1 00:00:00,280 --> 00:00:03,800 Yo-yo, yo, what up? What up, What up? 2 00:00:04,240 --> 00:00:14,720 Good morning, Good morning. GMG Wednesday, right? 3 00:00:14,720 --> 00:00:20,560 Yes. Wednesday, March 13th, 2024. 4 00:00:20,840 --> 00:00:22,360 Four, four. Look at that. 5 00:00:22,600 --> 00:00:25,520 Another beautiful day to have a beautiful day. 6 00:00:26,200 --> 00:00:29,280 I got my Co host in the house. OSF Mando. 7 00:00:29,280 --> 00:00:32,800 How you guys doing today? GM guys, how you doing? 8 00:00:34,280 --> 00:00:36,000 Five, there's an. Echo. 9 00:00:36,360 --> 00:00:37,880 Is there an echo? It's one of us. 10 00:00:38,800 --> 00:00:40,000 It's. Not me. 11 00:00:40,040 --> 00:00:41,720 My phone's on. Low volume. 12 00:00:44,200 --> 00:00:46,120 Freemando in the chat. #freemando. 13 00:00:46,120 --> 00:00:47,080 It's been a while. It's been a while. 14 00:00:47,120 --> 00:00:48,640 Freemando. Freemando in the chat. 15 00:00:48,640 --> 00:00:49,680 If you're in, you know what to do. 16 00:00:49,680 --> 00:00:53,360 You know what to type. Mando tuning in from his new 17 00:00:53,360 --> 00:00:54,680 mansion. You must have been treating well 18 00:00:54,680 --> 00:00:58,800 this week. You know, it's been an OK week. 19 00:00:59,520 --> 00:01:03,800 Yeah, you're doing good. Solana's doing good, that's for 20 00:01:03,800 --> 00:01:05,960 sure. And a lot of coins decided to do 21 00:01:05,960 --> 00:01:08,840 well. It beats Bitcoin, Bitcoin, Big 22 00:01:08,840 --> 00:01:11,600 daddy Bitcoin. Again, again, a new all time 23 00:01:11,600 --> 00:01:13,240 high. We are every, all time high. 24 00:01:13,240 --> 00:01:15,960 We're getting a little, little, little, little closer to this 25 00:01:16,000 --> 00:01:18,440 100K prediction. You know, you absolutely love to 26 00:01:18,440 --> 00:01:20,440 see that. You know, it could could hit OV, 27 00:01:20,440 --> 00:01:24,080 could hit, you know, could hit. It's going to be a could could 28 00:01:24,080 --> 00:01:27,120 hit and then it could be could be a good call good video to to 29 00:01:27,120 --> 00:01:30,800 reshare across because you have you have receipts now you have 30 00:01:30,800 --> 00:01:34,200 receipts on calling 100K Bitcoin in Q1 so that that would be 31 00:01:34,200 --> 00:01:37,040 pretty wild and you have a dollar bet with wizard as well 32 00:01:37,200 --> 00:01:38,520 so. It would be pretty. 33 00:01:38,720 --> 00:01:42,560 I mean we still have 17 days left for this month like it's 34 00:01:42,800 --> 00:01:46,120 it's that's that feels like a long time like I mean a few 35 00:01:46,120 --> 00:01:47,920 weeks ago that wouldn't have felt like a long time but given 36 00:01:47,920 --> 00:01:49,960 the price action we've seen that feels like a very long time. 37 00:01:49,960 --> 00:01:54,640 So we're only about whatever it is, like 35% move away, it says 38 00:01:55,360 --> 00:01:58,120 Not crazy now is it? Oh no. 39 00:01:58,640 --> 00:02:00,640 It doesn't sound as crazy anymore. 40 00:02:01,120 --> 00:02:04,600 You know when you make a call like that in the 40s, you're 41 00:02:04,600 --> 00:02:07,040 like, maybe he's a little crazy, he's a little too bullish. 42 00:02:07,360 --> 00:02:10,479 When you, when you look at it like 73, I think mentally, like 43 00:02:10,479 --> 00:02:14,280 at 75 K, people are gonna be like, holy shit, OK, like, you 44 00:02:14,280 --> 00:02:15,840 know, I mean like, we're taking this thing to 100K. 45 00:02:15,960 --> 00:02:19,680 It's gonna be interesting. Anyways, today's show today. 46 00:02:19,680 --> 00:02:22,000 Today. All right, all right, all right. 47 00:02:22,000 --> 00:02:24,240 Let's see what we got. Daily market report, as usual, 48 00:02:24,240 --> 00:02:27,240 like we were saying is with Bitcoin hitting new highs this 49 00:02:27,240 --> 00:02:30,000 morning of 73.1 or three or two or four. 50 00:02:30,000 --> 00:02:31,280 I forgot. But anyways, we're going to talk 51 00:02:31,280 --> 00:02:35,160 about that we hit new high, another high on Bitcoin record 52 00:02:35,240 --> 00:02:38,840 ETF infos again. I mean it it it's almost like 53 00:02:38,840 --> 00:02:42,120 you could have seen this coming. It's almost like Tri Fi was 54 00:02:42,120 --> 00:02:47,800 going to bid Bitcoin every day Monday to Friday from 9:00, 30 55 00:02:47,800 --> 00:02:49,080 PM to 4:00 PM. Right. 56 00:02:49,120 --> 00:02:51,640 Anyway, something like that. Anyway, it's almost like we we 57 00:02:51,640 --> 00:02:54,440 we knew this was going to come. So you absolutely have to do 58 00:02:54,440 --> 00:02:57,200 that ETH denson upgrade. You know I'm going to throw a 59 00:02:57,200 --> 00:02:59,560 grenade at this one at at one of my boys here. 60 00:02:59,560 --> 00:03:02,800 I haven't chosen picked which one yet but I'm sure one of them 61 00:03:02,800 --> 00:03:08,360 is a ETH denson upgrade expert. So they're going to they're wait 62 00:03:08,560 --> 00:03:10,560 Beacon chain vibes, huh. I I warned you. 63 00:03:10,560 --> 00:03:12,600 At least this time. I gave a 15 minute warning in 64 00:03:12,600 --> 00:03:16,320 the group chat. But Obi's already Googling a. 65 00:03:17,680 --> 00:03:20,640 100% deserve to OSF because he'll have the perfect. 66 00:03:20,640 --> 00:03:21,720 Google answer to this. What? 67 00:03:21,720 --> 00:03:22,920 You guys? What you guys talking about? 68 00:03:22,920 --> 00:03:26,000 Fuck off, hey? This time we have ChatGPT, we 69 00:03:26,000 --> 00:03:29,400 have ChatGPT now we didn't have that in May of last time when 70 00:03:29,400 --> 00:03:32,520 the beacon change should happen and Obi had to Google it, but we 71 00:03:32,680 --> 00:03:35,080 anyways, all jokes aside, Ethan's upgrade is today, it's 72 00:03:35,240 --> 00:03:38,240 obviously highly anticipated, great narrative for Ethereum. 73 00:03:38,600 --> 00:03:41,320 So it happens today. Largest changes for for L twos. 74 00:03:41,320 --> 00:03:44,400 It's very important. Next to me we're going to have 75 00:03:44,400 --> 00:03:48,440 to talk about sailor. I mean that clit, that clit is I 76 00:03:48,440 --> 00:03:50,440 I think. I think I'm going to make it my 77 00:03:50,440 --> 00:03:52,560 my alarm clock for the morning. You know what I mean? 78 00:03:52,560 --> 00:03:55,680 Like anyone chose poor like I I have to say like that. 79 00:03:56,400 --> 00:03:58,720 I've watched that at least 20 times. 80 00:03:59,120 --> 00:04:00,680 So funny. Love to see that. 81 00:04:01,800 --> 00:04:03,920 So we have that. What else do we got? 82 00:04:03,920 --> 00:04:06,320 We got obviously altcoins. We have to talk about them. 83 00:04:06,320 --> 00:04:08,440 Like obviously we're going to have a little left curve segment 84 00:04:08,440 --> 00:04:11,280 as we have to have in this in this moment, blah blah, blah. 85 00:04:11,280 --> 00:04:13,000 We have Pack Moon launching today. 86 00:04:13,000 --> 00:04:14,880 So that's a big narrative on blast. 87 00:04:15,160 --> 00:04:17,720 I think OV you're like probably the number one still on 88 00:04:17,720 --> 00:04:19,640 leaderboard. I don't know like top three are 89 00:04:19,640 --> 00:04:20,120 you still? I don't. 90 00:04:20,519 --> 00:04:21,720 Know I'm not. I don't think I am. 91 00:04:21,720 --> 00:04:24,520 I I shouldn't be. Because I'm not. 92 00:04:25,000 --> 00:04:26,280 Oh, a lot of people like this. Yeah. 93 00:04:26,360 --> 00:04:28,640 Yeah. And then it means popping on all 94 00:04:28,640 --> 00:04:29,880 stuff. You have a power gaming 95 00:04:29,880 --> 00:04:32,160 fundamental proposal on RB. You have PAC Moon launching 96 00:04:32,160 --> 00:04:33,880 today. You have Frantech V212 next 97 00:04:33,880 --> 00:04:36,080 month that's on base. So super excited about that. 98 00:04:36,080 --> 00:04:39,920 Actually you have hot NFTS, you have, you know, Bitcoin, you 99 00:04:39,920 --> 00:04:42,400 know, ordinals kind of bouncing the end, Ethan, you're still 100 00:04:42,400 --> 00:04:45,760 still, you know, bleeding etcetera, etcetera, etcetera. 101 00:04:45,760 --> 00:04:47,200 And then we'll talk about all of this. 102 00:04:47,840 --> 00:04:50,760 And then last but not least, no, another thing. 103 00:04:50,760 --> 00:04:54,160 We're going to talk about this Dijon Alley, D Genz and the 104 00:04:54,160 --> 00:04:56,120 Crypt partnership and collaboration. 105 00:04:56,120 --> 00:04:58,120 We're going to have Stacey from the Crypt also join the show. 106 00:04:58,120 --> 00:04:59,840 So we're going to have a segment about that. 107 00:04:59,840 --> 00:05:02,440 Then last but not least, oh, the numbers are climbing. 108 00:05:02,440 --> 00:05:05,640 They'd love to see that. Last but not least, we will be 109 00:05:05,640 --> 00:05:07,880 joined by today's show partner which is Hivemind. 110 00:05:08,080 --> 00:05:10,280 And Hivemind actually is going to come and talk about the 111 00:05:10,280 --> 00:05:13,320 digital culture fund that they've been that they announced 112 00:05:13,320 --> 00:05:15,200 already. But what's super interesting on 113 00:05:15,200 --> 00:05:18,040 the art side is they are the people that have been buying a 114 00:05:18,080 --> 00:05:23,200 ton of art blocks, squiggles, bonanza, X copy one of ones. 115 00:05:23,200 --> 00:05:26,800 I'm pretty sure they have an OVOS F1 of 1 as well etcetera 116 00:05:26,800 --> 00:05:29,760 etcetera, etcetera. So very exciting chatter for for 117 00:05:29,760 --> 00:05:32,680 for everybody in the room that is interested on the obviously 118 00:05:32,680 --> 00:05:36,240 crypto art side of things and everything especially in a time 119 00:05:36,240 --> 00:05:37,280 like this. And things would be cool to hear 120 00:05:37,280 --> 00:05:42,160 from a font the perspective of on what how they see the market, 121 00:05:42,160 --> 00:05:43,880 how they approach it and why right. 122 00:05:43,960 --> 00:05:46,440 Why are they continuing to believe in it as well which is 123 00:05:46,440 --> 00:05:48,280 super important in a time like this. 124 00:05:48,280 --> 00:05:52,040 But anyways, anyways, there's Why don't we get this party's 125 00:05:52,120 --> 00:06:06,000 started with a market report. Can you dig it? 126 00:06:06,600 --> 00:06:10,000 GM, everyone. So yeah, Bitcoin did hit an all 127 00:06:10,000 --> 00:06:14,280 time high a few hours ago, hit I think 73.7 K roughly. 128 00:06:14,280 --> 00:06:17,200 So just kept on going. Yesterday we did have a wobble. 129 00:06:17,200 --> 00:06:19,760 Remember, I said on Monday I made the bold prediction that we 130 00:06:19,760 --> 00:06:21,640 were going to go below 70 K Again, We did. 131 00:06:22,160 --> 00:06:24,480 We went down to was that a? Bold prediction. 132 00:06:25,080 --> 00:06:27,000 It was a bold prediction. Yeah, it was bold. 133 00:06:27,880 --> 00:06:33,280 We went down to 6868 K I'm going to make another bold prediction 134 00:06:33,280 --> 00:06:34,880 that we're going to go below 70 K again. 135 00:06:34,880 --> 00:06:37,680 So just remember, you don't need to FOMO every single moment. 136 00:06:37,680 --> 00:06:39,160 You will get your chances in this market. 137 00:06:39,160 --> 00:06:41,560 Funding is still relatively high across the board, so we had a 138 00:06:41,640 --> 00:06:45,360 bit of a flush in this move. OSF continues to post about 139 00:06:45,360 --> 00:06:49,320 funding and but you know market's still strong 140 00:06:49,360 --> 00:06:52,600 particularly Bitcoin. Bitcoin saw record inflows $1 141 00:06:52,720 --> 00:06:58,000 billion added to the ETFs in one in one day yesterday. 142 00:06:58,000 --> 00:07:01,960 So crazy crazy numbers coming into the ETFs again we spoke 143 00:07:01,960 --> 00:07:04,800 about how they're all trying to reduce fees to try and get more. 144 00:07:05,760 --> 00:07:09,000 Have seen very little on on movement on on the ETF or 145 00:07:09,000 --> 00:07:12,440 anything like that. But Bitcoin super super strong 146 00:07:12,440 --> 00:07:16,400 at the moment and just Bitcoin is everywhere at the moment in 147 00:07:16,400 --> 00:07:20,000 terms of like traditional traditional finance media. 148 00:07:20,160 --> 00:07:24,320 So like sailors doing multiple interviews a day, they're 149 00:07:24,360 --> 00:07:28,520 Wheeling out Larry Fink to to pitch Bitcoin on on things like 150 00:07:28,520 --> 00:07:30,760 CNBC. So it's really starting to 151 00:07:30,760 --> 00:07:36,520 capture attention again at least in traditional finance media. 152 00:07:36,520 --> 00:07:41,640 So definitely feels like we are we're not late cycle but we're 153 00:07:41,640 --> 00:07:45,080 definitely approaching the the end of the beginning. 154 00:07:45,160 --> 00:07:47,360 I would say the end of the beginning of this cycle. 155 00:07:47,360 --> 00:07:50,440 We're now starting to really start to see people catch up 156 00:07:50,440 --> 00:07:54,040 with what's been going on and as Bitcoin keeps breaking you at 157 00:07:54,040 --> 00:07:58,200 the highs I think all time high, sorry I think we are we are 158 00:07:58,200 --> 00:08:01,600 starting to pick up new new people on the train each time. 159 00:08:01,600 --> 00:08:07,040 So in terms of the movers overnight you had, I don't know 160 00:08:07,040 --> 00:08:10,880 like as Bitcoin hit all time high all coins still are doing 161 00:08:10,960 --> 00:08:14,200 OK that it's it's kind of mixed. So like that there was a big 162 00:08:14,200 --> 00:08:16,680 movement into meme coins obviously over the last couple 163 00:08:16,680 --> 00:08:20,800 of weeks and what really caught a bid over the last 224 hours 164 00:08:20,800 --> 00:08:23,480 was some of the L1. So avalanche broke out from a 165 00:08:23,480 --> 00:08:27,480 long term trend went above 50 so did injective. 166 00:08:27,480 --> 00:08:29,240 So a couple of the L ones broke out. 167 00:08:29,520 --> 00:08:34,559 You did see things like with go back close to it's it's all time 168 00:08:34,559 --> 00:08:36,400 high again. They're obviously close to in 169 00:08:36,400 --> 00:08:40,559 the Las Vegas sphere and then I think I think Elon tweeted A 170 00:08:40,559 --> 00:08:45,960 Pepe meme yesterday evening and and Pepe pumped on the back of 171 00:08:45,960 --> 00:08:49,440 that both of those again the funding is very, very high. 172 00:08:49,440 --> 00:08:52,280 So like they tend to rise very, very quickly at the moment and 173 00:08:52,280 --> 00:08:55,520 they just get smacked back down. So it's it's been, it's been 174 00:08:55,520 --> 00:08:58,720 mixed to say the least on on meme coins and it's mainly been 175 00:08:59,280 --> 00:09:01,800 some of these, some of these L ones that have done well. 176 00:09:02,120 --> 00:09:04,200 You have the big ETH upgrade happening today. 177 00:09:04,480 --> 00:09:07,880 So the denken up upgrade which OSF will be able to speak about 178 00:09:07,880 --> 00:09:13,120 later and that the real thing there people are looking for is 179 00:09:13,120 --> 00:09:15,640 it's going to, it's going to revolutionize the the revenue 180 00:09:15,640 --> 00:09:20,680 generation of the L twos. So people are looking at things 181 00:09:20,680 --> 00:09:24,760 like Arbitrum optimism, those are kind of lagged in this 182 00:09:24,760 --> 00:09:28,440 market, but they're up today. Let's see if that that 183 00:09:28,440 --> 00:09:30,760 continues. There's been various different 184 00:09:30,760 --> 00:09:33,360 debates about whether this is going to disappoint or it's 185 00:09:33,360 --> 00:09:37,320 going to you know, revolutionize even the user experience on, on 186 00:09:37,320 --> 00:09:41,240 the on the L twos, let's I think we can just wait and see. 187 00:09:41,240 --> 00:09:44,160 My my guess is that it's going to be a it's going to be a big 188 00:09:44,160 --> 00:09:46,120 deal but probably won't be like a big deal overnight. 189 00:09:46,120 --> 00:09:48,840 Probably a big deal over a medium term but definitely just 190 00:09:48,840 --> 00:09:51,640 feel like people are going to be bullish on on the L twos. 191 00:09:51,640 --> 00:09:57,200 On the back of that I don't know if there's any anything of of 192 00:09:57,440 --> 00:10:00,680 other big like the the inflation figure came out slightly hotter 193 00:10:00,680 --> 00:10:06,240 than expected yesterday but Tradfi markets all hit all time 194 00:10:06,240 --> 00:10:09,120 highs so stocks all hit all time highs. 195 00:10:09,120 --> 00:10:12,800 NVIDIA came roaring back so a few of the AI coins have bounced 196 00:10:12,800 --> 00:10:18,720 back again today. This morning we are just just 197 00:10:18,720 --> 00:10:21,280 steam rollering to all time highs in pretty. 198 00:10:21,280 --> 00:10:24,400 Much every, every. Single market at the moment, 199 00:10:24,400 --> 00:10:26,840 yeah. Look at her go. 200 00:10:27,720 --> 00:10:34,320 Isn't she lovely? Isn't she wonderful? 201 00:10:35,080 --> 00:10:37,240 I think. I think I'm in love with Solana. 202 00:10:37,240 --> 00:10:40,280 Like it's also has this like really beautiful like feminine 203 00:10:40,280 --> 00:10:42,800 sounding name. I think I'm going to, like, get 204 00:10:42,800 --> 00:10:45,480 a dog and call her Solana. Great. 205 00:10:45,800 --> 00:10:47,360 Yeah. But like in the bull market, 206 00:10:47,720 --> 00:10:49,280 like when we're like $300.00, like. 207 00:10:50,200 --> 00:10:52,320 It does feel like Solana is again breaking out. 208 00:10:54,280 --> 00:10:57,560 It's had underperformed yesterday, but then over the 209 00:10:57,560 --> 00:11:00,160 course of this morning, it's definitely outperformed Bitcoin 210 00:11:00,160 --> 00:11:02,800 in EVE. Remember, this is one of those 211 00:11:02,800 --> 00:11:05,920 maybe like, you know, buy the room and sell the facts, moments 212 00:11:05,920 --> 00:11:07,920 for EVE. Some people would have been 213 00:11:07,920 --> 00:11:10,080 playing into this upgrade. So they may be like right now. 214 00:11:10,160 --> 00:11:13,480 Now narrative switches to, I don't know, but I can imagine 215 00:11:13,480 --> 00:11:18,040 this being you see people look beyond again and then and then 216 00:11:18,840 --> 00:11:20,560 something like that. But at the same time, Solana, 217 00:11:21,080 --> 00:11:22,480 you know, we know what's going on there. 218 00:11:22,480 --> 00:11:24,800 The FTX Estate A deal first, yeah? 219 00:11:25,320 --> 00:11:27,320 It's a few. Things there, but but that. 220 00:11:27,360 --> 00:11:30,840 It wouldn't surprise me to see everyone expecting L2's to do 221 00:11:30,840 --> 00:11:32,840 really well today. And naturally the best thing is 222 00:11:32,840 --> 00:11:35,200 something completely different. So it may be Solana, it may be 223 00:11:35,200 --> 00:11:41,600 something else Who does? So if if ETH stays under 4K and 224 00:11:41,600 --> 00:11:45,560 then Solana goes to 200, do I reverse win my bet against 225 00:11:45,560 --> 00:11:48,480 Bordelon? Is he in here? 226 00:11:48,480 --> 00:11:50,480 He usually listens. Hey, Bordy Lawn, are you 227 00:11:50,480 --> 00:11:52,600 listening? Feel like she's beating you to 228 00:11:52,600 --> 00:11:55,880 it, if I'm honest, but. I already owe him the money. 229 00:11:55,880 --> 00:11:57,120 I know that I have to send 1/2 beneath. 230 00:11:57,920 --> 00:12:00,200 You might have, you might have some moral victory, but yeah, 231 00:12:00,200 --> 00:12:01,800 no, you. You've definitely lost that bet. 232 00:12:01,800 --> 00:12:03,560 But obviously. I did lose that bet. 233 00:12:03,560 --> 00:12:05,480 I actually ended up losing $7000 total. 234 00:12:05,520 --> 00:12:09,240 So trust me, I know. I know 7. $1000 to Who else were 235 00:12:09,240 --> 00:12:11,640 you betting against I? I bet this guy 5 grand, we don't 236 00:12:11,640 --> 00:12:13,120 have to talk about it. Moving on. 237 00:12:13,120 --> 00:12:14,160 Nice. Nice. 238 00:12:14,680 --> 00:12:16,640 I mean, I was. I was drunk, OK. 239 00:12:17,800 --> 00:12:19,520 I had a couple of drinks. This guy betting me. 240 00:12:19,520 --> 00:12:21,840 I took the bet, You know, I was, you know, I'm a Solana. 241 00:12:21,840 --> 00:12:23,760 I'm. Yeah. 242 00:12:23,920 --> 00:12:27,400 Anyways. The other big mover has been ton 243 00:12:27,400 --> 00:12:31,000 coin, which is a top 15 coin at this stage, like this is the 244 00:12:31,000 --> 00:12:35,920 Telegram related coin. Telegram nearly hit a billion 245 00:12:35,920 --> 00:12:38,200 users, it's got 900 million users and they announced they're 246 00:12:38,200 --> 00:12:40,000 probably going to do an IPO. So people have been getting very 247 00:12:40,000 --> 00:12:43,480 bullish on Telegram again and the whole ecosystem there that 248 00:12:43,480 --> 00:12:47,240 coin is basically up nearly a 2X over the course of the last few 249 00:12:47,240 --> 00:12:49,720 days having done nothing for a long long time. 250 00:12:50,720 --> 00:12:53,680 So that that one's been rising relatively rapidly. 251 00:12:54,200 --> 00:12:58,160 There was a big air drop today in AVO, AVO it's another L 2-3 252 00:12:58,160 --> 00:13:01,880 and a half billion dollars I think it's come come out as and 253 00:13:01,880 --> 00:13:05,720 then in NFTS it's again it's mainly it's mainly going on with 254 00:13:05,720 --> 00:13:08,160 Solana mid caps at the moment. That's where a lot of the 255 00:13:08,400 --> 00:13:11,640 activities going happening. You have this, you have this 256 00:13:11,640 --> 00:13:14,200 pack moon meme coin on blast today. 257 00:13:14,200 --> 00:13:17,480 Although as we went live, I think I saw that that blast has 258 00:13:17,480 --> 00:13:19,960 stopped producing blocks, which is not uncommon for an L2. 259 00:13:19,960 --> 00:13:22,200 I think this has happened to arbitrary optimism a few times, 260 00:13:22,200 --> 00:13:28,520 but maybe that gets delayed. And then you had a bunch of 261 00:13:28,520 --> 00:13:29,840 different announcements about air drops. 262 00:13:29,840 --> 00:13:33,200 So Tensor came out and said look, we're getting, you guys 263 00:13:33,200 --> 00:13:35,280 are going to get an air drop. All the different collections 264 00:13:35,280 --> 00:13:38,400 which have partnerships with them are hoping to get an air 265 00:13:38,400 --> 00:13:42,360 drop obviously and then you have Magic Eden. 266 00:13:42,360 --> 00:13:45,440 I think their AirDrop, their diamonds AirDrop is going Live 267 00:13:45,440 --> 00:13:49,480 Today as well. So that's been there pudgies 268 00:13:49,480 --> 00:13:55,560 briefly Flipboard apes only to kind of get re flipped I think I 269 00:13:55,560 --> 00:14:00,280 think I saw Cyrus added a bunch of assets to the the lending 270 00:14:00,280 --> 00:14:02,520 market there. So it propped up the board ape 271 00:14:02,520 --> 00:14:08,200 market and and that and then ordinals has been the main 272 00:14:08,200 --> 00:14:09,480 thing, it's continued to push higher. 273 00:14:09,480 --> 00:14:12,080 So like they had a bit of a dip given the strength in Bitcoin 274 00:14:12,520 --> 00:14:16,880 and then they've all hit kind of close to their all time high 275 00:14:16,880 --> 00:14:18,640 again or at least the highs in dollar price. 276 00:14:18,640 --> 00:14:22,400 So NFTS similar sort of trend you've had, you had like a bit 277 00:14:22,400 --> 00:14:25,200 of a bounce in the ecosystem, everything else is a little bit 278 00:14:25,200 --> 00:14:27,280 lower and then ordinals leading the charge. 279 00:14:27,600 --> 00:14:30,480 I think people, people are getting bullish on different 280 00:14:31,440 --> 00:14:33,960 airdrops at the moment. Again, yeah, a lot of them are 281 00:14:33,960 --> 00:14:37,080 on Solana well. But they're having getting 282 00:14:37,080 --> 00:14:38,680 closer on the ordinal side, Mendo. 283 00:14:39,120 --> 00:14:42,640 There's a lot of ruins, chatter and air drops and stuff like 284 00:14:42,640 --> 00:14:44,600 that going on in the. Yeah, that as well. 285 00:14:44,600 --> 00:14:47,600 So like yeah, you got, you got some of that coming and then I 286 00:14:47,600 --> 00:14:49,840 guess the big one, the big ones, the big one on Earth is really 287 00:14:49,840 --> 00:14:51,360 BLAST. Like Blast would be probably the 288 00:14:51,360 --> 00:14:53,360 biggest 1 coming. That's, I feel like that's the 289 00:14:53,360 --> 00:14:55,440 only thing going on, right? Like when it comes to like. 290 00:14:55,760 --> 00:15:00,400 There's a few others, mainly in the L2 ecosystem and the others, 291 00:15:00,400 --> 00:15:04,040 but like if the ones I feel that people are talking about are 292 00:15:04,040 --> 00:15:07,720 yeah, like the cross chain stuff, some obviously this 293 00:15:07,720 --> 00:15:10,120 Athena, I don't know if you've been following the D5 space at 294 00:15:10,120 --> 00:15:12,800 all, but Athena is the new hot thing in D5. 295 00:15:13,320 --> 00:15:19,280 You get about 65% yield on stable coins at the moment so 296 00:15:19,280 --> 00:15:22,720 that's that's gotten nearly a billion dollars of TVL in about 297 00:15:22,720 --> 00:15:27,320 two weeks. It's led by Dragonfly and and 298 00:15:27,320 --> 00:15:30,600 Arthur Hayes. But it's it may sound like 299 00:15:30,880 --> 00:15:34,120 another lunar. I think this one actually is 300 00:15:34,120 --> 00:15:37,280 interesting like there are some risks they've basically built 301 00:15:37,440 --> 00:15:42,720 built a a synthetic dollar which again that should cause some 302 00:15:42,720 --> 00:15:45,000 alarm bells for you. You shouldn't just you shouldn't 303 00:15:45,200 --> 00:15:47,240 just believe anything that people say. 304 00:15:47,240 --> 00:15:50,760 But having looked into this I do think it's interesting. 305 00:15:50,760 --> 00:15:54,360 I do think it's the risks are you basically benefit from the 306 00:15:54,360 --> 00:15:58,600 funding rates in markets. So like right now for ETH it 307 00:15:58,600 --> 00:16:04,720 cost you about 75% funding rate to be long ETH a year and Athena 308 00:16:04,720 --> 00:16:07,920 has found a way for you to capture that funding rate. 309 00:16:08,160 --> 00:16:12,640 So if funding rates in in in the market are high like they are 310 00:16:12,640 --> 00:16:16,240 right now for Bitcoin ETH it's like 50 to 75% a year to hold a 311 00:16:16,240 --> 00:16:19,400 Bitcoin ETH long. For ALTS it's 100% plus. 312 00:16:19,760 --> 00:16:23,920 That's the sort of market where this would be valuable, but then 313 00:16:23,920 --> 00:16:26,080 in bear markets this product wouldn't be that valuable. 314 00:16:26,080 --> 00:16:30,840 So it is, it is kind of a bull market yield product let's put 315 00:16:30,840 --> 00:16:32,720 it that way. But that's done very, very well 316 00:16:33,000 --> 00:16:36,920 and that's taken up a lot of the a lot of attention and that will 317 00:16:36,920 --> 00:16:39,840 be a big, that will be a big drop like I reckon that will be 318 00:16:40,240 --> 00:16:42,400 you know 5 to 10 billion maybe, maybe more. 319 00:16:43,720 --> 00:16:47,680 Wow, that is that is huge. Well, if we're on the topic of 320 00:16:47,680 --> 00:16:50,080 blast and everything going on, dance and upgrade, blah blah. 321 00:16:50,080 --> 00:16:56,520 I mean OV Blast King CEO of Blast Interim that is. 322 00:16:56,840 --> 00:16:59,320 But how we how we feeling about Pack Moon today. 323 00:16:59,320 --> 00:17:01,880 I know that's like of course like that's a big big narrative 324 00:17:01,880 --> 00:17:04,520 for the day if it happens obviously. 325 00:17:04,520 --> 00:17:09,359 Saw the Blast L2 tweet that Mando was referring to from 10 326 00:17:09,359 --> 00:17:11,520 minutes ago saying the Blast Maynet has stopped producing 327 00:17:11,520 --> 00:17:13,400 blogs two issues related to Ethereum's Denson upgrade. 328 00:17:14,640 --> 00:17:17,000 Core engineering contributors are working on a fix. 329 00:17:17,000 --> 00:17:19,079 We'll show an update and post mortem once the fix is on in 330 00:17:19,079 --> 00:17:21,319 3060 minutes. They'll obviously this has 331 00:17:21,319 --> 00:17:23,680 happened before two other chains, so it's not like, oh, 332 00:17:23,680 --> 00:17:26,440 it's just a blasting, but how do you how do you feeling about all 333 00:17:26,440 --> 00:17:27,640 that? Like what's What's the deal with 334 00:17:27,640 --> 00:17:32,360 PAC1, dude? It's just a social farming meme 335 00:17:32,360 --> 00:17:35,280 coin that's coming on on blast. So that's that's all it is. 336 00:17:35,280 --> 00:17:37,280 I thought it was like a whole product, like it's just a meme 337 00:17:37,400 --> 00:17:38,520 coin. Just a meme coin. 338 00:17:39,160 --> 00:17:40,120 Nice. I like that. 339 00:17:40,640 --> 00:17:42,160 Yeah, I think it'll be interesting. 340 00:17:42,160 --> 00:17:45,400 Like they have 170,000 followers or something on Twitter now. 341 00:17:45,400 --> 00:17:48,280 So I think they've kind of figured out the social hacking 342 00:17:48,360 --> 00:17:50,840 aspect of it. So we'll see. 343 00:17:50,840 --> 00:17:53,360 I would say it's the most, I would say it's probably the most 344 00:17:53,360 --> 00:17:56,920 eagerly anticipated. Are you still up there? 345 00:17:56,920 --> 00:17:59,080 I look at this. I have 60,000 points now. 346 00:17:59,240 --> 00:18:00,880 It's not bad. I'm 13 hundredth. 347 00:18:00,960 --> 00:18:03,800 I think I'm 6th. I don't know which one. 348 00:18:03,880 --> 00:18:05,400 I can't remember. Yeah, I can't remember my 349 00:18:05,400 --> 00:18:06,240 wallet. Yeah. 350 00:18:06,440 --> 00:18:07,880 So did. Did you're gonna? 351 00:18:07,960 --> 00:18:12,760 Well, you probably have over 141 million coins of whatever Moon 352 00:18:12,760 --> 00:18:15,600 Pack Moon is going to be around there, if you're like top ten 353 00:18:15,600 --> 00:18:18,600 anyway, so. Yeah, they said 40% is being 354 00:18:18,600 --> 00:18:24,080 distributed to blast bridges and then some has been, some have 355 00:18:24,080 --> 00:18:28,240 been distributed to the farming aspect of it and some are being 356 00:18:28,240 --> 00:18:31,000 distributed to people who got rugged on the risk on blast. 357 00:18:31,080 --> 00:18:32,160 Thing. Yeah, I saw that. 358 00:18:33,280 --> 00:18:34,920 Yeah, I thought that I'm. Guessing the team will have some 359 00:18:34,920 --> 00:18:38,320 etcetera. So yeah I think it'll be it'll 360 00:18:38,320 --> 00:18:39,440 be interesting to see what happens. 361 00:18:39,560 --> 00:18:42,800 I don't we haven't really seen anything on Blast in my opinion 362 00:18:42,800 --> 00:18:45,520 take off like I'm sure people on Blast have probably made some 363 00:18:45,520 --> 00:18:48,520 money but for me it hasn't really hit my mainstream 364 00:18:48,520 --> 00:18:50,560 timeline. So I'm curious to see if this 365 00:18:50,560 --> 00:18:55,080 one if this one. Ad day Ad day to to launch a 366 00:18:55,080 --> 00:18:57,760 blast theme going, isn't it? It is right with the upgrade. 367 00:18:57,800 --> 00:19:00,680 It's probably not the best thing to do when like you have really 368 00:19:00,680 --> 00:19:03,000 like an upgrade going on. They should just delay it, They 369 00:19:03,000 --> 00:19:04,320 should delay it 24 hours I reckon. 370 00:19:04,440 --> 00:19:06,480 But you know what? They they should have known this 371 00:19:06,480 --> 00:19:08,040 in advance. So isn't this Denton upgrade 372 00:19:08,040 --> 00:19:12,680 been planned forever? Yeah, but like this isn't not 373 00:19:12,680 --> 00:19:14,360 all the L2's have stopped working because. 374 00:19:14,400 --> 00:19:15,040 I get it. I get. 375 00:19:15,080 --> 00:19:15,800 I get it. You're right. 376 00:19:15,880 --> 00:19:16,840 They should have. This is the boss. 377 00:19:16,960 --> 00:19:19,320 This sounds like it'll be. Sounds like it'll be fixed in an 378 00:19:19,320 --> 00:19:20,360 hour. So I don't think. 379 00:19:20,360 --> 00:19:23,640 And the the timing for this drop is going to be like afternoon, 380 00:19:23,840 --> 00:19:26,560 afternoon, PST time. So yeah, I didn't have enough 381 00:19:26,560 --> 00:19:28,720 hours to get it done still. Interesting. 382 00:19:28,760 --> 00:19:32,360 Listen, blasts community coin. So that's what it says. 383 00:19:32,720 --> 00:19:34,760 Obviously everybody here, and if they do what we are, tread 384 00:19:34,760 --> 00:19:36,520 lightly. We'll see what happens there. 385 00:19:36,520 --> 00:19:39,160 But it's highly anticipated. There's a lot of stuff going on. 386 00:19:39,160 --> 00:19:41,360 And be careful. Like with highly anticipated 387 00:19:41,480 --> 00:19:45,280 drops, 170,000 followers. That's that's insane. 388 00:19:45,880 --> 00:19:48,080 That's actually crazy when you think about it. 389 00:19:48,920 --> 00:19:51,200 Dude, we're so back. My God, yes. 390 00:19:52,320 --> 00:19:54,720 Anyways, like, just be careful. It's all the scams, phishing 391 00:19:54,720 --> 00:19:57,600 links, like I'm seeing. We're back to the poor. 392 00:19:57,600 --> 00:19:59,600 I'm seeing at least one phishing post per day. 393 00:20:00,360 --> 00:20:04,280 Like someone saying they got got like by like like a transaction 394 00:20:04,280 --> 00:20:06,920 they're signing etcetera so be careful etcetera. 395 00:20:07,680 --> 00:20:12,560 Anyways back to the quickly I want to go quickly over the the 396 00:20:12,560 --> 00:20:16,880 the upgrade you know you have Byron here we got this tweet by 397 00:20:16,880 --> 00:20:21,120 Byron looping looping dot ETH saying that that Denson upgrade. 398 00:20:21,880 --> 00:20:24,680 I say Denson because I've heard Denson but some people like 399 00:20:24,680 --> 00:20:28,080 Denkin do we have a is it Denkin it's I. 400 00:20:28,360 --> 00:20:30,720 Believe it's a merging of two words. 401 00:20:30,720 --> 00:20:33,600 I know one of them is Cancun. It used to remember this used to 402 00:20:33,600 --> 00:20:37,600 be the Cancun upgrade and then they delayed it so it became the 403 00:20:37,600 --> 00:20:40,400 Denkins. I think Denkins must be another 404 00:20:40,400 --> 00:20:42,120 place or something like that, I don't know. 405 00:20:43,400 --> 00:20:44,480 Denkin. Denkin. 406 00:20:44,560 --> 00:20:45,560 All right, all right. I'll see. 407 00:20:46,440 --> 00:20:48,360 I know. I I've been seeing Denson 408 00:20:48,360 --> 00:20:49,720 because it sounds weird. See Dankin. 409 00:20:49,720 --> 00:20:53,080 But you're not thinking it is. So the Denkin upgrade today is a 410 00:20:53,080 --> 00:20:56,640 huge milestone for Ethereum. It hasn't caught as on as the 411 00:20:56,640 --> 00:20:59,200 main narrative yet because it's super technical. 412 00:20:59,240 --> 00:21:01,360 True. But today the narrative changes 413 00:21:01,360 --> 00:21:05,320 from today on Ethereum L twos plus L threes take over 414 00:21:05,480 --> 00:21:07,800 Ethereum. Security, global scale, scale. 415 00:21:08,000 --> 00:21:12,120 No more compromising. Can any of you two explain to me 416 00:21:12,120 --> 00:21:14,960 what this all means in NBA terms? 417 00:21:16,440 --> 00:21:18,880 It's OK if you can't. I thought, I'm leaving, yeah. 418 00:21:19,920 --> 00:21:23,040 This is this is the introduction of proto dank sharding. 419 00:21:23,720 --> 00:21:25,080 Here we, here we. Go. 420 00:21:27,400 --> 00:21:29,440 Yes, Sir. That's my boy. 421 00:21:33,000 --> 00:21:33,480 Go. There's time. 422 00:21:34,400 --> 00:21:36,480 For it, look at it, there's. A decrypt article about it. 423 00:21:37,000 --> 00:21:38,640 There is a decrypt article about it for people. 424 00:21:39,200 --> 00:21:41,480 Yeah, we don't. The TLDR as it reduces fees for 425 00:21:41,480 --> 00:21:43,880 L2's I think is the main thing you that's the TLDR. 426 00:21:44,480 --> 00:21:47,160 Yes, that's honestly, this is what I meant by explaining this 427 00:21:47,160 --> 00:21:49,480 to me in NBA terms. That's all we need to know. 428 00:21:49,680 --> 00:21:53,520 The 312 people listening live and the 2700 people on video, 429 00:21:53,640 --> 00:21:56,120 that's all they wanted to know what it means for their, for 430 00:21:56,120 --> 00:21:59,160 their bags. It means that the gas fees, you 431 00:21:59,160 --> 00:22:01,840 know, are going to start luring. And that's something that 432 00:22:01,840 --> 00:22:04,200 Vitalik wrote about most recently. 433 00:22:04,840 --> 00:22:06,840 And he's been writing, replying to people a lot right. 434 00:22:06,840 --> 00:22:09,240 Like when you saw that tweet saying, remember the guy when 435 00:22:09,240 --> 00:22:12,600 he's tweeted abolish he tweeted abolish daylight saving. 436 00:22:12,600 --> 00:22:14,880 And this guy quote tweeted him this puppet like oh why don't 437 00:22:14,880 --> 00:22:16,720 you focus on gas season? He replied to him saying, yo 438 00:22:16,720 --> 00:22:18,120 this is literally what this upgrade does. 439 00:22:18,400 --> 00:22:19,720 Pretty much. I mean he didn't say, yo, this 440 00:22:19,720 --> 00:22:22,520 is what this upgrade does. But in Vitalic terms you know 441 00:22:22,520 --> 00:22:23,880 it's this is what it's all about. 442 00:22:23,880 --> 00:22:26,720 So I would advise, you know obviously reading this article 443 00:22:26,720 --> 00:22:29,560 just put Dankin upgrade decrypt on Google it's there. 444 00:22:29,960 --> 00:22:32,360 Dinger upgrade goes live. I'll show a new era for 445 00:22:32,360 --> 00:22:35,160 Ethereum. So it's, you know, our our very 446 00:22:35,160 --> 00:22:38,080 own Sander wrote a great article about it for those of you who 447 00:22:38,080 --> 00:22:40,240 want to get a little more technical on the matter. 448 00:22:40,240 --> 00:22:44,280 But what you need to know is that it will, you know, somehow 449 00:22:44,280 --> 00:22:48,440 help on the gas fees front. And if not, if that's still not 450 00:22:48,440 --> 00:22:50,360 low enough for you, there's Solana. 451 00:22:52,200 --> 00:22:54,880 I think this is the point it's it's it's trying to compete with 452 00:22:54,880 --> 00:22:58,720 Solana both from a speed and from a cost perspective. 453 00:22:58,720 --> 00:23:02,560 So even on some of these L2's like Arbitrum, it still does 454 00:23:02,560 --> 00:23:04,520 cost you to to do. I don't know if you've ever 455 00:23:04,520 --> 00:23:06,640 tried to do like D. Fine stuff is very low. 456 00:23:06,680 --> 00:23:09,400 I've done D fine ARB like it's like even though. 457 00:23:10,960 --> 00:23:12,920 At times, it's been high. Like. 458 00:23:13,360 --> 00:23:15,440 It's it's it's been high in the past. 459 00:23:15,440 --> 00:23:19,240 It's really going to reduce that people have said like if if the 460 00:23:19,240 --> 00:23:23,120 data availability layer also gets merged as things like 461 00:23:24,120 --> 00:23:27,880 Celestia, you could see like a real flex for example. 462 00:23:28,120 --> 00:23:32,000 Tia it might pump today because it that also gets unlocked with 463 00:23:32,000 --> 00:23:33,880 this. That's another way for L2's 464 00:23:33,880 --> 00:23:36,400 become much cheaper. Like Tia's been in a fucking 465 00:23:36,400 --> 00:23:44,720 multi month consolidation pattern around 1617 that's 466 00:23:44,720 --> 00:23:46,520 another coin which like could get unlocked with this. 467 00:23:46,520 --> 00:23:49,720 So some people have been buying Tia in preparation for that. 468 00:23:50,200 --> 00:23:54,120 But I think it's a it is, it is a big deal. 469 00:23:54,400 --> 00:23:57,480 I think it's a big deal if you really believe in modularity. 470 00:23:57,920 --> 00:24:03,400 But by that I mean the idea of L twos, L threes, you know, you 471 00:24:03,480 --> 00:24:07,480 buying into the whole ecosystem play or beef if you're if you're 472 00:24:07,480 --> 00:24:10,680 more of a monolithic guys and like you like everything being 473 00:24:10,680 --> 00:24:15,720 done on one in one place like your Solanas and some of these 474 00:24:15,720 --> 00:24:18,280 other L ones like Avalanche for example. 475 00:24:18,280 --> 00:24:20,960 Or yeah, there's various different ones that have tried 476 00:24:20,960 --> 00:24:25,960 to do it like that. Then then this isn't that much 477 00:24:25,960 --> 00:24:28,400 of a big deal, but this, this does this just really play into 478 00:24:28,400 --> 00:24:32,000 the idea that ETH is building L twos, L threes. 479 00:24:32,320 --> 00:24:36,360 ETH really becomes the base layer where it's going to be 480 00:24:36,360 --> 00:24:39,440 increasingly like you're going to be pushed to do stuff on on 481 00:24:39,440 --> 00:24:43,280 things like arbitrary and optimism and those coins as 482 00:24:43,280 --> 00:24:45,760 well, like it's really going to change the revenue of those 483 00:24:45,760 --> 00:24:48,680 coins. So that's why people are getting 484 00:24:48,680 --> 00:24:51,240 bullish on like the L2 coins themselves on the back of this 485 00:24:51,240 --> 00:24:54,240 book. OK, I think. 486 00:24:54,240 --> 00:24:57,680 It's like by a factor of 10 or 20 increase the revenue of all 487 00:24:57,680 --> 00:24:59,040 these L twos. Yeah, that's good. 488 00:24:59,040 --> 00:25:01,640 I mean it says we are focused on scaling and reducing fees in L2 489 00:25:01,640 --> 00:25:05,200 at a time when theorems usage is reaching high volumes again and 490 00:25:05,200 --> 00:25:08,520 gas fees are noticeable cost of to most users. 491 00:25:08,520 --> 00:25:11,320 And that's from a theorem core dev Preston Van Loon I was 492 00:25:11,320 --> 00:25:12,880 telling the crypt so it's this will. 493 00:25:13,600 --> 00:25:18,440 This will not affect L1 fees, or at least it probably won't. 494 00:25:18,520 --> 00:25:24,120 No, it's four LP, it's 4. LP increase L2L1 fees, so don't 495 00:25:24,120 --> 00:25:27,400 expect your experience on Theorem L1 to improve. 496 00:25:27,760 --> 00:25:28,680 Yeah, no, it's good. It's good. 497 00:25:28,760 --> 00:25:32,320 Anyways, there's a there's a ton of articles about it on there 498 00:25:32,840 --> 00:25:33,760 also. Actually, I may as well. 499 00:25:33,760 --> 00:25:35,240 I mean I may as well bring Stacey up. 500 00:25:35,240 --> 00:25:38,320 What's up, Stacey, if we're talking because I just oh, can 501 00:25:38,320 --> 00:25:40,000 you can you get. Yeah, yeah, you see OK yeah, I'm 502 00:25:40,800 --> 00:25:42,560 here. I mean the the other article is 503 00:25:42,560 --> 00:25:44,440 really from you. I mean, yeah. 504 00:25:44,680 --> 00:25:47,000 I was going to say like. I'm like, in the studio. 505 00:25:47,000 --> 00:25:48,760 What am I doing here? Talking. 506 00:25:49,000 --> 00:25:52,320 You know, I'm throwing a grenade at my boys when Stacey Elliott 507 00:25:52,320 --> 00:25:55,680 literally wrote the article about Theorem L2's Arbitrary 508 00:25:55,680 --> 00:25:58,000 Optimism and Polygon C games ahead of the Duncan upgrade. 509 00:25:58,320 --> 00:26:00,960 Did we do a good job, Stacey? And did we miss on anything? 510 00:26:01,280 --> 00:26:03,120 OK. I don't think you guys really 511 00:26:03,120 --> 00:26:05,040 miss on anything. You're you're right. 512 00:26:05,040 --> 00:26:09,080 Like we were seeing, you know, like people were looking bullish 513 00:26:09,080 --> 00:26:12,800 on a lot of the L2 tokens today. Basically, the operating costs 514 00:26:12,800 --> 00:26:15,000 for all of these L2's are going to go down. 515 00:26:15,640 --> 00:26:18,400 Like you guys were saying, it's gonna get much, much cheaper to 516 00:26:18,400 --> 00:26:20,680 transact on there. Like already the value prop of 517 00:26:20,680 --> 00:26:23,840 the L2 was just that you can transact technically on Etherium 518 00:26:23,840 --> 00:26:28,040 but just for much, much cheaper. It's going to get even cheaper. 519 00:26:28,040 --> 00:26:30,840 So just I think the the economies on all of those L twos 520 00:26:30,840 --> 00:26:33,080 is going to change dramatically. I think we're going to see a lot 521 00:26:33,080 --> 00:26:35,360 more volume shift over to the L twos. 522 00:26:36,320 --> 00:26:37,520 It's going to be really interesting. 523 00:26:37,520 --> 00:26:41,160 I think I was like watching the Ethereum dev live stream when it 524 00:26:41,160 --> 00:26:43,040 happened. I like grabbed that screenshot 525 00:26:43,040 --> 00:26:45,040 of like the ASCII art of the BLOB. 526 00:26:46,920 --> 00:26:48,760 There was this What's this BLOB thing? 527 00:26:48,760 --> 00:26:50,760 I've seen it around, but I've been like I might. 528 00:26:50,760 --> 00:26:53,200 Have not I mentioned blobs? And. 529 00:26:53,640 --> 00:26:55,720 It is. It's data. 530 00:26:56,440 --> 00:26:58,040 I don't know if I can go too much farther than that. 531 00:26:58,040 --> 00:27:01,040 It's a way that they are organizing data that is way more 532 00:27:01,040 --> 00:27:04,560 efficient and cost effective than it was previously 'cause. 533 00:27:04,760 --> 00:27:08,120 I was. I thought it wasn't OK, got it. 534 00:27:08,480 --> 00:27:11,760 I was like 10,000 blobs on blast, you know, the blast 535 00:27:11,760 --> 00:27:13,480 blobs. We're going to get the blast 536 00:27:13,480 --> 00:27:15,600 blobs, we're going to Solana blobs, we're going to get the 537 00:27:15,600 --> 00:27:18,080 the Arbitron blobs soon and everything I thought it was, I 538 00:27:18,080 --> 00:27:20,480 thought it was going to turn into a whole NFT Project meme 539 00:27:20,480 --> 00:27:22,800 coin for a second. That's why I thought it was, but 540 00:27:23,000 --> 00:27:25,840 you know, that's I would be shocked. 541 00:27:25,840 --> 00:27:28,480 If we don't see like a BLOB and a tea collection, really. 542 00:27:29,080 --> 00:27:31,080 Like. Like probably today. 543 00:27:31,720 --> 00:27:34,600 Literally it's really gonna happen today for sure because 544 00:27:34,600 --> 00:27:37,960 that's been the big thing just going around before we go into 545 00:27:37,960 --> 00:27:41,280 into what we want to talk about about D Jens and what we're 546 00:27:41,280 --> 00:27:44,280 building on there. Obviously there was on the you 547 00:27:44,480 --> 00:27:47,960 know still since we're talking L twos like base, there's a 548 00:27:47,960 --> 00:27:52,400 Frentech Frentech Frentech V2 has a date or at least close. 549 00:27:52,880 --> 00:27:56,520 They're saying Frentech V2 is launching the week after 4:20. 550 00:27:56,680 --> 00:27:59,720 So we have somewhat, we don't have a date but we have an air. 551 00:27:59,720 --> 00:28:04,280 I have to say I'm a big fan of like I'm a big fan of the 552 00:28:04,280 --> 00:28:05,520 content. I love this stuff. 553 00:28:06,000 --> 00:28:07,840 I love this. Like, I think it's so cool, but 554 00:28:07,840 --> 00:28:13,280 you know, let's see what it is. I think I'm starting to feel 555 00:28:13,280 --> 00:28:16,640 like a lot of people may be sleeping on this, given like the 556 00:28:16,640 --> 00:28:19,200 past, like how it was we waited this and that, the ups and downs 557 00:28:19,200 --> 00:28:20,520 and frantic. I don't know how you feel about 558 00:28:20,520 --> 00:28:23,400 that, Mando, but I think a lot of people are like sleeping on 559 00:28:23,400 --> 00:28:25,000 this. This could be a really big air 560 00:28:25,000 --> 00:28:28,600 drop moment for the space. The points for trading at a high 561 00:28:28,600 --> 00:28:30,960 level recently? I don't know. 562 00:28:31,040 --> 00:28:34,080 Like you need users, right? This isn't just like an air 563 00:28:34,080 --> 00:28:35,360 dropper. Hopefully, hopefully, they 564 00:28:35,360 --> 00:28:38,160 actually get some users back. It feels like Forecaster did a 565 00:28:38,160 --> 00:28:42,960 much better job in like taking control of that social aspect 566 00:28:42,960 --> 00:28:44,720 again. But let's see. 567 00:28:44,720 --> 00:28:48,960 Maybe they're going to change things and incentivize users in 568 00:28:48,960 --> 00:28:51,320 a different way. Yeah, let's see, Let's see, 569 00:28:51,320 --> 00:28:52,320 let's see, let's see. So there's that. 570 00:28:52,320 --> 00:28:55,240 And then last but not least you know there's a few things 571 00:28:55,440 --> 00:28:59,200 obviously on X that went down that I thought were was 572 00:29:00,480 --> 00:29:07,120 hilarious but this guy here shout out to Brenham Schlagbaum 573 00:29:07,880 --> 00:29:12,160 CPA imagine having crypto as your only hope for wealth so 574 00:29:12,160 --> 00:29:18,360 that that was a funny one that that did the rounds you know 575 00:29:18,360 --> 00:29:22,280 obviously was was memed to to Valhalla by by crypto Twitter. 576 00:29:22,280 --> 00:29:26,160 So good job CT fellow C TS I know you're. 577 00:29:26,200 --> 00:29:29,680 Going to retweet him live now. I was going to quote, tweet. 578 00:29:29,680 --> 00:29:32,600 I usually do quote, tweet and reply to people live on Air CC. 579 00:29:33,880 --> 00:29:37,480 I'm going to keep it PG here. But you know, it's just, I have 580 00:29:37,480 --> 00:29:42,600 to say I love it when CT like, you know, he's the meme, right? 581 00:29:42,600 --> 00:29:45,480 Like this meme has been going around for days already and now 582 00:29:45,480 --> 00:29:47,680 you have him filling the meme. Like the memes just write 583 00:29:47,680 --> 00:29:51,280 themselves, you know, they we are so early, we're so early. 584 00:29:51,280 --> 00:29:52,120 Y'all. And you know what? 585 00:29:52,320 --> 00:29:55,080 There's nothing that brings Ethereum Maxis like Evans. 586 00:29:55,600 --> 00:29:59,040 And so a lot of man sees like Ansum more than a common enemy, 587 00:29:59,320 --> 00:30:01,160 a mutual enemy. Like we were literally talking 588 00:30:01,160 --> 00:30:02,720 about Evans yesterday, right. OV Amanda. 589 00:30:02,720 --> 00:30:05,080 It was so funny like how he's like more on the at the air Maxi 590 00:30:05,080 --> 00:30:08,680 side and I'm looking at this and I see Ansum and I see Evans 591 00:30:08,680 --> 00:30:10,960 dunking on him. So there's nothing that brings 592 00:30:10,960 --> 00:30:13,440 CT more together than than something like that. 593 00:30:13,440 --> 00:30:17,640 And I absolutely love that. You know, we have, we have and 594 00:30:17,640 --> 00:30:19,360 then you have Jebus. Everybody look at it. 595 00:30:19,360 --> 00:30:21,360 I mean Loom Dart, Bitlord, poor Dart. 596 00:30:21,360 --> 00:30:25,640 It's so funny though. Everybody just just started you 597 00:30:25,640 --> 00:30:28,280 know piling in on that of course K money you know gifted us with 598 00:30:28,280 --> 00:30:31,040 another great video. So I thought that was super 599 00:30:31,040 --> 00:30:35,760 funny on the on on that side. And then the other thing of 600 00:30:35,760 --> 00:30:40,280 course I mean come on are we gonna talk about this sailor? 601 00:30:40,280 --> 00:30:42,800 Hold on this is not the this is a remix video. 602 00:30:42,800 --> 00:30:44,680 Let me get you the. Video is amazing though. 603 00:30:44,680 --> 00:30:46,240 You gotta watch the video. Yeah, I've. 604 00:30:46,400 --> 00:30:47,680 I mean, I've watched it 20 times. 605 00:30:47,680 --> 00:30:49,680 I do have to play it one more time for the show. 606 00:30:49,680 --> 00:30:53,400 I mean, we have to. They want to sell it. 607 00:30:53,960 --> 00:30:56,480 Eventually, because they well. Because they want to sell it 608 00:30:56,480 --> 00:30:58,520 eventually, Michael. I mean, let's be honest, most of 609 00:30:58,520 --> 00:31:00,480 the people who are, yes. Sure, if some. 610 00:31:00,480 --> 00:31:03,280 People pass it on to their children, but like most of the 611 00:31:03,280 --> 00:31:06,560 people who are buying assets at some point want to sell the 612 00:31:06,560 --> 00:31:08,600 assets at a profit. So I. 613 00:31:08,680 --> 00:31:10,040 Mean. Let me say it a different way. 614 00:31:10,240 --> 00:31:14,760 People that use Fiat currency as a store of value, there's a name 615 00:31:14,760 --> 00:31:16,200 for them. We call them poor. 616 00:31:16,680 --> 00:31:18,920 OK. Anything in the? 617 00:31:19,000 --> 00:31:24,040 Poor state because they. Based. 618 00:31:25,120 --> 00:31:29,040 Based chose Rich Savage, like all of the above, like, Oh my 619 00:31:29,040 --> 00:31:37,320 God, man on national television. But it was funny. 620 00:31:37,840 --> 00:31:43,560 You have a person that owns much less assets than him trying to 621 00:31:43,560 --> 00:31:48,760 like in a like, write Stacy in the most patronizing way and 622 00:31:48,760 --> 00:31:51,800 belittling way. Tell him what assets and risk 623 00:31:51,800 --> 00:31:53,600 management is like. Dude, this guy's like a multi 624 00:31:53,640 --> 00:31:55,320 billionaire, you know what I mean? 625 00:31:55,720 --> 00:31:57,640 You try to teach this multi billionaire what assets are you? 626 00:31:57,640 --> 00:31:59,120 News Inc. You know what I mean? 627 00:31:59,120 --> 00:32:01,280 It's like sailors comes on this show. 628 00:32:01,280 --> 00:32:03,080 I'm not going to tell him what to do with his assets. 629 00:32:03,680 --> 00:32:06,120 I want him to tell me to that I'm poor. 630 00:32:06,240 --> 00:32:08,720 You know what I mean? I would love for him to come to 631 00:32:08,720 --> 00:32:10,920 the show and tell me I'm poor. Anyways that. 632 00:32:11,360 --> 00:32:13,400 Would be a. Moment. 633 00:32:13,440 --> 00:32:16,120 And on the back of that we saw champagne Poppy. 634 00:32:16,520 --> 00:32:19,800 You know the champagne poppy. Drake sharing that as well. 635 00:32:19,800 --> 00:32:22,960 So the clip is like super viral. Saw it into crypt as well. 636 00:32:22,960 --> 00:32:24,800 I know you guys picked it up and wrote about it, so I thought it 637 00:32:24,800 --> 00:32:26,480 was super fun. Had to share the rest on the 638 00:32:26,480 --> 00:32:27,480 show today. That was a big highlight 639 00:32:27,480 --> 00:32:28,600 yesterday. I think I watched the video like 640 00:32:28,600 --> 00:32:31,560 20 times over. So hey, if you don't own 641 00:32:31,560 --> 00:32:35,400 Bitcoin, you are poor according to Michael Saylor. 642 00:32:37,080 --> 00:32:38,960 Well, I have Bitcoin puppets so I guess that counts, right? 643 00:32:39,640 --> 00:32:42,480 Anyways, there is that I know I'm running out of them. 644 00:32:42,480 --> 00:32:44,200 I got to talk to you guys about Stacey and stuff. 645 00:32:44,200 --> 00:32:46,840 I see Richard already joining us on the show on the on the in the 646 00:32:46,840 --> 00:32:48,360 in the studio. So we can talk about all this, 647 00:32:48,360 --> 00:32:51,320 but sorry, there's just so much to talk about again in the space 648 00:32:51,560 --> 00:32:54,280 that I never hit on everything. We'll talk more NFT stuff later 649 00:32:54,280 --> 00:32:57,200 with Tensor announcing the AirDrop magic, Eden Diamond 650 00:32:57,200 --> 00:32:59,320 AirDrop for 8th Traders. Like there's a whole war going 651 00:32:59,320 --> 00:33:02,360 on on that side of the marketplace, and I am here for 652 00:33:02,360 --> 00:33:04,440 it. Love that it's only better for 653 00:33:04,440 --> 00:33:09,640 the user at the end of the day. So anyways, Stacey OSF Mando, 654 00:33:11,400 --> 00:33:13,280 let's talk business. I heard. 655 00:33:13,680 --> 00:33:16,560 No, I mean, I heard, I've known for a while now, but I was 656 00:33:16,560 --> 00:33:20,840 really happy to see The Post go live yesterday across D Jens, 657 00:33:20,840 --> 00:33:23,040 the Crypt Rock Radio or all our accounts, blah blah. 658 00:33:23,040 --> 00:33:27,200 The Crypt and D Jens are partnering for the launch of D 659 00:33:27,200 --> 00:33:29,720 Gen. Alley, which is a super, super 660 00:33:29,720 --> 00:33:33,280 cool product and tool that we're really happy to work on 661 00:33:33,280 --> 00:33:35,160 together. If you're familiar with this 662 00:33:35,160 --> 00:33:38,280 show, you're obviously familiar with D Jens dot finance because 663 00:33:38,280 --> 00:33:41,360 it's really the product that the boys have built with their team. 664 00:33:41,760 --> 00:33:43,040 We share it every day on the show. 665 00:33:43,040 --> 00:33:44,560 We'll continue to share it every day on the show where we're 666 00:33:44,560 --> 00:33:46,520 talking NFTS etcetera, etcetera. There's a lot of stuff there. 667 00:33:46,520 --> 00:33:48,800 They track ETF inflows, outflows, they track what's 668 00:33:48,800 --> 00:33:51,000 going on with blast. They track Alpha, they track, 669 00:33:51,200 --> 00:33:54,280 there's market reports, NFT reports on across all chains. 670 00:33:54,960 --> 00:33:57,640 They cover like Bitcoin, Solana, ETF, NFTS, volume. 671 00:33:57,800 --> 00:34:00,000 It's like they do one stop shop for everything and guess what 672 00:34:00,120 --> 00:34:03,400 it's free. So that's the best part of it 673 00:34:03,400 --> 00:34:07,360 all and we finally finally partnered with the boys here to 674 00:34:07,400 --> 00:34:11,000 to launch you know the product on on the crypt here. 675 00:34:11,000 --> 00:34:14,560 So Stacy, maybe from your perspective can I want to want 676 00:34:14,560 --> 00:34:17,400 to hear from you, you know what's what's, what you're going 677 00:34:17,400 --> 00:34:20,880 to do with this and how you're approaching on the crypt side. 678 00:34:20,880 --> 00:34:24,239 And of course like mind OV happy to chit chat about this permit 679 00:34:24,239 --> 00:34:25,440 with Y'all before we get to hive mind. 680 00:34:26,280 --> 00:34:29,639 So this is it. It's great to like now have a 681 00:34:29,639 --> 00:34:32,560 hub that like all of our market stuff can kind of live in. 682 00:34:33,040 --> 00:34:35,000 So basically that's what D Gen. Alley is like. 683 00:34:35,000 --> 00:34:36,920 This is the place that you should be going if you're trying 684 00:34:36,920 --> 00:34:38,400 to check prices. You want to figure out what's 685 00:34:38,400 --> 00:34:41,480 launching soon, who's minting soon, when things are going to 686 00:34:41,480 --> 00:34:43,000 drop I. Don't. 687 00:34:43,880 --> 00:34:46,320 Know I I love it because we kind of borrowed some of the look and 688 00:34:46,320 --> 00:34:50,320 feel of like D Gen's finance and kind of like brought it into the 689 00:34:50,320 --> 00:34:53,120 crypt. And then the other thing that's 690 00:34:53,120 --> 00:34:55,120 happening with this is that we're also going to have you can 691 00:34:55,120 --> 00:34:57,320 see on the screen now these degens reports. 692 00:34:57,320 --> 00:35:01,360 So if you already have degens and you already have access to 693 00:35:01,360 --> 00:35:03,920 it, basically what we're going to do is like give you a year 694 00:35:03,920 --> 00:35:07,040 for free to decide if you want to keep paying for it. 695 00:35:07,880 --> 00:35:12,000 And then for everyone else, it's this is like a $40 a month 696 00:35:12,000 --> 00:35:14,960 subscription thing to get access to these like special Alpha 697 00:35:14,960 --> 00:35:18,120 AirDrop reports, basically what we're doing. 698 00:35:18,120 --> 00:35:19,760 And these guys have been doing this for years, if you don't 699 00:35:19,760 --> 00:35:23,320 already know is they're looking for the NFT collections and the 700 00:35:23,320 --> 00:35:26,040 different AirDrop opportunities. They're doing all of that 701 00:35:26,040 --> 00:35:28,800 research for you, putting it into like a really nice report. 702 00:35:29,120 --> 00:35:31,600 And they were wrapping that up and sending them out every week. 703 00:35:33,080 --> 00:35:35,080 I kind of want to at some point start trying to figure out, 704 00:35:35,080 --> 00:35:37,200 like, tracking, like, how much money. 705 00:35:37,200 --> 00:35:39,360 OK, Like if you'd signed up a month ago, here's how much you 706 00:35:39,360 --> 00:35:40,600 could have made, like that kind of thing. 707 00:35:40,600 --> 00:35:42,800 But like, this is the stuff you need to know if you want to save 708 00:35:42,800 --> 00:35:45,000 yourself some time and still kind of get involved. 709 00:35:45,000 --> 00:35:48,800 Like this is how to be kind of like a a well researched D Gen. 710 00:35:48,800 --> 00:35:51,800 and not just kind of like Yolo on everything that looks cool 711 00:35:52,600 --> 00:35:55,480 like someone else. Do the research for me. 712 00:35:56,800 --> 00:35:59,880 Yeah, if you want to, if you want to get a little bit of 713 00:35:59,880 --> 00:36:01,120 help. This is probably not for like 714 00:36:01,120 --> 00:36:04,480 the complete 101 noob like I just got my first wallet 715 00:36:04,480 --> 00:36:06,440 yesterday. But like if you're far enough 716 00:36:06,440 --> 00:36:08,760 that, like you're interested and you want to like try to figure 717 00:36:08,760 --> 00:36:10,680 out what kind of air drops are going to be worth your time, 718 00:36:10,680 --> 00:36:12,880 what NFT collections you should be watching for. 719 00:36:13,320 --> 00:36:15,320 Like for sure these reports are worth it. 720 00:36:16,160 --> 00:36:18,480 You know they're trying to get you the information early enough 721 00:36:18,480 --> 00:36:20,160 that you can actually do something with it. 722 00:36:21,240 --> 00:36:22,920 So yeah, I I think it's really fun. 723 00:36:22,920 --> 00:36:24,920 I've had so much fun and like learned a lot just by like 724 00:36:24,920 --> 00:36:26,560 editing and building out these reports. 725 00:36:26,560 --> 00:36:28,600 I'm the one who's going to be managing that on the decrypt 726 00:36:28,600 --> 00:36:31,880 side. So yeah, I I'm super excited. 727 00:36:31,880 --> 00:36:35,200 I I think we have a really nice like collection of like market 728 00:36:35,200 --> 00:36:38,320 relevant trader data that like it is now just living on the 729 00:36:38,320 --> 00:36:39,800 site. So it's really good this. 730 00:36:40,400 --> 00:36:45,080 Is like a super force. Like you have obviously what OV 731 00:36:45,080 --> 00:36:47,920 men have been building. A lot of you that are listening 732 00:36:47,920 --> 00:36:49,920 to the show obviously are part of the Degenz community. 733 00:36:50,080 --> 00:36:52,880 Like it's really there's always been a massive crossover between 734 00:36:52,880 --> 00:36:56,480 rug radio and and and and Wreck Guy Degenzos communities 735 00:36:56,480 --> 00:36:57,880 obviously mostly because of this show. 736 00:36:58,880 --> 00:37:00,640 And then you have the superpower, which is the 737 00:37:00,640 --> 00:37:04,080 powerhouse that Crypt Media is, is a media powerhouse in crypto. 738 00:37:05,160 --> 00:37:09,440 And so and so now we have kind of the merge of both worlds in 739 00:37:09,480 --> 00:37:11,640 one place where you have the articles, everything, even Mando 740 00:37:11,640 --> 00:37:16,560 minutes, even the fastest growing newsletter in crypto. 741 00:37:17,240 --> 00:37:20,160 You can find it. OK, even the biggest one is 742 00:37:20,160 --> 00:37:21,360 there. So Mendel mail from your 743 00:37:21,360 --> 00:37:23,880 perspective, love to hear that. I saw you guys put a thread out 744 00:37:24,120 --> 00:37:25,600 about on the pressure with the crypt. 745 00:37:25,600 --> 00:37:27,120 I shared it, people can go read about it. 746 00:37:27,120 --> 00:37:29,400 But what does this mean mini from your perspective? 747 00:37:29,400 --> 00:37:31,560 Also for for your community, that's probably asking about it. 748 00:37:32,120 --> 00:37:34,520 Yeah, we've we've we've done like long form reports in the 749 00:37:34,520 --> 00:37:39,840 past and I'll be honest and say like crypto crypto people can't 750 00:37:39,840 --> 00:37:42,600 read. So the the, the key is to make 751 00:37:42,600 --> 00:37:44,640 him as short and as actionable as possible. 752 00:37:44,640 --> 00:37:46,480 That's kind of the different revolution that we've done, have 753 00:37:46,480 --> 00:37:48,520 done with these. There's a lot of places where 754 00:37:48,520 --> 00:37:52,640 you can just like find dumps on like which air drops are coming 755 00:37:52,640 --> 00:37:55,520 or which drops are coming, but very little curation or very 756 00:37:55,520 --> 00:37:57,840 little understanding of what is actually valuable and what is 757 00:37:57,840 --> 00:38:01,080 worth your time. So our idea is for each week to 758 00:38:01,120 --> 00:38:05,240 provide kind of short, you could read it in a few minutes, 759 00:38:05,240 --> 00:38:09,080 concise updates on which air drops, which drops are going to 760 00:38:09,080 --> 00:38:11,800 be worth your time, give them, give them like some sort of a 761 00:38:11,800 --> 00:38:15,520 rating. And you know these airdrops can 762 00:38:15,520 --> 00:38:18,800 be worth multiple thousands. Same with the drops if you do 763 00:38:18,800 --> 00:38:21,600 them right. So the idea here is that you 764 00:38:21,600 --> 00:38:25,600 know you're hopefully going to get a return from from your time 765 00:38:25,600 --> 00:38:28,120 here and it's going to be different than just like a a 766 00:38:29,080 --> 00:38:32,840 mindless feed of like one of these drops websites or one of 767 00:38:32,840 --> 00:38:34,480 these airdrops websites. It's very little. 768 00:38:34,640 --> 00:38:37,640 It's very difficult to tell like OK, this is a top tier AirDrop 769 00:38:37,640 --> 00:38:40,680 which I should be spending my time on rather than like is some 770 00:38:40,680 --> 00:38:46,160 mid tier you know, app on Solana which I'll be farming for six 771 00:38:46,160 --> 00:38:48,120 months and I'll, I'll get like 10 bucks out of. 772 00:38:48,120 --> 00:38:50,360 So I think that's the idea, what we're going to do here. 773 00:38:50,360 --> 00:38:54,000 Like there's clearly a lot to be made in this world right now and 774 00:38:54,000 --> 00:38:57,160 I think a lot of people are a little bit, a little bit 775 00:38:57,160 --> 00:38:58,960 paralyzed by it. They just don't really know 776 00:38:58,960 --> 00:39:01,520 where to go or how to move. But they know there's money to 777 00:39:01,520 --> 00:39:04,400 be made and I think our idea is just to hand hold everyone a 778 00:39:04,400 --> 00:39:06,440 little bit and make it as easy as possible. 779 00:39:07,560 --> 00:39:09,640 Yeah, I love that. I think it's super cool. 780 00:39:09,640 --> 00:39:12,400 It's very like, you know there's I know there's the whole saying 781 00:39:12,400 --> 00:39:15,760 like a first ask later, but I think you should ask first, you 782 00:39:15,760 --> 00:39:18,400 know mostly when it comes to like actual research and stuff. 783 00:39:18,400 --> 00:39:21,520 So it's it's great and we have, you know great people 784 00:39:21,520 --> 00:39:24,760 contributing to that. For example, Stacey who's on on 785 00:39:24,760 --> 00:39:27,800 the on the show with us today. So really exciting. 786 00:39:27,840 --> 00:39:30,240 Of course any partnership collaboration that entails being 787 00:39:30,240 --> 00:39:31,400 with friends. I think that's what I'm 788 00:39:31,400 --> 00:39:33,480 personally most excited about. So thing is really cool. 789 00:39:33,480 --> 00:39:35,160 I don't know, Stacey, if we wanted to add anything to that 790 00:39:35,160 --> 00:39:37,440 before I I move forward. Hi. 791 00:39:37,440 --> 00:39:40,640 I'm just really excited because like I've seen what these kinds 792 00:39:40,640 --> 00:39:42,920 of reports can look like when you're in like a super like 793 00:39:42,920 --> 00:39:46,240 tradfi setting versus super dense and it's like 10 pages 794 00:39:46,240 --> 00:39:47,400 long. And like you have to read the 795 00:39:47,400 --> 00:39:49,680 whole thing to figure out what the hell you should do in your 796 00:39:49,680 --> 00:39:51,600 portfolio. But like this is not that like 797 00:39:52,240 --> 00:39:54,520 you're going to go from like getting this report to figuring 798 00:39:54,520 --> 00:39:56,840 out what you should be clicking through to and what you should 799 00:39:56,840 --> 00:39:58,800 be doing like within like 5-10 minutes. 800 00:39:58,840 --> 00:40:02,360 So like really super easy to action stuff and like. 801 00:40:03,120 --> 00:40:06,680 Obviously all the links in our reports are like, like safe to 802 00:40:06,680 --> 00:40:08,440 click. That's the other thing is that, 803 00:40:08,440 --> 00:40:10,760 like, I know I've been talking to some of the guys about, It's 804 00:40:10,760 --> 00:40:13,720 just that I want to emphasize that like, you have to be really 805 00:40:13,720 --> 00:40:15,560 careful out there when people are saying, oh, hey, here's an 806 00:40:15,560 --> 00:40:16,960 AirDrop, just connect your wallet. 807 00:40:16,960 --> 00:40:19,600 Like, don't worry about it. And like, it's not safe. 808 00:40:19,600 --> 00:40:22,120 Like, so you're not going to get SUS stuff from us. 809 00:40:22,120 --> 00:40:24,640 You're not going to get anything that's easy or like not safe. 810 00:40:24,640 --> 00:40:27,080 Like we're doing all of that check, all of those checks, all 811 00:40:27,080 --> 00:40:29,480 that research for you to make sure that, like, it's clear you 812 00:40:29,480 --> 00:40:32,080 can click this stuff, go and get your gains. 813 00:40:33,480 --> 00:40:36,760 Yep, 100 percent, 100%. So obviously be careful with 814 00:40:36,760 --> 00:40:38,400 that. Like there's there's never going 815 00:40:38,400 --> 00:40:42,600 to be mints and all this good stuff on there, signing, wallet, 816 00:40:42,720 --> 00:40:45,600 all that stuff. We don't do it, so check it out, 817 00:40:45,840 --> 00:40:47,320 have fun. It's pinned to the top, so if 818 00:40:47,320 --> 00:40:48,600 you're on Twitter, space is with us right now. 819 00:40:48,600 --> 00:40:50,600 First of all, remember to retweet the space because we're 820 00:40:50,600 --> 00:40:53,840 definitely not done here. And second of all, second of 821 00:40:53,840 --> 00:40:55,760 all, it is pinned. So decrypt, posted, D gen's 822 00:40:55,760 --> 00:40:57,120 posted. We've all shared it. 823 00:40:57,120 --> 00:41:01,160 It's there, you know it's it's there's all, it's all pretty 824 00:41:01,160 --> 00:41:02,960 self-explanatory, but it's a lot of fun. 825 00:41:03,040 --> 00:41:07,240 And also your favorite show in the world, FOMO Hour, it's going 826 00:41:07,240 --> 00:41:10,600 to be on there too, you know and index everything. 827 00:41:10,800 --> 00:41:12,640 It's obviously, and it's only going to keep getting better. 828 00:41:12,640 --> 00:41:14,720 So if you have any ideas, if you're in the audience, if 829 00:41:14,720 --> 00:41:18,360 you're a decrypt reader, rug radio holder, you know, Digens 830 00:41:18,360 --> 00:41:21,120 community member, FOMO hour listener, feel free to just hit 831 00:41:21,120 --> 00:41:22,360 us up. Like if there's things that you 832 00:41:22,360 --> 00:41:24,480 like to see, things you don't like to see, things that you 833 00:41:24,480 --> 00:41:27,160 think could be better, you know, obviously always open to to 834 00:41:27,160 --> 00:41:28,920 making this better because we want to really build this for 835 00:41:28,920 --> 00:41:31,640 for the people to cut that come in and to be able to be educated 836 00:41:31,640 --> 00:41:36,280 before, you know, getting involved financially and with 837 00:41:36,280 --> 00:41:37,640 their energy and time into the space. 838 00:41:37,640 --> 00:41:39,640 All right. Well, Stacy, thank you very much 839 00:41:39,640 --> 00:41:42,640 for coming today. And actually, you know, maybe 840 00:41:42,640 --> 00:41:44,960 when we have these like Denton upgrades and all these like big 841 00:41:44,960 --> 00:41:46,600 brain shit, I need to just call you. 842 00:41:46,600 --> 00:41:50,160 So instead of throwing grenades at my boys, here the. 843 00:41:50,160 --> 00:41:53,760 Technical come back on we should do like a Bitcoin having one 844 00:41:53,760 --> 00:41:56,920 soon. Yo, consider that done. 845 00:41:57,320 --> 00:41:59,400 You know what? Let's do it closer to to the 846 00:41:59,400 --> 00:42:02,840 having if you want, but like super down, consider done. 847 00:42:03,000 --> 00:42:04,800 We'll do a special on that and then we'll have you come and 848 00:42:04,800 --> 00:42:07,440 chat all things Bitcoin. Thank you, Stacey. 849 00:42:07,440 --> 00:42:08,600 Bye. Guys. 850 00:42:08,720 --> 00:42:09,760 Appreciate it. Thank you. 851 00:42:10,040 --> 00:42:13,560 All right, all right, all right. Well, last but not least, we 852 00:42:13,560 --> 00:42:16,320 have a packed show today. It is one of those fun shows. 853 00:42:16,320 --> 00:42:20,040 I love to see it. Who I can see I can already. 854 00:42:20,040 --> 00:42:22,480 I can see the studio. We're going to have to debate 855 00:42:22,480 --> 00:42:25,880 which is the biggest flex in the background between all four of 856 00:42:25,880 --> 00:42:28,080 us. I'm going to bring Mr. Richard 857 00:42:28,280 --> 00:42:30,840 on stage here of Hive Man Capital. 858 00:42:31,160 --> 00:42:33,400 Richard, good morning. How you doing? 859 00:42:34,920 --> 00:42:36,160 How? You doing Ted? 860 00:42:36,280 --> 00:42:37,080 Where? Thanks. 861 00:42:37,640 --> 00:42:38,760 Fantastic. Look at that. 862 00:42:38,760 --> 00:42:40,960 You got the ringers in the background. 863 00:42:41,400 --> 00:42:43,760 Look, you got a flaunt if you got it right. 864 00:42:45,840 --> 00:42:47,160 This is bullish. This is bullish. 865 00:42:47,320 --> 00:42:48,760 This is this is literally the thesis. 866 00:42:48,760 --> 00:42:51,480 We're done here. Yeah, I mean, pretty much, you 867 00:42:51,600 --> 00:42:55,640 know, valley rises to the top. The three of you ring us on the 868 00:42:55,640 --> 00:42:57,280 wall, and you. I mean, what more do I need to 869 00:42:57,280 --> 00:42:57,840 say right? The. 870 00:42:58,800 --> 00:43:01,640 The the study Study Batsup Yum's Pyramid post. 871 00:43:01,640 --> 00:43:03,120 That's Sam Spratt who's listening right now. 872 00:43:03,120 --> 00:43:06,080 I should reposted, I think yesterday like Study the Pyramid 873 00:43:07,560 --> 00:43:11,600 Cream rises. We got Mando in his newly bought 874 00:43:11,600 --> 00:43:14,040 mansion. It's totally not a Google a 875 00:43:14,040 --> 00:43:17,720 stream yard. You know background bull market 876 00:43:17,720 --> 00:43:20,920 man bull market Mando, you know Hana, our head of partnerships, 877 00:43:20,920 --> 00:43:24,360 that the team calls him Money bags Mando or Money Mando Money 878 00:43:24,360 --> 00:43:25,840 bags. She started calling that 879 00:43:25,840 --> 00:43:27,240 yesterday. I love that I'm. 880 00:43:27,240 --> 00:43:29,040 I'm gonna use. That I think that stinks for 881 00:43:29,040 --> 00:43:29,440 sure. Yeah. 882 00:43:29,440 --> 00:43:32,120 Nine of the money backs you got OV flexing a little auto glyph 883 00:43:32,120 --> 00:43:36,200 you know casual here $50 print for half $1,000,000 NFT and I 884 00:43:36,200 --> 00:43:39,160 just got a whole bunch of stuff. I'm more on the this is the left 885 00:43:39,160 --> 00:43:41,680 curve background love it you know little dark farms right 886 00:43:41,680 --> 00:43:44,720 there and my Penguin you know both shoulders like evil and I'm 887 00:43:44,920 --> 00:43:46,720 kidding. And then last but not least we 888 00:43:46,720 --> 00:43:49,320 got the beautiful ringers here Richard. 889 00:43:49,560 --> 00:43:52,600 I mean listen the a lot of the conversation lately has been 890 00:43:52,600 --> 00:43:56,160 around NFTS, ETH, NFTS and you know, you know we, we tend to 891 00:43:56,160 --> 00:43:59,520 not talk a lot about the world of crypto art. 892 00:43:59,720 --> 00:44:02,600 This world that you guys at Hive Mind Capital have entered in a 893 00:44:02,600 --> 00:44:06,680 pretty, you know, you've made some noise, you've entered it in 894 00:44:06,680 --> 00:44:08,120 a big way. Do you want to maybe give 895 00:44:08,120 --> 00:44:11,320 yourself an introduction so people know you know who Richard 896 00:44:11,320 --> 00:44:13,960 is, what hive mind capitalism, what you guys goal is in the 897 00:44:13,960 --> 00:44:15,480 space? Sure. 898 00:44:15,920 --> 00:44:19,960 Let's try and do it quickly. At heart I'm an ex tranfi nerd. 899 00:44:20,160 --> 00:44:22,560 In fact I know two of these individuals from from that 900 00:44:22,560 --> 00:44:25,600 background. But at my deep core I'm a 901 00:44:25,600 --> 00:44:28,920 developer by background and and still at weekends I I, you know 902 00:44:28,960 --> 00:44:32,200 Moonlight is a full stack web three guy and that that's kind 903 00:44:32,200 --> 00:44:34,480 of how I I like to learn blockchain stuff. 904 00:44:34,480 --> 00:44:35,920 So what do you have? An. 905 00:44:36,480 --> 00:44:38,320 Alt. Do you have a malady alt? 906 00:44:38,640 --> 00:44:42,400 Do you have a malady alt? I bet he does. 907 00:44:42,640 --> 00:44:49,360 I bet he does. Moonlighting on the weekend. 908 00:44:49,400 --> 00:44:51,240 Doing doing. There are things you could find 909 00:44:51,240 --> 00:44:53,680 out out there but a different day. 910 00:44:54,240 --> 00:44:58,360 Yeah. So yeah, I'm a dev by original 911 00:44:58,360 --> 00:45:01,040 training. I, I, I, I'm the head of 912 00:45:01,040 --> 00:45:04,000 research over here managing partner, look after our our 913 00:45:04,000 --> 00:45:08,240 trading side and also you know part of the team here pushing 914 00:45:08,240 --> 00:45:12,080 ahead with digital art and what we're doing at Hive Mind. 915 00:45:12,320 --> 00:45:15,640 We we are an institutional asset manager you know bridging 916 00:45:15,720 --> 00:45:19,680 capital for institutions into the digital asset space. 917 00:45:20,160 --> 00:45:21,400 There are lots of ways to do that. 918 00:45:21,560 --> 00:45:24,240 You know, we think it's important to have good products 919 00:45:24,240 --> 00:45:28,000 but also good timing and you know we went live with the 920 00:45:28,000 --> 00:45:31,120 liquid funds a year ago now. We think that was pretty good 921 00:45:31,120 --> 00:45:32,920 timing. We kind of think this is 922 00:45:32,920 --> 00:45:36,920 similar, right. This is, yeah, NFTS are unloved 923 00:45:36,920 --> 00:45:38,760 a little bit. You know we've we've taken a lot 924 00:45:38,760 --> 00:45:41,680 of time thinking about our thesis and how it works and 925 00:45:41,680 --> 00:45:45,800 testing ourselves and the idea has morphed a lot but you know 926 00:45:45,800 --> 00:45:49,560 we're pretty happy with it and you know we're digging deep and 927 00:45:49,720 --> 00:45:52,360 indeed you know we may not have come out publicly what we've 928 00:45:52,360 --> 00:45:56,160 been doing but it's quite nice this one for those that know, 929 00:45:56,800 --> 00:46:00,040 you know we instead of just pitching with a flashy deck 930 00:46:00,520 --> 00:46:04,400 we're able to show a seed portfolio of you know the things 931 00:46:04,400 --> 00:46:08,040 we think matter and and try and walk the walk and and you know 932 00:46:08,240 --> 00:46:11,040 that's where our focus is bit. I love that. 933 00:46:11,040 --> 00:46:13,680 I think that is a great introduction here. 934 00:46:13,680 --> 00:46:16,640 And so Speaking of walking the walk, I mean you know you came 935 00:46:16,640 --> 00:46:18,360 here to discuss something that we've spent on the Twitter 936 00:46:18,360 --> 00:46:20,240 spaces now. So if you're on spaces, it's 937 00:46:20,240 --> 00:46:22,440 been, if you're on video, I'm going to share it on the screen 938 00:46:22,440 --> 00:46:25,600 in a second. But today we introduced the Hive 939 00:46:25,600 --> 00:46:29,040 Mind Digital Culture Fund, a curated collection of generative 940 00:46:29,040 --> 00:46:33,240 art and digital culture that is emblematic of the rising digital 941 00:46:33,240 --> 00:46:36,040 art movement. And so obviously part of this 942 00:46:36,080 --> 00:46:40,880 you guys have acquired a, you know, I think out of a lot of 943 00:46:40,960 --> 00:46:44,280 art. It will come out like stay 944 00:46:44,280 --> 00:46:48,640 tuned. Like what's No, no, no, it's 945 00:46:48,640 --> 00:46:51,440 fine. I mean again at least two of 946 00:46:51,480 --> 00:46:53,800 two, three of the conversation. No, no, no. 947 00:46:53,840 --> 00:46:55,840 Plenty of the pieces. But you know there's a, there's 948 00:46:55,840 --> 00:46:59,720 a few fun things we think to reveal and and show where we've 949 00:46:59,720 --> 00:47:02,920 been busy and yeah, but also show our style and what we're 950 00:47:02,920 --> 00:47:03,680 trying to do. Right. 951 00:47:03,680 --> 00:47:08,680 We're we we we are thankful for, for being the second mouse to 952 00:47:08,680 --> 00:47:09,960 get the cheese. Yeah. 953 00:47:09,960 --> 00:47:12,440 Like we can learn from what others have done. 954 00:47:13,040 --> 00:47:17,480 We can study and observe. I am quantitative by nature. 955 00:47:17,480 --> 00:47:20,320 That's just my history I guess. But you know we've had a full 956 00:47:20,320 --> 00:47:21,720 cycle. We've seen the data. 957 00:47:21,720 --> 00:47:23,880 We get a feel for how it can behave. 958 00:47:24,160 --> 00:47:26,840 And yeah that's guided our thesis. 959 00:47:26,880 --> 00:47:30,520 So you know we we are we're thankful for those lessons 960 00:47:30,520 --> 00:47:32,160 trying to do it a little bit differently. 961 00:47:32,160 --> 00:47:37,200 So it's good to be different not just you know so stand out and 962 00:47:37,400 --> 00:47:42,120 you know we want to go deep like it's it's about going deep in 963 00:47:42,120 --> 00:47:47,280 collections, supporting artists, moving the digital culture, the 964 00:47:47,360 --> 00:47:49,760 the digital art that represents that forward. 965 00:47:50,000 --> 00:47:53,200 As you know as an overall movement not just individual 966 00:47:53,200 --> 00:47:56,600 pieces that are spread broad and wide, but it's about that that 967 00:47:56,600 --> 00:48:00,240 depth and direction. And so yeah we think we think we 968 00:48:00,240 --> 00:48:02,120 have some pretty good ideas. We think we have some good 969 00:48:02,120 --> 00:48:07,240 advisors on board some of it not yet papered but thanks guys and 970 00:48:07,240 --> 00:48:11,880 you know we we we yeah we we look forward to taking the 971 00:48:11,880 --> 00:48:16,200 inputs of all of our backgrounds and so try and find nerd like 972 00:48:16,680 --> 00:48:20,680 yeah so allocating capital to a space that's semi liquid is kind 973 00:48:20,680 --> 00:48:23,800 of kind of a thing I've spent a career doing but also bringing 974 00:48:23,800 --> 00:48:30,240 in renowned collectors thoughtful art curation types 975 00:48:30,240 --> 00:48:33,600 bring support around the edges for all these parts so that we 976 00:48:33,680 --> 00:48:36,680 get the whole package together. It's not just again random 977 00:48:36,680 --> 00:48:39,920 pieces but a thoughtfully curated collection almost 978 00:48:39,920 --> 00:48:43,360 working backwards from where we see this space going right. 979 00:48:43,360 --> 00:48:45,080 You know value of cruise to the top. 980 00:48:46,080 --> 00:48:48,800 The wealth has been accumulated through technology. 981 00:48:48,800 --> 00:48:51,400 Blockchain has been a great enabler but also a catalyst for 982 00:48:51,400 --> 00:48:54,160 that and and people feel comfortable redeploying that 983 00:48:54,160 --> 00:48:57,240 into a space associated with it. You know it's a it's a 984 00:48:57,240 --> 00:48:59,080 different, it's a different space. 985 00:48:59,080 --> 00:49:03,400 Plenty of people by traditional art who would have not yet 986 00:49:03,400 --> 00:49:06,920 considered but probably will one day consider the digital space. 987 00:49:06,920 --> 00:49:10,400 So you know we think that is an opportunity an emerging asset 988 00:49:10,400 --> 00:49:14,080 class in an emerging asset class and that we we want to be right 989 00:49:14,080 --> 00:49:19,320 at the forefront of that helping both people who have done very 990 00:49:19,320 --> 00:49:22,000 well in in the space and Congrats to everyone you know 991 00:49:22,000 --> 00:49:24,480 who who just wants the diversity and not to have to think about 992 00:49:24,480 --> 00:49:30,000 it and also more traditional institutional types and who you 993 00:49:30,080 --> 00:49:32,360 know they collect trend up but they they don't have the 994 00:49:32,360 --> 00:49:33,880 exposure yet or know where to start. 995 00:49:33,880 --> 00:49:37,760 So you know, that's that's where we come in to help show them the 996 00:49:37,760 --> 00:49:41,200 ropes, look after it for them and you know, really curate 997 00:49:41,200 --> 00:49:43,520 something to be proud of and elevate the value for. 998 00:49:44,280 --> 00:49:47,120 So so you're like one of the biggest funds kind of come out 999 00:49:47,240 --> 00:49:50,600 off like you you you got that you said your ex Trafford like 1000 00:49:50,600 --> 00:49:54,080 us kind of were known as one of the biggest funds to kind of 1001 00:49:54,080 --> 00:49:58,080 spin off from that. What was it, two years ago? 1002 00:49:58,080 --> 00:50:03,000 Did you guys start like, Yeah, so like. 11Q1 Q 22 bit, yeah, 1003 00:50:03,320 --> 00:50:07,280 great, great time. Just it's it's been a little 1004 00:50:07,400 --> 00:50:12,840 more, yeah, it's been a journey. What's it like like now because 1005 00:50:12,840 --> 00:50:16,080 you're kind of still I guess more attached to to that world 1006 00:50:16,080 --> 00:50:18,720 still or you're still probably close to them just like us. 1007 00:50:18,720 --> 00:50:21,560 Like anecdotally, is everyone giving you a call being like hey 1008 00:50:21,560 --> 00:50:25,680 is that crypto fund still going like I see if Law is a new 1009 00:50:25,680 --> 00:50:28,360 dislap fund can I can I jump a ship now like. 1010 00:50:28,360 --> 00:50:31,080 Everyone wants to be now. Yeah. 1011 00:50:31,160 --> 00:50:36,240 No, I mean my, I'll be honest my, you know, my imessages lit 1012 00:50:36,240 --> 00:50:37,640 up. Obviously it's it's the old 1013 00:50:37,640 --> 00:50:39,760 world. It's normally it's not not not 1014 00:50:39,760 --> 00:50:42,320 any other medium. But yeah we we we've got quite a 1015 00:50:42,320 --> 00:50:46,680 few things coming that way. But most of my conversations are 1016 00:50:46,720 --> 00:50:50,360 you know NFTS, they still think firstly yeah it's it's not 1017 00:50:50,360 --> 00:50:53,320 unusual for me to be associated with three letter abbreviations 1018 00:50:53,320 --> 00:50:55,760 that no one likes. CDO was another one of my 1019 00:50:55,760 --> 00:50:58,040 career. So there you go. 1020 00:50:58,720 --> 00:51:02,800 But yeah, people are people are warming up to it again. 1021 00:51:03,040 --> 00:51:07,920 It's no longer you know the e-mail from old old CIO saying 1022 00:51:07,920 --> 00:51:09,280 Are you sure you did the right thing. 1023 00:51:09,360 --> 00:51:11,520 You know people are people are interested again. 1024 00:51:11,720 --> 00:51:15,760 So but it it takes time like you guys you guys know it's those 1025 00:51:15,760 --> 00:51:19,040 are monolithic entities that there is no fast movement. 1026 00:51:19,280 --> 00:51:22,200 But the good news is people thought about it long and hard 1027 00:51:22,200 --> 00:51:25,560 last cycle. So the distance for them to do 1028 00:51:25,560 --> 00:51:28,560 this cycle is, is is less, less of a jump. 1029 00:51:28,640 --> 00:51:33,520 But you know, we focus on leaning in to regulation, all 1030 00:51:33,520 --> 00:51:37,480 the horrible stuff no one wants. But we, we think that to bring 1031 00:51:37,480 --> 00:51:40,840 the institutional capital that's what it needs, talking their 1032 00:51:40,840 --> 00:51:44,240 language, being thoughtful, being painfully careful about 1033 00:51:44,240 --> 00:51:48,600 moving assets and all such things, it is painful, but it's 1034 00:51:48,600 --> 00:51:51,840 also the right way and it's a lot easier to do that lift when 1035 00:51:51,960 --> 00:51:56,080 there's light at the end of the tunnel versus the last 1218 1036 00:51:56,080 --> 00:51:57,480 months which have been pretty brutal. 1037 00:51:57,800 --> 00:51:58,760 Right. Like you're talking about 1038 00:51:58,840 --> 00:52:01,440 entering, you know, starting Q 1/20/22 which you know tough, 1039 00:52:01,560 --> 00:52:05,880 tough times that the whole time, right, 2323 for all of us across 1040 00:52:05,880 --> 00:52:08,080 the board, I mean. Everyone's felt it. 1041 00:52:08,160 --> 00:52:09,200 Yeah, absolutely. Everyone. 1042 00:52:09,240 --> 00:52:14,400 We all did. Yeah and and look we we pride 1043 00:52:14,400 --> 00:52:17,840 ourselves in being decent castle allocators and and pivoting and 1044 00:52:17,840 --> 00:52:21,960 moving and you know with the time switch that means adjusting 1045 00:52:21,960 --> 00:52:24,360 and being thoughtful. And you know products that we 1046 00:52:24,360 --> 00:52:27,000 plan to launch haven't launched, new ones have come up, new 1047 00:52:27,000 --> 00:52:29,040 opportunities have come up. You know, you can't stick to 1048 00:52:29,040 --> 00:52:32,600 anything. Like in this job it's every six 1049 00:52:32,600 --> 00:52:34,280 months. It's like it's a brand new 1050 00:52:34,280 --> 00:52:36,360 mindset. In Treadfire used to be able to 1051 00:52:36,360 --> 00:52:38,360 go 24 months because every. Every six. 1052 00:52:38,720 --> 00:52:41,400 Every six hours, Richard. Every six hours. 1053 00:52:41,400 --> 00:52:42,080 What? I'm old. 1054 00:52:42,360 --> 00:52:45,120 I can't do that six hours, but you know, give me six months. 1055 00:52:46,160 --> 00:52:48,640 Broad brush, like what are the things you're looking at Like 1056 00:52:48,640 --> 00:52:50,800 now that you said you said you've gone through a cycle you 1057 00:52:50,800 --> 00:52:52,920 you don't want to make the same mistakes other people have. 1058 00:52:53,200 --> 00:52:54,760 What are, What are, What are the top things? 1059 00:52:54,760 --> 00:52:57,120 You're thinking about. Yeah, mistakes might sound a 1060 00:52:57,120 --> 00:53:00,440 little more aggressive than I intend, but yeah, we we have the 1061 00:53:00,440 --> 00:53:02,960 luxury, literally luxury of being able to look back. 1062 00:53:03,280 --> 00:53:08,200 So yeah, we don't just want to apply capital, buy a load of 1063 00:53:08,200 --> 00:53:11,120 pieces and hopefully go up in value like the the last cycle 1064 00:53:11,120 --> 00:53:14,640 people buying NFTS, it was hard to pick what was going to be 1065 00:53:14,640 --> 00:53:16,840 Lindy, what would last. If you're buying in the heat at 1066 00:53:16,840 --> 00:53:21,160 the moment, now we know like you know, bring us Vedenza's. 1067 00:53:21,880 --> 00:53:24,440 These things are talked about daily by people like they're 1068 00:53:24,440 --> 00:53:26,520 they're still in the psyche. They're clearly part of the 1069 00:53:26,520 --> 00:53:31,920 culture there. There are prolific digital 1070 00:53:32,040 --> 00:53:37,040 artists that you know may have inspired the OSF, for instance. 1071 00:53:37,040 --> 00:53:42,240 You know, well known out there. Everyone everyone in this space 1072 00:53:42,240 --> 00:53:46,320 knows that that may not be a cup of tea for folks outside of our 1073 00:53:46,320 --> 00:53:48,560 space yet but but things change right? 1074 00:53:48,560 --> 00:53:52,560 Yeah, taste change and and culture and art, they're 1075 00:53:52,560 --> 00:53:55,040 symbiotic right. So we we think that moves. 1076 00:53:55,800 --> 00:53:59,800 You know we've been fortunate that again we've seen pieces 1077 00:53:59,800 --> 00:54:03,920 into the mainstream auction, the mainstream auction houses clear 1078 00:54:03,920 --> 00:54:08,000 for large prices that that helps give you the confidence to then 1079 00:54:08,880 --> 00:54:11,320 look institutional allocates in the face and say look this is 1080 00:54:11,320 --> 00:54:13,560 this is a big space. Look how big it can be and how 1081 00:54:13,560 --> 00:54:17,320 small it is relative to the total art space overall. 1082 00:54:17,880 --> 00:54:20,600 So you know that helps us see the opportunity. 1083 00:54:20,600 --> 00:54:23,800 But you know what what I want to say is we where we want to be 1084 00:54:23,800 --> 00:54:25,320 different. We want to really work with 1085 00:54:25,320 --> 00:54:31,080 artists and support them and you know the the desire and we've 1086 00:54:31,080 --> 00:54:34,920 taken a lot of roots around this together is to be very focused 1087 00:54:34,920 --> 00:54:38,880 and go deep on a movement. So you know we'll we'll spend a 1088 00:54:38,880 --> 00:54:41,600 lot of time upfront thinking hard about what comes into the 1089 00:54:41,600 --> 00:54:43,960 portfolio. Yeah that might mean it's only 1090 00:54:44,400 --> 00:54:48,360 it only ends up being 6 to 10 core collections, but then 1091 00:54:48,360 --> 00:54:52,120 supporting pieces around that the the Preston pieces that led 1092 00:54:52,120 --> 00:54:54,480 to that collection, the pieces that were inspired after that 1093 00:54:54,480 --> 00:54:58,120 collection. So thinking again how this ends 1094 00:54:58,120 --> 00:55:01,640 up as a, as a as a curated collection that could be 1095 00:55:01,640 --> 00:55:04,440 displayed in the museum or exhibited somewhere or travel 1096 00:55:04,440 --> 00:55:07,560 the world and you know help raise the artist's profile and 1097 00:55:07,560 --> 00:55:10,440 work with them. Like all the things that digital 1098 00:55:11,040 --> 00:55:14,880 assets allow for so much easier than the than the analogue 1099 00:55:14,880 --> 00:55:17,080 version. You know we hope to lean into 1100 00:55:17,080 --> 00:55:20,400 that and and that's yeah, that's where our efforts have been 1101 00:55:20,400 --> 00:55:22,280 going. It's it's been a it's been a 1102 00:55:22,280 --> 00:55:25,240 long journey but really excited to start to show it off. 1103 00:55:25,560 --> 00:55:27,280 Keep watching everyone for the the announcements. 1104 00:55:27,640 --> 00:55:29,520 And we're going to see the big reveals. 1105 00:55:29,880 --> 00:55:32,920 The big So wait, are you? Are you 6529? 1106 00:55:37,320 --> 00:55:39,440 Sorry, Are you the one seizing the memes of production? 1107 00:55:39,680 --> 00:55:40,600 He's a milady. For. 1108 00:55:40,680 --> 00:55:42,200 Sure, milady on the weekend, dude. 1109 00:55:43,920 --> 00:55:46,200 Why don't like you have like that or you bought the did you 1110 00:55:46,200 --> 00:55:50,480 buy the alien? The the alien was not me. 1111 00:55:50,680 --> 00:55:55,640 I can say that. Whenever a big trade happens, 1112 00:55:55,680 --> 00:55:57,920 where is this you? And they always deny it, but I'm 1113 00:55:57,920 --> 00:56:01,040 sure. I'm sure this this man right 1114 00:56:01,120 --> 00:56:03,960 there, this man right there came and all suited up with four 1115 00:56:03,960 --> 00:56:07,080 ringers in the back of his thing announcing this culture phone 1116 00:56:07,080 --> 00:56:09,360 with hive mind. There's something there. 1117 00:56:09,520 --> 00:56:11,840 There's. I I am. 1118 00:56:11,840 --> 00:56:14,360 I'm very proud of the SEA portfolio we've we've put 1119 00:56:14,360 --> 00:56:17,040 together very there. We go, here we go. 1120 00:56:17,440 --> 00:56:21,120 We've heard that one. No, I'm I'm, I, I will deny 1121 00:56:21,240 --> 00:56:24,480 firmly, deny the alien. Unfortunately, you know, I I 1122 00:56:24,480 --> 00:56:26,400 wish. Legal counsel in the audience. 1123 00:56:26,400 --> 00:56:27,680 Is that what it is? Hold on. 1124 00:56:27,680 --> 00:56:29,440 Yeah. Exactly, yeah. 1125 00:56:29,480 --> 00:56:32,640 It cannot mark it, yeah. It wasn't. 1126 00:56:37,600 --> 00:56:39,480 Yeah. Nothing I say advice etcetera, 1127 00:56:39,480 --> 00:56:41,800 etcetera. You know, we don't worry. 1128 00:56:41,800 --> 00:56:46,160 This whole show is 1 big NFADYOR from the get go question for you 1129 00:56:46,240 --> 00:56:49,000 Richard here. Obviously like you, you you 1130 00:56:49,000 --> 00:56:51,120 talked about when you came in, you talked about how you stayed, 1131 00:56:51,120 --> 00:56:52,920 you talked about you guys are still in and you're still, you 1132 00:56:52,920 --> 00:56:55,880 know, heavily, you know, investing, investing in the, in 1133 00:56:55,880 --> 00:56:59,320 the, in the, in the space and the arts side of the space as of 1134 00:56:59,320 --> 00:57:00,960 most recently. But I'll let you guys announce 1135 00:57:00,960 --> 00:57:04,320 that when it's ready to go. What makes this an opportune 1136 00:57:04,320 --> 00:57:07,080 time to enter the market? Obviously generative art, art 1137 00:57:07,080 --> 00:57:09,040 market we were just chatting with as she seed phrase before 1138 00:57:09,040 --> 00:57:10,080 the show. Just chit chatting, the group 1139 00:57:10,080 --> 00:57:11,680 chat with all this and stuff like that. 1140 00:57:12,120 --> 00:57:13,720 He's buying, he's always buying Gen. art. 1141 00:57:13,720 --> 00:57:16,360 He's super bullish turbo bullish Gen. art in the eye. 1142 00:57:16,960 --> 00:57:19,240 What makes you guys bullish about this? 1143 00:57:19,240 --> 00:57:22,000 I want people to hear it because like everybody loves to FUD and 1144 00:57:22,000 --> 00:57:25,400 attack art blocks, floor prize or squiggles this and that. 1145 00:57:25,400 --> 00:57:27,480 But like dude, it's got nothing. It's not a shit coin, you know 1146 00:57:27,600 --> 00:57:29,040 what I mean? Like, do you want to explain 1147 00:57:29,040 --> 00:57:31,880 why, from your perspective, you guys are, I like to say, pretty 1148 00:57:31,880 --> 00:57:34,120 smart investors? What makes this an opportune 1149 00:57:34,120 --> 00:57:39,800 time to get into the market? Well, yeah, timing is timing is 1150 00:57:39,800 --> 00:57:41,400 everything. It's always the hardest thing to 1151 00:57:41,400 --> 00:57:44,920 do. You know we we have a track 1152 00:57:44,920 --> 00:57:48,960 record of a career built on allocating capital when others 1153 00:57:48,960 --> 00:57:52,400 are, yeah, it's cliche right, when others are fearful, that's 1154 00:57:52,400 --> 00:57:56,840 the time to to look and bless Charlie Minder. 1155 00:57:56,840 --> 00:57:59,960 But you know, we we are where we are. 1156 00:58:00,160 --> 00:58:02,200 The space has had eyes turned away. 1157 00:58:02,200 --> 00:58:05,240 We can see all the reasons they all make sense. 1158 00:58:05,280 --> 00:58:08,480 All of us I'm sure have got assets locked up farming air 1159 00:58:08,480 --> 00:58:11,960 drops left, right and center. People aren't aren't there to, 1160 00:58:12,600 --> 00:58:16,040 you know to deploy their new found wealth yet into this space 1161 00:58:17,280 --> 00:58:18,920 there. You know when you have to take 1162 00:58:18,920 --> 00:58:22,640 liquidity from a market and the debt isn't there, the only thing 1163 00:58:22,640 --> 00:58:24,560 that can change to clear the risk is price. 1164 00:58:24,960 --> 00:58:28,000 And so prices went down, it's what it is, right. 1165 00:58:28,120 --> 00:58:35,720 But we believe very strongly that is it's part of the culture 1166 00:58:36,280 --> 00:58:38,760 out there and digital culture is a real thing that's coming. 1167 00:58:38,760 --> 00:58:43,480 We, as mentioned earlier, like it's the wealth effect from 1168 00:58:43,480 --> 00:58:48,840 blockchain has driven people who will be comfortable buying these 1169 00:58:48,840 --> 00:58:51,960 assets and so it's aiming at the blue chips, right, buying the 1170 00:58:51,960 --> 00:58:54,840 top of the top. The value accrues to to the very 1171 00:58:55,080 --> 00:58:58,520 best always. And you know it's hardest, the 1172 00:58:58,520 --> 00:59:01,320 hardest trade in the world and hopefully Amanda, you'll back me 1173 00:59:01,320 --> 00:59:02,960 up is always the mezzanine trade, right? 1174 00:59:02,960 --> 00:59:05,280 When you're stuck in between, it's not one thing, it's not the 1175 00:59:05,320 --> 00:59:07,600 other. But you you pick up Braille 1176 00:59:07,600 --> 00:59:11,360 pieces that other people can't get hold of, like then you've 1177 00:59:11,360 --> 00:59:12,560 got them. That's it. 1178 00:59:12,880 --> 00:59:16,880 It's no one else can get there. Like for example at the. 1179 00:59:16,880 --> 00:59:20,160 And I'm about to shoot myself in the foot here, aren't I? 1180 00:59:20,280 --> 00:59:26,800 Yeah, but you may have seen out there Tyler Hobbs return zero. 1181 00:59:27,200 --> 00:59:31,440 The the algorithm that led up to the Fedenzas, there's only one 1182 00:59:31,440 --> 00:59:35,120 of those. There's only one NFT and we we 1183 00:59:35,600 --> 00:59:40,160 we may well have required that to help be a cornerstone 1184 00:59:40,200 --> 00:59:43,960 underneath a collection again something other people now can't 1185 00:59:43,960 --> 00:59:48,400 do because that for yeah anytime soon. 1186 00:59:48,480 --> 00:59:52,160 Like yeah we're we're big fans we're big fan of the the work 1187 00:59:52,240 --> 00:59:56,600 his his work ethic the the Gen. arts face the the blockchain. 1188 00:59:57,680 --> 01:00:01,080 You know I mean I know everyone throw shade at art blocks but 1189 01:00:01,120 --> 01:00:03,640 what they've done algorithms embedded on chain. 1190 01:00:03,640 --> 01:00:06,600 I mean, it's a beautiful thing like it it it stands the test of 1191 01:00:06,600 --> 01:00:11,280 time or we we think it will. So you know we are supportive 1192 01:00:11,320 --> 01:00:15,840 and that that that naturally fits in as one art movement 1193 01:00:15,840 --> 01:00:18,720 within the district culture that we're trying to curate here the 1194 01:00:18,800 --> 01:00:21,520 generative art, it's not the only piece but you know there 1195 01:00:21,520 --> 01:00:25,040 there are a number we we flesh them out but it's you know the 1196 01:00:25,040 --> 01:00:27,880 value is always unevenly distributed out there in life. 1197 01:00:28,040 --> 01:00:31,480 And so just aiming up the pieces that are going to accrue the 1198 01:00:31,480 --> 01:00:34,960 value, that's what matters And so the the timing. 1199 01:00:34,960 --> 01:00:39,000 Now, yeah you can't always choose when you launch these 1200 01:00:39,000 --> 01:00:42,000 things sometimes you have to you know they're non fungible. 1201 01:00:42,200 --> 01:00:44,560 So when they're available, they're available. 1202 01:00:44,640 --> 01:00:49,600 And you know, through last year there was certain prolific, well 1203 01:00:49,600 --> 01:00:53,000 known collections that were liquidating, which meant there 1204 01:00:53,000 --> 01:00:55,720 were pickings to be had and you know, other people were 1205 01:00:55,720 --> 01:00:58,840 distracted by other pieces. So maybe maybe we took a little 1206 01:00:58,840 --> 01:01:01,760 look and saw what we could find and try and pick. 1207 01:01:02,280 --> 01:01:03,720 A few rails. Tails. 1208 01:01:03,720 --> 01:01:06,520 We've covered all of that. We called them all of it I. 1209 01:01:06,600 --> 01:01:09,840 Mean maybe maybe something in there, you know, might might 1210 01:01:09,840 --> 01:01:10,840 have been, might have been for us. 1211 01:01:11,320 --> 01:01:14,520 You know, we saw Danny's selling his collection of art to sell 1212 01:01:14,520 --> 01:01:16,600 the bees last week. We saw we we follow it. 1213 01:01:16,600 --> 01:01:18,800 We got our finger on the pulse and formal hour. 1214 01:01:18,920 --> 01:01:20,640 We're following the artwork closely here. 1215 01:01:21,080 --> 01:01:23,160 We love it. And you know when, when, when we 1216 01:01:23,160 --> 01:01:26,560 see Heath hit all time highs and then smash past it and this 1217 01:01:26,560 --> 01:01:30,320 cycle and then at another level, then you know again there'll be 1218 01:01:30,320 --> 01:01:31,960 genius whole load of wealth to racism. 1219 01:01:32,680 --> 01:01:34,520 There'll be geniuses. Yeah, yeah, exactly. 1220 01:01:34,520 --> 01:01:35,720 And. And you know, the best way to 1221 01:01:35,720 --> 01:01:38,120 show you're a genius is buying a really nice piece of high end 1222 01:01:38,120 --> 01:01:40,720 hearts that that everyone's proud of. 1223 01:01:40,720 --> 01:01:44,560 Yeah. Yeah, I love that. 1224 01:01:44,680 --> 01:01:47,920 I love that. Listen, it's, it's, it's love to 1225 01:01:47,920 --> 01:01:49,440 see it. I think it's really cool what 1226 01:01:49,440 --> 01:01:51,880 you guys doing and you know, it's it's good to hear that some 1227 01:01:51,880 --> 01:01:55,000 people have actual belief in in this space and it's not the 1228 01:01:55,000 --> 01:01:57,040 everyday D Gen. right. Like it's people who are like 1229 01:01:57,040 --> 01:01:59,720 really, you know, you guys have a long term perspective. 1230 01:01:59,720 --> 01:02:00,680 I mean what's your vision, right? 1231 01:02:00,680 --> 01:02:02,640 Like kind of like last question, he would be like what's your 1232 01:02:02,640 --> 01:02:04,280 vision, right. Three to five years you're 1233 01:02:04,280 --> 01:02:06,040 making these important investments with a fund. 1234 01:02:06,080 --> 01:02:08,600 Of course you must have a goal in mind like what's the long 1235 01:02:08,600 --> 01:02:09,840 term vision for Hive mind capital? 1236 01:02:09,840 --> 01:02:13,520 Sure. Well, yeah, we we think this is 1237 01:02:13,520 --> 01:02:17,160 a space that you know over time becomes more mainstream 1238 01:02:17,160 --> 01:02:19,600 ultimately, right. We, we think the digital culture 1239 01:02:19,600 --> 01:02:21,440 is here to stay. Obviously blockchain is here to 1240 01:02:21,440 --> 01:02:23,560 stay. We've thrown our whole lot in 1241 01:02:23,560 --> 01:02:26,520 like we were, we were, we were normies doing transfer things 1242 01:02:26,520 --> 01:02:30,360 and that was great. But joining forces with with 1243 01:02:30,360 --> 01:02:33,240 some digital natives putting it all together, we we think there 1244 01:02:33,240 --> 01:02:36,960 are opportunities here and we we think as that normalize 1245 01:02:37,440 --> 01:02:41,480 normalizes the opportunity set will grow the pie will just get 1246 01:02:41,480 --> 01:02:45,120 bigger and it's not about sharp elbows and getting everyone out 1247 01:02:45,120 --> 01:02:48,400 of the way to get get access to the one piece although that 1248 01:02:48,400 --> 01:02:52,680 helps with art obviously. But it's about growing that pie 1249 01:02:52,720 --> 01:02:56,720 and we think that we can we can help do that specifically in 1250 01:02:56,720 --> 01:03:01,200 this space. We think that the benefits of 1251 01:03:02,000 --> 01:03:05,640 NTS on blockchain as a medium like it's it's just a technology 1252 01:03:05,640 --> 01:03:08,240 to deliver art. Like people get very hung up on 1253 01:03:08,280 --> 01:03:11,960 NFT and like oh you know right click save as and like yeah 1254 01:03:11,960 --> 01:03:15,440 great good you've you've misunderstand the whole concept. 1255 01:03:16,120 --> 01:03:18,040 Have you ever bought a Prince in the art world? 1256 01:03:18,240 --> 01:03:21,680 Yeah, yeah. Well you know you're not how do 1257 01:03:21,680 --> 01:03:25,160 you anyway you you guys will get the joke but the conversation is 1258 01:03:25,160 --> 01:03:27,760 quite a regular one and over time it just normalizes and 1259 01:03:28,080 --> 01:03:30,800 people see these things auctions at Sotheby's all the time at 1260 01:03:30,800 --> 01:03:34,600 Christie's and and it's like, oh OK well now, now this is a 1261 01:03:34,640 --> 01:03:36,560 meaningful part of the art market. 1262 01:03:36,560 --> 01:03:40,080 And right now whilst everything went crazy in the post COVID 1263 01:03:40,080 --> 01:03:44,520 world, digital art is still a small slice of the global art 1264 01:03:44,520 --> 01:03:46,480 market. So yeah, we think that this is a 1265 01:03:47,160 --> 01:03:52,520 is going to be much bigger and that as that goes on museums 1266 01:03:52,600 --> 01:03:56,200 will will want to show this off like more and more. 1267 01:03:56,200 --> 01:03:59,120 We we have some connections already and some great 1268 01:03:59,120 --> 01:04:03,720 discussions going on in the background and we want to have a 1269 01:04:03,920 --> 01:04:06,920 a collection that is curated that people would be proud to 1270 01:04:06,920 --> 01:04:10,240 show off and and so that's yeah, that means a lot of hard work 1271 01:04:10,240 --> 01:04:12,720 and thoughtful stuff up front to make sure you end at the right 1272 01:04:12,720 --> 01:04:14,880 goal. It means we might be a little 1273 01:04:14,880 --> 01:04:16,400 slower than some would like us to be. 1274 01:04:16,400 --> 01:04:19,080 I'm sure like everyone would love us to come and buy their 1275 01:04:19,080 --> 01:04:22,880 bags and I get it, OK, I do this thing personally too. 1276 01:04:22,880 --> 01:04:26,720 I fully understand it, but but slow and methodical to get to 1277 01:04:26,720 --> 01:04:29,760 the end goal and build something to be proud of that the value 1278 01:04:29,760 --> 01:04:31,480 accrues to. That's that's our game. 1279 01:04:32,280 --> 01:04:34,160 I love that. I love the value of Cruel 1280 01:04:34,160 --> 01:04:35,280 Thesis. I think is very true. 1281 01:04:35,520 --> 01:04:39,600 Relpan is similar last week we roll on Thursday and very off 1282 01:04:39,680 --> 01:04:43,720 you see very similar mindset talked about how he just hit him 1283 01:04:43,720 --> 01:04:46,080 that like all the value will occur like art and FTS and 1284 01:04:46,080 --> 01:04:48,720 crypto art and he I think he just picked up an edition of 10X 1285 01:04:48,720 --> 01:04:51,600 copy himself so love to see that. 1286 01:04:51,640 --> 01:04:55,280 Anyways Richard hi of mine cap thank you for for coming today. 1287 01:04:55,400 --> 01:04:57,920 Thank you for for partnering with us and looking forward to 1288 01:04:57,920 --> 01:05:00,360 to hopefully doing more with you guys and keep championing the 1289 01:05:00,360 --> 01:05:01,280 art. I mean, we need people like 1290 01:05:01,280 --> 01:05:02,840 that. So appreciate what you guys are 1291 01:05:02,880 --> 01:05:03,120 doing. I've. 1292 01:05:04,000 --> 01:05:05,040 Been great. Thank you guys. 1293 01:05:05,360 --> 01:05:06,440 Hey, Richard. Cheers, man. 1294 01:05:07,680 --> 01:05:08,920 So Mando, he bought the Alien, right? 1295 01:05:10,920 --> 01:05:12,520 Oh no, we're not on. We're going to buy a lot of 1296 01:05:12,520 --> 01:05:14,040 things. No, we're not on the record. 1297 01:05:14,040 --> 01:05:15,320 We're not on the record. No, I'm just kidding. 1298 01:05:16,240 --> 01:05:18,000 You can hear a lot in the studio die. 1299 01:05:18,000 --> 01:05:18,880 Love it. And I love that. 1300 01:05:19,160 --> 01:05:20,320 Yeah, I'm sure we'll hear about it. 1301 01:05:20,360 --> 01:05:22,280 I'm sure a lot of people will hear about this. 1302 01:05:22,280 --> 01:05:23,080 This is awesome. They've been busy. 1303 01:05:23,680 --> 01:05:24,680 They've been busy. I love that. 1304 01:05:24,680 --> 01:05:26,640 All right, Mando. Well, I'll see you tomorrow 1305 01:05:26,640 --> 01:05:30,720 morning and or in the order books during the day. 1306 01:05:30,720 --> 01:05:32,560 I think you have wrecked radio in 17 minutes. 1307 01:05:33,800 --> 01:05:35,680 You're. You guys are you guys are 1308 01:05:35,720 --> 01:05:37,280 interviewing a big trader today? Who? 1309 01:05:37,680 --> 01:05:39,440 We interviewing. The thread guy the. 1310 01:05:39,880 --> 01:05:42,200 Thread guy. Yeah, that was a KDMS thread guy 1311 01:05:42,240 --> 01:05:43,880 love fest that decided to have on that. 1312 01:05:43,880 --> 01:05:45,600 I don't really know what we're going to speak to thread guy 1313 01:05:45,600 --> 01:05:48,720 about like he. Took a whole 2 trade in his in 1314 01:05:48,720 --> 01:05:49,640 his life in. Crypto. 1315 01:05:49,640 --> 01:05:50,520 Yeah, MOG. We're going to talk. 1316 01:05:50,920 --> 01:05:52,680 Basically have a whole show about fucking MOG. 1317 01:05:52,880 --> 01:05:54,520 Morgan, Actually, I could use that. 1318 01:05:54,520 --> 01:05:58,200 Morgan Puppets, right? My aligned with it. 1319 01:05:59,000 --> 01:06:03,320 Will be those 3. This rug radio, like you know, 1320 01:06:03,320 --> 01:06:06,920 my bags are very aligned with Threat Guy, so I like that you 1321 01:06:06,920 --> 01:06:09,800 guys are hosting him. Anyways, with that, with that, 1322 01:06:09,800 --> 01:06:11,880 with that, we'll see you tomorrow morning, 10:30 AM 1323 01:06:11,880 --> 01:06:14,200 Eastern Standard Time for another episode of Formal Hour 1324 01:06:14,200 --> 01:06:16,360 on Rug Radio. Let's go.