read a few transactions
at the same time and it and it keeps going on to the next
block, next block and next block.
But that's why we keep on dropping and keep on failing.
So like when you're trying to put a transaction through Solana
right now, you'll notice that your phantom will stay fail.
Personally I just keep hitting retry until it goes usually 2-3
tries. Works wonders though.
I wish I wasn't having this conversation on this show right
now 'cause it's kind of like not great, but you know it is what
it is. It is what it is.
So. So that's why I guess we'll have
to wait and see what happens by the by the 16th LV, fifteenths,
fifteenths. Fingers crossed that's that's a
week away, so and maybe something happens sooner.
So I think as soon as it does alleviate, you're just going to
see soul rip. Like, I just think it's going to
happen, but. I mean, that's the thing, right?
Like I was thinking about this today, right?
And I was like, well, look, I am obviously mostly invested in the
salon and salon ecosystem. That's no secret.
So obviously I have to think about my personal investment
because my I care about my money obviously.
And I'm like, well, retail, they're not going to be like,
oh, this thing was congested for a week, I'm not going back.
But they don't give a fuck. Like I understand, like the tech
savvy. I smoked a few ETH heads here,
not too happy. They're like, oh look, I don't
like Solana. They don't really like Solana.
Like you're never going to convince an ETH Maxim Swana for
it's worth. But like retail's going to see
like, I don't know, some token come out and pump and see that
they can buy their favorite tokens again that are all down
50%. For the ones that didn't die, at
least I wouldn't be surprised if we see a big spike again.
So it. Is where.
It is, it is where it is $170.00.
So I mean the more this ratio keeps going over the more I want
to I'm. I mean I'm at this stage way
allocated to Solana, but I I may even go hard on Solana because I
I expect Soli to flip again before like the to the same
place where it was congestion before.
So anyways, we'll see what happens on that.
Besides that, what do we got here?
I mean ton coin is is have you ever had some have you were you
in a ton trade never talked about.
Yeah, this is this is the the Telegram coin.
Telegram One. We talked about it plenty, but.
Fuck yeah man. Does mentioned it a lot before.
Yeah, the Open. Network.
Crazy There's an so they're getting in the phone business
too. Be careful, Solana Sagaphone Tom
will release its own smartphone for the blockchain.
The developers of Oyster Labs presented a Web 3 smartphone
universal phone for Tonkin TIO and ecosystem providing access
to more than 600 apps. So dude, there's a lot of stuff
happening on that front. Kind of been sidelined from it.
Not going to lie. It's not going to act like I
know what's going on. But again like to mention things
on the show and sometimes one person's curious enough to look
into it and cook. So if anyone heard the show,
we've been we've talked about Tonkin a lot.
I don't even think it was top one.
I think I had just broken top 100 because of the Telegram
coin, and I remember Mando early on, the bull hadn't really hit
yet and he was like, yo, there's something to pay attention to
because of Telegram, right? And micro payments on there
could be interesting. Oh, so there's that.
All it's memes and dreams. I mean, man, you must be cooking
on that PAC Moon, aren't you? Yeah, I mean, I haven't actually
bought any PAC Moon. No.
You. Didn't need to, right?
I got air drop for bridging to BLAST and then I sent out a few
tweets so I got some that that's become like a six figure AirDrop
for me. Now I just haven't done
anything. It's like pretty pretty wild.
But I think you know people are saying one of the easiest ways
right now to farm blast is if you buy PAC Moon.
I guess one of the issues of of BLAST is like if you don't have
ETH or USUSB Blast USD then depending on what like apps you
use, you may not be like earning points.
So one thing I think people are doing is like oh, if you just
like buy PAC Moon and you put it onto Wasabi and borrow against
it or what whatever it is like the yield is, is is pretty tiny
but you're able to farm gold and potentially points by doing that
as well. So that's and PAC Moon is like
the coin, obviously you have to like weather some like price
volatility there but because PAC Moon is going up that seems to
be the trade that is making the most sense right now.
So I think that's one of the reasons why it's doing well.
But they've also kind of like nailed the social aspect of it
as well. Like you, you literally get air
drops for points for tweeting about it, and then you get air
drops of coins. So.
I mean, it helps that the coins going up like crazy because it
makes people more comfortable tweeting about a token that has
a $79 million market cap, right? Yeah, it's kind.
Of as the coin goes up in value, more people more.
It's a weird, it's a cool one because as the coin goes goes up
in value, more people will will want to tweet about it because
the value of the potential AirDrop is a lot higher so.
Yeah, I'm going to get involved. I miss my airdrops because I'm a
total idiot and I have a bunch of points, bro.
So I'm just going to get involved with that.
I think, by the way, this people piece actually really cool,
That's cool. So people, people climb to let
lead number three of the leaderboard after that just off
of the this one thing, because obviously like he gets his, not
that he did it for that, but because he doesn't even get
involved in coins, but he does. By the way, it sounds like there
was a big, there's a big GBTC outflow today $441 million,
which I think is maybe the largest outflow number or one of
the largest outflow numbers has had so.
Where are you seeing that, Eric? I just see it on Twitter, just
there's a few different people that are tweeting it here.
I'll send this. To So that's the biggest
outflow. So what's the?
I mean, it's funny you say this because Bitcoin bounced $300.00
so they must have known before. Like it must have been on that
day, remember? Yeah, like someone had that
information, they they dumped it, dropped and now it's
bouncing again. I don't know.
How We're really just pawns. We're really just pawns.
We really are pawns. Like, you know what I mean?
Like there are like bigger players playing bigger games.
I'm not seeing the outflow stat. Maybe J Safe or something.
How much Bitcoin do these people still have?
They still have. That tweet I sent you says that
they still have 325,000 Bitcoin and they originally had 625,000.
Jesus Christ, that is wild. Yeah, that it is.
Today's Bitcoin sent out by GBC Grace Spell comes out to be OK,
so another $440 million worth. I mean, how much do they need to
sell, right? Because it was just to make
people whole, if I'm not mistaken.
Yeah, I don't know. I mean remember their fees are
higher as well. So but you know the, the people
who are selling because of high fees are also just like maybe
rotating to other ETS. But also remember people had
like this GBTC versus spot Bitcoin trade on as well, which
they've made a tell of money on. So it's the unwinding of that
too. So I don't know, I think it's
good that like more than half of it has now been sold and Bitcoin
is up and there's been a net inflow of you know about $12
billion in that time frame. So the hope is that as we get
more and more, as we get their balance lower and lower then you
know then we see see things change so.
Yeah, that's that. And then I mean, and lastly
still on the more on the, on the still on the, you know, the
alts, memes and everything. I mean one more time it's really
just been, you know, there's been obviously a drop on the
whole Solana Eco, whether it's meme, coins, NFTS, especially
Tensorians after the tensor air drop dropped by 50%.
But again like we've seen this play out so many times, 2021,
it's the same thing, just different chain.
And then the other thing was I can't do Bitcoin, bro.
So pops, fucking pops, dude. So you know how you can buy a
little loan, right? I mean not right now, but
usually you can. It's up 50% again, bro.
It's up another 50 plus. And so yeah, pups and puppet
holders, that's me. Pups sort nearly 50% to 3750,
which equates to $375 million FTV.
The rune pups came along for the ride.
So you know what's crazy OV you know how like I was saying on
the show yesterday how like the nose monkeys?
Like we we nearly flipped them, but we got slapped because of
the pups thing. It's it may happen again.
So I'm going to keep talking my shit until we flip him.
And I'm only doing it. And by the way, I love the nude
monkeys. I'm just doing it because I
think it's funny because they're I think like some of the nude
monkey holders are really getting chased by it and it's
getting I'm not going to lie, it's really funny.
But anyway, so it's really been Bitcoin again over with with the
rise across the board, especially for the ruins as the
narrative is coming. I was actually funny enough, I
ran into a friend of mine downstairs, my hotel is here for
parish blockchain, that work for bike or mining company.
And they were saying that they actually look into all the
Bitcoin they mine now to see if they're rare SATS because not
every Bitcoin is really created equal when you think about it.
And so we quickly had a conversation about this.
So it's a it's a big narrative man.
So runestone point O 8 Rune Pops bro are nearly .1 Bitcoin.
You know what that means? That means that my AirDrop was
about above a Bitcoin bro just for having puppets only.
Yeah, that's crazy. I'm not the only one.
Like for example, Hannah on our team, she got a puppet when she
saw me by something that she loved.
She's since gone because she's not the type.
She's too busy to even look into that.
She got one RSIC AirDrop and one Rune Pop.
Man, it's that's .2 big. That's .2 bitcoins of AirDrop
where? The puppet itself, you know?
Is that what I mean? It's in front of me.
Sorry, .4. So something to keep in mind.
OM BS Big pump shout out to DS. Whoa, he timed that bottom
pretty well. I know he bought one.
Posted on the timeline, Quantum cats had a huge rise at .35
Bitcoin. I mean Rsic as well node monkeys
are also man like half of Bitcoin everything.
I mean ninjas are back up, I know they were kind of down
quite a bit. They're up 140% this week.
So it's really all Bitcoin. And if it's not Bitcoin, it's X
copy because Raoul Pal, Hydra, X copies, he's buying all of them.
Are you talking to Raoul about that?
Are you helping him with this stuff or what?
Are you the one advising? Are you?
Are you Raoul? Pal.
If anything, he'd be my advisor. Yeah, I think someone is
whispering to Raoul, pal. And he's like, buying everything
he must have cooked on Solana and whip.
He's yeah, he's like. Cornering the X Copy market,
he's bought some pretty good stuff.
Yeah, he's I mean, there's good timing for it as well because
NFTS haven't done. Apart from ordinals, NFTS
haven't been the strongest yet this cycle.
Do you know that Poms are selling for 40 ETH?
Yeah, I saw that. That's crazy, right?
That's pretty well. I mean, ETH went up, but still
like ETH native, like it's down a lot.
And then all there's two, man, it was 215 and it's 150, so it's
down. I bet that person wishes they
sold that alien punk town, huh? That bid was probably a good
bid. Damn, don't remind them.
I mean, unless they stabled, but I don't think that usually
people do because I guess they would have gone the same amount
of the US dollars because sola is ETH is up to 30.
I mean, it was 3700. Anyways, that's that.
And that's a good roundup on all things NFT.
So with that, why don't we let our men the man of the hour?
I mean, he made the Tyler Did It newsletter this morning.
Pretty sure he also made Mando minutes, the fastest growing
newsletter in crypto. You gotta like this plug.
Manny Farm, Creator Hood. Manny, how you doing?
Good morning. Hey, Hey guys.
How are you? We're good.
I think is there a way to move your camera down a bit the
angle, yeah. Hold up.
Hold. Up.
Let's see, there you go. I mean, look, you haven't you
have a good looking hair, a nice forehead, but that would see all
your. Yeah, hold up I I just got to
remove it. You're good now, I think.
I think you're fine up. Sorry.
You're fine. Don't worry, Money.
I just need to be able. Good, good.
Yeah. Thanks for having me on.
Yeah. Timely, I guess.
Right. Because tomorrow, tomorrow's TG
and AirDrop Day. Dude you you have a you have a
very very busy 48 hours coming. I know you've been busy for for
a long time now you know was connected to you let me get
actually create a hood on stage here was connected to you
actually via ove mando and and glad that we're all end up like
we're doing some cool stuff together excited for what you
got coming up you know hopefully you can save ETH NFTSI mean
that's the that's that's the claim that wizard made.
I saw Wizards comment he's like he's going to save me then Oh my
God you got to love Wiz. I love that.
I love reading that on the timeline.
But mighty, why don't you give us a little, a little
introduction about yourself? Because I know you actually have
a similar background than than OV and and Mando and then a
little bit more about, you know, what Creator Hood is.
Because again, you made quite a few newsletters this morning.
So I think it's good for people to really understand what it is.
Sure. Yeah.
So my background, yeah, came from the kind of dry, dry cut
world of Tradfi. So like you know I had to wear
suits and all this stuff in the office and but yeah so I I ran I
ran a hedge fund worked in Tradfi actually similar space to
Ovi Mando where I kind of traded you know credit defaults bonds,
all this stuff which actually isn't as dissimilar to NFTS as
you you would think because there's like all this gap risk
and you know can be quite a liquid at times.
But and then I just got in, you know, got into crypto, got into
trading, sort of fell down the rabbit hole with NFTS and found
a gap in the market really where we're, we were trying to get
more, more folks, like more content creators into the space,
especially people who didn't understand crypto as much and
weren't as interested in just, you know, a lot of the friction
that came with it that we all have gone through.
So really creatorhood, like when you look at it, you know, it's
part, part trading marketplace like a blur, part creator
Launchpad like you have on a Magic Eden or or a Open C the
social file elements because we built our own EI PS where you
can actually like speculate on creators like you know there's a
Spotify musician coming up and you want to get a piece of the
action, you can actually get a piece of like the Rep share of
that, right. So like and then because of the
Fiat rails that we've built that actually allows us to onboard
you know 100 million plus creators because it's not just
about paying with a credit card, it's how do you actually pay
them in their bank account, how do you do it So they can just
interact the same way they do on any web two platform and make it
intuitive for their fans. That's pretty cool.
I mean, I'm on the, I'm on the, I'm on the platform right now
and so it's so it's really like a platform where you can, I mean
you're training a lot of attention on there, right?
And Social Fi obviously has a lot of the narrative when it
comes to that. So what's what's your long term
vision for this platform when it comes to creator Hood?
Yeah, long term Vision is onboarding a lot more content
creators. I mean there's there's something
like 30,000 creators who made made NFTS, right.
So how do you get the 100 million plus creators on
boarded? So the idea is doing that
through our rails, so bringing on mainstream creators, creating
lots of content and from that content allowing their fans to
speculate, right. So it could be getting access to
a live stream, getting IP rights to their work, getting calls
with them like they do on Cameo and allowing you to trade that,
right. So trading culture, but in a way
that's very intuitive for a mainstream audience where you're
not talking about the tech as much.
Yeah, that's really cool. I mean, obviously with the Fiat
Rails, it makes things a little simpler and easier for for you
guys to do. So you're talking about
creators, obviously. You know, it's kind of our turf
and what we love create what we love working with.
And I mean when you mean creators, I I mean per your
website, you know, it's not just creators like like a show
creator like influence or whatever you're talking about,
you know, musicians and artists and whatnot, right, In the sense
like creator like a creator of NF TS or creator of you know, an
artist etcetera, etcetera, etcetera.
So what are, you know obviously what are some of the incentives,
right, that you guys are offering at creator hood that
you think are not being offered by the marketplaces?
Because obviously we cover a lot of the marketplace war on this
show since because it's really always at the forefront whether
it was with open tea or Burr or you know, there was looks and
you know all the other ones that popped up some came some left.
So what's what's the incentive to use creator hood?
Like why creator hood? Yeah.
So I think there's going to be a lot of incentives.
So the clearest one is there's going to be a Rev share.
So anything we make 100% goes to token holders and like literally
100%, you get it in heat, you get it the next day, right?
So that's one. The second one is you trade, you
get tokens. So we're giving out almost
2,000,000 tokens every day split between the traders on the
platform, right, between buyers and sellers.
So if you trade on the platform, you're not farming for months
and months hoping that you're going to get points and you know
the platform will determine what you get.
You're actually getting like a fixed amount of tokens every day
and they're unlocked, OK. So that's pretty, pretty big
incentives around those. And then and then we're going to
loop that in going forward with a lot of the Launchpad creators
and it and sort of incentivizing engagement with like creators
you know farming for for that, right.
Yeah, of course, of course. The social fine narrative When
does this start? When does farming start?
I'm I'm sure a lot of people want to know if I can ask.
So farming. So we've been in our beta
tomorrow, tomorrow basically the farming, the first season ends.
There's an air drop tomorrow, almost 70% looking to go into
the community. So you know we're not keeping
the whole pie, right? It's not all coming tomorrow.
So we've been inspired by a few different folks on on the
Tokenomics. But yeah, so pretty much from
the AirDrop day you get, you know, you're getting tokens
every single day from tomorrow, the fee switch goes on.
So you get all the fees. And then, you know, natural
questions like, well, why would I pay fees on your site when I
could just, you know, pay 0 right on on a lot of sites.
But the idea is that the fees you pay are far less than the
tokens you're getting, as long as the token is at like a
baseline level. OK, OK, I see.
So there's a whole like, there's.
I mean, is there a place where people are going to be able to
consult all that money like white paper and all this
information? Is it all on the?
Websites are on the site. Tokenomics are on the site, and
we're going to post that today. So yeah, Tokenomics are on
there, AirDrop will be tomorrow. So you basically just go on and
and you can, you know, see how many tokens you got and yeah.
It's pretty cool. I mean for for people or curious
to know more like it's all in creator hood.com and it's it's
with creator with the K so KR creator hod.com.
So you have everything on there but if you click on resources is
where like you really get like you know all the information
that that you're looking for. It's pretty it's I mean it's
pretty well, I'm not gonna lie it's pretty well organized.
It's pretty clean honestly I like that the whole website and
everything. So money, I mean, how you
feeling? How you feeling ahead of your
big day tomorrow? Yeah, I think we feel pretty
good. Obviously like with air drops,
you know it's it's a big kind of monetization event for a lot of
folks. But the way that you know you'll
see it in the drivers there, I think you know there there's a
few incentives to hang on to those tokens.
So yeah, we feel pretty good and we're just excited to put put
the platform out and and then obviously integrate a lot of the
the web two stuff into it as well.
Yeah, that is. That is going to be exciting to
see. I'm actually super curious to
see what comes after that, like the whole AirDrop season and all
that stuff is fun. But I'm actually curious to see
how you're going to do this just because of the nature of our
business at Rock Radio to create with the creators.
So I'm really excited to see like how you implement what
you're planning on implementing. And again, like I'm going on on
screen. So for those of you who are
watching video, this is a website.
Be careful. There's going to be a lot of
fakes, right? There's going to be a lot of
scams out there tomorrow. I mean, there probably already
are right now. So please, everyone just like
always, take a second to breathe.
You know it said it tells you where to claim, it tells you how
to do everything. On the actual Creator hood
website there's everything from like explainer of the with
rewards, how your daily with rewards are calculated.
There's the tokenomics on there. There's the official
documentation. There's there's a lot of like,
there's a lot of of information on there.
All right, well, make sure you all, fellow money, they were on
stage just now on the Twitter spaces.
It's Creator Hood with AK money. Excited for you.
Big day tomorrow. Tomorrow, April 10th.
April 10th. Is tomorrow.
Big day tomorrow. I'm sure we'll mention again on
the show tomorrow morning as part of the topics and and good
luck with everything. Thanks.
Guys. Thanks, Money.
Appreciate you. All right.
Well, that's going to be interesting for those of you who
are, who are, who are, who are interested in this, make sure
that you participate. There's going to be another one
of those, like Socialfi airdrops.
And so there's a lot of cool stuff coming this way.
It seems like, you know, we're talking about Pac-Man earlier OV
It seems like a lot of people have been doing this with Portal
Block, PAC Moon. I mean, there's been a lot.
It's been a lot. And this one is K Hood and
everything. So a lot of cool stuff coming
on.