1 00:00:00,320 --> 00:00:01,680 Yo-yo, what up? What up? 2 00:00:01,680 --> 00:00:11,000 Good morning. Good morning GMG Thursday, Woo. 3 00:00:11,560 --> 00:00:13,440 Oh. Oh yeah, OK, I'm back. 4 00:00:13,440 --> 00:00:15,120 I'm 100%. I'm 100%. 5 00:00:15,200 --> 00:00:21,240 All right, maybe 99 December 12th, 2024 four four. 6 00:00:21,400 --> 00:00:23,320 Look at that. Another beautiful day to have a 7 00:00:23,320 --> 00:00:27,000 beautiful day. I got my Co hosts in the house, 8 00:00:27,000 --> 00:00:32,360 Tyler Mando Sobby and the inflatable is back baby. 9 00:00:32,520 --> 00:00:33,800 What's up y'all? Good morning. 10 00:00:33,800 --> 00:00:36,000 How y'all doing today? Fantastic. 11 00:00:36,000 --> 00:00:38,920 How are you? Fantastic, phenomenal. 12 00:00:38,920 --> 00:00:40,000 What up Tyler? How you doing? 13 00:00:40,000 --> 00:00:43,280 I'm. Fucking fired up today. 14 00:00:43,360 --> 00:00:46,640 Oh God let's go. Bitcoin broke 100K and literally 15 00:00:46,640 --> 00:00:50,000 all hell broke loose. The AI market hit ten billion, 16 00:00:50,240 --> 00:00:53,400 pudgies broke 100K and now every NFT is soaring. 17 00:00:53,400 --> 00:00:56,840 I think today hit me when I was doing the newsletter. 18 00:00:56,840 --> 00:00:59,920 I think today is the craziest roundup of headlines that I I've 19 00:00:59,920 --> 00:01:02,560 done in like two or three years. Well, OK, this is a big 20 00:01:02,560 --> 00:01:03,880 statement. You heard that man, though. 21 00:01:03,880 --> 00:01:05,720 Did you feel like that with tremendous this morning? 22 00:01:06,160 --> 00:01:09,000 Did you feel that too? Did are you feeling it? 23 00:01:09,000 --> 00:01:10,360 It's freedom. You know what it is? 24 00:01:10,440 --> 00:01:13,240 It's a taste and the sound of freedom because that's what it's 25 00:01:13,240 --> 00:01:15,160 like. That's what it's like when 26 00:01:15,160 --> 00:01:17,960 America's back. Speaking of America, we've got 27 00:01:17,960 --> 00:01:20,440 an American super builder in the house here today. 28 00:01:20,760 --> 00:01:22,400 It's the bond. What's up, baby? 29 00:01:22,400 --> 00:01:25,960 How are you doing? I do live in the Cayman Islands, 30 00:01:25,960 --> 00:01:26,800 but I'm doing great. Dude. 31 00:01:26,800 --> 00:01:30,680 Saw Donald Trump, you know, open the ringing bell or opening 32 00:01:30,680 --> 00:01:32,160 bell. Ringing the opening bell today. 33 00:01:33,080 --> 00:01:36,760 Markets are up good. I think it's just crazy. 34 00:01:36,760 --> 00:01:40,200 I was just thinking about this like I remember being anxious 35 00:01:40,200 --> 00:01:44,480 about the election just a month ago and it's what, six weeks 36 00:01:44,480 --> 00:01:48,240 since since the election and also feels like just four days 37 00:01:48,240 --> 00:01:49,800 ago everyone was like, oh, it's over. 38 00:01:50,200 --> 00:01:51,720 We got that nice little leverage flush. 39 00:01:51,720 --> 00:01:55,280 But dude, we're so back. And I think the biggest thing 40 00:01:55,280 --> 00:01:57,840 too for the regulatory clarity stuff that's upcoming is there's 41 00:01:57,840 --> 00:02:01,320 so many cool products that can be used for crypto, like deep 42 00:02:01,320 --> 00:02:06,040 end gaming, etcetera, that now that these, you know, now there, 43 00:02:06,040 --> 00:02:08,880 there's no regulatory frameworks or hopefully going to be 44 00:02:08,880 --> 00:02:10,880 regulatory frameworks, we're going to see a lot more value 45 00:02:10,880 --> 00:02:14,320 unlocked and created in crypto. And I think you'll see real 46 00:02:14,520 --> 00:02:17,560 builders like legacy builders that are building stuff in AI or 47 00:02:17,560 --> 00:02:20,200 distributed systems just have to use crypto rails. 48 00:02:20,200 --> 00:02:23,120 Like everything like even investing outside of crypto, I 49 00:02:23,120 --> 00:02:25,400 think is going to eventually have a crypto angle now over the 50 00:02:25,400 --> 00:02:27,480 next few years. And I'm I'm stoked about it. 51 00:02:28,440 --> 00:02:31,600 Yeah, yeah, definitely. I mean, you know, you had to 52 00:02:31,600 --> 00:02:33,160 move to Cayman Islands for a reason, right? 53 00:02:33,160 --> 00:02:35,800 And I was actually just talking to logs about this like 15 54 00:02:35,800 --> 00:02:37,640 minutes ago before coming on the show. 55 00:02:37,640 --> 00:02:39,680 I'm sure we'll get there. How a lot of American 56 00:02:39,680 --> 00:02:42,080 entrepreneurs were chased out and it feels like for the first 57 00:02:42,080 --> 00:02:44,840 time, it feels like you can kind of like it's starting to come 58 00:02:44,840 --> 00:02:47,600 back in, right. So we'll talk about that though. 59 00:02:47,600 --> 00:02:49,360 We'll talk about that. So anyway, stay on the show 60 00:02:49,680 --> 00:02:51,880 today, today. So we're on video, we're on 61 00:02:51,880 --> 00:02:54,200 audio, we're everywhere. We've posted, posted broadcast 62 00:02:54,200 --> 00:02:55,840 link, come through, come vibe, come hang. 63 00:02:56,280 --> 00:02:57,720 I think this one's going to be interesting. 64 00:02:57,880 --> 00:02:59,520 I don't know, it's been a while, so I'd still be on the stream. 65 00:02:59,520 --> 00:03:01,600 I don't know if you're still out of pocket, but we'll see. 66 00:03:01,600 --> 00:03:03,600 You never know. It can come at any time. 67 00:03:03,840 --> 00:03:07,440 It can come at any given moment. But but we got the legend in the 68 00:03:07,440 --> 00:03:08,680 house. Amanda, what are you eating 69 00:03:08,680 --> 00:03:10,520 today? The burrito again. 70 00:03:11,400 --> 00:03:13,560 You're like the burrito King, like. 71 00:03:14,080 --> 00:03:15,640 They just go give it to me just now. 72 00:03:16,920 --> 00:03:17,720 I love that. I love. 73 00:03:17,720 --> 00:03:20,440 That they have burritos and Portugal, the outlet. 74 00:03:20,440 --> 00:03:21,800 You guys make that stuff over there? 75 00:03:23,440 --> 00:03:26,520 Are you on the on the view there's a third world country as 76 00:03:26,520 --> 00:03:29,280 well? No, I just didn't know they have 77 00:03:29,280 --> 00:03:32,640 burritos there. Did I? 78 00:03:33,240 --> 00:03:34,400 We have. We have food. 79 00:03:34,400 --> 00:03:38,400 Yeah, yeah. That's not How I Met dude. 80 00:03:38,400 --> 00:03:39,480 I just didn't know there was no no. 81 00:03:39,480 --> 00:03:42,000 No, no, we, we have all the basic necessities, running 82 00:03:42,000 --> 00:03:44,920 water, food. What he what he didn't tell you 83 00:03:44,920 --> 00:03:48,600 is that his wife had to go like chop the chicken out in the back 84 00:03:48,920 --> 00:03:51,680 and then, you know, and then just get the get the burrito. 85 00:03:51,680 --> 00:03:55,080 It's literally farm. That's how Mark Zuckerberg does 86 00:03:55,080 --> 00:03:56,040 it, dude. He's living life. 87 00:03:56,280 --> 00:03:57,960 Exactly. It's literally called that farm 88 00:03:57,960 --> 00:04:00,640 to table. Anyway, so the show today today 89 00:04:00,640 --> 00:04:03,760 market report as usual. Let's go to let's talk about 90 00:04:03,760 --> 00:04:07,040 market real quick anyways, you know up only that's what's up. 91 00:04:07,040 --> 00:04:10,800 We're back in super cycle bear market's over Tyler's top 92 00:04:10,800 --> 00:04:13,040 1,000,000 today because Tyler said it was the most exciting 93 00:04:13,040 --> 00:04:14,320 roundup he's ever in three years. 94 00:04:14,320 --> 00:04:15,800 So definitely make sure that he goes through some stuff. 95 00:04:15,960 --> 00:04:17,880 We got so big to talk to us. We're going to hang us. 96 00:04:18,160 --> 00:04:20,440 I didn't hear so be taking a bunch of the stuff that Tyler 97 00:04:20,440 --> 00:04:22,880 Mando going to talk about today. I need to know what you think 98 00:04:22,880 --> 00:04:24,280 about this whole AI stuff as well. 99 00:04:24,280 --> 00:04:27,000 So because now we haven't spoken about it a lot, but I definitely 100 00:04:27,000 --> 00:04:28,320 need your take on a bunch of stuff. 101 00:04:28,520 --> 00:04:31,360 And then last but not least, so B is here to talk to us also 102 00:04:31,360 --> 00:04:33,400 about what he's up to with Zai games. 103 00:04:33,400 --> 00:04:35,320 You guys are absolutely cooking, man. 104 00:04:35,320 --> 00:04:37,840 The videos you've been post putting out this sentry note 105 00:04:37,840 --> 00:04:40,400 stuff, everything. I mean, Zai has been like, I 106 00:04:40,400 --> 00:04:44,200 mean, leader in in the gaming space, aside from the epic doc 107 00:04:44,200 --> 00:04:46,520 coin, of course. You absolutely love to see that. 108 00:04:47,720 --> 00:04:49,400 And then last but not least, robot giveaway. 109 00:04:49,640 --> 00:04:52,200 It's 2 box spin day today, baby, So maybe someone will win a 110 00:04:52,200 --> 00:04:55,000 punk. And then before we get going, Oh 111 00:04:55,000 --> 00:04:58,800 my God, longest intro of my life and this show is powered by 112 00:04:59,080 --> 00:05:01,240 Galaxies. With seamless built in 113 00:05:01,240 --> 00:05:03,520 monetization tools, Galaxies enable development of 114 00:05:03,520 --> 00:05:05,160 sustainable long term communities, fulfilling 115 00:05:05,160 --> 00:05:07,000 Bitcoin's vision of decentralized freedom and 116 00:05:07,000 --> 00:05:09,520 independence from centralized control, AKA the people who also 117 00:05:09,520 --> 00:05:13,080 powered Trump's NFTS. Speaking of the devil and also 118 00:05:13,080 --> 00:05:15,480 Fair Side network, every day we see people's wallets get 119 00:05:15,480 --> 00:05:18,440 drained, especially right now. Actually, Fair Side is about to 120 00:05:18,440 --> 00:05:21,160 launch the fair alternative to insurance for crypto scams. 121 00:05:21,160 --> 00:05:23,080 Check out Fair Side Network on X. 122 00:05:23,200 --> 00:05:26,080 If you get drained you won't get raked anyways. 123 00:05:26,080 --> 00:05:42,480 Mando up to you baby. Yeah GM everyone so strong day. 124 00:05:42,720 --> 00:05:44,600 The highest ever daily close for Bitcoin. 125 00:05:44,600 --> 00:05:49,440 We closed above 100K. I think those two like big 126 00:05:49,440 --> 00:05:52,440 levered flush outs that we saw was like the main thing that 127 00:05:52,440 --> 00:05:53,840 makes us feel pretty strong here. 128 00:05:53,840 --> 00:05:58,080 Funding is very low. Stocks hit all time highs again 129 00:05:58,080 --> 00:06:01,000 yesterday as well so macros looking OK. 130 00:06:01,200 --> 00:06:06,120 PPI came in slightly above expectations today but nothing 131 00:06:06,280 --> 00:06:11,400 nothing absolutely insane. So you've got a Oh my God, this 132 00:06:11,440 --> 00:06:17,560 person keeps calling me. I may need to ask actually go 133 00:06:17,560 --> 00:06:19,240 deal with this. Maybe delivery, but the. 134 00:06:21,000 --> 00:06:22,800 Yeah, this is all time right now. 135 00:06:22,800 --> 00:06:28,280 Just never have. The so so nothing from macros 136 00:06:28,360 --> 00:06:30,480 throwing off of course. CPI yesterday was kind of in 137 00:06:30,480 --> 00:06:33,720 line, which puts us in a strong position today. 138 00:06:34,280 --> 00:06:38,320 It feels as though again, the biggest sector gainers have all 139 00:06:38,320 --> 00:06:42,840 been in AI, but Solana has kind of clawed back and seems to be a 140 00:06:42,840 --> 00:06:46,360 pretty strong, a strong mover out of the majors back of up to 141 00:06:46,360 --> 00:06:48,280 30. What we did see yesterday was 142 00:06:48,280 --> 00:06:51,880 Trump, Trump's World Financial bought a few different alt 143 00:06:51,880 --> 00:06:58,280 coins, chain link ETH. And what was the other one? 144 00:06:59,200 --> 00:07:04,600 Yeah, Are they, and all those tokens are up like 30% and 145 00:07:04,600 --> 00:07:06,040 Ether's actually up a decent amount too. 146 00:07:06,040 --> 00:07:08,640 So people saw that as very, very bullish that they were doing 147 00:07:08,640 --> 00:07:10,600 that. I, I didn't really read too much 148 00:07:10,600 --> 00:07:14,960 into it, but definitely that caused a massive pump in the in 149 00:07:14,960 --> 00:07:17,400 those tokens. So again, some of those altcoins 150 00:07:17,400 --> 00:07:18,960 have had a very strong day. Wow. 151 00:07:19,240 --> 00:07:23,520 Oh, they have Jesus. Yeah, Yeah. 152 00:07:24,480 --> 00:07:27,280 So those tokens plus the AI tokens are kind of the biggest, 153 00:07:27,520 --> 00:07:30,320 biggest I'm at. I need to go deal with this so I 154 00:07:30,320 --> 00:07:31,920 will I'll speak to you guys later. 155 00:07:31,920 --> 00:07:35,480 He. Breezed through it, but like the 156 00:07:35,520 --> 00:07:41,160 the headline like literally like the Trump team is buying our 157 00:07:41,160 --> 00:07:43,640 bags. So they bought $5 million of ETH 158 00:07:43,640 --> 00:07:47,960 Lincoln Ave. last night and like I just don't know if everyone 159 00:07:47,960 --> 00:07:50,000 and like yes, it makes sense like they're building AD 5 160 00:07:50,000 --> 00:07:52,360 product on ETH. I guess it makes sense on paper, 161 00:07:52,360 --> 00:07:56,680 but I don't think we're ready for them to be actively buying 162 00:07:56,680 --> 00:08:00,280 and broadcasting their bias like this basically. 163 00:08:01,320 --> 00:08:04,560 So I don't know, I felt like it was a pretty, pretty big 164 00:08:05,280 --> 00:08:07,400 headline there. And then I think the other one I 165 00:08:07,400 --> 00:08:12,920 posted about this yesterday is that one of Trump's confidence, 166 00:08:12,920 --> 00:08:16,320 like Paul Manafort was at the Abu Dhabi Bitcoin Conference and 167 00:08:16,320 --> 00:08:20,920 basically saying that everyone is going to enjoy seeing Bitcoin 168 00:08:20,920 --> 00:08:25,680 prices go much higher very soon. It's just another signal that 169 00:08:25,760 --> 00:08:28,960 like these guys are like actively bull posting Bitcoin 170 00:08:29,040 --> 00:08:34,600 and also like we can leads to speculation that like, like is 171 00:08:34,600 --> 00:08:36,840 the strategic Bitcoin reserve like actually happening? 172 00:08:37,080 --> 00:08:39,360 It's like sometime in the in the nearest future. 173 00:08:39,400 --> 00:08:41,760 So I don't know. I I got pretty, pretty happy 174 00:08:41,760 --> 00:08:44,480 when I saw that. Yeah, that's some some good 175 00:08:44,480 --> 00:08:46,760 stuff going on around the news. I mean, yeah, Trump's, Trump's 176 00:08:46,760 --> 00:08:48,520 This morning. I'll play the video. 177 00:08:48,520 --> 00:08:50,480 Actually, it's kind of it's pretty bullish. 178 00:08:50,480 --> 00:08:52,560 And then Soby, I'll go to you after 'cause I'm curious to hear 179 00:08:52,560 --> 00:08:55,000 your thoughts because I know you and I have been talking this for 180 00:08:55,000 --> 00:08:56,320 years together behind the scenes, right? 181 00:08:56,920 --> 00:08:59,840 And now we finally have like a crypto, a pro crypto president 182 00:09:00,160 --> 00:09:01,720 in charge. So I'm actually going to play 183 00:09:01,720 --> 00:09:04,080 this clip this morning. You're embracing crypto. 184 00:09:04,800 --> 00:09:06,160 Different from the previous administration. 185 00:09:06,320 --> 00:09:08,640 Strategic Petroleum Reserve, Like for crypto? 186 00:09:08,640 --> 00:09:09,640 Yeah. I think so. 187 00:09:09,760 --> 00:09:11,920 We're going to do something great with crypto because we 188 00:09:11,920 --> 00:09:15,240 don't want China or anybody else, not just China, but others 189 00:09:15,240 --> 00:09:17,240 are embracing it and we want to be the head. 190 00:09:17,680 --> 00:09:20,080 We're going to be ahead of AI. We're going to be way ahead of 191 00:09:20,160 --> 00:09:21,720 AI. And we've got to produce 192 00:09:21,720 --> 00:09:23,400 tremendous amounts of electricity. 193 00:09:23,400 --> 00:09:27,000 You know that it's unbelievable when you think that we need more 194 00:09:28,080 --> 00:09:29,760 what we already have. If you think. 195 00:09:30,040 --> 00:09:33,400 That's pretty for a specific industry, but we'll be able to 196 00:09:33,400 --> 00:09:36,120 do it. We have Lee Zeldin in charge of 197 00:09:36,120 --> 00:09:38,280 the environment. He's going to be giving us very 198 00:09:38,280 --> 00:09:41,120 strong approvals, I think, and he's going to make sure 199 00:09:41,120 --> 00:09:43,760 everything's good and clean and proper, but he's going to give 200 00:09:43,760 --> 00:09:46,200 us very fast approvals. Love that. 201 00:09:46,200 --> 00:09:48,880 Also that peak lapel on on Melania looks fire. 202 00:09:48,960 --> 00:09:51,600 Anyways, Soby, what do you what do you what do you make of all 203 00:09:51,600 --> 00:09:52,680 this? I know you and I talked about 204 00:09:52,680 --> 00:09:54,720 this a lot. You know, behind the scenes, 205 00:09:54,880 --> 00:09:58,560 crypto founder, crypto founder are being kind of chased out of 206 00:09:58,560 --> 00:10:02,160 the States and now it feels like you can, you know, almost do 207 00:10:02,160 --> 00:10:04,000 your thing again. What do you make of all this? 208 00:10:04,880 --> 00:10:08,720 Yeah, I think for for so basically this is what I guess 209 00:10:08,720 --> 00:10:11,400 kind of happened, right, Is you had Gary Gensler who came in and 210 00:10:11,400 --> 00:10:14,240 I think what people forget is when Gary was was nominated, 211 00:10:14,240 --> 00:10:16,240 everyone was actually really excited about him and thought he 212 00:10:16,240 --> 00:10:17,840 would be a pro crypto. Oh really? 213 00:10:17,840 --> 00:10:19,440 Pick? Yeah, did he? 214 00:10:19,520 --> 00:10:21,800 I mean, if you go remember that time period when people from 215 00:10:21,800 --> 00:10:24,360 exposing yeah, he's like shilling Algorand. 216 00:10:24,760 --> 00:10:27,560 He also went and lied and see he's never used like Bitcoin and 217 00:10:27,560 --> 00:10:28,800 stuff. But then he has lectures where 218 00:10:28,800 --> 00:10:31,200 he says that he's, you know, holding and all this stuff. 219 00:10:32,800 --> 00:10:34,880 So that's I think that's the important context that people 220 00:10:34,880 --> 00:10:37,880 might forget in history is like Gary was supposed to be pro 221 00:10:37,880 --> 00:10:39,320 crypto. People were really excited about 222 00:10:39,320 --> 00:10:42,160 him. I think what happened is 223 00:10:42,160 --> 00:10:45,080 somewhere along the line of somewhere along that whole 224 00:10:45,080 --> 00:10:48,320 journey, you know, Elizabeth Warren, who happens to have 225 00:10:48,800 --> 00:10:51,880 significant political capital amongst the Democrats, for some 226 00:10:51,880 --> 00:10:55,120 reason decided I'm going to go target crypto. 227 00:10:55,120 --> 00:10:58,720 Like this is going to be, you know, my next like thing that I 228 00:10:58,720 --> 00:11:00,960 do. And I think Gary looked to that 229 00:11:00,960 --> 00:11:03,640 and said, hey, I will be like her weapon to dismantle this 230 00:11:03,640 --> 00:11:05,280 industry. And because of that, I'll get 231 00:11:05,720 --> 00:11:09,320 her political capital to allow me to be nominated for, I think 232 00:11:09,320 --> 00:11:12,280 there was saying the secretary of the of the Treasury, right. 233 00:11:12,280 --> 00:11:16,720 So that's kind of what happened. And you can see that like 234 00:11:16,720 --> 00:11:20,160 there's no way that Gary and that the SEC like actually 235 00:11:20,160 --> 00:11:22,120 believed in half the cases that they did, right? 236 00:11:22,120 --> 00:11:25,200 Like, yes, it was a different SEC, but they let an American 237 00:11:25,200 --> 00:11:28,560 company in Coinbase go public. When you go public, you, you 238 00:11:28,880 --> 00:11:31,040 submit this thing called like an S1 that has a lot of your 239 00:11:31,040 --> 00:11:33,920 business plans on it. On that S1, they did include 240 00:11:33,920 --> 00:11:36,440 things like staking as a service, right, Which is what 241 00:11:36,440 --> 00:11:39,120 Gary tried to say was like a security offering or whatever. 242 00:11:39,560 --> 00:11:43,600 And you're not protecting American consumers or investors 243 00:11:43,600 --> 00:11:46,680 or capital allocators if you're going after a publicly cut like 244 00:11:46,680 --> 00:11:49,040 a public company that you allowed to go public, right? 245 00:11:49,320 --> 00:11:52,000 These are people that people are buying this equity on the open 246 00:11:52,000 --> 00:11:54,480 market, whether they're putting on the Roth RA for long term 247 00:11:54,480 --> 00:11:57,080 holding or they're just a part of their portfolio in general. 248 00:11:57,280 --> 00:11:59,920 In addition to that, you have so many employees there, right, 249 00:11:59,920 --> 00:12:02,520 that have RSU as a part of their comp package, right? 250 00:12:02,520 --> 00:12:06,160 And these lawsuits aren't cheap. Then if you also look at like 251 00:12:06,160 --> 00:12:09,680 all the scams that are allowed, like Gary was going around 252 00:12:10,000 --> 00:12:13,280 meeting with Sam Binkman all the time from FTX, the biggest fraud 253 00:12:13,280 --> 00:12:16,160 ever going right under his nose and and mind you did happen 254 00:12:16,160 --> 00:12:19,520 under a lot of our noses, right. But there was there was rumors 255 00:12:19,520 --> 00:12:23,320 that that he almost got a no action letter, which has only 256 00:12:23,320 --> 00:12:26,080 been like a few or like three or five, three to five no action 257 00:12:26,080 --> 00:12:27,840 letters ever submitted in crypto. 258 00:12:27,840 --> 00:12:30,480 So either we're about to get like away with everything, just 259 00:12:30,480 --> 00:12:34,640 the regulatory capture. Now what you have is it's like, 260 00:12:34,760 --> 00:12:36,200 it's like night and day difference, right? 261 00:12:36,200 --> 00:12:39,320 Like now you have this idea that, you know, like if I'm 262 00:12:39,360 --> 00:12:41,400 operating in good faith, like they used to be, if you're 263 00:12:41,400 --> 00:12:43,000 operating in good faith, it didn't matter. 264 00:12:43,320 --> 00:12:45,480 Like the SEC would come after you, whatever. 265 00:12:45,480 --> 00:12:47,040 It doesn't care what what it's trying to do. 266 00:12:47,320 --> 00:12:50,640 In fact, they've created a, they've created a phenomena or 267 00:12:50,640 --> 00:12:54,120 like a regime where like it was actually better to be a piece of 268 00:12:54,120 --> 00:12:56,960 shit than to try to be like, to build a real good business. 269 00:12:57,240 --> 00:13:00,440 Like it was better to scam as much as you can versus do 270 00:13:00,440 --> 00:13:02,600 everything the right way. Because I mean, I'm, I'm sure 271 00:13:02,600 --> 00:13:04,560 you guys went through this with like Mir you had for people that 272 00:13:04,560 --> 00:13:07,760 don't know like the way you launch like a token now is like 273 00:13:08,120 --> 00:13:10,800 you basically spend almost like 1,000,000 bucks and like legal 274 00:13:10,800 --> 00:13:13,400 fees and all this stuff to get. Everything set up right? 275 00:13:13,400 --> 00:13:16,320 Foundation set up was a quarter $1,000,000 back in 2021. 276 00:13:17,200 --> 00:13:19,680 Yeah, it's a quarter $1,000,000. It's the foundation set up 277 00:13:20,880 --> 00:13:22,440 that's and that's straightforward. 278 00:13:22,440 --> 00:13:25,040 Quarter mil and we've spent $1,000,000 for sure since. 279 00:13:26,280 --> 00:13:28,520 Yeah, like I, I would be talking to our lawyers asking them, hey, 280 00:13:28,520 --> 00:13:29,720 can we do this? Can we do that? 281 00:13:29,720 --> 00:13:32,200 They're like, they're basically their answer was like, we don't 282 00:13:32,200 --> 00:13:34,040 know, but probably not like you're probably getting in 283 00:13:34,040 --> 00:13:35,680 trouble because they'll just come after you guys. 284 00:13:35,680 --> 00:13:39,440 So it's just, it's the night, it's a night and day difference. 285 00:13:39,440 --> 00:13:42,520 And for, for us at least like it, it makes sense. 286 00:13:42,520 --> 00:13:45,360 Like there's some industries within crypto like defy and 287 00:13:45,360 --> 00:13:47,400 stuff where these people are like hardcore believers in the 288 00:13:47,400 --> 00:13:49,280 technology. And you know, they'll people 289 00:13:49,280 --> 00:13:51,520 will build perp Dexes and they'll build all this stuff 290 00:13:51,520 --> 00:13:54,640 that like, you know, it doesn't take a genius to be like, hey, 291 00:13:54,640 --> 00:13:58,360 this might be like a red flag or like red level of risk, right, 292 00:13:58,360 --> 00:14:00,960 to build this. The problem that we always had. 293 00:14:00,960 --> 00:14:03,200 And this is the problem that actually is going to, I think 294 00:14:03,200 --> 00:14:04,800 going to help make gaming great again. 295 00:14:04,800 --> 00:14:09,080 And crypto is there's not for a lot of game developers that are 296 00:14:09,080 --> 00:14:10,840 just all they care about is building a good game. 297 00:14:11,200 --> 00:14:14,360 It wasn't like worth the regulatory risk for them to 298 00:14:14,360 --> 00:14:15,840 implement crypto into their game. 299 00:14:16,480 --> 00:14:22,120 You know what I mean? And that I think is the is, is 300 00:14:22,120 --> 00:14:25,520 like the really interesting thing is like now you can have 301 00:14:25,680 --> 00:14:28,360 people that go like, oh, you know, even NF TS, I feel like a 302 00:14:28,360 --> 00:14:31,280 lot of NFT artists or a lot of gaming, like gaming artists are 303 00:14:31,280 --> 00:14:34,520 like, hey, I'll actually incorporate this technology into 304 00:14:34,760 --> 00:14:36,920 the product I'm building. Same with AI guys. 305 00:14:37,200 --> 00:14:39,680 Now that there isn't a significant regulatory risk, and 306 00:14:39,680 --> 00:14:42,480 I still think people haven't figured that out is like the 307 00:14:42,480 --> 00:14:44,600 reason why there hasn't been awesome products or awesome 308 00:14:44,600 --> 00:14:47,520 games or whatever design is because the people building that 309 00:14:47,520 --> 00:14:50,680 stuff honestly don't care enough about crypto to have to go 310 00:14:50,680 --> 00:14:53,120 through a huge legal battle to fight for it, right? 311 00:14:53,120 --> 00:14:55,480 Like think about how many companies before Coindesk got 312 00:14:55,480 --> 00:14:59,000 all these Wells notices and got all these legal cases against 313 00:14:59,000 --> 00:15:00,120 them. And Coinbase was one of the 314 00:15:00,120 --> 00:15:02,240 first ones to be like, fuck that, we're going to go fight 315 00:15:02,240 --> 00:15:04,000 this. To be fair, they also had a lot 316 00:15:04,000 --> 00:15:08,120 more money than other people. But yeah, I think a lot of this 317 00:15:08,120 --> 00:15:10,240 is going to change and and honestly couldn't have been a 318 00:15:10,240 --> 00:15:11,760 better outcome for the for this industry. 319 00:15:12,240 --> 00:15:14,560 Yeah, no, love to. Absolutely love to see that. 320 00:15:15,040 --> 00:15:17,120 And I think it's going to help a lot. 321 00:15:17,120 --> 00:15:20,880 I was talking to Ilan and logs I was seeing earlier today, you 322 00:15:20,880 --> 00:15:23,320 know, Co founders and Dustin Bosso, CEO and CPO. 323 00:15:23,320 --> 00:15:25,640 And we were talking about how like for yours we're like 324 00:15:25,640 --> 00:15:27,560 chasing like let's say Asia this and that. 325 00:15:27,560 --> 00:15:30,680 And now I feel like there's like this huge like comeback to 326 00:15:30,680 --> 00:15:32,840 America for for for crypto companies. 327 00:15:32,840 --> 00:15:35,800 And I'll just quote here Maple Leaf cap from foliage venture. 328 00:15:35,800 --> 00:15:37,280 You probably know him. I wouldn't be surprised if 329 00:15:37,280 --> 00:15:38,240 they're involved with you guys, right? 330 00:15:38,360 --> 00:15:41,800 I don't know if they are, but and he wrote this morning over 331 00:15:41,800 --> 00:15:45,280 the past few weeks, LP has been asking me what I think about 332 00:15:45,280 --> 00:15:46,720 Trump's election. He goes in short term. 333 00:15:46,720 --> 00:15:49,120 It is likely that the favorable policies promised by the US 334 00:15:49,120 --> 00:15:52,280 president and his new team will be priced in from December to 335 00:15:52,280 --> 00:15:53,640 February. The entire market will be 336 00:15:53,640 --> 00:15:56,560 extremely hot and and prices will peak in for the for the 337 00:15:56,560 --> 00:15:59,280 short term. But then he goes, I think that 338 00:15:59,280 --> 00:16:01,000 was not the statement. The bigger one is the golden 339 00:16:01,000 --> 00:16:03,240 age. The entire web through industry 340 00:16:03,240 --> 00:16:04,960 is about to be born in the United States. 341 00:16:05,200 --> 00:16:07,600 The next four years will be a cycle in which American Web Two 342 00:16:07,600 --> 00:16:11,680 companies will come to the fore, the best entrepreneurs will 343 00:16:11,680 --> 00:16:14,240 enter the game, and the world's largest capital market 344 00:16:14,240 --> 00:16:17,560 entrepreneur entrepreneurs will embrace the industry. 345 00:16:17,760 --> 00:16:21,480 The long bull market starts here and there is no time for the 346 00:16:21,480 --> 00:16:26,640 industry to reach its peak. You want to be Max Long and 347 00:16:26,640 --> 00:16:29,840 there is literally no top. I love that. 348 00:16:30,360 --> 00:16:33,160 And then that's he's speaking my language there. 349 00:16:33,280 --> 00:16:36,160 Then he goes for Asia. This era should be both exciting 350 00:16:36,160 --> 00:16:38,480 and frustrating. The former comes from the Global 351 00:16:38,480 --> 00:16:41,840 Entry, while the latter comes from the lack of understanding 352 00:16:41,840 --> 00:16:44,520 and support from the motherland. For Folius, this is a good 353 00:16:44,520 --> 00:16:47,320 opportunity to talk to them about his, his fun, et cetera, 354 00:16:47,320 --> 00:16:48,680 et cetera. And how good this is. 355 00:16:48,680 --> 00:16:51,120 Like, I don't know, like this had me like going this morning 356 00:16:51,120 --> 00:16:53,520 because I mean, this someone I got to speak to in person in 357 00:16:53,520 --> 00:16:54,760 Hong Kong. And I know that he's he's 358 00:16:54,760 --> 00:16:56,400 pretty, pretty smart when it comes to stuff. 359 00:16:56,400 --> 00:16:59,520 But also like, I don't know, man, like this is super positive 360 00:16:59,520 --> 00:17:01,560 for space in general. Like regardless of people's 361 00:17:01,560 --> 00:17:03,480 thoughts on on Donald Trump, whether you voted for him or 362 00:17:03,480 --> 00:17:07,119 not, like the truth is, since he came in president-elect, we were 363 00:17:07,119 --> 00:17:10,920 all like, hey, will he like, you know, follow on his promises? 364 00:17:10,920 --> 00:17:13,920 And so far with the people it's put in place, looks like he is. 365 00:17:13,920 --> 00:17:15,560 I mean, Tyler, I don't know. What do you, what do you, what 366 00:17:15,560 --> 00:17:18,960 do you think of this, you know? Yeah, you, you're spot on. 367 00:17:18,960 --> 00:17:22,000 I think there's, there's two ways I'm looking at one, 368 00:17:22,480 --> 00:17:25,040 companies who have been on the sidelines are thinking about 369 00:17:25,040 --> 00:17:28,560 moving to other jurisdictions like they're they're coming back 370 00:17:28,600 --> 00:17:31,560 or they are excited to now build a launch in the United States. 371 00:17:31,560 --> 00:17:34,920 Like that is a fact. A crypto boom is in the early 372 00:17:34,920 --> 00:17:38,400 stages in the United States. I, I firmly believe that. 373 00:17:39,000 --> 00:17:41,760 And then just from like a price action standpoint, like we, we 374 00:17:41,760 --> 00:17:43,520 had this mental model where we were going to pump to the 375 00:17:43,520 --> 00:17:46,480 inauguration and sell off. Like if you're thinking about 376 00:17:46,480 --> 00:17:49,000 selling off in January and February at the beginning of a 377 00:17:49,000 --> 00:17:51,160 four year boom cycle, like what? What are you doing? 378 00:17:51,480 --> 00:17:53,360 You mean the 12 year super bull market? 379 00:17:53,800 --> 00:17:55,680 I mean, yeah, maybe it it could go much longer. 380 00:17:56,040 --> 00:17:59,760 It's like, why are you trying to time a a sell at the very 381 00:17:59,760 --> 00:18:01,360 beginning? I just this never made any sense 382 00:18:01,360 --> 00:18:03,080 to me. It makes even less sense to me 383 00:18:03,080 --> 00:18:09,560 now because like we're, we're just the early stages of all of 384 00:18:09,560 --> 00:18:10,720 us. So companies are just going to 385 00:18:10,720 --> 00:18:14,160 start building now. Yeah. 386 00:18:14,160 --> 00:18:18,240 I don't think anyone's bullish enough. 100% no totally agree. 387 00:18:18,240 --> 00:18:20,880 So anyways, I think I think on the market side, I mean unless 388 00:18:20,880 --> 00:18:23,400 mentally anything to act to add, I think that was that was really 389 00:18:23,400 --> 00:18:26,240 it, right. So long as it So what two 30s, 390 00:18:27,560 --> 00:18:31,360 you know, E4000 Bitcoin one O 1 quickly. 391 00:18:31,360 --> 00:18:33,880 So beyond that, what what are your predictions for the short 392 00:18:33,880 --> 00:18:35,480 term? I know Mando was saying pump 393 00:18:35,480 --> 00:18:38,040 into the inauguration, maybe a slight little cool off, but then 394 00:18:38,280 --> 00:18:40,800 obviously then then we continue to RIP Tyler just kind of made 395 00:18:40,800 --> 00:18:42,120 his what what do you what do you think? 396 00:18:42,120 --> 00:18:43,680 What do you think the market goes? 397 00:18:44,640 --> 00:18:46,760 Up. That's it. 398 00:18:46,760 --> 00:18:48,720 That's all I needed to hear. All right, perfect. 399 00:18:49,480 --> 00:18:51,560 Just stop. I like that everyone is like 400 00:18:51,560 --> 00:18:54,880 turbo bulled up, you know, to the poor Armando. 401 00:18:54,880 --> 00:18:57,160 I don't know if you know, but Soby also joined the club, 402 00:18:57,200 --> 00:18:59,480 bought a match and watch. So you know, the signals are 403 00:18:59,480 --> 00:19:00,160 there. The signals. 404 00:19:01,440 --> 00:19:05,280 Signals are there no that that this isn't this is like we we've 405 00:19:05,280 --> 00:19:07,200 grinded it too hard for that to be a top signal. 406 00:19:07,480 --> 00:19:09,480 The next top signal is is probably going to be like when 407 00:19:09,480 --> 00:19:13,280 Amanda like unironically thinks about buying like a Township in 408 00:19:13,280 --> 00:19:15,360 Portugal or something. That's going to be this like 409 00:19:15,360 --> 00:19:21,000 that's going to be the top port. Township, all these references 410 00:19:21,040 --> 00:19:23,200 to to Portugal being third world it feels like. 411 00:19:24,880 --> 00:19:26,600 But. Dude, we have townships. 412 00:19:26,600 --> 00:19:27,840 That's like what you call a town. 413 00:19:28,680 --> 00:19:31,280 Did your delivery come on like a carriage with the horses? 414 00:19:32,720 --> 00:19:34,920 So I said to go pick it up and. Look outside and there was two 415 00:19:34,920 --> 00:19:38,160 guys like breaking into my garden and I was like, oh, these 416 00:19:38,160 --> 00:19:40,440 must be the delivery. Guys, I need to stop. 417 00:19:40,440 --> 00:19:41,840 I'm moving there in January. What's up? 418 00:19:41,840 --> 00:19:42,920 Tyler? Were you going to add something? 419 00:19:43,360 --> 00:19:45,120 I want to share this anecdote. So I was talking to our 420 00:19:45,120 --> 00:19:47,880 financial advisor yesterday and he's actually pretty anti 421 00:19:47,880 --> 00:19:51,320 crypto, doesn't know about it, doesn't touch it, doesn't even 422 00:19:51,320 --> 00:19:53,240 want to talk about it. And we were talking about maybe 423 00:19:53,320 --> 00:19:56,920 he's doing some rebalancing. He basically said with Trump in 424 00:19:56,920 --> 00:19:58,840 office, you don't want to sell any crypto. 425 00:19:59,360 --> 00:20:03,120 So I can't even like the anti crypto crowd see it like the 426 00:20:03,120 --> 00:20:05,560 signals are obvious and they're getting louder everyday. 427 00:20:06,080 --> 00:20:08,520 And on top of that, this morning, you know, BlackRock 428 00:20:08,520 --> 00:20:12,400 says that up to 2% Bitcoin allocation is, is reasonable. 429 00:20:12,400 --> 00:20:14,680 So you have all the families that are, you know, I mean your 430 00:20:14,680 --> 00:20:17,360 family man, Tyler, I'm sure you don't gamble, gamble with the 431 00:20:17,800 --> 00:20:19,880 side of the money that's like to your kids and shit. 432 00:20:19,880 --> 00:20:21,840 Or maybe you do. You probably put your you 433 00:20:21,840 --> 00:20:24,120 probably have all your kids, college, pension funds and 434 00:20:24,120 --> 00:20:26,160 fucking fart corn right now, for what it's worth. 435 00:20:29,160 --> 00:20:31,920 You know. That you know what I mean? 436 00:20:31,920 --> 00:20:35,240 Like dad, how do we get so rich? I just bought a fart corn and 437 00:20:35,240 --> 00:20:45,400 chilled. Anyways, Tyler, up to you. 438 00:20:50,280 --> 00:20:52,600 There's a lot of headlines, but I got to get the top story to 439 00:20:52,600 --> 00:20:55,880 the Pudgy Penguins breaking $100,000 for the first time 440 00:20:55,920 --> 00:20:58,400 ever. Penguin World Order is here, and 441 00:20:58,400 --> 00:21:00,480 guess what? It sparked a massive entity 442 00:21:00,480 --> 00:21:02,080 rally. We'll get to that here in a 443 00:21:02,080 --> 00:21:04,440 minute. Bitcoin also broke 100,000. 444 00:21:04,440 --> 00:21:07,400 All hell broke loose across all memes. 445 00:21:07,760 --> 00:21:11,960 NF TS Ray Dalio said he prefers hard money assets like Goldman 446 00:21:11,960 --> 00:21:14,840 Bitcoin his major economies face of looming debt crisis. 447 00:21:15,080 --> 00:21:18,360 We had Trump's confidant Paul Manafort saying Bitcoin holders 448 00:21:18,360 --> 00:21:21,560 will be celebrating much higher than $100,000 very soon. 449 00:21:21,920 --> 00:21:24,160 He thinks at the Avenue Conference. 450 00:21:24,160 --> 00:21:27,040 BlackRock as you just mentioned saying 2% allocation of Bitcoin 451 00:21:27,040 --> 00:21:29,040 is reasonable. Then we had Trump's World 452 00:21:29,040 --> 00:21:32,440 Liberty Finance sparking an altcoin rally by buying EF Link 453 00:21:32,440 --> 00:21:35,120 and Ave. last night. Huge day for all. 454 00:21:35,280 --> 00:21:38,240 The City of Vancouver passed a motion to become a Bitcoin 455 00:21:38,240 --> 00:21:41,080 friendly city and explorers potential use cases, and then 456 00:21:41,080 --> 00:21:45,120 Solana announced an 8 city takeover in the US in 2025 to 457 00:21:45,120 --> 00:21:48,440 help accelerate crypto innovation here stateside. 458 00:21:48,800 --> 00:21:51,720 In token AirDrop and protocol news, Phantom is now servicing 459 00:21:51,720 --> 00:21:55,000 Pump Fund meme coins within minutes of launching within the 460 00:21:55,000 --> 00:21:58,600 wallet, allowing users to view price history and incur progress 461 00:21:58,600 --> 00:22:00,520 and more. Shout out to those rectoring 462 00:22:00,520 --> 00:22:02,880 purchasers folks. Officially reached a 10X on 463 00:22:02,880 --> 00:22:05,880 those rectoring class with the pump and Rep coin. 464 00:22:06,160 --> 00:22:09,240 Ubisoft announced the launch for its new Captain Laser Hawk game 465 00:22:09,440 --> 00:22:12,800 along with the free NFT Mint backpack, rolled out support for 466 00:22:12,800 --> 00:22:15,680 SUI on its wallet and then treasure formerly treasured out. 467 00:22:16,000 --> 00:22:20,200 They launched their own L2 via ZK Sync and it's Elastic Chain. 468 00:22:20,800 --> 00:22:24,240 So they're going to be doing some migration of games and NFTS 469 00:22:24,240 --> 00:22:26,440 for that and broader memes and NFTS. 470 00:22:26,440 --> 00:22:28,840 Meme coin majors are green here this morning, most of about two 471 00:22:28,840 --> 00:22:31,600 to 5%. Peanut soared after the Coinbase 472 00:22:31,600 --> 00:22:35,560 announcement yesterday. The AI leaders are up 10 to 15%. 473 00:22:35,560 --> 00:22:39,160 That market cap is knocking on $10 billion right now. 474 00:22:39,160 --> 00:22:43,960 Griffane, Fart Coin were big winners on that list, but dozens 475 00:22:43,960 --> 00:22:48,240 of winners. And NFTS, folks, NFTS are back. 476 00:22:48,240 --> 00:22:50,960 We can finally say it, They are officially back. 477 00:22:50,960 --> 00:22:53,600 ETMT volume over $25 million on the day. 478 00:22:53,920 --> 00:22:58,360 All the leaders are up 10 to 70%, Doodles up 70% and a 479 00:22:58,360 --> 00:23:01,080 massive rebound. Apes are up, the Penguins are 480 00:23:01,080 --> 00:23:03,320 up, Uzuki's are up, everything's up. 481 00:23:03,800 --> 00:23:06,600 And then Mochaverse announced a second Mocha AirDrop for 482 00:23:06,600 --> 00:23:08,400 Mochaverse stakers. Oh, then breaking news before 483 00:23:08,400 --> 00:23:09,760 the show. I guess anyone who attended Ape 484 00:23:09,760 --> 00:23:12,200 Fest woke up with $3000 in their wallet. 485 00:23:12,440 --> 00:23:15,840 There's an AirDrop? The fuck this monkey token to 486 00:23:15,840 --> 00:23:17,920 anyone who went. So if you went, go check your 487 00:23:17,920 --> 00:23:19,560 wallets. Check your wallets. 488 00:23:19,560 --> 00:23:21,840 You went to Ape Fest and you made three grand there. 489 00:23:21,880 --> 00:23:24,800 Your fucking trip was paid for. Probably because it's so cheap 490 00:23:24,800 --> 00:23:27,520 to go out there anyways. I mean, I feel like we have to 491 00:23:27,520 --> 00:23:29,520 start with pudgy Penguins and NFTS here. 492 00:23:29,800 --> 00:23:33,200 Like I feel like it's only fitting that we start because 493 00:23:33,200 --> 00:23:36,880 remember that that didn't Jazz and Luca make a bet guys about 494 00:23:36,880 --> 00:23:41,080 the 100K floor, Jazz saying that no NFT will ever reach 100K 495 00:23:41,080 --> 00:23:43,600 again. And then Luca took the bet thing 496 00:23:43,600 --> 00:23:47,200 was the six figure bet there. So I mean, this guy's waiting on 497 00:23:47,200 --> 00:23:48,880 a lot of levels. So 100K floor, huh? 498 00:23:49,800 --> 00:23:54,240 Yeah, hit 100K yesterday. So I think it's on the back of 499 00:23:54,240 --> 00:23:56,640 people find sitting down and doing some of the math on the 500 00:23:56,640 --> 00:24:01,600 Pingu token drop potential allocations and Pingu token was 501 00:24:01,600 --> 00:24:04,720 trading at like a 5 billion FTV on whales. 502 00:24:04,920 --> 00:24:08,680 Granted caveat super low volume, take it with a grain of salt, 503 00:24:09,080 --> 00:24:11,760 but just that number alone. People sing the magic eating 504 00:24:11,760 --> 00:24:15,440 come token come out at 5 to 10 billion FDV. 505 00:24:16,680 --> 00:24:19,120 I think it has people's heads spinning a little bit and 506 00:24:19,120 --> 00:24:22,880 speculating about what the Pingu token could actually be. 507 00:24:23,120 --> 00:24:24,400 So how much is this for Penguins? 508 00:24:25,480 --> 00:24:27,200 I don't. We don't know the exact details, 509 00:24:27,200 --> 00:24:29,200 this is all just speculation. OK, OK. 510 00:24:30,240 --> 00:24:36,200 But folks are at 1 billion FTV, I I think it's around 23 K. 511 00:24:36,680 --> 00:24:39,640 So at 4 to 5 billion, now you're talking 100K per per big. 512 00:24:39,920 --> 00:24:41,760 Yeah, that's, I think that's, that's, that makes sense. 513 00:24:41,760 --> 00:24:45,800 I mean, there's 40 billion gifts shares from Penguins. 514 00:24:45,800 --> 00:24:50,120 Like it's arguably the most proliferated NFT brand in crypto 515 00:24:50,120 --> 00:24:52,880 or one of the biggest crypto brands outside of it. 516 00:24:52,880 --> 00:24:54,760 I mean, Sobie, you were pretty early to the pudgy Penguins. 517 00:24:55,120 --> 00:24:56,960 I mean you're literally built like 1. 518 00:24:58,480 --> 00:25:00,880 I got liquidated on my pudgies. Am I my ladies? 519 00:25:01,680 --> 00:25:03,520 No. What? 520 00:25:04,240 --> 00:25:08,000 When? I think it happened back in like 521 00:25:08,000 --> 00:25:09,920 August or July. I think I didn't have. 522 00:25:10,000 --> 00:25:14,880 I borrowed against them to gamble on perps, and then I lost 523 00:25:14,880 --> 00:25:17,200 it all on perps at my friend's wedding. 524 00:25:17,280 --> 00:25:19,400 And then I don't have e-mail set up for Blur. 525 00:25:19,840 --> 00:25:21,800 So I was like, Oh yeah, let me go get my pudgy out of here. 526 00:25:21,800 --> 00:25:24,040 And I'm like, oh, it's gone, it's OK. 527 00:25:24,040 --> 00:25:26,400 And then all my boys gone. You'll be fine. 528 00:25:26,400 --> 00:25:28,200 I see the Zai pudgy. You get. 529 00:25:28,240 --> 00:25:30,400 You see the Zai pudgy. I love it. 530 00:25:30,400 --> 00:25:32,440 I mean, you've been a you've been a fan for a minute, right? 531 00:25:32,440 --> 00:25:33,880 I know your friend Luca and stuff Like what? 532 00:25:33,880 --> 00:25:35,080 What? What's your estimates for the 533 00:25:35,080 --> 00:25:36,920 opening of Pangu? Let's let's make some calls 534 00:25:36,920 --> 00:25:38,480 here, boys. Like what does everybody think 535 00:25:38,480 --> 00:25:42,320 Pangu opens at? I mean, I think it depends on 536 00:25:43,840 --> 00:25:47,920 basically what the I think it depends on what once we get more 537 00:25:47,920 --> 00:25:50,960 details on the community air drops, because I think the the 538 00:25:51,080 --> 00:25:54,640 the actual air drop to the bigs and littles, I don't think 539 00:25:54,640 --> 00:25:57,360 they're going to sell like everyone's so rich right now or 540 00:25:57,360 --> 00:26:00,080 like a bullish that I'd be surprised unless people were 541 00:26:00,080 --> 00:26:02,800 really hurting for cash or had multiple that they'd really 542 00:26:02,800 --> 00:26:05,840 sell. But if it's like I don't want to 543 00:26:05,840 --> 00:26:08,280 just throw a random straight, but like if it's like clone X or 544 00:26:08,280 --> 00:26:10,720 doodles are included in that shin, those guys are down bad. 545 00:26:10,720 --> 00:26:12,880 They're probably down to sell some of their paying their 546 00:26:12,880 --> 00:26:14,760 tokens. So I think it depends on like 547 00:26:14,760 --> 00:26:16,120 the. Throws some strays. 548 00:26:18,840 --> 00:26:21,240 Like if if it's an NFT collection that's been around 549 00:26:21,240 --> 00:26:24,320 for a while that is down bad if I get some pain goo I can see 550 00:26:24,320 --> 00:26:27,280 that being like the cell like the cell pressure come in. 551 00:26:27,280 --> 00:26:30,360 But honestly should be around the same price as Magic Eden's 552 00:26:30,360 --> 00:26:32,960 token. Interesting. 553 00:26:32,960 --> 00:26:34,640 What's that at now? What's that at this morning, 554 00:26:34,640 --> 00:26:36,120 Tyler? What are we looking at for it? 555 00:26:36,560 --> 00:26:39,960 Went sub five. That's like. 556 00:26:40,360 --> 00:26:44,720 Yeah, OK, interesting. Amanda, what do you think you 557 00:26:44,720 --> 00:26:45,160 mean, Tom? What? 558 00:26:45,160 --> 00:26:46,840 What's your what? What's your prediction here on 559 00:26:46,840 --> 00:26:50,520 Pengu? I mean these numbers seem high 560 00:26:50,520 --> 00:26:52,360 to me, but I I. I don't know. 561 00:26:53,000 --> 00:26:55,320 Like what? Why is this so much better than 562 00:26:55,560 --> 00:26:58,760 the ape coin for example? I mean, but but that's the 563 00:26:58,760 --> 00:27:00,600 thing. Ape coin went to 26 bucks guys 564 00:27:01,320 --> 00:27:02,560 right but. Where is Ape coin now? 565 00:27:03,240 --> 00:27:07,080 Well, like $2.00, call it you give or take once I. 566 00:27:07,160 --> 00:27:11,160 Mean maybe it goes to yeah, maybe it goes to 3:00 to I, I, I 567 00:27:11,160 --> 00:27:16,360 actually just have no idea. But like maybe it does go 568 00:27:16,520 --> 00:27:19,400 multiple, multiple billions. I mean I can tell you the 569 00:27:19,400 --> 00:27:22,280 difference is 1. Like pudgies are seen as like 570 00:27:22,280 --> 00:27:25,880 Luca is seen as a winner. Yeah, and someone just called me 571 00:27:25,880 --> 00:27:29,240 the the Temu version of OSF and the SO. 572 00:27:29,320 --> 00:27:32,640 Someone walked into our house in Miami, went to Ovie and went 573 00:27:32,920 --> 00:27:35,320 Sobie. And there was was that? 574 00:27:35,320 --> 00:27:37,440 Was that you or I? Swear to God on my mom's life 575 00:27:37,680 --> 00:27:41,680 some random person came in went to OB and went sobey and they 576 00:27:41,680 --> 00:27:45,240 were so excited to meet OB and I started crying. 577 00:27:46,400 --> 00:27:51,480 Anyways. I think like pudgy Sense minute 578 00:27:51,480 --> 00:27:53,880 is at all time high. I think people want it. 579 00:27:53,920 --> 00:27:57,280 They want it on the end. That's not the same as the Yuga 580 00:27:57,280 --> 00:27:58,400 brand. Like let's just be honest, 581 00:27:58,400 --> 00:27:59,920 right? They're doing well. 582 00:27:59,920 --> 00:28:02,880 They're rebounding off of the bottom, but people aren't 583 00:28:02,880 --> 00:28:05,640 kicking and screaming to to break down the door to get into 584 00:28:05,640 --> 00:28:08,120 Yuga assets. Right now, no, I agree. 585 00:28:08,160 --> 00:28:11,600 I just, I don't know for five to 10 billion, like that's, that's 586 00:28:11,600 --> 00:28:13,240 high for a meme coin. Sure, my. 587 00:28:13,280 --> 00:28:15,000 Brother, you got to turn that brain off. 588 00:28:15,000 --> 00:28:17,920 Like we're talking like Golden Bull Run, like super cycle shit, 589 00:28:17,960 --> 00:28:19,680 like we're talking like, you know what I mean? 590 00:28:19,760 --> 00:28:20,920 Like. That's what Trump's going to 591 00:28:20,920 --> 00:28:22,320 buy, Pingo. Yeah, like. 592 00:28:22,880 --> 00:28:27,720 My my experience of meme coins on ETH versus meme coins on 593 00:28:27,720 --> 00:28:33,040 Seoul is it takes a gargantuan effort to get a meme coin above 594 00:28:33,040 --> 00:28:34,560 a billion dollars on. This is true. 595 00:28:34,640 --> 00:28:37,560 This is very true. On ease, Once a lead is formed, 596 00:28:37,640 --> 00:28:41,640 you know that's going to be the leader, like Pop Cat has been at 597 00:28:41,640 --> 00:28:44,320 one for. Months. 598 00:28:45,040 --> 00:28:48,080 Right, absolute. It takes so much because there's 599 00:28:48,080 --> 00:28:49,800 so many new coins. So yeah, I agree with you. 600 00:28:49,800 --> 00:28:50,880 We're going to have a lot of blosseness. 601 00:28:50,920 --> 00:28:56,840 But I do think I, I just think that any meme coin above one $1 602 00:28:56,840 --> 00:29:00,080 billion on, on Solana, it is difficult. 603 00:29:00,320 --> 00:29:02,720 It's really, really difficult. Let me count on that one one 604 00:29:02,720 --> 00:29:04,080 more time. With, with, with. 605 00:29:04,520 --> 00:29:07,120 Well that's because they all have terrible terrible unit bias 606 00:29:07,400 --> 00:29:09,960 and BONK is the only good unit bias token on Solana. 607 00:29:09,960 --> 00:29:11,720 What is that 3? And it's at 3 billion. 608 00:29:12,400 --> 00:29:14,520 Yeah, so we think this flips bonk. 609 00:29:14,960 --> 00:29:16,120 Yeah. I think it. 610 00:29:16,240 --> 00:29:17,680 I mean, I think it. Can flip all three. 611 00:29:18,120 --> 00:29:20,360 It. Can it can flip all the bad unit 612 00:29:20,360 --> 00:29:22,720 bias tokens because you can get billions of these. 613 00:29:23,320 --> 00:29:26,520 I, I have to say like I, I, I, I'm on team Tyler here for this 614 00:29:26,520 --> 00:29:28,000 one. Like I, I think like this is 615 00:29:28,000 --> 00:29:31,080 like a billion dollar open based on cult and everything that's 616 00:29:31,080 --> 00:29:34,280 doing well and I feel like. I didn't go to a billion 617 00:29:34,280 --> 00:29:36,480 dollars, I'm not saying. That what I'm saying it's like. 618 00:29:37,080 --> 00:29:39,720 And I'm, you know, I'm not, I'm not mid curve like I do. 619 00:29:39,720 --> 00:29:42,320 I'm just telling you that Solana Meatball is above a billion 620 00:29:42,320 --> 00:29:44,000 dollars. Guys, I'm not just. 621 00:29:44,000 --> 00:29:46,200 Like, Oh my God, it's going to be there and it's there forever. 622 00:29:46,200 --> 00:29:48,880 Like people fucking eat this stuff hard. 623 00:29:50,400 --> 00:29:52,960 What do you guys think is a more popular character than the 624 00:29:52,960 --> 00:29:54,920 Penguin though? Like in crypto I feel like only 625 00:29:54,920 --> 00:29:57,880 Pepe and Doge are more popular than the Penguin. 626 00:29:58,680 --> 00:30:01,240 And maybe the milady, but I think the Penguins more popular 627 00:30:01,640 --> 00:30:04,000 than that, right. So it's like I mean we all have 628 00:30:04,000 --> 00:30:08,040 these behind us, right, Like it's like I I think yeah, I 629 00:30:08,040 --> 00:30:10,320 don't know, man, I I think billion dollar open. 630 00:30:10,800 --> 00:30:13,240 I think like Soby said, like all the communities that are 631 00:30:13,240 --> 00:30:16,600 probably down bad like Sal, but I think that the collective 632 00:30:16,600 --> 00:30:18,320 thinks that's going to five to 10 bills. 633 00:30:18,320 --> 00:30:20,400 So I think the collective can take it there, you know what I 634 00:30:20,400 --> 00:30:22,280 mean? So there's always the question 635 00:30:22,280 --> 00:30:24,560 of who's the buyer, right. And like for all the air drops 636 00:30:24,560 --> 00:30:26,400 in the bear market, like we couldn't answer that question. 637 00:30:27,200 --> 00:30:29,520 Everyone I know wants to buy Pingu if it's at a billion 638 00:30:29,520 --> 00:30:34,280 dollars or lower, like people are happy to buy at those and 639 00:30:34,280 --> 00:30:36,480 interesting. That's why I think it does go 640 00:30:36,480 --> 00:30:40,640 higher than that. 1.5 to 2 was my kind of mental model and now 641 00:30:40,640 --> 00:30:43,640 some of the pre market action has my maybe getting a little a 642 00:30:44,040 --> 00:30:45,640 little little more bullish on that. 643 00:30:48,480 --> 00:30:50,280 Do have a good pre market bullishness? 644 00:30:50,960 --> 00:30:55,080 I do. He loves his AVO markets 645 00:30:55,080 --> 00:30:57,240 anyways. Just quickly, why is the code 646 00:30:57,240 --> 00:30:59,120 beta today? What the fuck seems. 647 00:30:59,280 --> 00:31:01,480 Terrible code. What? 648 00:31:01,560 --> 00:31:03,680 Yes, we launched, we launched the beta, didn't we? 649 00:31:03,680 --> 00:31:05,400 It's live now, so let's go with it. 650 00:31:05,400 --> 00:31:07,680 It's linking it up to it, yeah. Then it's time to marry. 651 00:31:07,680 --> 00:31:08,920 The article? Come the fuck on. 652 00:31:09,320 --> 00:31:12,320 OK, come on. Oh, come on Mike, come on Mike, 653 00:31:12,720 --> 00:31:14,040 come on Mike. Look at this. 654 00:31:14,040 --> 00:31:15,800 My team teaching me about my own shit. 655 00:31:16,040 --> 00:31:20,040 He's right though. So rafflebot dot XYZ, rafflebots 656 00:31:20,040 --> 00:31:22,920 dot XYZ code is beta if you want to win a punk today. 657 00:31:22,920 --> 00:31:25,720 And by the way, peep the new Marriott PFP. 658 00:31:25,720 --> 00:31:26,080 It's. Gorgeous. 659 00:31:27,440 --> 00:31:30,160 Chat to mungo for that and by the way we have the the Penguin 660 00:31:30,160 --> 00:31:32,200 market so let's check this out so be you're going to love this 661 00:31:32,520 --> 00:31:34,920 like what we launched dude. So if you go to Myriad right, 662 00:31:34,920 --> 00:31:37,160 right now, we should we're going to do this with Zai too. 663 00:31:37,160 --> 00:31:39,880 We got to do it with Zai. So we we have a special markets 664 00:31:39,880 --> 00:31:43,080 just for Penguins on their own thing. 665 00:31:43,080 --> 00:31:46,840 Yeah, it's and it's actually been like going very, very like 666 00:31:46,840 --> 00:31:48,520 the activity done is fucking through the roof. 667 00:31:48,680 --> 00:31:50,960 And just for having a pudgy Penguin, you get a ton of points 668 00:31:51,200 --> 00:31:53,560 on Myriad. And you know, if I were you, 669 00:31:54,400 --> 00:31:57,040 including my friends, I, I probably be spending some time 670 00:31:57,040 --> 00:32:00,360 on Myriad a little bit every day, you know, catching those 671 00:32:00,360 --> 00:32:02,280 points. Where are those points going to 672 00:32:02,280 --> 00:32:04,800 turn into? The points. 673 00:32:05,080 --> 00:32:09,040 The points. This straight fed posting dude. 674 00:32:10,480 --> 00:32:11,960 Trump's America. What do you mean? 675 00:32:12,280 --> 00:32:14,880 So I mean dude, like, you know, I am in the Cayman Islands 676 00:32:14,880 --> 00:32:17,000 myself as well, by the way, so we should go surfing, leader 677 00:32:17,720 --> 00:32:20,280 anyways. OK, you're going to go swim. 678 00:32:20,280 --> 00:32:23,440 OK, I'll go be surfing Tyler, and then we'll get to Soby 679 00:32:23,440 --> 00:32:25,520 inside everything in 5 minutes here, Tyler. 680 00:32:25,520 --> 00:32:27,360 What else? What are the top top trends 681 00:32:27,360 --> 00:32:29,400 going on right now there's? So many things, like I don't 682 00:32:29,400 --> 00:32:31,840 really want to get into the AI report because it was too much. 683 00:32:31,840 --> 00:32:34,240 It was the bit, it was the most I've seen in a single day. 684 00:32:34,440 --> 00:32:36,240 I think maybe we'll catch up on that tomorrow. 685 00:32:37,520 --> 00:32:39,680 I think an important trend and it's pumping my bags. 686 00:32:39,680 --> 00:32:42,360 I don't care. Like fartcoin is going viral and 687 00:32:42,360 --> 00:32:45,520 tradify and it's becoming too big to ignore. 688 00:32:45,520 --> 00:32:49,240 It's like the I'm becoming a fart Lord. 689 00:32:50,040 --> 00:32:52,560 The, the StockTwits account posting the meme of the guy 690 00:32:52,560 --> 00:32:54,920 throwing away the intelligent investor and quoting the price 691 00:32:54,920 --> 00:32:56,920 of Hardcoin. That's just going to keep 692 00:32:56,920 --> 00:32:59,400 happening. Like the, the higher it goes. 693 00:33:00,000 --> 00:33:03,280 And it's just so it's just such an easy like engagement farm 694 00:33:03,280 --> 00:33:06,080 joke to make. And they're all in on it. 695 00:33:06,600 --> 00:33:09,680 And I mean, now it's at $560 million. 696 00:33:09,680 --> 00:33:14,040 It was, it was at 203 days ago, 400 like four days ago. 697 00:33:14,480 --> 00:33:16,520 It's 3X off the bottom more than that. 698 00:33:17,200 --> 00:33:18,880 That's when it started going viral, I felt like. 699 00:33:19,240 --> 00:33:22,520 Yeah. Comfy and goat so I. 700 00:33:24,280 --> 00:33:25,920 Think the the big thing happening. 701 00:33:25,920 --> 00:33:29,160 So AI16Z is now over 900 million. 702 00:33:29,200 --> 00:33:33,040 So like we're seeing, we're seeing like the utility and 703 00:33:33,040 --> 00:33:35,200 infra place actually. And then if you're up to, I 704 00:33:35,200 --> 00:33:39,480 listen to direct radio with the the bank list AI lead. 705 00:33:39,480 --> 00:33:40,840 Team was pretty. Good. 706 00:33:40,840 --> 00:33:43,360 And like the liquid funds are, are it's obvious they are 707 00:33:43,360 --> 00:33:46,040 focused more on the infra and utility place. 708 00:33:46,720 --> 00:33:48,800 And I think it's a little bit easier to write underwrite, 709 00:33:48,800 --> 00:33:50,080 right. It's probably a little bit 710 00:33:50,080 --> 00:33:52,480 easier of a pitch. So I think those are all 711 00:33:52,480 --> 00:33:55,040 levelling up and it still doesn't make sense to me that 712 00:33:55,040 --> 00:33:58,080 virtuals has worked 2 XAI, 16 Z. So I think that's an obvious 713 00:33:58,080 --> 00:33:59,560 catch up trade. Virtuals is. 714 00:33:59,560 --> 00:34:01,880 I don't get like no one's even using it anymore. 715 00:34:02,120 --> 00:34:04,320 Because AUI is impossible to fucking read. 716 00:34:05,320 --> 00:34:07,360 Like no, you get to. See it from the June, right? 717 00:34:07,360 --> 00:34:09,920 It's like I I don't understand why that coin keeps on hitting 718 00:34:09,920 --> 00:34:12,080 all time highs versus what's been going on there. 719 00:34:12,400 --> 00:34:15,840 Maybe Coinbase rumors. I don't know like there's also 720 00:34:15,840 --> 00:34:19,880 that like it's a base product, it's a protocol. 721 00:34:20,040 --> 00:34:21,320 So maybe it's not really doesn't. 722 00:34:21,320 --> 00:34:23,320 I don't know. I I don't know, I don't know. 723 00:34:23,679 --> 00:34:26,440 But whoever's out there, if you're making money on four 724 00:34:26,440 --> 00:34:29,360 coin, just rotate the goat. Give me a little. 725 00:34:29,679 --> 00:34:33,920 Give me a buzz. No just to goat buy goat please 726 00:34:33,920 --> 00:34:38,000 I just right so we the only one that buy goat right? 727 00:34:38,440 --> 00:34:42,480 Dude it's actually crazy that four coin is goat beta and it's 728 00:34:43,520 --> 00:34:45,760 flipping goat. Is that like one of the first 729 00:34:45,760 --> 00:34:47,920 instances where like the beta flips the alpha? 730 00:34:48,520 --> 00:34:50,719 But it's not. It's not beta, though It may 731 00:34:50,719 --> 00:34:52,520 have started as beta, but it's not beta. 732 00:34:52,560 --> 00:34:54,600 Four coin is alpha. I don't think people know. 733 00:34:55,440 --> 00:34:58,240 I I think the people buying four coin right now, I'm not aware 734 00:34:58,240 --> 00:35:01,560 that it's it's an AI coin. That makes sense. 735 00:35:01,920 --> 00:35:04,520 Though but it's. If you see from stop twits, 736 00:35:04,520 --> 00:35:05,760 you're not going like, Oh yeah, this is. 737 00:35:06,240 --> 00:35:10,000 It's not, Yeah, yeah, meme coin. It's a meme coin, right? 738 00:35:10,000 --> 00:35:13,120 It's a meme coin, hard coin. It's not tied to any LLM Super 739 00:35:13,120 --> 00:35:15,600 agent, and it's not tied to any of the grift, which is why I 740 00:35:15,600 --> 00:35:17,560 love it so much. So what's your take on the whole 741 00:35:17,560 --> 00:35:21,680 AM meta? Dude, so I actually, I have two 742 00:35:21,680 --> 00:35:24,800 friends of mine. One of them is like MIT 10X 743 00:35:24,800 --> 00:35:28,680 engineer, like literally working at AI startup in SF right now 744 00:35:28,680 --> 00:35:31,960 where they're like fixing CAD CAD is like the 3D modeling 745 00:35:31,960 --> 00:35:34,440 software for like industrial use cases, etcetera. 746 00:35:35,200 --> 00:35:40,920 And I sent them both to Ribro and virtuals and and AI 16. 747 00:35:40,920 --> 00:35:44,240 He's like, this is all fucking redacted was his take on it. 748 00:35:44,640 --> 00:35:47,800 He's like none of this is like proprietary at all. 749 00:35:47,800 --> 00:35:52,080 It's all just GPT wrappers. So I do think like my my this is 750 00:35:52,080 --> 00:35:55,760 my mid curve take two because I did I didn't necessarily fade 751 00:35:55,760 --> 00:35:57,640 everything. I just was been been busy with 752 00:35:57,640 --> 00:36:01,000 like work and then I could I didn't buy far coin at 1 mill 753 00:36:01,240 --> 00:36:04,680 faded virtuals at like 8 cents. Wow, Zeribro. 754 00:36:04,720 --> 00:36:06,440 I actually like been listening to the album. 755 00:36:06,440 --> 00:36:08,920 I actually think Zeribro was like pretty cool, but faded that 756 00:36:08,960 --> 00:36:14,440 to that like, yeah, but I don't know if like the Asian framework 757 00:36:14,440 --> 00:36:16,920 stuff that like from my understanding, and I have to be 758 00:36:16,920 --> 00:36:18,840 honest, I haven't looked that much into it, but it's like 759 00:36:18,920 --> 00:36:23,200 there's Wise or Pyz or whatever it is like the framework that 760 00:36:23,200 --> 00:36:26,120 Zaribro's putting out. There's like the ELISA framework 761 00:36:26,120 --> 00:36:29,240 that AI 16 ZS put out and then whatever the virtual one is. 762 00:36:29,560 --> 00:36:33,080 To me, it feels like these the market is pricing these things 763 00:36:33,080 --> 00:36:36,480 because they think they're going to be like infrastructure for 764 00:36:36,680 --> 00:36:39,320 for tokens, but like none of these people are using custom 765 00:36:39,320 --> 00:36:43,360 LLMS or maybe they do let you use custom LLMS and you're 766 00:36:43,360 --> 00:36:47,960 paying for data storage or whatever is the cost that they 767 00:36:47,960 --> 00:36:50,800 mentioned to me. But I do think AI agents are the 768 00:36:50,800 --> 00:36:52,720 future. I just don't know if this first 769 00:36:52,720 --> 00:36:54,840 iteration of stuff is what the future looks like. 770 00:36:55,200 --> 00:36:59,000 Eventually I think you're going to see some guys that go like, 771 00:36:59,400 --> 00:37:03,040 oh, holy shit, I can go like build an AI framework, building 772 00:37:03,040 --> 00:37:06,120 the public, have good token distribution, not be a scumbag 773 00:37:06,120 --> 00:37:09,320 and like get a liquid instrument listed and like be worth a lot 774 00:37:09,320 --> 00:37:13,400 of money. I think like the AI agents play 775 00:37:13,400 --> 00:37:15,240 except like virtuals. I think what I will say about 776 00:37:15,240 --> 00:37:18,720 them is they have an interesting live rule with their token, like 777 00:37:18,720 --> 00:37:21,720 where the token is like used to mint a bunch and it burns a 778 00:37:21,720 --> 00:37:23,560 bunch and there's like a lot of revenue that they're building 779 00:37:23,560 --> 00:37:25,640 like throughout the token. So I do think that's cool. 780 00:37:26,040 --> 00:37:29,400 But like Truth Terminal is interesting because it's made, I 781 00:37:29,400 --> 00:37:32,040 saw Mando's tweet today, it's made like $34 million in two 782 00:37:32,040 --> 00:37:34,400 years. You know, I, I remember like 783 00:37:34,600 --> 00:37:36,320 month 2, excuse me, two months. My bad. 784 00:37:36,320 --> 00:37:39,760 Two months feels like two years. 100%. 785 00:37:40,400 --> 00:37:43,960 The, I think Sam Altman or someone, one of these AI guys 786 00:37:43,960 --> 00:37:46,480 was like, I wouldn't be surprised if you started seeing 787 00:37:46,520 --> 00:37:48,040 AI agents become like millionaires. 788 00:37:48,040 --> 00:37:50,880 And, and as far as I know, the first AI agent that became a 789 00:37:50,880 --> 00:37:53,600 millionaire is Truth Terminal, right? 790 00:37:53,600 --> 00:37:57,280 So you're seeing all these like thesis is that the AI think boys 791 00:37:57,280 --> 00:37:59,360 have like only really play out in crypto. 792 00:37:59,720 --> 00:38:04,200 And I think the the great AI bull run is going to be when you 793 00:38:04,200 --> 00:38:06,240 have all the AI guys. Dude, there there was this 794 00:38:06,240 --> 00:38:10,920 fucking thing that came out from when the Elon Musk and like Sam 795 00:38:10,920 --> 00:38:14,280 Altman lawsuit thing that's going on right now where open 796 00:38:14,280 --> 00:38:17,760 AI, open AI wanted to do an ICO. Yeah, right. 797 00:38:17,760 --> 00:38:21,680 So I do think like if open AI and Sam Altman like shift the 798 00:38:21,680 --> 00:38:25,120 Overton window on crypto no longer being a scam and crypto 799 00:38:25,240 --> 00:38:27,600 AI becomes a thing, you get all these giga brains to come in, 800 00:38:27,840 --> 00:38:31,320 you'll see stuff that is going to be way sicker than AI16Z and 801 00:38:31,320 --> 00:38:34,760 virtuals and all that stuff. But I do think the AI stuff is 802 00:38:34,760 --> 00:38:38,320 worth paying attention to. I also do think just a caveat, 803 00:38:38,320 --> 00:38:40,440 my friend that I was mentioning is like, those guys are like 804 00:38:40,680 --> 00:38:43,080 really smart, but they're notorious midwits when it comes 805 00:38:43,080 --> 00:38:45,280 to making money, right? So you got to take a little bit 806 00:38:45,280 --> 00:38:48,640 of that with the grain of salt. So bullish on it overall. 807 00:38:48,640 --> 00:38:51,280 And and we're about to start doing some, some AI agent stuff 808 00:38:51,280 --> 00:38:54,440 down the line too, but it's going to take take some time. 809 00:38:55,200 --> 00:38:57,840 I love that. I mean, you know Elon kind of 810 00:38:57,840 --> 00:38:59,760 stole your company name with Xai. 811 00:39:00,520 --> 00:39:04,600 Pretty sure you had Zai first. I'm just saying don't, don't ban 812 00:39:04,760 --> 00:39:07,480 us, you know, but just just saying, you know, you can't 813 00:39:07,480 --> 00:39:10,840 spell Zai without AI, you know, it's. 814 00:39:11,440 --> 00:39:13,320 True. So he raises a good point and 815 00:39:13,320 --> 00:39:14,920 frog that's kind of like I admitted this and we were 816 00:39:14,920 --> 00:39:16,680 talking about making 12 month bets. 817 00:39:16,920 --> 00:39:18,840 Yes. It's hard to make a 12 month bet 818 00:39:18,840 --> 00:39:21,760 in this current AI sector just because the reasons, he said. 819 00:39:21,760 --> 00:39:24,720 Because bigger players could come in and just, you know, 820 00:39:24,760 --> 00:39:27,000 shove everyone down. That's actually the bull case 821 00:39:27,000 --> 00:39:30,000 for GOAT, right? Is that that goats? 822 00:39:30,520 --> 00:39:32,200 That's that's kind of my thesis of it all. 823 00:39:32,200 --> 00:39:35,200 Like you saw Google yesterday released their whole Google 824 00:39:35,200 --> 00:39:37,920 released their whole AI agent framework yesterday. 825 00:39:37,920 --> 00:39:39,240 I don't know if you saw this. Wow, that's. 826 00:39:39,720 --> 00:39:42,760 You. The Google stock at all time 827 00:39:42,760 --> 00:39:44,920 highs yesterday because they announced like 10 different 828 00:39:44,920 --> 00:39:47,040 agents always can do stuff on chain. 829 00:39:47,320 --> 00:39:49,760 If you if we think that the current guys, which are kind of 830 00:39:49,760 --> 00:39:56,080 niche off, I know like you're going to see huge people come 831 00:39:56,080 --> 00:39:57,640 into this space is basically what I'm trying to say. 832 00:39:57,880 --> 00:39:59,640 CZ just made another tweet about AI just now. 833 00:39:59,640 --> 00:40:01,920 Which? Have prop tech, not open source 834 00:40:01,920 --> 00:40:04,920 tech and they're going to come and get involved in crypto. 835 00:40:04,920 --> 00:40:08,640 Like I think this is where I agree with what Sobie's saying 836 00:40:08,640 --> 00:40:13,040 is like the the infra argument, like let me just put it this 837 00:40:13,040 --> 00:40:14,480 way. I would be shocked if in a 838 00:40:14,480 --> 00:40:18,680 year's time, the things that we consider the infra right now are 839 00:40:18,680 --> 00:40:21,040 still the infra then I think Eliza. 840 00:40:21,680 --> 00:40:25,640 Because it's been forked and it's unbelievably popular, but I 841 00:40:25,640 --> 00:40:29,160 very much doubt that a lot of the other stuff will be used 842 00:40:29,160 --> 00:40:32,760 infra for AI agents. That's, that's just kind of my 843 00:40:32,760 --> 00:40:34,120 view. I just think we're going to have 844 00:40:34,120 --> 00:40:36,720 like even yesterday we have we even the last week we've had 845 00:40:36,720 --> 00:40:40,920 Griffane came out yesterday Ark came out, which is like another 846 00:40:40,920 --> 00:40:44,840 one, which was like you're going to have very well funded teams 847 00:40:44,840 --> 00:40:47,800 here with more with their own tech come in. 848 00:40:48,080 --> 00:40:50,160 I think we're in the two loads and I also think the exchange 849 00:40:50,160 --> 00:40:51,680 still getting on the ACT too like. 850 00:40:53,160 --> 00:40:55,840 Oh, dude, that's a really good point is like even for us, like 851 00:40:56,200 --> 00:40:58,440 I've spent so much time and effort doing all this fucking 852 00:40:58,440 --> 00:41:02,680 abstraction shit for, for Zai, for like the games and over 853 00:41:02,680 --> 00:41:05,680 time, like imagine if you could go on an exchange. 854 00:41:05,720 --> 00:41:09,120 And like, I think like for for Coinbase, for instance, Coinbase 855 00:41:09,120 --> 00:41:11,240 right now is trying to get as many users of theirs as they can 856 00:41:11,240 --> 00:41:13,440 on base. Or if they just created a prompt 857 00:41:13,480 --> 00:41:18,120 to text transaction framework right where like, hey, buy me 858 00:41:18,120 --> 00:41:20,320 whatever, buy me fucking well, I don't know what the hell is on 859 00:41:20,320 --> 00:41:21,800 base. Buy me some virtuals or buy me 860 00:41:21,800 --> 00:41:23,520 whatever. And you don't have to ever leave 861 00:41:23,520 --> 00:41:26,040 the Coinbase website. Like there's another group that 862 00:41:26,040 --> 00:41:30,640 I know really, really smart founder like built was founding 863 00:41:30,640 --> 00:41:34,280 CTO of $150 billion company in Web 2 that they're building 864 00:41:34,280 --> 00:41:38,960 custom LLMS, partnering with NVIDIA, like custom LLMS from 865 00:41:38,960 --> 00:41:40,440 the round up just to build for crypto. 866 00:41:40,920 --> 00:41:43,520 And we're, we're trying to work with them, but they, they are, 867 00:41:43,920 --> 00:41:46,120 you know, people like you're, I'll introduce you to them too. 868 00:41:46,200 --> 00:41:48,920 But like those guys I think are going to absolutely cook. 869 00:41:48,920 --> 00:41:53,240 Like the amount of really hyper intelligent people that are 870 00:41:53,240 --> 00:41:55,880 building this stuff is like Mando said, it's only going to 871 00:41:55,880 --> 00:41:58,320 increase. The smartest people in the world 872 00:41:58,320 --> 00:42:01,320 are building this and we, I feel like we're throwing our money on 873 00:42:01,320 --> 00:42:04,200 the first people who did it in crypto and there is novelty to 874 00:42:04,200 --> 00:42:05,720 being the 1st. But I don't think they're going 875 00:42:05,720 --> 00:42:08,840 to be the best teams over time, particularly as you said, 876 00:42:08,840 --> 00:42:11,760 they're just rappers of other people's models at this stage, 877 00:42:12,160 --> 00:42:13,360 right? When the people actually come in 878 00:42:13,360 --> 00:42:16,120 with their own model, their own foundational model, is when 879 00:42:16,120 --> 00:42:18,400 things can really be like, all right, this person's got them. 880 00:42:18,800 --> 00:42:21,280 I mean, read that thing I just put in the chat on TechCrunch, 881 00:42:21,280 --> 00:42:23,680 right? Google unveiled Wednesday a 882 00:42:23,680 --> 00:42:26,080 first ever AI agent that can take actions on the web, a 883 00:42:26,520 --> 00:42:28,640 research, research prototype from the company DeepMind 884 00:42:28,640 --> 00:42:33,760 division called Project Mariner. Like they did a whole, they did 885 00:42:33,760 --> 00:42:36,560 a whole presentation about it all yesterday. 886 00:42:37,000 --> 00:42:38,960 Like. All the major tech companies 887 00:42:38,960 --> 00:42:43,000 funded with billions trillion dollar market caps are now going 888 00:42:43,000 --> 00:42:44,400 to come in and create their own agents. 889 00:42:46,640 --> 00:42:47,920 I don't know if we're going to be using. 890 00:42:48,840 --> 00:42:51,360 I don't want to cheat on any names, but like, yeah, I just 891 00:42:51,360 --> 00:42:53,560 think that we're about to see like unbelievable levels of 892 00:42:53,560 --> 00:42:54,440 competition to this. Yeah. 893 00:42:54,800 --> 00:42:58,640 Like AI random AI agent, reply guy, random AI agent that does 894 00:42:58,640 --> 00:43:00,600 podcasts, whether we're like, oh, that's just it's going to be 895 00:43:00,600 --> 00:43:02,920 so hard to stand out. I think we're imagine if you 896 00:43:02,920 --> 00:43:06,400 have like a, a Moat of some kind, perhaps like the data. 897 00:43:06,400 --> 00:43:10,480 So like AIXPT, as I understand it has been building this crypto 898 00:43:10,480 --> 00:43:13,400 data repository and that's what it runs off of, right. 899 00:43:13,400 --> 00:43:16,920 So like if it does have a very strong repository for that, like 900 00:43:16,920 --> 00:43:19,840 I don't know how difficult it is to to to remake all that and and 901 00:43:19,840 --> 00:43:21,360 I'm not. Data store. 902 00:43:21,360 --> 00:43:23,960 From my understanding, like the big one of the the two biggest 903 00:43:23,960 --> 00:43:27,680 costs for these models are the actual compute costs for like 904 00:43:27,680 --> 00:43:30,280 running like the the LLM and all the tokens for it. 905 00:43:30,520 --> 00:43:33,360 But then the data storage is where the other cost gets 906 00:43:33,360 --> 00:43:37,040 really, really big. And so the Mando's point, like 907 00:43:37,040 --> 00:43:40,400 the best, the best it's possible at the best AI agent frameworks 908 00:43:40,400 --> 00:43:46,160 have such a high cost of capital to I guess to maintain or run 909 00:43:46,440 --> 00:43:49,200 that unless you've already invested in a like, dude, Google 910 00:43:49,200 --> 00:43:50,760 has fucking more money than God, right? 911 00:43:50,760 --> 00:43:54,160 They've invested so much money and to like these data centers 912 00:43:54,160 --> 00:43:59,320 and stuff like it might be, it might be a thing where like you 913 00:43:59,320 --> 00:44:02,000 need to like really well capitalized people to actually 914 00:44:02,000 --> 00:44:03,520 run this stuff. Because right now we're still in 915 00:44:03,520 --> 00:44:05,880 like the first inning, right? Like I think you mentioned 916 00:44:05,880 --> 00:44:07,880 earlier, Tyler, it's only worth like 10 billion. 917 00:44:08,160 --> 00:44:11,560 Like AI and crypto should be like one of the biggest 918 00:44:11,560 --> 00:44:13,880 categories. It should be like a 500 billion 919 00:44:14,160 --> 00:44:16,040 plus category in my opinion. Agree. 920 00:44:17,280 --> 00:44:19,920 No, I I agree with that. Listen not to cut this 921 00:44:19,920 --> 00:44:22,760 conversation short because it's great, but I definitely want to 922 00:44:22,760 --> 00:44:24,720 get into what you're up to. So be here. 923 00:44:24,720 --> 00:44:27,560 But first I want to play this video that you guys posted 924 00:44:27,560 --> 00:44:30,400 because it's really freaking good and I love it. 925 00:44:31,320 --> 00:44:33,400 Houston, are we? Are those affirmative? 926 00:44:33,480 --> 00:44:36,760 We are clear systems are stable. Hard to believe how far we've 927 00:44:36,760 --> 00:44:38,640 come. Time to enter the new frontier. 928 00:44:38,720 --> 00:44:47,080 Godspeed. Friday, December 13th 0.0143 929 00:44:49,120 --> 00:44:50,120 Houston are you? Seeing what I'm. 930 00:44:52,560 --> 00:44:56,600 Seeing dude, this is fire. So Sobie, what have you been up 931 00:44:56,600 --> 00:45:00,520 to dude, because Zai games is absolutely crushing it. 932 00:45:00,680 --> 00:45:03,480 I mean when it comes to like gaming sector of this industry, 933 00:45:04,080 --> 00:45:07,400 you're in total control here. So what's up with the sentry 934 00:45:07,400 --> 00:45:09,600 note sentry keys, everything all going on? 935 00:45:09,600 --> 00:45:12,000 Tell us more, baby. Yeah. 936 00:45:12,000 --> 00:45:16,120 So obviously we kind of we created like a new primitive to 937 00:45:16,120 --> 00:45:18,720 boot shop some of these roll up networks with like the nodes and 938 00:45:18,720 --> 00:45:22,200 that went really well for us earlier in the year and earlier 939 00:45:22,200 --> 00:45:24,280 last year thing around our puzzle actually. 940 00:45:24,280 --> 00:45:29,080 So one thing that we noticed is because our old business thing 941 00:45:29,080 --> 00:45:30,800 is we have an interesting framework, right? 942 00:45:30,800 --> 00:45:34,960 Like our interesting flywheel. Our flywheel is this is like you 943 00:45:34,960 --> 00:45:39,760 buy a node, we take the, the node and we the revenue from the 944 00:45:39,760 --> 00:45:41,640 node we buy. We, we sign games. 945 00:45:41,640 --> 00:45:45,320 When we sign a game, we get a Rev share and we get like tokens 946 00:45:45,320 --> 00:45:48,720 for airdrops for our community, which goes to the node holders. 947 00:45:48,720 --> 00:45:51,320 And then we'll eventually be using the, the Rev shares as 948 00:45:51,320 --> 00:45:53,760 well to go and buy back some of the token. 949 00:45:54,200 --> 00:45:57,720 Now what the issue became, just to be transparent, is like we do 950 00:45:57,720 --> 00:46:00,200 have a solid amount of node holders all over the world. 951 00:46:00,240 --> 00:46:02,320 They've spent a lot of money on them, but there's only several 952 00:46:02,320 --> 00:46:05,760 thousands of them, right? That's not enough to actually 953 00:46:05,760 --> 00:46:07,880 make this why it will happen. And now like nodes are going for 954 00:46:07,880 --> 00:46:10,760 like a few 1000 bucks. That actually limits the 955 00:46:11,000 --> 00:46:14,560 distribution cycle a little bit. So what we decided to do is 956 00:46:14,880 --> 00:46:16,600 almost like fractionalize the keys. 957 00:46:16,840 --> 00:46:19,520 So now you can go buy a key for like 50 or 60 bucks, whatever 958 00:46:19,520 --> 00:46:22,040 the I think it's like $56. What the mouth comes down to, 959 00:46:22,480 --> 00:46:25,320 which is about how much a gamer spends on a new game. 960 00:46:25,320 --> 00:46:28,920 Anyway, what you'll get, I think right now the APY per key is 961 00:46:28,920 --> 00:46:31,920 like 80 or 90%. Don't quote me on that, it could 962 00:46:31,920 --> 00:46:33,880 be wrong. Just disclaimers on all that. 963 00:46:35,400 --> 00:46:37,000 That's just from the Zai rewards. 964 00:46:37,240 --> 00:46:39,160 In addition to that, you're going to get air drops. 965 00:46:39,160 --> 00:46:42,560 And then we're also working on a new meta that I think is going 966 00:46:42,560 --> 00:46:45,480 to be interesting of like notify with the meta St. guys. 967 00:46:45,880 --> 00:46:48,720 So this way you can you can sell future yield like you can Pendle 968 00:46:48,720 --> 00:46:50,360 your notes. You can like sell future yields, 969 00:46:50,360 --> 00:46:53,080 sell future air drops, borrow against, etcetera. 970 00:46:53,480 --> 00:46:56,480 And the way to think about it is like an air drop battle pass, 971 00:46:56,480 --> 00:46:57,760 right? Like it's a battle pass that's 972 00:46:57,760 --> 00:47:02,520 going to pay you to play games, but it solves 2 problems for 973 00:47:02,520 --> 00:47:03,920 everyone. So one problem that it solves 974 00:47:03,920 --> 00:47:06,680 for us is the distribution side of like now more people can 975 00:47:06,920 --> 00:47:09,880 participate in this flywheel and we can kind of correct. 976 00:47:09,880 --> 00:47:13,760 I'd say a mistake that we made in terms of, you know, right 977 00:47:13,760 --> 00:47:15,720 now, like before fractionalization of the keys, 978 00:47:15,720 --> 00:47:19,400 like a key cost like 5 grand. Do you like a gamer's not going 979 00:47:19,400 --> 00:47:21,720 to pay that right? So we're, we're fixing that 980 00:47:21,720 --> 00:47:23,600 aspect of it. And then in addition to that, 981 00:47:23,920 --> 00:47:27,360 the biggest problem for games right now is getting tokens in 982 00:47:27,360 --> 00:47:30,960 the right people's hands, right? And if people are running, you 983 00:47:30,960 --> 00:47:34,760 know, people are holding keys and they're playing these games 984 00:47:34,760 --> 00:47:37,960 and they're high quality users and earning these points. 985 00:47:37,960 --> 00:47:40,400 Like it makes it easier for a game to go like, OK, you should 986 00:47:40,400 --> 00:47:43,040 get a sizable AirDrop for what you're doing, right? 987 00:47:43,040 --> 00:47:46,240 And so now we can start building this distribution gut like 988 00:47:46,360 --> 00:47:49,200 weapon basically, where you can just point it at any game and 989 00:47:49,200 --> 00:47:51,200 increase the success. And even without this engine 990 00:47:51,200 --> 00:47:54,200 being fully running, like Rift Storm, one of our flagship games 991 00:47:54,200 --> 00:47:56,560 is trending number one on Steam when they did their play test, 992 00:47:56,800 --> 00:47:59,480 which is like pretty hard to do, you know what I mean? 993 00:47:59,600 --> 00:48:03,120 And right now Valeria just went live with their played AirDrop 994 00:48:03,120 --> 00:48:04,400 campaign. They're doing a two and a half 995 00:48:04,400 --> 00:48:07,520 million dollar AirDrop. And then we have like Plan X 996 00:48:07,520 --> 00:48:10,880 going live and we have a few other games that I'll tell you 997 00:48:10,880 --> 00:48:13,040 on from private that we're about to close that are pretty big 998 00:48:13,040 --> 00:48:15,280 games that people are are stoked about. 999 00:48:15,280 --> 00:48:18,680 And again, we also were the co-authors on like the $250 1000 00:48:18,680 --> 00:48:22,800 million GCP arbitrary gaming fund and we're going to start 1001 00:48:22,800 --> 00:48:24,480 allocating some of that stuff there too. 1002 00:48:24,480 --> 00:48:26,840 And some other exciting stuff we're working on. 1003 00:48:26,880 --> 00:48:31,000 But dude, I think crypto gaming is going to be one of the 1004 00:48:31,080 --> 00:48:34,680 biggest kind of contrarian bets. I think it's going to come back 1005 00:48:34,680 --> 00:48:36,600 pretty strong because you have so many strong products and 1006 00:48:36,600 --> 00:48:39,320 teams that are launching. And what I alluded to earlier in 1007 00:48:39,320 --> 00:48:44,640 the in, in the, you know, spaces or whatever was the regulatory 1008 00:48:44,640 --> 00:48:48,000 uncertainty stuff is going to actually allow us to go 1009 00:48:48,000 --> 00:48:51,280 evangelize some of the best game talent in the world and actually 1010 00:48:51,280 --> 00:48:53,400 have them come build games in crypto because now they don't 1011 00:48:53,400 --> 00:48:57,160 have to worry about fucking going to jail for the SEC and 1012 00:48:57,160 --> 00:48:59,200 stuff. And that I think is, is a major 1013 00:48:59,200 --> 00:49:00,840 value in lock. And, you know, just 1014 00:49:00,840 --> 00:49:03,480 historically, consistently, like Zai, we've always kind of 1015 00:49:03,480 --> 00:49:04,840 punched above our weight class, right? 1016 00:49:04,840 --> 00:49:08,160 Like you only ever raised like 7 million or 8,000,000 bucks total 1017 00:49:08,160 --> 00:49:12,360 in venture funding finance day, $145,000,000 note sale, huge 1018 00:49:12,360 --> 00:49:15,400 AirDrop to our community, over $290,000,000 in rewards 1019 00:49:15,680 --> 00:49:17,520 distributed to the community so far. 1020 00:49:17,960 --> 00:49:20,920 And yeah, we just want to keep, keep doing that, keep 1021 00:49:20,920 --> 00:49:23,520 performing. You know, we had, we had, we had 1022 00:49:23,520 --> 00:49:26,000 an accelerated vesting schedule that front loaded a lot of 1023 00:49:26,000 --> 00:49:27,400 stuff. I think our last big unlock is 1024 00:49:27,400 --> 00:49:29,680 this month or next month. So everything's just going 1025 00:49:29,680 --> 00:49:32,120 really well. And the keys go live tomorrow 1026 00:49:32,120 --> 00:49:35,200 around 6:00 PM, You know, 60 bucks. 1027 00:49:35,840 --> 00:49:38,240 I there's, you know, if if someone's interested, reach out 1028 00:49:38,240 --> 00:49:40,240 to me, I can get you a referral code, stuff like that. 1029 00:49:40,240 --> 00:49:43,320 But yeah, I think what we're building is, is one of the best 1030 00:49:43,320 --> 00:49:45,920 flywheels in crypto and it's going to cook. 1031 00:49:48,080 --> 00:49:51,360 I love that. So it's going sentry SENTRY, the 1032 00:49:51,360 --> 00:49:56,600 Zai XAI dot dot games. So this is super exciting. 1033 00:49:56,600 --> 00:49:57,880 Wow. So if someone wants to get 1034 00:49:57,880 --> 00:50:00,760 involved with Zai, it's that's like pretty much the easiest 1035 00:50:00,760 --> 00:50:03,800 way, right? Yeah, there's. 1036 00:50:04,320 --> 00:50:05,560 A lot of new people in the space. 1037 00:50:05,560 --> 00:50:08,680 So it's like it's, it's pretty much the easiest place to come 1038 00:50:08,680 --> 00:50:10,840 and like support what you guys are doing. 1039 00:50:10,840 --> 00:50:12,160 What, what else is up for with you? 1040 00:50:12,160 --> 00:50:13,920 Like what's the the thing you're most excited about for next 1041 00:50:13,920 --> 00:50:16,320 year? Dude, the stuff I'm most excited 1042 00:50:16,320 --> 00:50:18,600 about I can't even really talk about, but I what I am really 1043 00:50:18,600 --> 00:50:22,600 excited about is just getting really awesome games on our 1044 00:50:22,600 --> 00:50:24,520 chain. Like we've done a really good 1045 00:50:24,520 --> 00:50:28,840 job so far building a good reputation between our games and 1046 00:50:28,840 --> 00:50:31,400 and stuff. And I think like for me, the 1047 00:50:31,400 --> 00:50:34,240 biggest thing is like, if I wanted to make a bunch of money, 1048 00:50:34,240 --> 00:50:35,440 I honestly wouldn't be doing this. 1049 00:50:35,440 --> 00:50:40,560 Like it's just so fun to be able to play games, sign games, help 1050 00:50:40,560 --> 00:50:42,520 games be successful. And it's like games are just 1051 00:50:42,520 --> 00:50:44,920 such a thing that were like so near and dear to me for most of 1052 00:50:44,920 --> 00:50:48,120 my life. And I don't know, I think the 1053 00:50:48,120 --> 00:50:50,280 opportunity here, the way that I viewed it is like we're going to 1054 00:50:50,280 --> 00:50:52,400 build a gaming empire over the next few years, right? 1055 00:50:52,400 --> 00:50:54,240 Like we're very well capitalized. 1056 00:50:54,240 --> 00:50:57,640 We're very well positioned to do that and having the opportunity 1057 00:50:57,640 --> 00:51:00,760 to go and build awesome indie games and sign awesome indie 1058 00:51:00,760 --> 00:51:03,520 games and, and show people with the magic of crypto like that's, 1059 00:51:04,040 --> 00:51:05,360 you know, it's a dream come true. 1060 00:51:05,360 --> 00:51:07,800 And some of the stuff like, I guess like the thing that I'm 1061 00:51:07,800 --> 00:51:10,040 going to be most excited about it is like when we really figure 1062 00:51:10,040 --> 00:51:13,760 out, when we figure out how to like thread the needle, if you 1063 00:51:13,760 --> 00:51:16,200 will, with some of these AI agents and stuff, because I 1064 00:51:16,200 --> 00:51:18,720 think AI agents and games are going to be really interesting. 1065 00:51:18,960 --> 00:51:23,800 One use case that I've seen from the ARC guys, which is is when's 1066 00:51:23,800 --> 00:51:28,160 the AI arena, like the AIAI agents has player liquidity. 1067 00:51:28,160 --> 00:51:31,520 So what that means is, you know, like for for instance, when you 1068 00:51:31,520 --> 00:51:33,480 were playing like Fortnite during the bear market, like I 1069 00:51:33,480 --> 00:51:35,320 remember you'd always message our group chat like, hey, does 1070 00:51:35,320 --> 00:51:37,720 anyone get on? Yeah, Fortnite is like the 1071 00:51:37,720 --> 00:51:40,280 biggest game in the world. It and it even then sometimes 1072 00:51:40,280 --> 00:51:41,560 it'll take a little bit to queue. 1073 00:51:41,800 --> 00:51:43,200 You know what I mean? It's the biggest game in the 1074 00:51:43,200 --> 00:51:44,960 world. Now imagine if you're some 1075 00:51:44,960 --> 00:51:48,000 random game that's just starting or launching and people won't 1076 00:51:48,000 --> 00:51:50,280 play your game because it's a multiplayer game and it takes 1077 00:51:50,280 --> 00:51:53,720 five ever forever to get like your Q field. 1078 00:51:53,720 --> 00:51:56,720 But what if you could play with AI agents that were of equal 1079 00:51:56,720 --> 00:51:58,800 skill, right? And you could and they could. 1080 00:51:58,920 --> 00:52:02,240 These AI agents were also trained on the things that you 1081 00:52:02,240 --> 00:52:03,880 were like, like, what if you were fucking talk? 1082 00:52:03,880 --> 00:52:04,960 You're playing with the AI agent. 1083 00:52:04,960 --> 00:52:06,600 You don't even know it's an AI agent that's talking to you 1084 00:52:06,600 --> 00:52:08,720 about the Habs game. You know what I mean? 1085 00:52:09,440 --> 00:52:11,720 And you're like, oh, damn, this guy's like actually pretty cool. 1086 00:52:11,720 --> 00:52:14,440 I like playing with this guy. And that I think is like a 1087 00:52:14,440 --> 00:52:17,960 really under discussed aspect of it is AI agents in games. 1088 00:52:17,960 --> 00:52:20,600 And what that means is like, it's so hard for games to get 1089 00:52:20,600 --> 00:52:24,200 like escape velocity of having enough players, but what if you 1090 00:52:24,200 --> 00:52:25,600 could solve for that problem, right? 1091 00:52:25,600 --> 00:52:27,760 Where you could solve for that user experience, that player 1092 00:52:27,760 --> 00:52:30,160 liquidity side. So that's just one use case that 1093 00:52:30,160 --> 00:52:32,560 I think is pretty interesting. But there's there's tons of 1094 00:52:32,560 --> 00:52:35,840 other other use cases out there. And that's this whole idea of 1095 00:52:35,840 --> 00:52:37,520 like, I think what the metaverse was, right? 1096 00:52:37,520 --> 00:52:39,800 Remember, remember that whole yeah, meme? 1097 00:52:40,600 --> 00:52:43,040 I think we're going to see what people thought the metaverse was 1098 00:52:43,040 --> 00:52:46,760 going to be actualized via AI. Like I think the problem with 1099 00:52:46,760 --> 00:52:49,960 what the metaverse idea was, it was so dependent on UGC and it 1100 00:52:49,960 --> 00:52:52,520 wasn't like ubiquitous. There was so much effort and 1101 00:52:52,520 --> 00:52:56,040 time and stuff that needed to go into this stuff versus and two 1102 00:52:56,040 --> 00:52:58,920 years from now you were like maybe two years is a little as a 1103 00:52:58,920 --> 00:53:00,960 little liberal. But we're eventually going to 1104 00:53:00,960 --> 00:53:03,240 get to a point where you can just type in a fucking prompt. 1105 00:53:03,480 --> 00:53:07,400 You can type in like make Super Mario Brothers, but Mario is a 1106 00:53:07,400 --> 00:53:10,840 epic duck and the whole game will just be fucking generated 1107 00:53:10,840 --> 00:53:13,160 for you in like 10 seconds and you can just play it and then 1108 00:53:13,240 --> 00:53:16,120 that's going to be sick. Yeah, no, I agree. 1109 00:53:16,120 --> 00:53:17,720 I love that. Just reminded me that actually 1110 00:53:17,720 --> 00:53:23,080 haves off a home game tonight. So I haven't been to a hockey 1111 00:53:23,080 --> 00:53:25,520 game in a minute. He just reminded me that maybe I 1112 00:53:25,520 --> 00:53:27,320 should put a cheeky bed on and go check it out. 1113 00:53:27,320 --> 00:53:28,720 All right, well, dude, this is exciting. 1114 00:53:29,240 --> 00:53:33,480 So it's tomorrow century that Zidal games check it out. 1115 00:53:33,480 --> 00:53:36,680 If there's a gaming team you want to bet on, look, obviously 1116 00:53:36,680 --> 00:53:38,600 like, you know, we're we're we're advisors. 1117 00:53:38,600 --> 00:53:41,040 We've all been involved with Sobey for a minute, but there's 1118 00:53:41,040 --> 00:53:43,080 a reason for that. And I think that he's by far one 1119 00:53:43,080 --> 00:53:45,000 of the smartest people I know in my life. 1120 00:53:45,000 --> 00:53:50,960 So check it out 6:00 PM PST right yeah 6:00 PM PST it's at 1121 00:53:50,960 --> 00:53:54,320 2:00 AM in the if you're in the UK Mendo, but you guys will be 1122 00:53:54,320 --> 00:53:58,520 fine and then and then check it out 11:00 AM in Korea so century 1123 00:53:58,600 --> 00:54:01,640 the zydog games come and get involved with arguably one of 1124 00:54:01,640 --> 00:54:05,280 the best founders in gaming anyways it's giveaway time y'all 1125 00:54:05,280 --> 00:54:06,680 it's giving time, so be going to stay. 1126 00:54:06,960 --> 00:54:09,560 You are lucky charm today it's giveaway time sames. 1127 00:54:09,680 --> 00:54:11,880 Let's bring it on the board let's bring on the board. 1128 00:54:11,880 --> 00:54:14,000 What you have to retweet today is an article about myriad. 1129 00:54:14,000 --> 00:54:15,720 So if you're curious about what we're building on the Marriott 1130 00:54:15,720 --> 00:54:19,720 side, it's a nice article just came out and you definitely want 1131 00:54:19,720 --> 00:54:22,760 to check it out because fuck, man, we're so busy. 1132 00:54:22,760 --> 00:54:25,640 Shit, fuck. Anyway, Sims, let's, let's get 1133 00:54:25,640 --> 00:54:26,840 this giveaway going. We have a go to. 1134 00:54:27,160 --> 00:54:28,400 We have a GTM call right now.