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I just had to observe one minute
of silence before the show 

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started. 
For our fallen soldier, today is

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a very sad day for for rug 
radio. 

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Today is a very sad day for for,
for rec Guy. 

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Today is a very sad day for FOMO
hour, formerly known as GM Web 

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3. 
Formerly known as GMNFTS, 

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formerly known as smoking 
Jackets. 

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If we want to go that far, you 
know today, in, in, in, in this 

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bull market's first major 
correction, we have lost. 

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We have lost one of our greatest
most fearless bulls. 

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We have lost a man that that 
accepted to step into a ring 

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with the man 10 inches taller 
than him in the in in in the 

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middle of the the the desert of 
Dubai. 

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We we we we lost a man that that
you know that that that is 

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growing his hair to lengths 
never seen before. 

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I mean, Mando, you know, top 
family member of of our fallen 

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soldier, you know, how are you 
this morning? 

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How you feeling? 
It's an emotional day. 

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It's an emotional day. 
I woke up, it just felt like any

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other day. 
It felt like any other day 

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today. 
And then I saw Bitcoin just 

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slowly go lower. 
And then I I I opened up my 

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chats and I it's just disaster. 
Like I I don't know how he has 

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to describe it just just got me 
really emotional. 

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He's been with us for so long 
and I just don't know. 

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I'm just not going to see him 
again. 

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And it just feels, it just feels
really emotional at this at this

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stage. 
Yeah it's a it's a rare 

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occurrence that we saw you you 
know bull posting saying you're 

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long and we saw our fallen 
soldier who I shall not name you

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I. 
Just did it because it just felt

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like the right time, you know, 
Like it just felt as though a 

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rebirth. 
As one life dies, another 

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begins. 
Lana's hitting 82 as we speak. 

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A. 100. 
He would have looked. 

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He would have looked if he was 
alive. 

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I. 
Believe he carried us through 

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$800 E carried us through 11 red
channels in a row. 

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Anyways. 
Anyways, anyways, I think I 

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think that was a good memorial. 
And yo-yo yo-yo yo-yo, what up? 

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What up? 
Good morning. 

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Good morning GMG Tuesday, 
January 23rd, 2023. 

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Look at that. 
Another beautiful date, 

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beautiful day. 
Sorry I had to run it back 

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because that is definitely not 
the vibe I'm looking for here 

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this morning. 
And I love how Ovi on video was 

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eating this entire time as Mando
and I I was just riffing off, 

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totally improvising. 
By the way, did not tell anybody

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anything before going on. 
Ovi. 

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Mando. 
Good morning. 

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Was he just eating lemons, by 
the way? 

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Was he back eating a lemon? 
Is cheese. 

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I was eating cheese. 
Oh my God, it's so funny. 

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I love snacking on cheese, by 
the way. 

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I was like my snack of choice 
every day. 

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Good snack. 
Cheese is good snack. 

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It's. 
Healthy snack, by the way. 

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Oh, how you doing this morning? 
Yeah, I'm good. 

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Yeah, feeling good. 
On On a more positive note, you 

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know formal hour hits its hit. 
Its 2000 follower on XI was just

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looking at that 2 seconds. 
Up only. 

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Up only you know. 
Cracking a new audience I am now

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see. 
When's it gonna break each 

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price? 
Yeah, I mean, I mean what's 

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gonna break it first US going up
or ETH going lower We don't know

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yet. 
But I do want to see more FS in 

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the chat for for our fallen 
soldier of course. 

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So today on the show today, 
today let me get those topics 

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out market updates and moves, 
you know, as usual. 

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You know another day, another 
opportunity to get dumped on by 

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by Barry Silburn and grayscale. 
You know, it's really just like 

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another day. 
What's the reverse of another 

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day, another dollar because it's
it's going the other way around.

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Definitely not another dollar 
this and that. 

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You know, NFT market as usual. 
Solana Bitcoin is. 

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There's a a few things going on 
there actually. 

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It's kind of heating up if you 
ask me, with like kind of crypto

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not being for sure. 
For sure. 

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There's a lot of cool stuff 
happening on that front. 

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A lot of a lot of great news 
that were picked up on Mando 

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minutes. 
I'll probably go be running 

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through that this morning. 
And then last but not least, 

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we'll be joined by Andrea and 
Antonio of Palm Foundation 

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actually could chat all things 
Palm chat with what's going on 

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with them, whatnot. 
We just did a video with them at

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and Joe Lubin actually in Miami.
Art Basel was a great one at our

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house. 
They were our partners there. 

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So excited to have Andrea for 
the last 15 minutes to show to 

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chitchat about what's happening 
in that ecosystem. 

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And as usual, this show is 
powered by Ledger. 

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So without further ado, why 
don't we shake this? 

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This. 
You know what? 

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I think OV has a lot to say this
morning. 

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Why don't we go to OV Daily 
Market Report brought to you by 

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Rug radio? 
Oh, just what's the word? 

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Hey, guys. 
Yeah. 

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So I mean there's not really 
much new today. 

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Yesterday we had the largest 
grayscale out GBTC outflow which

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I think was 640 million but 
there was also it was also the 

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third largest BlackRock ETF 
inflow. 

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So the net number the the net 
output yesterday was just like 

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7. 
It wasn't it was still net 

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outflow but it wasn't a large 
net outflow. 

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It looks like this morning 
grayscale grayscale Bitcoin 

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transferred another 660 million 
or so to Coinbase. 

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I don't know like how much of 
that is like get get sold. 

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It looks, it seems like 
yesterday the the amount that 

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was the outflow was larger than 
the amount transferred. 

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So I'm not really sure, but it 
just seems like to me, you know 

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the market slower because 
there's continued outflows from 

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GBTC and everyone is looking at 
that total assets number which 

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is still north of $20 billion 
for GBTC. 

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And I guess the fear is like 
what happens if, you know, the 

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inflows from the other ETFs 
start to slow down or start to 

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get outpaced by the outflows by 
GBTC and then we're going to be 

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in a pretty ugly situation. 
The other thing is like, you 

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know, we've had the ETFs have 
still shown a net inflow of like

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1.1 billion in in the last seven
days since they've started, and 

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we've still dropped this much in
price. 

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So it's like, you know, how much
more would we have dropped had 

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it? 
Have we not had an inflow 

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created? 
I think that's why I've been a 

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bit more like bearish I guess 
this morning because it just 

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seems like a ton of people would
have had that GPTC was trading 

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at like a $0.50 discount over a 
year ago and that discount is 

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now 0. 
So there's a ton of people who 

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are have been in the money who 
are able able to monetize that 

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after it the ETF conversion and 
actually get out of that trade. 

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And that's the part that's more 
worrying. 

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It's not worrying if someone 
sells GBTC to buy the Black Rock

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ETF because that's like a net 
neutral flow right. 

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But if someone had like this 
great GBTC trade on and then 

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they they're now selling that 
which they're up, they're up 

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massively on it, right? 
They they bought it at a $0.50 

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discount to to Bitcoin and in 
that same time Bitcoin has 

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tripled in price. 
So and if people did that on 

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large amounts of size, they've 
they've really, really crushed 

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it. 
So if you're seeing an unwind of

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that trade now, a lot of that 
money isn't flowing into other 

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ETFs and I think that's the 
risk. 

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The risk is that like we've had 
this point where inflows have 

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outpaced outflows, but we're 
you're starting to see the 

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outflows increase. 
You're starting to see the 

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inflows decrease and what 
happens if they cross and what 

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happens if in seven days you 
actually end up erasing the 

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entire net inflow created by 
ETFs. 

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And what happens if it gets 
worse than that because the 

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number of, you know that total 
value of north of $20 billion in

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GBTC is like a very high number.
So I think like that's my 

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concern and I think that's the 
risk here. 

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I just, I just find it hard to 
see us like rallying until 

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either they just stop selling 
because the outflows are done 

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and beats bitcoins at a loaner 
price where people are like I 

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don't want to sell it anymore. 
So I don't think that 20 billion

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number goes to zero. 
It's probably some portion of 

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the way through that, but we 
just don't. 

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I mean, I just don't know like I
don't know how much more there 

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is to go. 
And it's one of those things 

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like as the price goes lower, it
kind of gets worse because 

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people are like, yeah, well, 
I'll just get out the trade or 

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it reduces demand for for 
Bitcoin ETS from from the the 

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newer buyers. 
So yeah. 

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See, see. 
I would the only argument I 

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00:09:19,600 --> 00:09:24,360
think that's that's that's true.
Well, it's been the total 

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outflow from from GB PBTC. 3.3 
billion. 

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So the other side of that is 
that 1 billion of that was FTX. 

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Yeah, right. 
So the other side of it is that 

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some of it was actually for 
selling and I think they still 

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have a position. 
But if you remove that, then you

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also have a slightly different 
scenario of right. 

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We could see like if that starts
to slow then you start to see a 

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00:09:48,760 --> 00:09:52,600
much bigger inflow picture and 
that rotation becomes slightly 

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stronger. 
The the new news I felt like 

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today was, was was the other 
stuff. 

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It was like Mount Cox is about 
to start distributing something 

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00:10:01,160 --> 00:10:03,680
like a billion worth of Bitcoin 
to people. 

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00:10:05,480 --> 00:10:08,520
Everyone's dunking on Bitcoin. 
So maybe you see some outflows 

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00:10:08,520 --> 00:10:13,320
even from the the 9:00 but this 
morning I saw like the nine 

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00:10:13,320 --> 00:10:17,040
Fidelity saw inflows straight, 
straight away. 

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A bunch of the other ETF seem to
see inflows right in the open. 

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So I don't know like I feel as 
though it's easy to get bed up 

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00:10:24,200 --> 00:10:26,240
on that right now. 
But like when I saw the FTX 

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00:10:26,240 --> 00:10:27,840
headline, I actually thought 
that was like a really bullish 

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00:10:27,840 --> 00:10:32,000
headline because I was like if 
FTX has been the majority of the

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00:10:32,120 --> 00:10:35,800
GBTC selling, then this is 
really more a temporary thing. 

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00:10:35,800 --> 00:10:40,480
And we could continue to see big
inflows as a net over the next 

187
00:10:40,480 --> 00:10:43,680
like month or two because 
volumes have still been really, 

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00:10:43,680 --> 00:10:47,440
really high across, which 
indicates you know, it's still 

189
00:10:47,440 --> 00:10:50,640
been a a relative success. 
That's the only other thing I 

190
00:10:50,640 --> 00:10:54,440
would say it's like a it, it 
might accelerate, but it also 

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00:10:54,440 --> 00:10:57,280
might dissipate like there's two
halves to that. 

192
00:10:57,280 --> 00:10:59,240
It could, it could get worse 
because everyone gets a bit more

193
00:10:59,240 --> 00:11:01,280
bad up and everyone wants to get
out of Bitcoin. 

194
00:11:01,280 --> 00:11:04,760
But also you could see like well
if the FDX stops selling then it

195
00:11:04,760 --> 00:11:06,440
could be it could be signed to 
turn. 

196
00:11:07,440 --> 00:11:12,120
So I think that the FDX thing 
was yesterday and so that's done

197
00:11:12,120 --> 00:11:15,400
that's so if we sort of see like
additional outflows after the 

198
00:11:15,400 --> 00:11:17,880
FTX are done, then I think 
that's kind of bearish. 

199
00:11:17,880 --> 00:11:19,480
It means there's more to go. 
So they're like this morning 

200
00:11:19,480 --> 00:11:23,640
there was another 660 million 
transferred like after FTX, 

201
00:11:23,640 --> 00:11:26,760
right so and so and and 
yesterday as well which is also 

202
00:11:26,760 --> 00:11:30,080
after FTX because the FTX 
headline came out yesterday that

203
00:11:30,320 --> 00:11:31,880
they had sold last week. 
So we had an. 

204
00:11:31,880 --> 00:11:36,240
Additional position no. 
I don't know how much they have 

205
00:11:36,240 --> 00:11:37,720
left. 
I think they have quite a big 

206
00:11:37,720 --> 00:11:39,520
position. 
I need to double check how big, 

207
00:11:39,520 --> 00:11:42,720
but I'm pretty sure they do so I
think it could be then them as 

208
00:11:42,720 --> 00:11:46,560
the seller but. 
Yeah, it may. 

209
00:11:46,840 --> 00:11:50,400
It may well be, but. 
Which makes it more, but I don't

210
00:11:50,400 --> 00:11:52,240
know. 
But I'm, I'm, I mean to look at 

211
00:11:52,240 --> 00:11:55,320
their balance sheet. 
I think no one really know like 

212
00:11:55,320 --> 00:11:58,760
unless you're like in the on the
inside seeing all these flows 

213
00:11:58,760 --> 00:12:01,760
not or if you're at work at 
grayscale like you don't really 

214
00:12:01,760 --> 00:12:04,600
know like how much more there is
to come. 

215
00:12:05,360 --> 00:12:07,960
I think that's the problem like 
we don't of that of that 20 

216
00:12:07,960 --> 00:12:10,000
billion number, the question is 
0. 

217
00:12:10,560 --> 00:12:11,840
They have no more. 
They have no more. 

218
00:12:12,240 --> 00:12:18,280
Right, so $1.2 billion have been
sold after FTX, like non FTX 

219
00:12:18,280 --> 00:12:20,600
flows at least. 
So that isn't that terrible 

220
00:12:20,600 --> 00:12:23,200
though So. 
It's pretty bad, like 2 two 

221
00:12:23,200 --> 00:12:26,000
biggest two of the biggest 
outflow days in a back-to-back 

222
00:12:26,000 --> 00:12:28,440
post FTX. 
But it's outflows, we already 

223
00:12:28,440 --> 00:12:30,680
spoke about this like it's not 
really outflows, it's just like 

224
00:12:30,680 --> 00:12:34,560
somebody may may be transferring
to A to one of the other ETFs. 

225
00:12:34,960 --> 00:12:38,320
So the net, yeah, I mean the, 
the net number at the end of 

226
00:12:38,320 --> 00:12:40,560
the. 
Day has been not excluding, yeah

227
00:12:40,560 --> 00:12:44,240
not including like 2 right? 
Has been a small negative, but 

228
00:12:44,240 --> 00:12:48,320
if it if that changes like 
you're still getting people, you

229
00:12:48,320 --> 00:12:51,720
know getting out of it. 
So yeah, I don't know. 

230
00:12:53,440 --> 00:12:58,120
Yeah, I mean it's, I mean sure, 
I guess we're going to dump a 

231
00:12:58,120 --> 00:13:00,360
little more, but I don't think 
it's, I don't think it's just 

232
00:13:00,360 --> 00:13:03,240
going to rip a $20 billion sale 
for like the next two months, 

233
00:13:03,240 --> 00:13:06,480
right and do this everyday or 
unless this is what's expected 

234
00:13:06,480 --> 00:13:08,480
of them I. 
Don't think they're selling 20. 

235
00:13:08,480 --> 00:13:09,920
Yeah, it's not. 
It's but I just don't know what 

236
00:13:09,920 --> 00:13:10,680
that number is. 
Is it? 

237
00:13:10,880 --> 00:13:12,440
Is it 2? 
Is it 5? 

238
00:13:12,440 --> 00:13:15,640
Is it 10 like? 
So 3 1/2 so far, right? 

239
00:13:17,360 --> 00:13:21,400
33 sold so far. 
A lot of people seem to think on

240
00:13:21,400 --> 00:13:24,080
a timeline that like, it's the 
ETF's fault, but I think people 

241
00:13:24,080 --> 00:13:26,400
realize that if it wasn't for 
ETFs, there would just be no 

242
00:13:26,400 --> 00:13:29,880
inflows as well, right? 
Like, 'cause I think people are 

243
00:13:29,880 --> 00:13:31,880
mistaken. 
Also, how much, And am I wrong 

244
00:13:31,880 --> 00:13:34,920
to say that, like, Barry Silber 
and these people needed to sell 

245
00:13:34,920 --> 00:13:37,400
all this Bitcoin anyways to 
repay people? 

246
00:13:37,640 --> 00:13:41,280
Like, they screwed themselves so
deep, so deep with Celsius and 

247
00:13:41,280 --> 00:13:43,160
Genesis, all this good, all that
good stuff that they were 

248
00:13:43,160 --> 00:13:46,800
running right to the ground? 
Mind you that, you know, it's 

249
00:13:47,080 --> 00:13:49,000
it's almost like if it wasn't 
for the inflows that we're 

250
00:13:49,000 --> 00:13:51,400
getting, which are what, a 
billion dollars a day as well, 

251
00:13:51,400 --> 00:13:55,680
right from from from the the, 
the C9 or whatever they call it,

252
00:13:56,280 --> 00:13:58,680
yeah. 
So if it wasn't for that half a 

253
00:13:58,680 --> 00:14:01,440
billion dollar coming in, you 
could argue that like we'd be in

254
00:14:01,440 --> 00:14:06,560
a much rougher spot over here. 
So two sides of the coin, sadly.

255
00:14:07,000 --> 00:14:09,560
ETFs have definitely been a good
thing for this market. 

256
00:14:10,200 --> 00:14:12,440
Yeah, like, there's no doubt in 
my mind ETFs has been a good 

257
00:14:12,440 --> 00:14:13,880
thing for this market. 
I just want to. 

258
00:14:14,040 --> 00:14:15,720
Mention that because it seems 
like a lot of people seem to say

259
00:14:15,760 --> 00:14:19,040
that it's the ETFs fault, but 
like there's also a missing the 

260
00:14:19,040 --> 00:14:20,360
other side of the coin. 
Exactly. 

261
00:14:20,360 --> 00:14:22,040
It's just like it's one side of 
reporting there. 

262
00:14:22,200 --> 00:14:25,800
That's why, yes, obviously that 
means you can sell your GBTC. 

263
00:14:26,000 --> 00:14:28,240
Like why if I own GBTC, what I 
sell, I own it. 

264
00:14:28,240 --> 00:14:33,040
The only reason I believe is 
they just GBTC can still be 

265
00:14:33,040 --> 00:14:36,880
converted in kind, like can be 
converted into Bitcoin. 

266
00:14:36,880 --> 00:14:39,160
I think that's maybe one of the 
only differences, but it's 

267
00:14:39,160 --> 00:14:41,000
really just more expensive for 
me to hold it. 

268
00:14:41,000 --> 00:14:43,920
So you could continue to see 
outflows, I think for a while. 

269
00:14:45,000 --> 00:14:46,600
Right. 
I guess this is what we're going

270
00:14:46,600 --> 00:14:49,880
to see. 
I mean, look, one thing's for 

271
00:14:49,880 --> 00:14:55,960
sure, it's Johnny Webb 3 here 
posted on the timeline. 

272
00:14:56,040 --> 00:14:58,360
We're seeing an OSF Mando 
Divergent. 

273
00:14:58,640 --> 00:15:01,400
What does this mean for TA 
charting? 

274
00:15:01,400 --> 00:15:03,720
I mean, lads, what is going on? 
I feel like. 

275
00:15:04,000 --> 00:15:06,520
I feel like. 
You know, I don't think we're 

276
00:15:06,560 --> 00:15:09,680
disagreeing, actually. 
I think you are disagreeing if I

277
00:15:09,680 --> 00:15:11,360
I don't. 
Even know he posted that. 

278
00:15:12,040 --> 00:15:16,360
If you go on Obi's timeline 
right now, oh, look at how much,

279
00:15:16,480 --> 00:15:20,400
Look, another 600 mil Coinbase. 
Look at that. 

280
00:15:20,400 --> 00:15:21,240
Hold on. 
That's funny. 

281
00:15:21,240 --> 00:15:24,560
That's like it's funny. 
Posting pictures that. 

282
00:15:25,280 --> 00:15:27,360
What's the next post? 
What's the next post, Mando? 

283
00:15:27,360 --> 00:15:29,000
Sorry guys, it's not looking 
good. 

284
00:15:29,200 --> 00:15:30,120
Now hold on. 
Now. 

285
00:15:30,120 --> 00:15:32,560
The post after that. 
Now the post after this. 

286
00:15:33,000 --> 00:15:35,560
Not this one. 
Oh, I told everybody to be 

287
00:15:35,560 --> 00:15:37,240
cautious. 
And he's dunking on you, Benny 

288
00:15:37,240 --> 00:15:40,760
and I, for, you know, for what? 
You guys, you guys completely 

289
00:15:40,760 --> 00:15:43,960
arrested me two weeks ago when I
said it's time to be cautious 

290
00:15:43,960 --> 00:15:45,480
and I like at the. 
End of it. 

291
00:15:45,520 --> 00:15:46,520
Oh, that's fine. 
I think. 

292
00:15:46,520 --> 00:15:47,440
Capo. 
Like, you're right. 

293
00:15:47,440 --> 00:15:49,280
Like at this stage, this capo's 
just crazy. 

294
00:15:49,280 --> 00:15:52,960
It's like our own Kramer and 
then this infamous tweet. 

295
00:15:52,960 --> 00:15:56,560
I mean OV this, you sold your 
account, right? 

296
00:15:57,040 --> 00:15:59,520
I actually missed all of these 
tweets like I've been working 

297
00:15:59,600 --> 00:16:00,720
all morning. 
I missed. 

298
00:16:00,760 --> 00:16:02,840
I missed him. 
Go Floor Bear rock. 

299
00:16:03,080 --> 00:16:05,120
Did you see? 
The the GM web, the from our 

300
00:16:05,120 --> 00:16:06,240
group we have our own. 
Chat. 

301
00:16:06,240 --> 00:16:08,480
We have our own chat where we 
were talking about like what we 

302
00:16:08,480 --> 00:16:10,800
should do with some of our 
treasury and I think we agreed 

303
00:16:10,800 --> 00:16:12,120
that we wanted to go along 
Solana. 

304
00:16:12,120 --> 00:16:15,480
So I don't really know like. 
Hold on you guys, We've seen 

305
00:16:15,800 --> 00:16:19,000
what he's been doing. 
We're not talking about the Rock

306
00:16:19,000 --> 00:16:22,000
Radio Decrypt treasury here. 
They're talking about their 

307
00:16:22,000 --> 00:16:24,960
treasury, different businesses, 
just everybody. 

308
00:16:25,080 --> 00:16:26,960
Knows we got hold of that, happy
that we trade our own treasury, 

309
00:16:27,080 --> 00:16:33,240
if I'm honest. 
Their treasury, these guys, Sam 

310
00:16:33,320 --> 00:16:38,960
put it at the bottom of the 
thing, but you guys trade that 

311
00:16:38,960 --> 00:16:44,520
treasure around, that's crazy. 
No, no. 

312
00:16:44,520 --> 00:16:46,280
Yeah. 
Very, very, very. 

313
00:16:46,400 --> 00:16:49,200
Trading it, We're just deciding 
what asset we should make, yeah?

314
00:16:49,600 --> 00:16:52,240
What happens in the instance 
that that you got disagree 

315
00:16:52,240 --> 00:16:54,520
because Mando you posted this 
morning first time I've touched 

316
00:16:54,520 --> 00:16:56,040
leverage in a couple weeks which
is true. 

317
00:16:56,040 --> 00:16:59,080
You haven't leveraged traded 
since ETF approval feels like 

318
00:16:59,080 --> 00:17:01,160
the right time to lay before 
that right. 

319
00:17:01,480 --> 00:17:04,599
So feel like the right time to 
layer into some so Long's 

320
00:17:04,599 --> 00:17:08,520
prayers up clearly thus far you 
should be OK for now for the 

321
00:17:08,520 --> 00:17:10,040
last hour. 
That doesn't mean you're going 

322
00:17:10,040 --> 00:17:11,160
to. 
Get done. 

323
00:17:11,800 --> 00:17:14,640
You're going to get dumped on by
Barry by like 3:30 PM Eastern 

324
00:17:14,640 --> 00:17:15,480
Time. 
Does he own? 

325
00:17:15,560 --> 00:17:19,079
Solana. 
Actually, Gary. 

326
00:17:20,440 --> 00:17:24,480
Gary Berry, Larry. 
Larry I. 

327
00:17:24,599 --> 00:17:28,040
Think I just liked some of the 
alts here. 

328
00:17:28,200 --> 00:17:31,880
I I told you I bought some, say 
say and I bought some. 

329
00:17:32,640 --> 00:17:35,960
You're super clean now. 
I bought some Solana mainly 

330
00:17:35,960 --> 00:17:37,520
because funding looked pretty 
decent. 

331
00:17:37,520 --> 00:17:40,720
In fact it was negative in in 
both of those sort of spots. 

332
00:17:41,160 --> 00:17:44,600
It's felt the headlines today 
felt more Bitcoin specific. 

333
00:17:44,800 --> 00:17:49,320
It was grayscale and then it was
it was coming out with the with 

334
00:17:49,320 --> 00:17:51,360
Mount Cox. 
So everyone was like Oh my God, 

335
00:17:51,360 --> 00:17:54,600
Bitcoin's going to zero. 
And I sat there going like well 

336
00:17:54,600 --> 00:17:59,040
Seoul BT CS moved down a lot. 
Says obviously moved down like 

337
00:17:59,040 --> 00:18:02,160
40% in like a two weeks. 
Yeah. 

338
00:18:02,680 --> 00:18:05,960
You sell that if there's a Mount
Gox redemption, I think that 

339
00:18:05,960 --> 00:18:07,800
could bounce quite well. 
So I just, I just bought on some

340
00:18:07,800 --> 00:18:09,680
of those. 
But that wasn't me sitting there

341
00:18:09,680 --> 00:18:12,280
going like, Oh my God, I want to
buy as much Bitcoin as possible.

342
00:18:12,280 --> 00:18:15,000
Bitcoin's actually barely moved 
since since I bought on that 

343
00:18:15,000 --> 00:18:15,720
trade. 
It's up like I mean. 

344
00:18:15,840 --> 00:18:20,760
The top gainers are suey, blur. 
Taos seem to be really, really 

345
00:18:20,760 --> 00:18:23,600
well here, but you know, the 
rest of the market seems to be 

346
00:18:23,600 --> 00:18:27,520
quite ragged, especially Ethan. 
It's beta plays, right? 

347
00:18:27,520 --> 00:18:31,680
Given that like you you we were 
saying that I mean I see the 

348
00:18:31,680 --> 00:18:34,800
time I was saying ETH will be 
bullish if the BTCTF events are 

349
00:18:34,800 --> 00:18:38,600
bullish. 
Sadly Grayscale also has a lot 

350
00:18:38,600 --> 00:18:43,200
of ETH, I believe over half a 
million ETH and not half a 

351
00:18:43,200 --> 00:18:46,800
million in ETH. 
I'm talking about 500,000 coins.

352
00:18:48,400 --> 00:18:52,040
So you know, you know it's it's 
not looking great. 

353
00:18:52,040 --> 00:18:53,280
So therefore what do you look 
at? 

354
00:18:53,360 --> 00:18:56,400
I agree with you on the old side
when it comes to this, but 

355
00:18:56,400 --> 00:18:58,160
anyway, so that's that seems 
like what's going on here, we're

356
00:18:58,160 --> 00:18:59,560
not going to bore people with 
too much of that. 

357
00:19:00,360 --> 00:19:02,000
There is there's a lot of that 
going on. 

358
00:19:02,000 --> 00:19:04,600
Speaking of which, though, 
you're talking about Mancox, it 

359
00:19:04,600 --> 00:19:06,200
seems like what? 
There's a payment coming out 

360
00:19:06,200 --> 00:19:07,960
soon. 
It was known that there would be

361
00:19:07,960 --> 00:19:10,720
a payment like yeah. 
And in the in the world of what 

362
00:19:10,720 --> 00:19:14,040
we're seeing from ETFs, I think 
it's they have 20,000 Bitcoin 

363
00:19:14,040 --> 00:19:17,320
which is equivalent of around 
800 million like we're seeing 

364
00:19:17,320 --> 00:19:19,280
Grayscale basically coming to 
sell that every day. 

365
00:19:19,280 --> 00:19:22,800
So in some ways it feels small 
in this current environment like

366
00:19:22,800 --> 00:19:25,080
once you get into Travel 5 
figures as things start to feel 

367
00:19:25,080 --> 00:19:26,480
very small. 
But yeah they've got, they've 

368
00:19:26,480 --> 00:19:30,520
got some to sell. 
I mean the other big thing that 

369
00:19:30,520 --> 00:19:32,800
I think people should be paying 
again to do is what what was 

370
00:19:32,800 --> 00:19:37,320
announced on a macro level today
which I thought was really 

371
00:19:37,320 --> 00:19:40,200
bullish but but what's been 
going on in China. 

372
00:19:40,200 --> 00:19:46,560
So China has it's stock market 
is at a five year low. 

373
00:19:47,240 --> 00:19:51,120
It's been really ship time 
basically for for China stocks 

374
00:19:51,120 --> 00:19:54,840
particularly those affected by 
the real estate market. 

375
00:19:54,840 --> 00:20:00,120
The China, the China stock 
market is around 5 to 7 trillion

376
00:20:01,960 --> 00:20:03,640
and the government came out 
today and said they're going to 

377
00:20:03,640 --> 00:20:05,480
do a stimulus just shy of 300 
billion. 

378
00:20:06,760 --> 00:20:10,400
Now to put that into perspective
on a relative basis that's about

379
00:20:10,400 --> 00:20:14,480
the same size as the US stimulus
announced in 2008. 

380
00:20:14,680 --> 00:20:18,240
The US at that time had a stock 
market in the. 

381
00:20:18,840 --> 00:20:24,240
Teens trillions and it came out 
with a with a 700 million top 

382
00:20:24,240 --> 00:20:26,960
program to help save all the 
banks and basically save 

383
00:20:26,960 --> 00:20:30,640
everyone. 
Like this is a massive massive 

384
00:20:30,640 --> 00:20:33,520
stimulus like one of the biggest
we've seen if that if that is 

385
00:20:34,040 --> 00:20:37,440
how big they're going to say so 
that is a money printed go 

386
00:20:37,440 --> 00:20:43,560
borough moment like of a scale 
that we haven't seen for since 

387
00:20:43,560 --> 00:20:47,600
2020. 
Yeah that is a huge huge and you

388
00:20:47,600 --> 00:20:50,720
saw stocks rise in China this 
isn't hasn't been like fully 

389
00:20:50,720 --> 00:20:57,000
fully confirmed it's the Chinese
premier I called he he he 

390
00:20:57,000 --> 00:21:00,160
announced that like they're 
going to go down this route but 

391
00:21:00,160 --> 00:21:03,160
if they do do something like 
that then that is like another 

392
00:21:03,160 --> 00:21:06,320
big moment for just like 
everyone printing money to get 

393
00:21:06,320 --> 00:21:10,520
out of problems And I just 
thought it's tough to if I I 

394
00:21:10,520 --> 00:21:12,840
just felt like we could bounce. 
I just didn't feel like this was

395
00:21:12,840 --> 00:21:14,840
a super bearish day for for 
markers. 

396
00:21:16,360 --> 00:21:18,560
OK. 
Look, we like STEMI. 

397
00:21:18,560 --> 00:21:21,680
So there's that one coming up 
and hopefully it's going to save

398
00:21:21,680 --> 00:21:26,280
everybody. 
Besides that on the market side 

399
00:21:26,280 --> 00:21:31,040
was just it was just you know 
good old jam Kramer that seems 

400
00:21:31,040 --> 00:21:35,080
to that seems let's see what's 
up with you guys announcing that

401
00:21:35,080 --> 00:21:37,720
you'll be back now on the show. 
Like you guys it's not an 

402
00:21:37,720 --> 00:21:39,760
airport. 
Jesus. 

403
00:21:40,480 --> 00:21:44,840
He's going to come back with 
like a mango juice or something.

404
00:21:46,280 --> 00:21:50,880
Anyways what do you think I mean
OV you and Jim Cramer share you 

405
00:21:50,880 --> 00:21:54,920
know share share share vision at
this point you know bear 

406
00:21:54,920 --> 00:21:59,440
brothers, Jim Cramer says now 
that bitcoin's down 20% from its

407
00:21:59,440 --> 00:22:01,160
high. 
I expect a strong stand to be 

408
00:22:01,160 --> 00:22:04,520
made but it won't hold because 
not enough money is coming in. 

409
00:22:04,520 --> 00:22:09,400
New theme number go down. 
This seems to be the new team 

410
00:22:09,400 --> 00:22:12,000
here. 
When when are we going back to 

411
00:22:12,000 --> 00:22:15,440
reverse Jim Cramer thingy going 
on? 

412
00:22:15,440 --> 00:22:18,880
Because it seems like seems like
Jim Cramer's been kind of right 

413
00:22:19,440 --> 00:22:23,360
for the last week. 
Yeah, we will. 

414
00:22:23,360 --> 00:22:25,280
We will. 
I I do believe we will. 

415
00:22:25,360 --> 00:22:27,040
I mean I'm still really bullish 
the rest of this year. 

416
00:22:27,040 --> 00:22:29,120
I still think we're in a massive
bull market and an uptrend. 

417
00:22:29,120 --> 00:22:31,720
But you know, you just need to 
be conscious of flows. 

418
00:22:31,720 --> 00:22:35,680
And this isn't just like, for 
me, it's not just like SEC, FUD 

419
00:22:35,680 --> 00:22:39,000
or like you know, other just 
random random things we can't 

420
00:22:39,000 --> 00:22:42,600
really like appropriate like an 
amount to it. 

421
00:22:42,600 --> 00:22:47,000
This is like active selling in 
size every single day. 

422
00:22:47,560 --> 00:22:50,320
Like imagine, let me let me put 
it this way, like imagine you 

423
00:22:50,320 --> 00:22:53,080
have a meme coin, right? 
That's like $10 million market 

424
00:22:53,080 --> 00:22:56,520
cap and you everyone loves it. 
Everyone's really bullish on it.

425
00:22:56,520 --> 00:22:59,840
But like the biggest holder of 
it is someone is selling like, 

426
00:23:00,320 --> 00:23:02,480
you know, a shit ton of it every
single day. 

427
00:23:02,480 --> 00:23:04,640
And because it's like a meme 
coin, every time he sells it has

428
00:23:04,640 --> 00:23:06,680
a big impact. 
Like that's what it feels like 

429
00:23:06,840 --> 00:23:08,200
is what's going on with Bitcoin 
right now. 

430
00:23:08,200 --> 00:23:11,280
Because so much of it, you just 
know every day there's so much 

431
00:23:11,280 --> 00:23:13,120
of it that's going for sale. 
It's just having happening on a 

432
00:23:13,120 --> 00:23:15,760
much grander scale than it would
do for a mean coin. 

433
00:23:15,760 --> 00:23:19,000
So like, I'm really, really 
bullish and I think these dips 

434
00:23:19,000 --> 00:23:23,400
are going to become amazing buys
for people eventually. 

435
00:23:23,400 --> 00:23:26,040
But it's just like we're also at
a point where, like, Bitcoin is 

436
00:23:26,080 --> 00:23:28,000
in the last. 
I know we're down off the highs,

437
00:23:28,000 --> 00:23:31,600
but in the last six months 
Bitcoin is still up 30% and a 

438
00:23:31,600 --> 00:23:34,760
lot of alts are up three to five
X maybe even more than that. 

439
00:23:34,760 --> 00:23:39,160
So like a some kind of a 
correction makes sense. 

440
00:23:39,160 --> 00:23:41,600
And I don't know, like maybe 
we've had that correction and 

441
00:23:41,600 --> 00:23:44,040
maybe we've had that dip maybe 
we go higher from here, I'm not 

442
00:23:44,040 --> 00:23:46,000
really sure. 
But the only thing that I do 

443
00:23:46,000 --> 00:23:49,440
know is if we keep if the the 
thing that I'm worried about, 

444
00:23:49,440 --> 00:23:50,880
I'm I'm not sure where we go 
from here. 

445
00:23:50,880 --> 00:23:55,280
But one thing I am sure about is
if we start seeing net outflow 

446
00:23:55,280 --> 00:24:00,120
numbers from ETFs and you start 
you see that $1.1 billion net 

447
00:24:00,120 --> 00:24:03,000
inflow get eradicated which 
could happen in a few days. 

448
00:24:03,600 --> 00:24:05,880
Then I think we're going to be a
decent amount lower from here. 

449
00:24:05,880 --> 00:24:07,960
And I think that's the risk and 
we just have to watch out for 

450
00:24:07,960 --> 00:24:09,280
that data. 
That data could change. 

451
00:24:09,280 --> 00:24:12,600
I don't really know, but it 
doesn't feel like you know I I 

452
00:24:12,600 --> 00:24:15,200
was hoping we we knew about the 
GB TCAA while back and I was 

453
00:24:15,200 --> 00:24:17,480
hoping like after three or four 
days they would have sold what 

454
00:24:17,480 --> 00:24:20,160
they wanted to sell and like the
outflows would slow down but the

455
00:24:20,160 --> 00:24:23,200
outflows keep going higher. 
And yes there's there's inflows 

456
00:24:23,200 --> 00:24:26,000
coming from from the other nine,
but that that number is slowing 

457
00:24:26,000 --> 00:24:27,680
as well. 
So you know. 

458
00:24:29,000 --> 00:24:32,040
Sorry, it's connecting to Mendel
what he just said to us, and it 

459
00:24:32,040 --> 00:24:34,040
has to do with what you're 
talking about right now. 

460
00:24:37,960 --> 00:24:42,840
No, no Celsius network moved 
$1.2 billion worth of E. 

461
00:24:45,400 --> 00:24:49,000
Celsius have got a lot of money 
that pay that pays. 

462
00:24:52,240 --> 00:24:54,360
It was a good run. 
See you guys. 

463
00:24:54,960 --> 00:25:02,280
Guys, we've all died. 
Oh. 

464
00:25:04,080 --> 00:25:05,880
No. 
Oh God. 

465
00:25:10,440 --> 00:25:13,880
Bouncing Eve, Oh, we're already 
down 7% today. 

466
00:25:14,760 --> 00:25:21,920
Let's move 1.2 billion there. 
Oh my God. 

467
00:25:21,960 --> 00:25:26,840
Oh fuck. 
Oh fuck. 

468
00:25:28,880 --> 00:25:29,920
OK. 
So where do they Where do they 

469
00:25:29,920 --> 00:25:33,640
move it to, I mean. 
They are liquidating their whole

470
00:25:33,640 --> 00:25:37,320
treasury by the end of this 
month, I believe, so I didn't 

471
00:25:37,320 --> 00:25:38,680
realize they had that much eat 
left. 

472
00:25:39,000 --> 00:25:41,040
I mean, it's OK. 
So this month there's only seven

473
00:25:41,040 --> 00:25:43,960
days left, right? 
Yeah, I think they, they agreed 

474
00:25:43,960 --> 00:25:47,120
that they would pay back 
creditors in January. 

475
00:25:47,160 --> 00:25:50,480
So like, I don't know, like I 
thought it was more going to be 

476
00:25:50,480 --> 00:25:53,640
happening right now. 
I thought they'd largely sell. 

477
00:25:53,640 --> 00:25:56,480
Remember, like during the first 
couple of weeks of January they 

478
00:25:56,520 --> 00:25:58,680
were selling, They sold a lot 
of, but I didn't know they had 

479
00:25:58,720 --> 00:26:01,920
1.2 million left. 
It's funny, man. 

480
00:26:02,080 --> 00:26:03,880
Headline is so in your face, 
isn't it? 

481
00:26:03,880 --> 00:26:08,880
It's like, it's like, yes, I 
read it like five times to be 

482
00:26:08,880 --> 00:26:12,520
like, is that really like? 
So much, yeah. 

483
00:26:12,760 --> 00:26:14,680
A jello bite saying I missed 
inflatable. 

484
00:26:14,680 --> 00:26:17,160
I think I'm going to go get my 
Christmas decorations back out 

485
00:26:18,880 --> 00:26:21,120
and bringing the inflatable back
at behind me. 

486
00:26:21,520 --> 00:26:23,400
You're right. 
I mean so much, you know, like 

487
00:26:23,480 --> 00:26:25,720
so much for like transparency in
the space, right. 

488
00:26:26,280 --> 00:26:29,400
And everything being on chain 
where like Arkham Intelligence 

489
00:26:29,400 --> 00:26:32,680
can just tell you at any second 
like who's selling what and how 

490
00:26:32,680 --> 00:26:37,240
much and where it's going. 
Oh my God, it's just comical 

491
00:26:37,240 --> 00:26:40,960
this day. 
We're just like, it's like all 

492
00:26:40,960 --> 00:26:43,440
of us are just like here every 
day just getting ducked on. 

493
00:26:43,560 --> 00:26:45,840
And like, I understand at the 
end of this dumped on. 

494
00:26:45,840 --> 00:26:48,400
And end of the day, like, I have
so much respect for all of us 

495
00:26:48,840 --> 00:26:51,240
like crypto participants because
we can take a lot, man. 

496
00:26:51,280 --> 00:26:53,840
Like, right. 
If you're still here, just keep 

497
00:26:53,840 --> 00:26:55,840
on going, all right, Just keep 
going. 

498
00:26:56,120 --> 00:26:59,760
It's just January 23rd, baby. 
Episode 44. 

499
00:26:59,760 --> 00:27:03,800
See 444. 
Today's episode 44. 

500
00:27:03,800 --> 00:27:06,040
A FOMO. 
Hour FOMO is how many letters? 

501
00:27:06,200 --> 00:27:09,240
4 hour 444-4424. 
You understand? 

502
00:27:09,240 --> 00:27:11,880
Like astrology. 
Numerology. 

503
00:27:12,320 --> 00:27:15,720
OK, everybody just chill for a 
minute. 

504
00:27:16,000 --> 00:27:19,080
We'll be fine, right? 
Right, Amando. 

505
00:27:20,160 --> 00:27:21,560
I don't. 
I'm done, dude. 

506
00:27:21,640 --> 00:27:25,120
Showed it all. 
I'm not, I'm not encouraging 

507
00:27:25,120 --> 00:27:28,120
people to sell, but I'm just 
saying like 2 weeks ago everyone

508
00:27:28,120 --> 00:27:31,360
was euphoric and a lot of people
were round tripped whatever they

509
00:27:31,360 --> 00:27:33,840
made two weeks ago. 
And so it's like, it's not like,

510
00:27:33,840 --> 00:27:35,360
it's not like I'm not saying 
sell here. 

511
00:27:35,360 --> 00:27:37,400
I'm not saying and you know, if 
anything I'm saying like you 

512
00:27:37,400 --> 00:27:39,480
should average down. 
But like it just goes to show 

513
00:27:39,480 --> 00:27:42,400
like, yeah, don't underestimate 
how things can move and where 

514
00:27:42,400 --> 00:27:45,080
they can move. 
And if you make life changing 

515
00:27:45,080 --> 00:27:46,560
gains, you're gonna take some 
profits. 

516
00:27:46,560 --> 00:27:48,160
And that's it. 
Like. 

517
00:27:48,160 --> 00:27:50,920
Where is more than that? 
Where's the next mogul guy when 

518
00:27:50,920 --> 00:27:57,560
we need a prayer on the show? 
All right. 

519
00:27:57,560 --> 00:28:01,480
Well, I guess, you know, we 
shall see where that takes us, 

520
00:28:02,240 --> 00:28:04,280
ladies and gents. 
But don't, I would say also 

521
00:28:04,280 --> 00:28:05,960
like, we're also a lot of this 
is like us. 

522
00:28:05,960 --> 00:28:07,240
Like we're joking around between
one another. 

523
00:28:07,240 --> 00:28:08,720
We're like, OK, let's get dumped
on another day. 

524
00:28:08,720 --> 00:28:10,840
But like, don't just go like 
panic selling your whole like 

525
00:28:10,840 --> 00:28:13,360
life just because of like you're
seeing all this stuff going. 

526
00:28:13,400 --> 00:28:16,840
On I'm buying like not. 
Everything's, you know, not 

527
00:28:16,840 --> 00:28:20,080
everything's gonna go, you know,
not everything's, you know, all 

528
00:28:20,080 --> 00:28:22,280
bad now. 
OK dude, I'm fucking bullish as 

529
00:28:22,280 --> 00:28:24,560
fuck I might. 
What Mando are you giving in 

530
00:28:24,560 --> 00:28:27,160
right now? 
I just, I just showed you the 

531
00:28:27,160 --> 00:28:27,880
trades. 
I'm. 

532
00:28:27,960 --> 00:28:31,440
I'm moving in Ohio. 
Solana. 

533
00:28:32,800 --> 00:28:36,600
Solana, are Solana, Maxis here 
we're we're we're big man let's 

534
00:28:36,600 --> 00:28:38,800
on the show with Jupiter coming 
in. 

535
00:28:38,800 --> 00:28:42,200
Speaking of which actually 
that's what I was I was talking 

536
00:28:42,200 --> 00:28:48,240
about yesterday but Meow who has
the so only the space right. 

537
00:28:48,440 --> 00:28:51,680
One of the most anticipated 
drops air drops in the space and

538
00:28:51,840 --> 00:28:53,880
one of the biggest builders 
right now is called Meow. 

539
00:28:54,320 --> 00:28:55,920
But he's a Chad, let me tell you
that. 

540
00:28:56,480 --> 00:29:00,680
But Meow yesterday posted on 
Jupiter, which is arguably one 

541
00:29:00,680 --> 00:29:02,720
of the most anticipated airdrops
this year thus far. 

542
00:29:02,960 --> 00:29:06,680
And at least what's going on in 
multiple phases drop yesterday 

543
00:29:06,680 --> 00:29:11,720
that the AirDrop of course goes 
live on the 31st, but that they 

544
00:29:11,720 --> 00:29:14,280
ended up launching, dropping a 
launchpad. 

545
00:29:14,280 --> 00:29:16,760
And I thought that was really 
interesting and super bullish in

546
00:29:16,760 --> 00:29:18,880
general for the slalom ecosystem
because obviously a lot of stuff

547
00:29:18,880 --> 00:29:21,000
is being built on there and 
obviously, there's a lot of 

548
00:29:21,000 --> 00:29:23,880
wealth has been created over the
last year in that ecosystem. 

549
00:29:24,480 --> 00:29:26,480
And so what's going to happen? 
And I'm curious to hear your 

550
00:29:26,480 --> 00:29:29,720
thoughts here for the people who
don't want to read, they're 

551
00:29:29,720 --> 00:29:31,320
launching, they're dropping a 
launchpad. 

552
00:29:32,320 --> 00:29:35,080
You guys can go see like what's 
what's the details of it, what 

553
00:29:35,080 --> 00:29:37,480
not. 
But what's interesting here is 

554
00:29:37,480 --> 00:29:40,000
that it's going to come out in 
twofold. 

555
00:29:40,000 --> 00:29:45,120
So the Jupiter air drop is on 
the 31st, which is massive, but 

556
00:29:45,400 --> 00:29:47,280
there's another token launching 
before that. 

557
00:29:47,480 --> 00:29:49,560
Yeah, you that. 
Manlets cannot read. 

558
00:29:49,680 --> 00:29:51,840
Come on. 
I know it's very long, but you 

559
00:29:51,840 --> 00:29:54,200
know what I did? 
I actually read it all because I

560
00:29:54,320 --> 00:29:56,560
figured that we need to talk 
about this today because like in

561
00:29:56,680 --> 00:29:59,000
positive news, like actually 
happened in the ecosystem, but 

562
00:30:00,280 --> 00:30:02,640
there's going to be, they're 
saying first two projects for 

563
00:30:02,640 --> 00:30:04,480
LFG beta, beta. 
So LFG is the name of the 

564
00:30:04,480 --> 00:30:08,520
launchpad and they're say we are
trying out a lot of new things 

565
00:30:08,600 --> 00:30:11,360
with this launchpad and many, 
many things can go wrong. 

566
00:30:11,360 --> 00:30:15,120
As such, as we will host, we 
will host a lower stakes launch 

567
00:30:15,600 --> 00:30:20,480
1st and then finally eat our own
dog food with Jupe SO1A Fun Coin

568
00:30:20,480 --> 00:30:24,800
managed by our good friends. 
Ovo LS OVOS NFT will launch this

569
00:30:24,800 --> 00:30:27,320
week. 
Some help from with some help 

570
00:30:27,320 --> 00:30:29,920
from me, I will have zero 
financial stake in it and 

571
00:30:29,920 --> 00:30:33,040
Jupiter will have 0 involvement 
in the meme coin and then 

572
00:30:33,160 --> 00:30:35,040
they're launching their main 
coin three. 

573
00:30:35,040 --> 00:30:37,040
What do we think here? 
What do we think is going to 

574
00:30:37,040 --> 00:30:39,120
happen here? 
Of course, like Jupiter AirDrop 

575
00:30:39,120 --> 00:30:41,200
is massive, right? 
It's as if like just so people 

576
00:30:41,200 --> 00:30:42,440
understand. 
It's as if for ETH, like the 

577
00:30:42,440 --> 00:30:44,600
unit swap AirDrop just happened 
all over again kind of right? 

578
00:30:44,600 --> 00:30:48,200
Is it fair to say like and So 
what do we think here? 

579
00:30:48,200 --> 00:30:51,240
They're launching it's coin 
first with a project to show the

580
00:30:51,240 --> 00:30:53,720
launchpad works, make sure it 
works and it's battle tested, 

581
00:30:54,000 --> 00:30:55,040
Then launching the droop 
AirDrop. 

582
00:30:55,040 --> 00:30:57,800
What do you guys think? 
I haven't seen a deck do a 

583
00:30:57,800 --> 00:31:01,240
launchpad before. 
Normally the launchpad you'd 

584
00:31:01,240 --> 00:31:04,760
associate with like Binance or 
Coinbase or one of these like 

585
00:31:04,760 --> 00:31:06,480
guys. 
This is interesting because 

586
00:31:06,480 --> 00:31:08,520
they've got their airdrops, so 
clearly they they're going to 

587
00:31:08,520 --> 00:31:12,680
use that to like encourage 
projects to launch through them.

588
00:31:12,680 --> 00:31:14,720
Probably I guess they get some 
sort of token allocation, I 

589
00:31:14,720 --> 00:31:17,240
don't even know, but I've I 
haven't seen something like 

590
00:31:17,240 --> 00:31:18,560
this. 
Uniswap doesn't even do this 

591
00:31:18,560 --> 00:31:19,920
sort of stuff right? 
Like does Uniswap have a 

592
00:31:19,920 --> 00:31:25,280
launchpad? 
This is this is a new model of 

593
00:31:25,480 --> 00:31:30,720
of trying to launch coins on 
chain Maxis I think will love 

594
00:31:30,720 --> 00:31:33,360
it. 
Obviously the majority of on 

595
00:31:33,360 --> 00:31:38,040
chain coins that we see are shit
coins, so I don't really know if

596
00:31:38,040 --> 00:31:42,160
that suits having a launchpad 
because you're basically getting

597
00:31:42,160 --> 00:31:43,480
in bed with a bunch of shit 
coins. 

598
00:31:45,040 --> 00:31:49,040
I'm pretty sure this this group 
got involved in one yesterday. 

599
00:31:49,120 --> 00:31:53,120
I wonder if that would have made
it to the launchpad, but the we.

600
00:31:54,120 --> 00:31:55,920
Really bought a shit coin right 
before everything. 

601
00:31:55,920 --> 00:31:58,680
Newt. 
I love it. 

602
00:31:59,080 --> 00:32:01,880
I love this game. 
So yeah, I don't know. 

603
00:32:01,880 --> 00:32:04,200
It feels like a dangerous game. 
But let's see what happens. 

604
00:32:05,000 --> 00:32:06,360
Yeah, no, 100%. 
What do you think? 

605
00:32:06,440 --> 00:32:08,200
Oh yeah, I know you. 
You've been dabbling on Jupiter.

606
00:32:08,200 --> 00:32:09,920
You've been using DCA tool a 
lot, right? 

607
00:32:09,960 --> 00:32:11,640
I think you've been dabbling 
right. 

608
00:32:11,640 --> 00:32:12,640
You don't do a little. 
Thing. 

609
00:32:14,040 --> 00:32:18,160
I think Jupiter's incredible, 
the EU, the UI on Jupiter is 

610
00:32:18,160 --> 00:32:22,120
like the UX Jupiter that the 
user experience is incredible. 

611
00:32:22,120 --> 00:32:24,640
Like I always just use it 
because it's so nice to use, 

612
00:32:24,640 --> 00:32:27,600
even if I like. 
I'm just fucking around like 

613
00:32:27,680 --> 00:32:31,000
lose everything. 
It's it's incredible and I don't

614
00:32:31,000 --> 00:32:33,120
like. 
So yes, like there are a lot of 

615
00:32:33,120 --> 00:32:35,600
shit coins predominantly love 
shit coins that common chain. 

616
00:32:35,600 --> 00:32:38,920
But there are like real projects
that launch coins on chain first

617
00:32:39,240 --> 00:32:41,200
that perhaps don't get tier one 
listings. 

618
00:32:41,200 --> 00:32:45,760
And I think you know Solana, we 
we're expecting a big increase 

619
00:32:45,760 --> 00:32:47,640
in building on Solana and 
there'll be more and more 

620
00:32:47,720 --> 00:32:52,000
projects and tokens. 
And I think yes like it maybe 

621
00:32:52,000 --> 00:32:55,880
has a reputation for a lot of 
mean coins right now but I think

622
00:32:55,880 --> 00:32:58,560
they shouldn't like discredit 
any of the people doing you know

623
00:32:58,680 --> 00:33:02,120
some some real work on that 
blockchain and more stuff to 

624
00:33:02,120 --> 00:33:05,720
come that I think could actually
benefit from you know from the 

625
00:33:05,720 --> 00:33:08,200
achieve launchpad and look like 
some people prefer to trade on 

626
00:33:08,200 --> 00:33:11,160
chain than they do on sexes. 
Like obviously people who don't 

627
00:33:11,160 --> 00:33:12,680
pay tax and all that kind of 
stuff. 

628
00:33:12,680 --> 00:33:16,440
But it is easier like you know 
you're operate like for like if 

629
00:33:16,440 --> 00:33:19,160
you're always operating on 
chain, it's much easier to just 

630
00:33:19,160 --> 00:33:21,720
go to connect your wallet and 
and transact And it is to like 

631
00:33:22,120 --> 00:33:26,560
send your thing to another, you 
know to a sex and then wait for 

632
00:33:26,600 --> 00:33:29,160
them for confirmations and then 
trade it and and then back 

633
00:33:29,160 --> 00:33:33,440
etcetera so. 
It's, you see, no taxes if you 

634
00:33:33,440 --> 00:33:34,920
trade on chain. 
Is that a rule? 

635
00:33:35,480 --> 00:33:40,000
Well, it's not a rule, but if 
you don't want to like dox 

636
00:33:40,000 --> 00:33:44,240
yourself, then because right? 
OK, but I know you. 

637
00:33:44,440 --> 00:33:46,600
Have to take your money out 
somehow, so you're doxing. 

638
00:33:47,160 --> 00:33:48,640
Your debt. 
You'd be surprised at the amount

639
00:33:48,640 --> 00:33:51,040
of people who just live on the 
Internet and have no intention 

640
00:33:51,040 --> 00:33:53,120
of taking the money out into 
real real life money and just, 

641
00:33:54,280 --> 00:33:56,040
you know, fuck around online 
like you'd be. 

642
00:33:56,040 --> 00:33:58,200
Surprised wallets are also 
untraceable, so. 

643
00:33:58,880 --> 00:34:00,640
Yeah, I mean, it's just always 
have that soul. 

644
00:34:04,360 --> 00:34:05,440
No one will. 
Find me, Yeah. 

645
00:34:09,000 --> 00:34:12,040
I'm I'm, I'm proud, I'm proud, 
proud of all my trades. 

646
00:34:12,880 --> 00:34:15,520
I'm proud of your trades, too, I
said. 

647
00:34:15,520 --> 00:34:22,600
They could have a lot of them 
with you, but Oh my God, it's 

648
00:34:22,600 --> 00:34:25,760
like anyways it's all a lot. 
I saw a lot. 

649
00:34:25,760 --> 00:34:27,800
So that's going on. 
I would, I would just say like 

650
00:34:28,159 --> 00:34:30,159
the reason why I want to bring 
it up today though the Jupiter 

651
00:34:30,159 --> 00:34:31,960
things like you guys like 
listening to this like should 

652
00:34:31,960 --> 00:34:33,440
pay attention to what's 
happening on Jupiter. 

653
00:34:33,480 --> 00:34:36,040
Like this is seriously could be 
something really big and like 

654
00:34:36,320 --> 00:34:39,400
the 31st is 7 days away. 
We could be still back by then. 

655
00:34:39,400 --> 00:34:41,159
You know it's one day 
everything's done, one day 

656
00:34:41,159 --> 00:34:44,120
everything's back. 
Like the market sentiment 

657
00:34:44,120 --> 00:34:47,440
completely changed starting next
week and like and you could see 

658
00:34:47,440 --> 00:34:49,960
things take a good turn for the 
better and for what it's worth 

659
00:34:49,960 --> 00:34:53,120
like just because majors and 
stolen some the L coins are 

660
00:34:53,120 --> 00:34:55,800
getting decimated. 
It does like the NFT market is 

661
00:34:55,800 --> 00:34:58,440
like the it's not like all the 
crypto's dying like when we 

662
00:34:58,440 --> 00:35:01,160
we've seen that historically 
like Bitcoin will go down and 

663
00:35:01,160 --> 00:35:02,360
stuff like that figure itself 
out. 

664
00:35:02,360 --> 00:35:05,840
But like NFTS will still pop. 
Like mean coins will still pop. 

665
00:35:05,880 --> 00:35:07,800
But you have maybe in U.S. 
dollar terms like your 

666
00:35:07,800 --> 00:35:10,400
opportunity is a little lower 
but you can still still stack 

667
00:35:10,400 --> 00:35:11,840
all the coins that you're you 
know going after. 

668
00:35:11,840 --> 00:35:13,880
There's still some really good 
trades out there which leads me 

669
00:35:13,880 --> 00:35:15,480
to the second thing that I 
wanted to talk about today. 

670
00:35:16,040 --> 00:35:19,000
And I see our our guest is in 
the is in the studio already but

671
00:35:19,680 --> 00:35:22,400
non fungible Dow which was like 
announced like a magic Eden 

672
00:35:22,400 --> 00:35:24,280
thing right? 
And so looks like there's a lot 

673
00:35:24,280 --> 00:35:27,720
of stuff brewing on the NFT side
that was announced yesterday. 

674
00:35:28,200 --> 00:35:31,080
Looks like there's going to be a
token right with the ticker sign

675
00:35:31,080 --> 00:35:35,640
NFT that is going to be launched
and so the non per non fungible 

676
00:35:35,640 --> 00:35:40,360
Dow they're saying introducing 
NF, DAO powered by NFT. 

677
00:35:40,400 --> 00:35:43,080
Non fungible DAO will be a 
community owned decentralized 

678
00:35:43,080 --> 00:35:45,880
organization on a mission to 
develop and drive adoption on 

679
00:35:45,880 --> 00:35:49,080
the protocols that willpower the
future of NFT commerce. 

680
00:35:49,480 --> 00:35:52,920
And so it also says that it was 
originally developed by Magic 

681
00:35:52,920 --> 00:35:57,120
Eden, not, sorry, nonfish, that 
owns and governs the best open 

682
00:35:57,120 --> 00:36:00,160
source technologies which were 
developed by Magic Eden. 

683
00:36:00,240 --> 00:36:01,440
Yeah, yeah, yeah. 
You know how it works. 

684
00:36:01,440 --> 00:36:03,520
You know what this is? 
This is Magic Eden coin. 

685
00:36:03,520 --> 00:36:04,920
We don't have to claim that it's
not. 

686
00:36:05,640 --> 00:36:08,880
So anyways, Magic Eden is pretty
much in the business of coins. 

687
00:36:08,960 --> 00:36:11,440
And what do you guys think here?
I mean, that team I have to say 

688
00:36:11,440 --> 00:36:13,320
and we've said it a lot and 
every time there's news like 

689
00:36:13,320 --> 00:36:15,200
they are really just plowing 
through this. 

690
00:36:15,680 --> 00:36:17,880
I like this. 
I think this could be, this 

691
00:36:17,880 --> 00:36:19,400
could be pretty big. 
What do you guys think about it?

692
00:36:21,040 --> 00:36:23,320
Yeah, I think it could very 
popular platform, yeah. 

693
00:36:25,240 --> 00:36:28,320
They they brought a new wallet. 
They brought a new like open 

694
00:36:28,320 --> 00:36:30,920
source platform now for 
development and they brought a 

695
00:36:30,920 --> 00:36:35,240
new coin like Magic Eden are 
doing everything that Open C are

696
00:36:35,240 --> 00:36:37,120
not doing well. 
I guess obviously they bring out

697
00:36:37,120 --> 00:36:41,040
a wallet, but they're definitely
going down a more aggressive Web

698
00:36:41,040 --> 00:36:42,880
3 route. 
We like that. 

699
00:36:42,880 --> 00:36:46,320
We like that team. 
There were periods where it felt

700
00:36:46,320 --> 00:36:48,360
like they were jumping from 1 
ship to the other, but now 

701
00:36:48,360 --> 00:36:51,600
they're like leading. 
I think team is strongest in 

702
00:36:51,600 --> 00:36:54,920
many different fields, so I 
think I think people are way, 

703
00:36:55,000 --> 00:36:58,200
way more on board with that. 
Yeah, I think this is definitely

704
00:36:58,200 --> 00:36:59,760
a case of credit goers with 
credit is due. 

705
00:36:59,760 --> 00:37:01,200
I mean what do you think? 
Oh yeah, what do you think this 

706
00:37:01,200 --> 00:37:02,400
could mean for the NFT market, 
right. 

707
00:37:02,400 --> 00:37:05,080
Like you saw obviously on the 
blur side, Blur did bring a lot 

708
00:37:05,080 --> 00:37:06,640
of liquidated first and worked 
out. 

709
00:37:06,640 --> 00:37:08,680
I mean right now one of the only
tokens it's up is actually blur.

710
00:37:10,320 --> 00:37:13,680
So what's what do you think this
this means for for the like 

711
00:37:13,680 --> 00:37:19,480
overall NFT market? 
It should be good, I think. 

712
00:37:19,560 --> 00:37:21,880
You know, NF TS have become a 
bit the weird one because it's, 

713
00:37:21,880 --> 00:37:25,000
it feels like there's not really
much real volumes anymore and a 

714
00:37:25,000 --> 00:37:27,840
lot of the volumes are just 
farming and whether, you know, I

715
00:37:27,840 --> 00:37:30,560
know Blur is is finishing, but 
there are other platforms where 

716
00:37:30,560 --> 00:37:32,320
you can farm. 
Obviously there's a lot of 

717
00:37:32,320 --> 00:37:36,480
farming on Solana right now. 
So yeah, I don't know, just I 

718
00:37:36,480 --> 00:37:37,880
think we'll have another NFT 
season again. 

719
00:37:37,880 --> 00:37:41,480
And I think it, I do think it 
just comes after like a big 

720
00:37:41,480 --> 00:37:43,560
crypto rally. 
I think that makes more sense to

721
00:37:43,560 --> 00:37:46,200
me. 
But yeah, it's just you know, 

722
00:37:46,200 --> 00:37:48,200
compared to like you know, if 
you're if you're around here in 

723
00:37:48,600 --> 00:37:51,720
2021 and even the first half of 
2022, the NFT market was 

724
00:37:51,720 --> 00:37:53,760
completely different. 
Like there was just so much 

725
00:37:53,760 --> 00:37:56,800
focus on every new project that 
came out, so much volume going 

726
00:37:56,800 --> 00:37:59,480
through and people trying to get
stuff with good traits and 

727
00:37:59,480 --> 00:38:00,880
everything. 
Like it was a, it was a very 

728
00:38:00,880 --> 00:38:04,560
super interesting market and it 
just got very commoditized very 

729
00:38:04,560 --> 00:38:05,760
quickly. 
And now it just seems like 

730
00:38:05,760 --> 00:38:09,040
there's not really any, I mean 
there's not a ton of real volume

731
00:38:09,040 --> 00:38:09,960
compared to what they used to 
be. 

732
00:38:09,960 --> 00:38:13,960
So I don't know like I think it 
would be nice to see it come 

733
00:38:13,960 --> 00:38:17,840
back and I just, I just don't 
feel like you know there's in 

734
00:38:17,840 --> 00:38:21,400
the past a lot of these platform
to tokens it would go back into 

735
00:38:21,440 --> 00:38:24,720
you know the Stemmies would go 
back into the NFT market and it 

736
00:38:25,040 --> 00:38:27,040
just feels like it's not going 
back into the NFT market right 

737
00:38:27,040 --> 00:38:28,640
now, it's going to to other 
places. 

738
00:38:29,720 --> 00:38:32,360
Yeah, notably, like meme coins, 
for what it's worth. 

739
00:38:32,360 --> 00:38:33,880
So we'll see where that takes 
us. 

740
00:38:33,880 --> 00:38:37,040
But it looks like on the NFT 
market side, just to go over 

741
00:38:37,040 --> 00:38:39,680
that quickly, here, let me pull 
up digens. 

742
00:38:39,680 --> 00:38:43,160
I mean stuff still running, you 
know, not still doing pretty 

743
00:38:43,160 --> 00:38:44,480
well. 
I did see the autoglyphs. 

744
00:38:44,480 --> 00:38:47,840
Do you see all that 22 
autoglyphs moved OTC from from 

745
00:38:47,840 --> 00:38:50,880
the Larva Labs collection, So 
you'd love to see that. 

746
00:38:50,880 --> 00:38:54,320
I don't know if the prices were 
disclosed, but I'm assuming it's

747
00:38:54,320 --> 00:38:57,000
high up there, right? 
There were gorgeous glyphs that 

748
00:38:57,000 --> 00:38:59,160
moved. 
Really nice ones, yeah. 

749
00:38:59,360 --> 00:39:01,600
Yeah, yeah, yeah, yeah. 
They're they're like, they were 

750
00:39:01,640 --> 00:39:04,080
like, let me show you. 
I'm sure Rd. posted about them, 

751
00:39:04,080 --> 00:39:07,920
but there's some, they were from
the Larva Las collections, these

752
00:39:07,920 --> 00:39:11,200
two at the bottom. 
Yeah, no, wait, that's the same 

753
00:39:11,200 --> 00:39:15,000
one. 
It's there was a post about him.

754
00:39:15,080 --> 00:39:16,720
I guess he there it is. 
These two. 

755
00:39:16,720 --> 00:39:18,040
This one's nice. 
Oh yeah, very good. 

756
00:39:18,280 --> 00:39:20,720
Yeah, yeah, they're great. 
Love these so. 

757
00:39:20,720 --> 00:39:22,280
That was amazing. 
The first was cool. 

758
00:39:22,840 --> 00:39:25,360
So cool. 
So they moved from the 

759
00:39:25,360 --> 00:39:28,600
collection and again on the art 
side, I mean the Sotheby's 

760
00:39:28,840 --> 00:39:31,480
auction ended and and I don't 
know if you guys saw that, but 

761
00:39:31,480 --> 00:39:35,240
the cat, the Quantum cat got 
$240,000. 

762
00:39:35,920 --> 00:39:41,720
Yeah, it's wild. 
That is a very high sale. 

763
00:39:42,120 --> 00:39:45,560
I would say traditionally that's
that's sometimes like the good 

764
00:39:45,560 --> 00:39:48,880
projects like we saw that with 
like Invisible Friends, we saw 

765
00:39:48,880 --> 00:39:52,200
that with what other projects 
did like a one of one sale on 

766
00:39:52,200 --> 00:39:57,120
Sotheby's before they launched. 
I don't think many did on 

767
00:39:57,120 --> 00:39:58,280
Sotheby's. 
Maybe it's open sea. 

768
00:39:58,280 --> 00:40:00,640
As well other beaches. 
It's like pretty aggressive 

769
00:40:00,640 --> 00:40:02,880
place to to do one of one sale 
beforehand. 

770
00:40:03,880 --> 00:40:08,080
It maybe justifies now the $4000
price tag. 

771
00:40:09,520 --> 00:40:12,920
For the NFT, but yeah, that's 
super high. 

772
00:40:13,200 --> 00:40:16,640
You have the I think people got 
AirDrop this magic ticket on for

773
00:40:16,640 --> 00:40:19,200
Magic Eden, which people are now
speculating will be somehow 

774
00:40:19,200 --> 00:40:22,680
related to the AirDrop. 
Doodles. 

775
00:40:22,720 --> 00:40:23,840
Doodles. 
Keep going man. 

776
00:40:25,320 --> 00:40:28,240
Doodles are running news out. 
No one knows what it is, but 

777
00:40:28,240 --> 00:40:31,240
it's coming. 
They're nearly. 2 1/2 forecast 

778
00:40:31,240 --> 00:40:32,560
to buy doodles? 
It's. 

779
00:40:32,560 --> 00:40:36,360
Cool cats to buy doodles to buy 
Disney Cool cats also moving I. 

780
00:40:36,720 --> 00:40:40,280
Think doodles require black? 
Doodles to apply back. 

781
00:40:41,400 --> 00:40:43,800
Well, they bought knew what 
Doodles did do, which I think a 

782
00:40:43,800 --> 00:40:45,880
lot of people didn't appreciate.
They bought that studio. 

783
00:40:46,200 --> 00:40:49,480
Great incredible buy like we we 
had them on the show. 

784
00:40:49,480 --> 00:40:51,120
Remember the CEO came on talking
about? 

785
00:40:52,520 --> 00:40:55,920
That and that apparently has 
been a complete game changer for

786
00:40:55,920 --> 00:40:59,680
their business like that. 
That business still operates 

787
00:40:59,680 --> 00:41:01,880
independently to doodles and 
makes a ton of money. 

788
00:41:02,040 --> 00:41:03,640
Like tons and tons and tons of. 
Money. 

789
00:41:03,640 --> 00:41:06,520
Very smart. 
So it's really helps their their

790
00:41:06,520 --> 00:41:08,680
cash flow I think of the 
business. 

791
00:41:09,000 --> 00:41:11,520
And. 
You for example, like if you 

792
00:41:11,520 --> 00:41:15,800
were to look at that versus 
Moonbirds, you'd be like where's

793
00:41:15,800 --> 00:41:18,160
the money coming in? 
Doodles now have a cash flow 

794
00:41:18,160 --> 00:41:20,520
generating business in the heart
of their own business. 

795
00:41:20,880 --> 00:41:24,280
So that does help them. 
I think it does help them. 

796
00:41:24,280 --> 00:41:27,920
They paid a lot for it. 
But now in terms of runway, I 

797
00:41:27,920 --> 00:41:29,480
think they're in a much better 
spot. 

798
00:41:30,000 --> 00:41:32,360
These people get paid like 
hundreds of thousands to do some

799
00:41:32,360 --> 00:41:37,360
of the shorts that they make. 
So it's just like Grey Wolf is 

800
00:41:37,360 --> 00:41:38,240
it? 
Or I forget the? 

801
00:41:38,280 --> 00:41:40,200
Name there. 
It's a yellow go. 

802
00:41:41,240 --> 00:41:43,560
I forgot the name but I know we 
hosted them when they came on 

803
00:41:43,560 --> 00:41:45,600
and they acquired them. 
It was really good and. 

804
00:41:46,240 --> 00:41:47,440
Golden wolf. 
Golden wolf? 

805
00:41:48,360 --> 00:41:51,280
Exactly. 
So that's that's going down and 

806
00:41:51,280 --> 00:41:53,040
they're doing the same. 
Maybe something to do with that,

807
00:41:53,040 --> 00:41:55,400
I I don't know. 
But like that's a proper studio 

808
00:41:55,880 --> 00:41:58,400
that has changed that whole 
company. 

809
00:41:58,400 --> 00:42:00,720
I think so. 
Yeah, that was a very good 

810
00:42:00,720 --> 00:42:03,600
acquisition from them. 
Still going on the NFT side. 

811
00:42:03,600 --> 00:42:06,520
I mean you had a rise in, let me
see on the east side quickly and

812
00:42:06,520 --> 00:42:11,600
then we'll go on Zuki's up, back
up with 7, two pudgies still. 

813
00:42:11,600 --> 00:42:13,000
I mean they're, they're just 
strong, right. 

814
00:42:13,000 --> 00:42:15,320
They're holding that line pretty
strong after a very sharp move 

815
00:42:15,320 --> 00:42:18,800
up punk's still above 64 ETH. 
Some nice cells yesterday again 

816
00:42:19,280 --> 00:42:21,720
love to see that the apes seems 
to have bounced a little bit so 

817
00:42:21,720 --> 00:42:25,520
they're back above 25 ETH. 
Doodles you guys have seen. 

818
00:42:25,520 --> 00:42:26,960
But it's kind of like the Taco 
town right now. 

819
00:42:26,960 --> 00:42:29,600
It's jumped a lot from the lows 
over 2X right from the lows. 

820
00:42:29,600 --> 00:42:34,120
So I'm not mistaken. 
So 240 and then the rest of the 

821
00:42:34,120 --> 00:42:36,760
market like the on the NFT side,
like even me bits. 

822
00:42:36,760 --> 00:42:38,680
I mean I'm seeing a lot of 
chatter about them based on the 

823
00:42:38,680 --> 00:42:41,200
larva labs pump and everything 
saying like yo like you know me 

824
00:42:41,200 --> 00:42:44,440
bits are also like that third 
larva labs project blah blah see

825
00:42:44,440 --> 00:42:46,800
Sergito and everybody like 
buying them buying them up. 

826
00:42:46,800 --> 00:42:49,360
I saw Token Angels buy them 
seven more Jamie and a bunch of 

827
00:42:49,360 --> 00:42:51,760
people. 
Cool cats, I mean even Danny. 

828
00:42:51,920 --> 00:42:54,000
Even Danny bought cool cats, 
which is wild to me. 

829
00:42:54,960 --> 00:42:57,720
Took a took a took a break from 
buying all this generative art 

830
00:42:57,720 --> 00:43:01,160
to to sweep a couple cool cats. 
So on the end, depend, as we 

831
00:43:01,160 --> 00:43:03,280
mentioned yesterday, still 
building, still doing really 

832
00:43:03,280 --> 00:43:05,560
well and whatnot. 
And even yesterday I mentioned 

833
00:43:05,560 --> 00:43:07,520
like I think it was Tyler that 
swept Y'all's floor like on the 

834
00:43:07,520 --> 00:43:12,080
red guy front. 
So yeah, a couple days ago, soul

835
00:43:12,080 --> 00:43:14,240
front, I mean done. 
That's natural retracement after

836
00:43:14,240 --> 00:43:16,360
this big pump the other night. 
Magic Ticket is a big 

837
00:43:16,360 --> 00:43:18,200
conversation of the of the 
moment which you already 

838
00:43:18,200 --> 00:43:19,680
mentioned. 
It's up 50% today. 

839
00:43:20,160 --> 00:43:22,040
The frog Anna seems to be 
holding pretty well around the 

840
00:43:22,040 --> 00:43:25,000
sixth soul. 
And of course Ovo L Like Ovo's 

841
00:43:25,000 --> 00:43:27,440
project pumped like crazy after 
like now announced that the 

842
00:43:27,440 --> 00:43:29,600
first launchpad like token 
that's going to come out of 

843
00:43:29,600 --> 00:43:30,880
Jupiter, it's going to be their 
token. 

844
00:43:31,200 --> 00:43:34,960
So obviously that jumped a ton 
and on the rest of the side Mad 

845
00:43:34,960 --> 00:43:38,400
Lads are seemingly getting some 
sort of a pull back for for the 

846
00:43:38,400 --> 00:43:41,920
people trying to join that 
community. 148 sold and sold 

847
00:43:41,920 --> 00:43:44,560
this, you know, about 35% down 
from its highs. 

848
00:43:44,560 --> 00:43:49,280
So in dollar terms some good 
entries on the Solana NFT side 

849
00:43:49,280 --> 00:43:50,800
of things. 
And then last but not least on 

850
00:43:50,800 --> 00:43:53,880
the Bitcoin side, yesterday's 
meta. 

851
00:43:54,000 --> 00:43:56,240
Remember yesterday I talked 
about this AirDrop that a lot of

852
00:43:56,240 --> 00:43:58,760
people got for like being 
recently active wallets on 

853
00:43:58,760 --> 00:44:02,840
Bitcoin? 
So that thing ended up going to 

854
00:44:02,840 --> 00:44:08,560
Porno 24, Bitcoin 4 which is 
like 1000, like it was like 

855
00:44:08,560 --> 00:44:10,760
$1200 a peak or something or 
maybe it still is, I don't 

856
00:44:10,760 --> 00:44:12,520
exactly know with Bitcoin being 
so volatile, right. 

857
00:44:12,720 --> 00:44:14,520
But that seems to have worked 
out pretty well. 

858
00:44:14,760 --> 00:44:17,680
And a reminder and shout out, I 
do want to give shout out to one

859
00:44:17,680 --> 00:44:22,040
of our listeners actually 
Leinster that wrote a tweet 

860
00:44:22,040 --> 00:44:24,520
about this explaining to people 
what to do with this. 

861
00:44:24,520 --> 00:44:27,720
So I need to go do that so you 
can self transfer it and it's 

862
00:44:27,720 --> 00:44:31,280
kind of like a game and once you
transfer it to a wallet so you 

863
00:44:31,280 --> 00:44:34,000
can transfer it to yourself. 
That's what these deeds told me 

864
00:44:34,000 --> 00:44:34,960
he did. 
That worked for him. 

865
00:44:35,960 --> 00:44:40,560
You it will activate something 
and it's some sort of a game and

866
00:44:40,560 --> 00:44:44,120
it's going, you're going to be 
like mining rune token for 

867
00:44:44,120 --> 00:44:46,120
having this. 
So I don't know what's happening

868
00:44:46,120 --> 00:44:47,880
here. 
I don't know what's going on 

869
00:44:47,880 --> 00:44:49,840
exactly. 
Nobody really does. 

870
00:44:50,320 --> 00:44:53,960
But I'm kind of liking this. 
I kind of, I mean, I didn't pay 

871
00:44:53,960 --> 00:44:55,760
for it. 
So obviously I like it, but you 

872
00:44:55,800 --> 00:45:00,000
know, there's something going on
here, and it makes me really 

873
00:45:00,000 --> 00:45:01,760
intrigued because that's a lot 
of the stuff that people thought

874
00:45:01,760 --> 00:45:03,840
were impossible in ordinals, 
right, due to the cost. 

875
00:45:04,360 --> 00:45:07,600
And it's kind of happening. 
Are we seeing the birth of the 

876
00:45:07,600 --> 00:45:12,200
first chick coin like that, like
happening through an AirDrop? 

877
00:45:12,240 --> 00:45:15,080
I don't know. 
But but maybe you should have 

878
00:45:15,080 --> 00:45:16,640
bought these puppets, Mando, 
because you were gotten that 

879
00:45:16,640 --> 00:45:20,080
AirDrop too too had you done. 
So I know I got some I got I got

880
00:45:20,080 --> 00:45:23,760
some of the error. 
Oh oh wait, you have puppets? 

881
00:45:24,480 --> 00:45:26,480
No, I have frogs. 
Oh, frogs. 

882
00:45:26,640 --> 00:45:28,080
Oh yeah, the you have the 
Bitcoin frogs. 

883
00:45:28,080 --> 00:45:31,320
It's true. 
So that drops at .024 right now.

884
00:45:31,320 --> 00:45:33,360
So we'll see where that takes to
us. 

885
00:45:33,360 --> 00:45:37,040
But current Bitcoin price, so 
bitcoins about 32 K I'm just 

886
00:45:37,040 --> 00:45:39,120
kidding, he's your friend for a 
second. 

887
00:45:39,400 --> 00:45:42,400
Obi was like told you so anyway,
so that's about it's about 

888
00:45:42,400 --> 00:45:44,520
$1000. 
But anyways, anyways, anyways, 

889
00:45:44,520 --> 00:45:48,520
why don't we bring what do we 
bring our special guest of the 

890
00:45:48,520 --> 00:45:51,760
day on the show. 
Where's Larry? 

891
00:45:51,760 --> 00:45:53,320
Where's Larry? 
Where's Andrea? 

892
00:45:54,240 --> 00:45:54,920
Hola. 
Hola. 

893
00:45:55,000 --> 00:45:57,320
Como estas. 
Andrea, how are you doing today?

894
00:45:58,440 --> 00:46:02,360
Very excited to be here. 
I am like pinching myself to be 

895
00:46:02,360 --> 00:46:06,920
on the phone. 
It's like big, big fame for. 

896
00:46:07,000 --> 00:46:10,200
For literally for sure. 
No. 

897
00:46:10,200 --> 00:46:11,400
So thank you. 
So much. 

898
00:46:13,160 --> 00:46:14,880
Hey Andrea, thank you for being 
here. 

899
00:46:14,920 --> 00:46:16,520
Yeah, thank you. 
You guys at Palm Main 

900
00:46:16,520 --> 00:46:18,880
Foundation, of course for being 
great partners and great friend 

901
00:46:18,880 --> 00:46:20,920
of ours. 
The conversation we had at Basel

902
00:46:20,920 --> 00:46:23,160
was great. 
I saw the clips starting to go 

903
00:46:23,160 --> 00:46:25,920
out, but that was a good one 
with Joe, of course, Papa Joe, 

904
00:46:25,920 --> 00:46:28,760
Lubin talking about, you know, 
all things Palm, which you guys 

905
00:46:28,760 --> 00:46:30,960
are going on with, you know, 
Polygon, and and all the stuff 

906
00:46:30,960 --> 00:46:33,000
you guys have been announcing 
right before the holidays, 

907
00:46:33,000 --> 00:46:34,280
right? 
Which is a lot. 

908
00:46:34,640 --> 00:46:38,400
And there's a lot going on in 
your ecosystem for sure, you 

909
00:46:38,440 --> 00:46:39,520
know? 
So we were Speaking of NFTS, 

910
00:46:39,520 --> 00:46:41,600
wasn't it? 
DC Comics did like huge 

911
00:46:41,600 --> 00:46:43,520
launches. 
Comics, Damien. 

912
00:46:43,520 --> 00:46:45,240
Hers. 
The currency is also on palm. 

913
00:46:45,240 --> 00:46:47,680
Yeah, exactly. 
Where is it? 

914
00:46:47,680 --> 00:46:49,960
Right there, you see. 
It right there. 

915
00:46:51,040 --> 00:46:53,440
Woohoo, that's a good one also. 
Oh, it's nice. 

916
00:46:53,640 --> 00:46:55,560
Yeah. 
I, I, I I like my, I like my 

917
00:46:55,560 --> 00:46:57,880
currency a lot. 
Kept one of the NFTS though 

918
00:46:57,920 --> 00:47:02,440
still on Palm and and definitely
claim one of them. 

919
00:47:02,440 --> 00:47:06,280
So you know Andrea maybe give us
a TLDR, what's happening in your

920
00:47:06,280 --> 00:47:07,760
ecosystem. 
You know I know you guys made a 

921
00:47:07,760 --> 00:47:09,160
lot of announcement on the Palm 
side. 

922
00:47:09,360 --> 00:47:13,200
We talk a lot about you know 
different chains here L ones, L 

923
00:47:13,200 --> 00:47:14,960
twos. 
I think it's good to get a 

924
00:47:14,960 --> 00:47:17,200
little update of what's 
happening on the Palm ecosystem.

925
00:47:17,800 --> 00:47:20,680
Absolutely. 
T LDR is we migrated from a 

926
00:47:20,680 --> 00:47:26,800
POSPOH chain to a Polygon CDK 
which is APOS chain now last 

927
00:47:26,800 --> 00:47:30,160
year and we're on our way to 
become a CKEVM chain by this 

928
00:47:30,160 --> 00:47:33,240
half of the year. 
I know that you're all talking 

929
00:47:33,240 --> 00:47:36,080
about Hoopiter and how they're 
battle tested, but if you want 

930
00:47:36,080 --> 00:47:40,880
to talk about battle testing, 
Palm is backed by consensus and 

931
00:47:40,880 --> 00:47:43,400
by Polygon. 
And so we're building for not 

932
00:47:43,400 --> 00:47:45,280
the next five years but the next
15. 

933
00:47:45,680 --> 00:47:48,000
And we're also launching A 
token. 

934
00:47:48,680 --> 00:47:54,040
This is alpha for everyone. 
We're launching A token this 

935
00:47:54,040 --> 00:47:55,600
year. 
I'm not going to tell you 

936
00:47:55,600 --> 00:47:57,480
exactly what date, but it's 
coming soon. 

937
00:47:58,400 --> 00:48:01,600
And so we're very excited to, 
you know, we've been heads down 

938
00:48:01,600 --> 00:48:05,280
working to improve the platform,
the bridge, I know people were 

939
00:48:05,280 --> 00:48:07,960
having issues with that. 
So we have basically improved 

940
00:48:07,960 --> 00:48:11,800
all of the infrastructure on the
Palm side in preparation for the

941
00:48:11,800 --> 00:48:15,240
token launch. 
And in order to gear up for 

942
00:48:15,240 --> 00:48:19,120
that, we also launched the Palm 
A Collective, which is a Dow of 

943
00:48:19,120 --> 00:48:23,600
the network last week. 
It's a governance as a service 

944
00:48:23,600 --> 00:48:26,240
tool. 
So basically anyone that creates

945
00:48:26,240 --> 00:48:31,600
A Palmydeem, which is a an 
abstraction layer account can 

946
00:48:31,600 --> 00:48:35,440
then verify up to three 
verifiers and then anyone with a

947
00:48:35,440 --> 00:48:38,720
click through can create a Dow. 
Why does that matter if you 

948
00:48:38,720 --> 00:48:40,400
create a subtle within the Palm 
collective? 

949
00:48:40,400 --> 00:48:43,360
Because that's the way that 
you'll be able to unlock a grant

950
00:48:43,360 --> 00:48:46,720
in the form of Palm token. 
And so we're inviting everyone 

951
00:48:46,720 --> 00:48:48,920
to, you know, come to the Palm 
collective. 

952
00:48:48,960 --> 00:48:52,280
You have a link in the in the 
space in the space. 

953
00:48:53,120 --> 00:48:54,680
We pinned it at the top of the 
Twitter Spaces. 

954
00:48:54,800 --> 00:48:56,920
Exactly. 
So go to the Palm Dao, follow 

955
00:48:56,920 --> 00:49:00,600
the Palm Dao and the Palm 
Foundation to get the the Alpha 

956
00:49:00,600 --> 00:49:02,840
as as it comes along. 
And the other thing that we're 

957
00:49:02,840 --> 00:49:06,520
doing to incentivize people to 
join the Tao is we opened up a 

958
00:49:06,520 --> 00:49:10,160
call with the with the biggest 
Latin American art fair called 

959
00:49:10,160 --> 00:49:13,760
Sona Marco. 
So anyone we're doing a call for

960
00:49:14,440 --> 00:49:17,480
digital artists from anywhere in
the world. 

961
00:49:17,680 --> 00:49:22,040
You the only thing you need to 
do is first mint your artwork on

962
00:49:22,040 --> 00:49:25,160
the palm network, then create 
your palm ID and then submit it 

963
00:49:25,160 --> 00:49:29,080
to the Palm DAO Super Chief 
Gallery. 

964
00:49:29,080 --> 00:49:33,880
NFT is one of the curators and 
Glam Beckett from Sad Girl Bar 

965
00:49:33,880 --> 00:49:37,880
is the other curator. 
They're going to be curating 5 

966
00:49:37,880 --> 00:49:41,680
three to five pieces to be 
showcased in the Palm Collective

967
00:49:41,680 --> 00:49:45,280
booth at Sonamaco. 
It's the only instance where an 

968
00:49:45,280 --> 00:49:49,040
artist can access this fair 
without gallery representation. 

969
00:49:49,360 --> 00:49:51,800
And we're going to have a sorry 
for the meters, but I don't know

970
00:49:51,840 --> 00:49:57,840
this on feet, but it's going to 
be 5 to 3 feet screen for for us

971
00:49:57,840 --> 00:50:02,240
to be showcasing the curator, 
the curated art on this fair. 

972
00:50:02,880 --> 00:50:06,320
Why is this important for us? 
Because we're bridging digital 

973
00:50:06,320 --> 00:50:09,480
art and why this is here to stay
and why it matters to 

974
00:50:09,480 --> 00:50:12,960
traditional spaces. 
So people that are only used to 

975
00:50:13,000 --> 00:50:15,840
buying physical art pieces are 
for the first time going to be 

976
00:50:15,840 --> 00:50:20,080
able to see digital displays and
also hopefully begin to 

977
00:50:20,080 --> 00:50:21,720
understand the consequences of 
that. 

978
00:50:22,600 --> 00:50:24,400
OK, wow, this is really cool by 
the way. 

979
00:50:24,400 --> 00:50:26,480
Shout out to Super Chief. 
Love Ed, love that team. 

980
00:50:26,480 --> 00:50:28,000
We've done some work with them 
prior. 

981
00:50:28,000 --> 00:50:30,600
We will be doing a lot of work 
with them in the future as well.

982
00:50:30,600 --> 00:50:33,120
So really good people when it 
comes to art. 

983
00:50:33,400 --> 00:50:35,680
Sona Michael, I've heard of Sona
Michael before. 

984
00:50:35,800 --> 00:50:38,400
It's super cool. 
I mean massive, massive, like 

985
00:50:38,400 --> 00:50:41,880
gigantic art fair in Latin 
America, but kind of like to the

986
00:50:41,880 --> 00:50:43,560
world as well. 
Like it's really important. 

987
00:50:43,840 --> 00:50:47,280
So if you're an artist listening
to this, like there's a lot of 

988
00:50:47,280 --> 00:50:50,280
opportunities right now and it's
probably like less crowded type 

989
00:50:50,280 --> 00:50:52,440
of opportunities. 
So like jump, you know what I 

990
00:50:52,440 --> 00:50:54,480
mean? 
Like, go for it if you're trying

991
00:50:54,480 --> 00:50:57,440
to put your art out there. 
Yeah, the only thing is I forgot

992
00:50:57,440 --> 00:51:02,320
if you got if you get Q rated, 
you get a $500 grant and then 

993
00:51:02,360 --> 00:51:06,920
all of the submissions go to a 
Palm Collective low boat to and 

994
00:51:06,920 --> 00:51:09,840
the winner gets $1500 from the 
Palm Foundation. 

995
00:51:09,840 --> 00:51:12,840
So in addition to getting your 
art display, you get some cash 

996
00:51:12,880 --> 00:51:14,360
as well. 
So yeah. 

997
00:51:14,880 --> 00:51:17,280
OK, so the reason I run into 
like touchdown, double, double 

998
00:51:17,280 --> 00:51:19,040
on this 'cause I know we have a 
lot of artists that listen to 

999
00:51:19,040 --> 00:51:21,320
the show. 
So it would be really cool like 

1000
00:51:21,360 --> 00:51:23,680
I think for y'all, like if you 
want a good opportunity to build

1001
00:51:24,560 --> 00:51:26,600
like to build, you know your 
name further and and be 

1002
00:51:26,600 --> 00:51:30,360
represented at one of these 
conferences and big art fairs is

1003
00:51:30,360 --> 00:51:32,240
one of them, especially the 
Super Chief. 

1004
00:51:32,240 --> 00:51:34,920
And Glenn Beckett is awesome 
lover art and her one of ones 

1005
00:51:34,920 --> 00:51:36,280
and all that work. 
I remember looking into that 

1006
00:51:36,280 --> 00:51:38,720
like two years ago when when Sad
Girls bar, right. 

1007
00:51:38,720 --> 00:51:42,480
Sad Girls Bar came out and it 
was really cool. 

1008
00:51:42,480 --> 00:51:44,760
So big fan and I think it's 
super cool that you're doing 

1009
00:51:44,760 --> 00:51:46,360
that. 
So a lot of artists down there, 

1010
00:51:46,360 --> 00:51:48,760
I see y'all, I see y'all. 
I see Ryan Koopman's, I see 

1011
00:51:48,760 --> 00:51:50,600
Sarah's script. 
You know, I see a lot, a lot, a 

1012
00:51:50,600 --> 00:51:52,800
lot of names down there that are
familiar. 

1013
00:51:52,800 --> 00:51:55,880
A lot of even even I like tabs. 
You should submit your memes, 

1014
00:51:56,520 --> 00:52:00,920
but I love memes. 
Seriously. 

1015
00:52:01,120 --> 00:52:04,640
Like you get a grad A. 
Meme in one of the biggest in 

1016
00:52:04,640 --> 00:52:05,920
the. 
World, that would be crazy. 

1017
00:52:06,440 --> 00:52:08,960
That would be amazing. 
No. 

1018
00:52:09,000 --> 00:52:11,720
Let's make that happen. 
Let's make that yo. 

1019
00:52:11,720 --> 00:52:13,800
Let's make that yo. 
But I don't know if you want to 

1020
00:52:13,800 --> 00:52:15,360
see. 
I like tabs as memes and they 

1021
00:52:15,360 --> 00:52:16,960
have between us. 
But maybe. 

1022
00:52:18,400 --> 00:52:21,200
Yeah, definitely questionable 
memes. 

1023
00:52:22,240 --> 00:52:25,040
Like yo put your you should 
maybe always today. 

1024
00:52:25,040 --> 00:52:26,720
It's not fair. 
Don't put your art in there. 

1025
00:52:27,360 --> 00:52:29,520
Yeah, but honestly, it's it's 
like a really big art fair. 

1026
00:52:29,520 --> 00:52:31,520
Like it's a huge deal. 
Like Sona, Michael's like, not 

1027
00:52:31,520 --> 00:52:33,800
like it's really, really a big 
deal when it comes to the art 

1028
00:52:33,800 --> 00:52:35,600
world. 
So definitely touchdown, that I 

1029
00:52:35,600 --> 00:52:37,920
know Palm is doing a bunch of. 
I mean, Andrea's like whole 

1030
00:52:37,920 --> 00:52:40,440
purpose is like elevating 
creators and all that stuff. 

1031
00:52:40,440 --> 00:52:40,920
No. 
My. 

1032
00:52:41,120 --> 00:52:43,800
Entire life is about elevating 
creators in the web through 

1033
00:52:43,800 --> 00:52:45,920
space, especially diverse 
creators. 

1034
00:52:46,280 --> 00:52:48,920
And I'm really happy to. 
I don't know how I got this job,

1035
00:52:48,920 --> 00:52:52,240
but I'm happy that it helped me,
you know, actually do the thing 

1036
00:52:52,240 --> 00:52:53,960
that I'm very passionate about, 
so. 

1037
00:52:54,600 --> 00:52:55,920
I love that over. 
Here. 

1038
00:52:56,520 --> 00:52:58,480
So you know you're saying why 
build on palm which is why 

1039
00:52:58,480 --> 00:53:00,960
you're just touching on like 
battle tested obviously with the

1040
00:53:00,960 --> 00:53:03,840
backing of consensus which I you
know I know they're putting a 

1041
00:53:03,840 --> 00:53:08,120
lot of you know effort and time 
money everything into into that 

1042
00:53:08,120 --> 00:53:09,840
as well. 
I got to sit down with you and 

1043
00:53:09,840 --> 00:53:11,840
Joe Lubin for an hour in Miami. 
So I heard it from the. 

1044
00:53:12,280 --> 00:53:15,200
I mean, we heard it from the 
from what it what's so saying 

1045
00:53:15,200 --> 00:53:19,720
from the mouth of the whatever. 
From the mouth of the Yeah, 

1046
00:53:19,720 --> 00:53:21,320
whatever the Mothership. 
'S mouth. 

1047
00:53:22,320 --> 00:53:24,800
So I heard it all myself, which 
is really cool, love to see 

1048
00:53:24,800 --> 00:53:26,040
that. 
So what's the outlook now? 

1049
00:53:26,040 --> 00:53:28,200
Like what are we looking into in
2024? 

1050
00:53:28,320 --> 00:53:29,880
You know, of course, like we're 
talking about the market right 

1051
00:53:29,880 --> 00:53:31,920
now, that's just like that's 
short term, right, because we 

1052
00:53:31,920 --> 00:53:35,240
cover market trends obviously, 
but 2024's still looking like an

1053
00:53:35,440 --> 00:53:37,560
incredible year ahead of us. 
So what's what's in store for 

1054
00:53:37,560 --> 00:53:39,080
you? 
Like what are you guys excited 

1055
00:53:39,080 --> 00:53:41,440
about Palm Network for 20? 
Four, well for us we're excited 

1056
00:53:41,440 --> 00:53:44,680
for people to just start 
building and trying the new POS 

1057
00:53:44,680 --> 00:53:47,400
chain and and the new technology
that we're you know putting out 

1058
00:53:47,400 --> 00:53:50,840
there for people to build in. 
We have new documentation in 

1059
00:53:50,840 --> 00:53:56,680
docs, docs, docs dot, palm dot 
IO for any depth to just start 

1060
00:53:56,680 --> 00:53:58,280
building on the Palm network as 
well. 

1061
00:53:58,600 --> 00:54:01,440
And what I think makes us 
incredibly special is we are 

1062
00:54:01,440 --> 00:54:04,680
building for the creator and 
this chain is by and for the 

1063
00:54:04,680 --> 00:54:06,680
creator. 
But the other thing that we are 

1064
00:54:06,720 --> 00:54:11,200
very good at and continue to 
explore is how to bring brands 

1065
00:54:11,600 --> 00:54:15,240
into the space and have them 
connected with their fans and 

1066
00:54:15,240 --> 00:54:18,000
and creators now. 
And so we already have in the 

1067
00:54:18,000 --> 00:54:26,000
network Candy Digit that has the
DC comic, NASCAR, WWE etcetera. 

1068
00:54:26,000 --> 00:54:29,920
So we also want to position 
ourselves as a network where 

1069
00:54:30,240 --> 00:54:34,640
they were big brands for sports 
and entertainment can start you 

1070
00:54:34,640 --> 00:54:39,560
know dabbling into Web three and
having them transition in a in a

1071
00:54:39,600 --> 00:54:42,760
into a chain and into a secure 
space as you were saying. 

1072
00:54:42,760 --> 00:54:45,800
We are battle tested. 
We're backed by the two biggest 

1073
00:54:46,160 --> 00:54:49,680
you know companies in this space
and So what we really want to do

1074
00:54:49,680 --> 00:54:55,920
is show brands that might have 
been you know spooked by 2023 

1075
00:54:55,920 --> 00:54:58,320
and and all of the the things 
that happened and you know 

1076
00:54:58,640 --> 00:55:03,680
rightly so they're skeptic again
bring time with all of the 

1077
00:55:03,680 --> 00:55:07,320
influence and all of the backing
that it has and position it as a

1078
00:55:07,320 --> 00:55:11,000
place where brands, fans and 
creators can all commune and 

1079
00:55:11,000 --> 00:55:15,560
hopefully start a new a new. 
I don't know if a bull, a bull 

1080
00:55:15,560 --> 00:55:20,520
run, but a new iteration of of 
Web 3 where first it was digens,

1081
00:55:20,520 --> 00:55:24,480
then it was speculation and now 
it's more of a mass adoption. 

1082
00:55:24,840 --> 00:55:28,280
And So what we wanna do is no 
code tooling, easy to use 

1083
00:55:29,440 --> 00:55:32,320
systems, which is basically what
we've done with the Pandao. 

1084
00:55:32,360 --> 00:55:35,560
You don't need to speak there to
use the DIAL system now. 

1085
00:55:36,960 --> 00:55:38,920
Exactly. 
You can build your own your own 

1086
00:55:38,920 --> 00:55:42,480
soap house. 
You can you can tailor to your 

1087
00:55:42,480 --> 00:55:44,720
communities, you can let them 
tell you what they need. 

1088
00:55:44,720 --> 00:55:47,120
And especially for brands, I 
think this is important and we 

1089
00:55:47,120 --> 00:55:49,960
were talking about this in in 
Miami, but you know for the 

1090
00:55:49,960 --> 00:55:53,320
creator, of course we went with 
three We want power, we want to 

1091
00:55:53,320 --> 00:55:55,200
be able to commercialize, we 
want to be able to a 

1092
00:55:55,240 --> 00:55:58,040
peer-to-peer. 
But for a brand they're like, 

1093
00:55:58,040 --> 00:56:00,720
but why would we care? 
We're very happy with the status

1094
00:56:00,720 --> 00:56:02,960
quo. 
We tell you what to buy, you buy

1095
00:56:03,000 --> 00:56:05,640
it, but that's I think that's 
ending. 

1096
00:56:05,640 --> 00:56:08,600
And and we're in a paradigm 
shift where now we're entering 

1097
00:56:08,600 --> 00:56:13,240
an influence economy where the 
consumer expects to have a say 

1098
00:56:13,240 --> 00:56:15,440
on what the brand is building 
and what they're going to 

1099
00:56:15,440 --> 00:56:19,040
consume. 
And so turning the consumer 

1100
00:56:19,040 --> 00:56:23,560
feedback into a Dow mechanism 
where the actual company allows 

1101
00:56:23,680 --> 00:56:27,160
their consumers to have a say on
the road map and the and the and

1102
00:56:27,160 --> 00:56:31,160
the products that they build and
you know put up for sale is 

1103
00:56:31,160 --> 00:56:37,240
going to be a pivotal for them 
to hopefully you know survive. 

1104
00:56:37,680 --> 00:56:38,920
So that's what we're trying to 
do. 

1105
00:56:38,920 --> 00:56:43,200
We're trying to have a very 
easy, you know, shift for a 

1106
00:56:43,200 --> 00:56:47,000
brand to join the space and an 
easy and an easy path also for 

1107
00:56:47,000 --> 00:56:50,040
someone that's crypto curious 
that doesn't necessarily know 

1108
00:56:50,080 --> 00:56:55,000
how to. 
It's been an NFT or trade or or 

1109
00:56:55,000 --> 00:56:57,440
all of these things, but just 
wants to learn more about the 

1110
00:56:57,440 --> 00:56:59,920
technology. 
We also have the Palm Academy 

1111
00:56:59,920 --> 00:57:02,720
for that. 
So if you're a teacher, if you 

1112
00:57:02,720 --> 00:57:05,360
have something, something to 
share, the Palm Academy will 

1113
00:57:05,360 --> 00:57:08,560
also become a DAO. 
Anyone can submit a class and 

1114
00:57:08,560 --> 00:57:11,880
then the DAO will vote on who 
teaches the class. 

1115
00:57:12,080 --> 00:57:15,320
So you can create your own 
curriculum and in the end, for 

1116
00:57:15,320 --> 00:57:18,040
each class that you take, you 
collect a soul bound token 

1117
00:57:18,040 --> 00:57:21,560
called proof. 
So you're creating your CV so 

1118
00:57:21,560 --> 00:57:24,520
that the community itself will 
let you know if you're good, if 

1119
00:57:24,520 --> 00:57:27,400
you did this, if you did that, 
if you learnt, if you built so 

1120
00:57:27,400 --> 00:57:30,200
that we can all refer and hire 
each other instead of just 

1121
00:57:30,440 --> 00:57:32,920
trusting. 
I went to Harvard or I have a 

1122
00:57:32,920 --> 00:57:35,200
debt of millions of dollars to 
get education. 

1123
00:57:35,280 --> 00:57:37,760
So that's another code for for 
for Bob. 

1124
00:57:38,720 --> 00:57:42,200
So let me ask you something, 
because I know for a fact you 

1125
00:57:42,200 --> 00:57:44,160
guys doing a lot for creators in
general. 

1126
00:57:44,160 --> 00:57:45,920
Like, not just. 
Yeah, like artists and creators 

1127
00:57:45,920 --> 00:57:48,080
in general, like, so maybe 
someone like ourselves like want

1128
00:57:48,080 --> 00:57:51,240
to would start a show or 
learning mechanism or a course 

1129
00:57:51,240 --> 00:57:53,280
or something like that. 
I know for a fact you get that's

1130
00:57:53,280 --> 00:57:54,920
your mission, which is really 
cool. 

1131
00:57:55,640 --> 00:57:58,400
What is the best way to direct 
everyone because it's a lot 

1132
00:57:58,400 --> 00:58:00,800
right? 
Where where is the best way to 

1133
00:58:00,800 --> 00:58:03,080
direct someone that is genuinely
interested right now in joining 

1134
00:58:03,080 --> 00:58:05,040
you guys after listening to the 
show? 

1135
00:58:05,840 --> 00:58:09,840
To the pandao, that pandao dot 
app is the best way where you 

1136
00:58:09,840 --> 00:58:11,840
can, you know Start learning 
from us. 

1137
00:58:12,120 --> 00:58:13,880
Out of there you'll see 
everything. 

1138
00:58:14,440 --> 00:58:19,480
There you you have the the Pan 
DAO app basically you can thank 

1139
00:58:19,480 --> 00:58:21,280
you. 
So yeah, if you go there the 

1140
00:58:21,280 --> 00:58:23,800
first thing you will do is 
create your pan ID. 

1141
00:58:23,960 --> 00:58:27,280
Once you create your pan ID, 
it's like 3 clicks. 

1142
00:58:27,720 --> 00:58:30,960
You can you can add verifier so 
you have your mail, your Twitter

1143
00:58:30,960 --> 00:58:35,600
or your discord and so you can 
then start collecting. 

1144
00:58:35,600 --> 00:58:37,560
You can participate in in the 
grant. 

1145
00:58:37,560 --> 00:58:42,560
You can participate in a vote. 
You can create a community, you 

1146
00:58:42,560 --> 00:58:45,320
can build on Palm and through 
that you can also become a 

1147
00:58:45,320 --> 00:58:48,640
member of the Palm Academy of 
the Palm Foundation of the 

1148
00:58:48,640 --> 00:58:51,560
different Daos and some Daos 
that we'll start creating. 

1149
00:58:51,920 --> 00:58:56,560
Some from the Palm like a 
contributor, you know, 

1150
00:58:56,880 --> 00:58:59,960
contributor face, and others 
from just the community building

1151
00:58:59,960 --> 00:59:02,480
their own things. 
And so if you see those four 

1152
00:59:02,480 --> 00:59:07,520
things, can you scroll back up, 
Those are the four tools that we

1153
00:59:07,520 --> 00:59:10,120
have on the DAO. 
No, the Palm ID is the first one

1154
00:59:10,280 --> 00:59:12,400
because we want security in the 
Palm network. 

1155
00:59:12,720 --> 00:59:15,000
You can have a Seldomimos, but 
at least you know that you're 

1156
00:59:15,000 --> 00:59:18,520
talking to a human. 
The community is the Sodao, so 

1157
00:59:18,520 --> 00:59:21,920
anyone can just create a Sodao. 
And the proofs are the solvent 

1158
00:59:21,920 --> 00:59:25,480
tokens that give you membership 
to the different communities and

1159
00:59:25,480 --> 00:59:28,960
plan and collective proper and 
allow you to also prove that you

1160
00:59:28,960 --> 00:59:31,640
took a class, you build 
something, you went to an event,

1161
00:59:31,640 --> 00:59:34,000
you came here, you came there, 
you etcetera. 

1162
00:59:34,640 --> 00:59:38,600
And then the grants are just for
you to get either Fiat or token 

1163
00:59:38,600 --> 00:59:41,160
or palm token grants. 
And if you scroll up a little 

1164
00:59:41,160 --> 00:59:44,880
bit more. 
Up or down. 

1165
00:59:45,040 --> 00:59:50,320
It's up, up, up here, up, up. 
There's like a spinning D that 

1166
00:59:50,320 --> 00:59:54,160
one that's spinning D Once you 
create your palm ID, you can 

1167
00:59:54,240 --> 00:59:55,520
collect. 
There it is. 

1168
00:59:56,080 --> 00:59:57,880
Uh huh. 
That's spinning D That's the 

1169
00:59:57,880 --> 00:59:59,640
membership proof of the palm 
collective. 

1170
00:59:59,640 --> 01:00:02,200
So once you once you claim your 
palm ID. 

1171
01:00:02,720 --> 01:00:05,120
You, you become a member of the 
Palm Collective and that will 

1172
01:00:05,120 --> 01:00:09,120
give you the ability to vote on 
the Dow of the Palm network and 

1173
01:00:09,120 --> 01:00:13,240
help us, you know decide how we 
build it, where we're going. 

1174
01:00:13,560 --> 01:00:16,680
This is a community network and 
so we want to hear from you. 

1175
01:00:16,840 --> 01:00:21,320
All of the decision making 
process once the the token comes

1176
01:00:21,320 --> 01:00:25,560
out will be happening through 
this Dow and you'll have you'll 

1177
01:00:25,560 --> 01:00:27,800
need both things, you'll need 
Palm token and you'll need the 

1178
01:00:27,960 --> 01:00:30,080
proofs to unlock the different 
votes. 

1179
01:00:30,600 --> 01:00:33,360
So if you want to learn about 
Palm, the Palm Collective is 

1180
01:00:33,360 --> 01:00:37,520
where you should go and your 
start building, start using it 

1181
01:00:37,560 --> 01:00:40,480
and you know start telling us 
also giving us feedback about 

1182
01:00:40,480 --> 01:00:43,680
what you want to see next and 
we'll start having more boats 

1183
01:00:43,680 --> 01:00:45,200
for you to choose artists for 
you. 

1184
01:00:45,360 --> 01:00:48,120
You know, protocol decisions, 
everything's going to be 

1185
01:00:48,120 --> 01:00:50,200
happening throughout that 
application. 

1186
01:00:50,760 --> 01:00:53,080
Yeah, that's awesome. 
I mean, listen Palm dao dot 

1187
01:00:53,120 --> 01:00:59,320
APALMPALPAL. 
PAL. 

1188
01:00:59,720 --> 01:01:05,200
M DO dot APP. 
It's all in there. 

1189
01:01:05,200 --> 01:01:07,920
It's really cool when it comes 
to creator in the creator 

1190
01:01:07,920 --> 01:01:09,360
economy. 
Take it for me like I've been a 

1191
01:01:09,360 --> 01:01:11,560
creator for a long time and I I 
genuinely think it's going. 

1192
01:01:11,560 --> 01:01:13,640
I'm not trying to posture it or 
anything and I know you guys 

1193
01:01:13,640 --> 01:01:16,320
also give a lot of money away 
and put people on places, so 

1194
01:01:16,320 --> 01:01:19,280
like may as well go and get it. 
If you're listening right before

1195
01:01:19,280 --> 01:01:21,320
the masses come in, this is like
the easiest opportunity you have

1196
01:01:21,320 --> 01:01:22,760
in crypto to like go and catch 
grants. 

1197
01:01:22,960 --> 01:01:24,520
Like take it now while you have 
it. 

1198
01:01:24,520 --> 01:01:27,120
So Andrea, thank you so much for
coming on. 

1199
01:01:27,160 --> 01:01:29,400
Thank you for being an awesome 
partner and looking forward to 

1200
01:01:29,400 --> 01:01:30,960
seeing you again. 
Thank you so much. 

1201
01:01:30,960 --> 01:01:32,880
Me too, and thank you for 
everything you do. 

1202
01:01:32,920 --> 01:01:34,640
I'm a big fan and thank you for 
having me. 

1203
01:01:34,640 --> 01:01:36,480
This was great. 
Ciao. 

1204
01:01:37,080 --> 01:01:41,240
All right, all right, well, that
puts an end to this show, to 

1205
01:01:41,240 --> 01:01:46,440
this quite bearish show, but 
hopefully Mando tomorrow or bye 

1206
01:01:46,440 --> 01:01:48,360
will be fixed. 
Don't worry, he'll be like ultra

1207
01:01:48,360 --> 01:01:51,560
bull posting again and like 
maybe like a month. 

1208
01:01:51,920 --> 01:01:53,280
But it's OK. 
Well, it'll take time. 

1209
01:01:53,280 --> 01:01:56,440
But anyways, we'll be back. 
But with that, with that, with 

1210
01:01:56,440 --> 01:01:58,920
that, we will see you all 
tomorrow morning, 10:30 AM 

1211
01:01:58,920 --> 01:02:01,400
Eastern Standard Time, 7:30 AM 
Pacific Standard Time for 

1212
01:02:01,400 --> 01:02:03,680
another episode of formal hour 
on Rock radio. 

1213
01:02:03,880 --> 01:02:05,800
Let's go.