Yo-yo, yo-yo, what up? Good morning, Good morning.
GME. Wednesday Jubery, 31st 2024.
Four four. Look at that.
Another beautiful day to have a beautiful day.
Last day of January starting off hot.
Love to see that Jupiter AirDrop just went live about 30 minutes
ago. You absolutely love to see it.
Chaos. Chaos has erupted all over the
timeline. We have a big guest comment on
the show today. Breaking some news and every and
all that good stuff. Big day for art, big day for
Jupiter and the Solana ecosystem.
Things are absolutely crazy. Mando, OSF, good morning.
How you guys doing this morning? Yeah, good.
How you guys doing? Doing great.
Yo, this thing is nuts. The timeline is going crazy
right now. The timeline is going absolutely
insane right now. You'll love to see that.
It's just it's just pure chaos and absolute madness.
This morning in the space. And we're just on the last day
of Jan. We have 11 more months left to
this year. This is starting up, starting up
the races pretty well in 2024. Why?
You absolutely love to see it? So today on the show today,
Today I'm going to speed run through his topics because we
have a big show ahead. We have a big day ahead.
I see some familiar faces in the audience.
I see a lot of friends, I see a lot of homies.
You absolutely love to see that. I see a lot of squiggle PFPS in
the audience that wonder why. So today on the show, today,
today, what do we got? What do we got?
Market report, as usual. Bitcoin, E soul, all that good
stuff, yadda yadda yadda. You know we're going to talk
about Jupiter Air job that just went live at 10:00 AM Eastern
Standard Time, so 30 minutes ago.
Pretty much like to talk with town at the moment.
Solana has not broken. Boom.
Love to see that. So so let's talk.
We'll talk about this stuff quickly and then NFT recap.
ETH sold Bitcoin. And last but not least we will
be joined by the man, the myth, the legend.
If there was a Mount Mount Rushmore of NFTS to be built
right now, he would be on there. That would be carving his
wonderful face on there. Eric Calderon AKA Snow Fro is
going to come on. I don't know if the news is out
yet or not, so I'm not going to front run it, but he's going to
come on and chat with us for the last 15 I think 20 minutes bit
of the show. So excited.
I've obviously seen a bunch of of more the artsy side of of CT
on here. So thank you for tuning in.
It's going to be a great show and as usual at the very end of
the show we will be giving away $1000.
Thanks to our partners at Robit, we've been giving away $1000 a
day, pretty much. So it's five.
Wait, I I wait. I have the thing.
Why am I saying it? It's 5.
There you go. So we've been giving away $1000
a day every single show for 15 days.
I think we give four or five away.
I'm losing count. Today is either 5th or $6000
that we give. And just got the news that since
we didn't set up the spins for today because we couldn't Friday
Mando we're giving away $20,000 worth of loose boxes.
So it's 4 spins, it's 5K pop. So Friday, a lot of winners.
If you're live on the show, it's gonna be good.
I cannot, I cannot wait to see that happening.
But all you have to do to enroll to win is retweet the spaces and
follow Formoire and Robot, which is super simple.
Bottom right, there's a purple box drop AGM, right?
Because you know me, I love my GMs. I like it when you guys say
GM to me and then just retweet the main spaces.
Nothing else. It's, it was posted from my
account. It's at the top right now.
It's pinned there just bottom right corner purple box and
retweet. And if you follow us we'll pick
a winner and you got to be in the space though our goal is
only to give money to people that are live on Twitter spaces
with us. We've been very open about that.
That's all we want to do is, you know reward people participating
with our contest anyways. Anyways, we have a lot to talk
about today. There's a lot going on in the in
the space right now. I see Mando firing off tweets as
as we're on the show. So you know what?
I'm gonna go to you first. Who is?
The main knackle Daddy of the land.
Can you dig it? So I I was just driving for now,
so I am catching up slightly but this we had a little bit of a
wobble overnight. Bitcoin headed down to around 42
1/2 K ETH headed below 2300 at one stage and Solana hit I think
9897 actually at one stage. So definitely a bit of weakness
on a technical level. We obviously just hit like a
lower high for Bitcoin there. So like we kind of went up to
whatever it was 50 and then people were saying oh that's a
lower high and that was the case for a lot of different altcoins.
So people are expecting this maybe to be a bit range bound
for a while now. So it's just something to be
aware of like from a from a like a consolidation period.
This is looking more likely like you might be ranging for a
little bit here. That being said, like it still
feels relatively strong out there in terms of flows.
You saw another 250 million going into the ETF.
I'm sure you're going to see some of the figure again today,
maybe maybe even higher. So bullish on that front, it's a
big day for macro, a bunch of different stuff going on.
Yesterday you had, you had Microsoft and you had you had
Google earnings. Both Microsoft earnings seem
decent like the outlook maybe wasn't incredible and and same
for Google. So, so stocks did sell off
slightly down about a percent yesterday and I think they're
down again today. So slightly weaker the macro
outlook and we have the Fed today.
We spoke about that yesterday, but it's.
FOMC of the year. I mean, I personally think that
that they've got to stop all this rhetoric of like higher for
longer, like inflation is coming down very, very quickly.
So I I personally think we're gonna see a bullish, bullish Fed
today. A lot of that has been priced in
that like stocks been ramming into this for for a while.
But I do think we're gonna see a bullish Fed.
So there's that China still looking like a complete
disaster. I think Chinese stocks hit five
year low again today. They've been announcing huge
stimulus but doesn't seem to be working that well.
They had another weak manufacturing figure.
So like on a global basis, the US continues to kind of out
outperform I would say, although you are seeing like higher
stocks in in Europe as well at the moment.
But the US is definitely the strongest out of the pack right
now. And yeah, for crypto, everyone's
just focused on this Jupiter AirDrop.
So Jupiter came it. It's been bouncing around.
Where is it? Right now it's trading at close
to a dollar. No, it's trading $0.70.
All right, $0.70, so that's 7 billion mark.
I mean that is high. We're already talking about
higher than UNISWAP here. I think it hit 1.2 at one stage
when I was driving back I thought it was.
Crazy. It actually opened at 2 Bucks.
Wow. Yeah.
So I wasn't really around for all of that.
So like so I I I didn't see all the bouncing around but this
thing will this thing will fly and that initial Wick, like we
said, no exchanges really got access to it beforehand so they
all had to buy. So I think some people would
have realised that they were going to get seen off in having
to buy it higher. It's going to, you're going to
see huge, huge volumes, I think a lot.
The claim is ongoing right now. A lot of the front end daps are
down like they're experiencing like quite a heavy load on
things like Jupiter. I think the site was down for a
little bit. You saw Phantom go down
yesterday. Yesterday the the Solana Devnet
was actually down for most of yesterday and there was some
like Oh my God, like what? What the Hell's going to happen
here? There has been some talk about
the fact that they were like prepare, they were like using it
internally. They were preparing for this as
a load, but Solana's been up the whole time.
This is, this has got to be one of the biggest air drops.
It's definitely the biggest air drop in terms of market cap
ever. It's also got to be one of the
biggest in terms of number of people.
Suddenly suddenly using the chain I put out a tweet before
just like looks fine. Still producing blocks, no
issues. I just.
Posted that. Who who did so?
Austin Austin Federa, I just posted that this chart saying
well that was boring and he posted this.
Yeah, yeah, exactly. Yeah.
Of TPS and everything. Let me go to what you shared.
Oh, nice. OK, there you go.
So yeah, I mean there was some FUD going into that people were
pointing to that was why Solana was down, got hurt yesterday.
It's because the Devnet was down, seems to have been past
this with kind of flying colours.
I think that if I'm honest, if you to speak to a lot of people
are still sceptical on Solana. I think the first thing they
would say is you can't trust it. It goes down all the time This
this is they've had two pretty big stresses recently which is
the when token which is a huge air drop for a lot of people and
then you've had now had this Jupiter air drop.
Look, I'm not saying this line will never go down again.
We had easy come on our our rec radio show and said he doesn't
think it's ever going to go down again just the way that it's
been set up now means like they basically basically a number of
different things would have to go wrong in terms of the
validation for it to go to go wrong.
It's a very, very small possibility but it could still
happen. But yeah this is this is
definitely going to make people pay attention.
I think the fact that nothing happened and also the fact that
people were fighting it into it like oh Salon is going to go
down tomorrow seems to have done it.
OK so bounced since that. I think it it was trading at
like I said 9899. It's now it seems to be running
as we speak it's it's kind of just breach 101 and the market
is also rallying so so bitcoins back up above 43 K it is hitting
30/23/20. All coins are rallying but maybe
not as much as as majors right now.
They definitely got hurt yesterday and meme coins got
hurt you just got GMEGME is hitting where is GME right now.
This morning was at 40 million yeah it's still at 40 million.
It annoys me because I saw it at six and over.
You pudded me out of the pudded me out of the trade.
So the only meme coin that's really higher if I'm honest.
Like if I go onto deck Screener, literally every other meme coin
is lower. Apart from this GME coin.
It has not been a good the fabled meme coin pump has yet to
materialise. It may materialise now like.
Well. Not yet.
Yeah. I think the first move is that
play around in Jupiter and the next move is, all right, I got
to play for the next AirDrop, right.
So if this stays at 7 billion, this the next Airdrop's going to
be used as well. So like people are, people are
going to be people are going to be spinning up new meme coins
every 5 minutes I think. So that's going to be an
interesting space. What else is there from a from,
from a perspective, there were some very bullish headlines
yesterday about predictions for ETH.
ETH has become a little bit like
doge. I don't know if you've seen
this. People are picking up on it like
so. Traditionally those rallies
that's the final rally before the market dumps ETH.
The last two times ETH has rallied and taken the lead in
rallying. The market has then subsequently
dumped. So there's this ETH rallied
yesterday and then a lot of people were like oh fuck.
And then we yeah we did dump. So it's but that was kind of on
the back of some headlines that Stan chartered which is a kind
of auk such Asian bank came out with a came out with a
prediction that ether was going to hit 4K on the back of it ETF
coming in in May. Some of the other banks have
been a bit less sceptical, a bit more sceptical on that.
JP Morgan in particular has been very sceptical on it.
Bloomberg analysts still think I think 60% of their last on their
last one. So like it's still 5050 but they
came up with a very bullish piece.
So I think people got very bullish on on ether on the back
of that like I said, the ETF outflows that have been good and
NFTSNFTS were broadly lower. I think yesterday there were
some, there was some, there were some rises like you saw, you saw
the big Sotheby's Mint, sorry the big Sotheby's sale for
Starry Eyed grew and that was the big sales there.
And then you had Roop Smile Mint did like a 5X and a couple of
other smaller projects did well. I think creeps is starting to
rally again. Obviously you got Portal coming
relatively soon, so. All right.
Well, that is quite the roundup. You're you're on one this
morning. Shout out to sorry Mando
minutes. Sorry this it slipped out.
It slipped out first here. Let me go to one place for your
minutes, you know, let. Me aggregate the aggregation of
your aggregation, bro. Anyway, I've never seen anything
like it. I'm 90% of the whole thing.
Cats. Is crazier cats?
I mean, this is. I mean, if anything, this is our
stage, right? So, yeah, you can say rockets,
are you on? Let me pull the curtain back a
little bit because you went all the way deep to NFTS here.
Let's talk about what's happening right now.
So on the market side, it seems like things are holding up
pretty well. We got a little little bounce
from yesterday night that you're talking about.
I'm, I'm like curious to know what you guys are thinking now
that troop has dropped. Obviously we're talking about it
yesterday. We're kind of like guessing like
what happens there. Of course, like seems like a lot
of liquidity has been sucked out of Minkorns for the moment and
it's probably going to keep happening.
A lot of people have not been able to claim yet obviously and,
but that's not because Solanzburg is just the front
ends like you just mentioned Jupiter and and and.
Which was expected. A lot of people like all these
front ends will break. Every single one of them will
break. Not surprised, right?
But The thing is, the chain itself is fine.
OK. And so which is all that
matters. I mean, OV what do you think
happens here? Right?
Like now the claim has happened, obviously it's kind of soon to
guess where it settles. Binance has been pushed to 11:00
AM, so another 11 minutes until it goes out there.
What do we, what is this? Are you hitting your
expectations here versus what you were looking into yesterday?
I knew we've been talking about Jupiter back and forth a lot
over the last couple of weeks. So what do you what do you what
are you seeing here? I think it's too early because
what I'm seeing on Twitter, people are a lot of people are
still unable to claim their dupe and that's a big impact, right,
because you know presumably at least 20 or 30% of them are
going to sell their dupe. So I think it's too early to
judge because the flows seem to be mainly on centralized
exchange. Obviously, we just talked about
how the front ends are all down as well.
So people, it seems like people aren't really able to
effectively trade or claim on chain right now.
And there's been a lot of like trading on sexes, which isn't
really going to be like the main meter.
The volume, I think. I think, yeah.
So it's too, it's too early to say given where the price is
now. I think you have to imagine that
once people are able to claim and sell, the price goes lower.
But at the same time I also think most buyers probably have
their money on chain as well and want to want to buy it on chain
rather than like bridging it to sexes.
So I don't know like I think it's kind of like whereabouts I
thought it would be. It's kind of to be honest with
you, it's right where the price right now is literally where the
where it was trading in the grave for the last two or three
days. And I think once everyone sold
their AirDrop, which usually happens over the like you know
once most people have sold it usually usually happens in like
the first few hours of trading. Then maybe you could potentially
see it like rally all the way to to one.
But for me, I feel like it's going to be in that like unless
like the market changes, you know that while Seoul stays at
one O 1 and while Bitcoin stays at 43 1/2 Ki think the range on
on Jeep is going to be somewhere between like you know 70-70
cents to a dollar or something like that.
That's that's kind of like my hunch.
I think we have to wait and you know there's there's a lot of
like people keep talking about like Oh well we've seen mean
coins rally but we'll see the rest of salon ecosystem rally.
Well, we just have to wait until people are are actually able to
sell their dupe and then spend it before we can assess whether
that whether that was correct or not.
Like mean Coins won't rally right now because people don't
have any juice to have me have to sell their dupe.
But if they don't rally in two days or three days, then, you
know, or even by the weekend, then there's an argument to say,
you know, people didn't roll it, roll it into mean coins and
maybe they put it somewhere else.
So too early to to judge the impact right now I think.
It it looks like here I just got reposted what Moon Overlord
posted. So the Jupe launch pool is
almost out of tokens. This just in.
It's pretty wild man. Do you want to kind of explain
what this whole launch pool is all about and what I mean?
Yeah, I mean, I I kind of know what's going on there.
I think. I think Meow tweeted the other
day that like the the initial, the initial liquidity pool was
being set up with a different range for Jupiter as like the
initial launch pool. I I don't know if they were
involved in setting up because sometimes that's an issue with
like with tokens, like if the team is actually involved in
staying at the locality pool. But there there's definitely one
which he was clearly paying attention to.
I don't know if he actually set that up and obviously it may be
moving out of range, so like it may, it may they may have
already reached it. Yeah, I mean look at that, this
is pretty wild. How many achieving transactions
are we at? Like is there even a way like we
can just go and look like I saw obviously someone messaged us
saying it did $100 million of volume in 35 minutes, that's the
1st, 35 minutes and everything stayed in time.
So that is impressive that is that is really good to see.
I saw easy had like 180,000 tokens to claim.
And so it's it's great. It's great him and a lot of
people that have been like you know avid Solana enjoy yours
like for the for the past, you know for the past for for the
past year or so are getting, are getting, are getting heavily
rewarded here. So you absolutely love to see
that good for them. You know it makes me happy
personally to see and I guess we'll see tomorrow kind of
postmortem of like where we're at with Jupiter on the on this
on on on the show and whatnot. Besides that what do we got
here. I know I I see look at look at
look at look at Eric, I love that I see him in the studio.
What's up, Eric? I can, I think only I can see,
hey, but on the NFT side, quickly you you kind of went
over it Mando, but it was really like the Sotheby's grails,
right? Because that we covered it when
it first opened up that the three sea grails, it closed
yesterday, right? Yesterday was at the limit.
Is that what it is? Yesterday it closed.
Yeah. So you had Grant Newton's trade.
I think you had some ace. Was it a CAX copy?
Definitely traded. Yeah like these are good pieces.
Like these were all these were all from the Starry Night slash
3 AC Liquidation. I think Michael Buhanna put out
a tweet so did Punk 9059. So you can you can check your of
those but you can go through all different pieces.
But I think it was it wasn't like incredible.
There wasn't like on the one Unbelievable sale that set the
tone. It was more like a bunch of
different ones, kind of 100K to 100K plus.
Yeah, aren't very much alive. It doesn't show.
It says bidding is close. So I can't really show you guys
the price prices here, maybe 9. 59 go to Punk 9059 of.
Course of course 9059 posted the stats.
I mean this is his name NFT stats dot ETH.
And quite a bit, I think. No, I know he's been posting a
lot. Shout out to shout out to Sam.
Love to see that. I can't.
Can't even find it. I can't you know say stats
maybe. OK, there he goes to the ex
copies citizen sold for 85 ETH. The beeple time sold for 76 ETH.
Oh I'd love to see that AC KS till death do his part. 70 ETH
Grand bedtime 30 ETH. So this is this awesome love
that people saw this in dollar terms of course.
Like. You know these are the prices
here on screen that you can see I guess you know somewhat of
successful sale here everything's sold love to see
that and and honestly I just personally I'm happy that these
are finally out of the three AC like liquidation kind of like
situation and they're probably into better homes now of people
that will cherish them forever and ever after.
The other news actually that came in this morning boys which
is why we didn't have it up there but may as well talk about
the Ripple. Did you see the Ripple founder
hack? Yeah, what the hell was up with
that? It's.
Just you got hacked, right? Dude, so so there's the Ripple
got hacked for $113,000,000 right before the show, so it's
here. Per the Crypts article, Ripple
founder hacked for 100 and 3013 Sorry, $1,000,000 XRP drops five
points. Ripple's XRP token dropped
following word of $112.5 million hack, which Co founder Chris
Larson said were from his personal accounts.
I didn't see this. I saw that.
Did his Twitter get hacked as well?
I just maybe I just saw the headline, but.
Let's I mean this literally just happened.
I mean, you just posted it on X, yeah?
See, look at this. It's Zach's BT picked up on it.
So it's 22200 and 13 million XRP tokens that were hacked.
Wow. That's crazy.
And they've been laundered through Mexi, gate, finance
crack and OK, XHGXHBTC etcetera. So this was like a pretty
organized coup like type of thing going on here.
Like one thing people you you have to realize with Ripple is
the reason why the SEC came out after them is is the team owns a
ton of fucking tokens like it's only it's $1,000,000 market cap.
9 tokens Yes, that's insane. I mean, Chris Larson, Co
founder, said yesterday there was an unauthorized access to a
few of my personal XRP accounts. Knox, not Ripple.
We were quickly able to catch the problem and notify exchanges
to freeze the affected addresses.
Law enforcement is already involved.
This is wild. This is This is a big hack.
Yeah, definitely professional, right?
But it was laundered through multiple different exchanges
which. Is strange.
I mean, look at that. Look at this chart that Zach
posted, right? It's shit.
That is insane. That is absolutely wild.
Anyways, hate to see that whether you like Ripple or not,
you know XRP or not, this and that, Absolutely hate to see
another hack happening in our space, but you know it is what
it is and that just happened this morning as well.
So that's that. And then you know you kind of
went over and over NFTS and went out again, but you know
everything seems like kind of like stalling on the Solana side
because we're waiting for what's going on with Jupiter.
So of course like some cell pressure on the on some of the
solar NFTS, but not crazy amount versus the tokens.
On the ordinal side, the Quantum Cats mint is today the remint.
So you get to mint again. Did you guys get your cats?
Did you guys get to see your cats?
Yeah, I did. I think.
I don't know if it's a good one or not, but it looked cool.
You know, I have to say. You're one of terrible.
It's. An Udi I love Udi so I will
adopt my cat I. Will I like mine?
Mine was cool. Yeah, mine looks like it got
beat up on the blockchain before being delivered to me, you know,
But it's OK, you know, we we, you know, we they're cute.
You know it's I, you know maybe I may have to replace it for a
floor one when when, when time comes okay.
But that's about it's. Good.
I like floor one, OV. Your ones good, yeah.
And then so that's that on the Bitcoin side, aside from RSIC
like that, the Meta RSC, Meta protocol, like the that's
something these point out to me yesterday that went crazy
overnight. It's just up 33% the AirDrop
that people have gotten for having puppets and whatnot, So
that's happening, which is up to .06 Bitcoin floor with Bitcoin
being up. So not bad, right?
Bitcoin went bounced from 39 to 43 K and that thing bounced from
like .03 to .06 so double there puppets bounce bitmap no monkeys
seeing a lot of high sales. It was a grail sale for about
what 1.8 Bitcoin gold tail on that so love to see that.
Usually a good signal when when rares and mid rares are selling
in a collection and the rest like pits and ninjas and stuff
kind of holding that floor or OMB all that good stuff And then
last but not least on the east side you know nothing much like
kind of like east online token right Like you know doodles
still above holding to east D gods 3.
Area fizuki above 6 mutants above 4.
You know apes are holding that that ground where they were
punks still punking around above 60 so love to see that and and
pudgies you know kind of stabled I would say around the 16 E mark
so that's about it. So anyways the other big news
for NFTS is the news that we're going to be here to cover here
and what most of you guys are here to probably listen to.
I see a lot of, I see a lot of y'all in the audience.
But first and foremost, just a reminder that if you were tweet
the pin tweet, which is a Twitter spaces at the bottom
right, if you go to the bottom right, there's a purple box.
Click on that purple box, hit the retweet button, follow us
FOMO our FOMOHOUR. Not just because we're giving
one anyway. Just because the show is fire,
OK? It's fire.
Well, I think so. I'm biased, but I really enjoy
our show every morning and so and so check it out and we're
giving away $1000 once we're going to be done with snow froze
interview and we're going to be giving away $1000 per day for 15
business days straight business days because the show is only on
business days and and then on Friday we're spending like
$20,000 worth of loot boxes. So that's going to be a riot.
I can't wait. Razor was like, rip it, let's
go. I was like, OK, OK then let's do
it. But anyways, let's welcome to
the stage our good friend Eric Calderon, AKA Snow Fro.
Eric, good morning. Good morning, GM.
How you doing today, King? What's?
Up guys, how y'all doing? Dude, we are vibing.
Oh I saw that. Did the Artbox account get
rugged? From the From the Twitter.
No, I see it. I see it there.
Would you you see the Artbox account?
Yeah. On our stage.
Yeah. Oh well, Twitter's definitely
lagging then, because I don't see it so.
Yeah, they're on. They'll see it.
They're on. Isn't that so weird?
Look at that. Look at my screen.
Yeah. Anyways, so for those of you who
who are on audio, you can join us on video.
We're live on the Rock Video YouTube, but we're also live on
XI posted the broadcast. It's pinned at the top.
We've all posted it. We broadcast every single
morning Monday to Friday on audio and video Snow fro.
Why is that? A lot of energy this morning.
You. Like that, A great amount of
energy. Where are you right now?
In the world Pumps, by the way, I'm so excited to hear that they
keep going. I'm in Houston.
I'm at home in Houston. I like that.
How about you guys? I'm home, Montreal, Canada.
Mando's in sunny Lisboa and movie is in rainy London.
So that's it's. Not raining.
It's just Gray. I'm in snowy Montreal, sunny,
sunny, Lisboa and Gray. Not a.
Cloud in the sky where I am not a cloud in the sky.
Beautiful. That's.
Amazing. Always sunny today.
I'm excited to have some sun over here.
I love that. I love that.
Listen, snow fro, I don't know if the the news dropped or
didn't drop. I've been like heads down,
focused on what's happening on the show and salon and all that
stuff. You're here to share some big
stuff with the R Blocks ecosystem here today.
Yeah, it was a TLDR. What's the news here?
Yeah so R Blocks has been fortunate enough to get to work
with with the with the two awesome gentlemen at at the the
NFT platform Sansa and we've we've had the pleasure of
acquiring them to be able to help expand our blocks this kind
of ecosystem a little bit beyond where it is today.
So Jack and Matt are two guys that have kind of been awesome
community members of in the our Blocks Discord and our Blocks
ecosystem. And you know kind of near the
end of the year last year conversations started getting
started and and here we are today just getting to announce
that like one of the most supportive platforms for the R
Plus ecosystem is now kind of part of our umbrella.
And we're like incredibly excited and incredibly proud,
not just to to be able to offer a kind of a broader ecosystem
for our collectors, but to welcome Jack and Matt to the to
the R Plus team. I love that.
Congratulations on the acquisition.
We love to hear some good M&A in the in the space.
You know, there's a lot of it going on, you know, and and I'm
not even surprised. The Sansa platform is awesome.
I remember Dee's putting me on that.
I think two years ago or whenever it came out, it's.
Been about a year, a little bit over a year, yeah.
Yeah. And and it's super cool.
I mean I mean Eric you know question would be like what
about Sansa like drew you into the platform right to to to make
this move in the first place? I mean, it's a beautiful
generative art browsing experience.
It was built originally just for art blocks and you know it's
like these these two dudes basically built this thing that
I've been wanting for a really long time to exist to art blocks
and without having to give them any input, they literally built
like exactly what I think art blocks needed.
Like they were taking in our engine partners as royalty
situation kind of got weird and uncertain.
And you know we we have a secondary marketplace on art
blocks, but that's just for the stuff that's on art blocks dot
IO these guys basically took in our our engine partners and give
them a home and a place to like showcase the work so that it
felt cohesive and it was a really nice browsing experience
for for generative art and they did that on their own and they
did that as a as a very agile duo all in the course of a year.
They've created this beautiful thing and it's something that
we've kind of been. I mean, that's how I've been
browsing generative art outside of what, you know, is on our box
dot IO. And you know, I don't know, R
Block's always had pressing priorities.
I mean, this is kind of what happens when you're building a
Web 3. It's like it seems like there's
always something pressing. There's always something that's
kind of keeping you busy. And we've never really been able
to build something like this out to bring all of our ecosystem
home in one place. And just with the acquisition of
Sansa, we now have the, the the honor of bringing everything
home and now everything that's ever been minted on R Block's
technology is available in your wallet.
I mean just think like for the last however many years, there
was no way to see everything you've minted on our Plex tech.
Like you had to go to open seed to see it all together, which is
fine. But the browsing experience for
generative art is a better browsing experience when it's
catered and tailored to generative art.
That's what the Sansa team has done.
OK. That's awesome.
Congratulations with that. So what does that mean for the
other collections on Sansa, Like are they going to stay on there
or is it just going to become like an art blocks marketplace
slash secondary platform? Look we're going to figure it
out. We have, we have a lot of
figuring stuff out to do like the last thing I want to do is
remove artwork from from a platform.
It's also misleading because it is kind of part of the art
blocks ecosystem. And so we've we've got, we've
got some work to do. We've got a little bit of
digging to do to kind of figure out we need to kind of be in
touch with those platforms and see you know and navigate that.
But for the time being, you know the majority of the work that's
on Sansa has been our blocks work or our blocks related work
whether it's bright moments or any of the the amazing engine
partners that are on there. And so the the vast majority of
it belongs there natively. And then what we do with with
the other stuff, I mean I I just see that there's opportunities
to kind of explore that and you know, potentially give artists a
a, a home where that they can show everything that they've
created whether it's art bots or not within one profile.
So we'll explore that. We'll figure that out.
Hopefully in the next couple of months we'll we'll have more
answers. That's awesome.
I love that. Go on, Mando.
I say I love this, like, I actually didn't know about this
this site, but there's been a few attempts to like, do this
well, and this is, this is really nicely done.
Like you can really look through everything.
It feels like a gallery experience, right?
Like, it's it's nice. I I love the feel of it.
It's like the perfect home for art blocks.
I remember seeing it first when obviously, like our bodies like
you know, super into art blocks and everything you do has been a
big supporter. And when you showed me that, I
was like, damn, this is so clean, right?
Because like obviously the open sea experience in other
marketplaces is not the best when it comes to like get seeing
all the different artworks and all the different creators that
you have at art blocks. Obviously there's a lot of
collections past, you know, present and and future within
your ecosystem. So I think this is a really cool
acquisition. Again, like Web Three within Web
3 acquisition is so fun, right? Like it's just, I love that.
Same way we teamed up with like the Crypt and stuff.
Like I just think you'd love to see that.
So how does that what does that change Eric for, like for your
creators and the collectors? Well, I mean, there's a It's a
bunch of things. Like for the for for starters
our blocks dot IO will remain art blocks that IO right we have
a a very special thing going there that's just you know our
our more selective releases and that'll stay on its own bespoke
website and but like one of the things that's really interesting
to me is that we are obviously we're working within kind of a
bit of a more fine art category there.
We're really kind of try to elevate the medium of generative
art and we're very sensitive to the way that we portray that
artwork. But we're in an ecosystem of,
gosh, where I came from is, you know, being AD Gen. and like
messing around with like coins and punks and all these things.
And so we know that the browsing experience, like what the Web
Three community is actually looking for is things like
rankings and sweeping the floor and that kind of stuff.
I'm not interested in putting a ranking at the front page of our
blocks dot IO that is you know like even even if we are in Web
Three that just doesn't feel like the right message to be
sending when we're really trying to elevate this stuff is as art.
But we can't ignore that other side.
So what we get with Sansa is this ability to start leaning a
little bit more into the web three side and being able to
maybe do collection offers and you know one day maybe do
sweeping of the floors and analytics and rankings.
The things that we have trained ourselves in this ecosystem to
use to to determine what to follow and who to follow or
maybe what the next artist is that that's that we're going to
dive into. And obviously you know that can
lead to various different collector personas whether
you're literally flipping, speculating or become a patron
of one of those artists. Like you can really get to know
their history by having some of those analytics and stuff.
And so number one thing is you're going to get a little bit
more of that pro experience than what you get on artbox dot IO,
which is just more tailored to being kind of like more art
forward. Besides that, as a collector,
you not have all of your stuff in one wallet.
And so of course, eventually we'll combine all our wallets
cause a lot of us collectors have kind of gone deep and have
a lot of different wallets for different things, but that you
couldn't do that before. So if I wanted to see my Bright
Moments stuff, I mean I can see it on the Bright Moments
website, but with the full live view, etcetera.
Like I had to go to Openc or I had to go to Sansa and I
couldn't just kind of see everything in one place.
So now we have everything in one place and we can keep adding our
engine partners. In fact, right now any engine
partner that we've ever worked with is going to appear on
Sonset. And so that's middle term.
Also adding some features for collectors, for example, the
ability to render every single token that you've ever had at
whatever resolution or an animation, that's something that
Matt De Laurier actually built a really beautiful tool a couple
years back. And open source, you just kind
of like it was a website, you type in a token ID and you could
render your token. But like it's, it's amazing.
But like now we can do that at the token level for every single
thing that we've ever minted. And so ultimately what we're
trying to do is create more of a top down approach where we
provide an infrastructure layer and then everybody, whether
you're a collector, whether you're an engine partner or
whether you are a creator benefits from that
infrastructure. I mean, look, the only place I
know to go send a token is open C Like if I need to go transfer
an NFT, I'm going to open C It's 2024.
Y'all. I just don't understand in 2024
that we don't have AI mean. Maybe there's a couple avenues
to do that, but like that's just not a standard practice.
We will implement token sending on the Sansa website so you can
send your token to your vault instead of having to like exit
the platform. You know, looking at what
loyalty kind of reward programs look like when everything is all
under one roof, and then finally adding minting functionality.
You know, right now we've had 50 engine partners roughly and
every single one of them had to build their own minting
functionality into their website.
And that's great because I think a lot of partners need to have a
bespoke website. They need to kind of have their
own experience that's branded. But a lot of people just want to
experiment with the generative medium.
And I want our box to be a hub for creativity and innovation
and experimentation. And that means investing in the
creative side, maybe investing in some marketing, but not
investing in all the technology that you need just to offer
someone a mint button. So the mint button is something
that we've kind of built, we kind of for in, in some ways
kind of invented it within this ecosystem.
And that mint button has become incredibly commoditized.
There's a bunch of competition. There's really great platforms
out there and we're more and more leaning into just making
that a recognizable kind of unit within our ecosystem that that
people will hopefully recognize as like you know, this is our
Prox minting and this is the R Prox purchase flow.
So I mean just that's just a few things off the top of my head
that that will. It's great.
And there's more. There's a lot more to it.
I mean, that's awesome. I mean you kind of touched on
that, but maybe I'll ask more specifically like, like how does
this acquisition of Sansa contribute to like the future of
our blogs, right. Like I know you just said for
example, like it's a one stop shop, one place to view your
collection, finally transfer your assets without having to go
through open. CI had to do that like 2 days
ago and it was such a hassle. I'm not going to lie, like it's
just absurd how crazy this is. But you know, like how does this
exactly contribute to the future, right?
Like what comes now? OK, you're quite Sansa.
Whoa. I just saw the decrypt article.
Just go live now. I'm going to.
I'm going to pin it. But you know, what do you what
do you what? What does that mean for the
future of art blocks in general? I mean a little bit of it is
just kind of getting back to a little bit of a Web 3 ethos.
I mean, you know we have art blocks dot IO which was created
originally. It was like, you know, a a
platform for hosting generative content on the Ethereum
blockchain and it kind of had this breakout moment as a just
art platform. And that's one of my proudest
achievements. And I say that all the time,
like all the work that's on that platform is one of my favorite
things, one of the proudest things I'll ever do in my entire
life. And we in in response to the
market conditions have increasingly reduced the cadence
of that and try to be more and more selective and in the
process of kind of just not really given a place to be a
platform for creative content on the Ethereum blockchain.
So what this does for the future of our blocks is expand and
enable us to kind of make it easier for people to participate
in the creative in the generative medium and hopefully
bring their own audience. Yeah, what we need is we need
more people. We need more people here to come
buy your bags. Like that's literally what we
need more than anything in the world.
We have a a incredible group of patron collectors that have been
here studying the artists, supporting the artists, giving
feedback, buying the art, and they've been here from the very
beginning. They've they've only doubled
down and reinforced their love for genitive art and digital art
in general. And I think what, what, what
would make us all feel more excited is to get more people in
and at the level of kind of what our blocks, what we call kind of
flagship or curated does like that's that's a high level,
that's expensive and it's, it's meant to be, you know, a little
bit more exclusive. I'm not an exclusive person like
that's, you know, I've always been about all about inclusivity
and trying to get stuff available and make it available
for people. So you know, this allows us to
have a little bit more breath. It allows us to facilitate
people to not necessarily sell to the same people, but
hopefully to sell to some new people, to attract some new
people. For artists maybe to be able to
self publish one day into their own collector base.
And I mean, in the end, Art Blocks is a platform that I
built out of a out of just, like, pure passion and a love
for the generative medium, but also like curiosity for
blockchain technology and how it intersects with that medium.
And I'm just trying to get a little bit back to where that
started. And the platform is the Web 3
way, right? Like, optionality is the Web 3
way. At the beginning, we'd always be
like, oh man, let's get rid of the middleman.
Well, no. I mean, the middleman serves a
really, really great purpose, especially in cutting through
the noise. But not everybody needs to cut
through the noise. So giving people optionality to
release themselves, giving people optionality to release
all the different flavors of all of our engine partners, You want
to mint in person, go talk to bright Moments.
They're amazing. You want to release on Artbox?
Apply to Artbox Flagship or Artbox dot IO, That's an amazing
experience as well. Optionality is what we're here
to give and that's what we're giving to everyone of our
creators, collectors, partners and I really do think it sets
the stage for Artbox to be to to remain relevant, as generative
as a medium becomes a more commonplace term in the
household hopefully. That's awesome.
Seems like a pretty cool and great moment for for like you
know generative art art blocks in general here as you guys are
going to be able to aggregate all these collections in one
place. Question for you like for the
people that like we're using Art Blocks engine, how does that
work? Like are they going to be able
to be showcasing on there too? Yeah, yeah.
So they'll immediately appear on there.
So now all of everything that's ever been art blocks related
appears there. And optionally they can have.
I mean, we haven't finished integrating this, but optionally
they'll be able to have minting functionality within that page,
so they won't have to build it out themselves.
Now you may not want that. Like Art Blocks. dot IO spends
way too much effort creating content and articles and
interviews for us to let people mint and ignore all of that.
Like, the whole point is we want to explain what the artist's
message was and what the process was, and so allowing minting on
on the Sansa website would kind of defeat the purpose.
And so R Block's flagship as or R Block's dot IO, if you kind of
want to pretend it's like an engine partner is going to
choose to exist within the sequel, it's going to exist all
the NFTS exist within the Sansa marketplace, but it's going to
choose to maintain minting, to exist just on the R box dot IO
website, which has been built out into this beautiful thing.
Every engine partner has that choice to make.
They can have it on their own site, they can have it on Sansa,
they can have it on both. And ultimately what we're trying
to do is just lower the barriers to entry to be able to release
generative content. Generative content in some ways
has become very homogenized. I don't know.
You know, it's it's just something that we've kind of
seen over time. You've got, you know, you had
100 generative creators 3 years ago, you have 10,000 generative
creators today. It's the most beautiful thing to
see that many people kind of find a creative side to them and
start getting into the generative medium.
And from those 10,000 we're going to get 205 hundred people
that are going to rise and blow our minds in the next few years.
But in the meantime, we also have this exploration of like
generative embroidery and generative goods, like this idea
that like a generative thing means that somebody, everybody,
can have something that's unique to them.
We've proven that at least in the very expensive PFP world,
like punks and pudgy Penguins, people are very interested in
being identified as an individual with the object that
represents. Them I identify as a squiggle.
Yes. And so in the physical space, it
just feels like maybe when things don't cost 5-10 a
$100,000, there is an example. Oh yeah, or a race or a race car
guy. Yeah, not to flex.
On anyone you know not try not to flex on anyone, but Eric
gifted me that in Austin. You got a good one, man.
And so yeah, I think there's an opportunity here to really kind
of lean into what the generative medium looks like.
And it it to me it it feels very well powered by blockchain
technology, by the provenance and all that.
And you know as we do this, we're going to, we're going to
double down on the Ethereum ecosystem, the the EBM
ecosystem. This is there's just so much
exciting stuff happening, especially as we have the
ability to expand into multiple L twos.
The minting experience, if Y'all haven't minted on arbitrary on
prohibition, it is a really, really awesome experience,
especially coming from years of paying a bunch of money on gas
and waiting a bunch of minutes I guess for like a transaction to
clear. And yeah, I think there's just
like so much opportunity within those ecosystems and we're
excited to kind of double down and and keep exploring in in in
the EVF space. I love that.
This is freaking awesome. You have no idea how like our VP
of Creator has been who founded audio galleries.
He's like in my DMS right now, like ecstatic.
Like he's screaming to me on WhatsApp.
That's awesome. He's literally, I wish I could
share my screen. He's like screaming in the form
of writing. There's like.
Maybe all caps? Yeah, it's ALL caps LFG 7
exclamation points and wow 12 exclamation points.
And AMAZING IN ALL CAPS 4 exclamation points because he
uses R Block's engine right to power what he does.
For like, it's going to be a lot easier.
It's just going to be a lot easier.
Also the lift, right? Because he was just telling me
this would have cost him like $10,000 minimum to build on his
own. That's his words, not.
Mine. Look, the dream is that those
platforms get to a point where they then want to build it out,
right? But it just feels like we're
asking people to invest in three things.
We're asking people to invest in the content, the creative
content. We're asking people to invest in
the marketing because you have to get your word out there and
we're asking people to invest in this technology and a bigger
brand comes in. They should absolutely just do
that from start. But if you just have an idea as
an entrepreneur, and I'm coming from the entrepreneur, the
innovation side, like sometimes you just want to test the
waters, You want to try something out.
It's it's the the generative distribution mechanism is is I
think a revolutionary process of giving people things that are
unique to them. Let's at least take one of those
barriers down and not have to invest in all of this tech.
If you just want to try something out and make it a
little bit easier for people to kind of tinker.
And again, all it takes is one or two of those ideas to not be
catered or marketed to our community, but to be catered and
marketed to their own audience. One big brand that like gets
their brand excited. I, you know, my dream is like
Swatch has a generative thing and like you meant to Swatch.
And like Swatch makes you this watch.
And everybody's sharing in Discord their Swatch when they
get it in the mail. Like it just seems so clear to
me that like that is something that would get a bunch of watch
nerds excited, or at least Swatch nerds.
Because I know some watch nerds are much much higher price point
sorts. Of Watch nerds on CT.
Yeah. So I feel like, I mean just like
all it takes is one or two of those things to introduce a new
audience to all of the stuff that we're sitting here talking
about every day. And that's a a, a, a task I've
imposed upon myself last year to get as many new people, to get
as many new eyes. Not necessarily based on
scarcity, not necessarily based on FOMO, although in some cases
that is kind of how things operate around here.
But based on like a a proving that there is value in the
digital object beyond that. And I think that that with you
know, eventually custody wallets, credit card
integration, account abstraction, all these different
things will eventually lead us to to a better place.
And then you know maybe my bold prediction of 2026 Apple adds A
crypto wallet to the phone, but that you know is delusional
probably. But like that, that is actually
kind of what would just change everything for everybody in like
the in the blink of an eye. Yeah.
We just got a prediction from snowfall.
That's rare 2026 Apple adding a a digital wallet to its to its
devices. You'll have to see that I'm.
I also think this is something that's going to happen.
It's some it's inevitable right? This revolution is just.
So at least by 2036, but 2026 would be really great if. 2036,
that's too far. That's too easy.
Snow fro, that's too easy. But 2026 is a nice call.
I like it. I mean, Eric, congratulations on
everything, you know, excited to see you in Paris, I think.
Oh yeah. Well, we're going to see each
other in Paris. Are we playing poker?
Poker. Sure.
I would love to play some poker with you guys.
All right. Yeah, that sounds awesome.
Let's. Do it.
Let's do it. Let's do it.
Let's do us four. We're on Paris.
Let's add a few of the folks that are listening.
There's a lot of friends listening down there, I'm sure
are poker players. So we should organize a little
something. I feel like, I feel like we're
walking into a trap here. Like, have you been playing
poker like this religiously for? Been like 12 years since I
played, but I did. I did play a lot of, I did play
a lot of poker. But one day we need to have a
squiggle as a prize for a poker tournament.
I think that would be pretty. Let's do it.
Get 100 people in on that thing and do pretty fun.
That could be. I mean, yeah, we.
Could I'll bring the squiggle, you bring the 100 people and
we'll do a tournament. Perfect.
You, you have a deal. You have a deal.
I'll bring 100 people. And trust me, between us, we can
bring 100 people easy. And you, can you just bring this
quiggle? We're set.
Perfect. I love that.
Eric, thank you so much for coming this morning.
Congratulations to you, to art blocks, and to honestly everyone
like that's in a generative art space.
Like this is a really big moment.
So Congrats. It's really fun.
Thank you to the community that's been with us all this
time, all the creators amazing. And then my team at Art Blocks
have made this happen. It's I it's unbelievable.
I'm very, It's awesome. Team, by the way, it's really.
Like, we're very lucky to have this team.
Yeah. Yeah.
Congrats, Eric. Thank you so much.
Take care. Yeah.
All right. All right.
Well, that was fun. Big day.
What did I do? Hold on.
Oh, there it is. Big day, big day.
In the words of Barry Silbert, you know, we had that, you know,
Jupiter happening, our blocks happening.
That was that was fun. I love that.
This is really cool. You love to see this.
I love M&A in the space. Used to talk about this a lot 2
years ago actually. I remember that tweet like all
these M and as in the space is going to happen within two
years. Like it's happening right now.
2425 is going to be the year where like a lot of companies
merged together, like get acquired but within WEP 3, which
is cool to see, not Web 2 acquiring Web 3, it's just like
Web 3 acquiring Web Three. I don't know, I kind of I I like
that. It feels good.